Get started

Marketstructurepattern

ETERNAL: Early Signs of "U" shaped turnaround‽Technicals: ETERNAL has completed a full markdown phase after distribution near the 345/355 supply zone. the sharp selloff was followed by prolonged sideways move near the lows which clearly signals selling exhaustion rather than continuation. price has been respecting the higher timeframe demand zone around 277/283, and every dip into this area is being absorbed quickly. From SMC perspective, this zone shows accumulation by stronger hands, not retail panic the narrow range candles and repeated rejections from below confirm that liquidity below 277 has already been swept the market is now compressing, preparing for a directional move. The 285/288 zone is the short-term decision level. acceptance above this area indicates a shift from accumulation to early expansion the curved forecast path you’ve drawn makes sense because this is not a momentum breakout scenario but a gradual re-pricing phase after a deep correction. As long as price holds above 277 and continues to build above 288, the bias remains bullish. Any move below 275 would break the demand structure and invalidate the bullish setup. Fundamentals: the stock has gone through expectation reset, not business breakdown. the correction reflects margin pressure and cautious earnings outlook which the market has already priced in during the decline. The key missing driver earlier was earnings visibility and that still remains the deciding factor. the market is currently in wait and watch mode ahead of results this explains why price is basing instead of rallying aggressively. If upcoming results show margin stability, controlled costs, or neutral-to-positive guidance, institutional participation can increase. That would align perfectly with the accumulation seen on charts and fuel the next expansion leg without confirmation, price may still move higher but in a controlled and selective manner. In short, fundamentals support stability first and trend continuation only after confirmation. Levels to Watch Higher timeframe demand zone: 277–283 Bullish bias holds above: 288 First upside objective: 303 Major structure level: 323 Supply zone: 343 Extended liquidity target: 377 Invalidation level: Below 275 Technically, sellers are done. Structurally, accumulation is in place. Fundamentally, the business is stabilizing, not failing. Above 288, the chart supports your bullish roadmap step by step toward higher liquidity zones. This is a structured recovery setup, not a hype-driven rally. Like, comment your thoughts, share this post Explore more stock ideas on the right hand side! Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
NSE:ETERNAL
by iVishalPal
Bullish market structure - Illustrations + ChartsRecap Market structure is simple and a basic form of understanding, how the markets move. The Price Action is how the market moves based just on price, without the consideration of trends and how they may continue. But the market structure is focused mainly on the trend. The market structure is formed using swing highs and swing lows. You may have already heard about the formation of higher highs and higher lows in a bullish trend or the formation of lower highs and lower lows in a bearish trend. This is what is called as market structure. What is a Bullish market structure? Like I said above, a bullish market structure is a structure that constitutes of formation of a series of higher highs and higher lows. In simple words, when the price is making new highs and higher lows, it is said to be forming a bullish market structure. Exhibit: Bullish market structure What is the use of identifying a Bullish market structure? Identifying any market structure plays a crucial role in entry and exit. In the case of a bullish market structure, the previous highs are often seen as support zones where an entry can be made with an expectation of higher price movement. When the price returns to or near the previous high, it is often seen as a buying opportunity, commonly known as buying the dip”. Exhibit: Pullback in a bullish market structure Similarly, as soon as the price breaks the previous low and creates a new low, the trader must become cautious because a trend change may be underway or it may just consolidate before resuming the original trend or it may very well be a bear trap. If a trend change is confirmed, the trader may exit longs and look for the trades on the short sides. So, after the formation of a new low, there are only 3 scenarios that can arise. 1. Trend reversal 2. Consolidation and continuation 3. Bear trap Exhibit 1: Creation of a new low Exhibit 2: Trend reversal Exhibit 3: Consolidation and Continuation Exhibit 4: Bear Trap These are the only structure that can form in a bullish trend and they will occur time and again. Hence, all these concepts are valid on all time frames. This is all you need to know about a bullish market structure. Now, open any random chart and back test the concepts. The more you practice, the better you will become. Whatever strategy you use, understanding the structure will always make you more confident in your trades. I spend a lot of time creating these educational posts, illustrations, charts, and PDFs. Please be appreciative of that and leave a like and comment if you found these helpful. It will help me to know that people are reading these posts. Also, if anyone is interested in getting a PDF version of this thread, then you can check the links under this post. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick)
NSE:NIFTYEducation
by johntradingwick
70