Bullishrsi — Trading Ideas on TradingView

JKLAKSHMI CEMENT - Bullish Inverted H&S Breakout (Daily T/F)Trade Setup 📌 Stock: JK Lakshmi Cement ( NSE:JKLAKSHMI ) 📌 Trend: Strong Bullish Momentum 📌 Risk-Reward Ratio: 1:3 (Favorable) 🎯 Entry Zone: ₹862 (Breakout Confirmation) 🛑 Stop Loss: ₹807 (Daily Closing Basis) (~6.4% Risk) 🎯 Target Levels: ₹899.60 ₹938.85 ₹979.80 ₹1,022.50 (Final Target) Technical Rationale ✅ Bullish Inverted H&S Breakout - Classic reversal pattern confirming uptrend continuation ✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone) ✅ Volume Confirmation - Breakout volume 376K vs previous day's 193K (Nearly 2x surge) ✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength Key Observations • The breakout comes with significantly higher volume, validating strength • Well-defined pattern with clear neckline breakout • Conservative stop loss at recent swing low Trade Management Strategy • Consider partial profit booking at each target level • Move stop loss to breakeven after Target 1 is achieved • Trail stop loss to protect profits as price progresses Disclaimer ⚠️ This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information. What do you think? Are you watching NSE:JKLAKSHMI for this breakout opportunity? Share your views in the comments!

RELIANCE INDUSTRIES - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup 📌 Stock: Reliance Industries ( NSE:RELIANCE ) 📌 Trend: Strong Bullish Momentum 📌 Risk-Reward Ratio: 1:3 (Favorable) 🎯 Entry Zone: ₹1454 (Breakout Confirmation) 🛑 Stop Loss: ₹1373 (Daily Closing Basis) (~5.6% Risk) 🎯 Target Levels: ₹1499.70 ₹1546.85 ₹1595.45 ₹1648.50 ₹1697.00 (Final Target) Technical Rationale ✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation ✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone) ✅ Golden Crossover - 50 DEMA crossed above 200 DEMA ✅ Volume Confirmation - Breakout volume 20.18M vs previous day's 5.57M (Nearly 4x surge) ✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength Key Observations • The breakout comes with significantly higher volume, validating strength • Well-defined pattern with clear price & volume breakout • Conservative stop loss at recent swing low Trade Management Strategy • Consider partial profit booking at each target level • Move stop loss to breakeven after Target 1 is achieved • Trail stop loss to protect profits as price progresses Disclaimer ⚠️ This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information. What do you think? Are you watching NSE:RELIANCE for this breakout opportunity? Share your views in the comments!

MAYUR UNIQUOTERS at a Crucial Weekly S/R Zone Mayur Uniquoters (NSE: MAYURUNIQ) is trading at a crucial long term weekly support/resistance zone of 300-310. 200WMA is also acting as immediate resistance at 330. RSI has turned bullish and the stock's trend has been bullish for a while. Break above this zone give a good further bullish move in the stock. Let's keep an eye.

Tata Motors Bullish RSI, Macd Divergence Tata motors Daily chart shows that the price is sitting on support at 160 levels. At the same time, one can see Bullish Divergence which indicates a bounce from here. If 160 level fails, Stock will find support at 134-140 levels.