Equitas SFB (D): Strong Bullish Reversal (Turnaround Story)Timeframe: Daily | Scale: Linear
The stock has confirmed a major structural reversal, breaking out of a 4-month base (Inverted Head & Shoulders).
📈 1. The Chart Structure (Inverted H&S)
> The Pattern:
- Left Shoulder: Lows of ₹59.50 (May 2025).
- Head: The panic low of ₹50 (Sep 2025).
- Right Shoulder: The recent higher low at ₹57 (Dec 2025).
> The Neckline Breakout: The resistance at ₹64–₹65 was the "Line in the Sand." Today's close at ₹66.68 confirms the trend change.
- Significance: An Inverted H&S breakout after a 50% correction is a high-reliability "Trend Reversal" signal.
📊 2. Volume & Indicators
> Volume Spike: The 9.67 Million volume is an "Institutional Stamp." It confirms that big funds are accumulating at these valuations (Trading at ~1.3x Book Value).
> RSI: Rising in Daily & Weekly timeframes. The Daily RSI crossing 60 decisively indicates that momentum has shifted from "Bearish" to "Bullish."
🎯 3. Future Scenarios & Key Levels
The stock has entered a "Recovery Phase."
> 🐂 Bullish Targets (The Measurement):
- Target 1: ₹76.
- Target 2: ₹85.
> 🛡️ Support (The "Must Hold"):
- Immediate Support: ₹64 – ₹65 . The breakout zone must now act as a floor (Polarity Principle).
- Stop Loss: A close below ₹60 (Right Shoulder) would invalidate the pattern.
Conclusion
This is a Grade A Reversal Setup .
> Refinement: The combination of Fundamental Growth + Technical Reversal makes this highly convicting.
Long