JK LAKSHMI CEMENT LTD.Presenting One More Chart Analysis after a Long time...
JK LAKSHMI CEMENT LTD Chart is quite strong with Bullish View and looks promising at CMP 813.00.
Patterns are drawn on Daily Chart and as usual complex & detailed drawing with Price Analysis is presented considering all the aspects of the chart.
Target & SL is as follows:
Tgt: 950.00 and above
SL: 750 (Closing Basis)
Market is all about OPPORTUNITY / ENTRY / TIMING !!!!!
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject and for learning purpose only.
Chart Patterns
MACD NEUTRAL ZONEThis script overlays the MACD (Moving Average Convergence Divergence) indicator with a neutral zone.
The neutral zone is calculated based on the daily closing price divided by 500, and two horizontal lines are plotted above and below zero to represent this zone.
The MACD line, Signal line, and MACD histogram are also displayed.
Purpose of Neutral Zone: The neutral zone helps identify areas where the MACD might be in a neutral or indecisive state. It provides a visual cue that may help traders interpret the MACD's movements in relation to price action.
You can use this indicator for market analysis in combination with other tools to identify potential trends, reversals, or indecisive states in the market.
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
Resistance Breakout in ZENSARTECH
BUY TODAY SELL TOMORROW for 5%
#JISLJALEQS - Potential Break Out 📊 Script: JISLJALEQS
Key highlights: 💡⚡
📈 IH&S formed in Daily chart.
📈 Wait for consolidation then enter on BO with volume
📈 Price gave a good up move
📈 Volume spike seen
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 80 DCB
⏱️ C.M.P 📑💰- 76
🟢 Target 🎯🏆 – 20%
⚠️ Stoploss ☠️🚫 – 10%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
BankNifty -Target Done, ED Done, Fall Done,Bounce, What’s Next? WaveTalks Market Update - Budget Day Breakdown (Feb 1, 2025)
The much-anticipated Budget 2025 has failed to cheer the markets, triggering a sharp sell-off that aligns perfectly with a classic Ending Diagonal (ED) breakdown.
Technical Setup - ED Play in Action!
For those following the Elliott Wave roadmap, the Ending Diagonal (ED), also known as a Rising Wedge, unfolded in the last Wave 5 of a larger degree impulse that began from the lows of 47844 on January 27, 2025, culminating at the psychological resistance of 50000 today on the Budget day 1st Feb 2025.
This pattern typically marks trend exhaustion, leading to swift and often dramatic reversals. The market exceeded our prior target of 49650+ before peaking at 50000, and today, we are seeing exactly the expected reaction.
Last Bank Nifty Idea - Target 49650+
If you spotted this pattern and managed risk effectively, you are likely riding this sharp decline from the highs of 50000 & Booking Profits close to 48968 key level highlighted in the last idea
Magical Support - Intraday 49000
After a sharp 1000-point fall, the market found support at a key level of 48968, highlighted in the last idea. A strong 500-point bounce once again, pushing towards same target of 49650+.
Breakdown Details:
- Key support level : 48968
- Actual low: 48925 post completion of the Ending Diagonal
- Initial fall: 1000 points
- Current recovery: 500 points approx.
This reversal from key support confirms the significance of the Ending Diagonal breakdown, followed by profit booking and an intraday bounce. Watching the next wave structure will be crucial for further moves.
But here’s the big question:
How Much Fall?
That’s for your financial analyst to answer, but history suggests that ED (Ending Diagonal) or Rising Wedge breakdowns often erase a large portion of prior gains in a relatively short time. Today’s action is a reminder—markets don't forgive complacency.
You witnessed the dramatic 1000+ point fall from 50000 to 49000 (approx.) in a single day post the ED pattern & bounce - all cheers! to the pattern
Fundamental Backdrop - Budget Disappoints Street Expectations
While the government introduced personal income tax cuts aimed at boosting consumption, the markets responded with caution rather than optimism. Several factors weighed on investor sentiment:
- Profit booking after a four-session rally ahead of the budget
- Economic Survey 2024-25 highlighted concerns about a potential market correction, particularly impacting retail investors who may not have seen significant downturns before
This confluence of technical exhaustion and lukewarm fundamental sentiment led to today’s sell-off.
✅ Key Takeaways & Next Steps
- 50000 top confirmed as ED completion
- Sharp downside expected as structure breaks down
- Fundamental triggers amplify selling pressure
- Profit-taking and caution dominate post-budget moves
The reversal is here. The next critical question is: Which wave unfolds next? Will it extend into a deeper corrective structure, or is there a potential counter-trend bounce? Identifying the next logical buying or selling zone will depend on how the upcoming wave develops within the larger Elliott Wave framework.
Stay sharp, stay prepared, and catch me later in another exciting update from WaveTalks – Market Whispers! Can you hear them?🔥
Regards,
WaveTalks
Abhishek
KSB Ltd: Channel Breakout on Budget 2025 Irrigation BoostDetails:
Asset: KSB Ltd
Breakout Level: Channel breakout confirmed
Potential Target: To be determined based on momentum
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: KSB Ltd has given a channel breakout following positive news on irrigation development in the Budget 2025. Increased government focus on infrastructure and irrigation projects could drive further upside.
Market Analysis:
Technical Setup: The breakout confirms strong bullish sentiment, with sustained buying interest.
Sector Boost: Budget-driven demand for industrial pumps and irrigation solutions strengthens KSB’s growth outlook.
Risk Management:
Implement a stop loss below the breakout level to mitigate downside risks.
Timeframe:
Short to medium-term move expected, depending on follow-through buying.
Risk-Reward Ratio:
Favorable, backed by technical breakout and fundamental sector growth.
Monitor for sustained momentum and volume confirmation post-breakout.
DmartWe are going to discuss on Concept of Max pain for options and Gap theory of big player position, also can be known as market positioning.
first let discuss on What is Max pain and how to interpreter this concept of Max pain
Max pain level for Option buyer vs Option seller :
Max pain is a level where a Short seller is present and will try to defend his position not to enter into loss, as we should be aware that a Short seller is strong than a buyer with respective on capital deployed and when a short seller position is compromised he has to run for a covering his position where we see a movement based move but this should be monitored. this may give better returns mostly on expiry days.
Gap theory Big player vs uninformed trader :
Many of us think if a gap is filled we feel as its now becomes support as we study gaps act as support and resistance, we have a different approach for gaps and it's types. Particularly for this session i would like to tell when a gap is formed with a gap down and no immediate filled scenario happens indicates a foot print of an institution/Big player positions which act as resistance.
My observations in this stock is that untill there is a shift in max pain level and a cross over one should remain cautious with respective of Max pain and stock price with consideration of other parameters, because nothing is holy grail in market. Expect the unexpected is majority times proven, but these are one of the tools which gives some direction for time being.
This is just few insights even i may be not sure. Just View not a Reco...
XAU#10: Gold hits record high. What should traders do? 💎 💎 💎 Plan #9 first helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So OANDA:XAUUSD FOREXCOM:XAUUSD has broken the peak as predicted in analysis #9. Now let's plan the next step:🔥
1️⃣ **Fundamental analysis:**
📊US consumer price inflation accelerated late last year, supporting the Fed's decision to pause interest rate cuts
🔴 Trump announced that he would impose 25% tariffs on Canada and Mexico, "Trade war" begins again
🔴Trump threatened that tariffs will take effect on February 1! Affected by Trump's tariff policy, the market's risk-off sentiment has increased significantly, which may continue to support gold prices.
2️⃣ **Technical analysis:**
🔹 **Frame D**: The historical peak has officially been broken. The end of the weekend trading day is a Shooting Star candle. Is this a warning from the price line? Let's analyze more carefully in the trading plan.
🔹 **Frame H4**: The price is still trading above the support area. The bullish price structure is still intact
🔹 **H1 frame**: Looking at H1, we can see that although the price adjusted from 2816 to 2798 at the end of the trading session, the bullish price structure is still intact, the 2798 area is not a strong support area but there is still a reaction showing that the market sentiment is supporting the bulls
3️⃣ **Trading plan:**
⛔ Although the closing candle D is a candle that signals a reversal, what we need to pay attention to is that all frames are showing an upward structure. The closing price on the last day of the week at the end of the month, profit taking leading to a price decrease is normal. If there is really a sign of that, we will see a warning from the price model.
✅ Based on the basic information and price line, we can completely wait for the price to return to the support zone below to continue trading in accordance with the main trend. In my personal opinion and trading habits, I extremely limit trading against the trend, so I do not plan for a SELL position at this time
💪🚀 **Wish you successful trading!**
📌 If you have any questions, please contact me directly. I am ready to answer them for free
Ethereum (ETH/USDT) at Critical Support – Breakout or Breakdown?📉 Ethereum (ETH/USDT) 4H Chart Analysis
🔴 Current Price: $3,220.06 (-0.95%)
📊 Indicators & Patterns:
Downtrend Resistance: A descending trendline is acting as resistance.
Support Zone: The red highlighted area (~$3,220) is a key support level.
200 EMA: At $3,320, acting as resistance.
🔮 Possible Scenarios
1️⃣ Bullish Case 🚀: If ETH holds the support and breaks the descending trendline ($3,320), it could test higher levels around $3,400 - $3,500.
2️⃣ Bearish Case 📉: A breakdown below the support ($3,220) could trigger a fall towards $3,100 or even $3,000.
🎯 Key Levels to Watch
Resistance: $3,320 (EMA 200), $3,400 (Trendline)
Support: $3,220 (Zone), $3,100 (Next Major Support)
⏳ Conclusion
ETH is at a critical decision point. A bounce could lead to a breakout, but failure to hold could trigger more downside. Watch for a reaction around $3,220! 🚦
BTC/USDT 4H Analysis: Bearish Breakdown or Rebound?📉 Bitcoin (BTC/USDT) 4H Chart Analysis
🔴 Overview:
Bitcoin is trading at $101,847 (-0.22%) on the 4-hour timeframe.
The price is moving within a descending wedge/pennant pattern.
Key EMA (200): Currently at $100,781, acting as dynamic support.
📌 Key Levels & Analysis:
Resistance Zone (~$102,000 - $103,000): Price is struggling to break above this level.
Support Zone (~$97,500 - $98,500): A key demand zone where buyers may step in.
⚠️ Potential Scenarios:
Bearish Breakdown ⬇️
If BTC loses the $100,800 EMA support, a drop towards $98,000-$97,500 is likely.
The marked arrow suggests this bearish move.
Bullish Rebound ⬆️
If BTC holds above EMA 200 and reclaims $102,000, a breakout towards $104,000-$106,000 could follow.
🧐 Final Thoughts:
Short-term trend: Bearish bias unless price reclaims resistance.
Watch for a break below $100,800 for further downside.
RSI & Volume Confirmation Needed for stronger signals.
IRB Infra cmp 55.58 by Daily Chart viewKeep the stock on your radar for probable breakout above Resistance Zone
IRB Infra cmp 55.58 by Daily Chart view
- Resistance Zone at 60 to 62 Price Band
- Support Zone seen at 49 to 51 Price Band
- Price shouldering along Rising Support Trendline
- Volumes steadily attempting to move above avg traded quantity
- Back to Back Bullish Rounding Bottoms with Resistance Zone neckline
- Daily basis Support at 50 > 44 > 38 with Resistance seen at 60 > 66 > 72 > ATH 78.15
Database option TradingOptions are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
Options are highly sensitive to market volatility. Significant price swings can lead to substantial gains or losses. A trader might buy a put option expecting a stock to drop. If the stock instead surges in price due to unforeseen events, the value of the put option plummets.
CITY UNION BANK LTD- Q-2-Q ProjectionCITY UNION BANK LTD; CMP: 170.22; RSI.47.67
City union bank chart analysis shown the completion of wave-4 retracement and now impulse wave-5 is in formation. This should take the script to new 52W high. Script is rangebound at present and has taken support to its 100 DEMA placed at 169.76. Downward retracement is limited till 160 odd levels. A long position can be initiated based on once risk appetite. Key levels to watch are as below
Accumulation Zone: 161- 165
Breakout Confirmation (on closing basis): Closing above- 177
Target: - 196-200-217-240
Stop Loss: 159
GOLD Trading Strategy FOR 02 Feb 2025GOLD Trading Strategy:
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 2813
Targets:
First Target: 2818
Second Target: 2824
Third Target: 2833
Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 2813.
Sell Strategy:
Entry Point: Sell below the low of the 15-minute candle that closes below 2790
Targets:
First Target: 2782
Second Target: 2775
Third Target: 2770
Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 2790.
Time Frame:
15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements.
Important Points:
Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital.
Monitor Market Conditions: Continuously monitor market conditions and news that could impact the GOLD price.
Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points.
Disclaimer:
Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
Amazing breakout on WEEKLY Timeframe - BAJFINANCECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - UPLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
"Nifty Stuck in a Loop as Markets Go Berserk!"
The Nifty 50 has been on a wild rollercoaster ride this month, bouncing between 22,771 and 24,222 like a caffeinated ping-pong ball! 🎢
22,771: The strong support zone, where buyers keep jumping in like it's a stock market Black Friday sale! Every dip near this level has been met with aggressive buying, preventing Nifty from crashing further.
24,222: The stubborn resistance, acting like an unbreakable glass ceiling! Every attempt to break above this level has been met with sellers dumping stocks faster than a hot potato.
What’s Making Nifty Go Crazy? 🤯
FII vs. DII Battle – Foreign investors are playing tug-of-war with domestic bulls, creating wild intraday swings.
Global Madness – US inflation, Fed meetings, and geopolitical jitters are keeping traders on edge.
Sectoral Drama – IT stocks rally one day, then banks steal the show the next—market rotations are messing with momentum.
Option Writers’ Paradise – With such a tight range, option sellers are making a killing while retail traders get whipsawed!
💥 If Nifty breaks 24,222, expect fireworks and a possible rally. But if 22,771 cracks, brace for panic selling! 🚀📉
What’s your take—breakout or another round of consolidation? 🔥