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Candlestick Analysis

ORACLE FINANCIAL SERVICES SOFTWARE ( 1D ) 🎯 TRADING PLAN 🎯 ✔ Price Action shows strong Resistance at the 61.80% Fibonacci Retracement with a Bearish Harami Candlestick Pattern. ✔ RSI being Overbought adds weight to The setup. 💡 Good Trader's focus on protecting their Money. Bad Trader's focus on making Money. Disclaimer : All information is for Educational & Informational Purpose only. Not a buy / sell Recommendation. You are Solely responsible for your Trading & Investment decision.
NSE:OFSSShort
by AKSHAY369
Good bearish setup on the higher time frame.Asian paints is one of the leading paint manufacturer in country and for the last few months the stock is trading in a parallel channel there are chance of it trying to retest the previous support zone of around 2700 levels before entering into another bearish leg. Fundamentally stock shows some negativity as ~45% YoY decline in consolidated net profit in Q4 FY25. Revenue slipped 4.3% YoY in this quater. Net profit fell 23.3% YoY in Q3 FY 2025. Technically too the stock look to form bearish Flag and Pole pattern with a possible retracement to around 1700-1800 levels in upcoming months. RSI is around in between on the monthly charts which is not in confluence. BBand shows that the stock is trading below the median line of the band and chance of it travelling to the lower band it possible as stock it below the median line for around 11 months. Exponential moving averages : 100 EMA on the monthly charts is providing good support to the stock while 20 & 50 EMA are acting as the resistance on the same time frame. Target are different as per the trading setup. Support and Resistance Entry only once the channel is breached and retested. Targe : 1815-1925 zone. Bollinger Band Entry has been triggered as per the BB strategy. Target : 1935 EMA As per the EMA strategy, there will be multiple entries in the stock. Entry will be made once the stock closed below the 100 EMA. Target : 200 EMA.
NSE:ASIANPAINT
by TheMamboMomentum
Double Top at the Peak: Is a Bearish Reversal Coming in HDFC AMCHDFC AMC has given a good upside rally of 65% and is form a double top pattern. The stock is following a bullish trendline but the RSI divergence is creating a bearish sentiment supported by the drop India VIX. If the stock breaks below the trendline, a bearish trade can be entered with the first target of 5440 following it to 5208. Bullishness will only be confirmed only once the stock starts trading above 6000 levels. There is RSI divergence on the higher time frame too and gives more convincing trade in the stock. Entry :- Below 5809 Target :- 5440 and 5208 Stop Loss :- Close above 5927 (daily charts) Wait for the price action and trade accordingly.
NSE:HDFCAMC
by TheMamboMomentum
1
Asian Paints: Short Setup — Bearish Reversal SignalAsian Paints shows signs of a potential short opportunity after forming a bearish reversal pattern (Rising wedge) on the daily chart. The stock failed to sustain above the resistance near 2600, Formed a Double top pattern. The RSI is showing bearish divergence, signaling weakening momentum. hinting at a possible downtrend initiation. Key Levels to Watch: Immediate support at 2450 (swing low) Further downside target around 2320 if support breaks decisively Trade Plan: Enter short below 2450 on confirmation of bearish candle close. Stop loss above 2500 to limit risk from false breakdown. Target 2320 for conservative exit or trail stop as price moves lower. Disclaimer: Risk management is crucial in this volatile market, so keep position sizing appropriate. This analysis is intended for educational purposes and not financial advice.
NSE:ASIANPAINTShort
by misalraj
3
TITAN - Bullish Reversal & Long-Term Growth StoryTITAN | Bullish Reversal & Long-Term Growth Story Stock: Titan Company Ltd (NSE: TITAN) Timeframe: Daily Chart Pattern: Bullish Reversal from Key Support(Bullish Engulfing) 🏷️ Stock Intro Titan is India’s leading lifestyle & jewellery retailer with brands like Tanishq, CaratLane and Fastrack. Strong brand equity and robust consumer demand keep Titan a long-term structural growth story. 🔎 Price Action Current Price: ₹3,401.20 After a sharp fall from the 3,740 zone, Titan bounced off the bottom range near ₹3,303 with a strong bullish candle & above-average volume (see chart). Key Fibonacci levels: 23.6% at 3,406, 38.2% at 3,470, and 61.8% at 3,573. 🧮 Technical Analysis Trend: Medium-term uptrend remains intact despite recent correction. Volume: Spike to 1.45M signals aggressive buying near support. Momentum: Bullish engulfing candle with open = low indicates strong intraday demand. 🎯 Key Levels Support: 3,346 / 3,297 / 3,255 Resistance: 3,437 / 3,473 / 3,528 Top Range: 3,740 (major breakout level) 📊 Volume & Indicators Bullish VWAP confirmation with BBSqueeze OFF → potential breakout if liquidity holds. 🆕 Latest Update & Growth Outlook FY28 EPS projected ~₹75–76 (21% CAGR). High ROE (~35%) and sustained jewellery demand keep Titan a premium growth play. 💹 STWP Educational Trade Illustration This illustration is only for learning purposes and not a recommendation to trade or invest. Chart Observation: Price action shows a recent bullish reversal near the ₹3,300 support zone with strong volume. Illustrative Setup: A trader studying this pattern might observe a potential entry area around ₹3,418 with a protective stop near ₹3,300 to manage risk. Potential Price Zones: Key resistance zones lie near ₹3,740 and ₹3,850, which could act as future reference levels if the bullish momentum continues. Valuation Outlook: Based on projected FY28 EPS of about ₹75–76 and an illustrative P/E multiple of 70×, some analysts estimate a theoretical long-term fair value band of around ₹5,300–₹5,500, provided growth assumptions hold. ⚠️ Risk Reminder Gold price volatility and discretionary slowdown can impact margins. Premium valuation (~80× trailing P/E) requires consistent earnings growth. 🏁 Final Outlook Titan shows a strong reversal setup backed by robust fundamentals and premium brand positioning. Ideal for positional swing traders and long-term investors seeking compounding stories. 💡 Learning Note: This setup demonstrates how price action + Fibonacci levels + surge in volume can signal a high-conviction reversal trade when aligned with long-term growth fundamentals. ⚠️ Disclosure & Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results. If you are a beginner, treat this as a guide to understand how the market works and practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades. Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments. 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover clean, structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. 👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.” 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:TITANLong
by simpletradewithpatience
Trend Continuation or Breakdown? Technical Analysis OverviewThe chart has formed a symmetrical triangle pattern, which has taken shape over approximately 270 days. This pattern was recently broken, and a new support level has emerged around 713. If the 713 support fails to hold, the next potential downside targets are 703, 695, and 685. However, it's important to note that the stock remains in a broader upward trend, as illustrated by the ascending channel. As long as the price stays within this channel, any pullback toward the lower boundary could present a potential buying opportunity, suggesting a continuation of the uptrend. Caution: If the stock breaks below the channel, the current trend structure would be invalidated, and a fresh analysis would be required to reassess the setup.
NSE:INDHOTEL
by bun19
NIFTY will retest this broken Inverted H&S pattern!! As we can see NIFTY broke below the psychological level of 25000 and also strong demand zone. Despite breaking below the important demand zone, we can see it also closed below the demand zone making it weaker. Hence, we can expect NIFTY to take support at the breakout level or can be said as the neckline of the inverted head and shoulders pattern so one should wait for NIFTY to take support at the neckline for further reversal so plan your trades accordingly and keep watching everyone.
NSE:NIFTY
by Wealthcam
TATATECH 1 Day View📊 1-Day Technical Analysis 📈 Support and Resistance Levels Immediate Support: ₹693.90 Immediate Resistance: ₹704.95 📉 Moving Averages 5-Day Moving Average: ₹696.90 (indicating a short-term bearish trend) 50-Day Moving Average: ₹710.72 (suggesting a bearish outlook) 200-Day Moving Average: ₹688.48 (indicating a long-term bullish trend) 📉 RSI (Relative Strength Index) 14-Day RSI: 33.53 (below 35, indicating an oversold condition and potential for a rebound) 📉 MACD (Moving Average Convergence Divergence) MACD Value: -4.46 (below zero, confirming a bearish trend) 🔄 Overall Technical Indicators Short-Term Outlook: Bearish Medium-Term Outlook: Neutral Long-Term Outlook: Bullish 🔮 Short-Term Forecast The stock is expected to trade within a range of ₹690.89 to ₹704.61 on September 24, 2025, based on the 14-day Average True Range (ATR) ✅ Summary Currently, Tata Technologies Ltd. exhibits a bearish short-term trend with potential for a rebound due to oversold conditions. Investors may consider monitoring for signs of stabilization or reversal before making trading decisions.
NSE:TATATECHLong
by TechnicalExpress
We are heading back to 25000 again!!! EXPLAINEDAs we can see NIFTY again fell strongly which was fueled by Trump's new policy for IT companies which led to this weakness. Further, viewing technically we can also see space for correction till 25000 level which is its next important demand zone which would also be a great area to buy for POSITIONAL view. so plan your trades accordingly as market is now trading at NO TRADING ZONE area which would lead to immense volatility. Better idea would be to wait for price to come at our demand and suppky zones and initiate trades accordingly.
NSE:NIFTY
by Wealthcam
SHRIRAM FINANCE LIMITED ( 1D ) 🔑 KEY LEVELS 🔑 ✔ Fibonacci Retracement 50% ✔ Trend Line Act as Resistance. ✔ RSI Also Overbought Zone. 🎯 TRADING PLAN 🎯 ✔ Near the key levels , Bearish Engulfing Candlestick Pattern has formed. ✔ The Entry Point is @ 625.45 ✔ The Stoploss Point is @ 638.00 ✔ The First Target is @ 577.00 ✔ The Second Target is @ 553.00 💡 A Trader must be Strategic , Patience , Confident , Discipline & Protective. Like A Lion. Disclaimer : All Information is for Educational & Informational Purpose Only. Not a Buy / Sell Recommendation. You are Solely responsible for your Trading & Investment Decisions.
NSE:SHRIRAMFINShort
by AKSHAY369
Nifty weekly expiry analysis for 23/09/2025.Nifty has created 3 consecutive red candle on the daily charts and might touch its 20 EMA. Market is around the All time high levels and chances of profit booking are there. Today, nifty has closed 125 points lower than the pervious close. Major Resistance levels :- 25311, 25438 Support levels :- 25094, 25010 On the hourly charts, the market seems to be taking rejection from the hourly 20 ema and it trading between 20 and 50 EMA. It is trading in a close parallel channel range. If it remains in the range avoid trading or scalp as per the risk appetite. Though nifty has taking down the 50 EMA and there are chance of it tested the higher moving averages soon. Tomorrow is nifty weekly expiry. Wait and watch for the price action near the price levels before entering a trade.
NSE:NIFTY
by TheMamboMomentum
Mazdock Long - Technical AnalysisMAZDOCK Technical Analysis Summary Current Price : 2,985.00 Technical Reasons to Pick MAZDOCK 1 - Dow Theory Confirmation - Higher Highs (HH) - Higher Lows (HL) - Clear uptrend structure maintained 2 - EMA Support Structure - Took support from 100 EMA on a weekly Timeframe - Trading above sorted EMA 100/200 - Strong momentum indication - Bullish reversal from key moving average 4 - A clear Hidden RSI Divergence - Indicates continuation of uptrend - Target 1 : 3,240.00 - Target 2 : 3,502.30 - Target 3 : 3,774.00 - Grand Target : 4,094.00 Risk Management Watch for sustained break below 100 EMA for trend reversal Overall Bias : BULLISH Strategy : Buy on dips near EMA support levels.
NSE:MAZDOCKLong
by earnwhileulearn
1
COFORGE LIMITED ( 1D ) 🔑 KEY LEVELS 🔑 ✔ Fibonacci Retracement 61.80% ✔ Trend Line Act As Resistance. ✔ RSI Also Overbought Zone. 🎯 TRADING PLAN 🎯 ✔ Near the key levels , Bearish Engulfing Candlestick Pattern has formed. ✔ The Entry Point is Below @ 1792.10 ✔ The Stoploss Point is @ 1830.00 ✔ The First Target is @ 1681.00 ✔ The Second Target is @ 1601.00 💡 Never, ever argue with your trading System. Disclaimer : Educational & Informational Purpose Only. Not a Buy / Sell Recommendation.
NSE:COFORGEShort
by AKSHAY369
3
BIOCON LIMITEDPrice recently rebounded from the order block zone (₹340–350) with a strong hammer candle followed by bullish confirmation. Current momentum is pushing price towards the ₹375–380 resistance. Sustaining above this zone can open the way for a rally towards ₹410 (external liquidity zone). The ascending structure and repeated demand from discount zone indicate accumulation by buyers. Support lies at ₹345–350, while short-term stop loss can be considered below ₹340. 👉 In short: Bullish bias; above ₹375 breakout, next target ₹410. Strong support at ₹345
NSE:BIOCONLong
by ChartistHub