Identify Strong Supply Zones & Set Targets with RRR Logic📈HERO MOTOCORP LTD | 15-Min Chart Analysis
📆Date: June 3, 2025
Ticker: NSE:HEROMOTOCO
Price: ₹4,205.00
Chart Overview:
The chart shows a clear intraday rejection from a key supply zone followed by strong bearish price action. A decisive move below ₹4,220 indicates supply pressure.
Two critical supply zones are marked:
Possible Strong Supply Zone: 4225.30–4233.60 | SL above 4234
Possible Supply Zone: 4241–4247.20 | SL above 4248
Price is currently trading around ₹4,205, just below these zones, signaling a potential continuation of the short-term bearish trend.
Supply Zone Breakdown:
🟥🟥 Strong Supply Zone (4225–4233):
Multiple wick rejections seen previously.
Ideal for aggressive short entries with tight SL above 4234.
🟥 Upper Supply Zone (4241–4247):
Acts as a secondary resistance.
Conservative short traders can consider this zone with SL above 4248.
How to Trade Supply & Demand Zones:
When to Enter (Short Trade from Supply Zone):
Wait for price to retest the supply zone.
Watch for bearish confirmation candles like shooting stars, bearish engulfing, or rejections with volume.
Enter short near the top of the supply zone.
Keep a tight stop-loss just above the zone.
Stop-Loss Placement:
For Strong Supply Zone: SL above ₹4234.
For Higher Supply Zone: SL above ₹4248.
Targets: Book profits at logical RRR levels (1:2 or 1:3 for high probability setups).
Why Use Risk-Reward?
Helps you define targets objectively.
Protects capital with fixed stop-loss logic.
Avoids emotional exits; everything is pre-planned.
⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority.
📢 Disclaimer
This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management.
👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
Nseindia
AWL Agri Business By KRS Charts 19th May 2025 / 10:42AM
Why AWL?
1. AWL was in Huge Correction mode after its first high after listed.
2. Correction path is showing clear Wave counts , finished Wave 5 downside and recently it likely in ABC Wave upside.
3. AWL was range bound for quite a time and recently shown upside overthrow (Fake Entry Buyside) from strong range and now likely same overthrow for downside also.
4. Price Action does this when some big move about to come it shakeout both Buyers & Sellers before going for final move.
5. Bullish traits like Inv. H&S and Wave counts , and Bullish Range bound is giving enough conviction to bet on this.
SL & Targets are pinned in Chart.
AWL has low P/E Ratio compared to its Industry.
Wave Count shown in Chart is rough prediction can be varied👍
Long Term Target SL will be 250 Rs.
SMS PHARMA - Cup & Handle Breakout with Volume Confirmation📊 SMS PHARMA – Cup & Handle Breakout with Volume Confirmation
🕰️ Timeframe: 1D | 📐 Pattern: Cup & Handle Formation
🔍 Technical Setup:
SMS Pharma has formed a classic Cup & Handle pattern, which is a bullish continuation pattern. The breakout has occurred above the neckline resistance with a clean breakout candle, confirming bullish momentum.
The falling trendline resistance has also been decisively broken, adding further confidence to the breakout strength.
🔑 Key Levels to Watch:
🔵 Resistance (Upside Targets):
₹258.05
₹271.70
🔴 Support Zones:
₹230.57 (neckline support)
₹211.77 (handle base)
₹181.95 (major horizontal support zone)
📊 Volume & Indicators:
🔺 Volume Surge at breakout confirms strength and participation — a good sign for trend continuation.
📈 RSI: 64.58 — close to overbought zone, but still indicating strength. Minor consolidation near ₹240 would be healthy before further up move.
🧠 Bias: Bullish
📉 Any pullback to ₹230–₹235 can offer a good entry opportunity with risk managed below ₹211.
⚠️ Disclaimer: This is an educational analysis and not investment advice. Do your own research before making any trading decisions.
📈 Follow @PriceAction_Pulse for more breakout setups and swing trading ideas!
💬 Drop your thoughts in the comments — will this Cup & Handle breakout hit the ₹270 zone?
DIVISLAB - Cup Pattern Breakout with Bullish Flag Consolidation📊 DIVISLAB – Cup Pattern Breakout with Bullish Flag Consolidation
🕰️ Timeframe: 1W | 🔍 Pattern: Cup Formation + Bullish Flag | 🚀 Long-Term Breakout Potential
📈 Technical Breakdown:
DIVISLAB has formed a massive Cup pattern on the weekly timeframe and is currently consolidating inside a Bullish Flag after hitting the neckline breakout. This is a classic continuation setup following a long accumulation.
Post breakout, the price tested the upper region and is now preparing for a potential next leg toward Fibonacci extension levels.
🔑 Key Support & Resistance Levels:
🔵 Resistance / Upside Targets:
₹6,485.00 (Cup breakout top)
₹8,829.30 (Fib extension 161.8%) 🟦
🔴 Support Zones:
₹5,290.20 – Local horizontal support
₹5,035.95 – Fib 61.8% retracement (strong support)
₹4,588.30 – Fib 50%
₹4,140.70 – Fib 38.2%
₹2,691.65 – Long-term base (0% Fib)
🧭 Strategic View:
🟢 Bias: Bullish
🔁 Retest Zone: ₹5,290–₹5,035 can be re-entry zones
🎯 Target Zones: ₹6,485 followed by ₹8,829 for positional long
🛑 Invalidation: Below ₹5,000 zone
⚠️ Disclaimer: This is an educational chart setup and not trading advice. Please conduct your own research and risk management.
📣 Follow @PriceAction_Pulse for more such clean breakouts and chart pattern analysis!
🔁 Drop a comment if DIVISLAB is on your radar for the next breakout rally 📈
ONWARD TECHNOLOGIES LTD📊 ONWARD TECHNOLOGIES LTD (1D) – CMP ₹313.00
📅 Published on: May 17, 2025
📈 Exchange: NSE
📌 Ticker: ONWARDTEC
🔍 Technical Chart Analysis
✅ Trendline Breakout:
A clean downtrend line breakout is visible on the daily chart, marking the end of a prolonged bearish phase. Price has decisively broken above the falling resistance trendline with a sharp bullish candle and strong volume confirmation.
✅ Volume Surge:
Breakout occurred with a 17.76% gain and significantly higher volume (1.23M), hinting at strong buying interest and possible institutional accumulation.
✅ Fibonacci Retracement Zones (from swing high ₹731.00 to low ₹207.30):
38.2% – ₹407.40
50.0% – ₹469.20
61.8% – ₹531.00
78.6% – ₹618.95
100% – ₹731.00
✅ Support Confirmation:
The price held the multi-year support zone around ₹207.97, which aligns with the 0.00% Fibo level, forming a strong base for reversal.
🧱 Key Support & Resistance Levels
🟩 Support Zones:
₹207.97 (Major long-term support)
₹265–270 (Breakout retest zone if pullback happens)
🟥 Resistance Zones (Fibonacci-based):
₹407.40 (38.2% FIB)
₹469.20 (50.0% FIB)
₹531.00 (61.8% FIB - Golden Ratio)
₹618.95
₹731.00 (Previous ATH)
📉 Timeframe: Daily (1D)
📈 Sentiment: Turning Bullish
💡 Conclusion:
After a long correction, ONWARDTEC has shown a breakout with strong volume from a downtrend line. Holding above ₹300 levels can open room for targets near ₹407–₹469 and beyond. A good setup for swing traders looking for reversal entries.
📌 Disclaimer:
This analysis is for educational and informational purposes only. Not financial advice. Please consult your advisor before making investment decisions.
SARLAPOLY - Cup & Handle Breakout With Fibonacci Confluence📊 SARLAPOLY – Cup & Handle Breakout with Fibonacci Confluence
🕰️ Timeframe: 1D | 📐 Pattern: Cup Formation + Trendline Breakout
🔍 Technical Overview:
SARLAPOLY has completed a Cup pattern and given a strong breakout above the descending trendline resistance, accompanied by a massive volume spike.
The breakout aligns well with the 61.8% Fibonacci retracement level (~₹100.94), increasing confidence in the breakout's validity.
🔑 Key Technical Levels:
🔵 Resistance / Upside Targets:
₹117.88 (Fib 78.6%)
₹120.00
₹123.68
₹125.00
₹127.90
₹132.25 (100% Fib retracement)
🔴 Support Zones:
₹101.13 (recent breakout level / Fib 61.8%)
₹94.66 (previous resistance zone – now support)
₹91.27 (Fib 50%)
₹69.07 (23.6% Fib + structure support)
📊 Volume & Indicators:
📈 Breakout Volume Surge – Volume confirmation indicates institutional interest and breakout strength.
🧮 Fibonacci Retracement – Plotted from swing low (₹50.30) to swing high (₹132.25), gives clear confluence zones.
🔺 Trendline Breakout – Downward sloping trendline broken cleanly, confirming bullish intent.
☕ Cup Formation – Classic rounding bottom visible, suggesting accumulation phase is complete.
🧠 Bias: Bullish
📉 Watch for a retest around ₹100–₹101 zone as a potential re-entry point with SL below ₹94.66 for positional swing.
⚠️ Disclaimer: This is an educational analysis and not financial advice. Always do your own research before making investment decisions.
📈 Follow @PriceAction_Pulse for more price action setups, breakout alerts, and swing trade ideas!
💬 Comment below if you’re watching SARLAPOLY for the next leg up 📊
TILL - Descending Trendline Breakout Watch📊 TIIL – Descending Trendline Breakout Watch | Key Fib Retest in Play
🕰️ Timeframe: 1D | 🧭 Pattern: Descending Triangle | 🎯 Fibonacci Reversal Setup
📈 Technical Analysis Summary:
TIIL is currently approaching a major trendline resistance, drawn from its all-time high. After a long downtrend, the stock is now testing the 50% Fibonacci retracement level at ₹2,731.35 with rising momentum.
The price is hovering near a breakout zone and consolidating just below resistance, hinting at potential bullish continuation. A successful breakout can open gates to much higher levels, especially toward the 38.2% Fib zone and beyond.
🔍 Chart Highlights:
⚪ Descending Trendline: Key multi-month resistance line
🟢 Current Price Action: Holding above 61.8% Fib (₹2,448.40) and pushing toward 50% zone (₹2,731.35)
🔵 Base Support: ₹2,112.25 (previous structure low)
📈 Volume: Gradual build-up near resistance zone
🔴 RSI (14): Currently at 59.70 – neutral-to-bullish, showing higher lows
📍 Bullish RSI Icons: Highlighted near recent bottoms, indicating accumulation zones
📌 Support & Resistance Levels:
Type Level (₹)
🔼 Resistance 1 2,731.35 (Fib 50%)
🔼 Resistance 2 3,014.30 (Fib 38.2%)
🔻 Support 1 2,448.40 (Fib 61.8%)
🔻 Support 2 2,112.25 (Major horizontal support)
🧭 Trading Setup Overview:
✅ Bias: Bullish if price breaks and closes above trendline and ₹2,731
💡 Entry Watch: Break and hold above ₹2,731.35 with volume
🛑 Invalidation: Close below ₹2,448.40 (61.8% Fib)
🎯 Upside Targets: ₹3,014 → ₹3,500+ (based on structure)
💬 Conclusion:
TIIL is at a critical juncture with a high-probability trendline breakout setup in play. The Fibonacci confluence, improving RSI, and rising volume indicate a bullish bias. Watch for a strong breakout candle above ₹2,731 for potential positional opportunities.
⚠️ Disclaimer: This chart is shared for educational purposes. Kindly consult your financial advisor before making any trading decisions.
🔔 Follow @PriceAction_Pulse for more high-probability swing setups and technical chart breakdowns!
📌 Save & share if TIIL is on your breakout watchlist!
NIFTY 50 Index – 4H Technical Outlook🔍 Chart Overview
Index: Nifty 50 (NSE)
Timeframe: 4H
Current Price: 24,563.50
Bias: Bullish, but awaiting retracement
🧠 Market Structure Analysis
✅ 1. Trendline Breakout
Long-term descending trendline has been clearly broken, signaling a shift from bearish to bullish structure.
Strong bullish move post-breakout confirms momentum on the buy side.
🧱 2. Key Supply and Demand Zones
Zone Type Price Range Comment
Demand Zone 1 24,150 – 24,300 Strong structure zone, likely to hold on first retest
Demand Zone 2 23,500 – 23,750 Deeper retracement support, highly reactive
Demand Zone 3 22,900 – 23,100 Last stronghold; potential for swing reversal if tested
Supply Zone 25,000 – 25,300 Short-term resistance before bullish continuation
Target Zone 26,250 – 26,500 Next major upside target
🔄 Two Potential Bullish Scenarios Drawn
🅰️ Scenario 1: Shallow Pullback
Retrace to Demand Zone 1 (24,150–24,300)
Bounce and continuation toward 25,000 → 26,000+
Quick retest of structure support → higher high
🅱️ Scenario 2: Deeper Pullback
Break below Zone 1, retest Zone 2 or 3 (as deep as 23,000)
Strong demand and liquidity here could fuel a massive rally toward 26,000
This offers better risk-to-reward for long-term buyers
✅ Bullish Confluences
Signal Description
✅ Trendline Breakout Major signal for bullish reversal
✅ Higher High Formed Structure confirms bulls are in control
✅ Clean Demand Zones Zones are respected and visible
✅ Liquidity Grab Below Potential trap move below 24,000 to grab liquidity before continuation
✅ Fibonacci Confluence Likely overlap with 50–61.8% retracement (not shown, but expected)
❌ Invalidation Level
If price closes below 22,900, it may indicate a breakdown and trend reversal.
Watch for signs of bullish absorption around this level.
📊 Trade Idea: Buy on Dip
Entry Area Stop Loss Target 1 Target 2 Risk:Reward
24,150–24,300 23,950 25,200 26,250 ~1:3
23,500–23,700 23,200 25,200 26,250+ ~1:4
Disclaimer:
The information provided in this post/video/chart is for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy or sell any security, financial product, or instrument.
I am not a SEBI-registered investment advisor. All trading and investing decisions are at your own risk. Past performance does not guarantee future results. Always consult with a qualified financial advisor before making any financial decisions.
NIIT LTD - Bullish Reversal Setup📊 NIIT LTD – Bullish Reversal Setup
🕰️ Timeframe: 1D | 🧩 Pattern: Double Bottom
🔍 Technical Chart Overview:
NIIT is showing a strong Double Bottom reversal pattern on the daily chart — a classic signal of potential trend reversal from bearish to bullish.
After bouncing from the major support zone near ₹105, the price has broken out above the neckline (around ₹133.5) on strong volume, indicating bullish conviction.
🔑 Key Technical Levels:
🔵 Resistance Levels:
₹159.70
₹171.50
🔴 Support Levels:
₹133.50 (neckline retest zone)
₹127.90 (minor support)
₹105.00 (base support)
📈 Breakout Confirmation:
Price has broken above the neckline with a high volume spike, confirming the double bottom breakout.
Next targets lie in the ₹159–₹171 range, aligning with previous supply zones.
📊 Volume & Price Action Notes:
Recent bullish candles with above-average volume
Potential retest of neckline could offer a favorable risk-reward entry
🧠 Bias: Bullish (as long as price holds above ₹133.5)
📌 Chart Indicators Used:
📉 Volume Spike confirmation
🔃 Double Bottom Pattern
🔍 Key S/R Levels marked
📍 Entry/Target Path projection with arrow
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Please DYOR before making trading decisions.
📈 Follow for more actionable chart patterns | PriceAction_Pulse
💬 Drop a comment if you're tracking NIIT!
SAPPHIRE FOODS - Bullish Breakout From Falling Wedge📊 SAPPHIRE FOODS – Bullish Breakout from Falling Wedge
🕰️ Timeframe: 1D | 📉 Pattern: Falling Wedge Breakout
🔍 Technical Breakdown:
SAPPHIRE has broken out of a well-defined falling wedge pattern — a bullish reversal signal — backed by a sharp move on increased volume.
This wedge has been forming since early February, and the recent breakout above the upper trendline suggests renewed momentum and buying interest.
🔑 Key Technical Levels:
🔵 Resistance Zones (Upside Targets):
₹354.45
₹372.20
₹381.60
🔴 Support Zone:
₹311.15 (previous resistance turned support post-breakout)
⚪ Wedge Support Line: Well-held and now acting as a base for this breakout rally
📊 Volume & Indicator Insights:
🔺 Breakout is supported by a volume surge (300K), indicating institutional or smart money participation.
🔄 RSI at 66.81, nearing overbought territory but still in healthy uptrend range — confirming strength.
📉 RSI signals:
Bullish crossover (around ₹300) confirmed breakout
Prior “Bear” signal in Feb has now reversed to “Bull” (label shown)
🧠 Bias: Strongly Bullish
📍 Retest of ₹311–₹320 zone could offer re-entry opportunity with favorable risk-reward.
⚠️ Disclaimer: This chart is for educational purposes only. Please conduct your own due diligence or consult a professional before investing.
📈 Follow for more breakout pattern setups | PriceAction_Pulse
💬 Share your views on this wedge breakout in the comments!
VRL LOGISTICS By KRS Charts19th March 2025 / 11:13 AM
Why VRLLOG?
1. Fundamentally, Good Stock Net profit is the proof further stock is at 45% Discount then its High and Net income is High compared to its price.
2. Technically, Stock has Completed its Correction Wave C with significant Shakeout before going for Breakout as we can see in above chart.
3. On Monthly and Weekly TFs VRLLOG is on its All-Time biggest Support.
4. Reversal is more convicted because 1st Shakeout was Huge for Buyers and 2nd There is potential for Inverted H&S is about to Formed with more upsides from here.
Targets are pinned in Charts with Stop Loss 1D closing Basis.
Godfrey Phillips India Limited - 1D - Breakout
Pattern: A cup and handle formation is visible, suggesting a potential breakout.
• Trendlines: Two white downward trendlines indicate previous resistance levels, with the price recently breaking above them.
• Breakout: The latest price action shows a breakout above resistance around ₹7,107, which could indicate a bullish move.
• Volume: The volume bars at the bottom show increasing volume, confirming the breakout.
Indicators:
• RSI (Relative Strength Index) Indicator (Bottom Panel):
• The red line (72.00) represents the RSI value.
• The yellow-green line (60.61) likely represents a moving average or signal line.
• The RSI above 70 suggests the stock is gaining relative strength and could be in an overbought zone.
Resistance Levels:
1. ₹7,100 - ₹7,150 (Breakout Zone) → The stock has recently broken above this resistance. A successful retest and hold above this level could confirm further upside.
2. ₹7,600 - ₹7,700 → Next key resistance from previous highs (potential target if the breakout sustains).
3. ₹8,000+ (All-Time High Zone) → If momentum continues, this could be a longer-term target.
Support Levels:
1. ₹6,800 - ₹6,850 (Breakout Retest Level) → If the price pulls back, this level should act as strong support.
2. ₹6,400 - ₹6,500 (Psychological & Trendline Support) → Below this is the next strong support from past price action and trendline.
3. ₹6,000 (Major Support Zone) → A breakdown below this could invalidate the bullish trend.
QUESS CORP LTD- Weekly Chart Analysis📊 QUESS CORP LTD – Weekly Chart Analysis
🕰️ Timeframe: 1W | 📈 Pattern: Cup & Handle Formation
🔍 Chart Overview:
QUESS is exhibiting a classic multi-year Cup & Handle pattern, forming over 3 years — a powerful technical setup indicating potential bullish continuation.
Currently, price is approaching a crucial descending trendline resistance that has been respected multiple times. A breakout above this level with volume confirmation could signal a major upside.
🔑 Key Technical Highlights:
📉 Trendline Resistance: Near ₹420
🟢 Immediate Resistance Zone: ₹390–₹420
🛑 Support Zone: ₹325–₹300
🔁 Breakout Watch: Close above ₹420 (weekly) with volume = bullish confirmation
📊 Volume & Momentum:
Increasing volume on recent up moves
RSI trending upward (if included, add RSI screenshot or note over 60+)
🧠 Bias: Bullish (on breakout confirmation)
🔔 What to Watch:
🔓 Breakout above ₹420 = trigger for swing/mid-term entries
📉 Breakdown below ₹325 may invalidate pattern
⚠️ Disclaimer: This is not financial advice. Chart shared for educational purposes only. Do your own research before investing.
📌 Follow for more chart setups | PriceAction_Pulse
💬 Drop your views or questions in comments!
Brigade Ent falling wedge Breakout.Brigade Enterprises has made a falling wedge or ending Diagonal pattern, its near breakout. As per Elliott wave the Correction looks Complete, good for short-term Buy,
This Idea is shared purely on Technical basis,
Fundamental parameters are not considered,
take entry on your own risk.
RACL Geartech Ltd - Trendline Breakout with Volume ConfirmationRACL Geartech Ltd – Trendline Breakout with Volume Confirmation! 🚀🔥
📅 Date: April 12, 2025
📊 Chart Overview:
RACL Geartech has shown a strong bullish breakout above a long-standing descending trendline resistance, backed by a massive volume surge—a classic breakout confirmation signal.
📌 Key Levels:
📈 Breakout Level (Previous Resistance): ₹760
✅ New Support: ₹760
🔼 Resistance Zones Ahead: ₹860 ➡️ ₹900 ➡️ ₹950
⚠️ Stop-loss for Swing Position: ₹740 (below breakout + trendline)
📈 Technical Indicators:
📊 Volume Spike: Today’s volume (87.5K) is significantly higher than the recent average, indicating strong buying interest.
📉 RSI (Relative Strength Index): At 63.43, showing positive momentum with potential room before entering overbought territory.
📉 MACD-like indicator (yellow line vs red line crossover): Clear upward crossover—bullish shift in momentum.
📏 Trendline drawn from December 2024 highs to recent lower highs—now convincingly broken.
🧠 Trade Strategy:
🎯 Consider buying on dips near ₹770–₹785 if retest occurs.
🛡 SL: ₹740
🎯 Targets: ₹860 ➡️ ₹900 ➡️ ₹950
📌 Disclaimer: This chart is for educational and analytical purposes. Always conduct your own analysis or consult a registered financial advisor before taking any trading/investment decision.
PCBL CHEMICAL LTD (NSE: PCBL) is breaking out to the upsideCurrently, the stock is completing a falling wedge pattern, which is a bullish pattern.
All important levels have been marked on the chart.
Looking at the chart, we can say that if the price sustains above ₹414, there is a high probability that the stock will reach the ₹576 target.
For the past few days, volume has increased, confirming the breakout. If we enter the stock at ₹414, we can achieve the target with
Risk: Reward :: 1 : 6.3
Reasons:
✅ Breakout from falling wedge – a strong bullish signal
✅ Price crossed above the 50-day EMA, confirming trend reversal
✅ RSI is above 63, indicating bullish momentum
✅ Stock is above the 200-day EMA, signaling long-term strength
✅ Volume surge confirms buyer interest
Verdict: Bullish
Plan of Action:
Enter once the breakout is confirmed above ₹414
BUY: ₹414
Stoploss: ₹386
Target: ₹576
Trailing SL: ₹390
SRF - Beginning of a new trend?After a parabolic move from 2019-2021, price has been in a well-defined consolidation. Price chart formed a 4 year-long rectangle with the horizontal boundary acting as strong resistance at 2700 levels. The horizontal upper and lower boundaries were tested multiple times over the course of the pattern. This week's close above 2700 levels after a pullback to the upper boundary confirmed the breakout from the 4 year-long rectangle and can be expected to offer directional movement.
MotiSons Jewellers - A Bubble BurstMotiSons Jewellers has a bad jockey i.e. the promoters have a history of bad reputation & finally the bubble has burst now a days pump & dump & stock split is common modus of operandi to trap innocent investors.
Wave analysis & Volume profile suggest operator has dumped all stock in range of 27-31 now retailers will keep averaging till 12-9 range.
NIFTY Trading Strategy for 31th January 2025NIFTY Trading Strategy:
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 23350
Targets:
First Target: 23399
Second Target: 23441
Third Target: 23483
Sell Strategy:
Entry Point: Sell below the low of the 15-minute candle that closes below 23190
Targets:
First Target: 23145
Second Target: 23100
Third Target: 23045
Disclaimer: I am not SEBI registered. Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
SRF Chart Signals Big Breakout OpportunityThe chart shows a weekly timeframe analysis of SRF Ltd (NSE) with a focus on a potential breakout. Here’s a breakdown of the analysis:
Pattern Identification
1. Symmetrical Triangle Pattern:
• The chart highlights a symmetrical triangle, where the price has been consolidating within converging trendlines.
• This pattern generally indicates a continuation or reversal, depending on the breakout direction.
2. Fair Value Gap (FVG):
• There is a Fair Value Gap (FVG) marked, which represents an imbalance in price action. It could act as a liquidity zone for price retracement.
3. Order Block (OB):
• An order block is highlighted, which is a strong demand zone. This suggests that buyers could step in, pushing prices higher.
Future Outlook
1. Bullish Breakout Expected:
• The arrows and target zones indicate that a bullish breakout from the triangle is anticipated.
• The projected upside move is around 665 points (25%-30%), aiming for targets near ₹3,300-₹3,400.
2. Potential Retest:
• A retest of the breakout level or a pullback into the order block (around ₹2,400-₹2,500) could occur before continuing upward momentum.
3. Secondary Triangle:
• Another smaller triangle formation is shown for the medium-term outlook, suggesting a consolidation phase before further movement.
Key Levels
• Support Zones: ₹2,357 (stop-loss region) and ₹2,486 (demand zone).
• Immediate Resistance: ₹2,606 (current breakout level).
• Target Zones: ₹2,791 and ₹3,300+ in the medium to long term.
This chart suggests a positive outlook for SRF Ltd, with a focus on confirming a breakout and maintaining the marked support levels.
DISCLAIMER- PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING . THIS IS FOR EDUCATIONAL PURPOSES ONLY
Navinfluorine Looks Good!NSE:NAVINFLUOR
The price appears to have found a bottom, signaling a potential reversal as it breaks upward following a phase of consolidation or indecision.
The Diamond Bottom pattern typically forms during a downtrend, where prices initially create higher highs and lower lows, forming a broadening structure.
Over time, the trading range narrows as the highs peak and the lows begin trending upward. A decisive upward breakout from the diamond's boundary confirms the reversal, marking the transition to a new uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Nifty 50 Analysis: Key Levels and Trends for January 2025The Nifty 50 Index has experienced notable downward momentum recently, currently trading at 23,581, marking a 1.77% decline. Here’s a breakdown of the technical outlook:
Channel Trends
Descending Channel: The index is trading within a downward sloping channel (blue). It has respected both the upper and lower trendlines, suggesting the bearish trend remains intact for now.
Broader Structure: The yellow trendlines highlight the long-term rising channel. Nifty remains well above the lower support of this broader channel, indicating a potential cushion if the selloff deepens.
Key Fibonacci Levels
The Fibonacci retracement and extensions indicate critical zones:
1.618 Level: 23,112, acting as immediate support.
3.618 Extension: 22,444, a deeper bearish target in case of further selloff.
Support and Resistance
Immediate Resistance:
24,791 (upper channel boundary).
Critical Supports:
23,112 (1.618 extension).
22,444 (long-term support).
Volume Analysis
Significant volume spikes are observed during major selloffs, suggesting heightened institutional activity. A continuation of higher volume at lower prices may signal capitulation or accumulation.
Outlook
Bearish Continuation: As long as Nifty trades within the descending channel, expect further downside with supports at 23,112 and 22,444.
Bullish Recovery: A breakout above 24,791 may signal a reversal, leading to potential upside targets near 26,000.






















