Wedge

Nifty - Weekly Review Sep 1 to Sep 5 Price action has formed a falling wedge pattern in Nifty. The falling wedge pattern is bullish, and sustaining a price above 24500 is crucial. The zone 24400 to 24500 will act as a choppy zone. Buy above 24520 with the stop loss of 24460 for the targets 24560, 24620, 24680, 24720, and 24760. Sell below 24380 with the stop loss of 24430 for the targets 24340, 24280, 24220, 24160, 24120, and 24080. The main trend is bearish, and the minor trend is bullish unless bulls show their strength. Always d

Bank nifty Rising wedge pattern.Pattern Analysis Rising Wedge Pattern: A bearish pattern typically seen near tops. It shows narrowing price movement with higher highs but declining momentum. Breakdown confirmed as price has fallen below the lower wedge support trendline. Confirms selling pressure and rejection from the top near 57,300–57,500 zone. 🕯️ Candlestick Signals Dark Cloud Cover: A bearish reversal pattern indicating sellers have taken control after a bullish phase. Big Red Candle + ‘M’ Pattern: Bearish engulfing a

by tradetechnicalanalyst

LICHSGFIN Price is forming a falling wedge. A falling wedge is a bullish pattern. Since the overall market sentiment is bearish, we will discuss bearish movement. Price can have a pullback or fall from the current price. In case of a pullback back if there is any bearish sign at the 554 - 556 zone, sell below 554 with the stop loss of 559 for the targets 549, 544, and 539. No pullback and down trend continues, then sell below 548 with the stop loss of 553 for the targets 544, 538, and 532.

NG : A FALLING WEDGE BREAKOUT WITH 1:7.5 RR • NG was in downtrend and in a falling wedge for last 2 months • Today It successfully retest the upper trend line of the wedge and confirming the BO • A trade with 1:7.5 RR • SL and the T1 and T2 mentioned in chart. • Educational purpose only. Happy trading.

by trader_ghosh

Navneet charts look good breakout Books seasons are near exams and fun good vols and breakout.

by tapadiyashreyash

Rising Wedge in Gold Bearish divergence visible in RSI & MACD Volumes thinning out on rallies Suggests safe-haven demand cooling ⚠️ Watch for breakdown below support — could trigger deeper correction.

XAUUSD : FALLING WEDGE BO • XAUUSD was moving in FALLING WEDGE channel from 5TH AUG. • A BO happens in last hour where market closed above the falling wedge • Long with a sl of 3331 • Take profit should be 3400 • A 1:5 RR • Idea is for educational purpose and explore the price action learning with trading psychology. • Have fun traders!!! 😊

by trader_ghosh

M&M _ Rising Wedge Formation 📊 M&M – Technical & Educational Snapshot Ticker: NSE: M&M | Sector: 🚙 Auto CMP: ₹2,7XX (as of 16 Aug 2025) Rating (for learning purpose): ⭐⭐⭐⭐ Pattern Observed: 📉 Rising Wedge Formation (Bearish Reversal Case Study) 🔑 Key Reference Levels (For Learning) Support / Breakdown Zone: Lower wedge trendline Resistance / Rejection Zone: Upper wedge trendline Bearish Projection (Case Study): ~₹2,410 Bullish Continuation (Alternative View): ~₹3,300 📌 Pattern Observations ✅ Price forming higher highs & h

by simpletradewithpatience

NIFTY BREAKDOWN CONFIRMED | BEARISH TARGETS ACTIVE!Nifty has already broken down from a well-formed descending wedge pattern on the 4-hour timeframe, backed by a strong volume spike — a classic sign of institutional selling pressure . Additionally, the MACD has turned decisively bearish , further confirming the momentum shift to the downside . TRADE SETUP (ACTIVE IDEA) • Status: Breakdown already confirmed • Target: 24,177 • Stop Loss: 24,594 • Risk-Reward: Favorable short setup post-breakdown TECHN

Hdfc gearing up for pullback 1900 and more to follow HDFC bank has enjoyed Almost 6 months of uptrend. Looks over stretched without a pullback 1900 1850 1800 could follow in days to come. RSI on Weekly showing Bearish Divergence.. Below 1996 Shorts could get aggressive

Dr. Reddy’s Breakout + Bullish Stochastic + Volume Surge = ₹1307 🔍 TECHNICAL HIGHLIGHTS: 📉 DESCENDING WEDGE BREAKOUT: Price has decisively broken above the wedge resistance, signaling a trend reversal. 🚀 GAP-UP OPENING: Signals aggressive buyer interest and bullish sentiment. 🔄 STOCHASTIC OSCILLATOR: Fast %K line has crossed above the slow %D line in the oversold zone, indicating momentum is shifting to the upside. 🔊 VOLUME SURGE: Heavy volume during breakout confirms strong buying pressure and likely institutional participation. 🎯 TRADE S

KAYNES TECHNOLOGY IND LTD – Technical Analysis ________________________________________ 🧠 KAYNES TECHNOLOGY IND LTD – Technical Analysis Ticker: NSE:KAYNES | Sector: EMS & Semiconductors Current Price: 6,172.00 ▲ (+9.5% on July 31, 2025) Technical View: ⭐⭐⭐⭐ | Chart Pattern: Falling Wedge Breakout ________________________________________ 📈 Technical Overview 🔹 Chart Pattern Formed: Falling Wedge Breakout with extremely high volume confirmation 🔹 Breakout Zone: 6,000–6,050 🔹 Momentum Signals: — RSI breakout above 60 — Strong bullish candle wi

by simpletradewithpatience

Rising Wedge Breakdown — 54,252 in Sight?#BankNifty View: CMP: 56,528 BankNifty has broken down from a Rising Wedge pattern — a bearish signal. After a brief retest of the breakdown level, price has resumed its downward move. Daily close below 56,205 will gather fresh momentum. 🔑 A daily close below 56,205 could trigger fresh downside momentum. 🔻 Support Zones: • 56,283 – 56,080 • 55,580 – 55,530 • 🔑 Key Supports: 54,470 – 54,375 & 53,600 – 53,580 🔺 Resistance Zone: • 57,312 – 57,365 🎯 Pattern Target: 54,252 This a

by Stocks_Mario

Hudco : Long with support 210 to 360 Keep adding small quantity on every dip of Hudco for 1-2 years.. It will touch 360 . There is support and demand zone 240-210.. Stock will consolidate in this range for few months, so have patience, good things take time. 👍

by Global_Growth_Mentor

Bharat Rasayan–Falling Wedge Breakout with 39% Upside Potential!Hello Everyone, i hope you all will be doing good in your life and your trading as well! Today i have brought a post which is on Bharat Rasayan – a classic case of a falling wedge breakout. After staying in a falling wedge pattern for nearly 10 months, the stock has finally broken out with a strong bullish candle and a clear volume spike. This breakout zone (9900–10200) also aligns with the downtrend line, making it even more valid. The best part? This has participated in rally yet, means the

by TraderRahulPal

JSW Energy: forming a ascending triangle JSW Energy: forming a ascending triangle. CMP 531. Breakout at sustained close above 540. Resistance 578/646/724/794 Support 515/508 Earnings expected on 14Aug25

by Pratik_SmartEye

A Bullish Continuation Wedge + Elliott Wave In NSE:ZENTEC the upward movement is likely to resume. 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 financial advisor before taking any trade

by hardeepssethi

NIFTY Technical Breakdown – Rising Wedge Pattern 🔻 NIFTY Technical Breakdown – Rising Wedge Pattern The Nifty 50 has broken down from a rising wedge pattern on the daily timeframe, a bearish reversal formation that often signals distribution at the top. 📉 Key Observations: Rising wedge breakdown after extended rally RSI bearish divergence confirming weakness MACD crossover turning negative Volume gradually decreasing during the rise, indicating exhaustion ADX flattening, showing weakening trend strength 📌 Support Levels to Watch: 23

GOLD (XAUUSD) 4H Analysis – Breakout Imminent from Rising Wedge!Gold is currently trading at 3353.39 after completing a well-defined ABCDE rising wedge structure on the 4H chart. The market is showing signs of exhaustion near the 3353–3373 resistance zone, with a potential bearish rejection likely to follow. 🔍 Key Highlights: Pattern: Rising Wedge (ABCDE complete) – a classic bearish reversal setup. Sell Zone: 3353.88 to 3371.62 – Expect high volatility and sharp rejection. Target: 3296.36 – Marked as the first major support zone. Risk Management: Stron

by Chandigarh_trades

Bank nifty correction start now?Bank Nifty Current Price: 56,791.95 (Spot) Bank Nifty has reversed lower from the resistance trendline, confirming selling pressure near higher levels. A Dark Cloud Cover candlestick pattern combined with an emerging M-top formation indicates potential short-term bearish sentiment. It can short here or any bounce use as shorting opportunity for target 56,056 Major resistance is 57,400-57,700 The index is forming a rising wedge pattern, a bearish structure suggesting potential for deeper cor

by tradetechnicalanalyst

Tech Mahindra Consolidates in a Wedge After Strong Support at Ke Topic Statement: TechM has been stuck in a consolidation zone, rebounding from strong support levels and forming a wedge pattern that may signal an upcoming breakout. Key Points: * The stock corrected up to the 30% Fibonacci retracement level, finding strong support around 1314 * It touched the 200-day moving average, which acted as a support and triggered a rebound * The candlestick formation resembles a wedge, clearly marked on the chart with blue trend lines, indicating potential for a decis

CAMS – Rising Wedge in Focus ________________________________________________________________________________ 📈 CAMS – Rising Wedge in Focus 🕒 Chart Type: Daily ________________________________________________________________________________ What’s Catching Our Eye: CAMS is forming a Rising Wedge, a technical structure that often leads to strong directional moves. The price is nearing the upper boundary of the wedge, indicating possible breakout or reversal. This contraction in range is typically followed by expansion — an

by simpletradewithpatience

Bank nifty trading As per the current scenario of Bank Nifty chart as shown there is a rising wedge and Bank Nifty is running on the top resistance of this page. A fair possibility that it can cross the top resistance of a this wedge and proceed for new high. Suppose it didn't, then the fall estimate will be off more than 3000 to 4000 points So be cautious...wait for confirmation retracemet and change in polarity.

by himanshuengg2002

IOLCP | Perfect channel / wedge breakout - Looks good for 50%IOLCP | Perfect channel / wedge breakout - Looks good for 50% CMP : 70 SL : 60 Target : 100