SBICARD | Monthly Timeframe Analysis🔥 Technical Breakout with a Strong Rejection Wick!
🔸 Parallel Channel Breakout
Price has convincingly broken out of a long-standing parallel descending channel (orange) — a bullish signal indicating a potential trend reversal.
🔸 Counter Trendline Broken
The white counter-trendline was broken earlier, leading to bullish momentum building up gradually. This breakout aligns with classic reversal theory.
🔸 Supply-Demand Flip Zone (Grey Box)
The price action respected the SUPPLY → DEMAND zone beautifully before launching upward, confirming it as a key area of interest.
🔸 Long Wick Rejection Candle
Notice the most recent monthly candle: a long lower wick with a strong body, closing near the highs.
🟠 Parallel Channel
⚪ Counter Trendline
⚫ Grey Supply-Demand Zone
🟥 Top Supply Zone
🟢 Bullish Rejection Candle
Mtfanalysis
Hbl Engineering | Multi-Timeframe Breakout & Hidden Hurdles📈 Stock: HBL ENGINEERING LTD (NSE)
💰 CMP: ₹520.10 (+10.07%) - While making this Post
Key Highlights:
✅ Breakaway Gap: Opened above Critical Trendline (CT) resistance, confirming strength.
✅ Hidden Hurdle Cleared: The smaller trendline helped identify fakeouts vs. real breakouts.
✅ Strong Volume: High buying interest signals institutional participation.
✅ Next Resistance: ₹624.30 (MTF Hurdle) – a key level to watch.
🚀 Now watch for follow-through! Thoughts? Drop them below! 👇
Mother Candle & Counter Trendline Breakout | NAVA LTD📊 Technical Breakout Overview:
🔹 Mother Candle Breakout on the Weekly Timeframe – Strong bullish momentum!
🔹 Red Line (Weekly Counter Trendline) – Clean breakout, confirming trend reversal.
🔹 Yellow Dotted Line (MTF Resistance Counter Line) – Broken decisively.
🔹 Blue Line (MTF Major Resistance) – Next big target zone at ₹574.70.
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2 Amazing swing trading ideas for 24 December MarketsI daily make educational content videos for swing / positional trading
The first stock which is Raymond, is making a symmetrical triangle pattern, It is a volume-based price action and pattern trade idea, its also making a parallel channel which is important to watch before the big breakout candle comes ( if at all )
The second stock, Star Cement, is making a random pattern but more of a solid volumes and price movement type trade. It needs the breakout of my hidden line resistance to be on a weekly time frame.
Follow the Risk management rules and good luck trading.
Zee Media Corporation - Triangle Breakout on Monthly Time FrameThe stock is forming a strong triangle breakout on the monthly time frame, with solid support being held at the green trendline, which has served as a foundation for the price action. A second elevated green trendline shows that buying momentum has accelerated recently, indicating stronger demand.
The red line marks a significant counter-trendline, while the white dotted line highlights a hidden resistance, which could offer short-term resistance. However, a breakout above these levels could lead to a powerful move upward.
One of the most notable features of this chart is the cluster of increasing volumes over time, indicating accumulation. These volumes suggest that market participants are stepping in with conviction, and the steady rise in volume reinforces the potential for a continued bullish trend as the stock approaches key resistance levels.