hathway : cmp 26.25 trade set up : buy up to 24 keep stop loss as 18.10 on closing basis targets : 36/42/49/ 56/62/76+ technical buy based on : 1. symmetrical triangle 2. parallel channel 3. trend line support 4. volume 5. bullish engulfing candle 6. valuation in the sector .
CDSL has shown some good uptrend in the past six months, now it is in a consolidation phase after a good price correction. We can see while correcting the volume is very low which is a good sign and shows that sellers are weak. Latest candle formed is a strong bullish candle with an above average volume gives a hint of buying interest. A unique thing is that for...
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
CDSL Cmp 1353 dated 8.10.2021 1. Double Triangle Formation. 2. Ascending Triangle BO @ 1357. Buy for a tgt of 1390-1440-1480-1450-1610 SL 1285 It is just a view, pls trade at your own risk.
RBL bank is about breakout and in Ascending triangle Pattern
BSE is about to breakout in Ascending triangle pattern
CDSL is about to breakout in Ascending triangle pattern.
As u see Descending Triangle Pattern has formed and given nice Breakout of the pattern with huge Volume built-up. All the important levels mentioned on the chart SWING TRADE OPPORTUNITY BUY ABOVE 310 FOR TGT - 350,400+ WITH STRICT SL @ 250
{{Trade Setup}} : A Weekly symmetrical triangle is observed forming since Dec'20. Price breakout was printed on 13th Sep'21 supported by breakout volumes. After breakout & retest, price is sustaining outside the triangle range. {{Targets /SL}} : A safe entry can be initiated above 82.65. Targets are set as the triangle pattern height at 118. SL will be a weekly...
BANKNIFTY has been in consolidation since last 2 weeks with substantial uptrend move as shown in chart that it is respecting the trendline and the rejections faced from above, this shows BANKNIFTY is very good ASCENDING TRIANGLE pattern which shows a potential upmove which is expected In coming session Things to note that if BANKNIFTY doesn’t breaches 37650...
Target:- 108 Stop Loss:- 82 The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also symmetrical triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
First it broke out of triangle pattern and now it breakout of inverted Head and Shoulder pattern. Can expect bullish momentum in coming days.
Here in Nifty Bank a Symmetrical Triangle is being created. Keep an eye out for a good trade. I am presenting this only for the purpose of learning. Please trade at your own risk. "The key to success is to lose small and WIN BIG"
Self - Explanatory (formation of Ascending triangle) #Educational_purpose
Descending triangle breakout with 1:2 risk reward no trailing stop loss with fix sl