High conviction / value buy stock pick - MIDHANICheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
> VALUABLE STOCK AVAILABLE AT A DISCOUNTED PRICE
> OPPURTUNITY TO ACCUMULATE ADEQUATE QUANTITY
> MARKET AFTER A CORRECTION / PANIC FALL TO MAKE GOOD INVESTMENT
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY.
Time makes money, GREEDY & EGO will not make money.
The real deal is when to purchase and where to purchase the stock.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Breakouttrading
High conviction / value buy stock pick - MAYURUNIQCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
> VALUABLE STOCK AVAILABLE AT A DISCOUNTED PRICE
> OPPURTUNITY TO ACCUMULATE ADEQUATE QUANTITY
> MARKET AFTER A CORRECTION / PANIC FALL TO MAKE GOOD INVESTMENT
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY.
Time makes money, GREEDY & EGO will not make money.
The real deal is when to purchase and where to purchase the stock.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
High conviction / value buy stock pick - EPLCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
> VALUABLE STOCK AVAILABLE AT A DISCOUNTED PRICE
> OPPURTUNITY TO ACCUMULATE ADEQUATE QUANTITY
> MARKET AFTER A CORRECTION / PANIC FALL TO MAKE GOOD INVESTMENT
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY.
Time makes money, GREEDY & EGO will not make money.
The real deal is when to purchase and where to purchase the stock.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - DCBBANKCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - BELCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - PARASCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - GVT&DCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Smart money buying in YES BANK.YES Bank Breakout Alert
YES Bank has recently shown a strong breakout supported by high trading volume, following news that Japan's Sumitomo Mitsui Banking Corporation has received RBI approval to acquire a 51% stake in the bank.
From a technical standpoint, the chart structure indicates a bullish trend on higher time frames. If this breakout holds as genuine, the stock has the potential to test ₹22.50 and ₹28 levels in the near term — representing an upside of approximately 40% from current levels.
KPRMILL - Daily - Cup and Handle - BreakoutPattern: "Cup and Handle" pattern
Cup/Rounding Bottom: Formed from approximately late 2024/early 2025 to late April 2025, with the low around 755.50.
Handle: A small consolidation (handle) has formed in early May 2025, right at the neckline.
Neckline: The resistance or neckline of this pattern is around 1,083.00 - 1,084.40. The price is currently testing or attempting to break out above this neckline.
Volume: A significant volume spike is visible on the most recent candle, which is attempting the breakout. This is a positive sign.
Target: The depth of the cup (approximately 324.15 points) projected from the neckline gives a potential target of around 1,408.50.
Support: The neckline around 1,083.00 - 1,084.40 will act as support if the breakout is successful. The low of the cup (755.50) is major support.
Resistance: The immediate resistance is the neckline itself. Once cleared, the target of 1,408.50 becomes the next significant resistance.
Interpretation: KPR Mill is at a crucial juncture, attempting to break out from a large bullish pattern. The high volume on the breakout attempt is encouraging. A sustained close above the 1,084.40 level would confirm the breakout and suggest a move towards the 1,408.50 target
NIIT LTD - Bullish Reversal Setup📊 NIIT LTD – Bullish Reversal Setup
🕰️ Timeframe: 1D | 🧩 Pattern: Double Bottom
🔍 Technical Chart Overview:
NIIT is showing a strong Double Bottom reversal pattern on the daily chart — a classic signal of potential trend reversal from bearish to bullish.
After bouncing from the major support zone near ₹105, the price has broken out above the neckline (around ₹133.5) on strong volume, indicating bullish conviction.
🔑 Key Technical Levels:
🔵 Resistance Levels:
₹159.70
₹171.50
🔴 Support Levels:
₹133.50 (neckline retest zone)
₹127.90 (minor support)
₹105.00 (base support)
📈 Breakout Confirmation:
Price has broken above the neckline with a high volume spike, confirming the double bottom breakout.
Next targets lie in the ₹159–₹171 range, aligning with previous supply zones.
📊 Volume & Price Action Notes:
Recent bullish candles with above-average volume
Potential retest of neckline could offer a favorable risk-reward entry
🧠 Bias: Bullish (as long as price holds above ₹133.5)
📌 Chart Indicators Used:
📉 Volume Spike confirmation
🔃 Double Bottom Pattern
🔍 Key S/R Levels marked
📍 Entry/Target Path projection with arrow
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Please DYOR before making trading decisions.
📈 Follow for more actionable chart patterns | PriceAction_Pulse
💬 Drop a comment if you're tracking NIIT!
Authum Investment & Infrastructure Ltd**AIIL:**
A one-day breakout has occurred, accompanied by a significant spike in volume. You can consider adding to your position at the current level of 1732 until the retest is complete. Start by adding 50% now, and if the price falls to 1680, add another 15%.
The support level is at 1626.50 based on the daily close, while the resistance levels are at 1854.10, 1924.95, and 1986.80.
Adani energy Solution is on bullish breakout.Adani energy Solution is in bullish Momentum mode.
It gave marubozo candle with higher volume on dated 27.03.2025.
It also traps the retail investors with operator candle on date 07.04.2025.
Stock is in Demand zone as per chart It may test 1090 (20%) and 1255(36%) gain soon.
Amazing breakout on WEEKLY Timeframe - ERISCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - MOILCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - SKIPPERCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - IRISDOREMECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - TFCILTDCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on WEEKLY Timeframe - RELIANCECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Reliance - Price action channel + Candlestick + RSIKey Observations from the Chart
Channel Structure -
Both resistance and support lines have been tested multiple times with precise reactions
The most recent price action shows a strong rejection at the lower channel boundary
Candlestick Formation-
This month printed a textbook strong lower wick rejection candle:
Long lower wick indicates buyers aggressively stepping in at support
RSI Confluence-
The RSI tells a compelling complementary story:
Recently retested COVID-era levels (historic oversold territory)
Has since established higher highs and higher lows (bullish structure)
Shows positive divergence with price (RSI making HHs while price tests support)
Head N Shoulder Breakout in Alkem Labs. Ready for the upmoveAlkem Labs broke the neckline of Inverted Head and Shoulder on the daily chart, retested the neckline and it is looking good for a decent run. The HNS target comes to Rs.5616, which is a good 11.29% from the CMP of Rs. 5146.
The Inverted Head and Shoulders pattern is a bullish reversal chart pattern in technical analysis, signaling a potential shift from a downtrend to an uptrend.
Moreover, the stock is above trading above 11 & 22 DEMA which signifies good uptrend and momentum.
MACD is above zero line and RSI is at 58 indicating strength and momentum.
One can keep an eye on this stock for decent 11% return in short term. It will report its Q4'25 earnings on 29th May,2025. The expected revenue is 31.68B.
Keep investing!!!
Prestige Estate – Bullish Structure DevelopingPrestige Estate – Bullish Structure Developing After Prolonged Correction
📅 Date: April 16, 2025
📈 Chart Type: Daily | Exchange: NSE
💡 Purpose: Educational Analysis
🔍 Price Action Overview
After an extended downtrend, Prestige Estate appears to be forming a potential trend reversal structure. A strong bullish candle has emerged from a key support zone, accompanied by multiple technical confirmations that indicate renewed buying interest.
📌 Key Technical Highlights
📉 Downtrend Line Break: The stock has convincingly broken above a descending trendline, indicating a potential shift in trend dynamics.
📊 Indicators Triggered:
✅ RSI Breakout: Momentum is turning positive.
✅ MACD Crossover: Bullish signal crossover observed.
✅ Bollinger Band Squeeze Off: Suggests upcoming volatility with a directional move.
📍 Volume Surge: A notable spike in volume supports the strength of the breakout candle.
🧱 Support and Resistance Zones
🟢 Support Levels:
S1: ₹1148
S2: ₹1098
S3: ₹1071
Broad Support Zone: ₹1000–1050 (marked as Weak Support)
🔴 Resistance Levels:
R1: ₹1272 (Pattern Entry Level)
R2: ₹1252
R3: ₹1302
Major Resistance: ₹1900–2000 (Long-term supply zone)
🔄 Entry Reference Levels (For Educational Illustration Only)
✳️ Early Entry Reference: Above ₹1203
A close above ₹1203 indicates sustained strength and potential continuation.
🧩 Pattern Breakout Entry Reference: Above ₹1272
A breakout above ₹1272 could confirm a larger reversal pattern with room to test higher resistance levels.
⚠️ Important Disclaimer
This analysis is strictly for educational purposes and aims to help readers understand price structure, support/resistance zones, and indicator alignment. It does not constitute investment advice or a buy/sell recommendation. Always consult a registered financial advisor before making any investment decisions. Market participation involves risk and capital protection should be a priority.
📘 Conclusion
Prestige Estate is currently at a critical juncture where momentum indicators, volume, and price action are aligning for a potential upside continuation. Close monitoring of key breakout levels and market conditions will be crucial for informed decision making.
🔔 Let us know your thoughts in the comments – Do you see strength sustaining above ₹1203?
📊 Poll: Will Prestige Estate reclaim ₹1300 in the coming weeks?
W Pattern Breakout Setup on 15-Min Chart📊 Script: BAJAJ FINSERV LTD. (NSE)
⏱️ Timeframe: 15-Minutes
📌 Chart Pattern: W-Pattern Formation
A potential bullish W-pattern is forming on the 15-minute chart of Bajaj Finserv. The price is consolidating near the neckline, indicating a possible breakout move in the upcoming sessions.
Key Levels:
✅ Breakout Resistance: 2,094.80
⚠️ Support Zone: 2,028.80
💼 Current Price: 2,063.70
If the price sustains above 2,094.80 with volume confirmation, it could trigger a short-term upward rally. The structure shows healthy consolidation and buying interest around support, which adds strength to this setup.
Trade Plan (For Educational Purposes):
📈 Entry: On breakout above 2,095 with strong volume
🎯 Target: ~100–150 points above breakout
🛑 Stop Loss: Below 2,028 (on a candle close basis)
Caution: Results are due so watch for possible reversal below 2028