The charts clearly shows short term bearish RSI divergence coming in the way of a Rising Wedge pattern on the Daily charts of SGX Nifty. Last week Friday ended up forming a Spinning Top in SGX Futures while Spot formed a Grave Stone Doji. These are early waring signals that we may witness a downside as the market finds immense pressure at the moment to continue...
After long time of downtrend, BTC breakout the falling wedge bullish pattern in short-term but, still beware of whales dumping manipulation!!
Rising Wedge & Falling Wedge are very popular Reversal Patterns Falling Wedge or Descending Wedge Pattern seen in TATA MOTORS with retest, which indicate bullish trend further with Targets of 360-380-450 Note: This analysis is only for educational purpose.
LICHSGFIN | Wedge breakout looks good for 12% (Smaller TF) CMP : 415 (Dip : 405) SL : 395 Target : 465,480 1:3 risk reward setup for first target from dip The stock looks very good in weekly time frame, this is a small opportunity for short term (can see result within 2-3 working days)
MCDOWELL_N trading in symmetrical wedge pattern. If it gives breakout of this pattern then possible it will give 800+ short term target and 1100+ for long term investment target. Possible Trade: Buy MCDOWELL_N Above 650 Stop loss - 515 Target 800(Short Term) 1100+(Long Term)
Bank Nifty 35131 - Bullish. Buy with support 34950 for target 35650.
APOLLO TYRES Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my analysis do like &...
- Falling wedge pattern - Important levels marked in chart
- Price action - Important levels marked in chart - Wedge pattern
ENTER BY CONFIRMING THE REVERSAL AFTER RETEST
- Rising wedge pattern - 15600 level are important ( use pivot for target )
BATAINDIA | Trendline Breakout , now retesting the breakout zone after gap up rejection Good hammer candle in 1 hour time frame. CMP : 1390 SL : 1320 Target : 1640 1:4 risk reward setup
Barish Wedge Pattern ##Bank Nifty
After so many years in downtrend this stock has given trendline breakout and now its retesting the trendline .. Also it has given wedge breakout.. so once the retest is done we can see some positive move in this stock.. This is only for educational purpose.. do your own analysis before making any investment..