https://ganninsides.com/2024/12/19/the-apollo-tyres-enigma-unraveling-price-patterns/

“As anticipated on December 19th, APOLLOTYRES traded below its December 9th high of 557. Today, it has achieved our primary target of 495. The stock consolidated until early January, but once price met with time during the 1st and 2nd of January, activity picked up. Technically, the next leg lower has begun, so our next target of 465 should also be achieved on time. The next critical cycle dates are due on January 27th and 28th.”

“GODREJPROPERTY had a very important cycle date yesterday. So, a daily close below yesterday’s low of 2621 is likely to trigger a major breakdown here, which would have very wide targets until early March. For the short term, on the price front, 2550 is an important support. Once that goes, a decline towards 2490 and 2440 is possible during the next few days. A break of 2550 would also open up a trajectory towards 2160, possibly until early March.”

SBI Stock Analysis: 210 Days in a Box, Potential for Downside

“For the past 210 trading days, SBI stock has been confined within a narrow range, bounded by the intraday high of June 3rd and the intraday low of June 4th. Despite numerous attempts, it has failed to break out of this range on either side. We have diligently monitored this stock throughout this period.

Historically, I have consistently emphasized the significance of the 760 level as a crucial support zone for SBI. I now anticipate a potential breakdown of this support in the near future.

A critical cycle date occurred on December 30th. A decline below the December 30th low of 785 would strengthen the bearish outlook, likely driving prices towards the 760 support level. A breach of this support could then pave the way for a move towards the June 4th low of 731.

The next significant cycle dates to watch are January 17th and January 31st.”

“ICICIBANK presents an opportune moment to initiate short positions following today’s rebound. If the stock remains below 1320 and 1340, a decline towards 1225 and 1155 is anticipated in cash prices throughout January. Key time cycle dates to monitor are January 9th and 13th. As previously indicated in October, the stock’s September 20th high likely marked a significant peak. This assessment has gained substantial credibility in the intervening three months.”

DLF stock is currently exhibiting signs of a potential downward trend. A decisive close below the 806 level on the cash market would strongly confirm this bearish outlook. If this occurs, we could anticipate a decline towards the 760-720 support zone in the coming days. Furthermore, both January 6th and 8th, 2025, mark significant cycle dates, and we may witness a sharp downturn around these dates.”

https://ganninsides.com/2024/12/18/pfc-stock-recent-peak-may-signal-a-turnaround-465-445-in-sight/

“PFC achieved our pending cash targets of 465 and 445 during the past week. On December 18th, I shared a bearish outlook here, which was activated with a break of 488. Technically, the stock still seems bearish. December 27th was a critical cycle date here, so a sustained trade below the December 27th low of 450 should further accelerate the momentum on the downside. This should ideally drag prices towards its November low of 426.6. Once that breaks, a move towards 390 to 400 should be on the cards within the next nearest time cycle date, January 21st.”

Zomato’s stock price recently peaked at 304.7 on December 9th, a level that technical analysis suggests might be a medium-term high. The stock is currently approaching a crucial support level of 266. A breach of this level could trigger a steeper decline, potentially targeting 244 and even 227.

For traders seeking higher risk, a short position could be considered. A potential entry point for this strategy would be a bounce towards the 290 level. This counterintuitive approach capitalizes on the expectation of a downward trend.

On TIME FRONT

“Tomorrow, December 27th, marks an important cycle date.”

APOLLOTYRES may have clocked a lower high at its December 9th high of 557. On the time front, December 9th was a critical cycle date. So, as long as the stock holds below its December 9th high, we would expect this stock to trend lower towards 495 and 465 on cash in the next few days. On the TIME front, the next critical cycle dates are due on January 1st and 2nd.

“If HDFC Bank stock reaches 1800, it could signal a significant peak, potentially forming at last week’s high. A price breach below 1800 might indicate a downward trend, potentially leading to declines towards 1740 and then 1660.”