Education
Technical AnalysisCore of Technical Analysis
Technical Analysis is the study of past price movements, volume, and market trends to predict future price direction.
3 Main Principles:
Market Discounts Everything
All news, emotions, and fundamentals are already reflected in price.
Prices Move in Trends
Markets usually move in uptrend, downtrend, or sideways trends.
History Repeats Itself
Human psychology creates repeating chart patterns.
Key Tools:
Charts (Candlestick, Line, Bar)
Support & Resistance
Trendlines
Indicators (RSI, MACD, Moving Averages)
Volume Analysis
Patterns (Head & Shoulders, Double Top, Triangle)
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Education
Trading Masterclass #1Institutional trading means trading like hedge funds, banks, prop firms, and professional desks. They do not trade based on emotions, random tips, or gambling. They use systems, probabilities, risk control, position sizing, discipline, and psychology.
Retail traders often lose because they focus only on “entry.” Institutions focus on:
Risk Management
Capital Protection
Position Sizing
Probability
Psychology
Consistency
Repeatable Edge
In options trading, if you think like institutions, your results can improve significantly
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Nifty 50 Technical AnalysisTrend: Bullish above 24,000
Immediate Support:
24,050–24,000 (first demand zone)
23,900–23,850 (strong support)
23,700 (major swing support)
Resistance:
24,200 (immediate hurdle)
24,400 (breakout level)
24,600–24,700 (next upside target)
Trading Plan
Bullish Scenario
Sustain above 24,200 → Targets 24,400 → 24,600 → 24,750
Bearish Scenario
Break below 24,000 → Targets 23,900 → 23,800
Closing below 23,800 would weaken the current bullish structure.
Key Levels
Level Price
Strong Resistance 24,600–24,700
Resistance 24,400
Immediate Resistance 24,200
Current Pivot Zone 24,050–24,100
Immediate Support 24,000
Strong Support 23,900
Major Support 23,700 
Short
26th Jun 2026 - Nifty Report — Just +42pts with Doji CandleNifty Stance: Flattish with Bullish Tone
Last report, we said Nifty is again consolidating with a slight bullish tone, and guess what, we only climbed 42pts (0.18%) this week. If you look at the 15-minute chart, you can see that Nifty has been in a tight range of 24192 and 23793 since 15th June. But the most important aspect is that it has defended the 24000 psychological level very authoritatively.
Nifty is really testing the patience of the trend traders because, since April 2026, we have only witnessed chopiness and range-bound moves. Periods of consolidation like these are times when a lot happens beneath the surface, but nothing is visible in the headline index. For example, many small- and midcap stocks have caught up; a few are above their 200 DMA, indicating a strong bullish comeback. Almost all the stock screeners are screaming buy recommendations on these lesser-known stocks.
This is exactly how the Nifty and Sensex move: they run ahead first, then wait for the smaller stocks to catch up. And then, Nifty and Sensex take the next leap. Although we cannot say with conviction when the next run will come, conditions are looking extremely favorable.
ADX is at 15.43 (less than 20), showing flattishness. The EMAs have crossed twice this week, confirming a weak directional trend.
Important Things to Watch for the Next Week
1. Data points to watch from a domestic perspective: Industrial Production, Manufacturing Output, Foreign Debt, Fiscal Deficit, GST Collections, and Forex Reserves.
2. Data points to watch from a global perspective: UK GDP, Eurozone CPI, US PMI, Crude oil Inventories, Unemployment Rate. The US market will be on holiday on the 3rd of July for Independence Day.
3. IPO Listing: Turtlemint Fintech Solutions on 29 June, Waterways Leisure Tourism on 30 Jun, Shreedhar Spinners, Advit Jewels & Jul Jivial Industries on 01 Jul.
4. If Nifty moves up, the resistance levels are 24192, 24335, and 24425. If Nifty falls, the support levels are 23925, 23793, and 23357. This is the same as last week, since we did not break any SRs.
DISCLAIMER
Investments in the securities market are subject to market risks, including the potential loss of principal. Past performance does not guarantee future results. Information provided is for educational purposes only and should not be considered financial advice. Investors should read all related documents carefully and consult a certified advisor before investing. Registration granted by SEBI and Enlistment with RAASB/BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The investor is requested to take into consideration all the risk factors before actually trading in stocks or derivatives. The SEBI RIA license INA000021757 & RA license INH000025045 are for Balachandran RV
The Core Logic of Pullback Trading !Stop Chasing Candles — Wait for the Pullback 📉📈
Most beginners enter trades at the worst possible place.
They see a strong green candle.
They feel FOMO.
They hit BUY near the top.
Then price pulls back.
Now the same trader panics, exits early, and watches the market move again without them.
This is one of the most common beginner mistakes.
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🧠 What Professionals Do Differently
Professionals do not chase price.
They wait for price to come back to a logical level.
That level can be:
✅ Support zone
✅ Previous breakout level
✅ Trendline
✅ Moving average
✅ Demand zone
✅ Fibonacci retracement area
This temporary correction inside a trend is called a pullback.
A pullback is not always weakness.
Many times, it is simply the market taking a pause before continuing the main trend.
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📌 Simple Pullback Framework
1️⃣ Identify the Trend
In an uptrend, price should make:
Higher Highs + Higher Lows
In a downtrend, price should make:
Lower Highs + Lower Lows
⚠️ Without a clear trend, pullback trading becomes risky.
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2️⃣ Wait for Price to Return
Do not enter after a big impulsive candle.
Wait for price to come back near a logical area.
A good pullback usually comes near:
✅ Support in an uptrend
✅ Resistance in a downtrend
✅ 20 EMA / 50 EMA
✅ Breakout retest zone
✅ Trendline support or resistance
💡 Good traders do not run behind price.
They wait for price to come to their level.
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3️⃣ Look for Confirmation
Never buy just because price has fallen.
Wait for confirmation.
Examples:
✅ Rejection wick
✅ Bullish engulfing candle
✅ Bearish engulfing candle
✅ Break of minor structure
✅ Volume support
✅ Price holding the zone
⚠️ Confirmation helps you avoid catching a falling knife.
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4️⃣ Plan Entry, Stop-Loss and Target
For a bullish pullback:
🟢 Entry: After confirmation
🔴 Stop-loss: Below pullback low
🎯 Target: Previous swing high or next resistance
For a bearish pullback:
🔴 Entry: After confirmation
🟢 Stop-loss: Above pullback high
🎯 Target: Previous swing low or next support
This gives a cleaner trade setup with better risk-to-reward.
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📊 Why Pullback Trading Works Better for Beginners
Pullback trading helps you avoid emotional entries.
Instead of buying after price has already moved, you wait for value.
This can give you:
✅ Better entry
✅ Smaller stop-loss
✅ Cleaner risk-to-reward
✅ Less emotional pressure
✅ More disciplined execution
The goal is not to catch every move.
The goal is to enter only when price comes to your planned zone.
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⚠️ Important Warning
Not every dip is a pullback.
Sometimes a dip is the beginning of a reversal.
If price breaks the previous higher low in an uptrend, the structure may be changing.
If price breaks the previous lower high in a downtrend, the trend may be weakening.
Always check structure before entering.
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🧘 And Finally !
Beginners chase candles.
Professionals wait for levels.
The market will always create new opportunities.
You do not need to enter every fast-moving candle.
Wait for the trend.
Wait for the pullback.
Wait for confirmation.
Then execute with a plan. Education 
swing trading analysis for Mahindra & MahindraTrend
Primary Trend: Bullish
Price continues to trade in a long-term uptrend with higher highs and higher lows.
Any pullback toward major support can offer buying opportunities if bullish price action appears.
Key Support Levels
S1: ₹3,150–3,200
S2: ₹3,000–3,050
Major Support: ₹2,850–2,900
Key Resistance Levels
R1: ₹3,400–3,450
R2: ₹3,550–3,600
Major Breakout Zone: Above ₹3,600
Swing Trading Strategy
Buy on Pullback
Preferred Entry: ₹3,180–3,230
Stop Loss: Below ₹3,050
Breakout Buy
Entry: Sustained close above ₹3,600 with strong volume.
Stop Loss: Below the breakout candle's low.
Targets
Target 1: ₹3,450
Target 2: ₹3,600
Target 3: ₹3,800+
Technical View
Overall momentum remains positive while price stays above the major support zone.
Rising volumes on breakouts improve the probability of continuation.
If the stock closes below ₹3,000, the bullish structure would weaken and a deeper correction becomes more likely.
If you upload a TradingView screenshot of Mahindra & Mahindra, I'll mark:
Support & resistance
Buy zone
Breakout level
Targets
Stop-loss
Demand and supply zones
Trend direction Axis Bank – Swing Trading LevelsCMP: ~₹1,365–1,380
🟢 Support Zones
S1: ₹1,355–1,360
S2: ₹1,340–1,345
Major Support: ₹1,315–1,325
🔴 Resistance Zones
R1: ₹1,380
R2: ₹1,400
R3: ₹1,430–1,450
Trading Plan
Buy on dips: ₹1,355–1,365
Stop Loss: ₹1,338 (daily closing basis)
Targets:
🎯 T1: ₹1,400
🎯 T2: ₹1,430
🎯 T3: ₹1,450+
Chart View
✅ Higher High & Higher Low structure intact.
✅ Price trading above 20 & 50 EMA.
✅ Momentum remains positive.
⚠️ A breakout and close above ₹1,380 can trigger the next leg of the rally toward ₹1,430–1,450.
Upload your Axis Bank TradingView chart (same as you did for ICICI/HDFC), and I'll create it in your saved style:
White TradingView background
Green support & red resistance zones
Trendlines and arrows
All text kept inside the chart only
No boxes
Clean, minimal annotations exactly like your previous charts. Larsen Support: 4,180–4,190
Major Support: 4,140–4,150
Buy above: 4,205 (hourly close)
Resistance: 4,230 → 4,245 → 4,260
Targets: 4,230 / 4,245 / 4,260
Stop Loss: 4,180
Trend: Short-term bearish, reversal possible above 4,205 Gold Recovery Faces Strong Resistance Below $4,100Gold has bounced from below the $4,000 level, but the broader trend still favours sellers. The current move looks more like a relief rally, with the $4,080–4,100 area likely to become the next major resistance.
The macro backdrop remains supportive for the US Dollar, and unless gold breaks above resistance with strong momentum, rallies may continue to attract fresh selling.
Trade Setup:
Sell Zone: $4,080 – $4,100
Stop Loss: $4,140
Take Profit 1: $3,980
Take Profit 2: $3,940 
Short
XAUUSD: Weekly Downtrend Holds, Buyers Still Need to Prove XAUUSD: Weekly Downtrend Holds, Buyers Still Need to Prove Strength
Market Context
Gold sellers returned strongly into Friday, with price still trading near the weak low area after a heavy bearish week. Even though Fed rate-hike expectations have cooled, the US Dollar continues to attract safe-haven demand as global risk sentiment remains fragile and tensions around Hormuz stay in focus.
Across the week, gold remained under pressure. The market failed to build a strong recovery from the upper zones and kept forming lower highs, showing that sellers are still controlling the broader short-term structure. With RSI moving back into bearish territory on the daily chart and the market waiting for a possible Death Cross confirmation, the recovery attempt still looks weak unless buyers reclaim key resistance.
Technical Structure
Gold is currently trading around 4,008 after reacting from the weak low reaction zone. The chart shows a clear bearish structure from the start of the week, with multiple BOS signals confirming downside continuation.
The main story is simple: gold is trying to bounce from the floor, but buyers have not confirmed control yet. The first important level above is 4,037. If price cannot reclaim and hold above this level, the recovery may fail quickly.
The stronger reclaim zone sits around 4,082 - 4,098. If gold breaks above this zone and holds, a corrective rebound may extend toward 4,120 - 4,140. However, as long as price remains below the higher reaction zones, the main trend is still bearish.
If the current weak low reaction zone fails, the downside pressure may return toward 3,950. A clean break below that area would confirm that sellers are still fully in control.
Key Levels
Current Price: 4,008
Weak Low Reaction Zone: 3,960 - 4,000
First Reclaim Level: 4,037
Major Reclaim Zone: 4,082 - 4,098
Recovery Fade Zone: 4,120 - 4,140
Higher Key Reaction Zone: 4,300 - 4,320
Strong Seller Zone: 4,360 - 4,380
Bearish Continuation Target: 3,950
Trading Plan
Buy Scenario: Corrective Rebound
Entry: Above 4,037 after bullish confirmation
Stop Loss: Below 3,980
Take Profit 1: 4,082
Take Profit 2: 4,098
Take Profit 3: 4,120 - 4,140
Conditions: Price must hold above the weak low reaction zone. Buyers need to reclaim 4,037 with strength. A bullish CHOCH or clear rejection should appear on the lower timeframe. Price must not fall back below 3,980 after the breakout. This is only a corrective rebound setup, not a full trend reversal.
Sell Scenario: Trend Continuation
Entry: Below 3,980 after confirmed breakdown and retest
Stop Loss: Above 4,037
Take Profit 1: 3,960
Take Profit 2: 3,950
Take Profit 3: 3,920
Conditions: Price breaks below the current weak low reaction zone. The retest of the broken level fails. Bearish momentum continues after the breakdown. Price remains below 4,037. Sellers continue to create lower highs and keep the weekly bearish structure intact.
Alternative Sell Scenario: Sell From Recovery Zone
Entry: 4,082 - 4,098 after bearish confirmation
Stop Loss: Above 4,120
Take Profit 1: 4,037
Take Profit 2: 4,000
Take Profit 3: 3,950
Conditions: Price recovers into the major reclaim zone but fails to hold above it. Bearish rejection appears around 4,082 - 4,098. Buyers lose momentum after the retest. Market structure remains bearish and price stays below the broader recovery fade zone.
Overall Bias
The weekly trend remains bearish. Gold has spent the week moving lower, breaking structure, and reacting weakly from the lower zone. Buyers are trying to defend the floor, but they still need confirmation above 4,037 and 4,082 - 4,098 to prove strength.
If price holds the current reaction zone, a short-term corrective rebound can still develop. But if gold fails below 3,980, the next bearish move toward 3,950 may continue.
For now, the best approach is to wait for confirmation around 4,037 and 3,980 instead of chasing price in the middle.
What do you think — will gold reclaim 4,037 for a corrective rebound, or will sellers break the floor and push price toward 3,950?
Long 
Short
ETHUSD Weakens Below $1,600 as Sellers Stay ActiveEthereum has lost the key $1,600 area, and the latest price action still favours sellers. The market is sliding lower after every weak recovery, which suggests buyers are not strong enough yet to reverse the trend.
Crypto sentiment also remains under pressure due to tech-sector weakness, large liquidations, and a stronger US Dollar driven by hawkish Fed expectations.
Trade Setup:
Sell Zone: $1,590 – $1,620
Stop Loss: $1,665
Take Profit 1: $1,500
Take Profit 2: $1,450 
Short
Short 
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