EdelweissStock is in UPTREND shown reversal..can be shorted with Target of 195/193/191 with SL 200Shortby AaravkaychartsUpdated 6
EDELWEISS Intraday flag formation for Monday 12th June 17.Everything in chart. Go long only on a good volume breakout in this 15min chart. Good luck.Longby HarshShivlani3
EDELWIESS Flag BreakoutWeekly flag breakout with high volume. Target is open but acc to pattern given as height of the pole. SL is place at the low of last candle a.k.a new support.Longby HarshShivlani4
Edelwiess Rounding Bottom BreakoutEverything in chart. Target is depth of the pattern. Could keep SL around breakout area. RR is almost 5. Suggestions/opinions welcomed.Longby HarshShivlani1
Edelweiss @ correctionAfter completion of 5 impulsive wave, Edelweiss correcting which gives opportunity to trade.. seems to be formation of (B) is in process..Longby shrikantshindeUpdated 1
Edelweiss in Consolidation TriangleOperating in Consolidation Triangle.Will wait for the break out. Volumes seem low, Triangle completion expected LTP @ 174 Short term in this week, @166 To watch: How it breaks the triangle.Shortby saurabh12922
Rally for some time in EdelweissEdelweiss has been in Rally for some time. Has seen one consolidation triangle and forming second one. Volumes look promising for another burst post consolidation.Longby saurabh12922
Edelweiss - Investment Stock!Edelweiss Financial Services has taken long term support at the level 127 - 129. This script's growth is steady for two years. And its result is good. I expect this stock to gain 15 to 20 points in one year.Longby vanathiUpdated 6611
EdelwiessWe saw the bearish candle stick pattern, Dark cloud cover for Edelwiess. The recommendation was to short this stock . Today there was a tug between bulls and bears spinning top formation. In the end the stock has closed in positive territory. I missed the opportunity to buy at 138.40 early in the day (my offer was for 138.50). However, when I entered the bulls had already taken charge and the stock surged to 142 levels. I still had confidence in the bears and bought despite the strong uptrends the minute charts seemed to indicate. My overall price was for 139.42. Towards the end of the day the stock did not show much movement and volumes also died down. I was somehow able to offload at a small profit. During such trades it is important to act quickly and have clear targets and stop losses. The weakness the stock showed despite positive buoyancy in the market indicates my assessment for a short opportunity was justified. This stock will present further opportunities once the market consolidates.by Nar1
Edelwiess - Dark Cloud CoverThis is a classic pattern that has formed with Edelwiess. This dark cloud cover pattern meets all the criteria that you would look for while trading such patterns. 1. The previous white candle body is long 2. There is a recent spike in volumes in the earlier trading ranges 3. The previous white candle has a gapped up opening 4. Stochastics are at an overbought position 5. The dark candle opens much above previous days trading range On the lighter side, when stocks are featured in major news channels, it is a good time to take the opposite position in the markets.Shortby NarUpdated 1