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Harmonic Patterns

PEL : Is this just a breakout… or start of a multi-bagger move?NSE:PEL 🔍 Technical Analysis (Chart-Based) 📌 Pattern: Cup and Handle Breakout clearly visible Strong breakout above ₹1,197.80 neckline Brief retracement after rally, likely testing ₹1,272.25 as support 📊 Key Levels: Immediate Support: ₹1,272.25 (could act as a bullish retest) Major Support: ₹1,197.80 (neckline of the cup and handle) Resistance Zone: ₹1,360–1,400 (potential target zone post breakout) 🔄 Indicators & Momentum: A strong bullish trend confirmed with higher highs and higher lows Volume during breakout likely high (needs confirmation) If price respects ₹1,272 and reverses, fresh upmove possible 🎯 Technical Summary: Trend: Bullish Bias: Buy on dips near support zones Targets: ₹1,360, then ₹1,420 Stop Loss: Below ₹1,197 ======================================== 🧮 Fundamental Analysis (PEL - 2025 Outlook) ======================================== 🏢 About the Company: Piramal Enterprises Ltd operates mainly in: Financial services (retail and wholesale lending) Recent demerger of pharma business (PEL is now a pure NBFC) 📈 Key Financials (FY24–FY25E): Metric Value Market Cap ~₹30,000+ Cr Revenue (FY24) ₹8,200+ Cr Net Profit (FY24) ₹900+ Cr P/E Ratio ~28–30x Book Value ~₹1,300+ Price-to-Book (P/B) ~1.0x ROE 6–8% Debt/Equity ~0.8–1.0x 🔍 Key Positives: Strong book value support Low P/B indicates undervaluation vs peers Cleaned-up balance sheet after pharma demerger Focus on retail lending (more stable than wholesale) ⚠️ Risks to Watch: Still consolidating after business restructuring NBFC sector sensitive to interest rate cycles & RBI regulation ROE still on the lower side compared to peers ===================================== 📌 Investment View (Short + Long-Term) ===================================== ✅ Short-Term View (1–3 months): Technicals favor continuation of uptrend Momentum can take it to ₹1,360–1,400 if support holds ✅ Long-Term View (6–18 months): Strong restructuring play post-demerger Clean balance sheet and pivot to retail NBFC is positive Long-term target can be ₹1,600–1,800 if execution remains strong ======================================== ⚠️ Disclaimer: This analysis is for educational and informational purposes only. We are not SEBI-registered analysts or advisors. This is our personal view based on available data and market trends. Please consult your SEBI-registered investment advisor before making any investment or trading decisions. You are solely responsible for any financial decisions you make based on this content. ======================== Trade Secrets By Pratik ========================
NSE:PELLong
by Trade_Secrets_By_Pratik
2
Nifty IT Sector Quick ReviewHere’s a detailed list of the **major components of the NIFTY IT Index**, which represents India’s top-performing **information technology (IT)** companies listed on the NSE: --- ## 💻 **NIFTY IT Index – Overview** * **Launched by:** NSE (National Stock Exchange) * **Objective:** Track the performance of the **top IT companies** listed on NSE * **Number of Constituents:** 10 stocks * **Weighting Method:** Free-float market capitalization-weighted * **Rebalancing:** Semi-annually --- ## 🔟 **Major Components of the NIFTY IT Index (as of 2025)** | Rank | Company Name | Weight (Approx.) | Segment | | ---- | ----------------------------------- | ---------------- | -------------------------------------- | | 1 | **Tata Consultancy Services (TCS)** | \~30% | IT Services | | 2 | **Infosys Ltd** | \~27% | IT Services | | 3 | **HCL Technologies Ltd** | \~13% | IT Services | | 4 | **Wipro Ltd** | \~9% | IT Services | | 5 | **LTIMindtree Ltd** | \~7% | IT Consulting & Services | | 6 | **Tech Mahindra Ltd** | \~6% | Telecom & IT | | 7 | **Persistent Systems Ltd** | \~2.5% | Digital Engineering | | 8 | **Coforge Ltd** | \~2% | IT Services (BFSI, Travel, Healthcare) | | 9 | **Mphasis Ltd** | \~2% | IT & BPO Services | | 10 | **Birlasoft Ltd** | \~1% | ERP, Cloud, IT Services | > 🧠 *Note:* The exact weights change frequently based on market cap fluctuations and NSE index reviews. --- ## 📌 Key Insights * The **top 3 companies (TCS, Infosys, HCL Tech)** make up **70%+** of the index. * All companies primarily focus on **IT services**, **software development**, **cloud**, **AI/ML**, **cybersecurity**, and **digital transformation**. * This index is often considered a **barometer of India’s tech outsourcing** industry. --- ## 📊 Sector Representation * **BFSI Tech Services**: Infosys, Mphasis, Coforge * **Digital/Cloud/AI**: Persistent, Birlasoft * **Telecom & Engineering IT**: Tech Mahindra, LTIMindtree * **Legacy & Enterprise IT**: TCS, HCL, Wipro --- ## 🧮 NIFTY IT vs NIFTY 50 | Feature | NIFTY IT | NIFTY 50 | | -------------------- | --------------------- | ------------------- | | Sector Focus | Purely IT companies | Diversified sectors | | Volatility | Higher (tech-led) | Lower | | Global Exposure | High (exports-driven) | Mixed | | Currency Sensitivity | Very High (USD/INR) | Moderate | --- thanks
NSE:CNXITLong
by TheGoldenFarmsofEquity
EURUSD – Trend broken, bearish momentum accelerating!EURUSD is maintaining a clear downtrend structure within a well-defined descending channel, with consistently lower highs forming. Fair Value Gaps (FVGs) keep getting rejected, signaling that sellers are firmly in control. The current scenario points to a technical bounce toward the 1.164 zone, followed by a likely rejection back down to the lower boundary near 1.148. Technical signals confirm the bearish bias as price respects both the trendline and the supply zones, failing to break above recent resistance levels. On the fundamental side, the ECB has recently struck a more dovish tone due to cooling inflation, while the USD is regaining strength amid expectations that the Fed will keep rates elevated longer — all of which continue to pressure the euro lower.
Short
by Rocky_trade_
1
NIFTY- Intraday Levels - 21st July 2025Porbebely market will make a bottom today or tomorrow? however if it managed to break/sustain/day closing price is below our strong support then we may see more dowside. If NIFTY sustain above 24972 to 24982 above this bullish then 25028 to 25050 above this more bullish then 25084 to 25094 then 25141 to 25150 then 25184 to 25204 then wait. If NIFTY sustain below 24953 to 24945 below this bearish then around 24914 to 24904 or 24877 below this more bearish then 24893 to 24973 or 24778 to 24738 strong support then wait Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
2
NZDJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
XAUUSD – Breakout or Continued Accumulation?Gold continues to respect a solid bullish structure within an ascending price channel. After a healthy pullback from recent highs, the price has retested a key technical support area and is showing signs of a strong rebound. Current price action reveals that the market is respecting both the FVG zone and the rising support line—clear signals that smart money is still leaning toward the buy side. The next bullish targets lie around the upper resistance zone. From a macro perspective, weaker-than-expected U.S. retail sales have placed downward pressure on the dollar, fueling speculation that the Fed may soon pivot toward easing. This adds momentum to gold’s upside potential.
OANDA:XAUUSDLong
by Rocky_trade_
ALLIED BLEND N DISTILS L ANALYSISFOR LEARNING PURPOSE ALLIED BLEND (ABDL) - The current price of ABDL is 479.50 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. It broke a strong resistance zone and it's making a new ATH 3. It is showing better relative strength as it stood strong in volatile times 4. The risk and reward is favourable. It's a new stock so no overhead supply. 5. The stock belongs to a sector in which people are interested because of their bad habits and company is doing good. 6. The stock is new and IPO happened one year back. After going sideways for some months, finally it's trying to show some strength. I am expecting more from this in coming weeks I will buy it with minimum target of 35-40% and then will trail after that. My SL is at 417.05 rupees I will be managing my risk.
NSE:ABDLLong
by Its_Bhushan
EURAUD MULTI TIME FRAME ANALYSISStarting from the monthly, we’re seeing a potential bullish continuation off a flipped support zone, lining up with the 38.2% Fibonacci level. On the weekly, price is rejecting from key fib support, with strong bullish structure in play. The daily is holding structure above support and shows signs of continuation. If we break above the current 1H/4H high, I’ll be watching for a clean pullback to enter long. 🎯 Bullish Bias for the week 🗓️ Timeframes used: Monthly ➝ Weekly ➝ Daily ➝ 4H ➝ 1H 📍Key Levels marked 📌 Setup ideas explained 📥 Comment your view on EUR/AUD — agree or disagree? #forex #euraud #forexanalysis #priceaction #multiTimeFrame #tradingview #forextrader #marketbreakdown #technicalanalysis #smartmoney #tradingpsychology #forexeducation
Long
by okako_trading
NIFTY Intraday Trade Setup For 21 Jul 2025NIFTY Intraday Trade Setup For 21 Jul 2025 Bullish-Above 25015 Invalid-Below 24965 T- 25150 Bearish-Below 24910 Invalid-Above 24960 T- 24640 NIFTY has closed on a slight bearish note with 0.72% cut last week. Index has reached 50 EMA in daily TF which is placed near 24900. A bounce from EMA can be expected. However below 24900 index may dive in the next week also. On a flat opening above 25015 a bullish move towards 25150 can be expected. Intraday resistance is placed at the 25150 as per half bat pattern. On a flat opening below 24910 index will test 24640. Plan trades on 15 Min candle close. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Ethereum as said last week will go near ATH How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone: D13% -D15% is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone
COINBASE:ETHUSDLong
by EquityCommodityMarketJaiPrakas
Natural gas we booked profit at 311, wait for dip near 294-292How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone: D13% -D15% is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone
MCX:NATURALGAS1!Long
by EquityCommodityMarketJaiPrakas
Copper bought at 881 booked st 889 , again buy on dip 905,915 How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone: D13% -D15% is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone
MCX:COPPER1!Long
by EquityCommodityMarketJaiPrakas