LT has given a breakout from rising wedge pattern. However, today's candle is an inverted hammer which might be a sign of reversal and hence, it is a wait and watch scenario. One can enter if there is a retest and continuation of uptrend from 2250-2300 levels
NSE:SRF Srf ltd forming a falling wedge pattern near major support on daily timeframe. Good positional setup All levels are marked on chart. Always trade with stoploss. I Hope you found this helpful. Please like and comment. Keep Learning, Happy Trading!
Price is narrowing in a range. Buy above 19220 with the stop loss of 19180 for the targets 19260 and 19300. 19200 is a crucial level to decide the trend. Sell below 19140 with the stop loss of 19180 for the targets 19100, 19060 and 19020. This is my pre market analysis and my trading journal . Not a suggestion to buy or sell.
Weekend Pick 1: Bajaj Auto Fundamentals - Very strong, consistent on Sales, Profits, EPS, High Reserves Vs Debt Free.. Strong Quarter results, FII holding increased. Technicals - Broken LTH, moving nicely in raising wedge, Above MAs, decent volumes R1: 4660 R2: 4950 R3: 5270 SL: 3950
#GMRINFRA : Wedge Breakout & VCP Breakout >> Positional call (1-3 months) >> Enter at cmp or at retraement till safe entry levels >> Good Volume Buildup Lately >> Good Strength in stock >> Swing traders can book profits at 5-10% fully or partially and keep trailling Keep liking & sharing for more such analysis @moneyfesttrading
Buy above 43080 with the stop loss of 42980 for the targets 43160, 43240, 43360 and 43420. Sell below 42840 with the stop loss of 42920 for the targets 42760, 41680 and 41600. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
MULTIPLE FACTORS IN FAVOR 1.Upcoming result 2.Getting added to nifty 50 3.Bullish wedge pattern breakout 4.Open interest accumlation \ all supporting 5000 above break out .
Attached: Daily Live Market Chart as of 25th April 2023 Price put in a Breakout and turned out to be a False Breakout triggering a Rising Wedge Breakdown instead Targets mentioned in Chart, Stop Loss as per Risk Appetite or today's High
Looking at the structure, I personally don't trust any further upmove for going long until it show some dip whether small or big. Especially when it has major resistances so close while moving upside Lets see it this affect NIFTY or not, because NIFTY also has 17900 and 18000 as major resistances trade with proper plan and risk management. Feel free to comment...
Attached: Nasdaq 100 CFD Daily Live Chart as of 25th April 2023 Was waiting for a quite a while for this to play out and it finally has today in the Nasdaq Price formed a Distribution Pattern and today we are finally getting the Breakdown MACD also in Sell Mode 13k Level is Lost and below 12800 it is a Confirmed Breakdown. This has BEARISH Implications, a Top...
From the past few months stock was in a down trend, now it has finally given breakout from its consolidation. Previously price level of 105-108 was acting as a resistance, now price has closed above this level indicating a possible shift in the trend. If stock manages to sustain above this price, we can expect a decent rally in coming days. All possible...
TATACOFFEE | Falling wedge breakout - Looks potential for 15-20% CMP : 213 (Dip : 210) SL : 200 Target : 240 1:4 risk reward setup
NSE:CUMMINSIND making rising wedge on weekly charts and also has formed a evening star candlestick pattern. With a SL of 1666, one can short for T1 of 1552 and T2 of 1518. Let's see how the story develops. Best wishes! Disclaimer - - The opinions expressed here are my own. This is for my own records as well as what I see on charts. - If you are referring to...
Starcom falling Wedge breakout and retest done can look for tp of 370-400 for long term Disclaimer : only for educational purpose
Vakrangee falling Wedge breakout done big breakout done with solid volume can look for tp of 70-75 with good risk to reward ratio Disclaimer : only for educational and learning purpose
Pattern forming - Bearing Wedge Time Frame - 30 min Strong Resistance level 2900 Buy at 2770-2740
SESHAPAPER breaking out of flag and falling wedge pattern on 1D timeframe with relatively higher volumes. It is apparently retesting its trendline. Enter after bullish confirmation. Follow target and stop loss levels.
cumminsind : cmp 1680.95 trade setup : 1. sell in range 1680 to 1685 2. keeping 1732 as closing basis stop loss 3. targets : 1643 / 1604 / 1548 / 1519 / 1478 & below technical setup : 1. rising wedge pattern trade 2. stochastic RSI in monthly set up at 100 indicating highly over bought price zone 3. volume getting drying up at higher levels 4. real...