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Symmertricaltriangle

BRITANNIA: Forming Symmetrical Triangle PatternBritannia Industries Ltd is forming a Symmetrical Triangle Pattern as it is about to give a breakout from 4600. Based on the pattern, one can enter around 4600 after the breakout and target can be set around 6250-6300 with Stoploss to be set around 4200. This gives us risk to reward ratio of 3.99. Pattern is forming on weekly chart with horizon of 2-3 year. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
NSE:BRITANNIALong
by paras0408
Symmetric triangle breakout SOLARINDS Symmetric triangle breakout in solar industries. Today Important Supply Zone (2940-2970) as well as Major resistance broken with good candle and volume. For further upside rally, stock has to close above 3000 with good candle and Volume. Stock has a potential to reach 3500 level. Previous supply zone should act as support now. Idea SL -2800 and for risk averse can keep 2870 as SL. This is just a view not a recommendation to trade. Do your own analysis before taking any trade. NSE:SOLARINDS
NSE:SOLARINDSLong
by varun_devadiga
6
BERGERPAINT - SYMMETRICAL TRIANGLEA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:BERGEPAINTLong
by FAHEEMSAM