Somany CeramicsDescending Triangle: Target: 327; confirmed with breakdown. SL: 440. (basis 4hr charts)
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
OIL Descending triangle breakoutOIL Descending triangle breakout
4x average volume
No lower wick = powerful breakout.
Obviously it'll see some correction and retracement.
ITCA Descending triangle has been formed, the only concern is the previous trend before the descending triangle was upwards, hence I want to see whether this pattern still holds true even if it formed in an uptrend.
If closes below 295, can see levels upto 280.
Further as per daily charts on Sep 19, a bearish engulfing was formed which shows that the stock is expected to touch 293 levels.
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.
STBT IN JETAIRWAYS SPET FUTSTBT IN JETAIRWAYS
DESCENDING TRIANGLE PATTERN BREAKOUT
SEPTEMBER FUTURES
SHORT@252.5
STOP@260
TARGET@235
LOT:1200
QTY:2
Avanti Feeds - Waiting for breakdownA descending triangle has formed in the downside and hence if there is a breakdown then further downside. Will Update the target once there is a breakdown. SO for now, waiting for breakdown.
10% chance there might be breakout. Hence waiting for confirmation
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.
UPL triangle pattern (Descending)Guys UPL make triangle pattern (Descending) keep watch if breakdown sell
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Descending Triangle. Will it break!A chart pattern showcasing the descending triangle breakout formation may do so in a few days.
Keep Watching for the updates.
SBI descending triangleHI guys SBIN FORM DESCENDING TRIANGLE dorm keep watch the down breakout and then trade.
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
accumulae va tech at this pricewith 450 as base price VA Tech Wabag forming descending triangle pattern ....we can keep 450 as stop loss and accumulate if it breaks 450 it may fall further . but I believe it will hold 450 level and bounce back from here
Descending Triangle Breakout Triangle pattern is formed when price crosses from trendline to trendline nearly filling the available space. One should avoid the pattern if there is more white space. This nicely formed pattern has given breakout. Mates can use the setup for their trading. Defensively one can wait for a retest on upper boundary.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
radico is restestingbreakout and retesting
if sustains its should break 351-354
then we can see 371,411
i think avantifeeds getting ready to feed us if positive breakout happen then we can see 2590,2944,3540 .
we can see pinbar which giving postive look to chart
Bitcoin on Death Row- Downtrend Prevails1.Descending triangle in formation
2.Price play at pivot
3.20hr resistance band of kumo cloud will resist uptrend heavily
4.Another touch of the triangle upper trendline expected
5.a volume backed breakout expected
6.this triangle is a continuation pattern so downtrend prevails
7.Downtrend follows the fibonacci where the primary fibo ratio of 0.618 is considered the first big support in the play
8.Or the trend may follow as AB=CD where the pattern completes at the 0.886 support level
Disclaimer.. Not an investment/trading advice..
GO LONG IN PURAVANKARADescending triangle Positive breakout chart pattern formed. with 144 as stop loss we can initiate a long position with the 164 as target price
START ACCUMULATE TATA MOTORS with stop loss 354 target 541Descending Triangle pattern formation found in monthly chart , breakout can be expected around may18 or sep18
indiabull real estate looks bullish in medium term to long termIn monthly, round bottom formed here.
in daily, price broke out of descending triangle consolidation with increasing volume.
with sl - 188, 1st tgt - 352, 2nd tgt - 570, long term tgt - 790
BEL Descending Triangle - EDUCATIONALEDUCATIONAL
BEL Descending Triangle with increasing volume last two sessions.
It's also close to 50 Day EMA as well.
Can be shorted if it breaches the triangle with good volume and confidence.
Target1-175.00
Target2-172.00
Target1-169.00
SL - 185.00
looks good descending angle in flag pattern descending angle is going break out due to good green volume with support of flag pattern
Yesbank ( NSE:YESBANK ) Descending triangleYesbank is forming Descending triangle.
Breakout may happen either upside or downside.
