ArthavrkshRA
@arthavrkshra.0855
Thane
10+ Years of experience
SEBI Registration INH000025212A SEBI Registered Research Analyst with 18+ years of experience in market research, advisory, and client engagement across top Indian brokerages. Holds an MBA in Finance along with the CMT (Chartered Market Technician USA), CFTe (Certified Financial Technician), and EPAT (Executive Programme in Algorithmic Trading) cre ... Read more
Trade Ideas
37
Opinions
105
Followers
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Expertise
Quantitative
Growth
Technical
Index Strategies
Market Commentary
Futures & Options
Technical Analysis
Trade Facts
Total Trades
0
Missed Trades
0
Profit Trades
0
0%Accuracy
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Posts
shared an insight ⚡️ 2 hours ago
BPCL Breaks Pattern Support as Crude Stays High
Brent crude settled at $104.70 on October 9, up 1.88% (weekly closing) on two fronts. Middle East tensions are keeping worries alive about the Strait of Hormuz, where crude exports are running roughly 30% below pre-war levels. A hurricane has also shut in about 1.3 million barrels a day of US Gulf of Mexico output, around 63% of the region’s production. Analysts say near-term prices depend on the storm’s damage and on how US-Iran talks progress (Source: BigGo Finance).
For oil marketing companies such as BPCL, a sustained rise in crude can squeeze marketing margins if retail fuel prices don’t adjust, which is why the stock tends to track crude closely. The Oil & Gas space fell 2-3% on October 8 amid the weak market.
On the daily chart,
BPCL
slipped below the lower trendline of the rising structure that had held since March, and a pullback toward 305 did not hold. The stock is at 287.80 with RSI at 33.82.
Resistance: 300-305 (broken trendline), then 316. Support: 282.95 (recent low), then 277 and 267
Whether BPCL holds above 282.95 or extends the decline, with crude as the swing factor, is worth watching. A move back above 316 would put the breakdown in question.
When a stock’s key cost driver moves sharply, the chart and the news often point the same way. Watch the support level to see which one is winning.
Disclaimer:This is for educational purposes only and is not investment advice. Please consult your financial advisor before making any investment decisions. SEBI Registered Research Analyst — INH000025212. shared an insight ⚡️ 6 hours ago
Nifty IT Confirms Hammer; Persistent in Focus
Nifty IT closed the week at 28,574.90, up 0.95%, clearing the 28,450 trigger set last week and confirming the Hammer at the 28,300-28,000 base. The intraweek low of 27,658 held above last week’s Hammer low of 27,612.85, and this week’s candle left a second long lower shadow at the same zone, which suggests the area is being defended. RSI at 42.66 is edging back toward the midline. The broader picture is still weak, with the Death Cross in effect and the 50 SMA (31,933) and 200 SMA (34,405) sloping lower, so this reads as a recovery inside a longer downtrend.
Resistance: 30,100, then 31,290 and 32,130. Support: 28,450, then 28,000 and 27,658. The Inverse H&S view, with the 25,699 low as the head, stays alive while 28,000 holds on a weekly closing basis. A weekly close below it would undo the two-week base.
PERSISTENT
has moved above the falling trendline from its August high and closed at 5,772, up 2.98%, with RSI at 69.17. Reference levels above are 5,900 (August high), then 6,221 and 6,499 (Fibonacci levels on the chart). The broken trendline near 5,550-5,600 and the 5,203 pattern low are the support areas to track.
A confirmed reversal candle at a support zone is a start, not a trend change. Moving averages and the longer trend still decide how far a recovery can run.
Disclaimer:This is for educational purposes only and is not investment advice. Please consult your financial advisor before making any investment decisions. SEBI Registered Research Analyst — INH000025212. shared an insight ⚡️ 9th Oct
Nifty Sits on Key Support; Deepak Fert Retests
GIFT Nifty is trading about 100 points higher at the time of writing. The dollar index has slipped below 102, the US 10-year yield has eased to near 5.22%, and Brent has come down from about $105 to around $103, together pointing to a positive opening.
Nifty fell sharply yesterday. It did not breach 22,650 resistance, tested the 22,520 and 22,450 supports, made a new low of 22,179 and settled near 22,213, right on the horizontal support line on the chart. RSI at 22.54 is deeply oversold on the 30-minute chart, which raises the chance of a relief bounce, though the index still needs to reclaim resistance for that to build.
Resistance: 22,390, then 22,500 and 22,800. Support: 22,179 (yesterday’s low), then 22,070 and 21,920.
The pivot cluster for the day is 22,390-22,290. A sustained hold above 22,390 for at least half an hour could give the bulls some edge toward 22,500, while a break below 22,179 could open the way to 22,070 and then 21,920.
DEEPAKFERT
has pulled back to the trendline it broke earlier, which was resistance and is now being tested as support, near 1,380. RSI is at 59.33. Whether it resumes the upside from here or slips back into the triangle is what to watch.
After a breakout, the pullback to the broken level shows whether resistance has turned into support. What price does there matters more than the breakout itself.
Disclaimer:This is for educational purposes only and is not investment advice. Please consult your financial advisor before making any investment decisions. SEBI Registered Research Analyst — INH000025212.FAQ's
What are the top stock recommendations by ArthavrkshRA?
ArthavrkshRA regularly shares stock views and market analysis on StockGro. Some of the stocks they have recently shared views on include Blue Star Ltd. (Bullish), HDFC Bank Ltd. (Bullish), Tata Consultancy Services Ltd. (Bullish), BPCL and PERSISTENT. Explore ArthavrkshRA's complete list of posts and trade views on their StockGro profile.
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You can follow ArthavrkshRA's latest investment insights, stock recommendations, and market analysis on StockGro App. Additionally, you can check their detailed stock analysis reports in the StockGro blog section.
What is ArthavrkshRA's investment strategy?
ArthavrkshRA follows a data-driven, research-backed investment strategy focused on maximizing returns while managing risk. Their approach includes fundamental and technical analysis, portfolio diversification, and sectoral trends to identify high-potential stocks.
How long has ArthavrkshRA been a SEBI-registered Research Analyst (RA)?
ArthavrkshRA has been a SEBI-registered Research Analyst and have 10+ Years of experience. With extensive experience in stock market analysis and investment research, they have guided investors in making informed and profitable decisions.
Where can I see ArthavrkshRA's past performance and stock picks?
You can check ArthavrkshRA's past stock recommendations, success rate, and investment insights on their StockGro profile. Their historical stock picks reflect a track record of strategic investment decisions based on thorough research.
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For stock market guidance from ArthavrkshRA, you can connect through their StockGro profile. Some RAs may also provide personalized investment consultations based on their availability and SEBI regulations.
What is ArthavrkshRA's track record in predicting market movements?
ArthavrkshRA has a proven track record of accurate market analysis and trend predictions. By analyzing economic indicators, market sentiment, and technical charts, they have consistently helped investors make well-timed investment decisions.
What is the SEBI Registration number for ArthavrkshRA?
ArthavrkshRA is a SEBI-registered Research Analyst with the SEBI Registration INH000025212. This ensures that their investment recommendations comply with SEBI's regulatory framework for investor protection and financial advisory standards.
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