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22 0 0
M_MFIN, 1D
triangle pattern formed

descending triangle pattern formed

187 3 3
UNITECH, 240
Potential Consolidation Breakout

Unitech Ltd. is in a consolidation for a long time now. A triangle pattern called 'Descending Triangle Pattern' is forming on the 4 Hour time frame. Although, the text book definition of a 'Descending Triangle Pattern' is that the price usually break to the downside, however, that's not always the case. Also, the RSI shows divergence + there is also an ongoing ...

64 0 3
GOACARBON, D
Reverse Cup Pattern

Explained in the chart Education purpose only...

tumpa.slg7 tumpa.slg7 SUNPHARMA, 60, Long ,
78 0 5
SUNPHARMA, 60 Long
SUN PHARMACEUTICAL

Descending Triangle

raj3elite raj3elite PNB, 60, Short ,
81 0 6
PNB, 60 Short
Descending Triangle on PNB

Descending Triangle on PNB. NOTE: This chart recommendation for positional, not for an intraday. Trade: Short below - 139.00 Target 1 - 136.80 Target 2 - 134.50 Stop loss - 142.40 Risk : Reward => 1 : 2 Reward Points - 4.5 Risk Points - 2.5

raj3elite raj3elite NIFTY, D, Short ,
143 0 3
NIFTY, D Short
Descending Triangle on Nifty - SHORT

Descending Triangle on Nifty. On my study, nifty 8060 looking good support and if break the level and as well triangle, to continue the fall till 7935.

raj3elite raj3elite TATASTEEL, 60, Short ,
61 0 3
TATASTEEL, 60 Short
Descending Triangle Formation on Tata steel - SHORT

Descending Triangle formation on Tatasteel. Trade: Short below - 410.50 Target - 405 Stop Loss - 415 Reward Points - 5.5 Risk Points - 4.5

raj3elite raj3elite NIFTY, 60, Short ,
146 0 3
NIFTY, 60 Short
Descending Triangle on Nifty -Short

Descending Triangle formation on Nifty and showing bearish trend on other indicators. Trade (Spot Price) Short below - 8125 Target 1 - 8113 Target 2 - 8107 Target 3 - 8099 Stop Loss - 8141 Reward Points - 26 Risk Points - 16 "Happy Trading"

raj3elite raj3elite IBULHSGFIN, 60, Short ,
211 12 8
IBULHSGFIN, 60 Short
Descending Triangle on IBULHSGFIN - SHORT

Trade: Short below - 711 Target 1 - 705 Target 2 - 698 Stoploss - 720

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