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
Falling Wedge
NIFTY 50FALLING WEDGE PATTERN
I AM NOT SEBI REGISTERED ANALYST BEFORE TAKEN ANY ACTION PLEASE CONSULT YOUR FINANCIAL ADVISOR. THIS CHART SHARE ONLY FOR EDUCATIONAL AND INFORMATIONAL PURPOSE.
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 !
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👍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.
Long opportunity for quick scalpFalling wedge breakout and quarterly results
Buy on pullback around 677
Target 1: 787
Target 2: 852
Profit potential of around 15% to 25%
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.
ETH/USDTEth/Usdt forming falling wedge in 1hr. If we break the wedge successfully than our next target would be around 400$-415$.
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.
Long BHEL Risky One as from 2010 it was in downtrend but the positive point is very heavy buying volume .
Buy from current price 39.20 (aggressive)
@42.50 (save entry)
SL 34.50
Target 60/80/90/100/120+
Trade duration 6 Months
COMPBTC Falling WedgeCOMP/BTC forming falling wedge on 4H TF,
Major Support : 0.0135,
10% Profit With RR Ratio Of 1.33
CELR | BTCFalling wedge! Bullish engulfing
Expecting a breakout here after this consolidation period, buy a bag here because there might not be a retest (not happened for CELR). The price will shoot up drastically and also this is a very good week for alts as the BTC is in consolidation phase, Will keep Sl if BTC crosses 12240 range.
Buying at 100
For now, the targets will we
Target 1 : 120
Target 2 : 140
Target 3 : 150
Target 4 : 160
Watch out BHRTIARTLBharti Airtel Ltd, has been trading near the lower band of falling wedge(Support) pattern. If the stock, breaks the resistance line of the pattern, with good volume, a potential up move is implied.
Zeel falling wedge possible positional move Zeel forming falling wedge on daily chart. Everything mentioned on chart. Possible entry after wedge breakout with volume confirmation.
This is my personal view , trade as per your own analysis risk reward.
PAGEIND Pageind retraced from golden ratio and also has falling wedge which confirms a very sharp upward movement. targets on chart
GBPJPY, Weekly analysis, July 20-24Dear traders,
Have a great trading week ahead,
Pound against Japanese yen, have been trading sideways in day chart and in 4 hr chart its trading in falling wedge pattern, previous resistance zone between 133.750 to 134.150 area now act as a support zone , this week price expects to favour bullish moves upto 136 from technical perspective..when fundamentals supports the price action
Note- Predictions based on price action ..and for educational purposes..
HINDPETRO BOMaking falling wedge pattern
Might give a Break Out
Long Entry Possible
Just For learning purpose
