Falling Wedge
#SBIN - CMP 370.65. TECHNICALLY IT IS A BREAKOUT STOCK.
#SBIN - CMP 370.65. TECHNICALLY IT IS A BREAKOUT STOCK.
MADE GAP FILLING AND FALLING WEDGE BREAKOUT RETRACE OF RECENT SWING 50% CORRECTION.
GOOD SUPPORT NEAR 360-358. PRICE CAN GO FORWARD TILL 385-395-410-425 AND WEAK BELOW 354 CLOSING.
IT IS ALWAYS BETTER TO BUY NEAR 367-369 POTENTIAL RETURN IN NEAR TERM. 👇🏻
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
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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 !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍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.