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"Wipro’s Ascent: Ready for Takeoff ?"WIPRO buy above 581 Tgt 641, 719, 814,945 SL 520 Wipro seems to be comfortably resting at 581, but there's an energy in the air suggesting it’s gearing up for a serious ascent. With potential targets at 641, 719,814, 945 and maybe even an ambitious leap to 672, this stock looks like it’s ready for liftoff! 📈 It's as if Wipro suddenly decided, "Why linger in the 500s when I could aim for new milestones at 610 or even 652?" It’s eyeing those higher levels with the drive of an eagle that just had a double shot of espresso! ☕🦅 For those who trust in the mix of positive momentum and solid chart signals, keep your eyes open—672 could be closer than it seems. Sure, the climb might be challenging, but if Wipro's this determined, who are we to doubt? Just remember to set those stop losses and have a backup plan ready, in case the eagle opts for a side glide. 🪂 Here’s to Wipro’s journey upward! Let’s see if it reaches new heights or enjoys a pause at 581. Either way, it's bound to be an exciting ride! 🚀 "Trade smart and always respect risk." Happy trading!
NSE:WIPROLong
by biplab86
2
SIRCA PAINTSRange of Wall coating, Wood Coating, Metals, and Glass Coating products. Its offerings under various brands include: Sirca: Luxury Italian Wood Coatings, High-end Wall Paints. Unico: Mass -market Wood Coating products. Oikos: High-end Decorative, Solid Colour Finishes and Texture Coatings. DuranteVivan: Adhesives Product Portfolio. Co. is in the top 3 premium category wood coatings brand in India and Market leader in premium wood coatings in North India. Sirca is the Exclusive licensee for product sales to Nepal, Bangladesh & Sri Lanka
NSE:SIRCALong
by TechnicalAnalystSucrit
2
Looking Very Strong For Longterm Investment 📊 Bannari Amman Sugars ✅ The stock has recently broken out above a massive 18-year-old resistance trendline, a highly significant technical event. This breakout from such a long-term resistance level indicates a major shift in sentiment and could lead to substantial upside as the stock enters a new growth phase. ✅The stock is comfortably trading above its 50 EMA and 100 EMA reinforcing the bullish trend. These EMAs are acting as dynamic support further validating the strength of the recent breakout. A pullback to these levels would likely attract fresh buyers. ✅ The breakout has been accompanied by a noticeable increase in trading volume, suggesting strong buying interest. Such volume behavior typically reflects institutional participation which is essential for sustaining a long-term rally. ✅ The RSI currently stands at 59 well below the overbought zone, suggesting ample room for further upside. The RSI has shown consistent strength indicating that the stock is building momentum for a continued upward move. 🚨 Following the breakout the stock’s immediate target is 4000 with a potential extension towards 4200 if the bullish momentum continues. These targets are based on the breakout projection from the previous resistance zone. 🚨The 3000 level now acts as a critical support having served as a resistance before the breakout. Any pullback towards this level should be seen as a buying opportunity especially for long-term investors aiming to accumulate shares. 🚨 The breakout above an 18-year resistance line is a powerful signal marking the beginning of a potential long-term uptrend. The combination of strong support from EMAs volume confirmation and favorable RSI levels makes Bannari Amman Sugars Ltd an attractive choice for investors seeking long-term growth.
NSE:BANARISUGLong
by Marketik
3
Cigniti Technologies Ltd - Breakout Setup, Move is ON...#CIGNITITEC trading above Resistance of 1487 Next Resistance is at 1820 Support is at 1319 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CIGNITITECLong
by MandeepSinghKohli
1
SBI: Basement Bound? The Bank’s Bargain Hunt Continues!🐻 SBI: Basement Bound? The Bank’s Bargain Hunt Continues! 🛒 SBI is currently trading at 773, but it’s eyeing the escalator down, with potential stops at 744, 714, 692, and if we really squint, 592! It’s as if SBI’s on a mission to explore every floor in the discount department. 📉 With a series of lower levels looming on the chart, we might be witnessing a full-fledged bargain hunt. SBI seems ready to give us all “generous” entry points — assuming you’re feeling brave enough to step in as it descends. After all, why settle for 773 when 592 might just be around the corner? 😅 If this trend keeps up, SBI could end up giving us Black Friday vibes well ahead of schedule! So, for the optimistic contrarians out there, stay vigilant for a bounce. But for now, it looks like this bear might still have a little more room to roam. 🐻 So, watch those levels carefully, folks — and keep your buy orders snugly below, just in case SBI’s “sale” has a few more markdowns in store! 🎢 Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
NSE:SBIN
by DhirajSinghBais
3
Tight Range Breakout | MFSLFor Education Purpose only!!!! **MFSL stock is already up by 3%, but it’s holding up well in this falling market. I'm charting this stock just for my own perspective and clarity, though I may not be 100% accurate.** FIIs are playing their old trick: 1️⃣ Push prices down 📉 2️⃣ Buy cheap stocks 💰 3️⃣ Wait for rate cuts 📊 4️⃣ Profit big in the next bull run! 🚀 Retail investors, don’t fall for the fear! ✅Stay invested—smart money knows a bull run is coming! News has circulated about the index predicting a target of 24,000 for Nifty and 50,500 for Bank Nifty. The price has already been quoted in the reports. ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. 💡✍️Applied Tools:- ✅Strong Chart Pattern Breakout ✅Channel Pattern ✅Range Breakout ✅Resistance becomes support 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:MFSL
by ReviveTraders
1
AFFORDABLE - Cup and Handle - Breakout - DailyThe chart you provided shows a **Cup and Handle** pattern in the stock **Affordable Robotic & Automation Ltd (BSE)**, which is a bullish continuation pattern typically suggesting the potential for a significant upward breakout once confirmed. ### Key Insights: 1. **Cup and Handle Formation**: - The rounded structure below forms the **cup**, which indicates a consolidation phase followed by a breakout. - After the cup's formation, a small **pullback** occurred (handle), which is typical before a breakout. - The breakout happened when the price surged above the **702.90** level (marked on the chart), but it has now slightly pulled back to **767.55**. 2. **Measured Move Target**: - The chart measures a potential **41.73% move** (target around 994.50 INR) and a larger potential move of **71.61%** from the breakout level, showing a possible price target of **1,056 INR** if the bullish momentum continues. 3. **Support and Resistance**: - **702.90 INR** acts as the key support level, coinciding with the cup's breakout point. - The next significant support is at **610 INR**, which could act as a safety zone in case of a deeper pullback. - On the upside, the previous high near **851 INR** could act as initial resistance before reaching higher targets. The bullish volume spikes during the breakout and handle formation suggest strong buying interest, and if the price holds above key support levels, it could resume its uptrend toward the higher targets.
BSE:AFFORDABLELong
by VCharts_TA
1
INDIAGO PAINT ready to touch IPO price 1 as 11 risk reward ratioINDIGO PAINT has give long 2 and half year consolidation break out. Stock as has been down trend its listed on Feb 2021 Stock has give rounding bottom pattern breakout and multiple pattern at lower time frame. *POSTIONAL TRADE* Buy INDIGO PAINTS At 1650 50% quantities, 50% between 1600-1625 Stop 1485 Target 1 (1:2) 1791 Target 1 (1:4) 1991 Target 1 (1:5) 2091 Target 1 (1:7) 2291 Target 1 (1:9) 2491 Target 1 (1:11) 2691 _Duration 6 months_ Trade as per your risk-taking capacity.
NSE:INDIGOPNTSLong
by pramodchoudhari
2
#nifty directions and levels for October 16th.The global markets are still bullish, while our local market is showing a moderately bearish trend. Therefore, there is no clear direction for the short term. Today, the market may open with a slightly positive start. If this happens, we can expect that Friday's pullback may continue further. Let's explain it one by one. Current View: If the gap-up sustains, we can expect the pullback to continue, with some consolidation around the resistance levels. For Nifty, the expected target range is 25003 to 25059 Alternate View: The alternate view indicates that if the market declines initially, or if it rejects around the immediate resistance, we can expect a correction of38% to50%. > It is important to note that we cannot assume this is a correction even if the market breaks the50% Fibonacci level, as the structure exhibits a bit of a bullish bias. Therefore, we should look for some additional confirmation to predict the correction. If this happens, I will inform you during market hours.
NSE:NIFTY
by Manickamtraders
12
DCAL: Symmetrical Triangle Pattern BreakoutDCAL has recently exhibited a noteworthy breakout from a symmetrical triangle pattern on the daily timeframe, accompanied by a corresponding increase in trading volume. The stock price has successfully breached the upper trendline of the symmetrical triangle, a development that is often indicative of bullish momentum. Such a breakout, supported by substantial volume, suggests a likely continuation of upward price movement. The MACD signal line has crossed above the MACD line, a bullish signal that reinforces the potential for further upward price action. This crossover indicates increasing momentum and buying strength. The RSI is currently reading above 85, suggesting that the stock is in overbought territory. While this may indicate strong buying interest, it is also a signal to monitor for potential overextension in the price movement. Based on the current technical indicators and chart patterns, a position around the price level of 194 . A stop-loss order is suggested at 180 to manage risk effectively. The target price for this trade is estimated at 223 , providing a favourable risk-reward ratio of approximately 1:2. Disclaimer: This technical analysis report is provided for informational and educational purposes only. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Individuals should conduct their own thorough research and/or consult with a financial advisor before making any investment decisions.
NSE:DCALLong
by NiftyNotions
4
LTIM - Getting ReadyThe chart is self explanatory. Since Nov. 21, the price has been forming a Triangular pattern. Already given a breakout of that. Since Jan. 24, A Cup & Handle pattern is formed and a breakout is seen on the charts. At present time, we can observe the retest of the both breakouts. If the price gives a bounce back from present range of 6000-5800 and sustains above, may see a bullish run upto 7000/7500 and even more. If sustains below 5600, the setup goes weak. One should mind the position size according the risk-management. The above illustration is my own view, only for learning and sharing purposes, not a trading advice in any form. All the best.
NSE:LTIMLong
by anandlive
4