IRCTCIRCTC forming an Ascending triangle pattern. Strong resistance at 1498-1500. Waiting for a breakout!
Ascending Triangle
DOES NIFTY50 IS GOING TO STOP FALLING?As we can see NIFTY50 broken from the ascending triangle and consistently falling.
CASE 1.
NIFTY is at a major support level if it will break level we might see some more bearish move to downside at 50% fib level and then to another support level
CASE 2.
NIFTY bounce back from the support level To 14220 level and then above resistance zone
Let me know guys if you liked my analysis on NIFTY50 and do share your views on NIFTY50
Balrampur chini bullish view ! As mentioned in chart, it is forming double bottom pattern in 1d time frame.
Possible targets:
1) 185
2) 195
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Buy Kajaria CeramicsBuy Kajaria Ceramics only above 857 Stoploss 837 Target 895
Study : Ascending Triangle Pattern
Ethereum moving in a ascending triangle patternETHUSD moving in a ascending triangle pattern and has to give a daily close above 1450 for moving further. It seems by this month end this close is possible. Let's see how this pans out.
Fingers crossed!!!
Disclaimer: - These views are for educational purpose only and not a recommendation.
ITC | Buy - RSI divergence + Ascending Triangle Formation NSE:ITC
1. Bullish RSI Divergence at Daily & 15m timeframe.
2. Formation of ascending triangle , which is considered more towards bullish probability trend.
3. Formation of higher low at daily timeframe.
4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line.
5. Price above EMA 200 on daily timeframe, its still bullish.
Swing Trade
Target1 - 222
Target2 - 234
Target3 - 244
SL1 - 205
SL2 - 200 (trend reversal)
Nickel (MCX) is Ready to Give Fresh Breakout RallyAscending Triangle with Consolidation at
Resistance Level (Breakout Level ) with Increasing Volume in Green Candles
ASCENDING TRIANGLE, SWING TRADE, PVRThe stock has been consolidating for the vaccine outcome for reopening of theaters for revenue. Now that most of the states are opening theaters i think the stock which is on uptrend can breakout and make higher highs.
SL is placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only
ascending triangle based tradebreakdown below 8630-20 (on closing basis)
can open targets -
8410 , 8200, 7990
stop 8850-90
positional hold
🛑chart pattern :- ascending trianlge 🛑
🛑technical wise :- support line break 🛑
🛑momentum wise :- bearish 🛑
disclaimer - for study purpose only
Buy DR ReddysBuy Dr Reddys CMP 5270 Stoploss 5160 Target 5500
Study : Stock is trading near Retesting level of Ascending Triangle Breakout ...Perfect Risk to reward scenario
MGL continue its bullish rally towards the target 1197+ After the breakout of the ascending triangle pattern in this stock, we have seen correction up to the breakout level which is acting as support. Can go long if sustain above 1130 for 1197+ target in upcoming trading sessions.
EK IDEA JO BADAL DE APKI DUNIYA! LOL BUT HERE IS MY VIEW ON IDEACHART ANALYSIS OF IDEA! THE BREAK ABOVE 14.50 WILL LEAD IT TO THE NEAR TERM TARGETS OF 17/19/24/28/33+
WAIT FOR THE PULLBACK TO ENTER IN IT AFTER IT BREAKOUTS ABOVE!
maintain sl of under 7 if you are a mid term player!
accumulation zone is of 9-12 !
ascending triangle formation on the daily charts! break above the ascending triangle can take it to 19 levels!
Glenmark is good to go longLet's wait and see. I am not entering this trade. Posting it for educational purpose.
Buy ITCBuy ITC if it is trading above 206 level stoploss 202.Target 212
Study: Ascending Triangle Pattern
ASCENDING TRIANGLE, SWING TRADE, GLAND PHARMAThe stock is forming an ascending triangle and trying to break it to go on higher side.
SL can be placed according to personnel risk apatite.
NB: This is not a stock recommendation, sharing my views only.
DABUR forming Ascending triangle , Buy at I will go long on DABUR because >:
It is forming a triangular pattern.
The price was moving inside the triangle.
Price has finally given a small breakout and we can look at going long.
Entry - 538
Target - 576/606
Stop loss - 507
HDFC BANK ascending triangle patternThe targets can be extended once there is retracement on the upper resistance trend line. NSE:HDFCBANK
ASCENDING TRIANGLE, SWING TRADE, TORRENT POWERThe stock got corrected by testing the resistance level previously and we can see it is coming for testing the resistance again. If resistance is broken and sustained we can see an up movement. The stock is a channel trading one so holding on for too much time won't do any good unless the upper channel is broken.
SL can be placed according to personal risk apatite.
NB: This is not a stock recommendation, just sharing my view only.
Watch Out for Ascending Triangle Pattern Break-Out in "JublFood"Jubilant Food , forms "Ascending Triangle Pattern" on hourly time frame as well as 15min TF also.
Above I gave all the details with Stop & target & this could be a nice rally for those who missed Biryani Treat from JublFood.
you can also research it and post it in the comment section.
Ascending Triangle - Breakout OpportunityNSE:MUTHOOTFIN in ascending triangle can give an good upward breakout.
INTELLECT Channel/Ascending triangle BO - Intraday to positionalNSE:INTELLECT Levels already mentioned.. Good candidate for swing and investing if interested..
Note:
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