


Topic Statement: Maruti is on a moderate bullish run, trading within a defined uptrending channel and supported by key price levels. Key Points: * The stock is moving in an uptrending channel, making it suitable for consistent channel-based trading * Price remains mostly above the 180-day EMA, offering good accumulation opportunities near the EMA * Strong...
Topic Statement: Axis Bank is on a moderate bull run, advancing within a stable uptrending channel but with less momentum compared to its peers. Key Points: * The stock is moving upwards in a bullish uptrending channel, making channel trading straightforward * It is trading close to its lifetime high, reflecting gradual strength * Accumulating the stock near or...
Topic Statement: Kotak Bank has been trading sideways since 2021, forming a structured accumulation and distribution pattern within a broad range. Key Points: * The stock has clear accumulation and distribution zones, making channel-based trading efficient * A recent breakout attempt was met with strong resistance, forming a double top pattern and pushing the...
Topic Statement: ICICI Bank is on a robust bull run, steadily advancing within a strong uptrending channel. Key Points: * The stock is moving upwards in a strong bullish uptrending channel, making channel-based trading highly effective * It is currently trading at its lifetime high, reflecting continued strength and investor optimism * The price has highly...
Topic Statement: ITC is trading in a range with a slight bullish tilt, presenting structured opportunities within a defined channel. Key Points: * The stock is moving within a slightly bullish up-trending channel, making it suitable for channel-based trading * A head and shoulders candlestick pattern is emerging, which may signal potential short-term weakness *...
Topic Statement: L&T is in a strong bull run, consistently moving higher within a clear uptrending channel. Key Points: The stock is moving upwards in a bullish uptrending channel, making channel-based trading straightforward It continues to gain momentum as it respects the channel boundaries The price has overextended above the 200-day EMA, suggesting the stock...
Topic Statement: HDFC Bank is on a strong bull run, steadily climbing within a well-defined uptrending channel. Key Points: * The stock is trading within a bullish uptrending channel, offering clear opportunities for channel-based trading * It is currently at its lifetime high, reflecting strong investor confidence and momentum * The price has significantly...
Topic Statement: Reliance is in a strong bullish phase, continuing its recovery momentum after a solid technical reversal. Key Points: The stock reversed sharply from a double bottom pattern at the 38.2% Fibonacci retracement level, offering strong support. It received an additional bullish push at the 23.6% level, reinforcing upward momentum. The price is...
Topic Statement: Infosys is showing signs of a steady recovery after a deep correction, though key resistance levels still challenge the upward momentum. Key Points: The stock found strong support at the 50% Fibonacci retracement during the recent correction, indicating solid buying interest at lower levels. As the price recovers, the 23.6% Fibonacci level is...
Topic Statement: TCS has shown signs of recovery after a recent correction, with strong technical support levels reinforcing bullish potential. Key Points: The price previously found strong and consistent support near the ₹3000 mark, reaffirmed during the recent market correction. A full retracement to the 50% Fibonacci level** at ₹3060 attracted significant...
Topic Statement: Britannia is maintaining its upward momentum as the stock continues to trade within a bullish up-trending channel. Key Points: - Price is moving in an up-trending channel, making it suitable for channel-based trading strategies. - The stock recently retraced to the 38.2% Fibonacci level at 4800 and received strong buying support at that...
Topic Statement: Eicher Motors is in a strong bullish momentum and has remained unaffected by the recent market correction. Key Points: - Price is moving within a bullish up-trending channel, indicating strength. - The stock mostly trades above the 180-day EMA, reinforcing its bullish trend. - Stock can be accumulated near the lower band of the channel using...
Topic Statement: Maruti has maintained its bullish momentum despite the broader market correction, supported by its strong up-trending channel. Key Points: - Price is moving within a well-defined up-trending channel, making channel trading favourable. - The stock is taking support at the 23.6% Fibonacci retracement level at ₹11,300. - Price is currently close...
Topic Statement: Infosys has witnessed a deep correction and is currently trading in an extremely oversold zone, indicating a possible pause or reversal in the downtrend. Key Points: - Price is attempting to hold above the 38.2% Fibonacci retracement level at ₹1436. - Trading below the 180-day EMA signals an oversold condition. - Weekly Money Flow Index (MFI)...
Topic Statement: Reliance has undergone a healthy correction in line with the broader market and is showing signs of a potential reversal from key support levels. Key Points: - The stock is taking strong support at the 38.2% Fibonacci retracement level near ₹1147. - Candlestick pattern indicates the formation of a potential double bottom. - Price is trading...
Topic Statement: Trent has witnessed a major correction along with the broad market decline but still remains overbought indicating further downside risk. Key points: - Stock retraced to the 50% Fibonacci level and found support near ₹5000. - Price is moving within a well-defined down-trending channel. - Despite the correction, price is still significantly...
Topic Statement: Indian Hotels Company has shown resilience during the broad market correction, though a breach of the long-term trendline indicates a shift in trend. Key Points: - Long-term up-trendline has been breached, signaling a trend change. - Candlesticks are moving in a down-trending channel. - Stock often finds support and bounces back up near...
Topic Statement: Max Healthcare has remained resilient to the broad market correction but has shifted trends after breaching its long-term trendline. Key points: - The long-term trendline was breached, indicating a shift in trend. - Candlesticks are moving within a downtrending channel. - The stock frequently bounces back when approaching the 180-day EMA.