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CNXENERGY trade ideas

Nifty Energy Index Analysis: Volume Breakdown at Key Levels Discover the critical support and resistance zones for the Nifty Energy Index with a detailed volume breakdown. Learn how the grey zone acts as a pivotal area for potential price action. Will the index break down below key support or bounce back for an upward move? Find actionable trade setups for bullish and bearish scenarios with precise entry, stop loss, and target levels. Stay ahead in the market with professional insights. Learn technical setups at @PriceActionTrader_yt.
NSE:CNXENERGY
by pas_infinity
India's Growth Story - Top 5 Sectors which will be in Lime-LightA Quick Overview of Global Major Economies Japan, US, UK, Australia, Germany are officially in Recession USA has not declared Recession officially as it is just covering up the underlying problem Chinese Economy is in serious turmoil Now where does India Stand? Which Sectors within India are dependent on these Foreign Economies? Which Sectors are in "Atmanirbhar" status ? which can continue their Rally ? As you all know Indian IT Industry is heavily dependent on Foreign Projects - US / UK / European / Australian IT Offshoring projects. Given these major economies are in Recession - IT will likely face "Some Impact". At the same time, globally there is big GaGa on Generative AI and Indian IT industry focussing on AI - is all set to Offset the negative impact from Classical Offshoring Projects. This will help ease some pressure on IT companies, but overall IT is expected to have slower growth Keeping aside the Politics, the current Governmental Policies are so favorable for the following sectors and hence I believe in India's Growth Story and expect a Blasting Rally on the below sectors Energy: India has transformed from a country begging western world for permission to buy Uranium for Domestic Nuclear Energy generation to a Country which stands tall on the use of All types of Green Energy (Solar, Wind, Hydrogen, Hydro-Electric etc...) and has become Truly Atmanirbhar in generating enough power for us. Green Energy is just starting up - there is much more to go and investments on Green Energy sector is only going to multiply after the Election Defence: India again has transformed from being a Major Defence Equipment Importer to a Major Defence Exporter. This again is a Sunrise Sector and Indian Defence Sector is going to grow multi-fold in future both in Short and Long Term and hence the Rally would Continue and even Grow bigger after the Election PSU: As you all know, the Central Govt is emphasizing on PSUs so much and advertising heavily in Parliament, Rajya Sabha/Lok Sabha to invest in PSUs. Irrespective of any politics, given the upcoming Election, the Govt cannot afford to have an impact to their Brand Image if PSUs crash. They won't allow that either Pre-Election or even Post-Election and Technically many PSU stocks are on the verge of Breakout / doing a Retest after break out. Long long way to go on PSU side Railways: With 3000+ New Trains, Bullet Trains, Conversion of traditional trains into Vande Bharat - the govt has made their plans clearly and invested heavily on Railway Modernisation plan. Even in the Interim budget there is strong Emphasis on Railway sector which is only going to multiply after the Election and hence the brief pause that we see in Railways will get released post Election and there is much Bigger Rally awaited in Railways in the next 3-5 years Infra: Next to Railways, the Govt has emphasized and invested heavily on the Infrastructure development and expansion throughout the country and detailed out their intentions even during the Interim budget. India's Road / Rail / Sea & Airport Infrastructure is seeing a Massive Growth in recent years making the setup ready for Make-in-India Theme and Ease-of-Doing-Business themes drawing huge amounts of Foreign Investments Given these reasons, I see a major and continued growth and expansion of the above 5 Macro Sectors and their dependent Sub-sectors like Cement, Steel & Metal sectors both in Short and Long Term (both pre and post-Election) I believe in India's Growth Story - both the Story & Screenplay are super Strong and Indian Economy is positioned so strong among their Global Peers and heading for non-stop growth while other majors have started to fall down (China, Germany, Japan, UK, France, USA etc...) Keep Holding your Winners. Always Analyse Technical Charts, Support & Resistance Levels of Individual Stocks before taking position Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:CNXENERGYLong
by Stocks-n-Trends
1
Guru Drona (Market) Vs Smartest Disciple Arjun (Investors)The Market has the habit of Shrugging-off Weak Hands every once in a while by creating a "Panic Sell-Off" Scenario. The most popular arguments that we get to see are 1) Long Term Investors - Be Patient - ignore noise - avoid looking at markets daily 2) Traders - Every stock has to have a SL. Else short Term bets will turn long investments unnecessarily While both statements have their credibility - only experienced people can understand the nuances between them - the Unspoken truth. Many Retail traders are very new and very naive - very much afraid and have very less capital to play around. Their main priority is to Save Principal - Decent Returns, but most of them end up in Loss. Look at the 4 Indices shown - Nifty 50, Small Cap, Mid Cap, Nifty Energy - there are other indices as well - which CRASHED together on same day - Dec 20, Jan 23. Should we Book Profits ? Exit in minimal Loss ? Hold indefinitely ? - These are the most debated topics and many "Smart" Investors think they are trying to Outsmart the Market, but Maha Guru Drona (Market) Teaches them a Very Serious Lesson On Dec 20 - My Portfolio Crashed to -1.35 Lakhs by 10:00 am and within 2 Hours it recovered to -25000 by 12:00 pm. If we sold-off in Panic on the sudden fall - we would have become Crazy to see the recovery in 2 hours On Jan 23 - My Portfolio Crashed to -1.51 Lakhs by Day Close. Jan 24 - It recovered +1.24 Lakhs and Jan 25 (Today) it gave me an additional +1.40 Lakhs. I recovered in just 2 days + I received 60% Additional Profit without doing anything Really ??? Without doing anything ??? - Well the Answer is NO. I did NOT try to Outsmart by Guru because I realized the fact that even the Mighty - All Powerful - Smartest - Favourite Disciple Arjuna did NOT try to Outsmart / Kill his Guru. He used his skills to Defend himself and his Troops from the attack of Drona (Market). You need the Support & Blessing of Krishna (God) + support of the Chosen one (Drishtadyumna) to Kill the Guru. Please realize we are neither God - nor the Chosen one. So Don't Try to Outsmart...But be a Loyal Disciple to the Market and Try to understand its Flow and Play alongside So - What do we need to do ? The Answer lies in the Charts - as you can see - Despite the Massive Crash each day (Dec 20, Jan 23) - the Market rested just above their Support line. Why Fear When Krishna's Support is Here - So we need to Check the Support and Resistances of Indices and also each of our Stocks in the Portfolio if any major supports are Broken and if the Next support is Near / Far. Exit your Stocks ONLY if the next Support is Far Away. Else, the Market would Rebound in no time - making you Crazy and pushing you to death So the answer is to do Proper Homework - Not Blind Patience / Neither Panic Selling. Learn Technicals, Earn Good Wealth Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:CNXENERGYLong
by Stocks-n-Trends
Can 1st Week of 2024 avoid the Thunderstorm of Dec 20, 2023 ???Remember the Great Sudden Multi-Sector Fall of Dec 20, 2023 where Almost all Sectors of NSE/BSE fell together ??? Refer our 8 Part Series - Decoding the Mystery of the Dec 20 Fall for more explanation of why we faced Major Selling Pressure Across Sectors Is there a possibility of something Similar on the New Year Week ??? - Before we say Yes / No - let's first understand what happened on Dec 20, 2023. If 1 particular Sector (ex: Small Cap) faces its resistance, major small stocks is expected to face a correction. When we have diversified portfolio with multiple sectors - we will still have a healthy Day P&L as other sectors provide some support When All Sectors face their Resistance together - most of the stocks in your portfolio will see RED same day which triggers Panic Selling of weak hands - which aggravates the situation further. 1st Week of Jan 2024 is facing similar situation. 6 out of 13 Sectors what we reviewed are facing their Resistance together. Rather than saying its "Time to be Cautious", I would suggest "Its Time to be Brave". There could be a Panic Selling again from Retail investors, but its just a normal Correction. Those who held their nerve on the Dec 20 crash would vouch for the fact that their Portfolio recovered fully / more than the fall within next 2-3 (or max 5) sessions. Small Cap Mid Cap Energy Realty IT Nifty The Remaining 7 Sectors - Look good with BO and more room for Upward move. So, this time, it won't be as bad as Dec 20 and if people realize their Mistakes from Dec 20 and hold their nerve - we can collectively overcome the situation 7 Sectors that are Bullish / Have more room for Upside: Pharma Media Metal Auto Finance Bank Nifty FMCG If you like our analysis - please do share your views, likes, Boosts and support us - Team Stocks-n-Trends
NSE:CNXENERGYShort
by Stocks-n-Trends
1
Decoding the Mystery Behind the Dec 20 Fall - Part 55. Nifty Energy -2.68% fall 3Months / Monthly - After a steep rise initially - the sector has reduced the angle of growth - forming an upward parallel Channel with an Embedded Flag Pattern - BO is also done 6 months back Weekly - Precise Rejection from the Long Term Trendline Resistance. See how beautifully it touches the top of the Green candle and cuts thru this week's Red. Remember one thing - when each sector faces their Resistance separately the fall is smaller. But when ALL Sectors face their resistances together on same day - the Fall usually is significant. Because this is how big players Orchestrate the fall and due to this "Repeated Human Behavior" the Chart pattern becomes "Predictable and Repeatable"
NSE:CNXENERGY
by Stocks-n-Trends
NIFTY ENERGY, FALL OF 13%this fall could take a bit more time, then drawn on chart, but from chart we could clearly see that nifty energy is overvalued. in all time frame, the rsi currently is at 60, the average, or the mostly rsi being in the chart is around 50. although, it has been falling, and yet following a triangle pattern. there could be a downside, fall. the dark black line is the trend, which is drawn from 2004''s trend till its ATH. the trend should be followed by the indices. adani stocs could fall, they have made the index to go a lot upside, in the short term, there could be a lot volatility, and in coming months, the index may falling by 13%. reliance is somewhat discount(weightage- 35% in nifty energy), NTPC also fall in a good amount. in 5 year time frame, rsi is also showing a good trangle pattern. if any breach on downside of support, will result in start of bear market, for nifty energy. i am saying volatile because reliance is discounted, NTPC, could go up by 5-7% then fall, and adani stocks are rarely unpredictable, so this may cause the index to move up-down, causing volatility, but in longer term, it looks overvalued, and will fall about 13%.
NSE:CNXENERGYShort
by raghavchoudhary2016