Sundaram Finance | Falling Wedge Breakout with Strong Volume Pattern: Falling Wedge breakout followed by consolidation (bullish continuation).
Breakout Confirmation: Clean breakout from both the wedge and the consolidation box with strong volume.
Indicators:
Volume: Spike visible (🔵 arrow) – confirming strength.
RSI: Crossed above 60 – entering bullish momentum territory.
EMAs: Price trading above all major EMAs – trend supportive.
Buy Recommendation:
Entry Range: ₹340–₹350
(Post-breakout retest may offer ideal entries if available)
🎯 Target Levels:
Short-Term Target: ₹375
Mid-Term Target: ₹410–₹425
(Based on previous swing highs and wedge height projection)
🛑 Stop Loss:
SL Level: ₹320 (below the consolidation box low)
for educational purposes only
ICICI Prudential Life – Turning the Corner?After months of steady decline inside a falling channel, ICICI Prudential Life is showing early signs of reversal. The stock has recently broken out of its channel with a strong bullish weekly candle, closing at ₹571.70 with a +4.5% gain. Volume is picking up, and RSI is curling up above 40 with a bullish divergence—indicating momentum is building. Price is now near a key resistance zone (~₹590–₹610); a clean breakout here could confirm trend reversal.
📊 Financial Snapshot
Net Premium Income: ₹10,169 Cr vs ₹9,465 Cr ⬆️
PAT: ₹226 Cr vs ₹221 Cr (flat YoY)
VNB Margin: Healthy at 26.7%
Embedded Value: ₹47,020 Cr
Solvency Ratio: Strong at 211%
AUM: ₹2.88 Lakh Cr
💡 Why Consider Buying?
Reversal setup after long correction
Attractive risk-reward near base
Steady premium growth, strong solvency
Long-term growth play on India’s underpenetrated life insurance sector
🚫 Risks / Why to Wait:
Resistance at ₹590–₹610 still intact
PAT growth has been flat
Sector sentiment can be sensitive to interest rate trends
🎯 Trade Setup:
Buy Zone: ₹565–575
Target 1: ₹610
Target 2: ₹660
Stop Loss: ₹540
for educational purposes only
Stock: BDL (Bharat Dynamics Ltd) – Positional Trade Setup📈 Chart Observations (1D timeframe):
Price: ₹1,399.30
Recent Highs: The stock attempted a breakout above the ₹1,400–1,430 zone, which has acted as strong resistance since mid-2024.
Previous Breakout Zone: The big rally from around ₹800 to ₹1,800 happened in early 2024, followed by a long consolidation.
Structure: A cup and handle pattern is potentially forming, with the handle nearing completion.
Volume (not visible): Should be checked for confirmation if you plan to enter.
✅ Positional Trade Setup
Entry Zone:
✅ Aggressive: ₹1,395–₹1,405 (current levels)
✅ Safe Entry: On a daily close above ₹1,430 with good volume
Targets:
🎯 Target 1: ₹1,520
🎯 Target 2: ₹1,650
🎯 Target 3 (long-term): ₹1,800+
Stop-Loss:
🛑 SL: ₹1,310 (below the recent swing low & handle support)
Holding Period:
📅 4–8 weeks for initial targets
Can trail SL for longer trend holding if ₹1,800+ is breached
⚠️ Key Levels to Watch:
Support: ₹1,310 | ₹1,250
Resistance: ₹1,430 | ₹1,520 | ₹1,650
"IDFC First Bank: A Potential Swing Trade Setup – Key Levels to IDFC First Bank: Swing Trade Setup – Key Levels & Entry Strategy
Market Overview:
IDFC First Bank has recently pulled back after making an all-time high and is now testing a critical support zone on the monthly timeframe. This presents a potential swing trade opportunity, provided we see confirmation at key levels.
Today's low is ₹52.60, and a break below ₹52.15 could signal further downside before a strong reversal. This trade setup focuses on taking advantage of liquidity grabs and price structure shifts.
Step-by-Step Trade Plan
1. Key Price Levels & Structure Analysis
📌 Current Price Action: Market tested previous lows and showed signs of stabilizing.
📌 Breakdown Level: If ₹52.15 is breached, it could trigger further downside liquidity grab.
📌 Potential Entry Zones:
Early Entry: Above ₹52.15, but only after confirmation of reversal signals.
Safer Entry: If no confirmation appears, wait for a dip between ₹50 – ₹46.
Liquidity Tap Zone: ₹42, where stop losses of many traders may be triggered before a potential upside move.
2. Profit Targets & Risk-Reward Ratio
📈 Profit Targets:
1️⃣ ₹58.65 – First short-term target.
2️⃣ ₹63 – Second target for a larger swing move.
📉 Stop-Loss Strategy:
Place stop-loss near ₹42, below key liquidity zones.
Adjust stop-loss as per risk appetite.
💡 Risk-Reward Calculation:
Entry (₹52.15 - ₹50)
Stop-Loss (₹42)
Target 1 (₹58.65) → Risk-Reward Ratio ~ 2:1
Target 2 (₹63) → Risk-Reward Ratio ~ 3:1
3. Confirmation & Execution Plan
✅ Scenario 1 (Confirmation after ₹52.15 Breakout) – If price stabilizes above ₹52.15 with strong momentum, an early entry can be considered.
✅ Scenario 2 (No Confirmation) – If price continues to decline, wait for accumulation between ₹50 – ₹46.
✅ Scenario 3 (Liquidity Grab at ₹42) – If price taps this zone and rebounds strongly, it may signal a major reversal.
Final Thoughts & Risk Management
🔹 IDFC First Bank is in a critical zone, where institutional buying could occur.
🔹 Patience is key – Wait for confirmation before entering aggressively.
🔹 Manage risk with a strict stop-loss – Avoid emotional trading.
💡 Will IDFC First Bank hold key support levels and push higher, or is a deeper liquidity grab needed before reversal? Let’s analyze further! 🚀📊
Nestlé India – Strong Buy Opportunity After 25% Correction! 🔎 Market Overview & Technical Structure
Nestlé India has undergone a significant 25% correction from its all-time high, presenting a strategic investment opportunity. The stock has recently swiped a key monthly swing low and is now showing signs of potential upside movement.
📉 Stock Correction from High:
All-Time High: ₹2,789
Previous Monthly Swing Low: ₹2,144.95
Recent Low: ₹2,110
Correction from High: ~25% (Approx.)
Current Price: ₹2,250
💡 Why is This a Strong Investment Zone?
✅ Key Monthly Swing Low Taken – This indicates possible accumulation at lower levels.
✅ Six-Month Consolidation – Price has been trading in a range, signaling a potential breakout.
✅ Liquidity Sweep & Recovery – The stock recently hit stop-loss zones and rebounded sharply, suggesting selling pressure is reducing and buyers are stepping in.
✅ Range-Bound Structure – While it's not clear whether this consolidation is accumulation or distribution, as investors, we focus on potential upside.
📌 Trading & Investment Plan:
🔹 📍Entry Strategy:
Breakout Traders: Enter when the price crosses & closes above ₹2,261 for a confirmation of trend continuation.
Swing Investors: If the price retraces to ₹2,155, this would be an excellent long-term accumulation zone.
🔹 🎯 Target Projections:
✅ Target 1: ₹2,380 (Short-term)
✅ Target 2: ₹2,680 (Medium-term)
✅ Target 3: ₹2,880++ (Long-term Potential)
🔹 📉 Stop Loss:
🔺 Strict Stop-Loss: ₹2,110 (Recent Low) – Keeps risk under control while allowing room for volatility.
🔹 Risk Management & Position Sizing:
Use proper position sizing based on risk tolerance.
Avoid over-leveraging and maintain stop-loss discipline.
📢 Final Thoughts – Why This Trade Looks Promising?
📊 Nestlé India has corrected ~25% and is trading near key support zones.
📊 After a stop-loss hunt, the price has shown a sharp rebound, signaling bullish intent.
📊 A breakout above ₹2,261 could trigger further upside momentum.
🚀 Don’t Miss Out!
✅ Follow me for more expert stock insights!
👍 Like & comment if you found this analysis helpful!
💬 Let’s discuss in the comments – See you there! 📈
Strong reversal seen in LIC HSG FIN ????Hi Guys !
• As it is clearly visible from the chart that in downtrend LIC Hsg fin has formed inverse H&S, not only formed but it has break the neckline also with good volume.
• Now to participate in rally wait for another green candle which will also called confirmation candle.
•Once it confirms then enter the trade and target will be 20%-21% from the first broken candle.
• Don't get confuse between target and entry should be after 2nd confirmation candle.
• Stoploss will be low of right shoulder which will be 10%-11%.
***This are all my personal views and thoughts and not any recommendations***
Stock Watch: AJAXENGG📈 Stock Watch: AJAXENGG
🗓️ Date: April 16, 2025
AJAXENGG is showing signs of strength after a long consolidation phase! 🔍
🔹 Breakout Alert: The price is breaking out from a tight range with increasing volume.
🔹 Trend: UP 📈
🔹 Investofino Trend: ✅ 95.86% (Strong Bullish)
🔹 Bullish Stats:
1W Return: 13.86%
1M Return: 11.87%
3W Tightness: 8.43%
🔹 RSI (14): 64.39 → Momentum is building
🔹 RVOL: 191.84% → Volume spike confirms the move
🔹 Buying Force: Still at 0% = Potential for fresh entry
🔹 Bull vs Bear Count (Recent 8:2) favors bulls!
💡 Note: CRS is below 1, so broader strength may still need confirmation. But technically, it's looking promising!
🚦 Rating: BUY
📊 Score: -2 (Early signal, watchlist candidate)
TCS: Rare Opportunity Below 200-Week Moving Average – Potential TCS has entered a historically significant zone. As visible in the weekly chart, the stock is currently trading below its 200-week moving average — a level that has only been breached during the 2008 global financial crisis.
📌 Key Observations:
Current price: ₹3,248.40
200-Week MA: ~₹3,626
MACD shows deep oversold territory – a typical sign of exhaustion in selling
Last time TCS traded this far below the 200W MA was during the 2008 crash — and the stock rebounded strongly afterward.
💡 What’s Supporting a Bullish Case?
US Tariff Pause: With Trump pausing tariff escalation, there's reduced uncertainty in global trade.
Rate Cut Prospects: The US Fed is expected to reduce interest rates soon, which could boost enterprise spending – a major tailwind for IT exporters like TCS.
📈 Growth Potential: If historical patterns repeat and macro factors align, TCS could see a 20–30% upside from current levels, targeting the ₹3,900–₹4,200 zone in the medium term.
🎯 Investment Rationale: This may be a rare opportunity to accumulate a quality stock like TCS at multi-year support levels, backed by strong fundamentals and favorable external cues.
🛒 Verdict: Good Buy Zone for Long-Term Investors
🔍 Disclaimer: I currently hold TCS in my portfolio. This post is for informational purposes only and not a recommendation to buy or sell. Please do your own research or consult a financial advisor before investing.
HDFC BANK | SHORT| STBTHDFC BANK is clearly struggling at the Highs after the major gap up that happened due to the extended weekend.
A beautiful Mean Reversion trade is setting up and I have taken a short position for a Target to the 1838 price level.
This is a counter trend trade.
PS - Not a recommendation
Apollo Tyres at Key Reversal Zone – Big Move Loading!🚨 APOLLO TYRES – Technical Analysis & Trade Plan
🔍 Swing / Positional Opportunity
🔎 Step-by-Step Analysis
1. Monthly Timeframe View
🔸 Previous Monthly High: ₹584.90
🔸 Apollo Tyres Corrected 36.7% from ATH
🔸 Current Market Structure: Price has now entered a strong Monthly POI (Point of Interest) zone.
🔸 Today’s Low: ₹375 – This aligns exactly with our key POI, suggesting possible institutional accumulation.
🔸 Previous Key Swing High: ₹423.50 – This has been broken, indicating a shift in structure from bearish to bullish.
💡 This tells us that supply has weakened and buyers have started dominating. The fact that price has moved out of the demand zone and above the previous structure confirms the strength of this level.
2. Lower Timeframe Confirmation
✅ Today’s gap-down has been fully filled, which often confirms price strength and supports a reversal move.
✅ Price reacting sharply at POI shows that smart money is active at this level.
📈 Entry, Stoploss & Targets
📍 Entry Zone: ₹389 – ₹374
📉 Stop-Loss: ₹355 (just below structure and POI)
📊 Target 1: ₹440
🎯 Target 2: ₹520
📌 Risk-Reward: Well defined with a small risk, giving a potential for large upside.
"Risk is limited, but reward potential is big. A textbook Smart Money entry."
⚠️ Market Conditions
📉 Global markets are weak, so it's important to follow risk management strictly.
👉 Always enter with a stop-loss in place. No blind entries.
✅ Summary & Key Takeaway
Apollo Tyres is showing signs of a strong reversal from a high-timeframe demand zone. With confirmations on both higher and lower timeframes, this could be the right time to start accumulating with a long-term view.
A well-timed, low-risk entry could result in substantial gains.
📢 Don’t Miss Out!
✅ Follow for more smart money-based setups.
👍 Drop a like if this helped and comment with your thoughts!
💬 Let’s chat in the comments section. See you there! 🚀📊
UltraTech Cement Ltd is testing a strong resistance level aroundA breakout above this zone with volume confirmation may trigger a bullish move, making it a buy recommendation if it closes above ₹11,850. The next target would be ₹12,050, with a stop loss at ₹11,690. However, if the price gets rejected at resistance, it could lead to consolidation—so wait for a decisive breakout before entry.
for educational purposes only
Sudarshan Chemical Industries📊 Chart Highlights:
Current Price: ₹1,023
Fibonacci Resistance: Price is approaching the 0.618 Fib level at ₹1,027.60, which is a key resistance.
Box Range: Trading within a consolidation box (approx. ₹940–₹1,030) — currently testing the upper end of the range.
Volume: Volume is moderate; not a strong breakout candle yet.
RSI: Trending upwards, nearing overbought (above 60), positive momentum.
Heikin Ashi Candles: Showing bullish strength.
✅ Recommendation: BUY (on confirmation)
📌 Buy Entry:
Buy above ₹1,035 only on breakout confirmation with volume (i.e., daily close above ₹1,035).
🎯 Targets:
Target 1: ₹1,090 (Fib 0.786 level)
Target 2: ₹1,170 (Fib 1.0 level)
Target 3: ₹1,270 (Fib 1.272 extension)
❌ Stop Loss:
Place SL around ₹980 (just below the Fib 0.5 level and EMA cluster)
⚠️ If Rejected at ₹1,030:
Consider range trading: Sell near ₹1,030 with target ₹940–₹950 and SL ₹1,040.
Wait for a clean breakout or breakdown before taking large positions.