EXPLANATION : This is a 15 Min time frame chart of TATAMOTORS . It has formed a Ascending Triangle Pattern , Trend line Support . If stock has been break the Supply zone with high volume I am seeing a very good buying opportunity in TATAMOTORS . ( 2 to 2.5 % up target )
EXPLANATION: This is a 4hr timeframe chart of PVR. The stock has been consolidating for the last 80 days in the tight range of 1300-1450. As a trader, We buy at the bottom and sell at the top. I am seeing a very good buying opportunity in PVR because of many reasons. It has formed a double bottom pattern near its major demand zone and went into tight consolidation...
RELIANCE is forming ascending triangle in weekly timeframe . Go long if it breaks all time high in daily timeframe. Can be a good positional trade. Try to trade intraday if breaks the resistance you can get a good target in intraday.
BIOCON is trading at important resistance and formed a ascending triangle. Go long if breaks above .Pharma sector looks bullish .
Breakout in ascending triangle pattern. The chart is self explainatory.
I found very good trade. The stock name is ICICIGI and this stock makes an ascending triangle pattern on a daily timeframe. And also gave a breakout with the high volume. Voila! That's why I selected this stock for the swing trade. Don't miss this opportunity. Let's hope for the best.
On weekly Chart Airtel & Breakout Details on CHART Note: This is for educational Purpose only
Ascending Triangle pattern in ICICI Prudential. wait for the breakout
REC LTD lookin good in 15 min timeframe, and forming a ascending triangle with a good resistance levels. We can initiate a trade if it breaks the resistance and the ascending triangle
CONCOR possibility of ascending triangle breoutout... facing resistance at horizontal line of triangle and taking support on diagonal line.
This is a nifty analysis. And it is showing ASCENDING TRIANGLE PATTER. And it is a BULLISH PATTERN. HOW ASCENDING TRIANGLE WORKS An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two...
∘ Ascending Triangle Pattern ∘ Trend line support , Plan for short when break the Demand zone with high volume ( Support become Resistance )
Nestle has formed weekly & monthly Ascending triangle pattern and broke 18500 levels. all set for next leg of rally towards 25000.
Wait for the Breakout and my view is for the upside. Let me know what do you think?
What are your views on this ?? Nifty is going to breakout or break down? Though price action says it's a bullish ascending triangle. Let's wait and watch who wins. Bulls or bears :)
GBPUSD in ascending triangle breaking of pattern will give good direction move
Breakout from Ascending Triangle. Awaiting Breakout from Parallel Channel. Low Overhead Supply. MACD Positioned well.
Few pointers about my analysis of VARUN BEVERAGES : 1.The stock has been in a continuous uptrend with lots of bullish continuation patterns ,which is good for healthy upward trend, higher the no. of valid patterns better it is. 2.The stock just broke out of an ascending triangle pattern , which is again is a continuation pattern. 3.Volume spurt : breakout...