RELIANCE - channel pattern formation &triangle pattern formationtriangle pattern and channel pattern formation in stock, further fall can be expected in levels of triangle pattern do not hold.
Search in ideas for "triangle pattern"
SBIN | Triangle pattern observedTriangle pattern observed in SBIN. Pattern looks to have confirmed suggesting a bearish outlook. Target depth of triangle is around 25 points. With confirmation of pattern occurring at 347.50, Target of the pattern comes in at 322.70. A retracement towards the pattern before further weakness cannot be ruled out. Notice that 334 could offer a good support.
Triangle Pattern in Elliott Wave-4A Triangle pattern in wave4
The wave 5 could end near 22464.
This could be followed by a Sharp reversal trade retracing wave 5 completely
Triangle Pattern Breakout is on the way in IndiaMart IntermeshHello everyone i hope you all will be doing good,, today i have brought a stock which is still trading inside the triangle pattern, but there is higher probability we will see huge breakout very soon with huge volume on all time frame. Stock is really good name is IndiaMART, and it is the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating the Small and Medium Businesses (SMEs) into the new paradigm with speed and ease, we are constantly pushing the frontiers of innovation to make the online marketplace more accessible, visible and engaging to them.
Largest in the industry:-
The company commands nearly 60% market share of the online B2B classifieds space which makes it the largest player in the industry.
Well Diversified Marketplace:-
As of FY24, their website has ~108 million product listings from 56 different industries, making them one of the most diversified marketplaces in Indian. No single industry accounts for >8% of total paying suppliers. Construction & Building Raw Material is the largest category in the marketplace and covers ~8% of it. There are ~98,000 product categories.
Logistics Partner:-
Commercial Vehicles - Tata Motors, Mahindra, Piaggio, Atul Auto, TVS.
Merger of Subsidiaries:-
In March,24, the company merged the WOS Hello Trade Online Private Limited and Tolexo Online Private Limited into Busy Infotech Private Limited.
Technically stock has not given breakout yet, but there is higher probability breakout is coming soon, it is just on the way. Stock is good, it has monopoly in business, it is having 60% market share. I think it has potential to become multibagger in long term, so if anybody wants to go long term investing, then this is one of the kind of that stock, invest and forget type. So take it or regret later... In short term to medium term, i already mention the levels please go accordingly.
Disclaimer:-Personally i am holding this stock for long term with lower levels.
Market Cap
₹ 16,134 Cr.
Current Price
₹ 2,690
High / Low
₹ 3,336 / 2,229
Stock P/E
48.2
Book Value
₹ 289
Dividend Yield
0.74 %
ROCE
23.9 %
ROE
17.6 %
Face Value
₹ 10.0
Industry PE
62.3
Debt
₹ 40.7 Cr.
EPS
₹ 55.7
Promoter holding
49.2 %
Intrinsic Value
₹ 1,559
Pledged percentage
0.00 %
EVEBITDA
32.1
Change in Prom Hold
0.00 %
Profit Var 5Yrs
75.6 %
Sales growth 5Years
18.7 %
Return over 5years
32.4 %
Debt to equity
0.02
Net profit
₹ 334 Cr.
ROE 5Yr
19.8 %
Profit growth
18.2 %
Earnings yield
2.88 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Triangle pattern on Monthly chart of SYMPHONYGood triangle pattern formation on the monthly chart of SYMPHONY.
Good to buy above - 940, but can add a small Qty at the current level of 916, with SL - 815.
Please Buy with a long-term view, minimum 1-2 yrs.
NOTE:- Please maintain good Risk to rewards as per your risk appetite.
TRIANGLE PATTERN AND DOUBLE BOTTOMBAJAJCON weekly TRIANGLE PATTERN AND DOUBLE BOTTOM If weekly closing is 219 above then the MORNING STAR CANDLE is invisible and 200 MA support recently
Triangle pattern break-out in JUBLFOOD - 1 hour TFA triangle pattern BO is seen in 1 hour time frame in Jubilant Foodwoorks stock. 1st target is 500, 2nd is 515.
SL is low of the BO candle.
PS: I am riding this BO. Will trail SL to Previous Day low once today's candle closes in my favour and keep trailing until momentum is lost!
Triangle Pattern breakout in CamlinFrom the past two years stock has been forming triangle pattern, finally it has given breakout from this pattern with good volume. From the current price level price may correct a bit as we can expect profit booking at this level. If price closes above 181, we can expect a bullish momentum in the stock.
All the possible targets are mentioned on the chart. Stop-loss can be maintained as 150/121 depending on your risk appetite.
This is just a view, not a trade recommendation. Do your own analysis before making any investment decision.
Do like, share and comment your view on the chart.
NSE:CAMLINFINE
triangle pattern in crude oilin crude oil the triangle pattern formed and waiting for the direction to breakout
M pattern also waiting for activation .. waiting for the breakouy
Triangle pattern reversal in UPL.UPL
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Triangle Pattern Pattern .
📊Shooting star Candlestick Form on this timeframe.
📊 It can give movement upto the Reversal target of below 700-.
📊 Can Go Short in this stock by placing stop loss above 790+ or last swing high.
Triangle pattern BreakoutA perfect triangle pattern breakout appears in JM Financial.
This is a combination of channel breakout and Triangle pattern breakout.
The confirmation of breakout is given rising of volume with heavy levels.
This stock is for breakout purpose expect 1% - 2% return on the next day.
Triangle pattern BreakoutToday I picked Max Health because, it broken Triangle pattern on closing basis. The following factors are considered by me for picking this.
1. High Volumes at breakout.
2. Triangle pattern breakout
3. Broken Trendline Breakout
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Triangle pattern ready for a breakoutTrident forming Triangle pattern ready for a breakout after long consolidation..... Targets mentioned in chart....
Triangle pattern forming....Ready for breakoutIOC triangle pattern forming ..... Ready for breakout..... Targets mentioned in chart
Triangle Pattern in NGA symmetrical triangle pattern formed in Natural gas
Both side levels are given for the price movements
Green shows upside
Red shows downside
Triangle pattern formation.Chance of breakout? Lets Observe.A triangle pattern formation is observed. Have to wait and see if the breakout happens.
.A resistance is observed in the weekly timeframe.
.Without proper risk management (i.e position sizing and stuff), trading might scare your account balance.
triangle pattern trade setup industower : cmp 212.95
trade setup :
1. buy up to 208
2. keeping 190 as stop loss on closing basis
3. for targets : 227 / 237 / 253 / 269 / 278 / 307 / 332+
technical setup:
1. triangle pattern formation
2. price trading at good value
3. its in weekly consolidation phase and side ways movement .
4. strong base support formation seen at 192 with multiple bounce back trades
5. strong triangle trend line breakout trade above 227 expected too .
6. volume is dry during selling and consolidation phase .
note :
suited for short term trade
based on volume & technical aspect
triangle pattern intraday idea | niftywatch for triangle pattern breakout or breakdown
trade accordingly
Triangle Pattern in KOKUYO CAMLINOn a daily time frame chart, Kokuyo Camlin forms a symmetric triangle pattern with consolidation in the triangle for many days. This will give a breakout or breakdown which is very effective. Targets and stop loss for the positions are as mentioned in the image.
Canera bank forming a triangle patternTriangle pattern formation Keep it in watchlist.
stock trading below a major resistance so long term trend is weak.
Triangle Pattern Breakout1. Triangle Pattern breakout
2. Long term Trend line Support
3. Head & Shoulder Pattern forming
4. Trading inside Rising wedge
4. Trading Above Volume Profile POC
5. Buy when retest POC 82Rs
Triangle patternTarget 364
Stoploss 179
It has given triangle pattern
Target will hit within 3 to 4 weeks
