Get started

Beyond Technical Analysis

JUBLFOOD Probable price actionBased on the recent price action for Jubilant FoodWorks Ltd (JUBLFOOD), the stock shows a bullish trend in the short term: 1. The stock closed at ₹670.5 on February 14, 2025, up 1.27% from the previous close. 2. JUBLFOOD has been in an uptrend since late January 2025, rising from ₹638.65 on January 27 to the current price of ₹670.50. 3. The stock has shown strong momentum, breaking above the ₹700 level in early January before a brief pullback. 4. Recent price action indicates a recovery from the pullback, with the stock forming higher lows and higher highs since February 12, 2025. 5. The stock is trading above its 50-day moving average of ₹699.307, suggesting bullish sentiment in the medium term. 6. Volume has been above average in recent sessions, with 4,032,606 shares traded on February 14, compared to the average volume of 2,001,293. 7. The stock is showing strength relative to its 52-week range, currently trading closer to its year high of ₹796.75 than its year low of ₹421.05. However, traders should note some potential resistance levels: 1. The stock may face resistance near the ₹700 level, which it failed to hold in early February. 2. The year high of ₹796.75 could act as a strong resistance if the uptrend continues. Overall, the price action suggests a bullish short-term outlook for JUBLFOOD.
NSE:JUBLFOODLong
by KarniKripaa
SHREECEM Price action analysisBased on the latest available data, the price action analysis for Shree Cement Ltd (SHREECEM) indicates a bullish trend in the short to medium term: 1. The stock is trading above its key moving averages, including the 5, 10, 20, 50, 100, and 200-day moving averages, suggesting strong upward momentum. 2. As of February 14, 2025, the stock was showing bullish signals for short-term, medium-term, and long-term investors. 3. The current price is significantly higher than the 200-day moving average of 26,081.26, indicating a sustained uptrend. 4. Recent price action has formed a cup and handle pattern on the daily chart, which is typically considered a bullish continuation pattern. 5. The stock has been in an uptrend since September 2023, breaking out of a sideways movement that had persisted since August 2022. However, it's important to note some potential caution signals: 1. As of January 21, 2025, there were indications of a possible short-term downtrend, with the price falling below the important level of 25,422.22. 2. The stock was trading below its short-term Volume Weighted Average Price (VWAP) of 25,264.61, suggesting some selling pressure. 3. Technical indicators like ADX and MACD were showing sell signals in the short term as of January 21, 2025. Given the conflicting signals between the January and February data, traders should closely monitor the stock for confirmation of the current trend and be aware of potential volatility.
NSE:SHREECEMLong
by KarniKripaa
Fibre/EURUSD ready to move higher...Hello traders! There is so much on the Daily chart of Fibre that points to obvious bullishness of the market that I could not place all of it on the chart. But I have marked what seemed crucial to be seen. Market has taken smooth lows of 15th, 16th, 17th, & 20th January, 2025 and strongly rejected from 1.02113 . Also, observe how 20th January's daily candle shifted the market structure . We're inside a Bullish breaker on the daily, supported by a daily ifvg (check how the market has respected the consequent encroachment of that gap perfectly). Things don't end here. DXY has broken the range to the downside with lower draws. Market symmetry is currently missing but Fibre should follow DXY soon. The draw and the targets for the weekly range have been marked on the chart. Equal highs is the low hanging fruit. Narrative is paramount when it comes to applying ICT concepts. That takes a lot of practice and time. Having said that, let's discuss when this idea will be marked as failed. 3 PDAs. If 3 PDAs fail on the daily timeframe, I'll not engage the market and wait for more feedback from the market. Have a wonderful and learning-oriented week. GLGT.
Long
by SatyajeetSahai
Mastering the Flag Chart Pattern for Profitable BreakoutsFlag Chart Pattern: A Key to Successful Breakouts Hello Traders! I hope you’re all doing well! Today, we’ll be taking a deep dive into the Flag Chart Pattern . This continuation pattern is a favorite for traders looking for a strong trend to follow. If you want to spot reliable breakouts, the Flag pattern is something you’ll want to master. It can help you ride strong trends and get in at the right moment after a brief consolidation. What is the Flag Pattern? The Flag Chart Pattern forms after a sharp price movement (the Flagpole ), followed by a brief consolidation period. The consolidation forms a rectangular or parallelogram shape, which is the Flag . Once the price breaks out of this consolidation, it often continues in the same direction as the initial Flagpole . In other words, the Flag Pattern signals that the market is taking a quick breather before continuing its strong momentum in the same direction. Key Characteristics of the Flag Pattern Flag Pole : The initial sharp price movement (either upward or downward), showing strong momentum. Flag : The consolidation phase that follows the pole, typically characterized by parallel trendlines, forming a rectangular or parallelogram shape. Breakout : The price breaks above (for a bullish pattern) or below (for a bearish pattern) the flag's upper or lower boundary, confirming the continuation of the trend. Volume Confirmation : Volume usually decreases during the consolidation (flag) phase, followed by a surge in volume at the breakout, which confirms the strength of the move. How to Trade the Flag Pattern Like a Pro Entry Point : The best time to enter is after the price breaks above the flag’s upper boundary (for bullish setups). Stop Loss : Place your stop loss just below the flag’s lower boundary or the most recent swing low, to minimize risk. Profit Target : For setting targets, measure the height of the flagpole and project that distance from the breakout point to set your profit target. Real-World Application: Dixon Technologies Case Study Looking at the Dixon Technologies chart, we can see a clear Flag Chart Pattern forming. After a sharp price increase (the flagpole ), the stock consolidated, creating the flag . Once the price broke out above the flag’s upper trendline, the price continued to rise, confirming the continuation of the uptrend. The expected target can be calculated using the flagpole’s height, projecting it from the breakout point. Conclusion The Flag Chart Pattern is one of the most reliable continuation patterns in technical analysis. By recognizing the flagpole , waiting for the breakout, and managing your risk effectively, you can increase the chances of a successful trade. Have you traded using the Flag pattern? Share your experiences in the comments below! Let’s learn together and keep improving our trading strategies!
NSE:DIXONEducation
by TraderRahulPal
1
Unlocking Breakouts with the Symmetrical Triangle PatternUnderstanding the Symmetrical Triangle Chart Pattern Hello Traders! Today, we’ll discuss one of the most powerful chart patterns used to predict breakout opportunities — the Symmetrical Triangle . This pattern is a sign of market consolidation, where price is moving within a narrowing range, and a breakout is expected once the price escapes from this converging trend. The Symmetrical Triangle consists of two trendlines: Ascending Trendline : Connecting the rising lows. Descending Trendline : Connecting the falling highs. Key Characteristics of the Symmetrical Triangle Pattern: Consolidation Period : The price moves between the two trendlines, showing decreasing volatility. Breakout : Once the price breaks above the upper trendline (ascending trendline) or below the lower trendline (descending trendline), it signals a strong trend continuation or reversal. Volume Analysis : Volume usually decreases during the consolidation phase, followed by a surge in volume during the breakout, confirming the direction. How to Trade the Symmetrical Triangle? Entry Point : After the breakout occurs (above the ascending trendline or below the descending trendline), enter the trade in the direction of the breakout. Stop Loss : Place a stop loss just below the breakout level to protect your position from false breakouts. Target : The target can be estimated by measuring the height of the triangle from the base and projecting that distance from the breakout point. Example of Symmetrical Triangle in Action In the Godfrey Phillips India chart , we can see a Symmetrical Triangle forming between 2021 and 2023. The price broke out of the pattern in late 2022, giving traders a strong upward momentum. Based on the measured move, the target was met after a clear breakout above the ascending trendline , which resulted in a price rise of 42.37%. Conclusion The Symmetrical Triangle is a reliable continuation pattern that provides great trading opportunities. Make sure to watch for volume confirmation during the breakout, and always use a stop loss to protect yourself from unexpected reversals. Happy Trading! 🚀📈
NSE:GODFRYPHLPEducation
by TraderRahulPal
3
Mastering the Intraday Sutra: An intraday trading strategyMastering the Intraday Sutra: A Professional Guide to Trading Indian Markets with Precision (Adapting Globex Strategy-Inspired Concepts to India’s Unique Trading Hours) Introduction The Intraday Sutra strategy is a systematic approach designed for India’s equity/futures markets, inspired by the principles of identifying key price levels (similar to the Globex "high/low" concept) but tailored to India’s fixed trading hours (9:15 AM – 3:30 PM). This strategy leverages prior-day price action, supply-demand zones, and disciplined risk management to capitalize on intraday opportunities. Below, we break down its components for clarity and repeatability. Strategy Overview 1. Core Instruments Indices: All indices Stocks: Nifty 50 constituents for alignment with index momentum 2. Ideal Time Frames 5-minute charts: For granular entry/exit precision. 15-minute charts: To filter noise and align with broader intraday trends. Key Levels: Prior-Day High/Low & Supply-Demand Zones 1. Plotting Prior-Day High (PDH) and Prior-Day Low (PDL) Purpose: These levels act as psychological benchmarks. Method: - Manually mark PDH/PDL on your chart. - Use Trading View indicators (e.g., “Previous Day High-Low”) for automation. 2. Identifying Supply-Demand Zones -Supply Zone: - Formation: Rally → Base → Drop (RBD) or Drop → Base → Drop (DBD). - Action: Potential sell zone; price often reverses downward here. - Demand Zone: - Formation: Drop → Base → Rally (DBR) or Rally → Base → Rally (RBR). - Action: Potential buy zone; price often reverses upward here. Zone Validation Rules: 1. Structure: The “base” (consolidation) must be ≤6 candles; the breakout must show ≥2 impulsive candles. 2. Freshness: Only trade untested zones (no prior price interaction). 3. Zone Merging: Combine overlapping zones or prioritize the one with the best risk-reward ratio. Entry & Trade Triggers 1. Breakout Confirmation Short Entry: Triggered when price breaks above prior-day high (PDH) and retests a fresh supply zone. Long Entry: Triggered when price breaks below prior-day low (PDL) and retests a fresh demand zone. 2. Order Placement Buy Limit Orders: Set at the demand zone’s proximal line Sell Limit Orders: Set at the supply zone’s proximal line Risk Management Framework 1. Stop Loss Placement Long Trades: Below the demand zone (mechanical rule) or 5% of the Daily Average True Range (ATR) below the distal line of demand Short Trades: Above the supply zone (mechanical rule) or 5% of Daily ATR above the distal line of supply 2. Position Sizing Risk ≤1-2% of capital per trade to preserve longevity. Trade Management & Profit Targets 1. Initial Target: 2:1 Risk-Reward (2R). Example: If risking ₹1000, target ₹2000 profit. 2. Trailing Stop : Move stop loss to breakeven at 2R, then trail for 3R+ using price structure (e.g., swing lows/highs). 3. Priority: Focus on “A+ Setups” where zones align with higher timeframes (for example a 5 mins zone within a 15 mins zone or higher) Critical Success Factors 1. Timing is Everything Optimal Entry Window: 9:15 AM – 11:00 AM (peak liquidity, institutional participation). Avoid Late Trades: Post-2:00 PM entries often lack momentum for robust risk-reward outcomes. 2. Confluence with Higher Timeframes - Strengthen signals by aligning 5/15-minute zones with hourly/daily support/resistance/supply/demand zones 3. Event-Driven Volatility Capitalize on gaps from overnight global news (e.g., US Fed, crude oil prices) or domestic catalysts (RBI policies, earnings). Tools & Execution Charting: Trading View for automated PDH/PDL and zone plotting Mindset: Discipline to avoid overtrading and stick to fresh zones. Example: The example taken here is on the Nifty 15 mins chart. See how the price broke the previous day's low and reacted nicely from a prior higher quality demand zone. These levels can act as trap levels trapping most of the retail traders and investors on the opposite side of the trade. The price gave a nice bounce from the demand zone and went on to rally to the opposing supply zone giving a greater than 3:1 R:R. Conclusion The Intraday Sutra strategy combines technical precision with rigorous risk management, offering a structured way to navigate India’s time-bound markets. By focusing on prior-day extremes, fresh supply-demand zones, and strategic timing, traders can systematically exploit intraday inefficiencies. Remember: Consistency beats complexity. Back test rigorously, refine your process, and let discipline drive profitability. Final Note: Always validate this strategy in a simulated environment before deploying live capital. Use Trading View Bar Replay functionality to test your strategy. Markets evolve—stay adaptive!
NSE:NIFTYEducation
by VishalSubandh
6
Mastering the Head & Shoulders Pattern: A Powerful Chart PatternHello Traders! Today, we’ll be diving into one of the most powerful chart patterns — the Head & Shoulder Pattern . It’s widely used by traders to spot trend reversals, particularly from bullish to bearish trends. If you’re looking to refine your technical analysis, understanding this pattern will significantly boost your trading edge. Understanding the Head & Shoulder Pattern The Head & Shoulders pattern consists of three peaks: the Left Shoulder , the Head (the highest peak), and the Right Shoulder . It indicates a trend reversal , usually occurring after a strong uptrend. Left Shoulder : The price rises to a peak, then declines. Head : The price rises higher, forming the highest peak, before pulling back again. Right Shoulder : The price rises again but fails to reach the height of the Head , followed by a decline. Key Elements for Confirmation: Neckline : A key support level formed by connecting the lows of the left shoulder and right shoulder. Breakout : Once the price breaks below the Neckline , the pattern is considered complete, signaling a potential sell-off. Trade Setup Based on Head & Shoulders: Entry Point : Enter a trade when the price breaks below the Neckline , confirming the pattern’s completion. Stop Loss : Place your stop loss just above the Right Shoulder to limit risk. Targets : Measure the distance from the Head to the Neckline and project it downward from the point of breakout for the target levels. Example: Nifty 50 Head & Shoulder Pattern In the chart, we can see the Nifty 50 forming a Head & Shoulders pattern . After the breakdown below the Neckline , the target levels are identified on chart please follow same if you see this chart pattern anywhere, indicating a potential move downward. Why is This Pattern Effective? The Head & Shoulders is highly regarded because of its clear structure and reliability in predicting bearish reversals. It helps traders identify when the market is likely to turn, giving you the opportunity to enter trades at the right time. Conclusion: The Head & Shoulders pattern is a powerful tool for identifying trend reversals. When used with additional tools like volume analysis and support/resistance levels , it can enhance your trading decisions. Always remember to use a stop loss to protect your capital and consider multiple timeframes for confirmation. Happy Trading! 😎📉
NSE:NIFTYEducation
by TraderRahulPal
NIFTY fall & probability observation1) On Aug 5th, 2024 - Nifty's low (23,893.70). 2) On Nov 12th, 2024 - Nifty broke Aug 5th low and fell (-2.64%). 3) On Nov 21st, 2024 - Nifty's low (23,263.15). 4) On Jan 13th, 2025 - Nifty broke Nov 21st low and fell (-2.10%). 5) On Jan 27th, 2025 - Nifty's low (23,786.90). As per the above observations of NIFTY chart data, Every time when nifty broke the previous low It fell an average of (-2%). > The fall % difference between the (Aug 5th, 2024 to Nov 12th, 2024) is (-2.64%) - (-2.10) = 0.54%. > Observing, Assuming and Applying this % difference data with the Jan 27th, 2025 low (23,786.90), That is, (2.10% - 0.54%) = 1.56% 23,786.90 - 1.56% = 22,431. -> FIB Retracement - Marking the Nifty's election day's (Jun 4th, 2024) low of 21,281.45 and Nifty's All Time High (Sep 27th, 2024) 26,277.35, The next level (0.786) of fib retracement comes around 22,350. -> The above observation data collides with Fib Retracement. Final Comment: If nifty breaks the level of (22,786.90), The next support would be 22,400 to 22,350. If it breaks further, Nifty may test the most major support of 21,800.
NSE:NIFTY
by SHRIHARII
IS IT POSSIBLE..This is a 15-minute candlestick chart of Gold Spot (XAU/USD) from TradingView. Here's my analysis based on the image: Key Observations: Price Levels: Current Price: $2,903.77 (as of the last candlestick) High: $2,939.89 - $2,942.51 Low: $2,863.75 - $2,886.63 Resistance Zone: Around $3,013.87 (highlighted in beige) Support Zone: Around $2,863.75 - $2,872.56 (highlighted in blue) Recent Price Action: The price dropped sharply from a resistance area (~$2,915 - $2,940). A strong bearish candle formed, breaking below a minor support (~$2,905). Price is approaching a potential demand zone (~$2,865 - $2,875), where buyers may step in. Technical Zones: Supply Zone (Resistance) at ~$3,013.87: If price reverses and breaks upward, this could be the next major target. Demand Zone (Support) at ~$2,865 - $2,875: Watch for potential reversal or continuation. Market Bias: Short-term bearish trend: The price is making lower highs and just broke a support zone. Potential bounce from the demand zone if buyers step in. Possible Trading Scenarios: Bullish Reversal: If price finds support at $2,865 - $2,875, it may bounce back toward $2,915 - $2,940. Confirmation needed with bullish candlestick patterns (e.g., pin bar, engulfing). Bearish Continuation: If price breaks below $2,865, we could see further downside toward $2,850 or lower. Watch for volume and momentum confirmation.
FX:XAUUSDLong
by yjp1155
Bank Nifty Weekly Analysis: Key Levels & Trend OutlookWeekly Recap: The Bank Nifty closed the week at 49,099.45, posting a decline of -2.11%. The index faced selling pressure throughout the week, reflecting broader market weakness. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial range to watch for potential reversals or trend continuation is 48,996 - 49,182. Support & Resistance Levels: Support Levels: S1: 48,658 S2: 48,217 S3: 47,937 Resistance Levels: R1: 49,544 R2: 49,989 R3: 50,310 Market Outlook: Bullish Scenario: If Bank Nifty sustains above 49,182, it could see buying interest, potentially pushing towards R1 at 49,544 and higher levels. Bearish Scenario: A breakdown below 48,996 could trigger further downside pressure, targeting S1 at 48,658 and lower support levels. Conclusion: Bank Nifty remains in a weak phase, and next week’s action around the pivot range will be crucial. Sustaining above 49,182 may lead to a bullish recovery, while a breakdown below 48,996 could accelerate the downside move. Stay alert and trade with caution!
NSE:BANKNIFTY
by ALICEBLUE
Nifty 50 Weekly Analysis: Key Levels & Trend OutlookWeekly Recap: The Nifty 50 closed the week at 22,929.25, marking a significant decline of -2.68%. The bearish momentum dominated the market, pulling the index lower as selling pressure intensified. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial zone to watch for any potential reversals or trend continuation is between 22,977 - 23,067. Support & Resistance Levels: Support Levels: S1: 22,628 S2: 22,327 S3: 22,062 Resistance Levels: R1: 23,234 R2: 23,539 R3: 23,808 Trend & Decisive Levels: Uptrend Confirmation: A 1-hour candle close above 23,427 will indicate a positional uptrend, signaling strength and a potential move higher. Decisive Level for Downtrend: The index remains downtrend, but 22,776 is a critical level to watch. If a 1-hour candle closes below this level could trigger further downside momentum, potentially dragging the index toward lower supports. Market Outlook: Bullish Scenario: A sustained move above 23,067 and strength beyond 23,427 could attract buyers, leading to a possible retest of R1 at 23,234 and beyond. Bearish Scenario: If 22,776 fails to hold, the market could witness further selling, driving Nifty towards S1 at 22,628 and possibly lower. Conclusion: With Nifty 50 facing downward pressure, the upcoming week is crucial. The 22,776 level holds the key—staying above could offer temporary relief, while a breakdown may accelerate the decline. Keep an eye on these levels and trade cautiously!
NSE:NIFTY
by ALICEBLUE
1
Options Trading vs. Stock Trading: Which is Right for You?Hello Traders! In today’s post, we’re going to compare Options Trading vs. Stock Trading. Both strategies can be profitable, but they come with different risk profiles, time commitments, and potential for returns. Let’s dive into the key differences and help you decide which trading method aligns with your financial goals and risk tolerance. Stock Trading: The Classic Approach Stock trading is the act of buying and selling stocks to capitalize on price movements. As an investor, you own a share of the company and benefit from its growth or dividends over time. Stock trading is widely recognized as the foundation of the market and remains one of the most common forms of trading. Key Characteristics of Stock Trading: Long-Term Investment Strategy: Stock traders tend to hold their positions for a longer duration, from weeks to years. Ownership of the Asset: When you buy stocks, you own a part of the company, which may yield dividends or appreciate over time. Moderate Risk and Return: Stock trading typically provides consistent, moderate returns , but the risks are lower compared to options. Requires Patience: Stock trading is ideal for those who are patient and willing to hold onto their investments through market fluctuations. Options Trading: Leverage and Flexibility Options trading involves buying or selling options contracts, which give you the right (but not the obligation) to buy or sell an underlying asset at a predetermined price within a specified time frame. It offers greater leverage, meaning you can control more stock with less capital. However, this leverage comes with higher risk. Key Characteristics of Options Trading: Leverage Potential: Options allow you to control larger positions with a smaller initial investment. Time Sensitivity: Options have expiration dates, which means the price movement must happen within a limited time frame. Higher Risk, Higher Reward: With leverage, options can yield higher profits, but the potential for loss is also greater, especially when options expire worthless. Flexibility in Strategy: Options offer a range of strategies, including covered calls, straddles, and spreads , that can help manage risk and maximize profit. Active Management Required: Options traders need to monitor their positions frequently due to the time-sensitive nature of the trades. Which Is Better? Stock Trading or Options Trading? Both strategies have their advantages depending on your goals and trading style. Here’s a comparison: Stock Trading: Ideal for Long-Term Investors: Stock trading is suitable for traders looking for steady returns over time with relatively low risk. Less Complexity: Stock trading is simpler and easier to understand compared to options, making it more accessible for beginners. Lower Risk per Trade: The risk is limited to the amount invested in the stock, and the price movement is easier to predict. Options Trading: Higher Potential Returns in a Shorter Time Frame: Options provide the ability to profit from short-term price movements with higher leverage , leading to potentially higher returns. Requires Skill and Active Management: Options require more expertise and constant monitoring to manage risk and maximize returns. Higher Risk, Higher Reward: While the potential for returns is greater, options trading involves a higher level of risk, and you could lose your entire investment. Conclusion: Which is Right for You? Choosing between options trading and stock trading depends on your personal trading goals, risk tolerance, and time availability. Stock trading is ideal if you want to take a long-term approach, avoid complexity, and hold your positions for steady, moderate growth. Options trading is for those who want to utilize leverage for potentially higher returns and are willing to actively manage their trades. What’s your trading preference? Are you more inclined towards stock trading or options trading ? Let me know your thoughts in the comments below!
NSE:NIFTYEducation
by TraderRahulPal
1
WHICH ONE IS GOING TO HOLD THE PRICE FOR REVERSAL.Bearish Order Block A bearish order block is generally defined as the last up-close candle (or series of candles) before a significant move down. The idea is that this represents an area where institutional sellers were active, and the price might react when it revisits this zone. Why it's believed to work: Institutional Activity: Order blocks are based on the idea that large institutions (banks, hedge funds, etc.) can't execute their entire order at once without moving the price against themselves. They accumulate positions over time, and order blocks are thought to represent areas where they were accumulating short positions before a large move down. Supply and Demand: The area is seen as a zone of potential supply. When price revisits the order block, the sellers who initiated the move down may be looking to add to their positions, or new sellers may see it as a good opportunity to enter the market.
FX:UKOILSPOTLong
by yjp1155