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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
NSE:RRKABELLong
by Trade_Secrets_By_Pratik
2
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 ========================
NSE:KEILong
by 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 ========================
NSE:JIOFINLong
by 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 ========================
NSE:TRENTLong
by 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
NSE:CNXREALTYLong
by RaoBros
3
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.
NSE:KOLTEPATILLong
by LiveTradingBox
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
NASDAQ:KZIALong
by satyagajula
1
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.
NSE:CHOLAFINLong
by earnwhileulearn
1
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.
NSE:KIRLOSENGLong
by earnwhileulearn
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 ========================
NSE:JINDALSTELLong
by 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.
NSE:INTERARCH
by The_Chart_Couple
Astral Ltd – Strong Base, High ExpectationsNSE:ASTRAL 🔹 Fundamental Overview Business Profile: Astral is a leading player in India’s building materials sector, engaged in manufacturing pipes, fittings, adhesives, and bathware products with a strong brand presence and pan-India distribution. Financial Strength: The company maintains an exceptionally strong balance sheet with very low debt (Debt/Equity ~0.04), reflecting conservative financial management. Profitability: Delivers ROE around 14 % and ROA near 10 %, demonstrating healthy operational efficiency. Valuation: The stock trades at a premium valuation with a P/E near 80× and P/B above 10×, indicating high investor confidence and growth expectations. Growth Trend: Revenue and profit growth have been modest recently, with single-digit YoY expansion amid a slower construction cycle. Strengths: Industry leadership, strong brand recall, product diversification (plumbing to adhesives), and debt-free operations. Risks: Elevated valuation levels, cyclical exposure to real estate and construction demand, and potential margin pressure from input cost fluctuations. 🔹 Technical Overview Trend Direction: Long-term structure remains bullish, with the stock trading above its 50-day and 200-day moving averages. Momentum: RSI around 55, showing neutral momentum — neither overbought nor oversold. Trend Strength: ADX near 18 suggests a weak trend phase; stock may be consolidating before the next directional move. Support Levels: ₹1,420 – ₹1,430 range offers strong support for accumulation. Resistance Levels: ₹1,475 – ₹1,490 is a crucial breakout zone; a close above this range can trigger a fresh rally. 🔹 Investor Takeaway Outlook: Astral combines a debt-free balance sheet, premium brand positioning, and steady market dominance—making it a high-quality compounder in the construction materials space. Investment Horizon: Ideal for long-term investors (2–5 years) seeking exposure to India’s infrastructure and housing growth themes. Risk Profile: Moderate to high—strong company, but entry should be disciplined due to high valuation. ⚠️ 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 ========================
NSE:ASTRALLong
by Trade_Secrets_By_Pratik
Graphite India: Sparking the Next Electrode UpswingNSE:GRAPHITE Company snapshot India’s largest graphite electrode manufacturer; also produces specialty graphite, impervious graphite equipment, GRP pipes and high-speed steel. Capacity of ~98,000 TPA across plants at Durgapur and Nashik; Germany plant closed. Utilisation stood at ~83% in FY25. Investing in advanced carbon technologies; announced ~25,000 TPA capacity expansion (~123,000 TPA target). Market context Rising share of electric-arc-furnace (EAF) steel globally supports electrode demand. US anti-dumping duty (~93.5%) on Chinese graphite improves non-Chinese producers’ competitive positioning. Valuation & stock stats (Oct 2025) Share price ~₹625; 52-week range ~₹365–₹638. Market cap ~₹122 billion; P/E ~34; P/B ~2.1; dividend yield ~1.8%. Peer: HEG and other electrode-cycle players. Key fundamentals Q1 FY26 results: Total income ~₹789 crore; PAT ~₹145 crore; EBITDA ~₹200 crore. Business mix (FY25): Graphite & Carbon ~89%; Steel ~9%; Others ~2%. Ownership: Promoters ~65% (no pledge); FIIs ~6.6%; MFs ~7.5%; DIIs ~9.6%. Capacity & capex Base electrode capacity ~98,000 TPA; plan to expand by ~25,000 TPA. Expansion capex ~₹600–650 crore; timeline yet to be fully disclosed. Technical view Trend: Price is above 200-day moving average (~₹559); near 52-week high. Support zone: ~₹480–₹510–₹546. Resistance/breakout zone: ~₹630–₹640. Strategy: Positive momentum; consider buying on dips with support around ₹540. Actionable watch-points Electrode price trends and needle-coke spread (core margin driver). Execution of the ~25,000 TPA expansion—schedule, funding, payback. EAF steel cycle developments in India and globally. Policy/anti-dumping updates impacting Chinese graphite supply. Capital allocation: capex vs dividend, progress in advanced carbon tech. Key risks Slowdown in EAF steel or electrode demand; sharp rise in raw-material (needle coke) costs. Reversal of favourable trade or tariff policies. Expansion delays or weaker‐than‐expected product mix shift to lower margin grades. Stance Fundamental: Strong balance sheet, favorable cycle exposure, expansion potential. Technical: Bullish bias ⚠️ 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 ========================
NSE:GRAPHITELong
by Trade_Secrets_By_Pratik
Long Term Buy #GMRCurrent market Price: ₹153.35 Key Technical Analysis Points "Major Breakout Achievement" The stock has successfully broken out of a 16-year resistance level around ₹101.73, which had been a significant barrier since the 2009 highs. Previous ATH : ₹111.17 - Target 1: ₹125.86 - Target 2: ₹153.35 Key support : ₹101.73 (former resistance, now support) **Long-term Pattern**: The chart shows a classic long-term consolidation pattern from 2009-2023, followed by a strong breakout and retracement that successfully held above the breakout level. Conservative Trader can Initiate buy above ₹101.73 Breakout. The stock experienced significant highs around 2009-2010, followed by a prolonged bear market and consolidation phase lasting over a decade. The recent breakout suggests a potential new bull cycle for the airport infrastructure company.
NSE:GMRAIRPORTLong
by earnwhileulearn
SchaefflerInd - Technical Analysis#Schaeffler India - Technical Analysis Report Current Price: 4,141.10 / Prev ATH @4951. Trade Setup Overview Basic Dow Theory : Stock is making Higher High - Higher Low by Breaking previous ATH decisively and stock is down to strong Demand Zone for retracement. Stock is in consolidation before breaking previous ATH & currently forming Flag & Pole Pattern. Entry on breakout above resistance 4,200-4,300 Conservative Stop Loss at 3,800 | Tight SL near 4,000 Tgt 1: 4,602 Tgt 2: 4,776 Tgt 3: 5,026 Grand Flag & Pole Target: 5,495. Technical Highlights: - Trend Reversal confirmed by breaking previous High on May 2025 around 2,800 - Price consolidating after strong recovery rally - Trading above key moving averages - Breakout above 4,300 resistance could trigger momentum toward 4,600 / 5495 Risk-Reward: Favorable R:R with potential 11-33% upside vs 3-8% downside to stop loss levels.
NSE:SCHAEFFLERLong
by earnwhileulearn
1
RUSTOMJEE: Structure Shift Pending Structure overview Price has completed a corrective downswing into a high-probability demand cluster marked as the Wave C completion zone 539–551 , aligning with prior structure support and the recent change‑of‑character (ChoCH) retest. The preceding upswing from May formed an impulsive leg (A), followed by a three‑leg pullback (a‑b‑c) that is now basing near the green box. The broader thesis is a potential transition from correction to the next advancing leg (C) if the stock holds above the invalidation band and reclaims the upper boundary of the box with expanding volume. Key levels Buy zone: 551–539 (staggered entries). Trigger confirmation: Daily close above 573–575 (ChoCH shelf) and then 588–590 (range high) to open momentum. Targets: T1 597–605 (gap/structure), T2 654–675 (swing supply), Primary target 754–777 (projected Wave‑C completion). Invalidation/Stop: Day close below 510–512 cancels the bullish swing; expect deeper retest into 481–441 if violated. Momentum and pattern notes The decline into 539–551 shows slowing downside and overlapping candles, consistent with completion of wave c. A higher low above 539 followed by a break of 588 would confirm a trend inflection. Volume expansion on green days near 560–575 will strengthen the reversal case; weak bounce with fading volume would argue for more range before lift‑off. Trade plan (cash/swing) Entry 1: Accumulate small size within 551–539 with a tight stop under 535 intraday and core stop on day close below 510–512. Entry 2 (confirmation): Add on a daily close above 573–575; raise stop to 545. Entry 3 (breakout): Add on strong close above 588–590 with volume; trail under the breakout bar low. Exits: Scale 30–40% at 597–605, another 30% around 654–675, and ride the rest toward 754–777 with a weekly trailing stop under higher lows. Option tactics (if applicable) Bull call spread when cash closes above 575: buy near‑ATM call, sell +80 to +120 OTM to reduce theta and cap risk. Consider a calendar call around 560 if expecting a slower grind higher. Exit or roll if the stock loses 575 on a closing basis after entry. Risk management Position sizing: Risk a fixed fraction of equity (0.5–1%) based on the 510–512 invalidation; avoid adding if price threatens the stop. Respect daily/weekly closes for decisions; intraday spikes are common near base zones. If the stock closes below 510–512, step aside and wait for a fresh base closer to 481–441. Prediction Base‑case scenario favors a swing advance from 551–539 toward 597–605, then 654–675 within 2–6 weeks, with the potential to extend into 754–777 if 590 holds post‑breakout and market breadth supports. Failure to reclaim 575–590 quickly would likely keep the stock range‑bound between 551 and 590 before the next directional move. Disclaimer: This post is for education only and is not investment advice or a solicitation to buy/sell securities; I am not a SEBI registered analyst .
NSE:RUSTOMJEELong
by LiveTradingBox