Buy Ajanta PharmaBuy Ajanta Pharma Stoploss 2160
Study: Ascending Triangle Breakout and Retest Structure
Ascending Triangle
ISEC: Ascending triangleA breakout from an ascending triangle suggest , stock is ready to move higher. one should go long on current levels & add on dips. Maintaining SL of 715 one should target for the zone of 945 which is the measured target for the pattern.
ISEC : Volatility Contraction Breakout!!NSE:ISEC has broken out after contracting from July ! Breakout is supported with good volume and the stock has formed volatility contraction pattern. Enter on retest or add on dips until 790 - 795 which is the best possible entry in terms of Risk/Reward.
Disclaimer : This is not a call. Chart shared only for educational purpose. Do your own research before initiating the trade.
AMBIKCO - Ascending Triangle BreakoutThe stock has broken out of the pattern, the given targets on the chart looks likely to be reached.
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JM Financial is a possible breakout stock in the coming daysJM Fin has ben following the ascending triangle pattern for the past two weeks, the possibilities for a breakout is high and can go as high as 110 and keep a stop loss at 89,
Federal Bank looking good touch 100rsfederal bank has been everyone's watch out for the pat 4 months since its been trying to cross the 90 support range, if HDFC crosses its support, then federal bank will cross the support as the big bank will move the bank nifty which eventually pushes the small bank to its top. have a watch on it.
Swing SetupEXPLANATION : This is a 1 hour time frame chart of SBIN . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on SBIN , I am expecting a target of more than 7 % here . If give a strong breakdown and broke its trendline support & demand zone with high volumes and retest the same , I am bearish on SBIN .
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Ashoka Buildcon - 2yr VCP / Ascending Triangle BO on volume
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
CDSL is about to breakout in Ascending triangle pattern.CDSL is about to breakout in Ascending triangle pattern.
SBI CARDS ASCENDING TRIANGLE [LONG]Continous formation of higher lows and support on the trendline.
Breakout of ascending triangle pattern expected.
BLUEDART Ascending Triangle Breakout !!Ascending Triangle pattern breakout in 1D timeframe.
Can now expect Bullish Momentum.
ABFRL-Stock near Triangle BreakoutThis stock is near its resistance and formed an ascending triangle pattern. IT CAN REACH UP TO 280++ once it breaks out from 235 level with volume, watch out for the mentioned level.
Note: This is just for educational purpose, not an buy/sell recommendation.
IRCTC LongIRCTC Long
Ascending triangle pattern breakout on hourly chart
Buy at CMP- 4059
SL- 3800
Target- 4400, 4560
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON NRAIL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
BOSCH - Ascending Triangle Breakout ?Since Nov,2019 Bosch is trying to cross the 16300 mark on closing basis but has returned twice.
Today if it closes above 16300, could be a possible breakout and the targets can be as high as 24K.
JSWSTEEL Ascending Triangle on 2H chartJSWSTEEL is forming an ascending triangle on the 2H chart. The stock has seen consistent supply in the 687-690 zone for the last few days. Once this supply is exhausted, bullish strength can take the prices up to measured move target of 750. We will be watching out for a breakout of prices from this resistance zone in coming days.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON MAHASEAMLES.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Levels for - 05 Oct 2021EXPLANATION : This is a 15 min time frame chart of BANKNIFTY , It has been in a sideways for day and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on BANKNIFTY . If brake the trendline we plan to short , target will be pending small gap .
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Swing SetupEXPLANATION : This is a 1 hour time frame chart of IBULHSGFIN , It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on IBULHSGFIN .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
CARBORUNIV - Asc TriangleCORBORUNIV script has formed an asc triangle pattern, RSI & Volumes are good and indicating further upmove. Entry, SL & Targets are marked in the chart
Hindalco - Asc Triangle PatternHindalco has formed an Asc triangle pattern on 01/10 in 15 min chart. it's good to enter the script if friday's close is broken on monday opening.
ISEC : nice and clean momentum setup11 weeks base - cup n handle on weekly
perfect VCP on daily
also a ascending triangle continuation pattern
volume dry up
> 100% prior move
riped for BO
First entry above 770.
