BEL As stated in the previous post, NSE:BEL is forming a parallel channel pattern which looks like will be broken on the upside. If the market moves upward breaking the pattern with good volume and a good bullish candle a big move could be expected.
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:BEL
Nse
NTPC 1D TFA trend line pattern has been formed in NSE:NTPC . It has multiple touch points which has made the trend line a strong one. Let us wait for the stock to react from the trendline
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
JIOFIN 1D TFNSE:JIOFIN has shot up from a support zone which has multiple touch points and a very strong one. The stock bounced back with a strong bullish candle. With multiple confirmations the stock could be traded.
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
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 has been moving around a support zone for a long period of time. Now after taking support from the zone the price has moved up. A strong bullish candle along with strong volume suggests that the stock will move upward. Keeping the stoploss below the zone and having a risk-reward ratio of 1:1.5 the trade could be executed with a good winning possibility
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
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
Nifty 50 Near-Term ForecastCurrent Price and Resistance:
The Nifty 50 index is currently trading around 24,492.
There's a notable resistance level around 25,065, where previous price action struggled to move higher. This level acts as a potential cap for upward movement.
Support Levels:
A significant support line is marked around 23,996, below the current trading level.
If the price breaches this level, it could suggest a further downside, with a possible drop toward lower support zones.
Projected Downtrend:
The orange line indicates a possible downward movement from the current levels if resistance at 25,065 holds.
This downtrend projection suggests that the Nifty 50 could move lower, potentially testing the support near 23,996.
If the index falls below this support, the next projected move takes it further down toward the 22,000 level, indicating a deeper correction.
Possible Reversal:
After reaching a lower level near 22,000, there’s a projected rebound shown with an upward arrow.
This suggests a potential reversal or bounce-back from these lower levels, which could present a buying opportunity.
Avanti Feeds NSE (Mid to Long Term)Date- 15 March 2024
Time - 10 Am
Points to be Noted-
1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle.
2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far.
3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation.
Approx Targets we can see in Chart as per previous resistances and +order block.
Close this trade if Price move down and close below 420 on a weekly candle.
Thank You!
INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM
Why INTL CONVEYORS ❓
1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡
2. Accumulations are visible at bottom side multiple times ❗
3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅
4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅
5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊
6. Today in 1D Price is at 100 EMA underneath 📌
Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
TVSMOTORReasons for considering a long position on TVS Motor:
1. Price at Support Zone: The daily horizontal support zone indicates a level where demand has historically been strong, which could push the price higher from here.
2. Above 200-Day Moving Average: Trading above this long-term moving average suggests a bullish trend, as it’s a widely-watched indicator of a stock’s overall direction.
3. Positive Relative Strength Against Nifty: Outperforming the Nifty shows that TVS Motor has stronger momentum, a good sign of investor confidence in this stock specifically.
4. Nifty Auto at Support Zone and 200-Day Moving Average: The sector’s overall strength at support, combined with it holding above the 200-day moving average, adds a supportive macro backdrop.
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.
TATA STEEL 1D TFNSE:TATASTEEL has been respecting a trend line for a very long time. We've discussed about this in our previous posts. The stock has formed a good bullish candle showing signs of possible bullish movement. A R:R of 1:1.5 can be traded in this trade. As the volume is good and supporting our audio. The possible of winning this trade is more.
The link to my previous post is given below where we've discussed about the consolidation. You can check the post for reference.
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
BANKOFBARODA 1D TFNSE:BANKBARODA has been forming a consolidation for a long time which it has just broke. The market has broken the consolidation and is moving up. The candle that broke the consolidation is a good candle (though it is not a very good bullish candle). The volume is good. Hence a 1:1.5 RR trade can be entered.
The link to my previous post is given below where we've discussed about the consolidation. You can check the post for reference.
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
PFC 1D TFNSE:PFC is forming a descending triangle pattern, with multiple touch points on both side. A break down can be traded but only with confirmations. Strong candle with good volume can be a good signal for getting into 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
PFC 1D TFNSE:PFC is forming a descending triangle pattern, with multiple touch points on both side. A break down can be traded but only with confirmations. Strong candle with good volume can be a good signal for getting into 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
SAHYADRI INDS by KRS Charts17th Sept 2024 / 3:11 PM
Why SAHYADRI ❓
1. First of all, it has Decent Fundamentals not in an expensive stock at CMP. 👍
2. Complete Range Bound and currently near its bottom support and strongly reacting with Bullish Engulf in 1D and Morning Star in 1W.
3. It's a Swing trade so Risk/Reward will be preferable with SL of 333 Rs in 1D Closing TF.
Target will be Resistance zone once it breaks it, I'll revealed further Targets.
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!!
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






















