Market analysis from Alice Blue
DLF Ltd., India’s premier real estate developer, is making a strong comeback both fundamentally and technically. With encouraging Q4 earnings and positive market sentiment, this stock could be poised for its next leg upward 📊 📈Technical Analysis: Since 2020, DLF has steadily climbed from the ₹120–₹130 range and touched a high of ₹968 in April 2024. A healthy...
📈Technical Analysis: Bullish Reversal in Sight Astral Limited has exhibited a robust uptrend over the past decade, with its stock price ascending from ₹4 – ₹5 to an all-time high of ₹2,454 in July 2024. However, following this peak, the stock underwent a significant correction, declining by approximately 50% to reach the ₹1,200 level. This correction can be...
Trade Projection: Entry Zones: Primary Entry: Within the bullish FVG zone between 135 and 140. Secondary Entry: On a breakout above the recent swing high of 143.45, which also serves as a Break of Structure (BOS) point relative to the FVG. Targets: Primary Target: 155 (approx. +12%) Secondary Target: 163 (approx. +20%) Stop loss at 125 Wyckoff...
Weekly Chart Overview: The stock has given a weekly breakout above the key level of ₹217. Current Market Price (CMP): ₹226.60 (as of last two weeks' data). The breakout confirms medium-term bullish sentiment. Daily Chart & Wyckoff Method Analysis: According to the Wyckoff Method, the stock shows slightly weak momentum currently. Preliminary Support (PS)...
Tata Technologies has shown a strong upward move from the Last Point of Support (LPS) near 640, in alignment with the Wyckoff Method. The price rallied up to 778, indicating strong bullish momentum. The trend structure reveals Higher Highs (HH) and Higher Lows (HL), confirming a bullish market structure. A Bullish Fair Value Gap (FVG) has been identified between...
Indian Bank is a fundamentally strong PSU bank stock trading near its All-Time High (ATH) of 632.7. With a bullish technical structure and improving financials, this stock presents an excellent opportunity for both traders and long-term investors. Below, we analyze its fundamentals and technical breakout potential. Fundamentals ✅ Strong Profit Growth – Net...
Bank Nifty ended the week at 55,354.90, registering a gain of 3.28%. Key Levels for the Upcoming Week 🔹 Price Action Pivot Zone: The critical range to monitor for potential trend reversals or continuation is 55,238 to 55,473 🔹 Support & Resistance Levels: Support Levels: S1: 54,886 S2: 54,418 S3: 53,921 Resistance Levels: R1: 55,828 R2: 56,300 R3:...
The Nifty 50 opened with a gap-up of 412.10 points (1.72%) and ended the week at 25,019.80 with a gain of (4.21%) If Nifty sustains below 24,941, selling pressure may increase. However, a move above 25,100, could restore bullish momentum. Key Levels for the Upcoming Week 🔹 Price Action Pivot Zone: The crucial range to watch for potential trend reversals or...
📊 Technical Analysis: Building Momentum Towards New Highs Wipro's stock has demonstrated a significant uptrend since the COVID-19 lows in April 2020, surging from ₹100 to an all-time high of ₹360 by October 2021. Following this peak, the stock underwent a substantial correction, retracing nearly 50% to reach the ₹180 level. This zone has since acted as a robust...
Key Levels & Technical Overview Resistance / Break of Structure (BOS): ₹1,189 (since March 25, 2025) Downside correction of 132 points (~11%) from this level Price reversed after consolidation in the range ₹1,059 to ₹1,116 Demand Zone: ₹1,059 to ₹1,102 Formed by recent swing lows and order block post April 21, 2025 Acts as a strong support zone...
Entry Plan Entry Price: Around current price (~₹2,750) Stop Loss (SL): ₹2,530 (Below the key support zone, protecting downside) Targets First Target: ₹2,958 (Current 52-week high resistance level) Next Target: ₹3,340 (Medium-term upside target based on momentum and analyst projections) Technical Reasons Double Bottom at ₹2,218: This is a...
Key Projections: Target 1: 82.83 This is the final price target. According to your analysis, once the price clears the 72.10 level with sustained movement, the next major target is 82.83. Primary Short Target & Confirmation for Target 2: 72.10 72.10 is a crucial level. If the price breaks above 72.10 and closes above it on a daily chart, the market...
1. Cause: Capital Adequacy Boost via ₹25,000 Cr Fundraising (May 2025) Effect: Strengthened lending capacity + institutional confidence Price Action: Institutional investors view this as a sign of growth readiness. Stock may break past ₹900–₹920 resistance, heading to ₹980+ once fundraising is completed or oversubscribed. 📅 Expected Impact Window:...
Projection: Current Market Price (CMP): ₹2,902 Break of Structure (BOS): ₹2,964 Minor Target: ₹3,172 Target 2: ₹3,885 (if 3,172 breaks) Primary Stop Loss (SL): ₹2,500 Major SL: ₹2,424 Recent Developments Impacting MDL 1. Government Stake Sale: The Indian government plans to divest up to 4.83% of its stake in MDL, offering shares at a floor price of...
Entry: Enter long now or on a confirmed close above ₹2,970 (breakout of structure level). Target T1: ₹3,100 - Short-term momentum & minor resistance T2: ₹3,250 - Swing projection from base (₹2,600–₹2,970 range) T3: ₹3,481 - Marked resistance/target zone on chart Tight SL *₹2,870 - Just below breakout candle Safe SL *₹2,600 - Below FVG & primary...
📈 Technical View: Turning Point Nearing for SBI Cards Since its IPO in March 2020, SBI Cards showcased robust growth, touching an all-time high of ₹1,165. However, from August 2021, the stock entered a descending triangle pattern, forming lower highs and finding strong demand around ₹670–₹720. This pattern persisted for nearly three years. In January 2025, the...
Wyckoff Projection Summary (CMP ₹2,240) Bullish Projection Method: Wyckoff Accumulation – Phase D to E (Markup) Input Signals: Breakout above ₹2,218 (BOS for Automatic Rally) Retest of ₹2,248 (Strong Resistance) Volume expansion & higher lows Projection Steps: ₹2,248 – Retest zone (Breakout confirmation) ₹2,522 – First Target & BOS Minor...
The Nifty 50 opened with a gap-up of 30.95 points (0.13%) and ended the week at 24,346.70 with a gain of (1.28%) If Nifty sustains below 24,369, selling pressure may increase. However, a move above 24,426, could restore bullish momentum. Key Levels for the Upcoming Week 🔹 Price Action Pivot Zone: The crucial range to watch for potential trend reversals or...