BSE - Near FIB Resistance 1.618BSE is getting rejected at around the 1.618 Fib resistance.
The trendline at the top could also pose a resistance as it tries to go higher.
Maybe the impulse is over on this counter? Here is my tentative counts
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Wave Analysis
End of correction in Hinduja Global SolutionsElliott wave analysis:-
A long bear trend has been almost over and we may expect a slight fall from here or the Candle may rise to stars from here. if you wish to be cautious then wait for a pullback for almost 65% to 78%. keep the previous low as your stop loss go for a long ride.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
LUPIN for 1700?TF: Daily
CMP: 2016
Stock looks ready to go down in the C leg of the larger 4th.
View negates a strong close above 2150 (Daily)
But the harmonic patterns and the wave counts, even the price struggling at this zone of 2000-2100 everything suggests that the upmove is capped on this counter for now.
Bargain buy at 1700 or lower is a good deal to consider.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
SBI Life Ltd moving on to next new level of 1875.SBI life moving on to next level of 1875 as for now it is facing resistance at 1811-1818 level but once it crosses and closes above the given level it will likely continue its upside movement.
MACD indicator is on the positive momentum and along with it ADX indicator also signals strength in upside momentum as it is as 29.09.
Lastly 50 DAY SMA has crossed above 200 Day SMA which shows that upside long term targets may be higher once the momentum starts.
Kindly note This is for Educational Purpose only and Not any recommondation . I am not a Registed Aalayst.
Triangle Breakout is expected in REDINGTON.Elliott wave analysis:-
Running Flat took place with B wave as triangle. now an upside move is expected.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
Long Correction is expected to take place in INDRAPRASATH GAS!Elliott Wave Analysis:-
In Correction wave a) wave took place and for retracement b) wave and still a little more correction was pending it seems to be. and the fall is expected from there.
i am not a SEBI registered advisor.
Before taking a trade do your own analysis or consult a financial advisor.
I share chart for education purpose only. I share my trade setup.
Maruti: A good short term opportunity setting upHello,
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing.
Maruti stock is trading at a very great point from a technical perspective & fundamental. Maruti Suzuki has said its first battery-electric vehicle, the E Vitara, will be exported to more than 100 countries, including Japan and Europe, from India. Investors are focusing on any updates on EV-related initiatives by the carmaker.
While the third-quarter net profit margin declined to 9.6% from 9.8% a year earlier due to higher promotional expenses Investors will be closely monitoring margin trends as automakers globally are dealing with relatively high inflation. Maruti Suzuki raised its car prices earlier this month due to rising costs and operational expenses. Investors will be paying attention to the pace of export growth.
While the electric car business is facing challenges as more manufacturers are beginning to believe they might not be able to compete with companies such as Tesla, we believe that Maruti Suzuki will continue to be a top manufacturer in its areas of operation. The companies are now choosing to switch to manufacture of hybrid vehicles than electric vehicles.
The MACD & Moving averages also point to a strong company that is at a good place to consider buying. We place a target of INR 13,800 on the stock with the entry near the shown support.
If you like my analysis, feel free to follow me on Tradingview & comment with the Indian companies you would like me to have a look at.
This is my personal trading journal, where I share insights and ideas. At times, I take trades outside ideal conditions to test strategies. Use this as inspiration but always perform your own analysis before making trading. Goodluck!
May 27, 2025 Nifty 50 tomorrow prediction Bullish Trade Setup
Entry: Above ₹25,080
Targets:
🎯 Target 1: ₹25,218
🎯 Target 2: ₹25,338
Stop Loss: ₹25060
Reason to Buy:
Above key resistance
Positive trend continuation
Potential short-covering rally
Bearish Trade Setup
Entry: Below ₹24,910
Targets:
🎯 Target 1: ₹24,783
🎯 Target 2: ₹24,610
🎯 Target 3: ₹24,534
Stop Loss: ₹24939
Reason to Sell:
Breakdown from support zone
Risk-off for PE writers
Momentum shift to downside
Pro Tips
Wait for 15-minute candle close above/below trigger levels.
Avoid trading in tight range between ₹24,910–₹25,080 (no clear trend).
Use small position size near expiry or event days.
Track open interest and FIIs/DII data for confirmation.
Setup Intact, Eye on Wave 5?This is a follow-up to my earlier analysis on Canara Bank, where we identified the completion of an ABC correction and the start of a fresh impulse.
What’s happened since:
Price respected the projected Wave 3 (yellow) target of 109.50 – exactly 1x of Wave 1.
A healthy correction is underway, likely forming Wave 4 (yellow) .
The pullback is holding within the 0.236–0.382 retracement zone (105.12 to 102.63) – make-or-break zone .
What’s next:
If the structure holds above 102.63, a bullish Wave 5 (yellow) may extend the rally toward the 120+ zone, completing Wave 3 (green).
Break below 102.63 invalidates the count and opens the door to a more complex correction.
This is for educational purposes only.
JIOFIN – Expanded Flat? Wave C on RadarSince the last analysis, price dipped to ₹270.35 (near 0.236 retracement), then bounced sharply to ₹284.70 — breaking the Wave 5 high.
This move confirms a Wave b rally that extends 159% of Wave a, a classic signature of an Expanded Flat correction.
What this means:
Wave b has trapped breakout buyers.
Expect Wave c next — likely a sharp decline below ₹270.35 to complete the correction.
RSI still shows divergence and momentum looks tired.
Watching for:
₹265–₹255 as potential Wave c landing zone.
Reclaiming ₹285+ invalidates this short-term correction view.
Structure remains educational. Stay sharp.
Management and PsychologyTrading psychology is the emotional component of an investor's decision-making process, which may help explain why some decisions appear more rational than others. Trading psychology is characterized primarily by the influence of both greed and fear. Greed drives decisions that might be too risky.
Advanced Trading part 1Advanced trading encompasses sophisticated strategies, tools, and techniques used by experienced traders to gain an edge in the market, often involving complex instruments like options and futures, and multiple technical indicators. It's about developing a trading system, testing and refining strategies, and understanding market micro-structure.
Elliott Wave Analysis – XAUUSD Trading Plan for 26th May 2025
📊 Elliott Wave Outlook – XAUUSD – H1 Chart
On the H1 timeframe, after drawing the Elliott Wave channel, we can see that price is currently in wave iii (orange). Within this wave, wave 5 (green) is in progress.
Once wave 5 (green) completes, we anticipate a downward correction in the form of wave iv (orange), before price resumes the overall uptrend to complete wave v (orange).
🔍 Breakdown of Wave 5 (Green): Two Possible Scenarios
Scenario 1 – Wave 5 (Green) is NOT yet complete
Currently, price seems to be forming a minor wave 4 within wave 5 in a Flat structure. If this plays out, wave 5 could extend to one of the following target zones:
🎯 Target 1: 3373
🎯 Target 2: 3397
Scenario 2 – Wave 5 (Green) is ALREADY complete
This implies wave iii (orange) has ended, and the market is now entering wave iv (orange). This correction could unfold as a zigzag, flat, or triangle pattern, with the following potential retracement zones:
🎯 Target 1: 3317
🎯 Target 2: 3290
📉 Momentum Analysis
D1 timeframe: Momentum is showing signs of bearish reversal. Wait for today’s daily candle close to confirm the dominant downtrend for the week.
H4 timeframe: Momentum has already turned bearish ⇒ favor short setups or range-bound conditions during the day.
H1 timeframe: Momentum is currently rising ⇒ expect a short-term bounce before a potential drop. Watch for signs of bearish reversal on H1 before entering SELLs.
📌 Trading Plan
Potential SELL Zone
✅ Entry: 3373 – 3376
❌ Stop Loss: 3383
🎯 Take Profit 1: 3343
🎯 Take Profit 2: 3317
Note: Only SELL if H1 momentum flips bearish. If price breaks above 3376, look to SELL at 3397.
Potential BUY Zone
✅ Entry: 3316 – 3313
❌ Stop Loss: 3306
🎯 Take Profit 1: 3343
🎯 Take Profit 2: 3373
Note: Only BUY if H1 momentum turns bullish. If this zone fails, consider buying at 3290.
RSI (Relative Strength Index)In trading, RSI stands for Relative Strength Index. It's a momentum indicator used in technical analysis to measure the speed and change of price movements of an asset. RSI helps traders identify potential overbought or oversold conditions, providing signals that can guide their trading decisions.
VA TECH WABAG LTDBREAKOUT STOCK
Stock: VA TECH WABAG
Chart: weekly
View: bullish
Resistance Levels:
R1: ₹1,644.17
R2: ₹1,736.33
R3: ₹1,875.87
Support Levels:
S1: ₹1,412.47
S2: ₹1,272.93
S3: ₹1,180.77
▸ Va Tech Wabag is trading 1.78% upper at Rs 1,552.10 as compared to its last closing price.
Va Tech Wabag has been trading in the price range of 1,595.10 & 1,532.80.
Va Tech Wabag has given -5.54% in this year & 8.77% in the last 5 days.
There are 2 analysts who have initiated coverage on Va Tech Wabag.
There are 1 analysts who have given it a strong buy rating & 1 analysts have given it a buy rating. 0.00 analysts have given the stock a sell rating.
The company posted a net profit of 99.50 Crores in its last quarter.Listed peers of Va Tech Wabag include Va Tech Wabag (1.78%), Jitf Infralogistics (-0.70%), Captain Polyplast (0.06%). The Mutual Fund held in Va Tech Wabag was at 2.29% in 31 Mar 2025.
►The Fll holding in Va Tech Wabag was at 18.58% in 31 Mar 2025. The FIl holding has decreased from the last quarter
Technical Analysis of DXY (US Dollar Index) for the Week of May # Current Price Action and Market Context
Recent Price Movement: As of May 23, 2025, the DXY closed at approximately 99.11, down 0.85% from the previous session's close of 99.96. The index has been trending downward, testing two-week lows near 99.14 after failing to reclaim the 100.50 level.
Bearish Momentum: The break below 97.50 on the monthly chart signals a bearish structure with lower highs and lower lows, suggesting continued selling pressure. The next major downside target is around 96.00, with a potential longer-term target near 92.00.
Key Fundamental Drivers: Recent weakness in the DXY is attributed to President Trump’s proposed 50% tariffs on European imports, which have undermined bullish momentum in the dollar. Additionally, anticipation of Federal Reserve interest rate decisions, upcoming US inflation data, and employment reports (e.g., Non-Farm Payrolls) will play a significant role in the DXY’s direction.
-- Chart for your reference --
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources and X posts. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
TATA INVESTMENT CORP LTDAs of May 26, 2025, Tata Investment Corporation Ltd. (NSE: TATAINVEST) closed at ₹6,269.00. Here's an overview of its 15-minute intraday support and resistance levels based on technical analysis:
📊 15-Minute Intraday Support & Resistance Levels
While specific 15-minute pivot points are not readily available, we can refer to the daily pivot levels as a proxy for intraday analysis:
Classic Pivot Points:
Pivot Point (P): ₹6,257.33
Resistance Levels:
R1: ₹6,374.66
R2: ₹6,480.33
R3: ₹6,597.66
Support Levels:
S1: ₹6,151.66
S2: ₹6,034.33
S3: ₹5,928.66
These levels can serve as reference points for intraday trading decisions.
🔍 Technical Indicators Overview
RSI (14-day): 57.56 — indicating neutral momentum.
MACD: 27.09 — suggesting bullish momentum.
Stochastic Oscillator: 72.08 — approaching overbought territory.
Supertrend Support: ₹5,861.93 — acting as a dynamic support level.
Parabolic SAR: ₹5,842.13 — indicating an upward trend.
These indicators suggest a cautiously bullish outlook for the short term.
📈 Trading Strategy Insights
Bullish Scenario: A breakout above ₹6,374.66 (R1) with strong volume could signal further upward momentum.
Bearish Scenario: A drop below ₹6,151.66 (S1) may indicate potential downside risk.
Traders should monitor these levels closely and consider additional technical indicators for confirmation.
NIFTY 50 INDEXMarket View:
On Friday, we saw sellers suddenly exit from the 25,000 CE level. So be cautious today.
Avoid first 15-minute trades early in the day.
Watch the 24,950-24,970 zone:
If price goes up from the current market price look again if any selling starts around this level, and a candle closes below this level (24,950) we may see a 130+ point fall.
But if 24,950 holds and the 30-minute chart shows higher highs, the market could move up towards 25,120-25,200.
INDO STAR CAPTIAL LTDBREAKOUT STOCK
Stock: #INDOSTAR
Chart: daily
View: bullish
Key points:
Indostar Capital Finance is trading 7.63% upper at Rs 336.40 as compared to its last closing price.
Indostar Capital Finance has been trading in the price range of 345.20 & 308.60.
Indostar Capital Finance has given 24.58% in this year & 6.28% in the last 5 days.
Indostar Capital Finance has TTM P/E ratio 79.27 as compared to the sector P/E of 33.60.
(7.63%).
The Mutual Fund holding in Indostar Capital Finance was at 0.01% in 31 Mar 2025.
The MF holding has decreased from the last quarter.
The FIl holding in Indostar Capital Finance was at 2.68% in 31 Mar 2025.
The FIl holding has increased from the last quarter