Nahar Poly Films TriangleWatch out for breakout in Nahar Poly Films from a triangle pattern.
CMP: 260
Target: 300-310
Stop Loss: 230
Symmetrical Triangle
Symmetrical Triangle in the making Infy price movement is in the process of achieving symmetrical triangle pattern which is considered as the continuation pattern. Infy on a different time frame viz monthly chart is still overbought. Infy has been moving sideways. Thus, breakout of symmetrical triangle pattern may lead to continuation
Reliance Industries Symmetric Triangle BreakoutFor educational purposes. Please make your investment decisions wisely.
[Educational] Building Your Weekly Price Action WatchlistThis post helps you to understand how you can project any pattern formation in earlier stage. Also, It helps you to build your perfect weekly watchlist.
Create Your Price Action Weekly Watchlist in Following Sections:
1) Early Stage Price Action(Waiting Phase)
2) Mid-Stage Price Action(Reversal Entry Phase)
3) Final Price Action(Breakout/Breakdown Entry Phase)
Just spend few hours of your weekend and you don't required any screener to find perfect entry stock. You can build this watchlist according to your trading style.
Timeframe to be consider:
Intraday Positions: 5 Min, 15 Min, 1 Hour
Short Term Positions: 1 Hour, 1 Day, 1 Week
Long Term Positions: 1 Week, 1 Month
RIIL under a Symmetrical TriangleAs seen in the chart, RIIL is trading under a Symmetrical Triangle in the weekly time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price. Do Note: Break out or Break down will be considered as close price of a weekly candle.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
BURGER KINGburger king is consolidating in a symmetrical triangle pattern, we can see a good breakout in this share in upcoming days for the target of 123, 250, 300.
we can imitate buying in this share at this place because of trendline support and range support. stop loss is 140 thanks
TVTODAY | TRIANGLE BREAKOUTTVTODAY gave symmetric Triangle Breakout!
Enter above 302
Targets for short term:-
T1: 332.95
T2: 339.75
T3: 349.50
Targets for long term:-
T4: 380.65
T5: 387.45
T6: 397.20
NSE:TVTODAY
NIFTY METAL INDEX case studyMetal index nearing to support zone
time to exit short position from metal stocks
and focus on going long around demand zones
parallel channel demand zone
symmetrical triangle support
horizontal demand zone
let see whats in store..
keep learning, dont depend on others
Finolex cables case studyFinolex Cable spot CMP : 455
Study :- Price action + chart patterns + Elliot wave
Time Frame :- Daily
There is Rising channel formation, currently price is around the demand line of long term structure, on smaller range of time frame there is formation of symmetrical triangle formation, which have demand line around current levels. so there are 2 structure formation as per chart patterns and both have demand levels around current levels. confluence of demand levels gives more confirmation of reversal.
Counter have demand zone as per price action, which can be considered as a retest of previous break out levels, demand zone is marked on the chart which almost confluence with the demand levels of chart pattern structure.
Elliot wave formation :- counter at present look to be in corrective wave 4 of impulse phase and is about to mature, if major wave 4 matures and major wave 5 unfolds for the demand zone reversal can be seen and much higher level possible as per calculation of major wave 5 maturity.
TARGRT ACHIEVED @ NestleToday after the days closing NESTLE got me a profit of $5.87 in Paper Trading though, but I believe this won’t stop until I get 3% returns. I got a very nice trade which was predicted by me days ago.
You can see that in my ideas…
NSE:NESTLEIND
HDFC AMC case studyHarmonic pattern formation
Chart pattern formation :- double bottom, symmetrical triangle formation
divergence on rsi..
Waiting for price action confirmation
lets see whats in store,,
learning is best thing to do in life... we all are students of market, dont skip learning
Making Symmetrical Triangle PatternRain Industries making symmetrical triangle pattern in weekly time frame.
Symmetrical Triangle @ JSW STEEL LTDI spotted a symmetrical triangle in 1 hr timeframe @ JSWSTEEL. The Lower Hoghs and Higher Lows indicates a perfect Symmetry Triangle. Tommorow if it opens with a gap up or a breakout it would be a great Longing opportunity or vica versa…
NSE:JSWSTEEL
1:2 in Indigo after triangle breakout on Daily chartsA symmetrical Triangle breakout in Indigo after a good consolidation. I have represented the trade with a possible 1:2 on the long side.
Kindly note that this is not a recommendation but only for knowledge purpose. If you trade, its your responsibility to manage it.
BTC will reach 90K$ or will Retrace to 50K$ ?BTC has been trading inside a symmetrical triangle for the last few weeks. If it breaks upside, 90K$ will be the target as per the Flag and Pole pattern. However, If it breaks the downside, a retracement up to 50K is expected.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
BTCUSD Symmetrical Triangle 4HBTC formed a symmetrical triangle on 4H timeframe and currently it's retesting the support. On chart I have drawn some levels and have given the appropriate heading, so I thing it's very clear what I'm saying.
Target - approx. 68k
I have another idea on 1H timeframe.
Bitcoin's Symmetrical TriangleBitcoin is forming a symmetrical triangle on the 4H. As can be seen it bounced perfectly during the dump and I might be looking for a long opportunity somewhere in the green area. If we bounce of course, if not, it may offer a opportunity to short but I'll pass that one probably.
If we break up the technical target is around 68K, if we break down the technical target is at around 53K (which I don't hope for but wouldn't be something extraordinary)
Bear in mind that we haven't had a real correction ever since the 40K level of september ;)
Let me know what you think
BAJAJ AUTO LongNSE:BAJAJ_AUTO
at support and in up trend
results are good
note: im not sebi registered guy
Triangle pattern in BankNifty - Support at 50 EMAKindly note, this is only for educational purpose. If you decide to take a trade based on this analysis, kindly be responsible yourself or take advice from professionals.
BANKNIFTY is trading in a narrow range and forming a triangle pattern which usually breaks out on the higher side. If that happens, it will easily kick 500 points.
Keep an eye
