NMDC - Anytime breakout possibleIt looks good for to give break out. Exit if it goes below 106. Only suggesting for short term trading
1:3 risk reward ratio
Target 1 - 110.5
Target 2 - 114.5
Target 3 - 118
Stop loss - 106
Wedge
Rising Wedge Pattern Breakout in GRASIM INDUGRASIM INDUSTRIES
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Rising wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1855+.
✅Can Go Long in this stock by placing a stop loss below 1740-.
Sunpharma breaking out of the trend and approaching 1160Sunpharma has broken out of the falling trend and if the momentum continues, the first Fibonacci target would be 1160.
RATEGAIN - 15% Arbitrage PossibilityRategain stock has broken its earlier resistance of strong 418.6 levels. With a good strong move past it, and currently retesting its breakout. It shows a potential to test its earlier levels of 502 again.
The trade is forming like, a Buy around 438, an SL at 413 & Exit at 502, its staking 6% of stock for 15% of gain. Forming a risk reward of 1:2.5.
Have your own research & Cheers!
Rising Wedge Pattern Breakout in ULTRATECHCEMENTULTRATECH CEMENT
Key highlights: 💡⚡
✅On 1 Week Time Frame Stock Showing Breakout of Rising wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 9660+.
✅Can Go Long in this stock by placing a stop loss below 7350-.
CDSL: Falling Wedge Breakout Falling Wedge Breakout:
CDSL has fallen almost 34% since December 2021. It has given breakout from a falling wedge pattern on monthly charts. Rising prices are supportive of breakout in momentum indicators and volume supported price action.
CMP: 1110
R1: 1241 +11.45%
R2: 1457 +31.4%
Stoploss: 986.35
Falling wedge breakout and retested level with bullish candleThe extended downtrend in stock since April'22, after a year price given a falling wedge breakout and retested that with bullish candle .
Key support at ema 200 and price above all important moving average.
Entry at current level or above Rs 300 (day's closing candle) ;
Stop Loss below 270 ; Target = t1 & 2
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
BSE Sensex Ending Diagonal CAUTION!Attached: Sensex Daily Chart as of 19th June 2023
The Ending Diagonal is more evident and clean in BSE Sensex rather than NSE Nifty 50 (although you can observe in Nifty as well), which is why I have chosen to share the Sensex Chart
Observe:
- A well defined trend line with multiple touch points
- Presence of a Bearish RSI Divergence
- Daily MACD already in Sell mode
All that is needed is break of Today's Low and a Close below it (which would also give the Trend Line breakdown simultaneously) and then that would activate the Ending Diagonal/ Rising Wedge Breakdown
The First Downside Target for this pattern would be point b which comes to 62380🎯📉
IGL: Bullish Falling Wedge Pattern IGL has constructed a falling wedge on the 1-day chart in which it has made continuous lower lows and lower highs.
The trend can change from bearish to bullish after the breakout of the resistance trendline. Buyers can expect a bullish move with the following targets: 483 & 504 . IGL Is Bearish below 458 .
Buyers have to break and stay above 504 to increase demand pressure.
Note: Do your own research / discuss it with your advisor
1 Good swing trading idea for 27 june markets I daily make educational content videos for swing / positional trading
lil wedge on #Nifty50This wedge is creating a possibility that nifty will make another attempt at 19k and if that fails will go back to 18500
Nifty Bank nifty Trade setup Monday Nifty Bank nifty Trade setup
bank nifty Support -43875
Support -43200
42800
trend negative any gap down should have follow up in bank nifty
BITCOIN at Rising Wedge in BearishZoneBITCOIN 1-hr. Chart Analysis
As per present Scenario in BTC, its moving perfectly into Rising Wedge Pattern. So, it will be try once again a Uptrend cycle up to $31,950 and reverse back very fast into Downtrend cycle up to next 48 hrs. maximum.
While, as per FIB extension, BTC chart displays every retracement of down cycle towards FWB:27K
Always #DYOR before invest in Crypto
Trader's always use #StopLoss at this situation
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nifty near all time high but ...nifty cmp 18226
yesterday made 18864.70
previous all time high 18887.60
what next ?
technical setup :
rising wedge pattern
stochastic rsi at 100 weekly
highly overbought index
perfect rising wedge pattern in weekly setup with price near trend line resistance .
weekly stochastic rsi at 100 is indicating highly overbought indication too
its good setup to sell with minimum stop loss above trend line close
targets given are bold but as per pattern trade with minimal stop loss & to contra trade against over bullish sentiments , this technical can deliver
happy trading
trade set up :
weekly
sell in zone 18880 to 18920
keeping 19050 as closing basis stop loss
positional
sell in zone 1880 to 18950
keeping 19235 as closing basis stop loss
targets : 18535 / 18305 / 18045 / 17863 / 17553
BANKNIFTY -1H | NEXT EXPIRY VIEW?Hello Traders, Welcome to Oneshot Traders!
BankNifty given good movement as we expected and made good profit in today's expiry trades.
Now, What Next?
As BankNifty still holds the support level 43400, I Have 2 Interpretations in my mind for next movement in banknifty.
1. The pattern looks like a HEAD AND SHOULDER PATTERN. To complete this pattern it should break the 43400 level to complete this Pattern.
2. Forming a FALLING WEDGE PATTERN. Here also the same, the price should move down to the support 43400 level and reverse with a bullish candle in higher timeframe.
My Both setups are shown in the chart.
Now you may understand that this analysis is not just for next immediate move. So, please be stay tuned here and click on follow button . Receive further updates directly to your mail when we update here.
Thank you,
Happy Trading...
Infy - wedge popLong - cmp
sl - below 1290
large cap IT names have underperformed and consolidated for a while,
in a strong bull market, sector rotations occur often from extended sectors to underperforming ones
Big Buy in ETHETH has given breakout of falling wedge in Daily Time frame . Emtry SL target given in chart
Get ready for BTC breakout BTC - After bouncing from 25000$ Trendline support and horizontal support zone, it is testing falling wedge (upper yellow Trendline) . Keep an eye on falling wedge breakout and retest.
Entry, SL, Target given in chart
Thanks
BANKNIFTY -1H | What Next?𝗛𝗲𝗹𝗹𝗼 𝗧𝗿𝗮𝗱𝗲𝗿𝘀, 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗢𝗻𝗲𝘀𝗵𝗼𝘁 𝗧𝗿𝗮𝗱𝗲𝗿𝘀!
BankNifty given good movement to our levels posted yesterday. Made good profit in today's trades.
𝗡𝗼𝘄, 𝗪𝗵𝗮𝘁 𝗡𝗲𝘅𝘁?
As BankNifty moving to our previous supply zone (43912 - 43976).
Here are the both side Important Levels:
RESISTANCE: 43976 | Reversal Zone: 43926-44100
SUPPORT: 43815, 43700, 43500
As per open interest Biggest resistance at 44000 and biggest support at 43500
I'm still stick to my previous 3 Interpretations which I posting from Monday. Check my previous posts.
𝟭. The pattern looks like its going to form a 𝗛𝗘𝗔𝗗 𝗔𝗡𝗗 𝗦𝗛𝗢𝗨𝗟𝗗𝗘𝗥 𝗣𝗔𝗧𝗧𝗘𝗥𝗡. To complete this pattern it should move up to the 44000 level and then have to reverse.
𝟮. Forming a 𝗙𝗔𝗟𝗟𝗜𝗡𝗚 𝗪𝗘𝗗𝗚𝗘 𝗣𝗔𝗧𝗧𝗘𝗥𝗡. Here also the same, the price should move up from the support 43400 level.
𝟯. Putting all these pattern aside, the red zone which I drawn on chart is 𝗙𝗶𝗯𝗼𝗻𝗮𝗰𝗰𝗶 𝗥𝗲𝘁𝗿𝗮𝗰𝗲𝗺𝗲𝗻𝘁 𝗟𝗲𝘃𝗲𝗹. If market moves up and forms a 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗖𝗮𝗻𝗱𝗹𝗲 at this zone, I'll update the targets in below comments after confirmation.
Now you may understand that my previous analysis is still active. So, please be stay tuned here and click on follow button.
𝗧𝗵𝗮𝗻𝗸 𝘆𝗼𝘂,
𝗛𝗮𝗽𝗽𝘆 𝗧𝗿𝗮𝗱𝗶𝗻𝗴...
⚠⚠⚠DISCLAIMER⚠⚠⚠
Please note that trading and investing in the stock market involves risk and may not be suitable for everyone. The information provided in this video is based on my personal experience and educational purpose. You are responsible for your own investment decisions and that I shall not be liable for any direct, indirect, incidental, or consequential damages arising from your reliance on the information provided.
TCS - FutureLooks like the formation of rising wedge chart which means TCS share soon be going down!
Will make short position on breakdown.
NIFTY50 - 1H | RISING WEDGE!!!𝗛𝗲𝗹𝗹𝗼 𝗧𝗿𝗮𝗱𝗲𝗿𝘀, 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗢𝗻𝗲𝘀𝗵𝗼𝘁 𝗧𝗿𝗮𝗱𝗲𝗿𝘀!
I'm waiting for this day from long time, I feel it's time NIFTY50 Formed a Rising Wedge Pattern In Higher Time Frames. But, Its not confirmed at.
Here the Important levels which decides nifty50 for coming days.
If Market moves ABOVE 18798 it is still in buying zone and the Target is 18879
If market breaks 18719 and trades below it we can confirm the break down from rising wedge and can go for selling. Targets for selling side are 18672, 18627, 18556.
Before Taking any positions observe our chart and take decisions if your own analysis also supporting our levels.
This Analysis is not just for one 1 day, Its our overall opinion on Nifty50. We'll update this analysis in live market please be stay tuned here by following us.
Thank you,
Happy Trading...
Get ready for BTC pumpBTC -after bouncing from 25000$ Trendline and horizontal support zone, keep an eye on Falling wedge (upper yellow Trendline)
Entry can be taken buy side Once breakout and retest is done as shown in chart
APT moves in FALLING Wedge PatternAPT 1-day Chart Analysis
As per daily basis chart Analysis of APTOS is moving into Falling Wedge Pattern, from January after launching of this Token, means continue in Downtrend, but as par falling wedge bullish signals, after July it will be start moving again in Bullish mode, before that it will goes under Bearish Zone in July with Last Lower-Low Cut-off point at $3.8 to $4.2 approx.
Always #DYOR before investing in Crypto.
Trade Wisely with using of #StopLoss always.
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