Candlestick Analysis
LT Foods - All Time High Break OutLT Foods has given a all time high BO and is looking great. Factors which make this stock promising:
1. On weekly time frame made 3 White Shoulder Pattern - which is a bullish pattern
2. Breakout after a long consolidation - consolidating from 11 odd months
3. Volume is increasing / steady
4. A rectangular pattern BO as well
5. Fundamentally, LT Foods has lots of opportunities as they have gone beyond India
6. LT Food has ventured in organic food as well with recent 17% acquisition of Nature Bio-India
Above factors make this stock a great pick and hold it for super gains.
Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price.
Cheers!!!
ICICIGI | High probable INHS setup - Looks good for 20-40%ICICIGI | High probable INHS setup - Looks good for 20-40%
CMP : 2006 (Dip : 1930)
SL : 1800
The stock has confirmed a classic inverted Head & Shoulders pattern on the daily chart, signaling a strong trend reversal.
✅ Breakout above neckline with decent volume, adding conviction to the move.
🎯 Immediate Target: 2300
🎯 Second Target (as per Fibonacci extension): 2700
📉 Pattern: Inverted H&S
📈 Volume: Supporting the breakout
📊 Bias: Bullish
This could be an excellent area of value for swing traders looking to ride the trend. A retest of the neckline could offer a second entry opportunity with a good risk-reward ratio.
Outlook on nifty 50 for the next week. Is it going trending?Nifty 50 on the daily chart is trading in a range and has respected the zone quite effectively.
Index has remained sideways since a 3.82% move on 12th may. Market trade in cycle and after a sideways cycle, a trending market is predicted.
Either side movement can be seen in the index as 18 bars or 24 days it has remained in the range.
Major Resistance :- 25125, 25500
Major support :- 24500, 23930
This 600 range and change into same range of trending market.
Even the moving averages are coinciding and forming a MA gate which can give good momentum trading setup
Wait for the price action near the price levels before forming a trading basis. Trade only the setup and wait for the retest on either side.
Inside Bars After High Volume – CERA Setting Up Near Key CT📌 Timeframe: Weekly (WTF)
📌 Type: Technical Observation / Swing Structure
📌 Concept: Counter Trendline Breakout Setup
CERA is currently navigating a highly constructive zone from a swing trading lens. Here's what's developing technically:
🔹 Higher Low Formation:
The stock has established a higher low structure, with the white internal trendline offering visible support across recent weeks. Interestingly, this aligns perfectly with the 200-period EMA on the weekly timeframe, enhancing its significance as a dynamic support layer.
🔹 Volume Clues:
Two of the highest volume candles on the weekly chart have now been followed by inside bars, a potential sign of absorption or base building. This tightening within volume zones signals institutional interest and a possible buildup phase.
🔹 Supply Zone Identified:
An overhead supply (marked in orange)
🔹 EMA Context: The blue 200 EMA further reinforces the idea of Supportive price behavior around this line validates its role.
🔍 This post is for educational discussion only. No recommendation or forecast is implied. Please conduct your own due diligence.
Radico Khaitan at a Crossroads: Support, Resistance & MomentumThe stock is in a bullish trend and is forming a box consolidation and break outs.
On the weekly charts the stock is trading around the resistance zone and there are chance of either breaking out or retesting to the lower levels.
Stock seems strong bullish on the charts but indicators are suggesting a bearish move as the stock is around the resistance zone.
Short sell can be initiated in the stock with a strict SL.
On the bullish side the stock is respecting the monthly 20 EMA and has retested it thrice. Radico if turns bearish can be entered around the moving average as Good R:R in the trade can be seen.
Even on the weekly charts, the stock is trading above the moving averages chance of a retest are there but short sell the stock once the support zone in taken out.
Watch the stock a good ROI can be generated in the stock after the break out the stock will be forming new ATHs.
Wait for a pattern near the resistance either for a bearish or bullish move as it is trading around the crucial recent high levels of 2600-2680.
Stochastic indicator on the Monthly TF is trading in overbought zone while on the weekly TF its showing some bearish divergence. Even the monthly RSI is showing a bearish divergence.
Wait for the price action and trade accordingly.
MOL | Breakout Above Supply Zone | Flag + 200 EMA ConfluenceMOL | Strong Breakout Above Supply Zone | Flag + 200 EMA Confluence
Previously shared around the ₹70 level — now showing clear strength with a decisive breakout above the supply zone, backed by strong volume.
✅ Breakout Confirmation: Price has convincingly breached previous resistance, which now acts as support. The volume accompanying this move adds weight to the breakout.
📈 Flag Formation (Daily Timeframe): A clean bull flag is visible on the daily chart — a classic continuation pattern indicating further upside potential.
📉 200 EMA Support: The 200 EMA is holding well and aligns perfectly as a dynamic support, reinforcing the current bullish structure.
🧾 Fundamentals Supporting the Technicals: Recent quarterly results suggest the bottom may already be in place, adding a fundamental tailwind to the technical setup.
🟢 Conclusion: This zone offers an excellent area of value for swing traders and position holders. Watch for sustained momentum and retests as potential entries.
SBIN : Swing Trade#SBIN #swingtrade #threewhitesoldier #trendingsetup #breakoutstock #momentumstock
SBIN : Swing Trade
>> TWS Visible
>> Trending setup
>> Cup and Handle formation
>> Breakout Candidate
>> Good Strength & Volume
>> Good Risk Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Disc : Charts shared are for Learning purpose not a Trade recommendation.
Consult a SEBI Registered Advisor before taking position in it.
CHALET Hotels : Swing pick#CHALET #swingtrade #breakout #threewhitesoldiers #trendingstock
CHALET : Swing Trade
>> TWS Visible
>> Trending Setup
>> Good Strength in Stock
>> Volumes Dried up, Expansion imminent
>> Quick 10-15% upside potential
Swing Traders can lock profit at 10% & Keep Trailing
Disc : Charts shared are for Learning purpose and not a Trade recommendation. Consult a SEBI Registered Advisor before taking position in it.
NetApp Inc shows bullish candlestick in larger timeframeNASDAQ:NTAP price action shows bullish candlestick pattern in the Monthly Chart. As well as in Weekly chart, it shows steady rejection and showing a sideways consolidating trend.
Lets analyze first weekly timeframe:
We can see during April'25 (Tariff Trauma weeks) the price made a low of $74, breaching down the $80 mark.
But within one week it again regains back the strong, historical demand zone of $80 and continue it's upsurge towards $100. It made a recent weekly high of $102.
Last 3 weeks was a consolidating around $97 to $100 level, keep on honouring the support of $97.
Last week, during timid FY24-25 Q4 earnings, we can see it falls back to $94. And seen a rejection there during last trading session of Friday, 05/30 and close the week with a Dragronfly dozi candlestick pattern (albeit the body color is red). Still the bottom rejection wick and holding back $97 is a sign of 'don't give up so easily'.
Whereas in monthly timeframe, it shows absolute bullishness:
The April month candle was a book-perfect Dragronfly doji.
This May month candle is a super bullish (sort of) Marubozu candle, even the low is above the last monthly close.
It's indicates a confirmative bullishness in monthly
Verdict:
This NASDAQ:NTAP counter is expected to be sideways-to-bullish in coming weeks.
Immediate Support levels are: $97, $89 (200 WSMA), $80.
There is no reason of it getting close below $80. That's becomes the new normal Low of the counter.
It's going through a typical consolidation and distribution phase for gathering new energy to resume it's upmoving in coming medium terms.
Stay Invested or Keep on accumulating , specially on every dips.
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.