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Fibonacci

BPCL Gains Momentum After Key Support, Faces Resistance AheadTopic Statement: BPCL has made a strong upward move in the recent rally, though key resistance levels and chart patterns suggest caution. Key Points: * A head and shoulders candlestick pattern is visible, indicating potential reversal signals to watch * The stock took heavy support at the 50% Fibonacci retracement level, where it also briefly dipped below the 180-day EMA * Price is currently facing resistance at the 23.6% Fibonacci level near 317, which may act as a short-term cap on further gains
NSE:BPCL
by yogeshwar
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 25, 2025, at 03:52 UTC, here’s a suggested trading setup for a sell position: Current Price and Trend: The current price is 3,322.840, with a slight decline of -0.190 (-0.01%). The chart shows a recent downtrend with a potential resistance level near the current price. Sell Entry: Enter a sell position at 3,323.400 (near the current price and entry level marked), as it aligns with a resistance zone where the price has struggled to break higher. Stop Loss: Place a stop loss at 3,357.864, above the recent high, to protect against an upward breakout. This level is approximately 34.464 points above the entry, defining the risk. Take Profit Levels: Take Profit: 3,286.372, a target about 37.028 points below the entry, aligning with a support zone and offering a 1:1 risk-reward ratio as indicated on the chart. Price Action: The chart indicates a downtrend with a recent bounce that may be exhausting near the current level. The horizontal dashed line suggests a resistance area, supporting a sell setup. Risk-Reward Ratio: The distance to the stop loss (34.464 points) compared to the take profit (37.028 points) provides a balanced 1:1 risk-reward ratio, making this a reasonable short-term trade. Conclusion Enter a sell at 3,323.400, with a stop loss at 3,357.864 and a take profit at 3,286.372. Monitor the price action for confirmation of a continued downtrend, and be cautious of potential reversals if the price breaks above the stop loss level.
OANDA:XAUUSDShort
by NaviPips
Natural Gas Futures: Triangle Breakout and New Impulse UnfoldingNatural Gas Futures (MCX) is showing an interesting Elliott Wave structure unfolding. After completing a corrective Y wave near 133.6, prices started a well-defined impulsive advance. The initial advance took shape as a 5-wave structure (yellow degree), completing wave 1 at 261.2, followed by a healthy correction into wave 2 at 156.7. The subsequent rally carved out another 5-wave pattern (green degree), pushing prices toward 407.8, marking a likely completion of wave 3. The corrective wave 4 unfolded as a typical contracting triangle (ABCDE), finding support around 297.3. This triangle structure respected the Elliott guidelines quite well and indicates a potential setup for the next impulsive leg higher. Post-triangle, the initial move up to 359.2 can be counted as wave i of the next larger impulse. The ongoing retracement has pulled back close to 61.8%–78.6% Fibonacci levels, a common zone for wave ii corrections. The RSI continues to print higher lows, supporting the underlying bullish sequence. The invalidation zone is clearly marked around 297.3. As long as price remains above this level, the possibility of an ongoing bullish impulse remains valid, with eventual targets extending much higher toward the 1.618 projection zone near 503. This remains a developing wave count, with structure still unfolding. Monitoring how price reacts around current levels will provide further clues whether the larger bullish sequence resumes or deeper correction emerges. 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.
MCX:NATURALGAS1!Long
by WaveXplorer
KKCL technical analysisKewal Kiran Clothing Ltd. is currently trading at INR 501.70, positioned in a long-term consolidation phase with potential breakout implications. The company owns premium fashion brands like Killer, Integriti, Lawman Pg3, and Easies, and is steadily expanding its footprint across India’s Tier-2/3 cities and online platforms. Key Levels Support Levels: INR 266.10, INR 386.05, INR 520.00 Swing Level: INR 578.75 Target Zones: INR 866.40, INR 986.35, INR 1,139.20 Technical Indicators RSI (Relative Strength Index): At 44.91, momentum is in neutral territory. The stock may be forming a base, with upside potential once RSI crosses 50 with volume confirmation. Volume: At 2.24M, volumes are steady. Breakouts are more reliable when accompanied by volume spikes near resistance levels. Sector and Market Outlook KKCL operates in the branded apparel and lifestyle sector, benefitting from: Casualwear demand recovery post-pandemic Growth in organized retail and digital sales Increased urban fashion spending among aspirational consumers However, high competition, inflation in textile inputs, and discretionary spending sensitivity continue to be sectoral challenges. Latest Developments Retail Expansion: Continued rollout of exclusive outlets and stronger presence on fashion marketplaces like Myntra and Amazon Product Strategy: Focused refresh of brand collections and marketing campaigns to boost visibility Financial Snapshot: Recent quarters reflected modest revenue growth with resilience in gross margins despite cost pressures Dividend Update The company declared a ₹9 per share dividend, underscoring its commitment to capital discipline and rewarding long-term shareholders. Analysis Summary KKCL is forming a classic technical base, with the 578.75 swing level as the key breakout trigger. Upside targets up to ₹1,139.20 are plausible if momentum builds, supported by robust retail fundamentals. Traders may track RSI reversals and volume spikes, while long-term investors could consider gradual accumulation at current levels, aligned with sector recovery.
NSE:KKCLLong
by TechnicalAnalystSucrit
AU Small Finance: Final Push or Start of a Pause?AU Small Finance Bank has delivered a impulsive rally over the last few months. Starting from the March lows near 478, price unfolded into a clean 5-wave structure that carries all the classical Elliott Wave characteristics. Each leg followed the rules beautifully — with Wave 3 extending nicely, Wave 4 forming a triangle, and Wave 5 launching higher from there. At present, Wave 5 has already reached 808, which satisfies the minimum Fibonacci projection of 1.0 (792) measured from Waves 1 through 3. However, it remains slightly open whether this fifth wave has fully matured. The upper target zone extends toward 1.618 projection, near 855, and price action in the coming sessions will be crucial in determining if there's a final push left before the larger corrective phase kicks in. Should Wave 5 be complete — or once it completes — the market would likely transition into a corrective phase labeled here as Wave 2 or B, depending on whether this rally was the beginning of a larger impulsive sequence or part of a more complex corrective structure. Typically, corrections following a full 5-wave impulse retrace deeper than most traders expect. The initial shallow support may emerge near the 0.382 retracement around 682, but more meaningful supports sit at 0.5 retracement near 643 and potentially even 0.618 near 604. These zones will be critical to watch as the structure unfolds. Invalidation for this entire bullish structure would sit below the origin of Wave 1, meaning any sustained breakdown below 580 would negate the bullish scenario entirely. But for now, the focus remains on watching how price behaves inside this final leg of Wave 5 — whether it's already done, or teasing a last-minute extension toward 855 before correcting. As always, market structure will continue to guide the next moves, and updates will be made 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.
NSE:AUBANKShort
by WaveXplorer
2
BEL hits key level, a cool off ahead before next leg up?Bharat Electronics is unfolding a clean impulse. After completing Wave ii at 304.80, price surged into Wave iii, which has now reached the 1.618 Fibonacci extension near 410. Interestingly, while price made new highs, RSI is showing early signs of bearish divergence, hinting at a possible Wave iv pullback. The retracement zone between 385 and 370 may act as support before the uptrend resumes. As long as price holds above 319, the bullish structure remains valid. 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.
NSE:BELLong
by WaveXplorer
Nifty Thought Process and Analysis (Multi-Timeframe Breakdown)🔹 4H Timeframe (Intraday to Short-Term Swing) Current Price: ~24,807 Price is consolidating inside a liquidity pocket just below a Fair Value Gap (FVG) zone. Sell-side liquidity has already been swept; signs of accumulation are visible. Three internal FVGs identified—market is respecting these inefficiencies. Volume imbalance + EQ (Equal Lows) and previous OB (Order Block) show that price may be building a base. Market Structure: Minor BOS (Break of Structure) observed, but no new HH yet — compression inside a range. ✅ Bullish Bias IF price breaks above the FVG range and mitigates the supply. 📌 Long Setup Idea: Entry: Above 24,900 Stop Loss: Below EQ/FVG (~24,650) Target: 25,200–25,400 (Buy-side liquidity/weak high zone) 📛 Invalidation: Clean break below EQ zone + OB → indicates bearish continuation. 🔹 Daily Timeframe (Swing View) Price respected the sell-side liquidity grab and is now consolidating within a bearish FVG range. Minor BOS confirms short-term bullish correction, but macro context is mixed. PWL (Previous Week Low) has been swept, giving confluence to bullish short-term reversal. Upper FVG near 25,100–25,200 remains unmitigated. 🧠 Key Observation: Smart money often reverses price after sweeping liquidity → the VI (Volume Imbalance) zone may act as a launchpad. 🔹 Weekly Timeframe (Macro Structure) Structure remains bullish with strong upside momentum since the March-April reversal. Change of Character (ChoCH) in April is confirmed with multiple BOS candles. Current price is holding above the weekly FVG + VI. A large bullish OB sits between 22,400–22,800, indicating massive institutional accumulation. 📈 Weekly Bias: As long as price stays above 24,400, bullish targets of 25,600 are possible in coming weeks. 🧩 Conclusion & Trade Idea Summary (ICT-based) Bias: Bullish (Short-term accumulation, preparing for expansion) Entry: Break and close above 24,900 on 4H or Daily Stop Loss: 24,640 (Below EQ zone/FVG boundary) TP1: 25,200 (Buy-side liquidity) TP2: 25,400–25,600 (Weekly premium zone/weak high)
NSE:NIFTY
by Official_LUSER
HARIOM PIPES technoFunda analysisHariom Pipe Industries Ltd. (NSE: HARIOMPIPE) is currently trading at INR 399.65, reflecting a 2.70% gain. The company specializes in manufacturing MS pipes, scaffolding structures, and steel tubes, catering to industries such as construction, infrastructure, and engineering. Key Levels Support Levels: INR 323.10, INR 399.65 Swing Level: INR 414.68 Possible Upside Levels: INR 537.50, INR 765.10, INR 886.00, INR 1,040.00 Technical Indicators RSI: The Relative Strength Index (RSI) is at 45.35, indicating neutral momentum, meaning the stock is in a consolidation phase before a potential trend shift. Volume: Trading volume is moderate, suggesting consistent investor participation. A volume surge near key levels could validate a breakout. Sector and Market Context Hariom Pipe Industries Ltd. operates in the steel and infrastructure materials sector, which has seen steady demand growth, supported by government-led infrastructure projects and private construction expansion. The industry benefits from rising urbanization, industrial investments, and the need for durable piping solutions. However, factors such as raw material price volatility, global steel pricing trends, and competition from larger industrial players could influence the company’s long-term growth prospects. Latest News and Developments Market Trends: Positive sentiment toward steel manufacturers, driven by increased public and private sector construction spending. Analyst Ratings: Some analysts maintain a stable outlook, citing consistent order inflows and operational efficiency. Quarterly Results: Recent earnings reports highlight steady revenue growth, backed by higher demand for MS pipes and steel fabrication materials. Dividend Update: Hariom Pipe Industries Ltd. has declared a dividend payout of ₹4 per share, reinforcing its commitment to shareholder returns. Analysis Summary Hariom Pipe Industries Ltd. exhibits neutral technical signals, with RSI and price action suggesting potential accumulation before a breakout. The stock benefits from sector tailwinds, driven by strong infrastructure investments and steady demand for industrial piping solutions, though market risks such as raw material costs and pricing competition should be monitored. Investors should track price movements near resistance levels, volume trends, and broader industry updates before making strategic decisions.
NSE:HARIOMPIPELong
by TechnicalAnalystSucrit
XAG/USD (Silver Spot vs. US Dollar) Analysis - Monthly Chart ~~ XAG/USD (Silver Spot vs. US Dollar) Analysis ~~ #Current Price and Recent Performance As of June 18, 2025, the XAG/USD spot price is approximately $37.00 per troy ounce at the time of posting, reflecting a 13-year high. Silver has surged nearly 30% year-to-date in 2025, driven by heightened safe-haven demand amid geopolitical tensions, particularly in the Middle East, and global economic uncertainties. Over the past month, silver prices have risen by 12.43%, and year-over-year, they are up 23.33%. -- Key Drivers of Recent Trends Geopolitical Tensions: Escalating conflicts, such as Israel’s military actions in Iran, have boosted demand for safe-haven assets like silver and gold. This has been a significant catalyst for silver’s rally, with prices climbing in tandem with gold. US Dollar Weakness: A softer US dollar, influenced by expectations of Federal Reserve rate cuts and softer inflation data, has supported higher silver prices. Since silver is priced in USD, a weaker dollar makes it more affordable for foreign investors, increasing demand. Industrial Demand: Silver’s dual role as a precious and industrial metal (used in electronics, solar panels, and medical devices) accounts for ~56% of its demand. Growing industrial applications, particularly in green technologies, continue to support price growth. Supply Constraints: A persistent supply deficit of 150–200 million ounces annually (10–20% of total supply) and declining above-ground inventories by nearly 500 million ounces in recent years have tightened the market, pushing prices higher. Speculative Activity: Futures and spot market trading on exchanges like COMEX and the London Bullion Market, coupled with speculative interest, contribute to price volatility. The market is also influenced by “paper silver” (futures, ETFs), which some argue suppresses physical silver prices. ~~Technical Analysis~~ Current Levels and Trends: Silver is trading above the key support zone of $34.90–$35.15, maintaining a bullish outlook. Recent suggest a strong bullish trend, with a breakout above a downward trend line and minor resistance on the 4-hour chart. Support and Resistance: Support: Key levels include $34.99, $33.70, $32.67, and the 0.618 Fibonacci retracement at ~$35.00. Resistance: Immediate resistance lies at $37.85, with further targets at $38.00 and potentially $40.34–$44.21 in the coming weeks or months. -- 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
OANDA:XAGUSDLong
by renderwithme
SIKKO INDUSTRIES techno funda analysisSikko Industries Ltd. (NSE: SIKKO) is currently trading at INR 81.71, reflecting a moderate gain over recent months. The company specializes in agriculture chemicals, fertilizers, and biotech solutions, catering to sustainable farming and industrial needs. Key Levels Support Levels: INR 85.94, INR 73.89, INR 69.51, INR 51.18 Swing Level: INR 121.40 Possible Upside Levels: INR 139.73, INR 163.08 Technical Indicators RSI: The Relative Strength Index (RSI) is at 50.56, indicating neutral momentum, suggesting price consolidation before a directional move. Volume: Trading volume has shown steady participation, though increased volume confirmation near resistance levels would support bullish continuation. Sector and Market Context Sikko Industries operates in the agrochemical and biotechnology sector, benefiting from government initiatives promoting organic farming, sustainable fertilizers, and enhanced crop yields. The industry remains robust, backed by seasonal demand cycles and rising agricultural modernization efforts. However, commodity price fluctuations, regulatory approvals, and environmental concerns may affect growth stability. Latest News and Developments Market Trends: Increased institutional interest in organic fertilizers and biotech-driven agricultural inputs, supporting long-term demand. Analyst Ratings: Mixed outlooks, with some analysts pointing to stable growth while others highlight raw material pricing challenges. Quarterly Results: Sikko Industries has reported steady revenue improvements, driven by higher demand for bio-fertilizers and export market expansion. Dividend Update: The company has announced a dividend payout of ₹2.50 per share, reinforcing investor confidence in financial sustainability. Analysis Summary Sikko Industries Ltd. presents a balanced technical setup, with RSI and volume trends suggesting potential accumulation before an upward movement. Sector growth remains favorable, driven by rising agricultural demand and government support for sustainable farming, though input cost pressures and seasonal trends should be monitored. Investors should track price action near swing levels, broader industry trends, and company-specific financial releases before making strategic decisions.
NSE:SIKKOLong
by TechnicalAnalystSucrit
Apollo Micro-Do not miss this Volume breakout!Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle Stock will look good only when it retest level of 110 and bounces. Levels mentioned on chart. I will not buy at CMP. Stock has potential to fly at least towards 200 according to fib extension. It is too good of breakout to miss. I have hardly seen such a bullish weekly candle recently when Nifty has been slight bearish.
NSE:APOLLOLong
by chartistamey
MAHINDRA LIFESPACE technical analysisMahindra Lifespace Developers Ltd. (NSE: MAHLIFE) is currently trading at INR 358.95, reflecting a 3.47% gain. The company focuses on residential and industrial real estate development, with projects spanning urban housing, integrated cities, and infrastructure investments. Key Levels Support Levels: INR 190.22, INR 294.65, INR 373.10 Swing Level: INR 431.55 Possible Upside Targets: INR 662.85, INR 767.30, INR 900.30 Technical Indicators RSI (Relative Strength Index): Currently at 43.99, suggesting neutral-to-weak momentum. The stock isn't oversold, but it also hasn't shown signs of breakout strength yet. Volume: 6.39M, reflecting steady investor interest. A volume spike near resistance could validate bullish continuation. Sector and Market Context Mahindra Lifespace operates in the real estate and infrastructure sector, which continues to rebound from past cyclicality due to urbanization, rising disposable income, and demand for sustainable housing. Policies like PMAY (Pradhan Mantri Awas Yojana), and infrastructure development incentives, have supported demand. Still, rising interest rates, regulatory delays, and raw material cost volatility could temper growth outlooks. Investors remain cautiously optimistic on long-duration real estate assets, especially with a tilt toward environmentally conscious urban design. Latest News and Developments Project Pipeline: The company has expanded its land bank and added new residential phases in key metros. Sustainability Initiatives: Continued focus on green-certified projects is drawing ESG-conscious institutional interest. Quarterly Results: Revenue has shown sequential improvement, though margins were slightly compressed due to increased input costs. Dividend Update: Mahindra Lifespace Developers Ltd. declared a dividend of ₹2.30 per share for FY2024, maintaining a modest payout policy while focusing on reinvestment and debt-light operations. Analysis Summary Mahindra Lifespace shows a stable but cautious technical pattern, with RSI and volume suggesting accumulation with breakout potential. While key resistance levels remain ahead, upside targets up to INR 900 remain on the radar if broader real estate sentiment strengthens. A disciplined strategy focusing on confirmation above swing levels, paired with macroeconomic monitoring, is advised.
NSE:MAHLIFELong
by TechnicalAnalystSucrit
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
NSE:JUBLINGREALong
by Eswa007
2
Gold Bulls Eye Breakout: Cup & Handle Signals 3400+ Rally Incomi🔍 Bullish Confirmation Checklist: ✅ Cup & Handle Formation – Textbook structure with bullish momentum. ✅ Higher Lows (Price Action) – Sign of accumulation beneath resistance. ✅ No Bearish Divergence on RSI (15m/1H) – Momentum confirms move. ✅ Breakout Candle with Follow-through Needed – Awaiting 1H closing above $3349 for strong confirmation. ✅ Target Projection Logic: Using Cup & Handle breakout range logic: Cup depth ≈ $40 → Projected Move = $3349 + $40 = $3389–$3400+ 🛠️ Trading Outlook (for education): Aggressive Entry: On breakout above $3349 with volume confirmation. Safer Entry: Retest near $3341–$3344 zone with bullish candle. Stoploss: Below $3333.36 Targets: $3375 > $3394 > $3404 > $3418 (Step-by-step) 🔔 Conclusion: Gold is showing textbook bullish continuation with a Cup and Handle pattern triggering breakout above $3341–$3349 zone. Momentum is building, and bulls are eyeing higher Fibonacci cluster zones near $3394–$3418. This structure remains valid as long as price holds above $3333.
OANDA:XAUUSDLong
by barotharshil14121992
4
TEMBO GLOBAL technical analysisTembo Global Industries Ltd. (NSE: TEMBO) is currently trading at INR 489.35, reflecting a 6.24% increase. The company specializes in industrial and infrastructure solutions, manufacturing products for HVAC, firefighting systems, and metal fabrication used in construction and engineering projects. Key Levels Support Levels: INR 360.25, INR 432.80 Swing Level: INR 489.35 Possible Upside Levels: INR 827.05, INR 946.95, INR 1,099.65 Technical Indicators RSI: The Relative Strength Index (RSI) is at 56.41, indicating moderate bullish momentum. While the stock is trending positively, it is still below the overbought threshold, leaving room for further gains. Volume: Trading volume is 169.59K, showing active investor interest. Consistent volume increase near breakout levels would confirm potential upward movement. Sector and Market Context Tembo Global Industries operates in the engineering and industrial components sector, which has seen steady demand growth due to infrastructure development, urbanization, and real estate expansion. The sector benefits from government-backed projects, private construction investments, and the shift toward advanced fire protection systems and HVAC solutions. However, global commodity price volatility, raw material costs, and competitive pressures can impact margins and growth rates. Latest News and Developments Market Trends: Institutional investors continue to show confidence in industrial infrastructure stocks, as demand for quality engineering solutions remains strong. Analyst Ratings: Some analysts maintain a bullish outlook, citing expansion plans and steady order book growth. Quarterly Results: Tembo Global has reported stable earnings, supported by consistent revenue growth in metal fabrication and fire safety product segments. Dividend Update: Tembo Global Industries Ltd. has declared a dividend payout of ₹4 per share, reinforcing its commitment to shareholder returns. Analysis Summary Tembo Global Industries Ltd. presents a bullish technical outlook, with RSI and key levels indicating potential for further price appreciation. Sector fundamentals remain strong, backed by construction growth and demand for advanced engineering solutions, though commodity cost fluctuations and competitive dynamics should be monitored. Investors should track price action near resistance levels, industry-wide trends, and upcoming financial disclosures before making strategic decisions.
NSE:TEMBOLong
by TechnicalAnalystSucrit
2
$NSE:SWSOLAR : Triangle Breakout with Volume ConfirmationNSE:SWSOLAR 🧠 CHART OVERVIEW Exchange: NSE Current Price: ₹304 Volume: 7.4M (above avg: 3.11M) Indicators Used in this analyis: EMA (20/50/100/200), RSI (14-day), Volume, Fibonacci Retracement, Support/Resistance, Pivot HL, Symmetrical Triangle Breakout --- 🔍 TECHNICAL ANALYSIS 1️⃣ Breakout & Trend Structure - Symmetrical triangle breakout confirmed with high volume - Strong buying interest (7.4M vs 3.1M avg volume) 2️⃣ Support & Resistance Levels - Support: ₹273.50, ₹244.60 - Resistance: ₹333.00, ₹350.75, ₹390.00–452.75 3️⃣ Fibonacci Retracement Insights - Reversed from ₹220 (1.0 retracement), now approaching ₹350.75 (0.786 Fib) - Key targets: ₹452.75 (0.618 Fib), ₹524.40 (0.5 Fib) 4️⃣ Moving Averages - Price above EMA 20/50/100 but below 200 EMA (₹390.44) - Short-term momentum bullish, long-term trend yet to confirm 5️⃣ RSI & Momentum - RSI: 64.05 – Bullish but near overbought - Momentum picking up, supporting breakout 6️⃣ Volume & Price Action - 137% above avg volume suggests institutional interest - Bullish marubozu candle with no upper wick --- 🎯 PRICE TARGETS (Next 3 Months) - ₹333.00: Short-term resistance - ₹350.75: 78.6% Fib retracement - ₹390.00: 200 EMA & major resistance - ₹452.75: 61.8% Fib breakout zone --- 🛑 STOP LOSS & SCENARIOS - SL: ₹244.60 (conservative), ₹273.50 (moderate) - Bullish: Above ₹312 → Buy dips, trail SL - Neutral: ₹273–333 range → Observe - Bearish: Below ₹273 → Exit, re-enter near ₹244 --- 📢 DISCLAIMER This analysis is for **educational purposes** only. Not investment advice. Markets are volatile; consult a financial expert before making decisions.
NSE:SWSOLARLong
by vkj123
Bullish structure : ADVENZYMES - Ascending Triangle ### 🧾 **Chart Type & Time Frame** * **Daily Candlestick Chart** (1D) * **Exchange**: NSE (India) * **Latest Price**: ₹305.95 (+6.12% on the day) * **Volume**: 726.33K (well above average — **457.83%** Volume Run Rate) --- ### 📉 **Trend Analysis** * **Primary Trend**: Downtrend from ₹517.90 (high in Nov 2024) to a bottom around ₹257.90 (March 2025). * **Current Action**: Price is showing a **potential reversal** from a long downtrend. * **Higher Lows Pattern**: Since the bottom at ₹257.90, price has made: * ₹261.10 → ₹266.00 → ₹273.65 → ₹306.85 → (Now breaking above ₹306.75) This forms an **ascending triangle** pattern (bullish bias). --- ### 📊 **Indicators & Overlays** #### 1. **Moving Averages (EMA)** * EMA levels: * EMA-20: ₹290.07 * EMA-50: ₹292.01 * EMA-100: ₹310.17 * EMA-200: ₹337.89 **Current price (₹305.95)** is: * Above EMA-20 & EMA-50 → Short-term bullish * Slightly below EMA-100 and EMA-200 → Mid-to-long term resistance still ahead If it breaks and sustains above EMA-100 & EMA-200, stronger uptrend confirmation. --- #### 2. **Fibonacci Retracement (from ₹571 to ₹258)** * **Key levels:** * 23.6% → ₹497.15 * 38.2% → ₹451.45 * 50% → ₹414.55 * 61.8% → ₹377.65 * 78.6% → ₹325.05 *(Immediate target zone)* **Price approaching 78.6% retracement (₹325.05)**, which is a key resistance zone. A breakout here can push prices towards ₹337-₹350 zone. --- #### 3. **RSI (14, Close)** * Current RSI: **\~62.90** * Moving above the 60 level, indicating building bullish momentum. * Still not overbought (>70), room for upward move exists. --- #### 4. **Volume** * Spike in volume on the breakout day → Strong confirmation. * Today's volume: **726.33K** vs average 163.81K → Over **4x average**. --- ### 📌 **Support & Resistance Levels** #### Key Resistance: * ₹306.85 (recent swing high) → **Broken today** * ₹325.05 (Fibo 78.6%) * ₹337.89 (EMA-200) * ₹350–365 (previous price clusters) #### Key Support: * ₹293–296 (previous resistance, now support) * ₹273.65 (swing low) * ₹258 (Fibo 100% level) --- ### 🔺 **Pattern Observed** * **Ascending Triangle** breakout confirmed with high volume * Bullish structure: Higher lows with flat resistance (₹306 zone) * If price sustains above ₹306, could target ₹325–₹350 short term --- ### 🔮 **Conclusion & View** ✅ **Bullish Bias in Short Term** * Breakout of important level with strong volume * RSI supportive * EMA crossovers may follow if trend continues 📈 **Short-Term Target**: ₹325 → ₹337 → ₹350 📉 **Stop Loss**: ₹293 or ₹280 (based on risk appetite) 📌 Disclaimer: This analysis is for educational and informational purposes only and does not constitute investment advice. Please do your own research or consult with a financial advisor before making any trading decisions. Markets are subject to risks.
NSE:ADVENZYMESLong
by vkj123
TIRUPATI FORGE technical analysisTirupati Forge Ltd. (NSE: TIRUPATIFL) is currently trading at INR 39.22, reflecting a 3.87% increase. The company specializes in forging solutions for industries such as automotive, infrastructure, and heavy engineering. It has established itself as a key player in the precision machining segment, leveraging advanced manufacturing techniques for consistent product quality and industry-wide reliability. Key Levels Support Levels: INR 20.90, INR 32.01, INR 38.75 Swing Level: INR 45.27 Possible Upside Levels: INR 69.08, INR 80.19, INR 94.34 Technical Indicators RSI: The Relative Strength Index (RSI) is currently at 59.40, suggesting strong momentum, though it remains below the overbought threshold, indicating further upside potential. Volume: Trading volume is 842.39K, reflecting active investor participation, which may validate movements toward higher price levels. Sector and Market Context Tirupati Forge operates within the engineering and automotive components sector, which has seen consistent demand growth due to infrastructure development, defense modernization, and heavy machinery expansion. The sector benefits from government-backed manufacturing incentives and rising domestic production capacity. However, fluctuations in raw material costs, demand cyclicality, and global trade policies may influence profitability. Latest News and Developments Market Trends: Increased institutional focus on precision machining and forging technologies, boosting potential growth for niche manufacturers. Analyst Ratings: Some analysts maintain a positive outlook, citing stable order inflows and operational efficiency improvements. Quarterly Results: The company posted steady revenue growth, supported by higher industrial contracts and export sales. Dividend Update: Tirupati Forge Ltd. has declared a dividend payout of ₹2 per share, reinforcing investor confidence in its financial stability. Analysis Summary Tirupati Forge Ltd. presents a strong technical setup, with RSI and volume trends confirming positive investor sentiment. The stock benefits from sector tailwinds, driven by rising industrial demand and government support for local manufacturing, though macro risks such as material costs and export regulations should be monitored. Investors should track price action near resistance levels, industry trends, and upcoming earnings disclosures before making strategic decisions.
NSE:TIRUPATIFLLong
by TechnicalAnalystSucrit