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NIITLTD Trade set up, probable reversalNIITLTD's stock is currently experiencing a weakening uptrend. The most recent closing price was 186.01, with a daily high of 203.62 and a low of 184.14. The stock is trading below an important level of 213.91, which could indicate a potential short-term decline if the price remains below this threshold. Technical Indicators Moving Averages: The stock appears to be trading below key moving averages, suggesting bearish sentiment in the short term26. RSI and MACD: While specific values aren't provided, these indicators are likely showing bearish signals given the overall trend analysis. Support and Resistance Levels Key price targets for NIITLTD are: Downside target: 210.57 Upside target: 217.31 Volume and Volatility The average trading volume for NIITLTD is 1.24 million shares. This volume can provide insights into the strength of price movements and potential trend reversals. Long-Term Perspective NIITLTD is currently trading 16.80% below its 52-week high of 203.90, which was set on September 5, 2024. This suggests there may be room for upward movement if market conditions improve. Market Sentiment The overall short-term sentiment for NIITLTD appears negative, indicating a strong downtrend6. However, it's important to note that market conditions can change rapidly, and investors should always conduct thorough research before making investment decisions. Related What are the key support and resistance levels for NIITLTD How reliable are AI predictions for NIITLTD's stock movement What is the significance of the 213.91 level for NIITLTD How does the cup and handle formation affect NIITLTD's future price What are the potential targets for NIITLTD's stock price in the next week
NSE:NIITLTDLong
by KarniKripaa
AVANTIFEED 1:8 RR (3 trade set up)Based on the technical analysis of Avanti Feeds Ltd (AVANTIFEED), the price action shows a positive trend in the short to mid-term: The stock has broken out of a long-term triangle formation with an Inverted Head & Shoulder pattern, accompanied by strong volume1. The price is exhibiting a positive breakout from the Keltner Bands, indicating strong bullish momentum2. The ADX (Average Directional Index) suggests a strong uptrend2. The Stochastic RSI shows bullish signals, with the indicator rising from oversold levels2. The stock is trading above its key moving averages, further confirming the bullish trend4. Short to mid-term price action analysis is described as "definitely positive," indicating a strong uptrend78. However, it's important to note that some conflicting signals exist: The MACD shows a bearish crossover, which could indicate potential short-term weakness2. The Stochastic RSI also shows some bearish divergence in the longer term4. Overall, the price action analysis for AVANTIFEED appears bullish, with strong momentum and positive breakouts observed across multiple technical indicators.
NSE:AVANTIFEEDLong
by KarniKripaa
TRIDENT 1:10+ RR trade set upSupport and Resistance Support Levels: S1 at 33.61, S2 at 33.36, S3 at 33.114. Resistance Levels: R1 at 35.21, R2 at 34.81, R3 at 34.564. Volume Analysis Trading volume is 14,205,622 shares, which is higher than the 20-day average volume of 11,666,702 shares, indicating increased interest35. Price Range 52-week range: Rs 31.07 (Nov 22, 2024) to Rs 52.90 (Jan 09, 2024)1. Current price is about 10.3% above the 52-week low and 35.2% below the 52-week high. The stock is showing mixed signals with bearish short-term trends but potential for upward movement. Traders should watch for price action around key support and resistance levels for potential entry or exit points. The increased volume suggests heightened investor interest, which could lead to increased volatility in the near term.
NSE:TRIDENTLong
by KarniKripaa
7"NYKKA" FSN ECOMMERSE VENTURES LTD 28 WEEKS BREAKOUT WITH 1. NYKKA given a breakout in 135 days (28 Weeks) high and packed with the volume of 53.22M, And NYKAA' s last 30days average volume is 7.33M. 2. It was Created a range contraction between 139.8 to 195.50 (55.70 points, 39.84%), After this breakout this range might expand up to 111.4 points. In price levels the expansion will be leads to 306.9 levels. 3. Based on the Historical price action from 11th April 2022 to as of now there is no potential supply zones in Higher Timeframe like Weekly & Monthly between 294.15 4. Based on these analysis we can expect a Midterm price momentum in NYKKA up to 294.15 (94.12 Points, 47.05%) from CMP 200.03 5. In case if price comes down side for a retracement 172 to 178 area will act as a reversal zone because of Demand zone, Parallel EMA's and 0.618 Golden Ratio in of 139.8 to 195.5 CONCLUTION Buy Trade Aggressive Entry CMP Conservative Reversal Entry 178, If Price Come Stoploss 170 Possible Target in Mid-term 294 (Weekly Supply Zone)
NSE:NYKAALong
by ANISHFNK21
BUTTERFLY - PRICE REVERSAL POST CORRECTION OF 64%Hi All, This idea is about Butterfly Gandhimathi Appliances Ltd CAUTION: Please keep in mind that FY24 was not at all good for this company and this idea is purely based on technical analysis Weak Fundamentals Market Cap - 1500 Cr Stock PE - 184 ROE - 2.8% ROCE - 5% Promoter Holding - 75% D/E - 0.01 Technicals Post correction of 64%, price has reached a point where horizontal & rising support meet and price action is showing signs of reversal This is a weekly chart & therefore time is required in order to reach different targets marked on the chart namely T1, T2, T3 Happy Trading, Stock-n-Shine
NSE:BUTTERFLYLong
by Stock-n-Shine
7
NIFTY50 - SELL AND RUN AWAY ?Symbol - NIFTY50 CMP - 22960 NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000. According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel. I'm expecting Nifty to show a reversal from these levels & It may witness a strong profit booking. General Elections result is due on 4th June & because of this, INDIAVIX has shot up from 11-12 levels to 22 level. This is also hinting a reversal. If any negative news flow comes in coming week or on elections result day, We may see huge fall in Nifty50. Hence I am creating huge short positions in Nifty50 June Futures at CMP 22960. I will add more position between 23150 - 23250, if comes. My SL would be 23400 & Targets I'm looking for are lower end of this channel which is around 22050 - 22120 & If it breaks this channel pattern on downside, We will see huge fall till 21000 easily (which is my second target) & beyond. Risk is small here & Reward is huge. That's why taking more position than usual. Not taking any position in options as May series options are expiring in 4 days & premiums of June series options are very very inflated. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:NIFTYShort
by akshit_official
8
FDC - Consolidation - Volume SpikeNSE: FDC is closing with an strong consolidation candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:FDCLong
by BrahmaBull31