Traingle
HOME FIRST FINANCE - BreakoutA breakout from the Triangle Pattern.
MACD crossover.
Inverted Head and Shoulder also spotted.
Breckout level of 1120 will work as support level
indusindbk will go to test next resistance level 1390
trade for tgt of 1390 with supporting down trend line
Suven Pharma forming pattern Suven pharma on daily timeframe forming pattern and rsi also inside channel as well we will wait patiently rsi have to breakout channel and have to close above the ma.
and don't forget to use SL ok :)
RELIANCE (SWING)A long trend symmetrical pattern breakout , looks bullish good to enter with a minimal stoploss , good for holding a positional trade
Symmetrical triangle pattern Butterfly is getting ready to fly in the sky so don't miss it...
this stock is consolidating since the month of April
the trendline is also valid because it touches more than two times
so if you get any opportunity in lower time frame catch it
CDSL Descending triangle patternCDSL on watchlist:
- Forming descending triangle pattern
- Contraction in volumes & volatility seen.
- May break of triangle on either side (BO/BD). If breakout, can look for buying opportunity.
- Keep on watchlist.
*only for educational purpose not a recommendation.
rblbank this is good setup because forming a triangle pattern and taking good support
with a small stop loss we can bet on it
PFC CASH LEVELS - DAILY ANALYSIS BUY @ 128-133 TARGET 139-144PFC Cash Levels - Daily Analysis
Buy @ 128-133
Target 139-144-148-153-158-163-169-177-190-200+
Sl Below 120 (Daily Candle Closing Basis)
Holding Period 2-3 Months
Option Players Can Try Aug Ce
Pfc 140 Aug Ce CMP 2.15
Buy @ 2 Ra Range Target 3-5-7-9+
Sl Below 1
IBULHSGFIN - Watchlist for intraday on 29th Jul 2021Watchout for breakout or breakdown. Can be a potential intraday watchlist.
Trade based on your own analysis.
HAVELLS - Intraday for 29th Jul 2021Both side movement possible. Watchout the move and trade according to your own analysis.
TATAPOWER - Watchout for intraday and swingOn 1d timeframe the triangle is formed. Both side movement can be expected.. Trade only if it breakouts or breakdowns the trend line.
Disclaimer: Trade at your own analysis and risk. This is my own view, not a suggestion/recommendation.
The best trades work almost right away.A breakout trade will work almost right away from the start, if the breakout happens with huge momentum and then you see Doji candles or hammer then there is a problem with follow-up. A bullish breakout must always be accompanied by a good follow up, else it cannot sustain. Bullish breakout needs good bullish candles, not Doji.
Note-As soon as you enter a breakout trade it has to work within 15-20 days.
If it does not move with huge momentum then exit it after 15-20days with whatever the result may be, don't wait for the stop loss to hit or for your target. The above rules apply only to Swing trade and breakout trading.
Pure chart analysis on Kotak Bank chartTriangle formation is almost going to complete on the daily chart of NSE:KOTAKBANK chart. This is pure chart analysis without any other indicators. Watch it carefully, in the next 4-5 trading days it may show its moves.
Follow me if you are interested in pure charting analysis like that.
Feel free to ask any queries in the comment section about this chart pattern.
MUTHHOT CAPITAL CMP 483 BUY FOR TARGET 525- 600- 650- 750- 900MUTHHOT CAPITAL CMP 483
BUY FOR TARGET 525- 600- 650- 750- 900-1000- 1100-1200+
SL BELOW 350 - CANDLE CLOSING BASIS
HOLDING PERIOD 3-5 YEARS
Symmetrical pattern in AKZO NOBEL INDIASymmetrical pattern in AKZO NOBEL INDIA
If breaks above resistance first target 2500
UNITED SPIRITS TRIANGLE PATTERNUNITED SPIRITS IS FORMING A SYMMETRICAL TRIANGLE PATTERN IN MONTHLY TIME FRAME AND CAN BE WATCHED OUT FOR POSITIONAL TRADING.
ITS HAVING CLEAR SUPPORT FROM AGGRESSIVE BUYERS IN THE LOWER TRENDLINE AND OVERALL ITS IN AN UPTREND. AND THERE IS A HIGH CHANCE OF BREAKOUT IN THE NEAR TERM.
IT HAS FORMED A BIG BEARISH MARUBOZU CANDLE IN MONTHLY TIME FRAME ON MARCH AND FOLLOWED BY INSIDE CANDLES IN THE FOLLOWING MONTHS.
AFTER THAT HIGH OF THE BEARISH MARUBOZU CANDLE(702.75) IS BROKEN WITH VOLUME AND CLOSES STRONGLY, INITIATING A LONG ENTRY CAN BE CONSIDERED.
LONG ABOVE 710 WITH A POSSIBLE TARGET OF 1100 SL 600
RELIANCE POTENTIAL TRIANGLE BREAK OUT BUY FOR A TARGET OF 2685, IF IT CLOSES ABOVE LEVEL OF 2150 (CURRENT LEVEL) ON WEEKLY BASIS.
STOPLOSS IS CLOSING INSIDE THE TRIANGLE.
