Reliance: Downside Risk at Overhead ResistanceThe primary thesis for NSE:RELIANCE outlines a potential bearish continuation from a designated higher resistance zone, projecting a decline toward established lower support structures following a retracement.
The current market price is 1175, with the four-hour average true range standing at 17, defining the typical volatility of a single candle. The focal area for this setup is the overhead resistance zone spanning from 1237 to 1252. This specific band represents the largest shelf on the volu
The Breakout Trap: Why Weekly Resistance Matters More Than DailyAPOORV DUBEY | SEBI Registered Research Analyst
This chart is shared solely for educational illustration of technical analysis and is not a recommendation to BUY, SELL or HOLD
STUDY ON FAKEOUTS and BIRDS EYE VIEW
1) LEFT - DAILY TIMEFRAME: THE BREAKOUT EXCITEMENT
Price pushes above a visible horizontal resistance area, creates a higher high and attracts significant trading volume.
But the very next candle delivers a sharp bearish reversal, resembling a bearish Marubozu, pulling price
Canara Bank Q2 FY27 Result Analysis๐ Key Financial Highlights
Net Profit: โน5,175 crore, up 8.4% YoY from โน4,774 crore and 6.6% QoQ from โน4,856 crore.
Net Interest Income (NII): โน11,005 crore, increasing 20.4% YoY and 7.7% QoQ. Strong core interest income remains the major positive.
Net Interest Margin (NIM): Improved to 2.55%, compared with 2.50% a year ago and 2.52% in the previous quarter.
Interest Income: โน35,159 crore, up 11.5% YoY, while interest expenses increased 7.8%. This favourable gap supported NII growth.
Ope
Dr. Reddy's Laboratories | Elliott Wave Analysis๐ Dr. Reddy's Laboratories | Weekly Chart | Elliott Wave Projection
NSE:DRREDDY appears to be developing a long-term bullish Elliott Wave structure within a rising parallel channel. The advance from the 2022 low could represent the beginning of a larger upward move, with the potential for an extended Wave ((III)) .
๐ฏ Elliott Wave Price Projections
- Near-Term Upside: 1319 โ 1479
- Extended Target: 1942
- Bullish Extension Scenario: 2691+ if Wave (III) develops into an extended impulse.
INDIAN HOTELS | Descending Channel Breakout & ConsolidationOn the daily timeframe, Indian Hotels Company has shown a recovery from its recent lows and a breakout above the previous descending channel trendline.
Price is currently consolidating in a range around โน700โโน755, forming a short-term structure that may lead to a potential breakout or breakdown.
Key Levels to Watch:
Resistance: โน750โโน755
Immediate Support: โน700โโน705
Bullish Scenario: A decisive breakout above โน755, supported by strong volume, could indicate further upside momentum.
Bearish
Higher Highs, Flip Zone, Liquidity Sweep: Read the ChartAPOORV DUBEY | SEBI Registered Research Analyst
โ ๏ธ This post is for educational purposes only. It is not a recommendation to buy, sell or hold any security.
Why this post?
The aim is not to forecast anything. It is to show you how to read price structure yourself, step by step. All the levels discussed are marked on the chart.
1. Higher High, Higher Low structure
A classical uptrend is a series of higher highs (HH) and higher lows (HL).
Each pullback holds above the previous low, and ea
YUKENGO LONG YUKEN AT 930-345 LEVEL
Key Levels:
Immediate resistance: โน960 (prior swing high) โ โน1,040 (gap zone from earlier retracement)
Support/base: โน840โ860 (recent breakout shelf) โ โน698 (secondary demand zone)
Invalidation: A daily close below โน840 would weaken this breakout thesis
View:
Structurally, this looks like a momentum continuation setup โ a stock basing after a steep correction, then breaking out with strength. Not a "near 52-week low" value pick; this is a breakout/momentum trade
Global Financial MarketsGlobal financial markets are systems where people, companies, and governments buy and sell financial assets across the world. They help move money from those who have extra funds to those who need funds.
Main Types of Global Financial Markets:
Stock Markets โ Buying and selling shares of companies (e.g., NYSE, NSE).
Bond Markets โ Governments and companies borrow money by issuing bonds.
Foreign Exchange (Forex) Markets โ Trading currencies like USD, EUR, INR.
Commodity Markets โ Trading gold, o
A Spectrum Shift!Pattern Structure: The chart showcases a well-defined descending wedge breakout.
Volume Analysis: A substantial surge in buying volume confirms the validity of the breakout, providing the necessary conviction to protect against potential false signals.
Supply and Demand Conversion Zone: Observe the transition zone on the chart: a former demand area that flipped into resistance, and has now been decisively reclaimed, positioning it to act as support once again.
Importance of Risk Management: S
BUY TODAY SELL TOMORROW for 5%DONโT HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup and handle breakout in PASUPTAC
BUY TODAY SELL TOMORROW for 5%
TCS IS BACK IN ACTION (AI ERA) ๐ TATA CONSULTANCY SERVICES (NSE: TCS) โ Breakout After Q2 FY27 Results ๐
TCS has broken out of a multi-week downward trendline after forming a rounding-bottom (cup) structure on a strong demand zone. The breakout came with a spike in volume right after the Q2 FY27 results.
- India's largest IT services company by market cap, with a very large order book
โโโโโโโโโโโโโโโโโโโโ
๐ข Q2 FY27 RESULTS (8 Oct 2026)
โโโโโโโโโโโโโโโโโโโโ
๐ฐ Revenue: โน73,188 cr
๐ Net profit: โน13,884 cr
๐ค AI Revenue: annual
Buy Today, Sell Tomorrow for 3-5% - Daily Breakout SetupRAIN โ BTST BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined โ Helping You Plan Your Trade With Confidence.
๐ Stock Strength: 75/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
๐ Trade Type: BTST
โโโโโโโโโโโโโโโโโโโโ
๐ฏ TRADE LEVELS
ENTRY: โน236
๐ STOP LOSS
ATR SL: โน221
๐ฏ TARGETS
3โ5%
โโโโโโโโโโโโโโโโโโโโ
๐ VOLUME
20D Volume: 359%
Buy Today, Sell Tomorrow for 3-5% - Daily Breakout SetupHINDCOMPCO โ BTST BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined โ Helping You Plan Your Trade With Confidence.
๐ Stock Strength: 97/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
๐ Trade Type: BTST
โโโโโโโโโโโโโโโโโโโโ
๐ฏ TRADE LEVELS
ENTRY: โน466
๐ STOP LOSS
ATR SL: โน438
๐ฏ TARGETS
3โ5%
โโโโโโโโโโโโโโโโโโโโ
๐ VOLUME
20D Volume
SKYGOLD Bullish Breakout from Rectangular ConsolidationLooking at the daily timeframe for Sky Gold and Diamonds Limited, the stock has been trading within a clear rectangular consolidation zone for several weeks.
The price action was largely range-bound, oscillating between a support level near the 740 zone and a resistance level around the 850 mark.
Recently, we can observe a strong bullish breakout above the upper boundary of this consolidation box.
Crucially, this breakout candle is accompanied by a massive surge in trading volume, which valida
PRADPME Bull Flag Breakout Validated by Historic VolumePradeep Metals Limited is demonstrating a classic bullish continuation setup on the daily timeframe.
After a strong initial rally from the 380 levels up to 600 (forming the flagpole), the stock entered a multi-month consolidation phase within a well-defined descending channel.
The most recent price action shows a decisive breakout above the upper resistance line of this channel.
Crucially, this breakout is supported by a massive spike in volume (over 514K), which dwarfs the average daily vol
Buy Today, Sell Tomorrow for 3-5% - Daily Breakout SetupBHEL โ BTST & SWING BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined โ Helping You Plan Your Trade With Confidence.
๐ Stock Strength: 100/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
๐ Trade Type: BTST & Swing Trade
โโโโโโโโโโโโโโโโโโโโ
๐ฏ TRADE LEVELS
ENTRY: โน463
๐ STOP LOSS
ATR SL: โน441
๐ฏ TARGETS
T1: โน479
T2: โน500
T3: โน523
โโ
RAMBHAJO Strong Breakout Above Key ResistanceTaking a look at the daily timeframe for Advit Jewels Limited, we can see a compelling technical setup.
After a strong impulsive move in late August, the stock entered a period of healthy consolidation, forming a clear resistance ceiling around the 307.80 mark.
In the most recent trading session, the price printed a strong bullish Marubozu-style candle, successfully breaking and closing above this key resistance level at 328.00 (+7.51%).
This decisive price action indicates a high probability
HCLTech Surges Following Strong Q2 ResultsHighlights
HCLTech is trading around โน1,335โโน1,345 after a sharp earnings-led rally. The stock gained approximately 8.4% on October 13 following its Q2 FY27 results announced on Monday, October 12, rather than Saturday.
Immediate resistance is around โน1,350โโน1,355. A sustained breakout above โน1,355 could push the stock towards โน1,380โโน1,400, followed by โน1,430.
On the downside, โน1,315โโน1,325 is the immediate support zone, while โน1,280โโน1,300 remains the stronger demand area.
Momentum has
DIVGIITTS Classic Break and Retest Setup at Key SupportOverview & Technical Analysis
Looking at the weekly chart for Divgi TorqTransfer Systems Ltd, we can observe a textbook example of a "break and retest" technical setup.
The stock recently broke out of a structural base, forcefully clearing a major horizontal resistance line at 1,115.4.
This breakout was accompanied by a massive surge in buying volume, validating the upward momentum.
Following the initial upside rally, the price pulled back to retest the 1,115.4 level. As per classic market st























