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Venus Remedies: Understanding Its Multiyear Breakout🚀 Venus Remedies: Understanding Its Multiyear Breakout and RSI Momentum A Rare Multiyear Breakout : Venus Remedies, currently trading around ₹691 on the monthly chart, has achieved something technically significant — a multiyear breakout. A breakout occurs when a stock price moves above a long-standing resistance level. In this case, the breakout has been attempted successfully after nearly 17 years, with the last major resistance dating back to 2008. Such long consolidations often build strong bases, and when price finally breaks out, it signals a potential shift in trend from sideways to upward momentum. This is not just a short-term rally; it represents a structural change in the stock’s price behavior, which can attract long-term investors and momentum traders alike. 📊 RSI Indicator: A Measure of Strength 1. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. 2. RSI values above 70 typically indicate strong momentum and can sometimes suggest overbought conditions. 3. However, in the case of multiyear breakouts, an RSI above 70 often reflects sustained strength rather than exhaustion. 4. This means the stock is not just rising temporarily — it is showing powerful buying interest that supports the breakout. 5. In technical analysis, when RSI remains elevated during a breakout, it often confirms that the move is genuine and backed by strong demand. 💡 The Current Opportunity With Venus Remedies breaking out of a 17-year consolidation zone and RSI moving above 70: 1. Momentum traders may see this as a chance to ride the wave of strength. 2. Long-term investors may interpret this as the beginning of a new growth phase, especially since multiyear breakouts tend to have lasting impact. 3. The stock’s ability to sustain above the breakout level will be key — holding above ₹691 and building higher bases could signal further upside potential. 🎯 Key Takeaways for Learners 1. Multiyear breakouts are rare and powerful, often leading to significant trend changes. 2. RSI above 70 in such contexts is not just a warning sign but a confirmation of strength. 3. The combination of a breakout and strong RSI momentum creates a high-probability setup for traders and investors. 👉 In essence, Venus Remedies is offering a textbook example of how long-term technical patterns and momentum indicators align to create opportunity. For students of technical analysis, this is a case worth studying closely.
NSE:VENUSREMLong
by NANARKAR
3
NIFTY Hits New Highs but Breadth Weakens — What’s the Signal?The NIFTY 50 closed the week with a neat gain of 134.80 points (0.52%), touching fresh lifetime highs of 26,310.45. Sounds impressive, right? Yes — but there’s a twist. A deeper look shows the Nifty 500 is still over 2.5% below its all-time high. Meaning? This rally is not broad-based — it’s being carried by select large-cap heavyweights. Meanwhile, the India VIX dropped 14.77% to 11.62, keeping volatility calm… for now. ◉ Key Levels to Watch This Week Support Zones ● 26,000 — Strong and immediate support. Heavy put writing is visible here. Resistance Zones ● 26,200 – 26,300 — Near-term supply zone ● 26,500 — Major resistance to beat ◉ Key Triggers This Week 1. RBI Policy – December 5 A 25 bps rate cut is widely expected, but the RBI may take a cautious approach as it balances low inflation with rising growth momentum. 2. Q2 GDP at 8.2% The stronger-than-expected GDP print boosts sentiment but reduces the urgency for aggressive rate cuts, shifting the policy outlook toward a more measured stance. 3. India–US Trade Deal Both countries are close to finalizing the agreement by year-end, which could support IT, manufacturing and export-focused sectors. 4. Rupee Weakness The rupee’s slide to ₹89.49/$ raises import costs and potential inflation risks, adding pressure on the RBI while impacting corporate margins differently across sectors. ◉ December Outlook — What’s Likely Ahead? ● Base Case: NIFTY stays in a 26,000–26,500 range, with most upside already priced in. ● Bull Case: A breakout above 26,500 could send it toward 26,700 by month-end. ● Caution: If market breadth weakens further, volatility may creep back in. ◉ Strategy: ● As long as NIFTY holds above 26,000, sentiment stays positive. ● Dips above 26,000 = buying opportunity ● Avoid chasing breakouts blindly — focus on quality sectors and high-volume confirmations.
NSE:NIFTY
by GoodluckCapital
Part 11 Trading Master Class What Are Options? Options are financial contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (called the strike price) before or on a specific date. Unlike shares, which give ownership, options only provide trading rights. There are two main types of options: Call Option – gives the right to buy. Put Option – gives the right to sell. The buyer of an option pays a premium, while the seller (or writer) receives the premium and must fulfill the contract if the buyer exercises it.
FX:XAUUSDEducation
by SkyTradingZone
GOLD EXPLOSION: READY TO CONQUER NEW HEIGHTS?I. HOT NEWS 💥 Gold is experiencing its 4th consecutive monthly increase, reaching $4,192.78/oz (closing on 11/28) thanks to significant changes from the Fed. Interest Rate Reversal: Recent statements from the Fed Governor have increased the probability of a rate cut in December 2025 to 89% (up from 50% last week). Gold Connection: A low-interest-rate environment is a paradise for Gold, propelling it to become a safe-haven asset. The fundamental momentum is EXTREMELY STRONG. II. TECHNICAL ANALYSIS 📊 The price is approaching a critical supply zone. The current strategy is Buy on Dip with higher targets. Short-term Resistance Target (PDI): Price Range: $4,210 – $4,235 Strategy: Short-term resistance, requires a decisive Breakout to continue the upward momentum. Ultimate Target (FVG): Price Range: $4,260 – $4,330 Strategy: The next potential profit-taking target for Smart Money. Main Long target. Strong Demand Zone (OB - Order Block): Price Range: $4,046 – $4,064 Strategy: Strategic support (Demand Zone). A safe buying area if the price corrects deeply. III. CONCLUSION & RISKS 🎯 Market Sentiment: Strongly BULLISH thanks to momentum from the Fed. Focus: Monitor price action around $4,235. If surpassed, $4,330 is not far off. Warning: Always manage risk (SL) tightly. Do not trade without Price Action confirmation! #XAUUSD #GOLD #FOREX #FedDovish #RateCuts #SMC #OrderBlock #FVG #BullishTrend #TradingView
OANDA:XAUUSDLong
by Jeremy_NPC
L&T Finance Ltd.(LTF)Friends, if I tell you according to my subject, then in this year 2025, many stocks, basically financial services and banking stocks, have performed very well and among them L&T Finance,State Bank of India, Indian Bank, CANBK,CUB, ABCAPITAL . Among all these stocks, some selected stocks have performed well, among which BHARTIARTL, CHENNPETRO, HINDALCO, JSWSTEEL, NATIONALUM, HBLENGINE movement has been seen throughout the year. And LTF did wonders, it doubled in a year. The time cycle of all of them is very good, especially that of L&T Finance and in fact, if you get any chart of a short time cycle i.e. two months, three months,(45/60/90Days) such time frame, then it is very good and gives good results in less time.
NSE:LTFLong
by askbiswanath2025
3
Bat pattern in bajaj finance The shaded blue structure with points X – A – B – C – D is a harmonic pattern (looks like a bullish Gartley / Bat-type pattern): X → A → B → C → D marks swings in price. The little numbers like 0.803, 0.533, 0.911 are Fibonacci ratios used to validate the harmonic pattern. Point D is at the bottom right – that’s usually the potential reversal zone (PRZ) where price is expected to stop falling and start moving up. So: 👉 The pattern is suggesting bullish reversal from D (buyers stepping in around the lows near ₹990–1,000 area). --- Current price action After hitting D, price has bounced up and is now near ₹1,040+. The candles from D to current level show recovery, confirming that the pattern’s reversal is (so far) working.
NSE:BAJFINANCE1!Long
by Imdx_HKR
Canara Bank. (CANBK)Friends, Canara Bank is one of the charts giving the best returns in 2025. If you look at it in technical terms, it got more movement due to rounding bottom and that movement is still intact because the movement has not yet been completed on the side. If you measure the bottom, there was a 62% from the previous top, after the breakout there is a 62% opening, so that target can go up to 210.If the technology works properly, it should happen eventually. Currently, 6 Time cycles were found in 2025, of which 39 trading days (57Days). Were we found, two cycle (Q4,24-25 & Q225-26) of which were downside and four were upside. If you examine the fundamentals, it's clear that any quarterly results, whether sideways or downward, begin appearing on the charts a month before the announcement. Therefore, the quarterly time cycle isn't created after the quarterly results are announced, so some adjustments must be made to create the time cycle. I hope my investor friends are able to understand many things.
NSE:CANBKLong
by askbiswanath2025
XAUUSD is skyrocketing after the Adam & Eve pattern!OANDA:XAUUSD is really interesting right now. The price seems likely to rise further after the formation of the Adam & Eve pattern. With such an easy-to-remember name, the Adam & Eve pattern is one of the most memorable. Below, I’ll explain the reasons and how to easily recognize it. The Adam pattern is characterized by a sharp drop, followed by a quick recovery, forming a "V" on the chart. High, sharp, and aggressive! You could say it's more "masculine." On the other hand, the Eve pattern develops more slowly. The price becomes more rounded, forming a wider and smoother base before rising again, creating a shape similar to the letter "U." Softer, more curved, and more "feminine." Combining these two elements gives us the Adam & Eve pattern, which often signals a potential trend reversal. Especially when accompanied by fundamental analysis or other strong technical indicators. This pattern will stick in your mind when you connect its shapes to the male and female aspects. A pattern that's truly hard to forget.
OANDA:XAUUSDLong
by LauraCharts
LGBBROSLTD – Non‑Linear Base Breakout LGBBROSLTD has completed a long non‑linear base of about 14 months and has broken out above the 1,612 resistance zone with strong price momentum and rising moving averages, indicating a powerful trend continuation on the weekly timeframe. The current structure shows a rounded base, tight consolidation near highs, and supportive earnings and sales growth, making it a potential high‑momentum candidate for further upside if it sustains above the breakout level.
NSE:LGBBROSLTD
by TradeTravel_Explore
DYNAMATECH Price ActionDynamatic Technologies Limited (DYNAMATECH) is trading in a strong uptrend near the upper end of its yearly range, but with stretched valuations and signs of momentum fatigue, so it suits disciplined, trend-following trades with tight risk rather than fresh aggressive entries. ## Price zone and trend - Recent closes are around ₹9,100–9,300, after hitting a 52-week and all‑time high near ₹9,850 in November 2025, versus a 52‑week low near ₹5,440, which means price is holding in the top band of its yearly range and has already delivered strong multi‑month returns. - Medium- to long-term structure remains bullish, with price above 50-, 100-, and 200-day moving averages on most analyses, indicating an established uptrend despite recent sideways-to-slightly corrective moves. ## Momentum and valuation - RSI sits in the mid-30s, reflecting cooling momentum after the recent high rather than a full breakdown, while indicators like MACD lean short-term bearish even as ADX stays strong, a typical “trending but pausing” setup. - Valuation is rich, with trailing P/E well above 100x in some snapshots, signaling that a lot of future growth is already priced in and any earnings disappointment or macro shock could trigger sharp mean reversion. ## Key levels and trading view - Immediate support lies in the ₹8,700–8,800 zone (recent swing and day’s low cluster), with deeper support toward ₹7,600 if correction extends, while resistance is around ₹9,800–9,900 and then psychological ₹10,000. - For tactical trading, higher-probability setups are: - Buying on dips toward support with confirmation (strong intraday rejection or volume pickup), targeting retests of the highs, and using tight stops just below the support band. - Avoiding fresh longs on straight breakouts after vertical runs unless accompanied by clear volume expansion, and being cautious with shorts given the still-bullish higher timeframe trend and relatively low beta.
NSE:DYNAMATECHLong
by KamalKJoshi