


NSE:SOLARINDS Summary: 📈 Key Levels Breakout: Cleared resistance at 13,300 with a strong bullish engulfing candle. Pattern: Bullish Flag & Pole (pole size: 3,777.80 points) suggests a measured move target of 17,077.80. Trend: Price above 20/50/200 EMAs on daily, weekly, and monthly timeframes. Risk: Overbought RSI (14) and bearish MACD crossover hint at...
📈 CHART PATTERN: CLASSIC CUP & HANDLE Pattern Confirmation: Cup Formation: Rounded bottom with consolidation between support (~₹834) and resistance (₹915). Handle: Smaller pullback (bullish flag) near ₹915 resistance, validating the pattern. Volume: Declining volume in the handle, with a breakout spike needed for confirmation. 🎯 KEY LEVELS & TRADE PLAN 🚪...
📊 Chart Setup: ⏰ Time Frame: Daily 📈 Chart Pattern: Inverse Head & Shoulders (Bullish Reversal) 🎯 Key Resistance: 1908 – Price consolidating below this level! 🔥 Trigger: Wait for a high-volume breakout & close above 1908 to confirm bullish momentum. 🎯 Trading Plan: Entry: Long on confirmation candle closing above 1908 with surge in volume 📊. Stop Loss (SL):...
📊 Chart Setup: Consolidation Phase: Price is hovering near a crucial resistance zone at 5445, confluencing with a trendline parallel channel (Daily timeframe). Key Resistance: A decisive high-volume breakout above 5445 could trigger a strong bullish momentum. 🎯 Strategy: Entry: Long on close above 5445 with above-average volume confirmation 📈. Stop Loss (SL):...
Timeframe: Daily Key Levels: Resistance: 786 (neckline of Inverse H&S). Pattern & Context: -Inverse Head & Shoulders nearing breakout confirmation. -Price stabilizing post-gap-down, signaling potential bullish reversal. Confirmation Needed: -Breakout Candle: Strong close above 786 with elevated volume. Trade Setup (Post-Breakout): Entry: Retest/close above...
Context: Bullish pinbar closed above 12,173 (25/04/2025) but needs strong follow-through to confirm a breakout above the All-Time High (ATH) at 12,300. Entry Trigger: Buy Signal: Close above 12,300 (ATH) with volume surge (≥ 20-day avg) and bullish momentum (closing near day’s high). Invalidation: Rejection candles (long upper wicks) or consolidation below...
Chart Analysis: Sun Pharma has formed a textbook Inverted Head & Shoulders (H&S) pattern on the daily timeframe, signaling a strong bullish reversal. The pattern completed with a clean breakout above the neckline at ₹1,820 , accompanied by a surge in trading volume (highest in 2 weeks). This validates buyer conviction and sets the stage for a sustained upward...
ICICIPRULI (NSE: ICICIPRULI) is consolidating near a critical resistance level of ₹606. For a bullish setup: 🔹 Trigger: Wait for a strong green candle closing decisively above ₹606 with elevated volume to confirm bullish conviction. 🔹 Targets: ₹643 (Initial) → ₹668 (Mid-Term) → ₹701 (Extended) → ₹776 (Final Target). 🔹 SL: Low of the breakout candle (strict risk...
Hindustan Unilever (HUL) Trading Plan ▬▬▬▬▬▬▬▬▬▬▬▬ Context Gap Down Recovery: Massive gap down on 7th April followed by sustained upward momentum. Breakout Confirmation: Closed above key horizontal resistance (2295) and trendline confluence. Entry Strategy Organic Entry: Wait for retest of 2295 (now support) for bullish confirmation (e.g., bounce, volume...
Key Observations: Technical Setup – Trendline Resistance Breakout: Price is approaching trendline resistance. A confirmed breakout above this level, supported by a strong green candle and heavy volume , could signal a bullish acceleration. Fundamental Catalyst – Strong Q4 FY25 Results: - 69% YoY Revenue Growth: Driven by robust demand and enhanced store...
Key Levels: Support Zone: 50,750 Resistance Zone: 52,050 Pattern Context: Trading in a box range (flag & pole pattern). Breakout/breakdown from this range likely to dictate direction. Scenario Analysis: Bullish Breakout (Above 52,050): Potential upside continuation. Confirmation: Sustained closes above resistance. Bearish Breakdown (Below 50,750): Risk of...
Key Levels: Immediate Support: 22800 (trendline + horizontal confluence) Resistance: 23000 (recent consolidation high) Scenario Analysis: Bearish Breakdown: Close below 22800 could trigger further downside. Confirmation: Sustained selling pressure. Bullish Reversal: Price holding 22800 + bullish reversal pattern required. Confirmation: Break above 23000 with...
Kirloskar Oil Engines (NSE: KIRLOSENG) - Consolidation at Resistance, Eyeing Breakout Technical Observations: • Price consolidating near critical resistance zone (725-735) completing cup-and-handle pattern • Multiple tests of resistance showing accumulation potential • Breakout attempt imminent with pattern target at 929 Pattern Confirmation - Cup Depth: 600...
Clean Breakout with Volume Confirmation 🔍 Price Action Setup: ✅ Breakout: Cleared 219 resistance decisively Bullish Marubozu candle Volume surged to 2.5x average (strong institutional interest) ✅ Pattern Completion: Rounding bottom formation Measured move target: 250-255 📊 Key Levels: Support Zone: 214 (previous resistance now support) Breakout Level:...
Inverse H&S Forming on Daily TF – Price Testing Resistance Trendline. What’s Next? An Inverse Head & Shoulders (H&S) pattern is taking shape on the daily chart, suggesting a potential bullish reversal. Price is now testing a key resistance trendline—will it break through? 🔹 Bullish Confirmation: A breakout above resistance could confirm the pattern, targeting...
Hammer formed on Daily TF on a strong support area.
Nifty touched it's strongest support of 22,774 and closed above 22,900 today, which is a good sign. For any reversal, we need Nifty to close above 23,067. Daily TF analysis, if it breaks 22,798, we may see more downfall towrds 22,120.
BO done, Retest done, now let's see if this one blasts upwards or not ! I ma expecting a big move.