HGS - Rising Wedge Breakout on Volume Spike | Daily Chart📊 HGS – Rising Wedge Breakout on Volume Spike | RSI Above 70 | Fresh Bullish Momentum
📅 Chart Date: July 17, 2025
📍 CMP: ₹613.70 (+10.72%)
📈 Symbol: NSE:HGS | 1D Timeframe
🔍 Technical Analysis Breakdown
🔺 Rising Wedge Breakout
Price broke above the upper resistance of a rising wedge pattern.
Strong confirmation with a wide bullish candle and volume spike.
📊 Volume Surge
Volume: 1.17M against average volume of ~78K
Sudden institutional interest or news-based momentum likely behind the move.
📉 RSI (14, close): 73.03
RSI crossed into overbought territory, showing strong bullish momentum but could warrant caution or consolidation soon.
📌 Support & Resistance Levels
Breakout Zone: ₹580–₹590
Next Resistance: ₹650+ (gap-fill zone from earlier breakdown)
Support: ₹560 (upper trendline of broken wedge)
📌 Key Observations
First strong breakout since months of sideways to bullish accumulation.
Sustained close above ₹590–₹600 will confirm continuation.
Caution if price retraces inside wedge again.
🏁 Trade Setup
Entry: On Retest of ₹590–₹600
Target: ₹650 / ₹675
Stoploss: Below ₹560
Risk Level: Moderate (due to overbought RSI)
⚠️ Disclaimer: This is an educational chart setup and not trading advice. Please conduct your own research and risk management.
📣 Follow @PriceAction_Pulse for more such clean breakouts and chart pattern analysis!
🔁 Drop a comment if HGS is on your radar for the next breakout rally 📈
VOLUMEBREAKOUT
NAZARA TECHNOLOGIES LTD | Monthly Chart Breakout📊 NAZARA TECHNOLOGIES LTD (NSE: NAZARA) | Monthly Chart Breakout
📅 Date: June 1, 2025
📈 CMP: ₹1,295.10 (+28.04%)
📌 Ticker: NSE:NAZARA
📉 Chart Pattern Insight
🔥 Cup & Handle + Falling Wedge Breakout
Nazara Tech has broken out of a strong Cup & Handle pattern, reinforced by a Falling Wedge breakout — a powerful confluence suggesting a major trend reversal.
🎯 Breakout is confirmed with high volume and a clean monthly candle close above key resistances.
📐 Fibonacci Retracement Levels (From High ₹1678 to Low ₹477)
🔸 38.2% – ₹935.85 (was resistance, now flipped to support)
🔸 50% – ₹1,077.55
🔸 61.8% – ₹1,219.25 (just surpassed – strong bullish confirmation)
🧭 100% – ₹1,678 (All-Time High)
📊 Indicator: RSI + Moving Average Cross (Icon shown)
🔍 RSI is at 71.63 and rising sharply, indicating strong momentum
🔺 RSI crossover above MA confirms bullish strength and trend continuation
🧱 Volume Spike
📈 Volume this month is multi-month high, validating the breakout
🔑 Key Levels
Support: ₹935 (prior resistance, now retest zone)
Immediate Resistance: ₹1,300 (psychological), ₹1,400
Target Zones:
Short-Term: ₹1,450
Medium-Term: ₹1,600+
Long-Term: Retest of All-Time High ₹1,678+
🛡️ SL: ₹935 (monthly close basis)
📌 Trading Plan
Entry: Pullback near ₹1,220–₹1,250 or breakout retest
SL: ₹935 (below 38.2%)
Target: ₹1,450 / ₹1,600+
Time Frame: Positional – Multi-week to multi-month
⚠️ Disclaimer
This analysis is for educational purposes only. Please do your own research or consult a SEBI-registered advisor before investing.
TFCILTD - Massive Cup & Handle Breakout | Daily Chart📊 TFCILTD – Massive Cup & Handle Breakout | Fib 100% Retest | RSI Overbought | Volume Surge | Daily Chart
📅 Chart Date: July 6, 2025
📍 CMP: ₹262.65 (+8.48%)
📈 Symbol: NSE:TFCILTD
🔍 Technical Analysis Summary
☕ Cup & Handle Pattern Breakout
Price broke out above the Cup & Handle neckline near ₹258.50 and hit the Fibonacci 100% extension at ₹262.65.
Clean rounding bottom formation visible, followed by bullish handle and sharp breakout.
📐 Fibonacci Retracement (from swing low ₹93.85 to high ₹262.65)
50.00% – ₹177.02
61.80% – ₹196.65
✅ 100.00% – ₹262.65 (just achieved!)
📈 RSI Indicator (14)
RSI at 78.02, clearly in overbought territory – indicating momentum strength, but a minor pullback is likely.
RSI consistently above 70 for the past few sessions reflects strong trend continuation.
📊 Volume
Volume surged to 4.14M, supporting the breakout. Confirmation of pattern breakout is validated by this volume spike.
🏁 Key Technical Levels
Breakout Zone (Neckline): ₹258.50 ✅
CMP: ₹262.65
Next Resistance: Blue Sky Zone (New Highs)
Support on Retest: ₹258.50 → ₹230.67
Major Support: ₹177.02 (Fib 50%)
💡 Trade Setup Idea
Entry: On breakout confirmation above ₹258.50 or on retest
Stoploss: Below ₹230
Target: Open sky above ₹262 → Trend-following zone
Risk Level: Medium-High (due to overbought RSI)
⚠️ Disclaimer: This is an educational chart setup and not trading advice. Please conduct your own research and risk management.
📣 Follow @PriceAction_Pulse for more such clean breakouts and chart pattern analysis!
🔁 Drop a comment if TFCILTD is on your radar for the next breakout rally 📈
HERO MOTOCORP LTD – TECHNICAL ANALYSIS________________________________________
📈 HERO MOTOCORP LTD – TECHNICAL ANALYSIS
📆 Date: July 15, 2025 | ⏱ Timeframe: Daily Chart
🔍 Educational Breakdown – For Learning & Study Use Only
________________________________________
🔹 Price Action Zones
• 🔴 Top Range (Supply Zone / Resistance): ₹4,486.70
• 🟢 Bottom Range (Demand Zone / Support): ₹4,158.10
Price has recently broken out from a symmetrical triangle pattern, heading toward the marked supply zone. The demand zone at ₹4,158 has been tested multiple times and held firm, acting as the base for this breakout.
________________________________________
🔹 Chart Pattern: ✅
The stock formed a tight triangle consolidation, compressing between a rising support and horizontal resistance. Today’s breakout candle, backed by volume, confirms a bullish resolution of the pattern.
________________________________________
🔹 Reversal Candlestick Patterns
A large bullish engulfing candle has cleared recent highs with strength. Closing near the high, it signals conviction and opens the path for a continued up-move.
________________________________________
🔹 Technical Indicators
• RSI: Crossed above 60 — strength building
• MACD: Positive crossover confirming trend reversal
• VWAP: Price comfortably trading above — supports trend
• Bollinger Bands: Post-squeeze breakout with wide expansion
• Volume: Breakout supported by 20-day volume high — adds strong confirmation
________________________________________
📌 What’s Catching Our Eye:
The volume spike is significant — over 1.76M with breakout from both triangle resistance and VWAP. Add to that a BB Squeeze release, and the setup gets stronger technically.
________________________________________
👀 What We’re Watching For:
If price sustains above ₹4,454, it may move into the next resistance cluster: ₹4,525.97 → ₹4,599.93 → ₹4,730.87. On dips, ₹4,188 and ₹4,158 become important demand zones to monitor for re-entries.
________________________________________
⚠️ Risks to Watch:
A failed follow-up tomorrow or close below ₹4,405 could invalidate the momentum. Also, overbought conditions without volume expansion may lead to a false breakout near ₹4,486.
________________________________________
🔮 What to Expect Next:
If bullish momentum sustains, the stock may first target ₹4,599 and then ₹4,695. Resistance is expected near ₹4,525–₹4,599 range. A clean breakout above ₹4,486 could invite strong follow-up buying.
________________________________________
📊 Trade Plan (Based on Reason and Charts)
🔼 Bullish Trade Setup:
Entry Zone: ₹4,454 – ₹4,465
Stop-loss: ₹4,405.63
Risk–Reward: ~1:1 to 1:2
Reason: Triangle breakout + BB Squeeze + RSI/MACD confirmation + VWAP support
🔽 Bearish Trade Setup:
Only if the price rejects ₹4,486.7 and breaks below ₹4,405:
Entry: Below ₹4,405
SL: ₹4,465
Risk–Reward: ~1:1 to 1:2
Reason: Failed breakout + supply pressure at top range
________________________________________
⚠️ Disclaimer (Please Read):
• This chart is shared for educational purposes only and is not investment advice.
• I am not a SEBI-registered advisor.
• The information provided here is based on personal market observation.
• No buy/sell recommendations are being made.
• Please do your own research or consult a registered financial advisor before making any trading decisions.
• Trading involves risk. Always use proper risk management.
STWP is not responsible for trading decisions based on this post.
________________________________________
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🚀 Trade with patience, trust your charts, and stay clear-headed!
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________________________________________
ABDL - Daily Timeframe Breakout Idea (Resistance Zone Break)Allied Blenders and Distillers Ltd. has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 2 times volume surge near the breakout zone, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price might break above the ~₹446 horizontal resistance, which had held for over 6 months.
The breakout zone has been supported by 2X volume and a range 1.5X of average near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹439.15
- Entry: Near ₹446
- Target: ₹481 (~7.5% upside from CMP)
- Stop-Loss: ₹430
- Risk-Reward Ratio: ~ 1 : 2
📌 Note:
- Look for a confirmation candle to enter the trade.
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
MIRZAINT – Cup & Handle Breakout | Daily Chart📊 MIRZAINT – Cup & Handle Breakout from Order Block | RVol 349% | RSI Near Overbought | Daily Chart
📅 Chart Date: July 8, 2025
📍 CMP: ₹34.45 (+4.71%)
📈 Symbol: NSE:MIRZAINT
🔍 Technical Analysis Breakdown
☕ Cup & Handle Breakout
Classic Cup & Handle pattern breakout above neckline resistance at ~₹33.
Smooth rounding bottom base followed by tight consolidation and bullish breakout.
🟥 Volumized Order Block (OB) Analysis
Previous Supply Zone: Between ₹41–₹49.5.
Demand Zone: ~₹24–₹26, previously respected.
Breakout occurred from a fresh bullish 1D OB .
📈 Relative Volume (RVol%): 349%
Significant volume spike confirms strong buying interest behind the breakout.
📐 Measured OB Data
1.542M (44%) red OB supply previously pushed price down.
Bullish OB of 795.893K (18%) supported accumulation phase pre-breakout.
📊 RSI (14, close): 69.18
Approaching overbought zone (>70), confirming strong trend but may see minor consolidation.
🏁 Key Technical Levels
Breakout Level (Neckline): ₹33.00
CMP: ₹34.45
Resistance Ahead: ₹41.00 → ₹49.50 (previous OB supply zone)
Support: ₹30.00 / ₹26.00 (OB base)
💡 Trade Setup Insight
Entry: CMP on breakout or retest near ₹33
Target 1: ₹41
Target 2: ₹49+
Stoploss: Below ₹30 or ₹26 (OB base zone)
Risk Profile: Moderate to Aggressive
⚠️ Disclaimer: This is an educational chart setup and not trading advice. Please conduct your own research and risk management.
📣 Follow @PriceAction_Pulse for more such clean breakouts and chart pattern analysis!
🔁 Drop a comment if TFCILTD is on your radar for the next breakout rally 📈
UNIVPHOTO - Cup & Handle Breakout | Daily Chart📊 UNIVPHOTO – Cup & Handle Breakout | Strong Volume | RSI Overbought | Fibonacci Confluence | Daily Chart
📅 Chart Date: July 3, 2025
📍 CMP: ₹291.55 (+20.00%)
📈 Symbol: NSE:UNIVPHOTO
🔍 Technical Analysis Summary
✅ Cup & Handle Breakout
Price has broken out above the neckline of the Cup & Handle pattern at ₹258.95 with strong bullish momentum.
Post-consolidation breakout visible with a solid bullish candle.
📊 Fibonacci Retracement Levels (Swing: ₹173.55 to ₹483.90)
23.60% – ₹246.79
38.20% – ₹292.10 ✅ (Price nearing this level – short-term resistance)
50.00% – ₹328.70
61.80% – ₹365.35
78.60% – ₹417.50
100% – ₹483.90 🎯
📈 RSI Indicator (14)
RSI has surged to 77.17, indicating strong momentum but entering overbought territory.
RSI breakout with multiple prior bullish divergences validated the upside move.
📉 Volume
Current breakout supported by above-average volume (256.71K) adds credibility to the move.
🏁 Key Technical Levels
Neckline Breakout: ₹258.95 ✅
Immediate Resistance: ₹292.10 (Fib 38.2%)
Next Targets: ₹328.70 → ₹365.35
Support Levels: ₹258.95 → ₹246.79
Major Swing Low: ₹173.55
💡 Trade Setup
Entry: On breakout confirmation above ₹259
SL: Below ₹246
Short-term Target: ₹292
Mid-term Target: ₹328 → ₹365
Risk Level: Medium (due to RSI overbought – may see retracement)
⚠️ Disclaimer
This chart is for educational and analytical purposes only. Please consult your financial advisor before making investment decisions.
EIDPARRY - HNS & Flag & Pole patternAll details are given on chart for educational purpose only. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
BIRLACABLE - Cup & Handle Breakout | Daily Chart📊 BIRLA CABLE LTD (BIRLACABLE) – Cup & Handle Breakout with Fibonacci Targets | RSI Overbought | Volume Spike | Daily Chart
📅 Chart Date: June 18, 2025
📈 CMP: ₹208.05 (+14.11%)
📍 Ticker: NSE:BIRLACABLE
🔍 Technical Chart Breakdown
☕ Cup & Handle Pattern Breakout
BIRLACABLE has confirmed a Cup & Handle breakout above the neckline at ₹197.88 (also 38.2% Fibonacci retracement level), suggesting bullish continuation after a long consolidation. The breakout is clean with a wide bullish candle.
📐 Fibonacci Retracement Levels (from swing high ₹315.10 to swing low ₹125.41)
38.2% (Breakout Zone): ₹197.88 ✅
50.0%: ₹220.26
61.8%: ₹242.64
78.6%: ₹274.50
Target: 100% Fibonacci: ₹315+
💹 RSI & Momentum
RSI at 73.75, entering overbought territory 🔼
Multiple RSI bullish crossovers visible during base formation
RSI suggests strong buying momentum, ideal for trend continuation
📉 Trendline Breakout
Downtrend resistance (dotted line) broken along with horizontal neckline
Aligns with volume-based breakout, confirming strength
🕯️ Volume Confirmation
Huge spike in volume (4.44M) on breakout day — highest in months
Suggests institutional or smart money activity
📍 Key Price Levels
✅ Breakout Level: ₹197.88
🚀 Fibonacci Targets:
₹220.26 → 50%
₹242.64 → 61.8%
₹274.50 → 78.6%
₹315+ → 100% (Full target)
🛡️ Support Levels:
₹197 (neckline support)
₹170.18 (23.6% Fib)
₹150 (handle base)
💡 Trading Idea
Entry: Close above ₹198 or on retest of neckline
Stop Loss: Below ₹185 or ₹170
Targets: ₹220 → ₹243 → ₹275 → ₹315
Risk-Reward: Favorable with strong confirmation
Apollo Micro-Do not miss this Volume breakout!Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle
Stock will look good only when it retest level of 110 and bounces.
Levels mentioned on chart. I will not buy at CMP.
Stock has potential to fly at least towards 200 according to fib extension.
It is too good of breakout to miss. I have hardly seen such a bullish weekly candle recently when Nifty has been slight bearish.
#MAXHEALTH - VCP Set up Breakout in Daily Time Frame📊 Script: MAXHEALTH
Key highlights: 💡⚡
📈 VCP Set up Breakout in Daily Time Frame.
📈 Price consolidating near Resistance, then Breakout.
📈 Volume spike seen during Breakout.
📈 MACD Cross
📈 Can go for a swing trade
BUY ONLY ABOVE 1235 DCB
⏱️ C.M.P 📑💰- 1232.80
🟢 Target 🎯🏆 – 11%
⚠️ Stoploss ☠️🚫 – 5%
⚠️ 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!🥂
TTML: Pennant Breakout Signals Potential Upside
On the daily chart, TTML has recently exhibited a breakout from a pennant formation , a pattern often associated with potential continuation of the prevailing trend. This breakout is accompanied by a notable increase in trading volume, which may indicate growing market interest and participation.
Additionally, the price action has shown support at the 200-day EMA, a widely observed long-term trend indicator. This confluence of technical signals may suggest a strengthening bullish sentiment.
From a momentum perspective, both the RSI and MACD indicators are currently positioned in bullish territory on both the daily and weekly timeframes. This alignment across multiple timeframes can be interpreted as a sign of potential trend continuation.
Looking ahead, the price may revisit the ₹75 level, which could act as a demand zone. Should the stock manage to close and sustain above ₹76.40 , the next potential resistance levels to monitor are around ₹84.93 and ₹96.95 . For risk management, a suggested stop-loss level could be considered below ₹62 , based on recent support structures.
Disclaimer: This analysis is intended solely for informational and educational purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument. Market participants are encouraged to conduct their own research or consult with a licensed financial advisor before making any investment decisions.
KRISHANA PHOSCHEM LTD | Major Breakout Ahead? Hey Family, here’s another stock showing a strong technical setup! 🚀
Key Observations:
Pattern : Formation of a Rectangle Box Pattern on the Daily Timeframe (1D).
Range Period:
Stock moved within a horizontal range between June 2024 to April 2025.
Multiple tests near the upper resistance band during this period.
Resistance Behavior:
Price repeatedly tested the resistance zone around ₹278–₹285.
Now showing signs of a breakout attempt and trying to sustain above the range.
Volume Insight:
Noticeable volume accumulation over the past few sessions.
Volume spikes during breakout candles suggest strong buyer interest.
Candlestick Structure:
Strong bullish candles with minimal rejection indicate a genuine attempt to break out.
🚨 Disclaimer: What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
🚨 Note: Always manage risk and do your own research.
SERVOTECH: Volume Surge Signals StrengthAn analysis of the weekly chart for SERVOTECH indicates a noteworthy technical development. The security has exhibited a breakout above a key pivot level previously identified around the 148 price zone.
This price action was accompanied by a substantial volume surge. The weekly volume registered approximately 34 million shares, a figure representing a more than five-fold increase compared to its 50W moving average of volume. Such a significant expansion in volume on a breakout can suggest strong institutional interest and conviction behind the move.
Further supporting a bullish outlook of RSI is situated above the 60 level on both the weekly and daily timeframes. A confluence of strong RSI readings across multiple timeframes is often interpreted by market participants as a sign of robust and broad-based upward momentum.
Based on this technical structure, the following price levels may be of interest for observation:
From a strategic standpoint, the stock may present a potential accumulation zone around the 150 level. The 195 level is identifiable as the next area of potential overhead supply, or resistance, where selling pressure might emerge. From a risk management perspective, a breach of the 136 level could challenge the validity of the recent bullish structure and might be monitored accordingly.
Disclaimer: The information provided in this stock analysis is for informational and educational purposes only and should not be construed as financial advice. Always seek the advice of a qualified financial advisor or conduct your own thorough research before making any investment decisions. Market conditions are dynamic, and past performance is not indicative of future results.
MARINE | VCP Pattern | Breakout | Good Volume | DailyHere’s a **detailed analysis** of the Marine Electricals Ltd. chart you shared:
---
### **Chart Pattern & Setup:**
✅ **VCP Pattern**:
* Well-formed **VCP *218 ** level, as indicated.
---
### **Measured Move & Target:**
* Depth of cup = **78.78 ** (\~36.12% move).
* **Target after breakout:**
Breakout Level (218) + Depth (78.78) = 296.90
---
### **Volume Confirmation:**
✅ Huge surge in volume on breakout day, reinforcing the bullish breakout.
✅ Volume expansion is above moving average, a positive sign.
---
### **Key Technical Levels:**
* **Breakout level:** 218
* **Current price:** 236.17
* **Resistance/Target:** 296.90
* **Support:** 218 (former resistance now turned support).
---
### **Momentum & Indicators:**
✅ All key EMAs (8, 21, 55, 144) are upward sloping – confirming a **bullish trend**.
✅ Fundamental earnings data show significant YoY growth – another positive factor.
---
### **Trade Idea & Risk Management:**
📈 The breakout suggests a target of **\~296 **.
📉 A close below **218 ** would invalidate the pattern—consider this as a stop-loss level for risk management.
#ARKADE - IPO Base Breakout📊 Script: ARKADE
Key highlights: 💡⚡
📈 IPO Base Breakout in Daily Time Frame.
📈 Price consolidating near Resistance, then Breakout.
📈 Volume spike seen during Breakout.
📈 MACD Cross
📈 Can go for a swing trade
BUY ONLY ABOVE 197 DCB
⏱️ C.M.P 📑💰- 197.34
🟢 Target 🎯🏆 – 14%
⚠️ Stoploss ☠️🚫 – 7%
⚠️ 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!🥂
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.
RADICO - Cup & Handle Breakout | Daily Chart📊 RADICO KHAITAN LTD (RADICO) – Cup & Handle Breakout | Daily Chart
📅 Chart Date: June 4, 2025
📈 CMP: ₹2,670.80 (+4.78%)
📍 Ticker: NSE:RADICO
🔍 Technical Breakdown
☕ Cup & Handle Breakout Confirmed
A classic Cup & Handle formation has played out with a bullish breakout above the neckline near ₹2,640–₹2,670. The pattern is well-structured, showing clear accumulation followed by a rounded bottom and brief consolidation.
📏 Measured Target:
The height of the cup (~₹620) projects an initial target near ₹3,129, aligning closely with the 161.80% Fibonacci Extension level.
⚙️ Indicators Used
🔹 Chart Pattern: Cup & Handle
📐 Fibonacci Retracement & Extension
📊 Volume Spike: Strong breakout volume
📈 EMA Cluster: 20/50/100/200-day — bullish alignment
🟢 EMA Support: Price sustaining well above EMAs; 200 EMA ~₹2,000
📍 Key Price Levels
✅ Breakout Zone: ₹2,640–₹2,670
🚀 Upside Targets:
📈 127.20% – ₹2,853
📈 161.80% – ₹3,129
📈 200% – ₹3,352 (extended swing target)
🛡️ Support Levels:
₹2,467 – 78.6% Fibo
₹2,333 – 61.8%
₹2,145 – 38.2%
₹2,029 – 23.6%
🔻 Invalidation/Stop: Closing below ₹2,467 (strong Fibo + EMA support zone)
💼 Trading Strategy
Entry: On breakout retest or strong close above ₹2,670
Stop Loss: ₹2,467
Target Range: ₹2,853 – ₹3,129 – ₹3,350+
Timeframe: Short to medium term swing
⚠️ Disclaimer
This analysis is for educational purposes only. Please do your own research or consult a financial advisor before making trading/investment decisions.
YESBANK: Riding the Bullish WaveYes Bank has exhibited a notable breakout above the resistance level established in December 2024. This breakout is accompanied by a classic flag pattern formation, which has resolved to the upside—typically interpreted by technical analysts as a continuation signal within an existing trend.
A significant increase in trading volume during the breakout phase adds weight to the move, suggesting heightened market participation. Furthermore, the 20-day EMA has crossed above the 200-day EMA, a crossover often referred to as a "Golden Cross" , which is generally viewed as a bullish signal indicating potential for continued upward momentum.
The RSI is currently positioned above 60, reflecting sustained buying interest without yet entering overbought territory.
From a structural perspective:
Immediate resistance may be encountered near the 24.75 level.
A secondary resistance zone appears around 28.54.
On the downside, the stock seems to have established a support base near 19.54, which could act as a cushion in the event of a pullback.
Disclaimer:
This analysis is intended solely for informational and educational purposes. It does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Market conditions can change rapidly, and all trading involves risk. Individuals should conduct their own due diligence or consult with a qualified financial advisor before making any investment decisions.
NITCO LTD | Monthly Chart Analysis📊 NITCO LTD (NSE:NITCO) | Monthly Chart Analysis
📅 Date: June 1, 2025
📈 CMP: ₹137.28 (+6.02%)
📌 Ticker: NSE:NITCO
📉 Chart Pattern Insight
🏆 Massive Cup and Handle Breakout Formation (18-Year Base)
NITCO is breaking out of a textbook multi-decade Cup and Handle pattern, forming over 17+ years. This type of structural breakout on a monthly timeframe is rare and typically leads to multi-fold rallies.
💥 The breakout zone lies around ₹130.03 – previously a strong resistance from 2007, 2017, and now being tested again with a strong monthly close above it.
📊 Indicator: RSI + Moving Average Cross (Icon shown)
🔎 RSI (Relative Strength Index): Currently at 74.53, signaling strong bullish momentum
📈 RSI has also crossed above its moving average, and the "Bear" label in the past has flipped, suggesting a shift in long-term trend direction.
🔑 Key Levels
🔸 Breakout Zone: ₹130.03 (now acting as support)
🎯 Target Zones (based on Fibonacci & historical zones):
₹180
₹250
₹320+
🛡️ Stop Loss (Monthly Close Below): ₹120
💡 Trading Strategy
Entry: On successful retest and hold above ₹130
SL: ₹120 (monthly candle close basis)
Target: Positional hold for ₹180–₹320+
Time Frame: Long-term multi-month to multi-year potential
⚠️ Disclaimer
This is for educational purposes only. Please do your own research or consult a registered advisor before taking positions.
CHALET Hotels : Swing pick#CHALET #swingtrade #breakout #threewhitesoldiers #trendingstock
CHALET : Swing Trade
>> TWS Visible
>> Trending Setup
>> Good Strength in Stock
>> Volumes Dried up, Expansion imminent
>> Quick 10-15% upside potential
Swing Traders can lock profit at 10% & Keep Trailing
Disc : Charts shared are for Learning purpose and not a Trade recommendation. Consult a SEBI Registered Advisor before taking position in it.
#SUNDARMHLD - VCP BreakOut in Daily Time Frame.📊 Script: SUNDARMHLD
Key highlights: 💡⚡
📈 VCP BreakOut in Daily Time Frame.
📈 Price consolidating near Resistance.
📈 Volume spike during Breakout
📈 MACD Cross
📈 Can go for a swing trade
BUY ONLY ABOVE 378 DCB
⏱️ C.M.P 📑💰- 376
🟢 Target 🎯🏆 – 21%
⚠️ Stoploss ☠️🚫 – 10.50%
⚠️ 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!🥂
#STYRENIX - VCP BreakOut in Daily Time Frame📊 Script: STYRENIX
Key highlights: 💡⚡
📈 VCP BreakOut in Daily Time Frame.
📈 Price consolidating near Resistance.
📈 Volume spike during Breakout
📈 MACD Bounce
📈 Can go for a swing trade
BUY ONLY ABOVE 3145 DCB
⏱️ C.M.P 📑💰- 3115
🟢 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!🥂