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Chart Patterns

BAJFINANCE 1 Day Time Frame ✅ What we know now (as of latest available data) 1. The latest publicly quoted price for Bajaj Finance is ~ ₹1,042 – ₹1,044. 2. According to a recent report, the stock touched an intraday high of ₹1,042.20. 3. The stock is above its short‑ and long‑term moving averages, which suggests current bullish momentum. ⚠️ Important Notes / Context These are technical levels derived using standard pivot‑point / support‑resistance calculation methods. They are not guaranteed — markets may overshoot or violently gap. Always consider fundamentals (company news, sector, broader market sentiment) along with technicals before acting. Use stop‑loss / risk management because intraday volatility can cause swings beyond these levels.
NSE:BAJFINANCELong
by Knowledgehub
XAUUSD – Waiting for Trend Confirmation Around the 4,160–4,170..XAUUSD – Waiting for Trend Confirmation Around the 4,160–4,170 Zone At the moment, gold has not shown a clearly defined medium-term trend. Price is moving around an important resistance zone, so instead of predicting direction early, I prefer waiting for price reaction at key levels before taking action. The main focus today is the 4,160–4,170 area – where the market will decide whether to continue the uptrend or start a deeper correction. 🎯 Scenario 1 – SELL at 4,162–4,165 (Priority if No Clear Breakout) Sell: 4.162 – 4.165 SL: 4.173 TP: 4.140 – 4.122 – 4.110 – 4.100 The 4.162–4.165 zone on H1 is a strong resistance area combining Fibonacci confluence, previous supply, and proximity to the short-term rising trendline. If price taps this zone and shows weakness (upper-wick rejection, reversal candle, low volume confirmation), I prefer taking a short-term sell toward 4.140, with deeper targets at the liquidity cluster around 4.110–4.100. Risk for this scenario is capped at 1–2% per trade. Do NOT hold the position if price closes above 4.173. ⭐ Scenario 2 – BUY on Break Above 4,170 (Trend Continuation Confirmation) Buy: 4.171 – 4.173 (only after a clean breakout) SL: 4.163 TP: 4.188 – 4.200 – 4.215 If price breaks decisively above 4.170 and sustains above it, that confirms buyers are still in control. In this case, I switch my bias to buying the breakout, targeting the next resistance zones around 4.200–4.215, and possibly higher if momentum remains strong. Note: Only buy if the breakout is genuine — strong candle body closing above 4.170, not a stop-hunt wick that pulls back immediately. 1. Fundamental Outlook The DXY continues slipping below 99.50, now near 99.45, showing sustained weakness as markets increase expectations for a December Fed rate cut. Easier monetary conditions generally support gold because the opportunity cost of holding gold is reduced. However, U.S. initial jobless claims have dropped to the lowest level since April, showing the labour market is still resilient. This creates a mixed environment: rate-cut expectations support gold, but strong economic data may cause sudden volatility around news releases. Overall, fundamentals lean slightly bullish for gold, but not strongly enough to ignore potential technical pullbacks. 2. Technical Structure On the H1 chart, after a strong rally, gold is now consolidating right below the 4.160–4.170 resistance. The 4.162–4.165 region is a confluence zone: • horizontal resistance • previous supply • area where strong selling pressure appeared earlier The 4.140 level is the “correction confirmation level” — if price breaks and closes below it, the market will likely aim for the major liquidity area around 4.110–4.100, where many Buy-side stop losses are clustered. The current structure allows for both long and short setups, but each scenario requires clear price confirmation at the 4.160–4.170 zone. 3. Market Sentiment & Action Plan Both buyers and sellers are watching the same price zone — 4.160–4.170. This makes it a high-liquidity area where stops for both sides may get swept before the market shows its real direction. If price rejects strongly from this zone, it could be a sign of late buyers being flushed out. If buyers hold price above 4.170, trapped short positions may fuel a short squeeze toward higher resistance zones. My plan: I do not enter mid-range. I wait for clear signals: • Sell at 4.162–4.165 if reversal confirmation appears. • Buy at 4.171–4.173 after a confirmed breakout and hold above the zone. • Always use a hard stop-loss. No widening stops if price goes against the trade. If price breaks both zones without giving clear signals, I stay out and wait for a new structure instead of forcing a prediction. I always read feedback to improve how I share these analyses in future posts.
OANDA:XAUUSDLong
by LiamTradingFX
INOX WIND – Testing Major Support + Falling Wedge StructureChart Overview The price has been moving inside a descending trendline (falling wedge–like structure) since its peak earlier this year. Currently, the stock is once again testing a strong horizontal support zone around ₹132–135, which has acted as demand multiple times in the past. This confluence of major support + wedge bottom makes this zone important for a potential bullish reversal. 🟩 Bullish Argument: This zone offers a potential bullish opportunity because: Price is sitting at strong demand zone (132–135). The falling wedge structure is typically a bullish pattern. RSI oversold → Possible reversal territory. MACD is setting up for a future bullish crossover. Risk–reward becomes favorable near major support. 🟧 What Bulls Want to See A bounce from the ₹132–135 zone. A close above the recent minor swing high on the daily. Breakout above the descending trendline for positional upside. 🟥 Invalidity (When Idea Fails) A daily close below ₹130 with volume would weaken the bullish case. That would indicate breakdown from support instead of reversal. 📈 Potential Targets (if reversal occurs) T1: ₹145 T2: ₹155 T3: Trendline breakout → ₹165+ ⚠️ Disclaimer This is not financial advice; for educational purposes only. Always manage risk.
NSE:INOXWINDLong
by apstockanalysis
Eurusd technical Analysis EUR/USD is trading in a short-term bullish structure after bouncing from the mid-Bollinger band and holding above the intraday support zone at 1.1575–1.1565. Buyers pushed price toward the upper band, but the pair is now facing strong resistance at 1.1615–1.1620, where recent candles show rejection. RSI is slowing down from the 60+ region, indicating reduced momentum. If price stays above 1.1575, a continuation toward 1.1615 remains possible, offering a 1:1 reward setup. However, a break below 1.1575 may pull the pair back toward the next support at 1.1539, signalling weakening bullish pressure.
Long
by creative_share
HDFCBANK 1 Week Time Frame 🔹 Quick Snapshot 1. The current share price is about ₹ 1,015. 2. 52‑week range: Low ≈ ₹ 812.15, High ≈ ₹ 1,020.50. 3. Recent weekly momentum and technicals appear neutral-to‑slightly bullish: short‑term indicator signals mostly “buy”, and momentum oscillators (like MACD) are supportive. 🔄 What to Watch: Scenarios for the Week Bullish breakout: If HDFC Bank closes above ~₹ 1,011–₹ 1,013 with good volume, there’s potential to rally toward ₹ 1,025–₹ 1,038 in coming days. Range‑bound / consolidation: If price hovers between ₹ 984–₹ 1,013, expect sideways action — possibly oscillating in that band. Bearish breakdown: A decisive close below ₹ 984 may send it toward ₹ 970–₹ 956, increasing risk of deeper downside, especially if market sentiment turns weak.
NSE:HDFCBANKEducation
by Knowledgehub
ABCAPITAL 1 Week Time Frame 📊 Key recent data & context 1. The stock recently closed around ₹349.80. 2. Over the past week it has delivered a positive return (roughly +6–7 %). 3. According to a recent technical outlook, immediate support is seen at ≈ ₹320.87, and major support at ≈ ₹316.08. On the upside, immediate resistance is around ≈ ₹333.77, with major resistance at ≈ ₹341.88. ✅ What to Watch — Possible Scenarios Bullish scenario: If price stays above ~₹333.8 and market sentiment holds up, stock could attempt a move toward ~₹341–342. Sideways / consolidation: Price may oscillate between ~₹320–₹335 if broader market remains neutral — could be a choppy week. Bearish scenario: A decisive break below ~₹320.9 (with volume) could drag price toward ~₹316 or lower — a risk point for short‑term holders. ⚠️ Other Technical Notes & Volatility The stock shows fairly significant volatility: 5‑week range typically ~5.85% for ABCAPITAL. Broader trend appears positive: moving averages and momentum indicators have been showing strength lately.
NSE:ABCAPITALLong
by Knowledgehub
KOTAKBANK 1 Week Time Frame 📊 Key context 1. Current price (as of recent trading) is around ₹2,110–₹2,120. 2. 52‑week high: ~ ₹2,301.90, 52‑week low: ~ ₹1,723.75. 3. The stock recently got a lot of attention due to a corporate action: a 1:5 stock split approved this month — which may increase liquidity and interest among retail investors. Level Type ₹ Price Support 1 (S1) ~ ₹2,070.90 Support 2 (S2) ~ ₹2,054.00 Support 3 (S3) ~ ₹2,029.50 Resistance 1 (R1) ~ ₹2,112.30 Resistance 2 (R2) ~ ₹2,136.80 Resistance 3 (R3) ~ ₹2,153.70 Interpretation On the upside, if the stock moves up past ~₹2,112–2,113, it may test higher resistance around ₹2,135–2,155. On the downside, if there’s weakness and the price breaks below ~₹2,071, support zones at ~₹2,054 and ~₹2,030 become important — if those give way the next pullback could be deeper. ⚠️ What could alter this outlook If broader market moves (Nifty/Sensex) are weak — banking stocks like Kotak often follow general market sentiment. Any news about bank’s financials, regulatory environment, or macroeconomic developments can change investor sentiment quickly. Post stock‑split, there may be increased volatility — as new investors enter, some profit‑booking can also happen
NSE:KOTAKBANKLong
by Knowledgehub
TATATECH 1 Day Time Frame 📌 Key recent data (approx as of last close): Last traded price: ~ ₹676.75. Day high / low: ~ ₹679 / ₹670.25. 52‑week high: ~ ₹973.85; 52‑week low: ~ ₹597. 🧮 What this suggests for today (intraday / short‑term only): If Tata Tech trades above ₹672.7, it could aim for ₹677–684 as short‑term resistance. A fall below ₹672.7 might push price toward ₹665–661 as support. ₹684–696 could act as a more extended intraday upside zone, if there’s bullish momentum. 🔎 Context & What to Watch Out For The 52‑week high is still much higher — so in a broader sense, the stock remains far off prior highs. On short‑term charts, some indicators (e.g. moving‑average crossovers / candle‑pattern heuristics) recently gave bearish / neutral signals. Volatility and broader market sentiment (especially in the auto / engineering‑services / global tech outsourcing space) can swing prices significantly — so these levels are very approximate.
NSE:TATATECHLong
by Knowledgehub
Veranda Learning - Weekly ChartNSE:VERANDA (Veranda Learning Solutions Ltd.) – Weekly Chart 📈 Breaking out of a long-term descending trendline with strong volume 💪 ➡️ Breakout Zone: ₹250–₹260 🎯 Targets: ₹280 / ₹305 🛡️ SL: ₹230 (Weekly Close) ⚠️ Disclaimer: This analysis is for educational purposes only and should not be treated as investment advice. Markets involve risks; consult your financial advisor before taking any investment or trading decision.
NSE:VERANDA
by advaitwealthmatrix
BSE_end of a corrective phase in short term or What ???🔍 Technical Analysis: BSE Ltd. (Weekly Chart) Current Price: ₹2,678.30 Weekly Change: +₹199.30 (+8.04%) 📈 Chart Overview The stock has broken out of a falling channel pattern, which typically signals the end of a corrective phase and potential resumption of the prior uptrend. The breakout candle is large and backed by strong momentum, reflecting renewed buying interest. Immediate Support >>> 2,551 – 2,586 >>> Prior resistance now turned support Major Support >>> 2,115 – 2,055 >>> Base of previous consolidation Immediate Resistance >>> 2,800 >>> Psychological and technical zone Major Resistance / Target >>> 3,039 – 3,200 >>> Prior swing high & pattern target 🔸 Pattern & Structure Pattern: Falling Channel Breakout Trend: Reversal from corrective to bullish Momentum: Strong bullish weekly candle post-breakout 🔹 Outlook If the stock sustains above ₹2,550 levels, it may extend towards ₹2,800 and ₹3,040 in the near term. Failure to hold above ₹2,550 could invite short-term profit booking, dragging price back toward ₹2,115 support zone. Bias: Bullish (Short-to-Medium Term) ⚠️ Risk Factors Overextension after sharp rally may lead to consolidation. Broader market correction could limit upside momentum. Watch for false breakout confirmation in the next 1–2 weekly candles. 📊 Summary BiasTimeframeActionBullish3–6 WeeksAccumulate on dips near ₹2,550–2,600; Book partial profits near ₹3,000–3,100 ⚖️ Disclaimer This analysis is for educational and informational purposes only and should not be construed as investment advice or a recommendation to buy/sell any securities. Market investments are subject to risks. Please consult your financial advisor before making any investment decisions.
NSE:BSE
by advaitwealthmatrix
Sona BLW Precision Forgings Ltd. - Weekly chart analysis Trend: Stock is in a long-term downtrend (since late 2024). Recent Action: Strong bullish candle with high volume, challenging/breaking the downtrend line. Key Levels: Resistance: Initial resistance near ₹510-₹520. Support: Immediate support near the trendline (if it holds) and major support around ₹400-₹410. Outlook: A confirmed weekly close above the trendline and ₹520 is bullish (potential reversal). Failure to hold the break and a pullback would confirm the bearish continuation. ⚠️ Disclaimer : This is a technical summary only for educational purpose and is NOT financial advice. Trading involves high risk. Consult a qualified advisor before investing.
NSE:SONACOMS
by advaitwealthmatrix
3
XAUUSD – H1 uptrend channel, short-term downside risk increasingXAUUSD – H1 uptrend channel, short-term downside risk increasing Brian – Prioritize short selling at the channel peak, wait to buy back at lower support I. Strategy Summary Gold is trading in an uptrend channel on H1, but the rise around 4.160 shows signs of weakening, increasing short-term correction risk. Preferred Scenario: Short sell at the channel peak 4.162–4.164, targeting support areas 4.145 – 4.130 – 4.115 – 4.100. After the correction, the 4.100–4.080 area may become the foundation for the next rise in the larger trend. Important price areas to watch: 4.139 – 4.127 – 4.110 – 4.088. II. Macro Context & News 27/11 02:00 – Fed releases Beige Book This document updates the Fed branches' assessment of the US economic situation. Describing slower growth, cooling price pressures will further reinforce expectations that the Fed will soon cut interest rates → supporting gold. Conversely, if the Beige Book describes the economy as still “resilient,” the market may temporarily slow down pricing in rate cuts → causing a short-term adjustment for gold. 19:30 – ECB releases October meeting minutes If the minutes lean towards the scenario of keeping high interest rates longer, the EUR may be supported, indirectly affecting the USD and gold inflows. However, the impact is usually not as strong as US data, mainly affecting the overall risk-on/risk-off sentiment. General Context: Gold has surpassed 4.160 USD/oz as the market increasingly expects the Fed to cut interest rates as early as December, reducing the appeal of interest-bearing assets and increasing the allure of gold – a non-yielding asset. This creates a support foundation for the medium-term uptrend, but after a hot rise, technical adjustments on H1 are normal. III. Technical Structure – H1 uptrend channel The price is within the H1 uptrend channel, with rising peaks and troughs, but the upper area near 4.160 coincides with: The upper boundary of the price channel. The “Sell POC” area on the chart – where liquidity and sell orders are concentrated. Preferred scenario on the chart: The price may slightly rebound to the POC area 4.162–4.164, then be rejected and slide to the important support area around 4.110 before extending the adjustment down to 4.100–4.080. The lower trendline of the uptrend channel also acts as a short-term buy area if a clear candle reaction appears. Notable price areas on H1: Resistance: 4.162–4.164 (channel peak + POC). Intermediate support: 4.139 – 4.127 – 4.110. Deep support: 4.088 – 4.080 – 4.100 (area that may form the bottom for the next rise). IV. Trading Plan 1. Preferred Scenario – Short sell at the channel peak Idea: Short sell when the price rebounds to the upper boundary of the H1 uptrend channel and POC 4.162–4.164, expecting a correction to support. Sell: 4.162–4.164 SL: 4.168 TP targets: TP1: 4.145 TP2: 4.130 TP3: 4.115 TP4: 4.100 This is a counter-move order in the uptrend channel, only targeting a short-term correction, not a major trend reversal scenario. 2. Supplementary Scenario – Short buy at support trendline Idea: When the price hits the lower trendline of the H1 uptrend channel and a nice candle reaction appears, consider a short-term buy according to the channel, prioritizing areas: 4.139 – 4.127 – 4.110 – 4.088 Specific Entry/SL levels will depend on the actual price reaction at the trendline, but the general principle: Buy close to the trendline, SL placed below the immediate support area, TP aimed at the middle of the channel or the nearest resistance. V. Risk Management & Notes Do not open new positions right before or at the time of the Beige Book and ECB minutes release, as volatility may suddenly increase, widening spreads. The sell order at 4.162–4.164 is a short-term counter-trend order in the uptrend channel, requiring moderate volume and strict adherence to SL 4.168. If the price clearly breaks and holds above the 4.170 area, the H1 correction scenario weakens – in that case, stay out, wait for a new structure instead of trying to maintain a sell view.
OANDA:XAUUSDShort
by BrianLionCapital
Samvardhana Motherson on Weekly TF1️⃣ Structure Overview The stock has been in a downtrend since mid-2024: Lower highs Lower lows A descending trend line acting as dynamic resistance (shown in red) Now, we observe the first clean breakout attempt above this trend line. 🔥 2️⃣ Multiple Confluences Point to Bullish Reversal ✔ Breakout above descending trend line Price has closed above the long-term declining trend line, which is the earliest sign of trend reversal. ✔ Horizontal resistance zone cleared The ₹110 – ₹112 supply/resistance zone has been taken out. This was tested multiple times → forming a major breakout area. ✔ Strong weekly candle The breakout candle is: Wide-range & Closed near the high Shows clear buying pressure (institutional action likely) This increases breakout reliability. 🧩 3️⃣ Key Levels Immediate Support Zone (Now Strong Support): ₹108 – ₹112 (Previous resistance → acting as support) Next Resistance Levels (Upside Targets): ₹122 – ₹124 (first resistance) ₹132 – ₹135 (swing high zone – major supply) ₹147 – ₹150 (major trend target) 🟢 4️⃣ Trend Reversal Confirmation Checklist Condition Status Trendline breakout > ✔ Confirmed Horizontal resistance breakout > ✔ Confirmed Higher low formation > ✔ Visible This is a textbook trend reversal setup on weekly time frame. 📉 5️⃣ Risk Management If one were to trade (not a recommendation): Entry Zone: ₹112–115 (breakout retest zone) Stop-loss: Below ₹98 (structural invalidation) Target 1: ₹132 Target 2: ₹148–150 🥇6️⃣ Professional Summary Bias: STRONGLY BULLISH (above ₹108–112 zone) Weekly trend line & horizontal resistance breakout Buyers taking control after multi-month weakness First strong higher-time-frame structure shift since mid-2024 Targets open up toward ₹122 → ₹132 → ₹150 A sustained weekly close above ₹115–118 strengthens the breakout even more. Disclaimer : This content is strictly for educational and informational purposes. Nothing shared here should be considered investment, financial, or trading advice. Markets involve risks. I am not a SEBI-registered financial advisor or research analyst. Viewers and readers must do their own research or consult a certified professional before acting on any information. Any gains or losses arising from market decisions will be solely your responsibility.
NSE:MOTHERSON
by advaitwealthmatrix
Candle Patterns Practical Trading Tips Using Candle Patterns Trade only with trend confirmation. A reversal pattern against a strong trend may fail. Look for patterns at key levels. Support, resistance, supply-demand zones enhance accuracy. Use stop-loss placement wisely. For example, below the wick of a Hammer or above the wick of a Shooting Star. Avoid trading every pattern blindly. Candle patterns tell probabilities, not certainties. Wait for candle close. Incomplete candles may give false signals. Use volume and structure to confirm. Patterns with volume are more reliable.
NSE:TATAPOWEREducation
by TechnicalExpress
Premium Chart Patterns Chart patterns provide clues about what buyers and sellers are doing: Buyers create demand, pushing prices higher. Sellers create supply, pushing prices lower. When these forces interact, certain shapes form on the price chart. These shapes—like triangles, flags, head and shoulders, double tops—help traders forecast the next big move. Patterns can be classified into two major types: Reversal Patterns – indicate a possible change in trend. Continuation Patterns – indicate the existing trend is likely to continue. Understanding both helps traders catch major market moves with good accuracy.
Education
by TechnicalExpress
Two Zones Strategy – Nested Zone Breakout (Telugu Explanation)🟦 Two Zones Strategy – Nested Zone Breakout (Telugu Explanation) 🧠 Concept (Main Idea) ఈ strategy లో రెండు consecutive zones ఏర్పడతాయి. ఆ రెండు zones ఇలా ఉండాలి: 1st Zone High ≤ 2nd Zone High 1st Zone Low ≥ 2nd Zone Low ఈ structure ని Nested Zone / Contraction Zone అంటారు. 🔍 ఇది ఏమి సూచిస్తుంది? Price slowగా compress అవుతుంది Market లో accumulation జరుగుతున్న సూచన Levels tighten అవుతున్నప్పుడు strong breakout వచ్చే అవకాశం చాలా ఎక్కువ ఈ pattern ప్రధానంగా momentum breakouts కోసం అత్యంత effective గా పని చేస్తుంది. 🟩 Entry Rule Entry చాలా simple & clean: ఏ candle అయినా 2nd Zone High పై close అయితే → అది breakout confirmation ఆ candle close = Entry Price అంటే wick కాదు, clean close కావాలి. 🟥 Exit Rule 🎯 Target Calculation Use 1 : 2 Reward Ratio 2nd Zone size = (2nd Zone High – 2nd Zone Low) Target = Zone size × 2 (from Entry Price) Example: Zone size = 1 point → Target = 2 points above Entry 🛑 Stop Loss (Optional) SL = 2nd Zone Low లేదా మీకు risk appetite ఉండి ఉంటే manual trailing కూడా పెట్టుకోవచ్చు ⭐ Strategy Highlights ✔️ Price contraction → Big move potential ✔️ Entry confirmation very clear (Close above Zone High) ✔️ Smaller SL → Higher Reward setups ✔️ Works best in stocks with momentum ✔️ Beginner-friendly breakout method ✔️ Clean RR planning before entry 📌 Suitable For Swing Traders Positional Traders Breakout Traders Weekly / Daily timeframe followers 📈 Timeframes Recommended 1W (Best) Avoid using on 5m/15m in volatile stocks
NSE:AXISBANKLong
by AMBSTOCKS
“Supply–Demand Reversal Setup”Analysis Price ne recent swing ke baad ek clear Supply/Demand zone create kiya hai. Zone ke andar strong rejection candles / wick rejections dekhne ko mil rahe hain, jo buyers/sellers ki active presence confirm karte hain. Trend direction: (Uptrend / Downtrend – apni chart ke hisaab se likh dena) Structure: Higher High – Higher Low / Lower High – Lower Low Zone type: Fresh + Untested / Multiple Reactions Setup Logic Price zone mein enter hote hi momentum slow ho gaya. Candlestick confirmation mila: Bullish engulfing / Hammer / Rejection wick Volume drop on pullback + volume rise on reversal → strong reversal indication. Trendline / EMA support (optional): Confluence added Entry Plan Entry: Zone ke andar confirmation candle close ke baad. Stop Loss (SL): Zone ke thoda neeche/uper (structure based SL). Target 1 (T1): Previous swing high/low. Target 2 (T2): Next major liquidity zone. Risk Management R:R minimum 1:2 to 1:3 maintain. Trade tabhi execute karunga jab zone respected ho aur confirmation mile. Conclusion Market abhi (bullish/bearish) tone maintain kar raha hai. Agar price zone ko respect karta hai, to strong move ki probability high hai. Break of zone = setup invalid.
by TheBottomHunter
Reliance - Multi time frame analysis...We are going to see the daily and weekly charts. It's beautiful to see how the patterns are aligning. The daily chart shows, the price has formed a rounding bottom, and right now it is testing the rounding bottom resistance/high. The weekly chart shows, the price is nearing the cup and handle pattern resistance, which is around the zone 1600. Support is at 1350. Any dip can be used as a buying opportunity as long as the price is above 1350. As per the daily chart, we can enter above 1520 with the stop loss of 1470 for the targets 1560, 1590, 1615, 1640, 1676 and 1712. If the price has enough bullish strength, it can test the 1800 and then the 2000 zone. Always do your analysis before taking any trade.
NSE:RELIANCELong
by vanathi