Silver Squeeze: Breakout or Sharp Breakdown?Silver is moving inside a triangle pattern on the 4-hour chart. XAGUSD is getting squeezed between resistance coming down from around 96 and support coming up from around 61. Right now, it’s trading near 73 to 74 , which is the middle of the range and not a good place to trade since there is no clear direction.
Recent price moves have been slow and messy, showing the market is still in a correction and not a strong trend.
From a wave view, this looks like a complex correction, and the triangle seems close to finishing. There could be one more move up, possibly a fake breakout, to trap buyers before price drops again.
Unless silver clearly breaks and holds above resistance, the overall view is still bearish. If the XAGUSD gets rejected from the upper area, it could fall toward 60 to 55 .
For now, expect choppy and confusing moves. It’s better to wait for confirmation instead of guessing early.
We will update further information soon!
Wave Analysis
Institution Swing TradingInstitutional Investors such as banks, hedge funds, mutual funds, and insurance companies play a major role in the financial markets. Institutional trading refers to large-scale buying and selling of securities by these organizations. Because institutions trade in huge volumes, their actions can strongly influence stock prices and market trends. They often use advanced research, algorithms, and risk-management systems to make trading decisions.
MCX Silver Futures: May Test The 199600–194000 Support AreaTrading Outlook for MCX:SILVER1!
=============================
Silver Futures remain under pressure after a corrective recovery failed near 3,04,900 . The current decline may extend towards the 1,99,600–1,94,000 support zone. The overall short-term outlook remains negative while prices stay below the recent high.
Remember: a sustained move above the recent high would weaken the current bearish outlook.
APL Apollo Tubes
Stock has been undergoing correction in the form a zigzag after completing an impulse wave that started during Feb 2025. The stock peaked on 12 Feb 2026 (nearly a year).
Zigzag is a 5-3-5 structure, labelled as Wave A, Wave B and Wave C. Wave A and Wave C are the actionary waves, while wave B is a counterwave.
Wave A and Wave B of the zigzag got completed and Wave C of the zigzag was in progress.
It appears that Wave C of the zigzag has been completed on 2 June as per internal wave counts and stock has started forming higher highs.
Buy with an initial target of last peak (Feb 2026). One could hold for medium term for handsome gains (last one year gain was about 80%).
Maintain stop loss of 1700.
$BSB is carving out a Triple Top formation near resistance level**$BSB is carving out a Triple Top formation near resistance levels 👀**
Repeated failures to push higher suggest that sellers are actively defending the overhead zone, while buyers are struggling to build enough momentum for a sustained breakout. This reflects growing market indecision and weakening bullish pressure. ⚖️
A decisive break above resistance would invalidate the pattern and reignite upside momentum, while continued rejection could keep price trapped in a consolidation range. 📈🔥
**$BSB is sitting at a key decision area — traders should watch closely for a breakout confirmation as volatility starts to build. 👀**
#BSB #CryptoTrading #TechnicalAnalysis #Altcoins #CryptoNews
Nifty Analysis from 24 June to 03 July, 2026Wrap up:-
In major time frame, we are in wave y of x of major wave 4. In wave y, wave a has been completed at 24601 and wave b is in progress which is forming a 5-3-5 simple zig zag correction.
In wave b, internal wave a is completed at 23813, wave b is completed at 24189 and now, wave c is in progress.
What I’m Watching Nifty from 24 June to 03 July, 2026🔍
As Wave b target has been achieved, now Nifty is heading towards wave c for the target of 22908-22714. In wave c, wave 1 is completed at 23938, wave 2 at 24013 and wave 3 is in progress.
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
"Don't predict the market. Decode them."
MCX Nickel Futures: Ongoing Correction May Be Part of a Bigger RMCX:NICKEL1! is showing signs of a larger bullish structure on the daily chart. The price appears to have completed Wave (1) and Wave (2) , and the current move may be part of a developing Wave (3) . After a recent correction, the ongoing decline looks corrective in nature, suggesting that the broader uptrend could resume once the current pullback is complete.
Targets: 1806 - 1886 - 1996
Long-term targets: 2136 - 2520
HDFC Bank Swing Trading AnalysisHDFC Bank Swing Trading Analysis
Key Support Levels
Support 1: ₹760
Support 2: ₹745
Major Support: ₹725–730 zone
Key Resistance Levels
Resistance 1: ₹790
Resistance 2: ₹800
Major Resistance: ₹830–850 zone
Swing Trading Setup
✅ Bullish above ₹800
Targets: ₹830 → ₹850 → ₹900
Stop Loss: ₹775
⚠️ Bearish below ₹745
Targets: ₹725 → ₹700
Stop Loss: ₹760
Technical View
RSI is near 55, indicating neutral-to-positive momentum.
Price is trading around short-term moving averages but remains below long-term highs.
A close above ₹800 can trigger fresh buying interest.
$DASH is consolidating inside a massive Triangle pattern** NASDAQ:DASH is consolidating inside a massive Triangle pattern after rejecting from a previous Double Top formation 👀**
The narrowing structure highlights a battle between buyers and sellers, with support gradually rising while resistance continues to compress price action. This type of consolidation often precedes a volatility expansion. 📈
Market psychology suggests momentum is building beneath resistance, and a decisive breakout from the triangle could trigger a strong directional move as traders regain confidence. 🚀🔥
** NASDAQ:DASH bulls are defending key support levels — keep an eye on the apex, as a breakout could unleash the next big move. 👀**
#DASH #CryptoTrading #TechnicalAnalysis #Altcoins #CryptoNews
$FARTCOIN is carving out a Falling Wedge pattern** CRYPTOCAP:FARTCOIN is carving out a Falling Wedge pattern after an extended correction 👀**
The structure suggests bearish momentum is fading while buyers continue defending the lower support zone. Repeated rebounds from the base indicate accumulation and growing pressure beneath resistance. 📈
Falling wedges are typically bullish reversal patterns, and a breakout above the upper trendline could spark a strong expansion move as sentiment shifts back in favor of the bulls. 🚀🔥
** CRYPTOCAP:FARTCOIN bulls are slowly reclaiming control — watch closely for a breakout confirmation and momentum acceleration. 👀**
#FARTCOIN #CryptoTrading #TechnicalAnalysis #Altcoins #CryptoNews
$MON is shaping an Inverse Head & Shoulders pattern** TSXV:MON is shaping an Inverse Head & Shoulders pattern while emerging from a Rising Wedge structure 👀**
The formation highlights strong buyer defense around support, with the right shoulder developing near key levels. Market psychology suggests bears are losing momentum as bulls gradually regain control. 📈
Repeated higher lows and neckline pressure indicate accumulation is taking place. A breakout above resistance could trigger a powerful expansion move and confirm the reversal structure. 🚀🔥
** TSXV:MON looks ready for a decisive move — bulls are building momentum and a breakout could spark the next leg higher. 👀**
#MON #Monad #CryptoTrading #TechnicalAnalysis #Altcoins
SpaceX Update: Profit Booking After ListingSPCX is witnessing healthy profit booking after its strong post-listing rally.
The recent decline does not necessarily indicate a trend reversal. It appears that early participants are booking profits after the sharp move from listing levels.
As long as the stock holds above $160, the broader bullish structure remains intact.
Trading Plan
• Support Zone: $160
• Stop Loss: $160
• Upside Target: $250
A sustained hold above support could attract fresh buyers and potentially drive the next leg higher toward the $250 region.
Newly listed stocks are often volatile. Expect sharp swings as the market discovers a fair price.
Risk Management First.
#SPCX #IPO #Stocks #Trading #Investing #PriceAction #NASDAQ
$LONG is trading inside a massive Falling Wedge formation** TSX:LONG is trading inside a massive Falling Wedge formation 👀**
The prolonged decline has pushed price into the lower boundary of the wedge, where sellers appear to be losing momentum. This pattern often reflects exhaustion and growing accumulation as bears struggle to extend the downtrend. 📈
Market psychology is shifting from panic to stabilization, and bulls are beginning to defend support aggressively. A breakout above the descending resistance could trigger a powerful relief rally and mark the start of a trend reversal. 🚀🔥
** TSX:LONG is sitting at a critical inflection point — a wedge breakout could unleash significant upside momentum. 👀**
#LONG #CryptoTrading #TechnicalAnalysis #Altcoins #DeFi
XAUUSD – Gold Is Bouncing, But The Downtrend Still Holds XAUUSD – Gold Is Bouncing, But The Downtrend Still Holds
Gold is bouncing — but the trend hasn’t changed.
Price is showing a modest recovery from the key support zone, currently trading around 4,081 after reacting from the lower boundary of the range. This suggests buyers are stepping in, but the broader H2 structure remains locked inside a well-defined descending channel.
Until gold can break above resistance and escape this channel, the current move should be treated as a short-term rebound rather than a confirmed reversal.
FUNDAMENTAL ANALYSIS
Gold continues to react to movements in the U.S. dollar, Treasury yields, and overall market sentiment. The recent bounce may be driven by short-term profit-taking after the previous decline, rather than a shift in macro direction.
At this stage, price behavior around key technical levels is more important than trying to predict fundamentals.
TECHNICAL ANALYSIS – SMC + MARKET STRUCTURE
From an SMC perspective, gold is still forming a sequence of lower highs and lower lows within the descending channel. This confirms that sellers remain in control of the broader structure.
The support zone at 4,023 – 4,095 is currently acting as a defensive area for buyers. As long as price holds above this zone, a short-term push toward 4,146 is possible.
However, the key decision point lies ahead. If price reaches the 4,095 – 4,146 resistance zone and shows rejection, sellers are likely to re-enter and continue the downtrend. If support fails, downside targets remain at 3,995 and 3,893.
This is a classic reaction zone: bounce potential exists, but the dominant trend is still bearish.
KEY PRICE ZONES TO WATCH
Current price area: 4,081
Key support zone: 4,023 – 4,095
Short-term reaction level: 4,095
Nearest resistance: 4,146
SMA 200 resistance: 4,293
Bearish channel resistance: 4,095 – 4,146
First downside target: 3,995
Main bearish target: 3,893
Invalidation area for bearish view: Above 4,146
TRADING SCENARIOS
Buy Scenario – Short-Term Bounce
If gold continues to hold above the 4,023 – 4,095 support zone, a short-term long setup becomes valid.
Buy Zone: 4,023 – 4,095
Entry Condition: Bullish rejection, liquidity sweep, or lower-timeframe bullish CHoCH from support
Stop Loss: Below 4,023 or below the nearest swing low
Take Profit:
TP1: 4,095
TP2: 4,146
Sell Scenario – Trend Continuation (Priority)
If price rebounds into 4,095 – 4,146 and shows weakness, this becomes the preferred sell setup within the descending channel.
Sell Zone: 4,095 – 4,146
Entry Condition: Bearish rejection, failed breakout, lower-timeframe bearish CHoCH, or strong bearish displacement
Stop Loss: Above 4,146 or above the nearest swing high
Take Profit:
TP1: 4,023
TP2: 3,995
TP3: 3,893
Alternative Sell Scenario
If gold breaks below 4,023 with strong momentum, the bounce scenario weakens significantly.
Sell Condition: Wait for a clean break below 4,023, followed by a retest and bearish confirmation
Target: 3,995 – 3,893
MY VIEW ON GOLD
Gold is attempting to recover, but the bigger picture hasn’t changed.
The current move looks like a technical bounce from support rather than a structural reversal. As long as price remains below 4,146 and inside the descending channel, sellers still hold the advantage.
The most important area to watch is 4,095 – 4,146. This zone will determine whether the market continues lower or begins to shift.
If rejection appears here, the sell setup becomes clear again. If buyers break through with strength, the recovery could extend further.
For now, gold is rising — but not yet reversing.
Do you think gold will break above 4,146, or will sellers defend the channel and push price back toward 4,023?
Updated Nifty Analysis for the week 22 June to 26 June, 2026Wrap up:-
In major time frame, we are in wave y of x of major wave 4. In wave y, wave a has been completed at 24601 and wave b is in progress which is forming a 3-3-5 irregular correction.
In wave b, internal wave a is completed at 23813 and wave b is in progress which is now making a abc pattern and is expected to be completed in the range of 24772-25181.
In internal wave b of wave b, wave a has completed at 24181, wave b has been completed at 23070 and wave c is in progress.
What I’m Watching for the week 22 June to 26 June, 2026🔍
In wave c, Nifty has completed wave 1 and 2, and now heading towards the probable target of 24772-25181.
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
"Don't predict the market. Decode them."
XAU- Intraday Corrective Bounce After Sell-Side Liquidity Sweep
Gold is trading around $4,064 after sweeping sell-side liquidity and reacting from the lower area. The short-term trend is still under pressure, but after a strong drop, price may build a corrective bounce today before the next bigger direction is confirmed.
From an SMC perspective, gold has taken downside liquidity first, then started to react. This gives room for a recovery move back into the nearest liquidity and OB zones above. The key area to watch first is $4,100–$4,110, where buy-side liquidity is sitting. If price breaks above this zone, the next upside draw is the OB zone around $4,130–$4,140, followed by the FVG area near $4,160–$4,175.
The main idea today is to wait for a clean pullback or confirmation before buying. I do not want to chase the first reaction candle after a liquidity sweep.
Buy setup 1
Condition:
Gold holds above the sell-side liquidity sweep area and creates bullish MSS / CHOCH on lower timeframe.
Entry: $4,055–$4,070
SL: below $4,040
TP1: $4,100
TP2: $4,130
TP3: $4,160–$4,175
Buy setup 2
Condition:
If gold breaks above $4,100–$4,110 and retests this zone as support, bullish continuation remains valid.
Entry: $4,100–$4,110 after breakout retest
SL: below $4,080
TP1: $4,130–$4,140
TP2: $4,160–$4,175
TP3: $4,195–$4,205
Sell setup
Condition:
Selling is not the first priority during the corrective bounce. A sell setup is only valid if gold reaches $4,160–$4,175 or $4,195–$4,205 and shows clear bearish rejection with MSS / CHOCH.
Entry: $4,160–$4,175 after rejection
SL: above $4,200
TP1: $4,130
TP2: $4,100
TP3: $4,064
Key levels
Current price area: $4,064
Sell-side liquidity sweep: $4,045–$4,055
Buy-side liquidity: $4,100–$4,110
OB zone: $4,130–$4,140
FVG target: $4,160–$4,175
Higher OB reaction zone: $4,195–$4,205
Bullish invalidation: clean 1H close below $4,040
My current view for today is that gold may recover first after sweeping sell-side liquidity. The move is a corrective bounce, not a full bullish reversal yet. The best Prime Gold plan is to wait for structure confirmation, then follow the recovery toward the liquidity and FVG zones above.
No confirmation, no trade.
MASON XAUUSD – Gold Breaks Trendline, Sell Continuation In Focus
XAUUSD is trading around 4,140 after a strong bearish move. Price has broken below the short-term rising trendline and remains below the Ichimoku cloud, showing that sellers are still controlling the structure.
The main view is sell continuation, especially if price retests the broken trendline or previous support zones.
Technical View
Gold has broken the rising trendline that previously supported the recovery wave. This is an important signal because the market is no longer respecting the short-term bullish structure.
Price Action is showing lower highs after the rejection from the 4,200 area. The latest breakdown below the trendline confirms that buying momentum is weak, while sellers are pressing price toward deeper liquidity.
Ichimoku also supports the bearish view. Price is trading below the cloud, and the cloud above price is now acting as dynamic resistance. As long as gold stays below the cloud, recovery attempts should be treated as pullbacks, not a confirmed reversal.
The Fibonacci zones are important now. Price is reacting near the 1.618 extension area, but if this level cannot hold, gold may continue lower toward the 2.618 liquidity zone and the 3.618 crucial support area.
Key Zones
Current price: 4,140
Sell entry 1: 4,145–4,160
Sell entry 2: 4,170–4,185
Short-term resistance: 4,200–4,220
Fibonacci 1.618 area: 4,125–4,135
Liquidity level: 4,070–4,080
Crucial support: 4,020–4,030
Invalidation: above 4,200
Trading Plan
Sell Priority: 4,145–4,160
Condition: wait for bearish rejection, failed recovery above the broken trendline, or price staying below the Ichimoku cloud.
SL: above 4,200
TP1: 4,125–4,135
TP2: 4,070–4,080
TP3: 4,020–4,030
Second Sell Setup
Sell Zone: 4,170–4,185
Condition: only consider this zone if gold pulls back deeper and rejects from the previous support area.
SL: above 4,220
TP1: 4,125–4,135
TP2: 4,070–4,080
TP3: 4,020–4,030
Alternative Scenario
If gold breaks directly below 4,125, wait for a retest of this zone as resistance before looking for continuation toward 4,070 and 4,020.
Buy View
Buy is not the priority while price remains below the broken trendline and Ichimoku cloud. A short-term bounce may appear near Fibonacci support, but it needs clear bullish confirmation before considering any recovery setup.
Final View
Overall, gold is under bearish pressure after breaking the trendline. As long as price stays below 4,170–4,185 and the Ichimoku cloud, sell continuation remains the cleaner view.
Will gold retest the sell zone first, or drop directly toward the Fibonacci liquidity levels?
XAUUSD: Wave 5 targets medium-term support.Gold is still moving inside the final bearish wave 5 structure after losing the short-term recovery channel. From Kelly’s view, the market remains under pressure, and the latest breakdown suggests sellers are still controlling the next directional move.
The key idea is simple: gold has broken support, and the cleaner sell continuation may come when price retests the broken zone.
⟡ Market structure
Price previously tried to recover inside a small rising channel, but that structure has now failed. Gold broke below the channel support and is trading back near the FVG area, showing that bullish momentum has weakened.
The broken support around 4,120–4,140 now becomes the main retest zone. If price returns to this area and sellers defend it, the wave 5 continuation scenario remains active.
The downside target remains the medium-term support zone near 4,031, where the chart marks the Elliott Wave end area.
➤ Key levels
◌ 4,120–4,140: broken support and sell retest zone
◌ 4,112: current reaction area
◌ 4,071: first downside support
◌ 4,031: medium-term support and Elliott Wave end zone
◌ Above 4,141: area where the immediate sell setup weakens
⌁ Elliott Wave view
From an Elliott Wave perspective, gold appears to be developing the final part of wave 5 after completing the earlier 1–2–3–4 sequence.
Wave 4 formed as a short recovery channel, but the break below that channel suggests wave 5 has started. If the wave count remains valid, price may continue moving lower towards the 4,071 area first, then 4,031 as the final medium-term support target.
A retest of 4,120–4,140 would fit well as a sell continuation structure before the final downside leg expands.
▸ Trading scenario
Preferred scenario: wait for price to retest the broken support zone and show bearish confirmation.
Sell retest zone: 4,120–4,140
Stop loss: above 4,141 or above the confirmed rejection high
Take profit 1: 4,071
Take profit 2: 4,031
Take profit 3: 4,000 if selling pressure expands
Alternative scenario: if gold breaks back above 4,141 and holds with strength, the immediate wave 5 sell setup loses quality and the chart may need a short-term reassessment.
⌁ Kelly’s view
For Kelly, this is a sell-the-retest structure. The market already broke the recovery channel, so the better plan is not to chase the low, but to wait for a clean reaction from the broken support area.
If sellers defend 4,120–4,140, wave 5 may continue towards the medium-term support zone.
Gold is still under downside pressure. The next important reaction may come from the retest before the final wave 5 target is reached.
Share your view below.
Understanding Buyer and Seller Psychology Behind Every candleMost traders begin their journey by learning candlestick patterns, indicators, and trading strategies. They memorize names like Hammer, Engulfing, Doji, and Morning Star, hoping these patterns will reveal the market's next move. But after spending enough time in the market, one question becomes far more important:
Why does price move at all?
The answer is surprisingly simple. Price moves because buyers and sellers constantly disagree on value. Every candle on the chart is the result of this ongoing battle. Behind every green candle, there are buyers willing to pay a higher price. Behind every red candle, there are sellers who believe the price should be lower.
Once you start seeing candles as stories of human behavior rather than just shapes on a chart, the market begins to make much more sense.
Every Candle Tells a Story:
A candlestick is not just an open, high, low, and close. It is a visual representation of emotions.
Imagine a strong bullish candle. Buyers entered with confidence and kept pushing the price higher. Sellers tried to resist, but demand was stronger. The result is a large green candle that shows optimism and strength.
Now think about a long bearish candle. Fear enters the market. Traders rush to exit their positions, sellers become aggressive, and buyers hesitate. The market falls quickly because emotions change faster than most people expect.
This is why experienced traders do not simply look at candles. They ask:
Who is in control?
Are buyers confident?
Are sellers becoming weaker?
Is this move driven by fear or greed?
The answers to these questions often matter more than the pattern itself.
The Real Engine of Price: Supply and Demand
At its core, the market is simply an auction.
When more people want to buy than sell, prices rise.
When more people want to sell than buy, prices fall.
This principle applies everywhere—stocks, forex, cryptocurrencies, commodities, and indices. No indicator can override supply and demand.
Many traders search for complicated formulas, but the market often moves for very simple reasons. Buyers become more aggressive, sellers become more aggressive, or one side temporarily gives up.
Understanding this concept helps traders focus on what actually drives the market instead of chasing every signal they see.
Fear and Greed Move Markets Faster Than Logic:
Markets are made of people, and people are emotional.
When prices rise quickly, greed takes over. Traders fear missing out and start buying simply because others are buying. This creates momentum and pushes prices even higher.
On the other hand, when prices fall sharply, fear spreads. Traders rush to protect their capital, and selling becomes emotional rather than rational.
This is why markets often move farther than people expect.
A strong trend is not only a technical event. It is a reflection of collective emotions.
Understanding this psychology can help traders stay calm when others become emotional.
Why Some Candles Have Long Wicks
One of the most interesting parts of a chart is the wick.
A long lower wick often means sellers pushed the price down, but buyers rejected those lower prices and regained control.
A long upper wick tells the opposite story. Buyers tried to move higher, but sellers stepped in aggressively and forced the price back down.
These rejections are important because they reveal where the market accepts or rejects price.
In many cases, wicks provide a deeper understanding of market sentiment than the candle body itself.
Liquidity and the Bigger Players
Many traders wonder why price sometimes breaks a level, triggers stop losses, and then suddenly reverses.
The reason often lies in liquidity.
Large institutions cannot enter huge positions instantly. They need enough buyers and sellers on the other side of their trades.
Because of this, price is naturally attracted to areas where many orders exist:
Previous highs
Previous lows
Equal highs and lows
Major support and resistance levels
Psychological price levels
What appears to be a fake breakout is sometimes the market searching for liquidity before making its real move.
Stop Memorizing Patterns. Start Understanding Behavior.
Candlestick patterns are useful.
But understanding the emotions behind those patterns is far more powerful.
A Hammer is not just a Hammer.
It represents rejection.
An Engulfing candle is not simply a shape.
It represents a shift in control between buyers and sellers.
Every candle is evidence of what market participants are thinking and feeling.
And that is where true price action begins.
Final words:
Price does not move randomly.
Behind every candle are thousands of decisions made by traders reacting to fear, greed, confidence, uncertainty, hope, and panic.
When you stop focusing only on patterns and begin understanding the psychology behind them, charts become easier to read.
You stop seeing candles as shapes.
You start seeing emotions.
You start seeing battles.
And most importantly, you start understanding "why price moves before trying to predict where it will go next."
Updated Analysis (Based on New Projection)I can see you've added a bullish trendline/projection from the current price (~23,795) toward the upper supply zone.
What Changed?
Previously:
Market structure was bearish.
Price was expected to move between the two zones.
Now:
Price is sitting exactly near a potential intraday support (~23,795).
Your blue trendline suggests a direct move toward the upper zone (23,955–23,975).
This creates a counter-trend long setup.
Bullish Scenario (Your Projection)
Entry Zone
23,790 – 23,810
Stop Loss
23,745
Targets
Target Level
T1 23,850
T2 23,900
T3 23,955
T4 23,975
Risk/Reward
Risk ≈ 50 points
Reward ≈ 180 points
R:R ≈ 1 : 3.5
Important Resistance Levels
Resistance 1
23,850
This is the first obstacle.
Resistance 2
23,900–23,920
Expect profit booking here.
Major Supply Zone
23,955–23,975
This is where I would expect sellers to become active.
Trade Management
Aggressive Trader
Buy:
23,790–23,810
SL:
23,745
Trail SL after:
23,850
Conservative Trader
Wait for a 15-minute candle close above:
23,850
Then buy.
Targets:
23,920
23,975
What Would Invalidate This Bullish View?
If NIFTY closes below:
23,745
Then your bullish projection becomes weak.
Next downside targets:
23,700
23,650
23,620 Demand Zone
Probability Assessment
Bullish Move to Supply Zone
65%
Sideways Movement
20%
Direct Breakdown to Demand Zone
15%
Trading Plan
Buy: 23,790–23,810
SL: 23,745
T1: 23,850
T2: 23,900
T3: 23,955
T4: 23,975
If price reaches 23,955–23,975, I would not initiate fresh longs there. That area is more suitable for:
swing trading in InfosysFor swing trading in Infosys, the stock is currently in a weak-to-neutral trend after a sharp selloff in the IT sector. Recent declines were triggered by concerns about global IT spending after Accenture's cautious outlook.
Swing Trading Levels (Short-Term: 1–4 weeks)
Level Type Price Zone (₹)
Strong Support 1,030–1,050
Near Support 1,080–1,100
Pivot Zone 1,115–1,125
Resistance 1 1,175–1,180
Resistance 2 1,230–1,240
Major Resistance 1,280+
These levels are based on recent technical support/resistance studies and weekly trading ranges.
Trading Setup
Bullish Swing
Entry: Above ₹1,120–1,130 with volume.
Target 1: ₹1,175
Target 2: ₹1,230
Stop Loss: ₹1,080
Aggressive Buy-on-Dip
Accumulate near ₹1,040–1,060 if the stock stabilizes.
Target: ₹1,150–1,200
Stop Loss: Below ₹1,000
Bearish Scenario
If Infosys closes below ₹1,030, downside toward ₹980–1,000 cannot be ruled out.
Technical Rating
Short-term (1–2 weeks): 4/10 (Bearish)
Medium-term (1–3 months): 5/10 (Neutral)
RSI remains below 40 and the stock is trading below its 50-DMA and 200-DMA, indicating the broader trend is still weak.
My Current View
For swing traders, I would wait for a daily close above ₹1,125–1,130 before taking fresh long positions. Until then, Infosys remains in a recovery phase after a significant breakdown, making capital preservation more important than chasing rebounds.
If you tell me:
your entry price (or planned entry),
cash or futures,
and your risk tolerance,
Larsen Toubro Swing Trading AnalysisCurrent Zone: ₹4,200–4,210 area (recent close around ₹4,200)
Bullish Scenario
Immediate Support: ₹4,120–4,130
Major Support: ₹4,000–4,050
Strong Demand Zone: ₹3,860–3,900
Resistance Levels
R1: ₹4,280
R2: ₹4,350
Major Breakout Level: ₹4,440 (52-week high)
Swing Trading Plan
Buy on Dip
Entry: ₹4,120–4,160
Stop Loss: ₹3,990
Targets:
T1: ₹4,280
T2: ₹4,350
T3: ₹4,440
Breakout Buy
Fresh buying above: ₹4,440 (daily close)
Targets:
₹4,650
₹4,850
Bearish Trigger
Daily close below ₹4,000 can lead to a correction towards ₹3,900–3,860.
Trend View (1–4 Weeks)
Structure remains bullish-to-neutral.
Price is trading above major moving averages and institutional sentiment remains positive, but ₹4,440 is the key hurdle for a strong upmove.
Key Levels (Keep on Chart)
Support: 4,120 → 4,050 → 3,860
Resistance: 4,280 → 4,350 → 4,440
Swing Targets: 4,650 → 4,850
Canara Bank: Setting the Trap at Trendline Support?Canara Bank is consolidating its massive run from 78.60 to 162.89 via a clean weekly contracting triangle. The price action is compressing beautifully, resetting overbought conditions without causing structural damage to the macro uptrend.
Trade Parameters
Anticipated Entry: 125.72 (Lower trendline support / Wave e completion)
Hard Stop Loss: 119.30 (Decisive weekly close below prior resistance-turned-support)
Targets: 151.89 (Local structural resistance) and 162.89+ (Prior high / ultimate thrust target)
Risk-to-Reward: 1:5.7
Wave Count:
Primary Count : This structure is tracked as a Primary Wave 4 Contracting Triangle. Waves a through d are complete. Price is currently drifting lower toward the blue zone to finalize Wave e. Elliott Wave guidelines dictate a swift, aggressive "Triangle Thrust" (Primary Wave 5) once this pattern resolves.
Alternate Count : A weekly close below 119.30 invalidates the triangle entirely. If this level fails, Wave 4 morphs into a deeper, complex correction.
Disclaimer: This analysis is for informational and educational purposes only and does not constitute explicit financial advice to buy or sell.






















