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
Descending Triangle
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.
TECHMAHINDRA BROKE OUT OF A TRIANGLENSE:TECHM
BROKEN OUT OF A DESCENDING TRIANGLE PATTERN
LOOKING BULLISH
VOLUME SUPPORTED MOVE.
ONLY FOR EDUCATIONAL PURPOSE.
CONCOR BULLISH FLAG+DESCENDING TRIANGLENSE:CONCOR
READY FOR BREAK OUT/BREAKDOWN
MAY BREAK EITHER SIDE.
GO WITH THE MARKET TREND.
ONLY FOR EDUCATIONAL PURPOSE.
SELL SBI - Descending Traingle PatternDescending triangle is formed. Looks like, the stock will breakout
Could be a good buy for long term post a month after Budget. Keep an eye on it.
EURAUD WITH DESCENDING TRIANGLE FORMATIONHello Guys
We can see that EURAUD has Formed A DESCENDING TRIANGLE PATTERN in D1 Chart, which has m can be taken trade on either side based on the breakout, we are predicting that it’s gonna Go Up for a Buy trade, but in the end everything is depending on the Breakout , u can pocket 500 pips easily on this trade, hope you guys liked my analysis
Than You
All The Best Traders
BAjaj finance descending triangle patternBreakout trade descending triangle pattern bajaj finance look weak below 1915
Plane your trade....
How to trade descending triangle pattern....??HINDUSTAN UNILEVER is making descending triangle in 30 min time frame.
The descending triangle is a bearish formation.
It is usually forms during a downtrend as a continuation pattern.
There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.
Most traders look to initiate a short position following a high volume breakdown from lower trend line support in a descending triangle chart pattern.
In general, the price target for the chart pattern is equal to the entry price minus the vertical height between the two trend lines at the time of the breakdown.
SRF : Breakdown : Descending Triangle - SellSRF has given a breakdown from a descending triangle pattern on 15 mins timeframe.
Initiate short.
Target: 3543
Stoploss: 3660
BHARTI AIRTELIt has given a triangle breakout which is suggesting 565-570 as long as it remains above 532
ONGC Forming descending triangle ONGC Forming descending triangle once the TL broke in either side, we can enter.
Tata Coffee - Breakdown - Descending TriangleTata Coffee has broken below from the descending triangle pattern on 30 mins time frame.
Initiate Sell.
Target: 66
Stoploss: 75
BAJFINANCE break down in descending triangle with huge volumeFinally BAJFINANCE break down in descending triangle with huge volume and sitting at the major support. we can expect a gap down on Monday session and there could be some retracement(or contines the downward direction) towards the resistance. If the downward trend continues 1st target is 1601.
Descending Triangle Formation & Neutral CandlesticksDescending Triangle formation on Bank of Baroda Chart.
Descending Triangle is a consolidation pattern .
According to the pattern, a possible downside breakout is expected.
Watch the last 3 Candlesticks:-
16 April 2020 - Dragonfly Doji
17 April 2020 - Spinning Top
20 April 2020 - Long Legged Doji
All these candlesticks are neutral candlesticks .
Descending Triangle in SBI CardsDescending Triangle formed in SBI card. Target 1 2 & 3 shared along with Resistance as stop loss
Havells Entry 624Havells Entry 624
Stop-loss - 610
Target 765
Risk-Reward 1: 8.7
Risk 2.24% - Reward 22%
Havells trading at 624, took support around 622-630 zone multiple times in the last 6 months.
The primary trend is very strong, so utilizing this dip to get in the trend.
