Wedge

It is been observed that the price action is consolidating at the bottom in a broadening wedge pattern. It is at the make it or break it situation. It has good support at 310 levels and then 290 levels. Currently, at a look risk and high potential profit scenario. Now, today's closing shall matter a lot. Target 1: 322 Target 2: 330 Stoploss: 310

Rising Wedge pattern on DHFL and the price will fall after the breakout of pattern. Trade: Short below - 442 Target 1 - 427 Target 2 - 410 Stop loss - 461

TORNTPHARM is moving in a channel/fallingwedge for over a week. Probably a trend continuation pattern, giving a good upside move after a breakout, The wedge Can break out in any direction, but upward break seems more logical

WE WON’T MAKE IT.’ ‘No, wait, should we?’ ‘No, we won’t.’ ‘Well, let’s make it!’ This probably was the conversation that took place before Jaguar came to the conclusion that an SUV is a must in their portfolio. Hence the Jaguar F-Pace The immaculate designing skills of Ian Callum & his team won’t stop with F-pace as it gets ready to launch E-Pace. E-pace packed ...

HAVELLS is moving in a wedge for a couple of months now. Its in the breakdown/reversal zone < i know that phrase is getting old :P >.

IBULHSGFIN is dancing in a rising_expanding_Wedge, .. which looks like a Flag on higher timeframe of a solid leg up since start of 2017. Right now its approaching the middle level of the wedge, crossing which can lead to the completion of the leg down. or it can reverse form there.

Heromotoco has given breakout from Flag formation after being in a range for about 2 months. With this it is likely to touch 4200-4250 levels. Stop Loss should be closing below 3750 levels.

Buy above 794 for 820 Target Downside 785 should hold. Below 768 its completing Descending triangle I'm hoping that 768 will not break.

Rising Wedge pattern on Granules India and the price will fall after taken out the pattern.... Trade: Short - 132 Target 1 - 120 Target 2 - 106 Stop loss - 145

Rising Wedge pattern on Indian Bank and if the price break the pattern, it leads to hit 295. Trade: Short - 309 Target - 295 Stop loss - 317 Reward Points - 14 Risk Points - 8

It is been observed on the daily and hourly chart that the price action is forming lower lows and lower highs, indicating a weakness in price action. Now, it shall further dip down to next support levels. It is a broadening wedge pattern. Target1: 580 SL- 595

Rising Wedge pattern on Nifty and if breakout happens, then it leads to fall. Trade: Short level - 9904 Level 1 - 9886 Level 2 - 9865 Stop loss - 9920

Falling Wedge pattern formation on Tatasteel and its for day trade only. Trade: Buy above - 560.00 Target 1 - 562.50 Target 2 - 565.00 Stop loss - 557.00

One can clearly observe: nice rotation of price inside a channel; the wedge formation; and the price bouncing from a support line (red dashed line). Currently the stock has retraced back to an important confluence point at 214-215 zone. On short side, a break below the confluence zone can take the price to 310.50 and 307.50 levels. Stops would be above 320. On ...

Raising Wedge Break Down and Tested

Falling Wedge pattern formation on ACC and it will break only on long side but if does in other direction, consider as false breakout or pattern failure. Trade: Buy above - 1625 Target 1 - 1656 Target 2 - 1682 Target 3 - 1711 Stop loss - 1580

It seems in Daily chart a Falling Wedge pattern formed on NSE:ARVIND. Once it Brakes the resistance, we can expect a sharp bullish rally. Go long after the brake-out as in the chart, target 428, sl 356. (Note: Stock market investments are subject to market risks. Do Your own study before making any positions)

Notes on the charts. Hit like if you think this information is useful. Trade Safe, stay healthy Best Regards Afraidtotrade