Top Technical Trade Setups for May 30, 2025: Cash, Options & Pattern Breakouts
By CapitalKeeper | Trading Signal | Market Moves That Matter
As the Indian stock market continues to show sectoral strength and technical setups across various indices, traders and investors are seeking the right entry points with solid technical backing. CapitalKeeper presents today’s top swing and options trade setups, focusing on RSI, MACD, chart structures, and price action behavior.
🔵 1. SBIN 800 CE (June Expiry) @ ₹22.50
Trade Type: Option
- 📈 Buy @ ₹22.50
- 🛑 Stop Loss: ₹15
- 🎯 Targets: ₹29 / ₹36 / ₹42
Technical View: Strong OI buildup and positive crossover on MACD. RSI is above 60 with momentum. Look for support at 790.
🟡 2. MGL (Cash Trade) CMP ₹1396
Strategy:
- ✅ Buy 40% at CMP
- 🔁 Add More Near ₹1350
- 🛑 Stop Loss: ₹1310
- 🎯 Targets: ₹1500 / ₹1550 / ₹1690
Technical Insight: RSI rising from 50 zones. MACD showing bullish histogram development. Strong support from 20 EMA.
🟠
3. MGL June 1440 CE @ ₹31
- 📊 Buy Option CE
- 🛑 Stop Loss: CMP Below ₹1350
- 🎯 Targets: ₹1440 / ₹1500
Outlook: Option chain suggests breakout momentum, especially with Crude cooling off and favoring gas distributors.
🔴
4. Indo Amines CMP ₹143
Strategy:
- ✅ Buy 40% at CMP
- 🔁 Add More Near ₹127
- 🛑 Stop Loss: ₹115
- 🎯 Targets: ₹175 / ₹195 / ₹235
Technical Outlook: Bullish consolidation breakout. RSI at 63, MACD has given fresh crossover.
🔵
5. STAR CMP ₹781
Trade Insight:
- ✅ Watch for Trendline Breakout with Heavy Volume
- 🛑 Supports at ₹725-740
- Short-Term Target: ₹850+
Bonus Technical Breakouts:
🔹 ITC (CMP ₹436+)
- ⚡ Breakout Above: ₹440.70
- 🎯 Targets: ₹488 / ₹510 / ₹538
- 🛑 Invalid Below: ₹414
Note: RSI breakout + MACD strengthening.
🔹 INDIAN BANK
- ⚡ Breakout Zone: ₹596
- 🎯 PRZ: ₹619 / ₹623 / ₹638
- 🛑 Invalid Below: ₹575
Setup: Bullish Rectangle + MACD Crossover.
🔸 PUNJAB & SIND BANK
- 🐻 Past Wolfe Wave Target Met
- 🦋 Now Formed: Bullish Bat + Wolfe Wave
- ✅ Reversal Above: ₹33
- 🎯 Targets: ₹66 / ₹74
- 🛑 Invalid Below: ₹25
🔸 UCO BANK
- 📊 Patterns: Bullish Wolfe Wave + Gartley
- ✅ Reversal Above: ₹33
- 🎯 Targets: ₹60 / ₹67
- 🛑 Invalid Below: ₹25
🔵 BLUE STAR
- 📉 Buy at: ₹1579
- 🛑 Add at: ₹1415
- 🎯 Targets: ₹1991 / ₹2076 / ₹2513
- ❌ Stop Loss: ₹1355
Pattern: Strong weekly breakout with RSI & MACD confirmation.
💹 Penny & Midcap Swing Picks:
🔹 INFIBEAM @ ₹20
- 🎯 Targets: ₹26 / ₹29
- 🛑 Stop Loss: ₹16.80
🔹 FINPIPE @ ₹218
- 🔁 Add at ₹195 / ₹180
- 🎯 Targets: ₹248 / ₹278 / ₹320 / ₹350
- 🛑 Stop Loss: ₹160
🔹 IFCI @ ₹67
- 🎯 Targets: ₹100 / ₹123
- 🛑 Stop Loss: ₹50
📈 Summary
This list combines breakout trades, pattern-based setups, and technical support/resistance logic. Monitor volume spikes, MACD/RSI divergence, and keep a close watch on global cues and crude/dollar index trends.
📢 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.
All views and opinions expressed are personal and do not reflect the official policy or position of any agency or organization. Past performance is not indicative of future results.
By using this website, you agree to the terms of this disclaimer.
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and subscribe to our newsletter!
Leave a Reply