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Study & Analysis: Bullish Setup in SJVN (NSE)SJVN Ltd. is showing signs of a potential bullish reversal after taking support at the lower boundary of an ascending channel. The stock has formed a consistent pattern of higher lows and is currently trading at ₹94.55 with increasing volume and positive momentum on key indicators. ✅ Key Technical Highlights: 📈 Chart Pattern: Trading within a well-defined ascending channel. Recently bounced off the channel support line (third touch confirmation). Next resistance zone lies near ₹101.67, which aligns with the upper trendline and horizontal supply zone. 📊 Indicators: RSI Divergence: Bullish divergence seen — RSI made a higher low while price made a lower low, signaling potential reversal. MACD Bullish Crossover: MACD line has crossed above the signal line near oversold levels — historically a strong bullish sign. Volume: Notable volume spike observed at support — indicating accumulation. 📏 Risk-Reward Zone (For Study Purposes Only): Entry Zone: ₹93–₹95 Target: ₹101–₹102 Stop Loss: Below ₹91.97 ⚠️ Note: This post is purely for educational and analysis purposes only. It is not a recommendation to buy or sell any security. Always do your own research or consult a qualified advisor before making investment decisions.
NSE:SJVNLong
by apstockanalysis
Strong Confluence Setup : REDINGTON at Crucial Demand Zone REDINGTON is showing signs of a promising technical setup — something that can catch the attention of demand and supply zone traders. Let’s break down the analysis in simple words so that even a beginner can understand why this stock might be at an interesting level. 🔥 The Demand Zone Setup 🔥 The stock is currently hovering around a Rally-Base-Rally demand zone. This is a price area where big institutions may have left pending buy orders before pushing the price higher. 📉 Confluence of EMA and Support Flip Here’s where the setup gets even more interesting. Apart from the demand zone: REDINGTON is trading near its 20 EMA — a dynamic support level that often helps price bounce in uptrends. There was a recent resistance breakout — price struggled to go above a certain level, broke through it with heavy volume, and is now returning to retest that same level. Resistance turns into support : This classic law of polarity increases the odds of a bounce from here. 💡 Volume Analysis Matters The breakout candle had heavy volume. Now, as the price pulls back to the demand zone, volume is dropping — this is a healthy sign. It suggests the sellers are weakening and the buyers might soon step in again. 👣 Smart Money Footprints & Pending Orders Demand zones reflect unfilled institutional orders. If smart money had previously bought here, they may defend this zone to protect their positions. That could mean more buying at this level, pushing the price higher once again. ⚠️ But Wait — Risk Management is Key! Even high-probability setups can fail — and that’s just the nature of trading. Always use a stop-loss. The goal isn’t to be right all the time — it’s to manage risk smartly and survive long enough to be consistently profitable. 📊 Setup Summary Price near RBR demand zone Strong case for smart money entry Confluence of 20 EMA support Polarity principle : Resistance turned into support Volume drop on pullback — bullish signal Always place stop-loss — risk management matters 📌 "In trading, confidence comes from preparation — not prediction." Lastly, Thank you for your support, your likes & comments. Feel free to ask if you have questions. ⚡ Stay focused, trade smart, and let the charts do the talking! ⚡ This analysis is for educational purposes only and is not intended as a trading or investment recommendation. I am not a SEBI registered analyst.
NSE:REDINGTONLong
by AfnanTAjuddin
Nifty at Crucial Juncture. 22670 To Watch For!Nifty has shown some resilience despite Global Fallout following Tariff War. Scenario B had been in the Play until Friday. However The Retaliation from China led to Historical Correction in Global Market. Considering above Change in Global Sentiment, Our Approch needs some reconsideration. With Scenario C likely to come into play with Big Gap down suggested by Gifty, let's have a look at Crucial Level that is 22670. Whether Nifty sustains and Closes the coming Week above it or Below it could decide which Scenario plays out Scenario A - Nifty doesn't break the Low made at 22000 and closes above 22670. This could lead to further upside testing 24750 25000 Zone. Scenario B - Nifty falls out of the Green Parallel Channel closing below 22670. This could lead to further downside testing 21300 Zone. However in either scenario Chances of Downfall Continuation looks less likely given the Weakness Suggested by The Divergence in RSI And Nifty trading near Demand Zone. We Need a decent Pullback before further Greater Downfall.. Which Scenario do you think will be in Play this week? We will be on sidelines next week unless Nifty takes Support at 22670 Zone or tests 21300 Zone. 🤞
NSE:NIFTYLong
by DrAnandM
Real Success Rates of the "Rising Wedge" in TradingReal Success Rates of the Rising Wedge in Trading Introduction The rising wedge, also known as the "rising wedge" in English, is a chart pattern that has a remarkable success rate in trading. This analysis details its performance, reliability and complementary indicators to optimize its use. Success Rate and Performance -Key Statistics Overall success rate: 81% in bull markets Average potential profit: 38% in an existing uptrend -Breakout Direction Bearish: 60% of cases Bullish: 40% of cases Contextual Reliability Bull market: 81% success, average gain of 38% After a downtrend: 51% success, average decline of 9% Important Considerations The rising wedge is generally a bearish pattern, indicating a potential reversal. Reliability increases with the duration of the pattern formation. Confirmation of the breakout by other indicators, especially volume, is crucial. Complementary Indicators -Volume Gradual decrease during formation Significant increase during breakout -Oscillators RSI (Relative Strength Index): Identifies overbought/oversold conditions Stochastics: Detects price/indicator divergences -Moving Averages Crossovers: Signal trend changes -Dynamic Support/Resistance: Confirm the validity of the wedge -Momentum Indicators MACD: Identifies price/indicator divergences Momentum: Assesses the exhaustion of the trend -Other Elements Fibonacci Levels: Identify potential support/resistance Japanese Candlestick Analysis: Provides indications of reversals Conclusion The rising wedge is a powerful tool for traders, offering a high success rate and significant profit potential. The combined use of complementary indicators increases the reliability of the signal and improves the accuracy of trading decisions. It is essential to look for a convergence of signals from multiple sources to minimize false signals and optimize trading performance. _______________________________________________ Here are the best times to enter a trade after a rising wedge, in a professional manner: -The confirmed breakout Wait for the candle to close below the support line of the wedge. Look for a significant increase in volume during the breakout to confirm its validity. -The retest Look for a pullback on the broken support line, which has become resistance. Enter when the price rebounds downward on this new resistance, confirming the downtrend. -The post-breakout consolidation Identify the formation of a flag or pennant after the initial breakout. Enter when this mini-formation breaks in the direction of the main downtrend. -The confirmed divergences Spot bearish divergences on oscillators such as the RSI or the MACD. Enter when price confirms divergence by breaking a nearby support. -Timing with Japanese Candlesticks Identify bearish formations such as the Evening Star, Bearish Harami, or Dark Cloud. Enter as soon as the next candle confirms the bearish pattern. -Important Considerations Always place a stop-loss to manage risk effectively. Be patient and wait for the setup to be confirmed before entering the trade Check the trend on higher timeframes to ensure the consistency of the trade. Integrate the analysis of the rising wedge with other technical indicators to improve the quality of decisions. By following these recommendations, traders can optimize their entries on rising wedges while minimizing the risk of false signals.
BINANCE:BTCUSDEducation
by Le-Loup-de-Zurich
Nifty 50-October 2024 viewI feel it is time to be little cautious. Post 4th June(the election results day), we have seen a good rally in market from 21300 to 26250 today which is almost 25% and that too without a significant pull back or correction. The rally since past couple of weeks is mainly due to large caps. There is no reason to be extremely bearish but as per fib retracement, we are near golden ratio of 61.8%. We might see a pullback or consolidation here before next move towards 27000+ levels. Important levels to look at is 26000 below which we should expect 25800, 25500 and 25350. Midsmall caps might see a bigger pullback than Nifty hence follow risk management in your swing positions. Nifty metal is looking quite bullish and is sector to keep in watchlist. Please note that I am not expecting a crash or big correction and hence please don't overreact and do panic selling.
NSE:NIFTY
by chartistamey
4
Ready for Next LegNSE:SANOFI after Breaking out Heavily with Volumes took some Rest on the Accumulation Zone and now that 50 EMA has caught up and Took Support Today. Keep in Radar Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: 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.
NSE:SANOFILong
by Karanshah137
Fake Breakdown and Now PullbackNSE:GAIL Gave a Fake Breakdown from the Parallel Channel and Took Support on 100 EMA and again faked the 100 EMA Breakdown closing below it but in the past three days it has shown reversal trying to respect the 100 EMA and getting back into the rising Channel a close above 243 will give more strength to it when it reaches the midpoint of the channel. Disclaimer: 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.
NSE:GAILLong
by Karanshah137
Breaking Out, Supporting 200 EMA in Accul. ZoneNSE:HINDCOPPER is breaking out of key levels with strength respecting 200 EMA, which was accumulated between 290 and 320 Zones. With China's Stimulus and Rate Cut ExpectationsCopper Prices have risen. Nifty Metal also Went up Today. Disclaimer: 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.
NSE:HINDCOPPERLong
by Karanshah137
GRSE (Reversal Indication On DTF + 4hr Time Frame)Garden Reach Shipbuilders & Engineers Ltd (GRSE) is forming reversal on DTF and 4hr time frame. The stock has given reversal from 200 EMA Level on 4hr time frame. The possible upside remains for 1950, 2100 levels. Support on the 4hr time frame is placed at 1670 levels. Also, the stock has formed bullish engulfing pattern on DTF with Good volume. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
NSE:GRSELong
by onkarsoundankar