Flash Finance

INDIGRID — Rising Wedge

IndiGrid Infrastructure Trust · Price grinding higher inside two rising lines that are closing together — an advance running out of air.

Forming CMP ₹173.12 Scanned 2026-09-18

Rising Wedge · Daily candles

Bearish
INDIGRID rising wedge pattern on daily candles with boundaries, swing pivots and target marked
Formation Rising Wedge
StateForming
Building since2025-10-30
Boundary touches6
Upside trigger₹183
Downside trigger₹172
Away from trigger0.7%
Target if it triggers ≈₹153 -12%
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.

Trigger. A close below the rising lower boundary.

Target. Project the height of the wedge at its widest down from the break. Wedges often retrace the whole move that built them.

Invalidation. A decisive close above the upper boundary, which turns the wedge into an ordinary acceleration.

🔗 More on INDIGRID
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📐 Other stocks forming a rising wedge
Stock TF State CMP Trigger Away Target Touches
BAJAJ-AUTOBajaj Auto LimitedDaily Bearish ₹11,414 ₹11,406 0.1% ≈₹9,228 (-19%) 4
PERSISTENTPersistent Systems LimitedWeekly Bearish ₹5,416 ₹5,389 0.5% ≈₹3,990 (-26%) 4
UNIONBANKUnion Bank of IndiaWeekly Bearish ₹177 ₹175 1.0% ≈₹144 (-18%) 4
BAJAJ-AUTOBajaj Auto LimitedWeekly Bearish ₹11,414 ₹11,286 1.1% ≈₹9,100 (-20%) 6
KOTAKBANKKotak Mahindra Bank LimitedDaily Bearish ₹412 ₹406 1.5% ≈₹345 (-16%) 4
KAJARIACERKajaria Ceramics LimitedWeekly Bearish ₹1,203 ₹1,179 2.0% ≈₹895 (-26%) 5
SHREMINVITShrem InvITWeekly Bearish ₹100 ₹97.84 2.6% ≈₹85.04 (-15%) 7
APOLLOHOSPApollo Hospitals Enterprise LimitedDaily Bearish ₹8,944 ₹8,701 2.7% ≈₹7,222 (-19%) 6
GPPLGujarat Pipavav Port LimitedWeekly Bearish ₹160 ₹156 2.7% ≈₹119 (-26%) 4
ANTHEMAnthem Biosciences LimitedWeekly Bearish ₹928 ₹903 2.7% ≈₹648 (-30%) 5
GLAXOGlaxoSmithKline Pharmaceuticals LimitedWeekly Bearish ₹2,839 ₹2,755 3.0% ≈₹1,924 (-32%) 6
PNBHOUSINGPNB Housing Finance LimitedWeekly Bearish ₹1,133 ₹1,096 3.2% ≈₹861 (-24%) 7

See every rising wedge found today →

How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.

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