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Wedge

Bank Nifty - Up, Up & Away ( 1000+ points) -Move RepeatsDisclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? Bank Nifty went up again, just like before, this time 1000+ points today 31st Jan 2024. It went down a bit first to 45071, retracing 50% of 44429 to 45660 upside move as expected & gave second buying opportunity & then shot upside holding true to our expectati
NSE:BANKNIFTYLong
by WaveTalks
8
ZENTEC - Continuation Wedge (Bullish) Pattern A "Continuation Wedge (Bullish)" chart pattern formed on Zen Technologies Ltd ( NSE:ZENTEC ). This bullish signal indicates that the stock price may rise from the close of 742.15 to the range of 842.00 - 920.00. Supportive Points: -After a temporary interruption, the prior uptrend is set to continue. -Also there was a gap on 7th Aug 2023 which was filled on 26th October 2023. -Pattern formation took roughly 71 days, so target will be sooner or later than 71 days. -FII has Increased Qty - Y
NSE:ZENTEC
by hardeepssethi
Bank Nifty-Post Wedge Crack from 45500-600 - Buying Opportunity?Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? As discussed over the HDFC Idea Got an explosive upside move in Bank Nifty & pattern looks to be terminated downside with a falling wedge. Post wedge- Bank Nifty jumped 1231 points appx. As updated recently we were looking for 1500+ points as logical targe
NSE:BANKNIFTY
by WaveTalks
Continuation Wedge - Bullish PatternA continuation wedge , is a technical analysis pattern found in daily chart of MTARTECH. Let's delve a bit deeper into the components and dynamics of this pattern. Bullish Continuation Wedge: Shape and Structure: Trendlines: A bullish continuation wedge consists of two converging trendlines that slope downward against the prevailing uptrend. These trendlines create a narrowing price range, forming a wedge shape. Market Psychology: Temporary Interruption: The wedge pattern represent
NSE:MTARTECH
by hardeepssethi
Jupiter Wagons Ltd forms bullish "Continuation Wedge" "Continuation Wedge (Bullish)" chart pattern formed on Jupiter Wagons Ltd ( NSE:JWL ). This bullish signal indicates that the stock price may rise from the close of 309.50 to the range of 348-380. The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financi
NSE:JWL
by hardeepssethi
SATIA INDUSTRIES, Fast growing but still Undervalued Paper stockSATIA Industries is looking good on weekly chart... CMP 145.. Chart attached shows good position building.. Its a weekly chart and candle is not closed, So I am kind of preempting further move. SL below 131 DCB for short term trade, and 114 for positional/medium term trade. Fundamentals are very good for this company and hugely undervalued. CWIP+Just completed expansion will contribute to more than 20% in next year's revenue... PE is just 6 and intrinsic value of more than 360 as per screener.
NSE:SATIALong
by Abhi_Katkar