ABFRL (Aditya Birla Fashion and Retail Ltd) | Looks good for another swing. Potentially 20% opportunity CMP : 134 (Consider buying upto 129) Target : 159 SL : 125 Almost 1:3 risk reward setup
Formation of the Wedge pattern. Might take some days for breaking either side...
Hello friends , Today i have the technical chart Of Tata Motor Dvr Technical Analysis . Friends as you can see here that it is making Double Top chart pattern which means it can go down and it is down . You can take its Stoploss at 61 Rs and Neck line at 57.10 Rs Its target you can take is at 46.60 Rs as shown in the picture and I have also shown that it can come...
Hello friends , Today i have the technical chart Of Havells India Ltd . Friends as you can see here that it was in a up trend but now it can go down because it is making a " Rising wedge " and Also Making Bullish Harami Candle Stick Pattern Which shows that i could be right at here . But remember that it can break upper trend line from where i have shown down...
Gold has printed a Small Rising Wedge pattern. We wait for breakout and enter short Side trade.
Stock seems to be taking support at 50ema in daily timeframe. Close below 50ema (daily timeframe) can be used as SL.
Gold XAUUSD technical analysis Bear Flag in H1 Rising Wedge in H4
AUDCHF has been spotted in rising wedge which is a bearish pattern with bias to break to the downside. Entry is around 0.65650 and take profit at 0.65350, roughly around 30 pips profit. Good luck! Tibor
On A Daily TIme frame , BankNifty has broken Rising Wedge pattern When Price Action is considered, Dynamic Resistance still needs to be broken at 21023 if we consider bull to come back but not before 21356. Multiple touch of upper trendline that makes dynamic resistance . Upper trend line was respected for almost 5 months. Looking further you will observe...
Price action Based analysis on WIPRO IT sector is now overbought CMP = 360.60 Lot Size = 3,200 there are 2 targets as shown by arrow DON'T forget to check out the related ideas which i have posted down below they worked really well FOLLOW & LIKE & COMMENT
Views only for educational purposes. Do not copy trades, copy ideas. Do your risk assessment before entering any financial positions.
Need to wait for the wedge to complete and break out on the higher side of the Wedge and take a long position for a longer duration. The Stock is fundamentally good.
rising wedge confluenced with supply area,, sellers may take charge here..
One hour chart showing breakout triangle Breakout to the upside