Tata Power is showing strengthTata Power's technical indicators suggest a strong buy signal based on moving averages and oscillators. Here’s a quick breakdown:
- Relative Strength Index (RSI): 65.04 (indicating bullish momentum)
- MACD: 3.38 (positive crossover, signaling upward trend)
- Moving Averages: All major SMAs and EMAs indicate a buy
- Pivot Points: Key support at ₹388.64, resistance at ₹398.69
Close Above 400 mark will be positive
- Short-Term Forecast: Technical analysis suggests support around ₹390 and resistance near ₹626, with a potential price target of ₹417.23 in the next two weeks.
ENDURANCE – Breakout from Supply Zone | Target ₹2136 ⚙️ ENDURANCE TECH LTD (NSE:ENDURANCE)
Time Frame: 15min / 1 Hour
📊 Trade Type: Positional / Intraday Momentum
📌 Buy Zone: ₹2042 (Above supply zone breakout)
🎯 Target 1: ₹2136
🎯 Target 2: ₹2287
🛑 Stop Loss: ₹1915
📈 CMP: ₹2022.60
📌 Chart Insights:
✅ Strong volume breakout from horizontal resistance
✅ Cleared EMA 9/13/26 crossover
✅ RSI > 60 indicates bullish momentum
✅ Bollinger Band breakout (BB %B > 1.00)
✅ Breaking above pivot R2 zone (₹2042) opens room to R3
⚠️ Strategy:
Enter on confirmation above ₹2042 with volume support on 15min or 1H timeframe.
Stop loss below breakout candle or EMA cluster around ₹1915.
Trailing stop as it approaches targets.
For Education Purposes Only
EICHERMOT (NSE) – Bullish Setup on 15min & 1H🔑 Trade Plan:
📥 Buy Above: ₹5485 (above current resistance & candle body highs)
🎯 Targets:
T1: ₹5527 (Pivot R1)
T2: ₹5555
🛡️ Stop Loss: ₹5380 (below 13 EMA & Supertrend support)
📊 Technical Signals:
RSI: 58.08 – Bullish momentum, still room to run
%B (BB): 0.77 – Close to breakout from upper band
EMA Crossover: 9 EMA > 13 EMA – Short-term bullish crossover confirmed
Supertrend: Support at ₹5322, aligning with bullish reversal
Volume: Spike during recent green candles signals strong buying interest
⚙️ Strategy Notes:
Use 15min chart for entry timing post breakout
Tighten SL to cost after T1 hits
Ideal for short-term intraday/swing traders
For Education Purposes Only
PB Fintech (NSE: 543390) Trade Setup📈 Breakout Watch | Price retesting key pivot at ₹1,745
Momentum building with RSI > 60 and bullish structure. Ideal for intraday or short swing.
🔵 Long Entry
Buy Above: ₹1,745 (Pivot breakout confirmation on 15m/1H candle close)
Target 1: ₹1,775 (minor resistance)
Target 2: ₹1,807 (next pivot)
Target 3: ₹1,869 (final swing target)
Stoploss: ₹1,720 (below previous candle low/support zone)
✅ Volume confirmation and RSI strength supporting move
🧠 Good for breakout traders looking for momentum continuation
🔴 Short Setup (if rejection from ₹1,745)
Sell Below: ₹1,730 (on rejection + bearish candle)
Target: ₹1,682
Stoploss: ₹1,745
📊 Indicators:
RSI: 65.7 → bullish, near breakout threshold
BB% B: 0.88 → strong bullish move near upper band
Life Insurance Corporation of India Ltd view for Intraday 16th MLife Insurance Corporation of India Ltd view for Intraday 16th May #LICHSGFIN
Resistance 850 Watching above 850 for upside momentum.
Support area 840 Below 840 ignoring upside momentum for intraday
Watching below 838 for downside movement...
Above 850 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
Rail Vikas Nigam Ltd view for Intraday 16th May #RVNL Rail Vikas Nigam Ltd view for Intraday 16th May #RVNL
Resistance 380 Watching above 380 for upside momentum.
Support area 370 Below 375 ignoring upside momentum for intraday
Watching below 369 for downside movement...
Above 375 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
Bharati Airtel Ltd view for Intraday 16th May #BHARTIARTL Bharati Airtel Ltd view for Intraday 16th May #BHARTIARTL
Resistance 1900 Watching above 1902 for upside momentum.
Support area 1850 Below 1870 ignoring upside momentum for intraday
Watching below 1846 for downside movement...
Above 1870 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
Reliance Industries Ltd view for Intraday 16th May #RELIANCE Reliance Industries Ltd view for Intraday 16th May #RELIANCE
Resistance 1460 Watching above 1462 for upside momentum.
Support area 1430 Below 1440 ignoring upside momentum for intraday
Watching below 1425 for downside movement...
Above 1440 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
ITC Ltd view for Intraday 16th May #ITC ITC Ltd view for Intraday 16th May #ITC
Resistance 435 Watching above 436 for upside momentum.
Support area 425 Below 430 ignoring upside momentum for intraday
Watching below 424 for downside movement...
Above 430 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
QUICK HEAL is on strong support zoneafter continuous fall, quick heal is trying to take a reversal from the support zone, took multiple times resistance at the same zone in the past.
Taking 100 EMA support on Monthly timeframe.
RSI is below 30 and showing positive cross over.
Good opportunity for investment with good RR.
Support zone: 250~270
Cup and Handle break out in Max Financial ServicesIt seems like Max Financial Services Limited is breaking the resistance line of the cup and handle pattern, that it has been forming for the last 3 years. A breakout from the resistance trendline can drive the stock to 1700 and 2000 targets, as indicated by the pattern.
Coming out of VCP tightness with decent volumesI am posting after a long time but nevertheless, here we go.
#Saregama is looking really nice as it is coming out of this recent tightness after multiple contractions on the daily chart.
When you put the volume, you could see that there is a decent contraction and finally a breakout with good volumes today.
#This is not a recommendation.
I have entered today @555, lets see how that goes.
Review and plan for 16th May 2025 Nifty future and banknifty future analysis and intraday plan.
Quarterly results.
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
HAL -Hindustan Aeronautics Ltd. (45 minutes chart, NSE) - LongHAL -Hindustan Aeronautics Ltd. (45 minutes chart, NSE) - Long Position; short-term research idea.
Risk assessment: High {volatility risk}
Risk/Reward ratio ~ 2.05
Current Market Price (CMP) ~ 4740
Entry limit ~ 4665 on May 14, 2025
1. Target limit ~ 4780 (+2.47%; +115 points)
2. Target limit ~ 4880 (+4.61%; +215 points)
Stop order limit ~ 4560 (-2.25%; -105 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
Intellect Design Arena Climbs Above Key Descending Resistance📊 Technical Analysis: Intellect Design Arena (NSE: INTELLECT)
🧠 Chart Pattern: Descending Resistance Line Breakout
The stock has been facing resistance from a descending trendline connecting multiple lower highs from March 2024 until now.
Recently, the price has closed just above this descending resistance line around the ₹1,020–₹1,030 level, indicating a potential breakout.
🚀 Breakout Details (May 15, 2025):
Close: ₹1,025.65
Day’s Move: +₹49.75 (+5.10%)
Volume: 1.88M — above average, supporting the breakout attempt.
📌 Technical Signals:
A break above the descending trendline resistance signals a possible end to the downtrend.
The increase in volume confirms the breakout attempt is backed by strong buying interest.
The stock has shown strong momentum, climbing steadily from lows near ₹600 earlier in 2025.
🎯 Potential Upside Target:
The breakout opens up room for a move towards previous highs around:
Target 1: ₹1,100
Target 2: ₹1,200+ based on earlier resistance peaks.
🛡️ Support Levels:
Immediate support is expected near the breakout zone around ₹1,000–₹1,020.
Holding above this trendline now turned support would validate the breakout.
Menon Bearings Breaks the Shackles! Trendline Resistance Smashed📊 Technical Analysis: Menon Bearings Ltd. (NSE: MENONBE)
🧠 Chart Pattern: Downtrend Breakout
The stock had been in a long-term descending trendline (resistance) since mid-2023.
After several months of lower highs, the price has finally broken above this descending resistance on strong momentum.
🚀 Breakout Details (May 15, 2025):
Close: ₹120.25
Day’s Move: +₹10.11 (+9.18% gain)
Volume: 412.5K — significantly above average, confirming strong buyer interest.
📌 Technical Signals:
Resistance Breakout: The trendline acting as a ceiling has now been breached convincingly.
Volume Confirmation: The surge in volume supports the validity of the breakout.
New Higher High: This move breaks the previous swing highs, hinting at trend reversal.
🎯 Potential Upside Target:
Based on the recent base range of ₹85–₹115 (~₹30), the projected upside target could be:
Target 1: ₹130
Target 2: ₹145+ (medium-term)
🛡️ Support Zone:
Post-breakout retest support near ₹108–₹110.