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 .
Falling Wedge
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
NTPC educational viewNTPC has been steadily falling with average volume falling, meaning that the market makers/smart money are not interested in selling and are waiting for a buying opportunity. Price is near support/accumulation zone and this is where market makers will absorb all the sell order by buying. Falling wedge needs to be broken out for NTPC to move higher.
Target is 100, and after that it may find resistance, due to a psychological level of 100 and a strong resistance/distribution zone.
This is an educational post
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
CENTURY DAILY Falling WedgeBreaks the Falling Wedge Short, Sell for the targets of 222 and 155 keeping stop loss above the wedge
BAJAJ FINANCEConfirm after Fibonacci Retracement and Falling Wedge Breakout.
!! swing trading !!
!! follow 1:3 Risk Reward Ratio and 2% Rule !!
!! please note trade with caution and manage your risk !!
KOTAK BANK FORMING FALLING WEDGE PATTERNYou can clearly see that Kotak Bank forming a falling wedge pattern in an hourly candle, So we might test at the level of around 1130-1145. But in the long run, it will surely boost up.
PVR Falling wedge - 4 hrsHi all,
Now PVR perfectly completed its falling wedge pattern...
Also falling wedge completed Fib level of 3.618 level in swing low to swing...
Expecting uptrend once It will done from the pattern...
Take the trade once break out done...
Target is 1415...
Validity period is 2 weeks to 8 weeks...
Let’s see how it moves....
Awaiting Falling Wedge Breakout - Risk/Reward 1:6Cadila Healthcare is in the uptrend in all time frames. Primary (Monthly), Weekly (Intermediate), and Daily (Short Term).
Trading Plans - An analysis without a proper trading plan is very much useless. It's trading that makes money, not fancy analysis.
Plan - A
On a daily chart, the price is trading in a rising channel, recent consolidation formed a falling wedge chart pattern.
Expecting price to breakout and continue its prior trend.
Entry - Above 338
Stop - 320
Target - 449
Risk-Reward 1:6
Plan - B
Take a long entry when price pullback to the prior resistance zone, which is a 290-300 price zone. I will update the trade accordingly if and when happens.
On a weekly chart, the price already broke a prolonged falling channel.
On a monthly chart, the Price went up in an impulsive wave after forming a double bottom and currently consolidating at 0.38% Retracement.
I will be updating this idea frequently as per the price behavior.
If you have any alternative analysis in Cadila Healthcare, do share in the comments.
Thank you,
EEz
Axisbank - Falling Wedge BreakoutHere's a falling wedge in the middle of an uptrend. Volume picks up on the breakout.
Price also taking support at the previous top. A classic case of Resistance becomes Support.
Long at 423 Stop at 400 Target 550.
Risk Reward 1:5
Using Covered Call.
Short Axis Bank 460 CE April @ 6.
Incase we hit Stop-loss in spot, Option will help in bringing down the cost of Stop-loss.
Remember we are in a counter-trend or rallies. So it's better to be cautious and should trail stop-loss once the position is in favor.
Falling Wedge? Is TCS is gradually forming a falling wedge?Period under observation is the month of Jan 20. Price has posted lower highs and lower lows.
Ajanta Pharma (weekly) Breakout, Positive above TrendlineAjanta Pharma (ajantpharm) (weekly) has given breakout. Stock will remain positive till it stays above the trendline.
