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SWANENERGY Weekly Chart Analysis – Potential Breakout Ahead?1.Trend Overview: The stock has been in a strong uptrend, reclaiming its previous highs. Currently trading near 731.95 INR, the price action suggests bullish momentum, with potential for a breakout above 750 INR, its key resistance level. 2.Key Levels: Resistance: 750 INR – A decisive breakout above this level could lead to new highs. Support: 600 INR – The stock previously rebounded strongly from this level, making it a reliable support zone. 3.Volume Analysis: Recent weeks have shown high trading volumes, signaling strong buyer interest. A continued rise in price with similar volumes could further confirm bullish sentiment. 4.Trading Strategy: For Bulls: Watch for a breakout above 750 INR with strong volumes for an entry signal. For Dip Buyers: Consider entering near the 600 INR support zone if the stock retraces. Use a stop-loss below 600 INR for risk management. 5.Caution: The stock has displayed high volatility, so position sizing and strict stop-loss placement are crucial.
NSE:SWANENERGYLong
by TraderChhabra
ZENSARTECH - BUYThis stock has following attributes 1) Price > 50 DMA 2) 50 DMA > 200 DMA and diverging 3) Dailiy vol > Avg 30 D Vol 4) Supertrend 14,3 Buy zone 5) ADX > 25 and rising - Momentum increasing Fibonacci retracement target # 1 - 873 onwards to 1009 where the stock can consolidated since weekly price action offer higher resistance then daily. Has a potential to break out the weekly price action and move northwards as per the daily price action Analysis for purely academic purpose and doesn't recommend investment
NSE:ZENSARTECHLong
by Darshan1971
Alpa Laboratories: Retest of Breakout Line with Strong RSIStock: Alpa Laboratories Ltd. Analysis: Alpa Laboratories is retesting its breakout line (uptrend resistance line) on the weekly chart, a critical level that could act as support. If demand emerges at this level, the stock has the potential to stage up to ₹144. and then later on more Additional Strength Indicators: RSI: Momentum remains strong, supporting a potential rebound. LPS TSS Indicator: Buy signal triggered on the hourly timeframe, suggesting near-term bullishness. Fundamental Highlights: Quarterly Net Profit: ₹8 Cr, reflecting a 32.9% YoY growth. FII/FPI Holdings: Increased from 0.36% to 0.74%, with the number of investors rising from 2 to 5. Institutional Holdings: Overall increase from 0.36% to 0.74%, signaling growing institutional confidence. Technical Setup: Retest Zone: The stock is at a crucial support level, testing its breakout line. Volume: Monitor for a rise in buying activity to confirm demand. Trade Plan: Entry: Near the breakout line retest zone with confirmation of demand. Target: Pullback to ₹144. Stop Loss: Below the support zone at ₹128 to manage risk. Note: Strong fundamentals, improving institutional interest, and technical buy signals make Alpa Laboratories a promising candidate for a pullback trade.
NSE:ALPALong
by ImranulHaqueNoor
SURYODAY SMALL FIN BK LTD MB The chart appears to be in an uptrend. This is indicated by the higher highs and higher lows throughout the chart. Wave Identification: * (w): This could be the initial impulse wave of a larger degree. * (x): This is likely a corrective wave, potentially an A-B-C structure. It retraced a portion of the move in (w). * (y): This seems to be another impulse wave, possibly the second wave of a larger degree. * (z): This could be the beginning of a corrective wave, potentially another A-B-C structure. MACD Indicator: * The MACD histogram is currently positive, confirming the uptrend. * The signal line and MACD line are crossing upwards, indicating a potential bullish crossover. Potential Outlook: * If the current structure holds, we could expect further upside in the (y) wave. * A break below the low of the (x) wave could invalidate the current uptrend. * The MACD indicator signals a potential continuation of the uptrend.
NSE:SURYODAYLong
by hitech1050
APOLLOHOSP for 8100? Bearish Crab Pattern is visibleCMP: 7193 On hourly TF, Bearish Crab Harmonic pattern is activated by breaking the swing high at 7150 levels. If this pattern has to mature, then, it will have to make a run towards 8100 levels (1.618% of the XA leg) As per this pattern, the ideal trade set up scenario is that, ONE SHOULD WAIT FOR THE PRZ (POTENTIAL REVERSAL ZONE) and initiate the trade in the opposite direction.. In this case, WE SHOULD WAIT FOR THE PATTERN TO MATURE AT 8100-200 LEVELS and take a SHORT trade with minimal Stoploss. For COMPULSIVE TRADERS who would like to take advantage of this possible/potential 1000 points move on the upside, the BEST Risk Reward is at around 7000-7050 levels with 100 points SL Although this up-move projection looks pre-emptive , it bodes well with my primary view of the 5th in play as explained in the post below and also the daily chart copied below with counts I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:APOLLOHOSPLong
by Murthy_Santhosh
KPIT Technologies Ltd. chart analysis The KPIT Technologies Ltd. chart, here’s a detailed analysis: --- ### 1. **Timeframe and Instrument** - **Instrument**: KPIT Technologies Ltd. - **Timeframe**: 4-hour chart. - **Candlestick Type**: Heikin Ashi Candles, which smoothen trends and filter out noise for better trend clarity. --- ### 2. **Key Indicators and Patterns** - **ATR Trailing Stops**: These are visible as the red and green lines above and below the price. This indicator helps identify potential stop-loss levels and trend direction. - Red = Downtrend - Green = Uptrend - **Support & Resistance Levels**: - Strong support around **₹1,283** (blue horizontal line). - Resistance near **₹1,537.95** (purple horizontal line). - **Chart Pattern**: - A falling wedge pattern is identified, which is typically bullish and suggests a potential reversal or continuation upward. - **Volume**: - Volume spikes are visible during significant movements, supporting the price action. --- ### 3. **MACD (Moving Average Convergence Divergence)** - The MACD shows bullish divergence (green annotation), where the price makes lower lows while the MACD line (blue) makes higher lows. This indicates weakening bearish momentum and a potential trend reversal. - The histogram transitioning from red to green confirms growing bullish momentum. --- ### 4. **RSI (Relative Strength Index)** - RSI has crossed **76.18**, which suggests overbought levels. However, in a strong uptrend, RSI can remain overbought for extended periods. - The upward trajectory of RSI indicates continued bullish strength. --- ### 5. **Trend and Zones** - **Bearish Phase**: - The chart initially shows a clear downtrend with falling prices and bearish candlestick patterns. - **Reversal Zone**: - After forming the falling wedge pattern near ₹1,283, the price broke out upward, supported by increasing volume and bullish divergence. - **Bullish Phase**: - The current uptrend is strong, as seen in the green Heikin Ashi candles and ATR Trailing Stop turning green. --- ### 6. **Actionable Insights** - **Entry**: - A breakout above ₹1,537.95 could signal further bullish movement. - **Stop Loss**: - Below ₹1,467.13 or the ATR trailing stop (green line). - **Target Levels**: - ₹1,600 (psychological level). - ₹1,680 or higher based on Fibonacci or past price action. - **Exit**: - Watch for RSI cooling off from overbought zones or MACD histogram turning red, signaling weakening momentum.
NSE:KPITTECHLong
by ramumaurya
(SWING) BUY UNICHEMLAB ABOVE @ 784.50(SWING) BUY UNICHEMLAB ABOVE @ 784.50 ---------------------------------------------------------------------- TARGET 1 🎯: 819.35 TARGET 2 🎯: 850.10 TARGET 3 🎯: 882.10 STOP-LOSS: 754.65(4%) Analysis: RSI is crossing above 40. Price is above 200 MA and Price is currently supporting the 50 MA. Note: Trade according to the Risk Management. Above targets is depends on your purchase price.. adjust the targets accordingly.. Risk/Reward ratio should be 1:3 or 1:2.. DISCLAIMER: All information on this page is for educational purposes only. We are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing and taking any decision. We are not responsible for any profit/loss you made.
NSE:UNICHEMLABLong
by vibhor198827
Sundaram Finance Ltd. Chart Analysis The technical analysis of **Sundaram Finance Ltd.** using multiple indicators and features, including **Heikin Ashi candles**, **ATR trailing stops**, **support and resistance levels**, and various oscillators like **MACD** and **RSI**. Here is a detailed breakdown of the key observations: --- ### **1. Price Action and Trend Analysis** - **Heikin Ashi Candles**: - The green candles indicate an uptrend, and the red candles indicate a downtrend. - There is a visible **falling wedge pattern** highlighted during the recent downtrend. A falling wedge is typically a **bullish reversal pattern**, which aligns with the price breakout seen at the end of the wedge. - **Support and Resistance Levels**: - Key resistance: Marked in purple (₹5,535.85). - Key support: Marked in blue (₹3,732.90). The price seems to have tested this support level during the recent downtrend and rebounded. - **ATR Trailing Stops**: - The red and green trailing stop lines show dynamic support and resistance. The price has shifted above the green ATR line, indicating a bullish reversal. --- ### **2. Volume Analysis** - **Volume Spike Indicator**: - The histogram shows increasing green bars during the upward movement, suggesting strong buying momentum. --- ### **3. MACD Indicator** - **MACD Lines**: - The blue and red lines represent the MACD and Signal lines, respectively. - The bearish divergence marked earlier (when the price made higher highs but MACD made lower highs) indicates weakening bullish momentum, which led to the correction. - The MACD histogram has turned positive again, signaling a bullish crossover and renewed upward momentum. --- ### **4. RSI (Relative Strength Index)** - **RSI Lines**: - The green line represents the RSI value (38.03 currently). - RSI is moving upwards from the oversold zone, which suggests a possible reversal in the trend. - Breaking above the midline (50) will further confirm bullish strength. --- ### **5. Pattern Highlight** - **Falling Wedge**: - The falling wedge is a strong reversal pattern, and its breakout suggests potential upward movement. - The breakout is supported by rising volume, adding strength to the pattern. --- ### **Key Insights and Forecast** 1. **Bullish Signs**: - Price has broken out of the falling wedge pattern with strong volume. - MACD bullish crossover and RSI moving out of oversold zones support a positive outlook. 2. **Resistance Levels**: - Immediate resistance at ₹4,450 (marked by ATR and prior consolidation zone). - Major resistance at ₹5,535.85. 3. **Support Levels**: - ₹3,732.90 remains a strong support. 4. **Caution**: - Watch for any pullback towards the support zone, especially if volume weakens or RSI fails to break 50. --- ### **Trading Strategy** - **Long Position**: - Enter on a retest of ₹4,000-₹4,100 zone (if confirmed with bullish candles). - Target 1: ₹4,450 | Target 2: ₹5,535. - Stop-loss: ₹3,700. - **Short-term Momentum**: - Monitor for MACD histogram and RSI strength to sustain.
NSE:SUNDARMFINLong
by ramumaurya