Ascendingtraingle
TVS Motors-Ascending triangle with breakoutTVS Motors daily as well as weekly chart shows ascending triangle pattern. Ascending triangle is about to breakout which will ensure further up move. High volume can also be seen in the chart. So high volume with breakout will show further up move. Can buy at cmp(499) with a stop loss of 465 or can buy when the daily closing is above 520 for further up move. It can also be accumulated in dips. Can go long with a trailing stop loss. Technical target is 748.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
KEC International-Ascending triangle patternThe daily chart of KEC International shows ascending triangle pattern. Once the daily closing is above 365, can see upside movement from there. Can buy at cmp with a stop loss of 334 or can accumulate in dips. Technical target is 565. Happy investing :)
Note: I am just a beginner. So kindly invest based on your research and analysis. This chart is just for learning purpose.
Essel Propack : Ascending Triangle patternEssel Propack : On the verge of BO. Ascending Triangle pattern with raising lower trendline. Stock made a 52 W and Life time high last week. Would wait for a strong bullish close beyond 204 with increasing voulmes. Enrty at 204. SL at 185. Target market on the chart. Happy trading.
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” - Mark Douglas
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor