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Candlestick Analysis

BRITANNIA INDUSTRIES LTD. – TECHNICAL INSIGHT________________________________________________________________________________ 📊 BRITANNIA INDUSTRIES LTD. – TECHNICAL INSIGHT 📆 Date: July 8, 2025 | 🕒 Daily Chart 📍 Symbol: NSE: BRITANNIA 💡 Educational Breakdown – For Study & Learning Only ________________________________________________________________________________ 🔹 Price Action Overview: Britannia closed at ₹5,884.00, up by +1.95%, forming an “Above the Stomach” bullish continuation pattern just below a key resistance zone. ________________________________________________________________________________ 🔴 Top Range (Resistance): ₹5,899.50 📉 Bear Strength: 53 The price has approached a previous supply zone where sellers have shown resistance. Watch this level closely for either a breakout or rejection. ________________________________________________________________________________ 🟢 Bottom Range (Support): ₹4,506 📈 Bull Strength: 77 This zone acted as a strong demand base in the past, initiating a rally with a sharp volume spike. ________________________________________________________________________________ 🔍 Pattern Focus: Above the Stomach A bullish candle has opened above the midpoint of the previous red candle, suggesting buyer strength. This often signals momentum continuation, especially near breakout levels. ________________________________________________________________________________ 🎯 What to Watch For: ✅ Breakout Confirmation Zone: If price closes decisively above ₹5,900 with volume expansion, it may indicate strength and fresh upside continuation. ________________________________________________________________________________ 🚫 Failure Zone: If price faces rejection near ₹5,900–₹5,920 and forms a bearish engulfing or strong upper wick, short-term profit booking could occur. ________________________________________________________________________________ 📌 Risk Management Tip: Traders typically look for entry above breakout candle high with a stop below recent swing low or candle low. Volume confirmation is essential before considering directional bias. ________________________________________________________________________________ 🔍 Contextual Takeaway: This is a textbook example of price consolidating just below a resistance after a strong trend and forming a bullish candle setup. A breakout or failure here can define the next leg of the move. ________________________________________________________________________________ 📚 Stay objective, wait for confirmation, and let the price lead. ________________________________________________________________________________ Entry Above ₹5,905–₹5,920 (on breakout) Stop Loss ₹5,765 Risk Reward 1:1 | 1:2 + ________________________________________________________________________________ ⚠️ Disclaimer: This analysis is for educational purposes only. STWP is not a SEBI-registered advisor. No buy/sell recommendations are made. Please consult your financial advisor before trading. STWP is not responsible for trading decisions based on this post. ________________________________________________________________________________ What’s your view on BRITANNIA ? Comment below ⬇️ 🔁 Share this if you're tracking the stock ✅ Follow STWP for clean Price Action + Candlestick patterns 🚀 Be Self-Reliant | Trade with Patience | Learn with Logic ________________________________________________________________________________
NSE:BRITANNIALong
by simpletradewithpatience
UNITED BREWERIES LTD. (UBL) – Bullish Setup from Demand Zone📈 UNITED BREWERIES LTD. (UBL) – Bullish Setup from Demand Zone | Price Action + Volume Analysis 🕒 Chart Type: Daily 📆 Date: July 3, 2025 🔍 What’s Catching Our Eye: UBL has printed a strong bullish engulfing candle from the bottom range of ₹1,848, a zone that has historically acted as demand support. This move is happening after multiple tight sessions, suggesting potential breakout energy. While the candle shows strength, volume is unusually low, indicating the need for confirmation before high-conviction entries. 📊 Volume Footprint: Despite the bullish candle, volume is not supportive. The breakout attempt lacks wide participation. This could either be a low-volume trap or a smart money accumulation zone. Look for a follow-up candle with higher volume for confirmation. 🧠 Technical Outlook & Trade Reasoning: UBL has rebounded from its demand zone with a textbook bullish engulfing. Price action suggests momentum may follow, but the lack of volume signals a need for patience. Ideal scenario would be a high-volume green candle in the next session for breakout confirmation. If volume picks up, swing traders can look for entries near ₹1,985–1,995, keeping SL at ₹1,922, and targeting ₹2,080–2,150 in the short term. A sustained move toward ₹2,300 is possible only if the intermediate zones are taken out with strength. 📌 Current Setup Details: Entry Level: ₹1,988.00 Stop-Loss (SL): ₹1,922.20 (Risk per share: ₹65.80) Master Level Confidence: 89.91% (as per STWP system) ⚠️ Invalidation Levels: Close below ₹1,922 (SL level) Breakdown below ₹1,848 (Demand Zone) on high volume ⚠️ Disclaimer: This analysis is shared for educational and informational purposes only. STWP is not a SEBI-registered advisor. This is not a buy/sell recommendation. Always consult your financial advisor before making investment decisions. 💬 Found this helpful? Share your thoughts in the comments ⬇️ 🔁 Spread the insight with fellow traders ✅ Follow STWP for smart technical setups backed by volume and price action 🚀 Let’s trade with patience, logic, and clarity!
NSE:UBLLong
by simpletradewithpatience
Marubozu Candlestick Pattern.....The Marubozu is a unique and powerful single candlestick pattern that signals strong momentum in the market. 📌 What is a Marubozu? A Marubozu candlestick has "no wicks or small wicks" — just a full body from open to close. This shows that the buyers or sellers were in complete control during that period. 🔵 Bullish Marubozu A Bullish Marubozu opens at the low and closes at the high, showing strong buying pressure. It often appears at the beginning of a bullish move or during a breakout. 🔴 Bearish Marubozu A Bearish Marubozu opens at the high and closes at the low, indicating strong selling pressure. It can mark the start of a downtrend or a continuation of bearish strength. 🧠 Interpretation Marubozu patterns are seen as signs of conviction. When spotted at support or resistance zones, they can strengthen breakout signals or confirm reversals. ⚠️ Tip : Always combine Marubozu with volume analysis or other indicators to avoid false signals and improve accuracy. 🔍 Use this pattern to identify strong momentum shifts and trade in the direction of the breakout! Disclaimer : This post is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
OANDA:XAUUSDEducation
by Shivam_Mandrai
2
Gallantt Ispat Ltd - Up Flag PatternGallantt Ispat Ltd. displays a strong bullish setup with multiple confluences suggesting potential upside: 📊 Technical Analysis Summary: ✅ 1. Bullish Flag / Pennant Pattern After a strong uptrend (flagpole), the price is consolidating in a tight descending channel, forming a bullish pennant. These patterns are continuation setups, and a breakout above the upper trendline usually signals a resumption of the uptrend. ✅ 2. Volume Spike There is a clear increase in volume, confirming institutional interest. Breakouts with volume are more reliable—this spike could indicate accumulation before breakout. ✅ 3. MACD (CM_Ult_MacD_MTF) MACD line is above the signal line and both are rising, indicating positive momentum. Histogram turning blue and increasing, further confirms bullish momentum. ✅ 4. Entry/Exit Setup Entry zone: Around ₹554.70 (current price), or on breakout above ₹562.40. Stop loss: Around ₹523.75 (below pattern and recent support). Target: ₹639.80 (based on flagpole projection). 🧠 Trade Idea: Risk-Reward: Favorable (Approx. 1:2.7 R:R). Ideal Entry: Wait for breakout candle with high volume above ₹562.40. Safe Entry: Enter in retest after breakout, if it occurs.
NSE:GALLANTTLong
by prajapatiamit
1
Precision Meets Patience | SAKSOFT Chart WTF🔻 A clean Control Trendline (CT) drawn from the all-time peak (🔺) on the Weekly Time Frame (WTF) shows a long-term price memory resistance finally getting tested. 📏 Overlapping that is a hidden horizontal resistance (⚪ dotted white line), representing the final hurdle before the stock can challenge the supply zone. 🟧 Mother Candle Structure: A powerful consolidation candle has now been broken with strength, giving us structure + intent in one move. 🔊 Volume speaks! We’ve seen two separate clusters of high volume, confirming active participation—not a lonely breakout. 📈 The trendline from bottom left is giving both body and wick supports—a technically clean angle where structure meets sentiment. 📝 Note: This is a structural breakdown meant for educational and analytical purposes. Not a forecast or recommendation.
NSE:SAKSOFTLong
by Averoy_Apoorv_Analysis
2
ITC will start going downwards soonTECHNICAL INDICATORS - DOUBLE TOP PATTERN : Recently NSE:ITC has formed a double top pattern indicating strong bearish potential for the stock Double top is formed when 2 consecutive peaks are formed with a dip or low between them HANGING MAN CANDLESTICK : The stock has also formed a hanging man candlestick which denotes reversal of upward trend to downward trend Hanging man is formed when a candlestick has long lower shadow and small upper body at the top STRONG SUPPORT-RESISTANCE ZONE : The stock has also taken reversal from a very strong support-resistance zone twice in the last 1 month indicating very stong momentum for the stock to go downwards PROFIT TARGET : 411 STOP LOSS : 435
NSE:ITCShort
by peace_lover
2
BLUE STAR LTD. – TECHNICAL ANALYSIS📈 BLUE STAR LTD. – TECHNICAL ANALYSIS 📆 Date: July 1, 2025 | ⏱ Timeframe: Daily Chart 🔍 Educational Breakdown – For Learning & Study Use Only ________________________________________________________________________________ 🔹 Price Action Zones • 🔴 Top Range (Resistance): 2417 • 🟢 Bottom Range (Support): 1521 ________________________________________________________________________________ 🔹 Chart Pattern: ✅ Rectangle/Box Consolidation Breakout – Price was range-bound in a tight zone and has given a strong breakout on high volume, indicating bullish intent. ________________________________________________________________________________ 🔹 Reversal Candlestick Patterns • Top Range (2417): ⛔ No recent candlestick activity visible at the top range. • Bottom Range (1521): Todays Candle ✅ Bullish Engulfing + Strong Bullish Candle ✅ RSI Bounce + Volume Spike ✅ Confirmed by Price Action and Momentum Indicators ________________________________________________________________________________ 📊 Trade Plan (Based on Reason and Logic) 🔼 Bullish Trade Setup: • Entry: 1715 (Breakout Candle Close) • Stop Loss: 1614.45 (Below consolidation and bullish candle) • Target 1: 1850 • Target 2: 1980 • Reason: o Strong breakout with above-average volume o Multiple confirmations (RSI, Bollinger Band, Supertrend) o Box breakout with previous supply cleared ________________________________________________________________________________ 🔽 Bearish Trade Setup: • If price fails to sustain above 1715 and closes back below 1680 zone • Entry: Below 1665 (Fakeout confirmation) • SL: Above 1715 • Target: 1615 / 1550 • Reason: Potential failed breakout & liquidity trap ________________________________________________________________________________ 📌 Disclaimer This analysis is shared for educational and study purposes only. It does not constitute investment advice. The author is not SEBI-registered. Please consult a SEBI-registered advisor before making trading decisions. Always use proper risk management and trade only with confirmation. ________________________________________________________________________________ 💬 Comments What’s your view on Britannia? Drop your thoughts and chart setups ________________________________________________________________________________
NSE:BLUESTARCOLong
by simpletradewithpatience
6
BRITANNIA INDUSTRIES LTD. – INTRADAY ZONE ANALYSIS📈 BRITANNIA INDUSTRIES LTD. – INTRADAY ZONE ANALYSIS 📆 Date: July 1, 2025 | ⏱ Timeframe: 15-Minute Chart 🔍 Educational Breakdown – For Learning & Study Use Only ________________________________________ 🔹 Price Action Zones 🔴 Top Range (Resistance): ₹5869.50 🟢 Bottom Range (Support): ₹5721 ⚪ Neutral Zone: Between ₹5732 – ₹5804 (No clear directional bias until breakout from either zone) ________________________________________ 🧩 Chart Pattern: No There’s no prominent chart pattern (e.g., flag, wedge, triangle) seen in the current snapshot. This is primarily a demand-supply structure with price action analysis. ________________________________________ 🔁 Reversal Candlestick Patterns: 🔴 Top Range: No textbook reversal candle observed yet. However, the previous rejection from ₹5822–₹5804 still makes this zone valid for bearish observation. 🟢 Bottom Range: ✅ Morning Star pattern identified near ₹5721. This is a strong bullish reversal pattern indicating potential buyer strength emerging from the demand zone. ________________________________________ 🧠 1. Trade Plan (Based on Reason and Logic) 🔼 Bullish Trade: Idea: Go long if price retests ₹5732–₹5721 and holds with bullish confirmation (preferably another higher low or volume spike). Stop Loss: Below ₹5715 Risk-Reward: 1:1 | 1:2+ Logic: Presence of a valid Morning Star reversal at demand zone suggests buyer strength and potential upside toward ₹5800+. ________________________________________ 🔽 Bearish Trade: Idea: Short if price rallies to ₹5822–₹5804 and shows rejection (bearish wick, reversal candle, volume drop). Stop Loss: ₹5827.25 Risk-Reward: 1:1 | 1:2+ Logic: Previously reacted supply zone with strong rejection. If tested again without volume confirmation, short setup is valid. ________________________________________ 📦 2. Trade Plan Based on Demand/Supply Zones 🟥 Supply Zone: ₹5822 – ₹5804 SL: ₹5827.25 Plan: Enter short only if price rejects the zone again with bearish confirmation. Risk-Reward: 1:1 | 1:2+ 🟩 Demand Zone: ₹5732 – ₹5721 SL: ₹5715.60 Plan: Enter long if the zone holds, ideally using the Morning Star as confirmation. Risk-Reward: 1:1 | 1:2+ ________________________________________ 📌 Disclaimer This analysis is shared for educational and study purposes only. It does not constitute investment advice. The author is not SEBI-registered. Please consult a SEBI-registered advisor before making trading decisions. Always use proper risk management and trade only with confirmation. ________________________________________ 💬 Comments What’s your view on Britannia? Will the Morning Star at the demand zone lead to a reversal, or will supply pressure dominate again? Drop your thoughts and chart setups below 👇 ________________________________________
NSE:BRITANNIA
by simpletradewithpatience
1
Tweezer Top and Tweezer Bottom Candlestick PatternsTweezer Top and Tweezer Bottom are powerful reversal candlestick patterns often spotted at the end of trends. 🔻 Tweezer Top Appears at the top of an uptrend. It consists of two consecutive candles with similar highs. The first candle is usually bullish, followed by a bearish candle of almost the same high, signaling a potential bearish reversal. 🔺 Tweezer Bottom Appears at the bottom of a downtrend. It consists of two candles with matching lows. The first candle is bearish, followed by a bullish candle of nearly equal low, indicating a possible bullish reversal. 📌 Key Characteristics: • Both candles have equal highs (top) or lows (bottom) • Second candle shows hesitation or rejection of the previous trend • Often found near resistance or support zones • Works best with volume confirmation or other confluence signals Disclaimer : This idea post is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
OANDA:XAUUSDEducation
by Shivam_Mandrai
Engulfing Candlestick Pattern Explainedthe engulfing candlestick pattern is a powerful price action signal used by traders to identify potential reversals in the market. it consists of two candles: 🟢 bullish engulfing * occurs during a downtrend * the first candle is bearish (red) * the second candle is bullish (green) and completely engulfs the body of the first candle * it signals a potential reversal to the upside 🔴 bearish engulfing * occurs during an uptrend * the first candle is bullish (green) * the second candle is bearish (red) and completely engulfs the body of the first candle * it signals a potential reversal to the downside 📍 key points to remember * the second candle must fully engulf the body (not just the wicks) of the first candle * higher volume during the engulfing candle increases its reliability * it works best when combined with support and resistance levels or trendlines 💡 confirmation always wait for confirmation before entering a trade. for bullish engulfing, a break above the high of the engulfing candle is ideal. for bearish engulfing, a break below the low adds strength to the signal. 📈 How to use it ? many traders use this pattern as part of their entry or exit strategy. combining engulfing patterns with indicators like rsi, moving averages, or trend filters can improve accuracy. ⚠️ risk management like any pattern, engulfing candles are not 100% accurate. always use proper risk management and stop-loss placement to protect your capital. Disclaimer : This Video is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Education
by Shivam_Mandrai
3
Bullish and Bearish harami candlestick patternthe harami pattern is a two-candle reversal formation seen on candlestick charts. it reflects indecision and a possible shift in momentum, making it useful for spotting early signs of a trend change. 🔵 bullish harami this pattern forms during a downtrend. the first candle is a large bearish one, followed by a smaller bullish candle that fits completely within the body of the first candle. this shows that selling pressure is weakening and a potential upward reversal may occur. 🔴 bearish harami this pattern appears during an uptrend. the first candle is a strong bullish one, followed by a smaller bearish candle that is completely inside the previous candle’s body. this suggests that buying strength is fading, and a downward move might follow. 📌 key characteristics * second candle is smaller and opposite in direction * body of the second candle is fully within the body of the first candle * confirmation from volume or the next candle increases reliability ✅ usage tips * combine with support and resistance levels or trendlines * look for confirmation from indicators like rsi or macd * avoid using it alone in sideways or noisy markets Disclaimer : This post is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Education
by Shivam_Mandrai
3
Weekly CT Breakout + 200EMA Flip | GALAXYSURF Structure📉 Main CT Line (Dotted White) A well-defined counter-trendline finally gave way after weeks of price compression. The breakout was clean, with a strong bullish candle closing decisively above it. 📊 Volume Confirmation Breakout candle posted a solid spike in volume — the highest weekly volume in months. 💥 📈 200 EMA Broken (Blue Line) Price has also cleared the 200-week EMA, a key dynamic resistance, now potentially flipping to support. 📉 🟧 Higher Timeframe Supply (Orange Line) / ⚪ (White Lines) The breakout candle has also stepped into a tight zone between Weekly + Monthly supply, marked by the orange line. 📌 As always, the chart tells the story. No predictions. No assumptions, just structure.
NSE:GALAXYSURFLong
by Averoy_Apoorv_Analysis