ETHUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD ETHUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Trend Lines
LTIM - LTIMindtree and GitHub Forge Strategic Partnership to DriLTIMindtree Announces Strategic Partnership with GitHub
LTIMindtree has announced a strategic partnership with GitHub. This collaboration aims to integrate GitHub’s advanced DevOps and AI-driven pair programming capabilities with LTIMindtree’s expertise in digital engineering and AI transformation. The synergy between these two entities is expected to create a robust ecosystem that will drive enterprise innovation at scale.
Technical Analysis
The chart structure indicates a bullish trend, characterized by a cup and handle pattern. A breakout has already occurred.
Buy Range : ₹6550 - ₹6750
Stop Loss : Tailing trendline or ₹6250
Target : Open / As mentioned on Chart
BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Powergrid - Good upside from trend line📊 Analysis:
Good bullish Hammer candle form on Trend line, The price is supported by the 21-EMA and 50-EMA, which are trending upwards with good volume, signaling bullish momentum.
📈 Trading Plan:
Entry: Buy above 335 (wait for a breakout above candle at least 15 min with strong volume confirmation).
Target 1: 340-345
Target 2: 360
Stop-Loss: 325 (below hammer low)
SHAKTIPUMP RESISTANCE BREAKOUTSHAKTIPUMP, currently trading at ₹899.35, has shown a solid breakout above the marked resistance levels on the chart, indicating a strong potential for upward momentum in the coming weeks. Additionally, the stock has confirmed an ascending triangle breakout, reinforcing the bullish sentiment beyond the resistance level. This is a clear example of effective price action. The technical indicators look promising, with volumes steadily building up over the past few days, supporting the recent breakout.
Nifty's Inverted Head and Shoulders Pattern: Buy OpportunitiesNifty has formed an inverted head and shoulders pattern and is already in an uptrend. This setup presents two buying opportunities: you can enter again at the support level of 24,585 with minimal risk, or you may choose to wait for a breakout above 24,697. If it crosses this level, there is a high chance it will reach 24,850, potentially yielding over 150 points. I expect this target to be achieved in the coming days.
TRBUSDT: Bullish Breakout or Retail Trap?Yello Paradisers! TRBUSDT is showing signs of a potential bullish move, backed by its strong bullish market structure and a supportive trendline. However, this setup could soon become a classic trap for retail traders if the market induces premature entries.
💎If TRBUSDT takes inducement and shows a clear I-CHoCH (Internal Change of Character) on lower timeframes from the support zone, it will significantly increase the probability of a bullish breakout.
💎On the other hand, a breakdown and candle close below the support zone will invalidate this bullish idea, signaling caution. In that case, waiting for a more defined price action structure would be the smarter move.
🎖Discipline and patience are the keys here, Paradisers. Remember, a well-planned entry is far more valuable than chasing uncertain setups. Stay focused, trade strategically, and let the market come to you!
MyCryptoParadise
iFeel the success🌴
Nifty Intraday Analysis for 13th December 2024NSE:NIFTY
Index closed near 24550 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 48.18 Lakh 24600 Strike – 37.20 Lakh
24700 Strike – 29.81 Lakh
Put Writing
24000 Strike – 30.22 Lakh
24600 Strike – 29.33 Lakh
24500 Strike – 29.25 Lakh
Index has resistance near 24700 – 24750 range and if index crosses and sustains above this level then may reach near 24900 - 24950 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
NVDA | 200 EMA + trendline + Retest -> Support | long side TradeNVDA | 4H Chart | 200 EMA Long Setup 🎯
Here's a straightforward trend-following setup on NVIDIA (NVDA) using the 4-hour timeframe.
-Strategy:
1. 200 EMA (yellow line) acts as a dynamic support level, indicating a bullish trend.
2. Long Entry near the bounce off the 200 EMA, with price consolidating above key support.
3. Trend Line Support level
4. Stop Loss placed safely below recent lows to manage risk.
5. Two Target zones are marked for partial profit-taking:
- Target 1: The previous swing high.
- Target 2: A potential continuation towards higher highs, aligning with the broader uptrend.
- Why This Setup?
- Price respects the 200 EMA, Trendline and Support Retest level, signaling strong buying interest.
- The risk-to-reward ratio is favorable, with clearly defined entries and exits.
- NVDA remains in a structural uptrend, offering a solid opportunity for swing traders.
Trade with discipline, and always manage your risk! 🚀
Let me know your thoughts or suggestions in the comments. 👇
Is TURBOUSD About to Explode? Key Levels to Watch!Yello Paradisers! TURBOUSD is catching attention with its bullish market structure and a supportive trendline holding firm near a critical support zone. But is this the setup we’ve been waiting for, or could it falter? Let’s dive into the details.
💎If TURBOUSD approaches the support zone while respecting the trendline and confirms a bullish I-CHoCH (Internal Change of Character) on lower timeframes, the probability of a bullish move significantly increases. This could present a prime opportunity for a potential bullish move.
💎For those looking for extra confirmation before entering a trade, watch for classic bullish patterns such as: Double bottoms (W patterns), Inverse Head and Shoulders, These formations, combined with bullish price action, can further strengthen the case for a move upward.
💎However, caution is key. If TURBOUSD breaks below the support zone and closes candle decisively beneath it, the bullish setup is invalidated. In this scenario, waiting for clearer and more reliable price action will be the smarter move.
🎖Successful trading is not about chasing every move—it’s about waiting for the highest probability setups. Whether this is the breakout we've been anticipating or just another consolidation phase, patience and discipline are what separate winning traders from the rest.
MyCryptoParadise
iFeel the success🌴
Radico Khaitan Ltd – Resistance Breakout Setup📊 Analysis:
The stock is consolidating just below a key resistance zone near ₹2,457, forming higher lows and indicating bullish pressure. Supported by the 21-EMA and 50-EMA, the price is preparing for a potential breakout with increasing momentum.
📈 Trading Plan:
Entry: Buy above ₹2,460 (on breakout confirmation with strong volume).
Target 1: ₹2,600
Target 2: ₹2,665
Stop-Loss: ₹2,372 (below recent support and EMAs for risk management).
🛑 Risk-to-Reward Ratio: Approximately 1:2
💡 Note: Look for a decisive candle above ₹2,460 with high volume to confirm the breakout. Stay cautious if the stock fails to sustain above resistance.
Banknifty Intraday Analysis for 13th December 2024NSE:BANKNIFTY
Index closed near 53215 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
54000 Strike – 25.18 Lakh
53500 Strike – 20.07 Lakh
54500 Strike – 18.04 Lakh
Put Writing
52500 Strike – 17.74 Lakh
53500 Strike – 16.99 Lakh
53000 Strike – 14.36 Lakh
Index has resistance near 53750 – 53900 range and if index crosses and sustains above this level then may reach near 54500 – 54600 range.
Index has immediate support near 52900 - 52800 range and if this support is broken then index may tank near 52500 - 52400 range.
Finnifty Intraday Analysis for 13th December 2024NSE:CNXFINANCE
Index closed near 24725 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
25000 Strike – 2.56 Lakh
24800 Strike – 1.55 Lakh
24700 Strike – 1.31 Lakh
Put Writing
24800 Strike – 1.34 Lakh
24700 Strike – 1.13 Lakh
24500 Strike – 0.81 Lakh
Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25050 - 25100 range.
Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24450 – 24400 range.
Midnifty Intraday Analysis for 13th December 2024NSE:NIFTY_MID_SELECT
Index closed near 13070 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
13000 Strike – 6.62 Lakh
13200 Strike – 2.90 Lakh
13300 Strike – 2.60 Lakh
Put Writing
13000 Strike – 6.95 Lakh
12900 Strike – 2.34 Lakh
13100 Strike – 2.19 Lakh
Index has immediate resistance near 13200 – 13225 range and if index crosses and sustains above this level then may reach 13400 – 13450 range.
Index has immediate support near 13000 – 12950 range and if this support is broken then index may tank near 12850 – 12800 range.
INFY BREAKOUT ON Daily TF and Weekly TFInfosys (INFY) has been in a prolonged phase of consolidation, repeatedly testing a well-established resistance level over time. Despite multiple attempts, the stock consistently retracted from this level without delivering a decisive breakout. However, INFY has now closed convincingly above this resistance on both the Daily and Weekly time frames. This breakout suggests a strong potential for an imminent upside, supported by technical confirmation.
This setup presents a favorable risk-reward trade opportunity, with minimal risk due to the narrow stop-loss range. For investors with a long-term perspective, INFY also offers the possibility of substantial gains, even without relying on a stop-loss strategy. The breakout marks a critical juncture, highlighting its potential for sustained bullish momentum.
WLDUSDT on the Verge of a Breakout or Breakdown?Yello Paradisers! WLDUSDT is shaping up nicely, showing a bullish I-CHoCH (Internal Change of Character) after taking inducement and bouncing off a supportive trendline and key support zone. These factors significantly increase the probability of an upcoming bullish move.
💎However, it’s critical to keep an eye on potential retracements. If WLDUSDT retraces from its current level, we can anticipate a bounce from the support zone. To confirm this bullish outlook, we need to see a bullish I-CHoCH forming on lower timeframes—this will boost confidence in the move.
💎That said, discipline is key. If the price breaks down and closes candle below the support zone, this will invalidate the bullish idea entirely. In such a case, it’s better to step aside and wait for stronger price action to develop before taking further action.
🎖The key to consistent profitability is patience and waiting for high-probability setups. Stay disciplined and let the market come to you, Paradisers. Avoid chasing trades, and always stick to a robust strategy. That’s the only way to thrive in the long term!
MyCryptoParadise
iFeel the success🌴
Nifty Intraday Analysis for 12th December 2024NSE:NIFTY
Index closed near 24640 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24700 Strike – 146.50 Lakh 25000 Strike – 145.21 Lakh
24600 Strike – 102.78 Lakh
Put Writing
24000 Strike – 110.82 Lakh
24500 Strike – 109.43 Lakh
24600 Strike – 99.69 Lakh
Index has resistance near 24700 – 24750 range and if index crosses and sustains above this level then may reach near 24900 - 24950 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.