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Harmonic Patterns

NIFTY 50 VIEW Nifty at support now let's see what will happen as per my view is near support if it fall from recent support next support levels are shown here in green colored line and resistances in red color and chart tells me that here is inverse HEAD & SHOULDER pattern,What if it's neck line broken sure it will go to kiss next supports.And there is gann fan intersecting right opposit gann fan .Stake decition carefully it is not my buy or sell call my resistance line worked very well which i posted for BITCOIN. Thanks to all for your kind support.
NSE:NIFTYLong
by OM-MADY-stockmarketclasses
#Nifty directions and levels for January 27th:Good Morning, friends! 🌞 Here are the market directions and levels for January 27th: Market Overview: There have been no significant changes in the global markets, which are still maintaining a bullish sentiment (based on the Dow Jones). However, our local market is showing a bearish sentiment. > The Nifty is showing a long gap-down start. If this sustains, structurally, we can expect the correction to continue with some minor pullbacks. Based on the wave structure, this long gap-down could extend into the 3rd sub-wave of the correction. Typically, the 3rd wave is the longest leg of an impulse, so we can expect a prolonged correction. This is the structural sentiment. > On the other hand, the budget announcement is just a few days away, and experts are expecting high volatility. This means there is no clear direction—if the market goes down, it could recover at any point, and if it goes up, it may eventually reverse. Therefore, the sentiment is a bit difficult to predict. In light of this, we can apply a simple trading method: > as long as the 38% Fibonacci level in the minor swing holds, the correction is likely to continue in the current direction. If this level breaks, we can expect a reversal. This is just my opinion based on my limited experience. If you have any better ideas, please share them with me so we can discuss them in this community. However, all the chart structures are based on Elliott Wave theory and Fibonacci levels that we regularly update, so you can follow them without any doubts. Have a nice day!
NSE:NIFTY
by Manickamtraders
#Banknifty directions and levels for January 27th: > The Nifty is showing a long gap-down start. If this sustains, structurally, we can expect the correction to continue with some minor pullbacks. Based on the wave structure, this long gap-down could extend into the 3rd sub-wave of the correction. Typically, the 3rd wave is the longest leg of an impulse, so we can expect a prolonged correction. This is the structural sentiment. > On the other hand, the budget announcement is just a few days away, and experts are expecting high volatility. This means there is no clear direction—if the market goes down, it could recover at any point, and if it goes up, it may eventually reverse. Therefore, the sentiment is a bit difficult to predict. In light of this, we can apply a simple trading method: > as long as the 38% Fibonacci level in the minor swing holds, the correction is likely to continue in the current direction. If this level breaks, we can expect a reversal.
NSE:BANKNIFTY
by Manickamtraders
EURUSD NEXT POSSIBLE MOVE SAXO:EURUSD ### **EUR/USD DAILY OUTLOOK - JAN 24, 2025: SELL OPPORTUNITY** --- **Market Pulse** The EUR/USD pair is under renewed bearish pressure as the U.S. dollar gains strength amid hawkish Federal Reserve sentiment and weaker-than-expected Eurozone economic data. Risk-off sentiment in global markets further supports the dollar's safe-haven appeal. --- ### **SELL ENTRY POINTS** **Entry Levels:** - **Sell Limit:** 1.0420 (near intraday resistance). - **Sell at Market:** 1.0390 (after bearish confirmation). **Target Levels:** - **Take Profit 1 (TP1):** 1.0350 - **Take Profit 2 (TP2):** 1.0310 **Stop Loss:** - **Above Resistance:** 1.0450 --- ### **Key Technical Signals 🔍** - **Trend:** Bearish continuation as price remains below key EMAs. - **RSI:** Below 45, indicating bearish momentum. - **MACD:** Negative divergence, signaling continued downside pressure. - **EMA:** Price trading below the 20 and 50-day EMAs, confirming bearish bias. --- ### **Global News Impact 🌐** - **Hawkish Fed:** Federal Reserve officials reiterate their commitment to higher interest rates to combat inflation, boosting the dollar. - **Eurozone Data:** Poor economic sentiment indicators weigh on the Euro, adding to the pair's downside pressure. --- ### **Market Sentiment 📊** - **Forex Client Sentiment:** 58% long, 42% short, suggesting a contrarian bearish signal. - **Myfxbook Sentiment:** 71% long, 29% short, heavily bullish sentiment could signal more downside. --- ### **Risk-Reward Ratio** - **1:2** for short-term targets. - **1:3** for extended bearish moves. --- ### **Your Move** Look for selling opportunities around resistance levels and confirm bearish price action before entering. Monitor U.S. data releases, including jobless claims and PMI, which could impact dollar strength. *Disclaimer: Trading involves significant risk. Ensure proper risk management practices are in place.*
Short
by RBSBALA
Cyient Tech Ltd Correction Ka Pattern Note Karen Sirf **Cyient Limited** Founded in 1991 by B.V.R. Mohan Reddy, Cyient Limited is a global technology solutions company based in Hyderabad, India. The company is renowned for its expertise in engineering, manufacturing, data analytics, digital technology, and geographic information systems (GIS). Initially established as Infotech Enterprises Limited, it rebranded to Cyient in 2014. ### Key Offerings and Capabilities Cyient specializes in providing innovative, technology-driven solutions across various industries, focusing on enabling clients to achieve digital transformation and sustainability goals. Its primary areas of expertise include: 1. **Engineering Solutions** Comprehensive services in product design, lifecycle management, and value engineering. 2. **Manufacturing Services** Supporting companies with precision manufacturing, assembly, and testing. 3. **Digital Solutions** Advanced capabilities in analytics, IoT, cloud computing, artificial intelligence, and machine learning. 4. **Geospatial Services** Expertise in GIS mapping, data processing, and spatial analytics. 5. **Network and Operations** End-to-end services in telecom, including network design, deployment, and maintenance. ### Industry Focus Cyient serves a broad range of industries, including: - **Aerospace & Defense** - **Rail Transportation** - **Healthcare & Life Sciences** - **Energy & Utilities** - **Semiconductors** - **Telecommunications** - **Automotive** - **Mining** ### Global Presence Cyient operates in over 20 countries, with delivery centers and design hubs strategically located across North America, Europe, Asia, and Australia. The company collaborates with leading global clients, including Fortune 500 companies, to deliver custom solutions tailored to their needs. ### Key Milestones and Acquisitions - **2015**: Acquired Rangsons Electronics to strengthen its capabilities in electronics manufacturing. - **2022**: Expanded its digital transformation services with acquisitions in AI and IoT-focused firms. ### Financial Highlights (2024) - **Revenue**: Approximately $871 million (FY 2024). - **Workforce**: Over 15,000 employees globally. ### Leadership - **Karthikeyan Natarajan**: CEO - **Krishna Bodanapu**: Vice Chairman and MD ### Vision and Mission Cyient aims to enable a **sustainable, autonomous, and digital future** for its clients through cutting-edge technological solutions. The company actively supports innovation in smart cities, clean energy, and connected technologies. ### Stock and Market Presence - **Ticker Symbol**: CYIENT - **Listed on**: National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) For more details, you can explore their official website: (www.cyient.com).
NSE:CYIENT
by TheGoldenFarmsofEquity
Axis Bank On Daily Time Frame Bullish ViewAxis Bank Limited, established in 1993 as UTI Bank and rebranded in 2007, is India's third-largest private sector bank. Headquartered in Mumbai, Maharashtra, the bank offers a comprehensive range of financial services to diverse customer segments, including large and mid-sized corporates, small and medium-sized enterprises (SMEs), agriculture, and retail businesses. ( (www.axisbank.com)) **Key Financial Highlights:** - **Revenue:** As of the fiscal year ending March 31, 2024, Axis Bank reported significant revenue growth, reflecting its strong market position. - **Net Income:** The bank's net income for the same period demonstrated robust profitability, underscoring its effective financial strategies. - **Total Assets:** Axis Bank's total assets have seen substantial growth, reinforcing its status as a leading financial institution in India. **Branch Network and International Presence:** As of September 2024, Axis Bank operates a vast network of 5,577 branches and extension counters, along with 16,026 ATMs and cash recyclers across India. The bank also has a significant international presence, with branches in Singapore, Hong Kong, Dubai (at the DIFC), Shanghai, and Colombo, as well as representative offices in Dhaka, Dubai, Sharjah, and Abu Dhabi. Additionally, Axis Bank has a wholly-owned subsidiary in the United Kingdom, Axis Bank UK Limited. ( (en.wikipedia.org)) **Services Offered:** - **Retail Banking:** Axis Bank provides a wide array of services, including savings and current accounts, fixed deposits, loans (home, personal, auto), credit and debit cards, and digital banking solutions. - **Corporate Banking:** The bank offers services such as corporate loans, trade finance, treasury services, and cash management solutions to large and mid-sized corporates. - **SME Banking:** Customized financial products and services are available to meet the unique needs of small and medium-sized enterprises. - **Agricultural Banking:** Axis Bank supports the agricultural sector with specialized products like Kisan Credit Cards, agricultural loans, and investment advisory services. **Leadership:** - **Chairman:** Shri Rakesh Makhija - **Managing Director & CEO:** Amitabh Chaudhry Under their leadership, Axis Bank has continued to strengthen its position in the banking sector. ( (en.wikipedia.org)) **Awards and Recognitions:** Axis Bank has received numerous accolades, including: - 'Bank of the Year in India' by The Banker Magazine, Financial Times - 'Most Trusted Private Sector Bank' in the 'Most Trusted Brand Survey' conducted by Brand Equity, Economic Times - 'Best Domestic Bank in India' by Asiamoney Best Banks These awards highlight the bank's commitment to excellence in financial services. ( (www.axisbank.com)) With a strong legacy and a comprehensive suite of services, Axis Bank continues to play a pivotal role in India's banking industry, catering to the diverse financial needs of its customers.
NSE:AXISBANKLong
by TheGoldenFarmsofEquity
Tata Moters On Daily Time Frame AnaylysisTata Motors Limited, established in 1945 as the Tata Engineering and Locomotive Company (TELCO), is an Indian multinational automotive manufacturer headquartered in Mumbai, Maharashtra. As a flagship entity of the Tata Group, the company has evolved into a leading global automobile producer, offering a diverse range of vehicles including cars, utility vehicles, buses, trucks, and defense vehicles. ( (www.tatamotors.com)) **Global Presence and Operations** Tata Motors operates in over 175 countries, with a significant international footprint. The company has manufacturing and assembly facilities in India, Argentina, South Africa, the United Kingdom, and Thailand. Additionally, it maintains research and development centers in India, South Korea, the United Kingdom, and Spain. ( (en.wikipedia.org)) **Subsidiaries and Joint Ventures** The company's notable subsidiaries include: - **Jaguar Land Rover**: A British luxury vehicle manufacturer. - **Tata Daewoo**: A South Korean commercial vehicle manufacturer. Tata Motors has also established joint ventures with: - **Hitachi**: Forming Tata Hitachi Construction Machinery. - **Stellantis**: Producing vehicle parts for Fiat Chrysler and Tata-branded vehicles. ( (en.wikipedia.org)) **Market Position** In the commercial vehicle segment, Tata Motors holds the position of India's largest manufacturer, offering a comprehensive product and service portfolio across cargo and public transportation sectors. In the passenger vehicle market, the company ranks third in India. Notably, Tata Motors is a pioneer in India's electric vehicle (EV) transition, leading the market with a diverse range of integrated and smart e-mobility solutions. ( (www.tata.com)) **Financial Highlights** As of the fiscal year 2023, Tata Motors reported a sales volume of 1,335,819 units on a consolidated basis, including figures from its joint venture with Chery Jaguar Land Rover (CJLR). The company employs approximately 81,811 individuals globally. ( (www.tatamotors.com)) **Leadership** The company's leadership includes Natarajan Chandrasekaran as the Chairman and P.B. Balaji as the Chief Financial Officer. ( (en.wikipedia.org)) **Recent Developments** In March 2024, Tata Motors announced a significant restructuring plan to split into two separate listed entities. This strategic move aims to enhance operational efficiencies and focus on distinct business segments, allowing each entity to pursue tailored growth strategies and attract specific investor bases. ( (en.wikipedia.org)) In January 2025, Tata Motors revealed plans to leverage locally-produced batteries to maintain its competitive edge in the EV market. The Tata Group is investing $1.5 billion in a battery gigafactory, expected to commence production in 2026, enabling greater control over lithium-ion battery supply and reducing costs. ( (www.reuters.com)) For more detailed information, you can visit Tata Motors' official website: ( (www.tatamotors.com))
NSE:TATAMOTORSLong
by TheGoldenFarmsofEquity
Cyient India Big Fall Is Not Enough Ready For 925+ RsCyient Limited, established in 1991 by B.V.R. Mohan Reddy in Hyderabad, India, is a global technology company specializing in engineering, manufacturing, data analytics, networks, and operations. Originally named Infotech Enterprises Limited, the company rebranded to Cyient in 2014. ( (en.wikipedia.org)) As of 2014, Cyient provided software-enabled engineering and geographic information system (GIS) services. By February 2017, the company employed approximately 14,000 individuals across 21 countries in Asia, Europe, and North America. ( (en.wikipedia.org)) In 2015, Cyient acquired a 74% stake in Rangsons Electronics Pvt Ltd, a Mysuru-based electronics system design and manufacturing services company, subsequently renaming it to Cyient DLM. ( (en.wikipedia.org)) Cyient partners with over 300 customers, including 40% of the top 100 global innovators, to deliver intelligent engineering and technology solutions aimed at creating a digital, autonomous, and sustainable future. ( (www.cyient.com)) The company's capabilities encompass digital, engineering, manufacturing, semiconductor, geospatial, management consulting, and enterprise private networks. It serves various industries, including aerospace and defense, healthcare and life sciences, mining, rail transportation, semiconductor, geospatial, energy, and others. ( (www.marketscreener.com)) As of March 31, 2024, Cyient reported annual revenue of $871 million. ( (tracxn.com)) The company's leadership includes Karthikeyan Natarajan as the Chief Executive Officer. ( (en.wikipedia.org)) Cyient is publicly traded on the National Stock Exchange of India under the ticker symbol CYIENT. ( (www.cyient.com)) For more detailed information, you can visit Cyient's official website: ( (www.cyient.com))
NSE:CYIENTShort
by TheGoldenFarmsofEquity
Cyient ltdCyient Limited, established in 1991 by B.V.R. Mohan Reddy in Hyderabad, India, is a global technology company specializing in engineering, manufacturing, data analytics, networks, and operations. Originally named Infotech Enterprises Limited, the company rebranded to Cyient in 2014. ( (en.wikipedia.org)) As of 2014, Cyient provided software-enabled engineering and geographic information system (GIS) services. By February 2017, the company employed approximately 14,000 individuals across 21 countries in Asia, Europe, and North America. ( (en.wikipedia.org)) In 2015, Cyient acquired a 74% stake in Rangsons Electronics Pvt Ltd, a Mysuru-based electronics system design and manufacturing services company, subsequently renaming it to Cyient DLM. ( (en.wikipedia.org)) Cyient partners with over 300 customers, including 40% of the top 100 global innovators, to deliver intelligent engineering and technology solutions aimed at creating a digital, autonomous, and sustainable future. ( (www.cyient.com)) The company's capabilities encompass digital, engineering, manufacturing, semiconductor, geospatial, management consulting, and enterprise private networks. It serves various industries, including aerospace and defense, healthcare and life sciences, mining, rail transportation, semiconductor, geospatial, energy, and others. ( (www.marketscreener.com)) As of March 31, 2024, Cyient reported annual revenue of $871 million. ( (tracxn.com)) The company's leadership includes Karthikeyan Natarajan as the Chief Executive Officer. ( (en.wikipedia.org)) Cyient is publicly traded on the National Stock Exchange of India under the ticker symbol CYIENT. ( (www.cyient.com)) For more detailed information, you can visit Cyient's official website: ( (www.cyient.com))
NSE:CYIENTShort
by TheGoldenFarmsofEquity
XAUUSD MONDAY MARKET OPENING PROJECTION 26.01.24he chart illustrates an analysis of Gold Spot (XAU/USD) on a 1-hour timeframe, with a detailed projection for Monday's market opening on January 26, 2025. Key elements of the chart include: Price Levels: Current Price: $2,770.885. Target Price: $2,785.816. Stop Loss: $2,755.726. Support Level: Around $2,766.852, marked by a 38.2% Fibonacci retracement line. Technical Indicators: Stochastic Oscillator (5,3): Indicates oversold conditions, with values of 16.24 and 20.94. Relative Strength Index (RSI): Shows a neutral reading of 52.22, suggesting no strong directional bias. Projection: The blue arrow anticipates a bullish movement from the current price toward the target price after a potential bounce near the $2,766.852 support zone. A bearish scenario is mitigated with a stop loss at $2,755.726. Context: The analysis implies a buying opportunity around the support zone, aiming for a potential upward move. This chart represents a calculated setup for traders, combining Fibonacci levels and momentum indicators to define a strategy for Monday's market session.
OANDA:XAUUSDShort
by kripsonfx97
Bajaj Consumer is Trade Near Accumulation ZoneBajaj Consumer Care Ltd., formerly known as Bajaj Corp Ltd., is a prominent Indian consumer goods company specializing in hair care and skin care products. Established in 1930, it operates as a subsidiary of the Bajaj Group, a diversified conglomerate founded by Jamnalal Bajaj in 1926. ( (en.wikipedia.org)) **Management Team:** - **Kushagra Bajaj**: Non-Executive Chairman - **Jaideep Nandi**: Managing Director - **Dilip Kumar Maloo**: Director of Finance and Chief Financial Officer - **Rajesh Menon**: Chief Technology Officer - **Pankaj Nigam**: Chief Technology Officer ( (www.marketscreener.com)) **Business Overview:** Bajaj Consumer Care is renowned for its flagship product, Bajaj Almond Drops Hair Oil, which holds a significant market share in India's light hair oil segment. In 2013, the company expanded its portfolio by acquiring the skincare brand NOMARKS. ( (en.wikipedia.org)) **Employee Strength:** As of March 2024, Bajaj Consumer Care employed approximately 909 individuals. ( (en.wikipedia.org)) For more detailed information, you can visit the company's official website: ( (www.bajajconsumercare.com))
NSE:BAJAJCONLong
by TheGoldenFarmsofEquity
cyient india crash update Cyient Limited, established in 1991 and headquartered in Hyderabad, India, is a global engineering and technology solutions company specializing in geospatial services, engineering design, information technology solutions, and data analytics. ( (www.marketscreener.com)) **Management Team:** - **Karthikeyan Natarajan**: Chief Executive Officer since April 2023. - **Prabhakar Atla**: Director of Finance and Chief Financial Officer since April 2023. - **Rajaneesh Kini**: Chief Technology Officer since October 2021. - **Sudheendhra Putty**: Compliance Officer since August 2012. ( (www.marketscreener.com)) **Business Overview:** Cyient operates in several key sectors: - **Digital, Engineering & Technology (DET)**: Offers services in geospatial solutions, engineering design, and IT solutions. - **Design Led Manufacturing (DLM)**: Provides electronic manufacturing services. The company serves clients across North America, Europe, and the Asia-Pacific region, including India. ( (www.marketscreener.com)) **Employee Strength:** As of March 31, 2024, Cyient employed approximately 12,733 individuals. ( (stockanalysis.com)) For more detailed information, you can visit Cyient's official website:
NSE:CYIENTShort
by TheGoldenFarmsofEquity
HARMONIC AB=CD PATTERN IN TRENTThe chart shows a significant downtrend from point A to B, followed by a corrective rally to C, and then a sharp decline to D. The market appears to be completing its harmonic pattern at point D, suggesting potential for a reversal. Fibonacci Levels: AB retracement: The rally from point B to C aligns with the 0.601 Fibonacci retracement, which is consistent with harmonic setups. BC projection: The movement from C to D aligns closely with a 1.618 Fibonacci extension of the BC leg, which often signifies a pattern's completion. Reversal Zone at Point D: Point D marks the potential PRZ (Potential Reversal Zone), where buying interest might emerge. The price at D (₹5,490.45) aligns with key confluence levels of Fibonacci projections and prior supports. Expected Price Movement: Post pattern completion at point D, the price is expected to reverse upward, as indicated by the black arrow. The initial target might be the 0.382 to 0.618 retracement of the CD leg, typically aligning with harmonic trading strategies. Trading Implications: Bullish Reversal: Point D suggests a high-probability bullish reversal zone. Stop Loss: A stop loss could be placed slightly below the D point to manage risk. Profit Target: Potential targets could include: ₹6,000 - ₹6,250 (near the first Fibonacci retracement levels). Higher levels depending on market strength. Conclusion: This harmonic pattern likely signals a buying opportunity at the current level (₹5,490). Traders should monitor price action near point D for confirmation, such as bullish candlestick patterns, before entering a position. THIS IS EDUCATIONAL PURPOSES ONLY.
NSE:TRENTLong
by Imdx_HKR
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