Ascending Triangle and Rounding Bottom with Big Potential growthAll the details are being uploaded in video, kindly refer it.
Ascending Triangle
FINOLEX CABLES : BUILDING FOR UPMOVE. NSE:FINCABLES
An ascending triangle is forming on FINCABLES
It may act as short term bullish reversal as if it breaks the high of the peak,
It's unable to break it in the previous 4 attempts and the range is getting narrow, has strong resistance at 430 level for almost a year.
Wait for breakout then enter.
Always define risk in prior.
For educational purpose
Not a Trade Advice or Recommendation.
Do your analysis or Consult your Advisor.
Coal India | Both side tradable Well if u see the big picture then it's like a good move then a correction = Still bullish and if gives a breakout above the near high = a possible trade according to your risk system :)
Also, we can see an amazing head and shoulder move + a downside flag too + bearish too :)
#BHEL Ascending Triangle.Bharat Heavy Electricals Limited
After forming an ascending triangle, BHEL is ready to fly. A breakout will help BHEL take-off. Wait for a 4h candle to break and buy.
Educational purpose only - trade at your own risk.
Good luck.
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
Ascending pattern + Insider bar + Island Chart | #Breakouttriple bonanza breakout it is :) if closes on these levels very good upside will be coming :)
ZENTECHForming an ascending triangle pattern. Buy above 75.5 with SL of 72, targets 80,92&102.5 in swing to short term.
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Above ideas are for educational purposes only, kindly consult your financial advisor before investing.
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Kotak Mahindra Bank | Positional Setup Kotak bank it is :) if such good banks are giving u such great patterns, never judge them or speculate anything, trade with proper risk and take the trade for once :)
Happy trading :)
State Bank Of India | Multiple trade opportunitiesPinbar at such resistance lvls tells a good story for future, keep this stock in mind :)
Happy trading to u all !!
For now, those in trade be in it and those who want to take a good entry should wait for a good bullish pattern to go forward from here ..
seems super bullish tho.
PNB LONG My prediction On PNB is based price action trading
1. ASCENDING TRIANGLE PATTERN
2. W PATTERN
best price to buy = below 39
target = 43 - 45
Stop Loss = 30-32
expected No of days to reach target = 7 - 15 days
Ascending Triangle BreakoutThe price should sustain levels at 80.Enter above 81.Volume accumulation also looks good. Have patience.
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.
Rain Ind. - Strong Breakout with Volume Expansion- Good Fundamentals
- Strong Breakout at 175 Level
- Heavy Volume expansion
- Ascending Triangle Pattern showing buying pressure
- Entry can be at 186 with a stoploss of 167.5
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.
adani power (ready to fly again)In march I was able to capture its move , similar pattern it is making now .
In the coming days it is going to give brakout and it will fly again .
With stocks like adani power it is good to take risk as it surges really fast .
I will enter even before brakout you can also think like this.
TATASTLBSL Ascending Triangleit is forming Ascending triangle pattern on hourly chart. 20% upside visible post breakout. keep this stock on radar for breakout.
Banknifty - Ascending trianglePrice expected to reject from this resistance levels to take support from the trend line and once again it will reach the resistance to break and move further up.
