Trend - uptrend Pattern - Ascending triangle pattern Resistance - 2.5$ - 3$ (currently at resistance) Support - Trendline support Indicator - Above 50ma Entry - above 3$ (wait for good bullish candle) #Always trade with a trade plan
NSE:APARINDS broke out from ascending triangle pattern and retraced back to resistance. Breakout candle is strong with excellent volume burst. Enter entire position at C.M.P. Place stoploss below 710. Expect big move after price crosses and sustains 900 levels. Trail stop loss after price crosses 900 levels. Hold the trade and ride through the trend. Follow...
Banknifty is still underperforming Nifty. According to the patterns visible on chart, from here we can see Banknifty take resistance at 35500 - 35600 area while on the downside price is respecting a rising trendline which is forming a Ascending Triangle pattern on chart. Further price action is dependent on the Breakout of Ascending Triangle pattern which will...
Swing traders can watch this breakout for entry with SL below the swing low.
Tech M has broken the Ascending triangle and has already gave a move out of the triangle. a bullish the price will keep moving up, advance blocks of green candle are created. need to be careful with what candle gets created next as if a bearish candle is formed the price might move back in the red zone.
Tech mahindra already given breakout . storng close . came out of channal you can ride in the momentum . happy trading . Do follow . please do your own research before taking any trade .
ascending triangular pattern are mostly bullish. breakout confirms when volume are high when price go up and other side volume dry or low when price go down. as you can see in chart I have highlighted volumes in circle green volumes are higher compare red volume. it is an indication of overall price will go up.
DMART starting from downtrend has accumulated well within bullish symmetrical triangle. if it breaks 4695 support it will go to 4455 and if it sustains above and closes above 4903 it should give a break out, the vol for today (15/12) is good compared with 10 days (252K vs 380k) and delivery is above 49%.
ELECON ENGINERRING as per daily chart analysis has formed a Ascending Triangle Pattern and once the stock breaks above 210 level then target 215 is achievable.
Ascending triangle. Hoping for a bullish breakout in another 15 days. Target of 740-780++. Support trend line is the SL. Note: For educational purpose only. Do self analysis before you buy.
Shift in Darvas Box and then an ascending triangle formation. Bullish
RALLIS INDIA as per daily chart analysis has formed an ascending triangle pattern and once the stock breaks 260 level then above 262 for a target 267 level.
The trend line and Ascending triangle suggest a bullish run for Powergrid. The breakout has been tested.
The global cues lately have not been the best and markets are correcting quite aggressively lately. BankNifty has corrected a little over 15% and Nifty close to 10% The pattern I am observing now is a triangle pattern, with both an upside possibility as well as downside. The trade plan: Bullish: Entry upon breakout above higher trendline (36,650) SL:...
HDFC BANK form ascending triangle pattern. About target and stoploss set on ema orr support/resistance level. Hope for response
As you guys can see in chart it is forming "Ascending Triangle" in Weekly Time Frame which is bullish pattern and if this week candle does not break this triangle than it has probability to break triangle in upside which is very bullish and we have 3 days left for weekly closing, we have to wait if this weekly doesn't break than next weekly candle most probability...
As per the Fib Retracement levels 340 level will be 50% retracement Trade will activate from the hourly candle breakout of 332.50 levels TARGETS(short term) Target 1=340 Target 2=345 Target 3=350 TARGET (longterm) Target1=367 Target2=390
Ascending triangle pattern inside a paralle channel on daily timeframe.