Ascending Triangle pattern formation on Relinfra on EOD chart and the price will break upside or else if the price break the downside, then it will consider as a false breakout.
Trade:
Buy above - 510.50
Target 1 - 521
Target 2 - 532.50
Stop Loss - 593
Everything in chart. This is a follow up on the weekly breakout.
The stock is at a trend line support and has given a positive candle today signaling upward move.
Showing good signs on daily too with a potential ascending triangle. Good Luck.
Ascending triangle breakout soon on a daily chart as well.
Keep SL according to risk appetite and go for given targets.
Falling rubber prices also good for the stock, good results too.
It is been observed on the Daily and weekly chart that the price action is trending up and now forming a ascending triangle on weekly and daily chart indicating buyers control over price action.
Short term: (2-5 Days)
Target 205
Stoploss: 197
Mid-term (1-2 weeks)
Target: 210
Stoploss: 196
Regards
It is been observed that the price action forms an Ascending Triangle pattern on Daily chart. Now, a close above 450 levels will take the price action further up to 460-470 levels. It is wise to enter once the price action breaks the triangle formation and close above. I'm positing this chart before in order to provide you a good opportunity in advance.
Target...
Ascending Triangle on EURUSD and having good support zone on 1.08575. So long initiate at the level of support zone 1.08575 and to exit at the level of 1.11075. Indicators are showing good bullish signal...
Ascending Triangle formation on Grasim. price may break above the support line and MACD showing bullish crossover on bullish trend.
Trade:
Buy above - 1101
Target 1 - 1112
Target 2 - 1124
Stop loss - 1188
As we can see 20410 was upper resistance, while in consolidation volume was low, made higher low ,
Break out with burst of Volume, as prior trend was upward, its continuation pattern
Price is about to breakout from an ascending triangle formed on Sobha Ltd. Good opportunity for long entry. Enter only if price breaks out from the triangle.
#Target 1: 290
#Target 2: 305
Happy Trading!!!
Good trading opportunity in the stock exists. Ascending Triangle broken combining the Flag pattern and it seems that if has already shaken the weak traders today so upward journey may be smooth now. Buy now or or dips depending upon the risk taking capacity where stop loss of 39.20 suits to you. Target 43.50
Price is about to breakout from an ascending triangle formed on Balaji Telefilms. Good opportunity for long entry. Enter only if price breaks out and closes above the triangle.
#Target 1: 102
#Target 2: 112
Happy Trading!!!
Price is about to breakout from an ascending triangle formed on Reliance Industrial Infrastructure. Good opportunity for long entry. Enter only if price breaks out from the triangle.
#Target 1: 440
#Target 2: 460
Happy Trading!!!
Ascending Triangle on TATA Motors and will break the top line of the triangle. Indicators like RSI, MACD & Stochastic are showing bullish sign.
Trade:
Buy above - 483
Target 1 - 499
Target 2 - 516
Stop Loss - 467
Reward Points - 33
Risk Points - 16
"Happy Trading"
