Power Grid formed Symmetric Triangle pattern.. This is formed in uptrend. As per the rule this will break out and move upward.
Buy Entry - 208.8
Stop Loss - 205.75
Target - 217.00
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Descending triangle pattern spotted in Gold,suggesting bearish bias. Though the base of the pattern falls on 1403, immediately below is round number 1400. Hence it is advised to initiate short only if price closes below 1400 with stop above the falling trendline and target at 1380. Manage to book some profit at 1388 if price traverse through our predicted...
Price is converging with a symmetrical triangle formation in the daily time frame and it could breakout in any direction ,as monthly trend is sideways we shall wait and see which side
it could breakout
DMART looks set for a recovery. We could observe a confirmed bullish Ascending triangle pattern. Target of the pattern comes in at 1480. However, the price was rejected by the trendline resistance at around 1420. Going forward, if the trendline is breached expect the stock to raise towards the pattern target.
(Disclaimer: Our charts and contents are just for the...
There is no trade as of now... keep tracking this one!
Disclaimer: These are only for educational purpose and in no way should be construed as trade recommendation.
Please take your trade calls independently, only after proper risk management.
Escorts is trading below strong support of 545. It's 200 EMA is also around 545. Formed a small range just below support, which has now become resistance for it. Buyers are active in this region as the delivery percentage is quite high. Deliverable quantity is above average.
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline...
As nifty is moving in Ascending triangle, Ascending Triangle is getting completed near to 11950-12000 levels .
After The Break Out of Ascending Traingle we can expect Immediate TGT of 12400-12500 in NIFTY
one can place SL of recent low i e 11450 in spot and that too on a closing basis.