BULLISH ON NBFC STOCKS, "LTF" IS ONE OF THEMEid-Ul-Adha Pick
Technical View
Cup & Handle Pattern Formation...
Near To All Time High Breakout...
Ready To Multiyear Breakout...
Ascending Triangle Breakout In Daily Chart...
Long On "LTF"
Entry Near 180-190
Buy On Dips Near 150
Sl 135
Target 205/245/335++++
#The_Chartist
I Am Not Sebi Registered Research Analyst Or Investment Advisor. You Should Advice From Your Financial Advisor. Recommendation Only For Educational Purpose.
Stockmarkets
Everyone’s Buying MMTC… I’m Waiting for this to happen✅ CT Breakout (WTF): Well-defined CT break cleared with strong bullish momentum.
✅ Volume Confirmation: Breakout candle accompanied by 269M+ volume, signaling genuine interest.
✅ Structure: Higher low before breakout reinforces structural reliability.
✅ Base Formation: Multiple weeks of tight consolidation at base builds a solid foundation for the move.
⚠️ Caution – DTF Overextension: On the daily timeframe (DTF), price shows back-to-back green candles, indicating a short-term overbought condition.
A retracement is healthy and preferred. A direct move from here risks a poor R:R swing
📌 Conclusion:
Solid weekly breakout with all structural prerequisites in place. However, due to the extended DTF structure, wait for a healthy pullback before initiating swing entries. Avoid chasing strength. Let the price offer a clean opportunity.
🔁 Following the yellow path = strategic patience + optimal R:R.
SWING/POSITIONAL PICKTechnical View
Stock Has Effectively Broken Previous Support. Support Acts As Resistance And Gives Breakout With Retest. Buy At CMP 480. TGT 520/598/700+++. SL Below 450 Closing Basis.
Fundamental
EBITDA Highest In History. PAT Is Also Highest In History. Positive Cashflow. FII And DII Increase Stake By Last Qtr.
I Am Not SEBI Registered Research Analyst. It Is Giving Only Educational Purpose. Trade In BBOX After Discussing With Your Financial Advisor.
CT Breakout + H&S! What’s Brewing in Udaipur Cement?📌 Chart Overview
A clean Counter-Trendline (CT) breakout is visible on the weekly timeframe.
The breakout also aligns with a classic Inverted Head & Shoulders structure.
The left shoulder, head, and right shoulder are all clearly formed, suggesting a potential reversal pattern.
📌 Hidden Resistance Lines
Dotted white lines represent hidden resistances, derived from prior swing highs/lows.
The extended hidden line from the top acts as future resistance, adding confluence to the zone.
📌 Monthly Supply Zone
A monthly supply area is marked at ₹34.63, closely aligning with the extended hidden resistance.
This zone could act as a potential hurdle in the next leg up.
📌 Volume Analysis
Breakout lacks strong volume, which is a key point to remember.
Nifty Reversal Watch: Key Demand Zones & Moving Average in FocusAs a pure technical analyst, I rely solely on what the charts reveal, ignoring the noise of news and fundamentals. Charts tell the story in advance.
As a demand and supply zone trader, my primary focus is on identifying key areas where institutional activity is likely to drive price action. Today, we’ll analyze the Nifty 50 through the lens of demand zones and then complement it with traditional technical analysis using moving averages. This analysis aims to provide clarity on potential reversal zones and market behavior.
📊 Demand Zones: The Foundation of Analysis
Monthly & Quarterly Demand Zones : On the monthly timeframe, I’ve identified a critical demand zone. When we zoom into the quarterly timeframe, this zone aligns perfectly, creating a high-confluence area. These zones represent institutional footprints (Banks, mutual funds, etc. ), indicating where smart money is likely to step in. These are not just traditional lines or boxes on the chart; they are the footprints of institutions that control the market.
Significance of Demand Zones : Demand zones are areas where buyers are expected to dominate, often leading to price reversals. The confluence of monthly and quarterly demand zones increases the probability of a strong support level.
Current Price Action : Nifty is currently hovering near these demand zones, suggesting a potential bottom formation.
📊 Traditional Technical Analysis: Moving Averages
Now, let’s analyze the market through the lens of traditional technical analysts who rely on moving averages.
EMA 20 on Monthly Timeframe : The 20-period EMA on the monthly chart acts as a reliable support level historically. Since 2004, price reversals have consistently occurred near this moving average, marked by green circles on the chart.
EMA 20 as a Magnet : The EMA 20 on the monthly timeframe is equivalent to the 400-period EMA on the daily timeframe, representing the average price of almost 400 days. In trending markets, price always reverts to its average, making this a critical level to watch.
Historical Exceptions : While there are rare instances (marked by red circles) where Nifty has broken below the monthly EMA 20, the presence of demand zones adds an extra layer of support, reducing the likelihood of a significant breakdown.
Current Price Action : Nifty is currently near the monthly EMA 20, which coincides with the monthly and quarterly demand zones.
📊 Combining Both Approaches
High-Confluence Area : The alignment of monthly and quarterly demand zones with the monthly EMA 20 creates a high-confluence area. This increases the likelihood of a strong support level and a potential Bottom.
Risk Management : While the setup appears promising, it’s crucial to manage risk effectively. Always use strict stop-loss orders and avoid over-leveraging. Even high-probability setups can fail, especially when market sentiment is overwhelmingly negative.
📊 Conclusion
The Nifty 50 is at a critical juncture, with multiple technical indicators pointing towards a potential reversal or consolidation. The confluence of demand zones and the monthly EMA 20 provides a high-probability setup. However, always remember that no setup is foolproof, and risk management is crucial, it’s essential to remain cautious as markets can sometimes defy all technical setups.
This analysis is purely for educational purposes and is not intended as trading or investment advice. I am not a SEBI-registered analyst.
Lastly, thank you for your support.
"The market is a master of patience; trade with discipline, not emotion." 🚀📊
BAAZAR STYLE RETAIL LTD - Breakout Alert!📈 Chart Overview:
The stock has broken out of a long-term descending trendline with strong volume confirmation.
RSI is approaching the overbought zone, indicating strong momentum.
🔍 Key Levels:
Resistance: ₹320, ₹400
Support: ₹260, ₹200
📊 Observations:
A trendline breakout with a 20% price surge signals bullish strength.
RSI breakout suggests a potential continuation, but caution is needed for overbought conditions.
🚀 Trading View:
If the price sustains above ₹320, it could move toward ₹400.
A pullback to ₹260 could provide a good re-entry opportunity.
📌 Disclaimer: This is for educational purposes only. Do your research before making any trades.
GMR AIRPORTS LTD - Cup & Handle Breakout! 📈 Chart Overview:
The stock has formed a Cup & Handle pattern, confirming a bullish breakout.
A downtrend resistance has been breached, signaling strong buying interest.
🔍 Key Levels:
Resistance Levels: ₹87.19, ₹90.78, ₹90.86
Support Levels: ₹79.05, ₹75.10, ₹74.96
📊 Observations:
Volume spike supports the breakout, increasing reliability.
RSI at 74.40 indicates overbought conditions, so a slight pullback before further upside is possible.
The risk-reward ratio is favorable, with defined stop-loss and targets.
🚀 Trading View:
If the price sustains above ₹79.05, it can move towards ₹87-₹91 levels.
A retest of the breakout level (₹79) could provide a buying opportunity.
📌 Disclaimer: This is for educational purposes only. Always do your research before making investment decisions.
BITCOIN , BTCUSD
Bitcoin is currently finding support at the trend-line. Let's see whether it moves up from this support or breaks down. We should wait for the candle close this week for a clearer indication.
The stock market is unpredictable and can be influenced by large players. In recent years, we've seen significant struggles, like the COVID-19 pandemic and the Russia-Ukraine war, along with political events like Trump's actions. Although the market tends to recover quickly after crashes, it can also drop suddenly, as Newton's law suggests: what goes up fast can come down fast.
After the pandemic, many people wanted to invest in stocks, which attracted big investors and social media influencers promoting specific stocks that they wanted to sell. Many investors believe it's always good to buy the dip, but how much you invest matters. It's wise not to put all your money into the market; instead, diversify your investments across at least three different areas.
Don’t invest blindly just because the market is down. Additionally, governments often regulate the stock market in ways that benefit large investors while imposing higher taxes on ordinary people. I don’t blame the wealthy or those in power, as they were once normal people too; it's how we change with more money that can lead to different behaviors.
Bear Flag materializing in US 1O Year Yield (US10Y)US 10 Year yield suggests markets are moving towards risk off environment.
The fundamental causes for yields to fall are complex and difficult to disentangle - geopolitics, macro reasons, uncertainty, inflation risk, recession risk etc.
This will further put pressure on Stock Markets (equities).
The current trend looks bearish for US10Y.
Trade Safe
grasim industries ltd | breakout loading?📌 yellow counter trendline (ct) – A key resistance trendline on the weekly timeframe (wtf), which the stock is currently holding at. A breakout is pending .
📌 double bottom breakout – The stock has already rallied significantly after breaking out from a double bottom pattern. However, it's now in a crucial consolidation phase, needing a halt .
📌 price action roadmap – The current structure suggests either a consolidation or a minor dip, followed by a potential breakout above the yellow ct.
📌 red supply zone = major resistance – This area marks both the weekly timeframe all-time high (wtf ath) and multi-timeframe (mtf) resistance, making it a critical level to watch.
A clean breakout from here could be an "ice-break" move! 🚀 Will it break and fly or face rejection? 🤔
aavas financiers ltd | major monthly breakout! AAVAS is showing a strong bullish breakout on the monthly timeframe (MTF) with powerful confluence signals! Let’s break it down:
🔹 Counter Trendline (CT) Breakout ✅
Price has successfully broken the descending trendline, signaling a major trend shift.
🔹 Mother Candle Breakout ✅
The price has broken out of the mother candle's range, confirming strength.
🔹 Hidden Resistance Breach ✅
The yellow line marks a key resistance zone.
🔹 Volume Burst ✅
A significant volume spike confirms the breakout’s validity.
High participation = Strong conviction!
This is a highly bullish setup—will AAVAS continue its momentum? 📈👀
Tourism Finance Corp - Major Breakout in Progress!TFCI is showing a significant market structure shift on the weekly time frame (WTF) with strong confluence of technical signals! 📊
🔹 Lower Lows to Higher Low Transition:
Blue boxes indicate a series of lower lows, reflecting a prior downtrend.
The yellow box highlights a higher low, signaling a potential trend reversal!
🔹 Mother Candle Breakout:
The purple lines mark the high and low of the mother bar (key range).
Price is now breaking out from the upper side of the mother candle, confirming bullish momentum.
🔹 Counter Trendline (CTL) Breakout:
The orange line represents the main CTL on the weekly timeframe.
Price is successfully breaking out, indicating a potential trend shift to bullish!
Comment below your thoughts
Mother Candle & Counter Trendline Breakout | NAVA LTD📊 Technical Breakout Overview:
🔹 Mother Candle Breakout on the Weekly Timeframe – Strong bullish momentum!
🔹 Red Line (Weekly Counter Trendline) – Clean breakout, confirming trend reversal.
🔹 Yellow Dotted Line (MTF Resistance Counter Line) – Broken decisively.
🔹 Blue Line (MTF Major Resistance) – Next big target zone at ₹574.70.
Godrej Agrovet – Breaking Out After 245 Days of Consolidation!📊 Stock: GODREJ AGROVET LTD (NSE) – 1W Chart
📈 Breakout Alert!
The stock has been consolidating for 245 days and is now breaking out with strong momentum!
Hidden trendlines (yellow) indicate potential future price movement zones.
Red trendline (CT) – Key resistance trendline that has been broken.
Green trendline – Strong support area that held firm.
Blue line marks the nearest all-time high based on multi-timeframe closing levels.
With strong market participation and volume, this breakout looks promising! 📊🚀
💬 What are your thoughts on this breakout? Are you tracking this stock? Comment below! ⬇️
NIFTY 50 | Critical Levels & Gap-Fill Zones in Play!Nifty 50 continues to react strongly to key levels, but the overall structure still remains in correction mode. Let’s break it down:
White Lines (DTF Trendlines) ⚪:
2 key support lines and 1 counter-trendline (CT).
The DTF CT (near-term resistance) is around 500 points away from CMP, making it the next big test for bulls.
Blue & Yellow Trendlines (WTF & MTF Support) 📉:
A cluster of support created a bounce, but not as strong as past recoveries seen in 2023 or early 2024.
Despite FII selloffs & global stress, technical levels are holding up well!
Gap Zones (Blue Boxes) 📦:
The nearest gap got filled, and the next one sits just below our DTF white CT.
This could act as a magnet for price action in the near term.
Gap Down Fill Candles :
A few gaps got filled in a single session, showing bullish pressure at lower levels.
But, without a higher high - higher low structure or a DTF white CT breakout, the index stays in a corrective phase.
Anup Engineering | Counter Trendline Breakout on Radar!ANUP Engineering is at an interesting juncture! 📊
Green Trendline ✅: Acting as strong dynamic support, tested multiple times.
Yellow Counter Trendline ⚡: The reactive line that could lead to a potential breakout.
Blue Resistance 🔵: Multi-timeframe (MTF) resistance—first hurdle after a breakout.
Yellow Resistance 🟡: Major resistance level where price action has reacted before.
Multi-Timeframe Analysis (MTFA) is Key: If the Counter Trendline (CT) breaks, price may first test the MTF Resistance (Blue Line) before challenging the WTF Resistance (Yellow Line).
Nifty at a 1000-Day Trendline Support - Finally we are here !!Nifty is currently testing a confluence of two long-term trendlines – one from the monthly timeframe (blue line) and another from the weekly timeframe (yellow line). This 1000-day trendline cluster is a major reactive support zone, making this a make-or-break level for the index.
🔍 Key Observations:
✔️ The blue trendline represents a long-term uptrend, making it a crucial level for institutional traders.
✔️ The yellow trendline, which has also acted as a dynamic support, adds strength to this zone.
✔️ A breakdown below this cluster could open doors for further downside
✔️ However, if Nifty holds this level, a strong rebound can be expected, potentially continuing its long-term bullish structure.
🚀 What’s Next?
A weekly close below this zone could accelerate selling pressure.
If buying emerges, this could be a great risk-reward trade for swing and positional traders.
Price action confirmation is key before making any major trading decisions!
🔥 Will this historical support hold, or is a deeper correction coming? Drop your thoughts in the comments! 👇