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How to Trade ATH Stocks: Harness Explosive Trends with ADX !(BEL Case Study) NSE:BEL (Daily) - Bull Flag at All-Time Highs 📈 Key Observations ATH Breakout Confirmed: Price smashed through ₹340.50 previos ATH, hitting a historic high of ₹393.50. Consolidation in a tight bull flag (₹378.50–393.50) after a 28.97% surge – classic bullish continuation setup. ADX: Your Trend Compass 🧭 ADX at 43.95 signals a powerful, directional trend (Readings >25 = strong trend; >40 = explosive momentum). Ignore oscillator noise: Trends trump RSI/MACD in parabolic moves. Pattern > Oscillators: Bull Flag Priority: The pattern’s integrity (lower volume consolidation) outweighs short-term RSI(79)/MACD wobbles. 🚀 Trade Strategy: Trend-First Framework ✅ Entry & Targets Trigger: Daily close above ₹393.50 (flag resistance). Add: Retest of ₹393.50 as support. Targets: Short-term: ₹420 (5% above ATH) Measured Move: ₹482 (ATH + pole height: 393.50 + 88.20) ⚔️ Stop-Loss Conservative: ₹378.50 (flag low breach). Aggressive: ₹385 (tight stop, honors consolidation structure). 📊 Position Sizing Risk ≤1% capital per trade. Reward/Risk Ratio: 4:1 (₹482 target vs. ₹378.50 stop). 💡 Why ADX Trumps RSI/MACD at ATHs RSI/MACD are lagging in strong trends: RSI overbought ≠ reversal – it’s fuel for momentum stocks. MACD crosses often "whipsaw" in high-ADX environments (BEL’s ADX >40 invalidates bearish MACD signals). ADX is proactive: "Trends persist until ADX rolls below 30" – Focus on price, not oscillator fears. 🌐 Sector & Fundamental Tailwinds Defense Sector Strength: India’s capex boost; BEL’s order book increasing. Institutional Conviction: FIIs increasing stake. 🛡️ Risk Management Checklist ✅ Trade only on confirmed close above ATH. ✅ Use ADX >40 as a momentum green light. ✅ Trail stops at 20-DMA (₹365) once +10% profit. Chart Markup: Blue line: Bull flag Resistance at ₹393.50. Red Line: Bull Flag Support ₹378.50 ADX(14) subchart with 40+ threshold highlighted. 💎 Final Thought: ATH breakouts are trend accelerators, not tops. BEL’s bull flag + ADX >40 frames a high-probability continuation play. Stick with the trend until ADX says otherwise. Boost this idea if you’re tracking BEL’s breakout! Follow for high-probability ATH trade setups. ⚠️ Disclaimer "This is NOT financial advice. Trade at your own risk. Past performance ≠ future results. Always conduct independent research and consult a SEBI-registered advisor. The author holds no position in BEL at time of publication."
NSE:BELLong
by Alert_Trader
1
DIVISLAB: Flag & Pole Breakout Setup Targets New ATHsNSE: DIVISLAB | Pharmaceuticals | Large Cap | Updated: June 17, 2025 📊 Technical Structure Pole Formation: Rally from 4,955 → 6,862 (1,907 points) on high volume Flag Consolidation: Tight range between 6,490 (support) and 6,800 (resistance) Key Breakout Trigger: Daily close above 6,862 (ATH) Pattern Target: 8,769 (6,862 + 1,907 pole length) Critical Support: 6,300 (confirmed swing low) 🎯 Price Targets & Roadmap Immediate Target: 7,200 (2024 swing high) Strong Resistance Zone: 7,600-7,750 (analysts ceiling) Pattern Target: 8,769 (100% pole extension) Confirmation Required for 8,769: • Breakout volume >650K (20% above 20D avg) • Pharma sector PE >42 (currently 39.2) ⚡ Trade Strategy Scenario 1: ATH Breakout (Preferred) Entry: Daily close above 6,862 (6,880-6,900 zone) Targets: • 7,200 (book 30% profits) • 7,600 (book 50% profits) • 8,769 (full exit) Stop Loss: 6,700 Scenario 2: Flag Breakdown Entry: 6,300-6,160 (50-DMA confluence) Target: 6,800 flag retest → 7,200 Stop Loss: 6,050 Risk Management Essentials: Max 2% capital per trade ⚖️ Fundamental Drivers Strengths: • 15.4% ROE (vs sector 12.1%) • 17% EPS growth (FY26E) • FII holdings ↑2.1% YoY to 18.01% Risks: • High PE 79.2 (sector 39.2) • Overbought risk above 7,600 ⚠️ Critical Risks Valuation Risk: Profit-booking likely near 7,600 Sector Risk: Pharma index seasonality (+4.91% avg June) 📉 Real-Time Levels Current Price: ₹6,538 (-2.24% today) Support: 6,490 (flag base) → 6,300 (swing flip) Resistance: 6,800 (flag top) → 6,862 (ATH) Volume Alert: Breakout requires >650K shares ✅ Conclusion DIVISLAB offers a high-reward setup with defined risk parameters. The flag breakout above 6862 is the preferred play, backed by sector leadership and earnings growth. Always hedge with stops—overvaluation remains a concern. 📜 Disclaimer This analysis represents my personal market view and not investment advice. Trading carries significant risk of capital loss. Past performance doesn't guarantee future results. Always: Conduct your own due diligence Consider your risk tolerance Consult a SEBI-certified advisor Verify real-time data before acting Never risk more than you can afford to lose.
NSE:DIVISLABLong
by Alert_Trader
SWIGGY LTD forming a textbook bullish flag on the 2h chartChart Analysis (Study Purpose Only): Pattern Observed: After a sharp uptrend, the stock has formed a falling channel (bullish flag) — which typically signals a continuation of the trend. Support/Resistance: The price is consolidating above a long-term trendline resistance, which is now acting as support. Resistance zone is near ₹365–₹367, and support is around the ₹340–₹345 range. Indicators: RSI is currently at ~60, suggesting mild bullish momentum without being overbought. MACD is in a bearish crossover but appears to be flattening, possibly preparing for a bullish crossover. Volume: Declining volume during the pullback suggests weak selling pressure, often a bullish sign in continuation patterns. 🟢 A breakout above the upper channel with volume could confirm a bullish continuation.
NSE:SWIGGYLong
by apstockanalysis
NAZARA | Flag and Pole | Breakout | Daily--- ## 🚩 **NAZARA TECH – Bullish Flag and Pole Breakout** ### 📍 **Pattern: Flag and Pole** * **Pole**: A strong vertical rally of **₹333.90** (\~33.7%) * **Flag**: A downward-sloping consolidation (tight range), indicating **temporary pause** * ✅ **Breakout from flag** with **volume spike** confirms continuation --- ### 📈 **Price Action & Levels** * **Pole Base**: \~₹990 * **Pole Height**: ₹333.90 * **Breakout Point**: \~₹1308 * **Target Projection**: ₹1350+ ₹333.90 = **₹1638** 🎯 --- ### 📊 **Technical Strength** * ✅ **All EMAs** (8, 21, 55, 144) are bullishly aligned * ✅ **Volume** surged on breakout, validating the move * ✅ **RSI** broke out of downward trendline, resuming upside momentum --- ### 🔍 **Key Levels** * **Support**: ₹1240 (flag base), ₹1089 (pole base & rectangle top) * **Resistance**: ₹1342 (current high), then **₹1590+** (target zone) * **Stop Loss (Swing)**: Below ₹1305 or ₹1240 zone --- ### 🧠 **Bias**: **Bullish Continuation** Ideal for swing trades; entry on breakout retest or momentum continuation.
NSE:NAZARALong
by DailyCharts03
NAHARINDUS | Flag and Pole | Breakout### **1. Trend & Price Movement** - **Breakout Formation:** The **flag and pole** structure indicates a strong bullish continuation. - **Current Price Surge:** **7.76% increase**, reflecting momentum buying. - **Support Levels:** Short-term moving averages (**EMA-8, EMA-21**) are holding, reinforcing near-term support. - **Resistance Zone:** Watch for prior swing highs as potential resistance points. ### **2. Volume & Market Participation** - **RVOL:** **386.56%**, showing much higher-than-average participation. - **Volume Change:** **648.74% increase**—significant institutional interest. ### **3. Moving Averages & Trend Strength** - **Short-Term:** EMA-8 **(+5.97%)** confirms immediate upward bias. - **Mid-Term:** EMA-21 & EMA-55 show trend consistency. - **Long-Term:** EMA-144 **(+74.74%)** indicates macro bullish sentiment. ### **5. Fundamental Insights (Earnings & Growth)** - **EPS Growth:** **248.70% YoY for March 2025**, indicating business improvement. - **Sector Context:** If other industry players are rallying, this could confirm broader market optimism.
NSE:NAHARINDUSLong
by DailyCharts03
Infosys - Bullish Flag and Head & Shoulder Patterns🔍 1. Infosys Current Price Range and Key Levels Since January 2021, Infosys has been trading in a broad range between ₹1300 and ₹2000, consolidating for over 4 years. Within this range, there are three key support and resistance levels to watch closely: Support: ₹1300 (major floor) Intermediate Resistance/Support Zone: ₹1600 – ₹1650 Strong Resistance: ₹2000 (upper bound) 📈 2. Bullish Flag Pattern: A Bullish Flag is a continuation pattern that forms after a strong upward price move "flagpole", followed by a period of consolidation in a narrow downward or sideways channel "flag". It typically signals a pause before the uptrend resumes. Infosys recently broke out of a bullish flag pattern and crossed above ₹1580 with a strong closing on higher volume, indicating renewed buying interest. Price is currently trading above the 50-day Exponential Moving Average (EMA), confirming the continuation of the mid-term uptrend. However, the zone around ₹1650 remains a strong and key resistance level to monitor closely. 🧩 3. Potential Bullish Head and Shoulders Pattern Above ₹1650 Should Infosys break decisively above ₹1650, it is likely to form another significant bullish pattern known as the Bullish Head and Shoulders. This pattern signals a trend reversal from bearish to bullish and is considered highly reliable. Trend: Appears after a downtrend or consolidation, signaling reversal Touchpoints: Three lows – left shoulder, head (lowest point), and right shoulder, roughly at similar levels Neckline: The resistance line connecting the highs between shoulders and head Timeframe: Medium-term, often forming over weeks up to 6 months Volume: Typically higher volume on left shoulder and head formation, volume dips on right shoulder, and surges on breakout ⚠️ 4. Key Concerns in Infosys Chart Pattern Price-Volume Divergence: During the head formation, volume increased sharply as price fell — indicating strong selling pressure. However, volume was low when price approached the neckline — suggesting weak buying interest to confirm breakout. This divergence signals potential caution. Resistance Zone: Price remains below the key resistance at ₹1650, which has acted as a ceiling multiple times. A decisive breakout is required to sustain further upside momentum. ⚠️ Disclaimer This report is intended solely for educational and training purposes and does not constitute investment advice. Traders and investors should conduct their own research and consult financial advisors before making trading decisions.
NSE:INFYLong
by Arvind_Share_Academy
Infosys Technical Research- Flag and Head and shoulders🔍 1. Infosys Current Price Range and Key Levels Since January 2021, Infosys has been trading in a broad range between ₹1300 and ₹2000, consolidating for over 4 years. Within this range, there are three key support and resistance levels to watch closely: Support: ₹1300 (major floor) Intermediate Resistance/Support Zone: ₹1600 – ₹1650 Strong Resistance: ₹2000 (upper bound) 📈 2. Bullish Flag Pattern: A Bullish Flag is a continuation pattern that forms after a strong upward price move "flagpole" , followed by a period of consolidation in a narrow downward or sideways channel "flag". It typically signals a pause before the uptrend resumes. 📊 2. Infosys Recent Technical Development Infosys recently broke out of a bullish flag pattern and crossed above ₹1580 with a strong closing on higher volume, indicating renewed buying interest. Price is currently trading above the 50-day Exponential Moving Average (EMA), confirming the continuation of the mid-term uptrend. However, the zone around ₹1650 remains a strong and key resistance level to monitor closely. 🧩 3. Potential Bullish Head and Shoulders Pattern Above ₹1650 Should Infosys break decisively above ₹1650, it is likely to form another significant bullish pattern known as the Bullish Head and Shoulders (Inverse Head and Shoulders). Bullish Head and Shoulders This pattern signals a trend reversal from bearish to bullish and is considered highly reliable. Trend: Appears after a downtrend or consolidation, signaling reversal Touchpoints: Three lows – left shoulder, head (lowest point), and right shoulder, roughly at similar levels Neckline: The resistance line connecting the highs between shoulders and head Timeframe: Medium-term, often forming over weeks up to 6 months Volume: Typically higher volume on left shoulder and head formation, volume dips on right shoulder, and surges on breakout ⚠️ 4. Key Concerns in Infosys Chart Pattern Price-Volume Divergence: During the head formation, volume increased sharply as price fell — indicating strong selling pressure. However, volume was low when price approached the neckline — suggesting weak buying interest to confirm breakout. This divergence signals potential caution. Resistance Zone: Price remains below the key resistance at ₹1650, which has acted as a ceiling multiple times. A decisive breakout is required to sustain further upside momentum. ⚠️ Disclaimer This report is intended solely for educational and training purposes and does not constitute investment advice. Traders and investors should conduct their own research and consult financial advisors before making trading decisions.
NSE:INFYLong
by Arvind_Share_Academy
YESBANK: Riding the Bullish WaveYes Bank has exhibited a notable breakout above the resistance level established in December 2024. This breakout is accompanied by a classic flag pattern formation, which has resolved to the upside—typically interpreted by technical analysts as a continuation signal within an existing trend. A significant increase in trading volume during the breakout phase adds weight to the move, suggesting heightened market participation. Furthermore, the 20-day EMA has crossed above the 200-day EMA, a crossover often referred to as a "Golden Cross" , which is generally viewed as a bullish signal indicating potential for continued upward momentum. The RSI is currently positioned above 60, reflecting sustained buying interest without yet entering overbought territory. From a structural perspective: Immediate resistance may be encountered near the 24.75 level. A secondary resistance zone appears around 28.54. On the downside, the stock seems to have established a support base near 19.54, which could act as a cushion in the event of a pullback. Disclaimer: This analysis is intended solely for informational and educational purposes. It does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Market conditions can change rapidly, and all trading involves risk. Individuals should conduct their own due diligence or consult with a qualified financial advisor before making any investment decisions.
NSE:YESBANKLong
by NiftyNotion
4
Is Bluedart Gearing Up for a Breakout? A Technical PerspectiveA good consolidation in there in the stock and on the monthly chart the stock has reconfirmed the support zone. Major buying in happening there around 5500-5670 zone. Weekly charts are showing consolidation phase around the very closing level as the price is trading between the various Moving averages. A buying opportunity around 6200 levels can be initiated with a proper SL. Technical Indicators:- 1. Stochastic : The weekly charts are trading around the oversold zone and on monthly charts its showing some lower levels coming on the charts. 2. Relative Strenght Indicator : On the monthly charts the stock has formed a bearish divergence and can be purchased once a 'W' formation is there in the RSI or price chart. The stock has respected the support level since August 2021, a bearish trade can only be initiated once the major support level of 5500 is taken out. Avoid shorting till these levels. Blue dart owning the logistic market can benefit from the E-commerce growth. Long term buying opportunity can be seen in the stock with a potential returns of around 33-35% with a risk of 12-13% in coming years. Watch the price action and enter only when the setup/pattern is formed on the charts.
NSE:BLUEDART
by TheMamboMomentum