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Dhani BO: Ready for Its Next Rally After 80% Correction?NSE:DHANI Breakout: Is This Med/Fin Tech Stock Ready for Its Next Rally After 80% Correction? Price Action Overview: - Stock has undergone a significant correction from highs of ₹109.88 to lows of ₹47.05, representing nearly a 57% decline - Currently trading at ₹71.09 with recent bullish momentum showing +14.42% gains - Price action suggests a potential bottoming process after prolonged consolidation Volume Spread Analysis: - Significant volume spikes observed during major price movements - Recent breakout accompanied by above-average volume (4.22M vs average 30.03M) - Volume concentration during earnings announcements (marked 'E' on the chart) indicates institutional participation - Higher volume during recent uptick suggests renewed interest Key Technical Levels: Support Levels: - Primary Support: ₹50-52 zone (previous consolidation area) - Secondary Support: ₹47.05 (absolute low) - Immediate Support: ₹62-65 (recent breakout zone) Resistance Levels: - Immediate Resistance: ₹82.71 (marked horizontal level) - Major Resistance: ₹96.79-₹109.88 (previous highs zone) - Intermediate Resistance: ₹75-78 (previous resistance turned support) Base Formation: - Extended consolidation base formed between ₹50-₹68 over 4-5 months - Classic rectangle/range-bound pattern with multiple tests of support and resistance - Recent breakout from the upper boundary of this base suggests the completion of the accumulation phase. Technical Patterns: - Descending triangle pattern from February to April 2025 - Internal Flag & Pole Breakout - Recent breakout from the consolidation rectangle - Potential inverse head and shoulders formation on smaller timeframes - Rising volume during breakout confirms pattern validity Trade Setup: Entry Strategy: - Primary Entry: ₹68-₹70 (on pullback to breakout level) - Aggressive Entry: Current levels ₹71-₹72 (momentum play) - Conservative Entry: ₹65-₹67 (retest of breakout zone) Exit Levels: - Target 1: ₹82-₹85 (immediate resistance zone) - Risk: Reward 1:2 - Target 2: ₹95-₹98 (major resistance area) - Risk: Reward 1:3.5 - Target 3: ₹110-₹115 (previous highs extension) - Risk: Reward 1:4.5 Stop Loss: - Conservative Stop: ₹62 (below recent consolidation) - Aggressive Stop: ₹58 (below key support cluster) - Trailing Stop: Implement an 8-10% trailing stop after the first target achievement Position Sizing: - Risk per trade: Maximum 2% of portfolio - Position size calculation: Portfolio value × 2% ÷ (Entry price - Stop loss) - For ₹1,00,000 portfolio with ₹70 entry and ₹62 stop: Position size = ₹2,000 ÷ ₹8 = 250 shares Risk Management: - Maximum exposure to single stock: 5% of total portfolio - Sector exposure limit: 15% to financial services - Use of stop-loss orders mandatory - Position review after every 10% move in either direction - Risk-reward ratio minimum 1:2 for all trades Sectoral Backdrop: Fintech Sector Overview: - Digital lending sector experiencing regulatory scrutiny, but long-term growth prospects intact - Increasing digital adoption post-pandemic, supporting fintech growth - RBI guidelines on digital lending create compliance costs but also barriers to entry - Consolidation is expected in the sector, favouring established players Industry Trends: - Growing smartphone penetration is driving digital financial services adoption - The government push for financial inclusion through digital means - Rising interest rates are impacting borrowing costs but improving net interest margins - Increasing focus on data analytics and AI-driven lending decisions Fundamental Backdrop: Company Overview: - Dhani Services operates in the digital financial services space - Diversified business model including lending, insurance, and investment services - Strong technology platform enabling scalable operations - Focus on serving underbanked population segments Recent Developments: - Quarterly earnings showing revenue growth trajectory - Management focuses on improving asset quality and reducing NPAs - Strategic partnerships for expanding product offerings - Regulatory compliance improvements undertaken Financial Health Indicators: - Need to monitor debt-to-equity ratios given the lending business nature - Asset quality metrics are crucial for long-term sustainability - Revenue diversification, reducing dependence on single income streams - Technology investments supporting operational efficiency Catalyst Factors: - Potential regulatory clarity on digital lending norms - Expansion of credit underwriting capabilities - Strategic alliances or acquisition opportunities - Improved economic conditions support loan demand Risk Factors: - Regulatory changes in the fintech space - Competition from established banks entering the digital space - Credit risk in unsecured lending segments - Technology and cybersecurity risks - Dependence on external funding for growth capital My Take: This technical setup suggests a potential medium-term opportunity with proper risk management, though investors should monitor both technical levels and fundamental developments closely. Keep in the Watchlist. 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. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational 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:DHANILong
by Karanshah137
12
RKF Massive Breakout After 6-Month Consolidation.NSE:RKFORGE Hidden Auto Component Gem Ready for Massive Breakout After 6-Month Consolidation, after Breaking out Today With King Candle and Volumes. Price Action: - Current Price: ₹656.75 (+9.37% gain) - Trading Range: ₹553.00 - ₹1,020.00 - Market Cap Category: Mid-cap stock with decent liquidity - Chart Pattern: Extended consolidation phase with recent breakout attempt Support and Resistance Levels - Primary Resistance: ₹760-780 zone (red horizontal line) - Secondary Resistance: ₹1,020 (previous high) - Immediate Support: ₹620-640 zone - Major Support: ₹553-580 zone (green horizontal rectangle) - Critical Support: ₹553 (52-week low) Base Formation: - Base Type: Rectangle/Sideways consolidation base - Duration: Approximately 6 months (January 2025 to June 2025) - Base Depth: ~45% correction from highs - Base Quality: Tight consolidation with reduced volatility - Breakout Characteristics: Recent volume spike suggests potential base completion Technical Patterns: - Rectangle Pattern: Clear horizontal support and resistance boundaries - Volume Accumulation: Declining volume during consolidation, spike on recent move - Flag Formation: Potential bull flag pattern forming at current levels - Double Bottom: Possible formation around ₹553-580 support zone Volume Spread Analysis - Volume Characteristics: 21.57M shares traded (above average) - Volume Pattern: Higher volume on up days, lower on down days - *Accumulation Signs: Volume spike coinciding with price breakout attempt - Volume Confirmation: Recent breakout supported by increased participation Trade Setup: Entry Strategy: - Primary Entry: ₹650-665 (current levels on pullback) - Aggressive Entry: ₹680-690 (on breakout above resistance) - Conservative Entry: ₹620-630 (on retest of support) Exit Levels: - Target 1: ₹750-760 (15% upside) - Target 2: ₹850-880 (30% upside) - Target 3: ₹980-1,000 (50% upside) Stop Loss Levels: - Tight Stop: ₹620 (5% risk) - Swing Stop: ₹580 (12% risk) - Position Stop: ₹550 (16% risk) Position Sizing: - Conservative Allocation: 2-3% of portfolio - Moderate Allocation: 4-5% of portfolio - Aggressive Allocation: 6-8% of portfolio (for risk-tolerant investors) Risk Management: - Risk-Reward Ratio: Minimum 1:2 for all entries - Portfolio Risk: Maximum 2% portfolio risk per position - Position Monitoring: Weekly review of technical levels - Profit Booking: 25% at Target 1, 50% at Target 2, remainder at Target 3 Sectoral Backdrop: Auto Components Sector Overview - Sector Performance: Recovery phase post-COVID disruptions - Growth Drivers: EV transition, export opportunities, aftermarket demand - Challenges: Raw material inflation, supply chain disruptions - Government Support: PLI schemes, Make in India initiatives Forging Industry Dynamics - Market Position: Specialised manufacturing with high entry barriers - Demand Drivers: Commercial vehicle recovery, export growth - Competitive Advantage: Technical expertise, established client relationships - Cyclical Nature: Linked to auto industry cycles and capex spending Fundamental Backdrop Company Overview - Business Model: Automotive forging components manufacturer - Key Clients: Major OEMs in domestic and international markets - Product Portfolio: Crankshafts, connecting rods, front axle beams - Manufacturing Facilities: Multiple locations with modern equipment Financial Health Indicators - Revenue Growth: Recovery trajectory expected post-consolidation - Margin Profile: Improving operational efficiency - Debt Levels: Manageable debt-to-equity ratios - Cash Flow: Positive operating cash flow generation Growth Catalysts - Export Expansion: Increasing share in global supply chains - Product Diversification: Entry into new automotive segments - Technology Upgrades: Investment in advanced manufacturing - Market Recovery: Commercial vehicle segment revival Risk Factors - Cyclical Demand: Vulnerability to auto industry downturns - Raw Material Costs: Steel price volatility impact - Competition: Pressure from low-cost manufacturers - Regulatory Changes: Environmental and safety compliance costs My Take: NSE:RKFORGE presents a compelling technical setup after a prolonged consolidation phase. The stock appears to be breaking out from a well-defined base with strong volume support. The risk-reward profile is attractive for medium-term investors, with clear support and resistance levels providing good trade management opportunities. However, investors should remain mindful of the cyclical nature of the auto components sector and size positions accordingly. Keep in the Watchlist. 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. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational 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:RKFORGELong
by Karanshah137
15
Double Bottom but Failed Breakout Retest | Daily Time Frame📉 OBEROI REALTY LTD – Double Bottom but Failed Breakout Retest 📅 Date: April 28, 2025 📈 Timeframe: Daily Chart 🔍 Stock: Oberoi Realty Ltd (NSE) 📌 Technical Overview: A Double Bottom pattern was formed indicating bullish reversal potential. Price attempted a breakout above the neckline near ₹1704.25, but the retest failed — price could not sustain above the breakout zone. Price is currently trading at ₹1656.80, under the trendline support. 🧩 Key Observations: ✅ Double bottom structure was confirmed. ❌ Breakout retest failed — caution needed. 📉 Watch trendline support (black line) closely — breakdown could trigger weakness. 📊 Volume during the failure was moderate (not aggressive selling yet). 🧠 Observational Bias: Weak below the trendline support. Bulls must reclaim and hold above ₹1704.25 to regain strength.
NSE:OBEROIRLTY
by simpletradewithpatience
1
Knowledge Marine & Engineering WorksThe long-term financing plan for the maritime industry was presented by Union Finance Minister Nirmala Sitharaman on February 1, 2025. As informed, the Government of India will contribute up to 49 percent to the fund, with the private sector, port authorities, financial institutions and other government entities covering the remainder of the sum. The financial assistance will be provided via equity or debt securities, according to the government. Objectives of the new fund are: Development of new and modernization of existing ports; Financial aid for green shipping initiatives; Investments in ship repair facilities to make India a global shipping hub; Encouragement of technological innovation in maritime logistics & fleet efficiency. As per the government, the MDF is primarily intended for financing ship acquisitions, in line with the country’s strategy to increase the share of Indian-flagged vessels to 20% by 2047. What is more, the enriched domestic fleet would reduce dependency on foreign ships and improve the balance of payments, contributing to India’s strategic interests. The Union Budget also provided a ‘shot in the arm’ to India’s domestic shipbuilding industry after it announced new mega shipbuilding clusters in the country in an effort to increase the range, categories, and capacity of ships. The proposed allocation of ₹6,100 crore ($700 million) aims to support India’s existing shipyards in upgrading, modernizing, and automating their operations, enhancing efficiency, utilization, and overall output. Furthermore, the Union Budget has extended the Shipbuilding Financial Assistance Policy (SBFAP) 2.0, aimed at providing direct financial subsidies to Indian shipyards. This initiative seeks to help in securing orders by offsetting operational cost disadvantages, thereby strengthening the domestic shipbuilding industry. “It is reassuring to see that the budgetary initiatives for India’s marine sector are focused on unlocking its vast potential and enhancing existing assets through upgrades, modernisation, and automation. A key highlight is our ministry’s development of new shipbuilding clusters of 1.0 to 1.2 Million Gross Tonnage (GT) each,” Sarbananda Sonowal, The Union Minister of Ports, Shipping & Waterways, commented. “This strategic push is crucial in realising India’s vision of becoming a $30 trillion economy by 2047. By leveraging the Public-Private Partnership (PPP) model, the scheme is designed to attract private investment, promote modernisation, and advance green technologies. These efforts will enhance India’s global competitiveness, drive sustainable growth, and solidify its position as a leading Global Maritime Hub.” Another innovative scheme announced in the budget is the shipbreaking credit note to promote the circular economy. This scheme incentivizes ship scrapping by issuing a credit note of 40% of the scrap value which can be reimbursed to buy new ‘Made in India’ ships. Finally, large ships will be now accounted as infrastructure assets, enabling easy access to long-term financing and tax incentives. This will help attract private investments in the maritime sector and enhance fleet modernization, according to the government.
NSE:KMEWLong
by CannySunny
Confidence Petrol ltd., Looking good ; min 50% Roi ; swingFor short term investment ; Leave a " Like If you agree " .👍 . Wait for small retracement & daily candle to close above - "57.50" . Trade carefully untill ENTRY level. . Entry: 57.5 Target: 61-66-73-81 sl: 53 major stoploss/ support: 44.5. . Enter only if market Breaks and retrace and support above "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer old posted idea attached below.
NSE:CONFIPETLong
by TheNuraTrading
Gabriel India -Double Bottom Breakout!📊 Gabriel India - Positional Breakout Trade 🔍 Technical Overview: ✅ Trend: Strong uptrend, followed by a 32% correction and a double bottom formation . ✅ Breakout Confirmation: Cleared ₹565 resistance with strong volume. ✅ Key Levels: Entry: Above ₹600 (Earlier breakout was at ₹565) Stop Loss: ₹475 (Closing basis) 🔻 Positional Target: ₹824 (Tentative) 🎯 ✅ Moving Averages: Trading above key DMAs, indicating strength. ✅ Market Condition: Stock is breaking out early as markets show signs of recovery. ⚠ Risk Management & Position Sizing: Risk per trade: More than 20%, so position sizing is 🔑. Recommended Approach: Enter 25% now and accumulate on retest. Do NOT go all-in – respect SL at all costs! 🚨 Current market structure: Still in LL-LH (Lower Low - Lower High). This could be a counter-trend pullback or a bull trap—stay cautious. 📈 Fundamental Overview: Market Cap: ₹8,463 Cr Current Price: ₹589 52W High/Low: ₹598 / ₹326 P/E Ratio: 40.2 Book Value: ₹74.9 Dividend Yield: 0.68% ROCE: 26.7% ROE: 19.6% Debt-Free Company 💰 Sales, EPS, and Profits improving YoY 📈 🛑 Final Thoughts: Market concerns still exist—we don’t know if this is the bottom or a reversal yet. Control FOMO! Watch for market confirmation before adding aggressively. If you struggle with risk management, sit on the sidelines—waiting is also a trade. ⚠ Disclaimer: This is NOT financial advice. Trade at your own risk and follow your own risk management rules. 📉📈
NSE:GABRIELLong
by sagartharayil
UNIONBANK – Positional Breakout SetupPattern: Double Bottom | W Pattern Inside Channel Trend: HH-HL Structure | Trading Inside Ascending Channel Volume: Noticeable Build-Up DMAs: Trading Above Key DMAs Stage: Aiming for Stage 2 Breakout The stock is forming a double bottom (W pattern) inside a well-respected ascending channel, with a clean higher high–higher low structure and visible volume build-up. It's now trading above key DMAs, hinting at underlying strength. With price approaching a key breakout zone, it looks primed for a potential Stage 2 continuation. 🔔 Trade Plan Entry: ₹143.38+ (on breakout and daily close above) Stop Loss: ₹121.74 (closing basis ) Target 1: ₹151.72 Target 2: ₹172.83 Risk–Reward Insight 🎯 Risk from entry to SL is ₹21.64. Reward to Target 1 is ₹8.34 (~1:0.38) Reward to Target 2 is ₹29.45 (~1:1.36) While T1 gives a conservative move, the bigger play lies in T2 — the upper edge of a 1-year trading range. This is where smart money tends to scale in. 💡You don’t have to go full throttle on day one. ✅ Consider buying a test quantity above ₹143.38 to assess breakout strength. If the move confirms with strong follow-through and volume, you can look to add on dips or above T1 with a tighter trailing SL. This approach helps you ride trends without overexposing yourself early. The key is to stay mechanical and let the setup prove itself. ⚠️ Risk Management is Non-Negotiable Never ignore your stop loss. Don't chase. Stick to your plan and size positions according to your risk appetite. This setup looks technically clean — but remember: even the best setups fail without confirmation. Let price and volume lead the way. 📌 Disclaimer: This is not investment advice. I am not a SEBI-registered advisor. All content is for educational purposes only. Please do your own analysis and always trade responsibly.
NSE:UNIONBANKLong
by sagartharayil
4
PARAMOUNT COMA LTD📊 PARAMOUNT COMA LTD (1D) – CMP ₹60.08 📅 Date: May 20, 2025 📈 Exchange: NSE 📌 Ticker: PARACABLES 🧠 Technical Analysis Overview ✅ Bullish W-Pattern (Double Bottom): Price has formed a strong W-pattern, also known as a double bottom, indicating a potential trend reversal. The neckline breakout above ₹58.00 confirms bullish momentum. ✅ Downtrend Breakout: The long-term falling trendline has been broken decisively with strong bullish candles and increasing volume – a classic reversal signal. ✅ Volume Spike: Breakout has occurred with significant volume (1.98M), confirming the strength of the move and hinting at potential institutional entry. ✅ Fibonacci Retracement Levels: 🔶 38.2% – ₹65.69 🟩 50.0% – ₹72.36 🟩 61.8% (Golden Ratio) – ₹79.03 💡 Price Action Strategy 🧱 Key Support & Resistance Levels 🟩 Support ₹58.00 – Previous neckline breakout level ₹50.00 – Mid-range base level 🟥 Resistance (Fibonacci-based) ₹65.69 – 38.2% ₹72.36 – 50% ₹79.03 – 61.8% Golden Ratio 📌 Conclusion PARAMOUNT COMA LTD has triggered a strong breakout after forming a W-pattern and clearing a key trendline. With volume confirmation and upside potential toward Fibonacci levels, this could be a promising swing trade setup. Retesting ₹58 zone could offer a perfect entry opportunity. 📌 Disclaimer: This is for educational purposes only. Not financial advice. Always do your own research or consult a financial advisor.
NSE:PARACABLESLong
by PriceAction_Pulse
SARDAEN - Breakout WatchlistWhy This Stock? ✅ Base Breakout – Breaking above ₹526.2 with strong volume confirmation (4-5x past trading sessions). ✅ Trading Above Key DMAs – Strong price structure with good RSI. ✅ No Left-Side Resistance – Clean chart structure with potential for an uptrend. ✅ Formation of W Pattern + VCP – Classic bullish continuation setup. ✅ Resisted Market Fall – Showcasing relative strength despite overall weakness. Safe traders wait for a weekly close above the break-out level ₹526.2. Key Levels 📌 Entry: ₹538.50 📌 SL (Closing Basis): ₹423.10 📌 Breakout Level: ₹526.2 Fundamentals (Key Metrics) Market Cap: ₹18,979 Cr. Stock P/E: 27.9 ROCE: 15.3% ROE: 14.1% Sales Growth (YoY): Improving OPM % YoY Improving EPS YoY: Improving. What Could Go Wrong? ⚠️ Overall Market Trend is Bearish – Any weakness in broader indices can drag the stock down. ⚠️ Sectoral Index is Weak – Lack of sectoral strength may limit upside potential. ⚠️ High SL Probability – Strong pullbacks can invalidate the breakout; hence, buy test quantities only. ⚠️ Deep SL Why This is Worth Watching? 📈 Stocks that Fell Less in Correction – Often become early movers when the market stabilizes. 📈 Volume Picking Up – A good sign that institutional interest might be present. 🚨 Disclaimer: This is not a trade recommendation but a watchlist alert. Do your own research before making any trading decisions. 🚨
NSE:SARDAENLong
by sagartharayil
2
BDL – Weekly W-Pattern + Sector Strength + Volume Surge 📈 BDL – Weekly W-Pattern + Sector Strength + Volume Surge = High-Potential Positional Setup BDL is showing textbook technical confluence at the right time: Sector: Defence index at all-time highs Stock: BDL forming a clear double bottom (W-pattern) over several months Weekly breakout underway with strong green candle and volume confirmation Structure: Rounded base, higher lows, long support holding strong Price just broke key levels with momentum — setup for multi-leg positional rally 🧠 Technical Highlights ✅ W-pattern (double bottom) over weekly chart confirms accumulation & reversal ✅ Price breakout from neckline zone around ₹1,525+ ✅ Clean structure with support zone holding for 8+ months ✅ Volumes rising with the breakout — early signs of trend continuation ✅ Defence sector tailwind active 🧮 Setup Overview Entry Zone ₹1,530–₹1,540 Stop Loss (SL) ₹1,293.95 ATH Resistance ₹1,799.45 Target (Positional) ₹2,363.55 SL % −15.38% Target % +54.34% Risk : Reward 1 : 3.5 📊 Strategy Recommendation Add 30–40% position now Add more on clean ATH breakout or base retest with volume Avoid full position in one shot — shakeouts possible on weekly charts too Let volume lead the move — don’t pre-empt full size ⚠️ Cautionary Note: While the setup is structurally strong, remember: Markets are still volatile Sudden sector pullbacks or macro headlines may affect entries Stick to position sizing and respect your stop loss 📌 Summary BDL is setting up for a high-reward positional breakout fueled by a confirmed W-pattern, sector momentum, and volume surge. Structure is tight, risk is defined, and the upside potential is significant. 📉 Disclaimer: This is not a buy/sell recommendation. For educational purposes only. Do your own research and manage risk as per your capital and style.
NSE:BDLLong
by sagartharayil
BEL – Sector Strength + Double Bottom + Volume Thrust 📈 BEL – Sector Strength + Double Bottom + Volume Thrust = A Setup Worth Tracking The India Defence Index just broke into new all-time highs, possibly driven by rising geopolitical tensions — but beyond the headlines, the sector remains structurally strong. BEL (Bharat Electronics Ltd) is showing powerful confluence: A double bottom breakout Sectoral support Rising volumes Key moving averages reclaimed All of this sets up a technically sound positional opportunity. 🧠 Technical Highlights ✅ Stock trading above key DMAs ✅ Volume picking up — watch for 4x–5x surge to confirm strength ✅ ATH at ₹339.90 may act as resistance; clean breakout above it = add/fresh entry ✅ Defence sector index at ATH – macro tailwind active 🧮 Setup Overview Entry Zone ₹32.7 Stop Loss (SL) ₹287.65 ATH Resistance ₹339.90 Target (Positional) ₹399.10 SL % -10.09% Target % +24.72% Risk : Reward 1 : 2.45 🧭 Suggested Strategy 🔄 Add 30–40% at breakout 🧘 Wait for pullback or retest to add more 🚫 Avoid chasing — shakeouts are very likely 🧠 Gradual accumulation + disciplined risk management > FOMO 📊 Volumes should confirm — clean candle with strong demand = green signal ⚠️ Final Note: We are not entirely out of danger — markets can throw brutal pullbacks and false breakouts. Defensive positioning, proper sizing, and exit planning are essential. 📉 Disclaimer: This is not a buy/sell recommendation. For educational purposes only. Do your own research and manage risk as per your trading style.
NSE:BELLong
by sagartharayil
ICICI Bank-Aiming for Double Bottom Breakout?ICICI Bank – Technical Analysis & Trade Plan 📈 Trend Analysis: Stock is in a strong uptrend with a higher high, higher low (HH-HL) structure intact. Consolidating since September 2024, forming a base. Double bottom formation visible, with a potential VCP (Volatility Contraction Pattern) at play. Trading above key DMAs, confirming strength. Sectoral strength: Finance & banking showing momentum and could lead the next market move. 📊 Market Context: Broader market is showing slight improvement but still in a lower low, lower high (LL-LH) structure. Index closed above 50 DMA, gaining some momentum, but another round of correction cannot be ruled out. The main reason for selecting this stock is strong sector movement. 🔍 Trade Plan: ✅ Entry: Above ₹1,328 🚨 Immediate Resistance: ₹1,363 📌 Add more: If ₹1,363 is broken with strong volume 🎯 Positional Target: ₹1,555 ❌ Stop Loss (SL - Closing Basis): ₹1,180.45 📉 Risk & Reward Calculation: Risk (SL to Entry): ₹1,328 - ₹1,180.45 = ₹147.55 (~ 11.11% downside risk) Reward (Entry to Target): ₹1,555 - ₹1,328 = ₹227 (~ 17.1% upside reward) Risk-to-Reward Ratio (R:R): 1:1.54 (Moderate reward vs. risk) ⚠️ Risk Considerations: Overall market still in LL-LH structure → Could just be a pullback within a broader downtrend. Position Sizing Key: Consider entering only 30% of the usual position size. Gradual accumulation near ATH (All-Time High) levels is a wise approach. 📢 Disclaimer: This is not financial advice. Trading involves risk, and past performance does not guarantee future results. Always do your own research and use proper risk management .
NSE:ICICIBANKLong
by sagartharayil
Mazagon Dock| VCP & Double Bottom – Watch for a Breakout!Mazagon Dock ⚓ | VCP & Double Bottom – Watch for a Breakout! 🚀 Mazagon Dock (MAZDOCK) is forming a Volatility Contraction Pattern (VCP) + Double Bottom on the weekly chart. A potential breakout is in play. 📌 Entry: Above 2671 (preferably on a daily close). 📌 Immediate Resistance: 2966 (All-Time High). Watch price action at this level. A strong breakout with volume could signal further upside. 📌 Stop-Loss: 2201 (Daily close). ⚠️ SL is deep (~17.6%), so position sizing is critical. Trading Strategy & Risk Management 🛡️ 🔹Breakout Entry: Small position above 2671 with a tight SL for safety. 🔹Retest Strategy: If a breakout occurs, watch for a retest of 2671 as support. 🔹Volume Confirmation: A strong breakout with volume can signal continuation. 🔹Risk Factor: Already up 1600%+ from lower levels, so profit booking pressure is expected. 🔹 The Broader Market is not in a safe territory yet – gradual accumulation is advised. 🔹 Wait for a clean breakout → Start with a small position. 🔹 Market conditions matter – If the market weakens, even strong setups can fail. Stock Behavior & Market Context 📈 Mazagon Dock has a history of breakout-consolidation-breakout moves. It has already surged 1600%+, making risk management essential. Many investors are sitting on heavy profits, so expect volatility. 🚢 Defense & Shipbuilding Outlook: India is heavily investing in defense manufacturing, with Make in India boosting the sector. The naval expansion plans and growing demand for warships & submarines could provide strong tailwinds for MAZDOCK in the long run. Government contracts & global interest could further fuel its growth. Final Thoughts 2025 is shaping up to be a year where risk management will be key. Early entries help reduce risk, but sticking to the stop-loss is non-negotiable. Keep this on your radar and trade light! This setup has high potential but requires discipline. Position sizing and SL adherence are key due to the deep stop loss. If the market remains bullish, MAZDOCK could see a multi-month breakout. 🔥 Will history repeat? Can MAZDOCK deliver another breakout rally? Let’s see!
NSE:MAZDOCKLong
by sagartharayil
1
Mangalore chemical:(Ready to shoot up); Take a look; Min 50% RoiHuge potential is there. For short term investment ; Leave a " Like If you agree ". 👍 . . Wait for Breakout & then Daily candle to close above - "135" . If you want to enter now "Go for it with stoploss". . . Enter after Price Breaks "Yellow box" mentioned. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency " 💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Follow for regular updates.👍
NSE:MANGCHEFERLong
by TheNuraTrading
5
Muthoot Microfin LTD – Major Breakout in Play!🟦 Blue Line: 200 DEMA Still overhead, but the recent price action indicates a potential shift in trend. Price reclaiming above this zone will be another bullish confirmation. 📌 Breakout Highlights: Counter Trendline Breakout: Price shattered the CT-based trendline with high volume. W-Bottom Formation: A textbook double bottom structure is visible with neckline breakout. Green Path: Illustrates the bullish trajectory already played out post breakout. Red Zone: Key resistance turned support — now a potential demand zone on retest. Yellow Path: A healthy retest scenario could play out, offering better R:R entries. A pullback to the neckline before continuation would be ideal. 🔔 Keep it on your radar — structure, volume, and trend all align for a bullish bias.
NSE:MUTHOOTMFLong
by Averoy_Apoorv_Analysis
2
WELSPUN – Double Bottom Reversal with Trendline ConfluenceSetup Type: Reversal + Breakout | Conviction: Medium (Confirmation Needed) Chart Framework: Price Action + Chart Patterns WELSPUN is printing a strong bullish reversal structure, supported by both horizontal and diagonal resistance levels: 🟡 Double Bottom at Equal Lows – Classic reversal base forming after a downtrend. 📏 Equal Lows Liquidity Grab – Smart money may have hunted stops before pivoting. 🟢 Massive Volume Spike – Indicates strong interest building up. 📐 Bearish Trendline Resistance + Neckline acting as key breakout zones. 🧠 Trade Plan: 🕒 Wait for breakout above ₹133–135 zone (neckline + trendline overlap). 📍 Entry Confirmation = Daily close above ₹135 with strong volume. 🎯 Target = ₹180+ based on measured move from the pattern. 💡 High-Probability Trigger: Once the neckline breaks, momentum buyers will likely step in. Confluence of trendline + structure gives this trade extra juice.
NSE:WELSPUNLIVLong
by Trading_Mentor_Amaan
Gujarat Alkalies | Explosive Double Bottom Breakout!📈 Stock: Gujarat Alkalies & Chem (NSE) 💰 CMP: ₹647.75 (+14.50%) 🚀 Why This Chart Stands Out? ✅ Double Bottom Breakout: A textbook bullish reversal pattern with a strong retest. ✅ Supply-Demand Flip: The red zone acted as a resistance, now turning into support. ✅ DTF CT Resistance (White Line): Broken! A major trendline breakout signals momentum shift. ✅ WTF Resistance (Yellow Line) Next: The last hurdle before a potential strong rally. ✅ Volume Confirmation: Increasing volumes validate the breakout, showing buyer confidence. 🔥 A perfect mix of breakout, volume, and price action! Ready for the next leg up? Comment below! 👇
NSE:GUJALKALILong
by Averoy_Apoorv_Analysis
1
PG ELECTROPLAST LTD (NSE: PGEL):Double Bottom & CNH📈 PG ELECTROPLAST LTD (NSE: PGEL) – Trade Setup & Analysis 🔹 Trend: Stock is in an uptrend, previously a cycle winner. Corrected significantly in the recent market fall but is now recovering and trading close to ATH. 🔹 Technical Highlights: Trading above key DMAs ✅ Double bottom, VCP, and CNH formation (not textbook-perfect but forming) Volume missing but RSI improving 📈 Price action near ATH to watch – a high-volume breakout could signal a strong move. 🔹 Key Levels: Entry: ₹925.70 SL (Closing Basis): ₹705.25 🛑 ATH Resistance: ₹1,053.80 🔹 Market Structure: LL-LH trend in the broader market, so caution advised ⚠️ Gradual accumulation suggested, wait for confirmation on breakout with volume. Breakouts are prone to failure in weak markets – risk management is key. 🔹 Fundamentals: Market Cap: ₹26,226 Cr Stock P/E: 124 (High Valuation ⚠️) Book Value: ₹40.5 Dividend Yield: 0.02% ROCE: 18.7% | ROE: 18.9% ✅ Sales Improving YoY but OPM% needs improvement EPS Improving, Profits Rising ✅ 📌 Final Thoughts: Monitor price action near ATH – strong volume breakout = potential buy. Weak market structure means all setups carry a higher failure risk. Company fundamentals are decent, but valuations are stretched. 🔍 Do your own research before committing capital. This is a potential mover but needs confirmation!
NSE:PGELLong
by sagartharayil