Beyond Technical Analysis
Bank Nifty - Intraday Levels for 13.11.24Bank Nifty - Intraday Levels for 13.11.24
1. Bank Nifty hourly chart has reached its strong Fibonacci support level
2. 50800-600 could be the strong reversal zone
3. Overall market is trading within 52500-50400 zone for almost 2 months. Hence, its better to do Scalping kind of trades until this range gets broken.
4. Strick SL is a must as High volatility continues.
Premeier Energies - Excellent Results - Buy above 1145Excellent Results by Premier Energies
One can enter above 1145 for targets of 1125/1370/1500/1700 with SL of 1082.
Views invalid below 1145.
#PremierEnergies - Results Snapshot
Blockbuster Q2FY25
Highest ever set
Rev at 1527cr vs 693cr, Q1 at 1657cr
PBT at 275cr vs 70cr, Q1 at 245cr
Solid margin expansion YoY, decent QoQ
PAT at 206cr vs 52cr, Q1 at 198cr
OCF 845cr vs 35cr
Strong capex plans and order book 👏
Capex plans:
1 GW TopCon cell line by Q4FY25
Will start contributing in revenues.from Q1FY26
Management confident of sustaining margins at current level
4 GW Integrated TopCon cell and module facility
Module: Q4FY26
Cell: Q1FY27
1.2 GW cell manufacturing in US
FY28
2 GW wafer manufacturing
FY26 commisioning
36,000 T aluminium frame manufacturing
FY26
Orderbook: Strong
3860 MW
6233cr
Pipeline:
4250 MW
5738cr
Net debt free
D/ E at 0.55x
Q2FY25:
Rev at 1553cr vs 702cr⏫121%
Q1 at 1668cr
EBITDA at 407cr vs 107cr⏫280%
Q1 at 370cr⏫10% QoQ
OPM at 26% vs 13%
Q1 at 22%
PAT at 206cr vs 53cr⏫290%
Q1 at 196cr
Disclaimer : Educational Analysis and not a recommendation
BTC either side breakout big move expectedHello friends, while doing my daily btc live trading I just found that BTC is now trading in upper wedge channel.
As all time high psychology level 90k break expected good move up.
And if good profit booking comes then also trend will follow for some time.
So either side breakout we expect good move.
Trade with your risk to reward good probablity
With money management.
This is just my personal view not a buy sell advice.
Stay tune with me for more btc live updates subscribe follow comment and discuss.
Happy trading!
2008 breakout in PRIME SECURITIESPrime Securities Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 1,156.56 Crore) operating in Financial Services sector.
Prime Securities Ltd. key Products/Revenue Segments include Income From Merchant Banking for the year ending 31-Mar-2023.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 29.83 Crore, up 2.37 % from last quarter Total Income of Rs 29.14 Crore and up 93.70 % from last year same quarter Total Income of Rs 15.40 Crore. Company has reported net profit after tax of Rs 17.20 Crore in latest quarter.
Prime Sec Share Price Today is Rs. 342.75 as on 12 Nov, 2024, 11:44 AM IST. On previous day, the Prime Sec Share Price (NSE) closed at Rs. 332.8, featuring among the most traded securities on the National Stock Exchange.
Stock Forecast:
After showing 29.83 Cr. of sales and 2.37% of quarterly net profit, there have been multiple ups and downs in the Prime Sec stock prices in the past few weeks. For example, Prime Sec stock price on 4th of November 2024 was around Rs. 325.1. Prime Sec share price now stands at an average of Rs. 342.75. Judging by last week's performance, stock is in up trend.
Historical Prices and Performance:
Prime Sec, incorporated in 1982 is a Small Cap company (with a market cap of Rs. 1156.56) operating in Financial Services sector.
The Return of Equity (ROE) in last five financial years given by Prime Sec stock was 11.77%, 8.81%, 15.23%, 14.34% and 17.41% respectively.
The Prime Sec share gave a 3 year return of 177.02% as compared to Nifty 50 which gave a return of 35.07%.
Prime Sec announced 30.0% final dividend on November 22, 2007.
Key Metrics:
PE Ratio of Prime Sec is 28.72
Prices/Sales Ratio of Prime Sec is 9.83
Price/Book Ratio of Prime Sec is 7.09
Know this before you QUIT TRADINGTrading Myths Busted: The Truth Every Trader Needs to Know
If you've been trading (or thinking about it), you've probably heard these myths. Let’s set the record straight 👇
❌ Myth #1: "99% of Traders Lose Money"
🔍 Reality: It's not that 99% fail—it’s that 99% don't approach trading like a skill. The successful ones invest in learning, adapt to mistakes, and follow rules. Discipline wins over "luck" every time. Are you part of the 1% willing to put in the work?
❌ Myth #2: "Trading Is Just Gambling"
🔍 Reality: Gambling is pure chance. Trading, on the other hand, rewards research, patience, and skill. Successful traders work with data, not dice.
❌ Myth #3: "Only Big Players Can Win"
🔍 Reality: Start with what you have. Big wins are great, but successful traders know how to leverage any amount—even small—by sticking to sound risk management. Your account size doesn’t define your potential; your discipline does.
❌ Myth #4: "The Market Is Out to Get Me"
🔍 Reality: The market doesn’t care about you. It’s not “against” anyone—it just moves. Your job is to understand those moves, not fight them. Control your decisions, and let the rest play out.
💡 Final Truth: Trading is a Skill, Not a Game of Luck
Every trader starts somewhere, faces losses, and meets challenges. The difference? Those who succeed see losses as lessons, not defeats. Bust the myths, learn the process, and remember: trading isn’t for thrill—it’s for growth.
#TradingMyths #MarketMindset #TruthInTrading #TraderLife
swingHistorical Resistance Level: The horizontal blue line around the 70-72 INR mark appears to be a strong resistance level. The price previously reached this level around 2009 and again recently in 2024, indicating that this level is significant for traders.
Recent Price Action: After a prolonged downtrend, the stock formed a bottom and started to recover. The recent price movement shows a breakout attempt above the resistance level, with the current price at around 70 INR.
Trendline Breakout: The yellow line represents a downward trendline. The recent price action suggests that the stock may have broken out of this trendline, which could be an early signal of a potential trend reversal.
Volume Confirmation: While not shown, volume is crucial for confirming breakouts. If the breakout above the resistance level is supported by strong volume, it can be considered more reliable.
Next Levels: If the breakout holds, the stock may move towards higher resistance levels, likely around the 100 INR mark and possibly higher. However, if the breakout fails, the stock could retrace back to support levels, potentially near 50 INR.
This chart suggests a cautious bullish sentiment, provided the breakout is confirmed with volume and continued upward movement in the coming months.
naz shortA Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the right of the prior brick. An up brick is typically colored white or green, while a down brick is typically colored black or red.
MCX COPPER - TRADE ON SHORT SIDESymbol - COPPER1!
COPPER1! is currently trading at 854
I'm seeing a trading opportunity on sell side.
Shorting COPPER1! Futures at CMP 854
I will add more quantity at 860, If comes. Holding with SL 868
Targets I'm expecting are 837 & 817
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BTC All time high next resistanceDear Friends I'm following
and writing good articles on BTC While I am doing my btc live trading. I just found btc short term resistance using Fibonacci levels.
As this is just my only personal view.
You can trade accordingly.
To learn more stay tune follow me
subscribe and comment your opinion
Lets discuss traders
TATA MOTORS Price is at imp level
If closing sustains in weekly candle below 795 then it could dump more to the green flag marked on the chart or to the price 586 within 20th Jan 2025 or 17th Feb 2025
If closing in weekly candle sustains above 810 then could test 916 level or to the red trend line .
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Nifty - Intraday Levels for 12.11.24Nifty - Intraday Levels for 12.11.24
1. Fresh short is not advisable as NIFTY is near its key reversal zone
2. The main problem is every day, NIFTY is giving its push towards upside, but again and again Sell off is getting increased in the 2nd half.
3. Our view is, till 24700 it would be a SELL ON RISE market.
IPCALAB 1HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
IPCALAB Looking good for Downside..
When it break level 1558 and sustain.. it will go Downside...
SELL @ 1558
Target
1st 1548
2nd 1535
FNO
IPCALAB NOV FUT – LOT 6 (Qty-3900)
IPCALAB NOV 6200 PE – LOT 6 (Qty-3900) – PRICE (70.40)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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