View on MARUTINSE:MARUTI
As long as price stays below the trend line resistance, It will be bearish...
It will be bullish only after if price break the trend line resistance...
🔴 DISCLAIMER : This is just for educational purpose....
Falling Wedge
TVS Motor - Falling Wedge- Waiting for breakout.. Gap up expected in TVS Motors. expected to test the level of 645
Maruti Suzuki looking good on charts Maruti looking good on charts breaked out of falling wedge by making a good price action currently in a range
Breaking & sustaining above this range , Could take stock further upside
Keep an eye on it
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
Possible Breakout And Rally Ahead !Traders CROMPTON is forming falling or descending channel pattern and the stock has failed to touch the support line of the channel. This is good sign of upward breakout. Enter only if breakout takes place with good volumes.
This is my personal analysis and its just for educational purpose , feel free to share your feedback/views.
M&M long idea - Falling Wedge breakoutIf strong finish above upper TL, can initiate a long position.
#LTC Falling wedge After re-testing the demand zone, LTC has given a breakout from the falling wedge pattern. Buy after re-test or pullback.
Educational purpose only - trade at your own risk.
Good Luck.
Bullish wedge for EURUSD, may 17-21It looks like EURUSD looks very bullish this week with a Bullish rising wedge pattern , expected to go 1.22750 area this week
HDFCAMC Undecisiom momentReason :
1.Global crisis
2. Nifty looking weak
3.Possible for a pattern failure
4.fakeout
5.Avoid taking long for this month(index looking weak )
6.Maybe breakout possible stick with your stop loss(if the breakout happens to wait for a retest is a smart decision)
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
#M&M Falling wedgeIt has formed a falling wedge which is re-testing the trend line exactly at 61.8 FIB level. A breakout will result in an uptrend for the next few weeks.
We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research.
Good Luck.
Cholafin - Falling wedge patternPrice formed falling wedge pattern and it is expected to break on Monday.
BPCL | Expecting falling wedge breakout in smaller time frameBPCL | Expecting falling wedge breakout in smaller time frame
CMP : 419 (Dip 405)
SL : 390
Target : 470
Good risk reward setup
Bluestar - Falling wedge - Trade easy Price forming a falling wedge pattern and it is going to break up very soon.
Larsen And Toubro In the chart of LT, we see a downtrend breakout its looks like a falling wedge reversal pattern . I think we see a 15%-20%of upside in the near term.
Abbot India Falling wedgeAbbott India one of the Portfolio stock was underperformer last many weeks, it has formed falling wedge Pattern on daily chart. Breakout will be good trading opportunity if closes above top trendline and sustains.
(Disclaimer : Study purpose, do your own analysis!)
Falling Wedge Pattern - Expected to give a breakout soonWatch out the chart for multiple bullish confirmations
ITC breakout ITC breakout, is the only FMCG stock that looks very attractive, fundamental and technical are good the stock just breakout from the falling wedge pattern if its cuts day high. We can expect the target of 225, It's a very good stock we can expect 2000++ the coming decade those who are long term investors buy on dips stock and stock also provide good dividend yield so any long term investor buy this stock and hold it
(Buy on dips is the strategy for this stock)
ITC - Falling wedge on supportPrice forming falling wedge pattern and trading on the support to breakout.
M_MFIN Falling wedge at support Price forming falling wedge pattern and it is exactly on the support. Good sign for upside breakout, wait for the break
NIFTY 50 :: Falling Wedge Nifty Index may give breakout of Falling wedge and may continue the upward move::
one can go long once breakout sustained and watch out Fibonacci level .5/.6 level for further upside.
Do follow my page and inbox me for advance intraday levels of Nifty and Bank Nifty.
Disclaimer: I may or may not trade this setup, do your own analysis before initiating any trade.
