Get started

Tradingviewindia

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
4
ECLERX SKYROCKETS 35%! This Pattern Signals ₹4,200 TargetNSE:ECLERX SKYROCKETS 35%, Made a Beautiful Chart Structure to Qualify for the Chart of the Week Price Action: - It experienced a powerful rally from ₹2,200 to ₹3,877 (all-time high) between July and October 2024 - Recent correction formed a descending wedge pattern from October 2024 to early May 2025 - Currently showing an explosive breakout at ₹3,301.80, up ₹852.40 (+34.80%) in this Week. - Massive single-week gain with a long bullish candle breaking above both resistance levels and the downtrend line - The weekly chart shows a strong V-shaped recovery from support Volume Analysis: - This Week's volume at 2.28M shares vs. average of 420.79K (over 5x normal volume) - Previous support bounces have also witnessed above-average volume - Extremely high volume on today's breakout suggests significant institutional participation - Volume pattern confirms the legitimacy of the price action Key Support and Resistance: - Strong support zone at ₹2,200-2,300 (green horizontal box) - tested and held multiple times over the past year - Previous resistance now likely support at ₹3,200-3,250 (green horizontal line) - Next resistance at all-time high of ₹3,877 (marked as "High") - Downtrend line (white diagonal) now broken with conviction Technical Patterns: 1. Descending Wedge Breakout- Classic bullish reversal pattern completed this week 2. Double Bottom*- Formed at ₹2,300 level in March-May 2025 3. Support Retest- Successfully retested the major support zone before the breakout 4. V-Shaped Recovery - Strong reversal indicating powerful buying interest Trade Setup: - Pattern: Descending wedge breakout with volume confirmation - Confirmation: Explosive price action and volume expansion - Context: Bullish reversal after testing major support zone Entry Points: 1. Aggressive Entry: Current price (₹3,301.80) with partial position 2. Pullback Entry: On retest of breakout level ₹2,900-3,000 3. Confirmation Entry: On consolidation and holding above ₹3,200 for 2-3 sessions Exit Strategy: - Target 1: ₹3,600 (psychological resistance) - Target 2: ₹3,877 (previous all-time high) - Target 3: ₹4,200 (pattern projection based on measured move) - Trailing Stop: 7% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹2,950 (below recent swing low) - Conservative Stop: ₹2,800 (near the breakout point of the wedge) - Pattern-Based Stop: ₹2,500 (invalidation level for the pattern) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 for aggressive entry, 1:2 for pullback entry - Consider scaling approach: * Enter 50% position now * Add 25% on confirmation of trend (holding above ₹3,200) * Add 25% on pullback (if it occurs) - Take partial profits: 30% at Target 1, 30% at Target 2, hold remainder with trailing stop NSE:ECLERX shows a powerful technical setup with its powerful breakout from a descending wedge pattern on record volume. The price action respects key technical levels, with the stock holding major support at ₹2,200-2,300 before staging today's massive rally. The breakout above both the wedge pattern and horizontal resistance, with 5x normal volume, suggests potential for continued upside momentum toward previous highs and beyond. 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:ECLERXLong
by Karanshah137
10
Titagarh - Double Bottom Reversal PatternNSE:TITAGARH Made Beautiful Chart Structure of Double Bottom Reversal Pattern today before Q4 Results with Good Price and Volume action. Price Action Analysis: - After a sharp decline from December 2024 to February 2025, the stock has formed a rectangular consolidation pattern - Current price at ₹806.90, up significantly by ₹57.80 (+7.72%) in today's session - Strong bullish candle today with substantial range, suggesting renewed buying interest - Price is testing the upper boundary of the consolidation range Volume Analysis: - Today's volume stands at 5.27M shares vs. an average of 1.98M - This high-volume move indicates strong institutional interest - Previous bounces from support also showed increased volume (green arrows) - Volume confirmation adds credibility to the potential breakout scenario Key Supports and Resistances: - Strong horizontal resistance at ₹820-830 level (marked by red horizontal line) - Multiple rejections at this level (marked by red arrows) - Solid support established at ₹675-680 zone (green horizontal line) - Major resistance above at ₹1,110 from the previous price structure - Recent high mark at ₹1,370 Technical Patterns: 1. Rectangle Pattern- Price consolidating between ₹675-680 (support) and ₹820-830 (resistance) 2. Double Bottom- Formed at the support level (₹675) in March and early May 3. Multiple Rejection Points- Four distinct tests of resistance (red arrows) 4. Higher Lows- Recent price structure showing potential strength Trade Setup: - Rectangle Pattern breakout opportunity - Confirmation: If Sustained trading above ₹830 with continued volume support - Strong rally today suggests momentum building for potential breakout Entry Points: 1. Aggressive Entry: Current level (₹806.90) with partial position 2. Confirmation Entry: On close above ₹830 resistance 3. Pullback Entry: If price retraces to ₹780 after initial breakout attempt Exit Strategy: - Target 1: ₹900 (initial psychological level) - Target 2: ₹1,000 (round number resistance) - Target 3: ₹1,110 (previous significant resistance level) - Ultimate Target: ₹1,300-1,370 (previous high area) - Trailing Stop: Consider a trailing stop of 3-5% once Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹775 (below today's low) - Conservative Stop: ₹740 (midpoint of the range) - Pattern-Based Stop-Loss: ₹675 (below the established support level) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 (with conservative stop) - Consider scaling in on confirmed breakout and scaling out at each target 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 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:TITAGARHLong
by Karanshah137
15
GOCOLORS - Getting ReadyGOCOLORS is getting ready and has been testing the resistance level. - It is consistently trading above the 20 EMA. Recent high-volume candles suggest clear institutional participation. Although volume is currently drying up, the price is sustaining — a positive sign. - The stock reversed after touching the 0.5 Fibonacci retracement level, indicating strength. ✅ If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ 📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NSE:GOCOLORSLong
by SatpalS
Anant Raj: Triple Bottom Reversal Pattern, Trendline BO.NSE:ANANTRAJ Made a Beautiful Chart Structure of a Triple Bottom reversal pattern, Sort of Inverse H&S confirmation and Trendline BO. Post Excellent Q4 Results, with Good Price and Volume action. Price Action: - It experienced a sharp decline in January 2025, falling from ₹950 to the ₹550 level. - Further correction took it to lows near ₹420 in March-May 2025 - Currently showing signs of recovery at ₹514.10, up ₹40.50 (+8.55%) in today's session. - Breaking above the descending trendline (white diagonal). - Multiple tests of the ₹420-430 support zone created a solid base Volume Analysis: - Today's volume at 7.79M shares vs. average of 2.93M (over 2.5x normal volume) - Previous support bounces (green arrows) also saw increased volume - Strong volume accompanying the breakout indicates conviction behind the move - Volume expansion during upward movements signals the accumulation phase Key Support and Resistance: - Strong support established at ₹420-430 zone (green horizontal line) - Intermediate resistance at ₹550 level (lower red horizontal line) - Major resistance at ₹630-640 zone (upper red horizontal line) - Multiple rejection points at these resistance levels (red arrows) - Historical resistance at ₹935-950 from December-January (top red line) Technical Patterns: 1. Triple Bottom- Formed at ₹420-430 level (March, April, May - green arrows) 2. Descending Trendline Breakout- Price breaking above the multi-month downtrend line 3. Somewhat Inverse Head & Shoulders- Potentially forming with: - Left shoulder (February-March) - Head (April) - Right shoulder (May) - Neckline around ₹520-530 4. Sort of Range Breakout- Escaping from the ₹420-500 trading range Trade Setup: - Pattern: Trendline breakout + potential inverse H&S completion - Confirmation: Strong price action above ₹500 with volume expansion - Context: Reversal setup after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹514.10) with partial position 2. Pullback Entry: On retest of breakout level ₹490-500 3. Confirmation Entry: On close above ₹550 (previous resistance level) Exit Strategy - Target 1: ₹550 (immediate resistance) - Target 2: ₹630-640 (major resistance zone) - Target 3: ₹750 (intermediate target based on pattern projection) - Ultimate Target: ₹935-950 (previous ATH high) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹480 (below recent swing low) - Conservative Stop: ₹450 (midpoint of recent range) - Pattern-Based Stop: ₹420 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 (with aggressive stop) - Consider the pyramiding approach: add to the position as each resistance level is cleared - Scale out: 30% at Target 1, 30% at Target 2, hold remainder with trailing stop The stock shows a compelling technical setup with its triple bottom pattern, trendline breakout, and high-volume surge. The inverse head and shoulders pattern, if completed with a move above ₹550, would further confirm the reversal thesis. Multiple tests of support with increasing volume on the recovery suggest institutional interest is building in the stock. 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:ANANTRAJLong
by Karanshah137
14
Kajaria - double bottom reversal pattern confirmation.NSE:KAJARIACER Made a Beautiful Chart Structure of a double bottom reversal pattern confirmation with pivot levels broken after Q4 Results and an FTA Deal, with Good Price and Volume action, which is increasing daily. Price Action: - The stock has experienced a prolonged downtrend from December 2024 to April 2025 - Currently showing a strong reversal with price at ₹931.30, up (+7.53%) in today's session - Critical breakout above key resistance level (₹900-910) - Strong bullish candle today with substantial range, indicating decisive buying pressure Volume Analysis: - Today's volume at 2.16M shares vs. average of 969.71K (more than 2x normal volume) - Volume expansion on bullish moves in late April and mid-May suggests institutional accumulation - Volume pattern shows increasing participation during recent rally phases - Previous resistance tests (red arrows) occurred on a lower volume, explaining the failed breakouts Key Supports and Resistances: - Major resistance just broken at ₹900-910 zone (red horizontal line) - Multiple previous rejection points at this level (red arrows) - New support established at ₹775-780 range (green horizontal line) - Double bottom formation at the support confirms its significance - Next major resistance likely around ₹1,000 (psychological level) Technical Patterns: 1. Double Bottom - Formed at ₹775-780 level in April-May (green arrows) 2. Resistance Breakout - Clear breach of ₹900-910 level with volume confirmation 3. Higher Lows - Recent price structure showing increasing buyer strength 5. Basing Pattern - Consolidation between ₹775-910 created solid base for breakout Trade Setup: - Pattern: When Resistance breaks out with a downtrend line break - Confirmation: Today's strong price action above ₹910 with volume expansion - Context: Possible trend reversal after prolonged downtrend Entry Points: 1. Aggressive Entry: Current price (₹931.30) with partial position 2. Pullback Entry: On retest of breakout level ₹900-910 (if it occurs) 3. Momentum Entry: Add positions on close above ₹950 with continued volume strength Exit Strategy: - Target 1: ₹1,000 (psychological resistance) - Target 2: ₹1,100 (previous support turned resistance) - Target 3: ₹1,200 (major resistance from December) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹890-895 (just below the breakout level) - Conservative Stop: ₹850 (recent swing low) - Pattern-Based Stop: ₹775 (below the double 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 on confirmation and scaling out at each target level (e.g., 30% at each target) 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 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:KAJARIACERLong
by Karanshah137
4
Edelweiss - Double Bottom Reversal PatternNSE:EDELWEISS Made Beautiful Chart Structure today Before Q4 Results with Good Price and Volume action. Today's Price Action: - The stock has been in a clear downtrend since December 2024, forming a descending resistance line (white trendline) - Recently broke above this major downtrend line with strong momentum - Current price at ₹86.44, up 5.50 points (+6.80%) in today's session - The stock appears to have formed a Double bottom Pattern around the ₹75 levels, confirming a potential reversal Volume Analysis: - Volume spike visible in today's session (13.85M shares traded) - The previous volume averaged around 5.6M shares - This high-volume breakout suggests strong buying conviction - Volume confirms the price movement, adding credibility to the breakout Key Supports and Resistances: - Strong resistance zone at ₹87-90 (previous consolidation area marked by red horizontal line) - Key support established at ₹75-77 (green horizontal line) - Previous support at ₹86-87 may now act as resistance that needs to be cleared decisively Trade Setup: Entry Points: 1. Aggressive Entry: Current level (₹86.44) with partial position size 2. Conservative Entry: On breakout confirmation above ₹90 with closing price 3. Pullback Entry: If price retraces to the ₹82-83 range (previous breakout level) Exit Strategy: - Target 1: ₹95 (first resistance level) - Target 2: ₹105 (previous support turned resistance) - Target 3: ₹115-120 (major resistance zone from January-February 2025) - Trailing Stop: Consider implementing a 5% trailing stop after achieving Target 1 Stop Loss Placement: - Aggressive Stop: Below today's low (approximately ₹82) - Conservative Stop: Below the green support line at ₹75 - Double Bottom Pattern-Based Stop: Below ₹73 Risk Management: - Position sizing: Limit to 1-2% risk of total capital per trade - Risk-reward ratio: Minimum 1:1 for aggressive entry, 1:1.5 for conservative entry - Consider scaling out of position at each target level (e.g., 33% at each target) The improved price action comes after several months of decline, with the potential Double Bottom pattern suggesting a possible trend reversal if completed successfully. 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 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:EDELWEISSLong
by Karanshah137
6
APL Apollo Tubes - Flag & Pole BONSE:APLAPOLLO gave a Flag & Pole Breakout today. Post Q4 Results. Con-Call Highlights: MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 55.09 BILLION RUPEES MARCH-QUARTER CONSOL PROFIT 2.93 BILLION RUPEES SEES TOTAL CAPACITY OF 6.8 MILLION TONS BY FY28 SEES CAPEX OF 15 BILLION RUPEES IN NEXT 3 YEARS Keep in the Watchlist. NO RECO. For Buy/Sell. 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:APLAPOLLOLong
by Karanshah137
4
Thomas Cook - Early Trend Reversal SignalsNSE:THOMASCOOK Made Beautiful Chart Structure today Before Q4 Results with Good Price and Volume action. Price Action and Base Formation Analysis: Consolidation Base: The stock has formed a critical consolidation base in the ₹130-140 zone: 1. Base Characteristics: - Horizontal support zone marked in green - Multiple tests of this zone (4-5 clear touch points) - Tight price compression indicates potential energy buildup 2. Breakout Dynamics: - Today's 13.91% surge represents a decisive breakout from the consolidation zone - Penetration above ₹140 with strong momentum suggests a potential trend change - The red arrow indicates the resistance level that might be overcome. Volume Analysis: Volume provides crucial insights into the price action: - Today's volume at 2.46M shares is more than 2x the 20-day average - Significant volume spikes are visible in February and March - Recent volume pattern shows increasing participation - Volume expansion coincides with today's breakout, confirming buying interest Support and Resistance Levels: Key Resistance Levels: 1. Immediate Resistance: ₹148-150 (recent swing high) 2. Major Resistance: ₹160-165 (previous structural resistance) 3. Psychological Resistance: ₹150 (round number) Key Support Levels: 1. New Support: ₹130-140 (previous consolidation zone) 2. Secondary Support: ₹125 (lower boundary of recent base) 3. Strong Support: ₹118-120 (52-week low area) Technical Pattern: Several important patterns are evident: 1. Accumulation Base: The ₹130-140 zone represents a classic accumulation pattern - Tight trading range - Multiple support tests - Decreasing volatility 2. Trend Reversal Signals: - Higher lows forming since February - Decreasing downward momentum - Breakout with strong volume My Take: The combination of: - Decisive breakout from a multi-month base - Substantial volume confirmation - Clear momentum shift Suggests NSE:THOMASCOOK could be transitioning to a bullish trend Post Q4. Price Projection: 1. Near-term Target: ₹160-165 2. Intermediate Target: ₹180-190 3. Long-term Potential: Retest of previous highs near ₹200 Critical Watch Points: - Ability to sustain above ₹140 - Volume confirmation in subsequent sessions - Holding the breakout without immediate retracement 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 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:THOMASCOOKLong
by Karanshah137
6
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
Shriram Pistons - Wedge BO NSE:SHRIPISTON Made Beautiful Chart Structure today after Q4 Results with Good Price and Volume action. Wedge Breakout Pattern History: The chart displays a remarkable track record of successful wedge breakout patterns, which has become a defining characteristic of this stock's technical behaviour: Past Wedge Breakout Sequence: First Wedge (2022-2023): Initial falling wedge formation around the ₹550-700 range, which broke out to the upside and catalysed a strong rally. Second Wedge (Mid-2023): Formed after the first major run-up at the ₹1,000-1,200 level. This wedge breakout propelled the stock toward the ₹1,600 level. Third Wedge (Early 2024): A more compact wedge pattern around ₹1,800-2,000 that triggered another significant upward move. Fourth Wedge (Recent): The latest wedge formation, which has just broken out with today's massive 14% price surge. Pattern Reliability: What makes this technical setup particularly compelling is the consistency of these wedge patterns: Each wedge has followed a similar compression pattern All previous breakouts have led to substantial price advances The patterns have maintained their predictive validity across different market cycles The breakouts have consistently occurred on higher-than-average volume (implied by the large price bars) Current Breakout Analysis: Today's 14% surge represents a powerful breakout from the most recent wedge pattern: The breakout has occurred with exceptional momentum (nearly 20% gain on a weekly TF) The price action has cleared both the upper trendline resistance and previous swing highs The stock is now approaching its all-time high of ₹2,399.00 Price Structure & Technicals: Beyond the wedge patterns, the stock shows several positive technical characteristics: Consistent stair-step pattern of higher lows and higher highs Each consolidation period (wedge) has been followed by robust expansion Primary trend remains strongly bullish with price well above major moving averages (implied) Each breakout has established a new support level at the previous resistance Projection Based on Historical Pattern: Given the stock's history of successful wedge breakouts: The measured move projection from this breakout suggests a potential target in the ₹2,400-2,600 range The stock could reach new all-time highs if the pattern's reliability continues Previous breakouts have generally resulted in 20-30% moves from the breakout point Key Levels to Watch Immediate Resistance: ₹2,399.00 (all-time high) Support: ₹1,950-2,000 (previous wedge upper boundary, now potential support) Secondary Support: ₹1,800 (previous consolidation level) Conclusion: Shriram Pistons & Rings demonstrates a remarkably consistent pattern of wedge breakouts that have reliably preceded significant price advances. Today's powerful breakout continues this technical signature, suggesting the potential for further upside if historical pattern reliability maintains. 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 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:SHRIPISTONLong
by Karanshah137
10
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
Big Money is Moving In—This Chart Screams BREAKOUT!A deep technical revisit on PREMEXPLN reveals a textbook example of structure, confluence, and timing: ✅ Previous Cup & Handle Breakout Zone (Yellow) The stock gave a massive breakout in mid-2023 from a well-formed Cup and Handle base. This zone, once a strong resistance, now acts as a long-term structural support (highlighted in yellow). ✅ Fibonacci Retracement from ATH to CMP A Fibonacci retracement from the all-time high of ₹906.4 to current levels shows a 61.8% retracement near ₹399, aligning perfectly with the current bounce zone. ✅ Red-to-Green Flip Zone The stock previously struggled around ₹420–₹480 (red resistance block), but now this zone is flipping into support with price reclaiming it—textbook polarity flip. ✅ WTF Counter-Trendline Breakout A clean weekly CT breakout is visible with strong bullish conviction. The breakout candle engulfs the previous sell-off wick, signaling wick fill + rejection absorption—a bullish candle combination. The breakout is supported by a noticeable volume spike (7.78M).
NSE:PREMEXPLNLong
by Averoy_Apoorv_Analysis
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
Endurance Techno - Good Price and Volume ActionNSE:ENDURANCE Made Beautiful Chart Structure today before Results Next Week with Good Price and Volume action. Keep in the Watchlist. NO RECO. For Buy/Sell. 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:ENDURANCE
by Karanshah137
8
NIIT LTD - Bullish Reversal Setup📊 NIIT LTD – Bullish Reversal Setup 🕰️ Timeframe: 1D | 🧩 Pattern: Double Bottom 🔍 Technical Chart Overview: NIIT is showing a strong Double Bottom reversal pattern on the daily chart — a classic signal of potential trend reversal from bearish to bullish. After bouncing from the major support zone near ₹105, the price has broken out above the neckline (around ₹133.5) on strong volume, indicating bullish conviction. 🔑 Key Technical Levels: 🔵 Resistance Levels: ₹159.70 ₹171.50 🔴 Support Levels: ₹133.50 (neckline retest zone) ₹127.90 (minor support) ₹105.00 (base support) 📈 Breakout Confirmation: Price has broken above the neckline with a high volume spike, confirming the double bottom breakout. Next targets lie in the ₹159–₹171 range, aligning with previous supply zones. 📊 Volume & Price Action Notes: Recent bullish candles with above-average volume Potential retest of neckline could offer a favorable risk-reward entry 🧠 Bias: Bullish (as long as price holds above ₹133.5) 📌 Chart Indicators Used: 📉 Volume Spike confirmation 🔃 Double Bottom Pattern 🔍 Key S/R Levels marked 📍 Entry/Target Path projection with arrow ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Please DYOR before making trading decisions. 📈 Follow for more actionable chart patterns | PriceAction_Pulse 💬 Drop a comment if you're tracking NIIT!
NSE:NIITLTDLong
by PriceAction_Pulse
CCL - Beautiful Chart Structure Post Q4NSE:CCL made a Beautiful Chart Structure today after Q4 Results. Keep in the Watchlist. NO RECO. For Buy/Sell. 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:CCL
by Karanshah137
12
Marico Ltd- Cup & Handle Breakout Forming?Marico Ltd.—Cup & Handle Breakout Forming? ☕️📈 📆 Date: April 10, 2025 📊 Chart Analysis: Marico is showing a classic "cup & handle" pattern, a bullish continuation setup. The price has successfully broken above the neckline resistance, indicating a potential for upward continuation if volume sustains. 📌 Key Levels: 🛑 Resistance (neckline—now flipped to support): ₹685 ✅ Support (Base of Cup): ₹580 🔼 Immediate Resistance Targets: ₹710 ➡️ ₹735 ➡️ ₹765 📈 Indicators & Technicals: ☕ Cup & Handle Pattern clearly visible with a rounded bottom and breakout above resistance. 🔍 RSI at 71.35 shows bullish momentum but is slightly overbought —a sign of strength with caution. 💹 Volume steadily increasing — confirms accumulation phase and breakout intent. 🟥 Multiple "Bear" RSI icons (prior weakness) followed by a ✅ "Bull" label hinting at a momentum shift. 📉 Bearish divergence in RSI is now getting invalidated by price strength and pattern breakout. 🧠 Trade Plan: 📌 Entry near ₹685–₹695 breakout zone 🎯 Targets: ₹710 ➡️ ₹735 ➡️ ₹765 ❌ SL: ₹670 (below neckline) 📌 Disclaimer: For educational purposes only. Do your own research or consult with a SEBI-registered advisor before trading or investing
NSE:MARICOLong
by PriceAction_Pulse
Data Patterns - Trendline BO with High Vol. - Chart of the MonthNSE:DATAPATTNS showed good price action this month, breaking the trendline with high volumes, showcasing strength in this market. Defence Industry Stocks are showing relative strength and looking to continue that further, qualifying for my Chart of the Month. About: NSE:DATAPATTNS is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led by innovation and design, and development efforts. It has been in business for over 35 years. It has supplied products catering to all the platforms, viz., space, air, land and sea, including products for LCA-Tejas. Trade Setup: Buy on Dips near Trendline Support or the base for Positional Traders and on breakout of the candle high for Swing Traders. Target: Around ATH Zones, ideally, if sustained,d can go further up. Stop Loss: Entry Candle Low For Swing Traders and Base Marked for Positional Traders. 📌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:DATAPATTNSLong
by Karanshah137
Nifty Iron Condor – Range-Bound Strategy for May Expiry!Hello Traders! This post is for those who want to generate passive monthly income by leveraging the power of non-directional option selling . Based on current Nifty structure and OI data, I have spotted a range-bound opportunity — perfect for executing a safe, hedged Iron Condor Strategy . Why This Strategy Now? (Based on Chart Analysis) Resistance Zone: 25000–25200 (Heavy supply, multiple rejections visible) Support Zone: 23400–23250 (Major bounce levels, strong OI support) Nifty is currently trading near 24325, well inside this range — perfect for deploying a neutral premium-eating setup. Strategy Setup (Iron Condor – 29 May 2025 Monthly Expiry) Sell 25200 CE @ ₹124.25 (Resistance-based upper strike) Buy 25800 CE @ ₹38.60 (Hedge to protect against breakout) Sell 23400 PE @ ₹157.05 (Support-based lower strike) Buy 22800 PE @ ₹91.40 (Hedge to protect against breakdown) Strategy Highlights Why This Works? (OI Logic + Technical View) Strong resistance visible at 25000–25200 zone with increasing call OI Solid put writing seen at 23400 & 23500 strike — confirming downside support Volatility is stable, time decay is in our favor — making this ideal for Iron Condor sellers. Risk Management & Exit Plan Exit early if either side breaks with volume Don’t hold till expiry — aim to exit around 70–80% of max profit Always keep SL alert at breakeven range breakouts Rahul’s Tip “Option writing is not for thrill, it’s for discipline. Iron Condor is a weapon when range is visible — use it like a sniper, not a gambler.” Conclusion If you believe Nifty is likely to stay between 23400–25200 for the next few weeks, this Iron Condor setup offers great risk-managed income potential. Use proper lot sizing and risk control — and let theta do the work for you! Have you ever deployed an Iron Condor on Nifty? What was your experience? Drop your thoughts in the comments! If you found this post valuable, don't forget to LIKE and FOLLOW ! I regularly share high-quality trading setups based on real analysis, OI data, and smart risk management strategies. Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
NSE:NIFTY
by TraderRahulPal
6
KRBL LTS- Falling Wedge Breakout | Trend Reversal Signal Ahead?KRBL LTD – Falling Wedge Breakout 💥 | Trend Reversal Signal Ahead? 📅 Published on: April 17, 2025 📈 Technical Analysis: KRBL has shown a bullish breakout from a long-term falling wedge pattern on the daily chart — a classic reversal pattern signalling a potential upward move after prolonged consolidation. The breakout candle is supported by strong volume and a bullish RSI setup. Pattern: Falling Wedge (Bullish) Breakout Price: ₹306.60 Previous Resistance Line: Now acting as support Breakout Volume: 1.45M (above average) 🧭 Key Support & Resistance Levels: Immediate Support: ₹290 Major Support: ₹275 Immediate Resistance: ₹315 Next Resistance Zone: ₹330 – ₹345 Trendline Resistance (Broken): ₹300 (now support) 🔍 Indicators: RSI (Relative Strength Index): Current RSI: 66.39 — bullish, nearing overbought zone, shows strong momentum. RSI Bullish Crossover observed in April, indicating accumulation before breakout. 🧠 Price Action Observations: Price respected the wedge formation since March 2024. A strong bullish candle broke above the upper wedge with conviction. RSI confirms strength, aligning with price action breakout. Volume surge supports the breakout's validity. 📌 Strategy (For Educational Purposes): Entry: ₹305–310 (on retest) Stop Loss: ₹285 (below wedge support) Targets: ₹330 ₹345 ₹360+ 📊 Visual Markings & Icons: White Trendlines: Highlighting falling wedge support and resistance. Bullish RSI Tags: Marking key bullish RSI crossovers. Volume Spikes: Notable on breakout day. Breakout Candle: Large green candle breaching the upper wedge line. ⚠️ Disclaimer: This analysis is for educational and informational purposes only. Please consult your financial advisor before making any trading decisions.
NSE:KRBLLong
by PriceAction_Pulse
GMDC - Chart of The Week, Testing Trendline, Change of PolarityNSE:GMDCLTD has a beautiful structure on the Weekly Timeframe to qualify for my Chart of the Week idea. It saw Decent Above-Average Volumes and confirmed a Change of Polarity and is Now Testing the Falling Trendline with RSI and MACD trending upwards. About: NSE:GMDCLTD is primarily engaged in 2 sectors, i.e. mining and power. Its projects include Lignite, Bauxite, Fluorspar, Multi-Metal, Manganese, Power, Wind and Solar. Trade Setup: It could be a good Swing Trade if it breaks the trendline and the Change of Polarity is Still Intact. If the Trade gets activated after breaking the trendline, then keep this Week's Low as the Stop Loss or Even Take RSI and MACD as a Stop Loss Signal. 📌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:GMDCLTDLong
by Karanshah137