PATANJALI FOODS LTD – Daily Chart AnalysisPATANJALI FOODS LTD – Daily Chart Analysis
Price as on June 6, 2025: INR 1,681.60
Technical View with Fundamental Context
Price Structure Analysis:
Patanjali Foods appears to be consolidating within a large descending wedge pattern. The recent price action shows a bounce from the lower wedge boundary, where multiple liquidity points have been swept, creating a potential accumulation zone.
Current Support Zone: INR 1,650 to 1,698 (marked by green horizontal levels)
Immediate Resistance: INR 1,783 (falling trendline and horizontal supply zone)
Breakout Targets:
INR 1,783 (near resistance)
INR 1,904 (midterm supply area)
INR 2,011 (swing high from previous uptrend)
If the price sustains above 1,698 and gains volume strength, it may attempt a move toward the 1,783 zone, followed by a breakout targeting 1,904 and beyond.
Some Observations
Liquidity Grab Confirmed:
Price action shows a wick piercing below a crucial horizontal demand level. This sweep of stop-losses beneath support is often followed by a reversal, suggesting institutional accumulation.
Wedge Compression:
Multiple lower highs and relatively stable lows form a classic descending wedge pattern, which statistically favors bullish breakouts.
Measured Move Setup:
From the current level to the wedge breakout target at INR 1,783 represents a 5.69 percent move. Beyond that, the extended upside toward INR 2,011 offers a potential of over 10 percent.
Fundamentals Highlights:
Operates under strong brand equity with wide rural and urban penetration.
Strategic backward integration in oilseed procurement and processing.
Plays a major role in import substitution for edible oils, supported by government policies.
Recent Developments:
Restructuring and synergy with other Patanjali Group entities is ongoing.
Expansion into high-margin wellness and health products.
Strong demand trends seen in packaged foods and nutraceuticals.
Risks:
Vulnerability to global edible oil prices and supply chains.
High promoter holding under regulatory scrutiny can impact investor sentiment.
Positives:
Focus on indigenous production and Atmanirbhar Bharat themes.
Consistent demand for essentials even in weaker market cycles.
Debt reduction in recent quarters shows improvement in balance sheet strength.
Patanjali Foods is currently at a crucial technical zone. With signs of smart money accumulation and supportive fundamentals, the script has a fair probability of attempting a bullish breakout in the coming weeks. However, it must sustain above 1,698 and clear 1,783 with conviction for a confirmed uptrend.
Traders should watch volume confirmation and broader FMCG sentiment. Investors may look for dips near the 1,650 zone with a medium-term perspective.
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Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
Fundamental Analysis
Cummins India: Technical + Fundamental BreakdownIn this video, I dive into Cummins India, combining technical analysis with key fundamental insights. I cover chart patterns, volume action, support/resistance zones, and recent financial performance to help identify a potential investing & swing trade opportunity.
🔍 Perfect for traders who want both data and conviction behind their trades.
Watch, learn, and trade smarter.
GOLD - BULLISH OUTLOOK WITH SHORT TERM PULLBACKSymbol - XAUUSD
Gold is currently testing the liquidity zone near the 3350 level, exhibiting signs of a potential false breakout above resistance within the prevailing upward trend. A short-term correction may occur before the continuation of the broader bullish movement.
The fundamental backdrop in the market remains complex and somewhat contradictory. Presently, attention is centered on geopolitical developments, particularly the heightened tensions between Russia and Ukraine following the recent weekend escalation. Market participants are closely monitoring diplomatic negotiations taking place in Turkiye. Additionally, the ongoing uncertainty surrounding international tariff policies continues to exert pressure on sentiment.
Since the session's open, gold has demonstrated strong upward momentum, approaching a key liquidity & resistance zone. A false breakout at resistance appears to be forming, which could prompt a corrective pullback toward a key area of interest. Simultaneously, the US dollar is testing a support level, potentially signaling a local correction before resuming its directional movement. This interplay may influence gold prices, which retain an overall bullish outlook.
Resistance levels: 3350, 3365, 3409
Support levels: 3303, 3264
The price has broken out from a consolidation phase, having tested resistance and triggered liquidity above the 3350 mark. Given the current positioning, a retracement toward support levels is plausible before the uptrend resumes.
GOOD AFTERNOON INSTUTIONAL TRADER Lets GO (Central bank )
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kuch trade ka answer hame nahi milta usse chor dena chahiye ham koi bhagwan nahi hai bus ek insaan hai bus hamlog ko risk management follow karna chahiye ek hi trading setup hona chahiye jishme hame aacha accuracy hona chahiye all about (discipline) hame koi billionaire nahi banna hai bus life me itna ho paisa kuch kharidne ke liye price tag nahi dekhna pade mai ek chota sa hi trader hu aapko mehant karte raho ek na ek day bhagwan aapko dega ( karma hamesha work karta ) kabi kisi dekhkar aapna strategy change mat karo bus ushpe kaam karo usse improve karo 10 loss kyu na ho jish day tum 10 loss ka reason mil jayega ush day se profitable ho jaoyege bus loss reason dekhana hai aur usse life me repeat nahi karna hai.
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mera live trade chal raha tab hi aaplog ke liye post kar deta hu kuch spelling mistake hoga
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The Fartcoin dip is nearly finished. The Fartcoin dip is nearly finished
It's been brutal - but needed.
Given the channel it had been in for so long, the breakdown was always going to be nasty.
The timeline is obessed with dunking on it as well which is bullish AF.
Expecting a breakout of this corrective range soon back towards 1.6 - and will reassess there.
No need to flip bearish here. The time for that was much earlier.
Piramal Pharma bottom fishing Piramal Pharma looks good for bottom fishing on chart. Buy above 210 with stop loss below 200 on closing basis. Target is 225-230 for short term investment. Fundamentally, margin is improving, net profit rising. When business is improving and price is ready to bounce, its perfect recipe for good entry
Gold Awaits NFP Data: Will It Explode or Break Down from Range?XAUUSD – Gold Awaits NFP Data: Will It Explode or Break Down from Range?
Gold remains in a consolidation phase, coiling tightly ahead of the highly anticipated Non-Farm Payrolls (NFP) report. With traders on edge, the market is poised for a breakout – but in which direction?
🌍 MACRO & FUNDAMENTAL INSIGHT
Donald Trump reignited pressure on the Federal Reserve, calling for an immediate rate cut, especially after the recent ADP Employment Report showed the weakest job growth in over two years.
Fed Chair Jerome Powell, however, maintains a cautious stance, emphasizing that “no rush” to cut rates unless inflation convincingly trends lower.
Meanwhile, U.S. national debt is projected to hit $55 trillion by 2034, with unchecked fiscal expansion. This is fueling a global central bank gold-buying spree, with many purchases not even officially reported.
💡 This confluence of macroeconomic stress, monetary uncertainty, and geopolitical tension is pushing gold into the spotlight as a safe haven.
🔍 MARKET POSITIONING & SHORT-TERM DRIVERS
Unemployment Claims released today: 236K vs previous 240K – slightly positive, but not strong enough to offset weak labor momentum.
Treasury yields remain high (10Y at 4.55%), suggesting that while inflation fears persist, risk appetite is fragile.
The NFP release will likely serve as the catalyst for gold's next directional move, especially as liquidity builds up in a narrowing technical structure.
📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200)
Price is consolidating within a sideways range between 3333–3380, forming a classic liquidity trap just below key resistance.
The 3352–3333 zone is a critical structural support. A break below this level opens the door for a dip toward the FVG liquidity zone around 3320–3318.
On the upside, 3388–3400 remains a rejection zone. A clean breakout could target 3409 and even Fibonacci extension resistance at 3435–3445.
🔑 KEY TECHNICAL LEVELS
Resistance: 3388 – 3392 – 3400 – 3409
Support: 3355 – 3333 – 3320 – 3318
🧭 TRADING STRATEGY
🔵 BUY ZONE: 3320 – 3318
SL: 3314
TP: 3324 → 3328 → 3332 → 3336 → 3340 → 3350 → 3360 → ???
🔻 SELL ZONE: 3408 – 3410
SL: 3414
TP: 3404 → 3400 → 3396 → 3390 → 3386 → 3380 → 3370
✅ FINAL THOUGHTS
Gold is currently at the eye of the storm, with both fundamental and technical indicators aligned for volatility. The coming NFP release could tilt the balance sharply.
Stay disciplined: trade key zones only, wait for confirmation, and prioritize risk management. In markets like these, precision beats prediction.
Crazy illiquid stock for small investorsBack in those days where picking value stocks and value picks was the style, here is the illiquid name that takes me back to what real markets are for.
The Polymatech which is making waves in Unlisted space is the promoter of this company and Mr. Eswaran is also taking this up at ₹18
GOLD (XAU/USD) 1H Outlook – June 5, 2025Price is currently consolidating between 3,359 (temporary support) and 3,380 (temporary resistance) after the recent impulse move. The structure reflects a potential coil-up ahead of NFP. The market has formed a strong Base 2 around 3,345, while Base 1 at 3,295–3,305 marks the key demand that triggered the breakout above 3,322, which remains the macro breakout zone and invalidation level.
Unless 3,322 breaks down, this remains a bullish consolidation. Intraday dips into 3,359–3,345 may offer fresh long opportunities. A reclaim above 3,380 could trigger the next leg toward 3,400+. NFP will likely dictate the bigger move.
Bias: Bullish above 3,322
Invalidation: Sustained close below 3,322
Next key zone to watch: 3,400+
EURUSD - FALSE BREAKOUT MAY TRIGGER CORRECTIONSymbol - EURUSD
CMP - 1.1431
EURUSD is appreciating amid a weakening US dollar. However, the pair is facing significant resistance and exhibiting signs of a false breakout, which may precede a corrective movement.
EURUSD is currently testing a key resistance zone within a distribution phase and displaying characteristics of a potential false breakout. While the broader market structure remains bullish - evidenced by the pair breaching local resistance and establishing new highs. The failure to sustain upward momentum and the price consolidating below the 1.1418 level may act as a catalyst for a correction. Concurrently, the US dollar is approaching a support level and may initiate a rebound, exerting downward pressure on EURUSD.
Resistance levels: 1.1440, 1.1424, 1.1418
Support levels: 1.1384, 1.1343
Should the currency pair fail to establish a firm position above 1.1424 during the ongoing resistance retest, the likelihood of a downward consolidation increases, potentially presenting an opportunity for short positioning. The anticipated correction could extend toward the identified support zones before the broader uptrend resumes.
A notable recovery is observed in RVNL stock performanceAs per the current analysis, after a healthy correction from ₹647 to ₹305, the stock appears to be showing signs of a potential reversal on the upside. In my view, an ideal buying range lies between ₹410 and ₹420, with a suggested stop-loss at ₹350. The short-term target is estimated around ₹500, while the positional target is projected to be approximately ₹650.
Disc: I AM NOT A SEBI REGISTERED. PLEASE CONSULT WITH YOUR FINANCIAL ADVISOR BEFORE INVEST ANY AMOUNT ON THE BASIS OF MY RESEARCH.
Frontier spring retesting multi year breakout Buy frontier spring cmp 405 buy till 385 sl 240 tgt 1000+++ keep an eye on frontier spring for longer term investment
The orders for manufacturing of Springs/Forging for Linke–Hofmann Busch(LHB) coaches and Electric Locomotives Springs such as WAP7 and WAG-9 which were being imported till date by Indian Railways continues manifold.
Focus
Plans to buy a Six Ton Hammer to forge new products which was earlier not possible due to capacity constraints.
It signed an agreement with Crescendo Worldwide which is an International Trade Organization for growing business globally. It has helped boost their sales and procured many profitable orders from Indian Railways
NIFTY CHART ANALYSISNIFTY is trading in the range of 24500 to 25000. There is pure consolidation going on. On daily basis block deals are happening which is putting downside pressure on the market. FIIs are capitalising on huge short position in indices. Heavy call writing at 24800, 24900 and 25000 can be seen Once there will be closing above 25000, huge short covering can be expected. Closing below 24500 on daily and weekly chart will be negative
Gold Stalls Ahead of Key Trade TalksGold Stalls Ahead of Key Trade Talks – Will Price Explode Out of the 3345–3370 Range?
After Monday’s explosive rally, gold is currently consolidating within a tight price range. The market is at a critical juncture, awaiting high-level trade talks between the U.S. and China — an event that could serve as a major catalyst for the next directional move.
🌍 MACRO OUTLOOK & MARKET SENTIMENT
A major trade call between Trump and President Xi Jinping is on the horizon. This conversation could reset global trade expectations and potentially trigger large moves in risk assets.
Last week’s strong U.S. jobs data (NFP) pushed back expectations of Fed rate cuts. Treasury yields remain elevated, which is temporarily capping gold’s upside.
Market sentiment is neutral-to-cautious, with traders waiting for confirmation of a breakout or breakdown before committing capital to new positions.
📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200)
Gold appears to be in a wave 4 correction, consolidating after completing wave 3.
EMAs remain aligned to the upside (bullish), suggesting the broader trend still favors buyers.
Key range:
Above 3370 → breakout confirmation → momentum push toward 3400–3410
Below 3345 → breakdown → fast dip to 3310–3300 to complete wave 4 and initiate wave 5 upward
🧭 STRATEGIC ZONES
🔵 BUY ZONE: 3317 – 3315
Stop Loss: 3310
Take Profits:
3322 → 3326 → 3330 → 3334 → 3338 → 3345 → 3350 → 3360
This zone aligns with a strong FVG + EMA89 support. A bullish reaction here could provide a high-probability entry for the next impulsive leg upward (wave 5).
🔻 SELL ZONE: 3372 – 3374
Stop Loss: 3378
Take Profits:
3368 → 3364 → 3360 → 3356 → 3350 → 3345
3370 is a critical resistance zone. Any rejection at this level with weak momentum or divergence could open a short-term bearish correction back toward 331x levels.
✅ SUMMARY
Gold is trapped in a decision zone between 3345–3370. The market awaits clarity from macro headlines and technical breakout signals. Until then, traders should watch key levels closely, stay patient, and position accordingly based on price action confirmation at strategic zones.
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
Trendline Breakout in PARAS
BUY TODAY SELL TOMORROW for 5%
Gold (XAU/USD) 1H Analysis – Potential Breakout Play🟡 Gold (XAU/USD) 1H Analysis – Potential Breakout Play 📈
🔎 Key Levels and Zones
Resistance Zone: Around $3,410 – $3,430.
Midpoint/Key Resistance-Turned-Support: Around $3,360 – $3,370.
Support Zone: Around $3,270 – $3,290.
🔀 Chart Structure & Momentum
The price is in a short-term bullish recovery after finding strong support at the $3,270 – $3,290 level.
The breakout above the midpoint around $3,360 is a significant bullish trigger, suggesting that bulls are taking charge.
📊 Scenario Analysis
Bullish Scenario (Primary Bias) 🟢: If the price holds above the midpoint ($3,360), we expect a push towards the resistance zone ($3,410 – $3,430). This aligns with the “resistance-flip-support” concept, where the previous resistance becomes a new support base.
Bearish Scenario (Alternate Bias) 🔴: If the price fails to hold above $3,360, a re-test of the support zone ($3,270 – $3,290) is likely. From there, bulls will likely try to defend the area and launch another attempt upwards.
📌 Conclusion
The path of least resistance currently favors the bulls while the $3,360 level holds.
Watch for consolidation near $3,360 – $3,370 as a healthy retest before potential continuation to the upside target zone ($3,410 – $3,430).
📅 Near-Term Bias
Remain cautiously bullish while above $3,360.
A confirmed breakout above $3,410 opens room for further bullish momentum, while a breakdown below $3,360 can re-test the key support at $3,270.
Bearish Opportunity Ahead: Short at 106000 with High Reward PotThere is stronger resistance area around 106400/106600,
many times bounce back from 106000 level, then reach the all time High at 112000, so now that level has the resistance at 106000
🔹 Entry: 106000 (Short)
🔹 Stop Loss: 106600
🔹 Targets:
1️⃣ 103000
2️⃣ 100000
🔹 Extended Target: If 100000 breaks with strong volume, next support seen near 97000
💡 Watch price action and volume closely around 100000 level for potential breakdown confirmation.
🛑 Disclaimer: This is only a trade idea for educational purposes. Please consult your financial advisor before making any buy or sell decisions.