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RAMAPHO Price Action Rama Phosphates Ltd (RAMAPHO) closed at ₹168.05 on October 17, 2025, down 4% for the day, with a market cap of about ₹595 crore. The stock has seen a 52-week high of ₹188.90 (October 2025) and a low of ₹80.85 (March 2025), maintaining high volatility with a 20% daily price band set by the exchange. Recent trading volumes remain strong, with 380,240 shares traded and a value of ₹6.39 crore on the latest trading day. The September 2025 quarter results showed net sales of ₹245.93 crore and a net profit of ₹17.28 crore, translating to an EPS of 4.88, indicating continued operational strength. Technically, RAMAPHO has corrected from recent all-time highs but is backed by strong fundamentals—a TTM P/E of 14.09, P/B of 1.64, and a return on equity (ROE) of 4.72%. Comparisons with sector peers suggest the stock remains attractively valued relative to its earnings and book value, and optimism holds among some market watchers for medium-term upside toward the ₹500 level if earnings growth sustains. Dividend activity and bulk deals in recent weeks have contributed to price swings, and investors should watch for ex-dividend dates and upcoming financial announcements for additional momentum triggers.
NSE:RAMAPHOLong
by KamalKJoshi
SENSEX Structure Analysis & Trade Plan: 2025-10-20 1. Market Structure Analysis (Top-Down Breakdown) 4-Hour Chart (4H - Higher Timeframe/Bias): Structure: The SENSEX is displaying a powerful, accelerating Strong Uptrend, similar to the Nifty and Bank Nifty. The chart clearly shows the price has broken out of the consolidation range that existed since the 13th, confirming a decisive Break of Structure (BOS) to the upside. The trend is vertical and indicates sustained institutional buying. Bias: Strong Bullish. Dips are opportunities to join the move. POI Focus: The aggressive move up from the 82,500 area has left a clear Fair Value Gap (FVG) and an Order Block (OB), which will serve as our primary entry zones on a pullback. 1-Hour Chart (1H - Intermediate Structure/Pullback): Structure: The 1H chart shows price action moving well within a clearly defined ascending channel, hugging the upper band. This indicates momentum dominance but also flags a potential need for a corrective move back toward the channel's center or the lower band. Key MSS Zone: The strongest demand originates from the recent breakout zone. The primary demand area is defined by the channel's lower boundary and the last strong FVG. Entry POI: The major demand zone is centered around 82,500 - 82,750, coinciding with the recent bullish breakout and the FVG. 15-Minute Chart (15M - Execution Structure): Structure: The 15M chart is trending very cleanly along its short-term moving average (EMA), confirming the intraday bullish flow. We will use this timeframe to watch for a minor structural shift that signals the end of a pullback. Critical Invalidating Low: The low that must hold to keep the immediate trend intact is the channel support near 83,500. 2. Key Levels and Points of Interest (POI) Immediate Resistance / Target Zone: 84,500 (Next major psychological hurdle and the upper boundary of the current channel). The all-time high is around 85,978 (from Sep 2024). Primary Demand Zone (POI / FVG): 82,500 - 82,750 (Highest probability zone for a reversal and continuation of the uptrend). Critical Invalidating Low (Major Bearish MSS): 82,300 (A close below this level would trigger a large Bearish MSS). 3. Trade Setup: Bullish MSS Reversal (Primary Plan - Buy the Dip) This is the recommended high-probability setup for Monday, aligning with the dominant bullish flow. Scenario: Price retraces into the Primary Demand Zone (POI) of 82,500 - 82,750. Entry Zone: Wait for the price to drop into the 82,500 - 82,750 FVG/Demand region. Entry Trigger: Once price is inside the POI, switch to a lower timeframe (5M/1M) and wait for a clear Bullish MSS (break of the last minor lower high) with a strong candle close. Execute a Long (Buy) trade on this entry confirmation. Stop-Loss (SL): Place the stop-loss order safely below the demand zone at approximately 82,450. Take-Profit (TP): T1: Target the upper channel resistance at 84,500. T2: Trail for a move toward 85,000. 4. Contingency Plan: Bearish MSS (Trend Flip/Aggressive Short) This plan is only for an outright failure of the structural support. MSS Confirmation: A decisive Bearish MSS is confirmed if the SENSEX breaks and sustains a close below the Critical Low of 82,300 on the 15-minute or 1-hour chart with displacement. Entry Trigger: Execute a Short (Sell) trade on the retest (pullback) to the broken 82,300 level (which would act as new resistance/supply). Stop-Loss (SL): Place the stop-loss order above the new resistance zone, around 82,600. Take-Profit (TP): Target the next major support levels: 81,750 and 81,500.
BSE:SENSEXLong
by BhardwajVipin
Bank Nifty Structure Analysis & Trade Plan: 2025-10-20 1. Market Structure Analysis (Top-Down Breakdown) 4-Hour Chart (4H - Higher Timeframe/Bias): Structure: The Bank Nifty is in a Strong, Vertical Uptrend, continuously making Higher Highs and Higher Lows inside a steep ascending channel. The last move was a decisive Break of Structure (BOS) to a new all-time high. This confirms that the institutional order flow is strongly bullish. Bias: Strong Bullish. Maintain a "buy-on-dips" approach. POI Focus: The area just below the current price around 57,200 marks the last clear Fair Value Gap (FVG) and Order Block (OB) created by the aggressive move on the 16th and 17th. This FVG area is the high-probability target for a safe entry. 1-Hour Chart (1H - Intermediate Structure/Pullback): Structure: The 1H chart shows price consolidating near the upper boundary of the channel after making the new high. This consolidation suggests a pause before either the next move up or a retracement to clear inefficiencies. Entry POI: The area of 57,000 - 57,250 aligns with the lower boundary of the immediate ascending channel and a prior swing high/FVG, confirming this as a strong short-term Demand Zone. 15-Minute Chart (15M - Execution Structure): Structure: The 15M chart clearly shows the current short-term range bound movement near the top. We will use this timeframe to confirm that any bearish move is only a pullback and to find the precise entry trigger based on a localized MSS. Critical Invalidating Low: The primary protection for the immediate rally is the swing low around 56,800. 2. Key Levels and Points of Interest (POI) Immediate Resistance / Target Zone: 58,000 (Psychological target and extension level). A decisive break above this targets 58,500 - 59,000. Primary Demand Zone (POI / FVG): 57,000 - 57,250 (The highest probability zone for a reversal and continuation of the uptrend). Critical Invalidating Low (Major Bearish MSS): 56,500 (A sustained close below this would signal a major Bearish MSS and shift the bias to short). 3. Trade Setup: Bullish MSS Reversal (Primary Plan - Buy the Dip) This setup offers the best risk-to-reward ratio in the current environment. Scenario: Price retraces to the Primary Demand Zone (POI) after the weekend/Monday open. Entry Zone: Wait for the pullback into the 57,000 - 57,250 region. Entry Trigger: Once price enters the POI, switch to a lower timeframe (5M/1M) and wait for a clear Bullish MSS (break of the last minor lower high) with a strong candle close. Execute a Long (Buy) trade on this entry confirmation. Stop-Loss (SL): Place the stop-loss order safely below the demand zone and channel support, around 56,900. Take-Profit (TP): T1: Target the psychological level at 58,000. T2: Trail for 58,500. 4. Contingency Plan: Bearish MSS (Trend Flip/Aggressive Short) This high-risk plan is for a failure of the current uptrend. MSS Confirmation: A decisive Bearish MSS is confirmed if the Bank Nifty breaks and sustains a close below the Critical Low of 56,500 on the 15-minute or 1-hour chart with displacement. Entry Trigger: Execute a Short (Sell) trade on the retest (pullback) to the broken 56,500 level (now new resistance/supply). Stop-Loss (SL): Place the stop-loss order above the new supply zone, around 56,700. Take-Profit (TP): Target the next major support levels: 56,200 and 56,000 (Psychological support).
NSE:BANKNIFTYLong
by BhardwajVipin
Nifty Structure Analysis & Trade Plan: 2025-10-201. Market Structure Analysis (Top-Down) Higher Timeframe (4H / Daily) Bias: The Nifty 50 is in a Strong Bullish Trend. The recent price action confirms a continuation, with the index decisively making a Higher High on Friday. The institutional bias is clearly to the long side, meaning the highest probability trades will be Buys. We are currently in an Overbought condition, so a pullback is healthy and expected before the next leg up. Immediate Structure (1H / 15M): The strong rally has left significant Fair Value Gaps (FVG), which function as institutional magnets or price inefficiency areas that the market tends to revisit. We will use these FVG zones as our Points of Interest (POI) for low-risk entries. Current MSS Status: There is NO Market Structure Shift (MSS) to the downside. The structure remains bullish. A bearish MSS would only be confirmed if the price breaks below a major swing low with displacement. 2. Key Levels and Points of Interest (POI) Immediate Resistance / Target Zone: The area between 25,800 and 26,000 contains the next psychological barrier and liquidity zone before the all-time high. This will be our primary profit-taking zone for long trades. Primary Demand Zone (POI / FVG): The critical area for a pullback entry is between 25,400 and 25,500. This zone aligns with the first major FVG created during the strong impulse move and should attract institutional buying. Critical Invalidating Low: The major swing low that protects the current uptrend is 25,250. 3. Trade Setup: Bullish MSS Reversal (Primary Plan - Buy the Dip) This setup targets a continuation of the primary trend following a retracement to an institutional POI. Scenario: Price opens or retraces into our Primary Demand Zone (25,400 - 25,500). Entry Zone: Wait for the price to drop into the 25,400 to 25,500 region. Entry Trigger: On the lower timeframe (e.g., 5-minute chart), wait for the price to show a rejection or confirm a local Bullish MSS (break of the internal lower high) inside the 25,400 - 25,500 zone. Execute a Long (Buy) trade on this confirmation. Stop-Loss (SL): Place the stop-loss order safely below the demand zone at approximately 25,380. Take-Profit (TP): T1: Target the recent high at 25,750. T2: Target the next major psychological level at 26,000. 4. Contingency Plan: Bearish MSS (High-Risk Reversal) This plan is for a major structural shift that confirms the bullish trend is over. MSS Confirmation: The Nifty breaks and sustains a close below the Critical Low of 25,250 on the 15-minute or 1-hour chart with a strong displacement. This is a definitive Bearish MSS. Entry Trigger: Execute a Short (Sell) trade on the retest (pullback) to the broken 25,250 level (which now acts as new resistance). Stop-Loss (SL): Place the stop-loss order above the new supply zone, around 25,350. Take-Profit (TP): Target the next major support levels: 25,100 and 25,000 (Psychological support).
NSE:NIFTYLong
by BhardwajVipin
Crypto Trading Feels Like a Game – But It’s a Psychological War!Hello Traders! Let’s be honest, trading crypto feels thrilling. Charts move fast, screens flash green and red, and every click feels like a win or loss in a video game. But the truth is, this isn’t a game. It’s a psychological war , against greed, fear, and your own impulses. Only those who master their minds survive long enough to win the real rewards. 1. The Illusion of Control In games, you control the outcome, skill equals victory. In trading, you control only your actions not the result. Many traders lose because they think they can “beat” the market like a boss level. You can’t control outcomes, but you can control decisions. That’s where real skill begins. 2. Emotional Triggers Are the Real Opponents Greed makes you overtrade. Fear makes you exit early. Ego makes you hold losses longer than you should. Every emotional decision takes you one step further from rational trading. The market punishes impatience, not intelligence. 3. The Endless Loop of Dopamine Winning a trade releases dopamine, the same chemical that games and gambling use to keep you hooked. This is why traders often feel “addicted” even when losing. The key is not avoiding dopamine, but managing it through discipline and routine. 4. How to Turn the Game Into a Profession Set clear rules and stick to them like a professional athlete follows training. Don’t chase trades, wait for setups that fit your plan. Detach emotions from results. Treat losses as tuition fees, not failures. When you start thinking like a risk manager instead of a gamer, everything changes. Rahul’s Tip: The market doesn’t reward excitement, it rewards patience and control. Every trader is fighting the same battle, but only those who master psychology turn chaos into consistency. Conclusion: Crypto trading might look like a game with flashing charts and instant rewards, but in reality, it’s a war within yourself. Winning here isn’t about beating others, it’s about mastering your reactions when emotions take over. If this post gave you a reality check, like it, share your thoughts in comments, and follow for more deep trading psychology lessons!
CRYPTO:BTCUSDEducation
by TraderRahulPal
2
MSTCLTD Price ActionMSTC Limited (MSTCLTD) is currently trading in the ₹511–₹544 range, having closed around ₹543 on October 16, 2025. The stock recently rebounded over 5% within two sessions after experiencing a multi-day decline. Typical intraday volatility fluctuates between 2% and 3%. Short-term technical indicators are mixed, with daily moving averages showing mild bearishness, while weekly momentum indicators are turning slightly bullish. On a monthly basis, trend signals remain bearish and Bollinger Bands suggest mild negative pressure over broader timeframes. Key support is noted near ₹540, immediate resistance is around ₹548, and there is major volume support at approximately ₹540.5. If the price breaks below ₹518, it may invite further declines; conversely, moving above ₹548–₹551 could enable a rally toward ₹560 or higher. Fundamentally, MSTC is a small-cap company with a market capitalization just under ₹3,850 crore. Latest financials show flat sales and subdued long-term growth, though multi-year returns have outperformed benchmark indices over three and five years. Current share price trades at a substantial premium to its estimated intrinsic value, resulting in a stretched valuation compared to historical averages. The company maintains consistent dividend payouts, with the latest declared at ₹4.5 per share in April 2025. Overall, MSTCLTD is showing short-term optimism due to a price rebound, but technical setups and high valuations suggest caution. Sustained upward movement will depend on fundamental improvement and supportive broader market conditions.
NSE:MSTCLTDLong
by KamalKJoshi
Sensex Structure Analysis & Trade Plan: 17th OctoberBased on the charts and the market's performance on Thursday, October 16, the Sensex experienced a dramatic bullish breakout, surging to a 4-week high and confirming the continuation of its primary uptrend. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Sensex is in a high-conviction bullish trend. The price has decisively broken out above the major supply zone of 82,300 - 82,500 and is now trading aggressively towards its next major target. The structure is a clear ascending channel, with strong bullish momentum evident across the chart. Key Levels: Major Supply (Resistance): 83,600. This area aligns with the upper boundary of the steep ascending channel and a strong resistance line. Major Demand (Support): 82,400 - 82,600. This area, which includes the previous resistance and a key FVG (Fair Value Gap), is the new must-hold demand zone for the bulls. Outlook: The short-term bias is aggressively bullish. The market is poised to challenge the 83,600 level and potentially move higher. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Break of Structure (BOS) to the upside. The price is trading strongly within a well-defined ascending channel. The close suggests very strong buyer conviction. Key Levels: Immediate Resistance: 83,600. Immediate Support: 83,000 (Psychological level and the lower trendline of the channel). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the powerful bullish momentum. The market closed right below the day's high after a brief rejection at the top of the channel. The structure suggests immediate follow-through strength is likely. Key Levels: Intraday Supply: 83,600. Intraday Demand: 83,200 (Recent consolidation zone). Outlook: Aggressively Bullish. 📈 Trade Plan (Friday, 17th October) Market Outlook: The Sensex is displaying aggressive momentum, led by private banks and financial services. The primary strategy will be to buy on continuation. Bullish Scenario (Primary Plan) Justification: The strong breakout and close above the 82,600 zone favor continuation. The next major target is the upper channel boundary. Entry: Long entry on a decisive break and 15-minute candle close above 83,600. Alternatively, look for a dip entry near 83,200 - 83,300 (the immediate support zone). Stop Loss (SL): Place a stop loss below 82,900 (below the lower channel trendline). Targets: T1: 83,850 (Extension target). T2: 84,200 (Next resistance). Bearish Scenario (Counter-Trend Plan) Justification: High-risk. Only valid if sharp profit booking occurs, potentially triggered by mixed IT earnings or unexpected news. Trigger: A decisive break and 1-hour candle close below 82,600. Entry: Short entry below 82,600. Stop Loss (SL): Above 82,900. Targets: T1: 82,300 (Major FVG support). T2: 82,000 (Psychological support). Key Levels for Observation: Immediate Decision Point: 83,200 - 83,600 zone. Bullish Confirmation: A break and sustained move above 83,600. Bearish Warning: A move below 83,000 suggests the rally is failing. Major Event: Infosys, LTIMindtree, Wipro Q2 Results (will influence overall sentiment). Line in the Sand: 82,600. Below this level, the short-term bullish bias is nullified. Watch the following video for a Bank Nifty and Nifty outlook: Nifty targeting 25,800 amid strong Q2 numbers; SBI, Shriram Finance among top picks
BSE:SENSEXLong
by BhardwajVipin
Sensex Structure Analysis & Trade Plan: 17th OctoberBased on the charts and the market's performance on Thursday, October 16, the Bank Nifty experienced an extremely strong bullish breakout, confirming the continuation of its primary uptrend and putting the all-time high in sight. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is in a high-conviction bullish trend. The price has decisively broken out above the major supply zone of 56,700 - 57,000 and is now moving aggressively toward the historical all-time high zone. The large bullish candle on the 4H chart confirms that the consolidation phase is over, and the market is in a momentum-driven rally. Key Levels: Major Supply (Resistance): 57,500 - 57,750. This area represents the previous all-time high zone and is the immediate target. Major Demand (Support): 56,700 - 57,000. This area, which was the critical resistance, is now the new must-hold demand zone for the bulls. Outlook: The short-term bias is aggressively bullish. The market is poised to challenge and potentially surpass its all-time high. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Break of Structure (BOS) on the upside and the resumption of the primary steep ascending channel. The price made a strong move, leaving behind a small FVG (Fair Value Gap) in the 57,000 - 57,200 region, which could act as a bounce-back zone. Key Levels: Immediate Resistance: 57,500 (Upper channel trendline/ATH attempt). Immediate Support: 57,200 (Upper boundary of the FVG/consolidation). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the powerful bullish momentum. The price closed near the top of the steep ascending channel. There are no signs of weakness at the close, suggesting continuation is likely. Key Levels: Intraday Supply: 57,500 - 57,600. Intraday Demand: 57,200. Outlook: Aggressively Bullish. 📈 Trade Plan (Friday, 17th October) Market Outlook: The Bank Nifty is displaying aggressive momentum and is on a clear trajectory toward the all-time high. The primary strategy remains buy on dips. Bullish Scenario (Primary Plan) Justification: The market is technically strong and leading the rally. Strong buying is expected to continue until the ATH zone is reached. Entry: Long entry on a decisive break and 15-minute candle close above 57,600 (a sustained break of ATH) OR look for a dip entry near 57,200 (the immediate FVG/demand zone). Stop Loss (SL): Place a stop loss below 56,900 (below the major breakout level). Targets: T1: 57,750 (New historical high). T2: 58,000 (Psychological target). Bearish Scenario (Counter-Trend Plan) Justification: High-risk. Only valid if the rally fails dramatically after hitting the ATH zone or if major unexpected news hits. Trigger: A decisive break and 1-hour candle close below 56,700. Entry: Short entry below 56,700. Stop Loss (SL): Above 57,000. Targets: T1: 56,400 (Previous resistance, now support). T2: 56,200 (Lower channel support). Key Levels for Observation: Immediate Decision Point: 57,200 - 57,600 zone. Bullish Confirmation: A break and sustained move above 57,600. Bearish Warning: A move below 56,900 suggests a major reversal. Line in the Sand: 56,700. Below this level, the short-term bullish momentum is lost.
NSE:BANKNIFTYLong
by BhardwajVipin
Nfity Structure Analysis & Trade Plan: 17th OctoberBased on the charts and the market's performance on Thursday, October 16, the Nifty experienced a powerful breakout, crossing the major resistance zone and closing near the day's high. The structure is now firmly bullish and aiming for higher targets. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Nifty is now in a strong momentum phase. The price has decisively broken out above the 25,300 - 25,400 major supply zone, confirming the continuation of the bullish recovery. The candle has broken out of the ascending channel and is trading at levels not seen since the high in September. Key Levels: Major Supply (Resistance): 25,650 - 25,750. This area is the next significant resistance zone, aligning with the extended trendline (as seen on the 4H chart) and previous swing highs. Major Demand (Support): 25,300 - 25,400. This area, which was the critical resistance zone, is now the new must-hold demand zone for the bulls. Outlook: The short-term bias is strongly bullish. The rally is aggressive and the next target is near the 25,700 level. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows an exceptionally strong day, with the price making higher highs and higher lows and closing near the top. The bullish conviction is very high. The recent correction on Oct 14 was efficiently bought up at the FVG. Key Levels: Immediate Resistance: 25,650 (Upper channel trendline). Immediate Support: 25,480 - 25,500 (Recent consolidation support and lower channel trendline). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the powerful bullish momentum. The market consolidated around 25,450 and then broke out aggressively, closing at the day's high. The structure is a clear uptrend continuation. Key Levels: Intraday Supply: 25,650. Intraday Demand: 25,480 - 25,500. Outlook: Aggressively Bullish. 📈 Trade Plan (Friday, 17th October) Market Outlook: The Nifty is in a high-conviction bullish trend. The market is also digesting Q2 results from IT majors (Infosys, Wipro, LTIMindtree). The primary strategy will be to buy on dips for continuation. Bullish Scenario (Primary Plan) Justification: The strong breakout and close above 25,300 - 25,400 strongly favor continuation towards the next major resistance. Entry: Long entry on a decisive break and 15-minute candle close above 25,650 (breaking the upper channel). Alternatively, look for a dip entry near 25,480 - 25,500 (the immediate support/FVG zone). Stop Loss (SL): Place a stop loss below 25,400 (below the major breakout level). Targets: T1: 25,750 (Extension target). T2: 25,850 (Major weekly resistance). Bearish Scenario (Counter-Trend Plan) Justification: Only valid if a sharp sell-off occurs, likely due to unexpected negative global news or disappointing market reaction to the full suite of IT earnings. Trigger: A decisive break and 1-hour candle close below 25,300. Entry: Short entry below 25,300. Stop Loss (SL): Above 25,450. Targets: T1: 25,150 (Previous consolidation support). T2: 25,000 (Psychological support). Key Levels for Observation: Immediate Decision Point: 25,500 - 25,650 zone. Bullish Confirmation: A break and sustained move above 25,650. Bearish Warning: A move below 25,450 suggests profit-booking is aggressive. Line in the Sand: 25,300. Below this level, the short-term bullish momentum is lost. Time Cluster: Friday, Oct 17 is projected as a key time cluster for heightened momentum.
NSE:NIFTYLong
by BhardwajVipin
Sensex Expiry Day Intraday Setup (16/10/2025) | 15-min TFHey traders! 👋 With today being the monthly expiry, we're set for some volatile moves. Here’s a clean price-action plan for the session based on the 15-minute chart. The Big Picture: All eyes are on the 82,400 level! This isn't just any level; it's the absolute battle zone for today. The price reaction here will give us our directional bias. 🎯 The Two Trading Scenarios: 🟢 BULLISH SCENARIO: The Defensive Bounce What to Watch For: Price dips to 82,400 and forms a clear Bullish Hammer 🛎 candle, showing rejection and buyer strength. The Trigger: Wait for a GREEN candle to close above the high of that hammer. The Trade: Action: Go LONG. Initial Target: 82,700 Upside Bonus: If we also get a breakout and close above the white descending trendline, the next target is 83,078! 🚀 🔴 BEARISH SCENARIO: The Breakdown What to Watch For: Price slices through 82,400 with a strong Thick Red Marubozu 📉 candle (big red body, tiny wicks). This shows powerful selling pressure. The Trigger: Wait for the next candle to confirm the break by trading below the Marubozu's low. The Trade: Action: Go SHORT. Target: 81,780 Final Word & Risk Management 🛡️ Patience is Key: Do not jump the gun! Wait for the clear confirmation candle after the initial signal. Protect Your Capital: Always use a stop loss. For longs, place it below the swing low; for shorts, above the swing high. This is Intraday: Manage your trade actively and don't carry this setup overnight. Trade the plan, and let the price do the talking! 👍 Disclaimer: This is purely educational and based on price action. You are responsible for your own trades.
BSE:SENSEX
by Alert_Trader
Simple Interpretation of Volume Footprint ChartsVolume footprint charts can be called as 'the eyes and ears' of the market. They truly reveal where the big orders are getting executed, the outcome of those orders and the possible future course of action. To keep things simple, we may breakdown volume footprint charts with just two interpretations: ↳ Buyers may be interested in higher prices Big orders and good bullish candle close or long wick at the bottom with higher close. ↳ Sellers may be interested in lower prices Big orders and a bearish candle close or long wick at the top with lower close. We can apply this interpretation to the key levels in the market to see which side is strong- buyers or sellers? In this little backdrop, let's discuss the above chart. It's a 2days chart of BPCL (I did that to accommodate more price action). On a simple candlestick chart, you would see a breakout retest of 331 and the price is holding- giving a nice pullback trade if you missed the breakout trade. However, footprint chart gives us more information about what is happening where. First of all, the stock struggled near 331 resistance level even when the volumes were higher. Finally, it swept below a day low and broke out of resistance with good volumes. Now what happened after the breakout of 331 blue resistance line? Big-big orders were there but no good result. Hardly any candle with strong closing after the BO candle. This only means that sellers were active in the zone. Then the price broke the 8-session low and notice big orders 2.74M and 3.52M at the break in the second last candle on the right. That's good for sellers, right? But the big boys who were buying before or near the BO of 331 are now trying to protect their positions and hence the retest holds. We have big orders in the same area- 3.33M, 4.75M and 2.94M shares traded though there is still one more day for this candle to close. We will get more information on it tomorrow. If the price rallies from here, surely those who were selling in the 340-350 zone will try to protect their positions too and the ride may not be that smooth. More updates in the coming days. This way footprint charts give more confidence if you are in a trade. It gives you a reason to enter or hold a trade. Many times, keeping things simple works best in trading. Clear and straightforward analysis without extra indicators can give the good results. But do you know one thing? Every setup or edge works with a good position management and trade management. Otherwise, the best of the best trade may end up in a loss. Trade safe, stay healthy. Disclaimer: I don't have any position in this stock, and this is not a buy sell recommendation. This post is just for educational purpose.
NSE:BPCL
by Bravetotrade
6
Sensex Structure Analysis & Trade Plan: 16th OctoberBased on the charts and the market's performance on Wednesday, October 15, the Sensex experienced a strong bullish continuation and is positioned to re-challenge the recent high. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Sensex has confirmed a strong bullish trend resumption, breaking out of the corrective descending channel that formed last week. The price is now trading within a clear ascending channel and has closed right below the immediate overhead supply. Key Levels: Major Supply (Resistance): 82,700 - 82,900. This area is the critical hurdle, aligning with the upper channel trendline and the recent swing high. A decisive breakout here is needed to target 83,000 and beyond. Major Demand (Support): 82,000 - 82,200. This area, which includes the lower trendline of the ascending channel and the psychological 82,000 mark, is the must-hold zone for the continuation of the rally. Outlook: The short-term bias is strongly bullish. The market is poised to challenge the 82,700 - 82,900 resistance band. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Break of Structure (BOS) on the upside, as the price broke the resistance trendline and the immediate swing high. The index is strongly in an ascending channel, confirming buyer conviction. Key Levels: Immediate Resistance: 82,800. Immediate Support: 82,300 (Recent swing low/consolidation zone). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the strong bullish momentum. The market has closed right at the 82,600 level, after successfully defending the 82,000 support. It is currently consolidating in a small bullish flag pattern at the top of the channel. Key Levels: Intraday Supply: 82,800. Intraday Demand: 82,400. Outlook: Strongly Bullish. 📈 Trade Plan (Thursday, 16th October) Market Outlook: The Sensex is displaying strong bullish momentum and is positioned for a breakout towards new highs. The primary strategy will be to buy on continuation. Bullish Scenario (Primary Plan) Justification: The market has confirmed a strong bullish reversal and is trading near the upper resistance band. Continuation is expected. Entry: Long entry on a decisive break and 15-minute candle close above 82,800. Alternatively, look for a dip entry near 82,400 (the immediate support/FVG zone). Stop Loss (SL): Place a stop loss below 82,200 (below the lower channel trendline). Targets: T1: 83,000 (Psychological target). T2: 83,300 (Extension target). Bearish Scenario (Counter-Trend Plan) Justification: Only valid if there is sharp profit booking or disappointing Infosys/Wipro/LTIMindtree Q2 results that causes the price to break the bullish structure. Trigger: A decisive break and 1-hour candle close below 82,000. Entry: Short entry below 82,000. Stop Loss (SL): Above 82,300. Targets: T1: 81,800 (Major FVG support). T2: 81,600 (Next major demand zone). Key Levels for Observation: Immediate Decision Point: 82,400 - 82,800 zone. Bullish Confirmation: A break and sustained move above 82,800. Bearish Warning: A move below 82,200 suggests the rally is failing. Major Event: Infosys, LTIMindtree, Wipro Q2 Results (will influence overall sentiment). Line in the Sand: 82,000. Below this level, the short-term bullish bias is nullified.
BSE:SENSEXLong
by BhardwajVipin
Banknifty Structure Analysis & Trade Plan: 16th October Based on the charts and the market's performance on Wednesday, October 15, the Bank Nifty experienced a strong, volatile session, successfully defending a key support and confirming the continuation of its short-term bullish trend. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is in a strong bullish uptrend. The market dipped sharply on Monday but found buying interest at the lower trendline of the ascending channel and the 55,800 - 56,000 demand zone. The strong bullish candle on Wednesday (Oct 15th) confirmed the Market Structure Shift (MSS) back to the upside, breaking the corrective trendline. Key Levels: Major Supply (Resistance): 57,000 - 57,200. This area is the immediate overhead hurdle, aligning with the upper trendline of the channel and the psychological 57,000 mark. Major Demand (Support): 56,200 - 56,400. This area includes the lower trendline of the ascending channel and a prior FVG (Fair Value Gap), serving as the must-hold zone for the continuation of the rally. Outlook: The short-term bias is strongly bullish. The market is poised to challenge the 57,000 resistance. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Break of Structure (BOS) on the upside. The price is trading within a steep ascending channel, having successfully retested and bounced off the lower channel trendline on the open. Key Levels: Immediate Resistance: 57,000. Immediate Support: 56,600 (Recent swing low and FVG support). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the strong bullish momentum. The market closed right at the upper end of its intraday range, and is currently consolidating in a small bullish flag pattern. The price is trading above the upper boundary of the previous corrective channel. Key Levels: Intraday Supply: 57,000. Intraday Demand: 56,600. Outlook: Strongly Bullish. 📈 Trade Plan (Thursday, 16th October) Market Outlook: The Bank Nifty is displaying strong bullish momentum and is positioned for a move toward the 57,000 psychological mark. The primary strategy will be to buy on continuation. Bullish Scenario (Primary Plan) Justification: The market has confirmed a strong reversal, and the sustained move within the ascending channel favors continuation toward the next major supply zone. Entry: Long entry on a decisive break and 15-minute candle close above 57,000. Alternatively, look for a dip entry near 56,600 - 56,700 (the immediate support/FVG zone). Stop Loss (SL): Place a stop loss below 56,400 (below the lower channel trendline). Targets: T1: 57,300 (Previous all-time high zone). T2: 57,600 (Extension target). Bearish Scenario (Counter-Trend Plan) Justification: Only valid if there is sharp profit booking or negative news that causes the price to break the bullish structure. Trigger: A decisive break and 1-hour candle close below 56,200. Entry: Short entry below 56,200. Stop Loss (SL): Above 56,500. Targets: T1: 55,800 (Major FVG support). T2: 55,400 (Major demand zone). Key Levels for Observation: Immediate Decision Point: 56,800 - 57,000 zone. Bullish Confirmation: A break and sustained move above 57,000. Bearish Warning: A move below 56,400 suggests the rally is failing. Major Event: Infosys, LTIMindtree, Wipro Q2 Results (will influence overall sentiment). Line in the Sand: 56,200. Below this level, the short-term bullish bias is nullified.
NSE:BANKNIFTYLong
by BhardwajVipin
Nifty Structure Analysis & Trade Plan: 16th OctoberBased on the charts and the market's performance on Wednesday, October 15, the Nifty experienced a strong rebound, successfully defending a crucial support level and confirming a resumption of the short-term bullish trend. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Nifty is firmly back in a bullish recovery phase. The price successfully defended the lower boundary of the steep ascending channel and the 25,050 support zone. The strong bullish candle on the 4H chart confirms that the correction seen on Monday/Tuesday was shallow and quickly bought up, reinforcing the overall uptrend. Key Levels: Major Supply (Resistance): 25,350 - 25,400. This area is the immediate overhead hurdle, aligning with the recent swing high. A decisive breakout here is needed to challenge the September high of 25,450. Major Demand (Support): 25,050 - 25,150. This area, which includes the lower boundary of the ascending channel and the 9-period EMA, is the must-hold zone for the continuation of the rally. Outlook: The short-term bias is strongly bullish. The market is poised to challenge the 25,400 resistance and attempt to test higher levels. 1-Hour Chart (Intermediate View) Structure: The 1H chart shows a clear Market Structure Shift (MSS) back to the upside. The price broke the immediate swing high after defending the 25,050 level. The index closed strongly within its ascending channel. Key Levels: Immediate Resistance: 25,400. Immediate Support: 25,250 (Recent consolidation zone and Order Block). 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the strong bullish momentum. The market closed with a small BOS on the upside, setting up for a bullish opening. The strong close suggests momentum is favorable for continuation. The price is trading within a bullish flag pattern. Key Levels: Intraday Supply: 25,400. Intraday Demand: 25,250. Outlook: Strongly Bullish. 📈 Trade Plan (Thursday, 16th October) Market Outlook: The Nifty has shown strong resilience and has resumed its short-term rally. The focus is on a move toward the 25,400 resistance. Infosys, LTIMindtree, and Wipro Q2 results are due today, which will heavily influence the market. Bullish Scenario (Primary Plan) Justification: The confirmed bullish reversal, the recapture of key moving averages, and the sustained ascent in the ascending channel favor continuation. Entry: Long entry on a decisive break and 15-minute candle close above 25,400. Alternatively, look for a dip entry near 25,250 (the immediate consolidation support). Stop Loss (SL): Place a stop loss below 25,180 (below the recent swing low/FVG). Targets: T1: 25,450 (Previous swing high/upper channel). T2: 25,550 - 25,600 (Next major target zone). Bearish Scenario (Counter-Trend Plan) Justification: Only valid if IT earnings disappoint heavily, leading to a breakdown of the short-term bullish structure. Trigger: A decisive break and 1-hour candle close below 25,000. Entry: Short entry below 25,000. Stop Loss (SL): Above 25,150. Targets: T1: 24,900 (Major FVG support). T2: 24,800 (Next support base). Key Levels for Observation: Immediate Decision Point: 25,250 - 25,400 zone. Bullish Confirmation: A break and sustained move above 25,400. Bearish Warning: A move below 25,180 suggests the bounce is failing. Major Event: Infosys, LTIMindtree, Wipro Q2 Results. Volatility in IT stocks will be key. Line in the Sand: 25,000. Below this level, the short-term bullish bias is nullified.
NSE:NIFTYLong
by BhardwajVipin
Deepak Nitrite Ltd: At a Crossroad After a Decade-long RallyTechnical Analysis Deepak Nitrite has experienced an extraordinary rally over the past decade—from below ₹100 to a peak near ₹3,000 in October 2021. The ₹3,000–₹3,200 zone has repeatedly acted as resistance, while the ₹1,700–₹1,800 range has served as a strong support zone. Currently, the stock trades around ₹1,760, hovering near that support. Lately, fundamentals have decelerated: after years of strong growth until ~2022, the company has faced negative year-on-year profits in recent periods. This makes the current technical zone even more critical: any push above ₹2,000 could reignite a rally, but entry should be confirmed with improving financials. Targets: Target 1: ₹2,300 Target 2: ₹2,600 Target 3: ₹3,000 If the ₹1,700–₹1,800 zone fails to hold, the bullish thesis would be invalidated—expect limited upside in that case. FY25 Financial Highlights (vs FY24 & FY23) Total Income: ₹8,282 Cr (↑ ~7.8% vs ₹7,682 Cr; ↑ ~8% vs ₹7,972 Cr) Total Expenses: ₹7,682 Cr (essentially flat vs FY24; declined vs FY23) Profit Before Tax: ₹953 Cr (↓ vs ₹1,102 Cr in FY24; ↓ vs ₹1,146 Cr in FY23) Profit After Tax: ₹697 Cr (↓ from ₹811 Cr in FY24 and ₹852 Cr in FY23) EPS: ₹51.12 (down from ₹59.45 in FY24 and ₹62.47 in FY23) 📌 Despite revenue growth, margins and net profits have contracted, under pressure from rising costs and operating inefficiencies. Fundamental Highlights The company has committed to a ₹8,500 Cr investment in PC resin/phenol capacity, aiming to vertically integrate and reduce dependency on external suppliers. FY25 saw an 8% rise in revenue, reaching ₹8,366 Cr. However, net profit dropped ~14% to ₹697 Cr due to cost pressures. Margins under stress: Gross margins compressed as input costs increased—impacting profitability despite revenue gains. Valuation & Sentiment: JM Financial continues to rate Deepak Nitrite as a Buy, keeping the target at ₹2,305 amid expectations of turnaround. Dividend & Financial Position: The company retains modest dividend payouts (~0.4% yield) with a payout ratio around 13%. Balance Sheet: In FY25, a significant jump in long-term debt to ₹1,267 Cr raised leverage risks vs prior years. Conclusion Deepak Nitrite is perched at a pivotal level. While its long-term technical setup still holds promise, recent financial trends introduce caution. A break above ₹2,000 with improving fundamentals could trigger new upside, but a failure of the ₹1,700–₹1,800 support zone would cast doubt on future growth. Disclaimer: tinyurl.com
NSE:DEEPAKNTR
by Alice Blue