Virinchi cmp 27.50 by Weekly Chart view since listedVirinchi cmp 27.50 by Weekly Chart view since listed
- Support Zone 25 to 26.25 Price Band
- Resistance Zone 31.25 to 33 Price Band
- Price Breakout from Falling Resistance Price Channel
- Support Zone has been tested retested over the past week
- Resistance Zone acting strongly for repeated Price retracement
- Repeated Bullish Rounding Bottoms up move rejected from Resistance Zone
- Volumes are needed to crossover the Resistance Zone for fresh breakout attempts
Chartpatternsanalysis
Vijaya Diagnostic cmp 1083.30 by the Daily Chart viewVijaya Diagnostic cmp 1083.30 by the Daily Chart view
- Support Zone 1005 to 1045 Price Band
- Resistance Zone 1125 to 1165 Price Band
- Symmetrical Triangle Breakout done
- Price seems testing retesting the Support Zone for upside momentum
- Bullish Head & Shoulders made within the Symmetrical Triangle pattern
- Bullish Rounding Bottom done over Head & Shoulders and again within Symmetrical Triangle pattern
Nifty 50 spot 24565.35 by the Daily Chart view - Weekly update*Nifty 50 spot 24565.35 by the Daily Chart view - Weekly update*
- Resistance Zone 24900 to 25100 of Nifty Index Level
- Support Zone 24450 to 24700 of Nifty Index level still seen sustained
- Bearish Rounding Bottom after ATH level seen repeated at current week closure
- Practical Bottom of *Bearish Rounding Bottom* from ATH 26277.35 came to 21,870.45 for Nifty index
- Practically Nifty 50 Index later took an upside reversal from 21964.60, which is a diff of just 94.15 points
- Practical Bottom of *Repeated Bearish Rounding Bottom* from recent high of 25669.35 on 30th June comes to 24473
- Should we anticipate the same behavior to see history repeat for Nifty to go down until 23276 and then take the reversal
Rising Wedge Breakdown — 54,252 in Sight?#BankNifty View:
CMP: 56,528
BankNifty has broken down from a Rising Wedge pattern — a bearish signal. After a brief retest of the breakdown level, price has resumed its downward move. Daily close below 56,205 will gather fresh momentum.
🔑 A daily close below 56,205 could trigger fresh downside momentum.
🔻 Support Zones:
• 56,283 – 56,080
• 55,580 – 55,530
• 🔑 Key Supports: 54,470 – 54,375 & 53,600 – 53,580
🔺 Resistance Zone:
• 57,312 – 57,365
🎯 Pattern Target: 54,252
This aligns with the key support zone at 54,470 – 54,375 , strengthening its significance.
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
#TechnicalAnalysis | #PriceAction | #RisingWedge | #ChartPatterns
GPT Infraprojects cmp 134.56 by Daily Chart viewGPT Infraprojects cmp 134.56 by Daily Chart view
- Support Zone 112 to 122 Price Band
- Resistance Zone 140 to 150 Price Band
- Support Zone tested and retested well before breakout
- Falling Resistance Trendline from ATH broken and sustained
- 2nd recent Falling Resistance Trendline Breakout too seems sustained
- Heavy Volumes surged seen over past 2 days by demand based buying
- Bullish Rounding Bottoms by Resistance Zone neckline indicate upside momentum readiness
Sinclair Hotels cmp 106.73 by Daily Chart view since listedSinclair Hotels cmp 106.73 by Daily Chart view since listed
- Support Zone 94 to 99 Price Band
- Resistance Zone 113 to 118 Price Band
- Huge Volumes surged today by demand based buying
- Rising Support Trendline sustained by upside price momentum
- Breakout done and sustained from both the Falling Resistance Trendlines
- 7 odd months long Bullish Rounding Bottom done at Resistance Zone Neckline
- Bullish VCP Pattern is embedded inside the above Bullish Rounding Bottom pattern
S H Kelkar cmp 255.30 by Weekly Chart view since listedS H Kelkar cmp 255.30 by Weekly Chart view since listed
- Support Zone 207 to 228 Price Band
- Resistance Zone 256 to 283 Price Band
- Volumes trying to sync with average traded quantity
- Support Zone tested retested by upside price momentum
- Bullish Cup & Handle seen completed formation with Resistance Zone neckline
- Fresh Breakout once Resistance Zone is crossed and price sustains closure above it for few days
Solana Long-Term Cup & Handle | +300% Potential🔍 #OnRadar | #Crypto
#SOLUSD (#Solana)
Solana Long-Term Cup & Handle | +300% Potential
CMP: $174
Support Zone: $123.00 – $100.00
Pattern Invalidation Level: $95 (MCB - Monthly Closing Basis)
📊 Technical Overview:
Solana (SOLUSD) is showing signs of a long-term Cup & Handle pattern forming on the higher timeframes.
☕️ Cup formation appears complete.
📐 Handle is likely developing within an Ascending Triangle .
🔄 Neckline Resistance: ~$305
🎯 Potential Target on Breakout: ~$560
🚀 Upside Potential: Approx. +300% from CMP
While it's early to confirm a breakout, this structure is worth keeping on the radar for long-term trend traders and pattern watchers.
⚠️ Disclaimer:
This is a technical analysis observation shared for educational purposes only.
Not a buy/sell recommendation.
Please do your own research ( #DYOR ) and consult your financial advisor before making any investment decisions.
#Crypto | #Solana | #SOL | #TechnicalAnalysis | #ChartPatterns | #CupAndHandle | #AscendingTriangle | #LongTermView
XAUUSD: Descending triangleThat's what happens in the chart patterns in process and why not to trade them. Earlier, was head and shoulders pattern was in the making, but then the right shoulder started ranging, and it converted into a descending triangle pattern. This is also a bearish pattern when the base of the triangle is breached (with a valid close and volume breakout).
When breaking down, the targets will be equal to the length of the dip (marked as a down arrow).
If it breaks the triangle in the opposite direction, then it will test the high again and will invalidate the entire pattern.