NAZARA TECHNOLOGIES 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.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the 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.
TATA MOTORS LTD at BEST SUPPORT !!This is the Daily chart of TATA MOTORS LTD.
TATA MOTORS having good law of polarity at 660 range.
TATAMOTORS has given a positive EMA crossover, with its support range lying around 660-680.
If this level is sustain , then We may see higher price in TATAMOTORS.
Thank you !!
FACT : Sitting at the Red Band resistance
FACT : Sitting at the Red Band Resistance
Got a pull back from 1112 which will be an important level to test moving forward..
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
REL Power : Feeling the resistance , couldn't sustain above it REL Power : Feeling the resistance , couldn't sustain above it and got a pulled back
This is 3 months Time frame .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
CARYSIL- LOOKS GOOD.Here's a detailed technical analysis using Elliott Wave Theory (EWT), Fibonacci, and volume/RSI interpretation for CARYSIL LTD (Weekly Chart):
🔍 Chart Analysis Summary:
1. Trend & Structure
A falling trendline was broken decisively with strong bullish candles and high volume—indicating a trend reversal.
The recent structure indicates a potential Wave 3 rally if we consider the Elliott Wave framework from the bottom near ₹431.
🌀 Elliott Wave Analysis (Probable Count)
Wave 1: Approx ₹431 → ₹730 (early 2024)
Wave 2: Correction from ₹730 → ₹520 (shallow, possibly zig-zag or flat)
Wave 3: Now ongoing, from ₹520 → ₹917+ (current high).
Wave 3 typically shows impulsive strength, supported here by volume and breakout behavior.
Wave 4 & 5: Yet to unfold; Wave 4 may likely consolidate near ₹820–850 before a final push toward ₹1000+ (Wave 5).
📐 Fibonacci Levels
Assuming:
Wave 1 = 431 to 730 = 299 pts
Projecting Wave 3 = 1.618 × Wave 1 = ~483 pts
From Wave 2 low (₹520) → Wave 3 potential target = ₹520 + ₹483 = ₹1003 (nearly tested)
Key Levels:
61.8% retracement of full fall (approx ₹1150 → ₹431) = ~₹900–920 zone (now reached)
Golden Ratio resistance in play
If this level is cleanly surpassed, next targets using Fib Extension:
1.618 of Wave 1 = ₹1000–1020
2.618 = ₹1150 (next major resistance)
📊 Volume & RSI Analysis
Volume Surge: Confirms institutional buying interest on breakout.
RSI: Near 69 (overbought zone), but typical of Wave 3. Not a sell signal yet, but keep watch for divergence.
RSI-based MA: Still lagging around 51—showing momentum has only recently shifted strong.
✅ Suggestions
Short-Term:
Some resistance near ₹920–940 likely due to previous swing highs and Fib zone.
Expect mild pullback/consolidation (possible Wave 4) before Wave 5 targets.
Medium-Term:
Hold with SL below ₹840 (previous breakout zone).
Watch for price-volume confirmation on any move beyond ₹950.
Fibonacci Retracement for Support:
Key pullback support zones: ₹850 / ₹800 (0.382 / 0.5 retracement of Wave 3).
📚 Learnings / Takeaways
Trendline + volume breakout with impulsive candles is a reliable Wave 3 signal.
Fibonacci extensions + RSI give confluence levels for Wave 3 exhaustion.
Don’t pre-empt Wave 5 without letting Wave 4 structure complete.
RSI divergence is often seen between Wave 3 and 5 (watch for this in the future).
Bull divergence at lower level , means bulls for coming back.Here we are going for long in SBICARD through its running in all time high. it's showing bullishness. So, a long trade should be initiated here by seeing RSI indicator there it's running above 50 level means bullishness can be seen in this stock.
IPCA🔷 IPCA Trade Setup Summary
Key Element Details
Trade Type BUY (Long)
Entry Price ₹1323
Stop Loss ₹1280
Target Price ₹2458
Risk ₹43
Reward ₹1135
Risk-Reward 26.4 : 1 ✅
Last High ₹1755
Last Low ₹1052
📌 Entry at ₹1323 is inside the Weekly SOE zone, supported by HTF structure below.
🔷 Setup Strengths
✅ All trends are UP across HTF, MTF, ITF
✅ Entry zone = Weekly SOE, aligning with recent price action
✅ SL ₹1280 is just below SOE – technically valid and protected
✅ Target ₹2458 is long-term but justified post-breakout of ₹1755
🔷 Trade Plan Summary
Action Level (₹) Reason
Entry 1323 Inside Weekly SOE & near HTF avg
SL 1280 Just below SOE, protected by daily zone
🔷 Multi-Timeframe Demand Zone Overview
Timeframe Zone Type & Logic Zone Range (₹) Avg Price Notes
Yearly BUFL 1161 – 1052 1107 Major structural base
Half-Yearly BUFL + Breakout Base 1374 – 1052 1213 Massive higher timeframe demand
Quarterly BUFL 1374 – 1052 1213 Matches half-year zone
Monthly DMIP 1213 – 1052 1133 Same area as HTF zones
Weekly SOE 1323 – 1280 1302 Entry sits right here
Daily DMIP + SOE 1200 – 1181 1191 Near SL for secondary entry/watch zone
Intraday DMIP 1362 – 1155 1259 Covers both SL and entry
Target 2458 Based on long-term breakout projection
🔷 Quick Verdict
📈 RR of 26.4:1 is outstanding – small risk for very high potential.
🔄 Zone alignment is excellent from Yearly to 60M.
🎯 Target requires breakout above ₹1755, then blue sky zone begins.
⏳ Ideal for swing to positional holding.
ITC🔷 ITC Trade Setup Summary
Key Element Details
Trade Type BUY (Long)
Entry Price ₹416
Stop Loss ₹380
Target Price ₹604
Risk ₹36
Reward ₹188
Risk-Reward 5.2 : 1
Last High ₹498
Last Low ₹392
✅ Trade is trend-aligned across all timeframes.
📌 Entry at ₹416 is at the top of a demand cluster (monthly to intraday) – ideal for breakout continuation.
🔷 Setup Logic
✅ All trends UP: From Yearly down to 60 min – strong alignment.
📈 Entry sits just above a dense demand cluster (₹380–₹416) – smart and safe.
🛡️ Stop Loss (₹380) is protected by all demand zones.
🎯 Target (₹604) is realistic long-term, breaking past the previous high of ₹498.
🔷 Strategy Recap
Action Price Reason
BUY ₹416 Breakout above demand zones (DMIP)
SL ₹380 Below demand cluster (safe risk)
Target ₹604 Swing target, above previous high
🔷 Verdict
✅ Good RR (5.2:1) — even a 30–40% move to target gives excellent profit.
✅ Ideal for swing or positional traders.
⚠️ Watch for price consolidation around ₹416–₹420 before breakout.
🔷 Multi-Timeframe Demand Zone Breakdown
Timeframe Zone Type Zone Range (₹) Avg Price Remarks
Yearly BUFL 340 – 307 324 Strong long-term demand base
Half-Yearly BUFL 340 – 307 324 Matches yearly zone
Quarterly BUFL 372 – 357 365 Consolidation before breakout
Monthly DMIP 416 – 380 398 Entry sits on top of this zone
Weekly DMIP + Swap 416 – 380 398 Strong structure at entry area
Daily DMIP 402 – 380 391 Repeated buying interest
Intraday DMIP 407 – 394 401 Confirming strong near-term demand
POWER GRID🔹 Trade Setup Summary
Trade Type: Buy (Long)
Entry: ₹278
Stop Loss (SL): ₹258
Target: ₹485
Risk: ₹20
Reward: ₹207
Risk-Reward Ratio (RR): 10.4:1
Last High: ₹366
Last Low: ₹247
✅ All timeframes are UPTREND
✅ Entry at ₹278 is inside strong demand zones
✅ SL ₹258 is well protected by zone boundaries
✅ Target ₹485 is ambitious but realistic in trend continuation
🔹 Why This Trade Works
📊 All trends are UP – from yearly to 60-min.
💪 Strong support between ₹277–278, where price is likely to bounce.
🎯 Target is above previous high (₹366) – next leg of uptrend.
🛡️ Risk is limited (₹20) with a very high reward potential (₹207).
🔹 Clear Strategy
Action Price Reason
Buy ₹278 Inside monthly/weekly/daily demand zone
Stop Loss ₹258 Below all key demand zones
Target ₹485 Swing target based on trend & breakout
🔹 Zone Analysis (Multi-Timeframe Demand Zones)
Timeframe Zone (Proximal – Distal) Zone Avg Remarks
Yearly 240 – 153 197 Strong long-term base
Half-Yearly 240 – 226 233 Long-term support
Quarterly 298 – 226 262 Deep demand, includes entry
Monthly 299 – 257 278 Entry matches exact average
Weekly 278 – 258 268 Entry + SL inside this zone
Daily 285 – 277 281 Strong recent demand
Intraday 285 – 277 281 Multiple overlaps here
Review and plan for 16th June 2025Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT