The Breakout Happened - Now The Real Test BeginsThe stock has already delivered the important breakout above the 1560โ1600 resistance zone, which had rejected price multiple times. The bigger structure remains strong as well price has respected the long-term rising trendline repeatedly, showing that buyers continue to defend every major correction. After rallying toward 1850+ price is now pulling back toward the old breakout zone, turning previous resistance into potential support.
This 1600 retest will be important. If buyers absorb the selling here and price sustains above the breakout zone, weak hands can get shaken out before the next move while fresh buyers slowly step in. A successful retest can confirm that the breakout was genuine and prepare Adani Ports for another attempt toward the recent highs and potentially beyond 1900. Strong trends often test old resistance before starting their next expansion.
Chart Patterns
Sellers Are Getting Cornered Below This TrendlineSupreme Petrochem is building serious pressure just below its long-term falling trendline around the 780โ800 zone. What makes this structure interesting is the strong recovery from the major 490โ500 support, followed by repeated attempts to push higher instead of another deep correction. Price is now sitting directly under the trendline, and this weekโs strong bullish candle shows buyers are becoming aggressive exactly where sellers are supposed to dominate. The longer price holds near resistance without getting rejected, the weaker this supply can become, while liquidity continues to build above the trendline.
A clean weekly breakout and sustain above 800 can open the structure very quickly toward the major 900โ910 resistance zone. That area has rejected price multiple times, so a lot of liquidity should be sitting around those previous highs. If buyers eventually absorb that supply too, the chart can enter a completely different phase with 1100+ becoming possible as shown by the structure. RSI is also strengthening near 58, leaving enough room for momentum to expand. One strong breakout above this trendline can turn years of resistance into the fuel for the next major rally.
Key Structure Level ETHUSDTCurrent Price Action: The price is actively consolidating between a prominent Descending Trend Line (acting as immediate resistance) and a multi-week Ascending Trend Line (acting as long-term support).Major Support Zones:$2,357.20: Labeled explicitly on the chart as Major Support. This aligns near the inflection point where the ascending trend line meets historic structural demand.$2,316.40: A secondary fallback cushion if the primary support fails.Resistance Levels:$2,471.60: The near-term ceiling keeping the price suppressed.$2,566.00: The critical macro swing-high horizontal resistance target.๐ Volume & Momentum IndicatorsVolume Trend: The Simple Volume bars at the bottom show distinct spikes during major upward moves, followed by noticeably tapering volume as the price funnels inside the triangle pattern. This signature drop-off indicates a lack of aggressive selling pressure, but suggests that the market is waiting for a volatility catalyst before committing to a definitive breakout.๐ Strategic Frameworks & ScenariosSymmetrical triangles are inherently neutral patterns that resolve in explosive continuations or reversals once broken. Because single-crypto pairs are highly volatile, it is essential to manage risk tightly to avoid total capital losses.Bullish Continuation (Breakout): If the price manages a strong, high-volume close above the Descending Trend Line (~$2,470), look for a fast retest of the horizontal structural zone around $2,566.00.Bearish Breakout (Reversal): If the price breaks down through the Ascending Trend Line and the $2,357.20 Major Support, it signals an invalidation of the short-term bullish thesis, leaving the $2,316.40 zone open as the next target.
CG Power & Indst., Ltd.โChannel BreakoutSetup with 20%+ Upside CG Power & Industrial Solutions Ltd.; CMP: 914.45;
CG Power is exhibiting a strong bullish structure on the daily timeframe after completing what appears to be an ABC corrective phase and resuming its primary uptrend . The stock has consistently respected the rising channel structure and is currently advancing from the lower support trendline towards the upper resistance zone.
Technical Observations
Price has successfully rebounded from the channel support trendline, indicating strong demand at lower levels.
The corrective ABC pattern appears complete, with a fresh impulsive move underway.
The stock is trading within a well-defined ascending channel, maintaining higher highs and higher lows.
Relative Strength remains firm, suggesting continued outperformance versus the broader market.
Recent price action indicates acceleration towards the channel resistance line.
Trading Strategy
CMP: โน914
Accumulation Zone: โน890โ920
Target 1: โน1,080
Target 2: โน1,135
Stop Loss: โน845 (Closing Basis)
Risk-Reward
With downside protected by the channel support and upside targets offering nearly 18โ24% potential appreciation, the setup presents a favorable risk-reward opportunity for swing and positional traders.
๐ Thanks a ton for checking out my idea! Hope it sparked some value for you.
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Nifty's U-Turn at Support โ Eyes on 23,600Hi everyone, wishing you a calm and disciplined week ahead in the markets.
Below is my Nifty 50 4H chart study, happy to be corrected if you are reading it differently.
Nifty is trading around 23,341 on the 4H timeframe after a steady decline from the early-August high near 24,600.
What the chart is showing:
Price has pulled back into the previous support zone (roughly 23,000โ23,100), the same band that acted as a base in early-to-mid June. So far it has held, and the last few candles have stabilised above it.
The trend indicator has flipped to the sell side, with the trailing band sitting near 23,600. That lines up almost exactly with the horizontal resistance drawn at 23,600, so it becomes a fairly clean line in the sand.
Above 23,600, the next meaningful supply area is the previous resistance zone around 24,400โ24,600, which capped the index twice in early July and again in early August.
How I'm reading it:
As long as 23,000โ23,100 holds, the structure looks like a pullback into demand rather than a breakdown. A sustained 4H close above 23,600 would be the first sign that the sellers are losing grip, and in that case the 24,400โ24,600 zone is the logical area price would look to revisit.
On the other side, a decisive close below 23,000 would invalidate this view and shift the focus lower. In this case, we can consider 22,600 to 22,400 zone as a support zone breakdown target, which is actually the larger swing low index made in month of April 2025.
This idea is meant for only learning purpose.
Regards, Amit.
SUPREMEIND Strong Expansion Above the Descending Trendline๐ฅ Supreme Industries: Strong Expansion Above the Descending Trendline
๐ MARKET STRUCTURE SNAPSHOT | NSE: SUPREMEIND | DAILY
Closing Price: 3,580.30
Core Trend: Developing Recovery within a Broader Downtrend
Market State: Strong Bullish Expansion / Breakout Attempt
Chart Pattern: Descending Trendline Breakout Attempt
Candlestick Pattern: Strong Bullish Candle
Price Structure: Price has recovered sharply from the lower part of the broader range and has now moved above the long-standing descending trendline visible on the daily chart. The latest session closed at 3,580.30, placing price above the recent 3,500โ3,550 region, while the broader chart still contains a series of lower highs from the previous peak.
Technicals: Mixed โ short-term bullish momentum within a broader bearish structure
Volume: 469.75K vs 200.05K average โ approximately 2.35ร average
Moving Average Structure: Full Bearish EMA Stack
CPR & Market Structure: Bullish Zone โ Narrow CPR
Next Session CPR: Wide โ Pivot 3,502.70 | Top 3,541.50 | Base 3,463.90
Model Reference: 3,580.30
Observation References: 3,895.60 | 4,210.80
Resistance References: 3,657.93 | 3,735.57 | 3,890.83
Support References: 3,425.03 | 3,269.77 | 3,192.13
๐ STWP EDUCATIONAL OBSERVATION
Supreme Industries is showing a strong short-term expansion after recovering from the lower portion of its broader consolidation range. The latest session gained 7.05% and closed at 3,580.30, with volume of approximately 469.75K, around 2.35ร the average, indicating substantially higher participation. On the clean daily chart, price has moved above the long-standing descending trendline that has been defining the broader structure, creating an important breakout area for observation. However, the longer-term structure remains mixed because the major EMA sequence is still in a bearish alignment, while the dashboard identifies the broader market structure as ranging and multi-timeframe signals as mixed. RSI around 55.75 has moved into a more positive zone without reaching an extreme reading. The area around 3,657.93โ3,735.57 therefore becomes an important reference zone for studying whether the recent expansion develops further, while 3,425.03โ3,269.77 remains a useful lower structural reference area.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results.
Kindly consult an appropriately SEBI-registered investment professional.
XAUUSD/GOLD WEEKLY BUY LIMIT PROJECTION 20.09.26XAUUSD / GOLD โ WEEKLY BUY PROJECTION
Chart date: 20 September 2026
Entry Zone: 4,290โ4,300
Stop Loss: Below 4,235 (approximate chart level)
Support 1: 4,290โ4,300
Support 2: 4,235โ4,245
Resistance 1: 4,400โ4,405
Resistance 2: 4,510โ4,520
Target 1: 4,400
Target 2: 4,510
Target 3: 4,520
Analysis Script
Goldโs daily chart shows a potential bullish reversal following an apparent breakout above the falling wedge. A bullish engulfingโtype candle near the 4,240โ4,260 zone suggests renewed buying interest. Our projected scenario is a pullback toward 4,290โ4,300, where horizontal support, the rising daily trendline, and the broken wedge trendline meet. If this area holds, bullish rejection followed by a 1H or 4H bullish break of structure would strengthen the recovery scenario toward 4,400 and subsequently 4,510โ4,520. A buy-limit order can trigger before confirmation develops, so a limit entry and a confirmation-based entry are different approaches. A break below the lower support zone would weaken this bullish setup.
BUY TODAY SELL TOMORROW for 5%DONโT 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
Double bottom breakout in TALBROAUTO
BUY TODAY SELL TOMORROW for 5%
LGEINDIA Breakout from Descending Triangle with Strong Volume๐ฅ LG Electronics India: Breakout from Descending Triangle with Strong Volume
๐ MARKET STRUCTURE SNAPSHOT | NSE: LGINDIA | DAILY
Closing Price: 1,696.90
Core Trend: Uptrend
Market State: Bullish Expansion / Breakout
Chart Pattern: Descending Triangle Breakout
Candlestick Pattern: Three Outside Up
Price Structure: Price has moved above the upper boundary of the developing descending-triangle structure and is now trading around 1,696.90, with the breakout accompanied by strong volume. Price remains above VWAP and the complete EMA structure.
Technicals: Bullish
Volume: 1.34M vs 534.53K average โ approximately 2.50ร average
Moving Average Structure: Full Bullish EMA Stack
CPR & Market Structure: Bullish Zone โ Narrow CPR
Next Session CPR: Wide โ Pivot 1,687.60 | Top 1,692.20 | Base 1,682.90
Model Reference: 1,696.90
Observation Reference: 1,816.90
Resistance References: 1,708.50 | 1,739.90 | 1,767.10 | 1,799.10
Support References: 1,668.23 | 1,639.57 | 1,620.23
๐ STWP EDUCATIONAL OBSERVATION
LG Electronics India is showing a notable technical expansion after moving above the upper boundary of the descending-triangle structure visible on the daily chart. The latest session closed at 1,696.90, gaining 2.66%, while volume reached approximately 1.34M, around 2.5ร the average, providing strong participation during the move. Price is trading above VWAP at 1,687.57 and remains above the 9, 21, 50, 100 and 200-period EMAs, maintaining a full bullish alignment. RSI at 60.76 indicates positive momentum without reaching the extreme zone seen in some of the other recent charts. The Three Outside Up pattern adds further context to the recent price expansion. The immediate area around 1,708.50โ1,739.90 is now important for studying whether the breakout structure sustains, while the 1,668.23โ1,620.23 region provides the broader reference area for observing subsequent price behaviour.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results.
Kindly consult an appropriately SEBI-registered investment professional.
ATGL: Gas Shortage + Expensive, Long Term View :2-2.5 Year HoldโGas shortages and Rising pricesโ Based on Recent Reports from Global Energy Organizations (IEA, OPEC, EIA, Kpler) and market analysts
1. Asian Spot LNG Prices Soar to 45-Month High
Spot LNG (JKM) prices in Northeast Asia have surged to $26.00 per MMBtu, a whopping 150% increase since the start of the year, due to supply disruptions in the Strait of Hormuz and delays in Qatari LNG cargoes
2. European Gas Benchmark (TTF) Soars
Dutch TTF Gas benchmark in the European Union is climbing to โฌ76-โฌ79 per MWh range, the highest since 2023
3.European Gas Storage Worries
The EU's underground gas storage is some 65% to 68% full ahead of the winter, 14 to 16 percentage points less than the five-year historical average of 82%
4. Asian imports at 8-year low
LNG imports by Asia in September are estimated to have dropped to 20.09 million metric tons, the lowest since September 2018, as high prices contained demand
5.Demand impact in India and China
A report by Kpler showed that the imports of China fell to 4.32 million tons and India's imports fell to 1.86 million tons (the lowest since March) in September under pressure of rising spot prices
6. Europe takes cargoes at high premiums Asia is turning away expensive cargoes but Europe increased imports to 7.98 million tons in September but has to buy this gas at very high premiums
7. IEAโs forecast of a significant contraction
The International Energy Agency (IEA), in its September report, has forecasted a net 2.5 million barrels per day (mb/d) contraction in global crude oil demand due to lower consumption caused by high fuel prices
8. OPEC trims growth forecast for fifth time
OPEC has cut its global demand growth forecast for 2026 to just 380,000 barrels per day (0.38 mb/d) in its monthly report
9.Gulf and Saudi production decline
Saudi Arabiaโs crude oil production fell to about 6.2 million barrels per day in August from a high of 10 million barrels per day in 2018, the lowest since 1990, due to conflicts along supply routes
10.Economists view on โdemand destructionโ
The high prices of natural gas and diesel are driving up the electricity bill, freight charges and industrial costs, thus leading to a situation of โdemand destructionโ globally, economists warn
Disclaimer :- I am Not SEBI Register Analyst, All Report Based on My 10 Year Global Market Expireance
GMMPFAUDLR Strong Breakout with Exceptional Volume๐ฅ GMM Pfaudler: Strong Breakout with Exceptional Volume
๐ MARKET STRUCTURE SNAPSHOT | NSE: GMMPFAUDLR | DAILY
Closing Price: 1,467.00
Core Trend: Uptrend
Market State: Strong Bullish Expansion / Breakout
Chart Pattern: No confirmed chart pattern
Candlestick Pattern: Three Outside Up / Strong Bullish Candle
Price Structure: Price has moved sharply out of the previous consolidation area and is now trading at significantly higher levels. The latest session shows a strong expansion candle with price holding above VWAP and all major EMAs.
Technicals: Strong Bullish
Volume: 1.21M vs 502.63K average โ approximately 2.40ร average
Moving Average Structure: Full Bullish EMA Stack
CPR & Market Structure: Bullish Zone โ Wide CPR
Next Session CPR: Wide โ Pivot 1,437.30 | Top 1,452.20 | Base 1,422.50
Model Reference: 1,475.00
Observation References: 1,652.70 | 1,830.40 | 2,008.10
Resistance References: 1,504.67 | 1,542.33 | 1,609.67
Support References: 1,399.67 | 1,332.33 | 1,294.67
๐ STWP EDUCATIONAL OBSERVATION
GMM Pfaudler is showing a pronounced bullish expansion after spending several weeks within a lower consolidation zone. The latest session closed at 1,467, gaining 7.60%, with volume reaching approximately 1.21M, or around 2.40ร the average, indicating substantially higher participation during the move. Price is trading above VWAP at 1,437.33 and above the complete EMA structure, with the 9, 21, 50, 100 and 200-period averages maintaining a bullish alignment. Momentum is particularly strong, with RSI at 88.38, CCI at 129.87, Stochastic at 98.28 and ADX at 64.67; these readings demonstrate strong momentum but also place several oscillators in an extended zone that is important to observe. The immediate chart structure is now centred around the 1,467โ1,475 area, while the next reference levels are 1,504.67, 1,542.33 and 1,609.67.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results.
Kindly consult an appropriately SEBI-registered investment professional.
AUROPHARMA Bullish Expansion with Short Consolidation Breakout๐ฅ Aurobindo Pharma: Bullish Expansion with Short Consolidation Breakout
๐ MARKET STRUCTURE SNAPSHOT | NSE: AUROPHARMA | DAILY
Closing Price: 1,734.00
Core Trend: Uptrend
Market State: Bullish Structure / Momentum Expansion
Chart Pattern: Short Consolidation Breakout
Candlestick Pattern: Three Outside Up
Price Structure: Price has maintained a series of higher levels within the broader rising structure and is currently positioned near the upper boundary of the consolidation. The latest session closed at 1,734 with strong momentum and increased volume.
Technicals: Bullish
Volume: 1.21M vs 797.13K average โ approximately 1.52ร average
Moving Average Structure: Full Bullish EMA Stack
CPR & Market Structure: Bullish Zone โ Wide CPR
Next Session CPR: Wide โ Pivot 1,714.70 | Top 1,724.40 | Base 1,705.10
Model Reference: 1,734.00
Observation References: 1,847.00 | 1,960.10
Resistance References: 1,753.30 | 1,772.60 | 1,811.20
Support References: 1,695.40 | 1,656.80 | 1,637.50
๐ STWP EDUCATIONAL OBSERVATION
Aurobindo Pharma is displaying a constructive daily structure, with price trading above VWAP and all major EMAs while the 9/21/50/100/200 EMA sequence remains fully bullish. The latest session added 2.60%, taking the closing price to 1,734, while volume reached approximately 1.21M, around 1.52 times the average. Momentum indicators remain supportive, with RSI at 63.24, CCI at 161.31 and Stochastic at 100, although the Stochastic reading also places price in an extended momentum zone that warrants observation. The chart shows a developing symmetrical consolidation structure with price currently near its upper boundary, while the Three Outside Up annotation reflects the recent bullish price behaviour. The immediate technical references around 1,753.30โ1,811.20 and the support area around 1,695.40โ1,637.50 provide useful zones for studying how the structure develops.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results.
Kindly consult an appropriately SEBI-registered investment professional.
APLAPOLLO Large Symmetrical Triangle + Consolidation ๐ฅ APL Apollo Tubes: Testing the Upper Boundary of a Long-Term Consolidation
๐ MARKET STRUCTURE SNAPSHOT | NSE: APLAPOLLO | DAILY
Closing Price: 2,270.10
Core Trend: Uptrend
Market State: Bullish Expansion / Upper-Boundary Test
Chart Pattern: Large Symmetrical Triangle / Consolidation
Candlestick Pattern: Strong Bullish Candle
Price Structure: The chart shows a broad higher-low structure developing along the rising lower trendline, while the upper boundary slopes gradually downward from the earlier peak. Price has now advanced back towards this long-term upper boundary around 2,270, making the current zone technically significant.
Technicals: Bullish structure
Volume: 1.12M vs 711.96K average โ approximately 1.57ร average volume
Moving Average Structure: Full Bullish EMA Stack
CPR & Market Structure: Bullish Zone โ Narrow CPR
Next Session CPR: Wide โ Pivot 2,228.80 | Top 2,249.50 | Base 2,208.20
Model Reference: 2,270.10
Observation References: 2,502.10 | 2,734.10 | 2,966.00
Resistance References: 2,311.37 | 2,352.63 | 2,435.17
Support References: 2,187.57 | 2,105.03 | 2,063.77
๐ STWP EDUCATIONAL OBSERVATION
APL Apollo Tubes is currently positioned at an important technical area, with price returning to the upper boundary of a large symmetrical consolidation structure visible on the daily chart. The rising lower trendline has continued to support the broader higher-low formation, while the descending upper trendline has acted as the opposing boundary. The latest move has brought price to approximately 2,270, directly around this upper boundary, making the behaviour of price around this zone important from a chart-study perspective. Volume has increased to 1.12M, compared with an average of 711.96K, while price remains above VWAP and the major EMAs. The structure therefore shows improving momentum, but the chart is now at a clearly defined long-term resistance boundary where subsequent price behaviour can provide information about whether the consolidation continues or develops into a confirmed structural expansion.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results. Kindly consult an appropriately SEBI-registered investment professional.
ADANIPORTS Strong Expansion from Consolidation๐ฅ Adani Ports: Strong Expansion from Consolidation
๐ MARKET STRUCTURE SNAPSHOT | NSE: ADANIPORTS | DAILY
Closing Price: 1,824.00
Core Trend: Uptrend
Market State: Bullish Structure / Strong Price Expansion
Chart Pattern: No confirmed chart pattern
Candlestick Pattern: Bullish Marubozu
Price Structure: Price has moved above the upper boundary of the developing symmetrical triangle, with the dashboard showing Buyers Active, Sellers Weak and Bullish Structure. The session closed at 1,824.00 after a 4.93% rise, with price holding above VWAP and all major EMAs.
Technicals: Bullish
Volume: High Participation โ 4.15M vs 2.55M average
Moving Average Structure: Bullish โ EMA structure remains positively aligned
CPR & Market Structure: Bullish Zone โ NR7 Active
Next Session CPR: Wide โ Pivot 1,797.30 | Top 1,810.70 | Base 1,784.00
Model Reference: 1,824.00
Observation References: 2,062.10 | 2,181.20
Resistance References: 1,850.67 | 1,877.33 | 1,930.67
Support References: 1,770.67 | 1,717.33 | 1,690.67
๐ STWP EDUCATIONAL OBSERVATION
Adani Ports is showing a notable technical expansion after moving above the upper boundary of a developing symmetrical triangle, with the breakout accompanied by increased volume participation. The latest session recorded a 4.93% price expansion, while volume of 4.15M was approximately 1.62ร the average. Price remains above VWAP and the major EMA levels, with RSI at 64.04 reflecting positive momentum and the dashboard identifying a bullish structure. The 1,824.00 reference area is now close to the immediate resistance zone beginning at 1,850.67, while the projected next-session CPR around 1,784.00โ1,810.70 provides an additional reference area for studying subsequent price behaviour. The broader observation references shown on the chart are 2,062.10 and 2,181.20.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results. Kindly consult an appropriately SEBI-registered investment professional.
Testing ATH after 2 yearsIt is testing the ATH level once again after 2 years (a small attempt failed in June '26).
Considering the over all market conditions and the macro economic challenges we face, I would want the price to close above 1480 before me taking any position in this.
Also the SL in this case will be small (1345) and close by, since there is no point give it to much room to dance around. If it breaks out and sustains, then up is the only way forward.
Trailing the the price is best way forward, with profit booking at different levels (7% -10% -15%...)
--- --- ---
Obstacles do not block the path;
they are the path.
- A Zen saying.
ACUTAAS Symmetrical Triangle Compression Near Breakout Zone๐ฅ Acutaas Chemicals: Symmetrical Triangle Compression Near Breakout Zone
๐ MARKET STRUCTURE SNAPSHOT | NSE: ACUTAAS | DAILY
Closing Price: 3,440.30
Core Trend: Uptrend
Market State: Bullish Structure / Range Compression
Chart Pattern: Symmetrical Triangle โ Pre-Breakout Structure
Candlestick Pattern: Strong Bullish Candle
Price Structure: Price is trading above VWAP and all major EMAs, with the dashboard showing Buyers Active, Sellers Weak and Bullish Structure. The latest session closed at 3,440.30 after a 3.78% rise, with the price moving towards the upper boundary of the developing symmetrical triangle.
Technicals: Bullish
Volume: High Participation โ 521.5K vs 300.76K average
Moving Average Structure: Bullish โ Full Bull Stack
CPR & Market Structure: Bullish Zone โ NR4 Active
Next Session CPR: Wide โ Pivot 3,401.60 | Top 3,420.90 | Base 3,382.30
Model Reference: 3,462.00
Observation References: 3,741.70 | 4,021.50 | 4,301.20
Resistance References: 3,500.70 | 3,561.10 | 3,660.20
Support References: 3,341.20 | 3,242.10 | 3,181.70
๐ STWP EDUCATIONAL OBSERVATION
Acutaas Chemicals is currently showing a bullish structure within a developing symmetrical triangle, where the price has been compressing between a descending upper trendline and an ascending lower trendline. The latest session closed at 3,440.30, accompanied by a 3.78% rise and volume of approximately 1.73ร the average, indicating increased participation. Price remains above VWAP and the major EMA levels, while the full bullish EMA stack supports the broader trend structure. RSI at 58.35 reflects positive momentum without reaching an extreme zone, while the triangle's upper boundary and the 3,462.00 reference area remain important parts of the current chart structure. The projected next-session CPR around 3,382.30โ3,420.90 provides another reference zone for observing whether the compression continues or price expands from the existing range.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results.
Kindly consult an appropriately SEBI-registered investment professional.
Recent company filings also show a new pilot plant inaugurated at Unit-1 Sachin on September 4, 2026, and a patent-related filing dated September 10, 2026. These are separate from the technical observations above.
Electronics Mart India cmp 196.28 Week Chart since listedElectronics Mart India cmp 196.28 Week Chart since listed
- Support Zone 155 to 185 Price Band
- Resistance Zone 200 to 235 Price Band
- Cup & Handle by Resistance Zone neckline
- Volumes spiked heavily, now under avg traded qty
- 1st Resistance Trendline Breakout is very well sustained
- 2nd Resistance Trendline Breakout now been attempted
Dixon Technologies โ Chart Analysis - Rising channel breakdownRising channel breakdown :
Price has broken below the lower boundary of the ascending channel, indicating a change from the previous bullish structure to short-term bearish momentum. The breakdown is accompanied by continued selling pressure.
Current price: ~โน13,005
๐ด Bearish Setup
Sell-on-rise zone: โน13,400โโน13,700
Stop-loss: โน14,100
Target 1: โน12,500
Target 2: โน11,800
Target 3: โน11,500
The โน13,400โโน13,700 area can act as a breakdown/retest zone. A rejection there would strengthen the bearish setup.
๐ข Bullish Scenario
Avoid assuming a reversal just because RSI is near 31. A stronger bullish case would require:
Price to reclaim โน13,700โโน14,000 and sustain above the broken channel.
Then upside levels can be reassessed.
โ ๏ธ Important
RSI is approaching oversold territory, so a short-term bounce is possible, but oversold alone is not a reversal signal.
Rising channel breakdown :
๐ป Channel Breakdown: Dixon has broken below its rising channel, indicating bearish momentum. Watch โน13,400โโน13,700 for a possible retest/rejection. Below this zone, โน12,500 โ โน11,800 โ โน11,500 are key downside levels. A sustained reclaim above โน14,000 would weaken the bearish setup.
Disclaimer: This is my personal technical analysis for educational purposes, not financial advice. Do your own research, manage risk, and trade according to your plan.
WELCORP Bullish Expansion from Consolidation Zone๐ฅ Welspun Corp: Bullish Expansion from Consolidation Zone
๐ MARKET STRUCTURE SNAPSHOT | NSE: WELCORP | DAILY
Closing Price: 2,660.10
Core Trend: Uptrend
Market State: Bullish Structure / Strong Price Expansion
Chart Pattern: No confirmed chart pattern
Candlestick Pattern: Bullish Marubozu
Price Structure: Price is trading above VWAP and all major EMAs, with the dashboard showing Buyers Active, Sellers Weak and Bullish Structure. The latest session closed at 2,660.10 after an 8.12% rise, with the price moving close to the 2,678.70 reference area.
Technicals: Bullish
Volume: Above Average Participation โ 4.63M vs 3.69M average
Moving Average Structure: Bullish โ Full Bull Stack
CPR & Market Structure: Bullish โ NR4 Active
Next Session CPR: Wide โ Pivot 2,603.80 | Top 2,631.90 | Base 2,575.60
Model Reference: 2,678.70
Observation References: 3,123.80 | 3,569.00
Resistance References: 2,735.00 | 2,809.90 | 2,941.10
Support References: 2,528.90 | 2,397.70 | 2,322.80
๐ STWP EDUCATIONAL OBSERVATION
Welspun Corp is showing a strong bullish expansion within its broader upward structure, with price positioned above VWAP and all major moving averages. The latest session recorded an 8.12% price expansion with above-average volume of 4.63M, indicating increased participation during the move. The full bullish EMA stack supports the developing trend structure, while RSI at 64.87 reflects strong momentum without entering the extreme zone shown on the dashboard. Price is now approaching the 2,678.70 reference area, making this an important level for studying subsequent price behaviour. The projected next-session CPR of 2,575.60โ2,631.90 also provides a useful framework for observing whether the current price structure continues to maintain its strength or begins to consolidate.
๐ STWP EDUCATIONAL NOTE
This content is provided strictly for educational and informational purposes only.
The information presented should not be construed as investment advice, research advice, financial advice, a recommendation, solicitation or an offer to buy, sell or hold any security.
Technical analysis and historical price behaviour cannot guarantee or predict future market performance. STWP and the author make no representation or guarantee regarding future price movements, returns, performance or outcomes. Past performance is not indicative of future results.
Kindly consult an appropriately SEBI-registered investment professional.
Algoquant Fintec โ Weekly | Breakout Above โน71Stock has been basing since early 2026 and just broke above the โน71 resistance level on the weekly chart with increasing volume.
Key levels:
Breakout level: โน71
Watch for: weekly close and hold above โน71
Invalidation: back below โน65
Fundamentals backing it โ 1Y profit +271%, ROE 24.84%, low debt.
Not a tip. DYOR.
Nifty Has Fallen for 6 Straight Weeks. Can 23,000 Hold?Six weeks.
Six consecutive weeks of decline for the Nifty 50.
Last week, the index slipped another 0.22% to close at 23,346.
But there is an interesting part of the story.
Despite the continued decline, India VIX fell 7.32% to 11.39%, suggesting that volatility expectations remain relatively contained.
So, what is the market telling us?
The bigger picture
Nifty is still moving inside a broad range.
However, in the short term, sellers have been gaining control, with the index forming lower highs and lower lows.
That leaves us with a few important levels that could decide the next move.
The levels that matter
๐ด 23,500 to 23,600 | Immediate resistance
A move back above this zone could support a broader technical rebound.
๐ด 24,000 to 24,100 | Strong resistance
This is the next major hurdle on the upside.
๐ข 23,300 to 23,200 | Immediate support
This is the first area to watch if selling pressure continues.
๐ข 23,000 to 22,900 | Strong support
This is one of the most important zones on the chart right now.
A decisive break below 23,000 could weaken the current structure further.
But the chart is not the only thing to watch
Two developments could influence the market this week.
September Flash PMI Data
PMI data will show how strong India's business activity is. Strong data could support the market, while weak data may keep investors cautious.
Crude Oil Prices
Crude oil remains important amid the West Asia conflict. Higher oil prices could increase inflation, pressure the rupee and raise costs for companies.
So, what should traders watch?
For now, there is no need to guess the direction.
The market has clearly defined levels.
Above 23,500 to 23,600: The rebound story becomes more interesting.
Between the key levels: The range could continue.
Below 23,000: The current structure could weaken further.
Until one of these levels gives way, a measured and stock specific approach may make more sense than taking an aggressive directional position.
The market does not always tell us what comes next.
Sometimes, it simply gives us the levels and asks us to wait.
The question for this week:
Will Nifty finally break its six week losing streak, or will 23,000 be tested first?






















