sagartharayil

sagartharayil Updated 

🧿 WELSPUNLIV | Weekly Confluence | Volume-Based Bounce Setup Welspun Living Ltd | Positional Trade Idea 🔍 Why This Stock? Price bounced strongly from the ₹110–₹120 support zone, which has held for over a year. Bullish engulfing candle on daily TF, aligning with a weekly reversal. Massive volume spike (7–8x average) suggests smart money...

sagartharayil

📈 PEL | Piramal Enterprises Ltd Multi-month base | VCP traits | Breakout on volume watch 🔍 Technical Highlights: Volume spurt: 5x relative to recent sessions – clear institutional interest 🧠 Bullish engulfing candle on 7 May 2025, signaling a strong reversal attempt Closed above 200 DMA, trading above 50 DMA, and just above 30 WMA – early signs of trend...

sagartharayil

🏠 PNB Housing Finance – Weekly Positional Setup 🧭 Strategy: Cup & Handle breakout | 🏦 Sector: Housing Finance / NBFC 🔍 Setup Overview The stock is trading above key DMAs, indicating strong trend alignment 🔼 Sector momentum is clearly picking up — Housing Finance & NBFCs showing traction 📈 After briefly breaking below its ascending channel, price is now...

sagartharayil Updated 

ICICI Bank – Technical Analysis & Trade Plan 📈 Trend Analysis: Stock is in a strong uptrend with a higher high, higher low (HH-HL) structure intact. Consolidating since September 2024, forming a base. Double bottom formation visible, with a potential VCP (Volatility Contraction Pattern) at play. Trading above key DMAs, confirming strength. Sectoral strength:...

sagartharayil

📈 RADICO – Cup Base Forming | Testing Waters, No Diving Yet RADICO is forming a classic cup base on the weekly chart, trading above key DMAS with improving structure and RSI strength. A pilot entry to test the strength of the setup — not a full position. 🔍 Technical Overview 🟢 Structure: Well-formed cup attempting a neckline test ⚠️ Volume: Currently drying...

sagartharayil

📈 DEEPAKFERT – Classic Cup & Handle Setting Up on the Weekly Chart A potential Cup and Handle pattern is forming on the weekly timeframe. The stock is currently consolidating in the handle zone. A breakout above ₹1,474.5 with a clean candle and strong volume could trigger a positional move. 🔍 Technical Overview ✅ Structure: Weekly Cup & Handle formation in...

sagartharayil Updated 

Mazagon Dock ⚓ | VCP & Double Bottom – Watch for a Breakout! 🚀 Mazagon Dock (MAZDOCK) is forming a Volatility Contraction Pattern (VCP) + Double Bottom on the weekly chart. A potential breakout is in play. 📌 Entry: Above 2671 (preferably on a daily close). 📌 Immediate Resistance: 2966 (All-Time High). Watch price action at this level. A strong breakout with...

sagartharayil

📈 BDL – Weekly W-Pattern + Sector Strength + Volume Surge = High-Potential Positional Setup BDL is showing textbook technical confluence at the right time: Sector: Defence index at all-time highs Stock: BDL forming a clear double bottom (W-pattern) over several months Weekly breakout underway with strong green candle and volume confirmation Structure: Rounded...

sagartharayil

📈 BEL – Sector Strength + Double Bottom + Volume Thrust = A Setup Worth Tracking The India Defence Index just broke into new all-time highs, possibly driven by rising geopolitical tensions — but beyond the headlines, the sector remains structurally strong. BEL (Bharat Electronics Ltd) is showing powerful confluence: A double bottom breakout Sectoral...

sagartharayil

📈 GODREJ AGROVET (GODREJAGRO) – Base Breakout Attempt | Sector Tailwind 🔍 Technical Overview: Attempting a breakout from a broad base structure. Entry: Above ₹814 only if accompanied by strong volume. Current volume is picking up, but a decisive spike is still awaited for confirmation. A VCP (Volatility Contraction Pattern) was forming earlier, but recent...

sagartharayil

🔍 Technical Overview: The stock has broken out of a classic Cup & Handle pattern. Early bird entry was around ₹1143.45. Currently trading near the 1-year ATH resistance at ₹1253.85. A Volume Contraction Pattern (VCP) might be playing out, with visible contractions and tight price action in the handle. Strong volume spikes seen during recent upmoves—indicating...

sagartharayil

🟩 SBFC Finance Ltd – Breakout Watch (Positional Setup) 📈 Price: ₹102.42 | 🏛 Market Cap: ₹10,970 Cr 🔍 Sector: NBFC | 📆 Timeframe: Daily 🧱 Structure Overview Consolidating in a tight range since listing (Aug 2023), forming a solid base box between ₹77–₹106. Approaching All-Time High zone (₹106.5) again. Stock is trading above all key DMAs, showing strength...

sagartharayil Updated 

📌 Setup Overview: Stock in a 4-year trading range 📊 and currently trading just below this range. Cup and Handle formation ☕ along with a potential VCP setup (Volatility Contraction Pattern). No left-side resistance—unlike stocks that fell 40-50%, there are fewer trapped buyers here. Volume gradually increasing 📈, a necessary condition for a strong...

sagartharayil

🔥 NACL Industries - Range Breakout Trade Setup 🚀 📍 Breakout Level: ₹116 📍 Current Market Price (CMP): ₹121 📍 Stop Loss (SL): ₹96.5 (📉 Closing basis) 📍 Target 1 (T1): ₹166 🎯 📍 Target 2 (T2) (Positional): ₹255 🎯🎯 🔍 Why This Trade? ✅ Range Breakout 📈: Stock has broken out of a 3-year-old consolidation range! ✅ Big Money Inflow 💰: Breakout supported by high volume,...

sagartharayil

🔹 Trend: The stock is in a strong uptrend, forming Higher Highs & Higher Lows (HH-HL) on the long-term charts. Trading inside a well-respected ascending channel 📊. 🔹 Moving Averages: Trading above key DMAs, indicating strength. 🔹 Volume: Increasing, a positive sign 📈. 🔹 Sector Strength: The Metal Index is showing early signs of leadership, trading above the 50 &...

sagartharayil

📊 Gabriel India - Positional Breakout Trade 🔍 Technical Overview: ✅ Trend: Strong uptrend, followed by a 32% correction and a double bottom formation . ✅ Breakout Confirmation: Cleared ₹565 resistance with strong volume. ✅ Key Levels: Entry: Above ₹600 (Earlier breakout was at ₹565) Stop Loss: ₹475 (Closing basis) 🔻 Positional Target: ₹824 (Tentative) 🎯 ✅...

sagartharayil Updated 

📊 Trade Plan: Breakout Entry: Above ₹662 (With 4x-5x Volume Confirmation) Stop Loss (SL - Closing Basis): ₹581.95 Target 1 (T1): ₹775 Target 2 (T2): ₹831 Current Price: ₹646 📈 Risk & Reward Calculation: Risk to SL: ₹646 - ₹581.95 = ₹64.05 (9.91%) Reward to T1: ₹775 - ₹662 = ₹113 (17.07%) Reward to T2: ₹831 - ₹662 = ₹169 (25.53%) Risk-Reward...

sagartharayil Updated 

📊 Trade Plan: Entry: Above ₹215 if broken out with volume. Stop Loss: ₹192.95 (Closing basis). Target: Watch price action near ₹231 (ATH); safe traders wait for a daily close above it. Position Sizing: Buy in small quantities and accumulate gradually. 📈 Why This Stock? Technical Setup: Trading above key DMAs (Daily Moving Averages). Stock was in an...