Price forming a falling wedge pattern and it just breaks out in the last session and it couldn't hold the move and almost went 50% down. One can expect the price to move up smoothly from now.
Gland Pharma is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure sugar etc.. The Stock broke out a...
Mahindra has given a clear breakout with retracement. Watch out for potential upside. For any Queries please leave a comment. Its our endeavour at Clear Trading to give you the best analysis of the Stocks. For educational purpose only.
Nifty went below channel a tail can be seen right below channel drawn. Expecting wedge pattern to end by Throw over above channel 15500-600 could be zones to watch out for. Dip can be expected in zig zag fashion towards 15200-100 levels. Just for study purpose only and should not be interpreted as a proposition to buy or sell in any securities.
SAIL is creating a base again to be a bulllish RAIL ----------------------------------------> As you can see , it has already broken its falling wedge few times(unlike JSW and TATA Steel as they are strictly following the falling wedge), also the momentum increased creating a bullish divergence. So we can expect a good spike in upcoming days.(Can be a...
Price formed a complete falling wedge pattern and it is getting ready to break. In the lower time frame in the last session a triangle pattern was formed and we can take this as an indication for breakout.
The flight is neither landed nor reached the skies for the last 6 months and now it is ready to fly high hopefully. :)
HDFC has given a breakout from falling wedge and has been taking support from 50 EMA . Even after the falling wedge breakout, 2605 seems to be a rejection region where one or two gap up openings could not sustain. A closing above 2605 with good volume can be traded for a swing or positional trade for first target of 2768 and second target of 2888. Some good...
RBLBANK- short term trade setup for RBL bank - Buy above 200 for target 218- sell below 189 for target 171 NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion or query regarding this...
HEY FELLAS , BITUSD is forming a rising wedge consolidating for a beraish momentum. Waiting for a bearish breakeout.
two channel pattern with same momentum. can expect target of 175 (25% from CMP) #the_pravin #simplepriceaction #chartreading
Paushak Ltd. is one of the India's largest phosgene based products manufacturer. Currently it is forming a falling wedge. A break above the wedge can be traded for a target of range 7330 to 7550. Equitybulls.com states, "Paushak Limited has received approval to its application for amendment in Industrial License from the Department for Promotion of Industrial &...
1. Price action 2. multiple time frame analysis ( 30 min ) 3. Falling wedge pattern show ( 2 days for break out )
1. Price action 2. Now Nifty is near to all time high , nifty moves in uptrend wedge ( mark in chart Supply and Demand zone ) 3. Possibility are : - now become new high / sideways move / to test resistance zone and fall down .
Nifty 15337 - As suggested in yesterday post Nifty find resistance exactly at 15385 and support at 15286. Intraday trade help us to gain 150 points. Last hour trade we find as short recovery. We will be bearish as long as the resistance zone is not being broken out.
Wedge forming on Hourly Chart of NIFTY50. SELL at CMP=15315/ below 15250-15270(safe side). Target(s) - 15170-75, 15075, 15045, 14985-15000, 14900. Invalid above today's Open=High i.e. 15336-340. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Short IRCTC Stoploss 1935 target 1875 Study: Bearish Wedge Pattern in Formation