📊 Technical Analysis: Intellect Design Arena (NSE: INTELLECT) 🧠 Chart Pattern: Descending Resistance Line Breakout The stock has been facing resistance from a descending trendline connecting multiple lower highs from March 2024 until now. Recently, the price has closed just above this descending resistance line around the ₹1,020–₹1,030 level, indicating a...
📊 Technical Analysis: Menon Bearings Ltd. (NSE: MENONBE) 🧠 Chart Pattern: Downtrend Breakout The stock had been in a long-term descending trendline (resistance) since mid-2023. After several months of lower highs, the price has finally broken above this descending resistance on strong momentum. 🚀 Breakout Details (May 15, 2025): Close: ₹120.25 Day’s...
Key Observations: Symmetrical Triangle Pattern: The price was consolidating within a symmetrical triangle, marked by: Descending trendline (upper resistance) Ascending trendline (lower support) Breakout: On May 15, 2025, the stock broke out above the descending trendline with a strong bullish candle. The breakout is accompanied by a significant increase in...
📘 Technical Analysis Report Stock: APAR Industries Ltd. (NSE) Chart Type: Daily Candlestick Chart Date: May 15, 2025 📊 Price Action Current Price: ₹7,941.00 Daily Change: +₹1,013.50 (+14.63%) Strong bullish candlestick observed with significant upward momentum. V-shaped recovery from recent lows near ₹5,000, indicating a reversal from the downtrend. 🧠 Moving...
📌 Pattern Observed: Breakout above major horizontal resistance zone between ₹303–₹320, which had acted as a ceiling for the past 2 years. The breakout candle is strong and bullish, suggesting a clear change in market structure. This setup confirms a multi-year base breakout, a bullish continuation pattern often followed by sustained uptrends. 📈 Volume...
📌 Pattern Observed: Strong breakout above horizontal resistance zone ₹573–₹584. The breakout candle is large and bullish, invalidating past supply pressure. Clear horizontal resistance breakout setup. 📈 Volume Analysis: Volume spike during breakout confirms participation from smart money and institutions. Adds conviction to the move. 💹 Price Action: Weekly close...
Technical Analysis Notes : Chart Type & Timeframe Timeframe: Weekly (1W) Instrument: KPR Mill Ltd (NSE) Currency: INR Pattern Observed Rising Wedge Pattern identified, typically bearish. Bullish breakout above the upper trendline, invalidating the bearish setup. Breakout indicates strong bullish momentum. Volume Analysis Significant volume...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking for long term. Observing the volume buildup, I am sensing an upward move in this stock.. But as there were immediate...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...