Senores Pharma: Cup & Handle - Ready for Some Action?NSE:SENORES
Senores Pharma is forming a potential cup and handle on the daily timeframe. A breakout attempt on Feb 6, 2025, failed to sustain above ₹607.35 as selling pressure came in second half.
Now, the cup and handle pattern is progressing, making next week crucial. A close above ₹607.35 is the key level to watch for confirmation.
Volumes are rising, with today's volume (Feb 21, 2025) nearly 5x yesterday's. The stock's resilience despite market pressure indicates strength.
Cup and Handle pattern usually don't disappoint so would be interesting to watch.
Senores Pharmaceuticals is a research-driven company focused on developing specialty pharmaceutical products for regulated markets. The company has shown impressive financial performance:
Recent Financials (Q3 FY25):
Net Sales: ₹106.4 crore (up 35% YoY from ₹78.7 crore in Q3 FY24)
QoQ Performance: Increased from ₹104.4 crore in Q2 FY25 (up 1.92%)
EBITDA: ₹29.1 crore (up 92% YoY)
PAT: ₹17.2 crore (up 142% YoY from ₹7.1 crore in Q3 FY24)
9MFY25 Performance:
Total Revenue: ₹288.1 crore (up 157% YoY from ₹112.1 crore in 9MFY24)
PAT: ₹40.7 crore (up 162% YoY)
Market Position : The stock has outperformed its sector and the broader Sensex, achieving consecutive gains over the past month and trading above multiple moving averages.
Future Projections : Management anticipates a top-line growth of 50%-60% for FY26, with plans to launch five new products in the current quarter.
Strategic Focus : Continued investment in R&D and infrastructure development is expected to enhance manufacturing capabilities and expand product offerings.
Supply and Demand
Nifty Intraday Analysis for 21st February 2025NSE:NIFTY
Index closed near 22915 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 99.20 Lakh 23000 Strike – 77.10 Lakh
23200 Strike – 48.98 Lakh
Put Writing
23000 Strike – 72.73 Lakh
22500 Strike – 56.08 Lakh
22800 Strike – 43.86 Lakh
Index may reach 23150 - 23200 range, if crosses and sustains above 23050 level. Further, Index may reach 23300 - 23350 range, if sustain above 23100 level.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 21st February 2025NSE:BANKNIFTY
Index closed near 49335 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 15.27 Lakh
49500 Strike – 13.31 Lakh 50500 Strike – 11.68 Lakh
Put Writing
49000 Strike – 15.45 Lakh
48500 Strike – 14.56 Lakh
48000 Strike – 14.16 Lakh
Index has resistance near 49900 – 50000 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.
Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48400 - 48300 range.
Finnifty Intraday Analysis for 21st February 2025NSE:CNXFINANCE
Index closed near 23280 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
24000 Strike – 3.41 Lakh
23500 Strike – 2.35 Lakh
23800 Strike – 1.04 Lakh
Put Writing
23500 Strike – 1.62 Lakh
23000 Strike – 1.22 Lakh
23300 Strike – 0.91 Lakh
Index has resistance near 23450 - 23500 range and if index crosses and sustains above this level then may reach near 23650 - 23700 range.
Index has immediate support near 23100 – 23050 range and if this support is broken then index may tank near 22950 – 22900 range.
Midnifty Intraday Analysis for 21st February 2025NSE:NIFTY_MID_SELECT
Index closed near 11390 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 7.17 Lakh
11400 Strike – 5.47 Lakh
11300 Strike – 5.19 Lakh
Put Writing
11000 Strike – 16.10 Lakh
11300 Strike – 7.41 Lakh
11500 Strike – 6.27 Lakh
Index has immediate resistance near 11500 – 11550 range and if index crosses and sustains above this level then may reach 11650 – 11700 range.
Index has immediate support near 11250 – 11200 range and if this support is broken then index may tank near 11050– 11000 range.
BankNifty levels - Feb 24, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Nifty levels - Feb 24, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
RBLBANK!Simple explanation:
Candlesticks: Each candlestick shows the price of the stock for one day. A green candlestick means the price went up that day, and a red one means the price went down.
Fibonacci Retrenchment Levels: These horizontal lines are like checkpoints, showing important price levels where the stock might stop and change direction. Think of them as guideposts on a trail.
Price Targets: These are the expected price levels the stock might reach. For example, if the stock moves up, it could hit the price target marked by an arrow.
Volume: This shows how many stocks were traded. A high volume means lots of people were buying or selling that day.
Current Price: The current price of the stock is ₹152.79, which is down by 7.02%.
So, traders use this chart to understand past price movements and predict future changes, helping them make decisions on buying or selling the stock. 📈📉
Hope this helps! If you have questions, just let me know.
Nifty Intraday Analysis for 20th February 2025NSE:NIFTY
Index closed near 22935 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 122.29 Lakh 23100 Strike – 100.52 Lakh
23000 Strike – 82.43 Lakh
Put Writing
22500 Strike – 81.68 Lakh
22800 Strike – 73.10 Lakh
22900 Strike – 48.87 Lakh
Index may reach 23100 - 23150 range, if crosses and sustains above 23000 level. Further, Index may reach 23250 - 23300 range, iIf sustain above 23300 level.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 20th February 2025NSE:BANKNIFTY
Index closed near 49570 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 12.37 Lakh
50500 Strike – 11.69 Lakh 49500 Strike – 10.46 Lakh
Put Writing
49000 Strike – 15.95 Lakh
48500 Strike – 10.23 Lakh
49500 Strike – 9.12 Lakh
Index has resistance near 50000 – 50100 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.
Index has immediate support near 49000 - 48900 range and if this support is broken then index may tank near 48700 - 48500 range.
Finnifty Intraday Analysis for 20th February 2025NSE:CNXFINANCE
Index closed near 23455 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
24000 Strike – 3.92 Lakh
23500 Strike – 2.12 Lakh
23900 Strike – 1.15 Lakh
Put Writing
23500 Strike – 1.62 Lakh
23000 Strike – 1.16 Lakh
23100 Strike – 0.67 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23725 - 23775 range.
Index has immediate support near 23250 – 23200 range and if this support is broken then index may tank near 23050 – 23000 range.
Midnifty Intraday Analysis for 20th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11270 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 7.74 Lakh
11300 Strike – 4.88 Lakh
11400 Strike – 3.46 Lakh
Put Writing
11000 Strike – 13.55 Lakh
11200 Strike – 4.73 Lakh
11100 Strike – 4.69 Lakh
Index has immediate resistance near 11375 – 11435 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11100 – 11050 range and if this support is broken then index may tank near 10925– 10875 range.
MAHARASTRA SEAML - Aggressive Reversal Bet!Price Analysis & Overview:
1. EMA support taken.
2. Strong Fib support zone.
3. Blast above 900
4. 100%+ Potential
5. Need good volumes
6. Entry above 710 post confirmations
7. Strong buying candle formation is needed.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
BankNifty levels - Feb 21, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Nifty levels - Feb 21, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Key Levels: Nifty at a Crucial Turning Point! What's Next? Nifty's price structure is showing a clear pattern of lower highs and lower lows, indicating a prevailing downtrend. However, the market is now at an interesting Demand Zone that could determine its next big move.
📊 Key Observations
On January 27, Nifty took support from an old demand zone, and formed new lower high.
This minor reversal also led to the creation of a new demand zone.
Currently, Nifty is approaching this fresh Demand zone & old Demand Zone, making it a highly significant area to watch.
🔍 Possible Scenarios Ahead
Reversal from the Demand Zone : If Nifty respects this demand zones and reverses, we may see a potential bottom forming.
Sideways Consolidation : Nifty may move sideways, indicating indecision before a breakout.
Breakdown Below Demand Zone : If the demand zone is breached, Nifty could make a new lower low, continuing its downward trend.
🔄 What’s Next?
The next few sessions will be crucial in determining whether Nifty finds strength or continues its downward trajectory. Traders should closely monitor price action and key levels to gauge market sentiment.
Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
🌟 “Patience and discipline separate the successful trader from the rest.”
This analysis is for educational purposes only and is not a trading or investment recommendation. I am not a SEBI-registered analyst.
Hero MotoCorp I Bullish Signals – Time to Invest or Trade?Trade Plan
Enter after strong Breakout of 3,896 levels, Stop loss below entry candle 15m time frame(Not more than (0.5%)
Pro Tip
As we are on a weekly support of the stock and it is taking support from it we could be seeing a trend day where the price consistently moves in one direction throughout the trading session, with minimal price reversals. So to capture the big move You can trail stoploss on previous swing or an EMA of your preference. Eg:10,20
Buy above 3,896.70 ( after close on 15m TF)
Target 1 - 3,950.95
Target 2 - 3,976.15
Target 3 - 4,015.55
Not an Investment Advise
Nifty Intraday Analysis for 19th February 2025NSE:NIFTY
Index closed near 22945 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 92.78 Lakh 23200 Strike – 80.01 Lakh
23300 Strike – 66.18 Lakh
Put Writing
22500 Strike – 61.90 Lakh
22700 Strike – 61.54 Lakh
22800 Strike – 50.23 Lakh
Index may reach 23200 - 23250 range, if crosses and sustains above 23000 level. Further, Index may reach 23400 - 23450 range, iIf sustain above 23300 level.
Index has immediate support near 22750 – 22700 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 19th February 2025NSE:BANKNIFTY
Index closed near 49085 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 14.49 Lakh
50500 Strike – 12.42 Lakh 49000 Strike – 11.60 Lakh
Put Writing
49000 Strike – 12.22 Lakh
48000 Strike – 12.14 Lakh
48500 Strike – 7.31 Lakh
Index has resistance near 49700 – 49800 range and if index crosses and sustains above this level then may reach near 50300 – 50400 range.
Index has immediate support near 48600 - 48500 range and if this support is broken then index may tank near 48100 - 48000 range.
Finnifty Intraday Analysis for 19th February 2025NSE:CNXFINANCE
Index closed near 23280 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.15 Lakh
23200 Strike – 0.74 Lakh
23400 Strike – 0.65 Lakh
Put Writing
23000 Strike – 0.92 Lakh
23500 Strike – 0.91 Lakh
23200 Strike – 0.73 Lakh
Index has resistance near 23475 - 23525 range and if index crosses and sustains above this level then may reach near 23675 - 23725 range.
Index has immediate support near 23025 – 22975 range and if this support is broken then index may tank near 22850 – 22800 range.