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CDSL Breakout from Falling Wedge – Can It Rally to 1830+?CDSL has recently broken out from a classic falling wedge pattern, a bullish technical setup that often signals a trend reversal or continuation of the broader uptrend. After months of being compressed between a descending resistance and a well-established support line, the stock has now pierced through the upper resistance zone with notable bullish momentum. The wedge had formed over several months, creating lower highs and relatively equal or slightly rising lows. The pattern was further supported by a confluence with the 200 EMA, which acted as a critical dynamic support near the breakout zone. This alignment of technical indicators added strength to the breakout confirmation seen recently. With this breakout, CDSL has now opened doors for higher targets. The immediate Target 1 is set at ₹1650, which also aligns with a recent horizontal resistance zone. Once this is breached, the next move could extend toward Target 2 at ₹1750, a level where previous price action has shown hesitation. If momentum continues to build and the broader market supports the move, the final projected target of ₹1830+ becomes achievable in the short to medium term. However, it’s crucial to note that the support zone below ₹1480 is acting as a critical invalidation point for this bullish setup. Any strong breakdown below this zone, especially with volume, would fail the bullish structure and may push the stock back into consolidation or a deeper correction. Traders must also watch the red dotted trendline, which represents a former resistance turned possible retest zone. Overall, the technical landscape is now favoring the bulls, especially after the breakout confirmation and support from the 200 EMA. Traders and investors should monitor price action near the projected levels and manage risk accordingly, while riding the momentum above the wedge resistance.
NSE:CDSLLong
by TradZoo
Bank Nifty Breakdown – Rising Wedge Breakdown Hints sellingBank Nifty has recently shown a significant technical development that could mark a short-term reversal: a breakdown from a rising wedge pattern below its support trendline. The rising wedge is generally a bearish reversal pattern when occurring after an uptrend, and in this case, the structure has played out with textbook precision. Initially, Bank Nifty attempted to break above the resistance zone around 58,200–58,400, but it failed to sustain the move. This fake breakout, often referred to as a bull trap, is a strong bearish signal—especially when followed by a clean breakdown of the support line, as seen near the 57,800 level. The price has now convincingly moved below this support zone, confirming a potential trend reversal. The pattern's height, which represents the distance between the highest swing high and lowest swing low within the wedge, has been used to project the downside targets. According to this breakdown setup, the following bearish targets are now in play: Target 1: 57,550 Target 2: 57,050 Projected Final Target: 56,650 These targets are marked clearly on the chart and represent areas where price action may find temporary support or experience short-covering bounces. However, unless Bank Nifty reclaims the upper wedge zone and invalidates the breakdown, the path of least resistance remains downward. What makes this move even more credible is the series of lower highs formed under resistance, showing consistent selling pressure. Simultaneously, the failed breakout has likely triggered stop losses of aggressive long positions, adding to the downward momentum. Traders should now watch for confirmation of this breakdown with volume and follow-through candles. Any bounce back to the 57,800–58,000 zone should be approached with caution, as it may act as a fresh supply zone unless strongly reclaimed.
NSE:BANKNIFTYShort
by TradZoo
#NIFTY Intraday Support and Resistance Levels - 27/10/2025Nifty is expected to open flat near the 25,780–25,800 zone, showing signs of early stabilization after the recent decline. The market continues to trade within a consolidation range, and today’s session will be crucial to determine if a short-term reversal or continuation of the downtrend unfolds. If Nifty holds above 25,780–25,800, we could see an upward move toward 25,850, 25,900, and 25,950+ levels. Sustaining above 25,950 may attract buying interest and extend the rally toward 26,050 and 26,150 zones. On the downside, immediate support lies near 25,750–25,700. A breakdown below this zone could invite fresh selling pressure, dragging the index toward 25,600 and 25,500 levels. Overall, a flat opening suggests a neutral start with balanced sentiment. Traders should focus on 25,780 as the pivot level, waiting for a clear breakout or breakdown before entering. Maintaining tight stop losses and booking partial profits near key resistance levels is advisable in this range-bound market.
NSE:NIFTY
by TradZoo
#NIFTY Intraday Support and Resistance Levels - 09/10/2025Nifty is expected to open slightly gap up near the 25,050 zone after yesterday’s mild correction. The index is currently trading within a consolidation range between 24,950 and 25,100, indicating indecision among traders ahead of a possible breakout. If Nifty sustains above 25,050–25,100 after opening, it may trigger a bullish move toward 25,150, 25,200, and 25,250+. A breakout above 25,250 will likely extend the uptrend toward 25,350–25,450+ levels. However, if the index slips below 24,950, it could invite short-term selling pressure, dragging prices toward 24,850, 24,800, and 24,750-. Overall, the bias remains neutral to positive with a slight gap-up opening. Traders should focus on the breakout from the current consolidation zone for directional clarity, maintaining strict stop-loss levels for intraday trades.
NSE:NIFTY
by TradZoo
GMR Airports Ltd – Bullish Bounce from Support ZoneThe chart of GMR Airports Ltd (Daily timeframe) is showcasing a well-respected ascending channel pattern, where price is currently bouncing off the lower support trendline, indicating a continuation of the bullish structure. This setup provides a compelling long opportunity if confirmed with price action. • Uptrend Channel Structure Remains Intact GMR Airports has been moving within a clearly defined uptrend channel with multiple touches at both resistance and support zones. The current bounce is happening near the support line, which has previously acted as a strong reversal point — suggesting that buyers are stepping in again. • Twizzer Bottom Candlestick at Support A key bullish candlestick pattern, the Twizzer Bottom, has formed right at the trendline support. This candlestick combo is known for reversal potential, especially at critical zones like this. The confluence of support + reversal pattern adds strong conviction to the bullish setup. • EMA Support Alignment The price also aligns closely with the 50-day EMA (blue line) and is above the 200-day EMA (red line) — a typical bullish sign in trend-following strategies. This alignment reinforces the uptrend bias and increases the odds of an upside continuation. • Upside Targets Clearly Marked - The initial target is placed at ₹93+, which corresponds to the last swing high. - Target 2 is marked at ₹97+, aligning with the 52-week high. - If price breaks through the upper resistance channel with momentum, the final target may extend higher, potentially entering price discovery mode. • Risk Management is Well Defined - The stop-loss is marked below ₹85, just under the previous swing low and trendline support. - A close below this level will indicate a long setup failure, and the structure will need re-evaluation. - This gives a favorable risk-reward ratio for swing traders entering at current levels. • Conclusion – Watch for Momentum Confirmation If follow-through buying occurs in the coming sessions, this could lead to a sharp upward move back toward the upper channel resistance. Traders should wait for volume expansion and strong candle closure above ₹88 for further confirmation. The overall bias remains bullish until the lower channel is broken convincingly.
NSE:GMRAIRPORTLong
by TradZoo
1
XAUUSD – Trading Plan: Gold Awaits PCE Catalyst📊 Market Context Gold remains in consolidation mode after a sharp run earlier this week, holding steady below 3750. The market is now laser-focused on the US Core PCE Index, which could provide fresh direction for both the dollar and precious metals. With US yields stabilising and risk sentiment shifting, gold’s safe-haven appeal remains intact — but traders are weighing whether the recent pullback is a healthy correction or the start of a deeper retracement. Meanwhile, the geopolitical backdrop continues to offer underlying support, while positioning in ETFs and futures suggests investors are cautious, awaiting clearer signals from the Fed. The upcoming data will likely decide whether gold breaks higher towards fresh highs or retests deeper liquidity zones. 🔎 Technical Analysis (H1/H4) Price capped near short-term resistance at 3770–3772. Immediate supports are 3741 and 3722, with deeper demand zones at 3690–3688 and 3670–3668. The structure indicates possible liquidity sweeps before a decisive move. 🔑 Key Levels Resistance / Sell Zone: 3770–3772 Support / Buy Zones: 3690–3688, 3670–3668 📈 Scenarios & Trading Plan BUY ZONE 1: 3690–3688 SL: 3684 TP: 3695 - 3700 - 3710 - 3720 - 3730 - ??? BUY ZONE 2: 3670–3668 SL: 3664 TP: 3675 - 3680 - 3690 - 3700 - 3710 - ??? SELL ZONE: 3770–3772 SL: 3777 TP: 3765 - 3760 - 3750 - 3740 - ??? ⚠️ Risk Notes Watch for false breakouts at 3770–3772 before reversal. PCE release may inject volatility across gold and USD pairs. Position sizing and risk control are crucial into data. ✅ Summary Gold is at a crossroads — safe-haven demand is still supportive, but technical resistance near 3770 remains a hurdle. Core strategy: buy dips into 3690–3670 zones, while staying cautious of short-term sell setups at 3770–3772. Manage exposure, wait for confirmation, and be prepared for volatility once PCE data hits. 📢 Follow MMFLOW TRADING for real-time updates and next-level trade setups.
OANDA:XAUUSDLong
by MMFlowTrading
#NIFTY Intraday Support and Resistance Levels - 16/09/2025Nifty is expected to open on a flat note, with no major changes seen from yesterday’s levels. The market continues to hover within a defined range, suggesting that intraday traders should wait for a breakout or breakdown before taking fresh positions. On the upside, fresh momentum can be seen if Nifty sustains above 25,000–25,050, opening the path toward 25,100, 25,150, and 25,200+. A stronger rally can only be expected once Nifty clears 25,250, which may push it further toward 25,350–25,450+. On the downside, weakness may emerge if Nifty slips below 25,200–25,150, which could drag it toward 25,100, 25,050, and 25,000-. A further breakdown below 24,950 will intensify selling pressure, with targets at 24,850, 24,800, and 24,750-. Overall, Nifty is in a consolidation phase, and traders should follow a wait-and-watch approach near key levels. A flat opening signals indecision, so risk management and quick profit booking will be crucial.
NSE:NIFTY
by TradZoo
USD/JPY(20250910)Today's AnalysisMarket News: U.S. employment data was significantly revised downward, with the number of jobs for the 12 months ending in March revised down by 911,000. Technical Analysis: Today's Buy/Sell Levels: 147.08 Support and Resistance Levels: 148.32 147.85 147.55 146.60 146.30 145.84 Trading Strategy: On a breakout above 147.55, consider a buy entry, with the first target at 147.85. On a breakout below 147.08, consider a sell entry, with the first target at 146.60
Short
by BullMarketKing
USD/JPY(202509008Today's AnalysisMarket News: Non-farm payroll growth fell significantly short of expectations, with June's data revised downward to negative territory, marking the first contraction since 2020. The unemployment rate hit a nearly four-year high. Technical Analysis: Today's buy/sell levels: 147.57 Support and resistance levels: 149.28 148.64 148.23 146.92 146.51 145.87 Trading Strategy: On a breakout above 148.23, consider a buy entry, with the first target price being 148.64. On a breakout below 147.57, consider a sell entry, with the first target price being 146.92
Long
by BullMarketKing
[INTRADAY] #BANKNIFTY PE & CE Levels(12/08/2025)Bank Nifty is likely to open with a gap-up, indicating strong bullish sentiment at the start. If the index sustains above 55,550–55,600, buying momentum may push it toward 55,750, 55,850, and 55,950+. Further strength can be expected if it breaks above 56,050, opening the path for 56,250, 56,350, and 56,450+. On the downside, weakness could emerge if Bank Nifty falls below 55,450–55,400, which may lead to a decline toward 55,250, 55,150, and 55,050-. Price action around the 55,550 zone will be crucial in deciding intraday direction, so traders should wait for confirmation before entering trades and maintain strict stop-losses.
NSE:BANKNIFTY
by TradZoo
Gold Breakout Watch: Will XAUUSD Surge to $3760?Gold (XAUUSD) has spent the last few weeks coiling within a tight consolidation range, but the wait may soon be over. The daily chart shows a textbook rectangle formation, a powerful pattern that often precedes significant trend continuation. With prices currently pushing toward the upper resistance of this range, a bullish breakout could be imminent—and potentially explosive. Let’s dive deep into the technical setup, the potential breakout targets, and what levels traders should be watching right now. 📉 The Pattern: Channel Consolidation Since late May 2025, gold has been trapped in a sideways structure defined by: Resistance Zone: $3,600 – $3,620 Support Zone: $3,270 – $3,290 This structure has formed after a massive prior rally earlier in the year, making it a classic bullish continuation pattern. Each pullback into support has been met with buying, while resistance has repeatedly held—but now momentum is building. Technically, this consolidation has validated itself with multiple swing points at both the upper and lower boundaries. The pattern is clean, well-respected, and supported by repeated reactions at both support and resistance levels. If the price breaks and sustains above the $3,620 resistance area, the pattern will be considered complete, signaling continuation of the prior bullish trend. While volume analysis isn't included in the chart, typically such breakouts are supported by increased participation, which can offer added confirmation. If a breakout occurs, traders can target multiple price levels based on the height of the rectangle added to the breakout point. The first logical target would be around $3,616, followed by a swing-based target at $3,762. These levels are based on technical projection methods using the measured move technique. Importantly, price has already reached a reversal confirmation target around $3,430, which further validates bullish strength. However, no setup is complete without acknowledging the risks. If gold fails to sustain the recent rally and instead breaks below $3,280 support, the current setup would be invalidated. This would shift the outlook to bearish and could push prices toward $3,200, $3,120, and possibly even lower toward the psychological support at $3,000. From a trading perspective, the ideal bullish entry would be on a daily candle close above $3,620 or on a retest of the breakout zone with strong buying confirmation. A protective stop loss can be placed below the breakout candle or around the $3,550 area. Initial targets remain $3,616 and $3,762. In the bearish case, a breakdown below $3,280 would be a cue for shorting opportunities with stops above $3,300 and downside targets at $3,200 and $3,120. In summary, gold is at a critical point on the chart. The current structure suggests a potential breakout is coming, and traders should be ready to act based on confirmed moves beyond key levels. Whether this pattern leads to a strong bullish continuation or a failed setup, the movement is expected to be sharp and potentially rewarding. This is a high-probability setup worth watching closely in the coming days. ================================================================= Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. =================================================================
TRADENATION:XAUUSDLong
by TradZoo
Titan | Swing | Breakout Titan has just given a clean trendline breakout followed by a successful retest, which makes this setup quite interesting from a positional swing trade perspective. ✅ Trendline Breakout • The stock broke a strong descending trendline that had been acting as resistance for several months. ✅ Retest and Bounce • After the breakout, Titan came back to retest the breakout level near ₹3,380, which held well — a classic bullish sign. This bounce happened around the 38.2% Fibonacci retracement zone — another technical confluence that adds weight to the trade idea. ⸻ 📈 Entry, Targets & Stop Loss • Entry Zone: Around ₹3,665 – ₹3,695 • Stop Loss (SL): Below ₹3,202 Important note: If price breaks below ₹3,500 without RSI crossing 75, it might lead to negative RSI divergence — a warning of weakening momentum. In that case, better to exit to avoid capital getting stuck. ⸻ 🎯 Targets Based on Fibonacci Extensions: • Target 1: ₹4,123 • Target 2: ₹4,324 • Target 3: ₹4,580 These targets are calculated using Fibonacci extension levels, with the final one being the 1.618 golden ratio zone. ⸻ Disclaimer: Do your own analysis before putting money in investment. Idea is for education purpose to share and learn within trading view community. Not a suggestion to put your hard earn money.
NSE:TITANLong
by IMStockwala
4
HINDUSTAN AERONAUTICS LTDAs of June 6, 2025, Hindustan Aeronautics Ltd. (NSE: HAL) is trading at approximately ₹5,071.60, reflecting a 2.25% increase over the previous day. Here's a detailed technical analysis focusing on daily support and resistance levels: 📊 Daily Pivot Points (Classic Method) Based on the previous day's high, low, and close, the daily pivot levels are: Pivot Point: ₹5,053.53 Support Levels: S1: ₹5,008.06 S2: ₹4,944.53 S3: ₹4,899.06 Resistance Levels: R1: ₹5,117.06 R2: ₹5,162.53 R3: ₹5,226.06 📈 Fibonacci Pivot Points Using Fibonacci calculations, the levels are: Pivot Point: ₹5,053.53 Support Levels: S1: ₹5,011.90 S2: ₹4,986.17 S3: ₹4,944.53 Resistance Levels: R1: ₹5,095.17 R2: ₹5,120.90 R3: ₹5,162.53 🔍 Camarilla Pivot Points Derived using the Camarilla method: Pivot Point: ₹5,053.53 Support Levels: S1: ₹5,061.61 S2: ₹5,051.62 S3: ₹5,041.63 Resistance Levels: R1: ₹5,081.59 R2: ₹5,091.58 R3: ₹5,101.58 📌 Trading Insights Immediate Support: ₹5,008.06 (Classic S1) Immediate Resistance: ₹5,117.06 (Classic R1) Given the current price of ₹5,071.60, the stock is trading near its pivot point, suggesting potential for upward movement if it breaks above the immediate resistance. However, traders should monitor for any signs of reversal or consolidation around these levels.
NSE:HALLong
by TechnicalExpress
L&T FINANCE LTDAs of June 6, 2025, L&T Finance Ltd. (NSE: LTF) is trading at approximately ₹180.82. Here's a detailed technical analysis focusing on daily support and resistance levels: 📊 Daily Pivot Points (Classic Method) Calculated based on the previous day's high, low, and close prices: Pivot Point: ₹180.82 Support Levels: S1: ₹177.34 S2: ₹171.32 S3: ₹167.84 Resistance Levels: R1: ₹186.84 R2: ₹190.32 R3: ₹196.34 📈 Fibonacci Pivot Points Based on Fibonacci calculations:\ Pivot Point: ₹180.82 Support Levels: S1: ₹177.19 S2: ₹174.95 S3: ₹171.32 Resistance Levels: R1: ₹184.45 R2: ₹186.69 R3: ₹190.32 🔍 Camarilla Pivot Points These levels are derived using the Camarilla method: Pivot Point: ₹180.82 Support Levels: S1: ₹182.49 S2: ₹181.62 S3: ₹180.75 Resistance Levels: R1: ₹184.23 R2: ₹185.10 R3: ₹185.97 📌 Trading Insights Immediate Support: ₹177.34 (Classic S1) Immediate Resistance: ₹186.84 (Classic R1) Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹186.84 could signal bullish momentum, while a drop below ₹177.34 might indicate bearish pressure.
NSE:LTFLong
by TechnicalExpress
GILLETTE INDIA LTDAs of June 6, 2025, Gillette India Ltd. (NSE: GILLETTE) is trading at approximately ₹10,232.00, marking a 27.45% increase over the past month. 📊 Monthly Pivot Points (Classic Method) Calculated based on the previous month's high, low, and close prices: Pivot Point: ₹10,306.67 Support Levels: S1: ₹8,993.33 S2: ₹8,109.67 S3: ₹6,796.33 Resistance Levels: R1: ₹11,190.33 R2: ₹12,503.67 🔍 Fibonacci Pivot Points Based on Fibonacci calculations: Pivot Point: ₹10,306.67 Support Levels: S1: ₹9,832.59 S2: ₹8,154.08 S3: ₹6,796.33 Resistance Levels: R1: ₹10,351.08 R2: ₹11,190.33 📈 Technical Indicators Summary Moving Averages: All major moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are indicating a Strong Buy signal. Relative Strength Index (RSI): 81.19 – Overbought MACD: 194.05 – Buy ADX: 96.24 – Overbought Stochastic Oscillator: 82.92 – Overbought 📌 Trading Insights Immediate Resistance: ₹11,190.33 (Classic R1) Immediate Support: ₹8,993.33 (Classic S1) Given the current price of ₹10,232.00, the stock is trading near its pivot point, suggesting potential for upward movement if it breaks above the immediate resistance. However, the overbought RSI and ADX indicators suggest caution, as the stock may be due for a short-term correction.
NSE:GILLETTELong
by TechnicalExpress