📊 Step 1: Chart Analysis & Price Action Assessment
Trend: Recently broke out from a sideways consolidation (February–May), now showing strong upward momentum.
Price Movement:
From ₹250 to ₹295 in a single session (+13.49%).
Large bullish candle breaking past resistance with a gap-up.
Support Levels: ₹248–255 zone (green box in chart, prior resistance now support).
Resistance Levels: Around ₹325 (red line in chart).
Candlestick Behavior: Bullish engulfing breakout with high range and closing near the high = strong buyer interest.
📈 Step 2: Volume & Volatility Analysis
Volume:
Sharp spike on breakout day (~943K), the highest volume in months.
Volume correlates with bullish breakout – strong institutional or smart money activity.
Volatility:
Significant due to the wide range candle (₹250–₹295).
This is not normal daily movement – shows entry into a new phase.
Bollinger Bands (implied by expansion): Widening, further supports high volatility and breakout behavior.
🔍 Step 3: Phase Classification
✅ Current Phase: Stage 3 – Explosive Growth Phase
Supporting Evidence:
Large price bar with high volume = classic Stage 3 trait.
Breakout from previous resistance with follow-through buying.
No pullback yet – steep rise after extended sideways base.
Volume spike confirms strong interest, likely news/earnings or accumulation breakout.
🧭 Step 4: Final Summary & Recommended Action
Stock: Dharmaj Crop Guard Ltd
Current Stage: ✅ Stage 3 – Explosive Growth Phase
Key Observations:
Trend Direction: Sharp uptrend (parabolic breakout).
Volume Behavior: Extremely high, strongest in recent months.
Volatility: High; wide candle and strong movement.
Support: ₹248–255 (prior resistance).
Resistance: ₹325–330 (1.5 Fib extension + historical level).
✅ Suggested Strategy:
If already holding: Use trailing stop-loss near ₹265 or previous day's low to lock in profits.
If not holding: Avoid chasing highs. Wait for a minor pullback or a bullish consolidation near ₹270–280 for safer re-entry.
Risk Management: Avoid greed. Expect 4–5%, not full 1.5x extensions unless confirmed.
📝 Final Action Plan:
→ WAIT for pullback before entering
→ HOLD with trailing stop if already in
→ Be cautious of sudden reversals due to sharp move and volume climax
Trend: Recently broke out from a sideways consolidation (February–May), now showing strong upward momentum.
Price Movement:
From ₹250 to ₹295 in a single session (+13.49%).
Large bullish candle breaking past resistance with a gap-up.
Support Levels: ₹248–255 zone (green box in chart, prior resistance now support).
Resistance Levels: Around ₹325 (red line in chart).
Candlestick Behavior: Bullish engulfing breakout with high range and closing near the high = strong buyer interest.
📈 Step 2: Volume & Volatility Analysis
Volume:
Sharp spike on breakout day (~943K), the highest volume in months.
Volume correlates with bullish breakout – strong institutional or smart money activity.
Volatility:
Significant due to the wide range candle (₹250–₹295).
This is not normal daily movement – shows entry into a new phase.
Bollinger Bands (implied by expansion): Widening, further supports high volatility and breakout behavior.
🔍 Step 3: Phase Classification
✅ Current Phase: Stage 3 – Explosive Growth Phase
Supporting Evidence:
Large price bar with high volume = classic Stage 3 trait.
Breakout from previous resistance with follow-through buying.
No pullback yet – steep rise after extended sideways base.
Volume spike confirms strong interest, likely news/earnings or accumulation breakout.
🧭 Step 4: Final Summary & Recommended Action
Stock: Dharmaj Crop Guard Ltd
Current Stage: ✅ Stage 3 – Explosive Growth Phase
Key Observations:
Trend Direction: Sharp uptrend (parabolic breakout).
Volume Behavior: Extremely high, strongest in recent months.
Volatility: High; wide candle and strong movement.
Support: ₹248–255 (prior resistance).
Resistance: ₹325–330 (1.5 Fib extension + historical level).
✅ Suggested Strategy:
If already holding: Use trailing stop-loss near ₹265 or previous day's low to lock in profits.
If not holding: Avoid chasing highs. Wait for a minor pullback or a bullish consolidation near ₹270–280 for safer re-entry.
Risk Management: Avoid greed. Expect 4–5%, not full 1.5x extensions unless confirmed.
📝 Final Action Plan:
→ WAIT for pullback before entering
→ HOLD with trailing stop if already in
→ Be cautious of sudden reversals due to sharp move and volume climax
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.