Chart Patterns
TechMahindra BreakoutHi All…
Greetings!
Today I’m sharing with you Tech Mahindra Daily Chart. There has been a good break out in the stock. The stock has made a Double Bottom Pattern and has crossed its Down Trend Line. I think it would a good time to invest in the stock. Hoping for the stock to reach the TGT of 1680.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
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Disclaimer – These ideas shared by me to all are my personal analysis / views. I'm not a SEBI registered technical analyst.
Kirloskar Brothers cmp 1647.20 by Daily Chart viewKirloskar Brothers cmp 1647.20 by Daily Chart view
- Support Zone 1510 to 1610 Price Band
- Resistance Zone 1760 to 1860 Price Band
- Support Zone tested retested over past 2 weeks
- Support Zone sustained thou price dipped below 3 times
- Volumes synced with avg traded qty with heavy spikes too
- Rising Support Trendline since May 2024 seems well respected
XAUUSD (H4) – Weekly Outlook (Dec 22–26)Buy the dip inside the channel, watch for a short-term correction after Wave 5
Strategy summary for next week
On the H4 chart, gold is still trading inside a mid-term rising channel. However, the wave structure suggests Wave 5 is likely finished, so next week I’m focusing on two main ideas:
Mid-term BUY bias, but only if price pulls back to a better liquidity area.
Short-term SELL correction, triggered only with confirmation (break below 4309) on the lower timeframe.
1) Technical view: Uptrend channel holds, but a correction is likely
Price is currently in the upper half of the channel → not an ideal spot to chase buys.
The chart highlights two key liquidity areas:
Liquidity Sell Zone near 4433 (upside target, only valid if price builds a clean path higher).
Strong Liquidity around 4254 (the area where I want to reload mid-term buys).
Meaning: The channel is still the main framework, but if Wave 5 has finished, a pullback/correction is normal before the next directional leg.
2) Mid-term plan (priority): BUY at channel liquidity
✅ Buy zone: 4250 – 4255
SL: 4240
Expectation: A rebound back toward the channel’s midline, and if momentum returns, continuation toward 4433.
Logic: This is the “better price” area aligned with the channel structure + key liquidity. Risk-reward is far cleaner than buying at the highs.
3) Short-term plan: SELL the correction only after confirmation
Because Wave 5 looks completed, a corrective sell is valid — but I only want to sell after the market confirms on the lower timeframe:
✅ Bearish confirmation: break below 4309
After the break, prefer a sell on retest (no chasing).
A realistic correction target is a move back toward the 425x liquidity zone.
Note: This is a short-term correction trade and doesn’t conflict with the mid-term buy bias.
4) Fundamentals next week: Holiday liquidity = more sweeps
Dec 22–26 includes multiple European holidays, which often means thin liquidity: price may not trend hard, but it can still wick and sweep stops.
Geopolitical risk remains elevated: Israeli officials plan to brief Trump on potential new strikes on Iran — this can trigger sudden safe-haven flows into gold.
Action: Trade smaller, trade cleaner, and avoid getting trapped in abnormal volatility.
5) Execution checklist
Mid-term BUY: wait for 4250–4255, SL 4240.
Short-term SELL: only activate if 4309 breaks, then sell the retest on lower TF.
No FOMO in a low-volume holiday week.
Which scenario are you leaning into next week: buying 425x, or waiting for a 4309 breakdown to sell the correction?
Silver Intraday: Exhaustion Sell Near Upper Bollinger BandTrading Day - Monday (22nd Dec 2025)
Entry : Sell
Entry Zone: 208,000 – 208,200
Stop Loss: 208,760
Targets: MCX:SILVER1!
T1: 207,000
T2: 206,000
Reason:
* Upper BB rejection candle → momentum exhaustion
* PSAR dots compressing → trend strength weakening
* Vertical rally without pullback → correction likely
* Red candle after strong green → profit booking sign
* Price far above BB mid → mean reversion risk
Risk:
• Risk per trade < 2%
• Avoid trade if SL hit or Wait for next Entry confirmation
#Silver
#Intraday
#Commodities
#RSI
#PSAR
#RiskManagement
TATA ELXSI: What Price and Volume Reveal After a DowntrendAfter a prolonged downtrend, Tata Elxsi started trading inside a well-defined falling channel. This phase represents controlled selling, where price continues to make lower highs and lower lows, but without aggressive expansion. That’s important — it shows selling pressure is present but not accelerating.
As price approached the lower end of the channel, downside momentum started to slow. Candles became narrower and selling failed to push price further down. This is typically where supply begins to dry up.
The key development came when price broke above the channel boundary with a clear increase in volume. This is not a random green candle — it signals that buyers stepped in decisively and absorbed the remaining supply that was controlling the trend.
The volume spike confirms that the move is participation-driven, not a low-liquidity bounce. When price exits a falling structure with volume, it often marks a trend transition phase, not an immediate vertical rally, but a shift from distribution to stabilization.
This chart is shared to highlight:
How falling channels behave
Why volume matters at structure breaks
How trend control shifts from sellers to buyers
METAL Index Holding Rising Channel – Next Leg Higher LoadingThe Nifty Metal Index is trading firmly inside a well-defined rising channel on the weekly timeframe, clearly indicating long-term strength in the sector. Price is currently consolidating near the upper half of the channel, which is a healthy sign after a strong uptrend.
Despite multiple volatile phases, the index has consistently respected the lower channel support, showing strong buying interest on every dip. The recent sideways movement near the top suggests time correction, not trend weakness.
Structurally, the index continues to form higher highs and higher lows, keeping the broader bullish trend intact. This consolidation near resistance usually acts as a launchpad for the next expansion, provided the channel structure holds.
RSI is placed around the 60–65 zone, reflecting sustained bullish momentum without overbought pressure. This indicates the trend still has room to extend on the upside.
IT Index Near Long-Term Trendline – Breakout Setup FormingThe Nifty IT Index is trading at a very important technical junction, where price has climbed back to a major long-term descending trendline after a prolonged corrective phase. This trendline has acted as a strong supply zone earlier, making the current test extremely crucial.
After forming a clear base near the rising support line, the index has started making higher highs and higher lows on the daily timeframe. This shift in structure suggests that selling pressure has weakened and buyers are slowly gaining control.
The recent move towards resistance is happening with steady momentum, not sharp rejection, which often indicates absorption of supply. Such price behaviour near a falling trendline usually precedes a trend reversal breakout rather than a deep pullback.
RSI is holding above 65, confirming strong bullish momentum and showing no signs of bearish divergence. Momentum strength at resistance increases the probability of a sustained breakout if follow-through buying comes in.
If the IT index manages to close decisively above this long-term resistance, it can trigger a fresh trending move, marking the end of the corrective cycle. Until then, this zone remains a make-or-break area, but structurally the setup is tilted in favour of the bulls.
Final leg to the downside before see one last run to end cycleMarkets rarely witness deep crashes during an active bull run, yet history shows that major corrections often occur before the final and most impulsive leg of the cycle. Bitcoin’s 2021 bull market offers a clear example. On 12 April 2021, Bitcoin topped near $64,000, followed by a sharp 55% decline. After this liquidity reset, the market recovered and later printed a new high near $69,000, confirming that deep pullbacks can be structural rather than bearish.
Applying this framework to the current cycle, if Bitcoin forms a macro top near $126,000, a 45–50% correction would naturally bring price into the $65,000–$60,000 range. Recent price action supports this possibility, as the market has started making steep lower lows alongside aggressive liquidity hunts on both sides, a typical sign of distribution and leverage cleanup.
The $60,000 level stands out as a major liquidity zone where excess long positions are likely to be flushed and stronger hands can accumulate. Importantly, this technical setup aligns with macro pressure from Japan’s recent 75-basis-point interest rate hike. Historically, such hikes have been followed by 20–30% Bitcoin corrections. A 30% drop from $90,000 again targets the $63,000–$60,000 zone, reinforcing this area as a high-probability support.
Taken together, historical precedent, liquidity behavior, and macroeconomic factors suggest a final corrective phase toward $60,000 before Bitcoin attempts its last impulsive rally of the cycle, potentially extending toward $140,000–$150,000. Rather than signaling weakness, such a correction may serve as the foundation for the market’s final expansion.
$XRP /USDT – Weekly Technical View (Short Analysis)#XRP has completed a strong impulsive move from long-term lows, topping near the 3.5–3.6 USDT resistance zone, which aligns with a major historical supply area. The rejection from this zone suggests a corrective phase is underway, forming a descending structure.
Price is currently hovering around 1.9–2.0 USDT, testing a key Support-1 demand zone. As long as this support holds, a consolidation or corrective bounce is possible. However, a decisive breakdown below this range could open the door for a deeper correction toward the lower support box (~0.6–0.8 USDT), marked as wave (C).
Overall bias: Long-term bullish structure intact, but medium-term correction ongoing. Watch how price reacts at the current support for the next directional clue.
~Disclaimer~
High Risk Investment
Trading or investing in assets like crypto, equity, or commodities carries high risk and may not suit all investors.
Analysis on this channel uses recent technical data and market sentiment from web sources for informational and educational purposes only, not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before investing or trading.
This channel, Render With Me, is not responsible for any financial loss arising directly or indirectly from using or relying on this information.
Part 7 Tading Mater Class Option Trading vs Stock Trading
Compared to stock trading, option trading is more versatile but also more demanding. Stock trading typically benefits from long-term price appreciation, whereas options are time-bound instruments. Options can outperform stocks in short-term, volatile, or sideways markets, but they require accurate timing and discipline.
Part 6 Learn Institutional Trading Risks in Option Trading
While options offer unique advantages, they also carry risks:
Time Decay: Options lose value as expiration approaches, especially for buyers.
Complexity: Advanced strategies require deep understanding and precise execution.
Unlimited Loss Potential: Some option selling strategies can result in very large losses.
Liquidity Risk: Not all options have sufficient trading volume.
Part 3 Learn Institutional Trading How Option Trading Works
When a trader buys a call option, they expect the price of the underlying asset to rise above the strike price before expiration. If the price rises significantly, the trader can either exercise the option or sell it in the market for a profit. Similarly, buying a put option reflects a bearish view, where the trader expects prices to fall.
Option sellers, on the other hand, earn income through the premium received. However, selling options involves higher risk, as losses can be substantial if the market moves sharply against the position.
Part 1 Ride The Big MovesWhat Are Options?
An option is a financial derivative contract that derives its value from an underlying asset such as a stock, index, commodity, or currency. The contract gives the buyer the right, but not the obligation, to buy or sell the underlying asset at a predetermined price, known as the strike price, on or before a specified date called the expiration date. The seller (or writer) of the option has the obligation to fulfill the contract if the buyer chooses to exercise the option.
There are two main types of options:
Call Options: Give the buyer the right to buy the underlying asset at the strike price.
Put Options: Give the buyer the right to sell the underlying asset at the strike price.
The buyer pays a price known as the premium to the seller for acquiring this right.
PERSISTENT TARGET 8000 STOPLOSS 6150Persistent weekly double bottom breakout from the resitance of 6150 and sustained above 5 weeks. And this week open and close in weekly from the strong resitance of 6350. And IT sector is same possible of breakout double bottom. Initial target is 6500. And next 63750/6800. If it is sustained above next 8000 is the target.
PAYTM - Demand–Supply Rebalance💹 Paytm (NSE: PAYTM)
Sector: Financial Services – Fintech | CMP: 1336
View: Demand–Supply Rebalance | Participation Signals Turning Active
Paytm opened the session at 1287.50 and showed steady buying interest right from the start, moving higher to register a high of 1345 while holding a low of 1285, before closing strong at 1336 near the upper end of the day’s range. The session ended with a clear bullish candle, reflecting positive price behaviour and visible buyer participation throughout the day. The rise in price was supported by an increase in volume, which confirms that the move was backed by active participation rather than thin trading. RSI moved above the breakout level to 56.45, staying in a balanced zone, which suggests the stock is transitioning from consolidation rather than entering an overheated phase.
MACD readings remain slightly negative, indicating that sellers have not fully exited yet, and this keeps momentum mixed in the short term. However, the stochastic indicator at 64.41 points to healthy strength, showing that the broader trend remains intact despite minor hesitation. CCI at 41.6 stays in positive territory, lending support to the ongoing upward bias. ADX continues to signal a weak or range-bound environment, highlighting that the trend is still developing and not fully established.
Volume for the session stood at 73.13 lakh compared to an average of 56.61 lakh, placing it within a normal range but clearly strong enough to indicate genuine market interest. The BB Squeeze has released, hinting at a possible expansion phase ahead, while EMA compression further strengthens the case for a directional move. Relative performance remains in line with the broader market, showing neutral strength rather than outperformance. The combination of rising price and rising volume confirms constructive intent, though confirmation is still awaited. Overall, the setup reflects a neutral yet constructive structure with balanced indicators, moderate momentum, a developing trend, moderate risk, and high volume from an educational perspective.
Paytm is currently holding above the primary demand zone at 1297–1256, which continues to act as the base for the current structure. A secondary support layer is visible around 1262, followed by a deeper structural support near 1239, both of which have previously attracted buying interest. On the upside, immediate supply is placed near 1359, with higher resistance zones aligned around 1382 and 1419, where selling pressure has emerged earlier. These overhead zones represent key decision areas for price. Overall, the stock remains well-supported below while facing defined supply above, keeping the structure balanced and range-aware.
From a derivatives standpoint, Paytm is reflecting a constructive but controlled bullish bias, where participation appears organised and intentional rather than aggressive or speculative. The options chain shows clear activity clustered around near-ATM call strikes, especially in the 1300–1360 zone, with the 1340 strike acting as a central pivot. This indicates that traders are positioning close to spot to express directional views efficiently, instead of chasing deep out-of-the-money calls. The delta profile across these strikes remains balanced, confirming that option prices are responding meaningfully to spot movement and that expectations lean toward continuation rather than a flat, non-directional phase.
A dominant feature visible in the options chain is widespread short covering across near-ATM and slightly ITM calls. Multiple call strikes show declining open interest alongside sharp expansion in traded volumes, which suggests that earlier call sellers are being forced to exit as price moves higher. This short covering has clearly contributed to the recent upside move. However, structurally, this also sets an important condition going forward: while short covering can drive an initial rally, sustained upside requires fresh long positions to step in once covering activity tapers off. Without that transition, price may enter a pause or consolidation phase.
At the same time, there are early signs of fresh bullish positioning at higher strikes, most notably around the 1380 call, where price, volume, and open interest are rising together. This long build-up suggests that some participants are beginning to position for continuation beyond the immediate ATM zone, adding credibility to the bullish structure. While this build-up is still selective rather than broad-based, it helps balance the structure and reduces the risk of the move being purely short-cover driven.
Volatility conditions remain favourable and disciplined. Implied volatility across active call strikes sits in a low-to-moderate range and has generally cooled, even as prices have risen. This indicates that premiums are not inflated and that the move is not being driven by panic or urgency. Such an IV environment typically supports directional debit strategies or controlled bull spreads, while also reminding traders that time decay will become relevant if price momentum slows. Volatility structures like straddles and strangles suggest that the market is pricing a reasonable move, but not an explosive expansion, keeping volatility trades in a conditional, watchful zone.
On the put side, the structure is notably supportive. Put short build-up is visible at lower strikes such as 1300 and 1280, where open interest has increased while premiums have fallen. This behaviour reflects confidence that price will remain above these levels, effectively building a support base below the current spot price. Further down the chain, long unwinding in deeper put strikes reinforces the idea that downside hedging demand is reducing rather than increasing. Implied volatility on puts is elevated but orderly, showing confidence rather than fear.
In simple terms, the derivatives market is working in alignment with the price trend, not fighting it. Call sellers are retreating, selective bullish bets are emerging at higher strikes, and put writers are building support below. The tone is optimistic but not euphoric, structured rather than emotional. This measured options behaviour fits well with the broader technical picture and keeps the bullish bias intact, while still leaving room for consolidation if fresh participation slows.
Paytm is currently trading within a clearly defined demand–supply framework across timeframes. On the daily chart, demand is placed in the 1297.90–1256 zone, which acts as the primary accumulation area, while overhead supply is located in the 1360.50–1381.80 zone, marking a key resistance pocket where selling pressure may emerge. On a swing basis, demand is layered between 1297.90–1279.30 and further extended down to 1280–1256, indicating multiple zones where buyers have previously stepped in with conviction. Swing supply is aligned near 1361–1378.30, closely overlapping with the daily supply band, strengthening its importance as a supply cluster.
On lower time frames, demand zones are visible around 1326–1322.40 and 1308–1305.40, highlighting short-term pullback areas where price may attempt to stabilise before resuming direction. The corresponding lower-time-frame supply is positioned at 1367.75–1363.60, reinforcing the overhead resistance structure. Additionally, aggressive demand pockets are stacked lower at 1302.90–1301, 1277–1275.10, and 1265.70–1261.30, suggesting zones where sharp reactions can occur during deeper retracements. On the upside, an aggressive supply area at 1357.90–1354 signals a near-term reaction zone before price approaches the broader supply band. Overall, the structure shows layered demand below and tightly clustered supply above, defining a well-organised trading range with clear reaction levels across timeframes.
⚠️ 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 personalised 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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Candle Pattern What Are Candlestick Patterns?
Candlestick patterns originate from Japanese rice traders and represent the open, high, low, and close of price. They are especially useful for identifying short-term reversals, continuations, and market indecision.
Common Mistakes Traders Make
Trading patterns without confirmation
Ignoring higher timeframes
Overtrading every pattern
Forgetting risk management
Ignoring market context and trend
Patterns work best when aligned with:
Trend direction
Support & resistance
Volume
Broader market sentiment
Chart Patterns What Are Chart Patterns?
Chart patterns are recognizable formations created by price movements on a chart. They develop over time and help traders identify trends, reversals, or continuation of trends. Chart patterns are usually formed by support and resistance levels, trendlines, and consolidation phases.
Types of Chart Patterns
Chart patterns are broadly classified into:
Reversal Patterns
Continuation Patterns
Bilateral (Neutral) Patterns






















