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Parallel Channel

Rising Channel+RSI Divergence=Reversal Setup in Adani EnterpriseHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a setup in Adani Enterprises , where we’re spotting a short-term reversal opportunity inside a clean rising channel . Price recently tested the channel support for the 3rd time and gave a solid bounce, which is also confirmed by a bullish RSI divergence . This combo often works as a reliable early reversal signal for positional or intraday swing traders. Here we are expecting at least 4%+ move behalf of this setup. This trade is completely logic based so i placed Stop loss around 2461 for controlled risk. for the targets please check the chart above i have mention there. Reward-to-Risk Ratio looks favorable here , especially with clear trend structure and momentum support from RSI. Let’s see how this setup plays out! If you liked this breakdown, don’t forget to LIKE & FOLLOW for more real chart setups, data-backed ideas, and smart money zones. Disclaimer: This post is for educational purposes only. Do your own research or consult a financial advisor before investing.
NSE:ADANIENTLong
by TraderRahulPal
47% Potential Upside in Route Mobile? Channel Reversal Analysis!Hello Everyone, i hope you all will be doing good in your life and your trading as well! In today's post, i have brought a very interesting reversal setup on Route Mobile Ltd. After spending over 2 years inside a falling channel , the stock has recently shown a sharp bounce right from the long-term channel support , which has held strong since 2022. Not just that, this bounce came with a strong volume spike , hinting at fresh buying interest. The current price action structure is clearly indicating a potential trend reversal from the lows. I have marked a Good Accumulation Zone between (1100-1030) , where smart money seems to have stepped in. If this setup works out, I am looking we can see good spike in coming few weeks, Please check chart above to know about the targets. To manage risk, I have kept a safe Stop Loss at 863 , which is approx 12% downside , while potential upside is over 47% . That gives us a solid risk-reward structure for positional traders. Technicals Match Fundamentals: Route Mobile is a strong player in global cloud communications, working with big names across the world. Long-term fundamentals remain stable, and the chart now supports a technical reversal. If you enjoy such chart-based trade setups backed by structure and logic, don’t forget to LIKE & FOLLOW for more. Disclaimer: This idea is purely educational. Please consult your advisor before investing.
NSE:ROUTELong
by TraderRahulPal
4
Maruti Moves Steadily Higher Within a Structured Bullish ChannelTopic Statement: Maruti is on a moderate bullish run, trading within a defined uptrending channel and supported by key price levels. Key Points: * The stock is moving in an uptrending channel, making it suitable for consistent channel-based trading * Price remains mostly above the 180-day EMA, offering good accumulation opportunities near the EMA * Strong support has been observed at the 13,000 level, with crucial long-term support around 11,000 * A breakout above or below these levels could lead to significant directional movement
NSE:MARUTILong
by yogeshwar
5
Sensex - Expiry day analysis June 10After gap up, price moved in a very narrow range. Near by support is at 82300 and resistance is at 82500. Price have to break these two levels with strength to move up further. Buy above 82300 with the stop loss of 82160 for the targets 82440, 82560, 82700, 82860, 82980, 83120, 83220and 83360. Sell below 81960 with the stop loss of 82100 for the targets 81840, 81700, 81560, 81400 and 81260. Expected expiry day range is 81800 to 82900. Always do your own analysis before taking any trade.
BSE:SENSEX
by vanathi
TATA STEEL: At a make-or-break level• Tata steel is trading between two different channel system for the last one year. • On 19th May It broke out from channel system 1 • On 25th May it broke the channel system 2 with good volume. • There after the market is sideways and there is a volume contraction is observed. • Weekly candle is indication a bearish piersing • A fake BD below level 160 could lead the price on channel system 2 and EMA 21 around 156.5 • A free fall might happen there after. • Go long only if a strong bullish marubuzo closing above 166. • Wait and watch the show!!!
NSE:TATASTEEL
by trader_ghosh
Relative Strength or weakness in Auto sectorLet's see if this makes lower high but this sector does not look the strongest for sure Stocks in this index: NSE:MARUTI,NSE:M&M,NSE:TATAMOTORS,NSE:BAJAJ-AUTO,NSE:EICHERMOT,NSE:TVSMOTOR,NSE:MOTHERSON,NSE:BOSCHLTD,NSE:HEROMOTOCO,NSE:ASHOKLEY,NSE:BHARATFORG,NSE:TIINDIA,NSE:MRF,NSE:BALKRISIND,NSE:EXIDEIND Will have to check Ancillaries separately as there are many stocks which are coming in scans from Ancillaries space. We are also facing rare magnets issue in the short term. This is how you can use ratio charts to gain an extra edge. Source: x.com DISCLAIMER: NOT A SEBI REGISTERED ANALYST. NO RECOMMENDATION TO BUY AND SELL
NSE:CNXAUTO
by mohit_sidana
Gold Uptrend Continues June 6, 2025As yesterday Gold made high of 3403, I was expecting to cross upto 3430 but it dropped sharply. News was strong and as it made cautious to investors and safe heaven asset declines moved back to riskers market to 3340. Now today you can check a pattern and gold is moving in that support and resistance, expecting it to move upward. Currently the situation is unexpected as gold may come down to 3340 and then move upward or directly upward from 3358. Our target is 3375-3389-3400. Key point. Resistance - 3360, 3375, 3389, 3400 Support - 3340, 3354 Any Query Reach Us or comment down Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right. RISK WARNING 🔴 🔴 🔴 There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility. HAPPY TRADING. #gold #xauusd #xauusdtrading #goldtrading #goldanalysis #forextrading #forex #trendline #goldsignals #goldnews goldlatestanalysis #xauusdtradesetup #forextradingguide #fxgold
TVC:GOLDLong
by rudravasaikarrr
2
Patanjali Foods Ltd (NSE: PATANJALI) technical chart breakdown.Patanjali Chart Structure & Price Action The stock has been trading within a descending channel, bounded by the blue trendlines. It recently bounced from a major demand zone (~₹1,698) marked by the green support line that has absorbed liquidity multiple times ("Taken multiple liquidity"). Price is now slowly recovering from this base. Current Scenario CMP: ₹1,747 Immediate Resistance: ₹1,783 (horizontal level) ₹1,818–₹1,835 zone (upper boundary of the falling channel) Break and sustain above ₹1,783–₹1,835 could trigger a trend reversal. Upside Targets Target 1: ₹1,830/Target 2: ₹1,904 Previous structural high Target 3: ₹2,011 Recent swing high Total upside from breakout: ~8.76% Support Levels ₹1,698 – Critical demand zone (green) ₹1,650 – Next strong support ₹1,570 – Long-term support base (green zone) Simple Explanation Patanjali Foods rebounded from a high-liquidity support area and is now showing signs of bullish recovery. A breakout above ₹1,783 could take it back to the ₹1,900–₹2,000 range. Risk is well-defined below ₹1,698. Watch for volume and price action confirmation near the upper channel. Like, comment your thoughts, and share this post Explore more stock ideas on the right hand side your feedback means a lot to me! Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
NSE:PATANJALILong
by iVishalPal
ICICI Bank Powers to Lifetime High Within a Strong Bullish ChannTopic Statement: ICICI Bank is on a robust bull run, steadily advancing within a strong uptrending channel. Key Points: * The stock is moving upwards in a strong bullish uptrending channel, making channel-based trading highly effective * It is currently trading at its lifetime high, reflecting continued strength and investor optimism * The price has highly overextended above the 200-day EMA, indicating the stock is highly overbought and may be poised for a cooling-off phase
NSE:ICICIBANK
by yogeshwar
SURAJEST : Short Term Trade (1-3 Months)#SURAJEST #parallelchannelbreakout #breakoutstock #trendingStock #Momentumstock SURAJEST : Short Term (1-3 Months) >> Parallel Channel Breakout >> Breakout Candidate >> Trending Stock in Momentum >> Good Strength in Stock >> Recent Volume Buildup >> Good Upside Potential Swing Traders can lock profit at 10% and keep trailing Disc : Stock charts shared are for Learning purpose and not a Trade recommendation. Pls consult a SEBI Registered Advisor before taking position in it.
NSE:SURAJESTLong
by moneyfesttrading
MANBA : Momentum stock (swing pick)#MANBA #breakoutstock #vcppattern #parallelchannelbreakout #momentumstock MANBA : Swing Trade >> Parallel Channel Breakout >> VCP pattern formation >> Trending Stock >> Breakout Candidate >> Good Strength & Volumes Dried up Swing Traders can lock profit at 10% & keep trailing. Disclaimer : Stock Charts shared are for Learning Purpose and not a Trade recommendation. Consult a SEBI Registered Advisor before taking position in it. Even Technical Analysis is not 100%, so I reserve the Right to be wrong.
NSE:MANBALong
by moneyfesttrading
: Plastiblends India Ltd (PLASTIBLEN)- Descending Channel Patter🚀 Breakout Watch: Plastiblends India Ltd (PLASTIBLEN) 📍 CMP: ₹211.75 📊 Volume: 80.3K 📅 29 May 2025 Plastiblends has just triggered one of the cleanest Descending Channel breakouts seen lately — and it comes with heavy volume, structure integrity, and visible accumulation signs. This is a high-quality price action setup worth tracking closely. 🔹 1. Pattern Structure – Descending Channel (9 Months) Price has been trapped in a downward-sloping channel for nearly 9 months, respecting a consistent pattern of lower highs and lower lows. But here’s the key: since early April, price has been forming higher lows, grinding toward the upper trendline resistance. Today, the stock closed above the channel, clearing the red resistance trendline decisively. This marks the end of a long consolidation cycle and could be the beginning of a trend reversal breakout. 🔹 2. Volume Behavior – The Tell Before the Move Volume has quietly been building over the past 3 weeks — signaling silent accumulation. Today's breakout came on 80.3K volume, significantly above the average of the past few months. What makes this special is that volume surged before price, a classic sign of smart money entering before confirmation. 🔹 3. Breakout Candle – Strength & Intent Today’s candle is powerful — wide-range, full-body, with minimal upper wick, closing +9.09% higher. This kind of momentum off a multi-month pattern rarely goes unnoticed. The breakout was clean, no wicky rejections, no fakeouts. This isn’t just a breakout — this is a price declaration. 🔹 4. Trade Setup – Structure-Based Plan 📌 Entry: ₹210.5–₹214 (post breakout) 🛑 Stop-loss: ₹193 (below recent base) 🎯 Target Zone: ₹240 (swing), ₹265+ (measured move) Measured move: Channel height ≈ ₹265 – ₹170 = ₹95 Breakout from ₹210 + ₹95 = ₹305 (longer-term potential) Risk:Reward → Risk = ₹17, Reward = ₹54+, So you’re looking at an R:R of ~1:3+
NSE:PLASTIBLENLong
by Mr_Chartist_
ITC Approaches Key Support Within Mild UptrendTopic Statement: ITC is trading in a range with a slight bullish tilt, presenting structured opportunities within a defined channel. Key Points: * The stock is moving within a slightly bullish up-trending channel, making it suitable for channel-based trading * A head and shoulders candlestick pattern is emerging, which may signal potential short-term weakness * The price is nearing the 180-day EMA, making levels near or below it attractive for long-term buying opportunities
NSE:ITC
by yogeshwar