FDC | Falling wedge breakout and retest - Potential for 15-25%FDC | Falling wedge breakout and retest - Potential for 20-25%
CMP : 254 (Dip : 250)
SL : 240
Target : 285, 315
1:3+ risk reward for first target (15%)
Wedge
INDIAN ENERGY EXCH_SWING TRADEIndian Energy Exch seems like a falling wedge pattern. Now its price at support line, it will bounce towards upward resistance upcoming days. Its good for swing traders. keep target previous swing high.
BHARAT ELECTRONICS_BULLISH MOMENTUMBHARAT ELECTRONICS moving towards uptrend in Rising Wedge Pattern and also its seem like a inverted typical head & shoulder forming. so, keep concentrate for breakout confirmation. In daily chart, if price open & close above the trend line. Pattern will activate then it will move towards upward resistance.
#NBCC #StockMarketNBCC
On daily chart give falling wedge BO
and now trading at weekly resistance level
Buy above 33 for short term targets of 34.5 to 36
Partial booking at 34.5 levels; but if sustain above 36 then add further for 5-8%
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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NZDJPY ANALYSIS Market now forming an symmetrical triangle pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade, another for Rising wedge pattern structure formed and now market in retest level of support level breakout after entering the trade
BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [12-07-2022]NSE:BANKNIFTY
Key levels Are mentioned on chart
NSE:NIFTY
Always trade with stoploss
keep learning
happy trading
GBPCHF ANALYSIS Falling wedge pattern structure formed,Wait for the trend line breakout after entering the trade
Tata Motors and Coal India Trades | Index view for 12 JulyI daily make educational content on financial markets
BATAINDIA Sell for intradayBATAINDIA Sell for intraday by looking at Flag & Pole or rising wedge pattern
MRF LTD_ROUNDING BOTTOM BULLISHMRF LTD seems like a Rounding bottom. It's Bullish pattern and also minor trend moving in rising wedge pattern. So, Its more probability to reach Tgt 76000.
Falling WedgeGiven breakout from falling wedge pattern with good volume. The stock can reverse from here, keep watch.
MAHINDRA CIE Channel BreakoutIn the daily time frame of Mahindra CIE, It seems like there is a breakout in W Pattern with good volume. Even in 15mins timeframe stock looks very bullish. I have mentioned Probable target and SL on the chart. please do your own analysis before making any financial decisions. NSE:MAHINDCIE
$NEAR 1D TIMEFRAME IDEAOn 1D chart of near ,we can see it has broken falling wedge and successfully closed above it ..if btc does some relief rally from here near would pump 20-30% from here to around 4.2-4.5$ area..Near also holded fairly strong in recent btc dump..and didn't dump much which indicates an upcoming rally from near ..my target for next weekend would be 3.9$
Possible Trend Breakout in UJJIVAN FIN SERVPrice about to break the major trend line in Daily chart. An uptrend can be assumed after the price closes above 157 levels. All expected targets are marked on the chart. This is not a recommendation, do your own analysis before making any financial decision. NSE:UJJIVAN
Possible Range Breakout in ARMANFINI have observed possible range breakout in Arman Fin in the Daily time frame. When the price closes above 1219, we can enter the trade with a strict stop loss at 1082. Targets are marked in the chart. As per my analysis, I'm expecting an upside move of 30% in near future. Please do your own analysis before making any financial decision.
NSE:ARMANFIN
EXIDEIND Analysis Market forming an falling wedge pattern structure formed, wait for an trend line support or resistance level breakout after entering the trade
PAYTM has retested and showing bullish signshey guys ,
after a long DOWNTREND ,
PAYTM stock has shown a signs of recovery ,
from the very FIRST DAY , this stock was completely controlled by bears
but now , this stock was following a chart pattern called FALLING WEDGE
last week , this stock was trying to cross this pattern
ans it was SUCCESSFULLY COMPLETED .
And now this stock has retested
and it has shown a great green candle ,
which convince us to bet on this stock
and earn HIGH RETURNS
BUT FIRST CONSIDER THE GLOBAL SITUATIONS
.INFLATION
. WAR BETWEEN UKRAINE AND RUSSIA
. RISING BANK RATES
. AND INCREASING EXPORT DUTIES
AFTER CONSIDERING THESE SITUATIONS
YOU CAN BUY THIS STOCK
BUT PLS GUYS , SEE THAT IF MARKET IS OPENING GAP DOWN
THAT THIS STOCK IS UNDER HIS RESISTANCE AREA
THEN PLS WAIT AND LET THIS STOCK TRY TO CROSS HIS RESISTANCE AREA
and guys , if u like my analysis
. follow
. like
. and comment
Watch out for wedge breakout in pidilite Pidilite making a good falling wedge pattern. Look out for sustainable breakout. Levels mentioned in chart. Follow strict risk management.
NIFTY - Where is the BOTTOM ??? We have a GOOD NEWS !!!Good day to everyone!
NIFTY price action is trapped inside a Descending Broadening Wedge (Blue lines).
The Good News is that Descending Broadening Wedge is a Bullish or Continuation Pattern.
Since the long term trend is uptrend, the probability of the trend continuation is higher which is bullish .
Where is the bottom?
The price action is currently supported at the yellow support line where I expect the price to recover in the month of July.
Still I am expecting the price to fall back to the Descending Broadening Wedge Support again between September and October which will be the BOTTOM.
This analysis is purely based on the Descending Broadening Wedge and Support & Resistance.
~RPS~
Ascending Triangle and Rising WedgeBank nifty
"Ascending Triangle" and "Rising Wedge"
In one hour time frame..........
wait and see......................................................................?
upcoming wedge pattern breakout .entry above 47
. SL -low of entry candle or 7-10%
. target - 1st-54, 2nd-61
One should take entry after closing around 47.
Happy weekend.
