Ascending Triangle
NESTLEIND - SWING TRADE - 6th December #stocksNESTLEIND (1D TF)
Swing Trade Analysis given on 6th December, 2023 (Wednesday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #nestleind
SUNTECK REALTY - SWING TRADE - 5th January #stocksSUNTECK REALTY (1D TF)
Swing Trade Analysis given on 5th January, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance & Breakout - Done ✓
- Retracement & Consolidation - In Progress
- Change of Polarity - In Progress
#StockMarketindia #StocksInFocus #swingtrade #chartanalysis #sunteckrealty
YATRA : Swing Trade#yatra #swingtrade #breakout #patterntrading #ascendingtrianglepattern #momentum
YATRA : Swing Trade
>> Momentum stock
>> Ascending Triangle Breakout
>> Expect some Big Volumes in coming days
>> Good Relative Strength in Stock
>> Low Risk High Reward Trade
Swing Trade can lock profits at 10% and keep trailing
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
PVRINOX - SWING TRADE - 18th December #stocksPVRINOX (1D TF)
Swing Trade Analysis given on 18th December, 2023 (Monday)
Pattern: ASCENDING TRIANGLE
- Volume Spike at Neckline - Done ✓
- Neckline Breakout - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #pvrinox
FINCABLES - SWING TRADE - 30th November #stocksFINCABLES (1D TF)
Swing Trade Analysis given on 30th November, 2023 (Friday)
Pattern: ASCENDING TRIANGLE
- Volume Spike at Neckline - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #fincables
LXCHEM - SWING TRADE - 3rd December #stocksLXCHEM (1D TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #lxchem
360ONE - SWING TRADE - 30th November #stocks360ONE (1W TF)
Swing Trade Analysis given on 30th November, 2023 (Friday)
Pattern: ASCENDING TRIANGLE
- Neckline Breakout - Done ✓
- Retracement + Consolidation - In Progress
- Pullback Candle - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #360one
REPL | SPEED & STRENGTH - A SOLID COMBO!Points to Note:
_______________________________
1. Inverse Head & Shoulder Base, indicating accumulation with purpose
2. The right Shoulder also has printed an Ascending Triangle, reinforcing the aggressiveness of buyers
3. The Breakout of the Neckline was preceded by a HH, HL movement. Price is also sustaining well above the Neckline
4. The SPEED from the Ascending Triangle breakout will stand firmly on the STRENGTH of the H&S.
Considering these points, a buy can be initiated:
Entry: CMP -220
SL:186
Target: 274 (Pattern Height of H&S)
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
NAVINFLUOUR - SWING TRADE - 1st December #stocksNAVINFLUOUR (1D TF)
Swing Trade Analysis given on 1st December, 2023 (Friday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #navinfluor
TVSMOTOR Analysis!TVSMOTOR Analysis on Daily Timeframe!
Ascending Triangle Pattern in TVSMOTOR!
Resistance Breakout in TVSMOTOR!
TVSMOTOR has made an Ascending Triangle Pattern on Daily Timeframe. It has given a decent gap up breakout to it's resistance trendline before that price is making Higher Low's and formed an Ascending Triangle Pattern. TVSMOTOR tasted it's resistance about 2 times but couldn't break it. Today it has given breakout to it's resistance. As TVSMOTOR trading about All Time High so for price forecasting I have applied Fib Retracement from it's recent high to recent low and now we have our upside levels. These fib levels we can consider as our upside targets as well as resistances. Also TVSMOTOR has taken a good support at 50EMA and now trading above it so we can expect the price will go upwards.
Trade Psychology and Setup = 1190 after retesting
Entry = One can enter after Retesting
Target = Projected Target Will be 1696.65 and Fib Levels
Stop Loss = Below 1142.60
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Breakout in Poonawala after 2 years!The stock of Poonawala fincorp has been consolidating in an ascending triangle pattern since end of 2021.
Currently, the stock is trading above its previous all time high of around 343.8
Buying at the top is always risky so keep this stock in watchlist and enter at a retest of 320 levels or as per your own risk reward.
Idea is shared for educational purposes.
Breakout of an Ascending Triangle PatternSwing trade setup for 5 to 6%
Today we have a breakout of ascending triangle pattern and the price has entered the resistance zone. The breakout of 240 will open the levels of 255 which is a 6% move.
Hit the like button!! Show some energy!!
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Thanks
Er. Simranjit Singh Virdi
BANK OF BARODA - Ascending Triangle PatternBANK OF BARODA has formed Ascending Triangle Pattern and started to gave a breakout from 169 as that was resistance level. Based on the pattern, one can enter around 180 and target can be set around 223 with Stoploss to be set around 160.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.