Get started

Indianstock

DIXON Technologies - Swing Trade Analysis #Dixon Technologies (India) Ltd. - Technical Analysis Report Current Price:15,697.00 Timeframe: Weekly Chart Analysis Market Structure Overview Dixon Technologies is currently trading at 15,697, showing signs of potential #bullish #momentum after a period of #consolidation. The #stock has been forming a significant base pattern following its decline from #all-time highs near 18,177. #Key Technical Levels #Support Zones - Primary Support: 13,800 - 14,311 (Conservative Stoploss zone) - Secondary Support: 13,260 - 13,280 - Critical Support: 12,000 (major psychological level) #Resistance Zones - Immediate Resistance: 16,102 - 16,505 - Key Resistance 1: 17,445 (Target 1) - Key Resistance 2: 19,148 (Target 2) - Major Resistance: 20,866 - 22,000 (Target 3 & 4 zone) #Chart Pattern Analysis The weekly chart reveals a **potential bullish reversal pattern** with the following characteristics: 1. Hidden Divergence: The chart shows hidden bullish divergence on momentum indicators, suggesting underlying strength despite recent price consolidation 2. Consolidation Box: A clear accumulation zone has formed between 13,800 and 16,500 3. Trend Channel: A rising trend channel indicates the potential for continued upward movement toward the 20,000+ zone #Trading Strategies #Aggressive Buy Setup - Entry Zone: 16,505 - 16,102 (on breakout confirmation) - Target Sequence: 17,445 → 19,148 → 20,866 - Stop Loss: Below 15,311 on candle closing basis - Risk-Reward: Favorable 1:3+ ratio #Conservative Buy Setup - Entry Zone: 15,697 - 15,311 (current levels) - Target Sequence: 17,445 → 19,148 - Stop Loss: Below 14,311 on candle closing basis (Conservative Stoploss) - Risk-Reward: Approximately 1:2.5 ratio #Momentum Indicators The lower panel indicators suggest: - Recovery from oversold conditions - Building positive momentum - Potential for sustained upward movement if key resistance levels are breached #Fibonacci Levels Key Fibonacci retracement/extension levels marked on the chart: - 1.618 Extension: 20,882 - 1.414 Extension: 19,989 - 1.272 Extension: 19,367 - 1.000 Level: 18,177 #Outlook Bullish Scenario: A sustained move above 16,505 with strong volume could trigger momentum toward 17,445 initially, with extended targets at 19,148 and potentially 20,866+. The stock appears to be in an accumulation phase with potential for a significant upside breakout. Bearish Scenario: Failure to hold above 14,311 on a closing basis would invalidate the bullish setup and could lead to a retest of 13,260-13,280 support zone. #Risk Management. - Always use stop-loss orders on a candle closing basis - Position sizing should not exceed 2-3% of total portfolio value - Avoid overleveraging in options or futures - Monitor volume confirmation on breakout levels DISCLAIMER This analysis is for educational and informational purposes only and should NOT be considered as financial advice or a recommendation to buy or sell securities. - Past performance is not indicative of future results - Trading and investing in stocks involves substantial risk of loss - All investment decisions should be made based on your own research, risk tolerance, and financial situation - Please consult with a SEBI-registered financial advisor before making any investment decisions - The author/analyst is not responsible for any profits or losses incurred based on this analysis - Technical analysis has limitations and should be combined with fundamental analysis - Market conditions can change rapidly, and all levels mentioned are subject to change **Trade at your own risk. Always do your own due diligence.** *Analysis created using TradingView charts | Not SEBI Registered Investment Advice*
NSE:DIXONLong
by earnwhileulearn
L&T Multiyear BreakoutLarsen & Toubro Limited - Multi-Timeframe Breakout Analysis Current Price:4,004.40 CRITICAL SETUP ALERT L&T is at a pivotal moment with breakouts confirmed on weekly and monthly timeframes. The stock is now in a crucial period that will determine the validity of this range breakout. KEY TECHNICAL OBSERVATIONS Weekly Chart Analysis: - Nearly 1.9 Years of Consolidation (2023-2025) between 3,200-3,800 - Clean breakout above 3,800 resistance with strong momentum - All major EMAs (20/50/100/200) aligned bullishly - Long accumulation phase suggests institutional participation Monthly Chart Analysis : - Breakout confirmed above 4,250 resistance box - Strong bullish candle with healthy volume expansion - EMAs: 20 | 50 |100 I 200 - all rising Current Status: ✅ Breakout happened on weekly/monthly charts ⏳ Awaiting confirmation via follow-up candle close 📈 Price holding above breakout zone shows strength 🎯 PRICE TARGETS Based on the range breakout and Fibonacci projections: - Target 1: 4,451.25 (Immediate resistance) - Target 2: 4,809.60 (Major psychological level) - Target 3: 5,424.35 (Extended target - 35% upside) - Target 4: 5,750+ (Bullish scenario) 📌 CRITICAL LEVELS Support Zones: - S1: 3,740 (Breakout retest level) - S2: 3,611 (20 EMA on weekly) - S3: 3,419 (Consolidation top - breakdown level) WHAT MAKES THIS SETUP SPECIAL? 1. Time Factor: 1.9 years of consolidation = strong base building 2. Multi-Timeframe Alignment: Breakout on both weekly AND monthly charts 3. Volume Confirmation: Significant expansion during breakout 4. Long-Term Trend: Steep uptrend from 2020 lows still intact For Conservative Traders: - Wait for successful retest of 3,740-₹3,800 zone - Confirm with strong bounce and volume - Enter on confirmation with tighter stops For Long-Term Investors: - Accumulate on any dip to 3,700-3,800 - Strong fundamental backing (Infrastructure leader) - Multi-year breakout suggests sustained momentum - Target: 5,500-6,000 (12-18 months) - ❌ Failure Signal: Close below 3,740 = False breakout, back to range What to Watch: 1. Monthly candle close (crucial for pattern confirmation) 2. Volume sustenance above breakout level 3. No bearish engulfing on weekly/monthly timeframe 4. Hold above previous consolidation high (3,800) DISCLAIMER: This analysis is for educational purposes only and NOT financial advice. - Technical patterns may fail; past performance doesn't guarantee future results - Breakouts can be false; always use stop losses - Conduct your own research and consult a financial advisor - The author may or may not hold positions in L&T - Trading/investing involves substantial risk of capital loss - You are solely responsible for your investment decisions **Trade responsibly with proper risk management.** #LarsenToubro #LT #Breakout #TechnicalAnalysis #NSE #Infrastructure #RangeBreakout #MultiTimeframe #BlueChip #IndianStocks
NSE:LTLong
by earnwhileulearn
3
Hindustan Copper: Charting a Fresh Rally After Breakout📈 **Weekly Time Frame Analysis:** Sharing the weekly chart of Hindustan Copper, a stock that personally appears quite promising. Here's why: 1. Fresh Breakout: Witness a new breakout on the chart, signaling a potential bullish trajectory. 2. Retest at 197: Notably, the price (197) has been retested in the daily time frame, adding to the positive outlook. Key Observations: - Persistent Resistance: The stock had long-standing resistance from a trend line, which was convincingly broken in Feb 2021. - Rally and Retest: Following the breakout, a substantial rally ensued, and the stock retraced to touch the trend line, confirming it as a retest. Anticipating a New Rally: Given these patterns, the stock seems poised for another potential rally. What are your thoughts?
NSE:HINDCOPPERLong
by iamrk7
Technical Analysis for Bank Nifty Tomorrow**Technical Analysis for Bank Nifty Tomorrow** **Support and Resistance Levels** * **Support:** 44500, 44400 * **Resistance:** 44700, 44800, 45000 **Option Open Interest** * **Support:** 44500 Put Writer is huge as compared to CE Writer * **Resistance:** 44700/44800 and 45000 **Overall Outlook** The Bank Nifty is expected to move bullish tomorrow. However, it is important to note that there are strong resistance levels at 44700, 44800, and 45000. If the Bank Nifty is unable to break through these levels, it could face selling pressure. **Key Points** * The Bank Nifty is in a sideways trend today, with no major buying or selling movement. * 44900 is a strong resistance level on the upside, while 44400 is a strong support level on the downside. * The option open interest suggests that there is strong support at 44500 and strong resistance at 44700/44800 and 45000. * The overall outlook for the Bank Nifty tomorrow is bullish. However, it is important to note that there are strong resistance levels at 44700, 44800, and 45000. **Trading Strategy** Traders can go long on the Bank Nifty if it breaks through the 44900 resistance level. However, they should place a stop loss below the 44500 support level. Traders can also go short on the Bank Nifty if it falls below the 44400 support level. However, they should place a stop loss above the 44900 resistance level. **Disclaimer** This is not a financial advice. Please do your own research before making any trading decisions.
NSE:BANKNIFTYLong
by santubittu
2
Persistent Systems in an accumulation phase or will it dip againPersistent Systems have been trading in a broad range for the last few months. It has tested the bottom range thrice and now the prices are hovering near the upper range where we can also spot an accumulation and a confluence of the upper range and another resistance trendline. As for the bearish section, there is a confluence of 200 EMA and the support trendline, but as for the performance of the sector, my personal belief is that the stock might show us a good rally anytime now. Trade with due diligence.
NSE:PERSISTENT
by Apex_Trading69
Triangle breakout in GNFCIf we look at the daily timeframe for GNFC , we can clearly see there is a triangle breakout with good volumes. The breakout has come almost after 4 months of consolidation inside the triangle. After the breakout, there has been a small consolidation which is really healthy for the stock. At any given day, the stock can gain momentum and rise now. It is also near to the psychological level of Rs 500. Once the stock gives closing above Rs 500 in the daily candle closing, we can see a good move. We can easily aim for 5% - 10% returns from the stock. Do like it :) It will motivate me to write more
NSE:GNFCLong
by StocksGyan
Channel Breakout in HEMIPROPLooking at the chart in daily timeframe for Hemisphere Properties, we can clearly see there is a breakout from the channel pattern after almost a year of consolidation. The upper trend line of the channel has been broken with absolutely huge volume. We can see a small consolidation after the breakout which is a healthy sign for the stock to move upwards. If the momentum continues, it can easily give double digit returns to the investors. You will also find many other stocks ideas in my profile! Do like it :) It will motivate me to write more
NSE:HEMIPROPLong
by StocksGyan
Triangle Breakout In BrigadeLooking at the daily timeframe for Brigade Enterprises, we can clearly see a triangle breakout after 4 months of consolidation. Currently it has broken the upper trend line of the triangle. If we see, the breakout candle was a bearish doji candle but the next 2 candles have confirmed the breakout. The current closing is at Rs 517 which can be considered for buying. It is also near it's all time high. We might be seeing a price discovery from the next few candles. A very high probability of 5% to 10% push in price is possible. Do like it :) It will motivate me to write more
NSE:BRIGADELong
by StocksGyan
Triangle Breakout in AsterDm HealthcareIf we see the daily timeframe for Aster DM healthcare, it is clear that the stock has given a breakout after 5 months of consolidation inside the triangle pattern. Currently it has broken the upper trend line with good volumes. It is also near to the psychological level of Rs 200. If it breaks Rs 200 with good volumes and gives a candle closing above it, we might see a aggressive buying in this stock. With the current momentum, we can definitely look out for 5%-10% gain from this stock in the short term. Do like it :) It will motivate me to write more
NSE:ASTERDMLong
by StocksGyan
Triangle breakout in Gujarat AlkaliesIf we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time High. But we can't predict anything. Do like it :) It will motivate me to write more
NSE:GUJALKALILong
by StocksGyan