Follow me on trading view : in.tradingview.com This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...
buy Kansai Nerolac Stoploss 595 target 612 Symmetrical Triangle Pattern
LTP of ITC is on a good demand zone and is forming a ascending triangle pattern with support line. Also shows a symmetrical pattern with a long term trend line. look for long position with a safe target of 240 and a far target of 255. thank you
HCLTECH (4HR):- CMP 987.9, KEEP EYE ON BREAKOUT OR BREAKDOWN 1) Symmetrical Triangle Pattern 2) Wait for Volume :)
Learning Triangle Pattern educational Purpose, An IDEA CAN LIGHT your BRAIN Tublelight The triangle chart pattern is formed by drawing two converging trend lines as price temporarily moves in a sideways direction. Traders often look for a subsequent breakout, in the direction of the preceding trend, as a signal to enter a trade. Learn Difference between...
1. NIFTY Realty sector has given a 10 year breakout after an unsuccessful attempt in 2018 2. Sunteck Realty has formed a SYMMETRICAL TRIANGLE pattern on a weekly chart since Jan 2020 3. High volumes during pattern formation shows accumulation 4. Indicators showing momentum and uptrend 5. Probable entry would be at the breakout from the pattern 6. Half quantity at...
See the chart for targets.. No SL as this is a long term hold for me the company has amazing fundamentals.
Symmetrical triangle Pattern Always be extra cautions with breakout trade with confirmations
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 👑 ITs a very good analysis video as I will try to trade this in realtime with you guys of course risk is diff for diff people but trading quality matters, not quantity :) Good luck keep it in your watch now ⌛ Motivational and psychological area ⌛ ✣Trade only...
Positional Trade: Lumax Auto breaks out of a symmetrical Triangle. CMP: 167.25 Stop Loss: 158
Tata metaliks had been trading within the symmetrical triangle pattern. Recently, the security has taken a breakout from the pattern in the daily time frame. Therefore traders should grab the buy opportunity
HDFC LTD has been trading in a range& the range is getting narrower day by day that its ATR(11) almost at lowest in this price range in last 2years. Since the stock has done nothing in last 6 months so its likely to give a trending move on either side, in symmetrical triangle BO/BD will help to decide the direction of the move.\ 2513 will be pivot for it.
Adani Enterprises has break out symmetrical triangle resistance. Target and SL have been mentioned in the Chart itself. Can go for Long !....