INTERGLOBE AVIATION-UP FOR SWING TRADEInterGlobe Aviation: CMP:4469; RSI: 69.62
As per Elliot wave analysis, Inter Globe Aviation has completed primary wave-4 formation @ 3780 and motive wave-5 is in its initial phase of expansion. Confirmation of the same will be evident when script give close above 4885 levels on closing basis. A swing trade is poised in the near future with a upside of 15-20%.
Call For Aggressive traders
Buy Zone: 4400-4500
Stop Loss: 4300
Resistance Zone: 4772-4885
Target 1: 5125; Target 2: 5400
Call For long term Investor
Buy above: 4900
Target: 6400 (1 year time frame)
Stop Loss: 4300
Wave Analysis
turnaround stock INDOSTAR CAPITALIndostar Capital Finance Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 4,248.40 Crore) operating in NBFC sector.
Indostar Capital Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Fees & Commission Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2024.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 352.07 Crore, down 10.72 % from last quarter Total Income of Rs 394.34 Crore and up 12.34 % from last year same quarter Total Income of Rs 313.39 Crore. Company has reported net profit after tax of Rs 31.68 Crore in latest quarter.
As on 30-09-2024, the company has a total of 13.61 Crore shares outstanding.
Indostar Cap. Fin. Share Price Today is Rs. 312.20 as on 06 Dec, 2024, 03:57 PM IST. On previous day, the Indostar Cap. Fin. Share Price (NSE) closed at Rs. 285.35, featuring among the most traded securities on the National Stock Exchange.
Ramco cements bullish triange flagRamco cements above 1010 super bullish and targets are intact as above. But ones it breaks 1010 1000 below then this analysis will be failed and it can take down turn to fill the triangle pattern. But that chances are low unless market takes bearish turn.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Interglobe Aviation -Way forwardInterglobe Aviation CMP:4256.50; RSI: 62.43.
Indigo results has been pretty decent and yet again beat the market expectations. Profit booking is seen immediately after that, which is good sign and good opportunity for those who doesn’t hold the shares yet, also a good price point to accumulate. Indigo is undoubtedly enjoying the monopoly scenario for another 1-2 year before TATA led Airlines gives a competition to the status quo . Chart analysis shown, Indigo is in 3rd Impulse wave and will take this script to a price point of 5550 before the FY24Q1 results . The traders can play the script for immediate target of 4754 (10% upside), while short term target of Rs 5120 is very possible in a months’ time.
While the investor should buy at current price with a stop loss of 3975 for a target of 5550.
If, the target of Rs 5550 is not met before the August first week, profit booking is advisable to all my followers and investors who are long in this script, as promotor ( Gangwal trust) may again look for reducing their stake in the airlines.
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ready for targets CMS INFO SYSTEMSMS Info Systems Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 8,379.45 Crore) operating in Services sector.
CMS Info Systems Ltd. key Products/Revenue Segments include Sale of services, Automated Teller Machines (ATM) and Sale of Products for the year ending 31-Mar-2024.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 638.20 Crore, up 4.46 % from last quarter Total Income of Rs 610.93 Crore and up 15.60 % from last year same quarter Total Income of Rs 552.07 Crore. Company has reported net profit after tax of Rs 90.92 Crore in latest quarter.
The company’s top management includes Mrs.Shyamala Gopinath, Mr.Rajiv Kaul, Mr.Rajiv Kaul, Mr.Jimmy Lachmandas Mahtani, Mr.Krzysztof Wieslaw Jamroz, Mr.Sayali Karanjkar, Mr.Tapan Ray, Mr.Pankaj Khandelwal, Mr.Debashis Dey. Company has B S R & Co. LLP as its auditors. As on 30-09-2024, the company has a total of 16.32 Crore shares outstanding.
CMS Info Systems Share Price Today is Rs. 513.50 as on 06 Dec, 2024, 03:56 PM IST. On previous day, the CMS Info Systems Share Price (NSE) closed at Rs. 515.85, featuring among the most traded securities on the National Stock Exchange.
Banknifty ready for new ATH but consolidation needed next weekDisclaimer -
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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty levels for next week buy on dip continuesly buy from 24350Disclaimer -
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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas sell on rise until 270 not break avoid any buy tradeDisclaimer -
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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude level for next week sell on rise @resistance buy 5600 nearDisclaimer -
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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver until 93700 not break sell on rise if break then buy 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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver in range if break 31.50 then buy only till sell on riseDisclaimer -
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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold mcx levels for next week sell on rise 2670 not break comex 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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold levels for next week sell on rise until 2670 not break 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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin buying given at 65000 before trump win 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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
CRUDEOIL 4HR ORDER BLOCK | LONG TRADEHi Trader,
This is crudeoil 4hr POI (point of interset) according to SMC (Smart Money Concept)
Buyers will come at this level. so i expect Buying from this level. 5636-26 After CHoCH (change of character) i will take trade with small SL..
Thank You..
If you Like my anaylsis so give like and Follow me..
Note- Only for education purpose..
BEML- Breakout updateBEML CMP: 4360.25; RSI: 67.40;
BEML has completed primary level ABC correction pattern. Now clear breakout above 4280 level was observed as script is sustaining above breakout level from last 3 consecutive trading sessions, representing strength in script and bottoming out signs.
Thus, fresh position in BEML can be initiated. Chart structure is strong and must be accumulated for a swing trade as per below suggested levels.
Accumulation Zone: 4300-4400
Stop Loss: 4280
Target: 4604-5052-6234
✅ FOR MORE TRADING IDEAS LIKE THIS, PLEASE LIKE, SHARE, AND FOLLOW MY IDEA STREAM ✅
TATAMOTORS - Eying for a pullback to 860-900 levels? Please note that we are looking at a meaning pullback only and not a trend reversal. Since this is 4th wave on larger degree and fell one way down, expecting complex correction pattern to play out on this counter over the next few weeks.
CMP: 783
TF: Daily
The impulse move from 63.5 has been halted at 1179 to complete the 3rd wave so far.
Stock has retraced the expected retracement level of 50% for the 4th wave (intermediate degree). Although it has room to go to 500 levels for the retracement, the ideal/expected pullback is 38% to 50% in most of the cases.
Price has been falling one way from 1179 in a staggered manner and slow grinding, and the structure is LL-LH.
We could either consider this pullback as ABC three wave down or 1-2-3-4-5 wave impulse.
In either case, the third wave down (C or 3) has extended much without any meaningful pullback.
I am expecting the price to test 900-920 levels before deciding the next trend.
Reason for the bounce?
MACD gave crossover signal, and am hoping for a pullback to 0 line.
Price went sideways and also negated LH-LL structure on Hourly TF.. if we dont break the lows, we have a good chance of a meaningful pullback
Why 900-920?
It is the 38% retracement level of the move from 11142 to 760
Anchored VWAP from 1142 is placed at 920
200 DMA is at 910
Cloud Bottom is at 910 (Daily)
On the way up, 850 could also pose a strong resistance (Super Trend, Cloud Base Line and 40 DEMA)
What if it falls further?
AVWAP from the recent swing low of 375 levels is placed at 747. I hope that could offer/stand a good support on the downside.
Closing below 770 on Daily TF will trigger the move towards next Fib level at 677
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Nifty AnalysisThe market is in uptrend while making Higher Highs and Higher Lows. Initially it taped into order flow before breaking and closing above Higher High, ie, conforming Break of Structure (BOS) and Higher Low (lowest point before making BOS).
After that, market mitigated order flow by sweeping inducement (pullbacks after BOS or possible liquidity zone areas) to make another Higher Low before another BOS.
As of now, it's in accumulation zone (zone before grabbing liquidity or Orders) to continue its uptrend.
NOTE : IT'S JUST AN OVERVIEW, AND WE CANNOT BE 100% SURE .
targets open in ICICI BANKICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 9,21,925.00 Crore).
ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2024.