This idea is a follow-up to HSCL
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This idea is a follow-up to Pspprojects
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
NSE: ATUL
If Breaks Then The Targets could be Taken at 8345
Time Frame :- 1 Hour
Patterns Name :- Descending Triangle
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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NSE: TATAELXSI
If Breaks Then The Targets could be Taken at 7763
Time Frame :- 1 Hour
Patterns Name :- Descending Triangle
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome...
In my previous analysis, I spoke about NIFTY being stuck in 2 channels at a DAILY time frame. Here again, I bring to you another channel but in a smaller time frame of 15 MIN. Looks like it's in a perfect descending channel ready to break. If there's a gap down it will enter the bearish territory. FIIs are putting a huge selling pressure so my bet is that it may...
NSE:RELIANCE
#NSE:RELIANCE updated chart, reliance chart shared with our friends and it worked really well,
further levels marked on chart for practice.
Happy LEarning !!
In 15min TF, we can see that there is a descending triangle pattern. It can breakout either side in Intraday.
We can go LONG if it breaks the Resistance @ Rs150-155/-
If the price breaks the trendline of the triangle, we can go SHORT. The nearby support is at Rs. 145-147/-
NIFTY 50 has formed descending triangle pattern and ready for breakout in either downside or upside in 15 minute chart.
Wait for the breakout and trade accordingly.
The point of cotraflexure is a point when you draw your trendline is nearly correct
then you will get this type of combo If market is down trend and price touches it from
low then price maximum time get rejected and trend continued and vice versa for up trend
BUY M&M…. BIG SUPPORT near 730 to 740……TARGET 950 SL 730…may Move like INFO EDGE (June) & Havells (July) & Kotak(September)….#Same pattern in all 3 ….Favourable risk n reward…
Descending Triangle Pattern: Descending triangles have a falling upper
trendline as a result of distribution and are always considered bearish signals.
Target:-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...
NSE:JKPAPER
TECHNICAL ANALYSIS
--> JKPAPER has given a breakout from its previous ATH which is 285. and also has given a breakout above its Trendline joining all previous ATH.
--> JKPAPER has broken out of the DESCENDING TRIANGLE after consolidating above its previous ATH.
ENTRY
--> Take a postion when stock gives 1 HR closing above 325.
...
