Review and plan for 11th June 2025 Nifty future and banknifty future analysis and intraday plan.
Positional ideas.
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
MMTC LTD Inverse H&S Breakout with Wave 3 PotentialMMTC is showcasing a clean Inverse Head & Shoulders breakout with price already retesting the neckline as support, followed by a strong bounce.
We’re now tracking Wave 3 development, with a projected target near ₹416.35, slightly above the classical H&S measured move.
The structure is well-defined and offers a favorable setup for both traders and positional investors.
Keep it on watch as momentum is building.
L&T Finance : Daily Time Frame , Buy L&T Finance : In a Buy trajectory on a daily time frame. Very clean buy signal and a flawless run after a Buy Signal
200 will be an important level to test as mentioned in my other post.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
L&T Finance : In a Buy trajectory on a Monthly time frame L&T Finance : In a Buy trajectory on a Monthly time frame .
Trying hard to stay above and clear major the Red Band resistance.
Rs. 200+ would be an important milestone.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
HDFC AMC : A fantastic run after a Buy signal
HDFC AMC : A fantastic run after a Buy signal.
Today it's showing a some sign of consolidation or profit booking .
It announced a hefty dividend on Friday June 6th of Rs 90.
( 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 : Fantastic rally after a buy signal in March 2025 REL Power : Fantastic rally after a buy signal in the last week of March 2025 after few initial hiccups. From 40 to now at 70.
It got momentum mainly from the last week of May 2025 .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
NESCO at Resistance zone !!This is the Daily Chart of NESCO.
Nesco having good law of polarity at 1050 range.
NESCO is forming a pattern near its L.O.P, characterized by the development of an Ascending Broadening Wedge. The resistance zone for this formation is positioned between 1050 and 1060 levels
if this level is sustain, then we may see lower prices in NESCO.
THANK YOU !!
REL Power : Crossed the major resistance and sitting just above REL Power : Crossed the major resistance and sitting just above it at 70.
Hopefully it sustains there .
(This is 3 Month time frame )
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On a Monthly time frame it has just surpassed 200 SMA which also an important milestone.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Mazdock - Cup pattern breakout and pullbackMazagon Dock Shipbuilders Ltd.
Cup pattern breakout and in pullback on Weekly timeframe.
Close within 52 week zone.
Strongly outperforming sectoral and benchmark index.
Decreasing Relative strength.
Close crossing last week low.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
TIINDIA - Triangle formation on the dailyTIINDIA on the daily timeframe is forming a triangle pattern. Based on the Volume build up we have seen prior to this triangle formation and also how the price is currently consolidating above 3k level, I am expecting the stock to break to the upside.
As long as we do not close below 2970 on the daily closing basis, expect to see 3 targets
T1 - 3120
T2 - 3215 and
T3 - 3350
Stop loss - loss of 2970 on Daily closing basis
CMP is 3074. Risk is 96 points vs potential gain of ~(140 to 270 points)