Nifty 50 spot 24837.00 by the Daily Chart view - Weekly updateNifty 50 spot 24837.00 by the Daily Chart view - Weekly update
- Support Zone 24450 to 24700 of Nifty Index level
- Updated Rising Price Channel Breakdown weakness continues
- Resistance Zone was earlier Support Zone 24900 to 25100 of Nifty Index Level
- Next Resistance Zone seen at 25250 to 25400 then ATH 26277.35 of Nifty Index level
- Breakdown from the Falling Resistance Channel and Trendline has maintained it's strength
- *Multiple reasons attribute for weakness and breakdown and that is how Markets show their Supremacy*
Chartpatternanalysis
Paisalo Digital cmp 31.80 by Weekly Chart viewPaisalo Digital cmp 31.80 by Weekly Chart view
- Support Zone 27.50 to 30.50 Price Band
- Resistance Zone 39.50 to 42.50 Price Band
- Rising Support Trendline and Support Zone both are well respected
- Descending Triangle pattern breakout seen in the making process seen for stock chart
- Heavy Volumes surging seen over the past few days indicative of good demand based buying
EMS cmp 634 by Daily Chart viewEMS cmp 634 by Daily Chart view
- Support Zone 570 to 598 Price Band
- Resistance Zone 670 to 700 Price Band
- Price momentum has well respected the Rising Support Trendline
- Support Zone bottom has been tested retested repeatedly since March 2025
- *Gap Down Opening of 29-May-2025 will act as tiny hurdle resistance crossing*
- Breakout attempt is seen in progress from a Descending Triangle pattern and also a Falling Resistance Trendline
Royal Orchid Hotels cmp 428.70 by Daily Chart viewRoyal Orchid Hotels cmp 428.70 by Daily Chart view
- Support Zone 390 to 412 Price Band
- Resistance Zone 430 to ATH 449 Price Band
- Price attempting Breakout above Falling Resistance Trendline
- Repeated Bullish Rounding Bottoms having Resistance Zone Neckline
- Volumes are seen spiking regularly with heavy surges at intermittent intervals
- Price trending with Positively setup Technical Indicators BB, EMA, MACD, RSI, SAR, SuperTrend
Nifty Index 24968.40 as visible by Weekly Chart viewNifty Index 24968.40 as visible by Weekly Chart view
- Nifty 50 Index has formed a Bearish 3 Black Crow Technical Pattern indicating about the probable negative sentiment might continue
- Nifty is also closely forming a sliding Bearish Double Top from ATH 26277.35 to current top 25669.35, which again syncs with the negative sentiment trend trajectory
ManOrg: Symmetrical Triangle Tightens – Big Move Ahead?🔎 #OnRadar
#ManOrg (Mangalam Organics Ltd.)
Symmetrical Triangle Tightens – Big Move Ahead?
CMP: 516.65
📈 Technical Outlook (Monthly Chart | For Educational Purpose Only):
#SymmetricalTriangle pattern appears to be forming on the monthly timeframe.
The price has faced repeated resistance near the falling trendline around 629 and is currently showing signs of a possible retracement towards the lower end of the triangle. The key support zone lies between 473–378 .
If this zone holds, price may attempt another move up toward the falling trendline resistance. A monthly close above the trendline could indicate a potential breakout from this long-term structure. If sustained, the stock may gradually head toward its all-time high zone near 1,300 .
⚠️ Disclaimer: This post is shared only for educational purposes. It is not a buy/sell recommendation. Please consult a financial advisor before making any investment decisions.
#TechnicalAnalysis | #SymmetricalTriangle | #ChartPatterns | #PriceAction | #LongTerm
UPL Rising wedge analysis. Bullish trap possibleChart analysis:- UPL
Broadening wedge pattern
This pattern may look bullish, but it has hidden bearish signs:-
1. Buyers' exhausting action. Failing to make new highs and breaking out of the last highs.
2. RSI is showing divergence. Price rising, but RSI is falling.
3. Long wicks on top showing selling pressure.
In such a case, we can see a pullback to the lower side of the wedge.
On the other hand, if it breaks out of 670, it will test the upper side of the wedge at around the 680- 685sh zone.
Buy only if the price breakout is accompanied by a volume candle and RSI breaking the level of 65+
This chart is to analyse the possible trade setup on either side of the breakout of the wedge pattern.
WELSPUN – Double Bottom Reversal with Trendline ConfluenceSetup Type: Reversal + Breakout | Conviction: Medium (Confirmation Needed)
Chart Framework: Price Action + Chart Patterns
WELSPUN is printing a strong bullish reversal structure, supported by both horizontal and diagonal resistance levels:
🟡 Double Bottom at Equal Lows – Classic reversal base forming after a downtrend.
📏 Equal Lows Liquidity Grab – Smart money may have hunted stops before pivoting.
🟢 Massive Volume Spike – Indicates strong interest building up.
📐 Bearish Trendline Resistance + Neckline acting as key breakout zones.
🧠 Trade Plan:
🕒 Wait for breakout above ₹133–135 zone (neckline + trendline overlap).
📍 Entry Confirmation = Daily close above ₹135 with strong volume.
🎯 Target = ₹180+ based on measured move from the pattern.
💡 High-Probability Trigger: Once the neckline breaks, momentum buyers will likely step in. Confluence of trendline + structure gives this trade extra juice.
Gold Next Move 3100?4-Hour Chart (Mid-Term View)
🔑 Key Observations:
Uptrend Remains Intact:
Price is still above the 50 EMA, indicating continued bullish strength.
Key Resistance at $3,038:
A break above this level could trigger further upside momentum.
Support Levels:
$3,011 and $3,007: First support zone.
$2,983: Stronger support.
Potential Scenario:
Bullish Breakout: If price breaks above $3,038 , the next target would be $3,048 and beyond.
🔸 Failure to Breakout : If rejected at resistance, price might retrace to $3,011 or lower.
1-Hour Chart (Short-Term View)
🔑Key Observations:
✅ Ranging Market: Gold is consolidating within a horizontal range between $3,009 and $3,037, forming a sideways movement.
✅ Ascending Trendline : The price is gradually increasing with a rising trendline acting as dynamic support.
🔸Key Resistance Levels:
$3,037-$3,048: Strong resistance zone.
All-Time High Above $3,057.5: Major resistance if the price breaks above $3,048.
✅Support Levels:
🔹$3,021 - 3,009: Key intraday support zone.
🔹$3,004 and $2,985: Stronger support zones below.
Moving Averages:
Price is above the 50 EMA (red line), indicating bullish strength.
The 200 EMA (blue line) is far below, showing overall long-term bullish sentiment.
💡 Potential Trade Setup:
🔹Breakout Strategy: A breakout above $3,037-$3,048 could lead to new highs.
Range Trading: If the price remains within the range, traders can buy near support ($3,009) and sell near resistance ($3,037-$3,048).
15-Minute Chart (Intraday/Scalping View)
🔑Key Observations:
Recent Breakout Attempt: Price has tested the $3,030-$3,038 resistance zone.
200 EMA & 50 EMA Cross:
The red (50 EMA) is above the blue (200 EMA), signaling bullish sentiment.
Support Zone Identified (~$3,007-$3,022):
Price reacted strongly from this level, indicating strong buyer demand.
Trade Plan for Scalpers:
✅ Long Entrie s: Look for pullbacks near $3,022 with stop-loss below $3,007.
✅ Short Entries : If price rejects $3,038, look for short trades targeting $3,022 or lower.
🌟 Final Conclusion & Trading Plan:
📌 Bullish Scenario:
🔹A break above $3,038 will confirm a bullish breakout.
🔹Potential target = $3,048, then all-time high $3,060+.
🔹Best strategy: Buy the breakout with proper stop-loss below $3,022.
📌 Bearish Scenario:
If price fails to break $3,038, expect a pullback to $3,011 - $3,007.
Possible short opportunities below $3,007 targeting $2,983.
📌 Neutral/Ranging Market:
Until price breaks $3,038 or drops below $3,007, expect sideways movement.
🔹 Recommended Trading Approach:
✅ Breakout traders: Watch for a confirmed break and retest above $3,038.
✅ Range traders: Buy near $3,009-$3,022 and sell near $3,038.
✅ Scalpers: Look for quick trades within the range of $3,007 - $3,037.
📉 Risk Management:
🔸 Keep a stop-loss below $3,007 if buying.
🔸 Keep a stop-loss above $3,038 if shorting.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
NATIONALUM : Swing Trade#NATIONALUM #swingtrade #chartpattern #trendingstock
NATIONALUM : This is how i expect the Stock to move
>> Low PE Stock
>> Trending Setup on Daily
>> Chart pattern Visible
>> Possibility of failed breakdown and then up move
>> Good Strength & Volumes
Swing Traders can lock profit at 10% and keep trailing
Market is continuously falling and its uncertain as to how much more fall is pending, so trade only good structures with proper Risk management and proper Stop-loss Rules.
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
SUMICHEM : Breakout Candidate#SUMICHEM #patterntrading #chartpattern
SUMICHEM : Swing Trade
>> Ascending Triangle Pattern
>> Trending Setup
>> Good Strength & Volume in Stock
>> Good Risk Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Head & Shoulder pattern breakout in PARKHOTELPARK HOTELS LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 240+.
✅Can Go Long in this Stock by placing a stop loss below 179-.
BEPL : Breakout Candidate (Holding 1-3 Months)#BEPL #Swingtrading #trading #patterntradinng #chartpattern
BEPL : Positional Trading (Holding 1-3 Months)
>> Breakout Stock
>> Monthly Cup & Handle Breakout
>> TWS + Flag pattern + FVG Visible on daily
>> Trending Stock in Momentum
>> Good Strength & Volumes Recently
>> Big Player Entered in stock
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Rising Wedge pattern breakout in BHELBHARAT HEAVY ELECTRICALS LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 308+.
✅Can Go Long in this Stock by placing a stop loss below 295-.
Reversal Broadening Wedge pattern in VOLTASVOLTAS LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 1595+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1688+.
📈 Can Go Long in this stock by placing a stop loss Below 1427-.
Indusind Bank- Bullish TriangleUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept at the point of completion of wave-e (conservative approach) or to the breakout level of wave-d to get the target of this pattern (aggressive approach).
INVESTMENT STRATEGY:
Buy on CMP 1448 , keeping SL of 1398 look for the target of 1500/1550 in the coming days
Mastering the Double Bottom Chart PatternA double bottom, combined with RSI divergence, can be a powerful signal for a trend reversal.
What's a Double Bottom ?
It's when a stock's price forms two distinct lows on a chart.
The pattern is confirmed when prices rise above the peak between those two lows.
Why Does It Matter?
The double bottom marks the end of a downtrend and the start of an uptrend.
It's one of the most common patterns, but it needs careful analysis.
Adding RSI Divergence:
RSI measures a stock's strength and momentum.
Look for RSI to form higher lows while the price forms lower lows. This is RSI divergence and a strong bullish signal.
Key Points to Remember
Downtrend First: The pattern begins in a downtrend.
Time Gap: The longer the time between the two lows, the stronger the reversal signal.
Price Increase: Look for a significant price increase between the two lows (around 10-20%).
Volume Matters: Usually, volume is higher during the first low and increases as the pattern confirms.
Breakout Confirmation: Don't act until prices break above the confirmation point.
Pullback After Breakout: Expect a pullback after the breakout; it's normal.
Trading the Double Bottom with RSI Divergence:
Calculate a target price by adding the pattern's height to the breakout point.
Confirm the pattern only after prices break through the confirmation point.
Be patient; not all patterns are double bottoms.
Watch for volume during the pattern's development.
Pay attention to RSI divergence for added confirmation.
Remember: Wait for confirmation, and don't rush into trades based solely on patterns. It's wise to use multiple indicators, including RSI, and keep an eye on market conditions.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Uptrend Channel pattern breakout in HEROMOTOCOHERO MOTOCORP LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Uptrend Channel Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3115+.
✅Can Go Long in this stock by placing a stop loss below 2975-.
Head & Shoulder pattern breakout in GODREJCPGODREJ CONSUMER PRODUCTS LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1085+.
✅Can Go Long in this stock by placing a stop loss below 1025-.






















