NIFTY faces resistance at the resistance linehow ever hidden divergence can be seen between price and stochastic oscillator.
which is positive for its upward movement,
with reliance not supporting the market
nifty could not take out the resistance.
one more move up of reliance expected.
infy,tcs may resume upward movement after consolidation.
any positive in the Rbi policy may provide the required required fuel for the market to go up.
whenever there is a gap up we should not jump in for taking position.
and profit booking at higher levels should be done on intraday basis.
for positional traders up move still in tact.
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BANK NIFTY at support 2clear divergence between price and oscillator.
hdfc bank stake sell,rbi comments dragged bank nifty and
spoiling its already damaged structure.
towards the end of the trading session kotak result fueled this.
it is now at the support 2 breaking below may take it to support 3.
if bounces support 1 will be the target.
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Nifty fills the 2nd gap and reverses.if breaks today's low strong support is at 9970 zone.
today's open is equal to high indicating selling at higher level.
only at the break of today's high I will be bullish for a target of 10470-10540
stochiastic is in over bought condition and clear divergence can bee seen there between price and oscillator.
if today's low is broken as per me long positions should be exited and can be bought near 9970 zone .
SBI - IS THE BOTTOM NEAR?SBI has fallen more than 50% three times in the last 10 years.
In order to find a rationale to invest, we have analyzed SBI in different time frames.
KEY OBSERVATIONS-
1. Demand Zone -
A demand Zone is an area where buyers dominate over sellers, there is massive buying pressure in this zone.
SBI is currently in demand zone which is around 160 to 150 levels. This level was held by SBI for the last 10 years. This level was tested during 2012, 2014, and 2016 respectively.
SBI has managed to reach this level and is currently trading at 153.
This demand zone can be used to our advantage as -
The risk is minimal
High-profit potential
The risk-reward ratio is more.
2. A Fall of more than 50% -
SBI had fallen more than 55% on four occasions in the last 12 years.
As noticed here, a fall of more than 55% has been seen as a buying opportunity and it could be verified using trend line and demand zone.
In 2010, 2014 and 2020, two things were common-
There was more than 55% drop in price
All these falls made a base around the demand zone, which we are currently in.
3. Bollinger Bands -
Bollinger Bands consist of a centerline and 2 price channel (Bands) above and below it.
The Center-line is an exponential moving average; the price channels are the standard deviations of the stock being studied. The bands will expand and contract as the price action of an issue becomes volatile (expansion) or becomes bound into a tight trading pattern ( Contraction)
When stock prices touch the upper Bollinger Band, the prices are thought to be Over-Bought; conversely, when they continually touch the lower band, prices are thought to be Over-Sold, triggering a buy signal.
We have analyzed SBI on a monthly Chart using Bollinger Bands.
These yellow arrows indicate Over-Bought and Over-Sold levels respectively and their respective bounce when the hit these levels.
Currently, SBI has ventured into the Over-Sold zone as per Bollinger Bands.
4. Positive Divergence -
Divergence is when the price of an asset is moving in the opposite direction of a technical Indicator, such as an oscillator.
Divergence warns that the current price trend may be weakening and in some cases may lead to the price changing direction.
Positive Divergence is a situation where the price of a stock is making new lows while RSI is making higher lows in stock price.
From this, we can conclude that the lower lows in the stock price are loosing their downward momentum and trend reversal may follow soon.
We have marked Positive Divergence on 4 occasions using the red trend line on the daily chart, where we could notice a good price up-move after price divergence
SUMMARY
Observing all the above points, we can accumulate SBI in trenches and in the price range of 145 to 135.
Targets can be set around 185 to 200 for Mid Term.
All our views will be negated if SBI breaks 125.
At these current levels, the risk is minimal and it has high-profit potential.
GBPAUD TREND MIGHT BE CHANGING!!!We have seen a steep downfall in GBPAUD over some time but it can e the time that bulls take the charge. In the daily charge, it shows that a W pattern may be on the table if price rebounds from here, and also on Friday we have seen a spinning top.
What to do??
On Monday, we will be seeing if Monday candle closes in green or red. If, green then we may take a long to the target of 1.96500 with a stop at 1.89751 (A DECENT RISK REWARD RATIO!!!)
On the other side, if red candle is seen on the closing then the trend may continue to 1.86789 which is possible too.
But, we may see a rebound from here as RSI may rebound from here and also may see divergence on Awesome Oscillator. Also according to the confluence indicator, there are high confluences in this region. So, rebound chances are much high!!!!
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TCS - Heading DownTCS is currently testing its support of 2200, and has closed below it today. I use Vix Fix along with On Balance Volume to see the trend. Here the OBV is decreasing while the Vix is increasing - clear indication of Share sliding down. Further confirmation is taken using a setup of Stochastic Momentum and Awesome Oscillator. Stochastic shows the beginning of down trend, further confirmed by the Awesome going Red.
First stop from here should be 2130, thats where the support lies, which if broken should 2100 soon. NSE:TCS
NIFTY EXPIRY,CAN THE BULLS OVERCOME PRESSURE?In daily time frame nifty exhibits a doji followed by red candle(lower low)
In four hours time frame divergence seen between price and oscillator.
Bank nifty too exhibit a spinning top followed by lower low red candle.
Much efforts needed to over come these for bulls.
Nifty unable to pass through the trend line shown in the chart.
Nifty has immediate support at 11032.
Next support of nifty is at 10902-10905 range.
If nifty breaks yesterday's low(28/08/2019) much lower levels may be there.
Interesting actions may be there in the expiry day.
SADBHAV ENGINEERING - SOMETHING BOUND TO HAPPENSadhbav
CMP 411.
Stop 320
Target 800 plus
1) Stock has broken out of the consolidation zone previous month with above average volumes.
2) Stock currently in a cosolidation phase post breakout.
3) Breakot out accompanied by spike in RS and also bullish MACD and Stoch oscillator.
4) A similar previous breakout has produced 100% returns (2x). Hence the expected level is around 800 plus.
JSW STEEL-Short for 10 %bearish technical reasons visible in JSW Steel (Weekly) chart:
1. Strong Resistance Zone
The chart shows a pivot high (earlier resistance) that has been tested multiple times but not broken.
Each rejection at this level confirms supply pressure → strong resistance overhead.
2. Bearish Price Action
The latest red candle closed below the previous low, indicating weakness.
This shows that buyers failed to defend support, giving control to sellers.
3. Multiple Rejections at the Same Level
Price has repeatedly tried to break above ~₹1,060–1,080 but failed.
Repeated failures near resistance often precede downside reversals.
4. Negative MACD Divergence
While price was making equal or slightly higher highs, the MACD histogram and signal line were trending lower.
This signals loss of momentum → bearish divergence.
5. Negative Momentum Divergence (Oscillator)
Another oscillator (below MACD) also shows lower highs while price tried to retest highs.
Confirms weakening bullish momentum.
6. Volume Behavior
Volume doesn’t confirm strong breakout attempts → lack of institutional support.
Combined with red candle close, suggests distribution (smart money selling into strength).
✅ Summary:
Strong resistance + multiple rejections
Red candle closing below prior low
MACD and oscillator negative divergence
Weak volume confirmation
📉 All these together make the setup bearish, with potential downside toward ₹930–950 (next visible support).
Top 5 Essential Indicators for BeginnersBuild a strong foundation with these must-know tools.
Starting out in technical analysis can feel overwhelming. With hundreds of indicators available on platforms like TradingView, where do you begin?
The truth is, you don’t need dozens of tools just a few reliable, beginner-friendly indicators that help you understand market trends, momentum, and entry/exit points.
Here are the top 5 essential indicators every new trader should learn:
1. Moving Average (MA)
Why it matters: Moving Averages help smooth out price action and identify the direction of the trend.
There are two common types:
Simple Moving Average (SMA): Basic average over a set period
Exponential Moving Average (EMA): Gives more weight to recent prices
Use it to spot trend direction:
Price above MA = uptrend
Price below MA = downtrend
Beginners often start with the 50 and 200 EMA for swing trading or 9 and 21 EMA for intraday setups.
2. Relative Strength Index (RSI)
Why it matters: RSI is a momentum oscillator that helps spot overbought or oversold conditions.
RSI above 70 = Overbought (possible reversal or pullback)
RSI below 30 = Oversold (possible bounce)
It’s a great tool for spotting divergences and potential turning points, especially when the price reaches a key support/resistance level.
3. MACD (Moving Average Convergence Divergence)
Why it matters: MACD reveals momentum and potential trend reversals through moving average crossovers.
It includes:
MACD Line
Signal Line
Histogram
When the MACD line crosses above the signal line, it’s a bullish signal. When it crosses below, it’s bearish.
It’s a favorite among traders who want a blend of trend and momentum analysis.
4. Bollinger Bands
Why it matters: Bollinger Bands show price volatility and help spot potential breakout zones.
They consist of:
A middle line (SMA)
Upper and lower bands based on price volatility
Price touching the upper band may indicate overbought conditions, while the lower band can signal oversold. When bands contract, expect a volatility breakout soon.
5. Stochastic Oscillator
Why it matters: Another momentum tool, it compares a security’s closing price to its price range over a period.
Above 80 = Overbought
Below 20 = Oversold
It works well in range-bound markets and helps confirm reversal zones, especially when paired with support/resistance.
Conclusion
You don’t need to master every tool at once. These five indicators MA, RSI, MACD, Bollinger Bands, and Stochastic Oscillator give you a solid, practical starting point to read charts and make smarter trading decisions.
CHALETPrice Action:
The stock has been in a recent uptrend, with a breakout from the supply zone. We are currently seeing a minor pullback from a recent peak. This could present an opportunity to enter close to the breakout level or stock breaks the recent high as highlighted on the chart.
Volume: Volume bars are present, though no extraordinary spikes are immediately apparent around the recent price action leading to the entry point. Consistent or increasing volume on upward moves would typically be a stronger bullish confirmation.
Recent Trend: The stock has seen a significant rally from around ₹665 in February 2025 to the current levels above ₹900, indicating strong underlying buying interest in recent months.
Supporting Fundamental & News Factors:
Positive Financials & Growth: Chalet Hotels recently reported a significant jump in net profit for Q4FY25. The company is also actively pursuing expansion, including new properties and the recent acquisition of The Westin Resort & Spa, Rishikesh. These developments are generally viewed positively by the market.
Analyst Sentiment: While there are mixed views, the consensus analyst price target for Chalet Hotels appears to be around ₹1,027, with individual targets ranging from ₹839 to ₹1,150. Several analysts have reportedly upgraded revenue and earnings per share (EPS) forecasts following the recent positive results, suggesting confidence in future performance.
Points for Consideration & Risk Factors:
Market Volatility & Pullback: The stock has experienced a sharp run-up. The current slight pullback could be a healthy consolidation or the beginning of a deeper correction. The entry is placed just above the current price, meaning a further dip could occur before an upward trend resumes.
Mixed Technical Signals: While the provided chart's oscillator is bullish, broader technical summaries from various sources present a mixed picture. Some indicators and moving averages suggest "Buy" or "Strong Buy," while others, potentially on different timeframes or using different methodologies, may indicate "Neutral" or even "Sell." This highlights the importance of using a combination of tools and not relying on a single indicator.
EPS Miss Reports: Some reports noted that the recent EPS figures missed analyst expectations, despite the strong profit growth. This could be a point of concern for some investors.
Trading Recommendation:
Based on the provided chart with the "Entry" point at ₹903.90, the bullish oscillator, recent positive price action, and supportive fundamental news:
Potential Buy: An entry around the ₹903.90 level could be considered, aligning with the signal on the chart. The current price offers an entry opportunity close to this level.
Confirmation: Traders might look for confirmation signals such as:
A decisive bounce from the current levels with increased volume.
The oscillator maintaining its bullish stance.
The price convincingly breaking above the immediate resistance formed by the recent minor high.
Stop-Loss: A crucial aspect of this trade would be to set a stop-loss order to manage risk. A potential stop-loss could be placed below a recent swing low or a key support level (e.g., below the ₹870-₹880 zone, or adjusted based on individual risk tolerance and further chart analysis).
Target: Potential targets could be aligned with analyst expectations (e.g., ₹970, ₹1000, or the consensus target around ₹1027), or based on technical projections like previous resistance levels or Fibonacci extensions.
Risk Management: Given the recent rally, consider position sizing carefully. The hospitality sector can also be sensitive to broader economic conditions.
Disclaimer: This trading recommendation is based on the analysis of the provided image and publicly available information. Trading in the stock market involves significant risk. It is crucial to conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.
XTIUSD / USOIL / CRUDEOILUS WTI Crude (Spot) (XTIUSD) on a daily timeframe from the FXOPEN platform. Here are some key points to consider for a potential buying opportunity:
1. **Price Levels**:
- **High**: 82.50 USD
- **Low**: 64.74 USD
- **Current Price**: 71.98 USD
- **Bid**: 71.97 USD
- **Ask**: 72.01 USD
2. **Technical Indicators**:
- **Stochastic Oscillator**: The current values are approximately 63.79 (blue) and 54.08 (orange), indicating that the market is not in the overbought zone, which suggests there may be room for upward movement.
- **Trend Lines**: Two purple dashed trend lines form a rising wedge pattern, indicating potential future price movements.
3. **Price Action**:
- The chart shows a general upward trend with some volatility, as indicated by the candlestick patterns.
- The price is currently near the lower boundary of the rising wedge pattern, suggesting a potential buying opportunity if the price bounces off this support level.
4. **Volume**:
- The volume bars at the bottom of the chart show the trading volume for each day, with varying heights indicating different levels of trading activity.
In summary, the current price is near a support level within a rising wedge pattern, and the stochastic oscillator is not in the overbought zone, suggesting that there may be room for upward movement. Traders might consider buying if the price shows signs of bouncing off the support level and if the stochastic oscillator confirms a bullish signal.
USDINRCertainly! Here's a detailed analysis of the chart:
The chart analyses the USD/INR currency pair on a daily timeframe, displaying price movements across several months.
**Current Data:**
- **Price**: 86.3670 INR per USD.
- **Daily High**: 86.5950
- **Daily Low**: 86.3040
- **Open Price**: 86.4320
- **Buy Price**: 86.4170
**Trend Analysis:**
The chart includes multiple trend lines that highlight support and resistance levels. These are crucial for identifying potential reversal points:
- **Support Levels**: 85.2961 and 85.2603
- **Resistance Levels**: 83.9388 and 83.4425
**Technical Indicators:**
- **Stochastic Oscillator**: Shows values of 71.68 (orange line) and 66.27 (blue line), indicating possible overbought or oversold conditions which can signal upcoming market trends.
**Timeframe Covered:**
The data spans from September to February, and the analysis was recorded at 12:44:59 (UTC).
This chart is beneficial for making informed trading decisions by analyzing trend patterns, key support/resistance levels, and market indicators.
Great! Let's dive deeper into the analysis.
### Trend Analysis:
The **support levels** and **resistance levels** provide an understanding of where the price might find difficulty moving further or where it might bounce back from:
- **Support Levels**:
- **85.2961 INR**: A point where there has been significant buying interest before.
- **85.2603 INR**: Another strong support level indicating a price floor.
- **Resistance Levels**:
- **83.9388 INR**: A point where selling pressure has previously been strong.
- **83.4425 INR**: Another price point marking significant resistance in the market.
### Technical Indicators:
- **Stochastic Oscillator**:
- Both orange and blue lines are hovering near overbought territory. This usually suggests that the current upward price trend may be weakening, and the currency pair might be due for a correction.
### Market Insights:
Looking at the data, one can infer that the market has been quite volatile. The recent high values in the Stochastic Oscillator imply that buyers might be losing steam, indicating a possible trend reversal. Observing the support and resistance levels alongside the stochastic values can help predict future price movements and advise on trading actions.
Feel free to ask if there's anything more specific you'd like to uncover in this chart analysis. I'm here to assist you!
[Hcc] upcoming rocket 🔍 HCC Stock Snapshot
Technical outlook: Daily / moving average indicators are leaning bullish — price is above most short- & medium-term MAs (5-, 10-, 20-, 50-day) which suggests upward momentum.
Resistance & risk: The 200-day moving average is still above current price, acting as resistance. Also some oscillators show caution (e.g. MACD weak, some neutral/oversold zones).
Fundamental status: Revenue declined YoY recently, partly due to divestments. While ROCE is high (around 25-30%), ROE has been weak or even negative in recent times.
Valuation: Many analysts/models view HCC as undervalued vs intrinsic value — there is potential upside if business fundamentals improve.
XAU/USD Technical Analysis: Major Levels, Market Structure, and 🔎 Current Snapshot
Price now: ~$3,684.98 per ounce.
Investing.com
Today’s trading range: ~$3,632.28 → $3,686.33.
Investing.com
Technical indicators (on sites like Investing.com) are showing a Strong Buy bias. Many moving averages & oscillators are in bullish territory.
⚙ Updated Key Levels (Support & Resistance)
Here are revised zones to watch, given the current price:
Immediate Resistance - $3700 Psychological round level; has been acting as near-term ceiling.
Immediate Support - $3,650 – $3,670 Zone of recent higher lows; a break below this could see more downside.
Stronger support - $3,600
Major Support Below - $3,500 – $3,550 A deeper correction zone; important in case of more aggressive downward moves.
🔄 Market Structure
Gold is in an uptrend, but there are signs of short-term weakening:
Some indicators are showing overbought conditions.
Price is consolidating just below resistance at ~$3,700 – so momentum is there, but pushing higher might require a catalyst.
On the downside, the structure holds so far — previous swings are supporting, but if support zones (like $3,650) fail, that could shift to a correction mode.
📝 Conclusion
XAU/USD is consolidating within a crucial range, balancing supply and demand forces. The dual-trendline structure signals a potential breakout in the coming sessions. Short-term traders can leverage the 5M CHoCH for early entries, while swing traders should focus on the interplay between the higher timeframe zones and trendlines.
📌 Reminder: Always wait for confirmation before entering trades and manage risk according to your trading plan.
🔔 Follow for updates! Let me know if you have any questions or want to discuss your own analysis. Happy trading! 🚀✨
KOTAKBANK 1D Time frame📊 Current Snapshot
Current Price ≈ ₹2,031
Change: ~ -1.15% on latest trading day
Price is above both 50-day and 200-day simple moving averages, which indicates the medium & longer-term trend is still upwards.
Volume is moderate.
🔍 Indicators / Momentum
RSI (14-day): Mid-range, somewhat bullish (but not overbought).
MFI (Money Flow Index): Also mid-range.
Trend Strength Indicators: Mixed. Some moving averages suggest support (price above), while other oscillators show some weakness or potential for sideways drift.
🔒 Support & Resistance Levels
Type Level (Approx)
Key Support ~ ₹2,010 – ₹2,020
Stronger Support if breaks down ~ ₹1,990 – ₹2,000
Immediate Resistance ~ ₹2,050 – ₹2,060
Higher Resistance ~ ₹2,075 – ₹2,080
⚠️ What to Watch For / Risks
The recent dip suggests sellers are exerting pressure near resistance zones.
If momentum weakens, price could fall toward the support band around ₹2,010‐₹2,020.
Any break below ₹2,000 may trigger more bearish sentiment.
🎯 Possible Scenarios
Bullish Case: If price can hold above current support and break above resistance (~ ₹2,050+), it could aim for ₹2,075-₹2,100.
Bearish Case: Rejection at resistance could pull it back toward ₹2,010 or lower. Further weakness might push it toward ~₹1,950-₹2,000 if broader market is weak.
ASIANPAINT 1D Time frameCurrent View
The stock is trading around ₹2,490-₹2,500, roughly in that band.
Recent price action suggests sideways to slightly negative bias in the short term.
The stock is below many of its medium-to-long term moving averages, but above some short term ones — mixed signals.
⚙️ Indicators & Momentum
RSI is in neutral to slightly weak territory (not deeply oversold, not overbought).
MACD shows bearish pressure in recent periods.
Some oscillators & momentum tools showing mild divergence, meaning upward momentum is not strong.
Short-term moving averages are giving mixed signals: some support, some resistance.
📌 Key Levels to Watch
Resistance Zones: ~ ₹2,520-₹2,550 is a resistance range.
Support Zones: ~ ₹2,450-₹2,470 nearer support. More substantial support around ₹2,400-₹2,430.
HCLTECH 1D Time frameCurrent Picture
Share price is ~ ₹1,499-₹1,505.
Recent momentum has been upward; the stock is trading above most moving averages—short-, medium-, and long-term.
Indicators are generally favoring continuation of the uptrend.
⚙️ Indicators / Momentum
Many oscillators (RSI, MACD, CCI etc.) are in bullish territory.
Moving averages from 5-, 10-, 20-, 50-, 100- to 200‐day are all aligned bullish (price above them).
Volatility is moderate to high — good movement, but also risk of pullbacks.
📌 Key Support & Resistance Levels
Immediate Resistance: around ₹1,505-₹1,515.
Immediate Support: near ₹1,480-₹1,490.
Stronger support further down around ₹1,400-₹1,420 in case of sharper correction.
✅ Outlook & Risks
Short term bias is bullish as long as price holds above the immediate support (≈ ₹1,480).
If resistance around ₹1,510 breaks decisively, more upside is likely.
Gravita has formed bullish BAT pattern🪐 Gravita India has formed a bullish BAT pattern, indicating a potential trend reversal or rally.
🪐 The stock has also formed a triangle consolidation pattern, currently holding near strong support around ₹1670.
🪐 A breakout above the triangle pattern could lead to significant upside momentum and attractive returns.
🪐 Technical indicators like moving averages and oscillators show positive signals supporting a possible breakout.
🪐 On the fundamental side, Gravita India demonstrates strong growth potential with a return on equity of around 20%.
🪐 The company maintains low debt levels and healthy operational margins.
🪐 It is investing aggressively in expanding recycling and battery manufacturing capacities.
🪐 Gravita is well-positioned in the sustainable materials sector, aligning with long-term industry trends.
🪐 Although the stock is currently trading at a premium valuation, strong fundamentals support potential long-term growth.
🪐 Overall, the combination of technical patterns and sound business fundamentals make Gravita an interesting stock to watch for a breakout opportunity.