📊 
WOCKPHARMA – Falling Wedge Breakout Watch!
📌 CMP: ₹1,739.50
📈 Structure: Falling Wedge forming after sharp uptrend
🟩 Price Action: Price compressing with narrowing range – bullish setup
📊 Volume: 447K (with prior volume spike of 1.54M on rally)
🔼 Breakout Candle: Not yet triggered – watch for breakout above ₹1,775
📍 Support: ₹1,675–1,690 zone
🎯 Target Zone: ₹1,950–2,100 (based on wedge pole projection)
🛑 Stop-Loss: ₹1,675 (wedge support or recent swing low)
🔍 Highlights:
- Classic bullish continuation pattern post strong momentum run
- Falling wedge often precedes explosive upmoves
- Volume contraction inside wedge is ideal – big players waiting
- Recent green candles showing buyer presence near support
📢 Best for breakout traders watching for a wedge resolution with strong volume.
WOCKPHARMA – Falling Wedge Breakout Watch!📌 CMP: ₹1,739.50
📈 Structure: Falling Wedge forming after sharp uptrend
🟩 Price Action: Price compressing with narrowing range – bullish setup
📊 Volume: 447K (with prior volume spike of 1.54M on rally)
🔼 Breakout Candle: Not yet triggered – watch for breakout above ₹1,775
📍 Support: ₹1,675–1,690 zone
🎯 Target Zone: ₹1,950–2,100 (based on wedge pole projection)
🛑 Stop-Loss: ₹1,675 (wedge support or recent swing low)
🔍 Highlights:
- Classic bullish continuation pattern post strong momentum run
- Falling wedge often precedes explosive upmoves
- Volume contraction inside wedge is ideal – big players waiting
- Recent green candles showing buyer presence near support
📢 Best for breakout traders watching for a wedge resolution with strong volume.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.