Chart Patterns
Nifty Rising Channel in ControlGreetings TradingView community! Sharing my market view based purely on price structure and trend behavior for Nifty. As always this is not a prediction but a technical roadmap trade responsibly, manage risk, and let price guide the decisions. Wishing everyone disciplined trades and consistent progress
Nifty price continues to trade inside a clearly defined rising channel, maintaining its broader bullish structure. The recent breakout above a long-observed horizontal resistance level is a constructive development and shifts the short-term market structure in favor of the bulls.
This previously capped zone has now turned into an important decision area. As long as price sustains above it, the market opens up space for a continuation move toward the upper boundary of the rising channel.
Markets rarely move in a straight line so If price temporarily slips below this horizontal support, it should be viewed as a healthy pullback within the trend, not a breakdown. In such a scenario the rising channel support line becomes the next high-probability demand zone, where price is expected to stabilize and attract fresh buying interest. A reaction from this region would further reinforce the strength of the underlying trend and preserve the higher-low structure.
The broader setup remains constructive as long as price respects the rising channel and no decisive breakdown occurs below channel support
The trading plan remains simple and disciplined-:
Look for long continuations on strength above support, Be patient for pullback-based long opportunities if the market offers better risk-reward near channel support and as long as price trades within this rising channel, the trend deserves respect and the bias remains upward.Upside target remains the rising channel resistance, which acts as the natural profit zone within the trend.
Regards- Amit.
NIFTY : Trading levels and Plan for 05-Jan-2026📘 NIFTY Trading Plan for 5-Jan-2026
(Timeframe: 15-min | Gap consideration: 100+ points)
Key Levels to Track (from chart)
Upper Target / Extension: 26,658
Last Intraday Resistance / Profit Booking Zone: 26,467 – 26,483
Opening Resistance Zone: 26,335 – 26,296
Opening Support: 26,289
Last Intraday Support: 26,237
Lower Support (Extreme): 26,162
🧠 Context: NIFTY is in a strong bullish structure, trading above key supports. However, price is approaching profit-booking zones, so reactions at resistance will decide continuation vs pullback.
🟢 1. GAP-UP OPENING (100+ Points)
If NIFTY opens above 26,335, it signals continuation strength.
🎓 Educational Explanation:
Gap-up openings after a rally often attract early profit booking. True strength is confirmed only if price accepts above resistance and holds.
Plan of Action:
Avoid trading the first 10–15 minutes; let volatility settle.
Holding above 26,335–26,296 keeps bullish momentum intact.
Sustained move above 26,483 opens path toward 26,658.
Sharp rejection from 26,467–26,483 → expect intraday pullback.
Options traders: Prefer ATM / ITM Call buying on retest-and-hold or use Bull Call Spread near resistance.
🟡 2. FLAT OPENING
If NIFTY opens around 26,289–26,335, market enters a decision zone.
🎓 Educational Explanation:
Flat opens indicate temporary balance. Direction emerges only after a range break, otherwise price may chop and decay option premiums.
Plan of Action:
Above 26,335 → bullish bias toward 26,467–26,483.
Failure near 26,335 may lead to sideways movement.
Break below 26,289 increases probability of test toward 26,237.
Trade only on clear breakout or rejection with volume confirmation.
Options traders: Consider non-directional strategies (Iron Fly / Short Strangle) if range persists.
🔴 3. GAP-DOWN OPENING (100+ Points)
If NIFTY opens below 26,289, expect cautious sentiment initially.
🎓 Educational Explanation:
Gap-downs into strong supports often trigger short covering or dip buying. Aggressive shorts near support are risky without confirmation.
Plan of Action:
First support to watch: 26,289.
Acceptance below 26,237 → downside toward 26,162.
Strong bullish candles near 26,237–26,162 may give bounce trades.
Only short if price fails to reclaim supports with weak structure.
Options traders: Prefer Put spreads instead of naked puts to manage risk.
⚙️ Risk Management Tips for Options Trading 🛡️
Risk only 1–2% of total capital per trade.
Avoid chasing breakouts near profit-booking zones.
Use time-based exits if premium stalls for 15–20 minutes.
Book partial profits early; trail the rest.
Avoid over-trading during sideways phases.
Prefer ATM options or spreads over far OTM buying.
🧾 Summary & Conclusion
Above 26,335: Bulls remain in control toward 26,483 → 26,658
Between 26,289–26,335: Market in balance → wait for clarity
Below 26,289: Pullback possible toward 26,237 → 26,162
Focus on price behavior at levels, not excitement 🚦
Discipline and patience will protect profits in a trending market.
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Markets involve risk; please consult your financial advisor before taking any trade.
VBL – Is their a wedge Breakout- swing trade Scenario...???Varun Beverages Limited;- CMP: 493.80; RSI: 54.95
Trading plan based on the weekly chart of Varun Beverages Limited 🔍Visible Chart Patterns are as belwo
1️⃣ Falling Wedge / Descending Channel
Lower highs + flat to slightly rising lows
This is a bullish reversal / continuation pattern
2️⃣ Base Formation
Price holding above long-term moving average (200 WMA)
Selling pressure is reducing, volatility is contracting
3️⃣ Mean Reversion Zone
Price hovering near 50–100 WMA cluster
Indicates value buying zone, not breakdown
🎯 Trading Strategy (Swing Trade)
📌 Entry:
• Above ₹500–505 (weekly close above channel resistance)
⛔ Stop Loss:
• ₹470 (below recent higher low)
🎯 Targets:
• T1: ₹540–550
• T2: ₹590–600 (major supply & trendline zone)
⚠️ Neutral / Range Trade (If No Breakout)
• Buy near ₹460–470
• Sell near ₹520–530
• Keep tight SL below ₹450
📌 Thanks a ton for checking out my idea! Hope it sparked some value for you.
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Gold Rewards Timing, Not Activity🟡 Gold Rewards Timing, Not Activity ⏳✨
Gold is not a market that rewards constant action.
It rewards waiting, observation, and precise timing.
Many traders believe that trading more means earning more. In Gold, this mindset often leads to overtrading, emotional decisions, and unnecessary losses.
⏱️ 1. Gold Moves in Phases, Not Constant Trends
Gold spends a large amount of time in:
consolidation 🔄
slow accumulation 🧩
controlled ranges 📦
During these phases, price appears “boring,” but the market is actually preparing.
Trading aggressively in these conditions usually means trading noise, not opportunity.
🧠 2. Activity Feeds Emotions, Timing Controls Risk
High activity leads to:
impatience 😤
forced entries 🎯
emotional exits ❌
Good timing, on the other hand, comes from:
understanding context 🧭
waiting for price to show intent 📊
acting only when conditions align ✅
Gold punishes impatience faster than most markets.
🏦 3. Institutions Trade Less, But Trade Better
Large players do not chase every candle.
They wait for:
liquidity to build 💧
weak hands to exit 🧹
price to reach meaningful zones 📍
When timing is right, Gold often moves fast and decisively — leaving overactive traders behind.
⚡ 4. Big Gold Moves Come After Quiet Periods
Some of the strongest Gold expansions begin after:
low volatility 😴
reduced participation 📉
trader boredom 💤
This is why patience is not passive — it is strategic.
🧩 Key Insight
In Gold, doing less at the right time often outperforms doing more at the wrong time.
🎯 Final Takeaway
❌ More trades ≠ more profits
✅ Better timing = cleaner execution
🟡 Gold rewards discipline, context, and patience
Master timing, and activity will take care of itself.
02 Jan 2026 - Nifty on the verge of breaking out after a 2 monthNifty Stance Bullish 🐂
We may be looking at a possible breakout trade from the range 25600–26200 after almost two calendar months. Every time Nifty has been in a consolidation, we have seen a strong breakout or breakdown rally soon after. So, a consolidation phase is a low-key, no-profit period for trend followers, but this time another villain hit us hard - Low VIX.
The consolidation phase with a VIX in the single digits is damn dangerous, as option premiums get heavily skewed. What I noticed is that the theta decay was out of proportion. Even if a monthly credit spread spent a week at the same level, the loss in premium due to the time factor would be so low that a 25 to 50 points move in the opposite direction takes your position to a heavy loss.
I did not try the iron condor or fly over the last two months, so I have no clue how they would have performed, but the credit-spread that usually works like a charm with VIX > 13 was taken to the rags this time.
Everything is looking good for Nifty, but the recent news from Venezuela may not be well received, especially in segments that are impacted by crude oil.
The US has many reasons to invade other countries and to take their leaders into custody. Not a political analyst here, but there is a harmony for things right. Can the US guarantee that there would not be a riot in Venezuela after what they did?
Nifty ATH vs. Trump’s War: Monday Levels to watchNifty just hit a historic All-Time High of 26,340 on Friday. But over the weekend, Donald Trump sent shockwaves through the world—attacking Venezuela and capturing Maduro. This Monday, we aren't just trading charts; we are trading geopolitics. Is this the end of the rally or a massive 'Buy the Dip' opportunity? Let’s look at the pre-market levels.
Momentum for BTC || Bullish or Bearish🔵 LONG TERM TREND:
Overall structure is sideways after a downtrend Price is below Daily EMA 100 → long-term trend still weak. Recent candles show base formation around 88k–90k
🔵 INTRADAY VIEW (15m – Fine Tuning)
Observations Price riding EMA 100 Minor pullbacks are shallow RSI not extreme → no immediate sell pressure.
Entry Zone
89,800 – 90,500 (pullback to EMA)
Stop Loss
Below 86,500 (below recent higher low)
Targets
Target 1: 93,500
Target 2: 96,000
Disclaimer- This analysis is provided for educational and informational purposes only and should not be considered financial, investment, or trading advice.
Canara Bank cmp 154.87 seen by the Monthly Chart view since listCanara Bank cmp 154.87 seen by the Monthly Chart view since listed
- Support Zone 129 to 142 Price Band
- Resistance Zone 155 to ATH 164.22 Price Band
- Bullish Cup and Handle Breakout done above Support Zone
- Stock Price ready for New ATH beyond current ATH 164.22 level
- Double Bullish patterns of Rounding Bottom inclusive of Cup and Handle
- Basis both Technical Chart patterns, the logical target price comes to +/- 300
Breakout in Nifty Auto...Chart is self explanatory. Levels of breakout, possible up-moves (where index 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.
UGRO Capital Ltd – Acending Triangle with Fundamental TailwindsTimeframe: Daily (1D)
Pattern: Ascending Triangle (Developing) – bullish continuation setup not yet confirmed.
Price Action Insight:
UGRO is forming an ascending triangle — a consolidation where higher lows push against a near‑horizontal resistance zone. A decisive breakout above the ₹189‑195 range on strong volume will signal trend continuation. Conversely, a break Trend line Breakout below key supports at ₹165 & ₹148 could trigger deeper correction.
Key Technical Levels:
Resistance Zones: ₹189–195 (primary) | ₹209 | ₹242
Support Zones: ₹165 | ₹148 | Major Base: ₹129
Recent News & Strategic Highlights
• Profectus Capital Acquisition: UGRO’s all‑cash ₹1,400 crore acquisition is expected to strengthen its lending franchise and portfolio diversity.
• Rights & Capital Raise: Up to ₹1,315 crore raised via convertible debentures and rights to support growth and reduce cost of funds. ET
• Leadership Positioning: Promotion of Anuj Pandey to CEO signals strategic continuity and risk‑focused leadership. ET
• Social Impact in MSME Lending: ~78% borrowers are first‑generation entrepreneurs gaining access to formal credit. ET
For analysis of any stock, feel free to comment the stock name below.
This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Market investments are subject to risk, and past performance does not guarantee future results. Please consult a SEBI-registered financial advisor before making any investment decisions. The author is not responsible for any losses arising from the use of this information.
SANSERA ENGG@1871Not a SEBI registered, just sharing idea. On weekly time frame SANSERA @1871 gave breakout from rounding bottom @1767 with volume. Entry can be made 1871 and @1767, SL-1700 Target 1-2600 in 2-3 month, 2-3300 in 5-6 month. It is in Bull trend RSI on DAILY, WEEKLY >70 and MONTHLY>=70.
Breakout in CSB Bank Ltd...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.
Bitcoin (BTC/USD) – 1H Technical AnalysisBitcoin remains in a broader bearish structure, clearly visible through a sequence of Lower Highs (LH) and Lower Lows (LL) on the 1-hour timeframe. This confirms that sellers have been in control for most of the recent trend.
🔻 Trend Structure
Strong downside momentum earlier, followed by sideways consolidation
Price continues to respect a descending trendline, acting as dynamic resistance
Any rally into this zone has so far faced selling pressure
🔑 Key Levels
Major Resistance: ~91,200 – 91,500
(Previous breakdown zone + trendline resistance)
Immediate Support: ~88,000
Lower Support Zone: 84,000 – 82,000
📈 Current Price Action
BTC is attempting a short-term recovery from the consolidation base
Momentum is improving, but trend reversal is not confirmed yet
A strong breakout and hold above 91,500 is required to shift bias bullish
🧠 Market Bias
Below resistance: Bearish to Neutral (sell-on-rise mindset)
Above resistance: Short-term bullish continuation possible
Patience is key until the market shows clear acceptance above resistance
⚠️ Trading Note
This is a critical decision zone. Expect volatility and fake breakouts near resistance. Always manage risk and wait for confirmation.
Reliance Industries Ltd – 1D Chart Update || Pattern-DrivenTimeframe: Daily (1D) || Pattern: Cup & Handle (Bullish)
LTP: ₹1,592
Reliance Industries is showing a classic Cup & Handle formation on the daily chart, indicating strong accumulation and a potential continuation of the prevailing uptrend. Price action remains constructive, supported by rising volumes and positive momentum indicators.
Key Technical Levels:
Support: ₹1,433 | ₹1,335
Resistance: ₹1,709 | ₹1,863
A sustained move above the handle breakout zone can open the door for further upside toward the mentioned resistance levels, while the supports act as crucial demand zones on any corrective pullback.
Company & Sector Updates:
Reliance continues to benefit from strength across its diversified businesses. The Oil-to-Chemicals segment is supported by favorable refining economics, while Jio and Retail remain long-term growth drivers. Strategic focus on technology, digital expansion, and new-age businesses like AI and FMCG strengthens the company’s future outlook. Market participants are also closely watching developments around value unlocking and upcoming strategic initiatives.
View:
Overall structure and fundamentals indicate a positive bias, with trend continuation likely as long as the stock holds above key support levels.
For analysis of any stock, feel free to comment the stock name below.
This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Market investments are subject to risk, and past performance does not guarantee future results. Please consult a SEBI-registered financial advisor before making any investment decisions. The author is not responsible for any losses arising from the use of this information.
Sai Life Sciences cmp 921.70 by the Daily Chart view since listeSai Life Sciences cmp 921.70 by the Daily Chart view since listed
- Support Zone 865 to 895 Price Band
- Resistance Zone 923 to ATH 943 Price Band
- Volumes are regularly spiking well above the average traded quantity
- Darvas Bos Setup seems like repeated basis the current technical chart setup
- Rising Price Channels are in good sync to each other at ending and fresh new start
- Considerate Bullish Rounding Bottoms and/or Rising VCP pattern, as one may interpret
- Darvas Box Setup : Stock trending within 845 to ATH 943 price band since ATH on 25-Aug-2025
Nifty 50 Price Structure Analysis [05/01/2026: Monday]Top-Down Nifty 50 Price Structure Analysis for 05th of January 2026. The day is Monday.
(1) Monthly Time Frame:
The candle is so far bullish. Price set a new all-time high (ATH). The moment the price starts to trade above level 26350, last month's candle will be engulfed. Strong support is 26200. Weak resistance is 26400. The view is bullish.
(2) Weekly Time Frame:
This week's candle shows a volatile session. Bears are badly trapped at level 25900. This week's market made a new ATH. The candle is a strong bullish candle with features similar to a bullish hammer. Additionally, the candle engulfed last week's candles. Weak resistance is 26350. Major resistance is 26400. Strong support zone is (26250 - 26200). Doubt every down move. The view is bullish.
(3) Daily Time Frame:
A strong bullish candle. Though there are wicks but the candle can be featured as an imperfect bullish marubozu. A very strong support zone is (26250 - 26200). Doubt every down move. Weak resistance is 26350. Strong resistance is 26400. However, there is a higher probability of the price to start trading above the level 26400. The view is bullish.
(4) 30-Minute Time Frame:
The session shows strong bullish dominance. The last 1-hour activity confirms that bears will be bullied every time there is a dip. The higher highs structure is intact. Strong support at the levels - 26300, 26250, and 26200. Doubt every down move. Weak resistance is 26350. Strong resistance is 26400. The view is bullish.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price stays above level 26300.
(iii) Possible bullish targets after the price breaks out level 26350 are - 26400, 26450, and 26500.
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price starts to trade below the level 26200.
No Trading Zone (NTZ): (26300 - 26200).
Events: No expiry on Monday. No high-impact event on Monday.
Summary of the Trading Plan (Hypothesis and Insights):
(i) The monthly TF bias is bullish.
(ii) The weekly TF bias is bullish.
(iii) The daily TF bias is bullish.
(iv) The 30-minute TF bias is bullish.
(v) Establish intraday bias with respect to the opening price.
(vi) No trading zone (NTZ): (26300 - 26200).
(vii) There is a higher probability of a bullish move. There is a negligible chance of a bearish move. Doubt every down move as there is a strong support area till 26200.
(viii) After price breaks out above the level 26350, the probable targets would be - 26400, 26450, and 26500.
(ix) Trade only if there is either a bullish/ bearish scenario. Otherwise, don't trade. Remember, not trading is an extension of trading activity. BE RESPONSIBLE.
NOTE:
"Mark your points. Trade your points. Price is God. Anything can happen in the markets. Therefore, trade what you see, not what you believe."
Happy Trading!






















