**If BANKNIFTY opens above 48650:** - 📉 Case 1: If faces resistance near 48700 - 48714 and starts trading below 48573, - Short trade with SL of 48714 - Target: 48400 - 48342 - 📈 Case 2: If sustains above 48750, - Buy trade with SL of 48700 - Target: 49000 - 🔄 Case 3: If trades sideways between 48700 - 48573, - Wait for a break of the range **If prices...
29-DEC-2023 - Trade Plan **If NIFTY opens in green above 21830:** - 📈 Case 1: If sustains above 21830, - Buy trade with target: 21924 - 21944 - SL: 21800 - 📉 Case 2: If fails to sustain at 21830 and trades below 21800, - Short trade with target: 21746 - 21700 - SL: 21840 **If prices open flat:** - Prices may trade sideways in the range of 21830 -...
**Fundamental Analysis - Uniparts India Limited ** 🌐 **Business Model:** - **Segments:** Agricultural, Construction & Forestry, After-Market. - **Operations:** Design, manufacture high-quality components; build OEM relationships; global expansion; aftermarket parts/services. 📈 **Revenue Growth:** - **CAGR:** 15% over the last 5 years. 💹 **Earnings Growth:** -...
* *Scenario 1 : Gap Up Opening Above 48350** - *Case 1:* Anticipate rejection near 48423, and prices might trade sideways between 48280 and 48423. - *Case 2:* If prices start trading below 48280 after facing rejection near 48400-48423, consider shorting for a target of 48128. Sustaining below 48100 may lead to further decline to the levels of 47826-47757. - *Case...
Scenario 1 : Gap Up Opening Above 21700** - If NIFTY opens with a gap up above 21700, anticipate sideways trading between 21750 and 21666, facing rejection at 21753. - Short near 21750 with a stop loss (SL) of 21770 for a target of 21666-21606. - Consider buying only if prices move between 21666-21750 and break out above 21750. Target: 21820, SL: 21735. **...
KAYNES Technical Analysis 📈📉: KAYNES is currently in the final stages of completing its corrective Wave 4, marked by the completion of the ABC wave structure. Anticipating a bullish move with the onset of Wave 5. **Trade Recommendation:** - **Action:** Initiate a Buy Call - **Target Range:** 3045 to 3108 - **Stop Loss (SL):** Set at 2484 - **Risk-Reward Ratio:**...
1. **If NIFTY opens higher and sustains above 21503:** - **Action:** Buy - **Stop Loss (SL):** 21460 - **Targets:** 21606-21645 2. **If NIFTY fails to sustain and starts trading below 21460:** - **Action:** Short - **Stop Loss (SL):** 21506 - **Target:** 21296 3. **If the price opens downside below 12400:** - **Action:** Wait for the level...
1. **If BANKNIFTY opens in green near 47891-47927 but faces resistance and fails to break 47940:** - **Action:** Short trade - **Target:** 47741 - **Stop Loss (SL):** 47940 - **Additional Action:** If support at 47740 fails, prices may drop to 47400-4395. 2. **If BANKNIFTY opens flat and faces resistance at 47750-47780:** - **Action:** Look for a...
**BAJAJCO (Bajaj Consumer Care Limited) Technical Analysis** BAJAJCO appears to be concluding its corrective WAVE 4 on the daily timeframe chart, having completed the ABC wave structure. The stock is now poised to initiate its WAVE 5 of the Motive wave. Our recommendation is a BUY at the current market price (CMP) with a Stop Loss (SL) set at 206 (based on 2...
After a week of notable fluctuations in BANKNIFTY, concluding with a session marked by rejection and consolidation near its upside retracement resistance, the market remains in a state of uncertainty. As we approach the final week of December 2023, a cautious stance suggests a preference for "sell on rise" trades, unless prices convincingly breach the 21,504...
NIFTY Trading Strategy for December 26, 2023 The past week witnessed considerable volatility in NIFTY, culminating in a rejection and consolidation near its upside retracement resistance during the final trading session. This left traders in a state of uncertainty. Looking ahead to the last week of December 2023, a cautious approach suggests a preference for...
**Swing Trade Opportunity Analysis 🔄📈** EICHERMOT has successfully concluded its ABC structure on both Intermediate and Primary Chart setups, finalizing its WAVE 4 correction on the daily chart. The stock appears poised for a reversal, setting the stage for WAVE 5 on the daily chart. Considering this, we recommend a Buy position with a strategically placed tight...
**Market Analysis and Trading Strategies for BANKNIFTY on December 22, 2023** Following a significant decline, BANKNIFTY has exhibited a notable recovery in the last trading session. On December 22, 2023, the outlook suggests a potential for positive to sideways trading. **Trading Strategies for December 22, 2023:** 1. **Positive Opening Scenario:** - If...
**Market Analysis and Strategies for NIFTY on December 22, 2023** Following a substantial decline during Wednesday's trading session, NIFTY has displayed signs of a recovery rally from its recent low. As of today, December 21, 2023, there is a possibility of a close near the day's high. Looking ahead to December 22, 2023, the market may experience a subdued...
**Technical Analysis and Trading Strategies for NIFTY on 21-Dec-2023** On Wednesday, the 20th of December 2023, the market experienced a significant downturn, with prices closing at the day's lowest point. Notably, the breach of our crucial support range of 21304-21268 indicates a shift in the prevailing trend. Consequently, adopting a "sell on rise" trading...
**Technical Analysis and Trading Strategies for BANKNIFTY on 21-Dec-2023** Following a pronounced decline in prices on Wednesday, there has been a breach of a swing support level ranging from 47580 to 47504. Consequently, our strategy has shifted to "Sell on Rise" until prices both close and sustain above 47600. **Strategies for 21-Dec-2023 Trading...
J_KBANK is about to compete its correction from its high and consolidating in the important range Prices might have a small drop to its extended correction area. so advised to buy in 2 parts
📈 **NIFTY Analysis: Seizing Opportunities in the Trading Zone** *Market Overview:* NIFTY has been navigating the range of 21490 - 21370 over the past two trading sessions. On December 20th, 2023, strategic opportunities arise based on key price levels. *Trading Strategies:* **1. Breakout above 21533:** If prices sustain above 21533, consider a buying trade with...