$iredaok so plan B activated for IREDA sweep this demand zone below and then we get our short covering rally
reclaim MS and pullback into demand to test then off to the races
exited my small caps for now since they will fall a bit more IF things get nasty
50% in cash for now waiting for lower
shall update nifty50 in a bit
SOMANYCERAWeekly Chart
Support 550
Expected Level 614
RSI above 60 Daily / Weekly
Somany Ceramics Ltd is engaged in manufacturing and trading of complete decor solutions, its products include ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary-ware, bath fittings and allied products. [
SELL NTPC @ 331 SL 345**5 Key Rules for Trendline Breakout Trading:**
* **Valid Trendline:** Draw a line connecting at least 2–3 major swing highs or lows.
* **Candle Close:** Enter only after the candlestick closes clearly beyond the trendline.
* **Volume Confirmation:** Ensure high volume on the breakout candle to confirm strength.
* **Stop-Loss Placement:** Set a stop-loss just below the breakout candle or recent swing low.
* **Target Setting:** Aim for the next major resistance level or a minimum 1:2 Risk-to-Rew
BUY @1282 SL@ 1260**5 Key Rules for Trendline Breakout Trading:**
* **Valid Trendline:** Draw a line connecting at least 2–3 major swing highs or lows.
* **Candle Close:** Enter only after the candlestick closes clearly beyond the trendline.
* **Volume Confirmation:** Ensure high volume on the breakout candle to confirm strength.
* **Stop-Loss Placement:** Set a stop-loss just below the breakout candle or recent swing low.
* **Target Setting:** Aim for the next major resistance level or a minimum 1:2 Risk-to-Rew
PATIL AUTOMATION inverted H&SThis is a weekly candlestick stock chart for Patil Automation Ltd. (PATILAUTOM), analyzed on the TradingView platform.
## Key Technical Aspects
* Chart Type: Weekly (1W) candlestick chart.
* Price Movement: The stock experienced a major correction from mid-2025, bottomed out in early 2026, and has since staged a sharp recovery back to its previous resistance levels.
* Chart Pattern: The green dashed lines highlight a classic bullish Inverse Head and Shoulders reversal pattern.
* Left Shoulder:
CAPLIPOINT Tight Range Consolidation at Highs:The stock has been in a clean multi-year secular uptrend since 2022, making consistent higher highs and higher lows.
Over recent weeks, the price has compressed tightly between 2,463 (support base) and 2,699 (all-time high ceiling).
Volume on the weekly timeframe remains calm without signs of heavy distribution or aggressive institutional exit.
"Disclaimer: Educational chart study only. Not a SEBI-registered advisory. No buy/sell recommendations implied."
ELGI RUBBER## Elgi Rubber Company Ltd. (CMP ₹60.66, NSE: ELGIRUBCO)
**The SmartWay Research Desk | 2 September 2026**
A Coimbatore‑based industrial company, incorporated in 2006. Elgi Rubber manufactures and supplies **retreading materials, rubber products, bonding gum, cushion gum, and allied equipment** for the tire retreading industry. The company operates through subsidiaries in India and overseas, serving both domestic and export markets.
**Promoter Holding (Jun 2026):** **L.G. Balakrishnan &
Jayaswal Neco - Bullish at CMP after 18 yrs breakout!Stock has successfully given breakout above 83 level, after 18 years.
It has also retested in a textbook style and is on the way to going up. Once it crosses the previous high, stock can be in a multi-year uptrend for the next 6-7 years. Target will be 3200-3400 in the next 7 years.
About Fundamentals of the company:
Promoter integrity: mixed and permanently marked. They never sold a share through six loss years and an NCLT filing, accepted 31% equity dilution to ACRE rather than exit, si
DCB Bank 🏦 STOCK TO WATCH 🏦
₹221 → ₹323 → ₹420 👀
A private-sector banking name appearing on my Weekly R4 Momentum Breakout Scanner.
DCB Bank Ltd.
📌 Buy Zone: ₹221
📌 Breakout Zone: ₹221
🛑 Stop Loss: ₹154
🎯 Target 1: ₹323
🎯 Target 2: ₹420
Why DCB Bank?
📈 Strong Q1 FY27 earnings: Net profit jumped 35.6% YoY to ₹213.2 Cr, marking the bank's fourth consecutive quarter of record quarterly PAT.
💰 NII momentum: Net Interest Income reached ₹683.95 Cr, with reported YoY growth of about 18% and NIM improvin
Syncom Formulations💊 STOCK TO WATCH 💊
₹20 → ₹58 👀
A small-cap pharma name appearing on my Weekly R4 Momentum Breakout Scanner.
Syncom Formulations (India) Ltd.
📌 Buy Zone: ₹20
📌 Breakout Zone: ₹20
🛑 Stop Loss: ₹12
🎯 Target: ₹58
Why Syncom Formulations?
💊 Pharma formulations business: Syncom manufactures and markets 500+ pharmaceutical products across tablets, capsules, injections, liquids, ophthalmics, creams, gels and other dosage forms.
🌍 Export-oriented platform: The company has an international presenc
Bhageria Industries 🧪 STOCK TO WATCH 🧪
₹250–260 → ₹396 → ₹423 → ₹597 👀
A specialty-chemicals name appearing on my Weekly R4 Momentum Breakout Scanner.
Bhageria Industries Ltd.
📌 Buy Zone: ₹250–260
📌 Breakout Zone: ₹242
🛑 Stop Loss: ₹185
🎯 Target 1: ₹396
🎯 Target 2: ₹423
🎯 Target 3: ₹597
Why Bhageria Industries?
🧪 Specialty chemicals exposure: The company has a diversified product portfolio serving industries such as home & personal care, oilfield, textiles, agrochemicals and lubricants.
📈 Strong Q1 FY27 perf
Engineers India🏗️ STOCK TO WATCH 🏗️
₹265–275 → ₹434 👀
A strong engineering & infrastructure play appearing on my Weekly R4 Momentum Breakout Scanner.
Engineers India Ltd.
📌 Buy Zone: ₹265–275
📌 Breakout Zone: ₹265
🛑 Stop Loss: ₹199
🎯 Target: ₹434
Why Engineers India?
🏗️ Engineering & consultancy specialist: EIL provides engineering, consultancy and project-management services across energy and infrastructure sectors.
📈 Strong Q1 FY27 profitability: Standalone PAT rose 55% YoY to ₹109 Cr, while PBT also
Dynamic Cables ⚡ STOCK TO WATCH ⚡
₹520–530 → ₹799 → ₹858 👀
A power-infrastructure play appearing on my Weekly R4 Momentum Breakout Scanner.
Dynamic Cables Ltd.
📌 Buy Zone: ₹520–530
📌 Breakout Zone: ₹508
🛑 Stop Loss: ₹368
🎯 Target 1: ₹799
🎯 Target 2: ₹858
Why Dynamic Cables?
⚡ Power & infrastructure play: Dynamic Cables manufactures power cables and conductors for transmission, distribution, renewables, railways and industrial applications.
📈 Strong Q1 FY27: Revenue from operations grew 33.23% YoY to ₹3
HDFC BANK – LAST MAJOR EMA SUPPORT ZONE HDFC BANK – EMA SUPPORT RATIONALE 📊
HDFC Bank has repeatedly respected its EMA support at major turning points across different market cycles. The chart highlights similar reactions around 2012, 2013, 2022 and 2024, while the deeper EMA support was observed during the 2009 period and the 2020 crash.
Current Scenario: The stock is again taking support around this historical EMA zone.
Key EMA Support Zone: ₹682–₹700
Rationale: The repeated historical respect of this EMA makes ₹682–₹700 a c
MCX Intraday Study — BTR Sell Setup 01 Sep 26Today’s MCX 15-minute chart shows a simple but important trading lesson: the setup comes first; the outcome comes later.
Price was holding around the 3,340–3,360 zone before the BTR Sell Signal appeared. After the signal, price gradually moved lower, with the bearish structure continuing to develop.
Setup Reference
🔴 BTR Sell Signal: around 3,340–3,350
🛑 SL / Invalidation: 3,400
🎯 T1: 3,241.5
🎯 T2: 3,162.3
🎯 T3: 3,083.0
At the time shown, MCX was around 3,308.5, so the move was progressing t
Fiem IndBased on the daily chart for Fiem Industries Limited (FIEMIND), here is the technical breakdown along with key buy/sell action levels:
Technical Overview
Downtrend Retest at Base Support: After reaching a high near 2,674.8, the stock experienced a steep drop and is currently attempting to stabilize near a key support floor at 2,028.9 – 2,031.2.
Current Action: A green daily recovery candle is forming around 2,099.1 (+3.09%), indicating early interest from buyers right at the local low.
Volum
HDFC BANK – FINAL LEG OF THE BROADENING WEDGETime Frame: 1-Hour
Formation: The pattern has been developing since 17 August, with a clear sequence of expanding swings forming a symmetrical broadening wedge.
Current Position: The stock is trading near the 5th and final leg of the pattern.
Support Zone: ₹690–₹700
Pattern Resistance: ₹740
Final Leg: ₹700 → ₹740
Pattern Target: ~₹790
View
The stock is positioned near the final leg of the broadening structure. As the lower support zone holds, the first expected move is towards ₹740, f
FEDERALBNK (30m) - Breakout Pullback SetupSetup:
Federal Bank has been consolidating within a Multi Day Balance Area on the 30m chart, rotating between roughly 342 and 349 over the past several sessions. Price has now broken above the balance area with strong momentum. The move is targeting the previous high at 358.75, which also marks the next resistance level above.
Key Levels:
Multi Day Balance Area: 342.00 – 349.00
Swing Low: 345.00
Resistance (Previous High): 358.75
Trade Plan:
Bias: Long
Entry Zone: 349.00
Stop Loss: 345.























