Buy Kajaria Ceramics only above 857 Stoploss 837 Target 895 Study : Ascending Triangle Pattern
ETHUSD moving in a ascending triangle pattern and has to give a daily close above 1450 for moving further. It seems by this month end this close is possible. Let's see how this pans out. Fingers crossed!!! Disclaimer: - These views are for educational purpose only and not a recommendation.
NSE:ITC 1. Bullish RSI Divergence at Daily & 15m timeframe. 2. Formation of ascending triangle , which is considered more towards bullish probability trend. 3. Formation of higher low at daily timeframe. 4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line. 5. Price above EMA 200...
Ascending Triangle with Consolidation at Resistance Level (Breakout Level ) with Increasing Volume in Green Candles
The stock has been consolidating for the vaccine outcome for reopening of theaters for revenue. Now that most of the states are opening theaters i think the stock which is on uptrend can breakout and make higher highs. SL is placed according to personal risk management. NB: This is not a stock recommendation, just sharing my view only
breakdown below 8630-20 (on closing basis) can open targets - 8410 , 8200, 7990 stop 8850-90 positional hold 🛑chart pattern :- ascending trianlge 🛑 🛑technical wise :- support line break 🛑 🛑momentum wise :- bearish 🛑 disclaimer - for study purpose only
Buy Dr Reddys CMP 5270 Stoploss 5160 Target 5500 Study : Stock is trading near Retesting level of Ascending Triangle Breakout ...Perfect Risk to reward scenario
After the breakout of the ascending triangle pattern in this stock, we have seen correction up to the breakout level which is acting as support. Can go long if sustain above 1130 for 1197+ target in upcoming trading sessions.
CHART ANALYSIS OF IDEA! THE BREAK ABOVE 14.50 WILL LEAD IT TO THE NEAR TERM TARGETS OF 17/19/24/28/33+ WAIT FOR THE PULLBACK TO ENTER IN IT AFTER IT BREAKOUTS ABOVE! maintain sl of under 7 if you are a mid term player! accumulation zone is of 9-12 ! ascending triangle formation on the daily charts! break above the ascending triangle can take it to 19 levels!
Let's wait and see. I am not entering this trade. Posting it for educational purpose.
We can expect a good move in the coming weeks.
BPCL will get stronger in the coming days.
Buy ITC if it is trading above 206 level stoploss 202.Target 212 Study: Ascending Triangle Pattern
The stock is forming an ascending triangle and trying to break it to go on higher side. SL can be placed according to personnel risk apatite. NB: This is not a stock recommendation, sharing my views only.
I will go long on DABUR because >: It is forming a triangular pattern. The price was moving inside the triangle. Price has finally given a small breakout and we can look at going long. Entry - 538 Target - 576/606 Stop loss - 507
The targets can be extended once there is retracement on the upper resistance trend line. NSE:HDFCBANK
The 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...
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.