Hi guys, as you can see IndusInd bank has formed triangle pattern ... now if it breaks upper trend-line of the triangle with good volume ... it can give target of 1100+ ( Targets can be varied depends upon ..the blue trend line ) Aggressive entry : - Above 1035 SL: 1020 Super Safe entry : Above 1052-1055 Target is 1100 + ( Depends upon how fast it will move...
AS you can see in the Chart ... Flag and pole pattern formation and Traingle formation has been shown by SAIL on Daily Chart There are 3 possible Setups to trade in this Scenario: Case 1 : if it take support at traingle base as shown in chart ... we can go for a swing trade ... with immediate target of 130 with SL mentioned in the chart Case 2: if it breaks...
GMR infrastructure has taken a clear breakout and retracement on this position, so give an entry with appropriate Stop loss This study is for equity delivery trade and not for FO positional or intraday 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive...
Triangle Formation. Once it breaks out expect a good move. Since markets are volatile, this is a very low risk bet if it moves otherwise.
Upward Breakout: Wait for a successful retest and closing above resistances Downward Breakout: Price may give false/premature breakout and continue upward if the general market is bullish. If bearish, the price may stop at the major bull trendline or weekly support. Generally, with descending triangles major trend continuation is expected. Corrections are welcomed...
VEDL is forming a symmetrical triangle shape.in coming days it is to watch out if crosses the upper line.that we a breakout if it cross the line.to be added in the watchlist
HUL looks good as a short term pick Expect 2450, 2500 real quick if the triangle is broken on the upside Stop loss - 2297 To motivate me, give a like and show your support. Thank you! Please stay safe. Happy trading! Regards, Segan
all studies explained in the chart. Bottom entry missed😥.But no probs still there is an opportunity.💰 buy & add @dips✔✔ trgt mentioned in the chart. 🧩Anytime triangle bo possible. 🧩Promsing chart.Can see descending triangle in the chart. 🧩Volume also increasing. 🧩Good q4 numbers published. 🧩Fundamentally good company. 🧩Recently it touched it's major support.So...
Big breakout ... buy only at days close above both the blue trendline + the green line ( monthly resistance )...
In march I was able to capture its move , similar pattern it is making now . In the coming days it is going to give brakout and it will fly again . With stocks like adani power it is good to take risk as it surges really fast . I will enter even before brakout you can also think like this.
ONLY TAKE A BUY TRADE ...... enter on BO above and then hold for the day .. if it stays above the trendline for the whole day take the stock home . see it on D chart then it might give you amazing upside :)
BUY ON CHANNELS downtrend line and sell on its top if it maintains to be above these levels by the end of the month = monthly breakout = u can hold it for a little more :) Happy trading
Even after a bearish nfty and bnknfty move last session this trade is still not messed up just some new trendline adjustments and here we go again looking for BOB ( buy on breakout ) ///// Keep an eye :)
Buy at Breakout for positional Target 1: 390s Target 2: 440s Target 3: 510s SL 260s levels