Gold Daily Trend with Ascending Channel
MCX:GOLD1!
A gold daily time frame chart with an ascending channel is a technical analysis setup that shows the price movement of gold over a daily period, forming a pattern known as an ascending channel.
Key Features of an Ascending Channel:
- Trendline Connection: The channel is created by drawing two parallel trendlines:
- Lower Support Line: Connects the series of higher lows.
- Upper Resistance Line: Connects the series of higher highs.
- Price Action: The price of gold is moving upward within these two lines, bouncing between support and resistance.
- Trend Indication: Indicates a bullish trend, suggesting that the price is gradually increasing over time.
**Interpreting the Chart:
- Bullish Signal: As long as the price remains within the channel, the upward trend is considered intact.
- Trade Opportunities:
- Buy near support: When the price approaches the lower trendline.
- Sell near resistance: When the price nears the upper trendline.
- Breakouts:
- A move above the upper resistance line may signal strong bullish momentum.
- A break below the support line could indicate a trend reversal or correction.
Practical Use:
- Traders look for buying opportunities at the channel's support and be cautious if the price breaks out of the channel.
- Confirming other indicators or volume analysis can strengthen trading decisions.
Contains IO script
UNOMINDA – Daily Timeframe Breakout Idea (Resistance Zone Break)UNO MINDA LTD. has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 1.5 times volume surge near the breakout, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price might break above the ~₹1110 horizontal resistance, which had held for over 6 months.
- Breakout supported by more than average volume and just above average range near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹1093
- Entry: Near ₹1112
- Target: ₹1188 (~7% upside from CMP)
- Stop-Loss: ₹1082
- Risk-Reward Ratio: ~1 : 2.0
📌 Note:
- Look for a confirmation candle to enter the trade.
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
KIMS – Daily Timeframe Breakout Idea (Resistance Zone Break)
KRISHNA INSTITUTE OF MEDICAL SCIENCE has shown a breakout above a key horizontal resistance on the daily chart, accompanied by a ~2x volume surge, supported by strong momentum.
🔍 Breakout Context:
- Price broke above the ~692.20 horizontal resistance, which had held for over 2 months.
- Breakout supported by <2x average volume and just above average range on the breakout candle.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹694
- Entry: Near ₹695
- Target: ₹746 (~7.25% upside from CMP)
- Stop-Loss: ₹669
- Risk-Reward Ratio: ~1 : 2.0
📌 Note:
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
Nifty 50 - Symmetrical Triangle Breakout WatchNifty is currently consolidating within a symmetrical triangle pattern on the 1-hour chart. Price is respecting both the rising support and descending resistance trendlines.
Key observations:
Clear higher lows indicate underlying bullish pressure.
Lower highs show selling pressure near resistance.
Expecting a possible pullback toward the lower trendline before a potential breakout to the upside.
Trade Plan (if breakout occurs):
📈 Bullish breakout above the upper trendline could lead to a sharp rally.
✅ Confirmation needed with strong volume and candle close above resistance.
Invalid if price breaks below the support trendline.
Stay alert for a breakout or breakdown — both scenarios possible, but current structure slightly favors bulls.
SWANENERGY - Daily Timeframe Breakout (Resistance Zone Break)SWAN ENERGY has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 2.5 times volume surge near the breakout zone, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price might break above the ~₹484 horizontal resistance, which had held for over 6 months.
The breakout zone has been supported by 2.5X volume and a range 3X of average near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹485.2
- Entry: Near ₹484
- Target: ₹566 (~16.5% upside from CMP)
- Stop-Loss: ₹450
- Risk-Reward Ratio: ~ 1 : 2.3
📌 Note:
- Wait for the closing of this candle, enter the trade near 3:20 PM, or get confirmation on 75min/1Hr TF.
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
SHIPIING CONTAINERS INDIA - SCI - Breakout from DTFShipping Containers India has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 15% from the current price level in the medium term.
The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than 2X, and the Volume is also 3.5X the average.
There is an old support level acting as resistance, which is why the stock won't go over 191. To be safe, wait for the closing price. If it is above 191, it's good.
CMP- Rs. 188
Target Price- Rs216 ( 15% upside)
SL - 171
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
SUNFLAG- Breakout from DTFSUNFLAG has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than 1.2X, and the Volume is also >6X the average.
CMP- Rs. 316
Target Price- Rs347 ( 10% upside)
SL - 297
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
TRANSRAILL - Breakout from Daily TFTRANSRAILL has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of ~10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >2X, and the Volume is also >6X the average.
CMP- Rs. 727
Target Price- Rs.805( ~10% upside)
SL -859
Note- The breakout candle has gone up, extended, so be mindful of your position.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
ETH/USDT strong up trend.Looking at the ETH chart, we can see one thing, the price has accumulated and moved sideways for quite a while after a strong up leg before. With the bullish price structure still maintained, with ETH we look for long positions with futures or SPOT for good positions. The price is expected to surpass $3,000 soon
USD.JPY Strong sell all time frameas analyzed before.
USD.JPY has given strong sell signal on all time frames.
the indicator is in sync all time frame sell and now price has fallen through the trendline. signaling a strong downtrend of USD.JPY
we continue to look for sell signal when price recovers at time M15+h1
USD/JPY pair gives full time sell signal.Looking at the D1 chart, we can see one thing, USD/JPY has given a strong bearish signal, a bet expecting the price to decrease by 1,000 pips with time D1.
On h1, there is a clear bearish signal, you can also find a suitable signal on M15 for this USD/JPY bet
Nifty - Elliot Wave - Update - Stay long till proven otherwise!Our view that at least one more leg up was pending has held out well.
View shared here:
Now, Since it took longer in consolidation, I am open to considering that we did a sideways 2 and are heading up in 3.
Crossing 25700 will invalidate LD and hence increase probability that 3 up has started.
P.S.: If we are actually in 3, then 28k - 30k possible in this year. So, hold on :)
BTC goes wild. But there’s worse. With PipGuard.“BTC goes wild. But there’s worse. With PipGuard.”
Hola, hi my friends! How are you doing? Hope you're doing amaziiiing!
Today we’re having a little chat about Bitcoin, shall we?
I admit it: this time I messed up and took the USDT spot chart instead of USD… but heeey, I’m lazy and it doesn’t really matter. What counts is the trend, RIIIGHT?
But first… boost me and drop a comment <3
📈 The trend is your friend... until it messes with you
🔼 If it goes up, it goes up
BTC is still in a strong bullish trend long term.
Nothing new? Maybe, but if it keeps going… it’s aiming for new highs. Simple.
And if not today, then tomorrow. Your loss if you miss it.
🧠 Always keep one eye on assumptions and the other on objectivity. The market will thank you.
🔽 If it drops... better be ready
And if it decides to go down?
Here come the targets: 102k , 100k , and that delicious 94k I’d love to see.
Why? Because even crypto needs a break.
And each level is potentially a reversal point , you know that already, right?
🧱 Supports, resistances... and your debts
• Resistance: 109k (rounded like those 100€ you still owe me haha)
• Serious support: 78k
• Cuddly support: 88k
• The rest is noise.
• Trend still strong, yes. But if you’re not watching… someone else will watch your wallet.
🔥 The market today? On fire, as always
• BTC did its usual trick: touched 106k , then dropped below 103k
• Liquidations? BOOM 💣: over 450 million dollars in longs
• The market shook like a noob on their first short
🌍 War, hacks, and chaos: BTC loves it
• Israelis flying around Iran bombing targets
• Iranians firing back missiles
• Israeli hackers broke into Nobitex and BURNED 90M in crypto
• The White House is silent, but the US has a “Bitcoin Reserve”
• Result? BTC pumps, dumps, pumps again… you tell me
🐍 Juicy GOSSIP
• In New York, two crypto bros kidnapped an Italian guy from Rivoli and tortured him for 17 days to get his wallet password
• Electroshock. Power saw. “Wild” sessions with madams & friends
• All this between parties, bondage, and wheelchairs
• The guy, alive by miracle, is now the new symbol of “ never give your key to anyone ”
📊 Technical Recap
🧱 Resistance: 109k
🪨 Supports: 88k / 78k
💣 Liquidations: +450M long
📉 Price Range: 106k ➝ below 103k
🌍 Geopolitics: Real bombs & BTC
😈 Gossip: Crypto-bros under pressure 😱
😂 The curtain drops…
My fingers hurt. And not just from typing… oops, I said it? I did.
If you had fun, boost and comment .
If not… next time I’ll give you support at 69k, that’ll teach you.
A hug from your loyal lunatic, PipGuard 🤣🧨
Copper Futures Update – Bullish Setup Alert!A strong trendline support pattern has formed in Copper (MCX), as seen on the 15-minute chart. Price has successfully respected the support zone near ₹876, indicating buyers are stepping in around this level.
With a positive price reaction from support and a favorable risk-to-reward setup, a potential upward move towards ₹880–₹881 is on the cards. 📈
This setup suggests a short-term bullish sentiment as long as the support holds. Traders can keep this level on radar for intraday to short-term opportunities. ✅
OSWALAGRO - Breakout from DTFOSWALAGRO has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 15% from the current price level in the medium term.
The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than >2X, and the Volume is also >10X the average.
CMP- Rs. 104
Est. Entry price ~ 108
Target Price- Rs120 ( 15% upside)
SL -92
Note- The candle closed isn't very promising, so we have to wait for a stronger move.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
HCC - Breakout from DTFHCC has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 17% from the current price level in the medium term.
The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than 1.5X, and the Volume is also 1.5X the average.
CMP- Rs. 30
Target Price- Rs35 ( 17% upside)
SL - 27.5
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Oracle Fin Serv Soft LTD - Rounding Bottom📈 ORACLE FIN SERV SOFT LTD (OFSS) – Swing Long Setup Forming! 🚀
Ticker: NSE:OFSS
CMP: ₹9,492
Setup: MACD Reversal + Range Retest + PSAR Flip in Progress
Target: ₹12,600+
Upside Potential: +32%
🔍 Why I’m Watching This:
🔸 MACD Bullish Crossover confirmed with green dot + rising histogram
🔸 Price consolidating after a long correction – possible range breakout zone
🔸 PSAR about to flip from red to green on weekly
🔸 RSI recovering from oversold territory
🔸 Decent volume pickup after multi-week downtrend
🎯 Trade Plan:
Entry Zone: ₹9,200–₹9,500
Stop Loss: ₹8,267 (below range low)
Target 1: ₹10,800
Target 2: ₹12,600+
RR: ~2.5:1
A clean high base + confirmation across multiple indicators.
Will build position in legs – trend reversal could play out strong.
💬 What’s your view on OFSS? Are you tracking this too?
📌 Follow me for more high-probability swing setups based on momentum + structure logic.
Electrocast steel - Rounding bottom 📈 Electrosteel Castings – Weekly Breakout Watch 🧨
Ticker: NSE:ELECTCAST
CMP: ₹118.47
Setup: Base + Ema Compression + MACD Reversal
Target: ₹230+
Potential Upside: +102%
🧠 Trade Thesis
🔹 Stock has formed a clean rounding base after a long downtrend
🔹 Price has reclaimed multiple EMAs with strong volume
🔹 Weekly MACD crossover (green dot) with histogram flipping
🔹 Bullish momentum on RSI and OBV indicating accumulation
🔹 Volume increasing steadily on green candles – signs of institutional interest
📊 Risk-Reward Setup
Entry Zone: ₹110–120
Stop Loss: ₹88 (weekly close basis)
Target 1: ₹160
Target 2: ₹230+ (recent swing high)
Trade slow. Let price and volume confirm. Add on dips, ride the trend.
💬 Comment below if you're watching this setup or already in!
🔔 Follow me for more swing setups based on price-action + momentum logic.
Relative Strength or weakness in Auto sectorLet's see if this makes lower high but this sector does not look the strongest for sure
Stocks in this index:
NSE:MARUTI,NSE:M&M,NSE:TATAMOTORS,NSE:BAJAJ-AUTO,NSE:EICHERMOT,NSE:TVSMOTOR,NSE:MOTHERSON,NSE:BOSCHLTD,NSE:HEROMOTOCO,NSE:ASHOKLEY,NSE:BHARATFORG,NSE:TIINDIA,NSE:MRF,NSE:BALKRISIND,NSE:EXIDEIND
Will have to check Ancillaries separately as there are many stocks which are coming in scans from Ancillaries space.
We are also facing rare magnets issue in the short term.
This is how you can use ratio charts to gain an extra edge.
Source: x.com
DISCLAIMER: NOT A SEBI REGISTERED ANALYST.
NO RECOMMENDATION TO BUY AND SELL