Volumespikeanalsis — Trading Ideas on TradingView

KSL - Strong Cup & Handle Breakout | Volume & RSI Confirmation 📊 KALYANI STEELS LTD (KSL) – Strong Cup & Handle Breakout | Volume & RSI Confirmation | Daily Chart 📅 Chart Date: June 17, 2025 📈 CMP: ₹891.00 (+10.33%) 📍 Ticker: NSE:KSL 🔍 Technical Chart Breakdown ☕ Cup & Handle Pattern Breakout KSL has decisively broken above the neckline resistance around ₹845 after forming a classic Cup & Handle pattern — a strong bullish continuation setup. This breakout has been accompanied by a solid volume spike (458.32K), which adds further confirmation. 💹 RSI Analysis RSI is currently at 71.61, indicating strong bullish momentum. RSI crossover confirms entry into the overbought zone, signaling strength but also requiring caution for late entries. 🕯️ Volume Action Noticeable volume surge on the breakout candle suggests institutional participation. Previous volume build-up near the handle zone indicates accumulation. 📍 Key Price Levels ✅ Breakout Zone: ₹845.35 🚀 Potential Upside Targets: ₹920 – Minor resistance ₹990–₹1,040 – Short to medium-term swing targets ₹1,150+ – Based on measured pattern height 🛡️ Support Zones: ₹845 – breakout retest level ₹800 – psychological support ₹765 – handle base and invalidation zone 🛠️ Trading Strategy Idea Entry: Either breakout close above ₹845 or on retest of breakout zone Stop Loss: Below ₹800 Targets: ₹920 → ₹1,000 → ₹1,150 Risk-Reward: >1:2 on first target with strong technical validation

SMS PHARMA - Cup & Handle Breakout with Volume Confirmation 📊 SMS PHARMA – Cup & Handle Breakout with Volume Confirmation 🕰️ Timeframe: 1D | 📐 Pattern: Cup & Handle Formation 🔍 Technical Setup: SMS Pharma has formed a classic Cup & Handle pattern, which is a bullish continuation pattern. The breakout has occurred above the neckline resistance with a clean breakout candle, confirming bullish momentum. The falling trendline resistance has also been decisively broken, adding further confidence to the breakout strength. 🔑 Key Levels to Watch: 🔵 Resistance (Upside Targets): ₹258.05 ₹271.70 🔴 Support Zones: ₹230.57 (neckline support) ₹211.77 (handle base) ₹181.95 (major horizontal support zone) 📊 Volume & Indicators: 🔺 Volume Surge at breakout confirms strength and participation — a good sign for trend continuation. 📈 RSI: 64.58 — close to overbought zone, but still indicating strength. Minor consolidation near ₹240 would be healthy before further up move. 🧠 Bias: Bullish 📉 Any pullback to ₹230–₹235 can offer a good entry opportunity with risk managed below ₹211. ⚠️ Disclaimer: This is an educational analysis and not investment advice. Do your own research before making any trading decisions. 📈 Follow @PriceAction_Pulse for more breakout setups and swing trading ideas! 💬 Drop your thoughts in the comments — will this Cup & Handle breakout hit the ₹270 zone?

CENTURYPLY BIRLACORPN 52week breakout with volume rise and very important point is stock is retext & give a good support zone which is already broken resistant zone with h volume . respect SL ... like me of discipline trader large multicap company . .Company has delivered good profit growth of 19.3% CAGR over last 5 years holdings :-))) a) Promoters 73% b)FIIs & DIIs 20% c) Public 7 % for MORE check in my TradingView ID If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its. "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏