Adaniports Ltd view for Intraday 11th Dec #ADANIPORTSAdaniports Ltd view for Intraday 11th Dec #ADANIPORTS
Resistance 1260 Watching above 1265 for upside movement ...
Support area 1230 Below 1250 ignoring upside momentum for intraday
Support 1230 Watching below 1228 or downside movement ...
Resistance area 1260Above 1240-1242 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks
Support
HDFC Life Insurance Company Ltd view for Intraday 11th Dec HDFC Life Insurance Company Ltd view for Intraday 11th Dec #HDFCLIFE
Resistance 640 Watching above 642 for upside movement ...
Support area 630 Below 630 ignoring upside momentum for intraday
Support 630 Watching below 628 or downside movement ...
Resistance area 640Above 640 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
ITI Ltd view for Intraday 11th Dec #ITIITI Ltd view for Intraday 11th Dec #ITI
Resistance 370 Watching above 372 for upside movement ...
Support area 362-364 Below 366 ignoring upside momentum for intraday
Support 362-364 Watching below 362 or downside movement ...
Resistance area 370
Above 366 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
State Bank of India view for Intraday 11th Dec #SBINState Bank of India view for Intraday 11th Dec #SBIN
Resistance 875 Watching above 875 for upside movement ...
Support area 850 Below 860 ignoring upside momentum for intraday
Support 850 Watching below 848 or downside movement ...
Resistance area 875
Above 860 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Wipro Ltd view for Intraday 11th Dec #WIPROWipro Ltd view for Intraday 11th Dec #WIPRO
Resistance 310 Watching above 311 for upside movement ...
Support area 305 Below 307 ignoring upside momentum for intraday
Support 305 Watching below 304 or downside movement ...
Resistance area 310Above 307 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Nifty Bearish Reversal to 21800 and 19900. If May fall if 24500 is broken , Targets are based on fib extension. on weekly 23.6 % retracement and Fib extension meeting at 21800. This is likely to happen in coming few weeks or months.
once 21800 is broken next target would be 19900. This seems too much however this can be used as best time and level to invest for long term. 19900 is 23.8 % retracement from all time high. This is ideal level for long term investment for 4-5 year horizon.
Britannia is ready to leave the ground and start flying Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought another nifty50 stock which is trading at important support zone, Probability is high it can take off means it can leave the ground and flying in blue sky.. I am expecting minimum 35%+ move in this swing, if you check chart above i have shown every swing since it has given a breakout in November 2022, and then it is just making higher highs and higher lows channel and respecting the upward support trendline, this time again we have seen correction in many stocks so britannia also corrected and it is just trading above to Upward support trendline, i am expecting it will surely take support in this zone and fly in blue sky. I already have mention the levels above for stop loss and targets please follow in your trading.
Fundamental Analysis
D/E is 0.52
Interest Coverage ratio is 18.77
D/E 0.52 has reduced as compared to last year's D/E 0.84
ROCE is 49.25%
ROE is 57.1%
ROCE 49.25% is higher than 5 years ROCE average 45.76%
ROE 57.1% is higher than 5 years ROE average 52.47%
Operating Profit Margin (EBITDA Margin) is 18.9%
Operating Profit Margin (EBITDA Margin) 18.9% has improved as compared to last year's OPM 17.11%
NPM is 12.76%
Dividend Yield is 1.5%
Free Cash Flow yield is 1.72%
Company has a negative Cash Conversion Days of -27.09
Dividend pay-out is 82.75% of Net Profit
3 Years Sales CAGR is 13.07%
3 Years Profit CAGR is 15.11%
FII have increased their stakes by 0.5% in the latest quarter (17.41% to 17.91%)
Retail/Public have reduced their stakes by 0.46% in the latest quarter (16.69% to 16.23%)
Retail/Public have reduced their stakes by 4.71% in last 3 years
Promoters + FIIs + DIIs hold 84.69% in the company
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.
BALMLAWRIE - Wedge formation and Morning starThe price has been consolidating since January 2024, forming a wedge pattern. Recently, a morning star candlestick formation has appeared, which could be considered as a potential signal. However, it might be better to wait for a trendline breakout for additional confirmation.
CREDITACC- Price at support line forming Morning StarThe 850 range has been a significant support level for this stock since 2020. After a decline from its all-time high of 1750 to the 850 range, the price is now forming a Morning Star pattern on the weekly timeframe. An entry opportunity is available only on Friday if the green candle formation is good without long wick, with a stop-loss placed below the hammer candle.
Birlasoft - Positional setupCMP 599 on 12.10.24
A Pole and Flag pattern-like formation is in progress on the chart. But a trade setup should be backed by other parameters too.
The range of 550-580 has been acting as a good support zone for a long time. This time, it reversed from the zone again—a good time for a buy setup with a favorable risk-reward ratio.
Immediate targets seem 670, 710, and 740.
The setup fails if the price sustains below 550-540 levels.
Position size should be following risk management.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
BankNifty, Nifty, Gold & Bitcoin - Maha Bounce!In last week's video, we anticipated significant moves across BankNifty, Nifty, Gold, and Bitcoin, all aligning with NDA+ victory in the Maharashtra Assembly elections. Here’s a quick recap and what to watch next:
BankNifty: What's Next?
- The index could face resistance in the 51650-51950 zone as a Bearish Shark pattern unfolds along with falling channel resistance.
- If a gap-up move brings BankNifty into this resistance zone and it holds below 52000, it could present an opportunity to sell.
- Key Alert: If the index breaks above 52000, the Bearish Shark pattern becomes invalid, as it would breach the falling channel.
- In case of a gap-up opening at 51650-51950, be cautious of a sharp drop towards the 50950-51000- first target zone downside
- Further downside could extend to 50350-50550 if 50900 support breaks.
Gold: A $100+ Upside Move
Gold delivered a remarkable bounce, gaining over $100 + as discussed last week.
Bitcoin: Nearing $100,000
Bitcoin is on the verge of a monumental milestone, heading close to the $100,000 mark—a notable achievement since last week's prediction.
Stay sharp as we enter this critical week. Watch for the levels discussed, and remember to trade with caution. Let’s see how these setups play out!
Market whispers! Can You Hear Them?
Have a great week ahead!
Best regards,
WaveTalks
GPPL - Engulfing candle near support lineThe 170 price range has been serving as a strong support line since February 2024, with the price previously testing this level three times. Now, the price has returned to the same level and engulf candle structure, increasing the probability of a bounce back toward the resistance line. Additionally, the stock is forming an open wedge pattern, further supporting the bullish outlook.
LAMBODHARA - Price at support linePrice consolidate since January 2023 and it supports bothe resistance and support for 2 years. Currently, stock in support line with good candle formation. Only benefit in entering these type of structure is we can have stoploss below support line and target near resistance line.






















