Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves. When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing...
I see significant traction above 764. With a strict stop loss at 5-8%, one can take positions based on one's risk management. Note: Not a buy / sell recommendation. Do consult your financial advisor.
UBL at daily candle first broke ascending triangle pattern and then it retraced back then after that pullback it gave bullish candle now it has potential to move upside, Watch and learn how price action works. Thank you ! :)
sparc has after a long consolidation has given a triangle breakout.
SYMMETRICAL TRIANGLE PATTERN BREAKOUT & retest completed Buy @ cmp & in dips till 397 | WCBSL 388 | Tgt 475 / 530+
Starhealth is creating a ascending tringle pattern on daily, likely to breakout Not Trading Suggestions !!!
I daily make educational content videos for financial markets.
#HINDZINC Time frame- Daily * Triangle formation * Swing pick * Good buy above trendline and 200DMA Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing. #technicalanalysis #technicalanalyst #swingtrading #swingtrader #fundamentalanalysis #bullish #chartoftheweek #trading...
Making a triangular pattern at 2019 and a cup and handle pattern based on recent price action.. and a possible retest of support ! Buyers should consult their advisor before taking any action !!
Watch for a triangle breakout to take entry. Possible breakout on either sides. On Long - T1 68.50. On Short- T1 62.50. Note : Should go only after a breakout.
NSE:PERSISTENT can give trendline/trianle pattern breakout on daily timeframe with first target upto 3840/3923, longterm target 4384/4463.
NSE:GAIL showing possibility of triangle pattern breakout/breakdown on weekly/daily timeframe, keep close eye on it.
#mapmyindia #ceinfo May my india Looks good and in resistance area. Wait for breakout to go long. #vr
this share fits perfectly on my setup and shoot upside anytime soon.
NSE:ROSSELLIND ROSSELLIND broke out of an ascending triangle with a strong volume. Retesting the breakout zone with a complete dried up volume. It's a low risk entry opportunity. Can show a further upside if the broader market conditions remain favourable.
DEEP ENE RESOURCES - CMP 54.55 MONTHLY ANALYSIS - TRENDLINE BREAKOUT BUY FOR TARGET 70- 88- 125- 167- 235- 300+ TIME DURATION 3-5 YEARS
Patterns in chart : Symmetrical triangle formation near the support 38600 - 38850. 38600 - 38850 is the nearest trend deciding level and sustaining above that will make the price to give another 1000 pts move towards 39660. If the price stays below 38600, then it will move towards 38300,38000,37650, 37500. Note : Take trade when the trend direction is clear to you.
With a bullish candle formation on Friday, the upward momentum looks promising in Praj Industries. Sustaining price levels above 390 is important. On the positive side, then one can expect initial target of 410 and 440. Beyond 450 can see substantial move on the upside. Support level at 365 and 350. Below 350 one can initiate stop loss. Not a buy/sell...