Trading at 50 & 200 SMA Support Buy at the breakout from the triangle for the target mentioned in green.
This scrip is in an uptrend for a while and today it had given a strongbreakout from the triangle pattern as well as from C&H pattern with strong volume, so i do expect a bullish move in this scrip in coming weeks after a small consolidation as RSI is quite high so it may cool down in coming days before a up move.
Major support from 38180 to 38100. Short Below 38100
Buy at the breakout from the triangle for the targets marked as green.
Buy once breakout from triangle, SL below the breakout candle.
LALPATHLAB trading in a triangle pattern. Wait for breakout any side before entering. Chart from 15 min TimeFrame only. This is for educational purposes only and my personal view. Please check from your end before entering in to trade. Please Like and comment for more & regular studies for Nifty , Banknifty & Stocks.
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
Ami Organics , Stuck in a Triangle , Which is Embedded in A Bigger Triangle . Possible Breakout on 1322
Sonacoms 15 Minutes Triangle Breakout With Rising Volumes . If It Crosses 675 , It will Test 690 and If It Breaches 690 , Its In The Sky Till 800 .. So Enjoy The Ride ..
COCHINSHIP - SWING TRADE Weekly and daily breakout. Volume breakout as well. Good RR ratio trade. Hold for targets ;)
RACLGEAR - Swing trade Textbook triangle breakout. RSI Breakout as well. Hold for targets ;)
Steel sector National aluminium Long term stock Stoploss 95
NSE:INDIANB broke the Long Term Resistance level 150 Today with Huge Volume. It even made an ascending triangle pattern which is broken today. Keep an eye on this stock for long term investing.
The price at crucial support level, breakdown will generate great opportunity to trade short.
Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
IIFLWAM - LONG Buildup & MOMENTUM PICKUP ------------------------------------------------------- :: Buy if price sustains 1650 levels with Volume :: Initial S/L - 1530 :: Momentum Pickup seen in RSI :: Good buying pressure btw 1530 - 1575 levels /** Caution : Smallcap stock... Prefer allocating <5% of your capital. And consult your financial advisor to know...
The stock has been moving in an ascending parallel channel. At the base of the channel, I see an ascending triangle which when broken out can see a good momentum kick in.