The DJIA is all set to make new High. Ascending triangle pattern in formation.
espite so many loopholes in economy the global markets are all making new highs, lets see how long will this go on. Nifty PE around 27.47
Hindustan Unilever has been consolidating in the form of an ascending triangle for more than a year.
This consolidation is now finally broken. I'l leave it to you to decide entry for this LONG journey!
HELLO EVERYONE, TODAY I OBSERVED THAT THE BAJAJ FINANCE IS GOING UP VERY STRONGLY, WITH MAKING A PATTERN CALLED ASCENDING TRIANGLE PATTERN SO, I THINKS THAT IN NEAR FUTURE WE MAY SEE SOME BIG MOVEMENTS IN THE STOCK TO UPSIDE AND BULLS MAY WIN.
HEY GUYS, NOW I AM HERE TO SHOW YOU THAT IN CHARTS WE CAN SEE THAT SBIN HAS BROKEN ITS ASCENDING TRIANGLE PATTERN AND NOW IT HAS BEEN CONFIRMED THAT NOW IT CAN GO UP. SO, WE MAY SEE THE BULLISH MOVES IN SBIN.
As nifty is moving in Ascending triangle, Ascending Triangle is getting completed near to 11950-12000 levels .
After The Break Out of Ascending Traingle we can expect Immediate TGT of 12400-12500 in NIFTY
one can place SL of recent low i e 11450 in spot and that too on a closing basis.
DMART looks set for a recovery. We could observe a confirmed bullish Ascending triangle pattern. Target of the pattern comes in at 1480. However, the price was rejected by the trendline resistance at around 1420. Going forward, if the trendline is breached expect the stock to raise towards the pattern target.
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