Reliance given a breakout from symmetrical triangle and coming for a retest. High chances to go bearish. Trade levels are mentioned.
Symmetrical triangle formation. Lower highs and higher lows. Follow and observe stock for a breakout.
The Triangle is broken along with resistance that tested multiple times and after consolidating for long time cipla can move up to create higher high. since current market is highly volatile and uncertain, and being a nifty stock it can take hit during a short time correction. so the either strict stop loss can be followed to avoid locking of capital or hold it...
Symmetrical pattern formation Long on break above 2038 for a target of 2250 Short if price breaks below 1965 for a target of 1750
symmetrical Triangle pattern breakout 1 bounce then buy at 635 price
on hourly chart vedant shows divergence . 1.RSI in negative territory. 2. MACD going downward 3. symmetrical triangle pattern. although market is bullish but hence not try to short.
Manapurram may break out from the 1 yr long symmetric triangle formation. Buy if closed above 181 with good bullish candle with considerable spike in volumes for confirmation.
So guys, MRF has made a very beautiful symmetrical triangle pattern and Tomorrow candles are going to show where they want to go mor chances to go down but we trade as per the rules breakout pullback and enter and RRR SHOULD BE 1:2 or 1:3 ✨💥💥
NSE:CADILAHC IS FORMING A SYMMETRICAL TRIANGLE.WE CAN EXPECT A BREAKOUT FROM THE PATTERN.NORMAL RED LINES ARE LONG TERM S&R AND DOTTED RED LINES ARE SHORT TERM S&R. CONSIDER THESE POINTS BEFORE ENTERING INTO TRADES; WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE FOLLOW...
YESTERDAY I SHARED AN IDEA WITH YOU OF CADILAHC.IT WAS A SYMMETRICAL TRIANGLE CHART PATTERN.TODAY IT BROKE OUT OF THE TRIANGLE AND GAVE A RALLY NEAR PERCENT.HOPE YOU ALL MADE PROFITABLE TRADES TODAY FOLLOW FOR MORE IDEAS AND INFORMATION
BPCL is forming a symmetrical triangle, keep a close eye on it for breakout.
triangle breakout + resistance line breakout buy near 2360 with your comfort R:R disclaimer- for study purpose only
Reliance Industries has formed a Symmetrical Triangle on Daily Chart. Though its a continuation pattern, and the current short term trend is down in RIL it is expected to give a downside breakout to continue to trend. However, since anything may happen in the market, it's better to wait for Breakout on either side of the pattern.
Hindalco is consolidating and making Symmetrical Triangle Looks Good for Long above 249 Level Weak Below 241.50 Level for Short Trade Between 241.50-249 Avoid Trading
Swing Trading opportunity ! Daily Chart Alert !!! --Buy above =3737 or CMP @ 3758 --Target = 3882 --Stop-loss = 3657 --Lot Size = 200 --R:R =1.81 ...
After Good amount of consolidation IGL near Tringle Breakout Looks good above 487 if give resistance Zone breakout For Safe Entry can wait price to break 490 level View Negates below 470 levels
Hi, As per HDFC Chart the pattern formed Wedge Pattern and Breakout done , with inverted hammer. Probably this will open with Gap UP and target levels are marked in the chart. In Bank Nifty it is forming symmetric triangle pattern and yet to complete one swing this will break out with small gap down and move towards uptrend.