It is in symmetric triangle but price action and indicators have a negative bias. Could go short on break of yesterday's low. Everything else in chart.
symmetrical triangle is forming in daily time frame. look for a breakout. we ll discuss on sl and tgt post breakout.
Symmetric Triangle on Bharti Airtel and it may break either side but on this chart trend showing strength on bearish. So, the levels are mentioned accordingly. Trade: Short below - 413 Target 1 - 406 Target 2 - 400 Stop loss - 420
Symmetric Triangle on CANARA BANK and it may break either side. Entry based on breakout of the triangle pattern. Trade Long: Buy level - 364 Target - 404 Stop loss - 350 Trade Short: Short level - 335 Target - 304 Stop loss - 350
Symmetric Triangle on Lichsgfin and it may break either side. Trade Long: Entry - 749 Exit - 785 Stop loss - 733 Trade Short: Entry - 733 Exit - 697 Stop loss - 749
Symmetric Triangle on CADILAHC and it may break either side. Trade Long: Buy - 545 Target - 551 Stop loss - 540 Trade Short: Short - 543 Target - 537 Stop loss - 547
symmetric Triangle on Hexaware and it may break either side. Trade Long: Buy - 250 Target - 262 Stop loss - 240 Trade Short: Short - 240 Target -238 Stop loss - 250
Symmetric Triangle on UPL and it may break either side. Indicator showing the neutral trend. Trade Long: Buy above - 875 Target - 892 Stop loss - 860 Trade Short: Short below - 855 Target - 837 Stop loss - 870
Symmetric Triangle pattern formation on Auropharma and it may break either side. Trade Long: Buy above - 750 Target 1 - 760 Target 2 - 770 Stop loss - 738 Trade Short: Short below - 740 Target 1 - 730 Target 2 - 720 Stop loss - 752
NSE:IBREALEST Symmetrical Triangle formed in four hour chart. One can think to buy the stock above the Brake-out levels with a target of 254.8, sl 194.3
Symmetric Triangle on Jyothy Lab an it may break either side. But trend is showing good strength on long side. Trade Long: Buy above - 381.50 Target 1 - 392.50 Target 2 - 402.00 Stop loss - 373.00 Trade Short: Short is not possible on this Script, So avoid if the price broken on downside. (Edited)
Trade Long: Buy - 1533.50 Target 1 - 1538.00 Target 2 - 1542.00 Stop loss - 1526.00 Trade Short: Short - 1526.00 Target 1 - 1520.00 Target 2 - 1514.50 Stop loss - 1533.50
symmetrical triangle formation going on in daily and weekly volatility decreasing and BB is squeezing, breakout to be followed soon. since it was in an strong uptrend, upside breakout expected here. safe traders should wait for breakout. Risky traders may enter with a sl - 91. we ll discuss on tgt after the breakout.
Symmetric Triangle pattern on Adani Enterprise and it may break either side. Trade Long: Buy above - 142 Target - 160 Stop loss - 133 Trade Short: Short below - 124 Target - 105 Stop loss - 133
Symmetric Triangle pattern on Yesbank and it may break either side. Trade Long: Buy above - 1570 Target - 1590 Stop loss - 1560 Trade Short: Short below - 1548 Target - 1527 Stop loss - 1560
Symmetric Triangle pattern formation on Divis Lab and it may break either side. Trade Long: Buy above - 740 Target 1 - 748.50 Target 2 - 760 Stop loss - 730 Trade Short: Short below - 730 Target 1 - 721 Target 2 - 710 Stop loss - 740
Symmetric Triangle pattern formation on Voltas and it may break either side. MACD showing good strength for long side but need to wait for pattern breakout. Trade Long: Buy above - 483 Target 1 - 498 Target 2 - 513 Stop loss - 468 Trade Short: Short below - 450.50 Target 1 - 433.50 Target 2 - 420.50 Stop loss - 468
It is been observed on the 15 minutes chart that the price action is forming a symmetrical triangle and the breakout from here on shall decide the market movements in the index.