Hello Guys, As we see the Coal India is forming a ascending triangle pattern in the weekly chart and nowadays it is trading near the top resistance if it gives breakout to the 164.20 level and takes support there then a positional trade is seem possible in the stock we can buy near 167 I've marked the targets on the chart with the help of green lines which are...
📊 Script: KPIT (KPIT TECHNOLOGIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500
📊 Sector: Information Technology
📊 Industry: Computers - Software & Consulting
Cup & Handle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages is also...
Price first broke down its important level but is now trying to move up again if it will give closing above 306 then we can expect a good up move but if it will break down trend line Then there could be a downfall again (not big)
NSE:SUNPHARMA
#NSE:SUNPHARMA Ascending Triangle with Demand zone marked in 15mins chart.
Earlier IDEA shared with previous demand zone and stock reacted 3% upside from that zone, refer attached chart.
Now sharing fresh Demand zone.....
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...
NSE: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...
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 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 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.
**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...
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!
