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Bullish Breakout in Emcure Pharmaceuticals📊 Emcure Pharmaceuticals – Technical Chart Study 🗓️ Date: May 22, 2025 | NSE: EMCURE | Chart Type: Daily Price Action Analysis Emcure Pharmaceuticals has displayed a significant bullish price action on the latest trading session, closing at ₹1,167.70 with a sharp gain of ₹94.10 or +8.76%. This upward move was accompanied by a substantial surge in volume, with 780.19K shares traded—well above the 20-day average volume of approximately 108.28K. The strong price and volume combination indicates heightened buying interest and suggests institutional participation. Such a breakout, especially from a consolidation phase, often marks the beginning of a fresh upward trend, with momentum likely to persist if supported by broader market cues and sector strength. Chart Pattern: The chart of Emcure Pharmaceuticals reveals a classic consolidation breakout pattern. After trading within a defined range for several weeks, the stock has broken above its resistance zone with strong bullish momentum and volume confirmation. This breakout from the base structure indicates a shift in market sentiment from accumulation to markup phase, often seen as a precursor to sustained upward movement, especially when supported by multiple bullish technical signals as visible on this chart. Volume Analysis: The volume analysis of Emcure Pharmaceuticals points to a strong volume breakout, signaling increased market participation and bullish conviction. The stock witnessed a 5X surge in volume alongside a significant price jump, highlighting aggressive buying interest. This move also marks a clear 20-day volume breakout, indicating that current trading activity has far exceeded recent averages. Such a spike in volume, especially when aligned with a price breakout, often validates the strength of the move and suggests that the rally is supported by genuine demand rather than short-term speculation. Support and Resistance: Emcure Pharmaceuticals is currently navigating a crucial price zone defined by multiple support and resistance levels. On the upside, the stock faces immediate resistance at ₹1,211.67, followed by ₹1,255.63 and ₹1,330.37. These levels may act as potential supply zones where profit-booking could emerge. Beyond that, a broader weak resistance zone lies near the ₹1,600 mark, which had previously capped upward movement. On the downside, strong support is established at ₹1,092.97, with deeper levels at ₹1,018.23, ₹974.27, and a major base around ₹889.00. These support levels could provide a cushion during any pullbacks, maintaining the bullish structure as long as they hold. Educational Insights: The current setup in Emcure Pharmaceuticals offers a strong learning opportunity for traders studying breakout and momentum strategies. The chart reflects clear signs of bullish momentum, supported by multiple technical indicators. The RSI breakout above key levels confirms strengthening bullish sentiment, while the Bollinger Band breakout indicates expansion in volatility—typically seen at the start of directional moves. The presence of a Bullish SuperTrend further aligns with upward momentum. Notably, a Bollinger Band Squeeze-Off breakout is anticipated, suggesting a potential continuation of the current rally as the stock moves out of a low-volatility phase into an expansion phase—often a reliable sign of trend acceleration. How to Trade: Bullish Scenario In a bullish scenario, Emcure Pharmaceuticals presents a potential opportunity for momentum-based trades. Traders may consider entering near current levels or on minor dips, ideally above the key support zone around ₹1,092.97, to maintain a favorable risk-reward setup. The recent breakout, supported by volume and multiple technical confirmations, suggests continuation potential. A logical stop-loss could be placed just below the support or the intraday low near ₹1,045, to manage downside risk. On the upside, ₹1,211.67 and ₹1,255.63 can be watched as near-term resistance levels where partial profits may be booked. If momentum sustains, a breakout above these could open room towards ₹1,330+. As always, it’s crucial to trail stop-losses and adjust positions based on real-time price action and volume behavior. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:EMCURE
by simpletradewithpatience
Swing Opportunity Observed in GRSE📊 Garden Reach Shipbuilders – Technical Chart Study 🗓️ Date: May 22, 2025 | NSE: GRSE | Chart Type: Daily Price Action: GRSE showcased a strong bullish price move today, forming a powerful candle backed by significant volume expansion. The stock closed over 10% higher compared to the previous session, indicating strong buying interest. Price action also confirmed a breakout above the recent consolidation zone, with today's volume coming in at 15.65 million—more than 2.2 times the 20-day average volume of 6.94 million. This spike suggests possible institutional participation. Notably, the stock came very close to retesting its previous all-time high of 2833.80, marked in July 2024. The momentum remains bullish, and traders are now closely watching the resistance zone between 2833 and 2850. A sustained move above this level could signal the start of a fresh upward leg in the ongoing trend. Chart Pattern: Today’s move in GRSE appears to confirm a “Rectangle Breakout” pattern. Over the past few sessions, the stock was consolidating within a horizontal range, forming a base with clear support and resistance levels. This kind of consolidation often signals accumulation before a directional breakout. With today’s strong bullish candle and a high-volume breakout above the upper boundary of the rectangle, the pattern indicates a possible continuation of the prior uptrend. The breakout is further validated by the volume spike—more than twice the 20-day average—suggesting participation from larger players. Additionally, the move resembles a BB Squeeze Release, where Bollinger Bands had contracted recently, and today’s breakout suggests a potential expansion phase. Volume Analysis: GRSE recorded a significant volume surge today, with total traded volume touching 15.65 million shares, which is more than 2.2 times the 20-day average volume of 6.94 million. Such a spike in volume, especially on a breakout day, often reflects strong participation from institutional or large market participants. The increase in volume alongside a 10%+ price gain suggests conviction behind the move, not just speculative activity. This type of volume behavior typically supports the sustainability of the price breakout, especially when accompanied by a clean technical setup, as seen in today’s rectangle pattern breakout. Volume expansion on breakout days is considered a positive sign in technical analysis as it confirms market interest and demand at higher price levels. If this elevated volume sustains in the coming sessions, it could indicate continuation of the momentum. Support and Resistance: The key resistance levels to watch are R1 at 2887.6, followed by R2 at 3019, and a higher resistance at R3 of 3240.6. On the downside, the support levels are positioned at S1 of 2534.6, with stronger support at S2 of 2313, and a further support level at S3 of 2181.6. These levels act as important price barriers where the market could either face selling pressure or find buying interest, helping traders plan their entry and exit points effectively. Educational Insights: In the case of Garden Reach Shipbuilders (GRSE), volume surged more than twice the average, indicating possible institutional participation. The Rectangle Breakout pattern formed during consolidation suggests accumulation before the upward move. Additionally, the Bollinger Bands squeeze indicated low volatility, which expanded with today’s breakout. Understanding key support and resistance levels helps traders plan entry and exit points. Support levels act as price floors, while resistance levels serve as ceilings. Watching how price behaves around these levels after a breakout can confirm the trend’s strength. Combining these tools improves trading decisions and risk management. How to Trade Garden Reach Shipbuilders – Bullish Scenario (Long Trade): For a bullish trade, a good entry point would be on a sustained move above the immediate resistance zone near 2833 to 2850. Confirmation of the breakout with continued volume support would reduce the risk of a false breakout. Traders can place a stop loss just below the breakout zone or the recent consolidation support around 2534.6 (S1) to protect capital in case the trend reverses. Once in the trade, the next resistance levels to watch are at R1 (2887.6), R2 (3019), and R3 (3240.6). Trailing stops can be used to lock in gains as the price moves higher, maintaining flexibility to ride the trend. Overall, this setup offers a high-probability opportunity to capitalize on the bullish momentum, with volume and price action supporting a sustained upward move in GRSE. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:GRSELong
by simpletradewithpatience
Technical Chart Study - Ascending Triangle📊 FORTIS HEALTHCARE LTD – Technical Chart Study 🗓️ Date: May 22, 2025 | NSE: FORTIS | Chart Type: Daily Price Action: Fortis Healthcare has shown strong price action recently, with a high of 741.35 and a close at 723.80, up significantly from the previous close of 672.05. Notably, the stock has tested highs close to the 740-745 range multiple times in the past few months, indicating a strong resistance zone around these levels. Chart Pattern: An ascending triangle pattern is visible on the daily chart. This pattern is generally bullish and forms as the stock creates higher lows around 577 and 595.80 while repeatedly hitting resistance near 743-745. The points marking this triangle show the stock is coiling up, gathering strength for a potential breakout above the resistance. Volume Analysis: Volume has surged to 11.79 million shares, which is approximately 5 times the 20-day average volume of 2.03 million. This significant volume breakout along with the price increase suggests strong buying interest and adds credibility to a possible breakout from the ascending triangle pattern. Support and Resistance: Key resistance levels to watch are 752.93, 782.07, and 822.78, which act as potential targets if the breakout happens. On the downside, support zones lie at 683.08, 642.37, and 613.23. The triangle pattern specifically confirms support between 572 and 595.80 and resistance around 724.95 to 744.50. Educational Insights: Fortis currently exhibits strong bullish momentum supported by several technical signals. These include a 52-week volume breakout, RSI breakout signaling buying strength, MACD bullish crossover indicating upward momentum, Bollinger Band breakout for volatility expansion, and a bullish VWAP confirming price strength throughout the day. Additionally, the TTM Squeeze indicator signals a potential explosive move as the stock “releases” from consolidation. How to Trade: Based on the ascending triangle pattern observed in Fortis Healthcare, traders may watch for a breakout above the resistance zone near 744.50 to 745, supported by increased volume, as a possible indication of upward momentum. The pattern suggests that the price could potentially rise by approximately the same range as the height of the triangle, projecting a level near 915. As the price progresses, it may encounter resistance around 752.93, 782.07, and 822.78. For risk management, traders may consider placing a stop loss near key support levels around 595.80 or use an ATR-based stop loss below 664, depending on individual risk tolerance and strategy. Please note that technical patterns do not assure future outcomes, and market conditions are subject to change. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:FORTISLong
by simpletradewithpatience
Massive Breakout with Volume Spike!📈 AUTHUM INVEST – Massive Breakout with 5X Volume Spike! 🕒 Date: May 14, 2025 | 📊 Chart: Daily (1D) | 🚀 52-Week High Breakout | 📊 Price Action Authum Investment just exploded with over +10% gains in a single day! It’s not just a price move—it’s a power move. With 5X average volume and a fresh breakout above its previous 52-week high, this stock demands attention. 📊 Chart Pattern The chart highlights indicate a strong bullish momentum, backed by a significant bullish candle and a breakout in 20-day volume. Additionally, the stock has achieved a 52-week breakout, with the "Buy Today, Sell Tomorrow" signal actively triggered. RSI and Bollinger Band breakouts further support this upward movement, signaling potential continuation. The BBSqueezeOff indicator suggests an expected expansion phase, signaling that market volatility could increase. Furthermore, an intraday alert is active, enhancing the trade’s immediate potential for profitable action. 📊 Support and Resistance Analysis The current market price (CMP) stands at 2,135.60, with several key price levels to watch. The red boxes indicate resistance levels, starting with 🟥 Resistance 1 at 2,200.4, followed by 🟥 Resistance 2 at 2,265.2, and 🟥 Resistance 3 at 2,385.4. These are the price points where selling pressure may arise, potentially limiting upward movement. On the other hand, green boxes highlight the support levels, beginning with 🟩 Support 1 at 2,015.4, followed by 🟩 Support 2 at 1,895.2, and 🟩 Support 3 at 1,830.4. These are the price zones where buying interest may pick up, potentially preventing further declines. Additionally, there is a ✅ Major Demand Zone around 1,300–1,400, which could serve as a strong area for potential price reversals. These key levels are essential for forming a clear strategy based on price action and market dynamics. 📘Educational Insights How Traders Can Trade This Setup: For Traders, consider entering the trade near the price range of 2,120–2,150. Set target zones at 2,200, 2,265, and 2,385, and place your stop loss below 2,015 to manage risk. The breakout has occurred with high volume, supported by key indicators like RSI, VWAP, and momentum, suggesting a potential bullish continuation. Remember, volume confirms conviction, so always keep an eye on market strength. Smart risk management is essential to avoid overexposure. As with any trade, ensure it aligns with your risk tolerance and trading plan. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow 🔔 so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:AIILLong
by simpletradewithpatience
3
Technical & Earnings-Based Analysis📊 Dhanuka Agritech Ltd. – Technical & Earnings-Based Analysis Date: May 16, 2025 Exchange: NSE Current Market Price (CMP): ₹1,613.00 % Change: +11.12% | Volume: 537K Price Action Summary The stock exhibited strong bullish momentum, closing near the day's high—indicating intense buying pressure. This price surge aligns with a breakout from a descending channel, typically a bearish pattern, but the upward breakout with volume confirms a potential trend reversal. Chart Pattern & Indicator Insights - Descending Channel Breakout (bullish reversal) - A pattern typically associated with bearish continuation has been invalidated, as the stock broke out on the upside—indicating a reversal of prior weakness. - Breakout Confirmation: Accompanied by a volume spike, RSI breakout, and Bollinger Band expansion, suggesting strengthening bullish momentum. - TTM Squeeze Indicator: Signaled a bullish breakout near ₹1,427.60, indicating a shift from a low-volatility phase to directional movement. - 52-Week Volume Breakout: The recent session marked the highest volume in a year, reinforcing the validity of the breakout. - Strong Bullish Candle: Price action closed near the high of the day, forming a decisive bullish candle—another sign of aggressive buyer interest. - Bollinger Band Breakout: Suggests increasing volatility and potential for continued upward price movement. Resistance and Support Levels - The major resistance target is at 1,886.33, representing a significant hurdle for further upward movement. - The next resistance level is at 1,762.87, which could act as an intermediate barrier to price advances. - A minor resistance is observed at 1,687.93, where the stock may face some selling pressure. - Strong support is established at 1,489.53, providing a critical level to protect against downside risk. - The key demand zone lies at 1,366.07, where buying interest is expected to emerge if prices decline further. - The base support is around 1,291.13, marking a deeper floor for the stock in case of extended correction. Dhanuka Agritech Q4 FY25 Results Summary - The company reported a 28% increase in consolidated net profit, reaching 755 million for the quarter. - Total income rose by 18.13% to 4.53 billion, driven by strong demand in the agrochemical segment. - Sales grew by 20.01% year-on-year, reflecting robust market performance. - For the full fiscal year, net profit increased by 24.20% to 2.97 billion, highlighting consistent growth. - These positive earnings underpin the recent bullish price action and strengthen the stock’s outlook. Educational Insights: How to Trade Dhanuka Agritech: With the recent bullish momentum observed in the market, there may be potential opportunities for both swing and intraday traders to consider positions aligned with this trend. Traders looking for a long setup from the current price levels could consider using the 1489 level as a reference point for potential stop-loss placement, helping manage risk effectively. Potential target levels may be identified based on further price action and market conditions, which traders should evaluate prudently. In case of profit booking or a pullback from the current levels, the zone between 1472.90 and 1420 could act as a possible area of support, where price may find interest from buyers. Traders may observe price behavior closely in this range for potential setups while adhering to proper risk management. Risk Management Note: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. Disclaimer: This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter!
NSE:DHANUKALong
by simpletradewithpatience
8
Chart Patterns Say Something Big is Brewing!📈 JK LAKSHMI CEMENT – Chart Patterns Say Something Big is Brewing! 🕒 Date: May 14, 2025 | 📊 Chart: Daily (1D) | Triangle Pattern Breakout! 📊 Price Action JK Lakshmi Cement closed at ₹861.95, delivering an impressive gain of ₹49.20 (+6.05%) from the previous close of ₹812.75. This bullish price action was supported by a notable spike in volume, with 375.89K shares traded, which is significantly higher than its recent average—indicating strong institutional or informed buying interest. 📊 Chart Pattern The current chart setup reflects strong bullish momentum supported by multiple technical confirmations. The RSI has broken out of its previous range, signaling increased buying strength. A recent MACD crossover further reinforces the upward trend, indicating potential continuation. Bollinger Bands are expanding, which typically suggests rising volatility, and a BB Squeeze-off breakout appears imminent—often a precursor to significant price movement. Additionally, there’s a 20-day volume breakout, highlighting strong market participation. With the price nearing a key resistance level, a breakout above this zone could trigger a fresh rally if sustained by broader market strength. 📊 Support and Resistance Analysis At the current market price (CMP) of 861.95, traders should closely monitor the nearby key levels to plan entries and exits. On the upside, the first resistance lies at 🟥 885.97, followed by 🟥 909.98 and a stronger barrier at 🟥 950.47. These levels could act as hurdles if bullish momentum continues. On the downside, the first line of defense is at 🟩 821.47, with further support at 🟩 780.98 and 🟩 756.97. If the price weakens significantly, a cautionary zone emerges near ⚠️ ~640, which may offer only weak support. These levels are crucial for risk management and trade planning, especially for intraday or swing traders. 📘Educational Insights How Traders Can Trade This Setup: Traders can observe this setup where the suggested entry range lies between 855–870, either on minor pullbacks or a confirmed breakout. The potential target zones are 885, 909, and 950, with a stop loss placed below 821 to protect capital and limit downside risk. Technically, the setup is backed by a triangle pattern breakout on strong volume, indicating a higher probability move—but it's crucial to manage risk and position size carefully. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow 🔔 so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:JKLAKSHMILong
by simpletradewithpatience
3
Bullish Signal with Volume Breakout!📈 TECHNO ELECTRIC – Bullish Signal with 10-Day Volume Breakout! 🕒 Date: May 14, 2025 | 📊 Chart: Daily (1D) 📊 Price Action Today, Techno Electric surged nearly +6.83%, supported by a sharp rise in volume – marking a 10-Day Volume Breakout. This price action is catching attention, especially with multiple bullish confirmations! 📊 Chart Pattern A strong bullish candle, often referred to as a Marubozu type, signals the market’s upward momentum, especially when accompanied by a breakout in the Relative Strength Index (RSI), which indicates fresh upward strength. This combined with a Bollinger Band breakout marks the end of a consolidation phase and a transition to a more volatile, bullish trend. On top of that, a bullish VWAP confirms that intraday buyers are in control, further adding confidence to the bullish outlook. The "Buy Today, Sell Tomorrow" signal provides a clear intraday trading setup. When the BBSqueeze (Bollinger Band Squeeze) is on-compression, it suggests that a breakout is likely to follow after the market has been trading in a tight range. Lastly, the good follow-up on recent price action ensures that the strength behind the move is consistent, reinforcing the validity of the bullish signal for potential trades. 📊 Support and Resistance Analysis The current market price (CMP) of the stock is 1,193.70. The resistance levels are marked as follows: Resistance 1 at 1,222.53 (🟥), Resistance 2 at 1,251.37 (🟥), and Resistance 3 at 1,304.73 (🟥). These levels indicate areas where the price might face resistance. On the other hand, the support levels are marked as Support 1 at 1,140.33 (🟩), Support 2 at 1,086.97 (🟩), and Support 3 at 1,058.13 (🟩), highlighting potential areas where the stock might find buying interest. Additionally, there is a Major Support Zone between 850 and 900 (🟩), which has been marked based on past accumulation and can serve as a strong base if the price revisits this region. These levels are essential for traders to track in order to make informed decisions on potential market movements. 📘Educational Insights How Traders Can Trade This Setup: For traders looking to enter a trade, the ideal entry zone is around 1,180–1,200. Key target zones to watch are 1,222, 1,251, and 1,304. Set the stop loss below 1,140 to protect your capital. With a bullish chart structure and strong volume backing the breakout, there's good potential for continued upward movement. However, the first resistance at 1,222 should be monitored, and partial profits can be taken at resistance levels. Always risk only a small portion of your capital and let the chart guide your decisions. ⚠️ Risk Management For traders, especially beginners, it’s important to start with smaller quantities to manage risk. Always align with the market trend, and most importantly, never forget to use a stop loss to protect your capital from unforeseen moves. Trading should be done with discipline to ensure long-term success. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow 🔔 so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:TECHNOELong
by simpletradewithpatience
2
Power-Packed Breakout with Heavy Volume!📈 HBL POWER SYSTEMS LTD – Power-Packed Breakout with Heavy Volume! 🕒 Date: May 14, 2025 | 📊 Chart: Daily (1D) 📊 Price Action HBL Power made a powerful statement in the market today, rallying sharply by +12.34% in a single session. What really caught traders' eyes wasn’t just the price spike—but the extraordinary surge in trading volume. Over 20 million shares exchanged hands, which is nearly 20 times the average daily volume, signaling heightened institutional or speculative interest. 📊 Chart Pattern The chart is currently showing a powerful bullish setup backed by multiple technical confirmations. Firstly, there's a significant 20-day volume breakout, indicating the highest trading activity in nearly a month—this kind of volume surge often precedes major price moves. The candle formed is bullish and accompanied by strong upward momentum, confirming active buying interest. Adding to the strength, both RSI and MACD have broken out, signaling a potential shift into a new uptrend. Another critical signal is the price crossing above the 200-day EMA, a long-term bullish indicator suggesting sustained strength. Furthermore, the Bollinger Bands have shown a breakout along with a squeeze release, hinting at a volatility expansion following a period of consolidation. Importantly, the day began with an “Open = Low” candle pattern, reflecting strong buyer control right from market open. Lastly, this entire setup aligns with a classic "Buy Today, Sell Tomorrow" opportunity, making it a high-probability short-term trade setup favored by momentum traders. 📊 Support and Resistance Analysis The support and resistance analysis reveals key price zones that can guide traders in making informed decisions. Currently, the price stands at 569.05, and the 🟥resistance levels are at 594.83, 620.62, and 664.28. These levels represent potential points where the price may face selling pressure. On the other hand, the 🟩support levels are at 525.38, 481.72, and 455.93, indicating areas where the price might find buying interest and prevent further declines. A significant major support zone lies at 405.00, which is considered a strong support zone. Traders often use these support and resistance levels to set their entry and exit points, as well as stop-loss orders, to manage risk effectively. Understanding these key zones is essential for navigating market movements and making strategic trading decisions. 📘Educational Insights How Traders Can Trade This Setup: For those looking to trade this setup, it is crucial to follow a beginner-friendly trading plan that allows for better risk management and clarity. The entry idea suggests positioning near the current price or on slight dips, ensuring that traders are not overpaying for the asset and can capture favorable market conditions. The short-term targets are set at 594.83 and 620.62, allowing traders to aim for achievable goals within a relatively short period. To manage risk, a stop loss is recommended below 525.38, ensuring that losses are limited if the market moves against the position. The technical setup looks highly promising for a bullish continuation. All technical signals and indicators are aligned in favor of an upward move, and volume confirmation supports the idea of strong institutional buying. However, the resistance at 595 could pose a challenge, so traders should consider partial profit booking once this level is reached. This allows for securing profits while still leaving room for further upside potential. ⚠️ Risk Management For traders, especially beginners, it’s important to start with smaller quantities to manage risk. Always align with the market trend, and most importantly, never forget to use a stop loss to protect your capital from unforeseen moves. Trading should be done with discipline to ensure long-term success. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow 🔔 so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:HBLENGINELong
by simpletradewithpatience
3
Breakout Alert!📈 RAILTEL CORP OF INDIA LTD (RAILTEL) – Breakout Alert! 🕒 Date: May 14, 2025 | 📊 Chart: Daily (1D) 📊 Price Action RAILTEL delivered an exceptionally strong price action today, surging by +9.42% and closing with a dominant bullish candle. What truly makes this move stand out is the massive volume behind it—over 14.32 million shares traded, nearly five times the stock’s average daily volume. This sharp uptick, combined with unusually high participation, suggests strong institutional or smart money interest. The candle itself signifies bullish conviction, as it closed near the day’s high, with minimal wick on the upside—indicating buyers remained in control throughout the session. 📊 Chart Pattern The current chart pattern presents several key signals that suggest a potential strong move in the market. Firstly, a 20-day volume breakout indicates heightened investor interest, potentially leading to a continuation or reversal of the current trend. Alongside this, the RSI breakout shows that momentum is shifting towards the bulls, signaling increased buying pressure. The Bollinger Band breakout combined with the BB squeeze off points to a likely big move after a period of consolidation. The formation of a "W" pattern is another bullish signal, often indicating the reversal of a downtrend and the beginning of a bullish trend. Additionally, the 5X volume coupled with a strong candle suggests that institutional investors may be showing interest, further supporting the idea of a strong upcoming trend. All these indicators combined paint a promising picture of potential upward movement in the market. 👀 📊 Support and Resistance Analysis In the current technical setup, the stock is navigating through clearly defined support and resistance zones. On the upside, the immediate barrier lies at 🟥 Resistance 1: 369.88, where previous price action shows selling pressure and a pause in upward momentum. If the stock successfully breaches this level, it may head towards 🟥 Resistance 2: 383.22, a historically significant zone that could again act as a hurdle. A further rally may encounter strong resistance around 🟥 Resistance 3: 406.43, which marks a critical level where the price has reversed in the past, indicating strong supply and potential profit booking. On the downside, 🟩 Support 1: 333.33 acts as the immediate cushion, providing a base where buyers have previously stepped in. If this level fails to hold, the stock could slide toward 🟩 Support 2: 310.12, a level that has provided reliable support in prior corrections. In case of extended weakness, 🟩 Support 3: 296.78 serves as the last major support zone, which could attract long-term buyers looking for value entry points. These levels are crucial for traders to monitor as they can help in planning entries, exits, and stop losses based on market behavior. 📘Educational Insights How Traders Can Trade This Setup: Based on the technical pattern observed, traders can consider a potential entry near the current market price or wait for a slight dip for a better risk-reward setup. The immediate price objective could be Resistance 1 at 369.88, making it a logical short-term target 🎯. To manage risk effectively, a stop loss should be placed below Support 1 at 333.33 📉 — this helps protect capital in case the trade doesn’t go as expected. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow 🔔 so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:RAILTELLong
by simpletradewithpatience
2
Strong Technical Breakout Backed by Solid Q4 Earnings🚀 TITAN Technical Analysis | Strong Technical Breakout Backed by Solid Q4 Earnings 📅 Date: May 10, 2025 🕒 Timeframe: Daily 💹 Stock: TITAN (NSE) 📊 Price Action Update: Titan Company Ltd delivered a stellar performance on May 09, 2025, closing at 3510.30, up by 4.18%. A large bullish candle formed on the daily chart, signaling aggressive buying interest. What makes this move significant is the price breaking above a falling trendline that had acted as a strong resistance zone for several months. The move was backed by strong volume, indicating the presence of institutional buying. This surge came right after the announcement of robust Q4 results, adding a strong fundamental backing to the technical breakout. 🧠 Technical Overview: Titan's technical outlook is bullish as several indicators are aligning to suggest an ongoing uptrend. The Relative Strength Index (RSI) has crossed above 60, signaling increasing upward momentum. Additionally, the MACD has generated a bullish crossover, and the price action has breached the upper Bollinger Band, often indicating a potential expansion in volatility. The Bollinger Bands Squeeze is nearing its end, suggesting that a breakout could occur soon, reinforcing the expectation of a continued price rise. These combined signals form a strong technical case for traders looking at short- to medium-term opportunities. 🧱 Support & Resistance Analysis: In terms of support and resistance, the stock faces immediate hurdles at 3575.47 (R1), followed by 3640.63 (R2) and 3751.27 (R3). The major resistance zone lies at 3886.95. On the downside, the stock finds strong support around 3399.67 (S1), with additional cushions at 3289.03 (S2) and 3223.87 (S3). The major long-term support lies at 2925.00. Traders should watch the 3399–3450 zone closely—any dip into this area could offer a low-risk buying opportunity with a good risk-reward setup. 🔍 Volume Analysis Volume played a crucial role in validating Titan's technical breakout, with 2.86 million shares traded today—nearly three times the average of 1.03 million. This surge in volume signals strong buying interest and confirms institutional participation. Notably, the stock also achieved a 20-day volume breakout, often indicating sustained momentum. Previous breakouts in Titan faltered when volume was low, but this time, the combination of strong volume and price action makes the breakout more reliable, suggesting further upside potential. This spike in volume strengthens the bullish outlook and supports the idea of a new uptrend. 📌 Educational Insight: Titan's recent breakout serves as a textbook example of how technical patterns align with strong fundamental performance. The company posted robust Q4 results, with a 10.7% YoY increase in profit (Rs 870 Cr), a 19.7% rise in revenue (Rs 13,477 Cr), and a 29.7% surge in EBITDA (Rs 1,438 Cr). Margins expanded from 9.9% to 10.7%, and a dividend of Rs 11 per share was declared. The increased demand in premium jewelry and gold coin segments further supports the bullish narrative. From a technical perspective, the breakout coincided with a volume surge, further validating the strength of the move. The key lesson here is that when strong fundamentals and bullish technicals align, they can trigger sustainable price movements. Traders should wait for pullbacks to support zones, such as the 3399–3450 range, for low-risk entry opportunities. This setup is ideal for short-term strategies like "Buy Today, Sell Tomorrow (BTST)" or swing trades with defined stop-loss and target levels. Always ensure proper risk management and never rely solely on indicators. 🎯 How to Trade Titan: Neutral View - If Titan's price sustains above ₹3534 with sufficient volume, it could potentially continue its movement toward ₹3640–3750. However, if the price faces resistance in the ₹3534–3575 zone, a reversal toward ₹3400 or lower may occur. Traders should monitor price action closely around these key levels for potential entry and exit points. ⚠️ Disclaimer: This content is for educational purposes only and does not constitute financial advice. Trading involves risk, and you should conduct your own research and consider your financial situation before making any investment decisions. Please consult with a certified financial advisor for personalized guidance. The information provided is based on current market conditions and is subject to change.
NSE:TITAN
by simpletradewithpatience
3
Bullish Signal with EMA Crossover and TTM SqueezeESCORTS (2.64%) Bullish Signal with EMA and TTM Squeeze Breakout ESCORTS shows a promising bullish setup, with a Strong Bullish Candle and an EMA 200 Crossover signaling a potential long-term trend reversal. The RSI Breakout and Bollinger Band Breakout further confirm the bullish outlook. A TTM Squeeze breakout also indicates increasing volatility, which could propel the stock further upwards. Resistance Levels: 3482-3517-3572 Support Levels: 3392-3338-3302 Entry: @/above 3463.20 Stop Loss: @/below 3244.80 Volume Analysis: Volume has been increasing steadily, with higher than the average volume of 115.43K on 23rd April. This shows increased investor activity and potential momentum building.
NSE:ESCORTSLong
by simpletradewithpatience
Bullish Momentum with EMA200 and Volume Confirmation📈 CRISIL Technical Analysis | Bullish Momentum with EMA200 and Volume Confirmation 📅 Date: May 08, 2025 📈 Timeframe: Daily 🔍 Stock: CRISIL(NSE) 📊 Price Action Update (Today): CRISIL surged by +6.59%, closing at 5,010.30, after trading in a range between 4,690.20 and 5,050.00. The stock formed a strong bullish candle, resembling a Marubozu, with a close near the day’s high — a clear sign of aggressive buying. This breakout comes after a tight consolidation phase, and is supported by heavy volume, indicating strong participation and conviction in the move. 🧠 Technical Overview: CRISIL has shown a decisive shift in structure with today’s breakout above its 200-day EMA, signaling a potential trend reversal. The stock had been consolidating in a narrow range for several sessions, building energy for a directional move. Today's breakout is validated by a surge in volume (2.5x the 20-day average), along with supportive indicators like RSI crossing 60, Bollinger Band expansion, and the TTM Squeeze turning OFF. These combined signals suggest that the stock is entering a momentum phase, where further upside is likely if follow-through buying continues. Immediate attention should be on price behavior around the next resistance at 5,143. 🧩 Chart Pattern Insight: The price action on the daily chart reveals a rectangle consolidation breakout. CRISIL had been trading within a well-defined horizontal range, forming a base between 4,600 and 4,800 for several sessions. This pattern represents a period of accumulation. Today’s strong breakout candle marks a range breakout with volume confirmation, turning the previous resistance zone into potential support. The structure resembles a base breakout pattern, often seen before the start of a new uptrend. A sustained move above the breakout zone may lead to a measured move towards the next resistance levels. 🧱 Support & Resistance Analysis: Post-breakout, CRISIL has established a new support base around 4,784, which was previously a resistance level during consolidation. Below this, the next key supports lie at 4,557 and 4,423, providing a cushion in case of any pullbacks. On the upside, the immediate resistance to watch is 5,143, a level where price previously reacted. If the momentum continues, CRISIL may test 5,276 and 5,503 in the coming sessions. These levels will be crucial in determining whether the breakout evolves into a sustained trend or faces short-term profit booking. 🔍 Volume Analysis: The recent price movement in CRISIL shows a noticeable increase in volume, with traded volume at 2.5 times the 20-day average, suggesting heightened market activity. The breakout candle, paired with this significant volume, indicates a potential shift in the market trend. Prior to this, volume was relatively lower during the consolidation phase, indicating a period of accumulation or base-building. This typical volume pattern — lower during consolidation and higher during a breakout — strengthens the case for a potential trend change. The volume profile suggests a shift in market sentiment, with buying interest becoming more prominent in the 4,700–4,800 range. The breakout candle shows a notable volume exceeded 270K, indicating increased buyer participation. Additionally, selling pressure observed in the 4,500–4,700 zone seems to have been absorbed, which may indicate a potential for further price movement. 📌 Educational Insight: The recent breakout in CRISIL Ltd is a strong example of a trend reversal confirmed by volume, offering valuable insights for those studying price action, trend shifts, and volume dynamics. This setup illustrates how multiple indicators — including trend, volume, and volatility — align to suggest the potential for a trend continuation. Traders often look for such setups to make risk-defined entries during pullbacks. The breakout is characterized by significant volume and a full-bodied green candle on the daily chart, supported by several technical factors, such as volume and delta support, an EMA 200 crossover, and volatility expansion after a squeeze. The outlook for CRISIL Ltd remains bullish, driven by multiple technical confirmations. However, caution is advised as the price approaches Resistance Levels 1 and 2 (R1–R2), where profit booking may occur. Additionally, if the price falls below 4,783 with volume confirmation, traders should consider reevaluating their positions. ⚠️ Disclaimer: This analysis is purely educational and not a buy/sell recommendation. Please consult your financial advisor before making investment decisions. This content complies with SEBI guidelines and is intended to promote learning and market awareness.
NSE:CRISILLong
by simpletradewithpatience
4
How to Trade MARICOHow to Trade MARICO 📊 Technical Overview: Current Price Action: MARICO opened at 707 and closed at 736.35, indicating a positive shift from the previous close of 720.1. The stock has formed a Bullish Marubozu pattern, suggesting strong buying momentum. Key Indicators: MARICO is trading well above its 50-day EMA (675.32), 100-day EMA (660.55), and 200-day EMA (644.09), indicating a strong bullish trend. Volume Analysis: There is an increase in volume (3995818) compared to the previous day’s volume (2063870), signaling heightened market interest. 🔍 What to Watch: Resistance Levels: The key resistance levels are R1 (747) and R2 (757). A breakout above these could target R3 (777). Support Levels: On the downside, S1 (716) and S2 (696) are critical levels. A drop below S1 could trigger a potential pullback. Bullish Patterns: The Bullish Marubozu and strong bullish candle suggest strong buying pressure. 🧠 STWP Insights: Momentum to Watch: The RSI breakout signal and Bullish VWAP setup support further upward movement. Watch for a breakout above R1 (747) for a continuation of the bullish trend. Swing Trade Potential: With strong support at S1 (716), MARICO may be a good candidate for a swing trade with upward potential towards R2 (757). 📌 Disclaimer: This post is for educational and informational purposes only. It does not constitute investment advice or a recommendation. Please consult your financial advisor before making any investment decisions. STWP and this post are fully compliant with SEBI regulations and promote responsible market learning.
NSE:MARICOLong
by simpletradewithpatience
How to Trade SBICARDHow to Trade SBICARD 📊 Technical Overview: Current Price Action: SBICARD opened at 862.2 and closed at 914.65, showing a positive move from the previous day's close of 889.7. The stock has formed a Bullish Engulfing pattern, indicating possible continuation of the uptrend. Key Indicators: The stock is currently trading above its 50-day EMA (858.07) and 100-day EMA (822.96), suggesting a bullish short to medium-term outlook. The 200-day EMA (789.38) is further below, offering long-term support. Volume Analysis: Volume (1590048) has increased compared to the previous day's volume (917982), indicating rising interest. 🔍 What to Watch: Resistance Levels: Watch for resistance at R1 (933) and R2 (951). A break above these levels could lead to a test of R3 (987). Support Levels: S1 (879) and S2 (844) are key support levels. A drop below these levels could signal a possible reversal or consolidation. Bullish Patterns: The stock shows a strong bullish candle, and Bullish VWAP could indicate further upward momentum. 🧠 STWP Insights: Momentum to Watch: With a RSI breakout and Bullish Momentum, SBICARD is likely to continue its positive trend. Keep an eye on R1 (933) and R2 (951) for possible breakout opportunities. Swing Trade Potential: The Bullish Engulfing pattern and rising volume suggest the stock could be a candidate for swing trades if it holds above S1 (879). 📌 Disclaimer: This post is for educational and informational purposes only. It does not constitute investment advice or a recommendation. Please consult your financial advisor before making any investment decisions. STWP and this post are fully compliant with SEBI regulations and promote responsible market learning.
NSE:SBICARDLong
by simpletradewithpatience
1
How to Trade KPITTECHHow to Trade KPITTECH 📊 Technical Overview: Current Price Action: KPITTECH opened at 1212 and closed at 1283, indicating a bullish movement. The stock is showing a Bullish Engulfing pattern, suggesting a potential continuation of the upward trend. Key Indicators: The stock is above its 50-day EMA (1254.2) but still below the 100-day EMA (1318.49). The 200-day EMA (1391.85) is further away, showing that the stock is in a short-term bullish phase. Volume Analysis: A rise in volume (1379368) compared to the previous day's volume (894504) highlights growing interest in the stock. 🔍 What to Watch: Resistance Levels: Watch for possible resistance at R1 (1309) and R2 (1334). If the stock manages to break these levels, it could test R3 (1383). Support Levels: On the downside, S1 (1235) and S2 (1186) could offer support. A move below these levels could lead to a further pullback. Bullish Patterns: A strong bullish candle and Bullish VWAP suggest positive momentum. 🧠 STWP Insights: Momentum to Watch: The RSI breakout and Bullish Momentum indicators are signaling potential for a strong move upward. Consider watching for a breakout above 1309 to take advantage of the momentum. Swing Trade Potential: With the stock trading above the 1254 support, a continuation toward R1 (1309) could be possible, offering a potential swing trade opportunity. 📌 Disclaimer: This post is for educational and informational purposes only. It does not constitute investment advice or a recommendation. Please consult your financial advisor before making any investment decisions. STWP and this post are fully compliant with SEBI regulations and promote responsible market learning.
NSE:KPITTECHLong
by simpletradewithpatience
1
How to Trade CHOLAFINHow to Trade CHOLAFIN 📊 Technical Overview: Current Price Action: CHOLAFIN opened at 1505 and closed at 1574.5, showing a positive movement from the previous day’s close of 1530.6. The stock has formed a strong Bullish Engulfing pattern, suggesting potential upward momentum. Key Indicators: The stock is currently trading above its 50-day EMA (1479.28) and 100-day EMA (1428.41), indicating a short to medium-term bullish trend. However, it's still below the 200-day EMA (1378.76), which could act as a long-term resistance. Volume Analysis: There was an increase in trading volume (2446096) compared to the previous day's volume (1385877), indicating rising interest. 🔍 What to Watch: Resistance Levels: Keep an eye on the R1 (1609) and R2 (1643) levels, as these could act as key price targets if the stock continues its upward momentum. Support Levels: On the downside, S1 (1523) and S2 (1471) could act as important support zones. A move below these levels could indicate a potential reversal or consolidation. Bullish Patterns: The stock has shown a Bullish Piercing pattern and is trading with a strong bullish candle, suggesting potential for a continued uptrend in the short term. 🧠 STWP Insights: Momentum to Watch: With RSI breakout signals emerging and a bullish VWAP (Volume-Weighted Average Price) setup, CHOLAFIN could see further upward movement. The stock may be a candidate for swing trades if it continues to maintain its momentum above the 1523 support. Possible Demand Zone: If the stock dips, consider looking for a potential entry in the 696.50-701.95 range based on previous support zones. 📌 Disclaimer: This post is for educational and informational purposes only. It does not constitute investment advice or a recommendation. Please consult your financial advisor before making any investment decisions. STWP and this post are fully compliant with SEBI regulations and promote responsible market learning.
NSE:CHOLAFINLong
by simpletradewithpatience
Falling Wedge Breakout + AB=CD Bullish Pattern | Daily Chart📈 KEI INDUSTRIES LTD – Falling Wedge Breakout + AB=CD Bullish Pattern | Daily Chart 🗓️ Date: May 07, 2025 💹 Timeframe: Daily 🏢 Stock: KEI Industries Ltd (NSE) 📊 Chart Analysis Overview: KEI has broken out of a Falling Wedge pattern, a classic bullish continuation/reversal signal, backed by strong volume surge and a completed AB=CD harmonic leg — indicating the bulls are stepping in with conviction. After weeks of corrective move, the price respected the wedge’s support, formed higher lows, and has now convincingly breached the upper trendline. 🔎 Pattern Breakdown: ✅ Falling Wedge: Identified with red trendlines showing price compression. ✅ AB=CD Harmonic: Blue legs marking symmetrical retracement and projection. ✅ Breakout Confirmation: Bullish candles closing above the wedge resistance with momentum. 📌 Key Technical Levels: 🔴 Support Zone: ₹2,424 (Previous swing low & harmonic completion) 🟢 Resistance Ahead: ₹3,324 (Recent price ceiling) ⚡ CMP: ₹3,318.50 A clean close above ₹3,324 could ignite the next leg of momentum, possibly toward ₹3,500–₹3,650 in coming sessions. 📈 Volume Insight: Breakout is supported by a noticeable volume expansion — suggesting participation by smart money and institutional interest. 📰 March Quarter Results – Strong Fundamentals: 📈 Consolidated Net Profit: 🟢 ₹226.5 Cr — up 34.5% YoY (vs ₹168.5 Cr last year) 📊 Revenue: 🟢 ₹2,914.8 Cr — up 25.1% YoY (vs ₹2,329.9 Cr) This earnings momentum adds a fundamental tailwind to the ongoing technical rally. 🧠 Market Bias & Strategy: As long as the price holds above ₹3,000 and respects the breakout structure, the trend favors bullish momentum traders. 📍 Lookout for a pullback-to-retest near ₹3,200–₹3,250 as a potential entry zone with low-risk, high-reward setup. 🔔 Disclaimer: This analysis is for educational purposes only, not investment advice. Always do your own research or consult your advisor before trading.
NSE:KEILong
by simpletradewithpatience
6
Strong Bullish Momentum and Volume SurgeAUBANK (8.41%) Bullish Momentum Building AUBANK is showing promising bullish signs across several technical indicators. A Bullish Marubozu candlestick has formed, complemented by an RSI Breakout, signaling a shift toward bullish momentum. The stock has broken out of the Bollinger Bands, with VWAP and Volume confirming the strength of this move. Resistance Levels: 684-702-733 Support Levels: 634-602-584 Entry: @/above 669.90 Stop Loss: @/below 590.75 Volume Analysis: A significant volume breakout was observed on April 23rd, surpassing the average volume of 4.65M, suggesting strong market interest and buying power.
NSE:AUBANKLong
by simpletradewithpatience
Bullish Momentum with RSI and Bollinger BreakoutMOTILALOFS (6.16%) Bullish Trend and Breakout MOTILALOFS is showing strong bullish momentum, with a Bullish Marubozu candlestick signaling the continuation of upward momentum. The RSI Breakout and Bollinger Band Breakout both point to an increase in buying pressure. The volume has seen a notable uptick, confirming the strength of the bullish move. Resistance Levels: 787-805-834 Support Levels: 740-711-693 Entry: @/above 775.95 Stop Loss: @/below 653.65 Volume Analysis: Volume has been significantly higher than average, with a noticeable volume of 8.29M on 23rd April. This suggests that institutional or large players might be entering the stock.
NSE:MOTILALOFSLong
by simpletradewithpatience
Bullish Breakout SetupSONACOMS (5.95%) Bullish Setup Alert We are seeing a strong bullish signal for SONACOMS, with multiple key indicators aligning for a potential breakout. A Bullish Marubozu candlestick has formed, indicating strong bullish momentum. Additionally, the RSI has broken out, signaling increasing buying strength. The SuperTrend and VWAP both confirm bullish sentiment, while the TTM Squeeze suggests a volatility breakout in the making. Resistance Levels: 488-497-515 Support Levels: 461-444-434 Entry: @/above 479.85 Stop Loss: @/below 448.30 Volume Analysis: Volume has been robust, which could suggest accumulation and increased market interest.
NSE:SONACOMSLong
by simpletradewithpatience
KOTAK BANK NEAR FLAG BReakoutKotakBank is nearly Flag Breakout on Monthly Candle (Wait more 7 days to Finish MOnthly Candle with Big Bull Breakout) Wait for Proper Breakout beacuse its 4 time where Chart is going to test same Trendline. Flag Pattern Start from 2020- After 5 years its will going to break If we see fulll chart Stock taking support over 2013 Trendline before two months so there is more more possibility to give breakout if we see RSI chart its also show Breakout over MOnthly RSI trendline.. ## THis is my Just View, take position after all confromations and research by yourself## also see weekly chart - weekly showing strong big bull canle ( 1more Weekly Candle Require for final conformations)
NSE:KOTAKBANKLong
by StockviewPari
SHRIRAMFIN – Is the Bullish Momentum Here to Stay?🔥 SHRIRAMFIN – Is the Bullish Momentum Here to Stay? 💡 Market Action: ✅ Bullish Marubozu spotted – strong buyer interest! ✅ EMA 200 Crossover – long-term trend gaining strength. ✅ RSI Breakout – momentum picking up. 📌 Key Levels to Watch: 📈 Resistance: 590 | 599 | 615 🚀 📉 Support: 564 | 548 | 539 🛡 🔹 High: 582.25 | Close: 580.85 👀 Market Insight: Can SHRIRAMFIN sustain this bullish momentum and break past 590, or will it pause for a retest near 564 before the next move?
NSE:SHRIRAMFINLong
by simpletradewithpatience
APL Apollo - Bullish Momentum with RSI Breakout📈 Stock: APL Apollo (NSE: APLAPOLLO) 🔍 Closing Price: 1380.65 📊 Pattern: Bullish Engulfing, Strong Bullish Candle 📈 Momentum Indicator: RSI Breakout Key Observations: ✅ Bullish Engulfing confirms buying pressure. ✅ Strong Bullish Candle, signaling momentum shift. ✅ RSI Breakout, indicating strength and potential upside. ✅ Attempting to move out of the weak zone. Key Levels to Watch: 🔹 Support: 1332 – 1285 – 1258 🔹 Resistance: 1406 – 1432 – 1480 Trading Plan: 📌 Above 1406, potential upside towards 1432 and 1480. 📌 Below 1332, weakness may extend to 1285.
NSE:APLAPOLLOLong
by simpletradewithpatience