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BHARAT DYNAMICS | LONG | POSITIONALBHARAT DYNAMICS has recently been in the news for Govt. order purchases. The stock has been exhibiting Bullish price action since the beginning of 2025. As you can see, the price tested the 50% zone of the last correction since July 2024 and after rejecting that level, it has given its first Higher Low. This would be a good entry zone for Best Risk to Reward. Those looking to Hold it Long Term can aim for a First Target of 1685 price. SL would be 1781
NSE:BDLLong
by Sky_Tracer
Reliance Bullish View From Here 29-01-251. Reliance Industries Limited (RIL) is one of India's largest and most diversified conglomerates, founded by Dhirubhai Ambani in 1973. 2. It operates in key sectors like petrochemicals, refining, oil and gas exploration, retail, telecommunications, and digital services. 3. Reliance is the parent company of popular brands like Jio (telecom) and Reliance Retail, driving major market disruptions. 4. It is a Fortune Global 500 company and has a significant presence in both Indian and international markets. 5. Under Mukesh Ambani’s leadership, the company has consistently focused on innovation, technology, and sustainability initiatives.
NSE:RELIANCELong
by TheGoldenFarmsofEquity
Hero Moto Corp Bullish View 29-1-251. Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters, based in India. 2. It was founded in 1984 as a joint venture between Hero Cycles and Honda, but became independent in 2010. 3. The company is known for iconic two-wheelers like the Splendor, Passion, and Glamour. 4. Hero MotoCorp operates in over 40 countries with multiple manufacturing plants globally. 5. It focuses on innovation and sustainability, with a growing portfolio of electric vehicles.
NSE:HEROMOTOCOLong
by TheGoldenFarmsofEquity
Suzlon Set to Rise After Strong Earnings: What's Next...?**Q3 Results Live: Suzlon Energy Reports 91% Increase in Net Profit to ₹387 Crore** - Net profit has risen by 91% year-over-year, reaching ₹387 crore. - Revenue has also increased by 91% year-over-year, totaling ₹2,969 crore. - EBITDA has more than doubled, now standing at ₹500 crore. - EBITDA margin is recorded at 16.8%. At present, Suzlon is positioned at a crucial support level of 50 on the weekly timeframe, indicating possible price stabilization. This level has historically served as a strong point of interest for buyers. Observing the trendline, it's essential to monitor for a potential breakout from the current downtrend. If the price decisively surpasses this bearish trend, it may signal an opportune moment to initiate a long position or consider buying, reflecting a shift in market sentiment towards a bullish outlook. It’s advisable to look for additional confirmation through volume analysis or other technical indicators to strengthen the decision-making process.
NSE:SUZLON
by Kartik_Elkunchwar
JSW Infra Set to Rise After Strong Results and Key Support..!JSW Infrastructure has released its financial results for the December quarter, showcasing a remarkable 32.35 percent surge in consolidated net profit, reaching an impressive Rs 335.62 crore. This substantial increase marks a significant rise from Rs 253.57 crore in the same quarter last year, fueled by a notable boost in income, as highlighted in the company's official statement. Looking at the technical chart, the stock is currently positioned at a critical support level of Rs 260. It is making a determined effort to hold above this threshold, indicating a potential opportunity for investors. Given this scenario, traders might consider taking long positions or executing a buying strategy for swing trading, as a sustained performance above this level could signal further upward momentum.
NSE:JSWINFRALong
by Kartik_Elkunchwar
Hyundai Motors Set to Fall After Disappointing Quarterly ResultsHyundai Motor India reported a 19% year-on-year (YoY) decline in its consolidated net profit for the December quarter. The profit stood at Rs 1,161 crore, compared to Rs 1,425 crore during the same period last year. This decline was attributed to lower domestic sales and exports. As the stock has been recently listed, there isn't much historical data available for technical analysis. However, it has broken the previous closing low of Rs 1,635, which suggests that we can expect further declines, potentially leading to weaker results.
NSE:HYUNDAIShort
by Kartik_Elkunchwar
BALAKRISHNA IND LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BALKRISIND
by zenthosh
ICICI Bank Breaks Resistance on Solid Earnings – What's Next...?ICICI Bank has seen a notable increase of approximately 2.5% following a robust quarterly performance that exceeded market expectations. The bank reported a significant net profit uptick of 15%, amounting to ₹11,792.4 crore, reflecting its strategic initiatives' effectiveness. Additionally, its net interest income (NII) soared to ₹20,370 crore, driven by a healthy growth in lending and a favorable interest rate environment. In a complementary move, the Reserve Bank of India (RBI) has unveiled a measure to infuse ₹1.5 lakh crore in liquidity into the financial system. This action is aimed at enhancing the overall liquidity conditions in the market and supporting economic activity. Technically, the stock has successfully broken free from a downtrend that has been in place since December. It is now approaching a critical resistance level, which could be a pivotal point for future price movements. Should the stock manage to break through this resistance and sustain that position for a day or two, it could signal a strong buying opportunity for investors looking to capitalize on potential upside momentum. Hence, investors may want to consider initiating a long position or executing a purchase if these conditions are met.
NSE:ICICIBANKLong
by Kartik_Elkunchwar
BAJAJ FINANCE LTD: Bullish Momentum and Key Trading InsightsBAJAJ FINANCE LTD is demonstrating robust bullish momentum with potential breakout opportunities. Traders and investors should consider key indicators and trend direction to inform their trading strategies. Current Stock Price: ₹7,606.60 Key Levels: • Swing High: ₹7,824 • Swing Low: ₹6,451 Trend Direction: UPTREND Indicators in Focus Bullish Momentum and Possible Breakout: The stock is currently exhibiting strong bullish momentum, indicating positive market sentiment. This is further supported by a possible breakout scenario, suggesting that the stock might surpass significant resistance levels and experience substantial upward price movement. Swing Trade and Buy Today, Sell Tomorrow (BTST): Swing trading aims to capture gains from short-term price swings. This strategy is suitable for traders looking to capitalize on brief market movements. The BTST approach involves buying the stock today with the intention of selling it the next day for a profit, especially in a bullish market scenario. RSI Breakout: The Relative Strength Index (RSI) levels indicate momentum shifts. Current levels show that the stock is in a healthy trading range without extreme overbought or oversold conditions. Technical Indicators Analysis Daily (D), Weekly (W), Monthly (M): • Stochastic: High Stochastic values on the daily and weekly timeframes suggest that the stock is trading near its highest point in the trading range, indicating strong upward momentum and a bullish trend. On a monthly scale, the Stochastic value shows potential for a new upward swing, indicating room for further price appreciation. • CCI (Commodity Channel Index): High CCI values indicate that the stock's price is significantly higher than its average price, suggesting strong buying pressure and market interest. On a monthly scale, the mixed CCI values indicate a combination of bullish momentum and potential consolidation, hinting at a balanced market sentiment. • MACD (Moving Average Convergence Divergence): On the daily and weekly timeframes, a "Bull" indication aligns with the current uptrend, suggesting continued positive momentum. This reinforces the bullish sentiment and encourages investors to hold or buy the stock. However, mixed signals (Bull, Bear) on a monthly scale indicate potential long-term volatility, prompting investors to be cautious and consider risk management strategies. Swing Points: • Swing High: ₹7,824 • Possible Next Swing Point: ₹8,451 Volume Analysis Volume Data: • Current Volume: 2.48M • SMA Volume: 1.12M Current Volume vs. SMA Volume: When the current volume of 2.48M is compared to the SMA volume of 1.12M, we see that the current trading activity is significantly higher than the average. This indicates a surge in trading interest and strong investor participation. Impact on BAJAJ FINANCE LTD: 1. Increased Trading Activity: The high current volume suggests robust buying interest, potentially driving the stock price higher. 2. Confirmation of Bullish Momentum: The increased volume, along with bullish technical indicators, confirms the uptrend and signals further price appreciation. 3. Potential for Breakout: The significantly higher volume may lead to a breakout, with the stock breaking through key resistance levels and achieving substantial gains. Conclusion and Strategy Short-term (Swing Trade/BTST): With strong bullish momentum and potential breakout, the short-term strategy could focus on buying the stock at the current levels and targeting the next possible resistance levels (Swing High: ₹7,824 and ₹8,451). Long-term: Given the bullish sentiment in daily and weekly indicators, investors might consider holding the stock for longer periods, monitoring the monthly MACD and CCI for trend shifts. Risk Management: Use stop-loss orders to manage risk, particularly if the stock price nears key support levels or if bearish signals emerge in short-term indicators. Caution : Please note that the company’s financial results are due to be announced tomorrow, 29 January 2025. This can lead to increased volatility in the stock price. Traders should exercise caution and consider the potential impact of the results on their trading strategies.
NSE:BAJFINANCE
by ruelfernandes
ShortThis stock has been significantly overvalued for an extended period and seems to be due for a correction. Let’s take a closer look at what might unfold in the coming days: If the stock breaks below the critical level of 1995, we could see a swift move down towards 1589. This level is an important support zone, but it doesn’t mean the downward move will stop there. Investors should be cautious, as there might be some relief around 1725, which could act as a temporary support point. However, this relief would likely be short-lived. Given the overall overvaluation and current market conditions, any bounce off 1725 would likely be weak and won't signal a sustainable recovery. The key trigger for further downside would be a breach and close below 1995. Once this level is convincingly broken, the stock could face a significant downtrend. In such a case, investors should look to exit their positions, but with a well-placed stop-loss above 2175 to manage risk. That stop should offer protection in case of any unexpected rally or short-term bounce. Looking further ahead, a deeper correction towards 1509 appears to be the more plausible scenario, considering the current overvaluation and market sentiment. This deeper pullback could be a key buying opportunity for those who are patient and have a longer-term perspective. Once the stock reaches these levels, it would present a more attractive risk-to-reward ratio for accumulation, as it could set the stage for a recovery that eventually takes the stock to new highs.
NSE:LUPINShort
by Shivkumar600
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