Trend Lines
We are still BULLISH !!As we can see NIFTY tried being strong but last swing resulted in strong rejection resulting in weak closing but it still closed above the structure and could act as a retest to the breakout for further continuation of uptrend so plan your trades accordingly and keep watching.
ETH Technicals Hint at Breakout — All Eyes on the 2588 Level📊 Cycle Structure:
HWC (Higher Wave Cycle): Bullish 🔼
MWC (Middle Wave Cycle): Ranging 🔁
LWC (Lower Wave Cycle): Bullish 🔼
The overall market structure leans bullish. With both HWC and LWC pointing upward, the directional pressure favors long setups.
❗️If you're looking for a short position, this analysis isn't for you.
🔍 Price Action Structure & Entry Scenario:
A strong resistance zone at 2588 has already been tested four times.
A fifth touch often increases the probability of a breakout — especially in a bullish-biased environment.
A 1H ascending trendline sits right below the resistance, acting as dynamic support.
📌 My Strategy: Pre-Breakout Entry
My approach focuses on entering before a confirmed breakout — riding the early wave toward resistance.
This includes watching for compression, weak selling volume, and bullish candlestick structures.
⚠️ This method is inherently riskier, and the chance of getting stopped out is higher, so solid risk management is essential.
👥 Based on trading style, here’s how different traders might approach this:
🔁 Reactive traders can wait to see how price reacts at the trendline.
🔓 Breakout traders should wait for a confirmed 15min or 1H close above 2588.
🐳 Those expecting a sharp whale-driven move may consider placing a Buy Stop Order above resistance.
🎯 Entry Levels & Risk Management:
Aggressive Entry: Pre-breakout trigger near 2588 (riskier).
Conservative Entry: Wait for a confirmed breakout candle above 2588.
Stop-loss idea: Below the 1H trendline, acting as a dynamic support.
📉 Invalidation Level:
My bullish outlook holds as long as we’re above 2387.
If price closes below that, I’ll re-evaluate for a possible short — but until then, the focus remains on the long side.
💬 Want me to analyze a specific coin?
Drop it in the comments — I’ll review and pick one for the next post.
⚠️ Without proper risk management, you're just a ticking time bomb.
— PXA 📊
PRINCE PIPES technical analysisPrince Pipes & Fittings Ltd. (NSE: PRINCEPIPE) is currently trading at INR 295.95, reflecting a 17.81% increase. The company is a leading manufacturer of polymer piping solutions, supplying products for plumbing, irrigation, and infrastructure needs across India.
Key Levels
Support Level: INR 251
Swing Level: INR 380 - 484
Possible Upside Levels: INR 736.85, INR 874.90, INR 1,050.75
Technical Indicators
RSI: The Relative Strength Index (RSI) is at 33.69, indicating that the stock is in a low momentum phase, approaching oversold levels, which could suggest potential for recovery.
Volume: Trading volume has seen a surge, confirming heightened investor interest, especially around key price zones. Strong volume during price increases could validate bullish sentiment.
Sector and Market Context
Prince Pipes & Fittings Ltd. operates in the industrial and construction materials sector, which has seen steady demand growth due to infrastructure expansion, real estate development, and government-backed housing initiatives. The sector benefits from cost-efficient polymer solutions replacing traditional materials, contributing to market resilience. However, fluctuations in raw material prices (PVC resin), regulatory policies, and consumer demand cycles could impact performance. The broader market context shows recovery signs, with investors actively looking at fundamental stocks offering long-term stability.
Latest News and Developments
Quarterly Results: The company reported revenue growth driven by higher sales volumes, though margins remained under pressure due to rising input costs.
Analyst Ratings: Some analysts have maintained a neutral-to-positive stance, citing strong market presence but cautious outlook on pricing pressures.
Industry Trends: Increased demand for sustainable and high-performance polymer piping solutions supports long-term prospects.
Dividend Update: No recent dividend declarations, indicating a strategy focused on reinvestment for expansion.
Analysis Summary
Prince Pipes & Fittings Ltd. is currently in a consolidation phase, with RSI suggesting potential for recovery. The stock benefits from sector tailwinds, supported by infrastructure growth and evolving consumer preferences. Investors should watch price action near key levels, volume trends, and sector developments before making informed decisions. A balanced approach is recommended, considering both the opportunities and risks inherent in the market.
Nifty Intraday Analysis for 21st May 2025NSE:NIFTY
Index closed near 24685 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 173.68 Lakh 25500 Strike – 132.41 Lakh
25100 Strike – 76.36 Lakh
Put Writing
24000 Strike – 76.42 Lakh
24500 Strike – 68.65 Lakh
24700 Strike – 48.99 Lakh
Index has resistance near 24900 – 24950 range and if index crosses and sustains above this level then may reach near 25150 – 25200 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24200 – 24150 range.
Banknifty Intraday Analysis for 21st May 2025NSE:BANKNIFTY
Index closed near 54875 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
55500 Strike – 15.40 Lakh
56000 Strike – 14.71 Lakh 55000 Strike – 10.85 Lakh
Put Writing
55000 Strike – 18.66 Lakh
54000 Strike – 11.73 Lakh
55500 Strike – 7.48 Lakh
Index has resistance near 55350 – 55450 range and if index crosses and sustains above this level then may reach near 55700 – 55800 range.
Index has immediate support near 54500 - 54400 range and if this support is broken then index may tank near 541600 - 54000 range.
Finnifty Intraday Analysis for 21st May 2025NSE:CNXFINANCE
Index closed near 26195 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
27000 Strike – 1.99 Lakh
26500 Strike – 1.02 Lakh
26300 Strike – 0.62 Lakh
Put Writing
26000 Strike – 0.82 Lakh
26300 Strike – 0.78 Lakh
26500 Strike – 0.63 Lakh
Index has resistance near 26650 - 26700 range and if index crosses and sustains above this level then may reach near 26825 - 26875 range.
Index has immediate support near 26000 – 25950 range and if this support is broken then index may tank near 25800 – 25750 range.
Midnifty Intraday Analysis for 21st May 2025NSE:NIFTY_MID_SELECT
Index closed near 12585 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
13000 Strike – 9.53 Lakh
12800 Strike – 4.41 Lakh
12700 Strike – 2.73 Lakh
Put Writing
12500 Strike – 3.77 Lakh
12600 Strike – 3.49 Lakh
12300 Strike – 3.03 Lakh
Index has immediate resistance near 12725 – 12775 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12425 – 12375 range and if this support is broken then index may tank near 12250 – 12200 range.
Tata Teleservices (Maharashtra) Big breakout alert!Big Breakout Alert!
Price has convincingly broken out of a long-term descending trendline with high volume interest visible on the volume profile — signaling a potential change in trend.
🔹 CMP: ₹65.88 (▲ +13.14%)
🔹 Resistance levels: ₹79.00 → ₹104.00
🔹 Support zone: ₹54.10 (Volume Node & Horizontal Structure)
🔍 Technical Insights:
Volume Profile Analysis
🔸 High volume node between ₹54–₹66 suggests strong accumulation.
🔸 Sharp price rejection below ₹54 confirms it as a demand zone.
Descending Trendline Break
🔸 Price finally broke out after multiple rejections since August 2023.
🔸 Breakout has occurred with aggressive bullish momentum.
Roadmap Projection (Blue Path)
1. Possible retest near ₹62–₹64
2. Push toward ₹79 zone
3. Consolidation before breakout toward ₹92–₹104 (previous POC & supply zone)
🧠 Takeaway:
This breakout, backed by volume and structure, hints at a trend reversal. If price holds above ₹62–₹64 on a retest, the stock could enter a new bullish phase targeting ₹100+.
“The longer the base, the stronger the breakout.”
#TataTeleservices #TTML #BreakoutStock #VolumeProfile #TrendlineBreak #SwingTrading #ChartAnalysis #StockMarketIndia #PriceAction #TechnicalAnalysis
3MINDIA at Breakout Crossroads📅 Chart Type: Daily
📉 Structure Observed: Downtrend Channel → Breakout Attempt → Symmetrical Triangle
📌 Current Price: ₹29,620
🔍 Chart Analysis Summary:
3M India has been under a prolonged downtrend since mid-2023, clearly respecting the falling channel (highlighted in blue). However, since March 2025, a base seems to be forming, and price action has converged into a symmetrical triangle pattern (yellow lines), signaling a potential breakout.
💥 Trade Ideas
✅ Long Trade (High Risk, High Reward):
If price decisively breaks out above the triangle resistance (~₹30,000+), it could be the first real sign of trend reversal after months of weakness. Potential targets could be:
₹31,200 (resistance zone)
₹33,500+ (previous swing highs)
Stop-loss: Below ₹28,800 (lower triangle boundary)
Risk: Moderate-High (False breakout possibility due to low volume)
⚠️ Risky Trade:
Given the triangle formation at the end of a downtrend, this could also be a bearish continuation pattern. A fake breakout followed by rejection could trap bulls.
💡 Avoid trading until confirmation (volume spike + close above resistance or breakdown)
📉 Short Trade:
If price breaks below ₹28,800 with volume, the stock could revisit:
₹27,000 (March support)
₹25,000 (channel support retest)
Stop-loss: ₹30,100 (triangle resistance)
Risk: Medium
Reward: High if channel resumes downward
🔁 Swing Trade Perspective:
This setup is ideal for swing traders who thrive on breakouts or breakdowns from tight consolidations.
📈 Breakout Swing: Enter above ₹30,000 with target ₹33,500
📉 Breakdown Swing: Enter below ₹28,800 with target ₹25,000
🧠 Wait for confirmation candle (daily close + volume) before entry.
📌 Key Zones to Watch:
Resistance: ₹30,000 – ₹31,200
Support: ₹28,800, ₹27,000
Volume Spike: Needed to confirm move direction
🧠 Final Thoughts:
This is a make-or-break level for 3M India. Traders should be cautious but alert. Whether you're bullish or bearish, this consolidation is unlikely to last much longer — and a sharp move is imminent.
"In the market, the biggest profits often come from waiting for the right setup. This might be one."
📉💰 Trade responsibly. Always manage your risk.
JKTYRE – Breakout Watch Setup (Daily Chart)The stock has shown a strong bullish engulfing candle backed by volume spurt, breaking above a long-standing downtrend line. Price action suggests range expansion, with momentum building toward reclaiming higher levels.
Structure is improving rapidly, with today's candle pushing the stock near its immediate breakout zone. A clean follow-through may confirm trend reversal.
🔔 Trade Plan
Entry: ₹371.45+
Stop Loss: ₹325.60 (closing basis)
Target 1: ₹426.75
Target 2: ₹459.20
Target 3: ₹513.35
ATH Zone: ₹556.45
🎯 Risk:Reward Overview
Risk (Entry to SL): ₹45.85
Reward to T1: ₹55.30 → R:R ~ 1.20
Reward to T2: ₹87.75 → R:R ~ 1.91
Reward to T3: ₹141.90 → R:R ~ 3.09
This offers a highly favourable R:R setup, especially for swing traders looking to ride trend continuation after a strong base formation.
💡 Execution Tip
You can consider taking a test quantity near ₹371–373 to gauge strength. Add more if the price sustains above ₹396.55 with momentum. Trail your SL smartly post T1.
🧠 Why It Stands Out
Breakout above falling trendline
Range expansion candle with strong body
Backed by volume — indicating institutional interest
Clean upside zone toward 1-year highs
Psychological reset above ₹400 round level
⚠️ Risk Management Is Key
As always, stick to your SL, size your position according to your risk appetite, and don’t overexpose at breakout highs. Trailing SL is your best friend in trending setups like this.
📌 Disclaimer:
This is not investment advice. I am not a SEBI-registered advisor. All content is for educational purposes only. Please do your own research and follow a well-defined trade plan.
UNIONBANK – Positional Breakout SetupPattern: Double Bottom | W Pattern Inside Channel
Trend: HH-HL Structure | Trading Inside Ascending Channel
Volume: Noticeable Build-Up
DMAs: Trading Above Key DMAs
Stage: Aiming for Stage 2 Breakout
The stock is forming a double bottom (W pattern) inside a well-respected ascending channel, with a clean higher high–higher low structure and visible volume build-up. It's now trading above key DMAs, hinting at underlying strength. With price approaching a key breakout zone, it looks primed for a potential Stage 2 continuation.
🔔 Trade Plan
Entry: ₹143.38+ (on breakout and daily close above)
Stop Loss: ₹121.74 (closing basis )
Target 1: ₹151.72
Target 2: ₹172.83
Risk–Reward Insight 🎯
Risk from entry to SL is ₹21.64.
Reward to Target 1 is ₹8.34 (~1:0.38)
Reward to Target 2 is ₹29.45 (~1:1.36)
While T1 gives a conservative move, the bigger play lies in T2 — the upper edge of a 1-year trading range. This is where smart money tends to scale in.
💡You don’t have to go full throttle on day one.
✅ Consider buying a test quantity above ₹143.38 to assess breakout strength.
If the move confirms with strong follow-through and volume, you can look to add on dips or above T1 with a tighter trailing SL.
This approach helps you ride trends without overexposing yourself early. The key is to stay mechanical and let the setup prove itself.
⚠️ Risk Management is Non-Negotiable
Never ignore your stop loss.
Don't chase.
Stick to your plan and size positions according to your risk appetite.
This setup looks technically clean — but remember: even the best setups fail without confirmation. Let price and volume lead the way.
📌 Disclaimer:
This is not investment advice. I am not a SEBI-registered advisor. All content is for educational purposes only. Please do your own analysis and always trade responsibly.
Key Rejection Zone Approaching – Bearish Setup in PlayChart Summary:
Asset: Unspecified (USD-based)
Timeframe: Short-term (likely 1H or 4H)
Indicators:
EMA 50 (red): 3,245.772
EMA 200 (blue): 3,223.635
Key Zones:
Resistance Zone (Red box): ~3,310–3,360
Target/Support Zone (Red box): ~3,110–3,160
Mid Support Zone (Blue box): ~3,200–3,230
Trendline: Downward sloping resistance connecting major highs
---
Technical Breakdown:
Trend Analysis:
Primary Trend: Bearish ⬇️
Confirmed by the downtrend line (black) which has been respected multiple times (3 clear touches).
Current Price: 3,290.090
Price is approaching a key confluence zone: resistance area + trendline.
This area has previously acted as strong supply.
Moving Averages:
EMA 50 > EMA 200: Minor bullish signal (Golden Cross), but price action is still below major resistance.
However, this cross may be a false signal if price gets rejected here.
---
Price Action:
Current Move: Strong bullish push toward resistance after rebounding from the target zone ✅
The resistance zone and trendline are likely to act as a rejection point unless broken decisively.
---
Bearish Scenario (High Probability):
If price fails to break above the resistance zone:
Expect a rejection and move back toward:
Blue mid-support: ~3,220
Target zone: ~3,130 (major demand area)
Confirmation: Bearish candlestick pattern or strong wick rejections near resistance.
🔵 Entry Idea: Short near 3,310–3,350
🎯 Target: 3,130 zone
✋ Stop-Loss: Above 3,360 (above trendline + resistance)
---
Bullish Scenario (Less Likely):
If price breaks above the resistance zone with strong volume:
Could signal trend reversal
Next target levels: ~3,400+
---
Conclusion:
Bias: Bearish near resistance zone
Key Level to Watch: 3,310–3,360 (critical for direction)
Trading Approach: Wait for confirmation, don't preemptively short without rejection signals.
bullish as long as we are above 24600!As we can see NIFTY showed strong retracement which could be influenced by trumps new bill which imposed tax on remittances which NRI's used to send back home to INDIA but looking technically, it still looks bullish and this fall can act as a retest for further up move so plan your trades accordingly and keep watching.
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Nifty Intraday Analysis for 20th May 2025NSE:NIFTY
Index closed near 24945 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 117.03 Lakh 25500 Strike – 98.90 Lakh
25100 Strike – 76.36 Lakh
Put Writing
25000 Strike – 67.03 Lakh
24500 Strike – 56.35 Lakh
24700 Strike – 48.09 Lakh
Index has resistance near 25100 – 25150 range and if index crosses and sustains above this level then may reach near 25350 – 25400 range.
Index has immediate support near 24800 – 23750 range and if this support is broken then index may tank near 24650 – 24600 range.
Banknifty Intraday Analysis for 20th May 2025NSE:BANKNIFTY
Index closed near 55420 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
55500 Strike – 12.94 Lakh
56000 Strike – 12.70 Lakh 57000 Strike – 10.30 Lakh
Put Writing
55000 Strike – 20.43 Lakh
54000 Strike – 13.67 Lakh
55500 Strike – 8.82 Lakh
Index has resistance near 56000 – 56100 range and if index crosses and sustains above this level then may reach near 56500 – 56600 range.
Index has immediate support near 55000 - 54900 range and if this support is broken then index may tank near 54600 - 54500 range.
Finnifty Intraday Analysis for 20th May 2025NSE:CNXFINANCE
Index closed near 26510 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
27000 Strike – 1.56 Lakh
26500 Strike – 1.26 Lakh
26800 Strike – 0.51 Lakh
Put Writing
26000 Strike – 1.33 Lakh
26500 Strike – 0.85 Lakh
26300 Strike – 0.52 Lakh
Index has resistance near 26650 - 26700 range and if index crosses and sustains above this level then may reach near 26825 - 26875 range.
Index has immediate support near 26350 – 26300 range and if this support is broken then index may tank near 26200 – 26150 range.
Midnifty Intraday Analysis for 20th May 2025NSE:NIFTY_MID_SELECT
Index closed near 12760 level and Maximum Call and Put Writing near CMP as below in April Month contract:
Call Writing
13000 Strike – 6.69 Lakh
12800 Strike – 3.32 Lakh
13200 Strike – 2.91 Lakh
Put Writing
12500 Strike – 4.29 Lakh
12600 Strike – 3.64 Lakh
12700 Strike – 2.16 Lakh
Index has immediate resistance near 12950 – 13000 range and if index crosses and sustains above this level then may reach 13150 – 13200 range.
Index has immediate support near 12600 – 12650 range and if this support is broken then index may tank near 12500 – 12450 range.
PENDLE 4H Analysis — Market Coiling for a Potential BreakoutBINANCE:PENDLEUSDT
🔹 Cycle Structure:
HWC (High Wave Cycle / Long-Term): Bullish 🔼
MWC (Medium Wave Cycle / Mid-Term): Bullish 🔼
LWC (Low Wave Cycle / Short-Term): Ranging 🔁
With both HWC and MWC showing bullish direction, the overall market sentiment is bullish for now.
🔍 Price Structure Insights:
The market is currently in a compressed range, and price action looks like a spring being coiled — meaning once it breaks out, we might see a sharp move.
Now, let’s remember:
We never deal in certainties — this game is all about probabilities.
Here’s what we're seeing:
More touches to the top of the range → indicates bullish pressure
Decreasing volume during dips → another bullish signal
So, with these confirmations, my bias leans toward the long side.
That said, if a valid short trigger comes up, I’ll mention it — but personally, I won’t take a short on this one.
📈 Long Entry Options (from riskier to safer):
Early Entry: Break of trendline (1H timeframe) — higher risk, earlier entry
Medium-Safe Entry: Break of horizontal resistance at 4.33
Safer Entry: Break of the main trendline (trend-confirmation)
⚠️ No matter how "safe" a setup looks, there’s always a chance of hitting stop-loss.
The safer the setup, the lower the probability of getting stopped out — but it’s never zero.
📉 Short Setup:
A short could be considered below 3.66 (support break)
However, as mentioned — I personally won’t take this short given the bullish context.
📌 If you want a specific coin analyzed, let me know in the comments.
I’ll pick a few requests for the next breakdown.
Without proper risk management, you're just a ticking time bomb. ⚠️
— PXA 📊
BLS Weekly Chart Analysis ## BLS (NSE: BLS) Weekly Chart Analysis and Trade Idea
### **Technical Overview**
- **Trend:** The chart displays a strong long-term uptrend supported by a rising trendline from early 2022.
- **Support:** The price has repeatedly bounced from the trendline and a horizontal support zone around 350–370 INR.
- **Current Price:** 401.50 INR (as of the latest weekly candle).
- **Resistance Levels:**
- **426.25 INR:** Immediate resistance (dashed blue line).
- **522.80 INR:** Previous all-time high and major resistance (dashed blue line).
Recent Price Action
The stock recently rebounded from the trendline and support zone, suggesting renewed buying interest.
The latest weekly candle is bullish, closing near the highs of the week
### **Summary**
BLS is showing a bullish technical setup after a correction and trendline bounce. As long as the price holds above 350 INR, the outlook remains positive for a move toward 426 INR and potentially 523 INR. If the price closes below 350 INR, consider exiting the trade.