Get started

Community ideas

Shriram Finance Ltd, Breakout of Head & Shoulder patternWe can witness curious case of Mother pattern and a Child pattern here. In the caption image (right lower corner) we can see a bullish pattern of Ascending Triangle (not counting waves at the moment), to complete present wave stock must reach 700 to 710 levels, we can confirm same with child pattern of Head & Shoulder. Positive things about this stock are:- Stock bouncing back from weekly support zone (Mother Pattern). There is a breakout (Child Pattern). Bullish with Momentum breakout (Child Pattern). RSI breakout on daily timeframe, approving momentum. Highest Volume activity (Mother Pattern), traders are taking interest. Target of Child Pattern confirms with Resistance boundaries of Mother Pattern. Though there is an EMA support on Mother pattern, not visible here as i checked it later. Shriram Finance Ltd is a quality F&O stock, one can add on retest or at current prices for the small target of 700-710 in coming times. Always prepare for worse, in case of some bad news, some geo-political event or volatility, always apply some logical stoploss, you can go for HA lows or Swing lows. Thanks, Happy Trading.
NSE:SHRIRAMFINLong
by sharad183
3
Saregama India LtdDate 03.10.2025 Saregama Timeframe : Day Chart Key Highlights (1) Company is almost debt free (2) Debtor days have improved from 63.4 to 44.6 days (3) Company's median sales growth is 18.8% of last 10 years (4) Company's working capital requirements have reduced from 86.2 days to 40.3 days (5) Fii & Dii have increased stake/s in the last 2-3 quarters (6) It owns ~50% of all the music ever recorded in India Valuations (1) Market Cap ₹ 9,127 Cr (2) Stock P/E 45.5 (3) ROCE 17.2 % (4) ROE12.5 % (5) OPM 24 % (7) Promoter holding 60% Business Segments (1) Music : Licensing + Artist Management 77% (2) Video : Films, TV, and Digital Content 23% (3) Events : 0.5% Geographical Split (1) India - 59% (2) Others - 41% Regards, Ankur Singh
NSE:SAREGAMALong
by AnkurSingh
2
LIC – High Probability Breakout Setup!After a long consolidation, LIC is now approaching a falling trendline breakout with strong bullish momentum. This is a high probability breakout setup supported by price action and structure. 📌 Plan: ✅ Entry: 900–910 ❌ Stoploss: 844 🎯 Targets: 970–985 / 1068 / 1172 Highlights: Multiple rejections at the trendline – now testing again 🔄 Strong base with trend reversal expected 📊 Favorable Risk–Reward for swing traders ⚡ Holding Duration: As per Target & Stoploss ⏳ 📈 A breakout above 910 could open the gates for a strong rally ahead! #LIC #NSEStocks #BreakoutSetup #SwingTrading #PriceActionTrading #TrendlineBreakout #TechnicalAnalysis #StockMarketIndia #TradingView #RiskReward
NSE:LICILong
by TradeForReward
3
ICICI Bank: Resistance Turned Support Powers Next Rally🔍 Technical Analysis ICICI Bank showcases another remarkable wealth creation story spanning over two decades. The stock has delivered an extraordinary super bullish rally, transforming from ₹40 to the current trading level of ₹1,351 - representing an impressive 33.8x growth over 20+ years. The ₹1,345-₹1,365 zone has historically acted as a strong resistance, tested multiple times. However, with the confirmation of strong FY25 results, the stock decisively broke out from this resistance zone and created a new all-time high at ₹1,500. Following the breakout peak, the stock witnessed a sudden fall and is now trading back in the same zone at current market price of ₹1,351. This presents a critical juncture - if the earlier resistance zone transforms into support with bullish candlestick pattern confirmations, it could signal the next leg of the rally. Entry Strategy: Enter only on confirmation of ₹1,345-₹1,365 zone acting as support with bullish patterns. 🎯 Targets: Target 1: ₹1,400 Target 2: ₹1,450 Target 3: ₹1,500 🚫 Stop Losses: Critical Support: ₹1,200 (crucial demand zone) If ₹1,200 level doesn't sustain, no more expectations on this stock. 💰 FY25 Financial Highlights (vs FY24 & FY23) Total Income: ₹1,86,331 Cr (↑ +17% YoY from ₹1,59,516 Cr; ↑ +95% from FY23 ₹95,407 Cr) Total Expenses: ₹1,30,078 Cr (↑ +31% YoY from ₹99,560 Cr; ↑ +48% from FY23 ₹87,864 Cr) Financing Profit: ₹-32,775 Cr (Improved from ₹-14,152 Cr in FY24) Profit Before Tax: ₹72,854 Cr (↑ +21% YoY from ₹60,434 Cr; ↑ +58% from FY23 ₹46,256 Cr) Profit After Tax: ₹54,569 Cr (↑ +18% YoY from ₹46,081 Cr; ↑ +54% from FY23 ₹35,461 Cr) Diluted EPS: ₹71.65 (↑ +14% YoY from ₹63.02; ↑ +47% from FY23 ₹48.74) 🧠 Fundamental Highlights ICICI Bank delivered robust FY25 performance with 18% PAT growth to ₹54,569 crore, supported by strong 17% revenue growth. The bank announced Q4 FY25 net profit of ₹12,630 crore, marking 18% increase, and declared ₹11 per share dividend reflecting strong financial health. Market cap stands at ₹9,71,186 crore (up 4.06% in 1 year) with total revenue reaching ₹1,90,830 crore and profit of ₹56,563 crore. Stock is trading at 3.08 times its book value, indicating reasonable valuation for quality franchise. Asset quality continues to improve with gross NPA dropping to 1.97% in Q2FY25 from 2.48% in Q2FY24, while net NPA ratio remained healthy at 0.43% in Q1 FY25. This demonstrates effective risk management and strong credit discipline. The bank shows strength near key support zone of 1370-1390 on daily charts, with technical indicators suggesting potential diamond pattern formation around 1380-1400 range. Analysts expect stable net interest margins and continued momentum. Strong digital banking initiatives, expanding retail franchise, and consistent delivery of 14-18% profit growth across quarters validates the bank's operational excellence and market leadership position in private banking sector. ✅ Conclusion ICICI Bank's remarkable 20+ year journey from ₹40 to ₹1,500 all-time high, backed by strong FY25 fundamentals showing 18% PAT growth and ₹11 dividend, validates the sustained growth thesis. The critical ₹1,345-₹1,365 resistance-to-support transformation offers attractive entry opportunity for targeting ₹1,500 retest. Improving asset quality with 1.97% gross NPA, strong ROE profile, and digital transformation drive provide multiple growth catalysts. Key support at ₹1,200 provides risk management framework for this quality banking franchise.
NSE:ICICIBANKLong
by Rupesh_Chidharala
3
NYKAA - Cup with handle pattern📈 Pattern Analysis: Nykaa recently completed a "Cup-with-Handle Breakout" , which is a strong bullish continuation pattern. However, the breakout targets have not yet been achieved. In the past few sessions, the stock has witnessed selling pressure, forming a double-top bearish pattern on the chart. 📊 Key Levels & Structure: The price is currently in a corrective phase and may move lower to retest the breakout zone of the cup-with-handle pattern. This zone is expected to act as a strong support level and could provide a fresh opportunity for accumulation if the structure holds. 🔎 Momentum Indicators: RSI has cooled off from overbought levels, creating room for the next leg of upside. Volumes during the recent dip are lower compared to the breakout volumes, suggesting the decline is corrective rather than a trend reversal. 🎯 Projection & Outlook: A successful retest of the breakout zone could resume the uptrend with upside targets around ₹ .... levels in the medium term. Failure to hold the support could, however, lead to extended consolidation. ⚠️ Disclaimer: This is a technical projection, not an investment recommendation. Traders should manage risk carefully and align strategies with their financial objectives.
NSE:NYKAA
by Arvind_Share_Academy
2
EMA 50 + RSI Divergence = Gold Reversal Setup!Hello Traders! Gold often makes sharp one-sided moves, trapping traders who enter too late. But if you know how to combine a simple moving average with a momentum indicator, you can spot high-probability reversal setups. One such method is using the EMA 50 together with RSI Divergence . Let’s break down how it works. 1. Why EMA 50? The 50-period EMA acts as a dynamic trend filter. When gold trades above it, the short-term trend is bullish; below it, bearish. Price often retests the EMA 50 during pullbacks, making it a key level to watch for reversals. 2. What is RSI Divergence? Divergence happens when price makes a new high/low, but RSI doesn’t confirm it. Example: Price makes a higher high, but RSI makes a lower high → bearish divergence. This signals that momentum is weakening, even if price is still moving strongly. 3. Combining EMA 50 with RSI Divergence First, check where price is relative to EMA 50. Next, look for divergence on RSI near that zone. If both align (price struggling at EMA 50 + RSI divergence), chances of a reversal increase sharply. 4. Entry & Risk Management Wait for a confirmation candle near EMA 50 (like engulfing or pin bar). Place stop loss just above recent swing high/low. Target the next support/resistance zone for exits. Rahul’s Tip: Don’t use divergence alone, combine it with EMA 50 for structure and you’ll filter out most false signals. This setup works best on higher timeframes like 1H or 4H for gold. Conclusion: EMA 50 gives you the trend filter, and RSI divergence reveals momentum weakness. Together, they form a reliable reversal setup that helps you enter gold trades at the right time instead of chasing moves. This Educational Idea By @TraderRahulPal (TradingView Moderator) | More analysis & educational content on my profile If this post gave you a new setup idea, like it, share your thoughts in comments, and follow for more practical trading strategies!
TVC:GOLDEducation
by TraderRahulPal
5
Fasten your wrist watches : CMP 2560Impulse and Corrective Structure On the ETHOS weekly chart, the price action aligns closely with classic Elliott Wave theory. A complete 5-wave impulse pattern (labelled 1-2-3-4-5 in green) can be observed progressing within a rising parallel channel. Each impulse sequence is followed by a 3-wave corrective phase (labelled A-B-C in blue), after which a new cycle initiates. Impulse Waves (1-2-3-4-5):** These waves move in the direction of the primary trend. Waves 1, 3, and 5 represent strong advances, while waves 2 and 4 are smaller pullbacks or consolidations. Corrective Waves (A-B-C):** Corrections are typically countertrend moves that restore balance before the next motive cycle resumes. The corrective sequence here perfectly resets the price for the next bullish advance. Channeling Technique Drawing parallel channels around waves 1 and 3, and extending them through wave 2 or 4, offers structural clarity and potential target zones for subsequent waves—especially for the powerful wave 5. Momentum and Divergence The Relative Strength Index (RSI) at the bottom provides crucial support to this wave count. Notably, multiple Bearish Divergence signals (marked as "Bear" in red) preceded key market tops, aligning with wave 3 and wave 5 peaks. The RSI's cyclical response adds confidence to the completion of impulse or corrective phases and helps anticipate market reversals. Projection and Trading Strategy Based on the current wave structure: - ETHOS has potentially completed a full corrective A-B-C phase. - The initiation of a new impulse cycle is underway, with projected sub-waves (1-2-3-4-5) mapped along the upper channel. - Conservative traders can look for confirmation with a breakout above the corrective channel or a bullish RSI signal. - Aggressive entries may be considered near wave (2) lows with stop-losses below prior corrective supports. As always, proper risk management and confirmation from supporting indicators are essential for successful implementation. Traders are encouraged to validate their wave counts with price action and momentum tools.
NSE:ETHOSLTDLong
by cksharma23
2
Supreme Industries: Breakdown Below Ascending SupportThe daily chart of Supreme Industries is showcasing a strong bearish signal with a breakdown below a long-held ascending trendline. The structure clearly resembles a descending triangle pattern, and the breakdown confirms growing weakness in price action, favoring sellers in the near term. 1. Bearish Structure Breakdown The chart shows a clear descending resistance line with a rising support trendline, forming a tight triangle pattern. This kind of setup often indicates building pressure for a breakout, and in this case, it has resulted in a sharp breakdown below ₹4294, signaling the start of a fresh bearish leg. 2. Short Entry Below ₹4294.70 A confirmed breakdown is seen once the price breached below ₹4294.70. This is the ideal short entry trigger zone. Traders looking to enter early may have taken a position right at breakdown, while others may wait for a retest of the broken trendline as confirmation before entering. 3. Early Entry & Retest Entry Zones For aggressive traders, an early entry just as the price approached the lower trendline was possible. However, confirmation entry after a retest offers better risk-reward and lower false breakdown probability. In this case, a small pullback to retest the broken support would be the sweet spot to enter with tight stop-losses. 4. Target 1: ₹4037.95 – First Downside Milestone Once the breakdown is confirmed, the first logical price target based on previous swing lows and pattern measurement comes to around ₹4037.95. Traders can consider booking partial profits at this zone to lock in gains while letting the rest of the position ride. 5. Final Target: ₹3670.20 – Projected Measured Move Based on the height of the triangle structure, the projected final bearish target lies near ₹3670.20. This level aligns with previous consolidation zones and serves as a strong psychological and technical support. If price action remains weak, this target has a high probability of being achieved in the coming weeks. 6. Stop Loss: Setup Invalid Above ₹4668.60 To protect against a failed breakdown or reversal, a stop-loss should be strictly placed above ₹4668.60. This level invalidates the bearish structure and signals that buyers may have regained control. 7. Trading Psychology and Risk Note Breakdowns from such ascending supports after long consolidations often result in impulsive price moves. However, risk management is critical. Stick to position sizing and trail your stop-losses once Target 1 is achieved. Avoid holding full-size positions near earnings or event-based volatility.
NSE:SUPREMEINDShort
by TradZoo
2
TCS - Time to go up towards 3500+ Bullish CRAB PRZ at play TF: Daily CMP: 2965 Here is my previous post on this script for a detailed review. Price has completed the potential target as per the Bullish Crab pattern. Results are due in the next couple of weeks. I expect the stock to bounce from this zone 2900-2950 and potentially march towards 3500+ in the coming weeks Internal wave counts are also marked in this chart. I will await bullish confirmation candle in this zone for a good RR entry. Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
NSE:TCSLong
by Murthy_Santhosh
7
RELIANCE 1D Time frame📊 Reliance Daily (1D) Snapshot Close: Around ₹1,382 Range of the Day: High near ₹1,396, Low near ₹1,380 Trend: Slight weakness on daily chart (mild red candle) Stock is consolidating between support and resistance zones. 🎯 Key Daily Levels Support Zone: ₹1,350 – ₹1,365 Strong Support: ₹1,330 Resistance Zone: ₹1,405 – ₹1,425 Strong Resistance: ₹1,430 📝 Strategy on 1D Chart Bearish View If price goes near ₹1,405 – ₹1,425 and fails to sustain, you can short. Entry: ₹1,410 approx Stop-loss: ₹1,430 Target: ₹1,365 → ₹1,350 Bullish View If Reliance holds above ₹1,350 and shows reversal, you can buy. Entry: ₹1,360 – ₹1,365 zone Stop-loss: ₹1,330 Target: ₹1,405 → ₹1,425 Breakout Trade If it closes above ₹1,430 with strong candle, expect momentum upside. Target: ₹1,460+ Breakdown Trade If it closes below ₹1,330, selling pressure can push it to ₹1,300 or lower.
NSE:RELIANCELong
by Knowledgehub
11
ITC Limited Weekly Chart – Wave Y Targets Support ClusterITC has been trending lower since the ₹498.85 peak, carving out what appears to be a complex W-X-Y correction. The first leg (W) found support near ₹391.20, followed by a corrective bounce into X at ₹444.20. The decline since then has kept price under a descending trendline, respecting the larger corrective rhythm. Wave Count Wave W: Completed into the ₹391.20 low. Wave X: Counter-trend rally capped at 444.20. Wave Y: Now unfolding, with sub-wave (C) still incomplete. The broader structure hints that ITC may continue toward the support cluster (₹350–375) before this correction runs its course. Indicators Volume : Muted on upticks – rallies lack buying strength. RSI (~44) : Mid-zone, leaving space for further downside before oversold conditions. Weekly 50/100 MA crossover : Adds weight to the ongoing corrective bias. Invalidation A decisive break above ₹422.45 and sustained strength beyond 427 would question this bearish view, hinting at a possible shift back to bullish sequences. Summary Unless ITC reclaims higher ground above 422.45, the bias stays toward a Wave Y completion in the support cluster zone. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:ITCShort
by WaveXplorer
8
NIFTY : Trading levels and Plan for 22-Sep-2025NIFTY TRADING PLAN – 22-Sep-2025 The index closed around 25,352, with immediate opening resistance at 25,363, and higher hurdles near 25,409 (last intraday resistance) and 25,461. On the downside, supports are placed at 25,291 (opening/last intraday support) and the 25,189–25,204 zone. The critical lower support is seen at 25,045. Considering a gap opening threshold of 100+ points, let’s break down the intraday scenarios: 🚀 Gap Up Opening (100+ points above previous close) If Nifty opens strongly above 25,450–25,461, it will enter a bullish zone. Sustaining above 25,461 can fuel momentum towards 25,525–25,600. Option traders can look for call buying opportunities with strict stop-losses. However, if rejection candles appear near 25,461, profit booking may drag Nifty back towards 25,409–25,363. This would offer a counter-trade opportunity for cautious intraday shorting. Risk control is essential here: wait for 15–30 minutes confirmation after gap-ups to avoid false breakouts. ⚖️ Flat Opening (near 25,300–25,350 zone) If Nifty opens flat, then 25,363 (resistance) and 25,291 (support) become immediate reference points. A decisive breakout above 25,363 can push prices towards 25,409 and further to 25,461. Sustaining beyond this level confirms bullish continuation. On the other hand, if Nifty fails to cross 25,363 and slips below 25,291, then weakness may extend towards 25,189–25,204 zone. This setup is best suited for breakout traders who can wait for price confirmation before entering directional trades. 📉 Gap Down Opening (100+ points below previous close) If Nifty opens sharply below 25,200, it will test the last intraday support zone of 25,189–25,204. A bounce from this zone can trigger a quick pullback rally towards 25,291–25,363. But if the index sustains below 25,189, then deeper downside towards 25,045 becomes highly probable. In such a case, put options could provide high reward trades, but strict stop-loss is a must since sharp pullbacks often occur at key supports. 🛡️ Risk Management & Option Trading Tips Always allow the first 15–30 minutes to set direction before entering. Use hourly candle close as confirmation for breakout trades. In gap scenarios, avoid aggressive chasing; instead, wait for retests of key levels. Maintain at least a 1:2 risk-reward ratio for consistency. Limit position sizing in options as premiums erode quickly due to time decay. 📌 Summary & Conclusion Above 25,461, Nifty may head towards 25,525–25,600 🚀. Flat openings will keep focus on 25,363 (resistance) and 25,291 (support) ⚖️. Below 25,189, bearish momentum may extend towards 25,045 📉. Patience and disciplined execution around these levels can provide the best trading opportunities. ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is purely for educational purposes. Please consult with your financial advisor before making any trading decisions.
NSE:NIFTYShort
by LiveTradingBox
2
Sigachi’s Technical Surge: Next Resistance in SightOver the past month, Sigachi traded within a well-defined consolidation range, reflecting a period of equilibrium between buyers and sellers. However, in the most recent week, the stock decisively broke out above this consolidation zone on increased trading volume a classic signal of renewed bullish momentum and heightened market interest. From a trend perspective, the stock has managed to close above all key daily EMAs. Notably, a bullish crossover between the 20-day and 50-day EMAs has emerged, which is often interpreted by technical analysts as a sign of strengthening upward momentum. Momentum indicators further reinforce this view. The RSI is currently above 75, placing the stock firmly in the overbought territory. While such elevated RSI levels can sometimes precede short-term corrections, they also reflect strong underlying demand during robust uptrends. This bullish sentiment is further supported by a MACD crossover on the weekly chart, which typically signals a continuation of upward price action. At present, the stock is encountering a minor supply zone (as marked on the chart), which may serve as a near-term resistance. Should the price retrace and find support at the previously identified demand zone, the next potential resistance level is observed around ₹56 . Disclaimer: This analysis is intended solely for educational and informational purposes. It does not constitute investment advice or a recommendation to buy, sell, or hold any financial instrument. Market conditions are dynamic, and trading decisions should be made based on individual research, risk tolerance, and consultation with a licensed financial advisor.
NSE:SIGACHILong
by NiftyNotion
1