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BPCL (D): Forms Bullish MorningStar, Challenges Major ResistanceAfter reversing from a short-term downtrend, BPCL (Bharat Petroleum Corporation Ltd) has flashed a powerful bullish signal. However, this newfound momentum is now running directly into a major, long-term resistance trendline that has capped its progress, setting the stage for a critical battle. The Bullish Setup: A Morning Star at Support Today's price action (Monday, October 27, 2025) was highly constructive for the bulls: - Price & Volume Surge: The stock rallied +3.80% on a strong volume of 11.77 million shares . - Classic Reversal Pattern: This move completed a "Morning Star" candlestick pattern . This is a classic three-candle bullish reversal pattern that often signals the bottom of a downtrend and a new shift in momentum. Broad-Based Technical Strength This bullish pattern is strongly supported by a powerful alignment of indicators across all major timeframes (Monthly, Weekly, and Daily): - Short-Term EMAs: All three timeframes are in a bullish Positive Crossover (PCO) state. - RSI (Relative Strength Index): The RSI is also in a rising trend on all three timeframes. This multi-timeframe alignment indicates that the underlying momentum is broad, synchronized, and strengthening. The Immediate Hurdle: Long-Term Resistance Despite these bullish signals, the stock is now positioned less than 2% below a major long-term resistance trendline formed since its All-Time High. This line represents a significant historical barrier for the stock. Outlook and Key Levels to Watch The stock is at a clear "prove it" moment. The outcome of the battle at this resistance will likely determine the next major move. - Bullish Breakout Scenario: A decisive close above the long-term resistance on high volume would confirm the breakout and validate the Morning Star pattern. This would signal a continuation of the new uptrend, with a potential next target of ₹375 . - Bearish Rejection Scenario: If the stock fails to breach this resistance and momentum fades, it could be rejected. The first key support level would be the bottom of the Morning Star pattern, around ₹325 . In conclusion, the price action in the coming days is critical. All eyes should be on this key resistance level for either a confirmed breakout or a rejection.
NSE:BPCLLong
by Learn_with_Pth0mas
Short Term SPX to hit a target of ~6800 post current correctionSPX is in a small time correction phase. Is the correction ended ? May not be, for it to prove correction has ended, price should show break out above current short term range., What are possibilities ? a) Price does a break out of current range and flows blue line to ~6800 target b) Price carries out ABC (RED ABC as marked) and bottom out around ~6200, then rise in impulse to hit a target of ~6800. When ? The view is time agnostic, so it may take weeks to months time.
FOREXCOM:SPX500
by jsgadgil
Jayneco (W) - Breaks Out on Massive VolumeAfter an incredible 181%+ rally since April 2025, Jayaswal Neco Industries (JAYNECO) has been consolidating in a sideways trend for the past few weeks. This period of consolidation has now been decisively resolved to the upside. This Week's Powerful Breakout The past week's price action (ending Oct 24, 2025) was a significant win for the bulls: - Strong Price Surge: The stock rallied by +15.95% for the week. - Enormous Volume: This move was backed by a massive volume of 67.09 million shares , confirming strong buyer conviction. - Key Resistance Breach: The surge shattered the consolidation's upper resistance trendline, and most importantly, closed the week above it . Broad-Based Technical Strength The breakout is underpinned by strong momentum across multiple timeframes. On both the Monthly and Weekly charts: - The short-term Exponential Moving Averages (EMAs) are in a bullish Positive Crossover (PCO) state. - The Relative Strength Index (RSI) is in a rising trend. This alignment confirms that the primary momentum is strongly bullish and supports the case for a new leg up. Outlook and Key Levels to Watch With the resistance now cleared, the path of least resistance has shifted firmly upwards. - Bullish Target: If this strong momentum is sustained, the next logical area of resistance and potential price target is the ₹84 level. - Critical Support: The recently broken resistance, around the ₹75 level, now becomes the most critical new support zone. As you noted, the price action next week will be crucial. Traders should watch for follow-through buying or a potential retest of the ₹75 breakout level, which would now be expected to act as strong support.
NSE:JAYNECOINDLong
by Learn_with_Pth0mas
SBFC (W) - Coils in Triangle Pattern, Awaiting a Decisive BreakAfter a post-IPO sideways trend, SBFC has been consolidating within a Triangle Pattern since April 2025. The stock is currently in a state of building tension, with bullish underlying indicators running into a strong, proven resistance. The Bullish Undertone The technical indicators on higher timeframes are showing constructive strength, suggesting a bullish bias: - Strong Momentum: The short-term Exponential Moving Averages (EMAs) are in a bullish Positive Crossover (PCO) state on both the Monthly and Weekly charts. - Rising Strength: The Relative Strength Index (RSI) is also rising on both the Monthly and Weekly timeframes. - Volume: Trading volume has remained at an average level, indicating an absence of significant selling pressure during this consolidation. The Key Resistance Despite these bullish indicators, the stock remains trapped below the upper resistance trendline of the triangle. The strength of this resistance was confirmed last week , when the stock attempted to break out but failed to close above the trendline , resulting in a "fakeout." This week's action, a modest surge of +2.35% on 16.77 million in volume, is another attempt to push against this same barrier, but it has not yet succeeded. Outlook and Key Levels The stock is at a clear inflection point. A decisive move is required, as the price is being squeezed between rising momentum and a hard ceiling. - Bullish Scenario: A breakout will only be confirmed with a decisive close above the upper resistance trendline on high volume . If the stock can achieve this and sustain the momentum, the next potential target is the ₹115 level. - Bearish Scenario: If the stock is rejected from this resistance again and fails to sustain its upward momentum, it will likely fall back with a potential downside to the ₹110 level. The price action in the coming trading sessions is critical. All eyes should be on the upper trendline of the triangle for either a confirmed breakout or another rejection.
NSE:SBFC
by Learn_with_Pth0mas
Shipping Corp (W) - Breaks Out on Massive 21% Weekly SurgeAfter a significant downtrend from its July 2024 All-Time High, the Shipping Corporation of India (SCI) has signaled a powerful bullish trend reversal, culminating in a decisive, high-volume breakout this past week. The Bullish Reversal The downtrend that began last year found its bottom in March 2025. Since then, the stock has been in a constructive reversal phase, systematically forming a series of Higher Lows . This classic pattern indicated that selling pressure was being absorbed and buyers were becoming more aggressive, setting the stage for a potential breakout. This Week's Decisive Breakout This past week (ending Oct 24, 2025), the bullish setup was decisively confirmed: - Massive Price Surge: The stock exploded by +21.82% for the week. - Enormous Volume: This move was backed by a huge volume of 107.25 million shares . - Key Resistance Breach: The surge shattered a key horizontal resistance trendline , and importantly, the stock closed the week above this level , which is a strong sign of confirmation. This breakout is powerfully supported by the volume pattern: after drying up during the consolidation phase, it has now picked up significantly, validating the move. Underlying Technical Strength The breakout is underpinned by strong momentum indicators on the higher timeframes: - The short-term EMAs are in a bullish Positive Crossover (PCO) state on both the Monthly and Weekly charts. - The Relative Strength Index (RSI) is also rising on both the Monthly and Weekly charts. Outlook and Key Levels to Watch With the resistance now cleared, the path of least resistance has shifted firmly upwards. - Bullish Target: If this bullish momentum continues, the next logical area of resistance and potential price target is the ₹330 level. - Critical Support: The recently broken resistance level, around ₹243 , now becomes the most critical new support zone to watch. The key to watch for next week is follow-through buying or a successful retest of the ₹243 breakout level, which would further confirm the new uptrend.
NSE:SCILong
by Learn_with_Pth0mas
IDFC First (D) - High-Volume Breakout Confirms Bullish ReversalAfter a significant downtrend from its All-Time High in September 2023, IDFC First Bank has been in a clear trend reversal since April 2025. This new uptrend has just been powerfully confirmed by a high-volume breakout, signaling strong buyer commitment. This Week's Decisive Breakout The past week has been pivotal for the stock, culminating in a decisive technical event: - Massive Weekly Volume: The stock has surged +9.85% so far this week, supported by an enormous total volume of 207.92 million shares . - Today's Confirmation: Today's session (Thursday, October 23, 2025) saw a +2.85% gain on a massive 94.12 million shares, confirming the bullish conviction. - Key Resistance Breach: Most importantly, the stock broke out and closed above a key short-term horizontal resistance trendline that had been in place since July 2025. Broad-Based Technical Strength This bullish price action is strongly underpinned by a powerful alignment of momentum indicators across all major timeframes (Monthly, Weekly, and Daily): - Short-Term EMAs: All three timeframes are in a bullish Positive Crossover (PCO) state. - RSI (Relative Strength Index): The RSI is also in a rising trend on all three timeframes. This multi-timeframe alignment indicates that the bullish momentum is broad, synchronized, and strengthening. Outlook and Key Levels to Watch With the resistance now cleared, the path of least resistance has shifted upwards. - Bullish Target: If this bullish momentum continues, the next logical area of resistance and potential target is the ₹90 level. - Critical Support: The recently broken resistance now becomes the most critical new support level. A successful retest of this level would be a strong sign, while a failure to hold it would be a warning. A deeper support level exists at ₹70 , but the immediate focus should be on the new breakout zone.
NSE:IDFCFIRSTBLong
by Learn_with_Pth0mas
Bank of India (D) - Breakaway Gap Signals New MomentumAfter a severe, decade-long downtrend from its All-Time High in September 2010, Bank of India has been in a slow and steady reversal phase since June 2020. This bottoming process has become more evident since June 2022, with the stock consistently carving out a bullish structure of Higher Lows , indicating a gradual shift in control from sellers to buyers. Today's Decisive Breakaway Gap Today's session (Thursday, October 23, 2025) provided a powerful confirmation of this new strength. The stock surged +4.05% on huge volume of 22.05 million shares. Crucially, this move was a breakaway gap , with the stock opening above a key short-term horizontal resistance trendline and closing strong. Gapping and closing above a significant resistance level on high volume is a very strong bullish signal, indicating aggressive buyer commitment. Broad-Based Technical Strength This bullish price action is strongly supported by a clear alignment of momentum indicators across all major timeframes (Monthly, Weekly, and Daily): - Short-Term EMAs: All three timeframes are in a bullish Positive Crossover (PCO) state. - RSI (Relative Strength Index): The RSI is also in a rising trend on all three timeframes. This multi-timeframe alignment confirms that the underlying momentum is broad, synchronized, and strengthening. Outlook and Key Levels to Watch With the short-term resistance now cleared, the stock has two key levels to monitor: - The Next Hurdle (Resistance): The stock is still "well below" its primary long-term horizontal resistance line. This is the next major obstacle to clear. - Bullish Target: A successful, high-volume breakout above that long-term resistance would confirm a major, multi-year trend reversal and open the path towards the ₹150 level. - Critical Support: The recently broken short-term resistance, around ₹130 , is now the most critical support level to watch. As long as the stock holds above this "line in the sand," the immediate bullish momentum remains intact. In conclusion, today's gap-up is a significant development, but the stock must now prove it can overcome the far more significant long-term resistance to complete its multi-year reversal.
NSE:BANKINDIALong
by Learn_with_Pth0mas
JK Tyre (D) - Bullish Reversal Coils for Breakout AttemptAfter a significant downtrend from its All-Time High in February 2024, JK Tyre has successfully reversed its trend. Since March 2025, the stock has been establishing a constructive pattern of Higher Lows , indicating a clear and systematic shift from selling pressure to accumulation. Current Standoff: Coiled Below Resistance The stock is currently trading just below a significant overhead resistance level. This horizontal barrier is the primary hurdle that needs to be cleared to confirm the next leg of the uptrend. Notably, the trading volume has been moderate , which is not a negative sign in this context. It is often characteristic of a "coiled spring" or an accumulation phase just before a decisive breakout, as selling pressure diminishes. Powerful Underlying Strength The bullish case is strongly supported by a powerful alignment of momentum indicators across all major timeframes (Monthly, Weekly, and Daily): - Short-Term EMAs: All three timeframes are in a bullish Positive Crossover (PCO) state. - RSI (Relative Strength Index): The RSI is also in a rising trend on all three timeframes. This multi-timeframe alignment indicates that the bullish momentum is broad, synchronized, and strengthening, suggesting that an attempt to break the overhead resistance is likely. Outlook and Key Levels to Watch The stock is at a clear inflection point. The resolution of the battle at this resistance level will likely determine the next major move. - Bullish Scenario: A decisive close above the resistance on high volume would confirm the breakout. This would signal a continuation of the new uptrend, with a potential next target of ₹485 . - Bearish Scenario: If the stock fails to breach the resistance and momentum fades, it could be rejected and pull back to test levels around ₹370 .
NSE:JKTYRELong
by Learn_with_Pth0mas
#xuausd Make or Break - Gold Analysis🥇 GOLD (XAU/USD) - Technical Analysis & Outlook Timeframe: 4H & Daily Charts Current Price: 2,718.99 Market Structure Analysis Gold is currently in a **strong uptrend** and will maintain its bullish bias until it forms a clear lower low. The recent consolidation near all-time highs suggests a potential for either continuation or a sideways movement phase. Key Price Levels Support Zones - Immediate Support: 4,218.99 - 4,240.00 - Major Support: 4,185.91 (0 Fibonacci - Recent Low) - Critical Support: 4,160.00 - 4,180.00 zone Resistance Zones - Immediate Resistance: 4,253.97 (Current High) - Next Resistance: 4,280.00 - 4,300.00 - Target Extension: 4,320.00 - 4,360.00 - Major Target: 4,380.99 (Fibonacci Extension) Technical Scenarios - Continuation of the current uptrend expected - Any pullback to support zones presents buying opportunities - Target: 4,280 - 4,360 zone - Extended Target: 4,380+ levels Consolidation Scenario (Secondary) Condition: Sideways movement similar to the 3,400 consolidation phase - Gold may enter a ranging phase at current elevated levels - Watch for sideways movement between 4,200 - 4,280 - Accumulation pattern before next leg up - Patience required during this phase 🔴 Bearish Scenario (Alternative) Condition: Only if price breaks and closes below 4,185 - Bearish only on confirmed break of structure - Potential retracement to $4,160 or lower - Wait for clear reversal signals before shorting RSI Analysis (Daily Chart) - RSI Position: Near trendline support (around 62) - Signal: RSI holding above trendline support indicates continued bullish momentum - Watch For: RSI breakdown below trendline would signal weakening momentum - Strength: RSI still in bullish territory, no divergence observed Key Observations 1. **Strong Uptrend Intact:** No lower lows formed yet, trend remains bullish 2. **Fibonacci Levels:** Price respecting key Fibonacci retracement zones 3. **Consolidation Pattern:** Similar behavior to previous $3,400 consolidation 4. **Volume Profile:** Accumulation visible near support zones 5. **Daily RSI:** Holding trendline support, maintaining bullish structure Critical Points to Monitor 🔸 22/10/2025 Close: Will provide clearer direction 🔸 Support Level: 4,218 - Must hold for bullish continuation 🔸 RSI Trendline: Break would signal momentum shift 🔸 Volume: Watch for increasing volume on moves 🔸 Global Events: Fed policy, geopolitical tensions, USD strength 🎓 #Trading Wisdom "The #trend is your friend until it bends. #Gold will remain #bullish until it makes a #lowerlow. Stay patient, follow the structure, and let the market show its hand."* Risk Disclaimer This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk appropriately, use stop losses, and never risk more than you can afford to lose. Past performance does not guarantee future results. Like and Follow for Daily Gold Analysis! #Gold #XAUUSD #GoldTrading #TechnicalAnalysis #ForexTrading #PreciousMetals #TradingView #MarketAnalysis
OANDA:XAUUSD
by earnwhileulearn
2
eClerx (D) - Gathers Momentum for All-Time High BreakoutAfter a lengthy consolidation phase, eClerx Services is showing strong signs of renewed bullish momentum, positioning itself for a potential breakout to new all-time highs. The Context: A Healthy Consolidation Since reaching its All-Time High (ATH) in April 2025 , the stock has been trading within a well-defined sideways range, consistently respecting the upper resistance and lower support trendlines. A key bullish characteristic of this consolidation phase has been the noticeable drying up of trading volume , which typically suggests that selling pressure is exhausted and the stock is gathering energy for its next move. Today's Bullish Action Today's session (Monday, October 20, 2025) saw a significant surge in buying interest: - The stock rallied by +6.01%. - This move has brought the price to within 5% of the critical horizontal resistance level formed by the ATH. This action suggests that buyers are becoming more aggressive and are preparing to challenge the upper boundary of the consolidation range. Underlying Technical Strength The potential for a breakout is strongly supported by key momentum indicators across all major timeframes (Monthly, Weekly, and Daily): - The Relative Strength Index (RSI) is in a rising state. - The short-term Exponential Moving Averages (EMAs) are in a bullish positive crossover state. These signals indicate a broad and strengthening underlying trend that could fuel a successful breakout. Outlook and Key Levels to Watch The immediate path for the stock hinges on its ability to overcome the ATH resistance. - Bullish Scenario: If the current momentum continues and the stock achieves a decisive, high-volume close above the horizontal resistance , it would confirm a breakout. This would signal a continuation of the primary uptrend, with a potential next target of ₹5,150 . - Bearish Scenario: If the stock fails to break out and momentum fades, it will likely be rejected from the resistance and could fall back to test the lower support of the consolidation range, around the ₹3,900 level.
NSE:ECLERXLong
by Learn_with_Pth0mas
Whirlpool (W) - A Bullish Reversal Faces Its First Major testAfter a significant downtrend, Whirlpool of India is now exhibiting strong signs of a bullish reversal, highlighted by a classic candlestick pattern and a powerful weekly surge. However, it has now arrived at a formidable resistance level that will determine if this new momentum can be sustained. The Bullish Reversal Signals The foundation for this potential turnaround has been building systematically: - Higher Lows: The stock has begun forming a pattern of Higher Lows , indicating that selling pressure is abating and buyers are stepping in at progressively higher prices. - Morning Star Pattern: Crucially, a Morning Star candlestick pattern recently formed at a key support trendline. This is a classic and reliable three-candle bullish reversal signal. Last Week's Explosive Confirmation The bullish reversal signal was powerfully confirmed by last week's price action: - The stock surged by an impressive +18.38% for the week. - This move was supported by a high volume of 14.62 million shares . - This single week's advance erased the losses of the previous five weeks , signaling a dramatic and decisive shift in market sentiment. This renewed strength is supported by a rising Relative Strength Index (RSI) on both the Monthly and Weekly timeframes. The Key Hurdle Ahead The primary obstacle for the bulls is a strong horizontal resistance trendline that has been in place since May 2025. This level has successfully rejected several previous rally attempts, making it a proven barrier. Outlook and Key Levels to Watch The price action in the coming week will be critical, as it will reveal the outcome of the battle between the new bullish momentum and the established resistance. - Bullish Scenario: A decisive breakout above the horizontal resistance on high volume would confirm the reversal and clear the path for a potential move towards the ₹1,700 level. - Bearish Scenario: If the stock fails to breach this resistance and momentum fades, it could be rejected and pull back to test its primary support at ₹1,146. In conclusion, while all signs point to a powerful bullish reversal, confirmation now requires a successful break of the key overhead resistance.
NSE:WHIRLPOOLLong
by Learn_with_Pth0mas
Hidden Signal Professional Traders Use to Spot ReversalsRSI divergence is a technical analysis tool used to identify potential reversals or weakening momentum in price trends. Here's how it works: RSI (Relative Strength Index) Divergence occurs when the price of an asset moves in one direction while the RSI indicator moves in the opposite direction. This disconnect between Price action and Momentum is what traders find significant. Bullish / Bearish Divergence - This Divergence occurs at the end of a trend, be it Bullish or Bearish Trend. RSI Hidden Divergence is a more subtle and advanced form of divergence that occurs within trending markets. It's different from regular divergence because it suggests the trend will continue rather than reverse. Why It's Called "Hidden" ? Regular divergence is more "obvious" because Price and RSI move in completely opposite directions . Hidden divergence is subtler— It appears within the flow of an existing trend and is easy to miss, hence the name. Reasons to Prefer Hidden Divergence Rather then Classic Divergence !!! When we follow Classic Divergence, the possible results are.... False Signals The biggest issue is that divergences frequently fail to produce reversals. A price may form a lower low while RSI forms a higher low, suggesting a reversal is coming, but the price continues in the original direction anyway. This can lead traders into losing trades if they act on divergence signals prematurely. Lagging Nature RSI divergence is a lagging indicator—by the time you spot it clearly, a significant portion of the move may already be complete. You're often trading what's already happened rather than predicting what's about to happen. The reversal might be weeks away, making it difficult for short-term traders. Subjectivity in Identification Identifying divergence requires drawing trend lines and choosing which highs and lows to compare. Different traders might draw these lines differently, leading to inconsistent identification of the same divergence. This subjectivity makes it harder to create reliable, mechanical trading rules.
NSE:LAURUSLABSEducation
by earnwhileulearn
M&M Fin (W) - Renewed Strength within a Multi-Year ConsolidationAfter more than two years of trading in a sideways range, M&M Financial Services is showing strong signs of renewed buyer interest, suggesting a potential move towards the top of its long-term consolidation channel. The Big Picture: A Prolonged Consolidation Since reaching its All-Time High (ATH) in July 2023, the stock has been locked in a wide consolidation or sideways trend. A classic and often bullish sign during this phase has been the gradual drying up of trading volume , which typically indicates that selling pressure is diminishing. Recent Bullish Action The past week marked a significant shift in activity, signaling that bulls are becoming active again: - The stock surged by +6.38% for the week. - This move was supported by a strong volume of 15.49 million shares , indicating conviction behind the buying. This renewed interest is supported by the underlying strength seen in higher timeframe indicators. Both the short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) are in a bullish state on the *Monthly and Weekly charts. Outlook and Key Levels While the ultimate goal for bulls is a breakout above the distant ATH, the immediate battleground is the established trading range. - Upside Target: The primary target in the near term is the upper limit of the consolidation range, around the ₹333 level. A breakout above this would be the next major bullish signal. - Key Support: If this recent momentum fades, the stock is likely to find strong support at the lower boundary of its range, near the ₹250 level. In conclusion, last week's strong performance suggests M&M Financial is preparing to challenge the top of its long-term range. The key now is to watch if this momentum can be sustained for a move towards the ₹333 resistance.
NSE:M&MFINLong
by Learn_with_Pth0mas
Bharti Airtel (W) - Parabolic Rally Pauses, Coils for New HighsAfter a historic, multi-year parabolic run, Bharti Airtel has entered a healthy consolidation phase right at its all-time high. The stock now appears to be gathering energy for its next potential move, with the upcoming week being critical for confirmation. The Big Picture: A 716% Parabolic Uptrend Since November 2018, Bharti Airtel has been in a massive parabolic uptrend, rewarding long-term investors with an incredible gain of 716% . Following such a powerful advance, a period of sideways consolidation is a normal and often bullish development as the market absorbs the gains. The Current Setup: Consolidation at the Peak The stock has recently been consolidating in a sideways range, during which trading volume has been noticeably drying up—a classic sign of accumulation before a potential breakout. The past week saw a re-emergence of buying interest, with the stock surging +3.72% on a solid volume of 22.02 million shares . This move has pushed the price directly against the short-term resistance created by its recent All-Time High (ATH). Underlying Technical Strength The primary trend remains firmly bullish. This is confirmed by key momentum indicators on the higher timeframes: - The short-term Exponential Moving Averages (EMAs) are in a positive crossover state on both the Monthly and Weekly charts. - The Relative Strength Index (RSI) is also in a rising trend on the Monthly and Weekly charts. Outlook and Key Triggers to Watch The price action in the coming week is crucial and will be dictated by its interaction with the ATH resistance. - Bullish Scenario: The ideal scenario would be a decisive breakout above the ATH resistance on high volume . The strongest confirmation would be a subsequent retest of this breakout level, where it acts as new support, followed by a bounce. This would validate the continuation of the uptrend, with a potential next target of ₹2,240 . - Bearish Scenario: If the stock fails to sustain momentum and is rejected from the ATH resistance, it could pull back to test the lower boundary of its consolidation range, with the primary support level at ₹1,835 . In conclusion, the focus is squarely on the all-time high. A confirmed breakout would signal that the bulls are ready to resume this stock's powerful long-term journey upwards.
NSE:BHARTIARTLLong
by Learn_with_Pth0mas
Huhtamaki (D) - Explosive 12% "Gap-and-Go" BreakoutAfter a steep downtrend from its all-time high, Huhtamaki India has signaled a powerful bullish reversal, executing a massive "Gap-and-Go" breakout from a classic accumulation pattern today. The Setup: An Ascending Triangle Following its downtrend, the stock began a bottoming process by forming an Ascending Triangle . This bullish pattern is characterized by a series of Higher Lows pushing up against a flat horizontal resistance, indicating that buying pressure was systematically building under a well-defined supply level. Today's Decisive Breakout Today's session (Thursday, October 16, 2025) was a textbook example of a powerful breakout, leaving little doubt about the buyers' intent: - Gap-Up Breakout: The stock opened with a significant gap up, clearing the horizontal resistance level right from the start. - Massive Price Surge: It continued to rally throughout the day, closing with a gain of +12.58% . - Enormous Volume: The move was validated by a huge volume of 19.27 million shares , confirming strong institutional participation. A Nuanced Look at the Indicators The technical indicators confirm a shift in trend, though they also suggest the new long-term trend is still in its early stages: - Positive Signs: The Relative Strength Index (RSI) is now rising across the Monthly, Weekly, and Daily timeframes, showing a broad-based build-up in momentum. The short-term EMAs on the Daily chart have also flipped to a bullish state. - Confirmation Pending: Importantly, the short-term EMAs on the longer-term Weekly and Monthly charts have not yet registered a bullish crossover . This indicates that while the short-term trend has reversed, the long-term trend is just beginning to turn. Outlook and Key Levels The stock has now cleared a major hurdle, shifting the balance of power to the bulls. - Bullish Target: If this powerful bullish momentum continues, the next logical area of resistance and potential target is the ₹310 level. - Critical Support Zone: The old resistance level, around ₹238 , now becomes the most critical new support. It would be a healthy sign for the stock to re-test this breakout zone and find support there. A failure to hold above this level would be a cause for concern. In conclusion, today's explosive breakout is a major bullish development. The key now is to watch if the price can hold above the crucial ₹238 support level to confirm that a sustainable new uptrend has begun.
NSE:HUHTAMAKILong
by Learn_with_Pth0mas
Nestle India (D) - Breaks Out of Consolidation with ForceAfter a period of sideways consolidation following its September 2024 All-Time High, Nestle India has delivered a decisive breakout, signaling a potential resumption of its primary uptrend. The Context: A Sideways Pause Following a brief downtrend from its peak, the stock entered a sideways trading range. A key horizontal resistance level consistently capped any upward movement, keeping the stock in a state of consolidation. Today's Decisive Breakout Today's session (Thursday, October 16, 2025) decisively ended this sideways action in favor of the bulls: - Strong Price Surge: The stock rallied by +4.52% . - Confirmed Breakout: Crucially, the stock broke out and closed above the key resistance level , a strong positive signal. - High Volume: The move was supported by a robust volume of 6.92 million shares , adding significant conviction to the breakout. Broad-Based Technical Strength This bullish price action is strongly supported by key momentum indicators across all major timeframes (Monthly, Weekly, and Daily). The short-term Exponential Moving Averages (EMAs) are in a positive crossover state, and the Relative Strength Index (RSI) is rising, indicating broad and strengthening momentum. Outlook and Key Levels to Watch With the breakout confirmed, the path of least resistance has shifted firmly upwards. - Bullish Target: If the bullish momentum continues, the next logical area of resistance and potential price target is the ₹1,340 level. - Critical Support & Confirmation: The former resistance level, around ₹1,241 , now becomes the most critical new support. Watching for the stock to successfully re-test this level and bounce with momentum would provide the strongest confirmation that this breakout is sustainable. In conclusion, today's high-volume breakout is a powerful bullish event. The key now is for the price to remain above the ₹1,241 support level to validate the start of a new, sustained uptrend.
NSE:NESTLEINDLong
by Learn_with_Pth0mas
SHAREIND (D) - Explodes 31%, Now Challenges Major ResistanceShare India Securities has shown an incredible burst of strength over the past two sessions, signaling a potential trend reversal. However, this explosive rally has now run directly into a major historical resistance level, setting up a critical test for the bulls. The Context: A Powerful Reversal Attempt After a prolonged downtrend from its All-Time High in February 2024, the stock recently began showing signs of life by forming a series of Higher Lows . This subtle shift culminated in an explosive rally over the past two sessions: - The stock has surged by a massive 31% in just two days. - Today's session (Thursday, October 16, 2025) saw a gap-up opening and a +19.96% gain on huge volume of 10.5 million shares. This powerful move has brought the price right up against a key horizontal resistance trendline — a level that has successfully rejected several rally attempts in the past, making it a significant hurdle. A Nuanced Look at the Indicators The technical indicators paint a picture of a new, but not yet fully confirmed, uptrend: - Positives: The Relative Strength Index (RSI) is now rising across the Monthly, Weekly, and Daily timeframes, indicating a broad-based improvement in momentum. The short-term EMAs have also turned bullish on the Daily chart. - Points of Caution: The short-term EMAs on the longer-term Weekly and Monthly charts have not yet registered a bullish crossover . This suggests that while the short-term trend has reversed, the long-term trend has not yet fully confirmed the move. Outlook and Key Triggers to Watch The immediate future of the stock depends entirely on the outcome of the battle at this key resistance. - Bullish Breakout Scenario: A decisive close above the horizontal resistance on high volume would be a major victory for the bulls. It would confirm the trend reversal and could propel the stock towards the ₹220 level. - Potential Rejection Scenario: If the stock is unable to breach this strong resistance, the rally may stall, leading to a pullback. In this case, the stock could retrace to the recent support level around ₹125 . In conclusion, Share India is at a "prove it" moment. While the recent surge is incredibly powerful, it must now overcome a historically significant resistance level to prove that this is the start of a sustainable new uptrend and not just a sharp bear-market rally.
NSE:SHAREINDIALong
by Learn_with_Pth0mas
ICICIGI (D) - Powerful Dual-Resistance Breakout Signals UptrendICICI Lombard General Insurance has delivered a powerful bullish signal today, breaking out of a year-long consolidation phase by shattering two distinct resistance levels on massive volume. This decisive action suggests the sideways trend has ended and a new uptrend is likely beginning. The Context: Consolidation After a New High After registering its All-Time High (ATH) in September 2024, the stock entered a prolonged sideways consolidation. During this period, its price was capped by a confluence of two major resistance levels : a flat horizontal trendline and a descending angular trendline. Today's Decisive Breakout Today's session (Wednesday, October 15, 2025) decisively resolved this consolidation in favor of the bulls: - Strong Price Surge: The stock rallied by an impressive +8.92% . - Dual Resistance Breach: In a significant show of strength, the price broke out and closed above both the horizontal and the angular resistance lines. - Massive Volume: The breakout was supported by huge trading volume , adding strong conviction to the move and indicating significant institutional interest. This bullish move is further supported by the fact that volume has been gradually increasing over the last few days, suggesting accumulation was already underway. Underlying Technical Strength The bullish outlook is confirmed by key momentum indicators across all major timeframes (Monthly, Weekly, and Daily). The short-term Exponential Moving Averages (EMAs) are in a positive crossover state, and the Relative Strength Index (RSI) is rising, indicating broad-based strength. Outlook and Key Levels With the consolidation phase now broken, the path of least resistance has shifted upwards. - Bullish Target: If this strong bullish trend continues, the next logical area of resistance and potential target is the ₹2,200 level. - Key Support Level: The previous resistance zone, around ₹1,860 , is now expected to act as the new primary support. A failure to hold above this level on a pullback would be a cause for concern. In conclusion, today's high-volume, dual-resistance breakout is a powerful technical event. The key now is to watch for follow-through buying or a successful retest of the ₹2,003 breakout zone to confirm the start of a sustained new uptrend.
NSE:ICICIGILong
by Learn_with_Pth0mas
Dixon Technologies: RSI Positive Reversal — Subtle but Strong!While most traders look for RSI divergences to catch tops and bottoms, RSI reversals often go unnoticed — yet they mark trend continuation points with precision. In Dixon’s case, positive RSI reversals have repeatedly emerged at higher lows — each time leading to a renewed rally. The indicator is quietly hinting that the broader uptrend remains intact unless these structural lows break. RSI Note: Positive reversals = trend continuation. Divergences = trend reversal signals. Strategy: Bias stays bullish as long as the recent higher-low structure holds. 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.
NSE:DIXONLong
by WaveXplorer
Indian Hotels: Post-Triangle Rally Taking ShapeChart Insight Price action has been coiling within a clean contracting triangle, with the recent rebound from ₹708.10 likely marking the E-wave low . The broader structure fits neatly as a possible Wave (4) consolidation within the larger uptrend. Momentum View RSI has turned higher from the oversold region, mirroring price stability near the triangle base — an early hint that momentum is rebuilding. Trade View As long as ₹708.10 holds, a bullish bounce toward ₹811.95 and possibly ₹894.9 remains favored. A break below ₹708.10, however, would invalidate this setup and point to a deeper correction. Bias: Bullish — possible Wave (5) breakout from triangle consolidation Risk Level: Moderate (tight invalidation) 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.
NSE:INDHOTELLong
by WaveXplorer
RattanIndia Power: Short-Term Bounce Within Larger CorrectionAfter an extended five-wave decline from the ₹16.92 peak, RattanIndia Power appears to have completed a smaller-degree Wave (a) near the support cluster around ₹11. The substructure shows a clean 1-2-3-4-5 sequence, with Wave 4 forming a contracting triangle and Wave 5 bottoming right into the green support zone. Momentum Check RSI has registered a clear bullish divergence, suggesting that downside momentum is fading and a short-term recovery in Wave (b) could unfold soon. Initial resistance sits near the ₹13.50–₹14.50 band — the previous supply and resistance cluster. Bigger Picture Despite this potential bounce, the higher-degree outlook remains corrective and bearish, with a subsequent Wave (c) decline likely to test or undercut the ₹9–₹9.50 region before the larger corrective pattern (A-B-C) completes. In short: a short-term bounce may be in play, but the broader down-cycle is not yet over. 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.
NSE:RTNPOWER
by WaveXplorer
Manaksla (D) - Surges 11%, Challenges All-Time High ResistanceManaksla Coated Metals & Ind is showing significant strength, with a powerful surge today pushing it directly against its all-time high resistance. While the underlying trend is bullish, a confirmed breakout is still needed to signal the next leg up. The Context: Uptrend and Consolidation The stock has been in a healthy uptrend, which recently culminated in the formation of a new All-Time High (ATH). Following this peak, the stock entered a sideways consolidation phase over the past few weeks, a common and often constructive pattern as it absorbs previous gains before its next potential move. Today's Powerful Move Today's session (Monday, October 13, 2025) saw a significant increase in buying pressure: - Strong Price Gain: The stock surged by +11.05% . - High Volume: This move was supported by a robust volume of 25.95 million shares . Crucially, despite this strong surge, the stock closed the day still within its consolidation range , right at the doorstep of the ATH resistance. This sets up a critical test for the days ahead. This bullish intent is backed by strong technical indicators. The short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) are both in a bullish state across the Monthly, Weekly, and Daily timeframes. Outlook and Key Levels to Watch The immediate future of the stock hinges on its ability to overcome the ATH resistance. - Bullish Breakout Trigger: A decisive close above the All-Time High on strong volume would confirm a breakout. This would signal a continuation of the primary uptrend, with a potential next target of ₹210 . - Potential Pullback Scenario: If the stock is rejected from this resistance and fails to break out, it may pull back towards the lower end of its consolidation range. The key support level to watch is ₹128 , which, as you noted, could present a favorable buying opportunity for those looking to enter on a dip. In conclusion, Manaksla is at a critical juncture. The battle at the all-time high resistance is the key event to monitor. A breakout would affirm the bulls are in control, while a rejection would suggest a longer period of consolidation.
NSE:MANAKCOATLong
by Learn_with_Pth0mas
Ixigo (W) - At a Crossroad: Bullish Trend vs. Bearish PatternAfter a spectacular run-up, Ixigo (Le Travenues Technology Ltd) has entered a sideways consolidation phase. The current price action presents conflicting technical signals, placing the stock at a critical inflection point where it could either be pausing before another surge or forming a major top. The Powerful Backdrop Since April 2025, Ixigo has been in a powerful bull market, delivering an extraordinary gain of approximately 166% in just a few months. Following this rapid ascent, the stock's strong momentum has paused since August 2025, with the price now trading within a well-defined horizontal range. The Current Dilemma: Two Competing Scenarios The technical picture offers two distinct and competing interpretations: 1. The Bullish Case (A Healthy Consolidation): This perspective views the current phase as a normal and healthy pause, where the stock is building energy for its next advance. This argument is supported by: - Strong Underlying Momentum: Key indicators like the short-term Exponential Moving Averages (EMAs) remain in a bullish positive crossover state, and the Relative Strength Index (RSI) is still rising, suggesting the primary uptrend remains intact. 2. The Bearish Warning (A Potential Reversal): Conversely, there are clear warning signs that the rally could be losing steam: - Potential Double-Top: A Double-Top pattern , a classic bearish reversal signal, appears to be forming at the upper boundary of the trading range. - Elevated Volume: Typically in a bullish consolidation, volume tends to decrease. However, volume has remained relatively high during this phase, which at a potential peak, can be a sign of distribution (selling) rather than accumulation. Conclusion and Key Triggers to Watch Ixigo is currently in a state of equilibrium, and a breakout from the current range is required for confirmation of the next directional move. - Bullish Trigger: A decisive close above the range's resistance would invalidate the Double-Top pattern and signal a continuation of the uptrend. This would open a path towards the ₹380 level. - Bearish Trigger: A decisive close below the range's support would confirm the Double-Top pattern, suggesting the bullish momentum has faded and a correction towards the ₹275 level could be imminent. Until either of these levels is breached, patience is warranted. The direction of the break from this consolidation will be the key to identifying the stock's next major trend.
NSE:IXIGO
by Learn_with_Pth0mas
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