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Ascending Triangle

ASCENDING TRIANGLE BREAKOUT Today I've taken a long position in ACC as it has given an ascending triangle breakout with 20 day and 50 day moving average golden crossover. My entry was at 1873.90 Stop loss at 1751.20. Target : 2119.45 Stock is trading at all time high that is why I have kept 1:2 risk reward only. How many of you have also taken entry in this stock? Please do let me know. And also feel free to share any opinions. Note : This is not a tip or any kind of suggestion. Please enter at your own risk and take the responsibility if you do.
NSE:ACCLong
by ytayade254
UPDATE: MCX Mentha Oil Overall Outlook Is 'Strongly Bullish'MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’ How many of you bought Mentha oil after reading this report? Mentha oil made a high of 964.9 yesterday, and the first target has come. Approx. Profit /L = Rs.15,000+ The short-term investors can book profit here. As I mentioned in the above chart, it's MA crossover time. It may move sideways. Overall, it's in an uptrend. Hence, the targets will remain the same.
MCX:MENTHAOIL1!Long
by freestocktips
Edelweiss- A chart worth looking.This is a chart which is worth looking at. Monthly chart is reflecting that it is at its demand level in monthly time frame. Most importantly it stopped making lower highs and lower lows after a long long time. Last time stock moved to higher levels exactly from these levels and now testing the same levels again. Monthly Chart for the reference:- Looking at weekly chart it is riding a trendline and making higher lows as well. We can look at it other way as well . Sellers are getting weak with every swing and are unable to push prices at lower levels. Weekly chart for the reference :- Now finally lets look at daily chart Price is testing/rejecting levels of 86.50 again and again. and it is kind of making an ascending triangle which is also giving positive signs and dont forget to look at the volumes which is being generated in last few trading sessions. Keep an eye folks Fingers Crossed. Happy Trading.
NSE:EDELWEISSLong
by LearnersParadise
2
Godrejcp | Inverted Head & shoulder Breakout 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕ -- Buy above =767 or CMP --Target = 850 | 898 --Stop-loss =716 --R:R =2.55 --Expected Profit = ( 16% ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) stocks has given the Breakout of major resistance & retested is DONE 2) Head & Shoulder Formation & its breakout 3) there is a ascending triangle pattern sort of 4) Volume is very perfect at the time of breakout & after the retracement as well 5) Targets is based on S&R zone rather than pattern's height Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:GODREJCPLong
by ReviveTraders
14