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
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.
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: 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.
A 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...
A 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...
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...
