SHYAM METALICS – Breakout Zone Alert Price is approaching a key resistance zone (~₹950) after breaking out of a descending channel with strong volume and RSI confirmation.
This setup indicates potential bullish continuation.
📌 Trade Plan:
Buy above ₹955
Stoploss: ₹915
Target 1: ₹1,010
Target 2: ₹1,065
Sell below: ₹915 (only if price rejects resistance with volume)
Reasoning:
Price broke long-term downtrend
Strong volume and RSI > 60
Clean resistance breakout in sight
For Education Purposes Only
SAIL : After a fantastic Buy Signal ,sitting at a Red band SAIL : After a fantastic Buy Signal ,sitting at a Red band resistance as displayed in the Chart
Closed above 200 SMA with a nice green Candle .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
INDIGO - Resistance Zone with RSI Divergence| Possible Reversal?Stock is currently testing a strong resistance zone around ₹5649, which has previously acted as a supply area. Despite bullish momentum, the RSI is showing bearish divergence, as marked by red arrows, each price high is not supported by a higher RSI peak.
🔍 Key Observations:
Price is at previous swing high zone.
Bearish RSI Divergence indicating possible momentum loss.
Volumes are not confirming a breakout yet.
Risk-Reward setup looks favorable for short-side trade if rejection seen.
🧠 Plan:
Watch for price rejection at this level.
Short below ₹5580 with SL above ₹5650.
Potential target around ₹5150-5200 zone (previous support).
🕵️♂️ Wait for confirmation candle before entry. This setup is ideal for short-term positional traders with strict risk management.
TARIL : In a Sell trajectory, created a support at 460 TARIL : In a Sell trajectory, created a support at 460 . It could not clear the Red Band resistance and ultimately turned into a sell 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 .)
RBL bank showing positive price action on weekly chatDown trend in RBL bank terminated by forming a CUP & Handle Pattern(also 200SMA Breakout was there) ,Breakout of this pattern was in june 23 & Target of this pattern was arround 290 level ,stock hit the same in Jan 24 ,After hitting the target stock now try to take support on 200SMA (which is arround 190).From here one can accumulate the stock (Stoploss 185) for a target price of 290 .
BANDHAN BANK on weekly chart form a Cup & Handle patternBandhan bank Forming Cup & Handle pattern ,Breakout of this pattern will be above 210 level ,Stoploss will arround 190 & Target will be arround 250 ...Accumulation can be done from current level ,But actual movement will start after crossing 210 level
Indigo paint, Reverse Head & Shoulder pattern formedIndigo Paint formed Reverse H&S patten on Daily chart ,Break out will be above 1536 level .
Target will be 1850 .After almost 3 year ,stock also try to sustain above 200DMA (1422rs).
one can keep stop loss of 1400.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
LONG PARAS DEFENCE Paras Defence has formed a higher low on the daily chart, in line with Dow Theory. Following this, the stock retraced and entered a consolidation phase on the 15-minute timeframe. A strong volume-backed breakout on the 15-minute chart has confirmed renewed buying interest. With this setup, a favourable risk-reward ratio of 1:5 or higher can be anticipated.
Dixon Technologies | Head & Shoulders Breakdown | Bearish Target📝 Analysis:
Dixon Technologies (NSE: DIXON) is forming a classic Head and Shoulders pattern, signaling a potential trend reversal from bullish to bearish.
The pattern structure is clear:
Left Shoulder: Formed after a rally and minor correction.
Head: Made a higher high but failed to sustain.
Right Shoulder: Lower high formation indicating weakness.
📉 Bearish Breakdown Trigger:
A decisive break below the neckline will confirm the bearish setup.
Expect increased selling pressure post-breakdown.
🎯 Target Projections:
Initial Targets:
₹16,196 (Fib 0.25)
₹15,790 (Fib 0.5 Mid-point)
₹15,384 (Fib 0.75)
Major Support:
₹13,579 (Horizontal Key Support)
Extended Bearish Targets:
₹12,095 (Triple Support)
₹10,617 (Quadruple Support)
🔎 Key Observations:
Price consolidation within a range indicates distribution.
Momentum loss is visible as the stock fails to create higher highs.
Breakdown below ₹15,790 will accelerate downside momentum.
⚠️ Risk Management:
Traders should wait for a confirmed neckline breakdown before shorting.
Keep strict stop-loss above the right shoulder peak to manage risk.
🟡 Disclaimer:
This analysis is for educational and informational purposes only. It is not investment advice. Please consult your financial advisor before making any trading decisions. Trading involves risk and may result in financial loss.
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I saw that it has been adjusted by roughly 25% to 30% from its most recent peak. I believe that if you try to accumulate here with the SL of 720, you have a great chance of receiving a good payout. I firmly think that after it crosses the 757 level, it might reach 800, 850, 900, etc.
Disclaimer: All of the information on this page is intended solely for educational reasons; we are not SEBI registered. Before making any financial decisions or investing, please speak with a SEBI-registered financial counsellor. Any profit or loss you may have made is not our responsibility.
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GLORIOUS TRADING 👍
DLF BUILDING ABOVE CHANNEL RANGE DLF Limited is one of India's leading real estate development companies, founded in 1946 by Chaudhary Raghvendra Singh. It is headquartered in New Delhi and has developed residential, commercial, and retail properties across Delhi, Gurgaon, Haryana, and other regions.
Key Highlights:
- Industry: Real Estate
- Market Presence: Offices, apartments, shopping malls, hotels, and golf courses
- Major Projects: DLF Cyber City, DLF Mall of India, DLF Emporio, and various residential townships
- Revenue (2024): ₹6,958 crore (US$820 million)
- Net Income (2024): ₹2,724 crore (US$320 million)
Support & Resistance Levels
- Support: 670 INR
- Resistance: 695 INR (Potential breakout level)
- Next Target Levels: 740 INR and 800 INR (If breakout above 695 INR occurs)
Market Sentiment
- Overall Trend: Bullish
- Short-Term Outlook: Positive momentum with potential breakout
Short-Term Target Levels
- Immediate Resistance: 695 INR (Breakout level)
- Next Target: 740 INR (If breakout above 695 INR occurs)
- Higher Target: 800 INR (If momentum sustains)
- Support Levels: 670 INR (Key support zone)