Breakout_Spotter

Breakout_Spotter

Nifty is testing a key support level, the same zone from which it bounced back on January 27. While a short-term upward movement is possible, this should not be mistaken for a bullish reversal. 🔹 The overall structure remains weak as Nifty has been forming lower lows since September 2024. Given this uncertainty, fresh long positions should be avoided until a...

Breakout_Spotter

Since September, silver futures have been consolidating, indicating a period of price stability and indecision among traders. As of today, January 30, 2025, the market has experienced a breakout from the established trendline, signaling a potential shift in momentum. This breakout could suggest renewed buying interest and the possibility of upward price movement,...

Breakout_Spotter Updated 

Nifty breakdown both green and black color trendline in day time frame. Next strong support zone is 21800 which is marked in orange line.

Breakout_Spotter

A broadening wedge pattern has formed, and Nifty has recently tested the upper resistance before retracing toward the lower support line. Today’s session is marked by significant volatility. We can anticipate the price either retesting the upper boundary or continuing to consolidate near the support line throughout the day.

Breakout_Spotter

The price has been consolidating since October 2023, with the ₹148 level establishing itself as a strong support zone. All previous reversals from this support, highlighted with green arrows, indicate its significance. Last week, the price formed a bullish engulfing pattern on the weekly timeframe, confirming buying momentum. This setup presents an excellent swing...

Breakout_Spotter

The 324 level, which previously acted as a strong resistance since 2019, is now serving as a solid support, as indicated by the price holding above the orange trendline. On the daily timeframe, the price has successfully broken out of the triangle pattern. Additionally, the previous week's bullish engulfing candle on the weekly timeframe further supports the...

Breakout_Spotter

A short triangle pattern has been forming since October 2024, and today it broke out decisively with a strong bullish engulfing candle on the daily timeframe. Additionally, a morning star candlestick pattern is evident on the weekly timeframe, reinforcing the bullish outlook.

Breakout_Spotter

The price has been consolidating since 2022 and is currently trading near a key support level around the 110 range. Previous pullbacks near this support level, as indicated by the green arrows, have shown significant reversals. Currently, a morning star candlestick pattern is forming near the support zone, suggesting potential bullish momentum. However,...

Breakout_Spotter

Bitcoin price breakout the orange color trendline and it formed morning star like candle structure at 4 hour timeframe.

Breakout_Spotter

View : Bullish Entry Zone- 120 - 100 Exit Zone - Based on Trader mindset. Stoploss : Close below 83 Trading Edge: Price action Risk/Reward Ratio: 1:2 Timeframe: Weekly Notes: Price consolidate since March 2024 and now it breakout the triangle pattern and trendline with good volume. Only problem in this stock is it might go into circuit based on its past. Low...

Breakout_Spotter

Stock is in RADAR since previous year but the stock consolidated for a long period and now breakout happen. 1. Price Consolidate since 2021. 2. In Weekly and Daily Time frame, breakout looks solid and we can expect good returns in long term. Chart is self explanatory.

Breakout_Spotter

View : Bullish Entry Zone- 240- 200 (Trend line breakout falling wedge) Exit Zone - Based on Trader mindset. Exit 1 - 270 Exit 2- 307 Exit 3 - 350 Stoploss : Close below 190 Trading Edge: Price action and CPR Timeframe: Daily and Weekly Notes: Trendline breakout of falling wedge pattern. Price consolidates since Feb 2023.

Breakout_Spotter

View : Bullish Entry Zone- 3212 to 3186 Exit Zone - Based on Trader mindset. Exit 1 - 3266 Exit 2- 3334 Stoploss : Close below 3180 Trading Edge: Price action Risk/Reward Ratio: 1:2 or more Timeframe: Daily * This is not a trading recommendation, for educational purposes only

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Breakout_Spotter

View : Bullish Entry Zone- 700- 650 Exit - 760 above Stoploss : Close below 630 Risk/Reward Ratio: 1:1 Timeframe: Daily and Weekly Notes: The trendline has broken out of the triangle, and the price is now above the narrow monthly CPR. The price has been consolidating since May 2023. * This is not a trading recommendation, for educational purposes only

Breakout_Spotter

View : Bullish Entry Zone- 2860- 2800 (Trend line breakout) Exit Zone - Based on Trader mindset. Exit 1 - 2935 Exit 2- 3050 Exit 3 - 3300 Stoploss : Close below 2750 Timeframe: Daily Notes: Trednline break out the Falling wedge pattern. Price consolidates since May 2024.

Breakout_Spotter

In silver futures, 88,800 has been acting as a support level since December 23. Currently, the price is near this support line and hovering around the Weekly CPR (blue dotted lines). Silver can be considered for intraday trading now, with a stop-loss below the blue line or 88,600.

Breakout_Spotter

A breakout in the pennant pattern has occurred today on the 15-minute timeframe. We can enter the stock now with a stop-loss at 213 or 212.

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Breakout_Spotter

The price is respecting the support line around the 962 range, which has been in place since November 29, 2024. We can enter this stock with a stop loss at 959. Stock is suitable only for Very short term trade.