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UPL Limited approaching Prev ATH - Technical AnalysisUPL Limited - #Breakout Setup After #Accumulation Phase Current Price: 691.07 Good For Swing to Short-term Trading. Technical Summary: UPL is showing a classic accumulation-to-breakout pattern after an extended sideways #consolidation phase. The stock has broken out from a well-defined range with strong volume confirmation and is now positioned for potential upside momentum. Key Technical Highlights: ✅ Breakout Confirmed: Price breaking above 768 resistance zone with volume expansion ✅ Accumulation Phase Complete: Extended consolidation (2024-2025) suggesting smart money accumulation ✅ EMA Alignment: 20/50/100/200 EMAs converging and starting to fan out bullishly ✅ RSI Strength: At 69.18, showing momentum without being overbought ✅ Fibonacci Levels: Currently between 0.236-0.5 retracement, plenty of upside room Price Targets: - Target 1: 938.15 (+35% from current levels) - Target 2: 994.95 (+44%) - Target 3: 1,050+ (Extended target) Support Levels: - Immediate: 676 (0.618 Fib) - Strong: 629 (0.5 Fib + breakout level) - Critical: 607 (20 EMA) Risk-Reward: Favorable at current levels with defined support zones and multiple upside targets. Disclaimer: This analysis is for educational and informational purposes only and should NOT be considered as financial advice or a recommendation to buy/sell any security. - Technical analysis is based on historical price patterns and may not predict future performance - Past performance is not indicative of future results - Trading and investing involve substantial risk of loss - Always conduct your own research and due diligence - The author may or may not hold positions in the discussed security - Price targets are projections based on technical levels and not guaranteed outcomes - Market conditions can change rapidly, invalidating technical setups - Use appropriate position sizing and risk management strategies ** Trade at your own risk. You are solely responsible for your trading/investment decisions.** #UPL #TechnicalAnalysis #Breakout #Accumulation #StockMarket #NSE #SwingTrading #ChemicalSector #FibonacciRetracement #RSI
NSE:UPLLong
by earnwhileulearn
UNIVERSAL CABLES LTD : REVERSE H&S CONTINUATION This is the weekly chart of the Universal Cables. The Stock has formed a inverted H&S patten on the weekly chart and came out of the neck line with good volume. The Formation duration of this pattern is almost 18 months. On Friday 14th of Nov the stock gave a very strong weekly closing above the neckline with very good volume. RSI reading above 60 is indicating the trend is strong. If the stock stays above the levels of 830 in coming weeks can further fuel the price move in the upward direction.
NSE:UNIVCABLESLong
by vipoolgandhi
JTEKT India Technical AnalysisHere's a comprehensive TradingView report for JTEKT India Limited: Current Price:160.90 📊 TECHNICAL SETUP OVERVIEW JTEKT India is displaying a compelling technical structure within a well-defined ascending channel pattern that has been in play since the 2020 lows. The stock is currently consolidating after a significant rally and appears to be setting up for the next leg of movement. KEY TECHNICAL OBSERVATIONS 1. Channel Pattern Analysis: - Long-term Ascending Channel: The stock has been respecting a parallel channel since 2020, with clear support and resistance boundaries - Current Position: Trading in the middle zone of the channel, suggesting room for movement in either direction - Channel Support: Lower trendline around 120-130 zone - Channel Resistance: Upper trendline projecting towards 220-240 zone 2. Moving Average Structure: All major moving averages are sloping upward, confirming a strong bullish trend across multiple timeframes. 3. Price Action Patterns: - Clear higher highs and higher lows formation since 2020 - Recent consolidation after touching 220+ levels suggests healthy profit-booking - Volume expansion during rallies indicates strong buying interest - Formation of a potential inverse head and shoulders pattern on monthly timeframe 4. Support & Resistance Levels: Immediate Support Zones: - S1: 148-150 (8/13 EMA cluster) - S2: 134-135 (50 EMA + channel support) - S3: 120-122 (psychological level + lower channel boundary) Resistance/Target Zones: - Target 1:188.50 (Previous swing high) - Target 2: 209.71 (Major resistance + psychological 200 level) - Target 3: 255.40 (Channel top + Fibonacci extension) PROJECTION & TREND ANALYSIS Bullish Scenario (Higher Probability): If the stock holds above 148-150 support zone: 1. First target: 188.50 (18% upside potential) 2. Breakout above 190 could trigger momentum towards 209.71 3. Ultimate target within channel: 255.40 (58% upside from current levels) Bearish Scenario (Risk Assessment): Break below 134 (50 EMA) could lead to: - Retest of 120-122 zone (channel support) - Deeper correction to 110-115 if channel breaks - This would invalidate the current bullish setup CONCLUSION JTEKT India Limited presents a well-defined bullish channel with strong moving average support. The technical structure suggests the stock is consolidating before the next leg up, with multiple targets identified. Accumulate on dips toward 148-150, add on strength above 170, with ultimate targets of 188, 210, and ₹255. Disclaimer: This is a technical analysis for educational purposes only. Not financial advice. Technical analysis should be combined with fundamental research, and proper risk management should always be employed. Past performance does not guarantee future results. #JTEKT #TechnicalAnalysis #StockMarket #ChannelTrading #SwingTrading #NSE #AutoSector #MovingAverages #TrendAnalysis #IndianStocks
NSE:JTEKTINDIALong
by earnwhileulearn
THYROCARE : COMING OUT OF THE COVID TIMES HIGH Very few sectors performed during the covid crises and one of them was obviously the healthcare sector. Diagnostic companies were also making new highs at that time. Once the covid waves were over these companies were never reached those days high. The chart hi-lighted is the Thyrocare weekly chart which came out of more than 4 years resistance with good volume. If the stock stays above the levels of 1450 for few weeks , this could result in further up-move possibility. RSI is also indicating the strength in the trend.
NSE:THYROCARELong
by vipoolgandhi
INDIGOPNTS: Trendline Breakout Post Q2FY26, Chart of the WeekWhy NSE:INDIGOPNTS Could Be Your Next Multi-Bagger: Breaking Out After a Brutal 60% Correction Post Good Q2 FY26 Numbers: Let's Analyze in Chart of The Week As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions. Price Action Analysis: Historical Price Movement: - The stock experienced a steep downtrend from its all-time high of approximately ₹2,695 in early 2022, declining over 60% to a low of ₹910 by mid-2024 - A prolonged bear market spanning nearly two years created a massive consolidation zone between ₹1,000 and ₹1,600 during 2023-2024 - Recent price action shows a strong bullish candle in November 2024, breaking above the downward trendline with significant momentum - The current price of ₹1,298.80 represents a sharp recovery from the lows, gaining approximately ₹294.70, or 29.35%, in the recent move Trendline Analysis: - A clear falling trendline (marked in cyan on the chart) connected the lower highs from the 2022 peak through mid-2024 - This trendline acted as dynamic resistance, rejecting multiple rally attempts throughout 2023 and early 2024 - The recent breakout above this multi-year trendline occurred with strong price and volume confirmation, suggesting a potential trend reversal - The breakout candle shows conviction with a decisive close above the trendline resistance Price Structure: - The stock formed a descending triangle pattern from 2022 to 2024, with lower highs and relatively flat lows around ₹900-₹1,000 - Post-Q2FY26 results (released in early November 2024), the stock has shown explosive upside momentum - The recent surge created a bullish engulfing pattern on the weekly timeframe, signaling strong buyer interest Volume Spread Analysis: Volume Trends: - Volume during the downtrend was relatively subdued, indicating lack of aggressive selling pressure - The recent breakout candle shows significantly elevated volume at 7.67 million shares, representing 587.73 thousand volume units - This volume spike confirms genuine buying interest and institutional participation in the breakout - Volume expansion during the rally validates the authenticity of the price move Volume-Price Relationship: - The correlation between rising prices and expanding volume suggests healthy accumulation - Previous attempts to break the trendline failed due to insufficient volume support - Current volume levels are approximately 3-4x the average, indicating strong conviction among market participants Key Technical Levels: Support Levels: - Primary Support (S1): ₹1,200—This represents the previous resistance zone that should now act as support - Secondary Support (S2): ₹1,100 - The breakout point from the falling trendline - Major Support (S3): ₹1,000-₹1,006 - Strong psychological level and previous consolidation base - Ultimate Support (S4): ₹910 - The 52-week low acts as the ultimate floor Resistance Levels: - Immediate Resistance (R1): ₹1,400 - Near-term psychological barrier - Intermediate Resistance (R2): ₹1,600 - Previous consolidation zone highs from 2023-2024 - Major Resistance (R3): ₹1,800 - Key supply zone from the downtrend phase - Long-term Resistance (R4): ₹2,200-₹2,400 - Retracement levels toward the all-time high Base Formation: - A solid base has been established between ₹900 and ₹900-₹1,100 over an extended 18-month period - This accumulation zone represents significant institutional buying at lower levels - The base demonstrates strong hands holding the stock, reducing downside volatility - Multiple tests of the ₹900-₹1,000 zone without breaking down confirms strong demand Technical Patterns: Reversal Patterns: - A falling wedge/descending triangle pattern formed from 2022 to 2024, which is typically a bullish reversal pattern - The pattern shows lower highs with relatively consistent lows, indicating selling exhaustion - A breakout from this multi-year pattern suggests a major trend change is underway Candlestick Patterns: - The recent weekly candle shows strong bullish characteristics with a large body and minimal upper shadow - The candle closed near its high, indicating buyer dominance throughout the period - Previous candles show a transition from consolidation to expansion phase Fundamental Backdrop: Company Overview: - Indigo Paints is India's fourth-largest decorative paints company with strong brand recognition - The company operates three manufacturing facilities located in Jodhpur, Kochi, and Pudukkottai - Headquartered in Pune, Maharashtra, the company was founded in 2000 and listed on stock exchanges in 2021 - Known for innovative product launches and being first-to-market with several differentiated paint solutions Recent Financial Performance: - Q2FY26 revenue grew 3.45% year-on-year to ₹298 Cr., though net income grew 5.85% to ₹26 Cr, due to competitive pressures - Gross margins expanded to 45.1% from 44.1% in the previous year, driven by softening raw material costs and premium product focus - EBITDA margin improved to 15.3% from 14.8%, reflecting operational efficiency gains - The company has expanded its dealer network to over 18,900 active dealers and more than 11,650 tinting machines Growth Catalysts: - Management expects double-digit volume growth by Q4FY25, supported by strong leading indicators like dealer fund inflows and painter token scanning - Extended monsoon impacted August sales, but July and September showed robust growth momentum - The company is focusing on premium product mix to defend margins against aggressive competition from new entrants - Expansion into project sales and construction chemicals segments provides new revenue streams Sectoral Outlook: Indian Paint Industry Overview: - The Indian paints and coatings market is estimated at USD 10.46 billion in 2025 and expected to reach USD 16.38 billion by 2030, growing at 9.38% CAGR - Architectural applications account for 77.56% of market demand in 2024, driven by India's construction boom - The decorative segment accounts for nearly 75% of total demand, with 80% coming from repainting activity - Repainting cycles have shortened from 7-8 years to just 4-5 years, accelerating demand growth Competitive Landscape: - New players like Birla Opus, JSW Paints, and Pidilite have entered with aggressive strategies and significant capital expenditure - Birla Opus alone plans to increase industry capacity by 40% over the next three years, aiming to become the second-largest manufacturer by 2025 - Revenue growth slowed to 4% in FY24 after 14-15% CAGR between FY19 and FY23 due to price cuts and competitive pressures - Despite margin pressure, established players like Indigo maintain advantage through distribution networks and brand loyalty Industry Drivers: - Residential unit sales surged 30% year-on-year to 474,000 units in 2024, supported by PM Awas Yojana affordable housing scheme - The government plans to construct 30 million affordable houses over the next five years through PM Awas Yojana - Rising disposable incomes, urbanization, and lifestyle changes are compressing repaint intervals in major cities - Infrastructure projects under Bharatmala and Sagarmala are driving demand for industrial and protective coatings Bull Case: - A technical breakout from multi-year falling trendline with strong volume confirmation suggests major trend reversal - Established player with differentiated product portfolio and strong gross margins outperforming peers - Sector tailwinds from government infrastructure push and housing demand provide multi-year growth runway - Valuation correction of 60% from peak creates attractive entry point for long-term wealth creation - Management's focus on premium products and margin expansion positions company well against competition Bear Case: - Intense competition from well-capitalized new entrants (JSW, Birla Opus) could pressure market share - Slower-than-expected volume growth in Q2FY26 raises concerns about demand momentum - Margins vulnerable to aggressive pricing by competitors offering trade discounts - An elongated monsoon and macroeconomic uncertainties could impact near-term performance - Stock has rallied sharply in short period, creating potential for profit-booking Key Monitoring Points: - Track quarterly volume growth trajectory to confirm management's guidance of double-digit growth by Q4 - Monitor gross margin trends to ensure premium strategy is working despite competitive intensity - Watch dealer expansion metrics and market share data versus new entrants - Observe raw material price trends, particularly crude-linked derivatives impacting costs - Follow infrastructure spending and housing sales data as leading indicators for industry demand My 2 Cents: - The stock has decisively broken out from a multi-Week falling trendline resistance with exceptional volume support - Multiple technical factors align favorably: pattern breakout, volume confirmation, base formation, and momentum shift - Risk-reward ratio remains attractive even after the recent rally, particularly on any pullback to ₹1,200 levels - The base formation between ₹900 and ₹900-₹1,100 provides strong downside support for long-term holders - While near-term earnings growth is muted due to competition, the long-term sector outlook remains robust - The company's focus on operational efficiency and margin expansion is yielding results despite challenges NSE:INDIGOPNTS presents a compelling asymmetric risk-reward opportunity where the technical setup, fundamental improvement trajectory, and sectoral tailwinds are aligning after a prolonged correction. The breakout from a multi-year base with strong volume support provides a high-conviction entry point for wealth creation over the next 12-24 months. Full Coverage on my Newsletter this Week Keep in the Watchlist and DOYR. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:INDIGOPNTSLong
by Karanshah137
9
A bullish engulfing patternPrior Downtrend: The pattern must appear during an existing downtrend. First Candle (Bearish): A small red (or black) bearish candlestick forms, indicating the continuation of selling pressure. Second Candle (Bullish): A large green (or white) bullish candlestick forms immediately after. Engulfing: The body of the second (green) candle must completely cover or "engulf" the entire body of the first (red) candle. The second candle's body opens lower and closes higher than the first candle's body. Market Sentiment Shift: This shift from a small bearish candle to a large bullish one suggests that buyers have taken control of the market.
CRYPTO:BTCUSD
by romitkumar
Persistent Technical Analysis#Persistent Systems Limited - Technical Analysis Chart Overview **Timeframe:** Weekly (1W) **Current Price:** 5,708.20 Technical Setup Trend Analysis The chart displays a compelling technical setup based on higher highs and higher lows pattern analysis. After a significant correction from previous highs, the stock has formed a strong base and is showing signs of trend reversal. Key Observations RSI Classic Divergence The Relative Strength Index is displaying a classic bullish divergence pattern. While price action formed lower lows during the correction phase, the RSI formed higher lows, indicating weakening bearish momentum and potential trend reversal. This divergence has been confirmed on the weekly timeframe, adding significant weight to the bullish case. Fresh Higher High Confirmation: Following the divergence, price action has broken above the previous swing high on the daily candle, confirming a potential change in trend structure. This break represents a shift from the previous pattern of lower highs and suggests renewed bullish momentum. Price Targets The analysis identifies three potential target zones: - **Target 1:** 5,984.50 (Immediate resistance) - **Target 2:** 6,360.65 (Medium-term target) - **Target 3:** 6,788.90 (Extended target) These targets are derived from previous resistance levels and Fibonacci extension analysis. Moving Averages: The chart shows multiple moving averages (likely 50 SMA and 200 SMA based on the red and orange lines). Price is currently attempting to reclaim these key moving averages, which would further validate the bullish thesis. Risk Considerations While the technical setup appears favorable, traders should consider: - Confirmation on higher timeframes for reduced false signal risk - Volume analysis to validate the breakout - Proper risk management with stop-loss placement below recent swing lows ## Disclaimer This is a technical analysis for educational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.
NSE:PERSISTENTLong
by earnwhileulearn
3
BankofIndia - Short to Long Term Investment BuyBank of India - Technical Analysis Current Price: 129.77 Timeframe: Monthly Chart Key Technical Observations 1. Currently, PSU banks are exhibiting bullish characteristics with positive sector support influencing the stock positively. 2. Cup and Handle Formation - The stock is displaying a gradually developing cup and handle pattern, a classic bullish continuation setup that suggests potential upside momentum. 3. Rising Channel Support - Bank of India is actively trading within and supported by a rising channel, indicating strength in the uptrend structure. 4. Historical Strength Pattern - Over the years since 2021, the stock has been making higher highs and has recently completed a decent retracement, suggesting a bounce-back scenario in formation. 5. RSI Hidden Divergence Confirmation -A hidden divergence has been identified on the RSI indicator, providing additional technical confirmation for trend continuation. Potential Target Levels Based on technical analysis: - 20% Move: 155.40 - 50% Move: 194.70 - 77% Move: 232.00 Risk Management Strict Stoploss: 99.18 on Weekly candle closing basis DISCLOSURE & RISK WARNING: This analysis is provided for educational and informational purposes only and should not be construed as financial advice, investment recommendation, or an offer to buy or sell securities. Past performance is not indicative of future results.
NSE:BANKINDIALong
by earnwhileulearn
1
Kirloskar Oil Engines - Swing TradeKirloskar Oil Engines Limited - Technical Analysis Report Current Market Price: 1,005.70 MARKET BIAS: BULLISH RECOVERY IN PROGRESS Kirloskar Oil Engines is currently trading at 1,005.70, showing signs of bottoming out after a significant correction from its all-time highs of ₹1,450+. The stock is now forming a potential reversal pattern. KEY TECHNICAL OBSERVATIONS: 1. Major Support Zone - HOLDING STRONG ✅ The stock has found solid support in the 900-950 zone, which coincides with: - Multiple moving average convergence (EMA 20/50/100/200) - Previous resistance-turned-support from mid-2025 - Psychological round number support at 900 The price has bounced decisively from this zone, suggesting accumulation by institutional investors. 2. Consolidation Rectangle Pattern (Daily/Weekly) A clear *rectangular consolidation box* : - Upper Range: 1,016 - 1,050 - Lower Range: 900 - 950 This sideways movement indicates Distribution completion and potential energy buildup for the next directional move. All major EMAs are converging in the 890-910 zone, creating a strong support cluster. TARGET ANALYSIS: Immediate Resistance Targets: Target 1: 1,180 - 1,200 (First Major Resistance) - Previous consolidation high from December 2025 - 61.8% Fibonacci retracement of the recent decline Target 2: 1,334 (Secondary Target) - Major swing high marked on weekly chart - Psychological resistance zone Target 3: 1,450 (Extended Target) - Previous all-time high zone - Final resistance before new highs Critical Support Levels: - 1,000: Immediate psychological support - 900-920: MAJOR SUPPORT (EMA cluster + pattern base) BULLISH BREAKOUT (Higher Probability - 65%)** CONCLUSION: Kirloskar Oil Engines is at a Critical juncture with strong technical setup favoring a Bullish breakout. The stock has: - ✅ Successfully held major support zones - ✅ Maintained position above all key moving averages - ✅ Formed higher lows indicating accumulation - ✅ Built a strong base for the next upward move Disclaimer: This analysis is for educational purposes only. Please consult with your financial advisor before making investment decisions. Past performance does not guarantee future results.
NSE:KIRLOSENGLong
by earnwhileulearn
AMBER at a Critical Turning Point – Trend Shift or Just a Bounce💹 Amber Enterprises Ltd (NSE: AMBER) Sector: Consumer Durables | CMP: 7376 | View: Early Reversal Attempt Inside Downtrend Structure Chart Pattern: NA Candlestick Pattern: Bullish Engulfing 📊 Price Action – What’s Really Happening? Amber finally showed signs of life after a sharp slide from 8600 levels. Buyers stepped in near 7180–7200, creating a clean intraday reversal base. But — the larger trend is still down, so this bounce must prove itself above 7480–7536. 🧭 Support & Resistance Resistances: 7484 | 7536 | 7592 | 7785 Supports: 7183 | 7090 | 6990 | 6882 Demand zones are strong → resistance zones are layered and heavy. This is why confirmation matters. 📈 STWP Trading Analysis: Bullish Breakout: 7400 | Stop Loss: 7180 A clean bounce developed from the swing demand zone after strong absorption of selling pressure. Despite this intraday strength, the daily chart remains in a downtrend with lower highs and lower lows. A possible close above 7480–7535 could shift bias to short-term bullish continuation. Below 7180, weakness can reappear quickly. 🧩 Final STWP Outlook Momentum: Mild |Trend: Bearish | Risk: Moderate | Volume: Improving ⚠️ Disclosure & Disclaimer – Please Read Carefully This content is strictly for educational and informational purposes. It is not a buy/sell recommendation and should not be treated as investment advice. I am not a SEBI-registered investment adviser. Markets carry risk, and price can move unpredictably. Always evaluate your risk, position size, and suitability before trading. Consult a SEBI-registered adviser before making any financial decision. Position Status: No active STWP position in AMBER at the time of analysis. Data Source: TradingView & Market Data Snapshot. 💬 Found this breakdown useful? 🔼 Boost this post to help more traders learn structured analysis ✍️ Comment your views or setups — let’s grow together 🔁 Share it with traders who want clean, disciplined analysis 👉 Follow @STWP for more structured trade setups, zone-based insights, and disciplined trading approach. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:AMBERLong
by simpletradewithpatience
4
Jio Financial Services Ltd - Breakout OpportunityDate : 30-Jul-2025 LTP : Rs. 320.30 Targets: (T1) Rs. 368 --> (T2) Rs. 394 --> (T3) Rs. 437 SL : Rs. 282 Technical View: • NSE:JIOFIN was going through primary downtrend since Apr 2024. From it's lifetime high of 394.70 in Apr 2024, it has retraced 50% to 198.65 in Mar 2025. • From Apr 2025, NSE:JIOFIN has started moving in secondary uptrend within its primary downtrend and had given a breakout from its primary downtrend on 26-Jun-2025 with higher than average volume. • on 28-Jul-2025, NSE:JIOFIN has re-tested the downtrend line and bounced back closing above 20 DEMA. • NSE:JIOFIN is currently trading above 20 DEMA and 50 DEMA. • MACD is trading at 2.38 and RSI is trading at 56.18. • Looking good to continue the current momentum. If you have liked this analysis, please Boost/Like this idea and follow my ID for more ideas.
NSE:JIOFINLong
by vikrant_252
2
Bullish Engulfing Pattern What is a Bullish Engulfing Pattern? A Bullish Engulfing is a two-candle reversal pattern in candlestick charting that signals a potential shift from bearish to bullish momentum. It typically appears at the bottom of a downtrend. How to Identify It First Candle (Bearish): A red (bearish) candle Closes lower than its open Shows sellers in control Second Candle (Bullish): A green (bullish) candle Opens lower than the first candle’s close Closes higher than the first candle’s open The entire body of the second candle completely engulfs the body of the first
NSE:BANKNIFTY
by romitkumar