Harmonic Patterns
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GTPL
BUY TODAY SELL TOMORROW for 5%
HUL Trend Breakout Now Time To Accumulate Some Qty **Hindustan Unilever Limited (HUL)** is one of the largest and most well-known consumer goods companies in India, and a subsidiary of the British multinational Unilever. Established in 1933, HUL is headquartered in Mumbai, Maharashtra, and operates across multiple segments, offering a wide range of products in various categories like food and beverages, personal care, home care, and health and wellness.
### **Key Facts and Overview:**
- **Full Name**: Hindustan Unilever Limited
- **Industry**: Consumer Goods (FMCG - Fast-Moving Consumer Goods)
- **Headquarters**: Mumbai, Maharashtra, India
- **Founded**: 1933 (as Hindustan Vanaspati Manufacturing Co.)
- **Parent Company**: Unilever (a global consumer goods giant)
- **Market Presence**: HUL is one of India's largest FMCG companies, with a vast distribution network across the country.
### **Business Segments:**
HUL operates across four key business segments:
1. **Home Care**: Includes products like detergents, cleaning agents, and air fresheners. Popular brands: Surf Excel, Rin, Domex, and Vim.
2. **Personal Care**: Encompasses products like skin care, hair care, deodorants, and oral care. Popular brands: Dove, Lux, Lifebuoy, Pond's, Sunsilk, and Close-Up.
3. **Food & Beverages**: Offers a range of packaged foods, beverages, and nutrition products. Popular brands: Brooke Bond, Lipton, Knorr, Kissan, and Hellmann's.
4. **Health & Wellness**: Includes products for hygiene, nutrition, and wellness. Notable brands: Horlicks (after acquisition), Pureit, and Vaseline.
### **Brands and Market Leadership:**
HUL owns some of India's most popular and trusted consumer brands, with a market leadership position in several segments. Some of its major brands include:
- **Dove** (personal care)
- **Lux** (personal care)
- **Lipton** (beverages)
- **Surf Excel** (detergents)
- **Brooke Bond** (tea)
- **Vaseline** (skin care)
- **Knorr** (food products)
### **Sustainability and Corporate Social Responsibility (CSR):**
HUL has been at the forefront of sustainability and CSR initiatives in India. The company is committed to achieving its sustainability goals through various initiatives such as:
- **Water Conservation**: HUL has invested in water-saving technologies and ensures that its production processes use water efficiently.
- **Waste Management**: The company works on reducing waste and increasing recycling rates.
- **Sustainable Sourcing**: HUL has committed to sourcing key ingredients like palm oil and tea in a sustainable manner.
- **Health and Nutrition**: With brands like Horlicks and Knorr, HUL has been focusing on promoting health and nutrition across India.
### **Financial Overview:**
HUL consistently ranks as one of the most profitable and valuable companies in India, driven by strong sales and market dominance. The company's revenue comes from a combination of domestic and international sales, with its operations in over 190 countries.
### **Leadership and Key Figures:**
- **Chairman**: Nitin Paranjpe
- **CEO**: Sanjiv Mehta
HUL is publicly listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India. It is also one of the largest companies in terms of market capitalization in the Indian stock market.
### **Recent Developments:**
- HUL has actively pursued digital transformation, improving its e-commerce presence and supply chain efficiency.
- The company has also made strides in the health and nutrition segment through strategic acquisitions, including the purchase of Horlicks from GSK in 2020.
### **Global Influence and Partnerships:**
As part of Unilever, HUL benefits from global research, innovation, and shared sustainability practices, ensuring that the company remains competitive both locally and internationally.
### **Conclusion:**
Hindustan Unilever Limited stands as a leader in India's consumer goods sector, with a strong portfolio of brands across multiple categories. With a focus on sustainability, innovation, and social responsibility, it continues to be a dominant player in the FMCG industry, both in India and globally.
Nifty Price Update 9.1.2025 Time 14.36 "Nifty" refers to the **Nifty 50**, which is a stock market index representing the performance of 50 large and well-established companies listed on the **National Stock Exchange of India (NSE)**. The index serves as a key benchmark for the Indian equity market, providing an indication of how the market is performing overall.
Here are a few key points about Nifty:
1. **Composition**: The Nifty 50 includes 50 companies from various sectors like technology, finance, energy, healthcare, and consumer goods. These companies are chosen based on their market capitalization and liquidity.
2. **Market Representation**: The Nifty index represents approximately 65-70% of the total market capitalization of the companies listed on the NSE. It covers a wide range of industries, making it a broad representation of the Indian economy.
3. **Calculation**: The index is calculated using the free-float market capitalization method. This means that the index value is based on the market capitalization of the constituent companies, considering only the freely tradable shares (excluding restricted shares like those held by promoters).
4. **Use**: Investors, traders, and analysts use the Nifty 50 as a benchmark for market performance, to measure portfolio returns, or to track the general health of the Indian stock market.
The Nifty is commonly compared to other indices, such as the **Sensex**, which is based on the **Bombay Stock Exchange (BSE)**, and represents a different set of large companies in India.
Bank Nifty Update Bank Nifty (also known as the Nifty Bank Index) is a stock market index that represents the performance of the 12 most liquid and large-cap banking stocks listed on the National Stock Exchange (NSE) of India. It is a part of the broader Nifty 50 index, which includes 50 of the largest and most actively traded stocks on the NSE.
Key Details about Bank Nifty:
Constituent Stocks: The Bank Nifty index consists of the top 12 banking stocks, which include major private and public sector banks in India. Some of the prominent banks in the index are:
State Bank of India (SBI)
HDFC Bank
ICICI Bank
Axis Bank
Kotak Mahindra Bank
IndusInd Bank
Bank of Baroda
Yes Bank
Federal Bank
Bandhan Bank, etc.
Copper trying to break support, avoid any buy trade at cmpDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Banknifty continuesly sell holding from 51650 Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty sell holding from 24060, until 23860 not break sell on risDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas stil sell on rise until 331 not break less quantity Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin exit buy from 101k , then exit from sell trade at 92600Bitcoin we took buy trade from 99k booked with trailing SL at 101k , after that sell active from 100200 , booked at 92600 , .
Now start buying with sl 92300 , upside Target big mentioned on chart
Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude oil holding sell trade from 6365 , Target on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver holding buy @90800 yesterday previously book 2000 points Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver holding buy from 29.95 , upside Target on chart Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold holding buy from 77500, 78350, 78900,79300 Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
We are holding buy trade from 2645 ,2684 1st Target 2712 ,2760,Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#Nifty directions and levels for January 9th, Thursday:Good Morning, friends! 🌞
Here are the market directions and levels for January 9th, Thursday:
Market Overview:
The global market continues to maintain a moderately bearish sentiment (based on the Dow Jones), and our local market is reflecting a similar outlook. Today, the market is likely to open with a neutral to slightly gap-down start, as the Gift Nifty indicates a -40 point negative opening.
In the previous session, both Nifty and Bank Nifty first half fell drastically, and the second half took a solid pullback. This structure and sentiment suggest an unclear direction for the current market, so we should approach this a little bit conservatively. Let’s look at the charts.
Bullish View:
The bullish view indicates that even if the market opens with a gap-down, it could take a minor pullback. If this happens, the immediate resistance could be the pullback target. However, until it breaks the immediate resistance 23761, the market could consolidate between 23761 and 23546. If it breaks the immediate resistance, we can expect pullback continuation.
Bearish View:
This is similar to the first one, meaning initially we can expect a range-bound market. If it breaks the bottom of the range, we can expect a continuation of the correction. This is today's basic structure.
#Banknifty directions and levels for January 9th, Thursday:Bullish View:
The bullish view indicates that even if the market opens with a gap-down, it could take a minor pullback. If this happens, the immediate resistance could be the pullback target. However, until it breaks the immediate resistance 38%, the market could consolidate between 38% and 49522. If it breaks the immediate resistance, we can expect pullback continuation.
Bearish View:
This is similar to the first one, meaning initially we can expect a range-bound market. If it breaks the bottom of the range, we can expect a continuation of the correction. This is today's basic structure.
GBPUSD_H4Analysis of GBP/USD Currency Pair Status
The GBP/USD currency pair resumed its downward trend after two days of gains, falling by approximately 0.3% and dropping below the 1.2500 level. Traders' attempts to sustain the bullish trend were thwarted by weak data and risk-averse sentiment. The economic data weakness in the UK, along with lower expectations for expansionary policies from the Bank of England, coupled with stronger-than-expected data from the United States, has put pressure on the pair.
Weak Annual Performance of the British Pound:
- Quarterly Downtrend: The pound ended 2024 with a quarterly decline and remains near its lowest levels in the past 9 months as the new year begins.
- Retail Data: The UK Like-For-Like retail sales index for December showed a 3.1% increase. However, this data failed to boost the demand for the pound.
Impact of U.S. Data:
- PMI and Business Costs: The release of U.S. PMI data showed that economic activity in the country remains strong, reducing expectations for a rate cut by the Federal Reserve in the first half of 2025.
- Expectations for Employment: ADP Employment Change data, due to be released on Wednesday, could provide forecasts for the important NFP (Non-Farm Payroll) report.
Technical Analysis:
In the 4-hour time frame, we can observe that the bearish trendline, which has been in place for a month, was broken during this week's trading. This trendline, drawn using a linear chart, has sent a signal of a potential trend reversal upon its break.
Given the continued decrease in buying momentum on the 4-hour time frame, the overall trend still appears to be leaning towards a decline on lower time frames. However, it is important to closely monitor the price action around the key zone of 1.22579 - 1.23049. If reversal patterns are observed in this area, there is a possibility of support and a subsequent rebound.
Risk Disclosure Statement:
Since financial markets are influenced by various factors that are constantly changing, the analyses provided are solely for informational purposes regarding the general market situation and do not constitute any recommendation for buying or selling
Swing Trading Idea for NSE:SAHGartley Harmonic Pattern Suggests a Potential Reversal
On the daily timeframe, NSE:SAH has formed a Gartley Harmonic Pattern , indicating a possible bullish swing setup. Here’s the detailed breakdown:
Pattern Details:
Entry Zone: Around ₹89.
Stop Loss (SL): ₹79 (below the pattern's invalidation zone).
Target Levels:
Target 1: ₹97
Target 2: ₹106
Target 3: ₹120
Relative Strength Indicator Signals:
123-Period RSI: Recently crossed above 0, suggesting a potential reversal after a prolonged downtrend.
55-Period RSI: About to cross above 0, which could strengthen bullish momentum.
Key Support Zone:
Price is holding firmly above the critical support level at ₹85.47, further confirming a strong base for the upward move.
Company Overview:
Incorporated in 1992, Sah Polymers Ltd specializes in the manufacturing and marketing of Flexible Intermediate Bulk Containers (FIBC) and other flexible packaging products. Recognized as a Star Export House by the Government of India, the company has a market capitalization of approximately ₹224 crore and a current stock price around ₹87. However, it's noteworthy that the company has reported a low return on equity of 4.85% over the past three years, and debtor days have increased from 60.1 to 74.8 days, indicating potential challenges in receivables management.
SCREENER
Trade Plan:
Entering near ₹89 with a strict stop loss at ₹79 and partial profit booking at ₹97, ₹106, and ₹120 seems to be the idea.
Disclaimer:
This analysis is for informational and educational purposes only, purely based on Harmonic Patterns and does not constitute any types of investment advice. Trading stocks and other financial instruments involves 100% risk and can result in financial loss. Past performance is not indicative of future results. Always conduct your own research or consult with a professional financial advisor before making any investment decisions.