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AXISBANK(13 March 2023)→Type of trade:BREAKOUT TRADE(TC09)AXIS BANK (13 March 2023) → Type of trade: BREAKOUT TRADE (TC09) (IN FOLDER) → Result of Breakout in hindsight : It was a GENUINE BREAKOUT RED STICKER - SHORT TRADE - HORIZONTAL LINE BREAKDOWN --------------------------------------------------------------------------------------------------------------- TRADE OVERVIEW --------------------------------------------------------------------------------------------------------------- WHEN WE IDENTIFIED THIS SETUP? OFF-MARKET HOURS (DURING H.W) OR LIVE MARKET?
NSE:AXISBANK
by ajaymelwani
1
Exide Charging Up for a Breakout?RSI Cross + Rounding Base = Bullish Setup! 🔋🚀 🔍 Technical Breakdown Pattern: Rounding bottom formation after prolonged downtrend. Momentum Trigger: RSI breakout above 60 indicates fresh buying momentum. Volume: Steady build-up in volume—accumulation phase might be over. 📈 Trade Setup Entry: ₹372–₹373 (current breakout zone) Stop Loss: ₹350.80 (just below recent swing low/support) Target: ₹432.90 (previous supply zone) 📊 Indicators RSI: 61 – strong bullish momentum Volume: Healthy participation visible Structure: Price curling up with consistent higher lows—indicative of strength ⚖️ Risk-Reward RRR: ~1:3 — attractive setup for swing traders
NSE:EXIDEINDLong
by MyT_Trader
AFCONS INFRASTRUCTURE Upside potential 20 - 40% Afcons Infrastructure Limited is an India-based infrastructure construction company. It is engaged in construction of marine works, highways, bridges, railways, metro works, hydro and underground, water, tunnels, oil & gas, LNG (liquefied natural gas) tanks. Its business includes Marine and Industrial, Surface Transport, Urban Infrastructure, Oil and Gas, and Hydro and Underground. Marine and industrial segment covers project related to ports and harbors jetties, dry docks, wet basins, breakwaters, outfall and intake structure, LNG tanks and material handling systems. Surface and transport segment which covers project like highways and roads, interchanges, mining-related, infrastructure, railways. Urban infrastructure business focusses on metro works, bridges and flyovers. Oil and gas business focusses on offshore oil and gas and onshore oil and gas segments. Hydro and underground business focusses on the dams and barrages, tunnels and underground works and water and irrigation. Reasons to buy: Trading at the support level PE < 40 FII's increased holding from 8.20% to 18.00% in Dec 2024 qtr. Institutional Investors increased holding from 21.45% to 29.12% in Dec 2024 qtr. Profit is increasing EPS increased from ₹12.06 (2023) to ₹13.20 (2024) despite equity dilution.
NSE:AFCONSLong
by Shaiv_Market
IDFC First Bank : A huge milestone since July 2024IDFC First Bank : A huge milestone since July 2024 ,moving to a buy trajectory ,moving up above a Supertrend first time Since July 2024 and if it manages to close at the level at the end of the day today.. MACD also is progressing well Resistance bands are clearly visible on the chart. Still under 200 SMA which will be another milestone when it crosses that. ( Not a Buy / Sell Recommendation Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
NSE:IDFCFIRSTBLong
by drdevanshu
Adani Enterprises - Breakout in Progress?The stock has been consolidating below a resistance level for several weeks. Today, it has given a breakout above the trendline resistance with good volume. This breakout could trigger a potential uptrend. 🔹 Target & Resistance: Target: ₹2,654.70 (+13.49%) Resistance Level: ₹2,654.70 (marked in purple) 🔹 Volume Confirmation: The breakout is supported by increasing volume, indicating strong buying interest. If the stock sustains above the breakout level, we might see a strong upward move. 🔹 Trading Plan: ✅ Entry: On breakout retest or sustained move above resistance 🎯 Target: ₹2,654.70 🛑 Stop Loss: Below breakout zone 📢 Conclusion: A successful breakout and close above this level could confirm bullish momentum. However, traders should watch for retest and price action confirmation before entering.
NSE:ADANIENTLong
by ProfitLossMereSath
1
DMART Bearish Butterfly Pattern with Divergence🔍 Pattern Identified: Butterfly Bearish Harmonic Pattern complete near the top. The right shoulder of the pattern has shown Positive Divergence: On Awesome Oscillator (AO) — price made higher highs while AO made lower highs. On Volume — clear divergence showing weakening momentum even as price tried to rise. These are strong early warning signals that smart money is exiting. 🧠 Technical Confluence: 📉 Bearish Divergence: Suggests exhaustion of bullish momentum. 📐 Harmonic Pattern Target: Typically, butterfly patterns suggest: Target 1 at 38.2% retracement of leg CD. Target 2 at 61.8% retracement or more — you have identified this beautifully with a likely target near ₹3800. 📊 Impulse Wave Forecast: Your projected 5-wave Elliott impulse indicates a sharp, fast corrective leg is expected. Wave I and III are typically the strongest — if wave I begins soon, the fall could be steep. 🎯 Key Levels: Immediate Resistance: ₹4180–4200 zone (top of butterfly). Breakdown Trigger Zone: Below ₹4100–4080 can accelerate fall. Support Levels: ₹4000 (psychological & previous structure) ₹3900 (near wave iii completion) Final Target Zone: ₹3800 – aligns with the butterfly harmonic projection. ⏱ Time Expectation: You mentioned 2–3 days for the full fall — this is reasonable given: "Volume divergence indicates smart selling is already happening. Once the neckline or structure breaks, algo selling may kick in, pushing the price rapidly toward the target." 📌 Conclusion: Bearish bias is very strong based on pattern + divergence. Expecting a sharp move toward ₹3800 in a short period. High probability trade setup with clearly defined entry, stop-loss, and target. ⚠️ Disclaimer: This is not investment advice. The analysis is for educational purposes only. Please consult your financial advisor before making any trading or investment decisions. Trading in the stock market involves risk, and you should trade or invest only based on your own judgment.
NSE:DMARTShort
by shiva560060