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SINDHUTRAD Price ActionSindhu Trade Links Ltd (SINDHUTRAD) closed today at ₹28.25, registering a gain of 4.4%. The stock traded between ₹26.62 and ₹29.38 during the session, with an opening at ₹27.40. Trading volume was strong, showing 6.2 million shares exchanged, above its average daily volume. SINDHUTRAD is currently in an upward trajectory, outperforming its 50-day and 200-day averages, which stand at ₹26.29 and ₹22.36 respectively. The price is still some distance below its 52-week high of ₹39.29 but has rebounded significantly from a low of ₹13.00 this year. Technically, momentum is positive and short-term bullish, supported by higher trading turnover and sentiment. On the valuation front, the current price-to-earnings ratio is 235.4, indicating aggressive pricing and high expectations for future growth, but it is also a warning for possible volatility if earnings do not improve. Market capitalization stands at ₹4,356 crore. Immediate support is observed near ₹26, while resistance is at ₹29.50, today’s high. Sustained moves above resistance could trigger further upside, while a reversal below support may lead to consolidation or profit booking. Overall, the trend remains favorable, with upward bias, as long as price holds above key support zones.
NSE:SINDHUTRADLong
by KamalKJoshi
NATIONALUM Price ActionNational Aluminium Company Ltd (NATIONALUM) closed today at ₹213.87. The stock rallied strongly, rising nearly 5% during the session and trading in a range between ₹204.20 and ₹215.40. Today’s large volume signals solid investor participation and bullish momentum, while the price sits near the upper end of the daily band. Technically, NATIONALUM remains in a clear short-term uptrend, outperforming its sector with recent moving average crossovers strengthening the bullish case. The key support is now located near ₹204, which was today’s low, and resistance lies at ₹224—the stock’s upper circuit limit. Momentum indicators are in positive territory, reflecting strong buying interest, but short-term traders should be aware that overbought readings could invite some consolidation or profit booking. On the fundamental side, the company’s financials show robust quarterly revenue and profit growth, with strong operating margins and minimal debt. As a major aluminum producer, NATIONALUM benefits from stable commodity prices and high export demand. Overall sentiment is upbeat, suggesting potential for further gains if market conditions remain supportive and the company sustains its operational efficiency.
NSE:NATIONALUMLong
by KamalKJoshi
Sensex Structure Analysis & Trade Plan: 1st OctoberThe market is firmly in a strong bearish trend, but the close at a pivotal support suggests extreme volatility today due to the RBI MPC outcome. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Sensex is in an accelerated corrective phase, trading within a steep descending channel. The price is positioned right on the strong macro demand zone of 80,200 - 80,400. This area is a key Bullish Order Block (OB) and the base of the previous significant rally. The recent candle shows a pullback, followed by consolidation at this level. Key Levels: Major Supply (Resistance): 81,000 - 81,200. This area is the key overhead resistance, aligned with the upper boundary of the descending channel and a short-term FVG (Fair Value Gap). Major Demand (Support): 80,200 - 80,400. This is the crucial "line in the sand." A sustained breakdown below 80,200 would trigger a deeper correction toward 79,500 - 79,700. Outlook: The market is at an inflection point ahead of the RBI MPC outcome. A failure to hold this support is likely to lead to aggressive selling. 1-Hour Chart (Intermediate View) Structure: The 1H chart is strongly bearish, confined to a descending channel. The market is consolidating right at the 80,400 support, with the price action forming a tight range. This suggests indecision as the market awaits the major news event. Key Levels: Immediate Resistance: 80,800 (The recent swing high and short-term FVG). Immediate Support: 80,200. 15-Minute Chart (Intraday View) Structure: The 15M chart shows tight consolidation. Price action on Tuesday was mostly sideways, characterized by small wicks and overlapping candles. The presence of Sell-side Liquidity below the recent lows suggests the market may attempt to sweep this level before any move up. Key Levels: Intraday Supply: 80,600. This is the immediate consolidation resistance. Intraday Demand: 80,200 - 80,300. The crucial support zone. Outlook: Neutral, highly sensitive to the RBI announcement. Trade Plan (Wednesday, 1st October) Market Outlook: Extreme caution is advised due to the RBI MPC outcome at 10 AM IST. The market's move today will be largely event-driven. The plan should be reactive to the post-announcement volatility. Bearish Scenario (Primary Plan) Justification: The continuation of the steep bearish trend, likely triggered by a hawkish pause from the RBI or a sustained move below the support. Entry: Short entry on a decisive break and 15-minute candle close below 80,200. Stop Loss (SL): Place a stop loss above 80,400. Targets: T1: 80,000 (Psychological support). T2: 79,700 (Next major demand zone). Bullish Scenario (Counter-Trend/Reversal Plan) Justification: A strong short-covering rally, possibly triggered by a "dovish pause" or a surprise rate cut from the RBI. Trigger: A sustained move and close above the resistance at 80,800. Entry: Long entry on a confirmed 15-minute close above 80,800. Stop Loss (SL): Below 80,600. Targets: T1: 81,200 (Upper channel resistance). T2: 81,600 (Major supply zone). Key Levels for Observation: Immediate Decision Point: The 80,200 - 80,800 zone. Bearish Confirmation: A break and sustained move below 80,200. Bullish Confirmation: A recapture of the 80,800 level. Crucial Event: RBI MPC outcome at 10 AM IST. Trade small quantities or wait until the market absorbs the news. Line in the Sand: 80,200. Below this, sellers are in control.
BSE:SENSEXShort
by BhardwajVipin
Banknifty Structure Analysis & Trade Plan: 1st OctoberBank Nifty continued its short-term downtrend but managed to stabilize by closing in a tight, consolidating range. The market is now sitting directly beneath a critical resistance zone, and all eyes are on the RBI MPC outcome today. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is in a sharp corrective phase, having broken the ascending channel and making lower highs and lower lows. The current price is right below the immediate resistance at 54,750 - 54,850. The strong red candle on the 4H chart indicates that the bears are dominating the longer timeframe structure. Key Levels: Major Supply (Resistance): 54,750 - 54,850. This area is a crucial overhead supply, aligning with the FVG (Fair Value Gap) and a prior horizontal swing high. Major Demand (Support): 54,250 - 54,400. This is the key "line in the sand" where the market has shown a strong tendency to reverse. A break below 54,250 would accelerate the decline toward 53,500. Outlook: The bearish pressure is intense, but the market is consolidating right near a key breakdown point. Volatility is expected due to the RBI announcement. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows the Bank Nifty trading in a tight, descending channel, with a clear structure of lower highs. Monday and Tuesday's price action formed a small flag/pennant consolidation pattern, typically seen before a continuation of the prior trend (down). Key Levels: Immediate Resistance: 54,750 (Upper trendline and the bottom of the previous FVG zone). Immediate Support: 54,450 (The low of the recent consolidation). 15-Minute Chart (Intraday View) Structure: The 15M chart shows a tight, sideways-to-upward consolidation on Tuesday, marked by a Market Structure Shift (MSS) on the upside on the intraday scale. This small recovery suggests the market is attempting a technical bounce. Key Levels: Intraday Supply: 54,750 - 54,850. Breaking this zone will lead to a sharp move. Intraday Demand: 54,500. The immediate support level. Outlook: Neutral, awaiting the breakout. Trade Plan (Wednesday, 1st October) Market Outlook: The market is expected to be highly volatile due to the RBI MPC outcome scheduled for today. The plan must focus on exploiting the directional move that follows the announcement. Bullish Scenario (Bounce/Reversal Plan) Justification: A sustained move above the overhead resistance, likely triggered by a "dovish" stance or rate cut from the RBI. Entry: Long entry on a decisive break and 15-minute candle close above 54,850 (breaking the FVG and Order Block). Stop Loss (SL): Below 54,600. Targets: T1: 55,000 (Psychological resistance). T2: 55,250 (Previous swing low/resistance). T3: 55,400 (Upper channel resistance). Bearish Scenario (Continuation Plan) Justification: The continuation of the strong bearish trend, possibly due to a hawkish pause from the RBI or weak global cues. Entry: Short entry on a decisive break and 15-minute candle close below 54,450. Stop Loss (SL): Place a stop loss above 54,650. Targets: T1: 54,250 (Major support zone). T2: 53,750 - 53,500 (Next major demand zone). Key Levels for Observation: Immediate Decision Point: The 54,450 - 54,850 zone. Bearish Confirmation: A break and sustained move below 54,450. Bullish Confirmation: A recapture of the 54,850 level. Crucial Event: RBI MPC outcome. Trade small quantities or wait until the volatility subsides after the announcement. Line in the Sand: 54,250.
NSE:BANKNIFTYShort
by BhardwajVipin
Nifty Structure Analysis & Trade Plan: 1st OctoberNifty has continued to be dominated by bears, extending its losing streak for an eighth consecutive session. The index is holding barely above its most critical near-term support. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Nifty is firmly in a deep corrective phase, trading within a steep descending channel. The index is positioned right on the crucial 24,600 - 24,700 macro demand zone, which must hold to prevent a major breakdown. The failure to find a strong bounce on Monday and Tuesday confirms the strength of the bearish momentum. Key Levels: Major Supply (Resistance): 24,800 - 24,900. This area, which includes a prior FVG (Fair Value Gap), is the immediate overhead resistance. Major Demand (Support): 24,600. This is the key "line in the sand." A decisive break below 24,600 would signal a deeper correction toward the next significant support at 24,400. Outlook: The market is at an inflection point ahead of the RBI policy outcome (scheduled for Wednesday, October 1). The extreme selling pressure may lead to volatility, but the overall trend remains "sell on rise." 1-Hour Chart (Intermediate View) Structure: The 1H chart is strongly bearish, with price action confined to a descending channel. The market is consolidating at the very bottom of the channel and the horizontal support, indicating a strong defense by bulls but limited recovery power. Key Levels: Immediate Resistance: The upper trendline of the descending channel, near 24,750. Immediate Support: 24,600. 15-Minute Chart (Intraday View) Structure: The 15M chart shows clear consolidation in a tight range, characterized by a series of BOS (Break of Structure) to the downside, followed by weak, shallow pullbacks. The index is testing the lower boundaries of the range. Key Levels: Intraday Supply: 24,700 - 24,750. This area is the immediate high of the recent consolidation. Intraday Demand: 24,600. The crucial support for the open. Outlook: The primary direction is still bearish. The strategy will be to play the move out of the tight range. Trade Plan (Wednesday, 1st October) Market Outlook: Caution is advised due to the RBI Monetary Policy Committee (MPC) outcome scheduled for today. Expect high volatility, especially around the announcement. The plan focuses on the break of the immediate range. Bearish Scenario (Primary Plan) Justification: The continuation of the strong bearish trend and a decisive break of the macro support. Entry: Short entry on a decisive break and 15-minute candle close below 24,600. Stop Loss (SL): Place a stop loss above 24,700. Targets: T1: 24,500 (Psychological support). T2: 24,400 (Next major demand zone / 200-day EMA support). Bullish Scenario (Counter-Trend/Reversal Plan) Justification: A short-covering rally, possibly triggered by a "dovish pause" in the RBI policy or positive global cues. Trigger: A sustained move and close above the immediate resistance at 24,750. Entry: Long entry on a confirmed 15-minute close above 24,750. Stop Loss (SL): Below 24,650. Targets: T1: 24,850 (Upper channel resistance). T2: 25,000 (Psychological resistance). Key Levels for Observation: Immediate Decision Point: The 24,600 - 24,750 zone. Bearish Confirmation: A break and sustained move below 24,600. Bullish Confirmation: A recapture of the 24,750 level. Crucial Event: RBI MPC outcome. Volatility is expected to peak around the announcement. Line in the Sand: 24,600. Below this, the sellers are in full control.
NSE:NIFTYShort
by BhardwajVipin
PRAENG Pyramid Set upPrajay Engineers Syndicate Ltd (PRAENG) traded mildly positive today, with prices fluctuating within a narrow range around ₹20. The stock continues its recovery from recent lows, showing incremental gains over the past few sessions. Short-term technical indicators suggest the price is trading above its 20-day moving average, signaling some regained bullish momentum, but the overall trend remains sideways. Momentum signals such as RSI are moderately positioned, indicating neither strong buying nor oversold conditions. Volume is stable but not exceptionally high, which points to limited participation and tempered volatility. Support for PRAENG is near ₹18, reflecting the base built over the last month; resistance appears at ₹22, where previous rallies have stalled. Fundamentally, the company has delivered modest improvement in sales and managed to reduce operational losses recently, but overall business and industry headwinds persist. The medium-term outlook stays neutral, with further upside possible if the stock can close above the ₹22 resistance zone on higher volume. Conversely, a drop below support may trigger another leg down in price.
NSE:PRAENGLong
by KamalKJoshi
TCS – Bearish Outlook Intact, But a Wave B Bounce in Play?Chart Structure (Weekly) TCS has been locked in a corrective decline since the 4592.25 peak. The latest fall into the historical support cluster (near 3056–2890) completed a five-wave structure within wave A. From here, a bounce toward wave B is possible, with resistance around 3350–3600. Bullish trigger: RSI shows a bullish divergence (price made a lower low, RSI made a higher low). Upside potential: A move towards the 3350 resistance zone. Downside risk: If support fails, the next major level sits near 2292 — aligning with a larger wave C. So the long-term outlook remains bearish, but a short-term bounce looks probable. Fundamental Headwind Adding to the technical picture, the looming H1-B visa fee hike is a structural negative for Indian IT companies. TCS, Infosys, and peers with heavy US revenue exposure could see margin pressure in the quarters ahead. This reinforces the larger bearish bias, making any bounce counter-trend in nature. Illustrative Option Play – Bull Call Spread For those looking to play the short-term bounce while limiting risk, one way is to structure a bull call spread: Buy 3000 CE (Oct Expiry) at ₹42.1 Sell 3040 CE (Oct Expiry) at ₹31.25 Lot size: 175 Net Cost: ₹1,899 Max Profit: ₹5,101 (~26%) Max Loss: ₹1,899 (~10%) Breakeven: 3011(4%) Reward/Risk: 2.7 (Note: Prices are as of EoB 29th September 2025. This is only an example to demonstrate risk-managed structures. Not a trade recommendation.) Summary Long-term: Bearish, with risk of a wave C drop toward 2292. Short-term: Bounce into wave B likely, targeting 3350–3600. Strategy: A bull call spread provides a clean, limited-risk way to play this bounce, while respecting the larger bearish setup. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:TCS
by WaveXplorer
BTC Long Setup – Black Line Reclaim & Demand Zone BounceBTC reached the green demand zone after the decline from 116,700. Price stabilized near the black trend line (~112,000) – key bullish reclaim trigger. Trade Details (Educational) Entry (Long): Near black trend line (~112,000) after confirmation of demand. Stop Loss: Below green demand zone (~111,100). Targets: Recovery toward 113,900 → 114,300 supply zone. Takeaways 1️⃣ Clear reclaim or confirmation needed before switching bias. 2️⃣ Combining major demand zone with trend line reclaim can signal a high-probability long setup. 3️⃣ Structure-based reversals possible even after a downtrend. ⚠️ Educational content only – not financial advice.
by abhinav13singh13
Sensex Structure Analysis & Trade Plan: 30th SeptemberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Sensex is in an accelerated corrective phase, trading within a steep descending channel. The price broke below the 81,800 and 81,000 supports and is now testing the key macro demand zone around 80,400 - 80,600. This area is a significant Bullish Order Block (OB) and a vital horizontal support. Key Levels: Major Supply (Resistance): 81,000 - 81,200. This previous support is now the crucial overhead resistance, aligning with the upper boundary of the descending channel. Major Demand (Support): 80,400 - 80,600. This is the key "line in the sand." A sustained breakdown below 80,300 would signal a deeper correction toward 79,500. Outlook: The bearish pressure has paused, and the market is attempting to stabilize at a key support. This indicates a potential range-bound trade or a technical bounce. 1-Hour Chart (Intermediate View) Structure: The 1H chart is strongly bearish, confined to a descending channel. Monday's session saw the price attempt to break below the lower trendline of the channel but failed, resulting in a Doji-like or consolidation candle right on the 80,400 support. This suggests buyers are defending this area. Key Levels: Immediate Resistance: The upper trendline of the descending channel, currently near 80,750 - 80,800. Immediate Support: 80,300. This is the lower boundary of the current demand zone. 15-Minute Chart (Intraday View) Structure: The 15M chart shows clear consolidation, marked by a tight, sideways movement following the initial morning move. The price made a BOS on the downside but quickly recovered, and is now trading around a minor Order Block (OB) and FVG (Fair Value Gap). Key Levels: Intraday Supply: 80,800. This is the high of the recent small consolidation and the immediate resistance. Intraday Demand: 80,300. The crucial support for the open. Outlook: Neutral-to-Bullish for the session open, focused on a breakout from the tight consolidation. Trade Plan (Tuesday, 30th September) Market Outlook: Sensex is at a major support level. The strategy is to be reactive, waiting for a break of the tight consolidation boundaries. Bullish Scenario (Reversal/Bounce Plan) Justification: The strong defense of the 80,400 support and the recovery from the day's low suggest a potential short-covering rally. Entry: Long entry on a decisive break and 15-minute candle close above 80,800 (breaking the recent consolidation high). Stop Loss (SL): Below 80,400. Targets: T1: 81,000 (Psychological/Channel Resistance). T2: 81,200 (Previous support/FVG zone). T3: 81,600 (Major supply zone). Bearish Scenario (Continuation Plan) Justification: The continuation of the strong bearish trend following the breakdown of previous structure. Entry: Short entry on a decisive break and 15-minute candle close below 80,300. Stop Loss (SL): Place a stop loss above 80,550. Targets: T1: 80,000 (Psychological support). T2: 79,500 - 79,700 (Major 4H demand zone). Key Levels for Observation: Immediate Decision Point: The 80,300 - 80,800 zone. Bearish Confirmation: A break and sustained move below 80,300. Bullish Confirmation: A recapture of the 80,800 level. Line in the Sand: 80,300. The market remains under strong bearish pressure below this level.
BSE:SENSEXShort
by BhardwajVipin
Banknifty Structure Analysis & Trade Plan: 30th SeptemberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is in an accelerated corrective phase, trading below a clear descending channel. The price broke major support but found powerful buying interest at the 54,250 - 54,350 zone. This area is a key Bullish Order Block (OB) and a strong horizontal support. Key Levels: Major Supply (Resistance): 54,750 - 54,850. This area is now the immediate and most critical resistance, aligning with the FVG (Fair Value Gap) and a prior broken support. Major Demand (Support): 54,250 - 54,350. This is the key "line in the sand." A sustained break below 54,250 would signal a deeper correction toward 53,500. Outlook: The trend is strongly bearish, but the fierce defense of 54,250 on Monday suggests a temporary bottom may be in place. 1-Hour Chart (Intermediate View) Structure: The 1H chart is bearish, confined to a descending channel. The market made a sharp move down, followed by a strong recovery, printing a large wick that penetrated the 54,250 demand zone. The strong rejection of lower prices indicates heavy buying. Key Levels: Immediate Resistance: The upper boundary of the descending channel, currently near 54,700. Immediate Support: 54,250. 15-Minute Chart (Intraday View) Structure: The 15M chart shows clear consolidation, forming a small bullish flag or pennant after the sharp recovery. The price is trading above the intraday FVG, which suggests a mild bullish bias for the short-term breakout. Key Levels: Intraday Supply: 54,750. This is the high of the recent consolidation and aligns with the major resistance. Intraday Demand: 54,350. The immediate support level that must be defended. Outlook: Neutral-to-Bullish for the session open, focused on a break of the tight consolidation. Trade Plan (Tuesday, 30th September) Market Outlook: The Bank Nifty is at a major support level. The strategy should be reactive, focusing on a breakout from the tight consolidation, with a strong emphasis on the 54,750 resistance. Bullish Scenario (Bounce/Reversal Plan) Justification: The strong defense of the 54,250 macro support and the tight consolidation pattern suggest buyers are ready for a counter-trend move. Entry: Long entry on a decisive break and 15-minute candle close above 54,750 (breaking the resistance/FVG zone). Stop Loss (SL): Below 54,500. Targets: T1: 55,000 (Psychological resistance). T2: 55,250 (Major Order Block/Supply). Bearish Scenario (Continuation Plan) Justification: The continuation of the strong bearish trend, with the breakdown of the major support. Entry: Short entry on a decisive break and 15-minute candle close below 54,250. Stop Loss (SL): Place a stop loss above 54,450. Targets: T1: 54,000 (Psychological support). T2: 53,500 - 53,750 (Next major demand zone). Key Levels for Observation: Immediate Decision Point: The 54,350 - 54,750 zone. Bearish Confirmation: A break and sustained move below 54,250. Bullish Confirmation: A recapture of the 54,750 level. Line in the Sand: 54,250. The overall bullish structure remains intact only if this level holds.
NSE:BANKNIFTYShort
by BhardwajVipin
Nifty Structure Analysis & Trade Plan: 30th September4-Hour Chart (Macro Trend) Structure: The Nifty is deep in a corrective phase, having broken the major 25,050 - 25,100 demand zone. The price is now trading at the lower boundary of a steep descending channel and sitting on a key demand zone at 24,600 - 24,700. Key Levels: Major Supply (Resistance): 25,000 - 25,100. This previous support is now a crucial overhead supply. Major Demand (Support): 24,600 - 24,700. This is the key "line in the sand" for the medium-term rally. Below this, the next major support is near 24,400. Outlook: The selling pressure has paused at a critical level. A failure to bounce convincingly from here will lead to the next sharp leg down. 1-Hour Chart (Intermediate View) Structure: The 1H chart is strongly bearish, confined to a descending channel, with a clear sequence of lower highs and lower lows. The market closed right on the lower boundary of the demand zone. Key Levels: Immediate Resistance: The upper trendline of the descending channel, near 24,800. Immediate Support: 24,600. This level must hold. 15-Minute Chart (Intraday View) Structure: The 15M chart shows consolidation near the low, confirming a temporary pause in selling. Price is attempting to stabilize after breaking the 24,750 support and has taken liquidity below a recent low. Key Levels: Intraday Supply: 24,800. A key short-term resistance. Intraday Demand: 24,600. The crucial support for the open. Outlook: Bearish-to-Neutral. The primary direction is still bearish, but a bounce is possible from the strong support. Trade Plan (Tuesday, 30th September) Market Outlook: The Nifty is at a major support level. The strategy is to be reactive to a break of the consolidation boundaries. Bearish Scenario (Primary Plan) Justification: A continuation of the strong bearish trend following the break of major supports. Entry: Short entry on a decisive break and 15-minute candle close below 24,600. Stop Loss (SL): Place a stop loss above 24,700. Targets: T1: 24,500 (Minor psychological support). T2: 24,400 (Next major demand zone). Bullish Scenario (Counter-Trend/Reversal Plan) Justification: Relies on the strong demand zone at 24,600 - 24,700 initiating a bounce. Trigger: A sustained move and close above the immediate resistance at 24,800. Entry: Long entry on a confirmed 15-minute close above 24,800. Stop Loss (SL): Below 24,700. Targets: T1: 25,000 (Psychological resistance). T2: 25,100 (Major supply zone). Key Levels for Observation: Immediate Decision Point: The 24,600 - 24,800 range. Bearish Confirmation: A break and sustained move below 24,600. Bullish Confirmation: A recapture of the 24,800 level. Line in the Sand: 24,600.
NSE:NIFTYShort
by BhardwajVipin
ICICI Bank: Resistance Turned Support Powers Next Rally🔍 Technical Analysis ICICI Bank showcases another remarkable wealth creation story spanning over two decades. The stock has delivered an extraordinary super bullish rally, transforming from ₹40 to the current trading level of ₹1,351 - representing an impressive 33.8x growth over 20+ years. The ₹1,345-₹1,365 zone has historically acted as a strong resistance, tested multiple times. However, with the confirmation of strong FY25 results, the stock decisively broke out from this resistance zone and created a new all-time high at ₹1,500. Following the breakout peak, the stock witnessed a sudden fall and is now trading back in the same zone at current market price of ₹1,351. This presents a critical juncture - if the earlier resistance zone transforms into support with bullish candlestick pattern confirmations, it could signal the next leg of the rally. Entry Strategy: Enter only on confirmation of ₹1,345-₹1,365 zone acting as support with bullish patterns. 🎯 Targets: Target 1: ₹1,400 Target 2: ₹1,450 Target 3: ₹1,500 🚫 Stop Losses: Critical Support: ₹1,200 (crucial demand zone) If ₹1,200 level doesn't sustain, no more expectations on this stock. 💰 FY25 Financial Highlights (vs FY24 & FY23) Total Income: ₹1,86,331 Cr (↑ +17% YoY from ₹1,59,516 Cr; ↑ +95% from FY23 ₹95,407 Cr) Total Expenses: ₹1,30,078 Cr (↑ +31% YoY from ₹99,560 Cr; ↑ +48% from FY23 ₹87,864 Cr) Financing Profit: ₹-32,775 Cr (Improved from ₹-14,152 Cr in FY24) Profit Before Tax: ₹72,854 Cr (↑ +21% YoY from ₹60,434 Cr; ↑ +58% from FY23 ₹46,256 Cr) Profit After Tax: ₹54,569 Cr (↑ +18% YoY from ₹46,081 Cr; ↑ +54% from FY23 ₹35,461 Cr) Diluted EPS: ₹71.65 (↑ +14% YoY from ₹63.02; ↑ +47% from FY23 ₹48.74) 🧠 Fundamental Highlights ICICI Bank delivered robust FY25 performance with 18% PAT growth to ₹54,569 crore, supported by strong 17% revenue growth. The bank announced Q4 FY25 net profit of ₹12,630 crore, marking 18% increase, and declared ₹11 per share dividend reflecting strong financial health. Market cap stands at ₹9,71,186 crore (up 4.06% in 1 year) with total revenue reaching ₹1,90,830 crore and profit of ₹56,563 crore. Stock is trading at 3.08 times its book value, indicating reasonable valuation for quality franchise. Asset quality continues to improve with gross NPA dropping to 1.97% in Q2FY25 from 2.48% in Q2FY24, while net NPA ratio remained healthy at 0.43% in Q1 FY25. This demonstrates effective risk management and strong credit discipline. The bank shows strength near key support zone of 1370-1390 on daily charts, with technical indicators suggesting potential diamond pattern formation around 1380-1400 range. Analysts expect stable net interest margins and continued momentum. Strong digital banking initiatives, expanding retail franchise, and consistent delivery of 14-18% profit growth across quarters validates the bank's operational excellence and market leadership position in private banking sector. ✅ Conclusion ICICI Bank's remarkable 20+ year journey from ₹40 to ₹1,500 all-time high, backed by strong FY25 fundamentals showing 18% PAT growth and ₹11 dividend, validates the sustained growth thesis. The critical ₹1,345-₹1,365 resistance-to-support transformation offers attractive entry opportunity for targeting ₹1,500 retest. Improving asset quality with 1.97% gross NPA, strong ROE profile, and digital transformation drive provide multiple growth catalysts. Key support at ₹1,200 provides risk management framework for this quality banking franchise.
NSE:ICICIBANKLong
by Rupesh_Chidharala
3
HDFC Bank: Three Decades of Excellence Continues🔍 Technical Analysis HDFC Bank represents one of the most remarkable wealth creation stories in Indian equity markets. The stock has delivered an extraordinary super bullish rally over three decades, transforming from ₹1 to the current trading level of ₹955 - representing an astounding 955x growth over 30 years. Currently, the stock is taking strong support in the ₹935-₹945 zone, which has acted as a crucial demand area. This support zone has been tested multiple times and held firm, indicating institutional accumulation at these levels. If the three-decade bullish rally continues from current support levels, the technical setup favors resumption of the uptrend. The stock is well-positioned for the next leg of growth from the established support zone. Entry Strategy: Accumulate in the ₹935-₹955 range with strong support confirmation. 🎯 Targets: Target 1: ₹980 Target 2: ₹1,000 Target 3: ₹1,020 🚫 Stop Losses: Minor Support: ₹850 (intermediate demand zone) Major Support: ₹650 (strong long-term support) If ₹650 level breaks down, no more expectations on this stock. 💰 FY25 Financial Highlights (vs FY24 & FY23) Total Income: ₹3,36,367 Cr (↑ +19% YoY from ₹2,83,649 Cr; ↑ +97% from FY23 ₹1,70,754 Cr) Total Expenses: ₹1,86,974 Cr (↑ +7% YoY from ₹1,74,196 Cr; ↑ +197% from FY23 ₹63,042 Cr) Financing Profit: ₹-34,501 Cr (Improved from ₹-44,685 Cr in FY24) Profit Before Tax: ₹96,242 Cr (↑ +26% YoY from ₹76,569 Cr; ↑ +57% from FY23 ₹61,498 Cr) Profit After Tax: ₹73,440 Cr (↑ +12% YoY from ₹65,446 Cr; ↑ +59% from FY23 ₹46,149 Cr) Diluted EPS: ₹46.26 (↑ +10% YoY from ₹42.16; ↑ +12% from FY23 ₹41.22) 🧠 Fundamental Highlights HDFC Bank delivered strong FY25 performance with consolidated PAT growing 12% YoY to ₹73,440 crore, supported by robust 19% revenue growth to ₹3,36,367 crore. The bank declared ₹22 dividend reflecting confidence in sustained profitability. Market cap stands at ₹14,51,630 crore (up 7.84% in 1 year) with stock trading at 2.77 times book value. Total revenue for FY25 reached ₹3,42,193 crore with profit of ₹73,343 crore, demonstrating consistent financial strength. Q4 FY25 standalone net profit grew 6.7% YoY to ₹17,616 crore, with net interest income (NII) increasing 10.3% YoY to ₹32,070 crore. Net interest margin (NIM) stood at 3.54% on total assets, reflecting stable spreads despite competitive environment. Asset quality remains robust with gross NPAs at 1.36% and net NPAs at 0.33% of net advances. Average deposits for Q4 FY25 grew 15.8% YoY to ₹25,280 billion, while CASA deposits grew 5.7% YoY to ₹8,289 billion, maintaining stable share in deposit mix. The bank is strategically managing its credit-deposit (CD) ratio and planning measured loan growth in FY26 to maintain balance sheet quality. Strong subsidiary performance and digital banking initiatives continue to drive franchise value. ✅ Conclusion HDFC Bank's remarkable 30-year journey from ₹1 to ₹955, backed by strong FY25 fundamentals showing 12% PAT growth and ₹22 dividend declaration, validates the long-term investment thesis. The ₹935-₹945 support zone offers attractive accumulation opportunity for targeting ₹1,020+ levels. Robust asset quality with 1.36% gross NPA, 15.8% deposit growth, and stable 3.54% NIM demonstrate operational excellence. The stock remains a core banking sector holding with multiple support levels providing risk management framework.
NSE:HDFCBANKLong
by Rupesh_Chidharala
BANKNIFTY 1D Time frameCurrent Level: ₹54,651 Opening Level: ₹54,460 Day’s Range: ₹54,366 – ₹54,686 🔑 Key Support & Resistance Immediate Support: ₹54,500 Immediate Resistance: ₹54,800 Pivot Point: ₹54,651 📈 Strategy (1D Timeframe) 1. Bullish Scenario Entry: Above ₹54,800 Stop-Loss: ₹54,500 Target: ₹55,100 → ₹55,300 2. Bearish Scenario Entry: Below ₹54,500 Stop-Loss: ₹54,800 Target: ₹54,300 → ₹54,100 ⚠️ Risk Management Limit risk to 1% of capital per trade. Always use stop-loss to protect against unexpected market moves. Watch sector news and broader market trends that can impact BANKNIFTY.
NSE:BANKNIFTYLong
by Knowledgehub
3
NIFTY 1D Time frameOpening Level: ₹24,691.10 Current Level: ₹24,765 Day's Range: ₹24,500 – ₹24,900 (approximate) 🔑 Key Support & Resistance Levels Immediate Support: ₹24,500 Immediate Resistance: ₹24,900 Pivot Point: ₹24,765 📊 Market Sentiment Trend: The NIFTY 50 has experienced a six-day losing streak, indicating bearish momentum. NDTV Profit Volume: Trading volume is higher than average, suggesting increased investor activity. 📈 Strategy (1D Timeframe) 1. Bullish Scenario Entry: Above ₹24,900 Stop-Loss: ₹24,500 Target: ₹25,100 → ₹25,300 2. Bearish Scenario Entry: Below ₹24,500 Stop-Loss: ₹24,900 Target: ₹24,300 → ₹24,100 ⚠️ Risk Management Limit risk to 1% of capital per trade. Always use stop-loss to protect against unexpected market movements. Monitor broader market trends and sector-specific news that may impact index performance.
NSE:NIFTYLong
by Knowledgehub
1
Bitcoin (BTCUSDT) – Bearish Setup Under ResistanceAfter the recent breakdown from 116,700 levels, BTC has been forming lower highs and consolidating in a range. The recovery towards 113,900 – 114,300 acted as a supply zone, leading to fresh selling pressure. Currently, BTC is facing resistance near 111,100–112,000, marked in red on the chart. Price action shows repeated rejection and inability to sustain above this zone. The structure is developing into a descending channel (blue projection), indicating continued bearish momentum. Trade Idea: As long as BTC remains below 111,200, sellers are in control. Expected price movement: gradual decline following the descending channel. Short-term support is at 109,000 – 108,200. Major downside target: 106,800. Plan: Entry Zone (Short): 110,800 – 111,200 Stop Loss: Above 112,100 Targets: 109,000 → 108,200 → 106,800 The bias remains bearish unless BTC reclaims 112,000+ with strong volume.
Short
by abhinav13singh13
3