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Premier Polyfil Ltd. | VCP Breakout in Progress📌 Key Observations: The stock has formed a classic Volatility Contraction Pattern (VCP), indicating accumulation. A breakout above the trendline resistance could trigger a strong move upward. Volume spikes suggest big money involvement, confirming the breakout probability. 📊 Technical Levels: Support: ₹56.56 💡 Trade Idea: Wait for a decisive close above the resistance with strong volume. Manage risk with proper position sizing and a stop-loss at ₹56.56. 📚 Disclaimer: This is for educational purposes only. Always do your research before making any trading decisions.
PLong
by TraderRavikiran
Nifty Trading Strategy for 11th December 2024Nifty Trading Strategy Key Levels: Buy Above: 24,770 (on the high of the candle that closes above 24,770 on a 15-minute chart) Sell Below: 24,560 (on the low of the candle that closes below 24,560 on a 15-minute chart) Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 24,770 on a 15-minute time frame. Sell Signal: Enter a sell position below the low of the candle that closes below 24,560 on a 15-minute time frame. Additional Tips: Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals. Stop-Loss: Always use a stop-loss to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could impact Nifty. Disclaimer: I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
Sree Rayalseema cmp 754.35 by Weekly Chart viewSree Rayalseema cmp 754.35 by Weekly Chart view - Price Band 645 to 675 Support Zone - Price Band 807 to 837 Resistance Zone - Volumes are yet below the avg traded quantity, need to increase - Weekly basis Support at 620 > 501 > 385 with Resistance at 837 > ATH 951.90 - Stock Price is hovering well above both the Falling Resistance and Rising Support Trendlines - Stock made few months long repeat Bullish Rounding Bottom, with another one in completion process with neckline at Resistance Zone - Price closure above Resistance Zone by increased Volumes would provide fresh impetus for creation of NEW Lifetime High Milestone beyond current ATH 951.90
NSE:SRHHYPOLTD
by PIYUSHCHAVDA
PRAKASH (Prakash Industries Limited)- AnalysisBullish Levels -day closing above 181 (early entry risky) then 192 or 210 (safe entry if day closing above this) first target is around 295 and then 330 if sustains above this then long term targets can be around 1300+ Bearish levels :- Day closing below 158 SL for swing trade then 140 or 123 strict SL for Long term Investor below this more bearish. **Consider some Points buffer in above levels **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:PRAKASH
by PrashantTaralkar
GSPL - Gujarat State Petroleum Corporation Bullish ViewGSPL charts have formed a bullish engulfing candlestick pattern. You can use this opportunity because it has a very good risk to reward ratio. Entry: Long above ₹389.80 (the high of the bullish engulfing candle) Stop-Loss: Short below ₹368 (the low of the bearish candlestick before the bullish engulfing pattern) Take-Profit: This will depend on your risk tolerance and trading goals. based on a 1:2 or trailing basis 1:3 Risk to reward Ratio Risk Management: Always remember to practice good risk management. Only risk a small percentage of your capital on each trade. Disclaimer: This is not financial advice. Please do your own research before making any trading decisions. Remember, trading involves risk. I can't guarantee that this trade will be successful. Also dont forget to share and boost, thank you for all your love and keep supporting like you do, helps me work harder..
NSE:GSPLLong
by piyushbafna000
#banknifty -11th December!NSE:BANKNIFTY1! NSE:BANKNIFTY Understand the chart, observe the analysis, implement while trading: Key Observations: 1. Trendlines: - Resistance Trendline: A descending trendline (sloping down) marks the area where the price faces selling pressure. This indicates a pattern of lower highs. - Support Trendline: An upward-sloping trendline beneath the price indicates where the price finds buying interest. This suggests a slight upward momentum at the support level. 2. Consolidation Zone: - The price is moving within a tightening range between these two trendlines, forming a wedge or triangle pattern. This indicates consolidation, where the market is waiting for a breakout or breakdown. 3. Support Levels: - Key support levels are highlighted at 53,407.75, 53,229.05, 53,057.45, and 52,784.15. These levels represent zones where buyers are likely to step in and prevent further price decline. 4. Resistance Levels: - Resistance levels are marked at 53,679.35, 53,956.65, 54,128.90, and 54,304.25. These are zones where the price may face selling pressure. 5. Current Price Action: - The price is currently at 53,577.70, approaching the descending resistance trendline. This is a critical point because it suggests a decision zone for the next move. Scenarios: 1. Bullish Breakout: - If the price breaks above the descending resistance trendline, it could signal bullish momentum. - Potential targets are the next resistance levels at 53,956.65, 54,128.90, and 54,304.25. 2. Bearish Breakdown: - If the price breaks below the support trendline, it may indicate a bearish trend. - Possible downside targets are the lower support levels at 53,229.05, 53,057.45, and 52,784.15. 3. Neutral Consolidation: - If the price continues to move within the wedge, traders may need to wait for a clear breakout or breakdown before acting. What This Chart Suggests: - The chart highlights decision points for the market, with the wedge pattern indicating an imminent breakout or breakdown. - A breakout above resistance would suggest strength, while a breakdown below support would indicate weakness. Trading Plan: - For Buyers: Wait for a breakout above the resistance trendline and aim for higher resistance levels. - For Sellers: Look for a breakdown below the support trendline and target the lower support zones. Not SEBI Registere.
NSE:BANKNIFTY
by thetradeforecast
1
XRP, pioneer of the first crypto wave. How's now?XRP, along with BTC and ETH, was one of the first assets I started to know the crypto market. With his historical path, the foundation for the crypto development in the past 10 years, and pioneer in the fight with the SEC and Central institution. Ripple was born in 2012, followed by XRP Ledger, and it was the first decentralized blockchain to offer solutions and tools to developers. XRP works with several languages such as Java and Phyton. If every crypto, to survive, must have a utilization purpose, Ripple’s one is to be the blockchain for business. The ledger technology and the federal consensus mechanism, put ripple on the podium for the historic importance. It was the first crypto to propose a technology to integrate the fiat with the crypto, the CBDC. But, why is Ripple still struggling to find a solid growth trend? The 2021 spike coincides with the altcoin seasons, and for now, seems that Ripple will join the party even this time. With an increase of over 300%, ripple has come back into the altcoin landscape. But we have already seen that it grows as fast as it will drop. My thoughts are that XRP is meant to be a translator between crypto and fiat, between decentralized and central banks. Its normal price channel is around 1$, which would make perfect sense, if it would not have one of the highest volatility, kept above 100%, nonetheless, its funding was more than ten years ago. Is it a worthy investment? For its uniqueness and historic path, ripple is in my portfolio. So far yes. It has respected the strategy and the last day's drop, did not turn the bullish curve. Perfect reaction to the trendline and it coincides with 0.382 in fibo weelky. Patternwise we are creating a M-shape, even if the general opinion is more oriented to a pennant shape. Anyways, it’s a bullish market for Ripple. My TPs are $3.3550, $4.000, and $4,400 in this next alt season. But, what’s concerning me is that awful cup pattern forming in the past week. What does it mean? I don't know but, as long as its trend is respected, I am still bull on this asset. We wait for the reaction at the 618, @1.90. Just the historic higher high in the context.
Long
by itsmcasalinii
the survival: LUNCStarting from the fact that I am very disappointed in myself. I was blind by the FOMO. This stupid shit. And I did something we MUST NOT DO: do not buy on hype. Buy on reversal. Sell on hype. BUY ON REVERSAL. SELL ON HYPE. BUY ON REVERSAL. SELL ON HYPE. This is the fucking rule with cryptos, especially with meme coins. So, now that we are aware and more conscious, what’s going on here and what’s luna? why did I choose this asset? Luna is the ex Terra Luna. Remember it? The one collapsed in May 2022 due to a technical problem on the blockchain that did not peg anymore their stable coin namely, USTC with the US dollar. Once the pegged 1:1 with the dollar was lost, the whole ecosystem dropped. But TERRA has also a few points that make it outstanding from other cryptos. First, is the community approach. The TERRA blockchain is very community, kind of the opposite of XRP which is a federal consensus. They community leading the Terra Labs worked for two years to restore and solve the issue behind the first collapse, and they created LUNC, namely, Luna Classic. Technically is just a fork of the previous blockchain. Practically they have assessed the speedy and safety of the transaction, keeping a community consensus. Luna is the first crypto trying to keep their volatility and price controls by themselves. As we said, the coin that lost the bet was USTC, the stablecoin to whom LUNA’s value was anchored. Now the LUNC price can support transactions in USTC and LUNC. The ecosystem is development-driven, I do belive we have entered a new phase of the cryptocurrencies market. If the cycle 2020-2024 was titled by meme coin, NFT, lots of hype, and newbies, now the market is different: first, we have institutional and governance interests, tons of whale and ETFs willing to purchase as many cryptos as possible and, cryptos are not longer founded on easier payment or the cheapest prices. These latter aims have been quite addressed in the previous cycle. Now the word is utilisation. As with everything in the world, things grow cause people need it. To be alive, you need a purpose to live. The money can’t be a purpose but just a means. Lunc is a low-priced coin, with less than 1B total market cap and all the supply available. Traded on 32 different exchanges, with a volume/market cap ratio of around 7%, which is higher than BTC by the way. So, low price and high supply, low diluted liquidity volume, and high trading ratio. Honestly, except for the fact I am curious to see the development of this coin, I want to keep something that has a full supply already available and has already survived two bubbles and one collapse. On the price action side, this pump was surfing on the first Altcoin bullish round. The spike, followed by a correction at 0.618, was predictable,. The fomo spoke for us. As a target, the last LUNC higher high in binance would set a final target of a +300% surge. On the total portfolio, is worthy keeping it for a while, counted in the meme coin section.
Long
by itsmcasalinii