Copper Long Descending triangle breakout Buy at CMP- 743.1 SL- 737.4 Target- 751.2, 754.1 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Reasons to buy RBLBANK: 1. Stock gave a strong breakout from the descending triangle pattern with heavy volume. 2. Company manage to came in net profit of 31 Crores in sept-2021 quarter, while it was in net loss of 459 Crores. 3. Stock is trading at 0.98 times its book value. Targets: 270, 400 Hold for 6 months to 1 year Points to remember before buying: 1....
Theta coin is forming a descending triangle pattern and a normal triangle. I have mark all trendlines and support and resistance area. We can buy above 10.585 and project the target for the 15 dollar with the stop loss of 8 dollar. Thanks
NIFTY/S&P500 relative strength chart has reached its descending triangle resistance as seen in this weekly chart. Should this be a reason to worry for Nifty bulls? Maybe, maybe not. Price will tell. Watch for price action in Nifty at the 18500 zone. If resistance kicks in, we may see some price/time correction. If not, we may break out of this descending triangle...
Keep FOR (Fortube) in your watchlist. Buy on breakout of the descending triangle with good volume at POC (Point of Control levels) that is the price level for the time period with the highest traded volume that has utmost importance here so when that zone breaks with good volume we need to take an entry. This is high risk trade and so are the profits. Here we can...
Descending triangle breakout with 1:2 risk reward no trailing stop loss with fix sl
In Mahindra & MAHINDRA(M_M) on weekly timeframe there have a descending triangle pattern. If this stock gives breakout this pattern above 780 then expected short term target 955+ in this stock. Downside 730-735 is strong support zone so any bearish movement only possible below this level. So, We can go long in this stock with stop loss below 730. Upside 800 will...
It seems like the Wyckoff distribution is playing out again in Bitcoin charts. There is a confluence between the Wyckoff distribution and descending triangle pattern which gives a target of ~37500$ price within a week after which a trend reversal can be expected. The first Wyckoff distribution happened between the start of this year and ~20th July and Line1...
Apollo TYRES had a descending triangle breakout with volume and a retest at 224 levels. A good 4R swing trade, enter around 224-225 to enjoy targets up to all time high. Also it showed a good support at 55 EMA and retested at POC (Point of control) aka highest volume zone. A pin bar shows rejection from sellers and buyers win here. Keep SL below the 55 EMA. It is...
Buy at Market or Buy Stop Order Target:- 1007 Stop Loss:- 780 Duration:- 9 to 12 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also a descending triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the...
SRTRANSFIN is forming a descending triangle pattern on a weekly and daily TF. Waiting for a breakout out of this range.
RAMCO near it's long term support range. Following a descending triangle format in the short term, we could see a bounce back at support range and see if we could see the triangle breakout.
We see a descending triangle pattern on daily that's forming. We're very close to a breakout from the triangle. Don't enter until we get confirmation of the breakout.
price is under 50 and 200 ema breakout candle has above average volume getting rejection from Triangles base
stock is in uptrend making descending triangle you can buy now at price of 135-140 ( do not wait for breakout to happen) SL below 126 target 170 trade at you own risk!!!!!!!!!!
NSE:VMART is trading in a range after a huge volume breakout. The scrip is now at key support level taking multiple support at the previous resistance (S/R flip). The stock is also forming a descending triangle pattern. The volume is very less on consolidation. One can go long at CMP however this is a little risky bet as there is also one more support level at...
Posted my analysis the day before yesterday with levels....target hit on the second day only......wasn't sure whether it will hit the second target so I marked target 1 on the chart. But boom....it went like anything today. The previous analysis is liked below.