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Chart Analysis for Bajaj Finserv Ltd. (Weekly Timeframe)The stock is forming a bullish triangle pattern, a classic continuation pattern signaling potential upside. The price is respecting the ascending trendline, showing strong support near ₹1,700 levels, while the upper resistance line has been tested multiple times. This signifies increasing buyer strength. Key Levels to Watch: • Support: ₹1,698 • Resistance (Breakout Level): ₹2,050 • Target Price (Post Breakout): ₹2,336 (derived from the triangle’s height projection). • Stop Loss: ₹1,515 (below the trendline support). Short-Term Long Trade Setup • Entry: Around ₹1,700, once the price shows bullish confirmation (e.g., reversal candlestick patterns or high volume). • Target: ₹2,050 (short-term) and ₹2,336 (medium-term). • Stop Loss: ₹1,515 to manage risk effectively. Market Sentiment: The stock shows a bullish structure, supported by prior consolidation and breakout potential. Patience is key for confirming a breakout above ₹2,050 before expecting the measured move towards ₹2,336. DISCLAIMER- Please do your own research before investing in the market. This is for educational purposes only
NSE:BAJAJFINSVLong
by Trade_lyst
4
AMNPLAST Neckline Breakout 22% Upmove possibleHello, Traders! 👋 Welcome to my TradingView profile! 🚀 Here, I share my insights, strategies, and ideas to help you navigate the markets with confidence. Whether you’re a beginner or an experienced trader, I aim to provide valuable content to guide you on your journey. 🌟 What to Expect: • Detailed technical analysis 🛠️ • Market trends and forecasts 📈 • Educational tips and strategies 📊 • Interactive discussions in the comments 💬 📌 Follow me to stay updated on my latest analyses and market updates. 💬 Feel free to ask questions or share your own insights—I love connecting with fellow traders! Let’s conquer the markets together. 💪 Happy Trading
NSE:AMNPLSTLong
by SNJY-TreDng-IDas
DCI : Healthy candle Breakout 20% upmove possibleDCI : Healthy candle Breakout 20% upmove possible Hello Traders! 👋 Welcome to my TradingView profile! 🚀 Here, I share my insights, analysis, and trading strategies to help you navigate the markets with confidence. Whether you're a seasoned trader or just starting your journey, there's something here for everyone. 💡 What to expect: • Technical Analysis & Chart Setups 📊 • Market Updates & Trends 🌐 • Trading Tips & Strategies 🧠 • Interactive discussions and feedback 🤝 Your engagement means a lot to me! If you find my ideas valuable, don’t forget to like, comment, and follow. Let’s grow together and make smarter trading decisions as a community. 📩 Got a question or a suggestion? Feel free to drop a comment or message me. Happy Trading and Stay Green! 💰
NSE:DCILong
by SNJY-TreDng-IDas
02 Jan 25 -  Direct stance change from bearish to bullish--- Nifty Stance Bullish ⬆ In the last post mortem report, I did indicate the change of stance if Nifty goes above 24177. Nifty has a close of 24188 (weighted average) and 24167 (traded value) - so I cannot say with a 100% guarantee if we got a real close above 24177 or not. The 445 pts ~ 1.88% move today gives nifty a direct stance change from bearish to bullish (no neutral stance). We are up 409pts ~ 1.72% of which 445pts came today, which also means that the stance was bearish till the 2nd of Jan 2025. What happened today is beyond comprehension, I am almost sure that none of the traders were ready for the move like this. Nifty has moved 728pts intra week of which 445pts came today. The USDINR chart is also relevant here, especially the mega move once we got a governor change. I think this is an inflection point and a weakening rupee (no firefighting by the RBI) is good for inflows.  Returning to the Nifty report, a fall below 23931 will shift my stance back to bearish so it is pretty important that Nifty holds the level today. If we continue to go up the crucial resistance levels would be 24348 and 24547. I hope we do not go above 24650 for the current expiry. --- The change in regulations is hitting professional traders more than the entry level retail ones. SEBI's new set of rules was implemented to turn off the small traders and since most of them do the options buying, the impact is not that much. The professional traders on the other hand are really going crazy as the new margin requirements are not at all helping. When you take out the professional traders from the equation, they would prefer to trade on forex, crypto or the US options than the Indian counterpart. It is just a matter of time before we see the intellectual migration to the mother market. The whine and the roar on X is proof that influencers have started talking about alternate trading options. Personally, I feel if most of them get access to a stable market - they would not hesitate to migrate.
NSE:NIFTYLong
by viswaram
Gold trading Strategy for 3rd January 2025Trading Strategy Buy Condition Entry Point: Buy above the high of the 15-minute candle that closes above 2662. Ensure that the candle has fully closed before entering the trade to confirm the breakout. Targets: Target 1: 2670, Target 2: 2680, Target 3: 2699 Stop-Loss: Place your stop-loss below the low of the breakout candle or below a recent support level, depending on your risk tolerance. Sell Condition Entry Point: Sell below the low of the 1-hour candle that closes below 2647. Ensure that the candle has fully closed before entering the trade to confirm the breakdown. Targets: Target 1: 2636, Target 2: 2627, Target 3: 2621 Stop-Loss: Place your stop-loss above the high of the breakdown candle or above a recent resistance level, depending on your risk tolerance. Important Notes on Stop-Loss and Trailing Stop-Loss: Protect Your Capital: Always use a stop-loss to protect your trading capital from significant losses. Never trade without a predetermined stop-loss level. Secure Profits: As the trade moves in your favor and reaches the first target, consider moving your stop-loss to breakeven. For additional targets, use a trailing stop-loss to lock in profits while allowing the trade to run further. This can be done manually or by setting a dynamic trailing stop in your trading platform. Disclaimer: Risk of Trading: Trading in financial markets involves significant risk and may not be suitable for all investors. Losses can exceed your initial investment. Educational Purposes Only: The strategies provided above are intended for educational purposes and should not be interpreted as financial or investment advice. No Guarantees: Past performance is not indicative of future results. There is no guarantee that the strategies mentioned will result in profits or avoid losses. Due Diligence Required: Always perform your own analysis before entering a trade. It is essential to understand the technical and fundamental factors influencing the market. Seek Professional Advice: Consult with a licensed financial advisor or trading professional to ensure your trading activities align with your financial goals and risk tolerance. Use Risk Capital: Only trade with funds you can afford to lose. Avoid using money allocated for essential living expenses.
OANDA:XAUUSD
by ramkkyy
Banknifty analysis for tomorrow 03 JAN 25As we discussed, Bankanifty has been bullish today. If we look at the chart now: The market is trading at the resistance level. As the market has been very bullish today, it might have a consolidation tomorrow before the big bullish momentum to the upside. All important levels have been marked on the chart. Support levels : 50 EMA, 51123, 50650 Resistance levels : 51639, 200 EMA, 51442 (minor), 52408, . If we look at the OI data: PCR = 1.1, Which shows a good bullish market structure. 51500, 51000 has good PE writing, which will provide good support. On the upper side, 52000 has good CE writing, which is going to provide a good resistance level. I am expecting the market to be bullish in upcoming sessions. Reason: Price > EMAs shows a Bullish market structure. PCR = 1.1 shows that the market is bullish. RSI = 67, showing the bullish market structure. Price > VWAP shows the market is bearish right now. Verdict : Sideways or Bullish Plan of action: Sell 51600 CE and Sell 51600 PE (Hedge position) adjust according to the price action on given levels.
NSE:BANKNIFTYLong
by finnova_
NIFTY analysis for tomorrow 03 JAN 24As we discussed, the NIFTY has been in sideways accumulation phase, it has broken to upside. If we look at the chart now: The market is trading at 50 EMA (1D-tf) and 200 EMA (4H-tf) resistance levels. Also, the market has given good bullish momentum today. Tomorrow might be a small side day. Also, the market is trading near the resistance level, which is going to provide good resistance. Important levels and trendlines have been marked on the chart. Support levels: 200 EMA, 23950, 50 EMA (23800) Resistance levels: 24167, Trendline (PINK), 24330 If we look at the OI data: PCR = 1.2, which shows a good bullish structure in the market. The market has 24200 as max pain. As it is the very beginning of the weekly expiry, OI data is not going to play a very crucial role. Lower sides 24000, 23900, and 23800 have very good PE writing, so bulls are quite strong on lower levels. On higher levels, 24500 has good CE writing, which is going to provide good resistance. I am expecting The market is to be sideways unless it breaks the PINK trendline. Reason: RSI = 77 shows a bullish structure. (Bullish) - Price > EMA(13, 50, 200), which indicates a good Bullish structure. (Bullish) PCR = 1.2 indicates bullish direction in the market. Price > VWAP shows a good bullish structure in the market.   Verdict: Sideways or Bullish Plan of action: Sell 24200 CE and Sell 24200. PE holds it in the range. Exit one leg if it breaks to one side.
NSE:NIFTYLong
by finnova_
11
Sundarmfin Breaking OutNSE:SUNDARMFIN today broke out with RSI and MACD showing Buy Signal. Major Support and Resistance are shown on charts 📌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.
NSE:SUNDARMFINLong
by Karanshah137
Bajaj Finserv Ltd. chart analysis The chart of Bajaj Finserv Ltd. (NSE) on a Daily frame, showing price movement, volume, and two key indicators – MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index). It highlights price divergences, key support and resistance zones, and a potential bullish reversal. --- 🔍 Key Chart Feature and Pattern Observation: 1️⃣ Support & Resistance: - Support: ₹1,523.25 (blue horizontal line). - Resistance: ₹1,700.65 (magenta horizontal line). 2️⃣ Bullish & Bearish Divergence: - Bearish Divergence: Observed on the MACD during the price rise in August-September. - Bullish Divergence: Observed in December, indicating a potential trend reversal. 3️⃣ Volume Spike: - A significant volume increase during the recent price surge suggests strong buying interest. 4️⃣ Price Action: - The price has bounced off the support zone and is approaching the resistance zone. --- 📈 Indicator Analysis: 1️⃣ MACD: - Bearish Divergence: Previously indicated weakness, leading to a downtrend. - Bullish Divergence: Recently formed, suggesting potential upward momentum. - The MACD histogram has turned green, indicating positive momentum. 2️⃣ RSI: - RSI is currently at 33, suggesting it is recovering from an oversold zone. - A rising RSI supports the bullish sentiment. 3️⃣ Volume: - A spike in volume during the upward price movement signals buying strength. --- 📌 Key Levels or Price Levels: - Support: ₹1,523.25 - Resistance: ₹1,700.65 - Intermediate Resistance: ₹1,690.50 --- 📊 Overall Summary: - The chart indicates a potential bullish reversal supported by a bullish divergence in MACD and rising RSI. - The recent price surge, accompanied by high volume, suggests strong buying interest. - If the price sustains above ₹1,690.50, it could break through the resistance at ₹1,700.65. --- 📚 Trading Strategy: 1️⃣ For Long Entry: - Enter near ₹1,562.05 with a stop-loss at ₹1,523.25. - Target price: ₹1,700.65 2️⃣ For Short Entry: - If the price fails to break ₹1,690.50, consider shorting with a stop-loss at ₹1,700.65. 3️⃣ Confirmation Point: - Wait for confirmation with price action or candlestick patterns near key levels. --- ✅ Conclusion: The chart signals a bullish reversal with confirmation from the MACD bullish divergence and improving RSI levels. Traders can look for buying opportunities near support levels with proper risk management. A breakout above ₹1,700.65 will strengthen the bullish momentum further. 🚀
NSE:BAJAJFINSVLong
by ramumaurya
Railtel Corporation of India Limited daily chart analysis 📊 **Chart Overview** 📌 This chart is of Railtel Corporation of India Limited on the daily (1D) time frame. 📌 It displays price movements, volume, and key technical indicators such as MACD and RSI. 📌 A classic Head and Shoulders pattern is visible, indicating a potential reversal signal. 🟢🟢🟢 🔍 **Key Chart Feature and Pattern Observation** 1. **Head and Shoulders Pattern** 📌 The chart displays a Head and Shoulder reversal pattern with distinct Left Shoulder, Head, and Right Shoulder formations. 📌 The breakout level is near ₹440, marked by the neckline. 📌 The target after a successful breakout is around ₹617.80. 2. **Support and Resistance** 📌 Support Level: ₹360 📌 Resistance Level: ₹440 (Neckline of the pattern) 3. **Volume Spike** 📌 Noticeable increase in buying volume during the breakout attempt. 🟢🟢🟢 📈 **Indicator Analysis** 1. **Volume Indicator** 📌 A rising green volume bar indicates strong buying pressure as the price approaches the neckline. 📌 Volume is supporting the breakout move. 2. **MACD (Moving Average Convergence Divergence)** 📌 The MACD indicator shows Bullish Divergence, suggesting upward momentum. 📌 MACD line is crossing above the signal line, a bullish signal. 3. **RSI (Relative Strength Index)** 📌 RSI has also shown Bullish Divergence and is trending upwards. 📌 Currently, RSI is near the 50-60 range, indicating moderate bullish strength. 🟢🟢🟢 📌 **Key Level or Price Level** 1. Support: ₹360 2. Resistance: ₹440 3. Target Post-Breakout: ₹617.80 4. Immediate Support Post-Breakout: ₹422.25 🟢🟢🟢 📝 **Overall Summary** 📌 The Head and Shoulders pattern signals a potential bullish reversal if the neckline at ₹440 is decisively broken. 📌 Indicators like Volume, MACD, and RSI support the bullish sentiment. 📌 A strong upward momentum can be expected if the price holds above ₹440 with volume confirmation. 🟢🟢🟢 🛠️ **Trading Strategy** 1. **Entry Point** – Buy above ₹440 after a daily close above this level with good volume. 2. **Stop Loss** – ₹400 (Below the neckline). 3. **Target 1** – ₹480 (Short-Term Target). 4. **Target 2** – ₹617.80 (Medium-Term Target). 5. **Exit Plan** – If the price falls below ₹400, consider exiting the position to minimize losses. 🟢🟢🟢 ✅ **Conclusion** 📌 The chart indicates a strong bullish reversal signal supported by a clear Head and Shoulders pattern, rising volume, and positive indicator trends. 📌 Traders should watch for a decisive breakout above ₹440 with volume confirmation to enter a long position and aim for a target near ₹617.80. 📌 Patience and proper risk management are essential for maximizing gains. 🚀
NSE:RAILTELLong
by ramumaurya
Maruti Suzuki India Ltd daily chat analysis 1. Chart Overview 📈 This Maruti Suzuki India Ltd chart represents the daily price movement. On the NSE. It shows candlestick patterns alongside various technical indicators like MACD, RSI, Volume, and some custom overlays such as support and resistance zones. 2. Key Chart Feature and Pattern Observation 🔹 The price recently broke above a key resistance level, as indicated by the green candlestick and volume spike. 🔹 A triple-bottom pattern (Bottom 1, Bottom 2, Bottom 3) is visible, signaling a potential reversal and a bullish trend. 🔹 The background has alternating green and red highlights, likely reflecting trend strength or signal zones (bullish or bearish). 3. Indicator Analysis 📊 Volume - A significant volume spike coincides with the breakout, confirming strong buying interest. 📊 MACD (Moving Average Convergence Divergence) - The MACD line (black) has crossed above the signal line (red), confirming bullish momentum. - The histogram is transitioning from red to green, indicating a positive trend. 📊 RSI (Relative Strength Index) - The RSI is trending upwards and is around 39.74, suggesting the stock is leaving oversold territory. - It is yet to enter overbought zones, leaving room for further upside. 4. Key Levels or Price Levels 🔑 Support Levels - Immediate support at approximately 11,375, marked by the breakout point. - Stronger support near 10,725, as indicated by previous bottoms. 🔑 Resistance Levels - Immediate resistance around 12,000. The next key resistance is at 13,680 (as per the high marked on the chart). 5. Overall Summary 📝 The chart depicts a bullish breakout following a period of consolidation, confirmed by a triple-bottom pattern. Indicators like MACD and RSI support the bullish bias, while the volume spike adds further confirmation of market interest. 6. Trading Strategy 💡 For Buyers - Look for pullbacks near 11,375 for entry opportunities, with a stop-loss below 10,725. - Target 12,000 in the short term and 13,680 for a medium-term outlook. 💡 For Sellers - Wait for price rejection or a bearish divergence near 12,000 before considering short positions. 7. Conclusion 🚀 The chart signals a bullish breakout with strong confirmation from patterns and indicators. Traders can capitalize on this momentum while being cautious of resistance levels and broader market conditions.
NSE:MARUTILong
by ramumaurya
Lupin Breakout: A New Highs Journey Begins!Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have a Lupin stock which has caught the market's attention with a powerful breakout from its resistance zone. Backed by increasing volume and bullish momentum, this pharmaceutical giant is showing signs of a potential rally. Let's dive into the chart to explore the opportunities. 1. Chart Overview The chart appears to be for LUPIN LTD on a daily timeframe (1D). The key focus is on price action with clearly defined support and resistance zones. Indicators used include the RSI (Relative Strength Index) at the bottom of the chart. The price is currently trading at ₹2,311.35, up by +3.75% for the day. 2. Key Levels Highlighted Support Zone (Grey Band) The support zone is marked around the ₹2,000–₹2,100 level, acting as a base where buyers consistently step in. The price bounced off this zone multiple times, confirming its strength. Resistance Zone (Grey Band) The resistance zone is marked around ₹2,300–₹2,350, where sellers have historically prevented price from moving higher. The recent breakout indicates strong bullish momentum. Stop Loss (₹2,222) A stop loss is suggested at ₹2,222, slightly below the resistance zone. This is to manage risk in case the breakout fails and the price reverses. Targets 1st Target: ₹2,490 : This is a realistic level based on previous price action and the measured move. 2nd Target: ₹2,678: This is a more optimistic target if the price continues its uptrend. 3. Price Action Breakout: The price has broken above the resistance zone with strong bullish momentum, as seen by the large green candle and increased volume. This breakout suggests a potential continuation of the uptrend. 4. Volume Analysis Volume Surge: There is a noticeable increase in volume during the breakout, indicating strong buying interest. Volume confirmation is a good sign that the breakout is genuine. 5. RSI Analysis Current RSI: 71.94 The RSI is above 70, indicating an overbought condition. While this signals strong momentum, it may also suggest caution as a short-term pullback is possible. Previous Bearish Divergences: Marked in red, showing past instances where the RSI was high but price reversed. Bullish Confirmation: Marked in green, showing that RSI and price are aligned with the current uptrend. 6. What Does This Mean? The breakout above resistance indicates a potential shift in market sentiment, favoring buyers. The targets suggest significant upside potential, but the RSI warns of possible short-term profit booking. 7. Possible Outcomes Bullish Scenario: If the price holds above the resistance zone and sustains higher levels, it could move towards the 1st and 2nd targets. Bearish Scenario: If the price closes below ₹2,222 (stop loss), it may revisit the support zone around ₹2,000–₹2,100. 8. Suggested Actions Entry: On sustained breakout above ₹2,311 (current level). Stop Loss: Strictly at ₹2,222 to minimize losses. Profit Booking: Gradual booking at ₹2,490 and ₹2,678. Lupin has broken out of its resistance zone with strong momentum, signaling a potential uptrend. With solid fundamentals and technical confirmation, the stock looks poised for higher levels. Keep an eye on the targets and manage your risk with the defined stop-loss. Happy Trading! 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. Thankyou.
NSE:LUPINLong
by TraderRahulPal
7
ZOMATO - CUP & HANDLE - DAILY CHARTZOMATO - CUP & HANDLE - DAILY CHART. Zomato seems to be making C&H pattern, Hammer candle formation at support level, which may also serve as the low of handle. It is right above 50 ema. If it breaks the low of this Hammer then this pattern will not be valid, and it may take support at around 265 level. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
NSE:ZOMATO
by SatpalS