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Candlestick Analysis

Good bearish setup on the higher time frame.Asian paints is one of the leading paint manufacturer in country and for the last few months the stock is trading in a parallel channel there are chance of it trying to retest the previous support zone of around 2700 levels before entering into another bearish leg. Fundamentally stock shows some negativity as ~45% YoY decline in consolidated net profit in Q4 FY25. Revenue slipped 4.3% YoY in this quater. Net profit fell 23.3% YoY in Q3 FY 2025. Technically too the stock look to form bearish Flag and Pole pattern with a possible retracement to around 1700-1800 levels in upcoming months. RSI is around in between on the monthly charts which is not in confluence. BBand shows that the stock is trading below the median line of the band and chance of it travelling to the lower band it possible as stock it below the median line for around 11 months. Exponential moving averages : 100 EMA on the monthly charts is providing good support to the stock while 20 & 50 EMA are acting as the resistance on the same time frame. Target are different as per the trading setup. Support and Resistance Entry only once the channel is breached and retested. Targe : 1815-1925 zone. Bollinger Band Entry has been triggered as per the BB strategy. Target : 1935 EMA As per the EMA strategy, there will be multiple entries in the stock. Entry will be made once the stock closed below the 100 EMA. Target : 200 EMA.
NSE:ASIANPAINT
by TheMamboMomentum
POLYCAB INDIAThe stock has been in a strong uptrend since mid-2024, forming higher highs and higher lows consistently. A well-defined ascending trendline supports the move. Price had a fakeout below the trendline earlier (March 2025) but quickly recovered, confirming strong demand. The supply zone around ₹7,700–₹7,800 has acted as a major resistance level multiple times. Now, the price has broken out above this supply zone with strong momentum — confirming a bullish breakout. 🔍 Technical Structure Key Zone Level Remarks Support Zone (Previous Supply) ₹7,650–₹7,750 Breakout zone – likely to act as support on retest Trendline Support Rising trendline near ₹7,400 Long-term support zone Immediate Resistance ₹8,000 Round number, short-term barrier Next Major Resistance / Target ₹8,400–₹8,500 Previous swing projection / measured move ⚙️ Trade Plan ✅ Entry Aggressive Entry: At current price (~₹7,840–7,860) — as price has broken out above supply with good volume. Conservative Entry: On retest of the breakout zone ₹7,700–7,750, if price holds and shows bullish candle confirmation. 🛡️ Stop-Loss (SL) Keep SL below ₹7,500, just under the trendline and breakout zone. → This protects against false breakouts. 🎯 Targets Target 1: ₹8,000–8,050 (immediate breakout confirmation zone) Target 2: ₹8,400–8,500 (measured move from previous range) ⚖️ Risk–Reward Example If entered at ₹7,750: SL: ₹7,500 (Risk = ₹250) T1: ₹8,050 (Reward = ₹300 → R:R = 1.2:1) T2: ₹8,500 (Reward = ₹750 → R:R = 3:1) 📈 Technical Bias ✅ Uptrend intact ✅ Breakout above strong resistance ✅ High volume confirmation ✅ Strong price structure above trendline Bias: Strongly Bullish (Momentum + Breakout Confirmation)
NSE:POLYCABLong
by ChartistHub
CHALET HOTELS TECHNICAL ANALYSISLooking at the chart, it’s pretty clear the stock has been in a short-term downtrend after forming a peak around the September high near ₹1,068, but it has now started to stabilize and show signs of reversal. We can see a classic inverse head and shoulders pattern forming — Left Shoulder around early October, Head near mid-October (the lowest point), and Right Shoulder forming recently. At the head, there’s a bullish engulfing candle, which signals strong buying interest and potential reversal. The neckline (resistance turned support) sits roughly around ₹936–940, and the price has broken above it, confirming the bullish structure. 📊 Price Structure & Zones Support (SEP LOW): ₹936 → This level held multiple times, showing buyers are active here. Immediate Resistance / Supply Zone: ₹980–₹995 → Expect some profit booking or sideways action in this region. Major Resistance (Target): ₹1,068 (September high) → If price sustains above ₹995, it can easily rally toward this zone. ⚙️ Trading Plan ✅ Entry Options Aggressive Entry: Around current price (₹960–965) since breakout is confirmed. Conservative Entry: Wait for a pullback to ₹940–950 zone and buy on a bullish candle confirmation. 🛡️ Stop-Loss (SL): Keep SL below ₹925, under the right shoulder / recent swing low. → If price falls below this, the pattern fails. 🎯 Targets Target 1: ₹985–995 (intermediate resistance zone) Target 2: ₹1,068 (measured move from inverse head & shoulders pattern)
NSE:CHALETLong
by ChartistHub
NUVAMA | Bullish Engulfing + VWAP Alignment📈 NUVAMA | Bullish Engulfing + VWAP Alignment + Strong Momentum Reversal 🚀 🔹 Entry Zone: ₹7,420.50 – ₹7,436.00 🔹 Stop Loss: ₹7,151.90 (Risk ~284 pts) 🔹 Supports: 7,244.33 / 7,068.17 / 6,972.33 🔹 Resistances: 7,516.33 / 7,612.17 / 7,788.33 🔹 Swing Demand Zone: ₹7,086 – ₹6,998.50 🔹 Intraday Demand Zone: ₹7,253.50 – ₹7,223 🔑 Key Highlights ✅ Bullish Engulfing Candle – powerful reversal confirmation ✅ VWAP Alignment – institutional bias turning bullish ✅ Momentum Strength – bullish follow-up after base formation ✅ Bollinger Squeeze-Off – volatility expansion expected ✅ Volume near average – healthy buyer participation, stable accumulation 🎯 STWP Trade View 📊 Strong bullish momentum supports a near-term rally toward ₹7,516–₹7,612. Sustaining above ₹7,612 could open upside potential to ₹7,788. ⚠️ The ₹7,253–₹7,223 zone provides intraday support, while ₹7,190–₹7,165 acts as a swing base for positional buyers to watch. 💡 Learning Note This setup demonstrates how a Bullish Engulfing pattern with VWAP confirmation offers a reliable multi-signal entry. When aligned with tight demand zones, it allows traders to manage risk effectively while capitalizing on short-term breakouts. Final Outlook: Momentum: Strong, Trend: Bullish, Risk: Low, Volume: High ________________________________________ ________________________________________ ⚠️ Disclosure & Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results. If you are a beginner, treat this as a guide to understand how the market works and practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades. Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments. Position Status: No active position in NUVAMA at the time of analysis. Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels) 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover clean, structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. 👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.” 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:NUVAMALong
by simpletradewithpatience
BPCL (D): Forms Bullish MorningStar, Challenges Major ResistanceAfter reversing from a short-term downtrend, BPCL (Bharat Petroleum Corporation Ltd) has flashed a powerful bullish signal. However, this newfound momentum is now running directly into a major, long-term resistance trendline that has capped its progress, setting the stage for a critical battle. The Bullish Setup: A Morning Star at Support Today's price action (Monday, October 27, 2025) was highly constructive for the bulls: - Price & Volume Surge: The stock rallied +3.80% on a strong volume of 11.77 million shares . - Classic Reversal Pattern: This move completed a "Morning Star" candlestick pattern . This is a classic three-candle bullish reversal pattern that often signals the bottom of a downtrend and a new shift in momentum. Broad-Based Technical Strength This bullish pattern is strongly supported by a powerful alignment of indicators across all major timeframes (Monthly, Weekly, and Daily): - Short-Term EMAs: All three timeframes are in a bullish Positive Crossover (PCO) state. - RSI (Relative Strength Index): The RSI is also in a rising trend on all three timeframes. This multi-timeframe alignment indicates that the underlying momentum is broad, synchronized, and strengthening. The Immediate Hurdle: Long-Term Resistance Despite these bullish signals, the stock is now positioned less than 2% below a major long-term resistance trendline formed since its All-Time High. This line represents a significant historical barrier for the stock. Outlook and Key Levels to Watch The stock is at a clear "prove it" moment. The outcome of the battle at this resistance will likely determine the next major move. - Bullish Breakout Scenario: A decisive close above the long-term resistance on high volume would confirm the breakout and validate the Morning Star pattern. This would signal a continuation of the new uptrend, with a potential next target of ₹375 . - Bearish Rejection Scenario: If the stock fails to breach this resistance and momentum fades, it could be rejected. The first key support level would be the bottom of the Morning Star pattern, around ₹325 . In conclusion, the price action in the coming days is critical. All eyes should be on this key resistance level for either a confirmed breakout or a rejection.
NSE:BPCLLong
by Learn_with_Pth0mas
NIFTY heading towards 25500!!As we can see NIFTY started showing rejection exactly from 26000 level which is also a psychological level and had been falling unidirectionally ever since. Further we can't see any eminent SUPPORT but minor supports can be seen on previous swings around 25700 hence despite being weak, we may see temporary green candles for few trading sessions before finally falling towards 25500 levels which is its next psychological level and important SUPPORT and any signs of REVERSAL from this zone can show massive upside so plan your trades accordingly and keep watching everyone.
NSE:NIFTY
by Kaushalfin
EUR/USD Bullish Setup – Liquidity Sweep & Break of StructureI’m sharing a long trade setup on EUR/USD based on a liquidity sweep and bullish market structure shift. Price swept liquidity below the recent swing low and immediately showed strong bullish reaction, indicating absorption of sell-side liquidity. Following the sweep, price broke above short-term structure and retested the demand zone, confirming bullish intent. I entered long at the retest of the demand area, with my stop-loss placed just below the liquidity sweep low to protect against invalidation. The take-profit target aligns with the next major supply zone / equal highs. Trade Details: Entry: 1.16147 Stop-Loss: 1.16066 (below liquidity sweep area) Take-Profit: 1.16515 (major resistance/target zone) Risk-to-Reward Ratio: 1:4.5+ Why this trade? Liquidity sweep below previous lows (manipulation phase) Break of structure to the upside confirming bullish momentum Retest of demand zone with bullish candle confirmation Volume spike supporting buyers entering the market If price holds above the retest zone, I expect continuation to the upside toward the marked target area.
Long
by alenrayen
2
ICICI BANK ( 1D ) 🎯 TRADING PLAN 🎯 ✔ Price Action shows strong support At the 78.60% Fibonacci Retracement With a Bullish Harami Candlestick Pattern. ✔ RSI being Oversold adds weight to The setup. 💡 Success in trading doesn't come from Predicting the future ; it's come from Disciplined decision making. Disclaimer : All information is for Educational & Informational Purpose Only. Not a buy / sell Recommendation. You are Solely responsible for your Trading & Investment decisions
NSE:ICICIBANKLong
by AKSHAY0008