ALKYLAMINE 1 Week Time Frame 📌 Current Price (Latest Market Levels)
Approximate current trading price: ₹1,570 – ₹1,610 range on NSE (mid‑January 2026) — slightly below recent intraday highs/lows around this zone.
52‑week range: Low ~₹1,506 • High ~₹2,438.
Short‑term price action has been slightly bearish to neutral around this zone with some down‑side pressure evident.
📈 1‑Week (Weekly) Technical Levels
🔑 Weekly Pivot Levels
These come from multiple pivot calculations (classic & fibo), giving a weekly frame support/resistance range:
Weekly Pivot Zone
Pivot (~1,580 – 1,584) — acts as the mid‑point level this week.
Weekly Resistance
R1: ~₹1,610 – 1,615 (first resistance ahead).
R2: ~₹1,630 – 1,650 (stronger resistance).
R3: ~₹1,670 – 1,680 (broader weekly upper target).
Weekly Support
S1: ~₹1,545 – 1,555 (initial support).
S2: ~₹1,520 – 1,530 (deeper support).
S3: ~₹1,485 – 1,495 (significant near‑term buffer).
📌 Weekly pivot levels are useful to gauge if price holds above support — which implies stay bullish weekly — or breaks down through support — into bearish continuation.
💡 What This Means for the Next 1 Week
✅ Key levels to watch for directional bias:
Weekly Bullish trigger: Close above ₹1,610‑1,615
Weekly bearish trigger: Close below ₹1,545
Chartoftheweek
MCX 1 Week Time Frame 📌 MCX Current Market Snapshot
Current Price: ~₹2,360 – ₹2,370 per share (approx live market price)
52‑Week Range: ₹881 – ₹2,380+
📊 Weekly Technical Levels (Pivot‑Based)
These levels come from the most recent pivot calculations for the weekly timeframe.
Weekly Resistance
R3: ~₹2,458.67
R2: ~₹2,398.33
R1: ~₹2,294.67
Weekly Pivot (Central Reference):
Pivot: ~₹2,234.33
Weekly Support
S1: ~₹2,130.67
S2: ~₹2,070.33
S3: ~₹1,966.67
📌 Interpretation
Trend bias above the pivot (~₹2,234) — bullish weekly bias as long as price stays above this.
Immediate resistance band: ~₹2,294‑₹2,398 — watch for weekly closes above to confirm momentum.
Strong weekly breakout trigger: above ₹2,398‑₹2,458 on closing basis can open extended upside.
Key support zone: ~₹2,130‑₹2,070 — weekly closes below this can indicate deeper pullback risk toward ~₹1,966.
📈 How to Use These Weekly Levels
Bullish scenario
Weekly close above the pivot zone (~₹2,234) and hold above R1 can lead to tests of R2/R3.
Breakouts beyond ₹2,398 with volume increase strengthen upward momentum.
Bearish scenario
Weekly close below ₹2,130 suggests sellers scaling up and possible move toward S2/S3.
Watch for rejection signals (long wicks, bearish candles) near upper resistances.
VEDL 1 Moth Time Frame 📌 Latest Market Context
• The stock is trading near multi‑month and all‑time highs (around ₹670+ on NSE) on strong momentum and positive sentiment after broker upgrades and structural catalysts.
• RSI readings suggest strong upside momentum but near overbought in some sources.
📈 1‑Month Timeframe Key Levels
(These combine pivot, swing support/resistance & recent price action ranges)
Resistance (Upside Targets)
₹656–₹660 — Upper daily pivot resistance zone.
₹650–₹656 — R2–R3 levels from technical pivot indicators.
Above ₹670–₹680 — Near current multi‑week highs / psychological zone (strong breakout if sustained).
Support (Downside Floors)
₹630–₹635 — Immediate pivot support (~S1) & short‑term cushion.
₹622–₹625 — Secondary demand zone near moving average clusters.
₹616–₹620 — Deeper swing support if short correction unfolds.
📊 What These Levels Mean
✅ Holding Above ₹630–₹635
Maintains bullish momentum in the 1‑month view.
Prospects for retesting ₹650+ and potentially ₹670–₹680 if buying continues.
⚠️ Break Below ₹620
Could open a pullback toward ₹616 and lower pivot zones before buyers re‑emerge.
A close below ~₹616 on monthly/daily charts may signal short‑term loss of structure.
📍 How to Use These Levels
Bullish Trade Setup (1M swing)
Buy or add near support ₹630–₹620 with stops slightly below ₹616
Targets: ₹650 → ₹670+
Neutral/Profit‑Taking Zone
₹650–₹670+ is the next potential resistance breakeven/exit zone
Bearish/Defensive
If price decisively closes below ₹620–₹616, reduce risk exposure and watch for support at lower levels.
CHART PATTERNS Chart patterns are visual shapes formed by price movements on a chart. These patterns occur repeatedly across markets and timeframes because human psychology doesn’t change. Fear, greed, panic, and hope create predictable structures.
Chart patterns fall into three categories:
1. Reversal Patterns
2. Continuation Patterns
3. Bilateral Patterns
Understanding Chart Patterns with Market Psychology
Every chart pattern reflects the psychological war between buyers and sellers.
Higher highs & higher lows: Buyers strong
Lower highs & lower lows: Sellers strong
Flat areas: Indecision
Breakouts: One side finally wins
MPHASIS 1 Week Time Frame 📊 Weekly Support & Resistance Levels
(From recent weekly technical outlook)
Resistance
R1: ₹2,863 – ₹2,865 region
R2: ~₹2,920 – ₹2,919
R3 (Bullish breakout): ~₹2,965
Support
S1 (Immediate): ~₹2,762
S2: ~₹2,717
S3 (Strong support): ~₹2,660
This gives a probable weekly trading range of ~₹2,660 to ₹2,965.
📉 Pivot Point Reference (Short-Term)
From a recent pivot calculation — can help identify intra-week turning points:
Classic pivot point around ~₹2,817 with:
S1: ~₹2,796
S2: ~₹2,776
S3: ~₹2,755
R1: ~₹2,817
R2: ~₹2,837
R3: ~₹2,858**
📈 Current Technical Signals Context
EMA/SMA and oscillators on daily/weekly are mixed to neutral-bullish — some sources show buy bias while others show weak trend — indicating no strong breakout trend yet and trending within range unless a clear break happens.
✅ Summary for 1-Week Level Strategy
Bullish break above: ~₹2,920–₹2,965
Key support zone to watch: ~₹2,660–₹2,762
Neutral pivot: ~₹2,800–₹2,830
IEX 1 Day Time Frame 📊 Daily Support & Resistance (Short‑Term Levels)
Pivot‑based Daily Levels (from classical pivot calculations):
Resistance 1 (R1): ~₹145.5
Resistance 2 (R2): ~₹147.1
Resistance 3 (R3): ~₹148.2
Pivot Point: ~₹144.5
Support 1 (S1): ~₹142.9
Support 2 (S2): ~₹141.8
Support 3 (S3): ~₹140.2
➡️ These are typical classic pivot levels for the current trading day based on the previous day’s price action.
📈 Modern Technical Levels
From recent pivot analysis on a broader timeframe (but still relevant for daily intraday levels):
Immediate Resistance: ~₹183.7
Next Resistance: ~₹188.5
Higher Resistance: ~₹191.1
Immediate Support: ~₹176.3
Lower Support: ~₹173.7
Further Support: ~₹168.9
⚠️ These levels above are from recent pivot indicators (likely based on slightly longer lookback than 1D but often used by traders together with daily pivots).
✨ How to Use These Levels in 1‑Day Trading
Resistance levels → Possible price rejection or profit‑taking zones on upside rallies.
Support levels → Areas where price might find buying or bounce if selling pressure eases.
Pivot level (~₹144–145) → Balance point useful for gauging daily bias (above → bullish, below → bearish).
PHOENIXLTD 1 Day Time Frame 📈 Current Price (approx)
Around ~₹1,867–₹1,907 on NSE during today’s session.
🔁 Daily Pivot & Key Levels (Today’s intraday reference)
Central Pivot Point:
📌 Pivot: ~₹1,903–₹1,912
Resistance Levels (Upside):
R1: ~₹1,936–₹1,940
R2: ~₹1,970–₹1,980
R3: ~₹1,994–₹2,000+
Support Levels (Downside):
S1: ~₹1,879–₹1,885
S2: ~₹1,855–₹1,866
S3: ~₹1,821–₹1,848
These are intraday pivot levels calculated from the previous day’s range and widely used for daily support/resistance barriers.
📊 Key Intraday Zones (to watch today)
Bullish Above:
Break above ~₹1,936–₹1,940 opens space toward R2 (~₹1,970) and potentially R3 (~₹2,000+).
Bearish Below:
Failure below ~₹1,885–₹1,866 may signal further downward pressure toward S3 (~₹1,821).
Pivot Reaction:
Price above pivot (~₹1,903–₹1,912) today suggests bullish bias.
Price below pivot suggests bearish/in‑range conditions.
BERGEPAINT 1 Week Time Frame 📌 Weekly Support & Resistance Levels (derived from recent weekly pivot analysis):
Resistance 3: ~570.0
Resistance 2: ~558.4
Resistance 1: ~541.3
Support 1: ~512.5
Support 2: ~500.9
Support 3: ~483.8 (lower weekly support)
📊 Alternate short‑term pivot levels (different provider):
Pivot: ~548.4
R1: ~554.8
R2: ~565.1
R3: ~571.5
S1: ~538.1
S2: ~531.7
S3: ~521.4 (intraday‑oriented pivot band)
Interpretation for 1‑Week Trading
Bullish Levels / Breakouts
Bullish breakout above ~558–570: could signal continuation to the next zone of resistance.
Holding above weekly pivot (~548–554): bullish bias for the week.
Bearish Levels / Breakdown
Major breakdown below ~512–500: opens deeper support near ~484.
Weakness under ~538: a sign of short‑term bearish pressure.
Price Context
Recent data suggests the stock has been oscillating in a range with short‑term weakness around the mid‑500s and support building around low‑500s.
DMART 1 Week Time Frame 📊 Recent Price Range (Last Week)
Stock was trading around ₹3,780–₹3,900 in the recent trading sessions.
Weekly price change has been relatively modest, showing a small rise over the past week (~+1–2%) in some data and a slight variation in others due to different closing levels.
🛑 Weekly Support Levels
These are key zones where the price may find buying interest / downside support over a short 1‑week horizon:
1. ₹3,665–₹3,705 — Short-term pivot/support cluster (near prior recent lows).
2. ₹3,531–₹3,597 — Lower support range that may act if the stock breaks below near‑term levels.
3. ₹3,340 — Broader 52‑week low area (reference of major historical support).
📈 Weekly Resistance Levels
These are zones where the price may see selling pressure / upside barriers in the near term:
1. ₹3,841–₹3,881 — Near current pivot and first resistance for short‑term trading.
2. ₹3,929–₹3,950+ — Next upside resistance from classic pivot methods.
3 .Above ~₹4,000 — Psychological and technical interest level (also broker target levels in wider timeframe).
📌 Summary — 1‑Week Key Levels to Watch
Level Type Price Zone
Immediate Support ₹3,665 – ₹3,705
Deeper Support ₹3,531 – ₹3,597
Short‑Term Resistance ₹3,841 – ₹3,881
Higher Resistance ~₹3,929 – ₹3,950+
UNIONBANK 1 Week Time Frame 📊 Current Price (Weekly Context)
~₹162 – ₹163 per share (latest live/NSE quote).
📈 Weekly Support & Resistance Zones (Approx)
Resistance Levels (Upside)
These are key levels to watch if the weekly price continues uptrend:
• R1 ≈ ₹167–₹168 – immediate resistance near recent 52‑week high.
• R2 ≈ ₹170–₹172 – near psychological/upper range targets.
• R3 ≈ ₹175+ – extended zone if momentum accelerates (trend continuation).
Support Levels (Downside)
Important weekly support levels where pullbacks could find buying support:
• S1 ≈ ₹158–₹159 – near recent short‑term pullback zone.
• S2 ≈ ₹155–₹156 – near mid‑range cluster of moving averages.
• S3 ≈ ₹150–₹152 – deeper support aligned with 50‑day average zone.
🔄 Technical Indicators Outlook (Weekly / Short‑Term)
Momentum & Trend:
Weekly technicals show bullish momentum with RSI moderately bullish and MACD positive on recent data.
Price remains above key EMAs (20, 50, 100, 200 averages), which supports the uptrend.
Volatility:
ATR and trend indicators suggest active movement, so breaks above/below key levels can lead to sustained swings.
📌 Quick Weekly Levels Summary (Approx)
Level Type Price Zone
R3 (Strong Resist) ₹172–₹175+
R2 (Next Resist) ₹170–₹172
R1 (Immediate Resist) ₹167–₹168
Current Price ₹162–₹163
S1 (Immediate Support) ₹158–₹159
S2 (Mid Support) ₹155–₹156
S3 (Strong Support) ₹150–₹152
GODREJPROP 1 Day Time Frame 📊 Current Price Context
• Trading around ₹1,930 – ₹2,055 region recently on NSE (price may vary slightly with live market conditions).
📌 Daily Pivot & Standard Levels
(Calculated from recent daily price ranges)
• Pivot (P): ~ ₹2,021 – ₹2,030
• Resistance:
• R1: ~ ₹2,060–₹2,080
• R2: ~ ₹2,120–₹2,130
• R3: ~ ₹2,160–₹2,170
• Support:
• S1: ~ ₹1,950–₹1,970
• S2: ~ ₹1,910–₹1,920
• S3: ~ ₹1,845–₹1,860
These are classic pivot derived zones — useful for identifying likely intraday reversal points.
📈 Alternate Pivot Levels (Other Calculations)
Different providers have slightly varied daily pivot estimates:
• Trendlyne style pivots: Pivot ~₹2,093, R1 ~₹2,124, R2 ~₹2,154, R3 ~₹2,180, S1 ~₹2,068, S2 ~₹2,042, S3 ~₹2,012.
📌 How to Use These Levels (1D timeframe)
Bullish scenario:
• A breakout above R1 (~₹2,060) could target R2 (~₹2,120) and R3 (~₹2,160+).
Bearish scenario:
• A break below S1 (~₹1,950) can expose S2 (~₹1,910) and then S3 (~₹1,845).
Pivot behaviour:
• Price holding above pivot (~₹2,021) suggests bulls may have edge intraday; below pivot suggests sellers may dominate.
PNB 1 Day Time Frame 📊 Daily Support & Resistance Levels
These are common pivot-style levels based on recent price action — good for short-term intraday/next-day reference:
Pivot (Daily Reference Zone): ~₹123.5-₹124 range (approximate)
Resistance Levels (Upside Targets)
R1: ~₹124.9–₹125.0 — first resistance zone near recent pivot upside.
R2: ~₹127.1–₹127.2 — higher resistance zone on daily.
R3: ~₹128.4–₹128.5 — extended resistance near recent highs.
Support Levels (Downside Barriers)
S1: ~₹121.5–₹121.8 — immediate support close below pivot.
S2: ~₹120.2–₹120.7 — secondary support zone.
S3: ~₹118.0–₹118.0+ — deeper support if price weakens.
📉 Other Short-Term Levels From Recent Technical Tools
Pivot-based support (Choice India): ~₹101.7, ~₹100.5, ~₹98.4 — longer-range levels (not daily but multi-session reference).
Bollinger bands (approx high/low daily bands): ~₹124.6 upper, ~₹115.0 lower.
🧠 Context from Indicators
RSI around mid-range (~50–65), suggests no extreme in daily momentum right now.
Moving average support around 50/100-day range (₹120–₹117) can act as dynamic support zones.
📌 How to Use These Levels
Bulls watch: Break above R1 (~₹125) for continuation toward R2/R3 (~₹127-128).
Bears watch: If price breaks below S1 (~₹121.5), next support comes around S2/S3 (~₹120 / ~₹118).
Pivot levels near ₹123-124 act as a short-term sentiment line — above is bullish, below is cautious.
MTARTECH: Trendline BO with Fresh Momentun, Chart of the WeekNSE:MTARTECH Trendline Breakout after Signals Fresh Momentum as BofA Takes Stake in It. Let us understand it in the "Chart of the Week."
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational 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.
Price Action Overview:
- Current Price: ₹2,689.70 (+13.38%)
- 52-Week High: ₹2,920.35
- 52-Week Low: ₹1,155.60
- The stock has broken out from a multi-month symmetrical triangle pattern with strong volumes
- Price is currently trading 8% below its all-time high, showing recovery momentum
- A recent breakout occurred with significant volume expansion (6.66M vs the average of 2.38M)
Volume Spread Analysis:
- Current Volume: 6.66M (significantly above average)
- Average Volume: 2.38M
- Volume Spike: Nearly 3x the average, confirming strong institutional interest
- Breakout accompanied by highest volume in recent months
- Volume expansion during up-moves and contraction during corrections is a bullish sign
- Green volume bars dominating in recent sessions indicating buying pressure
Symmetrical Triangle Breakout:
- Formation Period: Mid-2024 to Early 2026
- Apex Point: Around ₹1,600-1,700 zone
- Breakout Level: ₹2,400-2,450
- Pattern indicates consolidation followed by directional move
- Breakout suggests potential continuation of the prior uptrend from 2022 to 2023
Descending Trendline Break:
- A major descending trendline resistance from the 2023 peak has been decisively broken
- This trendline acted as resistance throughout 2024-2025
- Break confirms shift in market sentiment from bearish to bullish
Key Support and Resistance Levels:
Major Support Zones:
- Immediate Support: ₹2,400-2,450 (breakout zone and recent consolidation)
- Secondary Support: ₹2,200-2,250 (previous resistance turned support)
- Strong Support: ₹1,900-2,000 (triangle mid-point and psychological level)
- Critical Support: ₹1,600-1,700 (triangle apex and long-term support)
Major Resistance Zones:
- Immediate Resistance: ₹2,750-2,800 (short-term supply zone)
- Major Resistance: ₹2,900-2,920 (all-time high zone)
- Psychological Resistance: ₹3,000 (round number psychological barrier)
Base Formation:
- Primary Base: The symmetrical triangle from mid-2024 to early 2026 represents a consolidation base
- This base formed after a significant decline from the 2023 highs
- Base width suggests potential for sustained upward movement
- The longer consolidation typically leads to stronger breakouts
Trend Analysis:
- Short-term Trend (Daily): Bullish with strong momentum
- Medium-term Trend (Weekly): Transitioning from consolidation to bullish
- Long-term Trend (Monthly): In recovery phase after 2023-2024 correction
- Price trading above key moving average levels post-breakout
Sectoral Backdrop:
Clean Energy and Nuclear Power Sector:
- India's nuclear power capacity expansion plans gaining momentum
- Government targeting 100 GW nuclear capacity by 2047
- Small Modular Reactors (SMRs) emerging as key focus area
- Global shift toward carbon-neutral energy boosting nuclear power demand
- MTAR is positioned as a key supplier to India's nuclear program
Defense Manufacturing Sector:
- India's defense budget increased to ₹6.21 lakh crore for FY25
- The government's 'Aatmanirbhar Bharat' initiative driving domestic defense manufacturing
- Capital outlay for defense modernization supporting equipment manufacturers
- Private sector participation in defense production expanding
- MTAR supplies critical components to defence applications, including missile systems
Space Technology Sector:
- ISRO's increasing launch frequency and ambitious missions
- Private space sector opening up with policy reforms
- Growing demand for satellite components and launch vehicle parts
- India positioning itself as a low-cost space launch provider globally
- MTAR manufactures precision components for space applications
Industrial and Clean Energy Equipment:
- India's renewable energy target of 500 GW by 2030
- Growing demand for precision-engineered components in various industries
- Export opportunities expanding in specialized manufacturing
- The government's PLI schemes supporting manufacturing competitiveness
Fundamental Backdrop:
Company Overview:
- MTAR Technologies is a precision engineering solutions company
- Specializes in manufacturing critical and precision components
- Serves diversified sectors: Nuclear, Defense, Space, and Clean Energy
- Established reputation with marquee clients including ISRO, BARC, DRDO
- Listed on NSE and BSE in March 2021
Recent Key Developments:
- BofA Securities (Bank of America) has reportedly acquired a stake in the company
- This institutional interest signals confidence in the company's growth prospects
- The timing of the stake acquisition coinciding with technical breakout is noteworthy
- Institutional buying often precedes sustained upward moves
Business Strengths:
- Strong order book visibility across multiple sectors
- High entry barriers due to specialized manufacturing capabilities
- Long-term relationships with government and PSU clients
- Diversified revenue streams reducing concentration risk
- Focus on high-margin precision engineering products
Growth Drivers:
- Expanding nuclear power program in India
- Increasing defense indigenization requirements
- Growing space sector opportunities with ISRO and private players
- Clean energy transition driving demand for specialized components
- Potential for export growth in precision engineering
Key Metrics to Watch:
- Order book growth and execution
- Revenue mix across different sectors
- Operating margins and profitability trends
- Capacity utilization and expansion plans
- Working capital management
Risk Factors:
- Failure to hold ₹2,400 support could trigger profit booking
- Market-wide correction could impact momentum
- Any negative news on key sectors (defence/nuclear) could affect sentiment
- Overbought conditions in the near term may lead to consolidation
Key Levels to Watch:
- Breakout Confirmation: Sustained trade above ₹2,700
- Momentum Acceleration: Break above ₹2,920 (all-time high)
- Support Test: How price behaves if it retests ₹2,400-2,450 zone
- Volume Sustenance: Whether high volumes continue or fade
My 2 Cents:
MTAR Technologies is showing a strong technical setup following a prior symmetrical triangle breakout and current trendline breakout with exceptional volumes. The combination of technical breakout, institutional interest from BofA Securities, and favorable sectoral tailwinds in nuclear, defense, and space sectors creates a compelling case. However, traders should watch for confirmation above the ₹2,700-2,750 levels and manage risk appropriately. The stock's positioning in high-growth strategic sectors provides a supportive fundamental backdrop for the technical rally.
Full Coverage on my Mid-Week Newsletter coming Wednesday.
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As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational 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.
BEL 1 Day Tie Frame 📍 Current Quote & Daily Price Range (approx)
Current Price: ~ ₹418.65 (latest close / last traded price)
Day’s Low / High: ~ ₹415.85 – ₹424.55
📊 Daily Pivot & Levels (Standard / Fibonacci)
(Calculated from most current data available)
🔥 Pivot Points (Fibonacci Basis):
Pivot (Central): ₹417.55
Resistance 1 (R1): ₹420.95
Resistance 2 (R2): ₹423.05
Resistance 3 (R3): ₹426.45
🛡️ Support Levels:
Support 1 (S1): ₹414.15
Support 2 (S2): ₹412.05
Support 3 (S3): ₹408.65
📌 Alternative Broker‑Derived Levels (Correlation)
These are close to the pivot model above and help confirm zones:
From another live technical feed:
Pivot: ~ ₹417.55
First Support: ₹412.15
First Resistance: ₹421.05
Second Support: ₹408.65
Second Resistance: ₹426.45
Third Support: ₹403.25
Third Resistance: ₹429.95
This confirms the support zone ~₹408–412 and resistance zone ~₹421–427+.
📈 How to Interpret (Today’s Daily Chart)
✔️ Bullish continuation if price holds above:
Pivot: ₹417.55
Support zone: ₹412–₹408
✔️ Upside breakout triggers stronger moves above:
R1 / R2: ₹420.95 → ₹423+
Above ₹426+ opens room toward fresh highs.
❌ Bearish risk if price drops below:
S1‑S2 zone: ₹414 → ₹412
Break below ₹408 — downside pressure toward lower supports.
STEELCAS 1 Day Time Frame 📊 Current Price Snapshot (Latest Available)
Approx Live Price: ~₹210–₹213 per share (recent session)
Today’s Day Range (recent close): ~₹208–₹214
📈 Accurate Daily Support & Resistance Levels
🔹 Pivot Point (Day Reference)
Pivot: ~₹206.55–₹213.62 (central reference)
📉 Support Levels
S1: ~₹203.7–₹205.8 – first key support
S2: ~₹197.1–₹201.1 – stronger secondary support
S3: ~₹188.8–₹193.3 – deep support zone
📈 Resistance Levels
R1: ~₹218.5–₹218.3 – first resistance
R2: ~₹226.8–₹226.1 – next upside target
R3: ~₹233.4–₹230.7 – higher resistance
🧠 How to Use These Levels (Daily Time Frame)
Bullish scenario
Break and hold above R1 (~₹218–219) could signal continuation toward R2 (~₹226+).
Sustained break above R2 strengthens trend.
Bearish scenario
Failure under Pivot (~₹206–213) with close below S1 (~₹204–206) may open S2 (~₹197) and S3 (~₹188).
Look for volume confirmation on breakdowns.
📍 Quick Reference Summary (Daily Levels)
Level Price Approx
R3 ~₹230–₹233+
R2 ~₹226–₹227
R1 ~₹218–₹219
Pivot ~₹206–₹213
S1 ~₹203–₹206
S2 ~₹197–₹201
S3 ~₹188–₹193
RVNL 1 Week Time Frame 📍 Current Status (as of latest market data):
RVNL trading around ₹356–₹360 on NSE/BSE.
📈 Key Levels for this Week (Intraday / Swing)
🔹 Resistance Levels
1. ₹369‑₹373 — Immediate resistance zone where short‑term counter may face selling pressure.
2. ₹377‑₹380 — Higher resistance; a breakout above this could signal short‑term bullish continuation.
🔻 Support Levels
1. ₹362‑₹357 — First support; holds short‑term pullbacks intraday.
2. ₹354‑₹350 — Deeper support — breach of this could see more downside.
3. ₹345‑₹340 — Strong support zone seen from recent chart structures (near 50DMA and consolidation).
📊 What This Means for the Next Week
✅ Bullish scenario
If RVNL closes above ₹373‑₹377 on daily closes, momentum could push towards ₹385‑₹395 in the coming sessions (momentum breakout).
Sustained buying and above‑average volumes would strengthen upside bias.
❌ Bearish scenario
A breakdown below ₹350‑₹345 could lead to a slide to ₹330‑₹325, where longer‑term support zones lie.
Daily closes below ₹350 increases the chances of deeper correction.
⚡ Neutral / Consolidation
If price stays between ₹350–₹373, expect sideways range‑bound trade before a clearer breakout direction.
🧠 Traders’ Focus This Week
✔ Watch daily closing levels above resistance / supports.
✔ Breakouts with higher volumes matter more than intraday spikes.
✔ Stop losses below the strong support zones (e.g., ~₹345) if positioning long.
HCLTECH 1 Month Time Frame 📌 Current Price Snapshot
Approx. live share price: ₹1,640–₹1,650 range on NSE today.
📅 1‑Month Price Context
Over the past month, HCLTECH has generally traded between roughly ₹1,590 – ₹1,680 before recent moves.
📊 Key 1‑Month Technical Levels
🔹 Immediate Support Levels
These are short‑term levels where price may find buying interest:
S1: ~₹1,620
S2: ~₹1,605
S3: ~₹1,592
(support levels from pivot analysis)
Additional support areas if price falls further:
~₹1,580–₹1,570 (psychological region and recent consolidation area)
🔺 Immediate Resistance Levels
These are short‑term levels where price may face selling pressure:
R1: ~₹1,647–₹1,650
R2: ~₹1,660
R3: ~₹1,670–₹1,675
(pivot‑based resistance zones)
If bulls push higher:
~₹1,690–₹1,700 is a possible zone of next resistance before bigger range tests.
📈 Trend & Moving Averages (1‑Month)
20 DMA: ~₹1,659
50 DMA: ~₹1,610
100 DMA: ~₹1,536
200 DMA: ~₹1,564
(latest moving averages reflect neutral‑to‑bullish alignment with price above most SMAs)
📌 How to Use These Levels
Bullish scenario:
If HCLTECH sustains above ₹1,650–₹1,660, the next resistance to watch is ₹1,675–₹1,700, and potential testing of recent broader highs.
Bearish scenario:
If it breaks below ₹1,592–₹1,580, short‑term support weakens and price could drift toward ₹1,550–₹1,570.
NETWEB 1 Day Time Frame 📌 Current Price (Approx)
NETWEB ~ ₹3,347–₹3,368 on NSE (latest market price) — this is the recent traded range as markets open/continue today.
📊 Daily Technical Levels (1-Day Chart)
Pivot Point (Key Reference)
Pivot: ₹3,335–₹3,359 area — central decision zone for bulls vs bears.
🔥 Resistance Levels (Upside)
1. R1: ₹3,436–₹3,437 — first resistance zone.
2. R2: ₹3,525–₹3,526 — next upside hurdle.
3. R3: ₹3,626–₹3,627 — extended breakout target.
📉 Support Levels (Downside)
1. S1: ₹3,246–₹3,247 — immediate support.
2. S2: ₹3,145–₹3,145 — intermediate support line.
3. S3: ₹3,056–₹3,056 — deep support level.
📌 How to Use These Levels Today
Bullish bias: If price stays above pivot (~₹3,350) and breaks R1 ~₹3,436, next targets are R2 and R3.
Bearish bias: If price drops below S1 (~₹3,246), watch S2 and S3 for possible pullbacks/support zones.
📊 Short-Term Technical Mood
Pivot levels suggest an active trading range today — traders often use these references for intraday entry/exit.
RSI/MACD short-term signals are mixed to neutral, indicating a balanced fight between bulls and bears (not strongly overbought nor oversold on daily).
RELIANCE 1 Week Time Frame 📌 Current Price Snapshot
RELIANCE.NS is trading around ~₹1,507 – ₹1,510 per share on NSE.
📉 Key Weekly Support Levels
These are levels where price may find buying support on pullbacks:
🟩 Support 1: ~₹1,518 – ₹1,520 — near short‑term pivot support zone for the week.
🟩 Support 2: ~₹1,498 – ₹1,500 — next floor if sellers dominate early week.
🟩 Lower Support: ~₹1,479 – ₹1,480 — broader weekly downside reference.
👉 A weekly close above ₹1,518 would suggest short‑term stabilization before potential bounce.
📈 Key Weekly Resistance Levels
Levels where upside may face selling pressure:
🔴 Resistance 1: ~₹1,555 – ₹1,560 — nearest upside hurdle.
🔴 Resistance 2: ~₹1,600 – ₹1,612 — mid‑week challenge zone (~52‑week area).
🔴 Higher Resistance: ~₹1,630 – ₹1,668 — stretch target if bullish momentum picks up.
👉 A weekly close above ~₹1,612–₹1,620 would signal stronger bullish bias and possible follow‑through to higher levels.
📊 Weekly Price Range Estimate
Expected trading corridor for this week:
📉 Downside: ~₹1,498 – ₹1,500
📈 Upside: ~₹1,630 – ₹1,668
This range represents the key support and resistance boundaries traders may watch for breakouts or breakdowns during the week’s sessions.
TMPV 1 Day Time Frame 📍 Live / Current Price
Approx Last Traded Price: ~ ₹368 – ₹370 range in recent sessions (this is the most recent available live price area).
🔑 **Key 1‑Day (Daily) Support & Resistance Levels
(Based on recent intraday price action & pivot‑like daily zones)
🟥 Resistance Levels
1. Immediate Resistance: ₹370 – ₹372 daily zone (recent intraday high area).
2. Next Upside Resistance: ₹375 – ₹376 (swing resistance from recent action area).
3. Higher Resistance: ₹380 round psychological level.
🟩 Support Levels
1. Near‑term Support: ₹365 – ₹366 intraday support.
2. Secondary Support: ₹362 – ₹364 (recent volume/level cluster).
3. Major Support Zone: ₹359 – ₹360 territory.
📊 Daily Range Trading View (Short‑Term)
Typical Daily Fluctuation: ~ ±₹7 – ₹8 from close — i.e., ₹363 – ₹371 expected 1‑day swing range.
RAMCOCEM 1 Week Time Frame📌 Current Price (Approx)
~₹1,060 per share (latest trading range) — stock has been trading around this level recently.
📉 1-Week Key Levels (Support & Resistance)
🔹 Support Levels
Support 1: ~₹1,050 — short-term support zone.
Support 2: ~₹1,040–₹1,042 — secondary support.
Support 3: ~₹1,032–₹1,035 — deeper weekly support.
👉 If price closes below ₹1,040 on weekly basis, it may signal short-term weakness.
🔺 Resistance Levels
Resistance 1: ~₹1,068–₹1,070 — first near-term hurdle.
Resistance 2: ~₹1,077–₹1,078 — higher weekly resistance.
Resistance 3: ~₹1,087–₹1,093 — extended resistance zone.
👉 Break above ₹1,070–₹1,078 could open room toward ~₹1,087–₹1,093+ levels this week.
📊 Weekly Price Action Summary
Price has been trading near ~₹1,060 range, making this region a pivotal short-term level.
Short-term oscillators and technical ratings are mixed/neutral to mild buy.
Bullish bias this week if price stays above ₹1,050–₹1,055 and takes out ₹1,070+.
Bearish tilt if price closes below ₹1,040–₹1,050 on a weekly chart.
📍 Summary: 1-Week Levels
Level Type Price Zone
Major Support ₹1,050
Next Support ₹1,040–₹1,042
Lower Support ₹1,032–₹1,035
First Resistance ₹1,068–₹1,070
Higher Resistance ₹1,077–₹1,078
Extended Resistance ₹1,087–₹1,093+
BAJAJ-AUTO 1 Week Time Frame 📈 Current Price Context (Approx)
Bajaj Auto trading around ₹9,000–9,600 range recently (data from live quotes).
🔹 Weekly Resistance Levels
These are key upside levels where price may face selling pressure on a weekly chart:
1. ~₹9,650–₹9,700 — First major resistance zone
2. ~₹9,800–₹9,920 — Stronger resistance band
3. ~₹10,000+ — Higher breakout zone if trend continues up
(above this, momentum can accelerate)
Weekly resistance summary (approx):
R1 ~ ₹9,650
R2 ~ ₹9,800–9,920
R3 ~ ₹10,000+
🔻 Weekly Support Levels
These are key downside levels that might act as support in a correction on the weekly timeframe:
1. ~₹9,331–₹9,380 — Short-term weekly support
2. ~₹9,150–₹9,200 — Important weekly zone
3. ~₹9,000 — Psychological and minor weekly support
4. ~₹8,800–₹8,900 — Stronger lower support (break here could weaken trend)
Weekly support summary (approx):
S1 ~ ₹9,330
S2 ~ ₹9,150–₹9,200
S3 ~ ₹9,000
Lower support ~ ₹8,800–₹8,900
📊 Trend & Momentum Indicators
Weekly/daily technical indicators broadly show buy signals / positive trend structure (moving averages mostly below price) — suggesting upside continuation if major resistance zones are taken out.
ENTERO: Trendline Breakout From IPO Base, Chart of The WeekFrom IPO Euphoria to Reality Check: Is Entero Healthcare Finding Its Footing at ₹1,000? Last Week, it broke the Trendline after Taking Support on the IPO base. Let's Understand in "Chart of the Week"
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational 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.
Price Action Analysis:
Overall Trend Structure:
The stock exhibits a classic post-IPO distribution pattern that has transitioned into a prolonged corrective phase. After listing at premium levels, Entero Healthcare established an all-time high of around ₹1,584 in the early trading sessions. Since then, the stock has been in a consistent downtrend, forming a descending channel pattern characterised by lower highs and lower lows.
The current price action at ₹1,123 represents a potential inflexion point, with the stock attempting to reverse from its 52-week low of ₹944. This level has now been tested multiple times, suggesting it may be forming a demand zone.
Base Formation and Consolidation Zones:
A Critical IPO base zone around the ₹950-1,000 level represents the convergence of several technical factors:
- Initial Public Offering pricing memory
- Multiple tests of support over several weeks
- High volume accumulation zone
- Psychological round number support at ₹1,000
The stock spent considerable time between ₹1,100-1,300 during the mid-2025 period, forming what appears to be a distribution zone where early investors and IPO allocates likely exited positions.
Trendline Analysis:
A prominent downtrend line connects the series of lower highs from the peak at ₹1,584 down to current levels. This trendline has acted as dynamic resistance throughout the decline, with multiple failed breakout attempts. The angle of decline suggests aggressive selling pressure that has only recently started to moderate.
The recent price action shows the stock attempting to break above this multi-week downtrend line, which, if successful on sustained volume, could signal a trend reversal.
Current Price Structure:
Recent candlestick patterns show increasing buying pressure:
- Strong bullish candle with 17.95% gain, breaking above recent consolidation
- Price attempting to reclaim the ₹1,100-1,200 zone
- Reduction in selling pressure as evidenced by smaller-bodied bearish candles in recent sessions
Volume Spread Analysis:
Volume Profile:
The volume bar chart at the bottom reveals several critical insights:
Initial listing period showed extremely high volumes (approaching 3M shares), reflecting IPO excitement and allocation distribution. As the stock price declined, volume generally decreased, which is typical of a loss of interest and momentum.
Recent sessions have shown a notable pickup in volume, particularly:
- The current session is showing 2.17M shares traded
- This represents the highest weekly volume since the post-IPO period
- Volume spike coinciding with price bounce from the ₹944 low
Volume-Price Correlation:
The relationship between price and volume provides important context:
- Downtrend was accompanied by declining volume, suggesting weak conviction in the selling
- Recent bounce from ₹944 came with significant volume expansion, indicating institutional or informed buying
- The volume surge at support levels suggests accumulation rather than distribution
- Volume on up days is starting to exceed volume on down days, a positive divergence
Volume at Key Levels:
The IPO base around ₹1,000 has seen sustained high volume, creating a significant support zone. This volume cluster suggests that many participants have established positions at these levels and are likely to defend them.
Key Support and Resistance:
Major Support Levels:
Primary Support: ₹944 - This represents the 52-week low and has been tested multiple times. A breakdown below this level would be technically significant and likely trigger stop losses.
Secondary Support : ₹1,000 (IPO Base) - This psychological level and IPO reference point have provided support during multiple retests.
Tertiary Support: ₹1,100 - This level has acted as both support and resistance during the consolidation phase and represents a minor demand zone.
Major Resistance Levels:
Immediate Resistance: ₹1,200 - This level represents the recent consolidation zone ceiling and the lower boundary of the prior distribution range.
Primary Resistance: ₹1,300 - Strong resistance zone where the stock has repeatedly failed to sustain higher prices. This area coincides with multiple supply zones from earlier in the year.
Major Resistance: ₹1,400 - The upper boundary of the post-IPO distribution range. Breaking above this would negate the bearish structure.
Ultimate Resistance: ₹1,584 (All-Time High) - The peak was established shortly after IPO listing. A move to this level would represent a full recovery.
Downtrend Line Resistance:
The descending trendline connecting the highs currently intersects around the ₹1,150-1,200 zone. This dynamic resistance will need to be convincingly broken for the downtrend to be considered over. The current price action suggests this breakout may be in progress.
Major Technical Patterns:
Falling Wedge (Potential): In the most recent price action, there are early signs of a falling wedge pattern forming, characterised by converging trendlines as the stock makes lower lows with decreasing momentum. This is typically a bullish reversal pattern.
Double Bottom (Forming): The chart shows a potential double bottom pattern with lows around ₹944 separated by several weeks. This pattern would be confirmed on a break above ₹1,200 with volume.
Candlestick Patterns:
Recent price action displays several notable candlestick formations:
- Hammer candles at the ₹944 support level, indicating rejection of lower prices
- Doji candles during consolidation phases, showing indecision
- Today's strong bullish engulfing pattern suggests a momentum shift
- Decreasing size of bearish candles in the downtrend, showing exhaustion
Chart Pattern Implications:
The combination of these patterns suggests:
- Downtrend may be exhausting
- Support at ₹944 is holding firm
- Volume accumulation at lows indicates smart money positioning
- Breaking the downtrend line could trigger technical buying
- A confirmed reversal would target ₹1,300-1,400 initially
Fundamental and Sectoral Backdrop:
Company Overview:
NSE:ENTERO operates as a leading healthcare products distributor in India, ranking among the top three in the sector. Founded in 2018 by promoter Prabhat Agrawal, the company has rapidly scaled its operations through both organic growth and strategic acquisitions.
Business Model and Operations:
Core Business: Distribution and marketing of pharmaceutical and surgical products, including generic formulations, surgical consumables, medical devices, nutraceuticals, biosimilars, and hospital consumables.
Infrastructure: The company operates an extensive distribution network with 101 warehouses across 20 states, serving over 95,300 retail pharmacies and more than 3,600 hospitals.
Growth Strategy: Aggressive expansion through acquisitions. In FY2025 alone, the company acquired stakes in seven distribution entities, including 80% stakes in Avenir Lifecare and Gourav Medical Agencies, and the full acquisition of Suprabhat Pharmaceuticals and Devi Pharma Wellness.
Technology Edge: Utilises a proprietary technology platform for demand fulfilment and supply chain optimisation, positioning itself as a "Healthcare Supply Chain Solutions Specialist."
Financial Performance:
Revenue Growth: Demonstrated strong top-line growth with Q2 FY2025-26 showing 20.1% year-over-year growth and 11.8% quarter-on-quarter increase to ₹5,135 crores.
Market Capitalization: Currently around ₹4,888 crores
Profitability Journey: The company was loss-making from FY2021-2023 but turned profitable in FY2024. For the full year FY2025-2026, profit reached ₹107.43 crores, marking a significant turnaround.
Institutional Interest:
Recent institutional activity indicates growing confidence:
ICICI Prudential Mutual Fund acquired approximately 21.82 lakh shares at ₹950 per share in December 2025, signalling institutional confidence at current levels.
The acquisition was part of bulk deals, with a total transaction value of around ₹207.3 crores, showing significant institutional capital allocation.
This institutional buying coincides with the technical support zone, suggesting smart money accumulation at perceived value levels.
Sectoral Dynamics:
India's Healthcare Distribution Opportunity:
The Indian healthcare sector is experiencing transformative growth, valued at ₹31.87 lakh crores ($372 billion) in 2023 and projected to reach ₹54.67 lakh crores ($638 billion) by 2025, representing a 17.5-22.5% CAGR.
Healthcare spending is increasing from 3.3% of GDP to an expected 5% by 2030, driven by government initiatives, insurance penetration, and rising middle-class healthcare consumption.
Market Structure: The healthcare distribution sector in India remains highly fragmented, with consolidation opportunities. Entero's strategy of acquiring regional distributors aligns with this consolidation trend.
Growth Drivers:
- Expanding hospital infrastructure: Private hospitals adding 4,000+ beds with ₹11,500 crore investments in FY26
- Rising insurance penetration: Over 550 million Indians are now covered under health insurance schemes
- Tier 2 and Tier 3 city expansion: 55-60% of new hospital beds coming from secondary cities
- Ageing population: A Growing elderly demographic requiring chronic disease management
- Medical tourism: Expected to reach $14.31 billion by 2029
Competitive Positioning:
Strengths:
- Pan-India presence with an extensive warehousing network
- Authorised distributor for top pharmaceutical companies
- Strategic relationships with leading corporate hospital chains
- Technology-driven platform providing operational efficiency
- Aggressive growth through acquisitions in a fragmented market
Challenges:
- Capital-intensive business model requiring continuous working capital
- Thin margins are typical of distribution businesses
- Integration risk from multiple acquisitions
- Competition from established distributors and direct distribution by manufacturers
Credit Rating and Financial Health:
India Ratings affirmed Entero Healthcare's issuer rating at IND A-/Stable in December 2025, indicating adequate credit quality with a stable outlook.
Working Capital Intensive: A Significant portion of IPO proceeds (₹600 crores) is allocated for long-term working capital requirements, highlighting the capital-intensive nature of the business.
Strategic Outlook:
The company is well-positioned to benefit from several macro trends:
Healthcare Sector Consolidation: As the industry matures, organised distribution players like Entero will gain market share from fragmented local distributors.
Digital Health Integration: The digital health market is expected to grow at a 24.4% CAGR from 2025-2030, and Entero's technology platform positions it to capitalise on this trend.
Supply Chain Optimisation: Post-pandemic focus on resilient healthcare supply chains favours established distribution networks.
Rural Penetration: Government push for rural healthcare infrastructure creates distribution opportunities beyond metros.
Risk Factors:
Business Risks:
- High dependence on working capital financing
- Potential for inventory obsolescence in pharmaceutical distribution
- Regulatory changes in pharmaceutical pricing and distribution
- Competition from direct-to-pharmacy models by manufacturers
Financial Risks:
- Debt levels from acquisition financing
- Integration challenges from multiple acquisitions
- Margin pressure in a competitive distribution landscape
Key Metrics to Watch:
- EBITDA margin improvement from operational leverage
- Return on capital employed as brownfield expansions mature
- Working capital efficiency and cash conversion cycle
- Market share gains in key geographies
My 2 Cents:
Entero Healthcare is at a critical technical juncture, testing the boundaries of a months-long downtrend. The stock has established a strong support base around ₹944-1,000, coinciding with IPO pricing memories and significant institutional buying. Recent volume surge and price action suggest potential trend reversal, though confirmation requires a sustained break above ₹1,200.
The technical setup presents a balanced risk-reward for traders willing to use tight stops below ₹944, with initial upside targets of ₹1,300-1,400 if the reversal confirms.
From a fundamental perspective, Entero Healthcare operates in a structurally attractive sector with strong tailwinds. The company has demonstrated impressive revenue growth and recently achieved profitability. Its extensive distribution network and strategic acquisitions position it well for continued market share gains in a consolidating industry.
However, investors should note the capital-intensive nature of the business, integration risks from rapid acquisitions, and the need for sustained margin improvement to justify valuations.
The alignment of technical support with institutional buying at ₹950 levels and the strong sectoral backdrop creates an interesting setup. The stock appears to be transitioning from the IPO distribution phase to the potential accumulation phase. For position traders, the current levels offer an entry opportunity with defined risk below ₹944 and potential reward toward ₹1,300-1,400.
The key catalysts to watch include:
- Quarterly results demonstrating margin expansion
- Successful integration of recent acquisitions
- Sustained volume above ₹1,200 confirming trend reversal
- Further institutional accumulation
- Sector-wide tailwinds from healthcare spending growth
The convergence of technical base formation, institutional interest, and strong sectoral dynamics creates a compelling narrative, though investors should remain mindful of execution risks and maintain appropriate position sizing with stop losses.
Full Coverage on my Mid-Week Newsletter coming Wednesday.
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As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational 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.






















