BTC Market Update: Signs of a 2021 Replay?📉 BTC Market Update: Signs of a 2021 Replay?
Looking at the chart, BTC is showing a price structure quite similar to late 2021—right after reaching its ATH around 69k before a major downturn.
🔁 If history repeats itself, the upcoming market conditions could turn bearish.
Currently, price has retested the moving average zone and is beginning to show a negative reaction.
⏳ This is a phase where traders should remain cautious—avoid FOMO, stay calm, and wait for clear confirmation signals.
📲 I’ll continue to post updates as soon as stronger signals emerge.
Seasonality
SKF technical analysisSKF India Ltd. (NSE: SKFINDIA) is currently trading at ₹4,207.10. The company is a leading manufacturer and supplier of bearings, seals, lubrication systems, and related products, serving various industries including automotive, aerospace, and industrial sectors.
Key Levels
Support Level: ₹2,539.70
Swing Level: ₹4,439.90
Possible Upside Levels: ₹7,323.15, ₹8,351.30, ₹9,661.00
Technical Indicators
RSI: The Relative Strength Index (RSI) is currently at 46.28, indicating that the stock is neither overbought nor oversold. The RSI is a momentum oscillator that measures the speed and change of price movements, typically used to identify overbought or oversold conditions.
Volume: The trading volume is 321.47K, reflecting the number of shares traded during the specified period. Higher volume often indicates stronger investor interest and can confirm price movements.
Sector and Market Context
SKF India Ltd. operates within the industrial sector, which has shown resilience and growth potential in recent years. The overall market trends suggest a positive outlook for the industrial sector, driven by increased infrastructure spending and technological advancements. SKF India Ltd. operates in the industrial sector, benefiting from infrastructure growth and energy-efficient solutions. It has upcoming earnings and board meetings to discuss financial results and dividends. While expanding into EVs, muted demand for industrial machines and rising costs may affect margins. Despite challenges, its focus on technology-driven solutions and efficiency supports long-term growth, with investors advised to monitor financial disclosures and sector trends.
Risk Considerations
Market Volatility: The stock may be subject to market volatility, influenced by macroeconomic factors such as interest rates, inflation, and currency fluctuations.
Sector-Specific Risks: Changes in industry regulations, technological disruptions, and competitive pressures can impact the company's performance.
Company-Specific Risks: Operational challenges, supply chain disruptions, and management decisions may affect the stock's movement.
Analysis Summary
SKF India Ltd. has demonstrated a strong upward trend, with key levels identified for support and potential upside. The RSI and volume indicators suggest a balanced momentum, with no immediate signs of overbought or oversold conditions. Investors should consider the broader sector and market context, along with potential risks, when evaluating the stock. While the analysis provides insights into the stock's performance, it is essential to conduct further research and consider individual investment goals before making decisions.
HAWKINS technical analysisStock Overview: Hawkins Cookers Ltd., BSE, current price: ₹7,910.30. Hawkins Cookers Ltd. is a trusted manufacturer of high-quality pressure cookers and cookware, catering to the growing needs of domestic and international markets.
Key Levels:
Support levels: ₹6,535.50, ₹7,105.00
Upside swing zone: ₹7,595.55, ₹7,902.15
Possible upside levels: ₹9,194.95, ₹9,764.45, ₹10,489.90
Technical Indicators:
RSI (Relative Strength Index): The current RSI is at 54.67, indicating a neutral momentum.
Volume: The trading volume is 12.96K, reflecting stable investor activity.
Sector and Market Context: Hawkins Cookers Ltd. operates in the consumer goods sector, particularly in the kitchen appliances niche. This sector has demonstrated resilience, buoyed by increasing urbanization, rising consumer income, and demand for quality appliances. The stock's performance aligns with the sector's growth trajectory, which is positively influenced by innovation and expanding distribution networks. However, the broader market trends remain cautious due to macroeconomic uncertainties and inflationary pressures, with selective recovery across various industries.
Risk Considerations:
Competition: The presence of other strong players in the kitchen appliances industry may impact market share.
Supply Chain Factors: Delays or rising costs in raw materials and logistics could affect production efficiency and margins.
Regulatory Environment: Changes in policies or taxation could create operational challenges for the company.
Analysis Summary: Hawkins Cookers Ltd. demonstrates a steady outlook. The consumer goods sector’s overall growth prospects align favorably with the company’s performance, although potential risks like market volatility, competition, and supply chain disruptions should not be overlooked. Investors may find Hawkins Cookers Ltd. a reliable candidate for monitoring, with room for steady performance subject to market dynamics and sectoral developments.
SILVERBEES ETF technical analysis Stock Overview: NIPPONAMC - NETFSILVER, listed on the Indian exchange, is currently priced at ₹93.80. This stock represents the Nippon India Silver ETF, which tracks the performance of silver, offering investors a commodity-linked investment avenue.
Key Levels:
Support Levels: ₹85.60, ₹82.20, ₹79.05, and ₹73.35.
Upside Swing Zone: ₹97.65 and ₹103.35.
Possible Upside Levels: ₹110.60.
Technical Indicators:
RSI (Relative Strength Index): Currently at 55.56, indicating that the stock is in a neutral momentum zone, neither overbought nor oversold. This suggests a balanced trading sentiment, with potential to move either way depending on market cues.
Volume: The stock shows a trading volume of 17.06 million, reflective of moderate investor activity. Consistent or spiking volumes could provide clues for trend continuation or reversal.
Sector and Market Context: The ETF's performance is closely tied to silver prices, which are influenced by global demand-supply dynamics, currency fluctuations, and macroeconomic factors. Within the broader commodity sector, silver has shown resilience amidst fluctuating market conditions, benefiting from its dual demand as both an industrial and precious metal. In the Indian market context, commodity-linked instruments like silver ETFs are gaining traction as investors diversify their portfolios.
Risk Considerations: Potential risks include high volatility in silver prices driven by geopolitical tensions, global economic uncertainty, and changes in industrial demand. Additionally, fluctuations in the Indian Rupee against major global currencies could affect returns. Adverse regulatory changes or taxation policies impacting commodity ETFs may also play a role.
Analysis Summary: NIPPONAMC - NETFSILVER offers an intriguing opportunity for investors seeking exposure to silver. The technical indicators suggest neutrality, allowing room for further analysis based on market and sector trends. Investors should remain vigilant about external factors like economic data, currency movements, and geopolitical developments that could influence silver prices and, consequently, the ETF’s performance.
TATA CONSUMERSStock Overview: TATA Consumer Product Ltd, NSE, current price: ₹1,001.90. TATA Consumer Product Ltd operates in the consumer products sector, focusing on food and beverages.
Key Levels:
Support level: ₹878.30 (yellow zone)
Swing zone: ₹970.40 - ₹1,024.50 (green zone)
Technical Indicators:
RSI (Relative Strength Index): Currently at 49.61, indicating neutral momentum.
Volume: 9.34M, reflecting moderate trading activity.
Moving Averages (MA): The stock price is above the 200-day MA but below the 50-day MA, signaling mixed trends.
Sector and Market Context: TATA Consumer Product Ltd benefits from its strong brand presence and diverse product portfolio, which allows it to capture a significant market share. Additionally, recent consumer trends, such as a growing preference for healthier food and beverage options, align with the company’s strategy and could further boost its performance in the sector. Market trends show cautious optimism, with investors favoring stable stocks amidst volatility.
Risk Considerations: Potential risks include inflation, shifts in consumer behavior, and global economic events. Company-specific risks such as supply chain disruptions or management changes could also impact performance.
Analysis Summary: TATA Consumer Product Ltd exhibits key support and resistance levels, with target prices suggesting growth potential. Neutral RSI and moderate volume indicate balanced momentum. While moving averages present mixed signals, the stock remains a stable contender within its sector. Investors should weigh market conditions and company-specific risks carefully before making decisions.
Andhra Paper has capacity expansion and new growth driversInvestment Update: A Promising Outlook for Medium-Term Gains
I made a strategic investment in this stock approximately one year ago, with the objective of achieving medium-term gains. As we approach the one-year milestone, I am pleased to reassess the company's performance and reiterate my optimism about its future prospects.
Based on recent developments and growth indicators, I forecast that the stock is poised to reach new targets of ₹150 by May 2025 . This upward trajectory is largely driven by the company's expansion efforts and improved operational efficiency.
Notably, the company has successfully increased its production capacity, paving the way for enhanced output and revenue growth. Specifically, paper production numbers have demonstrated significant improvement, underscoring the company's commitment to scaling its operations.
Furthermore, the establishment of a new tissue paper production unit represents a strategic diversification of the company's product portfolio. This move not only expands the company's revenue streams but also positions it to capitalize on the growing demand for tissue paper products.
In conclusion, the company's progress over the past year has reinforced my confidence in its potential for medium-term growth. With its enhanced capacity, improved production numbers, and strategic diversification, I firmly believe that this stock is well-positioned to deliver substantial returns on investment.
2 years breakout candidate SRFPrice is in 2 years consolidation and possible breakout candidate, above 2773 we can see further bullishness to continue.
SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 69,687.99 Crore) operating in Diversified sector.
SRF Ltd. key Products/Revenue Segments include Chemicals (Industrial), Other Operating Revenue, Traded Goods, Export Incentives for the year ending 31-Mar-2023.
Sugar CycleConsidering that MSP shall be given as elections in Maharashtra and UP are upcoming and the cutting season is yet to begin.
I feel that overall the sales and the volumes and the profitability this year shall be highest ever and the permission to sell ethanol shall also change the nature of stocks!
7 years breakout candidate KIRI INDUSTRIESKIRI is a preferred resource centre for many of the most extensive product lines in textile dyes.
Sophisticated quality control practices and procedures, modern manufacturing facilities and erp driven enterprise management has enabled KIRI to offer Internationally recognized quality products and services.
KIRI is an accredited and certified Key Business Partner with world’s top Dyestuff majors across Asia-Pacific, the EU and Americas.
A closing above 675 will confirm breakout. This breakout will be on Yearly + Monthly + Weekly + Daily + Hourly timeframe, all at once
Bullish EUSince i have bearish dxy idea im bullish on EURO,
target equal high as low hanging fruit and 20 day equilibrium.
Seasionality aligns for higher prices
Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
Don't hesitate to comment if you have any questions or queries regarding this analysis.
Nifty IT - Bright times ahead
Cup and handle formation in weekly charts.
Nifty IT Saw a significant downtrend from Jan'22 and recovered from the cup low to the cup high in Feb'24. Post that, you can see another dip and recovery forming the handle.
This should continue and see NIFTY IT reach 50K>52K in the coming year.
Target 50K>52K
Timeframe by Jun-Jul'25
Invest in good quality IT companies at good to great valuations to ride this sector rotation.
Budget Day stocks_TitanHello Traders,
Good News for Gold Outlets in India, Currently Titan is trading @ Rs.3466/- on Budget day.
Pros:- NDA government has Reduced Import Tax Duty on Gold for Gold buyers.
* Move which has been implemented by government will make huge interest of buying in
gold for retail buyers.
* Seasonal Interest of buying in gold has started in India.
* Titan Stock @ Multi year Support.
* Bullish Candle close @ Support.
* Stoploss below Recent market structure.
* 3.5 % to 5 % is 1st target to option buyers.
* Also buy Kalyan Jewellers India Pvt Ltd.
Happy trading!!Only for educational purpose.
Does BTC has a NORMAL PRICE CHANNEL ?What's a normal price channel ?
I define the normal price channel as a funnel where the price is considered fair or normal, nor overpriced or underpriced.
This channel shows the consolidated growth of a pair. It's a heir of the Bollinger Bands Indicator, which shows if the price is under or overpriced. With this channel we are not focused on the price movements but on the growth of value of the pair, assuming that everything traded not the markets tends to gain value in time.
The boundaries of this channel must be parallel trend lines. The width of the funnel is so constant, not exponential. The starting point of the trend lines are the last maximum or Historic Higher High before the an hyper surge of the price, this can also depends by social-economical factors. The lower band starts from the minimum, the Lowest Lower Low after the the HHH.
This is what I consider Normal Price Channel.
But, does BTC has a NPC ?
Commodities and Fiat can have a normal channel, considering the economic factor and policies adopted by Central Banks and government which lead to an increase of the prices overtime even for cyclical pairs.
Nowadays, cryptos are compared to fiat, "common money" , and commodities. The volatility and media influencing of the crypto market makes most of the tokens too fluid and active to have, for now, a normal channel.
On the other ends, the new legal developments of the past weeks, especially with the institutional approval fo ETFs on bitcoin and Ethereum, bring the consideration of the two main characters of this market, from coin to commodities. This can open a window to set the NPC.
The issue now is about the trend lines starting point. Since the funnel must show the "normal" growth of the price, these points should be set depending on fundamental milestone for the pair or commodity, financial and legal evolutions such as laws and regulations, and social dynamics. The last higher and lower which have set new parameters for the price.
Considering Bitcoin, the upper level should be set on the 2018 peak.
The lower point is the minimum after the HHH, so the crypto winter LL of 2019.
The choice of these points are strongly related with the 2016 halving. It was the last halving before the high hyper bubbles, which makes the last two halvings inapplicable. On the other hand, the 2012 halving is not in line with the period, not applicable due economic and financial dynamics of the last ten years. Setting the 2012 halving as normal price range would create a too narrow channel, useless today.
Setting the correct starting points is crucial. The motivations behind these two points are the followings
• Upper Bound : if set following the HHH so the bubbles of 2021, would be hyper priced and not useful for the analysis. If set before, so the peak in 2013, it would be underpriced and not pertinent with the economic and financial evolution of the time.
• Lower Bound: if set has a minimum before the HH, that LL would be coherent with the period and so useless for the analysis.
Right now, this theory is on draft and on backtesting. The aim is to find a channel where the price can be considered consolidated . The project are open to hear new ideas from anyone
Long_Heritage FoodsCurrently Heritage Foods given Breakout @ Previous levels with Bullish candle confirmation
Go long in Next candle open and Don't Exit the Trade for next 5 yrs.
Fundamentals:- CBN, New CM of Andhra Pradesh and there family is having huge stake in this company.
Happy Trading!!! Only for educational purpose.
Mighty Nifty - May 9Price was consolidating in a narrow range today. There was no clear trend direction. Can we get trending move tomorrow?
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 22320.
Stop Loss : 22280.
Targets : 22360, 22400 and 22460.
Sell below : 22240.
Stop Loss : 22280.
Targets : 22200, 22160 and 22120.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.