“As anticipated, ICICIBANK remained below its resistance zone of 1320-1340 on January 1st and subsequently reached the primary target of 1225 today. The 9th and 13th of January were identified as key dates, and today, on the 13th, the price objective has been successfully met.”

“On December 30, 2024, I suggested a trade on DLF to subscribers. I anticipated a breakdown if the stock closed below 806. Following the breakdown confirmation, downside targets were shared at 760 and 720 on a cash basis. The stock reached 760 last week and 720 today. I also provided a couple of cycle dates for your consideration. Take a look.”

DLF Stock: Navigating the Storm Clouds

Godrej Properties has achieved our short-term target objectives of 2490 and 2440 on cash. Our medium-term objective of 2160 remains intact. View posted on January 8.

“TCS is an interesting stock. It is up 5% today. The interesting part is that on the time front, on 13th and 14th January, this stock will have a very strong turn date. So, I would expect this momentum to fizzle out very soon. Let’s see technically. If the stock sustains below the intraday low of 13th and 14th January, then we would be looking for a very sharp reversal to come through. On the price front, 4200 is a key support here. Once it breaks, a decline towards 4060 and 3950 would be on the cards. Let’s see whether we get a turn or not next week.”

https://ganninsides.com/2024/12/18/hdfc-bank-stock-1800-or-bust/

“In my December 18th post on HDFCBANK, I identified 1800 as a critical support level. A breach of this level would likely signal a decline towards 1740 and 1660. The stock indeed reached our first target of 1740 earlier this month and today has finally reached the second target of 1660. This represents a substantial decline of nearly 10% in a single trade, a surprising turn of events considering the stock’s apparent breakout from a three-year consolidation phase in early December. Since late November, we have successfully traded this stock on both the long and short sides.”

“In a post shared with my subscribers on January 2nd, I presented a short trade opportunity on SBI. The trade strategy aimed for a target of 760, contingent upon a price break below 785. I also included several other pertinent observations in the post. Take a look.”

The SBI Enigma: 210 Days of Range-Bound Trading

https://ganninsides.com/2024/12/26/zomato-analyzing-a-potential-peak-and-predicting-downside-risk/

“Zomato has proven to be an intriguing trading opportunity. On December 26th, I identified the December 9th high of 304.7 as a potential medium-term peak. Based on this, I recommended a short trading strategy, either below 266 or upon a rebound towards 290. As anticipated, the stock rallied towards 290 before sharply reversing downwards. This decline swiftly breached the critical support level of 266, subsequently reaching our projected primary target of 244 today.”