Positional Setup: Rainbow Children’s Medicare Ltd (NSE)
📍 Chart Analysis Summary
CMP: ₹1513.20
Structure: Strong breakout from a rounded base; retesting previous resistance zones
Volume: Gradual accumulation with spikes on breakout sessions
Momentum: RSI supportive of upside continuation
📊 Technical Levels (Positional Setup)
Support Zones: ₹1435 / ₹1370
Resistance Zones: ₹1575 → then ₹1710
Breakout Confirmation: Price has closed above consolidation zone with momentum
Setup Type: Base breakout + higher lows forming for several weeks
🎯 Positional Targets:
Target 1: ₹1575
Target 2: ₹1710
Target 3 (Extended): ₹1850+
Stop-Loss (Closing Basis): ₹1435
Vodafone Idea: Moving to a Buy trajectory
Vodafone Idea: Moving to a Buy trajectory
Recovered quite well from the support with back to back Greens as displayed on the Chart
Tough road ahead with multiple Red Band Resistances.
MACD is positive almost approaching an important level of 0.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
REL: Sitting at the major Red Band Resistance REL : Sitting at the major Red Band Resistance
It has to clear this to reach out to the important peak level of 1608 which happened last year almost the same time in July 2024 .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Sail : Approaching Near Resistance Sail : Approaching near Resistance
136 is the first resistance level to be watched out for and than major Red Band Resistance as displayed on the Chart
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
SWIGGY – Rounded Bottom Breakout with Volume SurgePattern: Rounded bottom
Breakout level: ₹345
Current price: ₹355.55 (+6.71%)
Volume: 24.64M (above 20-day average of 20.91M)
RSI: 66.27 – strong bullish momentum
Target: ₹409 (18 percent upside)
Stop-loss: ₹324
Invalidation: Close below ₹340 with volume
Context:
A well-defined rounded base has broken out with strong follow-through. Volume exceeds the average, RSI confirms momentum, and the breakout candle shows no selling pressure. A bullish divergence in RSI had already signaled accumulation before price action confirmed it. Coverage initiation by Morgan Stanley aligns with, but does not drive, the technical breakout.
Disclaimer:
This analysis is intended for informational and educational purposes only and does not constitute financial, investment, or trading advice. Trading and investing in equities involve risk, including the risk of capital loss. The pattern recognition and breakout setup described here are based purely on technical chart analysis, without consideration of the company’s financial statements, earnings outlook, or valuation metrics. Market conditions can change rapidly, and price targets or stop-loss levels may not be respected under volatile scenarios. Always consult your financial advisor and conduct your own due diligence before making any investment decisions.
Kronox LabsThe stock appears to have bottomed at the 140s level.
It broke the bearish trend by surpassing the key 160 level, followed by a successful retest.
Currently, it is facing minor resistance around the 180 zone.
A breakout above 180 could pave the way for a new high, potentially targeting the 230+ levels.
I'm not SEBI registered. It is not a financial advice, just an idea.