GlenMark Pharma, 1DChannel Pattern in Daily Time Frame, Breaking Out Look eye on this ,
It is at Retest Point
Nifty is Also Trending and Bullish
Risk Very low and Make More Out of it
Follow for More Ideas Like This
Review and plan for 3rd April 2025 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Solid trade idea for Jai Balaji Industries Ltd (NSE: JAIBALAJI)Chart Summary 📊 (as of April 2, 2025)
Current Price: ₹139.77
Support Zone : ₹132–₹134 (marked in red on your chart)
Resistance Zone: ₹150–₹155 (immediate), then ₹175+
RSI: 49.05 — Neutral, poised for either reversal or consolidation breakout
Structure : Sideways consolidation after a strong downtrend; forming a potential base
Trade Idea 🛠️: Positional Swing Trade (Risk-Reward Based)
Buy Zone ₹138 – ₹141
Stop Loss ₹133.70 (as per chart)
Target 1 ₹155
Target 2 ₹175
Target 3 ₹223 (as per chart idea)
Risk-Reward ~1:3 (excellent)
Why This Setup Looks Good ? 🎯
✅ Price holding above key support (~₹134) for several sessions
✅ RSI is stabilizing near 50 — ideal for pre-breakout build-up
✅ Volume remains in check — accumulation possible
✅ Reward-to-risk ratio is favorable if SL holds
🔔 Trigger for Entry
You can enter gradually in the ₹138–₹141 zone
Watch for a break above ₹143–₹145 with volume → confirms breakout
Avoid trade if price closes below ₹133 with red candle and volume
BANDHAN BANK LONG SETUPTechnical Analysis
Chart Observations:
Price: Closed at ₹151.53
Candle: Strong green candle, breaking recent resistance
Volume: Healthy volume (approx. 4.92M) — confirms price action
RSI: 61.59 — bullish but not yet overbought, still room to go
Structure : Ascending structure since early Feb 2025 — higher highs and higher lows forming.
Key Levels
Immediate Resistance L: ₹153.50–₹155 Watch for breakout confirmation
Major Resistance : ₹163–₹165 Gap area and previous breakdown zone
Support : ₹147–₹148.5 Last consolidation area
Strong Support : ₹141.50–₹143 Higher low and volume cluster
Trade Setup:
1. Breakout Play
Entry: ₹153.60+ (on strong candle & volume)
SL: ₹147.90
Target 1: ₹158
Target 2: ₹163+
2. Pullback Entry
Entry Zone: ₹147.50–₹149
SL: ₹144.50
Target: ₹153 first, trail after
Additional Chart Insights:
RSI is in bull zone (above 60) — shows growing momentum
Structure resembles an inverse head & shoulders in formation — bullish reversal pattern
Volume spikes seen on bullish days — demand is active
CHEMPLASTSPrice is taking support of trend line so now it's near support area possible
chances that it will move upper side
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered
ChemplastsPrice is taking support of trend line so now it's near support area possible
chances that it will move upper side
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered
ACE breaking of 200DMA Action Construction equipment limited a reowned company in the infrastructure sector which has its major business in supplying cranes to construction has given a slight breakout in the 200DMA line which is considered a good uptrend when backtested.
Stock was not moving as there was dumping of cranes by chinese companies so april 6 the Govt of india may levy a anti dumping duty which will be a huge positve for the stock
TCS, Blue Chip IT Sector Stock around SupportTCS, a blue-chip stock, is currently trading at a support level.
bse ltd 6050bse 6050
Bombay Stock Exchange (BSE) is one of the oldest stock exchanges in Asia, established in 1875. It is headquartered in Mumbai, India, and serves as a major platform for trading stocks, bonds, derivatives, and other financial
Reversal in Godrej Properties.On monthly Time frame, Godrej Properties is taking support at golden zone of Fibonacci retracement. Weekly closing above 2203 will the entry and closing below 1950 will be the SL. Expecting new high in coming months.
Please note: This a Monthly setup so it will be long term Investment. Will keep on adding quantity and weekly basis.
DABUR : Going Long for about 1.25% of the net capitalTook this position for about 1.25% of the net capital. Will consider adding on to the position if price crashes to the lower trendline of the shorter time-frame descending channel.
As of now, targeting the high of the HTF channel for a move of about 35% from the entry level.
📢📢📢
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
Pitti engPitti is showing a strong pattern, signaling upward momentum with a potential target of 1250 in the coming sessions!
BseBSE is showing a strong technical setup, forming a bullish pattern with increasing momentum. Could lead to a rally toward 6100 in the coming sessions!
Lancer : Is this bottom already ? Lancer : Is this bottom already ? Back to back greens.
MACD : A slight positive cross over has ultimately happened .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
SAIL1. SAIL is taking strong support at this zone, given the market condition is exremtly volatile.
2. Volume is gaining
3. RSI momentum indicator is gaining strenth
4. candles are very small few days, where we get low risk trades
Do your own anlysis before invest.
if this is usful then please encourage myself with your comments and booster
NCC - NCC LTD (2 hours chart, NSE) - Long PositionNCC - NCC LTD (2 hours chart, NSE) - Long Position; short-term research idea.
Risk assessment: High {volume & support structure integrity risk}
Risk/Reward ratio ~ 4.9
Current Market Price (CMP) ~ 212.70
Entry limit range ~ 212.50 to 209.50 (Avg. - 211) on April 02, 2025 at 12:53 PM.
1. Target limit ~ 223 (+5.69%; +12 points)
2. Target limit ~ 233 (+10.43%; +22 points)
Stop order limit ~ 206.5 (-2.13%; -4.5 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observation notes
= important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value
Indoamin ready to blastNSE:INDOAMIN
Stock have consolidated and formed a strong base. Stock is expected to move to 200 inr in 2-3 months . You can study this stocks for your upcoming GAINS 💰💰
DMart Charts showing strengthThe chart pattern assisted by all-time low valuations for DMart makes it worth studying.
The levels are marked clearly.
This isn't a recommendation. I intend to pass my knowledge of technical analysis through the published charts.
Conduct your own research before investing.
PNBHOUSING|Buy if close above 900 with SL below 835 |Target 1245Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Lauruslabs 15mins TFIn daily TF it looked weak. in 15 mins it gave a reversal from the 200ema.
i have shorted it with targets 590, 570
stoploss - 606 above close in 15mins or 5mins.
lets see how it goes
BAJAJ AUTO | LONG | SWINGBAJAJ AUTO is showing a good Bullish signal. The buyers look to be in charge as the price has broken out from the lows of 7600 price levels with continuous HL & HH formations.
I've taken an option trade for a Target to 8300 price level.
P.S. Not a recommendation. Pls do your own research.
