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Showing posts from November, 2025

Jindal Steel Ltd – Cup & Handle Breakout Forming | Technical Analysis

Jindal Steel Limited (NSE: JINDALSTEL) is showing a strong bullish setup across multiple timeframes — monthly, weekly, and daily charts. The stock has formed a classic Cup & Handle pattern , which is one of the most reliable continuation patterns in technical analysis. 🔍 Chart Overview Pattern: Cup & Handle Timeframe: Monthly / Weekly / Daily Current Market Price (CMP): ₹1,066 Resistance / Breakout Zone: ₹1,090 – ₹1,100 Key Supports: ₹986 / ₹882 / ₹770 📈 Technical View The stock is currently consolidating near the neckline zone of ₹1,097. A strong monthly or weekly close above ₹1,100 will confirm a breakout and open the door for higher levels. Volumes are expected to increase post-breakout, indicating renewed buying interest. 🎯 Targets (Post Breakout) If the price sustains above ₹1,100: Target 1: ₹1,250 Target 2: ₹1,380 Target 3 (Extended): ₹1,500 ⚙️ Stop-loss Stop-loss: ₹985 (on weekly close basis) ⏰ Time Horizon ...

📈 CHOLAFIN Swing & Positional Technical Analysis (November 2025)

  📈 CHOLAFIN Swing & Positional Technical Analysis (November 2025) 🧭 Overview Cholamandalam Investment & Finance Co. Ltd. (CHOLAFIN) has shown strong bullish momentum over the last few months, forming higher highs and higher lows on both daily and weekly charts. The price recently faced resistance near ₹1,780–₹1,800 — a key supply zone from earlier highs — and is now in a short-term consolidation phase. 🔍 Daily Chart Analysis (1D Timeframe) Current Price: ₹1,696.80 Recent High: ₹1,782 Support Levels: ₹1,685 / ₹1,667 Resistance Levels: ₹1,782 / ₹1,850 Trend: Bullish (but near resistance zone) Observations: Price has been respecting the 20-day EMA, indicating strong trend-following behavior. The recent candle shows mild profit booking after touching the resistance near ₹1,780. As long as CHOLAFIN holds above ₹1,660, the overall uptrend remains intact. 🕰️ Weekly Chart Analysis (1W Timeframe) The stock has broken out of a multi-mo...