Ascending Triangle
SBILIFE breakoutAscending triangle breakout in sblife. buying range would be around 760-765. Target 780-785. SL 753.
BTC $11K coming soon !!An ascending triangle is a chart pattern used in this technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. Volume tends to be stronger during trending periods than during consolidation periods. So, probably the first profit take is $11K resistance zone as on chart.
INDIGO- AT AN IMPORTANT LEVELNSE:INDIGO \
LEVELS ON CHART.
ASCENDING TRIANGLE PATTERN.
ONLY FOR EDUCATIONAL PURPOSE
INFY - 2H TFAscending Triangle above 712 on 2 Hours Chart of INFY. I don't know either target or SL but keep this in mind that INFY is trying to breakout the resistance zone of 712 since past couple of days and got denied the third time on Friday. Moving above 712 will give a nice intraday opportunity to enjoy the breakout in this stock. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BAYERCROP Ascending Triangle BreakoutBAYERCROP has shown an ascending triangular movement over the last week.
The last daily timeframe candle has tried to move down but shown a rejection of lower levels.
Breakout can be traded at the break of the previous high @ 5451 with a target @ 5584.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
DRREDDY-Dr.Reddy's Laboratories Ltd-Ascending Triangle FormationDr. Reddy's Laboratories Ltd- Ascending Triangle Formation.
APOLLOTYRE BULLISH TARGET 113NSE:APOLLOTYRE
BUY WITH A TARGET UPTO 113. WAIT FOR CANDLE CLOSE ABOVE 108.5 ON 15 MIN TIME FRAME.
PROS
BROKE OUT OF SYMMETRIC TRIANGLE
UNFILLED GAP UPTO 114
VOLUME SUPPORTED MOVE
UPTREND
CONS -
MAY RETRACE/PULL BACK.
TAKE THE TRADE IF YOU ARE COMFORTABLE WITH RISK REWARD RATIO
ONGC - Breakout - Ascending TriangleONGC has given a clean breakout from the ascending triangle pattern. Generally after the breakout , the price tends to retest the breakout level which is around 79-80. Therefore wait for the stock to retest the breakout point and make an entry only around those levels. Trading using this approach would give you a favourable Risk-Reward setup.
Target 1: 88
Target 2: 90
Target 3: 94
Stop Loss : 76
Dr Reddy Ascending Triangle Breakout Possible UpmoveExpecting a breakout on upside from these levels
Ultratech cement AT BOUltracemco formed Ascending triangle in Day candle.., A strong Buy signal. It is strong abv 3675 for Intraday as well as positional.
