Ascending Triangle
NALWA SONS INVEST - ASCENDING TRIANGLE PATTERN BREAKOUT.Nalwa Sons Invest' Stock is broken out from Ascending Triangle Pattern which can be a bullish or bearish pattern . So the stock may go long or short.
As the retesting is done on the long side, Chances to go short is very low.
Please check the chart for details. Mentioned clearly about the support and resistance points.
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcomed
ONMOBILE | 30% OPPORTUNITYDisclaimer: Please take trades according to your risk appetite & analysis. This chart is by no means intended to be a recommendation.
**Price has broken out of Ascending triangle on 5th June 2021 with record volumes. Entry At Cmp for a psychological target of 200. SL can be below 120 on closing basis.
Thank you.
Ascending Triangle breakout!!Breakout with good volume..
Ensure weekly closure above green line.. 92.6.. Indicating trend reversal
Previous resistance acting as good support now..
Targets expected given in chart..
Let us see what market gives..
Chart is only for learning purpose. This is not a recommendation for buy or sell..
CUMMINSIND POSITIONAL TRADE SETUPCummins India is making ascending traingle.
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So if the stock give breakout above triangle target will 940-960.
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If it goes below trendline then we can see the sharp selling. But I think volume is high,
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There is less chances to go bearish.
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What's your view on this comment below in the box.
TEMBO Ascending triangle breakout tradeNSE:TEMBO Levels are Mentioned in the chart... Good for swing...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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