Triveni Turbine - Chart of the Week NSE:TRITURBINE has a beautiful structure on the Weekly Timeframe to Qualify for my Chart of the Week idea, it saw Decent Volumes around the marked Key Levels which is 0.786% Fib Retracement Levels and also a Rising trendline which has been defending since June 2022 Several Times.
About:
NSE:TRITURBINE primarily manufactures and supplies power-generating equipment and solutions. It was a division of NSE:TRIVENI since the 1970s and was demerged w.e.f from Oct 2010 into a separate entity.
Trade Setup:
Could be a good Positional Trade with the Rising Trendline Being a Major Support along with FIb Levels.
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Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Community ideas
Nile Ltd (Smallcap)Nile Ltd is a manufacturer of Pure Lead for battery consumption,Incorporated in 1984. Company is an ISO 9001:2015 certified secondary manufacturer of Pure Lead and Lead Alloys which are supplied to the manufacturers of Lead Acid batteries, PVC stabilizers and Lead-Oxide. Apart from this, company also deals in Power Generation through wind farms.
I will wait for a retest of the breakout zone . So the price reached a support zone after a massive fall. Now from here I will wait for a fresh long entry and a bounce.
Right now Indian Market is not supporting any long position at this moment, but the chart looks very attractive. however I am sharing with you all.I hope you will like & share this publication. Thanks for watching, follow us for more updates visiting again.
(AVANTIFEED)Avanti Feeds Ltd. (AVANTIFEED)
Weekly report 🍁
Ascending triangle breakout
Volume ✔️
Here are some key fundamentals:
- *Market Capitalization*: ₹10,884 Cr
- *P/E Ratio*: 22.62 ¹
- *P/B Ratio*: 4.10
- *Dividend Yield*: 0.85%
- *EPS (TTM)*: ₹35.31
- *52 Week High*: ₹822
- *52 Week Low*: ₹472
How to Identify a True Breakout vs. a False Breakout?
Hello Traders! Identifying breakouts correctly is one of the most crucial skills in trading. A true breakout can lead to strong trending moves, while a false breakout can trap traders and trigger stop-losses. Let’s explore how to differentiate between the two and avoid unnecessary losses!
1. True Breakout: Signs to Look For
High Volume Confirmation – A real breakout is accompanied by a significant increase in trading volume, confirming strong buying or selling pressure.
Clear Support & Resistance Levels – The price must break above a key resistance (bullish) or drop below a strong support (bearish) with conviction.
Retest of the Breakout Level – Many true breakouts retest the breakout level before continuing the trend. This pullback provides a great entry opportunity.
Strong Candlestick Formation – A bullish breakout should have a solid green candle closing above resistance, while a bearish breakout should have a strong red candle closing below support.
Trend Confirmation – If the breakout aligns with the overall market trend, it has a higher probability of succeeding.
2. False Breakout: Warning Signs to Avoid
Low Volume Breakout – If the price moves beyond resistance/support without a surge in volume, it’s likely a false breakout.
Quick Reversal After Breakout – If the price immediately returns inside the range, it indicates weak momentum and a possible trap.
Fakeout Candlestick Patterns – Watch for wicks and long shadows at breakout levels, as they suggest a rejection instead of a real move.
No Follow-Through – A breakout should be followed by sustained price movement in the breakout direction. If the price stalls, it could be a fake move.
Breakout Against the Trend – A breakout that goes against the prevailing market trend is more likely to fail.
3. Pro Tips to Trade Breakouts Successfully
Wait for the Retest – Many traders enter after confirmation from a successful retest of the breakout level.
Use Volume Indicators – Tools like OBV (On-Balance Volume) and Volume Profile help confirm if the breakout is valid.
Set Stop-Loss Wisely – Place stop-losses below the breakout level for long trades and above the level for short trades to avoid whipsaws.
Look for Confluence – If the breakout aligns with moving averages, RSI, or Fibonacci levels, it has a higher probability of success.
Conclusion
A true breakout offers great trading opportunities, but recognizing false breakouts is equally important to avoid traps. Always wait for confirmation, use volume analysis, and stick to your risk management plan.
Have you ever fallen for a false breakout? Share your experiences in the comments below! 🔥👇
Gravita India LtdEstablished in 1992, Gravita India Ltd is one of the largest lead producer in India. The company's business is organized across four specialized verticals: Lead Recycling (flagship), Aluminum recycling, Plastic recycling and Turnkey projects.
The company also has expertise in the recycling of used batteries, cable scrap/other Lead scrap, Aluminum scrap, Plastic scrap, etc.
Product :- Co’s product is classified into 5 verticals: Lead recycling, Aluminium recycling, Plastic recycling, Rubber recycling, and Turnkey Solutions. Some of its products are Pure Lead, Specific Lead Alloy, Lead sheets, Lead powder, Pet flakes, etc.
Potential support on lower sides are marked and place to look for in coming days.I will wait for a retest of the breakout zone . So the price reached a support zone after a massive fall. Now from here I will wait for a fresh long entry and a bounce
Pondy Oxides and Chemicals Ltd (Recycling Industry)Incorporated in 1995, Pondy Oxides and Chemicals Ltd manufactures Lead Metal and Alloys and other Non-ferrous metals. POCL is in the metallic and non-metallic recycling industry as India’s largest secondary Lead manufacturer in Lead Alloys . Its core product lead and lead alloys, is mainly used in making lead-acid batteries. Company converts scraps of various forms of Lead, Aluminium and Copper into Lead Metal, Aluminium Metal, Copper and its Alloys. It carries out smelting of Lead Battery scrap to produce secondary lead metal which is further transformed into Pure lead and Specific Lead Alloys. Further, company also manufactures Zinc metal and Zinc Oxide.
Right now Indian Market is not supporting any long position at this moment, but the chart looks very attractive. however I am sharing with you all.I hope you will like & share this publication. Thanks for watching, follow us for more updates visiting again.
Trend: The overall trend seems to be bearish in the short term after the recent decline, but the long-term trend remains upward based on the yearly context.
Master of $78.2 Bn industryGet ready to Enter in the a $78.2Bn(Expected by FY34) Indian industry.
Zomato is the leading player of Quick commerce industry which we are getting on a fair price.
The company is planning to open 2000 Dark stores by dec 2025, which is a good sign of expansion. Start your SIP's and keep an eye on this stock
Nifty 50 (Suggested Trading Strategy)Trend: The overall trend seems to be bearish in the short term after the recent decline, but the long-term trend remains upward based on the yearly context. Based on weekly closing the chart's current bearish momentum and the possibility of further downside, a short-selling or bearish strategy might be considered. Here are the suggested levels:
NEXT WEAK PLAN:-
Short Position (Nifty 50 - 1D Chart)
Entry: 22,550 break below
Stop Loss: 23,000
Target: 21,800
Risk-Reward: ~1:1.7.
Disclaimer: Not financial advice; consult a financial advisor. please note that this is a general analysis based on the chart and not financial advice. Trading involves risks, and you should consult a financial advisor or conduct further research before making any trading decisions.The market could reverse if there’s a strong bullish catalyst (Based on positive economic data or news), so monitor for signs of reversal such as a break above 23,000 with high volume.
If you'd like a more detailed analysis or need me to search for additional market context, feel free to ask
Nifty 4 hrs Time Frame wave analysis Nifty 50, four hours time frame wave analysis
Nifty trade in channelize pattern
Minor degree as WXY
Wave Y in progress
Wave Y internal waves (minute degree) are ((w))((x))((y)) wave ((z)) anticipate in lower side near channel..........
Disclaimer
It is my personal research before taking any trade please advise your financial adviser i not SEBI registered financial adviser it is only educational purpose.
Thanks
MKT Learner
$ATH Technical Outlook: Accumulation Opportunity? TSX:ATH Technical Outlook: Accumulation Opportunity? 🚀
#ATH is trading at $0.037, below key resistance at $0.045 – bearish unless it breaks above. A breakout could push it to $0.09 and beyond.
🔹 Accumulation Zone: $0.037 – $0.020
🔹 Targets: $0.1 / $0.3 / $0.5 / $1
Solid project, good dip-buying opportunity. Watch key levels & manage risk!
Not Financial Advice – DYOR! 🚀
#aethir #Alts
ERIS LifesciencesDate 08.03.2025
ERIS Lifesciences
Timeframe = Weekly Chart
Technical Remarks :
1 Currently under corrective phase of wave 4. A three wave pattern.
2 Neckline at 1203
3 Next swing support/breakdown areas are 1203 / 1141 / 1036 (100%) & 1108 (38%)
4 If someone is under long position keep neckline as strict stoploss on daily or weekly basis
5 Below neckline do not try to bottom fish or average or follow any moving average
Some Key Highlights About The Company :
Stock P/E 52.7 II ROCE 11.3 % II ROE 16.3 % II OPM 34% II
Region-Wise Sales Mix
South India: 35%
West India: 30%
North India: 16%
East India: 15%
Latest Development On March 6th 2025 :
Eris Lifesciences sells its entire stake in two of its subsidiaries to Eris Therapeutics for Rs 861.9 crore
Regards,
Ankur
Will $SUI hit $10 in Current Bull Market?Will CRYPTOCAP:SUI hit $10 in Current Bull Market?
Key support zone: $2.50-$2 – Holding this level is crucial for a potential breakout toward $10.
Price action suggests a strong bounce from this demand zone, making it a strategic re-accumulation area for high-R:R setups.
#SUI #Altcoins
CNXENERGY - Looks BullishA Low risk set up in this sector.
SL can be a break below last week's low (the invalidation point for this 4th wave down is 29304, and the price has reversed from 29313)
Perfect set up for longs on this counter..
Channel Bottom
Closed above previous week's high
First bounce (FEB 2nd week) was sold in to.. and this is second bounce.. So ideally, strength should emerge)
On Daily TF, recent Swing High has been broken, waiting for the breakout above falling trendline
Go through the components of this sector to find the best pick for your investment journey
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Philip Fisher: The Man Who Revolutionized Growth InvestingHello Traders! Today, let’s talk about Philip Fisher , one of the greatest investors of all time and the pioneer of growth investing . His book "Common Stocks and Uncommon Profits" is a must-read for anyone serious about the stock market. Let’s dive into his key investment principles and how they can help us make smarter trading decisions!
Philip Fisher’s Key Investing Principles
Invest in Companies with Strong Management – Fisher believed that a company’s leadership plays a crucial role in long-term success. Look for visionary leaders with a solid track record.
Focus on Long-Term Growth – Instead of chasing short-term gains, invest in businesses with strong growth potential and a competitive edge.
Scuttlebutt Method – Gather information from various sources ( suppliers, employees, customers ) to gain deeper insights into a company’s fundamentals.
Don’t Diversify Too Much – Fisher advocated for focused investing , where you put your money in a few high-quality stocks rather than spreading it thin.
Ignore Market Noise – Avoid making decisions based on daily price fluctuations. Instead, focus on a company’s long-term fundamentals .
Patience Pays Off – Great investments take time to grow. If you’ve picked the right stock, hold onto it and let compounding do its magic!
Philip Fisher’s strategies remain highly relevant even today, especially for investors looking to build long-term wealth .
Do you follow any of his principles in your trading? Let me know in the comments!
A strong rally on the cardsDhanlaxmi CMP 24.17
The stock has halved from the highs and is again offering an opportunity. The current zone is a fib confluence one and also supported by trendline. RSI on the weekly and Monthly chart is above the bull zone. All these factors are very positive.
Elliott- The stock rallied from the lows of 24 to 36 and then a sharp fall took it town to 22. This is indicating that the correction is not over. The first ABC correction is a zig zag. The second is an expanded flat corrective pattern. The c of X will go minimum to 32. This is a good 33% from the current levels.
Conclusion - Again a strong rally here , but its only a rally to make some quick money and exit. Coz post this another ABC correction will begin.