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#NIFTY Intraday Support and Resistance Levels - 04/09/2025Nifty is likely to witness a gap up opening near 24,950 levels, indicating a continuation of bullish momentum from the previous sessions. The index has been consolidating in a tight range, and today’s opening could decide the next leg of the trend. On the upside, if Nifty sustains above the 24,950–25,000 zone, it may lead to a sharp rally. In this scenario, the immediate upside targets are placed at 25,150, 25,200, and 25,250+. A breakout above 25,250 will further strengthen the bullish trend and may open the path for higher levels in the coming sessions. On the downside, if the index fails to hold above 24,700–24,750 levels, some profit booking may drag Nifty lower. A breakdown below 24,700 could trigger weakness, with downside targets at 24,650, 24,600, and 24,500. Sustained trade below 24,500 may bring more pressure, extending the fall toward 24,350–24,300 zones. Overall, Nifty is starting the session on a positive note with a gap up opening near 24,950, but it remains in a consolidation zone. Traders should watch for a breakout above resistance levels for bullish confirmation or a breakdown below support zones for a reversal trade. Strict stop-losses are recommended to manage volatility.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(04/09/2025)Bank Nifty is expected to open with a gap up, signaling a positive start to today’s session. After a phase of consolidation, the index is now attempting to build strength near its key resistance zones, and today’s opening could provide directional clarity. On the upside, if Bank Nifty sustains above 54,050–54,100 levels, fresh buying interest may drive the index higher. In this case, the immediate targets will be 54,250, 54,350, and 54,450+. A strong breakout above 54,550 will further accelerate the momentum, paving the way toward 54,750, 54,850, and even 54,950+. On the downside, if the index fails to hold above 53,950–54,000, weakness may creep in again. In such a case, the index can retrace toward 53,750, 53,650, and 53,550 levels. Sustained weakness below 53,550 could trigger further downside pressure, extending the fall toward 53,200–53,000 zones. Overall, Bank Nifty is opening with a gap up and showing early signs of recovery.
NSE:BANKNIFTY
by TradZoo
Nifty Trading Strategy for 04th September 2025📊 Nifty Intraday Trading Plan 🔼 Buy Setup ✅ Condition: Enter only if price closes above the high of the 15-minute candle at 24,775. 🎯 Targets: 1st Target → 24,805 2nd Target → 24,835 3rd Target → 24,875 🛑 Stop-Loss: Keep a stop-loss just below the breakout candle low. 🔽 Sell Setup ✅ Condition: Enter only if price closes below the low of the 1-hour candle at 24,600. 🎯 Targets: 1st Target → 24,565 2nd Target → 24,535 3rd Target → 24,500 🛑 Stop-Loss: Keep a stop-loss just above the breakdown candle high. 📘 Beginner’s Note Wait for the candle to close before taking entry (don’t jump in early). Always trade with a stop-loss to control risk. Use small quantity/lot size if you are new. Avoid overtrading – one good trade is better than many bad ones. ⚠️ Disclaimer I am not SEBI registered. This setup is shared only for educational purposes. Please do your own research or consult a financial advisor before taking trades. Trading in the stock market involves risk of capital loss.
NSE:NIFTY
by ramkkyy
Nifty strategy for 04/09/25Nifty may open around at 24860 with 160 points upside as per SGX NIFTY, Nifty may continued its current rally upto 25080 levels where descending triangle top neckline existing in the nifty. There is no ruled out for profit booking around 24900 levels due to FII'S are still remained net sellers since 8 consecutive session's so that I am expected some profit booking by investors who added positions around at 24300 levels. The nifty may take indications from GST COUNCIL MEET which is held since yesterday I hoped the positive outcome delivered from this meeting which boosting urban and domestic consumptions so market are surging based on this expectations. Support levels : 24780,24712 Resistance levels : 24860,24950 Stock of the day : NETWEB TECHNOLOGY in this scrip breakout has occurred around at 2490 levels and closed above the upper neckline of the wedge with above average volumes. So I am advise investors add this stock to their portfolios at support levels. Buy price : 2465-2475 Stop loss : 2360 1st target : 2604 2nd target : 2740 Disclimer : I AM NOT A SEBI RESEARCH ANALYST OR FINANCIAL ADVISOR, these recommendations are only for education purpose, not for trading and investment purpose please take an advise from your financial advisor before investing on my recommendations. ‌🙏 : If you liked my content please suggest to your friends follow my trading channel. Your likes and comments provide boosting to me to update more financial information. Thanking you for supporying me
NSE:NIFTY
by viswanath_ktc
Gold Trading Strategy for 04th Sep 2025📊 Gold Intraday Trading Plan ✅ Buy Setup (Long Position) Condition to Enter: Wait for the 15-minute candle to close above $3579. Buy Entry: Above $3579. Targets: First Target – $3590 Second Target – $3601 Third Target – $3613 Stop Loss (SL): Below recent 15-min support (e.g., $3570). Example: If the 15-min candle closes at $3581, you can enter a buy trade at around $3582–$3583. If price moves to $3590, you book your first profit. If it continues higher, trail your stop-loss to lock in profits while aiming for $3601 and $3613. ✅ Sell Setup (Short Position) Condition to Enter: Wait for the 1-hour candle to close below $3545. Sell Entry: Below $3545. Targets: First Target – $3534 Second Target – $3523 Third Target – $3511 Stop Loss (SL): Above recent 1-hour resistance (e.g., $3555). Example: If the 1-hour candle closes at $3543, you can enter a sell trade around $3542–$3544. If price falls to $3534, that’s your first target. If it keeps dropping, trail your stop-loss and aim for $3523 and $3511. ⚠️ Important Notes for Beginners Always wait for candle close confirmation. Don’t jump in before the candle closes, as fake breakouts can trap traders. Use strict stop-loss. This protects you if the market moves opposite. Trade with small lot size in the beginning to control risk. Risk-Reward Ratio (RRR): Always aim for at least 1:2 RRR (risk $1 to gain $2). 📌 Disclaimer This analysis is for educational purposes only and not financial advice. Trading in gold or any market involves significant risk, and past performance does not guarantee future results. Please consult with a financial advisor before making trading decisions. Trade at your own risk.
TVC:GOLD
by ramkkyy
ABFRL: Price Action OverviewFollowing a gap-down opening on June 4, ABFRL entered a consolidation phase, trading within a well-defined supply and demand zone. This range-bound movement suggests a period of accumulation or indecision among market participants. During this consolidation, the stock has formed a double bottom pattern on the daily chart—a classical reversal structure that often indicates a potential shift from a downtrend to an uptrend, provided confirmation follows. An inverted hammer appeared near the second bottom, signaling potential buying interest at lower levels. This was followed by a bullish pin bar, reinforcing the possibility of a short-term reversal. These candlestick formations, especially when occurring near support zones, can be interpreted as early signs of bullish momentum returning—though follow-through price action is essential. If bullish momentum sustains than the stock may attempt to fill the gap left from the June 4 session. The gap resistance level is around ₹84 , which could act as a near-term target for traders monitoring this setup. Disclaimer: This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy, sell, or hold any security. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
NSE:ABFRLLong
by NiftyNotion
KEC International: Bullish Structure with StrengthSince April 7th, the price structure of KEC International has demonstrated a notable bullish trend reversal, characterized by the formation of higher highs and higher lows along an ascending trendline. This pattern is often interpreted by technical analysts as a sign of strengthening upward momentum. A recent Fibonacci retracement, drawn from the swing low to the swing high of the current rally, revealed a pullback to the 38.2% level—a zone commonly viewed as a potential support area within a prevailing uptrend. The stock responded positively to this level, rebounding and subsequently closing above the 61.8% retracement level, which is another key technical threshold. Interestingly, the price has retested the 61.8% level and held firm, suggesting that this area may be acting as a support base. Additionally, the stock has managed to close above its 200-day EMA, a long-term trend indicator that many market participants use to assess broader directional bias. A sustained position above the 200 EMA is generally considered constructive from a trend-following perspective. From a structural standpoint, based on current chart dynamics, the next potential resistance zone appears to be near ₹948, while the suggested support level is around ₹780 . These levels are derived from historical price action and technical confluence zones, and may serve as reference points for monitoring future price behaviour. Disclaimer: This analysis is intended solely for educational and informational purposes. It does not constitute investment advice or a recommendation to buy, sell, or hold any financial instrument. Market conditions are subject to change, and trading decisions should be made based on individual research, risk assessment, and consultation with a licensed financial advisor.
NSE:KECLong
by NiftyNotion
4
“XAUUSD – Strong Sell Setup from All-Time High Resistance“XAUUSD – Strong Sell Setup from All-Time High Resistance 🚨📉” Currently, gold has reached a strong resistance zone around 3575 – 3600, where price is showing signs of exhaustion after a strong bullish rally. This area is a key supply zone and could trigger profit-taking or fresh short entries. From here, I am expecting a potential correction move. 1st Target: Around 3480 – 3450, where we can see a clear demand zone and previous consolidation. If bearish pressure continues, the price may extend towards the final target at 3330 – 3320, which is also a key support point aligned with previous market structure. Market structure shows a clear higher low formation earlier, which fueled this rally, but after tapping into resistance, a short-term pullback seems highly likely. 📌 Overall, short-term bias = bearish correction, while long-term trend remains bullish unless price breaks below the 3320 support zone.ll-Time High Resistance
OANDA:XAUUSDShort
by Mentor_Michael03
ACMESOLAR : Base Formation, Tight Zones, and Pivot Analysis This chart of ACME shows price action over several months, highlighting key technical levels and zones. A clear base formation is established early, followed by successive tight zones indicating consolidation phases, which often precede breakouts. The pivot level mark signals a critical resistance point, with price action approaching and ultimately breaking out above it. Multiple moving averages are shown for trend context, and all major formations are annotated for quick identification, supporting both educational and trading analysis.
NSE:ACMESOLAR
by TradeTravel_Explore
DXY Outlook: Volatility Dominates as Fed Uncertainty PersistsDXY Outlook: Volatility Dominates as Fed Uncertainty Persists DXY (US Dollar Index) Analysis Report 🔎 Technical Outlook The index recently moved in a clear upward cycle, followed by a sharp rejection, highlighting the market’s sensitivity to macro shifts. Price action has transitioned into volatile swings, with both bullish and bearish impulses shaping short-term structure. Current momentum shows cyclical corrections within a broader attempt to sustain bullish rhythm, but intraday moves remain reactive to news flows. Market behavior suggests traders are seeking liquidity both sides before choosing a decisive directional move. 🌍 Fundamental Outlook Federal Reserve Policy: Speculation around rate adjustments remains the dominant driver. Softer inflation data has kept expectations for gradual easing alive, while labor market resilience adds uncertainty. Global Risk Sentiment: Dollar demand fluctuates with equity market flows — stronger equities reduce safe-haven demand, while risk-off tones boost USD. Geopolitical Factors: Ongoing tensions in trade and global supply chain disruptions support occasional flight-to-safety flows into the dollar. Comparative Growth: While the US economy shows relative resilience versus peers, diverging central bank policies (ECB, BOJ, BOE) also influence dollar positioning. Investor Behavior: Large funds are rebalancing exposure — maintaining a neutral to cautiously bullish stance on USD until clearer macro signals emerge.
TVC:DXYLong
by XAU_EMPIRE
Jindal Steel Breakout Study | Momentum, Volume & Key Levels📊 STWP Stock Analysis – JINDAL STEEL (3rd Sept 2025) Price Action: Jindal Steel surged to a CMP of ₹1028.35, marking an impressive +5.46% gain on the day. The stock is currently riding on strong momentum with a clear bullish crossover trend, signaling further upside potential. However, traders must remain cautious as the risk level is high, fueled by sharp price swings. What adds conviction to the move is the heavy volume participation, showing strong market interest and active participation by investors. Volume & Participation Jindal Steel witnessed a massive trading volume of 45.2 lakh shares today, almost 2x its 20-SMA average of 19.9 lakh shares (Volx: 1.98x ). This sharp surge in participation clearly highlights the presence of strong hands in action, adding weight to the bullish move and reinforcing market conviction. Indicator Check The indicators are painting a mixed yet insightful picture for Jindal Steel. The RSI at 61.1 shows strong momentum, while the CCI at 109 confirms a bullish bias. However, the MACD at -1.07 signals a slight bearish crossover, which needs monitoring. Meanwhile, the Stochastic at 98 suggests the stock is overbought, hinting at possible short-term profit booking. Importantly, prices remain above all key EMAs, reinforcing the broader bullish structure. Key levels Resistance: 1048/1067/1105 Support: 991/953/934 📰 Latest News Snapshot — JINDALSTEL Jindal Steel & Power is making headlines on multiple fronts. In its Q1 FY26 results (Aug 12, 2025), the company delivered a strong turnaround with net profit at ₹1,494 crore, aided by a 32% QoQ jump in EBITDA and healthier margins at 24.4%, though revenues softened to about ₹12,294 crore. On the operational side, JSPL commissioned its first continuous galvanising line (CGL-1) at Angul, Odisha, enhancing its ability to supply value-added coated steel for automobiles, appliances, infrastructure, and construction — a big step in product diversification. Meanwhile, the market responded positively as the stock surged 4–5% on heavy volumes on September 3, 2025, also factoring in its recent ₹2/share final dividend declaration. 🧭 Sentiment Outlook & Investment Perspective Jindal Steel & Power is showing a moderately positive outlook, backed by a strong turnaround in profitability with margins and EBITDA improving, while its new galvanising line at Angul adds valuable capacity in coated steel for autos, appliances, and infrastructure — a move that strengthens its long-term product mix and earnings potential. The recent surge in trading volumes and price action highlights strong market participation, which can attract further momentum buying in the near term. However, risks remain in the form of softer revenues, exposure to the cyclical swings of steel prices and exports, and the possibility of short-term corrections after sharp rallies. In the short term, volatility may stay elevated as the stock digests its recent gains, but in the long term, the focus on higher-margin products and disciplined capacity expansion positions the company constructively for sustainable growth — making it a stock to watch with cautious optimism. 🚀 Bullish Momentum The stock is also riding on strong technical momentum, with a Bullish Marubozu candle and an Open = Low setup, both pointing to firm buying support. A Bollinger Band breakout following a BB squeeze indicates the potential for sharp price expansion. Adding to the momentum, an RSI breakout, combined with a powerful bullish candle structure, confirms the strength of the move. The setup even aligns with a possible Buy Today, Sell Tomorrow (BTST) opportunity, making the near-term trend look decisively bullish. 📊 STWP Trade Analysis – JINDAL STEEL JINDAL STEEL is showing strong momentum supported by volume. I will consider my entry near ₹1030 as part of a breakout setup. If the stock dips closer to ₹1015, I will look at that as a more conservative entry with tighter risk, which suits my swing trading approach. For me, the pullback level around ₹954.25 is an important support zone where buyers might re-enter, while the invalidation level near ₹910 would signal that my bullish view has failed. On the upside, I will be watching ₹1117 and ₹1205 as possible target zones if momentum continues. 🚀 ⚠️ Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment advisor, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading — whether in stocks or options — carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results. If you are a beginner, treat this as a guide to understand how the market works — practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades. Consult a SEBI-registered financial advisor before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments. 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover clean, structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. 👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.” 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:JINDALSTELLong
by simpletradewithpatience
APOLLO: C&H and Rounding Bottom BO: Chart of the Week NSE:APOLLO : The Cup and Handle Breakout That Finally Delivered After Multiple False Starts with Rounding Bottom Breakout on Daily TF Let's Analyze it in the Chart of the Week. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational 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. Price Action: • The chart reveals a sophisticated Cup and Handle pattern formation spanning from Late-2023 to August 2025, with the "cup" forming between 205-160 levels and the "handle" consolidating around the 180-200 zone • Multiple breakout attempts were witnessed - first in December 2024 with a King Candle formation, followed by another sharp rally in May 2025, both failing to sustain above the descending trendline • The current August 2025 breakout represents the third and most convincing attempt, breaking through both the descending resistance trendline and the horizontal resistance at 205-220 levels • Volume surge during the current breakout (119.95M vs average 54.33M) confirms institutional participation and validates the breakout authenticity • The curved line clearly marks the rounding bottom formation, indicating a gradual shift from bearish to bullish sentiment Volume Spread Analysis: Volume Pattern Insights: • Exceptional volume breakout with nearly 2.2x average daily volume during the recent surge • Volume accumulation visible during the cup formation, indicating smart money participation • Low volume during handle formation, suggesting healthy consolidation • Volume expansion coinciding with price breakout confirms institutional buying Key Support and Resistance: • Immediate Support Zones: - Primary: 220-225 (previous resistance turned support) - Secondary: 200-205 (handle formation base) - Major: 180-185 (cup formation low) • Critical Resistance Levels: - Near-term: 250-260 (measured move target from cup depth) - Intermediate: 280-290 (Fibonacci extension 1.618 level) - Long-term: 320-340 (cup and handle pattern target) • Base Formation: Strong accumulation base established between 160-220 over 18+ months Multi-Pattern Technical Setup: • Cup and Handle Pattern: Classic bullish continuation pattern with 18-month formation period • Descending Triangle Breakout: Successfully breached the falling trendline resistance • Rounding Bottom: Long-term reversal pattern indicating strong institutional accumulation • Volume Breakout Pattern: Exceptional volume expansion confirming price breakout validity Fundamental and Sectoral Backdrop: Latest Financial Performance: • Net profit surged 126% to Rs 19 crore in Q1 FY2026 compared to Rs 8 crore in Q1 FY2025 • Revenue growth of 46.5% to Rs 134 crore versus Rs 91 crore in the previous year, same quarter • Quarterly growth basis shows a 32.21% jump in net profits since last quarter • Market capitalization stands at approximately Rs 7,854 crores, reflecting strong market confidence Strategic Business Positioning: • Company is involved in more than 150 indigenous defence programs and 60 DcPP (Defence Capital Procurement Policy) programs as a sub-system partner • Specializes in ruggedized electronic hardware and software solutions for critical sectors • Strong focus on import substitution and Atmanirbhar Bharat initiatives • Diversified client base including DRDO, HAL, BEL, and other major defence contractors Sector Momentum Analysis: • Apollo Micro Systems gained 14.6% on August 22, 2025, demonstrating resilience amid market fluctuations • Stock has significantly outperformed the broader market year-to-date, reflecting strong performance in the Aerospace & Defence sector • Defence budget allocation increases continue to provide sectoral tailwinds • Growing focus on indigenous defence manufacturing creates long-term opportunities Market Participation Analysis: • High institutional interest is evident from volume patterns • Retail participation is likely to increase given the breakout visibility • Options activity expected to increase as the stock approaches higher price levels • Potential inclusion in small-cap/midcap indices could trigger passive fund buying Risk Assessment and Scenario Analysis: Technical Risk Factors: • Failed breakout history (December 2024 and May 2025) suggests caution is required • High beta nature means increased volatility during market corrections • Potential for profit booking at psychologically important 250 levels • Need for sustained volume to validate the breakout authenticity Fundamental Risk Considerations: • Defence sector dependency on government policy changes and budget allocations • Long procurement cycles are typical in defence contracts, affecting quarterly results • Competition from established defence majors and emerging players • Currency fluctuation impact on imported components and raw materials Full Coverage on my Newsletter this Week Keep in the Watchlist and DOYR. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍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. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes, it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational 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.
NSE:APOLLO
by Karanshah137
12
RLC going goodPrice was consolidating below a descending trendline (blue). It has now broken above it with momentum, suggesting a bullish breakout. • Entry Zone: Current price is around 1.3480 USDT after reclaiming the breakout area. The long entry zone starts above this breakout. • Stop-Loss Zone (Red Area): Placed below 1.3100 – 1.2500 USDT, with deeper support around 1.1770. This covers previous consolidation lows, protecting against false breakouts. • Target Zone (Green Area): The first target is around 1.4085 USDT (near resistance). The major target is 1.6296 USDT, extending up toward 1.72 USDT (previous highs). • Risk-to-Reward (RR): The setup looks to be a high RR trade, aiming for more than 2–3x reward compared to the risk zone. • Indicators: Short EMA (yellow) has crossed above the longer MA (blue), confirming bullish momentum. Volume has also picked up on the breakout, which strengthens the setup. 👉 Overall: This is a bullish breakout trade with stop-loss protection below recent supports and upside targets toward 1.62–1.72 if momentum continues.
Long
by The_Mosess
2
GBPNZD Market Outlook: Pound Strength vs Kiwi WeaknessGBPNZD Market Outlook: Pound Strength vs Kiwi Weakness GBPNZD Analysis Report 🔎 Technical Outlook The pair has shown a clear upward channel structure, followed by a sharp breakout with strong bullish momentum. After topping out, price shifted into a downward corrective leg, suggesting rebalancing after the impulsive rally. The ongoing structure indicates volatility within consolidation phases, where short-term cycles may lead to liquidity sweeps before direction clarity. Market rhythm shows that buyers remain active on dips, while profit-taking drives retracements. 🌍 Fundamental Outlook UK Side: The British Pound is being influenced by Bank of England’s cautious monetary stance, inflationary pressures, and slowing growth momentum. While rate expectations remain under review, GBP has retained relative strength against weaker currencies. New Zealand Side: The NZD faces challenges from lower dairy export demand, softer economic data, and RBNZ’s limited room for aggressive tightening. Commodity-linked weakness continues to weigh on the Kiwi. Global Macro: Broader risk sentiment (equities, commodities) also impacts NZD more than GBP, as investors adjust positions in high-beta currencies. Capital Flows: Markets are leaning toward GBP strength vs. NZD softness, driven by relative economic outlook and investor positioning.
Long
by XAU_EMPIRE
NETWEB TECH INDIA LTD – Cup and Handle Breakout | This chart of NETWEB TECH INDIA LTD (NSE: NETWEB) highlights a notable Cup and Handle pattern formation observed on the daily timeframe. The stock has just broken out above resistance with strong momentum (+9.96%). • Key Levels: • Support at 2,091.10 INR • Immediate resistance/supply zone at 2,293.05–2,580.95 INR • Target projected around 2,580.95 INR • Technical Insights: • Cup and Handle breakout with above-average volume • Fibonacci retracement and extension levels marked for confirmation • Potential for bullish continuation if breakout sustains • Monitor for price action near the supply zone and watch for profit-booking signals This setup provides a positive risk-reward for swing traders, but always ensure to manage risks and confirm with additional indicators.
NSE:NETWEBLong
by TradeTravel_Explore
RLMD — Breakout After 10-Month ConsolidationRLMD has finally broken out above its long-standing resistance after nearly 10 months of consolidation. The breakout is supported by good volume, which adds strength and reliability to the move. 🔑 Why This is Significant Long consolidation: When a stock trades sideways for months, it builds strong accumulation. Once price escapes the range, moves are often sharp and sustained. Volume confirmation: Breakouts on higher-than-average volume signal real demand, reducing the chances of a false breakout. Gap to fill: There’s a price gap up to $1.70. Gaps act like magnets — if the breakout holds, price often travels to fill them. 🎯 Levels to Watch Breakout trigger: $0.70 → needs to sustain trading above this level. Immediate targets: $1.40 → $1.70 (gap-fill). Invalidation: A daily close back below $0.70 would signal a failed breakout and likely return to consolidation. ✅ Conclusion As long as RLMD holds above $0.70, bias stays bullish with a possible gap-fill move toward $1.70. Traders should watch for retests of $0.70 acting as support, along with continued volume confirmation.
NASDAQ:RLMDLong
by ChartsBySachin
Tega Industries Ltd. (NSE: TEGA) – Technical Research ReportTega Industries Ltd. NSE:TEGA , a leading manufacturer of consumables for the mining and mineral beneficiation industry, has been exhibiting strong technical price action. The recent chart structure highlights the development of a Cup with Handle pattern on the daily timeframe – a bullish continuation pattern that often precedes significant upward moves when confirmed with volume. Technical Analysis Pattern Formation The stock has been forming a Cup with Handle since late 2024. The cup bottomed near ₹1,200 and recovered steadily to retest resistance at ₹2,010–2,020. A handle has been formed with a mild retracement, indicating healthy consolidation before a potential breakout. Breakout Zone Resistance: ₹2,010–2,020 (rim of the cup). A decisive close above this level on strong volumes would confirm the breakout. Moving Averages 50-day MA: ₹1,804.50 → Short-term support. 200-day MA: ₹1,583.48 → Long-term support. Current price action above both moving averages indicates strength in the ongoing uptrend. Volume Action Rising volume on recent up-moves suggests accumulation and institutional interest. A breakout supported by above-average volume would be a strong bullish confirmation. Price Projections The Cup with Handle target is derived by adding the depth of the cup to the breakout level: Breakout Level (Rim): ₹2,010 Cup Depth: ₹810 (2,010 – 1,200) Projected Target: ₹2,820 Key Levels Immediate Resistance (Breakout Point): ₹2,020 Immediate Support: ₹1,900 Major Support: ₹1,805 (50-day MA) Stop Loss (for traders): Below ₹1,805 Conclusion Tega Industries Ltd. is currently at a critical technical juncture. The Cup with Handle pattern suggests potential for a strong breakout above ₹2,020. If confirmed, the stock could head toward ₹2,820 in the medium term. Traders should monitor volume for confirmation, while investors may view this as a strong continuation signal within the broader uptrend. Disclaimer This report is prepared for educational purposes only and should not be considered as investment advice or a recommendation to buy/sell any security. Stock market investments are subject to market risks. Please conduct your own research or consult a certified financial advisor before making investment decisions .
NSE:TEGALong
by rajsharmatt
RLC BullishRLC/USDT – 4H Bullish Outlook RLC has broken out of the descending trendline and is showing early signs of strength. Price is currently consolidating just above the breakout zone, holding support around 1.23 – 1.25. 📊 Key Levels: • Support: 1.23 – 1.25, 1.17 • Resistance: 1.31, 1.33, 1.41 • Target Zone: 1.62 – 1.72 🔥 Bullish Scenario: As long as price sustains above 1.23 – 1.25, buyers may continue pushing higher. A breakout above 1.31 resistance would confirm further bullish momentum, opening the way toward 1.62 – 1.72. 📉 Invalidation: If price falls below 1.17, this bullish setup becomes invalid.
Long
by The_Mosess