Wedge

TVSMOTOR Rising Wedge Recovery Strong Q1 FY27 Earnings 📊 TVS Motor Company: Daily Technical Snapshot – Rising Wedge Recovery & Strong Q1 FY27 Earnings 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: TVSMOTOR | DAILY Closing Price: 3,792.00 (+201.80 | +5.62%) Core Trend: Strong Uptrend Market State: Recovery Within Uptrend Price Structure: Price has rebounded strongly after forming a Bullish Engulfing near the rising support trendline and is now attempting to break above the descending resistance of a Rising Wedge consolidation. The recovery is supported by improving momentum, healthy volume participation and strong quarterly earnings. ________________________________________ OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS Model Reference Level: 3,810.00 Hard Invalidation Level: 3,260.70 Structural Risk: 549.30 (14.42%) Resistance Levels: R1 3,875.73 | R2 3,959.47 | R3 4,108.93 Support Levels: S1 3,642.53 | S2 3,493.07 | S3 3,409.33 Range Structure: Low 3,260.70 | High 4,108.93 Higher Timeframe Observation Zones: 3,960 | 4,109 | 4,250 ________________________________________ 🏢 BUSINESS & FUNDAMENTAL UPDATE TVS Motor reported a strong Q1 FY27 performance, exceeding market expectations across revenue, profitability and margins. Standalone revenue increased 38% YoY to 13,896 crore, while net profit rose 51% YoY to a record 1,174 crore. EBITDA grew 41%, with margins expanding to 12.8%, despite concerns over rising input costs and a higher EV mix. The company also recorded its highest-ever quarterly vehicle sales of 1.63 million units, driven by robust growth across motorcycles, scooters, exports and electric vehicles, with EV sales surging 86% YoY. The Board also declared plans to raise up to 1,000 crore through debt instruments. The stronger-than-expected earnings, improving margins and record sales provided a positive fundamental backdrop to the stock's ongoing technical recovery and trendline breakout attempt. ________________________________________ ⚠️ MOMENTUM, PARTICIPATION & CPR DATA Volume Profile: 2.39 Million Shares Volume Character: Strong Relative Participation RSI: 65.36 (Strong Momentum Zone) ADX: 18.85 (Trend Strength Improving) ROC: +2.14% MACD Status: Fresh Bullish Crossover CCI: +127.60 (Positive Momentum) Stochastic Reading: 93.64 (Extended Momentum Zone) Current Bias: BUY ON PULLBACKS AFTER BREAKOUT CONFIRMATION CPR State: Bullish Zone | CPR Moving Down (Narrow) Today's CPR: Pivot 3,586.70 | Top 3,588.40 | Base 3,584.90 Tomorrow's CPR (Projected): Pivot 3,726.30 | Top 3,759.10 | Base 3,693.40 ________________________________________ 📚 EDUCATIONAL OBSERVATION TVS Motor has staged a strong recovery after forming a Bullish Engulfing candlestick near the lower boundary of its rising support trendline. The stock is now testing the upper boundary of a Rising Wedge consolidation, signalling that buyers have regained control following a brief corrective phase. The recent price action indicates that selling pressure has gradually weakened while demand has improved near key support levels. The strong bullish candle, combined with improving momentum indicators, reflects renewed buying interest. However, the trendline breakout is still in progress, and confirmation would require sustained trading above the wedge resistance, preferably supported by stronger-than-average trading volume. Momentum indicators continue to improve. The RSI at 65.36 reflects healthy bullish momentum without entering an extreme overbought zone. MACD has generated a fresh bullish crossover, suggesting strengthening upside momentum, while the ROC of +2.14% indicates improving price acceleration. The CCI reading of +127.60 confirms positive buying momentum, and the Stochastic reading of 93.64 highlights sustained participation. While momentum remains constructive, elevated readings may also result in short-term consolidations after a sharp advance. The projected Central Pivot Range (CPR) for the next trading session has shifted higher, with the projected Pivot at 3,726.30. A higher CPR reflects improving market acceptance of higher prices and supports the prevailing bullish structure as long as prices remain above key support levels. Immediate attention remains focused on the resistance zone between 3,876 and 3,959, which also coincides with the upper boundary of the Rising Wedge. A decisive close above this region, supported by improving participation, would confirm the breakout and could shift attention towards the higher-timeframe observation zones near 4,109 and 4,250. On the downside, 3,643 remains the first important support, while the structural invalidation level is positioned near 3,261. ________________________________________ 📖 Educational Note The combination of strong quarterly earnings, record vehicle sales, margin expansion, and a technical recovery within a Rising Wedge provides a constructive backdrop for the stock. However, from a technical perspective, the current setup will be considered fully confirmed only if price sustains above the wedge resistance with continued participation. Support and resistance levels should be treated as observation zones rather than predictive targets. Technical analysis and financial results are educational tools that help investors evaluate market structure and business performance within a disciplined risk-management framework. ________________________________________ Disclaimer This analysis is provided strictly for educational and informational purposes. It does not constitute financial, investment or trading advice and should not be interpreted as a recommendation to buy or sell any security. Investments in the stock market are subject to market risks, including the possible loss of capital. Historical performance, financial results, chart patterns and technical indicators do not guarantee future outcomes. Please conduct your own research and consult a SEBI-registered investment adviser before making investment decisions. STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this analysis.

by simpletradewithpatience

BSE Ltd — Pulling Back Hard, Watching the 0.618 Fib + Wedge Zone Overview BSE has had a strong run since April, but today it's seeing a sharp fall (currently down 2.11%, trading around 3,607). This drop has brought price right into an important zone — where an old Fibonacci level and a wedge pattern are meeting. Let's break down what we're watching. What's Happening Price rallied hard from 3,031 all the way to a high of 4,446 in just a couple of months. That's a big move, so some pullback is normal. Since then, price has been falling in a wedge shape (marked in red), and today's fall has pushed it right down to the 0.618 Fib level around 3,572. Right now, price is trading between its two EMAs — below the 50 EMA (3,800) but still above the 200 EMA (3,209). This tells us the bigger uptrend isn't broken, but the stock is definitely cooling off hard after its big run. Key Levels to Watch Zone to Watch: 3,570–3,610 (0.618 Fib + wedge support meeting here) If this zone breaks: next level is 0.786 Fib at 3,334 If price bounces from here: first hurdle above is 0.5 Fib at 3,739, then 0.382 Fib at 3,906 Bigger picture support: 200 EMA around 3,209 Since the Market Is Still Open Today This is based on where price is trading right now, not a closed candle. Since we're mid-session, wait for the close today (or even a session or two more) before treating this zone as confirmed support or a broken level. Two Ways This Can Go If the zone holds: A bounce from here, especially with a strong green candle, would be a good sign buyers are stepping back in. Watch for price to reclaim 3,739 next. If the zone breaks: A close well below 3,570 today or tomorrow would mean sellers are still in control, and 3,334 becomes the next zone to watch. Beginner's Lesson When a stock falls sharply after a big rally, it's easy to panic or get excited too early. The smart move is to mark the zone where multiple signals line up (like we did here with the Fib level and wedge), and then simply wait. Let price show you what it wants to do, rather than guessing in the middle of a sharp move. Conclusion BSE is testing an important zone today after a strong rally. As always, we prefer to wait for confirmation rather than jumping in mid-fall. We'll keep watching and post an update once this plays out. For educational purposes only. Not financial advice. Always manage your risk.

Hero will be next Hero in Auto Heromotor is on verge of breaking out Such type of breakout can't be missed at all. Risk is there to be early but if you see ather doing well which is parent company of heromotor then this is setting up for big bullish breakout.

AUDUSD 1H: Reclaiming the Base & Late Seller Trap (Long Setup)1. Market Context On the 1H chart, AUDUSD has successfully completed a deep liquidity sweep to flush out early retail buyers. After dropping below the local support to hit the absolute low of 0.65138 (marked by "Buyer Lose" and "No Buyer"), the price saw immediate institutional absorption. The market is now rallying and consolidating just below the local descending trendline. A confirmed breakout here will trigger a powerful short squeeze toward the major overhead resistance. 2. Sentiment & Price Trap Analysis • The Retail Buyer Shakeout (Buyer Lose): The sharp downward manipulation to 0.65138 successfully hunted the stop losses of weak-handed retail buyers who entered long positions too early. • The Late Seller Trap (No Buyer): As the price broke down looking extremely bearish, momentum retail traders aggressively chased the move by opening short positions near the bottom. However, the lack of follow-through and the quick rejection confirm that selling pressure has completely dried up, leaving these late sellers heavily trapped. • The Squeeze Catalyst (Break Signal): A decisive 1H candle close above the 0.65811 level (Break Signal) will instantly force these trapped sellers to cover their positions (by buying back). Their combined stop losses (buy stops) along with new buying momentum will act as rocket fuel to push the price toward the major descending trendline and key liquidity pool near 0.67200 (marked "Seller Wait Here"). 3. Trade Setup We target a high-reward long entry on the confirmed breakout of the local trendline to ride the short squeeze momentum. • Entry Zone: 0.65811 (Buying the confirmed breakout close / Break Signal) • Stop Loss (SL): 0.65138 (Placed safely below the ultimate manipulation low) • Take Profit (TP): 0.67200 (Targeting the major overhead descending trendline and key resistance) • Risk-to-Reward Ratio (R:R): Approx 2.1:1

TANLA PLATFORMS LTD (NSE: TANLA) — WEEKLY | ELLIOTT WAVE Elliott Wave Count Suggests Wave (v) Breakout Building Price: ₹569.55 on 14th July 2026 | Timeframe: Weekly Structure Overview Tanla's long-term move from the 2020 lows appears to be unfolding as a five-wave impulse: Wave (i) : Initial rally off the base, retraced to the 38.2%–23.6% zone (₹18.68–₹30.33) before continuation. Wave (iii) : The dominant extended wave, driving price sharply from the ~₹100 zone to the swing high near ₹1,800–1,900. Wave (iv) : Currently unfolding as a complex corrective structure — labeled A-B-C-D-E — taking the shape of a contracting/falling wedge (triangle) pattern, a classic wave (iv) formation (triangles often appear in the 4th wave position per Elliott Wave theory). Wave (v) : Anticipated next leg higher, projected toward new highs above the wave (iii) peak. Very Important Invalidation: A decisive weekly close below the level (₹360.0) as stop los / wedge lower boundary would put the bullish wave count at risk and suggest a deeper corrective structure instead. Watch For Volume expansion on the breakout candle Retest of the wedge trendline as new support post-breakout This is a technical/wave-count perspective for educational discussion, not financial advice. Elliott Wave counts are subjective and should be confirmed with additional confluence (volume, momentum, broader market context) before acting.

by hardeepssethi

HCLTECH Falling Wedge Breakout After Strong Q1 FY27 Results 📊 HCL Technologies: Daily Technical Snapshot – Falling Wedge Breakout After Strong Q1 FY27 Results 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: HCLTECH | DAILY Closing Price: 1,221.20 (+57.10 | +4.91%) Core Trend: Recovery within Long-Term Uptrend Market State: Confirmed Falling Wedge Breakout Price Structure: Price has broken above a multi-month Falling Wedge, supported by a strong bullish breakout candle and significantly higher trading volume. The breakout signals weakening selling pressure and improving buyer conviction. ________________________________________ OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS Model Reference Level: 1,237.00 Hard Invalidation Level: 1,119.00 Structural Risk: 118.00 (9.54%) Resistance Levels: R1 1,251.47 | R2 1,281.73 | R3 1,326.47 Support Levels: S1 1,176.47 | S2 1,131.73 | S3 1,101.47 Range Structure: Low 1,119.00 | High 1,326.47 Higher Timeframe Observation Zones: 1,355.00 | 1,472.95 ________________________________________ MOMENTUM, PARTICIPATION & CPR DATA Volume Profile: 9.03 Million Shares Volume Character: Very High Relative Participation RSI: 62.89 (Strong Momentum Zone) ADX: 14.20 (Early Trend Development Phase) ROC: +10.78% MACD Status: Fresh Bullish Momentum Structure CCI: +174.99 (Strong Bullish Momentum) Stochastic Reading: 92.37 (Extended Momentum Zone) Current Bias: BUY ON PULLBACKS CPR State: Bullish Zone | CPR Moving Up (Wide) Today's CPR: Pivot 1,169.70 | Top 1,166.90 | Base 1,172.50 Tomorrow's CPR (Projected): Pivot 1,206.75 | Top 1,213.95 | Base 1,199.50 ________________________________________ 📚 EDUCATIONAL OBSERVATION HCL Technologies has confirmed a breakout from a multi-month Falling Wedge, a chart pattern widely regarded as a bullish reversal formation that often develops after an extended corrective phase. The breakout is supported by a strong bullish candle, improving momentum indicators and significantly higher trading volume, reflecting renewed buying interest and strengthening market participation. A Falling Wedge forms as prices create progressively lower highs and lower lows within converging trendlines. As the pattern matures, selling pressure gradually weakens while buyers begin accumulating at lower levels. A decisive breakout above the upper boundary often signals that the corrective phase may be ending and that a fresh upward trend could be developing. Momentum indicators continue to support the improving technical structure. The RSI at 62.89 reflects healthy bullish momentum without entering an extreme overbought zone. MACD has generated a fresh bullish crossover, indicating strengthening upside momentum, while the ROC of +10.78% highlights strong price acceleration. The CCI reading of +174.99 confirms robust buying pressure, and the Stochastic reading of 92.37 reflects sustained momentum, although elevated readings also suggest that short-term consolidations or pullbacks remain a normal possibility after a sharp breakout. The projected Central Pivot Range (CPR) for the next trading session has shifted higher, with the projected Pivot at 1,206.75. A rising and widening CPR generally reflects improving market acceptance of higher prices and often supports trend continuation when accompanied by healthy participation. The current dashboard therefore maintains a constructive outlook with a preference for buying on pullbacks rather than chasing extended moves. Immediate attention remains focused on the resistance zone between 1,251 and 1,282. A sustained move above this region could strengthen the breakout further and bring the higher-timeframe observation zones near 1,355 and 1,473 into focus. On the downside, 1,176 remains the first important support, while the structural invalidation level is positioned near 1,119. ________________________________________ 🏢 BUSINESS & FUNDAMENTAL UPDATE HCL Technologies recently announced its Q1 FY27 financial results (quarter ended June 2026), delivering a strong operational performance despite a challenging environment for the global IT services sector. Key Highlights Net Profit: 4,624 crore, up 20.32% year-on-year from 3,843 crore. Revenue: 34,579 crore, representing 13.94% year-on-year growth from 30,349 crore. Interim Dividend: The Board declared an interim dividend of 12 per equity share (face value 2) for FY27. The record date is 17 July 2026, while the dividend will be paid on 27 July 2026. FY27 Guidance: Management reiterated its constant currency revenue growth guidance of 1–4%, maintaining its earlier outlook despite macroeconomic uncertainty. The quarterly performance comes at a time when the broader IT sector continues to face headwinds from cautious enterprise technology spending, reduced discretionary budgets and increasing discussions around AI-driven pricing pressure across traditional IT services. Against this backdrop, HCLTech's stronger-than-expected profitability, double-digit revenue growth and stable guidance demonstrate operational resilience and disciplined execution. Interestingly, the stock had already attracted strong buying interest ahead of the earnings announcement, rallying nearly 5% in the previous trading session. The combination of robust quarterly earnings, a healthy dividend announcement, stable management guidance and a technically confirmed Falling Wedge breakout provides both fundamental and technical support for the improving market structure. ________________________________________ 📖 Educational Note Support and resistance levels should be viewed as observation zones rather than predictive targets. Chart patterns, price action, volume analysis, momentum indicators and CPR are educational tools that help market participants understand evolving market structure within a disciplined risk-management framework. Similarly, strong quarterly results can improve investor sentiment but should always be evaluated alongside broader market conditions, valuation and risk management principles. ________________________________________ ⚠️ Disclaimer This analysis is provided strictly for educational and informational purposes. It does not constitute financial, investment or trading advice and should not be interpreted as a recommendation to buy or sell any security. Stock market investments are subject to market risks, including the possible loss of capital. Past performance, historical observations, chart patterns, earnings performance and technical indicators do not guarantee future results. Please conduct your own research and consult a SEBI-registered investment adviser before making investment decisions. STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this analysis.

by simpletradewithpatience

HEROMOTOCO — Falling Wedge Resistance Holds at the 50 EMA Overview Hero MotoCorp attempted to break above its falling wedge resistance today, touching a high of 4,975 before reversing sharply to close down 2.05% at 4,892.80. Notably, this rejection occurred right at the 50 EMA (4,994.61), which has been tracking closely with the wedge's upper boundary — a double layer of resistance that proved difficult to clear on the first attempt. Pattern Explanation The stock has been compressing inside a falling wedge since the December high of 6,388.50, with the upper resistance trendline and the 50 EMA converging in the same zone through recent sessions. This kind of confluence — a structural trendline lining up with a widely-watched moving average — often makes for a tougher resistance to clear cleanly, and today's rejection candle reflects exactly that dynamic. Sellers stepped in decisively at this zone rather than letting price consolidate above it. Key Levels Resistance (Wedge Trendline + 50 EMA Confluence): 4,975–5,000 Support (Wedge Lower Boundary): tracking near 4,750–4,800 currently Prior Swing Support: 4,671.50 Scenarios If support holds: A pullback that stabilizes above the wedge's rising support line and the recent low near 4,671 keeps the pattern intact, setting up a possible second attempt at the 50 EMA and resistance trendline later. If support breaks: A sustained close below the wedge's lower boundary would suggest sellers are back in control, with the pattern breaking down rather than resolving bullishly. Beginner's Lesson When a trendline and a moving average line up in the same price zone, it often creates a stronger resistance than either would on its own — this is called confluence. A single rejection at such a zone isn't necessarily bearish for the bigger picture, but it does tell you buyers need to work harder to clear it. Watching whether the stock holds its rising support on this pullback will say a lot about whether the next attempt has a better chance. Conclusion Hero MotoCorp's rejection at the 50 EMA and wedge resistance keeps the stock range-bound for now. Worth tracking how the pullback behaves relative to the wedge's support line before expecting another test of resistance. As always, wait for confirmation before drawing conclusions. Not investment advice. For educational purposes only. Please consult your financial advisor before making any trading decisions.

MCX Falling Wedge Recovery Setup 📊 MCX: Daily Technical Snapshot – Falling Wedge Recovery Setup 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: MCX | DAILY Closing Price: 2,742.00 (+98.80 | +3.74%) Core Trend: Downtrend (Swing Structure) Market State: Recovery Attempt Within Falling Wedge Price Structure: Price is trading inside a Falling Wedge, a bullish reversal pattern, after forming a Bullish Engulfing near the lower boundary. Buyers have defended support, and the stock is now attempting to challenge the upper boundary of the wedge. ________________________________________ OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS Model Reference Level: 2,766.00 Hard Invalidation Level: 2,571.80 Structural Risk: 194.20 (7.02%) Resistance Levels: R1 2,807 | R2 2,872 | R3 2,978 Support Levels: S1 2,636 | S2 2,530 | S3 2,465 Range Structure: Low 2,571.80 | High 2,978.00 Higher Timeframe Observation Zones: 2,872 | 2,978 | 3,100 | 3,180 ________________________________________ MOMENTUM, PARTICIPATION & CPR DATA Volume Profile: 4.93 Million Shares Volume Character: Strong Relative Participation RSI: 42.96 (Recovering Momentum Zone) ADX: 20.18 (Trend Development Phase) ROC: -3.14% MACD Status: Negative Momentum Showing Signs of Stabilization CCI: -155.33 (Recovering from Oversold Zone) Stochastic Reading: 35.72 (Recovering from Oversold Zone) Current Bias: WAIT FOR BREAKOUT CONFIRMATION CPR State: Bullish Zone | CPR Moving Down (Normal) Today's CPR: Pivot 2,651.55 | Top 2,655.75 | Base 2,647.40 Tomorrow's CPR (Projected): Pivot 2,701.00 | Top 2,721.50 | Base 2,680.50 ________________________________________ 📚 EDUCATIONAL OBSERVATION MCX has shown encouraging signs of recovery after forming a Bullish Engulfing candlestick near the lower boundary of a Falling Wedge, a chart pattern commonly associated with bullish reversals following a corrective phase. The recent price action suggests that selling pressure is gradually weakening while buyers have started defending lower price levels. The recent decline briefly pushed prices below nearby support before buyers quickly regained control, creating characteristics of a liquidity sweep (false breakdown). Such behaviour often reflects seller exhaustion, where weak hands exit the market before stronger buying interest emerges. The subsequent bullish engulfing candle reinforces this recovery attempt and highlights improving short-term sentiment. Several technical observations are currently supporting the developing structure: Falling Wedge Recovery Setup Bullish Engulfing Candlestick Liquidity Sweep / False Breakdown Strong Bullish Recovery Candle Bullish VWAP Position Strong Relative Volume Participation Buyers Regaining Short-Term Control Momentum indicators are beginning to stabilise after the recent correction. The RSI at 42.96 remains below the stronger momentum zone but has started recovering, indicating improving buying interest. MACD continues to remain below the zero line, suggesting that the broader corrective trend is still intact, although downside momentum appears to be slowing. The CCI reading of -155.33 reflects a deeply oversold condition from which the stock has begun recovering, while the Stochastic reading of 35.72 also points towards improving momentum after emerging from oversold territory. The projected Central Pivot Range (CPR) for the next trading session has shifted moderately higher, with the projected Pivot at 2,701.00. While this reflects improving market acceptance of higher prices, the setup continues to favour patience until a clearer directional breakout develops. The immediate technical focus remains on the upper boundary of the Falling Wedge, which also coincides with the resistance zone between 2,807 and 2,872. A decisive close above this region, supported by stronger-than-average trading volume, would confirm the wedge breakout and significantly improve the probability of a broader bullish reversal. Upon confirmation, the higher-timeframe observation zones near 2,978, 3,100, and 3,180 may become relevant for future market structure analysis. From a business perspective, Multi Commodity Exchange of India (MCX) is India's leading commodity derivatives exchange, facilitating trading across precious metals, base metals, energy and agricultural commodities. Continued growth in commodity market participation, increasing institutional activity and expansion of derivative products provide a constructive long-term backdrop for the company. Support and resistance levels should be viewed as observation zones rather than predictive targets. Chart patterns, candlestick analysis, price action, volume studies, momentum indicators and CPR are educational tools that help market participants understand evolving market structure within a disciplined risk-management framework. ________________________________________ ⚠️ Disclaimer This analysis is provided strictly for educational and informational purposes. This is not financial, investment or trading advice and should not be considered a recommendation to buy or sell any security. Stock market investments are subject to market risks, including the possible loss of capital. Past performance, historical observations, chart patterns and technical indicators do not guarantee future results. Please conduct your own research and consult a SEBI-registered investment adviser before making investment decisions. STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this information.

by simpletradewithpatience

BAJAJFINSV Falling Wedge Breakout Attempt 📊 Bajaj Finserv: Daily Technical Snapshot – Falling Wedge Breakout Attempt 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: BAJAJFINSV | DAILY Closing Price: ₹1,855.70 (+₹58.10 | +3.23%) Core Trend: Recovery within Intermediate Uptrend Market State: Bullish Recovery with Breakout Attempt Price Structure: Price is attempting to break above a Falling Wedge pattern after forming a Higher Low, supported by improving momentum. ________________________________________ OPERATIONAL PRICE GRID & KEY REFERENCE LEVELS Model Reference Level: ₹1,862.00 Hard Invalidation Level: ₹1,638.40 Structural Risk: ₹223.60 (12.00%) Resistance Levels: R1 ₹1,877.97 | R2 ₹1,900.23 | R3 ₹1,938.47 Support Levels: S1 ₹1,817.47 | S2 ₹1,779.23 | S3 ₹1,756.97 Range Structure: Immediate Trading Range ₹1,638.40 – ₹1,938.47 Higher Timeframe Observation: Sustained acceptance above ₹1,900 could strengthen the bullish structure towards the ₹1,940 region. ________________________________________ MOMENTUM, PARTICIPATION & CPR DATA Volume Profile: 1.79 Million Shares Volume Character: Normal Relative Participation RSI: 65.64 (Strong Momentum Zone) ADX: 21.33 (Trend Development Phase) ROC: +5.16% MACD: Positive Momentum Structure CCI: -46.11 (Recovering Towards Positive Territory) Stochastic: 97.04 (Extended Momentum Zone) Current Bias: BUY ON PULLBACKS AFTER BREAKOUT CONFIRMATION CPR State: Bullish Zone | Wide Projected CPR Today's CPR: Pivot ₹1,782.85 | Top ₹1,790.20 | Base ₹1,775.45 Tomorrow's Projected CPR: Pivot ₹1,839.75 | Top ₹1,847.70 | Base ₹1,831.75 ________________________________________ 📚 EDUCATIONAL OBSERVATION Bajaj Finserv has staged a strong recovery from its recent swing low and is now attempting to break above a Falling Wedge, a chart pattern that is commonly associated with bullish reversals when confirmed by price and volume. The recent formation of a Higher Low indicates that buyers have started defending higher price levels, suggesting an improvement in market structure. The latest session produced a strong bullish candle that challenged the upper boundary of the wedge, signalling renewed buying interest. Although trading volume remained within the normal range, the price action reflects improving market sentiment and increasing participation from buyers. Several technical factors are aligning in favour of the current recovery: Falling Wedge Breakout Attempt Higher Low Formation Strong Bullish Candle RSI Breakout Bollinger Band Expansion Positive Price-Volume Confirmation Improving Relative Strength versus NIFTY Buyers' Dominance Momentum indicators continue to support the developing structure. RSI at 65.64 reflects healthy bullish momentum without reaching extreme overbought conditions. MACD remains in positive territory, indicating improving trend strength, while ADX at 21.33 suggests that a new trend may be beginning to develop. Although CCI remains slightly negative at -46.11, it is steadily improving, indicating that bearish momentum is fading. The Stochastic reading of 97.04 highlights strong short-term momentum but also suggests that temporary pullbacks may occur after sharp advances. The projected Central Pivot Range (CPR) for the next trading session has shifted higher, with the Pivot projected at ₹1,839.75. A rising and wide CPR generally reflects improving market acceptance of higher prices and often supports trend continuation when accompanied by sustained buying interest. The immediate technical focus remains on the resistance zone between ₹1,878 and ₹1,900. A decisive close above this region, supported by stronger-than-average volume, would confirm the Falling Wedge breakout and strengthen the overall bullish structure. If confirmed, the next observation area lies near ₹1,938. On the downside, ₹1,817 acts as the first important support, while the structural invalidation level remains at ₹1,638.40. From a business perspective, Bajaj Finserv is one of India's leading diversified financial services companies with operations spanning lending, insurance, wealth management and digital financial services. Its diversified business model, strong brand presence and continued focus on financial inclusion provide a constructive long-term business outlook. Support and resistance levels should be treated as observation zones rather than predictive targets. Chart patterns, price action, volume analysis, momentum indicators and CPR are educational tools intended to help market participants understand evolving market structure within a disciplined risk-management framework. ________________________________________ ⚠️ Disclaimer This analysis is provided strictly for educational and informational purposes. It does not constitute financial, investment or trading advice and should not be interpreted as a recommendation to buy or sell any security. Investments in the stock market are subject to market risks, including the possible loss of capital. Historical performance, chart patterns and technical indicators do not guarantee future results. Please conduct your own research and consult a SEBI-registered investment adviser before making any investment decisions. STWP assumes no responsibility or liability for any financial loss arising directly or indirectly from the use of this analysis.

by simpletradewithpatience

HDFCBANK 1H | Rising Wedge Testing Support Near Range Resistance Overview HDFC Bank has been trading within a defined range on the 1-hour timeframe over the past three months, bounded by Range Resistance near ₹820 and Range Support levels around ₹726–730. After bouncing from the most recent range support, price has now formed a Rising Wedge as it approaches the upper boundary of this range — and it is currently testing the wedge's lower support line. The Broader Range Since mid-March, HDFC Bank has moved within a wide trading range. Price tested the upper boundary near ₹820 on two occasions and found support near ₹726–730 on two occasions as well. This range has effectively defined the stock's behaviour for over three months. The Rising Wedge — Current Focus Within the most recent leg up from the range support, a Rising Wedge has formed — two upward-sloping converging lines compressing price as it approaches the range resistance zone near ₹820. Price is currently sitting right at the lower boundary of this wedge, near ₹795. This is the critical level to watch right now. Key Levels 🔴 Range Resistance — 820 🔵 Wedge Support Test (current) — 795 🟡 Range Support — 730 (origin of the current rally) Two Scenarios 🟢 Scenario A — Wedge Support Holds If price holds above ₹795 and continues higher, the next test would be the Range Resistance at ₹820. A breakout above this level would be significant — it would mark the first close above the multi-month range high. 🔴 Scenario B — Wedge Breaks Down A Rising Wedge is typically a bearish pattern even within an uptrend. If price breaks below ₹795 and the wedge support fails, watch for a decline back toward the Range Support zone near ₹730–750. Why This Matters When a Rising Wedge forms near the top of a larger trading range, it adds an extra layer of caution to the bullish case. The wedge signals weakening momentum even as price approaches a key resistance level. Traders should watch for confirmation in either direction rather than assuming the range breakout will happen automatically. Conclusion HDFC Bank is at a decision point on the 1-hour chart. The Rising Wedge support is being tested right now, and the outcome here will likely determine whether price challenges the ₹820 range resistance or retreats back into the range. Watch the wedge support reaction closely over the next few sessions. For educational purposes only. Not financial advice. Always manage your risk.

RELIANCE 5 Year Trendline Meets Falling Wedge—Critical Junction Overview Reliance Industries — India's most watched stock — is currently sitting at one of the most significant technical junctions in the last 5 years. A long-term rising trendline that has held since 2021 is being tested simultaneously with a Falling Wedge pattern forming on the Daily chart. The confluence of these two structures makes the current price zone exceptionally important. Structure 1 — The 5-Year Rising Trendline Since the 2021 low of ₹830, Reliance has respected a clean rising trendline connecting each major swing low over 5 years. This trendline has been tested multiple times and has held every single time — making it one of the most reliable support structures on the Daily chart. Current price at ₹1,318 is sitting right on this trendline — making this the most critical trendline test in recent memory. A trendline that has held for 5 years and is being tested again carries enormous technical significance. The reaction here will define Reliance's trajectory for the coming months. Structure 2 — Falling Wedge (Short Term) Simultaneously, a Falling Wedge has formed on the Daily chart from the recent high of ₹1,611. Two downward-sloping converging lines have been compressing price since early 2026. The Falling Wedge is classically a bullish reversal pattern — it signals exhaustion of selling pressure. When combined with a major long-term trendline support, the bullish case becomes significantly stronger. (See zoomed chart in description for clearer wedge structure) Key Levels 🔴 Recent High — 1,611 🟡 Current Resistance — 1,300 (now being tested as support) 🟢 5-Year Trendline Support Test — 1,235 (dynamic, rising) 🟢 Next Major Support if trendline breaks — 1,155 Two Scenarios 🟢 Scenario A — Trendline Holds + Wedge Breakout Price respects the 5-year trendline and the Falling Wedge breaks upward. First target is reclaiming ₹1,300, then ₹1,400, with ₹1,611 as the ultimate resistance to clear. This would be a classic trendline bounce + wedge breakout combination. 🔴 Scenario B — Trendline Breaks If price closes decisively below the 5-year trendline on a daily basis, this would be a significant structural breakdown for Reliance. Next support levels come at ₹1,235 and ₹1,155. A breakdown of a 5-year trendline would signal a major shift in long-term sentiment. Why This Matters Beyond Reliance Reliance Industries carries approximately 10% weight in NIFTY 50. A major move in Reliance — up or down — directly impacts the index. This is not just a stock analysis — it is a macro signal for the broader Indian market. If Reliance bounces here, it adds a tailwind to NIFTY. If it breaks down, it becomes a headwind. Watch this level closely regardless of whether you trade Reliance directly. What This Setup Teaches Long-term trendlines are not drawn in days — they are built over years of price action. The longer a trendline holds, the more significant the next test becomes. When a short-term pattern like a Falling Wedge aligns with a long-term trendline at the same price zone, it creates a high-probability confluence that demands attention. This is why multi-timeframe analysis matters — the short-term pattern tells you the timing, the long-term trendline tells you the significance. Conclusion Reliance is at a make-or-break level. The 5-year trendline has held every test since 2021. The Falling Wedge is compressing price into a decision point. The next few daily candles will determine whether this becomes a launchpad or a breakdown. You may love Reliance or hate it — but right now, you cannot ignore it. For educational purposes only. Not financial advice. Always manage your risk.

POLYCAB | Rectangle Breakout→Rising Wedge→Breakdown in Progress Overview POLYCAB has completed a textbook three-phase technical sequence on the Daily chart — a long-term Rectangle base, followed by a powerful breakout rally, and now a Rising Wedge breakdown that appears to be unfolding in real time. Phase 1 — Rectangle Base (May 2024 to October 2025) For approximately 17 months, POLYCAB consolidated inside a well-defined Rectangle pattern between roughly ₹4,500 and ₹7,700. Price tested both boundaries multiple times — classic accumulation behaviour with neither buyers nor sellers in full control. Phase 2 — Rectangle Breakout & Rally In October 2025, price broke out of the upper boundary of the Rectangle decisively. This triggered a powerful rally from the ₹7,700 breakout zone all the way to a high of ₹10,126 — a move of approximately 2,400 points or 31% from the breakout level. During this rally phase, a Rising Wedge formed — two upward-sloping converging lines compressing price into a tightening structure. Phase 3 — Rising Wedge Breakdown (Now) The Rising Wedge is a bearish reversal pattern. Price tagged the wedge high at ₹10,126 and has since reversed sharply, breaking below the lower wedge boundary. Current price at ₹9,531 confirms the breakdown is in progress. This is the most critical phase to watch right now. Key Support Levels to Watch 🟢 Top Support — 9,294 🟢 Second Support — 8,794 🟢 Third Support — 8,294 🟢 Bottom Support — 7,737 (Rectangle breakout retest zone) Each level represents a potential area where buyers may step in. The most important is ₹7,737 — the original rectangle breakout level. If price reaches here and holds, it would be a classic breakout retest — a strong buy zone for long-term traders. Two Scenarios Going Forward 🔴 Scenario A — Wedge Breakdown Continues Price continues declining through support levels toward ₹8,794 and ₹8,294. Watch for volume confirmation on each break. Ultimate target of the wedge breakdown measured from the wedge height points toward the ₹7,737 breakout zone. 🟢 Scenario B — Support Hold & Recovery Price finds support at ₹9,294 and reclaims the wedge lower boundary. This would invalidate the breakdown and signal buyers are defending the structure. A close back above ₹9,750 would be the first confirmation. What This Setup Teaches After a strong breakout from a long base, markets often form a secondary pattern during the rally phase. A Rising Wedge within a bullish trend is a warning sign — it shows momentum weakening even as price makes higher highs. The lesson: breakouts don't always go straight up. Patterns within the rally phase deserve equal attention. Conclusion POLYCAB has delivered a complete three-phase technical sequence. The Rectangle base gave the foundation. The breakout gave the rally. The Rising Wedge is now signalling a potential correction phase. Watch the support levels closely — each one tells the next chapter of this story. For educational purposes only. Not financial advice. Always manage your risk.

ICICIBANK Triangle + Falling Wedge Played Out—Apex Decision Zone Overview ICICIBANK has delivered a textbook multi-pattern setup on the Daily timeframe. Two classic chart patterns formed back to back — a Symmetrical Triangle spanning over a year, followed by a Falling Wedge within the correction — and both have now played out with price rallying over 120 points from the breakout zone. The stock now sits at a critical Triangle Apex Zone — and the next move from here could be significant. Pattern 1 — Symmetrical Triangle (April 2025 to March 2026) A large symmetrical triangle formed over approximately 11 months on the Daily chart. The upper boundary connected a series of lower highs, while the lower boundary connected higher lows — classic converging structure indicating a period of indecision between buyers and sellers. Price tested both boundaries multiple times before eventually breaking down in early 2026, leading to the correction phase. Pattern 2 — Falling Wedge (April to June 2026) During the correction, a Falling Wedge formed — two downward-sloping converging lines compressing price between approximately ₹1,380 and ₹1,186. The Falling Wedge is a bullish reversal pattern — it signals exhaustion of selling pressure. Price broke out of the wedge at ₹1,265, confirmed the reversal, and rallied to a high of ₹1,404 — a move of approximately 139 points from the breakout level. Where We Are Now Price has pulled back slightly from the ₹1,404 high and is currently sitting at ₹1,387 — right at the Triangle Upper Band / Apex Zone near ₹1,393. This is the most important level on the chart right now. The triangle's upper boundary, which previously acted as resistance for over a year, is now being tested from below. Key Levels 🟡 Triangle Apex Resistance — 1,393 🟢 Falling Wedge Breakout Zone — 1,265 🟡 Next Resistance if triangle breaks — 1,500 🔴 Low of the move — 1,186 Two Scenarios Going Forward 🟢 Scenario A — Triangle Breakout Confirms A daily close above ₹1,393–1,400 with good volume would confirm a breakout above the triangle upper band. This opens the path toward ₹1,500 — the measured resistance level above. 🔴 Scenario B — Rejection at Apex If price fails to close above ₹1,393 and reverses, the triangle upper band has acted as resistance again. In this case watch ₹1,265 as the key support to hold the bullish structure. What This Setup Teaches Patterns within patterns are common in markets. A large triangle sets the broader context. A smaller falling wedge within the correction gives the entry signal. Understanding which pattern to trade and which to use as context is a key skill in technical analysis. The triangle told us the structure. The falling wedge told us the timing. Conclusion ICICIBANK has completed a clean two-pattern sequence and is now testing a critical decision zone. The next daily close above or below ₹1,393 will define the next leg. Watch the close carefully. For educational purposes only. Not financial advice. Always manage your risk.

TATA MOTORS 4H BULLISH Continuation Wedge TATA MOTORS 4H BULLISH Continuation Wedge NSE:TMCV Best Buy Entry Zone: Rs.397-400 TP1= Rs. 464 TP2= Rs. 487 S/L = Rs. 395 This analysis is for educational and informational purposes only and should not be considered investment advice. Market investments are subject to risks. Please consult your financial advisor before making any investment decisions.

by hardeepssethi

NZDUSD 1H - Reversal Plan: Trapping the Late Sellers 1. Market Sentiment & Price Trap Following up on our June 18th plan, the market has perfectly executed a psychological trap. The aggressive breakdown below 0.57500 triggered the "Buyer Lose" phase, forcing early longs to liquidate their positions. As price pushed into the 0.57100 zone, retail traders fell into the trap, aggressively chasing the momentum with late shorts. However, the "No Buyer" signal at the absolute low indicates that the selling pressure has dried up after the liquidity sweep. Market makers have successfully trapped the FOMO sellers right at the bottom of the descending structure. 2. Technical Structure Price is currently holding firm above the multi-week major descending trendline support and the critical horizontal floor at 0.56862. The local consolidation right above this green support line shows that the bearish momentum has completely faded, setting the stage for a sharp short squeeze to clean out the trapped sellers. 3. Tactical Execution We trigger a long position to exploit the trapped short positions and target the upper liquidity pools. • Entry Zone: 0.57312 (Current market price) • Stop Loss (SL): 0.56858 (Placed safely below the key green support line) • Take Profit (TP): 0.58320 (Targeting the upper counter-trendline and major liquidity pool) • Risk-to-Reward (R:R): Approx 2.2:1

Suzlon Energy Ltd Chart Analysis Technical Outlook Currently trading within a long-term descending channel, a structure that has been guiding price action for several months after finding support near the lower boundary of the channel, the stock witnessed a sharp recovery and is now approaching the upper trendline resistance around ₹59. One of the most notable features on the chart is the highlighted "Order Block" around ₹50 this area previously attracted strong buying interest and has acted as an important demand zone during the recent recovery the fact that price is holding above this level suggests that buyers remain active and are willing to accumulate shares at higher prices. The current setup is particularly interesting because the stock is testing the upper boundary of the descending channel a decisive breakout above this resistance could signal a shift in market structure from correction to expansion such breakouts often attract fresh participation as traders look for confirmation that the downtrend has ended. Price Projection The projected move on the chart is based on the height of previous impulsive rallies within the same structure. Historically, Suzlon has demonstrated the ability to generate strong upside moves after establishing support near the lower boundary of the channel. If the breakout is confirmed, the first major objective lies near the ₹70-75 zone, followed by a potential move toward ₹85-90. These levels are not predictions but rather technical projections derived from previous price swings and the overall channel structure. Fundamental Outlook One of the key participants in India's renewable energy sector, particularly in wind energy solutions. The company continues to benefit from increasing government focus on clean energy, rising renewable capacity targets, and growing investment in sustainable infrastructure. Investors should closely monitor order inflows, project execution, profitability trends, debt management, and future capacity expansion. Continued improvement in these areas would strengthen the company's long-term growth story and provide additional support for the ongoing technical recovery. Investment Perspective The current setup presents a classic "pre-breakout" scenario. Price has recovered strongly from major demand zone and is now challenging long-term resistance. The ₹50-51 order block remains the key support area, while the ₹58-60 zone serves as the immediate hurdle for bulls. A sustained breakout above channel resistance could significantly improve the technical outlook and potentially initiate the next phase of the uptrend. Until then, traders and investors should closely monitor price behavior around the current resistance zone for confirmation of strength.

Looks like a breakout is possible It has been making in sideways direction for a long time The dividend is growing The management is strong The B2C business is better

by liondewarangal

Reliance (1H): Ending Diagonal Pattern At Major Support Floor Looking at Reliance Industries Limited (RELIANCE) on the 1-hour chart, a classic Elliott Wave setup is developing right at a major historical price floor. Let us break down the wave structure, look at the recent global market development, and plan a risk-managed approach for the week ahead. The Macro Picture: The 5-3-5 Zigzag Looking at the broader structure from the 1,473.40 peak, the market has been correcting in a clear 5-3-5 Zigzag pattern: Wave A: A clean 5-wave impulse down to 1,312.60. Wave B: A 3-wave (A-B-C) corrective bounce that topped out near 1,371.10. Wave C: A final 5-wave leg down to clear out the remaining sellers. The Highlight: Ending Diagonal Wedge in Wave 5 The final leg of Wave C is the most important part of this chart. It is forming an Ending Diagonal Wedge, which is visible between the two narrowing blue trendlines. This pattern is significant for three reasons: Seller Exhaustion: The overlapping micro-waves (i to v) show that even though the price is grinding lower, the selling momentum is drying up. Key Support Alignment: The wedge is sitting directly on a major horizontal support zone. RSI Bullish Divergence: While the price made a lower low, the RSI indicator made a clear higher low (the solid line at the bottom). This indicates that the downward trend is losing strength. The Monday Reality Check: Managing the US Market Sell-Off On Friday, US indices faced a major sell-off after Indian markets closed, with the Nasdaq dropping over 4% and the S&P 500 down over 2.5%. This global weakness means Reliance will likely face heavy selling pressure and a potential gap-down open on Monday. This global panic is exactly why a rule-based strategy is necessary. We do not guess or buy blindly at the open. Instead, we let the market choose between two paths: Path A (The Throw-Over): Panic causes a brief plunge below the green support line to flush out weak hands, but institutional buyers quickly step in and push the price back up into the wedge. If this happens, the bullish setup stays alive. Path B (Structural Breakdown): Heavy local selling cuts cleanly below the green support line on high volume. If this happens, the ending diagonal pattern is dead, Wave C is extending deeper, and we completely stay out of the trade. The Strategy: Safe Entry vs Invalidation To protect capital in an uncertain market, we only enter when the price confirms a reversal. Bullish Entry Trigger Trigger Level: A clean hourly candle close above 1,308.50 (the peak of minor wave iv). Reasoning: Waiting for a close above 1,308.50 breaks the lower-high structure, confirms a breakout above the upper blue trendline, and proves that buyers have overcome the global market weakness. Invalidation Level (Stop Loss) The Line in the Sand: The green Support / Invalidation line. Reasoning: If the price breaks and holds below this floor, the analysis is wrong. The trade idea is cancelled immediately to preserve trading capital. Disclaimer: This post is for educational purposes only and is not financial advice. I am not a SEBI-registered analyst. Please do your own research and manage your risk carefully.

Sensex - What next?The price has formed a falling wedge pattern, which is bullish in a smaller time frame. As tomorrow is a trading holiday, on Friday, the price can open gap up or down depending on the global market situation. Nearby resistance is at the 76500 zone, and support is at the 75300 zone. Buy above 76160 with the stop loss of 75980 for the targets 76320, 76500, 76680, 76840 and 77040. Sell below 75800 with the stop loss of 75980 for the targets 75660, 75400, 75240, 75060 and 74960. Always do your analysis before taking any trade.

ICICIGI ( On the verge of breakout )Symmetrical triangle on the verge of breakout with price trading above the 200EMA, while RSI approaching 60 signals strengthening momentum and bullish continuation. DISCLAIMER This channel is for educational and self-analysis purposes only. We share technical levels, charts, and market insights based on publicly available information and multiple sources. These are not financial or investment recommendations. I am not a SEBI-registered analyst. Please consult your financial advisor before making any trading or investment decisions. DIGITAL TRADING FLOOR ✅ Technical charts & analysis ✅ Educational market updates ✅ For learning purposes only

by Digital_Trading_Floor

Gold Rejects Premium After H4 Liquidity Sweep Price swept the H4 highs and immediately delivered a bearish CISD on H1 while trading inside premium pricing. Current framework: H4 liquidity already raided H1 bearish CISD confirmed Fresh H1 bearish FVG created Price retracing into premium arrays Sell-side liquidity resting below current structure Major H4 lows acting as downside draw My expectation: As long as price trades below the bearish H1 FVG and order block, the probability favors continuation lower into resting liquidity and H4 lows beneath. The market often engineers upside liquidity first before expanding aggressively into sell-side targets.

by YCGH_Capital

NIFTY DEFENSE very big break out NIfty Defense is giving very big break out on chart , rectangle break out can take this index to 20-22% higher from here aprox 11000 from 9300. Many defense stocks also giving big break out , MZDOC, HAL,BDL etc. I am not a SEBI-registered Investment Adviser or Research Analyst. The views expressed here are solely my personal opinions and for educational purposes. This is not a solicitation to trade. Investing in securities is subject to market risks; I assume no responsibility for any profit or loss arising from this post. I hold any position in the mentioned security.

IRCON the stock has a falling wedge pattern. The stock previously has been consolidating into a falling wedge pattern, which is a bullish pattern. By the structure and the definition, we can expect it to attain the all-time high and reach levels that are astonishingly 80 to 100 of the current stock value. Trade accordingly. Do not put in one go. Make sure the retest is there. Please note I'm not a SEBI registered advisor. Thank you.