LTIM: The Final Squeeze – Breakout or Breakdown?LTIMINDTREE: The Big Squeeze! ⚡ Which Way? 🐂🐻
Timeframe: Daily
Trade Type: Swing/Positional
Pure Price Action Setup: LTIMINDTREE is compressing into a textbook Symmetrical Triangle on the daily chart. This is a classic consolidation pattern where the market is building energy for a significant breakout. Volatility is collapsing into a tight apex!
Key Decision Levels:
Bullish Trigger: A decisive daily close above 5350 (the recent upper trendline resistance).
Bearish Trigger: A decisive daily close below 5067 (the rising lower trendline support).
The Trade Plan:
👉 BULLISH BREAKOUT Scenario 🐂
Entry: On a close above 5350.
Confirmation: A significant increase in volume on the breakout candle should confirm buyer commitment.
Target 1: 5554 (Previous major high)
Final Target: 6042 (All-Time High & Pattern Confluence)
SL: Below the breakout candle or the lower trendline.
👉 BEARISH BREAKDOWN Scenario 🐻
Entry: On a close below 5067.
Confirmation: A noticeable spike in volume on the breakdown would validate seller dominance.
Target 1: 4939 (Initial support zone)
Final Target: 3767 (Major Swing Low & Pattern Confluence)
SL: Above the breakdown candle or the upper trendline.
Pattern Depth & Significance:
The triangle's maximum depth is measured from its origin: the high of 6042 (Feb 5) to the low of 3767 (Apr 7).
This is a 2,275-point range.
In percentage terms, that's a ~60.3% move from high to low.
Why this matters: The energy stored in a pattern of this scale suggests the resulting breakout could be powerful and sustained. Always trail your stop loss after Target 1 is hit! 🔒
Risk Management is NON-NEGOTIABLE!
This is a high-risk, high-reward setup. Your stop loss is your best friend.
📜 Disclaimer: This is an educational example of technical analysis and NOT financial advice. Trading carries a high level of risk. You should consider whether you can afford to take the risk of loss. Perform your own research before making any trade decisions.
Like & Boost if this clear analysis helps you! ✅
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Triangle
Havells breakout from symmetrical triangle patternHavells had Breakout from symmetrical triangle at the ₹1,570 descending resistance. RSI near 60, MACD recovering and moving up. Watch for volume-backed breakout.
Breakout above can fuel a move to ₹1,690–₹1,750.
Stop near ₹1,485.
🔌 Electrical sector needs confirmation for momentum entry."
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.
GOOG📊 NASDAQ:GOOG Weekly Chart | CMP: $180
🔺 Triangle breakout still pending
🕵️♂️ Watching closely near key levels
📈 Range:
▪️High: $206.56 (Feb 2025)
▪️Low: $140.36 (Apr 2025)
📉 Stop Loss: $150
🎯 Target: $300 in 12–18 months
Breakout confirmation could open strong upside potential.
#GOOG #Alphabet #Stocks #TechnicalAnalysis #Investing
Granules India: Critical Descending TriangleGranules India Limited presents a descending triangle pattern on the weekly chart. The price has moved from the established support zone near ₹440-450 and is currently challenging the resistance trendline around ₹492.25. This movement appears with a marked increase in trading volume, highlighting the level where buyers and sellers are most active.
Pattern Character
A descending triangle pattern is identified by a series of lower highs against a stable support base. Granules India’s recent action displays persistence at support and upward momentum toward resistance. The volume expansion indicates notable participation during the current move.
Chart Observation
Price action above the triangle’s resistance can indicate a change in the prevailing sentiment if confirmed by continued volume. The current structure and market activity are being closely watched by participants for further development. No forecast or recommendation is made within this post.
WTI Crude Oil Descending Triangle Pattern
WTI is forming a Descending Triangle pattern near recent support.
📊 Technicals : Flat base with lower highs compressing price action.
🔎 Key Levels: Breakdown below support 65 Leads To bearish continuation;
bounce above resistance 71 Leads To reversal setup.
⚠ Risk View: Energy fundamentals remain mixed — confirmation with volume is essential.
👉 Tactical takeaway: Wait for a breakout from the triangle before committing directionally.
GOLD(XAUUSD) Forming a pennant / ascending triangle 📌 Gold (XAUUSD)
Forming a pennant / ascending triangle with strong resistance near $3,390 – 3,400.
Volume is declining, suggesting indecision.
RSI holding above 50 but not powering higher → momentum is slowing.
MACD flatlining, no fresh bullish impulse yet.
👉 Breakout above $3,400 needed for continuation. Breakdown below $3,340 risks correction.
DLFThe price fall for the first 30 minutes and then it was consolidating in a narrow range, forming a descending triangle. As long as the price is below 760, it is bearish.
Resistance: 760
Pattern: bearish
Pattern name: Descending triangle.
Sell below 750 with the stop loss of 756 for the targets 744, 736, 730, and 724.
Always do your analysis before taking any trade.
PHOENIXLTD: Symmetrical Triangle at Weekly Support ₹1400Chart Pattern: On the weekly chart, Phoenix Ltd. is forming a triangle consolidation pattern after a strong prior uptrend.
The descending trendline (red) is acting as resistance.
A strong horizontal support zone near ₹1400 (green) has been tested multiple times, showing buyers’ interest at this level.
Price action is currently squeezing inside the triangle , indicating that a big breakout move may be near.
Technical View
Support Zone : ₹1400 (strong base, tested multiple times).
Resistance Trendline : Descending resistance capping the upside.
Volume : Watch for a surge in volume to confirm breakout direction.
Breakout Levels :
Bullish breakout above the descending trendline could open up targets towards ₹1600–₹1700.
Be
arish breakdown below ₹1400 may lead to downside towards ₹1280–₹1250.
What do you think? Will Phoenix Ltd. break upwards or downwards? Drop your views below!
Disclaimer : This analysis is for educational purposes only, not financial advice. Please do your own research before investing.
Kaynes Technology is at a crucial breakout zone:
Setup: Price consolidating within a symmetrical triangle, now testing the upper trendline.
Indicators:
RSI ~58, just entering bullish zone, but not overbought.
MACD turning positive → momentum aligning with trend.
EMAs: 20 & 50 EMA aligned upward; price holding above 6,000.
Levels:
Targets: ₹6846 , ₹7,203, ₹7711
Stoploss: ₹6190
👉 Outlook: Break and sustain above ₹6,500 can trigger fresh momentum towards ₹7,000+. Support at ₹6190 is critical.
Poonawalla Fincorp showing a symmetrical triangle breakout:
Setup: Clear breakout above trendline resistance on daily chart.
Indicators:
RSI at 62 → momentum strong, near overbought but not overheated.
MACD bullish crossover with positive histogram.
EMAs: 20 & 50 EMA slope positive; price sustaining above both.
Levels:
Stoploss: ₹445
Targets: ₹509 immediate, then ₹535
👉 Outlook: Strong bullish bias. Sustaining above ₹473 opens path towards ₹500–506 zone. Support at ₹445.
Nested Bullish Patterns Signal Major Breakout!Script: NSE:SUPREMEIND | Timeframe: Daily | Analysis Type: Technical (Pure Price Action) | Patterns: Symmetrical Triangle + Cup & Handle
Idea Summary 💡
A powerful, nested pattern setup is concluding on the daily chart! A large Symmetrical Triangle contains a secondary Cup and Handle (Bullish) pattern. This rare confluence signals strong accumulation and suggests an imminent, powerful upside breakout is likely!
Chart Pattern Logic 🔍
Primary Pattern (Symmetrical Triangle): Characterized by descending resistance (highs: Dec-18-2024, Jun-17-2025) and ascending support (lows: Apr-9-2025, May-9-2025, Jul-24-2025).
Secondary Pattern (Cup & Handle): Formed entirely within the triangle, adding a potent layer of bullish confirmation.
Confluence: This pattern-within-a-pattern setup significantly amplifies the potential for a strong upward resolution.
Trade Thesis 📈
Price is coiling at the triangle's apex under immense pressure. A decisive break above the upper trendline could ignite the next major bullish impulse phase.
Trade Setup ⚡
Direction: LONG 🟢
Entry Trigger: WAIT for a strong Marubozu green candle 🕯️ to close above the triangle's trendline on high volume (min. 1.5x average).
Stop Loss: Below the low of the breakout candle. 🛑
Profit Targets: 4700 🎯 | 4800 🎯 | 5125 🎯
Long-Term Target: 6000+ (Extended Target Based on Pattern Confluence & Momentum) 🚀
Risk Management: Trail stops aggressively after Target 1.
Got another stock you want me to break down? 📊
Drop the ticker in the comments below! If you found this idea useful, like and follow for more pure price action analysis.
Disclaimer: This post/information is solely for educational purposes and should not be construed as a recommendation or financial advice. Trading carries a risk of loss. Please conduct your own research or consult a financial advisor before making any investment decisions. The author and TradingView are not liable for any financial losses incurred based on this content.
Sensex - Expiry day analysis Aug 19Today price opened gap up and faced resistance at the 81800 zone and fell down. The 81800 zone is a strong resistance, and the 80700 zone is strong support. Price can move within this range if it does not gain strength.
Price has formed a descending triangle pattern and also looks bearish.
Buy above 81500 with the stop loss of 81380 for the targets 81600, 81720, 81880, 81980, 82100, and 82240.
Sell below 81180 with the stop loss of 81320 for the targets 81060, 80920, 80840, 80700 and 80580.
Always do your analysis before taking any trade.
Ascending Triangle Breakout on #SBILIFE#SBILIFE is showing clear signs of a strong breakout from current levels.
The ascending trendline has supported the price since 09MAY25. The price continued to hold near the levels of 1855, with every red candle bought in.
Yesterday, i.e. 04AUG15 was a good day to initiate accumulation. In our view, price is expected to move sharply once the daily/weekly candle closes above 1860 with supporting volumes.
Nifty 50 Intraday Expiry for 14/08/25 ⚡ Trade Setups with Precise Stop Loss Rules
A) BULLISH BREAKOUT (PREFERRED):
✅ Trigger: Hourly candle CLOSE > 24,700 (breakout confirmation).
🎯 Targets:
T1: 24,800
T2: 24,950 (triangle high)
❌ STOP LOSS: Below the LOW of breakout candle (e.g., if breakout candle low = 24,685, SL = 24,684).
B) BEARISH BREAKDOWN:
✅ Trigger: Hourly candle CLOSE < 24,465 (breakdown confirmation).
🎯 Targets:
T1: 24,350
❌ STOP LOSS: Above the HIGH of breakdown candle
🚫 STRICT NO-TRADE ZONES (NTZ):
Upper NTZ: 24,535 – 24,700
→ Avoid longs/shorts. Wait for confirmed breakout/breakdown.
Lower NTZ: 24,535 – 24,465
→ Avoid premature shorts. Only trade on confirmed close < 24,465.
Price Bias: Bullish Edge: Repeated tests of 24,700 suggest weakening resistance. Breakout likely if volumes surge.
Bearish Caution: Failure below 24,535 may accelerate selling toward 24,350.
📅 Critical Notes:
Expiry + Holiday Risk:
15th Aug (Fri): Weekly Expiry + Independence Day Holiday (Market Closed).
16th–17th Aug (Sat–Sun): Weekend closure.
🛑 NO BTST: Square off all positions by day’s close (14th Aug). Holding overnight into expiry + 3-day break = unacceptable risk!
Disclaimer:
This idea is for educational purposes only. The market outlook involves substantial risk, especially during expiry and holidays. Do NOT hold positions overnight. Trade with strict stop losses, and adjust position sizes to volatility. Consult a financial advisor if needed. Jai Hind! 🇮🇳"
Happy Independence Day! Celebrate freedom, trade disciplined.
Key Tip: Trail SL to breakeven at T1 to protect profits.
BSE Ltd cmp 2482 by Daily Chart viewBSE Ltd cmp 2482 by Daily Chart view
- Support Zone 2270 to 2345 Price Band
- Resistance Zone 2525 to 2585 Price Band
- Descending Triangle pattern Breakout seems sustained
- Stock seems trading within price range indicating Darvas Box setup
- Volumes seen gradually syncing closely with the average traded quantity
- Most known Technical Indicators BB, EMA, MACD, RSI, SAR seem trending positively
Muthoot Fin. bounce from Polarity LevelsNSE:MUTHOOTFIN made a good bounce from Polarity Levels with a huge candle again with high Volumes and closing above 50 DEMA, taking Support of 200 DEMA.
On the back news of the finance ministry seeking relaxation in the new rules on gold loans proposed by the central bank, they proposed that small ticket borrowers below 200,000 rupees should be excluded from the tighter rules to ensure speedy disbursements.
Price Action & Volume Analysis:
The stock has been consolidating in a well-defined range between ₹2,060-2,070 (support zone) and ₹2,400-2,435 (resistance zone) since April 2025. Today's strong move with above-average volume of 1.16M shares (compared to the 20-day average) suggests institutional participation and potential breakout momentum.
The price action shows a classic "coiling" pattern within the broader range, with decreasing volatility over the past few weeks, often a precursor to significant directional moves.
Key Technical Levels:
Support Zones:
- Immediate Support: ₹2,169-2,180 (50 EMA confluence)
- Strong Support: ₹2,060-2,070 (tested multiple times since April)
- Critical Support: ₹1,950-1,980 (October 2024 breakout level)
Resistance Zones:
- Immediate Resistance: ₹2,300-2,320
- Major Resistance: ₹2,400-2,435 (multiple rejections)
- Extension Target: ₹2,500-2,550
Base Formation & Pattern Recognition:
The stock has formed a robust Ascending Triangle pattern since the October 2024 lows. The horizontal resistance at ₹2,400-2,435, combined with rising support levels, creates a bullish continuation pattern. The triangle's apex is approaching, suggesting an imminent breakout.
Additionally, there's a clear Flag and Pole formation visible from the March-April rally, with the current consolidation representing the flag portion.
Moving Average Analysis:
- 50 EMA (Orange): Currently at ₹2,169, acting as dynamic support
- 200 EMA (Red): Located around ₹2,000, providing long-term trend support
- The stock is trading above both key EMAs, confirming the bullish trend structure
Trade Setup & Strategy:
Bullish Breakout Play:
Entry Strategy:
- Primary Entry: ₹2,320-2,330 (on volume breakout above resistance)
- Alternative Entry: ₹2,280-2,290 (pullback entry if direct breakout fails)
Target Levels:
- Target 1: ₹2,500 (measured move from triangle base)
- Target 2: ₹2,650 (extension target)
- Target 3: ₹2,800 (psychological resistance)
Risk Management:
- Stop Loss: ₹2,150 (below 50 EMA and swing low)
- Risk-Reward Ratio: 1:2.5 to 1:3.5
Position Sizing:
Risk should only be 1-2% of portfolio capital, given the stop loss distance.
Volume Confirmation:
Today's volume spike to 1.16M shares is encouraging, representing nearly 25% above the average. This volume expansion, coinciding with price advancement, suggests institutional accumulation. Watch for sustained volume above 1M shares for breakout confirmation.
Sectoral & Fundamental Backdrop:
NBFC Sector Dynamics:
The Non-Banking Financial Company (NBFC) sector has been gaining traction due to:
- Improving the credit growth environment
- RBI's supportive regulatory stance
- Rising rural credit demand
- Digital transformation initiatives
Muthoot Finance Fundamentals:
- Dominant player in gold financing with 5,000+ branches
- Strong asset quality with minimal NPAs
- Consistent dividend payout history
- Beneficiary of rising gold prices and rural credit demand
- Digital initiatives expanding customer base
Macro Tailwinds:
- Monsoon predictions favouring the rural economy
- Wedding season demand for gold loans
- Formalization of the gold loan market
- Potential interest rate stabilization
Risk Factors:
Technical Risks:
- Failure to sustain above ₹2,300 could lead to range continuation
- Broader market correction could impact individual stock performance
- Sector rotation away from financials
Fundamental Risks:
- Gold price volatility affecting loan demand
- Regulatory changes in the NBFC space
- Competition from banks in the gold loan segment
My Take:
NSE:MUTHOOTFIN presents an attractive risk-reward setup with its ascending triangle breakout potential. The combination of strong fundamentals, sector tailwinds, and technical setup creates a compelling investment thesis. However, strict adherence to stop losses and position sizing remains crucial given the inherent market volatility.
The stock appears poised for a significant move, with the technical pattern suggesting a higher probability of an upside breakout. Traders should wait for volume confirmation above ₹2,320 levels before initiating positions.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
XAUUSD - Flag PatternWhats your take on Guys.
#Institutions Consolidation going on - #Accumulation or #Distribution.
Kind of #Triangle #pattern in formation, ##Flagpattern. DO your analysis, Enter trade on Breakout and confirmation side. Trade with #confluence. i would say accumulate at bottom of pattern with SL and Participate in full swing before #Breakout.
SARDAEN: Triangle Breakout, Chart of the WeekWhy NSE:SARDAEN Triangle Breakout Could Signal the Next Big Move in it, let's analyze in "Chart of the Week" Post Strong Q1 FY26 Results
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes, it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Price Action Analysis:
• Stock has exhibited a strong uptrend from 2022 lows around ₹120-140 to current levels of ₹534.95
• Major rally phase from mid-2023 onwards, gaining over 300% in approximately 18 months
• Current consolidation phase since late 2024, around ₹400-600 range, indicates institutional accumulation
• Recent price action shows formation of higher lows with resistance being tested multiple times
Volume Spread Analysis:
• Volume spikes during major breakout moves confirm institutional participation
• Recent consolidation accompanied by relatively lower volumes, typical of the accumulation phase
• Volume breakout above 7.11M suggests renewed interest at current levels
• Volume pattern supports the bullish bias with buying interest on dips
Key Technical Levels:
Base Formation:
• Primary base established between ₹400-₹430 levels during 2024 consolidation
• Secondary base forming at ₹480-₹500 range as recent support
• Base width of approximately 8-10 months indicates a strong foundation for the next leg up
Support Levels:
• Immediate Support: ₹480-₹500 (recent swing lows and 50-day moving average area)
• Strong Support: ₹420-₹440 (previous resistance turned support)
• Major Support: ₹380-₹400 (long-term trend line support and 200-day moving average)
Resistance Levels:
• Immediate Resistance: ₹560-₹580 (recent highs and psychological level)
• Major Resistance: ₹600-₹620 (all-time high zone and round number resistance)
• Extended Resistance: ₹680-₹720 (measured move projection from triangle pattern)
Technical Pattern Recognition
Symmetrical Triangle Pattern:
• Clear triangle formation visible from the chart with converging trend lines
• Triangle spans approximately 8-10 months, indicating a significant pattern
• Breakout direction typically follows the prevailing trend (bullish in this case)
Trend Line Analysis:
• Primary uptrend line intact from 2022 lows, providing dynamic support
• Resistance trend line from 2024 highs is being challenged multiple times
• Converging trend lines creating the triangle pattern setup
Fundamental and Sectoral Backdrop:
Company Fundamentals:
• Market Cap: ₹18,852 crore (up 88.40% in 1 year)
• Revenue: ₹5,350 crore with profit of ₹941 crore (TTM)
• Business Model: Manufacture of sponge iron, ferro alloys, billet, wire-rod, and iron ore pellet through Steel, Ferro, and Power segments
• Promoter Holding: 73.16% indicating strong management confidence
• Dividend Policy: Low payout at 7.69% of profits over the last 3 years, suggesting reinvestment focus
Sectoral Outlook:
• Steel Industry: India is the world's largest steel producer with strong domestic demand
• Ferro Alloys Market: Global market projected to grow from $156.37 billion in 2024 to $204.2 billion by 2032 at 5.60% CAGR
• Indian Ferrosilicon: Market valued at $347.7 million in 2022, estimated to grow at 5.0% CAGR through 2030
• Infrastructure Push: Union Budget 2025-26 increased capital investment outlay for infrastructure by 11.1% to ₹11.2 lakh crore
Growth Lever:
• Integrated business model across the steel value chain provides operational synergies
• Strong promoter holding indicates alignment with minority shareholders
• Beneficiary of India's infrastructure development and steel demand growth
• Consolidation phase completion, suggesting readiness for the next growth phase
Key Risk Factors:
• Commodity price volatility affecting margins
• Working capital days increased from 78.1 days to 119 days, indicating efficiency concerns
• Current valuation appears overvalued by 52% compared to intrinsic value
• Global steel demand fluctuations and trade policy changes
Market Catalysts:
• Government infrastructure spending and PLI schemes
• 2025 outlook suggests potential upturn in steel producer activity with lower input costs and shifting trade policies
• Iron ore production increased by 5.5% to 135 MMT in FY 2024-25, supporting raw material availability
• Ferro Alloys industry poised to reach $188.7 billion by 2025, driven by a robust economy
Full Coverage on my Newsletter this Week
Keep in the Watchlist and DOYR.
NO RECO. For Buy/Sell.
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👍BOOST if you found it useful.
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As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes, it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BLUE STAR LTD - Technical Analysis | Triangle Pattern ________________________________________
📊 BLUE STAR LTD – Beginner-Friendly Technical & Fundamental Snapshot
Ticker: NSE:BLUESTARCO | Sector: Consumer Durables
CMP: ₹1,827.50 ▲ (+3.23%) (as of August 7, 2025)
Chart Pattern: Symmetrical Triangle
Technical View: ⭐⭐⭐⭐ Neutral-to-Positive (Educational Purpose Only)
________________________________________
🔍 What’s Happening on the Chart?
BLUE STAR has formed a Symmetrical Triangle – a pattern where price moves within narrowing highs and lows 📉📈
This indicates consolidation and usually results in a strong breakout or breakdown.
📦 Triangle Range: ~₹1,616 to ₹1,922
👉 Current price is testing the upper edge — a breakout could be brewing!
________________________________________
🕯️ Candle & Indicator Analysis (Simplified)
Here’s what the chart and indicators show:
EMA 200 Crossover:
✅ Bullish signal – price is trading above its 200 EMA
RSI (~60):
🔼 Showing strength – not yet overbought
Stochastic (~92):
🚀 Near overbought – buyers in control
MACD:
⚠️ Still bearish – momentum confirmation is pending
VWAP:
✅ Aligned with bullish bias — suggests institutional support
📊 Volume Breakout:
🔺 Volume surged to 1.57 million, almost 3x the average of ~525.73k — a strong sign that big players may be stepping in as price nears breakout levels.
🧠 Trading Insight:
The chart looks bullish but still needs confirmation. Watch for a proper breakout above the triangle with volume.
________________________________________
📰 Recent News & Sentiment Update
Q1 FY26 Results (as of June 30, 2025):
📈 Total Income: ₹2,998.32 Cr (↑ 3.8% YoY)
💰 Net Profit: ₹122.23 Cr
(Source: Company Filings & Analyst Coverage)
Sentiment:
✅ Positive: Modest earnings growth, analyst support
⚠️ Caution: Target cut by some analysts — signals mixed expectations
________________________________________
🧭 Support & Resistance Levels
📌 Resistance Zones (Upside watch):
R1: ₹1,866
R2: ₹1,904
R3: ₹2,112 (measured move target)
📌 Support Zones (Downside watch):
S1: ₹1,750
S2: ₹1,680
S3: ₹1,616 (triangle base)
________________________________________
🔍 How to Trade a Symmetrical Triangle
A symmetrical triangle is a neutral pattern.
The breakout confirms direction:
– Above = potential upside 🟢
– Below = potential downside 🔴
📈 If Bullish Breakout Happens (above ₹1,860):
✅ Wait for a candle close above ₹1,860 with volume
🎯 Possible Price Zones: ₹2,000 → ₹2,165
🛑 Stop Loss: ₹1,750 (below triangle support)
📉 If Bearish Breakdown Happens (below ₹1,680):
✅ Wait for close below ₹1,680
🎯 Possible Price Zones: ₹1,500 → ₹1,375
🛑 Stop Loss: ₹1,750 (above triangle resistance)
________________________________________
🧠 STWP’s Educational Trade Idea (Not a Recommendation)
🎯 Long watch above: ₹1,839
🛑 Stop Loss: ₹1,719.50
📈 Risk-Reward Idea: Minimum 1:1; ideally aim for 1:2+
________________________________________
🔰 Trading Notes
✅ Always use stop losses
⏳ Be patient — wait for confirmation, not assumption
🚫 Don’t chase green candles or panic in red ones
📚 Trade based on structure, not emotions
💼 Risk only 1–2% of your capital per trade
🎯 Target minimum 1:1.5 Risk-to-Reward ratio
________________________________________
⚠️ Disclaimer (Read Carefully)
This post is for educational and informational purposes only.
The author is not a SEBI-registered investment advisor. No buy or sell recommendations are being made.
All views are based on chart patterns, publicly available data, and personal learning experience.
Trading involves risk. Losses can exceed your investment. Always consult a SEBI-registered advisor before making financial decisions.
By engaging with this content, you agree to these terms.
________________________________________
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Drop your thoughts, questions, or setups in the comments below ⬇️ — let’s grow together!
🔁 Share this post with fellow traders and beginners to spread clean, structure-based learning.
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🚀 Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant 📊
________________________________________
NVDAPrice is consolidating in the form of a symmetrical triangle. 180 is an important zone. Sustaining above this is important to be bullish.
Buy above 180.5 with the stop loss of 179 for the targets 182, 183.5, 185, and 187.5
A symmetrical triangle can give a breakout in any direction. Price will become bearish below 177.
Always do your analysis before taking any trade.
JSWENERGY | Symmetrical Triangle Breakout in Progress?Description:
JSW Energy is forming a symmetrical triangle on the daily chart after a downtrend — resembling a potential bearish pennant, but price structure, sloping EMAs, rising momentum, and positive EFI hint at bullish strength.
📌 Breakout Level: ₹534
📉 Stoploss: ₹519 (ATR-based)
🎯 Targets: ₹563 → ₹597 → ₹694 (as per Fib projections)
🧭 Macro Context:
- Infra & Energy sectors improving
- Govt push for renewables
- Dollar weakening, risk-on tone aiding sentiment
Structure, volume, and macro are aligned — tracking this breakout closely.