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Candlestick Analysis

Paradip Phosphates Ltd (NSE: PARADEEP)Paradip Phosphates Ltd has delivered a massive 180% return in recent months, rallying sharply from its previous lows. The price has now reached the critical 0.618 Fibonacci extension level at ₹218, where some profit booking may occur. Key levels to watch: • Resistance: 0.786 at ₹234.90, 0.886 at ₹244.93 • Support: 0.382 at ₹176.31, 0.5 at ₹158.53, 0.618 at ₹140.74 • The price may retrace towards the 20 EMA as momentum cools off. • Strong recent earnings momentum (+464% EPS YoY), but caution is advised in the short term after such a steep rally. Disclaimer: This post is for learning possible,Not an investment advice. Do your own research before making any trading decisions.
NSE:PARADEEP
by TradeTravel_Explore
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