Symmetrical
HDFC - Symmetric Triangle FormationSymmetric Triangle formed here can lead stock for an Up move to the 2617 as we can see Resistance line.
So If triangle breakout successfully we can get our first target for short term (1-2 weeks) at Price level 2617.
Next target can be 2765 & 2896 (For long term)
If pattern breaks down, stock can take support near 2364
INDUSTOWER symmetrical triangle The stock has been consolidating for more than a month (formation of the symmetrical triangle) wait for the breakout and take trade according to that
Note: Please consult your financial advisor,
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SYMMETRIC TRIANGLE, SWING TRADE, INOXAll the multiplex theaters are consolidating for longtime. some places have already opened theaters with strict covid rules. I guess any proper vaccine news can move them up and giving a breakout.
Inox formed a symmetric triangle, which when breaks the resistance along with volume activity may be the indication of Long entry.
stop loss may be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my views only.
Equitas holdingEquitas holding:--
Symmetrical Patterns breakout successfully done
buy around 55-56 and target upto 80rs with sl of 41-40 on clbs
BTC Symmetrical Triangle can Breakout or Breakdown ?BTC Symmetrical Triangle can Breakout or Breakdown ? It will move in either direction , but smart margin trader will earn very handsome income in either case. So this is my advise to take advance orders according to levels as per my opinion. This is not financial advise, profit and loss is yours.
CESC on radar for Short, Wait for breakout confirmation!Expecting downside breakout in CESC , Symmetrical triangle formed.
Short Below 680 with stop loss of 700
Target 1- 667
Target 2- 645
Target 3- 620+
Entering long in CESC if moves above 710 for target of 735 & 760+
*Recommended for positional trade!