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LTIM - SYMMETRICAL TRIANGLE BREAKOUT🔊 LTIM - LTIMINDTREE LTD. ⌛Duration - Long Term (8 month to 15 month) 📊📈 Trade Logic - Symmetrical triangle breakout CMP - 6127 Time Frame - Weekly 🎯Target 1 : 6500 🎯Target 2 : 7580 🎯Target 3 : 8600 🎯Target 4 : 9200 🎯Target 5 : 10000 🛑 Stop : 5500 🏆 Risk/Reward Ratio (1:6) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:LTIMLong
by Profit_Trader25
Bajaj Finserv Ltd (BAJAFINSV): Strong Bullish MomentumBAJAFINSV has shown impressive bullish momentum, breaking above multiple resistance levels. The increasing volume and positive RSI suggest a continuation of the uptrend. Descending triangle chart with a breakout Breakout Confirmation A breakout from a descending triangle occurs when the price moves above the upper trendline of the triangle. This signals a potential reversal of the downward trend and a possible uptrend. Technical Indicators: RSI is above 50, indicating a bullish momentum. Moving Averages: The 9-period Exponential Moving Average (EMA) is crossing above the 21-period EMA, confirming the bullish trend. MACD: The Moving Average Convergence Divergence (MACD) histogram is above the signal line, indicating a bullish trend. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.  
NSE:BAJAJFINSVLong
by supertraders_india
LTIMINDTREE LTDLTIMINDTREE LTD Pattern :- symmetrical triangle pattern. A breakout from the triangle has occurred, suggesting a potential strong bullish movement. Target : The chart includes two projected target levels (1st TRG and 2nd TRG), indicating potential price targets post-breakout. 1)1st Target: Around INR 7,588.80 2)2nd Target: Higher, possibly indicating a significant upward move beyond the 1st target. Entry Point: Since the breakout has already occurred, an entry near the current level (around INR 6,127.55) could be considered. However, waiting for a minor pullback to the breakout level (around INR 5,900 to INR 6,000) might offer a better risk-reward ratio. A conservative Stop-loss can be placed just below the lower boundary of the triangle, around INR 5,450. This would minimize potential losses if the breakout proves to be a false move. Market Conditions and News: Check for any news related to LTIMINDTREE LTD, such as earnings reports, management changes, or sector-specific developments. Such news can significantly impact the price and should be factored into the trading decision. Broader market trends, such as the performance of the IT sector and the overall market sentiment, should also be considered. The breakout from the triangle pattern and the increasing volume are positive signs. If the broader market remains supportive and no negative news impacts LTIMINDTREE, the stock could reach its projected targets. for MORE check in my Tv-id " in.tradingview.com " If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its. "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏
NSE:LTIMLong
by asAMOLSUTAR
Bajajfinserv rally pending..Good triangle pattern formed in bajajfinserve in 1D 1W 1M timeframes. About 1000days consolidation pattern. Breakout above 1600 price will lead to hurracane rally in this stock. Keep an eye. According to Fibo trend based extension Next big levels will get open in this stock till 3000. Then further extension will drag it till 4000 levels. But it may take some time too. This is long term view. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:BAJAJFINSVLong
by ashishhc
4
EMS Limited : Breakout Candidate#EMSLIMITED #breakoutstock #breakouttrading #vcppattern #asymmetricaltriangle #chartpatterns #TWS EMS Ltd : Breakout Candidate >> Ascending Triangle Pattern >> VCP Pattern Visible >> Good Strength & Volume may Expand in coming Days >> Moving Avg Tending Setup >> Low Risk High Reward Trade As per the Setup it shud give a minimum upside of 15-17%. Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:EMSLIMITEDLong
by moneyfesttrading
DEEDEV DAY CHART BASE FORMATIONNSE:DEEDEV Company profile 🔹Dee Development Engineers Ltd. provides prefabricated piping solutions. It operates through piping, power and heavy fabrication segments. The Piping segment engages in the manufacturing of pre-fabricated engineering products, pipe fittings, and piping systems. The Power segment offers biomass-based power generation. The Heavy fabrication segment involves in the manufacturing of wind mill towers. 🔹Listed in July last year then it marked a high in a few days and after that, it went into a strong consolidation showing a Cool off IPO price rise and now it has formed a good base with a view to breakout. 🔹The IPO buyers must have been bore with the move and they are slowly exiting but some smart money is accumulating for another continuation of the up move. 🔹The volume is slowly decreasing on each fall showing sellers exhausting. The Fundamentals:- ➖The company is making year-on-year growth in revenue and Profits. ➖Recently it has received big orders. Entry and Other levels are marked on the chart. Always use stop-loss to avoid unnecessary drawdowns. Keep Learning, Happy Trading.
NSE:DEEDEVLong
by SANJAYPATIDAR_
Zee Entertainment: Symmetrical Triangle Formation Signals PotentZee Entertainment is currently consolidating within a symmetrical triangle, a classic chart pattern that often precedes a significant move. A breakout or breakdown in either direction is possible, suggesting the need for careful positioning. Traders are advised to remain cautious and await a decisive break above the marked level before entering any positions. Tight risk management is key, with a predefined stop loss being essential for mitigating potential downside. A strategic entry at the right level can yield a favorable risk-to-reward ratio. Note: As always, disciplined trading with a tight stop loss is crucial in maintaining a strong risk management framework.
NSE:ZEEL
by kunalsinghbalyan
2
D-Link - Textbook Symmetrical Triangle pattern NSE:DLINKINDIA D-Link has formed a textbook Symmetrical pattern that has worked out so far Although it is a bullish pattern one should wait for breakout confirmation to enter. Those who want to minimize the risk should wait for retest and may enter after confirmation. The breakout must also be validated by the volumes or else it'd be just another Fakeout. According to Fibonacci Extensions after breakout 168.70 is immediate resistance might consolidate there for a while On the downside 144.15 / 136.60 / 129 / 119.65 are support levels Company also has decent fundamentals It's long call so one can keep stop loss according to their risk appetite.
NSE:DLINKINDIALong
by sandeshprabhu85
6
Symmetrical Triangle Pattern Breakout seen In Bajaj Finserv Ltd.Hello everyone, i hope you all will be doing good in your Trading and Life as well. I have brought a stock which has given a breakout of Symmetrical Triangle Pattern. Stock name is Bajaj Finserv Ltd, and it is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions. Technically and Fundamentally stock is really Good to go for short term to long term as well. I think this is the best stock to hold for long term from here. This can be best portfolio stock. Companies management has given positive outlook for future in last quaterly result conference call. The pattern can indicate a number of things, including: Volatility contraction The pattern can symbolize a decrease in volatility as the price range contracts within the triangle. Indecision The pattern can form when the market is uncertain and buying and selling continues. Potential trend reversals or continuations The pattern can help traders and analysts spot potential trend reversals or continuations and manage risk. A breakout from the upper trendline indicates the start of a new bullish trend, while a breakdown from the lower trendline marks the start of a new bearish trend. Check the charts above (Bajaj finserv) it has given breakouts for falling upper band. before to few minutes of Closing of today's session or opening of next day session can be entry point. For the Targets you can calculate the thickness of symmetrical pattern as i have shown on chart above, and stop loss can be place at lower of breakout candle or near to lower band support line. Market Cap ₹ 2,74,385 Cr. Current Price ₹ 1,719 High / Low ₹ 1,742 / 1,419 Stock P/E 32.9 Book Value ₹ 378 Dividend Yield 0.06 % ROCE 11.7 % ROE 15.3 % Face Value ₹ 1.00 Industry PE 23.6 Debt ₹ 2,88,933 Cr. EPS ₹ 52.3 Promoter holding 60.6 % Intrinsic Value ₹ 902 Pledged percentage 0.01 % EVEBITDA 12.8 Change in Prom Hold -0.04 % Profit Var 5Yrs 20.4 % Sales growth 5Years 21.0 % Return over 5years 19.8 % Debt to equity 4.79 Net profit ₹ 16,095 Cr. ROE 5Yr 13.8 % Profit growth 18.3 % Earnings yield 7.66 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. 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. Thankyou.
NSE:BAJAJFINSVLong
by TraderRahulPal
5
Midcap Nifty - Aug 26Price is consolidating in the form of descending triangle. It can give break out. Buy above 12960 with the stop loss of 12920 for the targets 13000, 13040 and 13080. Sell below 12880 with the stop loss of 12920 for the targets 12840, 12800 and 12760. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:MIDCPNIFTY1!
by vanathi
4