Supportandresistancezones
Gold XAUUSD Trading Strategy on July 17, 2025:
Yesterday's trading session was as we expected when the gold price adjusted from the 334x area, however, the gold price did not approach 3300 as we expected for a long-term trading point.
Basic news: News that President Trump considered firing FED Chairman Jerome Powell caused the USD to plummet, gold prices to skyrocket and stocks to fall. The US PPI and core PPI last month both recorded a 0% increase, lower than the forecast of 0.2% and the previous period's level of 0.1%. Data showed that inflationary pressure from the manufacturing side continued to cool down.
Technical analysis: After adjusting from the 334x area and approaching the nearest bottom of 3320, the gold price immediately increased sharply. RSI on the H1, H4 and D1 time frames crossed the average line, showing a renewed uptrend. Currently, the higher bottom pattern is compressing at the 3320 - 3357 border. If the price breaks this compression zone, it will fluctuate very strongly.
Important price zones today: 3325 - 3330, 3352 - 3357 and 3300 - 3305.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3325 - 3327
SL 3322
TP 3330 - 3340 - 3360 - 3380.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3360.
Plan 3: SELL XAUUSD zone 3355 - 3357
SL 3360
TP 3352 - 3342 - 3332 - 3322.
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
SWANENERGY - Daily Timeframe Breakout (Resistance Zone Break)SWAN ENERGY has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 2.5 times volume surge near the breakout zone, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price might break above the ~₹484 horizontal resistance, which had held for over 6 months.
The breakout zone has been supported by 2.5X volume and a range 3X of average near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹485.2
- Entry: Near ₹484
- Target: ₹566 (~16.5% upside from CMP)
- Stop-Loss: ₹450
- Risk-Reward Ratio: ~ 1 : 2.3
📌 Note:
- Wait for the closing of this candle, enter the trade near 3:20 PM, or get confirmation on 75min/1Hr TF.
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
SUNFLAG- Breakout from DTFSUNFLAG has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than 1.2X, and the Volume is also >6X the average.
CMP- Rs. 316
Target Price- Rs347 ( 10% upside)
SL - 297
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
ABDL - Daily Timeframe Breakout Idea (Resistance Zone Break)Allied Blenders and Distillers Ltd. has shown a breakout above a key horizontal resistance level on the daily chart, accompanied by a nearly 2 times volume surge near the breakout zone, as seen earlier, supported by strong momentum.
🔍 Breakout Context:
- Price might break above the ~₹446 horizontal resistance, which had held for over 6 months.
The breakout zone has been supported by 2X volume and a range 1.5X of average near the resistance zone.
- The price is also trading above both the 50- and 100-day SMAs, indicating strong trend continuation.
- This aligns with a bullish continuation setup.
📉 Trade Plan:
- CMP: ₹439.15
- Entry: Near ₹446
- Target: ₹481 (~7.5% upside from CMP)
- Stop-Loss: ₹430
- Risk-Reward Ratio: ~ 1 : 2
📌 Note:
- Look for a confirmation candle to enter the trade.
- Avoid chasing the extended move unless confident in intraday momentum.
⚠️ Disclaimer: This post is for educational purposes only and not financial advice. Always do your research or consult a financial advisor before trading.
BSE - Support Break with Bullish Recovery SetupSymbol: BSE (Bombay Stock Exchange)
Timeframe: Daily
Key Levels:
✅ Breakdown: 2500 (closed below) → Next support: 2300 → 2000 (major).
✅ Bullish Anchor: Price > 200 MA + ascending trendline (Jan 20, 2025 breakout now support).
📊 Technical Structure
Critical Support Break:
-Daily close below 2500 (confirmed breakdown of key support).
-Next supports: 2300 (immediate) → 2000 (major swing low).
Bullish Anchors:
-Price above 200-day MA (long-term uptrend intact).
Ascending Trendline Support:
-Originating from Jan 20, 2025 (resistance until May 13 breakout).
-Now acting as dynamic support (resistance-turned-support).
Key Reversal Signal: Watch for reclaim of 2500
-Requires strong bullish candle + above-average volume.
-Confirms failed breakdown and resumption of uptrend.
🎯 Trading Plan
Scenario 1: Buy Dips (Conservative)
Entry Zone:
-Layer 1: 2300 (trendline + horizontal support confluence).
-Layer 2: 2000 (swing low + 200 MA reinforcement).
-Stop Loss: 1950 (below 2000 structure).
-Targets: 2500 → 2700 → 2900.
Scenario 2: Breakout Re-entry (Aggressive)
Trigger: Daily close above 2500 with: Bullish candle (preferably >1.5% gain).
-Volume ≥ 20% above 10-day average.
-Stop Loss: 2450 (below breakout level).
-Targets: 2700 → 2900 (measured move).
⚠️ Risk Management
Position Size: ≤3% capital per trade.
Invalidation Conditions:
-Close below 2000 (invalidates bullish thesis).
-Failed 2500 reclaim (weak volume/rejection candle).
Disclaimer: Not financial advice. Conduct your own due diligence. Past performance ≠ future results. Risk capital only.
🔥 Boost if this analysis helps your strategy!
💡 Comment below any stocks you want me to analyse next!
NYKAA - Breakout from DTFNYKAA has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >1.2X, and the Volume is also >2X the average.
CMP- Rs. 108
Target Price- Rs228 ( 10% upside)
SL -202
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
TRANSRAILL - Breakout from Daily TFTRANSRAILL has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of ~10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >2X, and the Volume is also >6X the average.
CMP- Rs. 727
Target Price- Rs.805( ~10% upside)
SL -859
Note- The breakout candle has gone up, extended, so be mindful of your position.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
MAZDOCK - – INTRADAY ZONE ANALYSIS________________________________________________________________________________📈 MAZAGON DOCK SHIPBUILDERS LTD. – INTRADAY ZONE ANALYSIS
📆 Date: July 1, 2025 | ⏱ Timeframe: 15-Minute Chart
🔍 Educational Breakdown – For Learning & Study Use Only
________________________________________________________________________________
🔹 Price Action Zones
🔴 Top Range (Resistance): ₹3341
🟢 Bottom Range (Support): ₹3094
⚪ No Trade Zone: (Trade only with trend + confirmation in this zone)
________________________________________________________________________________
🧩 Chart Pattern: No visible chart pattern seen.
________________________________________________________________________________
🔁 Reversal Candlestick Patterns:
🔴 Top Range:
✅ Multiple strong rejection candles near ₹3341 along with long upper wicks and volume drop — suggesting supply zone holding.
🟢 Bottom Range:
✅ Bullish Marubozu and wide-range green candles seen around ₹3094, confirming strong buyer interest and a potential reversal zone.
________________________________________________________________________________
🧠 1. Trade Plan (Based on Reason and Logic)
🔼 Bullish Trade:
Idea: Go long if price retests ₹3120–₹3094 demand zone with bullish confirmation (strong bullish candle, reversal candles, volume support, long wick)
Stop Loss: Below ₹3090
Risk-Reward: 1:1 | 1:2+
Logic: Strong buyer reaction from demand zone previously suggests continued interest if tested again.
________________________________________________________________________________
🔽 Bearish Trade:
Idea: Short if price retests ₹3341–₹3310 and rejects with bearish candle formation (strong bearish candle, reversal candles, volume support, long wick).
Stop Loss: Above ₹3347.55
Risk-Reward: 1:1 | 1:2+
Logic: Supply zone confirmed with rejections earlier. Reversal here can lead to downside till mid or demand zone.
________________________________________________________________________________
📦 2. Trade Plan Based on Demand/Supply Zones
🟥 Supply Zone: ₹3341 – ₹3310
SL: ₹3347.55
Plan: Enter short if price shows rejection with bearish confirmation at this zone.
Risk-Reward: 1:1 | 1:2+
🟩 Demand Zone: ₹3120 – ₹3094
SL: ₹3090
Plan: Enter long on bullish reversal setup from this demand area.
Risk-Reward: 1:1 | 1:2+
________________________________________________________________________________
📌 Disclaimer
This analysis is for educational and study purposes only. It does not constitute investment advice. The author is not SEBI-registered. Please consult a SEBI-registered advisor before trading. Always use strict risk management and act only on confirmation.
________________________________________________________________________________
💬 Comments
What’s your view on MAZDOCK?
Will it break the supply zone and rally higher, or revisit the demand zone before bouncing back?
Share your thoughts and chart setups below 👇
________________________________________________________________________________
CHOLAFIN- Breakout from DTFCHOLAFIN has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of ~10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >1X, and the Volume is also >1X the average.
CMP- Rs. 1628
Est. Entry price ~ 1670
Target Price- Rs1813 ( ~10% upside)
SL -1610
Note- The candle closed isn't very promising, so we have to wait for a stronger move. The promising move should be able to close above 1670.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Biggest Crypto Expiry of the Quarter Is Almost Here🚨 June 27 = Big Expiry Day for BTC, ETH & Markets. Here’s What to Watch 🚀
This Friday — June 27 — marks the quarterly options expiry , and it’s shaping up to be a big one 💥
Especially for Bitcoin and Ethereum , where open interest is currently at its highest compared to all other series. One glance at the chart tells you everything — this expiry matters .
And right now, the Max Pain level for BTC sits at $101K …
Guess what? Price has already arrived.
📈 Over the past week, the heaviest trading volume was seen around:
$100K Puts
$95K Puts
So yeah — we’ve got all the signs pointing to price hanging around this zone before expiry.
It wouldn’t be surprising to see BTC drifting sideways near $100K–$101K , playing cat-and-mouse with the Max Pain level.
🧠 Why This Matters:
Large players may try to pin price near Max Pain 📌
Volatility could stay low until the final stretch ⏳
👉 Your Move:
Mark your calendar. Watch the flow.
We’ll be tracking every move as we approach expiry — follow along for updates.
OSWALAGRO - Breakout from DTFOSWALAGRO has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 15% from the current price level in the medium term.
The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than >2X, and the Volume is also >10X the average.
CMP- Rs. 104
Est. Entry price ~ 108
Target Price- Rs120 ( 15% upside)
SL -92
Note- The candle closed isn't very promising, so we have to wait for a stronger move.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Bullish Breakout in HCL TechStock breaks above key resistance zone of ₹1770
Strong bullish candle formation on the daily chart
Breakout supported by above-average volume, confirming strength
Price broke out from ascending triangle pattern — a classic bullish continuation signal
📢 Fundamental Trigger:
HCL Tech remains strong in cloud, AI, and digital transformation services
Recent deal wins and strong Q4 results supporting bullish sentiment
Attractive valuation compared to peers like TCS & Infosys
Bullish Breakout in VIP Industries 🔍 Chart Overview:
Breakout above resistance zone at ₹420
Strong volume spike confirming buying interest
Price action broke out of a consolidation channel
Formed a bullish flag/pennant pattern before breakout
🔧 Technical Indicators:
RSI moving above 60 → bullish momentum building
MACD crossover near zero line → fresh upward signal
50 EMA support intact, stock trading above all major EMAs
ICICIGIICICIGI has given triangle breakout with very decent volume. In recent time traction in insurance sector has been observed. At current level 2000-10 there is resistance. But if it crosses and closes above this resistance level then it may do wonder! On lower side 1860 is very strong support. And upper end momentum can be played up to 2210 level. But strong upside play is possible only above 2010 closing
GMDCLTD GMDCLTD seems very strong on weekly charts. Shown strong momentum in recent trading days. And closing above 200 MA since last 5-7 sessions. Now if it closes above 385 then again it may resume its uptrend and may go up to 460 levels from here. 350 is very strong support. So closing below this may change my view
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 shift from bearish to bullish sentiment.
Neckline Breakout Level: ₹1,300 (confirmed)
Breakout Confirmation: Price closed above neckline with volume support
Target Estimation (Measurement Rule):
Target 1: ₹1,450
Target 2 (Final): ₹1,550
Stop Loss: ₹1,260 (last swing high before breakout, risk-managed level)
Momentum & Trend Indicators:
Multi-EMA Bullish Crossover: Multiple exponential moving averages have aligned in a bullish formation, signaling trend continuation.
Relative Strength Index (RSI): Currently above 60, reflecting strengthening momentum and buyer dominance.
Fundamental Context: ACE Construction Ltd remains **fundamentally strong** with robust financials and growth visibility. The current price level provides an **attractive valuation**, further supporting the bullish technical setup.
Conclusion: The current technical setup presents a high-probability bullish opportunity in ACE Construction Ltd. The completion and breakout of the rounding bottom pattern, supported by bullish momentum indicators and favorable valuation, make a strong case for upward price movement towards ₹1,450–₹1,550 in the near term.
SMS PHARMA - Cup & Handle Breakout with Volume Confirmation📊 SMS PHARMA – Cup & Handle Breakout with Volume Confirmation
🕰️ Timeframe: 1D | 📐 Pattern: Cup & Handle Formation
🔍 Technical Setup:
SMS Pharma has formed a classic Cup & Handle pattern, which is a bullish continuation pattern. The breakout has occurred above the neckline resistance with a clean breakout candle, confirming bullish momentum.
The falling trendline resistance has also been decisively broken, adding further confidence to the breakout strength.
🔑 Key Levels to Watch:
🔵 Resistance (Upside Targets):
₹258.05
₹271.70
🔴 Support Zones:
₹230.57 (neckline support)
₹211.77 (handle base)
₹181.95 (major horizontal support zone)
📊 Volume & Indicators:
🔺 Volume Surge at breakout confirms strength and participation — a good sign for trend continuation.
📈 RSI: 64.58 — close to overbought zone, but still indicating strength. Minor consolidation near ₹240 would be healthy before further up move.
🧠 Bias: Bullish
📉 Any pullback to ₹230–₹235 can offer a good entry opportunity with risk managed below ₹211.
⚠️ Disclaimer: This is an educational analysis and not investment advice. Do your own research before making any trading decisions.
📈 Follow @PriceAction_Pulse for more breakout setups and swing trading ideas!
💬 Drop your thoughts in the comments — will this Cup & Handle breakout hit the ₹270 zone?
DOGEUSDT IN THE DANGER ZONE - SELLERS IN CONTROL?Symbol - DOGEUSDT
DOGEUSDT is encountering sustained selling pressure. Following a distribution phase characterized by a sharp upward move, the price has entered a correction phase and is now approaching a critical support area - often referred to as the 'panic zone'. A decisive breakdown below this level could accelerate the decline and trigger a more pronounced bearish trend.
DOGEUSDT has effectively relinquished the upward momentum accumulated during late April and early May. The distribution phase concluded around the 0.2600 level, after which the coin transitioned into a corrective decline. At present, DOGEUSDT is testing the pivotal support zone near 0.2140.
The focal point now is the base of the triangle formation near 0.2140 - a critical zone of support. A breakdown below this level would likely result in the liquidation of long positions and may prompt increased selling activity, thereby fueling bearish momentum.
Resistance levels: 0.2220, 0.2307
Support levels: 0.2145, 0.2135
The prevailing scenario anticipates a continuation of the downward trend. The primary trigger for further decline would be a confirmed breakdown below the 0.2135 support level, accompanied by price consolidation beneath this threshold.
Important Note: This bearish outlook would be invalidated if the price reverses and establishes sustained consolidation above 0.2220, A confirmed move above 0.2300 would strengthen bullish sentiment, at which point a renewed upward outlook would be considered.