Wedge
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
BTS LONG SETUPBINANCE:BTSUSDTPERP
Good to Long at Support .USE SL AS 2.50%
FOLLOW FOR MORE
FROM: 𝕄🌚🌚ℕ𝕋𝔸ℕ𝔾 ℂ𝕃𝔸ℕ™️
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
Mighty Nifty - Weekly Review Dec 5 - Dec 9Last week we have seen all time high in Nifty. And now price is consolidating in a narrow range. 18640 is the trend deciding level for nifty. Buy above 18640 with the stop loss of 18600 for the targets 18690, 18740, 18800 and 18860.Trading execution is a skill. Sell below 18580 with the stop loss of 18620 for the targets 18540, 18490, 18450 and 18380.
A clear BULLISH view on BIRLASOFTHEY GUYS,
BIRLASOFT stock was following a pattern
i.e FALLING WEDGE PATTERN
now , this stock has crossed that pattern
and it is showing clear BULLISH SIGNS.
as you can see, a 12% increase in a single week and volume is also very high,
this shows that people are really interested in this stock.
Therefore, you can also trade in this stock and earn high returns.
you can clearly see the pattern in the chart
i have marked that pattern with the trend lines.
thanks and have a great trade.
Bajaj finance interesting formation Bajaj finance is looking for an interesting move . I feel its travelling in a channel inside a wedge . Which is almost totally looking like a right shoulder of an inverted H&S pattern. Above 6850 it looks like preparing for an uptrend .
This view is purely for an upcoming view not (immediate or intraday basis ) which we have to wait and observe in larger TF
Equitas : Weekly Chart BreakoutEquitas Holdings : Beautiful Breakout on a weekly chart of #Equitas & retest done.
Stock ready to fire. Enter above safe entry levels only.
wait patiently for Target levels as setup is on weekly charts
Book partial profits @10% & trail the rest
Happy Trading !!!