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.
Rsibreakout
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.
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.
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.
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.
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.
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)
VINATI - LARGER WAVE - BREAKOUT - BULLISH - LONG TERMHi Folks,
Vinati organics has been in price as well as time correction since September 2022. Almost, corrected for 2 years and maintained a falling wedge, cooling off RSI on weekly and Monthly timeframes while correcting for almost 700 points.
Fundamentals
Stocks in chemical/speciality chemicals sector are mostly sitting on operational capex with stable Margins, good order book and good PAT figures YOY. PE de rated and cooled down to their MEdian PE as compared to 2021 levels where it zoomed off. Operational leverage is yet to be played and PE expansion might kick in.
Technicals
1. Clear breakout on Weekly timeframe from falling wedge.
2. RSI made higher highs eventually breaking from falling trendline.
3. Overall Structure of larger trend is bullish wherein we are completing wave 4 and ready fro larger wave 5.
4. Price might retest 30 WEMA or consolidate around it but shall continue its upmove.
Not a trade recommendation, please do your own due diligence.
THE NEW INDIA ASSURANCEThe setup is low risk high reward.
A nice base formation refusing to fall 5 times.
Stage 2 Stock
New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake
Presently, the company operates through a network of 2,200+ offices across 29 states and 7 UTs in India
Presently, the company is a market leader in health, motor, liability, fire and marine line of insurance business.
It has ~14% market share in general insurance industry in India.
The company has operations in 28 countries. It has branches and agency offices in Abu Dhabi, Australia, Bahrain, Dubai, Fiji, Hong Kong, New Zealand, Mauritius, Japan, UK, Thailand, and others.
The company is strategically important to Govt. of India because of its dominant market position and because it is the flagship Indian general insurer in the international markets, with a desk at the prestigious Lloyd's syndicate in London. It can help the govt. to materially enhance insurance penetration in the country over the long term.
TPL PLASTECH LTD. Looking hot all parameters to go longHello Friends,
Here we had shared possible Elliott wave counts on chart of TPL Plastech ltd. which is showing currently we are in impulse wave, we have completed wave (1) and wave (2) of some degree, & now possibly we are unfolding wave (3), in which we had completed wave 1 and 2 and possibly now we are unfolding wave 3 and again in which we had completed wave (i) and wave (ii) and now we are unfolding wave (iii) of wave 3 of wave (3).
Overall, chart pattern is also supporting bullish bias, cup n handle chart pattern yet to breakout, and lots of other parameters supporting same bias are shared below as a snapshots.
My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Thanks
Cup n Handle chart pattern
Overall, Elliott wave structure
Trendline breakout along with good intensity of volume
Price challenging upper Bollinger band.
Price trading above 50DEMA, 100DEMA and 200DEMA
MACD positive in daily time frame
MACD positive in weekly
RSI in daily
RSI double breakout in weekly
DMI ADX positive strength in daily
DMI ADX positive strength in weekly
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
SAKTHI SUGARFundamentally there is nothing encouraging here however, purely on technical basis, this stock seems to be ready for a big move.
RSI breakout is an early indication, and the relative strength of the stock seems to be in a very sweet spot.
A triple bottom is adding confidence to this Low-Risk High Reward setup.
MTAR TECH – Strong Bullish BreakoutKey Points:
- Breakout from very Long period consolidation zone
- RSI > 70 and Crossed RSI MA
- All EMA crossed and good potential of up-move
- Resistance Level breakout
- Portfolio component
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
SUNFLAG IRON & STEELMarket Cap 1,608 Cr.
Promoter holding 51.2 %
Pledged percentage 0.00 %
Intrinsic Value 453
Stock P/E 7.72
Industry PE 16.70
ROCE 15.8 %
ROCE3yr avg 12.2 %
ROE 13.2 %
ROE 5Yr 11.6 %
OPM 12.7 %
EBIDT growth 3Years 17.5 %
Debt to equity 0.21
EPS 61 vs 12 last year
The product range includes : Rolled products, Billet/Bloom, Ingots, and Bright Bars etc. of varied shape and size range. These products are mainly used for manufacturing Automotive Transmission Gears, Drive Shafts, Steering System, Bearings, Exhaust System and other Engine Components to to various customers in South East Asian, North American and South American Countries, East African Countries, Europe, Japan, Taiwan and China.
It also supplies to Railways and Defence for critical/core applications.
The company owns and operates only 1 steel manufacturing plant in Bhandara, Maharashtra with a capacity of producing 5,00,000 tonnes p.a. of high-quality special steel. It has facilities like Sponge Iron Plant, Mini blast furnace, sinter plant, 30 MW captive power plant and other facilities.
The company is venturing into manufacturing of Super Alloy, which is an alloy for high performance applications like Aircraft Parts, Armaments, Submarine Parts, Space Vehicle and Rocket Engines, Nuclear Reactor, Supercritical Power Plants, etc. It received major machinery for commissioning its Super Alloy Project but due to lockdown the engineers from Germany at the Company's project site have been called back by their Government.
FOSECO INDIAMarket Cap 1,284 Cr.
Stock P/E 30.7
Industry PE 27.4
Dividend Yield 1.24 %
ROCE 22.2 %
ROE 16.6 %
OPM 14.5 %
Promoter holding 75.0 %
Pledged percentage 0 %
Free Cash Flow 14.4 Cr.
EPS 65.5 vs 51.2
- Foseco India Limited is engaged in the manufacture of products used in the metallurgical industry which are in the nature of additives and consumables that improve the physical properties and performance of castings.
- Key products and services include Industrial Dry Powders, Coating Products, Resin Products, Ceramic Filters and Exothermic Sleeves.
- It services the needs of Automotive, Railway and Heavy Transport, Construction and Mining, General Engineering and Petro-Chemicals and Power.
-The Co has state of the art manufacturing facilities in Pune and Pondicherry. It also imports products from its group manufacturing locations in other parts of the world. The company operates in a cellular manufacturing structure.
Keep a watch on SymphonyThe stock of Symphony has been following a descending triangle pattern. It has a strong demand zone near 800 levels and currently, its looking to give a bullish breakout from the trendline resistance. Next supply zone is around 1200-1220 levels.
The company has also announced a buyback at Rs. 2000/ share. Also, the summer heat might help boost the revenue in Q4 2023. These factors can support the breakout.
So, do keep this stock in watchlist as it is currently trading above 200 Weekly EMA and RSI breakout is also done.
Idea is shared only for educational purposes and please trade according to your research.
ONGC - Bullish BreakoutKey Points:
- On daily chart strong Bullish breakout momentum seen with potential of 15% rise from retracement price of Rs. 153
- Resistance breakout @ 153
- RSI > 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume is above VMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Zydus Life – Cup and Handle BreakoutKey Points:
- Bullish cup and handle patter with potential of 23% rise from current price
- Resistance breakout @ 474
- RSI near to cross 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume above average
- Super trend is possitive
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
M&M Finance -Bullish Ascending TriangleKey Points:
- Ascending Triangle
- Resistance @ 234 & Support @220
- RSI crossing 63
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Potential uptrend above 250 to 265 and next level 300
Bhav is Bhagwan - Find your Bhagwan
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any action.
The above view is shared just for educational purpose only.
Power Grid - Start Charging with +ve1. On daily chart with technical view I have seen bullish trendline breakout with upside move.
2. The closing price is also closed above 68% FAB retracement level which also shows positive trend.
3. MA i.e. 21-11 cross over is seen upward move.
4. RSI is near to 70 i.e. 68.
I can see 20 to 25 points upside move in near short term.
P.S. This technical analysis is my personal view and for education purpose. Before taking any action pl get advise from your financial advisor