symmetrical triangle Pattern formed and break out also given Near 1656 ( Dicsount buy at current Levels 1543) tgt= 1880 sl=1405 closing basis, Please do your own analysis also before taking any trade / or consult your SEBI registered advisor.
HDFC was buying on 1559 levels as per symmetric triangle pattern with TGT of 1800-1805, same has double confirmed with C & H Pattern buy near levels 1680-1687,tgt=1800-1805 sl=1565.
NSE:GRAVITA Hello, all let's analyze this script to check its probability of winning. Trendline: The Slant line going upside provides necessary support to the price and doesn't allow the price to go below it. The Upside arrows marked in the image indicate the previous support. Horizontal line: This acts as a resistance to the price and doesn't allow the price...
HDFC AMC spot CMP :- 2780 Study :- Elliot wave + Chart Patter + Price Action Time Frame :- Weekly Symmetrical Triangle structure formation on weekly time frame, with demand line around current levels. Demand zone as per price action, retest of previous breakout levels, basing formation. Elliot wave :- Counter is trading in minor intermediate wave iii of major...
Lupin Cmp-919.3 A breakdown of descending triangle, Also marked area is weekly demand zone... Also price below 50&200 SMA. Price tested 50 SMA as long as we stay below the descending triangle, We would re-test weekly demand zone ...
Apollo Tyres , breakout of symmetrical triangle and it gave a retracement and also corrected when nifty corrected , can go for long
Its forming a symmetrical triangle on daily time frame. For the last month and half its taking support ( demand zone ) at around 126 levels. ENTRIES: One can buy at the breakout of trendline ( red in colour ) . STOP LOSS could be 126 levels ( green line ) and trail it with 20 ma.
Federal Bank Cmp 104 dated 22.10.2021 1. Ascending Triangle BO @ 98. 2. Volume rise Buy for a tgt of 165 SL 85 It is just a view, pls trade at your own risk.
EXPLANATION : This is a 2 hour time frame chart of TATAMOTORS . The stock has been in a consolidate for days and has formed symmetrical triangle pattern . If give a strong breakdown and broke its trendline with volumes and has retested the same , I am bearish on this stock . If give a strong breakout and broke its trendline with volumes and has retested the same....
EXPLANATION : This is a 1 hour time chart of TATASTEEL . I am seeing a very good buying and selling both side opportunity in TATASTEEL because of many reasons . It has taken support from demand zone . If give a strong breakout and broke its trendline resistance with volumes . I am bullish on this stock for the coming days , we buy at the bottom and sell at the top...
FEDERALBNK (W):- 103.9 CMP, looks good for more upsides keep track :)
While most auto stocks are rallying, Bajaj auto is still near support levels and is yet to start its run. The script is forming an ascending triangle pattern and looks good for the trade over the next few months. A spike in the sale of two-wheelers around DIWALI can boost the numbers for Bajaj which will ignite the rocket for the rally. Good to enter at the...
ETH had brokeout from the trendline recently and it is bouncing back from the trendline after retesting it, so i see this as a perfect opportunity to long ETH. As it had corrected for more than 5 months i guess there will be decent upside move in it in coming months. It is advised to add some more qty if it breaks the ATH.
-- Buy at current levels (136 -143) with Initial S/L 132 -- Add more near 152- 155 if price sustains and/or retraces to these levels. -- Trail your SL using Super trend indicator or given FIB levels -- Use FIB levels as targets depending on your holding time. Conviction reasons:: ----------------------- -- Price broke two resistance trendlines with good...
SYMMETRICAL TRIANGLE pattern, watch closely and depending on the move btc shows - short or long accordingly
In above chart in daily time frame, we can see that it has a symmetrical triangle pattern, and right now consolidating, and its in a verge of breakout . we can see a good move in the coin.
Note - This is for educational purpose only. Strength is seen returning after a downtrend. This may signal possible end of downtrend and start of uptrend soon. Volume us greater than 20 period average volume.