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. :)
Community ideas
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
SUBROS may have started 5th waveThe stock is in clear uptrend on higher time frames (Weekly & Monthly).
It has given a break out on weekly time frame and now has come to retest the same level.
In daily TF we can see the bullish candle on support and a corrective wave (A-B-C).
It has also taken support on 50 EMA.
So the confluence of the 2 context gives some conviction on this chart. If NIFTY goes up then the chances of this stock going up increase dramatically.
NOTE: Pls do not take this as an advice, Just sharing my study.
Jio Financial Services Ltd - Breakout OpportunityDate : 30-Jul-2025
LTP : Rs. 320.30
Targets: (T1) Rs. 368 --> (T2) Rs. 394 --> (T3) Rs. 437
SL : Rs. 282
Technical View:
• NSE:JIOFIN was going through primary downtrend since Apr 2024. From it's lifetime high of 394.70 in Apr 2024, it has retraced 50% to 198.65 in Mar 2025.
• From Apr 2025, NSE:JIOFIN has started moving in secondary uptrend within its primary downtrend and had given a breakout from its primary downtrend on 26-Jun-2025 with higher than average volume.
• on 28-Jul-2025, NSE:JIOFIN has re-tested the downtrend line and bounced back closing above 20 DEMA.
• NSE:JIOFIN is currently trading above 20 DEMA and 50 DEMA.
• MACD is trading at 2.38 and RSI is trading at 56.18.
• Looking good to continue the current momentum.
If you have liked this analysis, please Boost/Like this idea and follow my ID for more ideas.
Hindustan Copper LtdDate 29.07.2025
Hindustan Copper Ltd
Timeframe : Day Chart
Technical Remarks :
1 Formed bullish engulfing on intraday closing basis
2 Closed above 200 exponential moving average
3 Took support from handle's bottom base
4 Dual neckline at 290 of descending triangle + cup & handle pattern
5 302 is another resistance after that high momentum journey
6 Keep todays low at 245 or 200 ema as strict stoploss on trailing basis
About The Company :
Main Products
1) Continous Cast Copper rod
2) Copper Cathode
3) Copper Concentrate
By-products
1)Copper Sulphate
2)Sulphuric acid
3) Anode Slime
4) Nickel hydroxide
5) Reverts
Plant Location
Taloja in Maharashtra
Jhagadia in Gujarat
Ghatsila in Jharkhand
Malankjand in Madhya Pradesh
Khetrinagar in Rajasthan
Revenue break up
Domestic sales - 43%
Export sales -57%
Exports sales - Product wise
Copper concentrates- 94%
Copper reverts- 2%
Anode slime - 4%
Valuations
Roce = 24%
Roe = 19%
Pe Ratio = 53
Book Value = 9X
Operating Profit Margins = 36%
Holding Pattern :
Promoter = 66.14%
DII = 3.71%
FII = 8.24%
Public = 21.90%
Regards,
Ankur
INTERARCH : Swing Pick (1-3 Months)#INTERARCH #vcppattern #chartpattern #ascendingtrianglepattern #breakoutstock #patterntrading #Swingtrading
INTERARCH : This will test Patience
>> VCP formation in process
>> Ascending Triangle forming
>> Breakout candidate
>> Good Strength & Volumes Dried up
>> Trending Stock in consolidation
Swing Traders can lock profits at 10% & Keep Trailing
Pls Comment , Boost and Follow for more such Analysis
Disc : Charts shared are for Learning Purpose and not a Trade recommendation, Consult your Financial advisor or a SEBI Registered Advisor before taking position in it.
ALEMBIC PHARMAAlembic Pharma has been actively expanding its product portfolio and regulatory approvals, especially in the U.S. market and is well-positioned for multi-dimensional growth.
It operates a vertically integrated pharmaceutical business, allowing control over the entire value chain—from R&D to manufacturing and global marketing.
Key Segments:
Formulations: Branded generics and specialty drugs across therapeutic areas like cardiology, anti-infectives, diabetology, and gynecology.
APIs (Active Pharmaceutical Ingredients): Supplies to both internal and external clients.
Geographies:
India: Strong branded generics presence.
US: Focus on complex generics and injectables.
Ex-US: Rapidly growing markets in Asia, Africa, and Latin America.
Alembic exports to over 100 countries and is expanding its regulatory footprint. Strategic partnerships and contract manufacturing bolster international presence.
Risks & Challenges
Regulatory hurdles especially in the U.S. and EU.
Pricing pressure in generics, particularly in the U.S.
Competition from both Indian and global pharma players.
Raw Material Volatility - API supply chain risks.
TORNTPHARM : Consolidation BreakoutStock is showing consolidation Breakout on ATH level, which is good for stock. Depends on its upcoming results the rally will be continue. Showing Head and Shoulder Breakout
All data is available in public domain..
CMP : 3600
TG : 4200
SL : 3290
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
LLOYDSME – Breakout Retest with 21 EMA ConfluenceAs part of my personal trading strategy, I am closely watching LLOYDSME, which is currently retesting a recent breakout zone and hovering near a key support level. This area also coincides with the 21 EMA on the daily chart, adding to the technical confluence.
I am considering a long position if the price action confirms support at this level, in line with my predefined risk management rules. From my perspective, the current chart structure offers a potentially favorable risk-reward setup, with scope for upward movement if the retest holds.
Disclaimer
This analysis reflects my personal views and is shared for educational and informational purposes only. It does not constitute investment advice or a recommendation. I am not a SEBI-registered investment advisor. Please consult a qualified financial advisor and do your own due diligence before making any investment decisions.
CSB BANK LTD ANALYSISFOR LEARNING PURPOSE
CSB BANK LTD - The current price of CSB BANK LTD is 427.10 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone and it's making a new ATH and retested that level last week.
3. It is showing better relative strength as it stood strong in volatile times including last week.
4. The risk and reward is favourable. The good part- The stock is not extended.
5. The stock belongs to a sector which is quite strong i.e, Private Banks. The sector is in the consolidation after making new highs
6. The stock has done almost nothing in last 6 years i.e, it got listed in 2019 so it's more a laggard which is trying hard to do something now.
I am expecting more from this in coming weeks
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 387.45 rupees
I will be managing my risk.
Yatra Online LtdYatra Online Ltd
a) YOL deals in the entire value chain of travel and hospitality, covering B2C and B2B segments.
b) It is the largest Corporate travel services provider, and one of the largest OTAs with ~80,000 domestic hotels and homestays contracted in ~1497 cities.
c) It provides a Real-time and Integrated SaaS Tech Platform which is accessible through the desktop & Mobile apps.
d) The company has a customer base of over 1,300 large corporates with addressable employee base of 9+ million employees.
Service:
The company is one of India’s leading online travel platforms, offering comprehensive corporate travel services to over 850 corporate clients. It facilitates bookings for domestic and international flights, hotels, holiday packages, buses, trains, cabs, homestays, cruises, and local activities. With a network of approximately 108,000 hotels and homestays across 1,500 Indian cities and access to around 2 million hotels globally, it stands as the largest domestic hotel platform in India.
Market Cap: ₹ 1,477 Cr.
Promoter holding: 64.5 %
FII holding: 2.82 %
DII holding: 19.1 %
Public holding: 13.6 %
Debt: ₹ 78.4 Cr.
Debt 3Years back: ₹ 62.8 Cr.
Looks good to buy on every deep, once breakout come it will give good movement.






















