A rally to exitSenco CMP 1028
Inverted V- that's a directional signal and preparing you in advance, that the fall has just begun.
Fib- the stock is at fib and trendline support. Hence a rally from here is very likely. In my view 1259 is a high probability from here.
Elliott- The A leg of the correction has 5 waves hence this is the first leg of the 3-wave correction. The B wave can go all the way to 1400.
Conclusion- since I can see the Inverted V I will not want to push my luck. In my view one should book it around the 1260 zone.
X-indicator
ASHAPURMIN is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Dec 2023 to Jan 2025 Tested Resistance Many times.
* It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
IRFC at a Crossroads: Breakout or Breakdown?
Hey everyone! Let’s dive into an updated analysis of IRFC based on the latest weekly chart and recent price movements. There’s been some interesting action, and here’s what I’ve observed:
Current Status of the Stock
Price: ₹144.87
The stock saw a strong weekly bounce from the ₹127–₹140 zone, forming a solid green candle. This move indicates renewed buying interest, especially as it rebounded from a critical demand zone.
Trend:
After the breakout from the descending wedge earlier, the stock entered a consolidation phase. However, this bounce near a major support zone is a promising signal for potential trend reversal.
Key Levels to Watch
Support Zones:
₹140–₹144:
This has been a strong demand zone, tested multiple times. Bulls are clearly defending this range, and it’s crucial for the stock to hold here.
₹127:
This was a key support during previous corrections, and it remains a safety net if ₹140 breaks.
₹125–₹130:
The ultimate support range, aligning with the Fibonacci pivot S2 level. If this breaks, we could see significant bearish momentum.
Resistance Zones:
₹147–₹153:
This is the immediate hurdle. The stock has struggled to close above ₹147, and breaking this range would confirm bullish momentum.
₹160–₹165:
A medium-term target, aligning with the 200-day SMA and a strong resistance zone historically.
₹180:
If the stock sustains bullish momentum, this becomes a long-term target.
Technical Indicators Breakdown
MACD (Weekly Timeframe):
The MACD line is still below the signal line, which means bearish momentum isn’t entirely out of the picture yet.
However, the histogram is showing shrinking red bars, indicating that bearish pressure is weakening. A bullish crossover could be around the corner, which would confirm medium-term strength.
RSI (Weekly Estimate):
RSI seems neutral right now (likely in the 40–50 range), suggesting consolidation. If it moves above 50, that would further validate bullish momentum.
Candlestick Patterns
This week’s candle is very bullish, with minimal downside wick. It shows buyers have stepped in strongly at lower levels. That said, the slight upside wick near ₹146 indicates resistance around this level.
Next week will be critical—if we get a continuation candle above ₹146–₹147, it could confirm a breakout and bring strong upward momentum.
Possible Scenarios
Here are the three likely scenarios for IRFC in the coming weeks:
1. Bullish Breakout:
If the stock sustains above ₹147:
Target 1: ₹153
Target 2: ₹160–₹165 (medium-term)
Target 3: ₹180 (long-term)
Confirmation Signals:
A weekly close above ₹147.
Volume spike.
MACD crossover in the weekly chart.
2. Bearish Breakdown:
If the stock breaches ₹140:
Target 1: ₹130 (Fibonacci S2 level).
Target 2: ₹125 (critical support zone).
Warning Signs:
A bearish weekly candle.
Increased selling volume.
MACD divergence widening on the downside.
3. Sideways Consolidation:
If the stock remains range-bound between ₹140–₹147:
Expect more accumulation within this range.
Breakout direction will define the next move.
Trading Strategy
For Bulls:
Entry: Wait for a confirmed breakout above ₹147 with strong volume.
Targets: ₹153, ₹160, ₹180.
Stop Loss: Below ₹140.
For Bears:
Entry: Look for a decisive breakdown below ₹140 with bearish candles.
Targets: ₹130, ₹125.
Stop Loss: Above ₹147.
For Neutral Traders:
Accumulate in the ₹140–₹144 range. This is a strong demand zone and could provide a good risk-to-reward setup for a breakout trade.
My Take
The current price action around ₹144 looks like the stock is setting up for a bigger move. If it can sustain above ₹147 next week, we could see a rally toward ₹160 and beyond. On the flip side, a break below ₹140 would invalidate the bullish setup and take the stock into deeper correction territory. Let’s keep an eye on volume and how the weekly MACD behaves in the coming sessions.
What do you all think? Let’s discuss!
Mazagaon Dock Shipbuilders -Bearish Trend Analysis (post split)Mazagaon Dock Shipbuilders – Bearish Trend Analysis
Key Observations: Stock Split Impact: Post-stock split, prices typically adjust to half their swing high, and profit booking has led to a 10-16% correction from recent highs.
Current Trend: A clear downtrend is visible, with lower highs and lower lows forming.
Trade Setup:
Entry Zone: ₹2,236.75
Stop Loss: ₹2,344.95
Targets:
TP1: ₹2,064.15
TP2: ₹1,990.50
TP3: ₹1,934.15
( Reward / Risk = ₹302.60 / ₹108.20 = 2.80:1 )
This means you are risking ₹1 to potentially gain ₹2.80, which is a favorable ratio for this trade.
Disclaimer:
This analysis is for educational purposes only. I am not SEBI-registered. Trade responsibly, and always conduct your research.thanks
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Short Downside Swing PossibleNSE:MAZDOCK fell by 8.7% today and is now at a crucial zone of support near 200 DEMA and a falling 20 DSMA.
Trade Setup:
If it is Unable to Hold 200 DEMA and the Support Zone it May Fall to marked Levels of 1600. No Trade if it Closes above 20 DSMA.
Take Profit:
Near Marked Levels around 1600.
Stoploss:
Entry Candle High or Swing High.
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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.
BANKNIFTY MATHEMATICAL LEVELSThese Levels are based on purely mathematical calculations.
Validity of levels are up to thursday of next week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
NIFTY MATHEMATICAL LEVELSThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
Reliance looking promising for Some BounceIf Reliance Continues to sustain above 1245, then it may test 1330 1360 levels..
Rationale
Out of Bearish Channel
Bullish Divergence on RSI
Near Weekly Monthly Quarterly Support. Trying to form higher highs.. at 0.78 Fib Retracement of the Fib retracement drawn
Buy above 1255
SL below 1215
Target 1315 1330 1360
16 Jan 2025–23357 resistance not beaten, stance is bearishNifty Stance Bearish ⬇
We dropped 208pts ~ 0.89% over the last week. What would have been a superb bear trend was cut short at 23047. The price action of Monday 13th Jan was dangerous and it got the entire investing community talking.
The recovery from there has been nothing short of magic, but the markets have still not taken out the 23357 resistance level. A close above this would help all of us change the stance from bearish to bullish. Now its all a numbers game as the big guns are releasing their quarterly earnings.
Till then our stance remains bearish and would not be surprised if we take out the recent swing low. The reasons for remaining bearish have a lot to do with the macros. If the central government is not ready to cut taxes, a huge strata of the population may find it difficult to afford necessities. Meanwhile, tax benefits and concessions to the corporates keep showering.
Nifty Trading Strategy for 17th January 2025Nifty Trading Strategy Using 15-Minute Candlestick
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,400.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,400.
Targets:
First Target: 23,440
Second Target: 23,490
Third Target: 23,525
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 23,400 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,440, another portion at 23,490, and the remaining position at 23,525.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,300.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,300.
Targets:
First Target: 23,260
Second Target: 23,220
Third Target: 22,175
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 23,300 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,260, another portion at 23,220, and the remaining position at 22,175.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
This detailed strategy provides comprehensive guidelines for trading Nifty with clear entry and exit points, stop-loss orders, trailing stop-losses, and defined targets based on the 15-minute candlestick chart.
Gold Trading Strategy FOR 17th January 2025Detailed Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 2725.
Trigger: Buy when the price moves above the high of the candle that closed above 2725.
Targets:
First Target: 2733
Second Target: 2742
Third Target: 2750
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2725 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2733, another portion at 2742, and the remaining position at 2750.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 2704.
Trigger: Sell when the price moves below the low of the candle that closed below 2704.
Targets:
First Target: 2694
Second Target: 2685
Third Target: 2677
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2704 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2694, another portion at 2685, and the remaining position at 2677.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Wonder Electricals cmp 171.41 by Daily Chart viewWonder Electricals cmp 171.41 by Daily Chart view
- Price Band 143 to 146 Support Zone
- Price Band 125 to 128 next Support Zone
- Stock traversing in Rising Parallel Price Channel
- Stock hit an ATH 179 today and faced usual profit booking
- Volumes spiked heavily yesterday getting to steady status
- Back to Back Bullish Rounding Bottoms in Rising Price Channel
- Daily Support 158 > 145 > 131 with Resistance only at ATH 179
Ganesh Housing cmp 1313.80 by Daily Chart viewGanesh Housing cmp 1313.80 by Daily Chart view
- Stock trading between 1140 to 1340 price range over past few days
- Stock hit ATH 1366.75 then broke down facing usual profit booking
- Volumes are seen gradually increasing and spiked very heavily today
- Back to Back Bullish Rounding Bottoms made within the trading range
- Daily at Support 1235 > 1140 > 1080 with Resistance only ATH 1366.75
BHARTIAIRTEL SWINGsimple ORB strategy....i will buy near EOD if the price trade above the blue line..after entery i will wait for target or (SL)..i Will close when the candle close the red line below in D' out .....CHECK THE TARGETS IN THE CHART
Analysis at your and trade
its just my view educaltional purpose only
I'M not a SEBI REG
BHARTIAIRTEL SWING
simple ORB strategy....i will buy near EOD if the price trade above the blue line..after entery i will wait for target or (SL)..i Will close when the candle close the red line below in D' out .....CHECK THE TARGETS IN THE CHART
Analysis at your and trade
its just my view educaltional purpose only
I'm not a SEBI REG
Nifty Bank View 17.01.25 Ke LiyeThe **Bank Nifty** is a stock market index that represents the performance of the 12 most significant and liquid banks listed on the National Stock Exchange of India (NSE). The index is a subset of the broader Nifty 50 index, focusing specifically on the banking sector. It is widely used to gauge the health and performance of India's banking sector.
### Constituents of Bank Nifty:
As of January 2025, the Bank Nifty index consists of the following 12 banks:
1. **HDFC Bank**
2. **ICICI Bank**
3. **Axis Bank**
4. **State Bank of India (SBI)**
5. **Kotak Mahindra Bank**
6. **IndusInd Bank**
7. **Bank of Baroda**
8. **Punjab National Bank (PNB)**
9. **Bandhan Bank**
10. **Federal Bank**
11. **IDFC First Bank**
12. **RBL Bank**
These banks are selected based on their liquidity, market capitalization, and overall contribution to the banking sector. The index is weighted by free-float market capitalization, meaning that the more valuable banks have a higher weight in the index.
### Key Characteristics:
- **Representation**: Bank Nifty represents a broad cross-section of the banking industry in India, covering both private and public sector banks.
- **Sectoral Performance**: It reflects the overall health and performance of the banking and financial services sector in India.
- **Market Usage**: Investors and traders use the Bank Nifty index as a benchmark for the banking sector, and it is also traded through exchange-traded funds (ETFs) and futures contracts.
The performance of the Bank Nifty index can be a good indicator of the broader economic conditions, particularly in terms of credit growth, interest rates, and the overall health of the financial system in India.