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Candlestick Analysis

NetApp Inc shows bullish candlestick in larger timeframeNASDAQ:NTAP price action shows bullish candlestick pattern in the Monthly Chart. As well as in Weekly chart, it shows steady rejection and showing a sideways consolidating trend. Lets analyze first weekly timeframe: We can see during April'25 (Tariff Trauma weeks) the price made a low of $74, breaching down the $80 mark. But within one week it again regains back the strong, historical demand zone of $80 and continue it's upsurge towards $100. It made a recent weekly high of $102. Last 3 weeks was a consolidating around $97 to $100 level, keep on honouring the support of $97. Last week, during timid FY24-25 Q4 earnings, we can see it falls back to $94. And seen a rejection there during last trading session of Friday, 05/30 and close the week with a Dragronfly dozi candlestick pattern (albeit the body color is red). Still the bottom rejection wick and holding back $97 is a sign of 'don't give up so easily'. Whereas in monthly timeframe, it shows absolute bullishness: The April month candle was a book-perfect Dragronfly doji. This May month candle is a super bullish (sort of) Marubozu candle, even the low is above the last monthly close. It's indicates a confirmative bullishness in monthly Verdict: This NASDAQ:NTAP counter is expected to be sideways-to-bullish in coming weeks. Immediate Support levels are: $97, $89 (200 WSMA), $80. There is no reason of it getting close below $80. That's becomes the new normal Low of the counter. It's going through a typical consolidation and distribution phase for gathering new energy to resume it's upmoving in coming medium terms. Stay Invested or Keep on accumulating , specially on every dips.
NASDAQ:NTAPLong
by pradipandsuvra
ABB India Ltd (NSE: ABB) LONG**ABB India Ltd (NSE: ABB)**: **Chart Analysis** * **Trendline Support:** The stock has been respecting a long-term rising trendline since mid-2020. * **Recent Reversal:** A bullish engulfing candle has formed near this trendline support in the latest month (May 2025), closing at ₹5,960 with a **+7.92% gain**. * **Correction Phase:** The stock has corrected significantly from the all-time high around ₹9,179 (marked with a dashed blue line). * **Support Held:** The recent low aligns well with the trendline, suggesting the correction might be ending.
NSE:ABBLong
by Trade_With_Harpreet
Chambal Fertilizers – High RR Trade Setup FormingChambal Fertilizers price has dropped sharply and is now reacting from a strong demand zone between ₹570–₹579, which earlier acted as a base for a major rally. This area has been respected in the past and shows signs of absorption. Today’s candle shows a pause in selling, hinting at a possible reversal. Entry is taken near ₹594 with tight risk below ₹570 (marked invalidation zone). If demand steps in upside targets are minor resistance around 630, TGT 1: ₹633 – major supply zone TGT 2: ₹706 – full mean reversion if strength sustains This setup offers a high risk-to-reward ratio with a clearly defined stop-loss and structure. Keeping it simple zone is valid, price is reacting, R/R is strong. All eyes on follow-through. Chambal Fertilizers – Strong Business, Low Risk Chambal is one of the biggest private fertilizer companies in India. It supplies urea and other Agri Products to farmers across the country. Here’s why it stands strong: Stable revenue: ₹28,000 Cr+ in FY24 Good profit: Net profit of ₹1,300 Cr+ Low debt: Debt-to-equity around 0.6, very manageable Healthy cash flow: Business generates steady cash, even in tough markets Govt support: Gets regular subsidies from the Indian government Essential sector: Demand stays strong because farmers always need fertilizers Chambal may not be a flashy stock, but it's reliable. Good fundamentals + technical setup = smart long-term opportunity. Like, comment your thoughts, and share this post! Explore more stock ideas on the right hand side your feedback means a lot to me! Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
NSE:CHAMBLFERTLong
by iVishalPal
Cycle Conflict in BTC — Long Bias Despite Bearish Price Action📊 Cycle Structure: ⬆️ HWC (Higher Wave Cycle): Bullish ⬆️ MWC (Middle Wave Cycle): Bullish 🔁 LWC (Lower Wave Cycle): Ranging (Neutral, no clear direction) 📌 Always keep cycles in mind — they are key tools to understand both long-term and short-term trends and help us manage risk better. 📉 Price Action Inside the Channel: Price is moving inside a defined channel. We’ve seen about 6 touches to the channel bottom, but the 5th and 6th touches were weak and didn’t even reach the mid-channel line. This shows buyer weakness at the support zone. Candles and volume also indicate bearish pressure. 🔄 Conflicting Signals: Cycles suggest avoiding shorts and keeping a long bias. But the channel and bearish pressure indicate a possible breakdown. ⚠️ Risk Management: This is where risk management saves the day! Enter long with low risk. Place a tight stop loss so if price moves against us, we exit fast. If the market moves in favor of longs, we can quickly take the position. Also, quick profit-taking is advised since this move contradicts the cycle signals. 📍 Key Level: 105,250 — This level can trigger strong reactions but it’s not a confirmation for long entries. It’s mainly a good zone for taking profits and managing positions. 📌 If you want me to analyze a specific coin or pair, just drop a comment. ⚠️ Without proper risk management, you’re just a ticking time bomb. — PXA
by parsa_xa
LINK 4H Analysis — Sixth Test Incoming: Can the Resistance Final⏱ Timeframe: 4H Key Resistance: $16.50 (1H-based level) Number of Touches: 5 prior touches, 6th approaching 🔍 Market Context The $16.50 resistance zone has been tested five times, and we’re now approaching the sixth test. ➤ According to price action principles, the more a level is tested, the weaker it becomes — increasing the probability of a breakout. The last reaction (5th touch) was weak, indicating that sellers may be running out of strength. Bullish momentum is strong — a cluster of strong bullish candles adds pressure toward the upside. If you're looking for short setups, this analysis might not suit your bias — the market structure and flow are tilted upward. 💡 Entry Scenarios Aggressive (Riskier) Entry: Place a buy stop order slightly above $16.50 — anticipate a breakout. Conservative Entry: Wait for a 1H candle to close clearly above $16.50 to confirm the breakout, then enter. 🛡 In both cases, proper risk management and a clear stop-loss plan are essential. 🔄 Macro Influence BTC Dominance (BTC.D): Currently pulling back, indicating strength in altcoins. LINK/BTC Pair: Recently broke a descending trendline and confirmed it with a pullback — adding confluence for further upside. 💡 Watching how BTC.D and LINKBTC behave in parallel with LINKUSDT can give you powerful multi-angle confirmation. 💬 Want another coin analyzed? Drop it in the comments — I’ll pick from there. ⚠️ Without proper risk management, you're just a ticking time bomb. — PXA 📊
Long
by parsa_xa
$BTC Facing Strong Rejection – Correction Ahead?CRYPTOCAP:BTC is showing clear rejection signs from the trendline near the key resistance zone around $107,000, replicating the December 2024 - January 2025 structure. Hanging Man candle near resistance Bearish RSI divergence MACD bearish crossover Weak buying pressure vs growing selling volume Stochastic RSI fading out one retest around 97000$ If $90K support breaks, watch out for a deeper drop toward $60K. Market structure suggests a smart correction is brewing. Don’t ignore the signs.
BINANCE:BTCUSD.PShort
by crypto_vulture_signals
1
HDFC Bank confirm target 1970 in 2025 HDFC Bank confirm target 1970 in 2025 HDFC Bank's stock presents a potential upside ranging from approximately 9% to 23% over the next year. The bank's strong financial performance and positive analyst sentiments support this optimistic outlook. Analyst Price Targets for 2025 1. Motilal Oswal: Recommends a 'Buy' rating with a target price of ₹2,050, suggesting a potential upside of approximately 21% from the current price .​ 2. Prabhudas Lilladher: Maintains a 'Buy' recommendation with a target of ₹2,025 .​ 3.Trendlyne Consensus: Reports an average target of ₹1,972.27 based on inputs from 12 analysts .​ 4.TradingView Forecast: Provides a median price target of ₹2,034.19, with estimates ranging between ₹1,627 and ₹2,660 .​ All-Time High The stock made an all-time high slightly above ₹1,900, which acts as a psychological and technical resistance Overall Market Condition and HDFC bank Trend are Bullish , So It Will Easily Achive Target of 1970 .
NSE:HDFCBANKLong
by manojshinde27
2 Candlestick Patterns That Actually Work — when used right !Intro: Most traders learn candlestick patterns from cheat sheets — Engulfing, doji, hammer, shooting star… But not all patterns are created equal. The key isn’t memorizing names — it’s understanding which ones hold real weight when used with structure. Here are 2 powerful candlestick patterns that can shift the game — if you know when to trust them. ⸻ 1. The Rejection Wick with Body Close Inside Structure (a.k.a. Rejection Candle) What It Looks Like: • A long wick that pierces above/below a key zone • Candle body closes back inside the range • Usually forms at OB, FVG, or liquidity sweep zones Why It Works: • It shows trapped traders and smart money rejection • Confirms a false breakout and reclaim of intent • Often leads to strong reversals or clean follow-throughs When To Use It: • After liquidity sweep • Near HTF zone (OB / supply-demand) • When followed by structure shift or BOS Pro Tip: Combine with session awareness (NY / London open) for killer confluence. ⸻ 2. The Inside Bar (Breakout Continuation Bar) What It Looks Like: • A small candle completely inside the range of the previous candle • Price consolidates within one bar’s high-low range • Often signals coiled pressure Why It Works: • It shows price resting before continuation • When it forms near structure (OB or demand), the breakout that follows is often explosive • Stop-loss is easy to place (above/below the mother bar) When To Use It: • After a BOS or clean impulse • As a continuation signal on HTF • Inside compression → expansion zones Pro Tip: Trade the breakout of the inside bar with bias confirmation — not in both directions. ⸻ Final Word: Candlestick patterns don’t work on their own. They work when: • Context is clear • Liquidity has been handled • Market structure aligns If you trade candles without logic, you’re reacting to emotion. But when you pair them with narrative and zones? They become weapons.
PEPPERSTONE:XAUUSDEducation
by sparkrlight
1
DYCL RSI Breakout - D timeframeDYCL Dynamic cables daily chart. After exiting parallel channel, DYCL made double top formation and fell 41% breaking down neckline during Jan-Mar '25 correction despite good Q3 result YoY. Now Daily chart displaying double bottom formation in price chart and RSI. Mar 18 shows bullish harami and Mar 19 shows inverted hammer. Bullish patterns in daily chart. So far volume isn't satisfactory. May 17 (this week) Weekly chart shows hammer pattern, but RSI is taking nose dive. Let's see if daily chart makes the weekly chart better in upcoming days. Considering demand in cables, DYCL is a good bet. I don't think recent entry of big player (Ultratech cement) to cable industry would affect much atleast for next year.
NSE:DYCLLong
by naraykln
Escorts Kubota Ltd (NSE: ESCORTS) **Trade Idea – Escorts Kubota Ltd (NSE: ESCORTS)** **Chart Setup:** Weekly timeframe **Current Price:** ₹3,523 (as of May 13, 2025) **Technical Structure:** * The stock has bounced sharply (+12.5%) from a **long-term trendline support**. * The trendline is aligned with a strong **horizontal demand zone** (\~₹2,800–3,100), which has held since early 2024. * Structure indicates accumulation near support with bullish momentum resuming.
NSE:ESCORTSLong
by Trade_With_Harpreet