MTAR Technologies — Rounding Bottom (Pre-emptive Setup)📊 MTAR Technologies — Rounding Bottom (Pre-emptive Setup)
CMP: ₹2,710
Stop Loss: ₹2,217
Targets: ₹2,920 / ₹3,200 / ₹4,600 (big picture)
🔍 Price Action View
After a strong rally, MTAR Technologies went through a healthy correction. Now, price is again holding above ₹2,710, forming a small rounding bottom, which suggests time-wise consolidation rather than price damage.
Key technical observations:
Correction absorbed without breakdown → strength intact
Gradual rounding structure → accumulation phase
₹2,920 is the trigger level: a sustained breakout here completes a bigger rounding bottom, opening the path for higher targets
This setup demands patience — the move will unfold over time, not in a straight line
🌍 Macro + Theme Tailwind
With ongoing global geopolitical tensions, most countries are expected to increase defence spending. MTAR Technologies, though a small player, has exposure to defence and strategic engineering, which adds a thematic tailwind to the technical setup.
This makes it a structure + theme aligned trade, but still price confirmation remains key.
⚠️ Trading Approach
This is a patience trade, not a momentum chase
Controlled position sizing is essential
Let the rounding bottom structure play out
Avoid over-leveraging; give the setup enough room and time
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
Roundingbottom
Tamilnad Mercantile Bank — Rounding Bottom (Pre-emptive Setup)📊 Tamilnad Mercantile Bank — Rounding Bottom (Pre-emptive Setup)
CMP: ₹570
Stop Loss: ₹491
Targets: ₹611 / ₹800
🔍 Price Action View
TMB is showing early signs of a base formation, and the structure is gradually shaping into a rounding bottom. With Bank Nifty acting as a leader, participation in select banking names is improving.
Key observations:
Long consolidation after decline → selling pressure exhausted
Gradual curve in price action → rounding bottom formation
₹611 is a key confirmation level; sustained trade above this opens room for higher targets over time
This is a pre-emptive trade, not a confirmed breakout yet. Hence, patience and discipline are non-negotiable. The idea is to stay invested, not to time aggressively.
⚠️ Trading Approach
This is a patience trade, not a momentum chase
Controlled position sizing is essential
Let the price structure play out over time
Avoid over-leveraging; give the setup enough room
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
HINDPETRO – Rounding Bottom Breakout Hindustan Petroleum Corporation Limited
📲 HINDPETRO – Rounding Bottom Breakout 🔄
📌 Swing Setup
• CMP: ₹495
• SL: ₹463
• Target: ₹546
📍 Structure & Logic
• Repeated rounding bottom formation
• Each consolidation resolving higher
• Fresh breakout attempt → upside momentum building
• Structure suggests another leg up if trend sustains
🧠 Approach:
Structure-based swing. Patience & position sizing key — no chasing.
Divi’s Laboratories — Technical Breakout SetupDivi’s Laboratories — Technical Breakout Setup
CMP: ₹6,686
Stop Loss: ₹6,200
Target: ₹8,233
🔍 Price Action View
Divi’s Lab is shaping up very clean technically. The structure resembles a Cup & Handle / VCP (Volatility Contraction Pattern) with a rounding bottom, where each consolidation leg is getting progressively smaller.
This compression of volatility, along with higher lows and tight consolidation near the top, clearly indicates strong accumulation. Such setups often lead to powerful upside expansion and can precede a fresh all-time high move.
A box consolidation breakout looks imminent (possibly this week). That said, with the broader market remaining choppy, execution discipline is critical.
⚠️ Trading Approach
This is a patience trade, not a momentum chase
Controlled position sizing is essential
Let the price structure work over time
Avoid over-leveraging; give the setup enough room
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
SBILIFE – Retest Done | Fresh Upside Setup📲 SBILIFE – Retest Done | Fresh Upside Setup 🔄
📌 Trade / Swing Setup
• CMP: ₹2085
• SL: ₹1949
• Targets: ₹2200 → ₹2300 → ₹2500
📍 Structure & Logic
• Rounding bottom breakout after big consolidation
• Healthy retest completed
• Price stabilising → fresh upside leg possible
• Small SL vs big targets = favourable risk–reward
🧠 Approach:
Patience needed. Discipline + controlled position sizing — let the structure work.
📝 Important:I am not responsible for any loss or profit incurred. I am not taking any fees — sharing for educational purposes only.
⚠️ Clarification: Independent technical view. No part of Religare involved.
📉 Disclaimer: Not SEBI-registered. Do your own research before investing.
ICICI PRULIFE – Ready for Upside or Trap?ICICI PRULIFE – Ready for Upside or Trap? 🔍
📌 Trade / Swing Setup
• CMP: ₹678
• SL: ₹599
• Target: ₹797
📍 Structure & Logic
• After a sharp fall, stock failed once at 61.8% Fib and corrected
• Now re-attempting breakout from the same zone
• Structure suggests two possibilities:
1️⃣ Rounding bottom → direct breakout above ₹678
2️⃣ Inverse H&S → short consolidation, then breakout
• Key confirmation level: ₹694
– Sustained move above this = upside confirmed
• In both cases, target structure remains same
🧠 View:
This is a structure-based setup, not blind bullishness.
If breakout comes → momentum follows.
If not → expect time-wise consolidation (no panic).
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees — sharing for educational purposes only.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
IIFL CAPITAL SERVICES – Pre-emptive Breakout | ATH Setup📲 IIFL CAPITAL SERVICES – Pre-emptive Breakout | ATH Setup 🔓
📌 Trade / Swing Setup
• CMP: ₹377
• SL: ₹321
• Targets: ₹448 → ₹575 → ₹704
📍 Structure & Logic
• Long consolidation completed
• Rounding bottom / VCP (Volatility Contraction Pattern) in formation
• Price compression after base = energy build-up
• Structure supports a pre-emptive move towards all-time highs
🧠 Approach:
• This is a structure-based swing / positional setup, not a chase
• Patience, discipline & controlled position sizing required
• Avoid excitement — let the structure work
⚠️ Clarification:
Independent technical view based purely on market study. No part of Religare involved.
📉 Disclaimer:
Not SEBI-registered. Please do your own research before taking any investment decision.
BPCL – Weekly Rounding Bottom BreakoutBharat Petroleum Corporation Limited
📲 BPCL – Weekly Rounding Bottom Breakout 🔄
📌 Trade / Positional Setup
• CMP: ₹384
• SL: ₹349
• Targets: ₹412 → ₹450 → ₹518
📍 Structure & Logic
• Weekly rounding bottom breakout in progress
• Pattern within pattern: a smaller rounding bottom formed after the larger base
• Indicates strength + continuation, not exhaustion
• Structure supports a longer-term move, not a quick trade
🧠 Approach:
This is a long-term setup — patience, discipline & controlled position sizing required. Avoid chasing; let the structure work.
⚠️ Clarification:
Independent technical view based on market study only. No part of Religare involved.
📉 Disclaimer: Not SEBI-registered. Do your own research before taking any investment decision.
JINDAL STAINLESS – Ready for New Rally?JINDAL STAINLESS – Ready for New Rally? 🚀
Jindal Stainless Limited
📌 Trade / Positional Setup
• CMP: ₹847
• SL: ₹715
• Target: ₹1202
📍 Structure & Logic
• Rounding bottom structure in place
• Monthly close above ₹848 = pattern breakout confirmation
• Metal rally is rotating (Copper → Aluminium → Steel)
• Rotation tailwind can push JSL towards new highs
🧠 Approach:
Structure-based positional trade — patience + position sizing required.
Enter/hold on confirmation; avoid chasing intraday noise.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees — sharing for educational and informational purposes only.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
EURUSD – The Strong Comeback of the BullsHello everyone, what’s your view on the current FX:EURUSD trend?
EURUSD is currently trading around 1.176–1.177, having successfully held the key support zone at 1.14–1.15, which previously acted as a strong demand area. After a prolonged corrective phase, price is now forming a rounded bottom pattern, signaling that buying interest is gradually returning.
If price continues to hold above this base, the pair is likely to move higher toward the 1.185–1.190 resistance zone. Beyond that, the psychological 1.200 level becomes a notable target should the bullish trend be confirmed.
With the U.S. dollar gradually weakening as expectations for Federal Reserve rate cuts remain in place, EURUSD is well-positioned to sustain its recovery. The preferred strategy is to look for buying opportunities on pullbacks to support, rather than chasing price at higher levels.
Do you think EURUSD is ready for a new bullish leg at the start of next year?
Feel free to share your thoughts!
NMDC – Rounding Bottom Breakout | Retest Done NMDC – Rounding Bottom Breakout | Retest Done 🔁
NMDC Limited
📌 Trade / Swing Plan
• CMP: ₹83
• SL: ₹58 (recent swing low)
• Targets: ₹97 → ₹114 → ₹146
📍 Structure & Logic
• Rounding bottom formed; breakout in April
• Retest of breakout level completed
• Stock has gone through long, slow consolidation (energy build-up)
• With metal rally, price is again turning up
• Confirmation above ₹96 (also near 61.8% level & recent high)
• Pattern math: Depth ~₹64, Breakout ~₹81 → 81 + 64 ≈ ₹145 (near ATH)
• Post-correction, small rounding bottom forming → adds conviction
🧠 Approach:
This is a slow but potential big-trend setup. Patience + correct position sizing is critical to ride the move.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
DXY 7mo rounding bottom -- more gains likelyEarly 2025 saw a nasty TVC:DXY drawdown; one of the worst starts for the Dollar against foreign currencies in decades.
Despite bearish calls for the Dollar to drop significantly further it's been consolidating at the bottom of a long standing 19 year upward trend channel.
On the daily chart featured above, there's now a clear rounding bottom on TVC:DXY over the past 7+ months, with a clear, sharp uptrend in momentum right along the way.
The risk is to the upside imo.
$SHOP: A 4-Year Pattern Breakout Before EarningsWith the AI bubble looking frothy, investors are hunting for the next big rotation. The consumer holiday play looks like the perfect switch, and all eyes are on $SHOP.
This is looking like a clean breakout from a massive 4-year rounding bottom—a pattern this big is a major deal.
The setup couldn't be more critical:
• Catalyst: Earnings are tomorrow (Nov 4) pre-market.
• Sector: AMZN just hit a record high. The e-commerce holiday season is the clear narrative right now.
• History: SHOP has a strong track record of beating revenue estimates for the last two years.
• Momentum: The stock is already up over 60% YTD and the RSI is high, showing strong buying interest.
• High Beta: The stock's beta is over 3.5. This thing is built to move on a catalyst.
You have a long-term technical break, a major sector rotation, and a huge earnings catalyst all hitting at the same time. This is a powerful combination. Watching this one very, very closely today.
VST Tillers: Explosive Volume Breakout! Target 5,900+BUY Setup 🚜
Entry: ₹5,703-5,720 (Current Level)
Target 1: ₹5,779-5,800
Target 2: ₹5,887-5,900
Target 3: ₹6,000+ (Extended)
Stop Loss: ₹5,620
Technical Rationale:
Massive volume spike (8.71K) - highest in recent period, highlighted with blue arrow
Strong bullish momentum with +5.23% surge today
Breaking out from consolidation range (5,460-5,700)
Price moving above resistance zone marked at 5,700
Rounding bottom formation visible - classic bullish reversal
RSI around 65, showing strength with room for upside
Volume confirmation is exceptional - institutional buying evident
Agricultural/tractor sector showing renewed interest
Two major resistance levels clearly marked at 5,779 and 5,887
Support established at breakout zone (5,650-5,680)
Risk-Reward: Strong 1:3+ ratio
Pattern: Rounding bottom breakout with exceptional volume - highly reliable bullish signal
Strategy: Short to medium-term swing - Book 30% at T1 (5,790), 30% at T2 (5,890), trail remaining with SL at 5,720 after T1
Key Catalysts:
Volume explosion indicating smart money accumulation
Agricultural sector tailwinds
Festive season demand
Key Levels:
Strong Resistance: 5,779, 5,887
Support: 5,650, 5,620, 5,600
education purpose only
Aditya Vision Ltd. — Long Setup After BreakoutChart: Daily timeframe
Technical View
listing, the stock went through a long consolidation phase, forming a base.
Recently, price broke out above ₹530 resistance with strong volume, confirming institutional participation.
The breakout has been followed by healthy price action — higher highs & higher lows.
Volume during the breakout was significantly higher compared to the consolidation period, which adds conviction.
After breakout it is in consolidation zone.
Entry Zone: Around ₹560–580 (current breakout retest zone).
Long term target can be ₹700-800.
Stop loss is just below breakout line. Good risk reward ration stock.
This looks like a classic post-IPO consolidation breakout with volume confirmation. If retest holds, it offers a solid swing entry with favorable risk/reward.
Disclaimer:
This analysis is shared for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy/sell any security. Trading and investing involve risks, and you should do your own research or consult with a qualified financial advisor before making decisions. Past performance does not guarantee future results.
SWIGGY - Breakout Soon (1-3 months)#SWIGGY #breakoutstock #patterntrading #cupandhandle #roundingbottom #trendingstock
SWIGGY : Swing Trade (1-3 Months)
>> Breakout candidate
>> Trending stock
>> Cup and handle pattern
>> Rounding bottom in the long run
>> Good Strength & Volumes Dried up
Swing Traders can lock profit at 10% and keep trailing
Pls Boost, Comment & Follow for more analysis
Disc : Charts shared are for Learning purpose not a Trade Recommendation, Take postions only after consulting your Financial Advisor or a SEBI Registered Advisor.
Elecon Engineering: Pre-Breakout Momentum Building!🚀 Elecon Engineering: Pre-Breakout Momentum Building! 🚀
📉 CMP: ₹716
🔒 Stop Loss: ₹652
🎯 Target: ₹952
🔍 Why It Looks Promising?
✅ Rounding Bottom Breakout: Strong breakout above ₹652 with a successful retest.
✅ Fresh Upside Move: Momentum picking up—on track to challenge all-time highs.
💡 Strategy & Risk Management
📈 Staggered Entry: Accumulate gradually near support to manage risk effectively.
🔒 Strict SL: Maintain a disciplined stop loss at ₹652 to protect capital.
📍 Outlook: Elecon is well-positioned for a fresh rally with strong technical structure and volume support.
📉 Disclaimer: Not SEBI-registered. Please conduct your own research or consult a financial advisor before investing.
#EleconEngineering #BreakoutStocks #TechnicalAnalysis #RoundingBottom #SwingTrading #StockMarketIndia #InvestSmart
Raymond Lifestyle is looking good!NSE:RAYMONDLSL
- After a 5 month long consolidation now breaking out.
- This is looking like a stage 2 breakout.
- Relative strength turned positive.
- RSI is above 70 indicating very high momentum
- Volume is also very good on the break out candle. Also we can observe that volume is higher on the green candles and lower on the red ones.
- Today it closed above its 100 day exponential moving average as well.
Dogecoin - Don't forget the dog now!Dogecoin - CRYPTO:DOGEUSD - still remains quite bullish:
(click chart above to see the in depth analysis👆🏻)
Basically during every major bullrun on Dogecoin, we always saw a correction of at least -60%. Therefore the recent drop of -70% was not a surprise at all but rather a natural all time high rejection. If Dogecoin manages to now create bullish confirmation, the bullrun will continue.
Levels to watch: $0.2. $0.5
Keep your long term vision!
Philip (BasicTrading)
Alibaba - This was just the obvious bottom!Alibaba - NYSE:BABA - will head much higher:
(click chart above to see the in depth analysis👆🏻)
Ever since Alibaba actually retested the previous all time low in 2022, we have been able to see the textbook creation of a rounding bottom formation. Even the recent break and retest was perfectly playing out and if Alibaba confirmes the potental breakout, a rally of +50% will most likely follow.
Levels to watch: $140, $220
Keep your long term vision!
Philip (BasicTrading)






















