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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