SFL: Technical Setup – Can Bulls Take Charge Above ₹726?________________________________________________________________________________
📈 Sheela Foam Ltd. (SFL) – TECHNICAL ANALYSIS
📆 Date: June 17, 2025
🕵️♂️ Timeframe: Daily
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📌 Price Action Analysis – June 17, 2025
Sheela Foam Ltd (SFL) has shown a strong bullish reversal after prolonged selling pressure. The stock rebounded sharply from the discount demand zone near ₹618.75, forming a strong bullish candle on high volume and closing at ₹706.95 — a 5.96% surge in a single session. This price action indicates that buyers have stepped in with force at key support levels, attempting to reverse the previous downtrend.
With price now reclaiming structure above previous lower highs (LH), the change of character is visible. A strong bullish close above ₹713 will add confidence to this developing uptrend.
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📌 Volume Analysis & Market Implication
• Volume surged dramatically to 772.93K, well above the 10 and 20-period moving averages.
• High volume accompanied by a strong candle is a clear sign of institutional buying and aggressive accumulation.
• The large green bar with a narrow wick suggests sustained buyer control throughout the session.
• Volume-based confirmation supports the potential beginning of a trend reversal from bearish to bullish.
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📌 Technical Indicators – Bullish Signals in Focus
• ✅ Strong Bullish Candle: Sign of momentum reversal.
• ✅ RSI Breakout: RSI reading at 69 (Daily) shows entry into bullish territory.
• ✅ Bullish SuperTrend Signal: Indicates a switch to positive bias.
• ❌ Volume Dry-Up: Not Yet: But overall contraction count (37) hints at base building.
• ❌ Breakout Signal: Pending: Still under the critical 726–745 zone.
• ✅ CCI + MACD Bullish (D/W): Early confirmation of upward momentum.
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📌 VCP Dashboard & Pattern Setup – Breakout in Formation
SFL has shown Volume Contraction (VCP) signs with 37 recorded contractions.
Although volume dry-up and confirmed breakout signals are still pending, the recent spike with a bullish candle + RSI breakout and BB Squeeze Off shows that momentum is shifting.
Watch closely for a breakout above the Resistance 1: ₹726.28 — this may confirm a full VCP breakout.
________________________________________________________________________________
📌 Key Swing Low – Bullish Reversal From ₹618.75
The strong bullish move has emerged from a well-tested demand zone near ₹618–622, aligning with a swing low and multiple volume-supported bounces in the past. This zone reflects strong buyer interest and may continue to serve as a base for further upside.
________________________________________________________________________________
📌 Key Resistance Zones Ahead
To sustain the uptrend, price must cross and hold above the following levels:
• 🔺 Resistance 1 – ₹726.28: Immediate level to watch for a breakout
• 🔺 Resistance 2 – ₹745.62: Mid-level hurdle
• 🔺 Resistance 3 – ₹778.23: Major barrier; potential profit-booking zone
________________________________________________________________________________
📌 Key Support Zones (Should Hold to Sustain Trend)
• 🟢 Support 1 – ₹674.33: Nearest pullback support
• 🟢 Support 2 – ₹641.72: Below this could weaken the structure
• 🟢 Support 3 – ₹622.38: Demand zone – trend invalidation below here
________________________________________________________________________________
📌 Swing High & Supply Zone – ₹1,058.7
• This level marks the premium supply zone where the stock last topped out.
• A breakout beyond this zone would indicate long-term reversal strength, but in the near term, it remains a distant resistance.
________________________________________________________________________________
📌 STWP Trade Details – Confidence Level: 88.35%
• Entry Price: ₹713.00
• Stop Loss: ₹659.85
• Risk per Share: ₹53.15
• Loss: ₹2,658 for Qty 50
• Setup: Strong Bullish Candle, High Volume, RSI Breakout
• Trade Type: Potential VCP Breakout with Strong Momentum
📈 Risk Reward (Potential): If breakout sustains, RR can extend beyond 1:2+
________________________________________________________________________________
📌 What Could Go Wrong? (Risk Perspective)
• Failure to hold ₹674 on closing basis may invite profit-booking.
• Breakdown below ₹641–622 zone would nullify the bullish thesis.
• Absence of volume dry-up may slow down the breakout confirmation.
As long as price sustains above ₹706 and continues building volume near ₹726+, bullish structure remains valid.
________________________________________________________________________________
📌 What to Expect Next?
• Break above ₹726.28 would confirm breakout from recent consolidation.
• Upside target zones are ₹745 → ₹778 in short term.
• If consolidation happens below ₹726 but above ₹674, it may offer re-entry for positional players.
________________________________________________________________________________
📌 Final Words for Learners
This setup reflects a textbook example of a VCP Base forming with a possible breakout ahead.
Strong demand zone rejection + volume spike + technical confirmation = early-stage opportunity.
But remember: no setup is guaranteed — manage your risk smartly, define your exit, and follow your plan.
⚠️ Patience and discipline are key to riding the full wave.
________________________________________________________________________________
📌 Disclaimer
• Educational content only — not a buy/sell recommendation.
• Do your own research and consult a SEBI-registered advisor.
• Author is not SEBI-registered; trades are illustrative only.
• Trading and investing involve risk.
________________________________________________________________________________
👇 Your Take on SFL?
• Will Sheela Foam break out above ₹726 or consolidate further?
• What levels are you watching? Share your charts and thoughts below!
________________________________________________________________________________
🚀 Found this helpful? Smash that 🔼 Boost!
Let’s grow together and make smart trades with clarity and confidence.
🧠 Trade with Patience. Trade with Confidence.
🔔 Follow simpletradewithpatience for more insights & breakout updates!
________________________________________________________________________________
Vcppattern
NOVAAGRINOVAAGRI giving classical VCP breakout. Recently given 2 times flag pattern breakout with high volume. And then again consolidation with dried volume. Today again formed a pole of flag with decent volume. Now as long as it is closing above resistance line which is around 51 then I think its good accumulation zone. Up side its open for large space! Track it closely.
RKF Massive Breakout After 6-Month Consolidation.NSE:RKFORGE Hidden Auto Component Gem Ready for Massive Breakout After 6-Month Consolidation, after Breaking out Today With King Candle and Volumes.
Price Action:
- Current Price: ₹656.75 (+9.37% gain)
- Trading Range: ₹553.00 - ₹1,020.00
- Market Cap Category: Mid-cap stock with decent liquidity
- Chart Pattern: Extended consolidation phase with recent breakout attempt
Support and Resistance Levels
- Primary Resistance: ₹760-780 zone (red horizontal line)
- Secondary Resistance: ₹1,020 (previous high)
- Immediate Support: ₹620-640 zone
- Major Support: ₹553-580 zone (green horizontal rectangle)
- Critical Support: ₹553 (52-week low)
Base Formation:
- Base Type: Rectangle/Sideways consolidation base
- Duration: Approximately 6 months (January 2025 to June 2025)
- Base Depth: ~45% correction from highs
- Base Quality: Tight consolidation with reduced volatility
- Breakout Characteristics: Recent volume spike suggests potential base completion
Technical Patterns:
- Rectangle Pattern: Clear horizontal support and resistance boundaries
- Volume Accumulation: Declining volume during consolidation, spike on recent move
- Flag Formation: Potential bull flag pattern forming at current levels
- Double Bottom: Possible formation around ₹553-580 support zone
Volume Spread Analysis
- Volume Characteristics: 21.57M shares traded (above average)
- Volume Pattern: Higher volume on up days, lower on down days
- *Accumulation Signs: Volume spike coinciding with price breakout attempt
- Volume Confirmation: Recent breakout supported by increased participation
Trade Setup:
Entry Strategy:
- Primary Entry: ₹650-665 (current levels on pullback)
- Aggressive Entry: ₹680-690 (on breakout above resistance)
- Conservative Entry: ₹620-630 (on retest of support)
Exit Levels:
- Target 1: ₹750-760 (15% upside)
- Target 2: ₹850-880 (30% upside)
- Target 3: ₹980-1,000 (50% upside)
Stop Loss Levels:
- Tight Stop: ₹620 (5% risk)
- Swing Stop: ₹580 (12% risk)
- Position Stop: ₹550 (16% risk)
Position Sizing:
- Conservative Allocation: 2-3% of portfolio
- Moderate Allocation: 4-5% of portfolio
- Aggressive Allocation: 6-8% of portfolio (for risk-tolerant investors)
Risk Management:
- Risk-Reward Ratio: Minimum 1:2 for all entries
- Portfolio Risk: Maximum 2% portfolio risk per position
- Position Monitoring: Weekly review of technical levels
- Profit Booking: 25% at Target 1, 50% at Target 2, remainder at Target 3
Sectoral Backdrop:
Auto Components Sector Overview
- Sector Performance: Recovery phase post-COVID disruptions
- Growth Drivers: EV transition, export opportunities, aftermarket demand
- Challenges: Raw material inflation, supply chain disruptions
- Government Support: PLI schemes, Make in India initiatives
Forging Industry Dynamics
- Market Position: Specialised manufacturing with high entry barriers
- Demand Drivers: Commercial vehicle recovery, export growth
- Competitive Advantage: Technical expertise, established client relationships
- Cyclical Nature: Linked to auto industry cycles and capex spending
Fundamental Backdrop
Company Overview
- Business Model: Automotive forging components manufacturer
- Key Clients: Major OEMs in domestic and international markets
- Product Portfolio: Crankshafts, connecting rods, front axle beams
- Manufacturing Facilities: Multiple locations with modern equipment
Financial Health Indicators
- Revenue Growth: Recovery trajectory expected post-consolidation
- Margin Profile: Improving operational efficiency
- Debt Levels: Manageable debt-to-equity ratios
- Cash Flow: Positive operating cash flow generation
Growth Catalysts
- Export Expansion: Increasing share in global supply chains
- Product Diversification: Entry into new automotive segments
- Technology Upgrades: Investment in advanced manufacturing
- Market Recovery: Commercial vehicle segment revival
Risk Factors
- Cyclical Demand: Vulnerability to auto industry downturns
- Raw Material Costs: Steel price volatility impact
- Competition: Pressure from low-cost manufacturers
- Regulatory Changes: Environmental and safety compliance costs
My Take:
NSE:RKFORGE presents a compelling technical setup after a prolonged consolidation phase. The stock appears to be breaking out from a well-defined base with strong volume support. The risk-reward profile is attractive for medium-term investors, with clear support and resistance levels providing good trade management opportunities. However, investors should remain mindful of the cyclical nature of the auto components sector and size positions accordingly.
Keep in the Watchlist.
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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.
Concordbio: Flag Bo and VCP Setup after 6.5% Surge today.NSE:CONCORDBIO Hidden Pharma Gem Shows Classic VCP Setup After 6.5% Surge - Is Another Breakout Brewing? Well, the Structure looks beautiful, and the Results are tomorrow.
Technical Overview:
NSE:CONCORDBIO presents a compelling technical setup following a dramatic transformation from a prolonged consolidation phase to explosive momentum. The stock has exhibited textbook volatility contraction pattern (VCP) characteristics, culminating in what appears to be a flag breakout formation.
Price Action Analysis:
The stock experienced a significant markup phase from August to October 2024, surging from around ₹1,750 to peak levels near ₹2,664, representing approximately 52% gains. This initial thrust established new 52-week highs and demonstrated strong institutional accumulation based on the volume surge during the breakout phase.
Following this parabolic move, the stock entered a healthy consolidation phase from November 2024 through May 2025, forming a classic flag pattern. During this 6-month consolidation, the stock contracted its volatility significantly, with price action tightening between ₹2,400 resistance and ₹1,900 support levels.
Volume Analysis:
The volume pattern supports the technical setup:
- High volume during initial breakout phase (August-September 2024)
- Declining volume during consolidation (healthy distribution)
- Recent volume pickup suggests smart money accumulation
- Volume at support levels shows buying interest
Volatility Contraction Pattern (VCP) Confirmation
The chart clearly displays VCP characteristics:
- Initial strong uptrend with high volume (August-October 2024)
- Subsequent consolidation with contracting volatility and declining volume
- Multiple pullbacks of decreasing magnitude (typical VCP trait)
- Volume drying up during the consolidation phase, indicating a lack of selling pressure
- Recent volume expansion suggests renewed institutional interest
Key Technical Levels:
Support Levels:
- Primary Support: ₹1,531 (recent swing low)
- Secondary Support: ₹1,450-1,500 (psychological level and previous resistance turned support)
- Critical Support: ₹1,345 (absolute low, breach would invalidate bullish structure)
Resistance Levels:
- Immediate Resistance: ₹1,750-1,800 (flag upper boundary)
- Major Resistance: ₹2,400-2,451 (previous consolidation highs)
- Ultimate Target: ₹2,664 (52-week high)
Base Formation Analysis:
The stock has constructed a robust 6-month flag base following the initial breakout. This base formation shows:
- Tight price action with lower volatility
- Volume contraction during consolidation (healthy sign)
- Multiple retests of support levels without breakdown
- Ascending lows pattern within the flag structure
Trade Setup and Entry Strategy:
Pattern: Flag breakout from VCP base
Entry Zone: ₹1,650-1,680 (on breakout above flag resistance with volume)
Confirmation: Daily close above ₹1,700 with 2x average volume
Stop Loss: ₹1,500 (below key support and flag low)
Risk-Reward Ratio: Approximately 1:2.5
Target Levels:
- Target 1: ₹1,900 (measured move from flag pole)
- Target 2: ₹2,100 (intermediate resistance)
- Target 3: ₹2,400-2,450 (major resistance zone)
Position Sizing: Risk 1-2% of portfolio capital given the stop loss distance
Sectoral and Fundamental Backdrop:
NSE:CONCORDBIO operates in the pharmaceutical fermentation and biotechnology space, specialising in complex fermentation-based APIs and biosimilars. The sector has been experiencing renewed interest due to:
- India's growing prominence in global pharmaceutical supply chains
- Increasing focus on biosimilars and complex generics
- Government initiatives supporting domestic pharmaceutical manufacturing
- Rising healthcare expenditure and demand for specialised medicines
The company's fundamentals appear supportive of the technical breakout, with the fermentation and biotech segments showing strong growth potential in the post-pandemic environment.
Risk Factors:
- Broader market volatility could impact individual stock performance
- Pharmaceutical sector faces regulatory risks and pricing pressures
- Global economic uncertainties affecting export-dependent companies
- Technical failure below ₹1,500 would invalidate the bullish thesis
My Take:
NSE:CONCORDBIO presents a high-probability technical setup combining VCP pattern characteristics with flag breakout potential. The 6-month consolidation has allowed the stock to digest previous gains while building energy for the next leg higher. Current price action near key support levels offers an attractive risk-reward opportunity for momentum traders and swing investors.
The combination of strong sectoral tailwinds, solid base formation, and classic technical patterns makes this an interesting candidate for breakout traders willing to accept moderate risk for potentially substantial rewards.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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👍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.
MANBA : Momentum stock (swing pick)#MANBA #breakoutstock #vcppattern #parallelchannelbreakout #momentumstock
MANBA : Swing Trade
>> Parallel Channel Breakout
>> VCP pattern formation
>> Trending Stock
>> Breakout Candidate
>> Good Strength & Volumes Dried up
Swing Traders can lock profit at 10% & keep trailing.
Disclaimer : Stock Charts shared are for Learning Purpose and not a Trade recommendation. Consult a SEBI Registered Advisor before taking position in it.
Even Technical Analysis is not 100%, so I reserve the Right to be wrong.
HDFC LIFE – VCP Breakout Setup | ATH ZoneHDFC LIFE – VCP Breakout Attempt | ATH Test After 44 Months
📈 Structure: Volatility Contraction Pattern (VCP)
📦 Base: Tight consolidation zone (rectangle)
📊 Trend: Higher Highs & Higher Lows
🟢 Volume: Gradually picking up
💥 Last Session: Wide range bullish candle
🔝 ATH Zone: Testing Sep 2021 high (44-month range)
📌 Price Action: Trading above Key DMAs
The stock formed a clean VCP structure with tight contractions and shallow pullbacks. It broke out from its recent base and is now testing the all-time high from Sep 2021, making this a high-stakes breakout watch.
Currently, it’s forming a breakout setup with entry above the previous day’s close — ideally confirming with more volume above ₹790.
📍 Trade Plan
Entry: 781.85
Stop Loss (Close Basis): 690.15
Target 1: 875.95
Target 2: 963.15
📊 Risk & Reward
Risk: 11.75%
Target 1: 12.02%
Target 2: 23.18%
RR to T1: 1 : 1.02
RR to T2: 1 : 1.97
⚠️ Risk Management Notes
Even though the structure is clean and momentum is building, risk remains high as the stock is trading at ATH levels — a zone where volatility can spike.
Always remember:
Protect capital first — never let a single trade ruin your portfolio
If it fails to hold above the breakout zone, pullbacks can be sharp
Don’t ignore market breadth and macro sentiment
Trade only with proper position sizing and SL discipline. If the breakout sustains with strength, this could enter a strong trend — but risk-reward must justify the trade.
📌 This is not a buy/sell recommendation. Just a technical view for educational purposes.
#FORTIS - VCP BreakOut in Daily Time Frame📊 Script: FORTIS
Key highlights: 💡⚡
📈 VCP BreakOut in Daily Time Frame.
📈 Price consolidated near Resistance.
📈 Volume spike seen
📈 MACD Crossover
📈 Can go for a swing trade
BUY ONLY ABOVE 728 DCB
⏱️ C.M.P 📑💰- 722
🟢 Target 🎯🏆 – 16%
⚠️ Stoploss ☠️🚫 – 8%
️⚠️ Important: Market conditions are Okish, Position size 50% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
SARDAEN - Breakout WatchlistWhy This Stock?
✅ Base Breakout – Breaking above ₹526.2 with strong volume confirmation (4-5x past trading sessions).
✅ Trading Above Key DMAs – Strong price structure with good RSI.
✅ No Left-Side Resistance – Clean chart structure with potential for an uptrend.
✅ Formation of W Pattern + VCP – Classic bullish continuation setup.
✅ Resisted Market Fall – Showcasing relative strength despite overall weakness.
Safe traders wait for a weekly close above the break-out level ₹526.2.
Key Levels
📌 Entry: ₹538.50
📌 SL (Closing Basis): ₹423.10
📌 Breakout Level: ₹526.2
Fundamentals (Key Metrics)
Market Cap: ₹18,979 Cr.
Stock P/E: 27.9
ROCE: 15.3%
ROE: 14.1%
Sales Growth (YoY): Improving
OPM % YoY Improving
EPS YoY: Improving.
What Could Go Wrong?
⚠️ Overall Market Trend is Bearish – Any weakness in broader indices can drag the stock down.
⚠️ Sectoral Index is Weak – Lack of sectoral strength may limit upside potential.
⚠️ High SL Probability – Strong pullbacks can invalidate the breakout; hence, buy test quantities only.
⚠️ Deep SL
Why This is Worth Watching?
📈 Stocks that Fell Less in Correction – Often become early movers when the market stabilizes.
📈 Volume Picking Up – A good sign that institutional interest might be present.
🚨 Disclaimer: This is not a trade recommendation but a watchlist alert. Do your own research before making any trading decisions. 🚨
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.
Piramal Enterprises| VCP traits | Breakout on volume📈 PEL | Piramal Enterprises Ltd
Multi-month base | VCP traits | Breakout on volume watch
🔍 Technical Highlights:
Volume spurt: 5x relative to recent sessions – clear institutional interest 🧠
Bullish engulfing candle on 7 May 2025, signaling a strong reversal attempt
Closed above 200 DMA, trading above 50 DMA, and just above 30 WMA – early signs of trend re-alignment
Price is forming a VCP-like structure within a Stage 1 base
Breakout is aligning with a Higher High–Higher Low (HH–HL) structure
Took support at a rising trendline that’s been respected since April 2023
⚠️ Key Risk Considerations:
Fundamentals are weak – poor ROE & ROCE, and RSI is unimpressive
Broader market is not supportive — Nifty 500 is still below 200 DMA
This may be an early breakout attempt — confirmation is everything
No clean follow-up yet post breakout day – wait for continuation
🧭 Why Watch This?
Despite fundamental weaknesses, technicals are improving rapidly:
Volume is stepping up
Price is testing long-term moving averages
Structure is getting tighter (VCP traits visible)
A clean breakout and follow-through above ₹1,075–₹1,140 could unlock Stage 2 potential
🎯 Trade Levels:
Entry: Above ₹1,075.6 (confirmation required)
SL (Closing Basis): ₹895.2
Positional Target 1: ₹1,276
Positional Target 2: ₹1,658
ATH Review Zone: ₹1,761
💰 Risk–Reward
Risk = ₹1,075.6 – ₹895.2 = ₹180.4
Reward to T1 = ₹1,276 – ₹1,075.6 = ₹200.4 → R:R = 1 : 1.11
Reward to T2 = ₹1,658 – ₹1,075.6 = ₹582.4 → R:R = 1 : 3.23
🛡️ Trader's Note
Position sizing is not optional — it's your only protection.
This is a setup driven by volume, structure, and levels — not by fundamentals.
If this breakout holds, momentum traders may pile in — but don’t front-run it blindly.
📌 Quarterly results are around the corner — trade with caution as earnings volatility can invalidate technicals.
📌 If price reaches ATH, review for new risk-reward alignment and partial booking.
📜 Disclaimer: This is a technical perspective, not investment advice. For educational purposes only. Trade safe, trade smart.
ICICI Bank-Aiming for Double Bottom Breakout?ICICI Bank – Technical Analysis & Trade Plan
📈 Trend Analysis:
Stock is in a strong uptrend with a higher high, higher low (HH-HL) structure intact.
Consolidating since September 2024, forming a base.
Double bottom formation visible, with a potential VCP (Volatility Contraction Pattern) at play.
Trading above key DMAs, confirming strength.
Sectoral strength: Finance & banking showing momentum and could lead the next market move.
📊 Market Context:
Broader market is showing slight improvement but still in a lower low, lower high (LL-LH) structure.
Index closed above 50 DMA, gaining some momentum, but another round of correction cannot be ruled out.
The main reason for selecting this stock is strong sector movement.
🔍 Trade Plan:
✅ Entry: Above ₹1,328
🚨 Immediate Resistance: ₹1,363
📌 Add more: If ₹1,363 is broken with strong volume
🎯 Positional Target: ₹1,555
❌ Stop Loss (SL - Closing Basis): ₹1,180.45
📉 Risk & Reward Calculation:
Risk (SL to Entry): ₹1,328 - ₹1,180.45 = ₹147.55 (~ 11.11% downside risk)
Reward (Entry to Target): ₹1,555 - ₹1,328 = ₹227 (~ 17.1% upside reward)
Risk-to-Reward Ratio (R:R): 1:1.54 (Moderate reward vs. risk)
⚠️ Risk Considerations:
Overall market still in LL-LH structure → Could just be a pullback within a broader downtrend.
Position Sizing Key:
Consider entering only 30% of the usual position size.
Gradual accumulation near ATH (All-Time High) levels is a wise approach.
📢 Disclaimer: This is not financial advice. Trading involves risk, and past performance does not guarantee future results. Always do your own research and use proper risk management .
Mazagon Dock| VCP & Double Bottom – Watch for a Breakout!Mazagon Dock ⚓ | VCP & Double Bottom – Watch for a Breakout! 🚀
Mazagon Dock (MAZDOCK) is forming a Volatility Contraction Pattern (VCP) + Double Bottom on the weekly chart. A potential breakout is in play.
📌 Entry: Above 2671 (preferably on a daily close).
📌 Immediate Resistance: 2966 (All-Time High). Watch price action at this level. A strong breakout with volume could signal further upside.
📌 Stop-Loss: 2201 (Daily close). ⚠️ SL is deep (~17.6%), so position sizing is critical.
Trading Strategy & Risk Management 🛡️
🔹Breakout Entry: Small position above 2671 with a tight SL for safety.
🔹Retest Strategy: If a breakout occurs, watch for a retest of 2671 as support.
🔹Volume Confirmation: A strong breakout with volume can signal continuation.
🔹Risk Factor: Already up 1600%+ from lower levels, so profit booking pressure is expected.
🔹 The Broader Market is not in a safe territory yet – gradual accumulation is advised.
🔹 Wait for a clean breakout → Start with a small position.
🔹 Market conditions matter – If the market weakens, even strong setups can fail.
Stock Behavior & Market Context 📈
Mazagon Dock has a history of breakout-consolidation-breakout moves. It has already surged 1600%+, making risk management essential. Many investors are sitting on heavy profits, so expect volatility.
🚢 Defense & Shipbuilding Outlook:
India is heavily investing in defense manufacturing, with Make in India boosting the sector. The naval expansion plans and growing demand for warships & submarines could provide strong tailwinds for MAZDOCK in the long run. Government contracts & global interest could further fuel its growth.
Final Thoughts
2025 is shaping up to be a year where risk management will be key. Early entries help reduce risk, but sticking to the stop-loss is non-negotiable. Keep this on your radar and trade light!
This setup has high potential but requires discipline. Position sizing and SL adherence are key due to the deep stop loss. If the market remains bullish, MAZDOCK could see a multi-month breakout.
🔥 Will history repeat? Can MAZDOCK deliver another breakout rally? Let’s see!
TATACONSUM – Cup & Handle Breakout | VCP Formation🔍 Technical Overview:
The stock has broken out of a classic Cup & Handle pattern.
Early bird entry was around ₹1143.45.
Currently trading near the 1-year ATH resistance at ₹1253.85.
A Volume Contraction Pattern (VCP) might be playing out, with visible contractions and tight price action in the handle.
Strong volume spikes seen during recent upmoves—indicating institutional interest.
📊 Price Levels:
📍 Entry Zone: ₹1143.45 – CMP
📍 Resistance to watch: ₹1253.85 – Breakout above this with volume can propel the stock higher.
📉 Stop Loss: ₹993.50 (on closing basis)
✅ Trading well above key DMAs (50, 100, and 200)
🌐 Market Context:
While Nifty is holding above its 50 & 200 DMA, the Nifty 500 index is still below the 200 DMA, indicating broader market caution.
Expect volatility and shakeouts in the near term.
Market breadth is improving but risk management remains crucial.
⚠️ Risk Note: The current setup is promising, but given the broader market's fragile structure, strict SL adherence and position sizing is key.
How to Find High-Performing SectorsIn this video, I’ll show you how to identify strong-performing stocks in a sectors before they take off — using breakout setups .
You’ll learn: ✅ How to scan sectors for strength using simple visual cues
✅ How to apply the breakout to sector-level charts
✅ Real examples of sector breakouts and what to watch next
✅ How to align your trades with sector momentum for better results
If you're serious about trading breakouts with an edge, mastering sector selection is a game-changer.
📈 Don’t forget to like, boost, comment, and subscribe for more practical trading content!
Identifying Winning Sectors Before the Big MoveIn this video, we dive deep into how to identify winning sectors before they make their big moves—with a real-world case study on the EMS (Electronic Manufacturing Services) sector.
You'll learn:
How to spot early signs of sector strength using price action and volume.
Why the EMS sector is showing promising signs based on recent market behavior.
Whether you're a swing trader, positional investor, or just looking to sharpen your edge—this video will equip you with actionable insights to stay ahead of the curve.
⚠️ Important: Market conditions are getting better, Position size 20% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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#AVANTIFEED - Multi Year Breakout Candidate📊 Script: AVANTIFEED
Key highlights: 💡⚡
📈Multi Year Breakout
📈 VCP in Weekly Time Frame
📈 BO with Volume in Daily Time Frame
📈 MACD gave a Bounce
📈 Price consolidated for 6 Years
📈 One can go for Swing Trade
⚠️ Over All Market condition is bad, Practice paper trading
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE 800 DCB
⏱️ C.M.P 📑💰- 786
🟢 Target 🎯🏆 – 30%
⚠️ Stoploss ☠️🚫 – 15%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅#Boost, #Like & #Follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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#KSCL - VCP BO in DTF📊 Script: KSCL
Key highlights: 💡⚡
📈 VCP in DTF
📈 BO with Volume
📈 MACD gave a Bounce
📈 Price consolidated for 140Days
📈 One can go for Swing Trade
⚠️ Over All Market condition is bad, Practice paper trading
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE 1036 DCB
⏱️ C.M.P 📑💰- 1036
🟢 Target 🎯🏆 – 16%
⚠️ Stoploss ☠️🚫 - 8%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅#Boost, #Like & #Follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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PG ELECTROPLAST LTD (NSE: PGEL):Double Bottom & CNH📈 PG ELECTROPLAST LTD (NSE: PGEL) – Trade Setup & Analysis
🔹 Trend: Stock is in an uptrend, previously a cycle winner. Corrected significantly in the recent market fall but is now recovering and trading close to ATH.
🔹 Technical Highlights:
Trading above key DMAs ✅
Double bottom, VCP, and CNH formation (not textbook-perfect but forming)
Volume missing but RSI improving 📈
Price action near ATH to watch – a high-volume breakout could signal a strong move.
🔹 Key Levels:
Entry: ₹925.70
SL (Closing Basis): ₹705.25 🛑
ATH Resistance: ₹1,053.80
🔹 Market Structure:
LL-LH trend in the broader market, so caution advised ⚠️
Gradual accumulation suggested, wait for confirmation on breakout with volume.
Breakouts are prone to failure in weak markets – risk management is key.
🔹 Fundamentals:
Market Cap: ₹26,226 Cr
Stock P/E: 124 (High Valuation ⚠️)
Book Value: ₹40.5
Dividend Yield: 0.02%
ROCE: 18.7% | ROE: 18.9% ✅
Sales Improving YoY but OPM% needs improvement
EPS Improving, Profits Rising ✅
📌 Final Thoughts:
Monitor price action near ATH – strong volume breakout = potential buy.
Weak market structure means all setups carry a higher failure risk.
Company fundamentals are decent, but valuations are stretched.
🔍 Do your own research before committing capital. This is a potential mover but needs confirmation!
SENORES : Breakout Candidate#SENORES #breakoutsoon #swingtrade #vcppattern #vcpbreakout
SENORES : Swing Trade / Momentum trade
>> wait for Retracement till black line
>> Volumes and Strength Building up
>> Beautiful VCP pattern
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep Trailing
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Note : Markets are still Tricky and can go either ways so don't be over aggressive while choosing & planning your Trades, Calculate your Position sizing as per the Risk Reward you see and most importantly don't go all in
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
#MANAPPURAM - Potential BO / Keep in Radar/ March25📊 Script: MANAPPURAM
Key highlights: 💡⚡
📈 VCP formation in Daily chart.
📈 Price gave a good up move and went into consolidation.
📈 Wait for Volume spike on Breakout.
📈 Wait for BO with Volume
📈 One can go for Swing Trade.
BUY ONLY ABOVE 215 DCB
⏱️ C.M.P 📑💰- 206
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
️⚠️ Important: Market conditions are not great, Paper Trade Only. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂