► ADVANCE PATTERN #20: CANBK ◄► ADVANCE PATTERN #20: CANBK ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Timeframe Daily Ⓓ
➟ Triangle Pattern ►
➟ Trend line ⍩
➟ EMA 250 ↝
➟ Time Correction ⌚
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 161
SL: ✘ 154
Target: ➚ 190/210
RR: ☈ 1:4.0
Return: 18%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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CANBK
CANARA BANK TRIANGLE PATTERNNSE:CANBK
Keep in Watchlist. Trading in Triangle Pattern.
Breakout of Pattern can lead stock to 175 short term and 220 Positional Target.
Breakdown of Pattern can lead it towards 125 again.
Wait for Confirm Breakout or Breakdown and go Long or Short accordingly.
SL will be below Breakout level or above Breakdown levels
**EDUCATIONAL PURPOSE
#DCBBANK CMP111.25 #Target 124.65 #HDFCBANK #ICICIBANK #AXISBANK#DCBBANK
NSE: DCBBANK
Short Term Quick Profit
CMP 111.25
Target : 124.65
SL : 104
Timeframe < 45 Days
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
PSUBNKBEES, Another chart worth risking. By #The_RedTickerI must admit, its been a while since I have stumbled upon a chart so simple yet so valuable.
Simple falling channel , with one of the bottoming out patterns, (book-ish) Inverted Head & Shoulder .
Volume Indicates, I am late to spot this...but not too late as the pattern is just on verge of completion.
Should be a slightly MID-LONG term 'investment' kind of Long trade....but the current risks to prospective rewards look just too good.
May the odds be in our favor!!






















