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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. Keep in the Watchlist and DOYR. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. 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.
NSE:ENTEROLong
by Karanshah137
10
IREDA – Neo Wave Time-Based Impulse SetupThe prior impulse completed in approximately 155 bars, followed by a corrective phase that has already consumed around 367 bars, resulting in a time ratio of about 2.36, which confirms a complex correction under Neo Wave time rules rather than a trend reversal. The corrective structure is interpreted as a W–X–Y–X–Z combination, supported by overlapping price action, contracting volatility, and declining momentum. Two corrective trendlines are drawn to control directional bias: trendline 1 marks the broader corrective resistance, and trendline 2 represents the internal corrective structure. A new impulse will be considered valid only after price decisively breaks and closes above trendline 2, which would confirm the start of impulse wave 1. No entry is planned on the breakout itself; the focus is on waiting for a corrective pullback that holds above 50 percent of the last X-wave, qualifying this retracement as corrective wave 2. A long entry will be considered only after wave 2 is complete and price breaks the internal pullback structure, signaling the beginning of impulse wave 3. Any failure to break trendline 2, or any move back below 50 percent of wave X, keeps the structure corrective and invalidates the bullish impulse scenario. This setup is based on Neo Wave time exhaustion and structural confirmation, with the objective of participating in wave 3 rather than predicting the market bottom.
NSE:IREDALong
by krusaabhrajput
3
IIFL Capital (W): Aggressive Bullish (Re-rating Breakout)Timeframe: Weekly | Scale: Logarithmic The stock has confirmed a major breakout from an 8-month consolidation pattern. This move is not just a technical fluctuation; it represents a structural "Re-rating" of the business following its pivot from pure broking to broader capital services. 🚀 1. The Fundamental Catalyst (The "Why") The surge is driven by a convergence of business transformation and sector strength: > Strategic Rebranding: The name change to "Capital Services" signals a shift towards high-margin Wealth Management and Distribution. The market is finally pricing in this higher valuation multiple, which explains the sudden volume spike. > Sector Tailwind: The entire capital market ecosystem (BSE, CDSL, Angel One) has been rallying in Dec 2025/Jan 2026 due to renewed retail participation, providing a "Sectoral Lift" to the stock. 📈 2. The Chart Structure (The Box Breakout) > The Setup: A Rectangular Pattern (Sideways Trend) that trapped the stock between May 2025 and last week. > Resistance: The confluence of the Angular Resistance (from the Oct 2024 ATH) and the Horizontal Box Top was a formidable barrier. > The Breakout: This week’s surge of 16.17% is a decisive "Marubozu-style" candle . It smashed through both resistance layers in a single move, confirming that the correction from Apr 2025 is officially over. 📊 3. Volume & Indicators > Volume Ignition: The 9.61 Million weekly volume is an "Institutional Stamp." Such high volume after a quiet consolidation indicates that large funds are entering to ride the new leg up. > Momentum: - RSI: Rising in Monthly & Weekly timeframes confirms that momentum is synchronized with price. - EMAs: The Positive Crossover confirms the trend has shifted from "Sideways" to "Markup." 🎯 4. Future Scenarios & Key Levels The stock is now in a "Markup Phase" heading toward its previous peaks. > 🐂 Bullish Targets (The Recovery): - Target 1: 425. This is a major structural hurdle. - Target 2: 449 (ATH) . Once 425 is cleared, the path to the All-Time High of 448.95 (Oct 2024) is technically open. > 🛡️ Support (The "Must Hold"): - Immediate Support: 352 . This is the breakout zone. The "Polarity Principle" dictates that this previous ceiling must now act as a floor. - Stop Loss: A weekly close below 340 would imply the breakout was a "Bull Trap" and invalidation of the setup. Conclusion This is a Grade A Setup . > Confirmation: The combination of High Volume + Pattern Breakout + Fundamental Rebranding makes this a high-probability trade. > Strategy: Use dips to the 352-360 zone to enter/add, targeting 425 and eventually the ATH of 449 .
NSE:IIFLCAPSLong
by Learn_with_Pth0mas
RVNL Can Give 20–30% Upside Move🚀 One Stock That Can Give 20–30% Upside Move Stock: RVNL Limited 🚆 - NSE:RVNL 🔥 Why This Stock Is On The Radar • Railways capex cycle remains strong with execution visibility • Order inflow momentum continues to support earnings outlook • PSU rail stocks remain leadership names in the current market This Is Not A Fresh Breakout. This Is A Re-accumulation Setup At Higher Levels. 📊 What The Chart Is Showing • Strong rally already played out earlier • Price has shifted into time correction, not price correction • No major breakdown despite volatility That Is The Key Observation. 📈 Current Price Behaviour • Price consolidating around the 355–370 zone • Candles overlapping tightly • Volatility compression visible • Higher lows still intact Price Is Holding Strength. It Is Not Distributing. ⏳ Why A 20–30% Move Is Possible • Rail stocks typically move in momentum legs • Supply has been absorbed during consolidation • Breakout from a tight range can be swift 🎯 Trade Idea Framework • Entry: Sustained hold above 372 • Stop-Loss: Below 345 • Targets: – Target 1: 430 – Target 2: 480 👀 Confirmation Rule • After breakout, price should not fall back below 365 • Volume should expand on the breakout Back Below The Range = No Trade. Hold Above The Range = Momentum Active. 🧠 Final Line Strong Moves Often Resume After Quiet Consolidation. RVNL Is Currently In That Phase. That Is The Edge.
NSE:RVNLLong
by Trendxinc
XAUUSD (D1) – Elliott ABC pattern activeLana sells the pullback, waits to buy at major liquidity 💛 Quick summary Timeframe: Daily (D1) Elliott view: Price is likely developing an ABC corrective structure after a strong rally Strategy: Sell the B-wave pullback into supply, buy only when price returns to strong liquidity Context: Precious metals started 2026 strong, but short-term volatility and re-accumulation swings are still expected Fundamental backdrop (supports the bigger trend) Gold and silver opened 2026 with strong momentum, extending the best run since the late 1970s. Goldman Sachs remains bullish on precious metals and continues to highlight an aggressive long-term target (around $4,900 for gold). Lana’s key point: the long-term bull cycle can remain intact, but the market still needs healthy corrections to reset liquidity and build new structure. Technical view (D1) – Elliott ABC structure On the Daily chart, after the powerful top, gold dropped sharply, forming a clean Wave A. The current structure suggests: Wave B: a corrective rebound into resistance/supply Wave C: a potential move back down into liquidity zones before the next major direction is confirmed This ABC lens helps avoid getting trapped when the news looks bullish, but price is still in a corrective phase. Key levels from the chart 1) Sell zone (B-wave supply) Sell: 4435 – 4440 This zone aligns with marked resistance and a Fibonacci pullback cluster (0.236 / 0.382). If price retraces here and shows rejection, it’s a strong area to look for B-wave selling pressure. 2) Buy zone (major liquidity – potential C-wave completion) Buy Liquidity: 4196 – 4200 This is the strongest liquidity area on the chart. If Wave C plays out, Lana will look for buying opportunities here with clearer risk control. 3) Deeper accumulation liquidity Accumulate liquidity: the lower accumulation area highlighted on the chart If the market sweeps deeper than expected, this is the region where longer-term buyers may step in. Trading plan (Lana’s approach) Primary idea: Sell rallies into 4435–4440 if price shows weakness (B-wave rejection). Primary buy plan: Wait for price to revisit 4196–4200 and confirm support (liquidity absorption). If price breaks and holds above the sell zone, Lana stops selling and waits for a new structure to form. Note on early-year behavior The first weeks of the year often bring “messy” moves as liquidity returns and positioning resets. Lana will only trade at planned zones and avoid entries in the middle of the range. This is Lana’s personal market view and not financial advice.
OANDA:XAUUSDShort
by Lana_M2
2
Pop up and Boom BoomHello friends, we are going to see 2008 style crash in market due various financial or geopolitical issues like bankruptcy, war etc.. reason I don't know, but gold/silver/copper is showing something wrong going to happen soon.. followed by 1929-31 style bear market in coming years,, so for short term Nifty may gapup rise upto 26777 or 27222 by monday or tuesday with some AI news or positive treasury related news for India i.e next week 5-6th January.. from there a 2008 type flash crash to happen between 11-16th January 2026.. hedge yourself or book profits and one must stay really cautious of financial markets.. Disclaimer *this is my reading on various chart patterns and Elliot wave counts. Don't trade on this just it is for educational purpose only..
NSE:NIFTYShort
by VishalSancheti
1
JSWCEMENT | A reversal finally?DISCLAIMER: This idea is NOT a trade recommendation but only my observation. Please take your trades based on your own analysis. Points to note: ----------------- 1. A downtrend dominant in the stock since it listed on the market 2. A Solid base formation with breakout of the neckline seen. (A cup and handle is generally a continuation pattern, but its just a name. So focus more on the rounding base rather the label.) 3. The target is the same as the pattern height Following trade: Entry - CMP, SL- 114, Tgts - 136
NSE:JSWCEMENTLong
by Divergent_trader
1
Part 6 Learn Institutional Trading Which Strategy to Use When? Below is a quick guide: Market View Best Strategies Highly bullish Ratio backspread, bull call, synthetic long Moderately bullish Bull call/put spread, covered call, diagonal spread Bearish Bear put spread, ratio put backspread, synthetic short Sideways Iron condor, butterfly, calendar spread High volatility expected Long straddle, long strangle, ratio spreads Low volatility expected Short straddle, short strangle, iron butterfly
NSE:TCSEducation
by SkyTradingZone
BNB Price Forecast 2026 | Is $10K/BNB Possible? | Analysis By CPBNB has shown strong price action recently. After bouncing from the $500 support zone, price moved higher, broke the previous all-time high, and successfully cleared the $700 resistance, which is now acting as a strong support area. Currently, BNB is consolidating around the $800 level, suggesting the market is digesting the recent move. Technical Overview Multi-year ascending trendline: Still intact, indicating long-term bullish structure. Major support zone: $500–$800 This range has acted as an accumulation area during previous pullbacks. Current structure: Sideways consolidation near $800 after a strong breakout. Possible Scenarios Bullish continuation: If BNB holds above $800 and breaks higher with volume, continuation toward higher levels is possible. Pullback scenario: If price drops below $800, a retest of $700–$500 could occur. Historically, this zone has provided strong demand and may attract long-term buyers. Long-Term Perspective (Cycle-Based) Bull market target (speculative): Around $3,000 Macro cycle projections (high risk & speculative): $10,000–$20,000 These levels are not predictions, but potential zones based on historical cycles, trend strength, and broader market conditions. Key Takeaway The overall structure remains bullish as long as price stays above major support levels. Consolidations and pullbacks within an uptrend are normal and often help reset the market before the next move. This is an educational analysis only. Not financial advice. Always manage risk and do your own research (DYOR).
BINANCE:BNBUSDLong
by CryptoPatel
Part 4 Learn Institutional Trading Advanced Adjustments & Risk Management For professional traders, the real skill is not just entering but managing the trade. 1. Rolling Move strikes up/down Shift expiry Improve risk-to-reward 2. Delta Hedging Neutralise directional risk by adjusting: Futures Opposite options 3. Volatility Adjustments Changes in IV (implied volatility) affect: Straddles Strangles Calendar spreads Iron condors Understanding how volatility affects P&L is essential.
Education
by SkyTradingZone
CAMS Story Repeating?Hello Traders, CAMS has now formed similar chart pattern what it had form earlier on 1W Timeframe. Pattern 1: We saw a good retractment after rally in 2022. 0.38 was the fibo resistance in this time. It went in consolidation till Aug 2023, when it finally started showing upmove. During this time, we can also see that Money Flow Index had show breakout but didn't sustained. However, the rally was continued. Pattern 2: After making All Time High in late 2024, it retraced and went sideways. And had retraced back till 0.50 fibo level, stronger pull back than the earlier(Pattern 1) pull back which was 0.38. Later it went sideways just like Pattern 1. Now recently we have seen same MFI pattern of breakout and same like Pattern 1, i.e not sustaining, and not sustaining. We haven't seen the price wise breakout yet in the stock. However, there are two more common things here, the belt-hold candles formations in both the pattern 1 and 2. And the rise and decline in volume. I will be keeping close eye on this stock. Looks like it may show upmove just like pattern 1. Note: This post is for information purpose only. Don't consider this as trading or investment recommendation or tip.
NSE:CAMS
by AkshayAdak
TORNTPOWER | Symmetrical Triangle — Range Compression at Supply💹 Torrent Power Limited (NSE: TORNTPOWER) Sector: Power | CMP: 1399.40 View: Symmetrical Triangle — Range Compression at Major Supply Chart Pattern: Symmetrical Triangle Candlestick Pattern: Strong Bullish Marubozu Torrent Power Limited (NSE: TORNTPOWER) is showing early signs of a structural shift after spending several months in a descending price framework marked by lower highs and a gradually rising base. The stock respected a falling resistance trendline while forming higher lows, creating a classic compression phase where supply was getting absorbed quietly. The latest session produced a strong expansion candle from the trendline with visible volume participation, suggesting demand is attempting to take control after a prolonged consolidation. Immediate supports are placed near 1346, followed by 1293 and 1263, while overhead resistances stand at 1429, 1459, and 1512, with a major historical supply zone around 1680–1720. From an STWP perspective, momentum is transitioning from distribution to early accumulation; as long as price holds above the 1345–1360 zone, pullbacks are likely to find buyers, while sustained acceptance above 1460 could open the path toward higher resistance levels. Overall, the trend remains neutral but improving, momentum is in early expansion mode, volume is supportive, and risk stays moderate near overhead supply — making this a stock to observe for follow-through rather than chase. Torrent Power Limited (NSE: TORNTPOWER) has delivered a high-impact bullish session, marked by a clear Bullish Marubozu candle accompanied by exceptionally strong volume, signalling decisive buyer dominance and visible institutional participation. The move is technically significant as it aligns with a 20-EMA crossover, RSI breakout into the strong trend zone (above 70), and a Bollinger Band expansion after prolonged compression, indicating a volatility-led expansion phase. Momentum indicators support the strength — MACD has turned firmly positive with a rising histogram, ROC shows strong positive acceleration, and relative strength versus NIFTY confirms outperformance and emerging leadership behaviour. However, oscillators such as Stochastic and CCI are in extreme overbought territory, suggesting short-term exhaustion risk even as broader momentum remains intact. Volume data further strengthens the case, with a 20-day volume breakout nearly 5x the average, highlighting aggressive accumulation rather than speculative participation. From an STWP perspective, the setup reflects strong momentum within a still-neutral higher-timeframe trend, implying that while immediate upside energy is powerful, price may require consolidation or follow-through confirmation before sustaining higher levels. Overall, momentum is strong, volume is very high, trend transition is underway, and risk remains elevated in the near term — making this a classic institutional expansion move worth tracking, not chasing. STWP Trade Analysis – Torrent Power Limited: The current price interaction zone is observed around 1399–1407, which marks the immediate structure-acceptance area following a strong expansion candle backed by exceptional volume. Within the STWP HNI framework, the primary observation band lies between 1399.40 and 1407.00, with a key structural risk reference near 1383.50, below which momentum acceptance would weaken. A deeper structure-based invalidation level is mapped around 1360–1365, representing the lower end of the recent accumulation base and serving as a broader risk boundary. An alternate low-risk observation pocket exists closer to 1290–1270, aligned with the prior consolidation floor and trend-support reference, while higher observation zones are identified near 1447 and 1479, where price behaviour should be evaluated for continuation, absorption, or supply emergence. All mentioned levels are strictly price-behaviour checkpoints used to assess strength, acceptance, or rejection within the evolving structure and are shared purely for educational and analytical purposes, not as entries, exits, or profit objectives. From a derivatives perspective, positioning in Torrent Power Limited remains bullish but institutionally disciplined, with activity tightly concentrated around the near-ATM 1400 zone, which is acting as the primary liquidity and control pivot. This clustering indicates efficient directional expression rather than momentum chasing. The structure is characterised by a clear long build-up in near-ATM calls, supported by elements of ITM call short covering at lower strikes, explaining the sharp price expansion while also implying that sustained continuation will rely on fresh long additions once covering activity stabilises. Encouragingly, selective long build-up is now visible at higher strikes, adding depth and credibility to the bullish derivative structure rather than leaving it top-heavy. Volatility remains constructive, with implied volatility sitting in a healthy mid band and expanding gradually alongside price, which supports directional option frameworks while keeping time-decay risk relevant and manageable. On the put side, short build-up at lower strikes is reinforcing a defined support base beneath spot, while long unwinding in deeper puts suggests easing downside hedging demand rather than rising risk aversion — a combination that aligns with controlled bullish continuation rather than speculative excess. STWP Demand–Supply Zone Map – Torrent Power Limited (TORNTPOWER): On the intraday timeframe, multiple layered demand pockets are visible, indicating stepwise buyer absorption rather than a single reaction low. The immediate intraday demand zone lies between 1348–1337.80, followed by deeper support clusters at 1324.70–1320.80, 1307–1305.90, and 1279.50–1275.80, each representing prior acceptance areas where price previously attracted responsive demand. From a swing perspective, demand is broader and more structural, with key zones mapped at 1330–1319.80, 1312.10–1297.90, and 1310.60–1303.70, highlighting the larger accumulation band that underpins the current uptrend. On the higher timeframe, no fresh daily demand zones are currently active, while a clearly defined daily supply zone between 1525 and 1586.20 stands out as a major overhead distribution area where price behaviour should be carefully evaluated for acceptance or rejection. Collectively, these zones act purely as price-behaviour reference areas to assess strength, pullback quality, and supply response within the prevailing structure, and are shared strictly for educational and analytical purposes only. Final Outlook: Momentum: Strong | Trend: Up | Risk: High | Volume: High ⚠️ STWP Educational & Legal Disclaimer This content is shared strictly for educational and informational purposes only. All discussions, illustrations, charts, price zones, and options structures are meant to explain market behaviour and do not constitute any buy, sell, or hold recommendation. STWP does not provide investment advice, trading calls, tips, or personalized financial guidance, and is not a SEBI-registered intermediary or research analyst. The analysis is based on publicly available market data and observed price–derivatives behaviour, which is dynamic in nature and may change without notice. Financial markets involve inherent risk, and derivatives carry elevated risk, including the potential for significant capital loss. Factors such as option premiums, implied volatility, open interest, delta, and other Greeks can shift rapidly and unpredictably. All trading and investment decisions, including position sizing and risk management, are solely the responsibility of the reader. Always consult a SEBI-registered investment advisor before taking any financial action. STWP, its associates, or affiliates shall not be liable for any direct or indirect loss arising from the use of this material. Past patterns, structures, or historical behaviour must never be treated as guarantees of future outcomes. Position Status: No active position in this instrument at the time of analysis Data Source: TradingView & NSE India 💬 Did this add value? 🔼 Boost to support structured learning ✍️ Share your views or questions in the comments 🔁 Forward to traders who value disciplined analysis 👉 Follow for clean, probability-driven STWP insights 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:TORNTPOWERLong
by simpletradewithpatience
Nifty spot 26328.55 by Daily Chart view - Weekly UpdateNifty spot 26328.55 by Daily Chart view - Weekly Update _*Nifty created a New Lifetime High Milestone 26340 on 02-Jan-2026*_ - Support Zone 25915 to 26185 for Nifty - Resistance only at ATH 26340 for Nifty and each New ATH - Volumes trending above avg traded quantity but with selling pressure - Bullish Rising W formed by the neckline at previous ATH and New ATH level - Hope to see further higher levels for the Nifty Index through the New Year 2026
NSE:NIFTY
by PIYUSHCHAVDA