SAIL (Bird view) By KRS Charts28th May 2025 / 10:17AM
Why SAIL??
1. As we can see from above chart, it clearly turning Bullish Trend stock from Berish .
2. Fundamentally its Durable and is at decent valuation right now.
3. Technically, in 1D TF fake selling and Gap Down is visible showing sellers got trapped. Such move market gives when they need liquidity, and this can happen both the side.
4. Further Bullish traits Sell candles volume is getting lower and allover lower than bullish candles. which usually noticed when Stock turned bullish on bigger cycles.
5. 100 EMA is underneath in many significant timeframes which also indicates buyers had shown more interest in past and likely this time as well.
Targets and Stop Loss is mentioned in Chart.
Note: This is 1M TF view will be Medium to Long Term
Metalsector
CNX METAL INDEXHello & welcome to this analysis
The metal index in the daily time frame has formed a bearish Diamond pattern suggesting further weakness below 9180 for a probable target of 8500 that coincides with the gap up area of May 12.
The upper resistance for the pattern is currently at 9475
All the best
NMDC By KRS Charts9th June 2025 / 19:01
Why NMDC?
1. Dow Theory , it turned into Bullish Trend with Higher Highs & Higher lows.
2. Huge Accumulations since many Years and as I said above HHs & HLs.👆
3. In major timeframes stock is above 100EMA which is sign that more upside might possible.
4. Wave counts are picture perfect with more than 0.618 retracement for wave(2) and Reversed to upside from 0.5 Retracement between wave(2) & wave4 bottom points.
Targets & SL is mentioned in Chart.
NSE:NMDC NSE:CNXMETAL
Indian Metals & Ferro Alloy: Flag & Pole BONSE:IMFA Breaks out of the Flag & Pole Pattern with Huge Volumes today.
Price Action Analysis:
- Stock experienced a significant decline from highs around 998.80 to lows near 549.80, representing approximately a 45% correction
- Recent breakout above 720 levels shows strong momentum reversal
- Current price at 772.50 (+ 7.77%) indicates bullish sentiment returning
- Higher highs and higher lows pattern emerging on the right side of the chart
Volume Spread Analysis:
- Volume spike coinciding with recent breakout confirms genuine buying interest
- Volume of 202.22K appears elevated compared to previous months
- Green volume bars during the recent rally suggest an accumulation phase
- Low volume during the consolidation phase indicates smart money positioning
Key Technical Levels:
Support Levels
- Primary Support: 720-730 (recent breakout zone)
- Secondary Support: 680-690 (previous resistance turned support)
- Major Support: 600-620 (previous consolidation zone)
Resistance Levels:
- Immediate Resistance: 800-820
- Major Resistance: 880-900
- Long-term Resistance: 950-998 (previous highs)
Base Formation:
- Cup and Handle pattern visible with base formation between 550-680 levels
- Duration of base: Approximately 4-5 months (February to June 2025)
- Handle formation in the May-June period before the breakout
- Flag & Pole Pattern Broke today
Technical Patterns Identified:
Primary Pattern: Cup and Handle
- Well-defined cup formation with rounded bottom
- Handle shows controlled pullback with lower volume
- Breakout above handle resistance confirms pattern completion
- Target projection: 950+ levels based on pattern height
Secondary Patterns:
- Descending trendline resistance tested today
- Double bottom formation around 550-580 levels
- Bullish flag formation post-breakout
Trade Setup Recommendations:
Entry Strategy:
- Aggressive Entry: Current levels 770-775 on any minor dip
- Conservative Entry: 720-730 on pullback to breakout zone
- Momentum Entry: Above 800 for trend continuation
Exit Strategy:
- Target 1: 850 (10% upside from current levels)
- Target 2: 920 (19% upside potential)
- Target 3: 980 (27% upside to retest previous highs)
Stop-Loss Levels:
- For aggressive entries: 720 (7% risk)
- For conservative entries: 680 (6% risk from 720 entry)
- Trailing stop: 8-10% below recent swing lows
Risk Management Framework:
Position Sizing:
- Risk per trade: Maximum 2% of portfolio
- Position size calculation: Portfolio value × 2% ÷ stop-loss distance
- For ₹1 lakh portfolio with 7% stop: ₹2,000 ÷ 0.07 = ₹28,571 position size
Risk Controls:
- Maximum exposure to single stock: 5% of portfolio
- Sector concentration limit: 15% in the metals sector
- Use of position sizing calculator mandatory
- Weekly portfolio review and rebalancing
Sectoral Backdrop Analysis:
Metals Sector Dynamics:
- Global steel demand recovery supporting Indian metal stocks
- Infrastructure spending by the government boosts domestic demand
- Raw material cost stabilization improves margins
- Export opportunities are increasing with global supply chain shifts
Industry Tailwinds:
- The government's focus on infrastructure development
- PLI schemes supporting the manufacturing sector
- Green energy transition requiring metal inputs
- Automotive sector recovery driving steel demand
Fundamental Considerations:
Company Specific Factors:
- Debt reduction initiatives improving balance sheet strength
- Capacity expansion plans supporting long-term growth
- Technology upgrades enhancing operational efficiency
- ESG compliance improving institutional investor interest
Macroeconomic Factors:
- Rupee stability supporting import-dependent operations
- Interest rate environment favourable for the capital-intensive sector
- Government policy support for domestic manufacturing
- Global commodity cycle showing signs of recovery
Trading Psychology Notes:
Behavioural Considerations:
- Stock showing classic accumulation after major decline
- Institutional buying is likely during the base formation period
- Retail sentiment improving with breakout confirmation
- FOMO factor may drive further momentum
Market Sentiment Indicators:
- Relative strength improving against the broader market
- Sector rotation favours cyclical stocks
- Technical breakout attracting momentum traders
- Long-term investors find value after the correction
My take:
This technical setup presents a compelling risk-reward opportunity with clearly defined entry, exit, and risk management parameters. The combination of a strong technical breakout and improving sectoral fundamentals creates a favourable environment for potential gains.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
KIOCL (Breakout soon)KIOCL is in accumulation and today up with impressive gains of 15%.
Volumes are crazy and stock is moving with good momentum. A retracement is on cards near 265-260 zone. You can enter near these zones to gain 350-380.
NOTE: I'm not a SEBI REG. Study before investing or consult your financial advisors.
Sector AnalysisHello & welcome to this analysis
In this video I have covered
Nifty Next 50
Nifty Small Cap Index
Nifty Mid Select Index
Nifty Energy Index
Bank Nifty
Nifty Metal Index
All analysis are based on the multi time frame study of Ichimoku and Harmonic Trading Patterns
Hope it helps you in identifying trend direction with support and resistance for the coming days and weeks
Best Regards
SAIL Bullish setup for 1:4 risk reward Metal sector is near reversal, it has retested breakout level of 9493.
SAIL Also retested the breakout and made reversal with strong volume candle.
SWING TRADE
Buy SAIL
Above 131
Stop Loss: 125
Target 1 (1:2) 142
Target 2 (1:3) 148
Target 3 (1:4) 153
Duration 3-4 months
Trade as per your risk-taking capacity
Graphite India for 100%+ upsideDate: 21 Sep’24
Timeframe: Weekly chart
Graphite India currently seems to be in Wave III of 3 which is heading towards 1400 levels (130% growth from current price) as seen in the chart. Even if it attains its previous all time high of August 2018, that’s almost double its current price. If one can handle the fluctuations that operators inject from time to time and hold tight, this one is a no brainer.
This is not a trade recommendation. Please do your own analysis.
IMFA heading towards 1000?Date: 22 Sep’24
Stock: Indian Metals and Ferro Alloys (IMFA)
Timeframe: Daily
As mentioned in my idea posted on 10 Sep’24 (link is in Related Ideas section), IMFA seems to have completed Wave IV of 3 on 13 Sep’24 and begun Wave V impulse towards 950 as seen in the chart. It can very well go past 1000 as well, only further moves can confirm this.
This is not a trade recommendation. Please do your own analysis.
National aluminium co. Ltd ascending triangle breakout completeNSE:NATIONALUM Ascending triangle breakout complete
Do as directed
Weekly chart uptrend chart. Trading near strong support zone
Rising volume breakout
This is not trading recommendation or advise 🚨
Do your analysis before taking any step.
This Breakout took 14 years to happen | VEDL ⭕️Equity Traders Alert ⭕️ Long-Term Investing Journey!!!
Looks set for more gains! 📈 Strong technical signs suggest the stock could keep rising, so it’s worth keeping an eye on for potential opportunities! 🚗💨
⭕️Price Action Analysis Alert !!!⭕️
💡Equity Stock Trading📉📈📊
✍️Technical Reasons to trade or Strategy applied :-
✅ Upside Trendline Breakout
✅ Major Demand Zone
✅Tight range seen before Bo
✅Strong Chart Pattern (Rising Wedge Pattern)
✅Multi-TF Analysis
✅All-Time-High Breakout(10/14 years)
✅Strong Volume seen
⭕️Some News of Vedanta⭕️
👉Vedanta to consider fourth dividend for FY25 on October 8.
👉Third dividend approved on September 2; payout ₹7,821 crore.
👉Expanding nickel sulphate production.
👉Issued $900 million bond at 10.875%.
👉₹1 lakh crore investment in Rajasthan.
💡Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
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Technical Analysis of LME INDEX Based on Elliott WavesTechnical Analysis of LME INDEX Based on Elliott Waves
The information provided in this response is based on the analysis of the Elliott Wave chart and does not constitute financial advice. The author is not responsible for any investment gains or losses incurred by individuals who rely on this information.
Elliott Wave Theory is a technical analysis method that identifies recurring patterns in financial markets. These patterns, known as Elliott Waves, are based on the idea that human psychology and behavior drive market movements.
Key Elliott Wave Principles:
Five-Wave Impulse: A five-wave pattern that represents an uptrend or downtrend.
Three-Wave Correction: A three-wave pattern that represents a pause or reversal in the trend.
Fibonacci Relationships: Numerical relationships between different waves, often expressed as ratios (e.g., 0.618, 1.618).
Analysis of the LME INDEX Chart:
Based on the provided Elliott Wave chart, it appears that the LME INDEX is currently in the early stages of an impulse wave structure. This suggests a strong uptrend is underway.
Specific Observations:
Wave 1: The initial upwave has likely been completed.
Wave 2: A corrective pullback also looking done.
Wave 3: The next wave is expected to be a powerful extension of the uptrend.
Impact on Commodities and Indian Metal Stocks:
The LME INDEX is a crucial benchmark for the metals market. Its price movements can significantly impact the prices of individual metals and related commodities. Indian metal stocks, such as Vedanta, NALCO, and Hindustan Zinc, are directly influenced by the LME INDEX.
Educational Purpose:
It's important to emphasize that this analysis is for educational purposes only and should not be considered as trading advice. The financial markets are volatile, and past performance does not guarantee future results. Investors should conduct their own research and consult with financial advisors before making any investment decisions.
I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
IMFA for 55% upmove Indian Metals and Ferro Alloys (IMFA) on daily chart seems to be in final stages of Wave IV of 3 which may culminate around 600 levels or has it made a bottom(?); only the next few sessions can confirm that. Wave V of 3 is likely to see price up move towards 930-940 levels (~55% jump from lows of wave IV) which is fantastic if it attains it (in next 6 months?).
This chart has been put up as an idea to share my views on the stock and in no way a trade recommendation. Please do your own due diligence and analysis.
Vedanta for 100% gainFor investing/trading in metal companies, one needs patience as hard. On weekly charts, the stock seems to be in Wave 3 which is heading towards 800+ that is also the 1.618 fibonacci level as seen in the chart. In the current run up, it may go up another 5-10% (around 440 levels) before hitting a Wave (II) correction towards 350-325 levels.
Please note there are a few assumptions with which these levels are arrived at. In case of deviation in the route to its target, those assumptions are altered. You can avoid all panic if you manage your positions well.
Investment pick:-SAILSAIL is on the verge of giving big monthly breakout from trendline.
It is one of the few PSU stocks which have not shown rally in past couple of years.
We can expect huge upside in this stock given the improved profitability and efficiency of the company.
Definitely a must have stock in portfolio if interested to invest in metal sector.
However, metal sector is highly cyclic and have higher risk associated.