SCHNEIDER 1 Week Time Frame 📊 Current status
Last traded price: ~ ₹863 (shown on technical summary)
Technical rating (weekly timeframe): “Neutral” in many sources.
On shorter timeframes (daily), many indicators show bullish momentum.
🧮 Key support & resistance levels for the week
Based on available chart-analysis:
Support zone: around ₹810-₹830 region.
Resistance zone: around ₹900-₹915 region.
A pivot/resistance level near ~ ₹867-₹870 was noted for shorter term.
Chartanalysis
CANFINHOMECANFINHOME has given breakout of the recent resistance.
Looking at a good position, all key EMAs are aligned, if it sustains the move then it may give a good upside move.
There are a couple of resistance points which may become small hurdle in between.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
RBL Bank on the Verge: Weekly Chart Signals a Fresh Trend BreakRBL Bank has shown strong bullish momentum in its weekly chart, supported by rising price, strong moving averages, and a robust uptrend. The stock is currently trading near its 52-week high at around ₹326, indicating significant strength in the ongoing trend.
Technical Indicator Analysis
• Price and Trend: The stock has risen over 42% in the past year and over 7% in the last month, supported by strong volume and positive sentiment.
• Moving Averages: The 50-week and 200-week moving averages are sloping upwards, and the price is trading well above both, which is a bullish sign.
• Relative Strength: RSI (implied by the breakout and new highs) likely remains in bullish territory, confirming momentum.
• Support and Resistance: The stock has immediate support near ₹300 and strong resistance is seen at the recent high of ₹331.50.
Chart Pattern and Target
• Pattern Observed: A continuation breakout, possibly following a flag or rounding bottom pattern, is implied. The price action has broken past key resistances, and the trend remains strong.
• Entry Point: New entries can be considered on minor pullbacks toward ₹310-315, or on a weekly close above ₹331.50 for momentum traders.
• Target: Immediate target is the all-time range toward ₹350 . If momentum continues, longer-term targets could be in the ₹380–400 zone, using previous swing projections and extension from current levels.
• Stop Loss: Suggested stop-loss for positional trades is below ₹296 on a closing basis to protect gains and manage downside risk.
Overall, the weekly technical for RBL Bank support a bullish stance with buy-on-dip and breakout strategies, as long as the price remains above the key moving averages and stop-loss.
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HEGDrying volume during the pullback, tight contraction in the stock, EMAs are aligned.
There is probability of an upside move.
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Bank Nifty spot 57776.35 by Daily Chart view - Weekly UpdateBank Nifty spot 57776.35 by Daily Chart view - Weekly Update
- Support Zone 56950 to 57350 for Bank Nifty
- Resistance Zone 57800 to 58230 then at ATH 58577.50
- Bank Nifty sustaining tad below Resistance Zone but above Support Zone
- Rising Support Trendline has been broken and bit of weakness seems prevailing
- Bullish Rounding Bottom seems active but for the sustained skepticism in general
Indian Bank - Breakout Setup, Move is ON...#INDIANB trading above Resistance of 839
Next Resistance is at 1089
Support is at 649
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CANARA BANK BREAKOUTCANARA BANK
ADD ON YOUR WATCHLIST
If you see in the chart, the rounding pattern has broken out and it is in the weekly time frame
You can buy at Rs 125 and go up to the target of 146 and 163. The Stop-loss can be kept at 117.50
Note: Our posts are posted for learning purposes. You are responsible for any profit or loss you make from the advice given in the channel. Before investing in the stock market, you must consult your financial advisor.
WE ARE NOT A SEBI REGISTERED
CANARA BANK ROUNDDING PATERN BREAKOUTCANARA BANK ( W )
ADD ON YOUR WATCHLIST
If you see in the chart, the rounding pattern has broken out and it is in the weekly time frame
You can buy at Rs 125 and go up to the target of 146 and 163. The stop loss can be kept at 117.50
Note: Our posts are posted for learning purposes. You are responsible for any profit or loss you make from the advice given in the channel. Before investing in the stock market, you must consult your financial advisor.
WE ARE NOT A SEBI REGISTERED
BPCL | FVG + Fibonacci COnfluence | Long Setup toward 378 💬 Description:
Chart Type: 1D (Daily)
Stock: BPCL – Bharat Petroleum Corporation Ltd.
🧩 Setup Overview
BPCL has completed a clean retracement into a Fair Value Gap (FVG) aligning with the 0.5–0.618 Fibonacci retracement zone from the previous upswing (306 → 351).
The zone around ₹334–₹340 acted as strong demand support, hinting at a possible continuation leg to the upside.
📊 Trade Plan
Entry Zone: ₹338–₹340
Stop Loss: ₹330
Target 1: ₹351
Target 2: ₹378 (1.618 Fib Extension)
Risk–Reward Ratio: ~1:3
📈 Technical Confluence
✅ FVG + 0.618 Fib alignment
✅ Retest & bounce confirmation
✅ Volume showing accumulation
✅ Clear higher-low structure maintained
🚨 Invalidation
Setup invalid if price closes below ₹330, which would break FVG and shift structure to bearish.
🧠 Bias: Bullish continuation
Time Horizon: Swing (2–4 weeks)
KIRLOSENGKIRLOSENG - The stock has given a breakout after consolidating in a range for over 5 months.
Volume is strong, and EMAs are aligning well, but a follow-up candle is needed for confirmation.
Market structure looks bullish but price seems slightly stretched so waiting for a small retracement would be ideal.
1040 is a nearby resistance.
Keep it on your watchlist for paper trading.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
GRAPHITE - Near 18months old ResistanceGRAPHITE - The market structure looks strongly bullish, and EMAs are perfectly aligned, confirming trend strength.
The stock is now approaching an 18-month-old resistance zone. A breakout above this level could open the door for a solid upside move.
However, it’s important to wait for a retest and proper confirmation before entering, even during paper trading.
Keep it on your watchlist for paper trading.
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GRANULESGRANULES - The stock is currently consolidating after giving a breakout from a 7-month range.
The overall market structure remains bullish, and the EMAs are well-aligned, showing underlying strength.
A decisive breakout above the current consolidation zone could trigger a fresh upside move.
Key resistance levels: 597 and 625.
Keep it on your watchlist for paper trading.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
WELENTWELENT is forming a bullish structure. After multiple rejections at resistance, it finally broke out, retested, and is turning bullish again.
There’s good volume and tight contraction near the SHS. If it sustains above 560, there’s a strong probability of an upside move.
Keep this stock on your watchlist.
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Stallion India Fluorochemicals Ltd - Breakout Setup, Move is ON#STALLION trading above Resistance of 312
Next Resistance is at 524
Support is at 204
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Stallion India Fluorochemicals Ltd - Breakout Setup, Move is ON#STALLION trading above Resistance of 171
Next Resistance is at 312
Support is at 133
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Le Travenues Technology Ltd - Breakout Setup, Move is ON...#IXIGO trading above Resistance of 327
Next Resistance is at 460
Support is at 249
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Inox Green Energy Services Ltd - Breakout Setup, Move is ON...#INOXGREEN trading above Resistance of 245
Next Resistance is at 363
Support is at 143
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Inox Green Energy Services Ltd - Breakout Setup, Move is ON...#INOXGREEN trading above Resistance of 160
Next Resistance is at 245
Support is at 99
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Technical Analysis and Chart PatternsIntroduction to Technical Analysis
Technical Analysis (TA) is the study of historical price and volume data to forecast future price movements in financial markets. Unlike fundamental analysis, which focuses on the intrinsic value of an asset, technical analysis relies on patterns, trends, and statistical indicators to identify trading opportunities. It is widely used across equity, forex, commodities, and cryptocurrency markets by traders of all timeframes, from intraday scalpers to long-term investors.
The foundation of technical analysis rests on three main assumptions:
Market Action Discounts Everything: All information, whether public or private, is already reflected in the current price of an asset.
Prices Move in Trends: Markets follow trends rather than random movement, and identifying these trends can help traders profit.
History Tends to Repeat Itself: Human psychology drives market behavior, and patterns formed in the past tend to recur under similar conditions.
1. Key Principles of Technical Analysis
Trend Analysis
Uptrend: Characterized by higher highs and higher lows. Indicates bullish sentiment.
Downtrend: Characterized by lower highs and lower lows. Indicates bearish sentiment.
Sideways/Range-bound Trend: Occurs when prices move horizontally, often leading to breakout opportunities.
Support and Resistance Levels
Support: A price level where demand is strong enough to prevent further decline. Often a buying opportunity.
Resistance: A price level where selling pressure prevents further rise. Often a selling opportunity.
Breakouts and Breakdowns: Breaching these levels can signal the start of new trends.
Volume Analysis
Volume reflects the intensity of a price movement.
Rising prices with increasing volume confirm trends, whereas divergences (e.g., rising price with falling volume) indicate potential reversals.
Momentum Indicators
Measure the speed and strength of price movements.
Examples: Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Stochastic Oscillator.
Moving Averages
Smooth out price fluctuations to identify trends.
Common types: Simple Moving Average (SMA), Exponential Moving Average (EMA).
Crossovers (e.g., 50-day SMA crossing 200-day SMA) are key trading signals.
2. Chart Types
Understanding chart types is crucial for recognizing patterns:
Line Charts
Simple representation connecting closing prices.
Useful for identifying long-term trends but lacks intraday information.
Bar Charts
Displays open, high, low, and close (OHLC) for each period.
Provides more detailed insight into market sentiment.
Candlestick Charts
Originated in Japan; visually appealing and widely used.
Each candlestick shows open, high, low, and close, forming recognizable patterns that signal market direction.
Point and Figure Charts
Ignores time; focuses solely on price changes.
Useful for identifying strong trends and breakout points.
3. Chart Patterns
Chart patterns are visual representations of market psychology, helping traders anticipate future price action. They can be broadly categorized into reversal and continuation patterns.
3.1 Reversal Patterns
Reversal patterns indicate a potential change in trend.
Head and Shoulders
Signifies a trend reversal from bullish to bearish.
Features a left shoulder, a head (higher peak), and a right shoulder.
The neckline is the support level; breaking it confirms the trend reversal.
Inverse Head and Shoulders
Opposite of the standard head and shoulders.
Signals reversal from bearish to bullish.
Double Top
Occurs after an uptrend; two peaks at roughly the same level.
Breaking the support level between the peaks signals a downtrend.
Double Bottom
Occurs after a downtrend; two troughs at a similar level.
Breaking the resistance confirms a bullish reversal.
Triple Top/Bottom
Less common but more reliable than double tops or bottoms.
Indicates stronger resistance or support levels.
3.2 Continuation Patterns
Continuation patterns suggest that the existing trend is likely to continue.
Triangles
Ascending Triangle: Bullish; flat resistance and rising support. Breakout likely upwards.
Descending Triangle: Bearish; flat support and descending resistance. Breakout likely downwards.
Symmetrical Triangle: Neutral; breakout direction depends on the preceding trend.
Flags and Pennants
Short-term consolidation patterns after strong moves.
Flags: Rectangular consolidation; pennants: small symmetrical triangles.
Typically continue in the direction of the previous trend.
Rectangles (Trading Ranges)
Horizontal consolidation between support and resistance.
Breakout indicates trend continuation.
3.3 Candlestick Patterns
Candlestick patterns provide detailed insight into market sentiment:
Single Candlestick Patterns
Doji: Indicates indecision; potential reversal if appearing after a strong trend.
Hammer/Inverted Hammer: Bullish reversal after a downtrend.
Shooting Star: Bearish reversal after an uptrend.
Multiple Candlestick Patterns
Engulfing Pattern: Bullish or bearish reversal depending on candle alignment.
Morning Star/Evening Star: Signals trend reversal.
Three White Soldiers/Three Black Crows: Strong trend continuation patterns.
4. Indicators and Oscillators
Technical analysis often combines chart patterns with indicators:
Trend Indicators
Moving Averages, MACD, ADX (Average Directional Index)
Momentum Indicators
RSI, Stochastic Oscillator, Rate of Change (ROC)
Volatility Indicators
Bollinger Bands, Average True Range (ATR)
Volume Indicators
On-Balance Volume (OBV), Chaikin Money Flow (CMF)
5. Technical Analysis in Trading Strategy
Technical analysis is integrated into different trading strategies:
Day Trading
Focuses on intraday price movements using candlestick patterns and intraday indicators.
Swing Trading
Capitalizes on short to medium-term trends using support/resistance and chart patterns.
Position Trading
Long-term trend following; relies on moving averages, trendlines, and breakout patterns.
Algorithmic Trading
Combines TA rules with automated systems for high-frequency trading.
6. Advantages of Technical Analysis
Quick decision-making due to focus on charts and indicators.
Applicable across different asset classes and timeframes.
Helps identify entry and exit points with greater precision.
7. Limitations of Technical Analysis
Reliance on historical data; past performance doesn’t guarantee future results.
Can produce false signals in highly volatile or low-volume markets.
Requires experience and discipline to interpret patterns accurately.
8. Combining Technical Analysis with Other Tools
Many traders combine TA with fundamental analysis to improve accuracy.
Sentiment analysis, news events, and macroeconomic data can enhance decision-making.
Risk management is essential: stop-loss, position sizing, and portfolio diversification mitigate losses.
Conclusion
Technical analysis and chart patterns provide traders with a structured way to interpret market behavior. While no method guarantees success, mastery of TA enables traders to identify high-probability setups, manage risk, and make informed decisions. With the right combination of pattern recognition, indicator use, and disciplined execution, technical analysis can be a powerful tool in the trader’s arsenal.
By understanding trends, patterns, support/resistance levels, and combining them with indicators and sound risk management, traders can navigate financial markets with greater confidence and precision.
AGI Infra Ltd - Breakout Setup, Move is ON...#AGIIL trading above Resistance of 256.80
Next Resistance is at 421
Support is at 182
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bajaj Finance Limited- Breakout Setup, Move is ON...#BAJFINANCE trading above Resistance of 1004.50
Next Resistance is at 1182
Support is at 851
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indraprastha Medical Corporation Ltd- Breakout Setup, Move is ON#INDRAMEDCO trading above Resistance of 547
Next Resistance is at 789
Support is at 390
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Jindal Photo Limited - Breakout Setup, Move is ON...#JINDALPHOT trading above Resistance of 1404
Next Resistance is at 2097
Support is at 985
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.






















