COALINDIA ready to give 10% upsideCUP pattern in W.
Presently at resistance.
Taken support on all the MA.
RSI divergence with strength.
Should give a target of 440 once the resistance is broken.
Community ideas
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
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.
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.
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! ✅
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.
---
UNIONBANK – Positional Breakout SetupPattern: Double Bottom | W Pattern Inside Channel
Trend: HH-HL Structure | Trading Inside Ascending Channel
Volume: Noticeable Build-Up
DMAs: Trading Above Key DMAs
Stage: Aiming for Stage 2 Breakout
The stock is forming a double bottom (W pattern) inside a well-respected ascending channel, with a clean higher high–higher low structure and visible volume build-up. It's now trading above key DMAs, hinting at underlying strength. With price approaching a key breakout zone, it looks primed for a potential Stage 2 continuation.
🔔 Trade Plan
Entry: ₹143.38+ (on breakout and daily close above)
Stop Loss: ₹121.74 (closing basis )
Target 1: ₹151.72
Target 2: ₹172.83
Risk–Reward Insight 🎯
Risk from entry to SL is ₹21.64.
Reward to Target 1 is ₹8.34 (~1:0.38)
Reward to Target 2 is ₹29.45 (~1:1.36)
While T1 gives a conservative move, the bigger play lies in T2 — the upper edge of a 1-year trading range. This is where smart money tends to scale in.
💡You don’t have to go full throttle on day one.
✅ Consider buying a test quantity above ₹143.38 to assess breakout strength.
If the move confirms with strong follow-through and volume, you can look to add on dips or above T1 with a tighter trailing SL.
This approach helps you ride trends without overexposing yourself early. The key is to stay mechanical and let the setup prove itself.
⚠️ Risk Management is Non-Negotiable
Never ignore your stop loss.
Don't chase.
Stick to your plan and size positions according to your risk appetite.
This setup looks technically clean — but remember: even the best setups fail without confirmation. Let price and volume lead the way.
📌 Disclaimer:
This is not investment advice. I am not a SEBI-registered advisor. All content is for educational purposes only. Please do your own analysis and always trade responsibly.
BITCOIN BROKEN HOURLY CHANNEL On this chart i have drawing a channel in hourly time frame which is broken and sustaining as well until entering i thius channel BITCIN is bullish.here i shown when is it tested uper an lower side of the channel so that no confusion should be there in mind.
HDFCLife: Resistance & Channel Breakout Above 760Details:
Asset: HDFC Life Insurance Company Ltd (HDFCLIFE)
Breakout Level: 760
Potential Targets: 800, 840
Stop Loss: Below 745 or as per risk strategy
Timeframe: Short to medium-term
Rationale: HDFCLIFE has broken a key resistance and confirmed a channel breakout above 760. The move signals bullish momentum, supported by improving sentiment in the insurance sector.
Market Analysis:
Technical Setup: Breakout from horizontal resistance zone and channel formation adds strength to the bullish case.
Sector Outlook: Positive outlook for life insurance industry driven by rising awareness and penetration.
Risk Management:
Place a stop loss below 745 to avoid trap from false breakout.
Timeframe:
Short to medium-term move toward 800–840 anticipated.
Risk-Reward Ratio:
Attractive, with strong technical backing and sectoral support.
Watch for continuation with strong volume confirmation above 770 for follow-through.
CDSL – Leading Diagonal Kicking Off a Bullish Cycle?A possible new bullish impulse may be forming in CDSL, following a strong corrective downtrend.
From the ATH at ₹1989.80, the stock completed a 5-3-5 Zigzag correction that bottomed out at ₹1047.45. The final leg (Wave C) shows the characteristics of an Ending Diagonal , signaling possible exhaustion and the end of the correction.
From that low, the structure that follows appears to be a Leading Diagonal , possibly acting as Wave 1 of a new motive sequence. Despite its expanding nature, Wave 3 is not the shortest , and trendlines are respected — validating the diagonal structure.
This upward move has completed five waves, currently labeled as Wave (1), (2), (3), (4), and (5), which together form a larger Wave (A) . If this structure turns out to be impulsive , this may not just be an ABC correction, but the start of a full 5-wave impulse:
1 → 2 → 3 → 4 → 5
Now, we’re likely entering a Wave (2) correction, typically retracing 0.382 to 0.618 of Wave (1) . This retracement could break below the diagonal trendline , shaking out late bulls.
Post that, if the structure holds, we may see a strong Wave 3 advance — usually the most powerful leg in any impulse.
This is a hypothesis, and structure confirmation will be key. If price fails to hold support zones or shows structural invalidation, the count will need to be revised accordingly.
Tools Used: Elliott Wave, Fibonacci, Trendlines
Timeframe: 2H
This is not a buy/sell recommendation — purely an educational analysis. Chart will be updated as price action evolves.
DIVISLAB : Rounding Bottom Consolidation Breakout..!!DIVISLAB is showing good consolidation Breakout above the Rounding Bottom structure breakout.. target and sl are on the chart....
there is lot of scope in large cap stocks as the data shows..
All data is available in public domain..
CMP : 6580
TG : 7800
SL : 5840
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Disclosure : might be Hold
ASTRAMICRO in Bullish modeHey Family, here’s another stock showing a strong technical setup! 🚀
📈 Stock: Astra Microwave Ltd (NSE: ASTRA)
🔍 Key Observations:
📊 Chart Pattern:
The chart shows a Horizontal Breakout from a long-term consolidation zone. This is a bullish continuation setup, signaling potential for further upside as the stock breaks above key resistance levels.
📈 Recent Price Action:
• The stock broke out last week, showing strong bullish momentum.
• This week’s price action indicates a healthy consolidation above the breakout level, suggesting buyer strength and continued interest.
• Volume activity supports the move, adding conviction to the breakout.
💡 Trading Recommendation:
Aggressive Entry:
• Enter based on current price structure to ride the breakout early.
• Use a stop-loss according to your risk tolerance and trading capacity.
Conservative Entry:
• Wait for a decisive move above the highlighted supply zone for confirmation.
• This approach helps minimize risk and confirms sustained strength.
🧠 Rationale:
The breakout from horizontal resistance, backed by solid price and volume structure, suggests a high-probability bullish continuation. Choose an entry style that aligns with your trading plan and risk profile.
🚨 Disclaimer: This is not financial advice. All views are shared for educational purposes only. Always do your own research and manage risk responsibly before making any trading decisions.
What is your view please comment it down and also boost the idea this help to motivate us.
KPRMILLChart Pattern:
The chart shows a potential Cup and Handle pattern. This is a bullish pattern that suggests the stock may be poised for further upside. The "cup" is the U-shaped portion of the pattern, while the "handle" is the short pullback that follows.
Recent Price Action:
The stock broke out last week and made a new all-time high, indicating strong buying pressure.
This week, the stock has pulled back, which is a common occurrence after a breakout.
The price is now showing signs of moving up again, suggesting the pullback may be over.
Trading Recommendation:
There are two potential entry points:
Aggressive Entry: Enter now, with a stop-loss (SL) placed below the low of the last candle, at 1123.30. This approach aims to capitalize on the immediate upward momentum.
Conservative Entry: Wait for the stock to break above the supply zone (resistance area), indicated by the green rectangle. This approach provides more confirmation of the bullish breakout.
Rationale: The Cup and Handle pattern, combined with the recent breakout and pullback, suggests that the stock is in a strong uptrend. Entering on the current move up or after a break of the supply zone offers potential for profit.
Disclaimer: This is not financial advice. Do your own research before making any investment decisions.
IRFC Ready to Launch: Buy the Dip Before the BreakoutType: Long (Buy the dip)
Entry Zone: ₹115–₹120
Stop Loss: ₹108.75
Targets:
TP1: ₹150
TP2: ₹167
Reason: After accumulation and manipulation, price broke structure (ChoCH). Expecting a retest before bullish move.
Risk-Reward: ~3.3 to 5.1
Strategy: Wyckoff + Smart Money Concepts (SMC)
Looking bullish for short termThe stock has given a 6 months trendline Breakout with volume. It is forming a triple bottom with higher swing lows.
One can add 50% qty at CMP 138 and add balance on retracement till 130.
Short term targets can be 151.5 and 164.
This is not a BUY/SELL recommendation and Idea has been shared for Educational Purpose only.
Dr. Tanya Kumar
Nifty 50 Analysis and Dow theory LevelNifty 50 Analysis:
Points discussed in the video-
How we should observe structure when there is a big gap.
Importance of current gap up on major resistance.
Importance of today's closing.
Dow Theory Level:
As per Dow theory, we are heading towards trend change and uptrend will be there.
Once we are in uptrend we will be more confident while trade in "Long" side.
Britannia in Bullish modeAs per harmonic patterns and double bottom, we have seen the neckline breakout in Britannia. So we can expect 14 percent returns from the current level. This is for educational purposes only.
KOTAK BANK - PRICE ACTION - DTFKOTAK BANK is making HH-HL formation, now consolidating and making a base, which seems ready.
Today it made a Hammer candle, there is probability of an upside move.
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For learning and educational purposes only, not trading advice. Please consult your financial advisor before investing.
Nifty 50 Technical Analysis - May 16, 2025Nifty 50 Technical Analysis - May 13, 2025
Current Market Overview:
Closing Price: The Nifty 50 closed at 25,035.30, Up 395.20 points.
Day Range: Low: 24,750.00 | High: 25,400.00
Market Sentiment: The market exhibited strong bullish momentum, driven by positive global cues, including a ceasefire between India and Pakistan and optimism around US-China trade negotiations
Chart for your reference
JKLAKSHMI CEMENT - Bullish Inverted H&S Breakout (Daily T/F)Trade Setup
📌 Stock: JK Lakshmi Cement ( NSE:JKLAKSHMI )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹862 (Breakout Confirmation)
🛑 Stop Loss: ₹807 (Daily Closing Basis) (~6.4% Risk)
🎯 Target Levels:
₹899.60
₹938.85
₹979.80
₹1,022.50 (Final Target)
Technical Rationale
✅ Bullish Inverted H&S Breakout - Classic reversal pattern confirming uptrend continuation
✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone)
✅ Volume Confirmation - Breakout volume 376K vs previous day's 193K (Nearly 2x surge)
✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength
Key Observations
• The breakout comes with significantly higher volume, validating strength
• Well-defined pattern with clear neckline breakout
• Conservative stop loss at recent swing low
Trade Management Strategy
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer ⚠️
This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information.
What do you think? Are you watching NSE:JKLAKSHMI for this breakout opportunity? Share your views in the comments!
HAL Weekly Chart suggest BO above 4680 ... 20% upside Possible.HAL Weekly Chart suggest BO above 4680 ... 20% upside Possible.
HAL looks breaking out from Earlier tops of 4680 after long time. Expect momentum to continue for 20% upside soon.
We can see multiple patterns on chart ... Daily CUP / Weekly CUP / DEC 24 Top Breakout.
LTP - 4736
SL - 4650
Targets - 5680+
timeframe - 10-12 weeks.
Happy Investing.
Cup and Handle Breakout - NAM_INDIANAM_INDIA : The fundamental performance of Nippon Life India Asset Management, including its AUM (Assets Under Management), revenue growth, and profitability, will influence investor confidence and the stock price. Recent quarterly results (Mar 2025) showed a 20.99% year-on-year increase in net sales but a 12.92% decrease in consolidated net profit.
Current Price: ₹702
Pattern: Cup and Handle breakout
Target Expected: ₹900
Duration: 3 to 6 months
Potential Target Calculation:
Factors to Consider Regarding the Target and Duration:
Market Conditions : The overall market sentiment and the performance of the financial services sector will play a crucial role in whether NAM INDIA reaches its target within the given timeframe.
Company Performance : The fundamental performance of Nippon Life India Asset Management, including its AUM (Assets Under Management), revenue growth, and profitability, will influence investor confidence and the stock price. Recent quarterly results (Mar 2025) showed a 20.99% year-on-year increase in net sales but a 12.92% decrease in consolidated net profit.
Volume : Strong volume during the breakout and subsequent upward movement would lend more credibility to the bullish pattern.
Timeframe : Cup and Handle patterns can take anywhere from a few weeks to over a year to form. The handle itself can also vary in duration. Your estimated timeframe of 3 to 6 months for reaching the target after a breakout is within the typical range seen for such patterns, but it's not guaranteed.
Understanding the Cup and Handle Pattern:
Cup : This part of the pattern forms after an advance and resembles a "U" shape. It represents a period of consolidation where the price drops and then recovers to the previous high.
Handle : Following the cup, there's a shorter downward drift or consolidation, which is the "handle." This handle ideally forms in the upper half of the cup.
Breakout : The bullish signal occurs when the price breaks above the upper trendline of the handle. This suggests that the prior uptrend is likely to resume.
Trend Reversal setup in HCLTECH(Inverted H&S Pattern)!HCL Technologies (NSE:HCLTECH) – Bullish Reversal Setup
📌 Pattern Identified: A clear Inverted Head and Shoulders formation is visible on the daily chart, indicating a potential bullish reversal.
✅ Key Observations:
Price has broken above the neckline and also crossed the 50-period EMA, showing strength.
Notable volume buildup at the right shoulder, supporting the bullish move.
RSI is above 60, suggesting improving momentum.
📈 Projected Target: ~₹2,074 based on the pattern's height.
🔻 Stop Loss: Placed slightly below the right shoulder near ₹1,537.
⚠️ Watch Levels:
₹1,696: Minor resistance.
₹1,780: Key resistance level before the target zone.
📝 Conclusion: A breakout above the neckline with volume confirms the bullish pattern. As long as the price sustains above the stop loss, the risk-reward appears favorable.
Disclaimer: Consider my analysis for educational purposes only.
Before entering any trade:
1️⃣ Educate Yourself – Understand market dynamics and technical patterns.
2️⃣ Do Your Own Research & Analysis – Never rely solely on external opinions.
3️⃣ Define Your Risk-Reward Ratio – Ensure your trade aligns with your risk appetite.
4️⃣ Never Trade with Full Capital – Always manage risk and preserve capital.
Trade wisely! ✅📊
