Wedgebreakout
Muthoot Finance Technical Analysis . Hello friends , Today i have the technical chart Of Muthoot Finance . Friends as you can see here that it was in a down trend but now it can go up because it is making a " Falling wedge " because it has broked its upper trend line and also remember it will go down first and then up from the support price as shown in the picture ,Thus it is also near the breakout point .Its Support price you can take is at rs 1061 and 976 and its target you can take for is at rs 1201,1256 and 1302 and if it goes down then stoploss you can take is at rs 1011 and also remember to read out the notes and other things written on the chart and i have showed the nearby support you should also see the marked supports on the chart . Thank You . If you like this Idea and this Analysis just please like this idea and leave a comment i will surely try to improve it or if you have any doubt related to this you can write in the comment. Bye Bye .
NIFTY LEVELS 18/09/2020 BREAK OR BOUNCEBreak of 11510 support, will lead to a fall towards 11450, 11370. Bounce off from 11510 support will lead to 11565, 11612. Have a look on the chart for the support and resistance levels.
Share your opinion in the comment section below, and like and follow for daily market analysis !
Professional Trader | Experience: 2.5 Years
NOTE: The above mentioned views are for educational purposes only. You acknowledge the fact that you are alone responsible for your profits and losses, we won't be responsible for any kind of loss that you might incur by following our signals.
HDFC Trend Analysis & Trade Setup !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
VGuard Volume Gain and Breakout of ConsolidationVGuard broken falling wedge with big volume.
Stock looks to all set to move up towards 230 levels if takes out 184 easily. Failure to break 184 will form symmetrical triangle.
Any Dip towards 165 long opportunity SL 158 on daily basis. Target 180, 200 230+
Disclaimer: Calculated and plotted values may differ little with actual stock movement. Plotted wave count can be wrong. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading.
Please hit like button that will motivate me to do more. You can donate Trading view coins as well. Thanks :)
Rising Wedge - "Learn More Earn More" with usWhat makes the chart interesting today is that:
. BTCUSD challenging the Wedge's UpTrend.
. A break bellow Wedge's UpTrend could push the pair to its $10,400 ~ $10,500 previous support areas.
. A rejection at the Wedge's UpTrend, however, could lead to another retest of the Wedge's top.
Will the BTC see an downside breakout against the USD?
No one knows it! We have to wait and see!
Learn More,
Earn More,
With ForecastCity!
MARUTI The daily chart shows a beautiful wedge pattern with a tilt towards upward breakout. The weekly chart has shown a MACD uptick yet again and with closing above a strong resistance with good volumes the short term perspective is bullish.
Key Resistance at 6550,6620 and 6750.
Key Support at 6150 and 6000
Happy trading
K