Buy Trade - USD/CADGreetings to everyone!
You can place a buy trade on USD/CAD and check out my chart for the ideal entry, stop-loss & target placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin.
Let's execute this trade smartly! 🚀
💬 About Me:
I am a professional trader with over four years of experience in the markets. I focus on swing trading using the 4H timeframe, mainly in the forex space. The trades I share here are the actual positions I’m executing. I post them as a small gesture to give back to the trading community that’s been a big part of my journey.
Cheers! 🙏
Community ideas
Torrent Pharma – Steady Growth with Strong Margins📈 Technical Analysis
The stock has shown a powerful uptrend over the past 5–6 years, with a sharp rally from ₹1,000 to ₹3,500. For the past year, the ₹3,500–₹3,600 zone stood strong as resistance. With the release of the positive Q1 FY26 results, Torrent has decisively broken above this supply zone accompanied by higher volumes—something not seen earlier this year.
After the breakout, prices rose to ₹3,800 and then retested the broken zone, which now appears to be offering support. Provided this zone continues to hold and is followed by bullish candlestick confirmation, the stock looks set for further upside.
Targets:
🎯 ₹3,800 (Target 1)
🎯 ₹3,900 (Target 2)
🎯 ₹4,000 (Target 3)
Stop Loss: Below the support zone at ₹3,400. If prices fall below this, bullish outlook is invalidated.
💰 Q1 FY26 Financial Highlights (vs Q4 FY25 & Q1 FY25)
Total Income: ₹3,178 Cr (↑ +7.4% QoQ vs ₹2,959 Cr; ↑ +11.2% YoY vs ₹2,859 Cr)
Total Expenses: ₹2,146 Cr (↑ +7.6% QoQ vs ₹1,995 Cr; ↑ +9.8% YoY vs ₹1,955 Cr)
Operating Profit: ₹1,032 Cr (↑ +7.0% QoQ vs ₹964 Cr; ↑ +14.2% YoY vs ₹904 Cr)
Profit Before Tax: ₹738 Cr (↑ +11.0% QoQ vs ₹665 Cr; ↑ +12.5% YoY vs ₹656 Cr)
Profit After Tax: ₹548 Cr (↑ +10.0% QoQ vs ₹498 Cr; ↑ +19.9% YoY vs ₹457 Cr)
Diluted EPS: ₹16.19 (↑ +10.1% QoQ vs ₹14.71; ↑ +19.9% YoY vs ₹13.50)
This performance reflects robust execution across both domestic and international markets.
🧠 Fundamentals & Strategic Highlights
Domestic Market Strength: India revenues grew ~11%, driven by outperforming chronic therapies (13% growth vs 9% IPM growth)
Global Growth:
US business expanded by ~19%
Brazil saw 11% growth
Analyst Sentiment: Citi raised its target price to ₹4,380, citing sustained margin expansion and branded portfolio gains
M&A Plans: Torrent is acquiring a majority stake in JB Chemicals for ₹18,000–₹19,500 Cr, positioning the company among India’s top five pharma giants
✅ Conclusion
Torrent Pharma’s technical breakout, backed by a wholesome Q1 performance and strategic M&A moves, positions it favorably for renewed upside. A failure to hold above ₹3,500 would challenge this view.
⚠️ Disclaimer: This report is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making any investment decisions.
Sell the rally HUDCO CMP 208
I have posted the weakness in this counter many a times. Here is the road map.
Elliott - this is the C wave downfall. The minimum tgt for this is at 163. In my view it will fall more. The current fall should halt at 202 from where a three wave rally should take it to 218. This is an example of how the fourth waves tend to cluster together. I will want to sell this rally to 218 as the correction will take it down to 183. This will be a good 16% and will come in quick time.
Conclusion - see how the box on the right and the first fib zone on the left both end at 183. Diff zones and methods have been used, but the result is the same.
EPACK DURABLE LTD | Weekly Chart AnalysisBreakout on Radar! 🚨
After a strong base formation over the past 3 months and a period of tight consolidation, EPACK Durable is showing signs of strength. The stock is currently trading near ₹386 and is approaching a critical breakout zone above ₹400.
🟢 Technical Highlights:
Rounded base formation seen between ₹320–₹400.
Sustained consolidation within range, building strength.
Breakout above ₹400 could trigger momentum.
🎯 Targets Post Breakout:
First Target: ₹513
Second Target: ₹626+ (mid-term potential)
📊 Volume build-up and structure indicate potential accumulation. Keep a close eye for a clean breakout above ₹400 on strong volume confirmation.
🔔 Watchlist this stock for a possible trending move!
#EPACK #SwingTrade #BreakoutSetup #TechnicalAnalysis #NSEStocks #StockMarketIndia
Weekly chart of Bhansali Engineering Polymers Ltd (BEPL) on NSE🔍 Technical Analysis Summary
1. Current Price & Trend
• Current Price: ₹109.27
• Price Action:
• Price is sitting just above the 0.786 Fibonacci level (~₹107.64).
• It has pulled back from recent highs near ₹152.
• Currently hovering near the ascending trendline support from the 2020 lows.
⸻
2. Support & Resistance Levels
📉 Support Levels
• Trendline Support: Rising trendline from 2020 (~₹107–₹110 range).
• Fibonacci Support Levels:
• 0.786 Fib: ₹107.64 ✅ (Currently acting as support)
• 1.000 Fib: ₹88.85 (Major support if breakdown occurs)
📈 Resistance Levels
• Immediate Resistance:
• 0.702 Fib: ₹115.02
• 0.618 Fib: ₹122.39
• 0.5 Fib: ₹132.76
• Major Resistance:
• ₹152.08 (0.28 Fib) – previous swing high
⸻
3. Chart Patterns
• Symmetrical Triangle / Ascending Triangle Formation:
• Price is coiling within a tightening range between horizontal resistance and rising trendline.
• A breakout above ₹122–₹132 could indicate bullish continuation.
• Breakdown below ₹107 and especially ₹88.85 may trigger bearish momentum.
⸻
4. Volume Analysis
• Volume is relatively subdued recently.
• Previous price surges have been supported by spikes in volume — important to watch for volume breakout confirmation.
⸻
🧭 Possible Scenarios
✅ Bullish Scenario
• Hold above ₹107 support and break above ₹115–₹122 zone.
• Target: ₹132 (0.5 Fib) → ₹152 (swing high) → ₹176 → ₹200+
❌ Bearish Scenario
• Breakdown below ₹107 with volume.
• Breakdown of trendline → ₹88.85 (strong horizontal + Fib support)
• Deeper downside if ₹88 breaks → ₹34.58 (1.618 Fib extension)
⸻
🧠 Final Thoughts
• The chart is at a make-or-break zone, testing strong confluence of support (Fib 0.786 + rising trendline).
• Traders may watch ₹107 closely for support.
• Investors should keep an eye on a breakout above ₹122 with volume for potential re-entry.
Jio Financial Services Ltd (JIOFIN)New Product Offerings:
The company has ventured into loans against securities, digital insurance for autos and two-wheelers, and ship leasing. Plans to finance solar panels and IT equipment, along with expanding its business correspondent network to 16,000 locations, will further diversify revenue streams.
Share Price Targets for 2025-26 ₹ 400/ -
My forecasts for Jio Financial Services’ share price in 2025-26 vary, reflecting different assumptions about market conditions and company performance:
2025 Share Price Targets: Estimates range from ₹208.50 to ₹345, with an average target of around ₹250–₹325. Optimistic projections, like those from Exla Resources, suggest a high of ₹425, driven by strong backing from Reliance Industries and technological advancements. More conservative estimates, predict a maximum of ₹331.75.
2026 Share Price Targets: Projections for 2026 range from ₹282.40 to ₹462, with an average target of approximately ₹330.80–₹580. Growth in lending, insurance, and wealth management, along with continued technological innovation, is expected to drive these targets.
Disclaimer: The above analysis is based on available data and should not be considered financial advice. Always conduct thorough research and consult with a certified financial advisor before making investment decisions.
PFC bottoming outPFC is making a goof base formation with ascending triangle formation on a 6-8 month period.
downside is limited but upside can also be caped for current month due to resistance at 435-437 levels.
so i am expecting a short term target of 435 with
a SL of 403.
Buy at current levels 415-416
Short term target(3days) 435, SL 404
3 month target 510, SL below 400 closing basis.
if you can hold for a 3 month period it can give u 500 plus levels.
Nifty at important level - August 7Trump imposed an additional 25% tariffs on Indian goods, bringing the total to 50%. Will it affect market movement today? Nifty is sustaining above the 24500 zone so far. Will it break it? According to the daily chart, where is the support?
The support is in zone 24460 - 24480. If this level is also breached, we can expect the price to find support in the zone of 24360 -24380.
Now we will see how to trade using these levels.
If the price opens in the zone 24460 and shows bullish strength, then it can move towards 24600.
If there is no trend strength, then we can expect range volatile movement in the area 24360 to 24500. Please remember the price is in a bearish trend, and bears will try to make the price fall during every pullback towards 24600.
Apollo hospital- short fro 10 %Bearish Technical Points
1. Major Pivot Resistance
The stock has failed to break above the ₹7,564 pivot level, a previous high.
This pivot is now acting as strong resistance, evidenced by multiple rejections.
2. Repeated Rejection at Resistance
Price has tested the same level thrice and failed each time, suggesting supply dominance at that level.
The most recent candle shows a rejection wick, confirming selling pressure.
3. Negative Divergence on RSI-like Indicator (possibly DMI/CCI)
The oscillator below the chart shows lower highs while price made equal or higher highs.
This is a classic bearish divergence, indicating weakening momentum.
4. Bearish Candlestick Patterns
The recent candles are forming small-bodied or upper-wick candles near resistance — often precursors to a pullback or trend reversal.
5. Volume Drop
Despite the price pushing higher recently, volume is decreasing, indicating lack of conviction among buyers.
6. Risk-Reward Setup Implies Downside
The red zone on the chart implies a short position with a significant downside target (~₹6,616).
The stop-loss region (~₹7,564) suggests the trade idea assumes the pivot won’t break.
Nifty Navigator - Trading Switch is off NSE:NIFTY (06 - August )
👉Stuck below 50EMA & above previous demand zone.
Too much silence out there for long traders,
Now Next Resistance is - 50 EMA zone as of now, uncertainty building up
Seems like the current pause is just a pullback in the correction leg, and it should hit the support zone and build a linear base before moving up.
👉PCR - 0.72
👉INDIAVIX - 11.71
Support: 24470,24170
Resistance:-24900,25250
⭐️Verdict: The views remain the same as last time, we need more action and hold our horses, otherwise, we may cripple it.
The Trading Switch is Off - As the MARKET SCORE is Now 3.
RBL BANK CUP AND HANDLEThe Stock Has Formed Cup And Handle. It is near its major resistance, its consolidating below it,so waiting for the breakout. Once the breakout is done, it may see its first target as marked, rest targets will be marked as the charts unfold. so its awaited for the breakout. Hoping the best.
Also Inverse Head & Shoulder forming,which will be completed at the first target.good luck. ty. JMK
Nifty - Elliot Wave Counts - Update (Neutral)In our last post we discussed that in short term 25700 is the target and if we cross that, then Leading diagonal gets invalidated and hence we look for much higher levels.
Last post:
Thankfully, we didn't get out in shakeouts and rode the entire move till +25600
Now, unfortunately we did not cross 25700 and hence the chance of Wave 1 or something else ending at 25670 became stronger.
As of now, we are at a place where there is a lot of confusion. I see a 5th up pending in wider indices, but Nifty seems done.
So, is there a possibility that other indices go up, while Nifty just does a pullback as part of the correction and not make a new swing high?
A few charts for reference:
Nifty Smallcap:
Nifty 500:
That's about the counts : From other technicals perspective the move looks very similar to Sep 2022 - March 2023 period. But where in that period are we?
PA (point A)Oct 2022 - where one more high till Dec 2022 is left?
or
PB - Feb 2023 - where we just get a pullback and drift lower?
(I have marked green arrows on RSI charts to show the reference)
So, what do we do in such case?
Ditch nifty, play stocks. Lot of stocks looking good - starting 5th up (Just browse through and you'll find many making similar structure as SmallCap index)
(Hint - Defence, Realty, Autos, Metals, Pharma)
All the best!
I will share updates, if I get more clarity on Nifty - till then enjoy the stocks and trade light - remember we are playing seemingly the last leg. :)
Dow Theory Update and Nifty AnalysisIn this video, we have explained the following points -
* A new Dow Top "A1" has been created by Nifty50.
* The significance of the new Dow Top has been explained.
* The current structure of Nifty has been discussed.
* The importance of waiting for the next candle and the current key support level has been highlighted.
August Iron Condor Setup on Nifty – Premium Eating Strategy!Hello Traders!
Just like we nailed the July Iron Condor, here comes the fresh setup for August expiry.
Nifty is trading around 24680 and we are seeing tight range movement with no clear trend for now. In such times, Iron Condor becomes a powerful income-generating strategy for option sellers, especially if the market stays within a defined range.
So here's the plan:
Strategy Type:
Bullish Iron Condor on Nifty (28th August 2025 expiry)
Position Details:
Sell 2x 24300 PE @ 130.05
Buy 2x 23800 PE @ 53.75
Sell 2x 25000 CE @ 172.50
Buy 2x 25500 CE @ 49.30
Strategy payoff graph:
Strategy Rationale:
We’ve created a wide range between 24101 to 25199 as our breakeven zone. As long as Nifty stays in this range by expiry, we collect full premium and enjoy time decay.
Why We Call It Bullish Iron Condor:
We’ve kept the Put side tighter and Call side slightly wider, meaning we have a bullish bias but still want to benefit from a range-bound expiry.
Rahul Tip:
Don’t go for iron condors blindly, always check for major events, news, or breakout signals. A sudden breakout or breakdown can flip your setup. Adjust or exit if market moves out of your defined zone.
Disclaimer:
This strategy is for educational purposes only. Please do your own risk management and position sizing. Avoid taking full quantity at once — better to scale in once the range confirms.
GRASIM Bullish Setup: Key AOI Levels and Reversal Trade PlanGRASIM Industries Ltd is currently forming a potential bullish reversal structure as it approaches a key structural AOI (Area of Interest) zone on the daily chart. This post outlines the complete trade setup, including price action analysis, important zones to monitor, trade plan, and conditions under which the setup could fail.
Key Observations
1. Weekly AOI – Support Zone
Range: Around ₹2,675 to ₹2,701
This green zone represents a strong weekly demand area, acting as a base for potential reversal.
Aligned with the psychological level of ₹2,700, this zone has historically acted as a strong pivot.
2. 2H Structure Shift AOI Zone
Level: ₹2,752.10
This level marks the intraday structure breakout zone on the 2-hour chart.
A successful breakout followed by a retest and bullish candlestick pattern may trigger confirmation for a long position.
Suggested lower timeframes for confirmation: 2HR, 1HR, and 30 Min.
3. Weekly AOI – Resistance Zone
Range: ₹2,875 to ₹2,925
The upside potential is capped at this resistance area, making it an ideal zone for partial or full profit booking.
Trade Plan Breakdown
Projected Move:
Price is currently hovering below the intraday structure shift.
If the price breaks above the ₹2,752 level, traders should wait for a pullback and confirmation in the form of a bullish candle on lower timeframes.
Post-confirmation, an upward move toward the weekly resistance zone is projected.
Entry Strategy
Trigger: Break and retest of the ₹2,752.10 level.
Confirmation: Bullish candlestick pattern (Pin Bar, Engulfing, or Morning Star) on 30 Min – 2HR timeframe.
Stop-Loss: Below the structure AOI or below ₹2,700.
Target 1: ₹2,875 (Near top of Weekly AOI – Resistance)
Target 2: ₹2,900+ (Aggressive target within resistance zone)
Setup Invalidation Level
If the price starts trading below ₹2,700, especially with strong bearish momentum, the setup fails.
In that case, price may revisit lower zones, and traders should refrain from taking long positions.
Technical Confluence
EMA 200 Support: Current price is significantly above the EMA 200 (₹2,618), indicating long-term bullish momentum.
Psychological Level ₹2700: Key psychological round number acting as a magnet and support.
Intraday structure shift: The break of lower timeframe structure adds strength to the setup
Risk Management Guidelines
Position Sizing: Do not risk more than 1-2% of capital per trade.
Wait for Confirmation: Avoid premature entries without bullish candlestick confirmation.
Trail Your Stop-Loss: After price moves into profit zone, trail SL to protect capital.
GRASIM Industries is showing signs of potential reversal and strength near the ₹2,700 zone. The structure shift on the 2-hour chart provides a bullish opportunity, but entry must be cautious and confirmation-based. With a solid risk-to-reward ratio, this could be a textbook breakout-retest trade if conditions align.
Energy Exhausted: Indian Energy Exchange Nears BreakdownGreetings Fellow Traders, Sharing a critical technical update on Indian Energy Exchange (IEX). The chart is flashing early warning signs of a potential breakdown. Key zones and price action indicate growing bearish momentum stay alert and trade with caution!
Indian Energy Exchange – Bearish Outlook Strengthens.
Indian Energy Exchange is showing clear signs of weakness as it continues to respect a long standing downtrend resistance line. The recent price action saw a sharp rejection near the 156 resistance, reinforcing bearish control.
Currently, the stock is testing a crucial Monthly Demand Zone (135–120) a level that has historically offered strong support. However, the structure now suggests increasing vulnerability.
Bearish Signals-:
Price consistently forming lower highs beneath the descending trendline.
Rising volume on red candles signals strengthening selling pressure.
Price nearing the lower boundary of demand, risking a breakdown.
Key Levels to Watch:
Breakdown below 120-: A close below this level, especially with volume confirmation, could trigger a deeper correction toward 70 or lower.
Rejection from 156 zone-: Any bounce back to this level may offer fresh shorting opportunities, unless a trend reversal is confirmed.
A decisive move below 120 would mark the beginning of a markdown phase, validating the broader bearish reversal pattern in play.
This publication I am sharing for learning purpose like price action, Support and resistance and trends ETC.
Regards- Amit
Kfintech - Positional Long SetupIn the last month of July, the stock price fell from 1380 to 1100. Presently seems on a support area. As you may see on the chart. This setup is based on a reversal possibility from the support range around 1080.
Stochastic RSI shows a reversal sign.
Possible targets may be 1165/1230 and 1305.
If it sustains below 1070-1050 levels, the setup will go weak. Below 1070, the exit plan should be considered.
One has to keep the position size according to the risk management.
All these illustrations are my personal view, only for learning and observation purposes; this is not buying or selling advice.
All the best.
WAAREE ENERGIES LTD – Approaching Key Resistance & Supply Zone |WAAREE ENERGIES LTD (NSE: WAAREE) is currently trading at ₹3,136.20, showing strong bullish momentum with a recent gain of over 4%. The stock is approaching a crucial resistance zone between ₹3,435–₹3,500, which lies just below the marked supply zone (T1: ₹3,764.95).
A breakout above this resistance and sustained move could lead to a new upward leg, with T1 as the immediate target. However, failure to break above may trigger a consolidation or pullback toward the green demand zone (around ₹2,800–₹2,950), which has acted as strong support.
Key levels to watch:
• Resistance/Supply Zone: ₹3,435 – ₹3,764
• Immediate Support: ₹2,800 – ₹2,950
• Trend: Stock showing higher lows and holding within an ascending channel
Monitor price action closely near the resistance for a breakout or potential reversal signal. Volume and RSI indicators will be key in confirming the next big move.
Disclaimer: This chart is for educational purposes only. Please do your own research or consult a financial advisor before making any trading decisions.
Confluence of a channel breakout, volume point and 200-day EMAFor a year, price trended lower within a well-defined descending parallel channel. In mid-April 2025, the stock shook out below the channel support but quickly recovered, signalling a false breakdown and accumulation. By late May, price decisively broke above the upper boundary of the channel and compressed into an ascending triangle. The 200-day EMA provided dynamic support and multiple pullbacks at or slightly above this EMA, confirming it as a reliable demand zone. The breakout leg coincided with above-average volume validating the move and suggesting follow up buying.
The long positions with proper risk controls, keeping a stop loss just below 200 EMA.
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Sumitomo Chemical | Positional Swing Setup with Dynamic SLA strong setup is forming in Sumitomo Chemical with bullish c price action and trend indicators. Entry can be been initiated at current levels with small quantity with a stop-loss placed at ₹570 on a weekly closing basis.
No fixed targets. This is a trailing stop-loss-based position aimed at capturing a sustained trend move.
Add-on Zone: If the price retests the support near the ₹630 level (previous structure/support), more quantity will be added as part of a pyramiding strategy, provided broader market structure remains bullish.
Indicators Used for Trailing SL & Confirmation:
ADX & DI , RSI Levels
Exit Criteria:
Weekly close below ₹570 (hard stop)
Note: This is a disciplined, structure-based swing trade with optional pyramiding. Avoid impulsive exits; trail stop-losses logically based on trend indicators.
XAUUSD GOLD Analysis on (01/08/2025)#XAUUSD UPDATEDE
Sell Limited - (3298-3305)
If price stay below 3315, then next target 3282,3268 and above that 3335
Plan;If price break 3298-3305 area,and stay below 3295,we will place sell order in gold with target of 3282,3268 and 3250 & stop loss should be placed at 3315