Chart Patterns
Part 2 Intraday Trading Master ClassRisks in Option Trading
Even though options are flexible, they carry risks.
1. Limited Time
Options lose value as expiry nears. If your view is right but the timing is wrong, you may still lose.
2. High Volatility Risk
Volatility may suddenly drop, reducing premium even if price moves in your favor.
3. Liquidity Risk
Some strike prices may have low buyers and sellers, making it difficult to exit.
4. Unlimited Risk for Option Sellers
Option sellers (writers) face unlimited risk because the market can move aggressively. For this reason, writing options requires high margin and experience.
#JSL - VCP BO in WTFScript: JSL
⚡Key highlights: 💡
📈 VCP BO in WTF
📈 Volume spike seen during Breakout
📈 MACD Bounce
📈 RS Line making 52WH
📈 Sector is strong
If you have any doubts about the setup, drop a comment and I’ll reply.
✅Boost and follow to never miss a new idea! ✅
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
⚠️Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Part 1 Intraday Trading Master Class Advantages of Options Trading
1. Leverage
With a small premium, you control a large position. This allows higher returns on small capital.
2. Controlled Risk for Option Buyers
When you buy options, the maximum loss is only the premium paid.
3. Profit in Any Market Condition
Option strategies allow you to profit in:
Uptrend
Downtrend
Sideways/Range-bound markets
Volatile markets
4. Hedging
Options can be used to protect your portfolio from adverse movements. Many big institutions use options to hedge risk.
PCR Trading Strategies How Option Trading Works
Option trading revolves around predicting future price movement.
Example: Buying a Call Option
Suppose Nifty is trading at 22,000. You believe it will rise to 22,300 within a week. Instead of buying Nifty futures or stocks, you can buy a 22,200 CE (Call European) option.
Strike Price: 22,200
Premium: ₹80
Lot Size: 50
Total cost = ₹80 × 50 = ₹4,000.
If Nifty moves to 22,300, the intrinsic value becomes:
22,300 – 22,200 = 100.
Premium may rise to ₹100–120, giving you profit.
Example: Buying a Put Option
If Nifty is at 22,000 and you expect it to fall to 21,800, you might buy 21,900 PE.
If the market falls as expected, the premium increases and you profit.
JAMNAAUTO - looks bullish New target can be seen at ₹290.
The stock looks super bullish, especially if it closes above ₹202.
A strong breakout above this level signals robust momentum and buyer confidence, indicating the start of a powerful uptrend. The price action suggests minimal resistance ahead, paving the way for an almost nonstop bullish journey. Traders should watch for sustained volume and confirmation above ₹202 to validate this trend. Once confirmed, the rally could accelerate toward ₹290, offering significant upside potential.
This setup reflects strong technical strength and market sentiment favoring continued gains.
Divergence Secrets Key Terms in Options
To trade options effectively, understanding the core terminology is essential.
Strike Price
The pre-decided price at which the buyer can buy (call) or sell (put) the asset.
Premium
The price paid to buy an option. It is the cost of having the right without the obligation.
Expiry Date
The last date on which the option can be exercised. In India, index options expire weekly, and stock options expire monthly.
Lot Size
Options are not traded individually like stocks. Each option contract controls a fixed number of shares called the lot size.
In-the-Money (ITM), At-the-Money (ATM), Out-of-the-Money (OTM)
These terms describe how close the option is to profitability relative to the strike price.
Part 2 Master Candle Patterns What Are Options?
Options are derivative instruments, meaning their value is derived from an underlying asset—usually stocks, indices, commodities, or currencies. An option gives the buyer the right, but not the obligation, to buy or sell the underlying asset at a predetermined price before or on a specific date.
There are two types of options:
1. Call Option
A call option gives the buyer the right to buy an asset at a fixed price (known as the strike price) within a certain time (before expiry).
Traders buy call options when they expect the price to rise.
2. Put Option
A put option gives the buyer the right to sell the asset at a fixed price before expiry.
Traders buy put options when they expect the price to fall.
Strong Accumulation in TRILTransformers & Rectifiers (India) Ltd is showing its strongest bullish signal in months.
After a sharp fall from the ₹600 zone, the stock created a base around ₹250 and has now broken above the 50 EMA with solid momentum.
What makes today’s move significant is the ₹550M (55 crore) block order, which clearly indicates institutional accumulation.
This type of volume typically appears near bottom reversals, not in distribution phases.
What I'm Seeing
Price reclaimed the 50 EMA after ~70+ sessions
Formation of a double-bottom around the ₹250 zone
High-volume bullish candle showing strong demand
Supply around ₹330–345 being absorbed aggressively
Why It Matters
50 EMA breakout = first stage of trend reversal
Big money stepping in confirms accumulation
Stock entering a low-risk accumulation zone
Declining selling pressure & increasing demand
What I Expect Next
Immediate resistance: ₹342–345
Break above it → upside towards ₹383 and ₹422
Sustaining above ₹330 keeps the bullish structure intact
Medium-term potential recovery zone: ₹500–600
Disclaimer
This is not financial advice. Before taking any trading or investing decision, please consult with your financial advisor.
XAU/USD Range Market – Sell from PremiumGold is currently trading in a clear ranging (TR) environment after the recent bullish expansion. On the H1 timeframe, price has reacted from the premium zone near the previous highs, while liquidity remains stacked below the range.
🔻 Sell Scenario:
Price is expected to react from the 4303 – 4306 resistance zone, aligned with prior distribution and rejection. This area favors short-term sell opportunities while the market remains inside the range.
🔺 Buy Scenario:
The 4247 – 4245 zone represents a liquidity pocket below the major value area, offering a favorable risk-to-reward setup. With a tight stop-loss, buy limit orders are valid if price sweeps liquidity and shows reaction.
📌 Key Levels:
Resistance: 4303 – 4306
Support / Liquidity: 4247 – 4245
As long as price stays within the range, sell from premium and buy from discount remains the primary strategy. Always respect stop-loss levels and manage risk accordingly.
POLYPLEX – Technical & Fundamental SetupPOLYPLEX is currently taking support near its long-term demand zone of ₹790–₹760, which has historically acted as a strong support band. Recently, the stock once again respected this zone, indicating strong buying interest at lower levels.
On the charts, POLYPLEX has formed a clear double bottom pattern near this support area, which is a classic trend-reversal signal after a prolonged corrective phase. This pattern suggests that selling pressure is getting exhausted and buyers are gradually regaining control.
From a fundamental perspective, FII stake increased in the last quarter, which adds confidence to the technical setup and reflects institutional accumulation at lower levels. This alignment of technical support + reversal pattern + FII interest strengthens the bullish case.
Overall, the price action indicates that the worst phase for the stock may be over, and a gradual recovery move can be expected if the support zone continues to hold.
Trade Plan:
Buy: Near current levels (As close as 780)
Stop Loss: ₹780
Target: ₹1000
A decisive close below ₹780 would weaken the structure, so strict stop-loss discipline is advised.
Trade with proper risk management.
Chart Patterns: A Complete Explanation for TradersWhat Are Chart Patterns?
Chart patterns are geometric shapes that appear repeatedly in price charts due to the natural behaviour of market participants. They are formed by trendlines, support levels, resistance levels, highs, lows, and consolidation zones.
These patterns work because markets are driven by human psychology, and human behaviour tends to repeat. This repetition creates identifiable shapes that traders can study and trade.
Most chart patterns fall into three categories:
Reversal Patterns – signal that a trend is likely to change direction
Continuation Patterns – show that the existing trend will likely continue
Bilateral Patterns – indicate the market can break out in either direction
Understanding these categories helps traders interpret market situations with more confidence.
CGPOWER 1 Day Time Frame📊 Daily Price Levels (1D Time Frame)
Current price range (recent session)
• Day’s trading range ~ ₹634–₹651 approx on NSE (latest close ~ ₹637–₹647) (as per recent data)
Pivot / Pivot‑based levels
• Daily Pivot: ~ ₹662 (central reference)
(use this as a neutral baseline — above favors bullish bias, below favors bearish bias)
Immediate Resistance
1️⃣ R1 ~ ₹665–₹668 (zone of immediate selling pressure)
2️⃣ R2 ~ ₹675–₹680 (next upside barrier)
3️⃣ Higher resistance (secondary) ~ ₹685–₹695+ (seen in other pivot data)
Immediate Support
1️⃣ S1 ~ ₹656–₹650 (first support zone)
2️⃣ S2 ~ ₹644–₹640 (next downside support)
3️⃣ S3 ~ ₹627–₹630 (deeper support)
📌 Interpretation (1‑Day)
If price holds above ₹656–₹650, the bias may stabilize and test ₹665–₹675 on the upside.
Break below ₹640–₹630 increases risk of further weakness in the short run.
Daily pivot at ~₹662 helps gauge short‑term trend — sustaining above it hints at short‑term buying interest, below it suggests continued pressure.
(These levels are typical pivot/sr zones used by traders; use live charts for exact current quotes.)
🧠 Extra Context (Technical Indicators)
Short‑term technical indicators (RSI & moving averages) have shown mixed to bearish signals recently, with several daily sell signals noted in external analysis.
DLF 1 Month Time Frame 📌 Latest Price Snapshot
Current price: ~₹690‑₹705 range on NSE (as of early Jan 2026) — recent close ~₹691 – ₹703.80.
1‑month performance: Slightly down (~‑1% to ‑3%) over last month.
🧱 Important Support Levels
Level Price Notes
Support 1 (Immediate) ~₹690 Near current trading zone; key short‑term support.
Support 2 ~₹685‑₹688 Break below 690 could test here next.
Support 3 (Lower) ~₹678‑₹680 Lower short‑term support if sellers strengthen.
Lower 1‑Month Floor (historical) ~₹672 1‑month low seen.
🚧 Resistance Levels
Level Price Notes
Resistance 1 (near pivot) ~₹697‑₹702 First upside hurdle.
Resistance 2 ~₹708‑₹710 Next supply zone if price breaks above short resistance.
Higher resistance ~₹720+ Mid‑term barrier near 50‑day MA range.
📌 Short‑Term Pivot Points (Daily/Weekly Reference)
Pivot Zone: ~₹697‑₹698 — acts as a neutral technical pivot.
📉 Short‑Term Technical Momentum
RSI (14‑day): Neutral‑slightly bearish (~39‑42).
Moving Averages:
20‑day MA ~₹695‑701 (neutral).
50‑day MA ~₹722+ (resistance overhead).
Technical signals show a neutral to slightly bearish short‑term bias, with potential for range‑bound action between ₹680‑₹710 unless a breakout occurs.
📈 How to Interpret These Levels (1‑Month View)
Bullish Scenario
✔ Stay above ₹690‑₹695 → next move toward ₹702‑₹710
✔ Break above ₹710 → expands upside toward ~₹720+ resistance
Bearish Scenario
✘ Fails below ₹690 → could test ₹685‑₹680 zone
✘ Close below ₹678‑₹672 → stronger downside risk near recent lows
📊 Summary — 1‑Month Range (Practical Trading Levels)
👉 Bullish range breakout: above ₹702–₹710
👉 Bearish support breakdown: below ₹685–₹680
👉 In‑range trade: ₹680 ↔ ₹710
Senores PharmaSENORES PHARMA has been consolidating on the daily range for almost 2 months now. Price has tried to break the 820 region multiple times now and we can see the three legs of the vcp in the chart. After calculating the current base length we can determine that the stock if broken out should move at least 8-10 percent which will also be the new ALL TIME HIGH for the stock. Estimated time taken for this to happen is less than 2-3 weeks. If the stock breaks the 785 region our idea will get negated.
ATGL 1 Week Time Frame 📊 Latest Price (approx): ~₹590–₹595 on NSE (price fluctuates within the day) — current levels seen near this range.
📈 Weekly Support & Resistance Levels (pivot‑based)
These are weekly pivot‑derived levels that traders often use to gauge likely support and resistance zones for the week ahead:
🔹 Weekly Resistance Levels
R1: ~₹622
R2: ~₹637
R3: ~₹657
🔸 Weekly Pivot (mid zone): ~₹602
🛡️ Weekly Support Levels
S1: ~₹587
S2: ~₹567
S3: ~₹552
These weekly pivots are from standard pivot point calculations and give you the broad weekly range to watch.
📍 Key Round Levels to Watch (Weekly)
Resistance zones:
~₹620–₹630: short‑term overhead supply/resistance.
~₹650+: higher resistance if the market turns bullish later in the week.
Support zones:
~₹580: immediate support around current price band (often reacts intraday).
~₹560–₹570: stronger weekly support — key level if price weakens.
~₹550: deeper support on weekly frame.
📌 Weekly Strategy Levels
👉 Bullish scenario: A sustained close above ₹620 for the week could open up moves toward ₹637–₹657.
👉 Bearish scenario: If the stock breaks below ₹587 on a weekly close, watch support ₹567, then ₹552.
ABSLAMC 1 Week Time Frame 📌 Current Price Snapshot (Approx)
Latest traded price ~ ₹805–₹830 range on recent sessions. Prices fluctuate within this zone depending on the source/time but are generally around ₹800+ currently.
📉 Weekly Technical Levels (Support & Resistance)
🔹 Weekly Support Levels
Level Price (Approx) Notes
S1 – First Support ₹790–₹789 Near short‑term weekly support.
S2 – Secondary Support ₹749–₹750 Key weekly demand zone.
S3 – Lower Support ₹725–₹715 Lower support if deeper pullback.
🔹 Weekly Resistance Levels
Level Price (Approx) Notes
R1 – First Resistance ₹854–₹855 Near immediate upper barrier.
R2 – Near Term Higher ₹879–₹880 Next upside pressure.
R3 – Higher Resistance ₹900+ Psychological/52‑week high zone.
📊 Weekly Trend & Momentum
Weekly technical rating on TradingView shows a buy signal (strong buy on 1‑week timeframe).
Oscillators (like RSI & Stoch) on broader data show moderate to positive momentum in recent days.
🕐 Interpretation — 1‑Week Timeframe
Bullish View
Holding above ₹790–₹800 keeps immediate bullish bias.
Weekly breakout above ₹854–₹880 could open path toward ₹900+ levels.
Neutral/Corrective View
A drop below ₹750–₹725 would weaken weekly structure and shift bias toward deeper support.
🛠 Quick Weekly Levels Recap
Resistance (Upside Targets)
₹854 – ₹880
₹900+ (psychological / 52‑week high area)
Support (Downside Safety Nets)
₹790 – ₹789 (immediate)
₹750 – ₹749
₹725 – ₹715 (strong support)






















