Breakout Alert- MAX HEALTHCAREA classic Volatility Contraction Pattern (VCP) breakout spotted on the daily chart of Max Healthcare!
-6 months of tight consolidation with multiple contraction phases
-RSI > 65 and rising – strong bullish momentum
-Breakout above resistance after multiple rejections (marked with red arrows)
-Volume spike confirms institutional buying
-Trading above EMA50 – trend support holds firm
Watch Zone: ₹1,230+
Support: ₹1,140 / EMA50
Targets (if trend sustains): ₹1,350 / ₹1,500+
Always DYOR (Do Your Own Research) before investing.
Chart Patterns
RattanIndia: Next New-Age Multi-Bagger Play ? Chart of the WeekWhy NSE:RTNINDIA Could Be Your Next Multi-Bagger Play, let's analyse my "Chart of the Week" Idea.
Price Action:
• Multiple base formations visible across the timeline from 2021-2025
• Classic cup and handle pattern formation during the 2023-2024 consolidation phase
• Rectangle consolidation pattern between ₹35-40 levels during Early 2025
• Strong breakout from multi-year resistance around the ₹75-80 zone
• Current pullback to retest breakout levels around the ₹47-50 range
Key Supports and Resistance Levels:
• Primary Support: ₹47-50 (previous resistance turned support)
• Secondary Support: ₹35-40 (rectangle pattern base)
• Major Support: ₹25-30 (long-term base level)
• Immediate Resistance: ₹65-70 (previous consolidation zone)
• Major Resistance: ₹75-80 (breakout level)
• Target Resistance: ₹94-95 (measured move projection)
Base Analysis:
• Stage 1 Base: ₹10-25 range from 2021-2022 (Accumulation phase)
• Stage 2 Base: ₹35-45 range during 2023-2024 (Re-accumulation)
• Current Base: ₹47-50 retest zone (Healthy pullback after breakout)
Volume Spread Analysis:
Volume Characteristics:
• Massive volume spike during recent breakout (300+ million shares)
• Above-average volume during consolidation phases
• Volume expansion on upward price movements
• Volume contraction during pullback phases indicates a healthy correction
• Volume profile shows strong institutional participation
Volume Patterns:
• Accumulation is visible during base formation periods
• Distribution avoided during recent highs
• Current pullback on lower volume suggests buying interest at support
Trade Setup:
Entry Strategy:
• Primary Entry: ₹48-50 (current support retest)
• Secondary Entry: ₹52-55 (breakout reconfirmation)
• Aggressive Entry: ₹45-47 (deeper pullback opportunity)
Exit Levels:
• Target 1: ₹65-70 (38% upside from ₹50)
• Target 2: ₹80-85 (65% upside from ₹50)
• Target 3: ₹95-100 (90% upside from ₹50)
Stop Loss Levels:
• Conservative: ₹42-43 (below rectangle support)
• Moderate: ₹45-46 (below recent lows)
• Tight: ₹47-48 (below immediate support)
Risk Management:
Position Sizing:
• Risk 1-2% of portfolio capital per trade
• Use a 2-3% position size for a conservative approach
• Maximum 5% allocation for aggressive traders
Risk-Reward Ratios:
• Entry at ₹50 with ₹45 stop: Risk-Reward of 1:3 to 1:9
• Entry at ₹52 with ₹47 stop: Risk-Reward of 1:2.6 to 1:8.6
Portfolio Allocation:
• Small-cap allocation: 10-15% maximum
• Individual stock limit: 2-5% of total portfolio
• Sector diversification recommended
Sectoral and Fundamental Backdrop:
Business Overview:
• NSE:RTNINDIA comprises of tech-focused new age businesses, including e-commerce, electric vehicles, and drones
• The company is completely focused on providing world-class electric mobility products that are affordable and accessible to every Indian
• Multi-business model spanning fintech, e-commerce, and drone technology
Sector Dynamics:
• The electric vehicle sector is experiencing government policy support
• The e-commerce segment is benefiting from the Digital India initiatives
• Drone technology is gaining traction in commercial applications
• Tech-focused businesses aligned with India's digital transformation
Financial Highlights:
• Market cap of RattanIndia Enterprises Ltd stood at Rs. 8,263 Cr
• RattanIndia Enterprises Ltd's net Sales rose by 22% since the same period last year to ₹ 6,866 Cr in the FY2025
• The company is in a growth investment phase with expanding business verticals.
Investment Thesis:
• Diversified exposure to high-growth sectors
• Potential beneficiary of India's transition to electric mobility
• Strong technical setup after multi-year base formation
• Early-stage company with significant scaling potential ahead
Risk Factors:
Technical Risks:
• Small-cap volatility and liquidity concerns
• Dependence on broader market sentiment
• Potential for gap-down moves in adverse conditions
Fundamental Risks:
• Current losses and cash burn in the growth phase
• Execution risk across multiple business verticals
• Competition in the electric vehicle and e-commerce segments
• Regulatory changes affecting drone and fintech operations
My Take:
This technical setup presents a compelling opportunity with the stock breaking out of a well-defined pattern, supported by decent enough fundamentals in the Growth Sectors of New Age Company and favourable sector dynamics. The risk-reward profile appears attractive for traders and investors willing to manage position size appropriately.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FOLLOW for more
👍BOOST if you found it useful.
✍️COMMENT below with your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
47% Potential Upside in Route Mobile? Channel Reversal Analysis!Hello Everyone, i hope you all will be doing good in your life and your trading as well! In today's post, i have brought a very interesting reversal setup on Route Mobile Ltd.
After spending over 2 years inside a falling channel , the stock has recently shown a sharp bounce right from the long-term channel support , which has held strong since 2022. Not just that, this bounce came with a strong volume spike , hinting at fresh buying interest.
The current price action structure is clearly indicating a potential trend reversal from the lows. I have marked a Good Accumulation Zone between (1100-1030) , where smart money seems to have stepped in. If this setup works out, I am looking we can see good spike in coming few weeks, Please check chart above to know about the targets.
To manage risk, I have kept a safe Stop Loss at 863 , which is approx 12% downside , while potential upside is over 47% . That gives us a solid risk-reward structure for positional traders.
Technicals Match Fundamentals:
Route Mobile is a strong player in global cloud communications, working with big names across the world. Long-term fundamentals remain stable, and the chart now supports a technical reversal.
If you enjoy such chart-based trade setups backed by structure and logic, don’t forget to LIKE & FOLLOW for more.
Disclaimer: This idea is purely educational. Please consult your advisor before investing.
LAURUS LABS LTD ANALYSISFOR LEARNING PURPOSE
LAURUS LABS LTD - The current price of LAURUS LABS LTD is 666.60 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone and making 4 year high
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The stock is famous and it belongs to a sector which is defensive and has not done much in last weeks so I am expecting some move from that.
6. The stock was very strong in 2020-2021 and it needed a good rest which it got in last 4 years
7. The stock has been outperforming major Index as well as Sectoral Index which is a good sign
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 588 rupees
I will be managing my risk.
Silver flag to go higher with best risk rewardChart Analysis Overview:
Silver is consolidating in a bullish pennant/flag pattern after a strong uptrend.
The price is hovering near $36.17, showing healthy consolidation after a breakout.
According to the Ichimoku Cloud:
Price is well above the Ichimoku Cloud, indicating a strong bullish trend.
The Tenkan-sen (red) and Kijun-sen (blue) are supporting from below (~$35.53 & ~$34.27), acting as dynamic supports.
Directional Movement Index (DMI):
+DI (blue) > -DI (red) = Bullish bias.
ADX (orange) is above 20 (~14.65), indicating trend strength is building.
Pattern Formation:
A bullish pennant is forming, which generally breaks upward after a strong prior rally.
Breakout point lies above $36.50–36.70, which is the top of the pennant.
[/b Trading Idea for Swing Traders:
🔹 Buy Entry:
Above $36.75 (Breakout confirmation above flag/pennant resistance)
🎯 Targets:
Target 1: $37.50
Target 2: $38.40
Target 3: $39.20 (extended if breakout is strong and momentum continues)
🔻 Stop Loss:
Below $35.30 (below recent swing low and cloud support)
🛡️ Risk-Reward Justification:
This setup offers a favorable risk-reward ratio (~1:2.5 or better).
Bullish trend with consolidation suggests trend continuation.
Nifty Weekly Outlook: Volatility Ahead Amid Global Tensions● Despite briefly breaking above the 25,100 resistance last week, Nifty failed to sustain the momentum and witnessed a corrective pullback towards the 24,500 level.
● Market volatility ticked up, with India VIX rising by 3.08% to 15.08 on a weekly basis, reflecting growing investor nervousness.
● Geopolitical tensions—particularly the escalating conflict between Israel and Iran—are weighing on global sentiment, and Indian equities are not immune to this uncertainty. However, relative strength in the Indian markets suggests that they may continue to outperform global peers in the near term.
● For the upcoming week, Nifty is expected to remain highly volatile, with wide-range oscillations likely. A directional trend may only emerge if Nifty decisively breaches 25,100 on the upside or breaks below the key support at 24,500.
● Options data indicates that the 25,000 level will act as a strong resistance, while 24,500 remains a crucial support zone.
● Importantly, if the index opens below 24,400 at the start of the week, it could invite further selling pressure, tipping the balance in favor of the bears.
● Given the global headwinds and sensitive technical setup, traders are advised to stay cautious as heightened volatility could dominate the week ahead.
GOLD: Further levels using Elliott Wave TheoryWe successfully forecasted the path of gold in our post on May 12th.
Now, GOLD is looking like it's entering an impulse wave.
Wave (1) of this impulse was completed on 23rd May. The price then falls between the zone 38.2% and 50% to form wave (2). This was also predicted by us.
Currently, GOLD is in wave (3).
Now, to get the targets of wave (3), we have two possibilities.
1. Wave (3) goes to 100% and then reverses. This case is of the Terminal impulse. And the further path of GOLD can be predicted later.
2. Wave (3) goes to 161.8% (minimum). This is the case of Trending or normal impulse. And further path of GOLD can be predicted accordingly.
For now, GOLD is looking like going to touch at least the 100% (3490.81) level.
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
This is not any buying recommendations.
Nifty Daily chart suggest some weakness- 24100 Possibility.Nifty Daily chart suggest some weakness- 24100 Possibility.
Nifty Daily chart suggest weakness post global tensions of war in middle east.
Expect some weakness in Nifty before starting fresh move above 25200.
LTP - 24718
downside possibility - 24000 - 24100.
Timeframe 1-3 weeks
Use the opportunity for accumulating Quality stocks for long term investments.
Happy investing.
BTC/USD – Bearish Continuation from Rising Channel BTC/USD – Bearish Continuation from Rising Channel 🚨🧱
This chart indicates a bearish market structure with the following key technical features:
🔍 Chart Analysis:
Change of Character (CHoCH) 🔄
A shift from bullish to bearish was confirmed by a strong breakdown after the CHoCH marked at the top.
This breakdown invalidated previous bullish structure.
Bearish Flag Formation 📉📐
After the impulsive drop, price formed a bearish flag (rising channel), suggesting a potential continuation move to the downside.
Resistance Rejection 🚫
Price is currently testing and rejecting the 105,800–106,500 resistance zone, previously a support turned resistance.
The rejection from this level adds further bearish confluence.
Downside Projection ⬇️📍
If the pattern plays out, the projected move shows a potential drop toward the major support zone at 100,000–101,000.
📌 Key Levels:
Resistance Zones:
105,800–106,500 🧱
109,500–111,000 🧱
Support Zone:
100,000–101,000 💚
🧠 Conclusion:
The chart suggests that BTC/USD is in a bearish continuation phase, with strong rejection from key resistance and a confirmed breakdown from a bearish flag. Traders should watch for confirmation of continuation below 104,500 to target the 100k support level. Risk management is crucial near volatile zones.
BTCUSD – Bullish Breakout Retest on 15m Chart
Bitcoin has successfully broken above a key resistance zone and is now retesting it as support. The clean breakout followed by a retest around the $105,580–$105,620 area suggests bullish continuation if this zone holds. Risk-reward remains favorable with the potential for further upside towards the $106,250 zone.
📈 Entry: $105,600
📉 Stop-loss: $104,987
🎯 Target: $106,250
Keeping a close watch for bullish momentum confirmation on the next few candles.
BTC Decision Point – Are You Watching This?BTC Decision Point – Are You Watching This?
Bitcoin is reclaiming momentum after sweeping liquidity at $102.7K. It's now pushing toward major resistance at $106.1K.
But the real battle? The bearish OB at $107.2K–$108.9K — where price nuked last time.
✅ Break above = clear skies toward new ATHs
❌ Rejection = another trip to $102K or even Under $100K
🔁 Retweet if this helped
💬 Drop your bias below: Long or short?👇
BTC/USDT Bullish Reversal Zone AnalysisSupport Zone:
The horizontal purple box (~104,000 USDT area) has acted as a strong support/resistance flip zone multiple times.
Falling Wedge Breakout:
The price action broke out of a falling wedge pattern earlier, confirming bullish momentum.
Flag Formation (Current):
A smaller bullish flag/pennant appears to be forming, and a breakout above could trigger a strong upward move.
Projected Move:
The black arrow indicates a potential bounce from this support zone, with the price targeting the 111,000–112,000 USDT zone (highlighted in the top purple box).
Volume Spike:
Notable volume spike near the bottom supports the idea of accumulation and possible reversal.
📈 Conclusion:
If the support zone holds and price breaks above the minor flag, a bullish continuation is likely toward the 111,000–112,000 resistance area. Traders should watch for confirmation of a breakout and volume increase for validation.
Simplified Approach to read Candlesticks -Easy Candles ~ Part 1MARKETSCOM:OIL
Introduction
⦿ Candles form the basis of chart creation and analysis.
⦿ A weak foundation can destabilise your entire structure. This thread will clarify and simplify your understanding of price candles.
I use two types of candles on charts:
1. Momentum/trending candles
2. Ranging/trading candles
Understanding these eliminates the need to memorize complex candle names (e.g., Marubozu, Harami bullish) cause every candlestick pattern is formed with combination of these 2 candels only.
Definitions:
⦿ Momentum candle: Body >50% of total size
⦿ Range candle: Body <50% of total size
Decode Momentum Candle
⦿ Only Buyers here - Clear Trend
Decode Range Candle
⦿ Both Buyers & Sellers here - No Trend
⦿ Indecision mode among participants.
⦿ Understand what major players did in the last candle to predict their next move.
⦿ Don't just memorise candle names; grasp the psychology behind them.
⦿ I'll share the levels of candle strength to elevate your candle reading.
♦️Stay tuned and follow for more educational
content.
MAXHEALTH | Inverted Head and Shoulder | Breakout | ATH
## 🩺 **MAXHEALTH – Inverted Head and Shoulder Breakout Analysis**
### 📊 **Pattern**:
✅ **Inverted Head and Shoulder** formation confirmed
* Base support near: ₹936
* Breakout zone: ₹1,200
* Current price: ₹1,232.80
* **Volume spike** on breakout = bullish confirmation
---
### 📐 **Breakout Target Calculation**
* Depth of Cup: **₹255.20**
* Target = ₹1,200 + ₹255.20 = **₹1,455.20**
📌 **Target Area marked** on chart near ₹1,455
---
### 🔍 **Key Technical Insights**
* **Resistance turned support**: ₹1,200 zone
* Strong **volume breakout** above resistance
* Handle was short & tight, indicating bullish strength
* RSI likely above 60 (momentum favoring bulls – though not shown here)
---
### 🎯 **Levels to Watch**
* **Support**: ₹1,200 (neckline), then ₹1,120
* **Resistance**: ₹1,300 minor, **₹1,455** is the measured move target
---
### 📈 **Bias**: **Bullish**
* Price + Volume + Pattern = Valid **Breakout**
* Position traders can aim for **₹1,455** with SL ₹1,200
---
JUBILANT INGREVIA (LONG)Price has given a long tern consolidated range breakout with multiple cofluences
Point to look at -
- All Ema Lined Up (Bullish)
- High Volume Spurt
-14-15 % Move Possiblity
- Big Bar Candle Breakout
Retest Level - 756-760 Area
Upside Level - 870
Invalid Below -690 CB
Till Then, Stay Focused, Keep Following Markets
Silver .. IN distribution test Phase.. Bearish trendSilver 106474 is in UTAD phase.
UTAD- shakeout in the accumulation It occurs in the latter stages and provides a definitive test of new demand after a breakout above the resistance.
Silver has resistance at 108686.
Currently it is trading below 106900
As long as it trade below 106900, Nifty will be in bearish trend and possibility for falling down to 97633
Nifty - Intraday levels & Prediction for - 16 Jun 2025Nifty Prediction for Tomorrow:
Trend : BEARISH
Sentiment : Negative
Expectation : Nifty made BEARISH engulfing in Weekly Chart, and shows weakness. Tomorrow we can expect slight BULLISH move upto 24900 then BEARISH reversal might come and any breakout below 24550 big fall is expected this week.
Look for Buy/Sell at Demand and Supply zone for profitable trades.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
NAZARA | Flag and Pole | Breakout | Daily---
## 🚩 **NAZARA TECH – Bullish Flag and Pole Breakout**
### 📍 **Pattern: Flag and Pole**
* **Pole**: A strong vertical rally of **₹333.90** (\~33.7%)
* **Flag**: A downward-sloping consolidation (tight range), indicating **temporary pause**
* ✅ **Breakout from flag** with **volume spike** confirms continuation
---
### 📈 **Price Action & Levels**
* **Pole Base**: \~₹990
* **Pole Height**: ₹333.90
* **Breakout Point**: \~₹1308
* **Target Projection**: ₹1350+ ₹333.90 = **₹1638** 🎯
---
### 📊 **Technical Strength**
* ✅ **All EMAs** (8, 21, 55, 144) are bullishly aligned
* ✅ **Volume** surged on breakout, validating the move
* ✅ **RSI** broke out of downward trendline, resuming upside momentum
---
### 🔍 **Key Levels**
* **Support**: ₹1240 (flag base), ₹1089 (pole base & rectangle top)
* **Resistance**: ₹1342 (current high), then **₹1590+** (target zone)
* **Stop Loss (Swing)**: Below ₹1305 or ₹1240 zone
---
### 🧠 **Bias**: **Bullish Continuation**
Ideal for swing trades; entry on breakout retest or momentum continuation.
Nifty 50 Weekly Technical Analysis for June 16 – 20 , 2025
~~ Key Technical Indicators and Levels ~~
-- Current Price and Trend:
As of recent trading sessions, the Nifty 50 closed at 24,718 on June 14, 2024, with a marginal decline. The index has been consolidating after a significant rally post-election results, indicating a pause in the bullish momentum.
The short-term trend remains bullish, but the index is showing signs of consolidation near its all-time high.
#Support and Resistance Levels:
Support: Key support levels are identified around 24,500–24,150 (immediate support),
Resistance: Immediate resistance is at 25000–25,100, with a psychological barrier at 25,000. A breakout above 25,100 could target 25,500 in the medium term.
-- Moving Averages:
The Nifty is trading above its key moving averages (20-day, 50-day, and 200-day EMAs), signalling a bullish trend.
A cooling-off in RSI signal a healthy correction before the next leg up.
Chart for your reference
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
Chambal Fertilizers: Exhibits Short-Term WeaknessChambal Fertilizers has recently displayed signs of short-term weakness on its daily chart. The price action indicates a struggle to maintain a position above the 200-day EMA, a widely recognized long-term trend indicator. Despite multiple attempts to close above this crucial level, the stock has been unable to sustain any significant upward momentum, suggesting a prevailing bearish sentiment among market participants.
From a momentum perspective, both the RSI and MACD indicators are currently positioned in what is typically considered the oversold territory. This could imply that the stock has experienced a period of significant selling pressure.
Should the current trend persist, the stock may potentially retest the ₹485 level, which could act as a significant support zone. Conversely, a potential shift in market dynamics could occur if the stock manages to close and sustain above its 200-day EMA for a minimum of two consecutive trading sessions. In such a scenario, traders might consider a revised risk management strategy, with potential stop-loss levels in the range of ₹569 to ₹573 , based on recent price action and potential resistance.
Disclaimer: The information provided in this stock analysis is for informational and educational purposes only and should not be construed as financial advice. Always seek the advice of a qualified financial advisor or conduct your own thorough research before making any investment decisions.
USDCAD - IS A BULLISH TREND REVERSAL BREWING?Symbol - USDCAD
USDCAD is staging a recovery supported by the recent strength in the US dollar. A potential return to the prior demand zone could reinforce the bullish case for the pair and present an opportunity to establish long positions.
Amid the backdrop of dollar strength, the market appears to be transitioning into a new phase. The pair has ceased making lower lows and is now forming an EQL structure, from which it is attempting to break out of the prevailing downtrend. While the initial liquidity retest may lead to a brief correction, a swift rebound and sustained consolidation above this level would confirm the emergence of a bullish market structure.
Resistance levels: 1.3700, 1.3730
Support levels: 1.3660, 1.3648
Despite the recent breakout above descending resistance, selling pressure remains evident, with sellers likely to re-enter near the 1.3686 level. A clear breakout above this area, followed by a shift in market sentiment and consolidation above the 1.3675–1.3686 zone, would validate bullish intent and signal readiness for a broader recovery.
ETH/USDT – Bearish Rejection from Resistance ZoneETH/USDT – Bearish Rejection from Resistance Zone 🚨🧱
The chart reflects a clear bearish structure for Ethereum (ETH/USDT), presenting multiple rejection signals from the resistance zone (~$2,750 - $2,850) marked by red arrows. Here's the breakdown:
🔴 Resistance Zone
Price attempted to break above this zone three times, each met with a sharp rejection.
This indicates strong seller dominance and confirms the zone as a solid supply area.
📉 Current Market Structure
After the last rejection, ETH broke below minor support, turning structure bearish.
Price is currently trading around $2,529.69, forming lower highs and lower lows – a textbook downtrend.
🟢 Support Zone Target
The price is expected to move downward toward the support zone (~$2,250 - $2,300).
The projection drawn on the chart suggests further selling pressure before any potential reversal.
📊 Conclusion
Unless ETH reclaims the resistance zone, the bearish bias remains strong. A move to the support zone looks likely in the near term, where buyers may reassess the market.
📌 Trade Note:
Resistance holds ➡️ look for short entries 📉
Support approaches ➡️ prepare for potential bounce or consolidation