Long
Long
Long
Long
Long
BHEL: Bear Flag on Weekly, Fundamentals Don’t Help EitherBig Picture (Weekly)
BHEL formed a bearish pole and flag on the weekly chart. After a sharp fall, price moved into a rising, overlapping channel — typical corrective behaviour.
Wave X looks completed near 305.9 . As long as price stays below this level, the structure favours another leg down.
Zoom In (1H)
From 305.9 — 240.5 , price unfolded in a clean ABC zigzag , marking (a) of Y .
The current rise is overlapping, slow, and wedge-shaped , suggesting a corrective (b) of Y , not a new trend.
Confluence to note:
Rising wedge formation
0.618 retracement of the entire fall near ~280
Momentum losing steam near resistance
A break below the lower wedge trendline is the trigger for the final (c) of Y decline.
Fundamentals Check
Fundamentals are not supporting upside here:
P/E ~118 — wildly stretched for a PSU with low returns
ROCE ~2–3% — weak capital efficiency
Operating margins ~5.5% — thin and fragile
Free cash flow = inconsistent — spikes, then collapses; not durable
Debt increased sharply in the latest year
In short: price optimism > business reality.
Trade View
Bias: Bearish below 305.9
Entry:
On a 1H breakdown below the rising wedge
Targets:
165 (primary)
150 (extended, if momentum expands)
Invalidation:
Weekly close above 305.9 — bearish view fails
Bottom Line
This is a classic case where structure, lower-timeframe signals, and fundamentals are aligned .
Until proven otherwise, rallies look corrective — not the start of a new bull run.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions. 
Short
CADCHF-M15CAD/CHF has delivered a textbook sell-side liquidity raid beneath the Asian range, purging weak longs before staging an aggressive displacement higher. The reaction from the discount array suggests deliberate smart money activity, with price repricing toward equilibrium after leaving a clear imbalance in the wake of the impulsive markdown.
The current dealing range is defined by the recent swing high and the freshly engineered liquidity low near 0.56420. With price now trading back above the mean threshold, the narrative shifts toward a draw on liquidity resting at the buyside pools overhead.
Orderflow observations indicate:
• **Liquidity Event:** External range liquidity was efficiently harvested, followed by immediate rejection, signaling absorption rather than continuation.
• **Displacement:** The impulsive rally establishes a short-term market structure shift, increasing the probability of continuation toward premium.
• **Fair Value Gap (FVG):** Price is actively rebalancing the inefficiency, reinforcing the case for algorithmic delivery toward opposing liquidity.
• **PD Array Alignment:** Current pricing favors rotation from discount to premium within the active dealing range.
**Execution Framework:**
Tactical longs remain favorable on shallow retracements into imbalance or consequent encroachment, provided price maintains acceptance above 0.56420. Failure to hold this level would imply incomplete sell-side objectives, exposing the pair to deeper liquidity magnets.
**Liquidity Targets:**
Primary draw rests at 0.56540, with resting buyside liquidity projected near 0.56680. A clean expansion through this zone could trigger a momentum cascade toward 0.56790.
Until proven otherwise, expect algorithmic delivery to favor premium pricing as the market seeks balance after the engineered liquidity event.
Long
Long
Long
Short
Long
Long
Long
Short
Flag pole and Wedge🧭 Overview
The chart illustrates a strong bullish impulse followed by a descending wedge formation, a well-known trend continuation structure.
After a sharp upward move (flag pole), price enters a controlled pullback where volatility contracts, forming lower highs and slightly lower or stable lows.
This setup represents a healthy pause in the trend, indicating accumulation and preparation for a potential bullish continuation.
⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻
📊 Chart Observations
1. The initial move shows strong bullish momentum, creating the flag pole with decisive candles.
2. Following the impulsive rally, price starts forming Lower Highs, indicating short-term profit booking.
3. Simultaneously, the lows remain controlled and gradual, shaping a descending wedge structure.
4. Price consolidates within the wedge, reflecting volatility contraction and market balance.
5. The prior flag pole suggests that the dominant trend remains bullish, favoring continuation rather than reversal.
6. As the wedge tightens, pressure builds for a breakout, typically in the direction of the prevailing trend.
7. Confirmation: A valid bullish continuation is confirmed when successive candles close above the upper wedge trendline.
⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻
🟢 Summary
Structure: Flag Pole + Descending Wedge
Market Context: Strong uptrend with healthy corrective consolidation
Trade Bias: Bullish — focus on breakout above the upper wedge boundary
Key Validation: Consecutive candle closes above wedge resistance
⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻
⚠️ Disclaimer
📘 For educational purposes only
🙅 Not SEBI registered
❌ Not a buy/sell recommendation
🧠 Shared purely for learning and pattern understanding
📊 Not Financial Advice Crompton Greaves Falling?Technical (upgrade)
Crompton Greaves Consumer Electricals has been sliding inside a falling wedge, but price is trying to base around ₹248-252 (teal support on your chart). A daily close above ~₹260–262 (wedge top/near-term trendline) would confirm a breakout and set up a move toward ₹275 first and ₹300 next If price fails and closes back below ₹248, treat it as a false start and expect the downtrend to resume keep risk tight in that zone.
Fundamentals (quick, clean)
Latest print showed mixed trends—Q2 FY26 consolidated revenue ~₹1,915.6 cr, PAT ~₹75.4 cr, with margin pressure; the quarter also carried an exceptional ₹20.36 cr charge for the Vadodara plant restructuring. Butterfly (kitchen appliances) grew double‑digits YoY and lighting rose ~3% YoY, partly offsetting weakness in electric consumer durables. The company fully repaid its ₹300 cr NCDs in Jul‑2025 and said it is net‑cash/zero‑debt, which is a positive for flexibility. Valuation and efficiency are mid‑pack for consumer durables (P/E ~34–35; P/B ~4.3–4.9; ROE ~13–15%; ROCE ~15–19%). Net‑net: fundamentals are stable but margins need rebuilding—if your chart gets the ₹260–₹262 breakout, technicals can align with a gradual recovery story.
Like, comment your thoughts, and share this post
Explore more stock ideas on the right hand side your feedback means a lot to me!
Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation. 
Long
Long
Long
Short
Sensex - Expiry day analysis Dec 17The price faced resistance from the 84900 zone and fall towards the support at the 84500 zone. It broke 84500, and the bulls came to push the price up. This movement has formed a falling wedge pattern. The pattern is bullish, but the opening strength will decide the trend direction.
The daily chart clearly shows how the price is facing resistance from the channel and is still bearish.
If the price opens flat, buy above 84540 with the stop loss of 84400 for the targets 84660, 84780, 84960, 85080 and 85200.
84900, 85000 can act as resistance. If the price opens gap up at resistance levels and shows bearish strength, the falling wedge pattern won't work.
If the price opens below 84500 and shows bearish strength, sell below 84240 with the stop loss of 84400 for the targets 84100, 83960, 83800 and 83660.
Always analyse the market before taking any trade.
