PVR Ltd 1830 dated 24-8-2022 Bottom CatchPVR Ltd 1830 dated 24-8-2022
Bottom Catch
1. Support @ 1770
2. Falling Wedge BO
Buy above 1845 for a tgt of 1880-1915-1950-
1975 SL 1770
It is just a view, pls trade at your own risk.
Wedge
TATA POWERTATA POWER was in a rising wedge that, after falsely breaking out to the upside, has now broken to the downside is currently retesting the rising wedge's bottom trendline. With that a possible head and shoulder pattern is in formation and if broken could see another drop of 30-45% from the neckline.
HSCL { rising wedge pattern }
rising wedge pattern downtrend continuous pattern
waiting for confirmation candle
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“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
Watch for a good pattern breakoutTinplate has made a good pattern in recent days. Held strongly by a support. Watch out for breakout.
Chart pattern and levels mentioned in chart.
Follow strict risk management.
RISING WEDGE, BEARISH PATTERNThe above idea is my personal observation.
I am not a sebi registered analysist
The Material(CHART) neither purports to be, nor is it intended to be, advice to trade or to invest in any financial instrument,
or class of financial instruments, or to use any particular methods of trading or investing.
PEL | Falling wedge + Trendline support - Potential for 20%PEL | Falling wedge + Trendline support - Potential for 20%
CMP : 2400 (Dip : 2300)
SL : 2200
Target : 2600, 2900
1:3 risk reward setup
BANKNIFTY [15min ]
falling wedge
if the break and get confirmation candle then go bullish but my side short chance .
my indicator already give "bullish reversal" in looking in to below
If You LIKE MY Idea ……like its
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
ALKYLAMINE - Breakout & pullback - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.















