Kartik_Elkunchwar

Kartik_Elkunchwar Jul 16

Company Overview * Name: Tata Motors Ltd. * Industry: Automotive * Key Segments: Passenger Vehicles (PV), Commercial Vehicles (CV), Electric Vehicles (EV), Jaguar Land Rover (JLR) * FY25 Milestone: The Automotive business became debt-free Q4 FY25 Performance Overview * Net Profit: ₹8,556 crore (Down 51% YoY) * Reason for Decline: * High base due to...

Kartik_Elkunchwar Jul 16

HDB Financial Services, recently listed at a 12.8% premium over its issue price of ₹740, has shown promising technical movement. After a period of sideways consolidation, the stock has broken out of a descending triangle pattern—an encouraging sign for potential downside momentum. For long-term investors and swing traders, the ₹740 level presents a strategic...

Kartik_Elkunchwar Jul 12

Market Structure Overview: Markets typically move in two major phases: 🔹 Trend Phase (directional movement) 🔹 Consolidation Phase (sideways movement or accumulation/distribution) These phases repeat as: Trend → Consolidation → Trend → Consolidation Ethereum Price Action Breakdown (Daily Timeframe): Mid-December to End-April: Clear downtrend...

Kartik_Elkunchwar Jun 25

Technical Analysis: Ather Energy has successfully broken above the key resistance level of ₹330 and is currently trading around ₹340. This breakout is supported by a noticeable surge in volume, confirming bullish momentum. The ₹330 level, which previously acted as a strong resistance, may now serve as a potential support in the event of a retest. Traders and...

Kartik_Elkunchwar Jun 23

After an extended period of consolidation, Ethereum (ETH) has finally retested the critical support level of $2,100, which aligns closely with the 0.5 Fibonacci retracement level of the bullish trend that began in April. This confluence of technical factors strengthens the validity of this level as a strong demand zone. The price action suggests that ETH may be...

Kartik_Elkunchwar Jun 20

Prostarm has decisively broken its all-time high. Since its IPO on June 3rd, it has successfully surpassed the major resistance level of 126 and is holding strong above it. We should take advantage of this opportunity and establish a long position on the retest of the 126 level.

Kartik_Elkunchwar Jun 20

NTPC GREEN is currently in a symmetrical pattern and is encountering resistance at the crucial level of 112. If it breaks through this resistance and the triangle while sustaining above 112, we will likely see a significant price increase.

Kartik_Elkunchwar Updated  Jun 11

USD/JPY Technical Setup – Bullish Continuation in Play? USD/JPY is currently respecting a short-term ascending trendline, indicating sustained buying interest. The price consolidates just below a key resistance zone around 145.20, suggesting a potential breakout setup. 🔍 Key Technical Highlights: * 📈 Trendline Support: Price has consistently respected this...

Kartik_Elkunchwar Jun 11

Technical Outlook: Prostar Microfinance Ltd. Current Market Structure: Prostar Microfinance Ltd. is presently consolidating within a narrow trading range between ₹112 and ₹118. This range-bound movement indicates indecision in the market, with neither bulls nor bears taking full control at this stage. Scenario-Based Strategic Guidance 1. Existing...

Kartik_Elkunchwar May 30

Bitcoin Technical Analysis – In-Depth Breakdown Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment. Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new...

Kartik_Elkunchwar May 25

Ather Energy’s Maiden Quarterly Results Reflect Positive Momentum Ather Energy recently reported its first quarterly results, showcasing a significant improvement in its financial performance. Revenue surged by approximately one-third, while EBITDA loss contracted to ₹172 crore from ₹239 crore year-on-year, indicating a clear path towards profitability. On the...

Kartik_Elkunchwar May 20

📊 EUR/USD Technical Analysis – Breakout Watch..! 💥 🕰 Timeframe: 4H | 📅 Date: May 20, 2025 By: @Kartik\_Elkunchwar The EUR/USD pair is showing an **interesting structure** with strong breakout potential. Here's the breakdown: 🔍 Chart Pattern Observed: Symmetrical Triangle After a strong uptrend since late March, price consolidated into a symmetrical triangle,...

Kartik_Elkunchwar May 9

Ethereum Breaks Key Resistance, Signaling Potential Trend Reversal Ethereum has delivered two significant technical signals indicating a potential trend reversal. The first is a breakout above the longstanding downtrend line, and the second is the breach of the critical \$2,100 resistance level. These developments suggest growing bullish momentum in the...

Kartik_Elkunchwar May 8

🔥 LTC Breakout Alert! 🚀 Litecoin is battling resistance at $93—smash through and hold, and we’re eyeing a massive jump to $97-$100! 📈 This could be the perfect long setup if it sticks! Don’t miss out, traders—watch closely! 👀💥

Kartik_Elkunchwar Apr 27

Ethereum Up 30% — But Is This the Start of a Trend Reversal..? Ethereum has seen a notable bounce this month, climbing approximately 30% from its local bottom of $1,400 to its current level around $1,800. While this rally might appear promising at first glance, a deeper look at the daily timeframe reveals a more cautious picture. Despite the recent price surge,...

Kartik_Elkunchwar Updated  Apr 23

Solana Breaks Key Resistance – Eyes Set on $150 and $180 Targets Solana (SOL) has successfully broken through the strong resistance level at $136 after several failed attempts, signaling a potential continuation of its current uptrend. This breakout marks a significant technical milestone for SOL, which had previously struggled to maintain momentum above this...

Kartik_Elkunchwar Apr 19

SBI Breaks Out of Head and Shoulders Pattern – Pullback Entry Opportunity at ₹876 State Bank of India (SBI) has been forming a classic Head and Shoulders pattern on the 4-hour timeframe, and it has now successfully broken below the neckline, signaling a potential bearish move ahead. From a trading perspective, this breakout could present an opportunity for short...

Kartik_Elkunchwar Apr 14

Tata Motors at Key Technical Support: A Long-Term Buying Opportunity..? Tata Motors is currently trading near the ₹600 level, which marks a significant technical support zone. This level is important not only because of historical price action but also because it aligns with the 0.5 Fibonacci retracement level of the broader uptrend seen in recent months. The...