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Ascending Triangle

How to get 25% and more in INDIGO with Simple price action INDIGO - Swing trade key points Weekly resistance at 1800 to 1900 levels Weekly support zones at 700 to 800 levels Week timeframe pattern is broadening pattern so we night break this hurdle on weekly basis with a power green candle and then a good upside is possible for 25% to the levels of 2200 Day time frame suggests an ascending pattern with good dip buying at supportive trendline as shown in the video Day time frame also makes higher lows for that purpose We will attack this higher leg and will try to extract the maximum out of the stock Risk to reward is favorable from this point and quite logical as per price action Risk is 4% ( 1650 would trigger an exit ) Rewards can be 8% that is a 1:2 RR ratio ( 1850 levels ) - As target number 1 Reward numbers 2 and 3 can be our fib extension levels on a weekly basis and trendline that would be booking profits around 2200 to 2300 levels Have a nice trading day Respect the STOPLOSS and accept what the market gives you Don't hesitate to book your losers and let the winners run until you get a better Risk to reward bet Thank you and your generous comment will only make this post beautiful :)
NSE:INDIGOLong
by Averoy_Apoorv_Analysis
12
Technical analysis behind todays TATAMOTOR -13% fall👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 Self-explained chart : Just educational purpose ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions, and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) 🎓🎓 Some info about me :) ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. ☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
NSE:TATAMOTORS
by Averoy_Apoorv_Analysis
15
ITC | Buy - RSI divergence + Ascending Triangle Formation NSE:ITC 1. Bullish RSI Divergence at Daily & 15m timeframe. 2. Formation of ascending triangle , which is considered more towards bullish probability trend. 3. Formation of higher low at daily timeframe. 4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line. 5. Price above EMA 200 on daily timeframe, its still bullish. Swing Trade Target1 - 222 Target2 - 234 Target3 - 244 SL1 - 205 SL2 - 200 (trend reversal)
NSE:ITCLong
by libu1988
Nifty Outlook- Ascending Triangle (Trading Plan) (22nd Oct2020)Traditional Chart Pattern- Ascending Triangle Discussed along with trading strategies in Hindi & English both. Thanks for watching the video Active Currently - Plan A - Sell Below 11955 for 11790-11810 target zone (Stops- 11960) Plan B- Buy in 11790-11810 with stops below 11750/11760 for target zone 11980-12000 Plan C- Sell Below (Strictly Stops above 12025) for target zone 11870-11880 Plan D- Buy in 11850-11875 with stops below 11790 target 12025 / 12250 +
NSE:NIFTYEducation
by WaveTalks
6