Tamilnad Mercantile Bank – 1D Chart | Strong Resistance Zone🟢 Tamilnad Mercantile Bank (TMB) – 1D Chart | Strong Resistance Zone Ahead
📊 Chart Setup:
TMB is testing its major 1-year resistance zone around ₹510, a key level that has capped price movements for months. A strong daily close above ₹510 could trigger momentum towards higher targets.
🔹 Resistance: ₹510 (Major 1-year resistance)
🔹 Targets on Breakout: ₹535 / ₹600
🔹 Supports: ₹466 / ₹440
🔹 View: Price consolidating near breakout zone. Sustained close above ₹510 can signal trend continuation.
🏦 Fundamental Update – Q2 FY26 Results Highlights:
Tamilnad Mercantile Bank delivered steady performance with profit growth and improved asset quality.
• Net Profit: ₹318 Cr ↑ (▲4.95% YoY)
• Total Business: ↑11.40%
• Deposits: ₹55,421 Cr ↑12.32%
• Advances: ↑10.5%
• Net Interest Income: ₹597 Cr ↑0.17%
• Gross NPA: ↓ to 1.01%
• Net NPA: ↓ to 0.26%
• Capital Adequacy Ratio (CAR): Strong at 30.96%
➡️ Stable performance, improving asset quality, and strong capital base add confidence to the technical setup.
📈 For educational purpose only. Not a buy/sell recommendation.
Trend Analysis
Best Intraday SET UP for BTC for today Optimal trading strategy for Bitcoin today.
Initiate a long position above the 110,463 level, targeting 111,597. Conversely, should resistance be encountered near 110,227, anticipate a downward price movement, with a target of 108,759. Furthermore, consider short positions below 109,804 due to a break in market structure, aiming for a target of 108,759.
Bhel Buy for target of 280 and 300Dear Traders,
NSE:BHEL
I’d like to share a technical perspective on the recent price action, which appears to present two possible scenarios: either an ABC corrective pattern or the beginning of a new impulsive wave.
📈 Scenario 1: Flat Correction (3-3-5)
- The up move from 176 on 3rd March 2025 to 272 on 3rd June 2025 may represent a corrective A wave.
- The subsequent decline retraced more than 61.8%, suggesting a B wave in a flat correction.
- The final upward move unfolds in five waves, supporting the idea of a 3-3-5 flat structure.
📐 Scenario 2: Leading Diagonal (Wave 1)
- The same up move could be interpreted as a leading diagonal triangle, typically seen in wave 1 of an impulse.
- However, the correction that follows retraced more than 61.8%, which challenges the labeling as wave A in a zigzag (since wave B in a zigzag should not exceed 61.8% retracement).
- Therefore, if this is truly a leading diagonal, it is more likely to be wave 1, not wave A.
🎯 Target Zones
- First target: 78.6% retracement of wave A or wave 1.
- Second target: 300, where wave C equals wave A in length.
This dual interpretation highlights the importance of monitoring structure and retracement levels closely. I welcome your thoughts and feedback on this evolving setup.
Best regards,
bluestoneBlueStone Jewellery presents a compelling long opportunity, supported by a bullish confluence of positive technical structure, validated dynamic support, and near-term fundamental tailwinds.
Analysis:
1. Technical Structure (Strong Uptrend): The stock has been in a robust, structural uptrend since its IPO. The clear pattern of higher highs and higher lows confirms a strong, long-term accumulation and a bullish market bias.
2. Dynamic Support (EMA Validation): Current price action is exhibiting constructive behavior. The stock is finding resilient support at a key Exponential Moving Average (EMA), likely the 21-day or 50-day. This level is acting as a "buy the dip" zone, indicating that buyers are defending this price and that the short-term trend remains intact within the larger uptrend.
3. Seasonal & Sector Tailwinds: We are entering a period of seasonal strength for the jewellery sector. The ongoing festive season is a significant demand driver and is expected to provide a strong tailwind for revenues and positive market sentiment.
4. Near-Term Catalyst: The thesis is further supported by an upcoming event specific to the company. This event (such as an earnings release, new product launch, or analyst day) acts as a potential catalyst that could attract new buying interest and unlock the next leg up.
Conclusion: The combination of a validated uptrend, technical support at a key EMA, and positive seasonal/event-driven factors creates a high-probability setup. The current pullback to the EMA offers an attractive risk/reward entry point.
Marksans Pharma – Key Level Reclaimed After False Breakdown📊 Technical Overview
Timeframe: 1D (Daily)
MARKSANS PHARMA LIMITED
The zone around ₹175–₹180 earlier acted as a strong resistance (multiple rejections in early 2024 to mid-2024).
After breakout this same level flipped into support, confirming a clear demand zone.
Recently, the stock broke below this support, but failed to sustain—a classic false breakdown setup.
Price quickly reclaimed the level with strong volume, showing renewed buying interest and a clean bullish breakout from the order block zone (₹164–₹178).
💡 RSI Divergence
The RSI indicator formed a bullish divergence—price made lower lows while RSI made higher lows.
This confirms a momentum reversal and supports the fresh breakout move.
📈 Trade Setup
Entry: ₹182 (current breakout level)
Stoploss: ₹160 (below the order block)
Target: ₹275+
Risk:Reward: ≈ 1 : 4
⚙️ View
What was once resistance became support, failed to break down, and has now flipped bullish again with strong volume confirmation.
Sustaining above ₹182 could open the path toward ₹250–₹275 levels in the coming weeks.
Supriya Lifescience Stock is showing rounding bottom formation on weekly time frame basis and trying to brake out 1 year range 640~840.
Immediate hurdles will be psychological 800 resistance and 840 previous high. Once its brake we can expect target of approx 900 /-
Volume is also supporting on weekly basis.
Momentum indicator RSI is above 60 showing positive strength.
Weekly candle support the above forming hammer formation.
LUCY’S VIEW ON GOLD FOR THE WEEKLUCY’S VIEW ON GOLD FOR THE WEEK 💎
Hey everyone 💕
A fresh week begins, and Gold (XAUUSD) is already showing some interesting setups. It looks like wave 5 is starting to form — which could lead to a stronger directional move soon.
Let’s take a closer look at the technical picture together 🌿
🔍 Technical Outlook
On the 4H chart, Gold is hovering around the 4000 zone after completing its wave (4) correction.
The current structure suggests that wave 5 down may be unfolding.
However, we’ll need a clear break below 3900 to confirm further downside pressure 📉
From the ICT perspective, the Fair Value Gaps (FVG) above are acting as liquidity traps — areas where sellers might step back in if price sweeps higher.
According to Fibonacci levels, the 0.382 zone near 4000 remains a key balance point, while the 1.618 extension around 3550 could become a longer-term target if the bearish wave extends 🔻
⚙️ Key Price Zones to Watch
The area near 4060 is a strong resistance, aligning with an FVG zone — if Gold breaks above, the short-term bias could shift toward 4100–4150, and even 4250 🌸
On the downside, 3995 is the first support, followed by 3920, and deeper near 3850–3900.
A decisive break below these levels could open the way for a stronger wave 5 move toward the 3550 zone.
🎯 Trade Setup
💼 Sell Entry: 4050
⛔ Stop Loss: 4060
🎯 Targets: 4023 – 4000 – 3988 – 3965
I’ll stay focused on selling around the upper FVG zone, but will adjust quickly if price shows a clean breakout above 4060.
⚠️ Note & Closing
This analysis reflects Lucy’s personal view based on Trendline, Fibonacci, and ICT concepts 📊
It’s not financial advice.
Share your thoughts on Gold’s next move in the comments 💬
And don’t forget to follow Lucy for daily insights — where technical precision meets trading emotion 💫🌙
This Coin Could 10x in the Next Bull Run: Don’t Miss ItThis Coin Could 10x in the Next Bull Run: Don’t Miss It
GETTEX:TAO is showing strong bull-market potential, already up 80% from our entry zone.
Key Updates:
Broke strong resistance at $460 → now support
If it holds, next targets: $1000–$1200, ultimate $2000
Book profits along the way, no one predicts markets 100%
Smart traders watch levels, not FOMO.
NFa & DYOR
Buckle Up! Tata Motors Gearing for a Long-Term Reversal !Tata Motors – Reverse Cup & Handle Formation (Long-Term View)
A reverse cup and handle formation is clearly visible on the long-term chart of Tata Motors, developed over the past several years. The price earlier witnessed a major rally, formed a rounded top (the “cup”), and then created a small right-side consolidation (the “handle”). Recently, a breakdown occurred, and the price is now retesting the breakdown zone around ₹410–₹450.
This retest region acts as a critical make-or-break zone — a successful hold below it could trigger further downside initially; while reclaiming it can open the path for a strong upside rally toward ₹3,300 levels, as indicated by the measured move projection.
On the momentum side, the RSI shows a hidden bullish divergence (H Bull) — RSI is making higher lows while price makes lower lows, suggesting that downside momentum is weakening and a possible long-term reversal could emerge from this retest zone.
Summary View
Pattern: Reverse Cup and Handle (multi-year)
Breakout/Breakdown Zone: ₹410–₹450
Potential Upside Target: ₹3,300 (measured move projection)
RSI Divergence: Hidden Bullish Divergence indicating reversal potential
Outlook: Long-term investors can watch this zone for accumulation or confirmation-based entry once strength reappears.
Part 8 Trading Master Class With ExpertsTypes of Options Based on Exercise Style
Options can also differ based on when they can be exercised:
American Options: Can be exercised any time before expiry (used in U.S. markets).
European Options: Can only be exercised on the expiry date (common in India and Europe).
On Indian exchanges like NSE, most index and stock options are European-style.
Part 7 Trading Master Class With Experts Option Pricing: Understanding the Premium
Option prices are determined by several variables, most famously modeled using the Black-Scholes formula. The main components are:
Underlying Price: The current price of the asset.
Strike Price: The agreed-upon price for the option.
Time to Expiry: Longer durations increase premium due to higher uncertainty.
Volatility: Measures how much the underlying asset’s price fluctuates; higher volatility increases option prices.
Interest Rates and Dividends: Minor but relevant factors affecting option pricing.
Option premium = Intrinsic Value + Time Value
As expiration approaches, the time value declines—this is called time decay (Theta). This is why option sellers often benefit from the passage of time if prices remain stable.
Part 6 Learn Institutional Trading How Option Trading Works
When you trade options, there are two sides to every contract: the buyer and the seller.
Option Buyer: Pays the premium for the right to exercise the option. Their risk is limited to the premium paid but potential profit is unlimited (in calls) or substantial (in puts).
Option Seller (Writer): Receives the premium upfront but assumes an obligation if the buyer exercises the option. Their potential loss can be large, depending on market movement.
For example:
Let’s say stock XYZ is trading at ₹100.
You buy a call option with a strike price of ₹105, paying a premium of ₹3.
If XYZ rises to ₹115 before expiry, your profit = (115 – 105) – 3 = ₹7 per share.
If it stays below ₹105, your loss is limited to ₹3 (the premium paid).
Part 4 Learn Institutional Trading Key Terminology in Option Trading
To understand options, one must be familiar with some basic terms:
Underlying Asset: The instrument on which the option is based (e.g., stock, index, or commodity).
Strike Price: The price at which the option holder can buy (call) or sell (put) the asset.
Premium: The cost paid by the option buyer to acquire the contract.
Expiration Date: The date when the option contract becomes void.
In-the-Money (ITM): A call option is ITM when the underlying price is above the strike; a put is ITM when the price is below the strike.
Out-of-the-Money (OTM): The opposite of ITM. The call option has no intrinsic value when the price is below the strike; a put option has none when the price is above the strike.
At-the-Money (ATM): When the underlying price and strike price are nearly equal.
Intrinsic Value: The actual profit if the option were exercised immediately.
Time Value: The portion of the premium that reflects the probability of the option gaining value before expiry.
HindPetro (M): Strongly Bullish, Breakout in ProgressThe stock has decisively broken out of a 10-month accumulation phase on high volume, signaling a potential new leg up. The bullish indicators are all aligned, and the focus now shifts to whether this breakout can be sustained.
📈 1. The Long-Term Context
- Consolidation Phase: The stock has been in a broad sideways trend since January 2024, building a large base.
- Key Resistance: A horizontal resistance line formed in September 2024 has acted as a "lid," rejecting all price advances for the past year.
- Drying Volume: volume has been "drying up" during this consolidation. This is a classic sign of seller exhaustion and accumulation by buyers.
🚀 2. The Decisive Breakout
- The Surge: In October, the stock finally broke this pattern with a decisive 7.35% surge.
- High-Conviction Volume: This move was backed by massive, high-conviction volume of 106.56 Million shares, confirming strong institutional interest and the validity of the breakout.
- The Close: Most importantly, the stock closed firmly above the horizontal resistance trendline , turning that old "lid" into a new potential "floor" (support).
📊 3. Key Technical Indicators
The underlying momentum supports this bullish move:
- EMAs: Short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state, confirming strong, positive momentum.
- RSI: The Relative Strength Index (RSI) is rising, showing that buying strength is accelerating with the price.
🎯 4. Future Scenarios & Key Levels to Watch
⚠️ A Note of Caution
Instead of a "double-top," the key risk to watch for is a "fakeout" (or a "look above and fail"). Also watch for bearish divergence
🐂 The Bullish Case (Breakout Confirmation)
- Confirmation: The stock must now hold above the old resistance level (the breakout point). A successful retest of this level would be the strongest bullish confirmation.
- Target 1: ₹565
- Target 2: ₹700 (if upside momentum accelerates)
🐻 The Bearish Case (Breakout Failure)
- Trigger: If the current breakout is a "fakeout," the price will fail to hold and will drop back below the resistance line it just broke.
- Target: A failure here would likely see the stock fall to retest the immediate support level of ₹375.
Nifty 50 spot 25722.10 by the Daily Chart view - Weekly UpdateNifty 50 spot 25722.10 by the Daily Chart view - Weekly Update
- Support Zone 25430 to 25670 for Nifty Index
- Rising Support Trendline seems in active mode but may be broken
- Nifty below Resistance Zone but taking rest tad above the Support Zone
- Resistance Zone 25875 to 26060 and then 26200 to ATH 26277.35 for Nifty Index
- Bullish Rounding Bottoms seems active but continued skepticism keeping the Nifty index weak
- The final hurdle ATH crossover still stands ground and Nifty shying away from New Lifetime High creation
Weekly & Daily BTC analysis of 10R Opportunity........On HTF weekly and daily BTC is forming good scenarios for bearish trade. Price is consolidating at higher levels for last couple of weeks and showing value adjustment in BTC. Price already shot up a lot and we may see a short term pull back.
1. BTC has created CISD after taking liquidity at weekly level and tested weekly iFVG.
2. It has also created 1D FVG and 4H FVG and iFVG over lapping. creating cluster of CEs. Which might be a Good POI for sell side opportunity.
3. Technically we are already into a weekly down side scenario. Further price is approaching Daily and 4 Hourly FVGs for possible re-entry opportunities.
4. RSI has also already shown a bearish divergence on weekly level.
5. Most probably price will take liquidity of FVG and create MSS/CISD/TS/iFVG in LTF.
6. Price should show rejection/reversal in respective LTF (1H/15m) at FVG zone.
7. Take the trade only once clear entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF
All these combinations are signalling a high probability and ~10R trade scenario.
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Also Feel free to comment if you have any input to share.
Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.
Bank Nifty spot 57776.35 by Daily Chart view - Weekly UpdateBank Nifty spot 57776.35 by Daily Chart view - Weekly Update
- Support Zone 56950 to 57350 for Bank Nifty
- Resistance Zone 57800 to 58230 then at ATH 58577.50
- Bank Nifty sustaining tad below Resistance Zone but above Support Zone
- Rising Support Trendline has been broken and bit of weakness seems prevailing
- Bullish Rounding Bottom seems active but for the sustained skepticism in general
Indian Bank - Breakout Setup, Move is ON...#INDIANB trading above Resistance of 839
Next Resistance is at 1089
Support is at 649
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Precision Wires (M): Strongly Bullish (ATH Breakout)The stock has decisively broken out of a 10-month consolidation range, creating a new All-Time High (ATH) on exceptional volume. This signals the potential start of a new, major uptrend.
📈 1. The Long-Term Context
- Sideways Trend: The stock was in a prolonged sideways consolidation phase starting from January 2024.
- Volume Contraction: During this sideways period, volume was "drying up," which is a classic bullish sign of seller exhaustion and accumulation.
- The "Lid": This consolidation formed a strong horizontal resistance level that capped all rally attempts throughout the year.
🚀 2. The Decisive Breakout (The October 2025 Event)
In October, the stock broke this pattern with explosive force:
- Massive Surge: The stock surged 23.11% in a single move.
- Exceptional Volume: This surge was backed by massive, high-conviction volume of 24.51 Million shares, confirming strong institutional interest.
- ATH Achieved: This move pushed the stock to a new All-Time High and, most importantly, closed firmly above the horizontal resistance that defined the 2024 & 2025 trading range.
📊 3. Key Technical Indicators
The underlying momentum supports this bullish breakout:
- EMAs: Short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state, signaling a new, strong bullish trend.
- RSI: The Relative Strength Index (RSI) is rising, indicating that buying momentum is strong and accelerating.
🎯 4. Future Scenarios & Key Levels to Watch
⚠️ A Note of Caution
While the breakout is clear, we need to be cautious. After such a sharp vertical move, a "pause" or "pullback" is healthy. The primary risk to monitor is potential bearish divergence
🐂 The Bullish Case (Breakout Continuation)
- Confirmation: The old resistance must now act as new support. As long as the stock holds above this breakout level, the trend is intact.
- Target 1:₹320
- Target 2:₹410 (if momentum continues)
🐻 The Bearish Case (Breakout Failure)
- Trigger: If the breakout fails, the stock will fall back below the old horizontal resistance level (the one it just broke).
- Confirmation: A high-volume move back into the old range.
- Target: This would signal a "fakeout" and could lead to a sharp decline to the nearest support ₹170 .
Part 3 Learn Institutional Trading What Are Options?
An option is a derivative contract whose value is derived from an underlying asset such as a stock, index, commodity, or currency. The buyer of an option pays a premium to the seller (also called the writer) for the right—but not the obligation—to execute the trade under specified terms.
There are two main types of options:
Call Option: Gives the buyer the right to buy the underlying asset at a fixed price (called the strike price) before or on the expiry date.
Put Option: Gives the buyer the right to sell the underlying asset at the strike price before or on the expiry date.
These contracts can be traded on exchanges (like NSE, BSE, CBOE) or over-the-counter (OTC).






















