Falling Wedge Pattern on Reliance Industries 15 Minute Chart
Holochain is under consolidation phase wait for breakout..!!
Price forming falling wedge pattern and trading on the support to breakout.
Price forming falling wedge pattern and it is exactly on the support. Good sign for upside breakout, wait for the break
Symmetrical Wedge Buy Above 86 (Best If Weekly Close) Strict SL - 67.5 (WCB) Target - 127/150+++
#Maruti #positional looks like ready to fly. Buy around 6590, SL @ 6250 & TP 7200+
JSWENERGY | Big channel / falling wedge breakout in weekly pattern. Any retracement to 70 level is a buying opportunity. Having excellent room almost 60% upside. CMP : 78 (Dip upto 70) SL : 60 Target : 95, 122
Go Long above 336.85 for targets of 347.75, 358.5, and above, with SL 326 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish chart pattern, Falling Wedge (marked with purple color) gave...
We can see the formation of a falling wedge in Nifty on weekly time frame. Wait for breakout and weekly close above the wedge for the journey towards ATH. Nifty likely to hold supports on the lower trendline.
Nifty Index may give breakout of Falling wedge and may continue the upward move:: one can go long once breakout sustained and watch out Fibonacci level .5/.6 level for further upside. Do follow my page and inbox me for advance intraday levels of Nifty and Bank Nifty. Disclaimer: I may or may not trade this setup, do your own analysis before initiating any trade.
Crude oil forming Rising wedge pattern in Daily TF.. Breakout at the bottom of the range. I n weekly TF 66 - 68 $ is the next major supply range. Need to wait for reversal confirmation in DAILY/ 4H TF. Think and trade in probability.