Asian Paints – Daily Analysis – Up to 4.16% UPSIDE Potential. NSE:ASIANPAINT
Asian Paints Ltd. is attempting a technical reversal on the daily chart after experiencing a steep correction from its high. Price recently swept into a lower demand area, creating a base low at ₹2,356.20 inside the major GAP/Support & REVERSAL box ( ₹2,356.20 – ₹2,391.00 ). This lower test is accompanied by a clear RSI Bullish Divergence (Rsi D Potential) , as the RSI oscillator makes higher lows against lower price levels. Currently trading at ₹2,444.00 (+2.14%), p
The Golden Marubozu Trap : A Price Action Strategy StudyThis historical March 2026 study demonstrates a framework I call the Golden Marubozu Trap Setup. Using older than 3 months charts here to showcase a concept for educational purposes only
It starts on the Monthly timeframe.
First, I identify a significant Swing Low → Swing High and apply Fibonacci retracement across the move. The key observation comes when price produces a strong bearish monthly candle and pushes below the 61.8% Fibonacci retracement.
At first glance, the breakdown looks dec
ABFRL – Daily Analysis – 4.5% to 11.5% UPSIDE Potential.NSE:ABFRL
Aditya Birla Fashion and Retail Ltd (ABFRAL) is attempting to form a short-term base on the daily chart following a steep decline from its swing high above ₹62.00 . Price recently established a lower low around ₹47.88 , accompanied by an early RSI Bullish Divergence (Rsi D Potential) signal, as the RSI indicator printed a higher low against declining price levels. Currently trading at ₹49.14 (+2.25%), the stock is coiling below the BUY trigger level at ₹49.63 , setting up
BEL: Big Move Ahead? Breakout vs BreakdownBHARAT ELECTRONICS LTD. (BEL) – TECHNICAL ANALYSIS
Chart Timeframe: Daily
CMP: ₹393.55
Setup: Descending Channel + Support Zone + Elliott Wave Structure
1. Key Technical Observation
BEL has been trading inside a well-defined descending channel since the March 2026 high. Price has now reached an important support zone of ₹382–389 , where previous price reactions are visible.
The stock is currently trading around ₹393.55, slightly above this support area. This makes ₹382–389 an imp
Rally Halt Rally: The Simple Cycle Most Traders IgnoreHistorical chart older than three months, shared solely for educational purposes to explain market structure and technical-analysis concepts. No current market view or recommendation is being expressed.
When viewed candle by candle, markets can look complicated.
Zoom out to the monthly timeframe, and the structure can become surprisingly simple.Noiseless
This historical chart demonstrates a cycle I repeatedly study.
Rally 1 : Price enters a strong expansion phase. As momentum builds, atte
OPTIEMUS It partnership with CMF Brand, circuit hit. After 20%, then another 20% circuit. Let the price fall a little, let it touch 10–20 EMA support. I will enter after it supports. This time will not enter above high because those who entered after the news will book profit and exit. Let the weak hands exit. SL must be hard.
ENGINERSIN : at a Make-or-Break Weekly Zone📊 Engineers India Limited – Weekly Technical View
CMP: ~₹176 | Timeframe: Weekly
Trend: Higher-timeframe uptrend, currently correcting
🔍 Structure
After a strong rally in 2023–24, the stock is in a healthy corrective phase inside a broad rising structure. This is consolidation, not breakdown.
📌 Key Levels & Psychology
🟦 Buy Zone: ₹167–199 (50%–78.6%)
• Value area after rally
• Dip buyers & short covering active
🟨 Deeper Buy Zone: ₹147–152
• Panic selling exhaustion zone
🔴 Invalidation: We
One point looking good from here
*One Point One Solutions Ltd - ₹69.60*
- *Pattern:* 2 Year Darvas Box Consolidation (2024-2026)
- *Darvas Box Range:* 40 - 72
- *Breakout Level:* 69.60 - Breakout Confirmed with high volume (42M)
- *Supply / Resistance Zone:* 72 - 80 (Potential selling pressure)
- *Support Level:* 40.44
Educational Purpose Only - Not a Buy/Sell Recommendation | Not SEBI Registered
Smart Money Footprint: Step-by-Step Price MovementNSE - The chart shows a controlled stair-step decline, where each downward move is followed by a small pause before the next leg lower. From a Smart Money perspective, this may indicate that larger participants are managing their participation gradually rather than aggressively loading positions at once. Price is now approaching the zone where strong buying interest was visible during the IPO session. This area may therefore become important for studying liquidity, absorption and buyer reaction.
Bharat Forge Ltd - Inverted Head and ShouldersBharat Forge is forming a classical Inverted Head & Shoulders pattern, a potential bullish reversal structure visible on the chart. The pattern will become technically active only after a decisive breakout and sustained closing above the neckline zone. A failed breakout or rejection from the neckline would weaken the setup.
The RSI has remained above the 50 level during the last several sessions, indicating improving bullish momentum and increasing buyer participation. The 50 EMA is also slopin
Breakout in Anawil WireSymmetrical Triangle Breakout Setup
RSI above 65 and rising
Trading above EMA50
Volume increasing
Testing ATH
Disc: for study, not a recommendation
ALong
MPS – Two Counts Worth TrackingThe primary count suggests the larger Wave (iv) correction may be complete, with the next impulse developing higher. Within this move, blue Wave 1 appears to have formed as a Leading Diagonal, followed by Wave 2.
There is also an alternate orange ABC count, where the correction from the recent high is still unfolding. This would mean the current bounce may be part of Wave B, with Wave C still pending.
The next few sessions should help distinguish between the two structures.
#MPS #ElliottWave
HBL Engineering (HBLENGINE) Structural BreakthroughHBL Engineering (HBLENGINE) is flashing a highly anticipated structural breakout after trapping price action within a massive triangle pattern just below its previous major resistance hurdle at the 700 mark.
The core intent of this trend is prolonged compression leading to institutional expansion. By consolidating tightly around the multi-month previous high of 700, the stock effectively squeezed out weaker retail hands while building energy. The creation of the triangle pattern right below a he
CHEMPLAST Bullish RSI DivergenceChemplast Sanmar (CHEMPLASTS) is flashing strong, textbook reversal signals after a prolonged, continuous downtrend.
The core intent of this trend is a transition from extreme seller exhaustion to active buyer accumulation. While the falling price action suggests continued weakness, the underlying market structure reveals a completely different story. The distinct bullish RSI divergence proves that selling momentum has run out of steam, while a massive surge in trading volumes over the last few
BSE Ltd — Weekly Analysis - Bearish
🔻 Inverted Flag & Pole breakdown confirmed
✅ Breakdown + retest completed, with rejection from the flag resistance.
Immediate support: ₹3,000–2,950
🔻 Below ₹2,950 → ₹2,700 → ₹2,400 → ₹2,200
Major resistance: ₹3,350–3,450
Above ₹3,450 → bearish setup weakens.
📉 RSI ~42 → momentum remains weak.
View: Bearish below the retest zone. The projected measured-move target from the pattern is around ₹2,200.
DISCLAIMER:
For educational and informational purposes only. This is my person
KAYNES TECHNOLOGY INDIA LTD (NSE) – 1H ELLIOTT WAVE OUTLOOKNSE:KAYNES has completed a large A-B-C corrective decline from the wave (b) high near ₹7,600, with wave (a) unfolding into a full 5-wave impulse (①-②-③-④-⑤) down to the wave (c) low near ₹2,995.
Wave Structure:
Wave (a): 5-wave decline from ₹7,600 to the (c) low
From the (c) low, a new impulse is developing: wave ① up → wave ② down → wave ③ up (strongest leg) → wave ④ pullback → wave ⑤ currently completing near ₹3,650
This wave ⑤ marks the end of minor wave 1/A
Price is now expected to corr
HDFC Bank — Weekly AnalysisCurrent Price : 735.60
🔴 Triple-top breakdown + Inverted Flag & Pole structure visible.
Price is below 0.382 Fib ₹771.75 → resistance.
₹695 (0.50 Fib) is the key support.
🔻 Below ₹695 → ₹618 → ₹589 → ₹509
🔼 Reclaim above ₹772 → bearish setup weakens; ₹867 becomes next resistance.
Key view: Structure remains bearish below ₹772, with ₹695 as the crucial breakdown level. Wait for a weekly close below ₹695 + retest for stronger downside confirmation.
Bank Nifty: Sust























