Dr Reddys Lab cmp 1291.30 by Daily Chart viewDr Reddys Lab cmp 1291.30 by Daily Chart view
- Support Zone 1240 to 1265 Price Band
- Resistance Zone 1300 to 1335 Price Band
- Breakout from Falling Resistance Trendline
- Bullish Rising Price Channel with intermittent highs and lows
- Recent history repeating by Breakout from Falling Resistance Trendline
- *Will we see a repeat Bullish Rising Price Channel with intermittent highs and lows*
Chart Patterns
WABAG Price ActionVA Tech Wabag Limited (WABAG) is trading at approximately ₹1,523 as of today, showing a slight positive movement with prices fluctuating between ₹1,502 and ₹1,527. The stock has a market capitalization nearing ₹9,477 crore and is positioned within a yearly price range of ₹1,109 to ₹1,944.
The company demonstrates robust financial health with an earnings per share of about ₹48.5 and a price-to-earnings ratio near 31.4, reflecting reasonable valuations considering its sector and growth potential. The stock price is closely aligned with its 50-day and 200-day moving averages, indicating a steady trend with balanced momentum.
Trading volumes are moderate with consistent investor interest, supported by continued investments in water infrastructure solutions and sustainable technologies. Overall, the outlook for WABAG remains positive, backed by its stable financials, solid project pipeline, and positioning in the growing water management sector.
XAUUSD – Intraday Plan: Bullish Trend + Key Liquidity ZonesMarket Pulse:
The US jobs data (05/09) showed a slowdown in hiring. According to CME FedWatch, there is an 88% chance of a 0.25% Fed rate cut in September, and 12% for a 0.5% cut. Lower rates support gold as a non-yielding asset.
Gold has already gained 38% YTD, after rising 27% in 2024. A weaker USD, central bank buying (China added gold for the 10th month in a row in August), loose monetary policy, and global risks keep gold in a strong bullish trend.
👉 Market bias: Macro + liquidity flows favour BUY.
Technical View (M30):
Price stays in an up channel, making higher lows.
3616–3596 is the key support zone.
Liquidity SELL zones at 3653–3655 and 3675–3677 may give short intraday pullbacks before trend continues.
Execution Plan (Today):
🔵 BUY ZONE #1: 3618 – 3616
SL: 3610
TP: 3624 → 3630 → 3635 → 3640 → 3650 → 3660 → 3670+
🔵 BUY ZONE #2: 3598 – 3596
SL: 3590
TP: 3602 → 3606 → 3610 → 3615 → 3620 → 3630 → 3640 → 3650+
🔴 SELL ZONE #1: 3653 – 3655
SL: 3660
TP: 3648 → 3644 → 3640 → 3635 → 3630 → 3620
🔴 SELL ZONE #2: 3675 – 3677
SL: 3681
TP: 3670 → 3665 → 3660 → 3650 → 3640
Summary:
✅ Gold trend stays bullish – best setups are buying dips into liquidity zones.
⚡ Intraday scalps possible at SELL liquidity zones.
👉 Follow MMFLOW TRADING for daily precision setups.
The Power of Trendline Angles : My Full time trading ExperienceBreaking Down Three Critical Trendline Structures - A Complete Analysis
Structure 1: The Power of Steep Angles (Primary Focus)
The first structure showcases what I consider the gold standard of trendline breakouts. Notice how the trendline is significantly tilted/slanted rather than following a gradual 45-degree angle.
Compressed Energy Release: Steep trendlines act like coiled springs, storing tremendous buying/selling pressure that explodes upon breakout
Key Observation: The resistance level (marked as 'R') held price down multiple times before the decisive breakout. Once broken, this level immediately flipped to become strong support (marked as 'S')—a textbook example of polarity flip dynamics.
Structure 2 & 3: Valid but Secondary Setups
While structures 2 and 3 represent legitimate continuation-based trendline breakouts, they pale in comparison to the explosive potential of Structure 1. However, they still qualify as CT (Continuation Trend) based breakout structures and shouldn't be ignored entirely
Remember: Not every trendline break deserves your attention. Focus on steep angles, exceptional volume, and clear flip confirmations for the highest probability setups. The market rewards patience and precision over frequency.
Disclaimer: Trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results. Always conduct your own research, consider seeking advice from a qualified financial advisor, and trade only with capital you can afford to lose.
Adani Power (Daily Timeframe) - Bullish BreakOut or NotAdani Power has been in an uptrend since Nov 2024 & has formed a Triangle pattern. The past two days it has BrokenOut of the Triangle pattern with exceptionally huge volume indicating buyer interest. Short-term EMAs are in PCO state as well as the stock has breached two major resistance trendlines asserting Bullishness. A Golden Cross-over has formed since few days, indicating Bullishness
We may see levels of 749 if the momentum continues as well as a major resistance trendline is breached. It may go down to 583 levels if momentum is not sustained.
Keep monitoring the price-action !!
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup and Handle Breakout in PRECAM
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in FLUOROCHEM
BUY TODAY SELL TOMORROW for 5%
IOL CP (Daily Timeframe) - Has the Sideways Trend BrokenOut ??IOL CP in the past two sessions have BrokenOut of the sideways trend that it was in since Mar 2022. Several attempts in the past to BreakOut of this trend has failed as indicated. The past two days, the stock was able to BreakOut as well as maintain it with huge volume. Short-term EMAs are in PCO state as well as a Golden Cross-over has formed few days back indicating bullishness.
If upside momentum continues then we may see 156 levels provided few resistances are breached. The stock may see 82 levels if the momentum is not sustained.
Keep monitoring the price-action !!
“Gold Shines Bright | Bullish Momentum Targeting $3,700🔎 Technical Analysis – XAU/USD (1H Chart)
Trend: Strong bullish trend confirmed, with price making higher highs and higher lows.
Buy Zone: Around 3,590 – 3,600 USD, where buyers stepped in aggressively.
Short-Term Target 🎯: 3,650 – 3,700 USD (already highlighted on chart).
Key Support Levels:
3,561 USD (near-term support)
3,490 USD (major support, bullish structure invalidation if broken)
📌 Outlook: As long as price holds above the buy zone, momentum favors bulls with potential continuation toward 3,700+ USD.
🌍 Fundamental Drivers for Gold Bullishness ✨
Federal Reserve Rate Cuts Expectations 🏦⬇️ – If the Fed signals easing or holds a dovish stance, real yields fall → Gold strengthens.
Weakening US Dollar (DXY) 💵📉 – A softer dollar makes gold more attractive to global investors.
Geopolitical Risks 🌍⚠️ – Rising global tensions increase demand for safe-haven assets like gold.
Central Bank Demand 🏦🔒 – Many central banks are adding gold reserves to hedge against currency risks.
Inflation Hedge 📊🔥 – Gold remains attractive when inflationary pressures stay elevated.
Nifty Technical View 10.09.2024Disclosure :
I, Vinay Kumar Taparia, am a SEBI Registered Research Analyst.
Registration No. INH000018276
BSE Enlistment No. 6369
Research Analyst or his associates or his dependent family members may hold financial interest or actual/ beneficial ownership in the financial products/ securities advised herein.
Statutory Disclaimers:
“Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors”
Precision Camshafts (Daily Timeframe) - Momentum Or NotPrecision Camshafts is on a bullish rally since yesterday, gaining +39.29%. Key observations to note are that since the ATH in Dec 2024, the stock was in a downtrend which has reversed since Apr 2025, as the stock been forming Higher Lows. and a Triangle pattern is formed as shown. Since the past two sessions, the stock is able to BreakOut of the Triangle pattern as well as BreakOut of the Daily resistance trendlines with huge volumes, showing buyer interest.
On an upside, if the momentum continues, we may see the stock go to 290 levels. If the stock is unable to sustain the momentum and goes down, we may see 168 levels.
Price-action in the coming days will dictate how the stock goes forward. Keep monitoring !!
RAINBOW Price ActionRainbow Children's Medicare Ltd is trading around ₹1,482 as of September 9, 2025, with the stock showing steady strength after a strong year for both price and operational performance. Market capitalization stands near ₹15,000 crore, and the stock remains close to the upper bound of its yearly range, which spans a 52-week high of ₹1,710 and low of ₹1,206.
Annual revenue is reported above ₹1,500 crore, backed by robust patient flow and expansion of specialty pediatric healthcare services across India. Net profit for the latest twelve months is ₹258 crore, with a profit margin of 32%. Return on equity is nearly 17.4%, with the company maintaining high efficiency in capital utilization and asset management.
The price-to-earnings ratio stands around 58.5, indicating expectations for future earnings growth compared to the sector. Working capital requirements have dropped substantially, signaling improved operational discipline. Promoter holding remains strong, and dividend yield is modest at 0.2%. Technical indicators reflect continued uptrend and strong support at current levels, with momentum and volume both favoring positive sentiment.
Rainbow's healthy financials, steady expansion, and strong management outlook point toward sustained performance, with upside potential driven by sector growth and ongoing geographic expansion.
Stock Market Analysis & Investment Idea – TIINDIA✅ Analysis Overview:
We have analyzed the TIINDIA stock chart on the 1-day time frame and observed the following key points:
* A strong consolidation pattern has been forming since April 24th till October.
* Recently, larger bullish candles have started to appear, indicating a buildup of momentum.
* The previous closing price is above the 200 EMA, which is a bullish signal.
* Probability of a bullish breakout is very high.
🚀 Investment Idea:
Entry Price: ₹3151.50 (Current Market Price)
Stop Loss (SL): ₹2763 (on closing basis)
🎯 Targets:
1. First Target → ₹3362.85
2. Second Target → ₹3828.90
3. Third Target → ₹4439.00
4. Fourth Target → ₹4809.00
⚡ Risk-Reward: 1:4
👉 Disclaimer: This is purely based on technical analysis and not financial advice. Investors should do their own research and invest responsibly.
GRMOVER Price ActionGRM Overseas Ltd is trading around ₹366 as of September 9, 2025, following a mild intraday uptrend after opening at ₹362 and reaching a high of ₹366.95. The market capitalization is close to ₹2,200 crore, with the share price well supported in the upper range of its yearly performance, having moved from a 52-week low of ₹175.90 to a high of ₹397.65.
The company’s core business in branded and non-branded basmati rice exports and domestic sales has delivered robust annual revenues of over ₹1,300 crore. Profitability metrics remain stable, with a price-to-earnings ratio of 35.5, slightly higher than the sector average, reflecting market optimism for growth. Operational leverage is evident from the healthy asset turnover ratio above 2, while debt levels remain negligible, supporting a strong balance sheet.
Shareholding patterns show promoter ownership at 70.8%, foreign institution participation rising over recent quarters, and retail holding close to 27%. Trading volumes and delivery percentages indicate active investor interest. Despite somewhat muted profit growth, GRM Overseas continues to invest in capacity and product expansion, positioning itself for steady sectoral growth. Technical indicators suggest support near current levels; however, volatility remains possible in the event of broader market swings.
ASHAPURMIN Price ActionAshapura Minechem’s share price as of August 31, 2025, is trading near ₹514, continuing a strong uptrend that has seen a remarkable rise of nearly 49% in the past six months. The stock has moved from a 52-week low around ₹200 to a high of ₹587, driven by exceptional financial results and robust business momentum in both domestic mineral solutions and bauxite exports from Guinea.
Recently reported quarterly results show income from operations of over ₹1,355 crore and profit before tax of about ₹132 crore, up more than 100% year-on-year. Net profit and earnings per share have also seen healthy growth, and the company’s operating profit to interest ratio has hit a five-quarter high, indicating improved ability to manage debt. The debt-equity ratio is now under one, further signaling financial stability.
Valuation remains attractive with a price-to-earnings ratio of approximately 14 and a price-to-book ratio of just 0.25, suggesting there could be further room for appreciation if growth sustains. Technical signals remain bullish as the stock continues to trade above major moving averages, with strong volume supporting recent price action. Overall, Ashapura Minechem combines solid fundamentals and a positive growth outlook, appealing to investors looking for small-cap mineral sector exposure.
Bullish Reversal Breakout in VIKRAN This daily chart of VIKRAN highlights a strong bullish reversal following a consolidation near support levels. After forming a base around ₹92, the price surged above resistance, confirming a shift in trend momentum. The marked candlesticks and breakout zone suggest potential for further upside continuation as buying strength emerges.
RAMCO INDUSTRIES NEAR MULTIYEAR BREAKOUTThe stock has not been able to breach the crucial resistance of 322 since 1999, pretty strange.
but now the the stock ha rallied past that level with good momentum enforcing further trust in the stock
The stock is also trading below it's book value of 488 again a pretty strange yet interesting opportunity.
It is Part of the Chennai-based Ramco Group;
Ramco Industries Ltd. is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). Company is also engaged in the spinning of cotton yarn; sale of surplus electricity generated from its windmills and computer software.
The company operates through 10 manufacturing plants for Building Products with a combined production capacity of 10,00,000 TPA
The company's profits and sales have also skyrocketed
Adaniports - Breaking the resistancePrice is taking the trend line support and moving up. Now it is testing the resistance at the 1380 zone. Sustaining above this is important, as the daily chart shows resistance at 1380.
Buy above 1380 with the stop loss of 1364 for the targets 1394, 1410, 1426, and 1448.
Always do your analysis before taking any trade.
Bluestone IPO Breakout and Price Action This chart analysis for Bluestone visualizes a bullish IPO breakout above resistance, confirmed by a rounded bottom base pattern and strong candle momentum. The highlighted reference marker identifies a crucial price level for monitoring future action, supporting technical study and trading decisions. Visual annotations emphasize breakout confirmation and the significance of post-breakout levels for trend continuation monitoring.
JSW Infra cmp 312 by Weekly Chart view since listedJSW Infra cmp 312 by Weekly Chart view since listed
- Support Zone 285 to 300 Price Band
- Resistance Zone 318 to 333 Price Band
- Bullish Rounding Bottoms repeated under the Resistance Zone neckline
- Stock making Higher High Lower High pattern within up-trending price channel momentum
- Stock traversing within Rising Support + Price Channel and attempting Falling Resistance + Price Channel Breakout
Nifty 50 – Key Levels📊 Nifty 50 – Key Levels
🔹 Support Zones:
24,334 → Strong support (recent swing low, multiple touches)
Minor support around 24,700 – 24,730 (short-term base)
🔹 Resistance Zones:
25,017 – 25,261 → Immediate resistance zone
25,073 – 25,100 (higher band, last rejection point)
📌 Observation
Nifty फिलहाल range bound है → नीचे 24,334 support और ऊपर 25,261–25,073 resistance zone के बीच।
जब तक इस रेंज को नहीं तोड़ेगा, तब तक sideways movement की संभावना है।
Breakout/Breakdown के बाद ही बड़ा directional move आएगा।
NSDL Breakout from Symmetrical Triangle – Possible Upside MoveThe chart shows the stock price of National Securities Depository Limited (NSDL) listed on BSE. A symmetrical triangle pattern has formed over the past few sessions, with converging trendlines indicating consolidation. Today, the stock has broken above the upper trendline on higher volume, signaling a potential bullish breakout.
Key Observations:
Price has moved above the resistance trendline of the symmetrical triangle.
Volume is increasing, which confirms buying interest.
RSI is above 70, indicating strong momentum, though it may also suggest overbought conditions.
The next resistance level is near ₹1,425.
This breakout suggests a bullish move in the near term, but traders should monitor for confirmation and manage risk.
ANALYSIS BY MAYUR JAYANT TAKALIKAR -- FOR LEARNING & OBSERVATIONAL USE ONLY.
⚠ Disclaimer:
I am not SEBI registered and this is not financial advice. This is purely an educational analysis based on chart patterns. Please consult a qualified financial advisor before making any investment decisions.