Get started

Symmetrical Triangle

BREAKOUT IN DSSL 📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF -DSSL- • Potential Breakout Chart • VCP Pattern • Short Range Consolidation • Price Can Take Retest from support Line • Overall The Price Is Moving In HH-HL Formation • Volume Buildup Near BO Zone • Looks Good For 10-20% Upside Levels After The Breakout 📌 If you have any questions about any stock you can comment on post 📱 📌Disclaimer:- This all charts analysis are only for educational purposes only I do not provide any CALL or Tips
NSE:DSSLLong
by Trading_Old_School
BREAKOUT IN LOVABLE📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF -LOVABLE- • Potential Breakout Chart • VCP Pattern • Short Range Consolidation • Price Can Take Retest from support Line • Overall The Price Is Moving In HH-HL Formation • Volume Buildup Near BO Zone • Looks Good For 10-20% Upside Levels After The Breakout 📌 If you have any questions about any stock you can comment on post 📱 📌Disclaimer:- This all charts analysis are only for educational purposes only I do not provide any CALL or Tips
NSE:LOVABLELong
by Trading_Old_School
BREAKOUT IN UCO BANK📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF -UCO BANK- • Potential Breakout Chart • VCP Pattern • Short Range Consolidation • Price Can Take Retest from support Line • Overall The Price Is Moving In HH-HL Formation • Volume Buildup Near BO Zone • Looks Good For 10-20% Upside Levels After The Breakout 📌 If you have any questions about any stock you can comment on post 📱 📌Disclaimer:- This all charts analysis are only for educational purposes only I do not provide any CALL or Tips
NSE:UCOBANKLong
by Trading_Old_School
1
Laxmi Organic - Bullish Divergence and Breakout from TriangleWeekly Chart Insights: Symmetrical Triangle Pattern: Over the past years, Laxmi Organic Industries Ltd has formed a symmetrical triangle. Breakout Confirmation: Recently, the price broke above the upper trendline of the triangle. Retest of Breakout: The price action is retested the breakout at the Trendline and has moved upwards now. Bullish Divergence: Time Period - 26 March to 12th May Lower Low in Price - Price went from 235.2 to 228.5 Higher Low in RSI - RSI went from 37.2 to 37.6 Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
NSE:LXCHEMLong
by gurinder1988
GTPL - Symmetrical Triangle Breakout with Retest - Bullish LongGTPL Hathway Ltd. (NSE: GTPL) has recently broken out of a symmetrical triangle pattern on the daily chart. The breakout has been followed by a successful retest, indicating a strong bullish signal. A Symmetrical Triangle Breakout would indicate a continuation of prior trend, which is bullish in the long-term, as shown by the Monthly Chart below. I have also given a possible long-term channel for GTPL. The support at the bottom of the channel has been tested multiple times, as shown. We'll have to see if the top also holds but that is a long time away. On the Monthly time-frame, the RSI is also on an upward trajectory, as shown. Please comment with your views on the set-up. Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
NSE:GTPLLong
by gurinder1988
Gujarat Containers - Week - Breakout from Symmetrical Triangle?Analyzed the weekly chart of Gujarat Containers Ltd. (BSE: 523108), which is showing a promising breakout from a symmetrical triangle pattern. As you can see, the price has broken out of the Trendline recently and has performed a retest as well. Bullish Divergence on Daily: Recently a Divergence was also observed on the Daily Chart where the Price made a Lower Low while the RSI made a Higher Low. The RSI has been on an upward trajectory since. This setup looks quite promising for a continued upward move. What do you guys think? Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
BSE:GUJCONTLong
by gurinder1988
BREAKOUT IN PTC INDIA 📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF -PTC INDIA- • Potential Breakout Chart • VCP Pattern • Short Range Consolidation • Price Can Take Retest from support Line • Overall The Price Is Moving In HH-HL Formation • Volume Buildup Near BO Zone • Looks Good For 10-20% Upside Levels After The Breakout 📌 If you have any questions about any stock you can comment on post 📱 📌Disclaimer:- This all charts analysis are only for educational purposes only I do not provide any CALL or Tips
NSE:PTCLong
by Trading_Old_School
HBL POWER Systems - Looks Good!A Symmetrical Continuation Triangle Pattern Identification on Daily Chart A Symmetrical Continuation Triangle is a technical analysis pattern observed in financial markets, particularly in charts representing price movements of such stocks, currencies, or commodities. It's considered a continuation pattern, meaning it suggests that the current trend is likely to continue after a period of consolidation or sideways movement. Breakout: The breakout from the triangle occurs when the price breaches one of the trendlines, usually accompanied by increased volume. This breakout can occur before the apex of the triangle, but it's often observed shortly after the apex. Continuation: The breakout is interpreted as a continuation of the previous trend. Traders often use various technical indicators or additional chart patterns to confirm the breakout and determine the potential direction of the continuation. However, it's important to note that no pattern or indicator is foolproof, and traders should always consider other factors such as fundamental analysis and risk management strategies in their decision-making process. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:HBLPOWER
by hardeepssethi
NIACL - Looks Good!Pattern:Symmetrical Continuation Triangle (Bullish) Time Frame: Daily Chart Script: NSE:NIACL (New India Assurance Company Ltd) The recent price movement indicates a breakout from a consolidation phase, signaling the potential continuation of the previous uptrend. This pattern aligns with the characteristics of a Symmetrical Continuation Triangle (Bullish), where two trendlines converge due to the price making lower highs and higher lows. During this period, trading volume typically decreases as the price oscillates within a narrowing range, reflecting uncertainty. However, before the triangle's apex is reached, a breakout above the upper trendline occurs, accompanied by a significant increase in volume. This breakout serves as a confirmation of the continuation of the prior uptrend. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:NIACL
by hardeepssethi
KNR CONSTRUCTIONS - MID TERM Analysis - 2nd June #stocksKNR CONSTRUCTIONS (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Monthly Resistance Breakout - Done ✓ - Monthly Volume Buildup - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: - Entry has to be at the Demand Zone at around 300 (which is also our previous target level which we achieved) - Next support is at 285 - Ensure to position size correctly * Disclaimer
NSE:KNRCONLong
by TradeRyteStockz