Good Afternoon TV Family, Summary: The upcoming Jackson Hole meeting and potential rate cuts from the Federal Reserve, global equity markets could experience a shake-up. In this idea, we delve into how a U.S. rate cut might trigger foreign institutional investors (FIIs) to rethink their allocations and the crucial role domestic institutional investors (DIIs)...
The idea here is about HDFC Bank. Mentioned below are the points to be considered Points as per TA on a Daily & 4H Chart: 1. Awaiting break out of Falling wedge. 2. Butterfly Pattern completed with entry point confirmed. 3. Waiting for close above 20 EMA = 1550 on 1D chart. 4. RSI is at 44.30 on a Daily Chart. 5. MACD crossed above signal line on 11th Sept...
Dear TV Family Members, It’s been a while I have published any idea’s, been occupied for a while hope you all don’t mind. Bank Nifty looks range bound between 44095 to 43757. Reason being on 5 min chart observed bullish shark harmonic pattern completed & in play, Bullish Gartley XAB completed. Points as per TA observed on a 15 Min chart: 1. Bullish Shark...
The idea here is about Nifty 50 Index : My view is Short term Neutral to Bearish (upcoming week) & then bullish for the below observed technical factors. Points as per TA observed on a Weekly, daily & Hourly Chart: Hourly Chart: 1. Bearish Crab Harmonic Pattern observed on a 1H & 4H chart. Target price & Stop Loss provided on chart as per below: 2....
The idea here is about Sun Pharmaceutical Industries Ltd: Sun Pharmaceutical Inds. Ltd is an international specialty pharma company.The company also makes active pharmaceutical ingredients. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology, gastroenterology, diabetology and respiratory.The company...
The idea here is about Gujarat Alkalies: Gujarat Alkalies & Chemicals Ltd. engages in the manufacturing and sale of chemical products. Its products include caustic soda group, special chlorine derivatives group, sodium chlorate, caustic potash group, chloromethane group, phosphoric acid, water treatment group, and hydrogen peroxide. The firm's products are used...
The idea here is about Divis Laboratories: Divis Laboratories Ltd is engaged in the manufacture of Active Pharma Ingredients (APIs) and intermediates. The company in a matter of short time expanded their breadth of operations to provide complete turnkey solutions to the domestic Indian pharmaceutical industry.They are actively involved in developing alternate,...
The idea here is about JSW Steel Ltd: JSW Steel Ltd. is a holding company, which engages in the production, distribution, and trade of iron and steel products. It offers hot rolled and cold rolled coils and sheets; galvanized coils and corrugated sheets; galvalume products; steel doors; and light steel building solutions. My view is short term Bullish for the...
The idea here is about GNFC (Gujarat Narmada Valley Fertilizers & Chemicals Ltd): Gujarat Narmada Valley Fertilizers & Chemicals Ltd.is engaged in the manufacturing and marketing of chemicals, fertilizers and information technology.The products and services offered by the company include Fertilizers- GNFC is one the leaders in the domestic fertilisers industry....
The idea is about NIFTY. Mentioned below are the points considered Points as per TA on a Daily & hourly Chart: 1. Anti Crab Harmonic Pattern Completed on 1H chart & Target 1 achieved at the time of publishing as per below : 2. Breakout above 18330 will result in change of character COC (Wyckoff theory) on 1H chart Highlighted in Black as per below : ...
The idea here is about Bank Nifty: My view is Neutral for the below observed technical factors. Points as per TA observed on a Weekly daily & Hourly Chart: 1. Cup & Handle formation completed awaiting breakout as per below: 2. Doji candle formation on weekly chart as per below: 3. Bearish Bat harmonic pattern completed on a daily & Hourly chart as...
The idea here is about Crude Oil Swing Trade: I am bullish on short term for crude oil due to the below observed technical factors. 1. Support established on a daily chart at the point of falling wedge as per below: 2. Deep Crab Harmonic pattern completed on a daily chart as per below: 3. Leonardo Harmonic pattern completed on a weekly chart as per...
The idea here is about NMDC: NMDC Limited (NMDC) is an India-based iron ore producer and exporter. The Company operates in two business segments: iron ore and other minerals and services. The Company is engaged in the exploration of a range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin,...
The idea here is about Godfrey Phillips: Godfrey Phillips India Ltd. operates as a holding company. It engages in the manufacture and marketing of tobacco related products. The firm operates through the following segments: Cigarette, Tobacco and Related Products and Retail and Related Products. Its cigarette brands include Marlboro, Red & White, Cavanders, Four...
The idea here is about SHIB/USD: My view is short term Bullish for the below observed technical factors. Points as per TA on Weekly & daily Chart: 1. Broken out of Downtrend Channel as per below: 2. Possible Double Bottom pattern formation on a weekly chart await for neckline breakout as per below: 3. Possible Bearish Bat Harmonic Pattern CD leg in...
The idea here is about BTC: Since the last published idea about BTC Right now we are at a very critical support level on a daily chart with ascending triangle formation. If price moves up we might have a resistance at 20.3K. This week will be crucial and will decide which direction the price is heading. Points as per TA on a Daily Chart: 1. Ascending...
The idea here is about Jai Prakash Power Ventures: Jai prakash Power Ventures Ltd. engages in the generation of power. It operates through the following segments: Power and Transmission, Coal, and Other. The Power and Transmission segment includes generation, sale, and transmission of power. The Coal segment refers to the coal mining for captive use in energy...
The idea here is about IRCTC: Indian Railway Catering & Tourism Corp. Ltd. provides railway related services. It engages in Catering and Hospitality, Internet Ticketing, Travel and Tourism. My view is bullish (Swing trade) for the below observed technical factors. Points as per TA on a weekly & daily chart: 1.Falling wedge pattern observed on a weekly chart...