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BSE - BSE Ltd. (45 mins. chart, NSE) - Long Position; short-termBSE - BSE Ltd. (45 mins. chart, NSE) - Long Position; short-term research idea. Risk assessment: High {volatility risk} Risk/Reward ratio ~ 3 Current Market Price (CMP) ~ 6480 Entry limit ~ 6370 to 6430 (Avg. - 6400) on April 23, 2025 1.⁠ ⁠Target limit ~ 6500 (+1.56%; +100 points) 2.⁠ ⁠Target limit ~ 6700 (+4.69%; +300 points) Stop order limit ~ 6300 (-1.56%; -100 points) Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter. LEGEND: {curly brackets} = observation notes = important updates (parentheses) = information details ~ tilde/approximation = variable value -hyphen = fixed value
NSE:BSELong
by VEDIMarketWatch
NIFTY : Critical Support Retested – Bank Nifty Adds Pressure !Title: 📊 NSE:NIFTY (₹23,644.90): Critical Support Retested – Bank Nifty Weakness Adds Pressure! 🔍 Market Overview: Current Price: ₹23,644.90 Key Observation: NSE:NIFTY is hovering near the crucial support of ₹23,540 (previously held on Dec 20). Breakdown Risk: If ₹23,540 fails to hold, expect a slide toward ₹23,300 and possibly ₹23,150. Market Sentiment: The market remains in an oversold zone, signaling a potential technical bounce, but weakness dominates. 🛑 Impact of Bank Nifty Weakness: NSE:BANKNIFTY Trend: Also showing signs of weakness, which adds downward pressure on Nifty50. Key Correlation: Financials have a significant weight in Nifty50; Bank Nifty's weakness could accelerate Nifty's downside move. 📊 Support & Resistance Levels: Support: ₹23,540 → ₹23,300 → ₹23,150 Resistance: ₹23,750 → ₹23,880 → ₹24,000 📈 Fibonacci Insights: The Fibonacci retracement highlights ₹23,540 as a make-or-break level. A bounce from here could see Nifty testing ₹23,750 as the first resistance level. ⚖️ Strategy: For Traders: Below ₹23,540 → Short with a target of ₹23,300, keeping a strict stop-loss near ₹23,750. Above ₹23,750 → Look for intraday longs targeting ₹23,880–₹24,000. For Investors: Use dips around ₹23,300–₹23,150 to accumulate quality stocks for long-term investment. ⚠️ Key Risks: Continued selling pressure in Bank Nifty can trigger sharper declines in Nifty50. Global cues and FII activity remain critical for near-term direction. Disclaimer: I am not a SEBI-registered advisor. This analysis is purely for informational and educational purposes. Please consult a SEBI-registered financial advisor before making trading or investment decisions.
NSE:NIFTY
by Fight_Bulls_vs_Bear
SBI Life Insurance Co. Ltd (NSE: SBILIFE) - Technical Analysis Price Action and Fibonacci Analysis SBI Life is currently trading at ₹1,628.85, which is near a crucial Fibonacci retracement level: 1. Fibonacci Levels: The price previously peaked around ₹1,935.10, forming a possible double-top pattern. It has since retraced, approaching the 50% retracement level at ₹1,624.75, a significant support zone. This level often acts as a key point for potential rebounds. Below this, the 61.8% level at ₹1,551.50 is the next major support. If the price declines further, this level could provide strong support. 2. Volume Profile: The Volume Profile on the right suggests a high volume node around ₹1,450, indicating strong accumulation in this zone. This level, if reached, could serve as a significant support area and potential bounce point. 3 . Moving Averages: The stock is currently trading near the 200-day moving average (black line), which may act as a long-term support level. The 50-day (blue) and 100-day (red) moving averages are above the current price, indicating that the stock has broken below its short- and medium-term trend lines. Technical Indicators 1. Relative Strength Index (RSI): The RSI is showing signs of being in the lower half of its range but hasn’t reached oversold territory, suggesting there may be further downside before a potential rebound. 2. Volume Trends: There has been a significant increase in volume during the recent pullback, indicating strong selling pressure. Conclusion and Potential Scenarios Bullish Scenario: If the stock holds the 50% Fibonacci level at ₹1,624.75 and the 200-day moving average, we could see a recovery toward the 38.2% level at ₹1,698.00, with further resistance at ₹1,788.60. Bearish Scenario: A break below ₹1,624.75 could lead the price toward the 61.8% level at ₹1,551.50. A further decline might see the price test the high-volume node around ₹1,450. Trading Strategy For Long Positions: Watch for a bounce near ₹1,624.75 or ₹1,551.50 with confirmation from volume and RSI improving from lower levels. For Short Positions: A breakdown below ₹1,624.75, particularly with strong volume, could present a shorting opportunity down to ₹1,551.50 or potentially lower. Note: Always consider market conditions and use proper risk management techniques.
NSE:SBILIFE
by AngshumanSaikia
BSE - 108% in 123 Days!BSE Ltd on the daily timeframe demonstrated exceptional performance, achieving all targets and exceeding expectations with a massive 108% gain in just 123 days. This trade was accurately identified using the Risological Swing Trading Indicator. BSE Key Levels: TP1: 2781.30 ✅ TP2: 3075.00 ✅ TP3: 3368.70 ✅ TP4: 3550.20 ✅ Technical Analysis: The entry point was perfectly timed at 2599.80, with a tightly managed stop-loss at 2452.95 to minimize risk. BSE followed a robust bullish trend, crossing the Risological trend line early and sustaining momentum throughout the trade. With all targets achieved, the stock's explosive breakout reaffirms the effectiveness of the Risological Swing Trading Indicator in capturing high-momentum moves. Traders leveraging this setup could capitalize on significant gains while maintaining discipline with predefined stop-loss and take-profit levels.
NSE:BSELong
by ProfitsNinja