Diwali Muhurat Trading Pick - Samvat 2081 - Sector BaseMUHURAT TRADING PICKS
SAMVANT 2081
AUTO SECTOR
📊 Script - MOTHERSON
⏱️ C.M.P 📑💰- 181.15
🟢 Target 🎯🏆 - 216
🔵 Target % 🎯 - 16.13
📊 Script - TATAMOTORS
⏱️ C.M.P 📑💰- 835.25
🟢 Target 🎯🏆 - 1040
🔵 Target % 🎯 - 19.69
📊 Script - APOLLOTYRE
⏱️ C.M.P 📑💰- 502
🟢 Target 🎯🏆 - 615
🔵 Target % 🎯 - 18.37
POWER SECTOR
📊 Script - POWERGRID
⏱️ C.M.P 📑💰- 320.8
🟢 Target 🎯🏆 - 383
🔵 Target % 🎯 - 16.24
📊 Script - JSWENERGY
⏱️ C.M.P 📑💰- 679.8
🟢 Target 🎯🏆 - 804
🔵 Target % 🎯 - 15.45
FINANCIAL SECTOR
📊 Script - PFC
⏱️ C.M.P 📑💰- 455.2
🟢 Target 🎯🏆 - 536
🔵 Target % 🎯 - 15.07
📊 Script - HUDCO
⏱️ C.M.P 📑💰- 217.19
🟢 Target 🎯🏆 - 272
🔵 Target % 🎯 - 20.15
📊 Script - PTC
⏱️ C.M.P 📑💰- 182.5
🟢 Target 🎯🏆 - 215
🔵 Target % 🎯 - 15.12
FMCG SECTOR
📊 Script - VBL
⏱️ C.M.P 📑💰- 600
🟢 Target 🎯🏆 - 702
🔵 Target % 🎯 - 14.53
📊 Script - DODLA
⏱️ C.M.P 📑💰- 1181.2
🟢 Target 🎯🏆 - 1384
🔵 Target % 🎯 - 14.65
📊 Script - RADICO
⏱️ C.M.P 📑💰- 2379
🟢 Target 🎯🏆 - 2569
🔵 Target % 🎯 - 7.40
IT SECTOR
📊 Script - NEWGEN
⏱️ C.M.P 📑💰- 1285
🟢 Target 🎯🏆 - 1405
🔵 Target % 🎯 - 8.54
📊 Script - CIGNITITEC
⏱️ C.M.P 📑💰- 1414
🟢 Target 🎯🏆 - 1552
🔵 Target % 🎯 - 8.89
📊 Script - MPHASIS
⏱️ C.M.P 📑💰- 2883.5
🟢 Target 🎯🏆 - 3283
🔵 Target % 🎯 - 12.17
METAL SECTOR
📊 Script - JINDALSAW
⏱️ C.M.P 📑💰- 316
🟢 Target 🎯🏆 - 354
🔵 Target % 🎯 - 10.73
📊 Script - JSL
⏱️ C.M.P 📑💰- 672.3
🟢 Target 🎯🏆 - 766
🔵 Target % 🎯 - 12.23
📊 Script - WELCORP
⏱️ C.M.P 📑💰- 728.65
🟢 Target 🎯🏆 - 794
🔵 Target % 🎯 - 8.23
📊 Script - HINDZINC
⏱️ C.M.P 📑💰- 557
🟢 Target 🎯🏆 - 641
🔵 Target % 🎯 - 13.10
REFINERIES SECTOR
📊 Script - HINDPETRO
⏱️ C.M.P 📑💰- 382
🟢 Target 🎯🏆 - 424
🔵 Target % 🎯 - 9.91
📊 Script - IOC
⏱️ C.M.P 📑💰- 142.89
🟢 Target 🎯🏆 - 161
🔵 Target % 🎯 - 11.25
📊 Script - CHENNPETRO
⏱️ C.M.P 📑💰- 640.7
🟢 Target 🎯🏆 - 734
🔵 Target % 🎯 - 12.71
PHARMA SECTOR
📊 Script - AJANTPHARM
⏱️ C.M.P 📑💰- 3052.55
🟢 Target 🎯🏆 - 3253
🔵 Target % 🎯 - 6.16
📊 Script - MARKSANS
⏱️ C.M.P 📑💰- 290.25
🟢 Target 🎯🏆 - 313
🔵 Target % 🎯 - 7.27
📊 Script - PPLPHARMA
⏱️ C.M.P 📑💰- 268
🟢 Target 🎯🏆 - 300
🔵 Target % 🎯 - 10.67
REALITY SECTOR
📊 Script - OBEROIRLTY
⏱️ C.M.P 📑💰- 1980
🟢 Target 🎯🏆 - 2225
🔵 Target % 🎯 - 11.01
📊 Script - GODREJPROP
⏱️ C.M.P 📑💰- 2883.5
🟢 Target 🎯🏆 - 3198
🔵 Target % 🎯 - 9.83
📊 Script - ANANTRAJ
⏱️ C.M.P 📑💰- 740
🟢 Target 🎯🏆 - 761
🔵 Target % 🎯 - 2.76
HOTELS AND RESTAURANTS SECTOR
📊 Script - INDHOTEL
⏱️ C.M.P 📑💰- 676.3
🟢 Target 🎯🏆 - 750
🔵 Target % 🎯 - 9.83
📊 Script - CHALET
⏱️ C.M.P 📑💰- 870
🟢 Target 🎯🏆 - 973
🔵 Target % 🎯 - 10.59
THESE PICKS ARE FOR PURLY LONG TERM
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
HAPPY DIWALI AND PROSPEROUS NEW YEAR 🎆🧨
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Muhurattrading
BankNifty Muhurat Trading Support & Resistance for 01.11.2024✨ Happy Diwali and Auspicious Muhurat Trading! ✨
On Thursday, BankNifty opened flat to negative and, despite an initial high of 52,005.60, faced selling pressure in banking stocks, dropping nearly 700 points to a low of 51,318.10. It found some support at the 15m demand zone, closing at 51,475.35, down 332 points from the previous close. The Weekly Trend (50 SMA) remains sideways, as does the Daily Trend (50 SMA). Larger time frame demand and supply zones (75m, Daily, Weekly) remain unchanged.
Small Time-Frame Demand/Support Zones
Near Demand/Support (5m): 51,158.65 - 51,233.50
Near Demand/Support (15m): 50,382.10 - 50,485.15
Small Time-Frame Supply/Resistance Zones
Near Supply/Resistance (5m): 51,638.05 - 51,688.85
Near Supply/Resistance (15m): 51,692.50 - 51,799.75
Near Supply/Resistance (15m): 52,264.05 - 52,349.45
Larger Time-Frame Demand/Support Zones
Near Demand/Support (Daily): 49,654.65 - 49,959.25
Far Support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support (Daily): 44,633.85 - 45,750.40
Larger Time-Frame Supply/Resistance Zones
Near Supply/Resistance (Daily): 51,855.15 - 52,577.50 (tested)
Far Supply/Resistance (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance (Weekly): 53,741.40 - 54,467.35
Wishing you a prosperous Muhurat trading session and a joyous Diwali! 🪔📈
Nifty Muhurat Trading Support & Resistance Levels for 01.11.2024✨ Happy Diwali and Prosperous Muhurat Trading! ✨
On Thursday, Nifty opened almost flat but faced selling pressure, hitting a low of 24,172.60 before closing at 24,205.35, down by 135 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is Negative. Larger time frame demand and supply zones (75m, Daily, Weekly) remain the same as previously noted.
Small Time-Frame Demand/Support Zones
Near Demand/Support (15m): 24,073.90 - 24,099.10
Small Time-Frame Supply/Resistance Zones
Near Supply/Resistance (15m): 24,328.00 - 24,372.45
Near Supply/Resistance (5m): 24,463.10 - 24,498.20
Near Supply/Resistance (15m): 24,522.25 - 24,583.50
Larger Time-Frame Demand/Support Zones
Near Demand/Support (Weekly): 23,893.70 - 24,419.75 (tested)
Far Demand/Support (Daily): 23,350 - 23,667.10
Larger Time-Frame Supply/Resistance Zones
Near Supply/Resistance (75m): 24,636.75 - 24,741.45
Near Supply/Resistance (Daily): 24,664.95 - 24,978.30
Wishing you all a profitable Muhurat session and a bright Diwali ahead! 🪔📈
IDFC LTD: DIWALI 2023 PICKStock has given a breakout of 15 years of range and rising in an impulsive manner. The impulse will be unfolding into a five structure of which 'Third-wave' is unfolding. An we already know that Third waves are the wonder to behold. Stock has a potential to reach 220-240 in the coming 1-2 years. On the downside major support is at 75. Only a sustained closing below 75 will force us for the re-assessment of the idea. Until then we are aggressively bullish on the stock for 220-240 zone and beyond that in the coming years.
Happy Diwali
#Diwali2023
10th Nov ’23 - BankNifty PostMortem - Ascending channel drawnBankNifty Analysis
The real reason why Nifty50 reversed course today - BANKNIFTY. Yesterday we discussed how it took out the swing high set on wednesday. You wont believe that we took out yesterday’s swing high today even after opening with deep cuts.
In the opening minutes, we dropped to 43504 well below the first support of 43566. I really thought the support would yield, but it did not. By 10.10 we started climbing. BN took a rest at 13.00 after which there was a minor retracement. Then at 14.50 we got our 2nd leg of climb that went all the way up to 43908. It sure looked like Dhanteras/Diwali buying.
On the 1hr TF, I have drawn an ascending channel with the first target to beat being 44063. I wish to go bullish above that, till then I will hold on to my non-directional bias. I will not be writing about Muhurat trading on Sunday, but will mention any anomaly in my Monday report.
10th Nov ’23 - PostMortem Nifty50 - Diwali Buyers are here ?Nifty Analysis
Recap from yesterday: “For tomorrow, I wish to maintain my neutral stance but wish to go short if 19310 gets broken. Somehow I feel the chances of a fall have a higher probability than a rise. If we are breaking 19446 tomorrow, then I would like to wait till 19562 gets broken to change my stance to bullish.”
If you watched the opening 45 minutes today, you would have believed that the chances of breaking 19310 were pretty high. The intraday low was 19329, just 19pts away from our go-bearish target. The main reason we had a weak opening would be attributed to the weak handover from US markets yesterday. SPX closed at -0.8% yesterday.
Our markets had other plans today, the LOD was hit in the opening candle itself and then we started climbing. We climbed all the way up to 19446 resistance level and got timed out. So what was this outperformance all about? I guess people are ready to empty their DIWALI wallets to buy new stocks.
Except for the first candle, all other candles were in green and somehow gave the impression of strength. It really takes so much power to rally right from the support zone to the resistance zone, so what Nifty50 did today was amazing. For monday, I wish to continue with the neutral stance - but a slight bias to the bullish side after seeing today’s momentum. The first level to watch will be 19562 on the upside and 19310 downside.
We have a Muhurat Trading session at 6pm on Sunday 12th November as part of Diwali festival. Usually, people buy stocks for the long term on this special occasion. By default it is a bullish activity because more people come with the intention to buy - but I personally have no bias as I dont buy stocks when its overvalued. All these days, I was looking at how overvalued our stock indices were compared to global peers when Karachi100 got my attention. The chart below will amaze and amuse you. From June 2022, Karachi100 is up 37.87% compared to Nifty +3.48%.
RVNL | 45 +25% LONG TERM INVESTMENT | MUHURAT TRADENSE:RVNL
Trade Logic | BREAKOUT TRADE SHARED FORM 28. MUHURAT TRADE 2021.
Entry 36
Stop 30 -20%
Target 45 +25%
RR 1.25+ 2nd Target Open
Details on chart as always
1 free trade idea daily.
Trade Size 2% Max
Max Trades 20/ Month
Time Frame 20 Day. 1 Month. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
TRADING VIEW | TRADE RECORD | NOV 21
TEST FIRST / THEN TRADE