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Atul Auto | MTF Fibonacci Confluence structuresWeekly Chart Analysis – Drew a multi-timeframe Fibonacci from the 119.35 low (Mar ’20) to the 844.60 high (Oct ’24) on the Monthly time frame . – Highlighted the 50–61.8% retracement zone (481.95–396.40) as an orange supply/demand area. – Circles mark historical pivots where price reacted as support or resistance within this zone. Key Observations -Price consistently respected the 50–61.8% band during prior rallies and pullbacks. -Recent price action formed a contracting triangle (CT) at the lower edge of the Fibonacci zone. -Volume contraction noted inside the triangle, suggesting supply–demand equilibrium. Disclaimer: This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you should perform your own research and consider your risk tolerance before making any trading decisions.
NSE:ATULAUTOLong
by Averoy_Apoorv_Analysis
APOLLO: C&H and Rounding Bottom BO: Chart of the Week NSE:APOLLO : The Cup and Handle Breakout That Finally Delivered After Multiple False Starts with Rounding Bottom Breakout on Daily TF Let's Analyze it in the Chart of the Week. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational 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. Price Action: • The chart reveals a sophisticated Cup and Handle pattern formation spanning from Late-2023 to August 2025, with the "cup" forming between 205-160 levels and the "handle" consolidating around the 180-200 zone • Multiple breakout attempts were witnessed - first in December 2024 with a King Candle formation, followed by another sharp rally in May 2025, both failing to sustain above the descending trendline • The current August 2025 breakout represents the third and most convincing attempt, breaking through both the descending resistance trendline and the horizontal resistance at 205-220 levels • Volume surge during the current breakout (119.95M vs average 54.33M) confirms institutional participation and validates the breakout authenticity • The curved line clearly marks the rounding bottom formation, indicating a gradual shift from bearish to bullish sentiment Volume Spread Analysis: Volume Pattern Insights: • Exceptional volume breakout with nearly 2.2x average daily volume during the recent surge • Volume accumulation visible during the cup formation, indicating smart money participation • Low volume during handle formation, suggesting healthy consolidation • Volume expansion coinciding with price breakout confirms institutional buying Key Support and Resistance: • Immediate Support Zones: - Primary: 220-225 (previous resistance turned support) - Secondary: 200-205 (handle formation base) - Major: 180-185 (cup formation low) • Critical Resistance Levels: - Near-term: 250-260 (measured move target from cup depth) - Intermediate: 280-290 (Fibonacci extension 1.618 level) - Long-term: 320-340 (cup and handle pattern target) • Base Formation: Strong accumulation base established between 160-220 over 18+ months Multi-Pattern Technical Setup: • Cup and Handle Pattern: Classic bullish continuation pattern with 18-month formation period • Descending Triangle Breakout: Successfully breached the falling trendline resistance • Rounding Bottom: Long-term reversal pattern indicating strong institutional accumulation • Volume Breakout Pattern: Exceptional volume expansion confirming price breakout validity Fundamental and Sectoral Backdrop: Latest Financial Performance: • Net profit surged 126% to Rs 19 crore in Q1 FY2026 compared to Rs 8 crore in Q1 FY2025 • Revenue growth of 46.5% to Rs 134 crore versus Rs 91 crore in the previous year, same quarter • Quarterly growth basis shows a 32.21% jump in net profits since last quarter • Market capitalization stands at approximately Rs 7,854 crores, reflecting strong market confidence Strategic Business Positioning: • Company is involved in more than 150 indigenous defence programs and 60 DcPP (Defence Capital Procurement Policy) programs as a sub-system partner • Specializes in ruggedized electronic hardware and software solutions for critical sectors • Strong focus on import substitution and Atmanirbhar Bharat initiatives • Diversified client base including DRDO, HAL, BEL, and other major defence contractors Sector Momentum Analysis: • Apollo Micro Systems gained 14.6% on August 22, 2025, demonstrating resilience amid market fluctuations • Stock has significantly outperformed the broader market year-to-date, reflecting strong performance in the Aerospace & Defence sector • Defence budget allocation increases continue to provide sectoral tailwinds • Growing focus on indigenous defence manufacturing creates long-term opportunities Market Participation Analysis: • High institutional interest is evident from volume patterns • Retail participation is likely to increase given the breakout visibility • Options activity expected to increase as the stock approaches higher price levels • Potential inclusion in small-cap/midcap indices could trigger passive fund buying Risk Assessment and Scenario Analysis: Technical Risk Factors: • Failed breakout history (December 2024 and May 2025) suggests caution is required • High beta nature means increased volatility during market corrections • Potential for profit booking at psychologically important 250 levels • Need for sustained volume to validate the breakout authenticity Fundamental Risk Considerations: • Defence sector dependency on government policy changes and budget allocations • Long procurement cycles are typical in defence contracts, affecting quarterly results • Competition from established defence majors and emerging players • Currency fluctuation impact on imported components and raw materials Full Coverage on my Newsletter this Week Keep in the Watchlist and DOYR. 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. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes, it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational 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:APOLLO
by Karanshah137
12
Greaves Cotton (Daily Timeframe) - Will it BreakOut or Not?Greaves Cotton since it's Double-Top formation has been in a downtrend. A key support level has become a resistance zone, which it's been trying to BreakOut few times. The stock has been forming Higher Lows for a while now. Few attempts to BreakOut has been futile. The recent BreakOut attempts been with huge volume spikes. Short-term EMAs are in positive cross-over state. If it's able to BreakOut then the possible upside target is around 244. If not, we can expect the stock to go down to 198 levels. Keep monitoring.
NSE:GREAVESCOT
by Learn_with_Pth0mas
2
Zydus Wellness (Daily Timeframe) - Will it make new ATH?Zydus Wellness, ever since it made the All Time High, the stock was in a downtrend and then sideways for more than a year. Though it tried to breakout a key resistance level (as marked) multiple times, it could not breach the resistance zone. Today, it brokeout of the resistance zone with huge volume burst. The next few days of the stock moves in a positive direction, then it may reach 2335 levels which could be the first target. Checking the weekly timeframe, we can see an inverted H&S pattern and without today's breakout, the stock has broken out of the H&S neckline. If we consider H&S pattern breakout, then the stock may reach new ATHs.
NSE:ZYDUSWELLLong
by Learn_with_Pth0mas
Nifty Intraday Analysis for 01st September 2025NSE:NIFTY Index has resistance near 24600 – 24650 range and if index crosses and sustains above this level then may reach near 24800 – 24850 range. Nifty has immediate support near 24250 – 24200 range and if this support is broken then index may tank near 24000 – 23950 range. Gap up opening expected due to better than projected India’s GDP growth in Q1 FY 2025-26 and bilateral agreements with Japan and China. Day closing is more important than opening and Positive closing will decide trends in the upcoming short term.
NSE:NIFTYLong
by RKMAURYA