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NAZARA - Breakout from Long-Term Falling Wedge📊 NAZARA – Breakout from Long-Term Falling Wedge | Strong Weekly Momentum 🕰️ Timeframe: Weekly | 💥 Pattern: Falling Wedge Breakout | 🔥 Sentiment: Bullish 📈 Chart Overview: Nazara Technologies has broken out of a multi-year falling wedge on the weekly chart, with a strong green candle above key EMAs and Fibonacci confluence zones. Price closed the week above ₹1,100, indicating a shift in long-term momentum and a potential start of a fresh uptrend. 🔍 Technical Highlights: 📉 Falling Wedge Pattern: Multi-year consolidation now broken on strong volume 💥 Breakout Candle: Price closed above trendline resistance and key Fibonacci 50% level 🧠 Volume Surge: Volume confirmation signals institutional interest 📊 EMA Confluence: Price trading above 20/50/100/200 EMAs – bullish alignment 🧱 Support & Resistance Levels: Level Type Price (₹) 🔼 Resistance 1 1,219.25 (Fib 61.8%) 🔼 Resistance 2 1,678.00 (Previous ATH / Fib 100%) 🔻 Support 1 1,077.55 (Fib 50% – breakout zone) 🔻 Support 2 935.85 (Fib 38.2% + EMA cluster) 🔻 Support 3 820–860 (multi-touch horizontal support & EMA 200) 🔧 Indicators Used: Fibonacci Retracement – Plotted from swing low ₹477.10 to high ₹1,678.00 EMA 20/50/100/200 – Price is now above all EMAs, showing trend shift Volume Bars – Confirming strong breakout Chart Pattern – Falling wedge (typically bullish) 📌 Chart Sentiment & Setup: ✅ Bias: Strongly Bullish 📍 Breakout Level: ₹1,077 🎯 Upside Targets: ₹1,219 → ₹1,320 → ₹1,678 ❌ Invalidation: Sustained close below ₹935 with volume 📢 Summary: Nazara is showing signs of a structural breakout after prolonged downtrend and consolidation. The falling wedge breakout, confirmed by volume and EMA crossover, sets up a long-term bullish outlook. A retest of the ₹1,075–₹1,100 zone could offer a high-probability entry. 🧠 Pro Tip: Wait for a weekly candle close and minor pullback to the breakout level before entry. ⚠️ Disclaimer: This is a technical analysis post meant for educational purposes only. Please do your own research or consult a financial advisor before investing. 🔔 Follow @PriceAction_Pulse for more actionable swing setups, breakout alerts, and chart breakdowns!
NSE:NAZARALong
by PriceAction_Pulse
UNION BANK OF INDIA – TECHNICAL ANALYSISUnion Bank just flashed a powerful confluence of 3 bullish patterns and smart money could already be moving in. Let’s break it down simply, but sharply 1. Falling Wedge Breakout (Aug ‘24 – Feb ‘25) Falling Wedge is one of the strongest bullish reversal signals in technical analysis. ✔️ Price kept dipping but volume dropped — a sign of seller exhaustion. ✔️ It broke out with power in Feb, confirming buyers are gaining control. 2. Inverse Head & Shoulders (Smart Money Footprint) This classic bottoming pattern shows how institutions trap retail: Left Shoulder: ₹113 Head: ₹103 Right Shoulder: ₹116 Neckline breakout: ₹130 The breakout signals the start of a new uptrend. smart money behavior. 3. Symmetrical Triangle (Mar–May 2025) After the breakout, price consolidated in a triangle squeezing between bulls and bears. Last week? Boom. Breakout confirmed and volume backed it up. This is volatility contraction expansion in motion. Momentum incoming. Targets Based on Pattern Math: Triangle Target ₹148 Head & Shoulders Target ₹157 Full Wedge Reversal Target ₹172+ This setup isn’t just about price. It’s about psychology, positioning & timing. The market is showing its hand — now it’s your move. Smart money already played the game. Retail is still watching? Like it? Share it. Save it. Don’t miss it.
NSE:UNIONBANKLong
by iVishalPal
Strides Pharma - Volumes Backing a Breakout?Daily Timeframe Analysis The setup is heating up and now we’ve got volume profile data to back it. The price is hovering around ₹666.10, and it looks like it's building strength for a bigger move. 🔹 Key Observations: Price is compressing under a falling trendline (descending triangle or wedge). Strong volume node around the ₹650–₹675 zone. This means a lot of trading activity happened here — a key decision area. Fibonacci projections suggest targets as high as ₹984.00, which is a +40% upside. Breakout confirmation above ₹692.75 (61.8% level) can trigger a rally. 🔹 Important Levels: 📍 Resistance: ₹692.75 → ₹741.65 → ₹804.00 → ₹984.00 📉 Support: ₹624.00 → ₹581.50 → ₹530.00 → ₹515.20 📊 Volume Insight: The visible range volume profile shows most trading volume has happened below the current price, which is bullish. If the price breaks above the current squeeze, it might fly with less resistance overhead. 🧠 Thought: This chart is a coiled spring. If bulls push above ₹692 with momentum, this might become a quick swing to ₹740+, and maybe more in the short to medium term. 📝 #StridesPharma #BreakoutSetup #VolumeProfile #SwingTrade #IndianStocks
NSE:STARLong
by iVishalPal
Time Technoplast – Compression Before Expansion?Chart Pattern Combo: 🔻 Falling Wedge inside 🔺 Symmetrical Triangle CMP: ₹344 | Target: ₹493 (43% Upside) 📈 What’s Happening? This setup is a classic case of pattern convergence — where price action + psychology meet: 🔹 Symmetrical Triangle → Signals price is coiling and preparing for a breakout 🔹 Falling Wedge Breakout → A bullish reversal pattern, already active 🔹 Strong Bounce from demand zone ₹303–₹307 confirms buyer interest 🔹 Immediate resistance at ₹352 — a breakout above this could trigger fast upside 🔍 Smart Money Clues: Institutions love to accumulate in silence — this double-pattern setup signals exactly that: Consolidation = accumulation Volume drying up during downtrend = typical of wedge Sharp upside candle = ignition point 🎯 Trade Plan: Breakout Confirmation: Above ₹352 Entry Zone: ₹340–₹352 (aggressive), ₹307–₹320 (if retest happens) Target 1: ₹420 Target 2: ₹493 Stop Loss: Below ₹303 (daily close) What do you think — is this about to explode out of compression? Comment your view 👇🔥 #TimeTechnoplast #TechnicalAnalysis #FallingWedge #BreakoutStocks #SymmetricalTriangle #ChartSetup #PositionalTrading #PriceAction
NSE:TIMETECHNOLong
by iVishalPal
Garden Reach Shipbuilders (GRSE) Bullish Inv HnS BO with volumeThanks for sharing the chart of **Garden Reach Shipbuilders (GRSE)**. Strong **bullish setup** supported by two technical patterns: 1. **Falling Wedge Pattern (Breakout)** – A classic bullish reversal pattern, and it has broken out with strong volume. 2. **Inverted Head and Shoulders** – Another bullish reversal formation that also broke out around ₹1,730–₹1,750 zone, confirmed with high volume. ### Key Highlights: - **Breakout Confirmation**: Price closed at ₹1,957.80, up **+11.90%**, with strong volume (17.64M). - **Targets**: Based on pattern projections, potential target zones are: - ₹2,354.10 (Inverted H&S breakout) - ₹2,833.80 (Falling wedge pattern breakout) - **Support Zone**: ₹1,730 acts as a strong support now (previous resistance). This confluence of two bullish patterns with a volume spike significantly increases the probability of continued upward momentum.
NSE:GRSELong
by DailyCharts03
Real Success Rates of the Falling Wedge in TradingReal Success Rates of the Falling Wedge in Trading The falling wedge is a chart pattern highly valued by traders for its potential for bullish reversals after a bearish or consolidation phase. Its effectiveness has been extensively studied and documented by various technical analysts and leading authors. Key Statistics Bullish Exit: In 82% of cases, the exit from the falling wedge is upward, making it one of the most reliable patterns for anticipating a positive reversal. Price Target Achieved: The pattern's theoretical target (calculated by plotting the height of the wedge at the breakout point) is achieved in approximately 63% to 88% of cases, depending on the source, demonstrating a high success rate for profit-taking. Trend Reversal: In 55% to 68% of cases, the falling wedge acts as a reversal pattern, signaling the end of a downtrend and the beginning of a new bullish phase. Pullback: After the breakout, a pullback (return to the resistance line) occurs in approximately 53% to 56% of cases, which can provide a second entry opportunity but tends to reduce the pattern's overall performance. False Breakouts: False exits represent between 10% and 27% of cases. However, a false bullish breakout only results in a true bearish breakout in 3% of cases, making the bullish signal particularly robust. Performance and Context Bull Market: The pattern performs particularly well when it appears during a corrective phase of an uptrend, with a profit target reached in 70% of cases within three months. Gain Potential: The maximum gain potential can reach 32% in half of cases during a bullish breakout, according to statistical studies on equity markets. Formation Time: The wider the wedge and the steeper the trend lines, the faster and more violent the post-breakout upward movement will be. Comparative Summary of Success Rates: Criteria Rate ..........................................Observed Frequency Bullish Exit ........................................................82% Price Target Achieved ........................................63% to 88% Reversal Pattern ..............................................55% to 68% Pullback After Breakout .....................................53% to 56% False Breakouts (False Exits) ...............................10% to 27% Bullish False Breakouts Leading to a Downside ..............3% Points of Attention The falling wedge is a rare and difficult pattern to correctly identify, requiring at least five contact points to be valid. Performance is best when the breakout occurs around 60% of the pattern's length and when volume increases at the time of the breakout. Pullbacks, although frequent, tend to weaken the initial bullish momentum. Conclusion The falling wedge has a remarkable success rate, with more than 8 out of 10 cases resulting in a bullish exit and a price target being reached in the majority of cases. However, it remains essential to validate the pattern with other technical signals (volume, momentum) and to remain vigilant against false breakouts, even if their rate is relatively low. When mastered, this pattern proves to be a valuable tool for traders looking for optimized entry points on bullish reversals.
COINBASE:BTCUSDEducation
by Le-Loup-de-Zurich
Anant Raj Ltd: Reversal in Sight with Strong Fundamentals🏢 Company Overview Anant Raj Ltd is a leading real estate developer in India, focused on residential, commercial, and industrial infrastructure projects, primarily in the NCR. The company has consistently demonstrated strong execution, strategic land holdings, and diversified income streams. 📊 Fundamental Snapshot (FY 2023–24) ✅ Revenue & Profitability Revenue: ₹1,961.91 Cr (+55% YoY) Net Profit: ₹385.23 Cr (+72.65% YoY) EPS: ₹11.27 (+68.29% YoY) Operating Margin: 64.24% Net Profit Margin: 19.64% ✅ Balance Sheet Highlights Net Worth: ₹3,404.38 Cr (+23.3% YoY) Total Assets: ₹4,051.55 Cr Debt-to-Equity: 0.17 (down from 0.37) Current Ratio: 5.38 ✅ Financial Ratios ROE: 7.27% ROA: 3.26% Interest Coverage: 10.11 P/E: 43.53 P/B: 4.65 🧭 Technical Analysis Overview 📌 Price Action & Pattern Formation Anant Raj Ltd made an All-Time High (ATH) of ₹947.90 on January 8, 2025. Since then, the stock rejected 60.32% from its peak, confirming a low at ₹376.15 on April 7, 2025. The price structure has framed a Falling Wedge Pattern, a bullish reversal formation. Price tested the monthly demand zone between ₹319.15 – ₹429.70, indicating strong buyer interest and a potential bottom. 🔁 Reversal Zones Confirmed Reversal Zone: ₹412.60 – ₹443.00 Price reacted positively from this area, aligning with both technical support and fundamental stability. 🔼 Resistance & Breakout Levels Daily Supply Zone: Price has now reached this overhead zone, which may lead to short-term consolidation. Breakout Confirmation: A daily/weekly close above ₹605 is key to validate a trend reversal and breakout from the falling wedge. 🎯 Resistance Targets R1: ₹718 R2: ₹820 R3: ₹990 💡 Investment Takeaway Why it’s attractive now: Strong fundamentals with improved profitability and reduced debt. Price reversal from a key demand zone, forming a bullish wedge pattern. Technically poised for a breakout if it sustains above ₹605. Disclaimer: lnkd.in
NSE:ANANTRAJ
by ALICEBLUE
KRBL LTS- Falling Wedge Breakout | Trend Reversal Signal Ahead?KRBL LTD – Falling Wedge Breakout 💥 | Trend Reversal Signal Ahead? 📅 Published on: April 17, 2025 📈 Technical Analysis: KRBL has shown a bullish breakout from a long-term falling wedge pattern on the daily chart — a classic reversal pattern signalling a potential upward move after prolonged consolidation. The breakout candle is supported by strong volume and a bullish RSI setup. Pattern: Falling Wedge (Bullish) Breakout Price: ₹306.60 Previous Resistance Line: Now acting as support Breakout Volume: 1.45M (above average) 🧭 Key Support & Resistance Levels: Immediate Support: ₹290 Major Support: ₹275 Immediate Resistance: ₹315 Next Resistance Zone: ₹330 – ₹345 Trendline Resistance (Broken): ₹300 (now support) 🔍 Indicators: RSI (Relative Strength Index): Current RSI: 66.39 — bullish, nearing overbought zone, shows strong momentum. RSI Bullish Crossover observed in April, indicating accumulation before breakout. 🧠 Price Action Observations: Price respected the wedge formation since March 2024. A strong bullish candle broke above the upper wedge with conviction. RSI confirms strength, aligning with price action breakout. Volume surge supports the breakout's validity. 📌 Strategy (For Educational Purposes): Entry: ₹305–310 (on retest) Stop Loss: ₹285 (below wedge support) Targets: ₹330 ₹345 ₹360+ 📊 Visual Markings & Icons: White Trendlines: Highlighting falling wedge support and resistance. Bullish RSI Tags: Marking key bullish RSI crossovers. Volume Spikes: Notable on breakout day. Breakout Candle: Large green candle breaching the upper wedge line. ⚠️ Disclaimer: This analysis is for educational and informational purposes only. Please consult your financial advisor before making any trading decisions.
NSE:KRBLLong
by PriceAction_Pulse
Sky Gold’s Breakout: Falling Wedge Pattern Points to Big Upside!Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock name with Sky Gold & Diamonds and it is showing a promising Falling Wedge pattern, and with the breakout above the upper boundary, it’s signaling a potential bullish move ahead. The breakout is supported by a volume surge, which suggests smart money may be entering, reflecting strong market interest. This could be the start of a solid rally. On the fundamental side, Sky Gold has been performing well, with a 51% YoY revenue growth and a 117% jump in net profit for FY2024. The company maintains a solid ROE of 24%, with a manageable debt-to-equity ratio of 1.25, showing strong financial health and good prospects moving forward. For this trade, 351-340 is a good entry range, with a 296 stop loss. I’m targeting 426 , 483 , and the final target of 553 . This setup offers strong upside potential, but as always, make sure to manage your risk and keep an eye on the price action. Let’s see how this one plays out! Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions. If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
NSE:SKYGOLDLong
by TraderRahulPal
UPL Rising wedge analysis. Bullish trap possibleChart analysis:- UPL Broadening wedge pattern This pattern may look bullish, but it has hidden bearish signs:- 1. Buyers' exhausting action. Failing to make new highs and breaking out of the last highs. 2. RSI is showing divergence. Price rising, but RSI is falling. 3. Long wicks on top showing selling pressure. In such a case, we can see a pullback to the lower side of the wedge. On the other hand, if it breaks out of 670, it will test the upper side of the wedge at around the 680- 685sh zone. Buy only if the price breakout is accompanied by a volume candle and RSI breaking the level of 65+ This chart is to analyse the possible trade setup on either side of the breakout of the wedge pattern.
NSE:UPL
by AbsoluteAnalytics
SHRIRAMFIN Swing Trade (14.6%)After forming a Head & Shoulder pattern, retail sellers got trapped and that becomes the liquidity for next up-move from the institutional demand zone. So the trend is up. Recently good liquidity sweep happened which can fuel next up-move in short term. With 1:3 Risk Reward and potential 14.6% up-move. Only if Nifty holds current levels. ie it does not go below 22,700. Otherwise exit this trade. Follow for more such setups, comment your thoughts.
NSE:SHRIRAMFINLong
by gauravxtrades
2
BRIGADE – Falling Wedge at Demand Zone, Waiting for BOSSetup Type: Reversal + Breakout Play | Conviction: Medium-High (Needs Confirmation) Chart Framework: Smart Money + Classic TA BRIGADE is showing signs of a potential trend reversal, but we’re not jumping in yet. Here's what the chart tells us: 🟡 Falling Wedge Formation – A bullish reversal pattern that typically resolves to the upside. 🟢 Tapped into a Strong Order Block – Smart money territory where previous accumulation took place. 🧲 Liquidity Grab Below Prior Lows, but... Volume on Bounce is Weak – Sign of caution. 📢 Analyst Rating: STRONG BUY – Adds institutional bias to the bullish setup. 🔐 No Confirmed Break of Structure Yet – Enter only after a clean breakout above ₹1050. 📈 Trade Plan: Wait for a strong BOS (Break of Structure) and price closing above ₹1050 with volume. Target zone near ₹1440+ aligns with measured move of wedge and previous supply. ⚠️ This is a setup with potential, but it’s not “ready” yet. Don't front-run smart money — let price confirm before jumping in. Risk management is a must.
NSE:BRIGADELong
by Trading_Mentor_Amaan
3
Tata Consumer Prod. - Chart of the WeekNSE:TATACONSUM has a beautiful structure in the Weekly Timeframe that qualifies for my Chart of the Week idea. It saw Decent Volumes this week and closed above its recent swing high, with RSI and MACD Trending Upwards and Closing Above all Major Moving Averages. About: NSE:TATACONSUM is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second-largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other geographies including Canada, the UK, North America, Australia, Europe, the Middle East and Africa. F&O Activity: Significant Shorts are getting covered with 1050 PE OI Increasing Significantly. Trade Setup: It is Forming Like a Falling Wedge, it can test the upper edge and can give a good swing towards 1186-1190 Levels. So buy on Dips Until it closes below the Swing Low, ideally around the Marked Green Levels. Target(Take Profit): Around the Upper Edge of the Falling Wedge. Stop Loss: Swing Low Levels around 950-930. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." 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:TATACONSUMLong
by Karanshah137
2
Rainbow Hospitals - Rising Wedge PatternRainbow Hospitals is making a Rising Wedge Pattern which is a bullish pattern and as per it we can expect Target of 2500+. Other factors: 1. One of the best Pediatric Hospital Chain in India. 2. Fundamentally strong stock with QnQ great results 3. Capacity expansion of 50%+ bed increase with state of art hospital in Gurgaon 4. Acquisition of hospitals in north east & Hyderabad 5. Technically a rising wedge pattern which is a bullish pattern Based on fundamentals & technical analysis this stocks is looking great. Do keep in your radar!! Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price!! Cheers!!!
NSE:RAINBOWLong
by Cleaneasycharts
Mankind Pharma - Breakout out of Falling Wedge PatternMankind Pharma is one of the 4 largest Pharma from domestic market perspective. It has fallen 30% from peak price, but has recently given BO from fallen wedge pattern. This looks a great stock: 1. 4 brands are having top market share and growing 2. First Co. to make oral anti-obesity medicine 3. Acquisition of BSV has made a very strong hold in women healthcare 4. Best YoY results with rising EPS Technically also, Pharma sector looking strong and especially top 5 Indian Pharma Industry companies which includes Mankind Pharma. Keep this in your radar. Keep following @Cleaneasycharts as we prvoide Right Stock at Right Time at Right Price!! Cheers!!
NSE:MANKINDLong
by Cleaneasycharts
1