Trend Lines
Balmer Lawrie cmp 224.11 by Daily Chart viewBalmer Lawrie cmp 224.11 by Daily Chart view
- Support Zone 203 to 215 Price Band
- Resistance Zone 203 to 215 Price Band
- Multiple Bullish Rounding Bottoms around Support Zone
- Both Falling Resistance Trendlines Breakout seems sustained
- Heavy Volumes surge on Friday post close sync with avg traded qty
- Upwards Price momentum has well respected the Rising Support Trendline
- [ b]*Inside Bar made on Friday closure, indicates observing caution either a Breakout or Breakdown*
Bitcoin Trend – Breakout from the Downward ChannelBitcoin Trend – Breakout from the Downward Channel
Hello traders,
BTC has broken out of its descending channel with a very strong candle, moving exactly as expected in the corrective rally. At present, price is reacting around 117k, which confirms a shift in structure. For the medium term, the primary trend should now be considered bullish. Traders can look for pullbacks around 114.5k – 113k to add fresh long positions.
From an Elliott Wave perspective, BTC is moving within the final ABC structure. The current move is wave B, and we will be looking to position long once wave C completes.
Target for this long scenario: 120k – 121k, where a mild correction may occur as liquidity is taken.
This is my personal outlook on Bitcoin. Always follow price closely and manage your account carefully to stay safe.
What’s your view on BTC’s breakout? Share your thoughts in the comments so we can trade better together.
Gold – Medium-Term Buy StrategyGold – Medium-Term Buy Strategy
Hello traders,
Gold continues to move within wave B under Elliott Wave structure. I expect price to retest the trendline once more, with the strong support around 3325 — which already triggered a sharp bounce yesterday — likely to play a key role before wave C begins.
According to Elliott theory, wave C is often the strongest, and in this case, it could extend towards the 339x region. This offers a swing buy opportunity with a reasonable target of 30–40 dollars.
The MACD also supports this outlook, with volume holding above the average line and the MACD (green) remaining on top.
Key Resistance: 3348–3352, must be broken to open the way towards 339x.
Key Support: 3313, if broken, the scenario shifts and longer-term selling pressure could return.
Buy Zone: Around 3327, with profit potential of 40–60 dollars.
This is my personal outlook for gold this week. I hope it helps you align your trading plan.
What do you think about gold’s direction here? Share your views in the comments below.
Nifty 15-Minute Analysis – Probable Supply/Demand Levels.Nifty closed today on a weak note when observed on the 15-minute timeframe, suggesting that the index still has room for further downside before any meaningful recovery.
Key Observations:
Weak Close – The index ended today without showing any strong buying interest near the close, signaling a continuation of bearish momentum.
Short-Term Resistance – The first hurdle for any recovery attempt sits near 24950, which aligns with intraday supply zones and minor moving average resistance.
Support Zone – The nearest visible support remains around 24700 – 24750, which has acted as a reaction level in the past.
Expected Price Action:
Immediate Move: A short pullback is likely towards 24950 as sellers allow a relief bounce.
Rejection Zone: If price struggles near 24950, fresh short positions may emerge.
Downside Continuation: From this rejection, Nifty may head lower towards 24700, with 24750 acting as an intermediate support.
Possible Swing Reversal: After testing 24700, there is a probability of a reversal attempt back towards 24870 (today’s closing level) before another leg of selling pressure resumes.
Levels to Watch:
Resistance: 24950 → 25020 (short-term supply zone)
Closing Pivot: 24870
Support: 24750 → 24700 (critical short-term floor)
Trading Plan (Not Financial Advice):
For Intraday Traders:
Look for short opportunities near 24950 if rejection candles form.
Target zones: 24800 → 24750 → 24700.
For Swing Traders:
Watch price behavior around 24700. A sharp bounce from here may give a short-covering rally back to 24870+.
Sustained break below 24700 could open further downside.
Risk Note:
This analysis is based purely on chart structure and momentum on the 15-minute timeframe. Broader market cues (global sentiment, sector performance, macro events) can override intraday patterns. Always use stop-loss and adjust position sizing according to risk appetite.
Nifty Intraday Analysis for 22nd August 2025NSE:NIFTY
Index has resistance near 25250 – 25300 range and if index crosses and sustains above this level then may reach near 25450 – 25500 range.
Nifty has immediate support near 24900 – 24850 range and if this support is broken then index may tank near 24700 – 24650 range.
Banknifty Intraday Analysis for 22nd August 2025NSE:BANKNIFTY
Index has resistance near 56100 – 56200 range and if index crosses and sustains above this level then may reach near 56600– 56700 range.
Banknifty has immediate support near 55300 - 55200 range and if this support is broken then index may tank near 54800 - 54700 range.
Finnifty Intraday Analysis for 22nd August 2025NSE:CNXFINANCE
Index has resistance near 26800 - 26850 range and if index crosses and sustains above this level then may reach near 27050 - 27100 range.
Finnifty has immediate support near 26400 – 26350 range and if this support is broken then index may tank near 26200 – 26150 range.
Midnifty Intraday Analysis for 22nd August 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13050 – 13075 range and if index crosses and sustains above this level then may reach 13225 – 13250 range.
Midnifty has immediate support near 12800 – 12775 range and if this support is broken then index may tank near 12650 – 12625 range.
Olectra Greentech: Power of the Mother Candle & Zone Flip📊 White trendlines mark the crucial control trend and resistance levels.
🕯️ The bold Mother Candle (highlighted in the orange box) is marked .
💗 Notice the Pink Zone — formerly a tough resistance area — now flipped into strong support after the breakout, a classic supply-to-demand flip!
💎 The Cyan Box highlights an emerging demand zone, where buying interest gathers
⚡ Right side is a Representation of Market structure on the Biggest Time frame ( Monthly time frame ) showcasing a Higher high and Higher low formation and respecting the EMA plotted .
This is a stellar example of price structure and supply-demand dynamics in action—perfect study material for keen market observers.
⚠️ Disclaimer: This post is for educational and research purposes only. It does not constitute financial advice or a forecast. Always do your own analysis before making trading decisions.
Star Health cmp 440.20 by Daily Chart viewStar Health cmp 440.20 by Daily Chart view
- Support Zone 400 to 418 Price Band
- Resistance Zone 454 to 470 Price Band
- *Price repeatedly rejected down from the Resistance Zone*
- Falling Resistance Trendline Breakout seems to be sustained
- *Volumes falling by selling pressure from the Resistance Zone*
- Rising Support Trendline yet well respected by up-trending price
- *Stock Price traversing within the Darvas Box between Support and Resistance*
- Bullishness indicated by Technical patterns Head & Shoulders and Rounding Bottoms
- *Price Breakout post crossing and sustaining for few days over Resistance Zone neckline hurdle*
Nifty Intraday Analysis for 21st August 2025NSE:NIFTY
Index has resistance near 25200 – 25250 range and if index crosses and sustains above this level then may reach near 25400 – 25450 range.
Nifty has immediate support near 24875 – 24825 range and if this support is broken then index may tank near 24675 – 24625 range.
Banknifty Intraday Analysis for 21st August 2025NSE:BANKNIFTY
Index has resistance near 56100 – 56200 range and if index crosses and sustains above this level then may reach near 56600– 56700 range.
Banknifty has immediate support near 55300 - 55200 range and if this support is broken then index may tank near 54800 - 54700 range.
Finnifty Intraday Analysis for 21st August 2025NSE:CNXFINANCE
Index has resistance near 26650 - 26700 range and if index crosses and sustains above this level then may reach near 26850 - 26900 range.
Finnifty has immediate support near 26300 – 26250 range and if this support is broken then index may tank near 26100 – 26050 range.
Uno Minda: Triple Trendline Test - Breakout or Pullback Setup Uno Minda Price Action Setup
(Daily Timeframe | Pure Price Action + Volume)
Key Structure
Resistance Trendline: Tested twice (02-Sep-2024 & 17-Jul-2025). Price now approaches it for the 3rd attempt.
Support Zone: Strong base at 1027 (recent swing low).
Long-Term Trend: Bullish (higher highs/lows).
Trade Scenarios
SCENARIO 1 : Trendline Breakout
Trigger:
Daily breakout candle closes above the resistance trendline.
Candle must be strong bullish (full-bodied green) with volume > 20-day average.
Entry: On confirmation of breakout (next candle open/close above breakout candle’s high).
Stop Loss: Low of the breakout candle.
Targets:
First: 1255 (take partial profits).
Trail balance with trailing SL (e.g., below recent swing lows).
SCENARIO 2 : Pullback to Support
Trigger:
Price retests 1027 support, followed by a strong bullish reversal candle (e.g., Bullish Engulfing/Hammer) with rising volume.
Entry: After reversal candle closes (confirmation).
Stop Loss: Below the low of the reversal candle.
Targets:
First: 1130 (take partial profits).
Trail balance aggressively.
Risk Management
Position Size: Risk ≤ 1% capital per trade.
Avoid chasing: Enter only on confirmed triggers.
Invalidation: Exit if price closes below SL levels.
Disclaimer
This idea is educational only. Not financial advice. Trading carries high risk. Past performance doesn’t guarantee future results. Always test strategies in a demo account. Consult a financial advisor before trading.
Boost 👍 if helpful! Comment below for other stocks you want analyzed.
Keep it price-driven. Trade safe! 💡
Midnifty Intraday Analysis for 21st August 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13175 – 13200 range and if index crosses and sustains above this level then may reach 13325 – 13350 range.
Midnifty has immediate support near 12875 – 12850 range and if this support is broken then index may tank near 12725 – 12700 range.
LIC (Life Insurance Corp of India) – At a Critical Support ZonePrice has pulled back into a strong demand zone, which has acted as a base since the early structure. If this zone holds, we could be looking at the start of Wave 5 thrust, with potential to retest recent highs near 980 and beyond.
The RSI is holding higher lows , suggesting underlying strength despite the correction.
However, risk management is key:
If 874 support fails, then Wave 4 might not be complete yet, and price could slide further to retest the long-term trendline support (currently aligned near 760).
The bullish invalidation for this count sits below 760.
So, the playbook is simple:
Above 874 → bias for Wave 5 continuation.
Below 874 → extended Wave 4 correction toward trendline.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Always do your own research (DYOR) before making trading decisions.
Another RESISTANCE coming UP!!?As we can see NIFTY seems to have broken out of psychological level of 25000 but we can see it is heading towards important trendline resistance hence until and unless we see NIFTY sustaining itself above that trendline with weekly candle close, it can result in false breakout and fall sharply. SO, one shoudl keep these in mind and plan their trades accordingly
EDUCATIONAL | Wave C in progressBitcoin completed Waves A and B
Wave A formed a Triangle while Wave B was a Diametric
Wave B formed in less time than Wave A, which is not possible in Flats
And Wave A was a triangle which is possible in a Diametric/Symmetrical
So, Wave C which is currently in progress could itself be a corrective fall and part of a larger Diametric formation on a daily timeframe
Nifty Intraday Analysis for 20th August 2025NSE:NIFTY
Index has resistance near 25150 – 25200 range and if index crosses and sustains above this level then may reach near 25350 – 25400 range.
Nifty has immediate support near 24800 – 24750 range and if this support is broken then index may tank near 24600 – 24550 range.
Banknifty Intraday Analysis for 20th August 2025NSE:BANKNIFTY
Index has resistance near 56400 – 56500 range and if index crosses and sustains above this level then may reach near 56900– 57000 range.
Banknifty has immediate support near 55500 - 55400 range and if this support is broken then index may tank near 55000 - 54900 range.
Finnifty Intraday Analysis for 20th August 2025NSE:CNXFINANCE
Index has resistance near 26850 - 26900 range and if index crosses and sustains above this level then may reach near 27100 - 27150 range.
Finnifty has immediate support near 26400 – 26350 range and if this support is broken then index may tank near 26150 – 26100 range.






















