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Cup and Handle Breakout in THOMAS COOK (INDIA) LTDTHOMAS COOK (INDIA) LTD is showing a classic Cup and Handle breakout pattern on the daily chart. 🔍 Chart Highlight Breakout from the Cup's rim around ₹169.93 level. Strong bullish candle with +7.61% gain, backed by higher volume. Price sustained above the 200 EMA (₹163.85). Next potential resistance: ₹197.29, a previous swing high. Levels to Watch: Support Zone: ₹163.85 – ₹169.93 (200 EMA + breakout retest zone) Resistance Zone: ₹197.29 (next swing high) If the price retests and holds above ₹169.93, it could offer a good risk-reward opportunity with ₹197+ as the near-term target. Keep an eye on volume and any pullback toward the breakout zone. ⚠️ Disclaimer: This idea is for educational purposes only and not financial advice. Please do your own research or consult your financial advisor before making any trading decisions. Markets carry risk — trade wisely!
NSE:THOMASCOOKLong
by jeet20
BAJAJ ELECTRIC technical analysis Stock Overview: Bajaj Electricals Ltd. (BAJAJ ELECT.LTD) on the NSE exchange, current price: 686.70 INR. The company is a leading Indian manufacturer and marketer of electrical appliances, lighting, and fans, along with engineering and project services. Key Levels: Support Level: 488.70 INR Swing Level: 589.05 INR Possible Upside Levels: 1,227.30 INR 1,427.70 INR 1,683.00 INR Technical Indicators: - RSI (Relative Strength Index): The RSI is currently at 40.55, indicating neutral momentum. The stock is neither overbought nor oversold, suggesting a consolidation phase. - Volume: Volume trends are crucial for assessing price movement strength. While the image does not explicitly show volume data, monitoring volume spikes can help confirm breakout or reversal signals. Sector and Market Context: Bajaj Electricals Ltd. operates within the consumer goods sector, focusing on electrical appliances and engineering services. The sector has shown resilience due to urbanization, rising disposable incomes, and government-led infrastructure initiatives. The broader market has been bullish, recovering strongly post-pandemic, driven by economic fundamentals and investor confidence. Bajaj Electricals Ltd. benefits from these trends due to its diversified product portfolio and strong brand presence. Latest News and Developments: - Market News: Bajaj Electricals Ltd. has announced a strategic partnership with a global firm to enhance product offerings and expand market reach. - Analyst Ratings: Analysts have provided mixed ratings, with some recommending a hold due to market conditions, while others see long-term growth potential. - Quarterly Results: The company reported strong revenue and net profit growth, attributed to robust consumer goods sales and successful engineering projects. - Dividends: Bajaj Electricals Ltd. has declared a dividend payout of ₹3.00 per share (150%), reinforcing its commitment to shareholder value. Analysis Summary: Bajaj Electricals Ltd. exhibits solid sector performance, supported by favorable market trends and strategic initiatives. The identified key levels provide a framework for potential price movements. The RSI suggests neutral momentum, indicating a consolidation phase. Investors should consider the company’s strong quarterly results and strategic partnerships as positive indicators for future growth. However, market conditions and volume trends should be monitored for informed decision-making.
NSE:BAJAJELECLong
by TechnicalAnalystSucrit
DIVI’S LAB Weekly Chart – Primary Wave (3) in ProgressDIVI’S LAB is progressing within Primary Wave (3) after completing Wave (2) near ₹2,732. Intermediate Wave 5 (in red) is in play, targeting ₹7,400–₹8,000. Broader Primary Wave (3) may extend towards ₹10,250 based on 1.618 projection. 🌀 Primary Wave Count (Black Circles): Wave (1): Topped near ₹5,607 Wave (2): Bottomed near ₹2,732 Wave (3): Now underway and aiming for extended Fibonacci targets. 📈 Primary Wave (3) Fibonacci Extension Targets: (Fib measured from Wave (1) low to high, and projected from Wave (2) bottom) 1.0 = ₹7,383 1.618 = ₹10,258 2.0 = ₹11,482 (not marked, but can be considered later) 🔴 Intermediate Waves Inside Primary Wave (3): 1.618 is the most common target in extended wave 3s of a primary degree. The red-labeled wave count is the internal structure of this ongoing Primary Wave (3). Wave 5 (red) is likely targeting ₹7,478–₹8,000 zone, which would then complete Intermediate Wave (3), not the larger Primary Wave (3). ✅ Conclusion: Wave (3) still has room to extend much higher. Key Target: ₹10,258 (1.618 Fib extension). Current move is driven by Intermediate Wave 5 (red) within the larger Primary Wave (3). 🧠 Summary: Stock: DIVI’S LAB Chart Type: Weekly (NSE) Structure: Impulsive rally in progress Current Position: Inside Primary Wave (3), completing Intermediate Wave 5 Primary Target: ₹10,258 (1.618 Fib level)
NSE:DIVISLAB
by chartgola
Cup & handle Breakout - RPOWERCurrent Price: ₹58.10 Technical Analysis: Cup & Handle Breakout Pattern: The provided chart for RPOWER shows a pattern that resembles a Cup & Handle, with a recent breakout above the resistance level around ₹58.10. A confirmed breakout with strong volume is typically a bullish signal. Target: ₹3100 Time Frame: 3 to 6 Years. This is an extremely ambitious long-term target, implying a massive increase from the current price. Fundamental Analysis : Sales (Revenue from Operations): Sales have been volatile over the years, with a peak in Mar 2017 at ₹10,396 Cr., declining to ₹7,562 Cr in Mar 2020, and then showing a recovery to ₹7,583 Cr in Mar 2025. Operating Profit: Fluctuating, reaching a high of ₹4,506 Cr in Mar 2017 and a low of -₹2,823 Cr in Mar 2020. It has recovered to ₹2,108 Cr in Mar 2025. Net Profit: The company has reported significant losses for several years. It posted substantial net losses from Mar 2020 (-₹2,952 Cr) to Mar 2023 (-₹4,068 Cr). Crucially, Reliance Power has reported a positive Net Profit of ₹2,948 Cr in Mar 2025. This marks a significant turnaround from previous years' losses. EPS in Rs.: Corresponding to the net profit, EPS was negative from Mar 2020 to Mar 2023, but turned positive at ₹9.34 in Mar 2025. Compounded Sales Growth: TTM: -4%. 3 Years: 0%. 5 Years: -7%. 10 Years: 1%. This indicates recent flat to declining sales growth, despite the recent profit recovery. Compounded Profit Growth: TTM: 91%. 3 Years: 22%. 5 Years: 7%. 10 Years: %. The TTM and 3-year profit growth figures are very strong, largely due to the turnaround from losses to profit. Return on Equity (ROE): Last Year: 0%. 3 Years: -10%. 5 Years: -7%. 10 Years: -1%. Despite the recent net profit, the compounded ROE remains negative, which suggests that the company is still grappling with past accumulated losses impacting equity. Key Fundamental Observations: Turnaround in Profitability: The most significant fundamental development is the shift from consistent losses to a positive Net Profit of ₹2,948 Cr in March 2025, and a positive EPS of ₹9.34. This is a crucial change. Debt: While not explicitly shown in the provided Profit & Loss or Shareholding Pattern images, Reliance Power has historically been burdened by high debt. The recent profit might be linked to debt restructuring or asset sales. P/E Ratio: Given the recent positive EPS of ₹9.34 and current price of ₹58.10, the trailing P/E would be around 6.22 (58.10 / 9.34). This is very low if the profit is sustainable. However, given the negative historical EPS and the "T.T.M. Profit Growth" at 91%, the market may still be cautious about the sustainability of this newfound profitability. Corporate Actions: Debt Resolution: Reliance Power has been aggressively pursuing debt reduction strategies. This recent significant profit could be a result of asset monetization, debt settlements, or specific financial restructuring efforts. Fundraising: The company has previously raised funds through various mechanisms to address its debt and financial obligations. Company Order Book: For a power generation company, the "order book" primarily refers to its Power Purchase Agreements (PPAs). The stability and duration of these agreements are crucial for revenue visibility. The recent profit turnaround suggests some improvements in operational performance and potentially better PPA realizations. Latest News: News related to RPOWER would predominantly focus on its financial restructuring efforts, debt resolution, asset sales, and the operational performance of its power plants. The recent positive financial results would be a major highlight. Any new power projects or significant PPA signings would also be key news. Overall Assessment & Viability of Target: The technical Cup & Handle breakout pattern is generally bullish. The most significant fundamental factor is the remarkable turnaround to a positive Net Profit and EPS in March 2025 after years of losses. This makes the company's financial health appear much stronger than before. However, the target of ₹3100 from ₹58.10 within 3-6 years is still extremely ambitious (over 50x return). While the recent profit is a massive positive, for such a target to be credible, the company would need to: Sustain Profitability: Demonstrate consistent, growing profits over multiple quarters and years, not just a one-off. Continue Debt Reduction: Maintain a strong focus on further reducing its debt burden. Improve Operational Performance: Ensure its power assets are operating efficiently and securing favorable PPAs. Re-rate by Market: The market would need to significantly re-rate the company's valuation based on sustained growth and profitability, moving it from a 'turnaround story' to a 'growth story'. The "Compounded Sales Growth" being negative for TTM and 3/5 years indicates that the profit growth is currently more due to cost control, debt reduction, or non-operating income/asset sales rather than core revenue expansion. For sustained profit growth, sales growth also needs to improve. Conclusion: The technical pattern and the very recent fundamental shift to profitability are encouraging. However, the long-term target of ₹3100 is highly aggressive and relies on the company not only sustaining its newfound profitability but also achieving exceptional, compounded growth for several years. Investors would need to carefully monitor the consistency of future profits, debt levels, and core business growth. Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Investing in turnaround stories and highly volatile stocks carries significant risks. Always conduct your own exhaustive research, assess the company's current and future financial viability, understand all associated risks, and consult with a qualified financial advisor before making any investment decisions.
NSE:RPOWERLong
by sara54654
#ABB India | 1500-Point Move on the RadarAfter a strong breakout from the recent consolidation zone, ABB is showing renewed momentum with clear signs of accumulation and strength in trend. We're now anticipating a fresh 1500-point move based on technical structure and price action dynamics. Current Price: 5635 Mid-Point: 5452.50 Upside Targets: 6123.04, 6502.50, 6896.25 and7290.00 Downside Targets: 4783.28, 4402.50, 4008.75 and 3615.00 Support: 5164.05 Resistance: 5743.58 Disclaimer: This analysis is for educational purposes only. Do your own due diligence before acting on any trade plan.
NSE:ABB
by Abc_trades
8
Canara Bank – Breakout With Retest, Momentum BuildingBullish | Timeframe: 1Y | Type: Positional Swing Chart Setup: Canara Bank has broken out of a 15-month consolidation zone above the ₹112–₹114 resistance, which acted as a neckline. Price rallied sharply from the ₹85 base, and the breakout was supported by strong volumes and momentum. The most recent candle shows a shallow retest, with an intraday dip to ₹109 followed by a strong close above the breakout zone — classic confirmation of support holding. Measured Move Target: ₹150–₹160 Invalidation / Stop Loss: Close below ₹108 Rationale: Strong price-volume structure Retest of breakout zone successful PSU banking theme in favour Momentum intact above all major moving averages Disclaimer: This idea is purely for educational purposes and reflects a technical setup based on chart patterns and price action. It is not a recommendation to buy or sell securities. PSU banks can be volatile and sensitive to macro/policy triggers. Traders should manage risk independently, use stop-loss, and size positions based on personal risk tolerance. Always do your own due diligence before taking any trade.
NSE:CANBKLong
by eggubonda
1