Rsibullish — Trading Ideas on TradingView

WCIL - H&S Pattern | Breakout Above Resistance | Daily Chart 📊 WCIL – Breakout Above Resistance | RSI Bullish | Strong Volume | Fibonacci Levels | Daily Chart 📅 Chart Date: June 27, 2025 📈 CMP: ₹114.43 (+3.42%) 📍 Ticker: NSE:WCIL 🔍 Technical Analysis Summary 🔺 Breakout From Trendline & Resistance WCIL has broken out above horizontal resistance at ₹113.50 and long-term descending trendline, indicating strong bullish momentum Golden neckline breakout of a potential inverse head & shoulder / V-recovery formation 📊 Volume Spike Massive increase in volume (7.09M) confirms buying interest and validates the breakout 📈 RSI Indicator (14, Close) RSI at 70.85, trending upward and entering bullish territory Multiple Bullish RSI crossover signals provide confluence for the uptrend 🌀 Fibonacci Retracement Levels 38.2% – ₹107.94 50.0% – ₹121.13 (next key level) 61.8% – ₹134.31 100% – ₹177.00 (full retracement potential) 📍 Key Price Levels ✅ Breakout Zone: ₹113.50 🔼 Immediate Resistance: ₹121.13 🎯 Target Levels: ₹121 → ₹134 → ₹153+ 🛡️ Support Levels: ₹107.9 → ₹100 → ₹91 💡 Trade Idea Entry: Above ₹114 on confirmation with volume SL: Below ₹107.50 (close below previous resistance) Targets: ₹121 → ₹134 → ₹153 Risk-Reward: High conviction due to structure and volume ⚠️ Disclaimer This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.

MAHSEAMLES - Symmetrical Triangle Breakout 📊 MAHSEAMLES – Symmetrical Triangle Breakout | RSI Bullish | Volume Surge | Daily Timeframe 📅 Chart Date: June 26, 2025 📈 CMP: ₹736.55 (+7.20%) 📍 Ticker: NSE:MAHSEAMLES 🔍 Technical Analysis Overview 🔺 Symmetrical Triangle Breakout After months of consolidation within a symmetrical triangle pattern, MAHSEAMLES has broken out with a strong bullish candle Breakout level: Above ₹725, confirmed with strong price momentum Breakout marks potential trend reversal and beginning of new bullish phase 📊 Volume Volume spike to 1.77M, significantly higher than recent average – validates breakout strength 📈 RSI Indicator (14) RSI at 65.26, trending upwards – bullish zone Previous RSI Bullish signals noted at key turning points, providing confluence 📍 Key Technical Levels ✅ Breakout Level: ₹725 🚀 Potential Upside Targets (based on pattern height projection): ₹770 ₹800 ₹840+ 🛡️ Support Zones: ₹700 (retest zone) ₹670 (lower trendline support) ₹635 (triangle base) 💡 Trade Setup Idea Entry: On breakout close above ₹725 with confirmation Stop Loss: Below ₹695 (just under triangle resistance) Targets: ₹770 → ₹800 → ₹840+ Risk-Reward: Favorable with pattern breakout and rising momentum ⚠️ Disclaimer This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.

BIRLACABLE - Cup & Handle Breakout | Daily Chart 📊 BIRLA CABLE LTD (BIRLACABLE) – Cup & Handle Breakout with Fibonacci Targets | RSI Overbought | Volume Spike | Daily Chart 📅 Chart Date: June 18, 2025 📈 CMP: ₹208.05 (+14.11%) 📍 Ticker: NSE:BIRLACABLE 🔍 Technical Chart Breakdown ☕ Cup & Handle Pattern Breakout BIRLACABLE has confirmed a Cup & Handle breakout above the neckline at ₹197.88 (also 38.2% Fibonacci retracement level), suggesting bullish continuation after a long consolidation. The breakout is clean with a wide bullish candle. 📐 Fibonacci Retracement Levels (from swing high ₹315.10 to swing low ₹125.41) 38.2% (Breakout Zone): ₹197.88 ✅ 50.0%: ₹220.26 61.8%: ₹242.64 78.6%: ₹274.50 Target: 100% Fibonacci: ₹315+ 💹 RSI & Momentum RSI at 73.75, entering overbought territory 🔼 Multiple RSI bullish crossovers visible during base formation RSI suggests strong buying momentum, ideal for trend continuation 📉 Trendline Breakout Downtrend resistance (dotted line) broken along with horizontal neckline Aligns with volume-based breakout, confirming strength 🕯️ Volume Confirmation Huge spike in volume (4.44M) on breakout day — highest in months Suggests institutional or smart money activity 📍 Key Price Levels ✅ Breakout Level: ₹197.88 🚀 Fibonacci Targets: ₹220.26 → 50% ₹242.64 → 61.8% ₹274.50 → 78.6% ₹315+ → 100% (Full target) 🛡️ Support Levels: ₹197 (neckline support) ₹170.18 (23.6% Fib) ₹150 (handle base) 💡 Trading Idea Entry: Close above ₹198 or on retest of neckline Stop Loss: Below ₹185 or ₹170 Targets: ₹220 → ₹243 → ₹275 → ₹315 Risk-Reward: Favorable with strong confirmation