GRASIM INDUSTRIES
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Rising wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1855+.
✅Can Go Long in this stock by placing a stop loss below 1740-.
BUY - FDC LTD
CMP - Rs. 299
Target - 1: Rs. 360
Target - 2: Rs. 400
Target - 3: Rs. 430
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Technicals - Trendline nearing BO
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This is just a view by an expert analyst, please invest at your own risk.
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Welcome back to another episode of Wave Talks. Bank Nifty's Tidal Wave -Ride or Crash: Index can face a significant shift with the unfolding ending diagonal. Will you ride the wave to profit or crash on the shore? Unfolding wedge pattern
It's time to reconsider Bank Nifty's pattern as it poses a risk. Let us discuss in details price objective & outlook for next...
LT has given a breakout from rising wedge pattern.
However, today's candle is an inverted hammer which might be a sign of reversal and hence, it is a wait and watch scenario.
One can enter if there is a retest and continuation of uptrend from 2250-2300 levels
It can be buy but after break out another it will go down or conform the downtrend or it will go down and up and conform the uptreand and my opinion is it can be a buy but after breakout and a conformatioin of a green candle and target 1 is 1123 and target 2 is 1275 and you know that it giving split and diviend on 9 jun and market trend is bullish pls like and...
Stock has broken previous swing high (acting as resistance) and also the rising wedge formation with high volumes.
Looks good to break ATH of 327 in coming sessions
SWING - Target 340, 350 SL 299
Intraday - 327 above 321
P.S. Can accumulate at lower levels as well if stock comes down to 305 levels for pullback before again moving up
Probable scenario:- The rising wedge pattern is a probable sign of a strong bearish movement. In the case of TCS, if the price doesn't hold the support line it might go bearish . If the price doesn't find immediate support while retracing it might go for a strong bearish move.
Alternate Scenario:- If the price breakouts the resistance level and holds that...
Rising wedge pattern on INDUSIND BANK 1 hr timeframe.
this is not advice. I'm in a learning phase and am looking for suggestions. and feedback.
also on the same chart at 5 min timeframe, there is a descending triangle pattern indicating bearish momentum and downside breakout.
XAUUSD : xauusd is currently going to sell down for beyond the technical analysis XAUUSD sell down
REASONS :
1. Trend reversed into the down trend
2. Continuation Pattern : rising wedge formed..
3. xauusd is corrective wave also completed to going down.........
