Hello All, Our tiny heroes reached a majestic peak at 44669 as per last idea published yesterday, just as we imagined in our dreams! This peak was not just a high point, it was a place where they could see the entire playground sprawling below. But as we all know, after reaching the top, there's a thrilling slide waiting! Our numbers decided to swoosh down, and...
When there are multiple POI zone in one leg always marked two zone for trade one is dececional other is Extreme. between these zone all are trap 80% of time so dont go for it. nasdaq fails 1st POI zone gives some reaction then failed . now wait for extreme. thank you.
A Bullish Continuation Wedge is a pattern that emerges when there's a brief pause in an ongoing upward market movement. It's characterized by the formation of two trendlines that gradually converge in a downward direction against the prevailing uptrend. Throughout this consolidation phase, there's a struggle between the bearish and bullish forces. The bears aim...
Nifty has broken out from the falling wedge, next hurdle is 19455 which is a strong resistance, if clears that then Nifty is moving towards 19600-650 above this Nifty will touch ATH.
#IEX Cash - Positional call 03.09.2023 W pattern formation Buy above 135.10 Stoploss 124 Target 147-150/160/180 Cmp 131.75
nifty forming wedge pattern breakout above 19500 to 19585 / 19700 breakdown 19300 to 19200
Need observe next week (starting 4th Sept) and look if it breaks out the trend line. If price breakout the trendline with good volume, it can give good target. Note: Before taking entry do your own analysis. Keep position size based on what your risk management allows.
VARUN BEVERAGES looks bullish as it is about to break it All time high. Recent wedge breakout signals that it is ready to break its ATH. It can take a small pullback and then can break ATH or else it can also break the ATH directly. Keep Watching it. Note: Do your own research while investing.
Huge Volume Build Up Plan Pattern Breaking Monthly Chart looking really interesting Weekly Chart rising wedge pattern SL 70 Target 1: 150 Target 2: 200 Long Term
-Weekly Falling Wedge breakout -Resistance Zone around 880-910 -Good for longs after retest if falling wedge breakout
As we can see NIFTY has shown unidirectional fall despite the break of trend but as we had been analysing since last few days that until and unless NIFTY closes below the trendline we can expect every dip as a buying opportunity hence tomorrow if NIFTY opens weak or flat we may see a strong recovery in the first half so plan your trades accordingly
falling wedge pattern found in nifty 50 in daily time frame. best buying between 19160-70
As we have analysed in our previous analysis that NIFTY could possibly show a strong upmove if breaks the given pattern but it opened with huge gap and which finally led to filling of gap with strong selling in the second half. Now as long as NIFTY doesn’t breaks below the following pattern every dip is a buying opportunity so plan your trades accordingly
As we can see NIFTY had been sideways throughout the day despite opening strong and went back inside the pattern and remained sideways. Now we can expect NIFTY to finally break off from this pattern for a big move positionally which could be till a new high for NIFTY so plan your trades accordingly everyone
Not so frequent pattern is seen in Saregama. if stocks break above the wedge we can get good momentum. It is not very easy to trade this as it can take lot of time to give breakout. Will monitor and update this idea as and when there is any movement.
hi guys, that is rising wedge where chances of breaking down are high and resistance is exactly neck line of an head and shoulder and adx shows trend strength is weak,so in my opinion this is just a pull back , i think it will break down lets see what happens disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is...
As we can see NIFTY showed a strong reversal from the trendline as we analysed in the last post and showed over 100++ points of recovery but failed to continue its up move as it got rejected from the above trendline, Hence we can expect NIFTY to show a strong movement from here as if it breaks and sustains itself then we can see NIFTY making new high else nifty...
Nifty Analysis Contrary to the expectations, today turned out to be a boring day. The open was right at the SR level of 19310, still it was gap up as our prior close was near 19250 levels. Even then the resistance breach did not come then, we had to wait till 11.15 for a 5mts candle above the SR zone. BankNifty was looking in tremendous form today, we will...