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Trend Line Break

Technical Development on Weekly Chart – Birla Cable📈 BIRLA CABLE – Chart Talking Loud Now! ✅ 200 DEMA crossed 200 Dema was providing solid resistance and now taken out marked with blue line. ❌ At Counter-Trendline Solid CT thrown from the top of the pattern, dotted white line shows that. ✅ Demand Zone Holding Strong Clearly shown a solid supply zone which got converted into a Demand only after the Breakout some months back. After months of consolidation and rejection from the same supply zone… price is now attacking with volume 🔥 🧠 “When structure aligns with emotionless patience, conviction follows.”
NSE:BIRLACABLELong
by Averoy_Apoorv_Analysis
Samvardhana Motherson BreakoutMOTHERSON Stock Analysis MOTHERSON stock is breaking out again on the monthly chart after previously reaching a new all-time high and then declining. It recently broke the trend-line with good buying pressure. The target could be the all-time high or lower, but it may take a few months to reach if things go well. Stop-loss should be set based on individual risk appetite. Index Inclusion : Part of NIFTY NEXT 50 and NIFTY 100 indices, indicating significant market presence. Financial Highlights: - Revenue Growth : Consistent increase over recent quarters, reaching Rs 113,662 crore in Mar 2025. - Net Profit : Also rising, with Rs 3,618 crore in Mar 2025. - EPS : Improved to Rs 5.50 in Mar 2025. - Annual Revenue & Profit : Steady growth over the past five years, with revenue surpassing Rs 113,662 crore and net profit over Rs 3,618 crore in 2025. Financial Performance: - Profit Margins : Net profit margin around 3.18% in Mar 2025. - Valuations : P/E ratio at approximately 23.81, indicating moderate valuation. - Debt Levels : Debt-to-equity ratio at 0.42, reflecting manageable debt. - Cash Flow & Balance Sheet : Operating cash flow remains strong; assets and liabilities Show growth aligned with revenue expansion. These financial insights are sourced from Moneycontrol. Conclusion : Motherson International shows a consistent growth in revenue and profits, with stable financial ratios and manageable debt levels. Its inclusion in major indices and recent financial performance suggest it remains a significant player in its sector. However, the recent stock decline indicates market caution, so investors should monitor market sentiment closely. This is for educational purposes only and not a buy or sell recommendation.
NSE:MOTHERSONLong
by ard-komercisto
From Breakdown to Breakout: A V-Shaped Surprise!This chart of Sterlite Technologies (W1) tells a compelling price action story: 📉 The stock initially consolidated at a demand zone, only to break down sharply, flipping that zone into a fresh supply area. 💥 What followed was a strong V-shaped recovery, accompanied by significant volume expansion. 🚀 The reclaimed supply zone was decisively taken out, leading price right into the Active Counter Trendline (CT). 🔁 This Active CT now stands as a key structure; the stock needs to form a higher low near the reclaimed demand zone for structural strength. ⚠️ Ahead, we have two higher-timeframe resistances in sight:   📏 An Inactive Weekly CT (dotted)   📡 The WTF 200 DEMA, a major trend filter While this is not a call or forecast, the shift in structure, volume, and reclaiming of supply tells a story of possible trend transition — something worth keeping on the radar.
NSE:STLTECHLong
by Averoy_Apoorv_Analysis
2
LTF Breaking Out of Consolidation and ascending triangleNSE:LTF : Breaking Out of Consolidation and ascending triangle with heavy volumes today - Is This the Next Big NBFC Move? Price Action Analysis: • Base Formation: Clear sideways movement between ₹160-172 levels • Breakout Confirmation: Recent breach above ₹172 resistance with volume expansion • Trendline Break: White descending trendline from December highs decisively broken • Market Structure: Shift from the consolidation phase to the potential trend resumption • Time Frame: A six-month base provides a strong foundation for sustained movement Volume Analysis: • Current Volume: 5.57M against 20-day average of 15.94M • Volume Pattern: Accumulation visible during the base formation period • Support Tests: Volume spikes coinciding with successful ₹160-164 support tests • Breakout Volume: Adequate but not exceptional - requires monitoring for follow-through • Distribution Signs: No significant selling pressure visible during consolidation Key Support & Resistance Levels: Support Levels: • Immediate Support: ₹172 (new floor post-breakout) • Secondary Support: ₹168 (previous resistance turned support) • Major Support: ₹160-164 (primary consolidation base) • Critical Support: ₹155 (breakdown level) Resistance Levels: • Immediate Resistance: ₹190-195 (measured move target) • Next Resistance: ₹205-210 (psychological and technical zone) • Long-term Target: ₹220-225 (extension target) Trade Setup: Entry Strategy: • Aggressive Entry: Current levels ₹183-184 for momentum traders • Conservative Entry: ₹175-177 on pullback to breakout zone • DCA Approach: Scale in between ₹175-185 levels Exit Strategy: • Target 1: ₹192 (measured move from rectangle pattern) • Target 2: ₹205-210 (next significant resistance) • Target 3: ₹220+ (extension target for long-term holders) Stop Loss: • Closing Basis: Below ₹170 • Intraday Basis: Below ₹168 • Risk Percentage: 7-8% from current levels Position Sizing & Risk Management: Position Sizing: • Conservative: 1% portfolio risk • Moderate: 1.5% portfolio risk • Aggressive: 2% portfolio risk (maximum recommended) Risk Management: • Stop Loss Discipline: Strict adherence to ₹170 closing stop • Position Scaling: Reduce position if breaks ₹175 intraday • Profit Booking: Book 30% at ₹192, 40% at ₹205 • Trailing Stop: Implement above ₹195 levels Sectoral Backdrop: NBFC Sector Positives: • Credit Growth: NBFC credit growth outpacing bank credit • Market Share: Gaining share in retail and SME segments • Asset Quality: Improving collection efficiency post-COVID • Regulatory Support: Favourable policy environment Sector Trends: • Digital Lending: Increased adoption of technology platforms • Rural Focus: Growing emphasis on semi-urban and rural markets • Partnership Models: Collaborations with fintech companies Fundamental Backdrop: Company Strengths: • Group Support: Strong L&T Group parentage and backing • Diversified Portfolio: Exposure across infrastructure and retail segments • Quality Borrowers: Access to L&T Group ecosystem clients • Management Quality: Experienced leadership team Recent Developments: • Asset Quality: Improving NPA ratios • Profitability: Better margins and ROE metrics • Growth Strategy: Focus on profitable growth segments Risk Factors: Technical Risks: • False Breakout: Possibility of returning to the consolidation range • Volume Confirmation: Need for sustained volume support • Market Correlation: High beta to financial sector performance Fundamental Risks: • Interest Rate Risk: Rising rates impacting lending margins • Credit Quality: Potential stress in the retail lending portfolio • Economic Slowdown: Impact on borrower repayment capacity • Regulatory Changes: Policy shifts affecting NBFC operations Market Risks: • Sector Rotation: Money moving away from financial stocks • Liquidity Concerns: Tightening of wholesale funding markets • Competition: Increased competition from banks and fintech My Take: The technical setup suggests accumulation phase completion with potential for a significant move higher. Follow the Strict Trade Plan as Explained Above. 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 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:LTFLong
by Karanshah137
17
ICICIGI | High probable INHS setup - Looks good for 20-40%ICICIGI | High probable INHS setup - Looks good for 20-40% CMP : 2006 (Dip : 1930) SL : 1800 The stock has confirmed a classic inverted Head & Shoulders pattern on the daily chart, signaling a strong trend reversal. ✅ Breakout above neckline with decent volume, adding conviction to the move. 🎯 Immediate Target: 2300 🎯 Second Target (as per Fibonacci extension): 2700 📉 Pattern: Inverted H&S 📈 Volume: Supporting the breakout 📊 Bias: Bullish This could be an excellent area of value for swing traders looking to ride the trend. A retest of the neckline could offer a second entry opportunity with a good risk-reward ratio.
NSE:ICICIGI
by srikartiram
HINDZINC - NSE | Daily Chart Analysis📊 HINDUSTAN ZINC LTD (HINDZINC) – NSE | Daily Chart Analysis 📅 Date: May 30, 2025 📈 CMP: ₹464.75 (+2.68%) 📌 Ticker: NSE:HINDZINC 🧠 Technical Breakdown 🟢 Descending Trendline Breakout 🟢 The stock is showing early signs of strength as it approaches the apex of a long-term descending trendline. Price action is attempting a trendline breakout from a nearly year-long downtrend, suggesting the possibility of a bullish reversal. 🔍 Volume Confirmation Steady volume buildup over the past few sessions, potentially indicating accumulation ahead of a confirmed breakout. 📉 Well-Defined Support ₹374.65 has acted as a strong demand zone on multiple occasions, offering a solid base for the current move. 📍 Key Price Levels 🔺 Resistance (Trendline Breakout Zone): ₹465 🔻 Major Support: ₹374.65 🎯 Upside Targets (on breakout): ₹500 ₹535 ₹575+ 🛡️ Stop Loss: Below ₹440 (on breakout failure) 📌 Trading Strategy Aggressive Entry: On breakout + closing above ₹465 with volume surge Conservative Entry: Retest of trendline post-breakout SL: ₹440 Target Zone: ₹500–₹575 ⚠️ Disclaimer This post is for educational purposes only and does not constitute financial advice. Always conduct your own analysis or consult a financial advisor before investing.
NSE:HINDZINCLong
by PriceAction_Pulse
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
21
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
Technical Analysis of Pennar Industries LtdAfter a prolonged period of two months characterized by a downward trend, Pennar Industries has recently exhibited bullish momentum with notable breakouts. An analysis of the daily chart reveals a significant trendline breakout, accompanied by increased trading volume, which has facilitated a close above the 50-day EMA. This development is a positive indicator for potential upward movement. Additionally, the RSI has also shown a breakout, moving above the pivotal 50 level, which traditionally signals a shift towards bullish territory. The MACD has provided further confirmation of this bullish sentiment, with a crossover being observed, and the MACD histogram now reflecting positive values. In terms of potential price levels, it is important to note that the stock may encounter resistance around the ₹183 mark, followed by another resistance level at ₹204 . Conversely, strong support is identified at the ₹152 level, which could serve as a safety net for investors in case of price retracement. Disclaimer: The insights provided in this analysis are for informational and educational purposes only and should not be interpreted as financial advice. It is recommended that individuals consult with a qualified financial advisor or conduct their own comprehensive research before making any investment decisions.
NSE:PENINDLong
by NiftyNotion
2
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
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
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