SHAKTI PUMP : A text book break out• Stock broke a 4 month long short term trendline on 06th Jun25.
• Taken support from long term trendline.
• Big boys took position for the last 2 months without disturbing the price.
• An increase in volume is the testament of the hypothesis.
• Go long on positional/swing basis.
• Target 1: 1029.5
• Target 2: 1192
• Target 3: 1356.5
• SL for Swing traders: 878
• SL for positional trader: 839
• A RR of 1:4.75. A classical textbook breakout.
• Enjoy the show!!!
Trend Analysis
Nifty trades and targets for - 9/6/25Hello Everyone. The market was in a bullish mode today. There was no retest for the whole day so we can see SL hunting or downside movement at the start, then continuation of trend will happen. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 50 points as we are getting very few trending moves.
Bank nifty trades and targets for - 9/6/25Hello Everyone. The market was in a bullish mode today. We might see a retest of 200/300 points at the start of day then we can see continuation of trend. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 100 points as we are getting very few trending moves.
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.
AstraZeneca Breakout Above 10000 Could Signal Next Leg, Post Q4NSE:ASTRAZEN Breakout Above 10000 Could Signal Next Leg, Post Spectacular Q4 and FY25 Numbers. Breaking out of Rising Channel, hence selected for this Week's "Chart of the WEEK"
Price Action Analysis:
• Stock has been in a strong uptrend since May 2024, rising from around 3000 levels to current levels near 9800
• Recent price action shows consolidation between the 7500-8500 levels with multiple tests of resistance
• Current price at 9409 represents a +22.80% gain, showing strong momentum
• Volume spike visible in recent sessions at 2.75M shares vs average, indicating institutional interest
• Price structure shows a higher highs and higher lows pattern intact.
Key Support and Resistance Levels:
• Primary Support: 8000-8200 zone (previous resistance turned support)
• Secondary Support: 7500-7600 (multiple bounce zone)
• Key Resistance: 8500-8600 (red horizontal line showing multiple rejections)
• Breakout Resistance: 9000 psychological level
• Current High: 10,950 acting as immediate resistance
Base Formation and Patterns:
• Rectangle consolidation pattern formed between 7500-8500 from September 2024 to March 2025
• Bullish flag pattern visible after the breakout above 8500
• Ascending triangle formation with higher lows and flat resistance around 8500
• Volume expansion during breakout confirms pattern validity
Technical Indicators:
• Strong upward-trending channel maintained since mid-2024
• Price trading above all major moving averages
• Momentum appears to be building after the recent consolidation phase
• Volume profile shows accumulation during base formation
Trade Setup:
Entry Strategy:
• Primary Entry: On pullback to 8800-9000 support zone
• Aggressive Entry: Current market price around 9400 for momentum play
• Conservative Entry: Wait for retest of 8500 breakout level
Exit Levels:
• Target 1: 10,500 (psychological resistance)
• Target 2: 11,200 (measured move from rectangle pattern)
• Target 3: 12,000 (extension target based on trend channel)
Risk Management:
• Stop Loss: 8200 for entries around 9000 (tight stop)
• Stop Loss: 7800 for swing positions (wider stop)
• Position Size: Risk 1-2% of portfolio per trade
• Risk-Reward Ratio: Minimum 1:2 for all entries
Position Sizing Guidelines:
• For 1% risk: Calculate position size based on distance to stop loss
• Maximum exposure: 3-5% of portfolio in a single stock
• Scale in approach: 50% on initial entry, 30% on pullback, 20% on confirmation
Sectoral and Fundamental Backdrop:
Pharmaceutical Sector Overview:
• Indian pharma sector benefiting from global generic drug demand
• Regulatory approvals and US FDA compliance driving growth
• Export-oriented companies are seeing currency tailwinds
• Increased healthcare spending post-pandemic, supporting sector growth
AstraZeneca Pharma Fundamentals:
• Strong presence in oncology and respiratory segments
• Robust pipeline of innovative drugs and biosimilars
• Strategic partnerships with global pharmaceutical companies
• Consistent revenue growth and expanding market share in India
• Strong balance sheet with healthy cash flows
Market Dynamics:
• Institutional buying is visible through increased volumes
• FII interest in pharmaceutical stocks remains positive
• Sector rotation favouring defensive healthcare plays
• Government initiatives supporting pharmaceutical manufacturing
Risk Factors:
Technical Risks:
• High volatility near resistance levels
• Potential for false breakouts given extended rally
• Volume confirmation required for sustained moves
• Overbought conditions in the short term
Fundamental Risks:
• Regulatory changes in pharmaceutical pricing
• Currency fluctuation impact on export revenues
• Competition from generic drug manufacturers
• Global economic slowdown affecting healthcare spending
Market Risks:
• Overall market correction could impact individual stocks
• Sector rotation away from pharmaceuticals
• Profit booking by institutional investors
• Global pharmaceutical industry headwinds
My Take:
NSE:ASTRAZEN presents a compelling technical setup with a clear breakout above long-term resistance. The stock's strong fundamentals post Q4 and FY25, combined with favourable sector dynamics, make it an attractive investment opportunity. However, risk management remains crucial given the extended nature of the current rally. Traders should consider scaling into positions on pullbacks while maintaining strict stop-loss discipline.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
GODREJIND - Inverse Head and Shoulders Breakout Pattern Overview:
A classic Inverse Head and Shoulders pattern has formed on the Godrej Industries chart. This is a strong bullish reversal pattern, indicating a possible trend change from downtrend to uptrend.
What is an Inverse Head and Shoulders Pattern?
This pattern consists of three troughs:
Left Shoulder: Price declines, then rebounds.
Head: Price declines more deeply, then rebounds.
Right Shoulder: Price again declines but not as much as the head.
A neckline connects the peaks between the troughs.
A breakout happens when the price moves above the neckline.
This formation signals selling pressure is reducing and buyers are gaining strength.
How to Trade This Pattern:
Entry: After a confirmed breakout above the neckline.
Stop-Loss: Slightly below the right shoulder or neckline.
Target Price: Measure the distance from the neckline to the head, and project that above the neckline
.
Godrej Industries – Key Points:
Diversified holdings across chemicals, real estate, FMCG, agri-business, and financial services.
Strong portfolio of listed subsidiaries like Godrej Consumer, Godrej Properties, and Godrej Agrovet.
Backed by the trusted and time-tested Godrej Group with over 125 years of legacy.
Generates stable cash flows through dividends and investments in high-growth businesses.
Long-term value creation potential as a holding company with exposure to multiple growth sectors.
Disclaimer : Trade only if you have a written Trading Plan and aware of your risk reward setup
TVSSCS - Triangle into a flag!The following points are of note:
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1. A symmetrical triangle formed as a near-term bottom for the stock
2. After breaking out of the triangle, price is consolidating in a rectangular range
3. A pole and flag formation, when broken out can give targets of 143, 147, with SL of 123
Disclaimer:
This is NOT a trading recommendation, only my observation. Please do your own analysis before entering any trade.
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.
Ethereum Technical Analysis for the Week of June 08-June 14~~ Technical Analysis~~
Current Price and Market Overview
Price: As of June 8, 2025, Ethereum (ETH) is trading at approximately $2,515.45 USD, with a 24-hour trading volume of ~$11.45 billion and a market cap of ~$303.67 billion. It has risen by 1.64% in the last 24 hours.
Recent Performance:
Weekly: Down -2.77%, indicating short-term consolidation or profit-taking.
Monthly: Up 43.31%, reflecting strong bullish momentum over the past month.
Yearly: Down -32.01%, suggesting longer-term challenges compared to its all-time highs.
Market Rank: Ethereum remains the #2 cryptocurrency by market capitalisation, behind Bitcoin.
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational and educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
Nifty - Weekly analysis June 9 - June 13Price gave good move RBI policy announcement day. And it has formed a small consolidation in the range of 24950 to 25030.
Buy above 25040 with the stop loss of 24980 for the targets 25080, 25120, 25180, 25220, 25260 and 25320.
Sell below 24900 with the stop loss of24960 for the targets 24860, 24800, 24760, 24720, 24660, 24600 and 24540.
Always do your own analysis before taking any trade.
XAUUSD Analysis: Potential Pullback and ContinuationOANDA:XAUUSD is currently trading within a well-defined ascending channel, highlighting a sustained bullish structure.
There is a possibility that price may revisit the lower boundary of the channel before resuming its upward trajectory. This dynamic support zone acts as a confluence area where a bullish reaction could emerge. A successful retest at this level may clear the path for a move toward the $3,500 mark, aligning with the channel’s median line and offering a technically sound upside target.
However, a failure to hold above this dynamic support would suggest a potential loss of bullish momentum and may shift the short-term outlook to neutral or even bearish.
Traders are advised to closely watch for confirmation signals—such as bullish engulfing candles, strong rejection wicks at the lower trendline, or a surge in volume on the rebound—before initiating long positions.
Would love to hear your perspective—do you agree with this outlook, or do you see it differently? 🚀
Gold Slips Below Key Zone – Will Bulls Regain Control?Gold continued to decline against the U.S. dollar (USD) on Friday, dropping toward the psychological level of $3,300 and breaking below its ascending channel after the U.S. Nonfarm Payrolls (NFP) report pointed to a recovering labor market.
For the bullish trend to regain momentum, the price needs to break above $3,350 and then push through $3,370 – a resistance level highlighted by Friday’s volatility – to target the key $3,400 psychological zone once again.
To achieve this, a short-term downside correction appears necessary.
Nifty50 - Weekly AnalysisWeekly Analysis: #Nifty50
Date: 8th June 2025
Before starting his week's "weekly analysis" let's go back and review our own analysis which was published a couple of months back. We had analyzed that there will be a larger "Wave B" with a probable resistance zone between 23,800 and 24,800, and a confirmed resistance zone between 25,081 to 25,236. This was published in reports since Jan 13th Onward. The current support is 23,847 and Nifty is battling to cross 25,116. Both these zones is something we identified almost 3 months ago.
Let's start!
For almost 4 weeks now Nifty is stuck in a tight range of ~650 points, usually whenever index is stuck in a range like this, a break-out on either side then will be "fast and furious" (in the words of P R Sundar). Net Purchase of DII and FII combined in the month of May was positive ~79,000 crores and June till date is about 22,000 crores, that's a total of more than 1 lac crore in 5 to 6 weeks. This is huge money! And when Nifty fell from Oct. 2024 till Feb. 2025 the net buying was only positive 13,000 crores. So, from the bottom to current levels almost 7.7x (770%) money has been pumped in and we have not managed to touch the Life Time High, though the rally is good. Now the question is what next?
The concerning thing right now still remains, are the 3 gaps of the recent past and what the markets have taught me is that gaps, especially prominent ones like the one between 22,924 to 23,208 gets filled, always! For now it's a wait and watch for me. Though Nifty still remains below the bottom of the upward channel, but there has not been a break down either and the longer Nifty consolidates in current range, higher the bottom gets (of the upward channel), hence break out on any side will be fast and furious. so let's wait patiently to see what direction the market chooses.
Chart - Remains the same, will update new information once mentioned levels are achieved on either side.
Mid/Long term view - Still the same, No view as of now, just wait and watch. Still holding cash.
#USDINR #DXY - Dollar seems to be forming a double bottom, it's at the support of Mar/Apr 2022, from where the rally started. USDINR had a failed breakout on 22nd May and again it's breaking out of the downward channel. 86.25 is a crucial value, if it breaks and sustains above this value then #Rupee is going to take a beating and this time we could see USDINR touching 90 or even crossing it and going to 92. If and when this happens we'd see bloodbath in the market, which will be worse that Oct. to Dec. 2024.
#Gold - Seems to be forming Lower highs in a downward channel. This is not a good sign for any asset. Lower highs and Lower lows most of the time results in a downward trajectory for months or even quarters. Our target set in Dec. 2024 was met at 3,300 and this pain zone is being assessed by many others now.
#CrudeOil #BrentCrude - No Analysis for this week
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Gold Trading Strategy for 09th June 2025🌟 GOLD INTRADAY STRATEGY – 09 June 2025
📢 I Expect a Trending Move Today
✅ Buy Setup
🔼 Buy Above: The High of the 1-Hour Candle that Closes Above $3330
🎯 Targets:
🎯 Target 1: $3343
🎯 Target 2: $3358
🎯 Target 3: $3372
🛑 Stop Loss: Below the low of the breakout candle or as per your risk rules.
📌 Entry Condition: Only after a strong 1-hour candle closes above $3330 – no early entry!
❌ Sell Setup
🔽 Sell Below: The Low of the 15-Minute Candle that Closes Below $3290
🎯 Targets:
🎯 Target 1: $3276
🎯 Target 2: $3261
🎯 Target 3: $3248
🛑 Stop Loss: Above the high of the breakdown candle or as per your risk tolerance.
📌 Entry Condition: Wait for a 15-minute candle to close below $3290 to initiate short trade.
🧭 Pro Tip:
Expect strong directional movement today. Trade with discipline, and avoid overtrading. Manage your lot size according to your risk profile. ✅📊
⚠️ Disclaimer
📌 This analysis is shared for educational and informational purposes only. Trading in Gold ( OANDA:XAUUSD ) involves substantial risk and may not be suitable for all investors. Always do your own research or consult with a certified financial advisor. The author does not accept liability for any loss or damage.
FORTIS HEALTCARE LTD AnalysisFOR LEARNING PURPOSE
FORTIS HEALTHCARE LTD - The current price of FORTIS HEALTHCARE LTD is 763.30 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone and making ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The stock is famous and it belongs to a sector which has not done much in last weeks so I am expecting some move from that.
6. The stock has been very strong in past 2 years and it needed a good rest which it got in last few months.
7. The stock has been outperforming major Index as well as Sectoral Index which is a good sign
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 693.30 rupees
I will be managing my risk.
Hdfc Bank: Swing Trade IdeaHello Traders, Hope you're catching the right trends! so today we will discuss Hdfc bank on Daily chart as we can see that price formed a consolidation pattern following it's sharp uptrend in April. After a sustained rally, the share price paused and entered a sideways phase within a narrow 5% range, indicating temporary equilibrium between demand and supply. What makes this setup noteworthy is the position of the consolidation right above the prior resistance zone near 1880, which has now been tested as support. This behavior reflects classic price action dynamics, where old resistance turns into new supporta key trait of strength in trending markets.
Over the past weeks, the stock has been coiling within this tight rangeand creating a well defined rectangle pattern. The upper resistance of the range is marked around 1980. On the latest daily candle, the price has started to show intent to break out of this zone with momentum. If the breakout sustains with volume confirmation, it opens up the potential for a bullish continuation toward the projected target of 2080, a measured move equal to the height of the consolidation zone.
However it's important to remain objective if the price fails to sustain above the 1980 resistance and instead shows signs of rejection or downward traction, the breakout attempt may be considered a false move. In such a case, a reversal toward the lower end of the consolidation becomes likely. This opens up a short opportunity, targeting the support below which prior was resistance and marked on chart too. A breakdown from this range would further confirm bearish sentiment in the near term.
Risk management-: Invalidation is defined by a daily close in the opposite direction of the trade.
This publication is meant for only learnig purpose and not contains any kind of trading advice.
Good trades ahead, Amit.
Ethereum Short Position Update – June 7, 2025We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
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Ethereum Short Position Share
Currently, Ethereum is approaching the completion zone of a Gartley pattern.
The Gartley pattern is one of the traditional corrective patterns and often acts as an important price reversal point.
In this pattern, the price is showing resistance near the high and signaling a reversal, indicating a high possibility of a shift into a short-term corrective phase.
Accordingly, a short position is considered with the first target set at $2,476.
This area corresponds to a previous support level and the pattern target, making it a technically significant selling target zone.
It is important to monitor market conditions and volume trends while managing risk simultaneously.
LT Foods | Fresh Breakout Above 52-Week High | Swing Trade SetupLT Foods Ltd (DAAWAT) has given a strong breakout above its multi-month resistance zone around ₹447.5, backed by rising volume and momentum. This marks a fresh 52-week high, supported by bullish RSI strength (above 80).
📈 Trade Setup:
🔹 Entry: ₹447.5 (Breakout Retest Zone)
🔹 Target: ₹670
🔹 Stop Loss: ₹373
🔹 Risk-Reward Ratio: ~3:1
✅ Why I Like This Setup:
Clean breakout from consolidation
Strong volume confirms participation
RSI above 80 indicates trend strength
Bullish price structure across daily chart
⚠️ CMP is currently above entry zone; ideal entry would be on a retest of ₹447–455 range.
Position sizing is key due to SL distance (~16%).
This setup is ideal for swing traders with a short-to-medium term view (2–4 months).
📊 Disclaimer: Not financial advice. Do your own research before investing.