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
Tata Steel is forming a Symmetrical Triangle Pattern and as per expectation it should give a breakout from 113.
Based on the pattern, one can enter after the breakout above 113 and a target can be set around 194 with Stoploss to be set around 102.
This gives us risk to reward ratio of 6.9.
Pattern is forming on weekly chart with horizon of 2-3...
The co. enjoys a significant market share for the supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs. It has diversified its product portfolio by venturing into LED Luminaires for Indoor and Outdoor applications and Integrated Passenger Information Systems with LED Display. It is a sole Supplier to Ola...
RSWM breaks out forming a triangle pattern on 1D timeframe when high volume. It is apparently retesting its resistance. Enter on bullish confirmation. Follow proper risk management.
The chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Time Frame - 1 Day
Study - Inverted Head and Shoulder, which is Bullish Pattern
Also Symmetrical Triangle breakout - continuation pattern
It may see some bullish behavior.
This chart is only for educational purpose, do your own study before taking any trade
Here's a breakdown of the key components and characteristics of the Symmetrical Continuation Triangle (Bullish) pattern :
Converging Trendlines: The pattern is formed by two converging trendlines, one drawn connecting the lower highs and the other connecting the higher lows. This creates a triangle-like shape on the price chart.
Price Consolidation: The...
