XAUUSD – TUESDAY BREAKOUT BUY SETUP, WATCH REACTIONS AT FIBO...💛 XAUUSD – TUESDAY BREAKOUT BUY SETUP, WATCH REACTIONS AT FIBO 1.618–2.618 🎯
🌤 Overview
Hello everyone, Lana here 💬
After spending several days compressed inside a triangle pattern, Gold has finally broken the descending trendline on H1, absorbed liquidity around the FVG zone, and continued to hold above the breakout area.
This shows that short-term bullish momentum is currently favored, with price targeting the higher Fibonacci extensions.
Today the market is waiting for major data releases: CPI, PPI, retail sales… These numbers can create strong volatility, especially when gold is in an “overcrowded trade” condition.
If US consumer data comes in strong, a deeper pullback may appear after a liquidity sweep.
💹 Technical Analysis (ICT Perspective)
On H1, price has:
Broken the descending trendline of the accumulation triangle.
Retested the FVG + liquidity repurchase zone around 4.101–4.105 and bounced back upward.
The 4.133–4.135 area, previously resistance, has now turned into support — a suitable zone for a buy-on-dip strategy.
Technical Targets:
Fibonacci Extension 1.618 of the current bullish leg is around 4.16xx.
Fibonacci Extension 2.618 + major liquidity pool sits around 4.23xx–4.24xx, aligning with previous highs — a zone where sellers may show strong reaction.
Overall, as long as price stays above 4.10–4.11, the short-term bullish structure remains valid.
🎯 Reference Trading Plan
💖 BUY Scenario – Priority with Trend
Buy on breakout – current price zone
Entry: 4.130–4.133
SL: 4.125
TP: 4.150 → 4.175 → 4.198 → 4.230
Buy on deeper retest
Entry: 4.100–4.103
SL: 4.095 (you may choose a tighter SL instead of 3.995 for better R:R)
TP: 4.125 → 4.150 → 4.175 → 4.198
💢 SELL Scenario – Only Short-Term Reaction at Resistance
Sell: 4.167–4.169
SL: 4.175
TP: 4.150 → 4.133 → 4.110 → 3.990
This Sell setup is only for short-term scalping against the trend — priority is to close quickly at nearby TP levels.
⚠️ Important Notes
Today includes CPI, PPI, retail sales and other US data — spreads may widen and price can spike both ways.
Gold is currently a crowded trade, so after strong rallies, deeper washout moves can occur to shake out weak positions.
Best strategy:
Prioritize Buy setups at confirmed support zones.
Reduce position size before major news; avoid holding heavy trades through data releases.
Treat Sell setups only as fast in–fast out scalps.
🌷 5. Conclusion & Interaction – With LanaM2
In summary, the breakout from the H1 triangle supports the scenario of Gold continuing upwards toward the Fibo 1.618–2.618 extension levels, as long as price stays above 4.10–4.11 💛
Today, focus on finding clean Buy entries instead of chasing price, and be cautious during CPI & PPI releases.
If you found this useful, please 💛 Like – 💬 Comment – 🔔 Follow LanaM2 to get daily Gold insights on TradingView ✨
Trend Analysis
TCS – Supply Zone + Channel Resistance | Short Idea (4H)Price has reached a major supply zone aligned with the upper channel resistance, creating a high-probability rejection zone.
The confluence of:
Horizontal resistance
Supply zone
Rising channel top
makes this area a strong rejection point.
🔵 Reason for Short Setup
Price is reacting at a previous rejection zone
Clear bearish wick activity near resistance
Channel structure shows exhaustion at the top
Risk:Reward remains favorable
🎯 Trade Plan
Entry: Around current rejection zone
Stop-Loss: Above supply zone + channel breakout
Target 1: Mid-channel
Target 2: Lower channel support
🔍 Market Structure
4H trend is still forming higher lows, but momentum weakens at resistance
If price closes above the blue zone, setup becomes invalid
Watching for confirmation candle (bearish engulfing / rejection wick)
⚠️ Invalidation
A strong 4H close above the blue resistance breaks the idea.
💬 Note
This is a pure price-action confluence setup. Will update once price reaches mid-channel target or shows breakdown signals.
Fabtech 1 Day Time Frame 🔍 Technical Context
Moving averages (20-day, 50-day) are showing price above them, which suggests bullish bias.
Oscillators: RSI ~ 59-60 meaning moderate strength.
A recent source says the daily summary is “Neutral” on investing.com, indicating caution.
1-day pivot levels (classic) from Investing.com:
Pivot ~ ₹ 237.73
Resistance R1 ~ ₹ 240.46, R2 ~ ₹ 244.72, R3 ~ ₹ 247.45
Support S1 ~ ₹ 233.47, S2 ~ ₹ 230.74, S3 ~ ₹ 226.48
📊 Key Levels to Watch Today
Support Zone: ~ ₹ 233-235
If the stock approaches or dips into this area, watch for whether it holds or breaks.
Immediate Pivot / Mid-range: ~ ₹ 237-238
The pivot (~₹237.73) is a critical inflection point. A clear move above might bias upside; a break below may shift focus downward.
Resistance Zone: ~ ₹ 240-245
Upper resistance around ~₹240.46 to ~₹244.72. If momentum picks up and this zone is breached, next upside target ~₹247.45.
Lower Breakdown Level: ~ ₹ 230-227
If support in the ~233-235 zone fails, look toward ~₹230.74 and then ~₹226.48 as next real support.
ETH/USD – Trendline Breakout Attempt from Higher-Timeframe DemanETH/USD is reacting strongly from a major 4H demand zone after an extended downtrend. Price has tapped into a high-volume area between $2,760–$2,800, showing the first signs of bullish strength with a clean internal structure shift.
📌 Setup Overview
Price respected a long-term descending trendline, but buyers stepped in strongly at the higher-timeframe demand zone.
A short-term structure break (BOS) suggests a potential reversal beginning to form.
Market is now retesting the broken structure + mini demand zone, where buyers are likely to defend.
🎯 Trade Plan
Entry: After the retest confirmation of the minor demand zone.
Stop-loss: Below the demand area to protect against liquidity sweeps.
Target: The next major supply zone around $3,600, aligning with the larger structure and trendline interaction.
📈 Bias
Bullish short-term — expecting continuation to the upside if price holds above the retest zone.
Structure suggests a potential mid-term trend reversal if buyers maintain control.
❌ Invalidation
Idea becomes invalid if price closes below the demand zone and breaks structure to the downside.
Gold H1 – Will Economic Slowdown Trigger a Liquidity Sweep?🟡 XAUUSD – Intraday Smart Money Plan | by Ryan_TitanTrader (24/11)
📈 Market Context
Gold continues to move inside a tight compression range while markets react to new economic concerns raised by U.S. analysts.
According to today’s report, economists are increasingly worried about an unusual slowdown pattern in consumer behavior — spending remains high, but confidence and savings are weakening.
This mixed macro picture creates uncertainty:
🔹 Key takeaways from today’s news:
• U.S. consumers are still spending but confidence is deteriorating, a red flag for future growth.
• Economists warn this divergence could lead to slower economic momentum over the next quarters.
• Weakening sentiment → higher recession fears → typically supportive for gold after liquidity sweeps.
• However, short-term volatility remains high as markets reassess the sustainability of U.S. demand.
With uncertainty rising, institutions are likely engineering both-side liquidity grabs before committing to a directional move.
Gold is currently rotating between 4015–4100, respecting a clean SMC range structure.
🔎 Technical Analysis (1H / SMC Structure)
• Market Structure
Price is forming a descending compression pattern with repeated CHoCH signals, indicating engineered liquidity on both sides.
• Premium Sell Zone (1H Supply)
4100 – 4102
→ Overhead resting buy-side liquidity
→ Aligns with unmitigated internal supply + trendline liquidity
• Discount Buy Zone (1H Demand)
4015 – 4013
→ Inside the prior sweep zone
→ Confluence with ascending structure + BOS origin
• Liquidity Map
• Buy-side liquidity: above 4102 – 4110
• Sell-side liquidity: below 4013 – 4008
A sweep of either pocket is likely before real displacement.
🔴 Sell Setup (Premium Reaction Zone)
Entry: 4100 – 4102
Stop-Loss: 4110
Take-Profit Targets:
→ 4065 (imbalance fill)
→ 4040 (range midpoint)
→ 4018–4015 (discount retest)
📌 Execution Rule: Wait for liquidity sweep into the zone + bearish CHoCH on M5–M15.
🟢 Buy Setup (Discount Reaction Zone)
Entry: 4015 – 4013
Stop-Loss: 4008
Take-Profit Targets:
→ 4055 (short-term reaction)
→ 4080 (premium edge)
→ 4100 (sweep target)
📌 Valid only if price takes sell-side liquidity first and shows bullish displacement from discount.
⚠️ Risk Management Notes
• Market may react unpredictably to weakening U.S. consumer sentiment — reduce risk during spikes.
• Avoid trading inside the 4040–4070 chop zone unless a clean break or CHoCH forms.
• Treat both setups as liquidity–based plays, not trend continuation trades.
• Expect engineered manipulation during Asian session before London expansion.
📝 Summary
Gold remains trapped in a controlled SMC range as economic signals turn mixed.
With economists raising concerns about consumer–confidence divergence, gold may experience pre-breakout liquidity sweeps today.
Key Zones:
🔴 Sell Zone: 4100–4102
🟢 Buy Zone: 4015–4013
Expect the classic SMC sequence:
Accumulation → Sweep → Displacement → Retest → Target.
📍 Follow @Ryan_TitanTrader for more Smart Money updates.
XAU/USD: Gold Uptrend - Buy at 4,090 & 4,044 USD📊 Market Structure
Gold is maintaining an upward structure after creating a series of bullish BoS from the Demand zone. Currently, the price is technically pulling back to discount zones, where the BUY side has more advantages.
Above, the 4,206 USD zone is confirmed as OB Bearish , acting as strong resistance and a potential reversal point for the SELL side.
Below, the discount zones including Fibo–Buy 4,090 and OB Bullish 4,044–4,047 USD are reasonable places to wait for BUY to continue following the main trend.
💎 Key Technical Zones
• Fibo–Buy Zone: 4,085 – 4,095 → priority BUY zone
• FVG Reaction Zone: around 4,095 – 4,105 → signal present → BUY immediately
• OB Bullish: 4,044 – 4,047 → deep, safe BUY zone
• OB Bearish: 4,206 → strong SELL zone
• Partial resistance for SELL scalp: 4,169 – 4,186 – 4,206 – 4,237
🎯 Trading Plan – BUY (Main Priority)
1️⃣ Main BUY – Fibo–Buy 4,090
• Entry: 4,085 – 4,095
• SL: below 4,060
• TP1: 4,169
• TP2: 4,186
• TP3: 4,206 / 4,237
→ This is the most beautiful discount zone according to structure + fibo + trendline.
2️⃣ BUY on Reaction – FVG
If the price only touches FVG 4,095–4,105 and then shows a strong rejection candle:
• BUY immediately when there is a signal
• Target remains: 4,169 → 4,186 → 4,206 → 4,237
3️⃣ Defensive BUY – OB Bullish 4,044
• Entry: 4,044 – 4,047
• SL: 4,020
• TP1: 4,095
• TP2: 4,169
• TP3: 4,206
→ This is the “last bottom” zone before the uptrend is threatened.
🎯 Trading Plan – SELL SCALP (Not the Main Trend)
Zones where SELL can react when a reversal candle appears:
• 4,169 USD
• 4,186 USD
• 4,206 USD (OB Bearish)
• 4,237 USD (Supply)
Entry SELL: when there is a clear rejection (H1 long wick / engulfing)
SL: above the zone 10–15 USD
TP: back to 4,186 → 4,169 → 4,128
→ These are counter-trend scalp orders, only for flexible traders.
🧠 Vincent’s View
The main trend is still up, adjustments down to FVG – Fibo – OB Bullish are all beautiful BUY opportunities.
The BUY side dominates as long as 4,044 is not broken – SELL is only secondary, BUY remains the main play.
“Buy at discount, sell at reaction — that’s how the market moves.”
⏰ Timeframe: 1H
✍️ Analysis by: Captain Vincent
complex correctionsHAL Technical Analysis (CMP: 4444)
Elliott Wave Analysis: Wave 1 is an impulse wave, consisting of 5 sub-waves. The correction post-wave 1 is a complex pattern, indicating wave 2 is not yet complete.
Wave 2 Breakdown:
- Wave A: Completed
- Wave B: Likely to complete near 5160 (highs of wave 1)
- Wave C: Expected to follow, breaking below 4160
Strategy:
- Book profits around 5160 (wave B target)
- Wait for wave C completion for a potential buy opportunity
Stock in Support Zone ready to breakout: HSCL ?Himadri Speciality Chemical Ltd (HSCL) has been trading in a range for over three months between 440 amd 487.
There has been a marginal decrease in profit in the sept 2025 quarterly results.
The 440 support level was broken yesterdy.
However, the support was regained and gaining strength in terms of volume.
Next Support: 418 levels
Resistance: 454, 473, 487, 527
If the current support of 440 levles is held tightly in the weekly closing we can expect some big move in the upward direction.
NIFTY KEY LEVELS FOR 25.11.2025NIFTY KEY LEVELS FOR 25.11.2025
Timeframe: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
please like and share my idea if you find it helpful
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
USDJPY MULTI TIMEFRAME ANALYSIS Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Elliott Wave Analysis XAUUSD – 25/11/2025
1. Momentum
D1
D1 momentum has entered the overbought zone and is showing early signs of reversal. This indicates the current bullish leg is weakening. Today or tomorrow, if a strong bearish D1 candle appears, it will likely confirm the reversal.
H4
H4 momentum is also in the overbought zone, with the lines sticking tightly together — a typical sign that a reversal could happen at any moment. Once we see a bearish H4 candle close, we can consider the current high as a potential top.
H1
H1 momentum is currently in the oversold zone and preparing to turn upward. This means price may still show one more short-term bullish correction or move sideways before any meaningful decline.
________________________________________
2. Wave Structure
D1
Yesterday’s bullish daily candle did not change the D1 wave count. We are still in the Y wave (purple).
However, one critical point needs attention:
• D1 momentum is already overbought.
• When D1 momentum rolls over, what we want to see is:
o Price failing to break the current X-wave high, and
o A strong, sharp decline to complete wave Y.
If price does not decline sharply as expected, the market may shift into a more complex corrective structure — such as a triangle or a larger WXY formation. I will update the count if that scenario develops.
________________________________________
H4
Yesterday’s bullish move broke above the previous wave (2) high. This invalidates the 5-wave scenario and confirms that the structure is instead forming a 3-wave corrective pattern.
With H4 momentum turning down and D1 momentum already overbought, the current price region is highly likely to be the top of wave 2.
________________________________________
H1
A clear 3-wave ABC corrective pattern has completed.
Wave C (blue) now reaches the target area around 4158, making this a very attractive region to look for Sell entries.
However, keep in mind:
• H1 momentum is in the oversold zone and preparing to turn upward.
• This suggests price may still push slightly higher or move sideways before H1 reaches the overbought zone.
The best Sell timing will be when H1 and H4 momentum align together in overbought zones.
________________________________________
3. Key Liquidity Zones
Two important liquidity areas lie ahead:
• 4143
• 4184
If price holds above 4143, the probability of reaching 4184 increases — especially with H1 momentum turning upward.
Because H1 momentum is about to rise, it is difficult to find a precise Sell entry at 4143–4158–4184 without waiting for a clear price reaction.
The safest approach is to wait for bearish confirmation signals at each zone.
For my personal plan:
• First attempt to catch the top with a small position at 4158.
• Second attempt at 4184 if price extends further.
________________________________________
4. Trade Plan
📌 Sell Zone 1
• 4156 – 4158
• SL: 4168
• TP1: 4123
• TP2: 4081
• TP3: 4020
📌 Sell Zone 2
• 4184 – 4185
• SL: 4205
• TP1: 4123
• TP2: 4081
• TP3: 4020
Nifty Prediction for 25 Nov | FII vs DII Data & Expiry 📊 Key Levels for Tuesday (Snapshot):
🔻 Bearish Crash: Below 25,867 (S1) | Target: 25,774
🚀 Bullish Reversal: Above 26,098 (R1) | Target: 26,236
⚠️ The "Chop Zone": 25,867 - 26,098 (Avoid Trading)
Institutional Data:
FII Net Sell: -₹4,071 Cr
DII Net Buy: +₹4,373 Cr
PCR: 0.65 (Oversold/Bearish)
👇 Join the Debate: FIIs sold ₹4k Cr, DIIs bought ₹4k Cr. Who wins tomorrow? Comment "BEARS" or "BULLS" below!
Nifty Trading Strategy for 25th November 2025📈 NIFTY Trading Plan (15-Minute Strategy)
✅ BUY Setup
Trigger: Go LONG 🟢 above the High of the 15-minute candle
Confirmation: Price must close above 26,024 ⬆️
Entry: Enter only after the candle closes and a new candle begins continuing upward momentum.
Target: 🎯 +50 points from your entry
Stop Loss (recommended): Place SL below the breakout candle low or 20–25 points (whichever is comfortable).
Market Logic:
A close above 26,024 shows bullish strength.
Breakout confirmation reduces false breakout chances.
Good for intraday momentum-based traders.
🔻 SELL Setup
Trigger: Go SHORT 🔴 below the Low of the 15-minute candle
Confirmation: Price must close below 25,864 ⬇️
Entry: Enter after the candle closes and new candle continues downward.
Target: 🎯 +50 points on the downside
Stop Loss (recommended): Place SL above breakout candle high or 20–25 points.
Market Logic:
A close below 25,864 indicates strong selling pressure.
Closing confirmation avoids traps during volatility.
Suitable for intraday traders seeking trend continuation.
📝 Trade Management Tips
🕒 Avoid trading during major news events (RBI, Fed, Budget, election results).
📊 Follow proper risk–reward (minimum 1:1).
⚠️ Do not chase entries; wait for candle close confirmation.
💡 Keep position sizing small during volatile sessions.
⚠️ Disclaimer
🔒 I am not a SEBI-registered analyst.
This information is for educational and paper-trading purposes only.
Please consult your financial advisor before making trading decisions.
Trading in stock markets involves high risk.
#NIFTY Intraday Support and Resistance Levels - 25/11/2025Nifty is expected to open flat today, indicating a neutral start with no clear directional bias in the early session. If the index sustains above the 26050–26100 zone, it will activate the long setup with upside targets of 26150, 26200, and 26250+. A decisive move above this range may help Nifty recover back toward the higher resistance levels.
On the downside, weakness will confirm only if Nifty breaks below 25950, which will trigger the short setup with targets at 25850, 25800, and 25750-. Since the market is opening flat, initial movement may stay within the consolidation zone, and a breakout from these key levels will determine the trend for the day.
Nifty 15 Min chart wave AnalysisNifty 15 min time frame wave analysis
Nifty trade in impulse wave minuette degree (i) (ii) (iii) (iv) completed and wave (v) in progress
we study wave (v)
Wave (v)- internal structure i ii, iii have completed and wave iv in progress it may be ended near 26k here is buy setup generate for minuette degree wave (v) it may be anticipate around 26350 area.
Thanks
MKT learner
Disclaimer
it is educational purpose only .
[INTRADAY] #BANKNIFTY PE & CE Levels(25/11/2025)Bank Nifty is expected to open flat today, indicating a neutral start with no clear directional bias in the early session. A sustained move above the 59050–59100 zone will activate the buying setup, opening upside targets of 59250, 59350, and 59450+. If momentum strengthens and price trades decisively above this range, further upside may continue toward the next major resistance.
On the downside, weakness will be confirmed only if the index slips below the 58950–58900 zone, where the selling trade becomes active with targets at 58750, 58650, and 58550-. Since the opening is flat, the market may initially remain within the range, and clear momentum will develop only after either side breaks decisively.
NIFTY Levels for TodayHere are the NIFTY's Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
HOW FAR WILL GOLD RISE?
1. MARKET CONTEXT
Yesterday, during the Asian and European sessions, gold prices mainly moved sideways – accumulating within a narrow range.
In the U.S. session, gold prices broke strongly through the 413X region and formed:
Inverse Head and Shoulders pattern (iH&S)
The upward structure returns → buyers dominate
This indicates that the upward momentum has returned, and the market leans towards continuing to rise if it does not break the important support area.
Fundamental factors supporting buyers
The market is expecting the Fed to cut interest rates in December.
Tonight there is PPI news — an important indicator directly affecting inflation expectations and Fed expectations.
→ This could be a catalyst for strong volatility in the U.S. session.
2. MAIN TRADING DIRECTION FOR THE DAY
➡️ Prioritize BUY (look to buy) according to the main trend.
➡️ SELL is only reactive – for retracement, not the main trend.
3. POTENTIAL BUY ZONES
Beautiful support areas to look for buying opportunities today:
📍 BUY zone 1 – Nearest
413X (early day resistance and yesterday's breakout area)
→ Beautiful entry area for scalping or buy follow trend.
📍 BUY zone 2
4100 – 4103
→ Psychological support & structural confluence area.
📍 BUY zone 3
4088 – 4090
📍 BUY zone 4
4060 – 4065
→ Strong support area, look to catch the bottom in case of deep price correction.
4. REACTIVE SELL ZONES (ONLY SELL FOR RETRACEMENT)
Only sell when price hits the area — clear rejection signals appear:
📍 SELL zone 1 (nearest)
4180 – 4186
📍 SELL zone 2
4190 – 4195
📍 SELL zone 3
4202 – 4205
Safe SELL conditions:
Only sell counter-trend, prioritize scalping.
If these areas are strongly broken + H1/H4 candle closes, consider buyers winning, then do not sell anymore.
5. CAPITAL MANAGEMENT – RISK MANAGEMENT
SL = 10 points
TP = 10 points
RR ratio = 1:1.2
Do not hold positions through PPI news if not really sure about the pattern.
6. NOTES ON METHOD
Buy orders will dominate the day.
Sell only when there is a strong reaction at resistance.
Scalping: open orders on smaller timeframes (M1–M5–M15) to optimize Entry.
Always wait for price action confirmation (pinbar, engulfing, retest…) before entering orders.
7. SUMMARY
Today's tendency is mainly BUY, based on:
The return of the upward trend
Inverse Head and Shoulders pattern
Expectations of a dovish Fed
PPI news triggering volatility
Wishing everyone an effective trading day — total victory! 🔥💹
BANKNIFTY Levels for TodayHere are the BANKNIFTY’s Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
BUY HEMIPROP FOR MID TO LONG TERMThe price has recently touched and bounced off a long-term ascending trendline that has acted as strong support since 2021. This bounce could indicate a potential reversal or at least a temporary bottom current candle is bullish with a long lower wick, suggesting buying pressure at lower levels, which is typically a good sign for reversal.
Assuming the support holds and momentum continues, here are the potential upside targets based on historical price action and resistance levels:
First Target: ₹165 – Previous minor resistance zone.
Second Target: ₹195 – Stronger resistance seen multiple times in 2024.
Third Target: ₹225 – Last significant swing high.
Long-term Potential: ₹265+
If the trend continues and momentum builds.Conservative Stop Loss: ₹110 – Below the recent swing low.
Aggressive Stop Loss: ₹99 – Just below the trendline breakdown (to allow for volatility).
Invalidation: Sustained close below ₹110–99 zone.
KTKBANK - Weekly Long Set upThis weekly chart highlights a long-term bullish setup forming after a previous resistance breakout. Following that breakout, the price moved into a prolonged correction and created a falling wedge pattern. Falling wedges are known for signaling potential upside reversals, especially when they occur within a larger uptrend.
Throughout the wedge, the 200 EMA continued to act as strong dynamic support. Each time price approached the 200 EMA, buyers defended the level, showing that long-term investors were still active. This area also aligned with a horizontal support zone, creating a strong confluence where the probability of a reversal increases.
The breakout signal appears when the price finally moves above the upper trendline of the falling wedge. This breakout is supported by a clear surge in volume, indicating strong participation and confirming that the breakout has strength behind it.
The RSI crossing and sustaining above 60 adds another layer of confirmation. On a weekly timeframe, RSI above 60 usually signals the start of a stronger momentum phase where buyers dominate.
Entry point 1 (aggressive):
Entering when price breaks above the falling wedge trendline with improving volume while staying above the 200 EMA and support zone.
Entry point 2 (conservative):
Waiting for a weekly candle to close firmly above the wedge trendline, along with RSI holding above 60 and volume remaining above average.
Risk placement is below the support zone and the 200 EMA, because a breakdown below these levels would weaken the overall setup. Reward is projected based on the height of the wedge and previous major swing highs.
This combination of wedge breakout, strong support confluence, rising volume, and momentum shift provides a complete technical setup for a potential trend continuation.






















