SBILIFEBREAKOUT OF THE DESCENDING TRIANGLE PATTERN ON DAILY TF, NEED FOLLOW THROUGH FOR TARGETS OF 878 AND 888 RESPECTIVELY
SL BELOW TODAYS LOW
Descending Triangle
Britaninia : Trade SetupNSE:BRITANNIA
Hi Traders,
BRITANNIA has broken upward price channel as well as descending triangle pattern and taking support on previous high of upward price channel. If this support is broken by it then it will start downward movement.
Stock Analysis
* Stock has broken upward price channel.
* Stock has broken descending triangle pattern.
* Taking support on previous high.
Sell Level
Below 3684 (based on price action)
Target Level
TP1= 3520
TP2= 3419
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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PHOENIXLTD - SHORT (DESCENDING TRIANGLE)ENTRY - BELOW 644
TARGET - 632.5 + TRAILING
STOPLOSS - 649
BEWARE OF THE RISK INVOLVED IN TRADING STOCKS AND PLAN YOUR TRADES ACCORDINGLY.
THIS SHOULD ONLY BE USED FOR LEARNIG PURPOSES AND NOT AS A TIP.
TRADE AT YOUR OWN RISK.
HAPPY TRADING!!
HINDUNILVR - A PERFECT PATTERN TO TRADE ONTHE DESCENDING TRIANGLE WITH NR7 IS A NICE MIX TO TRADE ON. SO KEEP AN EYE ON THE HINDUNILVR FOR THE COMING DAYS.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
BHEL Descending Triangle BreakoutBHEL has given the descending triangle breakout. Wait for the confirmation.
This idea is for education purpose only.
SUNPHARMA - THE WHOLE PHARMA SECTOR UNDER RADARLOOK OUT FOR A BREAKOUT IN SUNPHARMA AS WELL AS DR REDDY AS THEY ARE NR7 CANDIDATE. THEY HAVE BEEN CONSOLIDATING FOR THE PAST 3 DAYS.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
APOLLOHOSP - DESCENDING TRIANGLEA BREAKOUT IS EXPECTED. SO KEEP YOUR EYES ON THE CHART.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
INFRATEL - DESCENDING TRIANGLEINFRATEL - DESCENDING TRIANGLE
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
infratel descending triangleinfratel forming a descending triang which forms a base with a rejecting candle followed by breakout can give a nice up move.
hdfc descending triangle patternhdfc forming an descending triangle pattern and is near support area.
USOIL Descending triangle pattern formation in 1 hour chartUSOIL Descending triangle pattern formation in 1 hour chart. Based on breakout either you can go for long or short
USOIL Descending triangle pattern breakout in 30 mins TFUSOIL Descending triangle pattern breakout in 30 mins TF
USOIL Descending triangle pattern formation in 1 hr TFUSOIL Descending triangle pattern formation in 1 hr TF. Based on breakout/breakdown either you can go for Long or Short
USOIL Descending triangle pattern formation in 4 hrs TFUSOIL Descending triangle pattern formation in 4 hrs TF
BATAINDIA - Descending triangle pattern formationDescending triangle pattern formation in BATA INDIA 30 mins time frame. Based on breakout you may go for long of short depends upon your risk reward ratio
Adani Power - Breakdown - Descending TriangleAdani Power has broken below from a descending triangle pattern.
Initiate sell.
Target 1: 34
Target 2: 33
Stop Loss : 37.65
Colgate Palmolive - Breakdown - Descending TriangleColagate Palmolive has broken below from a descending triangle Pattern on 15 mins time frame.
Initiate Sell.
Target 1 : 1370
Target 2 : 1360
Stop Loss : 1410
VOLTAS | BEARISH PATTERN | Descending TriangleFor the past few days, its Consolidating in a range. Making a Descending triangle pattern.
Now it may break downside. Let see tomorrow.
For me it looks bearish below 530
may fall up to 500-510
Shower some LIkes!! If it Helps! :)
Deepak Nitrite Descending Triangle BreakoutDEEPAKNTR has formed a descending triangle channel in 1 hour time frame over the last few days.
Theoretically a descending triangle breaks out downwards.
The price is currently hovering just above the lower side support of the triangle pattern suggesting a breakdown.
Look for SHORTING opportunities after confirmation of breakout in intraday BELOW 480 levels.
TARGET is suggested @ 461
NOTE: Trade with confirmation of momentum & volume on lower timeframes, BEWARE of a fake breakout.
Ramco Cements - Breakdown - Descending TriangleRamco Cements has broken below from a descending triangle pattern.
Initiate Short.
Target 1: 580
Target 2: 570
Stop Loss : 622
INTRADAY TRADE IN ESCORTS FUTURESINTRADAY TRADE IN ESCORTS FUTURES
SHORT@967
STOP@975
TARGET-1@957
TARGET-2@952
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
Inside Bar Descending Triangle Consolidation TradePrice contracted and breakout expected.
Long above yesterday's high.
Short below yesterday's low.
