Symmetrical Triangle pattern is formed on ONGC. Wait for price to break out from the triangle. If it breaks out upward, go long. In case of downward breakout, enter the short trade.
Target in case of upward breakout: 217
Target in case of downward breakout: 188
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
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
Sorry, I didn't post this chart earlier, and you missed the breakout from consolidation area.
Now you can look for breakout from daily trendline, targeting next resistance.
Great risk reward ratio, as we exit below the trendline.
CMP - 1329
Target - 1410
Enter = Low of candle above trendline
SL = High of candle below trendline.
Follow or star...
stock is reaching near around 10 year high again. so if it blast upside then the move will be parabolic we might not be able to get in the the stock.
current level look great to buy at 92 with a little wide SL 70 and move SL with Sloping trendline once position built.
always trail the SL in such stock.
stock movement looks promising.