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Fallingwedgebreakout

Falling Wedge Breakout With Good VolumesNSE:DEEPAKFERT today broke a Major Falling Wedge Pattern from a Crucial Previous Support Zone with a Good Amount of Volumes. Trade Plan: Entry: If it closes above Swing High or Retest the Support. Stop Loss: Entry Candle Low. No Trade: if goes Below 942 (Support Levels) 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, Check out my other stock ideas below until this trade gets activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:DEEPAKFERTLong
by Karanshah137
MOL - TURNAROUND POTENTIAL WITH A FALLING WEDGE BREAKOUTHi All, The idea is about Meghmani Organics ABOUT THE COMPANY Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber. TECHNICALS The stock has been in a falling wedge pattern & has given a breakout. The breakout was sustained & has been testing first level of resistance at 88.65 multiple times. Once it breaks it can move to 93 where next resistance lies Fundamentals Not a good last year but sales/profit showing symptoms of turnaround which is evident in price action Thanks, Stock-n-Shine
NSE:MOLLong
by Stock-n-Shine
QUICK HEAL - BULLISH - LARGER 3 WAVE ONGOINGHi Folks, Quick heal is undergoing larger 3 wave on weekly time frame. Within internals of ongoing 3 wave, we can see correction in 4 wave with a classical falling wedge pattern. Falling wedge has been broken with good volumes on daily time frame. RSI augments the price action and has broken with HH-HL structure. 2-4 trendline will act as support as well as invalidation level. Price action below this can lead to weaker price action or sideways movement will continue in ongoing 4. In case if RSI makes higher high then previous high of 3 wave, then this can be an extended 3 which will go further up. Targets are marked with fib projections, can be a smooth ride to these targets. Happy Trading! Cheers! Not a buy reco, please do your own due diligence.
NSE:QUICKHEALLong
by KunalSaxena10