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Reliance ending diogonal in wave 5Reliance Industries Limited – Ending Diagonal in Wave (5) | Structure from April 2025 The advance in Reliance from the April 2025 low has unfolded as a clear impulsive structure. With Wave (1) through Wave (4) in place, the ongoing rise appears to be Wave (5) of the larger sequence. The internal structure of the current leg shows overlapping price action within a rising wedge, indicating a fifth-wave ending diagonal: Overlapping sub-waves Loss of upside momentum near highs Price respecting diagonal trendline boundaries These characteristics typically appear at the terminal stage of a trend. If this interpretation is correct, Wave (5) is either complete or in its final phase. A decisive breakdown below the lower diagonal boundary would confirm the end of Wave (5) and signal the start of a corrective ABC phase. Key takeaways: Ending diagonals imply trend exhaustion, not strength Risk increases for fresh longs at this stage Post-diagonal corrections are usually swift and deep
NSE:RELIANCEShort
by bijoy2526
NATIONALUM: 17-Year Breakout-Retest-Breakout🚨 CONFIRMED BREAKOUT: National Aluminium completes textbook Breakout-Retest-Breakout on 17-year monthly chart This is one of the strongest technical patterns - a multi-year base breakout that retested and held, now breaking out again. But before you rush in with market orders, understand the hidden cost that could destroy your edge. 📊 The Technical Setup: National Aluminium (NATIONALUM) monthly chart pattern: 1️⃣ Initial breakout from 17-year consolidation 2️⃣ Retest of breakout level (held perfectly) 3️⃣ Confirmed breakout with strength This Breakout-Retest-Breakout pattern typically attracts: • Large institutional accumulation • Retail FOMO entries after confirmation • Significant position sizing (high conviction setup) ⚠️ The Hidden Risk: Impact Cost On a mid-cap PSU stock like NATIONALUM (₹348), market orders during confirmed breakouts face SEVERE slippage: • Moderate liquidity vs Nifty 50 stocks • Sudden surge in buying after retest confirmation • Order book getting "walked up" during high volume Real Example During This Breakout: You see the confirmed pattern and want 500 shares immediately (market order). What actually happens: • 150 shares @ ₹348 • 200 shares @ ₹350 • 150 shares @ ₹353 You just paid ₹1,250 EXTRA (0.72% slippage) before the stock even moves. If your target is 5% on this breakout = ₹17.40/share = ₹8,700 total profit But you lost ₹1,250 (14% of expected profit) just to poor execution! 💡 The Solution: Market Protection Modern brokers (Zerodha, etc.) have "Market Protection" features: • Auto-convert market orders → limit orders • Execute only within 0.5-2% price band • Protect from extreme slippage while maintaining speed On confirmed multi-year breakouts like this Breakout-Retest-Breakout pattern, execution discipline is CRITICAL. 🎯 Systematic Trading Principle: "The best technical setup in the world - even a confirmed Breakout-Retest-Breakout - is worthless if you lose your edge to execution costs." This is educational content about execution risk management during high-probability technical setups. Not a buy/sell recommendation. #NATIONALUM #NationalAluminium #Breakout #RetestBreakout #RiskManagement #TradingEducation #ImpactCost #PSUStocks #MonthlyChart #PriceAction
NSE:NATIONALUMLong
by MarketFirstPrinciples
1
btc analysis🔍 Market Structure Overall higher-timeframe trend is bullish (clear impulsive move up). Price was moving inside an ascending channel (green trendlines). Recently, price broke down from the channel → first sign of weakness. 📉 What Just Happened Strong rejection from the upper supply zone (~94,300–94,600). Price failed to hold the mid supply / flip zone (~93,400–93,600). A sharp impulsive bearish candle confirms distribution → markdown. Current move looks like liquidity sweep + stop hunt of late longs. 🟥 Key Resistance Zones (Sell Areas) 94,300 – 94,600 Major supply Strong rejection earlier Ideal short area if revisited 93,400 – 93,600 Previous support → now resistance Likely pullback target before continuation down 🟩 Key Support Zones (Buy / Reaction Areas) 91,200 – 91,400 (Green zone) Strong demand zone Previous consolidation base High probability bounce or relief rally Below 91,000 If this breaks → trend changes to bearish on 1H Expect faster downside expansion 📌 Expected Scenarios 🔵 Scenario 1 (High Probability) Price pulls back to 93,300–93,600 Gets rejected Continues down to 91,200 demand ✔ Matches your dotted projection 🔴 Scenario 2 (Bearish Continuation) No pullback Direct drop into 91,200 Weak bounce → breakdown Opens path to 90,000–89,600 🟢 Scenario 3 (Bull Recovery – Lower Probability) Strong reclaim above 93,600 Hold inside channel again Retest 94,400 supply ⚠ Needs strong volume & acceptance 🧠 Trade Mindset (Important) Do NOT long in the middle (92,200–93,200 = chop zone) Best trades: Short at resistance Long only at demand with confirmation Trend is transitioning from bullish → corrective 🔑 Summary Structure: Bullish → Distribution → Pullback Bias: Short-term bearish / corrective Key level to watch: 91,200 Reaction there will decide trend continuation or reversal
Long
by viju0618
RELIANCE Indepth Analysis & swing Levels for 07th JAN 2026💥 RELIANCE Level Analysis: Intraswing for 07th JAN 2026 📈 PRICE LEVELS (📍 SUP. RES. Reversal / TF point mentioned on chart. 🔍 Reliance Industries (RELIANCE) Intraday Analysis Report - January 7, 2026 on wards. Reliance Industries closed at ₹1,507.60 on the NSE, down 4.47% from the previous close of ₹1,578.10. The stock opened at ₹1,569.00, hit a high of ₹1,569.00, and a low of ₹1,496.30, with trading volume of 27.41 million shares (significantly above average). The sharp decline was triggered by the company's denial of receiving Russian oil recently, raising concerns over refining margins amid higher input costs. 📊 Current Technical Setup Bearish structure with a close below pivot point (₹1,588.40) and multiple moving averages (5-day: ₹1,564.80, 10-day: ₹1,559.75, 20-day: ₹1,554.66, 50-day: ₹1,533.96). Beta ~0.31 indicates low relative volatility, but the 4.7% range shows heightened activity. 🐢 Pattern Analysis Intraday: Bearish breakdown from recent consolidation near ₹1,600 (failed attempt at all-time high of ₹1,611.80). Longer-term: Potential cup-and-handle retest invalidated by drop below handle base; forming lower highs, with risk of evening star confirmation on daily charts. 🎯 Fundamental Catalyst & Backdrop 🏃🏽 Key catalyst: Denial of Russian oil receipts at Jamnagar refinery, potentially compressing gross refining margins (GRMs) as the company shifts to costlier non-Russian crude. Broader backdrop: Solid TTM revenue of ₹10T and net income of ₹831B; segments like retail and digital services (Jio) drive growth, with new energy ramp-up expected. Earnings forecast: Q3 FY26 PAT growth modest at ~10% YoY, but tariff hikes and retail expansion targeted for H1 CY26. Risks include high capex and competition. 🎉 Technical Observations RSI (inferred from momentum): ~42 (neutral, approaching oversold with no bullish divergence). MACD: Bearish signal amid downside crossover. Supports at ₹1,496 (intraday low) and ₹1,480 (next pivot S3); resistances at ₹1,530 (50-day MA) and ₹1,565 (pivot S1). Delivery volume ~53% suggests mixed institutional activity, with spike indicating selling pressure. 🚀 Key Observations Stock hit 2-month low, eroding over ₹1 lakh crore in market cap intraday; biggest drop since June 2024. Analysts remain bullish (36 firms: 69% Buy, avg target ₹1,710), citing 2026 as a re-rating year with earnings upgrades. Institutional holdings high; sector mixed with energy under pressure but retail/digital resilient. Trades at 24.56x TTM EPS (fair vs. peers), YTD return ~4%. 🥇 Trading Strategy Notes Short Bias: Sell rallies towards ₹1,530 with stop-loss at ₹1,565; targets ₹1,480-1,450. Monitor for oversold bounce. Hedging: Buy protective puts (e.g., 1,500 strike) amid volatility; options PCR bearish favors call writing. 🎯 Risk Management: Limit exposure to 1% of capital; watch Russian oil updates and Q3 earnings. Potential buy-the-dip above ₹1,500 with volume support, but avoid until momentum shifts. 🏹 Upside Probability: 30% Limited potential for immediate rebound amid negative sentiment from oil sourcing issues. Short-covering could occur if it holds above ₹1,500, but resistance looms overhead. 🔥 Downside Probability: 45% Elevated risk following the breakdown and high-volume selling. Further weakness could test ₹1,480-1,450 if global oil dynamics worsen. 🕸️Volatile Market Probability: 25% 🌈 High chance of swings due to elevated volumes and news-driven moves; implied volatility may rise with earnings proximity, though India VIX at ~10 suggests contained extremes. 💥Level Interpretation / description: L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above. L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias. L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt HZB (Buy side) & HZS (Sell side) => Hurdle Zone, *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature) Rest Plotted and Mentioned on Chart Color code Used: Green =. Positive bias. Red =. Negative bias. RED in Between Green means Trend Finder / Momentum Change / CYCLE Change and Vice Versa. Notice One thing: HOW LEVELS are Working. Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry. ⚠️ DISCLAIMER: The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research. "As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's". ❇️ Follow notification about periodical View 💥 Do Comment for Stock WEEKLY Level Analysis.🚀 📝 WHAT CHARTS DO YOU WANT ME TO ANALYZE? Share your desired stock names in the comments below! V I will try to analyze the chart patterns and share my technical view (so far my knowledge) If helpful looking forward to hearing from all of you, also let's keep this discussion going and help each other make better trading decisions.
NSE:RELIANCE
by DSKF16
Gold Analysis & Trading Strategy | January 6–7✅ 4-Hour Chart (H4) Trend Analysis 1️⃣ Overall Structure: Rebound Completed – Entering Institutional Distribution Zone Price has completed a full recovery rebound from the 4274 low and has now entered the 4460–4490 institutional distribution zone. The current structure is defined as: ➡ End of rebound + Upper boundary of the medium-term downtrend channel + High-level distribution zone 2️⃣ Moving Averages: Bullish Repair Completed, But Entering Major Resistance MA5 / MA10 / MA20 have formed a complete short-term bullish alignment. However, MA50 (around 4440–4460) is forming a structural overhead resistance band. ➡ This is a zone where price can rise, but continuation becomes difficult. 3️⃣ Bollinger Bands: Riding the Upper Band – Momentum Exhaustion Phase Price is trading near the upper Bollinger Band. The upper band has started to flatten. ➡ The market has entered a momentum exhaustion zone with increasing pullback risk. ✅ 1-Hour Chart (H1) Trend Analysis 1️⃣ Structure: Rising Channel → Distribution Wedge A clear rising channel combined with a rising wedge has formed. Price continues to push higher but fails to expand trend space. ➡ This is a standard institutional distribution wedge structure. 2️⃣ MA Structure: Bullish but Losing Acceleration MA5 / MA10 remain in bullish alignment. However, their slope is clearly slowing. Price is showing signs of stalling along moving averages with increasing upper-wick volume. 3️⃣ Bollinger Bands: Upper Band Rejection Multiple touches of the upper band have failed to extend. ➡ The short-term structure is entering a false-breakout distribution zone. 🔴 Resistance Levels 4488 – 4495 4515 – 4530 🟢 Support Levels 4450 4430 4410 4405 – 4400 (major) 📌 Gold Trading Strategy Reference 🔰 Strategy 1 — Short from High Levels (Main Strategy) 📍 Sell Zone 1: 4488 – 4495 📍 Sell Zone 2: 4505 – 4515 🎯 Targets: TP1: 4450 TP2: 4430 TP3: 4410 TP4: 4405 – 4400 Reasons: • H4 upper Bollinger Band + MA50 structural resistance • Completion of H1 distribution wedge • Upper-band momentum exhaustion confirmed • High-level distribution trap structure in place 🔰 Strategy 2 — Buy on Deep Pullbacks (Secondary / Counter-Trend) Only when price pulls back into the major support zone and shows clear stabilization: 📍 Buy Zone: 4405 – 4385 🎯 Targets: 4430 / 4450 ✅ Trend Summary • The market is currently in an end-of-rebound distribution phase • 4488–4520 is the institutional high-level distribution zone • Upside space is limited while downside pullback probability continues to increase • Main rhythm: Sell rallies and follow the corrective pullback structure 🔥 Trading strategies are time-sensitive. Please adjust positions based on real-time market behavior.
OANDA:XAUUSD
by Gold_StrategyMaster
SRF LTD: Price Compression at Key Resistance|Clean Breakout Play📌 Structure: Daily Timeframe SRF has been consolidating inside a clean descending channel, printing lower highs while demand holds near the channel base. Price is now pressing against well-tested channel resistance — a clear decision zone. 🔴 Key Reads Descending resistance respected multiple times Tight price compression near supply → volatility contraction Buying interest visible near demand Muted volume during consolidation → pre-expansion behaviour This is structure-led, not momentum-driven. 🟢 Breakout Rules (Strict) Trade triggers only if: Strong green Marubozu / near-Marubozu Daily close above descending resistance Clear volume expansion No close above resistance = no trade. 🎯 Trade Plan Entry: Breakout close SL: Low of breakout candle Target 1: ₹3300, then trail Management: Trail via higher lows / structure Defined risk. Reward from range expansion, not prediction. 🧠 Why It Works - Long consolidation builds energy - Repeated rejections weaken supply - Channel breakouts often expand fast Clean price + volume = institutional participation ⚠️ Invalidation Weak breakout Low volume Rejection wick with close back inside channel → No trade 📊 Final Word SRF is coiled, not weak. Patience first. Execution only on confirmation. ➡️ Let price prove strength. 👍 Appreciate if this helps. ⚠️ Disclaimer This is a technical study for educational purposes only, based purely on price action and volume. Not financial advice. Please manage risk as per your own trading plan. 🔔 Follow If you like clean, no-indicator, price–volume based setups,👉 Follow for more structure-led trade ideas and chart studies. 💬 Your Turn Have a stock you want analysed using pure price action & volume? Drop the name in the comments — I’ll pick a few and share clean charts.
NSE:SRFLong
by Alert_Trader
2
BTCUSD Price Structure & Key LevelsBTCUSD is showing a clear recovery after an earlier corrective decline. Price found strong buying interest around the 86,000–86,500 zone, where selling pressure weakened and the market began forming higher lows. This behaviour signalled a shift in control from sellers to buyers. The bullish shift was validated once price achieved a Break of Structure above previous resistance. Following this move, BTCUSD continued to build a sequence of higher highs and higher lows, confirming an active bullish trend. The upward movement is supported by impulsive candles, while pullbacks remain shallow, indicating stable momentum rather than distribution. During the rally, multiple Fair Value Gaps were left behind, created by strong directional movement. Key demand areas are visible around 91,200–90,800 and further below near 89,200–88,800. These zones may attract buyers again if price retraces, as they represent areas of price imbalance. On the upside, price is reacting near the 94,200–94,400 resistance band, which aligns with prior highs and short-term liquidity. A sustained hold above this zone may allow continuation toward the 96,000 region, while rejection here could lead to a healthy pullback into previous demand without changing the overall trend. In summary, the market structure remains bullish as long as price holds above the most recent higher low, with attention on reactions at highlighted support and resistance levels. Disclaimer: This analysis is for educational purposes only. It is not financial advice. Trading involves risk and uncertainty.
OANDA:BTCUSDShort
by SwingTrade_Concept
XAUUSD Structure, Zones & Price BehaviourGold is transitioning from a corrective bearish phase into a developing bullish recovery. Earlier price action shows a clear bearish trendline, formed after rejection from the 4550 major resistance, which triggered strong selling pressure. This decline remained controlled and eventually slowed near the 4260–4290 demand zone, where buyers stepped in with strength. The reaction from this demand zone marked a key shift in sentiment. Price began forming higher lows, followed by a decisive Break of Structure above the prior internal resistance around 4380–4400. This BOS confirms that bearish momentum has weakened and buyers are now gaining short-term control. During the impulsive recovery, a visible Fair Value Gap was created near 4330–4360, highlighting an imbalance caused by aggressive buying. This area may act as a potential buy-on-dip zone if price revisits it, provided overall structure remains intact. Another layer of support sits near 4400, which now acts as a flip level after previous resistance. On the upside, price is currently consolidating below 4470–4485, where minor profit-taking is visible. A clean hold above this region opens the path toward the 4550 resistance, which remains the most important supply level on the chart. A rejection from that zone could lead to consolidation, while acceptance above it would signal broader bullish continuation. Overall structure is shifting bullish, supported by demand reaction, BOS confirmation, and healthy pullbacks. Disclaimer: This analysis is for educational purposes only. It is not financial advice. Trading involves risk and uncertainty.
OANDA:XAUUSDLong
by SwingTrade_Concept
Engineers India Ltd (EIL) – Range Base Breakout StudyStudy Overview: Price has been consolidating in a strong demand zone for a long time. Despite previous selling pressure, no aggressive sell volume is visible. RSI is holding above mid-zone, showing strength and accumulation. MACD is gradually turning positive, hinting at a momentum shift. What to watch: 🔹 Short-term opportunity on a clean breakout above the range. 🔹 Long-term hold potential if price sustains above resistance with volume. 🔹 Structure suggests smart money accumulation rather than distribution. 📌 This setup looks more like controlled consolidation before a possible upside breakout. ⚠️ Note: This is a technical study for educational purposes only, not a buy/sell recommendation.
NSE:ENGINERSINLong
by apstockanalysis