X-indicator
#SARDAENFundamentals:
* ROCE - 15.3%, ROE - 14.1%. Debt to Equity - 0.48
* EPS / Revenue - has been steadily increasing
* FIIs - Have marginally increased holding from 2.28% to 2.66%
* Retail holding levels have gone down
* Promoter holding has remained steady
* Mutual Funds have increased stake
Technicals:
* Price is consolidating and has started to form a higher low pivot structure
* Forming some mini cup patterns under a larger Cup pattern
* Volumes have subsided indicating silent accumulation by Instituitions
* Relative strength is strong / Momentum indicates build up / ADR is 5.2% and indicating up move
* Weekly chart shows clear signs of consolidation and a potential double bottom move.
* In weekly chart we can see a prior up move of ~70% and pull back of 20% only
The last two days have seen sellers taking control at the end of the day. This has led to creation of wicks.
It will be prudent to take a pilot position and then gradually start adding as price crosses highs of earlier two days and consolidates.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
Britannia at support Britannia CMP 4831
Correction in my previous post:
Elliott- the two corrective waves 2nd and 4th are related to each other by time (1 : 2.618). This means roughly that they cant be more than 3 times of the other.
The A wave of the correction is done.
RSI - the change in the oscillation of RSI from bear to bull is telling me this zone is very good buy.
Conclusion - one can wait for one firm candle to buy. Its best to confirm ur view point and then act.
#Gabriel#Gabriel is looking good both from Fundamental and Technical perspective. Additionally the market appears to be stabilizing a bit. This can be a good positional trade in which recommend taking gradual positions.
Please note, these are purely my analysis and just do not copy them as is.
All the best!
#REDINGTONRedington is showing signs of break out. The technical and fundamentals are both looking good. If interested, wait for some pull back and then move enter to gain a tight SL.
Disclaimer - These are not buy or sell recommendations. I am simply analysing and publishing my ideas. Please do your Due Diligence.
#TIMETECHNOFundamentals:
* ROCE - 15.6%, ROE - 12.5%. Debt to Equity - 0.29
* EPS / Revenue - has been steadily increasing
* FIIs - Have increased stake this quarter from 6.69% to 7.64%
* Retail holding levels have gone down
* Promoter holding has remained steady
* Mutual Funds have increased stake
Technicals:
* Price is bouncing from a historical support zone which was earlier a resistance zone
* Only concern is that the bounce from support zone has been traditionally sharper than present bounce
* This warrants a cautious entry strategy with gradual exposure
* Tight entry can be taken considering candles are small and surfing the 10 / 20 DMA
* Weekly charts are not indicating anything significant
* Price is just below the 50% retracement and requires good volume to push through
* RS is strong / Momentum can pick up / ADR is 6.6% and increasing
I published this chart so that it can be kept in radar. At this point in time I don't think this is lining up for fast moves.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
#FSLFundamentals:
* ROCE - 15.4%, ROE - 14.6%. Debt to Equity - 0.58
* EPS / Revenue - has been steadily increasing
* FIIs - Have reduced stake this quarter which has been picked up by DIIs and MFs
* Retail holding levels have gone down
* Promoter holding has remained steady
Technicals:
* On Weekly Charts, bounce of 20 WEMA is visible
* On daily charts, price is trying to push through the 10 DMA.
* RS is strong / Momentum is picking up
* ADR is presently at 5.1% however this is somewhat slowing down for now.
* Price is trying to breach 50% retracement but the volumes are low.
* For the above points, gradual position building is suggested.
* Low risk entry possible as the candles are fairly low range.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
ETHUSD Short Strategy:
ETHUSD Short Strategy:
Entry: 2,679 - 2,692
Stop Loss: 2,760
Target 1: 2,600
Target 2: 2,463 - 2,460
Expected timeframe: Target before early next week
Additional strategy: If the price retraces to 2,720 - 2,740, consider adding to the short position.
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#BAJAJFINSVFundamentals:
* ROCE - 11.7%, ROE - 15.3%. Debt to Equity - 4.66 (Financial companies have higher debt considering debt is their inventory)
* EPS / Revenue - has been steadily increasing
* FIIs - Have reduced stake this quarter which has been picked up by DIIs and MFs
* Retail holding levels have gone down
* Promoter holding has remained steady
* Please note, the ROCE/ROE is not that great but this stock is a decent performer and tends to grow
Technicals:
* Cup and Handle in a larger consolidation phase which can lead to Phase 2
* Price is surfing the 10 DMA
* RS is strong / Momentum is picking up
* ADR is below 4 which can make this a slow moving stock
* On weekly chart, the price is extended beyond its 10 WEMA hence a cautious exposure is advised
* Price breached the 61.8% Fibo levels with strong volume and now retesting
* Low risk entry possible
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
GOLD chart analysis for Friday 21 Feb 25 Session 15M TFGold got the closing at the last trading session at 2939.59 it's near Support Zone is 2930 - 2933 price should move to this level to take support then it should go for its previous high which is 2954 and it is the target we should think about if market goes the way i told beacuse it's last day of the week and many people closes positions they're holding , another scenario is if price breaks first support and goes to major support for the day which is 2918.71-2924 level we should wait for clear confirmation without FOMO if want to enter at dip buying beacuse in case this major support breaks then it'll dump to 2900 with ease .
USOIL Chart analysis for Friday 21 Feb 25 Session 15M TFUSOIL last session closing was at 72.578 and made a high of 73.123 after studying it in higher TF i think if price comes downward then it's First Support Range is 72.188-72.343 if this range works as good support then we can see price upward movement from this range of support if it'll not sustain then Major Support Range is 71.791-71.952 it is good support it should sustain the price if it comes towards it in case it breaks then we can see bearish movement for the day , these support levels should work if we take a look in higher TF and our Trend Reflector also indicates bullish sentiment look for reversal price action if price comes to these levels , in case it breaks resistance zone of 73.000- 73.123 then we may get the level of 73.750 which is the next resistance , it's very clear look for bullish entry until major support breaks, it seems bullish for the day.
$AMZN is oversold on the daily The past few times NASDAQ:AMZN has been oversold on the daily have proven to be great entry points. We are close to a possible support line and could go even a little further to touch the 100 SMA (white line). I am starting to accumulate NASDAQ:AMZN shares as well as April 17 220 calls @ $7.95
If it does drop further I would look to add at the 100 SMA. However, I do think we could see a bounce soon. It's also around a 30 forward PE at these levels.
XAUUSD as said earlier until 2917 not break uptrend continue How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st D point : 0% is recent top or bottom.
Trailing SL: 20.2% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 20.2% then early or risky traders can reversal trade ,
Targets :
Target T1 : 28.3%
Target T1 : 37.8 %
Target T3 : 48.1%
T3: 60.2% to 66.9 % is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Next Targets are 77.5 % , 88.1 % 100% , 113.5 % , 127.3% , 141.2% and 160.2 , 177.5. final Target 200%
160.2 to 177.5% if profit booking area so book full profit and wait for reversal.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 20.2 % or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 10.1% ) is used for re-entry then SL recent high or low Point D ( 0% ) .
Target is same as early 20.2% , 28.3 , 37.8 and so on
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Nifty 50 spot 22795.90 by the Daily Chart viewNifty 50 spot 22795.90 by the Daily Chart view
- Nifty 50 Index 22775 to 22950 Support Band is yet sustained
- Long shot deep Support Zone seen at 22125 to 22350 which for now seems bit (un)likely by current technical chart status setup
- Just a flag to highlight : Nifty Index had dipped up to 22720 in recent past few days and similar levels was Resistance Level in April 2024 for 23K Index target
- Few of the Gap Ups and Gap Down openings, yet are remaining to get closed and filled in below the Old Long Shot Support Zone at 22125 to 22350 for Nifty Index levels
Bank Nifty spot 48981.20 by the Daily Chart viewBank Nifty spot 48981.20 by the Daily Chart view
- Repeat Bottoms formed over the past few days 47525 to 48810 Index level
- Bullish "W" Double Bottom has been formed at Support Zone Index Band and is sustained
- Few Gap Up and Gap Down openings remain to get closed below Support Zone 47850 to 48075 for Bank Nifty Index Band levels
Nifty SmallCap 250 spot 14683.40 Index seen by the Daily Chart vNifty SmallCap 250 spot 14683.40 Index seen by the Daily Chart view
- Year Old Support Zone 13900 to 14100 Band
- Support Zone 14450 to 14675 Band briefly stayed as a Resistance Zone
- 3rd Rising Support Trendline too was broken down by ongoing heavy sell off
- Few Gap Up Opening remain to be closed and filled in below Year Old Support Zone
Nifty Midcap 150 Index spot 18681.35 by Daily Chart viewNifty Midcap 150 Index spot 18681.35 by Daily Chart view
- Support Zone 17875 to 18225 Index Band
- Midcap Index dipped up to 17934 within Support Band range on 17-Feb-2025 and reversed
- Resistance Zone at 19425 to 19725 Index Band is the next level to crossover for sustained upside
Gold (XAU/USD) Potential Reversal from Key Support ?Gold (XAU/USD) has grabbed liquidity near the 15-minute support level and is showing signs of a potential reversal. The price has respected a downward trendline near the all-time high, but with liquidity taken and consolidation forming, a breakout to the upside is likely.
Key Factors:
Price rejected from a strong support zone around $2,915 - $2,924.
Liquidity grab on the 15-minute timeframe, suggesting a potential bullish move.
Downward trendline breakout could trigger momentum to the upside.
Risk-to-Reward: Minimum 1:2 setup with a stop-loss below the support zone and take-profit near the next resistance level.
Fundamental Bias: Uncertainty in the market due to tariffs and economic news adds confluence.
LMK your thoughts in comments below. 🚀📈
"Analyzing Nifty 50: Support, Resistance, and Trade Insights"Let's take a look at the Nifty 50 chart to analyze current support and resistance levels, and whether it's a good time to consider a bullish trade or if the market might drop further.
Currently, the Nifty 50 is showing a downtrend, forming lower highs and lower lows. This suggests that the market is struggling. However, there is a bottom trend line that supports the index quite well. Despite this, recent heavy selling by Foreign Institutional Investors (FIIs) means we haven’t seen a clear reversal pattern yet. Right now, the market is consolidating near this trend line.
For the Nifty to turn bullish, we would need to see a strong buying moment . We hope the index doesn’t fall below this trend line, but if it does, we could see a drop of several hundred points.
At this point, it might be wise to hold off on making any trades until we have clearer confirmation of market direction. For those considering a bullish position, a sensible stop-loss would be below 22,700 .
Please remember, this is for educational purposes only. Make sure to do your own analysis before making any trades and don't just follow someone else's advice blindly.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in RELIGARE
BUY TODAY SELL TOMORROW for 5%
Mahindra & Mahindra Date : 21.02.2025
Mahindra & Mahindra
Timeframe : Day Chart
Key Points :
Good profit growth of 121.66% for the Past 3 years.
Good revenue growth of 30.31% for the Past 3 years.
Has significantly decreased its debt by 3,058.84 Cr.
Maintaining healthy ROCE of 20.26% over the past 3 years.
Virtually debt free.
Healthy Interest coverage ratio of 53.72.
Company’s PEG ratio is 0.49.
Has an efficient Cash Conversion Cycle of -35.20 days.
Has a good cash flow management; CFO/PAT stands at 1.66
Current Impact :
1 Tesla entry in India amid huge expansion of M&M in EV segment is hurting sentiment
2 Tariff on imported EV slashed 100% to 15%
Regards,
Ankur