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Nifty500

SHIPIING CONTAINERS INDIA - SCI - Breakout from DTFShipping Containers India has resistance weakening on the Daily charts and has given a breakout with good volume. The target of this pattern signals an upside potential of 15% from the current price level in the medium term. The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than 2X, and the Volume is also 3.5X the average. There is an old support level acting as resistance, which is why the stock won't go over 191. To be safe, wait for the closing price. If it is above 191, it's good. CMP- Rs. 188 Target Price- Rs216 ( 15% upside) SL - 171 Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
NSE:SCILong
by ashutoshanand30
6
Nifty 500 – Price Action Update | Big Move Ahead?This chart, in my view, is a masterclass in how institutional money operates, flowing with incredible precision between high-timeframe demand and supply zones. Let’s break down the key moves we’re seeing right now. 🔎 A Deeper Look at the Price Action   The Initial Drop & Rejection: The price action began to form what looks like the left shoulder of an inverse Head & Shoulders pattern. During that period, we saw a sharp drop that created a fresh Weekly Supply Zone. The first time price reached this zone, it was rejected decisively, leading to a significant decline. Finding the 'Head' in the Right Place: Here’s what I find most interesting. The real support to form the 'Head' of the pattern wasn't random at all. If you look closely, the price found a rock-solid floor right inside a Monthly + Quarterly Demand Zone. This isn’t just a bounce; it's a high-timeframe decision point. The aggressive rally that followed is a clear and unmistakable sign of institutional activity. 🛡️ The Weekly Supply Zone: A Weakening Barrier   As the market rallied from the 'Head,' it once again faced rejection from that same Weekly Supply Zone, leading to the formation of the 'Right Shoulder.' That zone was fresh and powerful on its first test. But now, it’s a different story. Here’s the key takeaway: a tested zone loses strength, and this one has been tested multiple times now. We’re seeing a classic power shift here. The market is consistently drawing strength from the deep, high-timeframe Monthly and Quarterly demand, while the supply—once dominant—is now struggling to push the price down. It's a clear signal that the sellers are losing their grip. 🚀 Neckline Breakout: Is This a Bullish Trap?   Now, let's talk about the big move : the price has broken above the neckline of the Inverse Head & Shoulders. While this is a textbook bullish signal, a casual observer might hesitate. Why? Because this breakout is happening right inside that old Weekly Supply Zone. So, is this a bullish trap? I wouldn’t jump to conclusions just yet. Smart traders will notice a few critical things: The supply has been tested multiple times. Its integrity is compromised. No fresh, higher-timeframe supply has formed above this level. Demand is still originating from the strongest zones on the chart (the Monthly and Quarterly). This confluence of factors significantly increases the probability that this supply zone is finally on its last legs and a breakout is imminent. 🎯 Final analysis   📈 Stay sharp, trade clean, and respect the zones. This analysis is for educational purposes only. I’m not a SEBI-registered advisor and this is not a trading or investment recommendation. The institutional footprint is undeniable—big players have been accumulating near that Quarterly Demand. The price has been absorbing the Weekly supply slowly but surely, like a sponge soaking up water, and now it looks ready to explode. As long as the price holds above the neckline and key demand zones, bullish momentum is very likely to continue. If we see a solid candle close , I’d expect an impulsive rally that could take us toward the 24,000+ level. the momentum is clearly in favor of the bulls. So what do you think? Is this the start of a major move?
NSE:CNX500Long
by AfnanTAjuddin
HCC - Breakout from DTFHCC has resistance weakening on the Daily charts and has given a breakout with good volume. The target of this pattern signals an upside potential of 17% from the current price level in the medium term. The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than 1.5X, and the Volume is also 1.5X the average. CMP- Rs. 30 Target Price- Rs35 ( 17% upside) SL - 27.5 Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
NSE:HCCLong
by ashutoshanand30
Nifty 50 - Elliot Wave UpdateHere are the scenarios (ignore technical details (as I can post only one chart per post) Possibility 1: ED in E of E - 22400 should be low Possibility 2: C started in E - Can go till 22000 - 22250 Possibility 3: C1, C2 done C3 going on - This will be bad. - 21600 possible Tomorrow (Friday, Feb 28) is a crucial day for us to get the answer. Tracking Nifty 500 (currently at 20315) will give a better picture. Why? Because it was holding above the previous low, while Nifty had broken. This was giving the confidence that Nifty is divergent and forming a bottom, and we should head up after Feb expiry. So, here’s what we need to track in Nifty 500 (today’s close: 20315) ⁠ If we turn before 20130 - We'll go up till 22300-500 ⁠If we break 20130, then we'll first go down to 19300-500, and then recover to 21500-700 Best would be today’s closing becomes the bottom, and we have a +1% green day tomorrow - breaking 20550 tomorrow is important (20 month moving average). Let's see what the market has in store!
NSE:NIFTYLong
by pankajarora232
Lupin Ltd: Technical Analysis - December 2024Lupin Ltd (NSE: LUPIN) has displayed an impressive uptrend throughout 2024, supported by a strong ascending trendline (yellow). The stock has experienced healthy corrections along the way, forming a well-defined channel (blue) during its recent consolidation phase. Let’s break it down: Key Observations: Uptrend Continuation: The broader trend remains bullish, with the stock bouncing off the lower boundary of the channel and showing signs of a potential breakout above the resistance. Channel Pattern: A descending channel formation suggests a corrective move within the larger uptrend. The breakout towards the upper end of this channel indicates renewed buying interest. Support & Resistance Levels: Key Support: ₹1,697.50 (red horizontal line), which aligns with a previous demand zone. Immediate Resistance: ₹2,200 - ₹2,250, marking the channel breakout zone. Outlook: A sustained move above ₹2,200 could trigger a new leg of the rally, targeting ₹2,400 and beyond. On the downside, ₹1,900 and ₹1,697.50 will act as crucial supports in case of a pullback. Trading Strategy: Bullish Bias: Buy on dips near ₹2,100-₹2,150 with a stop-loss at ₹1,900. Breakout Play: Enter on a decisive close above ₹2,200 for potential upside. This technical setup provides a promising outlook for Lupin, making it a stock to watch in early 2025.
NSE:LUPINLong
by ayusharya_001
Nifty50 & Nifty500 Hits Critical Demand Zone: Ready for Bounce?Indian stock market has been in a downward for over a month, Let’s dive into the technical setups and explore potential scenarios. 🔥 Demand Zone Insight: Drop-Base-Rally (DBR) at Play On Friday, Nifty 50 entered a demand zone, specifically a Drop-Base-Rally (DBR) zone — an area often indicating unfilled orders from institutional buyers. In strong markets, simply entering the zone could signal a buying opportunity. However, since the broader trend has been downward, it’s more prudent to look for confirmation. Today, Nifty 50 delivered that confirmation entry by forming a bullish candle within this demand zone, suggesting that the price may now have the support it needs to reverse direction. This type of entry confirms that buyers are stepping in, providing traders a more reliable basis to consider potential setups. 📊 Nifty 500: Inside Bar as Additional Confirmation For traders who prefer further confirmation, the Nifty 500 presents an interesting setup. After hitting a key support level last Friday, the index printed a bearish candle (-1.27%) followed by a small, 0.67% bullish candle today — a formation known as an inside bar . 🛠️ Trading the Inside Bar: Breakout Signals An inside bar indicates price consolidation and often precedes a breakout. By waiting for this breakout, traders can add another layer of confirmation before entering. Bullish Breakout : A price rise above today’s high could signal a potential reversal and strengthen bullish momentum. Bearish Continuation : If the price falls below today’s low, we may see the downtrend continue. ⚠️ Final Thoughts 📉 Nifty 50’s demand zone and today’s bullish candle hint at an early sign of a potential reversal. However, with the daily trend still pointing downward, a more cautious approach may be wise. Waiting for additional confirmation through an inside bar breakout in Nifty 500 could provide stronger validation. If tomorrow Nifty 500 breaks above today’s high, this would confirm the inside bar breakout, offering a clearer reversal signal and a green light to plan buy entries in selected stocks based on your setups. Conversely, if Nifty 500 breaks below today’s low, it may indicate a continuation of the downtrend. Lastly, Thank you for your support, your likes & comments. "Successful trading is the art of waiting for the perfect moment." 📈 This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. Please note, I am not a SEBI-registered analyst.
NSE:CNX500
by AfnanTAjuddin
1
Nifty500 Analysis: Current state of the market & what to expect.Nifty500 is mainly used for analysing the Market breadth. We look at the various phases of the market: Bullish, Bearish & Sideways, We can understand how the Momentum charts give an early warning / indicator for a particular phase in the market. Presently, the market has given a signal that the current Bullish phase is going to get weaker, but we are not yet Bearish. The Bullishness is going to continue, but in a stock specific manner only. I'm expecting a sideways market with a slight upward slope. Thanks for tuning in.
NSE:CNX500Long
by InvestIn10
AFFLE INDIA LTD - Swing Trade Analysis - 29th June #stocksAFFLE INDIA LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024 Pattern: CUP & HANDLE BREAKOUT - Resistance Trendline Breakout with Retest & Pullback - Done ✓ (Pattern within a pattern) - Strong Volumes Buildup at Weekly Resistance Zone - Done ✓ - Multiple attempts to break the Weekly Resistance since 2022 - Done ✓ - Retest at Demand Zone marked for a small SL and a better RR - In Progress * Disclaimer
NSE:AFFLELong
by TradeRyteStockz
SJVN - Swing Trade Analysis - 12th July #stocksSJVN (1W TF) - Swing Trade Analysis given on 12th July, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Weekly Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation (for a Small SL and a better RR) - In Progress Please Note: - Since the market is at a precarious spot at its levels, we need to be careful & mindful with our entries and position sizing - Always work in probabilities and always keep your SL in play constantly * Disclaimer
NSE:SJVNLong
by TradeRyteStockz
NIFTY PHARMA Sector Analysis - 10th July, 2024NIFTY PHARMA Sector Analysis (1W TF) - 10th July, 2024 - After the breakout of the box consolidation in beginning of June, 2024 - The entire set of stocks in this sector has been showing continuous strength - Looks like there is a little more steam for the sector till it hits a pause at the resistance - Even with todays volatility the stocks showed some good pullbacks towards the end of the day Stocks in Focus: - Will be keeping a close eye on SYNGENE & GLAND (on a weekly time frame) - Going to wait it out for another day for the charts to form to give a sense of clarity Sector Stocks that have shown continuous strength from beginning of 2024: - Auropharma, Biocon, Divislab, Glenmark etc Sector Stocks that have show reversals since June, 2024: - AbbotIndia, Alkem , Cipla, DrReddy, Gland etc * Disclaimer
NSE:CNXPHARMALong
by TradeRyteStockz