CMP 3980 on 04.11.25
In the last 2 years, the stock has been traveling in a rising wedge pattern. At present, it has reached higher levels. If it reverses from these levels, there could be a short opportunity.
All important levels are marked on the chart.
Possible targets may be 3840/3730 or even more downside, depending upon the scenario.
If it sustains above 4100, the exit plan should be exercised.
All the above illustrations and descriptions are for educational and observation purposes only. It is not a buying or selling recommendation.
All the best.
In the last 2 years, the stock has been traveling in a rising wedge pattern. At present, it has reached higher levels. If it reverses from these levels, there could be a short opportunity.
All important levels are marked on the chart.
Possible targets may be 3840/3730 or even more downside, depending upon the scenario.
If it sustains above 4100, the exit plan should be exercised.
All the above illustrations and descriptions are for educational and observation purposes only. It is not a buying or selling recommendation.
All the best.
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