DalalStreet Insider

                                                            Chart 1 -31 Jan - 1 Feb 2025 Ola Electric is dominating Google Trends , and if charts don’t lie — a fresh rally is on the cards! By studying historic patterns and the current price setup, we’re seeing a textbook repeat of a bullish breakout that previously gave solid gains. What Happened in History ( Chart 1 Analysis) The price was in a clear downtrend. A breakout happened with a 20 & 50 EMA crossover . Strong momentum in RSI and TSI. The price jumped from ₹70 to ₹78 , from confirming the strength of this breakout setup. What’s Happening Now ( Chart 2 Analysis)                                                            ...

Why Tata Steel May Pull Back Before Moving Higher Tata Steel has recently caught the attention of traders after breaking a long-term descending trendline on the daily chart. The price has managed to move above key moving averages — the 50 EMA and the 200 EMA — signaling a shift toward bullish sentiment. However, a closer look at the chart suggests that this rally might need to cool off before making its next move.  1. Trendline Breakout With Weak Volume Confirmation After breaking the trendline, the price rose from ₹135 to ₹153. However, volume declined during this rise , signaling weak buying interest. A breakout without strong volume often lacks sustainability and hints at a likely correction. 2. RSI Overbought Condition The RSI stands at 73.35 , deep in the overbought zone. Combined with falling volume, this indicates an increased chance of a short-term correction before any further rally. 3. Potential Pullback Zone The support zone between ₹145–₹146 is crucial due to: The pres...

Kamat Hotels Stock Analysis: Bullish Breakout with Golden Cross Signals Strong Upside Potential Kamat Hotels' stock has recently shown an impressive bullish breakout, backed by a significant technical indicator known as the Golden Cross , which often signals the beginning of a long-term uptrend. Let's dive deep into the technical analysis and understand the potential for future price action. 1. Golden Cross Formation A Golden Cross occurs when the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA , indicating a shift from a bearish to a bullish trend. This happened recently on the Kamat Hotels' daily chart, confirming strong upward momentum. 2. Breakout from Downtrend Line The stock had been in a prolonged downtrend, respecting a descending trendline for several months. However, it successfully broke out of this resistance, supported by high trading volumes, which adds further conviction to the breakout. 3. All-Time High Target Currently, the st...

  Hindalco Stock Analysis: Golden Cross Signals a Bullish Rally In the world of stock market trading, technical analysis plays a vital role in predicting future price movements. One such powerful indicator that excites traders and investors is the Golden Cross pattern . Recently, Hindalco's 1-day chart has flashed this bullish signal, indicating potential upward momentum. In this blog, we will perform an in-depth Hindalco stock analysis , highlighting key support and resistance zones, moving average crossovers, and potential future price action. What is a Golden Cross? A Golden Cross pattern occurs when the 50-day exponential moving average (50 EMA) crosses above the 200-day exponential moving average (200 EMA) . This crossover is considered a strong bullish signal , indicating a potential trend reversal and the start of a new uptrend. Hindalco's Golden Cross: A Bullish Signal On the Hindalco 1-day chart , we can clearly observe the 50 EMA crossing above the 200 EMA , ...

Shyam Metalics Stock Analysis: Is It the Next Big Bullish Bet? Shyam Metalics & Energy Ltd. has been making waves in the stock market, catching the attention of investors and analysts alike. With a strong bullish breakout and solid financials, is this stock a hidden gem for your portfolio? Let’s dive deep into the technical and fundamental analysis of Shyam Metalics to determine whether it's a strong buy in 2025. Shyam Metalics: Company Overview Shyam Metalics & Energy Ltd. is one of India’s leading integrated metal producers, specializing in ferro alloys, sponge iron, and long steel products. It ranks as the 6th largest metal-producing company in India and has shown impressive growth in recent years. Shyam Metalics Stock Price and Financial Performance Net Sales: ₹1,621.39 crore (Q3 FY2024-25) Net Profit: ₹423 crore Earnings Per Share (EPS): ₹16.52 Profit Before Tax (PBT): ₹576 crore Price-to-Earnings (P/E) Ratio: 25.43 Price-to-Book (P/B) Ratio: 2.22 Dividend Yie...

By DalalStreet Insider, March 16, 2025, Introduction IndusInd Bank has been in the spotlight due to its recent stock performance, with investors wondering whether to buy, sell, or hold. With a sharp decline in share price, many traders and long-term investors are looking at brokerage ratings and technical indicators to make informed decisions. In this article, we analyze: Top brokerage firms' views on IndusInd Bank share price target for Monday, March 18. Technical outlook based on price action, moving averages, RSI, and MACD analysis . Key support and resistance levels that traders should watch. IndusInd Bank Technical Analysis (1H Chart) 1. EMA Breakdown & Resistance Levels 200 EMA (Black) is at 937.26, far above the current price, indicating a strong bearish trend. 50 EMA (Blue) at 802.11 and 20 EMA (Orange) at 680.57 are acting as resistance levels.  Price is struggling below the 20 EMA and 26 EMA, signaling continued weakness. 2. Price Action & Bearish Flag Formation...

By DalalStreet Insider, March 16, 2025 IndusInd Bank Stock Analysis – Buy, Sell, or Hold? Expert Predictions & Target Prices IndusInd Bank Update: What’s Next for Investors? IndusInd Bank has been in the spotlight due to its sharp price decline and concerns over accounting discrepancies . Investors are now wondering: Is it time to buy, sell, or hold? Let’s analyze the latest expert opinions and technical factors. Recent Stock Performance & Key Developments Over the past week, IndusInd Bank (NSE: INDUSINDBK) shares have plummeted over 22% , hitting a four-year low . The key reason? A major revelation about forex derivative accounting errors , which could impact earnings by ₹1,500 - ₹2,000 crore ($171M - $229M). Closing Price (March 15, 2025) : ₹672.65 52-Week High: ₹1,470 52-Week Low: ₹672.65 (new low) Why Did IndusInd Bank Stock Crash? Accounting Discrepancies & Forex Losses IndusInd Bank underestimated hedging costs from past forex transactions , potentially reducing...