Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Rectangle

A rectangle can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a sharp price movement when price flows into a period of consolidation between 2 horizontal support and resistance levels, each of which is tested at least twice. Bullish rectangles can form after an uptrend, bearish rectangles can form after a downtrend. The pattern has completed when price breaks out in the direction of the prevailing trend, at which point it will likely continue in this direction.

Conservative traders may look for additional confirmation. There are 2 common techniques to estimate the target: either the height of the rectangle or the length of the preceding leg can be extended in the direction of the breakout. Some traders use both techniques and aim for 2 targets. Common stop levels are at the midpoint of the rectangle or just outside of it on the opposite side of the breakout. TradingView has a smart drawing tool that allows users to visually identify this pattern on a chart.
praveen.bhatiya praveen.bhatiya IRB, 1D, Long ,
IRB: Rectangle Pattern
54 0 5
IRB, 1D Long
Rectangle Pattern

The price action has nicely formed Rectangle Pattern it looks that demand is emerging at this level so one can buy the stock with SL of recent low. In case of close below the lower boundaries one should immediately close the trade even aggressive traders can initiate short trade but that does not seems to have good chances of target as there is support nearby. ...

premanandh premanandh BAJFINANCE, 1D,
BAJFINANCE: CHART PATTERN RECOGNITION
138 5 2
BAJFINANCE, 1D
CHART PATTERN RECOGNITION

HI ALL today came across a chart pattern on bajajfinance it is forming channel or box patterns on daily charts within a range of 2150 to 2160 levels can expect some break out on the upper or lower side if price crosses these levels

laravelhemraj laravelhemraj PAGEIND, 1W, Long ,
PAGEIND: Page Industry made triangle pattern in  long term chart
36 0 0
PAGEIND, 1W Long
Page Industry made triangle pattern in long term chart

VEry bullish pattern

laravelhemraj laravelhemraj HINDUNILVR, 240,
HINDUNILVR: Rectangle pattern
28 0 0
HINDUNILVR, 240
Rectangle pattern

Buy above pattern and sell below

praveen.bhatiya praveen.bhatiya HINDALCO, 1D, Short ,
HINDALCO: Failed Rectangle pattern Wash and Rinse Pattern
301 20 5
HINDALCO, 1D Short
Failed Rectangle pattern Wash and Rinse Pattern

The stock has formed the Rectangle, gave breakout but instead of moving in the breakout direction or retesting the neckline it is trading below it. Trade mates can take advantage of this failed pattern setup. It may touch the lower side and even further low in due course. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy ...

pratik2358 pratik2358 RELIANCE, 1D, Short ,
RELIANCE: will like to go short ( positional view)  for 960 and below !!
157 2 6
RELIANCE, 1D Short
will like to go short ( positional view) for 960 and below !!

i think the stock has shown a good run now its time to pause or rest a bit thus may see an uptick on monday in the first half but can be possible to see a good profit booking in the counter !!!! well thats what i think , not necessary market behave the way i think !!!!!

KumarAbhilash KumarAbhilash SBIN, 60, Long ,
SBIN: sbi
304 0 12
SBIN, 60 Long
sbi

flag/rectangle breakout expected for 280/300

premanandh premanandh IBULHSGFIN, 1D, Long ,
IBULHSGFIN: buy or go for long
64 0 1
IBULHSGFIN, 1D Long
buy or go for long

TRADING PLAN FOR MONDAY: India bulls housingfinance is in uptrend in monthly, on weekly charts it is trading inside channel and formed hammer at the base of channel the pattern also looks like triple top on daily charts it formed bullish engulfing candle on daily charts rsi on daily charts has been hitting 30 levels and returning back all signs indicating for ...

apborsadiya apborsadiya CONCOR, 240, Long ,
CONCOR: CONCOR trade in rectangle..
52 0 5
CONCOR, 240 Long
CONCOR trade in rectangle..

After breaking Hs pattern price trade in side way or in the rectangle for level refer chart

apborsadiya apborsadiya HCLTECH, 240, Long ,
HCLTECH: HCL TECH trade in rectangle
145 3 7
HCLTECH, 240 Long
HCL TECH trade in rectangle

refer chart

praveen.bhatiya praveen.bhatiya RELINFRA, 1D, Short ,
RELINFRA: Rectangle Channel Breakout !
227 4 10
RELINFRA, 1D Short
Rectangle Channel Breakout !

Nicely formed Rectangle Channel gave breakout today and trading below the lower Trend line. One can short the stock by providing the SL of High of today and expect the target around 360. It may be a good RR trade. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

KumarAbhilash KumarAbhilash TAKE, 1W, Long ,
TAKE: take
68 0 2
TAKE, 1W Long
take

rectangle breakout add on dips for 260 plus targets investment

praveen.bhatiya praveen.bhatiya RELINFRA, 1D, Long ,
RELINFRA: Perfect Rectangle Pattern Trade !
168 0 4
RELINFRA, 1D Long
Perfect Rectangle Pattern Trade !

The stock has formed Rectangle pattern nicely. It has shown strength at bottom trend line with increased volume so one can buy the stock with strict stop loss and expect the target to other side. One can also keep it in their watch list and eventually trade the breakout. Disclaimer : All ideas and comments are my personnel view. Please take financial ...

akshay.lakhina akshay.lakhina RKFORGE, 1D, Long ,
RKFORGE: RKFORGE Long Setup
40 0 0
RKFORGE, 1D Long
RKFORGE Long Setup

RKFORGE is trading in the channel and breakout is imminent I would buy at CMP for T1 = 899 T2 = 949 and more SL1 = 822.1 SL2 = 799

saurabhna saurabhna MANAPPURAM, D, Long ,
MANAPPURAM: Manappuram for longs
65 0 2
MANAPPURAM, D Long
Manappuram for longs

Well i see a Bullish rectangle for short term. I would buy around 124 for target of 128..resistance expected around 126.50 levels...but once it crosses we may see 130 levels as well

praveen.bhatiya praveen.bhatiya FEDERALBNK, 1D, Long ,
FEDERALBNK: Rectangle pattern Breakout
164 0 7
FEDERALBNK, 1D Long
Rectangle pattern Breakout

After a long formation of nice Rectangle pattern it has given breakout. It has retested the channel thus offers a good trade. Risk to reward ratio is also reasonable at 2.58. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

praveen.bhatiya praveen.bhatiya SYNDIBANK, 1D, Long ,
SYNDIBANK: Good Risk to Reward Tradable Range:Reversed Three Buddha
168 0 9
SYNDIBANK, 1D Long
Good Risk to Reward Tradable Range:Reversed Three Buddha

PSU Banks were in headlines and got hammered, however it seems that all bad news have been discounted as prices are forming triple bottom/Rectangle reversal patterns. These simple pattern are easy to trade for short term keeping the target of upper boundary. It offers an opportunity of 8-10% capital appreciation. It is also called Reversed Three Buddha candlestick ...

praveen.bhatiya praveen.bhatiya LT, 1D, Long ,
LT: Rectangle & Action_Reaction Set
175 5 9
LT, 1D Long
Rectangle & Action_Reaction Set

There is a nice rectangle range with multiple alternative touches on both sides, however the range is not so big to trade so I would wait for a closing above the range and trade the breakout. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

Show More Ideas 1234
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse
Video