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Nifty June Iron Condor Strategy–Range is Back Premiums are JuicyHello Traders! Here’s a plan for calm minds who want to generate passive monthly income by leveraging the power of non-directional option selling. Based on the current Nifty structure and OI data, I’ve spotted a new range-bound opportunity — perfect for executing a safe, hedged Iron Condor setup. Why This Strategy Now? (Based on Chart Analysis) Resistance Zone: 25400-25500 (Heavy supply, multiple rejection visible) Support Zone: 23400-23500 (Major bounce levels, strong OI support) Nifty is currently trading near 24500, well inside this range — perfect for deploying a neutral premium-selling setup. Strategy Setup (Iron Condor – 26 June 2025 Monthly Expiry) Sell 25400 CE @ ₹123 (to protect upside move rejection) Buy 25800 CE @ ₹56 (risk protection on breakout) Sell 23650 PE @ ₹99 (to protect downside move rejection) Buy 23200 PE @ ₹51.4 (risk protection on breakdown) Strategy Highlights (Screenshot – ) Why This Works? (OI Logic + Technical View) Strong resistance visible at 25400–25500 zone with rising CE OI Solid put writing zone at 23400–23500 — confirms downside support Volatility is stable, time decay is in our favor — perfect for Iron Condor writers Risk Management & Exit Plans Exit early if either side breaks with volume Don’t hold till expiry — aim to exit around 70–80% max profit Always keep SL alert at breakdown range breaches Rahul’s Tip "Option writing is not for thrill, it’s for discipline. Iron Condor is a weapon when range is visible — use it like a sniper, not like a gambler." Conclusion If your view is Nifty likely to stay between 23400–25400 for the next few weeks, this Iron Condor setup offers high-quality time-based potential. Use proper lot sizing and risk control — let the theta do the work for you! Have you ever deployed an Iron Condor on Nifty? What was your experience? Drop your thoughts in the comments! If you liked this post, don’t forget to LIKE and FOLLOW! I regularly share high-quality trading setups based on real analysis, OI data, and smart risk-managed strategies. Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
NSE:NIFTY
by TraderRahulPal
9
YESBANK: Riding the Bullish WaveYes Bank has exhibited a notable breakout above the resistance level established in December 2024. This breakout is accompanied by a classic flag pattern formation, which has resolved to the upside—typically interpreted by technical analysts as a continuation signal within an existing trend. A significant increase in trading volume during the breakout phase adds weight to the move, suggesting heightened market participation. Furthermore, the 20-day EMA has crossed above the 200-day EMA, a crossover often referred to as a "Golden Cross" , which is generally viewed as a bullish signal indicating potential for continued upward momentum. The RSI is currently positioned above 60, reflecting sustained buying interest without yet entering overbought territory. From a structural perspective: Immediate resistance may be encountered near the 24.75 level. A secondary resistance zone appears around 28.54. On the downside, the stock seems to have established a support base near 19.54, which could act as a cushion in the event of a pullback. Disclaimer: This analysis is intended solely for informational and educational purposes. It does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Market conditions can change rapidly, and all trading involves risk. Individuals should conduct their own due diligence or consult with a qualified financial advisor before making any investment decisions.
NSE:YESBANKLong
by NiftyNotion
4
BirlaSoft : Giving another Multibagger Opportunity of ~145% ?Hi Friends, BirlaSoft a looking very good in terms of chart formation at this junture. Though The fundamentals are yet to reflect. It usually corrects by 55-75% from the top. This time it has corrected by 60% almost . Now the Target comes out to be around ~600 level (~145%) from the current levels . How Target was calculated : ---------------------------------- yellow parallel lines are for channel which is respected by the stock . The same lower yellow channel line should be treated as stoploss (5-8% below the lower Yellow channel line must be stoploss). Target is Upper yellow line of the channel. Please feel free to share your thoughts & ask if any query related to any analysis done by me . Note : I am not a SEBI registered advisor . Please consider my analysis only for Education purpose .
NSE:BSOFTLong
by yadkr11
7
Ambuja Cement Chart Analysis with Confirm Targets 2025 Cement Industry: A Strong Pillar of India’s Growing Economy India remains the world’s second-largest cement producer as of 2025, and the pace of its growth continues to accelerate. The demand for cement has surged due to infrastructure development projects such as housing construction, road expansion, railways, metro projects, and Smart Cities initiatives. To boost infrastructure development, the Indian government has announced an interest-free assistance package of approximately ₹1.5 lakh crore. Schemes like "Housing for All" and rural-urban housing programs have intensified construction activities across the country. In this dynamic environment, the cement sector is receiving solid support and is expected to grow significantly in the coming years. Ambuja Cement Company Profile Ambuja Cements is one of India’s leading cement companies, established in 1983. It is now a part of the **Adani Group, a diversified and rapidly expanding conglomerate. The company primarily manufactures and sells grey cement and ready-mix concrete (RMC). As the Smart City Mission, metro rail networks, expressways, flyovers, and industrial corridors progress rapidly, cement consumption continues to rise. Several large-scale cement road and railway infrastructure projects are underway across the country, expected to sustain the sector’s momentum over the next few years. Ambuja Cement Technical Analysis Major Resistance Zone: ₹590 – ₹700 ₹590 acts as a strong resistance level, where the stock has previously faced multiple rejections. A weekly candle closing above ₹590 would signal a strong bullish breakout. Once this level is breached convincingly, the stock may **quickly move towards ₹700, testing its previous all-time high. Trading Plan: 1.If the stock gives a weekly close above ₹590, it could be a buy signal. 2. The next potential target would be ₹700** based on the breakout confirmation. Strong Demand Zone: ₹450 – ₹460 Significance of this zone: 1.The range of ₹450–₹460 has consistently shown bounce-back behavior, indicating strong buying interest. 2.Swing traders and investors** can consider accumulating when the stock nears this zone, as historical data shows this level has acted as **strong support**. Stop-loss Strategy: If any **weekly candle closes below ₹445, it could indicate a breakdown of support, and exiting the position would be advisable. Support Zone Trading Plan If the stock drops to ₹450–₹460 and **buying volume** increases, it could present a good buying opportunity. Short-Term Potential Targets First Target: ₹578 Second Target: ₹640 Manoj Strengthen Support – ₹413.50 The level of ₹413.50 is recognized on the chart as a strong psychological and emotional support, named “Manoj Strengthen Support.” Why is this level important? 1. In case of a sudden market correction due to war, global recession, or political instability, this level may act as a temporary strong support. 2. It may prevent further decline and hold price levels in such events. Investor Tip: 1. If the stock declines but this level holds, it becomes a **critical risk-management zone**. 2. Investors can look for potential **bounce-back** opportunities and strengthen their conviction around this level. Ambuja Cement Long-Term Targets (2025–2028) The long-term structure of Ambuja Cement appears bullish, and based on technical charts, the following major targets have been identified: First Target: ₹700 Expected during 2025–26 if the stock gives a strong closing confirmation above ₹590. Second Target: ₹840 If the stock decisively breaks above ₹700 (its all-time high), this target could be achievable in 2026. Third Target: ₹1040 In the long term, if the stock sustains above ₹840, a move towards ₹1040 is likely by 2027–2028. This analysis is based on technical breakouts, price action, and support-resistance principles, and can serve as a strategic guideline for long-term investors.
NSE:AMBUJACEM
by manojshinde27
6
CANARA BANK (50% with in 3 Months Public Sector Banks (PSBs)CANARA BANK (CANBK) has been trading within a 3-month Bullish Megaphone pattern whose latest bottom was on the Merch 03 2025 Low. Since then, the pattern has started its new Bullish Leg, which has been confirmed by the break-out above its 1D EMA20 (Red trend-line) and the 1D RSI's above 60. The previous three crosscover (5-20EMA) hit 10% above move. 1st 5EMA above was +10%, 2nd 20EMA restest Bullish was +16% more than 3rd Bullish move +23% , the stock achieves a +50% gain from bottom with in 3 months, Right now stock near uper channel & Resistance zone (114-118) Still, all candles closed above the previous Resistance 113 level. so we need to seek a confirmation of the bearish continuation and that is the Last big green candle low(109). If rejected then expect an instant drop up 105 level . If not, the last Resistance(118) is the top of the Channel . In both cases, our short-term Target is 105. ***The coming next quarter may prove to be tough for banking services and NBFCs. The upcoming quarter may present challenges for banking and NBFCs due to factors like seasonal shifts in collections, elevated credit costs, and potential stress in microfinance and unsecured loan portfolios. While some sectors like auto loans may see seasonal improvements, others, especially microfinance, may face continued pressure. Potential Challenges: Seasonal Impact: Collections and recoveries are expected to improve due to seasonal factors, but credit costs are projected to remain high, particularly in the microfinance sector. Microfinance Stress: Stress in the microfinance sector, a key concern for NBFCs, is expected to persist, potentially delaying full recovery. Unsecured Loan Portfolio Stress: Stress in unsecured loan portfolios and credit card segments may also continue. Regulatory Changes: Recent regulatory changes, like the Tamil Nadu ordinance, may impact the microfinance sector and potentially distort moral credit discipline. Credit Growth Moderation: The credit growth of NBFCs is expected to moderate in the coming year, indicating a potential slowdown.
NSE:CANBK
by askbiswanath2025
9
Technical Analysis Report: SMS Pharmaceuticals Ltd1. Bullish Flag with Pole (June–July 2024) Bullish Flag with Pole: A continuation pattern formed after a strong upward price move (the pole), followed by a short-term consolidation (the flag), signaling the potential for another breakout upward. Price Action: Strong impulsive rally formed the flagpole, followed by a tight consolidation forming the flag 🚩. Breakout: Confirmed with a high-volume breakout to the upside. Target: Achieved a massive 40% gain in under a month. Analysis: A textbook bullish continuation pattern; traders capitalized on early entry post-breakout. 2. Distribution Phase (August–October 2024) Distribution Phase: A sideways trading range after an uptrend where smart money or institutions start offloading their holdings. Typically a precursor to a market reversal or downtrend. Market Structure: After the sharp uptrend, price entered into a horizontal range. Phase Characteristics: Low volatility, repeated rejections at resistance, high volume on down days—signs of distribution. Interpretation: Institutions likely booking profits, signaling a potential trend reversal. Trader Sentiment: Shifted from bullish to neutral/bearish. 3. Triple Top Formation (Within Distribution Phase) Triple Top Pattern: A bearish reversal pattern marked by three failed attempts to break above a resistance level, indicating weakening momentum and a potential downtrend. Resistance Level: Same peak tested three times without breaking. Breakdown: Confirmed after the third top with a decisive drop. Target: Achieved a "30% downside" move via "short selling", all within a month. Insight: Classic reversal pattern, effectively timed with distribution. 4. Bearish Flag with Pole (During Triple Top Breakdown) Bearish Flag with Pole: A continuation pattern during a downtrend. It starts with a sharp decline (pole), followed by a minor upward consolidation (flag), suggesting further downside. Formation: Sharp decline (pole) followed by a brief upward consolidation (flag). Breakdown: Continuation to the downside, achieving projected target. Target: Fully achieved within the same downtrend cycle. Conclusion: Reinforced the bearish sentiment and amplified the down move. --- 5. Accumulation Phase + Triple Bottom (December 2024–April 2025) Accumulation Phase: A market phase where a stock trades in a range after a downtrend, as buyers (often smart money) gradually build positions, typically leading to a bullish reversal. A Triple Bottom is a bullish reversal chart pattern that forms after a downtrend, marked by three equal lows indicating strong support and a potential trend reversal to the upside. Phase: 5-month Accumulation Phase Pattern: Triple Bottom during this period indicated strong support and buyer presence. Breakout: Occurred with a bullish breakout post third bottom. Target: 20% upside achieved within a month post-breakout. Observation: Long-term investors and smart money potentially entering positions. 6. Rounding Bottom in Progress (May 2025) Pattern: Rounding Bottom (Still Forming) Current Price Action: Gradual curve formation with decreasing volume on the left and increasing volume near the neckline— a bullish sign. Expectation: Anticipated upside breakout in the coming days. Outlook: If confirmed, this could mark the start of a new bullish cycle. 📌 Summary: SMS Pharmaceuticals Ltd. has shown a textbook series of technical patterns—from trend continuations to reversals, distribution to accumulation, and now a potential new uptrend. Each phase was actionable, with clear breakout/breakdown points and well-achieved targets.
NSE:SMSPHARMALong
by Arvind_Share_Academy
7
Who Should Avoid Trading? Is That You? Ask YourselfThere is no doubt that trading is the simplest business in the world. You just need to do a small paperwork which is online these days, need a laptop or PC and an internet connection. Besides that, all you need is time. But here the simplest should not be confused with the Easy. Although you just need a mouse click for execution yet the decision-making process in the background confuses you and leads to hasty or delayed mouse clicks most of the time. Perhaps anybody can start trading at will but in my opinion, followings are a few cases where short term trading should be avoided. If you are not Rich then avoid... Yes, you read it correct. It is rich people’s game. If you don’t have huge money to back you up, you have less probability of success in this business. A small example. I know these days index option trading is in trend. You can buy an option in under 10,000 rupees but the darker reality is that most people starting with small capital are losing money. All brokers in India warns you about this when you open your trading terminal and that is for a reason. Options are hedging instruments, if you are buying them naked with a small capital then you are going to lose because of Greeks- Theta to be more precise. If you don’t have 5 to 10 lakh spares that you are willing to lose without a strain on head, then don’t do this business. Depositing small capital again and again in your trading account is not going to work. If you want to get rich quick then avoid... Everybody choosing short term trading wants to be rich overnight- dreaming of buying a tradable instrument at 10 rupees and selling at 1000. Sadly, most of those thinkers are getting poor and poor day by day. Trading is not a ‘get rich quick’ business, it is all about slow and gradual learning and execution with discipline. This is not lottery or casino, you need to build your capital gradually. This way you learn at each and every step. Even if you make huge money in a few trades or a few days, there are higher chances that you will lose it in lesser number of trades or days. Money earned in haste leads to hasty decisions. Excitement and lack of experience kills. Experience is not about -how many trades you made in a year, it’s about - on how many mistakes you worked in a year. If you are stubborn to change your mindset then avoid... Mindset matters the most in trading. If the following runs in your mind while trading, then you have a lot of work to do on your mindset. I am always correct, I can never be wrong, this trade must work, this strategy must work… I can never be correct, I am always wrong, this trade is going to lose, this strategy is not going to work… In reality, market does not care what you think. It keeps doing what it has to. You just need an Edge and a focus on its execution. This is all what you have in your hands. Neither the market is not going to trend because you are riding that trend, nor it is going to reverse because you think it is going to reverse. It's all about trades going Right and trades going Wrong. Thinking about those in terms of probability might work. If you are new, start working on your mindset right away but if you are in this business for a decent amount of time and still losing then you are stubborn to change. If you do not have a side income then avoid... This business demands money. Initially you are bound to lose. It’s a learning process or fee that you need to pay to the market. You can’t pay your bills from trading, at least in your initial phase. I am not talking about those with the beginner’s luck. These losses can go for even for months and you need a backup which could be any side business or support that can feed your monthly expenditures and refill your trading account as well. Paper trading could be a solution, but real trading is truly different. Emotions play their role when real money is involved and that often lead to unwanted results. Also, always have a Plan B. Give some stipulated time to trading and if it does not work in that much time, move to your side business. If you are not willing to lose then avoid... Aspiring for short term trading and not willing to lose? Then sorry my friend, don’t even give it a try. As I said in the above paragraphs, you will lose money when you trade for short term because trades will go against you several times. If you keep on holding those losing trades in hope, you will lose more by the end of day or week. A simple stop loss could be a solution. Calculate how much you can risk on a trade and identify your SL and position size according to that. Put a hard SL in the system and that’s it. If you have 'don’t want to lose' attitude, then short term trading is not for you. I just hope this article would help some aspiring buds in their trading journy. Do like and comment to motivate for more writeups in future. Regards
NSE:NIFTYEducation
by Bravetotrade
20
SIGACHI INDUSTRIES LTDAs of May 29, 2025, Sigachi Industries Ltd. (NSE: SIGACHI) is trading at ₹50.35, reflecting a 6.95% increase over the previous close. 📊 Daily Support & Resistance Levels Based on the latest technical analysis, the key support and resistance levels for Sigachi Industries Ltd. are as follows: Support Levels: S1: ₹49.60 S2: ₹48.11 S3: ₹45.88 Resistance Levels: R1: ₹53.32 R2: ₹55.55 R3: ₹58.00 These levels are derived from pivot point calculations based on the previous trading day's price range. 🔍 Technical Indicators Overview Relative Strength Index (RSI): The RSI is currently at 87, indicating that the stock is in overbought territory. This suggests that the stock may be due for a short-term correction. Moving Averages: Sigachi Industries is trading above its 5-day, 10-day, 20-day, 50-day, 100-day, and 200-day simple and exponential moving averages, indicating a strong bullish trend. MACD (12,26): The MACD is currently at 2.15, suggesting bullish momentum. 📈 Market Sentiment The technical indicators collectively suggest a strong bullish sentiment for Sigachi Industries Ltd. However, the RSI indicates that the stock is in overbought territory, which may lead to a short-term correction. Investors should monitor the support and resistance levels closely for potential breakout or pullback scenarios. Please note that stock market investments are subject to market risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
NSE:SIGACHILong
by TechnicalExpress
2
INDIAN TELEPHONE INDUSTRIED LTD - NSE | Daily Chart📊 INDIAN TELEPHONE INDUSTRIES LTD (ITI) – NSE | Daily Chart 📅 Date: May 28, 2025 📈 Current Price: ₹309.25 (+9.99%) 📌 Ticker: NSE:ITI 🧠 Technical Analysis Overview ✅ Cup & Handle Breakout 🍵📈 Price action has formed a classic Cup & Handle pattern — a bullish continuation setup indicating a potential uptrend continuation. The breakout is confirmed with a strong bullish candle and significant volume surge today. ✅ Volume Confirmation 📊 Today’s breakout above the ₹288 resistance comes with massive volume (~11.6M), validating strong buyer interest and momentum behind the move. 📍 Key Price Levels 📌 Breakout Level: ✅ ₹288.05 (Previous resistance flipped into support) 📌 Immediate Resistance / Targets 🎯 ₹340 – ₹360 (Short-term target based on pattern projection) 🎯 ₹400+ (Medium-term upside potential if momentum sustains) 📌 Support 🟨 ₹288 (Breakout retest zone) 🟥 ₹270 (Handle support) 📈 Trade Idea Breakout Entry: ₹290–₹305 Retest Entry: Near ₹288 (if price revisits) Stop Loss: Below ₹270 Target 1: ₹340 Target 2: ₹360 Target 3: ₹400 ⚠️ Disclaimer This chart analysis is for educational and informational purposes only. Not financial advice. Always do your own research before investing.
NSE:ITILong
by PriceAction_Pulse
9
A Classic Case of Accumulation Turning into Momentum📈 SUPREME INDUSTRIES LTD – TECHNICAL ANALYSIS 📆 Date: May 27, 2025 🔍 Timeframe: Daily Price Action: Supreme Industries surged over 4% today and delivered a clean breakout after forming a consolidation triangle. The strong bullish candle closed near the day’s high with significant volume, confirming momentum on the upside. Chart Pattern / Candlestick Pattern: Symmetrical Triangle Breakout Pullback Entry Zone Tested Breakout Candle – wide range, strong body Volume Surge – institutional interest visible Technical Indicators: RSI (Daily): 77 – strong bullish zone MACD: Bullish crossover active Stochastic: 98 – overbought but confirming strength CCI: Above 200 – high momentum phase Volume: 791.75K – supportive of breakout Support & Resistance Levels: Immediate Resistance: 4277.93 Next Resistance: 4355.47 Major Resistance: 4490.43 Immediate Support: 4065.43 Secondary Support: 3930.47 Major Support: 3852.93 Possible Fresh Demand Zone: 3837.60 – 3750.90 Chart Overview: This visual clearly shows: 🔸 The symmetrical triangle pattern 🔸 Breakout + retest zone 🔸 Marked fresh demand zone for potential pullback opportunity Educational Breakdown: This setup combines: Price Action: Triangle + Breakout Volume Confirmation: Institutional participation Momentum Indicators: Strong alignment Demand Zone Mapping: Pre-breakout base This is a classic trend continuation setup with clearly defined zones of interest. Risk control is key as price enters overbought territory. Over the past few months, Supreme Industries displayed classic signs of an accumulation zone — a period marked by sideways movement, controlled volatility, and relatively stable volumes. This range-bound behavior typically indicates that long-term investors are quietly building positions while retail participation remains low. Recently, a strong bullish move supported by a significant rise in volume suggests the stock may have exited accumulation and entered the mark-up phase. This phase is often characterized by increased demand, higher price swings, and a clear shift in sentiment from neutral to bullish. The sharp breakout from the range, along with volume confirmation, signals the possible beginning of a new directional trend — where price tends to move swiftly as broader market participants join in. How to Trade Supreme Industries (for learning purpose): Entry Example: 4220.50 Stop Loss: 3781.50 (Risk: 439.00) Target Example: 4659.50 (Reward: 439) Sample Quantity: 50 shares RR Ratio: ~1:1/1:2 etc. Aggressive Traders: May consider riding the trend with trailing stop Conservative Traders: Can wait for a pullback into the fresh demand zone (3837.60–3750.90) ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:SUPREMEINDLong
by simpletradewithpatience
8
End of correction in Hinduja Global SolutionsElliott wave analysis:- A long bear trend has been almost over and we may expect a slight fall from here or the Candle may rise to stars from here. if you wish to be cautious then wait for a pullback for almost 65% to 78%. keep the previous low as your stop loss go for a long ride. i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
NSE:HGS
by n0m0ret0ss
8
Heads Up! ITC Looks Ready to FlyAfter a steady decline from its highs, ITC has made a strong comeback, bouncing perfectly off its trendline support. And now—it’s broken past its trendline resistance! 📈 This breakout could be the start of a new bullish wave, with momentum likely to carry the stock higher in the sessions ahead. 💰 Dividend Alert: ITC has announced a final dividend of ₹7.85 per share, with the ex-date on 28th May. This is the highest dividend declared by ITC in the last 5 years. That could bring some serious action in the next couple of trading days. 🎯 All eyes on ITC—this might just be the breakout we’ve been waiting for!
NSE:ITCLong
by GoodluckCapital
12
Maruti: A good short term opportunity setting upHello, Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. Maruti stock is trading at a very great point from a technical perspective & fundamental. Maruti Suzuki has said its first battery-electric vehicle, the E Vitara, will be exported to more than 100 countries, including Japan and Europe, from India. Investors are focusing on any updates on EV-related initiatives by the carmaker. While the third-quarter net profit margin declined to 9.6% from 9.8% a year earlier due to higher promotional expenses Investors will be closely monitoring margin trends as automakers globally are dealing with relatively high inflation. Maruti Suzuki raised its car prices earlier this month due to rising costs and operational expenses. Investors will be paying attention to the pace of export growth. While the electric car business is facing challenges as more manufacturers are beginning to believe they might not be able to compete with companies such as Tesla, we believe that Maruti Suzuki will continue to be a top manufacturer in its areas of operation. The companies are now choosing to switch to manufacture of hybrid vehicles than electric vehicles. The MACD & Moving averages also point to a strong company that is at a good place to consider buying. We place a target of INR 13,800 on the stock with the entry near the shown support. If you like my analysis, feel free to follow me on Tradingview & comment with the Indian companies you would like me to have a look at. This is my personal trading journal, where I share insights and ideas. At times, I take trades outside ideal conditions to test strategies. Use this as inspiration but always perform your own analysis before making trading. Goodluck!
NSE:MARUTILong
by thesharkke
8
Breakout stock for next weekSky Gold Limited is engaged in the business of designing, manufacturing, and marketing gold jewellery. Co. follows a B2B model where the products are mainly sold to mid-range jewellers and boutique stores who sell these products through online platforms and retail stores. In the Q3 FY25 earnings conference call co. revised revenue guidance to INR 7,200 crore from the previous guidance of INR 6,300 crore, reflecting the addition of new clients like P.N. Gadgil and others. Breakout screener: Descending Triangle Breakout Setup RSI near 65 and rising Trading above EMA50 Volume spurt 5+ months of consolidation Disc: for study, not a recommendation
NSE:SKYGOLDLong
by plus_charts
5
Venus Pipes Explodes 12% Breaking Out of 6-Month BaseNSE:VENUSPIPES Explodes 12%: Breaking Out of 6-Month Base Could Target ₹1,600 as it made a Beautiful Chart Structure Just Before Q4 FY25 Results. Price Action Analysis NSE:VENUSPIPES is experiencing a significant breakout moment, currently trading at ₹1,452.00 with an impressive 12.37% gain (₹159.80). The stock has decisively broken above a critical resistance zone around ₹1,400-1,420 after consolidating in a well-defined base for nearly six months. This breakout comes with strong momentum and represents a potential shift from accumulation to the markup phase. Volume Analysis: Volume is exceptionally strong at 626.33K shares compared to the average of 85.02K - nearly 7.5x times normal volume. This massive surge in participation validates the breakout and suggests institutional buying interest. The volume spike coinciding with the price breakout is a textbook confirmation signal that significantly increases the probability of continuation. Key Support & Resistance Levels: - Newly Broken Resistance: ₹1,400-1,420 zone (now potential support) - Next Major Resistance: ₹1,500-1,520 (psychological level and previous resistance) - Ultimate Target Resistance: ₹1,900-1,950 (red horizontal line - major resistance from earlier highs) - Strong Base Support: ₹1,100-1,150 zone (multiple green arrows showing successful tests) - Immediate Support: ₹1,380-1,400 (previous resistance becomes support) Technical Patterns: 1. Rectangle Breakout: Clean break above the 6-month consolidation range (₹1,100-1,420) 2. Multiple Bottom Formation: Several tests of the ₹1,100-1,150 support zone (marked with green arrows) 3. Ascending Triangle: Recent price action shows higher lows approaching the ₹1,420 resistance 4. Volume Breakout Pattern: Classic high-volume breakout from a prolonged base Trade Setup - Breakout Continuation Primary Entry Strategy: - Entry Point: ₹1,440-1,460 (current levels or minor pullback) - Aggressive Entry: ₹1,420-1,430 (on any retest of breakout level) Target Levels: - First Target: ₹1,520-1,540 (psychological resistance and measured move) - Second Target: ₹1,650-1,680 (extension target based on base width) - Ultimate Target: ₹1,800-1,850 (major resistance zone approach) Risk Management: - Stop Loss: ₹1,350 (below the breakout zone and recent support) - Tight Stop: ₹1,390 for short-term traders - Position Size: Maximum 2-3% of portfolio at risk Alternative Setup - Conservative Approach For risk-averse traders: - Entry: ₹1,480-1,500 (after clearing first resistance convincingly) - Stop Loss: ₹1,420 (below confirmed breakout level) - Targets: ₹1,600, ₹1,750 Pattern Analysis: The stock has formed a solid 6-month base between ₹1,100-1,420, allowing for significant accumulation. The multiple tests of support around ₹1,100-1,150 (green arrows) demonstrate strong buying interest at lower levels. The recent ascending triangle formation within the larger rectangle pattern suggests building momentum that has now been released. Risk-Reward Assessment: - Primary Setup R:R: 1:2.8 (Entry ₹1,450, Stop ₹1,350, Target ₹1,730) - Breakout Target: Rectangle pattern suggests potential for 25-30% move - Failure Risk: Breakdown below ₹1,380 would invalidate the bullish setup Key Technical Factors: The convergence of multiple bullish signals - rectangle breakout, volume confirmation, successful base building, and momentum surge - creates a high-probability setup. The stock has spent considerable time building this base, and the breakout with such strong volume suggests genuine institutional participation rather than retail speculation. Trading Strategy: Traders should look for any minor pullbacks to the ₹1,420-1,440 zone as ideal entry opportunities. The key is to ensure the breakout level holds as support. A sustained move above ₹1,500 would confirm the pattern and likely attract momentum buying, potentially accelerating the move toward the ₹1,650-1,700 zone. Monitor for any evening star or shooting star patterns at resistance levels, which could signal temporary exhaustion and provide profit-taking opportunities. 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 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:VENUSPIPESLong
by Karanshah137
15
Sail long .....SAIL Technical Breakout Setup 📈 Current Price: ₹125.74 (+2.66%) Date: May 23, 2025 Key Technical Levels Entry Zone: Above yellow support zone (₹125-130 range) Stop Loss: Red line at ₹96.33 Target 1: Green dotted line at ₹173.76 (+38% upside) Target 2: Green dotted line at ₹259.10 (+106% upside) Technical Analysis Pattern Recognition: SAIL is forming a long-term triangular consolidation pattern Stock is approaching the apex of a multi-year triangle Blue diagonal trendline acts as major resistance since 2008 highs Yellow horizontal zone provides strong support Current Market Structure: Price is holding above the critical yellow support zone Recent bounce shows buying interest at these levels Volume appears to be picking up on the recent move Probability Assessment Target 1 (₹173.76) Probability: Moderate to High This level represents the previous resistance zone If breakout sustains above ₹130, this becomes achievable Risk-reward ratio: Approximately 1:1.6 Target 2 (₹259.10) Probability: Lower This is an ambitious target requiring significant momentum Would need broader market support and sector rotation Risk-reward ratio: Approximately 1:5.5 Trading Strategy For Aggressive Traders: Enter on sustained close above ₹130 Partial booking at Target 1 Trail stop loss for Target 2 For Conservative Traders: Wait for weekly close above ₹135 Smaller position size given the risk Risk Management: Strict stop loss at ₹96.33 (23% downside risk) Position sizing should reflect the volatility ⚠️ Important Notes: Steel sector performance depends on infrastructure spending Global commodity prices impact fundamentals This is a technical setup - fundamental analysis required separately This analysis is for educational purposes. Trade at your own risk.
NSE:SAILLong
by ramxyz1983
7
VBL on Shaky Ground – SHORT CALL🔻 Short Trade Setup – Varun Beverages Ltd. (VBL) CMP: ₹469.55 RSI: 32.02 (Near oversold but with bearish momentum) 🧾 Technical Overview: Pattern : Rounding Top Formation Signal : Neckline breached, confirming pattern breakdown Implication: Signals intensified weakness, increased probability of price decline 📉 Trade Details: Entry (Short): ₹465 Stop Loss: ₹499 (Above recent resistance & invalidation of breakdown) Target 1: ₹385 ⚠️ Risk-Reward Ratio: Approx. 1:2.3 — favorable for short setup. Key Notes: RSI at 32 indicates strong bearish momentum; nearing oversold but not yet exhausted. Volume confirmation during neckline breach would strengthen the bearish case. Position sizing and strict stop-loss adherence is crucial, as any reversal above ₹499 would negate the pattern. ✅ For more trading ideas like this, make sure to share and follow my Idea Stream! ✅
NSE:VBLShort
by DrPrashantVerma
8
IDBI Bank Breakout -Volume | Can test ₹109 | Cup & Handle ExpHere’s a **technical analysis infographic summary for IDBI BANK LTD** based on the chart you provided: --- ### 📊 **IDBI BANK LTD – Daily Chart Summary** * **Pattern Formed:** ☕ **Cup and Handle (Bullish Continuation)** * The cup formation is clearly visible and a breakout has occurred above the neckline resistance. * **Breakout Zone:** * **Neckline resistance:** ₹87.55 (now acting as support) * **Breakout confirmation with volume** * **Measured Move Target:** * Cup Depth: ₹21.56 * Target = ₹87.55 + ₹21.56 = **₹109.00** * **Current Price:** ₹94.52 (as of the latest candle) * **Volume Analysis:** 📈 * Significant surge in volume on breakout = strong buying interest. * Volume well above moving average – confirms breakout strength. * **Support Levels:** * Immediate: ₹87.56 * Lower: ₹68.00 and ₹65.91 (base of the cup) * **Resistance Ahead:** * Minor: ₹95.99 (recent high) * Target zone: **₹107.99 – ₹109.00** --- ### 📌 **Technical View:** **Bullish breakout confirmed** from a classic cup pattern. Price is heading towards the projected target of ₹109 with strong volume support. Dips toward ₹87–₹90 may provide accumulation opportunities. ---
NSE:IDBILong
by DailyCharts03
2