Hello Traders & Investors,
I have brought another analysis on Symmetrical triangle pattern breakout. Well this almost similar to Triangle pattern, but in this lower band trendline act upward sloping support in security. Same we have seen in Gujarat Ambuja Exports. Well there is higher Chances that we can see huge momentum in coming few weeks. So let's go, i will...
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on Electronics Mart India Ltd ( BSE:EMIL ).
Tells Me: The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
This bullish signal indicates that the stock price may target up range of 150.00 - 160.00.
PLEASE NOTE THAT:
This chart...
Elliott Wave Analysis:-
Waiting for TRIANGLE BREAKOUT. Once the breakout took place then we decide the move of the wave .
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
ITI has broken out of Symmetrical triangle pattern on monthly time frame. Entry above breakout candle high and stoploss will be the recent swing low or for safe traders the stoploss will be the breakout candle low.
Entry-214
SL-87.25
Safe traders SL-118.65
A Symmetrical Continuation Triangle, also known as a Bullish Symmetrical Triangle, is a technical chart pattern observed in daily chart of Godrej Agrovet Ltd.
This pattern is considered a continuation pattern, indicating that the price is likely to continue in the same direction as the trend that was in place before the formation of the triangle.
In the case...
I see signs of selling exhaustion as well as accumulation at these levels.
A symmetrical triangle breakout has been witnessed along with a retest.
MACD is also showing positive signs here.
YESBANK is stuck in a ascending triangle pattern. We have also presented related ideas of a rising channel and inverted head and shoulder pattern developing. A powerful breakout above 18.6 will break these 3 patterns.
Aspinwall and Company Limited is a multi-line business organization engaged in Logistics services across 9 branches in India, Coffee processing and trading at Mangalore, natural fiber division at Aleppey and Pollachi, Sales office in Hertogenbosch (Netherlands), Rubber plantations at Malappuram and manufacture and trading of Natural Fiber products.
Revenue Mix...
Hello Traders & Investors,
I have brought another analysis on Symmetrical triangle pattern breakout. Well this almost similar to Triangle pattern, but in this lower band trendline act upward sloping support in security. Same we have seen in Havells. Well there is higher Chances that we can see huge momentum in coming few weeks. So let's go, i will explain a bit...
BARBEQUE is breaking out of a 5 month ascending triangle. The breakout has to successfully cross the 200EMA which is directly on top of break out now. High volumes for last 3 days with high RSI.
NSE:TRIVENI stock formed like a symmetrical triangle pattern. buy entry is 314.50 level.
Target 1 325 to 330 .
Target 2 340 to 345 .
Target 3 360 to 365 .
stop loss break and close below the pattern.
Hey guys I hope you all are doing well, making insane amount of profits.
Check out this chart for NBCC! It's like a cool artwork with a symmetrical pattern. So, for the past 5 years, it was consolidating in a beautiful range, symmetrical tringle pattern. Where initially it has dropped by around 60%, but then it bounced back and started making slightly lower highs...
*HCL Tech*
Time Frame - weekly
Study -
-- After long run profit booking seen
-- After profit booking reversal seen
-- After reversal again profit booking seen
-- No consolidation going on, Kind of Symmetrical triangle pattern seen
Above 1100 looks good
This chart is only for educational purpose do your own study before taking any trades
