Wedge

Midcap bearish angle Midcap nifty clearly has bearish angle in 1D 1H timeframes. I only consider it bearish ones it start giving closing below the channel levels. But keep an eye whenever these triggers it will give bigger trades. Please keep following the below updates which i do on regular bases. If any changes in the plan you will get glimps of it. Also market is so unpredictable now a days. I mostly try to capture big trends but always prefer small trades enter & exit as i am a option buyer. Keep this in mind.

BANK NIFTY - TIME TO SELL & RUN AWAY ?Symbol - BANKNIFTY CMP - 51720 BANKNIFTY is following a rising channel & headed towards its higher end. Currently It is trading 51600 - 51750 & trying to break it on upside. According to my analysis, BANKNIFTY will face strong resistance around round level 51500 - 52000 which is also upper end of the rising channel. In case it breaks it on upside, A breakout fail scenario is highly likely. I'm expecting Nifty Bank to show a reversal from these levels & It may witness a strong profit booking.

by akshit_official

Bombay dyeing- Breakout might be coming soon Bombay dyeing is looking strong to give a multiyear breakout. If breakout is successful, we might see explosive moves in this stock. Hence, prebreakout entry is always beneficial since we get better risk reward as well. Medium probable setup and bad technicals of company are red flags which makes this idea more riskier. Not a recommendation, just a personal opinion.

by chartistamey

Banknifty - Leading Diagonal Scenario (Fall 51800 to 51000)As we discussed in the Sunday Video... This is the alternate scenario of waves unfolding & if Index faces resistance in 51800-51900 zone, it can slip & complete the proposed 5th wave of an unfolding leading diagonal downside. Strictly ------No Sell ---------Above 51800 --------------------------------------------------- Downside Target - 51000 Approx. From WaveTalks Abhishek

Bank Nifty Bullish Intraday Setup 24 June 2024 Please refer the chart. Long Entry Trigger Point - 51600 Stop Loss - 51406 Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions..

RUSHIL DECOR BULLISH BREAKOUT Its a bullish wedge breakout. breakout is happened after a long consolidation with huge volume

Bata India Flag pattern Bata India chart Formed Flag pattern after the wedge breakout.Wait for the breakout of flag's SnR.

by SOORAJKOLLAM

Bank of Maharastra Making Rising Wedge Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.

Bitcoin - Classic Flat-Screaming for 72000 Target Upside Elliott Wave Flat Sequence with Wave C Ending Diagonal In Elliott Wave Theory, a flat sequence typically consists of three waves: A, B, and C. The pattern is generally labeled 3-3-5, indicating the wave structures. Wave A: A corrective three-wave move. Wave B: Another three-wave corrective move, often retracing Wave A by 90% or more. Wave C: A five-wave move, which can unfold as an ending diagonal. An ending diagonal in Wave C indicates a slowing momentum, often signaling a reversal. The e

STEELXIND Channel & Falling Wedge BreakOut Steelxind had earlier given a channel breakout on 1D timeframe with higher volumes. It started consolidation after breakout and is now attempting to breakout from a falling wedge pattern on 1D timeframe. Go long after bullish closing confirmation. Follow stop loss rules.

Bandhan Bank -Potential Breakout in Progress (Upside Target-430) I suggested somewhere that market participants should start looking at this stock and hold it in their portfolio with an upside trigger of 265 and a final target of 430, to be reviewed later. No surprise – the stock has started moving from our desired zone of 155-175. What a low 169 . Will it cross 265 and later 430? Only time will tell. Pattern: Falling Wedge (Similar to Adani Wilmar as discussed earlier) Such patterns swiftly move towards its starting point. In this case it is 430

VINATI - LARGER WAVE - BREAKOUT - BULLISH - LONG TERM Hi Folks, Vinati organics has been in price as well as time correction since September 2022. Almost, corrected for 2 years and maintained a falling wedge, cooling off RSI on weekly and Monthly timeframes while correcting for almost 700 points. Fundamentals Stocks in chemical/speciality chemicals sector are mostly sitting on operational capex with stable Margins, good order book and good PAT figures YOY. PE de rated and cooled down to their MEdian PE as compared to 2021 levels where it zoom

by KunalSaxena10

ADSL BULLISH BREAKOUT Its a bullish wedge.Breakout is happened after a long consolidation with good volume.

ACTION CONSTRUCTION - Swing Trade Analysis - 19th June #stocks ACTION CONSTRUCTION (1D TF) - Swing Trade Analysis given on 19th June, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓ * Disclaimer

by TradeRyteStockz

Apollo tyre Apollo tyre wedge formed.Buy if upside resistance line breakout and sell if downside support line break.wait for 5 minute to be form.

by SOORAJKOLLAM

CANFINHOME - RISING WEDGE FORMATION WITH HORIZONTAL RESISTANCE Price Action has broken the horizontal supply zone residing inside the rising wedge formation since Apr 19. Price can reach upper channel in next 3-4 months (12-16 weeks)

by Stock-n-Shine

Vedant Fashion Upside Vedant Fashion / Manyavar - Long for 20% - Multiple Technical Indicator - Manyavar Breaking Falling wedge pattern - Turn around with RSI Divergence - 20% upside target - buy 945 Disclaimer:- Investments in securities are subject to market risk. Everything I discuss here is for educational purpose. I am sharing my personal view as a trader / investor. Please consult your financial advisor before taking any decision.

by anuppadhye999

Great Shorting opportunity in ABB ABB is around the Long Term Resistance ABB is up almost 1200% in last 4 years ! Which is very extraordinary. If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance. Resistance is coming around 9200-9300 Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance. Right now stock is around 9200-9100 and if stock falls from the highs then we can ex

INDIAN HOTELS - Swing Trade Analysis - 8th June #stocks INDIAN HOTELS (1D TF) - Swing Trade Analysis given on 8th June, 2024 Pattern: FALLING WEDGE BREAKOUT - Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: - Because of Fridays crazy move in the Nifty, there might be a pull back till the Trendline so ensure correct position sizing - If not, then it automatically gives us a small SL and you can pyramid into as it rises * Disclaimer

by TradeRyteStockz

𝗚𝗥𝗘𝗘𝗡𝗣𝗟𝗬 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸 𝟯. 𝗚𝗥𝗘𝗘𝗡𝗣𝗟𝗬 ➡️trendline breakout ➡️wedge breakout

by TradingBanker

𝗧𝗜𝗥𝗨𝗠𝗔𝗟𝗖𝗛𝗠 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸 𝟮. 𝗧𝗜𝗥𝗨𝗠𝗔𝗟𝗖𝗛𝗠 ➡️trendline breakout ➡️wedge breakout

by TradingBanker

FinNifty weekly expiry analysis for 18/06/2024.FinNifty has been trading in a rising wedge pattern in the last week and has closed around the resistance levels. Tomorrow is the weekly expiry of the index and chances of a trending move is there as the market has consolidated in a narrow range. In the last trading session, finnifty has consolidated in a 40 points range after the hour of trading. Markets were close for 3 days and probability of a gap up/down are high. If there is a flat opening in the range, break out or break down can be tr

by TheMamboMomentum

Good conformation Good volume buildup in daily and weekly timeframe. Highest ever volume buildup in the last one year. Earlier price has also taken support on 200EMA, indicates the stock is in uptrend. Price has given the breakout of head and shoulder pattern that is forming inside the wedge channel with good volumes. NOTE: I do my analysis, do yours before trade.

GORREJ PROPERTIES - SHORT CANDIDATE For last 1 year Godrej Properties has been in a rising wedge channel Price is at the top range of the channel & it fell in the last trading day It can be shorted or put can be bought in case of FnO

by Stock-n-Shine