Mahanagar Gas cmp 1300.20 by Weekly Chart viewMahanagar Gas cmp 1300.20 by Weekly Chart view
- Price Band 1145 to 1185 Support Zone
- Gap Down Opening Filled Up for fresh upside
- Stock is getting ready for fresh upside post testing retesting of the Support Zone and Gap Down Opening Filling Up Event is done
X-indicator
Natco Pharma's underlying stength is apparent I believe this is a good time to take position in Natco
- parallel channel bottom has been made
- fibonacci level bouncing in between 0.618 and 5
- price closing above red cloud as per ichimoku and retraced once.. the green cloud is visible at the end..
the signal seems loud enough to me
JSWENERGY - 200 HEMA and AVWAP to be clearedCMP: 683
200 Period EMA on hourly and AVWAP from the TOP are acting as resistance on this counter now.
A close above both on hourly with a follow-up/confirmation candle for one more hour (close above 690-700) will trigger further thrust to hit 750-770 levels..
On watchlist now. Awaiting breakout and retest.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Swiggy Ltd view for Intraday 12th Dec #SWIGGYSwiggy Ltd view for Intraday 12th Dec #SWIGGY
Resistance 535 Watching above 536 for upside movement ...
Support area 515 Below 530 ignoring upside momentum for intraday
Support 515 Watching below 514 or downside movement ...
Resistance area 535
Above 520 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
GOLD TRADING POINT UPDATE CPI ? > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade But today high News 🗞️ Of CPI USD Fundamental Analysis update 160.684. running Now Trading point DXY recover up trand 108:000. Gold already take if breakout short trend 📉📈 2703 Teach. Short recover quickly 2674 pullback up trend 📈 Next target we'll see 2722 That Fvg level. I think 💬 buyers will take care that level Breck out Next easy to see 🙈 2789 wait for CPI USD deita ? Focus analysis break and support level 💫
Now small target 2722
Fvg level back Short 2672
If breakout 2650 level analysis target 🎯 2536
Resistance level 2722+2789
Support level 2674 -2668 2613
Support 💫My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Bitcoin (BTC/USD) chart analysis
### **1. Chart Overview**
- **Symbol & Timeframe:** The Bitcoin (BTC/USD) chart on a 1-hour timeframe, using Heikin Ashi candles for smoother trend visualization.
- **Indicators:** The chart incorporates multiple indicators:
- Volume.
- MACD (Moving Average Convergence Divergence).
- RSI (Relative Strength Index).
- **Patterns & Levels:** Features such as support & resistance levels, a potential double bottom pattern, and trendlines are marked.
- **Current Price Action:** Bitcoin appears to be breaking out of a consolidation phase.
### **2. Key Chart Feature and Pattern Observation**
- **Double Bottom Pattern:** Two "Bottom" labels are highlighted, signaling a potential bullish reversal. This pattern is confirmed by the breakout above the neckline (pink horizontal line).
- **Ascending Trendline:** A rising trendline from the second bottom indicates bullish momentum.
- **Support & Resistance:**
- **Support Level:** Around $94,273.
- **Resistance Levels:** $98,338 (current breakout level) and $102,104 (target level based on pattern projection).
- **Bullish Divergence:** Observed in the MACD indicator, indicating weakening selling pressure and a potential upward move.
### **3. Indicator Analysis**
- **Volume:**
- Gradual increase during the breakout, confirming bullish activity.
- Higher volume bars on green candles support upward momentum.
- **MACD:**
- **Bullish Crossover:** The MACD line (blue) crosses above the signal line (red), suggesting a bullish trend.
- Positive divergence from price action indicates buying interest.
- **RSI:**
- RSI is rising and nearing overbought territory (~81). This suggests strong momentum, but caution is warranted for potential pullbacks.
### **4. Key Levels or Price Levels**
- **Support Levels:**
- $94,273 (recent bottom).
- $94,220 (marked low of the pattern).
- **Resistance Levels:**
- $98,338 (breakout zone).
- $102,104 (target level from double bottom pattern).
- **Volume-Based Levels:**
- Price reacts strongly to volume spikes near breakout and support zones.
### **5. Overall Summary**
Bitcoin shows clear bullish momentum, supported by:
- Double bottom pattern breakout.
- Increasing volume and bullish divergence on MACD.
- Strong upward RSI, although nearing overbought territory.
However, caution is necessary near resistance levels or in case of volume weakening.
### **6. Recommendation or Trading Strategy**
- **Long Entry:**
- Enter above $98,338 (confirmed breakout).
- Use Heikin Ashi candles to monitor trend consistency.
- **Target:**
- First target: $102,104.
- Extended target: Use Fibonacci extensions for further levels.
- **Stop-Loss:**
- Below $94,220 (below the double bottom structure) or the rising trendline.
- **Cautionary Note:** Monitor RSI for overbought signals and potential corrections.
### **7. Conclusion**
The current setup favors a bullish outlook, with a confirmed double-bottom breakout and positive indicators. Traders should ride the trend but remain cautious as RSI signals possible overextension. Adjust risk management accordingly and monitor volume for sustained momentum.
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Gold is in a strong uptrendOn the chart, gold is currently trading above both the 34 AND 89 EMAs, reinforcing the short-term uptrend. However, I see that gold has not broken out of 2,720. If it breaks out of here, the uptrend will be confirmed.
In addition, gold prices are currently fluctuating in the context of the Bank of Canada cutting interest rates. The European Central Bank (ECB) and the Swiss National Bank (SNB) will further cut interest rates later this week. From there, the market expects a third interest rate cut by the US Federal Reserve (FED) next week.
Another development is that investors have increased their purchasing power after China resumed buying gold. Especially when this country announced that it will apply a suitable monetary easing policy in 2025.
Therefore, gold is still considered a safe investment channel and tends to increase in an environment of increasingly decreasing interest rates.
Technical Analysis Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
Advance database trading Advanced trading strategies usually involve multiple technical indicators and more complicated instruments, such as options and futures. Why Not Buy Before the Dividend and
Results show that migration to a MongoDB database would be most beneficial in terms of cost, storage space, and throughput. In addition, organisations wishing to take advantage of autoscaling and the maintenance power of the cloud should opt for a cloud native solution.
NIFTY getting ready for Bulls (Buy on Dip)As we discussed in the last analysis, nifty is accumulating. It is expected to be bullish in upcoming sessions.
Impoartant support and resistance levels are on the chart.
If we look at the chart now:
The market is in the accumulation phase, and it can be bullish soon. The market is trading at 200 EMA (15 min TF), which is expected to provide support here. 24521 - 24830 is the mother candle zone and is expected to be a sideways or high volatility zone of accumulation.
The price is trading lower than EMA(13,50) and above EMA(200), which can be a good point of support.
If we look at the OI data:
PCR = 0.90 shows a bullish structure of the market. The market has good PE writing at 24500, which is going to provide good support. Also, it has more CE writing on the upper side at 24600 and 24700, which is going to provide good resistance on the higher side.
I am expecting
Case 1: Sideways in the range 24521 - 24830.
Case 2: if the market breaks 24521 to the downside - Bearish
Reason:
RSI < 40 shows a weak bull structure. (Bearish)
EMA(13, 50) > Price >= EMA(200), which indicates an indecisive or rather sideways market. The market might receive support at 200 EMA.
The market has given a good volume spike that shows this level is good support.
PCR = 0.8 indicates an upcoming bullish market.
Price < VWAP shows that a weak market structure can lead to a bearish market.
Verdict: Bearish or Sideways.
Plan of action:
Buy on dips for Bullish let the setup be formed.
Bharati Airtel Ltd view for Intraday 13th Dec #BHARTIARTL
Bharati Airtel Ltd view for Intraday 13th Dec #BHARTIARTL
Resistance 1600 Watching above 1604 for upside movement...
Support area 1570 Below 1590 ignoring upside momentum for intraday
Support 1579 Watching below 1579 or downside movement...
Resistance area 1600
Above 1585 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Perfect swing or positional trade setup in Kotak Mahindra BankHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought very short term trading analysis in banking stock, stock name is Kotak Mahindra Bank and now it is trading at 1773, i drawn a trendline which called upward support trendline and i found that Kotak mahindra bank is just trading at near to that trendline support range, so i am expecting that it should take a perfect support at these levels and then it shoud fly towards 1850/1890 levels. Reason for this target is previous swing which is almost equal to 6%, so i am expecting same targets as positional where probability is high we can get these levels in next 5-7 trading sessions. 1st and 2nd target can come within today or tomorrow.
So go with given levels, please follow strict stop loss because if something goes against to our analysis it will protect us from huge losses.
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.
GOLD TRDAING POINT UPDATE ? > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade list time poat analysis hit My target 2722 Fvg level if breakout up trand but rejected oderbolk going to back down trand Now Gold well recover it 2665 support level Traders close below 👇 that level next target 2607 2481 but I will see now 2665 ✊ wait for breakout. Following That Target 🎯 👏
Small target we'll See 2665
To recover it 2786 back down 👇
Resistance level 2718 + 2728
Support level 2671 -2665 2607 2481
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Hammer Candlestick Pattern Seen at bottom in Axis BankHello everyone i hope you all will be doing good in your life and your trading as well. Today i have brought axis bank analysis which is has formed Hammer candlestick pattern at bottom of Important support zone, Axis Bank Limited is a private sector bank. It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City
Market Leadership
- 3rd largest private sector bank in India
- 4th largest issuer of credit cards
- 19.8% market share in FY24
Branch Network
In FY24, Bank added 475 branches (125 in Q4FY24) to its network. At present, it has a total of 5377 branches, 16,026 ATMs and Cash recyclers. The region-wise breakup of branches is as follows:
Metro - 31%
Semi-urban - 29%
Urban - 23%
Rural - 17%
Loan Book
Retail loans account for 60% of bank's loan book and corporate 29% & SME loans 11%.
Retail Book
Home loans account for 28% of retail book, followed by rural loans (16%), LAP(11%), Auto loans(10%), personal loans(12%) , small business banking (10%), credit cards (7%), Comm Equipment (2%) & others (4%)
Market Share FY24
- Bank has 5.5% market share in assets, 5% in deposits & 5.9% in advances.
- 14% in credit cards circulation in India.
- 5.2% market share in personal loan.
- 4% RTGS, 30% NEFT, 38.9% IMPS Market share (by volume),20% Market share in BBPS.
- 11.4% Foreign LC Market Share.
- 8.4% market share of MSME credit.
Fundamental (Ratio) Analysis
- P/E ratio is 12.69
- P/E ratio is 12.69 which is lower than it's 5 years Average P/E 28.22
- D/E 1.46 has reduced as compared to last year's D/E 1.59
- ROCE is 14.16%
- ROCE 14.16% has increased as compared to last year's ROCE 9.26%
- ROE is 18.51%
- ROE 14.16% has increased as compared to last year's ROE 9.26%
- ROCE 14.16% is higher than 5 years ROCE average 9.19%
- ROE 18.51% is higher than 5 years ROE average 10.03%
- PEG ratio is 0.61
- Operating Profit Margin (EBITDA Margin) 8.82% has improved as compared to last year's OPM - 0.31%
- NPM is 23.4%
- Net Profit Margin (PAT Margin) 23.4% has improved as compared to last year's NPM 12.37%
- Annual Sales has grown by 28.94%
- Annual Profit has grown over by 143.91%
- 3 Years Sales CAGR is 20.96%
- 3 Years Profit CAGR is 142.38%
- Quarterly Sales has grown over by 15.26% YoY
- Quarterly Profit has grown over by 19.16% YoY
- Quarterly Profit has grown over by 14.87% QoQ
- DII have increased their stakes by 1.72% in the latest quarter (29.4% to 31.12%)
- Retail/Public have reduced their stakes by 0.91% in last 3 years
- Promoters + FIIs + DIIs hold 91.18% in the company
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.
Banknifty analysis for 13 Dec - Getting ready for BullsAs Banknifty is trading in the accumulating channel, the market is getting ready for the bulls.
If we look at the chart now:
The market is trading at the 1H-TF support 50-EMA. The Price is trading below the ema(13, 50) and above 200. EMA shows the market is in a sideways phase. The market might take support here, as it is at the lower level of the channel and 200 EMA (15-min TF)
Support levels : 53170, 200 EMA (15H-TF), 52906
Resistance levels : 53607, 53821, 54291
If we look at the OI data:
PCR = 0.9 shows bullish market behavior. There has been good PE writing at 53000, which is going to provide a good support level. Also, the upper side 53500 has good CE writing.
I am expecting the market to be bullish in upcoming sessions.
Reason:
market is accumulating in the channel-making flag and pole structure.
PCR = 0.9 shows that the Market is Bullish.
RSI 40-60 shows a sideways structure.
Price < VWAP shows the market is bearish right now.
Price is trading in the mother bar candle zone, which is going to be sideways.
Verdict : Sideways or Bullish
Plan of action:
Sideways: wait for the market to break out of the channel.
Inside the channel, you can channel range and play iron condor.
GOLD view for Intraday 13th Dec GOLD view for Intraday 13th Dec
Resistance 2600 Watching above 2600 for upside movement...
Support area 2200 Below 2200 ignoring upside momentum for intraday
Support 2300 Watching below 2400 or downside movement...
Resistance area 2650
Above 2700 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,