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Reliance very Near Life Time HighReliance NSE India .Daily chart Analysis My analysis was highly accurate in identifying the Reliance key resistance zone around 1600–1620. As of the latest close on 1595 January 2, 2026 ,. Date 08/7/2024 Reliance on lifetime High 1610 created., Today Reliance is trading near all-time highs levels will determine the next major move. confirming a fresh lifetime high and a decisive breakout above the 1600–1620 resistance Zone.(Box) Updated Scenarios 1. Bullish Breakout Confirmed(Above 1620) The index has already achieved a sustained close above the 1620 resistance zone This confirms fresh bullish momentum. Potential Targets: 1680–1700 (initial), with extensions possible 2. Pullback Scenario (Lower High Probability Currently) Trigger: A close below 1520 (new near-term support) could signal profit-booking. Potential Targets: Corrective move toward 1520-1500.
NSE:RELIANCEShort
by Trend_MyFrend
CAMS Story Repeating?Hello Traders, CAMS has now formed similar chart pattern what it had form earlier on 1W Timeframe. Pattern 1: We saw a good retractment after rally in 2022. 0.38 was the fibo resistance in this time. It went in consolidation till Aug 2023, when it finally started showing upmove. During this time, we can also see that Money Flow Index had show breakout but didn't sustained. However, the rally was continued. Pattern 2: After making All Time High in late 2024, it retraced and went sideways. And had retraced back till 0.50 fibo level, stronger pull back than the earlier(Pattern 1) pull back which was 0.38. Later it went sideways just like Pattern 1. Now recently we have seen same MFI pattern of breakout and same like Pattern 1, i.e not sustaining, and not sustaining. We haven't seen the price wise breakout yet in the stock. However, there are two more common things here, the belt-hold candles formations in both the pattern 1 and 2. And the rise and decline in volume. I will be keeping close eye on this stock. Looks like it may show upmove just like pattern 1. Note: This post is for information purpose only. Don't consider this as trading or investment recommendation or tip.
NSE:CAMS
by AkshayAdak
TORNTPOWER | Symmetrical Triangle — Range Compression at Supply💹 Torrent Power Limited (NSE: TORNTPOWER) Sector: Power | CMP: 1399.40 View: Symmetrical Triangle — Range Compression at Major Supply Chart Pattern: Symmetrical Triangle Candlestick Pattern: Strong Bullish Marubozu Torrent Power Limited (NSE: TORNTPOWER) is showing early signs of a structural shift after spending several months in a descending price framework marked by lower highs and a gradually rising base. The stock respected a falling resistance trendline while forming higher lows, creating a classic compression phase where supply was getting absorbed quietly. The latest session produced a strong expansion candle from the trendline with visible volume participation, suggesting demand is attempting to take control after a prolonged consolidation. Immediate supports are placed near 1346, followed by 1293 and 1263, while overhead resistances stand at 1429, 1459, and 1512, with a major historical supply zone around 1680–1720. From an STWP perspective, momentum is transitioning from distribution to early accumulation; as long as price holds above the 1345–1360 zone, pullbacks are likely to find buyers, while sustained acceptance above 1460 could open the path toward higher resistance levels. Overall, the trend remains neutral but improving, momentum is in early expansion mode, volume is supportive, and risk stays moderate near overhead supply — making this a stock to observe for follow-through rather than chase. Torrent Power Limited (NSE: TORNTPOWER) has delivered a high-impact bullish session, marked by a clear Bullish Marubozu candle accompanied by exceptionally strong volume, signalling decisive buyer dominance and visible institutional participation. The move is technically significant as it aligns with a 20-EMA crossover, RSI breakout into the strong trend zone (above 70), and a Bollinger Band expansion after prolonged compression, indicating a volatility-led expansion phase. Momentum indicators support the strength — MACD has turned firmly positive with a rising histogram, ROC shows strong positive acceleration, and relative strength versus NIFTY confirms outperformance and emerging leadership behaviour. However, oscillators such as Stochastic and CCI are in extreme overbought territory, suggesting short-term exhaustion risk even as broader momentum remains intact. Volume data further strengthens the case, with a 20-day volume breakout nearly 5x the average, highlighting aggressive accumulation rather than speculative participation. From an STWP perspective, the setup reflects strong momentum within a still-neutral higher-timeframe trend, implying that while immediate upside energy is powerful, price may require consolidation or follow-through confirmation before sustaining higher levels. Overall, momentum is strong, volume is very high, trend transition is underway, and risk remains elevated in the near term — making this a classic institutional expansion move worth tracking, not chasing. STWP Trade Analysis – Torrent Power Limited: The current price interaction zone is observed around 1399–1407, which marks the immediate structure-acceptance area following a strong expansion candle backed by exceptional volume. Within the STWP HNI framework, the primary observation band lies between 1399.40 and 1407.00, with a key structural risk reference near 1383.50, below which momentum acceptance would weaken. A deeper structure-based invalidation level is mapped around 1360–1365, representing the lower end of the recent accumulation base and serving as a broader risk boundary. An alternate low-risk observation pocket exists closer to 1290–1270, aligned with the prior consolidation floor and trend-support reference, while higher observation zones are identified near 1447 and 1479, where price behaviour should be evaluated for continuation, absorption, or supply emergence. All mentioned levels are strictly price-behaviour checkpoints used to assess strength, acceptance, or rejection within the evolving structure and are shared purely for educational and analytical purposes, not as entries, exits, or profit objectives. From a derivatives perspective, positioning in Torrent Power Limited remains bullish but institutionally disciplined, with activity tightly concentrated around the near-ATM 1400 zone, which is acting as the primary liquidity and control pivot. This clustering indicates efficient directional expression rather than momentum chasing. The structure is characterised by a clear long build-up in near-ATM calls, supported by elements of ITM call short covering at lower strikes, explaining the sharp price expansion while also implying that sustained continuation will rely on fresh long additions once covering activity stabilises. Encouragingly, selective long build-up is now visible at higher strikes, adding depth and credibility to the bullish derivative structure rather than leaving it top-heavy. Volatility remains constructive, with implied volatility sitting in a healthy mid band and expanding gradually alongside price, which supports directional option frameworks while keeping time-decay risk relevant and manageable. On the put side, short build-up at lower strikes is reinforcing a defined support base beneath spot, while long unwinding in deeper puts suggests easing downside hedging demand rather than rising risk aversion — a combination that aligns with controlled bullish continuation rather than speculative excess. STWP Demand–Supply Zone Map – Torrent Power Limited (TORNTPOWER): On the intraday timeframe, multiple layered demand pockets are visible, indicating stepwise buyer absorption rather than a single reaction low. The immediate intraday demand zone lies between 1348–1337.80, followed by deeper support clusters at 1324.70–1320.80, 1307–1305.90, and 1279.50–1275.80, each representing prior acceptance areas where price previously attracted responsive demand. From a swing perspective, demand is broader and more structural, with key zones mapped at 1330–1319.80, 1312.10–1297.90, and 1310.60–1303.70, highlighting the larger accumulation band that underpins the current uptrend. On the higher timeframe, no fresh daily demand zones are currently active, while a clearly defined daily supply zone between 1525 and 1586.20 stands out as a major overhead distribution area where price behaviour should be carefully evaluated for acceptance or rejection. Collectively, these zones act purely as price-behaviour reference areas to assess strength, pullback quality, and supply response within the prevailing structure, and are shared strictly for educational and analytical purposes only. Final Outlook: Momentum: Strong | Trend: Up | Risk: High | Volume: High ⚠️ STWP Educational & Legal Disclaimer This content is shared strictly for educational and informational purposes only. All discussions, illustrations, charts, price zones, and options structures are meant to explain market behaviour and do not constitute any buy, sell, or hold recommendation. STWP does not provide investment advice, trading calls, tips, or personalized financial guidance, and is not a SEBI-registered intermediary or research analyst. The analysis is based on publicly available market data and observed price–derivatives behaviour, which is dynamic in nature and may change without notice. Financial markets involve inherent risk, and derivatives carry elevated risk, including the potential for significant capital loss. Factors such as option premiums, implied volatility, open interest, delta, and other Greeks can shift rapidly and unpredictably. All trading and investment decisions, including position sizing and risk management, are solely the responsibility of the reader. Always consult a SEBI-registered investment advisor before taking any financial action. STWP, its associates, or affiliates shall not be liable for any direct or indirect loss arising from the use of this material. Past patterns, structures, or historical behaviour must never be treated as guarantees of future outcomes. Position Status: No active position in this instrument at the time of analysis Data Source: TradingView & NSE India 💬 Did this add value? 🔼 Boost to support structured learning ✍️ Share your views or questions in the comments 🔁 Forward to traders who value disciplined analysis 👉 Follow for clean, probability-driven STWP insights 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:TORNTPOWERLong
by simpletradewithpatience
Nifty spot 26328.55 by Daily Chart view - Weekly UpdateNifty spot 26328.55 by Daily Chart view - Weekly Update _*Nifty created a New Lifetime High Milestone 26340 on 02-Jan-2026*_ - Support Zone 25915 to 26185 for Nifty - Resistance only at ATH 26340 for Nifty and each New ATH - Volumes trending above avg traded quantity but with selling pressure - Bullish Rising W formed by the neckline at previous ATH and New ATH level - Hope to see further higher levels for the Nifty Index through the New Year 2026
NSE:NIFTY
by PIYUSHCHAVDA
Nifty 50 in Key Point Nifty 50 NSE India .Daily chart Analysis My analysis was highly accurate in identifying the Nifty key resistance zone around 26,300–26,350. As of the latest close on January 2, 2026,. Date 26/9/2024 Nfity 50 on lifetime High created . In 27/11/2025 Nifty respect previous high and pullback , Today Nifty 50 index is trading near all-time highs levels will determine the next major move. confirming a fresh lifetime high and a decisive breakout above the 26,300–26,350 resistance Zone.(Read Line) Nifty has maintained its higher-top, higher-bottom structure with a clear uptrend (green line intact on daily/ charts). Updated Scenarios 1. Bullish Breakout Confirmed o The index has already achieved a sustained close above the 26,350 resistance zone (intraday peak at 26,340 and close well above prior highs). o This confirms fresh bullish momentum. o Potential Targets: 26,500–26,600 (initial), with extensions possible toward 26,700–27,000 in the near term, supported by strong broad-based buying in banking, metals, auto, and PSU stocks. o Key support now shifts higher to 26,200–26,100. 2. Pullback Scenario (Lower Probability Currently) o Trigger: A close below 25900 (new near-term support) could signal profit-booking. o Potential Targets: Corrective move toward 25,900–25,850.
NSE:NIFTYShort
by Trend_MyFrend
Bank Nifty spot 60150.95 by Daily Chart view - Weekly UpdateBank Nifty spot 60150.95 by Daily Chart view - Weekly Update _*Bank Nifty created a New Lifetime High Milestone 60203.75 on 02-Jan-2026*_ - Support Zone 59450 to 59750 for Bank Nifty - Resistance only at ATH 60230.75 and each New ATH - Volumes trending well above the average traded quantity - Strong Bullish Bottom formed around 58650 to 58750 level - Bullish Rounding Bottom formed by previous ATH and New ATH - Hope to see further higher levels for Bank Nifty thru New Year 2026
NSE:BANKNIFTY
by PIYUSHCHAVDA
Part 3 Learn Institutional Trading Why Advanced Option Strategies Matter Before exploring the strategies, it is important to understand their purpose: 1. Risk Management Single-leg options (buying calls/puts) carry unlimited risk (when selling) or high premium cost (when buying). Multi-leg strategies help: Define maximum risk Reduce premium outflow Balance profit zones 2. Volatility Trading Advanced strategies allow traders to bet for or against volatility: Straddles/strangles → high volatility expected Iron condor/butterfly → low volatility expected 3. Neutral Market Opportunities Options allow traders to profit even when the market is flat: Iron condor Credit spreads Short straddle/strangle 4. Probability Enhancement Selling option spreads increases the probability of winning: Lower risk Smaller but consistent returns Defined loss
NSE:NIFTYEducation
by SkyTradingZone
COALINDIA | Price at Major Supply, Volume Spike Signals Decision💹 Coal India Ltd (NSE: COALINDIA) Sector: Mining & Energy | CMP: 427.9 View: Range Breakout Test — Price at Major Supply, Volume Spike Signals Decision Zone Coal India has transitioned out of a prolonged consolidation phase marked by a rising base and repeated supply absorption near the upper band. A sharp upside expansion, supported by exceptionally high volume, has pushed price above the earlier range high near 420 and into a major historical supply zone between 430 and 440, placing the stock in a critical decision area. While this move reflects strong participation and a shift in market character, it also carries elevated risk, as prior rallies from this region have seen profit absorption. Acceptance above the 425–429 zone is now the key validation point; sustained stability would indicate a structural change, while rejection would reaffirm the broader range context. Momentum indicators and price–volume alignment confirm strength, with bullish VWAP alignment, Bollinger Band expansion, and a release from compression, though oscillators remain overbought, signalling the possibility of near-term cooling after an aggressive expansion. Relative strength versus the broader market remains positive, reinforcing leadership behaviour, albeit with price extended from its mean. From a derivatives perspective, positioning remains bullish yet institutionally controlled, with activity clustered around the near-ATM 425–430 zone and 427.5 acting as a liquidity pivot, suggesting efficient directional expression rather than speculative chasing. The structure reflects a combination of near-ATM call long build-up and ITM call short covering across 400–420, explaining the sharp upside momentum while highlighting that sustained continuation will depend on fresh long participation once covering normalizes. Selective long build-up is emerging at higher strikes in the 430–440 zone, adding depth and credibility to the bullish structure. Volatility remains constructive, with implied volatility in a low-to-moderate band expanding in an orderly manner alongside price, supporting structured directional frameworks while keeping time-decay considerations relevant. On the put side, short build-up across 420, 415, and 410 is supportive, effectively building a visible support base below spot, while long unwinding in deeper puts points to reduced downside hedging demand rather than rising fear. The demand framework is well layered across timeframes, providing clarity on potential reaction zones during pullbacks. Intraday demand is visible at 414–411.90, with a deeper cushion at 408.60–406.75, complemented by aggressive demand pockets at 408.35–407.60 and 402.90–402.50. From a swing perspective, 402.80–399.50 marks a key accumulation band, while on the daily timeframe 404–395.50 defines the primary trend support and 387.35–382.85 anchors the higher-timeframe demand base. As long as these higher-timeframe zones are respected, pullbacks are more likely to be absorptive rather than distributive. STWP Trade Analysis: The observed price zone is 429.50, with a structure-based risk reference level at 397.15 and a defined risk distance of 32.35. Within the STWP HNI framework, the primary observation zone lies between 427.90 and 429.50, with a structural invalidation level at 424.08. An alternate low-risk observation area is identified near 421.56, with a corresponding risk level at 415.65, while higher observation zones are mapped at 439.35 and 446.98. These levels function purely as price-behaviour checkpoints to evaluate strength, acceptance, or rejection within the prevailing structure and are not intended as entry, exit, or profit targets, being shared strictly for educational and analytical purposes only. Final Outlook: Momentum: Strong | Trend: Up | Risk: High (extension and supply proximity) | Volume: High (institutional participation evident) ⚠️ STWP Educational & Legal Disclaimer This content is shared strictly for educational and informational purposes only. All discussions, illustrations, charts, price zones, and options structures are meant to explain market behaviour and do not constitute any buy, sell, or hold recommendation. STWP does not provide investment advice, trading calls, tips, or personalized financial guidance, and is not a SEBI-registered intermediary or research analyst. The analysis is based on publicly available market data and observed price–derivatives behaviour, which is dynamic in nature and may change without notice. Financial markets involve inherent risk, and derivatives carry elevated risk, including the potential for significant capital loss. Factors such as option premiums, implied volatility, open interest, delta, and other Greeks can shift rapidly and unpredictably. All trading and investment decisions, including position sizing and risk management, are solely the responsibility of the reader. Always consult a SEBI-registered investment advisor before taking any financial action. STWP, its associates, or affiliates shall not be liable for any direct or indirect loss arising from the use of this material. Past patterns, structures, or historical behaviour must never be treated as guarantees of future outcomes. Position Status: No active position in this instrument at the time of analysis Data Source: TradingView & NSE India 💬 Did this add value? 🔼 Boost to support structured learning ✍️ Share your views or questions in the comments 🔁 Forward to traders who value disciplined analysis 👉 Follow for clean, probability-driven STWP insights 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:COALINDIALong
by simpletradewithpatience
NIFTY : Last Expiry of 2025 (Weekly Map)Monday is basically done and the weekly low has already been hit in the first session. So the rest of the week is now about reaction + rotation. Price is sitting below the Lower Rail, so the only question is: reclaim back into value or accept lower? 1) Bull Case — “Reclaim back into value” Trigger: Reclaim 25,989 (LPR) and hold (acceptance back above) Targets: 26,096 (EQ) → 26,204 Stretch: 26,258 (UPR) if value is accepted 2) Bear Case — “Acceptance below Lower Rail” Trigger: Stay below 25,989 (failed reclaim) Targets: 25,935 → 25,827 Extension (only if unwind continues): 25,666 Invalidation Long thesis weakens if price fails to accept back above 25,989 Short thesis weakens if price accepts above 26,096 (EQ) Lets see if last expiry of 2025 is going to be something interesting or ordinary
NSE:NIFTY
by NeuralMarkets
Candle PatternsWhy Candle Patterns Matter in Trading Candlestick patterns matter because they provide: 1. Early trend reversal signals Before a trend changes, buyers and sellers show hesitation, exhaustion, or aggression. Candles capture these emotions early. 2. Clarity of market sentiment You can quickly understand whether bulls or bears are in control. 3. Entry and exit confirmation Combined with chart patterns, market structure, and volume profile, candle patterns significantly improve precision. 4. Risk management Certain patterns provide tight stop-loss areas—like wicks, rejection levels, and candle lows/highs. 5. Works across markets Whether it’s stocks, forex, crypto, commodities, or index trading, candle patterns behave the same because human psychology is universal.
NSE:BAJFINANCEEducation
by TechnicalExpress
Chart Patterns Psychology Behind Chart Patterns Every pattern tells a story. If price is rising and then starts forming a reversal pattern, it might indicate that buyers are losing strength or institutions are booking profits. If price is consolidating in a continuation pattern, it signals that the market is resting before the next big move. Key psychological elements include: Support – A price level where buyers consistently enter Resistance – A price level where sellers consistently enter Breakout – When price moves above resistance Breakdown – When price moves below support Retest – Price returning to confirm a breakout or breakdown Volume – Strengthens validity of patterns The combination of these elements creates chart patterns that traders learn to interpret.
NSE:INFYEducation
by TechnicalExpress
CUB 1 Month Time Frame 📌 Latest Price Context Current price: Around ₹284–₹290 on NSE (varies by source/time) — markets fluctuate intra‑day. 📈 1‑Month Resistance Levels These are areas where price often faces supply (selling) pressure: Resistance Approx. Level (INR) Notes R1 ~₹290–₹292 Near current cluster resistance. R2 ~₹295–₹297 Resistance near recent highs & 52‑week top. R3 ~₹300–₹305 Psychological / upper range breakout. 👉 Break above ₹295–₹300 with volume could indicate strength in the 1‑month trend. 📉 1‑Month Support Levels Key levels where demand may absorb selling: Support Approx. Level (INR) Notes S1 ~₹282–₹285 Near short‑term support. S2 ~₹278–₹280 Next downside cushion. S3 ~₹274–₹276 Lower range support in recent weeks. 👉 A sustained close below ~₹278–₹280 may signal deeper pullbacks. ⚠️ Notes These levels are approximate and based on recent publicly available technical data. Prices move continuously — intraday pricing may vary within the day. For live dynamic charts, always check your trading platform or a reliable live chart (e.g., TradingView / NSE site).
NSE:CUBLong
by Knowledgehub
LODHA 1 Week Time Frame 📌 Current Price Snapshot LODHA is trading around ₹1,055 – ₹1,085 on NSE recently. 📊 Weekly Time Frame Levels (Support & Resistance) 🔹 Key Support Levels (Weekly) Levels where price may find buying interest this week: Support 1: ~₹1,063 – ₹1,064 (primary weekly support) Support 2: ~₹1,060 – ₹1,061 (secondary zone) Support 3: ~₹1,051 – ₹1,055 (deeper weekly support range) 📌 A decisive weekly close below ~₹1,050 – ₹1,055 could signal further downside momentum. 🔹 Key Resistance Levels (Weekly) Levels where price may run into supply/selling: Immediate Resistance / Pivot: ~₹1,077 – ₹1,082 Resistance 1: ~₹1,091 – ₹1,092 Resistance 2: ~₹1,097 – ₹1,100 Higher Resistance: ~₹1,110 + if bullish momentum accelerates 📌 Weekly close above ₹1,090 – ₹1,100 strengthens short‑term bullish bias. 📌 Weekly Trading Context Bullish Scenario Break & close above ~₹1,090‑₹1,100 on weekly chart → watch for continuation toward higher resistances. Bearish Scenario Breakdown and weekly close below ~₹1,063‑₹1,055 → could open path to deeper support near ~₹1,030‑₹1,020 in extended bearish move.
NSE:LODHALong
by Knowledgehub
SJVN 1 Week Time Frame 📈 Current Price Context SJVN is trading around ~₹73–₹83 recently (data varies by source/time — approximate current market level) with volatility around that band. 📌 Practical Weekly Trading Levels Bullish Scenario (Price Structure) Bullish threshold: Break & hold above ₹77–₹80 (weekly close) Next upside zone: ₹83+ weekly resistance Targets: ~₹83 → ₹88+ if bullish momentum continues Bearish Scenario Bearish invalidation: Failure below ₹69 Next lower supports: ~₹65, then ~₹62 Neutral / Range Between ₹71–₹77 → consolidative range, price may oscillate with low conviction. 🧠 Summary (1-Week Bias) Short-term bias: Neutral to slightly bearish — price stuck in range with sellers dominant if it stays under key zone ~₹77-₹80. Bullish trigger: Weekly close above ¥80 Bearish trigger: Weekly close below ₹69-71
NSE:SJVNLong
by Knowledgehub
ADANIENT 1 Week Time Frame 📌 Current Price (approx): ~₹2,225-₹2,280 (showing slight variation in live feeds) 📊 Weekly Pivot / Key Levels Resistance (Upside) R1: ~₹2,289-₹2,298 R2: ~₹2,298-₹2,314 R3: ~₹2,314-₹2,320+ Pivot: ~₹2,274-₹2,280 Support (Downside) S1: ~₹2,264-₹2,249 S2: ~₹2,240-₹2,227 S3: ~₹2,216-₹2,200 📈 Weekly Trading Range Expectation ✔ Bullish Break: Clear weekly close above ~₹2,298-₹2,314 would validate bullish momentum and open room toward higher resistance (~₹2,320+). ✔ Bearish Breakdown: Weekly close below ~₹2,227-₹2,216 suggests deeper corrective action toward lower supports. 📌 Trading Implications This Week Bullish scenario: Hold above pivot (~₹2,274-₹2,280) Push through R1/R2 (~₹2,289-₹2,298) and target R3 (~₹2,314+) Bearish scenario: Failure to hold pivot/support zone (~₹2,240-₹2,227) Risk to S2-S3 (~₹2,216 and below)
NSE:ADANIENTLong
by Knowledgehub
ITC 1 Day Time Frame 📌 Current Price (Live / Most Recent) Approx. ₹350.05 (recent trade / live quote from latest session; price has been under pressure recently due to tax impact sell-offs) 📈 Daily Price Action (1D) Recent Day’s Range: Day Low: ~₹345.25 Day High: ~₹360.00 Daily trading has been volatile and downward-biased. 52-Week Range: Low: ~₹345.25 High: ~₹471.50 (This helps frame where current price sits relative to yearly extremes.) 📍 What This Means for Trading (1-Day Frame) Bullish scenario: A sustained close above ₹403–₹406 may unlock upside toward ₹410+. Bearish scenario: Failure to hold ₹345–₹350 could expose deeper supports around ₹375–₹385 or lower.
NSE:ITCLong
by Knowledgehub
AVNT Why This Zone Matters?📌 1. Pattern Overview AVNT is trading inside a descending channel after a strong selloff. This structure shows sellers still control the trend with lower highs, but the range is compressing which often leads to a sharp expansion once price leaves the channel. Price is sitting in the decision zone of the channel, where breakouts and breakdowns usually move fast. The next daily close here can decide whether this is a base forming or just another lower high before continuation. 📉 2. Key Levels Support 0.36 — current base and near-term demand; losing this shifts control back to sellers 0.30 — next major support and likely downside magnet if 0.36 breaks Resistance 0.428 — reclaim level; a daily close above this is the first sign the market is changing character 0.490 — major supply; clearing this confirms strength and opens room for a larger move 📈 3. Market Outlook Higher time frame remains bearish, so the default bias stays defensive until price proves acceptance above resistance. Momentum shifts bullish only after a daily close above 0.428 and a clean retest hold. Institutions typically wait for that confirmation because it signals real demand, not just a short-lived bounce. 🧭 4. Trade Scenarios 🟢 Bullish Scenario Entry trigger: Daily close above 0.428, then retest holds as support First target: 0.490 Second target: 0.60 Reasoning: Break and hold flips structure, traps shorts, and often accelerates into the next supply zone 🔻 Bearish Scenario Breakdown trigger: Daily close below 0.36 Target: 0.30 first, then 0.22 if weakness continues Why this happens: Losing the base removes support and price typically searches the next demand pocket ⚠️ 5. Final Note Don’t chase the first move. Let the daily candle close confirm direction, then look for the retest. If you want more clean, level-based breakdowns like this, follow me for daily analysis.
Short
by Jitendra_Verma