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Candlestick Analysis

Banknifty analysis for the upcoming movement in the index.Banknifty has been trading in a range for a long time and is now trading around the support levels of 56600. The RSI indicator on the daily charts is showing some bearish divergence and today the market has taken a halt after 2 days of fall. If the market starts travelling on the lower side there are chances of testing the lower support level of 56120. The market has been trading in a range of 56600 to 57600. And the support is tested many a times. Bullish trades can be initiated for intraday play only once the market starts sustaining above today's high of 56900. Moving averages are also forming a resistance gate around the resistance level. Watch for the breakout and enter only on the retest of the levels. Major support levels :- 56600, 56270, 56120 Resistance levels :- 56900, 57285 Wait for the price action and trade according to the price action.
NSE:BANKNIFTY
by TheMamboMomentum
Nifty ready to Bounce As mentioned in Friday’s commentary — a gap-down was expected in NSE:NIFTY , and that’s exactly what we saw. I highlighted that the gap-down could happen below 25285 — and the market opened at 25255. A bounce was expected near 25333 — and the bounce actually came, up to 25322. It was clearly stated that selling should be done on bounce — and from there, the market dropped nearly 180 points from the high. In short — the analysis played out exactly as planned. Now, since everything is moving as per plan, it would be incorrect to assume that the market has turned bearish. The Nifty chart is simply indicating that due to the earnings season, institutional money is rotating from one set of stocks to another. So, this is not a downtrend or a selloff — it’s just a basic quarterly rotation which mutual funds are required to do every quarter as part of their rule-book. Funds are being booked from run-up or overbought stocks, and re-invested into undervalued stocks — stocks that are now setting up for a fresh move and belong to stronger indices or sectors. ✅Your focus should be on spotting such stocks and sectors early. Now, coming to Friday’s Nifty candle — it’s showing a bullish hidden divergence. Which means — there’s a high probability of a strong bounce. However, there’s a caution: the first one hour of the market might remain sideways or slightly bearish. So avoid early entries — wait for a clear bounce signal. Let’s talk about the key technical levels: Resistance: 25225 — once crossed, the next resistance is at 25350. Support: 25125 — if this breaks, index may fall to 25071, and further to 24955 if pressure continues The time-wise correction seems almost complete — and next week looks promising for a solid move. Sector-wise, IPOs, Healthcare, FMCG, and Pharma are currently showing the most strength. Speaking of NSE:BANKNIFTY — it has already shown the first sign of bounce by holding support at 56600. Immediate resistance is at 56900. From today, you can start scanning for strong breakout stocks — like NSE:HPL That’s all for today’s commentary. Take care. Have a profitable tomorrow.
NSE:NIFTYLong
by Trendxinc
3
Inside Bar Ignites a Clean Breakout🟢 Simple Breakout Structure | Supply-Demand Flip ✅ Strong demand zone formed after multiple rejections 🔻 Previous supply zone clearly respected 📉 One active counter-trendline broken 🔍 Breakout of mother candle with an inside bar setup 📈 Volume expansion on breakout 🟠 Also broke a hidden resistance line, adding confluence 🧭 Chart structure remains smooth and clear, respecting zones well No predictions. Just structure.
NSE:EIELLong
by Averoy_Apoorv_Analysis
We Might See 25000 Level Testing in Nifty Today's price action in NSE:NIFTY formed a classic Supply Candle—indicating strong seller dominance with hardly any buying interest throughout the session. Heading into tomorrow, we are likely to witness one of two potential scenarios: Scenario 1: We may open with a gap-down, driven by the pressure of today’s supply. If that happens, expect the opening to be below 25285. In this case, avoid buying the dip. Instead, look to sell on any intraday bounce near 25333. Scenario 2: Alternatively, we could see a mild gap-up due to call unwinding, triggered by the emergence of a new resistance zone. If the index approaches 25400, that will be a strong supply area. In such a scenario, look to initiate short positions near 25400 with a stop-loss around 25433 (on hourly closing basis). Also, keep an eye on 25222. If we bounce from this level in the second half, it would suggest strength returning for the coming week. However, a failure to hold this support and a close below it could push us towards the 25000 mark. NSE:BANKNIFTY also continues to show weakness. Immediate support is around 56700, while resistance stands at 57100. With earnings season underway, this is a crucial time to focus on the Earning Pivot strategy. Stay selective—only trade setups with strong earnings-backed pivots. On the sectoral front, Power continues to lead. I traded NSE:HPL today which still looks good. Next in line are NSE:CNXFMCG and #SUGAR—both sectors showing early signs of strength. Let me remind you—chaos often breeds the best opportunities. Use this phase to curate your watchlist for the next leg of the rally. That will be all for today. Trade smart and have a profitable tomorrow.
NSE:NIFTYShort
by Trendxinc
EMAMI LTD – Strong Bullish Breakout | Volume Spike________________________________________________________________________________ 📈 EMAMI LTD – Strong Bullish Breakout | Volume Spike | Structure-Based Trade Idea 🕒 Chart Type: Daily Chart 📆 Date: July 9, 2025 ________________________________________________________________________________ 📌 Price Action: EMAMI LTD has delivered a decisive breakout from its recent compression phase after trading sideways between 570–585 for several sessions. On July 9, the stock posted a wide-range bullish candle, closing at 609.15, backed by high delivery and breakout volume. The candle formed with an open = low structure, a strong intraday move, and solid closing near the high, confirming buyer dominance. This marks a shift in control from range-bound consolidation to potential momentum continuation. ________________________________________________________________________________ 📊 Chart Pattern: This breakout is from a Box Compression Zone, where the stock had been moving within a tight band. This is a textbook bullish compression breakout, often seen before short-term trend expansions. The range contraction, followed by a sudden expansion with volume, signals that smart money may be entering. Though not a VCP, the narrowing of ranges followed by a strong candle reflects controlled buildup and release of bullish pressure. ________________________________________________________________________________ 🕯️ Candlestick Pattern: Bullish Engulfing Open = Low Candle Momentum Continuation Candle The current candle also fits the "Buy Today, Sell Tomorrow" setup logic, especially useful for short-term intraday/momentum traders from an educational lens. ________________________________________________________________________________ 🔊 Volume Analysis: Volume on July 9 crossed 3x the 20-day average, showing an institutional-grade breakout. What's more important is that this move comes after multiple low-volume sessions, which indicates that the base was silent before this burst — classic sign of accumulation followed by breakout. The presence of a BB squeeze and volume compression breakout confirms the start of a volatility expansion phase. ________________________________________________________________________________ 📈 Technical Indicators: RSI (Daily): 65 – strong and rising MACD: Bullish crossover on Daily, but flat on Weekly/Monthly CCI: 319 – strong bullish momentum reading Stochastic: 85 – in a bullish zone, showing follow-through possibility SuperTrend & VWAP: Bullish bias confirmed BB Squeeze: Compression off, likely start of expansion These indicators align well to show a breakout backed by momentum and volume expansion. ________________________________________________________________________________ 🧱 Support & Resistance: 🔺 Resistance Zones to Watch: 629.23 – First key level where supply may come in 649.32 – Major resistance from previous swing 678.63 – Long-term resistance zone Top Range: 653.35 – Official top of the recent consolidation base 🔻 Support Levels: 579.83 – Immediate support post-breakout 550.52 – Minor swing base 530.43 – Deeper demand level from which recent trend started Bottom Range (Demand Zone): 507.70 – Long-term structural support ________________________________________________________________________________ 👀 What’s Catching Our Eye: What stands out in this chart is the confluence of breakout signals — RSI breakout, engulfing candle, Bollinger squeeze off, and high delivery volume — all firing together. The open-low bullish bar is not just random price movement; it's a statement from buyers that they're ready to defend this zone. ________________________________________________________________________________ 🔍 What We’re Watching For: We’re watching if EMAMI can sustain above 609–620 for the next couple of sessions. A consolidation above this zone will indicate strength. On the flip side, any rejection and close back below 579.83 will raise flags. We're also watching for any mild retest toward 580–585 on low volume, which can offer a secondary low-risk entry opportunity. ________________________________________________________________________________ ✅ Best Buy Level for Equity (Low Risk Idea): Breakout Entry: Above 620 with follow-through or retest confirmation Pullback Buy: Into the 579.83–585 support zone with a strong bounce candle Stop Loss: 560.33 (structure-based, on closing basis) Risk-Reward Lens: Start with a 1:1 target; trail for 1:2+ based on structure — avoid fixed upside projections ________________________________________________________________________________ 💼 Sector Tailwinds: The FMCG and personal care space is seeing renewed demand due to rising rural consumption, price stability in raw materials, and stronger brand-led companies gaining market share. EMAMI, with a wide product portfolio, is well-positioned to benefit. Fundamentally, the stock is also recovering from long-term price compression — aligning well with the recent breakout. ________________________________________________________________________________ ⚠️ Risk to Watch: A close below 579 will invalidate the breakout setup Indicators are strong but slightly stretched, so chasing blindly can invite volatility The price must confirm above 620+ for the trend to gain broader legs Always wait for follow-through before committing fresh capital ________________________________________________________________________________ 🔮 What to Expect Next: If EMAMI sustains above 609–620, the stock could gradually move toward 629.23 and test higher levels like 649.32. But if it fails to hold above the breakout candle, we may see a pullback to 580–585. Either way, price and volume in the next 2–3 sessions will confirm whether this is a false breakout or the start of a real trend. ________________________________________________________________________________ 🧠 How to Trade EMAMI LTD (For Educational Use Only): Breakout Plan (Hypothetical Setup): 🔹 Entry: Above 620 only if follow-through confirmation candle appears 🔹 Stop Loss: 560.33 (on closing basis) 🔹 Pullback Buy: Into 580–585 with same SL, if bullish reversal shows 🔹 Risk-Reward: 1:1 minimum; trail for more 🔹 Position Sizing: Use capital allocation based on risk tolerance — never go all-in on breakout ________________________________________________________________________________ ⚠️ Disclaimer (Please Read): • This chart is shared for educational purposes only and is not investment advice. • I am not a SEBI-registered advisor. • The information provided here is based on personal market observation. • No buy/sell recommendations are being made. • Please do your own research or consult a registered financial advisor before making any trading decisions. • Trading involves risk. Always use proper risk management. ________________________________________________________________________________ 💬 Found this helpful? What would be your ideal trade in EMAMI — breakout follow-through or support pullback? Drop your thoughts in the comments below ⬇️ 🔁 Share this with your trading community ✅ Follow STWP for clean technical setups backed by price action and volume 🚀 Let’s trade with patience, logic, and clarity! Be Self-Reliant | Trade with Patience | Learn with Logic ________________________________________________________________________________
NSE:EMAMILTDLong
by simpletradewithpatience
PG ELECTROPLAST – Volume Breakout from Tight Base________________________________________________________________________________ 📈 PG ELECTROPLAST – Volume Breakout from Tight Base | Bullish Momentum Brewing 🕒 Chart Type: Daily Chart 📆 Date: July 9, 2025 ________________________________________________________________________________ 📌 Price Action: PG ELECTROPLAST LTD has shown an impressive breakout from a tight base, rising from the 735–755 congestion zone with a wide-range bullish candle on July 9. The candle had an open = low structure, closed near the high, and was backed by massive volume. This signals clear buying strength and suggests that bulls are stepping in after a period of low volatility and sideways movement. The stock had been trading in a narrow band and has now broken out with strong conviction, hinting at the beginning of a possible trend reversal or a short-term momentum rally. ________________________________________________________________________________ 📊 Chart Pattern: The chart displays a tight base breakout from a multi-week compression zone. While not a textbook wedge or flag, the narrowing range combined with flat moving averages suggested the stock was coiling up for a move. The breakout candle pierced the upper end of the range, with volume confirming that it wasn't a false push. This kind of price behaviour often leads to trend expansion — especially when confirmed by broader volume activity. ________________________________________________________________________________ 🕯️ Candlestick Pattern: Bullish Engulfing Candle Open = Low Structure Strong Bullish Range Candle This combination, particularly when seen after a base, is a strong signal of fresh buying interest. It also fits the “Buy Today, Sell Tomorrow” short-term momentum logic, especially for educational model trades. ________________________________________________________________________________ 🔊 Volume Analysis: The breakout was supported by a 10-day volume breakout, with volumes spiking over 3x the average. This is not just intraday noise — it reflects strong delivery participation and genuine interest. Volume spike at breakout is a key sign of smart money involvement. Moreover, the spike occurred from a compressed base, which adds further weight to the strength of the breakout. ________________________________________________________________________________ 📈 Technical Indicators: RSI (Daily): 56 — rising from neutral territory, not yet overbought MACD: Bullish crossover active on Daily & Monthly Stochastic: 90 on Daily – indicates strong upward momentum CCI: 155 – overbought but in a bullish continuation zone Bollinger Bands: Price broke out of a tight squeeze zone — start of volatility expansion phase BB Squeeze + Bullish VWAP: Adds confirmation that the trend is beginning to expand ________________________________________________________________________________ 🧱 Support & Resistance: 🔺 Resistance Levels: 810.43 – First resistance to watch above current price 832.12 – Prior swing level; price may pause or consolidate here if momentum continues 867.33 – Longer-term resistance zone, marked as a level of interest Top Range: 1054.2 – Long-term weak resistance zone that triggered the previous major selloff 🔻 Support Levels: 753.53 – Closest support below breakout 718.32 – Well-tested swing level; acted as floor in recent range 696.63 – Important structural support Bottom Range (Demand Zone): 597.05 – Major long-term support, last zone from where price rallied strongly ________________________________________________________________________________ 👀 What’s Catching Our Eye: The combination of price compression, bullish engulfing breakout, and high volume participation makes this setup stand out. Volume is not just high — it’s clean and backed by structure. The candle formation, RSI breakout, and BB squeeze all come together, creating a powerful setup for momentum continuation. This kind of alignment is rare and usually signals smart money entry. ________________________________________________________________________________ 🔍 What We’re Watching For: The most critical zone is the 796.90 breakout level. If price sustains above it for the next couple of sessions, the structure remains intact. We’re also watching for a possible retest toward the 753–755 zone — if the stock pulls back there on low volume and bounces again, it may offer a low-risk entry setup. Continuation beyond 810 could build momentum, but we will rely on risk-reward and price behaviour — not predictions. ________________________________________________________________________________ ✅ Best Buy Level for Equity (Low Risk Idea): Breakout Entry: Above 796.90, only on follow-through or sustained closing above breakout zone Pullback Entry: Into the 753.53–755 support zone if the price stabilizes and shows a bullish reversal Stop Loss: Structure-based, below 736.95 (on closing basis) Risk-Reward Thinking: Look for 1:1 initially, then trail the stop as the move develops; no fixed projections — price action will guide the outcome ________________________________________________________________________________ 💼 Sector Tailwinds: PG ELECTROPLAST operates in the electronics and contract manufacturing sector — two spaces getting a major boost from PLI schemes, China+1 shift, and rising domestic demand. India’s push toward import substitution, rising middle-class consumption, and government incentives are all helping businesses like PG scale up. This provides a strong macro tailwind to any technical strength seen on charts. ________________________________________________________________________________ ⚠️ Risk to Watch: If price slips back below 753, the breakout weakens A close below 736.95 negates the breakout setup and could invite selling pressure Indicators are showing strength, but slightly stretched — so expect volatility and avoid over positioning Never trade based only on breakout excitement — always wait for confirmation and manage risk first ________________________________________________________________________________ 🔮 What to Expect Next: If the price holds above 796.90, the path toward 810.43 may open up quickly. Sustained volume and consolidation near highs would indicate strength, while sharp rejection could signal a trap. A minor pullback to support zones (753–755) could offer a second opportunity if structure holds. The next few candles will tell us whether this breakout becomes a trend or just a temporary spike. ________________________________________________________________________________ 🧠 How to Trade PG ELECTROPLAST (For Educational Use Only): Breakout Plan (Hypothetical): 🔹 Entry: Above 796.90 (only if price sustains) 🔹 Stop Loss: 736.95 (closing basis; risk-controlled) 🔹 Trade Logic: Use position sizing as per capital and SL distance 🔹 Risk-Reward: Look for 1:1 minimum, trail for 1:2+ if structure expands — don’t fix targets, let the chart lead 🔹 Pullback Buy: Into 753–755 zone with same SL (if structure supports) ________________________________________________________________________________ ⚠️ Disclaimer (Please Read): • This chart is shared for educational purposes only and is not investment advice. • I am not a SEBI-registered advisor. • The information provided here is based on personal market observation. • No buy/sell recommendations are being made. • Please do your own research or consult a registered financial advisor before making any trading decisions. • Trading involves risk. Always use proper risk management. ________________________________________________________________________________ 💬 Found this helpful? Where would you look for a trade in PG — breakout follow-through or pullback into the support zone? Share your thoughts or questions in the comments ⬇️ 🔁 Share this with your trading community ✅ Follow STWP for clean technical setups backed by price action and volume 🚀 Let’s trade with patience, logic, and clarity! Be Self-Reliant | Trade with Patience | Learn with Logic ________________________________________________________________________________
NSE:PGELLong
by simpletradewithpatience
2
TARC: Swing Pick (Breakout Candidate)#Tarc #swingtrade #threewhitesoldiers #fvg #fairvaluegaps #trendingstock #breakoutstock TARC : Breakout Candidate >> Up-trending stock >> TWS Visible >> Bounce back from FVG >> Trending setup >> Good Volume & Strength >> Risk Reward Favorable Swing Traders can lock profit at 10% and keep Trailing Please Boost, comment and follow us for more Learnings. Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
NSE:TARCLong
by moneyfesttrading
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
2
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