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L&T - Cup and Handle Formation Near Breakout ZoneChart Structure: Larsen & Toubro is forming a textbook Cup and Handle pattern that’s now testing its neckline around ₹3,780–₹3,800. The base extends nearly 10 months, creating a strong accumulation structure with a shallow handle - ideal for a breakout continuation. Technical Highlights: Cup Base: ₹2,950–₹3,000 Neckline: ₹3,780–₹3,800 (currently being tested) Handle: Tight consolidation with declining volume, now showing early expansion RSI: Rising towards 70, confirming strengthening momentum Volume: Reaccumulation behavior - lighter on corrections, heavier on upswings Trade Setup: Breakout Confirmation: Close above ₹3,820 with strong volume Target: ₹4,500–₹4,550 (≈19% upside from breakout) Stop-Loss: ₹3,600 (below handle low) Technical Verdict: A sustained move above ₹3,820 would mark a major bullish continuation, potentially initiating a new leg in L&T’s long-term uptrend. Pattern reliability is high given the depth, duration, and structure of the base. Disclaimer: This analysis is for educational and informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Markets involve risk, and past performance does not guarantee future results. Conduct your own due diligence or consult a qualified financial advisor before making investment decisions.
NSE:LTLong
by eggubonda
GMR Power — Extended Wave-3, Contracting Wave-4… Resolution📉 GMR Power & Urban Infra — Weekly Context and Daily Wave-4 / Wave-5 Structure (Elliott Study) This publication presents an educational Elliott Wave structure study 📚 using the Weekly timeframe for the overall market context and the Daily timeframe to analyse the ongoing Wave-4 correction , its probable termination area, and the conditional Wave-5 projection . On the Weekly chart , GMR Power shows a clear impulsive advance from the 2023 base into the ₹169.25 region , labelled as Wave-(3) . Fibonacci extension analysis shows that this move exceeded the 3.618 extension and approached the 4.0 level , confirming that Wave-3 is the extended wave . After this peak, price behaviour shifted from strong trending action to overlapping and corrective movement , signalling the development of Wave-(4) . On the Daily chart , Wave-(4) is unfolding as a contracting triangle (A–B–C–D–E) 🔺. Each leg is corrective and overlapping, volatility has contracted, and momentum has faded. This behaviour is typical of a Wave-4 triangle following an extended Wave-3 , where the market corrects more through time than price ⏳. From a structural and Fibonacci perspective 📐, the Wave-E termination zone is identified between approximately ₹85–95 . This region aligns with the 0.618–0.786 retracement band of the prior advance. In Elliott Wave studies, Wave-E of a triangle often resolves quietly and may not show a dramatic breakdown, which matches the current behaviour. Because Wave-3 is extended , Elliott alternation principles suggest that Wave-5 is more likely to be contracted rather than extended . Therefore, Wave-5 expectations are best framed using triangle thrust measurement and reduced Fibonacci relationships to Wave-1 , rather than equality or extension relative to Wave-3. Using these methods, the primary Wave-5 reference zone lies in the ₹120–140 region . A move toward the ₹160–170 area would be considered a lower-probability stretch scenario and would require clear impulsive behaviour and momentum expansion. A truncated Wave-5 remains possible but is not the base expectation. This study focuses on structure, probability, and wave behaviour 🧠 rather than prediction. Discussion of Wave-5 becomes relevant only after the triangle completes and price clearly transitions from corrective overlap to impulsive movement . This publication is shared strictly for educational and analytical discussion 📚⚠️ and does not constitute investment advice.
NSE:GMRP&UILong
by MendiUser
1
GRASIM – Base Pressure Building for Breakout Above ₹2,850Price has spent almost a year trapped between ₹2,480 and ₹2,850. Each dip since mid-2025 has formed higher lows, compressing against the same horizontal ceiling. Today’s candle closes right at ₹2,850 with RSI rising toward 60 — the structure is tightening for resolution. A decisive close above ₹2,900 with strong volume will confirm breakout and open the path toward ₹3,200–₹3,250 (~12–13% measured move). Setup: Ascending Triangle re-attempt Entry Trigger: ₹2,900+ close with volume confirmation Target Zone: ₹3,200–₹3,250 Support: ₹2,700 Invalidation: ₹2,680 Price has respected this structure for nearly a year; compression is mature, volatility contraction visible, and the next move should define direction. Disclaimer: Not a recommendation. For educational purposes only.
NSE:GRASIMLong
by eggubonda
SWING IDEA - POLY MEDICUREPoly Medicure , a leading Indian medical devices manufacturer with a strong global footprint, is currently offering a favorable swing trading setup backed by strong technical confluence. Reasons are listed below : 1,950 zone acting as a strong support base Bullish engulfing candle on the weekly timeframe, signaling reversal strength Marubozu candle on the daily chart, supported by strong volumes Golden Fibonacci retracement zone providing support in the larger trend Price comfortably above the 200 EMA, showing long-term trend strength Target - 2320 // 2605 // 2935 Stoploss - weekly close below 1815 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:POLYMEDLong
by Visionary_Growth_Insights
$NSE:NIFTY Make or Break Area ! Optimism Level For Me.NSE:NIFTY Your focus on 25,788 on the weekly candle is a "Make or Break" zone for several reasons: The 50-Day EMA Connection: The 50-day Exponential Moving Average (EMA) is currently positioned near 25,763. A weekly close below your level (25,788) would mean the index has decisively broken this crucial medium-term support. Bullish Case (Stay Above 25,788): If the weekly candle closes above this mark, it confirms a "buy on dips" structure. It suggests that despite global headwinds, domestic liquidity is strong enough to keep the uptrend intact. The next targets would be a retest of 26,200 and potentially 26,500. Bearish Case (Close Below 25,788): A weekly closing below this level would likely trigger a shift in market psychology. Technical analysts would view this as a Lower High, Lower Low pattern on the daily/weekly charts, potentially opening the doors for a correction toward 25,500 or even the psychological 25,000 mark. 🏗️ What’s Driving the Index? Sectoral Support: PSU Banks and Metal stocks are currently providing a buffer, while IT and Private Banks are seeing some profit booking. Macro Factors: The Indian Rupee recently crossed the 91 per Dollar mark, which is putting pressure on FII (Foreign Institutional Investor) sentiment, leading to the current "tug-of-war" at the 25,800 level.
NSE:NIFTYLong
by AnkleshVishwakarma
Persistent Systems: Explosive Breakout | Digital Transformation STRONG BUY Setup 💻 Entry: ₹6,316-6,340 (Current Level) Target 1: ₹6,474-6,500 Target 2: ₹6,587-6,620 Target 3: ₹6,700-6,750 Target 4: ₹6,900-7,000+ (Extended Breakout Target) Stop Loss: ₹6,082 Technical Rationale: MASSIVE BREAKOUT from year-long resistance at 6,250 (horizontal black line at top) Explosive +3.89% surge with exceptional volume spike (874.8K - highlighted with blue arrow) Breaking above major resistance zone decisively on daily chart Trading above long-term horizontal resistance after multiple tests throughout 2025 Volume is highest in months - institutional buying evident Strong uptrend intact - trading above rising EMA (blue curve) RSI around 65-70 - strong bullish momentum with room for upside IT Services sector showing strength - digital transformation demand Multiple resistance levels mapped: 6,474, 6,587, 6,700 Clear support established at breakout zone 6,250 and 6,082 Previous all-time high territory being challenged Pattern shows consistent higher lows since October bottom Risk-Reward: Excellent 1:2.5 to 1:4+ ratio depending on targets Pattern: HORIZONTAL RESISTANCE BREAKOUT on DAILY Chart - breaking year-long ceiling with exceptional volume Strategy: Medium-term swing to positional (weeks to months) Book 20% at T1 (6,490), 20% at T2 (6,600), 20% at T3 (6,725) Hold remaining 40% for extended target 6,900-7,000+ Trail SL to 6,320 after crossing T1 Disclaimer: For educational purposes only. Not SEBI registered.
NSE:PERSISTENTLong
by rmhetre15
MAXFINSERV: Massive Breakout After 6 Months | Target 1,900+STRONG BUY Setup 💰 Entry: ₹1,718-1,730 (Current Level) Target 1: ₹1,756-1,770 Target 2: ₹1,794-1,810 Target 3: ₹1,850-1,880+ (Extended) Stop Loss: ₹1,672 Technical Rationale: EXPLOSIVE BREAKOUT from 6-month rectangle consolidation (1,450-1,680 range - blue shaded) Massive +5.09% surge with exceptional volume spike (4.18M - highlighted with blue arrow) Breaking above long-term resistance at 1,672-1,680 convincingly Trading well above rising EMA - strong bullish trend RSI spiking above 75 - very strong momentum (but watch for overbought) Volume is highest since July - institutional buying evident Financial services/insurance sector showing strength Price action similar to July breakout (noted with green volume bars) Multiple resistance levels mapped: 1,725, 1,756, 1,794 Clear support established at breakout zone 1,672-1,680 Rectangle breakout pattern - measured move suggests 1,900+ target Risk-Reward: Excellent 1:4+ ratio for extended targets Pattern: Rectangle Consolidation Breakout on Daily Chart - highly reliable bullish pattern after 6 months of base building Strategy: Medium-term swing to positional (weeks to months) Book 25% at T1 (1,765), 25% at T2 (1,800), trail remaining 50% with SL at 1,730 after T1 Strong momentum could lead to gap-up continuation Key Levels: Breakout Zone: 1,672-1,680 (now critical support) Strong Resistance: 1,725, 1,756, 1,794 Major Support: 1,672, 1,650 Timeframe: Daily chart - suitable for swing/positional traders Volume Analysis: 4.18M volume - exceptional and highest since July breakout attempt. This confirms strong institutional accumulation Sector: Financial Services/Life Insurance - Max Life Insurance parent company, benefits from insurance growth story Measured Move: Rectangle height (~230 points) added to breakout = Target of 1,900-1,910 Historical Context: Similar volume breakout in July led to rally but failed. This time breaking with even stronger momentum and cleaner base. Disclaimer: For educational purposes only. Not SEBI registered.
NSE:MFSLLong
by rmhetre15
SBI Life Insurance: Breaking 420-Day Consolidation BUY Setup 🛡️ Entry: ₹1,936-1,945 (Current Level) Target 1: ₹1,984-1,990 Target 2: ₹2,019-2,030 Target 3: ₹2,056-2,075 (Extended) Stop Loss: ₹1,910 Technical Rationale: MAJOR BREAKOUT after 420 days of consolidation (highlighted in cyan) Breaking above long-term resistance at 1,930 level with strong momentum Weekly chart showing powerful +5.27% surge Volume buildup visible (highlighted) - institutional accumulation Price breaking above descending trendline from 2024 highs Trading above both EMAs indicating strong bullish trend Rounding bottom formation on weekly - classic bullish reversal High volume (5.03M) confirming breakout authenticity RSI trending upward with room for further upside Insurance sector showing relative strength Clear support base at 1,876-1,910 zone Risk-Reward: Excellent 1:4+ ratio Pattern: Multi-month base breakout + Rounding bottom - extremely reliable bullish setup on weekly timeframe Strategy: Positional/long-term - Book 25% at T1 (1,990), 25% at T2 (2,025), trail remaining 50% with SL at 1,950 after T1 achieved Key Levels: Breakout Zone: 1,930-1,945 (critical resistance broken) Strong Resistance: 1,984, 2,019, 2,056 Major Support: 1,910, 1,876 Major Catalyst: 420-day consolidation breakout = huge pent-up energy Volume accumulation phase complete Financial sector strength Disclaimer: For educational purposes only. Not SEBI registered. 420-day base breakout is significant - these typically lead to sustained moves. Weekly chart for medium to long-term position. Manage risk appropriately and conduct thorough research before investing.
NSE:SBILIFELong
by rmhetre15
SWING IDEA - BEMLBEML Ltd , a key player in India’s defence and heavy equipment sector, is displaying a strong bullish breakout setup supported by multiple technical confirmations. Reasons are listed below : Breakout of a long-term trendline after multiple retests Cup and Handle breakout, signaling continuation strength VCP (Volatility Contraction Pattern) breakout indicating accumulation Bullish engulfing candle on the daily timeframe confirming momentum Higher highs and higher lows structure intact Trading above 50 & 200 EMA, reinforcing trend strength Target - 5400 Stoploss - daily close below 3940 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:BEMLLong
by Visionary_Growth_Insights
4
Eicher Motors – Breakout Trade SetupPrice has broken out of a 2-month consolidation range (₹6,880–₹7,200) with strong volume. This indicates momentum continuation toward upper resistance levels. ✅ Buy Above: ₹7,200 (Breakout confirmation zone) 🎯 Targets (Swing / Short-Term): T1 – ₹7,227 T2 – ₹7,336 T2 – ₹7,468 🛡️ Stop-Loss: ₹6,880 (below range support + 20EMA area) ⏳ Duration: 5–10 trading sessions (short-term swing trade) 📈 Reasoning (Professional View): Breakout from a long consolidation box Strong bullish candle + volume expansion RSI breakout above 60 shows momentum shift Above 20EMA after a sharp reversal education purpose only
NSE:EICHERMOTLong
by rmhetre15
Based on our fundamental analysis of Monolithisch India Ltd.Recommendation: NEUTRAL / HOLD Rationale: The company's fundamentals are strong—demonstrating phenomenal growth, high profitability, and a lean balance sheet. However, the current stock price has already discounted a significant amount of this future growth. The valuation is very rich (P/E of ≈71.9x), which leaves little room for error or unexpected slowdowns. For an existing investor, holding the stock is reasonable to capture the expected growth. For a new investor, we recommend a Neutral stance, suggesting it is best to wait for a better entry point (a pullback in price) that offers a more favorable risk-to-reward balance. Price Target and Duration Since the market is currently rewarding the exceptional growth with a high multiple, we anchor our near-term target to a slight premium on the current valuation based on sustained financial performance. Target Price: ₹550 Target Duration: 12-15 Months (This is a long-term view that factors in the execution of the company's current expansion plans).
NSE:MONOLITH
by rmhetre15
Hero Motocorp: Major Weekly Breakout | Auto Sector Leader STRONG BUY Setup 🏍️ Entry: ₹5,798-5,820 (Current Level) Target 1: ₹5,899-5,920 Target 2: ₹6,033-6,060 Target 3: ₹6,251-6,280 Target 4: ₹6,400-6,500+ (Extended Breakout Target) Stop Loss: ₹5,588 Technical Rationale: BREAKING OUT from year-long rectangle consolidation (5,588-5,899 range - blue shaded area) Powerful +4.69% weekly surge showing strong bullish momentum Testing upper boundary of rectangle at 5,899 (marked "3d 21h" - breakout imminent) Weekly chart showing major pattern completion Trading above descending channel (black trendlines) - channel broken Volume at 1.77M - strong for weekly timeframe confirming breakout RSI trending upward around 70-75 - strong momentum (overbought but in uptrend) Trading well above rising EMA - bullish trend confirmed Auto sector leader - largest two-wheeler manufacturer globally Multiple resistance levels clearly marked: 5,899, 6,033, 6,251 Strong support established at 5,588 (rectangle base) Previous consolidation for 12+ months = powerful breakout potential Pattern similar to 2024 rally from 3,500 to 6,000+ Risk-Reward: Excellent 1:3 to 1:5+ ratio depending on targets Pattern: RECTANGLE CONSOLIDATION BREAKOUT on WEEKLY Chart - extremely powerful continuation pattern after year-long base building Strategy: Medium to long-term positional (weeks to months) Book 20% at T1 (5,910), 20% at T2 (6,045), 20% at T3 (6,260) Hold remaining 40% for extended target 6,400-6,500+ Trail SL to 5,820 after crossing T1 Disclaimer: For educational purposes only. Not SEBI registered.
NSE:HEROMOTOCOLong
by rmhetre15