IBULHSGF is forming traingle pattern on charts. If broken,then it will head towards 240-250. Support 215-220.
As per chart bandhan bank is forming symmetrical traingle pattern.If broken with volume then next target would be 350+. Red shaded area is support zone i.e stop loss.
-the stock managed to break-out of the pattern today by taking out crucial resistance level in the market -on lower time frames stock managed to break above the level of 440 -after lot of failed attempts it managed to surpass that level today -the stock last traded price(ltp) is at 444 -the stock is now geared up for a big rally on the upside -join the...
keep SL at Channel resistance. Target Open, if it went down on monday buy on deep near channel.
Bharti Airtel has been trading in a symmetrical triangle for the last few sessions. Price action within the triangle signals towards an imminent breakdown. Those holding longs in Bharti Airtel should exit. Those who want to go short, should either wait for an actual breakdown or go short around the third bounce (See the projected blue line). Once it breaks below...
IRCTC is on the verge of breaking above from the symmetrical triangle. Initiate long. Target : 1550-1560 Stop Los : 1400
NSE:APOLLOTYRE BUY WITH A TARGET UPTO 113. WAIT FOR CANDLE CLOSE ABOVE 108.5 ON 15 MIN TIME FRAME. PROS BROKE OUT OF SYMMETRIC TRIANGLE UNFILLED GAP UPTO 114 VOLUME SUPPORTED MOVE UPTREND CONS - MAY RETRACE/PULL BACK. TAKE THE TRADE IF YOU ARE COMFORTABLE WITH RISK REWARD RATIO
Wipro has broken on the upside from a symmetrical Triangle. Initiate Long. Target 1: 202 Target 2: 210 Stop Loss: 182
Shriram Transport Finance has broken above from a triangle pattern on 15 Mins time frame. Initiate Long. Target 1: 590 Target 2: 600 Stop Loss : 562
TATAMOTORS BUY ABOVE 87.65(SYMMETRICAL TRIANGLE)
APOLLOHOSP BUY ABOVE 1377 (SYMMETRICAL TRIANGLE)
Symmetrical triangle which is a continuation pattern has formed in crude oil 15 min chart. Possible upside is around 7% hence the target is 2600 whereas the stop loss is 2395. i would really advise to trail the stop loss.