INDUSTOWER - Support line and Bullish EngulfingThe 324 level, which previously acted as a strong resistance since 2019, is now serving as a solid support, as indicated by the price holding above the orange trendline.
On the daily timeframe, the price has successfully broken out of the triangle pattern. Additionally, the previous week's bullish engulfing candle on the weekly timeframe further supports the bullish bias.
This setup presents a favorable swing trade opportunity, with a target of ₹500 and a stop-loss placed below ₹310 on a weekly closing basis.
Breakout!
#APOLLO - Box Break Out in Daily chart📊 Script: APOLLO
Key highlights: 💡⚡
📈 Box Break Out in Daily chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation for over a year
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 151 DCB
⏱️ C.M.P 📑💰- 150
🟢 Target 🎯🏆 – 64%
⚠️ Stoploss ☠️🚫 – 16%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
Stocks in Focus: Biocon, Bharat Dynamics & Apollo Micro Systems1. Biocon NSE:BIOCON
● The stock reached a peak of ₹483 in December 2020, then experienced a downturn, entered a prolonged consolidation phase.
● This phase led to the formation of an Inverted Head & Shoulder pattern.
● Following a recent breakout, the stock is now poised for upward movement.
2. Bharat Dynamics NSE:BDL
● After hitting an all-time high around ₹1,795, the stock saw a decline of nearly 50% and eventually found support at ₹890.
● From this point, the price rebounded and recently surpassed its trendline resistance, setting the stage for substantial future gains.
3. Apollo Micro Systems NSE:APOLLO
● The stock underwent significant consolidation after marking an all-time high near ₹161.
● With a fresh breakout, the price is now set to exceed its past high and make new highs.
TARIL - Breakout Setup, Move is ON...#TARIL trading above Resistance of 1024
Next Resistance is at 1300
Support is at 846
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kovai Medical Center & Hospital Ltd - Breakout Setup, Move is ON#KOVAI trading above Resistance of 5727
Next Resistance is at 6757
Support is at 4807
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Pearl Global Industries Limited - Breakout Setup, Move is ON...#PGIL trading above Resistance of 1595
Next Resistance is at 2352
Support is at 1095
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 491
Next Resistance is at 728
Support is at 343
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Goldiam International Ltd - Breakout Setup, Move is ON...#GOLDIAM trading above Resistance of 395
Next Resistance is at 491
Support is at 299
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Stock Analysis: #ASHAPURMIN – A Comeback to Breakout LevelsHello, Traders! 👋
After falling nearly 60% from its previous high, #ASHAPURMIN is back at its breakout level. Here's what stands out:
📈 Technical Overview:
🔹 My ILTF indicator signaled an entry back in November amidst strong volume candles, and the stock has risen 34% since then.
🔹 Currently at a potential breakout zone, making it an interesting setup for breakout traders.
💡 My Position:
I’m not holding any position in this stock. Sharing this for learning purposes only.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Please do your own research or consult a professional before making any trading decisions.
What’s your view on #ASHAPURMIN? Could this be the next breakout trade? 🚀
#TradingView #StockAnalysis #BreakoutTrading #MomentumStocks #ASHAPURMIN
Aegis Trying to breakout of a long consolidation. Observations:
1⃣Trying to break out of consolidation/DarvasBox.
2⃣Closed Right below previous ATH/Resistance.
3⃣Huge Volume
5⃣Inverse Head &Shoulders on DTF.
6⃣Dry Volume During Consolidation/Pullback.
1⃣Action Plan:
➡️Entry Strategy: Enter on a retest of ₹969.5 in case of a gap-up opening or Enter Above 1017.25 with 50% qty and wait for a retest.
2⃣Risk Management: Place a stop loss at ₹843(Day Closing Basis).
➡️Use trailing stops to lock in profits as targets are reached.
➡️Volume Confirmation: Monitor for sustained volume above average to ensure the breakout is genuine.
➡️The confluence of the Inverse Head and Shoulders and Darvas Box breakout significantly strengthens the bullish case.
Market is very weak. So exercise extreme caution and manage the risk.
ASHAPURMIN is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Dec 2023 to Jan 2025 Tested Resistance Many times.
* It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Ashapurmin- Breakout from a resistance. Ashapurmin-
Not falling much in this weak market.
Broke out of previous resistance.
No resistance to the left.
Good RSI
Buy a small qty at CMP. Wait for a Weekly close above 485 to add more.
Wait for a retest and reversal of 485 to add the rest.
⚠️Risky- since we are trading against the overall Market Trend.
Beginners do not attempt the trade.
Risk management and position sizing is key. Trade very Light. High probability of the trade going against us.
❗️Disclaimer: This is for educational purposes only. Consult your financial advisor before making any investment decisions.
Ganesh Housing, a strong contender in this bearish Market🔘Ganesh Housing Corp Ltd (NSE: GANESHHOUC)
📈 Technical Setup
The stock shows resilience to the recent market fall, forming a bullish candle on strong volume. Trading above key moving averages (30 & 50 DMA), it is bouncing from critical support levels, signaling potential strength.
Trade Details
Entry: ₹1,368
Stop Loss (SL): ₹1,123 (-17.76%)
Targets:T1: ₹1,507 (+10%)
T2: ₹1,670 (+21.8%)
📊 Risk-to-Reward (R:R): ~1:1.23
Note: Lock in partial profits if the stock moves 8-10% in your favor to manage risk better.
🔘Risk Considerations
⚠️ Against the Trend: This is a counter-trend trade; if the broader market corrects further, the stock could follow and hit SL.
⚠️ Position Sizing: Strict risk management is critical; beginners should avoid it until the market stabilizes above the 200 DMA.
🔘Key Financial Ratios
Liquidity Ratios:
Current Ratio: 2.52
Quick Ratio: 1.51
Profitability Ratios:
Return on Equity (ROE): 41.6%
ROCE: 41.6
Valuation Ratios:
Price-to-Earnings (P/E) Ratio: 22.6
Price-to-Sales (P/S) Ratio: 7.68
📢 Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making investment decisions.
INDIACEM Breakout Possible with a good upside potentialHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Rectangular box Pattern in Daily TF.
* From Jul 2024 to Jan 2025 its in range.
* From Jul 2024 to Jan 2025 Tested & Moving Near Resistance Many times.
* It's Near resistance Zone and trying to Break Resistance Zone Only Enter when good volume good closing.
* Volume is not Rising.
* We have held off on publishing ideas on TradingView due to the bearish market trends observed over the past month..
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
CUBEXTUB - Good Volume and BreakoutView : Bullish
Entry Zone- 120 - 100
Exit Zone - Based on Trader mindset.
Stoploss : Close below 83
Trading Edge: Price action
Risk/Reward Ratio: 1:2
Timeframe: Weekly
Notes: Price consolidate since March 2024 and now it breakout the triangle pattern and trendline with good volume. Only problem in this stock is it might go into circuit based on its past. Low volume stock.
Bajaj Finserv: Is a Major Move Coming?Introduction:
Bajaj Finserv Limited, a leader in India’s non-banking financial services and insurance sector, has consistently captured investor interest with its diversified offerings. From technical patterns signaling an impending move to its robust financial performance and macroeconomic tailwinds, this analysis provides a 360-degree perspective on the stock.
Technical Analysis:
The weekly price chart of Bajaj Finserv reveals significant levels and patterns:
1. Formation: Ascending Triangle and Support Trendline
• The stock is confined within an ascending triangle, respecting trendline supports.
• Key support levels include ₹1,458 (close to the 200-week EMA) and ₹1,607 (50-week EMA).
• Resistance lies near ₹1,800; a breakout could lead to a rally toward ₹2,000–₹2,200.
2. Moving Averages: Support Zones
• 200-Week EMA (₹1,458): Indicates strong long-term support.
• 50-Week EMA (₹1,607): A pivot for medium-term trends.
3. Fibonacci Retracement Levels:
Based on the price move from ₹900 to ₹1,750 in 2022, a 38.2% retracement around ₹1,480 has acted as a strong demand zone.
4. Volume Patterns:
Spikes in buying volume near ₹1,450–₹1,600 zones signal strong institutional support.
Bullish Triggers:
• Sustained breakout above ₹1,800 can lead to potential targets of ₹2,200–₹2,500.
Bearish Risks:
• Breach of the ₹1,458 support could take the stock toward ₹1,300, intensifying selling pressure.
Fundamental Analysis:
1. Revenue and Profit Performance:
• Bajaj Finserv reported total revenue growth of 18% YoY in Q2 FY2025, reaching ₹17,920 crore, driven by its lending and insurance verticals.
• Consolidated net profit grew by 25%, touching ₹1,800 crore, indicating robust profitability across segments.
2. Business Segments:
• Bajaj Finance: Delivered exceptional growth, aided by higher loan disbursements in retail and SME sectors.
• Insurance Businesses: Recorded a growth of 30% in Gross Written Premium (GWP) YoY in both life and general insurance.
3. Key Metrics (Q2 FY2025):
• EPS (Earnings Per Share): ₹50.85, growing 23% YoY.
• GNPA (Gross Non-Performing Assets): Stable at 1.12%, showcasing asset quality strength.
• ROE: ~16.8%, reflecting superior capital efficiency.
4. Financial Ratios Comparison:
Metric Bajaj Finserv Industry Average
P/E Ratio ~30x ~28x
Price-to-Book (P/B) ~4.2x ~3.5x
Dividend Yield ~0.24% ~0.60%
Market News and Developments:
1. Positive Catalysts:
• Bajaj Finserv’s proposed asset management business (AMC) is set to boost diversification. Regulatory approvals are awaited, but investor confidence remains high.
• Digitalization Strategy: Over 70% of customer acquisition in FY2025 came from digital platforms, solidifying its position in fintech.
• Insurance Growth Potential: Rising insurance penetration and expanding middle-class demographics in India.
2. Challenges to Watch Out For:
• Global Headwinds: The possibility of slower global economic growth in 2025 could affect financial markets and investment income.
• Rising Competition: Increased competition in the NBFC space might impact margins.
Bullish and Bearish Scenarios:
Bullish Case (Targets: ₹2,200–₹2,500):
1. Sustained breakout above ₹1,800 with strong volume confirmation.
2. Continued growth momentum in revenue and profitability, coupled with positive macroeconomic support like a potential rate cut by the RBI.
Bearish Case (Risk: ₹1,300 or lower):
1. Break below ₹1,458 could intensify selling and lead the stock to revisit its June 2022 lows.
2. Unanticipated macro events, like regulatory actions or NPAs rising above expectations, could derail long-term bullish sentiment.
Investment Outlook:
Bajaj Finserv combines growth in lending, insurance, and soon-to-be asset management operations. From a technical standpoint, the current price level offers a pivotal moment for traders. Fundamentally, it remains one of the stronger NBFC players in the sector, backed by operational stability and a growing customer base.
Disclaimer:
The analysis provided is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an endorsement of any specific investment or strategy. Consult your financial advisor before making investment decisions. The author holds no responsibility for potential gains or losses incurred from your trades.
Univastu- Broke out of an Ascending Channel.Stock Analysis: UNIVASTU INDIA LTD
Trend: The stock is currently in an uptrend.
Breakout: It has successfully broken out of an ascending channel.
Pattern: Forming a Volatility Contraction Pattern (VCP).
Volume: The breakout is accompanied by high volume and a wide-range bullish candle.
Entry Point
Trigger: Above ₹302.
Confirmation: Wait for a daily close above this level before entering.
Stop Loss
SL: ₹262 (Deep SL).
Current Market Price (CMP)
₹312.45 (Almost at the upper circuit).
Buy only test quantities to observe performance.
Avoid large trades due to current weakness in the broader market.
Focus on buying stocks with strong structures in small quantities to build a test portfolio.
This approach will help gauge the overall market trend and prepare for potential reversals.
Note
When the broader market bottoms out and reverses, structurally strong stocks like this one have the potential for significant upside moves. Exercise caution and patience in the current market environment.
.
Jash Enginering. Watch for a Base Breakout!Stock: Jash Engineering Ltd.
Chart Pattern: Breakout from a consolidation range.
Key Levels:Entry: ₹655.5
Stop Loss (SL): ₹545.10
Expected T1: 777
Observations:
- Strong bullish momentum with a 10.23% move today.
-Price consolidating and forming a base
-Above key moving averages.
-Resilient in Bearish Market
-Volume spike indicates strong buying interest.
-Strong RSI
-Stock is in an Uptrend.
-Takes Support at 50 and 200 DMA on each pull back.
Risk-Reward: Favorable setup for swing traders.
⚠️Overall Market is Bearish. We are trading against the trend. Risk Management is important. If your Risk Management is poor then please do not trade.
Disclaimer: This is for educational purposes only, not financial advice.