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SBILIFE🔎 Key Observations: Base Breakout on Decent Volume – Price successfully broke out of a long accumulation phase. 200-Day MA Rejection – Faced resistance at the critical moving average, leading to a pullback. Retesting the Base – The stock is currently stabilizing after the rejection. 🚨 Trading Plan: ⚠️ Wait for a Strong Close Above the 200-Day MA 📈 📊 Volume Confirmation Needed: A breakout should be accompanied by higher-than-average volume to confirm strength. 📌 Final Thoughts: The structure remains bullish, but a clear 200 MA breakout is the key trigger. Patience is key! 🔥 What’s your take? Will it break through or retrace further? Comment below! 👇📊🔥
NSE:SBILIFELong
by Sudhi4488
3
Inverse H&S Forming on Daily TF – on #TorrentPharmaInverse H&S Forming on Daily TF – Price Testing Resistance Trendline. What’s Next? An Inverse Head & Shoulders (H&S) pattern is taking shape on the daily chart, suggesting a potential bullish reversal. Price is now testing a key resistance trendline—will it break through? 🔹 Bullish Confirmation: A breakout above resistance could confirm the pattern, targeting higher levels. 🔹 Bearish Rejection: If price gets rejected, the setup may fail, leading to a retest of nearest support. Key Levels: Neckline (resistance) & trendline breakout zone. Thoughts? #PriceAction #TradingSetup
NSE:TORNTPHARMLong
by Alert_Trader
1
Brain Hunts, Wallet Hurts!In this brief article, I aim to throw some light upon a typical trader's psychology, which is often swayed by greed and fear, and the constant battle between careful analysis and impulsive decisions. Traders who actually trade and not just analyze understand that the stock market is not merely a game of numbers- it’s a psychological battlefield where your own mind can turn into your sneakiest opponent. You’ve got your charts, your indicators, and your gut screaming at you, but many a times, your prediction could be a game spoiler. That little voice in your head saying, “I’ve got this figured out,” can lead you straight into a trap. Let’s break this down with two classic trader blunders (of course there are more) and sprinkle in some brain science to see why we keep doing this to ourselves and how to fight back. Situation 1: The Pullback That Never Came Imagine a situation when you’ve been watching a stock like a hawk, waiting for that sweet dip to jump in. But the price keeps climbing, and you’re sitting there, twisting your hands, grunting, “It’s going to pull back soon”. Then, your patience snaps and you say, “screw it, this thing’s not dropping anytime soon- I’m calling it”. You hit the buy button at what turns out to be the tippy-top, proudly predicting endless upside. Perfect moment when the whole universe starts laughing in your face while the price tanks the second your order fills, and you’re left holding a bag heavier than your ego. What happened here? System 1 of your brain- the impulsive hotshot- got tired of waiting and convinced you the pullback was a myth. Meanwhile, System 2, the slow-mo logical analyst- was napping on the job, too lazy to double-check the trend or your risk plan. The result? A prediction born from frustration, not facts, and a bruised trading account to show for it (see the first figure on chart) Situation 2: Going to the Moon Call Now imagine when you nail a trade with a solid 1:3 risk-reward setup. The price hits your target and you are high-fiving yourself in your head. But wait, the momentum is insane! The chart’s practically vertical, and your inner fortune-teller pops up saying: “this is just the beginning, it’s going way higher.” So, you ignore the initial 1:3 profit button, predicting a jackpot just around the corner. But caution- the market doesn’t care about your crystal ball. The price may fall faster than the Adam's apple, and you will be booking a loss instead of sipping champagne (see figure 2 in the chart). Here’s the brain glitch: System 1, that greedy adrenaline hotshot, saw the momentum and screamed, “More, more, more!”. System 2, the voice of reason, should’ve stepped in with, “Hey, dummy, take the win- you hit your target.” But nope, Mr.1 is drowned in the thrill of that chase. Your prediction wasn’t analysis, it was hope dressed up as logic. The Psychology Behind the Madness Our brains are wired into two systems, straight out of Daniel Kahneman’s book. System 1 is the lightning bolt- emotional, instinctive, and prone to jumping the gun. System 2 is the nerdy analytical- slow, deliberate, and obsessed with data. Trading is tough because the market moves fast and System 1 loves to take on the wheel, especially when predictions feel like a superpower. Problem is, it’s usually guessing and not knowing. System 2, meanwhile, gets lazy unless you force it to wake up and do the math. How to Outsmart Yourself So, how do you stop your predictions from stabbing you in the back? Lean harder on System 2. Build a trading plan with clear rules—entry points, exits, profit targets—and stick to it religiously. When your senses are itching to predict the next big move, pause!!! Ask yourself, “Is this my gut talking, or my chart?” Needless to mention, the market doesn’t care what you think, and it will do what it is going to do anyway. Your job is not to outguess or outsmart it, your job is to outthink yourself. So, next time you’re about to bet on a hunch, give System 2 its fair chance. Your trading account will thank you and you might just sleep better at night 🙂 I hope you like the writeup. Do like and comment if you feel necessary.
NSE:NIFTYEducation
by Bravetotrade
19
As quoted on 30th Jan 2025 3100 $ has finally being approched.As quoted on 30th Jan 2025 3100 $ has finally being approached. The daily chart shows that Gold price has almost tested the ascending triangle target, measured at $3,080. Therefore, a minor pullback cannot be ruled out in the near term. Additionally, the 14-day Relative Strength Index (RSI) has entered the overbought region, currently at 72.50, lending credence to the retracement outlook. If a correction unfolds, the immediate support for Gold buyers is at the $3,050 psychological barrier, below which the March 26 low of $3,012 could be tested. Further down, the $3,000 round level will emerge as a significant support level. On the other hand, if buyers manage to hold ground, the next topside target is seen at the $3,100 threshold. Fresh buying opportunities would emerge above that level, opening doors for an advance toward the $3,150 level.
FX_IDC:XAUUSD
by XAUUSDANALYST
4
Coal India Ltd - Breakout & Retest with Bullish MomentumCoal India Ltd has successfully broken a key resistance level and is currently retesting it, indicating potential bullish continuation. Entry zones are well-defined with a stop-loss to manage risk. Targets align with previous resistance levels, confirming strong risk-reward potential. ⚡ Key Technical Points: - Resistance Breakout & Retest: Price has broken resistance and is retesting, a bullish confirmation signal. - Resistance Breakout & Re-test 🔵 - Entry 1 - 401 🟢 - Entry 2 - 354 🟢 (Support Zone) - Stop-Loss below 346 🔴 (Risk Management) - Target 1 - 440.80 📈 - Target 2 - 502.75 📈 Why This is a Technically Strong Setup: - ✅ Resistance Breakout & Retest: Price has broken a key resistance and is retesting it, a classic bullish continuation signal. - ✅ Strong Support Levels: The 354 zone has acted as a solid support multiple times, making it a high-probability entry. - ✅ Moving Averages Alignment: Price is reclaiming key moving averages, signaling trend reversal. - ✅ Volume Confirmation: The breakout was backed by increasing volume, adding strength to the move. - ✅ Favorable Risk-Reward Ratio: Defined stop-loss below 346 minimizes downside risk while upside targets offer a strong reward. - ✅ Higher Highs & Higher Lows: Market structure suggests a shift to an uptrend. 🚨 No financial advice. Do your own research.
NSE:COALINDIALong
by Pattern_Ninja
8
Technical Analysis of MOLD-TEK TECHNOLOGIES LTD (NSE) - Monthly Chart Pattern: Cup and Handle Breakout with Retest The chart displays a cup and handle pattern that completed a breakout in early 2023. The price surged significantly post-breakout, reaching new highs. However, after the sharp uptrend, the stock has corrected and is now retesting the breakout zone, which aligns with a long-term trendline. Key Technical Observations 1. Support and Demand Zone (Retest of Breakout) The stock has fallen from its highs and is currently testing a critical support zone around ₹120 - ₹145. This zone represents the previous breakout level from the cup and handle pattern. A strong bounce from this area suggests that buyers are defending this demand zone. 2. Long-Term Trendline Support The red diagonal trendline, drawn from past swing highs, has historically acted as resistance. After the breakout, this trendline is now acting as a support. The stock has bounced off this trendline, indicating a potential reversal. 3. Volume Analysis Increased volume was seen during the cup and handle breakout, confirming the strength of the move. Recent volume spikes on the dip suggest accumulation by strong hands. A rise in volume on a reversal would confirm buyer strength. 4. Fibonacci Retracement & Mean Reversion The current correction aligns with a 50%-61.8% Fibonacci retracement from the previous rally. This is a healthy retracement level, often indicating the end of a correction. Mean reversion to previous support zones before resuming the uptrend is common in strong stocks. 5. RSI & Momentum Indicators While RSI is not explicitly shown in the image, the deep correction suggests oversold conditions. A bullish divergence (price making lower lows, but RSI making higher lows) would strengthen the reversal case. Conclusion & Strategy Bullish Case (If the stock holds ₹120 - ₹145) If the stock sustains this level and forms a higher low, it could resume an uptrend. Breakout confirmation would come if the price reclaims ₹180 - ₹200 with strong volume. Potential targets: ₹250, ₹280, and ₹350 in the long run. Bearish Case (If ₹120 breaks) A breakdown below ₹120 could lead to further downside, possibly towards ₹90 or even ₹68. This would invalidate the bullish retest scenario. Action Plan For Long-Term Investors: This could be a buying opportunity if support holds. For Traders: Look for bullish confirmation before entering. Stop-loss near ₹120.
NSE:MOLDTECHLong
by Charts_insiders
3
EURUSDIf you go on 4H you can see to the left in the last couple of months EurUsd has consistantly been making HH and it has been in an up trend, however on Monday market open price has made an important new leg and new Trading range was made. Not the strongest one yet, however suitable for looking for trades. On the rigth side of the screen you can see I where I have looked for a trade opportunity. If you zoom in on an 15 min time frame you can see great short opportunities today, 2 to be exact. Waiting for price to drop and take out the most recent low. Now there is more of a educational explenation while on 15min you can go and see what is happening into the region where the price is currently sitting at. Blessings, T
by Tilen_FX
8
REC : Bullish due to break out from inverted Head & Shoulder INVERTED HEAD & SHOULDER - stock is now bullish after breaking out an inverted head & shoulder pattern with strong confirmation of a green candlestick BULLISH MACD - MACD indicator of this stock is very bullish now with macd line having crossed over signal line properly over a period of time WHITE CLOUD COVER - apartfrom it a white cloud cover candlestick formed in the right shoulder indicating bullish movement PROFIT TARGET - 463 level STOP LOSS - 412 level
NSE:RECLTDLong
by peace_lover
3
AXIS BANKTechnical Analysis Report Stock Overview: Axis Bank Ltd - NSE - Current Price: ₹1,097.85. Axis Bank Ltd is a prominent private sector bank in India, offering a wide range of financial services, including retail banking, corporate banking, and treasury operations. Key Levels: Support (Yellow Zone): ₹926.70 - ₹952.52 Swing Zone (Green Zone): ₹1,015.00 - ₹1,091.53 Technical Indicators: RSI (Relative Strength Index): The RSI value is 52.62, indicating neutral momentum as it is close to the midpoint of 50. Volume: The trading volume is 8.28M, reflecting moderate investor interest. Higher volume often signals stronger price movements. MA (Moving Average): The stock is trading above its 50-day moving average (₹1,091.53) but below its 200-day moving average (₹952.52), suggesting a mixed trend. Sector and Market Context: Axis Bank operates in the financial sector, which has been experiencing fluctuations due to economic conditions, interest rate changes, and regulatory policies. While the overall market shows signs of recovery, uncertainties persist, impacting the banking sector's performance. Risk Considerations: Potential risks include changes in interest rates, regulatory shifts, economic downturns, and geopolitical events. These factors could influence the stock's movement and overall market sentiment. Analysis Summary: Axis Bank Ltd presents a mixed technical outlook with identified support and resistance levels. The RSI indicates neutral momentum, and the volume suggests moderate investor interest. Moving averages provide a mixed trend signal. Investors should carefully consider sector and market conditions, along with potential risks, before making investment decisions.
NSE:AXISBANKLong
by TechnicalAnalystSucrit
2
Mankind Pharma - Breakout out of Falling Wedge PatternMankind Pharma is one of the 4 largest Pharma from domestic market perspective. It has fallen 30% from peak price, but has recently given BO from fallen wedge pattern. This looks a great stock: 1. 4 brands are having top market share and growing 2. First Co. to make oral anti-obesity medicine 3. Acquisition of BSV has made a very strong hold in women healthcare 4. Best YoY results with rising EPS Technically also, Pharma sector looking strong and especially top 5 Indian Pharma Industry companies which includes Mankind Pharma. Keep this in your radar. Keep following @Cleaneasycharts as we prvoide Right Stock at Right Time at Right Price!! Cheers!!
NSE:MANKINDLong
by Cleaneasycharts
1
RIDING THE WAVE - CUP & HANDLE BREAKOUT IN MANAPPURAM FINANCESymbol - MANAPPURAM CMP - 234.16 Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC. Manappuram Finance Ltd. has recently demonstrated a significant bullish breakout, having formed a classic cup and handle pattern on a larger time frame and breaking out with strong volume. The cup and handle pattern is a well-regarded bullish breakout formation, and when it occurs on weekly or larger time frames, it tends to be highly reliable, indicating a robust upward momentum. Currently, the stock price may retest the breakout zone, which coincides with the previous resistance area; now turned support - around the 230 to 217 range. This retest is a natural price action behavior and offers an attractive entry point for long positions before the stock continues its upward trajectory. The target for this breakout, based on technical projections, is around 350, representing a 60% upside from the current market price. Given the strength of the breakout and the established pattern, this target appears achievable over the medium term. For risk management, a stop loss can be placed around the 197 level, providing a reasonable cushion in case of a price reversal. From a broader perspective, the formation of a cup and handle pattern coupled with a successful breakout on higher time frames adds a significant bullish bias to the stock. Investors looking for a favorable risk-to-reward setup may find this an opportune time to initiate or add to their positions in Manappuram Finance. Disclaimer: The information provided here should not be construed as a buy or sell recommendation. It reflects my personal analysis and my trading position. Please consider this trading idea for educational purposes only. Thank you!
NSE:MANAPPURAMLong
by akshit_official
10
NIFTY detailed countingAs discussed in the last post, NIFTY's price has crossed over 23026.85 before 21st March so we can count the current move as wave (3). We can also see that price has broken the base channel, which is an important sign of wave (3) progression. The detailed counting is given in the chart. As we can see, the price is in subordinate wave 3 of the bigger wave (3). The minimum target of Trending Impulse is 161.8% as per the rule. We can expect the price to touch that level in the upcoming session. I have marked, for now, a bigger wave (3) (in red) at 161.8% but as mentioned earlier, it is just the minimum target of it and the price may go beyond this level too. This analysis is based on Elliott Wave theory and Fibonacci. This is not any buying recommendation. This analysis is for educational purposes only.
NSE:NIFTY
by theprofityogi
1
Investing in Europe's defence industry : Saab ABHello, Saab AB (publ) provides products, services, and solutions for military defence, aviation, and civil security markets Internationally. The company operates through Aeronautics, Dynamics, Surveillance, Kockums (shipyard), and Combitech (technical consulting) segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft. It also provides ground combat weapons, missile systems, torpedoes (self-propelled underwater missiles), unmanned underwater vehicles, training and simulation systems, and signature management systems for armed forces; and niche products for the civil and defence market, such as underwater vehicles for the offshore industry. Europe is currently undergoing its most significant strengthening of total defence since the Cold War and Sweden is not being left behind. In response to a shifting international landscape, European countries are rapidly rearming, adding substantial investments into both its civil and military defences. By 2030, In Sweden alone, defence expenditures are expected to receive over SEK 200 billion (18 million euros). Military spending is projected to hit 2.6% of Sweden’s GDP by 2028. A robust Swedish total defence doesn’t just bolster Sweden’s own security—it also reinforces NATO’s and in place Europe’s defence systems as well. As Europe rearms itself, it will be looking at Sweden’s top arms manufacturer to build on stock for equipments. According to a Sweden's security police (SAPO) report released in March 2025, Russia poses the greatest threat to Sweden due to its aggressive attitude towards the West. Sweden became a Nato member last year (March 7, 2024), seeing it as the best guarantee against Russia. These risks provide an opportunity for Sweden’s top defence manufacturing contractors Saab AB. Saab AB recognized for designing and manufacturing military aircrafts, like the Saab JAS 39 Gripen, a highly regarded multirole fighter jet. The Gripen rivals the F-35 in capability, and though it lacks stealth, it cleverly jams enemy radar to stay off the grid. Plus, it’s a budget-friendly alternative to the pricier F-35s. It is very likely that European countries will prefer the JAS 39 Gripen over the US made F-35’s due to the current political environment and recent news that the US had an ability to apply a kill switch on European F-35’s. The company also manufactures air, land and sea artilleries. In August 2024, The U.S. Army awarded Saab an Indefinite Delivery, Indefinite Quantity (IDIQ) contract, which allows the U.S. Army to place orders for up to $494 million over five years for the XM919 Individual Assault Munition (IAM) programme. On the customer side, Saab has a global customer base, with notable presence in countries like Sweden, Czech Republic, Hungary, South Africa, Thailand, Brazil, Canada, United States of America and the UK. Just six days ago (March 2025) Saab received a contract modification award from the U.S. Marine Corps for additional Marine Corps Training Instrumentation Systems (MCTIS) equipment. The order value for this award is USD $37 million (SEK 375 million) with deliveries taking place from 2025 to 2027. Separately, Saab has also signed a memorandum of understanding with Radionix (a Ukrainian defence company), on bolstering Ukraine’s capabilities. This partnership will zero in on developing and maintaining sensors and defence electronic systems. This covered Ukraine when the United States could not provide military intelligence to Ukraine. Saab’s equipment has been battle-tested and proven effective, making it a preferred choice for advanced military forces worldwide. The Europe, EU efforts to boost defence through resource pooling and coordinated procurement are creating great ground for Saab’s growth. The company is well-positioned to meet rising demand for its support weapons, tank attack artillery, sensor systems, airborne early warning, and surface radar systems. As European nations restock their military arsenals, Saab’s prospects look even brighter. Canada is a Saab customer—and it’s rethinking its defence strategy after it had canceled the Saab contract and gave it to Lockheed Martin. After a recent tariff spat with the United States, Canada’s new prime minister, Mark Carney, signalled a shift. “It’s clear that our security relationship is too focused on the United States. We must diversify,” he told reporters during a visit to London. With Canada spending roughly 80% of its defence budget on American weapons, the push for alternatives could open doors for Saab since they have worked together before. Globally, escalating tensions—especially between the West, China, and Russia—are driving defence budgets upward, particularly in Europe and the Asia-Pacific. Spurred by the Russia-Ukraine war, nearly every European country plan to raise defence spending to at least 2% of GDP in the coming years. For Saab, this spells long-term opportunity, letting it capitalize on its geographic reach and diverse product line-up. The EU’s executive arm expects around 650 billion euros ($702 billion) to be unlocked through this initiative over the next four years. Even if only a small percentage (5%) of that trickles down to Saab each year it would more than double the company’s current revenue. This fundamentals, geo-politics and technical analysis makes the stock a strong buy for the medium/long term. A correction would provide better opportunities for entry. Rationale for Saab is well positioned to capitalize on growth in European defence budgets in the next five years. The company is an international leader in antitank weapons, radar, and electronic warfare, allowing it to take full advantage of the surge in demand Saab is the largest defence contractor for Sweden and among the biggest in Europe. It is set to benefit from the country's admission to NATO and the increase in its defence budget to SEK 300 billion between 2023 and 2025. Risks to consider Saab's sales depend on military funding, where contracts are awarded in an inherently political and uncertain process. Future growth partially targets countries that are not included in European and NATO alliances, with potential geopolitical risks and shifting alliances precluding company deliveries. A persistent valuation overhang due to increased ESG pressure on investment mandates will weigh on global defence shares even as earnings grow. Next earnings report date: April 25, 2025 PE ratio: 50.30x Industry average: The industry is trading at a PE ratio of 54.3x Market cap: 207.8B SEK
OMXSTO:SAAB_BLong
by thesharkke
2
Asian Paints Ltd (NSE: ASIANPAINT) - Breakout AnalysisAsian Paints is showing a potential breakout from a falling wedge pattern, which is a bullish reversal pattern. Key Observations: Pattern Formation: The stock has been in a falling wedge since November 2024 and is now attempting a breakout. Breakout Confirmation: The price has moved above the wedge's upper trendline and is testing it as support. A confirmed breakout could push the stock towards higher levels. Support & Resistance Levels: Immediate Support: ₹2,228 Breakout Level (Entry): ₹2,301 Target 1: ₹2,566 Target 2: ₹2,771 Major Resistance: ₹3,399 Indicators & Volume Analysis: ✅ RSI (Relative Strength Index): RSI is around 49.44, rising towards 58.31, indicating increasing momentum. A breakout above 50 could confirm bullish strength. ✅ Volume Analysis: Volume has been picking up, signaling buying interest. A surge in volume post-breakout will add conviction. ✅ Risk-to-Reward Ratio: 1:3.64, making this a favorable trade setup. Verdict: Bullish The stock is showing signs of a trend reversal with a potential breakout from the falling wedge. Plan of Action: BUY at ₹2,301 once the breakout is confirmed with volume. Stop Loss: ₹2,228 (below recent support). Target 1: ₹2,566 Target 2: ₹2,771 Trailing Stop Loss: Move stop-loss higher as the stock progresses. A breakout above ₹2,301 with strong volume could trigger a momentum rally. Keep an eye on volume and RSI for further confirmation. 🚀
NSE:ASIANPAINT
by finnova_
4
Pcbl Chemical – Supply Turned Demand, Higher Lows & Breakout Set📊 Stock: PCBL CHEMICAL LTD (NSE) – 1W Chart 📈 Bullish Structure Developing! Supply turned into demand! Initially, the stock faced a strong supply zone, leading to a correction and consolidation. Breakout & Sustained Move – After breaking out, the stock sustained above the breakout level for a long period, confirming demand at this zone. Higher Lows Formation – A classic bullish structure is developing, indicating accumulation. CT Base Breakout Approaching – The stock is breaking out of a contraction phase, which could lead to further upside. Volume is a concern, but price action remains strong. A volume pickup could fuel a stronger move! 🚀 💬 What’s your take on this setup? Are you tracking PCBL? Drop your thoughts below! ⬇️
NSE:PCBLLong
by Averoy_Apoorv_Analysis
2
SPLPETRO : #SPLPETRO #swingtrade #patterntrading SPLPETRO : Swing Trading >> Inverse H&S pattern visible >> Good Strength in Stock >> Volume Building up >> Risk Reward Favourable Swing Traders can lock profit at 10% and keep Trailing Please Boost, comment and follow us for more Learnings. Note : Markets are still Tricky and can go either ways so don't be over aggressive while choosing & planning your Trades, Calculate your Position sizing as per the Risk Reward you see and most importantly don't go all in Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
NSE:SPLPETROLong
by moneyfesttrading
7