Based on ascending triangle pattern breakout target of 32k is possible. We can see very good setups of supertrend playing out here. SL 22K
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CHOLAMANDALAM HOLDINGS (1D TF) - 24th Jan, 2024 Pattern: SYMMETRICAL TRIANGLE - Volume Spike Buildup - Done ✓ - Upper Trendline Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #cholahlding
Electro Force- Looking good in volume also forming ascending triangle patter. Where we can see a good move if it breaks 127, then we can see all time high and the target of 142 . Disc: Only for Education purpose, not a trading recommendation.
On weekly time frame we can see Ascending Triangle pattern . Pattern length is nearly 3years. 1. Taking support on 100EMA. 2. Bullish divergence in RSI. Note : Analysis is only for education purpose. There are not much volumes traded on his stock.
On Weekly TF charts it is forming Ascending Triangle pattern . Struck in and Forming pattern from more than 1year. 1. Taking support on trend line and forming higher lows. 2. Taking support on 50EMA. 3. RSI also taking support on trendline.
For Educational Purpose.. #LICHSGFIN IS READY TO BUY LONG Waiting Time 2-3 Months Long Above - 470-475 SL - 420 Target - 500, 525, 550 & More.. Thank you
Max Healthcare is forming Ascending Triangle pattern(which is bullish pattern). It is trying to break its all time high levels
in GBPAUD A good break out occurred It will be down for few days Grab it all forex user good opportunity
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
NMDC STEEL (1W TF) - Swing Trade Analysis given on 21st Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #NMDC
Price is consolidating in the form of an ascending triangle. As per the pattern, the price have to give upside break out. But we will plan for fall also, so that we wont be surprised by the price movement. Q3 result was good with 26.8 % net profit. Daily time frame shows price is taking trend line support. Buy above 470 with the stop loss of 465 for the targets...
Ascending Tiangle Formation is seen in HAVELLS. Now it is about to take support ar trendline. After that we can expect an upward movement. Also HAVELLS is at a discounted price💯🔥 Ii is an opportunity to add in Portfolio for long term. -Support 1260 -Tgt 1500 (short/mid term)
A breakout above on all Moving Averages AND good volumes in the last 3 trading days, supporting the rise, gives me a Bullish outlook. In 15 min TF, formation of an Ascending Triangle, with highest volume in the last candle also adds to my confidence. Targets - 1648 / 1663
POINTS TO NOTE: ______________________________________________________ 1. Symmetrical Triangle(ST) consolidation on a healthy uptrend 2. Breakout & sustenance outside the triangle 3. Another HH, HL breakout of a minor trendline outside the ST 4. Targets measured as Height of the pattern Disclaimer: This is NOT a trade recommendation but my analysis. Please do...
Weekly breakout in HFCL after 2.5 years. Decent fundamentals and stable company.
Triangle patterns are aptly named because the upper and lower trendlines ultimately meet at the apex on the right side, forming a corner. These patterns are formed once the trading range of a stock or another security becomes narrow.