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INDUSINDBK LevelsAs of January 5, 2025, IndusInd Bank Limited (INDUSINDBK) is trading at ₹970.15. Key support and resistance levels are as follows: Immediate Support Levels: ₹930.73 ₹952.32 ₹956.88 ₹964.72 ₹980.08 Immediate Resistance Levels: ₹973.58 ₹969.28 ₹977.12 ₹1009.28 ₹1031.08 These levels are derived from various technical analyses, including pivot points and moving averages, and are crucial for traders and investors to monitor for potential price movements. Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or conduct further research before making investment decision
NSE:INDUSINDBKLong
by EmpireCrown
CARTRADE TECH LTDCarTrade Tech Ltd. is a prominent player in the online auto classifieds space in India. The company operates platforms like CarTrade, CarWale, and BikeWale, which facilitate the buying and selling of new and used vehicles. Market Cap: ₹4,192 Crores P/E Ratio: 133.17 P/B Ratio: 2.27 Debt to Equity: 0 ROE: 3.63% Book Value: ₹442.49 EPS: ₹16 1 Year Return: 48.64% 3 Year Return: -15.79% CarTrade Tech Ltd. has shown significant growth in the past year, but its high P/E ratio indicates that the stock might be overvalued compared to its earnings. The company has a strong balance sheet with no debt, which is a positive sign for investors. Key Ratios Quality Score: 6/10 Growth Score: 7/10 Valuation Score: 3/10 Momentum Score: 8/10
NSE:CARTRADELong
by CannySunny
#APARINDSApar Industries has delivered a breakout from a strong resistance zone with a solid close above ₹10,950. The breakout is accompanied by decent volume, signaling strong buying interest. The price action demonstrates a robust uptrend, forming consistent higher highs and higher lows on the weekly chart. Key highlights: Breakout Confirmation: Price has decisively broken the resistance zone, marking the beginning of a potential new rally. Relative Strength: Outperforming Nifty, indicating strong momentum and institutional interest in this stock. Volume: Noticeable spike in volume during the breakout week, confirming buyer dominance. Trading Plan: Entry: Consider adding positions above the breakout level of ₹10,950. Stop-loss: As per the level mentioned on the chart (adjust as per risk appetite). Target: Medium-term target at ₹12,000–₹12,500 based on historical price projections. Keep an eye on the volumes in the coming sessions and ensure the breakout sustains. Monitor broader market conditions for alignment with bullish momentum.
NSE:APARINDSLong
by Sudhi4488
2 years breakout coming soon in JINDAL WORLDWIDEWe can see the price is consolidation in a fixed range since 2023, a breakout 474 will likely take the price to 820 levels as per advance technical analysis. Jindal Worldwide Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 8,802.85 Crore) operating in Textiles sector. Jindal Worldwide Ltd. key Products/Revenue Segments include Textiles, Income from Project Development, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024. For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 571.35 Crore, up 15.67 % from last quarter Total Income of Rs 493.94 Crore and up 45.65 % from last year same quarter Total Income of Rs 392.27 Crore. Company has reported net profit after tax of Rs 17.33 Crore in latest quarter.
NSE:JINDWORLDLong
by TechnicalAnalystSucrit
Bata India Ltd. bottom fishing opportunity The chart of Bata India Ltd. is showing a bullish breakout from a Symmetrical Triangle Pattern. As the stock nears the apex of the triangle, a breakout above the descending trendline at approximately ₹1,500-₹1,550 would confirm the upward momentum. This breakout, accompanied by strong volume, signals the potential for a substantial price movement. The target for this bullish move can be projected to ₹2,000-₹2,200, based on the height of the triangle. Traders can enter above ₹1,500-₹1,550, with a stop-loss placed near ₹1,400, offering a favorable risk-reward setup as the stock breaks out of its consolidation phase.
NSE:BATAINDIA
by Simplecharttraders
5
Eicher Motors consolidation breakoutEicher Motors has recently broken out of a consolidation phase near the key resistance level of ₹5,385, signaling the potential for a strong uptrend continuation. A successful breakout could target ₹5,500-₹5,700 in the short term, offering an attractive swing trade setup. For positional traders, the long-term structure supports a target of ₹6,000-₹6,200, with strong support at ₹5,000-₹5,100 minimizing downside risk. Indicators such as a bullish MACD and RSI in the overbought zone highlight strong momentum but also caution of potential short-term pullbacks to the ₹5,100-₹5,000 range, which could provide better entry points. With a stop-loss at ₹5,200 for swing trades and ₹4,800 for positional trades, Eicher Motors offers a favorable risk-reward ratio. The consolidation near resistance and overall technical strength make it a solid candidate for both short-term and long-term trades.
NSE:EICHERMOT
by Simplecharttraders
STWP Stock Analysis: Saregama—An Attractive Opportunity for SwinThe stock market is full of surprises, and today we turn the spotlight on Saregama—a stock that's gaining attention from both seasoned traders and newcomers. With a harmonious convergence of technical indicators suggesting a robust uptrend, Saregama seems primed for a potential breakout in the coming sessions. Let’s dive deeper into the details and explore why this stock is one to watch! Why Saregama Is Gaining Traction: A Comprehensive Analysis1. Strong Bullish Indicators Latest Tick - Bullish Price Surge with Robust Volume: The stock has shown a significant upward movement, supported by substantial trading volumes. This indicates strong market participation and investor confidence. EMA 200 Crossover: Saregama’s price has decisively crossed above the 200-day Exponential Moving Average, signaling the start of long-term bullish momentum with potential for sustained upward movement. RSI Breakout: The Relative Strength Index (RSI) has broken through key resistance levels, signaling a shift toward more aggressive buying activity and highlighting strong bullish momentum. Positive RMI Momentum: The Robust Momentum Indicator (RMI) is in the green zone, confirming the ongoing bullish trend and strengthening the case for further upside potential. Volume Surge - Confirmed Breakout: A sharp increase in trading volume confirms the price breakout, adding further weight to the bullish trend and signaling that the momentum is likely to be sustained. 2. Price Action Insights Donchian Channel: The stock has reached a fresh high, signaling a potential breakout. This suggests a bullish momentum shift and indicates the possibility of sustained upward movement. Bollinger Bands: The recent breakout above the upper band points to increased volatility, with the bias tilting towards further upward price action. EMA 50: Both the price and the 50-period Exponential Moving Average (EMA) are trending higher, reinforcing the strong uptrend and indicating robust market strength. 3. Candlestick and Heikin Ashi Patterns Candlestick Patterns: Long White Candle: A strong bullish signal across daily, weekly, and monthly timeframes as of January 3rd, 2025, signaling sustained upward momentum. Bullish Engulfing: A powerful reversal pattern on the monthly chart, suggesting a potential bullish trend reversal and renewed buying interest. Heikin Ashi Patterns: Bullish Continuation: Both daily and weekly Heikin Ashi patterns confirm a solid, sustained upward trend, indicating that the bulls are firmly in control. Bullish with High Volume: The weekly Heikin Ashi charts, coupled with increased volume, highlight the strength and momentum of the current bullish move. Key Levels to Watch🚀 Resistance Levels: 583 – A key barrier to watch. 615 – Strong overhead resistance, crucial for bulls. 667 – The next major hurdle for upward movement. 🔒 Support Levels: 499 – A critical support level; watch for any price bounce here. 446 – A key level to determine if the downtrend will continue or reverse. 415 – The ultimate support zone to monitor for potential strong price action. Why Saregama Could Be a Possible Swing Trade OpportunityWith an ideal alignment of key technical indicators, Saregama is showing the potential for a significant breakout. Traders looking to capitalize on market movements may find this stock an attractive swing trade opportunity, especially as it exhibits bullish momentum and an appealing chart setup. Saregama Technical Analysis: Potential for a Bullish MoveSaregama’s recent chart formation shows a potential bullish shift, with a well-defined double bottom pattern at 439.10 (13.11.2024) and 450.55 (31.12.2024). The key neckline at 531 (04.12.2024) is crucial to watch—if the price breaks above this level, it could trigger a possible upward trend, making the stock a strong candidate for potential gains. A pullback to the neckline could also offer an intriguing opportunity for a continuation of this bullish momentum. Watch for key resistance levels at 615 and 667, and monitor support zones around 450.55 and 439.10 to assess the strength and sustainability of the move. ConclusionSaregama’s recent surge in bullish momentum, driven by a volume surge and the golden 200-EMA crossover, presents a compelling opportunity for traders. With multiple bullish chart patterns in play, this stock is shaping up as a prime candidate for short-term gains. Whether you're a seasoned trader or a newcomer, now could be the right time to ride the potential upward momentum and make the most of this possible bullish move. Technical Rating: Strong Bullish Analyst Rating: Strong Bullish STWP Rating: Strong BullishReady to elevate your trading game? Stay ahead with STWP Stock Analysis—Your Daily Market Digest for the latest actionable insights and expert strategies! Hit the follow button, like, and share this with your fellow traders—let’s grow and succeed together in the exciting world of smart trading. Disclaimer This article is intended solely for educational purposes and does not constitute investment advice. Always consult with a qualified financial advisor before making any investment decisions. Stock market investments carry inherent risks, and past performance is not indicative of future results.
NSE:SAREGAMALong
by ruelfernandes
A Fresh Breakout Seems In Manoj Vaibhav Gems 'N' Jewellers LimitNSE:MVGJL Manoj Vaibhav Gems 'N' Jewellers Limit The stock price has moved 20DMA above the ₹284.15 resistance level, which was a crucial breakout level.There is significant upward momentum, as evident from large green candles and high volumes. Breakout Level: ₹284 (confirmed breakout above resistance). Entry Zone: ₹284-₹287 Stop Loss: ₹272.25 (below recent support). Targets: Keep In Mind TP1: ₹312.20 TP2: ₹320.55 TP3: ₹331.65 TP4: ₹351.15 (high-risk target). Disclaimer: This is for educational purposes only. I am not SEBI-registered. Trading in securities is subject to market risks; invest wisely. ~follow my youtube channel @Alpha_strike_trader " THANKS "
NSE:MVGJLLong
by Alpha_strike_trader
1
No more ruling the skies of the aviation sector!! - INDIGOInterglobal Aviation (INDIGO) has shown several bearish patterns recently, indicating potential downward trends in its stock performance. Weekly : Bearish Engulfing Candlestick Pattern. Daily : Three Outside Down with very weak volume Each candlestick pattern confirms a bearish trend, suggesting a short trade. Additionally, global factors are expected to impact the aviation sector. Entry: 4425 Stop Loss: 4740 Target: Open/Mentioned. Let me know if you found this interesting. Happy trading! 😄
NSE:INDIGOShort
by Vikrant_Mighty
Asian Paints Swing Trading Strategy DATED 04-01-2024Asian Paints Swing Trading Strategy Buy Signal: Entry Point: Buy above 2350. Stop Loss (SL): 2250 on a day closing basis Targets: Target 1: 2525 Target 2: 2690 Target 3: 2830 Target 4: 2950 Strategy Details: Trailing Stop-Loss: Use a trailing stop-loss to protect your profits as the price moves in your favor. Time Frame: 60 trading days Risk Management: Use stop-loss orders to protect your capital. 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. Buy Signal: Entry Point: Buy above 2350 on a day closing basis. Stop Loss (SL): 2250 on a day closing basis Targets: Target 1: 2525 Target 2: 2690 Target 3: 2830 Target 4: 2950 Strategy Details: Trailing Stop-Loss: Use a trailing stop-loss to protect your profits as the price moves in your favor. Time Frame: 60 trading days Risk Management: Use stop-loss orders to protect your capital. 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.
NSE:ASIANPAINT
by ramkkyy