Description: After a fall the counter GBPUSD started moving upwards from 25th March and form an ascending channel. The price is still in the ascending channel and today the counter hit the bottom line of the channel at the price 1.3771. The formation of the ascending channel indicates the bullish trend of the counter and the trend is expected to continue...
Bank Nifty ascending triangle pattern at weekly tf Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Tech giant INFY is about to break out and could trade at an all-time high price. 1D TF suggests consolidation inside the big green mother candle. Breakout: Major supply/resistance zone High of the mother candle Psychological level (1400) Keep it on your watchlist!
Infosys moving in an Ascending Triangle. Also forming a double bottom pattern within the triangle. View: Might take a final retest at 1320 levels & can go for a run. Target: 1450+ SL: 1250 Risk : Reward = 1:2
Description: After a continuous fall for the past 30 days, the counter XAUUSD’s price started moving upwards and form an ascending channel from 12th March. The formation of the ascending channel indicates the counter is in a strong bullish trend. The previous entry of the counter was at the bottom line of the channel at the price of 1698.87. The buying mood of...
Technical: Mastek gave breakout after being traded in consolidation phase, •Breakout with good volumes •Ascending triangle breakout formation •Possible target : 1400-1460-New High •Trade according to your risk appetite & do your own research. NSE:MASTEK
First, wait for a clear Ascending triangle form. Right now, MCX Mentha oil at the support trendline (rising lower trendline). It will try to hit 964 - 986 - 1000 - 1020 levels from here. Intraday traders can go with the current trend. But don't buy below the support trendline.
SUMICHEM | Low risk bet - Looks good for 20% (Aggressive entry) CMP : 282 SL : 270 Target : 340 About 1:3 risk reward setup
RAYMOND (WEEKLY):- buy on dip 388 to 360 levels for target 500 Stop loss 300 (DCB)
NSE:BODALCHEM Technical: ascending channel breakout on daily & weekly time frame Witnessing higher volume than average volume in previous levels Stop loss at 79 Target : 100-120-150 (For education purpose only) (Trade according to your risk capacity & do your own research)
KEI formed DOJI which show indecision between the buyers and sellers. We can short in KEI with given targets and stop loss.
Titan is near to all-time high. The risk-Reward ratio is not good in the TITAN.
USOIL moving towards Ascending channel support zone in 4 hrs tf expecting to each S3 level and reverse Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
USOIL - Ascending channel pattern formation at 4 hours tf Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Description: The counter USDJPY forms an ascending channel on 05th February. Since the price is maintaining in the channel and it is still moving upwards. The previous entry of the counter was at the bottom line of the channel at the price of 104.40. The formation of the ascending channel indicates the buying mode of the market. The bullish trend may continue...
BTC has formed clean clear ascending channel Resistance- 49200, breakout target 66000 Support- 32700, breakdown target 16000 As of now looking at move to 32700...Invalid if day close above 49200 Ascending channels normally break on downside...lets see how this one plays...
Same old concept but worth looking at. Resistance tested multiple times. Stock creating higher lows. Ascending triangle pattern. Don't forget to checkout weekly chart as well. Most interesting part is volumes being generated in all these weeks. Don't know who is generating all these volumes :P Take entry only and only it stock stays at breakout level for 2-3...