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GAIL 1H Chart Analysis (Trendline Breakout Setup)NSE:GAIL GAIL 1H Chart Analysis (Trendline Breakout Setup) The 1-hour chart of GAIL (India) Ltd shows a clean descending trendline breakout followed by higher lows, indicating strength building up. The price is consolidating just below a horizontal resistance around ₹193, forming a potential ascending triangle pattern. Trendline Breakout: Price has broken a long-standing descending trendline. Retest and higher lows have followed the breakout, showing bullish intent. Ascending Triangle Pattern: Horizontal resistance near ₹193 is tested multiple times. Rising trendline support suggests buyers are becoming aggressive. Volume Confirmation Needed: A breakout above ₹193.10 with volume would validate the bullish setup. Trade Setup: Buy Entry: Above ₹193.10 (confirmed breakout Stop Loss: Below ₹190.00 (below rising trendline) CLOSING BASIS Target 1: ₹196.85 (resistance zone) Target 2: ₹204.50 (swing high) The combination of trendline breakout and ascending triangle formation indicates a strong bullish continuation setup. Entry above ₹193.10 is ideal after confirmation, with targets up to ₹204 and risk well-managed below ₹190. Disclaimer: I am not a SEBI-registered advisor. The analysis shared is purely for educational and informational purposes only. Please consult your financial advisor before making any investment or trading decision. Trading and investing in the stock market involves financial risk. The author will not be held responsible for any losses incurred. @thetradeforecast NSE:GAIL NSE:NIFTY
NSE:GAILLong
by thetradeforecast
Indusind Bank post result# Result was terrible from all angles but markets are forward looking. More than 4000 crores oneoff. If one adds that PBT moves to 7500 crores which will not look that bad considering the valuation of less than 1 time fy 26 book value. # Entire media has turned cautious and brokerages have slashed price targets left right and center but to me the price action if you look at closing chart is not negative. In fact I would say all kinds of rumors and bad news of losses were thrown at the bank but the stock refuses to close below 750. # This is how stocks bottom and move up contrary to what market participants in general say. They say what they just saw but market works differently. The price action to me, and I could be wrong, is very bullish and i will not be surprised if in next 12 months the stock trades above 1200.
NSE:INDUSINDBKLong
by agrwal_amit
1
CDSL Chart Analysis – What’s Next After the Breakout?📊 Technical View: CDSL has shown a strong breakout above the ₹1350–₹1370 resistance zone. 🔍 What should we watch for next? 🔹 Possible Retest: The price may pull back slightly to retest the breakout zone around ₹1350–₹1400, which could act as a solid support before the next move up. 🔹 Volume Confirmation: The breakout was supported by decent volume, adding strength to the bullish structure. 📌 Conclusion: CDSL looks ready for a potential medium-term rally, backed by solid fundamentals and a breakout-backed chart setup. A healthy pullback might offer a great risk-reward opportunity. 📢 Disclaimer: This analysis is for educational purposes only. Please consult your financial advisor before making any investment decisions.
NSE:CDSLLong
by ayushishri
RIL S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:RELIANCE
by zenthosh
NAHAR POLY FILMS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:NAHARPOLY
by zenthosh