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Trend Analysis

Long Term Buy #GMRCurrent market Price: ₹153.35 Key Technical Analysis Points "Major Breakout Achievement" The stock has successfully broken out of a 16-year resistance level around ₹101.73, which had been a significant barrier since the 2009 highs. Previous ATH : ₹111.17 - Target 1: ₹125.86 - Target 2: ₹153.35 Key support : ₹101.73 (former resistance, now support) **Long-term Pattern**: The chart shows a classic long-term consolidation pattern from 2009-2023, followed by a strong breakout and retracement that successfully held above the breakout level. Conservative Trader can Initiate buy above ₹101.73 Breakout. The stock experienced significant highs around 2009-2010, followed by a prolonged bear market and consolidation phase lasting over a decade. The recent breakout suggests a potential new bull cycle for the airport infrastructure company.
NSE:GMRAIRPORTLong
by earnwhileulearn
Short Term Sentiment Bullish; Hefty valuations raise concern The company has a strong focus on transitioning to green energy, with a target of achieving 30 GW of generation capacity by FY 2030, with renewables constituting 70% of the portfolio. Recent strategic acquisitions, such as the Tidong Power Generation(Rs. 1,728 Crore from Statkraft) and the boiler manufacturing unit of GE Power India, and a significant pipeline of new projects. Revenue and profit grew by 78% and 42% respectively in Q1 FY26. JSW Energy is on an expansion spree (added 1.9 GW of new capacity, bringing its total installed base to 12.8 GW, a 70% YoY increase). The company aims to have a 30 GW generation capacity by FY 2030 and a 40 GWh energy storage capacity. Has a Debt-to-equity ratio of 1.83 (net debt has also increased due to capital expenditures and acquisitions). However, management is focused on maintaining a strong credit rating.
NSE:JSWENERGYLong
by finvestar
Technical analysis on suryoday bank📊 Trend Overview - Historical Decline: The stock saw a significant downtrend from mid-2021, indicating bearish sentiment or fundamental weakness during that period. - Consolidation Phase: After the decline, price entered a sideways range—suggesting accumulation or indecision among market participants. - Recent Recovery: The current price of ₹133.10 shows a bounce from the lows, possibly signaling early signs of a trend reversal. 🔍 Fibonacci Retracement Levels These levels help identify potential support/resistance zones: | Level | Price Zone | Interpretation | |-------|------------|----------------| | 0.236 | ~₹118 | Minor support/resistance | | 0.382 | ~₹137 | Current resistance zone | | 0.5 | ~₹153 | Midpoint—psychological level | | 0.618 | ~₹169 | Strong resistance if uptrend continues | | 0.786 | ~₹192 | Deep retracement—trend confirmation if breached | The price is hovering near the 0.382 level, which often acts as a decision point—either a pullback or breakout. - Short-Term Traders: Watch for breakout above ₹137–₹140 zone (Fibo 0.382). If volume supports it, next targets could be ₹153 and ₹169. - Swing Traders: Consider entries on dips near ₹120–₹125 with stop-loss below ₹115. - Long-Term Investors: Wait for confirmation above ₹153 (0.5 level) and sustained volume before considering a position.
NSE:SURYODAYLong
by vikky1989
Nifty Structure Analysis & Trade Plan: 22nd September Current NIFTY 50 (Close on September 19): 25,353.00 Overarching Theme: The Nifty is currently undergoing a short-term correction after a powerful rally. While the long-term trend remains bullish, the price action on Friday showed a clear rejection from the highs, leading to a break in the intraday structure. For Monday, the focus will be on whether the market can defend key support levels or if the selling pressure will continue. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The macro structure is still firmly bullish. The price remains within the ascending channel and is holding above the significant support zones. The recent sell-off on Friday, however, created a bearish-looking candle on this timeframe, suggesting some profit-booking at higher levels. Key Levels: Major Supply Zone (Resistance): 25,550 - 25,600. This level is a major overhead resistance where the price was rejected on Friday. It will be the key hurdle for bulls to overcome. Major Demand Zone (Support): The most critical support is the prior breakout level at 25,050 - 25,100. This area is a high-probability reversal zone and would be a strong buy-on-dips opportunity if the market corrects that far. Outlook: The long-term trend is not in doubt, but the current price action warns of a potential deeper pullback. 1-Hour Chart (Intermediate View) Structure: This timeframe shows a clear Market Structure Shift (MSS) to the downside. The price broke below its immediate support, confirming the short-term change in momentum. The market has now formed a lower high and a lower low, indicating a corrective phase is in play. Key Levels: Immediate Resistance: The 25,400 level, which served as support before the breakdown, is now a key resistance level for the bulls to recapture. Immediate Support: The 25,250 level. This area is a key FVG (Fair Value Gap) and a psychological level that must hold to prevent a sharper fall. Outlook: The 1H chart suggests that the market is in a short-term corrective phase. The bulls must defend the 25,250 level. 15-Minute Chart (Intraday View) Structure: The 15M chart shows the market is in a tight consolidation range after Friday's decline. The price is trading sideways, with a defined range. Key Levels: Intraday Supply Zone: The top of the range at 25,400. Intraday Demand Zone: The bottom of the range at 25,300. Outlook: The market is at an inflection point. The direction of the break from this range will determine the intraday trend for Monday's session. 📈 Today's Trade Plan (Monday, 22nd September) Market Outlook: The market is at a crossroads. While the macro trend is bullish, the short-term momentum is bearish. The best strategy is to wait for a clear breakout or breakdown from the current consolidation range. Bullish Scenario (Primary Plan) Justification: A decisive breakout from the intraday range would signal the end of the short-term correction and a continuation of the primary uptrend. Entry: Long entry on a sustained break and 15-minute candle close above 25,400. Stop Loss (SL): Below 25,350. Targets: T1: 25,450 (Recent resistance). T2: 25,550 (4H chart major resistance). Bearish Scenario (Counter-Trend Plan) Justification: A breakdown from the intraday range could lead to a deeper correction to re-test the intermediate demand zones. Trigger: A confirmed breakdown and 15-minute candle close below 25,300. Entry: Short entry on a breakdown retest of the 25,300 level. Stop Loss (SL): Above 25,350. Targets: T1: 25,250 (1H chart FVG demand zone). T2: 25,100 (Major 4H chart support). Key Levels for Observation: Immediate Decision Point: 25,300 - 25,400. Bullish Confirmation: A break above 25,400. Bearish Confirmation: A break below 25,300. Line in the Sand: The 25,250 level is a crucial support. A break below this would signal a significant shift to a more bearish bias.
NSE:NIFTYLong
by BhardwajVipin
NYKAA Stock IdeaKey Observations Strong Reversal from Lows: The stock bottomed near ₹121 (around early 2023) and has been gradually moving up. Current Price Zone: It is trading at ₹243.62, just above the critical Fibonacci retracement level of 0.382 (₹238.74), which acts as a support for now. Important Supports: ₹238 (0.382 retracement) ₹193 (0.236 retracement) ₹121 (recent low) Important Resistance Levels: ₹275 (0.5 retracement) → strong near-term resistance ₹311 (0.618 retracement) → medium-term target ₹363 (0.786 retracement) ₹429 (previous high) Interpretation Nykaa has broken out of a long-term downtrend line (dotted gray), suggesting a possible trend reversal. Sustaining above ₹238 (Fib 0.382) strengthens the bullish momentum. Next resistance is at ₹275, and if crossed, the next significant move could take it to ₹311–₹363. However, if it fails to hold above ₹238, it may retest ₹193 as a support. Trend Outlook Short-term: Bullish momentum as long as price stays above ₹238. Medium-term: Crossing ₹275 could confirm a stronger uptrend. Risk: Breaking below ₹193 may push the stock back into a bearish phase. Would you like me to mark out possible entry and exit strategies on this chart (investment vs trading perspective)?
NSE:NYKAALong
by vikky1989
The chart for Supreme Holdings & HospitalityThe chart for Supreme Holdings & Hospitality (India) Limited (NSE: SUPREME) shows technical analysis with several key features: Chart Observations The current price is 86.27 INR, reflecting a +2.13% increase. Fibonacci retracement levels are drawn, marking resistance and support at: 61.8% (94.33) 50% (98.57) 38.2% (102.80) 23.6% (108.05) The recent price action shows a sharp upward move with increased volume, suggesting strong buying interest. The recent breakout above the previous consolidation range and the surge in volume may indicate a bullish trend or reversal. The price is approaching a resistance at the 86.80 level (Fibonacci 78.6%), with the next major resistance around 94.33 and support at 80.61 (Fibonacci 0%). Technical Interpretation The stock has broken through previous resistances, and continued momentum could lead it to test higher levels, especially if volume remains high. Watch for a confirmation of the breakout; failure to hold above 86.80 or a sharp reversal may signal a false breakout. The Fibonacci levels indicate key zones where the price might face support or resistance, useful for setting targets or stop-loss. This overall suggests a positive near-term sentiment if buying strength continues, with important technical levels to watch for any further movement. I think it should come back and take support. There will be some profit booking happening here as the candle showing long wick on upper side. This is only for Education Purpose only.
NSE:SUPREMELong
by vikky1989
PEPE Getting Ready for a Big Move – Breakout Loading!PEPE is trading within a well-structured range, bounded by a rising support trendline and a falling resistance trendline . This setup indicates that the price is getting squeezed, and a decisive breakout move may be coming soon. Currently, the price is holding above key moving averages, which adds strength to the bullish bias. As long as the rising support trendline remains intact, buyers will continue to defend dips. A breakout above the falling resistance could trigger a sharp move higher, targeting the next resistance levels near 0.00001319 . On the downside, if price fails to hold above the rising support, we may see a deeper pullback toward 0.00001074–0.00001026 levels. Traders should closely watch how PEPE reacts near the falling resistance line in the coming sessions. Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
Long
by TraderRahulPal
Graphite India Limited shows a compelling technical setup🔺 Descending Trendline Break - The stock had been in a long-term downtrend since its 2018 peak, forming lower highs. - Recently, it broke above the descending trendline, which is a classic bullish breakout signal. - This suggests a potential trend reversal from bearish to bullish. 📈 Strong Monthly Candle - The breakout candle has a wide range and strong close near the high, indicating conviction. - Volume is elevated, confirming institutional participation. 🧠 Psychological Shift - Breaking a multi-year trendline often reflects a change in market sentiment—from pessimism to optimism. - Traders and investors may now start re-rating the stock, especially if fundamentals support it. This is only for education purpose.
NSE:GRAPHITELong
by vikky1989