NSE: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.🔴
Earlier 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 :)
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...
Bharatforge is about to breakout a great symmetrical triangle pattern. Trade with caution use appropriate position sizing, always use stoploss.
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...
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...
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...
At 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...
There may be 16% gain in indusindbk forming symmetrical triangle
Keep an eye on Indusind bank symmetrical triangle breakout on daily & trend line breakout on weekly. 978 is PIVOT.
I am new to this world so dont take me serious just do your research or follow other experts here ..
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
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
We can see a formation of a symmetrical triangle in the INDUSIND BANK 4 hours timeframe chart. This setup looks good to me, an entry above 1045 for targets of 1120 and 1240 with a stop loss of 962. Here the risk-reward ratio is 1:2.35 for the final target of 1240. Also, it is taking good support from the 200 EMA, which is a positive sign for the bullish...
It can become extremely bearish below 275.First target can be 265
Symmetrical Triangle Breakout #idea #breakout #
Stock good for short term investments, stay alert from fakeouts and look for a breakout with good momentum. DISCLAIMER - Analyse by yourself before investing. Do comment and suggest if corrections needed. HAPPY TRADING.
Price broke out from a symmetrical triangle pattern on a larger timeframe and now consolidating in another symmetrical triangle in a current timeframe. When price breaks out from the triangle and crosses the resistance we may go long