LONG
Infosys Ltd view for Intraday 11th Dec #INFYInfosys Ltd view for Intraday 11th Dec #INFY
Resistance 1960 Watching above 1965 for upside movement ...
Support area 1930 Below 1935-1930 ignoring upside momentum for intraday
Support 1930 Watching below 1928 or downside movement ...
Resistance area 1960
Above 1950-1960 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Reliance Industries Ltd view for Intraday 11th Dec #RELIANCEReliance Industries Ltd view for Intraday 11th Dec #RELIANCE
Resistance 1310 Watching above 1312 for upside movement ...
Support area 1280 Below 1290 ignoring upside momentum for intraday
Support 1281 Watching below 1277 or downside movement ...
Resistance area 1290
Above 304 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Godrej Consumer Products Ltd view for Intraday 11th DecGodrej Consumer Products Ltd view for Intraday 11th Dec #GODREJCP
Resistance 1140 Watching above 1105 for upside movement ...
Support area 1100 Below 1120 ignoring upside momentum for intraday
Support 1090 Watching below 1098 or downside movement ...
Resistance area 1100
Above 1120 ignoring downside move for intraday Charts
for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
SBI Life Insurance Company Ltd view for Intraday 11th Dec SBI Life Insurance Company Ltd view for Intraday 11th Dec #SBILIFE
Resistance 1490 Watching above 1492 for upside movement ...
Support area 1450 Below 1470 ignoring upside momentum for intraday
Support 1450 Watching below 1447 or downside movement ...
Resistance area 1490
Above 1470 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Adaniports Ltd view for Intraday 11th Dec #ADANIPORTSAdaniports Ltd view for Intraday 11th Dec #ADANIPORTS
Resistance 1260 Watching above 1265 for upside movement ...
Support area 1230 Below 1250 ignoring upside momentum for intraday
Support 1230 Watching below 1228 or downside movement ...
Resistance area 1260Above 1240-1242 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks
HDFC Life Insurance Company Ltd view for Intraday 11th Dec HDFC Life Insurance Company Ltd view for Intraday 11th Dec #HDFCLIFE
Resistance 640 Watching above 642 for upside movement ...
Support area 630 Below 630 ignoring upside momentum for intraday
Support 630 Watching below 628 or downside movement ...
Resistance area 640Above 640 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
ITI Ltd view for Intraday 11th Dec #ITIITI Ltd view for Intraday 11th Dec #ITI
Resistance 370 Watching above 372 for upside movement ...
Support area 362-364 Below 366 ignoring upside momentum for intraday
Support 362-364 Watching below 362 or downside movement ...
Resistance area 370
Above 366 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
State Bank of India view for Intraday 11th Dec #SBINState Bank of India view for Intraday 11th Dec #SBIN
Resistance 875 Watching above 875 for upside movement ...
Support area 850 Below 860 ignoring upside momentum for intraday
Support 850 Watching below 848 or downside movement ...
Resistance area 875
Above 860 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Wipro Ltd view for Intraday 11th Dec #WIPROWipro Ltd view for Intraday 11th Dec #WIPRO
Resistance 310 Watching above 311 for upside movement ...
Support area 305 Below 307 ignoring upside momentum for intraday
Support 305 Watching below 304 or downside movement ...
Resistance area 310Above 307 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
DIVGIITTSHello Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock that is mostly ready to give Breakout. Divgi TorqTransfer Systems is the name of the stock. CMP is 653. Its IPO price was 590. And it's near that price. Mostly it will not be that 590—IPO price, 580 must be a strong support. Once it gives a breakout above 670, ready to go long. Target as per fibonacci.
About
Incorporated in 1964, Divgi Torqtransfer
System Ltd manufactures Auto Components
and Parts
Key Points
Business Overview:
Divgi TTS is India’s largest EV Transmission manufacturer. It provides solutions for Manual Transmission and Automatic Transmission. The company specializes in crafting drivetrain systems and related components for a diverse array of vehicles, spanning passenger cars, utility vehicles, commercial vehicles, and agri-
cultural machinery.
Product Categories:
a) 4WD
b) MT and synchronisers
c) EV Powertrain
d) Automatic Transmission
Product Profile:
a) 4WD Transfer case
b) Precision Grinding and Honing operation for transmission components
c) Components
d) Synchronizers
e) EV Assembly
f) Transfer Case Export Components
g) Manual Transmission
h) Automatic /Dual Clutch Transmission Components
h) RWD Applications
Production Facilities:
The company has 4 manufacturing units in Maharashtra and Karnataka, with an installed capacity in terms of pieces per year:
Transfer Case-ESOF ~30,000
Transfer Case- Mech ~30,000
TM Coupler-Nextrac ~23,100
Synchronizers Assembly ~504,000
Synchronizers Assembly ~14,58,600
Torq Transfer System ~168,000
Components Gears ~588,000
EV Transmission ~100,000
Clientele:
Tata, Mahindra, Toyota Kirloskar, Borg Warner, Force Motors, Ashok Leyland
Export Countries:
USA, Mexico, UK, Portugal, Germany, China, Korea, and Thailand
This is just to boost my confidence. No Suggestions for buying.
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
Adani Ports: A Quality Company with a Strong Growth Outlook
Adani Ports , one of the Adani Group's flagship companies, has consistently proven its strength. Despite market volatility, it remains a fundamentally solid enterprise.
Key Insights:
Following the Hindenburg report in January 2023, Adani Group stocks, including Adani Ports, faced a massive crash. However, Adani Ports rebounded impressively, finding support at a previous key level and delivering over 300% returns from that point.
Recently, the stock has experienced another sharp correction due to bribery allegations. It has fallen back to a significant support zone, presenting what could be a lucrative buying opportunity for risk-tolerant investors.
Current Setup:
Stock Price: Around ₹1200 at present.
Plan: Accumulating shares down to ₹980 with a potential target price of ₹2400, offering the possibility of doubling the investment.
Risks: The stock is highly volatile, and only those comfortable with elevated risk levels should consider this opportunity. Conservative or safe traders may want to avoid this stock for now.
Why Adani Ports?
Strong Fundamentals: Adani Ports is a well-managed company with robust operations.
Attractive Valuation: The current correction brings the stock to an appealing price level for long-term investors.
Growth Potential: The company has demonstrated its ability to recover and generate substantial returns, even under challenging circumstances.
Financial Update:
For those analyzing the stock's fundamentals, here are the Q2 financial results for Adani Ports:
Consolidated Net Profit: ₹24.5 billion vs. ₹17.4 billion (YoY growth).
Final Thoughts:
Investors should make decisions based on their own risk tolerance and investment strategy. While the stock holds significant upside potential, its volatility should not be underestimated. Always do your research before investing.
Stay informed and invest wisely!
Long Strangle on BankNifty for December 2024Hello Everyone, here is my take on the Banknifty for the month of December 2024!
In this video, I have analyzed the past 6 years of action in December and how market has played out. Taking a deeper look into the volatility, price action, and identifying the best strategy to play in December 2024.
Why you should not play directional?
While directional trading can yield substantial rewards, the risks, psychological strain, and low probability of consistent success make it a challenging strategy. Focusing on strategies with a higher margin of safety, diversified approaches, and non-directional trades can often lead to more sustainable and less stressful trading outcomes. Always prioritize disciplined risk management and a clear trading plan over speculative bets.
Why Long Strangle is best for high volatile market?
The Long Strangle is an excellent strategy for high-volatility markets because it leverages significant price movements while capping potential losses. Its simplicity and ability to profit from directional uncertainty make it a go-to choice for traders expecting market turbulence.
Key Considerations:
High Premium Costs: Implied volatility can make options more expensive. Ensure the expected price move is large enough to offset the premium cost.
Breakeven Points: Calculate the breakeven levels (strike price ± total premium) to understand the range required for profitability.
Timing is Crucial: Enter the position when high volatility is anticipated but has not yet fully materialized, as option prices might still be reasonably priced.
Short Term Support Zone. Gold (XAUUSD) is experiencing a bullish move today, trading around $2,657 as of October 17, 2024, reflecting a gain of 0.91%. The price action remains volatile, influenced by geopolitical tensions and expectations of upcoming U.S. economic data. The broader trend shows gold consolidating within the $2,636 - $2,675 range.
If it breaks above $2,670, strong resistance may push prices towards the $2,685 level, though a correction remains likely if bearish sentiment strengthens.
Key drivers include anticipation around U.S. inflation data and global market uncertainty, which are likely to continue influencing gold's trajectory.
For short-term trading, watching the $2,654 support level is crucial for assessing potential downward moves.
Gold Seems BullishGold is currently in consolidation range which seems to be 2668.00 to 2677.100 if it breaks the level of 2677.100 then we can see the levels of 2685 which was the last high and if it hovers there then it will break the resistance level , if price comes to support zone of 2668 to 2666 then we have to wait for the price action confirmation.
7 year consolidation breakout in Godrej Agrovate risk reward 1:5Swing Trade
Buy Godrej Agrovate
Above 765
Accumulate more between(730-750) if falls
Stop Loss: 698
Target 1: 912
Target 2: 985
Target 3: 1056
Target 4: 1129
Target 5: 1165
Risk Reward : 1: 5.5
Duration 3-4 months
Stock has formed W pattern, broken and retest 7 years of W pattern breakout .
Trade as per your risk-taking capacity.
Godrej Agrovate long setup 1:5 Risk Reward
BUY LONG GBPUSDLong position of GBPUSD as its at important support level and there is a rsi divergence and there is low volume in market near this support level also market has previous rejected this level and Fibonacci golden level and now market has again reached this level meaning a reversal in GBPUSD.