RVNL might move UpsideWith market stabilizing , we might see sector rotation and a potential move in railways sector. These are the technical reason/logic to support it.
1) Higher High and higher low formation indicating UPSIDE momentum
2) Trading above 50 & 20 EMA
3) Gap Cover Pending
4) Volume increased in recent days
5) Higher TF in weekly Pole & flag pattern formation
6) Favorable Risk Reward
(Note: I am neither responsible for anyone's profit or loss nor I'm a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
Moving Averages
NIFTY Cup and handle in making (bullish swing + positional)Hello Everyone,
Nifty apot 24160-180 cup and handle pattern in making in 2 hours timeframe, also resistance around neear 24400-24550 breaking upside will give momentum of upto 24800,25000,26300++
RSI having strength and prices are taking support of EMA 200 and EMA50 once bullish cross done then there is long bullish trend possible is wasing peactalk and war situation.
oveall volume, strength supporting for bullish.
if situations worse then below 23800 it can be 23400,23000
WTI crude relief rally can go more down if pullback is faliedHello,
WTI crude crash 12% 101$ to 89$ and again bounce back to 96.50$ peace talk news drive the price t lower levels as there again US threghten about war if deal is not closed so its news driven market but now its taken resistance of EMA20 and there is bearish candle below 94.50$ we can see again sell off till 90, 85.50,80$ if curcumtances worse again then above 98$ we can see 104,107,112$
AS PER TEHCNICALS ITS LOOK WEAK/BEARISH NOW
RBLBANKThe chart is self-explanatory and is shared for educational purposes.
RBLBANK has recently delivered a strong breakout from a long-term consolidation range (rectangle pattern). The stock is consistently trading above its key moving averages, with the 50, 150, and 200-period lines showing a positive slope.
Following the breakout above the resistance zone, the price action suggests that previous resistance is now acting as a floor. With the RSI maintaining positive momentum, the upward trend appears likely to continue as long as it holds above the breakout level.
Adani Enterprises Swing Idea (Long)Adani has been accumulating for last 3 months expect it to move the advancing stage in upcoming weeks due to following reasons:
1) Double Bottom/W pattern Formation
2) Swing low are retested, Trendline are broken
3) Consolidation over last 3 months
4)Trading above 20,50 & 200 EMA on daily chart & weekly chart
5) Also a parallel channel break out
6) If switch to candle chart, there is pending exhaustion gap pending to
covered.
(Note: I am neither responsible for anyone's profit or loss nor I'm a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
Eid Parry Bullish reversal Setup Swing+positionalHello everyone,
Eid parry cmp 850-55 RSI oversold in higher timeframes while in lower timefram its RSI positive divergence corrected 61% fibbonacci from previous swing high of 1240 strong support zone near 780- 830 ...breaking 20ema on weekly above 880 can see upside monetum of 950,1040,1200++
NIfty Inverse Cup and handle pattern..Swing hello everyone,
Nifty spot 24000 got pullback rejection from 100ema resistance now below 23800-850 its looking to free fall till 23000 as previous gap was there and also if trend contunies to downside then its fibbo extention of 1.61% previous swing around 22900 overall bearish view in both smaller and higher timeframe. as peacetalk stall crude gaining 5-6% in 2 days indicataes more volatility ahead also FED rate decision is tommarow last 2 times its kept unchanged while before that 6 times were rate cut ..most probably this time rates can be hiked ...
overall its negative view till spot is below 24500.
NIFTY IT TCS infy wipro (Multiple supports) positionalHello Everyone,
NIfty IT spot 29150-60 at crucial support of monthly EMA 100 and support +trendline support with RSI oversold in every higher/lower timeframe.
expecting the bounce if support taken...32500,35000,40000 on positional views
TCS,INFY,WIPRO bullish reversals can expect.
NIFTY Weekly UpdateNIFTY traded in the range of 23800-24600 for the last week, losing 1.87% compared to the previous week. Given the uncertainty still persists wrt US-Iran war, and high crude oil prices, I expect market to trade in the range of 23800-24800(200DEMA) for this week. If there is any positive news on the war front, market can gain momentum to go towards 25000 levels. On the other hand, 23600 can act as good support level considering it as a last swing low.
Let me know your thoughts. DYOR
NIfty Weekly Pullback retest of multiple trendlines/support/EMAHello everyone,
sharp bounce from 22200 to 24500 nifty covered more than 10% from previous low on the news of peace talk in IRAN US ongoing war concern. it exactly retested previous brekdown level or trendline and the support line of 24500-600 also EMA 100 on daily and weekly timeframe. as ceasefire time over again the issues started nifty correted 3% from 25600 in last week,
now there is range of 23500-600 on lower side and 24800-25000 upperside this are the range are strongest breaking either side will give momentum to that particular direction.
if war issue escalte again then we can expect nifty again breaking and making new low upto 22800-22000-21000 and below if things gets resolved then can be expeted the sharp rally above the 24500 only. RSI indicating weakness in nifty price is still below the bigger EMA lines on higher timefram.... and this pullback can be used for sell on rise in bearish trend going to continue. also nifty retrace around 61% from the previous swings that gives hint that can expect the downside.
also in previous post uploaded the selling in nifty can expect attached.
Nifty50 EMA 200 Bearish pullback tetestHello everyone,
as shown in chart nifty at 24400 retrace 61% from previous swing low at the same there is 200EMA resistance nifty range 24400 and 24000 crucial for upcoming momentum as US iran Ceasefire from last couple of week market bounce aroud 10% from the low 22182 to 24400.
pullback failure and breaking range below 24000 along with any geopolitical conflict may lead to again at lower levels towards 23000,22000,21000.
while sucessfull peacetalk ...ceasefire going to end 22nd april may lead fresh upside momentum for 25000,25500,26000.
view is bearish.
WALCHANNAG | Bullish Breakout IdeaThe stock has delivered a strong breakout from a long-term descending trendline on the daily chart. This move is backed by a solid bullish candle and a noticeable volume spike, confirming strong buyer conviction. Additionally, the price has confidently crossed above the 50-day SMA and is currently trading above the immediate horizontal resistance zone around the 182.75 level. As indicated by the drawn trajectory, if the stock sustains this breakout—potentially after a minor retest of the support zone—we could see fresh upward momentum. It looks like a very solid setup for a swing trade.
Keep it on your radar!
BTCUSDT 1H
Conversation with Gemini
Based on the 1-hour Bitcoin (BTC/USDT) chart you’ve shared, you are looking at a long position setup at a critical support level. Here is a breakdown of the technical elements visible:
1. Market Context & Support
The price has undergone a sharp correction from the $73,600 resistance area and is currently testing a historical demand zone (the purple horizontal box).
Support Level: You are entering near $70,942. This area acted as a "launchpad" earlier in the week (around the 8th and 9th), which makes it a high-interest area for buyers.
Current Action: The price is showing some stabilization at this level, though the preceding downward candles were quite aggressive.
2. Trade Parameters (Long Position)
Your "Long Position" tool (the green and red box) suggests the following strategy:
Entry: Around $70,942.
Target (Take Profit): Approximately $73,600. This aligns with the previous swing high, aiming for a retest of the major resistance line.
Stop Loss: Placed just below the recent wick lows at approximately $70,800 - $70,700.
3. Technical Considerations
Moving Averages: The price is currently trading well below the purple moving average, indicating strong short-term bearish momentum. For this trade to succeed, you'll want to see the price reclaim that average as support.
Risk/Reward: Your setup shows a very tight Stop Loss compared to a large Take Profit. This offers a high Risk-to-Reward Ratio, but it also means there is a high probability of being "wicked out" if Bitcoin experiences one more quick dip before moving up.
IPCA Labs(Weekly): Critical Confluence at 50/100-WMA SupportIPCA Laboratories is currently testing a significant structural inflection point on the weekly timeframe. Price action is hovering at the convergence of the 50-Week and 100-Week Moving Averages (1,420 - 1,450 range). The resolution of this test will dictate the primary trend for the medium term, presenting two distinct, actionable scenarios.
Technical Context:
The 50-WMA and 100-WMA historically act as heavy dynamic support during primary uptrends. The stock is currently compressing at this confluence, requiring a definitive weekly close to confirm directional bias.
Scenario A: Bullish Continuation (Support Defended)
If buyers successfully defend this moving average confluence, the primary uptrend remains intact, setting up a continuation trade.
Thesis: Support holds, initiating a new impulsive wave upward.
Trigger: A strong, bullish weekly close above the 50-WMA and 100-WMA confluence.
Targets: Retest of structural resistance at 1,624 (Point X), followed by the All-Time High at 1,755.
Invalidation (SL): A close slightly below the 100-WMA or the recent structural swing low.
Scenario B: Bearish WXY Correction (Support Fails)
A breakdown below this major support confluence signals structural weakness and opens the door for a deeper macro correction.
Thesis: Failure to hold the 50/100-WMA confluence initiates a WXY double combo correction.
Trigger: A decisive weekly close below both the 50-WMA and 100-WMA.
Targets: Initial downside target at 1,168 (Wave W low). A sustained break below this level exposes the 1.0 Fibonacci extension at 1,036, which aligns with the deeper 200-WMA.
Invalidation (SL): A close back above the 50-WMA.
Summary:
Directional bias is currently neutral pending a weekly close. Market participants should wait for candle confirmation to dictate entry and adhere strictly to defined invalidation levels to manage downside risk.
Disclaimer: Pleae DYOR. Not a buy/sell recommendation. Educational only.
GMDC (Gujarat Mineral Dev Corp) — Positional Breakout SetupNSE:GMDCLTD
CMP: ₹582
Structure: Range → Accumulation → Potential Breakout
Trade Setup
Buy Zone: ₹580 – ₹600
Breakout Confirmation: Above ₹600 (closing basis)
Target Zones:
₹630 (short-term)
₹650 (swing)
₹680+ (positional)
🔻 Stop Loss: ₹540 (below structure support)
Risk Factors :
Rejection near ₹600 may lead to range continuation
Breakdown below ₹540 → setup invalid
NIFTY Monthly UpdateNIFTY has lost ~11% during March amid all the geopolitical tensions, which raised the concerns for oil and gas shortage in the country, sue to the closure of Straight of Hormuz. The depreciating rupee, rise of fiscal deficit fears emerging from excise duty cut to OMCs and inflation concerns provided no respite to the FII selling even though the valuations are comfortable.
For the coming month, I expect the market to trade broadly in between 21800-24000. The previous swing high of 23465 is an important level to watch out for the upside move. A breach of this, could fuel the rally to 23870 levels (78.6% fibonacci level as well), and 24400 (30 WEMA and 200 DEMA) beyond this.
On the other side, march low of 22280 is an important level to watch out for. Any breach of this, could take NIFTY to 21800 levels (near 61.8% fibonacci level).






















