IDIA Range Accumulation – Bullish Only With Fundamental TriggerThe stock is currently trading inside a tight range, indicating a phase of consolidation.
📉 Buy Zone: ₹6.38
I’m planning to accumulate if price drops near this zone. From a technical view, it’s a strong demand area. However, for the bullish breakout to sustain, we’ll need strong fundamental support — like earnings, news, or sector momentum.
🔍 If fundamentals align, this could become a long-term multibagger setup.
✅ Strategy:
Wait for ₹6.38 zone
Accumulate small quantities
Hold for long-term with regular news tracking
💬 What do you think?
Would you wait for breakout or buy inside the range?
#TechnicalAnalysis #SwingTrade #LongTermView #SupportZone #BreakoutSetup #StockMarketIndia
Indianstocks
Cochin Shipyard – Key Level Retracement & Long SetupCochin Shipyard is perfectly retracing to a key support zone, showing strength for a possible bounce.
🔹 Entry: ₹2149
🎯 Target 1: ₹2543
📈 Potential Gain: ~18.3%
🕒 Plan: Holding position unless structure shifts
This setup aligns with the current trend — looking for a continuation after healthy retracement. Tight stop-loss recommended for capital protection.
💬 What's your view on this trade?
HDFC Accumulation Breakdown Setup?HDFC seems to be building an accumulation range with:
Range High: ₹1955
Range Low: ₹1908
Currently, price is consolidating within this zone. I'm biased to the sell side for now, expecting a potential breakdown below the ₹1908 level.
⚠️ No confirmation yet — it's a “wait and watch” scenario. A strong close below the range low could trigger momentum selling.
💬 What's your view on this setup?
Trent Ltd: Breakout or Fakeout?Trent Ltd: Breakout or Fakeout? Someone’s positioning — the question is which side.
Trent Ltd remains one of the more resilient players in India’s retail landscape. While broader consumer sentiment remains mixed, the company continues expanding its footprint, especially through its Westside stores and fashion vertical. Recent earnings have been stable, and institutional interest appears to be creeping back in — confirmed by a steady rise in volume.
Technically, we’re at a decision point. Price is testing a major descending trendline drawn from the all-time highs. So far, no breakout — but signs of accumulation are building. All major EMAs (50/100/200) are below the price, putting buyers firmly in control. Volume is rising on bullish candles, with no signs of distribution. RSI is holding above 50, climbing steadily, and showing a healthy impulse without overheating — plenty of room left for upside.
The key setup: wait for a confirmed breakout above the trendline, then a retest, and only after that consider entering. Targets, based on Fibonacci levels, line up cleanly:
tp1: 6337.60 (0.618)
tp2: 7484.65 (1.0)
tp3: 8301.40 (1.272)
Until then — this is a watching game, not a trading one. Momentum is building, the structure is clean — but confirmation is king.
India 50 Major Market Caution Signs Emerging!Any time you see multiple head-and-shoulders patterns forming on the chart often signals serious trouble ahead.
Stay vigilant for a break in the right shoulder of this massive head-and-shoulders pattern currently developing.
As a macro trader, I focus on the big picture—economics and long-term trends. While markets like India and long-term trading don’t get much TV coverage, my aim is to shift your perspective and enhance your trading strategy.
Follow this post to track how multiple head and shoulders patterns and a rising bearish wedge evolve over time.
Let’s ignite your curiosity and elevate your overall trading and investing.
Like, follow, and subscribe to join me in tackling these wild markets. Let's get to 5,000 followers!
Equity Research Report – NEWGEN SOFTWARE TECHNOLOGIESShort-Term View: A strong breakout above key resistance at ₹1,100 with volume surge indicates bullish momentum. Price reclaimed the 50 EMA after consolidation. RSI at 60.87 supports strength; next resistance lies near ₹1,193.90.
Long-Term View: Structurally strong after correction. Sustaining above ₹1,020 (50 EMA) may attract fresh buying. Long-term targets can stretch to ₹1,300+ if earnings and demand trends remain favorable.
Conclusion: Bullish momentum likely to continue both short and long term. Watch for volume confirmation and hold above ₹1,100.
For Education Purpose only
NIFTY Resumes Its Bullish TrendHello traders! Today we will talk about an Indian stock market exchange NIFTY 50, as we see nice and clean pattern from technical and Elliott wave perspective.
As you can see, NIFTY is in an impulsive bullish rise on the weekly basis, which looks like a higher degree wave 3 of an ongoing five-wave bullish impulse by Elliott wave theory.
After recent corrective slowdown in subwave (4), which perfectly tested channel support line and 38,2% Fibonacci retracement, we can now see it extending even higher, ideally for subwave (5) of a higher degree wave 3 that can push the price even up to 28k-30k area this year, just watch out on short-term pullbacks.
Equity Research Report – TIMKEN India Ltd 📌 CMP (May 2, 2025): ₹2,728
🧭 Sector: Industrial Bearings & Motion Solutions
📈 Signal: Breakout from falling channel with strong volume confirmation
🔹 Technical Summary
Breakout Pattern: Price has decisively broken out of a long-term falling channel after a 10-month downtrend.
Volume Spike: Breakout accompanied by significant volume spike (highest in over a year) – strong institutional interest.
Momentum: RSI has broken above resistance line (~55), confirming bullish momentum.
🧭 Trade Setup
✅ Buy Zone (Swing Trade/Positional)
Buy Above: ₹2,750
Target 1: ₹2,900
Target 2: ₹3,050
Target 3: ₹3,280
Stop-Loss: ₹2,490 (just below recent breakout candle)
Timeframe: 2–6 weeks
Risk-Reward Ratio: ~1:2.5 (good for swing setups)
🚫 Invalidation Level:
Breakdown and close below ₹2,490 on weekly timeframe.
For Education purposes only
Will NIFTY50 fall?Regarding NIFTY 50 Index
my expectation was that after a small growth, the g-wave from the diametric will be completed, then the price correction will start and the reason for it can be anything, definitely if the correction starts, the reason will be the war between India and Pakistan.
Normal:
The correction can continue up to the range of 23209-23456 and after spending the required time, start moving up. If this range is broken, the correction can end in the range of 22300-22700.
Pessimistic:
If the end of the wave-(D) is broken strongly, the upward movement that was formed from 21740 to 24593 will be considered as an X-wave and the wave-(D) will turn into a double pattern. Although the upward movement that formed from 21740 to 24593 does not have all the conditions of the X-wave, but when the market is not normal, we need to be a little flexible in our analysis.
What will be the second pattern of the double combination?
Usually, after the diametrics, the second pattern tends to be a neutral triangle or a contracting triangle or a reverse contracting triangle. But I will not comment on it now and wait for a few waves of the second pattern to form, then we can predict the pattern with more probability.
Good luck
NEoWave Chart
POWERGRID – Breakout Setup with Volume Spike📍 Entry Zone: ₹310.10 – ₹311.10
🎯 Target: ₹330.00
🛑 Stoploss: ₹302.00
📈 RSI has crossed above 60, volume confirms breakout momentum (🔵 arrow), and price is supported above key EMAs.
🔍 Strong bullish structure with clear higher lows and a clean breakout candle. Momentum shift confirmed with increasing volume.
For Education Purposes Only
Equity Research Report – Polycab India Ltd.✅ Buy Levels
Buy Above: ₹5,800 (post breakout confirmation)
Ideal Entry on Dip: ₹5,765–₹5,785
🎯 Targets
Timeframe Target 1 Target 2 Target 3
15-min ₹5,870 ₹5,950 ₹6,070
1-hour ₹6,070 ₹6,220 ₹6,427 (Fib 61.8%)
🔻 Stop Loss
Intraday SL: ₹5,720
Positional SL: ₹5,650 (below trendline support and 20 EMA)
For Education purposes only
KRYSTAL Integrated Services LtdTechnical View: KRYSTAL is consolidating between ₹520–₹550 after a rally from March lows. A breakout above ₹560 could target ₹600+, while a dip below ₹500 may weaken momentum. RSI shows moderate bullishness.
Fundamental View: FY24 revenue grew ~44% YoY to ₹981 Cr; net profit rose ~26% to ₹48 Cr. ROE ~18%, ROCE ~20%. Recently secured a ₹349 Cr 3-year contract from Tamil Nadu Medical Services.
Action Plan:
Short-term: Buy above ₹560, target ₹600.
Long-term: Attractive valuation; accumulate on dips ₹450–₹500 zone.
DIVISLAB | Strong Volume Breakout from Multi-Month Resistance 📈 Trade Recommendation:
✅ For Intraday:
Buy Above: ₹6,250 (on sustained breakout and volume)
Intraday Target: ₹6,350–₹6,420
Stoploss: ₹6,180 (below breakout zone)
📊 For Short-Term (1–2 weeks):
Buy on Retest: ₹6,200–₹6,250 (ideal risk-reward)
Target 1: ₹6,500
Target 2: ₹6,750
Stoploss: ₹6,050 (below retest support)
🔍 Technical Highlights:
Volume surge confirms breakout strength
RSI breakout above 70 indicates strong bullish momentum
Past resistance zone now acting as support on retest
OFSS Weekly | Bullish Harmonic Reversal & RSI Breakout | Short-T📈 Swing Trade Recommendation (Short-Term):
Buy Zone: ₹8,600–₹8,750 (on dips or on strength)
Target 1: ₹9,300 (initial resistance and round number)
Target 2: ₹10,200–₹10,500 (next harmonic resistance zone)
Stoploss: ₹8,050 (below recent swing low)
🔍 Technical Highlights:
Bullish Harmonic Structure forming with strong reversal from "C" to "D".
Volume breakout supports the current leg of momentum.
RSI bullish divergence and breakout confirms potential trend reversal.
For Education purpose only
Waaree Energies Ltd (WRTL)🛒 Buy Recommendation
Buy Zone: ₹2,180–₹2,230
The stock is trading close to a support zone near the 23.6% Fib level (₹2,305) and trying to break out of the falling trendline.
RSI has bounced from the oversold region and is near 50, indicating a possible reversal.
🎯 Targets (Short to Medium-Term)
Target 1 – ₹2,585 (38.2% Fibonacci level)
Target 2 – ₹2,810 (50% Fibonacci level)
Target 3 – ₹3,036 (61.8% Fibonacci level – major resistance)
Swing Target – ₹3,766 (100% Fibonacci level – recent high)
🛑 Stop Loss
SL: ₹2,050 (Below recent swing low & below trendline support)
Risk is around ₹180 from entry; ideal for a reward of 1.5x–3x on targets.
🔎 Additional Technical Signals
Volume: Increasing volume on green candles shows buying interest.
RSI: Forming a bullish divergence and heading upward.
Breakout Point: A daily close above ₹2,305 would confirm a breakout of the trendline and strengthen the bullish case.
for educational purposes only
ONE POINT ONE SOL LTD bullish reversal pattern✅ Trade Setup (Swing Trade)
📌 CMP: ₹62.21
🟢 Entry (Buy Zone): ₹60–₹63
🎯 Targets:
Target 1: ₹69.80 (Fibo 0.382)
Target 2: ₹78.50 (Fibo 0.5)
Target 3: ₹87.30 (Fibo 0.618)
🛑 Stoploss: ₹55 (below wedge breakout and recent support)
⚖️ Risk-Reward Ratio:
Entry: ₹62 | SL: ₹55 | Target 1: ₹70 → ~1:1
For higher targets, risk-reward improves to 2:1 or more.
for educational purposes only
ICICI Prudential Life – Turning the Corner?After months of steady decline inside a falling channel, ICICI Prudential Life is showing early signs of reversal. The stock has recently broken out of its channel with a strong bullish weekly candle, closing at ₹571.70 with a +4.5% gain. Volume is picking up, and RSI is curling up above 40 with a bullish divergence—indicating momentum is building. Price is now near a key resistance zone (~₹590–₹610); a clean breakout here could confirm trend reversal.
📊 Financial Snapshot
Net Premium Income: ₹10,169 Cr vs ₹9,465 Cr ⬆️
PAT: ₹226 Cr vs ₹221 Cr (flat YoY)
VNB Margin: Healthy at 26.7%
Embedded Value: ₹47,020 Cr
Solvency Ratio: Strong at 211%
AUM: ₹2.88 Lakh Cr
💡 Why Consider Buying?
Reversal setup after long correction
Attractive risk-reward near base
Steady premium growth, strong solvency
Long-term growth play on India’s underpenetrated life insurance sector
🚫 Risks / Why to Wait:
Resistance at ₹590–₹610 still intact
PAT growth has been flat
Sector sentiment can be sensitive to interest rate trends
🎯 Trade Setup:
Buy Zone: ₹565–575
Target 1: ₹610
Target 2: ₹660
Stop Loss: ₹540
for educational purposes only
levels to watch It's clear that analysts, the media, and others who seek the spotlight often try to explain why the markets moved in a certain direction. The irony, however, is that these explanations usually come after the market has already moved, making it obvious that they’re just linking the moves to some news event.
If you pay close attention, you'll realize that technical tools can provide valuable insights ahead of time, helping you predict how the market will behave and where it’s likely headed. For those who’ve read my past articles, you’ll notice I’ve already highlighted key levels for the Nifty index and the potential targets it could reach.
Whether there were tariffs or not, the market was bound to drop. But as I pointed out, the crash is being blamed on the tariffs.
As long as the markets remain below the 24,000 level, we can expect them to target 21,800 and possibly even lower in the coming weeks.
I had booked profits for some of my stocks around the 21,800 level and re-entered short positions at 23,800.
Indian market cannot go bullish until RUPEE becomes strong !a lot of analysts saying Dollar is going to week vs rupees but seeing technical chart, dollar is traded above 50 EMA and never come to touch since October. currently Dollar completed Symmetrical Pattern showing any upcoming momentum may happen, either bullish or bearish is just could say after seeing breakout/breakdown this pattern. To gain strength in Rupee it is required to give USDINR 50EMA breakdown or bearish crossover. Till then the rupee will remain weak and Indian stock market also.