🎬 BALAJITELE | Monster Falling Wedge on Monthly!
Over 2 decades of price compression in a massive falling wedge pattern!
This setup on the monthly chart is rare and powerful.
📉 Price has been respecting long-term support
📈 Breakout from upper wedge resistance could be explosive
🧾 Fundamentals still weak – turnaround in business key 🔑
CMP: ₹82.91 | AvgVol: ₹53.67 Cr | RVol: 0.3x
Recent +15.5% move hints at building momentum 👀
⚠️ Watch for a confirmed breakout with volume for positional entry.
#BALAJITELE #FallingWedge #LongTermChart #TechnicalAnalysis #Investofino #ManinderSinghAnalysis #StockMarketIndia
Over 2 decades of price compression in a massive falling wedge pattern!
This setup on the monthly chart is rare and powerful.
📉 Price has been respecting long-term support
📈 Breakout from upper wedge resistance could be explosive
🧾 Fundamentals still weak – turnaround in business key 🔑
CMP: ₹82.91 | AvgVol: ₹53.67 Cr | RVol: 0.3x
Recent +15.5% move hints at building momentum 👀
⚠️ Watch for a confirmed breakout with volume for positional entry.
#BALAJITELE #FallingWedge #LongTermChart #TechnicalAnalysis #Investofino #ManinderSinghAnalysis #StockMarketIndia
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.