NSE:APOLLOTYRE APOLLO TYRE MIGHT SOON BREAK THE 150 LEVELS AND WE CAN ALSO SEE AN ASCENDING TRIANGLE FORMATION ON DAILY TIMEFRAME. WHICH SUGGEST A MOVE UPWARDS. NOTE-THIS IS JUST FOR EDUCATIONAL PURPOSE. IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
SOBHA - Ascending Triangle Breakout with Good Volume
Benchmark Nifty50 breaks down below the rising channel, which held price up since 30th Sep’20. The index now confirms a series of lower-highs and lower-lows on the 75min chart - sign of short term weakness. The height of the Ascending Triangle now suggests a downside target of (11,600-11,650) for the index which coincides well with the previous swing low. So from...
12016 has been established as a decent resistance by NIFTY FINSERV (owing to the heavy consolidation around the range on 21st Oct). An Ascending triangle pattern can be drawn over the chart with the top at 12016 levels. However, if the Gap-up opening on 23rd Oct is to be neglected, then it could also be a simple triangle pattern with a tilted top as opposed to a...
Banknifty moved up more than 1000 points, but no major movement was seen in this stock. Expecting it to blast in coming days. Pattern : Ascending Triangle. CMP : 625 Target : 670, 700
AN ASCENDING TRIANGLE PATTERN CAN BE SEEN ON DAILY TIMEFRAME. THERE IS ALSO SUPPORT ON FIBO-RETRACEMENT. THERE CAN BE A BUYING OPPORTUNITY. NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE. NSE:INDUSINDBK IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
Possible Trade After Breakout: Buy Ambuja Cement Above 250 SL 247 Target 263+
NSE:AXISBANK Moving for a positive breakout Ascending Triangle Double Top in supply zone retraced from 23.6% Fibonacci level option chain resistance Zone 480 to 500 OI (call option) short covering at 480
(Positional Trade) | RR 1:4+ | Pattern :- Ascending Triangle Reasons To Trade🤔 :- Bullish Sector, Stock In Uptrend, Above 200 DMA, Forming Perfect Ascending Triangle, Last Candle- Bullish Engulfing. Entry :- 770 - 780 Stop Loss :- 750 - 755 Targets :- 815 -> 848 -> 868 -> 900 (Risk Must Be Managed.) Keep Your Eyes On Index 😜Follow For More ✔ Give Me...
Follow the levels provided below:- Buy above 676 Sell below 671 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. ...
Trade the breakout !!! Buy above 2850 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward...
Triangle are the most accurate and the most commonly used chart pattern, which shows 99% chances of stock breakout/breakdown. once price goes out of the triangle,it shows a 99.7% true breakout/breakdown. that's why most of the traders trade on it when the price goes out of the triangle for a confirmation. all triangle patterns and the details of it are mentioned...
Currently infratel trading end of its ascending triangle bullish trend formation. We will see either breakout or breakdown in this stock in tomorrow session. There have two possibilities mentioned in the chart due to stock trend is downtrend but the market trend is positive.
Wait for the stock to break on either side.
514 is an important level for the stock, as it seems from the chart. So look out for a breakout..... Look at the charts and make an informed decision. Thank You Happy Trading Beware of risk involved in stock market and this is for educational purpose only.
"Company launched cancer drug Lapatinib tablets in the US". This news may or may not have an impact on the stock, but the pattern and the price action clearly gives a bullish indication. Please follow strict entry and exit rules to minimize your loss as well as maximize your gains. Entry - above 1023 Target - Trailing stop-loss Stop-loss - below 1020 Look...