BATAINDIA Rising Wedge Pattern BreakdownIn today's session, BATAINDIA gives breakdown of Rising Wedge pattern at 1795 level. After this breakdown expected downside target 1775 to 1730+ level in next few trading session according to chart pattern. Can short BATAINDIA below 1795 with stop loss of 1820 for this target.
Rising Wedge
SHORT AU BANK for target of probable 400Couple of things seen on Charts. Rising Wedge pattern on weekly and monthly charts. Also a failed breakout on daily charts.
Bearish divergence seen on weekly charts. Indicating sell at higher level. Be careful with this stock. Also same is seen with other Ultratech.
Shorting is risky option so wait for a solid confirmation to enter the stock is not resistant to interest rates hikes.
If rising wedge is followed then target of 400 can be seen. trade with strict Stop loss on weekly closing basis. Or just stay away.
HSCL { rising wedge pattern }
rising wedge pattern downtrend continuous pattern
waiting for confirmation candle
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HCL tech multi timeframe analysis for swing trading in hindiHCL tech multi timeframe analysis for swing trading in hindi
in this video i have shown, 15 minutes & daily chart analysis of HCL tech.
and trade setup for next day 08/08/2022.
you will get idea of where to short sell & where to put stop loss.
i have shown practical use of reversal pattern such as triple top, H&S, double top & rising wages pattern.
i have also discussed about trendline, RSI diveregence & wyckoff method in real life example.
basically i have shown, how to use technical analysis in real life.
video is in hindi language.
if you like or found useful, kindly like, subscribe & share.
Disclaimer: only for learning, not trading tip. trade at your own risk.
Hindi description:
Swing trading k liye HCL tech ka multi timeframe analyis.
maine is video me bataya hai k kaise trendline,reversal pattern aur RSI ka istemal real life me kaise kiya jata hai.
is video me aap sikhenge ki double top/ triple top/ H&S ko kaise real chart par mark kiya jata.
is video se aap technical analysis ko sahi tarike se use karna sikhenge.
disclaimer: yah keval learning k liye banaya aur share kiya gaya hai, trade apne risk par kare
BHARAT ELECTRONICS_BULLISH MOMENTUMBHARAT ELECTRONICS moving towards uptrend in Rising Wedge Pattern and also its seem like a inverted typical head & shoulder forming. so, keep concentrate for breakout confirmation. In daily chart, if price open & close above the trend line. Pattern will activate then it will move towards upward resistance.