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Falling Wedge pattern formation on Tatasteel and its for day trade only. Trade: Buy above - 560.00 Target 1 - 562.50 Target 2 - 565.00 Stop loss - 557.00
Falling Wedge pattern formation on ACC and it will break only on long side but if does in other direction, consider as false breakout or pattern failure. Trade: Buy above - 1625 Target 1 - 1656 Target 2 - 1682 Target 3 - 1711 Stop loss - 1580
Falling Wedge pattern formation on Siemens and it will break on upside. Trade: Buy above - 1345 Target 1 - 1365 Target 2 - 1387 Target 3 - 1405 Stop Loss - 1317
It seems in Daily chart a Falling Wedge pattern formed on NSE:ARVIND . Once it Brakes the resistance, we can expect a sharp bullish rally. Go long after the brake-out as in the chart, target 428, sl 356. (Note: Stock market investments are subject to market risks. Do Your own study before making any positions)
This is the Chart of Quick Heal on the daily scale, A falling Wedge pattern did appear and the Prices breaks out downward. Though Falling Wedges patterns are supposed to breakout upwards, but here it breaks out downward. This pattern forms over a period of approx 6 months. Break out came with a gap , hence signalling price may go down further. Support for the...
Hello Fellas, The pair is still ranging in 60 pips. there is no clear direction on the pair. A break above 1.0690 would trigger 1.0733 then 1.0766 & 1.0799. on the flip side next support lies at 1.0620,1.0600,1.0590. Trade at the breakout of the falling wedge & the resistance trend line & confirming it with the RSI & the Bollinger band. Note: Everything works...
Symmetric Triangle on SBI and it may break either side. one more formation called falling wedge ( combine with orange and top yellow line but it will break on top ( bullish). Moreover SBIN currently lying on Strong support and statement - MAKE or BREAK Levels for Long: (Make) Level 1 - 259 Level 2 - 265 Level 3 - 273 Levels for Short: (Break) Level 1 -...