Rising wedge chart pattern with price consolidating in a small range.
A good opportunity to short nifty with negative bias 1:1RR intraday.
Head and shoulder breakdown with volume. For educational purpose only.
Long Shree Cement for good RR. Possible ascending triangle breakout above 24300.
A breakdown possible of the pattern and if sustains below 535 could trigger target of 520 with SL at 543.
Can go short for targets below 2100. Keep Sl at 2132 if any gap up tomorrow.
If any reversal candle pattern appears at channel resistance cn go short with good RR with targets at around 16600
A cup and handle formation can go short on breakdown of wedge or at cmp with Target 1 : 590 and SL : 626
Respecting Fib levels on a pullback inside the rising wedge a good opportunity to short with targets of 3040,3000 with SL above the pattern structure.
H&S pattern on 4hr timeframe. A breakdown may trigger downside till the bottom of pattern.