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Triveni Turbine LtdTriveni Turbine specializes in the manufacturing and maintenance of steam turbines, particularly for industrial and power generation applications. They offer a range of steam turbines, including back-pressure and condensing types, designed for diverse pressure and flow requirements, up to 100 MW. The company demonstrates strong profitability with a good profit growth of 25.1% CAGR over the last 5 years. They also have a healthy interest coverage ratio (64.45) and a good cash flow management. Promoters hold a significant portion of the shares (55.84%), while Foreign Institutional Investors (FIIs) hold a substantial stake as well (28.01%) Entry, stop loss and target details mentioned in the chart. Note: Please do your self financial assessment before investment, I am not certified stock analyst.
NSE:TRITURBINELong
by ravi32119
2
Hindalco Symmetrical Triangle breakout setup🔹 Pattern: Symmetrical Triangle 🔹 Breakout Level: ₹660 🔹 Stoploss: ₹635 (below swing low) 🔹 Target Zone: ₹850 – ₹900 🔹 Risk–Reward: 7.6 – 9.6 🔹 Timeframe: Positional (swing to medium term) --- 📊 Chart Analysis: Hindalco has broken out of a well-defined symmetrical triangle on the daily chart, with strong price compression followed by bullish breakout confirmation. The triangle height is ~₹200, projected from the breakout zone, giving a target range of ₹850–₹900. 🧠 Stoploss placed below the last swing low inside the triangle to avoid false breakdown traps.
NSE:HINDALCOLong
by Punit190
Analysis of Microsoft Corp. (MSFT) Weekly ChartHistorical Trend: The chart illustrates Microsoft Corp.'s stock price on a weekly timeframe from 2022 to mid-2025. The stock showed a steady upward trend from 2022 to early 2025, reflecting strong growth driven by its dominance in software and cloud computing. Key Levels: Resistance: The $483.89-$477.40 range (red line) has acted as a significant resistance level. The price recently tested this zone and appears to have faced rejection. Support Levels: Support 1: $425.59 (green line) served as a mid-range support during recent corrections. Support 2: $376.00 (green line) acted as a stronger support level during prior consolidations. Major Support 3: $316.63 (green line) represents a critical long-term support zone, tested during deeper pullbacks. Recent Price Action: After approaching the resistance at $483.89, the stock experienced a sharp decline, forming a descending pattern (blue line). This suggests a potential bearish reversal or correction following the rejection at resistance. Projected Movement: The downward projection indicates the stock could decline toward the $316.63 major support level if the bearish momentum continues. A break below $376.00 would confirm this trend, while a bounce from $425.59 could signal a potential recovery. Volume and Indicators: The chart includes Bollinger Bands (O475.21 H483.46 L474.08 C477.40) with a -2.44 (-0.51%) change, indicating moderate volatility. The recent drop suggests selling pressure, though specific volume data is not detailed. Outlook: The stock is currently in a bearish phase after failing to break above $483.89. Watch for a potential test of $425.59 or $376.00 supports. A recovery above $477.40 would indicate a resumption of the bullish trend, while a drop below $316.63 could signal a deeper correction.
NASDAQ:MSFTShort
by NaviPips
2
GALLANTT |Symmetrical Triangle | Daily ### 🔍 Technical Snapshot - **Breakout Alert**: The symmetrical triangle shows a bullish breakout above ₹488, with a strong follow-through toward ₹506.40. That breakout level was respected perfectly—classic pattern behavior. - **Target**: The projected target of ₹580.50 looks feasible based on the height of the triangle and the breakout momentum. - **Volume Surge**: Today's volume is a whopping 1.66M—over 10x the 5-day average—with an rVol of 1052%. That kind of participation typically supports sustained momentum. ### 📉 Trend and Indicators - **Descending Channels**: The stock escaped not one but *two* descending channels—suggesting a reversal in structure. - **RSI at 42.15**: Room for upside. It’s not overbought, meaning there’s still breathing room for a move toward the target. - **EMA Support**: Price is comfortably above short and long-term EMAs (8, 21, 55, 144), which is a bullish alignment. ### 🧾 Fundamental Flash - **EPS Growth**: Consistent quarterly growth, with a standout 599.9% QoQ jump in Sep 2024. That's explosive. - **U/D Ratio**: 22 up days out of 28 with a U/D Ratio of 2.07—implying steady buying pressure over time.
NSE:GALLANTTLong
by DailyCharts03
Aeroflex | Symmetrical triangle breakout ### 📊 **Aeroflex Industries Ltd - Technical Analysis Summary (Daily Chart)** #### 🚀 **Breakout Overview** * **Pattern**: Symmetrical triangle breakout (tight range → explosive move) * **Breakout Confirmation**: Massive bullish candle (+11.45%) with **volume spike (64.98M)** — over **1200% above average** * **Breakout Level**: \~₹174–₹176 #### 🎯 **Target Projection** * **Height of Triangle (Approx)**: ₹31.90 * **Target Price**: ₹176 (breakout level) + ₹31.90 ≈ **₹210** #### 📌 **Key Price Levels** * **Current Price**: ₹194.87 * **Immediate Resistance / Target**: ₹210 * **Support**: ₹186 (previous swing high and breakout retest level) * **Stop Loss Zone**: Below ₹174 #### 📈 **Volume & Indicators** * **RSI**: 74.80 — Overbought, but confirms strong momentum * **EMA Confluence**: * EMA-8: +10.89% * EMA-21: +14.08% * EMA-55: +13.01% * EMA-144: +8.23% * **RVol**: 3074.27% — Heavy institutional activity likely * **U/D Ratio**: 5.29 — Strong buying dominance #### 🧠 **Inference** * **Strong bullish breakout** with rising volume and RSI confirmation. * Good follow-through expected up to **₹210**. * Watch for minor pullbacks or consolidation near ₹186 for potential entry on retest. ---
NSE:AEROFLEXLong
by DailyCharts03
AMBER | Watchlist | Symmetrical triangle | DailyHere’s the analysis of your chart for **Amber Enterprises Ltd (NSE)**: --- ### 📊 **Price Action & Patterns**: * The stock is forming a **symmetrical triangle** pattern, which is visible by the yellow trendlines. * Recently, the price has **broken out** above the top trendline around ₹6,693. * Prior to this triangle, there was a strong upward move — this often increases the probability of an upward continuation. --- ### 📈 **Volume Analysis**: * Breakout is accompanied by an **increase in volume** (\~0.43M), suggesting strong participation. * The volume profile also shows that current volume is **higher than average** (50-DMA Vol = 0.33M), reinforcing the breakout strength. --- ### 🔍 **Indicators**: * **RSI** is breaking above its downward trendline (\~60 level), which indicates a **momentum shift to the upside**. * Moving averages show short-term EMA (8 & 21) **crossing over** the longer-term averages — supportive of bullish strength. --- ### 🧠 **Key Levels**: * 📈 **Resistance Breakout** around **₹6,693** — next psychological resistance could be around ₹7,200–7,400. * 📉 **Support** lies at **₹6,400** (near breakout level) and then ₹6,000. --- ### 🧮 **EPS & Fundamentals**: * Quarterly EPS (March-2025) at **34.120**, up strongly (223% QoQ, 21.8% YoY), so fundamentals support the move. --- ### ✅ **Summary**: **Amber Enterprises Ltd** is showing a **technical breakout with strong volume** after consolidating in a symmetrical triangle pattern. Momentum looks positive — a **continuation toward the previous swing high (\~₹7,200)** is possible as long as price stays above ₹6,400.
NSE:AMBERLong
by DailyCharts03
Symmetrical Triangle pattern in Torrent Pharma Symmetrical Triangle Breakout Setup Torrent Pharmaceuticals Ltd (TORNTPHARM) Breakout Level: ₹3,300 Stop Loss: ₹3,150 (below triangle support) Target: ₹4,000 (based on height of triangle) Risk:Reward: ~2.8:1 ✅ Technical Confirmation: RSI near 52 — momentum shifting bullish above 55. MACD positive crossover, rising histogram — trend strength improving. Volume: Awaiting breakout candle with above-average volume for confirmation. EFI (Elder Force Index) turning positive — signals potential surge in buying force. 📌 Strategy Insight: A breakout above ₹3,300, backed by volume and momentum, could lead to a sharp trend continuation toward ₹4,000. The symmetrical triangle represents consolidation after trend — a potential bullish continuation pattern.
NSE:TORNTPHARMLong
by Punit190
1
SHAKTIPUMP | Chart Analysis | Symmetrical triangle | Daily--- ### 📊 **Technical Summary:** #### 🔹 **Chart Pattern:** * A **falling wedge** breakout occurred **within a broader rectangular consolidation** (boxed range). * The breakout zone was near **₹907**, and the stock has since surged past the key resistance. #### 🔹 **Breakout Confirmation:** * Price closed at **₹992.10**, sustaining above the breakout. * The wedge breakout followed by a strong bullish candle confirms **upward momentum**. #### 🔹 **Volume Action:** * Noticeable spike in volume during the breakout — indicating **institutional or strong hands entry**. * Volume > 1.91M, which is far above the 50-day average, confirming strength. #### 🔹 **Target Projection:** * Target = Breakout height added to breakout level \= ₹907 + ₹258.95 ≈ **₹1,163** * Marked on chart as **28.64% upside potential** #### 🔹 **Indicators (Right Panel):** * **EMA Trend**: All EMAs (8, 21, 55, 144) are rising — bullish alignment. --- ### 🔍 **Levels to Watch:** | Type | Price (₹) | | ---------------------- | --------- | | **Breakout Level** | 907.00 | | **Current Price** | 992.10 | | **Resistance/Target** | 1,163.00 | | **Support Zone** | 907–925 | | **Volume Spike Price** | \~900–930 | --- ### ✅ **Conclusion:** SHAKTIPUMP is showing a **textbook falling wedge breakout** with heavy volume. The target stands at **₹1,163**, offering a potential **17%+ upside** from current levels. As long as it holds above ₹907–925, the bullish structure remains intact. ---
NSE:SHAKTIPUMPLong
by DailyCharts03
The Silent Power of Wave 4: Why You Shouldn’t Ignore TrianglesMarkets often scream during impulse waves but whisper during corrections. Yet it’s in those quiet phases—especially Wave 4 corrections—that the next big move is born. HERO MOTOCORP’s current price action may just be one of those setups that rewards the patient. Spotting the Triangle in Wave 4 After a strong Wave 3 high at ₹4,454.60, the price began consolidating. Instead of a sharp drop, a sideways grind with overlapping price action began unfolding—classic signs of a triangle possibly forming. So far, the internal structure appears to be evolving as an (A)-(B)-(C)-(D)-(E) formation, although the triangle is not yet confirmed . The final leg (E) is pending, and until a proper breakout with impulsive character occurs, this remains a working hypothesis. The retracement zone between 0.236 (₹4,284.75) and 0.382 (₹4,179.70) of Wave 3 has held price so far. This shallow pullback supports the idea of a triangle, which is typically more time-consuming than other corrective forms. RSI Divergence: A Sign of Weakness There’s also a noticeable RSI divergence in play. While price made a higher high, RSI printed a lower high—a clue that momentum is cooling. This supports the idea that Wave 3 ended and Wave 4 is underway. Momentum cooling during a triangle formation is common, as the market pauses before its next move. Volume Behavior Volume spikes during impulsive waves and contracts during consolidations. HERO’s chart reflects just that—volume expanded strongly during Wave 3 and has dried up during this suspected Wave 4. This aligns well with triangle behavior, where uncertainty reduces participation before the breakout. Invalidation Level and Risk Clarity ₹3,994.10—Wave 1’s top—acts as the invalidation level. If price breaks below this, the current wave structure becomes invalid and must be recounted. As long as this level holds, the bullish bias remains intact. A breakout above the Wave 3 high with conviction could mark the beginning of Wave 5. Since Wave 4 hasn’t completed, potential targets for Wave 5 can only be projected once it ends. Typically, Wave 5 can extend to 1x or 1.618x of Wave 1, measured from the end of Wave 4—once its final low is in place. Final Thoughts Triangles are often ignored. But in Elliott Wave Theory, they are hidden launchpads—silent phases that precede explosive moves. HERO MOTOCORP might be presenting one such opportunity. If the triangular structure completes cleanly and holds key levels, a fresh impulse could be unfolding. Chart will be updated as price action evolves. 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:HEROMOTOCOLong
by WaveXplorer
$NSE:WONDERLA : Triangle Pattern Bullish ViewNSE:WONDERLA WONDERLA HOLIDAYS LTD *Chart Type:* Daily *Date of Analysis:* June 11, 2025 *CMP:* ₹666.30 (+3.30%) *Volume:* 66.9K (Above Average) --- ### *Chart Observations* #### 🔷 *Pattern Formation* * *Symmetrical Triangle* breakout appears in progress. * Price has closed *above triangle resistance* (\~₹665), indicating a potential bullish breakout. * Prior consolidation between *₹600–₹714* has created a solid base. --- #### 📊 *Fibonacci Retracement Levels (From ₹947.40 to ₹600)* * *0.786:* ₹674.35 → *Now testing this level* * *0.618:* ₹732.70 → *Likely next target post breakout* * *0.5:* ₹773.70 → Midway retracement * *0.382:* ₹814.70 → Strong resistance zone * *0.236:* ₹865.40 → Extended target --- ### *Indicators Used* #### ✅ *RSI:* * RSI turning up with a current reading around *55–60*, showing *positive momentum* building. * RSI bounce from neutral zone suggests fresh buying interest. #### ✅ *Volume:* * *Volume spike* on breakout candle confirms strength. * *Volume Run Rate:* 72.6% of avg → Signaling participation --- ### *Moving Averages* * Price has crossed *short-term EMAs* and is heading toward the *200-day MA* (\~₹690–₹700 zone). * Sustained close above 200-DMA will strengthen bullish trend further. --- Key Levels to Watch (WONDERLA) 🔹 Immediate Resistance: ₹674–₹690 ↪️ Testing 0.786 Fibonacci level + 200-DMA zone 🎯 Short-Term Target: ₹732 ↪️ Aligned with 0.618 Fibonacci retracement 🎯 Mid-Term Target: ₹773 ↪️ 0.5 Fib level and psychological resistance 🎯 Extended Targets: ₹814 / ₹865 ↪️ Based on 0.382 and 0.236 Fibonacci retracements 🔻 Support: ₹645 ↪️ Triangle base & recent swing low 🛡️ Major Support Zone: ₹600–₹615 ↪️ Strong historical demand zone & pattern bottom --- 🔔 Trading Strategy Bias: Bullish ✅ Entry on dips above ₹665, maintaining a stop-loss at ₹645 🎯 Initial Target: ₹732 🎯 Next Target: ₹773 🔁 Once breakout is confirmed, trail stop-loss to entry level to lock in gains --- ### ⚠️ * Risks & Disclaimer * * *Markets can be volatile*, and chart patterns may fail. * *Set Stop Losses*, position sizing is critical. * This analysis is for *educational purposes only* and not financial advice. Please consult your financial advisor before investing.
NSE:WONDERLALong
by vkj123
$NSE:SWSOLAR : Triangle Breakout with Volume ConfirmationNSE:SWSOLAR 🧠 CHART OVERVIEW Exchange: NSE Current Price: ₹304 Volume: 7.4M (above avg: 3.11M) Indicators Used in this analyis: EMA (20/50/100/200), RSI (14-day), Volume, Fibonacci Retracement, Support/Resistance, Pivot HL, Symmetrical Triangle Breakout --- 🔍 TECHNICAL ANALYSIS 1️⃣ Breakout & Trend Structure - Symmetrical triangle breakout confirmed with high volume - Strong buying interest (7.4M vs 3.1M avg volume) 2️⃣ Support & Resistance Levels - Support: ₹273.50, ₹244.60 - Resistance: ₹333.00, ₹350.75, ₹390.00–452.75 3️⃣ Fibonacci Retracement Insights - Reversed from ₹220 (1.0 retracement), now approaching ₹350.75 (0.786 Fib) - Key targets: ₹452.75 (0.618 Fib), ₹524.40 (0.5 Fib) 4️⃣ Moving Averages - Price above EMA 20/50/100 but below 200 EMA (₹390.44) - Short-term momentum bullish, long-term trend yet to confirm 5️⃣ RSI & Momentum - RSI: 64.05 – Bullish but near overbought - Momentum picking up, supporting breakout 6️⃣ Volume & Price Action - 137% above avg volume suggests institutional interest - Bullish marubozu candle with no upper wick --- 🎯 PRICE TARGETS (Next 3 Months) - ₹333.00: Short-term resistance - ₹350.75: 78.6% Fib retracement - ₹390.00: 200 EMA & major resistance - ₹452.75: 61.8% Fib breakout zone --- 🛑 STOP LOSS & SCENARIOS - SL: ₹244.60 (conservative), ₹273.50 (moderate) - Bullish: Above ₹312 → Buy dips, trail SL - Neutral: ₹273–333 range → Observe - Bearish: Below ₹273 → Exit, re-enter near ₹244 --- 📢 DISCLAIMER This analysis is for **educational purposes** only. Not investment advice. Markets are volatile; consult a financial expert before making decisions.
NSE:SWSOLARLong
by vkj123
Bullish structure : ADVENZYMES - Ascending Triangle ### 🧾 **Chart Type & Time Frame** * **Daily Candlestick Chart** (1D) * **Exchange**: NSE (India) * **Latest Price**: ₹305.95 (+6.12% on the day) * **Volume**: 726.33K (well above average — **457.83%** Volume Run Rate) --- ### 📉 **Trend Analysis** * **Primary Trend**: Downtrend from ₹517.90 (high in Nov 2024) to a bottom around ₹257.90 (March 2025). * **Current Action**: Price is showing a **potential reversal** from a long downtrend. * **Higher Lows Pattern**: Since the bottom at ₹257.90, price has made: * ₹261.10 → ₹266.00 → ₹273.65 → ₹306.85 → (Now breaking above ₹306.75) This forms an **ascending triangle** pattern (bullish bias). --- ### 📊 **Indicators & Overlays** #### 1. **Moving Averages (EMA)** * EMA levels: * EMA-20: ₹290.07 * EMA-50: ₹292.01 * EMA-100: ₹310.17 * EMA-200: ₹337.89 **Current price (₹305.95)** is: * Above EMA-20 & EMA-50 → Short-term bullish * Slightly below EMA-100 and EMA-200 → Mid-to-long term resistance still ahead If it breaks and sustains above EMA-100 & EMA-200, stronger uptrend confirmation. --- #### 2. **Fibonacci Retracement (from ₹571 to ₹258)** * **Key levels:** * 23.6% → ₹497.15 * 38.2% → ₹451.45 * 50% → ₹414.55 * 61.8% → ₹377.65 * 78.6% → ₹325.05 *(Immediate target zone)* **Price approaching 78.6% retracement (₹325.05)**, which is a key resistance zone. A breakout here can push prices towards ₹337-₹350 zone. --- #### 3. **RSI (14, Close)** * Current RSI: **\~62.90** * Moving above the 60 level, indicating building bullish momentum. * Still not overbought (>70), room for upward move exists. --- #### 4. **Volume** * Spike in volume on the breakout day → Strong confirmation. * Today's volume: **726.33K** vs average 163.81K → Over **4x average**. --- ### 📌 **Support & Resistance Levels** #### Key Resistance: * ₹306.85 (recent swing high) → **Broken today** * ₹325.05 (Fibo 78.6%) * ₹337.89 (EMA-200) * ₹350–365 (previous price clusters) #### Key Support: * ₹293–296 (previous resistance, now support) * ₹273.65 (swing low) * ₹258 (Fibo 100% level) --- ### 🔺 **Pattern Observed** * **Ascending Triangle** breakout confirmed with high volume * Bullish structure: Higher lows with flat resistance (₹306 zone) * If price sustains above ₹306, could target ₹325–₹350 short term --- ### 🔮 **Conclusion & View** ✅ **Bullish Bias in Short Term** * Breakout of important level with strong volume * RSI supportive * EMA crossovers may follow if trend continues 📈 **Short-Term Target**: ₹325 → ₹337 → ₹350 📉 **Stop Loss**: ₹293 or ₹280 (based on risk appetite) 📌 Disclaimer: This analysis is for educational and informational purposes only and does not constitute investment advice. Please do your own research or consult with a financial advisor before making any trading decisions. Markets are subject to risks.
NSE:ADVENZYMESLong
by vkj123
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