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HDFCLife: Resistance & Channel Breakout Above 760Details:
Asset: HDFC Life Insurance Company Ltd (HDFCLIFE)
Breakout Level: 760
Potential Targets: 800, 840
Stop Loss: Below 745 or as per risk strategy
Timeframe: Short to medium-term
Rationale: HDFCLIFE has broken a key resistance and confirmed a channel breakout above 760. The move signals bullish momentum, supported by improving sentiment in the insurance sector.
Market Analysis:
Technical Setup: Breakout from horizontal resistance zone and channel formation adds strength to the bullish case.
Sector Outlook: Positive outlook for life insurance industry driven by rising awareness and penetration.
Risk Management:
Place a stop loss below 745 to avoid trap from false breakout.
Timeframe:
Short to medium-term move toward 800–840 anticipated.
Risk-Reward Ratio:
Attractive, with strong technical backing and sectoral support.
Watch for continuation with strong volume confirmation above 770 for follow-through.
CDSL – Leading Diagonal Kicking Off a Bullish Cycle?A possible new bullish impulse may be forming in CDSL, following a strong corrective downtrend.
From the ATH at ₹1989.80, the stock completed a 5-3-5 Zigzag correction that bottomed out at ₹1047.45. The final leg (Wave C) shows the characteristics of an Ending Diagonal , signaling possible exhaustion and the end of the correction.
From that low, the structure that follows appears to be a Leading Diagonal , possibly acting as Wave 1 of a new motive sequence. Despite its expanding nature, Wave 3 is not the shortest , and trendlines are respected — validating the diagonal structure.
This upward move has completed five waves, currently labeled as Wave (1), (2), (3), (4), and (5), which together form a larger Wave (A) . If this structure turns out to be impulsive , this may not just be an ABC correction, but the start of a full 5-wave impulse:
1 → 2 → 3 → 4 → 5
Now, we’re likely entering a Wave (2) correction, typically retracing 0.382 to 0.618 of Wave (1) . This retracement could break below the diagonal trendline , shaking out late bulls.
Post that, if the structure holds, we may see a strong Wave 3 advance — usually the most powerful leg in any impulse.
This is a hypothesis, and structure confirmation will be key. If price fails to hold support zones or shows structural invalidation, the count will need to be revised accordingly.
Tools Used: Elliott Wave, Fibonacci, Trendlines
Timeframe: 2H
This is not a buy/sell recommendation — purely an educational analysis. Chart will be updated as price action evolves.
DIVISLAB : Rounding Bottom Consolidation Breakout..!!DIVISLAB is showing good consolidation Breakout above the Rounding Bottom structure breakout.. target and sl are on the chart....
there is lot of scope in large cap stocks as the data shows..
All data is available in public domain..
CMP : 6580
TG : 7800
SL : 5840
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Disclosure : might be Hold
ASTRAMICRO in Bullish modeHey Family, here’s another stock showing a strong technical setup! 🚀
📈 Stock: Astra Microwave Ltd (NSE: ASTRA)
🔍 Key Observations:
📊 Chart Pattern:
The chart shows a Horizontal Breakout from a long-term consolidation zone. This is a bullish continuation setup, signaling potential for further upside as the stock breaks above key resistance levels.
📈 Recent Price Action:
• The stock broke out last week, showing strong bullish momentum.
• This week’s price action indicates a healthy consolidation above the breakout level, suggesting buyer strength and continued interest.
• Volume activity supports the move, adding conviction to the breakout.
💡 Trading Recommendation:
Aggressive Entry:
• Enter based on current price structure to ride the breakout early.
• Use a stop-loss according to your risk tolerance and trading capacity.
Conservative Entry:
• Wait for a decisive move above the highlighted supply zone for confirmation.
• This approach helps minimize risk and confirms sustained strength.
🧠 Rationale:
The breakout from horizontal resistance, backed by solid price and volume structure, suggests a high-probability bullish continuation. Choose an entry style that aligns with your trading plan and risk profile.
🚨 Disclaimer: This is not financial advice. All views are shared for educational purposes only. Always do your own research and manage risk responsibly before making any trading decisions.
What is your view please comment it down and also boost the idea this help to motivate us.
KPRMILLChart Pattern:
The chart shows a potential Cup and Handle pattern. This is a bullish pattern that suggests the stock may be poised for further upside. The "cup" is the U-shaped portion of the pattern, while the "handle" is the short pullback that follows.
Recent Price Action:
The stock broke out last week and made a new all-time high, indicating strong buying pressure.
This week, the stock has pulled back, which is a common occurrence after a breakout.
The price is now showing signs of moving up again, suggesting the pullback may be over.
Trading Recommendation:
There are two potential entry points:
Aggressive Entry: Enter now, with a stop-loss (SL) placed below the low of the last candle, at 1123.30. This approach aims to capitalize on the immediate upward momentum.
Conservative Entry: Wait for the stock to break above the supply zone (resistance area), indicated by the green rectangle. This approach provides more confirmation of the bullish breakout.
Rationale: The Cup and Handle pattern, combined with the recent breakout and pullback, suggests that the stock is in a strong uptrend. Entering on the current move up or after a break of the supply zone offers potential for profit.
Disclaimer: This is not financial advice. Do your own research before making any investment decisions.
IRFC Ready to Launch: Buy the Dip Before the BreakoutType: Long (Buy the dip)
Entry Zone: ₹115–₹120
Stop Loss: ₹108.75
Targets:
TP1: ₹150
TP2: ₹167
Reason: After accumulation and manipulation, price broke structure (ChoCH). Expecting a retest before bullish move.
Risk-Reward: ~3.3 to 5.1
Strategy: Wyckoff + Smart Money Concepts (SMC)
Looking bullish for short termThe stock has given a 6 months trendline Breakout with volume. It is forming a triple bottom with higher swing lows.
One can add 50% qty at CMP 138 and add balance on retracement till 130.
Short term targets can be 151.5 and 164.
This is not a BUY/SELL recommendation and Idea has been shared for Educational Purpose only.
Dr. Tanya Kumar
Nifty 50 Analysis and Dow theory LevelNifty 50 Analysis:
Points discussed in the video-
How we should observe structure when there is a big gap.
Importance of current gap up on major resistance.
Importance of today's closing.
Dow Theory Level:
As per Dow theory, we are heading towards trend change and uptrend will be there.
Once we are in uptrend we will be more confident while trade in "Long" side.
KOTAK BANK - PRICE ACTION - DTFKOTAK BANK is making HH-HL formation, now consolidating and making a base, which seems ready.
Today it made a Hammer candle, there is probability of an upside move.
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For learning and educational purposes only, not trading advice. Please consult your financial advisor before investing.
Nifty 50 Technical Analysis - May 16, 2025Nifty 50 Technical Analysis - May 13, 2025
Current Market Overview:
Closing Price: The Nifty 50 closed at 25,035.30, Up 395.20 points.
Day Range: Low: 24,750.00 | High: 25,400.00
Market Sentiment: The market exhibited strong bullish momentum, driven by positive global cues, including a ceasefire between India and Pakistan and optimism around US-China trade negotiations
Chart for your reference
JKLAKSHMI CEMENT - Bullish Inverted H&S Breakout (Daily T/F)Trade Setup
📌 Stock: JK Lakshmi Cement ( NSE:JKLAKSHMI )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹862 (Breakout Confirmation)
🛑 Stop Loss: ₹807 (Daily Closing Basis) (~6.4% Risk)
🎯 Target Levels:
₹899.60
₹938.85
₹979.80
₹1,022.50 (Final Target)
Technical Rationale
✅ Bullish Inverted H&S Breakout - Classic reversal pattern confirming uptrend continuation
✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone)
✅ Volume Confirmation - Breakout volume 376K vs previous day's 193K (Nearly 2x surge)
✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength
Key Observations
• The breakout comes with significantly higher volume, validating strength
• Well-defined pattern with clear neckline breakout
• Conservative stop loss at recent swing low
Trade Management Strategy
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer ⚠️
This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information.
What do you think? Are you watching NSE:JKLAKSHMI for this breakout opportunity? Share your views in the comments!
HAL Weekly Chart suggest BO above 4680 ... 20% upside Possible.HAL Weekly Chart suggest BO above 4680 ... 20% upside Possible.
HAL looks breaking out from Earlier tops of 4680 after long time. Expect momentum to continue for 20% upside soon.
We can see multiple patterns on chart ... Daily CUP / Weekly CUP / DEC 24 Top Breakout.
LTP - 4736
SL - 4650
Targets - 5680+
timeframe - 10-12 weeks.
Happy Investing.
Cup and Handle Breakout - NAM_INDIANAM_INDIA : The fundamental performance of Nippon Life India Asset Management, including its AUM (Assets Under Management), revenue growth, and profitability, will influence investor confidence and the stock price. Recent quarterly results (Mar 2025) showed a 20.99% year-on-year increase in net sales but a 12.92% decrease in consolidated net profit.
Current Price: ₹702
Pattern: Cup and Handle breakout
Target Expected: ₹900
Duration: 3 to 6 months
Potential Target Calculation:
Factors to Consider Regarding the Target and Duration:
Market Conditions : The overall market sentiment and the performance of the financial services sector will play a crucial role in whether NAM INDIA reaches its target within the given timeframe.
Company Performance : The fundamental performance of Nippon Life India Asset Management, including its AUM (Assets Under Management), revenue growth, and profitability, will influence investor confidence and the stock price. Recent quarterly results (Mar 2025) showed a 20.99% year-on-year increase in net sales but a 12.92% decrease in consolidated net profit.
Volume : Strong volume during the breakout and subsequent upward movement would lend more credibility to the bullish pattern.
Timeframe : Cup and Handle patterns can take anywhere from a few weeks to over a year to form. The handle itself can also vary in duration. Your estimated timeframe of 3 to 6 months for reaching the target after a breakout is within the typical range seen for such patterns, but it's not guaranteed.
Understanding the Cup and Handle Pattern:
Cup : This part of the pattern forms after an advance and resembles a "U" shape. It represents a period of consolidation where the price drops and then recovers to the previous high.
Handle : Following the cup, there's a shorter downward drift or consolidation, which is the "handle." This handle ideally forms in the upper half of the cup.
Breakout : The bullish signal occurs when the price breaks above the upper trendline of the handle. This suggests that the prior uptrend is likely to resume.
Trend Reversal setup in HCLTECH(Inverted H&S Pattern)!HCL Technologies (NSE:HCLTECH) – Bullish Reversal Setup
📌 Pattern Identified: A clear Inverted Head and Shoulders formation is visible on the daily chart, indicating a potential bullish reversal.
✅ Key Observations:
Price has broken above the neckline and also crossed the 50-period EMA, showing strength.
Notable volume buildup at the right shoulder, supporting the bullish move.
RSI is above 60, suggesting improving momentum.
📈 Projected Target: ~₹2,074 based on the pattern's height.
🔻 Stop Loss: Placed slightly below the right shoulder near ₹1,537.
⚠️ Watch Levels:
₹1,696: Minor resistance.
₹1,780: Key resistance level before the target zone.
📝 Conclusion: A breakout above the neckline with volume confirms the bullish pattern. As long as the price sustains above the stop loss, the risk-reward appears favorable.
Disclaimer: Consider my analysis for educational purposes only.
Before entering any trade:
1️⃣ Educate Yourself – Understand market dynamics and technical patterns.
2️⃣ Do Your Own Research & Analysis – Never rely solely on external opinions.
3️⃣ Define Your Risk-Reward Ratio – Ensure your trade aligns with your risk appetite.
4️⃣ Never Trade with Full Capital – Always manage risk and preserve capital.
Trade wisely! ✅📊
EPL Ltd (NSE: EPL) – A Multi-Year Breakout in the Making?Pattern: Symmetrical Triangle | Timeframe: Monthly | CMP: ₹208
Potential Target: ₹430+ | Key Resistance: ₹259.50 | Support: ₹170.20
📐Technical Breakdown
EPL Ltd has been forming a massive symmetrical triangle for over 3 years – a classic pattern that signals a strong directional move ahead. The breakout in 2023 failed to sustain, but what followed was more bullish: a textbook retest of the breakout zone, holding above long-term support at ₹170.
The current monthly candle is showing signs of reversal right at the converging trendline – suggesting bulls are stepping back in. 📈
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🔥Why EPL Could Explode:
* ✅ Breakout from a multi-year consolidation
* ✅ Strong bounce from trendline support
* ✅ Huge price contraction = energy building up
* ✅ Target of ₹430 implies 100%+ upside
* ✅ Solid risk-reward setup for*swing/positional trades
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🛡️Risk Management:
Below ₹170 = setup invalidation. Keep stop-losses tight if trading short-term.
💬 What’s Your View?
Do you think EPL is gearing up for a major move? Drop your thoughts in the comments!
#StockMarket #EPL #NSEStocks #ChartPatterns #BreakoutStocks #HiddenGems #SwingTrade #PositionalTrading #TechnicalAnalysis #TrianglePattern #MultiYearBreakout #TrendReversal #TradingViewIndia #MidcapStocks #SmartMoney #VolumeBreakout #LongTermInvesting
TATAMOTORS - Long for 15 %valuation is decent at current price level
after falling for 8 months, price acion is showing trend reversal
sequence of change is marked with numbers in chart
price crossed 18 day EMA and defended it thrice
on friday , price bounced from 18&50 day EMA crossing pivot level with a wite marbozu
expecting 15 % run in 1 month
target and SL marked
Solar Industry (NSE) at Make-or-Break Level ? NSE:SOLARINDS
Summary:
📈 Key Levels
Breakout: Cleared resistance at 13,300 with a strong bullish engulfing candle.
Pattern: Bullish Flag & Pole (pole size: 3,777.80 points) suggests a measured move target of 17,077.80.
Trend: Price above 20/50/200 EMAs on daily, weekly, and monthly timeframes.
Risk: Overbought RSI (14) and bearish MACD crossover hint at potential consolidation.
________________________________________________________________________________
Technical Analysis
1. Bullish Structure Confirmed 🚩
Bullish Engulfing Candle : Broke above critical resistance at 13,300 (near all-time high), signaling bullish momentum.
Flag & Pole Pattern: The "pole" (3,777.80-point rally) followed by a consolidation "flag" suggests a potential repeat of the uptrend post-breakout. Historical symmetry often sees targets equal to pole size.
2. Trend Alignment ✅
Multi-Timeframe Support: Price trades above all key EMAs (20, 50, 200) on daily, weekly, and monthly charts, confirming a strong bullish bias.
3. Divergence Alert ⚠️
RSI (14): Overbought at 70+ warns of short-term exhaustion.
MACD: Bearish crossover on daily charts adds caution.
---------------------------------------------------------------------------------------------------------------------
Trade Setup
Entry Zone:
Aggressive: Current price (above 13,300).
Conservative: Retest of 13,300 as support.
Targets: 17,077.80 (measured move: 13,300 + 3,777.80).
Stop Loss: 13,000 (low of the bullish engulfing candle) or 12,640 (prior swing low) for wider risk tolerance.
Risk Management
Position Size: Risk ≤1-2% of capital.
Confirmation: Watch for a daily close below 13,000 to invalidate the setup.
Conclusion
The Solar Industry (NSE) is at a critical juncture: bullish momentum clashes with overbought signals. While the Flag & Pole pattern and EMA alignment favor a rally to 17,077+, traders must respect the RSI/MACD divergence. A decisive hold above 13,300 could fuel the next leg up, but a breakdown below 13,000 may trigger profit-taking.
Key Action: Monitor price action above 13,300 for confirmation!
📊 Chart Attached | Like/Follow for updates!
Disclaimer: This is not financial advice. Always conduct your own analysis.
#NSE #SolarStocks #TechnicalAnalysis #BreakoutAlert
Short Sunpharma on technical analysis till 1680Siunpharma looks week in daily chart and seems it can fall 1680 zone as per price support on that area where bulls vcan activate and bears will close their position.
📈 Technical Indicators
Moving Averages: Strong Sell
Technical Indicators: Strong Sell
RSI (14): 31.939 (Approaching oversold territory)
MACD (12,26): -13.57 (Bearish)
ADX (14): 30.04 (Indicates trend strength)
Williams %R: -97.69 (Oversold)
🔍 Demand & Resistance Zones
Demand Zone: ₹1,840–₹1,850
Sellers' Liquidity Zone: ₹1,920
Major Resistance: ₹1,960 (All-time high on Sep 30, 2024)
📌 Trade Setup
Entry: Consider long positions near ₹1,850 or upon breakout above ₹1,860
Targets:
Target 1: ₹1,920
Target 2: ₹1,960
Stop-Loss: Below ₹1,820
Risk-Reward Ratio: Minimum 1:2
🧠 Fundamental Insights
Analyst Consensus: Buy
12-Month Price Target: Average ₹2,051.84 (Upside of ~14.98%)
EPS Growth Forecast: 12.3% per annum
Revenue Growth Forecast: 9.8% per annum
Return on Equity Forecast: 16.9% over 3 years
🧬 Recent Developments
Acquisition: Acquired Checkpoint Therapeutics for $355 million in March 2025, enhancing oncology portfolio
Earnings Beat: Q3 FY25 EPS of ₹13.40 vs. estimate of ₹11.98; Revenue of ₹136.75B vs. estimate of ₹133.98B
XAUUSD Ultimate Bullish TargetsBulls - Assemble!
XAUUSD has recently shown a decent pullback. It opens new doors for all traders having a bullish view on Gold. According to my analysis, Gold is mirroring it's previous bull run moves, with a few extra volume bursts (50-100 pips) here and there.
So, the max upside potential for Gold is 3680 - 3700 which is Approximately 4000 pips from the current price (3300). This would be my absolute last target, after which it should see a decent correction once again because that would be extremely overbought region.
Refer to the chart for key reversal zones.
Let's see what happens.
Trade Safe, Don't overleverage your positions.
Cheers!
Shriram Pistons - Wedge BO NSE:SHRIPISTON Made Beautiful Chart Structure today after Q4 Results with Good Price and Volume action.
Wedge Breakout Pattern History:
The chart displays a remarkable track record of successful wedge breakout patterns, which has become a defining characteristic of this stock's technical behaviour:
Past Wedge Breakout Sequence:
First Wedge (2022-2023): Initial falling wedge formation around the ₹550-700 range, which broke out to the upside and catalysed a strong rally.
Second Wedge (Mid-2023): Formed after the first major run-up at the ₹1,000-1,200 level. This wedge breakout propelled the stock toward the ₹1,600 level.
Third Wedge (Early 2024): A more compact wedge pattern around ₹1,800-2,000 that triggered another significant upward move.
Fourth Wedge (Recent): The latest wedge formation, which has just broken out with today's massive 14% price surge.
Pattern Reliability:
What makes this technical setup particularly compelling is the consistency of these wedge patterns:
Each wedge has followed a similar compression pattern
All previous breakouts have led to substantial price advances
The patterns have maintained their predictive validity across different market cycles
The breakouts have consistently occurred on higher-than-average volume (implied by the large price bars)
Current Breakout Analysis:
Today's 14% surge represents a powerful breakout from the most recent wedge pattern:
The breakout has occurred with exceptional momentum (nearly 20% gain on a weekly TF)
The price action has cleared both the upper trendline resistance and previous swing highs
The stock is now approaching its all-time high of ₹2,399.00
Price Structure & Technicals:
Beyond the wedge patterns, the stock shows several positive technical characteristics:
Consistent stair-step pattern of higher lows and higher highs
Each consolidation period (wedge) has been followed by robust expansion
Primary trend remains strongly bullish with price well above major moving averages (implied)
Each breakout has established a new support level at the previous resistance
Projection Based on Historical Pattern:
Given the stock's history of successful wedge breakouts:
The measured move projection from this breakout suggests a potential target in the ₹2,400-2,600 range
The stock could reach new all-time highs if the pattern's reliability continues
Previous breakouts have generally resulted in 20-30% moves from the breakout point
Key Levels to Watch
Immediate Resistance: ₹2,399.00 (all-time high)
Support: ₹1,950-2,000 (previous wedge upper boundary, now potential support)
Secondary Support: ₹1,800 (previous consolidation level)
Conclusion:
Shriram Pistons & Rings demonstrates a remarkably consistent pattern of wedge breakouts that have reliably preceded significant price advances. Today's powerful breakout continues this technical signature, suggesting the potential for further upside if historical pattern reliability maintains.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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Disclaimer: "I am not 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.
SEQUENT SCIENTIFIC By KRS Charts8th May 2025 / 10:30 AM
Why SEQUENT SCIENTIFIC?
1. Technically it is showing Potential for movement.
2. In Past Already Got More than 50% Returns but important thing is as per Dow Theory it is making Higher Low.
3. In 1D TF multiple Breakouts with Above avg Volume is visible.
4. This is 1M Time Frame , so View is Medium to Long term.
T1 is already Achieved in Past but again after Retracement T1 & T2 will be same as before from current price.