Crude oil bearish engulfingOn weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated.
Target green bands 5761 as T1
Contains IO script
ABCD in Adani PortAn ABCD Harmonic pattern is under formation in the Adani Port chart with a possible price reversal at 1323.90 (which also confluences at Bhoomi's first bullish target)
We can have a short-side trading opportunity with the least SL on completion. Updates once the formation is validated on completion.
Shriram PistonAs per Elliott Wave this stock is running into 5th wave.
2700 is the target if we see 1=5.
Overall cup and handle would also make sense! but after it surpasses 2700.
FINCABLES Analysis & Prediction in WTFThis is the analysis of FINCABLES in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About FINCABLES:
Finolex Cables Ltd. engages in the manufacture and sale of electrical and telecommunication cables. It operates through the following segments: Electrical Cables, Communication Cables, Copper Rods, and Others. Its products include wires and cables, led lightings, fans, miniature circuit breakers, and water heaters. The company was founded by Kishan Parsram Chhabria and Prakash Prahlad Chhabria in 1958 and is headquartered in Pune, India.
NAUKRI –INFO EDGE Analysis & Prediction in WTFThis is the analysis of NAUKRI –INFO EDGE in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About NAUKRI –INFO EDGE :
Info Edge India Ltd. engages in the provision of Internet based services through its web portals and mobile applications. It operates through the following segments: Recruitment Solutions, Real State- 99acres, and Others. The Recruitment Solutions segment consists of Naukri and all other allied business which together provides complete hiring solutions. The Real State- 99acres segment includes property listings, builders and brokers branding and visibility through micro-sites, home page links and banners servicing real estate developers, builders and brokers. The Others segment comprises primarily Jeevansathi and Shiksha service verticals. The company was founded by Sanjeev Bikhchandani on May 1, 1995 and is headquartered in Noida, India.
TIMETECHNO Analysis & Prediction in WTFThis is the analysis of TIMETECHNO in Weekly Time Frame. Watch carefully. The chart explains itself. TIMETECHNO- Multiyear Breakout Candidate.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TIMETECHNO :
Time Technoplast Ltd. engages in the manufacture and sale of plastic products. It operates through the Polymer Products and Composite segments. The firm's products include industrial packaging, technical products, material handling and composite cylinder. Time Technoplast was founded by Anil Paraslal Jain on December 20, 1989 and is headquartered in Mumbai, India.
TATASTEEL Analysis & PredictionThis is the analysis of TATASTEEL in the weekly Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the upcoming resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TATASTEEL :
Tata Steel Ltd. is a holding company, which engages in the manufacture of iron and steel products. It operates through the following segments: Agriculture, Automotive Steels, Construction, Consumer Goods, Energy and Power, Engineering and Material Handling. Its products include Automotive Steels, Galvano, Tata Agrico, Astrum, Bearings, Pipes, Precision Tubes, Shaktee, Steelium, Tiscon and Wiron. The company was founded on August 26, 1907 and is headquartered in Mumbai, India.
ICICIGI - Weekly Chart Analysis, CMP-1684Stock is sustaining above the resistance zone(1567-1626) for 7 weeks now in 8% range. It has also closed first time above 1675 on weekly basis which it had tried to test twice, few weeks ago but failed. So this is a good sign showing strength. Volumes are decent for the past few weeks. Currently its making inside bars between a range (1611-1699) So we need a confirmation from it with a weekly close above these level with decent volumes.
Previous resistance (1567-1626)shall now act as a support. Ideally 1520 is the key level below which it will be weak. so a weekly close along with a follow through below this level would negate our study.
On the upper side first level that can be tested after closing and sustaining above 1699 would be 2085. This shall be get tested over the long term. Still an RR of more than 1:2.
It is well trading above all its key moving averages.
Once it test these levels we can study the price action further and further analyse our study thereafter. Until then let it test the 2085 levels.
Disclaimer: This is just a study and shared for learning purpose. I am not a SEBI registered analyst so before trading or investing in this counter based on the shared study please take the advice from a SEBI registered advisor. I am not responsible for any loss incurred to you if you intend to trade or invest in this stock.
Why The Crypto Bull Rally Will Continue!The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed.
The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign.
The big red candles are concerning but selling has subsided in the last 7 odd days with some pocket pivots popping up. The RS line is indecisive but gradually moving upwards. Better be long here as the trend has been heavily bullish !
The break of the inside bars on either side will confirm the trend.
DOT TO DOT LEVELS FOR NIFTY NEXT WEEK -29/03/2024Dot to dot levels for nifty next week..
trade with 5 min timeframe.
Its the range calculations for next week
happy trading. Manage risk properly. Its all about protecting your capital.
BTC - uodate
Please check the notes on the chart.
Disclaimer:
I am not a registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Thank you
E-WAVE updateE-Wave is a WXY pattern and we expect it to end before 107 . the triangle scenario is still an active scenario.
wave V(5) of 5 ?The previous analysis and scenario 2 became invalid , and I think this scenario is currently the only active scenario on this currency pair. part of 3 of a zigzag is an impulse with (5) wave. Now we are in wave V(5) of 5 , which is a terminal impulse . This wave itself is an zigzag (abc) and we have entered part of 3 of it now and we expect it to end before the range of 156. Therefore, short-term buying is a better option.
Historical Impact of Fed Interest Rates on Dow JonesThe current market cycle looks eerily similar to the 2005 - 2010 era.
Dow started going up after the last rate hike in expectation of a rate cut and eventually peaked around the time the cut started i.e. Sep 2007.
Very similar behaviour is evident in current cycle where market has been rising since the last rate hike. If the Fed cut is expected in June 2024, then there is still some upmove left, but we are close to the top.
P.S.: 1: Numbers mentioned are the rates after the said action.
2: Similar price action was developing in 2015-2020 period, however, it can't be considered as a valid reference on account of COVID crash.
HDFC Bank - Live Market Analysis
Golden opportunity for those who have not entered into the stock as yet. Wait for a level of 1446.95
Disclaimer:
I am not a SEBI Registered Analyst. It is only for educational purposes.
UPL - How to trade tomorrow
Please check the notes as mentioned on the chart. There could be volatile movement tomorrow in the down side but do not panic act as per time mentioned.
Disclaimer:
I am not a Registered Analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
UPL - Bullish
Buy with stop loss of 448 and hold big profits to reap in the days to come.
Disclaimer: I am not a SEBI registered Analyst. It is only for educational purposes. Please consult your financial advisor before making any decision, I will not be responsible for any of your profits or losses.
Rajesh Exports - How to trade tomorrow - Bullish Now
As mentioned in one of my earlier ideas, exptecting pin bar near 291, but it went upto 285. Means on the left hand side at 299.3 left shoulder has been created and head created at 385. Now, Buy above tomorrow and wait till 16th it will boom.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes only, Please consult your financial advisor before making any decision.
AVG Logistics Analysis & PredictionAVG Logistics Analysis & Prediction
This is the analysis of AVG Logistics in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the trendline with volume. If it will sustain above the breakout level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About AVG Logistics :
AVG Logistics Ltd. is a logistics company, which engages in the business of transportation, warehousing, and other value added services. The firm also focuses on the Cold Chain business and the Costal Container business divisions. The company was founded on January 25, 2010 and is headquartered in New Delhi, India.
Colgate Palmolive Breakout?Stock gave a fakeout and then a shakeout with a pullback support at 50 EMA.
Needs to generate higher volumes from here.
TDPOWERSYS: Bullish Opportunity Ahead 🚀The Essence of Technical Analysis
At the heart of trading lies technical analysis – the study of price action and market behaviour through charts and technical indicators. This method helps traders identify trends, patterns, and potential reversal points in the market. By understanding the past and present behaviour of the market, traders can make educated guesses about future price movements.
Decoding the Time Frames
LTF (Lower Time Frame) : This is used for executing trades. It offers a close-up view of recent price action, helping traders make quick decisions.
ITF (Intermediate Time Frame) : It's crucial for identifying the overall trend. This time frame balances detail and broader market perspective.
HTF (Higher Time Frame) : Essential for a broader view and zone identification. It helps in understanding the bigger picture and locating significant support and resistance zones.
Zones to Watch
Zones are footprints of institution and zones are key areas where significant price movements can originate. They are based on historical price action and include:
RBR Zones (Rally-Base-Rally) : Indicate a potential continuation of an uptrend after a consolidation.
RBD Zones (Rally-Base-Drop) : Suggest a potential downtrend following a consolidation.
DBR Zones (Drop-Base-Rally) : Signify a possible uptrend reversal after a downtrend.
DBD Zones (Drop-Base-Drop) : Point towards a continuation of a downtrend.
TDPOWERSYS's Demand Zone Analysis
Let's dive into a practical example by analyzing TDPOWERSYS, which is currently trading close to a potent Daily Time frame (Lower Time Frame) Demand Zone characterized by a Drop-Base-Rally. This zone is especially significant because, following its formation, the stock reached an all-time high. Presently, the price has returned to this zone, indicating a prime buying opportunity.
A trend analysis on the weekly time frame (Intermediate Time Frame) reveals an upward trend, and a location analysis on the monthly time frame (Higher Time Frame) shows the absence of a significant supply zone. This comprehensive analysis suggests that buying from this demand zone could be a strategic move.
Lastly, thank you for your support, your likes & comments. Remember, this analysis is for educational purposes only and not intended as a trading or investment recommendation, as I am not a SEBI registered Analyst.
DATAPATTNS - Weekly Chart Analysis, CMP-2698Breaking out of 25 week long base of 30% range, the stock is showing strength after sustaining above it for the 2 weeks now. On the monthly timeframe it has retraced to 38.20% and shown strength thereafter. On the daily timeframe we see it taking dynamic support of all the key moving averages and coming out of the resistance and retesting it again.
So now, 2372-2485 shall act as a support and on the downside the risk will be weekly close below these levels. But ideally 2250 shall be kept as risk level where a weekly close below this would negate our view in this counter.
On the upper side 3220 - 3625 - 4140 are the levels as per the trend fib that can be tested in the long term.
Disclaimer: I am not SEBI registered analyst. Also, the view shared above is my personal analysis and not a buy or sell recommendation. It is shared for learning and educational purpose. If you intend to trade or invest in this counter that i would suggest you to do your due diligence and seek guidance from your financial advisor.
BALAMINES - Weekly Chart Analysis, CMP-2337We are seeing a decent base formation of 47weeks and 31% range. Structure is currently LL-LH and established trend is currently down. But we are seeing no follow through and nice volumes spurts indicating some kind off activity. On a monthly timeframe if you see that the stock is resting between 23-38% fib levels which is very good. Also if you look at the current month volumes it has already reached the volumes levels of past 2 months right in the very first week of current month. Which can be seen on weekly timeframe as well. Huge spikes indicates smart money footprints.
It would be very early to say that trend will change and it will start its journey on the upside. Unless we get any confirmation through price action we cannot comment on it. But it should be kept in the watchlist for the coming weeks. Once it breaks the down trend line and sustains above the current week high on good volumes we will have very first indication. Price is consolidating near the key moving averages too. which act as dynamic support.
So if it manages to close above 2432 which is the current week high and sustains then 2696-2885 will be the initial levels which will be tested. And if it manages to breakout with decent consolidation and then sustain above 2885 then the structure and trend will change and upper resistance and ATH levels can be tested 4515 - 5220 thereafter.
On the downside risk is on the higher side which is around 20% and this much move has to be given if we are trading on the high timeframe like weekly. So a weekly close below 1880 will negate our whole view.
Disclaimer: I am not SEBI registered analyst. Also, the view shared above is my personal analysis and not a buy or sell recommendation. It is shared for learning and educational purpose. If you intend to trade or invest in this counter that i would suggest you to do your due diligence and seek guidance from your financial advisor.
