Shivam_Bhanot

Shivam_Bhanot

This chart illustrates a bullish breakout pattern in Dr. Lal Path Labs Ltd. on the NSE, analyzed on the daily time frame. Key Technicals: Fibonacci Levels: The Fibonacci extension tool is applied from the recent swing low around ₹3,278.85 to the swing high at ₹3,558.65. 1.618 Extension: ₹3,731.75 2.618 Extension: ₹4,011.85 Price Movement: The stock recently broke...

Shivam_Bhanot

This chart highlights a trading setup for Havells India Ltd. on the NSE, focusing on the daily time frame. Key Levels: Entry Price: ₹1,896.35 Stop Loss: ₹2,012.75 Target: ₹1,881.25 Analysis: The price is currently hovering near ₹1,896.35, with a short position plotted. The target is set near the recent support level, with a stop loss just above the recent...

Shivam_Bhanot

The stock is currently trading around the 0.5 Fibonacci retracement level, which aligns with a key support at ₹1,450. The price action suggests a possible gap fill up to the previous support turned resistance at ₹1,550, which could serve as the short-term target. Given the recent bullish momentum and the bounce from the support levels, there's a potential upside...

Shivam_Bhanot

The chart indicates a potential reversal for Bank of Baroda after a significant downtrend. The stock is currently testing the 0.78 Fibonacci retracement level, which aligns with a possible support zone around ₹242-₹245. A break above this level, particularly if it holds above ₹252, could see the stock move towards the next resistance at ₹265, followed by a...

Shivam_Bhanot

Bandhan Bank is currently showing a potential reversal from a support zone around ₹193.18. The stock has seen a bounce after a prolonged downtrend, signaling possible buying interest at lower levels. Key Levels: Entry: ₹198.72 (current level) Target: ₹209.56 (+5.34%) Stop Loss: ₹193.18 (-2.56%) Technical Outlook: The stock has formed a bullish candlestick...

Shivam_Bhanot

The price action of AU Small Finance Bank Ltd is currently consolidating within a symmetrical triangle pattern on the weekly chart, with key Fibonacci levels in play. The stock has bounced off the 0.618 Fibonacci retracement level at ₹610.20, indicating potential bullish momentum. Key Levels: Support Levels: 0.618 Fibonacci Retracement: ₹610.20 0.786 Fibonacci...

Shivam_Bhanot

The daily chart of ACC Ltd. is showing a critical zone around the 2,322.40 INR level, corresponding to the 0.5 Fibonacci retracement level of the previous major move. The price action is currently consolidating within this zone, suggesting a potential decision point for either a rebound or further decline. Key Support Zone: 2,199.40 INR to 2,322.40 INR (between...

Shivam_Bhanot

Description: This daily chart of Tata Consultancy Services Ltd. (TCS) reflects a potential bullish setup driven by expected positive outcomes from Nvidia's results, which may have a broader impact on the Indian IT sector. Entry: ₹4,506.85 Stop Loss: ₹4,423.60 Target: ₹4,785.10 Key Insights: Nvidia Results Impact: Nvidia's strong performance could lead to...

Shivam_Bhanot

This weekly chart of Navin Fluorine Intl. Ltd. indicates a possible bearish reversal from the Fibonacci retracement levels. The stock is currently trading around ₹3,298.00, facing resistance at key Fibonacci levels. Entry: ₹3,298.00 Stop Loss: ₹3,370.85 Target: ₹3,150.15 The setup shows a potential move lower, with key resistance levels aligning with Fibonacci...

Shivam_Bhanot

The daily chart of Delta Corp Ltd. reveals a potential breakout scenario from a consolidation pattern, offering a favorable risk/reward trade setup. The trade parameters are as follows: Entry: Around 135.16 INR Target: 172.95 INR (Potential upside: 27.97%) Stop Loss: 123.08 INR (Potential downside: 8.94%) Risk/Reward Ratio: Approximately 3.13:1 Delta Corp Ltd....

Shivam_Bhanot

This weekly chart of Can Fin Homes Ltd. indicates a strong potential for an upward move as the stock approaches a key resistance level with bullish momentum. The setup highlights the following trade parameters: Entry: Around 876.00 INR Target: 1,023.40 INR (Potential upside: 16.83%) Stop Loss: 828.00 INR (Potential downside: 5.49%) Risk/Reward Ratio:...

Shivam_Bhanot

This daily chart of NTPC Ltd. showcases a potential breakout setup, with the price action nearing a critical resistance level. The chart highlights the following trade parameters: Entry: Around 411.95 INR Target: 459.50 INR (Potential upside: 11.52%) Stop Loss: 390.20 INR (Potential downside: 5.28%) Risk/Reward Ratio: Approximately 2.18:1 NTPC Ltd. is currently...

Shivam_Bhanot

This weekly chart of Tata Power Co Ltd. outlines a potential bullish setup with Fibonacci retracement levels indicating crucial areas of support and resistance. The trade details are as follows: Entry: Around 424.80 INR Target: 450.55 INR (Potential upside: 5.95%) Stop Loss: 403.00 INR (Potential downside: 5.14%) Risk/Reward Ratio: Approximately 1.16:1 The price...

Shivam_Bhanot

This weekly chart shows a potential bullish setup for Mahindra & Mahindra Ltd., with Fibonacci retracement levels highlighting key support and resistance zones. The trade parameters are as follows: Entry: Around 2,782.60 INR Target: 3,198.60 INR (14.55% potential upside) Stop Loss: 2,628.75 INR (5.85% downside risk) Risk/Reward Ratio: 2.49:1 The price is...

Shivam_Bhanot

This chart depicts a recent setup for Eicher Motors Ltd. on an hourly time frame. The setup shows a potential long position with the following parameters: Entry: Around 4,862.40 INR Target: 5,090.25 INR (4.74% potential upside) Stop Loss: 4,783.20 INR (1.58% downside risk) Risk/Reward Ratio: 3:1 The price appears to be forming a potential reversal after a...

Shivam_Bhanot

Order flow analysis indicates strong buying pressure with a positive delta divergence, signaling potential bullish momentum. Additionally, there’s a gap fill due at ₹3522, which could act as a key target level. Notably, the volume profile shows a spike followed by contraction, typically a precursor to a significant price move. With these factors combined, an...

Shivam_Bhanot

This daily chart of JK Cement Ltd. shows a bullish trade setup with a clear risk/reward ratio of 2.39. The entry is placed at ₹4,454.70 with a stop loss set at ₹4,254.70, marking a downside risk of 3.41%. The target price is ₹4,763.60, providing an upside potential of 8.15%. The recent bullish price action suggests a continuation of the uptrend, supported by...

Shivam_Bhanot

This daily chart of Pfizer Ltd. shows a bullish continuation pattern with Fibonacci extension levels highlighting potential upside targets. The Fibonacci retracement is drawn from the recent swing low at ₹5,754.70 to the swing high at ₹6,338.25, with the price currently above the key retracement zone, suggesting a possible resumption of the uptrend. The next...