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.
Ascending Triangle
TATASTLBSL Ascending Triangleit is forming Ascending triangle pattern on hourly chart. 20% upside visible post breakout. keep this stock on radar for breakout.
MINDTREE LOOKING The stock has respected the trendline support
Two possibilities
1.Breakdown from the trendline and downtrend continues
2.can take support at the trendline and move upside.
Always wait for the breakout and trade & wait for the candle to close
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Multi time frame analysis ! Boom !Stock has given wedge pattern breakout on daily time frame. Stock is forming ascending triangle (which is a bullish pattern) in smaller time frame ( 5 min or 15 min). Best entry would be above 778 ( on closing of 15 min candle ).
View chart in 15 min time frame for better view of ascending triangle pattern. Hope you liked my analysis , All feedback are welcome.
Cummins Updated pattern | Resistance turned into Support ?If this resistance zone breaks for below don't sell directly ..... but can buy here for a low-risk high-reward trade .....
Hold for the BO of ascending triangle BO then take upper tgts too .... positional setup will be activated :)
Happy trading
Suven Pharma - Ascending Triangle Breakout Pattern- Suven pharma gave a good breakout with volumes and further consolidation
- 540 is a good entry level as stock is highly volatile and so we can get a low entry point
- 509 can be a good stoploss as Suven pharma is volatile stock and it might show more consolidation for short term
- It has good momentum at daily and weekly time frame
AKSHARCHEM - 2YR HEAD AND SHOULDER PATTERN / ASCEND TRIANGLELOOKS VERY STRONG.
SL: Below Breakout Candle.
TGT: 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.
Cup N Handle with Ascending Triangle as handle.Can we say it as a strong bullish movement as it has formed cup and handle where candle is a ascending triangle which inturn itself a strong Bullish movement.
2 price action pattern shows the upcoming strong move, may be in 2-3 days.
CAUTION: Only for Educational Purpose
BAJAJ_AUTO
cmp 3879.3
Day Timeframe






















