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MACD part 2Moving average convergence/divergence (MACD) is a technical indicator to help investors identify price trends, measure trend momentum, and identify entry points for buying or selling. Moving average convergence/divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. MACD was developed in the 1970s by Gerald Appel, and is one of the most popular technical tools, readily available on most trading platforms offered by online stock brokers.
NSE:HALEducation
by SkyTradingZone
ITC LTD As of May 16, 2025, ITC Ltd. (NSE: ITC) is trading around ₹435.70. Analyzing the 4-hour timeframe, the following support and resistance levels have been identified based on various technical indicators: 📊 4-Hour Support & Resistance Levels Support Levels: S1: ₹433.28 S2: ₹430.67 S3: ₹429.18 Resistance Levels: R1: ₹437.38 R2: ₹438.87 R3: ₹441.48 These levels are derived from pivot point calculations and can serve as potential areas where the price might experience support or resistance. 🔍 Technical Indicators Overview Relative Strength Index (RSI): 58.98 – Indicates neutral momentum. Moving Average Convergence Divergence (MACD): 3.86 – Suggests mild bullish momentum. Average Directional Index (ADX): 17.89 – Points to a weak trend strength. Stochastic Oscillator: 51.37 – Reflects neutral conditions. Supertrend Indicator: ₹413.32 – Below current price, indicating a bullish signal. Parabolic SAR: ₹437.35 – Slightly above current price, suggesting potential resistance. 📈 Fibonacci Retracement Levels Considering the downtrend from ₹491.00 (Jan 3, 2025) to ₹390.15 (Apr 7, 2025), the key Fibonacci retracement levels are: 23.6%: ₹413.95 38.2%: ₹428.67 50%: ₹440.57 61.8%: ₹452.48 76.4%: ₹467.20 These levels can act as potential support or resistance zones as the price retraces its previous move. 🧠 Trading Insights The current price is approaching the R1 resistance level at ₹437.38. If the price breaks above this level with strong volume, it may test higher resistance levels. Conversely, if it fails to break through, it might retrace to the support levels mentioned above. Traders should monitor these levels closely and consider using stop-loss orders to manage risk.
NSE:ITC
by TechnicalExpress
REC LTDAs of May 16, 2025, REC Ltd. (NSE: RECLTD) demonstrated a positive movement on the daily chart, with the stock closing at ₹406.45, marking a 3.07% increase from the previous close of ₹394.35. The day's trading range spanned from a low of ₹395.10 to a high of ₹409.65, with a substantial trading volume of approximately 14.4 million shares, indicating heightened investor interest. 📈 Technical Indicators (Daily Timeframe) Relative Strength Index (RSI): 53.25 – Positioned in the neutral zone, suggesting neither overbought nor oversold conditions. Moving Average Convergence Divergence (MACD): 0.37 – A positive value indicating bullish momentum, albeit modest. Money Flow Index (MFI): 58.15 – Reflects moderate buying pressure, aligning with the day's positive price movement. Average Directional Index (ADX): 31.99 – Suggests a developing trend strength, which traders should monitor for potential continuation or reversal. Stochastic Oscillator (20,3): Approximately 55–80 – Indicates a bullish condition, but approaching overbought territory, warranting caution. Commodity Channel Index (CCI): Positive territory – Signifies that the stock is trading above its average price, supporting the bullish outlook. 📊 Pivot Points (Classic Method) Support Levels: S1: ₹380.68 S2: ₹371.87 S3: ₹358.68 Resistance Levels: R1: ₹402.68 R2: ₹415.87 R3: ₹424.68 The stock's closing price is above the first resistance level (R1), suggesting potential to test higher resistance levels if bullish momentum continues. 🔍 Trend Analysis Recent technical assessments indicate that REC Ltd. may be entering a critical phase. A head and shoulders pattern was identified on the daily chart, with a breakout observed on March 19, 2024. This pattern typically signals a potential reversal, and the breakout was accompanied by increased trading volume and a bearish signal on the MACD indicator. Currently, the RSI is at a low level, and sustained momentum from the breakout may lead to further downward movement. ⚠️ Investor Considerations Volatility: The stock has a beta of approximately 2.01, indicating higher volatility compared to the broader market. Valuation Metrics: P/E Ratio: 6.74 – Suggests the stock is trading at a relatively low multiple compared to the industry average. P/B Ratio: 1.35 – Indicates a reasonable valuation in terms of book value. Dividend Yield: 4.43% – Reflects a strong return to shareholders. 52-Week Range: ₹127.40 – ₹654.00 – The current price is significantly below the 52-week high, offering potential upside if the stock rebounds. 📌 Summary REC Ltd.'s recent price action and technical indicators suggest a cautiously optimistic outlook. While the stock has shown a positive movement, the presence of a head and shoulders pattern and other technical signals warrant careful monitoring. Investors should watch for confirmation of trend continuation or reversal, particularly around the identified support and resistance levels.
NSE:RECLTDLong
by TechnicalExpress
ADANI PORT & SEZ LTDAs of May 16, 2025, Adani Ports and Special Economic Zone Ltd. (NSE: ADANIPORTS) continues to exhibit a bullish trend on the monthly timeframe, supported by key technical indicators and significant price movements. 📊 Monthly Technical Overview Current Price: ₹1,407.40 1-Month Gain: +16.31% 52-Week Range: ₹703.00 – ₹1,621.40 All-Time High: ₹1,621.40 (June 3, 2024) 📈 Key Technical Indicators Relative Strength Index (RSI): 68.19 – Approaching overbought territory, indicating strong buying momentum. MACD: +6.97 – Positive value suggests bullish momentum. Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback. Commodity Channel Index (CCI): 252.86 – Indicates the stock is overbought. Williams %R: -19.29 – Also suggests overbought conditions. Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established. 🧮 Moving Averages 10-Day EMA: ₹235.52 20-Day EMA: ₹229.64 50-Day EMA: ₹220.86 100-Day EMA: ₹222.11 200-Day EMA: ₹244.28 The current price is trading well above all key EMAs, reinforcing the bullish outlook. 📌 Pivot Points (Classic Method) Support Levels: S1: ₹239.67 S2: ₹233.63 S3: ₹229.72 Resistance Levels: R1: ₹249.62 R2: ₹253.53 R3: ₹259.57 The stock is nearing R1, and a breakout above this could lead to testing R2 and R3. 💡 Summary Adani Ports & SEZ Ltd. demonstrates strong bullish momentum on the monthly timeframe, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹1,407–₹1,621 range for potential resistance and watch for confirmation before making new entries.
NSE:ADANIPORTSLong
by TechnicalExpress
Bharat Heavy Electricals LtdAs of May 16, 2025, Bharat Heavy Electricals Ltd. (BHEL) exhibited a strong bullish trend on the daily chart, supported by various technical indicators. 📊 Daily Technical Overview Closing Price: ₹250.35 Day’s Range: ₹244.16 – ₹259.99 Volume: ~50.24 million shares, significantly higher than the 20-day average of ~12.66 million shares, indicating strong trading activity. 📈 Key Technical Indicators Relative Strength Index (RSI): 68.19 – Approaching overbought territory, suggesting strong buying momentum. MACD: 6.97 – Indicates bullish momentum. Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback. Commodity Channel Index (CCI): 252.86 – Suggests the stock is overbought. Williams %R: -19.29 – Also indicates overbought conditions. Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established. 🧭 Moving Averages Short-Term: 10-Day EMA: ₹235.52 20-Day EMA: ₹229.64 Medium-Term: 50-Day EMA: ₹220.86 100-Day EMA: ₹222.11 Long-Term: 200-Day EMA: ₹244.28 The current price is above all these moving averages, reinforcing the bullish outlook. TipRanks 🔍 Pivot Points (Classic Method) Support Levels: S1: ₹239.67 S2: ₹233.63 S3: ₹229.72 Resistance Levels: R1: ₹249.62 R2: ₹253.53 R3: ₹259.57 The stock is nearing R1, and a breakout above this could lead to testing R2 and R3. 📌 Summary BHEL's stock demonstrates strong bullish momentum, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹250–₹260 range for potential resistance and watch for confirmation before making new entries.
NSE:BHELLong
by TechnicalExpress
#NIFTY50 #NIFTYBANK#NIFTY50 #NIFTYBANK This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered. Indian Stock Market Outlook - Monday, May 19, 2025 Market Overview The Indian equity markets are poised for a cautious start to the week, following a volatile session on Friday, May 16, where the Nifty 50 closed at 25,019.8 and the Bank Nifty at 55,354.9. The recent rally has been underpinned by easing geopolitical tensions, notably the India-Pakistan ceasefire, and renewed Foreign Institutional Investor (FII) interest. However, profit-booking at higher levels and global uncertainties may temper bullish sentiments. Global & Domestic Factors Influencing the Market India-Pakistan Ceasefire: The ceasefire agreement effective from May 10 has alleviated immediate geopolitical concerns, potentially supporting market stability. FIl Activity: Renewed FII inflows have been observed, driven by easing global tensions and attractive valuations in Indian equities. India-US Trade Relations: Ongoing negotiations between India and the US aim to resolve tariff disputes, with potential implications for sectors like pharmaceuticals and automotive. US Economic Indicators: Recent US jobless claims and PMI data will be closely watched for cues on global economic health and potential impacts on emerging markets. Q4 Earnings Season: Corporate earnings announcements will continue to influence stock-specific movements and sectoral trends. Fundamental Analysis Valuation Metrics: The Nifty 50's Price-to-Earnings (P/E) ratio remains elevated, suggesting cautious optimism among investors. Sectoral Performance: Banking and Financial Services have shown resilience, while Information Technology and Metal sectors may face headwinds due to global factors. Currency Fluctuations: The INR's performance against the USD will be critical, especially in light of recent US credit rating concerns. ✰ Stocks in Focus 1. IRFC (Indian Railway Finance Corporation): Anticipated to benefit from increased infrastructure spending and government initiatives in the railway sector. 2. SJVN (Satluj Jal Vidyut Nigam): Positive outlook due to its involvement in renewable energy projects and recent capacity expansions. 3. NBCC (India) Limited: Expected to gain from government contracts and urban development projects. 4. Yes Bank: Recent quarterly results indicate a significant improvement in profitability, suggesting a potential turnaround. 5. Tata Elxsi: Despite a dip in net profit, the company's focus on design and technology services positions it well for future growth. 6. Mastek: While facing short-term challenges, its strategic acquisitions and digital transformation services offer long-term potential. 7. State Bank of India (SBI): Continues to demonstrate strength in asset quality and credit growth, reinforcing its leadership in the banking sector. 8. LTIMindtree: Upcoming ex-dividend date and consistent performance in IT services make it a stock to watch. 9. Page Industries: Investor interest may be piqued due to its impending ex-dividend date and strong brand presence in the apparel sector. 10. Havells India: Focus on consumer electricals and expansion into new markets could drive future earnings. Strategic Considerations for Traders Risk Management: Given the current market volatility, implementing strict stop- loss orders is advisable. Sector Rotation: Monitor shifts in sectoral leadership, particularly between defensives like FMCG and cyclicals like infrastructure. Global Cues: Stay attuned to international developments, especially US economic data and geopolitical events, which could impact market sentiment. *Note: This analysis is based on information available as of May 19, 2025, and is intended for informational purposes only. Investors should conduct their own research or consult financial advisors before making investment decisions.*
NSE:BANKNIFTYLong
by TechnicalExpress
GO FASHION INDIA LTDGo Fashion (India) Ltd., operating under the brand name Go Colors, is a prominent Indian apparel company specializing in women's bottom-wear. Established in 2010 and headquartered in Chennai, Tamil Nadu, the company has carved a niche in the fashion industry by focusing exclusively on this segment. #GOCOLORS DAY CHART - Rocket Base Structure is Forming✔ A Big Rise after TL breakout on an amazing volume Blast ✶ The Recent consolidation breakout can trigger 2nd up leg. Holds 8% Market share in Branded Women's Bottom wear and Pilot Everyday wear in 15 stores. Above - 892 Stop - 865 Tgt 920,1000,1115 Keep learning happy trading
NSE:GOCOLORSLong
by TechnicalExpress
SUZLON ENERGY LTDSUZLON This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered. Entry: Above 61.2 on monthly breakout. Target: 61.5-65.45-70.20-72.25-82.35-86.4 If closed above 87 on monthly candle can touch 90-100 Stoploss: 58 Suzlon Energy Limited, a prominent player in India's renewable energy sector, has demonstrated significant operational progress in recent quarters. However, certain financial metrics and market dynamics warrant a cautious approach. Financial Performance Overview Revenue and Profitability: In Q3 FY25, Suzlon reported a revenue of ₹2,969 crore, marking a 91% increase year-over-year. EBITDA more than doubled to ₹500 crore, with an EBITDA margin of 16.8%. Despite this quarterly growth, the FY24 annual report indicates a 77.1% decline in net profit year-over-year, with net profit margins decreasing from 48.4% in FY23 to 10.1% in FY24. Balance Sheet and Debt Position: Suzlon has made strides in deleveraging, with total liabilities decreasing by 26.34% to ₹32.59 billion in 2024. Cash and short-term investments increased by 18.48% to 4.35 billion. The debt-to-equity ratio stands at a conservative 0.06, indicating a strong balance sheet position. Return Metrics: Return on Capital Employed (ROCE) is reported at 24%, surpassing the industry average of 18%. Return on Equity (ROE) is projected to improve to 28.6% by FY27. Operational Highlights Order Book and Capacity Expansion: As of May 2024, Suzlon's order book expanded to 3.3 GW, a significant increase from 652 MW in FY23. Notable contracts include a 402 MW project with Juniper Green Energy and a 551.25 MW project for the Aditya Birla Group. Technological Advancements: The $144 wind turbine, with a hub height of 160 meters, is India's tallest and delivers 40-43% higher generation than previous models. ▲ Risks and Considerations Valuation Concerns: The stock's P/E ratio stands at 64.94, which is higher than industry peers like Vestas (25.3) and Siemens Gamesa (18.7), suggesting potential overvaluation. Market Volatility: The stock experienced a 40% decline from its 52-week high, attributed to market- wide corrections and profit-booking after a substantial rally. Corporate Governance: The resignation of a key managerial person and warnings from NSE and BSE over regulatory non-compliance have raised concerns about corporate governance. Insider Activity and Market Sentiment There is no publicly available information confirming insider trading or undisclosed material events related to Suzlon Energy. However, the company's recent performance and strategic initiatives have garnered positive attention from investors and analysts. Conclusion Suzlon Energy exhibits strong operational momentum, a robust order book, and technological innovation in the renewable energy sector. While financial metrics show improvement, valuation concerns and corporate governance issues necessitate a cautious investment approach. Investors should monitor the company's execution of its order book, adherence to regulatory norms, and market dynamics closely.
NSE:SUZLONLong
by TechnicalExpress
PARAS DEF AND SPCE TECH LAs of May 16, 2025, Paras Defence and Space Technologies Ltd (NSE: PARAS) experienced a significant surge in its stock price. 📈 1-Day Stock Performance (May 16, 2025) Closing Price: ₹1,799.50 Price Change: +₹285.00 (+18.82%) Day’s Range: ₹1,515.30 – ₹1,817.40 Volume: Approximately 7.7 million shares traded 📊 Recent Performance Overview 1-Week Gain: +32.39% 1-Month Gain: +73.35% Year-to-Date (YTD) Return: +63.05% 📰 Key Developments Stock Split Announcement: The company declared a 1:2 stock split, enhancing liquidity and making shares more affordable for investors. Strong Q1 Financials: Paras Defence reported a 97% year-over-year increase in net profit for Q1 FY25, indicating robust operational performance. Sectoral Momentum: The defense sector has been on an upswing, with Paras Defence among the leading gainers amid a broader rally in defense stocks.
NSE:PARASLong
by TechnicalExpress
TATA POWER CO.LTDAs of May 16, 2025, Tata Power Co. Ltd. (NSE: TATAPOWER) closed at ₹405.80, marking a 1.97% increase for the day. 📊 45-Minute Timeframe Technical Analysis Analyzing the 45-minute chart provides insights into the stock's short-term movements. 📈 Moving Averages 50 EMA: ₹350.38 200 EMA: ₹355.60 Signal: The 50 EMA is below the 200 EMA, indicating a mild bearish trend. 📈 Simple Moving Averages (SMA) 15 SMA: ₹358.10 50 SMA: ₹344.82 Signal: The 15 SMA is above the 50 SMA, suggesting a mild bullish trend. 🔍 Summary Current Price: ₹405.80 Short-Term Trend: Mixed signals with a mild bearish indication from EMA crossover and a mild bullish indication from SMA crossover.
NSE:TATAPOWERShort
by TechnicalExpress
SWAN ENERGY LTDAs of the close on May 16, 2025, Swan Energy Ltd. (NSE: SWANENERGY) ended the trading day at ₹455.00. Based on daily technical analysis and pivot point calculations, here are the key support and resistance levels to consider: 📊 Daily Support & Resistance Levels Standard Pivot Points: Support Levels: S1: ₹451.15 S2: ₹440.95 S3: ₹426.35 Resistance Levels: R1: ₹475.95 R2: ₹490.55 R3: ₹500.75 Pivot Point: ₹465.75 Fibonacci Retracement Levels (from recent downtrend): Support Levels: 23.6%: ₹391.87 38.2%: ₹410.22 50%: ₹425.05 61.8%: ₹439.88 76.4%: ₹458.23 Resistance Levels: 23.6%: ₹425.88 38.2%: ₹407.53 50%: ₹392.70 61.8%: ₹377.87 76.4%: ₹359.52 Accumulated Volume Support & Resistance: Support Levels: S1: ₹442.45 S2: ₹434.55 S3: ₹430.25 Resistance Level: R1: ₹472.85 📈 Technical Indicators Overview Relative Strength Index (RSI): 72.385 (indicates overbought conditions) MACD: 7.690 (suggests bullish momentum) 5-Day Moving Average: ₹448.94 50-Day Moving Average: ₹424.67 These indicators suggest that while the stock is currently experiencing bullish momentum, the RSI indicates it may be overbought, which could lead to a short-term pullback. 🔍 Trading Insights The immediate support level at ₹442.45 is crucial; a break below this could signal further downside. On the upside, resistance at ₹472.85 is significant; a break above this could indicate continued bullish momentum. Given the current RSI and MACD readings, traders should exercise caution and monitor for potential reversals or consolidations.
NSE:SWANCORPLong
by TechnicalExpress
NIFTY BANK INDEX //4hour Support and ResistanceAs of May 17, 2025, here are the key 4-hour support and resistance levels for the Nifty Bank Index (BANKNIFTY), based on recent technical analyses: 📊 4-Hour Support & Resistance Levels Support Levels: S1: 54,200 S2: 53,800 S3: 53,600 Resistance Levels: R1: 54,900 R2: 55,200 R3: 55,600 These levels are derived from recent price actions and technical indicators, indicating potential zones where the index might find buying or selling pressure. 📈 Exponential Moving Averages (EMA) on 4-Hour Chart EMA 50: 54,750 EMA 100: 54,400 EMA 200: 54,000 EMA 400: 53,600 These EMAs can act as dynamic support or resistance levels, providing insights into the index's short to medium-term trend. 🔍 Technical Outlook Trend: The 4-hour timeframe indicates a bullish trend, with the index trading above key EMAs. Momentum Indicators: Indicators such as RSI and MACD suggest positive momentum, supporting the bullish outlook. Price Action: The index has recently bounced from the 54,500 support zone, indicating buying interest at lower levels. 📌 Summary Immediate Support: 54,200 Immediate Resistance: 54,900 Trend: Bullish on 4-hour timeframe Traders should monitor these levels closely, as a break above resistance could signal further upside, while a drop below support might indicate a potential reversal or consolidation. If you need more detailed analysis or information on specific indicators, feel free to ask!
NSE:BANKNIFTY
by TechnicalExpress
HERO MOTOCORP LTDAs of the week ending May 16, 2025, Hero MotoCorp Ltd. (NSE: HEROMOTOCO) closed at ₹3,853.90. Based on weekly technical analysis, here are the key support and resistance levels to consider for the upcoming week (May 19–23, 2025): 📊 Weekly Support & Resistance Levels Support Levels: S1: ₹3,756.60 S2: ₹3,659.30 S3: ₹3,583.60 Resistance Levels: R1: ₹3,929.60 R2: ₹4,005.30 R3: ₹4,102.60 These levels are derived from standard pivot point calculations and can serve as potential zones where the stock might experience buying or selling pressure. 🔍 Technical Outlook Immediate Support: A close below ₹3,756.60 may indicate further downside potential, with the next support at ₹3,659.30. Immediate Resistance: A close above ₹3,929.60 could signal bullish momentum, targeting ₹4,005.30 and ₹4,102.60 subsequently. Traders should monitor these levels closely, as breaches can indicate potential trend reversals or continuations.
NSE:HEROMOTOCOLong
by TechnicalExpress
SUN PHARMACUETICAL IND LTDSUN PHARMACEUTICAL IND L SUNPHARMA THR SWING TRADE - EARN WITH ME DAILY 10K-20K - SUNPHARMA Looking good for upside.. When it break level 1744 and sustain.. it will go upside... BUY@ 1744 Target 1st 1760 2nd 1781 FNO SUNPHARMA MAY FUT - LOT 9 (Qty-3150) SUNPHARMA MAY 1740 CE - LOT 9 (Qty-3150) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert..
NSE:SUNPHARMAShort
by TechnicalExpress
MAZAGON DOCK SHIPBULL LTDMAZAGON DOCK SHIPBUIL LTD Technical Analysis & Breakout Insights Mazagon Dock Shipbuilders Ltd. - Technical Analysis & Breakout Insights Date: May 16, 2025 Exchange: NSE Current Market Price (CMP): 3,522.40 % Change: +10.68% | Volume: 16.56M Price Action Summary Mazagon Dock witnessed a powerful bullish rally with a close near the day's high, registering a 10.68% gain on extremely high volume. This signals a high-conviction breakout above previous resistances, with the stock clocking a fresh 52-week high and exhibiting signs of strong institutional participation. Chart Pattern & Indicator Insights 20-Day Volume Breakout: Volume (16.56M) > 2x 20-day avg (6.7M) - strong accumulation. 52-Week High: Breaks annual high - bullish continuation signal. Multi-Breakout Confluence: RSI, Bollinger Band breakout & BB squeeze-off- confirms explosive momentum. Strong Bullish Candle: Big green candle closing near high - aggressive buying, minimal profit booking. Bullish Momentum Cluster Strong bullish momentum with RSI breakout Swing trade candidate with intraday & short-term potential Bollinger Band breakout + BB squeeze-off Ideal for buy today, sell tomorrow setup High probability trend continuation Resistance and Support Levels Resistance Levels: 3,671.60 - Immediate breakout level; crossing this may trigger fresh long entries. 3,820.80 - Next resistance based on measured move projections. 4,063.60 - Longer-term resistance and potential swing target. Support Levels: 3,279.60 - Nearest support post breakout; may act as a pullback zone. 3,036.80 - Stronger support from the previous consolidation base. 2,887.60 - Critical demand zone in case of deeper pullbacks. Educational Insights: How to Trade Mazagon Dock Between July 2023 and March 2025, the stock was in a descending triangle or a contracting range, forming lower highs (red descending trendline) and finding support around 1920 levels (horizontal red line). This shows accumulation or consolidation after a strong uptrend. Inside the range, a W-shaped structure (marked in blue) is visible. This is often a bullish reversal pattern, especially when it breaks out with strong volume, which happened around March-April 2025. A decisive breakout above the descending resistance trendline occurred with a spike in volume. Price has since rallied from around 3200 levels to the levels of 3500 (+10.68% today), indicating strong bullish momentum. Volume Analysis: Notice the huge green volume bar on the breakout day (May 16, 2025), indicating strong buying interest and institutional participation. Volume buildup had already started increasing in late April, supporting the breakout. Technical Observations: The stock shows signs of a strong uptrend following a breakout from a long-term consolidation zone. Based on previous price structure, the 2,600-2,400 range may act as a potential support area, where price had earlier faced resistance.
NSE:MAZDOCKLong
by TechnicalExpress
WIPRO LTD WIPRO LTD Wipro Stock Analysis - Rebounding with Strong Q4 Performance Technical Analysis: Building Momentum Towards New Highs Wipro's stock has demonstrated a significant uptrend since the COVID-19 lows in April 2020, surging from ₹100 to an all-time high of ₹360 by October 2021. Following this peak, the stock underwent a substantial correction, retracing nearly 50% to reach the *180 level. This zone has since acted as a robust support, with the stock forming a series of higher highs and higher lows-a classic bullish pattern. The recent Q4 FY25 results, announced on April 16, 2025, have further bolstered investor confidence, leading to a positive price movement. Currently trading around *250, the stock is poised to test higher resistance levels. Key Technical Levels: Support Zones: *180 (Major Support), *200, *225 Resistance Levels: *300 (Initial Target), *320 (Secondary Target), *360 (All-Time High) Investors should monitor these levels closely. A sustained move above ₹300 could signal a continuation of the bullish trend, while a breach below *180 may indicate further downside. Fundamental Analysis: Solid Q4 Performance with Strategic Wins Wipro's Q4 FY25 results reflect a strong financial performance, with notable improvements across key metrics: Q4 FY25 Key Financial Highlights: 22,319 Cr in Q3 FY24 and 22,208 Cr in Q4 FY24) Total Income: *22,504 Cr (vs Total Expenses: *17,880 Cr (vs 17,779 Cr in Q3 FY24 and 17,828 Cr in Q4 FY24) Total Operating Profits: *4,624 Cr (vs ₹4,540 Cr in Q3 FY24 and 4,380 Cr in Q4 FY24) Profit Before Tax: *4,743 Cr (vs 4,453 Cr in Q3 FY24 and ₹3,862 Cr in Q4 FY24) Profit After Tax: *3,588 Cr (vs ₹3,367 Cr in Q3 FY24 and Diluted Normalized EPS: *3.41 (vs 3.20 in Q3 FY24 and Additional Insights: 2,858 Cr in Q4 FY24) 2.71 in Q4 FY24) Net Profit Growth: Achieved a 26% YoY increase in net profit, indicating strong operational efficiency. Large Deal Wins: Secured $4 billion in deal wins during Q4, including a significant $650 million contract with Phoenix, showcasing robust client acquisition. Operating Margins: Expanded by 110 basis points YoY, reflecting effective cost management. Cash Flow: Generated net operating cash flow of nearly $2 billion for FY25, representing 128.3% of net income, underscoring financial stability. Despite the strong Q4 performance, Wipro has provided a cautious outlook for Q1 FY26, projecting a sequential revenue decline of 1.5% to 3.5%, attributed to macroeconomic uncertainties and client caution. Reuters Conclusion Wipro's robust Q4 FY25 results, marked by significant profit growth and strategic deal wins, have reinforced its market position. The stock's technical setup suggests potential for further upside, provided it maintains key support levels. However, investors should remain vigilant regarding the company's cautious Q1 FY26 outlook and monitor upcoming economic indicators that may impact client spending.
NSE:WIPROLong
by TechnicalExpress
PCR Trading Strategy The Put-Call Ratio (PCR) is a popular trading strategy that analyzes the ratio of put options to call options traded in the market, providing insights into market sentiment and potential price movements. It's a contrarian indicator, meaning that when the PCR is very high, it might suggest a bearish sentiment that could be followed by a price increase, and vice versa. Traders use the PCR to identify potential reversals and anticipate changes in market direction.
BSE:SENSEXEducation
by SkyTradingZone
14