Strong PSU Bank - Indian Bank - Strong BuyIndian Bank - Swing to Short-Term Investment Report
Current Price: 653.10
TECHNICAL SETUP OVERVIEW
Analysis Type: Monthly Chart | Investment Horizon: Short to Medium Term (6-18 months)
Key Observation: After a historic breakout from multi-year resistance, Indian Bank has established itself as a solid structure for accumulation with exceptional return potential.
BREAKOUT TIMELINE & PATTERN
Historical Resistance Battle (2018): Successfully tested 5 consecutive months.
Major Breakout (January 2024) Clean breakout above 2018 resistance level, Significance 6-year base breakout - high probability setup - Follow-through Strong momentum confirmed.
Bull flag Pattern formation, Price Range: 632-736. Building energy for next leg up
Structural Advantages:
1. Clean Breakout Pattern
- No false breaks or whipsaws
- Volume confirms genuine buying
2. Multiple Timeframe Confluence
- Monthly, weekly, daily all aligned bullish
- No conflicting signals
- High probability continuation
3. Measured Move Projections
- Targets based on historical patterns
- Flag pole height projects to 1,050+
- Conservative targets: 813-973
4. Fundamental Support
- PSU bank re-rating theme intact
- Improving asset quality
- Growing dividends (35% YoY growth)
- Strong Q4 profit growth (+31.56%)
Disclaimer: For educational purposes only. Manage risk appropriately and do your own research.
🎯 Trade Smart. Trade Safe. Accumulate Quality.
Trend Analysis
Cholafin Long - Investment Ideas & AnalysisTechnical Analysis : Cholamandalam Investment and Finance Co. Ltd.
Current Price: 1,610.30
Multi-Timeframe Technical Analysis
Weekly Timeframe Pattern
The stock has formed a **Cup and Handle** pattern on the weekly chart, which is traditionally considered a bullish continuation pattern. This pattern suggests potential accumulation and a possible breakout scenario.
Daily Timeframe Analysis
On the daily chart, a * *Bullish Pennant* * formation has developed, indicating consolidation after a strong upward move. This pattern typically suggests continuation of the prior trend once a breakout occurs.
Key Technical Levels
Fibonacci Retracement Levels:
- 0 Level: ₹1,491.20
- 0.5 Level: ₹1,567.70 (approximate support zone)
- 0.618 Level: ₹1,595.45 (golden ratio support)
- 1 Level: ₹1,644.20
- 1.272 Level: ₹1,685.80
- 1.414 Level: ₹1,707.55
Current Price Action:
The stock is trading near ₹1,610.30, positioned between the 0.618 and 1.0 Fibonacci levels, suggesting a mid-range consolidation zone.
Upside Targets
If the bullish patterns play out and the stock breaks above recent resistance:
- **Primary Target:** Based on the Fibonacci extension, the measured move suggests potential toward ₹1,685-₹1,708 range
- **Pattern Target:** The Cup and Handle height projection aligns with Fibonacci extension levels
Support Analysis
- **Immediate Support:** ₹1,595-₹1,600 zone (0.618 Fibonacci level)
- **Strong Support:** ₹1,567 region (0.5 Fibonacci level)
- **Major Support:** ₹1,491 (pattern base/0 level)
With Nifty made a Bounce back and if the rally continues, adds advantage for the stock to break previous resistance." This highlights the **correlation with broader market sentiment** (Nifty index), suggesting the stock's performance may be influenced by overall market conditions.
Swing Trading Perspective
For short-term traders, the Cup and Handle height provides a **measured move target**. However, confirmation of breakout above resistance with volume would be essential before entry.
**Disclaimer:** This is a technical analysis based on chart patterns and historical price action. This is not financial advice. Traders should conduct their own research, consider risk management strategies, and consult with financial advisors before making trading decisions. Past performance does not guarantee future results.
IndiaMArt - Reversal based on RSI CDIndiaMART (NSE) - Technical Analysis & Trade Setup
Current Price: 2,376.70
Trade Setup Overview
This trade setup is based on RSI Classic Divergence combined with Price Action analysis. The stock has shown a bullish divergence pattern on the RSI indicator while forming a potential bottom around the 2,243-2,377 zone.
Entry Strategy
Entry Type: Aggressive Entry (Current levels)
Confirmation Entry: Only initiate trades after candle closing above **2,437** on a 1:2 risk-reward ratio basis.
Target Levels
- Target 1: 2,459.70 (Fibonacci 0.382 level)
- Target 2: 2,593.00 (Fibonacci 0.618 level)
- Target 3: 2,676.65 (Fibonacci 1.0 extension)
**Potential Upside:** 8.5% to 12.6% from current levels
Risk Management
Stop Loss: 2,252.50 (on candle closing basis)
Risk from Current Price: ~5.2%
Technical Indicators
RSI Analysis
- RSI showing classic bullish divergence
- Price made lower lows while RSI made higher lows
- Current RSI around 62.25, indicating bullish momentum
- RSI breaking above previous resistance zones
Fibonacci Retracement Levels
- 0 (2,243.15) - Recent Low
- 0.382 (2,377.00) - Current Support Zone
- 0.618 (2,518.60) - Key Resistance
- 1.0 (2,676.25) - Extension Target
Key Observations
1. Stock has recovered from the October low of 2,243 levels
2. RSI divergence suggests potential trend reversal
3. Price action forming higher lows, indicating accumulation
4. Multiple Fibonacci resistance levels ahead that may act as profit-booking zones
Important Notes
- This is an **aggressive entry** setup for risk-tolerant traders
- Conservative traders should wait for confirmation above 2,437
- **Strictly maintain stop loss** on closing basis below 2,252.50
- Book partial profits at each target level
- Trail stop loss as price moves in your favor
- Monitor RSI for any bearish divergence at higher levels
Disclaimer
This analysis is for educational purposes only. Please do your own research or consult with a financial advisor before making any investment decisions. Past performance does not guarantee future results.
**Follow for more technical analysis and trade setups!**
#IndiaMART #TechnicalAnalysis #StockMarket #Trading #RSIDivergence #FibonacciTrading #NSE
Kirloskar Oil Engines - Swing TradeKirloskar Oil Engines Limited - Technical Analysis Report
Current Market Price: 1,005.70
MARKET BIAS: BULLISH RECOVERY IN PROGRESS
Kirloskar Oil Engines is currently trading at 1,005.70, showing signs of bottoming out after a significant correction from its all-time highs of ₹1,450+. The stock is now forming a potential reversal pattern.
KEY TECHNICAL OBSERVATIONS:
1. Major Support Zone - HOLDING STRONG ✅
The stock has found solid support in the 900-950 zone, which coincides with:
- Multiple moving average convergence (EMA 20/50/100/200)
- Previous resistance-turned-support from mid-2025
- Psychological round number support at 900
The price has bounced decisively from this zone, suggesting accumulation by institutional investors.
2. Consolidation Rectangle Pattern (Daily/Weekly)
A clear *rectangular consolidation box* :
- Upper Range: 1,016 - 1,050
- Lower Range: 900 - 950
This sideways movement indicates Distribution completion and potential energy buildup for the next directional move.
All major EMAs are converging in the 890-910 zone, creating a strong support cluster.
TARGET ANALYSIS:
Immediate Resistance Targets:
Target 1: 1,180 - 1,200 (First Major Resistance)
- Previous consolidation high from December 2025
- 61.8% Fibonacci retracement of the recent decline
Target 2: 1,334 (Secondary Target)
- Major swing high marked on weekly chart
- Psychological resistance zone
Target 3: 1,450 (Extended Target)
- Previous all-time high zone
- Final resistance before new highs
Critical Support Levels:
- 1,000: Immediate psychological support
- 900-920: MAJOR SUPPORT (EMA cluster + pattern base)
BULLISH BREAKOUT (Higher Probability - 65%)**
CONCLUSION:
Kirloskar Oil Engines is at a Critical juncture with strong technical setup favoring a Bullish breakout. The stock has:
- ✅ Successfully held major support zones
- ✅ Maintained position above all key moving averages
- ✅ Formed higher lows indicating accumulation
- ✅ Built a strong base for the next upward move
Disclaimer: This analysis is for educational purposes only. Please consult with your financial advisor before making investment decisions. Past performance does not guarantee future results.
XAUUSD Positional Long with SL#Gold Positional Trade Outlook
Gold is currently pulling back after a sharp rally, offering #positional traders an opportunity to build entries gradually with the target upto prev ATH or rejection. Price is approaching key demand zones, so follow a scaled stop-loss (SL) structure to manage risk effectively. Consider building positions in phases as price reacts to each support level:
SL1: 4,008 – Early protective stop for light entries
SL2: 3,930 – Medium-risk level for second build-up
SL3: 3,886 – Deep stop for long-term positional holds
Stick to disciplined risk management, add positions only on confirmations, and allow the trend structure to guide your exposure.
Long Jsw HoldingsTechnical Overview – JSW Holdings Ltd (Weekly Chart)
The weekly chart of JSW Holdings Ltd indicates that the price is currently stabilizing around the 50-week EMA, suggesting the formation of a potential accumulation base. A classic bullish RSI divergence is observed, signalling weakening downside momentum and the possibility of a medium-term trend reversal.
A confirmation trigger is identified at a weekly close above 18,876, which would indicate renewed buying strength and validate a breakout from the consolidation range. The risk–reward structure is clearly defined, with an estimated downside risk of approximately 18% and an upside potential of about 37% from the trigger level. Momentum indicators, including multiple RSI readings, are turning upward from lower zones, reinforcing the improving sentiment.
Overall, the chart setup reflects an early-stage recovery structure, with a breakout above the defined trigger level required to activate a long trade bias.
Sunpharma Buy - Trade confirmationSunpharma - Bullish Breakout
1) Strong Trendline Breakout
2) From recent low made Higher High
3) Solid Range Breakout
4) EMA crossover and Sorted.
Disclaimer - Charts shared are for educational purposes only. It’s not a trade recommendation. Market are subject to financial risk, Do your own analysis before initiating any Trade.
DOW Jones is having rounding bottom formation - 8% upside targetDOW Jones is having rounding bottom formation - 8% upside target Possible.
LTP - 47500
Targets - 51300+
Timeframe - Dec-25 End.
Charts are suggesting Bull market run of 8% in next few weeks on Dow Jones - Possibility of some Positive news flows across world to take markets on big upmove in Dec Month.
Happy investing..
HUDCOHUDCO - The stock has broken out of a falling wedge, which is a bullish reversal pattern.
After the breakout, it is forming a rising channel, indicating a controlled uptrend.
Price is currently consolidating just under a strong horizontal resistance zone.
Buy above 245 | Target 272, 300 | Sl 237
Gold Analysis and Trading Strategy | November 26–27✅ From the 4-hour chart, gold pulled back noticeably after forming a short-term high at 4173, indicating strong selling pressure above. The price has repeatedly failed to hold above 4170, confirming the effectiveness of the upper resistance. The price is currently trading above MA5 and MA10, but short-term bullish momentum is weakening. The Bollinger Bands are slightly narrowing, showing that the market has entered a high-level consolidation range. Overall, gold remains in a high-level sideways structure, with limited bullish continuation and a tendency for pullbacks after pushing higher.
✅ From the 1-hour chart, gold rebounded quickly after gaining support at 4136, but once again showed a long upper shadow after testing 4173, indicating rejection. Although MA5 and MA10 remain upward-sloping, the candlesticks are repeatedly being pushed down, suggesting a short-term choppy structure. The Bollinger upper band is suppressing the price, and multiple attempts to break through have failed.
The 1-hour chart shows a weak upward attempt followed by consolidation, and price action above 4170 shows a lack of willingness from buyers to chase higher levels—short-term momentum remains weak.
🔴 Resistance Levels: 4170–4175 / 4182–4190
🟢 Support Levels: 4136–4140 / 4109–4115
✅ Trading Strategy Reference
🔰 1. Short on Rebounds (Main Strategy)
📍 Sell lightly in the 4170–4175 zone
🎯 Targets: 4156 / 4145 / 4136
⛔ Stop-loss: Above 4182
Reason:
H4 and H1 both show repeated failure to break higher
Long upper shadows indicate strong selling pressure
This zone is the top of the high-level consolidation range
🔰 2. Buy on Pullbacks (Secondary Strategy)
📍 Consider long positions near 4136–4140
🎯 Targets: 4160 / 4170
⛔ Stop-loss: Below 4128
Reason:
4136 is today’s key support and the previous rebound point
Short-term moving averages provide support below
As long as 4136 holds, price remains in a buy-the-dip zone within the consolidation structure
📌 Summary
Gold remains in a high-level consolidation structure:
Strong resistance at 4170–4175 → easy to pull back after testing
Solid support at 4136–4140 → buyers tend to step in on dips
📌 Short-term rhythm:
Sell high, buy low — trade within the 4136–4175 range.
Is LTC Replicating XRP’s Historical Pre-Breakout Formation?📌 LTC/USDT Analysis – Weekly Timeframe
Litecoin has consistently shown positive reactions to this major support zone over the past years. This level has repeatedly prevented deeper declines and remains one of the strongest historical supports for LTC.
🔹 Key Resistance Levels
Heavy resistance: around $180
Historical resistance: around $450
🔹 Green Zones: Targets
Based on the current market structure, the green highlighted areas represent potential upside targets:
Target 1: $280 – $300
Target 2: $400 – $420
Target 3: $800 – $830
🔹 Important Structural Similarity
The current LTC structure shows a strong similarity to XRP’s chart before its major breakout, where price spent a long period consolidating and repeatedly reacting to a critical support zone.
🔹 Suggested Buying Strategy
Considering the consistent reactions to this support, a laddered (DCA) buying approach may be a more suitable strategy to manage risk effectively.
⚠️ Disclaimer:
This is only a personal opinion and not a buy or sell signal
Strong RECOVERY and CLOSING! What's next!?As we can see NIFTY showed strong upmove but we still need confirmation of weekly candle for bull run continuation hence following the structure, we may see a continuation of upmove but will only be confirmed if candle closing is seen in weekly time frame so plan your trades accordingly and keep watching everyone.
MCX GOLD: All set for yet another Golden Rally? Likely C&S B-OUTGOLD: After a brief consolidation seems its all set for another GOLDEN Rally.
Formed Cup&Handle pattern in Hourly charts.
Going by the pattern the logical targets would be 1,27,000-1,28,000-1,30,000 with 1,20,000-1,24,000 acting as the support.
(For educational purpose only)
MNQ Short: Rejection at Major Structural ResistancePrice action on the 4-hour chart has retraced into a key structural level. The recent rally appears to be stalling at this horizontal resistance, presenting a high-probability bearish setup. I am looking for a rejection here to resume the broader downward momentum.
Trade Plan:
Direction: Short / Sell
- ENTRY: Current market price (+- 20 points as shown) / Around level shown
- STOP LOSS: placed strictly above the recent swing high and resistance line (Red Zone) to invalidate the thesis if momentum shifts.
- TAKE PROFIT: Targeting the liquidity pool at the previous swing lows (Green Zone).
Risk Management: This setup offers a favorable Risk-to-Reward (R:R) ratio, allowing for a tight stop while targeting a significant move down.
Hindustan Petroleum Corporation Ltd – Weekly Chart AnalysisPricePrice has been moving inside a rising wedge structure, forming higher highs & higher lows over the past several months. Recently, the stock attempted a breakout above the wedge resistance but is now trading near the upper trendline, showing signs of pullback or retest behavior.
Volume has remained moderate, suggesting the market is waiting for a clear direction.
Now price action is at a decision zone — either a successful retest could resume bullish momentum, or failure may lead to profit-booking and a slide toward lower support trendlines.
This zone becomes crucial for directional clarity.
Market Isn’t Manipulated — It’s Just MisunderstoodI’ve seen so many FinGurus, influencers, and even new students say that the Indian market or the index is “manipulated.”
Let me break that illusion today — the index is not manipulated.
When people don’t understand something, they either blame it… or glorify it.
The market is neither God nor a gangster.
It simply reflects data, structure, and behaviour — all visible on the chart.
If you’ve been reading my commentary daily, you already know the truth:
The market is predictable when you track the right technicals and price action.
Most people just don’t pay attention to the details.
Now let’s come back to NSE:NIFTY
Exactly as expected, today’s dip got bought immediately.
And yesterday I clearly wrote that if Nifty sustains above 26000 even on hourly, the Sell-on-Rise idea becomes invalid.
That’s exactly what happened.
So from here on, the approach shifts to Buy the Dip —
but only from intraday supports + OI buildup zones.
Pivot is at 26087 and Nifty is comfortably above it.
Pivot Percentile is wide, which usually signals a sideway day where dips get bought.
Based on the structure, I think Nifty may form an Inside Bar tomorrow —
a day where both sides get trapped and liquidity is absorbed quietly.
So my plan is simple:
I’ll wait for the Pivot to tighten and prepare for the next breakout opportunity.
If the index doesn’t move according to my plan, I won’t trade — no matter how big the breakout looks.
I only trade what I can plan. Nothing else.
Let’s see what tomorrow brings and then act accordingly.
Take care. Have a profitable tomorrow.
Silver today booked 140 pips continuesly buying recommended 48.2Parameters Data
Asset Name Silver COMEX (XAG/USD)
Reason 🟩 US rate cut expectations, weak dollar, aur high industrial demand ke chalte strong breakout.
R:R 🟩 R:R ratio is favorable for T2/T3 targets. / Threshold: Breakout above - & Breakdown below
Current Trade 🟩 BUY Active ⬆️ Target T1 - 53.50 , T2 - 54.49 , T3 - 55.50 , Stop loss - 51.49
Probability 🟩 85% (Strong fundamental & technical alignment.)
Confidence 🟩 26/30 (Massive YTD return aur aaj ki strong closing confirms conviction.)
Price Movement Buy side: 53.50, 54.49, 55.50. If break 51.49 then downside possible towards 51.00, 50.50, 49.50.
FNO Data (OI/PCR) 🟩 OI mein substantial long positions added, indicating continued institutional interest.
Liquidity Zones 🟩 High Liquidity / Price discovery mode near all-time high zone.
Max Pain 🟨 N/A (Futures Contract)
Gamma Exposure 🟩 Gamma positive, jo price ko current level se upar ki taraf dhakel raha hai.
Supports 🟩 S1: 51.49 (Previous Close/Major Pivot) | S2: 50.50 (50-Day EMA) | S3: 49.50 (Psychological/Range Lows)
Resistances 🟥 R1: 53.50 (Immediate Technical Supply) | R2: 54.49 (52-Week High/ATH zone) | R3: 55.50
DEMA Levels 🟩 Price 20/50/100/200 DEMA se kaafi upar hai (Structural uptrend intact).
ADX/RSI/DMI 🟩 RSI (14) \sim 80+ (Overbought, par momentum extremely strong hai).
Cross‑Asset Correlation 🟩 Gold (GC/USD) ke saath strong positive correlation.
COT Positioning 🟩 Commercials ne short-covering ki hai, aur Managed Money net longs badha rahe hain.
Source Ledger 🟩 OANDA, TradingView (Image Data), CME Group, Kitco, Investing.com (Verified & Triangulated).
FVG Retracement With EMA, RSI & Fib Confluence📈 Bitcoin Chart – FVG Retracement With EMA, RSI & Fib Confluence in a Bearish Market Structure
This chart showcases a sustained bearish sequence on BTC, defined by a clean continuation of Lower Highs (LH) and Lower Lows (LL). Throughout this decline, multiple Fair Value Gaps (FVGs) have formed both locally and at higher levels — each created by strong institutional sell-side displacement.
As price trends downward, these unmitigated FVGs above the market consistently act as magnet zones:price retraces into previous inefficiencies, rebalances them, and resumes the dominant bearish trend.
In the current setup, the integration of FVGs + Fibonacci Retracement(Point A to B) + EMA Levels + RSI Momentum provides a highly structured roadmap for anticipating retracements and continuation points.
The most significant imbalance sits near the major Fib retracement zone and under key EMAs — making it the highest-probability reaction area. Secondary FVGs below it may still induce a bounce, but carry lower structural relevance.
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📊 Key Observations
1️⃣ Prior FVG Mitigation
A previously formed FVG under the EMA was cleanly filled, followed by immediate downside continuation.
This confirms bearish order-flow control and validates the role of FVGs as efficient retracement targets in a downtrend.
2️⃣ High-Priority FVG (Primary Zone)
The upper FVG holds the strongest confluence:
Created by strong displacement
Sits below the EMA50
Aligns with the 38.2%–61.8% Fib retracement zone
This cluster makes it the most likely zone for a meaningful bearish rejection if price retraces into it.
3️⃣ Secondary FVG Reaction Zone
A lower FVG also exists beneath the main zone.
Although it can cause a minor corrective bounce, it formed during a smaller move and does not align with the key trend or Fib levels — giving it lower probability.
4️⃣ RSI Momentum Context
RSI remains below 50, confirming bearish momentum.
When RSI stays under mid-line, bearish FVG reactions tend to be more reliable and continuation setups form cleanly.
5️⃣ Structural Context
The broader structure remains decisively bearish as long as price trades below the EMAs and below the major upper FVG.
Retracements into these zones are more likely to serve as rebalancing moves rather than genuine reversal attempts.
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📊 Chart Explanation
Symbol → BTCUSDT
Timeframe → 1D
This visualization illustrates how Smart Money Concepts apply cleanly during strong trending conditions:
A clear LH–LL downtrend
Several historical FVGs acting as retracement magnets
A previously mitigated FVG confirming bearish control
A high-confluence FVG aligned with EMAs and Fib levels
A secondary imbalance that can still induce short-term reactions
RSI showing momentum remains bearish
Together, these elements outline a textbook sequence:
displacement → inefficiency → retracement → rebalancing → continuation.
Price remains under firm bearish control unless it breaks above the upper FVG with conviction.
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📘 Using Fib Retracement, EMA50, and RSI With FVGs (Bullish + Bearish)
🔹 1. Fibonacci Retracement + FVG
In a downtrend, draw Fib from swing high → low; in an uptrend, draw low → high
The 38.2%–61.8% zone is the prime retracement area in both directions.
If an FVG forms or sits inside this Fib zone, it becomes a high-probability reaction point (bearish rejection in downtrend, bullish bounce in uptrend).
🔹 2. EMA50 + FVG
In a bearish trend, price and FVGs forming below EMA50 act as stronger bearish retracement zones.
In a bullish trend, price and FVGs forming above EMA50 act as stronger bullish retracement zones.
EMA50 acts as a mean reversion point where price often returns to rebalance before continuation.
🔹 3. RSI + FVG
RSI below 50 → bearish momentum → bearish FVG reactions are more reliable.
RSI above 50 → bullish momentum → bullish FVG reactions are more reliable.
If RSI rises from oversold (or falls from overbought), it often signals a retracement phase toward nearby FVGs.
🔹 4. Combined Logic (Works for Bullish and Bearish)
Displacement creates an FVG (inefficiency).
Price retraces into the 38–61% Fib zone.
Retracement taps EMA50 or stays on the correct side of EMA50 (below for bearish, above for bullish).
RSI confirms momentum (below 50 for bearish continuation, above 50 for bullish continuation).
Price rejects from the FVG and continues the trend.
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✅ Summary
Market structure remains bearish with consistent LHs and LLs.
A previously filled FVG under the EMA validated the continuation move.
The upper FVG is the highest-strength level due to EMA + Fib + displacement confluence.
A lower FVG exists but carries reduced importance.
RSI below 50 reinforces bearish momentum and reliability of bearish FVG reactions.
⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻
⚠️ Disclaimer
📘 For educational purposes only.
🙅 Not SEBI registered.
❌ Not investment advice.
🧠 Smart-Money-Concepts explanation only.
Ujjivan SFB (D): Strongly Bullish, Testing 5-Year ResistanceThe stock is staging a powerful recovery from its 2025 lows. It is currently challenging a critical "confluence resistance" zone (₹54-₹56) that dates back to Feb 2020. A breakout here would trigger a major structural shift.
📈 1. The Long-Term Context (The "U-Shape" Recovery)
- The Fall: After hitting its All-Time High (ATH) of ₹63 in Dec 2023, the stock entered a steep 15-month correction, losing ~51% of its value by early 2025.
- The Recovery: Since March 2025, the stock has been in a steady uptrend, effectively creating a large "Rounding Bottom" or "Cup" structure.
- The "Lid" (Feb 2020 Resistance): The ₹54 – ₹56 zone is not just a random level; it aligns with the major structural resistance from February 2020 (pre-COVID highs). Breaking this would mean clearing a 5-year hurdle.
🚀 2. The Fundamental Catalyst (The "Why")
The recent bullishness is supported by improving fundamentals, which validates the technical breakout:
- Record Disbursements: In the recent Q2 results, the bank reported its highest-ever quarterly disbursements , signaling strong business growth.
- Asset Quality: Stable asset quality is attracting institutional interest, as seen in the volume spike.
💥 3. Today's Price Action (Nov 26, 2025)
- The Surge: The stock surged +3.84% , closing near the day's high.
- Volume Expansion: The move was backed by massive volume of 30.09 Million shares.
- Volume Trend: This spike comes after a period of declining volume , which is a classic "volatility contraction" setup. The sudden expansion today confirms fresh buyer participation.
📊 4. Technical Indicators
- EMAs: Short-term EMAs are in a PCO (Price Crossover) state across Monthly, Weekly, and Daily timeframes, confirming aligned bullish momentum.
- RSI: The Relative Strength Index is rising across all three timeframes, showing that momentum is accelerating into the breakout.
🎯 5. Future Scenarios & Key Levels
The stock is currently inside the breakout zone.
- 🐂 Bullish Case (Breakout):
- Trigger: A decisive weekly close above ₹56 .
- Target: The primary target is a retest of the ATH at ₹63 . Beyond that, the stock enters "blue sky" price discovery.
- 🐻 Bearish Case (Rejection):
- Trigger: If the 5-year resistance (₹56) proves too strong and sellers step in.
- Support: The stock would likely fall back to the ₹53 level (immediate support) or the 20-day EMA to gather more strength.
Conclusion
The setup is highly potent because it combines a technical recovery with a 5-year structural breakout attempt. Watch for a sustained close above ₹56 to confirm the run to ₹63 .






















