KALYAN JEWELLERS! SHORT!! TRENDLINE BREAKOUT NSE:KALYANKJIL !! It's a good time to short around its all-time high, considering the current market conditions.
Entry: 715 (Buy PE: 700)
Target: Open/Mentioned
Stop Loss: @ 740
Let me know your thoughts on my analysis. Follow for more stock recommendations.
Analysis
Bank nifty Analysis for upcoming monthAfter analyzing the Bank Nifty charts, I am expecting a 10% fall in the index, as there are clear signs of a breakdown on the weekly and monthly timeframes. Here are the details of the analysis:
Key Observations:
1. **Support Levels:**
- Immediate support lies in the 47,000-48,000 range.
- Once these levels are broken, the next key support levels are around 43,300-44,000, indicating a potential 10% decline from the current levels.
2. **Price and Volume Analysis:**
- Volume analysis aligns with the price action, highlighting 44,000 as a strong support zone.
- A triple top chart pattern is visible on higher timeframes, which is a bearish reversal pattern, further supporting the bearish outlook.
3. **Macro-Economic Factors:**
- Weak Q3 results from companies may act as a catalyst for the decline.
- The Indian Rupee has shown signs of weakness, adding pressure on the banking sector.
4. **Foreign Money Outflow:**
- Continued sell-off due to foreign institutional investor (FII) outflows could further exacerbate the downtrend.
Important Note:
This analysis is purely for **educational purposes only** and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
Gold silver Outlook next week Our Spot #Gold Range Prediction from 13/01/2025 to 18/01/2025 is as under.
Gold Spot :2605$-2710$
Gold INR : 76200-78800
Our Spot #Silver Range prediction from 13/01/2025 to 18/01/2025 is as under.
Silver Spot: 28.30$-30.80$
Silver INR: 86450-92900
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
EIEL - long!EIEl - Enviro Infra Engineers Ltd
Company engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities.
It has retraced 100% and is ready for the up move anytime.
Disclaimer -
1- I am not a Financial Advisor
2- This is only for educational purpose.
3- I am not responsible for any of your trades .
4- Your profits or loss are not my responsibility its on your own risk completely .
5- I simply share my views towards Market , So before taking trade consult your personal Financial Advisor .
XAUUSD Analysis For TFF TRADERSSelling zone - 2619.9
Next selling Zone - 2633.1
Last Selling zone - 2644.9 to 2651.9
------------------------------------------
Scalping trade 30-50 pips 2609.3 to 2612.5 zone buy
****** I Am Not Financial Adviser ******
A+ Buying Zone 2600 to 2603
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Nifty 50 - Portfolio Colour similar to color of Christmas?Year endings have historically been famous for a big correction and 2024 is no different.
As I had mentioned in my previous idea, 23900, 23300 are crucial support to Nifty and 24300, 24800 are strong resistances
We had seen a good bounce from 23300 to 24780 and then a good fall once 24300 was broken again.
23200-23300 will be a key level to understand next trend for Nifty.
As we can see, there is a confluence of trendlines and demand zone around 23200.
If we see a bear trap forming at this zone, one can expect 25000+ levels in January 2025.
But if 23200 is broken, bloodbath may continue till budget with next key support zones being 22700, 22000, 21500.
Market is going to be volatile as we are going to see a change in lot size of Nifty 50 from new year.
It is better to be sector specific for swing trading.
lean how to trade with RSIThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100.
Database TradingEvery trader and investor asks, “Where is the overall market (or a specific security price) headed?” Several methodologies, intensive calculations, and analytical tools are used to predict the next direction of the overall market or of a specific security. Options market data can provide meaningful insights on the price movements of the underlying security. We look at how specific data points pertaining to options market can be used to predict future direction.
Typically a trading dataset will provide information about trades that are made over the course of the day. This includes various different details about the trades, such as the bid, bid size and ask size. This information is known as quote data.
silver Divergence TradingTrend lines are among the most accurate buy and sell indicators, along with simple moving average, stochastic, moving average convergence divergence, and relative strength index being the top trading indicators that help traders analyze the market signals effectively.
The best divergence indicators mt4 are MACD, RSI, stochastic, OA. They are user-friendly and simple but provide quite accurate trading signals. You can learn more about stochastic oscillator trading forex in the article Stochastic Oscillator: guide for using indicator in Forex trading.
ntpc green great opportunity fundamental analysis NSE:NTPCGREEN
conclusion:
NTPC Green is a stock with high growth potential
With increasing investments in the renewable energy sector
and government support, this company can perform quite cmp:144.13
well in the future. Current pe: 352
Price to sales:61.9
Roe:6.20
Roce:7.60
You can see that the company's various ratios indicate that it is significantly overvalued compared to its peers in the sector
We can see that the company's P/E ratio is very high and the price-to-sales ratio is 61.9, which is abnormal
We can assume that the company has high growth potential and is backed by a strong parent company. However, the current market valuation seems to be anticipating future earnings
"Additionally, we can see that the company's ROE and ROCE are quite low. This could be due to factors like heavy capital expenditure or a debt burden. However, the situation might improve in the future, and we could see the company's ROE and ROCE grow."
"Yes, the company has high growth potential, but a valuation of 1.23 lakh crore for a company with 4000 crore rupees in revenue doesn't seem justified. However, due to its high growth potential, NTPC Green has received such a high valuation."
Strength Index (RSI) IndicatorThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security.
The RSI is helpful for market participants in identifying trends. In a strong uptrend, the RSI typically stays between 40 and 90, with the 40-50 range acting as support. In a strong downtrend, the RSI ranges from 10 to 60, with the 50-60 range serving as resistance.
Technical analysis MACD tradingMoving average convergence/divergence (MACD) is a technical indicator to help investors identify entry points for buying or selling. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The signal line is a nine-period EMA of the MACD line.
Kiriindus Fundamental -
Company sale & eps growth stable from last 2 quarter,
Also promotors bought, increase stake from 26 to 31% current last quarter
Fii sell from last 2 quarter
Dii bought from last 2 quarter
Stock PE look affordable trading at 12PE
Technically Stock create high tight flag , sustain above ema's,
550 below maybe weakness start.
Causes -
MARKET BREATH IS LOOK OVERBOUGHT, IF ANY CORRECTION SHOW IN INDEX THEN MAYBE STOCK RETEST 574 area .
- ALSO STOCK CURRENTLY TRADING AT NEAR STRONG RESISTANCE ATH,
Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
Option Database TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
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For instance, consider buying a call option for 100 shares of Company X at a strike price of Rs. 110, with an expiry on December 1. If, on December 1, Company X shares trade above Rs. 110, you can exercise the option, buying shares at a lower price to profit from the market price.
Professional option TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
TradingHow do I start trading knowledge?
Here's how to do it:
Consulting A Stock Exchange Broker. ...
Read Financial Research And Articles. ...
Read Books On The Share Market. ...
Attending Lectures, Classes, Seminars. ...
Monitor The Market And Analyze It. ...
Studying The Ways Of Other Successful Investors. ...
Identify And Analyze Your Risks. ...
Reduce Costs.
Risky investments and short-term trading are often likened to gambling. But there is a difference between taking a calculated risk and simply rolling the dice. The appeal of high-risk, speculative investments is obvious. You have the chance of large, even life-changing potential returns.
Database TradingWhen you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
Trading indicators Trading indicators are mathematical formulas that give you a way to plot information on a price chart. This information can be used to identify possible signals, trends, and shifts in momentum. In simple terms, trading indicators can highlight when something might be happening.
Learn how to understand the concept of a stock trading indicator, how it affects your trading results and how to use to your benefit during day trading!
Volume Weighted Average Price (VWAP) ...
Bollinger Bands Trading Indicator. ...
Moving Average Convergence Divergence (MACD) ...
Fibonacci Trading Indicator. ...
Pivot Points.
Advanced PCR (Put call Ratio) The Put Call Ratio (PCR) is a tool in the stock market to understand how investors feel about a stock or the market's future. It compares the number of put options to call options traded. More puts traded mean investors expect prices to fall (bearish). More calls traded mean investors expect prices to rise (bullish).
High PCR (> 1) - This indicates more put options are being traded than call options, suggesting a bearish sentiment, and traders expect the market to go down. Low PCR (< 1) - This indicates more call options are being traded than put options, suggesting a bullish sentiment, and traders expect the market to go up.
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There is virtually no limit to the profit potential of technical analysis. Profitability within the discipline largely depends on the trader's expertise, adherence to tried and tested strategies, and the amount of risk undertaken and capital employed by the trader.