SAPANDANA SPHOORTY READY FOR ALL TIME HIGH ?NSE:SPANDANA (Spandana Sphoorty Fin Ltd.)
This can be considered as my New Year Pick !!
Yesterday, Longs were given around 375
Mentioning that Any dip till 300 to be bought !
For Targets🎯400 / 425 / 444 / 462 / 488 / 505 / 520++
POSITIONAL TARGET🎯 555 / 578 / 606++
Keeping WCBSL as 284
Chart which was made yesterday ie. 07/01/2025
Today, It made a high of 480++
375------>480++
T4 Done🎯🎯
More Than 25% Returns in single session !!💕😍
Updated Chart as of now ie. 08/01/2025
This move was captured.....
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Technical Setup:
1) More than 60% down from recent highs of 1200 levels
2) Falling wedge pattern on chart
3) Breakout of Falling Wedge can be seen...
4) Available at cheap valuations
5) Indication of Bottoming Out with High Volumes !!!
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Regards,
Harm⭕nics4Life
08/01/2025
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Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Breakout!
Shaktipump. Breakout and Retest done. Watch for follow through.Breakout Alert: Price breaking out of a long consolidation range and retested..
Current Price: ₹1015.45, showing strong momentum.
SL at ₹828.10.
Moving Averages:
30 SMA at ₹836.48 (acting as dynamic support).
200 SMA far below, indicating a long-term bullish trend.
Volume Surge: Bullish breakout confirmed with higher volumes.
Trend Outlook: Potential upside as breakout gains strength; watch for follow-through and plan the trade. The market is still weak so be cautious and position size accordingly.
Anant Raj Breaking Key Levels after Giving Box Breakout.NSE:ANANTRAJ today gave a good close above key levels after giving a box breakout previously With Good Volumes and Price Action.
Now Looking Good for a Swing Upto 950 and 1000 Positionally.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
MegaSoft On the verge of a breakout!#Megasoft. ⚠️Risky bet
Technical.
- Trying to break out of a prolonged consolidation.
-Closed right below a previous resistance.
-The past few trading sessions price has been moving up with increased volume forming bullish candles.
🟢Entry Above-108.
🟢SL- Short term- 96- closing basis.
🟢SL-Positional,- 83, is very deep so trade very light.
🟢Target 1(Positional)- 138
🟢Target 2(Positional)- 185
Fundamentally Very Weak. Extreme caution should be exercised. The recent diversification might help them improve the fundamentals and it might be reflecting on the chart.
Brief about the Company.
Megasoft Limited, established in 1994 and headquartered in Hyderabad, India, operates primarily in the IT consulting and outsourcing industry. The company has recently diversified into sectors such as pharmaceuticals, defence, and manufacturing.
Corporate Restructuring: Megasoft has redefined its business focus to include pharmaceuticals, defence, and manufacturing, indicating a strategic shift towards these sectors.
Open Offer: Sri Power Generation (India) Private Limited made an open offer to acquire equity shares of Megasoft, signaling potential changes in the ownership structure.
Megasoft Limited is undergoing a strategic transformation by diversifying into new sectors. While the company has reported an increase in net profit and EPS, challenges remain, as indicated by certain financial ratios. Investors should monitor the company's restructuring efforts and their impact on financial performance in the coming years.
#TradingSignals #stocktobuy
RAMAPHO - Breakout TradeView : Bullish
Entry Zone- 240- 200 (Trend line breakout falling wedge)
Exit Zone - Based on Trader mindset. Exit 1 - 270
Exit 2- 307
Exit 3 - 350
Stoploss : Close below 190
Trading Edge: Price action and CPR
Timeframe: Daily and Weekly
Notes: Trendline breakout of falling wedge pattern. Price consolidates since Feb 2023.
Stock Analysis: #PARAS – Early Potential ReversalHello, Traders! 👋
Let’s talk about #PARAS, a defence sector stock that is showing strong signs of a potential upmove. Here's the breakdown:
📈 Technical Overview:
🔹 The stock has posted its highest quarterly volume for consecutive days, indicating strong accumulation.
🔹 It is trading near a multi-week breakout level on the weekly chart and is well above the last two weeks' highs.
🔹 Momentum in the defence sector aligns well with the stock's setup, enhancing its potential.
💡 My View:
My ILTF indicator signaled an entry earlier, but broader market conditions weren’t favorable then, leading to an exit signal later. Now, it looks like #PARAS might turn positive again. Tracking closely for confirmation.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
Are you watching the defence sector momentum? Let’s discuss #PARAS! 🚀
#TradingView #StockAnalysis #DefenceStocks #MomentumTrading #PARAS
INDGN - 1 Month Consolidation / DowntrendIndegene Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (December, 2024) and in a downtrend since (November, 2024). Now, It has given a Consolidation/Downtrend breakout & Closed strong in Daily Time Frame.
3) The stock may find it's next set of resistance around the price (636 and 660) in short term.
4) Recommendation - Strong Buy.
ONGC: Prepared for a 20% RallyThe chart of ONGC provides delineates critical price thresholds that signify breakout point, along with specific support level that serve as indicators of where buying interest may manifest.
Additionally, the chart highlights regions likely to act as resistance point for future price ascension, allowing for informed decisions on entry and exit strategies.
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
ITI Technically looks Good. Potential stage 2 Underway.📈 Stock Analysis: Indian Telephone Industries Limited (ITI) - Daily Chart 📊
🟪Setup Overview:
➡️Entry Zone: ₹408.65
➡️Current Price: ₹379.20
➡️Stop Loss: ₹323.70 (Closing Basis)-Deep SL. Manage risk and position size properly.
➡️Target 1: ₹501.20
➡️Probable Long-Term Target: ₹718.85
🟪Key Observations:
➡️Volume Spurt: Recent bullish candles are accompanied by notable volume spikes, indicating accumulation and strong buying interest.
➡️Range Breakout in Progress: The stock has been consolidating in a tight range for several months and is now showing signs of breaking out above the upper boundary.
➡️Technical Strength: The breakout aligns with a well-defined risk-reward setup.
Higher volume near resistance increases the probability of a sustained move.
➡️Risk-Reward Ratio: With the stop-loss defined at ₹323.70 (closing basis), this setup offers a favorable risk reward for positional traders.
➡️Sectoral Support: ITI is part of a growing sector with robust demand potential, which adds a fundamental tailwind to this technical setup.
🟪Strategy:
A decisive close above the Entry Zone (₹408.65) could trigger the next upward leg toward Target 1 (₹501.20).
Long-term investors can look for a potential rally toward ₹718.85 if the trend sustains.
Maintain strict discipline with the stop-loss to manage risk effectively.
⚠️Fundamentally very weak.
⚠️Still we are in a sell-on-rise market.
⚠️High Chances of breakouts failing. Once again reiterating the importance of risk management.
📢 Disclaimer:
This analysis is for educational purposes only and should not be considered investment advice. Please do your own research before making any trading or investment decisions. 🙌
DATAMATICS - Breakout TradingView : Bullish
Entry Zone- 700- 650
Exit - 760 above
Stoploss : Close below 630
Risk/Reward Ratio: 1:1
Timeframe: Daily and Weekly
Notes: The trendline has broken out of the triangle, and the price is now above the narrow monthly CPR. The price has been consolidating since May 2023.
* This is not a trading recommendation, for educational purposes only
#APE/USDT looking 200% Potential GETTEX:APE looks strong at this level, bouncing off support 🔥 Expecting a solid entry zone for 2x profit with minimal risk.
🔹 Accumulation Zone: $0.133 - $0.120
🔹 Target Prices (TP): $1.60 | $1.80 | $2.46 | $3.00
🔹 Stop Loss: Close below $0.160 (4H candle)
💡 Manage your risk accordingly.
Bitcoin 2H SMC Chart Analysis: Bearish Outlook Bitcoin 2H Chart Analysis: Bearish Outlook
Currently, Bitcoin is forming a Lower Low (LL) and Lower High (LH) pattern, signaling a potential bearish trend in the short-term. Key support levels to watch are around $88,000 and $85,000.
📉 Next Targets: $88,000 → $85,000
🚫 Critical Level: A 2H close above $101,000 would invalidate this bearish outlook.
Note: If Bitcoin holds below $100,000, expect a possible decline to $85,000.
Remember, always set your stop losses to protect your funds in case the trend shifts.
Coromandel International - Breakout Setup, Move is ON...#COROMANDEL trading above Resistance of 1938
Next Resistance is at 2310
Support is at 1545
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.
Blue Star Ltd - Breakout Setup, Move is ON...#BLUESTARCO trading above Resistance of 2154
Next Resistance is at 2798
Support is at 1782
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.
PB Fintech Ltd - Breakout Setup, Move is ON...#POLICYBZR trading above Resistance of 2158
Next Resistance is at 3272
Support is at 1470
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.
Firstsource Solutions Limited - Breakout Setup, Move is ON...#FSL trading above Resistance of 380
Next Resistance is at 603
Support is at 242
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.
Ashoka Buildcon Limited - Breakout Setup, Move is ON...#ASHOKA trading above Resistance of 295
Next Resistance is at 454
Support is at 196
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.
Info Edge Limited - Breakout Setup, Move is ON...#NAUKRI trading above Resistance of 8877
Next Resistance is at 11101
Support is at 7304
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.
Innova Captab Ltd - Breakout Setup, Move is ON...#INNOVACAP trading above Resistance of 1102
Next Resistance is at 1360
Support is at 940
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.
Epack Durable Ltd - Breakout Setup, Move is ON...#EPACK trading above Resistance of 566
Next Resistance is at 763
Support is at 397
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.
Lloyds Metals And Energy Ltd - Breakout Setup, Move is ON...#LLOYDSME trading above Resistance of 1355
Next Resistance is at 2080
Support is at 1079
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.
Blue Star Ltd - Breakout Setup, Move is ON...#BLUESTARCO trading above Resistance of 1782
Next Resistance is at 2154
Support is at 1445
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.