FIL TA on Current Frame holding on DailyFilUSD seems to hold done after 15% pump and has a chance to go up only if ascending channel holds
Probablity 50/50
Community ideas
Reliance Industries Ltd – 1D Chart Update || Pattern-DrivenTimeframe: Daily (1D) || Pattern: Cup & Handle (Bullish)
LTP: ₹1,592
Reliance Industries is showing a classic Cup & Handle formation on the daily chart, indicating strong accumulation and a potential continuation of the prevailing uptrend. Price action remains constructive, supported by rising volumes and positive momentum indicators.
Key Technical Levels:
Support: ₹1,433 | ₹1,335
Resistance: ₹1,709 | ₹1,863
A sustained move above the handle breakout zone can open the door for further upside toward the mentioned resistance levels, while the supports act as crucial demand zones on any corrective pullback.
Company & Sector Updates:
Reliance continues to benefit from strength across its diversified businesses. The Oil-to-Chemicals segment is supported by favorable refining economics, while Jio and Retail remain long-term growth drivers. Strategic focus on technology, digital expansion, and new-age businesses like AI and FMCG strengthens the company’s future outlook. Market participants are also closely watching developments around value unlocking and upcoming strategic initiatives.
View:
Overall structure and fundamentals indicate a positive bias, with trend continuation likely as long as the stock holds above key support levels.
For analysis of any stock, feel free to comment the stock name below.
This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Market investments are subject to risk, and past performance does not guarantee future results. Please consult a SEBI-registered financial advisor before making any investment decisions. The author is not responsible for any losses arising from the use of this information.
Crude Oil Long ??What could be the next move for Crude Oil after yesterday's attack of USA on Venezuela taking control of their Crude reserves. What does it mean for India, US Dollar and INR ?
TRADING STRATEGY:- TRADING METHOD - PART 1Time frame:- 15 mins
Indicators- MA, Stochastic
BUY- Buy above MA , and indicators give buy sign- for sell opposite
use price action for boost accuracy
The wait is finally overRBL Bank CMP 320.75
RSI - i can see the change in trend in the RSI.
MA- the two faster MA's are about to cross the slowest one. This is on the monthly chrt and very bullish.
Price- the stock has moved from 150 to 300 without much correction. This is an indication of strength.
Conclusion - in my view as of now the minimum tgt is 620. The start of the big bear candle.
Sai Life Sciences cmp 921.70 by the Daily Chart view since listeSai Life Sciences cmp 921.70 by the Daily Chart view since listed
- Support Zone 865 to 895 Price Band
- Resistance Zone 923 to ATH 943 Price Band
- Volumes are regularly spiking well above the average traded quantity
- Darvas Bos Setup seems like repeated basis the current technical chart setup
- Rising Price Channels are in good sync to each other at ending and fresh new start
- Considerate Bullish Rounding Bottoms and/or Rising VCP pattern, as one may interpret
- Darvas Box Setup : Stock trending within 845 to ATH 943 price band since ATH on 25-Aug-2025
Banknifty key levels for this year 2026Banknifty key levels for this year 2026.
These levels are derived from past 52 weeks data of Banknifty.
These key levels will act as major support and resistance for the coming weeks.
100% candles are not correct, it can be deceiving, don`t fall into traps.
Line chart might help.
Plot these levels and check yourself.
Have Green New Year (2+0+2+6=1)
#nmdc broke out on monthly timeframe#nmdc going for a run levels marked in the chart 110+ tp
#nfa not a financial advice I analyse macro outlooks
Nifty 50 Price Structure Analysis [05/01/2026: Monday]Top-Down Nifty 50 Price Structure Analysis for 05th of January 2026. The day is Monday.
(1) Monthly Time Frame:
The candle is so far bullish. Price set a new all-time high (ATH). The moment the price starts to trade above level 26350, last month's candle will be engulfed. Strong support is 26200. Weak resistance is 26400. The view is bullish.
(2) Weekly Time Frame:
This week's candle shows a volatile session. Bears are badly trapped at level 25900. This week's market made a new ATH. The candle is a strong bullish candle with features similar to a bullish hammer. Additionally, the candle engulfed last week's candles. Weak resistance is 26350. Major resistance is 26400. Strong support zone is (26250 - 26200). Doubt every down move. The view is bullish.
(3) Daily Time Frame:
A strong bullish candle. Though there are wicks but the candle can be featured as an imperfect bullish marubozu. A very strong support zone is (26250 - 26200). Doubt every down move. Weak resistance is 26350. Strong resistance is 26400. However, there is a higher probability of the price to start trading above the level 26400. The view is bullish.
(4) 30-Minute Time Frame:
The session shows strong bullish dominance. The last 1-hour activity confirms that bears will be bullied every time there is a dip. The higher highs structure is intact. Strong support at the levels - 26300, 26250, and 26200. Doubt every down move. Weak resistance is 26350. Strong resistance is 26400. The view is bullish.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price stays above level 26300.
(iii) Possible bullish targets after the price breaks out level 26350 are - 26400, 26450, and 26500.
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price starts to trade below the level 26200.
No Trading Zone (NTZ): (26300 - 26200).
Events: No expiry on Monday. No high-impact event on Monday.
Summary of the Trading Plan (Hypothesis and Insights):
(i) The monthly TF bias is bullish.
(ii) The weekly TF bias is bullish.
(iii) The daily TF bias is bullish.
(iv) The 30-minute TF bias is bullish.
(v) Establish intraday bias with respect to the opening price.
(vi) No trading zone (NTZ): (26300 - 26200).
(vii) There is a higher probability of a bullish move. There is a negligible chance of a bearish move. Doubt every down move as there is a strong support area till 26200.
(viii) After price breaks out above the level 26350, the probable targets would be - 26400, 26450, and 26500.
(ix) Trade only if there is either a bullish/ bearish scenario. Otherwise, don't trade. Remember, not trading is an extension of trading activity. BE RESPONSIBLE.
NOTE:
"Mark your points. Trade your points. Price is God. Anything can happen in the markets. Therefore, trade what you see, not what you believe."
Happy Trading!
TMPV Big Upside aheadSmaller degree wave 1 of larger degree 3rd wave which can go to around 385-390 levels is likely to come, after which a slight correction will follow. Then comes the mother wave 3of larger degree 3rd which can take it to around 450 levels. So watch out $$$$
ETH Looks Bullish .Why No one is talking about this? What is see : strong 💪 breakout . Better to enter on retest.
Good Pick at current levelCRISIL seems to have bottomed down can consider adding this GEM to the portfolio for a 15-20% up move
NIFTY 50, New Bullish trend NIFTY 50 new bull market, ATH breakout indicating strength in sector hence it can touch the blue arrow
BTCUSD 1H – Bullish Structure with Short-Term Resistance and PotTechnical Analysis (1-Hour Chart)
Market Structure
Bitcoin is in a clear bullish market structure on the 1H timeframe.
Multiple BOS (Break of Structure) labels confirm continuation to the upside.
Earlier CHoCH (Change of Character) marked the transition from consolidation/bearishness into the current uptrend.
Price is respecting higher highs and higher lows, indicating strong trend control by buyers.
Price Action & Key Levels
Current price: ~91,395 USD
Price is trading near recent highs, just below a descending trendline resistance (blue dashed line).
A premium zone is visible near the highs, suggesting price may be temporarily overextended.
Below price:
FVG (Fair Value Gap) zone acts as a strong bullish retracement area.
This zone is a logical area for pullback and continuation if the trend remains intact.
Momentum Indicators
RSI (~64.7):
Bullish but approaching overbought territory.
Suggests momentum is strong, but upside may be limited short term without consolidation.
MACD:
MACD lines remain above zero with a mild bullish crossover.
Momentum is positive, but histogram shows slowing acceleration → possible short-term cooldown.
Volume
Volume is steady, not showing major distribution yet.
No clear bearish divergence, which supports trend continuation after a retracement.
Bias & Scenarios
Bullish Scenario (Preferred)
Price pulls back into the FVG / demand zone, holds structure, then continues upward.
A clean break and close above 91,800–92,000 USD would open continuation toward 93,500+.
Bearish / Correction Scenario
Rejection from the trendline + premium zone could trigger a healthy pullback.
Loss of the FVG would expose deeper retracement toward 89,800–88,800 USD, still within bullish structure unless that support fails.
CDSL – Swing Trade Setup (Elliott Wave View)CDSL. CMP: 1466.60; RSI: 43.90
🔍 Wave Structure Insight
Wave Degree: Super Cycle – Multi-year (≈3 yrs) trend remains bullish
On daily timeframe, price is undergoing an Intermediate A-B-C correction
Correction structure appears to be a Zig-Zag (5-3-5)
Wave C has breached the start of Wave B → classic sign of correction maturity
Price now sitting near completion zone of Wave C
📉 Momentum Check
RSI near lower band → selling pressure is exhausting
Volumes drying up → panic selling absent, indicating base formation
🎯 Swing Trade Plan
Buy Zone: Near current levels / dips into support zone
Stop Loss: Below recent swing low (invalidation of Wave C completion)
Targets:
T1: 150-1575
T2: 1600-1630
📌 Thanks a ton for checking out my idea! Hope it sparked some value for you.
🙏 Follow for more insights
👍 Boost if you found it helpful
✍️ Drop a comment with your thoughts below!
Shalimar paintswas successful to close above 2 years downtrend line with most bullish candle close towards day high . if support of 50-55 holds on monthly closing bases can see price moment towards its previous resistance zone 120-160 in coming 12-18 months keep on radar good risk to reward trade .
Sensex - Weekly review Jan 5 to Jan 9The price sustained above the 85400 zone and gave a good movement. Nearby resistance is at 86150. The price is bullish as long as it sustains 85400.
If the price opens flat, buy above 85700 with the stop loss of 85500 for the targets 85840, 85980, 86120, 86240, 86360, 86520, 86700 and 86820.
As per the daily chart, the price is forming a rounding bottom pattern, which is bullish.
If the price opens gap down and shows bullish strength, buy above 85500 with the stop loss of 85340 for the targets 85620, 85740, 85840, 85980, 86120, 86240, 86360, 86520, 86700 and 86820.
Sell below 85260 with the stop loss of 85400 for the targets 85120, 85020, 84860, 84700, 84560, 84400 and 84240.
Always do your analysis before taking any trade.
Bitcoin (BTCUSD) Daily Chart – Potential Bullish Reversal Above Market Structure
BTC experienced a strong downtrend from the October high, followed by a base formation in December.
Price is now forming higher lows, suggesting a potential trend reversal or early-stage uptrend.
The ascending trendline (dashed blue) indicates growing bullish structure if respected.
2. Support & Resistance
Key Support:
~$89,150 (marked level)
Psychological zone: $85,000–$88,000
Immediate Resistance:
$92,000–$94,000
Major Resistance Target:
$100,000–$102,000 (previous breakdown area)
3. RSI (Relative Strength Index)
RSI is around 54, moving upward.
This shows bullish momentum building, but not yet overbought.
Confirms a healthy recovery, not an exhausted move.
4. MACD
MACD lines are converging upward.
Histogram is improving toward zero → bearish momentum is fading.
A bullish crossover would strengthen upside confirmation.
5. Momentum / Volume
Selling pressure has clearly weakened.
Momentum indicators suggest accumulation rather than distribution.
Bias & Outlook
Short-term bias: Mildly bullish
Confirmation needed: Daily close above $92k with volume
Invalidation: Break below $88k would weaken the bullish case
XAUUSD/GOLD WEEKLY SELL PROJECTION 04.01.26Price was moving inside a parallel uptrend channel
That channel is clearly broken, which is the first early warning of trend weakness
After the break, price failed to continue higher → bullish momentum exhausted
2️⃣ Major Reversal Patterns
Double Top Formation
Price tested the same resistance zone twice
Both tops were rejected strongly
This confirms buyers are unable to push price higher
M Pattern Confirmation
After the second top, price breaks below the neckline
This confirms trend reversal
3️⃣ Candlestick Confirmation (Very Strong)
At the resistance zone:
Evening Star (Triple Candlestick Pattern) → Classic reversal signal
Bearish Engulfing Candle → Sellers completely overpower buyers
These patterns together give a high-probability SELL confirmation
4️⃣ Resistance Zones
Resistance R2 → Major rejection zone (double top area)
Resistance R1 → Previous supply zone
Price respected resistance and obeyed the trendline → SELL zone
5️⃣ Entry Logic (SELL)
Sell after:
Trendline break
Double top confirmation
Bearish engulfing close
This is a swing low sell setup
6️⃣ Targets & Risk Management
Support S1 → First target / partial booking zone
Support S2 → Final target
Risk : Reward = 1 : 2
RELIANCE: US attack on Venezuela & Level Analysis❇️ New Delhi: The US attack on Venezuela is unlikely to have any material impact on Indian refiners, which had already exited Venezuelan crude due to sanctions. Venezuela is now a marginal exporter, and any supply disruption is unlikely to lift
💥India's Exposure: Venezuela supplies ~3-5% of India's crude imports (USD 364.5M in FY25, per ET). Reliance's Jamnagar refinery (1.24M bpd capacity) diversified sources (Russia 30%, US 20%, Middle East 40%); Venezuelan crude <10% pre-2024 sanctions.
Fundamental Impact on RELIANCE💥
💥 Refining Margins: Minimal hit —crude diversification shields from supply shocks. If Venezuelan output rises under US influence, cheaper heavy crude could widen Reliance's GRM (gross refining margin) to $15-18/bbl (current ~$14). Risk: Short-term Brent volatility (+2-3% if escalation) could squeeze margins by 5-10%.
Flows & Valuations: FIIs net bought ₹500 Cr in energy Dec end (offsetting YTD ₹2.3L Cr outflows); DII supportive. RELIANCE P/E ~22x (sector avg 20x), EV/EBITDA ~8x—stable amid event.
💥 Global/Macro: US CPI soft (2.7% Dec) aids EMs; rupee ~90.45 steady on RBI. Geopolitical: Low escalation risk (China/Russia condemn but no retaliation), per X sentiment (posts focus on oil prices, not India-specific panic).
Conclusion: 🚀Buy on Dip Strategy.
❇️Screen Shot of 75 min TF❇️
💥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".
Do comment if Helpful .
Do Comment for In depth Analysis.
❇️ Follow notification about periodical View
💥 Do Comment for Stock WEEKLY Level Analysis.🚀
Nifty level January 2nd Week 26,200 --- 26,150there is a possibility that Nifty will break below 26,200 ---- 26,150 in the next two weeks
NIFTY INFRA PAUSE BELOW RESISTANCE OR NEAR BREAKOUT? 020126pre-breakout compression zone
Strong trends pause before they expand
Weak trends reverse.
The monthly chart is decisively bullish:
Strong higher-high, higher-low structure since 2020.
Price is well above the 200-DMA equivalent, confirming a primary secular uptrend.
Weekly Chart: Absorption or Rejection ?
Weekly candles show tight ranges near resistance, not long upper wicks.
Moving averages are rising and stacked bullishly.
The prior pullback found support exactly where it should — near the rising trend band / cloud support.
This looks like a classic “time correction instead of price correction.
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
