Good breakout in this counter after long consolidation in falling wedge. quick target of 220 levels expected. Considering SL will be at 120 buying limited qty to avoid huge exposure can be considered.
Rising Wedge Breakdown Negative For Long Term And Short Term, RSI Also Weak. Sell Positional With Stop ~ 2580, For Target ~ 2350. Expected Time Jan Expiry.
Chennai Petro CP breaks out on 1D timeframe. It has given a Double Pattern breakout from Falling Wedge and Flag patterns. Target & Stop Loss are explained on Chart. Be wary of upcoming earnings. Do Trail your Stop Loss and follow proper Risk Management.
Crisil weekly trend analysis. > Falling wedge breakout > 7 months downtrend break on weekly timeframe. (From may 2022) > Size of the pattern is 890 rs. > Forming an Inverted H&S Which is bullish pattern. > Entry break and trade above 3100. > Potential targets 3223,3424,3626,3840. > keep will be 7-10% below entry price. > position size : 10-20% of the trading...
The chart is pretty much self explaining. In larger TF it has already made an inverted H&S pattern. And after completing formation of right shoulder now it is making a flag. This is a good long opportunity.
Nanbas due to the slow market #BTC 4h TF la same pattern. Still facing resistance near 200MA and EMA. Moving in a ascending broadening wedge and small bull flag is seen.
falling wedge pattern is seen NTPC. Long opportunity is possible initiate long positions if NTPC gives breakout above 168 and upto 180-190 levels in coming days!
Nifty is forming a falling wedge pattern, there is a high likelihood Nifty may trade within this channel. During this channel, it may take support and resistance of 17800 and 1800 in between. In hourly chart, Nifty is trading below 50 EMA and 100 EMA which further confirms bearish pattern. How to trade this setup ? 1. Sell call option and choose strike basis your...
#BTC 4h TF la facing resistance near the supply zone where the 200MA and EMA lies. Now moving in a ascending broadening wedge which is a bearish pattern!!! target according to this is around $16500 which is the demand zone,
Levels: Support: 43180, 43000, 42650, 42250 Resistance: 43500, 43800 Observations: Rising Wedge formation Pennant Structure broken and in uptrend OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43425.25 ATM: 43400 , ITM: 43300, 43200, 43100 , OTM: 43500, 43600, 43700 ...
** Be Extremely careful with your entry ** (For Educational purpose only) Trade activates only post 43200 breaks on the downside. RnR would be great when (If) this trade activates, Targets are the respective lower highs of the wedge. IMPO was expecting a upmove today, which did happen in the morning. Entered 43200 CE and existed the trade already at 43450 which...
Ircon is a PSU stock not only gives decent dividend but also has the potential for becoming a #multibagger over the next few years. SL~ 48 on WCLBS P.s. wishing you and your loved ones the best year ahead #HappyNewYear
1. Rising wedge 2. Inside candle @ 1hr 3. Important support -18080 and 18000 4. Closed above 50 MA 5. Downtrend in 1 day The nifty 50 is continuously moved upside, looking closely we can see that it is moving in a wedge pattern i.e RISING WEDGE. Taking Support at 50 MA and ending up with an Inside Candle bar pattern. Important levels to trade - BUY above 18150...
btc move expected in few trading sessions consolidating since 2 weeks
its, tricky my mindset with emoji analysis in chart no comments( senthil goundamani comedy) it's only nifty 50 mindset of emoji with trendline analysis emoji with bull or bear fight , monkey only watching
Short Video showing how ending diagonal was witnessed close to 41600 as suggested in last idea. Trade carefully & have a wonderful week ahead. Last Video Idea - Polarity Reversal at 41840
FX_IDC:USDINR Analysis: Supports: 82.60, 81.90 Resistance: 83.15 Outlook: Rangebound between 82.50 to 83.25. Safer people can take the lower range as 82. The overall trend is positive with a rising wedge (ascending triangle) pattern.
NMDC a very long term down trend and now a bullish chart pattern formation on NMDC - Falling wedge on Weekly time frame