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ready to chill VOLTASStock Overview Stock Name: Voltas Ltd. Exchange: NSE (National Stock Exchange of India) Current Price: 1,145.45 INR Chart Timeframe: 1M (Monthly) Company Business Profile: Voltas Ltd. is an Indian multinational company that provides engineering solutions for a wide spectrum of industries in areas such as heating, ventilation, air conditioning, refrigeration, electro-mechanical projects, and textile machinery. Candlestick Pattern Analysis The chart shows a prominent uptrend followed by a correction phase. There is a visible bullish engulfing pattern around point 'a', indicating a potential reversal from the downtrend. Additionally, there is a bearish engulfing pattern near point 'b', suggesting a possible short-term top. Key Levels Support (Yellow Zone): 1,188.55 INR Swing Zone (Green Zone): 1,326.15 INR Target Levels (T): Target 1: 1,881.35 INR Target 2: 2,084.25 INR Target 3: 2,342.70 INR Technical Indicators RSI (Relative Strength Index): The RSI is currently at 55.08, which is in the neutral zone. This suggests that the stock is neither overbought nor oversold, indicating a balanced momentum. Volume Trends The volume trends show a significant spike during the initial uptrend, which is a positive sign of strong buying interest. However, there is a noticeable decline in volume during the correction phase, suggesting a lack of selling pressure. This could indicate that the correction might be temporary and the uptrend could resume. Sector and Market Context Voltas Ltd. operates in the engineering and air conditioning sector, which has shown resilience and growth potential in recent years. The overall market trend has been bullish, with the NSE index showing a steady uptrend. Voltas Ltd.'s performance is in line with the sector and market trends, indicating a strong position within its industry. Risk Considerations Possible risks include market volatility, changes in government policies, and economic conditions that could impact the engineering and air conditioning sector. Additionally, global supply chain disruptions and fluctuations in raw material prices could affect the company's performance. Analysis Summary Voltas Ltd. is currently in a correction phase after a strong uptrend. The technical indicators suggest a balanced momentum with no immediate signs of overbought or oversold conditions. The volume trends indicate strong buying interest during the uptrend and a lack of selling pressure during the correction. The stock is well-positioned within its sector and the overall market trend is positive. However, investors should be aware of potential risks and market conditions that could influence the stock's movement.
NSE:VOLTASLong
by TechnicalAnalystSucrit
2
Probability Trade Plan for Bharti Airtel : Latest Daily AnalysisMarket Context & Key Levels Current Price: 1630.70 Key Resistance Levels: 1643.50 → 1673.45 → 1705.25 → 1746.10 Key Support Levels: 1590.50 → 1546.75 → 1474.00 → 1454.90 🎯 High-Probability 📌 Trade Setup #1: Bearish Rejection from 1643.50 Entry: 1643.50 - 1645 zone (Bearish Order Block & 0.618 retracement). Stop-Loss: Above 1655 (To avoid false breakouts). *Target 1: 1590.50 (First Bullish Order Block). *Target 2: 1546.75 (Major Bullish Order Block). *Target 3: 1474.00 (Final extended target). 💡 Confirmation: If price fails to break 1643.50 and shows bearish rejection candles (e.g., Doji, Engulfing, or Pin Bar), the probability of a drop increases. Doji reformation on week end 7 march 2025 📌 Trade Setup #2: Breakout & Retest Above 1643.50 (Bullish Case) Trade Type: Buy (Breakout Confirmation) Entry: Buy above 1650 after a confirmed breakout. Stop-Loss: Below 1630 (Ensuring false breakout protection). *Target 1: 1673.45 (Next Bearish Order Block). *Target 2: 1705.25 (Major Resistance). *Target 3: 1746.10 *(Extended Target if momentum is strong).Probability: Medium to High (Only if price closes strongly above 1645). 💡 Confirmation: Watch for strong bullish candles (Marubozu, Engulfing, or Breakout Retest Structure) above 1645 before entering. 📌 Trade Setup #3: Buy from Strong Support at 1590.50 Trade Type: Buy (Buy on Dip) Entry: 1590 - 1595 zone (Bullish Order Block). Stop-Loss: Below 1575 (To avoid further downside risk) *Target 1: 1630.70 (Current resistance). *Target 2: 1643.50 (Bearish Order Block). *Target 3: 1673.45 (Major Target). *Probability: High (Buying near strong demand zones increases chances of a bounce). 💡 Confirmation: Look for bullish reversal candles (Pin Bar, Hammer, or Engulfing Candle) near 1590 before entering. Disclaimer: This analysis is for educational purposes only and not financial advice. Trading involves risk, and past performance does not guarantee future results. Do your own research, use risk management, and consult a financial advisor before making decisions. Trade at your own risk.
NSE:BHARTIARTL
by ALICEBLUE
ready to move JUBILANT INGREVIIA"Jubilant Ingrevia Ltd. Weekly Chart Analysis with Fibonacci Retracement Levels and RSI Indicator" The image shows a weekly candlestick chart of Jubilant Ingrevia Ltd. (NSE) with Fibonacci retracement levels, trend lines, and the Relative Strength Index (RSI) indicator. The chart highlights key price levels, including support and resistance zones, and potential target levels (T1, T2, T3) based on Fibonacci extensions. The RSI indicator at the bottom shows a value of 48.24, indicating a neutral momentum. The chart is published on TradingView and provides a technical analysis perspective for traders and investors.
NSE:JUBLINGREALong
by TechnicalAnalystSucrit
3
Positional or Longterm Opportunity in JSW EnergyGo Long @ 506.8 for Targets of 634.35, 709.75 and 777.4 with SL 439.15 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. Besides, a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.5 Fibonacci level. 3. In addition to this there is a strong demand zone (marked with purple) which earlier was acting like resistance but now is providing support to the stock.
NSE:JSWENERGYLong
by Nimish_Ghagare
2
Positional Opportunity in AptusGo Long @ 304.15 for a Target of 382.6 with SL 278 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Besides, a bullish candlestick pattern Bullish Hammer (marked with orange) is formed around the 0.618 Fibonacci level. 3. Also there is a strong Trendline (marked with green color) which supports the stock.
NSE:APTUSLong
by Nimish_Ghagare
Coforge-A perfect watchlist stock!Coforge is an IT services company providing end-to-end software solutions and services and is among the top-20 Indian software exporters according to Screener data. Stock has give 20% compounded sales growth in last 5 years which is quite remarkable. Hence, It can be a good stock to be kept in watchlist for medium to long term. Stock had given breakout of cup and handle pattern in weekly time frame and is now retesting the same. Stock has formed a kind of morning star pattern at the retest support zone. Need to watch if it sustains above this zone. As you can see, retest zone also coincides with 50% fib retracement which makes it even stronger. If we see good buying in this stock from here, we can see ATH levels soon and even bigger levels in coming years. However, If stock goes below 61.8% retracement, it is not advisable to hold.
NSE:COFORGELong
by chartistamey
13
Nifty 50 - Mar 2025 view - Is the correction over?If you have followed my last 2 views of Nifty50, you would be smiling definitely only if you didn't have any swings open. We have seen a good correction in market since September 2024. It was much needed in market since 2022 , we have seen an extended move in Indian markets. I know mid and smallcaps have corrected more than 20% but they were bound for it because of overvaluation. We are in a slowdown phase of economy and earnings of those company wont match expectations. Coming back to Nifty50, is the correction over? IAnswe is cant be sure but 1 thing is definite, 21800-22000 will act as strong demand zone as we have seen a quick 600 points jump from 22000. However, I will suggest to wait for confirmation for any new swings. What next? Nifty might be retesting 22800 breakdown. It can fall again towards 21800 and if it breaks 21800 which looks very less probable, 21000-21200 is a very very strong demand zone which should be the last zone for correction. If Nifty manages to jump from 22000, it will be formation of W pattern(double bottom) which will be a sign of reversal. That's when you can start accumulating. Expecting March to be sideways to bearish again. We might see a selling due to people booking losses for tax harvesting. If 21800-22000 holds in March, we can see buying in April which will take it to 23900. Be patient. Start analyzing stocks for accumulating. Stay healthy and wealthy!
NSE:NIFTY
by chartistamey
MRF Finds Strong Support After Severe Correction Topic statement: MRF has experienced a sharp correction in recent months, with the stock finding strong support at the retracement level and indicators are giving an oversold opportunity. Key points: - Stock has corrected to the 61.8% retracement level at 1,08,000, providing strong support - Strong support is also seen at the emotional level of 1,00,000 - Price is on the 180-day moving average - Weekly MFI is at 28, indicating the stock is very oversold
NSE:MRFLong
by yogeshwar
2
BIOCON ready to moveCompany Overview Biocon Limited is an Indian biopharmaceutical company that focuses on the research, development, and manufacturing of innovative therapies. It specializes in areas such as biosimilars, novel biologics, complex generics, and specialty formulations. With a strong emphasis on affordability and accessibility, Biocon aims to provide healthcare solutions that address unmet medical needs. Price Chart Analysis Current Price: ₹245.85 Trend: The stock is currently in a consolidation phase with potential for an upward breakout. Target Levels: ₹270 (T1) ₹290 (T2) ₹310 (T3) Levels: Primary Support Zone: ₹207- ₹131 Swing Zone: ₹304- ₹261 Technical Indicators Relative Strength Index (RSI): The RSI value is 55.30, indicating the stock is upward momentum. Volume: 8.2M (Current period) Key Observations Current Price: ₹245.85 Price Change: +₹5.25 (+2.18%) Volume: 8.2M Timeframe: March 6, 2025 The stock is trading within a consolidation phase, suggesting potential for an upward breakout. The RSI indicates bullish momentum, suggesting buying side. The volume indicates a healthy level of trading activity, supporting the current price movement. Earnings Overview Q3 FY25 Net Profit: ₹320 crore Q3 FY24 Net Profit: ₹280 crore Revenue Growth: 14% increase to ₹1,450 crore Key Highlights: Biocon reported a net profit of ₹320 crore in Q3 FY25, compared to ₹280 crore in the same quarter last year. The company's revenue grew by 14%, driven by strong performance in biosimilars and novel biologics segments. Biocon continues to focus on expanding its global footprint and increasing its market share in key therapeutic areas. Conclusion Biocon Ltd. is showing signs of potential upward movement, with key resistance levels ahead. The slight overbought RSI suggests that there is some room for further upward movement, but caution is advised for short-term traders. Investors should watch for potential breakouts above the resistance levels and monitor the support zones for any signs of reversal.
NSE:BIOCONLong
by TechnicalAnalystSucrit
LTIM: Sideways Consolidation Continues After Strong 2021 RallyLTIM has been trading in a well-defined range since its 2021 bull run, with strong support and resistance levels dictating its movement, between 4000 and 7000. Key points: 1. The stock faces heavy resistance at 6800, as the 23.6% retracement level acts as a strong barrier. 2. Price consistently finds support at the 50% retracement level and has bounced back from this level multiple times. 3. The stock is currently near the 50% retracement level and trading below the 180-day exponential moving average, making it oversold.
NSE:LTIMLong
by yogeshwar
SBIN: Holding Strong Amid Market Weakness but Facing Further DowTopic Statement: SBIN has experienced a relatively minor correction compared to the broader market, but technical indicators suggest the possibility of further downside. Key points: 1. The stock has corrected to the 23.6% retracement level and attempted to break below but has reverted to this level. 2. Price is near the 180-day moving average, signaling a crucial support zone. 3. Weekly RSI is at 38, indicating persistent selling pressure, with a potential decline to the 38.2% retracement level at 612.
NSE:SBIN
by yogeshwar