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...
Look at per trade line .tata power take Proper support on it target is 148 .
Details on Chart. Note: This is for educational purpose only
Details in the chart only.
NSE:TATAPOWER TARGET and LEVELS for TATAPOWER. This will work in both Intraday or positional trade. Advise Trade with Stoploss.
TATAPOWER Ascending Triangle Breakout Possible.
Go for Long position in Tata Power.. Showing good consolidation and a confluence of trend line and a triangle pattern.might be a wealth creator.
TATA POWER TRIANGEL PATTERN add to your watchlist
Strong Resistance @ 129, Confirmation @ 132, First Target= 146
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...
#91(GENIE IDEAS): HOLD WITH PATIENCE. I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know. Leave a comment that is helpful or encouraging.
Let me know your views on this!! Disclaimer: Chart is shared only for educational purpose. Before investing please consult your financial advisor.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
#89 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know. Leave a comment that is helpful or encouraging.
BULLISH TRIANGLE : Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e. Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the...
Positional Trade: Buy: Tata Power CMP: 125.90 Target: 140 Stop Loss: 121