STRATBTC following Ascending Triangle
I have Mention the Buy and Sell Target on chart.
please check it and Follow it properly.
Remember one think if Ascending Support line break down then pattern
will be consider as fail pattern,then dont buy it.
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your...
SWING TRADE IN ACC CEMENT(CONDITIONAL)
RANGE BREAK-OUT POSSIBLE
ASCENDING TRIANGLE WITH HIGHER LOW FORMATION
BUY@1651-55(ABOVE 1650 ON CLOSING BASIS)
Yes Bank NSE:YESBANK had been trying to breach the 370-385 zone for almost a year !!
The stock has given a trendline resistance breakout as well as Ascending triangle breakout on Weekly charts.
Good stock to accumulate with a stop loss of 370.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult...
#Axisbank approaching it's all time #resistance zone of 650-640 level.
After failing in Mar 2015, Sep 2016 and Jan 2018, current momentum seems good to push it back to re-test the supply zone. Will it join the #Nifty Pvt bank party ? I'm very #Bullish above the resistance zone
Market is still moving in a small range since 15.05.18. It has formed Ascending Triangle and currently trading at the upper line. Following trading setup are possible in this situation
1. It gives Breakout from the pattern and one go long for the target of triangle pattern.
2. Price reverses at Confluence of Pitchfork & Median Line. PF is catching the price...
BANKNIFTY: in ASCENDING Triangle.
Also Harmonic "AB = CD" in Progress
Possible "D" = 26271.80
EXTENDED "D1" = 26506.50 (FIB E 1.13)
EXTENDED "D2" = 26763 (FIB E 1.272)
You can notice Inverted H&S pattern is also there.
Middle line of Parallel channel, can treat as "NECK Line of Inv. H&S"
(though not pointed due to avoid more clumsiness of chart)
Rest plotted &...
All mentioned & plotted on Chart.
For Price Roll over Mouse on Chart.
Disclaimer: Take this information as study/education purpose only.
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For taking trade decision Consult with your Financial Advisor.
Ascending triangle formation on the chart also good signal on the MA(10) on the CCI(20). The EMA(200) seems as a strong resistance so a breakthrough above it could mean strong movement. Also fine support from the ICHIMOKU cloud below. Anything in 150-155 should be a good entry point IMHO.