Ascending Triangle
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.
INTELLECT Channel/Ascending triangle BO - Intraday to positionalNSE:INTELLECT Levels already mentioned.. Good candidate for swing and investing if interested..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks.
Cumminsind | Trendline & Ascending Triangle BO at same time 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy Above =593.85 or CMP
--Target = 745.45 | 871.45
--Stop-loss = 530.10
--Lot Size =1200
--R:R = 4.35
--Expected Profit = 3,32,000 ₹ per lot (46 % )
--Expected Holding = 1-3 Months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Longterm trendline break with good volume
2) Ascending triangle break with trendline
3) Retracement is probaly done
4) Targets is based on the resistance areas
Guys check out the related ideas as well, it will work really well GUARANTEED !
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👍LIKE if think is useful !
✍COMMENT Below your view !
ESAB INDIA - Could it be a Multibagger !!!Stock P/E 48.0
Industry PE 40.1
Dividend Yield 3.70 %
ROCE 32.0 %
ROE 23.5 %
Face Value ₹ 10.0
ROCE3yr avg 23.9 %
ROE 5Yr 14.0 %
Piotroski score 7
OPM 12.8 %
OPM 5Year 11.1 %
Promoter holding 73.7 %
Free Float Mkt Cap ₹ 766 Cr.
Pledged percentage 0.00 %
Debt to equity 0.01
Intrinsic Value ₹ 1,687
Technically:
- Brokeout after a long box consolidation and now it has formed an Ascending Triangle Pattern.
I see a TARGET of 2375 sooner than later.
Momentum index > 0 - POSITIVE
Relative Strength rising over Nifty - POSITIVE
GAIL - Ascending triangle pattern at monthly TFGAIL - Ascending triangle pattern formation at monthly TF
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Bank Nifty - Ascending triangle pattern formation at 15 mins TFBank Nifty - Ascending triangle pattern formation at 15 mins TF
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Ascending Triangle, Swing Trade, DaburThe stock has been consolidating in 530 to 498 range for long time. Yesterday it broke 530 and i am guessing we can see an upside movement. Also, if we zoom out, the chart looks similar to build up of ascending triangle in daily and weekly time frame. Trade looks good for short time duration. Stop loss can be put according to personal risk management.
NB: This is not a stock recommendation, i am just sharing my view only.
AMARAJABAT is waiting for breakout above 965(Ascending triangle)NSE:AMARAJABAT Levels mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
AMARAJABAT Long IdeaAMARAJABAT is consolidating and making Higher Lows (Ascending Triangle)
Price is currently at Resistance Zone, Breaking 965 Level can bring good upside move
Long View negates below if breaking 925-922
Keep it on radar for coming weak.






















