Chart Patterns
Rattan India Enterprise cmp 49.50 by Weekly Chart viewRattan India Enterprise cmp 49.50 by Weekly Chart view
- Support Zone 37 to 41 Price Band
- Resistance Zone 55 to 60 Price Band
- Volumes are getting in close sync with avg traded quantity
- Will we get to see a Breakout happening that crosses the Resistance Zone and expect a fresh upside momentum ????
DBLDBL showing strength after so long. Now fresh volume may push it towards all time breakout. Near 560 level it may face resistance but if in case it successfully sustains above that then it has a potential to do wonder in span of 6-12 months. It can go up to 775 to ATH even. Fundamentally too showing good strength in recent quarters. All the factors are currently supporting. My view will be changed if it breaks 480 and closes below it. Track it closely.
JIOFIN - First leg of impulse is over? pullback to 260 is due?Be it the Harmonic pattern or the EW counts, or the channels, the price seems to have reached the PRZ and it is prudent to expect a meaningful Dip/correction on this counter.
In this chart, I have drawn the EW channels connecting 0-1-2 as well as 2-3-4.. all worked like a charm including the preferred fib levels for each rise and fall.
wave 3 got rejected at 1.618 fib extension, while wave 4 got terminated at 38% fib. Wave 5 extension is also as per the preferred fib extension levels only.
I have copied herein the Harmonic level chart from my previous post for reference.
I am expecting this correction to reach minimum 260-250 levels (38-50% of the entire rise from 198.68 to 299.25
Trade with caution
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Falling wedge pattern with supporting signals-Eternal LtdETERNAL LTD is showing a positive technical setup on the weekly chart as of June 9, 2025. The stock has broken out of a falling wedge pattern and retested the same breakout zone of 230 levels, indicating a potential bullish reversal. Momentum indicators support the move, with the MACD moving upwards and the RSI rising to 58.5, suggesting strengthening buying interest without being overbought. This is just for educational purpose and not any recommendation.
XAUUSD – Shaky below resistance, clear bearish signal formingGold is showing signs of weakness after retesting the resistance area around 3,394 USD. The current price structure indicates a failed minor rebound – most likely a false breakout, suggesting the potential for another leg down.
On the H4 chart, price has slipped below the EMA34 and is heading toward the EMA89 zone. If selling pressure continues, the next target will be the strong support around 3,167 USD. A break below this level could trigger a deeper decline toward the 3,114 USD zone.
Notably, price action is forming a short-term “lower high” – a classic characteristic of a downtrend. The strategy now is to closely monitor the retracement zone around 3,320–3,330 USD for reversal signals, rather than trying to catch a bottom too early.
Sideways Gold, Stronger Dollar: A Pause Before the BreakGold attempted a bullish breakout recently but failed to sustain momentum and is now back within a consolidation zone between 3,250–3,350. The repeated failure to break above descending trendline resistance suggests weakening buyer strength. It is currently forming lower highs, indicating distribution or sideways movement rather than a clear rally.
On the other hand, DXY has bounced from a key demand zone near 99.00, showing signs of short-term strength. It is now targeting the 102.60–104. resistance zone, which aligns with a Fibonacci retracement. If DXY continues higher, it could put pressure on gold prices in the near term.
Given this context, it is wise to remain on the sidelines for the next 2–3 weeks and wait for one of two scenarios:
1. DXY rejection from the 102.60–104 area – This would support a bullish case for gold.
2. Gold breakout above 3,400 with strong volume or need another bounce from lower support area as marked on chart which can provide confirmation of bullish continuation.
Until then, gold is likely to stay in a range or face minor downside due to DXY strength.
Banknifty updated levels avoid fresh buy at current price How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Nifty updated levels avoid fresh buy at current price How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Copper buy on dip long term Target 930-940 in 40-45 days How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Natural gas not giving directional move better to avoid How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Crude updated currently at Resistance area 5550-60 avoid buying How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Silver 105600 Target hit premium members continuesly buying 95k How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Gold sell given on premium channel at 99200, Booked at 96480How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Gold sell given on premium channel at 3392 Target hit 3395 How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Utilizing Bollinger Bands for VolatilityBollinger Bands are one of the most popular tools used by traders to assess market volatility and potential price action.
Created by John Bollinger, this indicator consists of a middle band (a simple moving average) and two outer bands that represent standard deviations away from the average. When markets get quiet or volatile, Bollinger Bands visually show the expansion or contraction, helping traders adapt their strategy in real-time.
What Are Bollinger Bands?
Middle Band: Typically a 20-day simple moving average (SMA).
Upper Band: Two standard deviations above the SMA.
Lower Band: Two standard deviations below the SMA.
These bands adjust dynamically based on market conditions, making them ideal for tracking price volatility.
Why Use Bollinger Bands?
Volatility Indicator: Bands widen during high volatility and contract when the market is quiet.
Price Targets: Prices tend to return to the mean (middle band), which can act as a support or resistance level.
Breakout Signals: A sudden expansion in bands often signals a strong move in either direction.
Common Trading Uses
Bollinger Bounce: When the price touches the lower or upper band and reverts toward the middle band.
Bollinger Squeeze: A narrowing of the bands that signals an upcoming breakout. Traders prepare for strong movement in either direction.
How to Apply on TradingView
Search for Bollinger Bands in the indicator list.
Apply it with default settings or tweak the period and standard deviation based on your strategy.
Combine with volume, RSI, or candlestick patterns for better trade confirmation.
Conclusion
Bollinger Bands are versatile and work across all timeframes and asset types. They’re especially useful for spotting volatility shifts, timing breakouts, and identifying mean-reverting opportunities.
Like any indicator, they work best when combined with broader analysis, not used in isolation.
Idea on nifty for todayNifty may open around 25160 as per pre market. The investors are cheered and welcomed decision by RBI in the REPO rate cut upto 50 basis based on this nifty climbed upto 1% in friday and closed decisively above 25000 which is psychological mark for short term. We expect some positive momentum in real estate, infrastructure, automobile components, and banking stocks due to repo rate cut by RBI. The important thing is Rbi changed its stance from expansionary phase to neutral phase which indicated the money supply and rate cuts may halt for some period of time which may curb upside momentum in indexes. The VIX Which is volatality in has cooled and come below 15% which is favourable number to bulls and also we expect the volatility may cooled off in index.
PCR(put and call ratio) has closed above 1% it indicated the put options written more than call options it suggested that the bullish momentum exists in the market. This market strategy changed to buy on dips from sell on rise.
Support levels : 24872,24760
Resistance levels : 25190,25314
Disclimer : I am not a SEBI RESEARCH ANALYST AND FINANCIAL ADVISOR so please take advise from ur financial advisor before initiated any positions on my recommendations.
these recommendations are only for education purpose,not for trading and investment purpose please have a advise from your financial advisor before investing on my recommendations.
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ADANI GREEN ENERGY - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup
📌 Stock: ADANI GREEN ENERGY ( NSE:ADANIGREEN )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹1018.00 (Breakout Confirmation)
🛑 Stop Loss: ₹956.00 (Daily Closing Basis) (-6 % Risk)
🎯 Target Levels:
₹1049.65
₹1081.45
₹1116.80
₹1155.90
₹1197.35 (Final Target)
Technical Rationale
✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation
✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone)
✅ Volume Confirmation - Breakout volume 2.62M vs previous day's 1.4M (Nearly 2x surge)
✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength
Key Observations
• The breakout comes with significantly higher volume, validating strength
• Well-defined pattern with clear price & volume breakout
• Conservative stop loss at recent swing low
Trade Management Strategy
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer ⚠️
This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information.
What do you think? Are you watching NSE:ADANIGREEN for this breakout opportunity? Share your views in the comments!
HLW GLASSCOAT - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup
📌 Stock: HLE GLASSCOAT ( NSE:HLEGLAS )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹428.95 (Breakout Confirmation)
🛑 Stop Loss: ₹340.00 (Daily Closing Basis) (-20 % Risk)
🎯 Target Levels:
₹466.45
₹507.20
₹551.55
₹599.75
₹641.30
₹690.10 (Final Target)
Technical Rationale
✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation
✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone)
✅ Volume Confirmation - Breakout volume 140.38K vs previous day's 55.08K (Nearly 3x surge)
✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength
Key Observations
• The breakout comes with significantly higher volume, validating strength
• Well-defined pattern with clear price & volume breakout
• Conservative stop loss at recent swing low
Trade Management Strategy
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer ⚠️
This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information.
What do you think? Are you watching NSE:HLEGLAS for this breakout opportunity? Share your views in the comments!
EURUSD NEXT POSSIBLE MOVE🔵 EUR/USD | 10 June 2025 | ICT Intraday Outlook
Market Open: 1.13893
Previous Day High: 1.14577
Previous Day Low: 1.13715
Key Structure Level (PDH BOS Point): 1.14312
Sentimental Range for Sell Target: 1.13420
---
🧠 Market Context:
The market opened today below the previous day’s midrange, suggesting a neutral to bearish tone in early sessions.
We are currently within a consolidation between PDH and PDL, and watching for a liquidity sweep + BOS setup in either direction.
📌 Buy Scenario (Bullish Bias):
If price breaks above 1.14312 (previous structure) and sweeps buy-side liquidity, then:
Expect a retracement back into the FVG or OTE zone between 1.14100–1.14200
Confirmation of displacement + bullish order block around this zone could signal a long opportunity.
🎯 Buy Target : Retest of PDH 1.14577, extended target toward 1.14780 and above.
📌 Sell Scenario (Bearish Bias):
If price breaks below 1.13715 (PDL), expect:
Sell-side liquidity sweep, leading to a displacement candle
Wait for price to retest 1.13700–1.13820 area (M15 OB/FVG)
If lower high confirms, watch for short setups
🎯 Sell Target: Drop into the sentimental level of 1.13420
🔑 Summary:
Direction Trigger Break Level Entry Zone Target
Buy Break & sweep 1.14312 1.14100 – 1.14200 (OTE) 1.14577 → 1.14780
Sell Break 1.13715 1.13700 – 1.13820 retest 1.13420 (sentiment)
📊 Market Model: ICT Liquidity Sweep + Displacement + Entry Model (FVG or OB)
📅 Session: London to NY overlap