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Triangle Pattern In KOTAKBANKThis is my first post, I am a noobie, with no experience.
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- If there is a breakout from triangle pattern, Short it.
- If there is a reversal, buy for swing trading.
- For long term investors, if there is a breakout 1135 is a good buy, you can accumulate a few.
NSE:KOTAKBANK
Gold | Triangle pattern Triangle pattern observed in Gold. Pattern looks to be valid and the target comes at 1477.
1438 and 1382 are the trend defining levels and so conservatively, longs can be initiate beyond 1438.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Triangle Pattern Strategy for Breakout within Range | Study OnlyThis chart showcases a symmetrical triangle pattern, where the price consolidates between two converging trendlines, indicating a period of market indecision. The formation of lower highs and higher lows suggests that the price is narrowing, setting up for a potential breakout.
Technically, the RSI is showing a bullish divergence as it rises from the oversold zone, while the MACD is crossing into positive territory, further supporting the possibility of an upward move. Volume indicators also highlight increasing interest, suggesting the potential for a breakout in the near term.
This is only view of my side by analysys of chart.
Note:
This analysis is purely for educational purposes and should not be considered as financial advice or a trading recommendation. Always conduct thorough research and consult a financial professional before making any trading decisions.
Triangle pattern breakout in Havells HAVELLS
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of triangle Pattern .
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1435+.
✅Can Go short in this stock by placing a stop loss below 1295-.






















