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NZDJPY Strong Bearish Momentum Turned OnThe JPY is showing increasing strength, while NZDJPY currently looks like one of the weakest pairs in the Forex market. The daily chart has finally broken down from the long-standing accumulation box, confirming a bearish structure. Ideally, we would wait for a retracement back into the broken support before entering. However, the 1H timeframe is already giving us another opportunity. The price is breaking down from a Reversal Flag, with a projected target that aligns closely with the measured move from the daily accumulation breakdown. This confluence strengthens the bearish setup. With momentum firmly on the downside, I am looking for short opportunities and intend to remain bearish on NZDJPY for at least the remainder of this week, unless the structure invalidates. Trade Setup Entry: 89.634 Stop Loss: 90.311 TP1: 88.821 TP2: 87.545 The key level to watch is 90.311. A sustained move above this level would invalidate the current bearish setup.
Short
by hameedops
APOLLO Micro Systems - Base Within a TrendWeekly View: Zooming out, Apollo has been in a strong, well-defined uptrend since 2022, consistently trading above its long-term moving averages. The stock recently pushed into the upper boundary of a multi-year rising trendline (visible on the chart), and the last couple of weekly candles show the rally pausing right around that trendline resistance zone. This kind of pause near a long-term trendline, after such an extended move, often precedes either a healthy pullback/consolidation or a more prolonged distribution phase - the weekly candles will need to confirm which one plays out. Daily View: On the daily timeframe, this pause is showing up as a tighter, well-defined base — what looks like a classic Darvas Box. Price is consolidating above key DMAs, coiling around the 50 DMA, with candle ranges progressively tightening. Volumes have dried up meaningfully during this phase, generally a sign of supply exhaustion rather than distribution, and a pattern often seen in healthy basing structures. Putting It Together: The daily base is essentially forming right at the point where the weekly chart is testing long-term trendline resistance - which makes the resolution of this range more meaningful than a routine daily consolidation. A breakout above the box could indicate continuation into a fresh Stage 2 uptrend, potentially also clearing the weekly trendline resistance. A breakdown below the box would raise the risk of a shift toward Stage 4, with downside pressure on price, and could also mean the weekly trendline holds as resistance. From a sector standpoint, defence stocks are showing broad relative strength, and the benchmark index is trading close to all-time highs, which is a supportive backdrop for quality names in this space. Overall, this looks like a textbook case of a stock pausing at a decision point across both timeframes, where the eventual resolution of the box - up or down - will likely define the next leg. Sharing this purely as a technical structure worth studying. Disclaimer: This post is for educational purposes only and reflects personal technical observations. I am not a SEBI-registered analyst/advisor, and nothing here constitutes investment advice or a recommendation to buy or sell. Please consult a SEBI-registered financial advisor before making any investment decisions.
NSE:APOLLOLong
by sagartharayil
Sudeep Pharma | Stage 2 Trend Under Watch Sudeep Pharma remains in a strong Stage 2 uptrend, trading within a rising channel after its IPO base breakout. Price is currently consolidating, allowing the 50 DMA to catch up, while continuing to trade above all key moving averages. Another positive sign is that volume has been drying up during the consolidation, suggesting selling pressure is fading. The large bearish candle on 6 Jul 2026 failed to receive downside follow-through, indicating sellers have not gained control. Meanwhile, the Nifty Pharma Index is trading near all-time highs, providing a supportive sector backdrop. Trade Scenarios Bullish: A breakout above the current base with strong volume could signal continuation of the Stage 2 uptrend. Support Bounce: A pullback towards the lower boundary of the rising channel followed by a bullish reversal may offer another low-risk entry. Bearish: A decisive breakdown below the current base, followed by a break below the 50 DMA and the lower boundary of the rising channel, would invalidate the current bullish structure and increase the probability of a deeper correction. Markets remain sensitive to geopolitics, crude oil, and macroeconomic developments. Wait for price and volume confirmation—don't anticipate the move. Disclaimer: This analysis is shared for educational purposes only and reflects my personal study of the charts. I am not a SEBI-registered investment advisor. Nothing in this post should be construed as investment advice or a recommendation to buy or sell any security. Study the chart carefully, build your own conviction, and never trade blindly. Risk management and proper position sizing are imperative—capital preservation always comes first.
NSE:SUDEEPPHRMLong
by sagartharayil
2
SENCO GOLD – Watch for Long-Term Base Breakout NSE:SENCO | Timeframe: Daily | Bias: Bullish Senco Gold rallied sharply from the ~₹200 zone in late 2023 to an all-time high near ₹780 in mid-2024, before entering a deep corrective decline of roughly 60% into the ₹280–300 area by early-mid 2025. Since then, the stock has spent close to a year and a half building a broad accumulation range between ~₹280 and ~₹400 (highlighted zone). This kind of prolonged sideways structure after a sharp markdown typically reflects supply being absorbed and a base being formed for the next leg. The Setup Price has repeatedly tested the top of the range (~₹395–400) and pulled back, but on 22 July 2026 it closed at ₹396.15 (+4.86%), pushing right into the upper boundary of the multi-month range with strong momentum. A decisive close and follow-through above the ₹400 zone would confirm a range/base breakout, opening the door for a measured-move continuation. Target Calculation Using the height of the accumulation range (~₹280 to ~₹400, roughly ₹120) projected from the breakout point, the measured target comes out to approximately: Target (T) = ₹535 This aligns with the marked projection on the chart and sits well below the prior swing high (~₹780), making it a reasonable first target rather than an aggressive extrapolation. Risk / Invalidation A sustained close back below the range support (~₹280–300) would invalidate this base-breakout thesis. Conservative traders may prefer a tighter stop below the recent breakout candle's low (~₹360-370) to manage risk more actively while the breakout is still confirming. This is for educational/idea-sharing purposes only and is not investment advice. Please do your own research and consult a financial advisor before trading.
NSE:SENCO
by hardeepssethi
2
Kody TechnoLab Limited coming out of Darvas box breakoutIt fell heavily and went through the darvas box theory and now coming out of it with a good break out. It already touched a 52 week high and trying to go to the ATH of 2083. . The tailwind for this stock is - Kody Technolab signed a three-year global medical robot supply and IP agreement with Falcon Tech Robotics and Sccore AI company. This is purely for education purposes not a recommendation. Before investing please analyse it from your end. I am not a SEBI registered. This is my first idea please give me your feedback. Thank you.
NSE:KODYTECHLong
by sekharbiw
4
Phoenix Mills (PHOENIXLTD) – Stage 2 breakout and retest?Phoenix Mills (PHOENIXLTD) Phoenix Mills belongs to the Real Estate / Realty sector (Retail-led commercial real estate, malls, offices, mixed-use developments). The realty sector has been showing improving relative strength, which adds a favorable sector tailwind. Analysis Stage 2 breakout appears to be underway after a prolonged consolidation. The stock has broken out of a multi-month base and is now attempting a retest of the breakout zone, which is constructive if buyers continue to defend the breakout level. Trading above all the key moving averages (50 DMA, 100 DMA and 200 DMA), confirming the primary uptrend remains intact. Price structure continues to show higher highs and higher lows, a hallmark of a healthy Stage 2 trend. The stock is slightly extended from the 50 DMA, so a pullback or period of consolidation would be completely normal. At current levels, the risk-to-reward may not be as attractive as it was during the base formation. Patience is often rewarded. Fundamentals The business continues to show strong operational momentum: Sales (YoY): FY25: ₹3,807 Cr FY26: ₹4,423 Cr ▲ Profit After Tax (YoY): FY25: ₹1,307 Cr FY26: ₹1,557 Cr ▲ EPS (YoY): FY25: ₹27.53 FY26: ₹34.22 ▲ Operating margins have also remained strong, with OPM improving to 60% in FY26. The improving earnings profile supports the technical strength, but remember that price always leads fundamentals and markets can correct even when business performance remains excellent. Points to Watch Monitor whether the breakout level holds during the retest. Watch for healthy volume on the next advance. A sharp move away from the 50 DMA increases the probability of mean reversion. Avoid chasing extended breakouts. Wait for your setup if the risk-to-reward isn't favorable. Risk Management Capital preservation comes first. Always define your risk before entering a trade. Never risk money you cannot afford to lose. Even the strongest-looking setups fail. Position sizing and stop-loss discipline matter more than finding the "perfect" stock. Disclaimer This post is strictly for educational purposes to help traders learn technical analysis and market structure. I am not a SEBI-registered research analyst or investment advisor. This is not a buy, sell, or investment recommendation. Please do your own due diligence before making any investment decisions. One final thought: Don't blindly follow analysts, influencers, or social media posts—including this one. Learn to read charts, understand fundamentals, manage risk, and build your own process. Independent thinking and disciplined risk management are what help traders survive and improve over the long term.
NSE:PHOENIXLTDLong
by sagartharayil
IOL Chemicals & Pharmaceuticals-Near a Multi-Year Breakout Zone IOL Chemicals & Pharmaceuticals is trading near its highest level since 2020—effectively a nearly six-year high. The stock has moved above the ₹143–145 resistance zone and is now approaching the major historical resistance area around ₹180–182. Technical observations Price is trading above its key moving averages. Weekly volume has started expanding during the recent advance. Price action near the highs is relatively tight, indicating limited immediate selling pressure. RSI is rising, reflecting improving momentum. The broader Chemicals Index is near its all-time high and continues to maintain a higher-high, higher-low structure. The Pharma sector is also holding up reasonably well. A decisive weekly breakout and sustained close above the ₹180–182 zone could indicate a transition into a stronger Stage 2 advancing phase. Until that happens, the stock remains close to major historical resistance, so the breakout should not be anticipated blindly. Key risks The stock has moved sharply and is currently significantly extended from its 50-day moving average. This increases the possibility of a sudden pullback, volatility, or time-wise consolidation—even if the broader structure remains constructive. Other risks include: Ongoing geopolitical tensions and market-wide volatility Sentiment-driven selling in small-cap stocks Failed breakout or rejection near the historical resistance zone Poor risk-to-reward for late entries after a steep vertical move This post is intended only for studying price structure, volume behaviour, sector strength and stage analysis. It is not a trade recommendation and contains no suggested entry, target or stop-loss. Do your own research, understand the business and assess the risks before taking any decision. I am not a SEBI-registered research analyst. Consult a qualified financial adviser where necessary.
NSE:IOLCPLong
by sagartharayil
ANGELONE – Stage 2 Watchlist Angel One continues to build a mature base after an extended period of consolidation. Price is trading above its key moving averages and is now approaching the upper boundary of the base. Watch for a Stage 2 Breakout. What stands out Trading above the 50 DMA and 200 DMA. Multi-month consolidation/base formation. Volumes have gradually dried up during consolidation, indicating reduced selling pressure. Smaller candles near resistance suggest tightening price action. A decisive breakout above the range, supported by strong volume, could signal the next leg higher. Sector Tailwind The India Internet Index, of which Angel One is a constituent, is also improving structurally. In addition, the capital markets theme continues to benefit from increasing retail participation and sustained market activity, providing a supportive backdrop for the sector. Risks to Monitor The broader market remains volatile and is yet to confirm a strong directional trend. Q1 earnings are scheduled for 15 July, which could lead to elevated volatility and gap movements. Waiting for price confirmation and managing risk is preferable to anticipating a breakout. Trading Plan Watch for a high-volume breakout above the consolidation range. Avoid chasing weak breakouts on low volume. Position sizing and predefined stop-loss levels remain essential. Disclaimer: This chart is shared solely for educational purposes and represents my personal market observations. It is not investment advice or a recommendation to buy or sell any security. I am not a SEBI-registered research analyst or investment adviser. Please conduct your own research and consult a qualified financial adviser before making any investment decisions.
NSE:ANGELONELong
by sagartharayil
2
Adani Energy Solutions Ltd. – Daily Chart ReviewAdani Energy Solutions Ltd. – Daily Chart Review Adani Energy Solutions continues to trade in a strong primary uptrend, but the price has spent the last several weeks consolidating in a narrow range between ₹1,465 and ₹1,560. This appears to be a healthy pause after a sharp impulsive rally rather than a sign of trend reversal. Technical Observations * Rectangle Consolidation: Price is respecting a well-defined sideways range. Such consolidations often act as continuation patterns when they occur after a strong rally. * Trend Structure: Higher highs and higher lows remain intact on the daily timeframe, indicating bulls are still in control. * Volume: Volume has moderated during consolidation, which is constructive. A breakout accompanied by above-average volume would significantly improve the probability of trend continuation. * RSI: RSI is around 61 and has turned upward after cooling off from earlier highs. This suggests bullish momentum is rebuilding. No major bearish divergence is visible at the moment. Key Levels * Immediate Resistance: ₹1,560–1,565 * Major Support: ₹1,465 * Positional Support: ₹1,250 Trading Plan Bullish Scenario * A decisive daily close above ₹1,560–1,565 with strong volume can trigger the next leg of the uptrend. * Possible upside targets: * ₹1,650 * ₹1,730 * ₹1,820 (if momentum remains strong) Bearish Scenario * Failure to hold ₹1,465 may result in profit booking towards ₹1,380–1,350 initially. * The broader trend remains bullish unless the stock starts closing below ₹1,250. Conclusion The stock is showing characteristics of a bullish continuation setup. Consolidation after a sharp advance generally strengthens the trend by allowing momentum indicators to cool off. Traders should watch for a high-volume breakout above the range rather than anticipating it prematurely. Until the range is resolved, expect choppy price action. Disclaimer: This analysis is for educational purposes only and reflects my personal interpretation of the chart. Please conduct your own research and manage risk appropriately before making any investment decisions.
NSE:ADANIENSOLLong
by Anshuu_Kumaar
NACL Industries Ltd. – Bull Flag Breakout Attempt | High Volume NACL Industries Ltd. – Bull Flag Breakout Attempt | High Volume Confirmation After a prolonged consolidation between ₹155–₹177, the stock has finally delivered a strong range breakout with exceptional volume, indicating aggressive institutional participation. The recent rally from the breakout zone paused near ₹210, where price formed a bull flag / pennant. Today’s candle has closed above the flag resistance with another surge in volume, suggesting the continuation of the uptrend. Technical Observations * ✅ Multi-week consolidation breakout already confirmed. * ✅ Bull Flag breakout after a sharp impulsive move. * ✅ Fresh volume expansion supports the breakout. * ✅ RSI around 68—strong momentum without entering extreme overbought territory. * ✅ Price is making higher highs and higher lows, maintaining bullish market structure. Key Levels * Immediate Resistance: ₹220–223 (today’s closing zone) * Next Targets: ₹240 → ₹255 → ₹270 * Major Support: ₹197 (flag breakout level) * Strong Demand Zone: ₹182.5–177 * Invalidation: Sustained close below ₹197 may result in a retest of the ₹182–177 zone. Trading Plan * Aggressive traders may consider entries on sustained trade above ₹221–223 with strong volume. * Conservative traders can wait for a pullback and successful retest of ₹197–205 before initiating fresh positions. * Trail stop-loss below each higher low instead of booking profits too early if momentum continues. Risk Factors The stock has rallied sharply in a short period. A brief consolidation or pullback would be healthy and should not be viewed as bearish as long as ₹197 remains intact. ⸻ Disclaimer: This analysis is purely for educational purposes and reflects my personal interpretation of the chart. Please do your own research and use proper risk management before taking any trading decision.
NSE:NACLINDLong
by Anshuu_Kumaar
BTC/USDT — Daily & 4H Continuation SetupBTC continues to maintain bullish market structure after reclaiming the mid-range consolidation zone and establishing acceptance above previous resistance. Higher lows continue to form across the 4H timeframe while the daily chart shows ongoing strength following the broader recovery from the 60k region. Price is currently compressing beneath a major liquidity area near previous highs, suggesting the possibility of another expansion phase if current support continues holding. 📍 Entry Zone: 80,500 – 82,000 🛑 Stop Loss: 74,000 – 75,000 🎯 Targets: • T1: 88,000 – 90,000 • T2: 94,000 – 96,000 📊 Potential Profit: • T1: ~8–10% • T2: ~15–18% ⚖️ Estimated Risk-to-Reward: Approx. 1:1.5 to 1:3 depending on entries and position management. The 4H structure continues to show sustained strength with buyers defending pullbacks instead of allowing deep retracements. At the same time, the daily timeframe is approaching a major higher timeframe liquidity zone near previous highs, making this an important region for potential expansion or reaction. A clean hold above the 78k support region would continue favoring bullish continuation toward the upper supply zones. However, volatility around major psychological levels should still be expected. Conservative traders may prefer waiting for consolidation or retests before entering after impulsive moves. Independent opinion based on price action and market structure analysis. NOT financial advice. Always manage risk properly.
BINANCE:BTCUSDTLong
by deeptiy
XMR/USDT — Daily Swing Continuation SetupXMRUSDR continues to show strengthening higher timeframe structure after reclaiming a major consolidation range and establishing support above the key 360–380 region. Following months of compression and accumulation, price is beginning to expand gradually while maintaining healthy momentum and trend continuation characteristics. The current structure favors bullish continuation toward higher timeframe liquidity zones as long as the reclaimed support area remains protected. 📍 Entry Zone: 400 – 415 🛑 Stop Loss: 350 – 355 🎯 Targets: • T1: 500 – 540 • T2: 650 – 700 📊 Potential Profit: • T1: ~22–32% • T2: ~60–75% ⚖️ Estimated Risk-to-Reward: Approx. 1:2 to 1:5 depending on entries and position management. The daily chart continues to show improving momentum with price reclaiming the long-term moving average after an extended period below it. RSI strength is also building steadily without showing the same euphoric conditions seen in many overheated altcoin rallies. A successful hold above the reclaimed demand zone could open the path toward the larger higher timeframe liquidity areas overhead. However, temporary reactions around the 420–450 region should still be expected due to historical resistance. Conservative traders may prefer waiting for consolidation or retests before entering after impulsive moves. Independent opinion based on price action and market structure analysis. NOT financial advice. Always manage risk properly.
BINANCE:XMRUSDT.PLong
by deeptiy
Welspun Living Ltd. (Weekly Chart) – Technical ViewWelspun Living Ltd. (Weekly Chart) – Technical View The weekly chart shows a long consolidation phase between ₹107.50 and ₹154.00, highlighted by the green rectangle. Price has repeatedly respected both support and resistance, indicating strong accumulation. Key Observations * Range Breakout Attempt: Price has now moved above the major resistance zone around ₹154, which is a positive sign. * Weekly Close Needed: Sustained weekly closing above ₹154–160 is required to confirm the breakout. * Volume: Breakout accompanied by rising volume would strengthen the bullish case. * RSI (20): At 63.8, RSI is making higher highs and is comfortably above 50, indicating improving momentum without being overbought. Important Levels * Immediate Support: ₹154 * Major Support: ₹139.20 * Range Support: ₹107.50 * Resistance 1: ₹177.20 * Resistance 2: ₹212.95 Bullish Scenario If the stock sustains above ₹154, the consolidation breakout target projects towards: * ₹177 * ₹213 A decisive move above ₹177 could accelerate momentum toward the higher target zone near ₹213. Risk Scenario Failure to hold ₹154 may result in a retest of ₹139. A breakdown below ₹139 would invalidate the current breakout setup and could push price back into the broader range.
NSE:WELSPUNLIVLong
by Anshuu_Kumaar
Bharti Airtel (Weekly Chart) – Technical ViewBharti Airtel (Weekly Chart) – Technical View The weekly chart shows a descending trendline breakout attempt after several months of correction. Price has been consolidating inside the highlighted demand zone and is now testing the falling resistance line. Key Observations * Downtrend line is being challenged, indicating weakening bearish momentum. * Multiple weekly candles have respected the ₹1,746–₹1,800 support zone, suggesting accumulation. * Current close around ₹1,910.80 is near a crucial breakout area. * RSI (20) at 50.9 has crossed above its moving average (45.8), signaling improving momentum. * Volume has picked up during recent weeks, which is supportive of a breakout scenario. Important Levels Support * ₹1,901 (immediate) * ₹1,746 (major weekly support) Resistance * ₹1,947 * ₹1,976 * ₹2,057 (major breakout confirmation level)
NSE:BHARTIARTLLong
by Anshuu_Kumaar
Sona BLW Precision Forgings (SONACOMS) – Daily ChartSona BLW Precision Forgings (SONACOMS) – Daily Chart -Breakout/breakdown Awaited The stock has been consolidating in a well-defined range between ₹565 and ₹607 for the last several weeks after a sharp upmove. This type of sideways movement often acts as an accumulation phase before the next directional move. Key Observations: * Price is trading near the upper boundary of the consolidation zone (₹607). * Multiple attempts to cross ₹607 have faced resistance, making it a crucial breakout level. * Volume has declined during consolidation, indicating volatility compression. * RSI is around 56, holding above the 50 mark, which suggests a mildly bullish bias. Trading Levels Bullish Scenario * Sustained close above ₹607 may trigger a breakout. * Immediate targets: ₹650–₹680 * Positional targets: ₹714 and ₹759 Bearish Scenario * Breakdown below ₹565 could invalidate the setup. * Downside support zones: ₹540 and ₹520 Pattern View The chart resembles a rectangle/consolidation pattern after an impulsive rally. Support: ₹565, ₹540 Resistance: ₹607, ₹650 Targets: ₹714, ₹759 Disclaimer: This analysis is for educational purposes only and should not be considered investment advice. Please conduct your own research and use proper risk management before taking any trade.
NSE:SONACOMS
by Anshuu_Kumaar
Fine Organic Industries Ltd. (Weekly Chart) symetrical traingleFine Organic Industries Ltd. (Weekly Chart) symetrical traingle breakout awaited. Observation: Symmetrical Triangle / Ascending Compression Setup Fine Organic is trading inside a long-term compression zone. Price has respected the rising trendline support and is now consolidating just below a major descending trendline resistance near ₹5,000–₹5,120. The highlighted yellow box shows a tight consolidation after a sharp bounce from support, which often precedes an expansion move. RSI (20): * RSI is at 57.5, above its moving average (52.3). * Momentum is improving and remains above the 50 zone. * No significant bearish divergence is visible on the weekly timeframe. Key Levels Resistance Zones * ₹5,000–₹5,120 (triangle breakout zone) * ₹5,494 * ₹5,958 * ₹7,321 (major long-term target) Support Zones * ₹4,700 * ₹4,400 * Rising trendline support near ₹4,150–₹4,250 Trading View ✅ Sustained weekly close above ₹5,120 can confirm a triangle breakout and may trigger momentum towards ₹5,494 and ₹5,958. ✅ If volume expands during the breakout, the stock may eventually attempt the larger target zone around ₹7,321. ⚠️ Failure to break resistance and a close below ₹4,700 may lead to renewed consolidation within the pattern.
NSE:FINEORGLong
by Anshuu_Kumaar
(Nykaa) – Daily Chart (watch for range breakout)FSN E-Commerce Ventures (Nykaa) – Daily Chart Review Nykaa appears to be trading inside a well-defined consolidation range between ₹258–₹273. After multiple tests of the lower boundary, the stock has once again bounced strongly and is now approaching the upper end of the range. Key Observations * Range Formation: Price has been consolidating for several weeks between ₹258.20 and ₹272.95. * Resistance Zone: Immediate resistance lies at ₹272.95–₹275. A decisive breakout above this zone could trigger fresh momentum. * Volume: Recent volume expansion near the range high suggests buyers are becoming active. * RSI: RSI has crossed above its moving average and is around 55, indicating improving bullish momentum without entering overbought territory. Trading Levels Bullish Scenario * Breakout Trigger: Daily close above ₹273 * Targets: * ₹285.60 (range breakout objective) * Above ₹285.60, momentum can extend towards ₹300 Support Levels * Immediate Support: ₹258.20 * Major Support: ₹232.05 * A breakdown below ₹258 may invalidate the bullish setup and lead to further weakness. Pattern Perspective The stock is showing a rectangle/consolidation pattern. Such structures often lead to sharp directional moves once the range is resolved. Traders may watch for a high-volume breakout above ₹273 for confirmation.
NSE:NYKAA
by Anshuu_Kumaar