ASCENDING WEDGE BREAKOUT - Nifty has recently broken out of the ascending wedge pattern by testing the lower trendline several times indicating strong downward pressure SL & TP - TP - 19525 SL - 19625
Nifty has formed a doji and trade whole day in a range of 100 points. The market is following a rising wedge channel and today has given closing above 20 ema. On the hourly chart, it has closed above both the moving averages. There seems no opportunity for option buyer. Market opened gap up and remained volatile. Fight between buyer and seller couldn't take...
NSE:NIFTY Nifty is Trading very choppy for the last few days as it's in a trend correction mode. it is forming a falling wedge pattern. Today it can touch the lower range of the wedge and bounce from there. the breakout level will be above the swing high of 19800, and then 19690 will become a new swing if it plays according to the level marked on the...
Nifty looks like forming a falling wedge pattern and looks on the base now for buy. Can enter buy side with stop of the low of this candle. Purely for observation and study purpose
NSE:CAMS is currently in a correction phase, according to the Elliott Wave Theory. The stock has completed wave 3 of the correction, and wave 5 is yet to complete. This means that the stock is likely to continue to decline until it reaches the Fibonacci level of 0.618, which is around ₹1,863 per share. Once the stock reaches this level, it is expected to start a...
Ipca has shown falling wedge patten and fit with fibo support and resistance only for educational purpose not suggestion
BUY - NTPC CMP - Rs. 176 Target - 1: Rs. 205 Target - 2: Rs. 240 . . Technicals - 1) Bullish Wedge Breakout . . Follow me for more!
NSE:AMBER A complete analysis of Amber is explained on the chart. Entry should be above - 2100 closing on daily Candle. Stoploss - will be below Box low 1840. Target are :- 2550/2780+ It shows multiple signals can start an Up-trend are: 1. Price at 4-year long support Trend line (Trend is intact from its life low) 2. Fib Retracement at 0.618 Significant...
If this level holds we can expect an upside for target of 100 points . But if it breaks this analysis doesn’t work and becomes invalid.
NSE:NIFTY reached near its All Time High 19000, peoples are talking about big fall but here the view seems different to me, As per my Elliott wave study and my counting on it which can differ with every EWT user above is my shared view, please look carefully & have a happy trading here are some points to take in consideration. 1] Price is still in channel. also...
ZEEL beautiful breakout retest and support from 200 ema let's go
Mankind pharms is forming higher highs and lower lows. on 15TF
Pattern Breakout from Declining Wedge pattern: strong momentum on watch: Levels to check: R1: 271.5 R2: 301.2 R3:330 S1: 209 SL: 196
Falling Wedge Breakout: CDSL has fallen almost 34% since December 2021. It has given breakout from a falling wedge pattern on monthly charts. Rising prices are supportive of breakout in momentum indicators and volume supported price action. CMP: 1110 R1: 1241 +11.45% R2: 1457 +31.4% Stoploss: 986.35
Ok this analysis is my 4rth about LXCHEM from which i made a good return after its IPO DEBUT Had got huge quantity at around 220 INR AND SOLD AT 500 ABOVE . Now as I wanted to reenter the stock , so here's my analysis 1.As the company has been shut for close to a month during sep quarter , the results will get affected . 2.Last quarter results are also not...
SIEMENS INDIA LTD Key highlights: 💡⚡ 📈On 1Day Time Frame Stock Showing Reversal of Rising wedge Pattern . 📈 It can give movement upto the Reversal Final target of above 3882+. 📈There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto above 4420+. 📈 Can Go short in this stock by...
- confirmed stage 2 uptrend - clear volume expansion when price moves up - low volume pullback to 20 ema - shakeout within the base - price moving back up with a small gap and volumes entry - cmp sl - around 7500