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Multiyearbreakout

RattanIndia: Next New-Age Multi-Bagger Play ? Chart of the WeekWhy NSE:RTNINDIA Could Be Your Next Multi-Bagger Play, let's analyse my "Chart of the Week" Idea. Price Action: • Multiple base formations visible across the timeline from 2021-2025 • Classic cup and handle pattern formation during the 2023-2024 consolidation phase • Rectangle consolidation pattern between ₹35-40 levels during Early 2025 • Strong breakout from multi-year resistance around the ₹75-80 zone • Current pullback to retest breakout levels around the ₹47-50 range Key Supports and Resistance Levels: • Primary Support: ₹47-50 (previous resistance turned support) • Secondary Support: ₹35-40 (rectangle pattern base) • Major Support: ₹25-30 (long-term base level) • Immediate Resistance: ₹65-70 (previous consolidation zone) • Major Resistance: ₹75-80 (breakout level) • Target Resistance: ₹94-95 (measured move projection) Base Analysis: • Stage 1 Base: ₹10-25 range from 2021-2022 (Accumulation phase) • Stage 2 Base: ₹35-45 range during 2023-2024 (Re-accumulation) • Current Base: ₹47-50 retest zone (Healthy pullback after breakout) Volume Spread Analysis: Volume Characteristics: • Massive volume spike during recent breakout (300+ million shares) • Above-average volume during consolidation phases • Volume expansion on upward price movements • Volume contraction during pullback phases indicates a healthy correction • Volume profile shows strong institutional participation Volume Patterns: • Accumulation is visible during base formation periods • Distribution avoided during recent highs • Current pullback on lower volume suggests buying interest at support Trade Setup: Entry Strategy: • Primary Entry: ₹48-50 (current support retest) • Secondary Entry: ₹52-55 (breakout reconfirmation) • Aggressive Entry: ₹45-47 (deeper pullback opportunity) Exit Levels: • Target 1: ₹65-70 (38% upside from ₹50) • Target 2: ₹80-85 (65% upside from ₹50) • Target 3: ₹95-100 (90% upside from ₹50) Stop Loss Levels: • Conservative: ₹42-43 (below rectangle support) • Moderate: ₹45-46 (below recent lows) • Tight: ₹47-48 (below immediate support) Risk Management: Position Sizing: • Risk 1-2% of portfolio capital per trade • Use a 2-3% position size for a conservative approach • Maximum 5% allocation for aggressive traders Risk-Reward Ratios: • Entry at ₹50 with ₹45 stop: Risk-Reward of 1:3 to 1:9 • Entry at ₹52 with ₹47 stop: Risk-Reward of 1:2.6 to 1:8.6 Portfolio Allocation: • Small-cap allocation: 10-15% maximum • Individual stock limit: 2-5% of total portfolio • Sector diversification recommended Sectoral and Fundamental Backdrop: Business Overview: • NSE:RTNINDIA comprises of tech-focused new age businesses, including e-commerce, electric vehicles, and drones • The company is completely focused on providing world-class electric mobility products that are affordable and accessible to every Indian • Multi-business model spanning fintech, e-commerce, and drone technology Sector Dynamics: • The electric vehicle sector is experiencing government policy support • The e-commerce segment is benefiting from the Digital India initiatives • Drone technology is gaining traction in commercial applications • Tech-focused businesses aligned with India's digital transformation Financial Highlights: • Market cap of RattanIndia Enterprises Ltd stood at Rs. 8,263 Cr • RattanIndia Enterprises Ltd's net Sales rose by 22% since the same period last year to ₹ 6,866 Cr in the FY2025 • The company is in a growth investment phase with expanding business verticals. Investment Thesis: • Diversified exposure to high-growth sectors • Potential beneficiary of India's transition to electric mobility • Strong technical setup after multi-year base formation • Early-stage company with significant scaling potential ahead Risk Factors: Technical Risks: • Small-cap volatility and liquidity concerns • Dependence on broader market sentiment • Potential for gap-down moves in adverse conditions Fundamental Risks: • Current losses and cash burn in the growth phase • Execution risk across multiple business verticals • Competition in the electric vehicle and e-commerce segments • Regulatory changes affecting drone and fintech operations My Take: This technical setup presents a compelling opportunity with the stock breaking out of a well-defined pattern, supported by decent enough fundamentals in the Growth Sectors of New Age Company and favourable sector dynamics. The risk-reward profile appears attractive for traders and investors willing to manage position size appropriately. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:RTNINDIALong
by Karanshah137
11
#PILITA - Multi Year BreakOut 📊 Script: PILITA Key highlights: 💡⚡ 📈 8 Year BreakOut in Daily Time Frame. 📈 Price consolidating near Resistance. 📈 Volume spike during Breakout 📈 MACD Bullish 📈 Can go for a swing trade ⚠️ Important: It’s a Penny Stock Trade with extreme caution BUY ONLY ABOVE 17.50 DCB ⏱️ C.M.P 📑💰- 17.45 🟢 Target 🎯🏆 – NA% ⚠️ Stoploss ☠️🚫 – NA% ⚠️ Important: Market conditions are Okish, Position size 50% per Trade. Protect Capital Always ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven. ✅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 MMT. Cheers!🥂
NSE:PILITALong
by MMT_MakeMoneyTrading
1
Bajaj Finserv Cup & Handle at Play! Will It Break Out?📌 Setup Overview: Stock in a 4-year trading range 📊 and currently trading just below this range. Cup and Handle formation ☕ along with a potential VCP setup (Volatility Contraction Pattern). No left-side resistance—unlike stocks that fell 40-50%, there are fewer trapped buyers here. Volume gradually increasing 📈, a necessary condition for a strong breakout. Finance sector showing strength 💰—index is trading above key DMAs and broke out of a base first. Stock is trading above key DMAs, adding technical confluence. 🎯 Trade Plan: ✅ Entry: Above ₹1,941 🔼 ✅ Immediate Resistance: ₹2,035 (Watch Price Action at this level) ✅ Stop-Loss (SL - Closing Basis): ₹1,547.80 (20.29% below entry) ✅ Target (Tentative Positional): ₹2,510.30 🎯 📌 Risk-to-Reward (R:R) & Percentages: SL Percentage: ~20.29% Target Percentage (from ₹1,941): ~29.34% R:R Ratio: 1:1.44 ⚠️ Key Risks & Considerations: 1️⃣ Immediate Resistance at ₹2,035 – Monitor price action here. If rejected, wait for a re-entry after confirmation. 2️⃣ Deep Stop-Loss (~20%) – Adjust position sizing accordingly. Do not go all-in at once. 3️⃣ Market Structure: If broader markets remain weak, reassess if Bajaj Finserv is showing relative strength or struggling. 📌 Final Thoughts: Wait for breakout confirmation above ₹1,941 with volume. 🚀 Monitor PA at ₹2,035—strong close above this strengthens the setup. Stick to SL discipline and trail as stock moves higher. 📢 Disclaimer: This is for educational purposes only. Not financial advice. Always manage risk and do your own research before making any trades. 🚀 Trade smart & stay disciplined!
NSE:BAJAJFINSVLong
by sagartharayil
#AVANTIFEED - Multi Year Breakout Candidate📊 Script: AVANTIFEED Key highlights: 💡⚡ 📈Multi Year Breakout 📈 VCP in Weekly Time Frame 📈 BO with Volume in Daily Time Frame 📈 MACD gave a Bounce 📈 Price consolidated for 6 Years 📈 One can go for Swing Trade ⚠️ Over All Market condition is bad, Practice paper trading 🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly. BUY ONLY ABOVE 800 DCB ⏱️ C.M.P 📑💰- 786 🟢 Target 🎯🏆 – 30% ⚠️ Stoploss ☠️🚫 – 15% ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅#Boost, #Like & #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 MMT. Cheers!🥂
NSE:AVANTIFEEDLong
by MMT_MakeMoneyTrading
MTNL's Comeback Story: Innovation and GrowthRevitalizing MTNL: A Bright Future Ahead Target: ₹200 Time frame: 3 years Mahanagar Telephone Nigam Limited (MTNL), a Public Sector Undertaking (PSU), has faced significant challenges in recent years, leading to a decline in its business fortunes. However, despite being knocked out of the competitive telecom market, the company is poised for a resurgence. Embracing New Frontiers As the telecom landscape evolves, MTNL is gearing up to tap into emerging opportunities. The future holds immense promise, and the company is strategically repositioning itself to capitalize on newer forms of communication and technology. 5G: The Game-Changer A key catalyst for MTNL's revival is the ongoing testing of 5G technology. With its potential to enable faster data speeds, lower latency, and greater connectivity, 5G is expected to revolutionize the telecom sector. MTNL's foray into 5G will enable it to offer cutting-edge services, bolstering its competitive edge. Ambitious Targets Three-Year Roadmap Over the next three years, MTNL will concentrate on: Enhancing its 5G capabilities to deliver high-speed, reliable connectivity Developing innovative services and solutions to cater to emerging customer needs Strengthening its network infrastructure to support growing demand Fostering strategic partnerships to drive growth and expansion With a clear vision and robust strategy in place, MTNL is poised to reclaim its position as a leading player in the Indian telecom sector. The future indeed looks bright for this PSU, as it embarks on a transformative journey to reclaim its glory.
NSE:MTNLLong
by liondewarangal
2
JYOTISTRUC -Multiyear BreakOut- Wkly -Cup and HandleThe Jyoti Structures Ltd. (JYOTISTRUC) chart you provided indicates a cup and handle pattern. This is a bullish continuation pattern, often signaling further upward momentum after a period of consolidation. The setup on this weekly chart is as follows: The cup portion shows a rounded bottom that has formed over a long period, spanning several years from 2015 to 2023, reflecting a reversal of the downtrend that began around 2015. The handle portion represents the current consolidation phase after the stock attempted to break above the ₹32.53 level, which is acting as a resistance zone. The breakout point for the cup and handle pattern is around ₹32.53. If the stock price closes above this resistance level with significant volume, it could confirm a breakout, leading to further gains. The height of the cup (around ₹31.48) from its low suggests a potential target of doubling the price from the breakout point, which could push the stock towards the ₹60-65 range. A sustained increase in trading volume further supports the bullish outlook, indicating growing investor interest. However, a failed breakout or drop below the handle's lower support near ₹24.11 could invalidate the pattern and lead to a pullback. Keep an eye on the breakout confirmation before making decisions.
NSE:JYOTISTRUCLong
by VCharts_TA
HUHTAMAKI - Multiyear breakout RetestHuhtamaki India Ltd recently broke a long-term resistance level around ₹360, followed by a consolidation phase just below ₹450. The stock found strong support near ₹360- ₹370 before bouncing back and entering a sideways consolidation pattern. There is a visible increase in rising volume, indicating a buildup of buying interest. A potential breakout above the ₹406 mark could lead to further upside. The next target could be around ₹450-460, while the stop loss should be set around ₹385 to manage risk effectively during the ongoing consolidation.
NSE:HUHTAMAKILong
by Profit_Trader25
NLCINDIA - Cup and handle pattern- Multiyear Breakout**NLC India Ltd** monthly price chart with a **cup and handle pattern** visible. Here’s a breakdown of the analysis: ### 1. **Cup and Handle Pattern** - **Cup Formation**: The rounded bottom starting from the high in 2007 to the low in around 2011 shows a long-term downtrend that eventually bottoms out. This cup pattern reflects a long period of accumulation after a major selloff. - **Handle Formation**: After the cup formation, there is a consolidation phase that forms a handle. The recent price action shows a breakout from this handle. - **Implication**: This is a bullish continuation pattern. The breakout above the handle indicates that the stock could experience a significant upward move. ### 2. **Breakout Confirmation** - The price has broken out above the resistance at **₹257.50** and now continues towards the upper targets around ₹311.80 and ₹514. - **Target**: A measured move for this pattern suggests a potential target based on the height of the cup, which aligns with the ₹311.80 level. A further target can be considered by doubling the breakout height is ₹514. ### 3. **Volume Spike** - There’s a noticeable volume spike during the breakout, which confirms the strength of the upward move. The increasing volume signals strong interest and buying pressure, adding conviction to the bullish breakout. ### 4. **Support Levels** - The key support levels are at **₹257.50**, which was previously a resistance point and could now act as a support in case of a pullback. - The next significant support level is around **₹194** handle low. ### 5. **Conclusion** - The chart is bullish with the cup and handle breakout backed by strong volume. If the breakout sustains, the next key resistance zone is around ₹311.80, and beyond that, there could be higher targets based on the long-term trend. This setup is considered bullish, and further upward movement is expected if the breakout sustains.
NSE:NLCINDIALong
by VCharts_TA
RIIL - Multiyear - Breakout - Retest - MonthlyReliance Industrial Infrastructure Limited - RIIL Here's an analysis of the key points highlighted in the chart: Monthly Chart 16-year high breakout: The stock has broken out of a multi-year consolidation pattern, indicating a significant bullish move. Multi-year breakout and retest: The price broke above a key resistance level around 1135 INR and then retested this level, confirming it as new support. Volume analysis: The chart notes "Good volumes while going up and low volume during pull backs." This is a bullish sign, as it indicates strong buying pressure during uptrends and weak selling pressure during corrections. Price pattern: The stock has formed an upward sloping channel (marked by yellow lines), suggesting a steady uptrend. Current price action: The stock is trading at 1384.90 INR, up 16.22% with a volume of 5.731M shares. Historical price range: The chart shows a low of 162.25 INR and a high of 3175.00 INR over the period displayed. Recent consolidation: After the breakout, the price has been consolidating in a tight range, potentially setting up for another move. Overall, the chart presents a bullish long-term view of the stock, with the recent breakout and volume characteristics supporting the potential for further upside. However, as with all technical analysis, it's important to combine this with fundamental research and be aware of potential risks.
NSE:RIILLong
by VCharts_TA
Multiyear Rounding Bottom Breakout RetestingNSE:LUPIN is currently retesting Multiyear breakout, it can also form a cup and handle pattern if it comes down near accumulation and then breakouts on the upperside. 2140 Will Key level on the Upside to break, and 1720 - 1900 will be a good accumulation zone. Keep on Watch. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:LUPINLong
by Karanshah137
IFCI - Multiyear Breakout - MonthlyIFCI - Multiyear Breakout - Monthly Multi-Year Breakout: The chart indicates a multi-year breakout with strong volume, suggesting a potential long-term uptrend. 16yrs high Breakout: Neckline marking a 16yrs breakout, which could be a shorter-term confirmation of the trend. Support Level: The low of the breakout candle is marked as a support level at 59, which can be a critical point to watch for potential pullbacks. This setup looks promising for those interested in technical analysis and long-term investments. IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector. IFCI Ltd. recently announced its Q1 results for the period ending June 30, 2024. Here are the key highlights: Revenue: The company reported a revenue of ₹4,051.2 million, up from ₹3,243.6 million in the same quarter last year. Net Loss: The net loss decreased to ₹1,082 million from ₹1,399.8 million year-over-year (YoY), marking a 24.64% improvement. Earnings Per Share (EPS): The EPS for Q1 stands at ₹-0.44, a decrease of 4.34% YoY2. Operating Income: Despite a 90.05% quarter-over-quarter (QoQ) decline, the operating income increased by 106.82% YoY. SG&A Expenses: Selling, General & Administrative expenses saw a reduction of 29.44% QoQ and 8.04% YoY. These results indicate that while IFCI has made significant annual progress, it faced challenges in the most recent quarter. The reduction in SG&A expenses suggests improved operational efficiency, but the decline in EPS highlights ongoing profitability challenges
NSE:IFCILong
by VCharts_TA
3
MOREPENLAB - Multiyear Breakout -Cup and Handle - MonthlyMOREPENLAB - Cup and Handle pattern, which is a bullish continuation pattern indicating a potential upward trend. Here are some key points from the chart: Cup and Handle Pattern: This pattern suggests that after a period of consolidation (the “cup”), there is a slight dip (the “handle”) before a potential breakout to higher prices. Neckline: The neckline is marked at 74 will also act as stoploss. Target Price: The potential target price is around 146, if the pattern completes successfully. Volume: There is a significant increase in trading volume, highlighted by a large green bar. This often indicates strong buying interest and can support the bullish breakout. Overall, the chart suggests a positive outlook if the price breaks above the neckline with strong volume support. A multiyear breakout occurs when a stock or asset breaks out of a long-standing trading range, typically lasting several years. This breakout is significant because it often signals a major shift in market sentiment and can lead to substantial price movements. Here are some key points: Long-Term Resistance: The asset breaks above a resistance level that has held for several years. Volume: A multiyear breakout is often accompanied by a significant increase in trading volume, indicating strong investor interest. Technical Indicators: Various technical indicators, such as moving averages, RSI, and MACD, can help confirm the breakout. “21 yrs Multiyear breakout with good volume” suggests that the asset has broken out of a trading range that lasted for 21 years, supported by strong trading volume. This is a bullish signal indicating potential for further price appreciation. Fundamental Factors: Sometimes, fundamental changes in the company’s business, industry, or broader economy can drive a multiyear breakout.
NSE:MOREPENLABLong
by VCharts_TA