Wedge

Crompton Greaves Falling?Technical (upgrade) Crompton Greaves Consumer Electricals has been sliding inside a falling wedge, but price is trying to base around ₹248-252 (teal support on your chart). A daily close above ~₹260–262 (wedge top/near-term trendline) would confirm a breakout and set up a move toward ₹275 first and ₹300 next If price fails and closes back below ₹248, treat it as a false start and expect the downtrend to resume keep risk tight in that zone. Fundamentals (quick, clean) Latest print showed mi

SAIL - Buy - Technical Analysis # Steel Authority of India Limited (SAIL) - Technical Analysis Report Current Price: 136.92 Timeframe: Weekly Chart Analysis Technical Setup Overview SAIL is presenting a compelling technical picture with multiple bullish indicators aligning for a potential significant upward move. The stock is currently trading within a well-defined rising wedge pattern and has recently formed a **Hidden Divergence** on the weekly chart - a classic trend continuation signal. Key Technical Observation

by earnwhileulearn

Strides Pharma - Volumes Backing a Breakout?Daily Timeframe Analysis The setup is heating up and now we’ve got volume profile data to back it. The price is hovering around ₹666.10, and it looks like it's building strength for a bigger move. 🔹 Key Observations: Price is compressing under a falling trendline (descending triangle or wedge). Strong volume node around the ₹650–₹675 zone. This means a lot of trading activity happened here — a key decision area. Fibonacci projections suggest targets as high as ₹984.00, which is a +40% upsi

Rising Wedge - Bearish setup 🔎 Overview The Rising Wedge is a price structure that develops during an upward phase where price continues to make higher levels, but the rate of advance gradually slows. The narrowing structure reflects weakening participation as price moves higher, often signaling exhaustion rather than strength. ------------------------------------------------------------ 📘 Concept A Rising Wedge is formed when price creates Higher Highs (HH) and Higher Lows (HL) inside a tightening upward channel.

by MarketAlgoBot

Sensex - Expiry day analysis Dec 17 The price faced resistance from the 84900 zone and fall towards the support at the 84500 zone. It broke 84500, and the bulls came to push the price up. This movement has formed a falling wedge pattern. The pattern is bullish, but the opening strength will decide the trend direction. The daily chart clearly shows how the price is facing resistance from the channel and is still bearish. If the price opens flat, buy above 84540 with the stop loss of 84400 for the targets 84660, 84780, 84960, 85080

Nifty Prediction for Tomorrow 18 December 2025 | Thursday support 25750, 25714 resistance 25930, 26000 bear trap. market might consolidate between 26000 and 25650 till expiry

Ingersoll Rand: When the Bullish Wedge Fails (Bearish Breakdown)The Setup Traders often look at Falling Wedges and blindly assume a bullish reversal is coming. Ingersoll Rand (NSE: INGERRAND) has just provided a textbook example of why "Assumption" is dangerous in trading. Instead of breaking out to the upside, the price has sliced through the Lower Support Trendline on the Daily timeframe. Technical Breakdown (The "Trap"): Pattern Failure: The stock was forming a Falling Wedge (usually bullish). The market expected a bounce from the lower support. The

by Risological_Algo

Heranba Industries: Why Falling Wedges Often Mark the Bottom The Setup Heranba Industries (NSE: HERANBA) has been in a corrective phase for months, but the structure has now matured into a classic Falling Wedge Pattern on the Daily timeframe. For those new to this pattern: A Falling Wedge is a bullish reversal pattern. It is characterized by "Lower Highs" and "Lower Lows" contracting into a narrower range. This contraction signals that selling pressure is exhausting and buyers are stepping in at higher relative lows. Technical Breakdown: Price Action

by Risological_Algo

#SILVER #Silver has given multi week consolidation breakout on MCX, there is high probability of it going toward that much awaited 6 digits mark very soon. The breakout also looks very health as it has consolidated well enough for quite some time near ATH resistance. RSI has also broken out of a particular triangle pattern and indicating a RSI range shift, which potentially means the momentum can be very high..

by aktradelearning

Eicher Motors Near the Edge: Wedge Tightens Eicher Motors has seen a strong advance in recent months, but the current price structure suggests the move may be losing momentum . Price is forming a rising wedge with higher highs and higher lows, where the lower trendline is rising faster than the upper one — a classic sign of compression and weakening upside strength . Despite price holding near recent highs, the advance has become increasingly overlapping, indicating buyer fatigue rather than fresh accumulation. Such behavior is typ

Hindalco: Terminal Wedge, Reversal Risk High Structural Context Initially, I considered the decline from 864 toward 770 as a standard ABC correction. But the drop from Wave 2 was far too sharp and drove RSI into deep oversold territory — behaviour that aligns better with impulsive price action. Because of this, the move is treated as a developing 1-2-3 rather than a corrective ABC. This adjustment also aligns perfectly with the broader structure: a completed Wave 3 at 770.15, followed by a three-wave recovery into Wave 4. Wave 4 Comple

ABB ABB is completed its correction and ready to make a all time high again. There will be breakout soon above trend-line. Above 5480, we can see sharp upside rally and all target will hit one by one. Good to accumulate on every dipper level and hold for the long time to gain good returns.

by isagar_chauhan_

Triple Base Wedge Setup 📌 Overview This idea highlights a contracting price structure forming inside a Falling Wedge while the support base remains protected three separate times. The repeated defense of the same support zone creates a Triple Base, indicating strong demand. As volatility compresses and candles tighten, price approaches a potential expansion point. A strong successive close above the wedge trendline can signal directional continuation driven by the triple-base foundation. -------------------------

by MarketAlgoBot

Rising Wedge pattern in Nifty Rising Wedge pattern in Nifty (SL daily candle close) Short Nifty below @25800 SL 26104 Target : 24365-23949 CMP 26306 @ Nov 27, 2025 Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.

by ChartMasteryHQ

Hindustan Petroleum Corporation Ltd – Weekly Chart AnalysisPrice Price has been moving inside a rising wedge structure, forming higher highs & higher lows over the past several months. Recently, the stock attempted a breakout above the wedge resistance but is now trading near the upper trendline, showing signs of pullback or retest behavior. Volume has remained moderate, suggesting the market is waiting for a clear direction. Now price action is at a decision zone — either a successful retest could resume bullish momentum, or failure may lead to profit-booki

by The_Chart_Couple

GOLD – 4H | Falling Wedge Structure Near Breakout Gold has been compressing inside a converging falling wedge , a pattern that typically signals waning bearish pressure and an upcoming bullish break. The structure has been developing for several weeks, with each swing clearly showing a loss of momentum from sellers and a stronger defense from buyers at progressively higher lows. The wedge is now approaching its apex, and price is pressing against the upper boundary. While this setup carries a bullish tilt, confirmation is still critical befor

Rising Wedge Pattern GAIL is forming a classic Rising Wedge pattern. The immediate targets can be nearest Support. A bearish Strategy can work well in this case

by nawghareharshad

#NaturalGas ($NG) Weekly Update — Trading at Breakout Zone CMP: $4.400 +54% from suggested levels and +58% from lows. 🚀 Price trading in the key resistance zone $4.339–4.417. WCB > $4.417 = Symmetrical Triangle breakout → Falling Wedge target: $5.246 🎯 🛡 Supports: $4.067 / $3.803 / $3.625–$3.572 🚧 Major Resistances: • ST: $5.125–$5.630 • LT: $9.35–$10.00 Tight structure… breakout looks close. 🔥 #NG VANTAGE:NG #NaturalGas #Commodities #PriceAction #SymmetricalTriangle #FallingWedge #ChartPatterns #Breakout 📌 #Disclaimer:

by Stocks_Mario

GK Energy GK Energy have long scale Poll and Flag Pattern. As per Fibo, it has 61.80% correction from the previous wale low and high made in that wave, which is All Time High. So, as per technical analysis, If this stock sustain above 210, Targets would be 219-239. So, now here 239.60 is ATH, so what it can do? So, if sustain above 240, we will see 288 which is almost 60% upside from this wave. Accumulate on every small dip and wait for the target.

by isagar_chauhan_

Nestle India – Retest Before the Final Push Higher Nestle India appears to be unfolding a clean five-wave impulsive structure. After a powerful Wave 3 rally backed by strong volume expansion, the stock has entered a typical mid-trend pause — a falling wedge consolidation representing Wave 4. The correction has so far retraced near the 0.382 Fibonacci level around ₹1,247, perfectly aligning with the prior breakout zone from Wave 1 highs. This overlap suggests that the current dip is more of a healthy retest than a trend reversal. As long as the

Jio Financial Breakout Watch –Wedge Setup Points to ₹356+ Target Jio Financial Services is currently presenting an exciting opportunity on the charts, with a wedge breakout setup forming after months of consolidation. A wedge is a bullish pattern that typically signals a reversal or continuation of an uptrend, especially when supported by rising volumes and strong market sentiment. The price has been compressed within a narrowing wedge since August, bouncing between a down-sloping resistance zone and a strong ascending support zone. Each dip has been met wit

#NaturalGas ($NG) Weekly Update — Testing Critical Resistance!CMP: $4.092 💥 Up +38% from mentioned support ( $3.013–$2.956 ) and +46% from lows in a month . 🚀 The falling wedge breakout played out strongly, and price is now testing the critical resistance of the falling yellow trendline near the previous swing high $4.067 . A weekly close above this trendline will confirm a major breakout , potentially triggering the next leg higher. 📊 Key Levels: 🛡 Supports: $4.067 / $3.013–$2.956 / $2.692–$2.643 🚧 Resistances / Targets: $5.125–$

by Stocks_Mario

CDSL Breakout from Falling Wedge – Can It Rally to 1830+?CDSL has recently broken out from a classic falling wedge pattern, a bullish technical setup that often signals a trend reversal or continuation of the broader uptrend. After months of being compressed between a descending resistance and a well-established support line, the stock has now pierced through the upper resistance zone with notable bullish momentum. The wedge had formed over several months, creating lower highs and relatively equal or slightly rising lows. The pattern was further supp

SPX500 – 2H: A Leading Diagonal from the Top?The S&P 500’s 2-hour chart may have just carved a leading diagonal right off the all-time high — a structure often seen at the start of a major new trend. Each leg fits the contracting wedge geometry: Wave (1) and (4) overlap, Wave (5) throws slightly under the boundary, and momentum stays fierce through the end — almost too fierce for comfort. What makes this one interesting is the absence of RSI divergence at the final leg. That raises the question — is Wave (1) really done, or does it have