Traingle
DABUR TRIANGLE 30MDABUR is forming a traingle pattern in 30M timeframe. Looks bearish at the moment because it is creating lower highs and testing support multiple times. Add to your watchlist and keep track of it. Can be a good trade if it breaks out of range. Happy Trading!
HDFC BANK ON DAILY TIMEFRAME.HDFC BANK might give A Big Move after Breakout as this chart pattern is forming on DAILY TF.
Let's see in which direction it breaks.
BAJAJHLDNG TRIANGLE 30MBAJAJHLDN made a triangle pattern in 30M and is about to give a breakout to either side. It can be a good intraday trade and a positional trade as well if it gives a bullish breakout. You can initiate your position in trade with a SL of nearest swing. Happy Trading!
Maithan Alloys - Technical AnalysisExplanation in Chart. Strong fundamental script with good promoter holding. For value buy wait for correction at suggested levels (maybe around 400 for not so conservative buyers). If broader market moves it might break current levels as well and touch 700 level.
Natco Pharm : triangle breakout, good buy above 995Natco pharm gave breakout from triangle pattern on 07 Dec 2012
A good buy above 995 is recommended wsl 950 for the first target of 1051
Keep trailing SL if starts coming in our direction
INFY TRIANGLE 1HRINFY is rangebound and forming a traingle pattern in 1hr timeframe. Breakout on either side will result in good momentum. It has been a choppy market for INFY and there are high chances of a breakout on bullish side. You can enter the trade in 15min timeframe as soon as the price crosses high of breakout candle with SL on previous swing low. It can be a postional trade and you can trail your SL alongwith price movement to get maximum profit out of the trade instead of planning a potential target.
ZEEL Getting ready for triangle breakoutBuy ZEEL above 190 with a stop loss on 182 for Target 210 and 227. Details mentioned on charts.
Long in LIC Housing Buy above 332 and target 340 with stop loss of 325 . Don't invest on this. Check your idea too
Raymond Triangle Breakout - Swing tradeNSE:RAYMOND Can consider Raymond Triangle Breakout for Swing trade with lower trend line as SL on closing basis. Try to take the trade once it retraces based on you RR.
Can look for 902, 300 and 310 as reward. Let me know for any queries. Please like, share, follow for more updates.Thanks.
Ashok Leyland Buying Setup [ Not Intraday View ]Market Facing little bit of resistance at 76 region.
If it broke above it , You can see some nice rally near future till 82 to 83 .
Below 73.5 This setup is invalid .
Let see what will happen .
If you have any suggestion for me please let me know .
HCL Tech is giving an RR of 7Please follow these rules before taking a trade :
1. A triangle pattern is visible , so take a trade only why it breaks in the positive side in our direction.
2. Buy at 2nd green candle in 15 min or 5 mins chart frame.
3. Keep a trailing stoploss with Rs 10 in mind.
#Oct12 - AMBUJACEM (intraday)The stock has been consolidating for some time now. And also created a clear triangle pattern if broken can give an amazing momentum.
These are the levels:
Buy above 240.55
Sell below 238
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Fine organics long if it breaks 2650 and sustains aboveTarget 2700,2800 and 2900.
Disclaimer : Please do your own analysis and enter the trade..this analysis for educational purpose only
