Suven Pharma Swing Trade (Long)Suven Pharma is in Uptrend in Daily TF.
On 2h timeframe, it is in uptrend and has grabbed liquidity from Weekly low and daily low.
If Nifty holds current levels ie 22400, then there are high chances Suven Pharma will touch ATH soon.
The Risk Reward is more than 1:8
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Multiple Time Frame Analysis
#SDBLFundamentals:
* ROCE - 19.4%, ROE - 18.4%. Debt to Equity - 0.21
* EPS / Revenue - has been steadily increasing
* FII/FPI have increased holdings from 0.56% to 0.90% in Dec 2024 qtr.
* Institutional Investors have increased holdings from 0.57% to 0.92% in Dec 2024 qtr.
* Promoters have increased holdings from 35.33% to 36.32% in Dec 2024 qtr.
Technicals:
* Bullish Candlestick Patterns - Closing Marubozu Uptrend / Long Line Uptrend
* Weekly Chart shows that 10 WEMA is crossing above the 20 WEMA
* On daily chart, there is a low risk entry available
* Two days of green candles Price is forming a tight action and emerging from a cup formation
* Volumes had declined while consolidating and with up move are now showing signs of increase
* RVOL and ADR is great and spiking
* Relative strength is strong / Momentum indicates steady maintenance / ADR is 5.8% and indicating up move
Good for positional trade. SIP type entry considering that market is pretty crazy as of now.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
Bajaj Holding Short Term Swing TradeBajaj holding has grabbed monthly and weekly liquidity while maintaining is uptrend.
If Nifty holds current levels ie. above 22400 then Bajaj Holding has high chances to move up and continue its trend.
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US100 View for feb last weekUS100 is reversing from the demand zone and waiting for the confirmation to enter buy side.
Here is the view for educational purposes
Buy zone is marked between 20926.5 - 21040.8. It will be the high probability area. So, wait for the confirmation before entry.
Trade with 1:3 RR and it might touch all time high again. Trade accordingly.
It might be weak below the marked zone.
Trade after the confirmation.
Hero MotoCorp I Bullish Signals – Time to Invest or Trade?Trade Plan
Enter after strong Breakout of 3,896 levels, Stop loss below entry candle 15m time frame(Not more than (0.5%)
Pro Tip
As we are on a weekly support of the stock and it is taking support from it we could be seeing a trend day where the price consistently moves in one direction throughout the trading session, with minimal price reversals. So to capture the big move You can trail stoploss on previous swing or an EMA of your preference. Eg:10,20
Buy above 3,896.70 ( after close on 15m TF)
Target 1 - 3,950.95
Target 2 - 3,976.15
Target 3 - 4,015.55
Not an Investment Advise
#Nifty 50 Lalagi In Rang Bound? Weekly Wrap #Nifty 50 17/02/25First Step of a successful trader is to build a Trade plan & review what he has done. (education purpose for all )
*Trend is rangbound, Short term Bullish.
*Trade plan: Buy on dip.
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
ONGC : Is oil Going to burn?
Technical View
Box trading strategy in which you identify a stock consolidating for couple of days and trade in the direction of the breakout. In case of ONGC the stock was consolidating for about three days before breaking out earlier today.
PRO TIP
Use the High of the candle as your stop loss and trail it to either protect profits or hold your trade for longer duration.
Target 227 Intra-day Target
Fundamentals
Weak Q3FY25 Results:
ONGC's consolidated net profit attributable to owners declined by 19.4% to ₹8,621.69 crore in Q3 FY25, compared to ₹10,703.13 crore in the same period last year. This drop was attributed to lower global crude prices.
The company reported a 6.9% decrease in net profit for the quarter, standing at ₹9,784 crore, down from ₹10,511 crore in the same period last year.
ONGC's gross revenue also showed a slight decline of 0.7%, falling to ₹1.66 trillion in Q3 FY25, compared to ₹1.67 trillion in Q3 FY241. The company's revenue from operations also saw a decline, reaching ₹166,096.68 crore.
Bearish Trend: The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which indicates a bearish trend in its short to long-term performance.
Brokerage Views:
CLSA has cut its FY25 EPS estimate by 5% due to cautious outlooks on the company's production and profitability
Not an investment advice
VBL - Value BUY?The monthly chart shows that the prices are touching the moving average (middle band) if the Bollinger bands for the first time after a 26 bars (monthly) rally. It also touching the RSI level of 60 for the first time from above.
On the WEEKLY chart it can be seen that it has crossed below 50 EMA with average volumes and there is no strong bearish follow up, forming bullish wick candles as it approaches the support level of 520.
On daily chart it is indicating a breakdown reclaim pattern of the low from 08/10/24
With a strict stoploss of 510/480 , we can expect an upwards rally with hurdles being at the levels of - 580 / 620 / 650
CMP - 540
Weak OPENING an opportunity for tomorrow!?As we can see BANKNIFTY broke below and following the global cues, we can expect bearishness in coming days but we can an eminent support hence if managed to take support then we may see some sharp recovery in the Market but the trend has changes and would continue to be bearish but can show short term bullishness so plan your trades accordingly.
Wipro Buy Idea: Trend Line Breakout on 1-Hour Timeframe Wipro has broken a key trend line on the 1-hour chart, signaling a potential trend reversal. Consider buying around ₹295 after confirmation of a reversal on lower timeframes (e.g., 15-minute chart). The target is set at ₹310, with a suitable stop-loss below ₹290 to manage risk. [/
Bitcoin Analysis: Shakeout or Rally? Let's Read The Chart!The Crypto market is buzzing with speculations right now! Some believe that the recent fall in Bitcoin was nothing more than a shakeout, and a massive rally is just around the corner. Meanwhile, there’s news floating around that the federal government has sold a huge chunk of BTC and plans to sell even more.
But here’s the thing: financial markets don’t run on speculations, and news usually hits the market after the action is already done. So, let’s forget the noise and get straight to the business of reading what the chart is telling us.
Before we dive into the analysis, ask yourself this: What kind of trader are you? When you invested in the market, did you have a plan? Was it a short-term play (swing trade) or a long-term investment?
For Long-Term Investors
If you’re a long-term investor, there’s no need to worry. The trend for Bitcoin is still bullish on the daily time frame. What we’re seeing now is just a corrective move, and this is how price behaves—it moves in waves. Every dip is an opportunity.
The next key buying zone for long-term investors lies between 70500 - 74000, a level that hasn’t been tested since the breakout on 6th Nov 2024. So, be patient and let the price come to you.
For Short-Term Investors
If you’re a short-term investor, this analysis is specifically for you.
Currently, Bitcoin’s price has been moving consistently upward over the last few hours. It has even broken out of the last lower high. However, let’s not get carried away just yet.
There are multiple resistance zones above, and it won’t be an easy ride for the buyers. These zones offer an opportunity for sellers who missed the chance to short from the top.
The real turning point for buyers will be the 0.618 Fibonacci level. Once this level breaks and the price sustains above it, we might see buyers gaining confidence to push the price higher.
Also, don’t forget to check out my detailed analysis of the Ethereum chart.
Banknifty Fibonacci Time zones Analysis📊 Fibonacci Time Zones: A Gateway to Market Timing 🕰️
The Fibonacci Time Zone Tool is a unique and powerful feature in TradingView, based on the mathematical sequence introduced by Leonardo Fibonacci, a 13th-century Italian mathematician. Widely used in financial markets, this tool helps traders identify potential time-based turning points.
🔑 How It Works:
By plotting three key points—two highs and one low (or vice versa)—this tool extends Fibonacci ratios (0, 0.618, 1, 1.618, etc.) as vertical lines on the chart. These lines represent potential time cycles where significant market events or reversals could occur.
✨ Historical Context:
The Fibonacci sequence gained prominence in trading thanks to Ralph Nelson Elliott, who incorporated it into his Elliott Wave Theory. His work highlighted the importance of natural cycles and ratios in financial markets.
📖 Recommended Reading: "Elliott Wave Principle: Key to Market Behavior" by Frost and Prechter explores this concept in depth.
📈 This Week's Market Observation:
Plotted on the Fib Time Zone Tool using:
March 2020 Low
October 2021 High
June 2022 Low
This week marks the 1.618 Fibonacci Extension—the Golden Ratio, often associated with significant turning points.
🚦 Key Levels to Watch:
1️⃣ Above 49,798 (the high from 2 days ago): Signals a potential reversal to the upside.
2️⃣ Invalidation Level: Low of January 10, 2025.
Doesn't this look like a GUN :D
⚡ Why This Matters:
The confluence of Fibonacci time zones and price levels could indicate a pivotal moment for the index. Stay alert for a breakout or reversal as the market reacts to this significant golden ratio!
🌐 Pro Tip: Combine the Fib Time Zone tool with other indicators like volume and candlestick patterns to confirm market behavior around these time zones.
📥 Share your thoughts or let us know if you’re using this tool in your analysis!
Time to get CAUTIOUS !!BANKNIFTY can be seen closing below 50000 mark which had been an important support and psychological level, also the major trend line as well demand zone has been broken with formation like inverted head and shoulders structure hence FRIDAY could really be an important day to decide further rally. If managed to close above 50000 then we may see some respite and recover else major selling is expected of more than 3000++ points in coming trading sessions so plan your trades accordingly.
AMD Effect on the BankniftyThe chart clearly reflects how the big players have done stop loss hunting where most retail traders and investors have their stop losses below a consolidation. It is clearly seen that the big players induced false buying and dragged the prices all the way down first triggering all stop losses and now gearing up the market to take it up in the intended direction.
BANKNIFTY at MAKE or BREAK level !! As we can see BANKNIFTY tried to break but couldn’t sustain below the demand zone and managed to close above the demand zone which shows chances of recovery in market but in any case breaks below and sustain then another sharp unidirectional rally can be seen in BANKNIFTY of more than 2000++ points in few trading sessions so plan your trades accordingly and keep watching.
Another directional RALLY coming up..?As we can see BANKNIFTY did respect its strong demand zone but remained flay throughout the day after opening strong. But following the bigger tf we can see BANKNIFTY trading at very crucial demand zone which has become weak now. Hence any closing and sustainment below the demand zone can lead to unidirectional 2000++ downfall as it would not only break the demand zone but also break the psychological level of 50000 so plan your trades accordingly and keep watching.