INDUSINDBK LevelsAs of January 5, 2025, IndusInd Bank Limited (INDUSINDBK) is trading at ₹970.15. Key support and resistance levels are as follows:
Immediate Support Levels:
₹930.73
₹952.32
₹956.88
₹964.72
₹980.08
Immediate Resistance Levels:
₹973.58
₹969.28
₹977.12
₹1009.28
₹1031.08
These levels are derived from various technical analyses, including pivot points and moving averages, and are crucial for traders and investors to monitor for potential price movements.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or conduct further research before making investment decision
Trade
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Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
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The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows all call and put options that are available against a specific underlying.
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.
The average directional index (ADX) is a technical analysis indicator used by some traders to determine the strength of a trend.
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Some traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and there's often a lot of trading between 9:30 a.m. and 10 a.m. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour.
HINDUNILVR levelsAs of January 2, 2025, Hindustan Unilever Limited (HINDUNILVR) closed at ₹2,322.10 on the National Stock Exchange (NSE).
In the daily time frame, the stock exhibits the following support and resistance levels:
Support Levels:
Immediate Support: ₹2,312.73
Short-Term Support: ₹2,330.45
Medium-Term Support: ₹2,290.90
Long-Term Support: ₹2,266.30
Resistance Levels:
Immediate Resistance: ₹2,329.63
Short-Term Resistance: ₹2,355.05
Medium-Term Resistance: ₹2,394.60
Long-Term Resistance: ₹2,419.20
These levels are derived from technical analysis tools such as pivot points and moving averages.
It's important to note that the stock has been trading below key moving averages, indicating potential bearish momentum.
Investors should monitor these support and resistance levels closely, as they can provide insights into potential entry and exit points.
Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Please consult with a financial advisor before making any investment decisions.
State Bank of India view for Intraday #SBINState Bank of India view for Intraday #SBIN
Buying may witness above 804
Support area 794. Below ignoring buying momentum for intraday
Selling may witness below 794
Resistance area 800-804Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
TATACONSUM LevelAs of January 2, 2025, Tata Consumer Products Limited (TATACONSUM) closed at ₹929.65 on the National Stock Exchange (NSE), marking a 1.02% increase from the previous day.
In the daily time frame, the stock has been exhibiting a sideways movement, with no definitive momentum.
Analysts have identified a potential cup and handle pattern forming on the daily chart, suggesting a bullish continuation if the stock breaks above the ₹1,250 resistance level.
Key support levels are observed at ₹1,063 and ₹1,017, while resistance is noted near ₹1,250.
The stock's all-time high was ₹1,253.70 on March 11, 2024, and its all-time low was ₹42.80 on November 25, 2008.
Given the current technical indicators and chart patterns, monitoring the stock's movement around the ₹1,250 resistance level is crucial for potential bullish opportunities.
However, the sideways movement suggests caution, and investors should consider these factors alongside their risk tolerance and investment strategy.
Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Please consult with a financial advisor before making any investment decisions.
Investment Stock Analysis: #HEROMOTOCO
Investment Stock Analysis: #HEROMOTOCO
CMP: 4311.50
Sector: Two Wheeler Automotive Segment
Technical Analysis:
After Making The High Price Of 6246
Stock Has Made A Massive Correction Of 33%
Touch The Bottom Levels Of Price 4130
This Area Is To Be Considered As The Strong Support Zone For The Stock
Buy Levels Are 4322 To 4146
Expected Target Levels Are 4450 Levels
Stoploss Levels Are 4130 Levels
Analysis Shared Here Only For Educational Purposes Im Not Responsible For Any Financial Loss
#TATAMOTORS, Positional Trade Duration: 2-3 months
#TATAMOTORS, Positional Trade Duration: 2-3 months
Entry: 760-780
Targets: 946, 1042, 1165
Buy on Dips till 720
Reversal from support with strong volume.
Institutions expecting a strong earning in Feb and Dec sales have been good.
No buy or sell recommendation.
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
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.
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,