MASSIVE 18% SURGE in 
TTML Smashes Resistance After 3-Month Base - The Perfect Breakout Trade Blueprint! Also made a Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Good Price and Volume action.
Price Action Analysis:
TTML is currently experiencing a significant bullish move, trading at ₹69.09 with an impressive 18.65% gain (₹10.86). The stock has made a decisive breakout from a well-defined range that had contained prices since March 2025. Today's powerful green candle has cleanly broken above the resistance zone at ₹62-64, showing strong momentum and conviction from buyers.
Volume Analysis:
The volume is exceptionally strong at 105.91M shares versus the average of 7.99M—over 13 times normal volume. This massive spike in participation confirms the legitimacy of the breakout and suggests institutional buying. High volume on breakouts is a classic confirmation signal that increases the probability of continued upward movement.
Support & Resistance Levels:
- Major Resistance (Now Broken): ₹62-64 zone (horizontal red box)
- Next Major Resistance: ₹74-76 area (upper horizontal red line)
- New Support: ₹62-64 (previous resistance now becomes support)
- Strong Base Support: ₹54-56 (multiple green arrows showing successful tests)
Technical Patterns:
1. Triple Bottom: Multiple tests of the ₹54-56 support zone (marked with green arrows) showing strong accumulation
2. Range Breakout: Clear break above the 3-month consolidation range between ₹54 and ₹64
Trade Setup:
- Entry Point: ₹68-70 on any minor pullback today or tomorrow
- Stop Loss: ₹61.50 (just below the broken resistance zone)
- First Target: ₹74-76 (previous resistance level)
- Second Target: ₹84-86 (previous swing high from December)
- Final Target: ₹95 (measured move projection from the range breakout)
Risk Management:
- Position sizing: Maximum 2% of trading capital at risk
- Risk-Reward Ratio: Approximately 1:1.5 based on the entry and the second target.
- Trailing stop: Once price moves above ₹76, move stop loss to breakeven, then trail below each higher low
Additional Insights:
The stock has formed a solid base over three months with multiple tests of support around ₹54-56, allowing for accumulation before this explosive move. The prior downtrend appears to have been arrested, with higher lows forming since March. The breakout comes with exceptional volume confirmation, suggesting this isn't a false move but potentially the beginning of a new uptrend.
The prior resistance at ₹74-76 (horizontal red line at the top) will be critical; clearing this level would confirm a complete trend reversal and potentially lead to a test of the December 2024 highs near ₹84-86.
Traders should be vigilant about potential pullbacks to the breakout zone (₹62-64), which would provide ideal secondary entry opportunities with tighter stop losses. The exceptional volume and percentage gain indicate strong momentum that could carry prices significantly higher in the coming weeks.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FOLLOW for more
👍BOOST if you found it useful.
✍️COMMENT below with your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
TTML Smashes Resistance After 3-Month Base - The Perfect Breakout Trade Blueprint! Also made a Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Good Price and Volume action.Price Action Analysis:
TTML is currently experiencing a significant bullish move, trading at ₹69.09 with an impressive 18.65% gain (₹10.86). The stock has made a decisive breakout from a well-defined range that had contained prices since March 2025. Today's powerful green candle has cleanly broken above the resistance zone at ₹62-64, showing strong momentum and conviction from buyers.Volume Analysis:
The volume is exceptionally strong at 105.91M shares versus the average of 7.99M—over 13 times normal volume. This massive spike in participation confirms the legitimacy of the breakout and suggests institutional buying. High volume on breakouts is a classic confirmation signal that increases the probability of continued upward movement.
Support & Resistance Levels:
- Major Resistance (Now Broken): ₹62-64 zone (horizontal red box)
- Next Major Resistance: ₹74-76 area (upper horizontal red line)
- New Support: ₹62-64 (previous resistance now becomes support)
- Strong Base Support: ₹54-56 (multiple green arrows showing successful tests)
Technical Patterns:
1. Triple Bottom: Multiple tests of the ₹54-56 support zone (marked with green arrows) showing strong accumulation
2. Range Breakout: Clear break above the 3-month consolidation range between ₹54 and ₹64
Trade Setup:
- Entry Point: ₹68-70 on any minor pullback today or tomorrow
- Stop Loss: ₹61.50 (just below the broken resistance zone)
- First Target: ₹74-76 (previous resistance level)
- Second Target: ₹84-86 (previous swing high from December)
- Final Target: ₹95 (measured move projection from the range breakout)
Risk Management:
- Position sizing: Maximum 2% of trading capital at risk
- Risk-Reward Ratio: Approximately 1:1.5 based on the entry and the second target.
- Trailing stop: Once price moves above ₹76, move stop loss to breakeven, then trail below each higher low
Additional Insights:
The stock has formed a solid base over three months with multiple tests of support around ₹54-56, allowing for accumulation before this explosive move. The prior downtrend appears to have been arrested, with higher lows forming since March. The breakout comes with exceptional volume confirmation, suggesting this isn't a false move but potentially the beginning of a new uptrend.
The prior resistance at ₹74-76 (horizontal red line at the top) will be critical; clearing this level would confirm a complete trend reversal and potentially lead to a test of the December 2024 highs near ₹84-86.
Traders should be vigilant about potential pullbacks to the breakout zone (₹62-64), which would provide ideal secondary entry opportunities with tighter stop losses. The exceptional volume and percentage gain indicate strong momentum that could carry prices significantly higher in the coming weeks.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FOLLOW for more
👍BOOST if you found it useful.
✍️COMMENT below with your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
交易進行
First Target: ₹74-76 (previous resistance level) reached.Gave 15% Up Move Today, From Reco, Swing Traders Can Book.
Move the stop loss to breakeven.
註釋
16.5% From Reco.Made an Indecisive Doji.
Spill about the zone.
註釋
Inside Day註釋
Inside Day
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