WealthKraft

WealthKraft Updated 

I. Long entry reason: 1. Breakout from Key Resistance BTC had closed above the previous resistance zone (~84,500-84,800), signaling strength. The breakout candle had a good body-to-wick ratio, meaning strong buying momentum. 2. Higher Lows Formation Before the entry candle, BTC made a higher low (~83,759), confirming bullish structure. This showed that...

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1. Price Action & Trend Analysis The NIFTY Futures has been in a strong downtrend since October 2024, with lower highs and lower lows. A black downward trendline is clearly acting as a dynamic resistance, rejecting price multiple times. 2. Gann Fan Analysis: The Gann fan lines are visible, providing different angles of support and resistance. The...

WealthKraft Updated 

NSE:LT A bullish pennant has been identified on LT. It is a pattern that appears after a strong upward price movement, which shows that the bullish trend is likely to continue. This pattern is characterised by a brief consolidation period, where the price moves within converging trendlines that form a small symmetrical triangle, resembling a pennant. ...

WealthKraft Updated 

BITSTAMP:BTCUSD Consider entering a long position once the price breaks above the high of the green candle, indicating a potential upward momentum. Place the stop loss (SL) at the recent swing low for risk management. Target Levels: Target 1: 63,927 Target 2: 64,749 This trade setup aligns with the breakout from a falling wedge pattern, which is a...

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A rising wedge pattern has been identified on the daily timeframe for the stock. Traders should wait for the trend line to be breached. Once it is broken, set a stop loss at the swing high and use a trailing stop loss. The three targets are based on the stock's immediate support levels. Note - Please consult your financial advisor before engaging in trading...

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NSE:HINDUNILVR HINDUNILVR has created Inverted Head and Shoulders as well as a Cup and Handle pattern. For both we measure the dept of its head and cup to mark its short term target as it is on day time frame which could yield a short term gain if the neckline is broken. Note - This is for educational purpose, in case you want to trade kindly consult...

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The stock has made a perfect Head and Shoulders chart pattern, if it breaks its neck;ine and support zones then a downfall and good correction can be seen