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TORNTPHARM - 52-Week Breakout With Institutional Conviction________________________________________ 💹 Torrent Pharmaceuticals Ltd (NSE: TORNTPHARM) Sector: Pharmaceuticals | CMP: ₹3,817.50 | View: 52-Week Breakout With Institutional Conviction ________________________________________ 📊 Price Action: Torrent Pharma delivered a powerful 52-week breakout candle backed by exceptionally high volume, confirming strong institutional participation and renewed leadership momentum within the pharma space. After consolidating for several weeks between ₹3,400–₹3,650, the stock broke through resistance with a wide-range bullish candle, signaling a structural shift from accumulation to expansion. The follow-through strength and delivery volume highlight conviction buying, positioning Torrent Pharma for potential short- to medium-term trend continuation. ________________________________________ 💼 HNI Trade Levels (STWP Setup): Aggressive Entry: ₹3,817–₹3,835 | Stop Loss: ₹3,660 Low-Risk Entry: ₹3,770 | Stop Loss: ₹3,594.09 The breakout session recorded 1.65M shares vs 0.23M average, confirming institutional footprints. Price structure has cleanly shifted into higher territory, with ₹3,665–₹3,700 now acting as the new demand base. Sustaining above this zone keeps the bias firmly bullish with room for further upside extension. ________________________________________ 📉 Chart Pattern Analysis – 52-Week Breakout (Institutional Structure): Torrent Pharma has been in a multi-week compression phase, forming a tight base under the ₹3,700 resistance zone. Such base formations often precede high-conviction institutional breakouts, and the explosive candle with volume confirmation validates that the breakout is not speculative but driven by genuine accumulation. The move aligns with sectoral strength seen across quality pharma counters, where price action is transitioning from range-bound to trending behavior. This breakout now places Torrent Pharma in the leadership bracket within the pharma index structure, supported by momentum and delivery expansion. ________________________________________ 📈 STWP Trading Analysis: Bullish Breakout: ₹3,817–₹3,835 | Stop Loss: ₹3,660.06 The breakout candle exhibited strong momentum with a 7x volume surge, indicating clear participation from institutions and long-only funds. Price has decisively closed above short- and medium-term EMAs, confirming trend alignment across daily and weekly timeframes. Holding above ₹3,665–₹3,700 will maintain the bullish bias, keeping the setup active toward ₹3,935–₹4,015 in the short term. A sustained close above ₹3,935 can potentially open the next expansion leg toward ₹4,145 levels. ________________________________________ 📈 Candlestick Structure – Bullish Strength Confirmation: The breakout candle represents a strong bullish engulfing formation, signaling complete control by buyers. The large body-to-wick ratio and volume expansion confirm institutional momentum entry rather than retail-driven strength. Such candles following a multi-week base often mark early-stage uptrend resumption phases, where risk-to-reward remains highly favorable if trend levels hold. ________________________________________ 📏 Fibonacci Analysis: From swing low ₹3,079 to swing high ₹3,835: 61.8% retracement @ ₹3,436 → Major base support 50% retracement @ ₹3,457 → Structural accumulation zone 23.6% retracement @ ₹3,666 → Confirmed demand zone Sustaining above the 23.6% level keeps the momentum firmly intact, while a clean close above ₹3,935 validates continuation toward ₹4,145–₹4,185 Fibonacci extension levels. ________________________________________ 🧭 STWP Support & Resistance: Resistances: ₹3,901 | ₹3,984 | ₹4,134 Supports: ₹3,667 | ₹3,518 | ₹3,344 The ₹3,665–₹3,700 area remains the immediate accumulation pocket, aligning with EMA support and Fibonacci confluence. The breakout above ₹3,835 confirms strength, while supports around ₹3,500 represent deeper institutional demand zones. ________________________________________ 📊 STWP Volume & Technical Setup: Today’s session saw 1.65M shares traded vs 0.23M average, validating strong institutional accumulation and conviction buying. Indicators confirm trend strength: RSI (70+) – sustaining above bullish zone. MACD – positive crossover maintained. CCI & Stochastic – both elevated, reflecting momentum expansion. Overall alignment across daily and weekly charts confirms trend continuation potential. Trend Direction: UPTREND | Volume Confirmation: Strong Institutional Activity ________________________________________ 🧩 STWP Summary View: Final Outlook: Momentum: Strong | Trend: Bullish | Risk: Moderate | Volume: High Torrent Pharma’s breakout signifies a transition from accumulation to expansion, supported by clear institutional conviction and strong technical structure. As long as the price sustains above ₹3,665–₹3,700, the bias remains bullish with targets toward ₹3,935–₹4,145 in the near term. The setup continues to display a clean risk–reward framework within an evolving leadership trend in the pharma sector. ________________________________________ ⚠️ Disclosure & Disclaimer – Please Read Carefully This post is created purely for educational and informational purposes and does not constitute investment advice or a buy/sell recommendation. I am not a SEBI-registered investment adviser. All observations are based on technical studies and publicly available information. Trading and investing involve risk; please manage position size and stop-loss discipline as per your risk profile. Always consult a SEBI-registered financial advisor before making trading decisions. ________________________________________ Position Status: No active position in (TORNTPHARM) at the time of analysis. Data Source: TradingView & NSE India 💬 Found this useful? 🔼 Boost this post if you value clean, structured analysis. 💭 Drop your views — can Torrent Pharma sustain this breakout above ₹3,835? 🔁 Share this with traders who track institutional breakouts. 👉 Follow for more price-action based institutional setups. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊 ________________________________________
NSE:TORNTPHARMLong
by simpletradewithpatience
UNOMINDA - Institutional Breakout After Price Compression________________________________________ 💹 UNO Minda Ltd (NSE: UNOMINDA) Sector: Auto Components | CMP: ₹1,319.30 | View: Institutional Breakout After Price Compression ________________________________________ 📊 Price Action: UNO Minda has delivered a strong breakout candle after a prolonged phase of price compression within a rising channel, confirming a shift from consolidation to directional momentum. The stock rebounded sharply from the ₹1,190 zone and pierced through the upper trendline with an exceptionally high volume spike, signaling renewed institutional interest. This breakout structure now positions the stock for a potential continuation move as long as price sustains above the ₹1,255–₹1,270 support base. ________________________________________ 💼 HNI Trade Levels (STWP Setup): Aggressive Entry: ₹1,319–₹1,327 | Stop Loss: ₹1,238.57 Low-Risk Entry: ₹1,297 | Stop Loss: ₹1,210.74 The breakout candle recorded volume of 2.9M vs 0.95M average, confirming heavy accumulation and strong HNI participation. The near-term momentum bias remains bullish, supported by both volume expansion and favorable price structure. ________________________________________ 📉 Chart Pattern Analysis – Compression Breakout (Bullish Structure): Over the past few weeks, UNO Minda formed a rising channel pattern characterized by narrowing ranges and lower volatility — a classic price compression structure. This phase often precedes large directional moves, and the breakout above ₹1,310 confirms the volatility expansion phase. Such structures typically indicate early-stage accumulation by institutional hands before momentum expansion begins. The confirmation of breakout with both volume and candle strength reflects clear smart money participation. ________________________________________ 📈 STWP Trading Analysis: Bullish Breakout: ₹1,319–₹1,327 | Stop Loss: ₹1,195.20 The breakout candle displayed strong momentum and 3x volume expansion, validating aggressive buying from higher timeframes. Price action has now closed firmly above short- and mid-term EMAs, aligning all major timeframes — Daily, Weekly, and Monthly — in a unified uptrend. Holding above ₹1,255–₹1,270 will maintain the bullish bias, keeping the setup active toward ₹1,379–₹1,420 in the near term. A decisive close above ₹1,355 could further accelerate the next leg of the uptrend, extending the move toward ₹1,455. ________________________________________ 📈 Candlestick Structure – Bullish Engulfing Confirmation: The current breakout candle is a strong bullish engulfing formed after a brief sideways phase — signaling renewed dominance of buyers. Such candles, especially when paired with volume spikes and EMA crossovers, mark the beginning of institutional-led expansion legs. The price-volume confluence validates that the short-term correction phase has likely ended, and the stock is transitioning into an active swing momentum phase. ________________________________________ 📏 Fibonacci Analysis: From swing low ₹1,114 to swing high ₹1,327.8: 61.8% retracement @ ₹1,190 → Strong support zone defended. 78.6% retracement @ ₹1,255 → Current breakout retest area. 100% extension @ ₹1,327 → Confirmed expansion level. Sustaining above ₹1,255 keeps the structure intact and supports continuation toward the ₹1,379–₹1,420 target band. ________________________________________ 🧭 STWP Support & Resistance: Resistances: ₹1,355 | ₹1,391 | ₹1,456 Supports: ₹1,255 | ₹1,191 | ₹1,155 The ₹1,255–₹1,270 zone remains a high-probability demand pocket, supported by both Fibonacci confluence and recent volume base formation. The ₹1,355–₹1,390 zone acts as a minor resistance band, where partial booking or temporary supply may appear before momentum resumes. ________________________________________ 📊 STWP Volume & Technical Setup: Today’s breakout session recorded 2.92M shares vs 0.95M average, confirming exceptional institutional participation. Indicators such as RSI (68.7) and MACD bullish crossover reinforce the continuation potential. Stochastic and CCI both remain in strong zones, consistent with trend alignment across timeframes. Trend Direction: UPTREND | Volume Confirmation: Strong Institutional Activity ________________________________________ 🧩 STWP Summary View: Final Outlook: Momentum: Strong | Trend: Bullish | Risk: Moderate | Volume: High UNO Minda has transitioned from a consolidation phase into a clean institutional breakout setup. The combination of price compression, breakout volume, and bullish engulfing confirmation signals a fresh impulse wave beginning within the existing uptrend. Holding above ₹1,255–₹1,270 will sustain the bullish structure, with potential upside toward ₹1,420–₹1,455 zones in the coming sessions. ________________________________________ ⚠️ Disclosure & Disclaimer – Please Read Carefully This analysis is intended solely for educational and informational purposes and does not constitute investment advice or a buy/sell recommendation. I am not a SEBI-registered investment adviser. All observations are based on chart study, technical structure, and publicly available data. Trading involves risk; please manage position size, stop-loss levels, and discipline as per your risk appetite. Consult a SEBI-registered financial advisor before acting on any trade setup. ________________________________________ Position Status: No active position in (UNOMINDA) at the time of analysis. Data Source: TradingView & NSE India 💬 Found this useful? 🔼 Boost this post to help more traders learn from structured setups. 💭 Drop your insights — how do you view this breakout’s sustainability? 🔁 Share with traders who value clean, volume-backed analysis. 👉 Follow for more price structure + institutional logic breakdowns. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊 ________________________________________
NSE:UNOMINDALong
by simpletradewithpatience
Nykaa - Strong Growth Cup & Handle with Detailed fundamentalsFSN E-Commerce Ventures Limited (Nykaa) – Technical & Fundamental Analysis Company Overview: FSN E-Commerce Ventures Limited (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience. Since its incorporation in 2012, the company has focused on designing a differentiated brand discovery journey for its consumers. It offers a diverse portfolio of beauty, personal care, and fashion products, including owned-brand products manufactured in-house. Nykaa provides an omnichannel experience to cater to consumer preferences and convenience. Technical Analysis Chart Patterns: Cup and handle breakout; Today 1-hour parallel channel breakout Current Market Price (CMP): ₹260 Targets: ₹301, ₹350 Support Levels: ₹230, ₹195 Recent News & Highlights ✅Q1 FY26 Results: Consolidated net profit surged 142% YoY to ₹23.30 Cr; revenue up 23.4% to ₹2,155 Cr ✅Arbitration Win: Nykaa Fashion received ₹10 Cr compensation from arbitration award Q1 FY26 Guidance: Management anticipates consolidated net revenue growth at lower end of mid-twenties range YoY ✅Fashion Segment Target: Company expects EBITDA breakeven in fashion by FY26 ✅Organic Portfolio Expansion: Aims to increase organic portfolio by 30% annually to reach ₹6,000 Cr GMV ✅Q4 FY25 Performance: EBITDA ₹133 Cr vs ₹93.28 Cr YoY; EBITDA margin improved to 6.47% from 5.59% ✅Corporate Action: NCLT approved merger of Iluminar Media (LBB) into Nykaa Fashion Analytical Summary Operational Excellence: Revenue growth of 24.5% YoY with net profit doubling to ₹66.08 Cr demonstrates strong execution and operating leverage. The company is scaling both beauty and fashion verticals while expanding margins. Capital Structure: Debt increased 41% to ₹961 Cr, but debt-to-equity remains negligible at 0.04, showing conservative leverage. ROE at 5.9% suggests room for improvement in capital efficiency. Valuation Risk: PE of 675.77 and PB of 40.5 reflect aggressive growth expectations. EV/EBITDA of 117.5 leaves minimal margin of safety, requiring caution for long-term investors. SWOT Analysis Strengths (16 Factors): Rising net and operating cash flows for 2 consecutive years Strong EPS growth; quarterly profit margins expanding Improving RoCE, ROE, and ROA Consistent revenue growth for past 2 quarters Clean governance; zero promoter pledge Weaknesses (3 Factors): Promoter shareholding dilution Expensive valuation (PE > 40) limits margin of safety Opportunities (1 Factor): Increasing FII/FPI shareholding validates institutional interest Disclaimer This analysis is for educational and informational purposes only. It does not constitute investment advice. Trading and investing in stocks involve risks, and individuals should conduct their own due diligence or consult with a qualified financial advisor before making any investment decisions. The author is not responsible for any gains or losses arising from the use of this analysis.
NSE:NYKAALong
by Madhumitha_Prabhu
#NIFTY Intraday Support and Resistance Levels - 10/11/2025Nifty is expected to open flat to slightly gap up near the 25,500–25,550 zone, showing early signs of stability after the recent correction. The index is currently trading within a consolidation range, where both buyers and sellers are actively defending key levels. If Nifty sustains above 25,550–25,600, it may trigger a short-covering rally toward 25,650, 25,700, and 25,750+. A breakout above 25,750 could further strengthen the momentum and shift sentiment toward the bullish side. On the downside, immediate support lies near 25,450, and a breakdown below this level may lead to a retest of 25,350, 25,300, and 25,250 zones. Sustained weakness below 25,250 would open the door for deeper corrections. Overall, with a flat to slightly gap up opening, Nifty may witness a range-bound to mildly positive session in the first half. Traders should watch for a breakout above 25,600 for long opportunities or a breakdown below 25,450 for short setups, while maintaining tight stop losses in this consolidation phase.
NSE:NIFTY
by TradZoo
1
[INTRADAY] #BANKNIFTY PE & CE Levels(10/11/2025)Bank Nifty is expected to open flat near the 57,900 zone, signaling a balanced sentiment between bulls and bears after last week’s mixed movement. The index is currently trading within a broad consolidation range where both upside and downside breakouts can offer directional moves. If Bank Nifty sustains above 58,050, it may trigger fresh buying momentum toward 58,250, 58,350, and 58,450+, indicating continuation of the recovery trend. A decisive close above 58,450 could further strengthen bullish momentum. On the other hand, if the index slips below 57,900, pressure could increase toward 57,750, 57,650, and 57,550. A break below 57,450 may invite stronger selling pressure with potential downside targets at 57,250 and 57,050. Overall, with a flat opening, Bank Nifty is likely to remain in a sideways consolidation phase during the initial hours. Traders should focus on breakout above 58,050 for a bullish move or breakdown below 57,450 for bearish continuation, maintaining a strict stop loss due to potential intraday volatility.
NSE:BANKNIFTY
by TradZoo
Rising Wedge Formation | Bullish Engulfing💹 BSE Ltd (NSE: BSE) Sector: Financial Services | CMP: ₹2,678.30 | View: Rising Wedge + Bullish Exhaustion Setup 📊 Price Action: BSE Ltd witnessed a powerful uptrend from ₹2,020 to ₹2,718, supported by heavy institutional participation and strong price momentum. The stock recently posted a 20-day volume breakout, followed by a bullish engulfing candle, signaling strong buying strength at lower levels. However, post this rally, the price structure has developed into a Rising Wedge pattern, indicating momentum exhaustion and potential short-term consolidation. The recent rejection near ₹3,030 swing high suggests supply pressure building at upper resistance zones, aligning with the wedge’s narrowing structure. 💼 HNI Trade Levels (STWP Setup): Aggressive Entry: ₹2,678–₹2,718 | Stop Loss: ₹2,425 Low-Risk Entry: ₹2,595 | Stop Loss: ₹2,415 The near-term trend remains upward but stretched. HNI and swing traders should monitor the ₹2,595–₹2,650 zone closely — this area represents both the 61.8% Fibonacci retracement and the wedge support base. Sustaining above it will keep the setup active; a breakdown below ₹2,595 could shift the structure into a corrective phase. 📉 Chart Pattern Analysis – Rising Wedge (Bearish Reversal Bias): The current structure represents a Rising Wedge formation, identified by two upward-sloping, converging trendlines. This pattern often develops after strong rallies, marking the final leg of an existing uptrend before a corrective phase begins. In BSE’s case, the wedge indicates that buying momentum is weakening as the range tightens, while volumes remain high — a sign of profit booking within strength. The confirmation trigger for reversal would be a breakdown below ₹2,595. Until then, the structure remains short-term bullish but with an elevated risk of pullback. A breakdown could potentially extend retracement toward ₹2,525–₹2,450. 📈 STWP Trading Analysis: Entry: ₹2,678–₹2,718 | Stop Loss: ₹2,425.50 The breakout candle displayed exceptional strength with a 20.3M volume surge against a 5.65M average, confirming institutional footprints and momentum expansion. The price is currently sustaining above its short- and mid-term EMAs, with trend alignment visible across the daily and weekly timeframes. Holding above ₹2,644–₹2,595 (critical Fibonacci and structural zone) will maintain the bullish bias, keeping the setup active toward ₹2,783–₹2,888 in the near term. A sustained close above ₹2,888 could further extend the move toward ₹3,030, whereas a breakdown below ₹2,595 may trigger pattern invalidation and shift bias toward ₹2,525–₹2,450 support zones. 📈 Candlestick Pattern – Bullish Engulfing at Apex: A Bullish Engulfing Candle formed on 4 Nov 2025, initiating the final upward leg from ₹2,443 to ₹2,718. While it reflected strong buying enthusiasm, the placement of this candle near the apex of the wedge signals possible buyer exhaustion. Such engulfing candles late in a trend often act as final thrust candles, marking distribution zones rather than breakout initiation. This makes it essential for traders to track whether follow-up candles sustain strength or fade under resistance. 📏 Fibonacci Analysis: From swing low ₹2,021.50 to swing high ₹3,030.0: 61.8% retracement @ ₹2,644 → Key structural support. 50% retracement @ ₹2,525 → Ideal pullback level. 38.2% retracement @ ₹2,406 → Deeper retracement aligned with wedge base. The stock currently trades near the 61.8% golden zone, making ₹2,595–₹2,644 a crucial area for short-term trend control. A close below this range may invite a deeper retracement, while sustained strength above ₹2,678 could revive momentum toward ₹2,888–₹3,030. 🧭 STWP Support & Resistance: Resistances: ₹2,783 | ₹2,888 | ₹3,059 Supports: ₹2,595 | ₹2,525 | ₹2,406 The ₹2,980–₹3,020 range acts as a weak resistance zone, where mild profit booking or supply pressure may emerge if momentum continues upward. On the downside, the ₹2,020–₹2,070 belt continues to serve as a strong structural support zone, backed by historical accumulation and institutional demand footprints. 📊 STWP Volume & Technical Setup: Today’s volume stood at 20.3M shares vs 5.65M average, signaling heavy institutional activity and potential position rotation post-breakout. RSI remains elevated near 69, while Stochastic (90) suggests short-term overbought conditions — hinting at a likely consolidation phase ahead. MACD continues to stay in the bullish zone but shows flattening momentum, consistent with the wedge’s tightening structure. Trend Direction: UPTREND (Weakening) | Volume Confirmation: High with Distribution Bias 🧩 STWP Summary View: Final Outlook: Momentum: Strong | Trend: Bullish | Risk: High | Volume: High BSE Ltd remains structurally bullish but technically stretched after a steep rally and volume breakout. The Rising Wedge formation, combined with the Bullish Engulfing near the top, reflects a maturing uptrend with signs of short-term exhaustion. Holding above ₹2,595 keeps the pattern valid, but traders should remain cautious of volatility and potential profit booking as the structure nears completion. ⚠️ Disclosure & Disclaimer – Please Read Carefully This post is created solely for educational and informational purposes and should not be interpreted as investment advice or a buy/sell recommendation. I am not a SEBI-registered investment adviser. All views are based on technical analysis and publicly available market data. Trading involves significant risk. Always apply risk management, follow position sizing discipline, and consult a SEBI-registered financial advisor before acting on any trade. Position Status: No active position in (BSE) at the time of this analysis. Data Source: TradingView & NSE India 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover structured, professional analysis. 💭 Drop your insights — will BSE’s wedge resolve in continuation or correction? 🔁 Share this with your trading circle to promote disciplined chart-based analysis. 👉 Follow for more institutional-style breakdowns blending price action, structure, and volume logic. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:BSELong
by simpletradewithpatience
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
Tatva Chintan #Screener — Trend Reversal Before The CrowdTatva Chintan – Major Trendline #Breakout After Long Downtrend 📈🔥 Tatva Chintan Pharma has broken a multi-year falling trendline, ending a prolonged downtrend phase since 2021. This breakout is backed by strong price momentum + volume expansion, indicating accumulation and potential reversal into a long-term uptrend. 📌 Breakout Zone: ~₹1350 – ₹1400 📌 Current Price: ~₹1467 📌 Structure: Breakout + retest + continuation 📌 Momentum: Trading above 50 & 200 EMA on weekly 👌 Key Levels Immediate Resistance: ₹1468 (current zone) ₹1594 Support Zones ₹1395 ₹1343 ₹1311 (major retest zone) As long as price sustains above ₹1310-1340 range, bullish structure remains intact ✅ Why This Breakout Matters ✅ Multi-year trendline breach ✅ Higher-lows forming since 2024 bottom ✅ Strong accumulation volume ✅ Pharma sector strength visible ✅ Potential trend reversal from long accumulation base This kind of pattern often leads to multi-month swing opportunities if trend sustains. View Bias remains bullish until structure breaks. Watching for follow-through above ₹1500 zone for extended upside. 📒 Educational chart analysis — not investment advice.
NSE:TATVALong
by ankush1703
1
#NIFTY Intraday Support and Resistance Levels - 07/11/2025Nifty is likely to open with a gap down near the 25,450 zone, reflecting continued weakness and bearish sentiment in the market. The index remains under selling pressure, trading below key resistance levels, which suggests that bears are still in control in the short term. If Nifty sustains below 25,450, it may extend the decline toward 25,350, 25,300, and 25,250, where a temporary pullback could occur. A breakdown below 25,250 will further intensify weakness, opening the way for deeper targets around 25,150–25,100. On the upside, immediate resistance lies near 25,550–25,600. A sustained move above this level could trigger a short-covering rally toward 25,650 and 25,750, but the broader trend will remain bearish unless the index reclaims 25,750 decisively. Overall, with a gap down opening near 25,450, the sentiment is expected to remain negative to range-bound. Traders should watch for a break below 25,450 for continuation trades on the downside and consider a reversal only if Nifty manages to hold above 25,550 with strong momentum. Maintaining strict stop losses is advised due to potential volatility in the early session.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(07/11/2025)Bank Nifty is expected to open slightly gap down near the 57,450–57,500 zone, indicating mild bearish sentiment after failing to hold higher levels in the previous session. The index remains under short-term pressure but is approaching an important support area where a reversal attempt could emerge. If Bank Nifty manages to sustain above 57,550–57,600, a short-covering move can lift prices toward 57,750, 57,850, and 57,950+ levels. A breakout above 57,950 will further confirm bullish reversal momentum. However, if the index slips below 57,450, it may trigger fresh weakness toward 57,250, 57,150, and 57,050, where buyers may try to defend the zone again. Overall, with a slightly gap down opening, the market sentiment remains neutral-to-weak, but watch for a potential reversal near the 57,450–57,500 support area. Traders should avoid early trades and wait for directional confirmation above 57,600 or below 57,450 before taking new positions, keeping tight stop losses in this consolidation range.
NSE:BANKNIFTY
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 - 06/11/2025Nifty is expected to open with a gap up near the 25,750 zone, showing early signs of recovery after a recent decline. The opening above the immediate resistance area indicates potential buying interest, but sustained momentum will be key to confirming a reversal. If Nifty holds above 25,750–25,780, it may extend its move toward 25,850, 25,900, and 25,950+. A breakout above 25,950 could trigger further upside toward 26,000–26,050, strengthening the short-term bullish bias. On the downside, initial support lies near 25,700–25,650. A failure to sustain above this zone could lead to renewed selling pressure toward 25,600, 25,550, and 25,500, which remains a crucial support level for the day. Overall, with a gap up opening near 25,750, sentiment is expected to remain mildly positive as long as the index sustains above 25,700. Traders should monitor price action near the 25,900 zone for potential resistance and use a trailing stop loss to protect profits in case of volatility.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(06/11/2025)Bank Nifty is expected to open slightly gap up near the 57,850–57,900 zone, indicating mild positive sentiment after a period of consolidation. The index has been trading in a tight range for the past few sessions, and a decisive breakout is likely to set the next short-term trend. If Bank Nifty sustains above 57,900–58,000, it may attempt a move toward 58,100, 58,250, and 58,350+ levels. A breakout above 58,450 will further strengthen bullish momentum, opening the path toward 58,600–58,750. On the downside, immediate support is placed at 57,750–57,700. A fall below this zone could invite selling pressure, dragging the index toward 57,550, 57,450, and 57,250, while a further decline below 57,050 may extend the weakness. Overall, with a slightly gap up opening, the index is expected to stay range-bound between 57,700–58,200 during the early session. Traders should focus on breakout confirmation above 58,000 or breakdown below 57,700 for clear intraday direction, while maintaining strict stop losses due to potential intraday volatility.
NSE:BANKNIFTY
by TradZoo
Simplex Infrastructures Ltd – Ascending Triangle Formation with Simplex Infrastructures is showing signs of accumulation and trend continuation within an ascending triangle pattern on the daily chart. The stock has been consistently forming higher lows while facing resistance around the ₹330–₹340 zone. A recent volume burst near the support trendline indicates strong buying interest from lower levels — hinting at a potential breakout attempt in the coming sessions. 🎯 Key Levels: CMP: ₹296.65 (+3.20%) Support Trendline: ₹270 – ₹280 Resistance Zone: ₹330 – ₹340 Breakout Target: ₹370 – ₹390 Stop-Loss: ₹270 (on daily close basis) 📊 Technical View: Formation of a higher-low structure within an ascending triangle. Strong volume activity around support confirms accumulation. Short-term EMAs are flattening, awaiting breakout confirmation. A close above ₹340 with volume could trigger the next up leg toward ₹380+. 🧠 View: Simplex Infra is building strength within a bullish ascending triangle pattern. A decisive move above ₹340 may confirm breakout momentum, supported by the recent volume surge, while the rising trendline continues to act as a strong base.
NSE:SIMPLEXINFLong
by yatharthshah23
BRITANNIA - Falling Wedge + Bullish Engulfing Combo💹 Britannia Industries Ltd (NSE: BRITANNIA) Sector: FMCG | CMP: ₹5,892.50 | View: Falling Wedge + Bullish Engulfing Reversal Setup 📊 Price Action: Britannia is currently displaying a strong confluence setup where both a chart pattern and a candlestick pattern align perfectly to signal a potential trend reversal. After weeks of consolidation within a downward-sloping structure, the stock has formed a Falling Wedge pattern — a classic bullish reversal formation. Adding strength to this structure, a Bullish Engulfing Candle on 4 Nov 2025 emerged from the wedge’s lower boundary, confirming buyer dominance and hinting at a near-term trend reversal. 📉 Chart Pattern Analysis – Falling Wedge (Bullish Setup): The Falling Wedge pattern is marked by two converging downward trendlines, each connecting a series of lower highs and lower lows. This structure reflects seller exhaustion and early buying interest. Britannia’s wedge formation is now reaching its apex, where breakout probability is highest. Volume contraction throughout the wedge also supports the notion that supply is drying up, preparing for a breakout above the upper trendline. 📈 Candlestick Pattern – Bullish Engulfing Confirmation: The Bullish Engulfing Candle formed on 4 Nov 2025 precisely at the lower support line of the wedge, validating the pattern with strong timing. It represents a shift in control from sellers to buyers, with the green candle completely engulfing the prior red body. Volume expansion on that session further confirmed active participation by institutions ahead of the upcoming news catalysts. This one-day reversal candle acts as the first technical confirmation, while a breakout above the upper trendline will serve as the structural confirmation for the wedge pattern. 📏 Fibonacci Analysis: From swing low ₹5,298 to swing high ₹5,930: 78.6% retracement @ ₹5,795 → Key reversal level defended. 61.8% retracement @ ₹5,888 → Currently reclaimed zone. 100% extension @ ₹5,930 → Short-term breakout threshold. The Fibonacci structure aligns beautifully with the wedge’s geometry, implying that the reversal zone is complete and buyers are regaining momentum. 🧭 STWP Support & Resistance: Resistances: ₹5,940 | ₹5,987 | ₹6,055 Supports: ₹5,825 | ₹5,775 | ₹5,710 The ₹5,775–₹5,825 range is acting as a high-confidence accumulation base, while ₹6,090–₹6,150 represents the key breakout trigger zone. 📊 STWP Volume & Technical Setup: Volume on 4 Nov surged to 363.4K vs 248.7K average, confirming institutional interest at lower levels. VWAP recovery and improving RSI (47→52+) show that momentum is gradually returning. MACD is approaching a bullish crossover, while Stochastic and CCI have both turned upward — all aligning with a reversal confirmation setup. Trend Direction: UPTREND (Transitioning) | Volume Confirmation: Possible Accumulation in Progress 🧩 STWP Summary View: Final Outlook: Momentum: Strengthening | Pattern: Falling Wedge + Bullish Engulfing | Risk: Moderate | Volume: Increasing Britannia’s technical structure now showcases dual confirmation — a chart pattern (Falling Wedge) supported by a candlestick reversal (Bullish Engulfing). This confluence enhances the reliability of the reversal signal and increases the probability of an upside breakout. As long as the price holds above ₹5,825, the bias remains bullish with potential continuation toward ₹6,150–₹6,250. ⚠️ Disclosure & Disclaimer – Please Read Carefully This analysis is for educational purposes only and should not be treated as financial or investment advice. I am not a SEBI-registered investment adviser. All views are based on technical observations and publicly available information. Trading involves risk; please assess your financial suitability, position size, and stop-loss levels before entering any trade. Always consult a SEBI-registered financial adviser for personalized guidance. Position Status: No active position in (BRITANNIA) at the time of this analysis. Data Source: TradingView & NSE India 💬 Found this useful? 🔼 Give this post a Boost if you value clean technical confluence studies. 💭 Comment your thoughts — does this wedge-breakout setup look convincing to you? 🔁 Share this post to help others understand pattern + candlestick synergy. 👉 Follow for more institutional-style technical breakdowns built on clarity and patience. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:BRITANNIALong
by simpletradewithpatience
5
Protean eGov Technologies Ltd – Gap Fill Setup (Daily Chart)Protean eGov Technologies is showing early signs of base formation after a prolonged downtrend. The price is currently consolidating near the ₹850–₹880 zone, forming a potential accumulation structure that could lead to a gap-fill rally in the short to medium term. The chart highlights two major unfilled gaps — a midway gap and a main gap — both acting as key upside targets once the current range breakout confirms. 🎯 Key Levels: CMP: ₹866.80 (+2.25%) Entry Zone: ₹850 – ₹880 Midway Gap Target: ₹1,100 – ₹1,150 Main Gap Target: ₹1,280 – ₹1,350 Stop-Loss: ₹820 (on daily close basis) 📊 Technical View: Price consolidating after a steep decline — forming a base near support zone. Volume spikes during accumulation suggest smart buying interest. Breakout above ₹880–₹900 could trigger a gap-fill move toward ₹1,100+. Short-term EMAs are flattening, indicating the downtrend might be losing momentum. 🧠 View: Sustaining above ₹880 could confirm the beginning of a recovery phase. Watch for a breakout with volume to target ₹1,100 first (midway gap), followed by ₹1,300+ (main gap fill).
NSE:PROTEANLong
by yatharthshah23
EUR/JPY Sell Momentum BuildsEUR/JPY has officially transitioned into a sell-side trend following clear exhaustion of its previous bullish cycle. The market structure shows consecutive lower highs and strong downside displacement, confirming that sellers are now in control of short-term momentum. Recent liquidity sweeps above prior highs were quickly rejected, signaling institutional distribution and profit-taking. Order flow dynamics continue to favor the downside, with bearish impulses showing higher efficiency than any corrective rebounds. Momentum and sentiment both align with sustained selling pressure. The pair is operating within a redistribution phase, and the market tone remains defensive as participants seek lower value zones. Overall outlook: Bearish bias remains dominant. The market is expected to extend lower while maintaining controlled volatility until meaningful demand re-enters the market.
Short
by XAU_EMPIRE
Mamata Machinery Ltd – Support Reversal & Retest Zone (75-min)Mamata Machinery is showing early signs of reversal from a strong support zone around ₹425–₹430. After forming a double-bottom-like structure, the stock has bounced sharply with rising volumes, indicating a possible short-term trend reversal. Currently, price action is approaching a retest zone (Target-1) near ₹465–₹470. Sustaining above this level can open the path toward the next resistance cluster (Target-2) near ₹505–₹515. 🎯 Key Levels: CMP: ₹452.30 (+3.81%) Support Zone: ₹425 – ₹430 Target-1 (Retest Zone): ₹465 – ₹470 Target-2: ₹505 – ₹515 Stop-Loss: ₹425 (on 75-min close basis) 📊 Technical View: Price rebounded from major support with visible volume spike. Structure forming higher lows — early indication of momentum shift. Short-term EMAs turning upward; potential crossover likely soon. Sustained move above ₹470 can confirm breakout continuation toward ₹510+. 🧠 View: Mamata Machinery has reversed from key support and is testing its retest zone. A breakout above ₹470 could trigger a short-term rally toward ₹510, while maintaining a stop-loss below ₹425.
NSE:MAMATALong
by yatharthshah23
2
Breakaway Gap Up Breakout — A Powerful StudyThis post analyzes breakaway gap up breakouts with multiple chart examples, illustrating how price leaps above well-tested trendline resistance without a retest, triggering strong upward momentum. Main Report What is a Breakaway Gap Up Breakout? A breakaway gap up breakout occurs when the price gaps above a resistance trendline that has been tested multiple times, but instead of interacting with the resistance, the price opens substantially higher, leaving a noticeable gap. This phenomenon signals strong demand and often marks the beginning of a sustained price rally Chart Observations - Left-side examples (Godfrey Phillips & JK Lakshmi Cement): Both charts show prices repeatedly hitting a descending trendline resistance. Unlike typical breakouts, the price did not touch or retest the resistance before breaking out; instead, it jumped above with a clear gap up. This is the classic signature of a breakaway gap. Following the breakout, continuation moves are observed, confirming the bullish momentum. - Right-side example (Power Grid Corp): Here, the price similarly clears a major resistance following several rejection points. The breakout is accompanied by a gap and swift follow-up buying, exemplifying the reliability of the breakaway gap pattern Key Traits of Breakaway Gap Ups -Occur after prolonged resistance tests. -Price gaps above resistance without retesting or shadowing. -Often lead to strong follow-through and trend continuation. -Frequently signal institutional participation or a major sentiment shift.
NSE:GODFRYPHLPLong
by Averoy_Apoorv_Analysis
1
Gold Pauses Below $4,000 as Markets Digest Hawkish Fed Tone🔍 Market Context Gold struggles to find direction in early Asia, hovering just below the $4,000 psychological level after the Fed’s hawkish remarks dampened bullish momentum. Chair Jerome Powell reaffirmed that another rate cut this year is “not a given”, keeping yields supported and safe-haven demand balanced. Meanwhile, ISM Manufacturing PMI fell to 48.7, signalling cooling momentum but not enough to alter the Fed’s cautious stance. With odds of a December rate cut near 70%, gold remains trapped between policy uncertainty and soft macro sentiment. 📊 Technical Outlook (H1–H4) Price is consolidating within a tight structure between 3,963$ and 4,024$, showing compression before a potential expansion move. The 3,984$–3,963$ zone acts as short-term liquidity support, aligning with the rising intraday trendline. Key Levels • 💎 Liquidity Support: 3,963$ – 3,984$ • 🎯 Immediate Resistance: 4,024$ • ⚙️ Bullish Target: 4,046$ (liquidity sweep + expansion zone) • ⚠️ Invalidation: Below 3,923$, bias shifts to neutral A clean breakout above 4,024$ could trigger a move toward 4,046$, while failure to hold above 3,963$ may invite another liquidity grab before buyers re-enter. 🎯 MMFLOW View Smart money remains patient. As long as 3,963$ holds, dips are seen as accumulation rather than weakness. But conviction only returns when liquidity confirms above 4,024$ — that’s where momentum aligns with intent. ⚜️ MMFLOW Insight: “Liquidity doesn’t chase price — it creates the path for it.”
OANDA:XAUUSDLong
by MMFlowTrading
#NIFTY Intraday Support and Resistance Levels - 04/11/2025Nifty is expected to open flat near the 25,750–25,780 zone, indicating a neutral start as the market looks for fresh cues after a consolidation phase. The index is currently holding near key support, suggesting that both buyers and sellers are waiting for a breakout from this range to take control. If Nifty sustains above 25,800, it may trigger a short-covering rally toward 25,850, 25,900, and 25,950+ levels. A move beyond 25,950 could further strengthen momentum toward 26,000–26,050. On the downside, immediate support lies near 25,700–25,650. A breakdown below 25,700 could lead to weakness toward 25,600, 25,550, and 25,500, where the next major support zone lies. Overall, with a flat opening, Nifty is likely to remain range-bound between 25,700–25,900 in the early session. Traders should wait for a clear breakout or breakdown before initiating fresh positions and use strict stop losses in this narrow consolidation phase.
NSE:NIFTY
by TradZoo