Review and plan for 24th June 2026Nifty future and banknifty future analysis and intraday plan.
Intraday- voltas
positional- newlandlab
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
MANKIND - Trading Opportunity in the short termTF: daily
CMP: 2330
Observation:
Price is bouncing from the breakout Retest zone
Price is taking support at the 200 DEMA 50 DEMA confluence zone
Price made a doji at the support and reversal confirmation is in play.
Positional players can enter now and hold. One can wait for another pullback and buy.
SL will be 2275 on DCB
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
UNITDSPR: 221-Point Price Squeeze Near Decision Zone🔥 UNITDSPR: 221-Point Price Squeeze Near Decision Zone — What Happens Next? 📊
United Spirits Limited (UNITDSPR) is currently trading inside a well-defined Symmetrical Triangle pattern. The price range has been getting smaller over the last few weeks, suggesting that the stock is moving towards an important decision point.
________________________________________
📐 Chart Structure
The current pattern is formed by lower highs and higher lows.
Key Levels
Pivot A (Base High): 1,431.00
Pivot B (Base Low): 1,210.00
Pivot C (Recent High): 1,398.00
Pivot D (Recent Low): 1,229.00
As these levels continue to come closer together, the stock is moving into the narrow end of the triangle.
Pattern Measurement
Pattern Size: 221.00 Points
Upper Reference Level: 1,558.70
Lower Reference Level: 1,008.00
These levels are based on the size of the current chart pattern and are used only as reference points for educational analysis.
________________________________________
📉 What Volume Is Showing
Volume has generally been falling during May and June while the stock continues to move inside the triangle.
This is often seen in healthy triangle patterns. As buyers and sellers wait for direction, trading activity slows down and the price range becomes tighter.
A future move with stronger volume may help confirm the next phase of the trend.
________________________________________
👀 Levels Worth Watching
Situation What To Watch
Price Moves Higher Daily close above the upper trendline along with stronger volume
Price Moves Lower Daily close below the lower trendline along with stronger selling activity
At the moment, price is still trading inside the triangle, so the pattern remains incomplete.
________________________________________
⚠️ Important Reference Levels
On The Upside
1,398.00 remains an important resistance area.
A sustained move above this level would change the current chart structure.
On The Downside
1,229.00 remains an important support area.
A sustained move below this level would weaken the current pattern.
These levels help us understand whether the triangle remains valid.
________________________________________
📊 Simple Technical View
The stock is currently in a phase where neither buyers nor sellers have full control.
Price is moving within a smaller and smaller range, while volume continues to reduce. This type of setup often attracts attention because a stronger move can sometimes follow after a long period of consolidation.
For now, the chart remains a good example of how markets pause before choosing their next direction.
________________________________________
📚 Educational Note
This analysis is shared to demonstrate how triangle patterns, support levels, resistance levels, and volume behaviour can be studied on a price chart.
________________________________________
💬 Community Discussion
Would you prefer waiting for a clear daily close outside the triangle before forming a view, or are you already watching the price action closely as it approaches the apex?
Share your thoughts below.
________________________________________
Disclaimer:
This publication is intended solely for educational and informational purposes. It is based on chart structure and historical price action and should not be considered investment advice, trading advice, or a recommendation to buy, sell, or hold any security. Please conduct your own research before making any investment or trading decisions.
CIPLA: 278-Point Compression Near a Major Resistance Zone🔥 CIPLA: 278-Point Compression Near a Major Resistance Zone — Expansion Ahead? 📊
Cipla Limited (CIPLA) is currently trading within a tight price structure just below a key resistance area at 1,444.50. As price continues to compress beneath this supply zone, the chart is approaching a point where a larger directional move may begin to develop.
________________________________________
📐 Understanding the Current Structure
What makes this setup particularly interesting is that it can be viewed in two different ways.
Automated View
Many pattern-detection algorithms identify the current formation as a Rising Wedge, a structure created when both highs and lows continue to rise while the price range gradually narrows.
Discretionary Price Action View
When viewed manually, the same chart also displays characteristics of a classic Ascending Triangle, with price repeatedly testing a horizontal resistance zone while forming higher lows underneath.
Some traders may also recognize elements of an Inverse Head & Shoulders accumulation structure within the broader pattern.
This creates a fascinating case of structural duality, where automated and discretionary analysis arrive at different interpretations of the same price action.
________________________________________
📊 Key Structural Reference Points
Pivot A: 1,409.50
Pivot B: 1,165.70
Pivot C: 1,444.50
Pivot D: 1,341.10
Spatial Measurements
Measured Spatial Depth: 278.80 Points
Technical Upper Horizon: 1,723.00
Technical Lower Horizon: 1,062.00
These levels are derived from historical price structure and are intended as analytical reference zones.
________________________________________
📉 Volume & Compression Profile
One of the most important observations is the ongoing reduction in volatility as the pattern matures.
Price continues to trade within a narrowing range while repeatedly interacting with the 1,444.50 supply area. This type of compression often attracts attention because it reflects a temporary balance between buyers and sellers.
A future expansion in participation and volume may help confirm the next phase of market structure.
________________________________________________________________________________
🔍 Conditional Horizons
Scenario Structural Condition Reference Horizon
Upside Ref Daily close above 1,444.50 Technical Upper Horizon:
supported by increased volume participation 1,723.00
Downside Ref Failure to maintain higher lows Technical Lower Horizon:
followed by deterioration in structure 1,062.00
________________________________________________________________________________
At present, the chart remains in a consolidation phase and neither scenario can be considered active until price provides further confirmation.
________________________________________
⚠️ Structural Invalidation Parameters
For the Ascending Triangle Interpretation
Pivot D (1,341.10) remains an important structural support area.
Sustained weakness below this zone would reduce the strength of the higher-low sequence.
For the Broader Structure
Pivot B (1,165.70) represents a major structural reference point.
A move below this level would significantly alter the current long-term pattern framework.
These levels are useful for monitoring whether the existing structure remains intact.
________________________________________
📊 Technical Perspective
CIPLA currently sits at an interesting intersection between two different pattern interpretations.
The automated view favors a Rising Wedge structure, while the underlying price behavior continues to resemble an Ascending Triangle with repeated tests of a horizontal supply ceiling.
As the price range continues to tighten, market participants may focus closely on how the stock behaves around 1,444.50, as this remains the most important structural level on the chart.
________________________________________
📚 Educational Note
This publication demonstrates how the same chart can produce different interpretations when viewed through automated pattern recognition and discretionary price-action analysis. The purpose of this study is educational and informational only.
________________________________________
💬 Community Discussion
Which interpretation do you find more convincing here?
Do you favor the automated Rising Wedge perspective, or do you believe the repeated tests of the 1,444.50 horizontal supply wall reflect a stronger Ascending Triangle accumulation structure?
Share your view below.
________________________________________
Disclaimer:
This publication is intended solely for educational and informational purposes. The analysis is based on chart structure and historical price action and should not be considered investment advice, trading advice, research advice, or a recommendation to buy, sell, or hold any security. Market conditions can change without notice, and all decisions should be made after independent research and appropriate risk assessment.
OFSS: Volatility Coiling for an Imminent 1,938-Point Move!🔥 OFSS: Volatility Coiling for an Imminent 1,938-Point Move! 🚀
Oracle Financial Services Software Limited (OFSS) is currently trading at a critical decision point as price compresses into the apex of a well-defined Symmetrical Triangle. With volatility steadily contracting and structure tightening around Pivot D, the market appears to be storing energy for a directional move that could exceed 1,900 points.
________________________________________
📐 Pattern Structure: Symmetrical Triangle
The current formation reflects a classic battle between buyers and sellers:
Pivot A (Base Low): 8,646.50
Pivot B (Base High): 10,584.50
Pivot C (Higher Low): 9,050.00
Pivot D (Lower High / Current Level): 9,925.00
This sequence of higher lows and lower highs has produced a textbook Symmetrical Triangle, a pattern known for generating powerful expansion phases once compression reaches its final stages.
Pattern Metrics
Implied Pattern Height: 1,938.00 points
Upside Ref: 11,863.00(as per pattern metrics)
Downside Ref: 7,987.00(as per pattern metrics)
The key takeaway is simple: the longer the compression persists, the more meaningful the eventual breakout tends to become.
________________________________________
📉 Volatility Profile
One of the strongest confirmations of this setup is the behavior of volume.
Throughout the May–June consolidation phase, participation has gradually diminished, producing a clear contraction in traded volume. This decline in activity is precisely what technicians expect to see during the development of a healthy Symmetrical Triangle.
Lower volume during consolidation followed by volume expansion at breakout often marks the transition from accumulation/distribution into trend continuation.
________________________________________________________________________________
🎯 Execution Triggers
Scenario Trigger Confirmation Projection
Upside Ref Daily Close above 9,925.00 Volume ≥ 2x recent average 11,863.00
Downside Ref Daily Close below 9,050.00 Strong volume expansion 7,987.00
________________________________________________________________________________
Patience is critical. Premature entries inside the triangle often result in whipsaws as price continues to oscillate within the contracting structure.
________________________________________
⚠️ Risk Management & Invalidation
For Bullish Participants
Entry only after a confirmed daily close above 9,925.00
Initial protective stop below 9,050.00
Conservative traders may trail stops as new swing lows develop after breakout
For Bearish Participants
Entry only after a confirmed daily close below 9,050.00
Protective stop above 9,925.00
Avoid initiating shorts while price remains trapped within the triangle
The most important rule here is respecting the boundaries of the structure. Until either Pivot C or Pivot D is decisively breached, OFSS remains in compression mode.
________________________________________
📊 Technical Perspective
Symmetrical Triangles are neutral by nature—they do not predict direction, they predict expansion.
At present, OFSS is approaching the latter stages of its consolidation cycle. The narrowing price range, declining volatility, and fading volume profile collectively suggest that a significant directional move may be approaching.
The market is essentially advertising one message:
A large move is likely coming. The only missing piece is direction.
________________________________________
💬 Community Discussion
Are you accumulation-heavy here or waiting for the 9,925 breakout trigger before committing capital?
Let me know your view below.
Disclaimer :
This analysis is shared purely for educational and informational purposes and should not be considered investment advice, research advice, or a recommendation to buy, sell, or hold any security. The chart patterns, price levels, targets, and technical observations discussed are based on historical price action and market structure, which may change without notice. Markets involve risk, and all trading and investment decisions should be made after conducting your own research and assessing your risk tolerance. Past performance is not indicative of future results.
SWANCORP ON MONTHLY TFM As the base line n price1. 49.5 --199 wave 1, taken time 26months ,2.wave 2 -63.55 %n time taken 26 months , 3.wave 3 = from the bottom rs 49.5 to 809.8 taken time 135 months , 4. wave 4 from that previous high of wave 3 , present low 295.65 , 5. now wave 5 could hit 127 % of wave 3 , n what would be the TIME N PRICE PROPORTION OF ITS SUB WAVES , LET US CALCULATE TIME PROPORTION, WAVE 2 VS WAVE 4, wave 2=26 bars , n wave 4 = 15 bars , so 15/26=0.577 ( much nearer 61.8 % of FIBONACCI level , now WAVE 5 TIME PROJECTION , AS WAVE 1 TAKEN TIME 26 MONTHS = WAVE 5 , SO EXPECTED FROM THE BOTTOM 295.65 IT COULD BE 26 MONTHS PROJECTION , MARCH 2028 TO MAY 2028 , ITS ALL FOR EDUCATION PORPOUS NOT A BUY / SELL ADVICE N LET US SEE
Classic Pattern emergin in Pnbhousing Finance
The weekly chart of PNB Housing Finance Limited displays a well-structured Elliott Wave impulsive advance
beginning from the 2020 bottom. The stock appears to have completed Waves 1, 2, and 3 with strong momentum,
where Wave-3 extended sharply toward the ₹1,200 zone. The current price structure is developing as a Wave-4 corrective
consolidation, forming a contracting triangle pattern marked with (a)-(b)-(c)-(d)-(e), which generally indicates continuation
within a larger bullish trend. The long-term ascending trendline remains intact, suggesting that the broader bullish structure
is still valid.
The recent rebound from the lower boundary of the triangle and support near ₹740–₹760 indicates buying interest at higher lows.
A breakout above the descending resistance line could confirm the completion of Wave-4 and trigger the beginning of Wave-5.
Fibonacci extension levels on the chart project potential upside targets around ₹1,330, ₹1,490, and eventually ₹1,690 over the
longer term. Sustained price action above the breakout zone with increasing momentum would further strengthen the bullish
outlook for the stock.
Disclaimer : This chart analysis is for educational and informational purposes only and should not be considered financial or investment advice. Market investments are subject to risk; please conduct your own research or consult a financial advisor before making investment decisions.
LICHSGFIN - Final leg of correction to test 500 levelsCMP: 540
TF: 75 minutes
larger TF structure is bullish, but this is the C leg of 2nd wave down.
Expect this run to go below 520 and then move up strongly in the 3rd wave rise.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
A short term technical trade 15 MIN TFAfter breaking down key support 398.20 on 12 may 2026 price tried many times to close above 398.20 but failed ...if the price closes above 398.20 with significant high volumes, a long trade will be initiated above high of the breakout candle......sl will be below 393 closing basis....Target 437.95......only for educational purpose and not any recommendations......
AIA ENGINEERINGAIA Engineering Ltd. (CMP ₹4,848.00, NSE: AIAENG)
Prepared by Sucrit Patil | The SmartWay Research Desk | 23 June 2026
An Ahmedabad‑based engineering company, incorporated in 1991. AIA Engineering is a global leader in grinding media, wear‑resistant alloys, and industrial liners, serving cement, mining, power, and thermal industries across more than 120 countries.
Promoter Holding (Mar 2026): Bhadresh Shah Family — 58.11% stake (no pledges)
FY22–FY26 Snapshot
Revenue Growth: FY26 revenue ₹4,842 Cr vs ₹4,212 Cr in FY25 (+15.0% YoY). → Good
Net Profit: FY26 PAT ₹812 Cr vs ₹712 Cr in FY25 (+14.0% YoY). → Good
Operating Margin: FY26 EBITDA ₹1,312 Cr, margin 27.1% vs 26.5% last year (+60 bps). → Good
Equity Capital: Stable, face value ₹2. → Good
Dividend Policy: Dividend ₹20.00/share declared for FY26. → Good
Asset Building: Investments in capacity expansion and global distribution hubs. → Good
Sales: Strong demand from cement and mining sectors worldwide. → Good
Expense: Raw material cost pressures (steel, alloys) remain. → Neutral/Good
EPS: FY26 EPS ₹82.25 vs ₹72.10 last year (+14%). → Good
Institutional Interest & Ownership Trends (Mar 2026)
Promoter Holding: 58.11% (no pledges)
FII Holding: 18.12%
DII Holding: 12.34%
Retail & Others: 11.43%
Strategic Moves & Innovations
Expansion in mining wear parts and cement grinding media.
Focus on global distribution and export markets.
Partnerships with international cement majors for supply contracts.
Diversification into power sector wear‑resistant solutions.
Cash Flow & Balance Sheet Strength
Market cap ~₹45,800 Cr.
Debt‑to‑equity ratio ~0.12 (low leverage).
Book value per share ₹412.00; P/B ~11.8.
EPS (TTM) ₹82.25; P/E ~59.0.
Risk Factors
High P/E ratio ~59.0, indicating premium valuations.
Dependence on cement and mining capex cycles.
Exposure to commodity price volatility (steel, alloys).
Competition from Metso, Magotteaux, and FLSmidth.
Investor Takeaway
AIA Engineering has delivered robust FY26 performance, supported by global demand for grinding media and wear‑resistant alloys. With strong promoter backing, dividend payouts, and leadership in niche engineering solutions, AIA remains a premium play on cement and mining infrastructure growth. At CMP ₹4,848.00, valuations are expensive (P/E ~59.0, P/B ~11.8), reflecting high growth expectations but also significant risk.
Review and plan for 23rd June 2026Nifty future and banknifty future analysis and intraday plan.
Intraday- Voltas
Positional- thermax, lalpathlab.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
ORIENTHOT | Long-Term Structure Under Observation✅ Stock delivered a strong multi-year uptrend and created substantial wealth for long-term investors.
✅ After a sharp rally, price is currently undergoing a healthy retracement phase, which is normal after an extended bullish move.
✅ Despite the correction, price continues to trade above the Half-Yearly (6M) EMA20, indicating that the broader long-term trend remains positive.
✅ The recent 6-Month candle is showing signs of bullish recovery from support, suggesting buyers are still active at lower levels.
🎯 Key Level to Watch
₹100 – This zone may act as an important retracement support if the stock experiences further downside.
⏳ Investor Mindset
This setup is better suited for patient investors rather than short-term traders. The stock may spend time building a base before the next major directional move.
⚠️ Educational study only. Follow your own analysis, risk management, and investment framework before taking any investment decision.






















