Kellton tech is creating a good ascending triangle which is a bullish sign, after hitting to 52 weeks low of 25.
On a long term support it will definitely hit 70 again in 3-6 months.
Buy on dips next 1-2 weeks.
BTST IN YESBANK
STOCK IS NEAR RESISTANCE LEVEL OF 194
WE ARE SEEING CONSTANT BUILT-UP IN OI
NOTE:-MIGHT BE ONLY TILL JAN 09
BREAKING ABOVE 194 WILL GIVE US
A ASCENDING TRIANGLE BREAKOUT (BULLISH)
BUY@195 (IF CLOSES ABOVE 194)
1.Ascending triangle breakout done
2.Pattern like a round bottom formed and breakout done.
3.Closing above 514,it may go further upto 523-528 range.
4.All Daily indicators showing bullish signal and Weekly indicators are turning to bullish from bearish.
Ascending Triangle in the making for BTC?
Setup Void if price falls Aggressively below 4050 without proper bounce.
If Setup works, i am looking for 5k+
An ascending triangle is generally considered to be a continuation pattern, meaning that it is usually found amid a period of consolidation within an uptrend, but it may also occur as a reversal pattern...
Ascending triangle pattern formed in Nifty and it will make the upside breakout but another side of global weakness may give the false breakout ? Lets watch the breakout and confirm the direction.
ASCENDING TRIANGLE BREAKOUT IN NIFTY INDEX
HOURLY CHART BREAKOUT RELIABLITY IS LESS AS TIME FRAME ANALYSIS
HENCEFORTH TRADE WITH CAUTION
PREFER OPTION TRADE TO LIMIT LOSS AND MANAGE THE VOLATILITY.
BUY 10800 CE @60 (NOV)
NOTE:A TEST OF 200-DMA IS POSSIBLE IF BREAKS THEN HOLD ON FOR 10930 LEVELS
MACD ABOUT TO...
DALMIASUG Buy at 106-107
Risk 11.50% & Reward 30%
RR Ratio 1 : 2.63
Ascending Triangle - Continuation Pattern
With its “flat-topped” shape, the ascending triangle indicates that buyers are more aggressive than sellers. The ascending triangle forms because of a supply of shares available at a fixed price. When the supply depletes,...
Ascending Triangle Breakout done : Target: 660
Channel Breakout done: Target: 760
Buy: 620-630 levels
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.