it is forming Ascending triangle pattern on hourly chart. 20% upside visible post breakout. keep this stock on radar for breakout.
Buy CDSL at CMP Stoploss 798 Target 880 Study: Ascending Triangle Pattern Breakout
Price 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.
Chart is telling a really good story :)
As analysed previously .. gave a good bounce back and a potential breakout is near :)
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...
NSE: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.
Price forming ascending triangle pattern and it is getting ready to break.
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.
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 IS UNDERVALUED. EVERYBODY SAYS THAT. BUT NOW #POLKADOT REALLY HAS TO BREAK THE ASCENDING TRIANGLE.
Formation of ascending triangle Harami pattern Possible breakout
This 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 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
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
LOOKS 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:...
Both higher and lower time frame giving the same result - Ascending triangle pattern. Big time for investors
Price forming Ascending triangle in both higher and lower time frames and there is a break on due.