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Muthoot Microfin LTD – Major Breakout in Play!🟦 Blue Line: 200 DEMA Still overhead, but the recent price action indicates a potential shift in trend. Price reclaiming above this zone will be another bullish confirmation. 📌 Breakout Highlights: Counter Trendline Breakout: Price shattered the CT-based trendline with high volume. W-Bottom Formation: A textbook double bottom structure is visible with neckline breakout. Green Path: Illustrates the bullish trajectory already played out post breakout. Red Zone: Key resistance turned support — now a potential demand zone on retest. Yellow Path: A healthy retest scenario could play out, offering better R:R entries. A pullback to the neckline before continuation would be ideal. 🔔 Keep it on your radar — structure, volume, and trend all align for a bullish bias.
NSE:MUTHOOTMFLong
by Averoy_Apoorv_Analysis
3
OPTIEMUS: A Powerful Demand Zone with Breakout Retest ConfluenceNSE:OPTIEMUS is setting up for something very interesting — both from a traditional technical perspective and through the lens of the supply and demand concept. If you're a trader who loves high confluence zones and clean structures, this analysis is definitely worth your attention! Let’s break it down in a step-by-step, top-down format. 🔥 Weekly Chart Analysis – The Bigger Picture 🔥 When we zoom out to the weekly chart, something really striking stands out. The stock was in a tight consolidation phase for nearly 3 years. During this period, volume was consistently high — an early sign that big players were possibly accumulating. Then came the breakout — massive volumes , strong momentum, and a sharp move to the upside. This rally gave exceptional returns to early entrants. But as expected, after such a move, the price pulled back. Here’s where it gets exciting: the stock has now returned to the very same zone it broke out from. This level acted as a strong resistance multiple times in the past. And according to the Law of Polarity , a broken resistance often flips to become a strong support. Not only is the price back to that breakout level, but it's also doing so with very low volume — a classic indication of a healthy retest rather than panic selling. 🧠 Supply and Demand Concept – Strong Confluence Zone 🧠 Now let's apply the demand and supply perspective — and this is where the setup gets really juicy. A fresh and powerful weekly demand zone has formed exactly where the breakout took place. This zone has a clear imbalance — a strong leg-out candle with strong follow through. It’s a textbook demand zone with high conviction . Even better, this demand zone is sitting right on the old resistance (now support) level — giving us double confluence . And guess what? There is no supply zone visible on the weekly timeframe above the current price. That means the sky is clear — the price has room to fly, if it starts moving up from here. 🔎 Daily Chart Analysis – Zooming Into the Details 🔎 Moving down to the daily timeframe, we find even more reason to stay excited. There’s a daily demand zone nested inside the weekly demand zone — a perfect case of multi-timeframe confluence . While this daily zone has been tested once, the follow-through was strong, indicating buyers are still active. There is a nearby supply zone on the daily chart, but it’s already been tested. The next significant supply zone is about 42% above the current market price, while the risk to the distal line of the demand zone is just 9% . That gives us a very attractive Risk to Reward ratio of 1:4.5 — which is highly valuable in technical setups. 📊 Key Technical Highlights Weekly breakout retest with low volume pullback Strong weekly demand zone with strong follow through Demand zone formed at previous resistance – high confluence No supply zone on weekly – open upside Daily demand zone inside weekly – excellent multi-timeframe setup Nearby tested supply on daily, next fresh supply 42% away Risk to Reward ratio: 1:4.5 ⚠️ Risk Management Reminder ⚠️ Even though this is a high-conviction setup, remember: no setup is guaranteed . Always use proper risk management, stop-loss strategies, and position sizing. Protect your capital — it's your trading ammo. ✨ Final Thoughts ✨ This NSE:OPTIEMUS chart is a great learning opportunity for anyone studying supply and demand or traditional breakout structures. Whether you’re new or experienced, setups like these reinforce the value of patience and technical clarity. Lastly, Thank you for your support, your likes & comments. Feel free to ask if you have questions. 💡 "The market rewards those who wait patiently with a plan, not those who rush in with hope." 💡 🚫 This analysis is for educational purposes only. I am not a SEBI registered analyst and this is not a trading or investment recommendation.
NSE:OPTIEMUSLong
by AfnanTAjuddin
1
AKZO NOBEL INDIA LTD – Technical Analysis Update📈 Chart Overview: The stock is forming a cup and handle pattern, with a breakout attempt. A descending trendline was broken, leading to a sharp upward movement. Currently, the price is retesting the breakout level. 🔍 Key Levels: Resistance: ₹3,912, ₹4,585 Support: ₹3,400, ₹3,294 📊 Observations: A successful retest and bounce from the breakout zone could signal further upside. Volume analysis suggests increasing interest from buyers. 🚀 Trading View: A close above ₹3,912 could trigger bullish momentum toward ₹4,585. If the price fails to hold above ₹3,400, we may see a pullback to ₹3,294. 📌 Disclaimer: This is not financial advice. Do your research before making any trades.
NSE:AKZOINDIA
by PriceAction_Pulse
Cords Cables-Can it continue to be a multibagger?Cords Cables is a small cap company which is available at a perfect position technically. Zone of 140-150 was a supply zone earlier which now should become a demand zone. If stock manages to bounce from here with good volumes, it can continue its multibagger journey towards big targets. However, if this zone is breached, stock can fall rapidly so it sis make or break level for stock technically. Very risky. Keep in watchlist to study and learn. Not a recommendation.
NSE:CORDSCABLELong
by chartistamey
KAYA LTD - Symmetrical Triangle - MonthlyKAYA LTD formed Symmetrical Triangle pattern on Monthly chart. Formed symmetrical triangle and given breakout with very huge volume and retest done . RSI is looking good and taking support ROCE going minus every year since last 5-7 years :( poor sales growth since last 5 years :( FII's and DII's has increased their holding little bit since last 2 quarter. What will happen next quarter ? will it go sideways or downtrend will start ? Resistance1 : 505-511 Resistance 2 : 590-600 No Entry, No Targets until positive results or news coming :)
NSE:KAYALong
by maruviral
$BTC Price Forecast: $75K, $85K, or $108K?Currently, I see three potential scenarios for BTC: 1. BTC is forming lower highs and may retest the previous resistance around the $108,000 level. After that, it could pull back to the $100,000 area before making a new all-time high. 2. BTC might retest the $90,000 level and then move upward. Alternatively, if it loses support at $90,000, it could drop to $85,000 before starting an upward trend. 3. In a worst-case scenario, BTC could undergo a significant correction, dropping as low as $75,000.
BINANCE:BTCUSD.P
by crypto_vulture_signals
GHCL Analysis: Supply & Demand Zones Strategy with Breakouts In this video, we analyze the NSE:GHCL chart using the Demand and Supply Zones Lite Indicator. Watch as I explain how to: Identify Stage 1, Stage 2 , and consolidation phases. Spot breakouts and understand the concept of a flush . Use demand zones nested inside resistance-turned-support areas to plan high-probability trades. This video is perfect for anyone looking to improve their technical analysis skills and learn how to trade using demand and supply zones. Disclaimer: This video is for educational purposes only. Always conduct your own analysis before making trading decisions."
NSE:GHCLLong
by AfnanTAjuddin
1
SARLAPOLY By KRS Charts27th Nov 2024 / 3:30 PM Why SARLAPOLY ❓ 1. Stock was Stuck under 80 Rs. Resistance since many Years and this year in May it broke the resistance and sustained above 80 Rs. 📈 2. Fundamentally Good company with less than 15 P/E. 💪 3. With Accumulations on Higher TFs SARLAPOLY is making Cup & Handle Pattern. ☕ 4. As we discuss it already Broke 80 Rs. Range and recently it retests too on same resistance this makes my conviction strong on this 💪 5. Today giving 15 % Upside move with Strong Volume is confirmed Entry. ✅ Target is expected 145 Rs in Medium to long Term With SL of 78 Rs 1W Closing basis.
NSE:SARLAPOLYLong
by KRSCharts
2
GODREJAGROVET Breakout at 3rd attemptBelow are the some points to go through for better analysis: 1. Breakout after 3rd attempt 2. Risk Reward is almost 2.5. 3. Reversal / Retest already taken Disclaimer: Content shared on or through social site channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:GODREJAGROLong
by navneet2109
USDT.D RSI Oversold, Expected Bounce to 5%-5.5%, Bearish for BTCCRYPTOCAP:USDT.D shows signs of a potential bounce as RSI has reached oversold territory, indicating a likely move up to the 5%-5.5% area. With #USDT.D rising, we expect #Bitcoin and altcoins to face downward pressure due to the inverse relationship between USDT dominance and the broader crypto market. Watching for confirmation of this bounce could provide shorting opportunities in CRYPTOCAP:BTC & #crypto .
CRYPTOCAP:USDT.DLong
by crypto_vulture_signals
A Short Term to Long Term Investment Opportunity in Reliance IndHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock which has formed a pull back and retest pattern in weekly chart stock name is Reliance Industry, it is most famous and most valuable company in india. Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family has about 50% shareholding in the conglomerate. Stock is really giving good entry at this price as it has already corrected 19%, and now it is showing some strenght, There was huge volatility in market due to USA Election. Today vix has been cool almost 7% means volatility is going to reduce in market. Well if i talk about reliance i think this is giving best entry for long term investment as well as short term to medium term. For short term i already have mention the targets. But i feel it will cross these targets which i mention here and it will give 100% returns in next 2-3 years. So if anybody wants to hold this for long term can hold from these levels. Technically and fundamentally it is very strong company there is no doubt about it. Now le't discuss about some fundaments. Strenghts:- Effectively using its capital to generate profit - RoCE improving in last 2 years Growth in Net Profit with increasing Profit Margin (QoQ) Company with Low Debt Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Annual Net Profits improving for last 2 years Company with Zero Promoter Pledge Market Cap ₹ 17,82,145 Cr. Current Price ₹ 1,317 High / Low ₹ 1,609 / 1,149 Stock P/E 26.2 Book Value ₹ 606 Dividend Yield 0.38 % ROCE 9.61 % ROE 9.25 % Face Value ₹ 10.0 Industry PE 17.9 Debt ₹ 3,57,525 Cr. EPS ₹ 50.2 Promoter holding 50.2 % Intrinsic Value ₹ 523 Pledged percentage 0.00 % EVEBITDA 11.5 Change in Prom Hold -0.09 % Profit Var 5Yrs 12.0 % Sales growth 5Years 9.61 % Return over 5years 14.7 % Debt to equity 0.44 Net profit ₹ 77,652 Cr. ROE 5Yr 8.73 % Profit growth -0.59 % Earnings yield 6.17 % PEG Ratio 2.19 Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:RELIANCELong
by TraderRahulPal
4