Adani Gas Retraced long swing Hello everyone,
Adani total gas jump from bottom 575 to 860 now trading at 745 retrace 38% with volume drop indicates sellers dont have strength RSI also adjusted from overbought to now near 40 ema 50 support is there good long set up for trend fibbo extension 0.61% i.e 920++
Multiple Time Frame Analysis
BTC Short setup for 04-12-2024 Looking for the short setup from two point of zone.
First zone is at 97k and second one is at 97800 levels as marked in chart.
BTC seems changing the direction for the shortterm correction till 87-85k levels.
Entries would be identified after finding the reversal setup as mentioned in the chart.
Trade with right risk and reward.
This is shared only for the educational purpose.
STRONG closing shown by BANKNIFTY If managed to sustain above our zone then 1000 upmove can be seen in coming days before finally getting rejected from the gap which could potentially act as a RESISTANCE, till then BANKNIFTY has over 1000++ points to move so plan your trades accordingly and keep watching
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.
IGARSHI - Breakout from the resistanceIGARSHI has shown a promising breakout above the resistance level, signalling potential bullish momentum. However, to confirm the breakout’s strength, it’s crucial to wait for the weekly candle to close above the resistance.
Once confirmed, it could be a solid entry point and expected to move at least 40%
BANKNIFTY has gap to fill..!As we can see a massive gap which is yet to be filled hence despite the break of zones, we might see this gap to be filled before continuing its rally. As of now following the Indian GDP news, we can expect a weaker opening which could also lead to gap covering and any short covering from that area could lead to continuations of bull run so plan your trades accordingly.
Tata Motors Intraday Ideas for December first wek 2024hi! this is Kapil,
Traders know the Secret of intraday trading in Tata Motors.
One candle close above with volume will result into targets
of both sides in Tata motors in 2024 Dec first week.
Disclaimer - Before making any actual investment or trading decisions, it is strongly recommended that you consult a qualified broker or financial advisor.
Reliance Industries Dragon Fly Doji in Weekly chart at SupportHi this is Kapil,
Reliance Industries took support at 1257 on weekly and monthly support area, Made Dragon Fly Doji on weekly chart as well
Bulls can be seen pulling the price back above the support level of 1237.
after 43% upside swing in one year from oct 2023 to oct 2024 the stock looks in minor consolidation period
to a possible reversal we can plan adding reliance in our portfolio with annual returns of 25-20% for 2025 year.
Next support below 1200 is at 1004. So add near here and @1015
Near term targets are 1405 and 1569 in 2025-2026.
Special Note- Reliance will actually be used as index management tool so every hourly oversold portion can be seen
as possible reversal for intraday basis.
Consult your Financial advisor before making any decisions
Potential Swing Reversal in HILHIL limited was seen reversing from support and there is high possibility of it to move towards the channel resistance
TRAPPED..? BANKNIFTY couldn’t sustain or hold itself above our given levels leading to big fall and we had discussed about it before as it can show multiple fakeouts before finally breaking out so we have to wait for candle to close above the given range for trend confirmation so plan your trades accordingly and keep watching.
BERGER PAINT - FUTURE TRADING IDEA ON LONG SIDESymbol - BERGEPAINT
BERGEPAINT is currently trading at 491
I'm seeing a trading opportunity on buy side.
Buying BERGEPAINT Futures at 491
I will add more long position at 480, if comes.
Holding with SL of 470
Targets I'm expecting are 512 - 525 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BEARISH FLAG IN BANK NIFTY - TIME FOR A SHORT TRADE ?Symbol - BANKNIFTY
CMP 51350
BankNifty has turned its trend from bullish to bearish & sideways making lows - lows on daily time frame & It was trading in a bearish channel. We can see a Bearish Flag pattern getting formed in BankNifty. Such patterns on larger time frame don't usually fail. BankNifty is currently trading near break down trendline of this pattern. Breakdown & sustaining below this trendline zone 51150 - 51000 will get this pattern activated & we can see big target towards downside.
Target on downside can be 47400
P.S. : My short position is already active from 51800
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
AU SMALL FINANCE BANK - SWING TRADING IDEASymbol - AUBANK
AUBANK is currently trading at 575
I'm seeing a trading opportunity on buy side.
Buying AUBANK Futures at 575
I will add more long position at 566, if comes.
Holding with SL of 558
Targets I'm expecting are 600 - 620 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BANKNIFTY can show new ATH if sustained above 52500…? As we can see BANKNIFTY got rejected exactly where we expected it to get rejected and remained sideways to negative and it could continue for upcoming days until it breaks and sustains above 52500 levels which could show new ATH so plan your trades accordingly and we may see volatility here leading to multiple fakeouts.
52500 is that needs to be broken to confirm new ATH for BNF ! As we can see BANKNIFTY has shown over 2200++ points since last few days and we stood adamant to our decision of buying the dip till our level was not breached below hence following our view, we can expect BANKNIFTY to start rejecting at 52500 levels or can trap showing breakout but if sustains then we may see new ATH for BANKNIFTY so plan your trades accordingly.
strong REVERSAL but can it SUSTAIN..?As we can see BANKNIFTY showed strong reversal wiping last 3 day losses in a single day but the main question is that will it sustain it higher levels..? Following the ongoing events, the lopsided win of ruling government in Maharashtra can add fuel to fire and hence can result in strong opening but the closing is to be noted hence tomorrows closing is going to be really important to confirm bigger targets so plan your trades accordingly and keep watching.






















