X-indicator
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in BUTTERFLY
BUY TODAY SELL TOMORROW for 5%
INDUS TOWER : LongChart Type: Weekly (each candle = 1 week)
Indicators: 20 EMA + RSI (Relative Strength Index)
Pattern Highlighted: Bullish Engulfing near support
Volume: Rising on the bullish candle
Price Action Zone: From ₹320–₹460 range
Support Zone: Around ₹320–₹330
This zone acted as a base multiple times — buyers consistently defended it. A strong bullish engulfing pattern formed at the support, followed by a high-volume breakout above the 20 EMA.
This pattern often signals reversal from downtrend to uptrend.
Price has reclaimed the 20 EMA after several weeks below it — a short-term bullish sign. RSI rebounded from near 40 levels and is now rising toward 60 — confirms improving momentum.
Resistance Levels:
First resistance: ₹430–₹435
Second resistance / target zone: ₹460
🟩 Trading Plan
Entry: Aggressive entry: Near ₹395–₹400 (current level after bullish confirmation).
Conservative entry: On a retest of ₹370–₹380 (if price pulls back to 20 EMA).
Confirm entry on a weekly close above ₹400 with sustained volume.
Stop Loss (SL):
Place SL below ₹340 (below bullish engulfing low and support zone).
Risk per trade ≈ ₹60 (400–340).
Take Profit (Targets):
Target 1: ₹430 → Partial profit booking zone (~8% gain).
Target 2: ₹460 → Previous swing high / full target (~15% gain).
Extended target (if momentum strong): ₹500+ (psychological level).
Risk–Reward Ratio:
Entry ₹395–₹400
Stop Loss ₹340
Target 1 ₹430 → 1:0.6
Target 2 ₹460 → 1:1.3
Good setup for swing trade with clear technical confluence.
Bank Nifty Breakdown – Rising Wedge Breakdown Hints sellingBank Nifty has recently shown a significant technical development that could mark a short-term reversal: a breakdown from a rising wedge pattern below its support trendline. The rising wedge is generally a bearish reversal pattern when occurring after an uptrend, and in this case, the structure has played out with textbook precision.
Initially, Bank Nifty attempted to break above the resistance zone around 58,200–58,400, but it failed to sustain the move. This fake breakout, often referred to as a bull trap, is a strong bearish signal—especially when followed by a clean breakdown of the support line, as seen near the 57,800 level. The price has now convincingly moved below this support zone, confirming a potential trend reversal.
The pattern's height, which represents the distance between the highest swing high and lowest swing low within the wedge, has been used to project the downside targets. According to this breakdown setup, the following bearish targets are now in play:
Target 1: 57,550
Target 2: 57,050
Projected Final Target: 56,650
These targets are marked clearly on the chart and represent areas where price action may find temporary support or experience short-covering bounces. However, unless Bank Nifty reclaims the upper wedge zone and invalidates the breakdown, the path of least resistance remains downward.
What makes this move even more credible is the series of lower highs formed under resistance, showing consistent selling pressure. Simultaneously, the failed breakout has likely triggered stop losses of aggressive long positions, adding to the downward momentum.
Traders should now watch for confirmation of this breakdown with volume and follow-through candles. Any bounce back to the 57,800–58,000 zone should be approached with caution, as it may act as a fresh supply zone unless strongly reclaimed.
RBL BANKStock is maintaining the move above all key EMAs, last Swing Low (242.35) took support at 50 exponential moving average, which is a good sign.
Previous resistance is becoming a support, price is consistently taking support above 20ema.
A move from here may give a good upside move.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
Sensex Structure Analysis & Trade Plan: 7th NovemberDetailed Market Structure Breakdown
4-Hour Chart (Macro Trend)
Structure: The Sensex is now in a Corrective Phase, having broken the lower trendline of the aggressive ascending channel and closing below the critical 83,600 support. The price is trending lower within a descending channel.
Key Levels:
Major Supply (Resistance): 84,200 - 84,400. This area (the breakdown level and previous FVG) is the key overhead resistance. A "Sell on Rise" strategy is favored in this zone.
Major Demand (Support): 82,900 - 83,200. This is the most critical support zone, aligning with the lowest point of the previous correction and a major FVG (Fair Value Gap).
Outlook: The short-term bias is Bearish. A breakdown below 83,300 would trigger a deeper correction towards 82,900.
1-Hour Chart (Intermediate View)
Structure: The 1H chart is strongly bearish, trading in a well-defined descending channel, confirming the short-term correction. The market is making lower lows and lower highs, and the price closed near the channel's lower boundary.
Key Levels:
Immediate Resistance: 83,600 (Upper boundary of the descending channel).
Immediate Support: 83,200 (Lower boundary of the descending channel).
15-Minute Chart (Intraday View)
Structure: The 15M chart confirms the steep descending channel and strong intraday bearish control. The market is making lower highs and lower lows, closing with a small bearish candle.
Key Levels:
Intraday Supply: 83,600.
Intraday Demand: 83,200.
Outlook: Strongly Bearish.
📈 Structure Analysis & Trade Plan: 7th November
Market Outlook: The Sensex is in a strong bearish trend, with the structure favoring continuation towards major support at 83,200. The overall strategy is Sell on Rise or Breakdown.
Bearish Scenario (Primary Plan: Correction Continuation/Sell on Rise)
Justification: The breakdown below 83,600 and the confirmed descending channel favor continuation toward the macro support.
Entry: Short entry on a successful retest and rejection of the 83,600 - 83,800 level (upper channel resistance/FVG) OR Short on a decisive break and 15-minute candle close below 83,200.
Stop Loss (SL): Place a stop loss above 84,000 (above the immediate swing high).
Targets:
T1: 83,200 (Lower channel support/Major FVG).
T2: 82,900 (Next major demand zone).
Bullish Scenario (Counter-Trend/Reversal)
Justification: A short-covering bounce is possible if the market aggressively reclaims the channel.
Trigger: A sustained move and close above 84,000.
Entry: Long entry on a confirmed 15-minute close above 84,000.
Stop Loss (SL): Below 83,600.
Targets:
T1: 84,200 (Major overhead resistance).
T2: 84,400 (Previous swing high).
Key Levels for Observation:
Immediate Decision Point: 83,200 - 83,600 zone.
Bearish Confirmation: Sustained trade below 83,200.
Bullish Confirmation: A move back above 84,000.
Line in the Sand: 83,600. Below this, the trend is strongly bearish.
Astral Ltd— Monthly & Weekly technical readOn both the monthly and weekly charts as of early October 2025, Astral Limited is in a consolidation to bearish phase:
• Moving Averages: All major moving averages (5, 10, 20, 50, 100, 200 days) are signalling sell, indicating the stock is trading below key confidence levels.
• Elliott Wave Reading:
Astral is engaged in a corrective phase following a multi-year uptrend and the sharp peak → sell-off
The run to the July-2024 high looks like a completed 5-wave impulse up from the multi-year base. The subsequent move since the peak is best read as an A–B–C correction
We are likely inside or completing wave C on weekly/monthly — that explains continued weakness until key support (≈₹1,230) is decisively tested. (If wave C completes and price holds monthly support, a new impulse up may follow.)
• Short forecast / probabilities (my view):
• Short Term (2–8 weeks): Oscillators in oversold territory suggest the stock could consolidate or attempt a short-lived bounce.
• Q4 2025 and Beyond: Forecasts for the end of 2025 position Astral between 1,600 and 1,665, assuming successful defense of support and a return to broader market strength.
• Trading Strategy:
Accumulation Zone: ₹ 1310-1370
Stop Loss: ₹1,220
Targets:
T1: ₹1,450
T2: ₹1,577
T3: ₹1600-1665 (long term)
Conclusion : Astral Ltd. is technically oversold but sentiment remains cautious; watch the 1,360 supports for signs of reversal. Downside is limited if this support holds, with upside potential back to 1,650–1,665 by year-end should a new impulse wave begin
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EUR/JPY (1H) chartEUR/JPY (1H) chart, here’s what can be interpreted based on my annotations and price action:
Support level (green zone): around 178.00 – 178.20
Current price: 177.88
Breakdown below cloud: already happened previously, price retested resistance (support turned resistance) and dropped again.
My also drawn two target points below — one short-term and one deeper move.
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🎯 Target Analysis
From my markings and price structure:
First target (short-term): around 176.40 – 176.50
→ This aligns with my first green arrow and matches a previous minor swing low.
Second target (main target): around 175.20 – 175.30
→ This is the lower arrow, which aligns with the bottom of my previous structure (major support zone).
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📊 Trade Idea Summary
If my looking at a short setup (since price rejected the resistance zone):
Sell Entry: below 177.70 (confirmation of rejection)
Target 1: 176.40
Target 2: 175.20
Stop-loss: above 178.20 – 178.30 (just above resistance zone)
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⚖ Risk/Reward (approximate)
If entering at 177.70:
SL: 178.30 (≈ 60 pips risk)
TP1: 176.40 (≈ 130 pips reward)
TP2: 175.20 (≈ 250 pips reward)
➡ R:R = 1:2 to 1:4
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✅ Conclusion:
My first target is 176.40, and my main target is 175.20.
This setup looks valid if price stays below the 178.00 resistance and cloud confirms bearish momentum.
NIFTY KEY LEVELS FOR 06.11.2025NIFTY KEY LEVELS FOR 06.11.2025
Timeframe: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
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📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CHENNPETRO
BUY TODAY SELL TOMORROW for 5%
#NIFTY Intraday Support and Resistance Levels - 06/11/2025Nifty is expected to open with a gap up near the 25,750 zone, showing early signs of recovery after a recent decline. The opening above the immediate resistance area indicates potential buying interest, but sustained momentum will be key to confirming a reversal.
If Nifty holds above 25,750–25,780, it may extend its move toward 25,850, 25,900, and 25,950+. A breakout above 25,950 could trigger further upside toward 26,000–26,050, strengthening the short-term bullish bias.
On the downside, initial support lies near 25,700–25,650. A failure to sustain above this zone could lead to renewed selling pressure toward 25,600, 25,550, and 25,500, which remains a crucial support level for the day.
Overall, with a gap up opening near 25,750, sentiment is expected to remain mildly positive as long as the index sustains above 25,700. Traders should monitor price action near the 25,900 zone for potential resistance and use a trailing stop loss to protect profits in case of volatility.
DMART LONGDMART (Avenue Supermarts) has reached a strong trend support level. Additionally, in the daily timeframe, the current candle closed at the previous day's candle level.
Therefore, we can go long in DMART for a swing trade. Fundamentally, the quarterly results are already out, so there is no immediate issue regarding upcoming events.
Go long on DMART, but make sure to manage your trade quantity, risk, and reward based on your risk appetite. This is for educational purposes only and does not guarantee returns.
Swing Buy Plan Above 749 (Resistance Breakout) HDFCLIFEChart Structures:
Double Bottom in Demand Zone (near 729–736) provides a strong support base and bullish reversal signal.
Neck Line (Supply/Resistance at 749): Watch for high volume and price action to trigger the trade.
Trade Entry:
Buy only above 749—confirm a breakout with a strong bullish candle.
Targets:
First Target: 764.15 (Initial Resistance for breakout, T1)
Second Target: 780.85 (Primary Swing Target, T2)
Stoploss:
729 (Below demand zone and recent swing low)
Support Zone:
736.15 (Can be used for partial profit booking for conservative trades)
Action Points for Traders
Wait for Breakout: Don't enter until price closes above 749 with confirmation (volume, bullish candle).
Monitor Retest: If price moves above 749, watch for a retest and hold above this level before increasing position.
Risk Management: Use 729 as stoploss to guard against false breakouts.
Disclaimer: lnkd.in
market sliding to 25518 ,25060 ,24917in weekly chart there is clearly showing pin bar or inverted hammer or doji or you can say anything any name where closing bellow of this candle will lead to my target level of 25518,25060,24917 level as there is breakdown support vertical trend-line and support levels
Bulls coming in on the Nifty50 indexHello,
Since June 27th, 2025, the Nifty 50 index has been undergoing a correction phase, reflecting a temporary pause in the market's strong upward trend. Recent market data, however, indicates that this corrective phase is likely behind us, paving the way for renewed bullish momentum. This development offers a timely opportunity for investors to consider entering the market.
The correction served as a healthy consolidation, allowing for the market to digest previous gains and set a firmer foundation for the next upward move. The index has stabilized at attractive levels, making the current price point an excellent entry for risk-averse investors seeking upside potential with a favorable risk-reward balance.
Our technical analysis suggests that the Nifty 50 is poised to advance toward and potentially exceed the 27,000 mark in the near term.
Good luck & happy investing
Advanced Chart Patterns in Technical Analysis1. Introduction to Advanced Chart Patterns
In trading, patterns repeat because human behavior is repetitive. Fear, greed, and hope drive market movements, and these emotions get imprinted in price charts. Advanced chart patterns are an extension of classical technical formations, combining structure, volume, and momentum to forecast price trends. Mastering them helps traders differentiate between false breakouts and genuine opportunities.
Advanced patterns generally fall into two main categories:
Continuation Patterns – Indicating a pause before the prevailing trend continues.
Reversal Patterns – Signaling the end of a trend and the beginning of a new one.
2. Head and Shoulders (Reversal Pattern)
The Head and Shoulders pattern is one of the most reliable reversal signals. It indicates a change in trend direction — from bullish to bearish (standard form) or from bearish to bullish (inverse form).
Structure:
Left shoulder: A price rise followed by a decline.
Head: A higher peak than the left shoulder, followed by another decline.
Right shoulder: A lower rise, followed by a breakdown through the neckline.
Neckline: Connects the lows between the shoulders and serves as a key breakout level.
Once the price breaks below the neckline, it confirms a bearish reversal. The target is estimated by measuring the distance from the head to the neckline and projecting it downward.
Inverse Head and Shoulders works similarly but in the opposite direction — signaling a bullish reversal after a downtrend.
3. Cup and Handle Pattern
The Cup and Handle is a bullish continuation pattern resembling a teacup. It was popularized by William O’Neil in his book How to Make Money in Stocks.
Formation:
Cup: A rounded bottom, showing a gradual shift from selling to buying.
Handle: A short pullback or consolidation that follows the cup, forming a downward-sloping channel.
When the price breaks above the handle’s resistance with strong volume, it often signals a continuation of the prior uptrend.
Target: The depth of the cup added to the breakout point.
This pattern is often seen in growth stocks and long-term bullish markets.
4. Double Top and Double Bottom
These patterns are classic but essential to advanced technical traders due to their reliability and frequency.
Double Top:
Appears after a strong uptrend.
Price makes two peaks at similar levels separated by a moderate decline.
A breakdown below the “neckline” confirms a bearish reversal.
Double Bottom:
Appears after a downtrend.
Two troughs form around the same level with a peak in between.
A breakout above the neckline signals a bullish reversal.
Volume confirmation is crucial — rising volume on the breakout adds credibility to the pattern.
5. Flag and Pennant Patterns
Flags and Pennants are short-term continuation patterns that often appear after a strong price movement, known as the “flagpole.”
Flag: Forms as a small rectangular channel sloping against the main trend.
Pennant: Appears as a small symmetrical triangle following a sharp move.
These patterns typically consolidate the market before the next strong move in the same direction.
Breakout Rule:
When price breaks in the direction of the previous trend, accompanied by high volume, it confirms continuation.
Target Projection:
Length of the flagpole added to the breakout point.
6. Wedge Patterns
Wedges are advanced chart patterns signaling either continuation or reversal depending on their position and direction.
Rising Wedge:
Forms when price makes higher highs and higher lows, but the slope narrows upward.
Typically appears in an uptrend and indicates weakening bullish momentum — a bearish reversal signal.
Falling Wedge:
Forms with lower highs and lower lows converging downward.
Usually appears in a downtrend, indicating a potential bullish reversal.
Volume generally declines during formation and expands during breakout, confirming the move.
7. Symmetrical, Ascending, and Descending Triangles
Triangles represent consolidation phases and serve as reliable continuation patterns.
Symmetrical Triangle:
Characterized by converging trendlines with no clear direction bias.
Breakout direction typically follows the prior trend.
Ascending Triangle:
Horizontal resistance with rising support.
Usually forms during an uptrend, signaling bullish continuation.
Descending Triangle:
Horizontal support with declining resistance.
Typically bearish, indicating continuation of a downtrend.
Triangles are volume-sensitive patterns — declining volume during formation and surge during breakout strengthens reliability.
8. Rectangle Pattern
A Rectangle or Trading Range represents a period of indecision between buyers and sellers.
Formation: Price oscillates between horizontal support and resistance.
Interpretation:
Breakout above resistance → bullish signal.
Breakdown below support → bearish signal.
Traders often trade within the rectangle until a confirmed breakout occurs, using stop-losses near the opposite boundary.
9. Diamond Pattern
The Diamond Top is an advanced reversal pattern that forms after a prolonged uptrend. It begins as a broadening formation (wider price swings) and ends with a narrowing triangle — resembling a diamond shape.
Indicates distribution and market exhaustion.
Once price breaks below the support line, it confirms a bearish reversal.
This pattern is rare but highly reliable when spotted correctly.
10. Harmonic Patterns (Advanced Category)
Harmonic patterns use Fibonacci ratios to predict potential reversals with high precision. These include Gartley, Bat, Butterfly, and Crab patterns.
Gartley Pattern: Indicates retracement within a trend, typically completing at the 78.6% Fibonacci level.
Bat Pattern: Uses deeper retracement levels (88.6%) to identify precise turning points.
Butterfly Pattern: Suggests a reversal near 127% or 161.8% Fibonacci extensions.
Crab Pattern: Known for extreme projections (up to 224% or more), signaling deep retracements.
These patterns require advanced understanding of Fibonacci tools and are used by professional traders for precision entries.
11. Rounding Bottom and Top
Rounding Bottom:
Gradual shift from bearish to bullish sentiment.
Indicates long-term accumulation before a breakout.
Typically seen in major trend reversals in large-cap stocks.
Rounding Top:
Slow shift from bullish to bearish sentiment.
Represents distribution and is often followed by a sustained downtrend.
These patterns form over long durations (weeks or months) and are reliable for positional traders.
12. Broadening Formation
Also known as a megaphone pattern, it shows increasing volatility and investor uncertainty.
Formation: Two diverging trendlines — one ascending, one descending.
Meaning: Early sign of market instability; may precede major reversals.
Trade Setup: Enter once a confirmed breakout occurs beyond the pattern boundaries.
13. Volume and Confirmation in Chart Patterns
Volume plays a critical role in confirming pattern validity. Key principles include:
Decreasing volume during consolidation or pattern formation.
Increasing volume during breakout, confirming institutional participation.
False breakouts often occur on low volume, trapping retail traders.
Combining volume indicators (like OBV or Volume Oscillator) with pattern analysis enhances accuracy.
14. Practical Application and Risk Management
Even the most reliable patterns fail without proper risk management and confirmation strategies.
Wait for breakout confirmation with candle close beyond key levels.
Use stop-loss slightly below support or above resistance.
Combine patterns with momentum indicators like RSI or MACD for confirmation.
Avoid overtrading; focus on quality setups with clear symmetry and volume validation.
15. Conclusion
Advanced chart patterns bridge the gap between price action and trader psychology. They help traders interpret market behavior and anticipate future movements with a structured approach. Patterns like the Cup and Handle, Head and Shoulders, and Wedges reveal not just the direction but also the strength and conviction of trends.
Mastering these patterns requires practice, discipline, and confirmation through indicators and volume. When used correctly, advanced chart patterns empower traders to make informed, high-probability decisions — transforming random price data into profitable trading opportunities.
BSE Ltd –Strong Breakout Above Resistance | Volume & RSI ConfirmBSE Ltd has given a decisive breakout above the ₹2550–₹2570 resistance zone after weeks of consolidation. The breakout is supported by a strong volume surge and bullish RSI momentum crossing above 65, indicating strength in the move.
• Chart Pattern: Horizontal breakout from multi-week range
• Entry Zone: ₹2580–₹2620
• Target: ₹2815+ (based on range projection and resistance levels)
• Stop Loss: ₹2470 (below breakout zone)
• Volume: Significant spike confirming institutional participation
• RSI: Staying strong near 69, showing sustained bullish pressure
If price sustains above ₹2550 on daily closing, the momentum can carry toward ₹2800–₹2850 in the near term.
📈 Bias: Bullish
🕒 Timeframe: Daily
IDBI Bank and the Bullish Cup & Handle Pattern📈 Technical Analysis Spotlight: IDBI Bank and the Bullish Cup & Handle Pattern
In the world of technical analysis, chart patterns often serve as powerful indicators of potential price movements. One such pattern, the Cup and Handle, has recently emerged on the daily chart of IDBI Bank Limited, offering traders and investors a compelling bullish setup.
🏦 Current Market Snapshot
As of the latest data, IDBI Bank is trading at ₹100.42. This price action is notable not just for its level, but for the structure it has formed—a classic Cup and Handle pattern, which is widely regarded as a bullish continuation signal.
☕ Understanding the Cup and Handle Pattern
The Cup and Handle pattern resembles the shape of a tea cup:
The "cup" forms after a rounded bottom, indicating a period of consolidation and accumulation.
The "handle" follows as a short-term pullback, typically on lighter volume, before a potential breakout.
This pattern reflects a shift in market sentiment—from bearish to bullish—as buyers gradually regain control.
📊 Technical Confirmation
Several factors strengthen the bullish outlook for IDBI Bank:
The stock is trading above its 50-day and 100-day Simple Moving Averages (SMA), suggesting medium-term strength and trend alignment.
The neckline resistance—the key breakout level—is identified at ₹106. A decisive move above this level would confirm the completion of the Cup and Handle pattern.
🚀 What Happens After the Breakout?
If IDBI Bank breaks above ₹106 with strong volume, it could trigger a bullish rally, as the pattern implies renewed buying interest and momentum. Traders often look for price targets by measuring the depth of the cup and projecting it upward from the breakout point.
🧠 Final Thoughts
The Cup and Handle pattern on IDBI Bank’s chart, combined with its position above key moving averages, presents a textbook bullish setup. While no pattern guarantees future performance, this formation is a favorite among technical analysts for its reliability and clarity.
As always, traders should consider risk management and broader market conditions before acting on any signal.






















