ITDC: Bullish Breakout Attempt After Strong UptrendChart & Instrument:** India Tourism Development Corp. Ltd. (ITDC) - NSE, 1D Timeframe
Analysis :
ITDC is exhibiting strength as it tests a key resistance level, poised for a potential continuation of its primary uptrend. Here's a breakdown of the technical picture:
Established Uptrend : The stock has been in a sustained uptrend since April 2025, rallying from a low of ₹467 to current levels near ₹600.
Bullish Momentum: price has closed at ₹599.50, comfortably above the key Exponential Moving Average (EMA) of ₹591.13, confirming near-term bullish momentum.
Neutral RSI: The RSI reading of ~53 is in neutral territory, indicating there is plenty of room for the stock to run before becoming overbought.
Key Resistance: The immediate and critical hurdle is the recent high of ₹603. A decisive break and close above this level are crucial for the next leg up.
Trade Idea & Prediction:
We anticipate a bullish breakout above the ₹603 resistance
Trigger: A confident break and daily close above ₹603.
Profit Target 1: ₹640 (Initial target based on previous swing highs).
Profit Target 2: ₹. 680 (Extended target, aligning with the upper boundary of the trend channel).
Stop Loss: ₹580 (A break below this key support level would invalidate the bullish setup and signal a short-term pullback).
Disclaimer :This is not financial advice. Always conduct your own research (DYOR) and manage your risk appropriately.
#ITDC #NSE #StockMarket #Trading #TechnicalAnalysis #Breakout #Investing
Community ideas
LiamTrading – GOLD Weekly Plan ..GOLD Weekly Plan: Prepare for a Breakthrough to a New ATH
The new trading week opens with extremely complex sentiments — many traders are confused, and even the “big players” are cautious.
But if you look closely at the price structure, everything becomes clear: gold is still in a sustainable uptrend.
🧠 Psychological & Trend Analysis
Gold has just closed the week with a strong upward momentum, confirming the continuation of the medium-term uptrend.
At this stage, “Selling at the peak” is almost a dangerous move – as each correction is shallow and quick, not allowing sellers enough time to exit.
This creates a strong “fear of missing out” (FOMO) sentiment – driving funds to continue pouring in when the price hits the trendline or technical retracement zones.
📊 Technical Analysis
On the H4 chart, the upward structure of gold is clearly visible following the impulse + correction box pattern (each accumulation – breakout repeats).
The 3820–3830 zone continues to be the “golden retracement point” as it coincides with the medium-term uptrend line.
Last week's bounce from this zone brought excellent profits for those who patiently waited.
Currently, the next target for gold lies at the Fibonacci 1.618 zone – around 3980, which is also a significant psychological level where many investors might take profits.
🎯 Trading Scenario
Buy setup (trend-following):
Entry: 3830
Stoploss: 3815
Take Profit: 3980
Sell reaction (short-term upon reaching target):
Entry: around 3980
Stoploss: 3988
TP open depending on price reaction (scalping strategy)
🔍 Conclusion
Gold is still on the right growth trajectory, with short corrections merely opportunities to “accumulate”.
Continue trading with the trend, patiently waiting for the price to retrace to strong confluence zones instead of FOMO at high prices.
I will continue to share more details in daily updates here.
Follow me to not miss the latest gold scenarios.
Bitcoin Breaks Out of Descending Channel: Supply Zone to Support
This 4-hour chart of Bitcoin (BTC/USD) highlights a breakout from a descending channel after a prolonged consolidation phase lasting over 16 days (99 bars).
🔻 A clearly defined supply zone (marked in red) acted as a major resistance area, rejecting price multiple times before the breakout. The breakout above this zone indicates a shift in market structure, with bullish momentum gaining strength.
🟡 The breakout was followed by sustained buying pressure, pushing BTC upwards toward the $118,000 region. Price has since pulled back slightly and is now hovering around $115,500 — retesting the previous resistance zone, now potentially acting as support
Volcanic Cup & Handle Breakout Imminent! (Swing/Positional)Script: NSE:ABCAPITAL | Timeframe: Daily | Pattern: Cup and Handle | Idea: Swing/Positional
Idea Analysis:
Aditya Birla Capital is demonstrating exceptional strength! After a brilliant bullish run that defined the right side of its Cup, the stock is now completing a bullish consolidation and is primed for its next major breakout.
The Powerful Run: The stock exhibited explosive momentum as it rounded off the bottom of its Cup, rallying powerfully from its lows to re-test the key resistance near ₹290. This strong impulse move is a clear sign of dominant buying interest.
The Short Rest: Following every strong run comes a period of rest. Since its peak, the price has been forming the Handle of a large Cup & Handle pattern. This isn't a sign of weakness, but a healthy bullish consolidation—a catch of breath where the stock digests its previous gains.
The Next Leg: This handle has now tightened sufficiently, bringing volatility to a contraction point. The stock is coiling at the handle's upper trendline, suggesting the "short rest" may be over. A breakout would signal the beginning of the next leg up in the larger bullish narrative.
Why This Looks Bullish:
Strong Momentum: The prior run proves there are strong buyers in this stock.
Constructive Action: The handle is a classic bullish continuation pattern or VCP (Volatility Contraction Pattern)
Volume Confirmation: A breakout with high volume will confirm the resumption of the uptrend.
Trade Strategy:
For Both Swing & Positional Traders:
Entry: On the closing of a candle that breaks above the trendline. The ideal candle is thick and green with minimal upper wick, confirming the end of the rest period.
Stop Loss (SL): Low of the breakout candle or ₹267 (Placed below the very recent low).
Stop Loss (SL) (Positional): ~₹243 (Low of the handle's low)
Target 1 (Swing): Initial Risk-to-Reward 1:2. Trail stops after.
Potential Long-term Target : ~₹410 (2-3 months horizon)
Key Levels:
Pattern Breakout: Above the trendline.
Major Support/Stop Level: ₹243
Positional Target (Pattern Projection): ₹400/410
⚠️ Disclaimer:
This post is for educational purposes only and does not constitute financial advice. Trading stocks involves substantial risk of loss and is not suitable for every investor. The price targets and levels are hypothetical projections based on technical analysis and are not a guarantee of future performance. Always conduct your own research and consider your risk tolerance before making any investment decisions.
👍 If you agree with this analysis, please give it a Boost!
💬 Which stock would you like to see featured in the next technical breakdown? Let me know in the comments!
GOLD DAILY – MACRO VIEW FOR LONG-TERM GOLD
Hello everyone 👋
Today is the weekend, let's review the gold movements to gain insights for the upcoming trading week.
The weekly candle closed at 3,886.5 – a high level that most investors did not anticipate. The daily candle, almost fully bullish, has strongly reinforced the main bullish trend of gold in the medium and long term.
🔎 Technical View
Analyzing through Fibonacci extension, the next target for gold lies at the 4,000 mark, coinciding with the Fibo 1.618 level and a significant psychological resistance zone.
This is a confluence zone between technical and psychological factors, expected to have a strong reaction when the price approaches this area.
The current upward trend is almost unwavering, bolstered by macro factors – US political instability is causing uncertainty for the USD.
💡 Macro View
The US government shutdown is indefinite, economic data is delayed, causing market confusion.
The USD is weakening, while gold becomes a safe haven.
This scenario continues to reinforce the long-term upward trend of gold, especially as investors seek assets that preserve value.
⚖️ Long-term Scenarios and Strategies
1️⃣ Long-term Buy Scenario:
Entry: around 3,640 – 3,650
Reason: This is a strong support area on the Volume Profile chart, where large liquidity is concentrated.
When the price returns to this area, the pressure to take profits and release sell positions from trapped traders will create a strong price rebound effect.
This is the most potential buying zone in the medium term.
2️⃣ Short/Medium-term Reaction Sell Scenario:
Entry: around 4,000
Reason: This is a confluence resistance zone of technical (Fibo 1.618) and psychological (round number) factors.
Prioritize short-term reaction sells, capturing the pullback if gold hits the peak.
⚠️ Risk Management Note
Trading on larger time frames requires good capital and management skills, as the stop-loss range is higher compared to shorter frames.
Do not enter trades too early without confirmation signals from the price zone.
Always clearly define the time frame and profit expectations before entering a trade.
📈 Summary:
The long-term trend of gold remains upward, with a medium-term target towards $4,000.
Buying around 3,640 is an attractive price zone for accumulating long-term positions.
Sell reactions around 4,000 if there are clear reversal signals.
👉 If you want to follow daily updated scenarios, please follow me
QPOWER - Breakout Setup, Move is ON...#QPOWER trading above Resistance of 1009
Next Resistance is at 1305
Support is at 732
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Swing Trade Journey – Trade 8: Copper FuturesTrade 8 Log
Long in #CopperFut at ₹972 on 03/10/2025
Gap-up entry executed as per alert.
Reasoning:
Price triggered the alert on a gap-up opening, confirming strength after consolidation. Trend remains intact above short-term averages with momentum favouring continuation. Setup offered a clean entry with limited downside risk.
Tracking this as part of my swing trade journey — recording setups, risks & outcomes.
#TradingJourney #CommodityTrading #SwingTrading #Copper #Futures
Inverted Head and Shoulders - Tale of a Bullish Reversal Pattern> Chart presents a textbook Inverted Head and Shoulders pattern on the weekly timeframe—one of the most reliable bullish reversal formations in technical analysis. This sophisticated pattern structure demonstrates the gradual shift from bearish exhaustion to bullish momentum, offering astute traders a high-probability setup.
> Anatomical Breakdown of the Pattern
- Left Shoulder: Initial decline to approximately ₹280 levels, followed by a relief rally—representing the first phase of selling pressure exhaustion
- Head: The decisive low zone forming the deepest trough—marking the capitulation point where maximum bearish sentiment peaks
- Right Shoulder: Higher low formation, demonstrating diminishing selling pressure and emerging buying interest
- Neckline: The critical resistance zone connecting the intermediate highs—serving as the pattern's confirmation level
> The Right side chart showcase the Daily time frame movement forclear outlook on Multi time frame basis .
Disclaimer: Technical analysis provides probability-based insights. Always implement proper risk management and consider multiple timeframe confirmations before executing trades.
Muthoot Finance Limited - Breakout Setup, Move is ON...#MUTHOOTFIN trading above Resistance of 3077
Next Resistance is at 3743
Support is at 2498
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Swing Trade Journey – Trade 7: Tata Steel FuturesTrade 7 Log
Entered #TataSteelFut at ₹174.2 on 03/10/2025
Stop Loss: ₹170.5
Reasoning:
Price reclaimed the 20-day moving average with strength and has been consolidating above support. Momentum indicators suggest a possible continuation toward higher levels with a favourable risk-reward setup.
Tracking this as part of my swing trade journey — recording setups, risks & outcomes.
#TradingJourney #StockMarketIndia #SwingTrading #TataSteel #Futures
Swing Trade Journey – Trade 6: Belrise Industries LtdTrade 6 Log
Entered #Belrise at ₹161 on 03/10/2025
Stop Loss: ₹156.5
Reasoning:
The stock is trading above the 20-day moving average, forming a tight base with low volatility. The setup offers a clean risk-reward with signs of trend continuation.
Tracking this as part of my swing trade journey — recording setups, risks & outcomes.
#TradingJourney #StockMarketIndia #SwingTrading #Belrise
Swing Trade Journey – Trade 5: Shipping Corporation of India (SCTrade 5 Log
Entered #SCI at ₹226 on 03/10/2025 (Was outside, couldn’t update live)
Stop Loss: ₹221
Reasoning:
Price took support near the 20-day moving average and is trading in a tight consolidation zone. The setup offers a favourable risk-reward structure with signs of accumulation and strength emerging on volume.
Tracking this as part of my swing trade journey — recording setups, risks & outcomes.
#TradingJourney #StockMarketIndia #SwingTrading #SCI
HDFC Bank Ltd (HDFCBANK)- Analysis Trend is bullish however if you wish to maximize the profit Any bounce in the stock will be a good opportunity to book the profit in the stock and wait for it to come around 842 to 816 price for better entry price. If it comes around 735 to 635 would be the best price with Stop loss of 600
Targets can be around 1200 to 1300 for
Above 980 bullish and below 923 bearish
If it comes around 1030 to 1070 consider booking profit
Rest of the levels are marked on chart.
**Consider some Points buffer in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
BANKNIFTY: A CASE STUDY ON POSSIBLE INVERTED H&S BREAK OUT!!!• BN have formed a inverted head and shoulder pattern.
• A strong base has been formed with solid volume
• Possibility of a breakout is likely on next TRADING SESSION.
• US – INDIA tariff settlement might cause violent up move.
• Go long once and hour candle closed above the neckline.
• Levels and stoploss are marked in the chart.
• Position sizing and money management is the key to trading success. Hence trade with psychology.
• Education purpose only. Happy trading.
XAU/USD Near Record Highs: Key Data AheadGold (XAU/USD) Technical Outlook – October 3, 2025
1. Macro & News Context
Gold is holding near record highs, heading for its seventh consecutive weekly gain, supported by expectations that the Federal Reserve will continue cutting rates and by concerns around the ongoing U.S. government shutdown. Spot prices have recently tested the ₹3,890–3,900 region and are now consolidating around ₹3,860.
Nonfarm Payrolls (NFP) – Typically scheduled for 18:00 IST on the first Friday of the month, the September jobs report is likely to be delayed due to the U.S. government shutdown.
Key event to watch today:
ISM Services PMI (September) will be released at 19:30 IST. Since ISM data is privately produced, it will be published regardless of the shutdown and may serve as the main volatility catalyst in today’s U.S. session. 【ISM】
Labor market signals: Challenger job cut data showed lower layoffs in September, but planned hiring at the lowest level since 2009, reinforcing a softer employment backdrop. Combined with the Fed’s recent 25 bps rate cut (to 4.00%–4.25%), this continues to support the bullish gold narrative.
USD trend: The dollar has weakened broadly this week, aligning with market bets on further monetary easing. This backdrop provides an additional tailwind for gold.
2. Technical Landscape (H1 Chart)
The attached chart highlights key technical zones and a completed Harmonic XABCD pattern on the 1H timeframe:
Support levels:
Near-term: ₹3,844–3,841
Deeper: ₹3,827 (intraday pivot), ₹3,792 (strong low)
Strategic: ₹3,764–3,770 (Bullish Order Block)
Resistance levels:
Immediate: ₹3,865
Strong supply: ₹3,880–3,890 (Bearish Order Block)
Extended target: ₹3,930–3,940 (Sell Scalping | Fibo zone)
Momentum: After bouncing from point D of the harmonic structure, gold has been forming higher lows (HL). Price currently sits above the longer-term moving average and is testing the shorter-term average, suggesting a constructive short-term bias as long as supports hold.
3. Trade Scenarios
Scenario 1 – Buy-the-dip (preferred bias)
Entry zone: ₹3,844–3,841
Stop loss: Below ₹3,827 (safer: below ₹3,792)
Targets:
₹3,865 (first take-profit)
₹3,880–3,890 (major supply)
Stretch: ₹3,930–3,940
Rationale: Higher low formation, bullish macro backdrop, aligned with strong weekly uptrend.
Scenario 2 – Countertrend short at resistance
Trigger zone: ₹3,880–3,890 (Bearish OB)
Confirmation: Rejection candles (H15–H1) such as wicks, engulfing, or failed breakout.
Stop loss: Above ₹3,895–3,900 (or above ₹3,945 if price spikes into the ₹3,930–3,940 fib zone).
Targets: ₹3,865 → ₹3,844 → ₹3,827
Rationale: Potential liquidity sweep ahead of ISM, with profit-taking likely near supply zones.
Scenario 3 – Breakdown through support
Trigger: 1H close below ₹3,841
Path: ₹3,827 → ₹3,792 (Strong Low) → ₹3,764–3,770 (Bullish OB)
Rationale: Loss of intraday structure would flip bias short until major demand zones.
4. How to Trade Around Today’s Data
If NFP is indeed delayed, the 18:00 IST slot may bring limited volatility.
Focus instead on the ISM Services PMI at 19:30 IST, which could trigger sharp swings in both USD and gold.
Adjust position sizing: Expect spread widening and slippage around the release. Reduce leverage or scale into positions.
5. Risk Management
Limit risk per trade to 0.5–1% of account equity.
Avoid chasing price once levels are tested; wait for H15–H1 candle closes for confirmation.
Monitor the U.S. Dollar Index (DXY) and Treasury yields – further dollar weakness would reinforce bullish gold setups.
🔑 Key Takeaway
Gold remains structurally bullish in the broader trend, with immediate support at ₹3,841–3,844 critical to maintain upside momentum. Watch for reactions around ₹3,880–3,890 and ₹3,930–3,940. With NFP possibly delayed, the ISM Services PMI at 19:30 IST will be today’s most important catalyst for directional moves.
BTC TODAY'S HIGH MAY NOT BE BROKEN FOR THE DAY This chart is 15 minues,there is resistance marked in red horizontal line will not be tested for the day and as gann fann is ploted will be followed by BTC.i
Cross point may be reacted and GREEN ASCENDING channel will work as support and resistance and YELLOW LINE as well.
this is not my buy or sell call.
BEL (Bharat Electronics Ltd) – Technical SetupPattern: Symmetrical Triangle breakout visible on the daily chart.
Breakout Confirmation: Price has moved above the triangle resistance trendline with rising volume.
Targets (Fibonacci-based):
1st Target: ₹435
2nd Target: ₹480
3rd Target: ₹512
Stoploss: ATR-based, below support zone (~₹395–₹400).
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🔎 Multi-Timeframe Check
Daily: Strong breakout setup with RSI > 60, MACD crossover supportive.
Hourly: Needs sustained close above breakout for confirmation.
Weekly: Still consolidating → needs alignment for a stronger positional view.
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🌍 Macro Drivers
Sector Theme: Defense + Infrastructure remain in focus.
Policy Tailwind: “Make in India” defense push supportive for long-term growth.
Global Context: Rising defense spending globally adds sentiment support.
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📝 Reflection / Post Context
"BEL is showing a symmetrical triangle breakout on the daily chart, backed by volume and positive momentum. While hourly/weekly charts are yet to fully align, the macro backdrop of defense and infrastructure support the bullish bias. ATR-based stoploss below ₹400, with upside targets at ₹435, ₹480, and ₹512."
#Nifty Weekly Analysis 06-10-25 to 10-10-25#Nifty Weekly Analysis 06-10-25 to 10-10-25
24750-25080 is the sideways range for nifty next week.
Long above 24920 for the targets of 25000/25080.
24750 is the support for this week and also
ideal pull back level for long for the targets of 24900/25080.
Short level is only below 24700 for the targets of 24600/24500.
View: Sideways to Upside.
Breakout Play: Demand Zone Reversal with High R:R TargetOverview :
This idea focuses on a breakout trade for Solana (SOLUSD), leveraging recent price action and volume signals at a key demand zone. The setup is designed for a high risk-to-reward ratio based on technical structure and confirmation tools.
Trade Setup & Logic:
• Entry: Price retraced to retest the 225–230 support zone, which previously acted as resistance and now converts to demand. Entry is triggered by a strong bullish candle closing above 231.5 with an uptick in volume, confirming renewed buyer interest.
• Stop Loss: Placed below 225, the lower bound of the highlighted demand area, to minimize risk if support fails immediately.
• Targets:
Target 1: 241 (first major supply zone and prior swing high).
Target 2: 253.70(multi-week trend resistance, aligns with fib extension and liquidity clusters).
• Risk-Reward: A minimum R:R of 1:2 is targeted. Stop loss is tightly managed once price moves in favor, with trailing stop as price approaches Target 1.
Technical Factors:
• Support/Resistance: The purple highlighted zone shows a confluence of prior reversal points and volume spikes, indicating strong institutional activity.
• Structure Confirmation: Entry is only valid upon a clear bullish reversal signal above the support zone and confirmation of above-average volume.
• Market Context: Recent downtrend is breaking, with higher lows and higher highs. Supply absorption observed at the retest supports the bullish thesis.
Trading Plan:
• Wait for price to close above 231.5 with volume confirmation before entering.
• Adjust stop loss to breakeven after Target 1.
• Take partial profits at Target 1, let remainder ride up to Target 2.
Final Notes:
Discipline and patience are essential—trade only on confirmation to avoid false breakouts. Self-research is recommended, and risk should always be managed per personal capital allocation protocols
Disclaimer: This is a technical analysis idea, not financial advice. Please perform your own due diligence before trading.