Axis Bank Reversal SetupAxis Bank want to change its gear.
Demand Squeezed.
Breaking out of trendline support on Weekly basis.
Strong Fundamentals and technically well placed
YES BANK EXPECTED REVERSAL FROM 19-20 RSIndian Private Bank Yes Bank looking good here near to reversal. Current price is 20.84. we can clearly see yes bank at overbought phase from its high 32.85 and made 19 rs recent Low.so this is very attractive price . My target view is 24 rs to 27 rs in few weeks .
PNB Reversal Breakout ModePNB ready to change its gear
Breaking out of trendline support on Weekly basis.
Strong Fundamentals and technically well placed
NMDC BREAKOUTNMDC Eager to change its gear
Breaking out of trendline support on Weekly basis.
Strong Fundamentals and technically well placed.
IRCTC Reversal mode - Dow Theory and BreakoutIRCTC Eager to change its gear
Breaking out of trendline support on Weekly basis.
Strong Fundamentals and technically well placed
IRCTC in reversal modeIRCTC Eager to change its gear
Breaking out of trendline support on Weekly basis.
Strong Fundamentals and technically well placed
DMART STOCK IS TAKING REVERSAL FROM SUPPORTThe stock is now taking a bullish reversal, daily time frame stock price is taking a reverse swing.
RSI has given signals of bullish swing, Here the risk is high and the reward is high.
If we take entry here then our entry level will be 43, stop loss will be 35 and target will be 48.If We take entry here then our entry level will be 3829, stop loss will be 3550 and target will be 4280.
This is my view only for educational purpose. If you take entry in this then according to your risk reward.
EPL LTD - Range BreakoutNothing much to explain here. It's a continuation pattern breakout following a simple range break out strategy.
Trading levels are provided with one simple target.
Stoploss is always good to have.
Sandhar TechnologiesThe guidance by the management has been positive and since the stock has corrected, it seems to be in an ideal spot for some quick gains.
Descending parallel channel has been breached. On Daily timeframe it could be called the ABC pattern.
City Union Bank Limited (CUB)The daily chart of City Union Bank Limited (CUB) on the NSE shows the stock forming a rising wedge pattern, with the price approaching the upper resistance line near 185–190 INR. This suggests a critical juncture where a breakout above this resistance could lead to further bullish momentum, with potential targets at 195–200 INR. The RSI is nearing overbought levels at 67, indicating strong bullish momentum but also caution for a potential reversal or consolidation. The MACD is showing bullish signals, with the MACD line above the signal line and positive histogram bars, confirming upward strength. On the downside, immediate support lies at 175 INR, aligned with the lower trendline, and stronger support exists near 165 INR. Traders should watch for a breakout above 190 INR with increased volume for further upside potential, while a breakdown below 175 INR could indicate a corrective move. Given the rising wedge structure, caution is advised as these patterns can sometimes lead to reversals.
Piramal Enterprises Limited (PEL)The daily chart of Piramal Enterprises Limited (PEL) on the NSE shows the stock trading within an ascending channel, with the price currently testing the upper resistance trendline near 1,240–1,250 INR. A breakout above this level, supported by increasing volume, could signal further bullish momentum, with potential targets at 1,300–1,350 INR. However, the RSI is above 70, indicating overbought conditions, which may lead to a short-term correction or consolidation. The MACD is bullish, with the MACD line above the signal line and rising histogram bars, further supporting the upward trend. On the downside, immediate support lies at 1,200 INR, with stronger support around 1,100 INR if the stock faces rejection at resistance. Traders should wait for a confirmed breakout before entering long positions and consider cautious profit-taking or trailing stops, as overbought conditions suggest a risk of pullback. Consolidation between 1,200–1,250 INR would warrant close monitoring for breakout or breakdown signals.
NMDCThere are multiple patterns visible here and it seems a breakout is being prepared considering all the patterns.
I see a large triangle formation breakout inside which a Wolfe Wave was already working and some of you know how much I love the Wolfe Wave.
Further the price action has taken supports multiple time from the same trend line.
KRBL - Descending Triangel breakoutKRBL has shown a breakout from the Descending Triangle Pattern. But the follow up candle closed in Red. Keep this stock in radar and look for a upward movement.
USHAMART BULLISHHUSHA MARTIN LTD is looking strong upside.
Entry for swing trade
You can go for it after doing your own analysis.
entry price target and stop loss has been updated in the chart.
ONLY FOR EDUCATIONAL PURPOSE..!
Union Bank of India Triangle BreakoutThe stock is breaking out of a descending triangle pattern and has successfully retested the breakout level. A bullish momentum is expected as the retest holds strong, supported by rising volume and favorable technical indicators.
Trade Setup:
Entry: ₹126.06 (current price near breakout zone)
Stop Loss: ₹117.50 (below key support level)
Target: ₹159.88 (measured move based on triangle height projection)
Technical Observations:
200 EMA Support: The price has reclaimed the 200 EMA, indicating strong bullish sentiment.
RSI: The RSI is trending upwards near overbought territory but has room to rise further.
Volume: Increasing volume confirms breakout strength.
Strategy:
Long Entry: Enter above ₹126.06 after a breakout confirmation.
Risk-Reward: Favorable with a target near ₹159.88 offering significant upside potential.
Position Management: Trail stop loss once the price reaches ₹140 to secure profits.
CERA reversing from supportCERA price consolidated few session near support line, today it crossed consolidated zone with good volume and kind of W pattern break out
good for swing trade
ATULAUTO trendline BOATULAUTO price reversed from good support and trend line resistance break out happened today with good green and good volume
good for swing trade
SUNTV reversing and BO from inverted H&SSUNTV price consolidated near long support line for last few session,
today it has broken the consolidation high with good green close and huge volume.
swing buy for few session
ELDEHSG REVERSINGEldehsg is taking support , and today shown good green reversal candle with huge vol.
Expect good move in upcoming days
Reliance Power - Fresh UpmoveFresh tailwinds by orders could come to the company..
The company is looking to venture into green power and now the ban has again been removed.
With the company ban not been revoked expect them to get aggressive..
Long at current price with SL below 34.15. A second addition could be done above 42.
UNION BANK OF INDIA: Breakout Near ResistanceThe stock has recently broken out of a descending resistance trendline, indicating bullish momentum. The price is currently testing the 200 EMA, which aligns with a key horizontal resistance zone at 128. A close above this level with good volume will confirm further upside potential.
Reliance Infra - Removal of HeadwindsWith first the Delhi HC and now SECI removing the ban on RPower from Bidding for solar projects..expect the one headwind which had developed in early Nov to be gone
With that Reliance Infra could start a new move upwards...
Long at current prices with a double up above 295.
Stoploss to the trade would be 269.
RESPONSIVE INDUSTRIES -Channel Breakout in FormationThe stock has been trading within a well-defined downward channel, showing consistent bounces from the lower trendline near 240. A bullish breakout above 280 could lead to a sharp rally toward the upper boundary of the channel near 360, supported by increased volume. The 100 EMA is acting as a strong dynamic resistance around 275. RSI at 47 suggests improving momentum, with room for further upside before overbought conditions. A breakout confirmation above 280 will be key for the next upward move.
