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Ascending Triangle

RKEC SIMPLE PRICE ACTION CHART🎯All Studies mentioned in the chart💰 Buy @60-63 range Strict sl below 55 Reasons for selecting this stock ✔ ✔ ✔ Something cooking in the chart.Can see Ascending triangle in the chart. ✔ Infrastructure developing company,mainly involved in marine infrastructure development. ✔ One of the main cmpany which is involved in marine infrastructure activities. ✔ Gradually increasing Y-O-Y profit. ✔ Good consolidation with delivery volume.So, can see a breakout at anytime. About the company ✔ ✔ RKEC Projects is engaged in the business of Civil Works and specialized in Marine Works, Construction of Roads, Buildings, Bridges& Fly overs, Survey works under Unmanned Aerial Systemsetc. Thank you🧡 Like🍂Comment🍂Support
NSE:RKECLong
by ANKITHSHAJU
8
Stock Analysis of Escorts LimitedPrice - 1176.20 Dt. - 19.05.2021 Since Feb 2nd week the stock is in the bearish zone and lost 300 points in this time period. From 3rd May stock reversed the trend resumed the up move. The stock was near the overbought zone. Further with good monsoon expectation and declining covid-19 cases are another reason for Escorts Limited to move upward. Stock is facing strong resistance at 1185 levels but with ascending triangle formation we are expecting the stock to break the level. Stock is slightly above 21 DEMA.
NSE:ESCORTSLong
by mr-sky
Minda Corp - 1.5yr Rounding Bottom / Ascending Triangle BreakoutAuto ancillary sector has started its move. Volumes coming in. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM. Note: I reserve the right to be wrong. For educational purposes only.
NSE:MINDACORPLong
by raavigeorgian