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WELSPUNLIV | Trend Reversal with Strong VolumeWelspun Living Ltd. (NSE: WELSPUNLIV) is showing signs of a significant trend reversal as it breaks out of a downward channel, supported by a surge in volume. After multiple attempts to move higher, the price action has finally broken above the crucial resistance at ₹132.90, signaling the potential for an uptrend. Here’s the breakdown: Breakout Point: The price has broken out of a downward trend channel (highlighted in blue), which could signal the start of a bullish phase. Key Support: The breakout level around ₹132.90 will act as a key support, and any pullbacks towards this level can be considered as potential buying opportunities. Level 1 - ₹150.99: The first resistance is at ₹150.99. A successful breakout above this level will confirm the uptrend. Level 2 - ₹166.99: The next major resistance is ₹166.99, which will likely act as a significant hurdle. Level 3 - ₹181.09: If momentum continues, the price could reach ₹181.09, where another resistance zone exists. Ultimate Level - ₹212.57: If the bullish trend continues, the price could eventually reach ₹212.57, the next major resistance zone. Volume Confirmation: The breakout is accompanied by a notable increase in volume, which enhances the reliability of this move. Note: This analysis is purely for educational purposes and is not a recommendation to buy or sell any securities. It is based on technical indicators and historical price action. Always conduct your own research or consult a financial advisor before making any investment decisions. Use proper risk management techniques, such as stop-loss orders, when trading. The market is unpredictable, and past performance does not guarantee future results.
NSE:WELSPUNLIVLong
by apstockanalysis
4
KIRLOSENG Price ActionKirloskar Oil Engines Limited has recently shown a strong short-term uptrend, supported by positive quarterly earnings announced in September 2025. The stock price moved up significantly, hitting an 11-month high on November 12, 2025, driven by a notable jump in quarterly profits. Despite some past corrections and mixed signals over recent months, the near-term momentum is upward, backed by solid revenue and profit growth. Volatility remains moderate, and the stock is trading comfortably above key moving averages, indicating strength. However, while there are several positive technical and fundamental signals, some caution is warranted due to occasional volume spikes on price declines and resistance levels near recent highs. Overall, Kirloskar Oil Engines can be viewed as holding an accumulation or hold status at present, with the potential for further upside if the positive earnings momentum continues and key support levels hold firm. It's advisable to monitor the stock closely over the next few weeks for confirmation of sustained strength before considering new buying positions. This balanced outlook reflects a positive but cautious stance, awaiting clearer signals to shift decisively to a buy recommendation.
NSE:KIRLOSENGLong
by KamalKJoshi
Silver Price Action set up with double bottomThe current price analysis for XAGUSD (Silver against US Dollar) in early November 2025 reveals a mixed but cautious outlook. Silver prices are moving within a corrective phase after exiting a bullish channel, trading approximately in the $47.50 range. Technical indicators such as moving averages currently suggest a bearish to neutral trend, with the price testing key resistance levels around $48.45. Price momentum shows attempts to push higher, but resistance near $48.45 may lead to a price pullback or consolidation. If silver breaks above the critical resistance at $50.45, it could signal a renewed upward trend targeting levels around $52.35. Conversely, a failure to hold support near $46.75-47.00 may accelerate declines towards below $41.45, indicating a bearish phase. Fundamentally, silver is influenced by the strength of the US dollar, industrial demand recovery (notably from solar energy and electronics sectors), and safe-haven buying amid global market uncertainty. The metal’s sensitivity to Federal Reserve policy and economic indicators continues to drive short-term volatility. Traders should watch for sustained moves beyond the $48-$49 resistance or breakdown below $46.75 to gauge next directional trends. Overall, silver price dynamics suggest potential for both short-term rallies and corrections, dependent on macroeconomic cues and technical breakouts.
OANDA:XAGUSDLong
by KamalKJoshi
ZUARI Price ActionZUARI is currently in a short-term bullish phase with price trading above key moving averages and momentum indicators in the buy zone, but it is approaching resistance and is closer to overbought than oversold, so fresh longs need tight risk control. ## Trend & momentum - Daily MAs from 5 to 200 are below the current price and mostly giving “buy/outperform” signals, confirming an ongoing uptrend rather than a corrective phase. - RSI is around the high‑50s to low‑60s with MACD positive, showing bullish momentum but not yet at extreme euphoria, which supports continuation with intermittent pullbacks. ## Levels & positioning - Price is trading closer to the upper band of recent ranges, with short‑term support clusters around the classic/Fibonacci pivots near the mid‑280s and resistance just above 290–300 where previous supply has appeared. - For tactical trades, dips toward support with RSI staying above neutral (40–45) favour buy‑on‑dip setups; failures or rejection candles near the resistance band argue for quick profit‑booking or short, always with tight stops given the stock’s typical volatility.
NSE:ZUARILong
by KamalKJoshi
ANANDRATHI Price ActionANANDRATHI trades at elevated valuations with strong earnings growth but is showing short-term weakness after recent peaks, making it a hold for positional traders with resistance ahead. ## Current positioning Price hovers around 2900-2950 after a +1.9% daily gain, but sits below the 50-day MA near 3015, signaling mild distribution pressure in what remains a multi-year uptrend from 1600 lows. ## Momentum & structure Bullish bias intact with price above 200-day MA (2440), healthy EPS growth supporting 70x P/E, but RSI cooling from overbought suggests consolidation or pullback toward 2800-2850 support before next leg.
NSE:ANANDRATHILong
by KamalKJoshi
NATIONALUM Price ActionNational Aluminium Company Ltd (NATIONALUM) closed today at ₹213.87. The stock rallied strongly, rising nearly 5% during the session and trading in a range between ₹204.20 and ₹215.40. Today’s large volume signals solid investor participation and bullish momentum, while the price sits near the upper end of the daily band. Technically, NATIONALUM remains in a clear short-term uptrend, outperforming its sector with recent moving average crossovers strengthening the bullish case. The key support is now located near ₹204, which was today’s low, and resistance lies at ₹224—the stock’s upper circuit limit. Momentum indicators are in positive territory, reflecting strong buying interest, but short-term traders should be aware that overbought readings could invite some consolidation or profit booking. On the fundamental side, the company’s financials show robust quarterly revenue and profit growth, with strong operating margins and minimal debt. As a major aluminum producer, NATIONALUM benefits from stable commodity prices and high export demand. Overall sentiment is upbeat, suggesting potential for further gains if market conditions remain supportive and the company sustains its operational efficiency.
NSE:NATIONALUMLong
by KamalKJoshi
INOXWIND Accumulation Zone – High Probability Upside Reversal INOXWIND is approaching a high-probability bullish reversal zone. Price is currently sitting at long-term horizontal support while compressing inside a falling triangle pattern. This area has previously acted as a strong demand zone. Key Bullish Signals: 🔹 1. Price near major support + triangle apex The price is holding above long-term support and squeezing toward the triangle’s end — a zone where breakouts or sharp reversals often happen. 🔹 2. RSI deeply oversold (near 28–30) RSI is at levels where previous reversals occurred, showing sellers are exhausted and downside momentum is weakening. 🔹 3. MACD losing bearish strength The MACD histogram is flattening and the lines are preparing for a potential bullish crossover, indicating the downtrend is weakening. 🔹 4. Tight price compression forming a “price pipe” Price action is tightening, which often precedes a volatile move — and with indicators oversold, the probability favors an upside bounce. 🎯 Bullish Expectation If the support holds, INOXWIND may show a sharp relief rally toward: ₹140 ₹150 trendline And possibly higher if volume supports a breakout. ⚠️ Risk Disclaimer Support breakdown below ₹130 will invalidate the bullish setup. This is a study of chart behavior and probability only — not a buy/sell recommendation. Always do your own research and manage risk.
NSE:INOXWINDLong
by apstockanalysis
Tight Bullish Coil Above 50% EQ Means what ? Points to be Noted : -Clear monthly swing low and swing high marked, defining the impulsive leg and its equilibrium zone. ( S1 and S2 ) -Price is consolidating in the upper half of this leg, holding above the 0.5 equilibrium level, showing sustained strength in the higher value area. ( also know as EQ ) -A clean ascending trendline (green) is guiding price from the swing low, with candles respecting it as dynamic support during the pause. -Within this broader bullish structure, price has formed a tight parallel channel consolidation, indicating controlled pullback rather than distribution. ( white lines marked ) -Nearest major supply aligns with the all-time high, and the highlighted supply box marks the key decision zone where breakout or rejection is most likely.( orange box ) This post is for educational purposes only and is not investment, trading, or financial advice. Always do your own research, assess your risk tolerance, and consult a qualified financial advisor before making any trading decisions.
NSE:ARVINDLong
by Averoy_Apoorv_Analysis
HEXT Price Action**Hexaware Technologies Limited (HEXT)** trades in a mid-range consolidation phase after retreating from its 52-week high, showing short-term upside momentum but elevated volatility relative to the Nifty, making it suitable for tactical trades around key levels rather than directional bets without confirmation. ## Current Price Action - As of late November 2025, HEXT hovers around ₹750-760, down from a 52-week high of ₹900 (July 2025) and well above the low of ₹590, placing it roughly 15-20% off peak with recent sessions showing intraday swings of 3-4%. - Past week up ~4%, but 1-month flat to +1% and 1-year mildly negative at -0.8%, reflecting sector headwinds like delayed client decisions amid a broader IT slowdown. ## Key Levels - Resistance clusters near ₹830-900, aligning with prior highs and upper circuit bands, where sellers have capped rallies; a sustained close above ₹800 could signal resumption toward the yearly high. - Support holds at ₹725-742 (recent lows) down to ₹590 extremes, with the ₹700 zone acting as a pivot—breaks below risk accelerated selling given 3x Nifty volatility. ## Technical Structure - RSI around 72 suggests nearing overbought on shorter frames, while PE at 39x exceeds IT peers (sector ~28x), implying rich valuation unless earnings growth accelerates; beta of 1.4 amplifies Nifty moves. - No dominant trend on higher timeframes yet—prioritize volume on breaks, opening range plays, and prior day levels over oscillators, as Q2 profit beat (22% YoY) supports dips but macro drags cap upside.
NSE:HEXTLong
by KamalKJoshi
TMCV Price ActionTMCV appears to be in a post-demerger price discovery phase with moderate volatility and no clear established medium-term trend yet, so treating it as a short‑term trading candidate rather than a long‑term technical structure is prudent at this stage. ## What TMCV is - TMCV is the newly listed commercial vehicle (CV) entity created from the demerger of Tata Motors’ CV business, giving separate exposure to the group’s CV operations. - Existing Tata Motors shareholders received TMCV shares in a 1:1 ratio, and the new stock initially trades in a trade‑for‑trade segment to allow orderly price discovery, which tends to limit intraday speculation and can exaggerate gap moves. ## Current price zone and volatility - Recent references place TMCV around the mid‑₹300s (for example, about ₹352 on 28 Nov 2025), with a 52‑week range roughly between ₹306 and ₹360, indicating it is trading in the upper half of its short available range but not at extremes. - The relatively narrow high‑low band and short trading history mean any support/resistance levels are provisional and can break more easily than in mature charts. ## Technical picture (structure only) - With price hovering closer to the upper part of its current band, immediate resistance is likely near the recent swing highs around the upper ₹350s–₹360 zone, while initial support sits near the recent lows around the low ₹300s; breaks beyond either edge would likely trigger momentum flows as the order book is still thin and adapting. - Given the lack of long historical candles, higher‑timeframe moving averages and classic trend indicators will be less reliable; price action, volume spikes on breakouts, and intraday structure (prior day high/low, opening range) should be prioritized over slow lagging signals in this early phase. ## Trading approach ideas (not advice) - For short‑term trades, one approach is to fade moves closer to the edges of the current band (buying near the low ₹300s, selling or tightening stops near the mid‑/high‑₹350s) as long as the band holds, while being ready to switch to breakout mode if price closes convincingly outside this range with higher volume. - Because of the demerger context and trade‑for‑trade constraints, position sizing and risk limits need to be conservative: slippage and gaps can be meaningful, so pre‑defined stop levels and partial‑exit plans around known support/resistance are critical until TMCV builds more trading history.
NSE:TMCVLong
by KamalKJoshi