Power Finance Corp cmp 411.15 by the Weekly Chart viewPower Finance Corp cmp 411.15 by the Weekly Chart view
- Support Zone 380 to 400 Price Band
- Resistance Zone 440 to 460 Price Band
- Price traversing within Descending Triangle pattern after ATH
- Rising Support Trendline well respected by touch points since close to 2 years
- Price seen majorly trending inside Darvas Box since Mar 2025 in a range of 380 to 440
- Volumes in close sync with avg traded qty on Daily Chart and in steady stream by Weekly Chart
Chartpatternanalysis
Fineotex Chemical cmp 249.98 by the Weekly Chart viewFineotex Chemical cmp 249.98 by the Weekly Chart view
- Support Zone 210 to 234 Price Band
- Resistance Zone 271 to 295 Price Band
- Stock Price testing retest Support Zone over past few weeks
- Bullish Rounding Bottom repeated by the Support Zone foundation
- Huge Volumes surge observed over last week by demand based buying
- Falling Resistance Trendline Breakout plus Rising Support Trendline trending upside
Dam Capital Advisors cmp 243.50 by Daily Chart view since listedDam Capital Advisors cmp 243.50 by Daily Chart view since listed
- Support Zone 222 to 234 Price Band
- Resistance Zone 264 to 275 Price Band
- Volumes are flattish below avg traded quantity, need to improve
- Support Zone test retest should be expected before fresh upside
- 1st Falling Resistance Trendline Breakout seems well sustained for now
- 2nd Falling Resistance Trendline Breakout might be seen happening in short term
- Rising Support Trendline well respected, gradually trending upwards since ATL 195.55 price level
Bank Nifty spot 54389.35 by Daily Chart view - Weekly updateBank Nifty spot 54389.35 by Daily Chart view - Weekly update
- Minor Gap Down of Friday would need closure
- Resistance Zone 55125 to 55775 for Bank Nifty
- Bearish Rounding Top has made again at Support Zone neckline
- Rising Support Channel thou standing positive may break by weakness
- Support Zone 53775 to 54450 may get tested for Bank Nifty by ongoing weakness
- Resistance Zone seems holding ground and the Bank Nifty will need time to make a breakout
Sunflag Iron cmp 268.50 by Weekly Chart viewSunflag Iron cmp 268.50 by Weekly Chart view
- Support Zone 242 to 262 Price Band
- Resistance Zone 282 to 302 Price Band then ATH 322
- Bullish momentum indicated by Rising Parallel Price Channel
- Volumes are seen getting in close sync with average traded quantity
India Glycols cmp 873 by Daily Chart viewIndia Glycols cmp 873 by Daily Chart view
- Support Zone 805 to 830 Price Band
- Resistance Zone 890 to 915 Price Band
- Volumes surge based Symmetrical Triangle Breakout seen in progress
- Volumes in close sync with the average traded quantity over past few days
- Multiple Bullish Rounding Bottoms made around Support Zone for probable breakout
- Resistance Zone playing strongly since mid of July 2025 basis repeated price rise rejection
Bharat Forge cmp 1272.70 seen by Weekly Chart viewBharat Forge cmp 1272.70 seen by Weekly Chart view
- Support Zone 1185 to 1225 Price Band
- Resistance Zone 1315 to 1355 Price Band
- Bullish "W" Double Bottom formed below Support Zone
- Falling Resistance Trendline Breakout sustained on Daily Chart
- Volumes seen improving and spiking above average traded quantity
- Support Zone tested retested on Daily Chart, earlier been Resistance Zone
Bank Nifty spot 55458.85 by Daily Chart view - Weekly updateBank Nifty spot 55458.85 by Daily Chart view - Weekly update
- Minor Gap Down of Tuesday 26th Aug got closure
- Resistance Zone 54975 to 55575 for Bank Nifty Index
- Updated Support Zone 53775 to 54450 for Bank Nifty
- Rising Support Channel seems back in positive action mode
- Resistance Zone seems holding ground and Bank Nifty yet to make a breakout from here
IDBI Bank cmp 92.50 by Monthly Chart view since it got listedIDBI Bank cmp 92.50 by Monthly Chart view since it got listed
- Support Zone 66 to 82 Price Band
- Resistance Zone 105 to 120 Price Band
- Bullish Cup and Handle done indicative of good upside probability
- Resistance Zone acting strongly hence Price move getting rejected since October 2011
- Breakout above Resistance Zone needs heavy traded Volumes increase and needs to sustain above it for few days to foresee and anticipate fresh upside 🤞🏽🤞🏽🤞🏽🤞🏽
Nifty 50 spot 25114 by Daily Chart view - Weekly UpdateNifty 50 spot 25114 by Daily Chart view - Weekly Update
- Rising Support Channel seems back in positive action mode
- Resistance Zone 24900 to 25150 of Nifty Index Breakout attempted
- Falling Resistance Trendline in place but Resistance Channel Breakout attempted
- Bearish Rounding Top pattern by the Resistance zone neckline to see breakout over the next week
- Bullish "W" with Double Bottom formed below Support Zone, seems instrumental for uptrend momentum
- Support Zone seen at 24450 to 24700 of Nifty Index gained strength by the weekly closure above the 25000 index level
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*
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
Swiggy cmp 439.05 by Daily Chart since listedSwiggy cmp 439.05 by Daily Chart since listed
- Support Zone 385 to 415 Price Band
- Resistance Zone 440 to 465 Price Band
- Rising Support Trendline well respected by Price momentum
- Bullish Cup and Handle followed by small Rounding Bottoms or a closely considerate VCP pattern
- Falling Resistance Trendline Breakout attempted with older Resistance Trendlines Breakout well sustained
- Volumes are spiking heavily at intermittent intervals and staying in close sync with the average traded quantity
Nifty 50 spot 24741 by Daily Chart view - Weekly updateNifty 50 spot 24741 by Daily Chart view - Weekly update
- Resistance Zone 24900 to 25150 of Nifty Index
- Rising Support Channel is yet acting as a resistance
- Support Zone now earlier was the Resistance Zone at 24450 to 24700 level
- Breakdown from Falling Resistance Trendline and Channel has strongly sustained
- Bearish Rounding Top pattern by Resistance zone neckline active, with index closure below it
Procter & Gamble cmp 13605 by Monthly Chart viewProcter & Gamble cmp 13605 by Monthly Chart view
- Support Zone 12000 to 13100 Price Band
- Resistance Zone 14500 to 15375 Price Band
- Support Zone is under testing retesting phase by Weekly Chart view
- Subject to the Resistance Zone Breakout, one my anticipate for ATH 19250 as 1st target and then sky is the limit.
Dabur cmp 544.60 by Weekly Chart viewDabur cmp 544.60 by Weekly Chart view
- Support Zone 494 to 516 Price Band
- Resistance Zone 494 to 516 Price Band
- Breakout probable basis ongoing Support Zone test retest
- Closely considerate Bullish Head & Shoulders with Resistance Zone neckline
- Volumes are seen spiking well above average traded quantity over the past few weeks
- Favorably trending Technical Indicator signals shown by BB, EMA, MACD, RSI, SuperTrend
Danish Power cmp 913 by Daily Chart view since listedDanish Power cmp 913 by Daily Chart view since listed
- Support Zone 845 to 890 Price Band
- Resistance Zone 970 to 1010 Price Band
- Breakout from Falling Resistance Price Channel sustained
- Rising Support Price Channel trending post Support Zone test and retest
- Demand based Buying Volumes needed to counter profit booking selling pressure
Colgate Palmolive cmp 2331.80 by Weekly Chart viewColgate Palmolive cmp 2331.80 by Weekly Chart view
- Support Zone 2135 to 2195 Price Band
- Resistance Zone 2350 to 2435 Price Band
- Triangle Breakout attempted by current stock chart technical setup
- Support Zone has been under testing retesting phase for the Support Zone
- Bullish Rounding Bottom on Weekly Chart and close Cup & Handle on Daily Chart
- Volumes are seen well in sync with the average quantity traded over the past few weeks
Mphasis cmp 2917.70 by Daily Chart viewMphasis cmp 2917.70 by Daily Chart view
- Support Zone 2785 to 2845 Price Band
- Resistance Zone 2980 to 3045 Price Band
- Falling Resistance Trendline Breakout attempted
- Rising Support Trendline well respected by up-trending price
- Bullish Cup & Handle pattern done near the Resistance Zone neckline
Stock Analysis: Asm technologies ASM Technologies Ltd.- technical chart and fundamentals for student learnings.
Technical & Chart Pattern Analysis (Weekly Chart)
Current Price (CMP): 1,520
Recent Move: Sharp rally from -500 in mid-2024 to a peak of -3,800 (multi-bagger move within months).
Chart Pattern Observations
1. Parabolic Rally: Price rose almost vertically - unsustainable in the short term - healthy correction likely.
2. Strong Resistance Zones:
-1,675 (immediate resistance & supply zone)
-2,630 (major resistance, recent support turned resistance)
-3,800 (swing top, all-time high)
3. Strong Support Zones:
-1,450-1,500 (immediate support, CMP zone)
- 1,250 (next support)
- 950 (major strong support, base of previous rally)
4. Candlestick Observations:
The last few weekly candles show long wicks at the top - profit booking and selling pressure.
Current trend shows bearish engulfing signals near top - short-term correction expected.
🎯Perfect Entry Points for Swing / Positional
Safe Accumulation Zone: 1,250-1,450 (near support, risk-reward favorable).
Aggressive Buy Zone: 1,650-1,700 (if stock reclaims and sustains above with volume).
Breakout Zone for Big Upside: 2,650+ weekly close - can attempt 3,200-3,800 again.
Swing Analysis:
Stock is in post-parabolic correction - Expect sideways consolidation between 1,250-2,000 for some weeks/months.
Good for gradual SIP-style accumulation instead of lump sum buy.
Fundamental Snapshot (ASM vs Competition)
Metric (FY24-25) ASM Technologies Tata Elxsi KPIT Tech L&T Tech
Market Cap -800 Cr -55,000 Cr -30,000 Cr -55,000 Cr
PE Ratio -60+ (very high) -75 -65 -55
Debt/Equity Low (Good) Low Low Low
Revenue Growth (3Y CAGR) High (-30-35%) -18% -20% -15%
Profit Margins 8-10% 20%+ 15-18% 15-20%
Dividend Yield Nil 0.8% 0.5% 0.7%
👉 Observation:
ASM is a small-cap, high-growth, high-risk IT engineering services company.
Valuation is stretched (like peers) but earnings base is tiny compared to Tata Elxsi or KPIT.
High volatility due to low liquidity in stock.
Key Learnings for Students
1. Parabolic moves always correct - don’t chase at top, wait for pullbacks.
2. Support & Resistance levels guide entry/exit - better risk-reward at support zones.
3. Volume + Candlestick confirmation is important before entering.
4. Fundamentals matter in long run - Always check PE ratio, debt levels, margins, and growth.
5. Small-cap IT can give multibaggers but carry high volatility - only invest money you can hold for 3-5 years.
👉Disclaimer:
This analysis is for educational purposes only. Not a SEBI-registered advisory. Please consult your financial advisor before making any investment/trading decision.
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