A rising wedge is a bearish stock pattern that starts out wide at the bottom and narrows as the trading range narrows and prices rise. This implies a slowing of momentum, which normally precedes a downside reversal, allowing traders to see potential selling opportunities. When a stock consolidates between two converging support and resistance lines, it forms a rising wedge chart pattern. When a stock is in an uptrend or decline, rising wedges might form: When a stock rises, it indicates that traders are rethinking the bull market. When a stock is sliding in a downtrend, it is really a temporary break before the bear market resumes. From this patern, the entry price which is trading sell is 46.17. While the Target Price is 44.32 and the Stop Loss is set as 49.38.