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
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.
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
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.
IDFC FIRST BANK by KRS Charts5th Nov 2024 / 2:34 PM
Why IDFCFIRSTB ❓❓
1. First thing BULLS COUNTER ATTACK visible after correction.
2. Previous Gap got filled last Candle.
3. On higher TF Price is at Old Support zone.
4. Swing Entry Due to B.C. Attack setup what it means, mentioned in Chart.
Target - 86 Rs & 100 Rs.
SL 1D Closing - 63.80 Rs.
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
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.
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.
Titan - Sideways to BullishAfter 5 days of downtrend stock currently at hourly support
Even daily support is nearby
Stock may try to go sideways to bullish
Area of support from 3360 to 3320
It may try to make many hourly Doji candles (Sideways) before turning upwards again
Upper side resistance 3440 / 3520
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.
Cummins India Ltd: Eyeing a Major BreakoutCummins India Ltd (NSE: CUMMINS) is signaling strong bullish momentum on the weekly chart with a falling wedge and bullish flag combination .
Key Insights:
Patterns: Falling wedge + bullish flag – strong continuation signals.
Current Price: ₹3,671.00 (+1.98%).
Breakout Zone: ₹3,750 (watch for a sustained move).
Targets: ₹3,929 → ₹4,169 → ₹4,500 → ₹5,600+ (bullish flag projection).
Support Levels: ₹3,422 and ₹3,251.
A breakout above ₹3,750 with volume confirmation could push prices toward ₹5,600+, aligning with the bullish flag target.
Garware Technical Fibre in Extended Wave 3NSE:GARFIBRES
Garware Technical Fibre is in final wave of extended wave 3. The current stock movement indicates that it is currently in the fourth wave of the extended third wave, and it is in the process of forming a triangle pattern. Trangle always form in wave 4. I have labelled wave 4 triangle with ABCDE.
Entry point is at high of wave D :- 3375/-
Target :- 4906/-
Profit Probability :- 45%
LINDE INDIA day timeframeLINDE INDIA day timeframe NSE:LINDEINDIA
buy this stock, but there hasn't been a green candle yet. If a strong bullish green candle forms, indicating upward momentum, i will proceed with the purchase. This will give me confidence that buyers are gaining control, aligning with my entry criteria. Until then, I'll stay cautious and observe.
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame.
1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in.
2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish.
1WEEK TIME FRAME — BULLISH
1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH
We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target.
This is for educational purposes only. Please do your own research before investing.
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame.
1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in.
2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish.
1WEEK TIME FRAME — BULLISH
1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH
We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target.
This is for educational purposes only. Please do your own research before investing.
SAKAR HEALTHCARE By KRS Charts13th September 2024 / 9:49 AM
Why SAKAR❓
1. First sign that attract me was SAKAR is in Bullish Trend making HHs and HLs since listed. ⬆️
2. SAKAR is currently reacted to be bullish again from 100 EMA support in 1W TF. also in 1D TF 100 EMA is Just Underneath 👌
3. Fortunately, it reacted to be bullish within that 0.5 to 0.618 fibbo zone. ⚡
4. Bullish Continues Divergence is also supporting SAKAR to be bullish. ✅
SL is Flexible, in 1W TF until closing below 100EMA line.
Target so far I'm expecting is New All Time High point
SARLAPOLY By KRS Charts27th Nov 2024 / 3:30 PM
Why SARLAPOLY ❓
1. Stock was Stuck under 80 Rs. Resistance since many Years and this year in May it broke the resistance and sustained above 80 Rs. 📈
2. Fundamentally Good company with less than 15 P/E. 💪
3. With Accumulations on Higher TFs SARLAPOLY is making Cup & Handle Pattern. ☕
4. As we discuss it already Broke 80 Rs. Range and recently it retests too on same resistance this makes my conviction strong on this 💪
5. Today giving 15 % Upside move with Strong Volume is confirmed Entry.
✅
Target is expected 145 Rs in Medium to long Term
With SL of 78 Rs 1W Closing basis.
JSWENERGYReasons to consider going long on JSWENERGY
1. Bullish Reversal Patterns:
• The green candle on horizontal support could signify a potential reversal.
2. 200-Day Moving Average as Support:
• The 200-day moving average is a key long-term support level. A bounce from this level often attracts institutional interest and signals strength in the stock.
3. Relative Strength vs. Nifty:
• Positive relative strength suggests that JSWENERGY is outperforming the broader market, making it a strong candidate for an uptrend continuation.
4. Sector Support:
• Nifty Energy index taking support on its horizontal support increases the likelihood of a sector-wide bounce, which could positively impact JSWENERGY.
Waiting for confirmation with a CHOCH (Change of Character) on the 1-hour timeframe is a solid approach. Here’s a structured plan based on that:
1. Wait for CHOCH on 1-Hour: The CHOCH would confirm a potential shift in market structure, signaling the beginning of bullish momentum. This adds more reliability to the trade setup.
2. Entry on Retest / FVG / IFVG:
• Retest: After the CHOCH, a retest of the breakout zone could provide an optimal entry, ensuring the breakout holds.
• Fair Value Gap (FVG): If an FVG appears within this structure, entering here could capture the shift in momentum at a lower-risk point.
• Imbalance Fair Value Gap (IFVG): An entry on an IFVG could further refine your risk-to- reward ratio, especially if market liquidity fills these gaps.
HDFC LIFE 1 DayHDFC life insurance in 1 day time frame
It shows that :
the stock comes in golden zone and make bullish anglefing pattern
also it reaches the 400 EMA
it's also reached the previous resistance to retest it
there is a trend line and it touches
RSI is below 40
there is five confirmations also it is a good opportunity to trade in HDFC life insurance
Bajaj Auto Ltd.: Descending Wedge - Breakout or Breakdown?Bajaj Auto Ltd. is currently trading within a descending wedge pattern, indicating potential consolidation or a breakout scenario. Here’s the technical breakdown:
Key Observations
Descending Wedge:
The price is narrowing, with lower highs and lows, signaling reduced selling momentum.
Support Zone:
₹8,800–₹8,900 serves as a strong support level. A breakdown below this could lead to further downside.
Resistance Levels:
₹9,262.90: Immediate resistance.
₹9,642.45 and ₹9,995.55: Higher levels to watch in case of a breakout.
Trade Outlook
Bullish View:
A breakout above the wedge’s upper trendline signals upward momentum, targeting ₹9,262 and beyond.
Bearish View:
A breakdown below ₹8,800 could push the price to ₹8,600 or ₹8,400.






















