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PATANJALI FOODS LTD – Daily Chart Analysis Price as on June 6, 2025: INR 1,681.60 Technical View with Fundamental Context Price Structure Analysis: Patanjali Foods appears to be consolidating within a large descending wedge pattern. The recent price action shows a bounce from the lower wedge boundary, where multiple liquidity points have been swept, creating a...

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UNO Minda is showing strength after breaking out of a falling trendline channel. The stock is now hovering near the ₹1038–1044 supply zone with a strong volume base at ₹1018. Observations: Multiple trendline breakouts Price holding above POC at ₹1018 Minor consolidation below resistance If it sustains above ₹1044, the next logical target is ₹1130+....

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Blue Star appears to be in the process of forming a base after a sharp correction from the ₹2,300+ levels to recent lows near ₹1,520. The current price action suggests a potential reversal zone, where the stock may bounce after finding demand. • Green Zone (₹1,642–₹1,633): This is a key support area, which has held multiple times in the past and is currently...

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Aether has been consolidating for almost a year within a falling wedge pattern, a structure that often signals the end of a downtrend. Recently, the stock has shown signs of bottoming out near the ₹740–750 zone, where it found strong demand in the past as well. • This base has now formed two key bottoms, which indicate potential accumulation by long-term...

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Patanjali Chart Structure & Price Action The stock has been trading within a descending channel, bounded by the blue trendlines. It recently bounced from a major demand zone (~₹1,698) marked by the green support line that has absorbed liquidity multiple times ("Taken multiple liquidity"). Price is now slowly recovering from this base. Current Scenario CMP:...

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Chambal Fertilizers price has dropped sharply and is now reacting from a strong demand zone between ₹570–₹579, which earlier acted as a base for a major rally. This area has been respected in the past and shows signs of absorption. Today’s candle shows a pause in selling, hinting at a possible reversal. Entry is taken near ₹594 with tight risk below ₹570 (marked...

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Technical Setup – IFCI Ltd. on the weekly timeframe chart Current Price: ₹70.31 Breakout Confirmation: Price broke above major trendline resistance (dotted line) with strong volume Volume Profile: Highest traded zone was around ₹42–₹50 (base built here) Fibonacci Levels: 61.8% broken = bullish signal Targets: 🎯 ₹91.56 (100% Fib level) 🎯 ₹161.79 (161.8%...

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Big Breakout Alert! Price has convincingly broken out of a long-term descending trendline with high volume interest visible on the volume profile — signaling a potential change in trend. 🔹 CMP: ₹65.88 (▲ +13.14%) 🔹 Resistance levels: ₹79.00 → ₹104.00 🔹 Support zone: ₹54.10 (Volume Node & Horizontal Structure) 🔍 Technical Insights: Volume Profile Analysis  🔸...

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CESC LTD Price is grinding higher in a rising channel and has cleared the recent supply zone near ₹165–₹170 Momentum picking up with bulls eyeing the next major hurdles at: 🔸 Resistance 1: ₹185.90 🔸 Resistance 2: ₹201.40 Support: ₹163.50 – previous breakout base A daily close above ₹175 could fuel a swift push toward ₹185+ in the coming weeks. 📈 Trendline...

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📈 Structure forming... Big move loading? Gold is currently forming a bullish pennant right after a sharp move up this usually signals continuation in the same direction. Key highlights: 🔹 Price is consolidating in a triangle after breaking above the 3,240 zone. 🔹 Breakout projection suggests a move of +46 points, targeting the 3,288 level. 🔹 Immediate support...

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CONCOR After weeks of coiling inside a symmetrical triangle, CONCOR has finally broken out above key resistance near ₹705 — backed by strong volume and price action. Current Price: ₹730.50 Highlights: Triangle Breakout Zone: ₹702.15 (Fib 38.2%) Next Key Levels: ₹764.70 & ₹809.25 (61.8% & 78.6%) Strong Support Zone: ₹663–₹645 (Fib 23.6% & horizontal base) ...

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After 9 months of sideways consolidation, INOX just broke out of its base near ₹140–180 with strong momentum — signaling the start of a new bullish cycle. Key Levels: 🔹 Breakout Zone: ₹180.80 🔹 Impulse Target 1 (Hit): ₹261.90 🔹 Next Fibonacci Target (161.8%): ₹343.90 🔹 Support on Dip: ₹211–₹196 (50–61.8% retracement zone) Pattern in Progress: 🔹 Impulse...

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Union Bank just flashed a powerful confluence of 3 bullish patterns and smart money could already be moving in. Let’s break it down simply, but sharply 1. Falling Wedge Breakout (Aug ‘24 – Feb ‘25) Falling Wedge is one of the strongest bullish reversal signals in technical analysis. ✔️ Price kept dipping but volume dropped — a sign of seller exhaustion. ✔️ It...

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Open interest (OI) is the total number of active contracts held by traders at any moment. It helps gauge market activity and trends, especially in futures and options trading. Increasing OI: More money is entering the market, suggesting a bullish trend. Decreasing O: Indicates a potential end to the current price trend. What is Volume? Volume measures the...

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Daily Timeframe Analysis The setup is heating up and now we’ve got volume profile data to back it. The price is hovering around ₹666.10, and it looks like it's building strength for a bigger move. 🔹 Key Observations: Price is compressing under a falling trendline (descending triangle or wedge). Strong volume node around the ₹650–₹675 zone. This means a lot of...

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Timeframe: Daily | CMP: ₹81.90 Key Zones: 🟢 Demand Zone: ₹72–₹75 (multiple pin-bars & buys) 🟡 Order-Block Resistance: ₹85–₹88 (prior supply area) 🔴 Major Supply Zone: ₹110–₹112 (big block of sellers) What’s Happening? Strong Bounce: Price hit the ₹72–₹75 support twice and rallied sharply—classic demand‐zone confirmation. Projected Path: Green arrow shows...

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Chart Pattern Combo: 🔻 Falling Wedge inside 🔺 Symmetrical Triangle CMP: ₹344 | Target: ₹493 (43% Upside) 📈 What’s Happening? This setup is a classic case of pattern convergence — where price action + psychology meet: 🔹 Symmetrical Triangle → Signals price is coiling and preparing for a breakout 🔹 Falling Wedge Breakout → A bullish reversal pattern, already...

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Pattern: Symmetrical Triangle | Timeframe: Monthly | CMP: ₹208 Potential Target: ₹430+ | Key Resistance: ₹259.50 | Support: ₹170.20 📐Technical Breakdown EPL Ltd has been forming a massive symmetrical triangle for over 3 years – a classic pattern that signals a strong directional move ahead. The breakout in 2023 failed to sustain, but what followed was more...