Shivkumar600

Shivkumar600

Yeah, it's pretty wild how quickly narratives shift, isn't it? A lot of these analysts seem to latch onto whatever fits their current agenda or the latest trend, and it's often the same people with different predictions based on the same factors. Like, one minute it's all about Trump's influence sending Bitcoin to the moon, and the next it's about geopolitics...

Shivkumar600

This stock has been significantly overvalued for an extended period and seems to be due for a correction. Let’s take a closer look at what might unfold in the coming days: If the stock breaks below the critical level of 1995, we could see a swift move down towards 1589. This level is an important support zone, but it doesn’t mean the downward move will stop...

Shivkumar600

I’ve been shorting most of the Nifty 50 index stocks ever since it breached 24,750, holding onto my position with strategic exits in case the market rallies, though I see that as highly unlikely at this point. As long as 24,750 holds we can support this bearish view. At this stage, we’re either heading back to around 24,200 or possibly correcting further to a...

Shivkumar600

As long as the Double Top pattern remains intact, the market is likely to continue its downward trajectory, potentially targeting the 75,000 level. This pattern suggests a strong reversal signal, and if the price doesn't break above the neckline, the downside target of 75,000 seems increasingly probable. However, if the Double Top is invalidated and the market...

Shivkumar600

The current market price of the stock at 5,490, is significantly inflated compared to its estimated intrinsic value of approximately 1,555, based on the current EPS of 14.43 and the P/E ratio of 107.84. This stark discrepancy suggests that the stock is trading well above its fundamental worth, implying that it may be overvalued. Such a valuation could be driven...

Shivkumar600

A significant Head and Shoulders (H&S) formation is forming, and if the neckline is breached, the target is 20,200, which also aligns with the 50% retracement of the rally. As I noted in my previous post, this seems like a more plausible target.

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...