Falling Wedge
IOLCP SHORT TERM ANALYSISGuys entry possible but high risky.
no entry @cmp
no entry @cmp
no entry @cmp
enter only if u get clear reversal.
other wise can see a good fall in the stock.
like i said it's just a beginning of something..maybe a good fall..or a sharp recovery
short term
enter if possible @ 580-550 range
strict sl 500
trgt 800-900-1000-1200 ++
once again guys strick sl @500
if the stock reject from current level or betweeen 580-90 range
it will hit 800++ sooon
Angel broking falling wedge pattern breakout Angel broking Ltd
Falling wedge pattern is formed and going to break-up which indicates the bullish sentiment !
Buying : after breakout and upper closing near about 345 area
Stop loss : no need
Targets : 357,374,407
ETH repeating history!!things are going the same as we discussed in our last eth chart.
now there are high chances of jumping price from bottom support to 1500 $ if eth continues this trend
ps: please keep looking at charts and check for breakouts to make max profit
ps:I'm not a financial adviser your trade your risk
jai hind
team cph
Drreddy | Bullish Parallel Channel & Falling Wedge 🎯-----------------------🙏🙏NAMASKAR 🙏🙏-----------------------------
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⭕ Day Trading opportunity ! min Chart Alert !!! ⭕
--Buy above =5126 or CMP
--Target = 5594
--Stop-loss = 4926
--Lot Size = 125
--R:R = 2.35
--Expected Profit = 58,000 ₹ per lot ( 9.14% )
--Expected Holding = 10-20 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) stock is moving on Bullish parallel channel
2) falling wedge pattern breakout
3) resistance breakout with volume & candlestick pattern
4) multi time frame analysis is bullish
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
M&MFIN | Hopefully it will breakout this time - 35%M&MFIN | Hopefully it will breakout this time. Well respected the channel / wedge for the last 39 months, 168 weeks.
CMP : 185 (Dip till 175)
SL : 165
Target : 245
Safe player can enter after the breakout above the channel at 200+
Observation : Channel only broken and excess fall happened during corona crash , that has been recovered and well settled into the nest again. Now the nest is maturing hence time to fly. The conviction for me is it has some support / area of value at this price (Green support)
NBVENTURES | Strong RSI divergence,falling wedge can give us 25%NBVENTURES | Strong RSI divergence (Lower time frames), oversold in Daily time frame. Bounce and breakout from the falling wedge can give us
25%
CMP : 47.50 (Ideal to enter @ 46.50)
SL : 44
Target : 58 or exit near the trendline as it is getting narrow.
Almost 1:6+ risk reward setup
P.S : Trade with very lite position size as the volume history is not stable in this script.
Tata Motor Dvr Technical Analysis .Hello friends , Today i have the technical chart Of Tata Motor Dvr Technical Analysis . Friends as you can see here that it is making Double Top chart pattern which means it can go down and it is down . You can take its Stoploss at 61 Rs and Neck line at 57.10 Rs Its target you can take is at 46.60 Rs as shown in the picture and I have also shown that it can come once to the trend line and take resistance and then can go down . You can see there that the upward " Movement " of the stock Due to the chart pattern " Falling wedge " You can also see the " Decline and Weakness in The Volume " which is now in the " Double Top " and before if you see the volume it was very strong and going upward but now i think it can go down . Thank You . If you like this Idea and this Analysis just please like this idea and leave a comment i will surely try to improve it or if you have any doubt related to this you can write in the comment. Bye Bye .
Hero Motocorp ltd: AnalysisHero Motocorp is trading at breakout levels of 2890.20 in 1 hourly time frame, their is a high possibility of breaking out of this stock.
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Reason to buy for a weekly position:
1) Trend-line in the daily time frame is broken.
2) Triangular pattern breakout.
3) Upward momentum with good volume.
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Wait for price action then trade, current view bullish. Retracement Entry is suggested.
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Stoploss must be below swing low in hourly time frame or below the trend line i.e 2839.45.
The Falling Wedge Proves Itself Again | Bitcoin In my previous analysis I talked about The falling channel Bitcoin was in. However when I took another look at it, it looked more like a falling wedge. This does not make any difference in the outcome of the price but this shows that TA can be subjective. But that is not what I wanted to talk about.
Falling wedges and channels are my favorite bullish trade setups for any asset and it shows again. The setup is as follows:
1: We spot a falling wedge or channel preferibly on the daily timeframe or higher.
2: The price start going sideways at the bottom of the channel or wedge. This is where you want to buy. Look for a bullish divergence on the rsi on the hourly or maybe even the 15 min chart for an even better setup.
3: Set a stop-loss in case the price breaks support.
4: ?
5: profit
On this chart we can see 2 horizontal white lines above the current price. These are the price targets for this setup.