Descending Channel

ZINC: Pullback to Breaker Block-Watching for Trend Continuation MCX:ZINC1! Zinc Futures are retesting a previously respected breaker block, which aligns with an important support zone after a strong impulsive rally. The current decline appears corrective , forming a short-term falling channel while the broader market structure remains constructive. A sustained hold above the marked demand area, followed by a breakout from the channel, could indicate renewed bullish momentum. For now, the reaction around this support zone remains the key area to watch. Key Levels to Watch Immediate Support : Breaker Block / Demand Zone around ₹372–373 Major Support : Previous swing low near ₹368–370 Immediate Resistance : Falling channel resistance Major Resistance : Recent swing high around ₹379–380 Educational Note This setup highlights how breaker blocks, trend structure, and corrective channels can work together to identify high-probability areas where demand may re-enter the market. Waiting for confirmation before acting is generally more prudent than predicting the next move. Disclaimer: Shared for educational purposes only. This is not financial advice. Always wait for confirmation and manage risk appropriately.

by KingDoxa_trades

TATAELXSI: Descending Channel Meets 200-Month EMA Overview Tata Elxsi — one of India's premium technology and design services companies — has been in a significant correction since its all-time high of ₹10,760 in 2021. On the Monthly timeframe, a clear Descending Channel has formed, and price is now approaching a critical confluence zone where the Channel Lower Band meets the 200 Monthly EMA at ₹3,283. This analysis covers multiple timeframes to present a complete picture of where TATAELXSI stands structurally. The Descending Channel — Monthly View Since the ATH of ₹10,760 in July 2021, TATAELXSI has been declining within a well-defined Descending Channel — two parallel downward-sloping red lines containing every major swing high and low over the past 4+ years. The upper boundary has capped every rally attempt. The lower boundary has provided support at each major low. Price is currently sitting near the lower boundary of this channel at ₹3,678 — the most critical support zone within the channel structure. The Fibonacci Structure The Fibonacci retracement is drawn from the ATH of ₹10,760 (0) to the pre-rally base of ₹499 (1) — measuring the entire bull run. Key levels: 0.236 — ₹8,338 (broken) 0.382 — ₹6,840 (broken) 0.5 — ₹5,630 (broken) 0.618 — ₹4,419 (broken) Current price ₹3,678 — between 0.618 and 0.786 0.786 — ₹2,695 (next major Fibonacci support below) Price has already broken through the 0.618 Fibonacci level — a deep retracement that signals significant long-term correction. The Critical Confluence — Channel Lower Band + 200 Monthly EMA The most important observation on this chart is the approaching confluence of two independent structures: 🔴 Descending Channel Lower Band — the structural support within the channel, currently near ₹3,500–3,600 and declining 🟢 200 Monthly EMA at ₹3,283 — rising from below, approaching current price These two levels are converging toward each other in the ₹3,283–3,500 zone — creating a powerful confluence support area that price is approaching rapidly. (See Weekly chart below for a closer view of the channel structure) The EMA Context 📉 50 Monthly EMA at ₹5,534 — price is far below, acting as major resistance 📉 200 Monthly EMA at ₹3,283 — rising from below, approximately ₹395 below current price Price trading below the 50 Monthly EMA confirms the long-term bearish structure. The approaching 200 Monthly EMA represents the last major dynamic support on the monthly timeframe. The Weekly & Daily View — Zooming In The same Descending Channel is clearly visible on both the Weekly and Daily timeframes — confirming this is not just a monthly artifact but a genuine multi-timeframe structural pattern. Weekly View: Channel boundaries are sharper and more precise on the weekly 50 Weekly EMA at ₹4,877 — price well below, confirming medium-term bearish trend 200 Weekly EMA at ₹5,711 — acting as major overhead resistance This week's candle showing -8.67% — significant selling pressure accelerating the move toward the channel lower boundary Daily View: 50 Daily EMA at ₹4,784 — price trading well below 200 Daily EMA at ₹4,146 — also above current price All three timeframes (Daily, Weekly, Monthly) show price below all major EMAs — a rare triple EMA breakdown signaling strong bearish momentum The confluence is significant — when the same pattern appears on Daily, Weekly, and Monthly simultaneously, the structural significance multiplies. It tells you this is not random noise — it is a genuine long-term trend that demands respect. Key Levels 🔴 ATH / Pattern Origin — 10,760 🔴 50 Monthly EMA Resistance — 5,534 🔴 0.618 Fibonacci (broken) — 4,419 🟡 Current Price — 3,678 🟢 Channel Lower Band — ~3,500 (dynamic, declining) 🟢 200 Monthly EMA — 3,283 (critical confluence) 🟢 0.786 Fibonacci Support — 2,695 Two Scenarios 🟢 Scenario A — Confluence Holds Price reaches the Channel Lower Band + 200 Monthly EMA confluence zone (₹3,283–3,500) and finds strong long-term buyers. This would represent a historically significant support test — a potential major reversal zone for TATAELXSI. First recovery target would be the 0.618 Fibonacci at ₹4,419, then progressively higher levels. 🔴 Scenario B — Confluence Breaks Price breaks below the 200 Monthly EMA at ₹3,283 on a monthly closing basis. This would be a major structural breakdown — signaling a shift toward the 0.786 Fibonacci support at ₹2,695 as the next reference level. A monthly close below ₹3,283 would be historically significant for TATAELXSI. Beginner's Lesson — Why the 200 Monthly EMA Matters The 200 EMA on the Monthly timeframe is one of the most watched indicators by long-term investors and institutional traders. It represents the average price over approximately 16–17 years of monthly data — making it a genuine long-term trend indicator. When a quality stock trades below its 200 Monthly EMA, it typically signals one of two things: A deep value opportunity — if the stock recovers and reclaims the EMA A fundamental trend shift — if the stock continues declining below it This is why the approaching 200 Monthly EMA + Channel Lower Band confluence deserves close attention — the reaction from this zone will tell us which scenario is unfolding. Important: Monthly timeframe setups play out over months to years — this is not a short-term trade setup. Always combine technical analysis with fundamental research before making long-term investment decisions. Conclusion TATAELXSI is approaching one of the most significant technical confluences in its listed history — the Descending Channel Lower Band meeting the 200 Monthly EMA near ₹3,283. Whether this zone holds or breaks will define the stock's trajectory for years to come. Watch the monthly close carefully over the coming months — it will tell the next chapter. For educational purposes only. Not financial advice. Always manage your risk.

Where Breakouts Are Born: The Power of Trading Channels 📈 CHANNELS IN TRADING — FOLLOW THE PATH, NOT THE NOISE Many beginners spend months searching for the "perfect indicator." But experienced traders often focus on something much simpler: 👉 Price Structure One of the easiest ways to understand price structure is through Trading Channels. ━━━━━━━━━━━━━━━ 🚦 WHAT IS A CHANNEL? A channel is created when price moves between two parallel lines: 🔹 Upper Line = Resistance 🔹 Lower Line = Support Think of it like a road. As long as price stays inside the road, it follows the trend. When it leaves the road, a new opportunity may begin. ━━━━━━━━━━━━━━━ 🟢 ASCENDING CHANNEL ✔ Higher Highs ✔ Higher Lows 📢 Market Message: Buyers are in control. 💡 Idea: Look for buying opportunities near channel support and manage risk below it. ━━━━━━━━━━━━━━━ 🔴 DESCENDING CHANNEL ✔ Lower Highs ✔ Lower Lows 📢 Market Message: Sellers are in control. 💡 Idea: Look for selling opportunities near channel resistance. ━━━━━━━━━━━━━━━ ⚪ HORIZONTAL CHANNEL Price moves sideways between support and resistance. 📢 Market Message: Neither buyers nor sellers have full control. 💡 Idea: Buy near support. Sell near resistance. Wait for breakout confirmation. ━━━━━━━━━━━━━━━ ⚡ WHERE THE BIG MOVES HAPPEN When price breaks out of a channel: 📈 Above Resistance = Bullish Breakout 📉 Below Support = Bearish Breakdown But don't rush... ━━━━━━━━━━━━━━━ ❌ THE BEGINNER TRAP Not every breakout is real. Before entering, check: ✅ Strong candle close outside the channel ✅ Rising volume ✅ Retest of the breakout level Patience often saves more money than prediction. ━━━━━━━━━━━━━━━ 🎯 PRO TIP Channels become even more powerful when combined with: ✔ Volume ✔ RSI ✔ Market Structure ✔ Support & Resistance More confirmation = Better probability ━━━━━━━━━━━━━━━ 🧠 KEY LESSON Channels help answer 3 important questions: 1️⃣ Where can buyers step in? 2️⃣ Where can sellers react? 3️⃣ Where could the next breakout occur? Stop trying to predict every move. Learn to follow the path that price is already showing. 📌 Trade the structure. 📌 Respect the levels. 📌 Let price guide the decision. ━━━━━━━━━━━━━━━ Which channel do you trade most often? 🟢 Ascending 🔴 Descending ⚪ Range Bound 👇 Share your answer below.

by InvestyourAsset

KPRMILL: Weekly Descending Channel Breakout & Earnings Catalyst 1. The Macro Perspective: The Descending Channel Formation I am taking a LONG bias on K.P.R. Mill Limited (KPRMILL) on the macro weekly (1W) timeframe. When analyzing pure market structure on a textile sector leader, extended markdown phases often form classical corrective patterns before the primary trend resumes. Following a peak, the stock entered a prolonged structural correction, carving out a well-defined Descending Channel visible on the chart. This multi-month digestion phase allowed institutional capital to systematically accumulate shares at lower valuations. Fundamentally, this technical momentum is supported by their recent Q4 FY26 earnings report, where consolidated net profit jumped 11 percent year-on-year to ₹227.17 crore. Furthermore, their sugar business division demonstrated strong performance with a 10% YoY revenue growth. Documenting these classical accumulation bases makes the charting workflow highly repeatable and easy to understand for anyone analyzing momentum shifts. 2. The Educational Setup: The Channel Boundaries To understand the technical validity behind this macro launch, look closely at how the price structure interacted with its core boundaries: The Upper Resistance Trendline: The definitive line in the sand for a bullish structural shift was the solid black descending resistance line connecting the lower highs. This level established a dynamic supply zone that systematically capped upward momentum over the past year. The Lower Support Trendline: During the consolidation, buyers consistently stepped in at the lower bounds, forming a parallel descending support line. The price action oscillated cleanly between these two boundaries, gradually flushing out weak hands and building immense kinetic energy. 3. Current Price Action: Breakout and Volatility Expansion Look at the most recent weekly candle on the far right of the chart. The structural pressure cooker has officially exploded. Institutional buyers have stepped in with undeniable conviction. The stock printed a strong green expansion candle that has decisively obliterated the upper channel resistance, currently trading strong near 1,103.20. The stock has officially transitioned out of its macro corrective phase and into a highly explosive markup trend. Note: Always ensure your exchange's End of Day (EOD) data files have fully synchronized before confirming the final weekly close shape, as evening data shifts can occasionally alter the visual confirmation of these critical breakouts. 4. The Trade Plan: Entries, Targets, and Risk Management Entry Strategy: Macro momentum is exceptionally strong with the stock trading out in the open above the pivotal breakout line. Chasing an extended weekly breakout candle carries a minor risk of a lower-timeframe mean-reversion pullback. The highest-probability entry strategy involves waiting for the initial vertical excitement to cool off. Look to scale into long positions on a potential structural pullback to perfectly retest the broken descending trendline prior resistance zone. Letting old historical resistance prove itself as a concrete new support floor provides an unmatched risk-to-reward ratio. Take Profit (Targets): By utilizing a classical measured move strategy based on the width of the descending channel, we can project upside targets. Taking the approximate width of the channel (roughly 200-250 points) and projecting it upward from the breakout point, our primary structural macro target sits comfortably in the 1,300.00 to 1,350.00 zone over the coming months. Invalidation (Stop Loss): An explosive macro breakout thesis is completely invalidated if the price fails to hold its newly claimed structural support and collapses back inside the core of the channel boundaries. A hard stop loss should be placed safely below the recent lower-timeframe swing lows, specifically around the 940.00 to 960.00 level. A definitive weekly close completely back below 940.00 would act as a severe warning sign of a failed macro breakout and a major bull trap. 5. Time Horizon: Because this technical setup captures a clear structural phase transition and a major diagonal breakout on the 1-Week chart, this is a longer-term position trade designed to capture a rapid momentum markup phase over the coming weeks and months. Let the macro trend run!

by ParamjitMahapatro

Nifty - Initiated 4 Hours Descending Channel Hi All, Hope everyone doing well. Today move has created a new support to the channel which has already rejected twice. Market is not convincingly bullish yet, but showing some signs of recovery. If today's momentum continues then we may see channel high in couple of days or later the week at ~24200. Staying above ~24000 is key as of now to reach higher levels. On the contrary ~23200 is the immediate support at the channel low again. From there I am expecting to follow the pattern upper side. From my perspective, market will reach 24200 first and rejection from there will go to the channel bottom again which will be the initiation point for further upper side move and further pattern breakout. Note: Please consider this for purely educational purposes only. Do not take any trade without consulting your financial advisor.

Descending channel in 4 hours Hope everyone is doing well. Channel pattern has started on 15th April which is still following and market is within the range of this pattern. There was a slight deviation on 6, 7 and 8th of May month. From 11th May it has fallen again in the range. As of today, channel top has touched one more time and strongly rejected at ~23717. If the same pattern continues then we may see ~23000 first before breaking the pattern. Otherwise pattern breaks without touching it’s low then expecting retest at ~23694 for further ups till ~24336. Let’s see how it goes, personally I want it to break and retest so the bullish momentum can begin. Too soon to decide now let’s wait and watch the play. Please note this analysis is purely for educational purposes only. Do take your financial advisor before taking any trade.

IREDA – Descending Triangle Breakout | Early Reversal Setup IREDA has broken out of a descending triangle, signaling a potential shift from downtrend to early accumulation phase. RSI is reversing from oversold levels, while OBV has crossed above its SMA — confirming buying interest. AVWAP confluence (ATH, prior swing, listing zone) adds strength to the current structure. 🔹 Entry: 126–130 🔹 Stoploss: 112 🔹 Targets: 145 → 160 👉 Counter-trend, but strong risk-reward. 👉 Sustaining above AVWAP cluster will be key for trend transition.

4.700 — Will sellers hold the line or get wiped out?Asian session: Gold reacted sharply to Trump’s statement on Iran (Hormuz) → sell-off right after market open. Strong rhetoric, but no concrete action yet → market now shifts into consolidation, no clear direction. 👉 US session tonight: PMI release → potential volatility 👉 Next Asian session (tomorrow): deadline related to US–Iran → high-impact move expected 🎯 Key levels: Resistance: 4.700, 4.736, 4.799, 4.900 – 5.000 Support: 4.580, 4.555, 4.530, 4.480, 4.420 🧠 Insight: H4 structure remains bullish (not broken), but lower timeframe (H1) shows choppy consolidation. 👉 Primary plan: range trading between 4.580 – 4.700 ⚔️ Scenarios: Hold above 4.580 → bounce back to 4.680 – 4.700 Rejection at 4.700 → potential move back down Break & hold above 4.700 → continuation to 4.736 → 4.800+ Break below 4.580 → downside to 4.555 → 4.530 → 4.480 💰 Setups: Buy 4.555 | SL 20 | TP 1:2 – 1:5 Sell 4.700 | SL 20 | TP 1:2 – 1:5 Deep buy 4.475 – 4.480 | SL 20 | TP 1:1 – 1:3 ⚠️ Risk note: Higher timeframe (H4) still bullish, but intraday is uncertain & news-driven. 👉 Stay cautious, wait for confirmation — avoid early entries 👉 Do you think 4.700 will hold the sellers or get broken? 👉 If this helps, drop a like 🚀 and share your view!

Bearish Channel Continuation Overview The chart shows a transition from a consolidation range into a bearish trend after a key support breakdown. Once the support level failed, price shifted into a descending channel structure, indicating sustained selling pressure. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ Concept Support and resistance zones often define market equilibrium. When price consolidates within a range and eventually breaks below support, it signals weakness in market structure and the beginning of a potential downtrend. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ Chart Explanation 1. Range Formation – Price initially moves sideways between resistance and support, forming a consolidation zone. 2. Resistance Zone – The upper boundary acts as a supply area where selling pressure prevents further upward movement. 3. Support Breakdown – Price breaks below the support level, confirming a shift in market sentiment. 4. Bearish Channel Formation – After the breakdown, price forms a descending channel with lower highs and lower lows. 5. Continuation Structure – The channel reflects controlled pullbacks and continued bearish momentum. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ Observation The previous support zone may now act as resistance, while the descending channel structure continues to guide price lower. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ Summary The breakdown of the consolidation range triggered a bearish trend. As long as price remains within the descending channel, downside continuation remains the dominant structure ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ Disclaimer 📘 For educational purposes only. 🙅 Not SEBI registered. ❌ Not a buy/sell recommendation. 🧠 Purely a learning resource. 📊 Not Financial Advice.

by MarketAlgoBot

Bearish Descending Channel 🧭 Overview The chart highlights a clear bearish Descending channel defined by a consistent sequence of Lower Highs (LH) and Lower Lows (LL). This pattern reflects sustained selling pressure and confirms that sellers remain in control of the broader trend. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 📘Concept • Each rally forms a Lower High (LH) → When price moves up, it fails to break the previous high. This shows buyers are weak and unable to regain control. • Each decline forms a Lower Low (LL) → When price drops, it breaks below the previous low. This shows sellers are strong and pushing the market lower. • Repeated LH–LL structure → When this pattern continues, it confirms a clear downtrend with sustained bearish momentum rather than just a short-term correction. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 📊 Chart Explanation 1️⃣ The market initially forms a strong high, followed by a sharp rejection. 2️⃣ Price attempts to recover but creates a Lower High, showing weakening buying pressure. 3️⃣ Sellers regain control and push price to a new Lower Low. 4️⃣ This cycle repeats — LH followed by LL — confirming a downtrend . 5️⃣ As long as price continues forming Lower Highs and Lower Lows, bearish continuation remains the dominant bias. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 🔎 Observation • Repeated failure to break previous highs indicates distribution. • Momentum favors sellers while structure remains intact. • Any upside movement appears corrective unless structure shifts. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 📝 Summary The consistent formation of Lower Highs and Lower Lows confirms a strong bearish Descending channel . Until price breaks the LH sequence and forms a Higher High, the prevailing trend remains downward. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ ⚠️ Disclaimer 📘 For educational purposes only. 🙅 Not SEBI registered. ❌ Not a buy/sell recommendation. 🧠 Purely a learning resource. 📊 Not Financial Advice.

by MarketAlgoBot

Powergrid inside Perfect Descending Parallel Channel Pattern Powergrid seen travelling perfectly inside the descending channel pattern, taking perfect resistance and support at the channel (from April 2025 till now) Now seen at the perfect crucial point where it can either move bullish or bearish in the upcoming days Bearish view gets cancelled on getting past the red dotted line...till that we can't be bullish on Powergrid!!! Just add to the watchlist and let's watch how its going to move!!!! will update once the decider move occurs!!!! Just Sharing my view ...not a tip nor Advice!!! Thank you!!!

SMALL CAP INDEX Hello & welcome to this analysis The index appears to be ending a wedge pattern near an Ichimoku cloud resistance with future Kumo bearish. It also has a slanting channel upper trendline resistance approaching. The wedge would be considered broken below 17775, downside levels where it could then retrace to would be the Ichimoku Base line near 17400 and if that fails to hold it could further retrace till 16600 where it would form a Bullish Harmonic Gartley. The PRZ of the Gartley coincides with a gap up area and the slanting channel lower trendline. This bearish view would be invalid above 18150 All the best

by Dinesh_C_Nagpal

Siemens Down to Support zone??!!Siemens has been travelling inside a Ascending Expanding Channel Pattern(bold yellow line) from March 2025( making higher highs and higher lows ) Now it is in the down move to making a higher low (to support level) This down move is being done by market in the form of Descending channel pattern making lower highs and lower lows(shown as purple line) There is also a Head & Shoulders pattern ...which has given BREAKDOWN with Good Volume support (yesterday-13-10-2025) Siemens is looking to take support at 2900 levels(2920) SL can be bit choppy (either the high of Breakdown candle/high of right shoulder) Bearish view can be negated once the red dotted line breaks!!! Let's wait and watch!!! Thank you!!!! Just my view...not a tip nor advice!!!!

HAL - Trading Within Descending Channel 💹 Hindustan Aeronautics Ltd (NSE: HAL) Sector: Defence | CMP: 4526 View: Corrective Bias within Descending Channel | Early Mean-Reversion Attempt HAL continues to trade within a well-defined descending channel on the daily timeframe, with price respecting both the falling supply line and the lower demand boundary over multiple months, confirming a controlled corrective structure rather than trend breakdown. The recent test of the lower channel base near the 4200 zone has resulted in a reactionary rebound, forming a higher low on the immediate swing and indicating demand absorption at the channel bottom. The ongoing move reflects a mean-reversion attempt toward the channel midpoint, with price currently stabilising around the 4520–4550 region. Volume behaviour remains contained, suggesting structural repair rather than an aggressive trend reversal, and any meaningful shift from corrective to recovery would require sustained acceptance above the channel midpoint. From a support–resistance perspective, HAL remains below multiple overhead supply zones. Immediate resistance is observed near 4575, followed by 4623 and 4702, with the 4900–5000 zone acting as a major institutional supply area. On the downside, 4448 acts as the nearest short-term support, followed by 4369 and 4321, while the 4200–4250 zone remains the key daily accumulation band; a breakdown below this region would materially weaken the structure. Overall, price remains range-bound between reactive support and strong overhead supply, keeping the environment patience-driven. Momentum conditions are improving but still developing. The latest price action shows a decisive bullish candle alongside a favourable EMA structure shift, while volatility has begun to expand following prior compression. RSI remains in a healthy zone, trend strength is moderate, and the move is supported by above-average volume, indicating genuine participation rather than a low-quality bounce. Relative performance versus the benchmark remains positive, suggesting underlying leadership despite the corrective phase. From an STWP analytical framework, the level around 4544.90 is tracked purely as a reference derived from recent momentum expansion, while the 4340–4380 zone continues to act as the primary risk reference supporting the structure. On the upside, 4790–4950 aligns with prior supply reactions, with higher swing reference zones visible beyond 5130. Internally, sentiment remains constructive with an upward bias, strong but developing momentum, elevated participation, and higher risk due to proximity to reaction zones, reinforcing the need for structure-led observation over prediction. Derivatives data reflects a disciplined bullish bias, with call-side participation dominating near the ATM region and put positioning remaining defensive. Price–OI alignment, healthy liquidity, and moderate-to-low implied volatility favour controlled directional exposure, though continuation remains conditional on follow-through, given sensitivity to time decay near key levels. From a demand–supply lens, the 4429–4342.60 zone stands out as the key daily demand area preserving structural stability, while 4788–4857 remains the primary daily supply zone. Intraday demand is layered at 4426–4410.50 (strong), followed by 4393–4385, and 4367–4342.60 (strong). Intraday supply emerges at 4548–4584, with higher resistance near 4585–4601.90. Any healthy pullback would ideally retrace into these demand zones with price stability and contraction; sustained acceptance below the daily demand zone would signal structural weakness. Final Outlook: Momentum: Strong (Developing) | Trend: Upward Bias | Risk: High | Volume: High

by simpletradewithpatience

Classic Descending Channel With Clear Structural Levels The primary feature of this chart is the broad descending parallel channel marked by the orange lines, which frames the entire corrective phase in a neat, orderly manner. Price has repeatedly respected both the upper and lower boundaries, reinforcing the relevance of this channel as a dominant structure. A trend‑changing resistance line is drawn in white, connecting swing highs and visually separating the prevailing downtrend from any potential shift in behavior. This line serves as a clear reference for how price has reacted to supply zones within the channel, without implying any future breakout or directional bias. The red dotted line acts as an internal, hidden line derived from prior price interaction, helping to map out the internal rhythm of the move. Overall, the chart is intended purely as a structural illustration of how price respects channels and internal reference lines, without any forecast or trade signal.

by Averoy_Apoorv_Analysis

#ANGELONE: Big Swing Setup Inside Falling Channel #AngelOne | CMP: 2,793.40 Trading inside a falling channel , after a successful retest of the 1949–2022 breakout zone . Dips toward 2,341 can be considered. 🛡 Supports: 2133–2101 / 2022–1949 (Major Zone) 🚧 Resistances: 3285 / 3503 / 3896 (ATH) 🎯 Falling Channel Target post Breakout: ~4,900 (+77% from CMP) As long as 1,949 holds , structure stays bullish . Massive swing opportunity forming. 🔥 #AngelOne #FallingChannel #ChartPattern #CandlestickPattern #PriceAction #SwingTrading 📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.

by Stocks_Mario

VBL Looking Bearish??!!!VBL - On Weekly timeframe, Inverted cup&handle pattern and a breakdown visible!!! (shown below) On Dailytimeframe, VBL is travelling inside a Descending channel pattern making highs and lowerhighs...lows and lowerlows... SL & Target levels shown @ chart!!! Let's wait & watch!!! Thank you!!! Just my view...not a tip nor advice!!!!

47% Potential Upside in Route Mobile? Channel Reversal Analysis!Hello Everyone, i hope you all will be doing good in your life and your trading as well! In today's post, i have brought a very interesting reversal setup on Route Mobile Ltd. After spending over 2 years inside a falling channel , the stock has recently shown a sharp bounce right from the long-term channel support , which has held strong since 2022. Not just that, this bounce came with a strong volume spike , hinting at fresh buying interest. The current price action structure is clearly indicating a potential trend reversal from the lows. I have marked a Good Accumulation Zone between (1100-1030) , where smart money seems to have stepped in. If this setup works out, I am looking we can see good spike in coming few weeks, Please check chart above to know about the targets. To manage risk, I have kept a safe Stop Loss at 863 , which is approx 12% downside , while potential upside is over 47% . That gives us a solid risk-reward structure for positional traders. Technicals Match Fundamentals: Route Mobile is a strong player in global cloud communications, working with big names across the world. Long-term fundamentals remain stable, and the chart now supports a technical reversal. If you enjoy such chart-based trade setups backed by structure and logic, don’t forget to LIKE & FOLLOW for more. Disclaimer: This idea is purely educational. Please consult your advisor before investing.

by TraderRahulPal

Patanjali Foods Ltd (NSE: PATANJALI) technical chart breakdown.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: ₹1,747 Immediate Resistance: ₹1,783 (horizontal level) ₹1,818–₹1,835 zone (upper boundary of the falling channel) Break and sustain above ₹1,783–₹1,835 could trigger a trend reversal. Upside Targets Target 1: ₹1,830/Target 2: ₹1,904 Previous structural high Target 3: ₹2,011 Recent swing high Total upside from breakout: ~8.76% Support Levels ₹1,698 – Critical demand zone (green) ₹1,650 – Next strong support ₹1,570 – Long-term support base (green zone) Simple Explanation Patanjali Foods rebounded from a high-liquidity support area and is now showing signs of bullish recovery. A breakout above ₹1,783 could take it back to the ₹1,900–₹2,000 range. Risk is well-defined below ₹1,698. Watch for volume and price action confirmation near the upper channel. Like, comment your thoughts, and share this post Explore more stock ideas on the right hand side your feedback means a lot to me! Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.

TORNTPHARM Final Bearish move before bulls entry????Yesssss!!!! Chart patterns suggest me the above titled opinion... TORNTPHARM has been travelling in a Ascending Expanding channel pattern IN A BULLISH MODE MAKING SERIES OF HIGHER HIGHS AND HIGHER LOWS... (shown below) Inside the bullish pattern , it is now currently in the downward phase that too inside rectangular descending channel pattern making a SERIES OF LOWER HIGHS AND LOWER LOWS.... It's moving like a written script till now....let's wait and watch whether the director(market) has any twist in the script or not!!! This is just my opinion....not a tip nor advice!!!! Thank you!!!!!!!

USD INR Hello & welcome to this analysis USDINR topped out on 10th Feb @ 88 to see a sharp reversal all the way till 4th April when it formed a bullish Harmonic Deep Crab pattern @ 85 that too lead to a more sharper bounce back till 9th April when it formed a bearish Harmonic Reciprocal ABCD pattern near the top end of the slanting channel. From there we have witnessed yet another steep downward move which is currently resting at the lower end of the slanting channel. Failure to hold 84.45 - 84.35 could lead to a further downward move till 83.70 where it would attempt to form a bullish Harmonic ABCD pattern that could coincide with DXY bullish harmonic pattern near 95. So if you have exposure to currency for any reasons whatsoever - overseas trips, college fees, business, commodities trading, etc - this might be of help to you. Disclaimer - Not a trading advise, kindly do your study carefully before taking a decision

by Dinesh_C_Nagpal

Bearish Setup in Gold: Breakdown Confirmed with Strong Volume!Hey, what's up Traders! I’ve been watching Gold closely, and it seems like we’re seeing a descending channel setup. After hitting the top, it’s now testing the lower boundary. If Gold can't hold this support level, we could see a nice downward move. The entry range I’m eyeing is around 3275-3295 , with a stop loss just above at 3239 . 1st target : 3209 2nd target : 3160 Final target : 3120 The volume behind this move suggests we might see more selling pressure. If Gold breaks through the lower trendline, the downside move could gather more momentum. As always, let’s manage risk carefully, stay sharp, and watch the price action closely! Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions. If you found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.

by TraderRahulPal

Breakout Vinati Organics Ltd. (Daily Timeframe)Downtrend channel since August 2024. Well-established descending channel broken decisively on the upside. Breakout from the downward parallel channel, signaling potential trend reversal. Price closed above both the upper trendline and horizontal resistance (around ₹1,690–₹1,700). Immediate Resistance 1,690–1,700 is Broken, Next Resistance can be 2,309. Stock breakouts 1,690 resistance, now this resistance turned into support. Breakout Entry: Around 1,700–1,729 (current levels suitable for momentum buyers) Retest Entry: Ideal entry on pullback to 1,690 if price retests breakout zone SL: Below 1,650 Wait for a daily close above 1,730 for confirmation if entering late.

by RA_Dongre_Ji