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.
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.
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**Risk Disclaimer**: This analysis is for educational purposes only. Always do your own research and risk management.
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.**
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🔍 **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.
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### 🎯 **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 |
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### 🛡️ **Risk Management:**
* **Position Size:** Based on 1–2% of capital at risk.
* Avoid chasing — wait for breakout **with volume** or dip near MA confluence.
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**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.”
Indian Market - HCL Tech looking for upside from hereDisclaimer : Do your own research before investing. This is just a chart analysis. No recommendation to buy and sell.
Starting of the year HCL Tech was at nearly Rs. 2000 mark. It came down to nearly Rs. 1302. Now getting consolidating at the current level. I can see an inverted Head and Shoulder Pattern in formation.
If the Market continue to support , it will go up.
I have shared the levels in the chart.
Mazdock - Cup pattern breakout and pullbackMazagon Dock Shipbuilders Ltd.
Cup pattern breakout and in pullback on Weekly timeframe.
Close within 52 week zone.
Strongly outperforming sectoral and benchmark index.
Decreasing Relative strength.
Close crossing last week low.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
L&T Finance : Daily Time Frame , Buy L&T Finance : In a Buy trajectory on a daily time frame. Very clean buy signal and a flawless run after a Buy Signal
200 will be an important level to test as mentioned in my other post.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
L&T Finance : In a Buy trajectory on a Monthly time frame L&T Finance : In a Buy trajectory on a Monthly time frame .
Trying hard to stay above and clear major the Red Band resistance.
Rs. 200+ would be an important milestone.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
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)