📉 HDFCBANK Analysis and Investment Outlook - Q3 FY2024 📊 Post-Q3 Result Impact: 📉 HDFCBANK faced a significant 8% decline post-Q3 FY2024 results, causing ripples in today's trading. With a substantial weight of 33.47% in BANKNIFTY and 12.93% in NIFTY, it contributed to a 4% drop in BANKNIFTY and a 2% dip in NIFTY indices. Next Action Plan - Investing...
🏦 BANKNIFTY - Strategy and Levels for 17-JAN-2024 Gap Up Opening (above 48200): Short: If facing rejection near 48230-48240, SL of 48290 🎯 Target: 48000 – 47962 – 47900 Buy: If sustaining above 48290, SL of 48230 🎯 Target: 48546 Flat Opening: Short: If facing rejection near 48200, SL of 48250 🎯 Target: 48000 - 47950 - 47900 Buy: Above 48290, SL of...
📊 Gap-up Opening (22050) : Short: Near 22090 with SL of 22110 🎯 Target: 22000 – 21950 Buy: If sustaining above 22110 with SL of 22080 🎯 Target: 22207 – 22234 Flat Opening: Short: Near 22050 with SL of 22095 🎯 Target: 21962 – 21948 - 21900 Buy: Above 22110 with SL of 22080 🎯 Target: 22207 – 22234 Gap Down Opening (below 21950): Buy: Near 21920 – 21900...
**Gap Up Opening (Above 22120):** - Plan short trade or profit booking near 22205-22233 - 🛑 SL: 22250 - 🎯 Target: 22100 - If sustains above 22230, plan long trade - 🎯 Target: 22360 - 🛑 SL: 22200 - Note: This trade might not be suitable for intraday trading. **Flat Opening:** - Best buying levels around 22000 to 22037 - 🛑 SL: 21980 - 🎯 Target: 22205 to...
**Gap Up Opening (Above 48300):** - Buy trade if prices take support at 48287 and trade above 48353 - 🛑 SL: 48240 - 🎯 Target: 48546 - 48748 - If prices cannot sustain above 48300 and trade below 48280 - Short trade for the target 48055 - 🛑 SL: 48360 **Flat Opening:** - Best buying level near 48050 - 🛑 SL: 47980 - 🎯 Target: 48287 - 48353 **Gap Down...
Responsive Industries Limited: A Comprehensive Analysis Business Model: Responsive Industries Ltd. (RIL) operates in three main segments: • Luxury Vinyl Tile (LVT): Their IMPACT® LVT range provides premium flooring solutions for high-traffic areas. • Resilient Sheets & Vinyl Flooring: They are a leading Indian manufacturer of resilient vinyl flooring, SPC & LVT,...
Price might consolidate between 21,939 and 21,883: Below 21,883: 🎯 Target: 21,797-21,768 Above 21,939: 🎯 Target: 22,000 - 22,053 🚀 Happy Trading! 🚀
📈 BANKNIFTY Analysis: If BANKNIFTY falls below 47,676 and sustains: First Buying Level: 47,442 🎯 Target: 47,800 – 48,000 🛑 SL: 47,600 Second Buying Level: 47,193 🎯 Target: 47,450 – 47,600 - 47,800 🛑 SL: 47,140 If the price trades above 47,950: Buy Signal: 🎯 Target: 48,285 🛑 SL: 47,880 Short trade if prices can't sustain above 47,950 and trade lower below...
📉📈 PVRINOX ABC Correction Analysis 🔄📊 On the daily chart, PVRINOX is wrapping up an ABC correction wave (Intermediate) and currently positioned in the golden zone for potential reversal (113% - 127%) correction of the last swing. 🚀 Trade Setup: - Initiate Buy Trade - Risk-Reward Ratio: 1:9 - Potential Return: 25% - Risk: 3% 📊 Trade Parameters: - CMP: 1528 -...
BANKNIFTY – Trading Plan for 12-JAN-2024 📈📉 Buying Levels 💸 1. First buy near 47335 with SL of 47280 for Target 47680 – 47739 🎯 2. Second Buy near 47149 with SL of 47090 for the Target of 47445 – 47500 🎯 Profit Booking / Short Trade 📉💰 - On Gap Up Opening, short near 47680 if prices face resistance near 47740 and start trading below 47700 for the Target of 47400...
NIFTY – Trading Levels and Plan for 12-JAN-2024 📈📉 Short Trade 📉🔔 - If opens in gap up near 21750, short with SL of 21770 for the target of 21642 🎯 Buy Scenario 1 📈🎯 - If it sustains above 21750, buy for the target of 21898 🚀 Buy Scenario 2 📈🎯 - If opens flat and takes support at 21642 and starts trading above 21670, buy with SL of 21640 for the target of...
📈 At the Verge of a Breakout! 🚀 📉 After completing an ABC correction structure in the Intermediate wave, this stock is now poised to break out of a pole and flag pattern. 📊 🚀 A successful breakout could potentially lift prices by 20%-25% in the very near term. 📈 💹 Currently trading 18% down from its high, this breakout signals a promising opportunity for...
📈 Gap Opening above 21700: If prices open above 21700 and stay there, there's a potential move to 21757. The market might then trade sideways between 21757 and 21797. - 🔍 If trading below 21740, consider a Short Trade with a Stop Loss (SL) set at 21760, targeting 21640. 📉 Flat Opening near 21620-21600: In case of a flat opening in the range of...
📈 Gap Up Opening above 47450: If there is a gap-up opening above 47450: - 📈 Consider a buy trade with a target range of 47585-47600-47738 and a Stop Loss (SL) set at 47350. 📉 Flat Opening near 47350: In the scenario of a flat opening around 47350: - 📈 Buy near 47300 with a SL of 47234, targeting 47585-47600. - 📈 Additionally, consider buying near...
GAP-UP Opening above 21600: - If the hourly candle closes above 21600 without breaking the last day’s low, consider a BUY trade. - Entry: BUY - Target: 21666 – 21700 🎯 - Otherwise, no trade is suggested until a close above 21600 without breaking the last low or making a new low. Flat Opening near 21500: - First Buying Trade near 21500 - Entry: BUY with...
BANKNIFTY – Strategies for 09-JAN-2023 📈📉 GAP-UP Opening above 47600: - Short near 47725 with SL of 47760-47780 for the target of 47508 – 47464 📉❌ - If the first-hour candle closes above 47780 (without breaking last day’s low), consider a BUY trade. - Entry: BUY - Targets: 48010, 48200 🎯 - SL: 47725 ❌ Flat Opening near 47450: - First Buy Near 47400 -...
**Intraday Price Action Strategy 📉📈** **Resistance Zone 48400-48500:** - **Sell:** If prices face resistance at 48450-48500 and trade below 48400, SL 🛑 of 48510, Target 🎯 48089 - **Buy:** If sustains above 48500, Target 🎯 48673-48765, SL 🛑 of 48399 **Flat Opening near 48100:** - Prices might trade sideways between 47930 – 48058 - **Below 47930:** Target 🎯...
**NIFTY 08-JAN-2024 Trading Strategy 📈📉** **Gap Up Opening (Above 21750)** - **Buy:** If sustains first 30 minutes, SL 🛑 of 21710, Target 🎯 21812 – 21875 - **Sell:** If doesn’t sustain above 21750 and trades below 21740, SL 🛑 of 21765, Target 🎯 21600 **Flat Opening** - **Buy:** Near 21600, SL 🛑 of 21575, Target 🎯 21745, 21800 - **Or Buy:** Above 21760, SL 🛑 of...