Ascending Triangle
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.
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 .
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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.
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 .
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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 .
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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






















