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
Continous formation of higher lows and support on the trendline. Breakout of ascending triangle pattern expected.
Looking good for long at the current level. Perfect text book Symmetrical triangle pattern breakout
Trangle breakout after we can see 1st target 750, 2nd Target 800+ coming in this keep on radar for educational purpose only
infy symmetrical triangle pattern is emerging,see on chart
Buy On breakout As PSU banks are bullish it is preferred to avoid the trade if goes sideways Also keep an eye on Nifty PSU Bank index, As it is facing resistance from the levels of 2530. It can used as a confirmation, If settled above 2600.
M&M is in sideways zone since so many days ... Price has formed Hammer on support and we may expect a Triangle breakout on next week Buy Range = 760-770 SL = 730 Target 1 = 840-50 Target 2 = 940-50
XTZ can breakout of the triangle. Good entry on retest. All depends on BTC for it to play out. For now BTC looks Bullish so XTZ should breakout successfully. NOT FINANCIAL ADVICE
Great Time to enter at the trend Line support Keep Stop loss on closing basis
Ascending Triangle pattern breakout in 1D timeframe. Can now expect Bullish Momentum.
SHANKARA: Rising from retracement level after breaking out resistance ENTRY 601.35 SL 520.40 TGT 762
This stock is near its resistance and formed an ascending triangle pattern. IT CAN REACH UP TO 280++ once it breaks out from 235 level with volume, watch out for the mentioned level. Note: This is just for educational purpose, not an buy/sell recommendation.
MUTHOOTFIN | One more attempt based on Trendline breakout - 15% CMP : 1550 SL : 1480 Target : 1770 1:4+ risk reward setup