Shoppers Stop Ltd view for Intraday 16th Jan #SHOPERSTOP
Shoppers Stop Ltd view for Intraday 16th Jan #SHOPERSTOP
Resistance 630 Watching above 632 for upside movement...
Support area 620 Below 620 ignoring upside momentum for intraday
Watching below 618 or downside movement...
Above 630 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Trend Analysis
#UNOMINDA - VCP + Hidden Trend Line Break Out📊 Script: UNOMINDA
Key highlights: 💡⚡
📈 VCP Break-Out in Daily chart.
📈 Price gave a good up move and consolidated before BO.
📈 Volume spike on Breakout
📈 MACD Cross Over
📈 One can go for Swing Trade.
📈 Enter ONLY above the Hidden Trend Line Break
BUY ONLY ABOVE 1147 DCB
⏱️ C.M.P 📑💰- 1115
🟢 Target 🎯🏆 – 19%
⚠️ Stoploss ☠️🚫 – 9.50%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
USDCHF BUY REGION🎯 USDCHF Buy Opportunity Alert! 💹
The market is nearing a strong buy region for USDCHF! 📈
Keep an eye on the price action and set your strategy.
This could be your next big trading move! 💰
📊 Pro Tip: Always manage your risk and stay updated with market trends.
💡 Share your thoughts in the comments – what’s your target for USDCHF?
Aditya Birla Capital: Technical Analysis and Investment PerspectCrab Pattern Formation: Aditya Birla Capital has formed a Crab pattern, which is typically seen as a bullish reversal signal, indicating potential upward price movement.
Key Support Level: The stock is currently positioned at a strong support level of approximately ₹167, which could act as a crucial point for a price recovery.
Significant Decline from All-Time High: The stock has experienced a decline of about 30% from its all-time high, suggesting it may be undervalued and presenting an attractive entry point for investors.
Long-Term Investment Opportunity: Considering the technical setup and support levels, Aditya Birla Capital appears to be a favorable choice for long-term investment strategies.
Tatasteel (Tata Steel Ltd)- AnalysisBullish Levels -day closing above 128 (early entry risky) then 148 the 168 to 170 (safe entry if day closing above this) long term targets can be around 250 to 272 if sustain above this then 373 to 393 intermittent targets are marked on chart
Bearish levels :- Day closing below 117 then 107 is average price then 96 SL for swing trade then 87 again an averageing price if come, with strict SL of 75 for Long term Investor below this more bearish.
**Consider some Points buffer in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Skygold ready to touch the sky !!Skygold is reversing with great technical and fundamental strength, New highs are coming soon. Technically, it bounced back from key support levels and fundamentals as the company on-boarded Aditya Birla Jewellery as a new client, along with product portfolio diversification with lab-grown diamonds and 18kt Jewellery.
Nifty FMCG Index Breakdown From 20 Months EMAThe Nifty FMCG Index is a benchmark index on the National Stock Exchange of India (NSE) that tracks the performance of the top 15 companies in the Fast Moving Consumer Goods (FMCG) sector. These companies produce non-durable, mass-consumption products readily available to consumers, such as food and beverages, personal care items, and household products.
As of January 6, 2025, the Nifty FMCG Index includes the following companies:
| Company Name | Symbol | Weightage |
|-------------------------------------|--------------|-----------|
| ITC Ltd. | ITC | 32.88% |
| Hindustan Unilever Ltd. | HINDUNILVR | 19.14% |
| Nestle India Ltd. | NESTLEIND | 8.86% |
| Tata Consumer Products Ltd. | TATACONSUM | 6.53% |
| Varun Beverages Ltd. | VBL | 6.36% |
| Britannia Industries Ltd. | BRITANNIA | 5.49% |
| Godrej Consumer Products Ltd. | GODREJCP | 4.48% |
| Colgate Palmolive (India) Ltd. | COLPAL | 3.42% |
| United Spirits Ltd. | MCDOWELL-N | 3.12% |
| Dabur India Ltd. | DABUR | 2.90% |
| Marico Ltd. | MARICO | 2.44% |
| Procter & Gamble Hygiene & Health | PGHH | 1.51% |
| Radico Khaitan Ltd. | RADICO | 1.27% |
| United Breweries Ltd. | UBL | 1.22% |
| Balrampur Chini Mills Ltd. | BALRAMCHIN | 0.39% |
The index is calculated using the free-float market capitalization method, which considers only the market value of shares readily available for trading, excluding those held by promoters or institutions. This methodology ensures that the index reflects the market performance of the most liquid and widely held FMCG companies.
The Nifty FMCG Index is rebalanced semi-annually, with reviews conducted in January and July to ensure it accurately represents the sector's performance. The selection criteria for inclusion in the index include factors such as trading frequency, market capitalization, and listing history.
Investors can gain exposure to the Nifty FMCG Index through various financial instruments, including exchange-traded funds (ETFs) and index funds. Some notable options are:
- **ETFs:**
- ICICI Prudential Nifty FMCG ETF
- **Index Funds:**
- UTI Nifty FMCG Index Fund
- ICICI Prudential FMCG Fund
These investment vehicles allow investors to participate in the growth and performance of India's FMCG sector by mirroring the index's composition and returns.
As of June 2024, the Nifty FMCG Index achieved a significant milestone by crossing the 50,000 mark, reflecting the sector's robust growth and resilience.
The FMCG sector is often considered a defensive sector, demonstrating stability even during economic downturns, as consumer demand for essential goods remains relatively constant.
Gold: if this.... then that Current Price Structure:
There's a clear upward trendline forming from the November low
The market has formed a significant support zone (marked in green) around 2636-2640
A resistance zone (marked in red) exists around 2710-2720 level
Current price is showing bullish momentum at 2698
Multiple liquidity levels have been created above recent highs
The market has been making higher lows and higher highs, indicating bullish control
Potential Scenarios:
Primary target seems will be R1 at 2720.005
If price breaks above R1 , next targets will be R2 (2750.635) and R3 (2803.320)
Support levels to watch: S1 (2636.690), S2 (2584.005), S3 (2553.375)
The bullish structure remains valid as long as price stays above the upward trendline
Adani portprice trading close to last year lows ,last year low was around 1000 levels if hold on to this level on monthly closing bases .probabilities of this year it might try to get out of negative trend and attempt to move back towards 1500-1600 levels are becoming high as it is holding this lows from last 2 month .view fails on a monthly close below 1000 levels .
BTC#2 : Summary of things to watch out for in the current uptren🔥 The previous plan helped you make a profit. Leave a comment and share the joy. 🔥
Today I will continue to bring everyone a perspective on BTC and the next trading plan.
1️⃣ **Fundamental analysis:**
📊 🔴US CPI rose slightly more than expected in December as energy costs rose, suggesting inflation is still rising
▫️ In addition, a recovery in Bitcoin was supported by the release of December PPI on Tuesday, which showed weaker-than-expected inflation data.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday's candle close shows strong market confidence in BTC rising. However, the price has reacted when touching the trendline. This is the area we need to pay attention to
🔹 **H4 frame**: The bearish price structure was broken when the price crossed 968xx and went straight to the trendline, which caused the bullish momentum to slow down somewhat. It is likely that we will need a slight correction to gain momentum to break the resistance area above
🔹 **H1 frame**: Looking at the price structure, you can see more clearly. The bullish wave has not shown any signs of ending, but the important resistance area requires us to be more patient if we want to find profits.
3️⃣ **Trading plan:**
✅ If you want to have a BUY position at the moment, my advice is that we can patiently wait for the price to test the support area of 958xx as I marked on the chart. Don't be hasty, when the R:R ratio of the important resistance area is always low. The bullish price structure also needs confirmation by a higher bottom than the previous bottom. FOMO at this time is not a wise choice
⛔ The resistance zone will always make you want to stop the ship. However, wait for the bearish price structure in the small time frame M5. M15 to make sure your judgment is correct. If you have a good position, you should not expect high profits when the bearish price structure is temporarily broken, closing part of the profit when the price touches support and leaving SL positive will be a wise choice.
💪 **Wish you successful trading!** 🚀
Bank nifty trades and targets - 16/125Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
Trading GMD (HOSE) stock using the Wyckoff method 2025I believe that GMD stock is currently undergoing a "spring" phase in Phase C of its market structure. The stock has already completed Phases A and B and is gradually forming Phase C with the creation of a spring pattern.
Next, if the stock shows a strong upward movement accompanied by high volume, this would serve as confirmation. At this point, it would be possible to buy the stock and consider increasing the position when the stock tests the Last Point of Support (LPS).
The profit-taking target for GMD stock is in the price range of 75,000 - 80,000 VND.
NIFTY Levels for January 16, 2025NIFTY 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 for January 16, 2025BANKNIFTY 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.