Wedge

nifty near all time high but ...nifty cmp 18226 yesterday made 18864.70 previous all time high 18887.60 what next ? technical setup : rising wedge pattern stochastic rsi at 100 weekly highly overbought index perfect rising wedge pattern in weekly setup with price near trend line resistance . weekly stochastic rsi at 100 is indicating highly overbought indication too its good setup to sell with minimum stop loss above trend line close targets given are bold but as per pattern trade with minimal stop l

by HARMONICSANAND

BANKNIFTY -1H | NEXT EXPIRY VIEW?Hello Traders, Welcome to Oneshot Traders! BankNifty given good movement as we expected and made good profit in today's expiry trades. Now, What Next? As BankNifty still holds the support level 43400, I Have 2 Interpretations in my mind for next movement in banknifty. 1. The pattern looks like a HEAD AND SHOULDER PATTERN. To complete this pattern it should break the 43400 level to complete this Pattern. 2. Forming a FALLING WEDGE PATTERN. Here also the same, the price should move down to th

by Oneshot_Traders

Infy - wedge pop Long - cmp sl - below 1290 large cap IT names have underperformed and consolidated for a while, in a strong bull market, sector rotations occur often from extended sectors to underperforming ones

Big Buy in ETH ETH has given breakout of falling wedge in Daily Time frame . Emtry SL target given in chart

Get ready for BTC breakout BTC - After bouncing from 25000$ Trendline support and horizontal support zone, it is testing falling wedge (upper yellow Trendline) . Keep an eye on falling wedge breakout and retest. Entry, SL, Target given in chart Thanks

BANKNIFTY -1H | What Next?𝗛𝗲𝗹𝗹𝗼 𝗧𝗿𝗮𝗱𝗲𝗿𝘀, 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗢𝗻𝗲𝘀𝗵𝗼𝘁 𝗧𝗿𝗮𝗱𝗲𝗿𝘀! BankNifty given good movement to our levels posted yesterday. Made good profit in today's trades. 𝗡𝗼𝘄, 𝗪𝗵𝗮𝘁 𝗡𝗲𝘅𝘁? As BankNifty moving to our previous supply zone (43912 - 43976). Here are the both side Important Levels: RESISTANCE: 43976 | Reversal Zone: 43926-44100 SUPPORT: 43815, 43700, 43500 As per open interest Biggest resistance at 44000 and biggest support at 43500 I'm still stick to my previous 3 Interpretations which I posting from Mond

by Oneshot_Traders

TCS - Future Looks like the formation of rising wedge chart which means TCS share soon be going down! Will make short position on breakdown.

NIFTY50 - 1H | RISING WEDGE!!!𝗛𝗲𝗹𝗹𝗼 𝗧𝗿𝗮𝗱𝗲𝗿𝘀, 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗢𝗻𝗲𝘀𝗵𝗼𝘁 𝗧𝗿𝗮𝗱𝗲𝗿𝘀! I'm waiting for this day from long time, I feel it's time NIFTY50 Formed a Rising Wedge Pattern In Higher Time Frames. But, Its not confirmed at. Here the Important levels which decides nifty50 for coming days. If Market moves ABOVE 18798 it is still in buying zone and the Target is 18879 If market breaks 18719 and trades below it we can confirm the break down from rising wedge and can go for selling. Targets for selling side are 18672, 18627, 18

by Oneshot_Traders

Get ready for BTC pump BTC -after bouncing from 25000$ Trendline and horizontal support zone, keep an eye on Falling wedge (upper yellow Trendline) Entry can be taken buy side Once breakout and retest is done as shown in chart

APT moves in FALLING Wedge Pattern APT 1-day Chart Analysis As per daily basis chart Analysis of APTOS is moving into Falling Wedge Pattern, from January after launching of this Token, means continue in Downtrend, but as par falling wedge bullish signals, after July it will be start moving again in Bullish mode, before that it will goes under Bearish Zone in July with Last Lower-Low Cut-off point at $3.8 to $4.2 approx. Always #DYOR before investing in Crypto. Trade Wisely with using of #StopLoss always. also must LIKE, COMMEN

by AskToRahulSirohi

HEMIPROP HEMIPROP:- The stock has formed a falling wedge pattern, which has given a breakout, if the stock sustains above 101.50, we may see a movement to the upside. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. kee

by AjayDhakad_Keep_it_simple

Greenply Ind. Swing Trade Idea Green ply Ind. showing a Better Swing Idea for upcoming time

Nifty spot - hourly -Raising Wedge Nifty spot hourly chart found Raising wedge pattern, found double top. Entry, target and stop loss updated in the chart

MEDPLUS LOOKS GOOD WITH A BREAKOUT OVER RESISTANCE LINE WITH VOL MEDPLUS has price action has given a Breakout over a long term resistance line at 781.35 on 26-May-23 and this happend the day after the Financial results for FY. Taking the length of the Wedge (about 200) and the past Resistance/ Support Levels, there is a potencial for Entry Above 781 for a long trade StopLoss: below 720 Target 1: 858 Target 2: 948 Note: I am not a professional trader or advisor. This is just to share my study/ analysis. Any actions by you should be based on your independen

GLENMARK GLENMARK:- Stock has given breakout, if you want to plan something then let the price come back to 620 then 621, do it after that, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay.

by AjayDhakad_Keep_it_simple

TVS MOTOR ASCENDING WEDGE BREAKOUT TRADE - BUY TVS Motors have formed an ascending wedge pattern on the daily timeframe with 2 contact points above and 3 contact points below Yesterday it has broken out of the pattern with gap-up which acts as a very strong confirmation of the success of the trade Although no volume surge is present but RSI is present in OVERBOUGHT zone indicating that the momentum is very strong for the stock right now which in turn is a boon for the stock which would give the push for the stock to rise TP is set a

Ramco System Falling Wedge Breakout RAMCOSYS- CMP 261 Weekly Chart Falling Wedge Breakout Support- 230 Resistance- 300/375/475/525

#nifty -NYKAA light at the end of tunnel?NYKAA after long down trend is attempting to reverse with a wedge pattern. Will breakout hold?

Banknifty -1Hour | Sure shot Entry As we posted banknifty anylysis yesterday we executed the trade as per our levels which worked perfectly and captured 200 points in todays(08-06-23) market. This Analysis is continuation to the previous analysis. As Market closed at 43995, If we apply Fibonacci levels on todays movement 44144 to 44182 is the retracement zone. Where there is a high probability for a reversal from that zone. If market moves up to 44144, will wait for bearish candle to form near that zone and then we can take a

by Oneshot_Traders

Banknifty - 1Hour My view looks like rising wedge. comment down your opinions. My Sell Entry Below 44144

by Oneshot_Traders

MCX triangle pattern breakout in the upper trend line MCX gave breakout on the upper side. Looks good for go long. My First target will be 1530. Second target is 1630

by Kaveena_Muthukannan

Bharat Petroleum, Bullish The stock has been in sustained downtrend since 2021, forming rounding bottom pattern. The correction in the stock price after dividend payout got extended further upto 298 levels. There is also small rounding bottom pattern inside the major one along with rising wedge pattern which is likely to breakout soon. The levels are shown on the chart, for educational purpose only and are not any trade recommendation.

Massive Inverted Head & Shoulder Break in Cignittec weekly chart A massive Inverted Head and Shoulder breakout is about to happen any time on closing basis, above 635 for a target of 900. I will mention the Stop loss After completion of the successful breakout. I will keep you posted. Please share your thoughts/opinions....very important to me.....

Bottom Triangle - Bottom Wedge Shemaroo The price has reached a point where it appears to have hit a bottom and is now showing signs of a potential reversal. This is indicated by a pattern known as a Bottom Triangle, which involves two trendlines converging as prices form lower highs and higher lows. During this phase, the trading volume tends to decrease as the price fluctuates within a narrower range, reflecting market uncertainty. However, before the triangle pattern reaches its apex, there is a significant breakthrough

by hardeepssethi