Univastu- Broke out of an Ascending Channel.Stock Analysis: UNIVASTU INDIA LTD
Trend: The stock is currently in an uptrend.
Breakout: It has successfully broken out of an ascending channel.
Pattern: Forming a Volatility Contraction Pattern (VCP).
Volume: The breakout is accompanied by high volume and a wide-range bullish candle.
Entry Point
Trigger: Above ₹302.
Confirmation: Wait for a daily close above this level before entering.
Stop Loss
SL: ₹262 (Deep SL).
Current Market Price (CMP)
₹312.45 (Almost at the upper circuit).
Buy only test quantities to observe performance.
Avoid large trades due to current weakness in the broader market.
Focus on buying stocks with strong structures in small quantities to build a test portfolio.
This approach will help gauge the overall market trend and prepare for potential reversals.
Note
When the broader market bottoms out and reverses, structurally strong stocks like this one have the potential for significant upside moves. Exercise caution and patience in the current market environment.
.
Chart Patterns
Bitcoin's Range Game: Stuck Between 90K and 100KThere's a clear resistance level at $100,000 (red horizontal line)
Three recent rejections from the $100K level (marked with red circles)
We have a support zone around $90-92K (marked in green)
The market has been making higher lows since November, indicating an overall bullish trend.
Recent price action shows formation of liquidity pools above $100K
Multiple attempts to break $100K suggest accumulation at these levels
The quick rejections from $100K could indicate stop-loss hunting by larger players
Volume profile (shown at bottom) indicates decreased volume during recent moves
Short-term (1-2 weeks):
Likely consolidation between :92 K-100K range
$100K remains a significant psychological resistance
Watch for false breakouts above $100K which could trap retail buyers
Mid-term (1-3 months):
Bullish bias as long as $90K support holds
Potential for a decisive break above $100K after sufficient accumulation
Key to watch institutional flow and spot market demand
Long-term (6+ months):
Overall structure remains bullish with higher lows
$100K level likely to be broken after sufficient consolidation
Major support zone at $90-92K needs to hold for continued uptrend
Key levels to watch:
Major resistance: $100,000
Current support: $92,000
Critical support: $90,000
EURGBP TURTLE SOUP The turtle soup strategy identifies potential trading opportunities by looking for patterns where price briefly breaks above or below a short-term high or low before reversing direction. To use this strategy successfully, traders must analyze charts to identify areas of high liquidity, such as order blocks, fair value gaps, and relative equal lows, at different time frames in order to anticipate these reversals.
Option trading Options 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.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Option chainAn option chain is a list of all available options contracts for a specific security. It's a vital tool for investors and traders in the options market.
An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock.
Technical trading Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
PCBL Ltd view for Intraday 14th Jan #PCBL
PCBL Ltd view for Intraday 14th Jan #PCBL
Resistance 355 Watching above 356 for upside movement...
Support area 350 Below 350 ignoring upside momentum for intraday
Watching below 348 or downside movement...
Above 355 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Just Dial Ltd view for Intraday 14th Jan #JUSTDIAL
Just Dial Ltd view for Intraday 14th Jan #JUSTDIAL
Resistance 915 Watching above 917 for upside movement...
Support area 890 Below 905 ignoring upside momentum for intraday
Watching below 888 or downside movement...
Above 905 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Biocon Ltd view for Intraday 14th Jan #BIOCON
Biocon Ltd view for Intraday 14th Jan #BIOCON
Resistance 370 Watching above 371 for upside movement...
Support area 360 Below 365 ignoring upside momentum for intraday
Watching below 358 or downside movement...
Above 365 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Indusind Bank Ltd view for Intraday 14th Jan #INDUSINDBK
Indusind Bank Ltd view for Intraday 14th Jan #INDUSINDBK
Resistance 950 Watching above 953 for upside movement...
Support area 930 Below 940 ignoring upside momentum for intraday
Watching below 926 or downside movement...
Above 940 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
BSE - Topping out FormationTopping out formation seen on Smaller TF.
On daily/Weekly TF, price is in the 5th wave (or even 5th wave is complete)
but on Smaller TF, looks like one more high or equal high is pending.. as they say, Do not trust the 5th wave..
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Titan and the JAN to JAN cycle - History to repeat?Chart is self explanatory and purely my crazy thought/hypothesis.
Summary:
Around January 2022 the price reached the channel top and consolidates there for some time, then distribution happened for the next 12 months, until next January. During this course of correction, it had reached the channel bottom and ready to bounce up. The subsequent year it moved up non stop to hit the channel top by Jan 2024.
It again halted, distribution happened from Jan 2024 till Jan 2025. Now ready to move up.. can we expect a similar rally throughout 2025 until Jan 2026?
Time is/has the answer for everything! lets wait and watch..
Will try to come up with Wave Counts sometime later this week
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Bank nifty trades and targets - 14/1/25Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 100 points as we are getting very few trending moves.
Nifty trades and targets for - 14/1/25Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Nifty50 - Tuesday 14-01-2024 time decay + 2We expecting market to open in green with around 100-120 points in hand. There won’t be much support from HDFC but expect reliance to keep the green flag.
support 23000 ext can come down to -+ 50 points.
Resistance 23200 ext 50 downwards.
Expecting to stay neutral or downward but not long.
POLICYBZR - Bull Case vs Bear Case (Correction)Bull Case:
1. Rounding Bottom Breakout is in progress, pattern target is 2500+
2, Price is making HH/HH. Hasn't been impacted much during the market correction
3. Made a strong base at around 1500-1700 and have been moving up strongly. Dips are being bought
Bear Case:
Price is getting rejected at the 1.618% fib extension of the IPO base range.
Usually such rejections at 1.618% fib extension level, pulls back the price to breakout point. Here is an example of similar set up on LICI chart
Wave 3 seems to be completed on larger tf and a pullback is due. But no confirmation yet. Price is still making HH/HL structure, and this view is pre-emptive only.
On Short term, price consolidated around 50DEMA and gave a strong breakout . A retest to 50 DEMA cant be ruled out
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Gold Trading Strategy for 14th January 2025Detailed Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the price to close above 2673 on a 15-minute candle.
Trigger: Buy when the price moves above the high of the candle that closed above 2673.
Targets:
First Target: 2682
Second Target: 2690
Third Target: 2700
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2673 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2682, another portion at 2690, and the remaining position at 2700.
Sell Strategy:
Entry Point:
Condition: Wait for the price to close below 2652 on a 15-minute candle.
Trigger: Sell when the price moves below the low of the candle that closed below 2652.
Targets:
First Target: 2642
Second Target: 2634
Third Target: 2624
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2652 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2642, another portion at 2634, and the remaining position at 2624.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Nifty View For 14-01-25As of the close on Monday, January 13, 2025, the Nifty 50 index declined by 1.47%, closing at 23,085.95, a drop of 345.55 points from the previous close.
NSE INDIA
This downturn was influenced by several factors:
Global Economic Indicators: A robust U.S. jobs report indicated potential for fewer rate cuts by the Federal Reserve, leading to increased U.S. Treasury yields. This development has made emerging markets like India less attractive to foreign investors.
REUTERS
Foreign Portfolio Investor (FPI) Activity: There has been a significant outflow of foreign investments, with FPIs withdrawing approximately ₹213.57 billion in January. This trend has exerted additional pressure on the Indian equity markets.
REUTERS
Sector Performance: All 13 major sectors experienced declines, with notable losses in heavyweights such as HDFC Bank and Reliance Industries, which fell by 1.9% and 0.8%, respectively.
REUTERS
These factors collectively contributed to the Nifty 50's performance on January 13, 2025.
Indian Shares Decline Amid Global Economic Concerns
Reuters
Indian shares fall on concerns over fewer Fed rate cuts, slowing earnings
Here are additional reasons that contributed to the Nifty 50's decline on January 13, 2025:
1. Global Market Trends:
US Federal Reserve Policies: Concerns over fewer rate cuts by the US Federal Reserve led to a rise in US Treasury yields. This shift can make emerging markets like India less attractive for foreign investors.
Global Economic Slowdown: Worries about a slowdown in major global economies, including concerns about China's economic performance, have also impacted investor sentiment.
2. Domestic Economic Factors:
Inflationary Pressures: Rising inflation in India has led to concerns that the Reserve Bank of India (RBI) might tighten monetary policy, which can negatively impact equity markets.
Rupee Depreciation: The Indian Rupee's depreciation against the US Dollar has increased the cost of imports, which can hurt corporate profitability, especially for companies reliant on imported goods and services.
3. Earnings Season Concerns:
Weak Corporate Earnings: Expectations of weak earnings reports for the quarter from major companies in sectors like IT, financials, and consumer goods have dampened investor enthusiasm.
4. Sector-Specific Issues:
Banking Sector: Rising bad loans and provisioning for non-performing assets (NPAs) have impacted the profitability of banks, leading to declines in banking stocks.
Energy Sector: Volatility in crude oil prices and concerns about regulatory changes have affected energy companies.
5. Geopolitical Uncertainties:
Ongoing geopolitical tensions in various parts of the world can contribute to market volatility, making investors more cautious.
These combined factors created a negative sentiment in the market, leading to the decline in the Nifty 50 index.
Here are additional reasons that contributed to the Nifty 50's decline on January 13, 2025:
### **1. Global Market Trends:**
- **US Federal Reserve Policies:** Concerns over fewer rate cuts by the US Federal Reserve led to a rise in US Treasury yields. This shift can make emerging markets like India less attractive for foreign investors.
- **Global Economic Slowdown:** Worries about a slowdown in major global economies, including concerns about China's economic performance, have also impacted investor sentiment.
### **2. Domestic Economic Factors:**
- **Inflationary Pressures:** Rising inflation in India has led to concerns that the Reserve Bank of India (RBI) might tighten monetary policy, which can negatively impact equity markets.
- **Rupee Depreciation:** The Indian Rupee's depreciation against the US Dollar has increased the cost of imports, which can hurt corporate profitability, especially for companies reliant on imported goods and services.
### **3. Earnings Season Concerns:**
- **Weak Corporate Earnings:** Expectations of weak earnings reports for the quarter from major companies in sectors like IT, financials, and consumer goods have dampened investor enthusiasm.
### **4. Sector-Specific Issues:**
- **Banking Sector:** Rising bad loans and provisioning for non-performing assets (NPAs) have impacted the profitability of banks, leading to declines in banking stocks.
- **Energy Sector:** Volatility in crude oil prices and concerns about regulatory changes have affected energy companies.
### **5. Geopolitical Uncertainties:**
- Ongoing geopolitical tensions in various parts of the world can contribute to market volatility, making investors more cautious.
These combined factors created a negative sentiment in the market, leading to the decline in the Nifty 50 index. Would you like more details on any specific aspect?
Probable trend reversal in Jyoti CNC
Stock has broken out of downward channel.
Relative Strength has also given a breakout.
A variation of 3 white soldiers on daily timeframe ( good volumes visible on hourly Timeframe)
Overhead resistance is still present, so stock may go through some time and price consolidation.