Kartik_Elkunchwar

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Bitcoin has recently broken through a crucial support level of $92000 on the daily timeframe, following almost three months of consolidation. It may be prudent to hold off on entering a short position until a retest of the $92000 level occurs. The next significant support area to consider is approximately $73000, which could serve as a target for any potential...

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Solana has recently broken through the critical support level of $180 on the daily timeframe, signaling potential further downside. Traders are now faced with whether to take a short position immediately or wait for a retest of the broken support. For those looking to enter a short trade, the ideal entry zone lies between the $170 and $180 range. With this...

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Midcap Correction: How Much More Pain is Left..? The midcap sector has experienced a significant correction, currently down approximately 18% amid the broader market downturn. This raises an important question: how much more pain is left for midcaps? Historical Context and Market Correction : If we look at past trends, this 18% to 20% correction is not...

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SUI has maintained a key support level following a false breakout while simultaneously breaking out of the downtrend. You can consider taking a long position at the current or 3.370 levels, with a stop loss set at 3.000. The first target is at 4.000, the second at 4.500, and the third at 5.000, respectively.

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Cardano (ADA) has recently surpassed a significant resistance level on the daily timeframe, but it is currently facing challenges in maintaining its position above this level. A potential long trade could be considered if the daily candle closes at or above the 0.8200 mark. Conversely, if the price fails to hold above this level and begins to decline, a short...

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Kotak Mahindra Bank's share price rose more than 9% after the release of its third-quarter results, marking a significant breakout after an 18-day period of consolidation.

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CAMS is currently experiencing support at the multi-year level of 3,400 rupees. Recently, it has broken through its trendline, raising the question of whether it will sustain this breakout and potentially reverse the overall trend. At this stage, it’s prudent to monitor the situation to see if a reversal occurs. If a breakout is confirmed, a long position could be...

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CDSL is currently working to surpass the resistance level set at 1,352 rupees. Additionally, there is a downward trendline that the stock needs to clear to facilitate a potential upward movement. If CDSL is unable to break through this resistance, it may experience a further decline toward the 1,100 rupee mark. Conversely, for a substantial upward movement to take...

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Bajaj Finance has surpassed its previous all-time high of 8,080 rupees, fueled by robust buying activity amidst optimistic projections of rising consumer demand and a potential reduction in RBI interest rates. Traders may want to consider initiating a long position if the stock retests the 8,140 level. However, it is important to note that setting specific price...

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MARUTI SUZUKI is currently exhibiting a flag and pole pattern, emerging just after breaking through its all-time high level of 13000 rupees. This bullish formation typically indicates strong buyer interest, suggesting a potential continuation of the upward trend. If the stock manages to convincingly break out of the flag pattern, we could witness an exciting phase...

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TATA MOTORS is currently facing significant short-term resistance at a crucial lower low level. The stock has attempted to breach this resistance twice this week but has encountered rejection on both occasions. If it fails to overcome this resistance shortly, we could anticipate a further decline, potentially nearing the 600 rupee mark. This outlook is especially...

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MOTILAL OSWAL shares have recently emerged from a prolonged downtrend, decisively breaking through the key resistance level of 700 rupees. Notably, the stock has successfully retested this threshold, a positive indicator of its potential for upward momentum. At this juncture, it is crucial to monitor whether the stock can maintain its position above the 700...

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TRUMP coin has recently dropped below the significant threshold of $24, indicating a potential bearish trend. This decline may be exacerbated by the intensifying global trade tensions involving major economies such as the USA, Canada, China, and Mexico. As these nations engage in escalating trade disputes, the resulting uncertainty could increase market selling...

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Solana has recently breached its previous support level of $221, signaling a potential shift in market dynamics. Given the technical analysis indicators, there may be an opportunity to initiate a short trade upon the price retesting this level, which could serve as a new resistance point. However, traders should exercise caution in their approach, particularly in...

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Waaree Energies has reported an impressive net profit increase of 295%, totaling ₹492.6 crore, a significant leap that reflects the company's strong performance in the renewable energy sector. The stock trades within a defined range, presenting potential opportunities for investors. The optimal entry point for those considering a purchase would be at the listing...

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Deepak Fertilisers & Petrochemicals Corporation Limited has announced robust financial results for the third quarter of the fiscal year 2025, revealing a remarkable net profit of ₹251 crore. This figure represents an impressive surge of 335.6% compared to the net profit of ₹57.6 crore recorded during the same quarter last year, highlighting the company's strong...

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Walmart has recently surpassed its historical peak of $96 per share, indicating strong momentum in its stock performance. In a recent analysis, Goldman Sachs has revised its price target for Walmart, increasing it from $93 to $101 while sustaining a 'buy' rating. This upward adjustment reflects the firm's confidence in the company's growth potential and market...

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Video streaming powerhouse Netflix (NASDAQ: NFLX) recently delivered outstanding fourth-quarter results, significantly bolstered by robust subscriber growth. This surge in subscribers is a clear indication of Netflix's ability to navigate and thrive in the increasingly competitive streaming landscape, where numerous platforms vie for viewer attention. In response...