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Double Top or Bottom

NIFTY Analysis: Double Top Breakdown & Daily 50 EMA Resistance The current price action has confirmed a Double Top reversal pattern on the daily timeframe. Following the breakdown of the neckline, the technical bias has shifted, supported by key trend indicators. Key Trading Points Double Top Confirmation: Price has decisively broken below the pattern’s neckline, signaling a potential shift from bullish to bearish momentum. EMA Resistance: The price is currently trading below the Daily 50 EMA, which is now acting as dynamic resistance and confirming the short-term bearish trend. Wait for the Retest: My current plan is to stay patient and wait for a pullback (retest) to the broken neckline. I will observe how price reacts at this level to determine the next major move. Bullish Invalidations: I am strictly avoiding any bullish trades at this time. Long positions will only be considered if the price manages to reclaim and trade sustainably above the neckline. The Game Plan "Until the price breaks back above the neckline and flips the 20 EMA, the path of least resistance remains to the downside. I am waiting for the retest to gauge whether this is a trap or a confirmed trend reversal." Disclaimer: This is my personal trading view and not financial advice. Always manage your risk.
NSE:NIFTYShort
by TraderDev25
Silver Price Action set up with double bottomThe current price analysis for XAGUSD (Silver against US Dollar) in early November 2025 reveals a mixed but cautious outlook. Silver prices are moving within a corrective phase after exiting a bullish channel, trading approximately in the $47.50 range. Technical indicators such as moving averages currently suggest a bearish to neutral trend, with the price testing key resistance levels around $48.45. Price momentum shows attempts to push higher, but resistance near $48.45 may lead to a price pullback or consolidation. If silver breaks above the critical resistance at $50.45, it could signal a renewed upward trend targeting levels around $52.35. Conversely, a failure to hold support near $46.75-47.00 may accelerate declines towards below $41.45, indicating a bearish phase. Fundamentally, silver is influenced by the strength of the US dollar, industrial demand recovery (notably from solar energy and electronics sectors), and safe-haven buying amid global market uncertainty. The metal’s sensitivity to Federal Reserve policy and economic indicators continues to drive short-term volatility. Traders should watch for sustained moves beyond the $48-$49 resistance or breakdown below $46.75 to gauge next directional trends. Overall, silver price dynamics suggest potential for both short-term rallies and corrections, dependent on macroeconomic cues and technical breakouts.
OANDA:XAGUSDLong
by KamalKJoshi
Policybazaar – Double Top Breakdown & Three Black CrowsPolicybazaar has formed a Double Top near the resistance zone, and price has now broken down below the neckline, confirming a bearish trend reversal. The downside view is further validated by the formation of a Three Black Crows candlestick pattern, which signals strong and sustained selling pressure. The Three Black Crows reflect aggressive distribution after a failed upside attempt, indicating that bears remain firmly in control and downside continuation is likely. Technical Highlights: 📌 Double Top confirmed breakdown 📉 Trading below neckline support 🕯️ Three Black Crows = strong bearish continuation Volume supports selling pressure Trade Plan : Sell on pullbacks near the breakdown zone Target: 🎯 1631 Stop-loss: Above the neckline / high of the Three Black Crows pattern Bias: Structure remains bearish unless price reclaims and sustains above the neckline. ⚠️ For educational purposes only. Not financial advice. Manage risk appropriately.
NSE:POLICYBZRShort
by peace_lover
2
AUROBINDO PHARMA – Bearish Breakdown patternAurobindo Pharma has broken down from a Double Top pattern , confirming bearish momentum. 🔻 Structure: Double Top Breakdown 🔻 Trend: Bearish 🔻 Volume: Breakdown supported by selling pressure Trade Setup (Short): Entry: Below Double Top neckline (breakdown zone) Target: 1143 🎯 Stop Loss: 1221 ⛔ As long as price stays below 1221, downside pressure may continue. A decisive move towards 1143 is expected if bears maintain control. ⚠️ Disclaimer: This is for educational purposes only. Not financial advice. Manage risk properly.
NSE:AUROPHARMAShort
by peace_lover
2
NIFTY Ready to Fly - Double Bottom BreakoutNIFTY Trade View (Technical): Pattern : Double Bottom Status : Breakout confirmed Target : 26,310 Stop Loss : 25,900 Quick technical context: A double bottom breakout generally signals trend reversal / continuation strength, especially if it’s supported by: Strong closing above the neckline With SL at 25,900 , the setup offers a defined risk, which is good discipline. Risk note (important): Markets can be volatile, and false breakouts do happen—especially near all-time highs. Trailing the stop loss if price moves in your favor can help protect gains.
NSE:NIFTYLong
by peace_lover
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Double Bottom Breakout in 5 PAISA BUY TODAY SELL TOMORROW for 5%
NSE:5PAISA
by Kapil-Mittal
4
Nifty spot 26328.55 by Daily Chart view - Weekly UpdateNifty spot 26328.55 by Daily Chart view - Weekly Update _*Nifty created a New Lifetime High Milestone 26340 on 02-Jan-2026*_ - Support Zone 25915 to 26185 for Nifty - Resistance only at ATH 26340 for Nifty and each New ATH - Volumes trending above avg traded quantity but with selling pressure - Bullish Rising W formed by the neckline at previous ATH and New ATH level - Hope to see further higher levels for the Nifty Index through the New Year 2026
NSE:NIFTY
by PIYUSHCHAVDA
HIND COPPER: Still has unfinished TragetsHIND COPPER :Trading at 495 still has momentum Even in Monthly chart Trading above all its Moving averages 10 DEMA/20DEMA/50DEMA/100 DEMA. Has formed a huge Rounding bottom pattern and trading above its neckline breakout suggests a move to 600+ As per FIB Extension 23.6% lies at 535 FIBONACCI Extension 38.2% lies at :605 Especially those who are long shall trail their profits with SL of 510 on a closing basis for a Target of 535/550/575/600(For educational purpose only)
NSE:HINDCOPPERLong
by CSB68
Strides Pharma - Volumes Backing a Breakout?Daily Timeframe Analysis The setup is heating up and now we’ve got volume profile data to back it. The price is hovering around ₹666.10, and it looks like it's building strength for a bigger move. 🔹 Key Observations: Price is compressing under a falling trendline (descending triangle or wedge). Strong volume node around the ₹650–₹675 zone. This means a lot of trading activity happened here — a key decision area. Fibonacci projections suggest targets as high as ₹984.00, which is a +40% upside. Breakout confirmation above ₹692.75 (61.8% level) can trigger a rally. 🔹 Important Levels: 📍 Resistance: ₹692.75 → ₹741.65 → ₹804.00 → ₹984.00 📉 Support: ₹624.00 → ₹581.50 → ₹530.00 → ₹515.20 📊 Volume Insight: The visible range volume profile shows most trading volume has happened below the current price, which is bullish. If the price breaks above the current squeeze, it might fly with less resistance overhead. 🧠 Thought: This chart is a coiled spring. If bulls push above ₹692 with momentum, this might become a quick swing to ₹740+, and maybe more in the short to medium term. 📝 #StridesPharma #BreakoutSetup #VolumeProfile #SwingTrade #IndianStocks
NSE:STARLong
by iVishalPal
$BTC on the 1H is trying to build a base after a sharp sell-offCRYPTOCAP:BTC on the 1H is trying to build a base after a sharp sell-off, and the chart is clearly showing two reaction lows (Bottom 1 & Bottom 2) around the same demand zone. That’s an early stabilization signal — not confirmation, but a clue. Right now, price is trading below the prior breakdown area (~88.3k–88.5k). This zone is the decision line. If #Bitcoin reclaims and holds above 88.5k, the double-bottom structure activates and a relief move toward 89.5k–90k becomes very realistic. That would be a short-term green light for selective alt bounces. If #BTC fails here and loses the 86.8k–87k base, the structure breaks down and we likely see continuation lower, with momentum shifting back to sellers.
Long
by CryptoSatRed
NVIDIA: Double Bottom Flat at Support — Bounce Setup in PlayNVIDIA is currently testing a well-defined support zone near the prior lows, where price action is starting to compress rather than accelerate lower. The structure forming at this level resembles a double-bottom flat , suggesting that selling pressure is gradually losing momentum. From an Elliott Wave perspective, the ongoing decline fits well as the final leg of a corrective phase. As long as this support zone holds, the odds favor the development of a Wave C move higher , which would mark a relief rally within the broader structure. The repeated defense of this level strengthens the case for a near-term bounce rather than an immediate breakdown. That said, this is a decision zone . A clean hold keeps the upside scenario alive, while a decisive break below support would invalidate the flat structure and open the door for deeper downside. Until then, patience is key — let price confirm before committing. Key Level to Watch: ~170 Above it: bounce potential Below it: structure fails Disclaimer: Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NASDAQ:NVDALong
by WaveXplorer
Hindalco looking bewildered. Plan to trade either side.Hindalco is forming a double top formation on the weekly charts, showing some weakness in the stock as the market is more time in recoverying the fall of one week. The stock has been in a good up trend and has reached 850 levels forming a base around 560-600 level zone i.e. Approx 30-35% return in 9 months. Since June 2022, Hindalco has not taken out the previous low and recent gave the break out of the previous ATH and retested it. Major trend for the stock is still bullish and there is a probability of continuing the same if the recent is taken out with good volumes, support the bullishness of the stock. Bullish Scenario (A good HLHH formation is there in the stock). Enter above 870 levels Stop loss :- 825 (5%) Target :- 1012 (16%) R:R = 1:3 Buying a stock above 870 gives a bullish signal and can captured with proper SL and target. Bearish Scenario (A double top pattern, bearish RSI divergence and Weekly 20 EMA break down). Entry below 830 levels Stop Loss :- 866 (4%) Target :- 770 (7%) R:R = 1:1.75 The targets can be trailed upto the levels of 740 levels while trailing the SL logically. Wait for the stock to form some setup for the either side momentum and trade in the direction of the market.
NSE:HINDALCO
by TheMamboMomentum
ANANDRATHI Price ActionANANDRATHI trades at elevated valuations with strong earnings growth but is showing short-term weakness after recent peaks, making it a hold for positional traders with resistance ahead. ## Current positioning Price hovers around 2900-2950 after a +1.9% daily gain, but sits below the 50-day MA near 3015, signaling mild distribution pressure in what remains a multi-year uptrend from 1600 lows. ## Momentum & structure Bullish bias intact with price above 200-day MA (2440), healthy EPS growth supporting 70x P/E, but RSI cooling from overbought suggests consolidation or pullback toward 2800-2850 support before next leg.
NSE:ANANDRATHILong
by KamalKJoshi
#ADANIPOWER – Double Top Danger Zone!📉⚡ #ADANIPOWER 🚨 ADANIPOWER has formed a monthly double top 🔝 near the 179–183 (ATH) zone and is now slipping toward its rising trendline 📉 Price is also trading inside the September monthly candle (182.70–120.00). MCB or sustained close below 120 will signal major weakness ⚠️👇 If selling continues, price may head toward 112.50–124, 92–96 , and the breakout retest supports at 83–87 . Bulls must defend the trendline to avoid a deeper correction 🛡️🔥 Resistances: 151.20 / 179–183 (ATH) #ADANIPOWER #PriceAction #DoubleTop #ChartPattern #InsideBar #CandlestickPattern 📌 #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.
NSE:ADANIPOWER
by Stocks_Mario