Banknifty is trading in inside descending triangle pattern from past 3 sessions, also trading inside today's 1st 15 min candle & trading inside last2last week's candle.
Either side breakout could b good buy/sell opportunity upper & lower trendline as stoploss & mentioned target.
INDIAGLYCO create descending triangle pattern on 30m time frame,,,
if there is a strong break-down happened, then find short selling opportunity,,
always wait for a confirmation on this type of setup...
intraday analysis for 5 June..
ALLCARGO:- The descending triangle pattern has formed, if there is a breakout of the trendline, then the movement of the upside can be seen, till then keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like...
ARBITRUM 4hr. #TA #KuCoin
As per present movement of #ARB as #Bullish #DescendingTriangle Pattern, Soon it will be reach out to $1.5 to $1.8 in April...
Technically it is forming a lower high lower low structure which indicates that the stock is in downtrend and with this it is also facing a downward resistance trendline and this can be seen when the inverse head and shoulder formation was formed and it failed to break through the trendline and thus eventually created a false breakout. Thereafter we can see an...
I hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any...
KPR mill breaks out of the Descending triangle pattern on weekly chart. The Entry exit points are all mentioned on the chart. The volume is building up.
Disc ; Invested from lower levels, this is for educational purpose only. Please do your own research, before investing.
TATAMOTORS has broken out of descending triangle. The stock has also completed its retracement move toward the triangle support zone and is slowly inching upward.
It is a low risk place to go long for 461/494 as targets. SL below 413 retracement zone.
Points to note:
1. A STRONG DEMAND ZONE near the 34-36 range, formed and sustained repeated tests.
2. A (final?) TEST BELOW the zone attempted yesterday & rejected with vol., leading to belief that sellers have lost interest.
3. A DESCENDING TRIANGLE formed. Therefore, a good move can be expected.
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Aggressive...
PETRONET:- Descending triangle pattern is formed, if upside breakout and sustain we can see movement to the upside, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share...
