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Descending Triangle

SIS Descending triangle Formation💰all studies explained in the chart. Bottom entry missed😥.But no probs still there is an opportunity.💰 buy & add @dips✔✔ trgt mentioned in the chart. 🧩Anytime triangle bo possible. 🧩Promsing chart.Can see descending triangle in the chart. 🧩Volume also increasing. 🧩Good q4 numbers published. 🧩Fundamentally good company. 🧩Recently it touched it's major support.So expecting a good movement in coming sessions. About the company Security & Intelligence Serv.(India)is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, housekeeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, ATM cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems through its subsidiaries, joint ventures and associates.(Source : 202003-01 Annual Report Page No:101) - Note guys this is not a buy recommendation.Do your study 🙏🙏 - Hope you guys learned something new💚 Thank You. Like🔹Comment🔹Support
NSE:SISLong
by ANKITHSHAJU
3
Watch out for Multi Year Breakout - Descending Triangle PatternKesoram Industries is involved in the business activities of Manufacture of portland cement, aluminous cement, slag cement and similar hydraulic cement. The Stock is about to break a multi year trendline resistance. There has been a continuous rise in volume in the stock indicating there is something cooking inside. The RSI well placed at right levels. The Company's operations are good. However, the only concern is its high Debt. That's the sole reason behind laggard performance of the stock. The Company has repaid its Debenture holders with Zero Coupon Convertible Preference Shares thereby reducing the burden of interest payment. Further, the Company is also planning to raise more funds to become debt free. The Company is planning to come up with Right Issue as well. The Stock has a bright future ahead after the debts are repaid. As we all know, Cement sector is likely to be performing well keep in mind the infrastructure demand in the country. Perfect bet for long run. Can be a multibagger. Keep Accumulating for Long term.
NSE:KESORAMINDLong
by mastermukund4
7
ITC Ltd Technical Analysis .Hello friends after a long time , I am Again Back with a New Idea, So Today we are going to Talk about ITC Ltd . As you Know its a FMCG Company . So on 1 Day Chart it is making a "Triangle Pattern" . If i Talk About Targets , So Targets will be :- 221.10 Rs , 229 Rs and 240 Rs . So Now Lets Talk About Support and Resistances . So from Its Pivot Points .So its Major Support Is 201 Rs . Volume has dried , Rsi is in Bearish mode and Price is also going Down , Earning Reports will come on 19 May . So From my Opinion it can go "Up" because its on the lower side of the Triangle and so for it can go "Up" and it can go down because FII and FPI are taking out their money from our market due to Covid 19 and please remember that we don't give you any kind of buying and selling guide we just only give you our analysis . PIease Like because we are having a shortages of Likes . If you have any Doubt Related to This Idea , This Stock or any other Stock . You can comment me Below . And If You Have any Advice For Me Just write it Down . And also write your opinion on this stock . Stay Safe . Thats all For Today . Bye Bye For Now . 👍 Comment Below on which Other Stock You all want to see our Analysis . Make Sure To Like and Follow us on Our Channel . Like Aim - 6 Please Accomplish this Goal .
NSE:ITC
by UKnowN_ThE
2