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ASTRA MICROWAVE LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:ASTRAMICRO
by zenthosh
Apollo Hospitals – Inverted Head & Shoulders BreakoutChart Pattern: Inverted Head & Shoulders Timeframe: Daily Breakout Level: ₹7,565 Target: ₹8,980 Potential Upside: +18.7% Stop Loss: ₹7,250 Volume: Strong breakout volume confirms institutional activity RSI: 71 – Momentum strong, no signs of exhaustion or divergence Technical Thesis: Apollo Hospitals has completed a multi-month inverted head & shoulders pattern with a breakout above the ₹7,565 neckline zone. The structure developed over 8 months, showing accumulation and basing under resistance. The breakout is supported by the highest volume since Oct 2023 and a clean bullish candle. There is no visible supply zone until the ₹8,800–₹9,000 area, suggesting potential for a swift move. Trade Plan: Entry: On breakout above ₹7,565 or on pullback to ₹7,450–₹7,500 (if offered) Target: ₹8,980 (based on measured move projection) Stop Loss: ₹7,250 (below neckline and prior range low) Risk:Reward: ~3.5:1 Disclaimer: This chart and analysis are intended for educational and informational purposes only. This is not a recommendation to buy, sell, or hold any financial instrument. The views expressed are based on technical patterns and personal interpretation and may not reflect actual market movement. Always do your own research and consult your financial advisor before making any trading decisions. Trading in equities involves risk of capital loss.
NSE:APOLLOHOSPLong
by eggubonda
IDBI BANK LTD - for Long-Term🚀 Breakout Alert! IDBI Bank has finally broken out of a multi-year resistance zone that was acting as a strong supply area since 2010. The breakout is supported by significant volume, indicating strong institutional participation. 🟩 Structure Highlights: Price has broken above the long-term horizontal resistance trendline (marked in grey). Monthly candle shows solid strength despite some profit booking from ₹105 levels. Volume spike suggests buyer confidence. 📈 Potential Upside Targets: Target 1: ₹140 (≈36.67%) Target 2: ₹185 (≈81.57%) Target 3: ₹250+ (≈149.35%) in the longer term, replicating past breakout moves. 📉 Support Zone: ₹88–95 (former resistance turned support). Any retest around this zone can offer good risk-reward entry. 📌 Conclusion: This breakout marks the end of a decade-long consolidation. As long as the price holds above ₹88 on a monthly closing basis, the uptrend looks intact. Ideal for positional swing traders and long-term investors watching for multi-bagger potential.
NSE:IDBILong
by ProfitLossMereSath
Motisons Jewellers Swing Trade Setup🟢 Motisons Jewellers Swing Trade Setup 📅 Entry: ₹22.08 on June 29, 2025 🎯 Target: ₹30 (Upside ~36%) 🛑 Stop-Loss: ₹21.25 (Tight) / ₹20.60 (Moderate) 📈 Trend: Bullish breakout above consolidation zone 🔍 Signals: Strong momentum, RSI ~66, trading above key moving averages 📊 Next Levels: Breakout zone: ₹22.20 Resistance: ₹24.50 → ₹30 Key support: ₹21.25 → ₹20.60 💡 Strategy: Trailing SL as price moves; watch volume for confirmation. ⚠️ Disclaimer: This is not investment advice. The analysis is for educational purposes only. Please do your own research or consult a financial advisor before making any trading decisions.
NSE:MOTISONSLong
by junaid210
SBICARD: Bullish Butterfly Harmonic Pattern - @Godfreystocks77Technical Analysis The butterfly pattern is forming, with the PRZ at 882 as the 1.272 extension of the XA leg from the recent drop to 914.50 (July 2 close). With the stock at 909.30, it’s near support around 900-905. A reversal zone (e.g., 905-900) is key for entry confirmation—look for a bullish candlestick or RSI upturn. The 52-week high of 1,027.25 remains a long-term target if momentum builds. Fundamental Catalyst On July 2, 2025, SBICARD fell 2% (-0.32%) to 914.50 after Goldman Sachs downgraded it to 'Neutral' from 'Buy', setting a 1,006 target (8% upside). The move follows a 30% six-month rally, raising valuation concerns (P/E > 46) and credit cost focus. Despite a 5% drop in five days and a GST notice (Rs 81.93 crore ITC disallowance), Goldman sees strong medium-term growth, supporting a bullish case. Market Sentiment The downgrade tempers short-term optimism, but active trade (25 lakh shares) and institutional backing suggest resilience. A reversal above 910 could trigger the butterfly pattern, targeting 882, with potential to reach 1,006 if fundamentals improve. Trade Idea Entry: 905-900 on reversal confirmation (e.g., bullish candle at support). Target: 882 (PRZ), with a stretch to 1,006. Stop Loss: 895 (below support). Risk/Reward: 1:2.5. Wait for reversal zone before entry. Follow @Godfreystocks77 for updates! Monitor volume and news on GST or trade deals to confirm the setup.
NSE:SBICARDLong
by godfreystocks
1
Relaxo Footwears - Breakout from Long Range with Strong VolumeRelaxo Footwears ne daily chart par ₹455 ke aas-paas ek lambi consolidation range (₹370–₹455) se breakout diya hai. Is breakout ke saath significant volume spike bhi dekhne ko mila, jo strong price action ko support karta hai. 🔍 Chart Highlights: • Price ne multi-month resistance ₹455 ko tod diya hai • Volume breakout ke din highest in recent months • RSI indicator 60 ke upar cross kar chuka hai — bullish momentum • 200 EMA approx ₹539 par hai — potential resistance 📊 Interpretation (Educational Purpose Only): Ye breakout strong price structure aur buying interest ko reflect karta hai. Agar price is level ke upar sustain karta hai, to momentum continuation ki sambhavna ho sakti hai. 200 EMA agla key level hai jahan price reaction de sakta hai. ⸻ ⚠️ Disclaimer: I am not a SEBI registered advisor. This chart analysis is for educational and informational purposes only. It should not be considered as investment advice. Please consult a certified financial advisor before making any trading decisions.
NSE:RELAXO
by ELEARNSTOCKTRADER
JK Paper Breakout Above 200-DMA | Bullish Momentum with Volume📌 **Stock:** JK Paper Ltd 🕒 **Timeframe:** Daily Chart 📈 **Pattern:** Price breakout above 200-DMA with volume confirmation JK Paper has shown a strong bullish breakout above the 200-DMA for the first time in months. The breakout candle is supported by a sharp rise in volume. RSI is also trending above 60, indicating strong bullish momentum. 📍 **Entry Zone:** Above ₹396 🔻 **Support Levels:** ₹360 / ₹320 🎯 **Trade Plan:** If the stock sustains above ₹396, we can expect further upside. Traders may look for a retest near the breakout level before fresh entry. Risk management is crucial. ⚠️ **Disclaimer:** I am not a SEBI registered advisor. This analysis is shared only for educational and informational purposes. Please do your own research or consult a certified professional before making investment decisions.
NSE:JKPAPERLong
by ELEARNSTOCKTRADER
1