STAR HEALTH & AL INS CO (NSE) By KRS Charts Date: 28th June 2024
Time: 12:42 PM
Why STAR HEALTH?
1. First of all, Decent Fundamentals with Profit making for last two years.
2. On bigger cycle STARHEALTH has finished correction waves with ~454 Rs low
3. Today in Daily TF its Gap-up with strong volume and sustaining above 100EMA.
IF today STARHEALTH closing above 100EMA , its buy for TARGETS of 780 Rs from here for medium Term with SL of 515 Rs.
Thank You!!
Nse
SEQUENT SCIENTIFIC By KRS ChartsDate: 4th July 2024
Time: 10:42 AM
Why Sequent Scientific ?
LH- Lower High, LL - Lower Low
HH- Higher High, HL- Higher Low
1. Applied Simple Dow Theory from year 2022 , It was consistently making LHs and LLs and very first time in Feb 2024 it breaks previous high and makes new HH , which is considered as a beginning of reversal.
2. After that on 3rd June Price action made new HL for first time without breaking previous LL level and moving upwards with strong candles and volume.
3. Meanwhile, on weekly TF price took support from 100EMA too and makes strong upward moves.
Target 1 - ~203 Rs.
Target 2 - ~260 Rs.
SL- Weekly Closing below 100EMA
NMDC by KRS Charts 24th September 2024 / 10:30 AM
Why NMDC ❓
1. Today Gap-up and Strong Green candle with Good Volume and with Higher Low.
2. In 1M, it's a retest for Accumulation on resistance it broke before.
3. Conclusion in series for Easy Understanding,
⚡ First Accumulations > Breakout > Retest > HL > Today's Breakout ⚡
Targets are in the Charts many more Upside but after current Targets achieved 👍
SL is 190 Rs.
NIFTY 1D TFNSE:NIFTY index is respecting a demand zone with multiple touch points. The stock could break down or go up. But as we analyze we could see that sellers are being rejected and buyers gaining more power in the demand zone. There are more than 3 touch points through which we could confirm that the stock has more chances to move up. But strong multiple confirmations is required in order to confirm the stock direction.
We have multiple stocks with entry points and stocks that are running in profits. You could see those stocks in my profile page. For now we are waiting for proper confirmation in order to take new position.
Do check out my previous posts for more analysis tips.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Swing Trading Idea :: NRBBearingThe weekly chart shows a reversal after a long downtrend. The stock has recently made a higher high, a significant technical milestone, This indicates the potential for sustained upward momentum, especially as volume supported the breakout.
The stock could face resistance around INR 300, which is a psychological level. If momentum continues and the stock decisively breaks above INR 320, a further target could be set around historical levels.
For a stop-loss level, consider placing it slightly below the retest level.
These levels can be adjusted based on risk tolerance and evolving market conditions.
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading, or any other types of advice or recommendations.
BANKBARODA 1D TFNSE:BANKBARODA is trading between a zone where it has multiple touch points on both top and bottom. As nifty has reversed it is possible that the stock could go up but always trade with caution. Multiple confirmations such as volume etc. should be taken into consideration before entering the trade
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
STATE BANK OF INDIA by KRS Charts18th September 2024 / 11:11 AM
Why SBIN ❓
1. All Time Bullish Stock with Strong Fundamentals. 👌
2. Once a Resistance Now look like will worked as a Support . ✅
3. Further, Retested and made Bullish Hammer on support 🤩
Simple Bottom wick of Hammer will be SL on 1D TF closing basis 765 Rs.
Target is ATH for Now 900+
JIOFIN 1D TFNSE:JIOFIN has formed a support zone which has 3 touchpoints making it a stronger zone. Either the stock could reverse from this zone or break down. Look for volume and other confirmations before trading..
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Zomato 1D TFNSE:ZOMATO is trading near a support zone. Look for multiple confirmations before taking a trade. As Nifty is in retracement zone in 1M TF and has formed a head and shoulder pattern in 1D TF, it has went down for the past few days, but it will soon go up...
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
FINOLEX INDUSTRIES by KRS Charts18th October 2024 / 11:45 AM
Why FINPIPE ❓
1. All over Uptrend Stock since listed.
2. Recent bottom with Cup & Handle Pattern Breakout and Retest with Strong Green Candles with Strong Volume 👍
3. 283 Rs nearest Good Support
4. Better Entry zone marked as we can see in the Chart.
Target - 400 + Rs
SL - 260 Rs Closing Basis
FINO PAYMENTS BANK By KRSChartsDate: 5th Sept 2024
Time: 9:50 AM
WHY FINOPB?
1. As per Dow Theory, FINOPB making HHs and HLs recently which is Bullish Trade ⬆️
2. FINOPB is in Upside Channeling with Accumulations. ✅
3. Within upside channeling, Cup & Handle is also visible ☕
4. After Equal lows FINOPB has made new HH + Breakout of upside channeling or Cup & Handle Neckline ⚡
After lot of Bullish Traits in FINOPB,
Expected Targets ~521 Rs. and ~590 Rs. ❗❗❗
Tata Steel - 1D TFNSE:TATASTEEL has almost broke a trend line and started to move downwards. With Nifty in downtrend in 1D TF it is possible that this could stock could easily hit take profit.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:TATASTEEL
Tata Power Co - 1D TFNSE:TATAPOWER has been trading near a trend line for a long time as you can see the chart. As Nifty is also in a downtrend in a 1D TF, there is a possibility that this stock could go down. With a proper volume and confirmations this stock could be traded for a good R:R.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:TATAPOWER
GAIL 1D TFNSE:GAIL has been trading near the support zone for a long time and has now broken the support zone. As Nifty is in a downtrend in the 1D TF, so it is good to take short entries. But with good confirmation trade could be taken. I would wait for a retest or the new candle to brake the previous candle's low.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NUVOCO VISTA CORP by KRS Charts18th October 2024 / 11:20 AM
Why NUVOCO ❓
1. Although Stock was in Down trend, Recent Dow Theory is in Favour as we can see in Chart.
2. Breakout and Retest and most importantly sustaining the level with new HL.
3. Once fake Buy side Entry with Huge volume is spotted ❗
4. MACD positive crossover and RSI is near 60
All the Bullish Traits will confirming bullish movement is expected soon with breakout ‼️
Target 484 Rs with SL of 320 Rs.
BHARTI AIRTEL Support Breakdown: Don't Miss This !A break below support indicates sellers are willing to sell at even lower prices. It also indicates a lack of buyers.
Please share this as much as you can so that we all collectively can short airtel below 1662 closing level
Keep boosting this so that I am reminded to find more such scripts to help all of you !
Dwarikesh Sugar NSE By KRS ChartsDate:9th July 2024
Time:10:57 AM
Why Dwarikesh Sugar?
1. Corrected since 2022 and recently on 10th July reached depth of correction price as shown in chart.
2. Successfully breaks A wave price point and sustained too.
3. RR is very favorable and in Hourly TFs 100 EMA as support working fine.
Oriental Aromatics NSE By KRS ChartsDate: 8th Aug 2024
Time: 9:44 AM
Why OAL?
1. Made Double Bottom and Reversed Successfully
2. There is Positive OB in Monthly TF and Price action react and sustain above it.
3. Along with +OB, FVG gap with 50% Encroachment picture perfect clearly visible in 1D TF.
Nearest Target 555 Rs . and Long To medium Term Target is 901 Rs
With SL of 406 Rs.
BANK NIFTY INTRADAY LEVELS FOR 17/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52220,52400,52600
SELL BELOW - 51660
SL - 51820
TARGETS - 51380,51160,50920
NO TRADE ZONE - 51660 to 51990
Previous Day High - 51990
Previous Day Low - 51660
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 17/10/2024BUY ABOVE - 25020
SL - 24950
TARGETS - 25100,25160,25220
SELL BELOW - 24950
SL - 25020
TARGETS - 24890,24800,24700
NO TRADE ZONE - 24950 to 25020
Previous Day High - 25100
Previous Day Low - 24890
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Navigating Change: The Impact of SEBI's F&O PolicySEBI's new rules for F&O traders will take effect on November 20. The changes include increasing the contract size for index derivatives from Rs 5-10 lakh to Rs 15-20 lakh, which i believe is not a good idea. They are also reducing the number of weekly expiry options for index derivatives, which i see as a positive change. However, the decision to eliminate weekly expiry for Bank Nifty options is viewed negatively.
It's hard to understand what SEBI is trying to achieve. i think the chairman believes she is making smart decisions, but it feels quite the opposite. It seems like they want to take more money from retail investors while claiming to act in their best interest. Increasing taxes, raising contract sizes, and removing Bank Nifty weekly expiration's doesn’t seem helpful for the stock market or retail traders. Retail investors and traders play a crucial role in providing liquidity for institutional investors, generating tax revenue for the government, and maintaining market vitality. However, it appears that SEBI primarily favors large traders and investors, which may seem unfair to the retail segment.
Instead of educating retailers, there appears to be a focus on restricting their earning opportunities in the stock market. In the future, this may leave only major players able to trade in India's stock market. SEBI should realize that there are many stock markets in different countries, and if retail investors and traders face restrictions here, they will move on to Forex or US stocks, which often offer higher leverage and lower brokerage fees. Retail traders will trade regardless.
The solution should be to educate investors and give them the freedom to make their own choices. I hope that in the future, SEBI will have a knowledgeable chairman who understands these issues better.
BANK NIFTY INTRADAY LEVELS FOR 15TH OCT 2024BUY ABOVE - 51820
SL - 51600
TARGETS - 51990,52120,52260
SELL BELOW - 51600
SL - 51820
TARGETS - 51340,51160,50920
NO TRADE ZONE - 51600 to 51880
Previous Day High - 51880
Previous Day Low - 51160
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍