Bank Nifty Symmetrical triangle pattern formation at 2 hours tfBank Nifty Symmetrical triangle pattern formation at 2 hours tf
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Symmetrical Triangle
#Banknifty Trade Setup for Monday (15th March)Symmetrical Triangle is made in Bank Nifty Chart.
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If it's break in the upper side the bullish trend will start.
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If it's break in the down side the bearish trend will start .
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You can enter after Breakout either on down side or upper side.
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Last candle that touches the trendline would be your stop loss.
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You can give your suggestions in comment box.
SOLARA ACTIVE - Bottom Reversal ???After the Bearish Divergence the stock corrected from 1620 to 1210 and now we see a Bullish Divergence formed at the bottom of the Parallel Channel.
A Symmetric Triangle is also formed and a breakout on the upper side is very likely.
The relative strength also is turning positive again against its Index.
If all goes well the minimum targets as suggested should be the top of the channel.
[Positional] NCC good for 42%High Momentum in previous month
Formed Symmetric Triangle and Flag
Targets - 103,115,136
SL - 85
SYMPHONY Bullish breakout stockSymphony has given smart symmetrical traingular breakout done on weekly closing basis. Use dips till 1000 for 1400,1650 with sl 930-950 range on weekly closing basis. Overhang of Mid cap exclusion has been done. Summer is going to be schorching one. Smart accumulation done already indicated wth encircled volumes
Ethereum looks good if moves above 1690Ethereum moving in a symmetrical triangle pattern and is consolidating near its short term resistance zone. If it starts trading above 1690 it looks good till 1830 level.
PELSymmetrical triangle patter
Price is consolidating with low volume.
Expecting a good move on either sides.
LINK is showing strength - breakout from symmetrical triangleLINK has given a breakout from symmetrical triangle pattern in 1H timeframe for a target of 28.25 in the short term. Let's see how the view holds.
Disclaimer: - These views are for educational purpose only and not a recommendation.
MGL GasMGL formed the symmetric triangle and breakout was done.
It's good to go long in MGL in the Weekly Time frame.
on watch list2 weeks low - 401
50sma - 400
symmetrical traingle formation
keep this stock on radar -
tomorrow's close if breaks 401-400
can go short for next week
disclaimer - trade @ own risk
LINK consolidating in symmetrical triangleChainlink is consolidating in a symmetrical triangle pattern and waiting for a breakout/breakdown. Let's see what happens.
Symmetrical Triangle Pattern in BANKNIFTY expected 1000+ points After breakout or breakdown of this symmetrical pattern expected strong 1000+ points rally towards the breakout side.
