Range bound at IOCLNSE:IOC The major resistance is at 180. A bounce back has happened at 130 levels and is expected to go on another chance of breaking the resistance. Buy @ 135 & sell @ 180 levels.
Supportandresistancezones
GAIL: Pullback swing trade📊 Analysis :
Price trying to structure shift from Down trend to uptrend. Taking support on 21EMA with hammer candle. looking good for bullish move.
📈 Trading Plan :
Entry: Buy above 205.75 (wait for a breakout above candle at least 15-30 min with strong volume confirmation).
Target 1: 222
Target 2: 233 and so on...
Stop-Loss: 199 (Weekly closing basis)
Will update further price direction once price starts moving in bullish direction.
TEXRAIL: Technical Signals Point to 20% PotentialThe chart provides a comprehensive overview of the key breakout levels and potential upward movement scenarios.
symmetrical triangle Breakout
RSI is above 60 and showing an upward trend
Surpass the hidden resistance and establish it as support
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
USDJPY ORDER BLOCK | SHORT TRADEHi traders,
This USDJPY 4 hr Order block. 153.830 selling area.
According to smc concept we can see Selling from this level.
if you see 5 min CHoCH is best for entry.
Note - Only for education purpose
If you like my anaylsis then you should like and follow me.
XAUUSD ORDER BLOCK | LONG TRADEHi Traders
This Area is 4Hr Order block according to SMC.
2640-2615 is Liquidity Pool we can see
upside movement after taking this liquidity.
Best time to take trade is 5 min CHoCH but after Rejection.
Note - Only for education Purpose
EMS LIMITED swing Idea....Positives
EMS LIMITED broke out ATH today.
Water management theme, Supporting theme.
negitives
Broader market heated up, breakouts may fail.
Note: No idea about fundamentals
IT SECTOR OVERVIEW: Super Bullish!Observation & Overview:
1. The IT Index was beaten down in late 2022.
2. After 2023 it formed a bottom and prices started gaining strength.
3. 2024 price started forming Higher Highs & Higher Lows, touched the previous 2022 ATH and currently, taking support from the 50% of the swing and also bouncing from a D tf demand.
4. It is acting as a major support zone and good weekly candle rejection can be noticed.
5. Signs of buyers getting dominant and it should break the ATH soon.
6. I'm expecting a minimum 15% ROI from this sector turnaround.
7. Hopefully, with sector rotation this sector is going to gain momentum eventually.
- Stay tuned for further insights, updates and trade safely!
- 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
SIEMENS NEAR RESISTANCE LEVELSIEMENS, one of my favorite stocks as this stock has always obeyed the untold rules of price action without any hindrance. The stock has always been fundamentally very strong. Now the stock is trading at 7,968 at a very crucial level. the stock can plummet back to its Support Zone or if it manages to break the Resistance level (on the Daily as well as the Weekly TF) as marked on the chart can go on a nice bull run in the coming few weeks.
POLYCAB PROBABLE BREAKOUTPOLYCAB has given a breakout today from a long consolidation and is currently trading at 7,541. The stock is fundamentally strong and has even given a breakout on the weekly TF. There is also a hidden Support-Cum-Resistance Level marked on the chart with a dotted line.
So far, the stock looks good for a Long-Position and can expect to see targets of 8000 in the coming few weeks.
SONACOMS NEAR ITS STRONG SUPPORT ZONESONACOMS CMP at 631 has given a Doji candle exactly near its Support zone. The stock had been in a down trend for the last couple of days but the market never fails to follow its Golden Rules of Price Action. The stock has always taken support at this level and jumped back up. We can only expect the stock to go up from this level.
However, there is very little volume in trading.
SHAKTIPUMP RESISTANCE BREAKOUTSHAKTIPUMP, currently trading at ₹899.35, has shown a solid breakout above the marked resistance levels on the chart, indicating a strong potential for upward momentum in the coming weeks. Additionally, the stock has confirmed an ascending triangle breakout, reinforcing the bullish sentiment beyond the resistance level. This is a clear example of effective price action. The technical indicators look promising, with volumes steadily building up over the past few days, supporting the recent breakout.
EURUSD ORDER BLOCK | LONG TRADEHi Trader
Eurusd taken previous 1hr and 4hr liqduity so Buying expected
according to SMC. (Forex Mentorship available)
5 min CHoCH is best to take Long trade
Note - Only for education purpose
TATA POWER SWING TRADE | DAILY CHARTTATA POWER SWING TRADE
Hi trade this is chennel breakout and retest at level 420-415 in green candle
i will take entry with green candle low SL.
target 485,520
Note - Only for education purpose..
GIVE LIKE SHARE AND FOLLOW
NIFTY ANALYSIS | WAVE THEORY ANALYSIS Hi Trader,
This is wave theory analysis 24350-320 is 2nd wave support for Nifty.
Its does'nt mean buying will happen its possibility 70% chace Buying will happen.
we can see some upside move from next week 16 dec onwards.
Note - Only for education purpose
GIVE LIKE AND FOLLOW..
INFY BREAKOUT ON Daily TF and Weekly TFInfosys (INFY) has been in a prolonged phase of consolidation, repeatedly testing a well-established resistance level over time. Despite multiple attempts, the stock consistently retracted from this level without delivering a decisive breakout. However, INFY has now closed convincingly above this resistance on both the Daily and Weekly time frames. This breakout suggests a strong potential for an imminent upside, supported by technical confirmation.
This setup presents a favorable risk-reward trade opportunity, with minimal risk due to the narrow stop-loss range. For investors with a long-term perspective, INFY also offers the possibility of substantial gains, even without relying on a stop-loss strategy. The breakout marks a critical juncture, highlighting its potential for sustained bullish momentum.
POWER GRID SWING TRADEPOWER GRID Swing Trade
Hi This Flip Zone we can see buying from this level 328.5 i taken entry
Towards 1st Target - 345 2nd Target - 363
Seller will come if breaks 322 level the its fail accrdoing to SMC
Note - Only for Education purpose . Do your own research.
Updater Service Ltd. Good for a short swing. - At a support
-Good ROE ROCE
- Risk 11%
Updater Services Limited: UDS
Operates as an integrated business services provider in India, offering solutions in facilities management (IFM) and business support services (BSS). It caters to industries like hospitality, manufacturing, and IT, providing services such as housekeeping, pest control, logistics, staffing, and sales enablement.
Financial Overview:
Revenue Growth: The company achieved a trailing twelve-month revenue of ₹26 billion as of September 2024, with a growth rate of 13.52% year-over-year.
Profitability: Net income stood at ₹985.8 million for the same period.
Earnings: Its Q2 FY2025 earnings per share (EPS) increased to ₹4.20 from ₹1.86 in Q2 FY2024, reflecting strong performance.
Market Capitalization: ₹27.42 billion, with a P/S ratio of 1.05, indicating a reasonable valuation relative to its sales.
Growth Prospects:
1. Acquisitions: UDS has been expanding its portfolio through acquisitions, such as stakes in Athena BPO and Denave India, which enhance its service offerings and geographical reach.
2. Industry Demand: The integrated facility management market in India is growing, driven by demand from corporates for comprehensive services.
3. Potential Risks: Insider selling and valuation concerns indicate some investor caution despite recent performance improvements.
Overall, UDS demonstrates robust growth potential supported by consistent revenue increases and strategic acquisitions. However, investors should monitor valuation levels and insider activity for signs of market sentiment changes.
Electcast at a support level and offers good RR.Electrosteel Casting. Reversing from support.
- Offers good RR.
-Can be a good swing pick.
Risk- 16%
Reward-40%
RR: 1:2.5
Tweak the SL and Tragets as per your trading style and risk appetite. This is just a view and is not a trading advice.
#BankNifty Support and Resistance LevelsIn this video I will show you how to draw #Support and #Resistance Levels. I have used #Banknifty as an example.
Double bottom reversal with bullish engulfing candle in TitanNSE:TITAN A double-bottom reversal from the 3120-3140 level can be bought and the target can be achieved at 3750-3800. A bullish engulfing candle has been formed in the weekly time frame confirming the reversal.
A stop loss to 3150 or a closer swing is advisable. The risk-to-reward ratio can be managed at 1:4.
TATACONSUM - Morning star near supportline900 Range acting as resistance line since 2021 and it breakout on October 2023 and need to act as support. Now price returns to same range (900) and formed Good Morning Star structure near that line in daily time frame.
BANDHAN BANK | Long Term InvestmentHi Traders,
This is Bandhan bank Monthly Chart.
This Best time to invest for long term with small
SL which is 27 Rupees.
Strategy - This Power Of Stock 5 EMA Monthly Candle
Note - This is only for education purpose.
Bearish trend in Nifty(Weekly) (In Hindi)NSE:NIFTY On Indices analysis, we are looking at some of the top Indices at the weekly level. It is clearly visible that Nifty is on the bearish side and holding at key support. The next key support could be 23,500. Last week's bearish candle somewhat engulfed the previous bullish candle, confirming the downtrend.
The rest of the other Indices are also looking at a downward trend with a few exceptions like IT, Pharma & Metal, which have made a double top pattern for a trend reversal.
