ascending chart pattern in reliance share NSE:RELIANCE
an interesting breakout we can see in relance share ,time frame 15 min
Symmetrical Triangle
Symmetrical Triangle formation on Daily charts for KMCSHILKMCSHIL has a symmetrical triangle pattern formation on the daily chart. Stock has been consolidating from mid September. The RSI is not quite encouraging at 43, but seems has given a BO, While todays closing candle is just outside the triangle pattern. stock has form a a good base around 59-61 & held it well during past 1 weeks correction. Low risk : High reward candidate. Target can be 90 with an SL of below 59 on DCB.
Disc: Invested, charts for education purpose only. Not a reco for buy/sell.
MANAUSDTSymmetrical triangle pattern formation on MANA on a daily timeframe ! Target should be around 6$ ! Incase BTC crash this chart not valid !
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Star CementStar cement is forming symmetrical triangle. Stock crossed 5 EMA on monthly Time frame which is personally feel is a bullish sign. Hold for long term.
XAUUSD look like Symmetrical triangle!Symmetrical Triangle patter formation on XAUUSD on a Weekly timeframe !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
Tata Power BreakoutNSE:TATAPOWER
A breakout of the flag pattern, upward move expected
Short-term target : 250 - 260
Long target : 350
NSE:DABUR @ ResistanceNSE:DABUR
#NSE:DABUR Trading @ resistance.
Complete details along with levels mentioned on chart !!
Ping me in case of any clarifications, pls don’t waste your time with unwanted questions.
AFFLE SYMMETRICAL TRIANGLE + BULLISH PENNANT FORMATIONTarget 1 shall be around 1255 to 1260 and further breakout of all time high can move a bullish pennant type of breakout
Symmetrical triangle BO on ailcy chart for IIFL SecuritiesSymmetrical triangle BO on daily chart for IIFl Sec, the RSI is just above 60, next hurdle is at 98 & 105. Need more volumes & strength to have some quick up moves.
Disc: Invested, not a reco to buy/sell.
Potential Symmetrical triangle BO on Monthly chart for RPP InfraRPP Infra is a potential candidate for a symmetrical triangle BO, RSI is on uptrend at 54, volumes for today looks good. Need a monthly closing above 78.75, next hurdle at 85.95.
Keep on your watch list.
Disc: Invested, not a reco to buy/sell
Banarasbeads 1 Day Time Frame Targets as per charts. Trail profits. Only trade after the break out of the symmetrical triangle. If it doesn't break there is no entry.
Entry: 75
T1: 79
T2: 88.1
T3: 100.5
SL: 70
COASTCORP - Long1. A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
2. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
3. The stop-loss for the symmetrical triangle pattern is often just below the breakout point.
Niftyyou can see clearly this formation on 5 min time frame and deploy the trade according to your risk appitite
Adaniport Long Postionas we see a symmantric triangle patter in Daily & weekly Timeframe in Adaniports It took support @697 and started going up also close a green candel @ trendline so we decide it took support @ trendline
@ 749 Level it face some resistane and started coming down....and now it take support @717 level it means Took support @ fibonacci's 50 level its good sign for uptrend.
Should have to go up till last resistance 748/750 if brek 750 then our trendline tgt of 788 will be done which is 1.61 level of fobbonacci..
wipro forming continuation pattern showing uptrend continuation forming HL HL and symmetric pattern
buy if close above 702 target 710,712
stop loss 692
Profit Strategy trading and training institute jaysingpur.
contact no. 8956337959
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Symmetrical Triangle pattern Stock has formed the symmetrical triangle pattern on weekly chart. This is a continuation pattern. We can expect an upmove on break-out
Symmetrical Triangle in LRCUSDT* LRC in Daily time frame forms a Symmetrical triangle pattern.
* Symmetrical triangle occurs when the price consolidates between two parallel trendlines slightly sloping towards each other. The price is squeezed until it breaks the pattern.
* Symmetrical triangle is considered to be either trend continuation or trend reversal pattern depending on the pattern breakout.
* Above resistance LRC is bullish.
Symmetrical Triangle pattern Stock is in the midst of concluding a symmetrical triangle pattern. More often it is a continuation pattern. We expect positive breakout as the pattern has emerged during the long uptrend. RSI on daily and monthly chart provides scope of uptrend. So stock won't turn overbought on breakout
CDSL - All Time High Breakout1. Symmetric triangle formed.
2. Breakout of Symm triangle.
3. Retested the breakout
4. Price broke previous All time high with support of great volumes
**Great opportunity for swing trade with support of technicals validating at every stage.
** CDSL is monopoly until NSDL comes for IPO.
** Provided with the present Bull Run & IPO season the revenue will be all time high for CDSL..
WIPRO - Ready for take off ?WIPRO today has closed on 646.90. entry was 647 which should be good as it has sustained a support above the triangle, would recommend to wait for one more candle for up move, if it closes above 647 tomorrow it should uptrend later.
looks like a doji candle creation to me hence its better to wait for one more candle before entering.
Infosys - symmetrical triangle - near to breakFSP
Infosys is for long time has been accumulating within the range of 1848 and 1649
If it bounces from 1699 and gives a break above then we will be able to see a huge uptrend.
Till, Then wait and watch.
LT FOODS - DAAWAT - Breakout1. Formed 2 Rounding patterns
2. After that stock rallied for 40%.
3. Price retraced to previous breakout zone forming Symmetric triangle.
4. Breakout from triangle pattern
5. Price may retest by retracing to breakout zone ( 68-70) and then resume the rally to Rs.90/-
GALLANTT - POSSIBLE BREAKOUTPrice forming symmetric triangle pattern on weekly time frame. Any breakout would provide long trade with good R:R.
