Hi DPK,
This is a common mistake ppl make when spotting WW initially ( even I was prone to it in early days
)
Point 4 needs to be
below point 1 in a rising wedge.
Easy way to avoid this is always remember - WW targets are contrary trend targets and the 1-4 target line must have opposite slope of trend and wedge direction
Best of luck
ps - IFCI looks good as a ww but the HnS is a little disconcerting - although if the HnS does play out, the target for the scrip is like Rs 4 which I doubt but who knows