LT made a huge leg to jump to the top edge of the weekly rising wedge.Awaiting a breakout/Reversal.
TATASTEEL moving in a rising wedge recently tested the 7 year high, making a second attempt, with a good fight from either side, while others wait on sidelines to see who wins.
BPCL has been moving in the rising wedge for more than a year. currently on the bottom of the lower edge, awaiting a breakdown or reversal.
Breakout from Falling wedge target 700 SL 500. Buy on dips (if it dips)
Here is a short term trade for LTC. Currently LTC is getting traded at low volumes. Probably because of all the news in the media. It broke out of the pennant (falling wedge) and currently hovering close to fib level 0.786. If it manages to surpass this resistance then it'd find resistance at fib level 1. Now that is close to 20 points high. Looking at RSI,...
RAYMOND has been moving strong in a rising wedge for months. Making new highs everytime. Recently made another lifeteime highs and is flagging up on the edge of the wedge(lot of dojis and hammers and stars).Awaiting a Reversal/Breakout from that level.
INDIA_CEMENT has been moving in a falling wedge for a year now. Made a strong legup to reach the edge of the wedge.May FLag_up a bit before reversal or breakout
You tell me... My Disclaimer - I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them. If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone taking any position shall be at their sole...
INFRATEL has formed falling wedge pattern and is on the verge of upside breakout.
Ether is currently trading in a well formed rising wedge. This is an indication of a bearish move and there are possibilities it may breach the bottom trend line (orange). If it breaches it then it will find support at fib level 0.618 (~$693). 2nd support could be found at fib level 0.5 (~$676). These support levels could be possible reversal zones for Eth (The...
ASIAN PAINTS has beem moving in a down channel for a month. Currently on the edge, awaiting a reversal/Breakout
PNHHOUSING has been in a down trend since Sept.Laking lower lows and lower highs.But Creating the RSI Divergence in the process. Awaiting a reversal/Breakout
One rally can come if it breaks out above blue line.
study: price making higher high & indicator making lower highs. price movement - clueless.
LIC HF looks good to setup a "Buy" just for my portfolio... My Disclaimer - I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them. If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone...
SRTRANSFIN just broke out of its weekly Trendline and is looking strong. Making a rising wedge on hourly. Sharp Moves!!