Bullish Breakout in HCL TechStock breaks above key resistance zone of ₹1770
Strong bullish candle formation on the daily chart
Breakout supported by above-average volume, confirming strength
Price broke out from ascending triangle pattern — a classic bullish continuation signal
📢 Fundamental Trigger:
HCL Tech remains strong in cloud, AI, and digital transformation services
Recent deal wins and strong Q4 results supporting bullish sentiment
Attractive valuation compared to peers like TCS & Infosys
Community ideas
GESHIP Long opportunityThe stock is setting up nicely for a breakout from consolidation and resistance.
The shipbuilding sector remains in focus as government contracts and orders are flowing in for companies.
Cochin shipyard, Mazdock, and GRSE have also moved 25-30% in quick sessions recently.
GESHIP provides a good technical opportunity here and Mutual Funds have also added the stock in the past month/quarters.
DISCLAIMER- I am not a SEBI-registered RA. Kindly do your due diligence and consult your financial advisor.
Nifty 50 Weekly Technical Analysis for June 16 – 20 , 2025
~~ Key Technical Indicators and Levels ~~
-- Current Price and Trend:
As of recent trading sessions, the Nifty 50 closed at 24,718 on June 14, 2024, with a marginal decline. The index has been consolidating after a significant rally post-election results, indicating a pause in the bullish momentum.
The short-term trend remains bullish, but the index is showing signs of consolidation near its all-time high.
#Support and Resistance Levels:
Support: Key support levels are identified around 24,500–24,150 (immediate support),
Resistance: Immediate resistance is at 25000–25,100, with a psychological barrier at 25,000. A breakout above 25,100 could target 25,500 in the medium term.
-- Moving Averages:
The Nifty is trading above its key moving averages (20-day, 50-day, and 200-day EMAs), signalling a bullish trend.
A cooling-off in RSI signal a healthy correction before the next leg up.
Chart for your reference
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
Breakout Alert- MAX HEALTHCAREA classic Volatility Contraction Pattern (VCP) breakout spotted on the daily chart of Max Healthcare!
-6 months of tight consolidation with multiple contraction phases
-RSI > 65 and rising – strong bullish momentum
-Breakout above resistance after multiple rejections (marked with red arrows)
-Volume spike confirms institutional buying
-Trading above EMA50 – trend support holds firm
Watch Zone: ₹1,230+
Support: ₹1,140 / EMA50
Targets (if trend sustains): ₹1,350 / ₹1,500+
Always DYOR (Do Your Own Research) before investing.
LAURUS LABS LTD ANALYSISFOR LEARNING PURPOSE
LAURUS LABS LTD - The current price of LAURUS LABS LTD is 666.60 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone and making 4 year high
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The stock is famous and it belongs to a sector which is defensive and has not done much in last weeks so I am expecting some move from that.
6. The stock was very strong in 2020-2021 and it needed a good rest which it got in last 4 years
7. The stock has been outperforming major Index as well as Sectoral Index which is a good sign
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 588 rupees
I will be managing my risk.
JUBLINGREA Breakout📊 1. Price Action & Pattern Analysis
Breakout Trigger:
Double Bottom at ₹660–₹670 confirmed.
Higher Lows and Higher Highs are clearly visible — a bullish trend structure.
Breakout from trendline resistance with a strong bullish candle on extreme volume confirms buyer interest.
Probable Retest Zone: Around ₹745–₹760, which overlaps with the 38.2–61.8% Fibonacci zone, indicating a good low-risk reentry area if price retests.
Stop-Loss (Aggressive): Just below ₹680 support zone (prior bottom and neckline).
🔍 2. Volume & Confirmation
Massive Volume Spike on breakout day — highest in recent months.
Volume confirms genuine buying pressure, validating the pattern breakout.
🧭 3. Stage Classification
✅ Current Stage: Stage 2 – Markup Phase (Early Stage)
Why:
Breakout from long consolidation.
Volume confirms institutional activity.
Trend structure shifting to higher highs/lows.
Strong retest and breakout of previous resistance zones.
🎯 4. Trade Plan Summary
Metric Value
📌 Entry Range ₹760–₹780 (retest possible)
🧯 Stop Loss (Aggressive) ₹675–₹680 zone
📈 Target 1 (Short-Term) ₹840–₹860 (as shown)
📈 Target 2 (Positional) ₹900+
🔎 Risk–Reward 1:2.5+ (Ideal Swing Setup)
🧠 “So many convincing acts happened here to take trade... Trade for 4 to 5% for consistency.”
✅ Conclusion
This is a classic Stage 2 early breakout with:
Multi-confirmation setup (pattern + trendline + volume)
Well-defined risk-reward
Excellent for swing-to-positional trades
#INDSWFTLABAsset: Ind-Swift Laboratories Ltd (INDSWFTLAB)
Breakout Level: 105 (Wait for retracement first)
Potential Target: 128 (1st target) / 170 (2nd target)
Stop Loss: 97
Timeframe: Short to Medium term
Risk to Reward ratio : 1:3 (conservative for first target)
Rationale:
Fundamentals -
Fundamentally decent stock with the following attributes:
* ROCE - 19.6%
* ROE - 17.4%
* Debt to Equity - 0.02
* Stock PE 7.96 / Industry PE - 33.8 || Stock PBV 0.63 / Industry PBV 3.39 - Company is underpriced
* EPS / Revenue - Increasing over last 6 months
* ADR is 7%
Technicals -
* Overall structure - Price is in the process of making a large rounding pattern and it has recently jumped above the 200 DMA. It will be better to track this stock and enter when the price has retraced and the 10 & 20 DMAs have caught up above the 200 DMA.
* Relative Strength and Momentum slope lines are positive.
* Multiple timeframe analysis - Monthly and Weekly structures are in the process of getting formed.
Market analysis
* The FIIs have suddenly started to show interest in this scrip and hence this has become a candidate for selection and tracking.
* The financials are pretty much ok
* Retail holding has gone down
* Promoters pledge has gone down to zero
* Pharma sector appears strong
* This could be slow accumulation stock although considering high ADR there can be some volatility
Cons
* ADR is low at 3.2% / some reduced holding by DIIs and MFs / Ceiling on left side
This analysis is for educational purposes only and should not be considered as financial advice. Trading and investing in financial markets involve significant risk, and past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any trading or investment decisions. The author is not responsible for any financial losses or damages that may result from the use of this information.
Maruti Moves Steadily Higher Within a Structured Bullish ChannelTopic Statement:
Maruti is on a moderate bullish run, trading within a defined uptrending channel and supported by key price levels.
Key Points:
* The stock is moving in an uptrending channel, making it suitable for consistent channel-based trading
* Price remains mostly above the 180-day EMA, offering good accumulation opportunities near the EMA
* Strong support has been observed at the 13,000 level, with crucial long-term support around 11,000
* A breakout above or below these levels could lead to significant directional movement
AJANTPHARM | Consolidation | Breakout | Daily--
### 📊 **Technical Analysis Summary:**
#### 🔹 **Chart Pattern:**
* **Falling Channel** (Yellow trendlines): Price has been respecting a downward-sloping channel since mid-2023.
* Recently, the price **broke out above the upper trendline**, indicating a **potential trend reversal**.
#### 🔹 **Consolidation Zone:**
* There was a **rectangle consolidation** (boxed region) between ₹2,480 and ₹2,700.
* The breakout above ₹2,700 confirms bullish intent and may act as a new support.
#### 🔹 **Breakout Target:**
* The measured move from the box is **approx. ₹217.75**.
* Adding to the breakout level gives a projected **target of ₹2,920**.
#### 🔹 **Volume:**
* **Volume spike** on breakout day = strong confirmation of the breakout.
#### 🔹 **RSI (Relative Strength Index):**
* RSI broke out of its own **downtrend resistance**.
* Now trading above 60 = bullish momentum building up.
---
### 🎯 **Levels to Watch:**
| Type | Price (₹) |
| ----------------------- | ----------- |
| **Breakout Point** | 2,700 |
| **Current Price** | 2,730 |
| **Target** | 2,920 |
| **Support Zone** | 2,480–2,700 |
| **Volume Confirmation** | Yes ✅ |
---
### ✅ **Conclusion:**
Ajanta Pharma is showing strong bullish signs:
* Breakout from falling channel
* Volume-backed move
* RSI confirmation
**As long as the price holds above ₹2,700**, the upside towards ₹2,920 remains intact.
Pfizer: supply zone breakout-A simple supply zone breakout
-My entry is at 5800, with a stop loss of 5599
-there has been a volume uptick of late with some interesting developments in the cancer and other fields including expansion in China by the parent company
-Covid resurgence also increases the demand of the vaccine which may again improve the top and bottom line
BPCL Breaks Out of Triangle: Wave 5 Takes the WheelBharat Petroleum (BPCL) appears to have completed a correction phase and is now showing signs of beginning its final leg higher. The entire corrective structure ended at ₹234.01. From there, a clear five-wave impulsive rally began, marking the beginning of Wave 1 of a new trend. After a brief correction as Wave 2, the stock surged again to ₹325.85, completing Wave 3. What followed was a contracting triangle, unfolding as an A-B-C-D-E pattern—suggesting a typical Wave 4 consolidation.
The breakout from this triangle came with a strong bullish candle, supported by a spike in volume. Price has now convincingly moved above both the 50-day and 200-day moving averages, with the 200-day MA serving as a platform for the triangle structure itself. This alignment of price, structure, and moving averages supports the hypothesis that Wave 5 has just begun.
MACD has triggered a fresh bullish crossover, adding confirmation to the momentum buildup seen after the triangle breakout. The structure remains valid as long as the price holds above ₹308.25, which marks the end of Wave 4 and serves as the key support level. Additionally, the 50-day moving average (MA50) sits just below, offering another layer of dynamic support. A sustained hold above these zones keeps the bullish bias intact and supports the ongoing development of Wave 5.
Wave 5 targets lie near ₹369.95, which is the 1.0 extension of the Wave 1 length projected from the Wave 4 low. Any pullback toward the breakout zone near ₹308–₹315 could offer a low-risk entry opportunity as long as the structure remains valid.
Chart will be updated as price action evolves.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
"Bearish Reversal Opportunity Following Supply Zone Rejection"1. Double Top Formation (Resistance Level Identified)
The chart displays a clear double top structure at the 2,760–2,800 USDT level.
This level has acted as a strong supply zone (highlighted in red), where price previously reversed, indicating heavy selling interest.
Current price action has retested this resistance zone and shown signs of rejection.
2. Liquidity Sweeps & False Breakouts
On the left side of the chart, an aggressive downward wick (marked with a blue arrow) suggests a liquidity sweep below a key low before strong bullish momentum returned.
This type of price action indicates smart money involvement, designed to remove weak hands before pushing price higher.
3. Accumulation Phases (Sideways Consolidation)
Multiple accumulation ranges are highlighted with blue rectangles.
These ranges show horizontal consolidation, where price builds up energy before breakout.
The most recent breakout led to a vertical rally toward the resistance zone, signaling an end of the accumulation and a start of distribution.
4. Double Bottom Support Structure
Identified near the 2,480 level, marked by red circles.
This level has historically acted as demand/support, evidenced by multiple bounces from this price zone.
Now highlighted with a grey zone, it is projected to act as the next key support area.
5. Bearish Projection
A large black arrow suggests a forecasted bearish move from the current high (~2,800) back to the support zone (~2,480).
This aligns with the idea of a mean reversion or pullback after a strong bullish impulse.
---
Conclusion & Trade Idea:
🔻 Bias: Bearish (Short-term)
The chart presents a classic reversal pattern with a double top at a well-defined supply zone.
Entry could be considered after confirmation of rejection from this level.
🧠 Trade Plan Suggestion:
Entry: Short near 2,780–2,800 after bearish confirmation (e.g., bearish engulfing candle or break of structure).
Target: 2,480 (support zone).
Stop Loss: Above 2,820 (recent high).
Risk-Reward: Approximately 1:2.5 or better depending on execution.
Solana Technical Commentary on Bullish Rally (SPOT ETF APPROVAL)- Solana is currently trading at 165$
- Solana can be the next Money Printer
- Solana could be the next one to rally because SOL Spot ETFs may get approved by the SEC next month according to Bloomberg
- Bloomberg has mostly been accurate on past SPOT ETF approval calls
- Solana has a higher transaction volume with minimal congestion and low fees.
- Technically, I see the 140-150$ range as an OTE and once Solana breaks above 180$ I will wait for a pullback before adding more size
- Betting Big on Solana looks highly rewarding from a structure perspective 250$ looks easy by the end of Q4
TVSSCS - Triangle into a flag!The following points are of note:
------------------------
1. A symmetrical triangle formed as a near-term bottom for the stock
2. After breaking out of the triangle, price is consolidating in a rectangular range
3. A pole and flag formation, when broken out can give targets of 143, 147, with SL of 123
Disclaimer:
This is NOT a trading recommendation, only my observation. Please do your own analysis before entering any trade.
GODREJIND - Inverse Head and Shoulders Breakout Pattern Overview:
A classic Inverse Head and Shoulders pattern has formed on the Godrej Industries chart. This is a strong bullish reversal pattern, indicating a possible trend change from downtrend to uptrend.
What is an Inverse Head and Shoulders Pattern?
This pattern consists of three troughs:
Left Shoulder: Price declines, then rebounds.
Head: Price declines more deeply, then rebounds.
Right Shoulder: Price again declines but not as much as the head.
A neckline connects the peaks between the troughs.
A breakout happens when the price moves above the neckline.
This formation signals selling pressure is reducing and buyers are gaining strength.
How to Trade This Pattern:
Entry: After a confirmed breakout above the neckline.
Stop-Loss: Slightly below the right shoulder or neckline.
Target Price: Measure the distance from the neckline to the head, and project that above the neckline
.
Godrej Industries – Key Points:
Diversified holdings across chemicals, real estate, FMCG, agri-business, and financial services.
Strong portfolio of listed subsidiaries like Godrej Consumer, Godrej Properties, and Godrej Agrovet.
Backed by the trusted and time-tested Godrej Group with over 125 years of legacy.
Generates stable cash flows through dividends and investments in high-growth businesses.
Long-term value creation potential as a holding company with exposure to multiple growth sectors.
Disclaimer : Trade only if you have a written Trading Plan and aware of your risk reward setup
SHAKTI PUMP : A text book break out• Stock broke a 4 month long short term trendline on 06th Jun25.
• Taken support from long term trendline.
• Big boys took position for the last 2 months without disturbing the price.
• An increase in volume is the testament of the hypothesis.
• Go long on positional/swing basis.
• Target 1: 1029.5
• Target 2: 1192
• Target 3: 1356.5
• SL for Swing traders: 878
• SL for positional trader: 839
• A RR of 1:4.75. A classical textbook breakout.
• Enjoy the show!!!
LT Foods | Fresh Breakout Above 52-Week High | Swing Trade SetupLT Foods Ltd (DAAWAT) has given a strong breakout above its multi-month resistance zone around ₹447.5, backed by rising volume and momentum. This marks a fresh 52-week high, supported by bullish RSI strength (above 80).
📈 Trade Setup:
🔹 Entry: ₹447.5 (Breakout Retest Zone)
🔹 Target: ₹670
🔹 Stop Loss: ₹373
🔹 Risk-Reward Ratio: ~3:1
✅ Why I Like This Setup:
Clean breakout from consolidation
Strong volume confirms participation
RSI above 80 indicates trend strength
Bullish price structure across daily chart
⚠️ CMP is currently above entry zone; ideal entry would be on a retest of ₹447–455 range.
Position sizing is key due to SL distance (~16%).
This setup is ideal for swing traders with a short-to-medium term view (2–4 months).
📊 Disclaimer: Not financial advice. Do your own research before investing.
Swing/Positional Trade Idea: Jamna Auto (NSE: JAMNAAUTO)Pattern Alert: Rounding Bottom Nears Breakout!
📈 Technical Setup
Daily Chart Pattern: Price is completing a multi-month rounding bottom (bullish reversal pattern), signaling accumulation.
Current Price: Consolidating near ₹88.80, approaching the crucial breakout zone of ₹94.25–95.60.
Confirmation Trigger: A decisive close above ₹95.60 on rising volume validates the breakout.
🎯 Trade Strategy
Entry: Buy on breakout confirmation above ₹95.60 (close basis).
Stop Loss: ₹86.36 (below the recent swing low & pattern support).
Targets:
T1: ₹106 (+11% from breakout)
T2: ₹113 (+18%)
T3: ₹123 (+29%)
T4: ₹133 (+39%)
Final Target: ₹149 (all-time high, +56%)
Risk-Reward: 1:5+ (based on SL to T1).
⚠️ Key Notes
Patience Required: This is a positional trade with a 3–6 month horizon. Hold through minor pullbacks.
Volume Confirmation: Breakout must be backed by +50% above average volume for conviction.
💡 Why This Works
Rounding bottoms indicate long-term trend reversal with high follow-through probability.
Targets align with Fibonacci extensions & prior swing highs.
Low-risk entry: Tight SL (8% risk) for asymmetric upside.
Trade smart. Track volume. Patience pays!
🔥 Like this idea? Hit "Boost" to increase visibility!
-------------------------------------------------------------------------------------------------------------
📜 GENERAL DISCLAIMER
This analysis is for educational purposes only and does not constitute financial advice, a recommendation, or an offer to buy/sell securities. Trading involves substantial risk of loss and is not suitable for every investor.
❗ KEY RISK ACKNOWLEDGMENTS
Not Personalized Advice: This idea is based on technical analysis and may not align with your risk profile, capital, or goals.
Past Performance ≠ Future Results: Patterns may fail due to market volatility, news, or sector weakness.
Capital Risk: You may lose all or more than your initial investment. Use only risk capital.
Stop Loss Execution: SL orders may trigger below ₹86.36 during gaps or low liquidity.
Holding Period: Positional trades require monitoring. Unforeseen events (earnings, regulations, global shocks) could invalidate the setup.
Bias Alert: This is a bullish bias idea. Always assess bearish scenarios.
🔍 Verify Independently
Cross-verify with fundamentals (debt, earnings, management).
Check broader market trends (Nifty Auto, Nifty 500).
Consult a SEBI-registered advisor before acting.
⚠️ YOUR RESPONSIBILITY
You alone are accountable for trading decisions. The author/platform assumes no liability for losses.
NOCIL LTD
Breakout Confirmation:
Strong bullish breakout above the ₹195–₹198 resistance zone.
Volume & Strength:
A breakout after a multi-week sideways range indicates potential trend reversal from the previous downtrend.
Resistance Ahead:
Immediate resistance near ₹208–₹212, which coincides with March swing highs.
Major resistance at ₹225, then ₹240.
Support Levels: New support at breakout zone: ₹195–₹198.
Stronger base at ₹185-170.
Trend Shift: The chart shows a base formation between ₹170–₹195, now breaking out.
If price sustains above ₹198 for 1–2 sessions, it confirms a short-term uptrend.
Conclusion:
Bullish bias above ₹198 with upside targets of ₹208 → ₹225.
Watch for retest of ₹198 for fresh entries with SL below ₹193.
Avoid if it dips below ₹190 with volume – that would invalidate the breakout.
SRF Ltd Breaks Out Above 2022 High — Is ₹3,300 the Next DestinatSRF Ltd has officially broken above its previous all-time high of ₹2,865 (from 2022), closing strong at ₹3,112, with an impressive weekly gain of +8.78%. Backed by increasing volume and a strong RSI of 66.70, the breakout looks technically significant.
• ✅ Breakout above life high of ₹2,865 (2022)
• 📈 Weekly High: ₹3,127
• 💰 Closing Price: ₹3,112
• 📉 50 EMA Support: ₹2,673
• 🔰 Major Support Zone: ₹2,050–₹2,080
• 📊 RSI (Weekly): 66.70 — bullish momentum building
• 🔄 Volume: 3.66M — above average
With price sustaining above the key breakout zone, the path could open toward the next resistance levels around ₹3,300–₹3,350. Watch for consolidation or retest around ₹2,865 for stronger conviction.
Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.
⚠️ Disclaimer:
This chart analysis is purely for educational and informational purposes only.
I am not a SEBI-registered investment advisor.
Please do your own research or consult a certified financial advisor before making any investment decisions. Stock markets are subject to risk.