BFUTILITIE has formed symmetrical triangle pattern on daily chart. breakout above 412-413
Breakout above downward sloping trendline.
ADANIPOWER has formed symmetrical triangle on daily chart. Breakout above downward sloping resistance line zone of 31.65-31.75
WOCKPHARMA has formed symmetrical triangle pattern. Breakout above 645 can lead stock towards 675, below 625 pattern failure.
in daily, symmetric triangle formed and breakout happened with good volume, also price closed above upper BB and BB is expanding, sign of bullishness. sl - 610, tgt1 - 725, tgt2 - 758.
Symmetric Triangle and as price on Demand Zone - ICICI Bank. Trade: Long Entry - 296 above and Targets - 301.50 / 306.50 & SL - 290 Short Entry - 287.50 below and Targets - 281.50 / 275.50 & SL - 293.50 Note - Price is lying on Demand Zone. So, I am personally suggest to not go Short side until the demand zone get broken completely.
Trade Long: Long Entry - 324 Target Zone - 328 - 331 Stop loss - 320 Trade Short: Short Entry - 314 Target Zone - 308 - 305 Stop loss - 318
Sintex has formed a Symmetric triangle pattern. Would be interesting to see which way it breaks-out. One can go LONG if it crosses 30 OR go SHORT if it moves below 28.
ZEEL has formed symmetrical triangle pattern on weekly chart.
JINDALPOLY has formed symmetrical triangle pattern on weekly chart. Breakout range is above 398-400 along with RSI > 50.
Trade Long: Long entry - 513.50 Target - 518 Stop loss - 510.50 Trade Short Short Entry - 508 Target - 503 Stop loss - 511.50 Note - Trend seems upside
DCBBANK is consolidating in a narrow range is all set for upward breakout above 193.
BAJAJ-AUTO has broken out of symmetrical triangle pattern on weekly chart. It can test 3250-3300 if it stays above 2950-3000 zone.
Symmetric Triangle on Bank Nifty Trade: Long Entry - above 24499 and Target - 24959 / Stop loss - 24153 Short Entry - below 24153 and Target - 23738 / Stop loss - 24499
RBLBANK is forming symmetrical triangle pattern on hourly chart. Breakout above 542.
Symmetric Triangle and price on Demand zone. It is a good chance enter into the right direction either long or short. Trade: Long - Entry 925, Targets - 945 / 969 & SL - 900 Short - Entry 899, Targets - 882 / 859 & SL - 924 Note : Demand zone will trigger for long side. So, need caution on short side.
Symmetric Triangle on Adani Port and it may break either side but on Adani port trend is bullish so expecting to continue the bull run. Trading Levels are mentioned on chart.