Biocon Higher Lows and Key Levels Broken.NSE:BIOCON today made higher Lows and Broke Out Key Levels, with RSI and MACD showing a Bullish Momentum, a Swing up to 400 Looks Good and Postionally 450.
📌Thank you for exploring my idea! I hope you found it valuable.
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✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Trend Analysis
Nifty View 17.1.25 Ke LiyeThe **Nifty 50**, also known simply as the **Nifty**, is the benchmark stock market index of the **National Stock Exchange of India (NSE)**. It represents the top 50 companies listed on the NSE, covering a wide range of sectors, and is one of the most widely followed equity indices in India.
### Key Points About Nifty 50:
1. **Composition**: The Nifty 50 comprises 50 large-cap companies, selected based on free-float market capitalization, representing diverse sectors of the Indian economy.
2. **Sectors**: The index includes sectors like information technology, financial services, energy, consumer goods, pharmaceuticals, and automobiles, among others.
3. **Market Representation**: The Nifty 50 accounts for approximately 65-70% of the total market capitalization of the NSE, making it a key indicator of the overall health of the Indian equity market.
4. **Base Year**: The index was launched in 1996, with a base value of 1,000 points, using 1995 as the base year.
5. **Calculation**: It is calculated using the free-float market capitalization methodology. The index is weighted by free-float market capitalization, where companies with larger market capitalizations have a higher weight.
6. **Importance**: The Nifty 50 is a key reference for investors, fund managers, and analysts. It serves as a benchmark for the performance of Indian equities and is widely used for index-based investing products such as ETFs and mutual funds.
7. **Global Recognition**: The Nifty 50 is also a globally recognized index, with international investors keeping a close watch on its performance, as it represents the growth and trends of the Indian economy.
### Example of Nifty 50 Constituents:
Some of the prominent companies included in the Nifty 50 index (as of the last update) are:
- **Reliance Industries**
- **Tata Consultancy Services (TCS)**
- **Infosys**
- **HDFC Bank**
- **ICICI Bank**
- **Hindustan Unilever**
The Nifty 50 is commonly used by investors and market analysts to assess the performance of Indian markets and make investment decisions.
SW Solar, Trendline Breakout. Risky Proposition!!🔍Stock Analysis: SWSOLAR (Sterling and Wilson Renewable)
Entry & Stop Loss (SL):
🟢Entry: ₹478.00
🔴Stop Loss (SL): ₹402.10 (on a closing basis)
📊Targets:
T1: ₹530.90
T2: ₹608.05
T3: ₹639.00
Positional Long-Term Target: ₹761.80 - ₹790.00
All-Time High (ATH): ₹830.20
Setup Overview:
Trend: Downtrend. Now showing signs of a trendline breakout.
Moving Average Position: Trading below the 50 and 200 DMA
Volume: Huge volume spike today, signalling possible accumulation
Earnings: Posted good results today
Risk Considerations:
Risk Level: High
Counter-trend trade with the stock still in a downtrend.
Below 50 DMA and 200 DMA, indicating overall bearish sentiment.
Reasons for Risk Level:
The stock is currently against the primary trend (downtrend).
Significant resistance levels need to be broken for sustained upward movement.
Notes:
While today's huge volume and positive results are encouraging, remember this is a risky bet as we are trading against the trend.
Entry requires patience and discipline, and SL must be strictly adhered to on a closing basis.
🛑Disclaimer:
This analysis is for educational purposes only. Trading involves risks, and you should consult your financial advisor before making any trades.
Wipro Looking for SupportHello friends good evening, I have prepared a chart for one of my trades in Wipro which I am sharing with you all. So as we can see the Wipro ADR ( American Depository Receipt) listed in the American market is trading down by 4 to 5 percent. In such a situation we can expect that we may see a similar decline in the price of Wipro shares tomorrow or in the coming session. Therefore I have marked a demand zone on its weekly chart and hope that the price will get a bounce from this demand zone, which will be helpful for us to trade on the long side.
Different traders follow different setups and indicators to understand support bounce, I would like to understand it only through price action on smaller time frames and will update accordingly.
I hope you liked the idea if yes then please like and share it, thank you all.
Best Regards- Amit.
Hindustan Unilever Ltd Shar Analysis Part 2Hindustan Unilever Limited (HUL) is one of India's largest and most prominent fast-moving consumer goods (FMCG) companies. It is a subsidiary of the British-Dutch multinational consumer goods company Unilever. Established in 1933, HUL's product portfolio spans categories such as home care, personal care, food and beverages, and health and wellness.
### Key Aspects of Hindustan Unilever:
1. **Product Portfolio**: HUL offers a wide range of products including popular brands like Surf Excel, Dove, Lipton, Bru, Lifebuoy, and TRESemmé.
2. **Headquarters**: Located in Mumbai, India.
3. **Revenue and Market Leadership**: HUL is a market leader in the FMCG sector in India, with a significant share across its product segments.
4. **Sustainability**: The company focuses on sustainable practices, including water conservation, waste management, and reducing carbon emissions.
5. **Innovation and Growth**: HUL continuously innovates and adapts to changing consumer preferences, driving growth with a mix of premium and mass-market products.
6. **Corporate Social Responsibility**: The company is also involved in numerous social initiatives, focusing on areas like health, hygiene, education, and women's empowerment.
HUL is a key player in India's economy, contributing significantly to employment and socio-economic development.
Intraday Trade Setup for State Bank of India (SBIN):
Trade Type: Intraday (Short)
Timeframe: 15-Minute Chart
Key Highlights:
Wait for trendline breakout confirmation
Strong bearish candle closing below trendline before entry
Targets: Marked based on technical levels
Stop Loss: Set as per risk tolerance
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
#SBIN #IntradayTrading #ShortTrade #TrendlineBreakout #TechnicalAnalysis #StockMarket #TradingStrategy #RiskManagement
Intraday Trade Setup for LIC Housing Finance (LICHSGFIN):
Trade Type: Intraday (Short)
Key Highlights:
Breakout of trendline on 15-minute timeframe
Strong bearish confirmation needed before entry
Entry Strategy: Wait for a 15-minute candle closing below the trendline breakout level
Targets: Marked based on technical levels
Stop Loss: Adjust based on price action and risk tolerance
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
#LICHSGFIN #IntradayTrading #ShortTrade #TrendlineBreakout #TechnicalAnalysis #StockMarket #TradingStrategy #RiskManagement
Nifty key levels for 17.01.2025Nifty key levels for 17.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Top 10 Index View of Indian Equity Market
The Nifty Index, also known as the Nifty 50, is a benchmark stock market index representing the weighted average of the top 50 companies listed on the National Stock Exchange of India (NSE). It is one of the two main stock indices used in India, alongside the BSE Sensex.
### Key Features of the Nifty 50 Index:
- **Composition**: The Nifty 50 includes 50 of the largest and most liquid Indian companies across various sectors.
- **Calculation**: The index is calculated using the free-float market capitalization-weighted method, which means it considers only the shares available for public trading.
- **Sectors**: The Nifty 50 covers a diverse range of sectors such as financial services, information technology, consumer goods, energy, and more, providing a broad representation of the Indian economy.
- **Rebalancing**: The index is reviewed semi-annually, with changes made based on market capitalization and trading frequency to ensure it remains an accurate benchmark of the market.
- **Usage**: The Nifty 50 is widely used by investors as a benchmark for portfolio performance, and it is also the basis for various financial products like ETFs and index funds.
### Recent Performance:
The Nifty 50 Index's performance reflects the overall market sentiment and the health of the Indian economy. It is subject to fluctuations based on macroeconomic factors, corporate earnings, global events, and domestic policies.
Would you like detailed information on the current performance or historical trends of the Nifty 50?
**Nifty FMCG Index**:
- **Performance**: The Nifty FMCG Index, representing the Fast-Moving Consumer Goods sector in India, has shown a slight decline recently. Over the past month, it decreased by 0.56%, and over the past year, it declined by 3.92%.
**Nifty Auto Index**:
- **Performance**: The Nifty Auto Index, tracking the automobile sector in India, experienced a positive movement on January 16, 2025, with a percentage change of 0.65%.
**Nifty Pharma Index**:
- **Performance**: The Nifty Pharma Index, reflecting the pharmaceutical sector in India, has shown a decline. Over the past month, it decreased by 1.04%, and over the past year, it declined by 4.51%.
**Dow Jones Industrial Average (DJIA)**:
- **Performance**: The DJIA, a major U.S. stock market index, closed at 43,116.89, marking a slight decrease of 0.24%. Over the past year, it has increased by 11.63%.
**NASDAQ Composite Index**:
- **Performance**: The NASDAQ Composite Index, heavily weighted towards technology stocks, closed at 19,489.44, showing a minor decline of 0.11%.
Please note that stock market indices are subject to fluctuations due to various factors, including economic data releases, corporate earnings reports, and geopolitical events. For the most current information, it's advisable to consult real-time financial news sources or brokerage platforms.
BHEL - Don't miss this opportunity!!BHEL is trading just under the value zone due to various Micro and Macro economic news in the last 2 quarters, however in the recent quarter BHEL posted healthy news with good order book.
Between Price range 220 to 270 a massive 800 Million shares were traded which accounts more than 60% of total free float shares available in the Market.
So investing now would be good idea and you will get this share at a good discount compared to many others in the market.
Happy Investing and Trading!!
NIFTY Intraday Trade Setup For 17 Jan 2024NIFTY Intraday Trade Setup For 17 Jan 2024
Bullish-Above 23450
Invalid-Below 23400
T- 23600+
Bearish-Below 23270
Invalid-Above 23320
T- 23080
NIFTY has closed with 0.42% gain today. It opened with a big gap but could not sustain that and ended on intraday decline. Tomorrow 23450 will be important level for bullish move, we need a pullback breakout setup to consider this. Plain vanilla short below 23250 after flat opening.
Coming to Friday's trade setup, of index opens flat and a 15 Min candle closes above 23450 then we will long for the target of 23600.
For selling we need a 15 Min candle close below 23270. T- 23080.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Looks like Laxmi Organic Industries Ltd about to start uptrend ?LXCHEM comapny is done coorrecting from chart's point of view. Looks like Double bottomm in weekly chart.
It comes from chemical sector where all stocks from this sector are coming out from long downtrend. So looks like sector backup is there.
Need to wait for trendline and Horizontal reistance breakout to confirm for safe trader.
Can be a plan very good long term trade.
Note: No idea about Fundamentals.
Will Index open gap up tomorrow? Watch the vid to know.Reliance close was very positive today and this one stock is capable of moving the market up. Infosys also came out with good results. That said, Nifty has again made a higher high higher low and is in itself a good positive sign.
A small gap up opening is likely and welcome but I am personally not a fan of a big gap up opening since the index is obsessed to fill all gaps sooner or later.
For precise levels on Nifty and Bank Nifty, watch the video.
P.S. - I said 'lower high lower low' while recording the video. It's actually 'higher high higher low'.
BORORENEW Long Idea.....Bororenewable looks good for me on Weekly Charts. It broke out weekly trendline resistance.
Broader market strength doesnt look good. So be cautious of Position sizing.
If market drags down bororenew along withit, then stock may settle at 500-540 zone. So this zone might be a good place for average.
NOTE: No idea of Fundamentals. Just a Technical view.