Wait for the breakout from the channel pattern. and enter only if the breakout candle is highly bullish and keep your risk reward ratio High. Happy trading and cheers!!
Hindpetro has broke out from an inverted head and shoulder pattern (weekly chart) in which it had been consolidating for years. and the stock is retesting the upper trend line for going ahead and this would be the sniper entry point for positional traders. and I would suggest to enter after a strongly bullish weekly candle and can expect a gain of 8 to 14% returns...
1. Canara bank has given a breakout from the triangle pattern with decent volume 2. Its next target is mentioned in the chart itself 3. The target was a strong support before 2020, which is now going to act as a resistance. 4. Can be a good pick for swing trade.
What is a Symmetrical Triangle ? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or...
PowerGrid bullish Head and Shoulder breakout.
NSE:GRASIM Sustainable breakout in GRASIM to be expected. Strong Volumes.
Godrej CP weekly chart Breakout-Retest-Confirmation with strong bullish candle closed on Friday. The marked level looks achievable in the near term. Plan you stop loss below the current Support area.
Maruti Suzuki has given breakout from head & shoulder pattern on daily time frame. Moving towards its target.
(Intraday / Swing / Positional) | RR 1:2.5+ | Type:- Pre - Breakout/Retest Reasons To Trade🤔 :- Stock Is In Overall Uptrend, Above 200DMA, Market & Sector Leader, Ready To Break - Triangle Pattern . Entry :- 2040 (After Breakout) Stop Loss :- 1985 Target's :- 2175 | 2300 (Risk Must Be Managed.) Keep Your Eyes On Index Follow For More 🤝 Give Me A...
(Swing / Positional Trade) | RR 1:4+ | Type :- Breakout Reasons To Trade 🤔 :- Breakout Of = 200DMA + Flag Pattern + Pennant Pattern - Symmetrical Triangle Pattern. Entry :- 180 Stop Loss :- 172.50 Targets :- 1st= 190 | 2nd= 200 | 3rd= 210 (Risk Must Be Managed.) Keep Your Eyes On Index Follow For More 🤝 Give Me A Thumbs Up.. 👍 Comment Below 👨💻 ...
(Swing / Positional Trade) | RR 1:3+ | Type:- Breakout Reasons To Trade 🤔 :- NIFTY IT(Main Index) + Stock's Triangle Pattern Breakout , Bullish Sector , Uptrend Stock , Above 200DMA. Entry :- 1145 (Look For Clear Entry) Stop Loss :- 1105 Targets :- 1stT. = 1185 , 2ndT. = 1225 , 3rdT. = 1265 (Risk Must Be Managed.) Keep Your Eyes On Index 😜Follow For...
Seems to be a good pattern break!! Might be good long opportunity + Good R:R!!
-the stock managed to break-out of the pattern today by taking out crucial resistance level in the market -on lower time frames stock managed to break above the level of 440 -after lot of failed attempts it managed to surpass that level today -the stock last traded price(ltp) is at 444 -the stock is now geared up for a big rally on the upside -join the...
The pair has been moving in a falling channel pattern from the past three months. Yesterday, the pair tested the 1.08230 support level for the third time and again took a bounce, ending the day with a long bullish candle and creating a morning star pattern. Moreover, the upliftment in the pair was supported by the divergence between the prices and the RSI...
POSITIONAL TRADE IN TATA MOTORS APRIL FUT BUY@203 STOP@194.5 TARGET@218 LOT:2000 QTY:3
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
POSITIONAL TRADE IS POSSIBLE IN ITC BREAKING FROM A DOUBLE BOTTOM FORMATION IF THE STOCK MANAGES TO CLOSE ABOVE 286 ON CLOSING BASIS ON FIRDAY GO LONG POSITIONAL TRADE AUGUST FUTURES BUY@287(FRIDAY)/CLOSE ABOVE STOP@282 TARGET@300