BEAKOUT IN ACE-- EDUCATIONAL PURPOSEAction Construction Equipment Ltd is engaged in the business of manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, motor graders and agriculture equipment like tractors, harvesters, rotavators, etc.
Stock made high 1685 in Apr 2024 and then corrected till 744 in March 2026 (-56% correction in almost 2 years). Then stock started rising and this week it closed above previous resistance 1150. Here higher high higher low pattern is also confirmed. Rounding bottom pattern is noticed with breakout. Long position can be initiated at CMP . We can expect the this rally to continue.
TARGET : 2627 (113%) (FIBO)
STOP LOSS : WEEKLY CLOSING BELOW 1070 (-13%)
RR RATIO : 1:8.5
TIME HORIZON : 5-6 YEARS
ONLY FOR INVESTMENT PURPOSE, NOT FOR SHORT TERM TRADING
Macpower CNC Machines (MACPOWER): Momentum BreakoutOverview:
Macpower CNC Machines Ltd. (NSE: MACPOWER) delivered a stellar performance, surging +9.52% to close at ₹2,104.50. The stock has successfully broken out of a multi-week consolidation base above the crucial ₹2,007 pivot level, backed by strong buying volume.
Technical Highlights:
Price Action: The daily chart indicates aggressive buyer participation, pushing prices near the day's high of ₹2,149.
Trend & Moving Averages: The medium-term uptrend remains robust, with prices trading firmly above major moving average lines.
Volume Profile: Expansion in volume confirms institutional interest entering the industrial manufacturing and machine tool space.
Trade Setup / Levels to Watch:
Pivot / Support Zone: ₹2,000 – ₹2,050 (acting as immediate demand support)
Upside Targets: ₹2,250 – ₹2,350
Stop Loss / Risk Management: Protect below ₹1,930 to mitigate downside risk.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence before trading.
BULLISH VIEW IN MEDANTA (NEAR BREAKOUT)-- EDUCATIONAL PURPOSEGlobal Health Limited (Medanta) is one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India. The company has key specialties in cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology.
Stock is trading near life time high and on the verge of breakout.
Stock made high 1513 in Feb 2024 and corrected later till 934 in Oct 2024 (-38% correction in 8-9 months) Stock entered consolidation zone and was hovering in the range of 340 to 1500 for almost 2 years. Last month also stock tried to break the high but after making high 1544 it could not close above the resistance level. But it did not correct also in falling market last 3-4 weeks. Again this month stock is trying to break the level 1544. Once breakout is confirmed and stock sustained above breakout level 1544 long position can be initiated on correction near 1500
TARGET : 2668 ( 77.8%)
STOPLOSS : WEEKLY CLOSING BELOW 1380 (-8%)
RR RATIO : 1: 9.7
TIME HORIZON : 40 MONTHS (TILL DEC 2029)
ONLY FOR INVESTMENT PURSPECTIVE, NOT FOR SHORT TERM TRADING
BULLISH VIEW IN JSWINFRA (NEAR BREAKOUT)- EDUCATIONAL PURPOSEJSW Infrastructure Limited provides maritime-related services including, cargo handling, storage solutions, and logistics services.
Stock is trading near 52 week high. Waiting for breakout. Once 385.is crossed and sustained it can continue its uptrend. Long position can be initiated once breakout is confirmed.
TARGET : 641 (79%) (FIBO)
STOPLOSS : WEEKLY CLOSING BELOW 310 (-13.5%)
RR RATIO: 1:5.9
TIME HORIZON : 40 months ( Till Dec 2029)
Dr. Agarwal's Health Care Ltd. (AGARWALEYE) Positional AnalysisBased on your chart, Dr. Agarwal's Health Care has triggered a strong breakout from a multi-week consolidation range. The stock is displaying a classic trend continuation setup with higher highs and higher lows.
Chart Observations
✅ Fresh breakout above ₹503–505 resistance.
✅ Strong bullish candle accompanied by momentum.
✅ Price is trading above the 9 EMA, 21 EMA and 50 EMA, indicating a healthy short-term uptrend.
✅ Previous resistance is expected to act as new support.
✅ Buyers have defended every dip since the trend reversal near ₹425.
Overall Structure: Bullish
Positional Trading Setup
CMP
₹519
Buy Strategy
Fresh Entry
₹518–523 (on sustained breakout)
Alternatively buy on a successful retest of ₹503–505.
Support Levels
Immediate Support: ₹503
Strong Support: ₹477
Trend Support: ₹455–460
Resistance / Targets
Target Price
T1 ₹527
T2 ₹555
T3 ₹590
T4 (3–6 Months) ₹620–650
Stop Loss
Aggressive Traders
₹497 Closing Basis
Conservative Traders
₹476 Closing Basis
Trade Management
Bullish Scenario
If the stock sustains above ₹527 with increasing volumes, momentum could accelerate toward ₹555, followed by ₹590–620 over the next few months.
Neutral Scenario
The stock may consolidate between ₹503–527, allowing moving averages to catch up before attempting another breakout.
Bearish Scenario
A decisive close below ₹476 would weaken the current bullish setup and could trigger profit booking toward lower support levels.
Risk-Reward
Entry: ₹520
Stop: ₹497
Risk = ₹23
Target = ₹590
Reward = ₹70
Risk Reward ≈ 1 : 3
A favorable setup for positional traders.
Artemis Medicare Services Ltd. – Positional Swing AnalysisArtemis Medicare is currently trading in a well-defined consolidation range after a sharp recovery from the ₹220 zone. The stock has been absorbing supply between ₹257 and ₹284, indicating accumulation rather than panic selling.
The price is holding above the 50 EMA, while the 9 EMA and 21 EMA are flattening. This suggests the stock is preparing for its next directional move. A decisive close above ₹284 with strong volume would confirm a fresh bullish breakout.
Technical Structure
Current Trend: Neutral to Bullish
Key Observations
✅ Strong recovery from ₹220–225.
✅ Trading above the 50 EMA.
✅ Healthy consolidation after a sharp rally.
✅ Support zone continues to hold.
⚠️ Needs breakout above ₹284 for momentum confirmation.
This is a classic "base-building" structure. Strong stocks often consolidate before the next move higher.
Positional Trading Setup
Buy Zone
₹270–275 (accumulate near support)
Fresh buying on daily close above ₹284 with higher-than-average volume.
Important Support Levels
₹257 – Immediate support
₹242 – Strong positional support
₹220 – Major trend support
Resistance Levels
₹284 – Immediate breakout level
₹310 – First target
₹346 – Major positional target
₹380 – Extended target if momentum continues
Positional Targets
🎯 Target 1: ₹310
🎯 Target 2: ₹346
🎯 Target 3: ₹380
Stop Loss
Weekly closing below ₹255
Aggressive traders may use ₹257 as a trading stop.
Risk : Reward
Approximate downside risk: 6–7%
Potential upside:
Target 1: ~13%
Target 2: ~27%
Target 3: ~39%
The setup offers an attractive reward-to-risk ratio if the breakout is confirmed.
Technical Indicators
Trend
Bullish bias while above ₹257.
Moving Averages
Price is above the 50 EMA.
Short-term moving averages are flattening and preparing for a bullish crossover.
Volume
Watch for a breakout accompanied by strong volume. A high-volume move above ₹284 would improve confidence in the setup.
WENDT India Ltd – Positional Swing Analysis (4H Chart)Technical View
WENDT India has finally shown signs of strength after a prolonged corrective phase. The stock has reclaimed its short-term moving averages and is attempting to break above a major resistance zone around ₹8,100–₹8,250, where sellers have repeatedly emerged.
The recent rally is supported by improving price structure and a pickup in momentum. If buyers sustain above the current breakout area with volume, the stock could enter a fresh medium-term uptrend.
Chart Structure
✅ Higher Highs & Higher Lows forming
✅ Price trading above 9 EMA, 21 EMA & 50 EMA
✅ Strong momentum after base formation
✅ Volume expansion near breakout
⚠️ Needs sustained closing above resistance for confirmation
Positional Trading Setup
Buy Zone
₹8,150 – ₹8,300
Support Levels
₹8,100 (Immediate)
₹7,700 (Strong Swing Support)
₹7,200 (Major Positional Support)
Resistance / Targets
🎯 Target 1: ₹9,100
🎯 Target 2: ₹10,250
🎯 Target 3: ₹11,500 (Long-term positional)
Stop Loss
Weekly Close below ₹7,700
Risk : Reward
Current Risk: ~6-7%
Potential Upside:
Target 1 → ~10%
Target 2 → ~24%
Target 3 → ~40%+
A favorable setup if the breakout sustains with above-average volume.
Why Bajaj Auto Short Setup ?🔹 Historical Supply zone: ₹11,874 – ₹12,459 on the monthly chart. Price has rejected from this zone, confirming its significance as a strong resistance area
🔹 Daily Supply Zone 1: Around ₹11,880
This zone has already been tested, so the supply has weakened to some extent.
🔹 Daily Fresh Supply Zone 2: Around ₹12,124
A fresh supply zone on the daily chart. If price moves back into this area and shows bearish rejection/price action, it can present a potential short opportunity.
Trade Type - short
Entry - 12131
Exit- 12472
INGERAND in mid-term downtrendINGERAND seems to have completed waves A and B of a FLAT (3-3-5) or TRIANGLE (3-3-3-3-3) correction
on WEEKLY chart
and has now entered WAVE C
Wave B is equal to wave A
For now considering the FLAT scenario
Wave C generally reaches wave A starting but we could expect the
first TARGET of be ~3700 which is 61.8% of waves A and B
The study would be INVALIDATED above ~5000
HAPPY TRADING
MAY THE TREND BE WITH YOU
ORIENTAL HOTELS ready for Cup & Handle Breakout➡️ Trading Signal: BUY (On Breakout Confirmation)
Reasoning - The stock is showing immense strength and is backed by a major fundamental catalyst—the newly announced all-stock merger with its parent entity, Indian Hotels Company Limited (IHCL). This creates clear structural value and synergy. Mechanically, the chart is in the final stages of triggering a powerful Cup and Handle pattern breakout.
Execution Strategy Entry: Enter a partial position at current levels (143.45 INR), adding the remaining allocation once the stock achieves a daily close above 146.00 INR.Target 1: 148.80 INR (Testing the 52-week high).Target 2: 161.00 - 165.00 INR (Pattern extension target).Stop Loss: 136.00 INR (Placed strictly below the Daily Low/Handle support to protect capital).
Weekly chart Orient Bell Long view mediumChange of structure, weekly swing higher , high and higher low.
View for a year, demand picks up for residential and commercial are already doing good. But charts tell something which might be visible in future.
Cap is very less, might be liquidity issue. Can buy only with test quantity.
How to Use Quaterly Volatility in to potential trendChart Summury
Q1 Volatility = Previous Quarter Volatility
For APOLLOHOSP:
Q1 Volatility = 22.65%
This represents the volatility environment established during the previous quarter.
Q2 Volatility = 6.38%
Comparison:
Q1 = 22.65%
Q2 = 6.38% (Quarterly Volatility Compression (QVC))
A large reduction in volatility indicates that price is contracting into a narrower range.The compression itself is direction-neutral.It does not mean price must break upward or downward.
Compression → Potential Expansion → Direction confirmed by breakout/breakdown
For APOLLOHOSP:
6.38% current Q2 volatility vs. 5.25% consecutive average Monthly volatility
The difference is relatively small, supporting the interpretation that Q2 has remained compressed.
QVP = 8754.50 This is the primary directional decision level. Price action around this level determines the immediate bias.
Above QVP: Potential path: 8754.50 → 9030
Below QVP: Potential path: 8754.50 → 8587
6. Quarterly Channel
Quarterly Compression Channel (QCC)
Q2 High = 9030
Q2 Low = 8587
Therefore:
8587 ───── 8754.50 ───── 9030
Support ─── Pivot ─── Resistance
-------------------------------------------------------------------------------------
Simplified Formula
The entire methodology can be summarized as:
Previous Quarter Volatility
↓
Current Quarter Volatility Comparison
↓
Identify Compression
↓
Calculate Quarterly Pivot
↓
Define Current Quarter High/Low
↓
Wait for Daily-Close Confirmation
↓
Breakout / Breakdown
↓
Apply Expansion Target Ladder
↓
Compare With Previous-Quarter Expansion Range
Disclaimer: aliceblueonline.com
IDFCFIRSTB Shows A SwingMonthly Supertrend Flip & Breakout: After consolidated price action around the ~58.50–65.31 zone, the stock established a strong bottom and flipped the Monthly Supertrend (annotated on the chart at 65.31). The price has since rallied toward resistance near 87.00.
Momentum Oscillator: The Williams %R (26) sits at -6.93, deep in strong bullish territory above -20. The chart explicitly highlights standard potential for both Monthly and Weekly momentum alignment.
Key Levels Annotated:
Current Price: 86.38
Buy Level: Above 87.00
Stop Loss Level: 85.64 (Tight risk boundary below recent weekly consolidated low)
Target 1: 91.88
Target 2: 95.98 (Midpoint between T1 and T3)
Target 3: 100.08
Trigger Confirmation: Entry requires a decisive move above 87.00 to confirm continuation toward 100.00+.
Risk Management: The stop-loss at 85.64 offers tight risk protection (less than 1.5 points risk) relative to the upside targets.
Disclaimer: aliceblueonline.com
Chart Structure & Price Action JINDALSTELTrend Flip & Re-Test: Following a multi-month decline from the top (~1,300–1,400 zone) down toward the low near 980–1,020, the price bounced back to reclaim the Supertrend indicator (green shaded support area at 1,049.0). The price action shows a breakout above initial resistance followed by a downward pull to re-test the trend line before attempting a higher-high move.
Momentum Oscillator: The lower pane shows Williams %R (26) breaking above its lower downtrend line with an annotated "Early-stage bullish momentum" signal sitting near -60.18, suggesting that oversold conditions have cleared and bullish momentum is recovering.
Key Levels Annotated:
Current Price: ~1,126.0
Buy Level: Above 1,153.2 – 1,164.5
Stop Loss: 1,118.0 (Conservative) / 1,084.1 / 1,049.0 (Weekly low / Supertrend level)
Target 1: 1,164.5 / 1,196.4
Target 2: 1,196.4
Target 3: 1,244.1
Confirmation Needed: Entry is contingent on price sustaining above the 1,153.2–1,164.5 region to confirm that the trend re-test holds.
Risk Management: A breach below 1,084.1 invalids the bullish swing bias, sending price back into the Supertrend support zone at 1,049.0.
Disclaimer: aliceblueonline.com
Chart Structure & Price Action JINDALSTELTrend Flip & Re-Test: Following a multi-month decline from the top (~1,300–1,400 zone) down toward the low near 980–1,020, the price bounced back to reclaim the Supertrend indicator (green shaded support area at 1,049.0). The price action shows a breakout above initial resistance followed by a downward pull to re-test the trend line before attempting a higher-high move.
Momentum Oscillator: The lower pane shows Williams %R (26) breaking above its lower downtrend line with an annotated "Early-stage bullish momentum" signal sitting near -60.18, suggesting that oversold conditions have cleared and bullish momentum is recovering.
Key Levels Annotated:
Current Price: ~1,126.0
Buy Level: Above 1,153.2 – 1,164.5
Stop Loss: 1,118.0 (Conservative) / 1,084.1 / 1,049.0 (Weekly low / Supertrend level)
Target 1: 1,164.5 / 1,196.4
Target 2: 1,196.4
Target 3: 1,244.1
Confirmation Needed: Entry is contingent on price sustaining above the 1,153.2–1,164.5 region to confirm that the trend re-test holds.
Risk Management: A breach below 1,084.1 invalids the bullish swing bias, sending price back into the Supertrend support zone at 1,049.0.
Disclaimer: aliceblueonline.com
JSW Infra: Fundamentals Meet a Breakout SetupJSW Infrastructure continues to build a strong long-term growth profile through expansion of its port, cargo-handling and logistics operations. The company has also been strengthening its balance sheet to support its expansion plans, while institutional participation has increased significantly.
Fundamental Analysis
JSW Infrastructure operates in an asset-intensive industry with high entry barriers, and its financial profile reflects the benefits of scale. The company currently maintains an operating profit margin of around 48% and a net profit margin of approximately 27%. ROE stands around 14%, while ROCE is approximately 12.7%, indicating that the business continues to generate reasonable returns on the capital employed.
The long-term growth record is notable. The company's five-year net profit growth is above 400%, while operating cash flow has also increased substantially over the same period. Revenue growth remains healthy, supported by increasing cargo volumes and capacity expansion.
The latest operating numbers remain constructive. Q1 FY27 cargo volume increased to approximately 31 MT from 29.4 MT YoY, while revenue from operations increased to around ₹1,208 crore from ₹1,086 crore in the corresponding period. Operating EBITDA increased to approximately ₹601 crore, although the EBITDA margin moderated to around 49.8%.
The recent earnings picture is therefore mixed: operational growth remains intact, but PAT growth has temporarily lagged revenue and operating-profit growth.
Balance Sheet
JSW Infrastructure's leverage remains manageable. Total debt-to-equity is around 0.59x, while long-term debt-to-equity is approximately 0.55x. Interest coverage is around 7.7x, providing a reasonable cushion against interest costs.
The company's FY26 net debt-to-equity was approximately 0.27x, while net debt to operating EBITDA was around 1.19x. These levels indicate that the company has taken on additional debt for expansion, but leverage remains within a manageable range.
The company also raised approximately ₹6,555 crore through a QIP in June 2026, providing additional capital for future expansion.
Institutional Holding
One of the most notable developments in the fundamental story is the sharp increase in institutional ownership.
Institutional holding increased from approximately 9.4% in March 2026 to 20.4% in June 2026.
Within this:
FII holding: 6.9% → 11.2%
Mutual Fund holding: 2.1% → 8.7%
DII holding: approximately 2.5% → 9.2%
This represents a substantial increase in institutional participation.
Promoter holding declined from approximately 83.6% to 73.9% during the same period. However, this change needs to be viewed alongside the June 2026 QIP and the resulting increase in the company's equity base rather than being interpreted simply as promoter selling.
Valuation
The major fundamental consideration is valuation.
JSW Infrastructure trades at approximately 51x trailing earnings, around 6.7x book value, with EV/EBITDA in the high-teens. These ratios indicate that the market is assigning a significant premium to the company's future growth prospects.
Therefore, the fundamental equation is clear:
Strong business growth + improving institutional participation + manageable leverage
versus
Premium valuation + recent moderation in PAT growth.
For the valuation to remain supported over the longer term, continued revenue growth, improving earnings, disciplined capital allocation and healthy returns on incremental capital will be important
Technical Analysis
The long-term daily chart presents an interesting Cup & Handle formation.
The stock recovered from the ₹220–₹250 region and gradually moved back toward the ₹350–₹360 area, forming the cup. The subsequent consolidation around the ₹310–₹360 region represents the handle portion of the pattern.
The stock closed around ₹348.25 on September 18, 2026, after trading as high as approximately ₹356.25, with volume of around 25.41 million shares.
The price is therefore approaching an important long-term resistance zone.
Key Technical Levels
The chart identifies ₹350–₹367 as the major yearly resistance region.
Resistance
₹367 — Major breakout level
A sustained daily close above ₹367 would represent a breakout from the major resistance zone and would provide technical confirmation of the Cup & Handle structure.
The next chart-based resistance levels are:
₹396 → ₹420 → ₹465
These represent the successive upside levels marked on the chart.
Support / Reversal Zone
The ₹310–₹330 region is the key reversal and support zone.
This area becomes important because it represents the lower boundary of the recent handle/consolidation structure.
A sustained breakdown below this zone would weaken the present Cup & Handle setup and indicate that the breakout structure requires reassessment.
Cup & Handle Structure
The technical structure can therefore be visualised as:
₹310–₹330 → Reversal / Support Zone
₹350–₹367 → Major Resistance / Breakout Zone
₹367 → Breakout Confirmation
₹396 → First Major Resistance
₹420 → Next Resistance
₹465 → Higher Resistance
The most important technical confirmation would come from a sustained close above ₹367 accompanied by strong volume and improving momentum indicators.
Conclusion
JSW Infrastructure presents an interesting techno-fundamental setup. Fundamentally, the company has strong operating margins, substantial long-term earnings growth, manageable leverage and a significant increase in institutional participation. The QIP has also strengthened the capital base for future expansion.
At the same time, the valuation remains demanding, while recent PAT growth has moderated. Therefore, future earnings growth will be important in validating the current valuation.
Technically, the stock has developed a large Cup & Handle structure and is approaching the crucial ₹350–₹367 yearly resistance zone. Momentum indicators such as RSI, MACD and ADX should be monitored alongside volume for confirmation.
The key technical trigger remains ₹367. A sustained breakout above this level would place ₹396, ₹420 and ₹465 as the next chart-based resistance levels, while ₹310–₹330 remains the major structural support/reversal zone.
Disclaimer: aliceblueonline.com
APARINDS - Pole & Flag BreakoutAPAR Industries is one of India's largest manufacturers of conductors, cables, and specialty transformer oils — a direct beneficiary of India's accelerating power transmission and grid modernisation capex cycle.
📊 Key Numbers (TTM / Latest):
Revenue: ₹24,389 Cr (+24% YoY)
Net Profit: ₹1,182 Cr (+34% YoY)
Q1 FY27 PAT: ₹467 Cr (+77.8% YoY) ← accelerating
ROCE: ~29.8% | ROE: ~18.1%
Operating Margin: 8.85% (expanding)
Conductor Order Book: ₹10,190 Cr (strong revenue visibility)
💰 Valuation:
TTM P/E: ~63x (elevated vs. 5Y avg of ~37x)
PEG: ~1.9x — growth is priced in, but earnings trajectory justifies the premium
🏦 Ownership (Constructive):
Promoter: 55.42% | Zero Pledge ✅
Mutual Funds: 22.28% (+2.76% YoY)
FII: 11.36% (+2.30% YoY) — rising
Total Institutional: 36.24% (+5.4pp YoY) — smart money accumulating
⚠️ Risk: High valuation leaves little room for an earnings miss. Monitor operating cash flow vs. profit growth and working capital as scale increases.
📈 TECHNICAL SETUP — Daily Chart
Pattern: Pole & Flag (Bullish Continuation)
CMP: ₹18,858 | +5.94% breakout today on elevated volume (271.8K)
The stock formed a strong impulse pole in late July–early August, followed by a consolidating flag channel drifting slightly lower through August–September. Today's breakout above the upper flag boundary on high volume is the confirmation signal.
🎯 Targets:
R1: ₹20,000 (first resistance / round number)
R2: ₹21,150 (prior swing resistance)
R3: ₹23,130 (pole projection / extended target)
🛡️ Support & Stop:
Flag Base / Stop Loss: ₹17,075
Reversal Zone (strong demand): ₹16,015 – ₹17,075
Invalidation: Sustained close below ₹16,015
🔑 SUMMARY
Fundamentally strong business (ROCE ~30%, PAT +77% in Q1 FY27, rising institutional ownership) breaking out technically from a classic Pole & Flag on strong volume. The convergence of quality fundamentals and a clean chart setup makes this a high-conviction idea for positional traders.
Watch ₹20,000 closely — how price reacts at R1 will signal whether this breakout has legs for R2 and R3.
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