Wedge
Rising WedgeAs Per the Raising Wedge Pattern if it Breaks Mother Candle Low then Pattern Will be Activated & Breaching the 43390 Level will Confirm the Downside Move, Else if Trades Above Todays High & Closes Above 44391,44500 Level then We Can See 1000 Points Rally. But Pattern is Suggesting the Reversal on Card...And Todays PA & Formation of Candle Giving Support to View..
AMI ORGANICS LTDMarket Cap- 3,613 Cr.
Promoter holding 39.4 %
Stock P/E 48.4
Industry PE 24.9
ROCE 23.7 %
ROE 20.9 %
OPM 19 %
EBIDT growth 3Years 36.5 %
EPS 20.5 vs 19.8 vs 17.1
FII's (Sept 2022 vs June 2022 vs March 2022)
5.76
ALong
Falling Wedge Breakout In AGS Transact Technologies LtdFalling Wedge Breakout is seen in AGS TRANSACT with volume and the momentum has been seen as well.
Quarter 4 Results are due today i.e. 26th May 2023 but this call is purely on Technicals!
Entry at 58.5 to 59 and Targeting around 73 with Stoploss of 49 to 50 on Weekly Closing is good for a Swing Trade.
Ideally Targets are bigger if we go by Technicals but we are here for swing so a decent returns of 20 to 25% is more than enough.
This is my first post/ idea on Tradingview, if I'm Missing someth
FALLING WEDGE BREAKOUTHere I am sharing the daily chart of Sudarshan chemical it is looking that it created a falling wedge pattern now breaking out from that pattern and gives a proper breakout with a good volume jump in it so we can see coming bullishness in this stock for the targets of 423 and 450 in coming sessions stop should be consider below the upper trendline of falling wedge on daily candle basis.
TARGETS
Bandhan bank bouncing from a supportBandhan bank is continuous downtrend and currently, we can see a bounce from its strong demand zone of around 200 levels.
The stock is forming higher lows in smaller time frame.
Looks like a good swing stock for targets of 250 and above. 235 might also act as a small resistance.
Keep in watchlist. Trade as per your own analysis as this idea is shared only for educational purposes.
banknifty 24th may rising wedge and double top bank nifty is forming rising wedge pattern (blank line) and double top (M) green line and there is a strong support trendline. If the support trendline is broken at 43888 level then possibility of reaching 43333 is high. if it takes support at 43888 level then market might retest and try to break all-time high.
Don't be bullish or bearish trade with the market direction.
Buy above 440057(43900 CE) Target 44132,44282,44410,44550.
Sell below 43766 (43800 PE) Target 43579,43465, 43333.
#SIEMENS Rising wedge & hanging man formation Siemens on weekly timeframe is forming a rising wedge formation.
It is also formed at the top of the rising channel in which Siemens has been trading from quite some time, generally such formation are formed as ED formation in EW and can be a signal of truncated 5th in its impulsive wave upmove.
Although, this post doesn't deal in great detail with EW wave marking but an indicative wave counts are marked as well.
Weekly chart is also showing a negative divergence and longs need to be cautiou
nifty 19th may W-pattern and failing wedgeNifty is in failing wedge pattern if it sustains above 18210 then possibly it can reach 18414 level and there is another indication of W pattern or double bottom forming if it breaks the same level(18210) then it can reach 18418 level easily. From the Feb speed resistance fan it is taking support at 0.382 level(18110) and if it breaks then 18004 is the next support(0.5 level) and if it takes supports at 18110 level then possibly it can reach 18417 level.
I would suggest being neutral and go w
Trendline Wedge BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Clean science falling wedge breakout on weeklyBuy clean science for longerterm
ABOUT
Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole).
KEY POINTS
Product Segments & Revenue split FY22
Performance chemicals (70%): 4 key products are MEHQ, BHA, AP and TBHQ.
Geography-wise Revenue
BankNifty - Unveiling the Magic of Wave Analysis Near ATH-44151Introduction
In the world of financial markets, technical analysis plays a crucial role in understanding market trends and making informed investment decisions. One powerful tool in this domain is wave analysis, which has proven its accuracy time and again. In a recent BankNifty analysis, wave analysis beautifully predicted the index's movements, providing traders with valuable insights. This article will delve into the fascinating details of this analysis, its striking coincidence with the ac
BankNifty Tidal Wave- Ride or Crash? 15th May 2023Welcome back to another episode of Wave Talks. Bank Nifty's Tidal Wave -Ride or Crash: Index can face a significant shift with the unfolding ending diagonal. Will you ride the wave to profit or crash on the shore? Unfolding wedge pattern
It's time to reconsider Bank Nifty's pattern as it poses a risk. Let us discuss in details price objective & outlook for next few weeks with key & critical levels for better risk management.
Last Idea - BankNifty's Danger -Is this a rising wedge























