Maruti: Rising Flag, Dropping ProbabilityStructure
The decline into Wave W is complete as a Regular Flat.
The rebound is a corrective Wave X, fully overlapping and contained within a rising channel.
Bias remains bearish as long as price trades inside this channel.
Wave Y Setup
Trigger: Breakdown below the channel near 16000.
Entry: Preferable after a break and retest of the lower channel line.
Target: Toward 15,260 to complete Wave Y.
Invalidation: A decisive close above 16,549 invalidates the bearish view.
Summary
The current rise is a corrective phase, not a trend reversal. The higher-probability outcome is a continuation lower into Wave Y unless the channel breaks to the upside.
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.
Flag
TVSMOTOR's DOWNTREND OVER? NSE:TVSMOTOR
Price was in a clear downtrend earlier with lower lows. But notice the change in behaviour :
The last big down-leg was not able to break the previous low – sellers lost strength.
From that low, price bounced up with strong volume, showing fresh buying interest.
After that, price has been holding around the same zone for ~15 days, moving in a tight range instead of falling back. This looks like supply getting absorbed near resistance.
NSE:CNXAUTO chart also gave initial breakout from tight range.
Heres the 30 min chart
For me this is a potential range-breakout setup:
Entry: Above the range high around ₹3,505 on a strong candle.
Stop-loss: Below the range low near ₹3,460.
First target: Around ₹3,560.
Extended target: Near the next resistance zone around ₹3,600+ if momentum continues.
Plan is simple – as long as price stays above the breakout level, bias is bullish. A breakdown back inside the range or below ₹3,460 will invalidate the idea.
Study the chart and then act with probabilities.
Keep Learning
Happy Trading.
Nifty 50 Price Structure Analysis [02/12/2025: Tuesday]Top-Down Nifty 50 Price Structure Analysis for 02nd December 2025. The day is Tuesday.
Event : Nifty 50 Weekly Expiry. No other high-impact event.
(1) Monthly Time Frame:
It is the first day of the month. It is an inside candle. Major resistance is at level 26300. Major support is at levels 26150 and 26100. The view is bullish to indecisive. Technically, no scenario to short. Best to avoid trade.
(2) Weekly Time Frame:
It is the first day of the week. It is kind of a red marubozu, but with slight buying from the level 26150. There is a very strong resistance at the level 26300. There is a very strong support at the levels 26150 and 26100. Also, it's an inside week. Highly indecisive scenario. However, the uptrend is still intact. So, taking a short position is also difficult. No bullish trade till 26300 is breached. No bearish trade till 26100 is breached. The view is indecisive.
(3) Daily Time Frame:
Back-2-back 3-day red candle. Also, 3 days of range-bound consolidation. However, the uptrend is still intact. The bullish marubozu made on 26th November is still holding the uptrend. At this level, strong resistances are at levels 26300 and 26250. Strong support levels are at 26150 and 26100. The view is indecisive until higher or lower levels are breached.
(4) 30-Minute Time Frame:
A perfect zig-zag range-bound consolidation of price in the zone of 26300 to 26150 is evident. There is also a formation of a pole and flag pattern. It is a no-trading zone. Major resistance levels are at 26300 and 26250. Major support levels are 26150 and 26100. The view is indecisive to bearish as it seems the price structure formed a triple top.
No Trading Zone (NTZ): 26300 - 26100.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price starts to form a higher highs and lower lows structure above the level 26250.
(iii) Price shows the promise of trading above 26300.
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price starts to develop lower lows and lower highs below 26150.
(iii) Price decisively breaches the 26100 level.
Strong Resistance Zone: 26300 - 26250.
Strong Support Zone: 26150 - 26100.
Expectations (Hypothesis and insight from the trade plan):
(1) The view is bearish to indecisive. Every upmove should be doubted as sellers will try to expire price below levels 26300 and 26250.
(2) There is a higher chance of breaching the levels 26150 and 26100. But wait till 26100 is decisively breached.
(3) The first sign of bullishness can only be observed when the price sustains above the level 26250. But bullish probability is low. By the end of the day, if the price holds above 26150 - 26100 and tries to sustain above 26200, then there is a higher chance of bullish continuation.
(4) However, if the price breaches 26100 decisively, then there might be a free fall till 26000 at least.
Buy MCX#MCX (Multi Commodity Exchange) Technical Analysis Summary
Current Market Price : ₹8,051.50
Dow Theory Analysis
The chart perfectly demonstrates **Dow Theory principles** in action:
Bullish Structure
Higher Highs : Clear progression from previous peaks
Higher Lows : Each dip maintains above previous lows
Fresh Higher High : Recent peak establishing new uptrend confirmation
Key Technical Levels
Daily Resistance : 8,339.00
Weekly Resistance : 8,901.50
Previous ATH : 9,115.00
Multiple Pattern Confirmations
1. Flag & Pole Pattern : - Bullish continuation pattern Suggests upward momentum continuation
2. Harmonic Pattern :
- Trading near point B
- Activation Level : 8,148.50
- 1st Target : 9,115 (Previous ATH)
- 2nd Target : 9,964 (Current projection)
Do your own analysis before Initiating any Trades.
Strong PSU Bank - Indian Bank - Strong BuyIndian Bank - Swing to Short-Term Investment Report
Current Price: 653.10
TECHNICAL SETUP OVERVIEW
Analysis Type: Monthly Chart | Investment Horizon: Short to Medium Term (6-18 months)
Key Observation: After a historic breakout from multi-year resistance, Indian Bank has established itself as a solid structure for accumulation with exceptional return potential.
BREAKOUT TIMELINE & PATTERN
Historical Resistance Battle (2018): Successfully tested 5 consecutive months.
Major Breakout (January 2024) Clean breakout above 2018 resistance level, Significance 6-year base breakout - high probability setup - Follow-through Strong momentum confirmed.
Bull flag Pattern formation, Price Range: 632-736. Building energy for next leg up
Structural Advantages:
1. Clean Breakout Pattern
- No false breaks or whipsaws
- Volume confirms genuine buying
2. Multiple Timeframe Confluence
- Monthly, weekly, daily all aligned bullish
- No conflicting signals
- High probability continuation
3. Measured Move Projections
- Targets based on historical patterns
- Flag pole height projects to 1,050+
- Conservative targets: 813-973
4. Fundamental Support
- PSU bank re-rating theme intact
- Improving asset quality
- Growing dividends (35% YoY growth)
- Strong Q4 profit growth (+31.56%)
Disclaimer: For educational purposes only. Manage risk appropriately and do your own research.
🎯 Trade Smart. Trade Safe. Accumulate Quality.
Flag Found in NZDUSDI was eyeing on NZDUSD for Bullish entry above its major support @ 0.5613.
Then I caught a flag pattern which indicates continuation towards 0.5515. This is also confirmed by its near major support at 0.5514.
The price retraced two times from 0.5514 on 9th April 2025 and 3rd Februrary 2025. It enables me to have a proactive selling below the current Lower Low @ 0.5588 which is the pole of our flag.
Our Stop losses positioned at 0.5617, right above the flag clothing.
I am taking two trades each with 1% risk.
If my first trade target hits then I will move the SL of other trade to BE to ride the same direction with great peace of mind. Happy Trading.
Trade No. 1
Entry (Sell Stop): 0.5588
SL: 0.5617
TP: 0.55518
Trade No. 2
Entry (Sell Stop): 0.5588
SL: 0.5617
TP: 0.55155
Contraction in Monthly Time FrameThis is the monthly chart and analysis of Global Spirits.
Global Spirits has formed classic flag and Pole pattern and now trading comfortable on 10ema. It has taken three times resistance from 1300+ Price zone and now made a perfect 3T pattern.
The stock has made same structure in the DTF also.
The stock made same structure during 2018 to 2020 and rallied 5 times from there,
Disclaimer- Do your analysis before entering any stock. You are responsible for your own profits and losses.
Always go in with a SL.
EURJPY: MEDIUM TERM BULLISH Hello everyone,
Let's talk about EURJPY upcoming predictions.
My pure Price action analysis is laying foundation for me to go Bullish.
With not much lift in my trading account, i am taking more risk by trading this pair with H1 Time frame aiming the Flag Target made by H4 Timeframe.
Currently, it crossed the flag's pole which was our confirmation point. Although I already got entered after the price touched the hourly trendline and then breakout above Resistance Level.
Please note that I am also keeping my equity safe and sound by early exit.
I am taking two trades each with 1% risk. Though the final target is 182.60 .
If my first trade target hits then I will move the SL of other trade to BE to ride the same direction with great peace of mind. Happy Trading.
Trade No. 1
Entry: 179.93
SL: 178.97
TP: 181.13000
Trade No. 2
Entry: 179.93
SL: 178.97
TP: 182.33000
BEL (W): Primed for ATH BreakoutBased on Weekly Timeframe, Logarithmic Scale
This is a classic "coiling spring" setup. The stock is in a tight, bullish consolidation right below its all-time high. A powerful combination of fundamental catalysts, bullish high-timeframe indicators, and classic volume contraction suggests a breakout is highly probable.
🚀 1. The Fundamental Catalysts (The "Why")
This bullish technical pattern is fully supported by a torrent of positive fundamental news, providing a strong "tailwind" for the stock:
- Strong Q2 Earnings: On Oct 31, BEL reported a 26% rise in revenue and an 18% rise in net profit for Q2 2026, beating estimates.
- Massive Order Inflow: The company is announcing new, large-scale orders almost weekly, including ₹792 crore (Nov 10) and ₹871 crore (Nov 14). This provides high visibility for future earnings.
📈 2. The Dominant Pattern: Bullish Consolidation
- The "Flagpole": The stock made a strong move up to its All-Time High (ATH) in June 2025.
- The "Flag": Since then, it has been in a sideways consolidation phase , trading in a tight range just ~2% below its ATH.
- Drying Volume: Volume has been drying up during this consolidation. This is a classic, powerful sign that sellers are exhausted ("supply has dried up") and the stock is being accumulated.
- Recent "Ignition": Last week's +3.04% surge on 73.21M in volume was a significant "ignition" signal, showing that buyers are starting to re-emerge and test the resistance.
📊 3. Confluence of Bullish Indicators
The "trifecta" of bullishness on high timeframes is exceptionally strong:
- RSI: The Relative Strength Index is rising on both the Monthly and Weekly charts, showing that long-term momentum is firmly on the side of the buyers.
- EMAs: The short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state on both the Monthly and Weekly charts, confirming the long-term trend is up.
🎯 4. Future Scenarios & Key Levels to Watch
The price action next week is critical.
🐂 The Bullish Case (Breakout)
- Trigger: A decisive, high-volume weekly close above the ATH resistance (₹436).
- Confirmation: This would confirm the end of the 5-month consolidation and the start of a new leg up into "price discovery."
- Target: The next logical technical price target is around ₹530 .
🐻 The Bearish Case (Breakdown)
- Trigger: If the stock fails to break out and momentum is lost (e.g., due to a broader market pullback).
- Confirmation: The stock would need to break below.
- Target: A failure would see the stock fall to retest its immediate support level at ₹400 .
Conclusion
A "wait and watch" approach is ideal, but the evidence is heavily skewed to the upside. The combination of a perfect technical pattern (high tight flag), bullish high-timeframe indicators, and a powerful fundamental story (earnings + new orders) makes this a textbook setup for an ATH breakout.
GK EnergyGK Energy have long scale Poll and Flag Pattern.
As per Fibo, it has 61.80% correction from the previous wale low and high made in that wave, which is All Time High.
So, as per technical analysis, If this stock sustain above 210,
Targets would be 219-239.
So, now here 239.60 is ATH, so what it can do? So, if sustain above 240, we will see 288 which is almost 60% upside from this wave.
Accumulate on every small dip and wait for the target.
Power Grid – A Flag Within a WaveAfter completing a clean five-wave rally from ₹247.30 to ₹322, Power Grid has spent months in a controlled drift lower — a textbook corrective channel, likely forming Wave 2/B of the next major leg.
Price now sits near the 0.786 retracement (₹263 zone), showing early signs of exhaustion. A “ Bullish hammer? ” candle has appeared — not textbook-perfect, but hinting that buyers are starting to show up near prior demand.
The RSI divergence adds another layer — price made new lows, RSI didn’t. That’s often how momentum bottoms quietly form before a sharp reversal.
Still, price hasn’t kissed the lower boundary of the channel, which has already acted as support thrice. So, another quick dip can’t be ruled out before a stronger move unfolds.
A breakout above the upper channel would confirm the end of this correction and signal the start of Wave 3/C, with ₹322 as the first key level to reclaim.
Until then, patience is key — the structure remains healthy, the confluence is strong, and the risk is clearly defined.
Structure summary:
Wave 1/A : ₹247.30 → ₹322
Wave 2/B : Descending flag-type correction
Key fibs : 0.618 = ₹275.85, 0.786 = ₹263.30
RSI : Bullish divergence emerging
Trigger : Breakout above channel
Invalidation : Below ₹247
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.
Sobha- A breakout of consolidation is on cardsRealty sector has been performing well post Q2 results announcements.
Sobha has posted stellar Q2 numbers but it might be one off quarter as well.
Technically, stock is looking ripe for a good flag breakout of consolidation.
We might soon see a breakout coming but sustainment of breakout is crucial for further upmove.
Levels are mentioned on chart. We can see upside of more than 50% if breakout sustains.
You can also check other realty sector stocks and see if any similar pattern is visible.
Please note that I am just NISM certified RA and not SEBI registered.
This analysis is not a recommendation but has been shared for educational purposes only.
Indraprastha Medical Ltd | Bullish Flag Breakout | Swing SetupCompany Overview (Fundamental)
Indraprastha Medical Corporation Ltd (IMCL) operates under the Apollo Hospitals Group and manages the Indraprastha Apollo Hospital, New Delhi — one of India’s largest multi-specialty hospitals. Company financially strong, consistent profitability, improving margins, and low debt.
Fundamentally stable company with consistent earnings and a defensive sector (Healthcare).
Strong base for technical breakout follow-through.
💰 Market Cap: ~₹5,400 Cr
📈 Revenue Growth (YoY): +16% (Strong Growth)
💸 Net Profit Margin: ~10–12% (steady)
💵 Debt-to-Equity: 0.05 (virtually debt-free)
📊 ROE (Return on Equity): ~20%
Technical Overview
The setup represents a bullish continuation phase, with EMAs stacked positively and volume confirming accumulation.
Price trades above all 3 key EMAs (9, 20, 50) — strong bullish alignment.
Formation of a textbook Bullish Flag Pattern after a sharp pole rally from ₹460 to ₹610.
Recent candle closed bullish with +3.4% gain and high volume (2.48M) — indicating renewed buying interest.
RSI ~60 → Momentum healthy and not overbought.
MACD positive crossover developing, confirming bullish trend strength.
Price Action Analysis
Clean, bullish, momentum-driven move with volume confirmation.
Buy on dip near breakout retest at ₹580-583
Book Partial profit at ₹625–630
target 2: ₹655–660 this will be Flag breakout projection.
A perfect risk to reward ratio following.
Disclaimer
This analysis is for educational and research purposes only — not investment advice.
Always do your own due diligence and manage risk before trading.
Flag breakout inside a long-term rising channel
NIFTY spent the last few months in a falling/sideways range (highlighted box) within a larger rising channel.
Price has broken out on the upside and is pushing above the box top / local supply.
A classic measured-move from the height of the box projects ~3,650–3,700 pts higher, aligning with the upper channel—pointing to ~29,400–29,600.
Why it works
Structure alignment : Local flag breakout with the primary up-channel.
Confluence : Measured move ≈ upper channel touch, giving a logical exhaustion zone for profit-taking.
What can go wrong
False breakout : Quick rejection and close back under 25,700.
Macro/event risk : Gap moves around data/events can bypass stops—position accordingly.
Bias: Bullish while above 25,700 on daily closes.
This is a technical study for educational purposes, not investment advice. Manage risk.
SchaefflerInd - Technical Analysis#Schaeffler India - Technical Analysis Report
Current Price: 4,141.10 / Prev ATH @4951.
Trade Setup Overview
Basic Dow Theory : Stock is making Higher High - Higher Low by Breaking previous ATH decisively and stock is down to strong Demand Zone for retracement.
Stock is in consolidation before breaking previous ATH & currently forming Flag & Pole Pattern.
Entry on breakout above resistance 4,200-4,300
Conservative Stop Loss at 3,800 | Tight SL near 4,000
Tgt 1: 4,602
Tgt 2: 4,776
Tgt 3: 5,026
Grand Flag & Pole Target: 5,495.
Technical Highlights:
- Trend Reversal confirmed by breaking previous High on May 2025 around 2,800
- Price consolidating after strong recovery rally
- Trading above key moving averages
- Breakout above 4,300 resistance could trigger momentum toward 4,600 / 5495
Risk-Reward:
Favorable R:R with potential 11-33% upside vs 3-8% downside to stop loss levels.
Nifty 50 Index – Bullish Pole & Flag Breakout Setup(5-min-15min)The Nifty 50 index on the 5-minute and 15-minute timeframe is showing a bullish pole and flag continuation pattern. After a strong upward rally (the pole), the price has entered a downward-sloping consolidation channel (the flag), indicating healthy profit booking. The pattern suggests potential for a breakout on the upside, resuming the prior bullish trend.
Key levels to watch:
Support: 24,824 – 24,883 zone (green lines)
Resistance: 25,222 and 25,359 (red lines)
Breakout Target Zone: Above 25,400 if price sustains above the flag channel resistance.
The volume profile also indicates strong accumulation near 25,000, further strengthening the bullish bias.






















