COCHINSHIP IN (Cochin Shipyard) LongCSL is the largest shipbuilder and ship repairer in India
The company recently bagged a contract with Adani Ports and SEZ for the construction of eight tugboats worth about $54 million through its subsidiary Udupi Cochin Shipyard Limited
The conclusion of the Master Ship Repair Agreement (MSRA) with the US Navy for the repair of USNS ships opens up a significant new source of revenue
The company showed an impressive 38.51% YoY revenue growth in the last quarter, reaching INR 106.86 billion
From a technical perspective
-There was an ascending trend line
-Breakout up and then retest of the descending line.
-The correction is ending
-Expect a breakout of the resistance and an increase in quotes
Beyond Technical Analysis
ICICIBANK 1D Time frameCurrent Stock Price
Current Price: ₹1,421.60
Day’s Range: ₹1,420.00 – ₹1,426.10
52-Week Range: ₹1,186.00 – ₹1,500.00
Market Cap: ₹10.17 lakh crore
P/E Ratio (TTM): 18.01
EPS (TTM): ₹74.05
Dividend Yield: 0.77%
Book Value: ₹436.67
📈 Trend & Outlook
Short-Term Trend: Bullish; the stock is trading near its 52-week high, indicating strong investor confidence.
Resistance Levels: ₹1,426.10 (day’s high), ₹1,500.00 (52-week high).
Support Levels: ₹1,420.00 (day’s low), ₹1,400.00 (psychological support).
Investor Sentiment: Positive, with strong institutional interest and favorable analyst outlooks.
🧭 Analyst Insights
Valuation: The stock is trading at a P/E ratio of 18.01, which is slightly below the sector average of 19.82, suggesting potential value.
Growth Prospects: The bank's strong earnings growth and robust capital position support its premium valuation.
USDCAD Scalping the 1.3740-1.3720 Decision Zone USDCAD at make-or-break support (1.3740–1.3720).
📈 Bullish Plan:
Entry: 1.3745 | SL: 1.3725 | TP1: 1.3770 | TP2: 1.3810 🚀
📉 Bearish Plan:
Entry: <1.3720 | SL: 1.3740 | TP1: 1.3700 | TP2: 1.3680 ⚡
👉 Watch this zone — bounce = long, break = short.
USDCAD is sitting at a critical 1.3740–1.3720 support zone.
This area can trigger either a bullish bounce or a bearish breakdown — perfect for a scalping setup.
“USDCAD: Scalping the 1.3740–1.3720 Decision Zone 🚀⚡”
USDCAD is testing a key 1.3740–1.3720 support zone after a strong bearish move. This level has acted as a demand area multiple times, making it a critical decision point.
Bullish case: If buyers defend this range, a rebound toward 1.3770–1.3810 is possible.
Bearish case: A clean break below 1.3720 opens the door for a slide toward 1.3700–1.3680 liquidity.
📍 Watch how price reacts here — this zone will decide the next move.
GESHIP: Supply Zone Test After Base Formation GESHIP has rebounded and is now testing a prominent supply zone near ₹1,100 after forming a steady base and triggering pocket pivot and non-linear base patterns. Price action shows improving momentum above key EMAs, with accumulation possible in the ₹1,000–₹1,050 zone and targets at ₹1,200–₹1,250. Traders should note the base formation, supply zone resistance, and maintain risk management below ₹920 (closing basis).
Sensex Structure Analysis and Trade Plan: 17th September
4-Hour Chart (Swing Context)
Trend: The Sensex index is currently in an ascending channel formation after a prior downtrend.
Key Zone: The price is approaching the 82,100-82,300 supply zone, which is a significant resistance area.
Previous Break: The price has broken above the 81,200 level, which is now acting as a potential demand zone.
Bias: The overall momentum is bullish, but the price is currently within a major resistance zone.
1-Hour Chart (Intraday Context)
Structure: The price action is forming a clear pattern of higher highs and higher lows, indicating a bullish structure.
Support: The 81,200 level, which was previously resistance, is now acting as a support zone and showing strong bounces.
Current Action: The price is currently consolidating below the 82,100-82,300 supply zone.
BOS: The buying order flow is still dominant, but the upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: The price is in a sideways consolidation pattern below the 82,000 level.
OB: The order block around 81,100-81,200 is acting as a support buffer.
FVG: Minor FVGs in the 81,300-81,350 zone may offer intraday support.
Channel: The price is respecting the ascending channel boundaries.
Trade Plan (17th September)
Bullish Scenario
Entry: Buy on a retracement towards the 81,100-81,200 demand zone (OB + structure support).
Targets:
TP1: 81,500 (intraday liquidity)
TP2: 82,100-82,200 (supply zone top & channel resistance)
Stop Loss: Below 81,000 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on a rejection of the 82,100-82,300 supply zone with a strong bearish signal (e.g., engulfing candle).
Targets:
TP1: 81,300 (potential FVG fill)
TP2: 81,100-81,200 (major demand zone/OB)
Stop Loss: Above 82,300.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 81,100-81,200 before a move towards the 82,100-82,300 resistance zone.
Caution: If the 81,100-81,200 demand zone fails to hold, expect a further downside acceleration towards 80,800-80,600.
Banknifty Structure Analysis & Trade Plan :17th September 4-Hour Chart:
Trend Context: Bank Nifty has shown a robust recovery within an ascending channel after a prior downtrend. Today's close (Sep 16th) was right at the upper boundary of this channel and nearing a significant resistance zone.
Key Resistance: The major red zone between 55,100 and 55,200 remains a critical overhead supply area. The close for Sep 16th at 55,166.80 places it just within this resistance band.
Key Support: The area around 54,600 - 54,700 is a significant support zone. The ascending channel's lower trendline is also below the current price, providing a broader support structure.
Observation: Bank Nifty has consistently made higher highs and higher lows within its ascending channel, approaching a strong resistance level. The closing candle suggests that price is actively challenging this resistance. A successful break above 55,100-55,200 would be a significant bullish development.
1-Hour Chart:
Intraday Structure: The 1-hour chart confirms the persistent bullish momentum, with price making higher highs and higher lows within the ascending channel. The surge towards the end of Sep 16th has brought the price right to the edge of the 55,100 - 55,200 resistance.
EMA (21): The EMA (21) is around 54,908, serving as an intraday support. The price closed significantly above it, reinforcing the bullish sentiment for the immediate term.
Fair Value Gap (FVG): The FVG between 54,700 - 54,800 was filled earlier in the day. This suggests that some prior imbalances have been resolved, and the market is now focused on the current resistance.
Breakout Potential: The price action on the 1-hour chart is indicative of a potential breakout. A sustained close above 55,100 on the 1-hour timeframe would be a strong signal for further upside.
Summary of Key Dynamics for September 17th:
Bank Nifty is poised at a crucial resistance level (55,100 - 55,200) after a strong upward move within an ascending channel. The closing price suggests that the market is actively testing this resistance. For September 17th, the key focus will be on whether Bank Nifty can break through this supply zone or if it will face rejection and pull back within the channel.
Trade Plan - Bank Nifty (17th September 2025)
Bullish Scenario:
Entry Triggers:
A decisive and sustained breakout and close above 55,100 on the 1-hour chart, confirmed by strong buying volume.
A strong bullish reaction from the upper trendline of the ascending channel if price pulls back slightly before attempting another breakout.
Target Levels:
55,200 (immediate psychological level post-breakout)
55,300 - 55,400 (next potential resistance zone)
Higher targets are possible if the breakout is strong, but will be determined by market sentiment and price action beyond 55,400.
Stop Loss:
For breakout entries: Below 55,000 or the low of the breakout candle.
For entries on channel support (if any): Below the upper trendline of the ascending channel or a previous minor swing low.
Bearish Scenario:
Entry Triggers:
A strong bearish rejection from the 55,100 - 55,200 resistance zone, indicated by bearish candlestick patterns (e.g., shooting star, bearish engulfing) on the 1-hour chart.
A decisive break and sustained trade below 55,000, signalling a failure to break resistance and a potential move back into the ascending channel.
A break below the 54,908 (EMA 20) could signal intraday weakness.
Target Levels:
55,000 (immediate psychological level on rejection)
54,908 (EMA 20)
54,700 - 54,600 (key support zone)
54,400 (next significant support level)
Stop Loss:
For rejection entries: Above the high of the rejection candle at resistance (likely above 55,250).
For breakdown entries: Above 55,100 or the immediate swing high.
🎯 Bias for 17th September 2025
Neutral to Bullish, with strong emphasis on breakout confirmation. Bank Nifty is at a critical resistance level (55,100 - 55,200). The bullish momentum from the ascending channel suggests a potential breakout.
Nifty Structure Analysis & Trade Plan: 17th September
4-Hour Chart (Swing Context)
Trend: The market is currently in an ascending channel formation after a prior downtrend.
Key Zone: The price is approaching the 25,200-25,300 supply zone, which is a significant resistance area.
Previous Break: The price has broken above the 25,100 level, which is now acting as a potential demand zone.
Bias: The overall momentum is bullish, but the price is currently within a major resistance zone.
1-Hour Chart (Intraday Context)
Structure: The price action is forming a clear pattern of higher highs and higher lows, indicating a bullish structure.
Support: The 25,100 level, which was previously resistance, is now acting as a support zone and showing strong bounces.
Current Action: The price is currently consolidating below the 25,200-25,300 supply zone.
BOS: The buying order flow is still dominant, but the upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: The price is in a sideways consolidation pattern below the 25,250 level.
OB: The order block around 25,050-25,100 is acting as a support buffer.
FVG: Minor FVGs in the 25,150-25,180 zone may offer intraday support.
Channel: The price is respecting the ascending channel boundaries.
Trade Plan (17th September)
Bullish Scenario
Entry: Buy on a retracement towards the 25,050-25,100 demand zone (OB + structure support).
Targets:
TP1: 25,200 (intraday liquidity)
TP2: 25,300 (supply zone top & channel resistance)
Stop Loss: Below 24,950 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on a rejection of the 25,200-25,300 supply zone with a strong bearish signal (e.g., engulfing candle).
Targets:
TP1: 25,150 (potential FVG fill)
TP2: 25,050-25,100 (major demand zone/OB)
Stop Loss: Above 25,300.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 25,050-25,100 before a move towards the 25,200-25,300 resistance zone.
Caution: If the 25,050-25,100 demand zone fails to hold, expect a further downside acceleration towards 24,800-24,600.
Nifty 50 Breakout & Market Breadth Trend (Sep 2025) This chart highlights a Nifty 50 near-term breakout following a completed ABCD harmonic structure and rising market breadth levels into mid-September 2025. Key Fibonacci resistance zones are mapped, with price targets up to 25,500 based on the 0.786 and 0.886 extension levels. The market breadth indicator signals an emerging bullish momentum, reinforcing potential continuation above recent highs if index breadth sustains above 60.
This format provides clarity, technical reference, and aligns with TradingView’s audience expectations for actionable trading insights.
BTCUSD - Fakeout Trap & Master Order Block Setup
BTCUSD – Fakeout Trap & Master Order Block Setup
Price executed a clean **fakeout above liquidity** before dropping back into the **master order block zone**. This setup shows how liquidity hunts trap late buyers before respecting key OB demand. Watching for reaction from the **115.3k zone** to decide next directional move.
Nifty Index (Research for 16 Sep Expiry)NIFTY is running from supportive trendline. ..PCR has also come in favour of CE( ie indicating that CE buyers/ Put sellers are showing their strength. Coming expiry will probably closes in green
Nifty CMP-25114
expecting Targets- 1) 25220 ,
2) 25330 ,
3) 25420
Intraday Support- 25025, 25980
Major support (I think we won't need it in this expiry) - 24750
AXISBANK at ₹1115: Breakout or Rejection?Scrip: Axis Bank | Exchange: NSE | Timeframe: Daily
Summary:
Price is approaching a significant resistance level at ₹1115, which was the high of the July 18th gap-down session. A high-volume breakout above this level could trigger a move to fill the gap up to ₹1154. Conversely, a rejection at this resistance could lead to a decline.
Price Action Analysis:
Key Resistance: ₹1115 (The high of the massive gap-down day on July 18). This is the key level to watch.
Gap Analysis: The gap exists between the July 17 low (₹1154) and the July 18 open (₹1090). The first major hurdle to filling it is overcoming the ₹1115 high from that same day.
Key Support: ₹1050 (Recent Swing Low).
Scenario 1: Bullish Breakout (Gap Fill Play)
This scenario requires a true breakout, confirmed by a strong volume surge.
Trigger: A daily candle closing decisively above ₹1115.
Volume Confirmation: The breakout must be supported by significantly higher-than-average volume. This is essential for a "true" breakout and confirms real buying pressure.
Entry: High of the breakout candle (on closing basis).
Stop Loss: Low of the breakout candle.
Target: ₹1154 (To fill the July gap).
Scenario 2: Bearish Rejection (Resistance Hold)
This scenario plays out if the ₹1115 level holds as strong resistance.
Trigger: A clear bearish reversal candlestick at the ₹1115 resistance (e.g., a Shooting Star or Bearish Engulfing pattern on the daily timeframe).
Entry: Low of the reversal candle.
Stop Loss: High of the reversal candle.
Target: ₹1050.
Disclaimer: This is a technical analysis idea and not financial advice. Trading carries a risk of loss. Past performance is not indicative of future results. Always conduct your own research and manage your risk appropriately.
Nifty 50 – Bearish Engulfing at 25,150, Eyes on FedNifty rallied into the 25,150 zone and immediately met resistance. The daily chart printed a bearish engulfing candle , a textbook reversal signal after a short-term rally. From a pure price-action perspective, this suggests caution as bulls lose momentum at a key supply zone.
However, context matters. The Fed interest rate decision on 17th Sep night is the big catalyst ahead. Until then, markets may prefer to stay rangebound rather than commit to a direction.
Derivatives data backs this:
Heavy Call OI at 25,100–25,200 creates resistance.
Strong Put OI at 25,000 provides support.
With PCR near 1.0, the bias leans neutral-to-cautious.
In short: the bearish engulfing is valid, but expiry flows (16th Sep) and the Fed decision (17th Sep night) will decide whether this turns into a deeper pullback or gets invalidated by a breakout.
Sensex Structure Analysis and Trade Plan: 16th September4-Hour Chart (Swing Context)
Trend: Ascending channel formation after a prior downtrend.
Key Zone: Approaching the 81,900-82,100 supply zone.
Previous Break: Impulsive leg broke above 81,200, now acting as potential demand.
Bias: Bullish momentum, but within a significant resistance zone.
1-Hour Chart (Intraday Context)
Structure: Clear higher highs & higher lows (bullish structure).
Support: 81,200 level (former resistance turned demand) showing strong bounces.
Current Action: Consolidating below the 81,900-82,100 supply.
BOS: Confirms buyer dominance, but upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: Sideways consolidation below 81,800.
OB: Order block around 81,100-81,200 acts as support buffer.
FVG: Minor FVGs in 81,300-81,350 zone may offer intraday support.
Channel: Price respecting the ascending channel boundaries.
Trade Plan (16th September)
Bullish Scenario
Entry: Buy on retracement near 81,100-81,200 demand zone (OB + structure support).
Targets:
TP1: 81,500 (intraday liquidity)
TP2: 81,900-82,000 (supply zone top & channel resistance)
Stop Loss: Below 81,000 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on rejection of 81,900-82,100 zone with strong bearish signal (e.g., engulfing).
Targets:
TP1: 81,300 (potential FVG fill)
TP2: 81,100-81,200 (major demand zone/OB)
Stop Loss: Above 82,100.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 81,100-81,200 before a move towards the 81,900-82,100 resistance.
Caution: If 81,100-81,200 fails, expect downside acceleration towards 80,800-80,600.
BankNifty Structure Analysis and Trade Plan: 16th September4-Hour Chart (Swing Context)
Trend: Ascending channel formation after a prior downtrend.
Key Zone: Approaching the 54,900-55,100 supply zone.
Previous Break: Impulsive leg broke above 54,600, now acting as potential demand. Bias: Bullish momentum, but within a significant resistance zone.
1-Hour Chart (Intraday Context)
Structure: Clear higher highs & higher lows (bullish structure).
Support: 54,600 level (former resistance turned demand) showing strong bounces.
Current Action: Consolidating below the 54,900-55,100 supply.
BOS: Confirms buyer dominance, but upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: Sideways consolidation below 54,950.
OB: Order block around 54,550-54,600 acts as support buffer.
FVG: Minor FVGs in 54,700-54,750 zone may offer intraday support.
Channel: Price respecting the ascending channel boundaries.
Trade Plan (16th September)
Bullish Scenario
Entry: Buy on retracement near 54,550-54,600 demand zone (OB + structure support).
Targets:
TP1: 54,850 (intraday liquidity)
TP2: 54,900-55,000 (supply zone top & channel resistance)
Stop Loss: Below 54,450 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on rejection of 54,900-55,100 zone with strong bearish signal (e.g., engulfing).
Targets:
TP1: 54,700 (potential FVG fill)
TP2: 54,550-54,600 (major demand zone/OB)
Stop Loss: Above 55,100.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 54,550-54,600 before a move towards the 54,900-55,100 resistance.
Caution: If 54,550-54,600 fails, expect downside acceleration towards 54,300-54,100.
Nifty Structure Analysis and Trade Plan: 16th September 4-Hour Chart:
Trend Context: The market has been in a strong uptrend, but recent action shows consolidation. Price is nearing a significant overhead resistance.
Key Resistance: The zone around 25,150 - 25,250 has been a strong area of selling pressure.
Key Support: The area between 25,000 - 25,070 is crucial. This was previously resistance broken to the upside and is now being tested as support, also coinciding with the lower boundary of an ascending channel.
Observation: Price is consolidating within this range, indicating a potential decision point.
1-Hour Chart:
Intraday Structure: The 1-hour chart confirms the sideways consolidation. Bullish momentum appears to be waning as price struggles to push higher.
EMA (20): Currently hovering around 25,051, acting as a dynamic intraday pivot. Price has recently been trading around or below it.
Liquidity: Expect buy-side liquidity above the resistance zone (25,150 - 25,250) and sell-side liquidity below the support zone (25,000).
Summary of Key Dynamics:
Nifty is at a critical juncture, squeezed between strong resistance and a support zone that also forms the lower edge of an ascending channel. The coming session will likely dictate the short-term direction.
Trade Plan - Nifty 50 (16th September 2025)
Bullish Scenario:
Entry Triggers:
A confirmed hold and bounce from the 25,000 - 25,070 support zone, showing bullish strength.
A decisive, sustained break and close above 25,150.
Target Levels:
25,100 (immediate target on bounce)
25,150 - 25,250 (major resistance zone)
25,300+ (potential extension if resistance breaks cleanly)
Stop Loss:
For entries around support: Below 25,000.
For breakout entries: Below 25,100 or the low of the breakout candle.
Bearish Scenario:
Entry Triggers:
A clear breakdown and sustained trade below the 25,000 - 25,070 support and the ascending channel.
A strong bearish rejection at the 25,150 - 25,250 resistance zone.
Target Levels:
24,950 (psychological level)
24,900 (previous key support)
24,800 - 24,850 (lower demand zone)
Stop Loss:
For breakdown entries: Above 25,050 or the recent high formed before the breakdown.
For rejection entries: Above the high of the bearish rejection candle at resistance.
🎯 Bias for 16th September 2025
Neutral to Cautiously Bearish in the Short Term. The market is consolidating at a key resistance. A breakdown below 25,000 would signal immediate weakness.
Conversely, a firm break and hold above 25,150 would rekindle bullish sentiment. The reaction at the 25,000 - 25,070 support will be the primary determinant of intraday direction.
What is Buyback & Why Companies Do It?Hello Traders!
Every now and then, you’ll hear the news, “XYZ company announces share buyback.”
But what exactly is a buyback, and why do companies spend so much money to purchase their own shares? Let’s break it down in simple terms.
1. What is a Buyback?
A buyback (also called share repurchase) happens when a company buys its own shares from the stock market.
This reduces the number of shares available in the market, which can increase the value of the remaining shares.
2. Why Do Companies Do Buybacks?
To Increase Shareholder Value: With fewer shares in circulation, earnings per share (EPS) goes up, often supporting a higher stock price.
Utilize Excess Cash: Instead of keeping large cash reserves idle, companies return value to shareholders by buying back shares.
Signal of Confidence: A buyback is often seen as management’s confidence that the stock is undervalued.
Better Than Dividends (Sometimes): Unlike dividends, buybacks can be more tax-efficient for both the company and investors.
3. Does Buyback Always Mean Positive?
Not necessarily, Sometimes companies use buybacks to artificially boost EPS without real growth. If the business fundamentals are weak, a buyback is just a short-term push and doesn’t solve deeper issues.
Rahul’s Tip:
Don’t buy a stock just because of a buyback announcement. Always check if the company has strong fundamentals, healthy cash flows, and a genuine reason behind the buyback.
Conclusion:
A buyback is a powerful tool, but only when backed by strong business performance.
It can reward long-term shareholders and show management’s faith in the company.
But as smart investors, we should look beyond the headline and judge the real financial health.
By @TraderRahulPal (TradingView Moderator) | More analysis & educational content on my profile!
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