After creating a new high, it broke the trend line and support was taken at a good level (2300 level). It tried to move up. Only if price action shows any movement above the channel can we expect a good entry into Hindustan Unilever Ltd. Below 2300, we need to wait for the postive triggger.
Opportunity for some profit on LINK, use stop loss and don't risk too much of your balance.
NSE:GSPL ====================================================== 📈 Swing / Positional Trade - Daily Chart | Pre-Breakout 📈 Buy above = 315.50 - 316 (Breakout) Stop-loss = 306 - 305.50 Target's = 375 - 376 R:R = 1:6 Pattern = Falling Wedge #ThankU For Checking Out My Content , I Hope U Liked IT ✅ ====================================================== 📈...
NTPC is looking really great on charts for long position. Creating falling wadge on 1H time frame. Buy at current price around 126 and SL at 119 for target of 140 to 160.
Hello Traders, hope you all are doing amazing! Today I will be showing you the daily chart overview of BankNifty, so traders as you can see, on the 1D chart a huge rising wedge pattern has been made which has recently broken down to 35327. Now here, I won't say I can see a double bottom but yes, I can definitely see a "W" pattern which will probably hit the lower...
Trying to come out from the trading range. Shows strength.
Zeel at cmp 368 forming rising wedge. With 375 sl short it between 368-370 for target 344, tf 3-4 days..
Wedge breakout in Granules India Limited with very high volume
Wedge pattern in D link India Ltd. wait for the breakout with high volume
A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. ... This pattern has a familiar look to a bear flag . DISCLAIMER - This is purely for educational purpose . before taking...
Hi Traders, A good quality falling wedge pattern formed in Lupin daily chart I am expecting a strong breakdown in the stock entry can be taken on retest on breakdown of pattern.
The Stock is consolidating in falling wedge kind of pattern . Buy on Breakout.
Here you can see that there was a rising wedge pattern on daily time frame for BTCUSDT which broke down nicely and currently is at support line. This is time to buy. There is falling wedge pattern on daily time frame which is yet to break out. So, trade accordingly. I think it is a bullish divergence. You can see why my analysis is so accurate by analyzing RSI...
Wedge pattern in HDFC Asset Management Company Ltd and reversal started from support line with increasing volume.
Wedge breakout with high volume in Gmr Infrastructure Limited
Falling wedge breakout with high volume in Nmdc Limited
Breakdown of Rising wedge pattern. Slight negative divergence in RSI.
On daily time frame, RSI is making lower highs but the price is making higher highs. That in my experience is a bear divergence with clear rising wedge pattern. Keep an eye on all the price levels when ETH breaks down the triangle. The only thing that can keep this from happening is announcement of L2 or ETH2 merge on ETH mainnet