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Pivot Points

Midnifty Intraday Analysis for 7th August 2024NSE:NIFTY_MID_SELECT Index closed near 12250 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 12500 Strike – 7.54 Lakh 12400 Strike – 6.05 Lakh 12800 Strike – 5.32 Lakh Put Writing 12000 Strike – 6.57 Lakh 12300 Strike – 5.71 Lakh 12200 Strike – 4.74 Lakh Index has immediate support near 12100 – 12000 range and if this support is broken then index may tank near 11800 – 11700 range. Index has immediate resistance near 12425 range and if index crosses and sustain above 12475 level then may reach near 12600 level.
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by RKMAURYA
DOW JONES: Fall sharply fom 41181ANALYSIS ON YEARLY PIVOTS OF 2024 : On 17 July DOW tested 41181 YH4 for the first time in the year after breaking 39835 YR1 upside. After taking support from 39835 on it's pullbck it again test 41181 upside on July 31. Post that, a sharp selling was seen from 41181 failing to hold the key support range 39436 YH3 and 39835 YR1. After breaking down 39436 with a gap down ,yesterday it came to retest 39436 and selling was seen from 39436 in the last trading hour. Now expecting downside 38058 YFR1 Key Pivots Moving averages: Gone below 3 Months SMA 90 Days 39163 Holding above 6 Months SMA 180 Days 38477 Far above Yearly SMA 365 Days 36113 which is in confluence with Yearly pivot support of YPP 35632 and YL3 35943
TVC:DJI
by Apu_3007
Bharti Airtel: Post Q1 FY 25Standalone: 1. TOTAL INCOME 25,112 crores up by 1.81% QOQ , up by 10.4% YOY 2. EBITDA 3,002 crores up by 29.67% QOQ , up by 55% YOY 3. PROFIT 2,469 crores up by 35% QOQ , 69% YOY 4. EPS 4.15 up by 34% QOQ , up by 64% YOY Consolidted: 1. TOTAL INCOME 38,869 crores up by 2.51% QOQ , up by 2.86% YOY 2. EBITDA 6,025 crores (mainly helped by exceptional items) up by 116% QOQ and up by 225 % YOY 3. PROFIT 4,160 crores up by 100.87% QOQ , 158% YOY 4. EPS 6.98 up by 98.86% QOQ , up by 150.18% YOY The average revenue per user (ARPU) per month, increased 5.5 percent year-on-year to Rs 211, from Rs 200 a year ago. Airtel's subscriber base reached 409 million in the quarter. The 4G/5G data customer base increased by 29.7 million year-on-year and 6.7 million QoQ, 73% of the overall mobile customer base. The postpaid net adds stood at 0.8 million. Mobile data consumption is up by 26.0% year-on-year, with consumption per customer at 23.7 GB per month. Tehnical Analysis:: It need hold above 1465 for upside move to 1652,breaking 1541 upside.Failing to hold above 1465 and breaking down 1450 can see intermediate suppports of 1345-1415
NSE:BHARTIARTL
by Apu_3007
ONGC: Post Q1 FY 25STANDALONE: 1. Revenue 37,237 crores down by -2.58% QOQ up by 5.37% YOY 2. EBITDA 11,956 crores down by -7% QOQ , down by -14.8% YOY 3. PROFIT 8,938 crores down by -9.43% QOQ ,down by -15% YOY 4. EPS 7.1 down by -9.5% QOQ, down by -15% YOY CONSOLIDATED: 1. Revenue 1,69,562 crores down by -0.18% QOQ up by 1.92% YOY 2. EBITDA 13,981 crores down by -8.1% QOQ , down by -42% YOY 3. PROFIT 9,936 crores down by -1.7% QOQ ,down by -32% YOY 4. EPS 7.9 down by -1.6% QOQ, down by -32.15% YOY has declared total 5 discoveries in FY25 so far it has has declared 3 more discoveries (1 in onland and 2 in offshore) in its operated acreages. The crude oil realisation for the first quarter stood at $83.05 per barrel, compared with $76.36 in the last year quarter. During the reporting period, the total crude oil production fell marginally to 5.23 mmt, while the same from joint ventures stood at 0.35 mmt. The total gas production during the quarter fell 4% to 4.86 BCM in the first quarter under review. Technical Analysis :: For bullishness it should hold the level above 310. If fail to hold above 310 and broke down 303 and trade below it , then it may go again sideways in the range 257 to 300
NSE:ONGC
by Apu_3007
PNB:: Up by 6% After Posting Highest Ever Quarterly Profitkey Metrics of FY 25 Q1 resuts:: 1. a rise of 159 per cent in standalone net profit at ₹3,251.5 crore – its highest-ever quarterly profit, compared to ₹1,255.4 crore in the corresponding period last year. 2. The substantial increase in net profit is attributed to robust performance across various financial metrics, driven mainly by a decline in bad loans and an improvement in interest income. 3. total income in the June quarter rose to ₹32,166 crore from ₹28,579 crore in the same period a year ago. 4. interest income increased to ₹28,556 crore from ₹25,145 crore in the same quarter a year ago 5. return on assets (RoA) improved markedly to 0.82 per cent in the June quarter from 0.34 per cent 6. while the return on equity (RoE) rose to 16.82 per cent from 7.50 per cent in the year-ago period 7. revised its FY25 guidance for the GNPA ratio to approximately 4% from 5% and credit cost to below 0.5 per cent from below one percent earlier. 8. Provisions for bad loans fell drastically to ₹792 crore in the June quarter, compared to ₹4,374 crore in the year-ago period 9. capital adequacy ratio improved to 15.79 per cent at the end of June 2024, compared to 15.54 per cent in the year-ago period. 10. provision coverage ratio, including technical write-offs (TWO), increased by 607 basis points (bps) to 95.90%, and the ratio excluding TWO improved by 1259 bps to 88.43% 11. slippage ratio improved by 43 bps to 0.76 per cent, and the credit cost decreased by 167 bps to 0.32 per cent from 1.99 per cent. 12. reported a 10.27 per cent year-on-year (YoY) increase in operating profit, which stood at ₹6,581 crore for Q1FY25, compared to ₹5,968 crore in Q1FY24. 13. global business grew by 10.03% YoY to ₹24,36,929 crore from ₹22,14,741 crore. 14. credit-deposit (CD) ratio improved to 73.05 per cent in the June quarter, up from 71.79 per cent in March 2024 and 70.64 per cent a year ago. 15. savings deposits increased to ₹4,84,377 crore, reflecting a 4.4 per cent YoY growth. 16. CASA deposits grew by 3.4 per cent to ₹5,49,079 crore, maintaining a CASA share of 40.08 per cent 17. Retail term deposits (less than ₹3 crore) grew by 9.2 per cent YoY to ₹5,85,598 crore. 18. Advances also showed robust growth. The total retail credit increased by 14.4 percent YoY to ₹2,34,564 crore. 19. The core retail advances grew by 15.5 per cent, with housing loans up by 14.7 per cent to ₹1,01,796 crore and vehicle loans rising by 26.9 per cent to ₹21,726 crore.20. Agriculture advances grew by 15.8 per cent to ₹1,68,503 crore 21. MSME advances increased by 7.9 per cent to ₹1,42,886 crore Technical Analysis:: It is strongly bullish above 115, If also taken out 132 after positive Q1 results bullish momentum likely to continue to 167,202,210
NSE:PNB
by Apu_3007
Silver sold at 94000 , 89300 Target hit ,4700 points profit Avoid carry farward trade for weekend Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3-  (T3 : 127.2 %) Target 4-  (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:SILVER1!Short
by JaiPrakashShuklaHarmonicTrader
Sell gifty nifty on rise near 24750 if comes up good fall soonDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3-  (T3 : 127.2 %) Target 4-  (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSEIX:NIFTY1!Short
by JaiPrakashShuklaHarmonicTrader
HDFC BANK: Need to hold the range 1600-1675After sharp selling from YH3 1790 , drawdown of -182 i.e -10.25%, NSE:HDFCBANK need to hold the range 1608-1675 and trade above 1675 for buullish momentum to continue. Failing to hold 1600-1608 can see intermediate support of 1545/1525 downside. If took support from 1545-25 and trade above 1675 ,will be a better confirmation to continue bullish momentum.. With Union Budget to be presented on July 23 2004 ,it may consolidate in between 1608 and 1675. Also need a positive Q1 result , that is likely to be announce on July 20-22.
NSE:HDFCBANKLong
by Apu_3007