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NIFTY 50 – Intraday level 15min TFNIFTY 50 – Gap Resistance Test After Falling Wedge Breakout Timeframe: 15 min 📌 Key Observations: Falling wedge pattern formed over the last few sessions, followed by a clean breakout with rising volume. Price has now rallied toward the gap resistance zone near 24,880–24,900, where supply previously stepped in. 24,750 is acting as immediate support — the level from where the breakout initiated. Next resistance to watch is 25,138, which aligns with a previous structure zone. 📈 Trading Plan: ✅ Bullish if: Price sustains above the 24,880–24,900 gap resistance Then potential upside towards 25,050 / 25,138 ⚠️ Caution if: Price gets rejected at the gap resistance Watch for pullback retest around 24,750 🔍 Sentiment: Short-term recovery is in play after a prolonged downtrend, but the current zone is a make-or-break resistance.
NSE:NIFTYLong
by misalraj
NASDAQ: Webbull Corporation - Long Setup, Reversal SignWebbull Corporation shows signs of a potential long opportunity after forming a Bullish reversal pattern (falling wedge) on the daily chart. Price respecting a trendline, and Volume spurt on last trading session. signaling Bullish momentum. hinting at a possible uptrend initiation. Key Levels to Watch: Immediate support at $12.56 (immediate low) Trade Plan: Enter long above $13.50 on confirmation of bullish candle close. Stop loss above $12.60 to limit risk. Target $18.00 as per falling wedge rule, or trail stop as price moves above. Disclaimer : Risk management is crucial. so keep position sizing appropriate. This analysis is intended for educational purposes and not financial advice.
NASDAQ:BULLLong
by misalraj
Asian Paints: Short Setup — Bearish Reversal SignalAsian Paints shows signs of a potential short opportunity after forming a bearish reversal pattern (Rising wedge) on the daily chart. The stock failed to sustain above the resistance near 2600, Formed a Double top pattern. The RSI is showing bearish divergence, signaling weakening momentum. hinting at a possible downtrend initiation. Key Levels to Watch: Immediate support at 2450 (swing low) Further downside target around 2320 if support breaks decisively Trade Plan: Enter short below 2450 on confirmation of bearish candle close. Stop loss above 2500 to limit risk from false breakdown. Target 2320 for conservative exit or trail stop as price moves lower. Disclaimer: Risk management is crucial in this volatile market, so keep position sizing appropriate. This analysis is intended for educational purposes and not financial advice.
NSE:ASIANPAINTShort
by misalraj
3
ETERNAL – Rising Wedge Breakdown Setup | Target: 280The stock has formed a Rising Wedge pattern after a strong rally, with multiple rejections from the upper trendline (marked by red arrows). previous price action shows weakness near the resistance zone, indicating a potential breakdown. 🔹 Key Highlights: Rising Wedge Pattern visible on the daily chart – a bearish reversal setup. Volume surge in recent sessions signals distribution at higher levels. Gap Support at 277 – likely to be tested once breakdown confirms. Immediate Target: 280, aligning with horizontal support. Risk-to-Reward favored on the short side as price rejects resistance. 🔻 Breakdown Confirmation: 277 (Gap level) 241.45 219.22 This setup offers a clean technical short opportunity if downside momentum continues. Suitable for traders looking to capitalize on wedge breakdowns with volume confirmation. Disclaimer : Risk management is crucial in this volatile market, so keep position sizing appropriate. This analysis is intended for educational purposes and not financial advice.
NSE:ETERNALShort
by misalraj
Bajaj Health care falling wedge pattern.Price Action: A "weapon candle breakout" is evident, with the price testing 497.60 INR, supported by a "huge volume" spike, indicating strong bullish momentum. Pattern: A falling wedge pattern is noted, typically bullish, with the breakout suggesting a potential upward trend. Targets and Support: As per chart any dip up to 458 is buying opportunity for Price targets are set at 646 INR (TG1) and 784 INR (TG2). Indicators: RSI (14, close) at 67.72 nears overbought levels. MACD shows a bullish crossover. ADX is in momentum (above 25) with +DI above -DI, confirming trend strength. Like and support.
NSE:BAJAJHCARE
by tradetechnicalanalyst
Hindalco – Monthly Chart | Educational View Near ATH, testing a 20-year trendline — worth studying. Price is trading inside a long-term rising wedge. The upper trendline has acted as resistance multiple times (2007, 2011, 2022, and now). Currently consolidating in a tight range near ATH (~₹775). Volume needs improvement — a decisive breakout above resistance should ideally come with strong volume confirmation. ⚠️ Risks / Watch-outs: Rising wedge patterns can also resolve downwards if breakout fails. Repeated rejections from the same long-term trendline may trigger profit-taking. Without big volume, any breakout attempt may not sustain. 💡 Learning Point: Long-term trendlines and volume behavior are crucial in studying potential breakouts vs. failed attempts. ⚠️ Disclaimer: This post is for educational purposes only. It is not a buy/sell recommendation or financial advice. Please do your own research or consult a SEBI-registered advisor before making investment decisions.
NSE:HINDALCOLong
by sagartharayil
2
UPL Breakout from Falling Wedge: Bullish Continuation Ahead?The chart for UPL Limited (1-Hour, NSE) presents a promising bullish breakout scenario, emerging from a well-defined falling wedge (descending channel). Traders and investors watching for breakout opportunities will want to monitor this move closely as the price breaks above resistance with potential to test higher levels. 1. Chart Pattern Formation: Falling Wedge with Bullish Implication Over the past several trading sessions, UPL consolidated inside a downward sloping wedge pattern characterized by: - Lower highs and lower lows, creating a narrowing channel. - The support trendline consistently held the price near 685–690 levels. - The resistance zone, marked with a red trendline, was tested multiple times before finally breaking out. - This kind of pattern often precedes a trend reversal or continuation to the upside, especially when it forms after a prior bullish move. 2. Breakout Confirmation: Clean Move Above Resistance - Price has broken out of the descending resistance, closing above ₹703+. - This breakout came with a retest of the support and is now showing signs of resuming upward momentum. - The price structure now signals the end of the downtrend inside the wedge and potential bullish continuation. 3. Target Projections Using Pattern Height The measured height of the wedge pattern provides us with two price targets: - Target 1: ₹714.95 The first logical resistance and Fibonacci extension zone. - Target 2: ₹735.25 Based on full height projection of the wedge breakout. These targets are calculated from the breakout level and are aligned with historical price action levels. 4. Stop Loss and Risk Management - Suggested Stop Loss (SL): ₹685.75 Just below the support zone and wedge structure to avoid false breakouts. - Entry Zone: Around current levels of ₹703–704 or on dips near ₹700–701 if retest occurs. - Risk-Reward Ratio: Around 1:2.5 for T2, offering good upside with controlled risk. 5. Key Technical Takeaways - Pattern: Falling Wedge (Bullish Reversal/Continuation) - Breakout Zone: ₹703+ - Support Zone: ₹685–688 - Momentum Bias: Bullish (as long as price holds above support) - Risk Zone: Below ₹685 - Reward Zone: ₹715 to ₹735 Conclusion: UPL Gearing Up for a Short-Term Rally UPL has triggered a classic technical breakout from a falling wedge, backed by a retest and bounce from support. As long as price sustains above ₹685, bulls may drive the stock toward the upper targets of ₹715 and ₹735. The chart offers a low-risk, high-reward setup ideal for short-term swing traders.
NSE:UPLLong
by TradZoo
BANKNIFTY: POSSIBILITY OF RISING WEDGE BREAK DOWN• BN have formed a lower low on higher time timeframe • There are multiple fundamental good news (GST + Strong global market) hits the market, but the upside is limited • A clear rising wedge has formed in BN in lower timeframe • Market is halted near day candle EMA 21. • Any breakdown of wedge in hour candle could trigger a massive down move. • T1 : 53500 and T2: 52086 • T1 is tested multiple time hence the support is weak and chance of breakdown of T1 is extremely high. • Opportunity to short below bottom trendline of the wedge at closer of 1 hour candle below 54656 keeping sl above the candle. • A possible 1: 9.1 RR. • Educational purpose only. Enjoy the market.
NSE:BANKNIFTYShort
by trader_ghosh
Bearish Signal at BreakoutThe AUDCAD is on strong Buy side since the start of this month. Enough to be in overbought area. The Channel / Rising wedge is confirming its strong buy on H1 timeframe. Now we are waiting for the breakout of this Rising Wedge. Yet we will not trade unless it doesn't break its Lower High at 0.9140 which will be the start of our Bearish Trend on H1 time frame. the first target is 0.9080 and 2nd Target is at 0.9026 . I already placed two trades, 1 aiming for target 1 and 2nd aiming for target two. Remember, not to forget to move the SL to Break even after target 1 hits. what about H4 time frame? Well, the above analysis on H1 timeframe may pave the way to break the 0.9102 level which comes in between our Entry and Target 1. If it breaks then we must be sure for our target 2 while trading with 0 risk after moving down our SL to Break even if target 1 hits.
Short
by hameedops
3
HDFC Bank – Rising Megaphone & RSI DivergencePrice structure since 2020 has unfolded inside a broadening rising channel (megaphone type). The latest high at ₹1,018.85 came right at the upper boundary. Price action: A fresh high was made, but momentum did not confirm. RSI: Long-term bearish divergence is visible – each new price high comes with weaker RSI peaks. Still, RSI is holding above the 50 zone and its rising trendline. Implications: If RSI holds above 50, bulls may attempt another breakout above ₹1,018.85. If RSI breaks below 50 and the trendline, the bearish divergence will likely play out with price sliding toward the lower boundary near ₹820–850. This makes the current zone a make-or-break region for HDFC Bank. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:HDFCBANKShort
by WaveXplorer
Nifty - Weekly Review Sep 1 to Sep 5Price action has formed a falling wedge pattern in Nifty. The falling wedge pattern is bullish, and sustaining a price above 24500 is crucial. The zone 24400 to 24500 will act as a choppy zone. Buy above 24520 with the stop loss of 24460 for the targets 24560, 24620, 24680, 24720, and 24760. Sell below 24380 with the stop loss of 24430 for the targets 24340, 24280, 24220, 24160, 24120, and 24080. The main trend is bearish, and the minor trend is bullish unless bulls show their strength. Always do your analysis before taking any trade.
NSE:NIFTY
by vanathi
4
Bank nifty Rising wedge pattern.Pattern Analysis Rising Wedge Pattern: A bearish pattern typically seen near tops. It shows narrowing price movement with higher highs but declining momentum. Breakdown confirmed as price has fallen below the lower wedge support trendline. Confirms selling pressure and rejection from the top near 57,300–57,500 zone. 🕯️ Candlestick Signals Dark Cloud Cover: A bearish reversal pattern indicating sellers have taken control after a bullish phase. Big Red Candle + ‘M’ Pattern: Bearish engulfing at resistance – strong indication of a top formation. 3 Inside Down Candlestick Pattern at Resistance: Recent red candles have higher volume, confirming institutional selling activity. As anticipated in our previous analysis, Bank Nifty corrected from the 57,000 level to 56,056, validating the bearish setup. It is also expected to short here 56,550 add on any rise up to 57,700-57,950 for target mentioned on chart. Alternative Scenario: Be aware that the rising wedge could potentially break upwards. If the price breaks decisively above the resistance trendline with strong volume, the bearish outlook would be invalidated.
NSE:BANKNIFTYShort
by tradetechnicalanalyst
2
LICHSGFINPrice is forming a falling wedge. A falling wedge is a bullish pattern. Since the overall market sentiment is bearish, we will discuss bearish movement. Price can have a pullback or fall from the current price. In case of a pullback back if there is any bearish sign at the 554 - 556 zone, sell below 554 with the stop loss of 559 for the targets 549, 544, and 539. No pullback and down trend continues, then sell below 548 with the stop loss of 553 for the targets 544, 538, and 532.
NSE:LICHSGFINShort
by vanathi
Cummins India – Wave 4 Expanded Flat Before New ATHFrom the 2580 low , Cummins India has likely started a new impulse sequence . Wave 1 unfolded as a Leading Diagonal , confirmed by messy overlaps and volume spikes. A sharp Wave 2 retracement was followed by a powerful Wave 3 rally to 3900. RSI has held a rising trendline throughout, supporting momentum. Now, price action suggests a Wave 4 Expanded Flat : Wave A dipped from 3900. Wave B exceeded the high. Wave C is projected to retrace into the 3737–3637 Fib zone , offering an entry setup. Trade Plan: Entry levels: 3737–3637 Stop loss (SL): Below 3419 Target (Tgt): New ATH at 4171+ RSI remains constructive — momentum intact unless the trendline breaks. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:CUMMINSINDLong
by WaveXplorer
M&M _ Rising Wedge Formation📊 M&M – Technical & Educational Snapshot Ticker: NSE: M&M | Sector: 🚙 Auto CMP: ₹2,7XX (as of 16 Aug 2025) Rating (for learning purpose): ⭐⭐⭐⭐ Pattern Observed: 📉 Rising Wedge Formation (Bearish Reversal Case Study) 🔑 Key Reference Levels (For Learning) Support / Breakdown Zone: Lower wedge trendline Resistance / Rejection Zone: Upper wedge trendline Bearish Projection (Case Study): ~₹2,410 Bullish Continuation (Alternative View): ~₹3,300 📌 Pattern Observations ✅ Price forming higher highs & higher lows but within converging trendlines ✅ Momentum slowing → smaller swings inside wedge ✅ Typical bearish reversal structure (confirmation needed) ✅ Volume + RSI divergence can add conviction 📝 STWP Trade Analysis (Educational Illustration Only) 1️⃣ Bearish Breakdown (Primary Scenario) Observation: Breakdown below wedge support often studied as bearish signal Stop Loss (Learning Reference): Above upper wedge / recent swing high Downside potential: ₹2,410 (measured move projection) 2️⃣ Bullish Breakout (Alternative Scenario) Observation: Breakout above wedge resistance may lead to continuation Stop Loss (Learning Reference): Below wedge / recent swing low Upside potential: ₹3,300 📊 Risk Management & Confirmation Traders typically wait for daily close outside wedge boundaries Volume confirmation is key → spikes above average strengthen the move RSI divergence often adds confidence to the setup 📌 Summary (Learning View Only) The M&M Rising Wedge is a classic reversal study. Key lesson: A wedge pattern teaches how slowing momentum can shift market control — but confirmation with volume + price close is essential before validating either direction. ⚠️ Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment advisor, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading — whether in stocks or options — carries risk. Markets can move unexpectedly, and losses can sometimes be larger than the money you have invested. Past performance or past setups do not guarantee future results. If you are a beginner, treat this as a guide to understand how the market works — practice on paper trades before risking real money. If you are an experienced trader, remember to assess your own risk, position sizing, and strategy suitability before entering any trade. Consult a SEBI-registered financial advisor before making any real trading decision. By reading, watching, or engaging with this content, you acknowledge that you take full responsibility for your own trades and investments. ________________________________________ 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover clean, structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. ✅ Follow simpletradewithpatience for beginner-friendly setups, price action insights & disciplined trading content. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:M&MShort
by simpletradewithpatience
NIFTY BREAKDOWN CONFIRMED | BEARISH TARGETS ACTIVE!Nifty has already broken down from a well-formed descending wedge pattern on the 4-hour timeframe, backed by a strong volume spike — a classic sign of institutional selling pressure . Additionally, the MACD has turned decisively bearish , further confirming the momentum shift to the downside . TRADE SETUP (ACTIVE IDEA) • Status: Breakdown already confirmed • Target: 24,177 • Stop Loss: 24,594 • Risk-Reward: Favorable short setup post-breakdown TECHNICAL HIGHLIGHTS • Breakdown of descending wedge already in play • High volume confirms conviction behind the move • MACD bearish crossover supports downside bias • Room for further weakness toward key support at 24,170 OBSERVATION Price may retest the breakdown zone, but as long as it stays below 24,594 , the bearish structure remains intact.
NSE:NIFTYShort
by peace_lover
Dr. Reddy’s Breakout + Bullish Stochastic + Volume Surge = ₹1307🔍 TECHNICAL HIGHLIGHTS: 📉 DESCENDING WEDGE BREAKOUT: Price has decisively broken above the wedge resistance, signaling a trend reversal. 🚀 GAP-UP OPENING: Signals aggressive buyer interest and bullish sentiment. 🔄 STOCHASTIC OSCILLATOR: Fast %K line has crossed above the slow %D line in the oversold zone, indicating momentum is shifting to the upside. 🔊 VOLUME SURGE: Heavy volume during breakout confirms strong buying pressure and likely institutional participation. 🎯 TRADE SETUP: ✅ PROFIT TARGET : ₹1307 ❌ STOP LOSS: ₹1221 📌 CONCLUSION: All indicators align for a potential bullish rally. With pattern confirmation, momentum support, and volume validation, this setup looks promising. Watch for follow-through price action and volume consistency.
NSE:DRREDDYLong
by peace_lover
1
KAYNES TECHNOLOGY IND LTD – Technical Analysis________________________________________ 🧠 KAYNES TECHNOLOGY IND LTD – Technical Analysis Ticker: NSE:KAYNES | Sector: EMS & Semiconductors Current Price: 6,172.00 ▲ (+9.5% on July 31, 2025) Technical View: ⭐⭐⭐⭐ | Chart Pattern: Falling Wedge Breakout ________________________________________ 📈 Technical Overview 🔹 Chart Pattern Formed: Falling Wedge Breakout with extremely high volume confirmation 🔹 Breakout Zone: 6,000–6,050 🔹 Momentum Signals: — RSI breakout above 60 — Strong bullish candle with rising volume — VWAP and SuperTrend aligned bullish 🔹 Support Trendline Held on multiple touchpoints 🔹 Breakout Candle marked by heavy institutional volume ________________________________________ 📰 Key Fundamental Developments ✅ Q1 FY26 PAT up ~50% YoY to 74.6 Cr ✅ Gross margin expanded to 41%, EBITDA margin to 16.8% ✅ Strategic acquisitions from Fujitsu (85 Cr domestic + 118 Cr JV with L&T) ✅ Strong order book visibility (~7,400 Cr) ✅ Raised 1,600 Cr via QIP to fund growth ________________________________________ 📊 Sentiment Analysis Sentiment: ✅ Positive — Strong earnings beat and margin expansion — Global expansion through Fujitsu JV — Bullish commentary from major brokerages — Institutional confidence via QIP and upgrades ________________________________________ 🔼 Resistance Levels 6,400 – Immediate breakout target 6,834 – Top of consolidation range 7,285 – Medium-term resistance (historic supply zone) 🔽 Support Levels 5,970 – Breakout retest zone 5,700 – Structure base 5,170 / 4,864 – Deep support for longer-term invalidation ________________________________________ 📌 What’s Catching Our Eye 🔹 Volume spike confirms genuine breakout 🔹 RSI, SuperTrend, VWAP – all flashing bullish 🔹 Back-to-back bullish closes after a 10 day contraction breakout 🔹 Volume & price action aligned across multiple timeframes ________________________________________ 👀 What We’re Watching For 🔸 Follow-through momentum toward 6,400+ 🔸 Whether breakout holds above 5,970 in coming sessions 🔸 Semiconductor line execution progress 🔸 Margin trends in upcoming quarters ________________________________________ ⚠️ Risks to Monitor ⚠️ Rich valuations (~130x P/E) – limited room for disappointment ⚠️ Execution risk on new lines and acquisitions ⚠️ Global slowdown in electronics & macro headwinds ⚠️ Any delay in semiconductor segment scale-up ________________________________________ 🔮 What to Expect Next 🔹 Retest of breakout zone (~6,000–6,050) possible 🔹 If held, expect momentum toward 6,400–6,800 🔹 Sideways consolidation likely if volumes taper 🔹 Strong close above 6,400 could initiate fresh uptrend leg ________________________________________ 📈 Strategy Insight (For Educational Purposes Only) — Aggressive Traders: Watch level of 6284 — Momentum Traders: Watch 6,050 retest for low-risk entry — Risk Management: Position sizing + Capital risk – as per individual preference ________________________________________ 💬 Why It’s On Our Watchlist Kaynes blends EMS scale with high-margin ODM design and semiconductor upside. Rare in India’s listed space. Strong revenue visibility, global expansions, and balance sheet strength make it a high-conviction long-term story. ________________________________________ 📉 If Price Comes Down… 5,700–5,800 is a critical support zone. Breakdown below this with volume = trend weakness. 5,400 is final demand zone before structural damage. ________________________________________ 🪙 Educational Insight for Learners This chart is a real-world example of a falling wedge breakout confirmed by volume. The key takeaway: price alone is not enough—watch volume, RSI, and structure. Never chase momentum without a plan. Always pair conviction with discipline. ________________________________________ 🚨 Reminder: No stock is a “sure thing.” Use proper risk management. Stay rational when others get emotional. ________________________________________ ⚠️ Disclaimer (Please Read Carefully): This content is shared strictly for educational and research purposes only. I am not a SEBI-registered investment advisor, and no buy or sell recommendations are being made. All views expressed are based on personal market analysis and experience. They are not intended as financial advice. Trading — especially in derivatives like options — involves significant financial risk. Losses can exceed your initial investment. 👉 Always do your own research and consult a certified SEBI-registered advisor before making any investment or trading decisions. 👉 Use proper risk management and only trade with capital you can afford to lose. The author assumes no responsibility or liability for any trading losses incurred from acting on this content. By engaging with this material, you agree to these terms. ________________________________________ 💬 Found this helpful? Drop your thoughts, questions, or insights in the comments below ⬇️ — let’s learn together! 🔁 Share this post with your trading friends and community — help them discover clean charts, structured setups, and zone-based learning. ✅ Follow simpletradewithpatience for clear setups, educational content, and a no-nonsense approach to price action, supply-demand zones, and risk-managed trades. 🚀 Trade with patience. Trust your charts. Stay clear-headed. Because the goal is not just to trade — it's to trade better. Be Self-Reliant | Trade with Patience | Learn with Charts & Zones 📊
NSE:KAYNESLong
by simpletradewithpatience