Gold Waiting for the U.S. Prelim GDP Data Release [26 Aug: Wed]Probable Scenario Analysis:
⏺ Present Scenario:
The primary trend of Gold is bullish. However, there are signs of bullish exhaustion. On 26th of August, 2026, there is a high-impact event: the U.S. Prelim GDP Data Release. Probably, Gold is sideways as it is waiting for the data.
🟢 Bullish Scenario
There is a strong resistance zone (SRZ) at (4700 - 4675). To enter a strong bullish continuation, the price must break out above the SRZ. Thus, if the price sustains above 4700, then stay b
Sideways
Inside the Equilibrium Game Between Supply and DemandThis post is educational and observational in nature based on historical price action. It is not a forecast or a trading recommendation.Price action used is older than 3 months
The Setup
In 2004, this stock began a strong upmove, delivering a 600% rally. That move eventually ran into a supply zone, marked in red, formed in 2006. From that point forward, the stock entered an extended sideways phase lasting roughly 7100 days, a genuinely prolonged period of consolidation that offers a rich cas
Nifty spot 24366 Daily Chart - Weekly UpdateNifty spot 24366 Daily Chart - Weekly Update
- *Nifty closed low by 0.83% below last week level*
- Support Zone 23825 to 24325 for Nifty Index
- Resistance Zone 24675 to 25235 for Nifty Index
- Resistance Trendline pushes Nifty to more downside
- [ b]Nifty is behaving more weak and timidly then Bank Nifty
HOW-TO: Identify Reversals, Breakouts & Sideways in Nifty Index This tutorial explains a practical approach to identifying three key market conditions — reversals, breakouts, and sideways/range-bound markets — using auto-generated support/resistance levels. Based on a real Nifty 15-minute chart.
Markets: Nifty 50
Timeframe: 15-minute intraday
Part 1: Current Market Setup
From the chart:
Resistance Zone: ~24,200 (marked as "Reversal" on chart)
Middle/Range Zone: 24,000-24,100 (marked as "Sideways/Range" on chart)
Support Zone: ~23,800 (marked as "Reversal
Welspun Living | Sideways Range – Short-Term Trading OpportunityWelspun Living is currently trading in a sideways consolidation range, indicating lack of strong directional momentum in the short term.
🔹 Price is respecting a defined support zone near 131–132 and facing resistance around 139–140
🔹 EMAs are flattening, confirming range-bound behavior
🔹 Rejections from the upper band and support holding at the lower band suggest a buy-near-support, sell-near-resistance strategy
🔹 Breakdown below support may open downside, while a strong breakout above resistan
Sideways consolidation in TMPVSideways Range/Consolidation: The price moves between relatively defined support and resistance levels without a decisive breakout, indicating indecision and market participants waiting for stronger cues. This phase is often referred to as a rectangle or box pattern, commonly seen before a major move.
Objective Observation in Sideways Markets1) Sideways market action is clearly depicted here, with price oscillating between well-defined resistance and support bands (marked by orange horizontal lines). The presence of both multiple resistance and support levels typifies a range-bound environment, where relying solely on single breakout/CT patterns may lead to inconsistent observations.
2) To supplement this, a solid red counter-trendline has been drawn across recent swing highs/lows, offering a direct visual of shifting momentum pock
ACE Construction Ltd : Rounding Bottom Chart PatternACE Construction Ltd has been consolidating in a broad sideways range between ₹1,150 to ₹1,600 since February 2024. The price action has clearly defined support and resistance levels, with ₹1,150–₹1,200 acting as a strong accumulation zone and ₹1,550–₹1,600 serving as a firm resistance, where selling pressure consistently emerges.
Technical Pattern Observed (Hourly Timeframe): A Rounding Bottom pattern has been identified on the hourly chart, which is a bullish reversal pattern, indicating a
View on DCX Systems#DCX Systems is in sideways trend but will be bullish in upcoming days for entry one can wait for the correction till 240-220.
has a orderbook of 2000Cr only of Defence, company has specialized in PCB's. added new clients from USA, Lockheed martin is one of them. Also a Beneficial of Make in India, Indian government is in process of biggest deal for Defence around 22,000Cr, This company can benefit from the deal.
CDSL 3.0 & price trading inside a sideways parallel channel
Firstly wanna apologise to all as I wasn’t able to give update as I was given a strike or violation ticket stating that I cannot update day to day under “update ideas” tab but have to post a single idea but wanna ask you all how does a single day chart states the stock movement for upside or downside and if my updates are hurting you all pls accept my apologies.
Analysis:-
So let’s get back on to analysis part as on 29/10/2024 price at crucial level and at mid point of channel so once price b
Another Flat week or a breakout is coming in Indexes ?Nifty and Bank nifty have been trading in the range for last whole week. It was due for a sideways movement after a massive movement in the Election result week.
Nifty above 23550 level will open for a new zone and head towards 23900-24200-24800, down side is majorly capped as of now till 23200-23000 level.
Bank nifty above 50500 will open doors for 51200-51800, down side again has a good support at 49600 level.
Trend is mixed but having a minor downside trend.
The upward momentum for GU seems weak!After a long upward trend on the H4 timeframe, the price has now reverted to the H4 demand zone. The momentum appears to be moving sideways rather than straight up. In my personal opinion, if the H4 continues its upward trend, there will likely be a liquidity sweep in the H4 area (wide sideways range) before a decisive direction is determined.
Our suggested action at this time: If you are a swing trader, continue to wait and observe.
FX:GBPUSD
Nifty on Radar - 27 MayNifty is likely to remain sideways or rangebound in the near-term with heavy call and put writing around the 23,000 mark
CMP - 22,957.10
Key Support : 22,750 - 22560
Resistance : 23,050 - 23,150
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Lupin - upside breakout of consolidation rangeLupin has pierced the resistance line yesterday, and there is a clear breakout.
One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also.
Pattern will fail if close below the resistance line.
NIFTY 4TH APRIL TRAP TRADING ANALYSISThe market (NIFTY50) is currently trading at 22416. However, it's important not to blindly follow the buy or call side under the yellow box, as it signifies a sideways zone. For the past two days, I've observed a sideways market with premiums not showing significant increases.
Here are the levels and analysis for the NIFTY Expiry on April 4th (TRAP TRADING):
Point 1: Avoid using the maximum amount in the Yellow zone, ranging from 22325 to 22500.
Point 2 (BULLISH): Consider going for the CALL
BANK NIFTY MARCH MONTH EXPIRY ANALYSISBankNifty Important Levels for March Month Expiry:
=> Naked Buyer Strategy:
CALL Side:
Buy Above: 47040.
Put Stop Loss: 46950.
Targets: 47130, 47203, 47288, 47368 and 47423.
PUT Side:
Sell below: 46800.
Stop Loss: 46880.
Targets : 46720 ,46650, 46570 and 46474.
=> Hedging Strategy:
UP SIDE:
Sell 47300/47400 PUT (Premium price 500-570) & Hedge with 46400 PUT (Premium price 100).
DOWB SIDE:
Sell 46400/46300 CALL (Premium price 550-630) & Hedge with 46430 PUT (Premium price 130).
=> Se
Next Week Market Strategy | SIDEWAYS TO UPWARD DirectionNext Week Market Strategy | SIDEWAYS TO UPWARD Direction:
-> Black TrendLine is the Seller Zone and Blue TrendLine is Buyer Zone.
-? You can do Scalping from these points.
A big Opportunity will come after the breakout of BLUE/BLACK Trendlines.
Request: Do not Trade without Setup, because Your Money is hard hard-earned money do not waste this.
Symphony'sTrajectory: A Cautionary Tale in the AC and Ref SectorDisclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
Symphony, a notable player in the AC and Refrigeration industry, has experienced a turbulent journey in the stock market. After reaching its peak in January 2018 at a high of 2209, the stock has been under pressure. This peak was a significant rise from its low of
GLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation B/OGLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation Breakout.
1) Time Frame - Weekly.
2) 6 months of consolidation broken in Daily Time frame With Huge Volume.
3) Stock will find a resistance around the price 799 (Previous All Time High).
4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the weekly candle's close as same as today in Daily Time Frame.
GLong
Bank Nifty Analysis : 9th Jan 2024Sellers welcomed todays day with pressure closed at support looks tomorrow may be sideways day or profit booking can be seen.
Still sellers looks more active may break support after profit booking.
Bank Nifty closed at support 47400 to 47300 if break buyers may try to enter or trap
Resistance at 47600 to 47700
Mastering Trade Setup with simplicity of dow theorySimplifying Trade Strategies with Dow Theory Wisdom
Welcome to the world of trading, where the Dow Theory can be your trusty guide. Let's break down an easy trade strategy that suits different market situations.
Dow Theory Insights
Dow Theory, a key tool in technical analysis, says understanding trends is crucial. Figuring out the trend is where we start, setting the stage for smart trade decisions.
Bullish View
If we're feeling positive
Higher Lows: Check if prices keep going up.
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