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 :)
Ascending Triangle
Levels for - 04 Oct 2021EXPLANATION : This is a 30 min time frame chart of NIFTY . It has formed Ascending triangle pattern , NIFTY taking support from trendline we plan to short below this trendline price closing .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
Levels for - 04 Oct 2021EXPLANATION : This is a 30 min time frame chart of BANKNIFTY . It has formed Ascending triangle pattern , BANKNIFTY taking support from trendline we plan to short below this trendline price closing .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
Levels for - 04 Oct 2021EXPLANATION : This is a 30 Min 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 . If stock break the trend line we plan to short , downside levels marked in chart .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
TVS Motors Ascending TriangleNSE:TVSMOTOR CMP: 564/-
set to breakout in Double Bottom formation with Ascending Triangle Pattern..
also it is giving 200EMA BO at the same time..
Which indicates Stock is ready for long term reversal..
One can Initiate LONG with SL near BO candle Low (545/-) or below 200 EMA at 550/- (shorter)..
Target of Triangle Pattern BO would be DEPTH of pattern..
first small target of 595-600, and positional target of this pattern 625-630
Always Trade with Proper Stop Loss..
**Educational Purpose
JSLHISARCup pattern breakout after almost 4 years, and ascending triangle formation on 1 day time frame.
Can expect good momentum above 310.
PONDYOXIDE | Ascending triangle | Trendline + EMA confluenceCMP- 281.8
SL - 260 (immediate SL, if close below 260), 230 on closing basis (w.r.t. pattern)
Target - 400, 450
1/6/2021
- Breakout of ascending triangle observed with good volume spurt
- HL into resistance
- Can see support of 20,50,100,200 EMA, trying to give positive crossover
-The script has been respecting the trendline after the covid fall
- Short term view is negated if close below 260 on daily basis (REAL SL would be of the long term respecting trendline is broken
ALLCARGO - Ascending Triangle Bullish BreakoutThe stock has given a breakout of the ascending triangle pattern it was trading in, coupled with decent volumes.
One point of caution here is that RSI is about to cross 70, hence watch the movement closely.
I believe the trade can be initiated if the stock manages to sustain over 237, for targets of 260 and 286.
Stop Loss can be maintained at 223.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
#indianhotels multiple pattern breakout weekly#indianhotels multiple pattern breakout
inverse HNS pattern breakout on weekly
previous resistance zone broken out on weekly
ascending triangle pattern breakout on weekly
momentum and trend indicators show bullishness all timeframes short medium long
breakout candle low can be stop loss and entry on retracement ideal as candle is big.
Levels for - 22 Sep 2021 EXPLANATION : This is a 15 Min time frame chart of TCS , 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 TCS . If stock break the trend line we plan to short , downside levels marked in chart .
If you like this analysis of Stock give a Thumbs up // Like , let me know in comments below :)
Levels for - 22 Sep 2021 EXPLANATION : This is a 15 Min time frame chart of RELIANCE , 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 RELIANCE . If stock break the trend line we plan to short , downside levels marked in chart .
If you like this analysis of Stock give a Thumbs up // Like , let me know in comments below :)