Aarti Industries Ltd expecting a bearish momentum towards downside because of rising wedge breakout. Stop Loss and Target have been mentioned clearly via price prediction tool. 1HR TIMEFRAME- ANALYSIS
Sell Trades Only Below 15900
As per hourly price action Axis bank is trading in Rising wedge pattern Also Axis Bank create Second lower high and bounce back from support area zone. rsi also cross 60 level in hourly timeframe . Buy area Above Only 753 target 1 : 760 Target 2 :766 Target 3 : 774 Stop loss : 730
The charts clearly shows short term bearish RSI divergence coming in the way of a Rising Wedge pattern on the Daily charts of SGX Nifty. Last week Friday ended up forming a Spinning Top in SGX Futures while Spot formed a Grave Stone Doji. These are early waring signals that we may witness a downside as the market finds immense pressure at the moment to continue...
ENTER BY CONFIRMING THE REVERSAL AFTER RETEST
- Rising wedge pattern - 15600 level are important ( use pivot for target )
RISING WEDGE PATTERN WEEKLY PATTERN ENTRY - 690 STOPLOSS - 725 TARGET - 555 Rising Wedges are bearish pattern Rising Wedge Patterns forms with Higher Highs and Higher Lows. Rising Wedge pattern basically forms in two shapes - 1) If rising wedge pattern forms in an uptrend it will make reversal and 2) If rising wedge pattern forms in a downtrend it will make...
USDCAD reverses Friday’s losses inside a bullish chart pattern, falling wedge, on the daily play. However, buyers need a clear upside break of 1.2100, not to forget the previous support line from March 18 close to 1.2180, to retake controls. Following that, the USDCAD rally towards 50-DMA level near 1.2285 and then to the previous month’s top near 1.2350 can’t be...
RISING WEDGE PATTERN FORMING IN 15min TIMEFRAME.. Trade setup for the week
BHEL is in correction mode looks like correction is over counter trendline breakout with volume
NSE:BANKNIFTY has shown us a fabulous bullish rally. If we look at the price action then we may be able to see that it is forming a rising wedge pattern which generally corrects the price of the security, causing a fall. At the current moment, we should not initiate any position between the range of 35550 to 35200 (NO TRADING ZONE). Levels are on the chart. TRADE...
THIS ONLY FOR MY LEARNING PURPOSE #DYOR
ADANIENT is giving a rising wedge pattern. Does this look bearish?
Gland Pharma is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure sugar etc.. The Stock broke out a...
Nifty went below channel a tail can be seen right below channel drawn. Expecting wedge pattern to end by Throw over above channel 15500-600 could be zones to watch out for. Dip can be expected in zig zag fashion towards 15200-100 levels. Just for study purpose only and should not be interpreted as a proposition to buy or sell in any securities.
Short IRCTC Stoploss 1935 target 1875 Study: Bearish Wedge Pattern in Formation