TATA CHEMICALS LTD – Cup & Handle BreakoutTata Chemicals has formed a classic “Cup and Handle” formation on the daily chart – a bullish continuation pattern indicating accumulation followed by breakout potential. This is a well-respected setup among technical traders and often leads to sharp upside momentum once the neckline resistance is broken.
Key Observations:
* Cup & Handle Formation
The stock has completed a large rounded bottom (the cup) from February to June, followed by a healthy pullback (the handle) in July. This indicates strong base building and investor interest.
* Breakout Level: ₹976–978
The price is now testing the neckline resistance zone around ₹976. A breakout and close above this level would confirm the pattern and open room for further upside.
* Bullish Momentum Building
The recent rally toward resistance has been with rising candles, and a breakout could invite fresh buying interest. Momentum indicators are supportive, and MACD (not shown in chart) is likely to cross bullish on confirmation.
* Volume Confirmation Important
Traders should look for above-average volume on the breakout day to validate the strength of the move.
Final View:
Tata Chemicals is at a crucial technical level. A confirmed breakout above ₹978 could trigger a bullish continuation supported by the strong base. Traders looking for swing opportunities should keep this stock on their radar.
Breakout!
CEAT Ltd: Is a Rebound on the Horizon? A Confluence of TechnicalTraders — let’s dig into CEAT Ltd NSE:CEATLTD . where both demand-supply dynamics and classic technical signals are flashing something worth watching. What’s setting up here isn’t just noise — there’s real structure underneath the surface.
Demand Zone & Institutional Footprints
Let’s start with the core of this setup: the Demand Zone. CEAT’s price is inching toward a daily timeframe Rally-Base-Rally zone — and not just any zone, but one that stands out in terms of quality.
Why does this matter? Because these aren’t retail-driven bounces. These are often the hidden footprints of institutions quietly building positions.
On June 23rd, price came close to this very demand zone — and without even touching it, we saw a sharp bounce. That’s a strong tell. There’s clear demand waiting just below.
Institutions don’t throw their entire order book at the market in one go. They scale in. So when price comes back to this area, it’s likely to trigger those leftover buy orders — potentially leading to another move higher.
Zooming out to the broader view : Both weekly and monthly charts are still in an uptrend. There are no obvious supply zones on the higher timeframes That clears the runway for bullish continuation.
💡 Traditional Technical Analysis Perspective 💡
Now let’s switch gears for a moment and take a look through the lens of classic technical analysis. What’s the chart telling us in plain sight?
CEAT spent months coiling within a consolidation range — nothing impulsive, just sideways chop.
But that changed on April 30th with a decisive breakout. And this wasn’t on light volume — it came with strong participation, a real sign of conviction.
Post-breakout, we’ve seen consistent volume buildup alongside price progression. This isn’t a one-day wonder — it’s been developing.
Act of Polarity at Work: The breakout level had previously acted as firm resistance multiple times. Now that price is retesting it from above, it’s doing exactly what we expect — flipping that resistance into potential support.
Interestingly, this retracement is happening on declining volume. That’s key. It often suggests a healthy retest rather than a breakdown — a potential “buy the dip” scenario, if you will.
🤝 The Confluence: Where Two Worlds Meet 🤝
Here’s where things get really compelling — that demand zone we highlighted? It aligns perfectly with the same level that’s being retested post-breakout. That overlap — this confluence — is no coincidence.
It dramatically increases the odds of a strong bounce, because we’re getting validation from two independent analytical frameworks. When price, psychology, and institutional footprints all point to the same zone — you pay attention.
We could consider a tactical Stop Loss just below the demand zone. And in terms of upside? The previous swing high near ₹4000 stands out as a logical first target.
"Success in trading is a marathon, not a sprint. Consistency, discipline, and effective risk management are your true North Stars."
Stay sharp. Even the cleanest setup can fail — and that’s why managing risk isn’t optional. If price violates the zone and closes below your SL, step out without hesitation.
Thanks for reading — your support, feedback, and questions always help drive this community forward. Let’s keep sharpening our edge together.
🚀 Trade smart, stay disciplined, and let your journey be one of continuous learning! 🚀
Disclaimer: This analysis is intended purely for educational purposes. It does not constitute investment advice or a trading recommendation. I am not a SEBI-registered advisor.
Squeezed by Structure – When Trendlines and Flip Zones CollideThis chart presents an interesting interaction between structure and zone dynamics without adhering to a textbook pattern name. The price is being squeezed within a random, yet well-defined structural form, shaped by the forces of support and resistance.
📌 Key Structural Notes:
🟠 Active Counter Trendline (CT) – Acting as overhead resistance, capping price for several weeks.
🟢 Rising Trendline (T) – Offering a base of support, encouraging higher lows and structural tightening.
🟫 Supply-Demand Flip Zone – A previously reactive supply zone now serving a dual role, showing consistent relevance to price behavior.
🟥 Major Supply Overhead – Remains untested, yet significant from a broader structure perspective.
Rather than labeling this as a triangle or cup-handle, it’s more about how CT and T are working together to compress price into a decision area. The presence of the flip zone adds to the friction, making this a valuable case to observe from a structural and behavioral standpoint.
🧠 Not a prediction or setup – just a visual study of how structure evolves when opposing pressures meet within a contextual zone.
GBPJPY Breakout Retest-Bullish Continuation in PlayGBPJPY showing potential breakout continuation after reclaiming a key intraday resistance zone.
Retest confirmation occurred near 198.72 support-turned-demand.
SignalPro structure highlights:
📍Clear high-probability buy signal
🟨 Caution label earlier flagged trend shift risk
📦 Liquidity Control Box now acting as base
Target set at 199.970 with defined risk below recent structure low.
Key Observations:
Breakout aligned with momentum recovery after multiple failed sell attempts.
Risk-to-reward is favorable for potential trend continuation toward upper liquidity levels.
🔍 Timeframe: 15-min
⚙️ Tool Used: Leola Lens SignalPro
📘 For learning use only – not financial advice.
EUR/USD breaks key trendline – Is a bearish reversal underway?At the start of the week, the EUR/USD pair has officially broken its months-long upward trendline, signaling a potential short-term bearish reversal.
As of now, EUR/USD is trading around 1.169, performing a retest of the broken trendline. If the pair closes below this key level, it may confirm the breakout and open the door for a deeper decline.
Do you agree with my view?
A Story of Structure, Strength, Supply Becomes Demand & RSI🔍 Key Observations:
- Supply ➡️ Demand Flip: The green zone previously acted as a supply region but was recently respected as demand, showcasing a classic SD conversion
- Double Bottom + Higher Lows (Structure): A W-bottom has formed on the weekly timeframe (WTF), with rising higher lows (marked in white)
- Weekly RSI Momentum: RSI has broken out of a local resistance, historically sensitive 76-80 band — a region that previously capped upside
📎 Why this matters (Learning Focus):
This chart provides a neat case study on how multiple timeframe resistance (red dotted) and structural clues such as higher lows, SD flips, and clean RSI zones
📘 Remember:
This is not a prediction — it's a framework for thinking. The goal here is to observe price behavior around critical levels, not a call or tip.
Gold surges with explosive breakoutGold prices launched into a powerful rally yesterday, soaring from $3,350 to nearly $3,400 — a stunning $50 move, equivalent to 500 pips.
This surge was supported by a weakening US Dollar and a drop in the 10-year Treasury yield, which fell to its lowest level in over a week. On the macro front, if the Federal Reserve signals an earlier-than-expected rate cut, the bullish momentum could extend further in the long term.
Technical outlook: The H2 chart reveals a strong breakout after gold successfully breached the $3,372 resistance zone ( as highlighted in yesterday’s strategy ). Price is now completing a pullback, which may serve as the base for the next bullish wave.
Do you agree with this view? Share your thoughts and let’s discuss together.
Good luck with your trades! ✨
Gold Price Soars Today Amidst USD WeaknessGold prices surged unexpectedly today, surpassing the 3,350 USD/ounce mark, thanks to the weakening of the USD and falling U.S. Treasury yields. Concerns over U.S. President Donald Trump's unpredictable trade policies have also fueled demand for the precious metal as a safe haven.
Despite gold dipping several times near the 3,300 USD/ounce level in recent days, the support from bargain hunters and the continued demand for gold as a safe investment has helped maintain its high price. If this upward momentum continues, gold may soon break through the next resistance level, with 3,372 USD being the immediate target.
Flag, Pole and Patience– Learning from the Bigger TimeframeIn trading, patterns on higher timeframes often carry deeper meaning.
What you’re seeing in this chart isn’t a forecast — it’s a learning opportunity.
Let’s break this down:
🔺 POLE:
This sharp rally from 2020–2022 represents a strong burst of momentum. That’s your Pole — it shows clean directional intent from market participants.
🏁 FLAG:
After the rally, price didn’t crash — it started consolidating. This sideways or slightly downward structure is known as the Flag.
It often appears as a phase of “cooling off” — traders taking profits, new buyers waiting.
📈 RALLY + CONSOLIDATION = Classic Flag & Pole
A rally followed by consolidation = textbook flag structure.
⏳ And here’s the takeaway:
When viewed on a Monthly (WTF - Way Too Far 😅) timeframe, these patterns take years to form. But that also means they carry weight.
No predictions here. Just learning.
Understanding market rhythm through structure > outcome can be your edge.
Gold Prices Rise Amidst USD WeaknessAmong precious metals, prices are increasing due to the weakening of the USD. There are no negative scenarios for gold in the medium term, considering the current developments: US government spending is out of control, ongoing trade tensions, uncertain inflation, and increasing criticism aimed at the Fed.
As of the time of writing, gold has risen by 0.3% in the past 24 hours, equivalent to an increase of 100 pips, currently trading at 3,350 USD.
The current environment is highly favorable for gold, especially as investors lose confidence in the stability of US monetary policy. If the Fed begins to concede to political pressure, gold prices could break previous highs and head toward 3,440 USD/ounce in the short term.
Do you agree with this view?
will $LTC/USDT ready for $500 in bull run?CRYPTOCAP:LTC Took Off from $55 — Now Gaining Momentum Again, and $500 Might Be Closer Than You Think
CRYPTOCAP:LTC has delivered strong gains from both our entries:
✅ First entry at $55 — now up 140%
✅ Second entry at $70 — currently up 85%
Currently, CRYPTOCAP:LTC is trading around $117, sitting right at a key resistance level.
If this resistance breaks, we could see a strong rally toward $300–$500 in this bull run.
My Target:
I’m still expecting $500 as a realistic target and anything beyond that is a bonus.
NFA & DYOR
Elliott Wave Insights: Clearly indicates the Analytical approachHello friends,
Welcome to RK_Chaarts,
Today we're going to attempt to analyze the chart of Biocon Limited. Clearly, on the monthly timeframe, we can see that we've completed wave ((3)) and wave ((4)), which are of primary degree, marked on chart in Black color. We're currently unfolding wave ((5)), which will have five sub-divisions on the weekly timeframe. The weekly chart also shows that we've completed wave (1) and wave (2) of intermediate degree which we've marked in Blue, and wave (3) has begun, possibly indicating a breakout on the weekly chart. This breakout, having good intensity of Volumes.
Similarly, on the daily chart, we can see that we've completed sub-divisions red 1 and red 2 within wave (3), and possibly started red 3 of (3).
So, based on wave analysis, the outlook appears highly bullish, snapshots are shared below.
Possible Wave counts on Monthly
Possible wave counts on Weekly
Possible wave counts on Daily
The breakout is also accompanied by excellent volume. If we see a dip on lower timeframes, such as Hourly chart, and the price reaches a reliable moving average like the 50-EMA or 200-EMA, it could be a great opportunity to enter. Additionally, friends, we can see on the daily timeframe that a reversal chart pattern has formed and is on the verge of a breakout, with the price standing at the neckline. As soon as this breakout occurs, we can expect further additions. Snapshots are shared below.
Reversal and Bullish Chart Pattern: Inverted Head n Shoulder
Furthermore, we can see that the RSI on the weekly chart has also broken out and is above 60, indicating a strong bullish momentum. Even the MACD has shown a bullish positive crossover and is moving above the zero line on the weekly chart. Additionally, the monthly MACD is also displaying a strong bullish trend, having given a positive crossover and remaining above the zero line. These are all very positive signs. Snapshots are shared below.
RSI Breakout & above 60 on Weekly
MACD on Weekly
MACD on Monthly
We can see that on the weekly chart, the price has crossed above the major EMAs, including the 50, 100, and 200-period EMAs. Now, as the price moves towards its target, these three major moving averages are not obstacles, but rather support levels below. The fact that the price is moving above all these moving averages is a sign in itself.
Looking at the monthly timeframe, we can see that the price has also crossed above the 50, 100, and 200-period EMAs and is moving above them. This is a strong indication of the trend's strength and direction. Snapshots are shared below.
Ema monthly
Ema weekly
So, friends, if our Elliott Wave analysis is correct, and our roadmap is accurate, then as we can see, the monthly chart's wave ((3)), which is of primary degree, marked as rounded three in black, has completed its rounded ((4)) correction or retracement. Now, we're moving upwards towards wave ((5)).
If our wave count is correct, and the structure is right, then according to the theory, wave ((4))'s low, which is around 192, should not be breached. This level will serve as an invalidation level. If the price breaches the invalidation level of 192, which seems unlikely given the positive signs, our wave count will be invalidated, and we'll need to reanalyze it.
On the other hand, based on Elliott Wave theory, the projected target for wave ((5)) is typically between 123.6% and 161.8% of the length of wave ((4)). So, the price may reach or consolidate between the levels of 559 and 672, which are the projected targets based on wave theory, marking the end of wave ((5)) on the monthly chart.
This post is shared purely for educational purpose & it’s Not a trading advice.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com/u/RK_Chaarts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser, and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Chainlink’s Bull Run: Up 80% After the Dip — Is $100 the Next?Chainlink’s Bull Run: Up 80% After the Dip — Is $100 the Next Target?
If you followed my chart, you likely caught the move.
✅ We entered below $10
✅ It pumped to over $30
✅ Recently dipped near $11 and another good Profit.
It’s still up 80% from our entry zone, and I believe CRYPTOCAP:LINK still has room to grow.
My updated targets: $50 / $75 / $100
Tip: Take some profits along the way and ride the trend smartly.
NFA & DYOR
HDFC Asset Management Company Ltd - Long Setup, Move is ON...#HDFCAMC trading above Resistance of 3844
Next Resistance is at 5237
Support is at 2982
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
EUR/USD: Continuing Downtrend and Key Levels to WatchHello traders, what are your thoughts on EUR/USD?
Today, EUR/USD continues its strong downtrend, currently trading around 1.161. One of the key factors driving this decline is the strong recovery of the USD. Following the release of positive data from the US, especially the unemployment report, the market has reinforced expectations that the Fed will maintain high interest rates for a longer period. This has reduced the appeal of the euro, putting significant pressure on EUR/USD.
From a technical perspective, the price is approaching the trendline's lower limit, and a breakout at this point could push EUR/USD further down. Personally, I expect the EMA 89 area to be an ideal target for this strategy.
What about you, do you agree with my outlook? Feel free to share your thoughts, and let’s discuss!
Powergrid - 10% Upmove possible?!!!Chart patterns suggest me the above titled opinion
1. Monthly chart shows a Mother baby candle (feb and march 2025)
2. Weekly chart too shows a good inside bar candle with good volume support and Breakout visible (shown below)
3. In daily time frame, there is an expanding channel pattern... . Higher high formed indicates a bulls edge .
4.Let's wait for the Breakout and enter the trade
5.Target levels mentioned @ chart.
This is just my opinion...not a tip nor advice...
Thank you!!!!
Gold's Short-Term DeclineHello everyone, what do you think about gold?
Today, gold continues its short-term downtrend. After new data was released at the end of yesterday’s trading session, the USD rose by 0.3%, and U.S. Treasury yields also increased, reducing the appeal of gold. Additionally, the latest unemployment claims data shows improvement in the U.S. economy, which has contributed to the drop in the precious metal.
As of writing, gold is trading around the EMA 34, 89 levels at 3,336 USD. With the recent news, the market is expected to maintain its current stance throughout the day, as no new significant updates are expected.
From a technical standpoint, the downtrend remains in place, with prices continuing to be capped below the trendline. The series of lower highs and lows could likely lead XAUUSD to test lower levels, with the possibility of reaching the 3,300 USD mark.
What do you think about the price of gold today? Let us know in the comments!
Gold Weekly Recap – XAU/USD OutlookOANDA:XAUUSD experienced sharp volatility last week as investors reacted to escalating U.S. tariff announcements and shifting expectations around the Federal Reserve’s rate policy. Although prices dropped early in the week, gold quickly bounced back with three consecutive bullish sessions—highlighting strong buying interest amid growing inflation fears and trade tensions.
Analysts remain split: half foresee more upside, while others maintain a neutral stance. Yet, most agree on one thing—gold continues to serve as a defensive fortress during times of uncertainty, especially with markets grappling with both fiscal and monetary headwinds.
Technically, gold is fluctuating within a tight range around 3,360 USD. While no clear breakout from consolidation has occurred, supportive factors like a weakening U.S. dollar, the U.S. national debt surpassing 37 trillion dollars, and safe-haven inflows from reserve funds are helping keep prices stable.
📍If upcoming CPI data or new tariff announcements from the U.S. further pressure the dollar, gold could test the 3,400 resistance level. Otherwise, a sideways trend may dominate if negative news is absorbed smoothly.
Trend Bias: Neutral – leaning bullish if 3,300 holds strong.
So, are you siding with the bulls or waiting for a clear breakout?
Drop your thoughts in the comments! 💬