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Candlestick Analysis

Trend Reversal Rejection Strategy | Higher High + Candle Confirm🔍 Idea Summary: This strategy focuses on identifying trend reversal zones using classic Higher High (HH) and Lower Low (LL) structures followed by rejection confirmation candles. 🔻 Short Setup: Price forms a Higher High. Wait for a rejection candle (long wick, body closes inside previous range). Confirm structure break and take short entry on confirmation. ✅ Example: On the left side of the chart, price printed a HH, followed by a strong rejection candle. That led to a clean move downward. 🔺 Long Setup: Price forms a Lower Low. Watch for a rejection candle near key support. Enter long trade after confirmation. ✅ Example: Mid-chart shows price breaking to LL, then instantly rejecting with a strong bullish candle. Followed by a sustained move up. 🔴 Current Price Action: Price is testing a potential new Higher High. 📌 Strategy suggests: Wait for a bearish rejection candle before shorting! 📈 Strategy Benefits: Avoids impulsive entries Combines structure with candle logic Great for reversal traders and range scalpers 🔥 Like & follow for more real-time trading ideas! 💬 Drop your thoughts or questions below – let’s grow together, traders! 💪 #ETHUSDT #PriceAction #RejectionCandle #TrendReversal #SupportResistance #Scalping #TradingStrategy #Crypto #ChartPatterns #TechnicalAnalysis
Short
by cryptovarthagam
Expecting a nice move on Nifty weekly expiry 07/08/2025.Nifty for the last three days is forming an inside candle, chances of it moving either side is high. If the market starts trading below 24510, it may test the pervious support around 24230 and another levels below it. On the higher side, trade can only be initiated only once 24650 levels are taken out. In case of a gap down wait for the retest of the support zone that will act as the resistance now. Enter trade only once the setup triggers. Major resistance levels :- 24660, 24733 Support levels :- 24500 (psycological level), 24228 Hourly Moving averages are above the closing price while the Daily 100 EMA is around the closing leves, which can act as the support else it can come to test the 200 EMA (24200). Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Zinka Logistics Sol Ltd : Daily Chart Breakout from Darvas BoxThis chart shows the daily price action of Zinka Logistics Sol Ltd (NSE) with a focus on recent technical developments: • Darvas Box Pattern: For several months, the stock price traded sideways within a well-marked “Darvas Box” range, approximately between ₹400 and ₹549.30. This represents a consolidation phase where the stock found both support and resistance within this zone. • All-Time High Resistance: The yellow dashed line at ₹549.30 marks the previous all-time high (ATH) level, acting as a critical resistance point. • Breakout and Volume Surge: On the latest trading day, the stock price sharply broke above the ATH resistance, closing at ₹561.25—a gain of 15.66%. This move was supported by a significant spike in trading volume, as shown at the bottom of the chart, which reinforces the breakout’s strength. • Bullish Signal: Such a breakout from a long consolidation within a Darvas Box, particularly on elevated volume, is typically interpreted by traders as a strong bullish signal, suggesting the start of an upward trend. • Indicators: The chart also includes a moving average line (light blue) that underscores recent momentum and trend direction.
NSE:BLACKBUCK
by TradeTravel_Explore
Positional or Long-term Opportunity in CampusGo Long @ 291.55 for Targets of 367.9, 418.8, and 469.7 with SL 266.1 Reasons to go Long : 1. On weekly timeframe stock gave Trendline breakout (marked with red color). 2. If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.382 Fibonacci level. 3. In addition to this, the stock formed a Bullish Engulfing Pattern (marked with a orange color) around 0.382 Fibonacci level.
NSE:CAMPUSLong
by Nimish_Ghagare
Silver Futures – Bearish Reversal in Progress Silver Futures – Bearish Reversal in Progress Description: Silver is showing a strong technical reversal across timeframes. Short-term correction looks likely. Technical Setup: Daily: Evening Star + Bearish Engulfing Flattening EMAs Volume and MACD confirming momentum slowdown Weekly: Gravestone + Southern Doji near resistance RSI close to overbought EMA slope still up, but weakening signs visible Macro View: No major bearish macro trigger — Fed dovish, USD stable, inflation low. → This is likely a technical pullback, not a fundamental reversal. Trade Plan: 🔻 Breakdown Level: ₹114,560 🎯 Targets: ₹107K → ₹101K → ₹93K 🛑 SL: ₹116,000+ Caution: No position without breakdown confirmation.
MCX:SILVER1!Short
by Punit190
Sbilife Getting ready for the rally ahead?!!!Chart patterns suggest me the above titled opinion 1. Weekly time frame shows a three white soldiers (month of april 2025) with good volume support....now the consolidation happening 2. In daily time frame, it is travelling in a expanding channel pattern , currently at the support line at the bottom 3. We need a confirmation for the rally with a Breakout candle....which we can expect during the result release. 4.If we make our entry now, we can make our stoploss as daily candle close out of the channel 5. Best entry is to wait for the Breakout and enter with SL below the breakout candle 6.Target levels as mentioned in the chart. With strong fundamentals and decent valuations, Sbilife is one of the best options for long term bet in the insurance sector!!! This is just my opinion ....not a tip nor advice.. Thank you!!!!
NSE:SBILIFELong
by mmjimm
Nifty Support & Resistance Zones – 24th July 2025Based on today’s price action and high-probability cluster zones, here are the key levels to watch for tomorrow: Resistance Zones: 25516 – 25523 25408 – 25410 25314 – 25317 25228 Support Zones: 25140 – 25150 25054 – 25060 24931 – 24939 24823 – 24864 Technical Outlook: Nifty successfully broke above the 21 EMA of the Daily Timeframe, indicating a shift in short-term momentum back in favor of buyers. This breakout was supported by strong bullish candles and higher closes throughout the session. As long as price sustains above 25140, the upward momentum may extend toward 25314 and 25408. A failure to hold above 25054 would weaken the structure and invite a retest of lower support zones. Monitor price behavior around 25228 for intraday breakout or rejection opportunities. Watch these zones closely for potential price reactions, breakouts, or reversals. Use them with intraday confirmation and volume analysis for effective trade setups.
NSE:NIFTYLong
by chaitu50c
Flag + W Pattern Combo on Monthly! | #SagCem On Radar🔍 #OnRadar #SagCem (Sagar Cements Ltd.) 🚩 Flag + W Pattern Combo on Monthly! 📈 Chart Timeframe: Monthly & Quarterly (Educational Observation Only) 📊 Technical Structure Overview: A rare confluence of bullish patterns spotted: 🚩 #FlagPattern — classic continuation structure 🔻🔻 #WPattern (Double Bottom) — bullish reversal signal 🔼 Both developing inside a long-term #AscendingChannel 🎯 Potential Pattern Projections: Flag Target: 560+ W Pattern Target: 450+ 🛡 Support Zones: 255 234–209 (Demand cluster) ❌ Pattern Invalidation: Below 155 on Monthly Closing Basis (MCB) 🧠 Educational Note: When multiple bullish structures align on higher timeframes, they often lead to explosive moves—if validated by breakout and volume. ⚠️ Disclaimer: This is not a buy/sell recommendation. Shared strictly for educational and technical study purposes. Always consult your financial advisor before acting on any market insights. #PriceAction | #TechnicalAnalysis | #ChartPatterns | #FlagPattern | #Wpattern | #AscendingChannel | #InsideBar | #LongTerm
BSE:SAGCEMLong
by Stocks_Mario