amazedFish23102

amazedFish23102

Rationale: BDL attempted a breakout near ₹1,950 but failed to sustain. It formed a double top with clear rejection from the resistance zone, followed by a breakdown below minor support at ₹1,935. This indicates buyer exhaustion and a likely shift in momentum. The recent red candle breaking the support on decent volume confirms short-term bearish sentiment. Trade...

amazedFish23102 Updated 

Buy Call – Nifty 50 Index Timeframe: 15-min chart CMP: 24,991 ⸻ Why Buy: • Breakout above previous resistance (marked zone) • Strong momentum candle with volume • Price is consolidating above the breakout – healthy sign of strength ⸻ Trade Setup: • Buy Zone: 24,980 – 25,000 • Stop Loss: 24,910 (just below breakout zone) • Target 1: 25,120 • Target 2:...

amazedFish23102 Updated 

⸻ Trade Details: • Sell Entry: 4.045–4.050 (current zone) • Stop Loss: Above 4.065 (recent high and breakout wick) • Target 1: 3.980 (minor support and first structure break) • Target 2: 3.940 (gap-fill and prior consolidation) • Target 3: 3.910 (trendline retest area) ⸻ Thesis: 1. False Breakout: Price attempted to break above resistance at 4.06 but...

amazedFish23102 Updated 

The Nifty 50 index showed a textbook false breakdown setup today on the 15-minute chart. After breaking below the opening support zone around 24,790–24,800, price quickly reversed and reclaimed the zone, hinting that the breakdown might have trapped aggressive sellers. This kind of sharp recovery from a key intraday support—without follow-through selling and on...

amazedFish23102

Timeframe: Daily Duration: 7–10 days CMP: $36.36 ⸻ Rationale: • Price failed to break convincingly above $37 – classic fake breakout. • Strong red candle with volume signals sellers are back in charge. • Multiple rejections near the top suggest bulls are exhausted. ⸻ Trade Setup: • Sell Zone: $36.35 – $36.40 • Stop Loss: $37.05 • Target 1:...

amazedFish23102 Updated 

Context & Analysis: Silver has been repeatedly rejected from the 37.32–37.36 zone, forming a clean resistance shelf. The price has attempted multiple breakouts but failed to hold above the resistance, forming wicks and a tight consolidation just below the key level—classic signs of exhaustion. This pattern suggests supply is active at the top, and buyers are...

amazedFish23102

Ultratech Cement has been grinding sideways after a sharp vertical rally and is now defending a multi-candle support near ₹11,360–₹11,370. The higher low structure, combined with the fresh breakout attempt from a tight range, sets the stage for a potential upside. The volume on the breakdown attempt was weak, and the recovery has been steady—signaling buyers are...

amazedFish23102 Updated 

Technical Setup: • Gap Fill Completed: The sharp up-move from ~55,200 to ~56,000 on June 13 created a gap zone, which has now been filled with today’s price action. • Breakout Rejection: Price attempted to break above a resistance zone near 55,950–56,000, but was sharply rejected with a long upper wick followed by red candles — showing exhaustion. • Bearish...

amazedFish23102

Silver Futures just slammed into a strong intraday resistance near the $37.27 zone after a vertical move and has since printed multiple rejection wicks. The consolidation under this resistance looks more like exhaustion than accumulation. With sellers defending the zone and volume fading on each test, a downside move appears likely. Trade Setup: • Sell Entry:...

amazedFish23102 Updated 

CMP: ₹310.20 Buy Zone: ₹309.50–₹310.50 Stop Loss: ₹308.50 (strict) Targets: • ₹314 • ₹318 • ₹322 ⸻ Technical Thesis • Demand Zone Reclaim: Price bounced exactly off the previously marked demand block near ₹309. This area has held as support multiple times. • Volume Spike on Push: Last bullish candle shows a volume burst at support, signaling interest from...

amazedFish23102

Voltas has broken out above a well-defined resistance zone near ₹1,316–₹1,318 after consolidating for several sessions. The breakout has occurred with momentum, and the price is now attempting to sustain above the previous supply area. Trade Plan: • Buy on retest: ₹1,314–₹1,316 (retest of the breakout zone) • Stop-loss: Below ₹1,307 (structure...

amazedFish23102

⸻ Technical Thesis: • Price faced rejection from a key supply zone (~₹1918–₹1922). • Clean lower high formation after filling the previous gap. • Volume drying up on green candles → lack of momentum. • Breakdown candle suggests weakness – wait for a pullback to the zone and then enter short. ⸻ Targets: ₹1860 ₹1830 Stop Loss: Above ₹1925 (structure...

amazedFish23102

Technical Setup: • Multiple Supply Zones: Price failed to hold above ₹1,720, which was a critical resistance from a previous top (June 11). Current rejection confirms supply at the top. • False Breakout & Bearish Rejection: Attempt to break the upper range failed, followed by a sharp red candle engulfing prior green candles. This suggests sellers have stepped...

amazedFish23102 Updated 

Chambal Fertilisers (CHAMBLFERT) – ₹551.50 Rationale: Bounce from Key Support Zone Chambal is showing signs of a strong base forming at ₹548–₹550, with multiple rejections from this zone and fresh buying support visible. This makes it a low-risk, high-reward setup. Good Risk-Reward Ratio A tight stop loss just below the support range gives a favourable R:R...

amazedFish23102 Updated 

Trade Idea: Nifty 50 — Short on Breakout Failure • Setup: Price attempted a breakout above ~24,940 but failed to sustain, forming a potential bull trap on the 15-min chart. • Entry (Sell Below): ₹24,925 • Stop Loss: ₹24,965 (just above failed breakout highs) • Targets: • T1: ₹24,860 • T2: ₹24,810 • T3 (Aggressive): ₹24,750 • Risk-Reward: Approx. 1:2 to...

amazedFish23102

Bearish Thesis Prestige Estate has approached a critical supply zone (~₹1688–₹1692), where multiple prior attempts to break higher have failed. The current price action shows signs of exhaustion and supply absorption, making this a strong candidate for a short-term mean reversion play. ⸻ Technical Reasons to Sell 1. Bearish Rejection from Resistance The...

amazedFish23102 Updated 

Before diving into the setup: It’s important to acknowledge that recent long trades on Natural Gas have underperformed, largely due to: • Muted global demand amid mild temperatures • Weak industrial offtake • Limited U.S. LNG export activity, despite geopolitical tensions This has translated into a persistent bearish bias and fading upside momentum on every...

amazedFish23102 Updated 

🔻 Positional Sell Call: Bitcoin (BTC/USD) 📍 Entry: ~$102,356 ❌ Stop Loss: $106,000 (above the recent weekly high) 🎯 Long-Term Downside Targets (based on weekly chart): • Target 1: $97,000 • Target 2: $90,000 • Target 3: $83,000 • Extended Target (if correction deepens): $74,000 📊 Technical Breakdown – Weekly Chart View: • Failed Breakout at ATH...