Multi-Year Support Respected – Is the Bottom In for Rssoftware?🔎 #OnRadar
#Rssoftware (R.S. Software India Ltd.)
Multi-Year Support Respected – Is the Bottom In for Rssoftware?
CMP: 88.10
📊 Technical Outlook (Monthly Chart):
The stock corrected sharply from its #DoubleTop zone of 367, hitting a low near 46—right at a key confluence support zone of 47–52. This zone has historically acted as a strong support and resistance area, and once again, price has shown a bounce from this level.
Currently showing upward momentum, the next significant resistance is around 209. Sustained move above this could potentially lead towards retesting the previous #DoubleTop zone of 357–415 over the long term.
📌 Disclaimer: This is a technical observation shared for educational purposes only. It is not a buy/sell recommendation. Please consult a SEBI-registered advisor before making any investment decisions.
#TechnicalAnalysis | #PriceAction | #ChartSetup | #LongTerm
Longterm
Massive Symmetrical Triangle on Kakatiya Cement – Eyes on 599?🔎 #OnRadar
#Kakatcem (Kakatiya Cement Sugar & Industries Ltd.)
CMP: 166.40
📈 Technical Outlook (Monthly Chart | For Educational Purpose Only):
A #SymmetricalTriangle pattern appears to be forming on the monthly timeframe.
📌 Price took support near the rising trendline (~130) and is now showing signs of recovery. If momentum sustains, the stock may head toward the falling trendline resistance of the triangle.
A monthly close above the falling trendline could indicate a potential breakout from this long-term pattern — which, if successful, may open up room for a move towards its all-time high zone around 599 .
⚠️ Disclaimer: This post is shared only for educational and observational purposes. It is not a buy/sell recommendation. Please consult a financial advisor before making any investment decisions.
#TechnicalAnalysis | #SymmetricalTriangle | #ChartPatterns | #PriceAction | #LongTerm
CARTRADE Observation learning- 1st absorption
look at price, big green candle with wick selling pressure
But price continue hold and absorp sellers pressure.
After given good break outmove sharply up side
Again' same things happen, selling pressure absorption happened in tight range
After now trying to break ATH(all time high) still closing pending.
This trade still not confirmed yet.
Just sharing my observation & leading.
OFSS : Turning Back?📊 Technical Analysis: OFSS – Weekly Chart
🌀 Elliott Wave Count
The chart shows a classic impulsive 5-wave Elliott structure.
Currently, Wave 4 seems to have completed in the zone of ₹6824–₹9253.
The current price action indicates the beginning of Wave 5, targeting significant upside.
🟦 Wave 4 Completion Zone: ₹6824–₹9253
Strong buying interest observed in this zone.
Multiple bullish candles from the support band indicate trend resumption.
Wave structure suggests upside momentum may now pick up.
🟩 Long-Term Target Zone: ₹13,995 – ₹14,889
Based on the projected Wave 5 extension, the upside potential is nearly +70% from current levels.
Ideal for long-term investors and positional traders.
📝 Trade Setup
✅ Entry:
Current Market Price (CMP) ~ ₹8,957
🎯 Targets:
T1: ₹13,995
T2: ₹14,889
❌ Stop Loss:
Weekly close below ₹7,629 (Wave B retracement & structure invalidation)
📈 Risk-Reward Ratio: ~5.54
🔒 Risk per share: ₹1,106
🚀 Potential Gain per share: ₹6,124
🧠 Trade Logic
Strong Elliott wave structure favors Wave 5 continuation.
Risk is well-defined and acceptable for the expected return.
Ideal case of “buying into the start of an impulsive wave”.
📌 Summary:
OFSS has completed its Wave 4 corrective phase and is now positioned for a strong Wave 5 rally. Long-term investors may consider accumulating near current levels for a target of ₹14,800+, maintaining a strict SL below ₹7,620 on a weekly close basis.
Pudumjee paper- A paper rocket to fly 100% minimum in long term1. A decisive breakout above 130 is needed and it should sustain above it atleast for 1 month.
2. First target – 180
3. Second target – 100% minimum from current price depending upon the time it takes to break the current parallel channel and the 180 resistance.
Note: This is for educational purpose only and not a trade recommendation.
HAPPSTMND: Analysing the Bullish BreakoutHappiest Minds Technologies ( HAPPSTMND ) has recently exhibited a significant shift in market dynamics, marking a potential end to its prolonged downtrend that commenced in July 2024 . In a recent trading session, the stock registered an impressive 11% gain in single trading session signaling a resurgence of buyer interest.
This notable price appreciation was accompanied by a substantial surge in trading volume, with approximately 25M shares changing hands. This volume figure represents nearly 15 times the 20 MA volume, indicating a robust influx of buying conviction and significant market participation behind the upward move. Such a volumetric anomaly often provides strong confirmation for price breakouts or reversals.
From a momentum perspective, the technical indicators are also aligning to support a more constructive outlook. The MACD indicator on the weekly timeframe executed a bullish crossover several weeks ago, a development that typically precedes or accompanies long-term upward trends. Furthermore, the RSI has now advanced to the 54 level . While not yet in overbought territory, this move above the 50-mark suggests increasing bullish momentum and a healthy strengthening of the trend. This confluence of weekly MACD signals and improving daily RSI readings points towards a potentially strong long-term bullish movement.
Considering these technical observations, the stock may face a significant long-term resistance level around ₹794 . This level could present a crucial test for the prevailing bullish momentum, where a sustained breakout might pave the way for further upside. Conversely, for risk management purposes, traders may identify a suggested stop-loss zone and a breakout zone as illustrated on the accompanying chart, which would serve as key areas to monitor for potential shifts in price action or to define risk parameters.
Disclaimer: The information provided in this technical analysis is for informational and educational purposes only and should not be construed as financial advice. It is based on observations from historical price and volume data, and commonly used technical indicators. Market conditions can change rapidly, and past performance is not indicative of future results. All trading and investment decisions involve inherent risks, and losses can exceed initial investments. Always conduct your own comprehensive due diligence and consult with a qualified financial advisor before making any investment decisions.
Reliance industries ltd. Deep AnalysisSharing my Analysis on Reliance (RIL). (Only for Education Purpose)
This analysis is based on Higher Time Frame (Daily)
Past Move scenario ----
1. If we see on chart, after 3rd oct. 2024, Price has completed major liquidity sweep below internal lows followed by Market Structure Shift (Marked as MSS) and for that it took 6 months.
2. After that External liquidity sweep been performed near to 1100 levels which is also marked as Extreme POI which triggered an impulse move of 350 points with funds inflow which pushed price to 1451 levels. (Here it just took 1 months only)
Current Move Scenario ----
===upside there we saw volume imbalance + Breaker block where price is making resistance or rejecting upside move.
(Potential Short Term Supply Zone 1450-1488 levels)
Expected Short Term Bias ---
Downside levels --- 1335 (Breaker Block + Discount Zone)
Upside Resistance ---- Cross of Order block range 1496
Expected Long Term Bullish Bias -- Likely after Retracement to downside Vo. Imbalance and + Breaker block
Re-Entry Long Zone - 1335-1350
Upmove expected to 1500 Imbalance levels
above that Final External Liquidity zone to 1560
Steps --- Accumulation ---Expansion ---Re accumulation, targeting External Liquidity.
Everything mentioned on chart itself.
{Above Views are only for Education purpose and do not consider it as any Advisory. Consult your Financial Advisor before investments in any securities.}
YOur Views or Comments are Welcomed.
ETHOSLTDETHOSLTD has given breakout after so long and after many attempt. It may face bit resistance near 3050 level but once it crosses it may take a new ride. It has a potential to go up to 3500 and above that it may enter in to uncharted area. If I talk about fundamental event then on 12 june it will be split by 1:1. So after split we may see volume bounce as well which may lead to start a momentum rally. Now if I talk about long term chart ie weekly/monthly then on both format it is showing very good strength. I won't be surprised even if it trades above 4400 levels. My view will be changed if it goes below 2650.
Is PSB The Right Bank To Invest Into?During the first half of 2024, NSE:PSB hit its peak levels near Rs. 80 and afterwards, it started falling down. However, when seen on the weekly chart, it was an expected down move and can be classified as a clean retracement. On April 1, 2025, marking the start of this financial year, the bank retraced to 78.6% fib level. It was also the same time when RSI hit 30 level on the weekly chart. Since then, it has been going up again.
The current situation is that the bank is already up from Rs. 25 to Rs. 33. However, it is today the price has crossed the 50 EMA on the daily chart. The RSI is also below 70, which shows a potential for up moves, which is further supported by the resistance line, which seems to be at Rs. 37 based on the current trajectory of the price movement. This is a 10%+ upside at minimum.
The Price to book is roughly 1.7x, which is not bad for a bank however, the Price to earnings is about 22, which is a bit concerning.
The bank is profitable for the last 4 years and has made about Rs. 1000 crores in the last 12 months, But it doesn't seems to be enough to justify the current valuation. However, the Plant/Property/Equipment of Rs. 1800 crores, which when revalued on current market estimates, might do the trick.
Overall, this trade is a bit late. The best time was two months ago. Currently, the risk:reward on the daily timeframe is not ideal; however it might be acceptable on a longer weekly time-frame, which might be suitable for investment purposes.
I am buying some shares for 1-2 year investment and keeping enough cash in reserves to average at Rs. 25 and then at Rs. 22.
~ Trading Idea by Dr. Sagar Bansal via @jyotibansalanalysis
Arkade Developers IPO breakoutAfter ipo promoter promised in concall about 10000cr revenue till 2029 in next 5 years. so aprox considering 27% pat margin they will deliver 2700cr profit. which is current networth of company. very stong fundamental plus technical bet
in this market fall promoter bought very huge quantity of shares, which also shows that they bealive in their commitment and actions forward. track
Credit rating downgrade and weak US economic data weaken the USD🔔🔔🔔 Gold news:
➡️The US dollar is attempting to stabilize following a previous decline, driven by a resurgence of the "Sell America" narrative, which triggered a broad sell-off in US assets across global financial markets. On Friday, Moody's downgraded the US sovereign credit rating by one notch from the pristine "Aaa" to "Aa1", undermining the "US brand."
➡️ Investors remain wary of the country's long-term fiscal outlook. According to Reuters, analysts have warned that Trump's sweeping tax cut proposals could add an additional $3 to $5 trillion to the nation's $36.2 trillion debt over the next decade. In response, risk-off flows dominated on Monday, boosting demand for the traditional safe-haven gold.
Personal opinion:
➡️ Gold prices remain in the 3190 – 3250 range and await the results of potential US trade agreements with India, South Korea and Japan.
➡️ Analysis based on resistance - support levels and EMA combined with trend lines to come up with suitable strategies
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3189 - 3192
❌SL: 3185 | ✅TP: 3196 - 3200 – 3205
👉Sell Gold 3203 - 3206
❌SL: 3199 | ✅TP: 3210 - 3215 – 3220
FM wishes you a successful trading day 💰💰💰
CITY UNION BANK - Buy above 188₹BUY BUY BUY CUB - Dont miss opportunity if 188₹ levels are broken
Ascending triangles tend to be bullish as they indicate the continuation of an upward trend. In some cases, they may point to the reversal of a downtrend. A descending triangle is bearish. That's because it points to the continuation of a downtrend or the reversal of an uptrend.
Long Term - Defence Fundamental PickDefence stocks are currently trading low due to the ongoing tariff trade war. Here are some strong fundamental picks to consider for long-term investment.
📊 Script: COCHINSHIP
⏱️ C.M.P 📑- 1338
🎯 PE 🏆 - 42.78
📊 Script: BDL
⏱️ C.M.P 📑- 1255
🎯 PE 🏆 - 81.3
📊 Script: GRSE
⏱️ C.M.P 📑- 1523
🎯 PE 🏆 - 44.2
📊 Script: PARAS
⏱️ C.M.P 📑- 917
🎯 PE 🏆 - 73.5
📊 Script: MAZDOCK
⏱️ C.M.P 📑- 2317
🎯 PE 🏆 - 34
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Long Term - Railway Fundamental PickRailway stocks are currently trading near their 52-week low because of the market decline. Here are some solid fundamental picks to consider adding to your portfolio for the long term.
📊 Script: RVNL
⏱️ C.M.P 📑- 335
🎯 PE 🏆 - 56.1
📊 Script: RAILTEL
⏱️ C.M.P 📑- 281
🎯 PE 🏆 - 32.4
📊 Script: IRCON
⏱️ C.M.P 📑- 144
🎯 PE 🏆 - 17.7
📊 Script: IRFC
⏱️ C.M.P 📑- 122
🎯 PE 🏆 - 24.5
📊 Script: TITAGARH
⏱️ C.M.P 📑- 748
🎯 PE 🏆 - 34.6
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Mastering Horizontal Breakouts: Avoid Traps with ExamplesCommon Pitfalls: Identify and avoid typical traps associated with horizontal breakouts.
Multi-Time Frame Analysis (MTFA): Learn how to apply MTFA for more accurate market predictions.
Selective Trading: Discover techniques to bypass low-probability setups and seize high-opportunity trades.
Charting Techniques: Explore adaptive charting methods with real-world examples to enhance your trading strategy.
Medi Assit Health Services- Long Term BetCompany Description:
Incorporated in June 2000, Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
It has passed a rigorous fundamental analysis screener.
Idea:
Once it crosses the yellow line with a good volume and a large green candle, it will start it's journey towards it's previous high.
BUY in the range 420-450
1st Target: 570
2nd Target: 750
3rd Target: 1000
Stop Loss: As per your risk reward.
Coforge-A perfect watchlist stock!Coforge is an IT services company providing end-to-end software solutions and services and is among the top-20 Indian software exporters according to Screener data. Stock has give 20% compounded sales growth in last 5 years which is quite remarkable.
Hence, It can be a good stock to be kept in watchlist for medium to long term.
Stock had given breakout of cup and handle pattern in weekly time frame and is now retesting the same.
Stock has formed a kind of morning star pattern at the retest support zone. Need to watch if it sustains above this zone.
As you can see, retest zone also coincides with 50% fib retracement which makes it even stronger.
If we see good buying in this stock from here, we can see ATH levels soon and even bigger levels in coming years.
However, If stock goes below 61.8% retracement, it is not advisable to hold.






















