TATAMOTORS Support & Resistance As of December 30, 2024, Tata Motors Limited (TATAMOTORS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹748.10
Short-Term Support: ₹734.73
Medium-Term Support: ₹723.18
Long-Term Support: ₹600.00
Resistance Levels:
Immediate Resistance: ₹769.25
Short-Term Resistance: ₹772.84
Medium-Term Resistance: ₹772.33
Long-Term Resistance: ₹900.00
These levels are derived from recent market data and technical analysis.
Support and Resistance
CIPLA Looking good today As of December 30, 2024, Cipla Limited (CIPLA) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,478.40
Short-Term Support: ₹1,484.19
Medium-Term Support: ₹1,479.40
Long-Term Support: ₹1,461.00
Resistance Levels:
Immediate Resistance: ₹1,507.10
Short-Term Resistance: ₹1,518.00
Medium-Term Resistance: ₹1,530.00
Long-Term Resistance: ₹1,547.00
These levels are derived from recent market data and technical analysis.
It's important to note that the stock has support at ₹1,500 and resistance at ₹1,680.
BAJFINANCE Support & ResistanceAs of December 30, 2024, Bajaj Finance Limited (BAJFINANCE) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹6,800.85
Short-Term Support: ₹6,833
Medium-Term Support: ₹6,759
Long-Term Support: ₹6,687
Resistance Levels:
Immediate Resistance: ₹6,921.80
Short-Term Resistance: ₹6,980
Medium-Term Resistance: ₹7,051
Long-Term Resistance: ₹7,126
These levels are derived from recent market data and technical analysis.
Pre Market analysis for 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTYBANK
If market opens flat and breaks 51400 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51250 will plan for selling for target 51000.
Wait for 15min candle close below level.
If market opens gap up, and sustains above 51400 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 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTY50
If market opens flat and breaks 23850 will plan for buying for target 23950 level. If market opens gap down, and breaks 23800, then plan for selling for target 23700. level.
If market opens gap up, and sustains above 23850 level, then plan for buying for target 23950 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
GLENMARK Stock has given strong breakout
#GLENMARK
Stock has given strong breakout from resistance level in daily time frame and closed above it.
If stock sustains above resistance level, can expect good
momentum in coming days.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Biocon Ltd view for Intraday 30th Dec #BIOCON
Biocon Ltd view for Intraday 30th Dec #BIOCON
Resistance 335 Watching above 335 for upside movement...
Support area 325 Below 330 ignoring upside momentum for intraday
Support 325 Watching below 325 or downside movement...
Resistance area 335
Above 330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"*
#### **Market Context**
*"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."*
Two conform breaking line
1) @ 1.0445
2) @ 1.04565
TP @ 1.5247
SL @ 1. 03809
#### **News Context**
*"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics.
Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."*
#### **Call to Action**
*"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"*
---
Let me know if this works or if you’d like further adjustments!
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"*
#### **Market Context**
*"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."*
Two conform breaking line
1) @ 1.0445
2) @ 1.04565
TP @ 1.5247
SL @ 1. 03809
#### **News Context**
*"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics.
Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."*
#### **Call to Action**
*"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"*
---
Let me know if this works or if you’d like further adjustments!
About to breakout swing trading!!🔍 Key Observation:
The stock is currently trading near a critical resistance level at ₹170. A breakout above this level can trigger further bullish momentum 📈.
🎯 Trade Setup:
Buy Above: ₹170
Stop-Loss: 3% below the entry price (₹165) 🔐
Target:
🎯 First Target: ₹187
📊 Technical Signals:
Resistance: ₹170 is a key breakout level to watch 🚀.
Volume: Look for increasing volume to confirm breakout strength 🔥.
🧠 Action Plan:
Wait for the stock to close or trade convincingly above ₹170 before entering.
Set a tight stop-loss to manage risk effectively ✅.
💡 Risk-Reward: Favorable for short-term traders aiming for a 10%+ upside potential with controlled downside
Jio Financial Services: Cooling Off with Strong Support Topic Statement: Jio Financial Services is cooling off slowly after its stellar debut in the stock market, facing selling pressure and trading in a down-trending channel with strong support at 300.
Key Points:
1. The stock is facing selling pressure after its stellar market debut.
2. Price is moving downwards in a well-defined down-trending channel.
3. Strong support is identified at the 300 level, providing a potential buying opportunity.
HDFC AMC: Wedge Pattern Awaits Breakout DirectionTopic Statement: HDFC AMC is subdued in a range of 4100 to 4600, with a wedge pattern signaling a potential breakout that could dictate its next directional move.
Key Points:
1. A wedge pattern formation indicates a breakout could lead to a significant price movement.
2. Strong support at 4200 and resistance at 4500 shape the stock's current dynamics.
COCHIN SHIPYARD LTD LONG ANALYSIS 29.12.24COCHIN SHIPYARD LTD LONG Analysis 29.12.24
Investment type : Mid term (6-12 months)
CMP : 1539.05
R:R = 1:3.5
Expected Gains : 40-90%
Bullish Levels :
Level 1 : 1741.45
Level 2 : 2097.60
Level 3 : 2470.45
Level 4 : 2933.15
Stop loss : 1150.00
This tech. analysis is purely for educational purpose only we did not recommend to invest as per our analysis.
For investment please consult financial advisor.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
ADX in trading The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend.
There are far too many fake breakouts that can leave traders trapped in a bad trade position. The ADX helps validate breakouts. That is, when the price breaks out with an ADX reading of above 25, it implies that momentum in the new direction can be sustained.
INDUSINDBK Support and Resistance As of December 29, 2024, IndusInd Bank Limited (INDUSINDBK) closed at ₹953.40 on the National Stock Exchange (NSE), marking a 2.30% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: ₹943.23
Immediate Resistance: ₹981.28
Short-term Support: ₹939.16
Short-term Resistance: ₹973.93
Medium-term Support: ₹925–908
Medium-term Resistance: ₹942–959
These levels suggest that if the stock price declines, it may find support around ₹943, potentially preventing further decreases. Conversely, if the price rises, it may encounter resistance near ₹981, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 49.395, indicating neutral momentum.
Please note that stock prices are subject to market volatility. For the most current information, it's advisable to consult real-time data sources or financial advisors.
BAJFINANCE Levels As of December 29, 2024, Bajaj Finance Limited (BAJFINANCE) closed at ₹6,910.10 on the National Stock Exchange (NSE), marking a 1.37% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: ₹6,869.08
Immediate Resistance: ₹7,015.38
Short-term Support: ₹6,849.33
Short-term Resistance: ₹6,933.52
Medium-term Resistance: ₹7,000
These levels suggest that if the stock price declines, it may find support around ₹6,869, potentially preventing further decreases. Conversely, if the price rises, it may encounter resistance near ₹7,015, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 49.395, indicating neutral momentum.
Please note that stock prices are subject to market volatility. For the most current information, it's advisable to consult real-time data sources or financial advisors.
Sensex support and resistance As of December 29, 2024, the S&P BSE Index closed at 78,699.07, reflecting a 0.29% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: 78,517
Immediate Resistance: 78,962
Short-term Support: 78,336
Short-term Resistance: 79,225
Medium-term Support: 78,073
Medium-term Resistance: 79,407
These levels suggest that if the index declines, it may find support around 78,517, potentially preventing further decreases. Conversely, if the index rises, it may encounter resistance near 78,962, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 49.395, indicating a neutral momentum.
Please note that market conditions can change rapidly. For the most current information, it's advisable to consult real-time data sources or financial advisors.
NIFTY 50 index levels As of December 29, 2024, the NIFTY 50 index closed at 23,813.40, reflecting a 0.27% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: 23,807
Immediate Resistance: 23,945.25
Short-term Support: 23,726.44
Short-term Resistance: 24,288.03
Medium-term Support: 23,500–23,640
Medium-term Resistance: 24,150
These levels suggest that if the index declines, it may find support around 23,807, potentially preventing further decreases. Conversely, if the index rises, it may encounter resistance near 23,945, which could impede further gains.
Please note that market conditions can change rapidly. For the most current information, it's advisable to consult real-time data sources or financial advisors.