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JAMNAAUTO - VCP Pattern Near Breakout📊 JAMNA AUTO (JAMNAAUTO) – VCP Pattern Near Breakout | RSI Momentum | Volume Surge | Daily Chart 📅 Chart Date: June 26, 2025 📈 CMP: ₹94.32 (+4.60%) 📍 Ticker: NSE:JAMNAAUTO 🔍 Technical Analysis Summary ☕ Cup & Handle Formation The chart shows a well-formed Cup & Handle pattern Neckline resistance at ₹94.48 – a break above this zone could trigger bullish continuation Pattern suggests accumulation and breakout setup after prolonged downtrend reversal 📈 Volume Rising volume on recent candles, supporting strength of potential breakout Volume above 3.3M confirms strong buying interest 📊 RSI Indicator (14) RSI currently at 63.87 and rising Multiple historical RSI Bullish crossovers visible during base and handle formation RSI > 60 indicates momentum is favoring bulls 📍 Key Price Levels ✅ Breakout Zone (Neckline): ₹94.48 🚀 Upside Targets (Post-breakout estimate): ₹102 ₹110 ₹120+ 🛡️ Support Zones: ₹90 (immediate) ₹85 (handle base) ₹80 (cup base) 📌 Trade Setup Idea Entry: On breakout above ₹94.50 with volume SL: Below ₹89 Targets: ₹102 → ₹110 → ₹120+ Risk-Reward: Good, considering rounded base and handle plus RSI confirmation ⚠️ Disclaimer This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.
NSE:JAMNAAUTOLong
by PriceAction_Pulse
“Ghost Wick” Rejection Setup – Invisible Candle Setup from LTF!Hello Traders! Today, let’s explore a powerful intraday price action concept that most traders completely miss — the “Ghost Wick” Rejection Setup . These are subtle but strong rejections that only show up on 1-min or 2-min charts , often disappearing or getting absorbed on 5-min or higher timeframes. If you’ve ever felt like your breakout failed but others caught it — this is what they saw! What is the Ghost Wick Rejection Setup? Appears Only on Lower Timeframes: You’ll notice sharp rejections with long wicks on 1-min or 2-min charts — but those wicks vanish on higher timeframes. Happens at Key Levels: These setups often occur around VWAP, supply/demand zones, or previous highs/lows. Used by Scalpers & Smart Money: Institutions and pro scalpers use these short-term traps to grab liquidity and reverse quickly. How to Trade the Ghost Wick Setup Watch Key Zones on 1–2 Min Chart: Look for long rejection wicks forming right at structure (VWAP, previous day’s high, etc.). Wait for Confirmation Candle: Once the wick forms, wait for a strong opposite candle with higher volume or engulfing structure. Enter with Tight SL: Enter at close of the confirmation candle. Place SL just above the wick (for shorts) or below (for longs). Target Logical Zones: Go for quick 1:2 or 1:3 scalps — next support/resistance or VWAP reversion. Real Example from Nifty Future Chart – 2 Min Timeframe (10th June Opening Candle) In the chart above, you’ll see how a sharp rejection candle formed exactly at the VWAP line , followed by a breakdown. The “ghost wick” rejection triggered a precise short trade with a clean move downwards. The setup achieved nearly 1:1.9 RR , showing how accurate this rejection can be when spotted early. Options Premium Chart on right side (Nifty 25350 PE) To show how it impacts option Traders or scalpers — the 25350 PE premium spiked right after this rejection, hitting an exact 1:2 Risk-Reward target . It’s a perfect demonstration of how this setup works even for options traders, especially those trading momentum scalps. Why This Setup Works Retail Traders Miss It: Most people trade 5-min or 15-min charts and never see this trap setting up. Algos Trigger Liquidity: These rejections are engineered to trap early breakout traders and reverse with force. Scalping Precision: This setup allows tight stop losses with high R:R in just a few candles. Rahul’s Tip Use this only in high-volume environments — like market open or near key news events. Also, confirm with levels marked from higher timeframe. Don’t scalp in the middle of nowhere! Conclusion The “Ghost Wick” Rejection Setup is an advanced scalping trick that can massively improve your accuracy. It’s invisible to most — unless you’re watching closely on LTFs. Once you master it, you’ll never see price action the same way again. Have you noticed ghost wicks before? Drop a 🕯️ in the comments if you’ve traded one! If you found this post valuable, don't forget to LIKE and FOLLOW! I regularly share real-world trading setups, actionable strategies, and learning-focused content — all from real trading experience , not theory. Stay connected if you're serious about growing as a trader!
NSE:NIFTYEducation
by TraderRahulPal
UNO MINDA – Ready to Revisit All-Time Highs?UNO Minda is showing strength after breaking out of a falling trendline channel. The stock is now hovering near the ₹1038–1044 supply zone with a strong volume base at ₹1018. Observations: Multiple trendline breakouts Price holding above POC at ₹1018 Minor consolidation below resistance If it sustains above ₹1044, the next logical target is ₹1130+. Support remains strong at ₹1018 and ₹980. As long as price holds above these levels, the structure remains bullish. 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:UNOMINDALong
by iVishalPal
ETH Technicals Hint at Breakout — All Eyes on the 2588 Level📊 Cycle Structure: HWC (Higher Wave Cycle): Bullish 🔼 MWC (Middle Wave Cycle): Ranging 🔁 LWC (Lower Wave Cycle): Bullish 🔼 The overall market structure leans bullish. With both HWC and LWC pointing upward, the directional pressure favors long setups. ❗️If you're looking for a short position, this analysis isn't for you. 🔍 Price Action Structure & Entry Scenario: A strong resistance zone at 2588 has already been tested four times. A fifth touch often increases the probability of a breakout — especially in a bullish-biased environment. A 1H ascending trendline sits right below the resistance, acting as dynamic support. 📌 My Strategy: Pre-Breakout Entry My approach focuses on entering before a confirmed breakout — riding the early wave toward resistance. This includes watching for compression, weak selling volume, and bullish candlestick structures. ⚠️ This method is inherently riskier, and the chance of getting stopped out is higher, so solid risk management is essential. 👥 Based on trading style, here’s how different traders might approach this: 🔁 Reactive traders can wait to see how price reacts at the trendline. 🔓 Breakout traders should wait for a confirmed 15min or 1H close above 2588. 🐳 Those expecting a sharp whale-driven move may consider placing a Buy Stop Order above resistance. 🎯 Entry Levels & Risk Management: Aggressive Entry: Pre-breakout trigger near 2588 (riskier). Conservative Entry: Wait for a confirmed breakout candle above 2588. Stop-loss idea: Below the 1H trendline, acting as a dynamic support. 📉 Invalidation Level: My bullish outlook holds as long as we’re above 2387. If price closes below that, I’ll re-evaluate for a possible short — but until then, the focus remains on the long side. 💬 Want me to analyze a specific coin? Drop it in the comments — I’ll review and pick one for the next post. ⚠️ Without proper risk management, you're just a ticking time bomb. — PXA 📊
Long
by parsa_xa
Asian Session High-Low+India Market Opening Reaction–Must Know! Hello Traders! Most traders focus only on the Indian market’s open without realizing the hidden power of the Asian session highs and lows . The reaction around these levels during our market opening can provide a fantastic intraday setup! Today, I’ll show you how to use Asian session levels combined with Indian market open to catch clean trades . Why Asian High-Low Levels Matter Pre-Defined Support/Resistance: Asian session high and low create important reference points even before India opens. Liquidity Pools: Big players often place orders around these zones — making them natural traps or breakout points. Clear Bias for the Day: Price reaction at these levels can hint whether the day will trend or stay sideways. The Setup – Step-by-Step Guide Step 1 – Mark Asian Session High & Low → Asian session = from 5:00 AM to 9:15 AM IST → Plot horizontal lines at the highest and lowest points. Step 2 – Observe Price Behavior Near These Levels After India Opens → Rejection = Reverse (trade against breakout) → Break + Retest = Trend Continuation Step 3 – Entry, Stop Loss & Target → Entry: After confirmation candle (like engulfing, pin bar) at Asian High-Low → SL: Few points beyond the high/low → Target: 1:2 or next major support/resistance zone When to Avoid This Setup Major Gap Up or Gap Down Days: If the market opens far away from Asian levels, ignore. High Volatility News Days: Big news flow (RBI policy, US inflation data) can invalidate early session reactions. Rahul’s Tip “First 15-30 minutes after open are critical.” Patience is key — let the market show you if Asian High/Low will hold or break! Conclusion By combining Asian session highs and lows with opening reactions , you can trade with a plan instead of guessing. This setup works beautifully for Nifty, BankNifty, and major stocks with decent liquidity. Have you ever tried tracking Asian session levels? Let’s discuss in the comments below! If you found this post valuable, don't forget to LIKE and FOLLOW ! I regularly share real-world trading setups, actionable strategies, and learning-focused content — all from real trading experience, not theory. Stay connected if you're serious about growing as a trader!
NSE:NIFTYEducation
by TraderRahulPal
4
My Favorite Reversal Candle Pattern (Works Like Magic!)Hello Traders! What if I told you that one single candlestick pattern could give you an 80% win rate — when traded with the right context and strategy? That’s right! Today, we’re talking about the powerful Engulfing Candlestick Pattern — backed by data, tested across timeframes, and loved by price action traders. Let’s break it down properly so you can spot it, trade it, and win with it. The Candle Setup: Bullish & Bearish Engulfing Patterns Bullish Engulfing Pattern: This forms at the end of a downtrend or pullback . A strong green candle completely engulfs the previous red candle’s body, signaling a shift from sellers to buyers. This setup is most effective at key support zones, trendline bounces, or bullish reversals with volume confirmation . Bearish Engulfing Pattern: Seen after an uptrend or rally . A solid red candle engulfs the previous green candle’s body, showing a shift from buyers to sellers. Best used near resistance levels, psychological zones, or after a parabolic price move . Check the chart above to understand better! Note: I’ve used real chart examples from the past to demonstrate Bullish & Bearish Engulfing patterns exactly as they appear in price action textbooks — so you can recognize them with clarity and confidence. How to Trade the Engulfing Candle Effectively Entry: Enter above the bullish engulfing candle’s high (long) or below the bearish engulfing candle’s low (short) after the candle closes. Stop Loss: Place SL just below the bullish engulfing candle's low or above the bearish candle’s high. Target: Use a 1:2 or 1:3 risk-reward ratio, or set targets based on nearby support/resistance or Fibonacci levels. When to Use: Only trade engulfing patterns when they form at a confluence zone — such as support/resistance, trendlines, moving averages, or breakout retests . Backtesting Insights When tested across Nifty 50, Bank Nifty, and large-cap stocks on the 15 min, 1H, and Daily charts , the Engulfing pattern — when combined with structure — showed up to 80% success rate with proper risk management and discipline. Rahul’s Tip Don’t blindly trade the pattern—trade the location! Context is everything. Always confirm with structure and volume. Engulfing candles are powerful, but only when they appear where it actually matters. Conclusion The Engulfing Candle is one of the most reliable patterns if traded with patience and planning. Combine it with key zones and risk control , and it can become a high-probability weapon in your trading arsenal. Have you used this pattern before? Share your success (or lessons) in the comments — let’s grow together!
NSE:RELIANCEEducation
by TraderRahulPal
SBICARD: Monthly Pennant Breakout - How High Can It Fly?NSE:SBICARD The stock has given a pennant pattern breakout on monthly chart with good volume along with second month on consecutive buying This month's closing would be interesting to watch as it'd confirm the follow on move 916.95 / 946 / 1149 will act as strong resistance levels especially 1149 which is around it's ATH level a monthly close above it will fuel the further rally. Since it's ATH in September 2021 stock has been in a downtrend but seems like things are about to change for good SBI Cards & Payment Services is India's second-largest credit card issuer and a subsidiary of SBI. Market Position : SBI Cards is a leader in the credit card industry, holding an 18.5% market share in card-in-force and a 15.7% share in spending. You'll find them actively expanding into Tier-2 and Tier-3 cities to tap into new markets. Plus, partnerships with brands like Apple and Singapore Airlines help them attract premium customers. Recent Financials (Q3 FY25): Revenue: ₹4,767 crore (up 1% YoY). Net Profit: ₹383 crore (down 30% YoY). Net Interest Income (NII): ₹3,790 crore (down 3.5% YoY). Asset Quality: Gross NPA at 3.24%, Net NPA at 1.18%. 9-Month Performance (9MFY25): Revenue: ₹14,300 crore (up ~2% YoY). Net Profit: ₹1,200 crore (down ~25% YoY). Where is SBI Cards Headed? Management is optimistic, projecting annual revenue growth of 10%-15% over the next two years. The plan involves: Tapping into smaller cities to bring in new customers. Boosting the digital experience for seamless customer interactions. Launching exciting co-branded cards aimed at high-value users. And don't forget, potential RBI rate cuts in FY26 could lower borrowing costs and boost the bottom line.
NSE:SBICARDLong
by sandeshprabhu85
JIOFIN 1D TFNSE:JIOFIN , In the previous post discussed the stock broke a demand zone with strong bearish candle, but is now forming a stong bullish candle.This could be possible liquidity grab. This is a risky entry but could be traded for a 1:1.5 R:R. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:JIOFINLong
by Joassh
NTPC 1D TFNSE:NTPC has broken a trend line which I have posted in previous post. The stock could be have been traded in two ways. Trade 1: Entering the market as soon as the stock broke the trend line. The stock has reached 1:1.5 and is running in profit. Trade 2: Waiting for another bearish candle or a retracement. The stock formed another bearish candle and If I have traded below that the stock is running in profit and I am waiting for the market to achieve a 1.5 reward. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:NTPCShort
by Joassh
PFC 1D TFWe've spoke about NSE:PFC forming a triangular pattern in the previous post. Now the stock is moving up breaking the triangular pattern. But I would wait for a retracement or another strong bullish candle in order to enter this trade. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:PFCLong
by Joassh
2
POWERGRID 1D TFIn the previous post, I've posted that NSE:POWERGRID is in a demand zone and will retrace. But the market hit stoploss in that trade. Now we can clearly see that NSE:POWERGRID has gained liquidity and moving up. Though a strong bullish candle can be seen. This is a risky entry. Hence be cautious and look for confirmations before entering the trade. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:POWERGRIDLong
by Joassh
NTPC 1D TFAs discussed in the previous post, NSE:NTPC has broke down a trend line and is moving down. But i would wait for multiple confirmations (a retracement for example) in order to enter this stock. As the trendline is not too strong, waiting for a strong confirmation is good before entering the trade We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:NTPC
by Joassh
Price-Time Correlation: Through WavesPrice reflection through Waves We all know that price does not moves in a straight line, it moves in waves. A graphical representation of price with respect to time always gives us a wavy structure. If you notice carefully, on any chart, these waves reflect different characteristics. Some will be longer and quicker than the others while some will be smaller and slow. The behavior of these waves could help us in identifying strength and weakness in price and hence rational decision making. Waves Reflect Momentum The quick or slow action of a wave with respect to time indicates its momentum. A longer wave in a small duration of time is said to have more momentum than a wave of same length in a larger time duration. It should be noted that in trading, momentum of a wave is a relative term. It means that momentum of one wave doesn't make much sense unless it is compared with the momentum of another wave(s). It is through this comparison that we can discover strength and weakness in price action. Momentum or Human Behavior? Please do remember that when I say strength and weakness, that means the strength and weakness of market participants. Ultimately it is the human action and psychology that is playing in the background. In the foreground what we see are the waves on Price and Time axis. So, a weaker up wave would mean that buyers were not very strong in that up move. Or a stronger down wave would mean that sellers were stronger in that wave and so on. This contrasting behavior may help us in understanding the market behavior more accurately and taking prudent trading decisions. Also remember that Price-Time correlation does not focus on bottom picking but it provides additional confirmation that the correction/consolidation has been terminated and the larger trend has resumed. Secondly, while the market may behave differently in different geo-political environments, one should not expect identical outcomes all the time. Let's go through the Example in Chart Normally after a strong trend we see a correction/consolidation. A correction can be of any type but for the sake of simplicity I have taken the more popular 'abc' type structure. Wave A Very strong momentum up wave. Generally, very strong moves lead to consolidations. Wave B Strong momentum corrective wave Wave C 🚀Momentum is weaker than both waves A and B. 🚀From A to B, the price corrected in one go whereas C is a 3-wave sub structure in itself. 🚀Also, C took more time compared to B but could not reach the high of A. Inference- Buyers are not very strong at this stage so not a very good place for fresh buyers. Wave D 🚀Momentum is even weaker than C. 🚀5-wave sub structure and huge time taken by the wave to reach the low of B reflects that sellers were not strong enough to push the market down. Inference- Buyers could try for a low-risk trade. Wave E 🚀Price breached the high of C and A in a smaller duration of time. So huge momentum. Inference- Good to keep holding long positions and for fresh entry into small pullbacks. For measuring time one can count the number of candles in a wave with the help of DateRange tool provided in ForecastingandMeasurementTools Tab on the left pane of Tradingview chart page OR sometimes simply eyeballing a chart would serve the purpose. Disclaimer: This is a very simple but strong concept, and I am not the sole follower or proponent of it. Hope it added to your knowledge. Do hit the 🚀 button and share your experiences regarding momentum trading in the comment 💬 section below. Thanks.
OANDA:XAUUSDEducation
by Bravetotrade
16