Weekly time frame BO. This is a very important point. Will be looking for some retracement to build a position in this stock. It is very promising fundamentally as well with the Modi govt looking to disinvest PSUs. 2022 could prove to be a multi-bagger year for this stock
Forming an ascending triangle,Bo with high volume followed by retest.Educational purpose alone
Detailed analysis given on the chart Symmetrical Triangle Pattern Formation in M&MFin NSE:M_MFIN
Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
->Formation of triangle pattern in the weekly chart. ->Support from previous resistance. ->Upside breakout. ->Target of 238.
Once can take short term position above 260 and can reach the 320 levels. Stop Loss,Entry,Exit is provided in the charts Wait for the breakout with larger volume and enter it. This is for Educational purpose only...
target 1. 180 target 2. 200 target 3. 220+ coming in this keep on radar for educational purpose only
Keep FOR (Fortube) in your watchlist. Buy on breakout of the descending triangle with good volume at POC (Point of Control levels) that is the price level for the time period with the highest traded volume that has utmost importance here so when that zone breaks with good volume we need to take an entry. This is high risk trade and so are the profits. Here we can...
JKTYRE | Another opportunity to accumulate - Potentially 20% CMP : 158 (Dip : 155) SL : 145 Target : 180 1:3+ risk reward setup
triangle pattern formation watch for breakout trade in direction of breakout
HEG has formed rounded bottom and perfect triangle breakout. Long above 2629 T1 3226 T2 3990 SL 2151.45
ITD Cementation good Triangle break out. Long above 97.50 T1 130.55 T2 155.30 SL - 74.50
Looks good for long term hold. Long above 156 T1 208 T2 312.50 SL 98.60
Good triangle pattern break out with volume after a long consolidation. Long above 383 T1 455.85 T2 530 SL 315.55
Stock has taken support at 200 SMA and is ready to break 50 SMA. Once sustains above black line then could be a good buy for 1:2 Target with SL below 50 SMA.
ICIL Long: Breaking out from ascending triangle pattern and the candles signifying very strong momentum while breakout. Levels as per chart.
it shows symmetrical triangle and pole flag pattern on daily chart. have it on watch list for a potential 60% upside.
FIEMIND gave strong breakout , looking good for long above 1285 Analysis mentioned over chart