EMSLIMITEDEMSLIMITED
Bullish Pennant.
Trendline Breakout.
Closed near the Rectangle breakout High.
Good for long.
Trend Lines
Kalyan Jewellers - Trendline breachedTopic Statement: Kalyan Jewellers' bullish momentum takes a break, as the stock price is entering a sideways phase for the coming weeks.
Key Points:
1. The mid-term uptrend line was breached, shifting the trend to sideways.
2. The stock has strong support at 650, aligned with the 38.2% retracement level.
3. A further correction to 530 is possible, where the 61.8% retracement level and accumulation zone may provide significant support.
Voltas - Trendline breachedTopic Statement: Voltas' bullish trajectory is temporarily put on pause as the stock shifts into a bearish pattern.
Key Points:
1. The stock is moving within a down-trending channel, indicating continued selling pressure.
2. The breach of the medium-term uptrend signals further bearish momentum.
3. A gap at 1450 is expected to be filled, making 1500 an ideal buying level for long-term gains.
Will APEUSDT's Cup and Handle Propel It to New Heights?Yello Paradisers! Are you prepared to capitalize on the next big move in APEUSDT? Let’s break down the current setup and what it could mean for traders.
💎APEUSDT has recently taken the liquidity from the Fair Value Gap (FVG) and is now forming a textbook Cup & Handle pattern on a key support zone. This development significantly increases the probability of a bullish breakout.
💎If APEUSDT breaks out and closes a candle above the resistance zone, this will validate the Cup & Handle pattern, further increasing the chances of a strong bullish move.
💎A bounce from the support zone is likely. To strengthen our conviction, we recommend watching for a bullish Internal Change of Character (I-CHoCH) on lower timeframes. This would stack probabilities in our favor.
💎If the price breaks down and closes a candle below the support zone, this will invalidate our bullish thesis. In that scenario, patience is key—wait for clearer price action to form before making your next move.
🎖Remember, Paradisers, trading is a marathon, not a sprint. Keep refining your skills, focus on robust strategies, and never let emotions take the wheel. Long-term success is built on patience and discipline.
MyCryptoParadise
iFeel the success🌴
SLPUSDT: The Breakout Everyone’s Waiting For?Yello, Paradisers! 🚨 Have you noticed SLPUSDT’s recent action? After a resistance trendline breakout, it’s now consolidating while forming an inverse head and shoulders pattern with a bullish divergence—classic signals pointing toward a potential bullish move. But will it deliver? Let’s break it down.
💎If SLPUSDT manages to break out and close a candle above the resistance zone, it would confirm the inverse head and shoulders pattern. This validation could significantly increase the probability of an upward move.
💎In case of a retracement, the support zone may act as a bounce level. However, to enhance the odds in our favor, waiting for a bullish internal change of character (I-CHoCH) before entering would be the smarter play.
💎On the flip side, if SLPUSDT breaks down and closes a candle below the support zone, this would invalidate the bullish setup entirely. At that point, the better approach would be to wait for a stronger price action structure to emerge rather than forcing a trade.
🎖 This is why patience and discipline are key, Paradisers. Let the market confirm your setups—trading without validation is gambling, not strategy. Stay sharp and focused. Remember, the best opportunities often come to those who wait for the highest-probability trades.
MyCryptoParadise
iFeel the success🌴
Nifty Intraday Analysis for 6th December 2024NSE:NIFTY
Index closed near 24710 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 31.58 Lakh
24500 Strike – 26.84 Lakh
24500 Strike – 20.96 Lakh
Put Writing
24500 Strike – 40.76 Lakh
24000 Strike – 30.79 Lakh
24700 Strike – 18.31 Lakh
Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
Banknifty Intraday Analysis for 6th December 2024NSE:BANKNIFTY
Index closed near 53605 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
54000 Strike – 17.57 Lakh
53000 Strike – 13.43 Lakh
54500 Strike – 9.56 Lakh
Put Writing
52500 Strike – 15.05 Lakh
53000 Strike – 12.44 Lakh
53500 Strike – 7.99 Lakh
Index has resistance near 54000 – 54200 range and if index crosses and sustains above this level then may reach near 54500 – 54600 range.
Index has immediate support near 53200 - 53000 range and if this support is broken then index may tank near 52850 - 52260 range.
High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
Finnifty Intraday Analysis for 6th December 2024NSE:CNXFINANCE
Index closed near 24730 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
25000 Strike – 1.13 Lakh
24500 Strike – 0.60 Lakh
24600 Strike – 0.48 Lakh
Put Writing
24000 Strike – 1.17 Lakh
24500 Strike – 0.79 Lakh
24500 Strike – 0.75 Lakh
Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25000 - 25100 range.
Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24375 – 24325 range.
High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
Midnifty Intraday Analysis for 6th December 2024NSE:NIFTY_MID_SELECT
Index closed near 12935 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
13000 Strike – 4.86 Lakh
13300 Strike – 2.96 Lakh
13200 Strike – 1.64 Lakh
Put Writing
13000 Strike – 2.38 Lakh
12700 Strike – 1.72 Lakh
12900 Strike – 1.63 Lakh
Index has immediate resistance near 13000 – 13050 range and if index crosses and sustains above this level then may reach 13150 – 13200 range.
Index has immediate support near 12800 – 12750 range and if this support is broken then index may tank near 12650 – 12600 range.
High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
Maharashtra Seamless Ltd looks good Technically.-Trendline breakout with high volume.
-Ideal entry missed
-Now at another important resistance. If broken and sustained then there is scope for further upmove.
-Volume picking up with price movement.
-Dry volume during pull backs.
-Good ROCE
-Good ROE
-Debt-free company.
-Profit growth of 26.3% CAGR over last 5 years
These are the reasons for picking this stock. This is a positional pick. SL is very deep so position size it or adjust the SL as per your trading style/ Risk appetite.
The chart shared is for educational purposes. Please do your due diligence before investing.
Breakout BLSBLS has given breakout from triangle pattern. Next target would be around 468 which is almost 8-9% from the current price
MEDPLUSMedplus has given trend-line breakout with increased market participation. Seems promising for midterm trading. Trend reversal is quite possible after almost a year's consolidation.
EXACT rejection from our RESISTANCE.. what’s next? As we can see BANKNIFTY showed exact rejection from our given zone as we had been analysing in last few posts as the gap could potentially act as a good RESISTANCE. As of now BANKNIFTY has shown over 2000++ points move in spot chart and hence we can expect some breather here before acclaiming new ATH so one can book partial profits here.
DHUNSERI INVSETMENTSDHUNSERI Investment
Chart looks good.
Waiting to cross the trendline.
Shall take the entry if it closes above 2450.
Cup & Handle Chart Pattern Breakout | APLAPOLLO⭕️ Price Action Analysis Alert !!!⭕️
FOR EDUCATION PURPOSE ONLY!!!
✅Overview of APL Apollo Tubes Ltd.
👉It is India’s leading manufacturer of structural steel tubes and hollow sections, widely used in construction, infrastructure, and industrial applications
👉Focused on substituting traditional building materials with advanced steel solutions.
✅Fundamental Analysis
📍The company maintains healthy profit margins due to cost-efficient operations and strong pricing power.
📍 Managed to keep its debt under control, maintaining a strong balance sheet.
📍High ROE and ROCE
📍Stock valuation due to strong growth potential, market leadership, and consistent performance.
✅Technical Analysis:
1️⃣Cup&Handle chart Pattern Bo
2️⃣Supporting Volume
3️⃣Supporting EMA
4️⃣BO Confirmation
5️⃣Strong Support
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
ATH _BSEHi traders,
Currently BSe trading at ATH.
Kindly see chart 📉 for discription.
Happy Trading!!
Nifty Intraday Analysis for 5th December 2024NSE:NIFTY
Index closed near 24465 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 157.50 Lakh
24800 Strike – 116.87 Lakh
24500 Strike – 107.03 Lakh
Put Writing
24000 Strike – 130.13 Lakh
23800 Strike – 122.09 Lakh
23900 Strike – 84.79 Lakh
Index has resistance near 24550 – 24575 range and if index crosses and sustains above this level then may reach near 24700 - 24750 range.
Index has immediate support near 24350 – 24300 range and if this support is broken then index may tank near 24200 – 24150 range.
Banknifty Intraday Analysis for 5th December 2024NSE:BANKNIFTY
Index closed near 53265 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
54000 Strike – 16.50 Lakh
53000 Strike – 14.48 Lakh
53500 Strike – 12.21 Lakh
Put Writing
52000 Strike – 16.91 Lakh
52500 Strike – 16.29 Lakh
53000 Strike – 11.67 Lakh
Index has resistance near 53500 – 53600 range and if index crosses and sustains above this level then may reach near 54000 – 54200 range.
Index has immediate support near 52850 - 52750 range and if this support is broken then index may tank near 52300 - 52200 range.
Finnifty Intraday Analysis for 5th December 2024NSE:CNXFINANCE
Index closed near 24565 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
25000 Strike – 1.42 Lakh
24500 Strike – 0.77 Lakh
24700 Strike – 0.58 Lakh
Put Writing
24000 Strike – 1.40 Lakh
24200 Strike – 0.80 Lakh
24500 Strike – 072 Lakh
Index has resistance near 24700 - 24750 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24400 – 24350 range and if this support is broken then index may tank near 24200 – 24150 range.
Midnifty Intraday Analysis for 5th December 2024NSE:NIFTY_MID_SELECT
Index closed near 12925 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
13000 Strike – 4.00 Lakh
12800 Strike – 2.46 Lakh
13300 Strike – 2.41 Lakh
Put Writing
12500 Strike – 3.92 Lakh
12600 Strike – 2.98 Lakh
12700 Strike – 2.93 Lakh
Index has immediate resistance near 13000 – 13050 range and if index crosses and sustains above this level then may reach 13150 – 13200 range.
Index has immediate support near 12800 – 12750 range and if this support is broken then index may tank near 12650 – 12600 range.
FILUSDT: Is This a Bull Trap or a Breakout?Yello Paradisers! Is FILUSDT gearing up for a bullish run, or is this just another fake-out? The recent breakout from a resistive trendline and the formation of a W-pattern are raising hopes of a potential bullish move. But, as always, the devil is in the details. 🧐
💎If FILUSDT breaks out and closes a candle above the resistance zone, it will confirm the W-pattern, significantly increasing the probability of a bullish rally. This would be the ideal entry point for those looking to ride the uptrend.
💎In case of a pullback, we can expect a bounce from the support zone. However, if the overall market shows heavy bearish momentum, it's wiser to ignore any long entries. Here, scalping opportunities might arise, but they should be approached cautiously.
💎For a stronger confirmation of bullish strength from the support zone, we need to see an I-CHoCH (Internal Change of Character) that indicates a shift toward a bullish market structure. Without this, any move upwards could be weak and short-lived.
💎Be vigilant! If FILUSDT breaks down and closes a candle below the support zone, it will invalidate the entire bullish idea. In such a case, the market could swiftly switch gears, turning this setup into a bearish trap.
🎖Staying disciplined and waiting for clear confirmations will be crucial here, Paradisers. Remember, it’s better to miss a trade than to be caught on the wrong side. Stay safe and patient—this market rewards the sharp and the strategic! 💎
MyCryptoParadise
iFeel the success🌴
UltraTech Cement - Bullish channelTopic Statement: UltraTech Cement is on a bullish trajectory, offering strategic trading opportunities within its uptrending channel.
Key Points:
1. The stock is moving in a bullish uptrending channel, reflecting strong momentum.
2. Ideal strategy: buy at the lower end of the channel and sell at the upper end for optimal returns.
3. The high stock price may deter some traders, making it less favourable for frequent trades.
