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SFL: Technical Setup – Can Bulls Take Charge Above ₹726?________________________________________________________________________________ 📈 Sheela Foam Ltd. (SFL) – TECHNICAL ANALYSIS 📆 Date: June 17, 2025 🕵️‍♂️ Timeframe: Daily ________________________________________________________________________________ 📌 Price Action Analysis – June 17, 2025 Sheela Foam Ltd (SFL) has shown a strong bullish reversal after prolonged selling pressure. The stock rebounded sharply from the discount demand zone near ₹618.75, forming a strong bullish candle on high volume and closing at ₹706.95 — a 5.96% surge in a single session. This price action indicates that buyers have stepped in with force at key support levels, attempting to reverse the previous downtrend. With price now reclaiming structure above previous lower highs (LH), the change of character is visible. A strong bullish close above ₹713 will add confidence to this developing uptrend. ________________________________________________________________________________ 📌 Volume Analysis & Market Implication • Volume surged dramatically to 772.93K, well above the 10 and 20-period moving averages. • High volume accompanied by a strong candle is a clear sign of institutional buying and aggressive accumulation. • The large green bar with a narrow wick suggests sustained buyer control throughout the session. • Volume-based confirmation supports the potential beginning of a trend reversal from bearish to bullish. ________________________________________________________________________________ 📌 Technical Indicators – Bullish Signals in Focus • ✅ Strong Bullish Candle: Sign of momentum reversal. • ✅ RSI Breakout: RSI reading at 69 (Daily) shows entry into bullish territory. • ✅ Bullish SuperTrend Signal: Indicates a switch to positive bias. • ❌ Volume Dry-Up: Not Yet: But overall contraction count (37) hints at base building. • ❌ Breakout Signal: Pending: Still under the critical 726–745 zone. • ✅ CCI + MACD Bullish (D/W): Early confirmation of upward momentum. ________________________________________________________________________________ 📌 VCP Dashboard & Pattern Setup – Breakout in Formation SFL has shown Volume Contraction (VCP) signs with 37 recorded contractions. Although volume dry-up and confirmed breakout signals are still pending, the recent spike with a bullish candle + RSI breakout and BB Squeeze Off shows that momentum is shifting. Watch closely for a breakout above the Resistance 1: ₹726.28 — this may confirm a full VCP breakout. ________________________________________________________________________________ 📌 Key Swing Low – Bullish Reversal From ₹618.75 The strong bullish move has emerged from a well-tested demand zone near ₹618–622, aligning with a swing low and multiple volume-supported bounces in the past. This zone reflects strong buyer interest and may continue to serve as a base for further upside. ________________________________________________________________________________ 📌 Key Resistance Zones Ahead To sustain the uptrend, price must cross and hold above the following levels: • 🔺 Resistance 1 – ₹726.28: Immediate level to watch for a breakout • 🔺 Resistance 2 – ₹745.62: Mid-level hurdle • 🔺 Resistance 3 – ₹778.23: Major barrier; potential profit-booking zone ________________________________________________________________________________ 📌 Key Support Zones (Should Hold to Sustain Trend) • 🟢 Support 1 – ₹674.33: Nearest pullback support • 🟢 Support 2 – ₹641.72: Below this could weaken the structure • 🟢 Support 3 – ₹622.38: Demand zone – trend invalidation below here ________________________________________________________________________________ 📌 Swing High & Supply Zone – ₹1,058.7 • This level marks the premium supply zone where the stock last topped out. • A breakout beyond this zone would indicate long-term reversal strength, but in the near term, it remains a distant resistance. ________________________________________________________________________________ 📌 STWP Trade Details – Confidence Level: 88.35% • Entry Price: ₹713.00 • Stop Loss: ₹659.85 • Risk per Share: ₹53.15 • Loss: ₹2,658 for Qty 50 • Setup: Strong Bullish Candle, High Volume, RSI Breakout • Trade Type: Potential VCP Breakout with Strong Momentum 📈 Risk Reward (Potential): If breakout sustains, RR can extend beyond 1:2+ ________________________________________________________________________________ 📌 What Could Go Wrong? (Risk Perspective) • Failure to hold ₹674 on closing basis may invite profit-booking. • Breakdown below ₹641–622 zone would nullify the bullish thesis. • Absence of volume dry-up may slow down the breakout confirmation. As long as price sustains above ₹706 and continues building volume near ₹726+, bullish structure remains valid. ________________________________________________________________________________ 📌 What to Expect Next? • Break above ₹726.28 would confirm breakout from recent consolidation. • Upside target zones are ₹745 → ₹778 in short term. • If consolidation happens below ₹726 but above ₹674, it may offer re-entry for positional players. ________________________________________________________________________________ 📌 Final Words for Learners This setup reflects a textbook example of a VCP Base forming with a possible breakout ahead. Strong demand zone rejection + volume spike + technical confirmation = early-stage opportunity. But remember: no setup is guaranteed — manage your risk smartly, define your exit, and follow your plan. ⚠️ Patience and discipline are key to riding the full wave. ________________________________________________________________________________ 📌 Disclaimer • Educational content only — not a buy/sell recommendation. • Do your own research and consult a SEBI-registered advisor. • Author is not SEBI-registered; trades are illustrative only. • Trading and investing involve risk. ________________________________________________________________________________ 👇 Your Take on SFL? • Will Sheela Foam break out above ₹726 or consolidate further? • What levels are you watching? Share your charts and thoughts below! ________________________________________________________________________________ 🚀 Found this helpful? Smash that 🔼 Boost! Let’s grow together and make smart trades with clarity and confidence. 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow simpletradewithpatience for more insights & breakout updates! ________________________________________________________________________________
NSE:SFLLong
by simpletradewithpatience
Rent Your Stocks Like Real Estate – Learn the SLB System!Hello Traders & Long-Term Investors! What if I told you that you could generate passive income from your long-term stock holdings — just like renting out real estate? Welcome to the world of SLB – Securities Lending & Borrowing , a system that allows you to lend your idle stocks to traders and earn interest in return. Yet, very few investors use it to their advantage. Let’s explore how it works and how you can start using this strategy smartly. What is the SLB System? SLB = Securities Lending and Borrowing: It’s a regulated mechanism by NSE where investors can lend stocks to borrowers (mostly short sellers) and earn lending fees. Tenure Based Lending: You can lend stocks for fixed durations (typically up to 12 months), and the borrower must return them after the contract ends. Lenders Keep All Rights: Even when you lend stocks, you continue to receive dividends, bonuses, and rights issues during the tenure. Why Use SLB? Key Benefits Extra Income on Idle Stocks: Earn 3–12% annually (or more) as lending fees — especially in volatile or high-demand stocks. No Need to Sell Holdings: You don’t lose ownership or long-term benefits; your stocks remain part of your portfolio. Safe & Regulated by SEBI: SLB is managed by NSE’s clearing corporation — with collateral and proper risk management. Zero Market Risk for Lenders: If the borrower fails to return stocks, the clearing house settles it with margin and penalties. How to Start Using SLB as a Retail Investor Approach Your Broker: Many brokers like Zerodha, ICICI, and HDFC offer SLB through their platform — just activate the SLB module. Eligible Stocks Only: Not all stocks are eligible — check the NSE SLB list for approved large and mid-cap stocks. Track Lending Rates: Lending demand changes — high-interest rates are often seen in stocks with upcoming corporate actions or high short interest. Rahul’s Tip Think of SLB like renting your flat in a good location — why let it sit idle when you can earn steady cash flow? Combine SLB with your long-term strategy for compounding benefits. Conclusion The SLB system is a game-changer for retail investors holding long-term portfolios. It allows you to generate income without exiting your positions . Just like real estate investors earn monthly rent — you can earn steady returns by lending quality stocks. Don’t let your capital sit idle — make it work smarter for you! Have you ever used SLB? Planning to start now? Let’s discuss in the comments!
NSE:NIFTYEducation
by TraderRahulPal
7
NIFTY Technical Outlook – Key Levels to Watch📊 NIFTY Technical Outlook – Key Levels to Watch 📅 Date: June 12, 2025 ⏰ Timeframe: Intraday / Short-Term Perspective ________________________________________ 📌 Resistance Levels: ₹25,114 – First hurdle for bulls; price action here will be crucial to determine momentum. ₹25,340 – Intermediate resistance; expect some profit booking or consolidation near this zone. ₹25,484 – Major resistance; a breakout above could signal the continuation of the uptrend. ________________________________________ 📌 Support Levels: ₹24,744 – Initial support; staying above this keeps buyers in control. ₹24,600 – Important cushion; any breakdown may attract short sellers. ₹24,374 – Strong demand zone; breach of this could change the short-term trend to bearish. ________________________________________ 📌 Disclaimer • This analysis is for educational purposes only. • It does not constitute investment advice or a buy/sell recommendation. • Trading involves risk and should be done with proper research. • Always consult a SEBI-registered financial advisor before entering any trade. • The author is not SEBI-registered and holds no liability for your trades. ________________________________________ ✅ Found this helpful? Hit that 🔼 Boost button to help others discover clean and concise technical insights! 💡 Your engagement keeps quality analysis flowing daily. ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow simpletradewithpatience for more such daily NIFTY levels and trade-ready breakdowns!
NSE:NIFTY
by simpletradewithpatience
Demand Zone Spotted📈 CHOLAFIN – Strong Demand Zone Bounce, Is a Rally Brewing? 📆 Date: June 7, 2025 🔍 Timeframe: 15-Minute ________________________________________ Demand Zone Bounce with Consolidation Breakout Watch CHOLAFIN witnessed a solid rebound from key demand zones after an early dip. Price action shows strong buying on upward moves, while the stock is currently consolidating — hinting at a potential breakout. ________________________________________ 🔸 Demand Zone 1: ₹1553 – ₹1543 • Buyers stepped in aggressively here • Entry (Post Confirmation): ₹1553 • Stop Loss: ₹1541 🔸 Demand Zone 2: ₹1506.40 – ₹1498.70 • Acts as deeper support if pullback extends • Entry (Post Confirmation): ₹1506.40 • Stop Loss: ₹1496 🎯 Target Levels (Based on R:R) • Target 1: ₹1580 (1:1) • Target 2: ₹1606 (1:2) • Target 3: ₹1628 (1:3) ________________________________________ 📌 Setup Notes • Demand zones indicate strong buyer interest — ideal areas for bounce trades. • Aggressive traders may enter near the tip of the demand zone with a tight stop loss. • Conservative traders should wait for price to enter deeper into the zone and show signs of reversal. • Volume spike on green candles suggests accumulation by smart money. • Watch for a clean breakout above consolidation to confirm momentum. • RSI or MACD crossovers can offer added conviction for entry. ________________________________________ ⚠️ Caution • Avoid long trades if price gaps down below ₹1498 • Watch for false breakouts if volume is weak ⚠️ Risk Management Tip • Stick to your stop loss — capital protection is key • Don’t enter mid-range — wait for zone tests or breakout confirmation • Position sizing should align with your risk tolerance ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice or a buy/sell recommendation. Trading in the stock market involves risk. Please consult a SEBI-registered advisor before trading. The author is not SEBI-registered and holds no responsibility for any financial loss. Always do your own analysis and manage risk effectively. ________________________________________ 👇 What’s Your View? Share Below • Tracking CHOLAFIN? • Will this consolidation lead to a breakout move? • How do you plan your trade around such demand zones? 💡 Let’s exchange insights and grow as traders! ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow @simpletradewithpatience for more such actionable setups!
NSE:CHOLAFINLong
by simpletradewithpatience
DAILY TECHNICAL ANALYSIS - Bullish Wedge BreakoutHDFC AMC (HDFCAMC) — DAILY TECHNICAL ANALYSIS 📅 Date: June 7, 2025 ________________________________________ 🔹 Price Action Summary: • Closed @ 5087.5, up 4.13% from previous close • Closed near the day’s high (5157.8) — strong session with decisive buying • Bulls took control after a steady climb — volume confirming intent ________________________________________ 🔹 Chart Pattern: • Bullish Wedge Breakout — classic reversal breakout indicating potential upside continuation ________________________________________ 🔹 Why Watch This? – Technical Indicators: This breakout isn’t standing alone — strong confluence adds conviction: ✅ Bullish Momentum ✅ 52-Week Breakout ✅ Short-Term Breakout ✅ Swing Trade Setup ✅ Buy Today, Sell Tomorrow ✅ Next Day Intraday Signal ✅ RSI Breakout ✅ Bollinger Band Breakout ✅ TTM Squeeze — Possible Expansion Phase ________________________________________ 🔹 Support & Resistance Levels: • Resistance:   - R1: 5223   - R2: 5359   - R3: 5560 • Support:   - S1: 4886   - S2: 4685   - S3: 4550 ________________________________________ 🔹 STWP TRADE ALERT: • Long Entry Idea: 5157.8 • Stop Loss (DCB): 4814.25 • Swing Stop Loss: 4719.25 • Reward Ratios: 1:1 | 1:2 | 🔼 Trail further if momentum builds ________________________________________ 🔹 Watchlist Grade: 🔥🔥🔥 (Breakout on Higher Timeframe + Momentum Setup) ________________________________________ 🔹 Strategy Note: • Breakout from falling wedge = bullish reversal on strong structure • Ideal setup for Swing and Short-Term Momentum Traders • Watch for sustained move above 5157.8 — confirmation matters • Pullback zone between 5040–5070 can offer low-risk entry ________________________________________ ⚠️ Risk Management Tip: • Don’t chase after the breakout — wait for setup confirmation • Stick to your defined entry, SL, and target zones • As prices move into overbought areas, risk discipline is crucial • Focus on protecting capital — consistency > big wins ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice or a recommendation to buy/sell. Stock market trading involves financial risk. Always consult a SEBI-registered advisor before making any trading decisions. The author is not SEBI-registered and cannot be held responsible for any losses. Trade responsibly and do your own due diligence. ________________________________________ 👇 What’s Your View? – Let’s Discuss in Comments: • Are you tracking HDFCAMC after this wedge breakout? • Will it hold above 5157.8 or face selling pressure near R1? • Share your view or chart — we grow better together! 💡 Let’s learn and improve as a trading community. ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow @simpletradewithpatience for more such actionable insights
NSE:HDFCAMCLong
by simpletradewithpatience
DAILY TECHNICAL ANALYSISBAJAJ INDEPENDENT (BAJAJINDEF) — DAILY TECHNICAL ANALYSIS 📅 Date: June 7, 2025 ________________________________________ 🔹 Price Action Summary: • Closed @ 334.7, up 16.84% from previous close • Closed near the day’s high (340.8) — powerful move with buying strength throughout the session • Strong bullish breakout on high momentum, fueled by post-listing interest ________________________________________ 🔹 Chart Pattern: • Range Breakout + Listing Day Breakout + Rising Window — bullish continuation in early trend development ________________________________________ 🔹 Why Watch This? – Technical Indicators: A high-volume breakout backed by strong technical confluences: ✅ Bullish Momentum ✅ Strong Bullish Candle ✅ RSI Breakout ✅ Open = Low Pattern ✅ Bollinger Band Breakout ✅ TTM Squeeze – Possible Expansion Phase ________________________________________ 🔹 Support & Resistance Levels: • Resistance:   - R1: 353   - R2: 371   - R3: 402 • Support:   - S1: 304   - S2: 274   - S3: 255 ________________________________________ 🔹 STWP TRADE ALERT: • Long Entry Idea: 340.8 • Stop Loss (DCB): 291.1 • Swing Stop Loss: 237.1 • Reward Ratios: 1:1 | 1:2 | 🔼 Trail further if price sustains breakout zone ________________________________________ 🔹 Watchlist Grade: 🔥🔥🔥 (Momentum Breakout on Listing Interest) ________________________________________ 🔹 Strategy Note: • Post-listing strength + range breakout = strong early trend play • Suitable for BTST and swing setups • Clean close above 340–342 confirms strength • Pullbacks near 325–330 can offer attractive risk-reward setups ________________________________________ ⚠️ Risk Management Tip: • Avoid emotional entries during hype — follow structure • Define your entry, stop loss, and profit targets in advance • Overbought doesn’t mean over – but caution is key • Protect your capital and don’t overleverage in new listings ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice or a recommendation to buy/sell. Stock market trading involves risk. Always consult a SEBI-registered advisor before taking any trades. The author is not SEBI-registered and cannot be held responsible for any losses. Always do your own research and manage your risk wisely. ________________________________________ 👇 What’s Your View? – Share your thoughts below: • Are you tracking BAJAJINDEF after this breakout? • Will this post-listing rally extend or pause near resistance? • Got a different take? Drop your charts or insights below. 💡 Learning grows when shared — let’s talk charts! ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 For more such insights, follow @simpletradewithpatience
NSE:BAJAJINDEFLong
by simpletradewithpatience
DAILY TECHNICAL ANALYSIS________________________________________ ICICI LOMBARD (ICICIGI) — DAILY TECHNICAL ANALYSIS 📅 Date: June 7, 2025 ________________________________________ 🔹 Price Action Summary: • Closed @ 2006.2, up 6.85% from previous close • Closed near day’s high (2013.4) — indicating strong buyer interest • Bullish sentiment supported by volume and momentum ________________________________________ 🔹 Chart Pattern: • Ascending Triangle Breakout — bullish strength accelerating ________________________________________ 🔹 Why Watch This? – Technical Indicators: The stock is showing strong confluence of bullish technical signals: ✅ Bullish Momentum ✅ Bullish Marubozu ✅ Volume Breakout ✅ Strong Bullish Candle ✅ Buy Today, Sell Tomorrow Setup ✅ Next Day Intraday Signal ✅ RSI Breakout ✅ MACD Crossover ✅ Bollinger Band Breakout ✅ TTM Squeeze – Compression Phase (Potential Expansion) ________________________________________ 🔹 Support & Resistance Levels: • Resistance:   - R1: 2056   - R2: 2106   - R3: 2198 • Support:   - S1: 1914   - S2: 1821   - S3: 1771 ________________________________________ 🔹 STWP TRADE ALERT: • Long Entry Idea: 2013.4 • Stop Loss (DCB): 1869 • Swing Stop Loss: 1845 • Reward Ratios: 1:1 | 1:2 | 🔼 Trail if momentum sustains ________________________________________ 🔹 Watchlist Grade: 🔥🔥🔥 (High Priority Setup) ________________________________________ 🔹 Strategy Note: • Breakout supported by volume + trend momentum = ideal setup • Suitable for BTST & short-term swing trades • Watch for follow-through above 2013.4 • Retest around 1995–2000 can offer a low-risk re-entry ________________________________________ ⚠️ Risk Management Tip: • Never chase a breakout blindly • Always define your entry, stop loss, and target • As price enters overbought zones, risk discipline becomes crucial • Focus on capital protection, especially in momentum setups ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice, stock tips, or a recommendation to buy/sell. Stock market trading involves risk. Always consult a SEBI-registered advisor before taking any trades. The author is not SEBI-registered and cannot be held responsible for any losses. Practice sound risk management and do your own research. ________________________________________ 👇 What’s Your View? – Drop your view or chart in the comments: • Are you tracking ICICIGI? • Will this breakout hold above 2013.4 or face resistance ahead? • What’s your trade plan for the coming week? 💡 Always open to learning from fellow traders! ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 For more such insights, follow @simpletradewithpatience ________________________________________
NSE:ICICIGILong
by simpletradewithpatience
DAILY TECHNICAL ANALYSIS________________________________________ GODREJ PROPERTIES (GODREJPROP) — DAILY TECHNICAL ANALYSIS 📅 Date: June 7, 2025 ________________________________________ 🔹 Price Action Summary: • Closed @ 2467, up 6.7% from previous close • Closed near day’s high (2485) — a clear breakout from recent range • Momentum building strongly with volume confirming the move ________________________________________ 🔹 Chart Pattern: • Channel Range Breakout confirmed — bullish momentum gaining strength ________________________________________ 🔹 Why Watch This? – Technical Indicators: The stock is firing on all cylinders with multiple confluences: ✅ Bullish Momentum ✅ 52-Week Volume Breakout ✅ Strong Bullish Candle ✅ EMA 200 Crossover ✅ Buy Today, Sell Tomorrow Setup ✅ Next Day Intraday Signal ✅ RSI Breakout ✅ Bollinger Band Breakout ✅ BBSqueeze OFF — Potential Big Move ✅ 20-Day Volume Breakout ________________________________________ 🔹 Support & Resistance Levels: • Resistance:   - R1: 2528   - R2: 2589   - R3: 2694 • Support:   - S1: 2362   - S2: 2257   - S3: 2196 ________________________________________ 🔹 STWP TRADE ALERT: • Long Entry Idea: 2485 • Stop Loss (DCB): 2315 • Swing Stop Loss: 2239 • Reward Ratios: 1:1 | 1:2 | 🔼 Trail if momentum sustains ________________________________________ 🔹 Watchlist Grade: 🔥🔥🔥 (High Priority Setup) ________________________________________ 🔹 Strategy Note: • Volume-backed breakout + momentum = strong setup • Suitable for BTST & Swing Traders • Clean follow-through above 2485 is key • Retest around 2440–2450 can offer a safer re-entry ________________________________________ ⚠️ Risk Management Tip: • Never chase a breakout blindly • Always define your entry, stop loss, and target • Overbought conditions = higher risk — tighten risk control • Focus on capital protection, especially with momentum trades ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice, stock tips, or a recommendation to buy/sell. Stock market trading involves risk. Always consult a SEBI-registered advisor before taking any trades. The author is not SEBI-registered and cannot be held responsible for any losses. Practice sound risk management and do your own research. ________________________________________ 👇 What’s Your View? - Drop your view or chart in the comments: • Are you tracking GODREJPROP? • Will this breakout hold above 2485 or fade? • What's your trade plan for the coming week? 💡Always open to learning from fellow traders! ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 For more such insights, follow @SimpleTradeWithPatience ________________________________________
NSE:GODREJPROPLong
by simpletradewithpatience
HERITGFOOD - Cup & Handle Breakout with RSI Confirmation | Daily📊 HERITAGE FOODS LTD (HERITGFOOD) – Cup & Handle Breakout with RSI Confirmation | Daily Chart 📅 Chart Date: June 5, 2025 📈 CMP: ₹446.10 (+5.94%) 📍 Ticker: NSE:HERITGFOOD 🔍 Technical Analysis Overview ☕ Cup & Handle Pattern Breakout HERITGFOOD has successfully broken out of a Cup & Handle pattern, signaling the end of a long downtrend and a potential start of a new bullish wave. The breakout zone lies around ₹435–₹440. 💥 Breakout Volume: Supported by a strong surge in volume (~1.32M), adding conviction to the breakout. 📉 RSI Indicator: RSI is at 69.30, just below overbought territory, indicating strong momentum. RSI crossover above signal line confirms bullish strength. 📍 Key Price Levels ✅ Breakout Zone: ₹435–₹440 🚀 Upside Targets (based on pattern projection and past resistance): ₹470 – minor resistance ₹510 – medium-term swing target ₹550+ – extended target if momentum sustains 🛡️ Support Levels: ₹435 – breakout retest zone ₹415 – minor base ₹390 – handle bottom (critical invalidation) 🔻 Stop Loss Zone: Below ₹415–₹420 for risk-managed swing positions 🛠️ Trading Strategy Entry: After confirmation candle above ₹440 or on pullback to retest breakout zone Stop Loss: Below ₹415 Targets: ₹470 → ₹510 → ₹550+ Risk/Reward: Attractive R:R setup with confirmation indicators ⚠️ Disclaimer This chart is for educational and analysis purposes only. Please consult a SEBI-registered financial advisor before taking any trading decision.
NSE:HERITGFOODLong
by PriceAction_Pulse
Double Demand Zone Spotted📈 MCX – TECHNICAL ANALYSIS 📆 Date: June 6, 2025 🔍 Timeframe: 15-Minute ________________________________________ 🟢 Dual Demand Zone Setup Identified The chart reveals two key demand zones where strong buying activity previously emerged. These zones can potentially act as support areas on any price retracement: ________________________________________ Zone 1: ₹6838.50 – ₹6794.50 A sharp bullish move originated from this zone, supported by strong volume. Price retracement into this level could provide a low-risk long opportunity if bullish reversal patterns appear. • Entry (Post Confirmation): ₹6838.50 • Stop Loss: ₹6792 Target Levels (R:R Based): • Target 1: ₹6885 (1:1) • Target 2: ₹6930 (1:2) • Target 3: ₹6975 (1:3) ________________________________________ Zone 2: ₹6745.50 – ₹6725.50 This deeper demand zone showed strong historical buyer interest. Ideal for dip-buying setups if Zone 1 fails. • Entry (Post Confirmation): ₹6745.50 • Stop Loss: ₹6724 Target Levels (R:R Based): • Target 1: ₹6767 (1:1) • Target 2: ₹6788 (1:2) • Target 3: ₹6809 (1:3) ________________________________________ 📌 Setup Notes: • Volume spikes and bullish price structures indicate active buyer interest. • Both zones should be traded only on confirmation via price action — such as hammer, bullish engulfing, or pin bars. • Weak red candles and shallow pullbacks support the bullish case. • Traders may use additional confluence like RSI, MACD, or trendlines for validation. ________________________________________ Caution: If price gaps down below the demand zone at open, the trade setup is invalid. Do not take a long trades without clear bullish confirmation. ⚠️ Risk Management Tip: Never chase a breakout blindly. Always have a defined entry, stop loss, and target. As price enters overbought zones, risk control becomes even more important. Focus on capital protection, especially when trading momentum setups. 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice, stock tips, or a recommendation to buy/sell. Stock market trading involves risks. Always consult a SEBI-registered advisor before taking any trades. The author is not SEBI-registered and cannot be held responsible for any losses. Practice sound risk management and do your own research. 👉 Found this useful? Hit Follow ✅ to stay updated with breakout setups, educational content, and trade-ready ideas. Let's grow smarter, together! 💡📊
NSE:MCXLong
by simpletradewithpatience
2
RADICO - Cup & Handle Breakout | Daily Chart📊 RADICO KHAITAN LTD (RADICO) – Cup & Handle Breakout | Daily Chart 📅 Chart Date: June 4, 2025 📈 CMP: ₹2,670.80 (+4.78%) 📍 Ticker: NSE:RADICO 🔍 Technical Breakdown ☕ Cup & Handle Breakout Confirmed A classic Cup & Handle formation has played out with a bullish breakout above the neckline near ₹2,640–₹2,670. The pattern is well-structured, showing clear accumulation followed by a rounded bottom and brief consolidation. 📏 Measured Target: The height of the cup (~₹620) projects an initial target near ₹3,129, aligning closely with the 161.80% Fibonacci Extension level. ⚙️ Indicators Used 🔹 Chart Pattern: Cup & Handle 📐 Fibonacci Retracement & Extension 📊 Volume Spike: Strong breakout volume 📈 EMA Cluster: 20/50/100/200-day — bullish alignment 🟢 EMA Support: Price sustaining well above EMAs; 200 EMA ~₹2,000 📍 Key Price Levels ✅ Breakout Zone: ₹2,640–₹2,670 🚀 Upside Targets: 📈 127.20% – ₹2,853 📈 161.80% – ₹3,129 📈 200% – ₹3,352 (extended swing target) 🛡️ Support Levels: ₹2,467 – 78.6% Fibo ₹2,333 – 61.8% ₹2,145 – 38.2% ₹2,029 – 23.6% 🔻 Invalidation/Stop: Closing below ₹2,467 (strong Fibo + EMA support zone) 💼 Trading Strategy Entry: On breakout retest or strong close above ₹2,670 Stop Loss: ₹2,467 Target Range: ₹2,853 – ₹3,129 – ₹3,350+ Timeframe: Short to medium term swing ⚠️ Disclaimer This analysis is for educational purposes only. Please do your own research or consult a financial advisor before making trading/investment decisions.
NSE:RADICOLong
by PriceAction_Pulse
Demand and Supply Zones spotted________________________________________ 📈 ABB INDIA LTD – TECHNICAL ANALYSIS 📆 Date: June 4, 2025 🔍 Timeframe: 15-Minute ________________________________________ 🔴 Supply Zone Identified A strong Supply Zone has formed between ₹6033 – ₹6049.50, where sellers previously entered with volume, pushing the price downward. This zone may act as a resistance on any upside attempts. 🟢 Demand Zone Identified A strong Demand Zone lies between ₹5950 – ₹5934, where buyers stepped in aggressively and drove price upward. This zone is likely to offer support on pullbacks. ________________________________________ 💼 Trade Details: • Trade Type: – Short Near Supply Zone 📌 Short Entry Setup: • Entry Level: ₹6045 • Stop Loss: ₹6052 🎯 Target Levels (Based on Risk-Reward for Short Entry): • 📌 Target 1 (R:R – 1:1): ₹6038 • 📌 Target 2 (R:R – 1:2): ₹6031 • 📌 Target 3 (R:R – 1:3): ₹6000 ________________________________________ – Long Near Demand Zone 📌 Long Entry Setup: • Entry Level: ₹5940 • Stop Loss: ₹5932 🎯 Target Levels (Based on Risk-Reward for Long Entry): • 📌 Target 1 (R:R – 1:1): ₹5948 • 📌 Target 2 (R:R – 1:2): ₹5956 • 📌 Target 3 (R:R – 1:3): ₹6033 ________________________________________ 📌 Setup Notes: • Price moved sharply between these two zones, confirming reactive participation. • Volume spikes at turning points validate institutional interest. • Current price is near the supply zone, and a rejection may lead to retracement toward the demand zone. ________________________________________
NSE:ABB
by simpletradewithpatience
Multiple Demand Zones Spotted________________________________________ 📈 MUTHOOT FINANCE LTD – TECHNICAL ANALYSIS 📆 Date: June 4, 2025 🔍 Timeframe: 15-Minute ________________________________________ 🟢 Demand Zones Identified Two strong Demand Zones have formed where buyers previously stepped in with aggressive volume and triggered sharp upside moves. These zones may act as key support areas on any price retracement. ________________________________________ 💼 Trade Details: • Trade Type: Long / Buy on Dip (Near Demand Zones) • Entry Level 1: ₹2162 • Stop Loss 1: ₹2138 (Below the demand zone to filter volatility) • Entry Level 2: ₹2114.90 • Stop Loss 2: ₹2095 (Wider SL, deeper entry) ________________________________________ 🎯 Target Levels (Based on Risk-Reward for Entry 1): • 📌 Target 1 (R:R – 1:1): ₹2186 • 📌 Target 2 (R:R – 1:2): ₹2210 • 📌 Target 3 (R:R – 1:3): ₹2234 🎯 Target Levels (Based on Risk-Reward for Entry 2): • 📌 Target 1 (R:R – 1:1): ₹2134.90 • 📌 Target 2 (R:R – 1:2): ₹2154.90 • 📌 Target 3 (R:R – 1:3): ₹2174.90 ________________________________________ 📌 Setup Notes: • Price surged strongly after reacting from both demand zones previously. • Volume spike confirmed institutional interest at these levels. • Current price consolidating at higher levels, offering a pullback opportunity. ________________________________________
NSE:MUTHOOTFINLong
by simpletradewithpatience
Demand Zone spotted________________________________________ 📈 SRF LTD – TECHNICAL ANALYSIS 📆 Date: June 4, 2025 🔍 Timeframe: 15-Minute ________________________________________ 🟢 Demand Zone Spotted A strong Demand Zone has developed between ₹2895.90 – ₹2902.60, where buyers aggressively stepped in and drove prices upward. This zone now acts as a potential support on pullbacks. ________________________________________ 💼 Trade Details: • Trade Type: Long / Buy on Dip (Near Demand Zone) • Entry Level: ₹2902.60 • Stop Loss: ₹2894 (Just below the demand zone for tighter risk control) ________________________________________ 🎯 Target Levels (Based on Risk-Reward): • 📌 Target 1 (R:R – 1:1): ₹2911.20 • 📌 Target 2 (R:R – 1:2): ₹2919.80 • 📌 Target 3 (R:R – 1:3): ₹2928.40 ________________________________________ 📌 Setup Notes: • Demand zone breakout was followed by a strong bullish rally with volume confirmation. • Price is currently retracing from highs — giving opportunity to enter near the zone. • Weak red candle volume suggests shallow selling — favoring the long-side setup. ________________________________________
NSE:SRFLong
by simpletradewithpatience
Supply Zone Spotted________________________________________ 📈 BAJAJ FINSERV LTD – TECHNICAL ANALYSIS 📆 Date: June 4, 2025 🔍 Timeframe: 15-Minute ________________________________________ 🔺 Supply Zone Spotted A clear Supply Zone has emerged between ₹2003 – ₹2007.40, where sellers previously dominated and pushed prices lower. This zone may now act as resistance on any upward retracement. ________________________________________ 💼 Trade Details: • Trade Type: Short / Sell on Rise (Near Supply Zone) • Entry Level: ₹2003 • Stop Loss: ₹2008 (Just above supply zone to avoid whipsaws) ________________________________________ 🎯 Target Levels (Based on Risk-Reward): • 📌 Target 1 (R:R – 1:1): ₹2000 • 📌 Target 2 (R:R – 1:2): ₹1997 • 📌 Target 3 (R:R – 1:3): ₹1994 ________________________________________ 📌 Setup Notes: • Strong rejection seen from the supply zone earlier with high volume. • Price is consolidating below the zone, indicating a buildup of short interest. • Volume is dropping on green candles, suggesting weak buying — favoring the short-side setup. ________________________________________
NSE:BAJAJFINSVShort
by simpletradewithpatience
Identify Strong Supply Zones & Set Targets with RRR Logic📈HERO MOTOCORP LTD | 15-Min Chart Analysis 📆Date: June 3, 2025 Ticker: NSE:HEROMOTOCO Price: ₹4,205.00 Chart Overview: The chart shows a clear intraday rejection from a key supply zone followed by strong bearish price action. A decisive move below ₹4,220 indicates supply pressure. Two critical supply zones are marked: Possible Strong Supply Zone: 4225.30–4233.60 | SL above 4234 Possible Supply Zone: 4241–4247.20 | SL above 4248 Price is currently trading around ₹4,205, just below these zones, signaling a potential continuation of the short-term bearish trend. Supply Zone Breakdown: 🟥🟥 Strong Supply Zone (4225–4233): Multiple wick rejections seen previously. Ideal for aggressive short entries with tight SL above 4234. 🟥 Upper Supply Zone (4241–4247): Acts as a secondary resistance. Conservative short traders can consider this zone with SL above 4248. How to Trade Supply & Demand Zones: When to Enter (Short Trade from Supply Zone): Wait for price to retest the supply zone. Watch for bearish confirmation candles like shooting stars, bearish engulfing, or rejections with volume. Enter short near the top of the supply zone. Keep a tight stop-loss just above the zone. Stop-Loss Placement: For Strong Supply Zone: SL above ₹4234. For Higher Supply Zone: SL above ₹4248. Targets: Book profits at logical RRR levels (1:2 or 1:3 for high probability setups). Why Use Risk-Reward? Helps you define targets objectively. Protects capital with fixed stop-loss logic. Avoids emotional exits; everything is pre-planned. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:HEROMOTOCOShort
by simpletradewithpatience
3
AWL Agri Business By KRS Charts 19th May 2025 / 10:42AM Why AWL? 1. AWL was in Huge Correction mode after its first high after listed. 2. Correction path is showing clear Wave counts , finished Wave 5 downside and recently it likely in ABC Wave upside. 3. AWL was range bound for quite a time and recently shown upside overthrow (Fake Entry Buyside) from strong range and now likely same overthrow for downside also. 4. Price Action does this when some big move about to come it shakeout both Buyers & Sellers before going for final move. 5. Bullish traits like Inv. H&S and Wave counts , and Bullish Range bound is giving enough conviction to bet on this. SL & Targets are pinned in Chart. AWL has low P/E Ratio compared to its Industry. Wave Count shown in Chart is rough prediction can be varied👍 Long Term Target SL will be 250 Rs.
NSE:AWLLong
by KRSCharts
How to Trade Demand and Supply zone - Intraday logicICICI Bank Ltd. — 15-Minute Chart Analysis Possible Fresh Supply Zone: 1465.30 – 1467.70 Supply Zone: An area where selling interest might exceed buying, potentially causing price resistance and downward movement. Possible Fresh Demand Zone: 1443.10 – 1438.60 Demand Zone: An area where buying interest might exceed selling, potentially causing price support and upward movement. Bullish Context (Price Support Considerations) Price Approaching Demand Zone: If the price approaches the demand zone and demonstrates signs of stabilization or reversal — such as bullish candlestick formations or increased volume — this area might act as a support level. Traders may monitor price action closely for confirmation before considering any strategy. Price Breakout Above Supply Zone: A strong price move above the supply zone, confirmed by volume, may indicate sustained buying interest. In such cases, traders often observe the price behavior for follow-through towards higher resistance or psychological levels. Bearish Context (Price Resistance Considerations) Price Approaching Supply Zone: When the price moves up into the supply zone and shows weakening momentum or reversal patterns, it may act as a resistance area. Monitoring price action here can help understand potential selling pressure. Price Breakdown Below Demand Zone: A decisive price move below the demand zone, especially on high volume, may suggest increased selling pressure. Such a breakdown may lead to further downside towards the next support levels. General Guidelines for Using Supply and Demand Zones Volume Confirmation: Volume spikes near supply or demand zones can reinforce the significance of these areas. Candlestick Patterns: Observe for reversal or continuation candlestick signals to support decision-making. Wait for Confirmation: Avoid premature entries; ensure price action validates the zone's strength. Risk Management: Employ appropriate stop loss levels close to these zones to manage risk effectively. Personal Due Diligence: Always consider overall market conditions and individual risk tolerance before acting. Important Note: Avoid reacting solely to opening price gaps. Always wait for confirmation (e.g., candle close, volume validation, or a retest of the level) before considering any entry. How to Trade ICICIBANK: 1: Price Approaches Demand Zone and Holds When the price falls to the Demand Zone (1443.10 - 1438.60) and shows signs of reversal or consolidation (e.g., bullish candlestick patterns or volume increase), it is a potential buying opportunity. Entry: Near the lower boundary of the demand zone. Stop Loss: Slightly below the demand zone (below 1438.60). Possible Target: Near the supply zone (1465.30 - 1467.70) or higher, depending on momentum. 2: Price Breaks Above Supply Zone If price breaks decisively above the Supply Zone (1465.30 - 1467.70) with strong volume, this may signal bullish strength. Entry: On the breakout above 1467.70. Stop Loss: Just below the supply zone (around 1465.30). Possible Target: Next resistance level or round psychological numbers (e.g., 1480 or 1500). 3: Price Approaches Supply Zone and Reverses When the price rallies into the Supply Zone (1465.30 - 1467.70) and shows reversal signs or weakening momentum (e.g., bearish candlestick patterns or volume decrease), it could be a selling opportunity. Entry: Near the upper boundary of the supply zone. Stop Loss: Slightly above the supply zone (above 1467.70). Possible Target: Near the demand zone (1443.10 - 1438.60) or lower if momentum is strong. 4: Price Breaks Below Demand Zone If price breaks below the Demand Zone (1443.10 - 1438.60) with strong volume, this suggests bearish pressure. Entry: On the breakdown below 1438.60. Stop Loss: Just above the demand zone (around 1443.10). Possible Target: Next support level or lower psychological levels (e.g., 1420 or 1400). ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:ICICIBANK
by simpletradewithpatience
1
SMS PHARMA - Cup & Handle Breakout with Volume Confirmation📊 SMS PHARMA – Cup & Handle Breakout with Volume Confirmation 🕰️ Timeframe: 1D | 📐 Pattern: Cup & Handle Formation 🔍 Technical Setup: SMS Pharma has formed a classic Cup & Handle pattern, which is a bullish continuation pattern. The breakout has occurred above the neckline resistance with a clean breakout candle, confirming bullish momentum. The falling trendline resistance has also been decisively broken, adding further confidence to the breakout strength. 🔑 Key Levels to Watch: 🔵 Resistance (Upside Targets): ₹258.05 ₹271.70 🔴 Support Zones: ₹230.57 (neckline support) ₹211.77 (handle base) ₹181.95 (major horizontal support zone) 📊 Volume & Indicators: 🔺 Volume Surge at breakout confirms strength and participation — a good sign for trend continuation. 📈 RSI: 64.58 — close to overbought zone, but still indicating strength. Minor consolidation near ₹240 would be healthy before further up move. 🧠 Bias: Bullish 📉 Any pullback to ₹230–₹235 can offer a good entry opportunity with risk managed below ₹211. ⚠️ Disclaimer: This is an educational analysis and not investment advice. Do your own research before making any trading decisions. 📈 Follow @PriceAction_Pulse for more breakout setups and swing trading ideas! 💬 Drop your thoughts in the comments — will this Cup & Handle breakout hit the ₹270 zone?
NSE:SMSPHARMALong
by PriceAction_Pulse
1
DIVISLAB - Cup Pattern Breakout with Bullish Flag Consolidation📊 DIVISLAB – Cup Pattern Breakout with Bullish Flag Consolidation 🕰️ Timeframe: 1W | 🔍 Pattern: Cup Formation + Bullish Flag | 🚀 Long-Term Breakout Potential 📈 Technical Breakdown: DIVISLAB has formed a massive Cup pattern on the weekly timeframe and is currently consolidating inside a Bullish Flag after hitting the neckline breakout. This is a classic continuation setup following a long accumulation. Post breakout, the price tested the upper region and is now preparing for a potential next leg toward Fibonacci extension levels. 🔑 Key Support & Resistance Levels: 🔵 Resistance / Upside Targets: ₹6,485.00 (Cup breakout top) ₹8,829.30 (Fib extension 161.8%) 🟦 🔴 Support Zones: ₹5,290.20 – Local horizontal support ₹5,035.95 – Fib 61.8% retracement (strong support) ₹4,588.30 – Fib 50% ₹4,140.70 – Fib 38.2% ₹2,691.65 – Long-term base (0% Fib) 🧭 Strategic View: 🟢 Bias: Bullish 🔁 Retest Zone: ₹5,290–₹5,035 can be re-entry zones 🎯 Target Zones: ₹6,485 followed by ₹8,829 for positional long 🛑 Invalidation: Below ₹5,000 zone ⚠️ Disclaimer: This is an educational chart setup and not trading advice. Please conduct your own research and risk management. 📣 Follow @PriceAction_Pulse for more such clean breakouts and chart pattern analysis! 🔁 Drop a comment if DIVISLAB is on your radar for the next breakout rally 📈
BSE:DIVISLABLong
by PriceAction_Pulse
ONWARD TECHNOLOGIES LTD📊 ONWARD TECHNOLOGIES LTD (1D) – CMP ₹313.00 📅 Published on: May 17, 2025 📈 Exchange: NSE 📌 Ticker: ONWARDTEC 🔍 Technical Chart Analysis ✅ Trendline Breakout: A clean downtrend line breakout is visible on the daily chart, marking the end of a prolonged bearish phase. Price has decisively broken above the falling resistance trendline with a sharp bullish candle and strong volume confirmation. ✅ Volume Surge: Breakout occurred with a 17.76% gain and significantly higher volume (1.23M), hinting at strong buying interest and possible institutional accumulation. ✅ Fibonacci Retracement Zones (from swing high ₹731.00 to low ₹207.30): 38.2% – ₹407.40 50.0% – ₹469.20 61.8% – ₹531.00 78.6% – ₹618.95 100% – ₹731.00 ✅ Support Confirmation: The price held the multi-year support zone around ₹207.97, which aligns with the 0.00% Fibo level, forming a strong base for reversal. 🧱 Key Support & Resistance Levels 🟩 Support Zones: ₹207.97 (Major long-term support) ₹265–270 (Breakout retest zone if pullback happens) 🟥 Resistance Zones (Fibonacci-based): ₹407.40 (38.2% FIB) ₹469.20 (50.0% FIB) ₹531.00 (61.8% FIB - Golden Ratio) ₹618.95 ₹731.00 (Previous ATH) 📉 Timeframe: Daily (1D) 📈 Sentiment: Turning Bullish 💡 Conclusion: After a long correction, ONWARDTEC has shown a breakout with strong volume from a downtrend line. Holding above ₹300 levels can open room for targets near ₹407–₹469 and beyond. A good setup for swing traders looking for reversal entries. 📌 Disclaimer: This analysis is for educational and informational purposes only. Not financial advice. Please consult your advisor before making investment decisions.
NSE:ONWARDTECLong
by PriceAction_Pulse
SARLAPOLY - Cup & Handle Breakout With Fibonacci Confluence📊 SARLAPOLY – Cup & Handle Breakout with Fibonacci Confluence 🕰️ Timeframe: 1D | 📐 Pattern: Cup Formation + Trendline Breakout 🔍 Technical Overview: SARLAPOLY has completed a Cup pattern and given a strong breakout above the descending trendline resistance, accompanied by a massive volume spike. The breakout aligns well with the 61.8% Fibonacci retracement level (~₹100.94), increasing confidence in the breakout's validity. 🔑 Key Technical Levels: 🔵 Resistance / Upside Targets: ₹117.88 (Fib 78.6%) ₹120.00 ₹123.68 ₹125.00 ₹127.90 ₹132.25 (100% Fib retracement) 🔴 Support Zones: ₹101.13 (recent breakout level / Fib 61.8%) ₹94.66 (previous resistance zone – now support) ₹91.27 (Fib 50%) ₹69.07 (23.6% Fib + structure support) 📊 Volume & Indicators: 📈 Breakout Volume Surge – Volume confirmation indicates institutional interest and breakout strength. 🧮 Fibonacci Retracement – Plotted from swing low (₹50.30) to swing high (₹132.25), gives clear confluence zones. 🔺 Trendline Breakout – Downward sloping trendline broken cleanly, confirming bullish intent. ☕ Cup Formation – Classic rounding bottom visible, suggesting accumulation phase is complete. 🧠 Bias: Bullish 📉 Watch for a retest around ₹100–₹101 zone as a potential re-entry point with SL below ₹94.66 for positional swing. ⚠️ Disclaimer: This is an educational analysis and not financial advice. Always do your own research before making investment decisions. 📈 Follow @PriceAction_Pulse for more price action setups, breakout alerts, and swing trade ideas! 💬 Comment below if you’re watching SARLAPOLY for the next leg up 📊
NSE:SARLAPOLYLong
by PriceAction_Pulse
8
TILL - Descending Trendline Breakout Watch📊 TIIL – Descending Trendline Breakout Watch | Key Fib Retest in Play 🕰️ Timeframe: 1D | 🧭 Pattern: Descending Triangle | 🎯 Fibonacci Reversal Setup 📈 Technical Analysis Summary: TIIL is currently approaching a major trendline resistance, drawn from its all-time high. After a long downtrend, the stock is now testing the 50% Fibonacci retracement level at ₹2,731.35 with rising momentum. The price is hovering near a breakout zone and consolidating just below resistance, hinting at potential bullish continuation. A successful breakout can open gates to much higher levels, especially toward the 38.2% Fib zone and beyond. 🔍 Chart Highlights: ⚪ Descending Trendline: Key multi-month resistance line 🟢 Current Price Action: Holding above 61.8% Fib (₹2,448.40) and pushing toward 50% zone (₹2,731.35) 🔵 Base Support: ₹2,112.25 (previous structure low) 📈 Volume: Gradual build-up near resistance zone 🔴 RSI (14): Currently at 59.70 – neutral-to-bullish, showing higher lows 📍 Bullish RSI Icons: Highlighted near recent bottoms, indicating accumulation zones 📌 Support & Resistance Levels: Type Level (₹) 🔼 Resistance 1 2,731.35 (Fib 50%) 🔼 Resistance 2 3,014.30 (Fib 38.2%) 🔻 Support 1 2,448.40 (Fib 61.8%) 🔻 Support 2 2,112.25 (Major horizontal support) 🧭 Trading Setup Overview: ✅ Bias: Bullish if price breaks and closes above trendline and ₹2,731 💡 Entry Watch: Break and hold above ₹2,731.35 with volume 🛑 Invalidation: Close below ₹2,448.40 (61.8% Fib) 🎯 Upside Targets: ₹3,014 → ₹3,500+ (based on structure) 💬 Conclusion: TIIL is at a critical juncture with a high-probability trendline breakout setup in play. The Fibonacci confluence, improving RSI, and rising volume indicate a bullish bias. Watch for a strong breakout candle above ₹2,731 for potential positional opportunities. ⚠️ Disclaimer: This chart is shared for educational purposes. Kindly consult your financial advisor before making any trading decisions. 🔔 Follow @PriceAction_Pulse for more high-probability swing setups and technical chart breakdowns! 📌 Save & share if TIIL is on your breakout watchlist!
NSE:TIILLong
by PriceAction_Pulse