Educational 19: Triangle Pattern Formations (Watch-list) Long

SOUTH INDIAN BANK LTD.BSE

Description

⋅ Mar 16, 2017 3:38 PM

It is been observed that some of the charts are forming a symmetrical triangle on the daily chart which can provide good returns in coming days.

On verge of Breakout:
1. Hindpetro
2. South Indian Bank

Successful Breakout:
1. Hexaware
2. SRF

Regards

Trade active

⋅ Mar 17, 2017 3:40 AM

SRF Trade Setup -

Target: 1650
Stoploss: 1600

Regards

Comment

⋅ Mar 17, 2017 4:00 AM

Hexaware performed well after the breakout. Regards

Comments

HarshShah

⋅ Mar 21, 2017 6:28 PM

Srf is still working?

NeeteshJain

⋅ Mar 22, 2017 3:55 AM

@HarshShah, Yes it is still trending up until it breaks and closes below 1560 levels. Regards

HarshShah

⋅ Mar 26, 2017 8:13 AM

@NeeteshJain, Thanks. Initiated longs with strict SL of 1560.

HarshShah

⋅ Mar 22, 2017 6:43 PM

@HarshShah,

nalinakshi

⋅ Mar 17, 2017 3:11 AM

yesterday i noticed hind petro is seen with good volume

NeeteshJain

⋅ Mar 17, 2017 3:43 AM

@nalinakshi, Yes, it shall perform well today. Regards

nalinakshi

⋅ Mar 17, 2017 3:09 AM

very interesting observation

NeeteshJain

⋅ Mar 17, 2017 3:43 AM

@nalinakshi, Thanks, I wish it adds value to your trading experience. Regards

anupminj7

⋅ Mar 16, 2017 5:20 PM

GOOD ANALYSIS

NeeteshJain

⋅ Mar 17, 2017 3:42 AM

@anupminj7, Thanks, I appreciate it. Regards