Given the 33% decline from 6,050 to 4,035 in just 7 days, BSE Ltd is in a strong bearish trend. The upcoming price action will depend on key levels, consolidation phases, and possible retracements.
1. Slow & Consolidation Zone (Short-Term Accumulation)
Range: 4,299 – 4,439 (Bullish Order Block)
After a sharp drop, BSE Ltd could experience a temporary...
Craftsman Automation Ltd. is a leading engineering company with vertically integrated manufacturing capabilities. It operates in three key segments:
Automotive – Powertrain and Others (51% revenue share): Manufactures engine crankcases, cylinder heads, camshafts, transmission housings, and axle components for major OEMs.
Automotive – Aluminium Products (25%...
Technical Analysis:
IndiGo stock has been in an uninterrupted uptrend since ₹900, reaching ₹5,000 over time. The stock had been in a range-bound situation since early 2024, forming a symmetric triangle pattern marked by higher lows and lower highs.
On January 24, the company released its Q3 FY25 financial results, and the stock began to demonstrate gradual...
Technical Analysis:
After the announcement of Q3 FY25 financial results on January 30, the stock witnessed a two-day decline. However, on February 1 (Budget Day), the stock found strong support at ₹1135 and began appreciating. The most recent resistance was observed at ₹1430-₹1450. From February 17, over the past 15 days, the stock has been in a continuous...
Godrej Properties (GPL) shares may be in focus on Feb 27 after ₹1,000 crore sales at the launch of Godrej Evergreen Square in Pune.
Breakout Scenario (Bullish Projection)
A breakout above ₹2,244 (key resistance level) would indicate strength and could trigger an upward move.
Target 1: ₹2,336 (+6.63% from CMP)
Target 2: ₹2,427 (+10.69% from CMP)
Extended...
Current Market Price (CMP): ₹2,176.85
Major Trend: Bearish As on 03.03.2025
🔴 The overall trend remains negative, but we have identified key levels for both a counter-trend bullish move and trend continuation.
Bearish Trend Continuation Setup
Short Position Setup (Continuing the Downtrend)
Entry Zone: ₹2,199 - ₹2,245 (Bearish FVG Resistance)
Confirmation...
Weekly Recap:
The Bank Nifty closed the week at 48344.70, posting a decline of -1.30%.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial range to watch for potential reversals or trend continuation is 48,236 - 48,455
Support & Resistance Levels:
Support Levels:
S1: 47,907
S2: 47,470
S3: 46,956
Resistance Levels:
R1: 47,907
R2:...
Weekly Recap:
The Nifty 50 closed the week at 22,124.70, marking a significant decline of -2.94%. The bearish momentum dominated the market, pulling the index lower as selling pressure intensified.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial zone to watch for any potential reversals or trend continuation is between 22,054 - 22,198.
...
Abbott India Ltd (ABBOTINDIA) is nearing its breakout level of ₹31,100, with the current price at ₹30,395. A move above ₹31,100 could indicate a potential upward trend. Key levels to watch after the breakout are ₹31,300, ₹31,500, and ₹32,000.
Cholamandalam Investment and Fin Co Ltd (CHOLAFIN) is nearing its breakout level of ₹1,485, with the current trading price at ₹1,400. A move above ₹1,485 could indicate a potential upward trend. Key targets to monitor after the breakout are ₹1,500, ₹1,525, and ₹1,600.
Shriram Finance Ltd (SHRIRAMFIN) is nearing its breakout level of ₹660, with the stock currently priced at ₹617. A move above ₹660 could indicate a potential upward trend. Key levels to watch after the breakout are ₹680, ₹700, and ₹750.
Cholamandalam Financial Holdings Limited (CFHL), a prominent entity within the Murugappa Group, stands as a testament to India's dynamic financial services sector. Established in 1978, CFHL has evolved into a comprehensive investment company, holding significant stakes in various financial services and risk management enterprises.
Financial Performance
In the...
Chambal Fertilisers and Chemicals Ltd is close to hitting a breakout point at ₹575, with its current price at ₹564. If it pushes past ₹575, it could start climbing higher. The next possible levels to watch are ₹585, ₹595, and ₹625.
Vijaya Diagnostic Centre Ltd’s stock is getting close to a key level of ₹1,220, while it’s currently at ₹1,061. If it climbs past ₹1,220, it might show the stock’s ready to surge upward. Possible next stops could be ₹1,240, ₹1,280, and ₹1,300
Indian Hume Pipe Company Ltd is nearing its breakout level of ₹425, currently trading at ₹373. A breakout above ₹425 could initiate an uptrend, with potential targets at ₹440, ₹460, and ₹480.
Berger Paints India Ltd is approaching its breakout level of ₹520, currently trading at ₹502.85. A breakout beyond ₹520 may signal bullish momentum, with potential targets at ₹530, ₹545, and ₹565.
Weekly Recap:
The Bank Nifty closed the week at 48981, posting a decline of -0.24%.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial range to watch for potential reversals or trend continuation is 48,948 - 49,092
Support & Resistance Levels:
Support Levels:
S1: 48, 738
S2: 48,540
S3: 48,100
Resistance Levels:
R1: 49,248
R2: 49,426
R3:...
Weekly Recap:
The Nifty 50 closed the week at 22,795.90, marking a significant decline of -0.51%. The bearish momentum dominated the market, pulling the index lower as selling pressure intensified.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial zone to watch for any potential reversals or trend continuation is between 22,721 - 22821.
...
