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Tirumalai: The Anatomy of a BreakoutOn the daily chart, TIRUMALCHM appears to be approaching a potential breakout from an ascending triangle pattern, a formation often associated with bullish continuation. Notably, the price has managed to close above all key EMAs, including the 200-day EMA, which is widely regarded as a long-term trend indicator. From a momentum perspective, both the RSI and MACD indicators are showing strength on the daily and weekly timeframes. These signals may suggest the early stages of a sustained upward trend, contingent on broader market conditions and follow-through price action. Given the current technical setup, the stock may be considered for gradual accumulation near the CMP. Alternatively, more conservative participants might prefer to wait for a potential retest of the breakout zone in the coming sessions, which could offer a more favourable risk-reward entry with a next long term resistance of ₹340 . A technical invalidation level could be considered below the ₹251 mark, depending on individual risk tolerance and trading strategy. Disclaimer: This analysis is intended solely for educational and informational purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument. Market participants are strongly encouraged to conduct their own research or consult with a qualified financial advisor before making any investment decisions.
NSE:TIRUMALCHMLong
by NiftyNotion
SHAKTI PUMP : A text book break out• Stock broke a 4 month long short term trendline on 06th Jun25. • Taken support from long term trendline. • Big boys took position for the last 2 months without disturbing the price. • An increase in volume is the testament of the hypothesis. • Go long on positional/swing basis. • Target 1: 1029.5 • Target 2: 1192 • Target 3: 1356.5 • SL for Swing traders: 878 • SL for positional trader: 839 • A RR of 1:4.75. A classical textbook breakout. • Enjoy the show!!!
NSE:SHAKTIPUMPLong
by trader_ghosh
5
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
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
OFSS | Symmetrical Triangle | BreakOut |DailyGot it! I see the **ORACLE FIN SERV SOFT LTD** chart. Let’s break down what we’re seeing: --- **🔍 Pattern Observed:** ✅ **Symmetrical Triangle / Ascending Triangle:** The chart shows an **ascending triangle breakout** pattern — higher lows and horizontal resistance. Volume is starting to increase, suggesting an upcoming move. ✅ **Base Formation:** * There was a **rectangle base** (accumulation zone) from March to April 2025, marked with a box. * Post breakout from this rectangle (around 8,000 zone), the stock formed higher lows, consolidating into the triangle. ✅ **Resistance:** * Horizontal resistance around ₹8,913.15 – key breakout level. * Once price closes above this zone with volume, the pattern confirms. --- **📈 Measured Move Target:** * Height of the triangle / base: \~₹1,000 * Breakout level: \~₹8,900 * **Target:** ₹8,900 + ₹1,000 = **₹9,900 – ₹10,000** zone --- **🔧 Indicators:** * Volume increased during the breakout attempt – bullish sign. * EMAs are starting to converge; above EMA-21 and EMA-55, showing short-term trend strength. --- **✅ Conclusion:** * **ORACLE FIN SERV SOFT LTD** is attempting an ascending triangle breakout. * Confirmation comes with a strong close above ₹8,913 on increased volume. * Target potential: ₹9,900 – ₹10,000. Would you like me to highlight support/resistance, trendlines, and add potential trade setups (stop-loss/target zones) for this breakout? Let me know! 🚀📊
NSE:OFSSLong
by DailyCharts03
Gold on it’s target - Next Move BullishOur yesterday analysis went TRUE . As expected after reaching high gold came down for correction. As you all know today there is PMI news today, so market will come down and after that take upward momentum. So do wait for it and after that execute the trade. Key point. Support - 3348, 3335, 3329 Resistance - 3354, 3362, 3371 Any Query Reach Us or comment down Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right. RISK WARNING 🔴 🔴 🔴 There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility. HAPPY TRADING. #gold #xauusd #xauusdtrading #goldtrading #goldanalysis #forextrading #forex #trendline #goldsignals #goldnews goldlatestanalysis #xauusdtradesetup #forextradingguide #fxgold
TVC:GOLDLong
by rudravasaikarrr
silver in triangle breakout. Two possibilities. one is impulisveElliott Wave Analysis:- 1st possibility:- Silver is in a triangle breakout . if it is getting towards upside breakout then we have a nice opportunity of pullback and and we can add it if the pullback occurs. else we can enjoy this journey quietly. 2nd possibility:- Silver had already made a pullback towards down side breakout. Once it start the way it will fly towards downside and then it will complete a C wave in whole B wave then upside C wave will be impulsive. This type 2 will be discussed in next chart. I will post it as seperately chart for clear understanding . I am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
TVC:SILVER
by n0m0ret0ss
Emudhra Watchlist StockEmudhra's Triangle Breakout Drama: Why This Digital Security Stock Could Rally 15% from Current Levels Price Action: Looking at Emudhra's daily chart, we're witnessing a textbook technical setup that could offer substantial rewards for patient traders. The stock has been consolidating in a well-defined triangle pattern since late April, with price action compressed between converging trend lines around 720-780 levels. The current price action shows Emudhra testing the upper boundary of this Wedge formation at approximately 775-780 resistance zone. What's particularly interesting is how the stock has maintained its position above the key psychological level of 750, suggesting underlying strength despite the recent market volatility. Volume Action: From a volume perspective, we've seen relatively subdued activity during this consolidation phase, which is typical behaviour within triangle patterns. However, any breakout above 780 with accompanying volume surge would validate the bullish continuation thesis. The base formation here spans roughly 6-8 weeks, providing sufficient time for weak hands to exit and strong accumulation to occur. Support levels are clearly defined at 720 (triangle lower boundary) and 700 (psychological support), while immediate resistance sits at 780, followed by the major level at 880. The triangle pattern, combined with the stock's position above key moving averages, suggests a potential measured move target of around 850-870 levels, representing approximately 10-15% upside from current levels. Trade Setup: Entry: 782-785 on breakout with volume confirmation Target 1: 820 (initial resistance) Target 2: 850-870 (measured move target) Stop Loss: 750 (below triangle support) Risk-Reward Ratio: Approximately 1:2.5 Risk management is crucial here - the stop loss at 750 provides a reasonable buffer while maintaining favourable risk-reward dynamics. Traders should wait for a decisive breakout above 780 with at least 50% higher than average volume to confirm the pattern completion. Sectoral Backdrop: The digital security and cybersecurity sector has been gaining traction globally, with increasing digitization post-pandemic driving demand for authentication and security solutions. Emudhra operates in the digital trust space, providing digital signature solutions and PKI services, which positions it well for the ongoing digital transformation wave. Fundamental Backdrop: While technical analysis drives this setup, Emudhra's business fundamentals appear supportive, with the company's focus on digital identity solutions aligning with government initiatives like Digital India. The increasing adoption of digital signatures across various sectors provides a favourable operating environment for sustained growth. Risk Factors: Technical Risks: - False breakout possibility if volume doesn't support the move - A broader market correction could invalidate the pattern - Failure to hold 750 support would signal a pattern failure Fundamental Risks: - Intense competition in the digital security space - Regulatory changes affecting the business model - Economic slowdown impacting enterprise spending - Technology disruption in authentication methods My Take: The key catalyst to watch would be any major contract announcements or regulatory developments that could trigger the breakout. Given the tight consolidation and technical setup, this stock deserves a spot on active traders' watchlists for the coming weeks. 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:EMUDHRA
by Karanshah137
10
HDFCBANK | Symmetrical Triangle | Daily |Watchlist### **Technical Analysis of HDFC Bank Ltd. (NSE)** The **daily candlestick chart** of **HDFC Bank Ltd.** highlights key technical patterns, suggesting potential bullish momentum. ### **Key Observations:** 1. **Cup and Handle Formation:** - A well-defined **cup and handle** pattern is visible, indicating prolonged accumulation. - Breakout above **1,960.00 INR** confirms bullish sentiment. - **Projected Target:** **2,057.30 INR**, a **11.62% upside** from breakout. 2. **Symmetrical Triangle Breakout:** - Price action consolidating within a **symmetrical triangle**, leading to breakout confirmation. - Strong move above **1,944.90 INR**, validating upward momentum. 3. **Volume & Price Action:** - **Volume:** **14.37M** surpassing 20-day moving average of **10.13M**, confirming strength. ### **Support & Resistance Levels:** - **Support:** **1,842.00 INR**, acting as a key cushion in case of pullbacks. - **Resistance:** **2,057.30 INR**, aligning with the measured move projection.
NSE:HDFCBANKLong
by DailyCharts03
PAYTM | Symmetrical Triangle | Daily ### **Technical Analysis of Paytm (ONE 97 COMMUNICATIONS LTD - NSE)** The chart highlights a **symmetrical triangle breakout**, signaling potential bullish momentum. ### **Key Observations: **Symmetrical Triangle Formation:** - The price oscillated between converging trendlines, forming a tightening range. - The breakout above the upper trendline confirms bullish continuation. **Cup and Handle Preceding the Breakout:** - The earlier **cup and handle** pattern reinforced accumulation before the breakout. **Breakout Confirmation:** - **Resistance Level:** **911 INR**—a key level to watch. - **Target Price:** **990.35 INR**, representing a **12.86% upside** from the breakout point. **Volume Surge:** - Increased trading activity during the breakout strengthens the validity of the move. ### **Indicators to Watch:** - **RSI:58, it confirms strong buying momentum. - **MACD:** A bullish crossover reinforces trend continuation. - **Support Level:** **911 INR**—holding above this level strengthens the bullish case.
NSE:PAYTMLong
by DailyCharts03
Venus Pipes Explodes 12% Breaking Out of 6-Month BaseNSE:VENUSPIPES Explodes 12%: Breaking Out of 6-Month Base Could Target ₹1,600 as it made a Beautiful Chart Structure Just Before Q4 FY25 Results. Price Action Analysis NSE:VENUSPIPES is experiencing a significant breakout moment, currently trading at ₹1,452.00 with an impressive 12.37% gain (₹159.80). The stock has decisively broken above a critical resistance zone around ₹1,400-1,420 after consolidating in a well-defined base for nearly six months. This breakout comes with strong momentum and represents a potential shift from accumulation to the markup phase. Volume Analysis: Volume is exceptionally strong at 626.33K shares compared to the average of 85.02K - nearly 7.5x times normal volume. This massive surge in participation validates the breakout and suggests institutional buying interest. The volume spike coinciding with the price breakout is a textbook confirmation signal that significantly increases the probability of continuation. Key Support & Resistance Levels: - Newly Broken Resistance: ₹1,400-1,420 zone (now potential support) - Next Major Resistance: ₹1,500-1,520 (psychological level and previous resistance) - Ultimate Target Resistance: ₹1,900-1,950 (red horizontal line - major resistance from earlier highs) - Strong Base Support: ₹1,100-1,150 zone (multiple green arrows showing successful tests) - Immediate Support: ₹1,380-1,400 (previous resistance becomes support) Technical Patterns: 1. Rectangle Breakout: Clean break above the 6-month consolidation range (₹1,100-1,420) 2. Multiple Bottom Formation: Several tests of the ₹1,100-1,150 support zone (marked with green arrows) 3. Ascending Triangle: Recent price action shows higher lows approaching the ₹1,420 resistance 4. Volume Breakout Pattern: Classic high-volume breakout from a prolonged base Trade Setup - Breakout Continuation Primary Entry Strategy: - Entry Point: ₹1,440-1,460 (current levels or minor pullback) - Aggressive Entry: ₹1,420-1,430 (on any retest of breakout level) Target Levels: - First Target: ₹1,520-1,540 (psychological resistance and measured move) - Second Target: ₹1,650-1,680 (extension target based on base width) - Ultimate Target: ₹1,800-1,850 (major resistance zone approach) Risk Management: - Stop Loss: ₹1,350 (below the breakout zone and recent support) - Tight Stop: ₹1,390 for short-term traders - Position Size: Maximum 2-3% of portfolio at risk Alternative Setup - Conservative Approach For risk-averse traders: - Entry: ₹1,480-1,500 (after clearing first resistance convincingly) - Stop Loss: ₹1,420 (below confirmed breakout level) - Targets: ₹1,600, ₹1,750 Pattern Analysis: The stock has formed a solid 6-month base between ₹1,100-1,420, allowing for significant accumulation. The multiple tests of support around ₹1,100-1,150 (green arrows) demonstrate strong buying interest at lower levels. The recent ascending triangle formation within the larger rectangle pattern suggests building momentum that has now been released. Risk-Reward Assessment: - Primary Setup R:R: 1:2.8 (Entry ₹1,450, Stop ₹1,350, Target ₹1,730) - Breakout Target: Rectangle pattern suggests potential for 25-30% move - Failure Risk: Breakdown below ₹1,380 would invalidate the bullish setup Key Technical Factors: The convergence of multiple bullish signals - rectangle breakout, volume confirmation, successful base building, and momentum surge - creates a high-probability setup. The stock has spent considerable time building this base, and the breakout with such strong volume suggests genuine institutional participation rather than retail speculation. Trading Strategy: Traders should look for any minor pullbacks to the ₹1,420-1,440 zone as ideal entry opportunities. The key is to ensure the breakout level holds as support. A sustained move above ₹1,500 would confirm the pattern and likely attract momentum buying, potentially accelerating the move toward the ₹1,650-1,700 zone. Monitor for any evening star or shooting star patterns at resistance levels, which could signal temporary exhaustion and provide profit-taking opportunities. 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:VENUSPIPESLong
by Karanshah137
15
Nifty - May 29 Monthly Expiry analysisToday price moved in a very narrow range. No clear signal to buy or sell and option premium decayed. Consolidation leads to break out, if the range is broken. Resistance is seen at 24800 zone. Buy above 24840 with the stop loss of 24800 for the targets 24880, 24920, 24980, 25020, 25060 and 25120. Sell below 24680 with the stop loss of 24720 for the targets 24640, 24600, 24560, 24520, 24480 and 24420. Expected expiry day range is 24500 to 25100. Always do your own analysis before taking any trade.
NSE:NIFTY
by vanathi
2
Aptus Rising Channel Pattern with Prior Triple Bottom PatternNSE:APTUS : Rising Channel Pattern with Prior Triple Bottom Pattern Signals Major Reversal - Could This Be the Next Multi-Bagger? Pattern Recognition & Base Formation: NSE:APTUS presents a compelling technical setup with a Triple Bottom reversal pattern formed at the ₹267-275 support zone. This pattern, completed over several months from late 2024 to early 2025, represents one of the most reliable bullish reversal formations in technical analysis. The stock has also carved out a distinct ascending triangle pattern with the upper trendline acting as dynamic resistance around ₹340-350 levels. The recent breakout above this consolidation zone, accompanied by increased volume participation, signals a potential trend change from the prolonged correction phase. Key Technical Levels Analysis: Critical Support Levels: - Immediate Support: ₹330-335 (recent breakout consolidation) - Major Support: ₹290-295 (triple bottom neckline and 50% retracement) - Ultimate Support: ₹267-275 (triple bottom base - absolute floor) Resistance Levels: - Immediate Resistance: ₹359 (marked horizontal resistance zone) - Next Target: ₹380-385 (psychological resistance before ATH) - Ultimate Target: ₹401.65 (all-time high retest) - Extension Target: ₹420-430 (measured move from triple bottom pattern) Volume Profile Assessment: The volume pattern shows significant improvement during the recent bounce from the triple bottom lows. Today's volume at 900.31K represents a 44% increase from the 20-day average, indicating institutional interest returning to the stock. The volume during the formation of the triple bottom showed classic accumulation characteristics - high volume on declines (smart money buying) and lower volume on any bounces, until the recent breakout attempt. Technical Pattern Breakdown: Primary Pattern: Triple Bottom Reversal - Formation Period: December 2024 - February 2025 - Support Base: ₹267-275 - Neckline: ₹290-295 - Measured Target: ₹350+ (already achieved), next target ₹420-430 Secondary Pattern: Ascending Triangle - Formation Period: February 2025 - Present - Base: Rising support from ₹275 to ₹330 - Apex: ₹340-350 resistance zone - Breakout Status: In progress with volume confirmation pending Trade Setup Strategy: Setup Classification: Reversal Play with Pattern Confirmation Entry Approaches: - Aggressive Entry: ₹340-345 (current levels on any minor dip) - Conservative Entry: ₹330-335 (on pullback to breakout support) - Value Entry: ₹290-295 (if neckline retest occurs - lower probability) Position Management: - Initial Position: 1-1.5% portfolio allocation - Add-on Levels: ₹330-335 (if pullback materialises) Profit Booking Strategy: - Target 1: ₹365-370 (6-8% upside) - Book 25% position - Target 2: ₹385-390 (12-15% upside) - Book 40% position - Target 3: ₹410-420 (20-25% upside) - Book remaining 35% Risk Management: - Tight Stop: ₹325 (5-6% downside for aggressive traders) - Swing Stop: ₹310 (10% downside for position traders) - Pattern Stop: ₹285 (below neckline - invalidates bullish thesis) Sector & Fundamental Backdrop: Housing finance companies are experiencing renewed interest due to: - Improving real estate cycle momentum - Regulatory clarity on lending norms - Credit growth revival in retail segments - Government policy support for affordable housing Risk-Reward Assessment: Bullish Catalysts: - Triple bottom completion - highly reliable reversal signal - Volume expansion during the recent bounce - Sector tailwinds supporting fundamentals - Technical breakout from months of consolidation - Strong support base established at ₹270 levels Risk Factors: - Overall market volatility could impact momentum - NBFC sector sensitivity to interest rate changes - Need to sustain above ₹340 to confirm breakout - High beta nature amplifies market moves Bottom Line: NSE:APTUS offers an attractive risk-adjusted opportunity with the completion of a triple bottom reversal pattern. The stock appears to be in the early stages of a potential trend reversal after months of base building. The most prudent approach would be to initiate positions around current levels (₹340-345) with a tight stop below ₹325, targeting the ₹365-370 zone initially. Any pullback to the ₹330-335 support area would present an even better entry opportunity. The key technical milestone will be a decisive break and hold above ₹350, which would likely trigger the next leg of the move toward the ₹380-400 zone. Until then, trade with defined risk parameters and respect the established support levels. 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:APTUSLong
by Karanshah137
4