EDELWEISS trade ideas

sethinomics Updated 

Edelweiss hourly chart- Stock is now sustaining above 250 after consolidating below that for last 2 weeks. Breakout of range between 235-250.Any small dips colase to 250 can act as entry point. First target 265. 20 EMA can be used as trailing SL.

UnknownUnicorn646072 Updated 

trends

AJAYSHARMA

1. It is a monthly chart . 2. The scrip moved above the 1.618 projection in minor wave 3 projection of 222 . So the next stop on its journey is 2.618 extension i.e 307 .With resistance at 245 . 3. It is in the zone of 3 of (3) of ((3)) at 2 degrees higher . 4. Highest RSI in over bought zone proves point 3. So the following can be concluded a. For people not...

HarshShivlani Updated 

Wait it out, strike while the iron is hot!

Aaravkaycharts Updated 

Stock is in UPTREND shown reversal..can be shorted with Target of 195/193/191 with SL 200

HarshShivlani

Everything in chart. Go long only on a good volume breakout in this 15min chart. Good luck.

HarshShivlani

Weekly 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.

HarshShivlani

Everything in chart. Target is depth of the pattern. Could keep SL around breakout area. RR is almost 5. Suggestions/opinions welcomed.

shrikantshinde Updated 

After completion of 5 impulsive wave, Edelweiss correcting which gives opportunity to trade.. seems to be formation of (B) is in process..

saurabh1292

Operating 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.

saurabh1292

Edelweiss has been in Rally for some time. Has seen one consolidation triangle and forming second one. Volumes look promising for another burst post consolidation.

vanathi Mod Updated 

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.

Nar

We 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...

Nar Updated 

This 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...