RISHABH: Cup & Handle Break & Retest1. The Macro Perspective: The Brutal Washout and The Cup
I am taking a LONG bias on Rishabh Instruments Limited (RISHABH) on the weekly (1W) timeframe.
When analyzing pure market structure, the most lucrative macro trends are born from deep, exhausting accumulation phases. Look at the massive structural development spanning this chart. Following a steep and agonizing markdown phase throughout 2024, the stock crashed down into the 200-220 zone. This brutal correction successfully washed out weak
Rishabh Instruments Limited
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In-depth trading ideas
Rishabh Instruments Ltd - Breakout Setup, Move is ON...#RISHABH trading above Resistance of 769
Next Resistance is at 1137
Support is at 601
Here are previous charts:
This weekly chart for Rishabh Instruments Limited displays a strong bullish breakout from a consolidation pattern, supported by significant volume and structural trendline context.
Chart Overview
Timeframe & Asset: Rishabh Instruments Limited (1-Week Chart, NSE).
Current Price: 829.60 INR (+12.34% change shown on the chart header).
Key Technical Observations
Horizontal &
Buy Today, Sell Tomorrow for 3–5% – BTSTRISHABH INSTRUMENTS LIMITED — BTST BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined — Helping You Plan Your Trade With Confidence.
📊 Stock Strength: 65/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
🔄 Trade Type: BTST
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🎯 TRADE LEVELS
ENTRY: ₹809
🛑 STOP LOSS
ATR SL: ₹753
🎯 TARGETS
T1: ₹860
T2: ₹925
T3: ₹997
──
Buy Today, Sell Tomorrow for 3–5% – Daily Breakout Setup**RISHABH INSTRUMENTS LIMITED — BTST BREAKOUT SETUP**
Entry, Stop Loss & Targets Are Clearly Defined — Helping You Plan Your Trade With Confidence.
📊 **Stock Strength: 75/100**
*(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)*
A bullish breakout has appeared on the **1D timeframe** with positive price action and strong volume expansion.
🔄 **Trade Type: BTST**
🎯 **TRADE LEVELS**
**ENTRY: ₹745.20**
🛑 **STOP LOSS**
**ATR SL: ₹691.77**
🎯 **TARGETS**
**T1: ₹7
#RISHABH - VCP BO in DTF Script: RISHABH
⚡Key highlights: 💡
📈 VCP BO in DTF
📈 Volume spike during Breakout
📈 New 52WH
📈 RS Line making 52WH
📈 MACD Bounce
If you have any doubts about the setup, drop a comment and I’ll reply.
✅ Boost and Follow to never miss a new idea!✅
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
⚠️Disclaimer: I’m not SEBI Registered RA.
⚠️Not a BUY or SELL recommendati
$RISHABH: Strong Trendline Breakout & Bullish MomentumOverview: Rishabh Instruments (NSE: RISHABH) has shown a remarkable recovery and is currently riding a strong bullish wave on the daily (1D) timeframe. After a prolonged downtrend and a significant gap-down phase, the stock has successfully reversed its trajectory and is now trading near the ₹660 level, demonstrating solid buyer interest.
Key Technical Observations:
Trendline Breakout: The price action has broken out of the primary descending resistance line, shifting the market structure from
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline breakout in RISHABH
BUY TODAY SELL TOMORROW for 5%
Rishabh Instruments cmp 553.80 Weekly Chart since listedRishabh Instruments cmp 553.80 Weekly Chart since listed
- Support Zone 450 to 530 Price Band
- Resistance Zone 565 to ATH 635 Price Band
- Volumes spiking in good sync with vg traded qty
- Cup & Handle + Rounding Bottoms or considerate VCP
- Breakout from Falling Resistance Trendline well sustained
Rishabh Instruments — Operating Leverage | Target ₹850–950# Rishabh Instruments — Operating Leverage Inflection | Target ₹850–950
**NSE: RISHABH | CMP ₹512 | MCap ₹1,979 Cr | Timeframe: 12–18 months**
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## Business Model
Rishabh Instruments is a Nashik-based precision instrumentation company operating across three segments:
- **EEI (Electrical & Electronics Instrumentation)** — Panel meters, current transformers (CTs), power quality analyzers. Claims to be the largest CT manufacturer in the world. High-margin, IP-driven business with 60–70% gros
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in RISHABH
BUY TODAY SELL TOMORROW for 5%
Rishabh Instruments cmp 394.35 by Daily Chart view since listed*Rishabh Instruments cmp 394.35 by Daily Chart views since been listed*
- 420 to 426 Resistance Zone Price Band
- *Stock seems to have bottomed out at ATL 348.90 to 351 band*
- Volumes are seen to be spiking by good quantity on alternate days in the past week
- Daily basis Support at 381 > 364 > ATL 348.90 with Resistance seen at 422 > 446 > 467
- *Price seems sustaining above Falling Resistance Trendline for continued fresh upside momentum*
Rishabh Instruments LtdFundamentals:-
Market Cap ₹ 1,355.
Book Value ₹ 146
Graham Number ₹ 175
Intrinsic Value ₹ 258
Industry PE 56.1
Stock PE 39.2
ROCE 9.81 %
ROE 8.25 %
Promoter holding 70.2 %
Pledged promoter 0 %
Debt ₹ 57.6 Cr.
Reserves ₹ 521 Cr.
Piotroski score 6
Technical:-
Price Breakout above 380 and retest on the "White Trendline".
Resistance are marked with Red horizontal lines.
Targets and Stoploss as marked on the Chart.
Levels are:-
Breakout above 380
Long Above 380
Stoploss 340
Tgt 460 - 540 - 615















