Ascending Triangle
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.
Nifty ready to rumble ?As analysed previously .. gave a good bounce back and a potential breakout is near :)
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
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Asian Paints - BullishNSE:ASIANPAINT looks bullish and formed cup and handle pattern. If the momentum continues the price will shoot-up else will come for a retest.
Disclaimer : This chart is for education purpose only. I will not be responsible for your losses or profits.
Astral - Ascending triangle breakoutPrice forming ascending triangle pattern and it is getting ready to break.
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
#DOT POLKADOT IS UNDERVALUED#DOT IS UNDERVALUED. EVERYBODY SAYS THAT. BUT NOW #POLKADOT REALLY HAS TO BREAK THE ASCENDING TRIANGLE.
Study 5: Ascending Triangle - ASIAN PAINTSThis is Just for study purpose. ASIAN PAINTS seems to be a ascending triangle breakout. Will closely observe and will analyse where to jump in for this trade.
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
BHARTIARTL BULLISH The stock has been consolidated for more than 13years keep an eye
Reason :
1. Result on 17 May 2021
2.Airtel beats Jio to add most active users for a third straight month(expecting good results )
3.Formation of ascending triangle pattern
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.
Hindunilvr - Ascending triangleBoth higher and lower time frame giving the same result - Ascending triangle pattern. Big time for investors
Goacarbon - Ascending trianglePrice forming Ascending triangle in both higher and lower time frames and there is a break on due.
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
Moil - Ascending Triangle patternPrice forming ascending triangle and got the required compression, it is ready for the break.
Nifty Intraday levels for 10 May 2021 (Triangle Pattern)Execute Long Only if the RSI Breaks the trend line and the price should be above 14870 for a target of 14980.15000 will be our Strong Psychological Resistance as per Open interest.
Execute Short below 14770 , as the price breaks the Strong support of 14800 ( As per open interest ) for target of 14670 & 14600 levels.
Right now , Index is in indecisive mode. Don't take heavy positions.
Kindly share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for Educational purpose only.
Grauer & Weil, forming ascending TriangleLast few weeks it was moving in narrow range at the Lower trend line of the ascending traingle. It touched the lower trend line gave narrow ramge break with volumes.
Ascending Triangle breakout is still awaited.
Based on range break, can enter in parts here.
Range break
Not a recommendation
For educational purpose
