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BOMBAY SUPER SEEDS LTD [BSHSL]- DESCENDING CHANNEL PATTERN1. Pattern Analysis: What We See - Pattern Name: Descending Channel with Double Bottom Breakout. - What is Happening? - The stock has been moving downwards within a descending channel for the last two years. This means the price has been repeatedly bouncing between two downward-sloping lines (the upper red resistance line and the lower blue support line). - Recently, the price broke above ₹173, which was the resistance level of the descending channel and the breakout point for a double bottom pattern (a strong bullish reversal pattern). - Why is This Important? - A breakout from such long-term patterns, especially with strong volume, indicates that the trend is changing from bearish to bullish. - The stock is showing strength and is now poised to move higher if it holds above ₹173. 2. Volume Analysis: What the Numbers Tell Us - Recent Volume Behavior: - Over the past two weeks, we’ve seen a sharp increase in trading volume. This suggests that big players (like institutions) are buying the stock in anticipation of higher prices. - This spike in volume aligns perfectly with the breakout above ₹173, adding confidence to the bullish signal. 3. Price Action: What the Candles Show - Recent Candlesticks: - The last few candles on the chart are big and bullish (wide bodies with strong upward movement). - The stock is now trading near ₹170–₹173, showing strength after the breakout. 4. Bullish Signal Confirmation - Breakout Confirmation: - The stock has crossed and stayed above ₹173, confirming the breakout. - This is a clear sign of a bullish trend reversal. - Key Levels to Watch: - Support (Safety Net): ₹150 is the critical support level. If the stock falls below this, the bullish setup could weaken. - Resistance (Next Hurdles): - First Target: ₹200 (psychological and historical resistance). - Second Target: ₹260 (next major resistance based on the pattern). 5. Entry, Targets, and Stop Loss - Recommended Entry: - You can consider entering near ₹173 if the stock holds above this level with good volume. - Targets: - First Target: ₹200 (short-term). - Second Target: ₹260 (medium-term). - Stop Loss: - Keep a stop loss at ₹150. This ensures that if the stock moves against the setup, your losses are minimized. Disclaimer: This analysis is for educational purposes only and should not be considered as investment advice. We are SEBI-registered research analysts, and while the information shared is based on thorough technical analysis, you are strongly advised to consult your financial advisor or analyst before making any investment decisions. Markets carry risks, and past performance does not guarantee future results.
NSE:BSHSLLong
by Mr_Chartist_
KiRi windfall certainty makes it a special situation caseWith the final appeal against SICC order overwhelmingly in its favour and the Dystar enbloc sale well underway, we can guesstimate that by the first half of this year Kiri is set to receive approximely Rs. 5500 crores gross against this long corporate battle against Senda for being subjected to minor shareholder cruelty in Dystar ... This amount is higher than the present market cap of the company. However, the ambitious plans of the promoter of Kiri entails putting bulk of the proceeds from the Dystar sale into a greenfield copper plant which would also have fertilizer as a byproduct for which the Environment Impact Assessment report has been received by its wholly owned subsidiary Indo Asia Copper Ltd. The 1st phase being built will have 2 lakh tonnes capacity of the total 5 lakh capacity per annum. It has already secured litigation finance of 130 million USD against its receivables in the Dystar case which is being used entirey for building the 1st phase. It has also done very large prefferential allotment of 490 crores to promoters of which approx 50% has been paid and converted into shares. Suffice to say, the company is evolving from a small cap to a mid cap with this transition. It will involve a lot of trust from the investors and lately, seeing its impulsive rise from 330 to 700 twitter is ful of doubting thomases and naysayers of this current plan of Kiri. Some of them were probably shareholders who jumped the gun too earlyon the judgement when it was in lower courts and a few are armchair economists. However, it is not a small thing to pursue an International Court case in SIngapore and win it and also get the judgement enacted. This case has gone up from arbitration to high court to commercial court and the appeal thereon so the merits of the same and that too in the financial capital of the Asia where the rule of law is supreme,the promoters of Kiri have come out victorious, but bruised due to the number of years that it has dragged on. It is a fact now that Dystar is being sold and receivers have been appointed since August last year for the same. The management is expecting execution documents to be signed as early as march of 2025. The minority shareholders on Kiri now have to be pro-active and ask the right questions to the management and the promoters during conference calls and demand exemplary fiduciary responsibility of them to all the equity shareholders of the company. We dont have a gold mine of an opportunity here, but a copper mine at the least!
NSE:KIRIINDUSLong
by Rocky_Chow
Bajaj Finance Near Breakout: Signals Bullish Momentum1. Price Action Overview The current market price is ₹8,198.15, showing an increase of ₹198.25 (2.48%) in the last trading session. The chart highlights pivot points with Fibonacci levels, which have been consistently respected, suggesting strong support and resistance zones. 2. Key Support and Resistance Levels The S2 level (support) is at ₹6,745.80, acting as a robust safety net in the event of a price decline. The R3 level (resistance) is at ₹9,332.90, a key zone to watch for a potential breakout. The stock is currently trading closer to its resistance zone, indicating bullish momentum is building up. 3. Trade Setup and Risk/Reward Entry Point: ₹8,198.15 (current price). Stop-Loss: ₹6,745.80, with a downside risk of ₹1,293.55 (-16.09%). Target: ₹9,332.90, with a potential upside of ₹1,293.55 (+16.09%). The Risk-to-Reward Ratio stands at 1:1, making this a cautious yet balanced setup. 4. MACD Analysis The MACD line (blue) is above the signal line (orange), reflecting bullish momentum. Both lines are positioned well above the zero line, signaling a positive trend. Green histogram bars confirm continued buying pressure. 5. Possible Formation of a Cup and Handle Pattern After a prolonged consolidation phase, there is a noticeable rounding formation on the chart, which hints at the possibility of a Cup and Handle pattern developing. Volume Analysis: Increasing volume during this phase supports the validity of this potential bullish pattern. If the pattern materializes, it will strengthen the case for a bullish breakout, with prices likely to move above the resistance level at ₹9,332.90 in the upcoming weeks. 6. Strategy and Recommendations Wait for Confirmation: Traders are advised to wait for a bullish breakout above ₹9,332.90 with strong volume before entering a position. Cup and Handle Breakout Target: If the breakout happens, the stock could achieve even higher levels, offering significant upside potential. Bearish Scenario: In case the stock fails to sustain above ₹8,000, it could retrace toward ₹6,745.80. 7. Conclusion Bajaj Finance Ltd. is showing strong potential for a bullish move after a long period of consolidation. The chart suggests a Cup and Handle pattern in the making, with increasing volume likely to confirm the breakout. A decisive close above ₹9,332.90 will validate this pattern and unlock opportunities for substantial gains. Key Takeaway Patience is key at this stage. Watch for a confirmed breakout above ₹9,332.90 with increased volume before entering long positions. The formation of a Cup and Handle pattern, coupled with bullish momentum, could drive the stock to new highs in the coming weeks. Always manage risk with appropriate stop-loss levels.
NSE:BAJFINANCELong
by TrueVithbyVishwanath
Strategic Equity Longs: Trade Insights 3: BSYDelivering strategic equity longs with precision and insight. Entry criteria gets published before the price event occurs. Ticker: BSY Entry criterial: Daily candle close above 46.66 Pattern: Downtrend reversal Trade insights include detailed entry, exit, position sizing or resizing guidelines, and the most existing momentum patterns, are available exclusively to subscribers. Build conviction in the details shared before joining the waitlist. Comment you name and interest below to join the waitlist.
NASDAQ:BSYLong
by WB_Investments
1
Strategic Equity Longs: Trade Insights 2: HIIDelivering strategic equity longs with precision and insight. Entry criteria gets published before the price event occurs. Ticker: HII Entry criterial: Daily candle close above 197.50 Pattern: Downtrend reversal Trade insights include detailed entry, exit, position sizing or resizing guidelines, and the most existing momentum patterns, are available exclusively to subscribers. Build conviction in the details shared before joining the waitlist. Comment you name and interest below to join the waitlist.
NYSE:HII
by WB_Investments
1
Strategic Equity Longs: Trade Insights 1: GGG Delivering strategic equity longs with precision and insight. Entry criteria gets published before the price event occurs. Ticker: GGG Entry criterial: Daily candle close above 84.50 Pattern: Uptrend continuation Trade insights include detailed entry, exit, position sizing or resizing guidelines, and the most existing momentum patterns, are available exclusively to subscribers. Build conviction in the details shared before joining the waitlist. Comment you name and interest below to join the waitlist.
NYSE:GGGLong
by WB_Investments
1
Siemens : Data Centre Theme - Looks heading downSiemens is a thematic play on data-center, and recent fall is due to Deep-seek announcement. - Technically, siemens share price is a free fall now, with 4700 as first major support, followed by 4000 to 4500 zone as a long term Quarterly/Monthly/Weekly supports (expected to hold). - Incase siemens moves up, 6300 - 6500 will act as a very strong resistance zone, and can easily halt further upside in the stock. - Unless something fundamentally changes again - it may remain sideway for next few months. #learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading
NSE:SIEMENSShort
by stoxsense
Deep Discounted Stock: Shakti PumpsIntroduction: Shakti Pumps (India) Ltd is primarily engaged in the manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications, such as irrigation, horticulture, domestic water supply, and commercial and industrial applications. Fundamentals: Market Cap: ₹ 10,454 Cr.; Stock P/E: 27.0 (Ind. P/E: 43.61) 👎; ROCE: 31.4% 👍 ; ROE: 24.2% 👍; 3 Years Sales Growth: 14% 👍; 3 Years Profit Growth: 23% 👍; 3 Years Stock Price CAGR: 110% 👍 Cons: Promoter holding has decreased over the last 3 years: -3.08% Technicals: Shakti Pumps has fallen sharply from the strong resistance level of Rs. 1387 in Jan 2025. Currently, it is trading near strong support zone of 100 EMA RSI (34.7) is indicating oversold. Resistance levels: 899, Support levels: 1095, 1269, 1387 Note: As per technical analysis, downside risk is minimum, and upside potential is huge.
NSE:SHAKTIPUMPLong
by shanmurali
WIPRO! SHORT!! Wipro Ltd is a global leader in Information Technology (IT), consulting, and Business Process Services (BPS). It ranks as the fourth largest Indian player in the global IT services industry, following TCS, Infosys, and HCL Technologies. Sales Growth: Over the past five years, Wipro has experienced a relatively poor sales growth of 8.75%. Dividend Payout: The company has maintained a low dividend payout ratio of 12.2% of profits over the last three years. Technical Analysis: Bearish Engulfing Candlestick Pattern: A bearish engulfing pattern formed at the top in Weekly Timeframe, indicating a potential reversal in the stock's down trend. Entry : @ 300 to 305 Range for shorting Stop Loss : 315 Target : 285 to 275 ++ Strategy: One can take 300 PE FEB month Expiry or Short the Future. Let me know what you think about this analysis. Happy Trading!
NSE:WIPROShort
by Vikrant_Mighty
2
MACD Trading #Technical AnalysisMACD measures the relationship between two EMAs to indicate momentum and potential trade reversals, while the RSI seeks out overbought and oversold conditions by evaluating recent price action. These indicators are often used together to give analysts a more complete technical picture. The MACD is a technical indicator designed to help traders and investors identify and time potential buy and sell opportunities. The MACD displays moving averages and a histogram to identify trends and measure their momentum.
NSE:HDFCBANKEducation
by SkyTradingZone