Candlestick Analysis
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.
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.
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Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
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
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 📊
$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.
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 .
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.
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.
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.
EURCHF LONGHey everyone
Im looking for a Buy after we break the Daily/4H resistance and retest from it but also we have mulitple confirmation:
1) Daily bullish, 4h bullish
2) after we break above our daily support we went down to retest our 61.80% Fib level
3) break our counter trend line and retest it
4) we need to break above our Daily/4H resistance level and wait for an engulfing bullish 1h/30 and then will get in
Good luck!!
Not all lines are Trends: Post about proper Trendlines
Introduction-:
Trendlines are often the first tool traders learn and ironically, one of the most misused. Drawing a line between two swing points may look convincing, but that doesn’t make it meaningful. A right trendline is not just about connecting dots it’s about capturing the heartbeat of the market.
In this post we will learn how to draw high quality trendlines that align with price structure, reflect momentum, and provide reliable trade signals. Whether we are scalper, swing trader, or positional analyst, mastering this skill will bring more clarity and confidence to your chart reading.
1-:What Is a Trendline Really ?
A trendline isn't just a visual reference it’s a dynamic tool that reflects the direction and strength of a trend. Think of it as the price path of least resistance.
a) Identify areas of value for entry
b) Highlight potential reversal or breakout zones
c) Keep your analysis structured and disciplined
2-: Anatomy of a Right Trendline
a) Three Touches Minimum
A trendline with just two points is a projection. Once it gets a third touch or more, it becomes validated a level that other traders are likely watching too.
b) Wicks or Bodies Choose One, Use wicks when volatility is high or you're analyzing intraday charts and use bodies for cleaner structure in swing setups
Mixing both can distort your view so choose one and stick to it per chart.
c) Don’t Cut Through Candles, a forced line that slices through multiple candles is a biased line. Let the trendline hug swing points naturally without imposing your view on the market.
d) Respect the Slope, steep trendlines often mark emotional moves that don’t last. Shallow trendlines suggest controlled trends better for swing trades. Avoid extremes a flat or vertical line is usually unreliable.
3-: Timeframe Relevance
Always start with higher timeframes Daily or 4H to draw the main trendline. These longer-term lines attract more volume and institutional attention. Then shift to lower timeframes to refine your entries, keeping the higher-level structure in view.
4. Use Trendlines with Context for Better Accuracy, Trendlines become far more powerful when aligned with other tools, Some examples below.
Horizontal support and resistance can confirm trendline levels
Volume spikes can validate breakout or pullback setups
Divergence in RSI or MACD can signal weakening trend strength
Chart patterns like flags, triangles, or head-and-shoulders often form around key trendlines
The more layers of confirmation, the better your odds.
5-: Using Trendlines for Trading Decisions
a) Pullback Entry
Wait for price to touch the trendline and show a strong reaction (engulfing, pin bar, etc.). These setups offer high R:R with clear invalidation.
b) Break and Retest
A clean break below or above the trendline, followed by a retest, often marks trend continuation or reversal. Wait for confirmation before entering.
c) Logical Stop Placement
Place your stop-loss just outside the trendline’s opposite side. This approach is more rational than random pip buffers or fixed risk.
6-: Trendlines That Trap Traders
Not all breakouts are real. Sometimes price will breach a trendline just enough to trigger stops and then snap back so how to avoid the trap.
Don’t trust every breakout
Confirm with volume or candle structure
Watch for failure-to-follow-through patterns
Patience often reveals whether a move is genuine or manipulation.
Conclusion
The right trendline is not just a drawing it’s a tool that reflects the psychology of the market.
It helps you trade what the market is showing, not what you hope to see. Don’t draw lines to fit your bias. Let price action speak, and draw lines that the market itself respects.
Thanks for reading. If this added value, a like would be encouraging.
Regards- Amit.
Nestle India: Multiple times resistance and Breakout and retestNSE:NESTLEIND
Resistance becomes Support !
This has shown multiple times resistance levels see the red arrows on chart, on 9th Apr 2025 script has shown the breakout with increased volumes, on 09th May script has shown the Bullish candle at the previous resistance level which will work has support.
Buy above the high of Bullish candle at 2351
SL at 2269
Target at 2473.






















