Nifty has broken down on weekly chart from an expanding wedge and a doble top is nested inside that wedge Looks like a powerful topping pattern. Beginning of the bear market?
KNC broke down and did a retest of Rising Broadening wedge. It may go down to given target
USDINR - Indian Rupee is in real danger of collapse. RBI has been sleeping at wheel with their loose monetary policy. Hourly ascending triangle breakout near key level of 76.
Nifty index showing weakness on 15min TF with #breakdown of Rising Wedge Pattern. We can observe a follow-through fall in nifty. Wait and Wathch
Entry Price - 85 Stop Loss - 79.75 Target - 103.35 Note: For Educational Purpose Only
Stock has been in a downtrend and then gradually formed a strong base around 2300 levels with a clear RSI divergence. Now when stock broke the Falling wedge Upper trendline then it also has retested the BO levels and consolidated for a while in the Zone of 2700-2800. Now it will be a range BO + Falling wedge BO + String RSI (Above 60) DISC: Only For...
A Good correction can be seen in COFORGE since the month of JAN. FALLING WEDGE/CHANNEL pattern can be spotted in 1 hour TF indicating trend reversal. A can enter the stock on breakout about 4600 with a SL 4372 for a shorterm period for a target of 4800 and further of 5000. Also the stock is trading at a discounted price and its good to add in...
SPIC is forming a ascending wedge pattern and is about to give breakout. Traders add it to the watchlist.
Nifty is coiling with volatility due to geo political risk, I either sit out or Buy dip and sell rip with tight stops Retail traders will be the last one to get the news so got to trade selectively.
Dr reddys Labs is forming wedge pattern and it is around its support line. Traders add it to watchlist.
This short trade on Clean Science & Tech. gone well. More than 20% downside move from rising-wedge!
LTTS is at support line and it is forming wedge pattern. Traders keep it under radar.
AVAXUSDTPERP showing signs of breakdown, given that BTC is weak as well this can be utilized to take a good profitable trade.
Look for hourly setup for entry, overall looks good showing strength as compared to overall market
Detailed view of btc for upcoming days Not an financial advice Like nd comment
SHORT TERM TARGETS 2260 , 2375 MID TERM TARGETS 2525 long-term TARGET : 2700 , 3100 strict stop loss on weekly closing basis: 1960 Note: This is for educational purpose only
MANIND is forming wedge pattern and it is about to give breakout. Keep it under radar.
can be a good positional stock formed a falling wedge pattern