CAPLAND INDIA TRUST (CY6U.SI) | 1D Chart | SGX | Technical Analysis
Chart Period: August 2023 – July 23, 2025
Bars Analyzed: ~240 daily bars
🔹 CURRENT MARKET REGIME CLASSIFICATION:
Trending Regime – Strong Bullish Expansion
🔍 HIGHEST CONVICTION OBSERVATIONS:
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Macro Structure & Break of Structure (BOS):
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Clear downtrend from Nov 2023 to Apr 2025 with successive lower highs (1.18 → 1.10 → 1.08 → 0.98 → 0.94 → 0.82).
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Change of Character (CHoCH) occurred post-0.82 low (Apr 2025) when price held 0.82 and printed successive higher lows (0.94 → 0.99) and higher highs (1.00 → 1.08 → 1.15).
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Strong BOS at 1.10 level—prior resistance turned support, confirming structural shift.
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Volume & Price Relationship (VPR):
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Accumulation signature visible between 0.94 and 1.00: narrow-range bars with expanding volume and minimal price retracement (absorption by strong hands).
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Wide-range up bars between 1.00 and 1.15 with increased bullish volume, validating institutional participation and commitment to the upside.
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Recent 1.15 breakout occurs on no climactic volume yet—suggests non-exhaustive move, allowing room for continuation.
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Institutional Footprint:
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Order Block Formation around 0.94–0.99 zone (last consolidation before expansion).
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Displacement Move post-0.99 → aggressive institutional pressure without retrace.
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No significant liquidity grab yet near 1.15 zone—implies breakout not yet faded.
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Bar Structure & Pattern Recognition:
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No reversal bars present near 1.15—bull bars maintain body close dominance, minimal upper wicks → demand imbalance persists.
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Micro flagging action between 1.05–1.08 resolved to upside—bullish continuation confirmation.
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Current bars show momentum compression (slightly decreasing range) but no reversal footprint → consolidation possible before next leg.
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Multi-Timeframe Confluence:
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Breakout above long-term swing high 1.15 aligns with recovery of major structure from Sep–Nov 2023 congestion zone.
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Likely targeting 1.18 swing high next, a prior failed breakout from Oct 2023.
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📌 PRICE LEVELS TO WATCH:
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Immediate Support Zones: 1.08 (recent resistance turned support), 0.99 (structure and volume cluster).
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Breakout Validation Level: 1.15 (must hold to sustain bullish structure).
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Upside Target Zone: 1.18 (next key resistance from prior high).
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Invalidation Level: Below 0.99 (would negate bullish structural shift).
⚖️ RISK MANAGEMENT:
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Stop Loss Placement: Below 1.08 support or structurally at 0.99 (based on risk appetite).
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Profit Target: 1.18 (initial), with possible extension above on volume continuation.
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Risk-to-Reward Estimate: 1:2.5 minimum if entry around 1.13–1.15 zone with stop below 1.08.
🧭 FORWARD BIAS:
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Favoring continuation to upside toward 1.18 with structural and volume support.
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Consolidation just below 1.15 would be healthy; watching for volume dry-up then re-acceleration as breakout continuation trigger.
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No institutional shakeout or trap detected yet—bulls remain in control.
Trade Summary:
Buying CY6U because of structural breakout and strong institutional volume follow-through, with stops at 1.08 targeting 1.18 for a 1:2.5 risk-reward ratio.
Confidence Rating: 8.5/10
Key Levels to Watch: 1.08 (support), 1.15 (pivot), 1.18 (target/resistance)
Pre-Trade Execution Checklist:
☑ Structural Break Confirmed
☑ Volume Supports Breakout
☑ No Reversal Bar Footprint
☑ Risk Clearly Defined
☑ Target Aligned with Prior High
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 5.83%
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