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GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELSXAU/USD TRADING PLAN 10/06/2025 – GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELS!
🌍 MACRO CONTEXT – FUNDAMENTAL ANALYSIS
Geopolitical tensions and monetary policy: The market is currently in a wait-and-see phase, with major decisions pending from important meetings, especially statements from the Federal Reserve (Fed) and global conflict situations. These factors could have a significant impact on market sentiment and volatility in gold.
Weak economic data from major economies such as the U.S. and the Eurozone indicates challenging economic conditions, leading investors to view gold as a safe-haven asset.
Interest rates: Although the Fed continues its rate hike policy, financial market uncertainties could continue to support gold as a preferred asset class.
📉 TECHNICAL ANALYSIS
On the M30–H1 timeframe, XAU/USD is currently moving within a rising channel. After the correction in Wave 4, gold has bounced back in the 335x region and is now preparing to confirm the next trend. Signals from EMA indicate accumulation, potentially setting up for a strong rally ahead.
Key resistance levels: 3,338 – 3,345 (unexplored FVG region). If gold breaks above 3,345, a continued rise to 3,353 is highly likely.
Key support levels: 3,282 – 3,275. If gold retests these levels without breaking them, the chances of a rebound are strong.
🎯 TRADE SETUPS FOR TODAY
🔵 BUY ZONE:
Entry: 3,302 - 3,304
SL: 3,296
TP: 3,306 → 3,310 → 3,314 → 3,318 → 3,325
🔴 SELL ZONE:
Entry: 3352 - 3354
SL: 3,358
TP: 3,348 → 3,344 → 3,340 → 3,330 → 3,320
⚠️ NOTE:
Risk management: Expect significant volatility as the market awaits important news this week.
Wait for confirmation: Technical signals are for guidance; clear confirmation from the charts is needed before entering trades.
📌 CONCLUSION:
Gold is currently in a sideway phase and may be preparing for a breakout if these key support and resistance levels are breached.
Traders should monitor both macroeconomic factors and strategic price zones to make informed trading decisions.
NMDC By KRS Charts9th June 2025 / 19:01
Why NMDC?
1. Dow Theory , it turned into Bullish Trend with Higher Highs & Higher lows.
2. Huge Accumulations since many Years and as I said above HHs & HLs.👆
3. In major timeframes stock is above 100EMA which is sign that more upside might possible.
4. Wave counts are picture perfect with more than 0.618 retracement for wave(2) and Reversed to upside from 0.5 Retracement between wave(2) & wave4 bottom points.
Targets & SL is mentioned in Chart.
NSE:NMDC NSE:CNXMETAL
IEX | Consolidation BreakOut | DailyHere’s a **condensed Wyckoff Accumulation Analysis** based on your most recent chart for **Indian Energy Exchange Ltd. (IEX)**:
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🔍 **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.
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📈 **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.
OFSS | Cup and Handle | Breakout | Daily **Oracle Financial Services Software Ltd. (OFSS)** based on the charts you provided:
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🔍 **Patterns and Structure Observed:**
* The chart shows a **Cup and Handle breakout** pattern, where the price formed a large rounding bottom (Cup) and a handle consolidation (Triangle).
* The breakout occurred above the **₹8,913** level with strong volume, confirming the bullish move.
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🔹 **Key Levels:**
* **Breakout Level:** ₹8,913
* **Current Price:** \~₹9,161
* **Immediate resistance zone:** ₹9,538
* **Higher targets:** ₹10,685 based on the measured move of the Cup and Handle pattern.
* **Support zone:** ₹8,900–₹9,000.
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🔹 **Volume & Momentum:**
* There is a **significant volume spike** at the breakout, suggesting institutional interest.
* If the price sustains above the ₹9,000–₹9,100 zone, the breakout is likely to be validated, with further upside likely.
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🔹 **Implication:**
As long as the price stays above the breakout zone 8,900, the chart favors further upside toward the next resistance targets. If the price reverses below the ₹8,900 zone, the breakout could be invalidated.
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SIEMENS LTD - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup
📌 Stock: SIEMENS LTD ( NSE:SIEMENS )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹3383.00 (Breakout Confirmation)
🛑 Stop Loss: ₹3208.00 (Daily Closing Basis) (-5 % Risk)
🎯 Target Levels:
₹3484.50
₹3589.10
₹3696.80
₹3807.70
₹3922.00 (Final Target)
Technical Rationale
✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation
✅ Strong Momentum - Daily RSI >69 , Weekly RSI >59 & Monthly RSI >59 (Bullish zone)
✅ Volume Confirmation - Breakout volume 15.52M vs previous day's 4.27M (Nearly 4x 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:SIEMENS for this breakout opportunity? Share your views in the comments!
GBPUSD - FACES RESISTANCE AS BEARISH SIGNALS EMERGESymbol - GBPUSD
CMP - 1.3525
GBPUSD has been rallying amid a weakening US dollar but is now encountering strong resistance and showing signs of a false breakout suggesting a potential corrective phase ahead.
The pair is currently testing a key resistance zone within a distribution phase, with a double top pattern forming on the higher timeframe - a classic bearish reversal signal. Despite the broader bullish structure, the failure to sustain gains above key resistance 1.3600 and ongoing consolidation below 1.3545 point to weakening momentum.
Additionally, the US dollar has reached support levels and may begin to recover, adding further downward pressure on GBPUSD.
Resistance levels: 1.3548, 1.3570, 1.3600
Support levels: 1.3512, 1.3455
If the pair cannot hold above 1.3565 during this retest, a deeper pullback is likely, potentially offering short opportunities. The correction could extend toward the 1.3450–1.3365 & may test 1.3300 support range before any continuation of the broader uptrend.
Ethereum Breakout Imminent?🚨 Ethereum Breakout Imminent?
CRYPTOCAP:ETH has been trading in a wide range:
👉 Support: ~$2,362
👉 Resistance: ~$2,735
Now ETH is once again testing this critical resistance zone with higher lows and rising volume — a classic breakout setup in play.
What to watch:
✅ Break & close above $2,735 → $2,800 → $2,900 → $3K
❌ Rejection → back to $2,400–$2,500 range.
Summary:
Ethereum is building momentum → next move could be explosive.
Will it break out or rotate? Stay sharp!
NFA & DYOR
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.
Gold ,Momentum on MuteGold continues to trade within a well-defined range, showing no clear breakout or breakdown. Price remains trapped between the narrow range . Despite brief upward attempts, bearish pressure near the red trendline has kept the market capped this suggesting indecision as neither bulls nor bears have seized control. Unless we see a decisive break above 3330-40 area (previous support now resistance) red descending trendline or below the support region, price is likely to remain sideways and choppy in the short term.
This remains a non-trading zone for directional traders. Better opportunities may emerge after a volatility expansion outside this range.
TRENT | rectangle range breakout |DailyHere’s a **technical analysis summary** for TRENT Ltd (NSE: TRENT) based on the chart you provided:
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🔍 **Pattern Observed:**
The chart highlights a **rectangle range breakout** or a **horizontal consolidation breakout**. Price was consolidating between \~₹4,670 and ₹5,750 levels for several weeks and has now broken out above ₹5,750, confirming the breakout.
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🔹 **Key Levels:**
* **Breakout zone:** ₹5,750
* **Current price:** \~₹5,913.50
* **Next resistance/target:** Measured move target around ₹6,847–₹6,900 based on the height of the rectangle (₹1,083.55 added to the breakout point).
* **Support:** ₹5,750–₹5,600 zone.
---
🔹 **Volume is missing during breakout.
Watch Skipper in the coming days Skipper Ltd is engaged in manufacturing and selling of Transmission & Distribution Structures and Pipes & Fittings.
Ascending Triangle Breakout
Volume Spurt confirms bullish strength
RSI > 65 and rising – strong momentum
Breakout & Retest of resistance zone
Trading above EMA50 – bullish trend intact
Disc: for study, not a recommendation. DYOR.
Nifty Trading Strategy for 10th June 2025📊 NIFTY Trading Plan (Intraday Strategy)
📅 Date: Applicable for Today
⏱️ Timeframe: 15-Minute Candle
🟢 Buy Setup
🔼 Buy Above: The high of a 15-minute candle, only if the candle closes above 🔹 25,150
🎯 Targets:
✅ Target 1: 25,200
✅ Target 2: 25,240
✅ Target 3: 25,280
🛡️ Stop Loss: Below the same candle's low (or as per your risk appetite)
🔴 Sell Setup
🔽 Sell Below: The low of a 15-minute candle, only if the candle closes below 🔻 25,050
🎯 Targets:
✅ Target 1: 25,010
✅ Target 2: 24,965
✅ Target 3: 24,920
🛡️ Stop Loss: Above the same candle's high (or adjust to suit your risk)
⚠️ Disclaimer
📌 This is for educational and informational purposes only.
📌 I am not a SEBI-registered advisor.
📌 Please consult your financial advisor before making any trading decisions.
📌 Trading and investing involve risk. Do your own analysis before entering any position.
GBPUSD – Choppy Below Resistance, Risk of Renewed WeaknessOn the H4 chart, GBPUSD is trading within a narrow range, fluctuating between 1.35740 and 1.34880. Each upward attempt toward the resistance zone has been quickly rejected. The price structure shows lower highs forming, while support areas are gradually moving lower.
The EMA34 and EMA89 are starting to flatten out, indicating the main trend is becoming increasingly unclear. If the price breaks below the 1.34880 level, a clear downtrend will be confirmed, and the scenario of a return to the long-term trendline becomes more plausible.
The key upcoming event is the U.S. CPI report, expected within the next 24 hours. If the data shows inflation remains high, the Fed will have less incentive to cut interest rates, potentially boosting the USD and putting downward pressure on GBPUSD.
Elliott Wave Analysis – Trading Strategy Update | June 10, 2025
📊 Elliott Wave Analysis – Trading Strategy Update | June 10, 2025
Currently, the market is presenting multiple wave scenarios with nearly equal probabilities. To avoid noise and gain clarity, we are shifting our analysis to the H4 timeframe.
🔹 Key Price Zone
As highlighted in yesterday’s update, the 3340 level remains a critical resistance. Price failed to break above this level and has since pulled back to 3307.
🔹 Momentum & Volume Profile
- H4 Momentum: Just one more H4 candle and the momentum indicator will likely enter the oversold zone, suggesting that the bearish momentum is weakening.
- Volume Profile: Price is clearly reacting at the green POC zone, with no signs of a breakdown yet.
🧩 Two Main Scenarios:
Scenario 1: Wave 5 Continues Lower
Price is potentially forming wave 5, with:
🎯 Target 1: 3290
🎯 Target 2: 3279
✅ Confirmation: Break below 3294
⚠️ Note: This is the most obvious scenario, and in trading, what’s most obvious often requires the most caution.
Scenario 2: Correction Completed – Wave 3 Uptrend Forming
- The black ABC correction has likely completed.
- The recent upward move could be wave 1; the current pullback is wave 2.
- Wave 3 is expected next.
✅ Necessary Condition: Price breaks above 3340
✅ Sufficient Condition: Price breaks the top of wave b (black)
➡️ For this scenario, limit orders may not be effective — real-time confirmation will be required.
📉 Momentum Overview:
- D1 Timeframe: Approaching oversold territory — likely to see a recovery over the next 5–7 daily candles.
- H4 Timeframe: Also nearing oversold — an intraday bounce is expected today.
🎯 Trading Plan:
🔵 Buy Zone 1:
Entry: 3292 – 3289
Stop Loss: 3282
TP1: 3306
TP2: 3340
TP3: 3375
🔵 Buy Zone 2:
Entry: 3281 – 3279
Stop Loss: 3271
TP1: 3307
TP2: 3340
TP3: 3375
Smart SIP Strategy & Mutual Fund SelectionTopic: Smart SIP Strategy & Mutual Fund Selection
Slide 1: Introduction to Smart SIP Investing
A Systematic Investment Plan (SIP) helps investors build wealth gradually by investing fixed amounts in mutual funds at regular intervals. A “Smart SIP” goes beyond just monthly investing — it optimizes fund selection, timing, and asset allocation for better returns with lower risks.
Slide 2: What is a Smart SIP?
Traditional SIP vs. Smart SIP:
Traditional SIP invests the same amount monthly, regardless of market condition.
Smart SIP adjusts the investment amount based on market volatility, valuation, or technical indicators.
Smart SIP Components:
Dynamic contribution (more in dips)
Tactical asset allocation (equity, debt, gold)
Fund rebalancing every 6–12 months
Slide 3: Benefits of Smart SIP
✅ Enhances returns through market timing
✅ Reduces downside risk during bear phases
✅ Better rupee cost averaging
✅ Psychological edge (disciplined but flexible investing)
Slide 4: Mutual Fund Selection Criteria
When choosing funds, consider:
Category (Large-cap, Flexi-cap, Mid-cap, etc.)
Fund Manager Performance (Consistency over 3–5 years)
Expense Ratio (Lower = better returns)
Portfolio Quality (Diversification, sector exposure)
Fund Ratings (Morningstar, CRISIL, Value Research)
Slide 5: Types of Funds to Combine in a Smart SIP
Large Cap Fund – Stability & consistent returns
Flexi-Cap Fund – Dynamic across market cap
Mid/Small Cap Fund – Higher growth (add with caution)
Debt Fund – Hedge during market volatility
Thematic/Sectoral Fund – Optional, high-risk/high-reward
Slide 6: Ideal Smart SIP Strategy
🔹 Step 1: Allocate based on age & risk profile
🔹 Step 2: Use staggered investing — more in market dips
🔹 Step 3: Track fund performance quarterly
🔹 Step 4: Rebalance portfolio every 6–12 months
🔹 Step 5: Exit or reduce allocation when valuations are extreme
Gold Bulls Eye Breakout: Cup & Handle Signals 3400+ Rally Incomi🔍 Bullish Confirmation Checklist:
✅ Cup & Handle Formation – Textbook structure with bullish momentum.
✅ Higher Lows (Price Action) – Sign of accumulation beneath resistance.
✅ No Bearish Divergence on RSI (15m/1H) – Momentum confirms move.
✅ Breakout Candle with Follow-through Needed – Awaiting 1H closing above $3349 for strong confirmation.
✅ Target Projection Logic:
Using Cup & Handle breakout range logic:
Cup depth ≈ $40 →
Projected Move = $3349 + $40 = $3389–$3400+
🛠️ Trading Outlook (for education):
Aggressive Entry: On breakout above $3349 with volume confirmation.
Safer Entry: Retest near $3341–$3344 zone with bullish candle.
Stoploss: Below $3333.36
Targets: $3375 > $3394 > $3404 > $3418 (Step-by-step)
🔔 Conclusion:
Gold is showing textbook bullish continuation with a Cup and Handle pattern triggering breakout above $3341–$3349 zone. Momentum is building, and bulls are eyeing higher Fibonacci cluster zones near $3394–$3418. This structure remains valid as long as price holds above $3333.
Pehle Pankha Aayega, Phir Bijli Aayegi | Hum Karke Dikahte HainAdani Green Energy - CMP - 1065
About
Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities.
Key Points
Part of Adani Group
The company is a part of the Adani Group, a leading Indian conglomerate with 9 publicly listed firms across sectors like energy & utility, transport & logistics, materials, metal & mining, etc. As of FY25, the promoter group owned about a 61% stake in the company.
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.