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KOLTEPATIL AT DAILY DEMAND ZONEKOLTEPATIL (KOLTE-PATIL DEVELOPMENT) About the company The company has been creating landmarks for over 3 decades and has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of ~20 million square feet across Pune, Mumbai and Bengaluru. Kolte-Patil is a trusted name with an established reputation for high quality standards, design uniqueness and transparency. Stock is at Daily Demand Zone Look At the chart👇👇 Trade Setup- LTP 429 any dip upto 400 can be bought For targets🎯 457 / 483 / 505 / 521++ Above 525 it would be a breakout..... Breakout Targets🎯 555 / 581 / 600 / 625+++ WEEKLY SUPPORT 380---370 Tecnical Analysis... 1) Formation in progress of..Falling Wedge pattern on Daily Charts... 2) Volume addition 3) At good and strong numbers 4) Daily and Weekly Support Regards... Harm⭕️nics4Life 17/07/2024 Disclaimer & Risk Warning I am not sebi registered analyst. My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
NSE:KOLTEPATILLong
by Harmonics4Life
IRFC - Falling Wedge,This chart displays the daily price action of Indian Railway Finance Corporation Limited (IRFC) on the NSE (National Stock Exchange of India). Here’s an analysis based on the chart provided: ### Key Observations: 1. **Descending Wedge Pattern**: - The price action has formed a falling wedge, a bullish reversal pattern. The price has broken out of the wedge, indicating a potential upward move. 2. **Support and Resistance**: - The previous resistance level around ₹193.10, which also acted as support in past, is key. The breakout from the wedge aligns with this level, suggesting a retest of this area. 3. **Volume Analysis**: - There’s been a spike in volume during the breakout, indicating strong buying interest. This adds credibility to the bullish breakout. 4. **Relative Strength Index (RSI)**: - The RSI is near the neutral zone around 49.53, which suggests there’s room for upward momentum before entering overbought territory. The recent uptick in RSI supports the bullish outlook. ### Possible Scenarios: - **Bullish Case**: If the price sustains above the ₹193.10 level, a continuation of the upward trend could lead to further gains, potentially towards previous highs around ₹230. - **Bearish Case**: If the price fails to hold above the wedge breakout level and drops back into the pattern, a retest of lower support levels around ₹165-170 is possible. ### Conclusion: The chart suggests a bullish breakout with potential for further upside, but watching the ₹193.10 resistance level is crucial for confirmation. The RSI and volume are supportive of a bullish scenario, but risk management is important in case of a false breakout.
NSE:IRFC
by brijmohan_h
Are You Ready for a Bullish Surge in REZUSDT?Yello, Paradisers! Could we be on the brink of a significant move in REZUSDT? The chart is setting up for something big, and you don’t want to miss this potential opportunity. 💎REZUSDT has formed a falling wedge pattern, which typically signals an impending bullish move. However, before jumping in, we need confirmation—specifically, a breakout and candle closing above the resistance zone. This will not only confirm the wedge but also validate the W pattern visible on the smaller timeframes, giving us a solid signal for a bullish continuation. 💎But hold up! If we see a pullback instead, watch out for the triple bottom pattern emerging from the support zone. This could offer a strong base for another bullish attempt, so keep an eye on it. 💎On the flip side, if the price breaks down and closes below the support zone, this would invalidate our bullish scenario. In that case, caution is key, as the market might turn against us. Remember, consistency and patience are the keys to long-term success in the crypto market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Is APEUSDT on the Verge of a Major Breakout?Yello, Paradisers! Are we about to witness a bullish breakout in APEUSDT, or could we be heading for a breakdown? 💎APEUSDT is showing bullish signs as it approaches a critical point. It’s currently testing the upper boundary of a descending channel and has formed a W pattern, both of which suggest a potential bullish move on the horizon. 💎However, before we can be confident in a bullish reversal, we need to see a decisive breakout and candle close above the key resistance zone. This would confirm a Change of Character (CHoCH) towards a bullish market structure, solidifying the W pattern and the breakout from the descending channel. 💎On the flip side, if the price experiences a pullback, we might see a bounce from the smaller support zone. Scalping opportunities could be ideal here, but it’s crucial to use tight stop losses (SLs) to manage risk effectively. 💎But beware! If APEUSDT breaks down and closes below the support zone, it would invalidate the bullish patterns we’re monitoring and require us to reassess our strategy. Stay focused, disciplined, and keep your eyes on the charts, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
JIOFIN LTD TURNAROUND NSE:JIOFIN Jio Financial Services Ltd. operates as a non-banking financial company. It offers finance, trading and investment services. The company was founded on July 22, 1999 and is headquartered in Mumbai, India. #JIOFIN Day chart analysis 🧐 🔹Trend: Weekly Trend Up. 🔹Swing :- Forming a retracement 🔹View: Reversal is very likely from the demand zone. 🔹Structure:- Slow PullBack on the day chart now it should build a range for a few more days then resume up move ⚡️ 🟢Entry: Above -340 ♦️RISK:- 305 Day Closing Basis. 🎯Target :- Mentioned on chart 📊 Detailed analysis on chart Study it and mark levels on your chart. Always Use position sizing before entering the trade. Keep learning, Happy trading.
NSE:JIOFINLong
by SANJAYPATIDAR_
1
ALPHUSDT: Is a Major Move on the Horizon? Yello, Paradisers! Are you ready for the next big move in ALPHUSDT? This pair has formed a descending channel, hinting at a potential bullish breakout. But hold on—before we jump in, let's dive into what needs to happen next. 💎For a bullish move to gain traction, we need to see a breakout with a solid candle close above the resistance zone. If this happens, the path could be clear for a rally towards the next resistance levels. 💎If the price pulls back instead, keep an eye on the support zone. A triple bottom pattern could emerge, offering a strong bounce opportunity. 💎On the flip side, if ALPHUSDT breaks down and closes below the support zone, it could invalidate this entire bullish setup. In that case, it's time to rethink our strategy. 🎖 Remember, discipline and patience are key. Stay sharp, Paradisers, and wait for the best opportunities before making your move. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Bankex - Aug 19Price is moving up and forming rising wedge pattern. Double top resistance is at the zone 57900 - 58000. Price should gain bullish strength to break the resistance. Pattern : Rising wedge. Range : Medium. Trend strength : Normal. Buy Above : 57740. Stop Loss : 57640. Targets : 57820, 57900, 57980, 58080 and 58200. Sell below : 57540. Stop Loss : 57620. Targets : 57460 ,57380, 57300, 57180 and 57100. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
BSE:BANK
by vanathi
Is PDAUSDT Gearing Up for a Breakout?Yello, Paradisers! Are we on the brink of a bullish breakout, or is there more risk ahead? 💎PDAUSDT has formed a falling wedge pattern, signaling a potential bullish move ahead. However, we need to see a few confirmations before getting too excited. 💎For the bullish scenario to play out, the price needs to rise from its current level, potentially forming a W pattern. The real confirmation will come when the price breaks out above the resistance zone and closes a candle above it. This would validate both the falling wedge and the W pattern, paving the way for a stronger move upward. 💎While you might be tempted to take scalps near the support zone, be aware that the current market conditions make this approach extremely risky, especially for beginners. I wouldn't recommend it unless you're highly experienced and can manage the risks effectively. 💎On the flip side, if the price breaks down and closes a candle below the support zone, our entire bullish outlook will be invalidated. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Stay focused, patient, and disciplined, Paradisers! 🥂💪 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
1
ATAUSDT: Is a Massive Bullish Reversal on the Horizon?Yello, Paradisers! Are you ready for a potential bullish move on ATAUSDT? Let's break it down! 💎ATAUSDT has formed a falling wedge pattern, a setup known for signaling bullish reversals. While the price has already broken out of this pattern, caution is key due to the current short-term bearish trend across the broader market. 💎Before diving in, it’s wise to wait for a Change of Character (CHoCH) toward a bullish market structure to confirm the move. This could give us the green light for a stronger uptrend. 💎If we see a direct breakout above the resistance zone, it could be a high probability sign. Such a move would suggest a CHoCH on a higher time frame, aligning with a bullish market structure and potentially leading to a significant upward move. 💎On the flip side, if the price breaks down and closes below the demand zone, this would invalidate our bullish outlook, signaling that it’s time to reassess the situation. Remember, Paradisers, patience and discipline are the keys to navigating these market waters successfully. Stay sharp and wait for the right confirmations before making your move. This is how you make it in the winner’s circle! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Mid cap nifty - Aug 12Price is moving up slowly and friday movement was narrow range which formed a small falling wedge. Buy above 12640 with the stop loss of 12600 for the targets 12680, 12720, 12760 and 12800. Sell below 12550 with the stop loss of 12590 for the targets 12510, 12460 and 12420. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:MIDCPNIFTY1!
by vanathi
Nifty at a Glance: This Week's Market MomentumNifty Outlook: A Pivotal Week Ahead Nifty remains weak as we enter a crucial week. The index faces stiff resistance at 24,450. A close above this level could open the door to 24,725, but failure to hold it may trigger a drop. Key support lies at 24,150; breaching this could lead to a decline towards 23,850. Adding to the bearish tone, Nifty has broken down from a Rising Wedge pattern, with a potential target around 21,300. This week is critical—watch these levels closely as the market navigates this pivotal phase.
NSE:NIFTY
by Nimble_Pesos