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Harmonic Patterns

Advanced Technical Analysis 'Support' and 'resistance' are terms for two respective levels on a price chart that appear to limit the market's range of movement. The support level is where the price regularly stops falling and bounces back up, while the resistance level is where the price normally stops rising and dips back down. Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. S&R can be used to identify targets for the trade. For a long trade, look for the immediate resistance level as the target.
NSE:BANKNIFTYEducation
by SkyTradingZone
NIFTY & Bank Nifty View For 21.03.25The NIFTY 50 is a benchmark Indian stock market index representing the performance of 50 major companies listed on the National Stock Exchange of India (NSE). Launched on April 22, 1996, with a base value of 1000 set on November 3, 1995, the index covers 13 sectors of the Indian economy, offering investors a comprehensive view of the market. citeturn0search0 **Key Features of the NIFTY 50:** - **Composition:** The index includes 50 large-cap companies across various sectors, providing a diversified representation of the Indian economy. citeturn0search0 - **Weighting Methodology:** It employs a free-float market capitalization-weighted method, ensuring that companies with higher market value have a more significant impact on the index's movement. citeturn0search0 - **Rebalancing:** The index undergoes semi-annual reviews to ensure it reflects the current market scenario, with adjustments made based on specific criteria such as liquidity and market capitalization. citeturn0search0 - **Derivatives Trading:** NIFTY 50 serves as the underlying asset for various financial products, including index funds, exchange-traded funds (ETFs), and derivatives like futures and options, facilitating diverse investment strategies. citeturn0search0 **Recent Performance:** As of March 20, 2025, the NIFTY 50 index closed at 23,033.75, marking a 0.55% increase from the previous trading session. This uptick was primarily driven by gains in information technology stocks, with companies like HCL Technologies, Tata Consultancy Services, Wipro, and Infosys each rising by approximately 2%. citeturn0news12 **Sectoral Composition:** The NIFTY 50 encompasses companies from various sectors, including: - **Financial Services:** Banks and financial institutions. - **Information Technology:** Software and IT services companies. - **Oil & Gas:** Major energy providers. - **Consumer Goods:** Producers of household and personal products. - **Automotive:** Vehicle manufacturers and related businesses. This sectoral diversity ensures that the index provides a balanced representation of the Indian economy. citeturn0search0 For real-time updates and detailed information on the NIFTY 50, you can visit the official NSE website. citeturn0search1 navlistRecent Trends in the Indian Stock Marketturn0news12,turn0news13,turn0news16
NSE:NIFTYLong
by TheGoldenFarmsofEquity
Good News : Nifty Bank Beat 200 EMA From Downwards To Upwards ### **NIFTY Bank Index Overview** The **NIFTY Bank Index** is one of the key sectoral indices on the **National Stock Exchange of India (NSE)**. It tracks the performance of the most liquid and largest Indian banking stocks, representing the banking sector's capital market performance. --- ## 🔎 **Key Details** | Attribute | Details | |---|---| | **Index Name** | NIFTY Bank | | **Launch Date** | September 15, 2003 | | **Base Date** | January 1, 2000 | | **Base Value** | 1,000 | | **Number of Constituents** | 12 | | **Calculation Frequency** | Real-time | | **Weighting Methodology** | Free-float market capitalization | | **Sector** | Banking | --- ## 📊 **Top Constituents (Weightage as of Latest Update)** The NIFTY Bank Index consists of 12 major banking stocks, including: 1. **HDFC Bank** – Largest private sector bank 2. **ICICI Bank** – Leading private sector bank 3. **State Bank of India (SBI)** – Largest public sector bank 4. **Kotak Mahindra Bank** 5. **Axis Bank** 6. **IndusInd Bank** 7. **Bank of Baroda** 8. **Punjab National Bank (PNB)** 9. **Federal Bank** 10. **IDFC First Bank** 11. **AU Small Finance Bank** 12. **Bandhan Bank**
NSE:BANKNIFTYLong
by TheGoldenFarmsofEquity
advanced option chain pcr# **Advanced Option Chain PCR** The **Put-Call Ratio (PCR)** from the option chain helps analyze market sentiment and potential reversals. ✅ **High PCR (>1.3):** Excessive put buying → **Contrarian bullish signal**. ✅ **Low PCR (<0.7):** Excessive call buying → **Contrarian bearish signal**. ✅ **Neutral PCR (0.7 - 1.3):** Market in equilibrium → Watch for breakouts. ### **Advanced Strategies** ✅ **PCR with Open Interest (OI):** High OI + extreme PCR = **stronger trend confirmation**. ✅ **PCR Divergence:** If the market rises but PCR increases → **Weak rally signal**. ✅ **Intraday PCR Shifts:** Sudden changes indicate **smart money activity**. ### **Conclusion** Advanced **option chain PCR** helps traders **gauge market sentiment, confirm trends, and refine entry-exit points** for better trading decisions. 🚀
BSE:SENSEXEducation
by SkyTradingZone
Advance Divergnce Trading# **Advanced Divergence Trading** Divergence occurs when **price action and indicators (RSI, MACD, etc.) move in opposite directions**, signaling potential reversals. **Advanced divergence strategies** help traders refine entries and exits. ## **1️⃣ Types of Advanced Divergence** ✅ **Regular Divergence (Reversal Signals):** 🔹 **Bullish:** Price makes **lower lows**, indicator makes **higher lows** → **Buy signal**. 🔹 **Bearish:** Price makes **higher highs**, indicator makes **lower highs** → **Sell signal**. ✅ **Hidden Divergence (Trend Continuation):** 🔹 **Bullish:** Price makes **higher lows**, indicator makes **lower lows** → **Trend continuation up**. 🔹 **Bearish:** Price makes **lower highs**, indicator makes **higher highs** → **Trend continuation down**. ## **2️⃣ Advanced Trading Strategies** ✅ **Multi-Timeframe Divergence:** Confirm signals across different timeframes. ✅ **Divergence with Volume & Price Action:** Stronger confirmation when paired with **support-resistance and breakout levels**. ✅ **Divergence with MACD Histogram:** Early momentum shift detection before major moves. ### **Conclusion** Advanced divergence trading helps in **predicting reversals, trend continuations, and refining trade entries**, making it a powerful tool for traders. 🚀
NSE:HDFCBANKEducation
by SkyTradingZone
technical analysis class 1| Technical Analysis – Class 1** ### **Introduction to Technical Analysis** Technical analysis is a method of evaluating financial markets by analyzing price movements, chart patterns, and indicators. Unlike fundamental analysis, which focuses on company financials, technical analysis is based purely on market data. ### **Core Principles of Technical Analysis** 1. **Price Discounts Everything** – Market prices reflect all available information, including fundamentals, news, and investor sentiment. 2. **Price Moves in Trends** – Trends can be classified as uptrend, downtrend, or sideways. Identifying trends helps traders make better decisions. 3. **History Repeats Itself** – Market patterns tend to repeat due to human psychology and behavioral tendencies. ### **Key Components of Technical Analysis** 1. **Price Charts** – The foundation of technical analysis, charts visualize price movements. Common types include: - **Line Chart** – Simplest form, showing closing prices. - **Bar Chart** – Displays open, high, low, and close (OHLC). - **Candlestick Chart** – Most popular, showing price action in a more visual manner. 2. **Support & Resistance Levels** – - **Support:** A price level where buying interest is strong enough to prevent further decline. - **Resistance:** A price level where selling pressure prevents further rise. 3. **Trend Analysis** – - **Uptrend:** Higher highs and higher lows. - **Downtrend:** Lower highs and lower lows. - **Sideways Trend:** Price moves within a range. 4. **Volume Analysis** – Confirms price trends. Increasing volume in an uptrend suggests strong momentum, while declining volume may indicate weakness. ### **Conclusion** Technical analysis provides traders with tools to analyze price trends and make informed decisions. Mastering support, resistance, trend identification, and volume analysis is key to successful trading. Would you like a more detailed breakdown or any specific topics in Class 2? 🚀📈
NSE:BANKNIFTYEducation
by SkyTradingZone
what is MACD trading ?# **What is MACD Trading?** MACD (**Moving Average Convergence Divergence**) is a trend-following momentum indicator used to identify **trend direction, strength, and potential reversals**. ## **1️⃣ Key MACD Components** ✅ **MACD Line:** Difference between the **12-day & 26-day EMA**. ✅ **Signal Line:** **9-day EMA** of the MACD line (triggers buy/sell signals). ✅ **Histogram:** Measures distance between MACD & Signal Line (momentum strength). ## **2️⃣ How to Trade with MACD** ✅ **MACD Crossover:** 🔹 **Bullish:** MACD crosses above Signal Line → **Buy signal**. 🔹 **Bearish:** MACD crosses below Signal Line → **Sell signal**. ✅ **MACD Divergence:** 🔹 **Bullish:** Price makes **lower lows**, MACD makes **higher lows** → **Uptrend reversal**. 🔹 **Bearish:** Price makes **higher highs**, MACD makes **lower highs** → **Downtrend reversal**. ### **Conclusion** MACD is a **powerful tool for trend confirmation and momentum analysis**. Using it with **support-resistance and volume** increases trade accuracy. 🚀
NSE:TCSEducation
by SkyTradingZone
What is Rsi and how to use it ?# **What is RSI and How to Use It?** The **Relative Strength Index (RSI)** is a momentum indicator that measures **overbought and oversold conditions**, helping traders identify trend strength and potential reversals. ## **1️⃣ RSI Levels & Interpretation** ✅ **Above 70:** Overbought zone → Possible **trend reversal or correction**. ✅ **Below 30:** Oversold zone → Possible **trend bounce or reversal**. ✅ **50 Level:** Midpoint indicating **trend strength** (above 50 = bullish, below 50 = bearish). ## **2️⃣ How to Use RSI in Trading** ✅ **Overbought & Oversold Trading:** Look for reversals near **70 or 30**. ✅ **Divergence Trading:** 🔹 **Bullish Divergence:** Price makes lower lows, RSI makes higher lows → **Buy signal**. 🔹 **Bearish Divergence:** Price makes higher highs, RSI makes lower highs → **Sell signal**. ✅ **RSI Trend Confirmation:** Use with **support, resistance, and moving averages**. ### **Conclusion** RSI helps traders **spot trend reversals, confirm momentum, and optimize trade entries**, making it a valuable tool for market analysis. 🚀
BSE:SENSEXEducation
by SkyTradingZone
Advanced option chain pcr# **Advanced Option Chain PCR (Put-Call Ratio)** The **Put-Call Ratio (PCR)** helps traders gauge market sentiment by comparing put option volume to call option volume. A deeper understanding of **PCR levels, open interest, and trends** can enhance options trading strategies. ## **1️⃣ Key PCR Interpretations** ✅ **PCR > 1:** More puts than calls → **Bearish sentiment** (fear in the market). ✅ **PCR < 1:** More calls than puts → **Bullish sentiment** (optimism in the market). ✅ **Neutral PCR (~0.9-1.1):** Balanced market, indicating consolidation. ## **2️⃣ Advanced PCR Analysis** ✅ **OI-Based PCR:** Analyzing **PCR with Open Interest (OI)** helps confirm **trend strength**. ✅ **PCR Trend Shift:** A sudden drop or rise in PCR indicates **potential reversals**. ✅ **Strike-Wise PCR Analysis:** Helps identify **strong support & resistance levels**. ### **Conclusion** Advanced PCR analysis, combined with **OI, volume, and price action**, provides deeper insights into market sentiment and helps traders make informed decisions. 🚀
NSE:BANKNIFTYEducation
by SkyTradingZone
BSE is Ready To Fall No Long Here BSE Ltd. (formerly Bombay Stock Exchange) is one of the oldest stock exchanges in Asia, established in 1875. It is headquartered in Mumbai, India, and serves as a major platform for trading stocks, derivatives, commodities, and other financial instruments. ### **Key Facts about BSE Ltd.:** - **Founded:** 1875 - **Headquarters:** Mumbai, India - **Benchmark Index:** **S&P BSE SENSEX** (Sensex) - **Regulator:** Securities and Exchange Board of India (SEBI) - **CEO & MD:** Sundararaman Ramamurthy (as of 2024) - **Listed Companies:** Over 5,500 (one of the highest in the world) - **Trading Segments:** Equity, Derivatives, Currency, Commodities, Debt Instruments, Mutual Funds, etc. ### **Major Highlights:** - **First stock exchange in Asia.** - **BSE Sensex** is India's oldest stock index, tracking the 30 largest and most liquid companies. - **BSE StAR MF**, India's largest mutual fund platform. - Offers **India INX**, the country's first international exchange at GIFT City, Gujarat. - Competes with **National Stock Exchange (NSE)**.
NSE:BSEShort
by TheGoldenFarmsofEquity
Warning! Nifty will fall again, watch the full video to know!The NIFTY 50 is a prominent Indian stock market index comprising 50 of the largest companies listed on the National Stock Exchange (NSE). It serves as a barometer for the Indian equity market, covering 13 sectors of the economy. The index is managed by NSE Indices, a subsidiary of the NSE. citeturn0search17 **Recent Performance:** As of Friday, March 7, 2025, the NIFTY 50 experienced a slight decline of 0.29%, closing at 22,481.75. This downturn was primarily influenced by ongoing concerns over U.S. trade tariffs, which have particularly impacted IT companies, leading to a 0.7% drop in the IT sector index. citeturn0news11 **Constituent Companies:** The NIFTY 50 includes companies from various sectors, reflecting the diverse nature of the Indian economy. Some of the notable constituents are: - **Financial Services:** HDFC Bank, ICICI Bank, State Bank of India - **Information Technology:** Infosys, Tata Consultancy Services, HCLTech - **Oil & Gas:** Reliance Industries, Oil and Natural Gas Corporation - **Consumer Goods:** Hindustan Unilever, ITC - **Automotive:** Maruti Suzuki, Mahindra & Mahindra For a comprehensive list of the NIFTY 50 constituents, you can refer to the official NSE Indices website. citeturn0search17 **Market Trends:** The NIFTY 50 has experienced fluctuations in recent sessions: - **March 5, 2025:** The index rose by 0.65% to 22,226.9, driven by gains in IT stocks. Analysts attributed this to attractive buying opportunities following a prior decline. citeturn0news12 - **March 6, 2025:** After initial gains, the NIFTY 50 edged down by 0.11% to 22,313.15, mainly due to losses in financial stocks amid ongoing U.S. trade policy concerns. citeturn0news14 These movements underscore the index's sensitivity to global economic developments and sector-specific dynamics. **Additional Resources:** For more detailed information on the NIFTY 50, including historical performance and sectoral weightages, you can visit the NSE Indices official page: citeturn0search17
NSE:NIFTYShort
by TheGoldenFarmsofEquity
MACD trading with histogram# **MACD Trading with Histogram** The **MACD Histogram** helps traders visualize **momentum strength and trend shifts** by measuring the gap between the MACD Line and Signal Line. ## **1️⃣ Understanding the Histogram** ✅ **Positive Histogram:** Bars above zero → **Bullish momentum** (MACD above Signal Line). ✅ **Negative Histogram:** Bars below zero → **Bearish momentum** (MACD below Signal Line). ✅ **Expanding Bars:** Strengthening trend. ✅ **Shrinking Bars:** Weakening trend → **Possible reversal**. ## **2️⃣ Trading Strategies** ✅ **Histogram Crossover:** 🔹 **Bullish:** Histogram moves from negative to positive → Buy. 🔹 **Bearish:** Histogram moves from positive to negative → Sell. ✅ **Histogram Divergence:** 🔹 **Bullish Divergence:** Price makes lower lows, histogram forms higher lows → **Uptrend reversal**. 🔹 **Bearish Divergence:** Price makes higher highs, histogram forms lower highs → **Downtrend reversal**. ### **Conclusion** Using the **MACD Histogram** with **trendlines and support-resistance levels** improves trade accuracy and **helps identify momentum shifts early**. 🚀
NSE:HDFCBANKEducation
by SkyTradingZone
macd divergence trading # **MACD Divergence Trading** MACD Divergence helps traders spot **trend reversals and momentum shifts** by comparing price action with the MACD indicator. ## **1️⃣ Types of MACD Divergence** ✅ **Bullish Divergence:** Price forms **lower lows**, but MACD makes **higher lows** → **Potential Uptrend Reversal**. ✅ **Bearish Divergence:** Price forms **higher highs**, but MACD makes **lower highs** → **Potential Downtrend Reversal**. ## **2️⃣ Trading Strategy** ✅ **Confirm with Histogram:** Increasing bars strengthen divergence signals. ✅ **Combine with Support/Resistance:** Look for divergences near key levels. ✅ **Use Higher Timeframes:** Reduces false signals and improves accuracy. ### **Conclusion** MACD divergence is a **powerful reversal signal**, but for best results, combine it with **trend analysis and volume confirmation**. 🚀
NSE:BANKNIFTYEducation
by SkyTradingZone
master candlesticks patterns# **Mastering Candlestick Patterns** Candlestick patterns help traders **analyze price action, predict reversals, and confirm trends**. Understanding key patterns improves **entry-exit timing and risk management**. ## **1️⃣ Reversal Patterns** ✅ **Bullish Engulfing:** Large green candle engulfs a prior red candle → **Strong Uptrend Signal**. ✅ **Bearish Engulfing:** Large red candle engulfs a prior green candle → **Downtrend Reversal**. ✅ **Morning Star:** Three-candle pattern signaling **bullish reversal after a downtrend**. ✅ **Evening Star:** Opposite of the Morning Star, signaling **bearish reversal**. ## **2️⃣ Continuation Patterns** ✅ **Doji:** Indicates market indecision; trend confirmation needed. ✅ **Marubozu:** Full-body candle with no wicks → **Strong momentum in the trend direction**. ✅ **Three White Soldiers:** Three consecutive green candles → **Bullish trend continuation**. ✅ **Three Black Crows:** Three consecutive red candles → **Bearish trend continuation**. ## **3️⃣ How to Use Candlestick Patterns** ✅ Combine with **support & resistance** for accurate entries. ✅ Use **volume confirmation** to validate strength. ✅ Pair with **indicators (MACD, RSI)** for better trade signals. ### **Conclusion** Mastering candlestick patterns helps traders **predict price movements with precision**. When combined with technical analysis, they enhance **trading accuracy and profitability**. 🚀
NSE:BANKNIFTYEducation
by SkyTradingZone
5
overview of financial markets# **Overview of Financial Markets** Financial markets are platforms where buyers and sellers trade assets like **stocks, bonds, currencies, and commodities**. They facilitate **capital flow, investment, and economic growth**. ## **1️⃣ Types of Financial Markets** ✅ **Stock Market:** Companies issue shares; investors trade equity (e.g., NSE, BSE). ✅ **Bond Market:** Governments & corporations issue debt securities for fundraising. ✅ **Forex Market:** Global exchange of currencies; highly liquid. ✅ **Commodities Market:** Trading in gold, oil, and agricultural products. ✅ **Derivatives Market:** Futures & options contracts based on underlying assets. ## **2️⃣ Importance of Financial Markets** ✅ **Capital Allocation:** Connects investors with businesses needing funds. ✅ **Liquidity:** Ensures assets can be bought or sold easily. ✅ **Price Discovery:** Determines fair asset values through supply & demand. ### **Conclusion** Financial markets are the backbone of the economy, offering **investment opportunities, risk management, and capital formation**. 🚀
BSE:SENSEXEducation
by SkyTradingZone
5
IDFC First Bank Be Ready For Rs 50 To Rs 55**IDFC First Bank** is a private sector bank in India, formed in **2018** after the merger of **IDFC Bank and Capital First**. It offers a range of banking services, including **retail banking, wholesale banking, and asset management**. The bank focuses on consumer loans, MSME financing, and infrastructure lending. Known for its **customer-friendly digital services** and competitive interest rates, IDFC First Bank has rapidly expanded its presence in India's banking sector. While it is a significant player in the industry, **it is not currently a part of the Bank Nifty index**, which includes only the top 12 most liquid and large-cap banking stocks.
NSE:IDFCFIRSTB
by TheGoldenFarmsofEquity
2
Bank Nifty is Still Doubt full But How ?**Bank Nifty** (Nifty Bank) is a stock market index on the **National Stock Exchange of India (NSE)** that represents the performance of the banking sector. It consists of the **12 most liquid and large-cap banking stocks** from both **public and private sector banks**. The index serves as a benchmark for banking sector performance and is widely used for trading in futures and options. Major components of Bank Nifty include **HDFC Bank, ICICI Bank, State Bank of India (SBI), Axis Bank, Kotak Mahindra Bank, IndusInd Bank**, and others. The index is highly volatile and sensitive to economic, monetary policy, and banking sector developments.
NSE:BANKNIFTY
by TheGoldenFarmsofEquity
Why HDFC Bank not move in Two Day Rally ​HDFC Bank Limited is India's largest private sector bank by assets and market capitalization, headquartered in Mumbai. citeturn0search1 Established in August 1994, the bank commenced operations as a Scheduled Commercial Bank in January 1995. citeturn0search3 In July 2023, HDFC Bank merged with its parent company, HDFC Limited, India's premier housing finance company, further strengthening its position in the financial sector. citeturn0search7 The bank offers a comprehensive range of banking and financial services to individuals and businesses, including savings and current accounts, fixed and recurring deposits, loans, credit cards, investments, and insurance products. citeturn0search0 It operates internationally, with branches in Bahrain, Hong Kong, and Dubai. citeturn0search9 As of March 6, 2025, HDFC Bank's shares remained unchanged at ₹1,689.75 on the Bombay Stock Exchange (BSE), while the BSE SENSEX Index rose by 0.83% to 74,340.09. The bank's shares are currently 10.12% below their 52-week high of ₹1,880.00, reached on December 9, 2024. citeturn0news11 In recent developments, HDFC Bank plans to significantly expand its loan securitization business over the next few years to cater to rising investor demand and manage its balance sheet. This initiative aims to create space for new loans without increasing the balance sheet size. So far, the bank has sold ₹463 billion ($5.3 billion) in loans through securitization this financial year. citeturn0news12 For more information or to access their services, you can visit HDFC Bank's Website
NSE:HDFCBANK
by TheGoldenFarmsofEquity
Powergrid is Most Expensive At This Level​Power Grid Corporation of India Limited (POWERGRID) is a 'Maharatna' Public Sector Enterprise under the Government of India, incorporated on October 23, 1989. It is India's largest electric power transmission company, responsible for planning, implementing, operating, and maintaining the nation's high-voltage transmission systems. citeturn0search0 As of the fiscal year 2023-24, POWERGRID reported a turnover of ₹46,913 crore and a net profit of ₹15,573 crore. The company's gross fixed assets stand at ₹2,75,991 crore. POWERGRID consistently achieves over 99% network availability by employing advanced operation and maintenance techniques that align with global standards. citeturn0search6 The Government of India holds a 51.34% stake in POWERGRID, with the remaining shares held by institutional investors and the public. The company is headquartered in Gurugram, Haryana, and operates across various regions in India. citeturn0search3 In addition to its core transmission services, POWERGRID offers consultancy services in the transmission, distribution, and telecom sectors, including planning, design, engineering, load dispatch, optical ground wire (OPGW) on intra-state transmission networks, procurement management, operation and maintenance, financing, and project management. citeturn0search7 For more information or to get in touch with POWERGRID, you can visit their official website POWERGRID continues to play a strategic role in the development of India's power sector, ensuring the optimum utilization of generating resources and maintaining a robust national grid.
NSE:POWERGRIDShort
by TheGoldenFarmsofEquity
Should we trust today's Nifty rally?The **Nifty 50** is the benchmark stock index of the **National Stock Exchange of India (NSE)**. It represents the **top 50 companies** across various sectors of the Indian economy, making it a key indicator of the country's market performance. ### **Key Details:** - **Index Name**: Nifty 50 - **Exchange**: National Stock Exchange (NSE) - **Number of Companies**: 50 - **Base Year**: 1995 - **Base Value**: 1000 - **Sector Representation**: Includes companies from IT, banking, pharmaceuticals, FMCG, energy, and other major industries. - **Calculation Method**: Free-float market capitalization-weighted index. ### **Why is Nifty 50 Important?** - **Market Benchmark**: It reflects overall market trends and investor sentiment. - **Investment Tool**: Used by mutual funds, ETFs, and traders for investments. - **Economic Indicator**: A strong Nifty 50 generally signals a healthy economy. Do you want to check the current Nifty 50 value or details on specific stocks?
NSE:NIFTY
by TheGoldenFarmsofEquity
BOSCH, SAMVARDHNA MOTHERSON & SONA BLWHello & welcome to this analysis Auto ancillary stocks at strong support levels suggesting a bounce/reversal from current levels with them forming Bullish Harmonic Patterns in weekly time frame BOSCH - Alt Shark MOTHERSON - Alt Shark SONACOM - Cypher Today's candle were very strong, one can look to add on follow through confirmation or on pullback, the risk reward appears decent at current levels. In the video I have suggested possible levels of resistance on upside along with negation levels on the downside for each case. All the best
NSE:SONACOMSLong
by Dinesh_C_Nagpal
3
NIFTY Energy Index Bullish ViewThe **Nifty Energy Index**, formerly known as the CNX Energy Index, is designed to reflect the performance of a diversified portfolio of companies in India's energy sector, encompassing petroleum, gas, and power industries. citeturn0search0 As of February 28, 2025, the Nifty Energy Index comprises the following companies: | Company Name | Weightage (%) | |--------------------------------------------|---------------| | Reliance Industries Ltd | 33.61 | | NTPC Ltd | 15.24 | | Power Grid Corporation of India Ltd | 10.12 | | Oil & Natural Gas Corporation Ltd (ONGC) | 9.37 | | Indian Oil Corporation Ltd | 6.71 | | Bharat Petroleum Corporation Ltd | 5.18 | | GAIL (India) Ltd | 2.08 | | CG Power & Industrial Solutions Ltd | 1.91 | | JSW Energy Ltd | 1.74 | | Adani Energy Solutions Ltd | 1.61 | | NHPC Ltd | 1.53 | | Suzlon Energy Ltd | 1.41 | | Hindustan Petroleum Corporation Ltd | 1.39 | | Bharat Heavy Electricals Ltd (BHEL) | 1.38 | | Torrent Power Ltd | 1.33 | | Adani Total Gas Ltd | 1.24 | | Oil India Ltd | 1.18 | | ABB Power Products & Systems India Ltd | 1.07 | | Petronet LNG Ltd | 0.87 | | Thermax Ltd | 0.79 | | GE Vernova T&D India Ltd | 0.72 | | SJVN Ltd | 0.67 | | NLC India Ltd | 0.65 | | Aegis Logistics Ltd | 0.56 | | Gujarat Gas Ltd | 0.53 | | Indraprastha Gas Ltd | 0.52 | | Castrol India Ltd | 0.45 | | Inox Wind Ltd | 0.39 | *Please note that these weightages are based on current market capitalization as of February 28, 2025, and are subject to change.* citeturn0search3 The index is computed using the free float market capitalization method, reflecting the total free float market value of all the stocks in the index relative to a base market capitalization value. citeturn0search4 Investors seeking exposure to India's energy sector may consider the Nifty Energy Index, which offers a diversified basket of stocks in oil and gas exploration, refining, power generation, renewable energy, and distribution. However, it's important to note that the energy sector can be influenced by factors such as fluctuating fuel prices, regulatory changes, and the global shift towards greener technologies. citeturn0search2 For the most recent performance metrics and detailed information about the Nifty Energy Index, you can visit the official Nifty Indices website. citeturn0search0
NSE:CNXENERGYLong
by TheGoldenFarmsofEquity