Amber Enterprises Breaks Out from Double Bottom – Bullish ViewHello Everyone , i hope you all will be doing good in your life and your trading as well. Today i have brought a trading idea on the double bottom chart pattern. Stock name is Amber Enterprises. So let's start guy's
Amber Enterprises (NSE) has given a strong bullish breakout from a double bottom pattern on the daily chart, indicating a potential trend reversal . The breakout has been accompanied by strong volume , confirming buyers’ dominance at current levels. If the stock sustains above the entry zone of 6190-6135, it could gain further momentum towards the first target of 6663, followed by 7171, and a long-term target of 8094. A stop loss should be placed below 5473 to manage risk effectively. This setup presents a good risk-to-reward opportunity for swing traders, but proper risk management is crucial before entering the trade.
Fundamental Ratios
Market Cap
₹ 20,886 Cr.
Current Price
₹ 6,175
High / Low
₹ 8,177 / 2,991
Stock P/E
94.0
Book Value
₹ 624
Dividend Yield
0.00 %
ROCE
10.2 %
ROE
6.74 %
Face Value
₹ 10.0
Industry PE
42.4
Debt
₹ 2,032 Cr.
EPS
₹ 65.9
Promoter holding
39.7 %
Intrinsic Value
₹ 1,819
Return over 5years
33.5 %
Debt to equity
0.96
Net profit
₹ 232 Cr.
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Trend Analysis
NIFTY Levels for March 7, 2025
NIFTY Levels for Today
Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.
The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
BANKNIFTY Levels March 7, 2025
BANKNIFTY Levels for Today
Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.
The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
BANKNIFTY MATHEMATICAL LEVELSThese Levels are based on purely mathematical calculations.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
Gold Technical Outlook: Prepare for Dip Before the RipThe recent price action shows gold has rejected the R1 resistance level at 2,932.06 and appears to be forming a local top.
A correction appears likely, with potential downside targets at:
First support at P (2,882.39)
If broken, a deeper correction to S1 (2,808.47) or low is possible.
After this corrective phase completes, I anticipate a strong bullish resumption. The overall structure remains positive with:
Solid support at the Previous Weekly Low
Longer-term uptrend still intact (visible from early February pattern)
The Current Year Mid level providing fundamental support
Once the correction finds its bottom (likely near S1, we have to wait for confirmation), I expect a renewed push targeting previous highs and potentially establishing new ones above 2960
NIFTY MATHEMATICAL LEVELSThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
Bitcoin Mini Future Bearish Price ActionAfter the accelerated fall post breakdown of horizontal channel, the price dropped to fill the gap and bounced back.
The bounce took price back into the horizontal channel but the price slid out of it.
Then price dropped towards the gap and bouncing just above it.
The price tried to enter the horizontal channel but took resistance, further confirming bearish price action.
As it remains outside the channel, it seems bearish.
NIFTY BUY 22900!!!!!!You can see in the picture
Price is moving towards 22900 area which 50% fib retrace .
Price is looking bullish to reach that area.
I have taken the trade.
I place stoploss on 22246 if that area breaks then my trade is invalid so I am out .
But for now look for bullish 22900 area.
Learn to trade by yourself is better for you.
Leave a comment.
What is an Appropriate Tesla Discount? Multiple Timeframes!Hello Traders.. It's been too long.
We are back with our first analysis in over 4 months. We answer : What is an appropriate price to either jump on the train or scale into original positions on Tesla? Jumping in around 250, probably decent for at least a 4Hr to Daily Chart Swing. Safer Longs appear to be around 209 as I have outlined with green arrows, labeling the multiple pivots in the recent 5 Year range on Tesla. Tesla is coming down alongside the broader Indices which can be expected. Just because Friday Feb 28th showed us a Solid Hammer looking candle suggesting strong buying power, this does not mean much to me for 3 reasons.
1) This price action has developed in the middle of the move up we observed during Election week late last year.
2) The candle closed without a top wick and so the next daily candle , in theory, has no range to fill moving forward.
3) Momentum at the moment is also Bearish.
Discipline Traders! Leave a comment or Boosted rocket if you'd like to see similar analysis.
06 Mar 2025 - Superb 565pts recovery, stance neutral. 22519 SUPNifty Stance Neutral ➡
Friday 28th February, was amazing. We opened the day directly below two support levels 22519 and 22453. It was quite clear the direction was going to be downward as the momentum was in favor of the Bears. By Monday, the 3rd March, we broke the 22051 support as well. This was a likely outcome as discussed in the last week's analysis.
What was not in the cards was the recovery. I honestly did not think we could get a 565+ points recovery and scale back all 3 resistances - 22051, 22453, & 22529 respectively.
I would like to change the stance from bearish to neutral. We will go back to bearish if 22453 is broken again and go bullish if we get an hourly close above 22631.
Gold Faces Strong Resistance – Is a Drop Coming?Hello everyone , i hope you all will be doing good in your life and your trading as well. Let's discuss about Gold (XAU/USD) which is facing strong resistance at the upper boundary of a descending channel on the 1H timeframe, indicating a potential bearish move ahead. After multiple attempts to break above, the price has been rejected, signaling that sellers are stepping in at higher levels. If the price sustains below 2,905, we could see further downside towards 2,880, followed by 2,840, and eventually 2,813. The stop loss for this trade setup is placed at 2,935, above the recent resistance. Volume analysis also confirms selling pressure, adding conviction to the bearish outlook. If the price fails to hold support, this could lead to a deeper correction within the channel. Stay cautious and manage risk accordingly!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Big Move Ahead? Copper Futures Breakout Trade Setup!Hello everyone i hope you all will be doing good in your life and your trading as well. Today i have brought a Copper Futures (MCX, 1D) trading idea, earlier it has broken out of a Symmetrical Triangle Pattern , and given signal of a strong bullish move . after the breakout copper has given good move and finally trading above the all near term resitance zone like NECKLINE , Buyers are stepping in aggressively. If the price holds above the 895-880 zone, we could see a rally towards 913, 937, and even 986 in the coming sessions. But remember, risk management is key! A strict stop loss at 858 will help protect against any unexpected reversals. The structure looks solid, momentum is building up—now let’s see if the bulls take charge!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
Global Health Ltd (MEDANTA) Stock AnalysisGlobalTradeHub | Global Health Ltd (MEDANTA) Stock Analysis
Fundamental Analysis:
Global Health Ltd, operating under the Medanta brand, is a leading hospital chain in India. Strong revenue growth is driven by increasing healthcare demand, expansion plans, and high patient footfall. Risks include regulatory changes and rising operational costs.
Technical Analysis:
The stock is facing resistance near ₹880. A breakout could push it toward ₹920. Strong support is at ₹820, with further downside risk if breached. RSI around 60 suggests bullish momentum but nearing overbought levels.
Key Levels:
- Resistance: ₹880 / ₹920
- Support: ₹820 / ₹780
Conclusion:
Global Health has solid fundamentals and sector growth potential. A breakout above ₹880 could drive further upside, while dips to support zones may offer buying opportunities. 🏥📈
Nifty Trading Strategy for 07th March 2025📈 Nifty Intraday Trading Strategy 📉
🔹 Buy Setup ✅
Enter above the high of the 15-minute candle if it closes above 22,635
Targets: 🎯 22,680 | 🎯 22,725 | 🎯 22,785
🔹 Sell Setup ❌
Enter below the low of the 15-minute candle if it closes below 22,373
Targets: 🎯 22,301 | 🎯 22,245 | 🎯 22,200
⚠️ Disclaimer: This analysis is for educational and informational purposes only and should not be considered as financial or investment advice. Trading in the stock market involves significant risk, and past performance is not indicative of future results. Traders should conduct their own research and consult with a certified financial professional before making any trading decisions.
🚨 I am not SEBI registered. This is purely for learning purposes. Please trade responsibly and manage your risk effectively.
SnP 500When I said at the end of January 25..... that the Dow was in a HnS formation..... I had calculated the Retracement on the SnP as well. SnP hit a new high and that was just to take out all the shorts on the Futures, and since then it hasn't stopped. Just a reminder what what I had written and the retracement thereof
Gold Trading Strategy for 07th March 2025Gold Trading Strategy
Buy above the high of the 15-minute candle if it closes above 2928
Targets: 2938, 2948, 2958
Sell below the low of the 15-minute candle if it closes below 2890
Targets: 2881, 2870, 2854
Disclaimer: This analysis is for educational and informational purposes only and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any trading decisions.
HCL Technologies Ltd. (HCL Tech) Stock AnalysisGlobalTradeHub | HCL Technologies Ltd (HCLTECH) Stock Analysis
Fundamental Analysis:
HCL Technologies, a leading IT services firm, benefits from strong digital transformation demand, cloud services growth, and a solid order pipeline. Consistent revenue growth and high margins support stability. Key risks include global economic slowdowns and currency fluctuations.
Technical Analysis:
The stock is near resistance at ₹1,700. A breakout could push it toward ₹1,800. Strong support lies at ₹1,600, with further downside risk if breached. RSI around 60 indicates bullish momentum but not overbought yet.
Key Levels:
- Resistance: ₹1,700 / ₹1,800
- Support: ₹1,600 / ₹1,500
Conclusion:
HCL Tech remains a strong IT player with growth potential. A breakout above ₹1,700 could drive further upside, while support levels offer buying opportunities. 💻📈
Trading Tutorial: How to Identify & Trade a Bullish Reversal📚 Trading Tutorial: How to Identify & Trade a Bullish Reversal – Eicher Motors (EICHERMOT) Example 🚀
🔹 Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice. Stock market investments are subject to risk. Please consult a SEBI-registered financial advisor before making any trading decisions.
🔍 Step 1: Understanding Price Action
📊 Eicher Motors’ Market Movement on March 7, 2025
High: ₹5,107.10
Low: ₹4,995.60
Close: ₹5,094.40 (Higher than previous close of ₹4,988.30 ✅)
What does this indicate? Price closing higher may signal buying interest and potential continuation of an uptrend.
📌 Key Support & Resistance Levels
📍 Resistance Zones (where price may face selling pressure):
₹5,136 → ₹5,177 → ₹5,247
📍 Support Levels (where price may find buying interest):
₹5,024 → ₹4,954 → ₹4,913
🔍 Market Observation: If the price moves above ₹5,136 with strong volume, it could indicate further momentum. On the other hand, a move below ₹5,024 may suggest weakness.
📊 Step 2: Moving Averages – What Do They Indicate?
Moving averages help traders analyze trends:
✔ EMA 50 (₹4,993.31) – Price is above this level, indicating short-term strength ✅
✔ EMA 100 (₹4,946.79) – Price is above this level, supporting medium-term bullishness ✅
✔ EMA 200 (₹4,785.34) – Price is above this level, indicating a positive long-term trend ✅
💡 Key Insight: Many traders consider stocks trading above major EMAs as bullish, while those below could indicate weakness.
📈 Step 3: Volume – An Important Confirmation Tool
📊 Recent Volume Data:
Today’s Volume: 648,307 (Higher than the previous day’s 551,830 ✅)
🔹 Why is this important?
An increase in volume often suggests stronger market participation.
Traders often look for higher-than-average volume during breakouts to confirm reliability.
🔥 Step 4: Understanding the “Double Bottom” Pattern
A Double Bottom is a bullish reversal pattern that traders look for in technical analysis. It occurs when a stock tests a support level twice before moving upward.
Eicher Motors’ Double Bottom Formation:
1️⃣ The stock fell to ₹4,646 (First Bottom) – Buyers stepped in.
2️⃣ It dropped again to ₹4,755 (Second Bottom) – Buyers defended this level.
3️⃣ The price broke ₹5,075 (Neckline Breakout) – A key level that traders watch.
📌 Educational Note: Many traders wait for a neckline breakout with volume before considering this pattern confirmed.
🎯 Step 5: How Traders Approach This Trade
Traders use different strategies to enter a potential trade based on risk appetite. Here are three common approaches:
🔥 Approach 1: Early Entry (Higher Risk)
📍 Entry Consideration: ₹5,107.10
📍 Stop-Loss Consideration: ₹5,025
📍 Potential Target: ₹5,500+
💡 This approach is for traders who prefer early momentum but accept higher risk.
🐢 Approach 2: Confirmation Entry (Moderate Risk)
📍 Entry Consideration: ₹5,139.50
📍 Stop-Loss Consideration: ₹5,075
📍 Potential Target: ₹5,500+
💡 This approach is for traders who prefer waiting for more confirmation before entering.
🎯 Approach 3: Retest Entry (Lower Risk, Best Risk-Reward)
📍 Entry Consideration: ₹5,075 (if price retests breakout level)
📍 Stop-Loss Consideration: ₹4,950
📍 Potential Target: ₹5,500+
💡 Some traders wait for a pullback (retest of the neckline) for a better risk-to-reward ratio.
📌 Educational Note: No strategy is foolproof. Traders manage risk by using stop-loss orders and adjusting position sizes accordingly.
🚀 Step 6: Trade Management – A Smart Plan
Many traders scale into positions for flexibility:
✅ Partial Entry at ₹5,107.10 (to capture early momentum)
✅ Adding more at ₹5,075 (if price retests the breakout level)
✅ Final confirmation at ₹5,139.50 (if price shows strong upward momentum)
📌 Why this plan?
✔ Reduces risk by avoiding all-in positions.
✔ Provides better pricing if the breakout retests support.
✔ Allows traders to adapt based on price action.
⚡ Final Takeaways
📌 Observations from this Setup:
✅ Price is above key moving averages (bullish trend).
✅ Volume has increased, which is often seen as positive confirmation.
✅ Double Bottom Pattern – A reversal pattern that traders watch.
💡 Educational Insight: Some traders wait for higher-than-average volume on a breakout for better confirmation.
📚 Closing Thoughts – How to Use This Information
Remember: This analysis is for educational purposes only. Traders should:
✔ Conduct their own research before making any trading decisions.
✔ Use risk management techniques (like stop-losses).
✔ Consider consulting a SEBI-registered financial advisor for personalized guidance.
Would You Watch This Setup? Let’s Discuss!
🔹 What’s your preferred trading approach? Comment below! 👇
🔹 Follow for more technical analysis tutorials & market insights! 🚀
$AMD Ready to go bullish???Hello all,
NASDAQ:AMD looks like its gonna form a base around the 90-95 levels and would be soaring back in 3 digits soon.
As you can see the chart says the same on weekly but I am more inclined to check the monthly closing for NASDAQ:AMD in order to go buy this counter.
Let me know your thoughts on the same and its not a financial advice please consult before investing as we do not share profits so would not share the loss as well.