Bank Of India | Triangle Pattern Breakout | Swing TradeBank Of India | Triangle Pattern Breakout | Swing Trade
1) Triangle Pattern Breakout
2) Breakout and good consolidation and upward momentum
this is just a view and trade at your own risk
Breakoutpullback
INDIANB Ascending Triangle Breakout
From a weekly timeframe perspective, INDIANB did a strong breakout with good volumes from an Ascending Triangle pattern
Stock was taking support at the 50 EMA and now has broken 200 EMA on the upside
Can wait for a minor pullback to happen and then enter based on the daily timeframe.
Has a good potential on the upside with a Risk/Reward of 1:6
BANKBARODA Long- Breakout PullbackBANKBARODA has broken out on the upside from the symmetric triangle. Pullback done and reversed with a hammer candlestick formation. Can enter long with the target levels marked and SL for 76
PS: BANKNIFTY also looks strongly bullish in terms of the market trend
Yes Bank: Will This Breakout Fructify?I published Yes Bank long idea yesterday but mistakenly as a private idea. Rectifying my mistake.
It would be interesting to see this idea in a negative market environment.
Regards.
The Breakout-Retest Trade IdeaNotes on the chart.
Your likes and comments are highly appreciated.
Trade safe.
Amarajabat: BO Pullback"Nobody knows what a stock gonna do, the least we can do is to build a plan and execute it".
Notes on the Charts. Aggressive entry or entry in the demand zone could be two favorable approaches to follow.
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Trade safe, stay healthy
Best Regards
Afraidtotrade
