Ramco Cement Sell On Any Rise To 988-1000 SL - 1035.1 (Day Closing Basis) Target - 915/875
Disclaimer :- *For educational purpose only it's not a not a call do your own analysis. We won't be responsible for Any profit or loss. Stock is looking good above 97.75(ATH) on daily closing basis. Thanks! #Breakouttrades....
IFB | Falling Wedge Breakout Entry - 1011 CMP SL - 876 (DCB) Target - 1430 (~40%)
VGUARD | Trendline breakout looks good for 25% CMP : 250 SL : 235 Target : 305, 320 1:4+ risk reward setup Target basically calculated based on Fib 1.6 level
AU Bank made a rising wedge pattern on daily timeframe After a bearish engulfing candle it made inside candle on low of this inside candle we can make a trade of downside with stoploss of high of inside candle it can be a fast movement targets are provided on chart Keep it in watchlist and also check banknifty along it.
Levels mentioned on chart. SL base on daily closing.
Falling wedge breakout pattern in 3M India Ltd. good time for long position
In a smaller timeframe, TCS has given a breakout of rising wedge pattern and it may give some retracement and start with its up move. So we can keep it on the watch list for intraday if not for Wednesday then for Thursday.
Hello guys in chart you can see it is forming "Falling Wedge Pattern", if this pattern gets breakout than its take profit target would be $1.68....So guys just keep eyes on WRX.
Extremely important to wait for the confirmation from the levels. 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.
Reliance spot cmp 2105 counter have formation of falling contracting wedge ,, where the breakout and retest is done,, currently counter is trading in symmetrical triangle formation,, break out of which would lead to good up move,, Rsi and MACD giving early indication with bullish divergence MAcd positive Crossover,, Good long criteria buildupp,,
Bandhan Bank Trading in a Falling Wedge Pattern. Since the inception of this scrip, it has traded/followed the falling wedge pattern. There isn't any incentive to go long until there is a decisive breakout out of this falling wedge pattern. Decisive breakout means breakout out of the channel on upper side (for long), and then another candle confirming breakout...
The stock has given an excellent breakout with a new high formation. The levels are marked in the chart.
After five weeks of consecutive gains, Bitcoin is facing a bit of a hurdle from the psychological level of $50K. BTC formed a Bearish Doji kind of a candlestick pattern in the last week and dipped minutely by ~1% to close the week at $48,802. BTC has had a volatile last week due to the August monthly expiry in which $2+ Bn F&O contracts expired. At the time of...
As I mentioned in one of my earlier threads, I think we’ve got the confirmation to open up a short position on BTC/USDT. This is because we broke out of the rising wedge (the white line). Besides this, we’ve got 3 consecutive red candles on the 4h which makes it a good short opportunity. My take profit is around the 45K level (the green line). But since we’re in a...
Bullish Falling Wedge Bullish Tgt 7.00 . Formation of Patterns after respective fall from high of near 9.00
Recently this scrip had broke the major resistance and now it had formed a wedge pattern and it is at he stage of breakout. This scrip is in an uptrend for a long time so we may expect some good up move in this scrip. So there is another opportunity to long this scrip, those who are long at the previous breakout may add some quantities to average it.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...