EPACKEPACK has shown 24% pullback. In recent days I've seen some silent accumulation. And in last 2 days lower circuit has stopped and observed increased participation. For longer term I see too good to hold. I may add more near 350 levels.
Bullish Patterns
$JASMY Ready for Liftoff: 400%-500% Gains Ahead?SEED_DONKEYDAN_MARKET_CAP:JASMY is showing strong bullish momentum and is ready to break out on the Higher Time Frame (HTF). A significant move could be on the horizon.
Support Zone:
$0.018 - $0.016 remains a critical support level. If this zone holds, we could witness a massive 400%-500% upside move in the coming weeks.
Targets:
My current bull market target is $0.10.
Risk Management:
If the HTF candle closes below $0.015, it would signal weakness, and we can consider an exit strategy.
Keep an eye on SEED_DONKEYDAN_MARKET_CAP:JASMY as it gears up for a potential explosive move.
XRP/USDT 115% up and Still Target is $2 & $5CRYPTOCAP:XRP Breaks $1 After 3 Years: Is $5 Next? 🚀
#XRP Bullish Run in Full Swing
🔹 Ripple hits $1 – a massive achievement, especially after being delisted from the stablecoin list.
🔹 It’s been 1057 days (nearly 3 years) since XRP last touched $1
What's Next? #Ripple shows $5 potential in the current bull market, but consider booking profits above $2 for safety.
🔹 XRP is pumping hard after news of Gary Gensler's possible resignation following a Trump victory.
Performance Update:
🔹 XRP/USDT is up 66% since my breakout post.
🔹 Up 115% from our initial post.
Hope you’re riding the wave and enjoying the gains.
JublfoodDouble bottom formed at 420.85 & later move above 586 confirmed the Bullish "W" pattern
expect 912 to be tested in weeks to come with stop loss of 550
Ripple Bull Market Chart Analysis#XRP High Timeframe Analysis
🔹 Current Setup: CRYPTOCAP:XRP
is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement.
🔹 Key Observations:
- Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout.
- A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level.
🔹 Trade Setup:
- Long Position: Await a candle close above $0.6639 to confirm bullish continuation.
- Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM
Why INTL CONVEYORS ❓
1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡
2. Accumulations are visible at bottom side multiple times ❗
3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅
4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅
5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊
6. Today in 1D Price is at 100 EMA underneath 📌
Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
STATE BANK OF INDIA by KRS Charts18th September 2024 / 11:11 AM
Why SBIN ❓
1. All Time Bullish Stock with Strong Fundamentals. 👌
2. Once a Resistance Now look like will worked as a Support . ✅
3. Further, Retested and made Bullish Hammer on support 🤩
Simple Bottom wick of Hammer will be SL on 1D TF closing basis 765 Rs.
Target is ATH for Now 900+
Aeroflex Industries by KRS Charts4th Oct 2024 / 10:02 AM
Why AEROFLEX ❓
1. Clear Pattern of Reversal to Bullish, Inverted Head & Shoulder❗❗👍
2. Many has Jumped in Breakout due to high calls were given for AEROFLEX but once in Retest ,i think it's right time to enter with more conviction.
3. In smaller TF, 100 EMA is right underneath so multi-TF support ✅↗️
Target would be of ~224 Rs with SL closing below Support as we can see in Chart 📈
ETHOSLTD ETHOSLTD can be a good bet on this pullback. Currently available at very decent risk-reward. Do your due diligence.
AIIL looking good on a daily timeframe#AIIL has given a breakout at 1830 on a daily timeframe. Upside potential: 14-15%. Stop loss: 1770. This is not a buy/sell recommendation. Research carefully and invest at your own risk
Yen to go bulls till 162... Greetings fellow traders!
I have always been majorly bullish on the Yen. I expect to see it tap 200.000 some time in the future. But that's just a weak expectation and not a proper forecast. Let's get into what 'my' forecast is.
Yen swept the sellside liquidity below 140.000 , which was Dec'23 swing low, in Sep'24. The structure shifted on the weekly timeframe (marked as wmss) with a strong bullish marubozu type bar, showing the excitement and strength of the market.
The seasonality of Yen tells us that the pair tends to peak around November-December . Now, if we club this with the current scenario and data, we can expect market to hit 162.000 before New Year 2025 . Is that a necessity? Of course, no. But that is what we expect after reading the market. What does @I_Am_ICT always say? The market does not have to get to where we want it to go, to be profitable.
The major concept that I've applied in the whole analysis is Purge and Revert on the monthly timeframe & clubbed it with various other scenarios and timeframes to conclude to this analysis. There are certain levels and imbalances which can be of value and have been marked on the charts attached. One may refer to them for more info. Trading conversations are welcome.
PS- It can be expected, looking at the daily and LTFs, that some retracement into discount prices is possible before a rally.
Have an insightful trading week ahead!
Disclaimer- All content is for educational purposes only and not trading advice.
GMR INFRA By KRS ChartsDate: 23rd July 2024
Time: 8:13 PM
Why GMR INFRA?
1. Despite under 100 Rs Stock , GMR INFRA is continuously in Uptrend for bigger time frame too.
2. Here, we can clearly see that price action has made Flag & Pole Chart Pattern and Breakout too and today it retests the resistance line and sustained those levels.
3. For more support 100EMA is right underneath of recent low as we can see in chart.
After all, above points denote that GMRINFRA is BUY from current price for 112 Rs. of Target with SL of Recent low ~88 Rs.
EPL By KRS ChartsDate:9th July 2024
Time: 12:43PM
Why EPL?
1. In a Weekly TF , EPL is showing Cup & Handle Chart Pattern , and successfully Breakout with Good Volume candle.
2. 100EMA working as support underneath.
3. Multiple trendline Breakouts already happened.
with SL of 220 Rs, Target will be 322 Rs.
SURYODAY SMALL FIN BANK BY KRS ChartsDate:23rd Aug 2024
Time: 9:26 AM
WHY SURYODAY❓❓
1. All overview, Stock was in Consolidation for long time since listed and in Jun 22 it made lowest low , after that it is in continues HH HL pattern.
2. Wave Count is visible perfectly and it is in 3rd leg of 5th wave as we can see in above chart.
3. 100 Ema is right underneath in Hourly and Daily TFs
4. Today it has broken the resistance of Flag pattern and likely to sustain above it.
5. In bigger picture, Suryoday is making Upside channeling
ASHOK LEY LAND Getting Attractive For LongAshok Ley Land
On Retracement Mode After Respecting the tgt of 265±
Longterm Investors
Can accumulate till 185.
Looks good in Parabolic UPTREND PATTERN & ELLIPTICAL BREAKOUT ALSO SEEN.
(Based on Elliptical structure 207± support looks good)
TARGETS EXPECTED ARE MARKED IN THE CHART.
Shared it for Reference Purpose Based on CHART PATTERN.
Kindly do Your Analysis From Your Side.
This is not a BUY or SELL RECOMMENDATION from my side.
SUI/USDT Bearish Mode Alert#SUI/USDT Chart Analysis:
NYSE:SUI has broken down from the support trendline and shifted into bearish mode. Expecting a 20-30% retracement from current levels.
Trade Setup:
- Best Short Entry: $1.70 - $1.80
- Targets: $1.42 / $1.00
- Stop Loss: $1.90 (Manage risk accordingly)
⚠️ If Stop Loss hits, we may see a new all-time high.
GNFC By KRS ChartsDate: 20th June 2024
Time: 1:45 pm
WHY BULLISH ON GNFC ?
1. On Daily TF it clearly shows and Successfully Breakout W pattern or Double Bottom Pattern with Strong Volume Green Candle.
2. On Weekly TF C&H Chart Pattern is clearly visible once its breakout with big candle with Good Volume, Long term Target on GNFC will be ~1137 Rs.
3. To support both the above points 100 EMA is right underneath and Price has taken support from 100 EMA multiple times.
So, First Target as per W pattern will be 868 Rs. for short term investors while for Long Term Investors Target will be 1137 once it breaks out.
Thank You!!
DOGS/USDT: BUY ZONE ACTIVATED! 60-70% PROFIT POTENTIAL!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
DOGS looks promising right now, breaking out from a falling wedge and currently retesting the wedge. I recommend going long here with a tight stop loss and low leverage.
Targets:
$0.00094
$0.00108
$0.00121
$0.00133
Stop Loss: $0.000736
Leverage: 5x
What are your thoughts on DOGS's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
CHEMFAB ALKALIS NSEDate 7th Mar 2024
Chemfab shown breakout with gap opening from significant resistance last week.
Target was already decided with breakout, and now I am giving actual call to buy it after rejecting sellers pressure.
Thank You!
Wipro NSE By KRS ChartsDate : 6th June 2024
Time : 10.27 AM
Why I am Bullish on Wipro ?
1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart.
2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone.
3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence.
After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs.
T1 will be according to C&H is ~530 Rs with SL of 439 Rs.
CNXIT BULLISH !
1. Resistance Breakout:
- The index has historically faced selling pressure at 38,653 - 38,405 Zone, causing it to reverse or pause its upward movement.
- When a stock breaks above a strong resistance level, it means that buying demand has overwhelmed the selling pressure at that price point. This breakout is a positive sign, indicating that the chart may move higher, especially if it is a clean break (i.e., it closes significantly above the resistance level).
- The **strength of the breakout** is often measured by the volume of trading activity. If the breakout occurs on **high volume*, it indicates that a large number of market participants are involved, adding credibility to the When a stock breaks through a strong resistance level and retests that level with good volume, it can signal a strong bullish move. Here's a detailed breakdown:
2. Retest of the Resistance Level:
- After the breakout, it’s common to see a retest of the previous resistance level, which now acts as a support level. This retest occurs as some traders may take profits, or there may be some temporary selling pressure as the market re-evaluates the new price.
- If the stock successfully holds above the previous resistance (now support) on the retest, it confirms that the breakout was valid. This gives bulls (buyers) more confidence that the level will hold and that the stock has further upside potential.
3. Volume Confirmation:
- A retest with good volume is essential. If the stock holds the new support on strong volume, it signals that buyers are stepping in to defend the level, further reinforcing the idea that the stock is in a bullish phase.
- Conversely, if the retest occurs on low volume, it may indicate a lack of conviction from buyers, and the breakout may be prone to failure.
4. Bullish Expectations:
- When a stock breaks out of resistance and successfully retests it with strong volume, the expectation is that the stock will enter a new bullish trend. The prior resistance has now been transformed into a solid base of support, and the stock may experience momentum buying, pushing prices higher.
- Traders often see this scenario as a low-risk, high-reward setup. Their stop-loss would typically be placed just below the new support level, while the upside target could be based on previous price patterns, such as Fibonacci extensions or previous highs.
5.Target :
- it is on its all-time high targets on fib zones,pivots 0r based on future price action basis.
# Summary:
- **Breakout of strong resistance Indicates potential for higher prices.
- **Retest of resistance as support Confirms strength of the move if support holds.
- **Good volume on retest: Adds confidence in the bullish move.
- **Bullish expectation Likely continuation of the upward trend.
This combination forms a high-probability bullish setup in technical analysis.
#cnxit #itsector #nifty
TechM looks like Head and shoulder in formation!This chart presents a classic Head and Shoulders scenario, which traders should watch closely for confirmation. If the right shoulder forms and the price breaks below the neckline, it could signal the start of a bearish trend, providing an opportunity for short sellers. On the other hand, if the price breaks out above the current resistance, the bullish trend could continue.
In essence, traders should be prepared for both outcomes by monitoring price action around the neckline and key resistance levels while also factoring in volume and other indicators to confirm the pattern's validity.
SAKAR HEALTHCARE By KRS Charts13th September 2024 / 9:49 AM
Why SAKAR❓
1. First sign that attract me was SAKAR is in Bullish Trend making HHs and HLs since listed. ⬆️
2. SAKAR is currently reacted to be bullish again from 100 EMA support in 1W TF. also in 1D TF 100 EMA is Just Underneath 👌
3. Fortunately, it reacted to be bullish within that 0.5 to 0.618 fibbo zone. ⚡
4. Bullish Continues Divergence is also supporting SAKAR to be bullish. ✅
SL is Flexible, in 1W TF until closing below 100EMA line.
Target so far I'm expecting is New All Time High point
