Positional Setup: IDBI Bank Ltd (NSE)Chart Pattern: Cup and Handle Formation
CMP: ₹101.33
Technical Structure: Classic bullish Cup & Handle breakout setup in progress
Volume: Noticeable rise in volumes at breakout zones
Momentum: RSI & moving averages support the trend continuation
📊 Technical Levels (Positional Setup)
Support Zones: ₹95 / ₹90
Breakout Zone: ₹101–104 (once cleared, confirms the breakout)
Targets Post Breakout:
🎯 T1: ₹115
🎯 T2: ₹125
🎯 T3: ₹135
Stop Loss: Below ₹90 (closing basis)
BAJAJ AUTO LTD – Trendline Breakout with Upside Potential NSE:BAJAJ_AUTO – Trendline Breakout (The setup offers a favorable risk-reward ratio, with potential for ~500+ points upside from the breakout zone.)
Chart Type: Daily (1D)
Current Price: ₹8,455
Structure: Falling wedge breakout with defined targets
Falling Wedge Formation:
The price has been consolidating within a falling wedge pattern, indicating a potential bullish reversal.
Both upper and lower trendlines (labeled as "small down trend") have been respected multiple times, validating the structure.
Breakout Confirmation:
A breakout above the descending trendline has occurred, accompanied by a bullish candle closing above the immediate resistance zone around ₹8,407.
This marks the breakout point and indicates a shift in momentum.
Support Zone:
Strong support has been established near ₹8,225.55, as marked on the chart.
This level can serve as a stop-loss for bullish positions.
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BUY: above 8410-8450
SUPPORT ( SL ) : 8220
RESISTANCE ( TGT) :8640-8780-9000+++
LLOYDSME - The dark knight in metals?Nifty Metals is a severely overlooked space right now. To outperform the majority of participants you need to look outside the box.
Since then, there have been continuous news flow and reasons why markets have been volatile, but this stock has silently stood strong. This is sign of Institutional accumulation. The Risk Reward on offer here is excellent. Over the long term it can be a multi-bagger as well.
Keep your risk in check, stock is at ATH so scale in should be in appropriate manner, I will keep updating as and when the structure develops.
WHATS YOUR VIEWS ON COCHIN ?Hello traders , here is the full multi time frame analysis for this STOCK, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below.I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
IDBI Bank : Buy triggered but sitting right at a Red band ResisIDBI Bank : Buy triggered but sitting right at a Red band Resistance .
Last time it has turned back from 104 and 107
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
ADANI Power: From Buy to Sell and from Sell to BuyADANI Power: From Buy to Sell and from Sell to Buy. What a strange movement .
610 is a first resistance level to test.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)