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Sanathan Textiles | Breakout After Rounded Bottom Setup Overview: The stock has formed a rounded bottom pattern, indicating accumulation and a potential breakout. Strong bullish weekly candle with a 10% gain and breakout above resistance box. RSI showing an upward breakout from oversold zone = bullish momentum building. Recommendation Buy Zone: ₹410–₹420 (current market price ₹417.60) Stoploss: ₹378 (below last higher low and box bottom) Target 1: ₹480 Target 2: ₹525 Target 3 (swing): ₹600+ ⏳ Ideal for swing to medium-term traders (1–8 weeks holding time). for educational purposes only
NSE:SANATHAN
by rmhetre15
Elliott Wave Analysis of DLF: A Technical PerspectiveHello friends, let's analyze the DLF chart on a daily time frame. Currently, we're observing a corrective phase, where the stock has completed a flat correction pattern (A-B-C) with a 3-3-5 structure. Following this correction, we've seen a significant drop, accompanied by a strong double divergence in the RSI indicator. Where Fibonacci Retracement of last long Rally on Weekly is near 50% - 55% which is less than 61.8% should consider as a Healthy Retracement As the price is currently moving upwards, completing wave counts, a breakout above the downward trend line would increase our conviction in the analysis. This analysis is for educational purposes only and not a tip or advisory. If the price breaks out and stays above the trend line while maintaining the low of 601, we can expect further upside momentum. However, 601 would remain a crucial invalidation level, and a breakdown below it would require us to reassess our wave counts. Key points: 1. DLF chart analysis on daily time frame 2. Flat correction pattern (A-B-C) with 3-3-5 structure 3. Healthy Retracement 4. Strong double divergence in RSI indicator 5. Breakout above trend line increases conviction (Which is pending yet) 6. 601 as invalidation level Please note that this is a Educational technical analysis post and not a recommendation to buy or sell. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:DLFEducation
by RK_Chaarts
SBI CARD – Breakout Watch | Trendline Resistance TestedSBICARD is currently at a crucial technical juncture. After a long consolidation and multiple rejections from a descending trendline (marked in grey), the stock is now attempting a decisive breakout on the weekly chart. 📊 Key Observations: Price has broken above a multi-year trendline resistance. Strong bullish candle. Breakout level around ₹860–₹870 — previously acting as supply zone. Volume pickup supports the breakout strength. Immediate target shown on chart is ₹1,065, which is ~22.78% potential upside from breakout. 🎯 What to Watch: Sustained weekly close above ₹870 could confirm breakout. Possible retest of breakout zone before next leg up. Stop-loss for swing traders can be placed around ₹820. 📌 Disclaimer: Not a recommendation. Do your own research and risk management.
NSE:SBICARDLong
by ProfitLossMereSath
Sundaram Finance | Falling Wedge Breakout with Strong Volume Pattern: Falling Wedge breakout followed by consolidation (bullish continuation). Breakout Confirmation: Clean breakout from both the wedge and the consolidation box with strong volume. Indicators: Volume: Spike visible (🔵 arrow) – confirming strength. RSI: Crossed above 60 – entering bullish momentum territory. EMAs: Price trading above all major EMAs – trend supportive. Buy Recommendation: Entry Range: ₹340–₹350 (Post-breakout retest may offer ideal entries if available) 🎯 Target Levels: Short-Term Target: ₹375 Mid-Term Target: ₹410–₹425 (Based on previous swing highs and wedge height projection) 🛑 Stop Loss: SL Level: ₹320 (below the consolidation box low) for educational purposes only
NSE:SUNDARMHLDLong
by rmhetre15
ICICI Prudential Life – Turning the Corner?After months of steady decline inside a falling channel, ICICI Prudential Life is showing early signs of reversal. The stock has recently broken out of its channel with a strong bullish weekly candle, closing at ₹571.70 with a +4.5% gain. Volume is picking up, and RSI is curling up above 40 with a bullish divergence—indicating momentum is building. Price is now near a key resistance zone (~₹590–₹610); a clean breakout here could confirm trend reversal. 📊 Financial Snapshot Net Premium Income: ₹10,169 Cr vs ₹9,465 Cr ⬆️ PAT: ₹226 Cr vs ₹221 Cr (flat YoY) VNB Margin: Healthy at 26.7% Embedded Value: ₹47,020 Cr Solvency Ratio: Strong at 211% AUM: ₹2.88 Lakh Cr 💡 Why Consider Buying? Reversal setup after long correction Attractive risk-reward near base Steady premium growth, strong solvency Long-term growth play on India’s underpenetrated life insurance sector 🚫 Risks / Why to Wait: Resistance at ₹590–₹610 still intact PAT growth has been flat Sector sentiment can be sensitive to interest rate trends 🎯 Trade Setup: Buy Zone: ₹565–575 Target 1: ₹610 Target 2: ₹660 Stop Loss: ₹540 for educational purposes only
NSE:ICICIPRULILong
by rmhetre15
2
Stock: BDL (Bharat Dynamics Ltd) – Positional Trade Setup📈 Chart Observations (1D timeframe): Price: ₹1,399.30 Recent Highs: The stock attempted a breakout above the ₹1,400–1,430 zone, which has acted as strong resistance since mid-2024. Previous Breakout Zone: The big rally from around ₹800 to ₹1,800 happened in early 2024, followed by a long consolidation. Structure: A cup and handle pattern is potentially forming, with the handle nearing completion. Volume (not visible): Should be checked for confirmation if you plan to enter. ✅ Positional Trade Setup Entry Zone: ✅ Aggressive: ₹1,395–₹1,405 (current levels) ✅ Safe Entry: On a daily close above ₹1,430 with good volume Targets: 🎯 Target 1: ₹1,520 🎯 Target 2: ₹1,650 🎯 Target 3 (long-term): ₹1,800+ Stop-Loss: 🛑 SL: ₹1,310 (below the recent swing low & handle support) Holding Period: 📅 4–8 weeks for initial targets Can trail SL for longer trend holding if ₹1,800+ is breached ⚠️ Key Levels to Watch: Support: ₹1,310 | ₹1,250 Resistance: ₹1,430 | ₹1,520 | ₹1,650
NSE:BDLLong
by RajputAmarjit
"IDFC First Bank: A Potential Swing Trade Setup – Key Levels to IDFC First Bank: Swing Trade Setup – Key Levels & Entry Strategy Market Overview: IDFC First Bank has recently pulled back after making an all-time high and is now testing a critical support zone on the monthly timeframe. This presents a potential swing trade opportunity, provided we see confirmation at key levels. Today's low is ₹52.60, and a break below ₹52.15 could signal further downside before a strong reversal. This trade setup focuses on taking advantage of liquidity grabs and price structure shifts. Step-by-Step Trade Plan 1. Key Price Levels & Structure Analysis 📌 Current Price Action: Market tested previous lows and showed signs of stabilizing. 📌 Breakdown Level: If ₹52.15 is breached, it could trigger further downside liquidity grab. 📌 Potential Entry Zones: Early Entry: Above ₹52.15, but only after confirmation of reversal signals. Safer Entry: If no confirmation appears, wait for a dip between ₹50 – ₹46. Liquidity Tap Zone: ₹42, where stop losses of many traders may be triggered before a potential upside move. 2. Profit Targets & Risk-Reward Ratio 📈 Profit Targets: 1️⃣ ₹58.65 – First short-term target. 2️⃣ ₹63 – Second target for a larger swing move. 📉 Stop-Loss Strategy: Place stop-loss near ₹42, below key liquidity zones. Adjust stop-loss as per risk appetite. 💡 Risk-Reward Calculation: Entry (₹52.15 - ₹50) Stop-Loss (₹42) Target 1 (₹58.65) → Risk-Reward Ratio ~ 2:1 Target 2 (₹63) → Risk-Reward Ratio ~ 3:1 3. Confirmation & Execution Plan ✅ Scenario 1 (Confirmation after ₹52.15 Breakout) – If price stabilizes above ₹52.15 with strong momentum, an early entry can be considered. ✅ Scenario 2 (No Confirmation) – If price continues to decline, wait for accumulation between ₹50 – ₹46. ✅ Scenario 3 (Liquidity Grab at ₹42) – If price taps this zone and rebounds strongly, it may signal a major reversal. Final Thoughts & Risk Management 🔹 IDFC First Bank is in a critical zone, where institutional buying could occur. 🔹 Patience is key – Wait for confirmation before entering aggressively. 🔹 Manage risk with a strict stop-loss – Avoid emotional trading. 💡 Will IDFC First Bank hold key support levels and push higher, or is a deeper liquidity grab needed before reversal? Let’s analyze further! 🚀📊
NSE:IDFCFIRSTBLong
by PRATHAPSIMHA
Nestlé India – Strong Buy Opportunity After 25% Correction! 🔎 Market Overview & Technical Structure Nestlé India has undergone a significant 25% correction from its all-time high, presenting a strategic investment opportunity. The stock has recently swiped a key monthly swing low and is now showing signs of potential upside movement. 📉 Stock Correction from High: All-Time High: ₹2,789 Previous Monthly Swing Low: ₹2,144.95 Recent Low: ₹2,110 Correction from High: ~25% (Approx.) Current Price: ₹2,250 💡 Why is This a Strong Investment Zone? ✅ Key Monthly Swing Low Taken – This indicates possible accumulation at lower levels. ✅ Six-Month Consolidation – Price has been trading in a range, signaling a potential breakout. ✅ Liquidity Sweep & Recovery – The stock recently hit stop-loss zones and rebounded sharply, suggesting selling pressure is reducing and buyers are stepping in. ✅ Range-Bound Structure – While it's not clear whether this consolidation is accumulation or distribution, as investors, we focus on potential upside. 📌 Trading & Investment Plan: 🔹 📍Entry Strategy: Breakout Traders: Enter when the price crosses & closes above ₹2,261 for a confirmation of trend continuation. Swing Investors: If the price retraces to ₹2,155, this would be an excellent long-term accumulation zone. 🔹 🎯 Target Projections: ✅ Target 1: ₹2,380 (Short-term) ✅ Target 2: ₹2,680 (Medium-term) ✅ Target 3: ₹2,880++ (Long-term Potential) 🔹 📉 Stop Loss: 🔺 Strict Stop-Loss: ₹2,110 (Recent Low) – Keeps risk under control while allowing room for volatility. 🔹 Risk Management & Position Sizing: Use proper position sizing based on risk tolerance. Avoid over-leveraging and maintain stop-loss discipline. 📢 Final Thoughts – Why This Trade Looks Promising? 📊 Nestlé India has corrected ~25% and is trading near key support zones. 📊 After a stop-loss hunt, the price has shown a sharp rebound, signaling bullish intent. 📊 A breakout above ₹2,261 could trigger further upside momentum. 🚀 Don’t Miss Out! ✅ Follow me for more expert stock insights! 👍 Like & comment if you found this analysis helpful! 💬 Let’s discuss in the comments – See you there! 📈
NSE:NESTLEINDLong
by PRATHAPSIMHA
Strong reversal seen in LIC HSG FIN ????Hi Guys ! • As it is clearly visible from the chart that in downtrend LIC Hsg fin has formed inverse H&S, not only formed but it has break the neckline also with good volume. • Now to participate in rally wait for another green candle which will also called confirmation candle. •Once it confirms then enter the trade and target will be 20%-21% from the first broken candle. • Don't get confuse between target and entry should be after 2nd confirmation candle. • Stoploss will be low of right shoulder which will be 10%-11%. ***This are all my personal views and thoughts and not any recommendations***
NSE:LICHSGFINLong
by investorragnarok
Stock Watch: AJAXENGG📈 Stock Watch: AJAXENGG 🗓️ Date: April 16, 2025 AJAXENGG is showing signs of strength after a long consolidation phase! 🔍 🔹 Breakout Alert: The price is breaking out from a tight range with increasing volume. 🔹 Trend: UP 📈 🔹 Investofino Trend: ✅ 95.86% (Strong Bullish) 🔹 Bullish Stats: 1W Return: 13.86% 1M Return: 11.87% 3W Tightness: 8.43% 🔹 RSI (14): 64.39 → Momentum is building 🔹 RVOL: 191.84% → Volume spike confirms the move 🔹 Buying Force: Still at 0% = Potential for fresh entry 🔹 Bull vs Bear Count (Recent 8:2) favors bulls! 💡 Note: CRS is below 1, so broader strength may still need confirmation. But technically, it's looking promising! 🚦 Rating: BUY 📊 Score: -2 (Early signal, watchlist candidate)
NSE:AJAXENGGLong
by xManinderSinghx