BankNifty - Bears, Bulls & Bounce 500+ PointsShort 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
Wedge
USDINR: RangeBound is coming week of 26/12/2022FX_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 - Bullish chart patternNMDC a very long term down trend and now a bullish chart pattern formation on NMDC - Falling wedge on Weekly time frame
NIFTY ELLIOTT WAVE ANALYSISNSE:NIFTY
Retraced towards sub wave 4 low as per #Elliottwave
Wedge formation with RSI Positive Divergence.
Near Support zone . Breakout of 1 year consolidation.
And Uptrend Line.
With Market Mood in Fear.
High chance we are nearing end of Correction in wave 2.
NIFTY Wedge FormationNSE:NIFTY
Market is consolidating in a range since last 4-5 days.
And range is contracting/narrowing.
Market will give strong move after breaking range.
Awaiting Breakout.
Mostly on higher side.
Wedge Pattern And Trendline BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
PNB Housing: a probable long tradePNB Housing has broken out of a resistance zone as well as a wedge
Test of the breakout✅
With an SL of 435 in CLBS and one can expect targets upto 700, beyond which we have a multiyear #breakout
Use trailing SL in this
EURUSD 🥰. A beautiful pattern has formed on the EURUSD day time frame.from here we can walk to a beer view
Bank Nifty -Expiry Day Analysis for Dec 15Expected range for today is 44200 - 43600 and to break these levels bulls or bears have to gain strength during the live market.
Wedge Pattern And Trendline BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
Rising wedge pattern in Oberoi realty Oberoi realty is trading in a rising wedge pattern on daily time frame. If it gives closing above resistance of 966-970 with good volumes, it may rise to 1080 in few day . First we have to wait for break out. Keep an eye on the stock.
HINDPETRO | Falling wedge breakout - Investment PickHINDPETRO | Falling wedge breakout - Sharp rally ahead - Potentially can double from here
CMP : 240 (Dip : 220)
SL : 200
Target : 330, 475
Investment Pick
Wedge BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
VOLTAS | BUY AFTER FALLING WEDGE BREAKOUTVolatas in trading in falling wedge, keep in watch list and buy after breakout. We will try to update the idea for upcoming moves.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NIFTY in falling wedge pattern..ready for upmove..?As we can see NIFTY has formed more like an falling wedge patteen and also an inverted head and shoulders pattern which indicates a strong bullish sentiment, the only criteria that needs to be met is that NIFTY must open flat to slight bullish and should cross todays closing level which is around 18625 and closing above the given level we might see new highs in NIFTY in upcoming trading sessions
Auropharma Falling wedge FormationAuropharma Falling wedge breakout Formation
can look for tp of 696-699 for short term with sl of 483 on dc basis
Ramco Cement: Rising Wedge breakoutNSE:RAMCOCEM has a rising wedge (ascending triangle) breakout with the ok volume and momentum is also high.
Trade: Buy above 702, SL: 696, T: 707/710
Sell below 695, SL: 700, T: 690/685
Channel BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
BTS LONG SETUPBINANCE:BTSUSDTPERP
Good to Long at Support .USE SL AS 2.50%
FOLLOW FOR MORE
FROM: 𝕄🌚🌚ℕ𝕋𝔸ℕ𝔾 ℂ𝕃𝔸ℕ™️
TRX long setup BINANCE:TRXUSDTPERP
TRX long setup falling wedge pattern bullish scenario. Upto 5% takeprofit use SL 1.5%
BANDHAN BANKshare name : bandhan bank
call type : positional
- share is forming a falling wedge pattern with
morning star on c point and hammer candle on
monthly time frame which shows the buyer
presence in this stock
- we can accumulate this share at this level and
look for the targets of 333 and 367 as per
cypher
- stop loss is 209 for this script
thanks
Bank Nifty - Weekly Review Dec 5 - Dec 9The patterns seen in banknifty and expected move for this week is discussed in this video. Buy above 43080, stop 43000, targets 43200, 43320, 43460, 43600, 43740 and 43920. Sell below 42960, stop 43040, targets 42820, 42680, 42540, 42400, 42320 and 42200.
