In last trading session, BHARTIARTL gives bullish breakout of its symmetrical triangle pattern. After this breakout expected in short term time period we will see target of 695+.
Buy BHARTIARTL Above 540
Stop-Loss - 520
Target - 575 620 695+
In BRITANNIA, We seen a fine symmetrical triangle pattern formation. Currently it's forming its 3rd wave of this pattern. Expected it will complete its final wave in first week of august month.
1) Current Stage Position(Long Trade):
Currently this trading near support level and expected it will take this support and take reversal towards the resistance trend...
After rally of Asian Paints and Berger Paints , it may be possible that Nerolac paints could show good momentum. It's PE is around 60 and sector PE is around 90.
Now let's talk about technicals :- Stock has been forming symmetrical triangle pattern and now it has given a good breakout . Stock is now retesting the resistance line. If retest is successful , we can...
Traders, I have provided full detailed chart of eicher motors in 1 hour time frame which is clearly form symmetrical triangle pattern, buy if the resistance line is broken . Stop Loss and Probable target is mentioned in the chart itself.
This analysis is for educational purpose only. Feel free to share your views. I share chart pattern very frequently.
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📌 Just analysis or you can say backtesting my patterns and price actions :) no potential trade on these levels + on monthly TF it has moved a lot already which is 100%+ so it might get volatile for a while :) just all the possible trades that could have been...
The Symmetrical Triangle Chart Pattern indicates an ongoing period of price consolidation before the prices breakout.
A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle’s formation must be bullish.
On the other hand, A bearish symmetrical triangle is a bearish continuation chart pattern, the movement...
As per hourly Chart pattern cadila has been trading in symmetrical tringle pattern.
Today market open at 9.15 and cadila has bounced back from lower level trend line area. if cadila sustain above this zone then we can see good upside move .
Target : 645 655 668
Stop loss : 618
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Chart Type: Self Explanatory: BO from this zone on Day chart = Amazing upside potential:: Swing trade
✺--------------------------- Motivational and psychological area ✺
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade,...
Reliance spot cmp 2105
counter have formation of falling contracting wedge ,, where the breakout and retest is done,, currently counter is trading in symmetrical triangle formation,, break out of which would lead to good up move,,
Rsi and MACD giving early indication with bullish divergence
MAcd positive Crossover,,
Good long criteria buildupp,,
Learning Triangle Pattern educational Purpose, An IDEA CAN LIGHT your BRAIN Tublelight
The triangle chart pattern is formed by drawing two converging trend lines as price temporarily moves in a sideways direction. Traders often look for a subsequent breakout, in the direction of the preceding trend, as a signal to enter a trade.
Learn Difference between...
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👑 ITs a very good analysis video as I will try to trade this in realtime with you guys of course risk is diff for diff people but trading quality matters, not quantity :)
Good luck keep it in your watch now
⌛ Motivational and psychological area ⌛
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$$ Important logic used: Symmetrical triangle on the resistance of monthly zones = signs of accumulation of price to make the sellers go away and break it, symmetrical triangle showed that both...