Chart Patterns
EMCURE – Long Base Breakout Near All‑Time HighEMCURE is breaking out from a ~4.5‑month long base between roughly ₹1,300 and ₹1,430 after a prior strong uptrend, with price now pushing above the earlier all‑time high zone near ₹1,530–1,580 on expanding volume, indicating a fresh momentum move in a strong pharma leader with improving fundamentals and recent 6‑month relative strength in price.
Engineers India Ltd (EIL) – Range Base Breakout StudyStudy Overview:
Price has been consolidating in a strong demand zone for a long time.
Despite previous selling pressure, no aggressive sell volume is visible.
RSI is holding above mid-zone, showing strength and accumulation.
MACD is gradually turning positive, hinting at a momentum shift.
What to watch:
🔹 Short-term opportunity on a clean breakout above the range.
🔹 Long-term hold potential if price sustains above resistance with volume.
🔹 Structure suggests smart money accumulation rather than distribution.
📌 This setup looks more like controlled consolidation before a possible upside breakout.
⚠️ Note: This is a technical study for educational purposes only, not a buy/sell recommendation.
ANURAS – Tight Baseless Consolidation Near 10 EMA Daily chart of ANURAS showing a strong prior up‑move followed by a basing consolidation just above the rising 20 and 50 EMAs, with current price tightening near the 10 EMA and a recent breakout candle indicating potential continuation of the existing uptrend.
SMS PHARMA – Ascending Trendline Breakout from First Sound BaseSMS Pharmaceuticals has formed a series of higher lows respecting a well-defined ascending trendline, followed by a tight first sound base consolidation near the 50/20 EMA cluster and a downward-sloping wedge. The stock has just broken out of this base with strong momentum and above-average ADR, with immediate swing levels around 343 as resistance and the rising trendline plus recent base low acting as key support for continuation.
$SUI PRICE FORECAST | IS $20 POSSIBLE? CRYPTOCAP:SUI PRICE FORECAST | IS $20 POSSIBLE? | ANALYSIS BY CRYPTOPATEL
CRYPTOCAP:SUI Is Showing A Clear High-Timeframe Smart Money Re-Accumulation Structure On The Weekly Chart After A Deep Correction From 2024 Highs.
Market Structure Overview
After A ~76% Drawdown, Price Swept Liquidity At The Lows And Printed A Strong Reversal, Signaling Demand Absorption And Institutional Interest.
Technical Confluence
Weekly Bullish Order Block: $1.50 – $1.30
OB Aligned With Fair Value Gap (Strong Demand Zone)
~45% Impulse Move Already Delivered From This Area
Price Structure Respects A Rising Channel
HTF Bias Turning Bullish
👉 Best Entry Zone ($1.50 – $1.30) Was Shared Earlier, Cleanly Filled, And Has Already Given ~45% Profit On A Short-Term Swing.
Targets (HTF Expansion)
TP1: $4.8 (Previous Weekly Resistance)
TP2: $18 – $20 (HTF Expansion + Psychological Zone)
⚠️ Invalidation
Weekly Close Below $1.20 Breaks The Bullish Structure
Final Thoughts
This Is A Patience-Based Weekly Setup, Not A Short-Term Trade. As Long As Price Holds Above The Bullish OB, Upside Expansion Remains The Higher Probability Scenario.
Disclaimer: TA Only. Not Financial Advice. Markets Are Probabilistic. Always Do Your Own Research.
South Indian Bank – Non Linear Base This daily chart of South Indian Bank highlights a classic nonlinear base between June and early October, followed by a strong episodic breakout that launched a new uptrend. Price has since formed a tight consolidation range near recent highs, riding above key moving averages (10/21/50/200 EMA cluster) and now attempting a fresh breakout around the 42 zone, with the annotation “If BO sustains” marking the potential continuation leg. The setup showcases prior accumulation, clean trend alignment in a major-bank smallcap, and a developing higher‑timeframe cup‑like structure, making it an attractive candidate for momentum and swing traders if price holds above the breakout level with volume support.
NIFTY : Trading plan for 07-Jan-2026
(Timeframe: 15-min | Gap consideration: 100+ points)
Key Levels to Track (from chart)
Upper Resistance / Extension: 26,392
Last Intraday Resistance: 26,320
Opening Resistance (Gap-up case): 26,250
Opening Support / Resistance (Pivot): 26,183 – 26,175
Opening Support (Gap-down case): 26,042 – 26,080
Last Intraday Support: 25,983
Lower Extreme Support: 25,839
🧠 Context: After a strong prior up-move, price corrected and is now hovering near a pivot band (26,183–26,175). Expect whipsaws early; clean direction needs acceptance above/below the pivot.
🟢 1. GAP-UP OPENING (100+ Points)
If NIFTY opens above 26,250, the market signals bullish intent but immediately faces overhead supply.
🎓 Educational Explanation:
Gap-ups near resistance often see early profit booking. Sustainable upside requires price acceptance (holding above levels on a 15-min close), not just a spike.
Plan of Action:
Avoid the first 10–15 mins; let volatility settle.
Sustain above 26,250 → test 26,320 (last intraday resistance).
Acceptance above 26,320 opens path toward 26,392.
Repeated rejection near 26,320 → expect pullback toward 26,250 → 26,183.
Options idea: Bull Call Spread (ATM buy + OTM sell) to reduce theta risk near resistance.
🟡 2. FLAT OPENING
If NIFTY opens inside 26,175–26,250, expect a range-bound start.
🎓 Educational Explanation:
Flat opens inside a pivot zone reflect indecision. Direction emerges only after a range expansion with volume.
Plan of Action:
Above 26,250 → bullish bias toward 26,320.
Failure at 26,250 keeps price rotating within 26,183–26,175.
Break & hold below 26,175 shifts bias toward 26,080 → 26,042.
Wait for 15-min close + volume before committing.
Options idea: Iron Fly / Narrow Strangle (light size) if range persists.
🔴 3. GAP-DOWN OPENING (100+ Points)
If NIFTY opens below 26,175, sentiment turns cautious.
🎓 Educational Explanation:
Gap-downs into support can trigger panic selling, followed by either short covering or continuation. Confirmation matters.
Plan of Action:
First watch zone: 26,080–26,042.
Sustain below 26,042 → downside toward 25,983.
Break of 25,983 increases probability of 25,839.
Strong bullish rejection from 26,080–26,042 may offer intraday bounce longs.
Options idea: Bear Put Spread (avoid naked puts near supports).
⚙️ Risk Management Tips for Options Trading 🛡️
Risk only 1–2% of capital per trade.
Prefer spreads near major levels to manage theta & IV.
Use time-based exits if premium stalls for 15–20 mins.
Book partials early; trail the rest.
No revenge trades after SL.
🧾 Summary & Conclusion
Above 26,250: Bulls active; hurdles at 26,320 → 26,392
26,175–26,250: Choppy pivot → patience pays
Below 26,175: Weakness toward 26,080 → 26,042 → 25,983
Trade reaction at levels, not predictions 🚦
⚠️ Disclaimer
I am not a SEBI-registered analyst. This content is for educational purposes only. Markets involve risk—consult your financial advisor before trading.
NIFTY VIEW FOR 07-01-2026Dear Trader,
In my opinion 2moro NIFTY will react as follows :
If opening is slightly GUP/GDOWN/FLAT → bearish bias
Resistances:
26,261 (intraday supply)
26,342 (major resistance)
Supports / Targets:
26,096 (minor)
26,015 (major)
Strategy: Sell on rise below opening level
Bias changes only if GUP will be BIG and price sustains above opening level
BTC Dominance (BTC.D) – Macro Structure BreakdownBTC Dominance Is Respecting A Multi-Year Symmetrical Triangle Structure That Has Been In Play Since 2017. Price Recently Tagged The Upper Resistance / Altcoins Accumulation Zone Around 64–66%, Where Strong Supply Entered The Market.
🔴 Technical Confluence:
Price Tapped A Bearish Order Block Near 65–66%
Resistance Retest Completed → Failure To Reclaim
Market Structure Turning Bearish Below 64%
Fair Value Gap (FVG) Formed At Resistance Acting As Supply
Momentum Weakness With Acceptance Below Prior Support
Downside Projection:
If This Breakdown Confirms, BTC.D Could Expand Lower Toward The Macro Support Trendline / Altcoins Take-Profit Zone Around 38–40%, Representing A Potential −25% To −36% Move Into Late 2026–2027.
Market Implication:
Bitcoin Dominance Decreasing = Big Altseason Rally Loading
Capital Rotation From BTC Into Altcoins Historically Aligns With This Phase.
Key Level To Watch:
Sustained Acceptance Below 58% Confirms Bearish Continuation.
❌ Invalidation:
Strong Reclaim And Acceptance Above 64–66% Resistance.
Bias: Bearish BTC Dominance → Bullish Altcoins
GMR Airport.. Can give breakout..GMR Airport.. Respecting the support every time..
Forming a Triangle pattern..
If gives a breakout from this pattern then one can look for first target of somewhere around 107 and book profit..
If sustains above well above 107 then we can re enter the trade with a price target of around 110..
Bharat Forge.. Ready for upmove..Bharat Forge.. Has formed a Cup & handle pattern..
Breakout is expected soon..
If it gives breakout then as per the pattern first target comes at around 1550 to 1560..
Lets see whether market support this sentiment or not ( Fingers Crossed ) :)
Book your profit accordingly..
Eternal Limited- cooling-off- AvoidETERNAL: CMP: 300.10; RSI: 38.51
Looks like we’ve wrapped a clean 5-wave up move from ₹220 → ₹365 and are now in a textbook A-B-C cooldown. Price is sitting right at the ₹294–305 support pocket (weekly basis).
The sharp post earnings gap up in late July (blue circled area) left an unfilled gap roughly in the ₹293–280 zone, which is now acting as a support shelf where price is repeatedly reacting. If eternal slips below 292 level, then there will be sharp price correction .
As long as we hold ₹294–305, the bigger bullish trend stays intact. This still looks like consolidation, not breakdown.
Support:
• ₹294–305 (gap support)
• ₹275–280 (200-DMA)
Resistance:
• ₹315–320 (falling 50-DMA)
• ₹340–345 (previous supply zone)
Indicators:
• RSI cooled from >70 to ~38 — normal reset.
• MACD flattening — could curl up if price stabilizes.
Bias: Neutral-to-Avoid. Expect chop between ₹290–320 before a possible breakout.
Trigger to watch: Strong close >₹320 with volume → likely push to ₹345–365.
Invalidation: Close <₹275 with heavy volume → downside room toward ₹250–255.
Not financial advice — just a technical chart read. Trade your plan. 🔍📈
📌 Thanks a ton for checking out my idea! Hope it sparked some value for you.
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DIVISLAB - Range-to-Breakout Attempt from Demand💹 Divi’s Laboratories Ltd (NSE: DIVISLAB)
Sector: Pharmaceuticals | CMP: 6642.5
View: Range-to-Breakout Attempt from Demand | Momentum Rebuild in Progress
Chart Pattern: Accumulation
Candlestick Pattern: Strong Bullish Marubozu | Bullish Engulfing
Price Action:
DIVISLAB has transitioned into a well-defined accumulation phase following a prolonged corrective decline. After forming a structural base near the 6200–6300 region, price action shows repeated demand absorption, indicating that selling pressure has been largely exhausted at lower levels. The recent session printed a decisive bullish expansion candle from within the range, signalling a shift in control back toward buyers. This move marks an early breakout attempt from consolidation, with price reclaiming the mid-range and pressing toward the descending supply line. While the broader structure is still evolving, the latest price behaviour reflects a clear change in character from compression to directional intent.
Technical Analysis (Chart Readings):
The chart reflects improving technical alignment following a prolonged consolidation. Price has delivered a strong bullish Marubozu / engulfing candle, highlighting decisive buyer dominance and minimal intraday supply. This expansion follows a visible Bollinger Band squeeze, pointing to a volatility release after compression. Short-term trend alignment is improving, with EMA 9–20 crossover visible and price stabilising above key short-term averages, while the broader trend remains in recovery mode. Momentum indicators support this transition, with RSI around 63 signalling strength without immediate exhaustion, MACD showing a positive crossover with expanding histogram, and ROC confirming positive rate-of-change momentum. Volume participation has expanded above recent averages, indicating that the move is supported by participation rather than a low-liquidity spike. Overall, the technical state suggests a momentum rebuild phase emerging from accumulation.
Key Levels (Chart Readings):
The chart highlights a clear demand–supply framework guiding near-term price behaviour. On the downside, a strong structural support zone is visible in the 6200–6000 region, which has acted as a base for accumulation and repeatedly absorbed selling pressure. Intermediate support levels around 6470, 6298, and 6203 further reinforce this demand structure. On the upside, overhead supply is visible near the 6700–7000 band, where prior price reactions indicate selling interest and distribution. Intermediate resistance levels around 6737, 6832, and 7004 mark zones where acceptance will be required for sustained upside continuation. The recent push from demand toward resistance reflects a range-to-expansion attempt, with price currently navigating a transition zone rather than an open trend environment.
Demand & Supply Zones (Chart Readings):
The chart outlines clearly defined demand and supply zones shaping short-term structure. On the Daily timeframe, a major demand zone is clearly established in the 6447-6345 region, where price previously(recently) formed a strong base followed by an impulsive upside move, highlighting long-term demand absorption and accumulation by higher-timeframe participants. This daily demand zone provides the broader structural floor for the current price action.
A swing demand zone is visible near the 6381–6345 region, which has acted as a base for higher-low formation and sustained buying interest. Within this, intraday demand zones around 6510–6481 highlight immediate support areas where buyers have been active during pullbacks. On the upside, supply zones remain clustered near the 7280–7330 region on higher timeframes, while nearer-term resistance is visible around the recent swing highs. Collectively, these zones frame the current environment, with price attempting to rotate upward from demand into overhead supply, making follow-through and acceptance key variables to monitor.
STWP Trade Analysis:
DIVISLAB has triggered a bullish expansion from an accumulation base, supported by improving momentum and expanding volume. From an intraday perspective, price holding above the 6660 zone keeps the bullish bias intact, with scope for continuation toward the upper resistance bands as long as demand remains defended. From a short-term swing standpoint, the same zone supports a broader mean-expansion framework over the next few sessions, provided price continues to build above reclaimed levels without slipping back into compression. The STWP view remains constructively bullish, with trend bias turning upward, RSI reflecting healthy strength, and volume behaviour confirming participation. Risk, however, remains elevated due to the proximity of overhead supply, making disciplined position sizing and structure-based risk management essential.
Final Outlook:
Momentum: Strong
Trend: Up
Risk: High
Volume: Moderate
The structure favours a continuation attempt as long as price sustains above demand zones, but confirmation through acceptance above resistance is required for trend acceleration. Traders should prioritise structure, risk control, and follow-through over prediction during this transition phase.
⚠️ STWP Educational & Legal Disclaimer
This content is shared strictly for educational and informational purposes only. All discussions, illustrations, charts, price zones, and options structures are meant to explain market behaviour and do not constitute any buy, sell, or hold recommendation. STWP does not provide investment advice, trading calls, tips, or personalized financial guidance, and is not a SEBI-registered intermediary or research analyst.
The analysis is based on publicly available market data and observed price–derivatives behaviour, which is dynamic in nature and may change without notice. Financial markets involve inherent risk, and derivatives carry elevated risk, including the potential for significant capital loss. Factors such as option premiums, implied volatility, open interest, delta, and other Greeks can shift rapidly and unpredictably.
All trading and investment decisions, including position sizing and risk management, are solely the responsibility of the reader. Always consult a SEBI-registered investment advisor before taking any financial action. STWP, its associates, or affiliates shall not be liable for any direct or indirect loss arising from the use of this material. Past patterns, structures, or historical behaviour must never be treated as guarantees of future outcomes.
Position Status: No active position in this instrument at the time of analysis
Data Source: TradingView & NSE India
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COFORGE - I AM LONG Bullish outlook on Coforge, identifying a high-probability reversal setup. The stock has corrected significantly from its highs but has now established a robust demand zone around the 1,600–1,615 levels (visible as the consolidation base in your chart).
Fundamental Catalysts: The recent correction offers a "value buy" opportunity, underpinned by the $2.35B acquisition of Encora (announced late Dec 2025). This deal significantly boosts Coforge’s AI and data engineering capabilities, supporting management's target of a $2B revenue run-rate by Q4FY26. Additionally, robust Q2 deal wins ($514M) and margin expansion provide a strong floor for valuations.
Technical Targets: The price action indicates a bounce from oversold territory (RSI < 30).
1st Target (1,735): This level acts as immediate resistance and aligns with the mean reversion to the short-term moving averages.
2nd Target (1,820): A sustained move above 1,735 opens the path to 1,820, filling the gap towards the 50-day EMA.
Risk Management: A daily close below 1,600 would invalidate this reversal setup.
APOLLOHOSP - Range-to-Reversal Attempt from Demand Zone💹 Apollo Hospitals Enterprise Ltd (NSE: APOLLOHOSP)
Sector: Healthcare | CMP: 7348
View: Range-to-Reversal Attempt from Demand Zone | Early Momentum Rebuild
Chart Pattern: Accumulation
Candlestick Pattern: Strong Bullish Marubozu | Bullish Engulfing
Price Action:
APOLLOHOSP has been in a corrective phase after a prior uptrend, trading within a descending structure marked by a clear trendline connecting lower highs. Price recently reacted strongly from a long-term support zone near the lower boundary of the range, forming a decisive bullish candle that signals demand absorption at lower levels. While the broader structure still carries corrective characteristics, the recent move reflects an early attempt at reversal and mean reversion, with price pushing back toward the mid-range as it approaches the declining supply line and overhead resistance zone.
Technical Analysis (Chart Readings):
The chart reflects a high-confluence bullish technical state where multiple indicators are aligning simultaneously. Price has printed a strong bullish Marubozu / engulfing candle, indicating clear buyer dominance with minimal intraday supply, and this move is accompanied by Bollinger Band expansion following a squeeze, pointing to a volatility release after a consolidation phase. Trend alignment is visible through the upward crossover of EMA 9–20 and price holding above the EMA 200, further supported by bullish SuperTrend and VWAP structure, suggesting acceptance of higher price levels. Momentum indicators reinforce this shift, with RSI at 60.52 signalling a breakout into strength territory, MACD remaining positive with an expanding histogram, ADX near 29.87 reflecting a strengthening trend environment, and ROC at 4.17 percent confirming positive rate-of-change momentum. Volume readings show active participation, with current volumes meaningfully above average, highlighting conviction behind the move rather than a low-liquidity spike. Relative strength versus NIFTY at 4.14 percent indicates short-term outperformance, while the mid-range 52-week positioning suggests the move is occurring within structure rather than at an extreme, together portraying a synchronized alignment of price, trend, momentum, volatility, and volume consistent with a developing directional expansion phase.
Key Levels (Chart Readings):
The chart highlights a well-defined demand–supply structure shaping price behaviour. On the downside, a strong demand zone is visible in the 6900–6800 region, from where price has repeatedly found support, indicating sustained buying interest and accumulation at lower levels. This zone is further reinforced by clearly marked support levels around 7138.67, 6929.33, and 6818.67, establishing a layered support base rather than a single-point level. On the upside, price has previously reacted sharply from the overhead resistance band near the 7800–8000 zone, marked as a possible supply area, suggesting distribution and selling pressure at higher levels. Intermediate resistance levels around 7458.67, 7569.33, and 7778.67 indicate zones where price has struggled to sustain upward momentum in the past. The recent bounce from the demand zone back toward the mid-range reflects a range-to-reversion move within structure, while the overhead resistance is still relatively weak but present, implying that acceptance above these zones would be required for sustained upside. Overall, the chart reads as a market transitioning from demand-led support toward a test of overhead supply, with price currently navigating between clearly defined structural boundaries rather than moving in an uncharted zone.
Demand & Supply Zones (Chart Readings)
The chart outlines a clearly defined demand–supply structure guiding near-term price behaviour. A possible swing demand zone is observed between 7091.50–7072.50, where price has previously attracted sustained buying interest, establishing a structural base within the broader range. Nested within this area, a possible intraday demand zone around 7091.50–7077.50 highlights immediate short-term demand, indicating active participation at these levels. On the upside, possible intraday supply zones are identified near 7282.00–7294.50 and 7321.00–7331.50, where prior price reactions suggest the presence of supply and potential short-term resistance. Collectively, these zones frame the current price environment, with price positioned between nearby demand and overhead supply, making them important reference areas for observing future price reactions.
STWP Trade Analysis:
APOLLOHOSP has triggered a decisive bullish expansion, marked by a wide-range green candle supported by high volume, indicating strong demand emergence after a prolonged corrective phase. From an intraday perspective, the stock holds a bullish bias above the 7360 zone, with the structure allowing for momentum continuation toward 7986.88 and 8404.8, while risk remains defined below 6837.6, making this setup suitable only for traders comfortable with volatility. From a swing (hybrid) standpoint, the same entry zone supports a broader mean-expansion framework over the next few sessions, where sustained participation can open upside potential toward 8927.2 and 10102.6, with structural invalidation placed near 6576.4. The STWP view remains constructively bullish, with the trend aligned upward, RSI at 60.52 reflecting healthy strength without exhaustion, and volume expansion (Vol X 2.01) confirming conviction behind the move. The learning takeaway from this setup is to prioritise structure, controlled risk per trade, and post-trade review over prediction, especially during high-momentum phases.
Final outlook remains positive with strong momentum and an upward trend, while risk is elevated due to volatility, making disciplined execution and risk management critical as long as volume support sustains.
⚠️ STWP Educational & Legal Disclaimer
This content is shared strictly for educational and informational purposes only. All discussions, illustrations, charts, price zones, and options structures are meant to explain market behaviour and do not constitute any buy, sell, or hold recommendation. STWP does not provide investment advice, trading calls, tips, or personalized financial guidance, and is not a SEBI-registered intermediary or research analyst.
The analysis is based on publicly available market data and observed price–derivatives behaviour, which is dynamic in nature and may change without notice. Financial markets involve inherent risk, and derivatives carry elevated risk, including the potential for significant capital loss. Factors such as option premiums, implied volatility, open interest, delta, and other Greeks can shift rapidly and unpredictably.
All trading and investment decisions, including position sizing and risk management, are solely the responsibility of the reader. Always consult a SEBI-registered investment advisor before taking any financial action. STWP, its associates, or affiliates shall not be liable for any direct or indirect loss arising from the use of this material. Past patterns, structures, or historical behaviour must never be treated as guarantees of future outcomes.
Position Status: No active position in this instrument at the time of analysis
Data Source: TradingView & NSE India
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“Gold Base Holds — Ready for Breakout?”📊 Technical Chart Analysis (XAU/USD)
📌 Key Levels
Strong Support Zone (Red Box) – Price has been respecting this area and has bounced multiple times — signaling accumulation/support.
Mitigated FVG & CHoCH Area (Green Zone) – This area shows prior imbalance and a possible change of character, now acting as resistance.
Higher Resistance Region (Dark Grey) – A key supply zone the price may target if bullish momentum continues.
Important Horizontal Levels:
• Around ~4300—support (green line)
• Around ~4258—deeper support (red horizontal)
📈 Bullish Scenario (Preferred)
✔ Price is holding above support.
✔ A potential CHoCH (Change of Character) indicates buyers may be stepping in.
✔ The mitigated FVG zone above ~4375/4400 is a logical target if bullish momentum resumes.
✔ The black dashed path on your chart suggests a retest of the support before continuation.
Bullish Path:
Retest support
Bounce and clear local resistance
Rally up toward the grey supply zone above ~4400–4500
📉 Bearish Alternative
If support breaks decisively:
Price could revisit the deeper support ~4258 (red horizontal)
Then possibly resume higher momentum from that level (red dashed path)
🧠 Fundamental Reasons Supporting Bullish Gold (2026)
Here are core macro drivers that could push gold prices higher:
✔ 1. Central Bank Buying & Safe-Haven Demand
Major central banks have been accumulating gold reserves aggressively, reinforcing structural demand and reducing available supply.
The Times of India
✔ 2. Anticipated Monetary Easing
Markets increasingly expect interest rate cuts or easier policy from major central banks in 2026. Lower rates reduce the opportunity cost of holding gold (which doesn’t yield interest).
State Street Global Advisors
✔ 3. Weakening U.S. Dollar
Gold is priced in USD — a weaker dollar typically boosts gold due to increased purchasing power for foreign buyers.
State Street Global Advisors
✔ 4. Geopolitical & Economic Uncertainty
Inflation risk, geopolitical tensions, and global macro instability have historically driven capital into gold as a hedge and safe-haven asset.
Financial Times
✔ 5. Portfolio Diversification & ETF Inflows
Record flows into gold ETFs and strategic institutional allocations have supported price strength.
Morgan Stanley
🟢 Bullish Fundamental Summary
Gold’s fundamentals point to a continued structural bull cycle — even if price consolidates in the short term. Central bank demand, possible rate cuts, USD weakness, and geopolitical uncertainty all provide strong backing for a continued uptrend into 2026.
State Street Global Advisors
+1
📌 Technical + Fundamental Confluence
Bullish Scenario is stronger if:
• Support holds above ~4300–4258
• Price breaks above mitigation zone around ~4400
• Volume increases on upward moves
NIFTY MAJOR BREAKOUT (PRIMARY IDEA)
Bias: Bullish
Timeframe: Daily / Positional
📌 Observation
Rounded bottom completed
Price testing ATH resistance ~26,200–26,300
RSI holding above 50 → bullish control
No bearish divergence visible
🟢 Trade Setup
Entry: Daily close above 26,300
Targets:
🎯 26,700
🎯 27,200
🎯 28,000–28,500 (projection zone)
Stop-loss: 25,950 (closing basis)
📈 Structure: Breakout + trend continuation
🧠 Logic: Cup completion + momentum expansion
Muthootfinance -Short for 8 % Bearish points
Price at upper parallel channel resistance
Bearish rejection candle with long upper wick
Failure to close above resistance trendline
MACD negative divergence (higher highs in price, lower highs in MACD)
Momentum weakening / MACD histogram contracting
No strong volume confirmation on upside
Price overstretched above fast EMA → mean reversion risk
Risk–reward favors downside (limited upside, larger pullback potential)






















