FSL breaking out of a ascending triangle FSL is breaking out of ascending triangle with increased volume.
Stoploss:370.00
Target:442.00 NSE:FSL
Triangle
FSL breaking out of a ascending triangle FSL is breaking out of ascending triangle with increased volume.
Stoploss:370.00
Target:442.00 NSE:FSL
Positional Long/Reversal Setup: PVR Inox
PVR has given a correction of ~40% from its latest High and is trading at a important make or break level.
Current price structure is following a Descending triangle pattern, supported by the golden ratio zone based on swings from 2020 onwards.
The daily RSI is at 28.41, indicating the stock is approaching oversold territory, which may precede a potential reversal.
Also the CCI is at -131.31, placing it in the oversold range, which could indicate a potential price reversal.
PVR is currently exhibiting a bearish trend however, oversold signals from the RSI, CCI and based on current price structure suggest the possibility of a reversal.
⚡Note: This is just for analysis purpose, please do your own research before punching any orders.
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Praj Industries big breakout expected triangle pattern.More upside expected after the breakout from this triangle Pattern and range consolidation.
Easy and great fundamentals.
Tilak Nagar triangle pattern breakout expectedWinters are here and liquor sales are going rocket.
Tilaknagar allied blenders united spirits all are expected to go high next quarter numbers will give more boost to this rally
SBICards-Can it finally make a comeback?SBICards has been underperforming since last few years.
700-730 has proven to be a strong demand zone for the stock historically and looks like history is getting repeated.
950-1000 is a strong supply zone. Once it is broken, we can see this stock fly to new highs.
Currently, stock is a perfect example of buy low, sell high.
JSLJsl forming a triangle pattern
If upside resistance line breakout ,then go for buy(wait for 5 min candle confirmation)
If downside support breakout then go for sell.wait for confirmation.
ESCORTS is very bearish after the breakdown
DESCENDING TRIANGLE :
Due to the breakdown from descending triangle pattern the stock has become very bearish till the target price is reached
TESTED STRONG SUPPORT-RESISTANCE ZONE :
The stock has reversed from strong resistance level recently which was earlier tested several times as a strong support
TARGET LEVEL :
the price has a target level of 3196
DEVYANI INTERNATIONAL DESCENDING TRIANGLE BREAKOUTDevyani international descending triangle brakout
with volume spike,rsi bullish
breaking 200 ema
above 183 #target 222
sl 167
no buy/sell recomendation
Bullish Breakout on Indian Renewable Energy LtdThe stock of Indian Renewable Energy (NSE: INDIANRE) is showing strong bullish momentum, with a breakout above the descending trendline that has been acting as resistance for several weeks.
Key observations:
Trendline Breakout: The price has successfully closed above the descending trendline, signaling a potential trend reversal.
EMA Support: The stock is trading above the 200 EMA (currently at ₹190.05), confirming a shift in long-term sentiment to bullish.
Volume Spike: A significant increase in trading volume accompanied the breakout, adding credibility to the move.
RSI Momentum: The RSI is currently at 62.38, showing strength but still below the overbought zone, leaving room for further upside.
Trade Setup:
Entry: ₹218 (above the breakout candle's high for confirmation)
Stop Loss : ₹205 (below recent consolidation and EMA 200)
Target 1: ₹240 (prior resistance level)
Target 2: ₹260 (next major resistance zone)
Risk-Reward: This setup provides a favorable risk-reward ratio, with the potential to capitalize on the bullish momentum.
Disclaimer: This is for educational purposes only. Conduct your own research or consult a financial advisor before making trading decisions.
Butterfly Descending Triangle Breakout!Possible breakout near ~ 795, 800 levels. Short-Term Buy ~ 800, 810, With Stop ~ 750, For Target ~ 980. Time Frame - (Positional 10,15 day's))
2 Potential Swing trading stocks for 23 December MarketsI daily make educational content videos for swing / positional trading
Both are Potential swing trading ideas that are not active yet. I have explained the setup, pattern, and line-making behind them with a solid plan. Let's see if the plan gets activated.
POONAWALLA : bearish after breaking out of descending triangle
BREAKOUT from DESCENDING TRIANGLE pattern -
price has recently broken out of descending triangle pattern with strong confirmation ie large red candlestick
REVERSAL from 50D & 100D SMA MULTIPLE times -
price has also reversed from 50D & 100D sma several times over the past few weeks. Also 50D & 100D have come very close to each other while price was taking reversal from them indicating even more strong downward pressure
TARGET -
307.05
Techm #intraday ideas Techm huge sell off activates below 1760
if opens gapdown then will reverse first and again will get sold.
Breakout is one closing above1790 in hourly tf and break of high of candle close.
consult your advisor before trading.
A double top in the US2000After going back to the 2021 highs Russell 2000 is selling off. The entire pattern appears like a expanding triangle. We can go back to test the lower line of the expanding pattern if this is a massive topping process
SBI : Consolidation in a TriangleSBI is consolidating in a Triangle Pattern.
It has 2 Options
Breakout Above : Close above 860 then buy it with stoploss of 820 tgt 1030
Breakdown Below : Close below 770 then sell it with stoploss of 830 tgt 605
in current scenario where Banknifty is struggling to close above 51350 and
very likely to breakdown.
In this SBI will not be spared n it will go along down with it.
wait for the decisive close.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
TEXRAIL: Technical Signals Point to 20% PotentialThe chart provides a comprehensive overview of the key breakout levels and potential upward movement scenarios.
symmetrical triangle Breakout
RSI is above 60 and showing an upward trend
Surpass the hidden resistance and establish it as support
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
Amazing swing trading idea for 18 December MarketsI daily make educational content videos for swing / positional trading
TSLA - WKLY- CnH-Symmetrical Triangle This chart shows Tesla's price on a weekly timeframe with key technical features:
1. **Cup and Handle Pattern**:
- A bullish reversal pattern formed over the past months, with two rounded bottoms resembling a "cup" shape and a minor consolidation area.
- The breakout above the resistance level confirms the pattern.
2. **Measured Move Targets**:
- **First Target**: $406.69, reached with a 48.95% move.
- **Second Target**: $489.24 for symmetrical triangle reflecting a 72.66% rise from the breakout.
3. **Key Resistance and Support Levels**:
- **Breakout Zone**: Around **$271.73**, the neckline of the cup and handle.
- **Intermediate Resistance**: Around **$406.69**.
- **Current Price**: Trading near **$463.02**.
4. **Volume**: Strong upward volume during the breakout phase, reinforcing the bullish breakout.
If the momentum continues, Tesla's price may target the next resistance near **$489.24**. Let me know if you need further insights!
Dynamic cables Triangle Breakout RoaringTriangle pattern breakout. After hitting T2 1131.85, Will head to 1391.60 which is 261.8% Fib level
THE RAMCO CEMENETS - RAMCOCEMRAMCO CEMENTS share has broken out, with the first target set at the all-time high. I recommend placing the stop loss below 980.
Motilal Breakout in Progress!📈 Potential Upside:
The stock could make a strong move if it breaks above the 1️⃣0️⃣2️⃣0 level.
👀 Keep an Eye Out:
Stay tuned to the chart for potential trading opportunities.
🎯 Trade Levels:
Refer to the chart for specific entry, target, and stop-loss levels.
Light crude oil, offering potential +33% return on investmentA triangle pattern formed in Light crude oil Futures. A breakout above this pattern could lead to the market reaching the target of USD 95. Offering a potential +33% return on investment. Best of luck!
