NOCIL - target @ 235-300 and aboveNOCIL, trading @ 200 on NSE/BSE
it may reach firstly @ 235, where it had formed a gap when it was falling downwards. 235 may act as a strong resistance as it traded around this level in FEB 2025.
it may also scale towards 300 plus levels since high volume buying candle is formed on 31 july 2024 around 320 levels , note that buying volume is considered a major signal for upside move.
factors supporting the same :
1- around 185-195, it has formed major buying volume candles (DAILY TIMEFRAME) which suggests follow-up upmove may continue
2- 198 which was acting as resistance SINCE MARCH 2025 is broken successfully , making highs @ 208, and closing at 200
3- technical indicators are also supporting the same analysis as RSI is at 64, trading above its own moving avg . MACD is trading above zero level and above signal line
4- price is trading at the upper range of the 15 day donchian channel , suggesting range breakout.
buying is suggested between 185-205 levels , keeping stoploss @ 175 for targets of 235 and may be 300 if markets sustain upward strength for coming months.
Oscillators
HERITGFOOD - Cup & Handle Breakout with RSI Confirmation | Daily📊 HERITAGE FOODS LTD (HERITGFOOD) – Cup & Handle Breakout with RSI Confirmation | Daily Chart
📅 Chart Date: June 5, 2025
📈 CMP: ₹446.10 (+5.94%)
📍 Ticker: NSE:HERITGFOOD
🔍 Technical Analysis Overview
☕ Cup & Handle Pattern Breakout
HERITGFOOD has successfully broken out of a Cup & Handle pattern, signaling the end of a long downtrend and a potential start of a new bullish wave. The breakout zone lies around ₹435–₹440.
💥 Breakout Volume: Supported by a strong surge in volume (~1.32M), adding conviction to the breakout.
📉 RSI Indicator:
RSI is at 69.30, just below overbought territory, indicating strong momentum.
RSI crossover above signal line confirms bullish strength.
📍 Key Price Levels
✅ Breakout Zone: ₹435–₹440
🚀 Upside Targets (based on pattern projection and past resistance):
₹470 – minor resistance
₹510 – medium-term swing target
₹550+ – extended target if momentum sustains
🛡️ Support Levels:
₹435 – breakout retest zone
₹415 – minor base
₹390 – handle bottom (critical invalidation)
🔻 Stop Loss Zone: Below ₹415–₹420 for risk-managed swing positions
🛠️ Trading Strategy
Entry: After confirmation candle above ₹440 or on pullback to retest breakout zone
Stop Loss: Below ₹415
Targets: ₹470 → ₹510 → ₹550+
Risk/Reward: Attractive R:R setup with confirmation indicators
⚠️ Disclaimer
This chart is for educational and analysis purposes only. Please consult a SEBI-registered financial advisor before taking any trading decision.
Bitcoin (BTC) Technical Analysis for the Week of Jue 02 -June 09Technical Analysis
Price Action: Bitcoin is consolidating around $105,000–$108,000 after a sharp rally from April lows (~$74,000) and a peak near $112,000. A recent 3% correction was driven by profit-taking, with BTC stabilising near $106,000.
Trend: Medium-term trend remains bullish, but momentum is slowing. BTC has broken the previous resistance , indicating a potential slower rise or horizontal movement.
Note : Indicator MACD making bearish diversions in my view its not strong .
Key Levels:
Support: ~$102,600–$103,500 (recently tested)
Resistance: ~$106,000 (current resistance) and $110,500–$123,000 (next major target).
-- 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
RAMKY INFRA LTD - Bullish Pattern📊 RAMKY INFRA LTD (1D) – CMP ₹540.55
📅 Date: May 21, 2025
📈 Exchange: NSE
📌 Ticker: RAMKY
🧠 Technical Analysis Overview
✅ Bullish Inverse Head & Shoulders Pattern:
Price has broken out of a clearly formed inverse head and shoulders pattern — a powerful trend reversal structure — indicating a strong bullish sentiment and possible long-term uptrend.
✅ Breakout Confirmation:
A sharp breakout above the neckline near ₹512 has occurred with strong bullish momentum and increased volume.
✅ RSI Indicator – 📈
RSI is at 68.58, approaching overbought levels but not showing divergence yet, confirming continued bullish strength. The RSI trend also shows recent bullish crossovers.
📍 Key Price Levels
📌 Support
🟥 ₹512.20 – Neckline retest level (ideal re-entry zone)
📌 Resistance (Targets)
🔵 ₹555.95 – Immediate target
🔵 ₹585.00 – Mid-term resistance
🔵 ₹612.85 – Major resistance / final target from pattern projection
💬 Potential Strategy
Breakout Entry already active above neckline
Pullback Entry possible near ₹512–₹520
SL below ₹512
Target 1: ₹555
Target 2: ₹585
Target 3: ₹612+
📌 Conclusion
RAMKY INFRA is breaking out of a strong inverse head and shoulders pattern with bullish volume and RSI confirmation. Watch for a potential retest near ₹512 for a high-probability entry. Targets lie ahead at ₹555, ₹585, and ₹612.
🛑 Disclaimer:
This analysis is for educational purposes only. Not investment advice. Always DYOR or consult your financial advisor.
SKF Great Bullish PotentialSKF has been showing continous Bullish RSI trend in the daily chart. And fundamentals also exhibit strength, with the company being debt free, Good cashflow, Positive earnings and Rising EPS.
It has a very strong support zone in 3900-4200 price range, where big institutional and responsive buyers are present.
Big volume on chart indicate entry of initiative buyers after the price testes lows for some time and was effectively bought by responsive buyers.
RSI Profile shows - A Clear bullish trend.
We expect the price to continue rising in the coming weeks with the following targets
Targets :-
1) 5157
2) 5770
3) 6420
4)7520
SMCI short term Target of 54SMCI has been correcting in a complex zig-zag correction.
It has completed triple Zig-Zag, correction seems over as per Wave-3 max pull back and seems to be headed towards 54 in short time, provided some conditions are met.
Conditions:
a) Correction should stop at around this level or can go max till ~38.23, what it means is, price damage should stop, we may still correct in horizontal way not breaking price of approx 38.23.
b) We need fast re-tracement of price towards ~44.40
If above is satisfied, entry at 44.40 for a target of 54 is a good probabilistic trade.
When set up gets invalid ?
When price breaks and closes below 38.23 on 4hr closing candle basis.
Nifty momentum turned positive with strong closing.Nifty opened with a gap up, added to the gains further and momentum truned positive. Closing was some 916 points higher from Friday's closing.
24370 is a major support now, cab=n be uses as trend deciding pivot.
24950, 25040, 25080, 25250 immediate resistance levels,
24700, 24590, 24450 and 24370 are major support levels.
Pls refer to chart text for reading on indicators.
Nifty -Some recovery was seen in momentum towards end of sessionNegative momentum continued, Nifty opened with a gap down and continued within the range of first 54 min candle. Closing was some 100 points higher than the day's low.
23947 is a major support now, and as Nifty looks a bit oversold, this may act as a medium term support.
24120, 24165, 24240, 24360, 24410, 24460 immediate resistance levels.
23950, 23900, 23860 remain immediate support levels.
Once it exceeds 24240 and sustains, stability or up-move can be seen.
Refer to the charts text for detailed reading of Indicators.
NIFTY daily Retrace 61% from bottomHello everyone,
Nifty spot 24340 consolidating since 2 weeks within range of 24000 to 24500 rsi negative divergnve is there on daily time aong with fibbonacci 61% retrace from bottom volume is not supporting bullish breakout away from 200 ema can expect bearish move till 23500 trendline support.
NIFTY : Very bearish due to forming Bearish Divergence pattern
BEARISH DIVERGENCE -
Market has formed a higher high on the chart whereas rsi has formed a lower high which indicates a bearish divergence pattern. This indicates upcoming market fall
Bearish Divergence forms when market forms higher high & rsi forms lower high
BEARISH MACD -
The macd line recently crossed below the signal line inside the macd indicator forming bearish macd crossover. Market is likely to fall in the upcoming days due to this bearish signal
MACD indicator is the combination of 2 lines - macd line is the difference between 26-period & 12-peroid EMA & signal line is the 9-period EMA of macd line
INVERTED HAMMER CANDLESTICK -
On daily timeframe NSE:NIFTY has formed a bearish candlestick pattern called "Inverted Hammer". it indicates reversal of the ongoing trend and beginning of the opposite trend ie bearish trend here.
Inverted Hammer candlestick is formed when a candlestick has long upper shadow & smaller body at the bottom
PROFIT TARGET -
target is 23194.25
STOP LOSS -
24908.05
Marico Ltd- Cup & Handle Breakout Forming?Marico Ltd.—Cup & Handle Breakout Forming? ☕️📈
📆 Date: April 10, 2025
📊 Chart Analysis:
Marico is showing a classic "cup & handle" pattern, a bullish continuation setup. The price has successfully broken above the neckline resistance, indicating a potential for upward continuation if volume sustains.
📌 Key Levels:
🛑 Resistance (neckline—now flipped to support): ₹685
✅ Support (Base of Cup): ₹580
🔼 Immediate Resistance Targets: ₹710 ➡️ ₹735 ➡️ ₹765
📈 Indicators & Technicals:
☕ Cup & Handle Pattern clearly visible with a rounded bottom and breakout above resistance.
🔍 RSI at 71.35 shows bullish momentum but is slightly overbought —a sign of strength with caution.
💹 Volume steadily increasing — confirms accumulation phase and breakout intent.
🟥 Multiple "Bear" RSI icons (prior weakness) followed by a ✅ "Bull" label hinting at a momentum shift.
📉 Bearish divergence in RSI is now getting invalidated by price strength and pattern breakout.
🧠 Trade Plan:
📌 Entry near ₹685–₹695 breakout zone
🎯 Targets: ₹710 ➡️ ₹735 ➡️ ₹765
❌ SL: ₹670 (below neckline)
📌 Disclaimer: For educational purposes only. Do your own research or consult with a SEBI-registered advisor before trading or investing
Reliance - Price action channel + Candlestick + RSIKey Observations from the Chart
Channel Structure -
Both resistance and support lines have been tested multiple times with precise reactions
The most recent price action shows a strong rejection at the lower channel boundary
Candlestick Formation-
This month printed a textbook strong lower wick rejection candle:
Long lower wick indicates buyers aggressively stepping in at support
RSI Confluence-
The RSI tells a compelling complementary story:
Recently retested COVID-era levels (historic oversold territory)
Has since established higher highs and higher lows (bullish structure)
Shows positive divergence with price (RSI making HHs while price tests support)
GMDC - Chart of The Week, Testing Trendline, Change of PolarityNSE:GMDCLTD has a beautiful structure on the Weekly Timeframe to qualify for my Chart of the Week idea. It saw Decent Above-Average Volumes and confirmed a Change of Polarity and is Now Testing the Falling Trendline with RSI and MACD trending upwards.
About:
NSE:GMDCLTD is primarily engaged in 2 sectors, i.e. mining and power. Its projects include Lignite, Bauxite, Fluorspar, Multi-Metal, Manganese, Power, Wind and Solar.
Trade Setup:
It could be a good Swing Trade if it breaks the trendline and the Change of Polarity is Still Intact.
If the Trade gets activated after breaking the trendline, then keep this Week's Low as the Stop Loss or Even Take RSI and MACD as a Stop Loss Signal.
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Disclaimer: "I am not 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.
QUESS CORP LTD- Weekly Chart Analysis📊 QUESS CORP LTD – Weekly Chart Analysis
🕰️ Timeframe: 1W | 📈 Pattern: Cup & Handle Formation
🔍 Chart Overview:
QUESS is exhibiting a classic multi-year Cup & Handle pattern, forming over 3 years — a powerful technical setup indicating potential bullish continuation.
Currently, price is approaching a crucial descending trendline resistance that has been respected multiple times. A breakout above this level with volume confirmation could signal a major upside.
🔑 Key Technical Highlights:
📉 Trendline Resistance: Near ₹420
🟢 Immediate Resistance Zone: ₹390–₹420
🛑 Support Zone: ₹325–₹300
🔁 Breakout Watch: Close above ₹420 (weekly) with volume = bullish confirmation
📊 Volume & Momentum:
Increasing volume on recent up moves
RSI trending upward (if included, add RSI screenshot or note over 60+)
🧠 Bias: Bullish (on breakout confirmation)
🔔 What to Watch:
🔓 Breakout above ₹420 = trigger for swing/mid-term entries
📉 Breakdown below ₹325 may invalidate pattern
⚠️ Disclaimer: This is not financial advice. Chart shared for educational purposes only. Do your own research before investing.
📌 Follow for more chart setups | PriceAction_Pulse
💬 Drop your views or questions in comments!
GRSE - Chart of the Week, Breaking Trendline and Made a BaseNSE:GRSE has a beautiful structure on the Weekly Timeframe to Qualify for my Chart of the Week idea, it saw Decent Volumes this week around the marked Key Levels of 100 WSMA and also broke the trendline with RSI Trending Upwards.
About:
NSE:GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.
NSE:GRSE is a diversified, profit-making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard.
Trade Setup:
Could be a good Positional Trade with the 100 WSMA Being a Major Support along with Marked Key Levels, Buy on Dips as the Entire Defense Sector is in an Uptrend and it Broke the Trendline Strongly this week.
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Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only 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.
Indian Bank - Crossing Swing High'sNSE:INDIANB is Crossing Swing Highs on Weekly Time Frame and Daily Time Frame with RSI and MACD Trending Upwards, it has seen consistent accumulation around 489-495 Levels.
With the RBI rate cut and 1.16 times Book Value, it's Looking Good for a Swing Trade
About:
NSE:INDIANB is a medium-sized bank that was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.
Trade Setup:
Add Few and Buy on Dips if it holds this week's low
Target(Take Profit):
Ideally up to your Swing Apetite Levels and ATH Levels, of course.
Stop Loss:
If aiming for ATH, Current Week's Low, if aiming for More, keep 489-495 Levels in Mind.
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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.
Archean Chemical - Chart of the WeekNSE:ACI has a beautiful structure in the Weekly Timeframe that qualifies for my Chart of the Week idea. It saw Decent Volumes this week and closed above its recent swing high, with RSI and MACD Trending Upwards and Closing Above all Major Short moving Averages, breaking the Trendline.
About:
NSE:ACI is India's largest exporter of bromine and industrial salt in Fiscal 2021. The company is the leading specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.
Brokerage View:
ICICI Securities research report on Archean Chemical Industries
ACI has a plethora of opportunities – each carrying strong value creation potential – along its path ahead. Right off the bat, the expansion in bromine derivatives, and thus, higher captive bromine consumption would likely provide a strong fillip to ACI’s bromine business. Separately, Oren shall help cater to chemicals’ demand for O&G exploration services along with bromine compounds. Also, the success in its SOP flotation process could unlock extensive value. Further, its foray into SiC chip production – likely production FY28E onwards – would place ACI among the few Indian producers in semiconductors.
Outlook:
It is also exploring a giga-factory in ZincGel batteries using zinc-bromide electrolyte, which exhibits synergies with its bromine. In our view, the stock has little to lose due to undemanding valuations (12.8x FY27E PE). Retain BUY and TP of INR 675 (based on 15x FY27E EPS).
Trade Setup:
It has broken the falling trendline and respected a Major Support Zone, Buy on Dips will the way to play this counter because of the uncertain environment of trump tariffs.
Stop Loss:
Swing Low Levels around the Levels Marked on a Weekly Closing Basis only.
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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.
Kalyan - Pullback SwingNSE:KALYANKJIL today gave a Breakout of Falling Trendline and Closed above its Swing Highs With Good Volumes after Making a Base Just Around The Same Levels Previously in One Sided Fall From Top. Today closed above 50 DEMA with RSI trending upwards.
About:
NSE:KALYANKJIL designs, manufactures, and sells a range of gold-studded and other jewellery products at various prices. It is one of the largest jewellery retailers in India.
F&O Activity:
Significant Long Buildup With 460 PE OI Increasing Significantly.
Trade Setup:
Can Swing Back to 200 DSMA as it failed last time? Visible on Charts, it may create the same swing, and if sustained, it can further give good swing results. The season is on.
Target (Take Profit):
Around 200 DSMA, i.e 600 Levels as of Now
Stop Loss:
Swing Low Base as Shown.
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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.
Tata Consumer Prod. - Chart of the WeekNSE:TATACONSUM has a beautiful structure in the Weekly Timeframe that qualifies for my Chart of the Week idea. It saw Decent Volumes this week and closed above its recent swing high, with RSI and MACD Trending Upwards and Closing Above all Major Moving Averages.
About:
NSE:TATACONSUM is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second-largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other geographies including Canada, the UK, North America, Australia, Europe, the Middle East and Africa.
F&O Activity:
Significant Shorts are getting covered with 1050 PE OI Increasing Significantly.
Trade Setup:
It is Forming Like a Falling Wedge, it can test the upper edge and can give a good swing towards
1186-1190 Levels. So buy on Dips Until it closes below the Swing Low, ideally around the Marked Green Levels.
Target(Take Profit):
Around the Upper Edge of the Falling Wedge.
Stop Loss:
Swing Low Levels around 950-930.
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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.