ICIC Prudential - Ascending triangle pattern formationMarket Analysis - Ascending triangle pattern formation in 30 mins time frame
Ascending Triangle
Cadila HC - Short - Not able to breakout third time runningWe have heard this.. same resistance hitting again and again makes it weak? Well that's true but you can never go blind in the market as the market is supreme
Reasons for short:
1) Did not break the resistance third time running
2) Fell down till my price action support. An opening below 374 can look good for a short. Short should activate below days low only at 372
3) The pattern is ascending which supports our short move
4) The breakout of price action support did not get much volume
Now, what if it opens above the support? Then we wait. Long only and only activates above 385 and as this is a long and strong resistance the move breaking it should be with volume, else susceptible.
Be patient. Never have FOMO. Markets are open through your lives, only trade on levels and strictly per rules
#Disclaimer: Consult your financial advisor. Trade strictly with stop loss per your appetite. Trail diligently
APOLLOHOSP - LONGAs mentioned in the chart, the asset has taken resistance at the same level 4 times and coming again ie the resistance level has become weak. A clear ascending triangle pattern and a chance for breakout if the market sentiment is postive.
Cheers.
Equitas - Short Term longEquitas recently made an ATP BO and also completed its pullback in a positive way.., So my Short term Trgt for this stock is 71
"Castrol India " "Long" Since April Castrol India is in Recovery mode. The Stock is forming an Ascending Triangle pattern. After a breakout the stock can be seen touching 158-160 levels in the coming 3 to 6 months. The stock is also good from fundamental point of view. The company is almost debt free and operations are returning to normal conditions.
Ascending Triangle On National Aluminium.Today the National Aluminium has broken out from the Ascending Triangle .
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The volume is comparatively high.
The quarterly results are positive too.
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Now the breakout has happened, the previous resistance will act as a support 35.00
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This is a good chance
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Ignore the RSI
equitas broken the trianglecan capture huge move
wait till the close for swing trading
only for educational purpose
Long Colpal 1548SL can be when it moves out of triangle breaking down the inclining pink trend line.
IOC is forming nice triangle pattern.IOC is forming nice triangle pattern. Will be good candidate if breakout happen with good volume.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
SRTTRANSFIN triangle pattern.SRTTRANSFIN will be good above 735 if breakout happen with good volume.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
PETRONET Ascending trianglePETRONET has given a breakout with good volume. Will be good for Short Term.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
Ascending Triangle in ECERXThis ascending triangle formation in eclerx needs to be observed for breakout on the upside for a potentially rewarding target of 90 to 100 points
For information and entertainment purpose only
Trade at your own risk and knowledge.
Bharti Airtel Break out on Daily ChartBharti Airtel is looking good on a daily chart. Forming a triangular Chart Pattern.
Break out above 580 will take it to 640 with a stop of 540.
Happy Trading.
#Bharti_Airtel
#Stock_Market
#Intelligence7
USDCHF- PREFER SHORTThe USDCHF counter’s price broke the support line of the ascending triangle. The bullish trend has come to an end. Short is suitable for this counter because of the current market conditions. The bearish trend may prolong for a couple of days and the price is expected to fall till S1.
If the price retrace back to the support trend line then square off your short positions in this counter and exit trading in this counter.
Cyient is about to breakoutIn one hour chart Cyient is showing ascending triangle pattern which can consider as a consolidation too.
MFSL ascending traingle patternWatchout for breakout on either side. Target will be levels given on the chart. Will update the SL when the breakout happens.
ITC LONG, ASCENDING PATTERN +GOOD Q4THE STOCK HAS GOT GOOD SUPPORT AT 190-192 , TARGETS AS MENTIONED .
THE Q4 RESULTS ARE LOOKING GOOD
BEGINNER IN ANALYSIS ,LIKE IF U LIKE IT
