A rising wedge on BAJFINANCE's weekly closes, picked out by a pattern finder. It is a shape on the chart, not a measured edge.
On the chart
Next on this chart
Our view
The breakout line is where the rising wedge is decided. A firm weekly close below it would complete it; candles that keep turning back at it would say it is not ready.
Our view is an opinion on the chart, not a recommendation. For study only. Not investment advice. The author is not SEBI registered.
On the chart
- The shape: Both lines rise and narrow, and the bottom line rises faster. The close goes through the bottom line.
- It runs from week of 11 Nov 2024 to week of 27 Jul 2026; the finder saw it on week of 28 Sep 2026.
- No weekly close past the breakout line yet.
- The newest closed candle (week of 19 Oct 2026) is just above the breakout line.
Next on this chart
- A weekly close below the breakout line.
- Volume on the candle that crosses it.
Our view
The breakout line is where the rising wedge is decided. A firm weekly close below it would complete it; candles that keep turning back at it would say it is not ready.
Our view is an opinion on the chart, not a recommendation. For study only. Not investment advice. The author is not SEBI registered.
Founder @ScanSutra
Auto-finds stocks at key levels: trendlines, S/R, compressions, volume bursts, Flag Pattern
▶️ YouTube: youtube.com/@ScanSutra
Explore → scansutra.com
Auto-finds stocks at key levels: trendlines, S/R, compressions, volume bursts, Flag Pattern
▶️ YouTube: youtube.com/@ScanSutra
Explore → scansutra.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Founder @ScanSutra
Auto-finds stocks at key levels: trendlines, S/R, compressions, volume bursts, Flag Pattern
▶️ YouTube: youtube.com/@ScanSutra
Explore → scansutra.com
Auto-finds stocks at key levels: trendlines, S/R, compressions, volume bursts, Flag Pattern
▶️ YouTube: youtube.com/@ScanSutra
Explore → scansutra.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.