Ascending triangle Breakout in ACC LTDAscending triangle Breakout and retest done. Be careful as there is a huge red candle formed so it could be a fake breakout.
Ascending Triangle
ASCENDING TRIANGLE PATTERN
Ascending triangle patterns are bullish, meaning that they indicate that a security's price is likely to climb higher as the pattern completes itself. This pattern is created with two trendlines. NSE:NAVNETEDUL
It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle.
Ascending Triangle Pattern in ABB IndiaNSE:ABB
This stock is the perfect example of the ascending triangle pattern. The upper trendline is a horizontal trendline and the lower trendline joins the higher lows. Then the stock breaks from the triangle with volume. The MACD was also bullish and RSI was above 50 showing good momentum. This Pattern is usually considered a bullish pattern. The stock then rallied after the breakout.\
Disclaimer : This is my own analysis and view. This is for educational purposes. This is not a recommendation, call or a tip.
JSWSTEEL Cup & Handle !!NSE:JSWSTEEL
#NSE:JSWSTEEL formed #cupandhandle and Ascending triangle, marked on chart.
Expected target 730.
Check out the attached idea shared earlier with ascending triangle.
SL as per your risk capacity.
Axis bank 15 min Axis bank can be longed until the Trendline support does not break , a possible retraction until .236 level will be. A good entry. Long term targets coming out to be 767,775 (refer to pink lines)
JYOTHYLAB Resistance BreakoutJyothylab forms ascending triangle pattern on 1D and 1W timeframe. It has given breakout on daily timeframe. Enter after bullish confirmation. Target is previous weekly high.
Smartlink Weekly Swing OpportunityAscending triangle is formed in the weekly timeframe. Trendline is perfectly aligning the wicks.
Watch out for the resistance area.
Buy above 134
2006 High Break Or Not ?
**The 2006 high was 1788 or 1800 round.
**price has touched 3rd time to All Time High(1800) ** Key Point--
@@ All Time High act as a Resistance (High Probability)
**There is lower high formation on monthly chart.
**This is a kind of ascending triangle pattern
** When price touched 3rd time, it is not declined so much and range bound at upper level.
**This month it has given a bullish marubozu candle ( higher probability of breakout)
** This type of price action pattern can be used in any time frame.
Keep on Learning!
Tejas Network Breakout and Retest doneAscending triangle breakout with Retest and swing up done
Can go long with SL as 514
Target Green line and then All time high on cards
Ascending triangle BreakoutAscending Triangle breakout and retest done in Daily Timeframe
Can go long with SL 514
If breaks Green line then all time high on cards
KMCSHIL formed perfect patternRisk Reward ration is too good, but as it's small cap please maintain strict stop loss.
JUBILANT FOODS - Swing Trade (Go Long)JUBILANT FOOD - Forming ascending Triangle pattern. We can expect a breakout on the Higher side. Any breakout above 600 will test 700
Buy above 600 / or you can buy at CMP
Stop Loss = 540
Target = 700
Thanks!
NSE:NMDC T2 Marked !!NSE:NMDC
#NSE:NMDC level shared on Ascending triangle pattern Break and shown very good profits(6.5%)
14k/Lot in 110 CE.
T2 updated for practice.
More levels to come, stay focus. Happy LEarning !!
Nasdaq Ascending triangle and Breakout of Major resistance zone Nasdaq Ascending Triangle breakout Target achieved
HDFC Bank - Ascending Triangle Breakout - Go Long (Swing Trade)HDFC Bank has broken the resistance and took retracement at 1410 level.
Swing Trade:
We can Buy now
Stop Loss = 1405
Target 1 = 1482
Target 2 = 1525
Thanks
PRINCEPIPE - ASCENDING TRIANGLE PATTERNPrincepipe give a breakout of ascending triangle pattern. One can enter with 50% quantity above breakout High and remaining 50% after retest. Stoploss below breakout candle or recent swing low.
Princepipe company going to release their quarter result on August 9, 2022. Trade accordingly.
Disclaimer :- I'm not a SEBI registered analyst. Information given is for Educational purpose only.
Do your own analysis before investing.
IDFC chart analysis for swing trade IDFC chart analysis for swing trade (15 min)
Entry & exits are given on chart.
only for learning, trade at your own risk.
Ascending triangle breakout in PAYTM ?Ascending Triangle Breakout in PAYTM in Daily Chart.
After the continues down fall from the listing, now, the downside momentum was paused.
Bulls are slowly taking control of the stock, Previously they tired for breakout but stock was stuck in 750-770 range.
Then stock came around 680 range where there was a strong trend line support. Next day formed inside bar candle, by that again bulls paused further downside movement.
Now, the stock broke its previous 750-770 range with good candle supported by volume.
So, 770 range will be immediate support, 720 will be next Important support
Stock has a potential to reach 930 level in coming days.
If any one taking trade now, 730 will be SL.
Any one taking position for retest, then Risk taker keep 678 as SL. For less Risk taker 697 will the SL.
Overall analysis is given in the chart.
This is just a view not a recommendation to trade. Do your own analysis before taking trade.
NSE:PAYTM
3 Amazing swing ideas and index ideas for 1 AugI daily make educational content videos on Financial markets
BEL All time High !!NSE:BEL
#BEL trading bullish consistently and noted ATH with very good momentum.
Formed beautiful ascending triangle from support, not pullback ascending and given BO sustainability.
Resistance level itself work as support for long players.
CRISIL - Ascending triangle patternChart is self explanatory, wait for the breakout and follow SL. When Stock is moving higher trail with a decent SL
JSWSTEEL Ascending triangle !!NSE:JSWSTEEL
#NSE:JSWSTEEL formed beautiful Ascending triangle.
Levels marked on chart for practice.
Amazing stocks and Index analysis for 26 July I daily make educational content videos on financial markets
