Friday, June 13, 2025

MAXHEALTH25JUNFUT stock of the view

 


MAXHEALTH25JUNFUT (5-min timeframe), here is a comprehensive technical analysis including target, stop loss, support/resistance levels, and views for short-, medium-, and long-term:

πŸ” Chart Summary: CMP: ₹1222.24

Immediate Resistance: ₹1225.51

Key Supports: ₹1196.39, ₹1177.41, ₹1141.43

Recent price action shows strong recovery and higher highs, indicating bullish momentum.

πŸ“ˆ Short-Term View (Intraday to 2 Days) πŸ”Ή Bias: Bullish (Momentum Continuation) Resistance Zone: ₹1225.51 (immediate), above which breakout possible.

Support Zone: ₹1210 (minor), major at ₹1196.39.

πŸ”Ή Target: ₹1240–₹1255 (1–2.5% upside) πŸ”Ή Stop Loss: ₹1210 (1% downside) Trade Setup: If price sustains above ₹1225.5 with volume, can long for ₹1240–₹1255 with SL at ₹1210.

πŸ“Š Medium-Term View (3 Days to 2 Weeks) πŸ”Ή Bias: Bullish with cautious optimism Price formed a bullish reversal from ~₹1141 and broke multiple resistance levels.

Higher lows and strong demand near ₹1177–₹1196 confirms a solid base.

πŸ”Ή Target: ₹1285–₹1300 (5–6.5% upside) πŸ”Ή Stop Loss: ₹1177 (approx. 3.7% downside) As long as price holds above ₹1177, structure remains bullish. ₹1196 is a key intermediate support.

🏦 Long-Term View (2+ Weeks to 1–2 Months) πŸ”Ή Bias: Bullish if sustains above ₹1177 Consolidation breakout in progress.

Higher time frame bullish reversal formation visible from ₹1140 zone.

Needs to stay above ₹1177 for trend continuity.

πŸ”Ή Target: ₹1350–₹1380 (10–13% upside) πŸ”Ή Stop Loss: ₹1140 (approx. 6.7% downside) πŸ” Key Support/Resistance Levels Level (₹) Type Action 1225.51 Resistance Breakout level 1196.39 Support Key short-term support 1177.41 Support Medium-term structural support 1141.43 Support Long-term demand base (invalidates bull case below)

πŸ“Œ Summary Table Term Bias Target Range Stop Loss Upside % Downside % Short-Term Bullish 1240–1255 1210 1–2.5% ~1% Medium-Term Bullish 1285–1300 1177 5–6.5% ~3.7% Long-Term Bullish 1350–1380 1140 10–13% ~6.7%

Canara Bank STOCK OF THE VIEW IN INVESTMENT

 


Canara Bank (NSE: CANBK) that you provided (Daily timeframe), here’s a detailed technical analysis with targets, stop loss, support/resistance levels, and short, medium, and long-term outlooks:

πŸ” Technical Chart Analysis Summary Chart Pattern:

A classic A-B-C retracement visible.

The price is reacting after a significant impulse uptrend, followed by a retracement from the recent high around ₹125.

Recent bearish engulfing candle near ₹120-125 zone, indicating supply pressure.

πŸ“Š Key Levels πŸ”» Support Zones: ₹106–108 – Immediate support (currently testing this zone)

₹98–100 – Strong support (consolidation zone and breakout level)

₹85–88 – Major support (bottom of the pattern)

πŸ”Ί Resistance Zones: ₹118–120 – Immediate resistance (recent swing high and selling pressure zone)

₹125–127 – Major resistance (supply zone from earlier peak)

₹135+ – Long-term resistance

🎯 Target & Stop Loss Recommendations πŸ“ For Long Position (Bullish Trade): Entry: Around ₹107–108 (current level or pullback to ₹106 zone)

Target 1: ₹118 (approx. 9–10% upside)

Target 2: ₹125 (approx. 15–16% upside)

Stop Loss: ₹99 (below strong support zone)

Risk-Reward: Approx 1:2.5+

πŸ“ For Short Position (If bearish bias continues): Entry: Near ₹118–120 resistance zone (if price retests and rejects)

Target 1: ₹106

Target 2: ₹98

Stop Loss: ₹122

Risk-Reward: Approx 1:2

πŸ“† Timeframe Outlook πŸ”Ή Short-Term View (1–4 weeks): Neutral to Bullish Bias

As long as price holds above ₹106 and especially ₹100, upside remains probable.

Possible consolidation in ₹106–118 range.

πŸ”Έ Medium-Term View (1–3 months): Bullish Bias

If ₹120 breakout sustains, potential move towards ₹130–135.

Strong fundamental + technical recovery from earlier downtrend.

πŸ”Ί Long-Term View (3+ months): Bullish Structure Intact

Higher highs and higher lows forming.

If broader market remains supportive and ₹135 is taken out, a longer uptrend can emerge with targets in ₹150+ zone.

πŸ“‰ Risk Factors: Heavy rejection from ₹120+ level recently.

If ₹98 support breaks, medium-term structure could weaken.

Monitor volume around key levels – selling volume on down candles could indicate further downside.

πŸ“Œ Conclusion: View Direction Entry Targets Stop Loss Potential (%) Short-Term Bullish ₹106–108 ₹118 / ₹125 ₹99 +9% to +15% Medium-Term Bullish ₹108–110 ₹125 / ₹135 ₹98 +16% to +25% Long-Term Bullish ₹108 ₹135 / ₹150 ₹85 +25% to +38%

13/6/2025 Indian shares set to open lower, tracking Asian peers, after Israel strikes Iran

 Indian shares set to open lower, tracking Asian peers, after Israel strikes Iran Refinitiv1 min read

NIFTY −1.01%

INDIGO −2.74%

SPICEJET −1.78%

ADANIENT −1.45% Indian equities are set to open lower on Friday, tracking declines in Asian markets, after Israel launched military strikes on Iran, escalating tensions in the oil-rich Middle East.

The Gift Nifty futures (GIFc1) were trading at 24,706.5 as of 7:46 a.m. IST, indicating that the Nifty 50 NIFTY will open about 0.75% below Thursday's close of 24,888.2.

The MSCI Asia ex-Japan index (.MIAPJ0000PUS) fell 0.4%, while safe havens like gold and the Swiss franc gained and oil prices surged amid fears of a supply disruption.

Israel said it struck Iranian nuclear targets to block Tehran from developing atomic weapons. The U.S. has ruled out any involvement in the strikes against Iran.

The escalation could weigh on global financial markets already reeling under trade uncertainties.

Back home, a drop in domestic inflation could offer the market some relief. India's retail inflation eased to 2.82% in May - a more-than-six-year low and the fourth straight month below the central bank's 4% target - reinforcing the case for a steep rate cut last week.

Meanwhile, aviation-linked stocks including airline operators Interglobe Aviation INDIGO and SpiceJet SPICEJET will be in focus after an Air India plane crashed in the city of Ahmedabad on Thursday, killing nearly all of the 242 people on board, in the world's worst aviation disaster in a decade.

Market attention will also be on Adani Enterprises ADANIENT , the operator of the airport.

The crash, which marks the first fatal accident involving a Boeing 787, spurred a 5% drop in the plane maker's BA shares in the U.S. on Thursday.

India's Nifty and BSE Sensex SENSEX lost about 1% each on Thursday on lingering uncertainty around the U.S.-China trade deal and mounting geopolitical tensions in the Middle East.

Foreign investors sold Indian shares worth 38.31 billion rupees ($448 million) in the previous session, even as domestic institutional investors remained net buyers for 18 straight sessions.

($1 = 85.5530 Indian rupees)

Thursday, June 12, 2025

WIPRO LTD VIEW OF THE STOCK

 


WIPRO LTD (NSE) with Fibonacci retracement, volume, and oscillator analysis, here's a detailed technical view including target, stop-loss, and support/resistance levels:

πŸ” Technical Setup Overview: Price: ₹261.55 (as of last candle)

Fibonacci Retracement Levels:

0.382: ₹255.70 (First support)

0.5: ₹253.20 (Second support)

0.618: ₹250.70 (Third support)

0.786: ₹247.10 (Strong support)

Resistance:

Immediate: ₹263.85 (recent high and Fibonacci origin)

Strong: ₹268–270 zone (previous rejection area)

🎯 Trade Setup (Bullish View): The stock has broken above a sideways consolidation range on good volume, with a strong bullish move towards the Fibonacci 0 level (₹263.85). This suggests momentum continuation is likely.

✅ Target (Upside) Levels: T1: ₹263.85 (immediate resistance and previous high)

T2: ₹268.50–270.00 (psychological resistance + past supply zone)

T3: ₹275.00+ (if breakout sustains with volume)

πŸ›‘ Stop-Loss: SL1 (tight): ₹255.70 — below 0.382 Fib and minor support

SL2 (moderate): ₹253.20 — below 0.5 Fib and breakout candle low

SL3 (deep): ₹250.00 — if you expect a bounce from golden ratio (0.618)

πŸ“‰ Support Levels (Buy Zones): ₹255.70 – 0.382 retracement + minor demand zone

₹253.20 – 0.5 retracement, strong reaction seen previously

₹250.70 – golden ratio (0.618), strong institutional buying possible

πŸ“Š Volume & Momentum: Volume: Increasing on green candles — confirms breakout strength.

Oscillator (likely Stochastic or Williams %R): Recently overbought, now cooling — indicates short-term pullback possible before next move.

πŸ“Œ Strategy Suggestions: πŸ”Ό If Holding Long: Book partial profits at ₹263.85

Trail SL to ₹255.70 after breakout confirmation

Ride toward ₹270–275 on strength

πŸ”½ If Planning Fresh Entry: Wait for a dip to ₹255–253 for better risk-reward

Buy near support with SL below ₹250

Target same levels as above

⚠️ Watch Out: If price breaks below ₹250.70 with volume, trend may reverse.

Sideways movement near resistance may lead to false breakouts.


updated technical analysis for WIPRO LTD from the 2-hour chart, now including potential upside and downside in % terms based on support, resistance, and Fibonacci levels:

πŸ”’ Current Price: ₹261.55 (as of June 12, 2025) πŸ“ˆ Upside Potential (from CMP ₹261.55) Target Price Level (₹) Potential Upside (%) Comment T1 (Immediate) ₹263.85 +0.88% Near-term resistance T2 (Next) ₹268.50 +2.66% Prior swing high T3 (Stretch) ₹275.00 +5.15% Upper resistance zone

πŸ“‰ Downside Risk (from CMP ₹261.55) Stop-Loss Level Price (₹) Downside (%) Reason SL1 (Tight) ₹255.70 -2.23% Fib 0.382 & minor support SL2 (Medium) ₹253.20 -3.19% Fib 0.5 & recent breakout zone SL3 (Wide) ₹250.70 -4.14% Fib 0.618 (golden ratio) Max Risk Zone ₹247.10 -5.52% 0.786 Fib — trend failure line

🧭 Risk-to-Reward Summary Entry at ₹261.55 SL at ₹255.70 Target at ₹268.50 Risk: 2.23% Reward: 2.66% R:R ≈ 1.2:1

Entry at ₹261.55 SL at ₹253.20 Target at ₹275.00 Risk: 3.19% Reward: 5.15% R:R ≈ 1.6:1

🧠 Conclusion If you’re already holding: Consider booking partial profits near ₹263.85 and hold for ₹268.5–275 with trailing stop-loss.

If looking to enter: A pullback to ₹255–253 gives a better R:R with limited downside (~3%) and upside potential of ~5%.

Monday, June 9, 2025

NIFTY 50 INDEX OVERVIEW 10/6/2025 OUTLOOK

 



NIFTY 50 Technical Analysis (as of 9th June 2025, CMP: 25,103.20) CLOSE  Based on the 5-minute chart with Fibonacci retracement, here’s a detailed analysis:

πŸ” Current Price (CMP): 25,103.20 πŸ•’ Time Frame: Intraday to Short-Term (based on 5-min chart) πŸ“Š Technical Levels (Fibonacci Analysis): Support Levels:

Fib 0.618: 25,040.75 (strong retracement support)

Fib 0.5: 24,973.00 (mid-level, neutral support)

Fib 0.382: 24,905.25 (if breaks, may turn bearish)

Resistance Level:

Fib 0.786: 25,137.25 (immediate resistance zone)

✅ TRADE SETUP (INTRADAY) πŸ”Ή Buy Above: 25,137 (if breakout happens with volume)

Target 1: 25,200

Target 2: 25,250

Stoploss: 25,040 (below 0.618 Fib)

Potential Upside: ~0.6% – 1.0%

View: Bullish breakout if price sustains above 25,137 with volume confirmation.

πŸ”» Sell Below: 24,973 (if breaks 0.5 Fib and sustains)

Target 1: 24,905

Target 2: 24,850

Stoploss: 25,137

Potential Downside: ~0.8% – 1.0%

View: Bearish breakdown below 0.5 & 0.382 Fib level confirms weakness.

πŸ“Œ Current Zone Analysis (CMP: 25,103.20): Trading between Fib 0.618 (25,040) and Fib 0.786 (25,137).

Market is consolidating in a narrow range.

Wait for a decisive breakout (above 25,137) or breakdown (below 24,973) before initiating a trade.

πŸ“ˆ Strategy Summary: Action Entry Target(s) Stop Loss Risk:Reward Bias Buy Above 25,137 25,200 / 25,250 25,040 ~1:2 Bullish Sell Below 24,973 24,905 / 24,850 25,137 ~1:2 Bearish


Short-Term, Medium-Term, and Long-Term Technical View of NIFTY 50 based on the current chart and broader market trends:

πŸ“… 1. SHORT TERM VIEW (1–5 Days) Current CMP: 25,103.20 Chart Basis: 5-minute intraday Fibonacci levels

πŸ”ΈTrend: Sideways to Mildly Bullish Price is consolidating between 25,040 (Fib 0.618) and 25,137 (Fib 0.786).

Sustained move above 25,137 can lead to bullish momentum.

Breakdown below 24,973 can trigger short-term weakness.

πŸ”ΈStrategy: Buy above 25,137 → Target: 25,250 | SL: 25,040

Sell below 24,973 → Target: 24,850 | SL: 25,137

πŸ”ΈShort-Term Resistance: 25,137 / 25,200 πŸ”ΈShort-Term Support: 25,040 / 24,973 πŸ“† 2. MEDIUM TERM VIEW (1–3 Weeks) Chart Basis: Hourly & Daily trend (not shown but inferred)

πŸ”ΈTrend: Bullish Bias Continues NIFTY has been in a strong uptrend, forming higher highs and higher lows.

As long as it stays above 24,850–24,900, medium-term trend remains intact.

Strong buying zone: 24,800–24,900

If breaks above 25,250–25,300, next leg can start toward 25,500+

πŸ”ΈMedium-Term Targets: Target 1: 25,400

Target 2: 25,550

Stoploss: Closing below 24,850

πŸ“† 3. LONG TERM VIEW (1–3 Months & Beyond) Chart Basis: Daily & Weekly charts

πŸ”ΈTrend: Strongly Bullish (New Highs in Sight) NIFTY has broken out of major previous highs and sustaining above.

As long as it holds 24,500, structure is bullish.

Next major milestone in long term is around 26,000–26,200.

πŸ”ΈLong-Term Targets: Target 1: 25,800

Target 2: 26,200

Stoploss: Closing below 24,500

πŸ“Š Summary Table: Time Frame Trend Targets Stop Loss View Short Term Sideways–Bullish 25,200 / 25,250 25,040 / 24,973 Watch breakout above 25,137 Medium Term Bullish 25,400 / 25,550 24,850 Buy on dips Long Term Strongly Bullish 25,800 / 26,200 24,500 Trend intact, higher highs possible

BANKNIFTY INDEX OVER VIEW 10/6/2025 OUT LOOK


Bank Nifty 5-min chart you provided with Fibonacci retracement levels drawn, here is a complete technical analysis of the current market situation:

πŸ“Š Current Market Price (CMP): 56,839.60 πŸ” Technical Setup Overview Recent move shows sharp upside from 55,556.65 to 57,058.35.

Current price is near 61.8% Fibonacci retracement level (56,737), which is a strong technical support zone.

Price has retraced from the top and is now consolidating.

✅ Buy or Sell? ✅ Buy Recommendation (Intraday to Short-Term Swing) Since the price is:

Near the 61.8% retracement, often a reversal zone,

Holding above the 56,511 level (50% fib), This setup favors a buy trade for a bounce toward resistance.

🎯 Trade Setup πŸ”Ό Entry (Buy Range): 56,800 – 56,850

🎯 Target Levels: Target 1: 57,058 (Fib 78.6% level)

Target 2: 57,200 (Psychological & likely extension level)

❌ Stop Loss: Below 56,511 (50% fib level)

Safe stop loss: 56,480

πŸ“ˆ Potential Upside %: From 56,840 to 57,200 = 360 pts ≈ 0.63%

⏰ Time Frame: Intraday to Short-term swing (1–2 sessions)

πŸ“ Key Technical Levels Summary: Level Type Price CMP 56,839.60 Support 1 56,737 (Fib 61.8%) Support 2 56,511 (Fib 50%) Resistance 1 57,058 (Fib 78.6%) Target 2 / R2 57,200 Stop Loss 56,480

πŸ“Œ Conclusion: Buy Bank Nifty at CMP with SL of 56,480 for a target of 57,058 – 57,200. Strong bounce expected from fib support zone. Risk-reward ratio is favorable for a quick upside.


Bank Nifty (CMP: 56,839.60) outlook for Short Term, Medium Term, and Long Term based on price action, Fibonacci levels, and trend structure:

πŸ” Technical Context Summary (From Chart): Strong rally from 55,556 to 57,058.

Current price is near 61.8% retracement support, indicating a possible base building zone.

Structure remains bullish unless price breaks below 56,500.

⏱️ 1. Short-Term View (1–5 days) ✅ Trend: Consolidation with bullish bias πŸ”Ό Buy Zone: 56,800 – 56,850 🎯 Targets: T1: 57,058 (Resistance)

T2: 57,200 (Extension/resistance zone)

❌ Stop Loss: Below 56,480 ⚠️ Trigger for Trend Reversal: Break below 56,286 πŸ“ˆ View: Expect bounce from 61.8% retracement zone. Buy-on-dip strategy is favorable.

πŸ“… 2. Medium-Term View (1–3 weeks) ✅ Trend: Bullish continuation if holding above 56,200 πŸ”Ό Buy on Dips Zone: 56,000–56,500 🎯 Targets: T1: 57,500

T2: 58,000

❌ Stop Loss: Daily close below 56,000 πŸ“ˆ View: Higher lows forming – if this support holds, medium-term rally toward new highs is likely.

πŸ“† 3. Long-Term View (1–3 months) ✅ Trend: Strongly Bullish (Higher high structure intact) πŸ“Š Key Supports: Strong base at 54,800–55,000 zone

Fib base level at 55,556 is crucial

🎯 Potential Upside Targets: T1: 59,000

T2: 60,500 (New All-Time High Possible)

❌ Major Stop Loss (Closing Basis): Below 54,500 πŸ“ˆ View: Long-term structure supports buying on every dip until below 54,500. Economic/political tailwinds can push the index to all-time highs.

πŸ“Œ Summary Table Time Frame Trend Target(s) Support Zone Stop Loss Short-Term Bullish 57,058 / 57,200 56,737 / 56,511 56,480 Medium-Term Bullish 57,500 / 58,000 56,000 – 56,500 56,000 Long-Term Strong Bullish 59,000 / 60,500 54,800 – 55,500 54,500 (close)

Gold Mini Futures (MCX) overview

 


Gold Mini Futures (MCX) – 5-minute timeframe. Here's a detailed technical analysis along with target, stop loss, and view:

πŸ” Technical View: Downtrend Line Breakout Attempt:

The price was following a clear downtrend, as shown by the black trendline.

It is now attempting to break above this trendline, which could signal a trend reversal or pullback.

Fibonacci Retracement Levels (from recent high to low):

0.382 level at 98,664

0.5 level at 98,111

0.618 level at 97,557

0.786 level at 96,769

Immediate Support Zone:

Strong support observed at 95,765 – marked on the chart and aligned with previous lows.

RSI Indicator (Bottom Panel):

The Stochastic RSI is rising from an oversold zone (below 20), indicating bullish momentum building up.

🎯 Intraday / Short-Term Strategy: ✅ Buy Entry Above: If price sustains above 96,400–96,450, indicating a trendline breakout confirmation.

🎯 Targets: Target 1: 96,769 (Fibonacci 0.786 level – minor resistance)

Target 2: 97,557 (0.618 level – strong resistance)

Target 3: 98,111 (0.5 retracement – medium-term pullback level)

πŸ›‘ Stop Loss: Place stop loss below 95,750 (previous swing low and major support zone).

πŸ“ˆ Technical Summary: Item Level (INR) Remarks Buy Zone 96,400–96,450 On breakout above trendline Stop Loss 95,750 Below strong support Target 1 96,769 First resistance at 0.786 Fib level Target 2 97,557 0.618 retracement, next logical level Target 3 98,111 Deeper retracement if momentum continues

⚠️ Caution: If price rejects the trendline and drops below 95,750, avoid long positions.

RSI needs to break above 60 to confirm strong bullish momentum.

INDUSIND BANK FUTURES STOCK OF THE VIEW

  INDUSIND BANK FUTURES (1-Minute Chart) πŸ•° Chart Time: Fri, 27 June 2025 at 14:35 πŸ“Š Technical Overview: Current Price: ₹865.30 Day's H...