Precision Meets Patience | SAKSOFT Chart WTF🔻 A clean Control Trendline (CT) drawn from the all-time peak (🔺) on the Weekly Time Frame (WTF) shows a long-term price memory resistance finally getting tested.
📏 Overlapping that is a hidden horizontal resistance (⚪ dotted white line), representing the final hurdle before the stock can challenge the supply zone.
🟧 Mother Candle Structure: A powerful consolidation candle has now been broken with strength, giving us structure + intent in one move.
🔊 Volume speaks! We’ve seen two separate clusters of high volume, confirming active participation—not a lonely breakout.
📈 The trendline from bottom left is giving both body and wick supports—a technically clean angle where structure meets sentiment.
📝 Note:
This is a structural breakdown meant for educational and analytical purposes. Not a forecast or recommendation.
Technical Analysis
XAUUSD: Breakout Confirms Bullish ReversalGold has successfully broken out of the descending channel after consolidating around the $3,276 area, signaling a strong return of bullish momentum. The breakout occurred precisely at a confluence of multiple Fair Value Gaps, propelling price toward the $3,357 resistance zone.
Despite a slight rebound in the US dollar, growing concerns over the US fiscal deficit and proposed tax reforms are driving investors back into gold as a safe haven. Meanwhile, US bond yields remain low, and the dollar lacks the strength to suppress gold demand.
As long as price holds above $3,320, any pullback can be seen as a buying opportunity in this newly confirmed uptrend. The next target sits around $3,357, with potential for a move toward previous highs.
TRENT LTD – INTRADAY ZONE ANALYSIS________________________________________________________________________________
📈 TRENT LTD – INTRADAY ZONE ANALYSIS
📆 Date: July 1, 2025 | ⏱ Timeframe: 15-Minute Chart
🔍 Educational Analysis for Learning Purposes Only
________________________________________________________________________________
📊 Zone Breakdown:
• 🔴 Top Range Resistance – 6,261
Marked in Red: This is a key supply zone where the price has previously stalled. Traders should watch for bearish reversal candlestick patterns like a bearish engulfing, evening star, or long upper wick rejection. A lack of follow-through volume here may indicate exhaustion.
• 🟠 Neutral Zone – Avoid Trade Area (6,155 – 6,210)
Marked in Orange: Price tends to be indecisive here. This is a “no trade zone” unless supported by a strong trend direction and setup. Historically, it has shown sideways movement and choppy behaviour.
• 🟢 Demand Zone – 6,105 to 6,066.50 | SL: 6,058.10
Marked in Green: Price reacted sharply from this zone with rising volume. A bullish engulfing candle confirmed demand here. Ideal for watching pullback opportunities on re-tests, supported by bullish confirmation candles.
• 🟩 Bottom Support – 5,968
A strong base level. A breakdown below this zone may signal a shift in short-term structure. Look for volume spike and wide-bodied red candle for bearish confirmation.
________________________________________________________________________________
🔍 Candlestick Observation:
At the Top Resistance Zone (6261), recent candles show upper wicks and indecision, but no strong bearish reversal yet. Volume is elevated, signaling activity, but candles show hesitation.
🧠 Interpretation: This could be an early sign of supply pressure. A follow-up bearish engulfing or strong rejection candle may validate a reversal. Until then, price may consolidate within the zone.
________________________________________________________________________________
⚙️ Educational Trade Ideas (Study Purpose Only)
▶️ Reversal Setup – Bearish Bias
• Entry: Below ₹6,190 on confirmation candle from resistance zone
• Stop Loss: Above ₹6,265
• Risk-Reward: 1:1 | 1:2 +
• 🧠 Ideal for learning how price reacts to supply after a sharp rally
________________________________________________________________________________
▶️ Pullback Setup – Bullish Bias
• Entry: Near ₹6,100–₹6,110 on bullish confirmation from demand zone
• Stop Loss: ₹6,058
• Risk-Reward: 1:1 | 1:2 +
• 🧠 A classic “Breakout–Retest–Continuation” setup with proper risk management
________________________________________________________________________________
⚠️ Disclaimer (SEBI-Compliant):
This content is shared strictly for educational and informational purposes only. It does not constitute investment advice or a trading recommendation. Always consult a SEBI-registered financial advisor before making investment decisions.
STWP | Learn. Trade. Grow.
________________________________________________________________________________
💬 What do you think about this TRENT setup?
Did you observe any volume divergence or trendline reaction?
👇 Drop your insights in the comments — let’s grow together!
________________________________________________________________________________
Bonus:
Strong Bullish Momentum or a Short-Term Setback?XAUUSD Analysis – 02/07: Strong Bullish Momentum or a Short-Term Setback?
Gold has made a strong recovery after a brief period of consolidation last month, and it continues to show signs of strong bullish momentum. The price has been fluctuating, yet the overall trend remains positive. Let’s dive into the technical setup for today’s trading session.
📊 Market Overview:
Recent Price Action: After confirming a bullish reversal on the H1 timeframe earlier this week, Gold has surged significantly. Yesterday, it reached 3358, completing wave 3 of an Elliott structure on the M30 chart, followed by a slight correction during the US and Asian sessions.
Short-Term Correction: Wave 4 is currently underway, and there are two potential outcomes for this correction:
It could find support at 3328-3330, leading to a continuation of the bullish trend.
Alternatively, it may dip further to the 330x range before resuming the uptrend.
🧭 Key Levels to Watch:
Support: 3328 – 3313 – 3304 – 3294
Resistance: 3344 – 3360 – 3368 – 3388
🧠 Trading Strategy for Today:
Buy Scenario:
Watch for a potential bounce around the 3328-3330 range. If this area holds, we can look for buying opportunities with a target towards 3358 and 3360.
If the price breaks through the 3340 level, consider entering long positions and setting targets around 3350-3360.
Sell Scenario:
Sell Near Resistance: A quick scalping opportunity could arise near the 3388-3390 resistance zone. Tight SL and reasonable TP at 3384-3380 are the targets to aim for.
For a longer-term Sell position, wait for a clearer breakdown below 3370 to target deeper levels like 3360.
🎯 Trading Plan for Today:
BUY ZONE:
Entry: 3306 – 3304
SL: 3300
TP: 3310 → 3315 → 3320 → 3325 → 3330 → 3340
SELL ZONE:
Entry: 3388 – 3390
SL: 3394
TP: 3384 → 3380 → 3376 → 3370 → 3365 → 3360 → 3350
⚡️ Key Considerations:
The US macroeconomic data release and potential volatility from ADP NonFarm Payrolls today could provide significant movement, so stay alert and monitor the data closely.
In Summary:
Bullish bias remains intact with strong buy opportunities around key support levels like 3328-3330.
For short-term traders, focus on quick scalping within the resistance zones, but don’t forget to follow the trend for the longer-term buy strategy.
💡 Stay cautious with your Stop Loss (SL) and Take Profit (TP) to manage risk effectively. Happy trading! 🌟
XAUUSD jumps 4,873 pips – Is the bullish momentum back?Yesterday, gold surged by 4,873 pips, equivalent to a $48.73 gain, signaling strong buying pressure after a technical correction. Price rebounded from Support 1 near $3,264 — a key support zone in previous sessions. The current price structure suggests a high probability of breaking above the $3,347 resistance and continuing toward the $3,389 target. Notably, the filled green FVG zone confirms the recovery and reinforces confidence in the bullish outlook.
On the news front, the de-escalation of the Iran–Israel conflict caused a brief drop in gold earlier. However, the US dollar remains at its weakest level in three years, and rising concerns over a potential budget deficit from the $3.3–3.9 trillion US tax reform package continue to support gold as a safe-haven asset.
Trade strategy: Look for long opportunities if price holds above $3,264 and clearly breaks through $3,347. The next upside target lies around the $3,389 resistance zone.
MAHSEAMLES - Symmetrical Triangle Breakout📊 MAHSEAMLES – Symmetrical Triangle Breakout | RSI Bullish | Volume Surge | Daily Timeframe
📅 Chart Date: June 26, 2025
📈 CMP: ₹736.55 (+7.20%)
📍 Ticker: NSE:MAHSEAMLES
🔍 Technical Analysis Overview
🔺 Symmetrical Triangle Breakout
After months of consolidation within a symmetrical triangle pattern, MAHSEAMLES has broken out with a strong bullish candle
Breakout level: Above ₹725, confirmed with strong price momentum
Breakout marks potential trend reversal and beginning of new bullish phase
📊 Volume
Volume spike to 1.77M, significantly higher than recent average – validates breakout strength
📈 RSI Indicator (14)
RSI at 65.26, trending upwards – bullish zone
Previous RSI Bullish signals noted at key turning points, providing confluence
📍 Key Technical Levels
✅ Breakout Level: ₹725
🚀 Potential Upside Targets (based on pattern height projection):
₹770
₹800
₹840+
🛡️ Support Zones:
₹700 (retest zone)
₹670 (lower trendline support)
₹635 (triangle base)
💡 Trade Setup Idea
Entry: On breakout close above ₹725 with confirmation
Stop Loss: Below ₹695 (just under triangle resistance)
Targets: ₹770 → ₹800 → ₹840+
Risk-Reward: Favorable with pattern breakout and rising momentum
⚠️ Disclaimer
This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.
SOUTHBANK – Breakout From Cup & Handle | Daily Chart📊 SOUTHBANK – Breakout From Cup & Handle | RSI Bullish | High Volume | Fibonacci Levels | Daily Chart
📅 Chart Date: July 2, 2025
📍 CMP: ₹31.60 (+2.63%)
📈 Symbol: NSE:SOUTHBANK
🔍 Technical Breakdown
✅ Cup & Handle Breakout
A perfect cup & handle pattern breakout is visible
Price breaks out above the neckline at ₹31.08, which was a strong resistance zone
Breakout supported by rising volume (25.1M) adds conviction
📊 RSI Momentum
RSI (14) reading at 67.96 signals bullish strength, approaching overbought but not yet extreme
RSI crossover and previous bullish divergence helped initiate the move
📐 Fibonacci Retracement Levels (Swing: ₹22.21 to ₹36.46)
38.2% – ₹27.65
50.0% – ₹29.33
61.8% – ₹31.08 ✅ (Breakout zone)
78.6% – ₹33.41
100% – ₹36.46 🎯
🏁 Key Levels
Breakout Zone (Neckline): ₹31.08
CMP: ₹31.60
Resistance Levels: ₹33.41 → ₹36.46
Support Levels: ₹29.33 → ₹27.65
💡 Trade Idea
Entry: Above ₹31.10 on volume confirmation
SL: Below ₹29.30
Targets: ₹33.40 → ₹36.40+
Momentum + Breakout = High Conviction Setup
⚠️ Disclaimer
This analysis is for educational purposes only. Always do your own research and consult a registered advisor before investing.
RELIANCE – Short Covering Fueling a Reversal?📈 RELIANCE – Short Covering Fueling a Reversal?
🔍 Heavy Action Across 1500–1570 CEs | Bullish Reversal on the Cards?
Chart Type: 15-min / 1H / Daily
Indicators: STWP Zones, Option Chain Activity, Volume Clusters, Demand-Supply
🔹 What’s Catching Our Eye?
✅ Aggressive Long Build-Up across multiple CEs (1550–1580)
✅ Massive Short Covering on 1500–1530 Calls – Bears exiting fast
✅ Huge OI Additions at 1550, 1560, 1570 CEs – Smart money positioning ahead?
✅ Put Writers Building Base at 1500–1520 PE → Strong support developing
✅ Spot Price at ₹1528.4 – Right at the heart of breakout zone
✅ IVs remain in control (~15.9–16.3%) = room for expansion
📊 What We’re Watching for:
📍 Breakout Zone: 1530–1540
📍 Targets: 1560 → 1580 → 1600
📍 Invalidation Below: 1490
📍 Momentum Confirmation: Price closing above 1540 with volume & OI spike
📍 Option Chain Support: 1500 PE (OI: 29.3L) + short build-up in multiple puts
📌 Trade Plan (Educational Purpose Only):
🔹 Bullish Idea: Buy above 1530–1540 with SL below 1490
🔹 Options Play: 1550 or 1560 CE suitable for short-term directional trades
🔹 Positional Angle: Momentum may sustain toward 1600 if 1540 holds
⚠️ Disclaimer:
This post is for educational and learning purposes only.
It does not constitute buy/sell advice or investment recommendation.
Always consult your financial advisor before taking any positions.
STWP is not liable for any financial decisions based on this content.
📚 “When bears cover in panic, bulls prepare their charge.”
💬 What’s your take on Reliance? Is 1600 on the radar, or is this just a squeeze?
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.
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🧠 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.
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📦 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 👇
________________________________________________________________________________
Breakout Confirmation Above ₹2491 - Trend Reversal in Play?After months of downtrend, Asian Paints is showing signs of reversal. A clear Change of Character (CHoCH) has been marked, and the price is approaching a key resistance at ₹2491.
🔍 Trade Idea:
Entry (Trigger): Weekly close above ₹2491 (break of recent BSL)
Target: ₹3203 (Previous high + Weekly Fair Value Gap zone)
Stop Loss: Below swing low around ₹2110
Risk-Reward: Approx. 1:2.8+
📌 Technical Confluences:
CHoCH confirmed in mid-2025
Weekly FVG above offers price imbalance that price may seek to fill
Current structure forming a higher low with bullish momentum
💬 Idea: Wait for a strong weekly close above ₹2491 for confirmation. Once confirmed, a potential rally towards ₹3200+ is in play, targeting the FVG zone and liquidity above the previous swing high.
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research and use proper risk management.
BLUE STAR LTD. – TECHNICAL ANALYSIS📈 BLUE STAR LTD. – TECHNICAL ANALYSIS
📆 Date: July 1, 2025 | ⏱ Timeframe: Daily Chart
🔍 Educational Breakdown – For Learning & Study Use Only
________________________________________________________________________________
🔹 Price Action Zones
• 🔴 Top Range (Resistance): 2417
• 🟢 Bottom Range (Support): 1521
________________________________________________________________________________
🔹 Chart Pattern: ✅
Rectangle/Box Consolidation Breakout – Price was range-bound in a tight zone and has given a strong breakout on high volume, indicating bullish intent.
________________________________________________________________________________
🔹 Reversal Candlestick Patterns
• Top Range (2417): ⛔ No recent candlestick activity visible at the top range.
• Bottom Range (1521): Todays Candle
✅ Bullish Engulfing + Strong Bullish Candle
✅ RSI Bounce + Volume Spike
✅ Confirmed by Price Action and Momentum Indicators
________________________________________________________________________________
📊 Trade Plan (Based on Reason and Logic)
🔼 Bullish Trade Setup:
• Entry: 1715 (Breakout Candle Close)
• Stop Loss: 1614.45 (Below consolidation and bullish candle)
• Target 1: 1850
• Target 2: 1980
• Reason:
o Strong breakout with above-average volume
o Multiple confirmations (RSI, Bollinger Band, Supertrend)
o Box breakout with previous supply cleared
________________________________________________________________________________
🔽 Bearish Trade Setup:
• If price fails to sustain above 1715 and closes back below 1680 zone
• Entry: Below 1665 (Fakeout confirmation)
• SL: Above 1715
• Target: 1615 / 1550
• Reason: Potential failed breakout & liquidity trap
________________________________________________________________________________
📌 Disclaimer
This analysis is shared 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 making trading decisions. Always use proper risk management and trade only with confirmation.
________________________________________________________________________________
💬 Comments
What’s your view on Britannia?
Drop your thoughts and chart setups
________________________________________________________________________________
Indian Overseas Bank (IOB) - Falling Channel Breakout Setup📈 Indian Overseas Bank (IOB) – Falling Channel Breakout Setup
Watching a classic falling channel on the daily timeframe with multiple touches on both trendlines. Recent breakout above ~38.8 confirms the channel break.
✅ Planned Trade Details:
- Entry above 38.8 (confirmation)
- Stop-loss: 35.90
- ATR-based stop option: ~37.45 for tighter risk control
- Target zone: 48.80 based on channel height projection
Volume confirmation and follow-through will be key for validating the breakout. Tracking this for a positional swing trade.
ENVIRO INFRA ENGINEERS (NSE: ENVIRO)View: Strongly Bullish.
Bias: Trend reversal confirmed.
Strategy:
BUY: Initiate around ₹240-₹245 or on retest of ₹230-₹235.
Targets (T):
T1: ₹262
T2: ₹287
T3: ₹312
Stop-Loss (SL): ₹220 (on daily closing basis).
Reasoning:
Decisive breakout from a significant long-term descending trendline.
Strong volume confirming the breakout.
RSI indicating robust bullish momentum.
Potential for significant upside as stock recovers from prior fall.
Note: This is an educational analysis and not financial advice. Do your own due diligence before investing.
BRITANNIA INDUSTRIES LTD. – INTRADAY ZONE ANALYSIS📈 BRITANNIA INDUSTRIES 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): ₹5869.50
🟢 Bottom Range (Support): ₹5721
⚪ Neutral Zone: Between ₹5732 – ₹5804 (No clear directional bias until breakout from either zone)
________________________________________
🧩 Chart Pattern: No
There’s no prominent chart pattern (e.g., flag, wedge, triangle) seen in the current snapshot. This is primarily a demand-supply structure with price action analysis.
________________________________________
🔁 Reversal Candlestick Patterns:
🔴 Top Range: No textbook reversal candle observed yet. However, the previous rejection from ₹5822–₹5804 still makes this zone valid for bearish observation.
🟢 Bottom Range: ✅ Morning Star pattern identified near ₹5721.
This is a strong bullish reversal pattern indicating potential buyer strength emerging from the demand zone.
________________________________________
🧠 1. Trade Plan (Based on Reason and Logic)
🔼 Bullish Trade:
Idea: Go long if price retests ₹5732–₹5721 and holds with bullish confirmation (preferably another higher low or volume spike).
Stop Loss: Below ₹5715
Risk-Reward: 1:1 | 1:2+
Logic: Presence of a valid Morning Star reversal at demand zone suggests buyer strength and potential upside toward ₹5800+.
________________________________________
🔽 Bearish Trade:
Idea: Short if price rallies to ₹5822–₹5804 and shows rejection (bearish wick, reversal candle, volume drop).
Stop Loss: ₹5827.25
Risk-Reward: 1:1 | 1:2+
Logic: Previously reacted supply zone with strong rejection. If tested again without volume confirmation, short setup is valid.
________________________________________
📦 2. Trade Plan Based on Demand/Supply Zones
🟥 Supply Zone: ₹5822 – ₹5804
SL: ₹5827.25
Plan: Enter short only if price rejects the zone again with bearish confirmation.
Risk-Reward: 1:1 | 1:2+
🟩 Demand Zone: ₹5732 – ₹5721
SL: ₹5715.60
Plan: Enter long if the zone holds, ideally using the Morning Star as confirmation.
Risk-Reward: 1:1 | 1:2+
________________________________________
📌 Disclaimer
This analysis is shared 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 making trading decisions. Always use proper risk management and trade only with confirmation.
________________________________________
💬 Comments
What’s your view on Britannia?
Will the Morning Star at the demand zone lead to a reversal, or will supply pressure dominate again?
Drop your thoughts and chart setups below 👇
________________________________________
BTCUSD Short Opportunity – Bearish Channel Resistance TestPair: BTCUSD
Timeframe: 4H
I’m planning a short position on Bitcoin based on this well-defined descending channel structure.
🔹 Setup Explanation:
Price has been respecting a downward-sloping channel, with multiple touches at both the upper and lower bounds.
Currently, BTC is testing the upper trendline resistance of this channel near the $108,000–$109,000 area.
This area also aligns with prior supply zones where strong selling pressure emerged.
The recent impulsive move up appears overextended, increasing the likelihood of a technical pullback.
🔹 Potential Reversal Area:
Upper channel boundary: ~108,500–109,000 USD
Confluence with previous horizontal resistance
Weak momentum candles forming near this resistance
🔹 Trade Plan:
Entry Zone: Between 108,000–109,000 (as price consolidates near the channel top)
Stop-Loss: Above 110,000 to protect against breakout and invalidation of the pattern
Target Zone:
First Target (TP1): 104,500 (gray support zone mid-channel)
Second Target (TP2): 97,000 (lower channel boundary)
🎯 Risk-to-Reward:
Targeting a 1:2 to 1:3 R:R, depending on execution
This means risking ~1,500–2,000 points for a potential reward of 4,000–10,000 points
🛡️ Important Notes:
Watch for strong bullish momentum or a clean breakout above 110,000—this invalidates the setup.
Confirm rejection with lower timeframe bearish signals (e.g., bearish engulfing or supply zone rejection).
Be prepared to trail stop after TP1 is hit to secure profits.
✅ Summary:
This setup aims to capitalize on the potential rejection from the upper boundary of a long-standing descending channel, expecting BTCUSD to retest the mid and lower range support zones.
BHARAT FORGE LTD. – INTRADAY ZONE ANALYSIS________________________________________________________________________________
📈 BHARAT FORGE 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): 1324.50
🟢 Bottom Range(Support): ₹1270
⚪ No Trade Zone: Mid-range, no clear directional bias
________________________________________________________________________________
🧩 Chart Pattern: No
There is no visible or marked chart pattern (e.g., flag, triangle, head and shoulders) on the chart.
________________________________________________________________________________
🔁 Reversal Candlestick Patterns:
🔴 Top Range: No visible reversal candle pattern at the supply zone on this chart snapshot, but the area has been marked for potential rejection.
🟢 Bottom Range: No textbook reversal candlestick (like pin bar, hammer, or engulfing) is clearly visible at ₹1270. However, the price bounced strongly from this level, indicating possible short-term support or buyer interest.
________________________________________________________________________________
🧠 1. Trade Plan (Based on Reason and Logic)
🔼 Bullish Trade:
Idea: If price retests ₹1270 and forms a bullish structure (strong bullish candle, reversal candles, volume support, long wick)
Stop Loss: Below ₹1269
Risk-Reward: 1:1 | 1:2+
Logic: you need to give an actual logic to this
________________________________________________________________________________
🔽 Bearish Trade:
Idea: If price rejects 1324.50 and forms a bearish structure (strong bearish candle, reversal candles, volume support, long wick)
Stop Loss: ₹1325
Risk-Reward: 1:1 | 1:2+
Logic: Historically rejected area as marked on chart.
________________________________________________________________________________
📦 2. Trade Plan Based on Demand/Supply Zones
🟥 Supply Zone Trade:
Zone: ₹1293.30 – ₹1299.90
SL: ₹1301.45
Plan: Trade the Supply Zone (only on rejection confirmation)
Risk-Reward: 1:1 | 1:2+
🟩 Demand Zone: No defined demand zone.
________________________________________________________________________________
📌 Disclaimer
This analysis is shared 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 making trading decisions. Always use proper risk management and trade only with confirmation.
________________________________________________________________________________
💬 Comments
What’s your view on Bharat Forge?
Will it reject from the supply zone or hold the bottom range?
Share your charts or thoughts below 👇
________________________________________________________________________________
APOLLO HOSPITALS (NSE: APOLLOHOSP)View: Strongly Bullish.
Bias: High momentum uptrend.
Strategy:
BUY: Initiate at current levels (around ₹7500) or on dips towards ₹7250-₹7300, or on a confirmed daily close above ₹7600.
Targets (T):
T1: ₹7800-₹8000
T2: ₹8250-₹8500
Stop-Loss (SL): ₹7150 (on daily closing basis).
Reasoning:
Confirmed breakout from a significant Rectangle/W-pattern consolidation.
Exceptional volume accompanying the breakout.
Strong bullish momentum indicated by RSI.
Potential for a new leg of the uptrend after clearing ₹7600.
Note: This is an educational analysis and not financial advice. Do your own due diligence before investing.
CESC Ltd. (NSE: CESC) - Weekly Chart AnalysisView: Bullish on confirmed breakout.
Bias: Positive momentum.
Strategy:
BUY: Above ₹178-180 (on weekly closing basis, confirming trendline and resistance breakout).
Targets (T):
T1: ₹195-200
T2: ₹210-220+
Stop-Loss (SL): ₹168 (on weekly closing basis).
Reasoning:
Attempting a breakout from a significant descending trendline.
Cleared horizontal resistance at ₹175.
Bullish crossover in moving averages with price above all MAs.
Strong RSI and supportive volume.
Potential for a major trend reversal.
Note: This is an educational analysis and not financial advice. Do your own due diligence before investing.
TORRENT PHARMACEUTICALS LTD. (TORPHARM) View: Bullish on confirmed breakout.
Bias: Positive momentum building.
Strategy:
BUY: Above ₹3600 (on weekly closing basis with strong volume confirmation).
Targets (T):
T1: ₹3750
T2: ₹3950+
Stop-Loss (SL): ₹3400 (on weekly closing basis).
Reasoning:
Strong support at ₹3000-₹3050.
Challenging multi-month descending trendline resistance.
Positive RSI divergence and increasing volume.
Potential for a significant trend reversal if breakout is confirmed.
XAUUSD 01/07: GOLD'S RELIEF RALLY FROM A MONTHLY LOWXAUUSD 01/07: GOLD'S RELIEF RALLY FROM A MONTHLY LOW – USD WEAKENS, BUT CLEAR MOMENTUM IS STILL MISSING
🌍 Market Overview – USD Weakness & Gold's Rebound Potential
After a significant drop to a one-month low, Gold is beginning to recover slightly, partly due to a weaker USD, improving market sentiment. However, the rally remains cautious and still lacks a strong momentum to push gold decisively higher.
💵 USD Weakness: Can Gold Continue to Rebound?
Recent US economic data has shown a slight decline in consumer spending, which has led to speculations that the Federal Reserve may take a more dovish stance on interest rates in the near future. This has weakened the USD, providing room for Gold to rebound slightly.
That said, there hasn't been a significant catalyst to push Gold into a strong breakout yet.
📉 The Fed is Still the Key Player
The market is closely watching the Fed's next moves. However, there’s a divide on whether interest rates will be cut or maintained. The recent US data isn’t weak enough to warrant a policy change from the Fed, but it’s also not strong enough for the Fed to keep its hawkish stance intact.
This leaves Gold in a limbo, with no clear direction in the near term. Gold is caught between weak expectations of further rate cuts and the ongoing strength of the USD.
🧠 Analysis for Traders:
Gold is responding lightly to macroeconomic factors but hasn’t established a strong trend. This is a period prone to market noise—Gold may jump up and down on news, but the momentum required to establish a consistent trend is lacking.
Traders should monitor USD movements and US labor data closely this week, especially the NFP report, as this could provide more clarity for Gold’s future direction.
✍️ Conclusion:
Gold is recovering from its lows, but it remains uncertain.
The Buy side hopes for rate cuts by the Fed.
The Sell side is betting on USD strength.
As for us traders, let’s stay patient, observe closely, and be ready for the next move. The big wave may still be coming, but smaller price actions right now could give us clues for the upcoming trend.
🔶 Key Levels & Strategy:
Current Support Zone: Gold is holding above the critical psychological support levels of 3300-3304. If the upward momentum continues, a move towards 335x-337x is highly possible in the near term.
Liquidity Gap: Currently, there’s a liquidity gap at the higher levels. The goal is for Gold to rise further to fill this gap before any deeper retracement occurs.
📈 Trading Plan:
BUY ZONE: 3303 – 3301
‼️ SL: 3297
✔️ TP: 3306 → 3310 → 3315 → 3320 → 3325 → 3330 → ???
SELL ZONE: 3358 – 3360
‼️ SL: 3364
✔️ TP: 3354 → 3350 → 3345 → 3340 → 3320
⚡ Final Thoughts:
As the market awaits further data, keep an eye on these key support and resistance levels for your trading setups.
The overall trend is still upward, but short-term volatility is expected. Make sure to follow your risk management strategies.
VOLTAMPVOLTAMP may give a good upside move if it gives breakout.
It's been making HH-HL formation, broke resistance and re-tested it, now seems ready.
Keep following it.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
Powerful Monthly Channel | Clean Price Structure Across📉 Description:
-This is a classic example of a broadening falling channel on the Monthly Time Frame (MTF), where the counter-trendline (CT) has just been taken out by a strong bullish candle. Volume confirms the strength
📌What makes this setup particularly interesting:
-MTF structure: Despite a series of lower lows on the monthly, it has respected the broad structure of the falling channel throughout.
-WTF/DTF structure: Weekly and Daily timeframes are making higher lows (HLs),
-Price behavior: Clean reaction to the trendline and no choppiness around breakout — this reflects a well-absorbed selling zone
⚠️ This is not a forecast, not a call or tip — just me charting what I see. Drop any doubts in the comments.
BTCUSDT – Targeting 125,000 if Resistance BreaksBTCUSDT is holding a strong uptrend, with price respecting the ascending trendline and consistently filling fair value gaps. The pair is approaching key resistance around 110,000 and may form a breakout–retest pattern, potentially unlocking a move toward 125,000.
On the news front, institutional inflows are returning, spot ETFs continue to attract capital, and the Fed is keeping rates steady — all supporting bullish momentum. As long as price holds above 101,200, the upside scenario remains in play.