Weekly time frame- Broadening Wedge Pattern Daily time frame- Triangular pattern Breakout Target - high touch of wege pattern 315-320 SL- Low of triangular pattern 218-223 RR Ratio-1:3
MGL likely to trade in between this wedge pattern before breakout or breakdown. Trend mostly indicate breakout but downward retracement is expected as per RSI
Banknifty Spot Bullish Flag Breakout done for long term can look for retest around 37000-37300 levels for safe players with good risk to reward ratio for such more analysis s m s 9 1 6 3 3 8 8 9 9 6 Disclaimer : only for educational and learning purpose
Short Video - How we maintained our bearish outlook in this stock since 5th Aug 2020. I am excited to see 57% drop from the highs of 1063 to 457 (recent low). Hope you enjoy the video & let me know your comments. Have a great day ahead.
As per elliot wave theory counter is on verge to mature its motive phase, ascending wedge pattern formation have resistance zone around 355-361 levels counter have given bearish reversal on smaller time frame below 354 levels now zone of 354-360 would act as strong resistance zone for counter. bearish divergence on rsi with respect to price, use rally in counter...
As suggested in the last idea post penultimate waves we usually see terminating pattern. So, Traders have to be careful at tops Index could push upside in opening session & while returning back if breaks 41668 level then it could confirm that it has topped out. Target 41051 Last Idea - BankNifty - Five Elements to Watch
Nifty seems to form a 5-3-5 irregular wedge. Sorry for the cluttered chart, but the white waves are corrective and the yellow ones impulsive. We seem to be in wave 4 of the last corrective wave with 18000-18200 levels on cards before we fall further downside. SGX too, interestingly seems to be on a similar trajectory. Another interesting aspect is that the year...
#Techm ascending broadening wedge chart pattern CMP:1019.85 @ 15 October 2022
On 1 Hour Time Frame, PEL indicating reversal from 815-820 level and expected reversal upto 840 level. If PEL gives breakout of this level also then it will extend for further breakout target upto 930+ level in upcoming few trading session.
⬆️Buy Audjpy now 92.940 ⭕️SL @ 92.120 🔵TP1 @ 93.554 🔵TP2 @ 94.508 🔵TP3 @ 95.462 🔵TP4 @ 96.642 🔵TP5 @ 97.550 Audjpy long analysis done by Manpritfx What are these signals based on? Technical Analysis, Price Action Candlesticks, RSI, Moving Average. If you liked our ideas, please support us with your likes 👍 and comments.
Couple of things seen on Charts. Rising Wedge pattern on weekly and monthly charts. Also a failed breakout on daily charts. Bearish divergence seen on weekly charts. Indicating sell at higher level. Be careful with this stock. Also same is seen with other Ultratech. Shorting is risky option so wait for a solid confirmation to enter the stock is not resistant to...
NSE:SRTRANSFIN The price has given the breakout from the wedge pattern after giving the breakout from the Triangle pattern. Other Information is given in the chart.
GBPUSD prints a falling wedge bullish chart pattern amid all the pessimism surrounding the UK economy and the hawkish Fed, not to forget the US dollar’s run-up. The recovery moves, however, need validation from the 1.1810 hurdle, as well as the 50-SMA resistance surrounding 1.1840. Following that, a three-week-long horizontal resistance near 1.2010 could test the...
midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ;
GODFRYPHLP share chart analysis for short term for educational purpose only
equitas fin bank SECTOR: private bank falling wedge pattern near trade 52wk low 38.5 market falling chances are buyback worth for low price small risk
Wave 4 expected to end near 16450. Wave 5 pending we will see it getting completed tomorrow near 16300-250. Consolidation is then expected as ABC correction. Not much happening this week. Fall should continue next week. DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views...
There is a chance to wedge pattern breakout. Keep Watching or Breakout Buy: Only if get a closing candle above 3214 Keep Stop loss Below 6% Target will update