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ENVIRO INFRA ENGINEERS VCP PATTERN **🚀 EIEL – Breakout After Base Formation | Trend Reversal Play** **Timeframe:** 1D **Current Price:** ₹263 | **Change:** +4.52% | **Volume Surge** 📈 **Technical Overview:** EIEL is showing a classic breakout from a long consolidation range after a prolonged downtrend. The price has recently crossed above the 50-day moving average (blue line), indicating a shift in momentum. Volume is rising sharply, confirming strong buyer interest. 🔍 **Key Observations:** * **Breakout Level:** Above ₹250-255 zone. * **Resistance to Watch:** ₹275–₹300 levels in the short term. * **Support Zone:** ₹225–₹235 (ideal pullback buying area). * **Volume Spike:** Strongest in recent months, suggesting accumulation. 🧠 **Trade Plan:** * **Aggressive Entry:** Current market price (₹263) with a tight stop-loss around ₹235. * **Conservative Entry:** Buy on a pullback to ₹240–₹245 range. * **Targets:** ₹275 → ₹295 → ₹320 * **SL:** ₹234 (closing basis) 📊 **Bias:** Bullish 📅 **Time Horizon:** Short to medium term (1–4 weeks) 💡 **Note:** Always use proper risk management and position sizing. This is a momentum-based setup; trail your stop-loss as price moves in your favor.
NSE:EIELLong
by DEVA435
KOTAK MAHINDRA BANK BREAK OUT ON MONTHLY CHART/ UPSIDE POTENTIALThis stock is out of consolidation of almost 5 years. keep an eye of this stock start accumulating this stock on this price range. 1997 will be sl and target 2400. Kotak Mahindra Bank has broken out of a **multi-year consolidation range** on the monthly chart. After several rejections near the 2,030–2,050 zone, the stock has now closed above this level with strong volume, indicating bullish momentum. **Key Observations**: * 📈 **Breakout Confirmation**: Price has closed above a major resistance zone around ₹2,050, which held for several years. * 🟦 **Support Zone**: The previous resistance (\~₹2,030–2,050) could now act as strong support. * 🔵 **Moving Average Support**: Price is well above the 20-period EMA (blue line), confirming trend strength. * 📊 **Volume Spike**: Volume supports the breakout, showing institutional interest. * 📈 **Trend**: Overall uptrend intact, with higher highs and higher lows since early consolidation phase. **Levels to Watch**: * **Immediate Support**: ₹2,030–2,050 * **Next Target**: ₹2,300–2,400 (previous highs and psychological zones) * **Stop Loss for Longs**: Below ₹1,930 (monthly low or below EMA * **Swing/Positional Trade**: Accumulate on dips toward ₹2,050–2,070 with stop-loss below ₹1,930. * **Investors**: Could consider this as a long-term entry opportunity post multi-year breakout. --- **Risk Disclaimer**: This analysis is for educational purposes only. Always do your own research and risk management.
NSE:KOTAKBANKLong
by DEVA435
GODREJ AGROVET (Weekly Chart)* **Structure Insight:** * **Price:** ₹814.95 * **All-Time High Zone:** \~₹900 * **Current Setup:** Tight **consolidation** near ATH — a **classic bullish base-building pattern**, indicating absorption of supply. * **Moving Averages:** * **20 MA (Blue)**: Rising and hugging the price, showing short-term momentum. * **200 MA (Red)**: Strong uptrend — long-term trend confirmed. * **Volume:** Noticeable spike during breakout attempts and base formation. **Volume supports accumulation.** --- 🔍 **Multi-Timeframe Confirmation (Daily Chart)** * **Golden Crossover:** 20 MA > 200 MA * **Price Action:** Holding above MAs after shakeout – tight range = potential **volatility contraction**. * **Volume Trend:** Rising on green candles, declining on red = bullish bias. --- ### 🎯 **Trading Plan (Swing / Positional)** | Element | Details | | ---------------- | -------------------------------------------- | | **Buy Zone** | ₹810–₹825 (on breakout or small dip) | | **Stop Loss** | ₹740 (below consolidation base + MA cluster) | | **Target 1** | ₹900 (previous ATH) | | **Target 2** | ₹1,050 (measured move from base) | | **Risk\:Reward** | \~1:2.5 minimum | --- ### 🛡️ **Risk Management:** * **Position Size:** Based on 1–2% of capital at risk. * Avoid chasing — wait for breakout **with volume** or dip near MA confluence. --- **Pro Trader Insight:** > “Consolidation near ATH with rising MAs and strong volume = a sign of strength, not exhaustion. Let the market show its hand — enter with precision, not prediction.”
NSE:GODREJAGROLong
by DEVA435
TIINDIA - Triangle formation on the dailyTIINDIA on the daily timeframe is forming a triangle pattern. Based on the Volume build up we have seen prior to this triangle formation and also how the price is currently consolidating above 3k level, I am expecting the stock to break to the upside. As long as we do not close below 2970 on the daily closing basis, expect to see 3 targets T1 - 3120 T2 - 3215 and T3 - 3350 Stop loss - loss of 2970 on Daily closing basis CMP is 3074. Risk is 96 points vs potential gain of ~(140 to 270 points)
NSE:TIINDIALong
by adkis