Range + Cup & Handle Breakout In Eicher MotorRange + Cup & Handle Breakout = Lethal Combination
1.Got 6 Years Range + Cup & Handle Breakout on Dec 2023 Closing ( 4143.5 )
2. April 2024 Monthly Candle Closed At 4597.4, Above The Breakout Level Of Dec 2023
TRADE:
Buy 50% Here At Cmp - 4765 & Rest 50% If You Get Any Dip To 4150-4200
SL - 3880 ( Monthly Closing Basis )
Target = 6500++
Trend Analysis
XAUUSD H1 – Pennant + Head & ShouldersXAUUSD H1 – Pennant + Head & Shoulders: Two Key Levels 3657 / 3627
Hello Traders,
Gold opened the week with a bounce of over 20 points from the rising trendline and is now consolidating within a Pennant, which aligns with a small Head & Shoulders structure on the H1 chart. At the moment, the market is waiting for a breakout and confirmation to establish a clearer direction.
Pattern: A narrowing Pennant Flag alongside an H&S (left shoulder – head – right shoulder).
Key Zones to Watch
3655–3660: Crucial reaction zone (trendline + Pennant top).
3627: Critical support — a break below would invalidate the short-term bullish structure.
Fibonacci Levels:
1.618 in the mid-range, 2.618 lower — possible targets for a deeper correction.
MACD (12,26,9): Histogram has turned negative → short-term bearish momentum has the edge, though clear confirmation is still pending.
Trading Scenarios
Bullish Setup
Entry: Retest around 3654–3657
Targets: 3663 – 3670 – 3680 → 3695
Stop: Below 3648
Bearish Setup
Entry: Sell directly on breakdown, or wait for a retest near 3671–3674
Targets: 3663 – 3650 – 3633 – 3615 → 3595 → 3568 → 3540
Stop: Above 3679
the market is currently pricing in near certainty of a 0.25% Fed rate cut on 17th September, while the probability of a 0.50% cut still remains on the table.
If you find this analysis helpful, feel free to share your thoughts in the comments. I’ll update the outlook as soon as the price structure changes — follow me to get the latest setups first.
BTC Price Action: Bulls vs BearsBTC Price Action: Bulls vs Bears
Bitcoin has shown a gradual recovery after a prolonged corrective phase, with market structure leaning toward a constructive buildup. Fundamentally, sentiment is influenced by global macro conditions—investors are watching U.S. monetary policy signals, while stable demand from institutions and long-term holders continues to provide a supportive backdrop. On-chain activity remains steady, with balanced exchange inflows and outflows suggesting no extreme directional pressure in the near term.
From a technical perspective, the market has shifted momentum from bearish flows into a developing bullish sequence. The recent break of structure on the 4H timeframe highlights strengthening upside intent, though price is still moving within a broader accumulation phase. Current flows suggest the possibility of a short-term dip for liquidity before continuation to higher levels, aligning with the overall constructive weekly outlook.
GBPUSD Ready for Expansion After Liquidity GrabThe market has been trading within a broad range, characterized by multiple liquidity grabs on both highs and lows. Each sweep has been followed by sharp reactions, confirming active smart money positioning. Recent price action shows a strong recovery after a downside liquidity sweep, indicating accumulation and rebalancing of orders.
The structure is now transitioning into a bullish leg. The short-term projection suggests a potential engineered dip to collect liquidity before a continuation to the upside. This aligns with the current market cycle of accumulation → expansion.
Reverse H&S Pattern Breakout In Tata PowerTATA POWER given Reverse Head & Shoulder Pattern breakout form neckline arround 390 level .Currently stock is trading above all important moving averages .RSI & MACD also indicating strength in stock .Possible target of this breakout will be arround 415 Rs with a stoploss of 385 Rs.
Its not a buy or sell call ..For education only
COCHINSHIP IN (Cochin Shipyard) LongCSL is the largest shipbuilder and ship repairer in India
The company recently bagged a contract with Adani Ports and SEZ for the construction of eight tugboats worth about $54 million through its subsidiary Udupi Cochin Shipyard Limited
The conclusion of the Master Ship Repair Agreement (MSRA) with the US Navy for the repair of USNS ships opens up a significant new source of revenue
The company showed an impressive 38.51% YoY revenue growth in the last quarter, reaching INR 106.86 billion
From a technical perspective
-There was an ascending trend line
-Breakout up and then retest of the descending line.
-The correction is ending
-Expect a breakout of the resistance and an increase in quotes
BANKNIFTY 1D Time frame📍 Current Price
BANKNIFTY is trading around 55,319.55, up 0.31% for the day.
🛑 Support Levels (Downside)
55,146.55: Recent low; immediate support.
55,000: Psychological level; key support zone.
54,777.75: Stronger support; breaking this may trigger a larger sell-off.
🔺 Resistance Levels (Upside)
55,397.05: Recent high; near-term resistance.
55,500: Round number resistance; next hurdle.
55,628.40: Strong resistance; breakout here may extend uptrend.
✅ Trend & Outlook
The trend is mildly bullish; price is above key support zones and moving averages.
Resistance is nearby; unless BANKNIFTY breaks 55,500–55,628 decisively, upward move may face pressure.
Downside risk exists if it falls below 55,146–55,000.
NIFTY 1D Time frame Today’s Nifty
Nifty is around 25,326.
It started higher than yesterday, so buyers are slightly stronger.
The trend is mildly bullish, not too strong.
Support (Where Nifty may stop falling)
25,229 → first safety net.
25,200 → key round number support.
25,000 → strong support; big drop if broken.
Resistance (Where Nifty may stop rising)
25,261 → small ceiling.
25,316 → bigger hurdle; breaking means bulls are strong.
25,350–25,360 → tough ceiling; breakout may continue uptrend.
Trend & Simple View
Mildly bullish now.
If Nifty breaks resistance, it may go higher.
If it falls below support, it may drop more.
Easy analogy: Nifty is like a ball bouncing between floor (support) and ceiling (resistance).
SENSEX 1D Time frameCurrent Status
Sensex Level: 82,623
Change: +594.95 points (+0.73%)
Opening: 81,852
Day’s Range: 81,780 – 82,443
52-Week Range: 71,425 – 85,978
📈 Market Sentiment
Trend: Mildly bullish
Leading Sectors: Auto, Realty, Telecom
Investor Mood: Optimistic, but watching global cues
🔍 Key Levels to Watch
Immediate Support: 81,800 – 81,850
Resistance Zone: 82,400 – 82,500
Psychological Milestone: Breaking above 82,500 may push higher
🧭 Outlook
Sensex is showing positive momentum supported by strong sectors.
Bulls are slightly stronger, but resistance near 82,400–82,500 may cap upside.
A drop below 81,800 could bring downside pressure toward 81,500–81,400.
RELIANCE 1D Time frameCurrent Stock Price
Current Price: ₹1,411.60
Day’s Range: ₹1,406.90 – ₹1,412.50
52-Week Range: ₹1,114.85 – ₹1,551.00
Market Cap: ₹19.09 lakh crore
P/E Ratio: 23.43 (lower than sector average)
Dividend Yield: 0.39%
Book Value: ₹605.55
TTM EPS: ₹60.23 (+18.56% YoY)
📈 Trend & Outlook
Short-Term Trend: Mildly bullish; the stock has risen for five consecutive sessions.
Resistance Levels: ₹1,412.50 (day’s high), ₹1,551.00 (52-week high).
Support Levels: ₹1,406.90 (day’s low), ₹1,375.00 (recent low).
Investor Sentiment: Positive, with expectations around upcoming IPOs for Jio and Retail in 2026 and 2027, respectively.
🧭 Analyst Insights
Citi Group has a target price of ₹2,020, citing improved sentiment post-SEBI’s new listing norms for Jio and Retail.
Quant Mutual Fund increased its stake in Reliance Industries in August, indicating institutional confidence.
HDFCBANK 1D Time frameCurrent Stock Price
Current Price: ₹966.85
Day’s Range: ₹965.15 – ₹974.40
52-Week Range: ₹806.50 – ₹1,018.85
Market Cap: ₹14.88 lakh crore
P/E Ratio: 21.03
EPS (TTM): ₹45.97
Dividend Yield: 1.13%
Book Value: ₹339.84
📈 Trend & Outlook
Short-Term Trend: Mildly bullish; stock showing positive movement in recent sessions.
Resistance Levels: ₹974.40 (day’s high), ₹1,018.85 (52-week high).
Support Levels: ₹965.15 (day’s low), ₹950.00 (recent low).
Investor Sentiment: Positive, supported by institutional buying and favorable outlook.
🧭 Key Notes
Stock has room to move higher if it breaks near-term resistance.
If it falls below support, downside may extend to ₹950 or lower.
Overall, bulls are slightly stronger, but watch resistance for profit booking.
SBIN 1D Time frameCurrent Stock Price
Current Price: ₹842.25
Day’s Range: ₹831.00 – ₹845.80
52-Week Range: ₹680.00 – ₹875.45
Market Cap: ₹7.68 lakh crore
P/E Ratio: 9.77
EPS (TTM): ₹86.06
Dividend Yield: 1.91%
Book Value: ₹527.66
📈 Trend & Outlook
Short-Term Trend: Bullish; trading above key support levels and showing positive momentum.
Resistance Levels: ₹845.80 (day’s high), ₹875.45 (52-week high)
Support Levels: ₹831.00 (day’s low), ₹818.32 (weekly pivot)
Investor Sentiment: Positive, with institutional interest and favorable outlook.
🧭 Key Notes
Immediate support around ₹831–₹818; if it holds, price may rise toward resistance.
If it drops below ₹818, downside may extend toward ₹800 or lower.
Overall, bulls are slightly stronger, but watch resistance near ₹845–₹875.
KOTAKBANK 1D Time frameCurrent Stock Price
Current Price: ₹2,045.60
Day’s Range: ₹2,020.30 – ₹2,045.60
52-Week Range: ₹1,679.05 – ₹2,301.90
Market Cap: ₹4.05 lakh crore
P/E Ratio (TTM): 20.47
EPS (TTM): ₹96.30
Dividend Yield: 0.12%
Book Value: ₹740.29
📈 Trend & Outlook
Short-Term Trend: Bullish; the stock is trading above key support levels and showing positive momentum.
Resistance Levels: ₹2,045.60 (day’s high), ₹2,301.90 (52-week high).
Support Levels: ₹2,020.30 (day’s low), ₹2,000.00 (psychological support).
Investor Sentiment: Positive, with strong institutional interest and favorable analyst outlooks.
🧭 Analyst Insights
Valuation: The stock is trading at a P/E ratio of 20.47, which is slightly above the sector average of 19.82, indicating a premium valuation.
Growth Prospects: The bank's strong earnings growth and robust capital position support its premium valuation.
INFY 1D Time frameCurrent Stock Price
Current Price: ₹1,525.60
Day’s Range: ₹1,521.10 – ₹1,542.90
52-Week Range: ₹1,307.00 – ₹2,006.45
Market Cap: ₹6.33 lakh crore
P/E Ratio (TTM): 23.0
EPS (TTM): ₹65.63
Dividend Yield: 2.82%
Book Value: ₹230.65
📈 Trend & Outlook
Short-Term Trend: Bullish; the stock is trading near its 52-week high, indicating strong investor confidence.
Resistance Levels: ₹1,542.90 (day’s high), ₹2,006.45 (52-week high).
Support Levels: ₹1,521.10 (day’s low), ₹1,500.00 (psychological support).
Investor Sentiment: Positive, with strong institutional interest and favorable analyst outlooks.
🧭 Analyst Insights
Valuation: The stock is trading at a P/E ratio of 23.0, which is below the sector average of 28.56, suggesting potential value.
Growth Prospects: The company’s strong earnings growth and robust capital position support its premium valuation.
BHARTIARTL 1D Time frameCurrent Stock Price
Current Price: ₹1,944.50
Day’s Range: ₹1,933.25 – ₹1,944.85
52-Week Range: ₹1,510.80 – ₹2,045.80
Market Cap: ₹11.63 lakh crore
P/E Ratio (TTM): 31.89
EPS (TTM): ₹60.94
Dividend Yield: 0.82%
Book Value: ₹150.17
📈 Trend & Outlook
Short-Term Trend: Bullish; the stock is trading near its 52-week high, indicating strong investor confidence.
Resistance Levels: ₹1,944.85 (day’s high), ₹2,045.80 (52-week high).
Support Levels: ₹1,933.25 (day’s low), ₹1,910.00 (psychological support).
Investor Sentiment: Positive, with strong institutional interest and favorable analyst outlooks.
🧭 Analyst Insights
Valuation: The stock
XAUUSD GOLD ANALYSIS ON (17/09/2025)#XAUUSD UPDATEDE
Current price - 3673
If price stay above 3660 then next target 3690,3710 and 3730 and below that 3635
Plan;If price break 3673-3667 area,and stay above 3675,we will place buy order in gold with target of 3690,3710 and 3730 & stop loss should be placed at 3660
Maruti Suzuki . Multi time frame analysisThe price is forming a very narrow range consolidation between 15300 and 15360 in the one-hour time frame. The price can give a breakout from here or test the trend line before moving up.
In the daily time frame, we can see double top resistance around the 15370 and 15388 zones.
Using this analysis, when we look at the 15-minute chart, safe entry will be when the price sustains above the double top or during a pullback when the price takes support around 15200.
Scenario 1: Buy above 15390 with the stop loss of 15330 for the targets 15440, 15490, 15540, 15590, and 15660.
Scenario 2: Buy above 15200 with the stop loss of 15140 for the targets 15260, 15320, 15380, 15440, and so on.
Always do your analysis before taking any trade.
Elgi Equipments Ltd – Fundamental & Technical Analysis📌 Sector: Capital Goods (Pumps)
📌 Market Cap: ₹14,804 Cr
📌 P/E Ratio: ~40.8×
📊 Fundamentals
The company has consistently reduced debt over the past 5 years, strengthening its balance sheet.
Profit Growth: From ₹312 Cr (Jun 2024) → ₹363 Cr (Jun 2025).
Shareholding Pattern: FIIs have trimmed their stake, while DIIs have increased holdings – a sign of domestic institutional confidence.
📈 Technical Outlook
All-Time High: ~₹797
Corrected nearly 50% down to ₹400 zone, followed by a 51% recovery towards ₹600.
Key Supports:
₹425 – immediate support zone
₹336 – strong support at 0.60 Fibonacci retracement
🎯 Conclusion
Elgi Equipments remains a fundamentally solid player with consistent profit growth and a healthier balance sheet. However, valuations are on the higher side (P/E ~40×), making entry levels crucial. Technically, the ₹425 and ₹336 zones are major support areas to watch for long-term accumulation.
⚡ Stock is in a recovery phase after a deep correction – patience and levels matter more than chasing momentum.
FOR more query dm me
DEEPAK FERTILIZERTrend Structure:
The stock has been in a primary uptrend (marked with the blue ascending channel).
Recently, it went into a short-term retracement with a downward sloping trendline (white).
Support & Demand Zones:
Strong Bullish Order Block and FVG Discount Zone around the ₹1350 – ₹1400 level, where buyers are stepping in.
Price formed a Triple Bottom at this support, indicating strong demand and rejection of lower prices.
Pattern & Candlestick Structure:
Triple Bottom is a reversal pattern confirming that sellers are unable to push below ₹1350.
Current candles show bullish momentum, reclaiming above the retracement trendline.
Breakout:
Price has broken the short-term retracement trendline on the upside, signaling a potential end to the correction.
Fresh momentum is visible with today’s +3.70% rise, closing near ₹1478.
Volume:
Breakout accompanied with decent volume (296K), strengthening the bullish signal.
🔹 Technical Outlook:
Bullish Bias: The combination of triple bottom support, order block demand zone, and trendline breakout suggests bullish continuation.
Immediate Resistance Levels: ₹1520 – ₹1560 (near-term supply zone).
Major Resistance: ₹1650 – ₹1700 (previous swing highs).
Support Levels: ₹1400 (strong demand zone), followed by ₹1320 if broken.
🔹 Trading View:
Aggressive Traders: Can look for long entries near ₹1450–₹1470 with a stop loss below ₹1400.
Conservative Traders: Wait for a daily close above ₹1520 to confirm strength before entering.
Targets: First target ₹1560, second target ₹1650–₹1700