PGEL — Falling Wedge
PG Electroplast Limited · Price sliding lower inside two falling lines that are closing together — a decline losing its force.
Falling Wedge · Daily candles
Trigger. A close above the falling upper boundary.
Target. Project the widest height of the wedge up from the breakout level.
Invalidation. A close below the lower boundary, which says the decline has reaccelerated rather than exhausted.
| Stock | TF | State | CMP | Trigger | Away | Target | Touches |
|---|---|---|---|---|---|---|---|
| ICICIGIICICI Lombard General Insurance Company Limited | Daily | Bullish | ₹1,487 | ₹1,498 | 0.8% | ≈₹1,677 (+13%) | 4 |
| PFCPower Finance Corporation Limited | Daily | Bullish | ₹345 | ₹348 | 1.0% | ≈₹427 (+24%) | 4 |
| INDRAMEDCOIndraprastha Medical Corporation Limited | Daily | Bullish | ₹364 | ₹368 | 1.1% | ≈₹422 (+16%) | 4 |
| AADHARHFCAadhar Housing Finance Limited | Weekly | Bullish | ₹469 | ₹475 | 1.2% | ≈₹583 (+24%) | 5 |
| LEMONTREELemon Tree Hotels Limited | Daily | Bullish | ₹104 | ₹105 | 1.3% | ≈₹118 (+14%) | 4 |
| NTPCGREENNTPC Green Energy Limited | Weekly | Bullish | ₹87.58 | ₹88.76 | 1.4% | ≈₹119 (+36%) | 5 |
| DABURDabur India Limited | Daily | Bullish | ₹385 | ₹390 | 1.4% | ≈₹442 (+15%) | 4 |
| HEMIPROPHemisphere Properties India Limited | Daily | Bullish | ₹121 | ₹123 | 1.5% | ≈₹135 (+12%) | 6 |
| MFSLMax Financial Services Limited | Weekly | Bullish | ₹1,554 | ₹1,578 | 1.5% | ≈₹1,787 (+15%) | 8 |
| NTPCNTPC Limited | Daily | Bullish | ₹330 | ₹335 | 1.8% | ≈₹362 (+10%) | 4 |
| NTPCGREENNTPC Green Energy Limited | Daily | Bullish | ₹87.58 | ₹89.15 | 1.8% | ≈₹98.77 (+13%) | 5 |
| HDFCBANKHDFC Bank Limited | Daily | Bullish | ₹713 | ₹726 | 1.8% | ≈₹896 (+26%) | 6 |
See every falling 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.
