MOMENTUM TRADE IN AMBUJA
-BROKE OUT OF SYSMMETRICAL PATTERN
-RETEST THE BREAK-OUT LEVELS WITH A PULLBACK
-ABOVE CRUCIAL RESISTANCE
-RISE IN OI + RISE IN PRICE
CHECK THE PREVIOUS IDEA
MOMENTUM TRADE IN AMBUJA CEMENT
-RISE IN PRICE+RISE IN OI
-BREAKING OUT OF SYMMETRICAL PATTERN
-MOMENTUM STRATEGY APPLIED
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.
--> TODAY I AM HERE WITH SOME RESEARCH, WHICH SHOWS THAT THERE ARE SOME POINTS WHICH TELLS US THAT HDFC BANK MAY GO UP.
1. THERE IS MORE THAN 60% DELIVERY POSITIONS WAS HELD.
2. RSI SHOWS SUPPORT LEVEL
3. BANKNIFTY MAY BREAKOUT
4. BREAKOUT IN SYMMETRICAL TRIANGLE.
--> SO GUYS, IF YOU ARE ALSO THINKS LIKE ME AND AGREES WITH MY ANALYSIS,...
--> TODAY IN POWERGRID, MORE THAN 43% DELIVERY POSITIONS HAVE BEEN ADDED, MOREOVER THERE IS A SYMMETRICAL TRIANGLE PATTERN IS FORMING. SO, HERE I BEILIEVES THAT IT WILL BREAK THE UPPER LEVELS AND WILL FGO UP.
--> HEY GUYS IF YOU AGREE WITH MY VIEW THEN PLEASE LIKE AND FOLLOW, OTHERWISE PLEASE COMMENT AND HELP TO IMPROVE ME.
THANKS FOR YOUR TIME..
There is symmetrical triangle formation in Crude oil in 4hr chart ... and as per the previous idea linked below it is expected the crude to break upside ..
lets see in further days ....... If Crude cross 60.91 then previous idea shall be active
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
GOLD chart as it appears is a classic case of Symmetrical Triangle Breakout Up. It has given a breakout in the month of June 2019 & as per expectations is trading upwards since then. The volume at breakout was not significant but is slowly picking up pace. Though a throwback upto $1300 in short term cannot be ruled as the RSI & Stochastic have entered overbought...
Marico has been consolidating from a nice and long uptrend for more than a year now.
This consolidation pattern appears to be a symmetrical triangle that is now broken.
Its certainly worth timing your entry for a LONG ride!
Vedanta has been in a down trend for about a year and half. This stock has been consolidating in the form of a symmetrical triangle which now appears to be broken. It does look like a good opportunity to join this SHORT ride!