Sensex 1 Day Time Frame ✅ Current value
The index is trading around ~ 85,040 points.
Today’s high has been ~ 85,080 and low ~ 84,525.
📍 Key pivot & support/resistance levels (Daily)
From recent technical data:
Pivot Point: ~ 84,757.93
Resistance 1 (R1): ~ 84,957.50
Resistance 2 (R2): ~ 85,241.98
Support 1 (S1): ~ 84,473.45
Support 2 (S2): ~ 84,273.88
Support 3 (S3): ~ 83,989.40
Charts_insiders
TCS 1 Day Time Frame ✅ Key numbers
Current price: ~ ₹3,147 (NSE)
Today’s range: Low ~ ₹3,083.50, High ~ ₹3,149.90
Previous close: ~ ₹3,087.10
📊 Key levels to watch on daily timeframe
Support zone: If price drops, watch around ~ ₹3,080-₹3,100 (today’s low region)
Immediate resistance: Today’s high ~ ₹3,149.90. If that breaks, next resistance may show up near ~ ₹3,200-₹3,250 (psychological + recent historic minor highs)
Trend pivot: The open of ~ ₹3,097 suggests a pivot point; staying above this gives short-term bullish lean, dropping back below may bring weakness
Risk zone: If price falls back and breaks below ~ ₹3,050, it may test lower support around ~ ₹2,990-₹3,000 (recent structural support area)
Simplified Approach to read Candlesticks -Easy Candles ~ Part 1MARKETSCOM:OIL
Introduction
⦿ Candles form the basis of chart creation and analysis.
⦿ A weak foundation can destabilise your entire structure. This thread will clarify and simplify your understanding of price candles.
I use two types of candles on charts:
1. Momentum/trending candles
2. Ranging/trading candles
Understanding these eliminates the need to memorize complex candle names (e.g., Marubozu, Harami bullish) cause every candlestick pattern is formed with combination of these 2 candels only.
Definitions:
⦿ Momentum candle: Body >50% of total size
⦿ Range candle: Body <50% of total size
Decode Momentum Candle
⦿ Only Buyers here - Clear Trend
Decode Range Candle
⦿ Both Buyers & Sellers here - No Trend
⦿ Indecision mode among participants.
⦿ Understand what major players did in the last candle to predict their next move.
⦿ Don't just memorise candle names; grasp the psychology behind them.
⦿ I'll share the levels of candle strength to elevate your candle reading.
♦️Stay tuned and follow for more educational
content.
Nifty#Nifty Spot Daily Chart
-Daily 20 EMA at 17227 (Above)
-Weekly HL is 16828.33.
-Price Trading Into falling channel
-Facing HR at 17450 & 17565 is crucial level
-Daily RSI breakout
-For further downside close required below 16800.
-Upside close required above 17450-17565 for further upside.
-Currently trading range is 16900-17400 (Trading between this tight range from last 10 days.
-Trade as per TREND, Trade with HEDGE.
PRECOTPRECOT (W):- A falling wedge is formed by two converging trend lines when the stock's prices have been falling for a certain period. Before the line converges the buyers come into the market and as the result, the decline in prices begins to lose its momentum. This results in the breaking of the prices from the upper trend line.






















