Marico Ltd view for Intraday 21st April #MARICOMarico Ltd view for Intraday 21st April #MARICO
Resistance 720-722 Watching above 723 for upside movement...
Support area 700 Below 710 ignoring upside momentum for intraday
Watching below 699 for downside movement...
Above 710 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Powergrid Corporation Ltd view for Intraday 21st April #POWERGRIPowergrid Corporation Ltd view for Intraday 21st April #POWERGRID
Resistance 310 Watching above 311 for upside movement...
Support area 300 Below 305 ignoring upside momentum for intraday
Watching below 299 for downside movement...
Above 305 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ITC Ltd view for Intraday 21ST April #ITCITC Ltd view for Intraday 21ST April #ITC
Resistance 429-430 Watching above 430 for upside movement...
Support area 420 Below 425 ignoring upside momentum for intraday
Watching below 419 for downside movement...
Above 425 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd view for Intraday 23rd April #RELIANCEReliance Industries Ltd view for Intraday 23rd April #RELIANCE
Resistance 1280 Watching above 1285 for upside movement...
Support area 1250 Below 1270 ignoring upside momentum for intraday
Watching below 1245 for downside movement...
Above 1270 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
SBIN Breakout Alert | Strong Volume + RSI Confirmation🔍 Chart Analysis Summary
Pattern: Stock has broken out of a clear consolidation range (highlighted in blue), suggesting bullish momentum.
Volume Spike: Notable surge in volume (blue arrow), confirming the breakout strength.
RSI: RSI has broken above the 60–65 zone, indicating strong bullish momentum.
Price Action: The breakout occurred above ₹775–₹780 resistance, now acting as support.
🟢 Recommendation: BUY
Action Level (INR)
Buy Above ₹785–₹790 (on minor dips or current price)
Target 1 ₹835
Target 2 ₹875
Stoploss ₹755 (below the breakout support zone)
for educational purposes only
JUSTDIAL LTD Falling Wedge (Bullish breakout)🔁 Chart Analysis Summary
Weekly RSI is reversing from oversold levels and shows bullish divergence.
Volume on breakout candle confirms strength.
Clear breakout above falling wedge indicates a trend reversal.
✅ Buy Recommendation
Buy above: ₹925 (Confirmation of breakout)
Target 1: ₹1,050
Target 2: ₹1,250
Target 3: ₹1,400+ (Long-term potential based on pattern projection)
❌ Stop Loss
SL: ₹840 (Below wedge support & recent low)
for educational purposes only
HDFC BANK S/R for 21/4/25Support 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.
NIIT 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.
Shilpamed , 1M Pattern is already Breakout Previously , Now we can Trade at Retest Point and it is also Forming a Channel pattern at Retest Point , we can Enter at Breakout of this Pattern in 1D timeframe .
Aim for 40% and Risk very Less.
we can see Bullishness at lower wick strongness in Monthly time frame
follow for More swing Ideas Like this
Bank of India (Swing):Bank of India (Swing):
BOI is on a nice setup.
Here the present position offers a trade with RR of more than 1:4.
Script is also well set for a significant up move by breaking the previous supply zone.
Appropriate buying and profit booking zones are highlighted.
Check out my earlier views for a better understanding.
Note: Do your own due diligence before taking any action.
Midcap Paint CompanyThe company is a leading paint company in India that produces a wide range of decorative paints. It is the first company to introduce category-creator products like Metallic Emulsions, Tile Coat Emulsions, etc. in the decorative paint market in India. The company has ~80%-90% market share in some of its differentiated products.
SBIN - Inverted Head and Shoulder - BreakOut- DailyThe chart clearly depicts Inverted Head and Shoulders (H&S)**, which is a **bullish reversal pattern**. Here's the updated analysis for **SBIN (State Bank of India)**:
---
### 🧠 **Pattern Recognition: Inverted Head & Shoulders**
- **Left Shoulder**: Formed in **early February 2025**
- **Head**: Deeper low formed in **early March 2025**
- **Right Shoulder**: Higher low formed in **early April 2025**
- **Neckline**: Around **₹785**, which has just been **broken on strong volume**
This pattern often marks the end of a **downtrend** and the beginning of an **uptrend**.
---
### 📏 **Measured Move Target**
- Neckline Breakout Level: ₹785
- Depth (Head to Neckline): ₹104.75
- **Target = ₹785 + ₹104.75 = ₹889.75**, which aligns almost exactly with the marked level of **₹888.90**
---
### 🔍 **Volume Confirmation**
- Volume has **increased notably** on the breakout candle, which is a **key confirmation signal** for H&S patterns.
---
### 🧱 **Support and Resistance**
- **Breakout support (neckline)**: ₹785
- **Next resistance levels**: ₹888.90 → ₹912
- **Downside support zones**: ₹775, ₹680 (head base), and major at ₹620.70
---
### 📌 **Summary**
- ✅ **Inverted Head & Shoulders** pattern confirmed
- ✅ Breakout above neckline with volume = bullish
- 🎯 **Target**: ₹889 (approx 11.5% upside from breakout)
- 🔄 Watch for potential retest at ₹785 for a low-risk entry
---
NESTLEIND - Range Bound -Box BreakOut -DailyThis is a technical analysis chart of **Nestle India Ltd. (NSE: NESTLEIND)** on a **daily timeframe**, and here's a breakdown of what it's showing:
---
### 📊 **Price Action and Pattern**
- **Range Bound (Accumulation)**: From around **November 2024 to mid-April 2025**, the price was consolidating between approx **₹2,135 (support)** and **₹2,342 (resistance)** — a classic **rectangle consolidation pattern**.
- **Breakout**: The stock has recently **broken out of this range** and is currently trading around **₹2,416.60**, suggesting a **bullish breakout**.
---
### 🔍 **Measured Move**
- The chart shows a **measured move target**:
- Rectangle height: ~**₹210.85**
- Breakout level: ~**₹2,342**
- **Target price** after breakout: ~**₹2,555.75** (highlighted in green)
This implies a potential **upside of 9%** from the breakout level.
---
### 🔊 **Volume Analysis**
- Noticeable **increase in volume during the breakout**, which confirms the **validity of the breakout**.
- Volume spikes have historically aligned with key price movements in this stock.
---
### 📌 **Key Levels**
- **Support**: ₹2,342 (previous resistance), and below that ₹2,135
- **Resistance**: ₹2,555, and further up at ₹2,765 – ₹2,778 (previous highs)
---
### 🧠 **Conclusion**
- **Bullish bias** post-breakout from the rectangular base.
- Potential for move towards **₹2,555**, with **volume support**.
- Traders might look for:
- Pullback to ₹2,342 for entry
- Tight stop-loss below support
- Target near ₹2,555 or partial booking en route
---
PPL PHARMA
PPL PHARMA
MTF MTF-Zone TREND MTF Analysis Logic Proximal
HTF Yearly UP PPL PHARMA Yearly Demand DBR 143
HTF Half-Yearly UP PPL PHARMA 6 Month Demand RBR 167
HTF Qtrly UP PPL PHARMA Qtrly Demand BUFL RR 167
HTF Average UP 159
MTF Monthly Down PPL PHARMAMonthly Demand BUFL 194
MTF Weekly Down PPL PHARMAWeekly Demand BUFL 194
MTF Daily Down PPL PHARMADaily Demand DMIP DMIP 187
MTF Average UP 192
ITF 240M Down PPL PHARMA 240Mn Demand DMIP 189
ITF 180M Down PPL PHARMA 180 Mn Demand DMIP 213
ITF 60M Down PPL PHARMA 60 Mn Demand DMIP 213
ITF Average UP 205
Trade Plan BUY PPL PHARMA ENTRY-1
Entry-1 213
Entry-2 187
SL 185
RISK 29
REWARD 126
Target as per Entry 339
RR 4.4
Last High 307
Last Low 181
Bajaj Finserv Ltd scending Triangle formation on the monthly📌 Trade Setup: Bajaj Finserv Ltd (NSE)
Pattern: Ascending Triangle
Timeframe: Monthly
Signal: Approaching breakout of horizontal resistance zone
✅ Buy Recommendation
Buy above: ₹2,075 (Monthly close above resistance confirms breakout)
Aggressive entry: ₹2,035 (Current level with early risk)
Target 1: ₹2,400
Target 2: ₹2,750
Target 3: ₹3,000+ (Long-term projection from triangle height)
❌ Stop Loss
SL: ₹1,850 (Below recent swing low and trendline support)
for educational purposes only
HDFC BANK: Consolidation Breakout of 48 months - is wait over?With Nifty reaching to 26k without the participation of HDFC bank made many investors un-comfortable.
However now, Looks like the wait is about to over as Monthly Consolidation for almost 48 Months - 4 years is visibly broken but yet to give confirmation on candle close.
If the April 2025 candle closes above consolidate area then it will further increase the possibility of 30% up move.
DISC: Only for education purposes. Please consult your financial advisor before making any decision.
AXISBANK – Classic Cup & Handle Breakout | Targeting 1280 & 1320🧠 Technical Analysis:
AXISBANK has formed a textbook Cup and Handle pattern over the past few months. The breakout above the resistance zone around ₹1199 marks a potential start of a new bullish rally.
🔹 Cup Formation: Rounded bottom between Dec 2024 - Apr 2025
🔹 Handle Formation: Consolidation range in Oct - Dec 2024
🔹 Breakout Candle: Strong bullish candle with increasing volume
🔹 200 EMA: Price is now well above the 200 EMA, adding to the bullish bias
🎯 Targets:
Target 1: ₹1280
Target 2: ₹1320
These levels are based on the measured move technique and previous swing highs.
🛡️ Support:
Immediate support lies around the breakout zone near ₹1199
Next strong support is near ₹1090 (200 EMA)
📊 Volume:
Breakout accompanied by a surge in volume confirms buyer interest and validates the pattern.
📌 Conclusion:
AXISBANK is showing strong bullish momentum with a confirmed breakout from a well-defined Cup and Handle formation. As long as it sustains above ₹1199, the stock could potentially rally toward ₹1280 and ₹1320 in the coming sessions.
📅 Keep it on your radar for bullish continuation setups!
Disclaimer:
This analysis is shared purely for educational and informational purposes and should not be considered as financial advice or a recommendation to buy or sell any security. Always do your own research and consult with a qualified financial advisor before making any investment decisions. Trading and investing involve risk.
Review and plan for 21st April 2025Nifty future and banknifty future analysis and intraday plan in kannada.
Quarterly results.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT