Descending Triangle

PNB is forming a Descending Triangle, look for opportunities as specified on chart. Entry : 91.5 - 92 Range (Take Stance after getting a strong closing below given range) Stoploss : 2.5% (Closing Basis) Basic Target: 89 Optional ways : Derivatives are best case as expiry is just 7days away. if you have any queries regarding above idea or any other stock...

All levels Mentioned in the chart. P.S. These are my views, doesn't mean anyone should take random trades basis this. Please do your own analysis or consult a reliable adviser.

POWERGRID is forming A descending traingle , Look for opportunities at either side break of triangle Entry : Long Abv Upper TL <=> Short below Blue zone Stoploss : Discretionary (Closing Basis) Basic Target: 10% " Idea by Malkiat Singh" if you have any queries regarding above idea or any other stock feel free to D'M Recently we launched, TruStox Community...

PETRONET DAILY, above 200 sma and price approaching supply zone. With descending triangle pattern Target 230

PETRONET WEEKLY, descending triangle pattern. price will come down to 210-200

IBULHSGFIN is following the descending triangle channel and it is expected to kiss the channel support. Even if it breaks the channel resistance, we can expect a reversal from 50 sma and then back to channel.

TATAELXSI SHORT AT 912 with a Stop-loss of 967 for The Target at 744 Risk 6% & Reward 18.43% Risk Reward Ratio 1: 3.05 Bearish Continuation Pattern Descending Triangles In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving...

Indusindbk Short below 1471 Stop-loss 1490 Target 1406 Risk 1.29% And Reward 4.42% RR Ratio 1: 3.42 Bearish Continuation Pattern Descending Triangles In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower.

Relcapital Sell Below 221.60 Stop-loss 234 Target 168.40 Risk 5.57% & Reward 24% RR Ratio 1: 4.30 Another Probability is, it can be turned out into triple bottoms as well but looking at the prolonged decline I personally prefer to sell descending triangle breakout rather buying triple bottoms. Continuation Pattern Descending Triangles In this “flat-bottom”...

DESCENDING TRIANGLE FORMING IN HDFC BANK BUT WAIT FOR IT NOVEMBER FUTURES BEAR-TRAP IN PLACE BUY HERE MIGHT SEE BOUNCE BACK BEFORE CLOSING TODAY IF CLOSES ABOVE 1920 THEN BUY@1910 STOP@1895 TARGET@1955 LOT:250 QTY:3 SECOND TRADE WE WILL SHORT @THE TRENDLINE WAIT FOR IT

DESCENDING TRINAGLE IN KPIT TECH OCT FUTURES SHORT BELOW 205 ON CLOSING BASIS STOP@210 TARGET@196 LOT:4500 QTY:1

INTRA-DAY SHORT TRADE IN SBI HOURLY DESCENDING CHANNEL BREAK -DOWN CAUTION EXPIRY WEEK MAY SEE VOLATILITY STOPLOSS IMP OCT FUTURES SHORT@257.5 STOP@260 TARGET@252.5 LOT:3000 QTY:1

Formation of a descending triangle, in case it breaks the neckline, i.e. closing below 1135, Sell: 1134, Sl:1200, Target: 1000. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

If closes below 2621, Sell: 2620; Target: 2300; SL: 2800 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

NIFTY DESCENDING TRIANGLE BREAKOUT OCT FUT SHORT@10900 SSTOP@10930 TARGET@10830 LOT:75 QTY:4

EURNZD H4.... IT HAS FORMED DESCENDING TRIANGLE IT HAS BOKE THE NECKLINE.... IT HAS RETSTED BACK...EVEN IT HAS TOUCHED 61.8 FIB... ITS GOOD TO TAKE SELL NOW ... SHORT SELL PUT TP AT H4 SWING LOW

Descending Triangle formation: If closes below 2600, then Sell at ~2600 levels, Target: 2280; SL: 2700 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

Descending Triangle. Can reach upto 30 levels