HDFC bank is making clearly wedge pattern ..until it cross the trend line with momentum candle we cant be bearish and HDFC bank result will come on 20-23 Jan. So, ready for Target - 1320 .
Check if it opens higher than 743 then it will break the triangle or else it will be range bound till the support line
happy new year ! to all those amazing souls reading it !
At present raising wedge pattern formed.... Targets and stop loss are mentioned in the chart. t.me
BULLISH PATTERN IF SHOWS REVERSAL( LONG @ 520) IF RANGE OF 505-502 BREAKS DOWN THEN (SHORT @500)
If market seems bullish go for a long .or vice versa technical analysis & targets given in chart .
Upward rising wedge, i beleive there's more upside to the stock
Wait and watch if it retracts back to the support or breaksout of the wedge
Breakout with huge volume on weekly timeframe, also cleared 50 weekly EMA. BUT it's a RISING WEDGE in downtrend, need to be cautious. Breakout on either side will give the clear setup.
BTC USD Buy Zone falling wedge Future Idea before halving
Bullish breakout expected but have to wait until tomorrow.
small retracement needed after facing resistance rising wedge SELL 209 SL 213 TGT 204 200
Piramal Enterprise has fallen 38 % from its peak. It has bounced from its long term monthly support . It has formed nice base and now the price is breaking out. For a target of 2070 it has upside of nearly 20 percent. Stop loss can be kept at 1670 (4.3 % below the current market price) 20 / 50 MA firmly behind the price should give good support. Risk Reward of...
NSE:PETRONET Petronet is moving in the ascending wedge pattern, respecting the lower base of the wedge, every time it touches, it bounces up from it. It has done that 4 times now. As it has broken the upper base of the wedge pattern and closed below it after days of consolidation. It seems that, it will correct till 277 level taking support of the 50%...
Below 30398 tgt 30163 sl 30523 or it may retrace with diagonal resistance line