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Ascending Triangle

Is PNB on a new support line? Swing Trade opportunity!!!PNB is retesting the previous resistance level, if it sustains and marches upward it will become the support!!! Good volumes. Can enter at current market price. Target - 55/60/70 SL - 35 Above 70 it will be a delight!!! Need greater patience, since it is a PSU banking stock it will rise on a gradual basis!!!(Maybe more than 3 months) Note: All levels are only for educational purpose. Follow and show your support!!! _/\_
NSE:PNBLong
by BM579
2
NIFTY DAILY - 19/2/2024Fifth winning strike of bulls and Nifty50 made All the Time High that is 22186. Nifty has form green body candle with long upper and lower shadows. Currently candle is trading near upper band of Bollinger Band. Index is forming Ascending Triangle So further uptrend can be seen towards 22381 with support of 21939 level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
CMSINFO | Weekly Chart | Ascending triangle patternChart analysis: Pattern: Ascending triangle pattern is formed when the consolidation takes place. The pattern is formed from more than 6 months candles indicating strong pattern formation and after BO the trend continues. Pullback: Pullback of last rally is between 0.382 and 0.5 which indicates the momentum is still present. Volume: Volume dry up happening, confirming the consolidation phase. Conclusion: Wait for the Ascending triangle BO supported by volume spike. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:CMSINFO
by SanjogY