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Cesclong

CESC Set to Ignite: Key Levels Triggering a Bull MoveThis is the daily and 4-hour timeframe chart of CESC. The stock is moving within a well-defined parallel channel, with a support zone in the 160–163 range. The Supertrend indicator is positive and suggests an additional support zone around 165–167. CESC is forming a rising wedge pattern, and after the breakout, the stock has retested the pattern’s resistance, which may now act as support near the 165–167 zone. If this support zone holds, we may see higher prices in CESC. Thank you.
NSE:CESCLong
by FiveCircles
CESC LTD (Y21.P2.E1).Broadening wedge breakoutCESC LTD (Y21.P2.E1).Broadening wedge breakout Hi Investors and traders, I was looking to do some case studies for formations and trends for my online training and I came across this stock. Hence while I was documenting from a TA perspective (chart below), I thought I also publish this and the potential opportunity based on the broadening wedge approach. Its also for me to see where I get it right and wrong. My thoughts: Currently still some downward pressure; Support at this level is strong for a number of factors; fib and pre existing TL. If I was to trade this, I would be looking for a breakout from the resistance TL and depending on the level and candlestick, will decide my entrance. If you benefit, all the better. Please give me a tick or like for this post, Regards, S.SAri Big Picture TA, a lot of it makes sense. s3.tradingview.com
BSE:CESC
by ssari