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Technical Analysis of Gopal Snacks Ltd....TRADE FOR LATERINVEST BEFORE READ CAREFULLY / TAKE TRADE ON YOUR OWN RISK RISK~REWARD PROFILE = 5.91:1 NSE:GOPAL SANEKS Technical chart Observations:- ~Price Correction:- The stock corrected around 29%, possibly due to the negative news (fire in a warehouse). The price appears to be approaching a strong psychological support level at ₹335. ~Pattern Formation:- A potential Head and Shoulders pattern is visible, signaling a bearish reversal that already played out. The price dropped significantly post-pattern completion. ~Support Level:- Key support is around ₹322.80, which is highlighted as the entry point for a possible bounce. Stop-loss (SL) is marked at ₹304.50 to limit downside risk. ~Target Levels (TP):- ~TP1: ₹362.30 ~TP2: ₹386.35 ~TP3: ₹430.95 ~Volume:- The trading volume on the recent downtrend is moderate, indicating cautious selling. ~Trend:- Currently in a downtrend but nearing a critical psychological support zone. Trading Strategy: Wait for Confirmation: Enter the trade only if the price shows a clear bounce or reversal signs at the ₹322.80 level. ~Risk-Reward:- Stop-loss: ₹304.50 (downside ~₹18.30 per share). Target 1 (TP1): ₹362.30 (upside ~₹39.50). Risk-reward ratio is favorable if TP1 is achieved. ~Notes:- This is a counter-trend trade (going against the dominant downtrend), so caution is advised. Monitor closely for any trend continuation or reversal indicators (e.g., candlestick patterns or volume spikes). The highlighted targets (TP1-TP3) should be treated as milestones—book partial profits at each. Final Note: This chart suggests a well-structured trade setup, but execution depends on confirmation of price action near the support zone. Traders should monitor market sentiment, news updates, and technical signals before entering the trade. Disclaimer: I am not a SEBI-registered advisor. These levels are for educational purposes only. Please trade at your own risk. Consult a professional financial advisor for tailored advice. Like and share if you found this helpful! LIKE,SHARE,SUBSCRIBE @Alpha_strike_trader
NSE:GOPALLong
by Alpha_strike_trader
1
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
Nifty Intraday Analysis for 7th January 2025NSE:NIFTY Index closed near 23615 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24200 Strike – 101.70 Lakh 24000 Strike – 93.24 Lakh 24100 Strike – 76.54 Lakh Put Writing 23300 Strike – 49.24 Lakh 23500 Strike – 40.70 Lakh 23600 Strike – 39.55 Lakh Index has resistance near 23750 - 23800 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range. Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23250 – 23200 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.
NSE:NIFTY
by RKMAURYA
Midnifty Intraday Analysis for 7th January 2025NSE:NIFTY_MID_SELECT Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 13000 Strike – 7.09 Lakh 12800 Strike – 3.524 Lakh 12700 Strike – 2.40 Lakh Put Writing 13000 Strike – 5.62 Lakh 12800 Strike – 4.64 Lakh 12700 Strike – 3.95 Lakh Index has immediate resistance near 12800 – 12850 range and if index crosses and sustains above this level then may reach 12950 – 13000 range. Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.
NSE:NIFTY_MID_SELECT
by RKMAURYA
Banknifty Intraday Analysis for 7th January 2025NSE:BANKNIFTY Index closed near 49920 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 51000 Strike – 13.72 Lakh 50000 Strike – 6.47 Lakh 50500 Strike – 5.02 Lakh Put Writing 49000 Strike – 12.14 Lakh 50000 Strike – 11.73 Lakh 51000 Strike – 11.61 Lakh Index has resistance near 50300 – 50400 range and if index crosses and sustains above this level then may reach near 50800 – 50900 range. Index has immediate support near 49500 - 49400 range and if this support is broken then index may tank near 49000 - 48900 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 7th January 2025NSE:CNXFINANCE Index closed near 23320 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 24000 Strike – 1.12 Lakh 23800 Strike – 0.55 Lakh 23500 Strike – 0.44 Lakh Put Writing 24000 Strike – 1.23 Lakh 23800 Strike – 065 Lakh 23500 Strike – 0.51 Lakh Index has resistance near 23500 - 23550 range and if index crosses and sustains above this level then may reach near 23700 - 23750 range. Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23050 – 23000 range. If the Index doesn't bounce back from day low, another round of downside moment is expected due to fresh development of the HMPV threat.
NSE:CNXFINANCE
by RKMAURYA
USDCAD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD USDCAD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01
SIEMENS BEARISH TREND ANALYSIS (SHORT)NSE:SIEMENS SIEMENS BEARISH TREND ANALYSIS Key Levels: Entry Point: ₹6,559.45 Stop Loss (SL): ₹6,732.85 Target Points: TP1: ₹6,339.95 TP2: ₹6,143.60 TP3: ₹5,747.50 Analysis:~ Trend Overview: Siemens is showing a bearish trend, confirmed by the price breaking an 8-month support level. The chart highlights potential downside targets with a disciplined stop-loss placement. Support and Resistance: The price has failed to sustain above the long-term support level, which has now turned into resistance. The trend suggests potential further decline toward the specified targets. Risk Management:~ Stop Loss at ₹6,732.85 ensures risk is minimized if the trade goes against the trend. Target levels are spaced for progressive profit booking. Chart Insights:~ Bearish Confirmation: Siemens has turned bearish, breaking below its 8-month support zone, signaling potential further downside movement. Resistance:~ The previous support level now acts as resistance. A stop loss is placed slightly above this level to mitigate risk in case of trend reversal. Profit Targets:~ TP1 and TP2 offer conservative profit levels, while TP3 provides a more aggressive downside target. Trend Direction: The 50-day and 200-day moving averages are sloping downwards, indicating sustained bearish momentum. Disclaimer: I am not a SEBI-registered advisor. This analysis is for educational purposes only. Trade at your own risk. Please consult a professional financial advisor before making trading or investment decisions. Thank you! Like and share if you found this helpful. Like,share,subscribe @Alpha_strike_trader
NSE:SIEMENSShort
by Alpha_strike_trader
7
The much tested TRENDLINE is broken What’s next? As we can see BANKNIFTY fell unidirectionally as expected in our previous post as the trendline was tested multiple times making it weaker hence any sustainment below the trendline would lead to a good fall was our plan and it did happen. Now it can be seen closing at important demand zone but can also be seen in more like head and shoulders pattern in bigger time frame hence once again if breaks below then we may see a strong downfall in coming trading sessions so plan your trades accordingly.
NSE:BANKNIFTY
by Wealthcam
Nifty Intraday Analysis for 6th January 2025NSE:NIFTY Index closed near 24005 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 79.43 Lakh 24200 Strike – 76.59 Lakh 24400 Strike – 66.85 Lakh Put Writing 23700 Strike – 63.38 Lakh 24000 Strike – 59.97 Lakh 23500 Strike – 48.29 Lakh Index has resistance near 24150 - 24200 range and if index crosses and sustains above this level then may reach near 24300 - 24350 range. Index has immediate support near 23900 – 23850 range and if this support is broken then index may tank near 23725 – 23675 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 6th January 2025NSE:BANKNIFTY Index closed near 50990 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 52000 Strike – 17.10 Lakh 51500 Strike – 11.36 Lakh 51000 Strike – 8.23 Lakh Put Writing 50000 Strike – 11.61 Lakh 51000 Strike – 11.45 Lakh 51500 Strike – 11.02 Lakh Index has resistance near 51500 – 51600 range and if index crosses and sustains above this level then may reach near 52000 – 52100 range. Index has immediate support near 50600 - 50500 range and if this support is broken then index may tank near 50100 - 50000 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 6th January 2025NSE:CNXFINANCE Index closed near 23735 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 24000 Strike – 1.11 Lakh 23900 Strike – 0.57 Lakh 23800 Strike – 0.56 Lakh Put Writing 24000 Strike – 1.02 Lakh 23800 Strike – 0.85 Lakh 23500 Strike – 0.53 Lakh Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range. Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23450 – 23400 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 6th January 2025NSE:NIFTY_MID_SELECT Index closed near 13010 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 13000 Strike – 5.99 Lakh 13200 Strike – 2.54 Lakh 12800 Strike – 2.39 Lakh Put Writing 13000 Strike – 6.71 Lakh 12800 Strike – 4.15 Lakh 12900 Strike – 2.01 Lakh Index has immediate resistance near 13125 – 13175 range and if index crosses and sustains above this level then may reach 13250 – 13300 range. Index has immediate support near 12925 – 12875 range and if this support is broken then index may tank near 12750 – 12700 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
Directional RALLY coming soon..?As we can see BANKNIFTY again got rejected from our zone and fell sharply but despite the weakness it managed to close above the trendline hence giving no clear stance of its upcoming direction. We can see the trendline got weaker which has been tested multiple time which could result in steep downfall If managed to close below the trendline but can also reverse if managed to sustain itself above the trendline so plan your trades accordingly and PATIENTLY.
NSE:BANKNIFTY
by Wealthcam
Apollo Micro-Do not miss this Volume breakout!Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle Stock will look good only when it retest level of 110 and bounces. Levels mentioned on chart. I will not buy at CMP. Stock has potential to fly at least towards 200 according to fib extension. It is too good of breakout to miss. I have hardly seen such a bullish weekly candle recently when Nifty has been slight bearish.
NSE:APOLLOLong
by chartistamey
HIMADRI SPECIALITY CHEM LTD TRADING IDEA!📊 Analysis: HSCL is trading above its key EMAs (20, 50, and 200), indicating a strong bullish trend. The stock has broken a critical resistance level at ₹590, supported by rising volumes, signaling potential for further upside. The price structure reflects bullish continuation with solid support below ₹565. 📈 Trading Plan: Entry Point: ₹595 (enter on a breakout confirmation with good volume). Target 1 (T1): ₹620 Target 2 (T2): ₹650 Stop Loss (SL): ₹565 🛑 Risk-to-Reward Ratio: Approximately 1:2
NSE:HSCLLong
by piyushr401
A Fresh Breakout Seems In Manoj Vaibhav Gems 'N' Jewellers LimitNSE:MVGJL Manoj Vaibhav Gems 'N' Jewellers Limit The stock price has moved 20DMA above the ₹284.15 resistance level, which was a crucial breakout level.There is significant upward momentum, as evident from large green candles and high volumes. Breakout Level: ₹284 (confirmed breakout above resistance). Entry Zone: ₹284-₹287 Stop Loss: ₹272.25 (below recent support). Targets: Keep In Mind TP1: ₹312.20 TP2: ₹320.55 TP3: ₹331.65 TP4: ₹351.15 (high-risk target). Disclaimer: This is for educational purposes only. I am not SEBI-registered. Trading in securities is subject to market risks; invest wisely. ~follow my youtube channel @Alpha_strike_trader " THANKS "
NSE:MVGJLLong
by Alpha_strike_trader
1