Pre Market analysis for 03/01/2025
Pre Market analysis for 03/01/2025
#NIFTYBANK
If market opens flat and breaks 51700 level, will plan for buying for target 52000 level.
If market opens gap down, and breaks 51000 will plan for selling for target 50500. Wait for 15min candle close below level.
If market opens gap up, and sustains above 51750 level, then plan for buying for target 52000.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Support
Pre Market analysis for 03/01/2025
Pre Market analysis for 03/01/2025
# NIFTY50
If market opens flat and breaks 24200 will plan for buying for target 24450 level.
If market opens gap down, and breaks 23950, then plan for selling for target 23700. level.
If market opens gap up, and sustains above 24250 level, then plan for buying for target 24450 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
ANGELONE LevelsAs of January 2, 2025, Angel One Limited (ANGELONE) closed at ₹2,976.35 on the National Stock Exchange (NSE).
In the daily time frame, the stock exhibits the following support and resistance levels:
Support Levels:
Immediate Support: ₹2,930.75
Short-Term Support: ₹2,947.80
Medium-Term Support: ₹2,798.57
Long-Term Support: ₹2,665.30
Resistance Levels:
Immediate Resistance: ₹3,007.95
Short-Term Resistance: ₹3,113.41
Medium-Term Resistance: ₹3,972.62
Long-Term Resistance: ₹3,763.38
These levels are derived from technical analysis tools such as moving averages and pivot points.
HDFCBANK // levelsAs of January 2, 2025, HDFC Bank Limited (NSE: HDFCBANK) is trading at ₹1,806.15.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹1,765
S2: ₹1,746
S3: ₹1,732
Resistance Levels:
R1: ₹1,797
R2: ₹1,812
R3: ₹1,830
These levels suggest that if the stock price falls below the immediate support at ₹1,765, it may find the next support at ₹1,746. Conversely, if the price rises above the immediate resistance at ₹1,797, it could encounter the next resistance at ₹1,812.
Additionally, the stock is testing support at ₹1,770. A downward breakthrough of this level could signal a negative trend.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.
AFCONS // Levels Afcons Infrastructure Limited, a prominent construction and engineering company in India, specializes in infrastructure development across various sectors.
As of January 2, 2025, Afcons Infrastructure's stock (NSE: AFCONS) is trading at ₹520.90.
NSE INDIA
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹510.00
S2: ₹500.00
S3: ₹490.00
Resistance Levels:
R1: ₹530.00
R2: ₹540.00
R3: ₹550.00
These levels suggest that if the stock price falls below the immediate support at ₹510.00, it may find the next support at ₹500.00. Conversely, if the price rises above the immediate resistance at ₹530.00, it could encounter the next resistance at ₹540.00.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.
Sensex // Levels As of January 2, 2025, the S&P BSE Sensex Index is trading at 79,204.16 INR, reflecting a 0.47% increase over the past 24 hours.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: 78,018
S2: 77,529
S3: 77,160
Resistance Levels:
R1: 78,877
R2: 79,246
R3: 79,735
These levels suggest that if the Sensex declines below the immediate support at 78,018, it may find the next support at 77,529. Conversely, if it rises above the immediate resistance at 78,877, it could encounter the next resistance at 79,246.
Additionally, the Relative Strength Index (RSI) is at 66.391, indicating a buy signal, while the Stochastic Oscillator is at 99.408, suggesting overbought conditions.
CIPLA // LevelsAs of January 2, 2025, Cipla Limited (NSE: CIPLA) is trading at ₹1,529.10, reflecting a 0.01% increase from the previous close of ₹1,529.00.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹1,516
S2: ₹1,503
S3: ₹1,487
Resistance Levels:
R1: ₹1,545
R2: ₹1,561
R3: ₹1,574
These levels suggest that if the stock price falls below the immediate support at ₹1,516, it may find the next support at ₹1,503. Conversely, if the price rises above the immediate resistance at ₹1,545, it could encounter the next resistance at ₹1,561.
Additionally, the Relative Strength Index (RSI) for Cipla is currently in a neutral range, indicating neither overbought nor oversold conditions.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.
DLF // Levels As of January 2, 2025, DLF Limited (NSE: DLF) is trading at ₹824.50, reflecting a 0.05% decrease over the past 24 hours.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹833.27
S2: ₹819.68
S3: ₹804.52
Resistance Levels:
R1: ₹848.43
R2: ₹862.02
R3: ₹877.18
These levels suggest that if the stock price falls below the immediate support at ₹833.27, it may find the next support at ₹819.68. Conversely, if the price rises above the immediate resistance at ₹848.43, it could encounter the next resistance at ₹862.02.
Additionally, the stock is currently trading between support at ₹820 and resistance at ₹900. A definitive break through one of these levels could indicate a new direction.
Mahindra & Mahindra Financial Services Limited // LevelsMahindra & Mahindra Financial Services Limited (M&MFIN) is a prominent non-banking financial company (NBFC) in India, specializing in providing financial services to rural and semi-urban populations. The company offers a range of products, including vehicle financing, SME financing, housing finance, insurance broking, and mutual fund distribution.
As of January 2, 2025, M&MFIN's stock performance is as follows:
Current Share Price: ₹264.95
52-Week High: ₹343.00
52-Week Low: ₹246.20
1-Month Change: -3.09%
It's noteworthy that in 14 out of the past 18 years, M&MFIN has delivered negative returns in January, with a maximum positive change of 15.32% observed in 2012.
Given the stock's historical volatility, especially in January, it's advisable to consult financial advisors or utilize real-time trading platforms for the most current information and personalized investment guidance.
Adani Enterprises Limited // Levels //As of January 2, 2025, Adani Enterprises Limited (ADANIENT) is trading at ₹2,544.60, reflecting a 0.45% decrease from the previous close of ₹2,556.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹2,499.73
S2: ₹2,446.02
S3: ₹2,373.78
Resistance Levels:
R1: ₹2,625.68
R2: ₹2,697.92
R3: ₹2,751.63
These levels suggest that if the stock price falls below the immediate support at ₹2,499.73, it may find the next support at ₹2,446.02. Conversely, if the price rises above the immediate resistance at ₹2,625.68, it could encounter the next resistance at ₹2,697.92.
Additionally, the Average True Range (ATR) for ADANIENT is as follows:
5-Day ATR: ₹82.25
14-Day ATR: ₹86.49
28-Day ATR: ₹91.88
The ATR is a volatility indicator that measures the average price movement over a specified period; higher values indicate increased volatility.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.
ITC Ltd view for Intraday 2nd jan #ITC
ITC Ltd view for Intraday 2nd jan #ITC
Resistance 480 Watching above 481 for upside movement...
Support area 470 Below 475 ignoring upside momentum for intraday
Support 470 Watching below 469 or downside movement...
Resistance area 480
Above 465 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Zomato Ltd view for Intraday 2nd jan #ZOMATO
Zomato Ltd view for Intraday 2nd jan #ZOMATO
Resistance 285 Watching above 285 for upside movement...
Support area 280 Below 280 ignoring upside momentum for intraday
Support 280 Watching below 278 or downside movement...
Resistance area 285
Above 285 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Hindalco industries Ltd view for Intraday 2nd jan #HINDALCO
Hindalco industries Ltd view for Intraday 2nd jan #HINDALCO
Resistance 608-610 Watching above 611 for upside movement...
Support area 600 Below 605 ignoring upside momentum for intraday
Support 600 Watching below 597 or downside movement...
Resistance area 608-610
Above 605 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Bharati Airtel Ltd view for Intraday 2nd jan #BHARTIARTL
Bharati Airtel Ltd view for Intraday 2nd jan #BHARTIARTL
Resistance 1600 Watching above 1603 for upside movement...
Support area 1570 Below 1580 ignoring upside momentum for intraday
Support 1570 Watching below 1568 or downside movement...
Resistance area 1600
Above 1580-1585 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Lupin Ltd view for Intraday 2nd jan #LUPIN
Lupin Ltd view for Intraday 2nd jan #LUPIN
Resistance 2330 Watching above 2335 for upside movement...
Support area 2270 Below 2300 ignoring upside momentum for intraday
Support 2270 Watching below 2268 or downside movement...
Resistance area 2330
Above 2300 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Stock is facing resistance in daily time frame
#VBL
Stock is facing resistance in daily time frame. Can expect good upmove once
resistance is broken and starts trading above it.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 02/01/2025
Pre Market analysis for 02/01/2025
#NIFTYBANK
If market opens flat and breaks 51250 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51000 will plan for selling for target 50600.Wait for 15min candle close below level.
If market opens gap up, and sustains above 51250 level, then plan for buying for target 51600.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 02/01/2025
Pre Market analysis for 02/01/2025
#NIFTY50
If market opens flat and breaks 23800 will plan for buying for target 23900 level.
If market opens gap down, and breaks 23700, then plan for selling for target 23550. level.
If market opens gap up, and sustains above 23800 level, then plan for buying for target 23950 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
CIPLA // levels As of January 1, 2025, Cipla Limited (CIPLA) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,508.25
Next Support: ₹1,494.07
These levels suggest that if the stock price declines below ₹1,508.25, it may find support around ₹1,494.07.
Resistance Levels:
Immediate Resistance: ₹1,539.85
Next Resistance: ₹1,553.00
If the stock price surpasses ₹1,539.85, it could encounter resistance near ₹1,553.00.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful:
ICICIBANK // levelsAs of January 1, 2025, ICICI Bank Limited (ICICIBANK) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,278 – ₹1,274
Next Support: ₹1,268
These levels suggest that if the stock price declines below ₹1,278, it may find support around ₹1,268.
Resistance Levels:
Immediate Resistance: ₹1,288 – ₹1,294
Next Resistance: ₹1,298
If the stock price surpasses ₹1,294, it could encounter resistance near ₹1,298.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful:
BHARTIARTL // Level //As of January 1, 2025, Bharti Airtel Limited (BHARTIARTL) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,568 – ₹1,549
Next Support: ₹1,534
These levels suggest that if the stock price declines below ₹1,568, it may find support around ₹1,534.
Resistance Levels:
Immediate Resistance: ₹1,602 – ₹1,617
Next Resistance: ₹1,636
If the stock price surpasses ₹1,617, it could encounter resistance near ₹1,636.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful