Get started

Alltimehigh

Indraprastha Medical (D) - Bullish Breakout or Bearish Reversal?Indraprastha Medical Co. is at a critical juncture, presenting conflicting signals that warrant close attention. While the long-term trend remains bullish, emerging patterns suggest a potential reversal. The Bullish Case: Strong Momentum The stock has been in a consistent uptrend since July 2023, followed by a period of sideways consolidation that began in October 2024. Today's session was notably strong: - New All-Time High: The stock registered a new all-time high, with the closing price being the same as the high of the day. This indicates intense buying pressure and an absence of selling at the peak. - Massive Volume: The breakout was supported by exceptionally high trading volume, adding conviction to the upward move. - Indicator Alignment: Key momentum indicators are bullish across multiple timeframes (Monthly, Weekly, and Daily). The short-term Exponential Moving Averages (EMAs) are in a positive crossover state, and the Relative Strength Index (RSI) is rising, confirming the underlying strength. If this bullish momentum is sustained and the stock decisively breaks out from the current resistance zone, the next potential target is the ₹760 level. The Bearish Counterargument: Divergence and Reversal Pattern Despite the bullish price action, there are significant warning signs: - Potential Double-Top: Today's new high has formed a potential Double-Top pattern on the Monthly, Weekly, and Daily charts. This is a classic bearish reversal pattern that can signal a market peak. - Bearish Divergence: Crucially, this pattern is accompanied by a bearish divergence in the RSI. While the price made a new high, the RSI failed to do so, suggesting that the momentum behind the rally is weakening. If the breakout fails and this bearish pattern plays out, the stock could see a significant correction, with a potential downside support level at ₹385 . Conclusion and Outlook The current technical landscape is ambiguous. We have a powerful breakout candle on high volume conflicting with a classic bearish reversal pattern and weakening momentum. The immediate price action in the upcoming days is critical. Traders should wait for confirmation . A sustained move above today's high would validate the bullish case, while a failure to hold these levels and a subsequent breakdown would give credence to the bearish scenario.
NSE:INDRAMEDCO
by Learn_with_Pth0mas
All The Target DoneHere's a breakdown of what the chart shows and why "target done" is applicable: • The Movement: The chart displays a significant V-shaped recovery and surge starting around September 27th or 28th and continuing up to the current date (October 4th). • The Target Area: The large green shaded box highlights the upward trajectory and covers the area where the price has been moving. The upper limit of this green box and the price levels around the $122,000 to $123,000 mark appear to be the region of the achieved target. • Current Price Action: The current price is displayed as $122,506.9, which is at the upper end of the recent upward movement and well into the highlighted green zone. • Inferred Trading Context: In a trading context, it suggests that a long (buy) position was likely entered near the bottom of the V-shape, perhaps around the $110,000 to $112,000 area, with a profit target set near the current price level. Since the price has reached or exceeded that upper range, the objective has been met, hence "target done." In short, the chart clearly illustrates a successful, powerful move to the upside, indicating that the profit goal (target) for that particular trade setup has been achieved (done).
by The_Mosess
INDNIPPON (D) - Hits New All-Time High After Dual BreakoutIndia Nippon Electricals has demonstrated exceptional bullish momentum, surging to a new All-Time High (ATH) yesterday with a powerful +11.24% gain on the back of massive trading volume. This price surge follows two significant technical breakouts in September 2025: 1. A breakout from a prolonged consolidation phase that had been in place since January 2024. 2. A breakout from a very long-term angular resistance trendline that dated back to January 2020. Since breaking out of consolidation last month, the stock has already gained over 24%. Comprehensive Bullish Confirmation 👍 The upward move is strongly supported by a confluence of positive indicators across multiple timeframes: - Broad-Based Strength: Short-term Exponential Moving Averages (EMAs) are in a bullish crossover state across the monthly, weekly, and daily charts . - Confirmed Momentum: The Relative Strength Index (RSI) also shows a bullish crossover on the monthly and weekly charts, while the daily RSI is on the verge of confirming the same. - Volume Trend: There has been a consistent increase in overall trading volume , indicating growing and sustained buyer interest. Outlook and Key Levels Given the rapid and significant price appreciation, a short-term pullback or consolidation would be a healthy technical development. A potential retest of the recent breakout level could offer a lower-risk entry point for new positions ("buy on dips"). - Bullish Case 📈: If the current momentum is sustained, the next potential price target on the upside is ₹1,118 . - Bearish Case 📉: If the momentum is not sustained and a correction occurs, the stock could find support near the ₹900 level.
NSE:INDNIPPONLong
by Learn_with_Pth0mas
Polycab (Daily) - Reaches New ATH with Decisive BreakoutPolycab has demonstrated exceptional strength, achieving a new All-Time High (ATH) today. The stock decisively broke out of a significant long-term horizontal resistance level , a move that was confirmed by a healthy surge in trading volume. This breakout is the latest milestone in a powerful rally that began from a Double-Bottom pattern in April 2025 . Since that point, the stock has surged over 65% to date. Broad-Based Bullish Confirmation 👍 The bullish momentum is confirmed across multiple indicators and timeframes: - Sustained Volume: Trading volume has remained consistently around the average in the recent past, indicating steady accumulation and persistent buyer interest. - Daily Momentum: On the daily chart, both the short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) are in a strong bullish crossover state. - Weekly Strength: This positive sentiment is echoed on the weekly timeframe , where the EMAs and RSI also confirm a powerful bullish momentum, suggesting strength on a larger scale. Outlook: Monitoring for Confirmation Overall, Polycab is in a clear and powerful bullish trend. A common post-breakout behavior could involve the stock retesting the previous resistance level as new support . The price action in the coming days will be crucial to watch. A successful retest would confirm the breakout's strength and suggest a continuation of the upward trend. Therefore, observing this near-term price action is vital before making any further decisions.
NSE:POLYCABLong
by Learn_with_Pth0mas
Prime Focus (Weekly Timeframe) - Will the momentum continue ?Prime Focus is exhibiting exceptional strength, building upon a remarkable long-term uptrend. Since May 2020, the stock has delivered a staggering 1,019% return. Recent price action suggests this rally is not only continuing but potentially accelerating. ## Key Bullish Developments 📈 Dual Resistance Breakout: Last week, the stock decisively broke through two critical levels: a short-term resistance trendline and, more importantly, a significant long-term angular resistance. This signals the resolution of a major consolidation phase in favor of the bulls. Volume Confirmation: The breakout was validated by exceptionally high trading volume , indicating strong institutional interest and conviction behind the move, which culminated in a +19.27% surge for the week. Technical Strength: The short-term Exponential Moving Averages (EMAs) are in a Positive Crossover (PCO) state, a classic bullish sign of underlying momentum. Furthermore, the stock has consistently respected its long-term support trendline throughout its multi-year advance. ## Outlook and Strategy While the breakout is decisively bullish, a minor pullback or consolidation in the short term would be healthy due to potential profit-booking after such a sharp rally. Overall, the powerful breakout on massive volume suggests that Prime Focus has entered a new phase of its uptrend. The stock is now well-positioned to challenge its previous All-Time Highs (ATHs) in the near future. Watch the coming week's price-action !!
NSE:PFOCUSLong
by Learn_with_Pth0mas
Dr. Reddy's (Weekly Timeframe) - Potential BreakOut?Dr. Reddy's Laboratories is currently in a phase of strategic consolidation. After a remarkable 93.63% uptrend that began in March 2022, the stock has settled into a well-defined triangle formation since August 2024. This pattern suggests a temporary equilibrium between buyers and sellers as the market digests previous gains. The technical underpinnings remain constructive. The Positive Crossover (PCO) in the short-term EMAs provides a bullish undercurrent, and the resilience of key support levels indicates a solid foundation. The primary scenario we are monitoring is for a bullish continuation. The key catalyst for the next leg up will be a volume-supported breakout above the triangle's resistance. Such a move would signal the end of the consolidation phase and could propel the stock towards retesting its All-Time High (ATH) . Investors should, however, remain watchful of the trading volume, as it will be the ultimate arbiter of the breakout's validity.
NSE:DRREDDY
by Learn_with_Pth0mas
Surana T&P (Daily Timeframe) - Will it make new ATH?Surana has formed a Triangle formation which it Broke-Out last week confirming a bullish momentum. Short-term EMAs are in a PCO state. Today the stock opened Gap-up and formed a strong bullish candle (16.86%) with huge volume. A Golden Cross-over in both EMAs and DMAs may form in the coming days, which is a bullish signal, confirming the momentum. On upside the stock may reach 37 levels if the momentum continues. If the stock is unable to sustain momentum, then we may see the levels of 17 on the downside. Price-action is what we need to keep monitoring!!
NSE:SURANAT&PLong
by Learn_with_Pth0mas
GMDC (Weekly Timeframe) - What next after ATHGMDC was in a short-term downtrend which reversed into an uptrend by Mar 2025. Past few weeks it tried to BreakOut of the horizontal key resistance trendline as indicated. Last week the stock surged by 26.04% with huge volume and made a new ATH. What can we expect after the new ATH, I would expect some profit booking in the coming week. If the momentum sustains then we may see the stock surge to 640 levels on the upside. On downside, we may see 374 levels. All depending on the coming week's price-action. To be watched !!
NSE:GMDCLTDLong
by Learn_with_Pth0mas
TD Power Systems (Daily Timeframe) - Can it make new ATH ??TD Power made a new All Time High today with huge volume. With that last bullish candle, on daily timeframe, we observe a Double-Top which is a bearish chart pattern. The angular support trendline has been respected as indicated. Short-term EMAs are in positive cross-over state, which is an obvious scenario during Double-Top formation. We should observe how the price action plays out in the coming days to decide on the possible targets, both upside and downside.
NSE:TDPOWERSYS
by Learn_with_Pth0mas
Prestige on breakout, this is ready to fly in blue sky!Hey Traders! Today, I’m sharing a stock that has broken out from a falling resistance trendline. This breakout sets the stage for a potential move towards its all-time high zone. It looks promising for both short-term and long-term trades. In my opinion, this could be a solid trade for the next few days. Here’s what you need to know: The stock has broken above a key falling resistance trendline. This sets up a potential move towards the all-time high zone. For better risk-reward, I suggest trading with smaller quantities. Don’t forget to use the stop loss marked on the chart for risk management. Please trade wisely and according to your own risk tolerance. Disclaimer: This analysis is for educational purposes only. Always consult a financial advisor before making any investment decisions.
NSE:PRESTIGELong
by TraderRahulPal
Bajaj Finance - Breakout Confirmed! Heading Toward ₹11,850?Bajaj Finance (BAJFINANCE) has broken out of its multi-year consolidation range with strong momentum. The ascending trendline and breakout suggest a bullish continuation toward ₹11,850. Watch for pullbacks to enter long positions. Key Observations: 1. Ascending Trendline Support: - The stock has consistently respected the ascending trendline since 2021, with multiple bounces (marked by green arrows), indicating strong bullish momentum. 2. Breakout Above Resistance: - After consolidating between for nearly two years, the price has finally broken above the resistance zone, confirming a bullish breakout. 3. Upside Potential: - Based on the height of the previous consolidation range, the breakout target is projected at ₹11,850. 5. Strong Base Support: - The ₹6,500–₹7,000 zone remains a strong support area in case of any pullbacks. --- Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.*
NSE:BAJFINANCELong
by PhD_Swingtrader