BHEL is in correction mode looks like correction is over counter trendline breakout with volume
perfect entry would have missed on Friday. with min.SL flat/gap up opening will confirmation on next trading session. breaking of YELLOW TL would be SL. #the_pravin
hello fellow traders, as we can see price has broken from wedge , resistance trendline , vwap, resistance zone and mainly 50% fib level and now taken support at 50 moving average. Targets are marked on the chart
Weekly Chart - Falling Wedge pattern + Consolidating near 2 year resistance. Recently, RSI turned from sideways to uptrend.
IBULHSGFIN breaking out from trendline with volumes Targets Zones: 283-312-330 Stop Loss Zone: 250 closing basis Disclaimer: This is just my personal view. Please do your own research before trading.
After a breakout from arising channel with volume it found resistance from the rising wedge. Above the rising wedge the stock can fly. One can wait to see if there is any pullback tomorrow and enter on dips.
- Stock break falling wedge pattern -Stock sustain above 250 Next level to watch 270/308 levels -Support is near 215 level on chart
CASTROLIND | Wedge breakout - Can see 80% CMP : 142 (Dip : 136) SL : 125 Target : 175, 250
Havells - successfully retested #fallingwedge Breakout alert ahead. Self explanatory chart. For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
-Stock break rising wedge pattern -Next level to watch 3270/3370 levels -Support is near 3100 level on chart
If price respect it's support & resistance trendline then this trade setup will work perfectly. Entry-237.35 Profit-279.60 SL-228.20
Beautiful flag pattern breakout.. Let it retest 50% and 60% fib level to re enter
Emami Ltd. Broken it's wedge pattern in 4hr timeframe... Will surely reach its target in few trading session.
HDFC AMC was correcting in wedge formation, now it has broken out. good time to go long.
What is Falling Wedge chart pattern? Rising and falling wedges are a technical chart pattern used to predict trend continuations and trend reversals. The falling wedge is a generally bullish pattern signalling that one will likely see the price break upwards through the wedge and move into an uptrend. How does it work? The falling wedge is a bullish stock...
NSE:BANKNIFTY has shown us a fabulous bullish rally. If we look at the price action then we may be able to see that it is forming a rising wedge pattern which generally corrects the price of the security, causing a fall. At the current moment, we should not initiate any position between the range of 35550 to 35200 (NO TRADING ZONE). Levels are on the chart. TRADE...
THIS ONLY FOR MY LEARNING PURPOSE #DYOR