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Wedge

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
#UJJIVANSBF .......Mid to long term bullish view NSE:UJJIVANSFB As a Elliott wave practitioner I can say we are in impulsive wave. Currently 4th wave going on which is nearly to end. 4th wave support 40 or in worst case 38 5th wave target could be 72 (if not then previous high) In long term view I can say that a bullish pattern forming Which called " Cup & Handel " pattern Long term price target 110. Stock is providing a good dividend yield of 3.55%. Company is expected to give good quarter Company has delivered good profit growth of 45.0% CAGR over last 5 years.
NSE:UJJIVANSFBLong
by ladesar88
#sbi card.........cmp-709.80NSE:SBICARD My primary view I bullish until it's hold 700-702 level I am assuming that 1st wave completed and 3rd wave going on. Currently we are in 2nd wave (1 of 3rd) which probably end on monday then we started wave 3rd which leads price to 742. Overall if the correction has been completed ( weekly chart suggest ABCDE pattern which is almost end ) then 3rd wave target near 850. Disclaimer- I am sebi registered. This idea only for educational purpose .
NSE:SBICARDLong
by ladesar88
2
Midcap sensing big fallMidcap select index is loosing strength now. if it’s not able to sustain above 12770. The news down level targets are 12150 11600. If not able to defend 11600. Bounces will come but final levels are intact. Next big doors will be opened till 9800 which is 50% fibo retracement since 1 year stiff rise. Will keep updating here. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:NIFTY_MID_SELECTShort
by ashishhc
Buy Nestle India: Bullish Wedge Retest OpportunityTrade Idea: Nestle India recently broke out of a bullish wedge pattern and is now retesting the breakout level. Additionally, the stock has been rejected from the 200 EMA , which adds to the significance of the current setup. Entry Point : Buy at ₹2500 Stop Loss (SL) : ₹2427 Target Price : ₹2890 The setup offers a small stop loss relative to the potential upside, making it an attractive trade. Ensure to manage your risk and stay updated on market conditions. Disclaimer : This trade idea is for educational purposes only. Always conduct your own research and consult with a financial advisor before making any investment decisions.
NSE:NESTLEINDLong
by kausar13n
MOL - TURNAROUND POTENTIAL WITH A FALLING WEDGE BREAKOUTHi All, The idea is about Meghmani Organics ABOUT THE COMPANY Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber. TECHNICALS The stock has been in a falling wedge pattern & has given a breakout. The breakout was sustained & has been testing first level of resistance at 88.65 multiple times. Once it breaks it can move to 93 where next resistance lies Fundamentals Not a good last year but sales/profit showing symptoms of turnaround which is evident in price action Thanks, Stock-n-Shine
NSE:MOLLong
by Stock-n-Shine