NIPPON AMC – Steady Breakout with Accumulation | BTST to 3-Day I
CMP: ₹761.15
Trade Type: BTST / Short-Term Positional (3–4 Days)
Confidence Level: ⭐⭐⭐⭐½ (85–90%)
🧠 Technical Setup & Reasoning:
✅ Breakout from Ascending Channel: Price has broken out above the ₹755–758 zone, which acted as the upper boundary of a rising channel.
✅ Volume Expansion: Accumulation visible with steady volume on breakout candles — not a spike-based move, but healthy build-up.
✅ MACD: Bullish crossover in progress on the 1-hour and daily chart — indicating start of a short-term rally.
✅ RSI: RSI is climbing above 60 — sign of strength, yet not in overbought territory, allowing more room for upside.
✅ Sector Strength: Financial services and AMCs are seeing renewed interest with broader Nifty 500 inflows.
📊 Trade Levels
🎯 Target 1: ₹773
🎯 Target 2: ₹785
🚀 Stretch Target: ₹795+
🛑 Stop-Loss: ₹747 (closing basis)
📌 Why This Trade Has High Conviction
Fresh breakout from structured base
Consistent institutional-style volume on green candles
Technical indicators aligning for trend continuation
Positive sentiment in financial/AMC space post mid-cap flows
📌 Strategy:
Holding above ₹758–759 confirms strength
Trail SL to cost after crossing ₹770
Consider booking partial profit near ₹785 if market weakens
💬 Nippon AMC is quietly building momentum. A patient 3–4 day hold may reward well if it sustains above ₹760.
🧠 #NipponAMC #BreakoutTrade #BTST #SwingSetup #AssetManagement #Financials #VolumeAnalysis
Trade Type: BTST / Short-Term Positional (3–4 Days)
Confidence Level: ⭐⭐⭐⭐½ (85–90%)
🧠 Technical Setup & Reasoning:
✅ Breakout from Ascending Channel: Price has broken out above the ₹755–758 zone, which acted as the upper boundary of a rising channel.
✅ Volume Expansion: Accumulation visible with steady volume on breakout candles — not a spike-based move, but healthy build-up.
✅ MACD: Bullish crossover in progress on the 1-hour and daily chart — indicating start of a short-term rally.
✅ RSI: RSI is climbing above 60 — sign of strength, yet not in overbought territory, allowing more room for upside.
✅ Sector Strength: Financial services and AMCs are seeing renewed interest with broader Nifty 500 inflows.
📊 Trade Levels
🎯 Target 1: ₹773
🎯 Target 2: ₹785
🚀 Stretch Target: ₹795+
🛑 Stop-Loss: ₹747 (closing basis)
📌 Why This Trade Has High Conviction
Fresh breakout from structured base
Consistent institutional-style volume on green candles
Technical indicators aligning for trend continuation
Positive sentiment in financial/AMC space post mid-cap flows
📌 Strategy:
Holding above ₹758–759 confirms strength
Trail SL to cost after crossing ₹770
Consider booking partial profit near ₹785 if market weakens
💬 Nippon AMC is quietly building momentum. A patient 3–4 day hold may reward well if it sustains above ₹760.
🧠 #NipponAMC #BreakoutTrade #BTST #SwingSetup #AssetManagement #Financials #VolumeAnalysis
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.