Motherson (W): Strongly Bullish, Post-Bonus Breakout(Timeframe: Weekly | Scale: Logarithmic)
The stock has confirmed a major structural breakout, emerging from a 7-month consolidation phase. This move is supported by a "Higher Low" structure, rising volume, and recent analyst optimism.
📈 1. The Structural Context (The Turnaround)
- The Adjustment (Context): It is important to note that the price levels (ATH ~₹144) reflect the 1:2 Bonus Issue that occurred in July 2025. The stock is now recovering from the post-bonus correction.
- The Cycle:
- Peak: ATH of ₹144.66 in Sep 2024.
- Correction: A downtrend lasted until April 2025 , finding a base.
- Reversal: Since April, the stock has shifted character, forming a clear series of Higher Lows , indicating steady accumulation.
💥2. The Breakout (This Week's Action)
- The "Lid" (Resistance Zone): The ₹113 – ₹116 zone has acted as a stiff resistance since Nov 2024. Breaking this level is significant.
- The Surge: This week, the stock decisively broke and closed above this zone with a 5.93% surge .
- Volume Confirmation: The move was backed by massive volume of 151.49 Million . Volume has been "drying up" since the ATH, so this sudden volume expansion is a classic "Ignition" signal.
📊 3. Technical Indicators
Indicator analysis shows a synchronized bullish trend:
- EMAs: Short-term EMAs are in a PCO (Price Crossover) state across Monthly and Weekly timeframes, confirming the trend is up.
- RSI: The Relative Strength Index is rising on both timeframes, showing momentum is building.
🎯 4. Future Scenarios & Key Levels
The breakout opens the door for a rally toward the previous highs.
- 🐂 Bullish Targets:
- Target 1: ₹132 . This is the immediate technical extension.
- Target 2: ₹145+ . If momentum sustains, a retest of the All-Time High is the structural goal. (Note: Some street estimates are as high as ₹162 ).
- 🛡️ Support (The "Must Hold"):
- Re-test Zone: The ₹113 – ₹116 zone has now flipped to support. A pullback to this level would be a healthy entry opportunity.
- Stop Loss: If the breakout fails (fakeout), the stock may slide to the ₹102 support zone.
Conclusion
This is a high-quality setup. The combination of Higher Lows , a Volume Breakout , and the Bonus Adjustment digestion makes this a strong candidate for a move to ₹132 . Watch for a sustained hold above ₹116 .
Moving Averages
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.
Tata Consumer Products Ltd – Inverted Head & Shoulders Breakout (Long-term Reversal Structure Forming)
Tata Consumer is currently attempting a breakout from a long-term neckline zone around ₹1,170–₹1,200 after forming a large Inverted Head & Shoulders pattern on the weekly timeframe.
The right shoulder has built a strong base above the 20W & 50W EMA, confirming renewed demand. Volume has gradually increased over the past weeks during the breakout attempt — a bullish sign.
A strong weekly close above ₹1,200 could activate the full pattern and open space toward the ₹1,400+ target zone.
🎯 Key Technical Levels
CMP: ₹1,183.10 (+0.78%)
Neckline (Breakout Zone): ₹1,170 – ₹1,200
Pattern Target: ₹1,390 – ₹1,420
Support Zone: ₹1,095 – ₹1,115
Stop-Loss: Below ₹1,090 (weekly close basis)
📈 Technical View
Large Inverted Head & Shoulders visible over a multi-month structure.
Right shoulder built cleanly above EMAs → uptrend strength.
Volume rise during recent candles suggests accumulation by big hands.
A breakout + weekly close above ₹1,200 would indicate strong continuation toward the target zone.
🧠 View
Tata Consumer is approaching a decisive weekly breakout. A sustained close above ₹1,200 could trigger the completion of the Inverted H&S pattern and invite a move toward ₹1,400+. Retests toward ₹1,150–₹1,170 may offer accumulation opportunities.
Man Industries (W): Bullish, Turnaround with Volatility(Timeframe: Weekly | Scale: Logarithmic)
The stock is in a confirmed structural uptrend (Higher Lows) following a year-long correction. It is currently battling a critical multi-year resistance zone, backed by strong fundamental news and rising volume.
📈 1. The Structural Turnaround (The "Big Picture")
- The Cycle: Trend analysis:
- Consolidation: Jan 2024 – July 2024.
- The Peak (ATH): The stock hit a major high in July 2024
- The Correction: A downtrend followed, bottoming out in March 2025.
- The Reversal: Since March 2025, the stock has shifted character, forming a clear series of Higher Lows, signaling that buyers are stepping in at higher prices.
🚀 2. The Catalyst & Recent Action (Week of Nov 17)
- The Catalyst (The "Why"): The recent surge is driven by the company signing a Memorandum of Understanding (MoU) with Aramco Asia India (a subsidiary of Saudi Aramco) to explore a manufacturing facility in Saudi Arabia. This news triggered the volume spike.
- The Breakout Attempt: Last week (Nov 17-21), the stock attacked the horizontal resistance zone.
- Surge: It rallied +5.60% for the week.
- Volume: The move was supported by 5.22 Million in volume —a significant pickup compared to the "dry" correction phase.
- The Rejection: Despite hitting a new 52-week high intraday (₹472.40 on Nov 20), the stock failed to close above the resistance, facing profit-taking near the highs.
📊 3. Technical Indicators
- Trend: Short-term EMAs are in a PCO (Price Crossover) state on Monthly & Weekly charts, confirming the uptrend.
- Momentum (RSI):
- Weekly/Monthly: RSI is rising, supporting the longer-term bullish view.
- Daily: The Daily RSI dipped on Friday, reflecting the immediate rejection/profit-taking at resistance.
🎯 4. Future Scenarios & Key Levels
The "Shooting Star" style rejection on the weekly chart makes the coming week critical.
🐂 Bullish Case (Breakout Confirmation)
- Trigger: A sustained close above the ₹465–₹475 zone.
- Target 1: ₹545
- Target 2: ₹645 (Blue-sky extension).
🐻 Bearish Case (Support Test)
- Trigger: If the "failed breakout" leads to further profit-taking.
- Support: The immediate support lies at ₹420. Holding this level is crucial to maintain the "Higher Low" bullish structure.
Conclusion
The stock is structurally bullish but is digesting a supply overhang at the All-Time Highs. The Aramco news provides a strong floor, but patience is needed for a decisive close above ₹475 to confirm the next leg up.
BITCOIN NEED BREATHE CRYPTO:BTCUSD
BTC need take relief of selling because selling is continuously happened so one little bounce is possible and that bounce works as retest of channel breakdown.
Reverse Scenario:
Formation of any bottom pattern
V shape recovery
Long consolidation after with volume brake out.
All chances is possible but there are low possibility
🧠 Always DYOR (Do Your Own Research)
⚖️ This is not financial advice or suggestion
👉 “Risk Is Real 💸 Stay Practical🚀”
💬 Please feel free to ask any questions (It's Free)
ICICIGI | High probable INHS setup - Looks good for 20-40%ICICIGI | High probable INHS setup - Looks good for 20-40%
CMP : 2006 (Dip : 1930)
SL : 1800
The stock has confirmed a classic inverted Head & Shoulders pattern on the daily chart, signaling a strong trend reversal.
✅ Breakout above neckline with decent volume, adding conviction to the move.
🎯 Immediate Target: 2300
🎯 Second Target (as per Fibonacci extension): 2700
📉 Pattern: Inverted H&S
📈 Volume: Supporting the breakout
📊 Bias: Bullish
This could be an excellent area of value for swing traders looking to ride the trend. A retest of the neckline could offer a second entry opportunity with a good risk-reward ratio.
Will Powergrid showing sign of exiting it??Power Grid has been trading in a range for a while and it is showing sign of some weakness.
Major Trend - Down Trend
As there is a BoS of the previous market cycle.
Minor Trend - Sideway to range bound.
The market tends to retest the swing low in the coming month.
Stock has taken a strong resistance from 20 & 50 EMAs. Weekly close is below 100 EMA.
If the stock follow through the downside movement, entry for a sell trade is there with a 1:2 R:R ratio.
Entry :- 270
Stop Loss :- 279
Target :- 259
Last week the index too has supported the fall. If the index remains negative, full quantities can be punched around 270, in case of a retest half quantities can be sold around the retest and the price action near resistance levels while remaining quantity to be entered once the price action is in our favor.
Bitcoin at Support: Bounce Likely, Trend Still WeakBitcoin has been sliding steadily and has now broken its first major support near 103k. The latest drop completed a clear A-B-C decline, with the final C-wave forming an ending diagonal — a pattern that often signals exhaustion at the end of a move. That’s why the selling pressure slowed as price entered the current demand zone.
Oversold Conditions
The RSI on the daily chart has dropped into deeply oversold territory. This is typically where Bitcoin produces a reaction bounce. It doesn’t confirm a trend reversal, but it does hint that sellers may pause.
What Happens Next
A corrective bounce — the X-wave — is the most reasonable expectation. However, X-waves are usually messy and uneven, not clean rallies.
The key area to watch is 100k–103k .
If Bitcoin cannot reclaim this zone, the larger corrective structure remains in control.
Bigger Picture
The moving averages support this caution. The 50-day and 200-day MAs are close to forming a death cross, which signals weakening short-term momentum relative to the long-term trend. It doesn’t imply a crash, but it does suggest that any bounce may face resistance.
If the X-wave fails below 103k, the next leg — the Y-wave — could drive price toward the larger support region around 72k–75k.
In Summary
The decline looks structurally complete, ending with an ending diagonal.
RSI is deeply oversold -> a corrective bounce is likely.
100k–103k is the make-or-break zone.
Failure to reclaim it keeps the W-X-Y correction active.
The final support zone sits lower, near 72k–75k.
A bounce may come first, but the broader structure still leans bearish unless key resistance levels are regained.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Sequent (D): Strongly Bullish, Fundamentally-Driven BreakoutThe stock has confirmed a major breakout from a 3-year structural turnaround. The move is backed by a massive earnings beat, high-conviction volume, and aligned indicators across all timeframes.
📈 1. The Long-Term Structure (The Turnaround)
- The Crash (2021-2023): After hitting its All-Time High (ATH) in June 2021, the stock entered a brutal correction, falling ~81% to form a base around ₹62 in February 2023.
- The Recovery: Since March 2023, the stock has been in a steady uptrend, forming a classic "rounding bottom" or recovery structure.
- The Hurdle: The recovery faced a stiff horizontal resistance trendline at the ₹239 - ₹241 zone. This level acted as a ceiling in October 2024 (High: ₹240.70) and rejected price action multiple times recently.
🚀 2. The Catalyst & Breakout (Today's Action)
- The Catalyst: The breakout is fueled by Q2 FY26 Earnings , where the company reported a staggering 209.1% YoY jump in Net Profit
- The Breakout: Today (Nov 18, 2025), the stock decisively shattered the ₹240 resistance, surging 7.10% to close near ₹247 .
- Volume Confirmation: The move was backed by massive volume of 9.15 Million shares, a sharp spike compared to the drying volume seen during the recent consolidation. This confirms institutional buying.
📊 3. Technical Indicators
- EMAs: Short-term EMAs are in a PCO (Price Crossover) state across Monthly, Weekly, and Daily timeframes, signaling a synchronized bullish trend.
- RSI: The Relative Strength Index is rising across all three timeframes, confirming that momentum is expanding with price.
🎯 4. Future Scenarios & Targets
The breakout has opened the door to higher levels, with a specific structural target in focus.
- The Gap (The Magnet): An unfilled gap on the daily chart has been identified from the steep 2021 correction. This gap exists between ₹270 and ₹276 (formed in August 2021). Gaps often act as magnets for price.
🐂 Bullish Targets:
1. Target 1 (Gap Support): ₹270 . The stock is likely to run toward the bottom of this unfilled gap.
2. Target 2 (Gap Fill): ₹295 . If momentum sustains and fills the gap, the next extension level is near ₹295.
🛡️ Support (The Entry Zone):
- Re-test Level: The breakout level at ₹239 - ₹240 has now flipped from resistance to support. A pullback to this zone would be a classic "buy-the-dip" opportunity to enter the trend with a favorable risk-reward ratio.
Conclusion
This is a high-quality setup. The combination of a technical breakout , earnings explosion, and gap-fill potential makes this a strong candidate for continuation. Watch for a hold above ₹239 .
Rico Auto (D): Strongly Bullish, 20-Year BreakoutThis is a high-conviction, "blue-sky" breakout setup. The stock has shattered a resistance confluence that includes a 20-year-old horizontal ceiling . This technical move is powered by a massive fundamental turnaround in the recent quarter.
🚀 1. The Fundamental Catalyst (The "Why")
The breakout is not random; it is a direct reaction to the company's Q2 FY26 Earnings report (announced recently):
- Net Profit: Nearly tripled (surged ~200-300%) compared to the previous year.
- Revenue: Showed healthy growth despite sector headwinds.
- Impact: This strong fundamental performance provided the volume and momentum needed to break the multi-decade resistance.
📈 2. The "Confluence" Breakout (The Setup)
The stock faced two formidable barriers at the **₹108** level:
1. The 20-Year Resistance: A horizontal "lid" formed at the major peak in September 2005 (approx. ₹106-₹108). Breaking a 20-year resistance is a sign of a significant structural shift.
2. The Angular Resistance: The downward trendline from the April 2024 ATH (₹157).
💥 3. Today's Price Action (Confirmation)
- The Surge: The stock surged +11.93% today, closing decisively above the ₹108 confluence zone.
- The Volume: The move was backed by 37.23 Million in volume—a massive spike compared to the "drying volume" seen during the consolidation. This confirms institutional participation.
📊 4. Key Technical Indicators
Indicator analysis confirms the momentum across all timeframes:
- RSI: Rising in Daily, Weekly, and Monthly charts, showing synchronized bullish momentum.
- EMAs: Short-term EMAs are in a PCO (Price Crossover) state across all three timeframes, signaling a strong trend alignment.
🎯 5. Future Scenarios & Targets
With the 20-year resistance broken, the stock has room to run.
- 🐂 Target 1: ₹127 (Immediate technical extension).
- 🛑 Support (The Safety Net): The breakout level at ₹108 is now critical. If the stock pulls back, this "resistance-turned-support" must hold to keep the breakout valid. A successful re-test here would be a textbook entry opportunity.
JTEKT India Technical AnalysisHere's a comprehensive TradingView report for JTEKT India Limited:
Current Price:160.90
📊 TECHNICAL SETUP OVERVIEW
JTEKT India is displaying a compelling technical structure within a well-defined ascending channel pattern that has been in play since the 2020 lows. The stock is currently consolidating after a significant rally and appears to be setting up for the next leg of movement.
KEY TECHNICAL OBSERVATIONS
1. Channel Pattern Analysis:
- Long-term Ascending Channel: The stock has been respecting a parallel channel since 2020, with clear support and resistance boundaries
- Current Position: Trading in the middle zone of the channel, suggesting room for movement in either direction
- Channel Support: Lower trendline around 120-130 zone
- Channel Resistance: Upper trendline projecting towards 220-240 zone
2. Moving Average Structure:
All major moving averages are sloping upward, confirming a strong bullish trend across multiple timeframes.
3. Price Action Patterns:
- Clear higher highs and higher lows formation since 2020
- Recent consolidation after touching 220+ levels suggests healthy profit-booking
- Volume expansion during rallies indicates strong buying interest
- Formation of a potential inverse head and shoulders pattern on monthly timeframe
4. Support & Resistance Levels:
Immediate Support Zones:
- S1: 148-150 (8/13 EMA cluster)
- S2: 134-135 (50 EMA + channel support)
- S3: 120-122 (psychological level + lower channel boundary)
Resistance/Target Zones:
- Target 1:188.50 (Previous swing high)
- Target 2: 209.71 (Major resistance + psychological 200 level)
- Target 3: 255.40 (Channel top + Fibonacci extension)
PROJECTION & TREND ANALYSIS
Bullish Scenario (Higher Probability):
If the stock holds above 148-150 support zone:
1. First target: 188.50 (18% upside potential)
2. Breakout above 190 could trigger momentum towards 209.71
3. Ultimate target within channel: 255.40 (58% upside from current levels)
Bearish Scenario (Risk Assessment):
Break below 134 (50 EMA) could lead to:
- Retest of 120-122 zone (channel support)
- Deeper correction to 110-115 if channel breaks
- This would invalidate the current bullish setup
CONCLUSION
JTEKT India Limited presents a well-defined bullish channel with strong moving average support. The technical structure suggests the stock is consolidating before the next leg up, with multiple targets identified.
Accumulate on dips toward 148-150, add on strength above 170, with ultimate targets of 188, 210, and ₹255.
Disclaimer: This is a technical analysis for educational purposes only. Not financial advice. Technical analysis should be combined with fundamental research, and proper risk management should always be employed. Past performance does not guarantee future results.
#JTEKT #TechnicalAnalysis #StockMarket #ChannelTrading #SwingTrading #NSE #AutoSector #MovingAverages #TrendAnalysis #IndianStocks
Persistent Technical Analysis#Persistent Systems Limited - Technical Analysis
Chart Overview
**Timeframe:** Weekly (1W)
**Current Price:** 5,708.20
Technical Setup
Trend Analysis
The chart displays a compelling technical setup based on higher highs and higher lows pattern analysis. After a significant correction from previous highs, the stock has formed a strong base and is showing signs of trend reversal.
Key Observations
RSI Classic Divergence
The Relative Strength Index is displaying a classic bullish divergence pattern. While price action formed lower lows during the correction phase, the RSI formed higher lows, indicating weakening bearish momentum and potential trend reversal. This divergence has been confirmed on the weekly timeframe, adding significant weight to the bullish case.
Fresh Higher High Confirmation:
Following the divergence, price action has broken above the previous swing high on the daily candle, confirming a potential change in trend structure. This break represents a shift from the previous pattern of lower highs and suggests renewed bullish momentum.
Price Targets
The analysis identifies three potential target zones:
- **Target 1:** 5,984.50 (Immediate resistance)
- **Target 2:** 6,360.65 (Medium-term target)
- **Target 3:** 6,788.90 (Extended target)
These targets are derived from previous resistance levels and Fibonacci extension analysis.
Moving Averages:
The chart shows multiple moving averages (likely 50 SMA and 200 SMA based on the red and orange lines). Price is currently attempting to reclaim these key moving averages, which would further validate the bullish thesis.
Risk Considerations
While the technical setup appears favorable, traders should consider:
- Confirmation on higher timeframes for reduced false signal risk
- Volume analysis to validate the breakout
- Proper risk management with stop-loss placement below recent swing lows
## Disclaimer
This is a technical analysis for educational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.
Thyrocare (W): Strongly Bullish, Multi-Year BreakoutBased on Weekly Timeframe, Logarithmic Scale
This is a textbook, high-conviction breakout. The stock has decisively broken a 4-year consolidation, backed by strong fundamentals and a powerful confluence of high-timeframe technical indicators.
📈 1. The Multi-Year Setup
- The 2021 Peak: After its ATH in June 2021 (at ~₹1,465 ), the stock entered a steep, 2-year downtrend.
- The 2023 Bottom: This trend found its bottom in March 2023 .
- The Recovery & Base: Since then, the stock has been in a 2.5-year recovery, building a massive base. This upward move was further halted by the horizontal resistance at the ₹1,465 level, which it failed to break on previous attempts.
🚀 2. The Fundamentally-Driven Breakout (Last Week)
Last week, this entire 4-year pattern changed:
- The Catalyst: Strong Q2 2026 earnings provided the "fuel" for a major move.
- The Surge: The stock surged +12.43% for the week.
- The Volume: This move was backed by a 3.45 Million share volume spike. This comes after a period of average volume, confirming institutional interest.
- The Close: The stock achieved a weekly close above ₹1,465 , confirming the breakout is not just an intraday spike.
📊 3. Confluence of Bullish Indicators
The alignment on high timeframes is exceptionally bullish:
- RSI: The Relative Strength Index is rising on both the Monthly and Weekly charts.
- EMAs: The short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state on both the Monthly and Weekly charts.
- Volume: A clear spike on the breakout after a steady rise, confirming the move's validity.
🎯 4. Future Scenarios & Key Levels to Watch
🐂 The Bullish Case (Continuation)
- Trigger: If the bullish momentum continues, the stock is in a new "blue-sky" uptrend.
- Target: The next logical long-term price target is at ₹2,000 levels.
🐻 The Pullback Case (Healthy Re-test)
- Trigger: If the stock pauses to digest its 12.5% weekly gain or if the broader market pulls back.
- Support: The price would likely fall to re-test the resistance-turned-support level at ₹1,465 . A "bounce" off this level would be a classic, healthy confirmation of the breakout and an ideal entry point for those who missed the initial surge.
Silver Mini Futures (Nov 2025) – Accumulation to Distribution Silver Mini Futures on the 15-min chart clearly showcases a complete market cycle structure — transitioning from accumulation → uptrend → distribution → downtrend, providing an excellent study in price behavior and volume confirmation.
The move began with accumulation around ₹1,55,000, followed by a strong uptrend breakout, leading to a sharp rally. However, as price entered the ascending triangle near the ₹1,66,000 zone, momentum weakened, signaling distribution.
An exhaustion gap and a failed retest confirmed a reversal, leading to a steep downtrend, which remains active after a minor pullback.
📊 Phase Breakdown:
Accumulation Phase: ₹1,54,800 – ₹1,55,800
Sideways base formation with increasing volume at lows.
Uptrend Phase: Breakout above ₹1,56,000 triggered momentum.
Distribution Phase: Formed an ascending triangle with weak breakout follow-through.
Retest failure at ₹1,65,000 signaled exhaustion.
Downtrend Phase: Sharp decline with heavy volume, currently finding support near ₹1,57,000.
🎯 Key Technical Zones:
Resistance: ₹1,64,400 – ₹1,66,000 (supply zone)
Immediate Resistance (Retest Box): ₹1,58,200 – ₹1,58,800
Support Zone: ₹1,56,800 – ₹1,57,100
Major Support: ₹1,54,500
🧠 View:
Silver Mini Futures is currently in a downtrend continuation phase after a distribution top. A minor retest near ₹1,58,800 could invite short opportunities, while only a sustained move above ₹1,60,000 may signal trend reversal strength.
Silver Mini Futures (Nov 2025) – Accumulation to DistributionSilver Mini Futures on the 15-min chart clearly showcases a complete market cycle structure — transitioning from accumulation → uptrend → distribution → downtrend, providing an excellent study in price behavior and volume confirmation.
The move began with accumulation around ₹1,55,000, followed by a strong uptrend breakout, leading to a sharp rally. However, as price entered the ascending triangle near the ₹1,66,000 zone, momentum weakened, signaling distribution.
An exhaustion gap and a failed retest confirmed a reversal, leading to a steep downtrend, which remains active after a minor pullback.
📊 Phase Breakdown:
Accumulation Phase: ₹1,54,800 – ₹1,55,800
Sideways base formation with increasing volume at lows.
Uptrend Phase: Breakout above ₹1,56,000 triggered momentum.
Distribution Phase: Formed an ascending triangle with weak breakout follow-through.
Retest failure at ₹1,65,000 signaled exhaustion.
Downtrend Phase: Sharp decline with heavy volume, currently finding support near ₹1,57,000.
🎯 Key Technical Zones:
Resistance: ₹1,64,400 – ₹1,66,000 (supply zone)
Immediate Resistance (Retest Box): ₹1,58,200 – ₹1,58,800
Support Zone: ₹1,56,800 – ₹1,57,100
Major Support: ₹1,54,500
🧠 View:
Silver Mini Futures is currently in a downtrend continuation phase after a distribution top. A minor retest near ₹1,58,800 could invite short opportunities, while only a sustained move above ₹1,60,000 may signal trend reversal strength.
Data Patterns (D): Strongly Bullish, Fundamentally Driven BOThis is a high-conviction breakout event. The stock has decisively broken its 17-month angular resistance, driven by blockbuster quarterly earnings. All indicators are aligned, but the stock now faces its final horizontal resistance, which will determine the next major leg up.
🚀 1. The Fundamental Catalyst (The "Why")
Today's move is not speculative. It is a direct response to record-breaking Q2 2026 earnings :
- Revenue: Surged 238% year-over-year to ₹307.46 crore.
- Net Profit: Grew 62.5% year-over-year to ₹49.19 crore.
- Market Reaction: The gap-up open and +7.56% surge on 6.29 Million in volume confirms massive institutional interest.
📈 2. The Long-Term Context (The Setup)
- The 2024-2025 Correction: After its ATH in July 2024 , the stock entered a long-term downtrend.
- The Reversal: This trend found its bottom in March 2025 , and the stock began its recovery.
- The Angular Resistance: This recovery was capped by the angular resistance trendline from the July 2024 ATH.
- Drying Volume: Volume was drying up during the consolidation since May 2025—a classic sign of accumulation.
🎯 3. The Dual Resistance Battle
- Part 1 (CLEARED): Today, the stock gapped up and closed decisively above the 17-month angular resistance trendline. This is a significant bullish victory.
- Part 2 (THE NEXT HURDLE): The stock now faces a major horizontal resistance at ₹3,141 . This level is the last line of defense for the bears.
📊 4. Confluence of Bullish Indicators
This breakout is supported by a rare "trifecta" of bullish signals across all timeframes:
- EMAs: Short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state on the Daily, Weekly, and Monthly charts .
- RSI: The Relative Strength Index is rising on the Daily, Weekly, and Monthly charts .
This alignment of all three timeframes gives the breakout very high technical validity.
🧠 5. Future Scenarios & Key Levels to Watch
🐂 The Bullish Case (Confirmation)
- Trigger: A decisive, high-volume close above the horizontal resistance at ₹3,141 .
- Target: This would confirm the start of a new bull run, and the target of ₹3,445 is the next logical objective.
🐻 The Pullback Case (Healthy Re-test)
- Trigger: If the stock is rejected at ₹3,141 or needs to pause after its big run.
- Support: The price would likely fall to re-test the angular trendline it just broke, at the identified level of ₹2,817 . A "bounce" off this level would be a textbook, healthy confirmation of the new support.
Asian Paints #Screener — Trend Reversal Before The Crowd Asian Paints Ltd (NSE: ASIANPAINT) has given a strong breakout from a long-term descending trendline with a sharp momentum candle.
This move signals a trend reversal after months of consolidation and price compression — supported by solid weekly volume.
Chart Structure #Screener
📌 Breakout from descending trendline
📌 Volume surge confirming buyer interest
📌 Price holding above 50 EMA on weekly
📌 Formation of higher lows since early 2025
📌 Strong bullish candle closing above key supply zone
Key Levels
Resistance Zone: ₹2880 – ₹3130
Support Zone: ₹2640 – ₹2720
Major Support: ₹2490 (structure base)
As long as price stays above ₹2640, trend bias remains bullish ✅
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This setup represents a trend shift, not just a breakout — aligning with strength returning in large-cap sectors.
A healthy retest or consolidation above ₹2700 zone could provide follow-through opportunities.
Technical Snapshot
✅ Trendline breakout confirmation
✅ Volume expansion + wide-range candle
✅ Higher-low formation
✅ Momentum shift to buyers
✅ Mid-to-large cap stock showing leadership recovery
📒 Educational analysis only — not investment advice.
Biocon (D): Strongly BullishThis is a high-conviction breakout in progress. A major fundamental catalyst (record-breaking earnings) is providing the "great momentum", driving the price to challenge a critical multi-year resistance. All indicators are aligned for a major new uptrend.
🚀 1. The Fundamental Catalyst
The primary driver for today's move is a blowout Q2 2026 earnings report :
- Net Profit: Surged 392% year-over-year.
- Revenue: Grew 20% year-over-year.
- Today's Action: The market reacted with a gap-up open , a +5.40% surge , and massive 16.38 Million in volume, confirming strong institutional interest.
📈 2. The Long-Term Context
- The 2020 Peak: After its ATH in December 2020, the stock entered a multi-year downtrend.
- The 2023 Bottom: This trend found its bottom in March 2023 .
- The Reversal: Since then, the stock has been in a 2.5-year reversal, forming a bullish base of Higher Lows .
- The "Lid": This entire recovery has been capped by the key horizontal resistance zone formed back in June-December 2020 .
📊 3. The Decisive Breakout
Today's earnings-driven surge is challenging this multi-year resistance zone right now .
- Failed Attempts: There were multiple failed attempts to break this level in the past.
- Drying Volume: The consolidation phase before today's move saw volume dry up , a classic sign of seller exhaustion.
- The Breakout: Today's high-volume gap-up is the most powerful and fundamentally-backed attempt to break this "lid" to date.
🎯 4. Confluence of Bullish Indicators
This breakout is supported by a rare "trifecta" of bullish signals across all timeframes:
- EMAs: Short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state on the Daily, Weekly, and Monthly charts .
- RSI: The Relative Strength Index is rising on the Daily, Weekly, and Monthly charts .
This alignment indicates that the long-term, medium-term, and short-term trends are all in sync for the first time in years.
🧠 5. Future Scenarios & Key Levels to Watch
The price action in the coming sessions is critical.
🐂 The Bullish Case (Confirmation)
- Trigger: The stock must get a decisive daily or weekly close above the 2020 resistance zone.
- Target: This would confirm the start of a new, long-term bull market, and ₹470 target is the logical next objective.
🐻 The Bearish Case (Breakout Failure)
- Trigger: If this move is a "bull trap" (e.g., profit-taking overpowers the good news).
- Confirmation: The stock fails to hold its gains and falls back below the resistance zone.
- Target: This failure would likely see the stock fall to retest the immediate support level at ₹375 .
Possible Nifty Resistance to supportMultiple bullish confluences in Nifty at current level is seen.
1. There is good resistance to support possible in Nifty nr ATH.
2. Good cup and handle pattern.
3. There is support nr weelky 20sma.
If nifty closes above Friday's high than it will trigger buy which can take nifty to 29000+ levels.
We need to wait for next week close. Target and SL marked on chart.






















