CHENNPETRO - 7 months DOUBLE HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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ITDCEM - Breakout ConsolidationITD CEMENTATION
Gap-Up breakout with Huge Volumes.
Consolidating in FLAG pattern on daily time frame.
NEWS - ITD Cementation shares jump 12% after ₹593 crore order win.
www.cnbctv18.com
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
KIRIINDUS - 4 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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ATGL SWING TRADE SETUP📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Follow us for Live Market Views/Trades/Analysis/News Updates.
EXIDE INDUSTRIES SWING TRADE SETUP 📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Follow us for Live Market Views/Trades/Analysis/News Updates.
IREDA SWING TRADE SETUP📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Follow us for Live Market Views/Trades/Analysis/News Updates.
CUMMINS INDIA SWING TRADE SETUP📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Follow us for Live Market Views/Trades/Analysis/News Updates.
JK CEMENT RISING WEDGE BREAKOUT A 9%+ up move at a higher side of rising wedge, since it's on the wrong side breakout, we should be cautious and wait for more reactions. Trading is mostly psychology and a patience game. Stick to your rules and let market commit with you first and then you commit to the market.
CDSL Stock Analysis (as of May 26, 2025)CDSL Stock Analysis (as of May 26, 2025)
Key Observations:
• Current Price: ₹1,462.30 (+0.47%)
• Day’s Range: ₹1,445.00 (Low) – ₹1,474.70 (High)
• Volume: 42M (indicating moderate activity)
• RSI (14, High): 66.79 (approaching overbought but not extreme)
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Trend Analysis:
1. Short-Term Trend (1D Chart):
o Bullish – The stock is trading above key moving averages, with higher highs and higher lows.
o Resistance (Short-Term): ₹1,474.70 (Today’s High) → Breakout above this could target ₹1,500.
o Support (Short-Term): ₹1,445 (Today’s Low) → A drop below may test ₹1,420-1,435.
2. Long-Term Trend (Weekly/Monthly):
o Uptrend Intact – The stock has been consolidating between ₹1,320-₹1,474. A breakout above ₹1,475 could signal a strong bullish continuation.
o Major Support (Long-Term): ₹1,372 (Key Swing Low) → A breakdown below this may shift trend to neutral/bearish.
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Trade Setup:
Buy Entry (Long Trade):
• Ideal Entry: Near ₹1,445-₹1,435 (if retested with RSI cooling off).
• Confirmation: Bounce from support with volume increase.
• Target: ₹1,474 → ₹1,500 (Breakout Zone).
• Stop Loss: Below ₹1,420 (Risk Management).
Sell Entry (Short Trade – Caution Advised):
• If Rejection at ₹1,474-₹1,475: Short with tight stop above ₹1,480.
• Target: ₹1,445 → ₹1,420.
• Stop Loss: ₹1,485 (Only if RSI shows reversal signs).
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Conclusion:
• Bias: Bullish as long as price holds above ₹1,435.
• Aggressive Traders: Can consider buying dips with proper risk management.
• Conservative Traders: Wait for a confirmed breakout above ₹1,475 for stronger upside.
RSI Note: At 66.79, the stock is near overbought but not extreme. A pullback to reset RSI could offer a better entry.
Final Verdict: Buy on Dips (₹1,435-₹1,445) for a rally towards ₹1,500.
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Disclaimer: This is not financial advice. Always conduct your own analysis before trading. We are not responsible for your loss. Do your own research before buying this stock.
HCCHCC is on the verge to give triangle breakout provided that it sustains and closes above 31.5. I observed increased market participation. It may face bit of resistance near 36 level and above that it has a potential to go up to 45 levels. But closes below 28.5 may change my view for the stock. Again I'm saying that sustaining above 31.5 is very crucial. Keep a closer watch on how it reacts near this levels.
Potential Reversal and Breakout Retest.Entry Zone: We recommend initiating a BUY position in AIA Engineering Ltd. around the current levels, ideally between ₹3,280 - ₹3,320. This area represents a retest of the recent trendline breakout.
Target 1 (T1): ₹3,400
Target 2 (T2): ₹3,480
Target 3 (T3): ₹3,580 (If momentum sustains above T2)
Stop Loss (SL): ₹3,200 (Strictly on a closing basis)
Trendline Breakout & Retest: The stock recently broke out of a significant descending trendline, indicating a potential end to the corrective phase. The current price action appears to be a successful retest of this broken trendline, which often acts as new support, presenting a lower-risk entry point.
Volume Confirmation: The initial breakout was accompanied by higher volumes, and while the retest phase has lower volumes (typical), sustained buying interest on subsequent upward moves would confirm strength.
RSI Bounce from Support: The Relative Strength Index (RSI) is showing a bounce from the 40-50 zone, indicating that momentum is regaining strength and potentially moving towards the bullish territory.
Positive Structure: The overall chart structure suggests that the stock is attempting to reverse its short-term downtrend and potentially resume its broader upward trajectory.
Favorable Risk-Reward: The current setup offers a reasonable risk-to-reward ratio for a short-term trade, with potential for upside gains outweighing the defined risk.
Key Risk: A close below ₹3,200 would invalidate the bullish retest scenario and could lead to further downside, bringing the previous lows into play. Traders should adhere strictly to the stop-loss.
Equity Research Flash – BEML Ltd.CMP: ₹3,242.10 | Breakout From Falling Trendline
BEML has decisively broken out of a falling trendline and is now sustaining above a key consolidation zone. With strong bullish candles, a rising RSI, and healthy volume spike, the stock signals bullish momentum. Immediate resistance lies at ₹3,420–₹3,480. Sustained move above could target ₹3,750+. 20/50 EMA crossover supports the upward trend. Traders may consider entries on dips with SL near ₹3,080.
For educational purposes only
Equity Research Flash – Hexaware Technologies Ltd.CMP: ₹722.35 | Bullish Momentum Post Trend Reversal
HEXT shows a bullish breakout from a falling trendline, with RSI near 60 and strong volume uptick. The price reclaimed the 0.5 Fibonacci level, eyeing next targets at ₹749.85 (0.618) and ₹793.35 (0.786). Fundamentally strong with robust revenue growth, improving ROCE (26.4%), and low debt. A move above ₹750 could trigger further upside. Accumulate on dips with SL at ₹688.
Recommendation: Positive | Buy on Dips Near ₹700
For Education Purpose only
Kei Industries Ltd view for Intraday 26th May #KEI Kei Industries Ltd view for Intraday 26th May #KEI
Resistance 3480 Watching above 3485 for upside momentum.
Support area 3400 Below 3440 ignoring upside momentum for intraday
Watching below 3390 for downside movement...
Above 3440 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