NIITLTD Trade set up, probable reversalNIITLTD's stock is currently experiencing a weakening uptrend. The most recent closing price was 186.01, with a daily high of 203.62 and a low of 184.14. The stock is trading below an important level of 213.91, which could indicate a potential short-term decline if the price remains below this threshold.
Technical Indicators
Moving Averages: The stock appears to be trading below key moving averages, suggesting bearish sentiment in the short term26.
RSI and MACD: While specific values aren't provided, these indicators are likely showing bearish signals given the overall trend analysis.
Support and Resistance Levels
Key price targets for NIITLTD are:
Downside target: 210.57
Upside target: 217.31
Volume and Volatility
The average trading volume for NIITLTD is 1.24 million shares. This volume can provide insights into the strength of price movements and potential trend reversals.
Long-Term Perspective
NIITLTD is currently trading 16.80% below its 52-week high of 203.90, which was set on September 5, 2024. This suggests there may be room for upward movement if market conditions improve.
Market Sentiment
The overall short-term sentiment for NIITLTD appears negative, indicating a strong downtrend6. However, it's important to note that market conditions can change rapidly, and investors should always conduct thorough research before making investment decisions.
Related
What are the key support and resistance levels for NIITLTD
How reliable are AI predictions for NIITLTD's stock movement
What is the significance of the 213.91 level for NIITLTD
How does the cup and handle formation affect NIITLTD's future price
What are the potential targets for NIITLTD's stock price in the next week
Beyond Technical Analysis
HINDALCO 10R probable trade set upThe short-term price action for Hindalco appears to be positive, with some bullish indicators:
The stock is trading above its 20-day Simple Moving Average (SMA) of 657.
The price is in the upper range of the Bollinger Bands, suggesting strong momentum.
The MACD has generated a buy signal, although it is initial and weak.
The CCI (Commodity Channel Index) has generated a strong buy signal.
However, there are also some cautionary signs:
The RSI is generating a sell signal in the short term.
Volume-based indicators are showing selling momentum.
Medium-term Outlook
The medium-term analysis reveals a more complex picture:
The stock is trading slightly above the 200-day Moving Average, around 6521.
The zone between 652-620 is considered a crucial demand area.
The RSI on the daily timeframe shows early signs of reversal, suggesting potential bullish momentum.
Key Levels to Watch
Resistance: A critical resistance level is identified near 715. Breaking above this level could negate the existing negative trend and confirm a reversal.
Support: The 652-620 range is an important support zone. Maintaining a position above this range is crucial to prevent further selling pressure1.
Options Data
The Put-Call Ratio (PCR) for various strike prices indicates:
For the 630 strike, the PCR is 3.58, suggesting more put options are being traded relative to call options.
Higher strike prices (710, 720, 750) show lower PCR values, indicating less bearish sentiment for those levels.
AVANTIFEED 1:8 RR (3 trade set up)Based on the technical analysis of Avanti Feeds Ltd (AVANTIFEED), the price action shows a positive trend in the short to mid-term:
The stock has broken out of a long-term triangle formation with an Inverted Head & Shoulder pattern, accompanied by strong volume1.
The price is exhibiting a positive breakout from the Keltner Bands, indicating strong bullish momentum2.
The ADX (Average Directional Index) suggests a strong uptrend2.
The Stochastic RSI shows bullish signals, with the indicator rising from oversold levels2.
The stock is trading above its key moving averages, further confirming the bullish trend4.
Short to mid-term price action analysis is described as "definitely positive," indicating a strong uptrend78.
However, it's important to note that some conflicting signals exist:
The MACD shows a bearish crossover, which could indicate potential short-term weakness2.
The Stochastic RSI also shows some bearish divergence in the longer term4.
Overall, the price action analysis for AVANTIFEED appears bullish, with strong momentum and positive breakouts observed across multiple technical indicators.
From Novice to Pro: Navigating Support & Resistance Like a BossGreetings to all. I trust that you are all thriving in both your personal lives and trading endeavors. Today, I present educational content aimed at understanding the concepts of support and resistance in chart analysis.
Support and resistance are key concepts in technical analysis used to identify potential price levels where an asset's price might reverse, stall, or consolidate. They are often visualized on a price chart and are critical for traders making decisions about entry, exit, and stop-loss levels.
1. Support:
Definition: Support is a price level at which a downward trend may pause or reverse due to a concentration of buying interest.
Why it works: Traders perceive this level as a "bargain," increasing demand and preventing further price drops.
Visualization: On a chart, support levels often appear as a horizontal line or a sloping line below the current price where previous price action reversed or consolidated.
Breakthroughs: If the price breaks below a support level, it may indicate a continuation of the downtrend.
2. Resistance:
Definition: Resistance is a price level where an upward trend might pause or reverse due to selling pressure or profit-taking.
Why it works: Traders perceive this level as "expensive," reducing demand and increasing selling activity.
Visualization: On a chart, resistance levels are horizontal or sloping lines above the current price where the price struggled to move higher in the past.
Breakthroughs: If the price breaks above a resistance level, it may indicate the start of a new upward trend.
Common Characteristics of Support and Resistance:
Role Reversal: Once a support level is broken, it often becomes a new resistance level, and vice versa.
Psychological Levels: Round numbers (e.g., $50, $100) often act as strong support or resistance due to psychological significance.
Volume Confirmation : High trading volume near these levels reinforces their strength.
Types of Support and Resistance:
Horizontal Lines: Based on past price action.
Trendlines : Diagonal lines formed by connecting higher lows (support) or lower highs (resistance) in a trend.
Moving Averages: Dynamic levels that adjust with price movement, often acting as support or resistance.
Fibonacci Retracement: Levels based on mathematical ratios indicating potential reversal zones.
How to Use Support and Resistance:
Entry Points: Buy near support levels or after a breakout above resistance.
Exit Points: Sell near resistance levels or after a breakdown below support.
Risk Management: Place stop-loss orders just below support (for long positions) or above resistance (for short positions).
Today, I decided to share some educational content, as my previous posts have primarily focused on trade ideas. I hope that you all would find this educational material valuable and engaging. If you appreciate this type of content, I encourage you to show your support by liking this post and following me for more educational insights in the future.
HINDUNILVR at long term support/ buy zoneFundamentally, encircled are the areas to focus.
1st area of 2020-21, 2nd area of 2022 and third is 2024
Net profits have gone from 6756 to 10276 TTM from 2020. This suggests a TIME CORRECTION
Currently price came at lower line of those zones
Accumulation plan: Add quantities in downside
At 2300,
At 2245,
At 2180,
2110
2050
Holding period 3-5 years as it's bluchip
Donald Trump owned companyrump Media & Technology Group Corp. (TMTG) is an American media and technology company headquartered in Sarasota, Florida. It runs the Truth Social social-media platform and is primarily owned by U.S. president-elect Donald Trump.
Here we can see the price is ready to outperform DJI index after gap of 1 year. Since Trump is the President of USA and the company both we can see a potential bullish upside soon.
TRIDENT 1:10+ RR trade set upSupport and Resistance
Support Levels: S1 at 33.61, S2 at 33.36, S3 at 33.114.
Resistance Levels: R1 at 35.21, R2 at 34.81, R3 at 34.564.
Volume Analysis
Trading volume is 14,205,622 shares, which is higher than the 20-day average volume of 11,666,702 shares, indicating increased interest35.
Price Range
52-week range: Rs 31.07 (Nov 22, 2024) to Rs 52.90 (Jan 09, 2024)1.
Current price is about 10.3% above the 52-week low and 35.2% below the 52-week high.
The stock is showing mixed signals with bearish short-term trends but potential for upward movement. Traders should watch for price action around key support and resistance levels for potential entry or exit points. The increased volume suggests heightened investor interest, which could lead to increased volatility in the near term.
ACE - Flag & Pole Breakout - Buy above 1520ACE intends to increase contribution of exports in revenues. The company is also tapping opportunities in the Defence Sector and plans to increase the utilisation levels of Construction Equipment.
MetriC FY 2025 (H1)
Revenue Growth - INR 15,527 Mn (H1 FY25) with a growth trajectory, 26.71% CAGR over four years.
Operating Leverage - EBITDA Margin improved from 16.06% (FY24) to 17.32% in H1 FY25, indicating strong operational efficiency
.
Margin Expansion - PAT Margin rose from 10.97% (FY24) to 11.53% in H1 FY25, reflecting better profitability
.
Debt Reduction -Net Debt-to-Equity ratio improved to -0.48x (indicating surplus liquidity over debt), maintaining a low leverage position
.
The Stock has formed Flag & Pole Breakout & One can enter above 1520 For targets of 1700/2000/2400. Strict Stop Loss of 1340.
Views valid above - 1520.
Disclaimer : Educational Post and not a buy/sell recommendation.
Aditya Birla Money -Multi year C&H breakout. Best above 160/170.Aditya Birla Money - Ready to take off and contribute to the Indian Economy.
The stock just formed cup and handle and gave a breakout above 155.
One can enter between 120 to 170 and average up.
Targets plotted on the chart can take between few months to years.
Strict stop loss - 122
Disclaimer : Educational content. Do your own research.
Kfintech - Flag & Pole Breakout - Buy above 1095. SL-983KFintech generates revenues primarily through service fees, subscriptions, and transaction-based charges. Its client base includes:
Mutual Fund Companies: Providing technology and operational support for mutual funds.
Wealth Management Firms: Offering technology platforms that enable the management of investor portfolios.
Corporate Issuers: Handling IPO processes, corporate actions, and compliance.
Boom in IPO and rights issue makes this stock very attractive.
The chart has formed Flag & Pole Patternand one can enter only above 1095 for targets of 1230/1450, with strict stop loss of 983
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Consolidate Breakout Pattern in GICRE
BUY TODAY SELL TOMORROW for 5%
Why do we need a new payment system?Ever wondered why no one seems to care when your money is stolen, your wallet is swiped, or your online banking gets hacked? That’s right. No one.
If there's one thing Satoshi Nakamoto and every other crypto pioneer probably despised, it’s this closed, rigged system where you only win if you’re already winning. In other words, today, having a bank account isn’t just necessary—it’s practically mandatory. But wait! No one will actually tell you that you have to open one. Not your bank, not the government, not even your employer. But here's the twist: the state will happily inform you that your taxes, fines, and any other payments—oh, and don’t forget those "bonuses"—can only be made via an Italian IBAN. No cards, no prepaid accounts. Or your employer will kindly let you know that your salary can only be paid into an Italian IBAN with your name on it.
Nobody tells you, “You must open a bank account in Italy,” but everyone acts like you can’t survive without it. And why is that? Because the bank is this monumental institution with centuries of history, reassuring you that your money is safe. Safe, sure. So safe, in fact, that it’s no longer yours.
Think about it. While you, the humble account holder, have to justify every move you make with your own money, the bank—once your deposit is in—takes it, uses it for its own operations, and invests it as it sees fit. And no, those aren’t just profits; they’re your funds, your deposits. In fact, they count as bank assets and are part of what’s known as the bank’s liquidity (or “CU” for those in the know). So, in case you missed the memo, your money is no longer just yours.
Here’s how the game works: the state mandates that anyone who participates in the economy must have a bank account, specifically with an Italian IBAN. You open your account and—voilà!—you can pay bills, receive your salary, and even contribute to the state’s coffers. Meanwhile, the bank is busy investing your liquid assets, generating dividends, and making a tidy profit.
But wait—since the bank is profiting off your money, the account must be free, right? Oh, come on. You didn’t really think they’d let that happen. The bank has to survive, after all. And those profits from millions in investments aren’t enough. Banks earn money not only through direct investments but also through every single transaction. Transfers? Oh, you’ll be charged anywhere from €0.50 to €2.00. Checking your statement? That’s another €0.60 to €1.70 per line. And don’t even get me started on account maintenance fees—typically anywhere from a few euros to €10 per month, depending on the bank, the balance, and the account holder’s age. So, yeah. You might end up paying an extra €3–4 on top of your €10 transfer, just to have the "privilege" of using your own money.
And that’s not all. Remember, the state’s also in on the action. Besides making sure employers can only pay wages into Italian bank accounts, they impose a stamp duty on accounts with an average balance over a certain threshold—say, €5,000. If you owe anything, the state can seize it directly from your bank account without your consent. And the government? They’ll take their cut, too. It’s a system, after all.
Let’s break it down a little more: the state provides a “safe” place to hold your money, but not without its own set of fees and taxes. The bank, that ever-reliable institution, justifies its costs with "security"—while quietly ignoring the fact that it's also using your money to make its own profits. And if you’re paying into a mortgage or loan, don’t be surprised if the bank takes your money directly if you default, without needing your permission. Oh, and the state? They’ll happily seize payments from your account if there’s any sign of liquidity issues. So much for personal security, right?
But what happens if you're the one who’s robbed? You’ve got insurance, sure—but no, they won’t pay out 100%. Why? Because of a maze of clauses that protect them, not you. The bank, despite charging you for account maintenance, is not the custodian of your money. They’re just another player in this cruel game. And if you try to report the theft to the authorities? You’ll go through hoops, paying fees for filing a report, only to be passed around between the insurance company and the bank, both of whom claim they’re not responsible. And the state? Well, they’ll just watch from the sidelines, as usual.
It’s a vicious cycle: you’re forced into this so-called "bank account" system. Your account becomes a tool to settle debts with both the bank and the state. Both entities have the right to withdraw from your account without prior consent or notification. Imagine that! The state can just grab money if there’s a liquidity problem—and the insurance, well, that’s just another expense with zero real benefit. But don’t worry—the bank is here to "protect" you. Once upon a time…
Today, however, banks only lend money if you already have it. Mortgages and leases? They’re available only to people who can buy the property outright. Insurance companies? They're shielded by state-backed protections, allowing them to easily shrug off responsibility. And for those lucky few who manage to get a loan, mortgage, or financing? Well, the bank will happily charge you interest on money you don’t have, while using your deposits to make more money for themselves.
So, yeah. The system is built to benefit everyone, except for you.
How do I know all these things ?
I work in a bank.
Nifty Intraday key levels for 23.12.24Hi,
* Nifty Intraday key levels for 23.12.24
* Please mark the levels in your chart and get prepared for tomorrow
* These Support and Resistance levels have good accuracy.
Resistance 23780 / 23830
Support 23530 / 23430
* Gap zone 24065 - 24150 will be acting as strong Resistance
* As we are at a strong buying zone, we might witness a strong pull back in coming week
* Below 23300 on daily closing basis, market will witness more weakness
Regards
Bull Man
NiftyPatterns formed on the Chart
1- Head & Shoulder Pattern.
2- Bullish Pennant.
Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250
Resistance:
1- 24450
2- 24860
3- 25050.
Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.
Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.
Banknifty Trade set up with 1:5+ RRAs of December 19, 2024, Bank Nifty has experienced a significant downward movement:
The index fell by more than 1300 points over two trading days
It reached a low of 51263 levels
This sharp decline was accurately predicted using Neo wave and price action analysis, demonstrating the effectiveness of these techniques in forecasting market movements
Key Price Levels and Targets
Several important price levels have been identified:
A critical support level at 52580
Potential targets on the downside include 52180 and 518001.
Resistance level at 53200, which needs to be broken for fresh buying to emerge
A Stock market crash can trigger a recessionSteepening cycles in the US yield curve have preceded stock market crashes in the past, and so far, this time is no different. As measured by the difference between the 10-year bond yield and the 2-year bond yield, the yield curve is now rising and made a higher high last night. The continued trend is toward a risk-off by investors out of equities into the safety of two-year or shorter-term bonds. Such stock market sell-offs have also resulted in a recession in the past so one follows the next.