BREAKOUT ABOVE 52 WEEK HIGH IN NGL FINE -- EDUCATIONAL PURPOSE
Stock made high of 2818 in April 2024, corrected afterwards and came down to 956 in Feb 2025 (-66%) correction in 10 months, then entered consolidation phase and started bullish momentum in Feb 2026. Previous high of 2818 was breached in May 2026 but there was no significant closing noticed above it. Stock corrected a bit in next 2 weeks and strong closing above that level is seen in this week supported by volumes.
Long position can be initiated at retest level 2815-2820 and can expect the rally to continue till 6550.
TARGET : 6550 (131%) (FIBO LEVEL)
STOP LOSS : 2550 (-10%) ON WEEKLY CLOSING BASIS
RR RATIO : 1:13
TIME HORIZON : 60-72 Months ( Till June 2032)
ONLY FOR INVESTMENT PURPOSE, NOT FOR SHORT TERM TRADING
Ready to Roar TD Power Systems LTD.TD power Systems Ltd.
1. Introduction—Alpha Vs Nifty –145 % and Beta last 01 Year-1.1 .
Weight Of Evidence—
1. Price is making Higher Highs and Higher Lows while Respecting EMA 55.
2. Price is in Mark Up Phase.
3. Formation of Morning Star.
4. At EMA 55.
5. At Convergence of Upper and Lower fibre of Rising Wedge---Dynamic Demand Zone.
6. At 38.2 % Retracement Level of Last Impulse.
7. RSI is bouncing back from level of 40.
Area of Concern:
1. There is Break Down of Multiple Top with Bottom on 10 Jun on 21 Minute chart. Price has historically showcased almost same kind of Price Action in two episodes 10 Feb 26 to 06 Mar 26 and 30 Oct 25 to 05 Dec 25 recently.
We will Regulate our entry (keeping 1 ATR above Neckline as per 21 Minute chart) so as to rule out the possibility of Price Retesting the Neckline of Multiple Top with Bottom and continuing Downtrend or going sideways.
Trading Strategy
Enter—1246
Stop Loss-1114
Risk Per Share-132,
For Profit Booking I shall Follow the appearance of Bearish reversal Candlestick pattern Near Upper Fibre of Rising Price Channel Visible in Weekly Chart and Higher Time Frame. One may also book profit at 2 R i.e. 1510. or may Make trade Risk Free at This level.
TMCV's Hidden Pattern Finally RevealedFalling Wedge Setup
Stock is trading within a falling wedge pattern with resistance near 400-405 and support at 340-350.
Breakout above 405 can trigger fresh bullish momentum.
Any dip towards 340-350 may offer a buying opportunity.
Pattern is almost complete; wait for breakout confirmation or support retest.
Mid-Term Target: 450+
Technical Observations _ StocksTechnical Observations as on 13th June, 2026 1drv.ms
Banco Products - CMP (689.55) - Next Supply (780 to 820) - timeline (3 months)
Blue Jet Healthcare - CMP (512.50) - Next Supply (670 to 690) - timeline (6 months)
Ashapura Mines - CMP (692.05) - Next Supply (870 to 890) - timeline (6 months)
VMART - CMP (719.75) - Next Supply (800 to 840) - timeline (3 months)
JINDAL SAW - CMP (238.50) - Next Supply (260 to 280) - timeline (5 months)
TVS supply chain solutions - CMP (132.26) - Next Supply (180 to 200) - timeline (12 months)
TVSSCS - Technical ObservationTechnical Observation — On the weekly chart, TVSSCS carved a clear bottom near ₹90 (Mar 2026) after a prolonged downtrend from the ₹217 ATH. The stock has since recovered sharply and is now trading around ₹132. The EMAs have turned upward and price is now trading above — a meaningful shift in weekly trend structure. The volume spike at the bottom confirms capitulation followed by absorption. The ₹175–200 band is the next significant supply zone (prior consolidation from mid-2025). With the structure turning, ₹175 as a near-term target over 12 months (~33% from current levels) appears a reasonable technical expectation if weekly momentum sustains.
1drv.ms
TBZ : When Everything Speaks TogetherTBZ has been sitting quietly in everyone's watchlist for months now. I think that's about to change.
Let me walk you through what I'm seeing on the weekly chart.
The Big Picture First
If you zoom out to 2020, this stock has been building a ((5)) wave impulse structure of Primary degree (Black). Wave ((1)) was small, nobody cared. Wave ((2)) was brutal, it shook everyone out. Then Wave ((3)) happened and took this thing from roughly 50 all the way to 360. Classic Wave ((3)) loud, fast, no pullbacks worth buying.
After that peak in mid-2024, we've been in Wave ((4)) of Primary degree (Black) correction territory. And Wave ((4)) corrections are exactly what they sound like messy, long, frustrating. This one played out as a (W)(X)(Y) of Intermediate degree (Blue) complex correction. Three legs down, a fake recovery in between, then another leg lower. It's been a slow grind that tested every holder's patience.
What Changed Recently
There's a slanting resistance trendline that's been connecting every lower high since the Wave ((3)) of Primary degree (Black) peak. That trendline got broken this week. Not on some random low-volume candle. With a +9.94% move and real participation behind it. That's not noise.
The Wave (Y) of Intermediate degree (Blue) low also held right at the AVWAP anchored from the very beginning of this entire cycle around 126. That orange line on the chart has been the line in the sand throughout this correction. Price came down, touched it, and bounced. The AVWAP essentially represents the average price of everyone who's participated in this stock since this cycle began. When price holds above that level, it means the average buyer is still in profit and they're not panicking.
Overall what i am looking in entire scenario
According to Elliott Wave Theory, without violating any rule or principle, the wave counts are fitting perfectly. It’s visible that Wave ((4)) is complete and Wave ((5)) has started to unfold. As per the projection of Elliott Wave Theory, it can reach 419 or even more. Along with this, we can also see a breakout of a resistance trendline. So look, we have wave counts aligning, a resistance trendline breakout, and before both of these, the price had fallen all the way from a high of 360, all the way down to make a low of 110. At that level, it took support on the 200 EMA on the weekly timeframe. The anchored VWAP from the bottom of March 2020, the bottom of this cycle, the point from where we started this wave on a price basis is coming at 126. The price is also taking support there. So combining all these things support, wave counts, breakout, it’s suggesting that yes, this is definitely a perfect textbook study. I hope that by seeing this confluence, we all learned something from this study. How things are aligned and observed in technical analysis. Yes, definitely there are bullish divergences below as well, which we haven’t mentioned here, but they have already occurred. After that, the price has started to move up a bit, and only after that did the breakout happen. So yes, this study looks very convincing and promising.
This definitely does not mean that it will only go up. Look, inside the stock market we’re always trying to find a probability. So combining all these things, there’s a signal or a probability that suggests it might go up. But everywhere, either our estimate will be right or our estimate will be wrong. So if it goes wrong, how will we know? How will we accept it ? When will we accept that our estimate didn’t play out? So here, the low of Wave ((4)) will act as an invalidation level for us. The price at 110.50 that’s our invalidation level. If it breaks that, it will invalidate these wave counts and we’ll need to reassess. And if that level holds, then possibly this is still continuing its upward journey within Wave ((5)). Right, so this analysis is for educational purposes only. If you take any real trade, please analyze or research it on your own. We won’t take any responsibility.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Why the Best Traders Trade Less, Not More"Sometimes the best trade is the one you never take."
When people start trading, they believe one simple idea:
More trades = More money.
So they sit in front of their charts for hours, jump into every setup, and feel like they must always be in the market.
But after watching professional traders for years, I realized something surprising.
The most consistent traders don't trade all day.
They trade less.
And that's exactly why they perform better.
Let's understand why.
---
1. Every Trade Doesn't Deserve Your Money
The market creates hundreds of price movements every day, but not every movement is a trading opportunity.
New traders feel the need to catch every move.
Professional traders wait for the few setups that perfectly match their plan.
They know that patience protects capital.
One high-quality trade is often better than five average ones.
---
2. More Trades Usually Mean More Emotions
Every trade brings excitement, fear, and stress.
If you're taking ten trades a day, you're making ten emotional decisions.
That's where mistakes begin.
You start chasing candles, moving stop losses, and entering trades without a clear reason.
Trading less helps you stay calm and think clearly instead of reacting emotionally.
---
3. Overtrading Slowly Destroys Accounts
Many traders don't lose money because of a bad strategy.
They lose because they trade too much.
After one loss, they immediately look for another trade.
After one win, they become overconfident and increase their risk.
This cycle repeats until small mistakes become big losses.
Sometimes doing nothing is the smartest decision.
---
4. The Market Will Always Be There Tomorrow
One of the biggest fears in trading is missing out.
A trader watches price move without them and thinks,
"I missed my chance."
But the market opens every day.
There will always be another opportunity.
Professional traders never chase the market.
They wait for the market to come to them.
---
5. Quality Beats Quantity Every Time
Imagine two traders.
The first trader takes twenty random trades every week.
The second trader waits patiently and takes only five well-planned trades.
Who has the better chance of staying consistent?
Trading is not a competition to place the most orders.
It's a game of making better decisions.
And better decisions usually come with patience.
---
6. Great Traders Protect Their Energy
Trading is mentally demanding.
Constantly watching charts can lead to stress, frustration, and poor judgment.
Successful traders know when to step away.
They review their plan, wait for confirmation, and avoid forcing trades.
Their biggest advantage isn't a secret indicator.
It's self-control.
---
7. Final Thoughts
Many beginners believe success comes from working harder and trading more.
But experience teaches a different lesson.
The best traders don't chase every candle or every breakout.
They wait.
They stay disciplined.
And they understand that protecting capital is just as important as making profits.
Remember this simple idea:
>You don't get paid for being active. You get paid for being right.
Sometimes, the most profitable position in trading is simply waiting for the perfect opportunity.
BEL 4HRStrong Potential Reversal Zone
Confluence of TWO 4HR BULLISH Patterns CRAB & GARTLEY@XA88.6 &
1HR Bullish ALT BAT i.e Blue color XABCD
Blue color numbers are 1HR Targets & sl
GREEN color numbers are 4HR Targets & sl waiting for trend line break to take long in 4hr tf & looking to take long in 15min tf based on 1hr pattern
Shree Refrigerations LtdShree Refrigerations Ltd
SME !!
Top-Line Growth: Target revenue growth of 40% to 50%, backed by a solid order book of ₹270–₹327 crore. Management expects to fully execute and bill 4 of their 8 major ongoing projects in FY27.
Profitability Margins: Targeting sustainable EBITDA margins of 20% to 22% and PAT margins of 13% to 15% due to operational leverage and high-margin defense contracts.
Capacity Scaling: The new 50,000 sq. ft. facility expansion is set to open on June 20, 2026. This backward integration will easily support future revenue scaling up to ₹500+ crores without needing fresh equity or debt.
New Revenue Verticals: Commercial revenue from their data center cooling vertical (partnered with Smardt) and high-margin naval spares/AMCs will start contributing noticeably to the top-line this year.
GMR Airports : Buy Retest at ₹101 Support, Target ₹110 SL 99.5Trading a resistance retest is one of the highest-probability setups in technical trading. It occurs when a stock breaks out above a major resistance level, but instead of continuing straight up, it reverses briefly to test that same level from above.
Current Market Price (CMP)₹103.80
Stock closed up +3.70%,
Target Entry Zone₹100.60 – ₹101.50
Do not chase at ₹103.80.
Wait for a calculated limit-order pullback.
Stop-Loss (Exit Risk)₹98.50
Primary Target (T1)₹106.
The macro 52-week structural peak.Key Support Levels₹100.58 & ₹98.73Major structural demand floors (61.8% and 38.2% Fibonacci line.






















