Titan is range-bound in a symmetrical triangle formation which is now narrowing down. a breakout/breakdown of this range can occur tomorrow and can give us a good movement on either of the sides.
HCL Technologies forming a symmetrical triangle on 15 Minute chart and simultaneously taking support from the Demand and Supply Zone which was previously acting as resistance but now turned into support on multiple occasions.
As you see in the charts, Zee Entertainment Ltd is making symmetrical triangle. . If it's given breakout we can see the targets of 230. . Our stoploss would be 179
Indusind bank is making great chart patterns. One of them is already posted as symmetrical triangle where stock now has no area left to move so sooner or later it will breakout either way. Let me show something in monthly chart:- Above chart shows how beautifully this stock respects 20 SMA .Earlier when it was trading above 20 SMA it was always coming back to...
Voltas taking support at the bottom of the traingle, can go long for swing trade above 1040 with stop loss of 1004 and aim for a target of 1111
POSSIBLE BREAKOUT Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Maruti Suzuki formed a Symmetrical Triangle on an hourly chart. Supply and Demand Zone will act as a strong resistance and will try to push it further down.
HCL Technologies broke out of a Symmetrical Triangle formation on the 15-minute chart. Has already retested the Symmetrical Triangle and simultaneously taking support from a Parallel Channel trendline.
Zomato listed on 23/5/21 and then creating life time high of 148 and now it has created a SYMMETRICAL TRIANGLE PATTERN on 2H chart . Now zomato can give either side breakout. for upside it can create a new lifetime high or can break its low of 116. A very impressive either side breakout can happen with huge volume.
Tata steel is converging and has a possibility to breakout either ways in shorter timeframe, however looking at the trend of the stock the possibility is higher on the upper side.
Hdfc Ltd spot cmp 2500 Time frame :- Daily Study : Elliot wave Wave 1 :- Wave 1 is first impulse wave of impulse phase,, in this case study first wave consist of 470 points in terms of points and 32% in terms of percentage,, first wave is generally of no confidence movement,, buyers still dont have confidence that the trend will change and the upside impulse move...
PFC Daily: CMP looks good for more upside 1) Symmetrical Triangle Breakout 2) Power stocks catching momentum
As you all can see there is a symmetrical triangle pattern forming in Kotak bank which can lead to a break out on either side but as you can see that 1626 recently acted as a strong support and it has taken support on the trend lines down side 4 times and upside trend line it has acted as restitance 4 times , so if it break above 1730 we can see a strong breakout...
Clearly Showing a Symmetric Triangle Pattern Breakout and Retest Should be Traded . . . . . If u Like The Idea Hit the Like Button Leave a Comment
Nifty auto spot cmp 10000. Study :- Time Cycle, Wolf wave, Harmonic , Chart Pattern. Time Frame :- Daily. Time Cycle :- Bottom to bottom cycle of 74 TD indicate index is making bottom at interval of 74 TD and at the moment index is at 74 TD so if this cycle is matured and the next cycle unfolds we may see a change in trend from now onwards as per this cyclic...
#ASHOKLEY (D):- 132.8 CMP, Looks good for more upsides :) 1) Breakout Done :) 2) Volume Breakout
In last trading session, BHARTIARTL gives bullish breakout of its symmetrical triangle pattern. After this breakout expected in short term time period we will see target of 695+. Possible Trade: Buy BHARTIARTL Above 540 Stop-Loss - 520 Target - 575 620 695+
CMP-2055 (add near 1950-2000) SL- 1899 (closing) Target- 2600 27/7/21 - Reliance moving in an trending uptrend and is consolidating in an symmetrical triangle pattern - Confluence of lower trendline and 50EMA in W - In D, immediate support and 200EMA confluence - Dried up volume inside the triangle - RSI chart also making symmetrical pattern and is near support area