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.
Consolidation on higher level s. 1) Stock consolidated above the previous high making sure for more investors. 2) facing rejection of the 4245 . 3) Did not make any new lower low. BUY Zone - Above 42250 Target- T1= 4300 T2= 4350 T3= 4500
HDFC Bank is likely to form a Symmetric Triangle Pattern. Wait for breakout from 1720 level. #Current Price - 1535 #Expected Target - 2600 #Stoploss - 1650 Pattern is forming on weekly chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered. Please give a Like if you like.
NBCC (INDIA) LTD has formed Symmetric Triangle Pattern and gave breakout already around 43-44 level. #Current Price - 57-58 #Expected Target - 105 #Resistance Based Targets - Target 1 - 68 - Target 2 - 79 - Target 3 - 105 #Support Based Targets (Can be used as Stoploss) - Target 1 - 53.5 Pattern is forming on weekly chart. Disclaimer: This idea is only for...
Ascending triangel pattern Breakout with Good volume. Current market price:-223.40/- Target :-260/- Stop Loss :- 200/- Holding period 10 to 20 Days Guyz If you like my analysis then just like and comment below .
ELGIEQUIP formed a base ( triangle pattern ) on a daily time frame. if breaks out the upper border of the triangle it will be the potential short-term swing trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to...
BORORENEW (1W TF) Swing Trade Analysis given on 29th November, 2023 (Wednesday) Pattern: FALLING WEDGE - Volume Spike from Demand Zone/Support - Done ✓ - Upper Resistance Breakout - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #bororenew
NETWORK18 (1D TF) - Swing Trade Analysis given on 21st Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - In Progress - Breakout - In Progress - Retest & Consolidation - In Progress - Waiting for the entry at the Demand zone marked out #stocks #swingtrade #chartanalysis #priceaction #traderyte #NETWORK18
PSB breakout 🚀🔥 -CMP 47.8 -Narrow Monthly CPR -Previous Month CPR is Inside -symmetrical Triangle breakout -Volume buildup at breakout zone -Suppt 43
RAMASTEEL - Clean breakout in 1D timeframe observed. The breakout came with huge volumes. The company has decent fundamentals.
IDFCFIRSTB has been consolidating from sometime and it formed a symmetrical triangle. 1. Buy only above 89 2. Stop loss - 83 3. Target - 98 Disclaimer : I am not a SEBI registered and this is just my analysis and sharing for education only. Do trade or invest at your own risk. I am not responsible for any profits/losses. I would suggest do your own...
NSE:BATAINDIA Date : 19/12/2023 Chart Pattern : Symetrical Triangle Breakout. Time Frame : Weekly Chart CMP : 1674 Targets : 2295 (12 Months) Stop Loss Level : Closing Below 1530 FII/FPI have increased holdings from 6.63% to 7.51%. Disclaimer. I am not sebi registered analyst. Charts and levels are posted for Educational Purpose only it's not...
ETH Bearish 1. symmetrical triangle breakout 2. ema 20 cross 50 3. lost imp support trendline invalidation : breaks 2550$ support levels : 2440$ nexrt 2040$
Hdfc bank spot at 1720 Weekly time frame Symmetrical triangle pattern Horizontal resistance as per previous life high reversal levels, over here life high levels would play an important role, going ahead keep watch on daily price action, if not able to break above life high levels and sustain counter can give good retracement, of 5-7-10% counter have already...
IRCTC after initial rally has been trading in a very congested channel from last 2 years. The support has been maintained at 547 and trading in a channel making higher lows. Once the breakout happens from consolidation then in 1-2 years you can see a target of 1900+ Stop Loss on monthly closing basis can be maintained at 545 All intermediate target are...
1. Triangle formation in sideways for more than a month. 2. Price and volume contraction during this span. 3. Breakout at around 450 on upper resistance line 4. Prior uptrend to continue
MANAKSTEEL 1) Time Frame - Weekly. 2) Previous Life Time High was 64. It has been consolidating in a triangle pattern since 2022 & given a breakout in weekly time frame currently. 3) It's a Triangle pattern & All Time High breakout with strong bullish candle & Good volume. 4) Stock will find its next resistance around the price 80 (17%). 5) Recommendation - Strong Buy