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Wave Analysis

Zomato- Chart Analysis - UpdateZomato CMP:259.95; RSI:62.38; Gap created on charts is re-claimed. Any intraday down-swing below the 245 should be brought till the level of 235. At this point the weak hands in the scripts are removed in last 2 -3 weeks of consolidation. This gives a good opportunity for re-entry into the stock. Re-entry-level: between 234 – 245 Near Term Target: 285-290; Target 1: 309 ( 2 months)- Strech target: 345 -370 Stop Loss-229 (on closing basis) ✅ For more trading ideas like this, please like, share, and follow my Idea Stream ✅
NSE:ZOMATOLong
by DrPrashantVerma
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 ✅
NSE:BEMLLong
by DrPrashantVerma
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
NSE:INDIGOLong
by DrPrashantVerma
TATA POWER - Short & Long Term View- Wave AnalysisTATA POWER CMP: 428.45; RSI: 50.05 TATA Power in Primary bull cycle & in mid of impulse wave-3 in weekly chart basis. This, Primary Impulse wave-3, should take the price to levels of 646 (1.618x) in next 8-10 month of time frame. While wave within the wave, on shorter time frame, on daily chart frame, its middle of intermediate corrective wave-4, which may retrace the price till 365 to 330 levels in coming 3-4 months. Value Buy level : 330-365; Accumulation zone: 330-390; Mid term target (Q1 FY: 25-26): 600-650 Long Term Target ( 3-4 Yrs): 850-900
NSE:TATAPOWERLong
by DrPrashantVerma
**Scenario for BTC**1️⃣ **Fundamental analysis:** 📊 Nonfarm data last weekend was good for the USD and impacted the interest rate cut policy. It is likely that we will have to wait until June for the next interest rate cut. 📉 Current market sentiment is affected by this information, plus the recent sharp increase in BTC price has made many people doubt the momentum to continue to increase to a higher price range. Therefore, the increase has temporarily slowed down. 2️⃣ **Technical analysis:** 🔹 **Week frame:** Last week closed not very optimistically when the price reacted badly at the resistance zone of 101k~104k. 🔹 **Frame D:** The price structure is also not good when there are 2 peaks with the latter peak lower than the previous peak. The price is approaching the support zone but there is no clear reaction, it is likely to adjust to a lower support zone. 🔹 **H4 frame:** Based on the Zigzag line, we can see the classic head-and-shoulders pattern. At this time, we should not catch the bottom when the price has created a lower peak, showing that the market sentiment is no longer interested in the possibility of BTC's price increase. 3️⃣ **Trading plan:** ✅ If you have a **SELL** order in a good position, congratulations! 🎉 You can absolutely wait for a better profit when BTC is likely to break the current support zone to reach the next support zone of 85~86xxx. ⛔ **Absolutely do not BUY** at the present time, when the price structure shows a short-term downtrend. 💪 **Wish you successful trading!** 🚀
COINBASE:BTCUSD
by TonyL0ng
BITCOIN ElliottWave for Y2025The current market phase appears to be in the final stages of a significant uptrend, with Bitcoin reaching a potential peak near $108,000. This aligns with the completion of the 5th wave in Elliott Wave theory. After this peak, a corrective phase is anticipated, which could result in a retracement of 50% or more from the top. Key levels to watch during the correction are marked by Fibonacci retracements: 86k (23.6% retracement): Initial support zone. 72k (38.2% retracement): A critical level where a bounce could occur. 61k (50% retracement): A psychologically significant level. 51k (61.8% retracement): A deeper correction target. The market may form a reversal pattern during this corrective phase, with potential sideways or downward consolidation lasting through 2025. Traders should remain cautious and watch for confirmation of trend reversals at these levels. #BTCUUSD #bitcoin
BINANCE:BTCUSDShort
by Elliottwave-Edge
Natural gas buy given at 330 , Book 37 points profit 367 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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
MCX:NATURALGAS1!
by JaiPrakashShuklaHarmonicTrader
1
Copper levels avoid any fresh buy at current price fall possibleDisclaimer - 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
Bitcoin ready for upmove Avoid sell until recent low 91500 breakDisclaimer - 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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
nifty FMCG INDEX View 13.01.25Nifty FMCG refers to the index of Fast-Moving Consumer Goods (FMCG) stocks that are part of the Nifty 50 stock market index in India. The Nifty 50 is a benchmark index comprising 50 of the largest and most liquid publicly traded companies on the National Stock Exchange (NSE) of India. FMCG is a sector that includes companies involved in the production, marketing, and distribution of consumer goods that are sold quickly at relatively low cost. These goods generally include food, beverages, personal care products, household goods, and other everyday items. ### Nifty FMCG Index Details The Nifty FMCG index is a subset of the Nifty 50 index, focused on companies in the FMCG sector. It represents the performance of the FMCG companies listed on the NSE. Some of the major companies included in the Nifty FMCG Index are: 1. **Hindustan Unilever Limited (HUL)** – One of the largest FMCG companies in India, involved in the manufacturing of products in the categories of personal care, home care, food and beverages. 2. **Nestle India** – Known for food and beverage products, including brands like Maggi, Nescafe, and KitKat. 3. **Dabur India** – A major player in the health, wellness, and personal care space. 4. **ITC Limited** – Known for products in the food, cigarettes, and personal care sectors. 5. **Britannia Industries** – Famous for biscuits and other food products. 6. **Colgate-Palmolive (India)** – A leader in oral care products like toothpaste and toothbrushes. 7. **Procter & Gamble Hygiene and Health Care** – Known for personal care products. 8. **Marico** – A company specializing in personal care and food products, including brands like Parachute and Saffola. ### Key Characteristics of Nifty FMCG Index: 1. **Stability and Growth** – FMCG companies are often seen as stable investments due to their consistent demand. These companies typically perform well even during economic downturns because their products are in continuous demand. 2. **Defensive Sector** – The FMCG sector is considered a defensive sector, meaning that it is less volatile compared to other sectors, such as technology or banking, as it caters to everyday necessities. 3. **Consumer Demand** – The sector thrives on consumer demand, and changes in consumer behavior, disposable income, and lifestyle trends can have a significant impact on the performance of companies in this index. 4. **Dividend Yield** – Many FMCG companies are known for paying regular dividends, making them attractive to income-focused investors. The Nifty FMCG index is considered an important indicator for tracking the health and performance of the FMCG sector in India, offering insights into consumer behavior and economic trends.
NSE:CNXFMCGLong
by TheGoldenFarmsofEquity
SBI bank until 765 not break downtrend will continue 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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:SBIN
by JaiPrakashShuklaHarmonicTrader
Hdfc bank levels 1615-1620 will come then bounce 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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:HDFCBANKLong
by JaiPrakashShuklaHarmonicTrader
CRUDE mcx levels, 6550 1st support until not break upmove will cDisclaimer - 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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
MCX:CRUDEOIL1!
by JaiPrakashShuklaHarmonicTrader
Silver mcx levels avoid any fresh buy until 93500 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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
MCX:SILVER1!Short
by JaiPrakashShuklaHarmonicTrader
Gold mcx levels until 78800 not break avoid 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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
MCX:GOLD1!
by JaiPrakashShuklaHarmonicTrader
Banknifty levels 47450-47400 support , 46600 trend final Target 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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:BANKNIFTY
by JaiPrakashShuklaHarmonicTrader
Nifty levels 22960 22660-22550 next support resistance 23700-800Disclaimer - 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 :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )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:NIFTYShort
by JaiPrakashShuklaHarmonicTrader
1
Nifty View 13.01.25The Nifty All Major Indices refer to key stock market indices that represent the performance of major segments of the Indian stock market. Here is a brief overview of some of the most notable Nifty indices: ### 1. **Nifty 50** - **Description**: The Nifty 50 is the benchmark stock market index of the National Stock Exchange (NSE) of India, consisting of 50 large, liquid, and well-established companies listed on the exchange. - **Sector Representation**: It represents sectors such as financial services, energy, information technology, consumer goods, etc. ### 2. **Nifty Next 50** - **Description**: The Nifty Next 50 index includes 50 companies that are next in line after the Nifty 50 in terms of market capitalization. - **Sector Representation**: It provides exposure to emerging and mid-cap stocks across various sectors. ### 3. **Nifty Bank** - **Description**: The Nifty Bank index tracks the performance of the 12 major banks listed on the NSE. It is a subset of the Nifty 50. - **Sector Representation**: It includes banks from public, private, and foreign sectors, providing insight into the Indian banking industry. ### 4. **Nifty IT** - **Description**: The Nifty IT index represents the performance of the Indian Information Technology (IT) sector, comprising 10 major IT companies. - **Sector Representation**: Key players in software development, IT services, and technology consulting. ### 5. **Nifty FMCG** - **Description**: This index includes 15 companies from the Fast-Moving Consumer Goods (FMCG) sector, which represents products that are in constant demand. - **Sector Representation**: Leading companies in food, beverages, personal care, and household products. ### 6. **Nifty Auto** - **Description**: The Nifty Auto index comprises 15 companies from the automotive sector, including manufacturers of cars, motorcycles, and auto components. - **Sector Representation**: Indian automotive giants like Maruti Suzuki, Tata Motors, etc. ### 7. **Nifty Metal** - **Description**: This index represents the performance of 15 companies in the metal and mining sectors. - **Sector Representation**: Companies involved in the production of metals such as steel, aluminum, copper, etc. ### 8. **Nifty Pharma** - **Description**: The Nifty Pharma index tracks the performance of the pharmaceutical and healthcare sector. - **Sector Representation**: Leading pharmaceutical companies like Dr. Reddy's, Cipla, and Sun Pharma. ### 9. **Nifty Realty** - **Description**: The Nifty Realty index tracks the performance of companies in the real estate sector. - **Sector Representation**: It includes both residential and commercial property developers and construction companies. ### 10. **Nifty Consumer Durables** - **Description**: This index represents companies involved in manufacturing consumer durable goods. - **Sector Representation**: Companies producing appliances, electronics, and durable goods like refrigerators, air conditioners, etc. ### 11. **Nifty Energy** - **Description**: The Nifty Energy index tracks the performance of companies in the energy sector, including those involved in oil, gas, and power generation. - **Sector Representation**: Key companies in energy production, renewable energy, and natural resources. ### 12. **Nifty Infrastructure** - **Description**: The Nifty Infrastructure index represents the performance of companies that are part of India’s infrastructure sector. - **Sector Representation**: Includes firms in construction, engineering, and project development. These indices provide investors with a clear view of how different sectors and segments of the Indian economy are performing, allowing for targeted investments in specific areas of interest.
NSE:NIFTYMIDSML400
by TheGoldenFarmsofEquity