HINDPETRO BOMaking falling wedge pattern
Might give a Break Out
Long Entry Possible
Just For learning purpose
Falling Wedge
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.
M&M FALLING WEDGEBULLISH PATTERN IF SHOWS REVERSAL( LONG @ 520)
IF RANGE OF 505-502 BREAKS DOWN THEN (SHORT @500)
NETFLIX | LONG | DIVERSION | FALLING WEDGE | HELLO EVERYONE,
TODAY I AM GOING TO SHOW YOU THAT NETFLIX MAY GO UP DUE TO SOME REASONS.
1. FALLING WEDGE PATTERN
2. DIVERSION IN SCRIPT
3. IMPROVE IN ECONOMY
Falling Wedge/Takuri Line Reversal !Takuri Candlestick at the lower line of Falling Wedge suggest a reversal and today's Green bar is confirming it. The Trade is available at small risk so one can trade like this
Entry 880
SL 868
Target 9455
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
GBPUSDFalling wedge pattern breakout down side take it 2% profit this Monday. With me..!!
1 Day time Firm.
Jindal Steel - 60min - At a daily support, can it reverse ?Jindal Steel is at an important support zone with a falling wedge pattern formation at the bottom. This may be an indication of a potential reversal when the wedge is broken to the upside
TCS falling wedge pattern formedAs explained in the chart market is expected is to continue downtrend till monthly support...
Let's see and watch....
Targets are mentioned in the chart..
