Get started

Beyond Technical Analysis

Ultracemco shows a break above a falling structurePrice has been moving inside a downward sloping structure for several weeks, with multiple reactions on both the upper line and the lower line. Each touch on the upper boundary has created a lower high, and the lower boundary has been respected several times as well. Recently, price moved down to the lower boundary once again and formed a strong upward candle from that area. This upward move has now pushed price above the upper line of the falling structure. The move is supported by higher volume compared to the previous sessions. This shift may indicate that the downward pressure inside the channel is reducing. If price is able to hold above this region, it may suggest that the next phase of the trend is developing. This idea is based only on the repeated reactions inside the structure and the recent break above it. Follow for more clean charts and structured analysis.
NSE:ULTRACEMCOLong
by siripireddyvenu
Glenmark Pharma shows a strong uptrend with periodic correctionsGlenmark Pharma has been moving in a clear weekly uptrend where each strong rise has been followed by a period of consolidation before the next move. This sequence appears three times on the chart, marked as rally and correction phases. After the most recent rise, price has entered a narrow downward channel. This forms a flag structure, which is a common type of consolidation during an ongoing trend. Volume has reduced during this period, which is normal in this kind of structure. A break above the upper boundary of this channel may indicate that the consolidation is ending and that the trend is ready to continue. The measured distance of the previous rise has been added on the chart to show a possible future level if the trend resumes. This idea is based entirely on the repeating structure of rally, pause and continuation that is visible on the weekly time frame. Follow for more clean charts and structured price action studies.
NSE:GLENMARKLong
by siripireddyvenu
12
MANAPPURAM Triangle and Inverse HNS CombinationPrice is moving inside a large converging triangle, with multiple clean touches on both the falling upper trendline and the rising lower trendline. Inside this triangle, price has also formed a series of inverse Head & Shoulder (IHNS) structures, each time bouncing from the rising support trendline. These repeated IHNS formations indicate buyers are defending the trendline strongly. This creates a combination pattern: Macro pattern: Symmetrical Triangle Micro pattern: Multiple IHNS formations inside the triangle Price is now once again approaching the upper trendline.
NSE:MANAPPURAMLong
by siripireddyvenu
Volume Profile and Market Analysis: A Comprehensive Guide1. Introduction to Volume Profile Volume Profile is a graphical representation that shows the amount of trading volume that occurred at specific price levels over a given period. Unlike standard volume indicators that display total volume per time period (bars or candles), Volume Profile organizes volume price-wise, highlighting where trading activity has been concentrated. Key elements of a Volume Profile include: Point of Control (POC): The price level with the highest traded volume, representing an area of significant interest or consensus between buyers and sellers. Value Area (VA): The price range where a significant portion of total volume (usually 70%) occurs. This area helps identify fair value for the asset. High Volume Nodes (HVN): Price zones with high trading activity, often acting as strong support or resistance. Low Volume Nodes (LVN): Price zones with low trading activity, indicating potential breakout or rejection areas. By focusing on volume at price rather than volume over time, traders gain a clearer understanding of market sentiment, institutional activity, and potential future price behavior. 2. Importance of Volume Profile in Market Analysis Volume Profile provides structural clarity that other indicators often miss: Identifying Key Levels: Volume Profile highlights areas where the market participants have shown the highest interest, forming natural support and resistance zones. Understanding Market Sentiment: A market trading above its Value Area suggests bullish sentiment, while trading below indicates bearish sentiment. Spotting Imbalances: Low-volume areas often indicate price rejection or gaps in trading activity, suggesting potential areas for rapid price movement. Assisting Risk Management: Traders can better define stop-loss and take-profit levels based on high-volume nodes, minimizing the risk of being stopped out by normal market fluctuations. In essence, Volume Profile provides a macro-level view of price acceptance and rejection, enabling traders to anticipate market behavior with higher precision. 3. How Volume Profile Works To understand the workings of Volume Profile, consider a market like the Nifty 50 or a stock like Reliance. Step 1 – Data Collection: Volume Profile uses tick-by-tick or minute-by-minute data to calculate total volume at each price level. Step 2 – Constructing the Profile: For each price level, the cumulative volume is plotted horizontally. This forms a histogram-like structure over the price axis. Step 3 – Analyzing the Profile: Traders analyze the histogram to find the POC, HVNs, LVNs, and Value Area. The shape of the profile often reveals market sentiment: D-Shaped Profile: Indicates a balanced market with equilibrium between buyers and sellers. Price tends to oscillate within the Value Area. P-Shaped Profile: Suggests strong bullish activity with absorption at lower levels and buying pressure pushing prices higher. b-Shaped Profile: Reflects bearish sentiment, where sellers dominate and price struggles to move higher. Understanding these shapes allows traders to anticipate whether the market is likely to trend or remain range-bound. 4. Volume Profile in Conjunction with Market Analysis Market analysis is broadly divided into technical analysis, fundamental analysis, and sentiment analysis. Volume Profile complements all three. a. Technical Analysis Volume Profile enhances traditional technical tools like support/resistance, trendlines, and candlestick patterns by adding the dimension of trading activity concentration. For example, a resistance level confirmed by a high-volume node is significantly stronger than one identified by price action alone. Traders can also combine Volume Profile with moving averages or RSI to refine entry and exit points. b. Fundamental Analysis While fundamentals like earnings, macroeconomic data, or geopolitical events drive long-term price trends, Volume Profile helps gauge the short-term reaction of market participants. For instance, if positive earnings lead to a price spike but Volume Profile shows rejection at higher levels (low-volume node), traders might anticipate a pullback. c. Sentiment Analysis Volume Profile captures the footprints of institutional trading. Large participants often accumulate or distribute positions at specific price levels, which appear as high-volume nodes. Observing these nodes provides clues about market psychology and potential directional bias. 5. Practical Applications of Volume Profile Support and Resistance Identification: Traders use high-volume nodes as natural support/resistance levels. Breakouts above or below these nodes are considered significant. Trend Confirmation and Reversals: If the price stays above the POC and Value Area, the trend is bullish. If it drops below, the market may be entering a bearish phase. Entry and Exit Strategies: Volume Profile allows precise placement of entries and exits. Buying near LVNs or selling at HVNs can enhance reward-to-risk ratios. Scalping and Intraday Trading: Intraday traders use Volume Profile to identify areas of liquidity and price acceptance, helping in quick decision-making for short-term trades. Gap Analysis: Low-volume areas act as potential “gaps” where price can move rapidly, enabling traders to exploit breakout opportunities. 6. Limitations of Volume Profile While powerful, Volume Profile is not without limitations: Requires Accurate Data: Tick-level or high-resolution volume data is essential for precision. Doesn’t Predict Market Direction: Volume Profile shows areas of interest but cannot guarantee future movement. Works Best in Liquid Markets: Illiquid assets may produce misleading volume distributions. Needs Contextual Analysis: Relying solely on Volume Profile without trend, news, or sentiment analysis can lead to poor decisions. 7. Combining Volume Profile with Other Analysis Tools To maximize its potential, Volume Profile should be used with complementary tools: Moving Averages: To confirm trend direction relative to high-volume nodes. Candlestick Patterns: To validate reversals or breakouts at key levels. Fibonacci Retracements: To identify confluences between retracement levels and high-volume zones. Order Flow Analysis: To track live buying/selling pressure in relation to Volume Profile levels. By integrating these tools, traders achieve a multi-dimensional understanding of market structure, enhancing both timing and accuracy of trades. 8. Conclusion Volume Profile is a critical tool in modern market analysis, bridging the gap between price action and volume dynamics. By highlighting areas where market participants have concentrated their activity, it provides actionable insights into support, resistance, trend strength, and potential breakout zones. When combined with technical, fundamental, and sentiment analysis, it empowers traders to make informed decisions with a structured approach to risk and reward. Ultimately, mastering Volume Profile requires practice and observation, but once understood, it becomes a powerful lens for seeing the market’s inner workings, allowing traders to anticipate movements rather than react to them. Whether for intraday scalping, swing trading, or long-term investing, Volume Profile remains a cornerstone for serious market participants aiming for consistency and precision in their trading strategies.
NSE:HDFCBANKEducation
by TechnicalExpress
M&M Update Price Trading Inside a Contracting WedgeMahindra and Mahindra is currently respecting both the upper and lower boundaries of a contracting wedge pattern on the one hour timeframe. Each time price approaches the upper trendline, it is being rejected. Each touch on the lower trendline is showing signs of support and buyers stepping in. This compression shows that the market is preparing for a larger directional move. A clean breakout above the upper trendline with increasing volume can trigger a short term upward move. Failure to break out may push the price back towards the lower support zone.
NSE:M&MLong
by siripireddyvenu
CENTURYPLY Big Structure Breakout After MonthsThe stock was trading inside a large symmetrical triangle Multiple touchpoints on both trendlines , structure is valid Price was getting squeezed between A falling resistance line from the left A rising demand line from the bottom This compression created stored energy in the chart Now, CenturyPly has broken above the falling trendline with strong bullish candles and volume backing the move. This is the first clean breakout after months of consolidation.
NSE:CENTURYPLYLong
by siripireddyvenu
Oracle and the Quiet Warning Nobody Looked AtMost of us watch the stock first and everything else later. But with Oracle, the first warning didn’t come from the chart at all — it came from the credit market. A quick explanation for anyone new to this: A Credit Default Swap (CDS) is just insurance on a company’s debt. If people feel the company is getting riskier, the cost of that insurance goes up. That’s it. Nothing fancy. Over the last year, Oracle’s CDS cost has been climbing way faster than you’d expect for a big, steady name. It wasn’t front-page news, but it was unusual enough to pay attention to. And then today’s 11% drop happened. It honestly reminded me of that moment in The Big Short when Burry kept pointing at the CDS market while everyone else stared at the stock prices. He wasn’t predicting a disaster — he just noticed that the credit market was reacting long before the stock market cared. Oracle isn’t a “Big Short” situation, obviously. But the pattern is familiar: credit markets usually move first, stocks catch up later . That’s really all there is to it. No drama — just a quiet signal finally showing up on the chart. Disclaimer: Educational only. Not investment advice. DYOR
NYSE:ORCL
by WaveXplorer
4
Nifty 12th Dec OutlookThe last 3 sessions have been strangely quiet. Price barely moved, volume stayed flat, and Nifty just kept hovering inside the same range. At first glance it looks like typical consolidation…but with everything happening around us, the silence feels a bit more intentional. Here’s what I’m noticing: 1. Fed cut was priced in, but the market is still digesting the tone The 25 bps cut wasn’t a surprise. What traders really care about is the Fed’s tone, and that usually takes a day or two to reflect in EM flows like ours. So the muted move here makes sense. 2. Sensex expiry completely distorted intraday behaviour No one commits serious money on expiry days unless they have to. That explains some of the weird intraday swings and the lack of strong follow-through. 3. The US trade delegation being in India (Dec 10–12) is a bigger factor than people think Institutions hate uncertainty. If the tone from these meetings affects tariffs, regulations, or market access, it directly impacts exporters and several index-heavy sectors. So, yes — some funds simply stepped aside until they know what’s happening. 4. Mexico’s unexpected tariff hike (up to 50%) adds another layer This came out of the blue and hits Indian auto exporters right where it hurts. But… even with that news, Nifty didn’t react violently. That tells me the market is waiting for more clarity, not panicking. Technical Picture (Daily + 1H): Nothing Broken, Nothing Proven Price held the 25,700 support beautifully (Fib 0.618) Price rejected the 25,940–26,050 zone again (Fib 0.382) Daily RSI bounced from the 50 line, which is normally a bullish behaviour Volume has been eerily identical for 3 days straight This is not bullish strength. This is not bearish weakness. It’s textbook neutrality until the macro dust settles. About the Divergences On the Nifty 1H chart, we had a hidden bearish divergence earlier — but that only signals momentum fatigue, not an immediate fall. But on GIFT Nifty, we got something more meaningful: ✔ Hidden bullish divergence ✔ Price made a higher low ✔ RSI made a lower low ✔ And then price pushed up strongly This usually leads to trend continuation, and the futures chart looks clean and confident right now. Not the behaviour of a market preparing for a big dump. So why is the volume dead? When multiple moving parts converge — Fed tone, international trade talks, new tariff shocks — institutions don’t gamble. They stay flat. They hedge. They wait. And the charts show exactly that. Tomorrow’s Map If GIFT Nifty stays firm: → we likely open slightly green → Nifty may try to break the 25,940–26,050 zone → A clean close above 26,050 opens 26,120–26,180 If nothing major hits the news: → we stay stuck between 25,700 and 25,940 → the range continues If negative news comes from trade talks or auto exporters: → only then we revisit 25,700 → and breakdown needs VOLUME, which has been missing Without volume, bears have no teeth. My Final Take The market isn’t weak — it’s cautious. It isn’t bullish — it’s waiting. GIFT Nifty looks strong right now, and unless a fresh headline drops overnight, Nifty will likely test the higher end of the range again. But the real move — the one with conviction — probably comes after Dec 12, once everyone knows where the trade talks and sector implications stand. Until then, this is not a market to be overly aggressive in either direction.
NSE:NIFTY
by abhijit2294
The Day I Trusted My Setup - And Finally Found Peace in TradingHello Traders! Every trader remembers the day they finally stopped fighting the market and started trusting their setup. Not because the setup became perfect, but because the trader stopped panicking, stopped doubting, and stopped reacting emotionally to every candle. This post is about that mindset shift. The shift that quietly turns chaos into clarity. 1. The Problem Was Never the Strategy Most traders have decent setups, but terrible self-control. They enter early, exit early, or avoid taking the trade completely. They blame indicators, brokers, markets, everything except their own fear. The truth is simple: Your setup doesn’t fail. Your belief in the setup fails first. 2. The Market Became Peaceful the Day My Mind Did I stopped questioning every candle. I stopped comparing my trades to others on social media. I stopped jumping from one strategy to another. When the mind becomes quiet, the market stops feeling like a threat. 3. One Setup, Repeated Consistently, Is More Powerful Than 10 Indicators When you trust your setup, you stop looking for confirmation everywhere else. Your eyes automatically see the same pattern repeat again and again. You develop confidence, not from winning, but from understanding. A trader doesn’t need more tools. A trader needs one tool they fully trust. 4. Peace Comes From Acceptance, Not Prediction You stop trying to predict the market. You stop expecting every trade to win. You start accepting that your job is execution, not perfection. Peace is not when trades stop losing Peace is when losses stop scaring you. 5. Trusting the Setup Automatically Improves Discipline You follow your entry rules without hesitation. You respect your stop loss without fighting it. You let profits run because you no longer fear giving them back. Discipline is the natural outcome of trust. Rahul’s Tip: Your setup doesn’t need to be extraordinary, it just needs to match your personality. Once you stop jumping strategies and commit to one approach fully, trading becomes quieter, calmer, and finally peaceful. Conclusion: The day you trust your setup is the day trading stops feeling like a battle. You stop chasing the market and start flowing with it. With clarity, discipline, and trust, profitability becomes a byproduct, not a target. If this post reflects your trading journey, like it, share your experience, and follow for more psychology-based insights!
NSE:NIFTYEducation
by TraderRahulPal
16
VOLTAS – Support Touch Inside Rising Channel | Bounce SetupDescription VOLTAS has been moving inside a rising channel for several months — creating higher highs and higher lows. Both the top and bottom trendline's are respected multiple times (marked by circles), proving this channel is valid and strong. Recently: The stock fell from the top of the channel Came down and touched the bottom support line again (blue circles at lows) That support has always given a bounce previously → so buyers may step in again here Also, a small falling channel has formed inside this bigger up-channel. Price is now breaking out of that smaller falling channel, which hints at a possible bounce start.
NSE:VOLTASLong
by siripireddyvenu
1