Cup and Handle Breakout - BEMLTechnical Analysis:
Current Price: ₹3654 (Note: Live prices can change quickly. As of the last update around 9:55 PM IST on May 16, 2025, BEML is trading slightly higher around ₹3669-₹3670).
Stop Loss: A closing basis stop loss at ₹3160 offers a defined level of risk management.
Target: Your target of ₹4700 suggests a significant potential upside if the pattern plays out.
Cup and Handle Pattern Breakout: The Cup and Handle is generally considered a bullish continuation pattern. The "cup" is a U-shaped consolidation, and the "handle" is a short downward drift before the price breaks out above the rim of the cup, signaling a resumption of the prior uptrend.
Time Frame: A 1 to 3-month timeframe is a reasonable expectation for this pattern to potentially reach its target.
Confirming the Breakout:
Volume: For a Cup and Handle breakout to be considered strong, it should ideally be accompanied by a noticeable increase in trading volume during the breakout above the cup's rim.
Sustainability: The price should ideally hold above the breakout level and not fall back into the handle or the cup.
Target Calculation:
A common way to estimate the price target for a Cup and Handle pattern is to measure the vertical distance from the bottom of the cup to the breakout level (the rim of the cup) and then add that distance to the breakout level.
Key Factors to Consider:
Market Conditions: The overall market sentiment and the performance of the capital goods and defense sectors can influence BEML's price movement.
Q4FY25 Results & Dividend: BEML is scheduled to consider and approve its Q4 and full-year results ending March 31, 2025, on Friday, May 23, 2025. They will also consider recommending a final dividend. These announcements can create significant volatility and impact the stock's trajectory.
Technical Indicators: While the Cup and Handle is a strong pattern, looking at other confirming indicators like RSI and MACD can add confidence to the analysis. Several analysts currently have a 'Buy' rating on BEML.
Potential Upside and Risk:
Target (₹4700): This represents a potential upside of approximately 28.6% from the current price.
Stop Loss (₹3160): Your stop loss limits the potential downside to around 13.5% from the current price.
Descending Triangle Pattern Breakout - MedplusTechnical Analysis:
Current Price: ₹885
Stop Loss: A closing basis stop loss at ₹785 provides a defined risk level.
Target: Your target of ₹1500 suggests a significant potential upside.
Descending Triangle Breakout: A breakout from a descending triangle is typically considered a bearish signal, indicating a potential continuation of a downtrend. However, in some cases, a breakout in the opposite direction (above the upper trendline) can occur, which would be considered bullish. It's crucial to confirm the direction of the breakout you are observing.
Time Frame: A 3 to 6-month timeframe is reasonable for a pattern like this to play out.
Understanding Descending Triangle Breakouts:
Typical (Bearish) Scenario: In a typical descending triangle, the price makes lower highs while the lows remain around a horizontal support level. The breakout usually happens below this support, indicating further downside.
Atypical (Bullish) Scenario: If the price breaks decisively above the descending upper trendline of the triangle, it can signal a bullish reversal or a strong upward move, negating the typical bearish implication. This is what you seem to be anticipating.
Key Factors to Consider for a Bullish Breakout:
Breakout Confirmation: For a bullish scenario, the price needs to break clearly above the upper descending trendline of the triangle with strong volume.
Sustainability: The price should sustain above the breakout level and not fall back into the pattern.
Market Context: The overall market sentiment and the performance of the pharmaceutical/healthcare sector can influence MEDPLUS's price action.
Company Fundamentals: While you haven't mentioned fundamental analysis, it's always wise to consider the company's financial health and future prospects alongside technical patterns. Recent positive financial results for MEDPLUS could support a bullish move.
Target of ₹1500:
Trendline Breakout - SCITechnical Analysis:
Current Price: ₹188 (as of May 16, 2025, around 3:30 PM IST, it's trading slightly higher around ₹188.50).
Stop Loss: A closing basis stop loss at ₹170 is a good way to manage risk. If the price closes below this level, it would suggest the breakout might be invalid.
Targets: Your targets of ₹200 and ₹240 represent potential upside levels based on the breakout.
Trendline Breakout: This is a key bullish signal, suggesting the stock might have overcome a period of resistance and could move higher.
Time Frame: A 1 to 3-month timeframe is reasonable for these targets to be achieved if the breakout holds.
Key Factors to Consider:
Breakout Confirmation: It's crucial to see if the breakout is sustained with good trading volume in the coming days. A breakout without strong volume can sometimes be a false signal.
Market Conditions: The overall market sentiment and the performance of the shipping sector will play a role in SCI's price movement.
Q4FY25 Results: SCI is scheduled to announce its Q4 and full-year results ending March 31, 2025, on Friday, May 16, 2025. These results and any dividend announcement could significantly impact the stock price.
Technical Indicators: While you've identified a trendline breakout, it can be helpful to look at other technical indicators (like RSI, MACD) to see if they support the bullish momentum.
Potential Upside and Targets:
Target 1 (₹200): This represents an approximate 6.4% upside from the current price.
Target 2 (₹240): This represents a more significant potential upside of around 27.6%.
Risk Management:
Your strict stop loss at ₹170 limits your potential downside to about 10.6% from the current price.
IDBI- Analysis Only for long term investors
As you can see stock has made top in November 2010 and from March 2020 it has given close to 400% returns, can this trend continue for next 1-2 years or more?
It will be a good to keep buying this stock on every retracements. Good buying range will be around 83 to 98 , if it come around 76 that will be even better price for averaging.
Stoploss of day closing below 70 for consecutive 2-3 days or as per your comfort or risk management.
Targets can be 117 to 121 ,129 to 133 then 173 to 167 and may be 208 to 212
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
TBO TEK LTD – 19 May Trendline Resistance Test Incoming 📌 Trade Plan (Aggressive Swing Setup):
Buy above: ₹1,250 (on breakout + volume confirmation)
Stoploss: ₹1,195
Target 1: ₹1,310
Target 2: ₹1,385
Sell Below: ₹1,180 (if price rejects the trendline with high volume)
🔎 Technical Insights:
Strong volume buildup near resistance
RSI trending upwards with bullish momentum
Trendline acting as dynamic resistance since Nov 2024
For Education Purposes Only
CDSL Ready To Break-Out On Upside!!CDSL is trading just below 200 Day Moving Average(DMA) 1426.
It is trading above 100, 50, & 20 DMAs.
Considering the overall upward momentum in the market to continue, we may expect CDSL to take out 200DMA and move above.
The immediate short-term (up to 3months) we may expect CDSL to move towards1426/1475/1518).
In medium-term (upto 6 months)1629 is a possibility.
In Long-Term (6months+ ), one can expect stock to take out the previous life time high of 1989 and move higher.
Titagarh buy in cashTechnical Outlook & Strategy
The stock has formed a higher low structure, indicating strength and accumulation.
RSI shows positive divergence, supporting the bullish momentum.
A W-pattern breakout is observed on the charts, which often signals the start of a fresh uptrend.
🟢 Strategy:
Entry: Buy in cash at current levels. Accumulate more on dips for better average.
Targets:
Short-Term: ₹1120
Long-Term: ₹1468 and ₹2000
Stop Loss:
Short-Term SL: ₹800
Long-Term SL: ₹630
DO remember to follow risk and money management.
PEL | Breakout Setup | Short-Term Buy | Target ₹1100🟩 Trade Plan:
Buy Zone: ₹1059 – ₹1060
Target: ₹1100 (approx. 3.77% upside)
Stop Loss: ₹1037
Risk-Reward Ratio: ~2:1
Setup Type: Breakout above resistance zone (marked on chart)
Volume Confirmation: Strong bullish candle with high volume
RSI Confirmation: RSI bouncing above 60, momentum building
📈 Chart Annotations (TradingView Tips):
Draw resistance zone on 1H around ₹1060 – ₹1070 (breakout zone)
Plot EMA (9 & 21) or EMA crossover to confirm short-term bullish trend
Use RSI (14) to highlight momentum breakout
Highlight entry point, stoploss, and target with labels
Use TradingView’s “Long Position Tool” to visually display RR
For Education Purposes only
OIL – Oil India Ltd | Target: ₹429.00🟢 Trade Details:
LTP: ₹417.30
Recommended Buy Range: ₹415.50 – ₹416.00
🎯 Target: ₹429.00
🛑 Stop Loss: ₹408.70
🔍 Technical Snapshot:
✅ Strong bullish candle with volume confirmation
✅ EMA crossover supports the uptrend (9 EMA > 13 EMA)
✅ RSI at 62.22 shows healthy momentum
✅ Breakout above previous range box visible on Daily & 1H TF
📊 BB %B at 0.82 – still room before overbought levels
💼 Strategy:
Suitable for short-term MTF holding (2–5 days)
Risk-Reward ~1:1.5
Trail SL to cost once ₹424+ is breached
Use smaller timeframes (15m / 1H) to confirm entry with volume
For Education Purposes Only
Nuvoco Vistas Corporation ltd.Nuvoco Vistas Corporation ltd.
Net Profit
(March 2022 - March 2024)
March 2022 - 32Crore
March 2024 - 147 Crore
Net Profit After Tax from March 2022 - March 2024 has been 4 times
EPS
(March 2022 - March 2024)
EPS 2022 - 0.90
EPS 2024 - 4.13
EPS From March 2022 - March 2024 has been 4 times
MCX - Multi Commodity Exchange (45 minutes chart, NSE) - LongMCX - Multi Commodity Exchange (45 minutes chart, NSE) - Long Position; short-term research idea.
Risk assessment: Medium {volume structure integrity risk}
Risk/Reward ratio ~ 1.35
Current Market Price (CMP) ~ 6490
Entry limit ~ 6400 on May 16, 2025
Target limit ~ 6680 (+4.38%; +280 points)
Stop order limit ~ 6192 (-3.25%; -208 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
Maruti Suzuki Chart Breakout Watch | Ascending Triangle PatternNSE:MARUTI
Maruti Suzuki is currently forming a bullish ascending triangle pattern on the 1-hour chart, indicating potential for an upside breakout.
1. Pattern Formation: The price is making higher lows while facing horizontal resistance near the 12,700 zone — forming a classic ascending triangle.
2. Support Zone: Trendline support is holding well, currently near 12,550.
3. Breakout Levels: A confirmed breakout above 12,700 could trigger a sharp move toward the next resistances at 12,888, 13,075, and possibly 13,454.
4. Bullish: Post-breakout, price action is expected to retest and then rally — as shown by the projection arrows on the chart.
5. Volume Confirmation : Watch for volume expansion on breakout to confirm strength.
Trading Plan:
Buy on Breakout : Enter long above 12,700 with targets of 12,888 - 13,075 - 13,454. Use SL below 12,550.
Wait-and-Watch : If price fails to break out, stock may stay range-bound or retest trendline support.
Conclusion:
Price action suggests strength building up. A breakout from this pattern could lead to a fresh rally — ideal setup for short-term swing trades
ECOSMOBILITY (India) - Trend Reversal in Progress?📊 ECOSMOBILITY (India) - Trend Reversal in Progress?
After a prolonged downtrend, $ECOS has shown a clear base formation and is now attempting a breakout. 📈
✅ Bottom formation complete
✅ Alpha Buy Signal triggered
✅ Buying Force: 57.4%
✅ Relative Strength (RS): 23.3
✅ Volume Surge: 2.7x projected Rvol
🔍 With improving momentum, relative strength, and support from volume, this could be a solid entry on pullback for trend-followers.
📌 Watch Levels:
Resistance near ₹230
Support at ₹160 zone (recent base)
#ECOSMOBILITY #StockMarket #BreakoutStocks #VolumeSpike #AlphaSignal #TrendReversal #Investofino
IRCTC Weekly ChartIRCTC weekly chart confirmed a breakout from the channel it was trading for the last one year.
Short term resistance around 815.
Look for signs of reversal near 850.
The stock will turn bullish only after a strong close above 900 (will small investors get a chance here?). After 900, target is only upto 1000 - if the stock needs to move higher, it needs to consolidate for few months.
Disclaimer: Only for educational purpose - not a buy / sell recommendation.