Mid-Week Chart Study: Market Structure on Monthly Time Frame Apoorv Dubey, SEBI Registered Research Analyst
Disclaimer:
This video is for educational and informational purposes only and is not a recommendation to buy, sell or hold any security. Investments in securities markets are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.
Topics
Discussed market structure
Dixon Technologies – Short-Term Trading PlanDixon Technologies – CMP: ₹13,651 | Timeframe: Weekly (Execution: Daily)
📌 Trading Strategy
✅ Existing Long Positions
Continue to hold while price remains above ₹13,000 .
Trail stop-loss higher as the stock advances.
✅ Fresh Entry
Prefer buying:
On a pullback towards ₹13,200–13,300, or
On a decisive breakout above ₹14,000 with strong volumes.
🎯 Targets
Target 1: ₹14,800
Target 2: ₹16,300
Target 3: ₹18,500 (only if momentum remains strong)
🛑 Stop Loss
Closing below ₹12,800 would
GMR Airports Is Near a Major Reversal Point Again!GMR Airports is once again approaching a very important support zone that has been protecting its long-term bullish structure since 2023. If we look at the weekly chart we can clearly see how price has been moving inside a broad rising channel and every major correction towards the lower trendline has resulted in a strong recovery. The same support helped the stock reverse in 2023 and again in early 2025. Now after correcting from the recent high near 115 the stock has returned to this rising su
A 74% Rally Could Be Brewing After This Long CorrectionSupreme Industries is showing early signs of a major trend reversal after spending more than two years under a falling resistance trendline. Since making its high near 6300 in 2024 the stock has continuously faced selling pressure at lower levels. Every recovery attempt was rejected near the same descending trendline which kept the broader structure bearish. But something interesting is happening now. Despite repeated selling pressure the stock has consistently defended the 3100–3200 support zon
CARE Ratings Is Quietly Preparing for a Powerful Rally!CARE Ratings is forming a strong bullish structure on the weekly chart and the most interesting part is how consistently buyers have defended the rising trendline over the last three years. After making a major high near 1950 in June 2025 the stock entered a consolidation phase and started forming lower highs while maintaining higher lows. This has created a large symmetrical triangle where price is slowly getting compressed between falling resistance and rising support. Recently the stock once
A Massive Reversal Is Taking Shape in Tips MusicTips Music is developing a very interesting Inverted Head & Shoulder pattern on the daily chart and this structure has been forming for almost two years. The left shoulder was formed during the correction in early 2025 followed by a much deeper decline which created the head near 480. What makes this pattern interesting is the recovery that followed. Buyers gradually regained control and pushed the stock back towards 720–740 before another correction started forming the right shoulder. Unlike th
Indigo: Can this news help recover the stock ?
IndiGo has formed a potential Head and Shoulders pattern on its daily chart, raising concerns about further downside.
📉 What does the chart indicate?
Left Shoulder: Around ₹4,980
Head: Around ₹6,100–6,200
Right Shoulder: Around ₹5,470
Current Price: Around ₹4,700
Neckline Support: Approximately ₹3,800–4,000
The stock has declined significantly from its head and failed to sustain the right-shoulder rally, indicating weakening price momentum.
⚠️ A decisive breakdown below the neckline co
CUPID High-Volume Breakout From Consolidation ZoneDaily timeframe for Cupid Limited, the chart presents a classic breakout setup supported by strong technical factors.
Technical Analysis:
For the past month and a half, the stock was caught in a consolidation phase, repeatedly facing selling pressure just below the 296.95 level, which acted as a firm horizontal resistance. Recently, we witnessed a decisive breakout above this critical resistance line.
The breakout is particularly notable because it was driven by a large, bullish momentum candl
AETHER Strong Bullish Breakout from Daily Consolidation BoxTaking a look at the daily chart for Aether Industries, we can observe a classic trend continuation setup.
After a strong impulsive move upwards starting in June, the stock entered a prolonged period of sideways consolidation spanning August and September.
This price action formed a well-defined rectangular consolidation zone, with resistance resting near the 1,700 level and support holding firm around the 1,560-1,570 area.
In the most recent daily session, the stock delivered a decisive brea
CYIENTDLM Weekly Breakout and Retest - Positional Long SetupThis idea outlines a long setup for Cyient DLM Limited based on the weekly timeframe.
Analysis & Rationale:
The chart displays a strong multi-month resistance level at 824.70, which the price previously rejected in early 2024 and mid-2024.
Recently, the stock has decisively broken out above this critical horizontal resistance on the weekly chart.
It is currently sustaining its levels above this line, turning the previous resistance into a strong support base.
The consistent build-up leading
INNOVACAP Weekly Resistance Breakout Signals Long OpportunityBias: Long
Duration: 4 to 12 weeks (Medium-term swing trade)
Technical Analysis:
The weekly chart of Innova Captab Limited demonstrates a strong bullish breakout.
Price action has decisively crossed above a major horizontal resistance level at 1,208.4.
The stock spent the majority of 2024 and 2025 building a broad rounding base, followed by a steady higher-low accumulation phase.
The most recent weekly candle confirms the breakout, having opened at 1,179.8, hit a high of 1,353.5, and settled
TALBROAUTO : Weekly Breakout Consolidation Cleared with MomentumThe weekly chart for Talbros Automotive Components Limited presents a compelling continuation setup following a period of healthy accumulation.
Previously, the price successfully cleared a major historical resistance line distinctly marked at 383.20. After this initial breakout, the stock spent several weeks consolidating within a defined rectangular zone (highlighted by the pink box) between the 383.20 support floor and a resistance ceiling near 450.
The most recent weekly candle has registere
AVALON : Massive Volume Surge Following Secondary Consolidation.Chart Analysis:
The daily chart for Avalon Technologies Limited (NSE: AVALON) illustrates a classic multi-stage markup phase.
After an initial accumulation and breakout from the lower base (green box), the stock established a secondary consolidation range (pink box) roughly between the 2,050 and 2,400 levels.
In the most recent session, AVALON delivered a decisive bullish breakout above the 2,400 resistance level, gaining +13.80% to close at 2,537.7.
This price action is supported by a massive
ACE : Strong Bullish Breakout Above Resistance.Directional Bias: Long
Technical Analysis & Reasoning:
The daily chart for Action Construction Equipment Limited presents a compelling long setup based on a clear technical breakout.
Horizontal Resistance Breakout: Price action has decisively broken above the key overhead resistance line at 1,191.1 INR. This level previously acted as a ceiling for the price, and breaking it indicates a strong shift in market momentum.
Bullish Price Action: The stock is maintaining a steady uptrend characteriz
Force Motors cmp 17680.20 Weekly ChartForce Motors cmp 17680.20 Weekly Chart
- Support Zone 15000 to 17000 price band
- Strong Support Base 16500 to 17000 range
- Resistance Zone 17950 to 19950 price band
- Prices seems testing retesting the Support Zone
- Volume falling, need to increase for fresh uptrend
- Breakout from Descending Triangle is well sustained
Buy Today, Sell Tomorrow for 3-5% - Daily Breakout SetupPLATINUM — BTST BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined — Helping You Plan Your Trade With Confidence.
📊 Stock Strength: 69/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
🔄 Trade Type: BTST
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🎯 TRADE LEVELS
ENTRY: ₹227
🛑 STOP LOSS
ATR SL: ₹214
🎯 TARGETS
3–5%
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📈 VOLUME
20D Volume:
MVGJL — SWING TRADING WEEKLY SETUPMVGJL — SWING TRADING WEEKLY SETUP
Entry, Stop Loss & Targets Are Clearly Defined — Helping You Plan Your Trade With Confidence.
📊 Stock Strength: 62/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1 Week timeframe with positive price action and strong volume expansion.
🔄 Trade Type: Swing Trade — Weekly
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🎯 TRADE LEVELS
ENTRY: ₹241
🛑 STOP LOSS
₹222
🎯 TARGET
₹270
────────────────────
⏱ Time
Buy Today, Sell Tomorrow for 3-5% - Daily Breakout SetupKARURVYSYA — BTST BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined — Helping You Plan Your Trade With Confidence.
📊 Stock Strength: 75/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
🔄 Trade Type: BTST
────────────────────
🎯 TRADE LEVELS
ENTRY: ₹371
🛑 STOP LOSS
ATR SL: ₹354
🎯 TARGETS
3–5%
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📈 VOLUME
20D Volume
NSE Wipro: Wave (C) Signals More Downside Risk🔎 Elliott Wave Analysis | 240-Minute Chart
Wipro continues to show a bearish Elliott Wave structure on the 4-hour chart. The decline from the 2025 high near 324.60 has significantly weakened the price structure, and the recent recovery from around 158 toward 184–185 may be a countertrend bounce rather than the beginning of a sustained bullish reversal.
Primary scenario is that the larger corrective structure is still developing, with Wave (C) potentially extending lower.
🎯 Projected
TCS Back at the Zone That Sparked the July RallyTata Consultancy Services is back at a familiar and important level. Back in July, we flagged the 200 Monthly EMA (₹2,087) as the key recovery target in a longer-term view — price went on to rally hard, hitting a high of ₹2,495 on July 30. Since then, TCS has reversed and fallen all the way back down, and is now trading at ₹2,082 — essentially sitting right on that same EMA zone again.
What the recent price action shows (short-term Fibonacci view):
Drawing a fresh retracement from the July low
HDFC Bank: holding support, with November history on its sideHDFC Bank has been in a long correction this year, falling from around 1,006 to the 680s. But price is now sitting in a zone that deserves attention.
The setup
Price is trading near 713, just above the September swing low at 681.8. Buyers have defended this area more than once. On the fixed volume profile, the heavy volume sits well above us, between roughly 760 and 815. Price often gravitates back toward those high-volume areas, so they are my logical upside zones.
Seasonality
Over the last 1
RELIANCE: Bearish Continuation Needs Rejection at 1295-1319NSE:RELIANCE has a conditional bearish continuation setup on the 4-hour chart if a rebound into 1295-1319 is rejected. The supplied current price of 1223 remains below that zone, so the thesis depends on a return to the zone rather than participation at the current price.
The chart shows a sharp decline through earlier support areas, followed by a rebound that has yet to recover the main overhead volume concentration. The 1295-1319 zone contains the largest volume shelf, representing 25% of the























