Levels mentioned
The moment target 1 is achieved partial book your position and wait for tgt 2, but now modify your SL to cost, when the price reaches target 1.
This way keep trailing and keep booking your profits.
Strictly follow the SL and targets, also follow proper position sizing.
Market Analysis : USOil formed Symmetrical triangle pattern on 4 hours time frame. Expecting it to be reverse and touch S3 support zone in upcoming days
Market Analysis : Axis bank Symmetrical triangle breakout in 30 mins time frame. Target and Stop Loss given in the chart. Go for long based on your risk reward ratio
Hey Guys,
Go Long only after taking support from the trend line. If it breaks you can see a good downfall.
PVR is forming a symmetrical triangle pattern and trading in a range from a few days.
Points to consider.
1.RSI is 60 perfect for going either side.
2. Volume is getting squeezed from few days.
3. Strong trend line support.
4. MACD is in the Thin range.
5....
Glenmark – CMP - ₹429.75 Dt. – 19-07-2020
In 4 hr. chart you can see the stock is trapped in the symmetric triangle and can give good breakout upside once the stock crosses the resistance level of ₹439.25. After breakout stock has the capacity to go till ₹476.15.
Hi Friends,
Kotak bank is currently trading at 1322. There is a clear formation of symmetrical triangle pattern .
Today there was a bullish engulfing pattern formation as described in picture.
Keep the stop loss at 1221 .
The risk reward ratio, loss percentage and target percentage have been given in picture.
**views are my own**please take risk as per your...
BANDHANBNK looking good above 375.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
TATA MOTORS GOOD FOR SHORT TERM.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
TITAN can be good candidate forming symmetrical triangle.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
IOC is forming nice triangle pattern. Will be good candidate if breakout happen with good volume.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
SRTTRANSFIN will be good above 735 if breakout happen with good volume.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
Maruti has reached its support zone.
1) If red shaded area is broken then next target will be as mentioned in chart i.e 5649
2) If black line is broken then upwards target will be as mentioned in chart i.e 5875
Indian Telephone Industries limited has broken above from a symmetrical triangle pattern.
Initiate long when the stock retests the breakout point of 86-87.
Target 1: 100
Target 2: 104
Stop Loss : 83
Another symmetric triangle strategy. The stock could possible start a fresh bull rally to breakout of its long term trend channel. The stop loss at 420. Target around 560.
