Stockmarketanalysis
NIfty Possible Intraday Levels 07/Aug/23Good Morning Traders,
In friday session Nifty and Banknifty has formed Inverted hear and shoulder pattern, and we had captured a bullish move in that, hope everyone would have money like us. Now Global market looking mixed for today. Well we can see buying in indices and momentum can be extend towards 19650+. But we will play according to our levels only. Best buy could be 19450-19485. So accumulate there keep strict stop loss to go long.
Important Levels For Nifty:-
Buy above 19564, if levels got sustained at least for 30 mints.
Targets we can see in upside 19640/19677+
Keep stop loss at 19438.
Note:- Please accumulate as much as possible in lower range around 19450-19485,if you get the levels.
Sale below 19438, if levels got sustained at least for 30 mints.
Targets we can see in downside 19383/19312--
Keep stop loss at 19564.
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Expiry Day Special Analysis 03/Aug/23 || Nifty Hero & Zero TradeGood Morning Traders, i hope you had a good day yesterday, as we have captured huge move in nifty. Well i have brought again analysis on Nifty on Expiry Day. So let's start.
Guy's yesterday we have seen sharp selling in all indian indices, even in whole world exchanges were down more than 1% in intraday. The reason was that US Credit downgraded. Anyway we have captured good move that is important as trader right.
For today's scenario, Global market still looking bearish, i have seen, it's everywhere red showing. But nifty is on support let's see are we gonna to hold yesterday's low or not. Chances are high we can see some upside in first half and then sailing pressure can come in 2nd half, well predicting now is impossible, that what exactly gonna to happen, but we will trade according to levels or price action.
IMPORTANT LEVELS FOR NIFTY TODAY:-
Best buy will be when nifty cross above 19632 and sustains at least for 30 mints.
Targets we can see in upside 19699/19766++
Keep stop loss at 19561
Best sale levels will be, once nifty breaks 19410 and sustains at least for 30 mints.
Target we can see in downside 19335/19277--
Keep stop loss at 19561
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Tata Consumer next price Prediction : Target 825Tata Consumer currently forming a bullish pennant pattern. Let me tell you something about bullish pennant pattern a little. A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive move higher, then pauses and consolidates between converging support and resistance lines. So Tata Consumer has taken converging support and now it is moving towards it's resistance area. So we can play this move which can give almost 100 points rally from here.
So Buy from current price 720 and Stop loss can be placed at 650, Target we can see 800/825.
Well let me tell you something this is very good stock to invest and hold. So if anyone wants to go invest for long term can go with same given level.
If anyone likes my work, Please do not hesistate to hit like, follow and comment.
Thankyou :-))
Positional Trade in Naukri(Info Edge)
Info Edge is India’s premier online classified company with a portfolio of brands. It owns various brands in different fields like naukri.com (online recruitment), 99acres.com (online real estate), jeevansathi.com (online matrimonial) as well as shiksha.com (online education information services). It also acts as an investor and has invested in many start-ups in the online space and is actively growing its investment portfolio.
Market Cap
₹ 57,251 Cr.
Current Price
₹ 4,432
High / Low
₹ 4,625 / 3,308
Stock P/E
272
Book Value
₹ 1,037
Dividend Yield
0.43 %
ROCE
4.27 %
ROE
1.38 %
Face Value
₹ 10.0
Debt
₹ 108 Cr.
EPS
₹ -8.31
PEG Ratio
-102
Promoter holding
38.0 %
Intrinsic Value
₹
Pledged percentage
0.00 %
EVEBITDA
77.8
Best stock for short term trading as well as long term investment. For the short term ideas i have marked everything on chart.
Disclaimer:- Always do your own research or consult with your financial advisor before taking any trades.
If anyone like my work then support me by like and follow. and comment your thoughts on this idea.
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Regards
Rahul Pal
Buyers has been activated in Nifty|Today Important Levels 28/07Good Morning Traders, i hope you all will be doing good in trading, and in your life as well. Yesterday there was huge momentum for downside in the market, Our hero zero also hasn't done well as we expected, it was equal moment. Okay let's focus on today's nifty levels-
Nifty had given sharp moment for downside in yesterday's session after opening in gap up. Nothing had come in support of our indices, even if i talk about yesterday's global cues, that were also green everywhere..but our indices only doing blood bath. Well even the scenario was very tough for investor but still Nifty had taken support at EMA 200, and given proper huge U turn after touching EMA 200 line. I think market will respect these levels and we will see follow up buying when nifty will come in the range of 19575-10625 levels as these levels going to act strong support zone for coming session according to option chain data also highest put writing seen at 19600 levels. Let's see how the market going to behave, whatever will see, we will act accordingly. Well i have marked all the levels on chart, but still writing for the reference.
Important levels for Nifty:-
Buy above 19733, if levels got sustained at least for 30 mints.
Targets we can see in upside 19821/19867
Keep stop loss at 19600
Note:- Market has taken support at EMA 200. So chances are high Nifty will respect these levels in coming sessions. So in case if you get Nifty in the range of 19575-19625, then grab it means go long, and keep stop loss of 190501.
Sale below 19600, if levels got sustained at least for 30 mints.
Targets we can see in downside 19555/19501
Keep stop loss at 19733
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Downward Sloping Trendline Breakout Seen in Avenue SupermarketABOUT COMPANY
Avenue Supermarts is primarily engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart.
We have seen Neat & Clean Breakout of Downward Sloping Trendline in Avenue Supermarket(D-Mart). This is a huge breakout, this momentum can take this ticker towards All time high 5323 levels. Price and Action Showing a bullish momentum in it. Volume increment also higher from previous week.
According to this breakout price should move in upward direction very fast. As previously we have seen a gap down, so this breakout has filled that gap up also. All that indicating a price reversal in D-Mart.
All levels i have marked on chart, like entry, target, stop loss, all support, breakout levels etc.
If you guy's like my work then don't forget to hit like and follow me and comment your thoughts on this idea.
Thankyou.
Disclaimer:- This is one of my best stock which i am holding from down levels, and still going to add more here as this is showing clearly price reversal. This is not a recommendation, You guy's do your own research or consult with your financial advisor before taking any position in it.
Expiry Day Special Analysis || Hero Zero Trade will be by 1:15pmGood Morning Trader, i hope you all will be doing good in your trading and in your life as well.
Expiry comes again, i know most of our followers they just wait for these days. Okay so as today Finance Nifty expiry day, so will analyse this and will see what we can do today. If Finnifty will hold 20500 levels till 1st half and give breakout of downward sloping trendline on chart then the momentum will shift towards upside and may be we can see new highs today one more time. But as of now data showing negativity in it, If Finnifty start trading below 20500 levels, then this will be hazard sign for Finnifty as then we can see more downside if 20500 levels will break. well we will take our hero zero trade according to price action.
Important Levels for Finnifty:-
Buy above 20573,if levels sustain at least for 30 mints.
Targets will be in upside 20655/20750+
Keep Stop loss at 20500
Sale below 20454, if levels sustain at least for 30 mints.
Targets will be in downside 20324/20233/20141
Keep Stop loss at 20500
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Kotak Bank- Impulse formationAfter a 5-waves up stock has corrected to 50%-61.8% Fibonacci retracement level and bounced back forming HH HL. Considering the rise as wave-1 and the fall as wave-2 , the current bounce is suggesting that stock is unfolding it's 3rd wave which shall take the prices towards 2230-50 zone in the coming weeks.
TRADING STRATEGY:
Buy near 1970 , SL: 1830 TGT: 2230-50/ 2480