VIEW ON ASHOKA BUILDCON BY KRS CHARTSDate - 21st August 2025 / 10:35 AM
Why ASHOKA ?
1. All-time Bullish Stock technically making HHs & HLs.
2. Further, Price is already in Fibbo Golden Reversal Zone for quite a few times and showing bullish traits again.
3. I was eagerly waiting for to retrace down little bit for 1D previous gap-up needed to be filled it & it's Done!
4. 1D it is showing Morning Star Candle sticks Cluster s with more green Candles and this week likely to be closing with bullish candle stick.
5. Wave Theory wise we are in 4th Wave last upside 5th is loading.
All in All, this is good level to look ASHOKA as a good opportunity 👍✅
Targets and SL are Marked in Chart.
Nse
Sona BLW Precision Forgings Ltd. (SONACOMS) — pullback setup(SONACOMS) — Bullish Pullback Setup
📅 Timeframe: 1D | 💰 CMP: ₹472.75 | 📈 Volume: Above average
Technical View
Sona BLW has completed a strong impulse wave from ₹402 → ₹503, followed by a healthy pullback.
Price is now retracing near the 0.618 Fib level (₹464.8), aligning with the 21EMA — a zone that often acts as support during trend continuation.
Volume on the breakout was strong, showing accumulation interest.
Trade Plan
Entry Zone: ₹465–₹470
Stop Loss: ₹450 (below 0.5 Fib and 20EMA)
Targets:
🎯 T1: ₹503
🎯 T2: ₹530 (Fib 1.272)
🎯 T3: ₹566 (Fib 1.618)
Summary
✅ Uptrend resumption likely if ₹450 holds
✅ Rising 21EMA & 50EMA support the structure
✅ Strong breakout volume confirms institutional buying
Bias: Bullish
Risk–Reward: ~1:2.5+
Invalidation: Close below ₹450
Disclaimer : Risk management is crucial in this volatile market, so keep position sizing appropriate. This analysis is intended for educational purposes and not financial advice.
Tamilnad Mercantile Bank – 1D Chart | Strong Resistance Zone🟢 Tamilnad Mercantile Bank (TMB) – 1D Chart | Strong Resistance Zone Ahead
📊 Chart Setup:
TMB is testing its major 1-year resistance zone around ₹510, a key level that has capped price movements for months. A strong daily close above ₹510 could trigger momentum towards higher targets.
🔹 Resistance: ₹510 (Major 1-year resistance)
🔹 Targets on Breakout: ₹535 / ₹600
🔹 Supports: ₹466 / ₹440
🔹 View: Price consolidating near breakout zone. Sustained close above ₹510 can signal trend continuation.
🏦 Fundamental Update – Q2 FY26 Results Highlights:
Tamilnad Mercantile Bank delivered steady performance with profit growth and improved asset quality.
• Net Profit: ₹318 Cr ↑ (▲4.95% YoY)
• Total Business: ↑11.40%
• Deposits: ₹55,421 Cr ↑12.32%
• Advances: ↑10.5%
• Net Interest Income: ₹597 Cr ↑0.17%
• Gross NPA: ↓ to 1.01%
• Net NPA: ↓ to 0.26%
• Capital Adequacy Ratio (CAR): Strong at 30.96%
➡️ Stable performance, improving asset quality, and strong capital base add confidence to the technical setup.
📈 For educational purpose only. Not a buy/sell recommendation.
NIFTY 50 – Intraday level 15min TFNIFTY 50 – Gap Resistance Test After Falling Wedge Breakout
Timeframe: 15 min
📌 Key Observations:
Falling wedge pattern formed over the last few sessions, followed by a clean breakout with rising volume.
Price has now rallied toward the gap resistance zone near 24,880–24,900, where supply previously stepped in.
24,750 is acting as immediate support — the level from where the breakout initiated.
Next resistance to watch is 25,138, which aligns with a previous structure zone.
📈 Trading Plan:
✅ Bullish if:
Price sustains above the 24,880–24,900 gap resistance
Then potential upside towards 25,050 / 25,138
⚠️ Caution if:
Price gets rejected at the gap resistance
Watch for pullback retest around 24,750
🔍 Sentiment:
Short-term recovery is in play after a prolonged downtrend, but the current zone is a make-or-break resistance.
TITAN - High Probability Reversal SetupTITAN COMPANY LTD (NSE:TITAN) - High Probability Reversal Setup
Weekly Timeframe Analysis | Potential Swing Trade Opportunity
▲ BULLISH CASE
Elliott Wave Structure:
• Appears to be completing Wave C of correction (ABC pattern)
• Wave C = 1.272 extension of Wave A at ₹2,890-2,960 zone
• Typical reversal area for such corrections
Technical Confluences:
• Fibonacci Support:
1.127-1.272 retracement of prior uptrend
Aligns with 2023 swing high area
• Volume Profile:
High volume node at ₹2,920
Declining volume on recent downmove
Pattern Recognition:
• Potential falling wedge (bullish)
• RSI(14) weekly showing bullish divergence
• MACD histogram flattening near lows
▼ RISK FACTORS
• Breakdown below ₹2,840 invalidates setup
• Broader market weakness could delay recovery
• FIIs reducing positions in consumer sector
📊 Trade Plan
Entry Zone: ₹2,890-2,960 (scale-in approach recommended)
Stop Loss: Daily close below ₹2,840 (absolute)
Targets:
T1: ₹3,226 (61.8% retrace)
T2: ₹3,733 (previous high)
T3: ₹3,834 (127% extension)
Timeframe: 8-12 week hold for full targets
📌 Key Levels
Support
Resistance
₹2,960 (immediate)
₹3,100 (200 DMA)
₹2,890 (strong)
₹3,226 (F&O OI peak)
₹2,840 (absolute)
₹3,733 (ATH)
💡 Additional Notes:
• Watch for bullish reversal candle patterns in the zone
• FII derivative data shows put writing at ₹2,900 strike
• Consumer sector showing relative strength vs Nifty
Would you take this trade? Discuss in comments!
#TITAN,#NSE,#swingtrading,#elliottwave,#technicalanalysis
NIFTY The Nifty has moved up nicely after opening strong above the trend line. The first resistance is at 25,650, and the second is near the all-time high. Let's see what happens tomorrow, as it's Friday. Hopefully, Donald Trump isn't upset or planning any actions that could turn the market bearish.
ITDC: Bullish Breakout Attempt After Strong UptrendChart & Instrument:** India Tourism Development Corp. Ltd. (ITDC) - NSE, 1D Timeframe
Analysis :
ITDC is exhibiting strength as it tests a key resistance level, poised for a potential continuation of its primary uptrend. Here's a breakdown of the technical picture:
Established Uptrend : The stock has been in a sustained uptrend since April 2025, rallying from a low of ₹467 to current levels near ₹600.
Bullish Momentum: price has closed at ₹599.50, comfortably above the key Exponential Moving Average (EMA) of ₹591.13, confirming near-term bullish momentum.
Neutral RSI: The RSI reading of ~53 is in neutral territory, indicating there is plenty of room for the stock to run before becoming overbought.
Key Resistance: The immediate and critical hurdle is the recent high of ₹603. A decisive break and close above this level are crucial for the next leg up.
Trade Idea & Prediction:
We anticipate a bullish breakout above the ₹603 resistance
Trigger: A confident break and daily close above ₹603.
Profit Target 1: ₹640 (Initial target based on previous swing highs).
Profit Target 2: ₹. 680 (Extended target, aligning with the upper boundary of the trend channel).
Stop Loss: ₹580 (A break below this key support level would invalidate the bullish setup and signal a short-term pullback).
Disclaimer :This is not financial advice. Always conduct your own research (DYOR) and manage your risk appropriately.
#ITDC #NSE #StockMarket #Trading #TechnicalAnalysis #Breakout #Investing
Monthly Descending Triangle & False BreakdownA descending triangle on the monthly chart shows lower highs converging toward a flat support, reflecting mounting seller pressure and key institutional interest at the horizontal base
The red counter trendline highlights corrective rallies within the broader down-sloping resistance.
The red demand zone marks where significant buying absorbed prior declines, offering a structural support area.
The white box illustrates a false breakdown below support—a liquidity-grab that shook out weak hands before a swift recovery—demonstrating how professional traders engineer stop-hunts to secure favorable entry levels.
This interplay of pattern, trendlines, demand zone, and false breakdown underscores how market structure and institutional tactics shape price action—key for informed, risk-defined decisions.
Disclaimer: For educational purposes only. Not investment advice. Risk management and independent research are vital.
Trend Reversal or Short-Term Pullback Rally?Deepak Nitrite – Trend Reversal or Short-Term Pullback Rally?
📊 Chart Analysis (1D Timeframe)
The stock has recently taken support near the ₹1,714 zone (marked as a strong support level).
Price has bounced sharply from this support and is now trading around ₹1,869, posting a +2.65% gain today.
The stock has closed above the 20-day moving average (blue line) for the first time after a prolonged downtrend – indicating a possible shift in momentum.
📈 RSI Indicator:
RSI has surged above the 60 level, showing increasing bullish momentum.
This suggests strength in the ongoing up-move, though it is entering a higher zone where profit-booking can also occur.
🔎 Key Levels to Watch:
Support: ₹1,714 (major support).
Immediate Resistance:₹1,900 – ₹1,920 zone (supply area).
Next Resistance: ₹1,975 – ₹2,000.
📌 Trading View:
The strong bounce from support + RSI breakout + price closing above the 20-day MA all hint at a potential short-term bullish reversal.
If the stock sustains above ₹1,850, it can attempt a move towards ₹1,920 – 1,975.
However, a close below ₹1,800 will weaken this bullish setup and may drag the stock back towards ₹1,714.
ASTERDM – Strong Breakout, Eyes on ₹670+Aster DM Healthcare is showing strong momentum with today’s ~6% surge. Price has broken above EMA 50 and is sustaining well.
🔹 Immediate support: ₹621
🔹 Next resistance: ₹670–680 zone
🔹 RSI: 63 → still has room before overbought levels
🔹 Trend: Bullish bias as long as price stays above ₹621
📈 If the stock sustains above ₹650, we may see a move towards ₹670–690 in the near term. On the downside, ₹621 remains a key support.
ETERNAL (ZOMATO) By KRS Charts17th April 2025 / 1:24 PM
Why Eternal ??
1. All Over Bullish Stock. Yet Not Profitable but Business model has potential in near Future.
2. Wave Count is suggesting 4th wave is likely finish and 5th last leg is started which can last till 340 Rs.
3 RSI & MACD is showing bullish continues Divg. bears gave there all but failed to make new lower low.
4. Lower TF is showing W pattern Breakout as well with good volume.
Targets and SL 1W Closing Basis are mentioned in chart.
OFSS (ORACLE FIN SERVICE) By KRS Charts5th June 2025 / 12:35 PM
Why OFSS?
1. Fundamentally Good Company.
2. Technically, Bullish Stock for a long time and here again made higher low on bigger time frame.
3. Wave Theory vice it bounces back from 4th impulsive wave (Depth of Correction).
4. After that it has formed few bullish charts pattern like Invt. Head & Shoulder and Flag and Pole is also visible within.
5. Yesterday it Broke Neckline with good volume green candle.
Targets & SL (1D Closing Basis) is mentioned in Chart
Jindal Steel multiyear price breakout #Nifty #JINDALSTELPrice is breaking out after 14 years, showing a multi-year price breakout.
Maybe a a Good chance for a Multi-bagger return
Entry: Current price or 800-1100 range
Stoploss: monthly or weekly close below 700
Upside levels: 1100-1400-1800-2200-3200
Analysis just for a learning point of view
Not a recommendation
SAIL (Bird view) By KRS Charts28th May 2025 / 10:17AM
Why SAIL??
1. As we can see from above chart, it clearly turning Bullish Trend stock from Berish .
2. Fundamentally its Durable and is at decent valuation right now.
3. Technically, in 1D TF fake selling and Gap Down is visible showing sellers got trapped. Such move market gives when they need liquidity, and this can happen both the side.
4. Further Bullish traits Sell candles volume is getting lower and allover lower than bullish candles. which usually noticed when Stock turned bullish on bigger cycles.
5. 100 EMA is underneath in many significant timeframes which also indicates buyers had shown more interest in past and likely this time as well.
Targets and Stop Loss is mentioned in Chart.
Note: This is 1M TF view will be Medium to Long Term
NMDC By KRS Charts9th June 2025 / 19:01
Why NMDC?
1. Dow Theory , it turned into Bullish Trend with Higher Highs & Higher lows.
2. Huge Accumulations since many Years and as I said above HHs & HLs.👆
3. In major timeframes stock is above 100EMA which is sign that more upside might possible.
4. Wave counts are picture perfect with more than 0.618 retracement for wave(2) and Reversed to upside from 0.5 Retracement between wave(2) & wave4 bottom points.
Targets & SL is mentioned in Chart.
NSE:NMDC NSE:CNXMETAL
D’Mart (Consumption) Possible Throwback to breakout levelD’Mart (Consumption)
Chart Context:
D’Mart after its breakout near ₹4524 with EMAs aligned bullishly d'Mart Start Weakening and possible throwback to the breakout level. RSI is above 69, indicating strength. Fib levels highlight potential upside to ₹4,885 → ₹5,145.
Post Caption:
"D’Mart sustaining above ₹4,524 breakout zone.
Upside levels: ₹4,885 → ₹5,145.
Stop near ₹4,540.
🛒 Consumption theme continues to show leadership."
Voltas Ready for a Breakout from Rounding bottom
resistance zone ₹1,416–1,420.
Breakout above 1420 = target ₹1,550 → ₹1,635.
Support: ₹1,360.
⚡ Consumer durables joining the sector rotation trend."
voltas tested ₹1,416 Fib level but faced rejection. RSI remains strong (65+), MACD supportive, indicating trend is still intact. Needs breakout above ₹1,420 for confirmation.
The Anatomy of Market Structure : JK PAPER1) Supply-Demand Conversion Zone Observation
The highlighted grey rectangular zone on the chart represents a critical supply-demand conversion area. This zone, spanning approximately the ₹280-₹320 range, has historically acted as a significant inflection point where institutional money flow patterns have shifted.
2) The Inverted Head and Shoulders Formation
Above this conversion zone sits a textbook inverted head and shoulders pattern, meticulously marked with dotted lines. This formation showcases three distinct troughs:
-Left Shoulder: Formed during the initial decline phase
-Head: The deepest trough representing maximum bearish sentiment
-Right Shoulder: A higher low indicating weakening selling pressure
3) The pattern's neckline resistance (depicted by the red counter-trend line) : Its true nature is to provide resistance as a downward sloping trend continues up until trend shifts, also know as Market structure shift .
Disclaimer: This analysis is purely educational and structural in nature. It does not constitute investment advice, trading recommendations, or buy/sell signals. Always conduct your own research and consult with qualified financial advisors before making investment decisions.
Observing Charts Smarter: Learning Price Action Made EasyIn this video, I share how simple trading observations and “talking to the charts” can improve your understanding of price action and trade movements. By reviewing Apollo’s chart, we explore how breakout patterns, retracements, and higher highs unfold in real time. The goal is not prediction, but sharpening your ability to read market structure, avoid wrong entries, and reduce big drawdowns—ultimately helping you become a more disciplined trader.
Stock Showdown Saturday: Can You Spot the Trade?Disclaimer:
The chart used in this video is from May 2023 (over 3 months old). It is shown only for educational purposes, to demonstrate strategy-building ideas and share trading experience. This is not financial advice and should not be considered as a recommendation to buy, sell, or skip any stock. Always do your own research before making trading decisions.
From Breakdown to Structure: A Tale of Two Timeframes📊 Left Chart – Weekly Timeframe (WTF)
Price shifted from a series of lower highs/lows to forming a W-bottom entirely below the 200 & 50 EMA. Post-recovery, it moved into a channel consolidation, held by a green ascending support and capped by a green counter-trendline, creating a clean geometric structure.
📈 Right Chart – Monthly Timeframe (MTF)
A broader view reveals multi-fold hindrances, with red & orange trendlines marking a multi-year counter-trend. Each upside push faces historical resistance near the supply zone.
📝 Editorial Note:
Not a forecast — simply a snapshot of evolving structure from compressed weekly action to obstacle-heavy monthly context.






















