Greaves Cotton (Daily Timeframe) - Will it BreakOut or Not?Greaves Cotton since it's Double-Top formation has been in a downtrend. A key support level has become a resistance zone, which it's been trying to BreakOut few times. The stock has been forming Higher Lows for a while now. Few attempts to BreakOut has been futile. The recent BreakOut attempts been with huge volume spikes. Short-term EMAs are in positive cross-over state.
If it's able to BreakOut then the possible upside target is around 244. If not, we can expect the stock to go down to 198 levels.
Keep monitoring.
Trend Line Break
Zydus Wellness (Daily Timeframe) - Will it make new ATH?Zydus Wellness, ever since it made the All Time High, the stock was in a downtrend and then sideways for more than a year. Though it tried to breakout a key resistance level (as marked) multiple times, it could not breach the resistance zone. Today, it brokeout of the resistance zone with huge volume burst. The next few days of the stock moves in a positive direction, then it may reach 2335 levels which could be the first target.
Checking the weekly timeframe, we can see an inverted H&S pattern and without today's breakout, the stock has broken out of the H&S neckline. If we consider H&S pattern breakout, then the stock may reach new ATHs.
Trade Idea: Bullish Breakout for WAAREEENER (NSE)** IF you like my observation, please boost and follow for more content."
Trade Overview:
Instrument: WAAREEENER
Timeframe: 1-hour chart
Trade Type: Bullish Breakout
Entry Price: ₹3217.75
Stop Loss: ₹3075.10
Take Profit (TP): ₹3432.10
Target Duration: Possible hold time of 2 weeks.
1. Technical Analysis:
Breakout from Resistance:
The price action has shown a clear breakout from the resistance zone, depicted by the purple horizontal line at ₹3120. The breakout was supported by increasing volume, which is an important confirmation of strength in the upward movement. A breakout above this level suggests strong bullish momentum.
Strong Fundamentals:
This breakout is not just a technical move; there are solid short-term fundamentals backing this position. The order book is healthy, indicating strong buying interest at higher levels. Additionally, the current market sentiment seems to favor growth, which aligns well with the price action.
Trend Confirmation:
We’re witnessing a bullish trend confirmation. The current price movement is above the previous highs, which suggests further upward potential. The chart indicates the start of a trend that could continue for the next few weeks, aligning with the projected hold time of 2 weeks.
2. Risk-Reward Setup:
Risk:
The trade is managed with a reasonable stop loss of ₹3075.10. This is placed below the recent low, where the price seems to find support. A stop loss at this level helps protect from large losses in case the breakout fails.
Reward:
The potential reward is set at ₹3432.10, which is well above the breakout level. This level corresponds to a key resistance, and reaching it would offer a solid profit potential. The risk-to-reward ratio of this trade is favorable, providing a good opportunity for risk management.
3. Volume Confirmation:
Volume has been increasing as the price moves higher. This is a strong signal of institutional buying or significant market interest, which further strengthens the case for this breakout to hold and reach the take profit levels.
4. Conclusion:
This is a solid bullish setup based on the breakout above the resistance, accompanied by increasing volume, healthy market sentiment, and strong short-term fundamentals. The risk-reward ratio supports this trade idea, and the target of ₹3432.10 offers a clear upside.
Important Notes:
The trade might be subject to market fluctuations; therefore, ensure to monitor the price action closely.
If the price re-enters the resistance zone or shows signs of weakening, consider adjusting the stop loss or exit strategy accordingly.
AETHER Bullish Reversal Setup with Strong Risk-Reward PotentialAether Industries Ltd is showing signs of a potential trend reversal from a well-established support zone, supported by a descending triangle breakout pattern and improving technical indicators. This setup suggests a strong risk-reward opportunity for swing traders and positional investors.
⚡ Key Technical Points:
🔵 Descending Triangle Breakout Potential: The price is nearing a breakout from a long-term descending triangle. A breakout above the trendline (~₹778–₹790) could trigger a strong uptrend.
🟢 Strong Support Zone: ₹700–₹720 has held as solid support multiple times (as marked by green arrows), indicating strong demand at these levels.
🟩 Bullish Divergence on RSI: Relative Strength Index (RSI) is showing higher lows while price remains flat or lower, indicating bullish divergence—a sign of potential reversal.
🟢 Favorable Entries: 735, 720
🔴 Stop-Loss: Below 695 (Strong breakdown confirmation)
📈 Target 1 – 838.05 (Previous key swing high)
📈 Target 2 – 943.60 (Next resistance level from historical price structure)
✅ Why This Is a Technically Strong Setup:
✅ Multiple Support Bounces: 700–720 zone has been tested at least 4 times in the last year, showing strength.
✅ Volume-Based Reactions: While volume is low now, past spikes at support zones suggest institutional interest.
✅ Clear Risk Management: Stop-loss is tight (~6–7%) with targets offering 1.5–3x risk-reward potential.
✅ Potential Trend Reversal: Break above descending trendline and moving averages could signal a shift to bullish structure.
✅ Long Base Formation: The stock has been consolidating for over a year—long base formations often lead to explosive moves.
📢 Disclaimer: This is not financial advice. Always do your own research or consult with a professional before making investment decisions.
Gold Trading Scenario – Start of the WeekGold Trading Scenario – Start of the Week
Hello traders,
A new week begins with gold holding above the 34xx zone, establishing a fresh value area. The current structure has already broken through major resistance levels on the higher timeframe – including trendline and H4 barriers – confirming strong bullish momentum.
The uptrend played out exactly as expected, reaching the target around 3450 (specifically 3454). Now price is seeing a mild pullback. This will only be considered a trend reversal if price breaks below 3404. Otherwise, it is just a secondary correction as per Dow theory.
Wave 5 may be complete, but the ABC structure is still unclear. For that reason, the plan is to continue with long positions in line with the trend, which increases the probability of success.
Buy zone for today: 3408–3412, an area where sellers previously failed at resistance and which was broken through the trendline on Friday.
This is my outlook for Monday, viewed from a medium-term perspective. Take it as reference, and feel free to share your thoughts in the comments.
Elgi Rubber Company cmp 82.54 by Weekly Chart viewElgi Rubber Company cmp 82.54 by Weekly Chart view
- Support Zone 43.50 to 48.50 price Band
- Resistance Zone 85.50 to 92.50 price Band
- Price actively reversed from 4 years long past old Support Zone
- Heavy Volumes surged over the last week by demand based buying
- Falling Resistance Trendline Breakout sustained by bullish momentum
- Common Technical Indicators BB, EMA, MACD, RSI are trending positively
Bitcoin Confirms Downtrend – Short Setup ActivatedBitcoin Confirms Downtrend – Short Setup Activated
Hello traders,
BTC is showing clear bearish momentum as it has broken below a key support level and also dropped out of the rising channel. With price now trading steadily under this zone, the downtrend is confirmed.
The strategy from here is to wait for a pullback and then enter a short. The 111k level looks like a strong entry zone, as price could retest the broken channel and form a clean Dow structure for the next leg lower.
Short setup: Entry around 111k, with a target at 105k.
Buy opportunity (short-term): Around 105k, traders can also look for a quick Long to capture a reaction move as liquidity is taken and to offset any trapped sell positions.
The primary view in the medium term remains bearish.
This is my outlook on BTC for the sessions ahead. Take it as reference and adjust your trading plan to fit your own strategy.
High risk and reward buying opportunity in BTCBTC selling has gone slow and showing indication or reversal at both HTF H4 and LTF 15m. The may generate a good high risk and reward scenario.
Below are variables support it.
1. Almost a day long consolidation is going on. And BTC is moving in very small range at 4H support level.
2. 4H candles have made few rejection candles.
3. 15m trend line created a green box (fake out) scenario.
4. Price may hit 15m FVG or swing low just below FVG and more upside.
5. RSI has already developed divergence in 15m.
6. We may have another opportunity once price breaks next resistance and pulls back to breakout levels.
P.S. – This is just analysis not any recommendation for trade. Feel to comment and raise your query.
ETH HnSA Head N Shoulder is being made in ETH in 4hr tf. It is also break a rising trendline support.
Entry- 4395-4400
SL- 4550
Target- One can look to book after one is to one or can also target the recent low it made that is 4200.
Disclaimer- This is just for educational purpose. Please take advice before making any decision.
Jai Shree Ram.
A strong ~1:10 RnR XAUUSD/Gold trade idea.Gold has created a good price action which may lead to a very high RnR price movement.
Here are signals identified for the trade.
1. It is breaking trend inline after and earlier fake out. Which is a strong signal for upside move.
2. Taking reversal at golden zone of 4H last swing.
3. Rejection candle at 1H.
4. Bullish diversanse is already observed in RSI
5. Taking support from bullish trend line.
6. 5m W pattern is created and breakout done.
7. Price is taking pull back to broken resistance.
8. It may 1:10 trade if everything goes as plan.
9. Price rejection should be observed at the pullback level before taking further upside movement.
P.S.- This is jut an idea not trade recommendations.
Bitcoin – Where Could the Short-Term Trend Go?Bitcoin – Where Could the Short-Term Trend Go?
Hello traders,
BTC is currently consolidating strongly around the rising trendline on the D1 timeframe. Price has shown a strong rejection at this level. The overall market structure is still moving in line with the scenario I shared earlier, but I want to update a short-term plan to help optimise trading opportunities.
The upward channel remains key. During this sideways phase, BTC has created a small support–resistance zone, which now acts as a key level to determine the short-term trend and guide entries.
Resistance at 113.3k: A breakout above this level would confirm a Long signal.
Support at 108.8k: A breakdown here would activate a Short signal.
If support is broken, the medium-term outlook shifts towards the bearish scenario I mentioned earlier, with potential downside towards the 9x region. This is supported by the larger timeframe structure, which provides enough basis for that expectation.
This is my current short-term trading plan for BTC. Use it as reference, and share your perspective in the comments so we can learn together.
Gold Trading Scenario – Friday OutlookGold Trading Scenario – Friday Outlook
Hello traders,
Fridays are often challenging for forex traders. As the week closes, bankers wrap up their positions, creating unpredictable market moves. This is especially tricky for those who rely on timing-based strategies, so it’s important to watch the smaller fluctuations closely today.
Looking at the current gold structure, the uptrend remains intact. Buying pressure is strong enough to push towards the next projected levels. Technical indicators continue to support a bullish view, with MACD showing steady momentum as both volume and moving averages remain positive.
From an Elliott Wave perspective, gold is moving in **wave 5**, which is typically an extended wave. This allows us to maintain a bullish outlook unless price breaks below **3386** and confirms with at least one candle close on the M15 timeframe or higher. In that case, the scenario would be invalidated. Until then, buying around this level with a stop-loss just below the key support zone (about 1 dollar lower) remains the preferred approach.
Selling opportunities are not yet ideal, but for those looking at short setups, the **3450 zone** should be monitored as a major resistance. In the shorter term, **3430** can act as a reaction level for temporary sells.
Fridays also tend to bring more news-driven traps, so be extra cautious. It’s a day that can really test less experienced traders.
This is my view for today’s session – use it as reference, and trade with discipline.
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XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario
Hello traders,
Gold is moving into the final stage of its flag pattern. Medium-term traders are now waiting for a clear breakout confirmation, as that will set the direction for the next medium- to long-term opportunities. Once price confirms the break, the strategy is to enter immediately in the direction of the move.
Meanwhile, short-term and day traders continue to trade within the flag, looking for scalping opportunities.
From my perspective, the probability of gold breaking to the upside and continuing the main bullish trend is fairly high after such a long consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed immediately if the pattern breaks down. The key area to watch is Fibonacci retracement 0.5 at 3354, which acts as both dynamic and static support, as well as a strong Fibonacci level. This zone offers a reliable long-term buy opportunity.
Another potential early buy entry sits around 3372, where the previous candle showed strong bullish momentum. Positions here can be taken with tighter stops placed just below the nearest support.
This bullish scenario would only fail if price breaks below the lower trendline and closes firmly underneath it, which would confirm a reversal.
Wishing you success with this setup. If you share the same outlook, leave your thoughts in the comments so we can exchange ideas.
Bearish Setup on BCH/USDOverview:
The market conditions and price action are currently indicating a bearish trend for BCH/USD. Below is the detailed breakdown of the trade setup and why this position is logical:
Market Structure:
The price is in a downward trend, confirmed by the lower highs and lower lows visible on the chart.
A break below key support levels, along with the current price action, suggests that the bearish move is likely to continue.
Entry Level:
Entry = 580.53: The entry has been strategically placed below a key resistance level, which is also near the recent high. This confirms that a breakdown is happening, setting the stage for further downward movement.
We are entering at a point where the price has shown weakness and failed to continue its upward movement, which typically signals a potential continuation to the downside.
Stop Loss (SL):
Stop Loss = 601.45: The stop loss has been placed above a previous swing high, ensuring that the trade will only be invalidated if the price reverses above this level, thus protecting us from a false breakout.
The chosen level ensures the risk is kept under control while still allowing for reasonable price fluctuations within the trend.
Take Profit (TP):
Target = 535.76: The target is set based on recent price action, aligning with previous support levels. This level is where the price is expected to find potential support before making any reversal.
The risk-to-reward ratio here is favorable, with a potential reward much higher than the initial risk, making the setup an attractive swing trade opportunity.
Trend Confirmation:
The price is below the 50-period and 200-period EMAs, indicating that the overall trend is bearish.
The trendline at the bottom, which slopes upward, serves as an additional support that the price is expected to break below before confirming the bearish move.
Volume:
Volume analysis indicates increasing selling pressure, supporting the bearish narrative.
A breakout with higher volume confirms the strength of the downtrend, reducing the chances of a fakeout.
Conclusion:
The overall market structure, confirmed by the price action, trend, and volume analysis, suggests that the market is likely to move lower.
With a favorable risk-to-reward ratio, this setup is logical and worth considering for those looking to enter a short position on BCH/USD.
Gold Scenario – Tracking the Medium-Term UptrendGold Scenario – Tracking the Medium-Term Uptrend
Hello traders,
Gold continues to follow the expected scenario. Price reacted at the Fibonacci 1.618 resistance, effectively completing the liquidity test. At present, the 3368 zone is a good area to look for buying opportunities.
The previous Elliott cycle has already completed its ABC waves, and gold now appears to be forming a new Elliott structure. Currently, price is likely in wave 3 of the uptrend, reacting at the H4 descending trendline with a mild pullback, before completing wave 5 with a breakout move from the channel and confirming the flag pattern on H4.
Strategy: Buy around 3368 with a strict stop-loss just below the previous swing low.
Target: 3410 is a reasonable profit level. After that, expect wave 4 to form and look for short opportunities from there.
The MACD remains supportive, trading above its average levels and confirming bullish momentum. At this stage, it’s all about timing entries correctly.
This is my personal outlook on gold in the short to medium term. Use it as reference and don’t forget to share your views in the comments so we can learn from each other.
Bitcoin Trend Reversal – Elliott Wave in PlayBitcoin Trend Reversal – Elliott Wave in Play
Hello traders,
Today we look at a fresh scenario for BTC as price has broken decisively below a major support zone, showing clear short-side strength. This could mark the beginning of a medium-term downtrend, signalling a shift in market structure.
The 112k level has been fully taken out after two strong rejections earlier, and now the market looks ready to seek lower levels, potentially targeting 97k–98k based on Fibonacci Extension.
From an Elliott Wave perspective, BTC is currently in wave 3 of the down cycle, and has not yet reached the reaction point for wave 4. I expect the 105k zone to act as support for this leg down. From there, price could bounce into wave 4 before completing wave 5 lower towards 97k, or even 95k. This would provide a solid area to plan medium-term long entries afterwards.
The MACD also supports the bearish view, with both volume and moving averages trending below, signalling strong downside momentum.
I’ve marked the key price levels on the chart for clarity. Please use this scenario as reference and manage risk carefully with your trades.
What’s your outlook for BTC here? Share your thoughts in the comments so we can discuss together.
Mphasis cmp 2917.70 by Daily Chart viewMphasis cmp 2917.70 by Daily Chart view
- Support Zone 2785 to 2845 Price Band
- Resistance Zone 2980 to 3045 Price Band
- Falling Resistance Trendline Breakout attempted
- Rising Support Trendline well respected by up-trending price
- Bullish Cup & Handle pattern done near the Resistance Zone neckline
Bitcoin – Trading Plan Update Bitcoin – Trading Plan Update
Hello traders,
The BTC scenario has played out well, with price reacting strongly at 110.4k and bouncing higher. This level has cleared much of the short-side liquidity, while the H4 candle could not close below the 111.8k support. As a result, long entries around 110k can still be expected to target higher levels, at least towards 115.5k.
The primary focus remains on the long side as long as price does not confirm a sustained bearish move. Long positions will remain valid until price breaks decisively below 110k.
For traders who already closed longs or missed the earlier entry, wait for a retest of the FVG zone near 111.5k. If price reacts higher, fresh longs around 113k can be considered.
Short-term selling opportunities may also appear near 115.5k and 117.2k, where price could face resistance.
My BTC strategies are still aligning well with current price action. That said, this is my personal outlook based on my trading method. Please trade responsibly, stick to your own plan, and manage risk carefully.
What’s your view on BTC right now? Share your thoughts in the comments below.
Gold – Weekly Opening Update Gold – Weekly Opening Update
Hello traders,
Gold is holding firm after last week’s strong rally. As mentioned in my earlier analysis, gold has completed an ABC Elliott Wave structure beautifully, with wave C pushing higher and meeting the original target perfectly.
As the new week begins, the market has opened quietly, with price consolidating around 3368. At this stage, gold is in an accumulation phase, and traders are waiting for a clear confirmation before taking fresh positions.
Gold has formed a minor resistance at 3359. If price breaks below this level, it could act as a short-term sell confirmation, with possible entries around 3366.
On the other hand, if gold holds steady or breaks above last week’s resistance high, the bias will shift to long-term buying opportunities.
Even if a sell plays out after breaking 3359, the next strong buy zone sits around 3345, aligned with the ascending trendline.
Since price is still within the flag pattern, trading is expected to remain focused on the market’s major liquidity zones. On the D1 chart, the structure continues to favour the upside bias. Any selling setups should be kept to short scalping plays for better risk control and higher accuracy.
This is my personal outlook for Monday’s session. Trade carefully and manage your account with discipline.
What’s your view on gold to start the week? Share your thoughts in the comments so we can learn together
TCS – Bullish SetupSummary:
This trade setup is based on a bullish momentum seen in the recent price action of TCS. We are entering the position with the expectation that the price will continue to rise, following a significant upward breakout. The entry, stop loss (SL), and target price (TP) levels are set, and the risk-to-reward ratio (RRR) is favorable.
Key Points of the Trade:
Entry Point:
The entry for this position is at 3140.80, which is above the recent support level, indicating the continuation of the upward trend. The entry is triggered as the price has recently started to break through a key resistance zone, suggesting that the bullish momentum is likely to continue.
Stop Loss (SL):
The stop loss is set at 3043.50, just below the recent support zone. This ensures that we have a protective exit if the market reverses. Placing the stop loss here helps mitigate risk in case the trade goes against us.
Target Price (TP):
The target for this trade is 3286.95, a price level that corresponds to a recent resistance point. This target has been chosen based on the potential upside movement following the breakout, providing a good area for price to reach based on historical price action.
Risk-Reward Ratio (RRR):
With the entry at 3140.80, the stop loss at 3043.50, and the target at 3286.95, the RRR stands at 1:1.5. This is a healthy ratio, ensuring that the potential reward outweighs the risk, which is crucial for effective swing trading.
Market Context:
The price has recently bounced off a support level, and we are observing strong bullish momentum as the price moves above the resistance area. This suggests the market may continue its upward movement, making the trade setup valid.
Confirmation:
The recent price action and the movement above key levels provide confirmation of the trade. Additionally, the overall market sentiment for TCS is positive, which further validates the bullish trade idea.
Conclusion:
This trade setup is a bullish scenario for TCS, with a clear entry, stop loss, and target price. The risk-to-reward ratio is favorable, making this a logical and worthwhile trade to consider for swing trading on the 1-hour timeframe. Keep an eye on any changes in momentum or price action that may suggest a reversal, but as of now, the trend looks strong.
Bitcoin – Medium-Term OutlookBitcoin – Medium-Term Outlook
Hello traders,
BTC recently made a strong breakout move, reacting precisely at the 117k level as expected. Currently, price is in a corrective phase, clearing the liquidity from last Friday’s bullish candle. The sharp rejection at 117k suggests we need to reassess the medium-term outlook.
The primary scenario remains bullish. The 113.4k zone is a key area to look for long entries, as buyers dominated this level earlier and liquidity from short traders still sits here. From a psychological perspective, we could see shorts exiting the market, fuelling a rally towards 115.7k. A confirmed break above 117k would strengthen the long-term bullish trend, opening the door for further long opportunities.
On the flip side, a reaction lower from 115.7k could present a short entry for the medium term. If support at 111.7k breaks, BTC may extend down to 110k, where strong historical rejections suggest a solid zone for fresh long positions in both medium and long-term outlooks.
This outlook is based on key support/resistance levels and major liquidity zones. Always trade with discipline and manage risk carefully to protect your account.
What’s your view on BTC here? Share your thoughts in the comments so we can trade smarter together.
Fedbank Financial cmp 142.03 by Daily Chart view since listedFedbank Financial cmp 142.03 by Daily Chart view since listed
- Support Zone 126.50 to 133.50 Price Band
- Resistance Zone 142.50 to 148.50 Price Band then ATH 153.60
- Volumes seen to be in good close sync with the average traded quantity
- Rising Support Trendline Channel well respected by up-trending price momentum
- Falling Resistance Trendline Breakout seemingly might be retested prior to fresh uptrend
- Price testing retesting Support Zone over the last week for probable breakout beyond ATH 153.60
- Dual Bullish Technical patterns formed of Head & Shoulders and close to 18 month long Rounding Bottom