Get started

Wave Analysis

Berger Paints Bounces Back – Targets Within ReachHello everyone, i hope you all will be doing good in your life and your trading as well, Today i have brought very strong fundamentaly strong stock which is reversing from important support zone, Stock name is Berger paints and it is known for its wide range of decorative and industrial paints. Over the years, it has built a strong reputation for innovation, quality, and a robust distribution network. With increasing demand for premium and eco-friendly products, Berger is well-positioned for long-term growth. Let's discuss Technical and Fundamentals about this Gem stock: Technical Overview:- Berger Paints is sitting at a strong support zone around ₹425-450, a level that has consistently held during market corrections. It’s showing signs of recovery with the formation of a Morning Star pattern on the weekly chart—a bullish reversal signal. The immediate resistance lies around ₹500-550, with a medium-term target of ₹630+, where multiple resistances have been tested in the past. Fundamental Insights:- Solid Growth Story: Berger has consistently grown its revenues, thanks to strong demand in decorative paints and its expanding presence in rural and urban markets. Resilient Margins: Even with rising input costs, Berger has maintained steady profit margins, reflecting its operational strength and pricing power. Future Prospects: With urbanization on the rise and increasing preferences for high-quality paints, Berger is set to benefit from long-term industry trends. Market Cap ₹ 53,465 Cr. Current Price ₹ 459 High / Low ₹ 630 / 438 Stock P/E 46.6 Book Value ₹ 48.0 Dividend Yield 0.78 % ROCE 27.5 % ROE 23.5 % Face Value ₹ 1.00 Industry PE 46.6 Debt ₹ 797 Cr. EPS ₹ 9.82 Promoter holding 75.0 % Intrinsic Value ₹ 129 Return over 5years 1.09 % Debt to equity 0.14 Net profit ₹ 1,147 Cr. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BERGEPAINTLong
by TraderRahulPal
Crude Oil Ready to Explode: Wave (iii) Targets Sky-High Gains Chart Interpretation 1. Triangle Pattern: A visible contracting triangle pattern (marked as Wave (ii)) indicates consolidation before a breakout. Triangles typically occur in Wave 4 or corrective waves (B waves). Fibonacci Levels: Fibonacci extensions (1.618, 2.618, 3.618, etc.) are used to project potential targets for Wave (iii), Wave (v), or corrective moves. 1.618 (7,156): A potential target for Wave (iii). 2.618 (8,125): Extended target for Wave (iii). 3.618 (9,094): A stretch target if the trend is powerful. Current Status: The chart indicates that Wave (ii) (a corrective phase) is concluding, with a breakout expected into Wave (iii). Wave (iii) targets are aligned with key Fibonacci levels, showing potential price surges. 2. Future Projection After completing Wave (iii) and a brief correction in Wave (iv), the price may proceed to Wave (v), likely targeting higher levels. Post the 5-wave impulse, a corrective A-B-C structure may follow, resetting the trend. 3. Trading Insight A breakout above the triangle pattern could confirm the start of Wave (iii). Regards, SG
MCX:CRUDEOIL1!Long
by subhagghosh
1
SPANDANA LONGElliott Wave analysis shows that the stock has completed waves (i), (ii), (iii), (iv) and (v) downside. Currently, the stock is undergoing correction wave (a), (b), and (c) in a daily time frame. Wave (a) and (b) in blue colour are finished and the stock is currently in wave (c). Wave (a) unfolded in five sub waves in red colour and Wave (b) is folded in three sub waves (a-b-c) in red colour. Wave (c) will unfold in five sub-waves shown in red colour on the chart. Wave levels are shown on the chart. Level of Invalidation The starting point of Wave (a) has been identified as the invalidation level at 286.65. Because as per wave rules Wave (b) cannot retrace more than 100% of Wave (a). If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems. I am not a registered Sebi analyst. My research is being done only for academic interests. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards Dr Vineet
NSE:SPANDANALong
by drvineet
3
Bitcoin Targets for the 2025Technical analysis for Bitcoin in 2025 suggests a variety of potential outcomes based on current trends, patterns, and market indicators: # Bullish Trends and Predictions: Several analysts and platforms, including Binance, have forecasted Bitcoin reaching highs up to $200,000 by 2025, driven by increasing institutional adoption, Bitcoin ETFs, and favorable regulatory shifts. This is supported by charts showing a breakout from consolidation patterns in 2024, potentially testing levels at $120,000 and $147,000 based on Fibonacci extensions from previous bull runs. # In summary, while the technical analysis leans towards optimism with Bitcoin potentially hitting high price targets, the market's volatility suggests that investors should be prepared for both significant gains and potential corrections. Always consider conducting your own research and keeping an eye on both technical indicators and broader market influences.
Long
by renderwithme
4
Nifty 50 ( 2025 outlook and what probability will happen)The year 2025 is expected to start with a slightly negative first quarter for the market, as minor economic challenges might impact initial performance. However, the overall market sentiment remains positive, driven by strong investor confidence and promising economic indicators. Experts predict a robust rally, with the market potentially climbing from 21,000 to 28,500 in the second, third, and fourth quarters. This growth can be attributed to favorable government policies, technological advancements, and increased corporate earnings. As the year progresses, these factors are likely to fuel sustained market optimism, creating opportunities for long-term investors and boosting economic growth.
NSE:NIFTY
by Lokendrakumar
Paytm holding from 335 for long term, SL 900 Target openDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:PAYTM
by JaiPrakashShuklaHarmonicTrader
Reliance if break 1257 then uptrend if break 1200 then 1155 Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:RELIANCE
by JaiPrakashShuklaHarmonicTrader
HDFC bank until 1725 not break uptrend continue levels on chart Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:HDFCBANK
by JaiPrakashShuklaHarmonicTrader
Bitcoin again at resistance area Sell with SL 95500 Target 92000Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:BTCUSD
by JaiPrakashShuklaHarmonicTrader
HINDCOPPER - Observation & Hypothesis Sellers vs BuyersEverything is explained within the chart.. Self explanatory.. This is just an hypothesis, maybe a crazy idea/view from someone with long bias on this script.. Nevertheless, In my humble opinion, it is definitely not a place to short at this juncture. On the wave counts, price is at 50% retracement level, ideal for the 4th wave termination.. as long as 196 is protected, we are in for a ATH to complete the 5th Wave counts of different timeframes can be located here I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:HINDCOPPER
by Murthy_Santhosh
Nifty Spotit was an Amazing rally on the NS to Close ABOVE THE CHANNEL. For Now you keep your SL at the Channel Support for any long Trades. I too was very surprised the way NS danced today, although I caught all the retracements on the 1 tf, based on which i have given you all the Upper targets for tomorrow. Forget BUT DO TRY to Read into the VARIOUS RETRACEMENTS I HAVE placed on my NS hourly chart. The various retracements I have given will give you a highly DEEP INSIGHT into what NS is doing. Wishing you all a wonderful New Year. God Bless Always
NSE:NIFTY
by deepgups