Get started

Trend Line Break

Anant Raj: Triple Bottom Reversal Pattern, Trendline BO.NSE:ANANTRAJ Made a Beautiful Chart Structure of a Triple Bottom reversal pattern, Sort of Inverse H&S confirmation and Trendline BO. Post Excellent Q4 Results, with Good Price and Volume action. Price Action: - It experienced a sharp decline in January 2025, falling from ₹950 to the ₹550 level. - Further correction took it to lows near ₹420 in March-May 2025 - Currently showing signs of recovery at ₹514.10, up ₹40.50 (+8.55%) in today's session. - Breaking above the descending trendline (white diagonal). - Multiple tests of the ₹420-430 support zone created a solid base Volume Analysis: - Today's volume at 7.79M shares vs. average of 2.93M (over 2.5x normal volume) - Previous support bounces (green arrows) also saw increased volume - Strong volume accompanying the breakout indicates conviction behind the move - Volume expansion during upward movements signals the accumulation phase Key Support and Resistance: - Strong support established at ₹420-430 zone (green horizontal line) - Intermediate resistance at ₹550 level (lower red horizontal line) - Major resistance at ₹630-640 zone (upper red horizontal line) - Multiple rejection points at these resistance levels (red arrows) - Historical resistance at ₹935-950 from December-January (top red line) Technical Patterns: 1. Triple Bottom- Formed at ₹420-430 level (March, April, May - green arrows) 2. Descending Trendline Breakout- Price breaking above the multi-month downtrend line 3. Somewhat Inverse Head & Shoulders- Potentially forming with: - Left shoulder (February-March) - Head (April) - Right shoulder (May) - Neckline around ₹520-530 4. Sort of Range Breakout- Escaping from the ₹420-500 trading range Trade Setup: - Pattern: Trendline breakout + potential inverse H&S completion - Confirmation: Strong price action above ₹500 with volume expansion - Context: Reversal setup after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹514.10) with partial position 2. Pullback Entry: On retest of breakout level ₹490-500 3. Confirmation Entry: On close above ₹550 (previous resistance level) Exit Strategy - Target 1: ₹550 (immediate resistance) - Target 2: ₹630-640 (major resistance zone) - Target 3: ₹750 (intermediate target based on pattern projection) - Ultimate Target: ₹935-950 (previous ATH high) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹480 (below recent swing low) - Conservative Stop: ₹450 (midpoint of recent range) - Pattern-Based Stop: ₹420 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 (with aggressive stop) - Consider the pyramiding approach: add to the position as each resistance level is cleared - Scale out: 30% at Target 1, 30% at Target 2, hold remainder with trailing stop The stock shows a compelling technical setup with its triple bottom pattern, trendline breakout, and high-volume surge. The inverse head and shoulders pattern, if completed with a move above ₹550, would further confirm the reversal thesis. Multiple tests of support with increasing volume on the recovery suggest institutional interest is building in the stock. Keep in the Watchlist. 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. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational 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:ANANTRAJLong
by Karanshah137
14
Confidence Petrol ltd., Looking good ; min 50% Roi ; swingFor short term investment ; Leave a " Like If you agree " .👍 . Wait for small retracement & daily candle to close above - "57.50" . Trade carefully untill ENTRY level. . Entry: 57.5 Target: 61-66-73-81 sl: 53 major stoploss/ support: 44.5. . Enter only if market Breaks and retrace and support above "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer old posted idea attached below.
NSE:CONFIPETLong
by TheNuraTrading
3MINDIA at Breakout Crossroads📅 Chart Type: Daily 📉 Structure Observed: Downtrend Channel → Breakout Attempt → Symmetrical Triangle 📌 Current Price: ₹29,620 🔍 Chart Analysis Summary: 3M India has been under a prolonged downtrend since mid-2023, clearly respecting the falling channel (highlighted in blue). However, since March 2025, a base seems to be forming, and price action has converged into a symmetrical triangle pattern (yellow lines), signaling a potential breakout. 💥 Trade Ideas ✅ Long Trade (High Risk, High Reward): If price decisively breaks out above the triangle resistance (~₹30,000+), it could be the first real sign of trend reversal after months of weakness. Potential targets could be: ₹31,200 (resistance zone) ₹33,500+ (previous swing highs) Stop-loss: Below ₹28,800 (lower triangle boundary) Risk: Moderate-High (False breakout possibility due to low volume) ⚠️ Risky Trade: Given the triangle formation at the end of a downtrend, this could also be a bearish continuation pattern. A fake breakout followed by rejection could trap bulls. 💡 Avoid trading until confirmation (volume spike + close above resistance or breakdown) 📉 Short Trade: If price breaks below ₹28,800 with volume, the stock could revisit: ₹27,000 (March support) ₹25,000 (channel support retest) Stop-loss: ₹30,100 (triangle resistance) Risk: Medium Reward: High if channel resumes downward 🔁 Swing Trade Perspective: This setup is ideal for swing traders who thrive on breakouts or breakdowns from tight consolidations. 📈 Breakout Swing: Enter above ₹30,000 with target ₹33,500 📉 Breakdown Swing: Enter below ₹28,800 with target ₹25,000 🧠 Wait for confirmation candle (daily close + volume) before entry. 📌 Key Zones to Watch: Resistance: ₹30,000 – ₹31,200 Support: ₹28,800, ₹27,000 Volume Spike: Needed to confirm move direction 🧠 Final Thoughts: This is a make-or-break level for 3M India. Traders should be cautious but alert. Whether you're bullish or bearish, this consolidation is unlikely to last much longer — and a sharp move is imminent. "In the market, the biggest profits often come from waiting for the right setup. This might be one." 📉💰 Trade responsibly. Always manage your risk.
NSE:3MINDIA
by ayusharya_001
JKTYRE – Breakout Watch Setup (Daily Chart)The stock has shown a strong bullish engulfing candle backed by volume spurt, breaking above a long-standing downtrend line. Price action suggests range expansion, with momentum building toward reclaiming higher levels. Structure is improving rapidly, with today's candle pushing the stock near its immediate breakout zone. A clean follow-through may confirm trend reversal. 🔔 Trade Plan Entry: ₹371.45+ Stop Loss: ₹325.60 (closing basis) Target 1: ₹426.75 Target 2: ₹459.20 Target 3: ₹513.35 ATH Zone: ₹556.45 🎯 Risk:Reward Overview Risk (Entry to SL): ₹45.85 Reward to T1: ₹55.30 → R:R ~ 1.20 Reward to T2: ₹87.75 → R:R ~ 1.91 Reward to T3: ₹141.90 → R:R ~ 3.09 This offers a highly favourable R:R setup, especially for swing traders looking to ride trend continuation after a strong base formation. 💡 Execution Tip You can consider taking a test quantity near ₹371–373 to gauge strength. Add more if the price sustains above ₹396.55 with momentum. Trail your SL smartly post T1. 🧠 Why It Stands Out Breakout above falling trendline Range expansion candle with strong body Backed by volume — indicating institutional interest Clean upside zone toward 1-year highs Psychological reset above ₹400 round level ⚠️ Risk Management Is Key As always, stick to your SL, size your position according to your risk appetite, and don’t overexpose at breakout highs. Trailing SL is your best friend in trending setups like this. 📌 Disclaimer: This is not investment advice. I am not a SEBI-registered advisor. All content is for educational purposes only. Please do your own research and follow a well-defined trade plan.
NSE:JKTYRELong
by sagartharayil
USHA MARTIN BREAKS OUT! 7.5% SURGE SIGNALS MASSIVE RALLY AHEADNSE:USHAMART Made Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Q4 Results with Good Price and Volume action and Breaking the Trendline. Price Action: - The stock has been in a downtrend since November 2024, forming a clear descending resistance line (white diagonal Trendline) - Currently showing strong breakout momentum at ₹334.85, up ₹23.75 (+7.46%) in today's session - Successfully broken above both the downtrend line and horizontal resistance at ₹320-325 - Multiple tests of support at the ₹290 level have created a solid base for the current rally - Higher lows forming since March indicate increasing buying pressure Volume Analysis: - Today's volume at 4.98M shares vs. average of 688.65K (over 7x normal volume) - Previous support bounces (green arrows) also occurred with increased volume - Extremely high volume on today's breakout confirms strong institutional interest - Volume profile shows healthy accumulation during support tests Key Support and Resistance Levels: - Strong support established at ₹290 level (green horizontal line) - Intermediate resistance/support at ₹320-325 (lower red horizontal line) - Major resistance at ₹350 level (upper red horizontal line) - The previous rejection point at ₹350 (red arrow) now becomes the next target - Long-term resistance from October to December 2024 around ₹420 Technical Patterns: 1. Downtrend Line Breakout*- Price has decisively broken above the multi-month downtrend line 2. Kinda Triple Bottom- Formed at ₹290 level (February-May), creating a solid foundation 3. Ascending Triangle- Recent price action shows higher lows against horizontal resistance 4. Volume Confirmation- Massive volume spike validates the technical breakout 5. Bullish Engulfing Candle- Today's price action engulfs previous bearish candles Trade Setup: - Pattern: Downtrend line breakout + horizontal resistance break - Confirmation: Strong price action with 7x normal volume - Context: Potential trend reversal after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹334.85) with partial position 2. Pullback Entry: On retest of breakout level ₹320-325 3. Confirmation Entry: Add positions on close above ₹350 (previous resistance) Exit Strategy: - Target 1: ₹350 (immediate resistance) - Target 2: ₹380 (intermediate resistance based on prior support level) - Target 3: ₹420 (major resistance from December 2024) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹315 (below breakout level) - Conservative Stop: ₹305 (midpoint between support and breakout) - Pattern-Based Stop: ₹290 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Maintain at least 1:1.5 (with aggressive stop) - Consider scaling in: 50% at current level, 25% on pullback, 25% on further confirmation - Scale out: 30% at Target 1, 40% at Target 2, hold remainder with trailing stop Today's powerful breakout on record volume after forming a kinda triple bottom pattern suggests a potential trend reversal. The breakout above both the descending trendline and horizontal resistance provides a compelling technical case for upside continuation. If the stock can maintain momentum above the ₹325 level, it could target the next resistance at ₹350 quickly, with potential for a move toward ₹380-420 in the coming weeks. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if 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. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational 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:USHAMARTLong
by Karanshah137
6
BANK NIFTYHello & welcome to this analysis The index is completing its pullback forming a falling trendline. It has good support between 54500-54000 while the trendline breakout would happen above 55500. The upside potential for this expected breakout is 57500-58000 One could either wait for the trend line breakout or buy this last leg of dip. Whenever Bank Nifty rallies it accelerates the Nifty trend also along with other sectors. Rarely does the index move in isolation. All the best
NSE:BANKNIFTYLong
by Dinesh_C_Nagpal
2
Shriram Finance – Potential Breakout or False Alarm? Technical Overview 📈 ✅ Uptrend intact – The stock has been taking support at a long-term trendline and briefly fell out during the correction. Now, it has reclaimed the trendline. ✅ Breakout from a Cup & Handle pattern – A bullish pattern indicating possible upside. ✅ Volume picking up – Still needs more confirmation for strength. ✅ Golden Crossover possible – If recent lows hold, further upside can trigger a 50 & 200 DMA crossover. ✅ Sector strength – The finance sector index is trading above key DMAs, showing resilience. Fundamental Snapshot 💰 Revenue Growth: 📈 Increasing YoY EPS Growth: 📈 Improving Profit Growth: 🚀 23.4% CAGR over the last 5 years Healthy Dividend Payout: 21.6% Market Cap: ₹1,26,653 Cr Stock P/E: 15.6 Book Value: ₹279 Dividend Yield: 1.34% ROCE: 11.3% | ROE: 15.9% Face Value: ₹2 ⚠️ Risk Factors: Low Interest Coverage Ratio Market Volatility – Could still be forming Lower Highs - Lower Lows (LL-LH) structure. Volume Needs to Improve for stronger confirmation. (Source: Screener.in) Risk-Reward Calculation 🎯 1️⃣ Early Entry (₹695.1) Stop Loss (SL): ₹607 (-12.65%) Target: ₹890.8 (+28.12%) Risk-to-Reward (R:R) = 1:2.22 ✅ 2️⃣ Safe Entry (₹732.35) Stop Loss (SL): ₹607 (-17.08%) Target: ₹890.8 (+21.7%) Risk-to-Reward (R:R) = 1:1.27 ✅ 💡 Conclusion: Early Entry (1:2.22) offers a better reward potential but has a higher risk of pullback. Safe Entry (1:1.27) is more conservative but offers a lower reward. Conclusion & Trading Plan 🎯 🔹 No need to rush in! Gradual accumulation is a wiser approach at this stage. 🔹 Risk Management is Key! This could be a false breakout or a pullback trap. Wait for confirmation. 🔹 Volume confirmation is essential – Without strong volume, the move might fail. 📢 Educational Idea | Not a Trade Recommendation 📢 This setup is shared to alert traders of a potential winner once the market settles. Not all setups play out, and only 5-6 out of 10 might succeed. Hence, risk management and position sizing are key. 📉📊 📢 Disclaimer: This post is for educational purposes only. It is NOT financial advice. All trades carry risk, and market conditions can change. Do your own research and manage risk accordingly.
NSE:SHRIRAMFINLong
by sagartharayil
2
Camlinfine offers good Risk To Reward. Add to WL⚠️ HIGH-RISK, HIGH-REWARD OPPORTUNITY Stock: CAMLINFINE Time Frame: 🕒 Daily 🎯 Entry Strategy 📌 Entry Trigger: ₹133.6 (Wait for a weekly close above this level) 📈 Targets T1: ₹144.4 T2: ₹168.8 T3: ₹186.2 ATH Potential: ₹231.39 🔻 Stop-Loss (SL): ₹111.7 (16% risk) 🔍 Technical Highlights 📐 Trendline Breakout followed by a healthy consolidation. Formation of a ☕ Cup & Handle pattern—indicative of bullish momentum. 🔄 Inverse Head & Shoulders, signaling a potential trend reversal. ⚠️ Risks to Consider Weak fundamentals, with poor ROE and ROCE. Volume needs significant improvement for sustained momentum. 💡 Why This Could Work If this marks the start of a trend reversal, the potential reward is substantial. However, this is a high-risk bet, so position sizing and risk management are absolutely critical.
NSE:CAMLINFINELong
by sagartharayil
IRCTC , Looking good ; min 25% Roi ; swing For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "785". Trade carefully untill ENTRY level. . Entry: 785 Target: 850-917-991 sl: 745 major stoploss/ support: 700. . Enter only if market Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer old posted idea attached below.
NSE:IRCTCLong
by TheNuraTrading
Titan - Trendline BO Post Q4 - Chart of the Week NSE:TITAN has a beautiful structure in the Weekly Timeframe and qualifies for my Chart of the Week idea post decent Q4 Results. About: NSE:TITAN is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories, led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint venture between TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO). Technical View: The stock has decisively broken above a major descending trendline (marked with a white line) that had contained price action since July-August 2024. This trendline has been respected multiple times over approximately 8-9 months, making today's breakout particularly significant. The breakout occurred with substantial price momentum, as indicated by the large green candle and 5 %+ gain, suggesting conviction behind the move. A critical demand zone (marked in green) around ₹2,900-3,000 that has repeatedly provided strong support. This zone has been tested and respected at least four times (marked with green arrows), demonstrating its importance as a major technical floor. Since January 2025, the stock has formed progressively higher lows, indicating increasing buying interest at higher price levels. Support and Resistance Analysis: Key Resistance Levels Immediate Resistance: ₹3,600 (horizontal level from previous swing highs) Major Resistance: ₹3,886.95 (52-week high/all-time high) Psychological Resistance: ₹3,750 (round number between current price and highs) Key Support Levels Immediate Support: ₹3,400-3,450 (previous resistance turned support) Trendline Support: ₹3,350 (the broken trendline should now act as support) Critical Support: ₹2,900-3,000 (major demand zone that has consistently held) Structural Support: ₹2,750 (low of the most recent significant pullback) Trade Setup: The combination of a clean trendline breakout, strong momentum, and historically reliable support zone suggests Titan Company may be poised for continued upside. Based on technical projections: Target(Take Profit): Near-term Target: ₹3,700-3,750 (measured move from the breakout point) Intermediate Target: ₹3,886.95 (retest of previous high) Longer-term Potential: New all-time highs above ₹3,900 if momentum continues Stop Loss: The critical factor to watch will be whether the stock can maintain positions above the broken trendline on any pullbacks. This would confirm the validity of the breakout and strengthen the bullish case. Conversely, a failure to hold above ₹3,400 could signal a false breakout scenario. Keep in the Watchlist and on your Radar. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if 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. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational 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:TITANLong
by Karanshah137
4
Big Money is Moving In—This Chart Screams BREAKOUT!A deep technical revisit on PREMEXPLN reveals a textbook example of structure, confluence, and timing: ✅ Previous Cup & Handle Breakout Zone (Yellow) The stock gave a massive breakout in mid-2023 from a well-formed Cup and Handle base. This zone, once a strong resistance, now acts as a long-term structural support (highlighted in yellow). ✅ Fibonacci Retracement from ATH to CMP A Fibonacci retracement from the all-time high of ₹906.4 to current levels shows a 61.8% retracement near ₹399, aligning perfectly with the current bounce zone. ✅ Red-to-Green Flip Zone The stock previously struggled around ₹420–₹480 (red resistance block), but now this zone is flipping into support with price reclaiming it—textbook polarity flip. ✅ WTF Counter-Trendline Breakout A clean weekly CT breakout is visible with strong bullish conviction. The breakout candle engulfs the previous sell-off wick, signaling wick fill + rejection absorption—a bullish candle combination. The breakout is supported by a noticeable volume spike (7.78M).
NSE:PREMEXPLNLong
by Averoy_Apoorv_Analysis
IDEAFORGE: Trendline breakout for bullish run.A single-line resistance trendline will be tested again. This time, the RSI has given the breakout and is nearing the 50 mark, signalling bullish sentiment. Upside targets are 535, 587. Entry on breakout of trendline and breach of high at around 464. The rejection of this trendline, which is less likely to happen as of now, will take the price back to the low of 304. Keeping the current geopolitical issues in mind, defence stocks are likely to be in demand.
NSE:IDEAFORGELong
by AbsoluteAnalysis
Data Patterns - Trendline BO with High Vol. - Chart of the MonthNSE:DATAPATTNS showed good price action this month, breaking the trendline with high volumes, showcasing strength in this market. Defence Industry Stocks are showing relative strength and looking to continue that further, qualifying for my Chart of the Month. About: NSE:DATAPATTNS is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led by innovation and design, and development efforts. It has been in business for over 35 years. It has supplied products catering to all the platforms, viz., space, air, land and sea, including products for LCA-Tejas. Trade Setup: Buy on Dips near Trendline Support or the base for Positional Traders and on breakout of the candle high for Swing Traders. Target: Around ATH Zones, ideally, if sustained,d can go further up. Stop Loss: Entry Candle Low For Swing Traders and Base Marked for Positional Traders. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if 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. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational 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:DATAPATTNSLong
by Karanshah137
HEROMOTOCO-Positional Short Trade Stock upside taking support from trendline. Friday's session 25'th April The stock has shown weakness potential trend reversal. There are two possibilities: 1)Head and Shoulder Pattern 2)Descending Tringle Pattern For both the possibilities it the neckline/Support zone 3800 needs to break. If that happens it may test 3680. If opens gap up Above 3960 Avoid! Please don't forget click on follow button so you won't miss any upcoming ideas. Any confusion, feel free to drop msg. Happy to help :) This is only for educational purpose, please manage your risk accordingly.
NSE:HEROMOTOCOShort
by Rushikesh_09