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IEX | Consolidation BreakOut | DailyHere’s a **condensed Wyckoff Accumulation Analysis** based on your most recent chart for **Indian Energy Exchange Ltd. (IEX)**: --- 🔍 **Key Wyckoff Phases & Levels:** * **PS (Preliminary Support):** Initial slowing of the downtrend. * **SC (Selling Climax):** Sharp selloff forming the bottom. * **AR (Automatic Rally):** First bounce confirming initial demand. * **ST (Secondary Test):** Testing previous lows around SC. * **Spring:** Fakeout below support, creating panic-selling before reversal. * **Markup Phase:** Breakout above resistance, transitioning to uptrend. --- 📈 **Critical Price Zones:** * **Support:** \~₹203 and 190 * **Resistance:** \~255 --- ⚡ **Technical Indicators:** * **RSI:** Above 60 with breakout, suggesting strong momentum. * **Volume:** Increased volume on breakout candles signals institutional accumulation. --- 💡 **Conclusion:** IEX has confirmed the Wyckoff accumulation pattern and is now in the **markup phase**, targeting ₹245 to 255 if it sustains above ₹203 and 190.
NSE:IEXLong
by VCharts_TA
2
Gold Trading Strategy for 10th June 2025📈 Gold Intraday Trading Strategy (XAU/USD) Effective for short-term trades | Timeframe: 15-min & 1-hour 🟢 Buy Setup – Bullish Breakout ✅ Entry Condition: Buy only if a 15-minute candle closes above 3351. 📌 Confirmation: Wait for the close, not just a wick or spike. 🎯 Targets: Target 1: 3362 Target 2: 3373 Target 3: 3384 🛑 Suggested Stop Loss: Below 3338 (recent swing low or structure support) 🔴 Sell Setup – Bearish Breakdown ✅ Entry Condition: Sell only if a 1-hour candle closes below 3319. 📌 Confirmation: Ensure candle body closes clearly below this level. 🎯 Targets: Target 1: 3305 Target 2: 3293 Target 3: 3281 🛑 Suggested Stop Loss: Above 3330 (recent swing high or resistance) ⚠️ Important Notes Use proper risk management – Do not risk more than 1–2% of your capital per trade. Confirm entry with volume, candlestick confirmation, or supporting technical indicators (e.g., RSI, MACD, trendline breaks). Avoid trading during high-impact news events unless you're experienced. 📜 Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Trading in gold or any financial market involves substantial risk, and you may lose your capital. Always do your own research and consult with a professional financial advisor before making trading decisions.
FOREXCOM:XAUUSD
by ramkkyy
5
BIG MOVE AHEAD The Flag and Pole pattern is a continuation pattern in technical analysis that signals a brief consolidation before the price resumes its previous trend. It consists of two parts: - Pole – A strong price movement in one direction (either bullish or bearish). - Flag – A short consolidation phase where price moves sideways or slightly against the trend. The Head and Shoulders pattern is a well-known reversal pattern in technical analysis that signals a potential trend change. It consists of three peaks: - Left Shoulder – A price rise followed by a peak and then a decline. - Head – A higher peak than the left shoulder, followed by another decline. - Right Shoulder – A lower peak than the head, similar in height to the left shoulder. The pattern is confirmed when the price breaks below the neckline, which connects the lows between the shoulders and the head. This breakdown often signals a bearish reversal.
TVC:DJILong
by Faizgazi
TEA CUP $ HANDLE The Cup and Handle is a bullish continuation pattern that signals a potential breakout. It consists of two main parts: - Cup Formation: A rounded bottom resembling a "U" shape, indicating consolidation after a price decline. - Handle Formation: A slight downward drift or sideways movement, forming a small pullback before the breakout. Key Characteristics: - Bullish Signal: The pattern suggests a continuation of an uptrend. - Breakout Point: Occurs when price moves above the handle’s resistance. - Volume Confirmation: A breakout with strong volume increases reliability. - Target Projection: The expected price move is often equal to the cup’s depth.
Long
by Faizgazi
Garuda: Riding the Momentum WaveFrom February to late May 2025, the stock of GARUDA was trading in a sideways consolidation range, roughly between ₹100 (support) and ₹115-₹120 (resistance). The recent powerful green candles have shattered the upper boundary of this range. Also, the most significant event on the daily chart is the decisive breakout from a descending trendline that had capped prices. Also, LL and HH formation observed on daily chart. The breakout was accompanied by a significant spike in volume ( 862.88K shares ), which is substantially higher than the average volume during the consolidation period. High volume on a breakout lends strong credibility to the move. The RSI is at a strong 69.20 . It is in bullish territory and rising, indicating strong buying momentum. It is approaching the overbought region (>70), but is not there yet, leaving room for further upside before becoming extended. If the stock consolidates above the ₹120-₹121 support level. Buyers step in on any minor dip till ₹118 , and the price then continues its upward trajectory towards the resistance targets of ₹129 and subsequently ₹149 . Disclaimer: This technical analysis is for informational purposes only and should not be considered as financial advice. Trading in the stock market involves risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NSE:GARUDALong
by NiftyNotions
Jayshree Tea: A Worthy Stock Pick!The chart of JAYSHREETEA provides delineates critical price thresholds that signify breakout points, along with specific support levels that serve as indicators of where buying interest may manifest. Additionally, the chart highlights regions likely to act as ceiling points for future price ascensions, allowing for informed decisions on entry and exit strategies. Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
NSE:JAYSREETEALong
by NiftyNotions
BIG FAT W MTFThe double bottom is a classic bullish reversal pattern in technical analysis. It resembles the letter "W", forming after a downtrend when the price hits a support level twice before breaking out upwards. Key Features: - Two distinct lows at roughly the same price level. - A peak (neckline) between the two lows. - Breakout confirmation when the price moves above the neckline. Trading Strategy: - Entry: Traders often enter a long position once the price breaks above the neckline. - Stop-loss: Placed below the second bottom to manage risk. - Target price: Typically measured by the distance between the neckline and the bottoms, projected upwards.
NSE:ADANIENSOLLong
by Faizgazi
USDT Dominance Crypto Path & Commentary for Bull Run- USDT D is currently trading at 4.64% and looks bearish from a Market Structure Shift - USDT D can now soon move towards 4.88% and purge that to trap late longs and that should be the last bounce before we drop to 3.7% - Another case is if we don't see USDT getting rejected badly from 4.88% then we might see another structure shift which will be Bullish and then we might soon see USDT heading towards 5.25% - From a structure perspective I like how the setup is building in USDT D from a Bullish Perspective for the overall market - USDT D dropping to 3.7 will help in a good recovery when it comes to Alts - From an entry perspective watch out for 4.79-4.88% 5.15-.5.25% in Spot
CRYPTOCAP:USDT.DLong
by VKtradesimbalance
TOTAL 2 Price Action & Commentary - T2 is currently trading at 1.17T$ down from 1.28T$ - T2 is currently trading a discount array but the structure needs more strength and infusion. - We need to see a structure shift above 1.28T$ and then retrace back after purging that recent swing high - That retracement is going to be a confirmation entry offering a decent R:R - However, for a larger R:R we need to enter in Alts setting up strong at this stage after pairing the location of USDT Dom which will help you refine your entry location - Manage you risk and allocation size accordingly
CRYPTOCAP:TOTAL2Long
by VKtradesimbalance
MCX - Price Struggles at Resistance, Demand Zones in FocusMulti Commodity Exchange(NSE: MCX) 📅 Date: June 10, 2025 🕒 Timeframe: 15-Minute Chart Price Struggles at Resistance, Demand Zones in Focus ________________________________________ 🔍 Chart Overview • The 15-minute MCX chart reveals a strong bullish leg that recently reached a key supply zone. • After hitting resistance, price action is consolidating, showing hesitation among traders. • This phase marks a crucial decision point for market direction ahead. • Volume activity supports this scenario, with rising participation around these levels indicating increased market interest. • Traders should watch closely for breakout or reversal signals. ________________________________________ 🧱 Support & Resistance Levels • Resistance: 8119 | 8282 | 8581 • Support: 7657 | 7358 | 7195 ________________________________________ Demand Zones to Watch • 7460.50 - 7386.50: Primary Demand Zone — A previous base and breakout level where strong buyer interest is evident. | Stop Loss (SL): 7376 • 7297 - 7245: Secondary Demand Zone — Historical support zone with prior strong price reactions. | Stop Loss (SL): 7235 • Risk:Reward: 1:1 | 1:2+ ________________________________________ 📌 Setup Notes • Well-defined demand zones suggest institutional activity — ideal for intraday or quick swing setups • Price reacting repeatedly at these zones adds confidence for risk-managed trades • Wait for bullish or bearish candle confirmation near the edges before entering • RSI/MACD crossovers can add confirmation to zone entries ________________________________________ ⚠️ Caution • On higher timeframes, price is hovering near the upper range — long trades from demand zones carry added risk • Avoid chasing fresh longs unless there's strong confirmation (volume spike or breakout candle) • Mid-range trades = lower conviction — wait for clean rejection or breakout near zones ________________________________________ ⚠️ Risk Management Tip • Always use fixed SLs — defined zones make it easier • Risk only a small % of capital — these are intraday setups • Stick to the trade plan — don’t let FOMO force early entries ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not financial advice or a buy/sell recommendation. Trading involves significant risk. Consult a SEBI-registered advisor before making any trading decisions. The author is not SEBI-registered and holds no responsibility for any outcomes. Always do your own research and manage your risk wisely. ________________________________________ 👇 What’s Your Take? • Are you tracking this MCX setup too? • Do you see a breakout coming or another rejection from resistance? • What indicators or patterns do you rely on for confirmation? ________________________________________ 💬 Share your views, charts, or strategies below. Let’s grow together as traders. ________________________________________ 🧠 Trade with Patience. Trade with Confidence. 🔔 Follow @simpletradewithpatience for more intraday setups and zone-based insights!
NSE:MCXLong
by simpletradewithpatience
1
LETS GO 26000 A triangle breakout is a key technical pattern in trading that signals a potential continuation or reversal of a trend. It occurs when price action breaks out of a triangle formation, which can be ascending, descending, or symmetrical. - Ascending Triangle: Bullish pattern where price breaks above resistance. - Descending Triangle: Bearish pattern where price breaks below support. - Symmetrical Triangle: Neutral pattern where price can break in either direction. Traders often look for high volume confirmation to validate the breakout and set targets based on the triangle's height. False breakouts can occur, so risk management is crucial.
NSEIX:NIFTY1!Long
by Faizgazi
KOTAK BK BREAKOUTA trendline breakout occurs when price moves beyond a well-defined trendline, signaling a potential shift in market direction. It can be bullish (price breaks above a downward trendline) or bearish (price breaks below an upward trendline). Key aspects to consider: - Volume Confirmation: A breakout with strong volume is more reliable. - Retest of Trendline: Price often retests the broken trendline before continuing. - False Breakouts: Watch for fake moves that reverse quickly.
NSE:KOTAKBANKLong
by Faizgazi
RECLTD BUY ABV 450The double bottom is a classic bullish reversal pattern in technical analysis. It resembles the letter "W", forming after a downtrend when the price hits a support level twice before breaking out upwards. Key Features: - Two distinct lows at roughly the same price level. - A peak (neckline) between the two lows. - Breakout confirmation when the price moves above the neckline. Trading Strategy: - Entry: Traders often enter a long position once the price breaks above the neckline. - Stop-loss: Placed below the second bottom to manage risk. - Target price: Typically measured by the distance between the neckline and the bottoms, projected upwards.
NSE:RECLTDLong
by Faizgazi
PFC BUY ABV 438The double bottom is a classic bullish reversal pattern in technical analysis. It resembles the letter "W", forming after a downtrend when the price hits a support level twice before breaking out upwards. Key Features: - Two distinct lows at roughly the same price level. - A peak (neckline) between the two lows. - Breakout confirmation when the price moves above the neckline. Trading Strategy: - Entry: Traders often enter a long position once the price breaks above the neckline. - Stop-loss: Placed below the second bottom to manage risk. - Target price: Typically measured by the distance between the neckline and the bottoms, projected upwards.
NSE:PFCLong
by Faizgazi