Indian Metals & Ferro Alloys Ltd - Breakout Setup, Move is ON...#IMFA trading above Resistance of 640
Next Resistance is at 1008
Support is at 463
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.
Chartanalysis
Hindustan Copper cmp 280.05 by Daily Chart viewHindustan Copper cmp 280.05 by Daily Chart view
- Support Zone 244 to 264 Price Band
- Resistance Zone 285 to 305 Price Band
- Huge Volumes surge by demand based buying
- Falling Resistance Trendline Breakout sustained closure
- Support Zone got well tested and retested over past few days
- Bullish Rounding Bottoms formed by the Resistance Zone neckline
[INTRADAY] #BANKNIFTY PE & CE Levels(11/09/2025)Bank Nifty is expected to witness a slightly gap up opening, indicating a steady start after recent range-bound sessions. The index continues to consolidate near crucial resistance and support levels, and today’s movement will play an important role in setting the tone for intraday trades.
On the upside, if Bank Nifty sustains above the 54,550–54,600 zone, buying momentum may strengthen. This could lead to an upward move towards 54,750, 54,850, and 54,950+, where further resistance is expected. A breakout above 54,950 will open the possibility of an extended rally.
On the downside, if the index slips below 54,450–54,400, selling pressure may emerge. This can drag Bank Nifty towards 54,250, 54,150, and 54,050 levels, with deeper declines possible if 54,050 fails to hold.
Overall, the market remains neutral to range-bound with both bullish and bearish opportunities available around key breakout levels. Traders are advised to wait for confirmation and trade with strict stop-losses to manage risk effectively.
Bearish Trade Setup for SOLUSDOverview:
This is a short position on SOLUSD, entering on the 1-hour chart with a well-defined risk-to-reward ratio. The trade is based on a downward trend confirmed by the price action and EMAs, making this a high-probability bearish scenario.
Key Levels and Indicators:
Entry Point: 186.6736
The entry is triggered when the price moves below the resistance level. This confirms the continuation of the downtrend.
Stop Loss: 202.2042
The stop loss is set above the most recent swing high to protect from any sudden price reversals. This level is designed to avoid a whipsaw and ensures the trade is kept within a reasonable risk range.
Target: 155.5356
The target is calculated based on a projected price movement in line with the current trend. Given the current market structure, this target provides an optimal reward-to-risk ratio.
Why is this a Bearish Setup?
Trend Confirmation:
The price has been consistently moving lower, showing strong bearish momentum. The EMAs (9 and 20) are also sloping downwards, reinforcing the likelihood of further downside movement.
Price Action:
The recent price action has formed lower highs and lower lows, a key indication of a strong downtrend.
EMA Alignment:
The 9-period EMA (188.6387) is below the 20-period EMA (192.3233), a classic bearish crossover that confirms the downward bias of the market.
Risk-to-Reward Setup:
The trade offers an excellent risk-to-reward ratio of approximately 1:3, which ensures that potential profits outweigh the risk taken on the trade.
Trade Management:
Entry Criteria: Enter the position when the price breaks below the support zone, ideally near the entry point.
Exit Strategy: Target is set at 155.5356, but keep an eye on the price action in case a trend reversal occurs before hitting the target. Always adjust the stop loss to lock in profits as the price moves in your favor.
Final Thoughts:
This is a well-structured bearish trade idea based on both technical analysis and price action. Always ensure that you follow proper risk management rules and adjust your stop loss or take profit levels based on market conditions.
Welspun Living – Bullish Reversal | Swing Trade SetupWelspun Living (NSE: WELSPUNLIV) is showing a potential bullish reversal after bouncing off a long-term descending trendline support. This level has previously triggered strong upward swings.
The chart also shows a bullish RSI divergence, indicating waning selling momentum. A breakout above immediate resistance (~₹115–₹117) could lead to a swing move towards ₹125–₹130.
Key support lies at ₹105. Watch for volume confirmation and RSI strength for entry validation. 📈
Please note : This chart reflects my analysis only—not a trading recommendation. Always conduct your own research before acting and consider your risk tolerance. You’re responsible for your own investment decisions.
M&M (Mahindra & Mahindra)It's been a while since M&M is testing this resistance.
Looking strong, moving above key EMAs, good volume, continuously contracting near the resistance. If it sustains this level then it may give a good upside move.
Keep eyes on it.
Must use SL, it always safeguard your Capital.
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DALBHARAT - At 4yrs old Resistance LevelTechnical Analysis
DALBHARAT is currently at a strong 4-year-old resistance level, which it has interestingly tested three times in the month of September.
After forming a swing low near 1597 in early March, the stock turned bullish and established a HH-HL structure. Ideally, for a clean breakout, some consolidation near this level would strengthen the move. The overall structure remains bullish, and a decisive breakout here could trigger a strong upside rally.
Fundamental Analysis
PE Ratio: 48 – on the higher side, but broadly in line with the industry.
ROCE: 5.58% and ROE: 4.15% – both relatively weak.
Promoter Holding: Strong at 55.8%.
Pledged Shares: 0% – a positive sign.
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DALBHARAT (DALMIA BHARAT)DALBHARAT has been making HH-HL formation.
There is probability of an upside move to touch the previous resistance near 2390.
Everyone: There is news about 25% tariff from Trump therefore strictly follow risk management to safeguard your capital.
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TI (Tilaknagar Industries)TI is looking strong. After hitting a fresh ATH, the price has been consolidating and is now resting at a key demand zone.
All major EMAs are well aligned, adding to the strength.
Today, a Hammer candle has formed, taking support near the previous swing low. A breakout from here may give an upside move.
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DRREDDYDRREDDY - The stock is showing strength as it trades above all the key EMAs, indicating bullish momentum. A clear volume pickup is visible, adding confirmation to the move.
After a healthy retracement, price has broken above the immediate resistance zone. If it sustains this breakout, there’s a strong probability of an extended upside move.
The last hammer candle took solid support at the 200 EMA, which often acts as a major trend indicator, this bounce further validates the underlying strength.
Defining stop-loss and position sizing is crucial to manage downside risk, even in strong setups.
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Trade Idea: Bullish Breakout for WAAREEENER (NSE)** IF you like my observation, please boost and follow for more content."
Trade Overview:
Instrument: WAAREEENER
Timeframe: 1-hour chart
Trade Type: Bullish Breakout
Entry Price: ₹3217.75
Stop Loss: ₹3075.10
Take Profit (TP): ₹3432.10
Target Duration: Possible hold time of 2 weeks.
1. Technical Analysis:
Breakout from Resistance:
The price action has shown a clear breakout from the resistance zone, depicted by the purple horizontal line at ₹3120. The breakout was supported by increasing volume, which is an important confirmation of strength in the upward movement. A breakout above this level suggests strong bullish momentum.
Strong Fundamentals:
This breakout is not just a technical move; there are solid short-term fundamentals backing this position. The order book is healthy, indicating strong buying interest at higher levels. Additionally, the current market sentiment seems to favor growth, which aligns well with the price action.
Trend Confirmation:
We’re witnessing a bullish trend confirmation. The current price movement is above the previous highs, which suggests further upward potential. The chart indicates the start of a trend that could continue for the next few weeks, aligning with the projected hold time of 2 weeks.
2. Risk-Reward Setup:
Risk:
The trade is managed with a reasonable stop loss of ₹3075.10. This is placed below the recent low, where the price seems to find support. A stop loss at this level helps protect from large losses in case the breakout fails.
Reward:
The potential reward is set at ₹3432.10, which is well above the breakout level. This level corresponds to a key resistance, and reaching it would offer a solid profit potential. The risk-to-reward ratio of this trade is favorable, providing a good opportunity for risk management.
3. Volume Confirmation:
Volume has been increasing as the price moves higher. This is a strong signal of institutional buying or significant market interest, which further strengthens the case for this breakout to hold and reach the take profit levels.
4. Conclusion:
This is a solid bullish setup based on the breakout above the resistance, accompanied by increasing volume, healthy market sentiment, and strong short-term fundamentals. The risk-reward ratio supports this trade idea, and the target of ₹3432.10 offers a clear upside.
Important Notes:
The trade might be subject to market fluctuations; therefore, ensure to monitor the price action closely.
If the price re-enters the resistance zone or shows signs of weakening, consider adjusting the stop loss or exit strategy accordingly.
SUBROSSUBROS – After making an ATH, the price retraced and formed a new swing low at 778, followed by a brief consolidation.
Today, it has broken above the immediate resistance and is showing signs of strength.
All key EMAs are now aligned, further supporting the bullish setup.
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MASTEKMASTEK has successfully re-tested its breakout zone and posted a strong bullish candle, closing firmly above the 2566 resistance level.
Price action shows tight consolidation near the swing-high supply zone with a series of higher-lows, reflecting strong accumulation.
Volume had been drying up till now; today’s green candle came with noticeable volume, strengthening the breakout conviction.
The stock is sustaining above all key EMAs, further reinforcing bullish momentum.
A decisive follow-through above 2600 could open room for the next leg higher.
Keep it on your watchlist and prepare your paper trade plans.
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Bajaj Finance cmp 877.85 by Daily Chart viewBajaj Finance cmp 877.85 by Daily Chart view
- Support Zone 849 to 867 Price Band
- Resistance Zone 896 to 920 Price Band
- Gap Down Opening of 25th July, 2025 may act as Resistance
- Volumes in close sync with the average traded quantity over the past few days
- Darvas Box setup : Stock Price trading between Support Zone and Resistance Zone Bands
- Most of the Technical Indicators BB, EMA, MACD, RSI seem getting in the positive momentum
NIFTY50 - Technical AnalysisNIFTY - Technical analysis
Price is currently around 24,500, which is right near the 0.786 retracement level, a Strong confluence zone, Nifty has reversed from here multiple time.
If Nifty sustains above 24,500 and reclaims 24,650–24,750 (0.618–0.5 retracement), there is room for upside move toward 25,150.
If it fails to hold 24,500 and especially 24,334 - recent swing low, then downside continuation may come.
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Exide Industries Ltd (EXIDEIND) – Breakout MomentumPrice Action
CMP: ₹396–400 (Aug 29, 2025)
Stock is consolidating near highs after strong rally.
Trading above 20 / 50 / 200 EMAs → confirms bullish structure.
Resistance: ₹405–410 (breakout zone)
Support: ₹389 → ₹385 → ₹365 (weekly base)
Upside Targets:
🎯 T1 = ₹430
🎯 T2 = ₹475
🎯 T3 = ₹535 (extended swing target)
Invalidation: Close below ₹385 → caution; below ₹365 → setup weakens.
Indicators & Momentum
RSI (14): ~62 → bullish, not extreme yet.
ADX: Strength building → supports continuation.
MFI: Above 70 → strong money inflow, but watch overbought.
MACD: Mixed; short-term pauses possible.
🧭 Trading View Bias
Bias: Bullish above ₹389
Short-Term: ₹405 → ₹430
Medium-Term: ₹475 → ₹535
Caution: Sustained close below ₹385 shifts bias neutral.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
Ather Energy Ltd (ATHERENERG) – Technical AnalysisPrice Action
Current Price: ₹441–445 (as of August 29, 2025)
Up ~2–2.6% today, nearing 52-week highs.
Momentum & Indicators
Likely above key moving averages — bullish momentum.
RSI may be elevated — watch for overbought conditions.
ADX suggests trend strength is building.
Substantial volume backing price movement.
Chart Structure
Resistance zone: ₹450–451 (52-week high)
Support zones: ₹440, then ₹430–435
Upside targets: ₹470 → ₹480+ on breakout
Invalidation: Drop below ₹430 weakens bullish setup.
Trading View Bias
Bias: Bullish as long as price stays above ₹430
Short-Term Target: ₹450 → ₹470
Medium-Term Target: ₹480+
Invalidation Level: Close below ₹430 shifts to caution.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
Waaree Energies Limited - Near BreakoutIncorporated in December 1990, Waaree Energies Limited is an Indian manufacturer of solar PV modules with an aggregate installed capacity of 12 GW. WEL has five solar module manufacturing facilities in India, with international presence.
Fundamentals:
Market Cap: ₹ 97,343 Cr.
Promoter holding: 64.3 %
FII holding: 2.68 %
DII holding: 2.86 %
Public holding: 30.2 %
Debt: ₹ 1,199 Cr.
Debt 3Years back: ₹ 363 Cr.
Stock looks good on long term holding. Above 3740, All time high breakout and can give more upside movement. Targets are in the chart.
BNB/USDT – Bullish Breakout Trade Idea✅ Entry: 871.564
🎯 Target: 890.455
⛔ Stop Loss: 862.304
🔎 Trade Rationale:
Ascending Triangle Breakout – Price has respected the rising trendline and finally broken above the neckline resistance, signaling bullish continuation.
Volume Confirmation – A notable increase in buying volume supports the breakout strength.
Resistance Flip – The previous supply zone around 870 has turned into support, adding confluence.
📊 With a strong bullish structure and favorable RRR, this setup aims to capture the next push towards 890 zone.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk before trading.
SBINSBIN is looking good.
It gave a clean breakout above an old resistance zone. After the breakout, it pulled back to retest the level, and during this retest it respected the previous swing low at ₹781.70. Not breaching this level shows strong demand holding.
It is moving above all key EMAs, more importantly it is moving above 200ema for the last 3 months - which confirms the strength of the broader uptrend.
Volume is good and this reduces the there is probability of a false breakout.
In between it may halt around 858, 880 and 894, previous resistance levels.
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Bearish Setup on BCH/USDOverview:
The market conditions and price action are currently indicating a bearish trend for BCH/USD. Below is the detailed breakdown of the trade setup and why this position is logical:
Market Structure:
The price is in a downward trend, confirmed by the lower highs and lower lows visible on the chart.
A break below key support levels, along with the current price action, suggests that the bearish move is likely to continue.
Entry Level:
Entry = 580.53: The entry has been strategically placed below a key resistance level, which is also near the recent high. This confirms that a breakdown is happening, setting the stage for further downward movement.
We are entering at a point where the price has shown weakness and failed to continue its upward movement, which typically signals a potential continuation to the downside.
Stop Loss (SL):
Stop Loss = 601.45: The stop loss has been placed above a previous swing high, ensuring that the trade will only be invalidated if the price reverses above this level, thus protecting us from a false breakout.
The chosen level ensures the risk is kept under control while still allowing for reasonable price fluctuations within the trend.
Take Profit (TP):
Target = 535.76: The target is set based on recent price action, aligning with previous support levels. This level is where the price is expected to find potential support before making any reversal.
The risk-to-reward ratio here is favorable, with a potential reward much higher than the initial risk, making the setup an attractive swing trade opportunity.
Trend Confirmation:
The price is below the 50-period and 200-period EMAs, indicating that the overall trend is bearish.
The trendline at the bottom, which slopes upward, serves as an additional support that the price is expected to break below before confirming the bearish move.
Volume:
Volume analysis indicates increasing selling pressure, supporting the bearish narrative.
A breakout with higher volume confirms the strength of the downtrend, reducing the chances of a fakeout.
Conclusion:
The overall market structure, confirmed by the price action, trend, and volume analysis, suggests that the market is likely to move lower.
With a favorable risk-to-reward ratio, this setup is logical and worth considering for those looking to enter a short position on BCH/USD.
Bearish Trade Setup for ETH/USDOverview:
The setup for this trade is based on a bearish outlook for Ethereum (ETH) against the US Dollar (USD) on the 1-hour chart. The entry, stop loss, and take profit levels are carefully defined to provide a balanced risk-to-reward ratio. Here's why this setup is a solid trade idea:
1. Trade Entry:
Entry Price: 4574.87
The entry point is set based on a recent price retracement within the prevailing downtrend. The price has shown signs of rejection from key resistance levels, and the trade is positioned to capitalize on further downside momentum.
2. Target Price:
Target Price: 4241.87
The target level is derived from technical analysis, where price is expected to move toward previous support levels, presenting a logical exit point for profits.
3. Stop Loss:
Stop Loss Price: 4741.37
The stop loss is placed above recent swing highs, ensuring the trade has enough room to breathe while minimizing the risk of false breakouts. This level is a protective measure to ensure that a reversal or unexpected price movement does not lead to unnecessary losses.
4. Risk-to-Reward Ratio:
RRR: The trade has an acceptable risk-to-reward ratio, where the potential reward outweighs the risk by more than 1:1. This is crucial for maintaining profitability over the long term.
5. Trend Analysis:
The market is currently in a bearish phase, as seen in the price action and the overall downtrend. The setup capitalizes on this momentum with a proper risk management strategy.
The use of indicators like moving averages can further confirm the downtrend, though they are not displayed here, they should align with the bearish trend.
6. Volume Confirmation:
The volume should ideally be decreasing during the retracement phase and increase during the move towards the target price, confirming the bearish continuation.
7. Conclusion:
This trade is well-positioned to take advantage of a continuation of the bearish trend. The entry, stop loss, and target are all logically placed based on key price levels and risk management principles. As always, ensure to monitor the trade, and be ready to adjust if market conditions change unexpectedly.