#Reliance cash : Looks good above 1220.10#Reliance cash -Positional call
06 March 2025
Looks good above 1220.10
Stoploss 1195
Tgt 1240/1260/1290
Cmp 1209.60
Search in ideas for "SUPPORTANDRESISTANCE"
UPL Ltd - Renko Analysis & Trade Setup
🔍 Stock: UPL Ltd (NSE)
📊 Chart Type: Renko (1% )
📆 Timeframe: Daily
Technical Analysis:
1. Resistance Zone (650-650.50)
- The price is testing a strong resistance zone around ₹650.
- This level has been previously respected, leading to pullbacks.
2. Bearish Reversal Signal
- The latest red Renko brick suggests potential downside momentum.
- A short-term correction could be in play.
3. Support Levels:
- The next major support is around ₹588-590.
- If the price fails to hold above ₹635, we might see further downside towards this level.
4. Indicators:
- The trendline still shows bullish momentum, but signs of weakness are appearing.
- RSI is currently above 60, indicating strength but also the possibility of overbought conditions.
Trade Setup:
✅ Bearish Bias: If price stays below ₹635, a potential short trade can be considered with a target of ₹590.
✅ Stop-loss: A strict stop-loss above ₹650 to protect from false breakouts.
✅ Bullish Confirmation: If price reclaims ₹650 convincingly, a breakout trade towards ₹675+ could be on the cards.
🔔 Conclusion:
UPL is at a key inflection point. A rejection at ₹650 can lead to a correction, while a breakout can fuel further upside. Keep an eye on price action for confirmation!
#UPL #Renko #StockMarket #TechnicalAnalysis #TradingView #NSE #SwingTrading
JSW SteelAfter a long time price has formed a strong bull candle near the resistance zone. 1020 is important for the bulls to gain strength and sustain to move up.
Buy level if you are a cautious trader is above 984 - 988 zone with stop loss of 979 for the targets 996, 1003, 1011 and 1018. You can book profit or trail for further profit depending on bullish strength at the zone 1020.
Next resistance is seen at 1060 zone.
Same time you should keep these observations in mind before taking any trading decisions.
Up trend is slow and choppy though we have got good momentum today.
Price is near to the resistance zone 1020.
Bears are still hiding, that is why upward movement is slow. If they decide to take control, price can fall fast from the resistance zone.
Note : Always do your own analysis. Your decisions create changes in your capital only.
#Bhartiartl cash - Sell around 1592-1600#Bhartiartl cash -Positional call
02. March 2025
Timeframe - Hourly
Sell around 1592-1600
SL 1622
Tgt 1542/1512
Cmp 1569.10
#Tatamotors cash : Strong support zone#Tatamotors cash levels
02 March 2025
TimeFrame -Weekly Chart
Support at 600-620
Support 500-520
Support 340-350
Cmp 620
GANESHHOUC Trading Within Demand ZoneGANESHHOUC is currently trading at ₹1082.65, within the demand zone ranging from ₹1140 (baseHigh) to ₹1067.4 (baseLow), identified on 22nd November 2024. This zone may serve as a potential support level, attracting buying interest. Traders and investors should monitor price action for signs of accumulation or reversal.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
Will MIDCAP settle or fallMIDCAP150 is at a good support level; the current levels are also lows of 2024 votes counting day. If it can't hold the current levels, fall to 17000 is being implied.
Let me know your thoughts on this. If you found this helpful, like this post. Follow me for more such updates.
#BergerPaint cash -Cup and handle pattern #Berger Paint Cash- Positional call
27 Feb 2025
Cup and handle pattern breakout seen
Looks good above 512.10
Stoploss at 470
TGT 590-610
Cmp 505.25
#M&M Cash - Support at 2735-2745#Mahindra & Mahindra cash -Positional call
26 - Feb 2025
Looks good around 2735-2745
Stoploss 2700
Tgt 2840/3000
(if holds 2735-45 level with strict SL )
Cmp 2767
Nifty - Feb month expiry analysisPrice was moving within a range 22500 to 22620 for the past few days and unable to break it. 22500 is a strong support zone.
Buy above 22520 with the stop loss of 22480 for the targets 22560, 22600, 22660 and 22720.
Sell below 22460 with the stop loss of 22500 for the targets 22420,22380, 22320 and 22280.
Expected expiry day range is 22300 to 22600.
Always do your own analysis before taking any trade.
#Tatasteel cash : at Trendline Resistance 140-142#Tatasteel cash -Positional call
24-02-2025
Trendline resistance cash resistance 140-142
Looks weak below 136.50
stoploss 139.50
Target 133.50/130.50
Cmp 137.65
Sensex - Expiry day analysis Feb 25Price was falling in steady phase and now it is consolidating. 74500 is an important zone to decide the trend direction.
Buy above 74520 with the stop loss of 74420 for the targets 74600, 74720, 74800, 74940, 75060 and 75200.
Sell below 74340 with the stop loss of 74420 for the targets 74260, 74160, 74080, 73960, 73840 and 73700.
Always do your own analysis before taking any trade.
Maruti 12500 feb pe & 12300 ceHi guys, this is my new effort to do analysis using option chart. I have taken Maruti 12500 feb pe and Maruti 12300 feb ce. For option buyers.
Maruti 12500 feb pe : Price is consolidating in a narrow range and it can give break out. Buy above 215 with the stop loss of 203 for the targets 238, 256, 272 and 294. If the stock is more bearish, price can move towards 312 and 340.
Maruti 12300 feb ce : Price has formed double bottom. Buy above 132 with the stop loss of 118 for the targets 148, 164, 182 and 196.
To trade options, you should do analysis on the particular stock and should have good understanding about market structure.
Nifty - weekly review feb 24 to feb 28Price is testing the support zone for few days. Still buyers, sellers are weak and price was moving in range. 22800 is important for buyers.
Buy above 22820 with the stop loss of 22780 for the targets 22860, 22920, 22980, 23040 and 23120.
Sell below 22680 with the stop loss of 22720 for the targets 22640, 22600, 22540, 22500, 22420 and 22380.
Price should show strength above 22800 for the price to move up. Bears will gain strength below 22700 zone.
Always do your own analysis before taking any trade.
WEAKNESS IN COAL INDIA COAL INDIA has been moving in a downward channel and taking resistance on the top trendline.
A short position can be entered on receiving another signal of weakness from here , preferably at the 369 levels.
EURUSD- Impulse entry - SL hit 1. Candle not closed above resistance but anticipated that next candle will be impulse
2. entry taken after high break
3. sl hit , price reversed
will not take impulse entry's again 🫡
BTC.DMarket update
Bitcoin is a pressure on currencies and a liquidity drawer
As shown in the Dominance chart
As for Dominance, there are important resistances
Patience is required
Currency season is coming soon
EURUSD - A+ Setup - SL hit 1. Candle breakout of resistance
2. price reacted from support
3. Entry on red candle high break
Sl hit - Entered in NY open - volume time
EURUSD - A+ Setup - TP HIT 1. Breakout of Resistance
2. Candle retraced to previous resistance
3. 1st entry missed, traded in second entry
4. TP hit
EURUSD - A+ setup - TP hit 1. price breakout of Support
2. retrace back, previous support now acts as resistance
3. Entry , SL and TP as required
Time - Pre Ny open entry
AUDUSD - A+ Setup1. Breakout from zone
2. After breakout retrace
3. Entry on green candle high which is impulse entry
EURUSD - Breakout retest - A+1. Breakout of resistance
2. candles retraced to previous support area
3. Entry can be planned after red candle high break - Volume time (london session)
4. Target next resistance zone or 1:2
AUDUSD - Impulse entry - SL hit1. Candle took Support
2. waited for high break of the candle
3. Sl hit after entry
