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Moving Averages

LTIM: Sideways Consolidation Continues After Strong 2021 RallyLTIM has been trading in a well-defined range since its 2021 bull run, with strong support and resistance levels dictating its movement, between 4000 and 7000. Key points: 1. The stock faces heavy resistance at 6800, as the 23.6% retracement level acts as a strong barrier. 2. Price consistently finds support at the 50% retracement level and has bounced back from this level multiple times. 3. The stock is currently near the 50% retracement level and trading below the 180-day exponential moving average, making it oversold.
NSE:LTIMLong
by yogeshwar
SBIN: Holding Strong Amid Market Weakness but Facing Further DowTopic Statement: SBIN has experienced a relatively minor correction compared to the broader market, but technical indicators suggest the possibility of further downside. Key points: 1. The stock has corrected to the 23.6% retracement level and attempted to break below but has reverted to this level. 2. Price is near the 180-day moving average, signaling a crucial support zone. 3. Weekly RSI is at 38, indicating persistent selling pressure, with a potential decline to the 38.2% retracement level at 612.
NSE:SBIN
by yogeshwar
Reliance: Leading the Market Correction & Nearing Strong SupportTopic Statement: Reliance has undergone a sharp correction in recent months, significantly influencing the broader market downturn, but key technical levels suggest a potential stabilization. Key points: 1. The stock has corrected to the 38.2% retracement level, receiving strong support. 2. Price is now below the 180-day exponential moving average, indicating oversold conditions. 3. Weekly RSI stands at 34, marking an oversold zone from a long-term perspective.
NSE:RELIANCELong
by yogeshwar
Monthly Breakout On RSI & TrendlinePlease check Monthly Trendline over RSI - From 2018 to 2025 RSI Trendline Breakout done Last month & Sustain in crusial month also Second thing if we check Trendlines over Chart - Stock is taking regular support from 2014 to till date if we check from 2021 to till date consolidation zone - Stock is going to breakout this zone (final conformation above 2080, for Safest Entry) But as per current scenario and situation i thing kotakbank will be a good choice if market start upward direction
NSE:KOTAKBANK
by StockviewPari
Havells: Testing Key Support Levels Amid Market CorrectionTopic Statement: Havells has corrected along with the broader market and is now approaching critical support levels that may determine its next move. Key points: 1. The price is taking heavy support at the 38.2% retracement level at 1,476. 2. The stock is trading close to the 180-day moving average. 3. Weekly RSI is at 40, indicating the stock is nearing oversold territory. 4. If the support at 1,476 fails, the price may decline further to the 50% retracement level at 1,280.
NSE:HAVELLS
by yogeshwar
MAX HEALTHCARE - Bearish after breaking down from Double Top DOUBLE TOP PATTERN - market has broken down from perfect double top pattern indicating potential downward fall for the stock VOLUME SURGE - market has shown sudden volume surge recently indicating downward fall is coupled with strong volume NEARING 100D SMA - market is hovering above 100D sma. In past, it had touched the 100D sma whenever it has come close to it indicating market may soon fall to touch this moving average TARGET - price may fall till the target of 1008
NSE:MAXHEALTHShort
by peace_lover
Angel One: Finding Support Amid Market Correction Topic Statement: Angel One has declined along with the broad market correction but is receiving strong support at key technical levels, suggesting a potential stabilization. Key points: 1. The price is receiving crucial support at the 50% retracement level, as it had previously. 2. The 2000 level aligns with the 50% retracement level, acting as a strong support zone. 3. The stock is currently trading below the 45-day moving average making the price oversold.
NSE:ANGELONELong
by yogeshwar
PNB Gilts Might CorrectPNB Gilts might correct in recent days to come. Here are the technical reason : 1)Trading below 20 EMA & 50 EMA on daily chart 2)Head & Shoulder Pattern formation on daily chart 3)On Monthly chart it's negative with 117.8 as last month low(August) which is an important support level. (Note: Not responsible for anyone profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
NSE:PNBGILTSShort
by GauravPrasad_GP
Bombay Burmah Trading Corp - Head & Shoulder Pattern & Retest!!Bombay Burmah had given breakout of Head & Shoulder pattern and now has entered retest zone on a monthly time frame. It is looking good and can move towards our targets as mentioned in the chart. Other factors: 1. Monthly Time frame set-up : Head & Shoulder Patter breakout and retest on a larger time frame is much stronger set-up. On a smaller time frame it can come down till support level given market conditions. 2. Stock price is taking EMA 20 as a support on MTF 3. Holds 50% in one of the largest FMCG Co. Britannia - FMCG sector should revive and should give tailwinds to this stock. 4. Hold many dimensional business and EPS is increasing on a YoY basis Keep this stock in your radar!! Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price !! Cheers!!!
NSE:BBTCLong
by Cleaneasycharts
2
Tata Consumer: Healthy Correction Within an Uptrend Topic Statement: Tata Consumer has undergone a healthy correction while maintaining its position within a broad up-trending channel, offering clear opportunities for channel trading. Key points: 1. The stock is moving in a broad up-trending channel, making channel trading easy. 2. The stock receives heavy support when approaching or touching the 180-day moving average. 3. The company reported a 6% profit decline QoQ in the third quarter.
NSE:TATACONSUM
by yogeshwar
Divi's Laboratories - Stable PerformerTopic Statement: Divi's Laboratories has shown resilience amidst the broad market correction, with stable price movements and potential for accumulation near the 180-day moving average. Key points: 1. Company reported a profit growth of 64% QoQ for the third quarter. 2. Price broke down from the up-trending channel, transitioning into a sideways pattern. 3. Strong resistance is present at the 6000 level. 4. The stock repeatedly approaches the 180-day moving average, presenting a good buying opportunity.
NSE:DIVISLABLong
by yogeshwar
Price Action vs. Indicators: Which Strategy is Better?Price Action vs. Indicators: Which One Works Better? Hello everyone! I hope you're all doing great in life and in your trading journey. Today, I bring an educational post on a widely debated topic in the trading community— Price Action vs. Indicators . Some traders swear by naked charts , while others rely on technical indicators for trade decisions. But which one is better? Let’s break it down! Price Action vs. Indicators: Key Differences Trading Approach: Price Action Traders analyze candlestick patterns, trendlines, support & resistance without using indicators. Indicator Traders use tools like RSI, MACD, Moving Averages to identify trade setups. Speed & Responsiveness: Price Action provides real-time signals based on raw market movements. Indicators are often lagging , meaning they react after the move has started. Simplicity vs. Confirmation: Price Action is clean and simple , but requires deep understanding. Indicators offer confirmation but can clutter charts if overused. Market Adaptability: Price Action adapts well to all market conditions . Indicators can be less effective in ranging or choppy markets . Who Uses It? Scalpers & Intraday Traders prefer price action for quick decisions . Swing & Position Traders often combine indicators with price action for confirmation. Which One Should You Choose? ✔ Use Price Action if: You prefer a clean chart and want to react directly to price movement. ✔ Use Indicators if: You like structured trading signals and need extra confirmation. ✔ Hybrid Approach: Many traders combine both methods for better accuracy—price action for direction, indicators for entry signals. Outcome: Both Price Action and Indicators have their strengths. The key is to find what suits your style, test strategies, and stay consistent. What’s your favorite trading method? Price Action, Indicators, or Both? Share your thoughts in the comments!
NSE:NIFTYEducation
by TraderRahulPal
6
Asian Paints: Oversold with Recovery Potential Topic Statement: Asian Paints has faced a sharp decline due to weak third-quarter results, but strong support levels suggest a potential recovery ahead. Key Points: 1. The company reported a profit decline of 23.5% QoQ in the third quarter. 2. The stock price fell sharply, creating a gap after the earnings announcement. 3. The price is taking heavy support at the 61.8% retracement level at 2260. 4. The stock is overextended below the 180-day moving average, making it highly oversold. 5. The weekly MFI is at 22, further confirming oversold conditions.
NSE:ASIANPAINTLong
by yogeshwar
MUTHOOTFINThe chart is self-explanatory and shared for educational purposes. The most prominent feature is the clear upward-trending channel that the stock price has been respecting. This is a significant bullish indicator, suggesting consistent upward momentum. The recent price action shows the stock price touching the bottom of the channel line. This suggests a potential bounce-back towards the upper channel line, further reinforcing the bullish sentiment implied by the channel. The alignment of the 50-day, 150-day, and 200-day moving averages, with the 50-day being highest, followed by the 150-day, and then the 200-day, is often considered a sign of a potential upward trend. Risk Management: Always use stop-loss orders to manage potential losses.
NSE:MUTHOOTFINLong
by NK-PK
ICICI Prudential: Oversold and Poised for Recovery Topic Statement: ICICI Prudential Life Insurance has made a healthy correction, positioning itself near strong support levels within an up-trending channel. Key Points: 1. The company reported a robust 43% profit growth QoQ. 2. The price is moving in an up-trending channel, providing clear trading opportunities. 3. The stock is taking support at the lower end of the channel, indicating oversold conditions. 4. The price is near the 180-day moving average, reinforcing the oversold status. 5. Weekly MFI is at 34 which also indicates the price being oversold.
NSE:ICICIPRULILong
by yogeshwar
8
Tata Motors: Oversold and Near Support for Potential ReversalTopic Statement: Tata Motors has experienced a significant correction in recent months, approaching a crucial support level that could signal a potential turnaround. Key Points: 1. The stock has corrected to the 61.8% retracement level, suggesting strong support at the current price level. 2. The price is near the 180-day moving average, indicating oversold conditions. 3. Weekly MFI is at 30, further confirming the stock is oversold. 4. The company reported a profit decline of -22% QoQ for the third quarter, which may cause the price to fall further, even below the 61.8% level.
NSE:TATAMOTORSLong
by yogeshwar
Analyzing Silver's Price Action: Educational Trade IdeaShort Bias Setup: Entry: Wait for the price to retest the descending trendline (~$31.50) and fail to break above it. Target: $30.00 (initial), followed by $28.50 if momentum persists. Stop Loss: Above $32.00 to protect against a trendline breakout. Alternative Long Opportunity: Entry: A confirmed breakout above the trendline with high volume (~$32.20). Target: $33.50 (resistance level) and beyond if the trend reverses. Stop Loss: Below $31.00 to minimize risk.
TVC:SILVER
by prajapat669