Community ideas
Momentum Continuation / VCP-style Consolidation Near HighsArvind has established a strong uptrend after a powerful advance from the ₹390–400 region. Following the sharp expansion, the stock has undergone a series of controlled pullbacks and consolidations near the upper end of the trend. The recent contractions have become progressively tighter, while price continues to hold near the recent highs.
The current structure is constructive for a momentum continuation trade. A decisive breakout above the ₹590–600 resistance zone could signal another expansion phase, particularly if supported by strong volume and continued relative-strength leadership.
Technical Observations
Strong Prior Expansion: The stock delivered a powerful advance from the ₹390–400 region, establishing a clear bullish trend and strong momentum.
High-Level Consolidation: Instead of giving back a large portion of the prior move, price has continued to consolidate near the upper end of the range, indicating healthy demand.
Progressive Contraction: Recent pullbacks have become smaller, with contractions of approximately 16%, 11% and 6%, suggesting declining selling pressure and improving price stability.
Higher Low Structure: Each correction has held above the previous major low, maintaining the sequence of higher highs and higher lows.
Momentum Continuation: Price is approaching the upper boundary of the recent consolidation and is showing renewed buying interest.
Relative Strength: Relative strength remains firmly positive and has recovered from the recent dip, indicating continued outperformance.
Volume Behaviour: The major advance was accompanied by strong volume expansion. A fresh breakout above resistance would be stronger if accompanied by renewed volume expansion.
Breakout Potential: The ₹590–600 region is the key near-term resistance. Clearing this area would provide confirmation of the next momentum leg.
Key Levels
Immediate Support: ₹550–560
Major Support: ₹520–530
Breakout Level: ₹590–600
Aggressive Entry: Above ₹600 with strong volume
Target 1: ₹640–650
Target 2: ₹680–700
Trade Plan
Aggressive momentum traders may consider entering only after a decisive breakout above ₹590–600, preferably accompanied by strong volume and a strong daily close. The objective is to participate in a confirmed continuation move rather than buying in the middle of the current consolidation.
A more favourable risk-to-reward opportunity could emerge if the breakout is followed by a controlled retest of the ₹590–600 zone, with former resistance acting as support.
For an aggressive breakout trade, a stop loss below the recent swing structure around ₹550–560 can be considered depending on position size. A wider stop below ₹520–530 would provide more room but would materially increase the capital at risk.
Summary
Arvind is displaying several characteristics of a strong momentum continuation setup: a powerful prior advance, progressively smaller pullbacks, higher highs and higher lows, strong relative strength and consolidation close to the highs.
The stock is now approaching a key decision point around ₹590–600. A decisive breakout above this zone with strong volume could trigger the next expansion phase toward ₹640–650 and potentially ₹680–700.
Caution: The stock has already appreciated substantially, so chasing a failed breakout carries elevated risk. The ₹590–600 zone remains the key hurdle and a breakout without volume confirmation could result in another rejection and consolidation. A sustained move below ₹550 would weaken the immediate bullish structure and increase the probability of a deeper pullback.
Disclaimer: Educational purpose only. Not a recommendation to buy or sell securities. Please manage risk appropriately.
XAUUSD — Sell the H1 Fibonacci RetestFundamental Analysis
Gold starts the new week with a mixed macro backdrop. Brent has fallen about 2% toward $101.7 as Saudi exports recover and hopes for diplomatic progress around the Iran conflict reduce immediate supply fears. Lower oil prices are also helping bond markets, easing some upward pressure on yields and providing short-term support for gold.
However, the Fed remains the larger headwind. After last week’s rate hike, markets now price roughly a 55% probability of another Fed hike in October, up from around 42.5% the previous week. The dollar also remains supported by the Fed’s hawkish stance.
Technical Analysis
On H1, XAUUSD is trading near 4,351 after repeatedly failing to extend above the 4,377–4,390 resistance area.
Price has now rotated back into the Fibonacci value zone. The main resistance sits around 4,356–4,367, where the 0.618 retracement, previous structure and the marked sell zone converge.
The short-term structure is losing bullish momentum after the earlier BOS. If price retests 4,356–4,367 and sellers defend the area, downside pressure could return toward 4,342, followed by the important 4,323 support zone.
A clean break below 4,323 would expose the deeper 4,260–4,270 demand zone.
Important Key Levels
4,389–4,410 — Major resistance / liquidity
4,377 — Short-term resistance
4,356–4,367 — Main sell zone
4,342 — Fibonacci support
4,323–4,333 — Main support zone
4,260–4,270 — Deep demand
Trading Scenario
Main Sell Setup
Entry: 4,356–4,367
Stop Loss: 4,382
Take Profit 1: 4,342
Take Profit 2: 4,323–4,333
Take Profit 3: 4,260–4,270
Sell Condition
Wait for price to retest the sell zone and show bearish confirmation. A rejection wick, bearish engulfing candle, failed reclaim above 4,367, or H1 close back below 4,356 may confirm renewed seller pressure.
A sustained break above 4,377–4,382 would weaken the immediate bearish setup.
Overall View
The H1 outlook is shifting toward a corrective bearish phase while price stays below 4,377–4,390.
The preferred plan is not to chase shorts near 4,350, but to wait for a cleaner retest of 4,356–4,367. A confirmed rejection could reopen 4,342, then 4,323, with 4,260–4,270 becoming the deeper objective if support fails.
Lower oil and yields may slow the decline, but continued Fed tightening expectations remain an important upside constraint for gold.
Do you expect gold to reject 4,356–4,367 before testing 4,323?
Nifty Intraday Analysis for 21st September 2026NSE:NIFTY
The enactment of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 empowers the US President to impose up to 100% tariffs on countries like India for importing Russian oil. Coupled with crude price surges driven by the ongoing Russia-Ukraine war and fresh Houthi-Saudi escalations, these geopolitical developments are sentimentally negative for the Indian market.
The index is near 23350 support and the index has strong resistance in the 23400 - 23500 range and if it breaks and sustains above this resistance range then the uptrend is expected to continue.
The upward movement may lead to 23550 – 23600 resistance range and if the index crosses and sustains above this level then may reach near 23800 – 23850 range.
On the contrary, The downward moment may drag the Index to 23150 – 23100 support range in downward momentum and if this support is broken then index may tank near 22900 – 22850 range.
Banknifty Intraday Analysis for 21st September 2026NSE:BANKNIFTY
The enactment of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 empowers the US President to impose up to 100% tariffs on countries like India for importing Russian oil. Coupled with crude price surges driven by the ongoing Russia-Ukraine war and fresh Houthi-Saudi escalations, these geopolitical developments are sentimentally negative for the Indian market.
The index is near 56500 resistance and if index sustains above this level then uptrend is expected to continue else index has support near 56000 level.
The upward moment may lead the Index to 57100 – 57200 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 57800 – 57900 range.
On the contrary, The downward moment may drag the Index to 55600 – 55500 support range in downward momentum and if this support is broken then the index may tank near the 54900 – 54800 range.
Finnifty Intraday Analysis for 21st September 2026NSE:CNXFINANCE
The enactment of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 empowers the US President to impose up to 100% tariffs on countries like India for importing Russian oil. Coupled with crude price surges driven by the ongoing Russia-Ukraine war and fresh Houthi-Saudi escalations, these geopolitical developments are sentimentally negative for the Indian market.
The index is near 25500 resistance and if index sustains above this level then uptrend is expected to continue else index has strong support near 25300 level.
The upward movement may lead the Index to 25750 - 25800 resistance range and if the index crosses and sustains above this level then may reach near 26050 - 26100 range.
On the contrary, The downward moment may drag the to 25250 – 25200 support range and if this support too is broken then index may tank near 24950 – 24900 range.
Midnifty Intraday Analysis for 21st September 2026NSE:NIFTY_MID_SELECT
The enactment of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 empowers the US President to impose up to 100% tariffs on countries like India for importing Russian oil. Coupled with crude price surges driven by the ongoing Russia-Ukraine war and fresh Houthi-Saudi escalations, these geopolitical developments are sentimentally negative for the Indian market.
The index is at 14500 resistance and index sustains above this level and 14500 Put writing increases than Call writing then uptrend will continue else 14500 will act as profit booking level.
The upward movement may lead the Index near 14650 – 14675 resistance range and if the index crosses and sustains above this level then may reach 14825 – 14850 range.
On the contrary, The downward moment may drag the index to 14350 – 14325 support range and if this support is broken then index may tank near 14175 – 14150 range.
XAU/USD | Buy TradeBased on my analysis, I’m looking for a bullish move in Gold. Here's my executed trade:
Entry = 4,362.18
SL = 4,328.18
TP = 4,437.70
Remember :-
* Move your SL to breakeven once the trade reaches 1:1.5 R.
* Aim for a minimum reward of 1:2 R.
* Don't risk more than 2% of your total margin.
Can BHEL be a Stock toLook out for???If we see that there is a flag pattern developed here.
RSI > 60
Flag isgetting Contracted in Break out Range.
Also, if we see on Monthly TIme frame, then it shows like Higher TIme Frame Break out.
So ideally it should retest the highlighted Dotted Blue Line and then move.
I am not SEBI Registered Analyst.
Post is completely and strictly for Educational Purpose only.
XAUUSD Long### XAUUSD — Multi-Timeframe Long Setup
**Higher Timeframes:**
The daily and 4H structure shows that Gold has been in a corrective decline from the recent highs, but price has now reached a significant lower support area around **4,340–4,350**. The recent selloff has started to lose momentum, followed by a strong reaction upward.
**1H:**
Price has established a clear reaction from the lower demand area and recovered back above **4,350**. The recent sequence shows buyers becoming more active after the rejection of lower prices.
**30M:**
The market formed a higher reaction from the **4,340 zone** and pushed back toward the previous intraday highs. I'm expecting a retracement rather than entering after the initial move.
Trade Plan
🟢 **Buy Limit:** 4,346.63
🔴 **SL:** 4,339.83
🎯 **TP:** 4,398.53
The idea is to buy the retracement into the recently defended area and target the **4,380–4,400 resistance region**.
**Invalidation:** A sustained move below **4,339.83** would invalidate the setup.
**Plan:** No chasing the current move. Let price retrace into the entry zone, then allow the higher-timeframe recovery to play out.
KAYNES TECHNOLOGY — Fibonacci SetupBias: Neutral-to-bullish above ₹3,556.
🟢 Long: Sustained breakout above ₹3,690–3,730
SL: ₹3,556
Targets: ₹3,878 → ₹4,118 → ₹4,812
🔴 Short: Rejection from ₹3,690–3,730 + breakdown below ₹3,556
Targets: ₹3,424 → ₹3,260
Key point: Price is testing the 0.618 Fib resistance (~₹3,689). Wait for confirmation rather than chasing the current move. RSI is recovering, supporting improving momentum.
Disclaimer: :
Educational & informational only. This is my personal technical analysis, not financial/trading advice or a buy/sell recommendation. Do your own research, manage risk, and never rely solely on this analysis. Levels and targets are illustrative and not guaranteed.
Always conduct your own research, verify live market prices, and consult a qualified financial advisor before making investment decisions.
Trade with logic. Risk with discipline.
Logic Trade Room
XAU/USD 4H — GOLD AT A CRITICAL BREAKOUT ZONEGold is trading around 4,352, with price pressing directly into the 4,358–4,366 resistance/trigger area. The chart shows a clear decision point: a confirmed 4H close above the trigger could open the path toward the previous swing high.
📊 Market Structure
Price has recovered strongly from the 4,240–4,260 area and formed a series of higher lows.
Current price is consolidating just below 4,358.69–4,365.57.
4,365.57 is marked as the 4H swing-low / bearish-order-block resistance base.
4,335 is the marked Golden Pocket / Fib 0.5 floor.
4,311–4,306 is the key downside invalidation/stop region.
🟢 Bullish Scenario
Trigger: 4H candle closes above 4,358.69.
If buyers successfully reclaim 4,358.69–4,365.57 and hold the breakout on a retest:
🎯 T1: 4,392.27 — Fib 0.786 / partial target
🎯 T2: 4,435.05 — previous swing high
The chart itself marks approximately 2.6R potential toward T2.
🔴 Bearish Scenario
If price is rejected from 4,358–4,366 and loses 4,335, bullish momentum weakens.
A deeper retracement could then expose:
🎯 4,311–4,306
🎯 4,282.34 — marked downside target / Fib 0.236
💡 Trade Idea
Long setup:
4,359.50 → confirmation above 4,358.69
T1: 4,392.27
T2: 4,435.05
Invalidation: below 4,311.04
Stop shown on chart: 4,306.00
⚠️ Key point: Don't chase the move inside the resistance. The cleaner confirmation is a 4H close above 4,358.69, followed by acceptance/retest.
BUY SETUP — HEROMOTOCOBUY ABOVE: 5,420
SL: 5,320
T1: 5,500
T2: 5,550
T3: 5,645
Analysis:
Price has broken above the 5,340–5,360 resistance/supply zone and reclaimed the PDH area, followed by bullish continuation. The breakout is holding above the previous range, supporting a long setup.
🟢 Entry: 5,420+
🔴 Stop Loss: 5,320
🎯 Target: 5,645
Risk management: Wait for confirmation/hold above the breakout rather than chasing a sharp candle. Maintain a predefined risk per trade.
Educational market analysis — not a guaranteed trade call.
ENGINEERS INDIA LTD. — Daily ChartBias: Bullish above ₹289.65
Price is approaching the Fib 1.0 resistance (₹289.65) after bouncing strongly from the 0.618–0.786 zone.
🔹 Entry: Above ₹290 on sustained breakout
🔹 Stop-Loss: ₹274
🔹 Targets: ₹300 → ₹315 → ₹333 (1.618 Fib extension)
🔹 Key Support: ₹274.65 / ₹262.85
🔹 Invalidation: Sustained move below ₹274 can weaken the bullish setup.
Setup: Breakout above ₹289.65 with volume can confirm continuation; avoid chasing before confirmation.
DISCLAIMER:
For educational and informational purposes only. This is my personal technical analysis, not financial or trading advice or a recommendation to buy/sell. Do your own research before trading. Markets involve substantial risk, and all levels, targets and setups are illustrative and not guaranteed. Trade with proper risk management and never rely solely on this analysis.
Trade with logic. Risk with discipline.
Logic Trade Room
MUTHOOTFIN_Inverse head and shoudersMuthoot Finance is currently showing a developing Inverse Head & Shoulders structure on the chart, indicating a possible transition from the prevailing bearish phase toward a bullish structure.
The pattern consists of a Left Shoulder – Head – Right Shoulder formation, with the neckline acting as the key resistance zone. A decisive breakout followed by a positive closing above the neckline would provide technical confirmation of the pattern and could signal a potential bearish-to-bullish trend reversal.
The current 50-period moving average remains relatively weak/downward-sloping, reflecting the earlier bearish structure. However, the recent price action is showing an improvement in momentum, and the moving-average slope appears to be attempting an upward turn. Sustained price strength above the neckline would further support this momentum shift.
Bullish confirmation: Positive closing above the established neckline, preferably supported by expanding volume.
Failure condition: Rejection from the neckline or a breakdown below the right-shoulder support would weaken the bullish setup and invalidate the reversal structure.
Important: A chart pattern is a technical probability, not a guarantee of future price movement. Breakout confirmation should be evaluated with price closing behaviour, volume and overall market structure.
Angel One: Multi-Year Breakout Retest & October Seasonal SetupAngel One has broken out of its multi-year descending trendline and is now completing a retest on the daily timeframe. After facing resistance near ₹360, the price pulled back in an orderly manner and found solid buying interest at the ₹285–₹295 base support zone. Candles are currently consolidating along this support shelf, indicating that sellers are losing momentum while long-term buyers defend the trendline breakout.
The broader setup aligns favorably with October seasonality, where capital market and brokerage firms typically witness elevated trading activity, higher festival-season volumes, and surges in retail participation. With downside risk clearly defined near the retest floor, a push above the immediate local hurdle of ₹315 will signal the start of the next upward leg.
Key Levels
Support & Buying Zone: ₹285.00 – ₹295.00
Breakout Trigger: Daily close above ₹315.00
Invalidation (Stop Loss): Daily close below ₹280.00
Target 1: ₹360.45
Target 2: ₹389.60
XAUUSD – Gold Holds Deep Support, 4,488 Is the Weekly Key XAUUSD – Gold Holds Deep Support, 4,488 Is the Weekly Key
Gold is starting the new week in a very important reaction zone.
Price is trading around 4,354 after recovering from the deep Fibonacci support area near 4,270 – 4,300. The chart shows that sellers pushed gold down aggressively earlier, but the downside move has started to lose strength around the lower support base. This reaction suggests that buyers are still defending the deeper structure, but the recovery has not fully confirmed yet.
The main market focus this week is geopolitical risk. New tension between Ukraine and Russia may keep traders cautious and support safe-haven demand. However, when geopolitical risk also strengthens the U.S. Dollar, gold can become more volatile because both assets may attract defensive flows at the same time. That is why the technical confirmation zones matter more this week.
Technical view:
Gold reacted from the deep Fibonacci support zone around 4,270 – 4,300.
Price is now holding above the short-term structure near 4,309.
The current trading area is around 4,354.
The nearest recovery resistance is around 4,400.
If buyers break above 4,400, the next target is 4,488.
The 4,488 zone is the main expansion target and the key resistance for this week.
A stronger bullish continuation would need price to break and hold above 4,488.
If gold fails to hold 4,309, the recovery may weaken and price can retest 4,270 – 4,300.
Key levels to watch:
Current price: 4,354
Short-term support: 4,309
Deep Fibonacci support: 4,270 – 4,300
First recovery resistance: 4,400
Main weekly target: 4,488
Major Fib extension zone: 4,600 – 4,640
Invalidation for recovery: below 4,270
Main scenario for this week:
If gold holds above 4,309 and builds a higher-low structure, buyers may try to push price toward 4,400 first.
A clean breakout above 4,400 would support continuation toward 4,488.
If 4,488 breaks with strong momentum, gold may extend toward the larger Fibonacci expansion zone around 4,600 – 4,640.
Alternative scenario:
If gold fails to hold 4,309 and breaks below 4,270 – 4,300, the bullish recovery setup becomes weaker.
In that case, the market may return to a deeper correction phase before buyers attempt another recovery.
Hannah’s view:
Gold is not fully bullish yet, but the reaction from deep Fibonacci support is important.
For me, the key this week is simple: buyers must defend 4,309 and reclaim 4,400. If they can do that, gold has room to continue toward 4,488. If the market fails below 4,309, the recovery may lose strength and price can return to the lower support base.
Main view: gold has recovery potential this week while 4,309 holds. The first target is 4,400, then 4,488. A breakout above 4,488 would open the larger upside path toward 4,600 – 4,640. No confirmation means no trade.
Do you think gold can break 4,488 this week, or will sellers defend the expansion zone again?
Premier Energies Ltd - 4H TF - Bullish Harmonic Reversal Setup## **Premier Energies Ltd – 4H Time Frame | Bullish Harmonic Reversal Setup**
📊 **Stock:** Premier Energies Ltd (NSE)
💰 **CMP:** ₹902.40
Premier Energies is showing a **Bullish Harmonic Reversal Setup** on the 4-hour timeframe. The ABCD structure has reached the **D point near ₹878**, where price is reacting from a key support zone after a sustained decline from the ₹1,070 region.
### **Technical Outlook**
* 🟢 Bullish Harmonic structure completed near **D**.
* 🟢 Major support / PRZ around **₹878–₹885**.
* 🟢 Price has started reacting positively from the D-point zone.
* 📈 Immediate resistance: **₹924–₹925**.
* 📈 Fibonacci resistance levels: **₹952 → ₹975 → ₹990–₹998**.
* 🔥 A sustained move above ₹925 could provide stronger confirmation of the reversal.
### **Potential Trading Plan**
* **Entry:** ₹880-900
* **Stop Loss:** Below ₹856
* **Target 1:** ₹924
* **Target 2:** ₹952
* **Target 3:** ₹975
* **Target 4:** ₹990–₹998
### **Key Levels**
**PRZ / Support:** ₹855–₹885
**Immediate Resistance:** ₹924–₹925
**Target Zone:** ₹975–₹998
**Major Invalidation:** Below ₹856
### **Risk Management**
A decisive 4H close below **₹856** would weaken/invalidate the bullish harmonic setup. For a safer entry, wait for price to sustain above **₹924–₹925** with improving momentum.
> **Conclusion:**
> Premier Energies is positioned near an important **bullish harmonic reversal zone** after a sharp correction. The **₹878–₹885** area is the key support to monitor. If buyers defend this zone and price breaks above **₹924–₹925**, the recovery could potentially extend towards **₹952 → ₹975 → ₹990–₹998**.
**Disclaimer:** This is a chart-based technical view for educational purposes only, not investment advice. Always use proper position sizing, confirmation, and strict risk management.
XAUUSD — Wave 5 Lower Toward 4,280
From Kelly’s view, gold is still trading inside a broader bearish structure. Price is currently around 4,352, while the recent rebound remains below the previous lower-high area near 4,380–4,395.
The key idea is simple: the current move may be completing a corrective Wave (4) around resistance, while the main structure still favors another bearish leg toward 4,320, 4,305, and potentially the 4,280 Wave (5) target zone.
⟡ Market structure
Gold continues to show a sequence of lower highs after failing around the 4,390 area.
The immediate resistance zone sits around 4,340–4,350, where the chart marks the projected Wave (4) sell zone. Price is currently testing this area, so the next reaction becomes important.
If sellers defend this zone and price breaks back below 4,320, bearish momentum could strengthen.
The 4,305 level is the next structural support. A confirmed breakdown below this level may expose the 4,278–4,288 area, where the projected Wave (5) completion and Fibonacci extension overlap.
➤ Key levels
◌ Current price area: 4,350–4,355
◌ Main sell zone: 4,340–4,350
◌ Strong resistance: 4,380–4,395
◌ First support: 4,318–4,325
◌ Strong support: 4,305
◌ First target: 4,320
◌ Second target: 4,305
◌ Main target: 4,278–4,288
◌ Invalidation: Above 4,395
⌁ Elliott Wave view
Wave (1): The first bearish impulse started from the recent local high and pushed price lower.
Wave (2): Gold produced a corrective rebound before sellers returned.
Wave (3): The next bearish leg extended toward the 4,320 area.
Wave (4): Price is now attempting another corrective recovery toward the 4,340–4,350 resistance zone.
Wave (5): If sellers reject this area, the final bearish leg could extend below 4,305 toward the 4,278–4,288 completion zone.
▸ Trading scenario
Preferred bearish scenario
Entry: 4,340–4,350 after bearish confirmation
Stop Loss: Above 4,395
Take Profit 1: 4,320
Take Profit 2: 4,305
Take Profit 3: 4,278–4,288
The cleaner plan is to wait for rejection around the projected Wave (4) resistance area. A break below 4,320, followed by loss of 4,305, would strengthen the continuation toward the Wave (5) target.
Alternative scenario:
If gold breaks above 4,350 and holds with strong bullish momentum, price could retest 4,380–4,395 before the broader bearish structure is reassessed.
◌ Invalidation
The bearish scenario would weaken if price gains sustained acceptance above 4,380, while a confirmed break above 4,395 would invalidate the preferred Wave (5) continuation setup.
⌁ Kelly’s view
Kelly’s main view remains bearish while gold stays below 4,380–4,395.
The current rebound looks more like a corrective Wave (4) than a confirmed trend reversal. If sellers defend 4,340–4,350, the next downside sequence may target 4,320, then 4,305, before the larger 4,278–4,288 Wave (5) zone comes into focus.
Do you think sellers will defend the Wave (4) zone, or will gold retest 4,390 first?
BTCUSDT: Repeat Breakout, 84.6K Target in SightBTCUSDT is trading around 80,920 USDT following a second breakout from a descending channel within its recent price structure. Notably, the price is holding firm above the EMA34 (approx. 79,440) and EMA89 (approx. 78,430), and the post-breakout upward momentum remains intact.
From a technical standpoint, if BTC maintains the 79,500–80,000 zone and establishes a "higher low," I lean towards a scenario where the price retests 82,300 before extending to the primary target zone near 84,600 USDT. The fact that the current breakout structure closely mirrors the previous rally is also a signal worth monitoring.
The macroeconomic backdrop offers mild support but is not entirely favorable. Asian stock markets are rising, driven by the technology sector, while oil prices have dipped slightly to around $103 per barrel, helping to stabilize risk sentiment.
The bullish scenario would weaken if BTC loses the 79,400 level, and particularly if it drops below 78,400.
Will BTC sustain the breakout and continue its push toward 84.6K?
SHAREINDIA Technical Analysis & Chart Breakdown
Symbol: SHAREINDIA (Share India Securities Ltd.) — Daily Timeframe (NSE)
Current Price: ₹196.32
Buy Above : 200
Market Structure: Following a multi-month corrective phase down to the ₹115.36 base low, the stock formed a wide accumulation structure. It has now printed a strong bullish momentum candle, cleanly breaking above the long-term sloping resistance trendline (blue line).
Key Technical Levels
Entry / Breakout Confirmation: Above ₹196.00 – ₹200.00 (Breakout above descending trendline resistance)
Stop Loss (SL): Below ₹175.00 (Marked support zone below recent consolidation low)
Immediate Resistance / Target 1: ₹309.00 (Horizontal structure resistance level)
Macro Peak High: ₹344.80
Structural Base Low: ₹115.36
Trade Bias & Strategy
The stock displays strong bullish expansion following a multi-month accumulation period. A sustained holding above the ₹196.00 breakout zone on daily closes signals potential upside continuation toward the ₹309.00 target level, with potential macro expansion targeting the prior high near ₹344.80.
Disclaimer: This post is for educational and technical analysis purposes only and does not constitute financial or investment advice. Always manage your position sizing and risk control parameters responsibly.
Maruti Suzuki India Ltd - DTF - Bullish Harmonic Reversal Setup## **Maruti Suzuki India Ltd – Daily Time Frame | Bullish Harmonic Reversal Setup**
📊 **Stock:** Maruti Suzuki India Ltd (NSE)
💰 **CMP:** Around ₹12,200
Maruti Suzuki is trading near the **D point of a Bullish Harmonic Pattern**, with price reacting from a major support zone around **₹12,100–₹12,200**. After a sustained correction from the ₹14,400 region, the stock is showing an initial attempt to stabilize near this important reversal area.
### **Technical Outlook**
* 🟢 **Bullish Harmonic setup** completed near the D point.
* 🟢 Strong support zone around **₹11950–₹12,200**.
* 🟢 Price is attempting to reverse from the harmonic completion zone.
* 📈 Immediate resistance around **₹12,655**.
* 📈 Further Fibonacci resistance levels are **₹12,996 → ₹13,272 → ₹13,458–₹13,547**.
* 🔥 A sustained move above ₹12,655 could strengthen the recovery structure.
### **Potential Trading Plan**
* **Entry:** ₹12,200
* **Stop Loss:** Below ₹11,950
* **Target 1:** ₹12,655
* **Target 2:** ₹12,996
* **Target 3:** ₹13,272
* **Target 4:** ₹13,458–₹13,547
### **Key Levels**
**Bullish PRZ / Support:** ₹11,950–₹12,200
**Immediate Resistance:** ₹12,655
**Target Zone:** ₹12,996–₹13,547
**Major Invalidation:** Below ₹11,950
### **Risk Management**
A decisive breakdown below **₹11,950** would weaken/invalidate the bullish harmonic setup. For a safer entry, wait for a bullish reversal candle and confirmation above the immediate resistance.
> **Conclusion:**
> Maruti Suzuki is currently positioned at an important **bullish harmonic reversal zone** after a sharp correction. The **₹11,950–₹12,200** area is the key support to watch. If buyers defend this zone and the stock sustains above **₹12,655**, the recovery could potentially extend towards **₹12,996 → ₹13,272 → ₹13,458–₹13,547**.
**Disclaimer:** This is a technical chart-based view for educational purposes only, not investment advice. Always use proper position sizing, confirmation, and strict risk management.






















