NIFTY 50 4hr analysis (bullish) (16/04/2025)Welcome back folks
havent been posting lately because of the hectic schedule,
the analysis is based majorly on the current emotions of the speculators that is relief bullish rally
- possible gap up tomorrow, if market makers decide to book profits tomorrow then its blood bath again imo
- either a follow up range or breakout above marked figures in the chart is expected
- i personally believe to not overthink this and be a part of the crowd and hope for the latter
trade cautiously, i wont be posting index charts anytime soon now, only stocks if schedule allows me
feel free to chat with me in the comments
Nse
March Pain Point in $NSE:NIFTY | Best Support is Coming !NSE:NIFTY
Hi
Green Area Is Best Time to Accumulate Stocks.
Best Support, and Stocks with Low Beta are the Gems So Accumulate them with Nifty Supports.
Too Much is Happening, like Nifty Rebalancing, Nifty50 Next Rebalancing, Global Sentiments with Indian Govt Love for Tax Policy.
Be Prudent !
Let Them Short and Long on the Other Side.
Make Good Position on Nifty Stock !
thanks
ICICI Prudential Life – Turning the Corner?After months of steady decline inside a falling channel, ICICI Prudential Life is showing early signs of reversal. The stock has recently broken out of its channel with a strong bullish weekly candle, closing at ₹571.70 with a +4.5% gain. Volume is picking up, and RSI is curling up above 40 with a bullish divergence—indicating momentum is building. Price is now near a key resistance zone (~₹590–₹610); a clean breakout here could confirm trend reversal.
📊 Financial Snapshot
Net Premium Income: ₹10,169 Cr vs ₹9,465 Cr ⬆️
PAT: ₹226 Cr vs ₹221 Cr (flat YoY)
VNB Margin: Healthy at 26.7%
Embedded Value: ₹47,020 Cr
Solvency Ratio: Strong at 211%
AUM: ₹2.88 Lakh Cr
💡 Why Consider Buying?
Reversal setup after long correction
Attractive risk-reward near base
Steady premium growth, strong solvency
Long-term growth play on India’s underpenetrated life insurance sector
🚫 Risks / Why to Wait:
Resistance at ₹590–₹610 still intact
PAT growth has been flat
Sector sentiment can be sensitive to interest rate trends
🎯 Trade Setup:
Buy Zone: ₹565–575
Target 1: ₹610
Target 2: ₹660
Stop Loss: ₹540
for educational purposes only
NIFTY : TRADING LEVELS AND PLAN – 07-Feb-2025📌
🔹 Previous Close: 23,628.05
🔹 Important Zones to Watch:
🟥 Profit Booking Zone: 24,024 - 24,155
🟥 Last Intraday Resistance: 23,900
🟧 Opening Resistance: 23,747
🟧 No Trade Zone: 23,566 - 23,656
🟩 Last Intraday Support: 23,442
🟢 Support for Sideways Market: 23,346
📈 Scenario 1: Gap-Up Opening (Above 23,750)
If NIFTY opens with a gap-up of 100+ points above 23,750, it will enter the Opening Resistance Zone (23,747 - 23,900).
🔹 Bullish Strategy:
If NIFTY sustains above 23,900, expect a strong move toward the Profit Booking Zone (24,024 - 24,155).
Ideal entry will be on retracement near 23,900 with SL below 23,850.
🔻 Bearish Scenario:
If rejection is seen from 23,900 - 24,024, a short trade can be initiated targeting 23,750 - 23,650.
Stop loss for short trade above 24,100.
📝 Pro Tip: A direct gap-up into a resistance zone often leads to profit booking. Avoid aggressive longs unless a breakout is confirmed.
📊 Scenario 2: Flat Opening (Between 23,566 - 23,656)
A flat opening within the No Trade Zone (23,566 - 23,656) suggests uncertainty. Traders should wait for a clear breakout or breakdown.
🔹 Bullish Plan:
A breakout above 23,656 can trigger a long trade targeting 23,747 - 23,900.
SL for longs should be below 23,600.
🔻 Bearish Plan:
If NIFTY breaks below 23,566, expect a drop toward 23,442.
Short trade can be taken with SL above 23,600.
📝 Pro Tip: A flat opening often leads to range-bound price action initially. Avoid taking trades in the first 15-20 minutes unless a clear trend emerges.
📉 Scenario 3: Gap-Down Opening (Below 23,450)
If NIFTY opens below 23,450, it enters the Last Intraday Support Zone. Watch for a reversal or further breakdown.
🔹 Buying Opportunity:
A bullish reversal from 23,346 - 23,442 can give a long trade opportunity targeting 23,566 - 23,656.
Stop loss for longs should be below 23,300.
🔻 Breakdown Plan:
If 23,346 breaks, expect further downside toward 23,200-23,150.
Short trade can be taken with SL above 23,400.
📝 Pro Tip: A gap-down below key supports often triggers panic selling. But if a quick pullback is seen, it might be a bear trap—wait for confirmation before shorting.
⚠️ Risk Management & Options Trading Tips
✔ Option Buyers: Trade ATM (At-the-Money) options and avoid OTM options when volatility is low.
✔ Option Sellers: If IV (Implied Volatility) is high, selling OTM strikes can be a good strategy.
✔ Always Use Stop Loss: Risk management is key to capital preservation.
✔ Avoid Overtrading: Stick to planned trades and don’t force setups.
📌 Summary & Conclusion
🚀 Bullish above: 23,656 (Target 23,900 - 24,024)
📉 Bearish below: 23,566 (Target 23,442 - 23,346)
⚠️ Key Zones to Watch: No Trade Zone & Profit Booking Area
📊 Expect Volatility: Let the market establish a clear direction before taking trades.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Always do your own research before taking any trades. 📢📊
#NIFTY #TradingPlan #StockMarket #OptionsTrading 🚀
BAJAJHFL Short term IdeaBAJAJHFL is at breakout level. It has tested the TL 2 times and now the swing broke.
People who are looking for low risk and High reward can look this.
This is not a call, please analyze and consult your financial advisor before investing.
Entry can be at Spot(115.29) or safe players can enter above 120, your Risk will be 110(Stoploss) and Targets T1 - 145, T2 - 180.
Estimated Holding time - 3 to 6 months, maximum - 1 year
Tata Motors Forms Reverse H&S, Targets 61.8% Fibonacci Level?Tata Motors trying to form a reverse head and shoulders pattern, a bullish indicator suggesting a potential price reversal. As the stock continues to rise, it is anticipated to touch the 61.8% Fibonacci retracement level possibly before the upcoming announcement of Quarterly results (17% up move from current levels), a critical point often associated with significant price movements. Investors should watch for confirmation of this pattern to gauge potential upward momentum.
View invalidates below 720 on Daily close.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
BUY MAZAGON DOCK SHIPBUILD LTD After split in last month stock was going through tight downside consolidation phase, now it is showing trend reversal with budget coming near with expectation of increase in DEFENCE EXPENDITURE. BUYING RANGE 2170-2200 WITH TARGET OF 2400,2700 AND FOLLOW STOPLOSS OF 1850.
BAJAJFINSV BUY PROJECTION Bajajfinsv - Buy View
Trade Setup :
Monthly - Strong Support and FIB 0.786
Weekly - Symmetric Triangle Breakout
Day - Higher High Formed (Uptrend)
Entry - Aggressive Trader(Entry Now)
Conservative Trader - 1588 Rs
Target 1 - 1925 Rs
Target 2 - 1971 Rs
Stoploss - 1514 Rs
Expected Return - 20 %
stock for swing KRN Heat Exchanger and Refrigeration Ltd
TF-1DAY
The stock was in a consolidation phase and now it has broken the upper side level.if this candle sustains the 880 level then make plan for entry
STOPLOSS-820
TARGET-940-980-1000++
KRN Heat Exchanger and Refrigeration (KHERL), manufactures fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry.
SWING IDEA - BALAJI AMINESBalaji Amines , a leading manufacturer of specialty chemicals, is showing promising signs for a potential swing trade.
Reasons are listed below:
Crucial Support Zone (1850-2000) : The 1850-2000 range has proven to be a strong support zone, indicating significant buying interest and potential for a price rebound.
0.618 Fibonacci Support : The price has found support at the 0.618 Fibonacci retracement level, often referred to as the "golden ratio," suggesting a likely reversal or continuation of the uptrend.
Bullish Marubozu Candle on Weekly Timeframe : The recent weekly candle is a bullish marubozu, characterized by little to no shadows, indicating strong buying pressure and potential for further upward movement.
Support from 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages, providing strong support and confirming the long-term uptrend.
Increase in Volumes : A noticeable spike in trading volume often confirms the strength of a price move, indicating greater participation and confidence in the direction of the trend.
Target - 2720 // 3030 // 3800
Stoploss - weekly close below 1875
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - JUBILANT PHARMOVAJubilant Pharmova , a diversified global pharmaceutical and life sciences company, offers an attractive swing trade setup with the following technical factors.
Reasons are listed below :
Break of 1000 Resistance : The price has decisively broken above the significant 1000 level and is sustaining, indicating strength and bullish momentum.
Consolidation Breakout : The stock is breaking out of a consolidation phase lasting over 6 years, suggesting a potential long-term uptrend.
Volume Spike : Increased trading volumes highlight growing investor interest and support the breakout.
Engulfing Candle : A bullish engulfing candle on the weekly timeframe reflects strong buying sentiment.
Target - 1450 // 1590
Stoploss - weekly close below 1030
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - PNB HOUSING FINANCEPNB Housing Finance , a prominent housing finance company in India, is exhibiting a promising swing trade setup supported by strong technical signals.
Reasons are listed below :
Breakout and Retest of 800 Zone : The stock previously broke a strong resistance at 800 and is now retesting it, showing potential for upward momentum.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe indicates robust buying interest.
Golden Fibonacci Zone : The stock is bouncing back from a key Fibonacci retracement level, suggesting a continuation of the uptrend.
50 EMA Support : Price action is well-supported by the 50 EMA on the weekly timeframe, affirming bullish sentiment.
Volume Spike : A significant increase in trading volumes highlights growing investor confidence.
Target - 1190 // 1380
Stoploss - weekly close below 825
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - THE RAMCO CEMENTS Ramco Cements , one of India's leading cement manufacturers, is showing a promising swing trade setup with compelling technical signals.
Reasons are listed below :
Cup and Handle Pattern Breakout : The price is breaking out from a classic cup and handle pattern, which indicates a continuation of the upward trend.
1050 Resistance Zone : This level has been tested multiple times and is now showing signs of a breakout, suggesting strong bullish sentiment.
2.5+ Year Consolidation Break : The stock is emerging from a prolonged consolidation phase, which often signals a significant trend reversal or continuation.
Bullish Engulfing Candle : A bullish engulfing candle on the daily timeframe highlights strong buying momentum.
Target - 1150 // 1215 // 1340
Stoploss - weekly close below 925
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Blue or Red - Which Alternative Would Play Out in NIFTY50?I see two major possibilities in NSE:NIFTY from Elliott Wave perspective, marked in red and blue.
As per blue counts, B of ABC down was done at 24857.75 and we are in C down. The downmove in C so far was corrective W (internally WXYXZ, or triple zigzag) so the bounce this week should be X. X has already retraced more than 50%, though less than 61.8%, so there is a possibility this X is complete and wave Y down within larger wave C will unfold next week. Having said that, X may not be over and might do 61.8% or more so that leaves some more room on the upside followed by Y down.
On the other hand, as per red counts, we are still in wave B of ABC down. 61.8% of the A is around 25125 so B might make an attempt towards or beyond that level. Once that's done, C should unfold on the downside.
Bigger picture is that, C down is still pending (or already in progress as per blue count) in both scenarios. If we break the low of 23460 then blue wave counts would likely play out. But if we break this week's high of 23226.70 then either blue or red counts could be in play as per the upside levels mentioned in both cases.
Let's see on which side camel will sit ...
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.