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Metal Index: Ascending Triangle Broken, Testing Support LevelsDescription : The CNS Metal Index recently broke below the 5th pivot of an ascending triangle pattern. This signals a potential bearish shift in momentum. The next key level to watch is the support zone around 8100. If this level is tested and broken, it could indicate further downside potential. Traders should watch for confirmation signals, such as increasing volume on the breakdown or a sustained close below 8100, before making decisions. Conversely, if the index rebounds above the broken triangle line, it might invalidate the bearish scenario and suggest a consolidation phase. Disclaimer : This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a professional financial advisor before making any trading or investment decisions. Trading involves significant risk and may result in substantial losses.
NSE:CNXMETALShort
by JoanJagan
Technical Analysis of Gopal Snacks Ltd....TRADE FOR LATERINVEST BEFORE READ CAREFULLY / TAKE TRADE ON YOUR OWN RISK RISK~REWARD PROFILE = 5.91:1 NSE:GOPAL SANEKS Technical chart Observations:- ~Price Correction:- The stock corrected around 29%, possibly due to the negative news (fire in a warehouse). The price appears to be approaching a strong psychological support level at ₹335. ~Pattern Formation:- A potential Head and Shoulders pattern is visible, signaling a bearish reversal that already played out. The price dropped significantly post-pattern completion. ~Support Level:- Key support is around ₹322.80, which is highlighted as the entry point for a possible bounce. Stop-loss (SL) is marked at ₹304.50 to limit downside risk. ~Target Levels (TP):- ~TP1: ₹362.30 ~TP2: ₹386.35 ~TP3: ₹430.95 ~Volume:- The trading volume on the recent downtrend is moderate, indicating cautious selling. ~Trend:- Currently in a downtrend but nearing a critical psychological support zone. Trading Strategy: Wait for Confirmation: Enter the trade only if the price shows a clear bounce or reversal signs at the ₹322.80 level. ~Risk-Reward:- Stop-loss: ₹304.50 (downside ~₹18.30 per share). Target 1 (TP1): ₹362.30 (upside ~₹39.50). Risk-reward ratio is favorable if TP1 is achieved. ~Notes:- This is a counter-trend trade (going against the dominant downtrend), so caution is advised. Monitor closely for any trend continuation or reversal indicators (e.g., candlestick patterns or volume spikes). The highlighted targets (TP1-TP3) should be treated as milestones—book partial profits at each. Final Note: This chart suggests a well-structured trade setup, but execution depends on confirmation of price action near the support zone. Traders should monitor market sentiment, news updates, and technical signals before entering the trade. Disclaimer: I am not a SEBI-registered advisor. These levels are for educational purposes only. Please trade at your own risk. Consult a professional financial advisor for tailored advice. Like and share if you found this helpful! LIKE,SHARE,SUBSCRIBE @Alpha_strike_trader
NSE:GOPALLong
by Alpha_strike_trader
SIEMENS BEARISH TREND ANALYSIS (SHORT)NSE:SIEMENS SIEMENS BEARISH TREND ANALYSIS Key Levels: Entry Point: ₹6,559.45 Stop Loss (SL): ₹6,732.85 Target Points: TP1: ₹6,339.95 TP2: ₹6,143.60 TP3: ₹5,747.50 Analysis:~ Trend Overview: Siemens is showing a bearish trend, confirmed by the price breaking an 8-month support level. The chart highlights potential downside targets with a disciplined stop-loss placement. Support and Resistance: The price has failed to sustain above the long-term support level, which has now turned into resistance. The trend suggests potential further decline toward the specified targets. Risk Management:~ Stop Loss at ₹6,732.85 ensures risk is minimized if the trade goes against the trend. Target levels are spaced for progressive profit booking. Chart Insights:~ Bearish Confirmation: Siemens has turned bearish, breaking below its 8-month support zone, signaling potential further downside movement. Resistance:~ The previous support level now acts as resistance. A stop loss is placed slightly above this level to mitigate risk in case of trend reversal. Profit Targets:~ TP1 and TP2 offer conservative profit levels, while TP3 provides a more aggressive downside target. Trend Direction: The 50-day and 200-day moving averages are sloping downwards, indicating sustained bearish momentum. Disclaimer: I am not a SEBI-registered advisor. This analysis is for educational purposes only. Trade at your own risk. Please consult a professional financial advisor before making trading or investment decisions. Thank you! Like and share if you found this helpful. Like,share,subscribe @Alpha_strike_trader
NSE:SIEMENSShort
by Alpha_strike_trader
5
Nifty 50 Analysis: Key Levels and Trends for January 2025The Nifty 50 Index has experienced notable downward momentum recently, currently trading at 23,581, marking a 1.77% decline. Here’s a breakdown of the technical outlook: Channel Trends Descending Channel: The index is trading within a downward sloping channel (blue). It has respected both the upper and lower trendlines, suggesting the bearish trend remains intact for now. Broader Structure: The yellow trendlines highlight the long-term rising channel. Nifty remains well above the lower support of this broader channel, indicating a potential cushion if the selloff deepens. Key Fibonacci Levels The Fibonacci retracement and extensions indicate critical zones: 1.618 Level: 23,112, acting as immediate support. 3.618 Extension: 22,444, a deeper bearish target in case of further selloff. Support and Resistance Immediate Resistance: 24,791 (upper channel boundary). Critical Supports: 23,112 (1.618 extension). 22,444 (long-term support). Volume Analysis Significant volume spikes are observed during major selloffs, suggesting heightened institutional activity. A continuation of higher volume at lower prices may signal capitulation or accumulation. Outlook Bearish Continuation: As long as Nifty trades within the descending channel, expect further downside with supports at 23,112 and 22,444. Bullish Recovery: A breakout above 24,791 may signal a reversal, leading to potential upside targets near 26,000.
NSE:NIFTYShort
by ayusharya_001
Mazagaon Dock Shipbuilders -Bearish Trend Analysis (post split)Mazagaon Dock Shipbuilders – Bearish Trend Analysis Key Observations: Stock Split Impact: Post-stock split, prices typically adjust to half their swing high, and profit booking has led to a 10-16% correction from recent highs. Current Trend: A clear downtrend is visible, with lower highs and lower lows forming. Trade Setup: Entry Zone: ₹2,236.75 Stop Loss: ₹2,344.95 Targets: TP1: ₹2,064.15 TP2: ₹1,990.50 TP3: ₹1,934.15 ( Reward / Risk = ₹302.60 / ₹108.20 = 2.80:1 ) This means you are risking ₹1 to potentially gain ₹2.80, which is a favorable ratio for this trade. Disclaimer: This analysis is for educational purposes only. I am not SEBI-registered. Trade responsibly, and always conduct your research.thanks like,share & subscribe my youtue channel @Alpha_strike_trader
NSE:MAZDOCKShort
by Alpha_strike_trader
2
Chart Analysis for Bajaj Finserv Ltd. (Weekly Timeframe)The stock is forming a bullish triangle pattern, a classic continuation pattern signaling potential upside. The price is respecting the ascending trendline, showing strong support near ₹1,700 levels, while the upper resistance line has been tested multiple times. This signifies increasing buyer strength. Key Levels to Watch: • Support: ₹1,698 • Resistance (Breakout Level): ₹2,050 • Target Price (Post Breakout): ₹2,336 (derived from the triangle’s height projection). • Stop Loss: ₹1,515 (below the trendline support). Short-Term Long Trade Setup • Entry: Around ₹1,700, once the price shows bullish confirmation (e.g., reversal candlestick patterns or high volume). • Target: ₹2,050 (short-term) and ₹2,336 (medium-term). • Stop Loss: ₹1,515 to manage risk effectively. Market Sentiment: The stock shows a bullish structure, supported by prior consolidation and breakout potential. Patience is key for confirming a breakout above ₹2,050 before expecting the measured move towards ₹2,336. DISCLAIMER- Please do your own research before investing in the market. This is for educational purposes only
NSE:BAJAJFINSVLong
by Trade_lyst
4
Lupin Breakout: A New Highs Journey Begins!Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have a Lupin stock which has caught the market's attention with a powerful breakout from its resistance zone. Backed by increasing volume and bullish momentum, this pharmaceutical giant is showing signs of a potential rally. Let's dive into the chart to explore the opportunities. 1. Chart Overview The chart appears to be for LUPIN LTD on a daily timeframe (1D). The key focus is on price action with clearly defined support and resistance zones. Indicators used include the RSI (Relative Strength Index) at the bottom of the chart. The price is currently trading at ₹2,311.35, up by +3.75% for the day. 2. Key Levels Highlighted Support Zone (Grey Band) The support zone is marked around the ₹2,000–₹2,100 level, acting as a base where buyers consistently step in. The price bounced off this zone multiple times, confirming its strength. Resistance Zone (Grey Band) The resistance zone is marked around ₹2,300–₹2,350, where sellers have historically prevented price from moving higher. The recent breakout indicates strong bullish momentum. Stop Loss (₹2,222) A stop loss is suggested at ₹2,222, slightly below the resistance zone. This is to manage risk in case the breakout fails and the price reverses. Targets 1st Target: ₹2,490 : This is a realistic level based on previous price action and the measured move. 2nd Target: ₹2,678: This is a more optimistic target if the price continues its uptrend. 3. Price Action Breakout: The price has broken above the resistance zone with strong bullish momentum, as seen by the large green candle and increased volume. This breakout suggests a potential continuation of the uptrend. 4. Volume Analysis Volume Surge: There is a noticeable increase in volume during the breakout, indicating strong buying interest. Volume confirmation is a good sign that the breakout is genuine. 5. RSI Analysis Current RSI: 71.94 The RSI is above 70, indicating an overbought condition. While this signals strong momentum, it may also suggest caution as a short-term pullback is possible. Previous Bearish Divergences: Marked in red, showing past instances where the RSI was high but price reversed. Bullish Confirmation: Marked in green, showing that RSI and price are aligned with the current uptrend. 6. What Does This Mean? The breakout above resistance indicates a potential shift in market sentiment, favoring buyers. The targets suggest significant upside potential, but the RSI warns of possible short-term profit booking. 7. Possible Outcomes Bullish Scenario: If the price holds above the resistance zone and sustains higher levels, it could move towards the 1st and 2nd targets. Bearish Scenario: If the price closes below ₹2,222 (stop loss), it may revisit the support zone around ₹2,000–₹2,100. 8. Suggested Actions Entry: On sustained breakout above ₹2,311 (current level). Stop Loss: Strictly at ₹2,222 to minimize losses. Profit Booking: Gradual booking at ₹2,490 and ₹2,678. Lupin has broken out of its resistance zone with strong momentum, signaling a potential uptrend. With solid fundamentals and technical confirmation, the stock looks poised for higher levels. Keep an eye on the targets and manage your risk with the defined stop-loss. Happy Trading! Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:LUPINLong
by TraderRahulPal
7
Aurobindo Pharma: Breakout with a Long Opportunity?Aurobindo Pharma is showing signs of a trend reversal on the daily chart. The stock has broken above a descending trendline, supported by strong volumes, signaling a potential bullish move. Key Levels to Watch: Support: ₹1,253 Resistance: ₹1,346 and ₹1,407 Long Opportunity: If the stock sustains above ₹1,300, it offers a good long opportunity with a target of ₹1,407 in the short term. A close above ₹1,407 could open doors to further upside. Traders can consider ₹1,253 as a stop-loss for a risk-managed entry. A decisive move above ₹1,346 will confirm bullish momentum, making this a promising setup for long-term gains.
NSE:AUROPHARMALong
by ayusharya_001
3 Amazing swing trading idea for 26 December MarketsI daily make educational content videos for swing / positional trading Gulf oil trade idea: This idea is about a breakout trade that went sideways at the breakout point and is currently in a no-trading zone, pink zones tell you about what to do next Axiscades trade idea: This idea is about the weekly time frame breakout, its at a strong resistance area of a hidden parallel channel, needs a strong closing for the same Indigo trade idea: This idea is also a breakout idea on Daily time frame but needs to follow a set of market structure from here on and price action to give a nice trade activation
NSE:INDIGOLong
by Averoy_Apoorv_Analysis
2
Aurobindo Pharma - Long Trade SetupHello, Auropharma near the resistance level of 1275 . You can enter long when price is crossed above 1275. *Confirmation of Trend Strength: A breakout above resistance indicates strong upward momentum and confirms the existing uptrend. This increases the likelihood of further price appreciation. * Reduced Risk: Trading with the trend minimizes the risk of opposing a large number of market participants who are also betting on the continuation of the uptrend. * Momentum: Breakouts often trigger a surge in buying pressure as traders rush to capitalize on the upward move, further propelling prices higher. * Clear Entry Signal: The breakout provides a well-defined entry point, allowing traders to enter the market with precision and confidence.
NSE:AUROPHARMALong
by piyushbafna000
Aurobindo Pharma - Long Trade SetupHello, Auropharma near the resistance level of 1275 . You can enter long when price is crossed above 1275. *Confirmation of Trend Strength: A breakout above resistance indicates strong upward momentum and confirms the existing uptrend. This increases the likelihood of further price appreciation. * Reduced Risk: Trading with the trend minimizes the risk of opposing a large number of market participants who are also betting on the continuation of the uptrend. * Momentum: Breakouts often trigger a surge in buying pressure as traders rush to capitalize on the upward move, further propelling prices higher. * Clear Entry Signal: The breakout provides a well-defined entry point, allowing traders to enter the market with precision and confidence.
NSE:AUROPHARMALong
by piyushbafna000
ADANI WILAMR by KRS Charts5th Nov 2024 / 9:22 AM Why AWL ❓❓ 1. Decent Fundamental and Corrected Stock Technically. 2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅ 3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price. 4. Upside Movement can be Sluggish it's a swing Entry so. 📈 With a Good R/R more than 1:3 Target will be 509 Rs. with SL of 285 Rs Daily Closing Basis.
NSE:AWLLong
by KRSCharts
Technical Insights: CROMPTONCurrent Price Action Crompton Greaves (CROMPTC) is trading at ₹393.55, experiencing a slight correction of -2.72% for the day. The stock has been oscillating within well-defined trendlines, showcasing pivotal support and resistance levels. Key Technical Levels Resistance Zones: ₹440.35: A significant resistance level from recent highs. ₹479.15: A long-term resistance that aligns with historical peaks. Support Zones: ₹384.25: Immediate support, currently being tested. ₹362.35 & ₹348.80: Critical levels to watch if the stock breaks below the ascending trendline. Trendlines: Long-Term Support: The yellow upward-sloping trendline has held since early 2023, reflecting steady bullish accumulation. Descending Resistance: The downward sloping line from 2021 highs signifies major resistance. The stock's ability to break and sustain above this line will confirm a trend reversal. Market Structure The broader structure indicates that the stock is at a decisive juncture: Bullish View: Sustained price action above ₹400 could lead to a breakout rally toward ₹440 and higher. Bearish View: A breakdown below ₹384 could accelerate the fall to ₹362 or ₹348 levels. Trading Outlook Buyers: Look for a breakout above ₹400 with strong volume as confirmation of bullish momentum. Sellers: Consider short opportunities if the price slips below ₹384 with significant volume.
NSE:CROMPTON
by ayusharya_001
Lupin Stock Analysis: Strong Fundamentals & Bullish setup.FUNDAMENTALS & TECHNICAL ANALYSIS ⬇️⬇️ Fundamental Analysis: 1. Earnings per Share (EPS): • Q3 2024 EPS estimate is 17.29 INR, and the reported values for the prior quarters (Q4 ’23, Q1 ’24, Q2 ’24) have consistently beaten estimates with surprises ranging from 11.08% to 41.55%. • This indicates strong financial performance and the company’s ability to exceed market expectations. 2. Revenue: • Reported revenue for Q1 ’24 and Q2 ’24 surpassed estimates with 5.37% and 2.38% surprises, respectively. • The company is expected to generate 56.45B INR in revenue for Q3 ’24. This suggests consistent growth, which is a positive indicator for long-term investors. 3. Conclusion from Fundamentals: • Strong EPS growth and consistent revenue beats show that the company is performing well financially. • With upcoming reports due in February 2025, further positive earnings surprises could lead to upward momentum. Technical Analysis 1. Current Price Action: • The stock is trading near 2,140 INR, approaching key fair value gaps (FVG) at 2,150 INR (1D FVG) and 2,273.45 INR (higher target zone). 2. Support & Resistance: • Major support zone is near 1,985.90 INR (Daily Low). • Resistance zones lie at 2,218.30 INR, 2,273.45 INR, and the Daily High of 2,313.20 INR. 3. Market Structure: • There is a change of character (Choch) on the chart, suggesting potential bullishness if it sustains above 2,150 INR. • The stock may consolidate slightly before moving towards the higher resistance zones. 4. Short-term Prediction: • Likely to test 2,273.45 INR in the near term if the bullish structure holds. • A break below 1,985.90 INR would invalidate the bullish setup. Conclusion: • Investment Decision: • Buy: Based on strong fundamentals (earnings and revenue growth) and a bullish technical structure, the stock looks promising for swing trading or medium-term investing. • Entry Point: Around 2,140-2,150 INR, aligning with the technical FVG and support zones. • Target: 2,273.45 INR (short-term) and 2,313.20 INR (medium-term). • Stop Loss: Below 1,985.90 INR to manage risk in case the bullish structure fails. DISCLAIMER ▶️ THIS IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING
NSE:LUPINLong
by Trade_lyst
Nifty Index Futures: Key Technical Insights for December 2024The Nifty Index Futures chart highlights significant market developments, signaling potential shifts in momentum. Here’s a concise analysis: Key Highlights Trendline Breakdown: The long-standing upward channel has been breached, indicating bearish pressure. Bearish Patterns: A confirmed head-and-shoulders pattern with a neckline breakdown suggests further downside. Emerging lower highs and lower lows confirm a bearish trend structure. Critical Levels: Resistance: 24,400 and 25,000. Support: 23,625, 23,222, and 21,827. Scenarios: Bullish: A recovery above 24,400 could target 25,000. Bearish: Sustained trading below 23,625 may lead to 23,222 or lower. Trade Plan: Short Trade: Consider shorting below 23,625 with a stop-loss at 24,000 and targets at 23,222 and 21,827.
NSE:NIFTY1!Short
by ayusharya_001
IRCTC by KRS Charts11 Nov 2024 / 11:11 AM Why IRCTC ❓❓ 1. Fundamentally Good Company. 💪 2. Technically, it was already Entered in Golden Reversal Zone. 🔅 3. Along With that inside that zone now Bulls Counter- Attack is visible ✅ which is formed at the bottom of the Trend for Reversal. 4. At recent Bottom Positive Order Block has formed and showing Bullish Traits from that level. 5. With Bull C. A. green candle RSI is showing Bullish Reversal Divergence. Targets & SL is in Chart
NSE:IRCTCLong
by KRSCharts
Dabur India Stock at a Critical JunctureDabur India Ltd., a leading FMCG player, is showing an interesting technical setup on its weekly chart. Key Highlights: Strong Support: The stock has consistently respected a long-term ascending trendline since 2012. Triangle Pattern: A descending triangle is forming, signaling potential breakout or breakdown. Current Level: Trading at INR 507.50, near critical support at the trendline. Outlook: Bullish Case: A breakout above the triangle could target INR 680. Bearish Case: A breakdown below INR 480 may signal further downside.
NSE:DABURLong
by ayusharya_001
1
Centum Electronics Breakout. A 20% Up move possibility Pattern Analysis 1. Broadening Channel: • This pattern is characterized by higher highs and lower lows, forming a widening range. • It suggests increased volatility and indecision in the market. 2. Key Observations: • The stock price is nearing the upper resistance line of the broadening channel (~₹2300–₹2400 levels). • Historical data shows a strong rejection from this resistance zone. • Support lies near ₹1800 (the lower boundary of the channel). 3. Volume: • A breakout above the resistance line with significant volume could confirm an upward trend continuation. • A lack of volume near the resistance could result in a pullback or consolidation. 4. Risk-Reward: • If the stock breaks out, the potential upside could be near ₹3000 (as indicated in the projection). • However, failure to break the resistance might result in a decline to the lower support (~₹1800 or lower). Disclaimer- This is for educational purposes only. Please do your own research before investing.
NSE:CENTUMLong
by Trade_lyst
Jyoti CNC Automation: Strong Growth, Expensive Valuation AheadJyoti CNC Automation has seen significant growth, reflected in its market cap of ₹32,690 Cr. and a current price of ₹1,436, near its 52-week high of ₹1,463. The stock’s remarkable rise from a low of ₹368 highlights strong investor interest. Key profitability metrics such as ROCE at 21.2% and ROE at 20.8% indicate efficient capital utilization and strong returns for shareholders. However, the stock’s P/E ratio of 119 is notably high, suggesting an expensive valuation relative to earnings. Additionally, with a book value of ₹65.7, the stock trades at a significant premium, raising concerns about overvaluation. The absence of a dividend yield (0.00%) indicates the company is reinvesting profits for growth, making it appealing for growth-focused investors. Overall, while Jyoti CNC Automation demonstrates strong fundamentals and growth potential, the premium valuation demands caution, especially for risk-averse investors. Now talking about the Technical analysis of chart, we can observe that - Stock is trading above its 20 EMA and 50 EMA - Stock price has taken the liquidity above the previous weekly high price - We have 2 FVG that could act as a potential buy are for smart money - For buy our setup would be sweet as cake, we wait for any Fvg to be filled and a good bullish candle indicating strong participation. - We mostly trade on Engulfing candles, Morning stars & Pinbars Note this is for educational purpose only. Please do your own research before investing.
NSE:JYOTICNCLong
by Trade_lyst