Shivkumar600

Shivkumar600

I am currently reassessing my targets for the Nifty. If the level of 23,080 is breached and the index closes below this support, I will adjust my target to around 20,200, as this would indicate a more significant market correction is underway. This level aligns with the 50% Fibonacci retracement of the recent rally, which further strengthens the case for this...

Shivkumar600

For the past three months, I’ve been closely monitoring the market, anticipating a downturn ever since the formation of the Head and Shoulders (H&S) pattern. As predicted, the market has indeed experienced a decline. A decisive close below the 20,080 level would likely trigger an accelerated sell-off, pushing the market towards the next key support zone around...

Shivkumar600 Updated 

BTC has potentially formed a top, as mentioned in my previous article, where I discussed the psychological significance of the $100k mark and how the market might react around it. The market appears uncertain at this level, and if the $92,500 support breaks, we could see a sharp move toward the $79,500 region. Key levels to watch are $73,000 and $53,000. I am...

Shivkumar600

The market has recently experienced a strong rally, successfully completing a W pattern, signaling a bullish reversal. However, given the recent momentum, it is likely that we could see some pullbacks in the near term as the market consolidates. Additionally, the Nifty has shown signs of weakness which could contribute to further corrections. Once a stable...

Shivkumar600

As of January 2025, the intrinsic value of the stock is estimated to be approximately 4,137.50 per share, based on fundamental analysis and available data. With the current market price hovering around 4,130, the stock is trading just below its intrinsic value, suggesting that it is fairly priced at the moment. For investors seeking attractive entry points,...

Shivkumar600

As of January 2025, the intrinsic value of the stock is estimated to be approximately 4,137.50 per share, based on fundamental analysis and available data. With the current market price hovering around 4,130, the stock is trading just below its intrinsic value, suggesting that it is fairly priced at the moment. For investors seeking attractive entry points,...

Shivkumar600

The intrinsic value of Reliance Industries is currently estimated at ₹2,481, while the stock is trading significantly lower at ₹1,250. This presents a compelling opportunity for long-term investors, I am long at ₹1,220. Given the strong market capitalization of Reliance and its impressive track record of growth and performance over the years, these current levels...

Shivkumar600

The outlook for this automotive giant looks extremely promising, especially with the future of the electric vehicle (EV) market in the next 5 years. As EV adoption continues to accelerate globally, this company is well-positioned to capitalize on the growing demand for sustainable transportation solutions. I am currently long at 750 and have a plan to add more to...

Shivkumar600

The market has recently bounced from the 50% retracement level, presenting a great opportunity for investors to enter long positions. This pullback has created an attractive entry point for those looking to position themselves for future gains. I am currently long at 2,700, with a positive outlook for the coming months and years. If the market experiences any...

Shivkumar600

The market has presented an excellent opportunity for investors to enter long positions, with strong potential for growth over the coming months and years. For those looking to build a long-term position, it’s important to hold and accumulate on dips as the market progresses. I’m currently long at the 2,300 level, and the 1,880 area also looks promising for new...

Shivkumar600

Investors should monitor these key levels as potential entry points for long positions, especially if you're positioning for the next bull run. It’s crucial to time your buys carefully and maintain a balanced approach when building long positions. Start accumulating gradually as these levels offer a good risk-to-reward ratio, but be mindful of the market's...

Shivkumar600

It’s difficult to draw clear conclusions when examining the Indian economy, as the reality often diverges significantly from the portrayal in the news. Let’s focus on some of the key challenges, or rather, the current situation—and I’ll provide a brief overview without delving into detailed explanations. 1. Income Inequality - India has a large gap between its...

Shivkumar600

IIn my previous post, I mentioned that the market could potentially reach $100K, and I also warned of sharp volatility in that region. As expected, the market responded accordingly. Over the last 8 years or so, we've repeatedly heard predictions that Bitcoin would hit $100K, and now it has, much to the delight of HODLers. The big question now is: What’s next?...

Shivkumar600

In my previous post, I highlighted the formation of an H&S pattern and mentioned that a rally could occur around the 23,000 level. Once that target was reached, a rebound was expected, and indeed, the market has bounced back. However, as long as the market remains below the 24,500 level on a daily close, we can expect a drop to around 21,900, which represents the...

Shivkumar600

Bitcoin formed a classic flag pattern and remained within a channel for about six months before breaking out of the bull flag. The next key target appears to be around the $100,000 level, where it could face significant resistance and possibly a major correction. Once the target is reached, the market is likely to experience a sharp reversal, driven by the high...

Shivkumar600

I haven't been a regular here, but I remember spotting this setup on Nifty a while ago and decided to go short. The market had formed a Head and Shoulders (H&S) pattern, which traditionally signals a top. However, given the market's behavior over the past couple of years, it was difficult to call it a clear reversal. Still, I remained short, albeit with...

Shivkumar600

Markets have been riding downhill for a long time now and closer to parity.....BIG intersections at these Levels Watch out ....

Shivkumar600

Gold is at a very critical support level, threatening the bullish structure. In the short term I do see this as a very good buying opportunity, the risk is below 1720, a break which could eventually test the 1678 handle and a break will subsequently bring markets to the 1422 handle (projected target in the long term) Coming to the immediate bullish structure,...