📊 
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.
TrendX INC
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TrendX INC
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.