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GILLETTE INDIA LTD - Short to Long Term Positional Trading setupHello everyone, today i have brough a trading idea on GILLETTE INDIA LTD. And it is showing a promising setup for both short-term and long-term positional traders. The stock has recently broken out from a resistance zone , and the huge volume spike confirms the strength of this move. After breaking the resistance, the stock retested the breakout zone and found support, and is now poised for further upside. The ideal entry point is between 8,400 - 8,200 , as the stock has established a solid base in this area. The first target is 10,163 , followed by the second target at 11,778 . For long-term traders, the final target is 13,685 . A stop loss should be placed just below the breakout zone, around 8,000 , to protect against any adverse moves. This setup offers a great opportunity for traders looking for a strong bullish trend with clear targets. The breakout, coupled with the retest and volume confirmation, gives confidence that the stock could achieve these targets in the coming months. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:GILLETTELong
by TraderRahulPal
Finance Sector Leader on Breakout with Huge Volume--What’s Next?Hey Traders! Hope you're all doing great! There’s an exciting trading idea setting up with Bajaj Finance , and I couldn’t wait to share it with you. The stock is forming a classic Ascending Triangle Pattern , and based on this setup, we're expecting a nice breakout soon. Let’s break it down. Technical Analysis: Ascending Triangle Pattern The Ascending Triangle is a bullish continuation pattern that indicates strong buyer interest and a potential breakout. Bajaj Finance has formed a clear ascending triangle , with a horizontal resistance at the top and an upward-sloping support line at the bottom. The price has been making higher lows, showing that buyers are gradually gaining strength, while sellers are being squeezed at the resistance level. Bajaj Finance continues to be one of India’s leading financial services companies , delivering consistent growth in revenue and profitability. Here's a quick look at the key financials from the December 2024 , September 2024 , and December 2023 quarters: Sales : Dec 2024 : ₹18,035 crore ( YoY Growth: 27% ) Sep 2024 : ₹17,091 crore Dec 2023 : ₹14,164 crore EBIDT : Dec 2024 : ₹12,344 crore ( YoY Growth: 24% ) Sep 2024 : ₹11,753 crore Dec 2023 : ₹9,934 crore Net Profit : Dec 2024 : ₹4,308 crore ( YoY Growth: 17% ) Sep 2024 : ₹4,014 crore Dec 2023 : ₹3,639 crore Earnings Per Share (EPS) : Dec 2024 : ₹68.60 ( YoY Growth: 17% ) Sep 2024 : ₹64.62 Dec 2023 : ₹58.88 These solid figures show Bajaj Finance’s strength and its growth trajectory across key financial metrics. I feel that fundamentally , Bajaj Finance is strong with 27% YoY sales growth and 17% YoY net profit growth , and technically , the Ascending Triangle Pattern on the chart shows a potential breakout, indicating the stock is ready for a big move in the coming months. Disclaimer: This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:BAJFINANCELong
by TraderRahulPal
2
Double Bottom Alert: NIFTY 50’s Turning Point? The NIFTY 50 is approaching a crucial technical zone, hinting at a potential reversal with a double bottom formation in play. Will the bulls seize this opportunity to rally, or will the bears maintain their grip? Key Points: 1. Resistance Zones: - 23,758.05 - 23,647.05 - 23,570.60 - 23,458.50 2. Support Levels: - 23,268.75 - 23,153.60 - 23,037.15 3. Current Setup: The NIFTY 50 is hovering near a critical double bottom area, a historically strong reversal pattern if validated. The price action suggests a cautious optimism, with significant resistance levels overhead. A breach of these levels could signal a breakout, while a failure to hold support may lead to further downside. How to Trade This: - Bullish Strategy: Enter long above 23,458.50, targeting 23,647.05 and 23,758.05. Use 23,268.75 as a stop-loss. - Bearish Strategy: Enter short below 23,153.60, aiming for 23,037.15 and 22,900. Place a stop-loss above 23,268.75. Bottom Line: The double bottom pattern indicates a potential turning point for NIFTY 50. However, confirmation of a breakout above resistance is key for bullish momentum. Watch the support zone closely for invalidation signals. NSE:NIFTY Only for educational purposes. This content is not a recommendation to buy and sell. Not SEBI REGISTRAR.
NSE:NIFTY
by thetradeforecast
SP500#1: HOW DOES NONFARM AFFECT SP500?🔎 1/ Fundamental Analysis 🟥 Political tensions: • The US increases pressure on Russia through energy sanctions. This could lead to trade retaliation, negatively affecting the economy. 🟥 Interest rate policy: • Interest rates are likely to remain unchanged until June, limiting the amount of money injected into the market – causing concern. 🟥 CPI data next week: • Inflation is the biggest determinant of interest rate policy. Forecasts show that inflation is likely to increase again, continuing to put pressure on the market. 💡 Basic conclusion: The market faces a less optimistic sentiment due to increasing economic and political risks. 📊 2/ Technical Analysis 🔵 W (Weekly) Frame: • This week closed with a long-tailed, long-bodied candle – a strong bearish sign. 🔵 D (Daily) Frame: • The bearish structure was confirmed after Friday's trading session. 🔵 H1 (Hourly) Frame: • The bearish price structure is clear: consecutive lower highs, the support trendline is broken. 💡 Summary: All three timeframes are supporting the downtrend. 📈 3/ Trading Plan 🟢 Correction strategy: • Support zone: 5676~5750. 👉 Wait for price reaction at this zone to find an opportunity to enter the order. ⚠️ Note: The weekly candle closes badly, profit expectations should not be too high. Do not rush to catch the bottom! 🔴 Trade in the direction of the trend: Resistance zone: 5890~5915. 👉 Plan: Wait for the price to react at the resistance zone to enter a sell order in the direction of the trend. 🎯 Profit target: 5680 - strong support zone. ❓ Which side are you on - BULL or BEAR? 💬 Leave a comment to discuss and exchange!
FX:SPX500
by TonyL0ng
Oil India Bullish Breakout with Strong Technical and FundamentalHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought the daily chart of Oil India Ltd, which looks very promising with a solid mix of technical and fundamental strength. Let me break it down for you guy's: Technical Analysis Trendline Analysis: The stock has been respecting a long-term upward support trendline, bouncing off it multiple times (marked with green circles). This shows strong buyer interest and confidence, especially from institutional players. The recent breakout from the falling resistance trendline is a game-changer, signaling the start of a bullish phase. Breakout Confirmation: What makes this breakout special is the retest near the best entry zone (₹492–480), which adds reliability to the move. The bullish candlestick pattern near the support further strengthens this setup. Volume Analysis: Volume is the backbone of every breakout, and here it hasn’t disappointed. A significant volume spike during the breakout shows strong buying interest. Historical volume patterns also show increased activity near critical levels, indicating accumulation by smart money. Key Levels: Immediate Support: ₹438 Immediate Resistance: ₹533 Targets: 1st Target: ₹533 2nd Target: ₹587 3rd Target: ₹630 Long-Term Target: ₹911 Stop Loss: Short-term: ₹438 Long-term: ₹362 Indicators: RSI: Recovering beautifully from oversold levels and showing bullish divergence—this is a good sign of momentum shifting upward. MACD: Crossed above the signal line, further confirming the bullish momentum. Moving Averages: The stock has climbed above key short-term EMAs (e.g., 21-day), giving more confidence in the uptrend continuation( Note:- I have not placed any 21 day ema line to keep chart clean, but i have done analysis for this . ) Fundamental Analysis Industry Overview: The energy sector is buzzing, with rising energy demand and stable crude oil prices driving growth. Oil India, being a leading exploration and production player, is well-positioned to ride this wave. Revenue & Profitability: The company has shown strong revenue growth, benefiting from the favorable pricing environment. Their solid net profit margins highlight operational efficiency, which is always a big plus. Dividend Yield: Oil India is known for consistently rewarding its investors with a great dividend yield, making it a go-to stock for long-term portfolios. Debt Levels: A healthy balance sheet with manageable debt is another feather in their cap, ensuring they can weather market volatility. Future Prospects: With expansion in exploration projects and increased production capacity, Oil India is set up for solid growth. Government policies supporting domestic energy production act as an added tailwind for the company. Oil India Ltd is shaping up to be a great opportunity for both short-term traders and long-term investors: Technically, the breakout from the falling resistance trendline, supported by volume and strong indicators, sets the stage for further upside. Fundamentally, the company’s financial health, growth prospects, and attractive dividend yield make it a solid long-term bet. If the stock sustains above ₹533, we could see strong momentum toward higher targets. For long-term investors, any dips toward the ₹480–492 range may be a good chance to accumulate. Disclaimer: This post is for educational purposes and not financial advice. Always do your research and manage your risk. Don’t forget to like and follow for more trading ideas like this. Check out my profile @TraderRahulPal for other detailed insights into technical and fundamental setups. Let’s grow together!
NSE:OILLong
by TraderRahulPal
2
NIFTY BANK: Will It Bounce Back or Continue Falling? NIFTY BANK remains trapped in a falling channel, with key support and resistance levels coming into play. As the price consolidates, traders are watching closely for signs of a breakout or further downside movement. Key Points: 1. Resistance Zones: - 50,926.75 - 50,689.45 - 50,444.40 - 50,204.15 2. Support Levels: - 49,957.80 - 49,721.60 - 49,473.10 - 49,259.55 3. Current Setup: - NIFTY BANK is trading within a falling channel, indicating bearish momentum. - The recent bounce from the lower support zone suggests possible short-term recovery, but resistance levels overhead could limit upside moves. - Key Fibonacci retracement levels align with the channel's resistance, adding weight to the potential breakout or rejection. How to Trade This: - Bullish Strategy: - Look for a breakout above 50,204.15 with strong volume. - Targets: 50,444.40 and 50,689.45. - Stop Loss: Below 49,957.80. - Bearish Strategy: - If the price fails to sustain above 49,957.80, consider short positions. - Targets: 49,721.60 and 49,473.10. - Stop Loss: Above 50,204.15. Bottom Line: NIFTY BANK is at a critical juncture, with the potential for either a breakout to the upside or a continuation of the downtrend. Keep an eye on key levels and trade with caution, as the next move could be decisive! NSE:BANKNIFTY Only for educational purposes. This content is not a recommendation to buy and sell. Not SEBI REGISTRAR.
NSE:BANKNIFTY
by thetradeforecast
3
EURUSD potetial BUY opportunityClosing price currently trade at 1.07978 a buy opportunity is envisaged from the current market price as we may continue to see price go up. Our Buy target TP1 is 1.08971 , TP2 is 1.09947. stop loss at 1.07714. we can see a 50% retracement may come in upcoming days and now again after touching a long waited order block as mention in chart. It's a good 1:72 RR trade. I hope you will like my explanation. it's just my analysis and you guys trade after your analysis.
Long
by gaurgovindsingh_
Bank Nifty ( Long Term forecast)Hi Everyone this is an long term forecast which is an direction movement for the next 6 month of Bank Nifity. These forecast will be updated once every month. Thank You Coding Details ## L stand for long Term Trend ## LA stand for correction cycle of long term trend ## M stand for Medium Term Trend ## MA stand for correction cycle of Medium term trend ## s stand for Short Term Trend ## SA stand for correction cycle of short term trend ______________________________________________ ___________ Medium & Short Term Forecast # This forecast will be updated once a week and there will be an weekly analysis video for bank nifty.
NSE:BANKNIFTY
by Neowave-forecast
2
Best risk and reward Swing Trade Idea, in Vodaphone Idea.Hello Everyone i hope you all will be doing good in your life and your trading as well,,i have brought an idea on Vodaphone idea,, if you will see chart on 1day, you will see recently stock has taken support on upward support trendline and price is sustaining above with good volume spike..Delivery volume also seen on higher side since some days. Means positional and swing trader are making position..I am expecting this should go above 25++ in coming some months.. But this is purely trading idea for short term to medium term. Take as swing and positional trade and wait for the targets. I am really not fully satisfied with current Fundamental analysis..so follow proper stop loss in it. ABOUT:- Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards. Business Areas:- The company's business services include voice business/ services, broadband services, content services, enterprise services and other VAS offerings like entertainment, SMS, Utility, etc. Market Share:- Presently, the company has a market share of ~27% and revenue share of ~24% in the telecom market in India. The company has a leadership position in Kerala and Mumbai circles with market share of 46% and 30% respectively. Other dominant circles include Gujarat (36%), Maharashtra (32%), Haryana (29%), Kolkata (27%) and others. The market share fell from 40% to 27% since the merger of both Vodafone and Idea in 2018. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:IDEALong
by TraderRahulPal
Short Term Trading Idea in Redtape Ltd. for 25% UpsideHi, NSE:REDTAPE has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Weekly time frame. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:REDTAPELong
by raigvivek
Bank Nifty Update ( Long Term View)Hello Everyone Its been long since my last update, as in current chart i am only going to talk about long term view. I have been talking about up cycles since 23rd january 2023, you can see this in my below chart. Bank Nifty update on 23/01/2024 What now i expect market should move upward making blue degree which is called medium degree(m1 series). By combining this m series, our one long term degree wave-((3)) will completed. Thank You
NSE:BANKNIFTYLong
by Neowave-forecast
1
Short Term Trading Idea in Mahindra Life Space for > 10% UpsideHi, NSE:MAHLIFE has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:MAHLIFELong
by raigvivek
Bank Nifty (Neowave Update)I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas. Thank you _____________________________________________ Degree full forms- L1 stand for Long term wave 1 and so on M1 stand for Medium term wave 1 and so on S1 stand for short term wave 1 and so on _____________________________________________ Key Points- Stoploss- 44780 Use this as a stoploss for buying position. Target1 - 48100, Target-2 49086 ______________________________________________ Probablities- # we are currently in SC6 and with the SC7, our short cycles wave group should complete. With the completion of SC7 our wave-(B) will also be completed. See below chart Our previous Updates-
NSE:BANKNIFTY
by Neowave-forecast
2
HDFC Bank (Bearish Sequence)## We publish bearish sequence in hdfc bank & exactly it happen eventhough bank nifty is recovering but hdfc is not, you can see the chart below. ## Anyway HDFC bank is still developing M2 wave after which it will proceed for downward movement. ## Even though M3 failed but still Longterm wave is still bearish, so hdfc bank will fall again. _____________________________________________________________________________ Previous Long Term forecast ______________________________________________________________________________ Bank Nifty Medium Term Forecast _____________________________________________________________________________
NSE:HDFCBANKShort
by Neowave-forecast