BOB technical analysisBOB has done breakout from the symmetrical triangle pattern.
we can long this.
targets are given the chart.
Symmetrical Triangle
ITC near Breakout 15M ITC is creating a Symmetrical triangle. it is also at very crucial level ie. 237 which wal acting as a resistance earlier but now acting as support for it.
200 days EMA is also near about 235. if ITC will break this pattern with high volume profile either side we can take position
you can go long above 240 and for short enter below 235 increased volume profile is must.
CONCOR... LOOKS GOODA breakout from a symmetrical triangle pattern and we can see a retest of the resistance trendline. Looking good for a short-term trade for targets 800 and 865.
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JKIL | 25% potential | Good R:R | Moving average confluenceCMP- 205
SL- 190 (closing basis)
Target- 250-260
20/7/21
-Symmetrical triangle breakout and now retesting
- Stock from 200 level gapped down massively in the past and now symmetrical triangle and gap breakout seen last week with VOL surge
- More than 30% delivery were taken past week
- Parameters positive
-Above major EMA's on weekly and daily
Levels for - 27 Sep 2021EXPLANATION : This is a 15 min time frame chart of DRREDDY . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
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Levels for - 27 Sep 2021EXPLANATION : This is a 45 min time frame chart of TITAN . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
Intraday symmetrical triangle breakoutSymmetrical triangle breakout trade with fix sl no trailing 1:2
Trading SYMMETRICAL TRIANGLE, PHALASymmetrical triangle is a continuation pattern which if formed in uptrend or downtrend shows continuation of the trend.
Gave a breakout and now it is in retest zone. ACCUMULATE only if it sustains or closes over the respective zone or wait for a green confirmation candle. Happy investing!
INDUSIND BANKThe stock is in an ascending parallel channel.
Breakout from a Symmetrical Triangle.
Volume Buildup.
MACD Crossover
🎯 BANKNIFTY IS WAITING FOR A BREAK OUTNSE:BANKNIFTY
🔴 Wait for the break out to Happen
🔴 and go long after the breakout is done... Buy @ pullback
🔴 Targets would be 37000 & 37350
🔴 SL - Below 36300
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
TARGETS HIT !! BANKNIFTYEarlier I gave a banknifty breakout opportunity and I thought that it would be taking some time to activate .
But we got all three of our target in just one day.
I hope all those who saw my post made good profits today :)
ADANIENT : Swing trading opportunity!NSE:ADANIENT has given a breakout of symmetrical triangle pattern and currently retraced to its breakout level. The stock has also taken confluence of support from previous resistance level and Fibonacci 50% retracement level. The stock looks good at CMP with minimal stop loss and maximum reward. This is a little risky bet but looks good to me. If you notice the stock has also formed kind of W pattern.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
BHARATFORG Swing tradeBharatforge is about to breakout a great symmetrical triangle pattern.
Trade with caution use appropriate position sizing, always use stoploss.
BSE Ltd : Swing Opportunity with good Risk Reward setup NSE:BSE look good to long at CMP. The stock after a good breakout from symmetrical triangle , has now retraced to the breakout level. Volume on the downside are very minimal as mentioned in the chart which implies there is no bearish pressure. The stock most probably will rally from here however the overall market should support.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
CAMS : Perfect Risk Reward Swing Setup!NSE:CAMS has broken out of symmetrical triangle pattern / cup and handle pattern with good volume. The stock has now retraced to the breakout level and looks good for further upside with minimal Risk and good Reward. One can enter at the current market price as the stock looks good in the short term.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
INDUSIND BANK ready for a ride?INDUSINDBK(INDUSIND BANK) has given breakout from the symmetrical pattern it has been forming for the last few months, and it has closed above the resistance level as well for the day. If it closes above 1070 levels, it might rally to further highs.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
BREAKOUT OPPORTUNITY : BANKNIFTYAt this point of time , everybody is exhausted with the intraday volatility in nifty and bank nifty. But if we take a look at a slightly bigger picture then we can clearly see the formation of a symmetrical triangle in banknifty . This is a good opportunity for intraday and swing traders as good momentum on either side (short or long) can be achieved after the breakout of this triangle formation.
Trade should only be initialized after we get closing of a candle breaking the trendline with power. The timeframe used above is 1hour.
Proper use of trailing stoploss should be made as the markets may continue to remain volatile in the upcoming sessions as well.
If the trendline is not broken with power then trade should not be in initialized.
Good luck :)
INDUSINDBK TL & SYM TRI BREAKOUTKeep an eye on Indusind bank symmetrical triangle breakout on daily & trend line breakout on weekly.
978 is PIVOT.
ADA & It's Next MoveI am new to this world so dont take me serious just do your research or follow other experts here ..
EICHERMOT (swing)Looking bullish, it broke a triangle few days back and got a pull back and has been consolidating above a resistance zone , entry 2808, stoploss 2677, first target 2990
BPCL (swing)Broke a long time weekly time frame , it was trading in a symmetrical triangular pattern as well , finally a good breakout today , entry 498, stop loss 478, can expect first target at 530
