∘ Symmetrical triangle Pattern ∘ Pennant Pattern ∘ No trading zone marked as box
∘ Symmetrical triangle Pattern ∘ Horizontal levels Define as multiple Support & Resistance zone , Based on option chain analysis .
Fibonacci is one of the important tool to predict and understand the retracement of the stock. MARUTI SUZUKI was in down trend since mid of Feb started retracement on 26th of Feb around 8610 and retraced by 38.2% till 7372, which is also a price at the current date. after this retracement it continued the down trend. A trend reversal is observed on 30th of...
#Amber keep on watch, may take support. Avg Volume increasing. ACCUMULATION GOING ON. Symmetrical Triangle. Lets See.
Symmetric 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
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, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Breakout is gonna reveal the bag of opportunity
All 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...
Equitas 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 ? 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.
Hello Traders, Price has broken out from a symmetrical triangle on DishTV weekly chart. We should see price making a bullish move in coming days. Target: 140 Stoploss: 90 Happy Trading!!!
Beautiful Symmetrical Triangle breakout offers an opportunity to buy the stock at current level.