Supportbounce

BSOFT Testing Crucial Multi-Year Support Reversal Setup Looking at the Monthly timeframe, Birlasoft Limited has undergone a significant corrective phase after rejecting its historical highs. The stock is currently trading at 274.05, bringing it down to test a major multi-year horizontal support zone. This specific zone is structurally significant because it acted as a major resistance level in 2021 before the stock broke out. We are now seeing a classic "resistance-turned-support" flip, making this a critical area to watch for a potential bullish

by ParamjitMahapatro

JUBLINGREA Bullish Bounce from Daily Consolidation Support Looking at the daily chart for Jubilant Ingrevia Ltd., the stock has been trading within a well-defined rectangular consolidation phase for several months. Price action is cleanly oscillating between a strong support floor and a key resistance ceiling, presenting a classic range-bound technical setup. Technical Observation: The stock recently retested the lower boundary of this consolidation box (major support) and has shown a strong bullish bounce from these levels. The recent daily candle a

by ParamjitMahapatro

IREDA Testing Crucial Horizontal Support Zone at 111 About the Chart: Based on the weekly timeframe, Indian Renewable Energy Development Agency Ltd. is currently at a critical technical juncture. After a prolonged downtrend from its highs near 310, the stock has corrected significantly and is now hovering right above a major horizontal support line drawn at 111.20. The current price sits at 113.22, showing a tight consolidation near this floor. Because this is a weekly chart, this 111.20 level acts as a strong make-or-break zone; a successful de

by ParamjitMahapatro

IJR - Small cap support bounce AMEX:IJR (S&P Small-Cap 600) is putting on a masterclass in "Support Turned Resistance Turned Support." After a long consolidation, we’ve cleared the key horizontal level at $124.13. Notice the "Change of Polarity"—that previous peak from late 2024 is now acting as a floor. With the price riding above the 20-week moving average and the bands widening, the path of least resistance looks higher. 🚀

by ParamjitMahapatro

IWM - Strong bounce Despite the recent volatility, the Russell 2000 just staged a powerful recovery. Looking at the weekly chart, the $249 level has turned from a "ceiling" into a very strong "floor." When small caps lead, it usually signals high risk-on sentiment in the broader market. With the price holding above the blue 20-week MA, the trend remains firmly to the upside. 🚀 Are you betting on a breakout to new highs this month? 📊

by ParamjitMahapatro

Apar Inds cmp 14030 Daily Chart Apar Inds cmp 14030 Daily Chart - Support Zone 12300 to 13800 Price Band - Resistance Zone 14245 to 15665 Price Band - Rising Price Channel Broke down after the ATH - Breakout from Falling Resistance Trendline stable - Good Support base formed near 13400 to 13800 - Rising Support Trendline shouldering Price up move - Support Zone been tested retested for upside move - Volumes needed to support the upwards price breakout

by PIYUSHCHAVDA

Strong Bounce![WELL] Holding key Support on the Weekly We’ve officially cleared the resistance at the $208 level with a solid green candle. Firmly holding above the 20-week SMA. With all-time highs in sight, price discovery mode is engaged.

by ParamjitMahapatro

IJH - Bullish Bounce While the market gets volatile, AMEX:IJH is holding its breakout level like a champ. This kind of base-building is exactly what you want to see for a healthy, long-term bull market. This is a solid "Bullish Consolidation" chart for the iShares Core S&P Mid-Cap ETF ( AMEX:IJH ). It shows a classic breakout-retest-bounce sequence. Key Level to watch: $66.70 (The Line in the Sand). As long as this holds, the bulls are in control. 🐂

by ParamjitMahapatro

Nifty spot 25571.25 by Daily Chart view - Weekly Update Nifty spot 25571.25 by Daily Chart view - Weekly Update - Support Zone 25325 to 25625 still stands ground for Nifty Index - Resistance Zone 25850 to 26105 holds then near ATH 26373.20 for Nifty Index - 03-Feb-2026 Gap Up of 533 pts closure for Nifty Index may happen, at some time - Anticipating to see decently positive opening on Monday basis tariff trickling news

by PIYUSHCHAVDA

Ceat cmp 3965.30 by Daily Chart view Ceat cmp 3965.30 by Daily Chart view - Support Zone 3600 to 3850 Price Band - Resistance Zone 4125 to ATH 4438 Price Band - Volumes in good sync with average traded quantity - Support Zone forming a good base for probable uptrend

by PIYUSHCHAVDA

Nifty Smallcap 100 Index 17829.25 by Daily Chart view Nifty Smallcap 100 Index 17829.25 by Daily Chart view - Support Zone 17375 to 17675 Index Band - Resistance Zone to 18075 to 18375 Index Band - Index formed Lower High Lower Lows since mid of July 2025 - Current status indicating Support Zone shoulder for probable upside - Let us all hope for the best to happen and keep our fingers crossed 🤞🏽🤞🏽🤞🏽🤞🏽🤞🏽 - IF ..... next full week we see closure above Support Zone with breach into Resistance Zone then fresh upside breakout may be anticipated.

by PIYUSHCHAVDA

Rallis India cmp 263.65 by Weekly Chart view Rallis India cmp 263.65 by Weekly Chart view - Support Zone 238 to 252 price Band - Resistance Zone 274 to 290 price Band - Stock fell from ATH 385.90 by Bearish Top formation - Support Zone (since Sept 2014) tested retested for fresh up move - Volumes below avg traded qty need to increase for upward price movement

by PIYUSHCHAVDA

Angel One-An investment stock available at discounted price!Angel One is one of the oldest stock broking companies and 3rd largest by volume of active subscribers. Stock has corrected almost 50% from its high and is now available at an amazing valuation. Stock has potential to test ATH in coming months and also cross it. Keep in radar. Not a recommendation.

by chartistamey

TGVSL-A Risky positional trade of potential multibagger stock!TGV Sraac is yet another chemical sector stock that has been underperforming lately. Stock has shown some positive signs of recovery in past few months. Stock has given weekly closing above 110 which is a positive sign. Stock can test its ATH if the momentum continues and can also give 2x returns in coming months if company posts good results. Keep in radar. Not a recommendation.

by chartistamey

Sectoral Analysis-Nifty Metal Nifty Metal is all ready to make a new ATH. The chart structure indicates a bounce from strong support trendline and we have seen a breakout today of 9400 level. Levels to watch are 9600, 9750, 10000++ Keep metal sector stocks in watchlist for quick swing like Vedanta, Hindzinc, Hindcopper. SAIL is available at an amazing support retest and can be a good positional pick as well. Please comment below if you need any specific stock analysis!

by chartistamey

Ramky Infra-Do not miss this Potential multibagger!Ramky Infra is a strong stock from infra sector with big potential to be a multibagger. Stock has bounced from strong support and given a weekly breakout of trendline. We can expect quick move in this stock. Keep in watchlist. If you are a risk taker, you shouldn't miss this breakout.

by chartistamey

Symphony-A support reversal with volumes Symphony is a good positional trade as it has given monthly reversal breakout However, stock has not shown growth in previous few quarters which can lead to slow rally. Q1 is always fruitful for AC-Fridge manufacturers. Lets wait and watch how this stock goes.

by chartistamey

Hindware-Looking strong for a big uptrend!Hindware has formed a double bottom pattern at a very strong support trendline and has given breakout of the neckline. If Q4 results are better then expected, we can see a good trending bullish move in the stock. Keep in watchlist. A relatively Safe trade as big targets can be expected.

by chartistamey

Biocon-An underperforming pharma stock Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good results , we might see good move in stock. Keep your eyes stuck on this if you like support bounce trades.

by chartistamey

Agrochemical stock pick before budget Sharda cropchem has been consolidating near strong demand zone of 400-420. Stock has bounced from trendline which indicates confluence of support bounce Stock can reverse before budget as chemical stocks have shown strength. Low risk high reward trade. Stock has good fundamentals as well to hold for longer time horizon. If you like my analysis, please like it and follow me for more such trading ideas.

by chartistamey

Voltas bouncing from strong support!Voltas can be a good and relatively safe pick for medium term positional trading. Try to enter around 780 levels with a SL of below 740 DCB for minimum target of 920.

by chartistamey

Learn Support Bounce- For Swing Trading Simply speaking a support is a zone where demand overcomes supply. There are more buy orders than the sell orders at this level, which could force the bids to go higher and hence the stock can rally. I would like to discuss one of the efficient ways to trade support levels. This is not the only way and may not be the perfect one but still with good success rate. There are a few simple points that needs to be followed. 🚀Step 1 There should be a support level from where the stock bounced signif

by Bravetotrade

Long on $LDO fresh trend $LDO broke trendline and started fresh trend. Also successfully retested resistance turned support zone. Now waiting for orders to filled.

Glenmark looks to go up Glenmark looks like taken perfect support at the downtrend channel line. Can be taken long for targets of 409, 429 and 439

by TradePatternsLikePro