ICICI Bank Ltd view for Intraday 6th Jan #ICICIBANK
ICICI Bank Ltd view for Intraday 6th Jan #ICICIBANK
Resistance 1275 Watching above 1277 for upside movement...
Support area 1240 Below 1260 ignoring upside momentum for intraday
Support 1240 Watching below 1237 or downside movement...
Resistance area 1275
Above 1250 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
X-indicator
HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
Resistance 1765 Watching above 1767 for upside movement...
Support area 1740 Below 1750 ignoring upside momentum for intraday
Support 1740 Watching below 1737 or downside movement...
Resistance area 1765
Above 1750 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Lupin Ltd view for Intraday 6th Jan #LUPIN
Lupin Ltd view for Intraday 6th Jan #LUPIN
Resistance 2400 Watching above 2406 for upside movement...
Support area 2310 Below 2360 ignoring upside momentum for intraday
Support 2310 Watching below 2297 or downside movement...
Resistance area 2400
Above 2330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
POSITIONAL TRADE WITH EXPECTED 70% GAIN >>>> PLEASE AVOID FNO REPOSTING AS FRESH IDEA
EARLIER POSTED ON Dec 22, 2024
LUPIN
LTP 2150
Rounding Bottom / ARC Formation
It might come down till 1900 & 1600
To form Cup & Handle
So its add on dips
with Indicative SL CLB @ 1490
Target till 3600
PLEASE DONT TRADE UNDER FnO
Don't miss to Boost this idea
For more info - Plz visit my profile & follow me
Rgds,
Naresh G
Sebi Reg. RA
ITI Getting Accumulated HeavilyNSE:ITI is getting Accumulated Heavily with Volumes since the Past 3 Breakouts I have given trade ideas earlier. It looks like this pattern will continue after it cools down again.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BONK Breakout Looks Strong so Targeting Huge 500% Jump! Big SEED_DONKEYDAN_MARKET_CAP:BONK Move Coming: Breakout Looks Strong so Targeting Huge 500% Jump! 🚀
SEED_DONKEYDAN_MARKET_CAP:BONK shows a strong bullish breakout and retest above its weekly support at $0.000030. If this level holds, we could see an explosive 500% move from the accumulation zone: $0.000033-$0.000029.
➡️ Target: 500%
➡️ Stop Loss: $0.000024 or weekly close below $0.000028
➡️ Already 350% gave From Previous Analysis
⚠️ Note: Memecoins are highly volatile with high risk/reward. Always DYOR—this is not financial advice. Get ready for a market reset and potential rally!
Gold Price Action Key Points Gold Price Action Key Points
Small bodied candles at current levels indicating indecision
Previous strong green candles with good bodies showing buyer conviction
Recent red candles haven't created significantly lower lows, suggesting controlled selling
Key breakout level above: 2,671
Critical support zone: 2,633-2,640,This is currently acting as a solid floor and has been tested multiple times recently
Volume Analysis:
Increasing volume on upward movements
Lower volume on pullbacks, suggesting less selling pressure
Overall : The price action suggests a bullish bias with controlled pullbacks and strong support levels and The overall structure remains bullish as long as price stays above the marked support zone , On breakdown the support we have to wait for confirmation from lower levels on breakdown 2,602 ( S1) - This could act as a secondary support if we see a pullback.
Tata Elxsi: Consolidation Phase with Positive Earnings Support Level: The stock has established monthly support at ₹5,900.
Accumulation Zone: Recent market activity indicates minor accumulation around the ₹6,300 mark, suggesting potential investor interest at this price point.
Consolidation Period: Since October 2022, Tata Elxsi's share price has been consolidating, trading within a defined range without a clear upward or downward trend.
Earnings Performance: In Q2 FY2024-25, Tata Elxsi reported a 14.7% increase in net profit to ₹2.29 billion, surpassing analyst expectations. Revenue from operations rose by 8.3% to ₹9.55 billion, driven notably by a 16% year-on-year growth in the transportation segment, which secured a $50 million multi-year contract with a European company. -Reuters
The ongoing consolidation phase, coupled with strong earnings and sector-specific growth, positions Tata Elxsi as a stock to watch. Investors should monitor for a breakout from the current range, supported by sustained earnings growth and sectoral performance, to gauge future price movements.
Nifty key levels for 06.01.2025Nifty key levels for 06.01.2025
If nifty breaks the upper or lower range we can expect the momentum. Consolidation zone will be favour to option sellers. Either side breakout will help option buyers.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
United Spirits Ltd. rounding bottom pattern breakoutThe daily chart of United Spirits Ltd (NSE: UNITDSP) shows a strong bullish setup with a confirmed breakout from a textbook rounding bottom pattern, with the neckline resistance at ₹1,700. The breakout, accompanied by high volume, suggests bullish momentum, although the RSI at 76.54 indicates overbought conditions, hinting at a possible minor pullback or consolidation. Traders can consider an aggressive entry near ₹1,700 or wait for a potential retest around ₹1,650–₹1,680, which serves as a strong support zone. Targets for the upside include ₹1,800 in the short term and ₹1,950–₹2,000 in the medium term, based on the pattern's height projection. A stop-loss should be placed at ₹1,620 to manage risk effectively, ensuring the risk per trade remains within 1-2% of capital. While the MACD remains bullish and the breakout is confirmed, caution is advised due to the overbought RSI and potential broader market influences.
REVERSAL IN $NSE:CARTRADE ?The stock has formed a base and has broken out of it on the weekly chart. One can look to enter once it breaks 899.65 i.e the previous weeks high for confirmation or wait for it to retrace to the levels of 750-800 since it has already moved more than 25% in the previous week. The targets that can be seen are 990-1150-1300 on a positional basis with a sl of 690 on a weekly closing basis.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Harsha Engineers cmp 520.15 by Weekly Chart view since listedHarsha Engineers cmp 520.15 by Weekly Chart view since listed
- Price Band 459 to 473 Support Zone
- Price shouldering the Rising Support Trendline
- Falling Resistance Trendline Breakout sustained
- Support Zone Testing Retesting has been completed
- Volumes spiking intermittently by demand based buying
- Back to Back Rising Twin Bullish Rounding Bottoms completed
CAPITALSFB READY TO GAIN TRUST "Vishwas se Vikas tak"Hello, Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock of a small finance bank ltd. CAPITALSFB is the name of the stock. CMP is 286. Its all-time low is 270. can count as stoploss and all time high is 469. Strong support at 270. Strong Resistance at 300. If it breaks and close above 310 then Upside target as per Fibbo 350, 370, 390, 420 and 470.
Just an assumption. Please do you research. Not a suggestion of buying.
Source: Screener.in
Capital Small Finance Bank Ltd
About
Incorporated in 1999, Capital
Small Finance Bank Ltd is India's
first Small Finance Bank
Key Points
Business Overview:
CSFBL started as a local area bank and converted to a Small Finance bank. It extends agriculture loans including kisan credit card (KCC) loans, mortgage loans, housing loans and Micro, Small and Medium Enterprise (MSME) loans to middle income individuals.
Asset Quality:
99%+ of their advances are secured due to which they have been able to keep their asset quality under control with gross non-performing assets ratio remaining below 3% over the last five years, with minimal write-offs
Advances Book:
In FY24, their advances stood at Rs. 5,634 crore with overall 40,000 customers. Agriculture lending was 37% of advances, in the form of KCC and term loan.
The average ticket size for agricultural loans is Rs, 12 lakh and lending rate is ~12%. Rest of the loan portfolio consists of MSME loans with an average ticket size of Rs. 18 lakhs and lending rate of ~11%, contributing ~20% to their loan portfolio along with Mortgage Loans contributing ~27% to their advances with an average ticket size of ~Rs. 12 lakhs and lending rate of ~12%
Retail Loans & Deposits:
Their focus is on retail segment for loans and deposits. Retail advances form ~74% of the total gross advances, and retail deposits form ~97% of total deposits. Average roll over is ~90% for term deposits
Loan Portfolio:
Agricultural ~Rs. 2,293 Crore,
MSME, and Trading ~Rs. 1,182 Cr,
Mortgage Lending ~Rs. 1,624 Cr,
Large Corporate Loans ~Rs. 566 Cr,
Others ~Rs. 495 Cr
Deposit Portfolio:
Savings A/C ~Rs. 2,607 Cr.,
Current A/C ~Rs. 256 Crore,
Term Deposits ~Rs. 4,614 Cr
Services Offered:
a) Loan Portfolio:
Agricultural (Kisan Credit Card, Agricultural
Term Loan), MSME & Trading (CC/OD/WCTL, Project Loan, Machinery Loans), Mortgage (Housing, Loan-against-property), Others
(Gold loans, Auto loans Consumer durable
loans, Personal loans, Corporate loans)
b) Deposit Portfolio:
Savings Account (Capital Savings &
Capital Super Savings A/c), Current
Account (Capital plus Current Account
Capital flexi A/c), Term Deposits (Short
-Term Deposit, Cumulative Deposit,
Monthly Interest Deposit, Tax Saver
Accounts), NRE/NRO Accounts
c) Fee-based Products:
Insurance Products, Forex Services,
Money Transfer Services, Safe Deposit
Lockers, 3-in-1 Demat & Trading Account
d) Other Services:
Branches, ATMs, ATM cum Debit Cards,
Internet Banking, Mobile Banking (Capital Mobile+), Mobile Passbook (Capital Mobile Connect)
Geographical Presence:
Company has 180 branches in 40
districts and 7 states & UTs including:
Punjab ~154, Haryana ~16, Rajasthan
~3, NCR ~3, Chandigarh ~2, Himachal Pradesh ~1, Jammu & Kashmir ~1
Rural-Urban Mix:
Rural Areas ~41%, Semi-Urban Areas ~34%, Urban Areas ~25%
Revenue Breakup - FY24:
Interest on advances/bills ~72%, Income on investments ~13%, Interest on balance with Reserve Bank of India and inter-bank funds ~6%, and Commission, exchange, and brokerage ~7%, Other Income ~2%
Change of KMP:
M/s T R Chadha & Co. LLP resigned
as the Statutory Auditors and were
replaced by M/s SCV & Co. LLP on
July 23rd 2024
This is just to boost my confidence. No Suggestions for buying.
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.