Unlocking Pure Price Action MasteryHistorical Price action points ( No bias - No Forecasting )
Spot the red supply zone at the top—respected like clockwork on this weekly chart.
That crisp white solid line? It's the monthly high range difference (zoom to the right-hand monthly view to see it clearly)—a subtle gem most miss.
The solid red boundary line proves its strength: over four touches from deep consolidation, holding firm every time.
Enter the green dotted resistance line—a hidden powerhouse between patterns, key for spotting true breakouts historically.
Finally, the dotted white parallel channel (hidden but deadly accurate): price bounces perfectly off the upper resistance and lower support, channelling the action beautifully.
This is price action in its raw form—pure, unfiltered respect for key levels.
Disclaimer: Past performance is not indicative of future results. Trade at your own risk; this is for educational purposes only.
Gnaaxles
Weekly Timeframe Price Action MasteryObserve the red supply zone where price consistently faces resistance, halting upward moves with precision. The green demand zone, formed after a decisive breakout from prior resistance, now acts as robust support for subsequent bounces. The white counter trend line serves as the pattern's key action line, guiding price movements with remarkable adherence across multiple tests.
Zone Dynamics
Supply zones in red mark areas of overhead selling pressure on weekly charts, often leading to rejections. Demand zones in green emerge post-breakout when former resistance flips, attracting buyers on retracements. These zones filter noise effectively in trending markets.
Counter Trend Line Role
This white line defines the counter-trend structure, respected through pullbacks and rallies. Price follows it as a dynamic guide, confirming pattern integrity without implying direction. Such lines enhance zone analysis by highlighting momentum shifts.
Disclaimer
This post showcases historical price action only and constitutes neither financial advice nor trading signals. Trading involves substantial risk of loss; conduct your own analysis and consult professionals.
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
Resistance Breakout in GNA
BUY TODAY SELL TOMORROW for 5%
GNA - Long Setup, Move is ON..NSE:GNA
✅ #GNA trading above Resistance of 546
✅ Next Resistance is at 656
Corporate action:
👉 1:1 Bonus Issue of Equity Shares (Ex Date - Sep 1, 2023)
👉 This corporate action adjusted in chart
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GNA - Long SetupNSE:GNA
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GNA Axles LimitedGNA:- Stock has also given breakout by forming cup and handle on daily time frame, keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GNA - MULTIPLE INDICATOR 📊 Script: GNA (GNA AXLES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY AUTO
📊 Sector: Automobile and Auto Components
📊 Industry: Auto Components & Equipment's
Key highlights:
📈 Script is trading at upper band of BB and given breakout of BB.
📈 There is Crossover in MACD.
📈 Double Moving Average is also giving crossover.
📈 Right now RSI is around 70.
⏱️ C.M.P 📑💰- 653
🟢 Target 🎯🏆 - 722
⚠️ Stoploss ☠️🚫 - 616
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!
GNA AXLES (Short Term Study)- Stock in Uptrend - ✓
- All Time Breakout & Pull Back - ✓
- Huge Volume During Breakout - ✓
- Accumulative Volumes before Breakout - ✓
- Previous swing High Breakout - ✓
- 4.6x delivery volumes during breakout - ✓
- Promoter group continuously buying shares - ✓
- Stock Outperforming Nifty & its Sector - ✓
- Spread Chart Breakout - ✓
- Increasing Relative Strength - ✓
- Positive Qtrly Performance - ✓
All logical parameters met for Short Term Trade - ✓
Rectangle Breakout - GNA AxlesRectangular Pattern Breakout seen in GNA Axles with high volume.
Buy only if the high of the breakout candle is broken.
Target a 1:1 ratio first. Then, if you want, you can keep 25% of your position for 1:1.5 target.
Buy levels: 244-246
Stop Loss: 209.85
First Target: 279
Second Target: 292


















