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Titan - Trendline BO Post Q4 - Chart of the Week NSE:TITAN has a beautiful structure in the Weekly Timeframe and qualifies for my Chart of the Week idea post decent Q4 Results. About: NSE:TITAN is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories, led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint venture between TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO). Technical View: The stock has decisively broken above a major descending trendline (marked with a white line) that had contained price action since July-August 2024. This trendline has been respected multiple times over approximately 8-9 months, making today's breakout particularly significant. The breakout occurred with substantial price momentum, as indicated by the large green candle and 5 %+ gain, suggesting conviction behind the move. A critical demand zone (marked in green) around ₹2,900-3,000 that has repeatedly provided strong support. This zone has been tested and respected at least four times (marked with green arrows), demonstrating its importance as a major technical floor. Since January 2025, the stock has formed progressively higher lows, indicating increasing buying interest at higher price levels. Support and Resistance Analysis: Key Resistance Levels Immediate Resistance: ₹3,600 (horizontal level from previous swing highs) Major Resistance: ₹3,886.95 (52-week high/all-time high) Psychological Resistance: ₹3,750 (round number between current price and highs) Key Support Levels Immediate Support: ₹3,400-3,450 (previous resistance turned support) Trendline Support: ₹3,350 (the broken trendline should now act as support) Critical Support: ₹2,900-3,000 (major demand zone that has consistently held) Structural Support: ₹2,750 (low of the most recent significant pullback) Trade Setup: The combination of a clean trendline breakout, strong momentum, and historically reliable support zone suggests Titan Company may be poised for continued upside. Based on technical projections: Target(Take Profit): Near-term Target: ₹3,700-3,750 (measured move from the breakout point) Intermediate Target: ₹3,886.95 (retest of previous high) Longer-term Potential: New all-time highs above ₹3,900 if momentum continues Stop Loss: The critical factor to watch will be whether the stock can maintain positions above the broken trendline on any pullbacks. This would confirm the validity of the breakout and strengthen the bullish case. Conversely, a failure to hold above ₹3,400 could signal a false breakout scenario. Keep in the Watchlist and on your Radar. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:TITANLong
by Karanshah137
4
Indian Metals & Ferro Alloy: Flag & Pole BONSE:IMFA Breaks out of the Flag & Pole Pattern with Huge Volumes today. Price Action Analysis: - Stock experienced a significant decline from highs around 998.80 to lows near 549.80, representing approximately a 45% correction - Recent breakout above 720 levels shows strong momentum reversal - Current price at 772.50 (+ 7.77%) indicates bullish sentiment returning - Higher highs and higher lows pattern emerging on the right side of the chart Volume Spread Analysis: - Volume spike coinciding with recent breakout confirms genuine buying interest - Volume of 202.22K appears elevated compared to previous months - Green volume bars during the recent rally suggest an accumulation phase - Low volume during the consolidation phase indicates smart money positioning Key Technical Levels: Support Levels - Primary Support: 720-730 (recent breakout zone) - Secondary Support: 680-690 (previous resistance turned support) - Major Support: 600-620 (previous consolidation zone) Resistance Levels: - Immediate Resistance: 800-820 - Major Resistance: 880-900 - Long-term Resistance: 950-998 (previous highs) Base Formation: - Cup and Handle pattern visible with base formation between 550-680 levels - Duration of base: Approximately 4-5 months (February to June 2025) - Handle formation in the May-June period before the breakout - Flag & Pole Pattern Broke today Technical Patterns Identified: Primary Pattern: Cup and Handle - Well-defined cup formation with rounded bottom - Handle shows controlled pullback with lower volume - Breakout above handle resistance confirms pattern completion - Target projection: 950+ levels based on pattern height Secondary Patterns: - Descending trendline resistance tested today - Double bottom formation around 550-580 levels - Bullish flag formation post-breakout Trade Setup Recommendations: Entry Strategy: - Aggressive Entry: Current levels 770-775 on any minor dip - Conservative Entry: 720-730 on pullback to breakout zone - Momentum Entry: Above 800 for trend continuation Exit Strategy: - Target 1: 850 (10% upside from current levels) - Target 2: 920 (19% upside potential) - Target 3: 980 (27% upside to retest previous highs) Stop-Loss Levels: - For aggressive entries: 720 (7% risk) - For conservative entries: 680 (6% risk from 720 entry) - Trailing stop: 8-10% below recent swing lows Risk Management Framework: Position Sizing: - Risk per trade: Maximum 2% of portfolio - Position size calculation: Portfolio value × 2% ÷ stop-loss distance - For ₹1 lakh portfolio with 7% stop: ₹2,000 ÷ 0.07 = ₹28,571 position size Risk Controls: - Maximum exposure to single stock: 5% of portfolio - Sector concentration limit: 15% in the metals sector - Use of position sizing calculator mandatory - Weekly portfolio review and rebalancing Sectoral Backdrop Analysis: Metals Sector Dynamics: - Global steel demand recovery supporting Indian metal stocks - Infrastructure spending by the government boosts domestic demand - Raw material cost stabilization improves margins - Export opportunities are increasing with global supply chain shifts Industry Tailwinds: - The government's focus on infrastructure development - PLI schemes supporting the manufacturing sector - Green energy transition requiring metal inputs - Automotive sector recovery driving steel demand Fundamental Considerations: Company Specific Factors: - Debt reduction initiatives improving balance sheet strength - Capacity expansion plans supporting long-term growth - Technology upgrades enhancing operational efficiency - ESG compliance improving institutional investor interest Macroeconomic Factors: - Rupee stability supporting import-dependent operations - Interest rate environment favourable for the capital-intensive sector - Government policy support for domestic manufacturing - Global commodity cycle showing signs of recovery Trading Psychology Notes: Behavioural Considerations: - Stock showing classic accumulation after major decline - Institutional buying is likely during the base formation period - Retail sentiment improving with breakout confirmation - FOMO factor may drive further momentum Market Sentiment Indicators: - Relative strength improving against the broader market - Sector rotation favours cyclical stocks - Technical breakout attracting momentum traders - Long-term investors find value after the correction My take: This technical setup presents a compelling risk-reward opportunity with clearly defined entry, exit, and risk management parameters. The combination of a strong technical breakout and improving sectoral fundamentals creates a favourable environment for potential gains. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:IMFALong
by Karanshah137
6
Weekly CT Breakout + 200EMA Flip | GALAXYSURF Structure📉 Main CT Line (Dotted White) A well-defined counter-trendline finally gave way after weeks of price compression. The breakout was clean, with a strong bullish candle closing decisively above it. 📊 Volume Confirmation Breakout candle posted a solid spike in volume — the highest weekly volume in months. 💥 📈 200 EMA Broken (Blue Line) Price has also cleared the 200-week EMA, a key dynamic resistance, now potentially flipping to support. 📉 🟧 Higher Timeframe Supply (Orange Line) / ⚪ (White Lines) The breakout candle has also stepped into a tight zone between Weekly + Monthly supply, marked by the orange line. 📌 As always, the chart tells the story. No predictions. No assumptions, just structure.
NSE:GALAXYSURFLong
by Averoy_Apoorv_Analysis
Mahindra & Mahindra – Activity Picking Up! Watch CloselyHey Family, here’s another stock showing a strong technical setup! 🚀 📈 Stock: Mahindra & Mahindra Ltd (NSE: M&M) 🔍 Key Observations: 📊 Chart Pattern: The stock is displaying a Horizontal Breakout Setup from a well-defined multi-month resistance zone, dating back to 07-10-2021. This forms a strong bullish continuation base, indicating potential for a sustained move higher. 📈 Recent Price Action: • M&M has recently tested the upper boundary of its resistance zone around ₹3,270, which has been respected multiple times in the past (notably on 18-06-2025 and 20-06-2025). • The current close at ₹3,184.40 (+2.90%) on June 20, 2025, shows increasing buying momentum near this critical resistance level. • Volume surged to 8.32M, significantly above average, confirming institutional participation and validating the price action. 📦 Volume Insight: The volume spike on the breakout attempt signals strong accumulation. This is a vital confirmation factor for the bullish case. 💡 Trading Recommendation: Aggressive Approach: • Traders can consider participating based on the current price structure, using proper risk management techniques aligned with individual trading plans. Conservative Approach: • Alternatively, wait for a clear breakout confirmation with strong follow-through and closing strength above the resistance zone before considering entry. This helps reduce false breakout risks. 🧠 Rationale: The recent price behavior, combined with heightened volume activity, reflects growing interest in the stock. Such conditions often signal a shift in market sentiment. Observing how the stock reacts in the coming sessions can provide useful cues. Traders should focus on structure, strength, and participation—adapting their approach based on personal style and risk preference. 🚨 Disclaimer: This is not financial advice. All views are shared for educational purposes only. Please do your own research and always manage your risk before making any trading decisions. 📢 What’s your view? Drop it in the comments and boost the idea if you found it useful – your support helps us keep sharing quality setups! 💬🔥
NSE:M&MLong
by ChartSight
1
SOLAR IND 1HRSWING TRADE - EARN WITH ME DAILY 10K-20K – SOLAR IND Looking good for upside.. When it break level 17025 and sustain.. it will go upside... BUY@ 17025 Target 1st 17324 2nd 17758 FNO SOLARINDS JUN FUT – LOT 3 (Qty-225) SOLARINDS JUN 17000 CE – LOT 3 (Qty-225) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome to join the ride .. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert..
NSE:SOLARINDSLong
by Prashant019
JUBLINGREA Breakout📊 1. Price Action & Pattern Analysis Breakout Trigger: Double Bottom at ₹660–₹670 confirmed. Higher Lows and Higher Highs are clearly visible — a bullish trend structure. Breakout from trendline resistance with a strong bullish candle on extreme volume confirms buyer interest. Probable Retest Zone: Around ₹745–₹760, which overlaps with the 38.2–61.8% Fibonacci zone, indicating a good low-risk reentry area if price retests. Stop-Loss (Aggressive): Just below ₹680 support zone (prior bottom and neckline). 🔍 2. Volume & Confirmation Massive Volume Spike on breakout day — highest in recent months. Volume confirms genuine buying pressure, validating the pattern breakout. 🧭 3. Stage Classification ✅ Current Stage: Stage 2 – Markup Phase (Early Stage) Why: Breakout from long consolidation. Volume confirms institutional activity. Trend structure shifting to higher highs/lows. Strong retest and breakout of previous resistance zones. 🎯 4. Trade Plan Summary Metric Value 📌 Entry Range ₹760–₹780 (retest possible) 🧯 Stop Loss (Aggressive) ₹675–₹680 zone 📈 Target 1 (Short-Term) ₹840–₹860 (as shown) 📈 Target 2 (Positional) ₹900+ 🔎 Risk–Reward 1:2.5+ (Ideal Swing Setup) 🧠 “So many convincing acts happened here to take trade... Trade for 4 to 5% for consistency.” ✅ Conclusion This is a classic Stage 2 early breakout with: Multi-confirmation setup (pattern + trendline + volume) Well-defined risk-reward Excellent for swing-to-positional trades
NSE:JUBLINGREALong
by Eswa007
2
GM BREWERIES – A Classic CT Breakout with Strong Demand Flip🔍 A solid Weekly Time Frame (WTF) structure is visible here on GMBREW: -The red-green zone highlights a classic supply turning into demand, supporting the structure. -A clear Counter Trendline (CT) breakout (white line) is now visible, showing strength with increasing momentum. -Notice the strong spike in volume – this breakout isn't silent. Participation has significantly picked up. -Yellow line represents the MTF supply, which could act as the next area of interest. -Price is currently showing a wick, so weekly closing behavior will be key from here. -No predictions – just a technical snapshot. Structure, volume, and zones are aligning well here. Let’s see how it unfolds. 📊
NSE:GMBREWLong
by Averoy_Apoorv_Analysis
KRISHANA PHOSCHEM LTD | Major Breakout Ahead? Hey Family, here’s another stock showing a strong technical setup! 🚀 Key Observations: Pattern : Formation of a Rectangle Box Pattern on the Daily Timeframe (1D). Range Period: Stock moved within a horizontal range between June 2024 to April 2025. Multiple tests near the upper resistance band during this period. Resistance Behavior: Price repeatedly tested the resistance zone around ₹278–₹285. Now showing signs of a breakout attempt and trying to sustain above the range. Volume Insight: Noticeable volume accumulation over the past few sessions. Volume spikes during breakout candles suggest strong buyer interest. Candlestick Structure: Strong bullish candles with minimal rejection indicate a genuine attempt to break out. 🚨 Disclaimer: What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. 🚨 Note: Always manage risk and do your own research.
NSE:KRISHANALong
by ChartSight
1
GRSE: Can this Defence Stock Double Your Money in 2025?NSE:GRSE : Can this Defence Stock Double Your Money in 2025? Let's analyse this weekend's My Chart of the Month NSE:GRSE presents one of the most compelling technical setups in the defence sector, with the stock currently trading at ₹3,003 after a massive rally from its 2019 lows around ₹77. The chart reveals a textbook case of a multi-year accumulation followed by explosive breakout dynamics. Price Action Analysis : The stock underwent a dramatic transformation from a prolonged consolidation phase between 2019 and 2022, during which it traded in a narrow range of ₹150-300. The real fireworks began in late 2022, when GRSE broke out of its multi-year base with exceptional volume, signalling institutional accumulation. The most striking feature is the parabolic move from ₹1,000 levels in early 2024 to the current high of ₹3,250. This represents over 200% gains in just over a year, accompanied by consistently high volumes averaging 40-130 million shares, indicating strong institutional participation. Volume Analysis: Volume patterns have been particularly bullish, with spikes coinciding with price advances. The recent correction has seen relatively lower volumes, suggesting profit-booking rather than institutional selling. The volume-weighted average price (VWAP) continues to trend upward, indicating underlying strength. Key Technical Levels: Support Zone: The stock has established strong support around ₹2,400-2,500 levels, coinciding with the 0.5 Fibonacci retracement from the recent rally. Immediate Support: ₹2,683 (recent swing low) Critical Support: ₹2,165 (0.618 Fibonacci level) Resistance Levels: The stock recently touched ₹3,250 and is currently consolidating. The next major resistance lies at ₹3,500-3,600 based on measured move projections. Trade Setup: Entry Strategy: - Primary Entry: ₹2,650-2,750 (current levels to slight dip) - Aggressive Entry: ₹2,900-3,000 on any pullback - Conservative Entry: ₹2,400-2,500 (major support retest) Target Levels: - Target 1: ₹3,400 (15% upside) - Target 2: ₹3,800 (35% upside) - Target 3: ₹4,200 (50% upside based on measured moves) Stop Loss: ₹2,300 (below critical Fibonacci support) Risk-Reward: Favourable 1:2 to 1:3 ratio across all entry points Sectoral & Fundamental Backdrop: The defence sector is experiencing a renaissance driven by the government's push for Atmanirbhar Bharat and increased defence spending. GRSE, being a premier shipbuilding company under the Ministry of Defence, is directly benefiting from: 1. Increased naval modernization programs 2. Export opportunities under government initiatives 3. Project 75(I) submarine program participation 4. Anti-submarine warfare corvette projects The company's order book has been consistently growing, with recent announcements of significant contracts providing revenue visibility for the next 3-4 years. The shift towards indigenous defence production gives GRSE a strategic advantage in the naval segment. Risk Factors: Primary risks include overall market correction affecting high-beta defence stocks, profit-booking by retail investors after substantial gains, and any delays in government defence projects. The stock's high valuation multiple also makes it susceptible to sector rotation. My Take: GRSE represents a compelling blend of strong fundamentals backed by government policy support and technically sound chart patterns. The risk-adjusted returns appear favourable for medium-term investors, with the stock likely to test new highs once the Pullback is done. However, position sizing should account for the inherent volatility in defence stocks and the broader market environment. Therefore, BUY ON DIPS The combination of sectoral tailwinds, robust order book, and technical breakout makes GRSE a candidate for continued outperformance, though investors should remain mindful of profit-booking opportunities at resistance zones. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:GRSELong
by Karanshah137
11
Price Action Case Study: Weekly Price action chart of SIGACHI 🔹 Key Structural Elements: -White Solid Line: Primary Counter-Trendline (CT) connecting multiple swing highs, acting as dynamic resistance over several months. -White Dotted Lines: Hidden supply lines derived from intermediary highs, often acting as secondary resistance. -Yellow Lines: Higher timeframe resistance zones (MTF) — offering confluence markers for potential supply zones ahead. 🔹Volume Expansion: The breakout candle is supported by significant volume (~36M), indicating strong participation. Volume here acts as a confirmation trigger, suggesting institutional interest or broad-based buying. 🔹Structure: The breakout occurs after an extended consolidation and a series of higher lows.
NSE:SIGACHILong
by Averoy_Apoorv_Analysis
Everyone’s Buying MMTC… I’m Waiting for this to happen✅ CT Breakout (WTF): Well-defined CT break cleared with strong bullish momentum. ✅ Volume Confirmation: Breakout candle accompanied by 269M+ volume, signaling genuine interest. ✅ Structure: Higher low before breakout reinforces structural reliability. ✅ Base Formation: Multiple weeks of tight consolidation at base builds a solid foundation for the move. ⚠️ Caution – DTF Overextension: On the daily timeframe (DTF), price shows back-to-back green candles, indicating a short-term overbought condition. A retracement is healthy and preferred. A direct move from here risks a poor R:R swing 📌 Conclusion: Solid weekly breakout with all structural prerequisites in place. However, due to the extended DTF structure, wait for a healthy pullback before initiating swing entries. Avoid chasing strength. Let the price offer a clean opportunity. 🔁 Following the yellow path = strategic patience + optimal R:R.
NSE:MMTCLong
by Averoy_Apoorv_Analysis
3
Venus Pipes Explodes 12% Breaking Out of 6-Month BaseNSE:VENUSPIPES Explodes 12%: Breaking Out of 6-Month Base Could Target ₹1,600 as it made a Beautiful Chart Structure Just Before Q4 FY25 Results. Price Action Analysis NSE:VENUSPIPES is experiencing a significant breakout moment, currently trading at ₹1,452.00 with an impressive 12.37% gain (₹159.80). The stock has decisively broken above a critical resistance zone around ₹1,400-1,420 after consolidating in a well-defined base for nearly six months. This breakout comes with strong momentum and represents a potential shift from accumulation to the markup phase. Volume Analysis: Volume is exceptionally strong at 626.33K shares compared to the average of 85.02K - nearly 7.5x times normal volume. This massive surge in participation validates the breakout and suggests institutional buying interest. The volume spike coinciding with the price breakout is a textbook confirmation signal that significantly increases the probability of continuation. Key Support & Resistance Levels: - Newly Broken Resistance: ₹1,400-1,420 zone (now potential support) - Next Major Resistance: ₹1,500-1,520 (psychological level and previous resistance) - Ultimate Target Resistance: ₹1,900-1,950 (red horizontal line - major resistance from earlier highs) - Strong Base Support: ₹1,100-1,150 zone (multiple green arrows showing successful tests) - Immediate Support: ₹1,380-1,400 (previous resistance becomes support) Technical Patterns: 1. Rectangle Breakout: Clean break above the 6-month consolidation range (₹1,100-1,420) 2. Multiple Bottom Formation: Several tests of the ₹1,100-1,150 support zone (marked with green arrows) 3. Ascending Triangle: Recent price action shows higher lows approaching the ₹1,420 resistance 4. Volume Breakout Pattern: Classic high-volume breakout from a prolonged base Trade Setup - Breakout Continuation Primary Entry Strategy: - Entry Point: ₹1,440-1,460 (current levels or minor pullback) - Aggressive Entry: ₹1,420-1,430 (on any retest of breakout level) Target Levels: - First Target: ₹1,520-1,540 (psychological resistance and measured move) - Second Target: ₹1,650-1,680 (extension target based on base width) - Ultimate Target: ₹1,800-1,850 (major resistance zone approach) Risk Management: - Stop Loss: ₹1,350 (below the breakout zone and recent support) - Tight Stop: ₹1,390 for short-term traders - Position Size: Maximum 2-3% of portfolio at risk Alternative Setup - Conservative Approach For risk-averse traders: - Entry: ₹1,480-1,500 (after clearing first resistance convincingly) - Stop Loss: ₹1,420 (below confirmed breakout level) - Targets: ₹1,600, ₹1,750 Pattern Analysis: The stock has formed a solid 6-month base between ₹1,100-1,420, allowing for significant accumulation. The multiple tests of support around ₹1,100-1,150 (green arrows) demonstrate strong buying interest at lower levels. The recent ascending triangle formation within the larger rectangle pattern suggests building momentum that has now been released. Risk-Reward Assessment: - Primary Setup R:R: 1:2.8 (Entry ₹1,450, Stop ₹1,350, Target ₹1,730) - Breakout Target: Rectangle pattern suggests potential for 25-30% move - Failure Risk: Breakdown below ₹1,380 would invalidate the bullish setup Key Technical Factors: The convergence of multiple bullish signals - rectangle breakout, volume confirmation, successful base building, and momentum surge - creates a high-probability setup. The stock has spent considerable time building this base, and the breakout with such strong volume suggests genuine institutional participation rather than retail speculation. Trading Strategy: Traders should look for any minor pullbacks to the ₹1,420-1,440 zone as ideal entry opportunities. The key is to ensure the breakout level holds as support. A sustained move above ₹1,500 would confirm the pattern and likely attract momentum buying, potentially accelerating the move toward the ₹1,650-1,700 zone. Monitor for any evening star or shooting star patterns at resistance levels, which could signal temporary exhaustion and provide profit-taking opportunities. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:VENUSPIPESLong
by Karanshah137
15
USHA MARTIN BREAKS OUT! 7.5% SURGE SIGNALS MASSIVE RALLY AHEADNSE:USHAMART Made Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Q4 Results with Good Price and Volume action and Breaking the Trendline. Price Action: - The stock has been in a downtrend since November 2024, forming a clear descending resistance line (white diagonal Trendline) - Currently showing strong breakout momentum at ₹334.85, up ₹23.75 (+7.46%) in today's session - Successfully broken above both the downtrend line and horizontal resistance at ₹320-325 - Multiple tests of support at the ₹290 level have created a solid base for the current rally - Higher lows forming since March indicate increasing buying pressure Volume Analysis: - Today's volume at 4.98M shares vs. average of 688.65K (over 7x normal volume) - Previous support bounces (green arrows) also occurred with increased volume - Extremely high volume on today's breakout confirms strong institutional interest - Volume profile shows healthy accumulation during support tests Key Support and Resistance Levels: - Strong support established at ₹290 level (green horizontal line) - Intermediate resistance/support at ₹320-325 (lower red horizontal line) - Major resistance at ₹350 level (upper red horizontal line) - The previous rejection point at ₹350 (red arrow) now becomes the next target - Long-term resistance from October to December 2024 around ₹420 Technical Patterns: 1. Downtrend Line Breakout*- Price has decisively broken above the multi-month downtrend line 2. Kinda Triple Bottom- Formed at ₹290 level (February-May), creating a solid foundation 3. Ascending Triangle- Recent price action shows higher lows against horizontal resistance 4. Volume Confirmation- Massive volume spike validates the technical breakout 5. Bullish Engulfing Candle- Today's price action engulfs previous bearish candles Trade Setup: - Pattern: Downtrend line breakout + horizontal resistance break - Confirmation: Strong price action with 7x normal volume - Context: Potential trend reversal after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹334.85) with partial position 2. Pullback Entry: On retest of breakout level ₹320-325 3. Confirmation Entry: Add positions on close above ₹350 (previous resistance) Exit Strategy: - Target 1: ₹350 (immediate resistance) - Target 2: ₹380 (intermediate resistance based on prior support level) - Target 3: ₹420 (major resistance from December 2024) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹315 (below breakout level) - Conservative Stop: ₹305 (midpoint between support and breakout) - Pattern-Based Stop: ₹290 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Maintain at least 1:1.5 (with aggressive stop) - Consider scaling in: 50% at current level, 25% on pullback, 25% on further confirmation - Scale out: 30% at Target 1, 40% at Target 2, hold remainder with trailing stop Today's powerful breakout on record volume after forming a kinda triple bottom pattern suggests a potential trend reversal. The breakout above both the descending trendline and horizontal resistance provides a compelling technical case for upside continuation. If the stock can maintain momentum above the ₹325 level, it could target the next resistance at ₹350 quickly, with potential for a move toward ₹380-420 in the coming weeks. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:USHAMARTLong
by Karanshah137
7
Advanced Enzymes: Fresh Breakout Above Key ResistanceNSE:ADVENZYMES Made a Beautiful Chart Structure, Gave Fresh Breakout Above Key Resistance, Could Now Trigger 20% Rally - Time to Buy the Dip? Pattern Recognition and Base Formation: NSE:ADVENZYMES has been consolidating in a well-defined rectangular trading range for the past 3-4 months, oscillating between ₹260-305 levels. This sideways consolidation represents a healthy digestion phase after the stock's earlier decline from highs around ₹350. The most recent price action shows a decisive breakout above the ₹305 resistance level on strong volume expansion, suggesting institutional participation and potential trend reversal. The stock appears to be forming a classic "rectangle breakout" pattern, which typically signals continuation of the prevailing trend or reversal from consolidation. Key Technical Levels Analysis: Key Support Levels: - Immediate Support: ₹285-290 (recent breakout zone, now expected to act as support) - Major Support: ₹270-275 (mid-range consolidation area with multiple touches) - Critical Support: ₹260-265 (lower boundary of the rectangle pattern) - Ultimate Floor: ₹257.90 (52-week low and absolute support) Key Resistance Levels: - Immediate Resistance: ₹315-320 (psychological round number resistance) - Next Target: ₹330-335 (halfway to previous highs) - Major Target: ₹350 (previous high retest) - Extension Target: ₹365-370 (measured move from rectangle pattern) Volume Spread Analysis: Today's volume surge to 776.33K shares represents nearly 5x the average daily volume of 162.61K, indicating significant institutional interest. This volume expansion accompanying the breakout is a critical confirmation signal that validates the technical setup. The volume pattern during the consolidation phase showed typical accumulation characteristics - higher volume during declines and moderate volume during bounces, until today's breakout, which shows strong participation. Technical Pattern Assessment: Primary Pattern: Rectangle/Trading Range Breakout - Formation Period: February 2025 - May 2025 - Range: ₹260-305 (approximately ₹45 range) - Breakout Level: ₹305 (achieved with volume confirmation) - Measured Target: ₹350+ (adding range height to breakout point) The pattern shows multiple tests of both support and resistance levels, indicating a mature base formation with strong hands accumulating positions during weakness. Trade Setup: Setup Classification: Breakout Play with Volume Confirmation Entry Strategies: - Aggressive Entry: ₹300-305 (current levels on any minor pullback) - Conservative Entry: ₹285-290 (on retest of breakout level for better risk-reward) - Value Entry: ₹275-280 (if deeper pullback occurs, though less likely given volume surge) Position Sizing: - Initial Allocation: 1-2% of portfolio (given setup quality and volume confirmation) - Scaling Strategy: Add on pullbacks to support levels Profit Taking Approach: - Target 1: ₹325-330 (6-8% upside) - Book 30% of position - Target 2: ₹345-350 (12-15% upside) - Book 40% of position - Target 3: ₹365-370 (18-20% upside) - Hold remaining 30% for potential extension Risk Management Framework: - Tight Stop: ₹295 (3-4% downside for short-term traders) - Swing Stop: ₹285 (7-8% downside for position traders) - Pattern Stop: ₹275 (10% downside - invalidates bullish setup if breached) Sectoral and Fundamental Backdrop: NSE:ADVENZYMES operates in the speciality chemicals and biotechnology space, focusing on enzyme manufacturing for various industrial applications. The sector dynamics are currently favourable due to: Industry Tailwinds: - Growing demand for sustainable and eco-friendly industrial processes - Increasing adoption of enzyme-based solutions in food processing, textiles, and pharmaceuticals - Government push for bio-based manufacturing and green chemistry initiatives - Rising exports of speciality chemicals from India Company Specific Factors: - Strong research and development capabilities in enzyme technology - Diversified application portfolio reducing single-sector dependency - Established client relationships in domestic and international markets - Beneficiary of the "Make in India" initiative in speciality chemicals Fundamental Support: - Consistent revenue growth trajectory in recent quarters - Improving operating margins due to product mix optimization - Strong balance sheet with manageable debt levels - Increasing focus on value-added enzyme products Risk Assessment: Bullish Catalysts: - Volume-confirmed breakout from 3-month consolidation - Strong sectoral tailwinds supporting long-term growth - Technical pattern completion with clear target levels - Established support base providing downside protection Risk Factors: - Broader market volatility could impact momentum stocks - The speciality chemicals sector's sensitivity to raw material costs - Global economic slowdown affecting industrial demand - Competition from larger multinational enzyme manufacturers My Take and Recommendation: NSE:ADVENZYMES presents a compelling technical setup with the stock breaking out of a well-established 3-month trading range on exceptional volume. The combination of strong technical patterns, sectoral tailwinds, and reasonable fundamental backdrop creates an attractive risk-adjusted opportunity. The immediate focus should be on the stock's ability to sustain above the ₹305 breakout level and build momentum toward the ₹325-330 resistance zone. Any pullback to the ₹285-290 area would offer an excellent secondary entry point with improved risk-reward parameters. Given the volume confirmation and sector dynamics, the stock appears positioned for a potential move toward its previous highs around ₹350, representing approximately 15% upside from current levels. However, traders should maintain disciplined risk management and respect the established support levels to protect capital in case of adverse market conditions. The next few trading sessions will be crucial to determine whether this breakout has the sustainability to trigger the next leg of the rally or if it represents a false breakout requiring reassessment of the bullish thesis. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ADVENZYMESLong
by Karanshah137
6
India Cements Reversal TradeNSE:INDIACEM is looking good for a reversal trade as it bounced back from key levels which were the previous breakout zone where good buying was seen with Huge Volumes post the news of NSE:ULTRACEMCO acquisition. About: NSE:INDIACEM is a leading cement manufacturing company headquartered in Chennai. It was incorporated in the year 1946 by Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. While retaining cement over the years as its mainstay, India Cements has ventured into related fields like shipping, captive power and coal mining that have purposeful synergy with the core business. The co is also a sponsor of the IPL franchise “Chennai Super Kings”. Trade Setup: Could be a good Positional Trade with Buy on Dips Approach that May Retest the Breakout Zones again and then go upwards thereafter as MACD starts Trending Upwards. Target(Take Profit): Around 335 Levels or Falling 100 DSMA. Stop Loss: Entry Candle Low or The Key Levels Marked. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:INDIACEMLong
by Karanshah137
2
EPL - Breakout Post Good Q4NSE:EPL Made Beautiful Chart Structure today after posting good Q4 Results with Good Price and Volume action. Price Action Analysis: Resistance Breakout: 1. Primary Resistance Break: The stock has successfully broken above the well-defined resistance zone at ₹203-205 (lower red rectangle), which had contained price movements since mid-April. 2. Approaching Major Resistance: With today's 4.57% gain, EPL is now testing a critical longer-term resistance level at ₹210-213 (upper red rectangle), which has capped prices since late February after a sharp decline from the ₹250+ level. 3. Base Formation: After hitting lows around ₹183 in early April, the stock has formed a constructive base pattern with higher lows, suggesting accumulation and buying support at progressively higher levels. Volume Analysis: Today's volume characteristics strongly support the bullish case: - Volume of 3.34M shares is significantly above the 20-day average of 895.96K (nearly 4x normal volume) - The volume spike coincides perfectly with the upside breakout - Prior consolidation showed decreasing volume, typically a precursor to a volume-supported breakout - The recent accumulation phase (late April to early May) displayed positive volume patterns Key Support and Resistance Levels: Key Resistance Levels: 1. Immediate Resistance: ₹210-213 (upper red rectangle - critical level being tested now) 2. Intermediate Resistance: ₹225 (reaction high from mid-February) 3. Major Resistance: ₹250-255 (February high) Key Support Levels: 1. New Support: ₹203-205 (previous resistance now converted to support) 2. Secondary Support: ₹195-198 (consolidation range from late April) 3. Strong Support: ₹183-185 (April lows and beginning of current base) Technical Patterns: 1. Double Bottom: The March and April lows near ₹183-190 formed a double bottom pattern, typically a reversal signal. 2. Range Breakout: Today's move represents a clear breakout from the April-May trading range. Volume Confirmation: The volume trend provides strong confirmation: - Clear volume divergence during the April bottom (decreasing volume on downmoves) - Increasing volume during recovery phases - Today's substantial volume spike on breakout (3.34M shares) - Volume well above average throughout May, suggesting institutional participation My Outlook: The combination of a multi-week base breakout with exceptionally strong volume support signals a potentially significant shift in momentum. The key technical question now is whether EPL can overcome the major resistance at ₹210-213. If the stock can close convincingly above ₹213 in the coming sessions, it would complete a substantial bottoming pattern with potential upside targets at ₹225 initially and ₹240-250 longer-term. Conversely, failure at this resistance could lead to a retest of the breakout level at ₹203-205, which should now provide support. Keep in the Watchlist and on your Radar. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:EPLLong
by Karanshah137
2
Multi-Month Triangle Breakout Can Signal Move to ₹750+NSE:TIPSMUSIC Made a Beautiful Chart Structure Today and Breaks Free of Multi-Month Triangle Breakout and Could Signal Explosive Move to ₹750+ Price Action Analysis: NSE:TIPSMUSIC is currently trading at ₹676.80, up 3.68% (₹24.00) today. The stock has been consolidating in a narrowing range since January 2025, forming a classic symmetrical triangle pattern. After testing the lower support multiple times around ₹580-600, the stock is now approaching the apex of the triangle and showing signs of a potential upside breakout. The recent price action shows higher lows being formed, indicating growing buying interest at lower levels. Volume Analysis: Volume is healthy at 319.61K shares, significantly above the average of 192.25 K. The increased participation suggests growing interest as the stock approaches a crucial decision point. Volume patterns show consistent buying support during dips to the triangle's lower boundary, while recent sessions have seen upticks in volume accompanying the move higher. Key Support & Resistance Levels: - Immediate Resistance: ₹720-730 zone (upper triangle boundary and previous resistance) - Major Resistance: ₹750-760 (prior swing high from December) - Triangle Support: ₹580-600 zone (marked with green arrows - multiple successful tests) - Key Support: ₹560-570 (breakdown level that would invalidate the pattern) - Dynamic Resistance: Descending trendline from November highs Technical Patterns: 1. Symmetrical Triangle: Well-defined triangle formation since January, with converging trendlines 2. Triple Bottom: Multiple successful tests of the ₹580-600 support zone (green arrows) 3. Ascending Triangle Element: The recent higher lows suggest buyers are becoming more aggressive 4. Compression Pattern: Decreasing volatility as price approaches the triangle apex, typically before significant moves Trade Setup - Breakout Play: Entry Strategy: - Primary Entry: ₹695-700 on confirmed breakout above triangle resistance with volume - Secondary Entry: ₹680-685 on any pullback to current levels (anticipatory entry) Targets: - First Target: ₹730-735 (immediate resistance) - Second Target: ₹760-770 (measured move from triangle base) - Final Target: ₹800-820 (extension target based on triangle height) Risk Management: - Stop Loss: ₹640 (below recent swing low and triangle support) - Tight Stop: ₹660 for aggressive traders - Position Size: Maximum 2% of portfolio at risk Alternative Setup - Continuation Play For conservative traders waiting for confirmation: - Entry: ₹735-740 (after clearing first resistance zone) - Stop Loss: ₹695 (below breakout level) - Targets: ₹780, ₹820, ₹860 Risk-Reward Analysis: - Primary Setup R:R = 1:2.5 (Entry ₹690, Stop ₹640, Target ₹770) - The triangle pattern suggests a potential 15-20% move upon breakout - A failed breakout risk exists if volume doesn't confirm the move Key Catalysts to Watch: The stock appears to be in the final stages of its triangle consolidation. A breakout above ₹720 with strong volume (above 400K shares) would confirm the pattern and likely trigger momentum buying. Conversely, a breakdown below ₹640 would invalidate the bullish setup and could lead to a test of ₹560-570 levels. The decreasing volatility and tightening price range suggest a significant move is imminent. Given the multiple successful tests of support and the overall market context, the probability favours an upside resolution, making this an attractive risk-reward setup for both swing and position traders. Traders should monitor volume closely on any breakout attempt, as genuine breakouts from triangle patterns typically require volume confirmation to sustain the move. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:TIPSMUSICLong
by Karanshah137
8
ASTRAMICRO in Bullish modeHey Family, here’s another stock showing a strong technical setup! 🚀 📈 Stock: Astra Microwave Ltd (NSE: ASTRA) 🔍 Key Observations: 📊 Chart Pattern: The chart shows a Horizontal Breakout from a long-term consolidation zone. This is a bullish continuation setup, signaling potential for further upside as the stock breaks above key resistance levels. 📈 Recent Price Action: • The stock broke out last week, showing strong bullish momentum. • This week’s price action indicates a healthy consolidation above the breakout level, suggesting buyer strength and continued interest. • Volume activity supports the move, adding conviction to the breakout. 💡 Trading Recommendation: Aggressive Entry: • Enter based on current price structure to ride the breakout early. • Use a stop-loss according to your risk tolerance and trading capacity. Conservative Entry: • Wait for a decisive move above the highlighted supply zone for confirmation. • This approach helps minimize risk and confirms sustained strength. 🧠 Rationale: The breakout from horizontal resistance, backed by solid price and volume structure, suggests a high-probability bullish continuation. Choose an entry style that aligns with your trading plan and risk profile. 🚨 Disclaimer: This is not financial advice. All views are shared for educational purposes only. Always do your own research and manage risk responsibly before making any trading decisions. What is your view please comment it down and also boost the idea this help to motivate us.
NSE:ASTRAMICROLong
by ChartSight
7
LIC Share Price Analysis – Key Support & Resistance Levels🕒 Timeframe: Daily | Symbol: NSE:LICI LIC stock is currently showing a consolidation pattern after a decent rally from previous lows. Price action suggests that the stock is preparing for a directional move. Traders should keep an eye on the following critical levels: 🔹 Support Zone: ₹807 – ₹830 This range has held strong multiple times, indicating buying interest around this zone. A breakdown below ₹723 could lead to a deeper correction. 🔹 Resistance Zone: ₹866 & ₹1000 LIC has struggled to sustain above ₹826. A breakout with volume above ₹866 may lead to bullish momentum toward ₹1000+. 📌 Trading Viewpoint: ✅ Bullish Bias if price sustains above ₹866 & ₹1000 with volume ⚠️ Bearish Below ₹723 (watch for a breakdown retest) 🛑 Disclaimer: This is for educational purposes only. Not financial advice. Do your own research before investing. #LIC #LICShareAnalysis #LICI #TradingView #StockMarketIndia #SupportAndResistance #NSE #LICBreakout #LICStock #TechnicalAnalysis #SwingTrading
NSE:LICILong
by vipin95379845
Grindwell Norton - Powerful RetestNSE:GRINDWELL Made Beautiful Chart Structure today before Q4 Results with Good Price and Volume action. Price Action Analysis: Base Formation and Breakout: a critical technical development with today's powerful price surge: 1. Base Structure: Grindwell Norton formed a well-defined horizontal base in the ₹1,750-1,800 range (highlighted in green), which has served as strong resistance since January 2025. This level has been tested multiple times and rejected, creating a clear technical ceiling. 2. Today's Retest: With a massive 14.67% gain, the stock has finally retested through this stubborn resistance zone after multiple failed attempts. This represents a significant technical event after approximately 4 months of price struggle at this level with Volumes. 3. Prior Downtrend Context: The Retest is especially meaningful as it comes after a prolonged downtrend from the ₹2,300 level in late 2024, indicating a potential trend reversal. Volume Analysis: The volume characteristics strongly support the Retest breakout's validity: - Today's volume at 79.44K shares is substantially higher than normal trading activity - The volume spike (visible as a large green bar at the bottom) coincides perfectly with the price breakout - Prior resistance tests showed diminishing volume, indicating sellers were becoming exhausted - The volume pattern shows classic accumulation characteristics before the breakout Key Support and Resistance Levels: Key Resistance Levels 1. Immediate Resistance: ₹1,900-1,950 (prior consolidation zone) 2. Intermediate Resistance: ₹2,100 (previous reaction high) 3. Major Resistance: ₹2,300 (52-week high) Key Support Levels 1. New Support: ₹1,750-1,800 (previous resistance may likely to act as support - this is critical) 2. Secondary Support: ₹1,550-1,600 (consolidation zone from April) 3. Strong Support: ₹1,400 (major reaction low from February/March) Technical Pattern Recognition: The chart demonstrates a classic "break and retest" pattern: - Initial drop below the ₹1,800 level in early 2025 - Multiple attempts to reclaim this level - Extended period of base-building and consolidation - Final powerful Retest on exceptional volume This pattern often precedes sustained upward movements, particularly when the Retest breakout occurs on high volume, as seen today. Accumulation Indicators: Several signs of institutional accumulation appear in the chart: - Increasing volume on up days versus declining volume on down days - Formation of higher lows since the March bottom - Clear volume divergence during the April-May consolidation phase - Today's massive volume spike suggests strong institutional buying Technical Outlook: The combination of a decisive breakout from a multi-month base coupled with exceptional volume support suggests the potential for continued upward momentum. The prior resistance level at ₹1,750-1,800 should now function as support in any pullbacks. Traders should closely monitor whether the stock can maintain positions above the breakout level in subsequent sessions, as this will confirm the pattern's validity and potential for a new uptrend toward the ₹2,000-2,100 range. Keep in the Watchlist and on your Radar. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:GRINDWELL
by Karanshah137
4
KRISHANA PHOSCHEM LTD | Major Breakout Trade UpdateHey Family, here’s another stock showing a strong technical setup! 🚀 Key Observations: Gain About From 279 to 348 (24% Approx.) Pattern: Formation of a Rectangle Box Pattern on the Daily Timeframe (1D). Volume Insight: Noticeable volume accumulation over the past few sessions. Volume spikes during breakout candles suggest strong buyer interest. Candlestick Structure: Strong bullish candles with minimal rejection indicate a genuine attempt to break out. 🚨 Disclaimer: What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. 🚨 Note: Always manage risk and do your own research.
NSE:KRISHANALong
by ChartSight
1