SOUTHBANK - BUY SOUTHBANK - BUY NOW
Key points :
South Indian Bank strong Fundamentals .
Stock PE - 5.47
Industry PE - 10.8
Stock Price Trade at Below Book Value ..
Company Price - Possible to Double
Technical :
Monthly - Take Support
Day - Symmetrical Triangle Pattern Breakout
Entry - 25.45 Rs
Target - 35.55 Rs
Stoploss - 21 Rs
Expected - 39 %
This is Only for My Trade Setup . Dont follow Blindly . Take Educational Purpose Only .
We not any responsiblities for Profit and loss ..
Thank You . Happy Trading ..
Stockideas
Easy Buy on Netflix - Breakout of Ascending Channel !Netflix is currently down almost 50% from its all time high in Nov 2021.
Currently traded in an ascending channel since Oct 2022 and briefly broke out above with strong volume to close at 357.42 as of market close.
Now we look for some profit taking and pullback to retest the top of the channel
Buy zone is:
336 - 357
Take profit:
393
Now we have the 50 EMA crossing the 200 EMA, with the 100 EMA close behind. A cross of 100 EMA will signal stronger bullish momentum on Netflix stock, giving us more room for upside.
DJI - Ascending Channel Rejection at 49,000 | Trump Policy
Executive Summary
Dow Jones Industrial Average (DJI) trading at 48,996.08 after a sharp 466-point drop (-0.94%) on January 7, 2026. Price rejected from the upper ascending channel resistance near 49,600 and is now consolidating within a key support zone between 48,500-49,000. Despite the pullback, the Dow just triggered a rare Dow Theory buy signal on January 6 when both the Dow Industrials and Dow Transports hit record highs simultaneously - the first such signal in over a year. Trump policy headlines creating volatility, but the secular bull market remains intact.
BIAS: CAUTIOUSLY BULLISH - Support Zone Test
The trend remains bullish on higher timeframes. Current pullback is a healthy consolidation within the ascending channel. Watch the 48,500-49,000 support zone for bounce or breakdown.
Current Market Data - January 8, 2026
Current Price: 48,996.08 (-466.00 / -0.94%)
Day's Range: 48,951.99 - 49,621.43
52-Week Range: 36,611.78 - 49,621.43
Market Status: Closed (Last update Jan 7, 17:00 GMT-5)
Index Type: CFD
Performance Metrics:
1 Week: +1.29%
1 Month: +2.14%
3 Months: +5.09%
6 Months: +10.15%
YTD: +1.85%
1 Year: +14.45%
All timeframes positive. Best 4-day start to a year since 2018 (+1.9% through first 4 trading days).
THE BIG STORY - Dow Theory Buy Signal + Trump Policy Chaos
Historic Dow Theory Signal
On January 6, 2026, the Dow Theory flashed a bullish signal for the first time in more than a year. Both the Dow Jones Industrial Average and Dow Jones Transportation Average tallied record closing highs on the same day - a classic confirmation that the secular bull market remains alive and well.
Key points:
Dow Industrials hit record high of 49,462.08 on Jan 6
Dow Transports hit first record since Nov 25, 2024
100-year-old indicator confirms bull market intact
Rotation trade benefiting cyclicals and value stocks
Transportation stocks big beneficiaries of rotation
Trump Policy Headlines Creating Volatility
We're only one week into 2026 and the market is already dealing with a flood of geopolitical headlines:
Trump called for 50%+ increase in U.S. defense budget to $1.5 trillion by 2027
Executive order blocking defense contractors from dividends/buybacks until they speed up production
Plans to ban Wall Street firms from buying single-family homes
U.S. intervention in Venezuela - deal to import $2B of Venezuelan crude
"Donroe Doctrine" drama targeting Greenland, Colombia, Cuba
European defense stocks hitting record highs on spending expectations
MACRO DRIVERS - What's Moving the Dow
1. Defense Sector Turmoil
Trump's executive order sent defense stocks tumbling:
Lockheed Martin (LMT): -4.8%
Northrop Grumman: -5.5%
General Dynamics: -3.6%
RTX (Raytheon): -2.5%
European defense stocks at record highs (BAE +5.8%, Leonardo +4.4%)
Stocks bounced in afterhours trading
2. Financial Sector Weakness
JPMorgan Chase (JPM): -2.3% after Wolfe Research downgrade
Blackstone: -5.6% on housing ban news
Invitation Homes: -6% on single-family home ban
Banks expected to report higher Q4 profits next week
Investment banking revenue accelerating
3. Labor Market Data Mixed
JOLTS: Job openings fell to 14-month low in November
ADP: Private payrolls +41,000 in December (weak)
Initial jobless claims: 214,000 (better than expected)
Friday's NFP report is the key data point
Unemployment expected to drop to 4.5% from 4.6%
4. Fed Policy Outlook
83% odds Fed pauses at Jan 27-28 meeting
Hot economy could mean fewer rate cuts
Need unemployment near 5% for significant easing
Few economists expect that in near term
Rate cut expectations fading
5. Venezuela Oil Deal
Trump deal to import up to 50 million barrels of Venezuelan crude
U.S. "selectively rolling back sanctions" on Venezuelan oil
Revenue to stabilize Venezuela economy
Repay Exxon and ConocoPhillips for nationalized assets
Oil prices fell sharply on supply expectations
Brent: $59.96 | WTI: $55.99
Technical Structure Analysis - 45 Minute Timeframe
Ascending Channel Pattern
The chart shows a well-defined ascending channel (blue shaded area):
Lower trendline support connecting higher lows
Upper trendline resistance connecting higher highs
Channel intact since mid-December
Price rejected from upper channel resistance near 49,600
Currently testing mid-channel support zone
Dashed midline providing dynamic support/resistance
Key Price Action
Jan 6: Hit record high 49,462.08 (Dow Theory confirmation)
Jan 7: Rejected from 49,621.43 intraday high
Sharp 466-point drop (-0.94%)
Now consolidating at 48,996.08
Testing critical support zone
Key Levels
Resistance:
49,621.43 - 52-WEEK HIGH / Day's high (red line)
49,462.08 - Jan 6 record close
49,300-49,400 - Upper channel resistance zone (pink box)
50,000 - Psychological round number
Support:
48,951.99 - Day's low / immediate support
48,500-49,000 - Current support zone (pink box on chart)
48,300 - Channel midline support (dashed line)
47,600 - Lower channel support (red line)
47,300 - Major support level
SCENARIO ANALYSIS
BULLISH SCENARIO - Bounce from Support Zone
Trigger Conditions:
Price holds 48,500-49,000 support zone
Bullish rejection candle on 45min/1H
Volume confirmation on bounce
Defense stocks stabilize
Friday NFP comes in strong
Price Targets if Bullish:
Target 1: 49,300-49,400 (upper channel)
Target 2: 49,621 (52-week high retest)
Target 3: 50,000 (psychological)
Extended: 50,500+ (new ATH territory)
BEARISH SCENARIO - Channel Breakdown
Trigger Conditions:
Price breaks below 48,500 support
Volume confirmation on breakdown
Defense sector continues selling
Weak NFP data Friday
Fed hawkish signals
Price Targets if Bearish:
Target 1: 48,300 (channel midline)
Target 2: 47,600 (lower channel support)
Target 3: 47,300 (major support)
Extended: 46,500 (deeper correction)
NEUTRAL SCENARIO - Range Consolidation
Most likely short-term outcome:
Price consolidates between 48,500-49,300
Wait for Friday NFP for direction
Digest Trump policy headlines
Healthy consolidation before next leg
Dow Theory signal provides floor
MY ASSESSMENT - CAUTIOUSLY BULLISH
Bullish Factors (Dominant):
Dow Theory buy signal (first in over a year)
Best 4-day start since 2018
All performance metrics positive
Secular bull market intact since Oct 2022
Ascending channel structure holding
Rotation into cyclicals/value continuing
Strong Q3 GDP (4.3%)
Banks expected to report strong Q4
M&A activity surging
Bearish Factors (Caution):
Sharp rejection from 52-week high
Defense sector turmoil (Dow components)
Trump policy uncertainty
Fed rate cut expectations fading
Friday NFP risk event
Elevated valuations (98th percentile)
My Stance: CAUTIOUSLY BULLISH - Buy Support Zone
The Dow Theory signal is significant - this 100-year-old indicator just confirmed the bull market is alive. The pullback from 49,621 to 48,996 is a healthy 1.3% correction within the ascending channel. The 48,500-49,000 support zone is the key level to watch.
Strategy:
Watch for bounce at 48,500-49,000 support zone
Long on bullish rejection candle with volume
Target 49,300-49,400 (upper channel)
Extended target 49,621 (52-week high)
Stop below 48,300 (channel midline)
Wait for Friday NFP before large positions
Trade Framework
Scenario 1: Support Zone Bounce
Entry Conditions:
Price tests 48,500-48,800 zone
Bullish rejection candle (hammer, engulfing)
Volume spike on bounce
RSI oversold on lower timeframes
Trade Parameters:
Entry: 48,500-48,800 at support
Stop Loss: 48,200 below support zone
Target 1: 49,300 (upper channel)
Target 2: 49,621 (52-week high)
Risk-Reward: ~1:2.5
Scenario 2: Breakout Above 52-Week High
Entry Conditions:
Price breaks above 49,621 with volume
Momentum indicators confirming
Strong NFP data Friday
Trade Parameters:
Entry: 49,650-49,700 on confirmed breakout
Stop Loss: 49,200 below recent support
Target 1: 50,000 (psychological)
Target 2: 50,500 (new ATH territory)
Risk-Reward: ~1:2
Scenario 3: Channel Breakdown
Entry Conditions:
Price breaks below 48,300 channel midline
Volume confirmation
Defense stocks continue selling
Trade Parameters:
Entry: 48,200-48,300 on confirmed breakdown
Stop Loss: 48,700 above breakdown level
Target 1: 47,600 (lower channel)
Target 2: 47,300 (major support)
Risk-Reward: ~1:1.5
Risk Management Guidelines
Position sizing: 1-2% max risk per trade
Friday NFP is major risk event - reduce size before
Trump headlines can move markets suddenly
Defense stocks are Dow components - watch sector
Scale out at targets
Don't fight the trend - it's still bullish
Key Events to Watch
Thursday Jan 8: Initial jobless claims, trade deficit, Q3 productivity
Friday Jan 9: December Non-Farm Payrolls (KEY EVENT)
Next Week: Bank earnings begin (JPM, BAC, WFC, C)
Jan 27-28: FOMC Meeting (83% odds of pause)
Invalidation Levels
Bullish thesis invalidated if:
Price closes below 47,600 (lower channel)
Dow Transports break down significantly
VIX spikes above 20
Major geopolitical escalation
Bearish thesis invalidated if:
Price closes above 49,621 (new ATH)
Strong NFP data Friday
Defense stocks recover
Fed signals more rate cuts
Conclusion
The Dow Jones Industrial Average is at a critical juncture after rejecting from the 52-week high. The Dow Theory buy signal confirms the secular bull market is intact, but Trump policy headlines are creating short-term volatility.
The Numbers:
Current Price: 48,996.08
52-Week High: 49,621.43
YTD Performance: +1.85%
1-Year Performance: +14.45%
Best 4-day start since 2018
Key Levels:
49,621 - 52-WEEK HIGH (bullish target)
49,300-49,400 - Upper channel resistance
48,996 - Current price
48,500-49,000 - Support zone (WATCH THIS)
47,600 - Lower channel support
The Setup:
Dow Theory just flashed a buy signal for the first time in over a year. The ascending channel is intact. The pullback is healthy. Watch the 48,500-49,000 support zone for the next move.
Strategy:
Buy support zone (48,500-49,000)
Target 49,300-49,400 (upper channel)
Extended target 49,621 (52-week high)
Stop below 48,300
Wait for Friday NFP for confirmation
The Dow Theory signal says the bull market is alive. Trade accordingly.
List your thoughts below!
Voltas Ltd Technical Analysis1.Chart Pattern:
The stock has been consolidating in a descending channel, with a recent breakout above the upper trendline of the channel.
This breakout could indicate a bullish reversal if sustained.
2.Key Levels:
Support Zone: ₹1,670 - ₹1,700 (highlighted area).
Immediate Resistance: ₹1,732 (horizontal dashed black line).
Target 1: ₹1,762 (short-term resistance).
Target 2: ₹1,838 (medium-term resistance).
Target 3: ₹1,926 (long-term resistance).
3.Indicators:
RSI (14): Currently at 48.58, indicating neutral momentum. A move above 50 could strengthen bullish sentiment.
EMA Levels:
20 EMA: ₹1,697 (stock near this level).
50 EMA: ₹1,720.
100 EMA: ₹1,670 (acting as strong support).
200 EMA: ₹1,517 (long-term trend support).
4.Volume Analysis:
A significant spike in volume was observed during the breakout, supporting the bullish case.
5.Price Action:
The breakout candle indicates buying interest. If the stock holds above ₹1,732, it could move toward ₹1,762 and higher levels.
6.Risk-Reward:
Entry Zone: ₹1,700 - ₹1,732 (post-pullback to breakout zone).
Stop Loss: Below ₹1,670 (key support).
Target Range: ₹1,762 – ₹1,926.
Trading Plan
Bullish Scenario: A breakout above ₹1,732 and sustained momentum could lead to ₹1,762 and ₹1,838.
Bearish Risk: If the stock falls back into the channel and breaks below ₹1,670, the downtrend may resume.
Conclusion
Voltas Ltd. is at a critical juncture, showing potential for a bullish breakout. However, confirmation above ₹1,732 is crucial for the upward move. Traders should watch volume and price action for further clarity.
Potential Correction Ahead for Waaree Energies Ltd After Strong Analysis:
1.Price Surge and Overextension: Waaree Energies Ltd has witnessed a sharp upward move, pushing prices significantly higher in a short period. This steep ascent could indicate an overextension, making the stock vulnerable to a pullback or consolidation phase.
2.Resistance Levels:
Immediate resistance is observed around the 3,600 level, with another support/resistance flip level near 3,300. Price nearing these levels might trigger profit-taking or selling pressure from short-term traders.
3.Overbought RSI Indicator: The RSI is currently in overbought territory, signaling an overvalued condition. Historically, an RSI above 70 often suggests a cooling-off period might be near, as buying momentum may slow down.
4.Volume Insights: The recent price rally has been accompanied by high volume, which validates the strength of the trend. However, any decrease in volume while the price stays elevated could indicate waning buying interest, strengthening the case for a correction.
Conclusion: Given the steep rise, overbought RSI, and proximity to resistance, caution is advised. A healthy correction could provide better entry opportunities. Monitor for potential reversal signals and volume changes to gauge the sustainability of this trend.
Trade Idea: Consider waiting for confirmation of a pullback or consolidation before entering new positions. Key support areas for potential retracement include 3,300, 2,625, and 2,280.
Looking PositiveBayanat is showing us good signs that now its ready to start a fresh trend to the upside. With todays closing bulls are holding at very good level they have a very good chance to crush sellers and shoot up the price. If it opens with a gap down then this will discourage the buyers and we will wait for another bullish candle to take any entries.
For now ideal scenario will be if it opens flat and break and hit the first target then again spends few days right at the resistance and make a new move to the upside.
Hit like & follow guys;)
BLong
CEG Entry, Volume, Target, StopEntry: with price at or slightly above 110.26
Volume: with volume greater than 1.5M
Target: 119.60 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 110.26 & target of 119.60, a stop at 107.15 gets you 3/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
LONG in LICI with a small SL for Big Targets.After making a cup n handle formation LICI is holding up near 50EMA and above 200EMA since last 25 trading sessions, this 615-635 level is also a retesting zone of support area after a Breakout of Cup n Handle formation. Thus we may consider this phase as cool-off period prior to a fresh Breakout. Levels are mentioned on Chart itself.
As Stop Loss is very small here, this trade suits me.
Do comment below if you have any opinion.
Happy Investing :)
SQ Entry, Volume, Target, StopEntry: when price clears 67.62
Volume: with daily volume greater than 9.27M
Target: 73.5 area
Stop: Depending on your risk tolerance; 65.66 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NVIDIA | NVDA | STOCK | DECRYPTERS Hi people Welcome to Team Decrypters
Decent Short opportunity on NVIDA STOCK
--Head & Shoulder Pattern Break out and Target completed .
--Price is Supported by All Major EMAS.
--A down ward channel Break Down And GAP filled.
--After a Strong upward movement Price should reject from Multi year Trend line.
--A Potential Retracement Short should ATLEAST play From Resistance levels.
-Price is overall Supported by All MAJOR EMAS.
--Potential Double Top formation.
Note :- Nasdaq Should Retrace so will the stock , A Setup Should be traded with Confirmation Only
CRM Salesforce.com: Bigger Drop ComingHello friends, today I am completing a technical analysis on the 1M linear scale chart for Salesforce.com ( CRM ), traded on the NYSE.
#CryptoPickk notes the following:
1) Salesforce.com price has been falling month over month, down about 20% from it's all time high price.
2) The price has been supported by a multi-year arc line (in red color). In the past year, the price was supported by a rising trendline (in yellow color), however it broke that support and has potential to fall further.
3) Historically the price has had very large swings as shown in the chart.
4) Based on a Fibonacci Retracement, the price has the potential to touch the 0.236 level around $160-$165, which is also where the price can touch the multi-year arc line. This would be about a 48% drop from the all time high price.
5) There is also a multi-year Bearish Divergence which formed that is also a major reason why a further price drop may be coming. You can see the price has formed HIGH HIGH and RSI and Stoch RSI has formed LOWER HIGH.
6) Keep an eye on the RSI (relative strength index) as it has touched the 49-50 level historically before seeing a bounce. This may be a place to potentially start dollar cost averaging in.
7) This isn't the first time the price has potential to see a sizable drop as it has shown historically that it drops and then recovers.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Greves Cotton Levels & Strategy for next few daysDear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Company is focusing on accelerating adoption of electric vehicles and transforming last mile mobility with clean transport solutions has strengthened their leadership position in this fast-growing electric auto market. Company posted net profit of 32.3 crore & net loss of Rs 23.3 crore. Stock has beaten 3 year revenue CAGR. Electric mobility segment posted highest ever quarterly profit.
Aegis Logistics Parallel Channel Breakout Swing High Break*Aegis Logistics*
Time Frame: 4 hr
Observation:
* Parallel Channel Breakout
* Swing High Break
* Mean (EMA) Diversion
Resistance/Target: 355 419 482 522
Support: 292 269
ALong






















