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Hindustan Aeronautics Limited (HAL)- Mid & Long Term OpportunityNote: Publishing this 2nd idea on NSE:HAL , in continuation to 1st one (link given below), to provide updated chart and targets. Suggested on: 23-Aug-2023 Rating: Buy (Mid Term as well as Long Term Opportunity) LTP on 23-Aug-2023: Rs. 2,015.55 SL for New Entry: Rs. 2,800 Targets Achieved: (1) Rs. 2400 --> (2) Rs. 2600 --> (3) 2915 Next Targets: (4) Rs. 3,079 --> (5) Rs. 3,239 --> (6) Rs. 3,498 Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:HALLong
by vicky252
2
AU Small Finance Bank Analysis! NSE:AUBANK Weekly Analysis! Double Top Pattern Formation is AUBANK! Double Top Pattern breakout in AUBANK! RSI Divergence! AUBANK crossed 50,100 and 200 EMA, will is leads towards further downtrend? Analysis:( Only for Pattern Analysis ) NSE:AUBANK formed Double Top Pattern on a Weekly time frame. We can clearly see on the chart that previous trend was uptrend and Double Bottom ideally formed after an uptrend so it's a valid scenario to be move ahead with the Double Bottom or M Pattern. I have done complete analysis on the chart so please have a look on it. Trade Psychology and Setup: Entry = Current levels are not good for short(570-580) Target = 495.70 Stop Loss = 674.95 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:AUBANKShort
by Avinash9087
Nifty Price action under election Year cues.Nifty next up move will come when it close above 22150 on monthly chart. Empirically, in General election year, Nifty has a tendency to bottom out in Feb-March, followed by minimum 12-16% rally towards General election outcome in each of seven instances over past three decades. As per chart nifty may be bottom out near levels 21120-20850 in upcoming days. So, buy on dip approach may work for the investors. Next target for Nifty after bottom out would be 24700 in May-June 2024.
NSE:NIFTYLong
by tradetechnicalanalyst
1
Bank Nifty analysis for 6th FEB'2024Bank nifty traded in a range between 46000 to 45600 today buyers were holding support but no momemtum from buyers end today tried twice to break 46000 but failed! Major support at 45600 if breaks tomorrow seller can take it to 45300 addtion to that banknifty was showing weakness after 2 pm today & traded below trendline support. Buyer can show momentum above 46100 - 46200, Tomorrow may be trend day or wide range day. Support : 45300,45000 Resistance : 46100, 46300 Note : Do your own analysis before making any trade or invesment decesion.
NSE:BANKNIFTYShort
by Price_actiontaker14
Bank Nifty created pattern will it work or not? As chart shows a flag pattern has been formed in 30 min time frame and also bank nifty traded tightly today. which conclude that this range can burst out either bullish or bearish. Another thing to notice a bullish wick reversal candle has formed which gives a hint for bullish side strength into bank nifty May be a gap opening for tomorrow also expecting a trend day or more tight range day. Trade on retest only avoid flase breakouts Resistance : 45600, 45800-900 Support : 45400, 45139 Note : Do your own analysis before making any trading decisions.
NSE:BANKNIFTYLong
by Price_actiontaker14
12 Jan ’24 — Traders are cold-blooded, Bias changed to Bullish🐂Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday “Nifty looks perfectly neutral from here, the moment the support of 21491 gives away — we can start looking for bearish opportunities. To go bullish the ATH has to be taken out. With the IT majors TCS and INFY declaring the results — we should have a strong swing direction tomorrow.” 4mts chart link Major highlights today Gap-up of 120pts ~ 0..56% NiftyIT gains 5.14% Nifty50 takes out the ATH, new value = 21928 Nifty goes from neutral to bullish Today’s stop came right at the ascending channel top-line Never seen NiftyIT so stubborn to go up, a gain of 5.14% far exceeds expectations, and that too when the IT majors are at their all-time highs. What we still do not understand is the reason for outperformance when the results were average. Anyway, this was the major reason Nifty50 broke out from the neutral zone to the bullish zone. 63mts chart link Today’s price action was along the top trend line of the ascending channel, and careful enough not to break it. There is no shame in saying traders are cold-blooded. We cannot stick with our bias, direction, or opinions and expect the market to behave as per our analysis. If the markets have turned, we need to adapt. Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday - we need to look out for bullish opportunities now.
NSE:NIFTYLong
by viswaram
11 Jan ’24 — The bulls of BankNifty has run out of fuel!BankNifty Today Analysis - Stance Bearish ⬇️ Look at what the Gap-up did today to BankNifty, it messed around with the resistance level of 47539. Was it a genuine break? Absolutely NO. Would that have shocked the Bears? Absolutely YES. Gaps are the easiest option available for the manipulators to scare off the retail crowd. 4mts chart link Again the 280+pts quick dip between 14.03 to 14.15 looked quite serious. But the dip buyers made it look like a blip over the next 15 minutes or so. Looks like BN has run out of fuel for any upmoves. 63mts chart link BankNifty is really waiting for a trigger to fall. The tiredness of the bulls is a welcome message for the bears to do their thing. Our stance continues to be bearish for tomorrow despite the neutral day today. Only when the stance of both Nifty50 and BankNifty is in the same direction - we can expect a trending market. Nifty50 could pick a direction due to NiftyIT results tomorrow, if it is down - then it will pull banknifty along with it.
NSE:BANKNIFTYShort
by viswaram
#ADSL is getting ready to form a Null candle #SuperChartzKey levels: Support: 127, 110 Resistance: 154, 170 Key Description: The stock has a moderate Market Cap of ₹809 Cr. with a current price of ₹146. It exhibits a relatively low P/E ratio of 16.6, indicating potential undervaluation compared to the industry average P/E of 41.8. The stock's book value is ₹101, and the Price to Book Value ratio is 1.46. Financial performance metrics like ROCE (12.8%) and ROE (10.1%) suggest decent returns on capital and equity. The company maintains a conservative dividend yield of 0.85%. The operating profit margin is at 12.8%, showcasing operational efficiency. In terms of market performance, the stock has shown a positive return of 7.24% over the last 3 months and a robust return of 64.8% over the last 3 years, indicating favorable investor sentiment. However, investors should note the lower EPS of ₹0.36. Overall, the stock appears to have potential value with reasonable financial metrics and positive returns. However, potential investors should conduct further research and consider factors such as industry trends and market conditions before making investment decisions. Technically the stock has broken the trendline and sustaining the breakout to go beyond the nullification zone by forming a null candle. After the nullification the stock may touch new highs.
NSE:ADSLLong
by SuperChartz
6
Bank Nifty - 04/01/2024 - LevelsHello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 04/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 47675 – 47690 Important Support and Resistance for the Day... Support - Resistance - Support-1: 47675 Resistance-1: 47878 Support-2: 47500 Resistance-2: 48110 Support-3: 47407 Resistance-3: 48216 Big-Support: 47200 Big- Resistance: 48450 ____________________________________________ Happy Learning and Trading – TST5121 Rules to fallow... 1) Trade with Strict Stop Loss. 2) Trade with Small Quantity. 3) Take entries based on Support & Resistance Levels. Please take the trade according to the levels marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries after your own analysis. This is for education purpose and a helping hand to learn trading in market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE, it motivates me to do analysis and do share with your trading friends. SHORT FORM &FULL FORM 0.5 -> 0.5% Swing PDH -> Previous Day High PDL -> Previous Day Low PDC -> Previous Day Close PDO -> Previous Day Open PWH -> Previous Week High PWO -> Previous Week Open PWC -> Previous Week Close PWL -> Previous Week Low D_S -> Day Support D_R -> Day Resistance W_S -> Week Support W_R -> Week Resistance W_O -> Week Open W_C -> Week Close LW_O -> Last Week Open LW_C -> Last Week Close IMP -> Important R@1, R@2, R@3... -> Resistance-Zones S@1, S@2, S@3... -> Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> Triple Bottom TF -> Time Frame BO -> Break-Out RR -> Risk-Reward SL -> Stop-Loss GAP -> The area b/w Previous Day Close and Today Open Blue Color Text (S@*, R@*) -> Act as Major Support or Resistance-Zones (Be Alert, Chances to Market take Reversals) If market open as a FLAT and moves to UP - SIDE then BUY with the Support of R-1 and SELL with the Rejection of R-1. (Or) If market open as a FLAT and moves to DOWN - Side then BUY with the Support of S-1 and SELL with the Rejection of PDL. Possibility 2: GAP-UP If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of PDH. (Or) If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. Possibility 3: GAP-DOWN If market open as a GAP - DOWN and moves to UP - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. (Or) If market open as a GAP - DOWN and moves to DOWN - Side then BUY with the Support of W-R and SELL with the Rejection of W-R.
NSE:BANKNIFTY
by SriTrader5121