Volume
LT Foods - All Time High Break OutLT Foods has given a all time high BO and is looking great. Factors which make this stock promising:
1. On weekly time frame made 3 White Shoulder Pattern - which is a bullish pattern
2. Breakout after a long consolidation - consolidating from 11 odd months
3. Volume is increasing / steady
4. A rectangular pattern BO as well
5. Fundamentally, LT Foods has lots of opportunities as they have gone beyond India
6. LT Food has ventured in organic food as well with recent 17% acquisition of Nature Bio-India
Above factors make this stock a great pick and hold it for super gains.
Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price.
Cheers!!!
NOCIL - target @ 235-300 and aboveNOCIL, trading @ 200 on NSE/BSE
it may reach firstly @ 235, where it had formed a gap when it was falling downwards. 235 may act as a strong resistance as it traded around this level in FEB 2025.
it may also scale towards 300 plus levels since high volume buying candle is formed on 31 july 2024 around 320 levels , note that buying volume is considered a major signal for upside move.
factors supporting the same :
1- around 185-195, it has formed major buying volume candles (DAILY TIMEFRAME) which suggests follow-up upmove may continue
2- 198 which was acting as resistance SINCE MARCH 2025 is broken successfully , making highs @ 208, and closing at 200
3- technical indicators are also supporting the same analysis as RSI is at 64, trading above its own moving avg . MACD is trading above zero level and above signal line
4- price is trading at the upper range of the 15 day donchian channel , suggesting range breakout.
buying is suggested between 185-205 levels , keeping stoploss @ 175 for targets of 235 and may be 300 if markets sustain upward strength for coming months.
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
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PRECAM: Next Level InsightThe daily chart of PRECAM is currently displaying a technically constructive setup. Notably, the price structure resembles a bullish triple top formation, which, in this context, appears to be acting as a continuation pattern rather than a reversal. This is further supported by a breakout above the recent consolidation range.
Importantly, this breakout has been accompanied by a noticeable increase in trading volume over the past five sessions, which may suggest growing market participation and interest in the stock at current levels.
Key technical indicators are aligned with this bullish momentum:
RSI is trading above the 70 mark , indicating strong upward momentum.
MACD is positioned above the zero line , with the signal line maintaining a positive crossover.
MACD Histogram remains in positive territory, reinforcing the prevailing bullish sentiment.
Based on this setup, the next potential area of price interest or resistance could emerge near the ₹258 level. On the downside, the immediate support lies just below the prior consolidation zone near ₹145 . A sustained move below this level could act as a technical invalidation point for short-term bullish setups and may prompt risk management actions.
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 financial instrument. All investments carry risk, and past performance is not indicative of future results. Individuals should conduct their own due diligence or consult with a qualified financial advisor before making any 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.
Gateway Distriparks Ltd: Technical CommentaryIn the latest trading session, Gateway Distriparks Ltd demonstrated notable technical strength. The stock successfully closed above both its 20D and 50D EMAs, indicating a potential shift in short- to medium-term momentum. Additionally, it managed to close above the 20-week EMA, which may suggest a broader trend alignment in favour of the bulls.
Volume analysis further supports this view, with a noticeable uptick in trading activity accompanying the price movement—often interpreted as a sign of institutional interest or increased market participation.
The RSI has crossed above the 65 level, a zone that is frequently associated with strong bullish momentum. This development may be interpreted by some market participants as a signal of continued buying interest.
From a price action perspective, the stock appears technically favorable in the range of ₹64, with a potential resistance zone near ₹85. A prudent risk management approach might involve monitoring for a close below ₹56, which could serve as a reference point for reevaluating the trade setup.
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 strongly encouraged to conduct their own due diligence or consult with a certified financial advisor before making any investment decisions.
Engineers India – Technical Analysis & Trade SetupEngineers India Ltd has recently formed a rounding bottom pattern on the chart, a classic bullish reversal pattern that suggests a shift in momentum from bearish to bullish. The key resistance level lies at ₹210-212 price zone, and a breakout above this level with strong volume will confirm the pattern.
📈 Breakout Confirmation & Retest Zone :
A decisive close above ₹212 will mark a technical breakout, putting the stock at its 8-month high. Post-breakout, a retest of the ₹205–₹210 zone is likely. If the stock takes support and consolidates in this zone, it will indicate strength and readiness for the next upward leg.
📅 Fundamental Trigger – Q4 Results :
Investors and traders should closely monitor the Q4 results scheduled for 29 May. A strong earnings report could serve as a catalyst to support the technical breakout and sustain the uptrend. Conversely, a weak result may delay or invalidate the breakout momentum.
🎯 Targets & Price Action Outlook:
- Short-term buying range: Between ₹210 and ₹215.
- Immediate target: ₹250
- Next targets: ₹290 and eventually ₹300, which may take 3–4 months to achieve if the trend sustains.
- Stop loss can be placed at ₹185.
⚠️ Key Points to Watch:
- Volume confirmation on breakout above ₹212.
- Retest and support around ₹205–₹210.
- Q4 earnings impact on price action.
- Keep a disciplined stop-loss strategy based on risk appetite.
Jio Financial Services – Wave 5 Exhaustion? Retracement AheadJio Financial Services has completed a clean 1-2-3-4-5 Elliott Wave sequence, with each leg respecting Fibonacci levels well. From the Wave 4 low, price rallied and reached the 100% Fibonacci extension of Wave 1, marking ₹279.35 as a potential Wave 5 termination point.
Key Technical Signals:
Complete 5-wave impulse structure
Wave 5 = 100% of Wave 1
Bearish RSI divergence at the top
Volume shows signs of exhaustion
These signals suggest that Wave 5 may have ended and a corrective phase could begin.
Retracement Levels to Watch:
A retracement from the top is expected toward:
0.236 level: ₹270.55
0.382 level: ₹265.10
Price action in this zone will help determine if this is just a correction or the start of a larger reversal.
Indicators Used:
Elliott Wave count
Fibonacci levels
RSI
Volume
Timeframe: 2H