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Wedge

[Short Term]Falling Wedge Pattern In NIFTYIn this chart showing different possibilities of long side and short side trade positions in NIFTY. Currently it is trading in Falling wedge pattern on daily time frame. Current trend of nifty will change only if it gives breakout of resistance of inside falling wedge on daily time frame. Once breakout of this pattern possible strong upside rally in nifty upto larger falling wedge pattern resistance. Any major downside now only possible if nifty starts trading below support level.
NSE:NIFTY
by TradZoo
2
TATA MOTORS - Important supportsTATA MOTORS - Important supports 1. It's a complete market downtrend, I will give you support points for the TATA MOTORS. 2. Currently stock is the primary trend, which is a positive point for it. 3. 340 is the first support point...300, and 280 will be the respective support point for TATA MOTORS. 4. hope it won't downfall as like the 2020 crash. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
NSE:TATAMOTORSShort
by ravi15684
USDINR terminal move - 400 pip downmove likelyUSDINR had broken out a Triangle in the middle of Sep 21 . The subsequent move has been overlapping waves but counts well as an ending diagonal. This is a terminal move and has breached the Mar 20 high ending the larger degree pattern as well. Divergence is also developing at this high v/s previous highs. The move from 72 levels seems done and a reversal is on the cards. When weakness sets in, it can take the pair to 73.75 level. Moves on completion of ending diagonals are quick heads to the origination of the pattern. Target area is indicated. As always keep stop losses to protect capital
UShort
by SolomonsView
1
POSITIONAL - FALLING WEDGE PATTERN IN ANTONY WASTE HDG CELL LTD.NSE:AWHCL AWHCL trading a little above life low and charts are signaling bullish reversal. it has formed a falling wedge pattern and a breakout with good momentum is done. now if it breaks the previous consolidated range/ or say previous swing high and managed to close a daily candle above 300 price then we can initiate new long position and the time frame would be 8-12 weeks to get our target levels. All levels are marked on the chart. "If you would like any more information feel free to DM me" if you like this analysis please like and comment on idea. happy trading & keep learning.
NSE:AWHCLLong
by SANJAYPATIDAR_
1
A huge wedge pattern with long consolidation in betweenThis pattern has 250++ bars or 1 year+ data. it is sustaining above fib level 0.5 or 360-365. There is a supply-demand conversion zone( golden) where it may face resistance. Entry should be after a bullish candle at the golden zone or above 400(round level). Next, there is hidden trendline (dashed) , which will act as a resistance. How to trade? initiate trade with a less quantity(60%) at the round level & when it touches the hidden trendline, retrace back to the 0.5 level from the previous swing , and add more. medium-term targets- 460, 520 SL-just below fib 0.5 level. Happy Swing trading
NSE:LICHSGFINLong
by mahhisingh