Bharat Electronics Ltd (BEL) – Bullish Structure BreakoutNSE:BEL
🔹 Technical View
Price has decisively broken above a major supply / resistance zone (~₹428–432) after multiple rejections in the past.
Strong bullish momentum candle indicates institutional participation and demand dominance.
Previous resistance now likely to act as strong support on any pullback.
Structure shows higher highs & higher lows, confirming an ongoing uptrend.
Immediate levels to watch:
Support: ₹428–420
Upside potential: ₹460 → ₹480 (positional)
🔹 Volume & Price Action
Breakout supported by healthy volume expansion, validating the move.
No major selling pressure visible near breakout zone so far.
🔹 Fundamental View
BEL is a Navratna PSU and a key player in defence electronics.
Strong order book driven by:
Defence modernization
Indigenous manufacturing (Make in India / Atmanirbhar Bharat)
Consistent revenue visibility, healthy margins, and improving ROE.
Virtually debt-free balance sheet adds financial stability.
🔹 Future Growth Prospects
Long-term beneficiary of India’s rising defence spending.
Increasing focus on:
Radar systems
Electronic warfare
Missile & naval electronics
Export opportunities and private-defence collaboration act as additional growth triggers.
Well-positioned for sustainable compounding over the next few years.
🔹 Conclusion
Technically strong breakout + fundamentally robust business.
Suitable for positional & long-term investors on dips near support.
Trend remains bullish as long as price sustains above ₹420–428 zone.
==============
⚠️ Disclaimer:
==============
This content is shared strictly for educational and informational purposes.
We are not SEBI-registered investment advisors or analysts.
The views expressed are personal opinions, based on publicly available data and market observations.
Please consult a SEBI-registered investment advisor before taking any investment or trading decisions.
Any actions taken based on this content are entirely at your own risk and responsibility.
========================
Trade Secrets By Pratik
========================
Investment
Axis Bank | Intraday Price Behavior Using Square-Based GeometryDisclaimer:
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Educational Case Study | 1 April 2024
This idea shares an educational intraday case study on Axis Bank, focusing on how price capacity and time awareness were observed using square-based geometric methods discussed in classical market studies.
The objective is to study historical chart behavior, not to suggest trades or outcomes.
📊 Chart Context
Instrument: Axis Bank Ltd. (NSE)
Date: 1 April 2024
Timeframe: 15-minute (Intraday)
During the early part of the session, Axis Bank showed upward movement. A structured framework was applied to observe how price interacted with predefined reference levels as the session progressed.
🔍 Observational Framework Used
The low of the initial intraday structure was treated as a reference point (around 1048)
From this reference, square-based projections were observed
A level near 1064 aligned with a 45-degree projection, often associated with normal intraday price reach in historical studies
A higher projection was noted only as a contextual boundary, not an expectation
All levels were considered potential reaction zones, not fixed resistance points.
📈 Observed Intraday Behavior
Price gradually moved toward the projected zone during the session
Near this area, the market showed temporary pressure and difficulty sustaining above the level
A short-term response was observed around the projected zone
Minor price variation around the level was consistent with normal market behavior
This observation aligns with how price has historically interacted with similar geometric areas.
📘 Educational Takeaways
Square-based geometry can help outline logical intraday price capacity
The 45-degree projection often acts as an area of interest, not a precise barrier
Time awareness adds structure when observing intraday movement
Small deviations around projected zones are normal and expected
This approach encourages rule-based observation rather than precision fixation
All insights are based on historical chart study only.
📌 Important Note
This case study is shared strictly for learning and research purposes.
Geometric levels and time windows do not guarantee outcomes and should be treated as contextual analytical tools.
Market behavior may include:
Temporary pauses
Short-term pressure
Continuation or expansion depending on broader structure
🚀 Summary
This intraday case study demonstrates how price geometry and time alignment can be used to observe market behavior objectively and systematically.
More educational chart studies will follow.
Axis Bank | Intraday Price Behavior Near Square-Based LevelsDisclaimer:
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Educational Case Study | 8 April 2024
This idea documents an educational intraday case study on Axis Bank, focusing on how price–degree alignment and time awareness were observed using square-based geometric methods commonly referenced in classical market studies.
The purpose of this post is to study chart behavior, not to suggest or validate trades.
📊 Chart Context
Instrument: Axis Bank Ltd. (NSE)
Date: 8 April 2024
Timeframe: 15-minute (Intraday)
During the session, Axis Bank showed early upward momentum. A structured geometric framework was applied to observe how price behaved relative to predefined reference levels throughout the day.
🔍 Methodology (Observational Framework)
The session low was treated as a reference point for structure
From this reference, square-based projections were observed
A level near 1079 aligned with a 45-degree projection, often associated with normal intraday price reach in historical studies
Higher projections were noted only as contextual markers, not expectations
All levels were treated as potential reaction zones, not fixed barriers.
📈 Observed Intraday Behavior
Price approached the projected zone during mid-session
Near this area, the market showed temporary pressure and difficulty sustaining above the level
The broader intraday range remained contained within the projected boundary
This behavior aligned with previously observed historical responses around similar geometric zones
No execution, trade direction, or outcome is implied.
📘 Educational Takeaways
Square-based geometry can help define logical intraday price boundaries
Certain angles may act as areas of interest, depending on market context
Time awareness adds structure when observing intraday movement
This approach emphasizes price structure over indicators or signals
All insights are derived from historical chart observation only.
📌 Important Note
This case study is shared solely for learning and research purposes.
Geometric levels do not guarantee outcomes and should always be used as contextual tools.
Market behavior may include:
Temporary pauses
Short-term pressure
Range expansion or contraction depending on conditions
🚀 Summary
This intraday case study highlights how price geometry and time alignment can be used to observe market behavior in a structured and objective manner.
More educational chart studies will follow.
Bitcoin Investment strategyTime-Based Accumulation & Distribution Idea
Bitcoin has historically respected long-term time cycles. Rather than focusing on short-term price noise, this idea explores a time-window approach that aligns with structural supply shocks and market psychology.
The concept is simple but powerful:
identify a accumulation phase well before the event, and a distribution window once the cycle matures. These windows are not about exact tops or bottoms, but about positioning within a broader asymmetric opportunity.
This approach assumes volatility, drawdowns, and false signals along the way — but the edge lies in time in the market, not timing the market.
With the next accumulation already on the clock, the question isn’t if the cycle repeats — but how it expresses itself this time.
More insights as we get the next signal
NIFTY 2Hr ChannelNSE:NIFTY
NIFTY 50 – 2H Structure Update
Nifty is trading within a well-defined rising channel, indicating an intact medium-term bullish structure.
Price has taken support from the demand zone (blue zone) and bounced strongly, confirming buyers’ presence at lower levels.
Currently, price is consolidating above the previous breakout zone (~26,100), which now acts as an important support.
As long as this support holds, the higher-high higher-low structure remains valid.
🔹 Immediate Support: 26,100–26,000
🔹 Resistance / Supply: Near upper channel zone
🔹 Trend Bias: Buy on dips while above demand
🔹 Risk Area: Sustained breakdown below the blue zone can invite deeper retracement
Market is in a healthy pause after a sharp rally, not weakness.
Patience and level-based trading is the key here.
==============
⚠️ Disclaimer:
==============
This content is shared strictly for educational and informational purposes.
We are not SEBI-registered investment advisors or analysts.
The views expressed are personal opinions, based on publicly available data and market observations.
Please consult a SEBI-registered investment advisor before taking any investment or trading decisions.
Any actions taken based on this content are entirely at your own risk and responsibility.
========================
Trade Secrets By Pratik
========================
HEROMOTOCO – Wave 5 Setup Unfolding After Ideal Wave 4 📘 HERO MOTOCORP – Wave 5 Setup from Textbook Elliott Structure
Timeframe: Weekly
Structure: Impulsive (1–2–3–4 complete) → Preparing for Wave 5
Type: Positional Swing Setup | Elliott Wave Based
🔍 1. Elliott Wave Structure Breakdown:
Wave 1: ₹1,475 to ₹3,629
Wave 2: Retraced to ₹2,146.85 (between 50%–78.6% Fib of Wave 1)
Wave 3: Impulse to ₹6,246.25
Wave 4: Currently correcting between 38.2%–61.8% Fib of Wave 3 (₹4,680–₹3,712)
✅ Price found support near ₹3,344, which is just below 61.8% retracement – a common zone for Wave 4 completion.
🟫 2. Wave 4 Support Zone – ₹3,712 to ₹3,344:
This zone is acting as a potential reversal base with:
Fib retracement confluence: 38.2%–61.8% of Wave 3
Failed breakdown attempts followed by recovery candles
CHoCH observed in lower timeframes – suggests momentum shift
🟩 3. Breakout Confirmation Level – ₹4,680:
Breaking above ₹4,680–₹4,800 range would confirm Wave 5 activation
Indicates structure validation + bullish resumption
Close above this zone = strength & momentum breakout
📈 4. Wave 5 Target Projection – ₹6,595 to ₹7,019:
Calculated using:
113%–127% Fibonacci extension of Wave 3
Historical rally symmetry from Wave 1 and 3
Target zone offers positional upside potential of ~55%+
🛑 5. Stop Loss & Invalidation Level:
SL Zone: ₹3,344
Sustained breakdown below this invalidates Wave 4 base
Can lead to sharp drop toward ₹2,600–2,900 (next Fib cluster)
✅ 6. Trade Plan (Swing):
Accumulation Zone: ₹3,700 – ₹4,300 (if support structure holds)
Breakout Entry: Close above ₹4,680–4,800
Stop Loss: ₹3,344
Target: ₹6,595–7,019 (Wave 5 zone)
🧠 7. Why This Setup Matters:
Elliott Wave Confluence: Clean 1–2–3–4 formation
Textbook Fib Behavior: Wave 2 and Wave 4 within ideal retracement ranges
Defined R:R Structure: Tight invalidation + 1:2+ reward
Momentum Setup: Wave 5 can unfold rapidly once confirmed
📌 Conclusion:
HERO MOTOCORP is poised for a potential Wave 5 rally after a well-behaved corrective Wave 4.
A breakout above ₹4,680 could trigger bullish continuation toward ₹7,000+.
This is a classic trend continuation setup for wave-based swing traders.
AlbertDavid - At supportsCMP 752.70 on 05.01.26
All important levels are marked on the chart. The stock price is on the 5-year-old support levels. If it bounces from these levels, it may go into a bullish phase. Possible targets may be 900/1000/1100, and even more, depending on forthcoming parameters.
The setup fails if the price sustains below the 720-710 levels.
The risk-reward ratio is quite good at the moment.
One must determine the position size according to the risk capacity. Always keep your stop-loss confirmed.
All these illustrations are only for educational and learning purposes, it should not be considered as a buy or sell recommendation. Please do your research before any trade or consult your financial advisor.
All the best.
RR KABEL : Breakout Soon Candidate NSE:RRKABEL
🔹 Technical View
Strong recovery from ₹900 zone
Price testing major resistance at ₹1,500–1,510
Above ₹1,510 (weekly close): Breakout → ₹1,650–1,800
Support: ₹1,380–1,400
Structure turning higher high–higher low → bullish bias
🔹 Fundamental Snapshot
Strong brand in wires & cables
Consistent growth, improving margins
Beneficiary of housing, infra & electrification demand
🔹 Outlook
Above ₹1,510: Momentum trade active
Below ₹1,380: Consolidation risk
Medium–Long term: Structurally bullish
Disclaimer:
This content is shared strictly for educational and informational purposes.
We are not SEBI-registered investment advisors or analysts.
The views expressed are personal opinions, based on publicly available data and market observations.
Please consult a SEBI-registered investment advisor before taking any investment or trading decisions. Any actions taken based on this
content are entirely at your own risk and responsibility.
Trade Secrets By Pratik
KEI : Strong Business, Breakout Loading..??NSE:KEI
🔹 Technical Analysis
Price approaching long-term falling trendline
Break & sustain above ₹4,300 → bullish breakout confirmation
Resistance: ₹4,300–4,350
Support: ₹3,790
Above ₹4,300 → ₹4,600–4,900 possible
Below ₹3,790 → consolidation / pullback risk
🔹 Fundamental Snapshot
Strong player in cables & wires
Consistent revenue & profit growth
Healthy ROE, strong execution track record
Beneficiary of power, infra & real estate capex
🔹 Future Growth Outlook
Demand tailwinds from:
Power transmission
Renewables
Infrastructure push
Capacity expansion supports long-term growth
Structurally bullish business
🔹 View
Short term: Breakout watch above ₹4,300
Medium–Long term: Bullish on dips
Risk: Failure near trendline → range-bound move
==============
⚠️ Disclaimer:
==============
This content is shared strictly for educational and informational purposes.
We are not SEBI-registered investment advisors or analysts.
The views expressed are personal opinions, based on publicly available data and market observations.
Please consult a SEBI-registered investment advisor before taking any investment or trading decisions.
Any actions taken based on this content are entirely at your own risk and responsibility.
========================
Trade Secrets By Pratik
========================
JIOFIN : Strong Story, Weak Chart — Waiting for the Breakout.NSE:JIOFIN
📊 Jio Financial Services – Quick Analysis (Weekly)
CMP: ~₹297
🔹 Technical
Above ₹301, price may see a technical rebound with pullback buyers becoming active.
Primary trend bearish (lower highs–lower lows)
Price inside descending channel / falling wedge
Resistance: ₹330–335
Support: ₹288
Above ₹335 (weekly close): Trend reversal
Below ₹288: Downside risk to ₹260–240
🔹 Fundamental
Debt-free NBFC backed by Reliance Group
Strong balance sheet, execution still evolving
Valuation driven by future potential, not current earnings
🔹 Future Growth
Entry into lending, payments, AMC, digital finance
Leverages Jio ecosystem & data advantage
Growth depends on speed of monetization & execution
🔹 Outlook
Short term: Range-bound / weak
Medium term: Neutral till ₹335 breakout
Long term: Positive with patience
==============
⚠️ Disclaimer:
==============
This content is shared strictly for educational and informational purposes.
We are not SEBI-registered investment advisors or analysts.
The views expressed are personal opinions, based on publicly available data and market observations.
Please consult a SEBI-registered investment advisor before taking any investment or trading decisions.
Any actions taken based on this content are entirely at your own risk and responsibility.
========================
Trade Secrets By Pratik
========================
TRENT : When price corrects, smart money observes — not panics.NSE:TRENT
Technical View (Monthly)
Long-term trend bullish, currently in a healthy correction
0.618 Fibonacci support: ₹3,900–4,100 → key demand zone
Resistance: ₹4,900–5,000 (must cross for fresh uptrend)
Trend damage only if: Monthly close below ₹3,800
Expect sideways consolidation before the next big move
Fundamental View
Strong retail brands, aggressive store expansion
Earnings growth is strong, but the valuation was stretched
Current correction = valuation & time adjustment, not business issue
Future Growth Outlook
Positive long-term drivers: consumption growth + scale benefits
Near-term returns may stay muted; 3–5 year story intact
Actionable Summary
Investors: Accumulate near ₹4,000 with patience
Traders: Bullish only above ₹5,000
Risk: Breakdown below ₹3,800
Verdict: High-quality stock in correction phase, not a trend reversal.
==============
⚠️ Disclaimer:
==============
This content is shared strictly for educational and informational purposes.
We are not SEBI-registered investment advisors or analysts.
The views expressed are personal opinions, based on publicly available data and market observations.
Please consult a SEBI-registered investment advisor before taking any investment or trading decisions.
Any actions taken based on this content are entirely at your own risk and responsibility.
========================
Trade Secrets By Pratik
========================
NIFTY REALTY [CNXREALTY] ABOUT TO GIVE THE BIGGEST RALLY?Technical Setup 🚀
1. Trading in a parallel channel
2. 18-month ROC bottoming out
3. Flag formation on the monthly time frame
4. Multiple cup-and-handle patterns on the daily time frame
5. Breakout expected once it closes above ₹975
6. Short-term target: ₹1,240 (Cup & Handle)
7. Long-term target: ₹1,650 (Monthly Flag)
Feel free to share your thoughts in the comments!
Not SEBI-registered ⏐ All views are personal ⏐ Not investment advice
KOLTEPATIL - Wave Analysis
Educational breakdown based solely on chart structure
🔍 1. Chart Findings & Market Structure
The chart shows a clear Elliott Wave progression, where the previous impulse (Primary Wave A) topped near ₹493–524, followed by a corrective ABC decline.
✔ Key Observations
Primary Wave A formed an impulsive rally inside a rising channel.
The price later broke structure (CHoCH) indicating loss of momentum.
Current price (₹377) is trading inside the ABC structure completion zone of ₹371–385, a critical decision area.
A deeper correction toward ₹293–308 remains possible if Wave C extends.
🎓 2. Educational Points (Why These Levels Matter)
📘 A. Extended Retracement Zone: 113–128%
The chart marks ₹493–524 as the extended retracement area, which often acts as:
A wave A termination area
Strong reversal zone
Liquidity grab region
This supports the idea that the major impulse from March–July is complete.
📘 B. Wave B / Wave 2 Retracement
A natural correction for Wave B or Wave 2 typically pulls back 50–78% of the previous impulse.
This gives the ₹368–294 broad range as the acceptable retracement.
📘 C. Completing Wave C (Corrective ABC)
Wave C generally equals Wave A or 1.272–1.618 extension of Wave A.
The chart’s projection supports a potential completion:
First zone: ₹371–385 (current test)
Final zone: ₹293–308 (if extended C-wave unfolds)
📉 3. Current Price Action Insight
Price is currently hovering near the ABC structure completion zone (₹371–385).
No strong bullish reversal candle is visible yet—indicating buyers are waiting for confirmation.
Price remains in a downward corrective structure, but nearing exhaustion.
This phase is ideal for planning, not rushing.
🔮 4. Future Prediction Based on Wave Theory
Two scenarios emerge:
🟦 Scenario 1: ABC Correction Completes at Current Levels (₹371–385)
If the current demand zone holds:
Price forms a wave B bottom and begins Primary Wave C upward.
Expected targets:
🎯 First Target: ₹461–473
🎯 Final Target: ₹561 (Primary Wave C completion zone)
🟥 Scenario 2: ABC Correction Extends to ₹293–308
If ₹371–385 fails:
Market enters the correction wave 5 completion zone (₹293–308).
From this demand block, a stronger bullish reversal is expected.
Long-term bullish structure remains intact if it stays above ₹284 (stop level).
🛒 5. Buying Strategy (Educated Approach)
🟩 FIRST BUYING RANGE: ₹371–385 (Conservative Entry)
Enter only if:
Strong bullish candle (engulfing / pin bar / OB reclaim)
RSI bullish divergence
Price closes above structure high (minor CHoCH)
🟦 SECOND BUYING RANGE: ₹293–308 (High-Value Entry)
A deeper correction provides:
Lower risk
Maximum R:R
Stronger probability of reversal
Use this zone if the first one fails.
⚖ 6. Risk–Reward Analysis
If entering at ₹371–385
Stop-Loss: Below ₹284 (daily close basis)
Upside Potential: Up to ₹561
Reward : Risk Ratio: Approx 3.5–4.2 R
If entering at ₹293–308
Stop-Loss: Below ₹284
Upside Potential: Up to ₹473–561
Reward : Risk Ratio: Approx 5–7 R (excellent)
🔐 7. Confirmation Strategies for Better Entries
Use any two or more of the following:
✔ 1. Market Structure Shift
Wait for a CHoCH above the last swing high inside the zone.
✔ 2. Volume Expansion
Rising green volume during rebound increases reliability.
✔ 3. Bullish Divergence (RSI or MACD)
Signals weakening sellers.
✔ 4. Break & Retest Method
Let price break a minor resistance
Enter on retest to confirm strength
✔ 5. Demand Zone Reaction
Look for:
Long tail candles
Absorption wicks
Order block reclaim
These indicate smart money interest.
🧠 8. Summary & View
The stock is in the final leg of a correction and is approaching highly reactive Fibonacci zones.
Structure favors a bullish wave (Primary Wave C) in the coming months if key support holds.
📌 First confirmation: Bounce from ₹371–385
📌 Strongest bullish case: Reversal from ₹293–308
📌 Invalidation: Close below ₹284
The long setup has strong wave logic, clean levels, and attractive R:R.
⚠️ Disclaimer
This analysis is for educational purposes only and reflects wave-structure interpretation based solely on the provided chart.
I am not a SEBI-registered analyst.
Please conduct your own research or consult your financial advisor before trading or investing.
FLUENCE ENERGYFLUENCE ENERGY MADE DOUBLE BOTTOM with DIVERGENCE in monthly chart and also in process of forming CUP & HANDLE FORMATION, and it is at resistence level at $24, if it breaksout resistance at $24 we can expect to reach $30 & $44.
Chart analysis done on best of my knowledge, it may reach or may not reach targets :-)
KAZIA THERAPEUTICS LTD SPONSORED ADRKZIA made double bottom with divergence with good volume and breakout at $4.45 with first target of $22.5, if and second target of $41.7 and with can expect strong resistance at $41.7 and reverse might happen. If KZIA did breakout at this level we can expect rally till $79.
Analysis is made on weekly time fame for long term view
It is just my chart analysis upto best of my knowledge. As it is share market anything happen because market effects on many things happen in the world.
Thank you
Cholafin Long - Investment Ideas & AnalysisTechnical Analysis : Cholamandalam Investment and Finance Co. Ltd.
Current Price: 1,610.30
Multi-Timeframe Technical Analysis
Weekly Timeframe Pattern
The stock has formed a **Cup and Handle** pattern on the weekly chart, which is traditionally considered a bullish continuation pattern. This pattern suggests potential accumulation and a possible breakout scenario.
Daily Timeframe Analysis
On the daily chart, a * *Bullish Pennant* * formation has developed, indicating consolidation after a strong upward move. This pattern typically suggests continuation of the prior trend once a breakout occurs.
Key Technical Levels
Fibonacci Retracement Levels:
- 0 Level: ₹1,491.20
- 0.5 Level: ₹1,567.70 (approximate support zone)
- 0.618 Level: ₹1,595.45 (golden ratio support)
- 1 Level: ₹1,644.20
- 1.272 Level: ₹1,685.80
- 1.414 Level: ₹1,707.55
Current Price Action:
The stock is trading near ₹1,610.30, positioned between the 0.618 and 1.0 Fibonacci levels, suggesting a mid-range consolidation zone.
Upside Targets
If the bullish patterns play out and the stock breaks above recent resistance:
- **Primary Target:** Based on the Fibonacci extension, the measured move suggests potential toward ₹1,685-₹1,708 range
- **Pattern Target:** The Cup and Handle height projection aligns with Fibonacci extension levels
Support Analysis
- **Immediate Support:** ₹1,595-₹1,600 zone (0.618 Fibonacci level)
- **Strong Support:** ₹1,567 region (0.5 Fibonacci level)
- **Major Support:** ₹1,491 (pattern base/0 level)
With Nifty made a Bounce back and if the rally continues, adds advantage for the stock to break previous resistance." This highlights the **correlation with broader market sentiment** (Nifty index), suggesting the stock's performance may be influenced by overall market conditions.
Swing Trading Perspective
For short-term traders, the Cup and Handle height provides a **measured move target**. However, confirmation of breakout above resistance with volume would be essential before entry.
**Disclaimer:** This is a technical analysis based on chart patterns and historical price action. This is not financial advice. Traders should conduct their own research, consider risk management strategies, and consult with financial advisors before making trading decisions. Past performance does not guarantee future results.
Kirloskar Oil Engines - Swing TradeKirloskar Oil Engines Limited - Technical Analysis Report
Current Market Price: 1,005.70
MARKET BIAS: BULLISH RECOVERY IN PROGRESS
Kirloskar Oil Engines is currently trading at 1,005.70, showing signs of bottoming out after a significant correction from its all-time highs of ₹1,450+. The stock is now forming a potential reversal pattern.
KEY TECHNICAL OBSERVATIONS:
1. Major Support Zone - HOLDING STRONG ✅
The stock has found solid support in the 900-950 zone, which coincides with:
- Multiple moving average convergence (EMA 20/50/100/200)
- Previous resistance-turned-support from mid-2025
- Psychological round number support at 900
The price has bounced decisively from this zone, suggesting accumulation by institutional investors.
2. Consolidation Rectangle Pattern (Daily/Weekly)
A clear *rectangular consolidation box* :
- Upper Range: 1,016 - 1,050
- Lower Range: 900 - 950
This sideways movement indicates Distribution completion and potential energy buildup for the next directional move.
All major EMAs are converging in the 890-910 zone, creating a strong support cluster.
TARGET ANALYSIS:
Immediate Resistance Targets:
Target 1: 1,180 - 1,200 (First Major Resistance)
- Previous consolidation high from December 2025
- 61.8% Fibonacci retracement of the recent decline
Target 2: 1,334 (Secondary Target)
- Major swing high marked on weekly chart
- Psychological resistance zone
Target 3: 1,450 (Extended Target)
- Previous all-time high zone
- Final resistance before new highs
Critical Support Levels:
- 1,000: Immediate psychological support
- 900-920: MAJOR SUPPORT (EMA cluster + pattern base)
BULLISH BREAKOUT (Higher Probability - 65%)**
CONCLUSION:
Kirloskar Oil Engines is at a Critical juncture with strong technical setup favoring a Bullish breakout. The stock has:
- ✅ Successfully held major support zones
- ✅ Maintained position above all key moving averages
- ✅ Formed higher lows indicating accumulation
- ✅ Built a strong base for the next upward move
Disclaimer: This analysis is for educational purposes only. Please consult with your financial advisor before making investment decisions. Past performance does not guarantee future results.
JSPL: Steeling Up for a Breakout MoveNSE:JINDALSTEL
======================================
1. Technical Analysis (Chart)
======================================
Trend: Strong Bullish (Higher Highs, Higher Lows).
Breakout Zone: ₹1,084. A weekly close above this enters uncharted territory (Blue Sky Zone).
Immediate Support: ₹1,002. The trend remains positive as long as the price holds above this.
Major Support: ₹770. Best accumulation zone for long-term investors.
Price Action: Currently consolidating at the top. A "Red Candle" at resistance suggests minor profit booking before the next leg up.
======================================
2. Fundamental Analysis (Q2 FY26 Data)
======================================
Recent Earnings: Weak. Net Profit fell ~26% YoY to ₹635 Cr due to higher input costs, though Revenue was stable at ₹13,505 Cr.
Valuation: Expensive. Trading at a P/E of ~39x (vs Industry ~20x). The market is pricing in future growth, leaving little room for error.
Margins: Compressed to ~17-18% (down from ~24%).
Debt: Controlled. Net Debt reduced to ~₹14,156 Cr, showing good balance sheet discipline despite heavy Capex.
======================================
3. Future Growth (The "Why" to Buy)
======================================
Angul Expansion: Capacity recently jumped from 6 MTPA to ~12.6 MTPA. This volume doubling is the key revenue driver for FY26-27.
Product Shift: Moving to Flat Steel (Hot Strip Mill). This commands higher margins than construction steel.
Raw Material Security: Owns captive coal mines (Utkal-C), protecting it from global coal price shocks better than peers.
2030 Vision: Aiming for 25 MTPA capacity, targeting to be the world’s largest single-location steel plant.
⚠️ Disclaimer:
This analysis is for educational and informational purposes only.
We are not SEBI-registered analysts or advisors.
This is our personal view based on available data and market trends.
Please consult your SEBI-registered investment advisor before making any investment or trading decisions.
You are solely responsible for any financial decisions you make based on this content.
========================
Trade Secrets By Pratik
========================
Interarch Building Solution Ltd — Weekly Chart AnalysisInterarch Building Solution Ltd recently broke above a well-defined resistance zone around ₹2,400 after consolidating for several weeks.
The breakout candle is supported by noticeable volume, which validates the move and makes it a strong case study for breakout learners.
What can we learn here:
Breakouts are more reliable on higher timeframes like weekly charts.
Volume expansion often precedes sustained momentum.
Patience during consolidation phases pays off when structure confirms breakout.






















