The stock is down by 20% from ATH, set up look favourable with R:R 1:4 Point consider in analysis: a. Ascending Triangle b. RSI c. EMA d. Fib level The entry, exit and stop loss mentioned in chart itself. Disclaimer : Consult financial advisor
IRCTC Long Ascending triangle pattern breakout on hourly chart Buy at CMP- 4059 SL- 3800 Target- 4400, 4560 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
The monopoly scrip is at the stage of breakout from a triangle pattern and also there's a volatility compression. I'm bullish on this scrip for both short term as well as lomg term. There's a stock split on 28th of Oct, try to hold it till record date as many new investors might invest in it for its lower cost which may further take this scrip up.
A strong channel breakout and support taken at retracement adding a conviction to enter long at 417.50 level with stop loss at 390 and expecting to hit 489 - 500 level.
BTC is forming a Symmetrical triangle which could lead BTC price to $46777.5 approx. I have published a idea of Rising wedge, if that's plays out then I believe this Symmetrical triangle will play out evantually.
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...
Trangle breakout now we can see keep on radar for educational purpose only
As the railways and telecommunication sector is on bull run , we can't forget RAILTEL to join the rally , a beautiful setup for investment in short term. Just keep patience after investing to catch good move.
Formed Symmetrical Triangle pattern in Weekly chart. Its sibling stock IRFC and RVNL has also formed exactly similar pattern. Disclaimer : Hey! I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only.
SUMICHEM has formed good support base at 398 and forming a triangle pattern, very much bullish to make 480 before ending of Month November. NSE:SUMICHEM in.tradingview.com
Since Nov,2019 Bosch is trying to cross the 16300 mark on closing basis but has returned twice. Today if it closes above 16300, could be a possible breakout and the targets can be as high as 24K.
The stock is about to breakout of the pattern and move up towards reaching the previous 52W high and if the trend continues it can cross 1400 levels. The trade can be initiated if the stock crosses and sustains 1070. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the...
Zomato Triangle Pattern Formation Add to your watch list
DLF could show reversal from short term downtrend as it forms ascending triangle and closes just above 200 SMA as well as trend line.
Laxmi Organic Cmp 591 dated 5.10.2021 Buy above 600 for a tgt of 750+ SL 555 It is just a view, pls trade at your own risk.
As u see on chart, Price has given a nice Breakout of important level which was acting as good support from long time once broken then turned into stiff Resistance now broken out with very strong Price Action POSITIONAL TRADE OPPORTUNITY BUY AT 130 FOR TGT 160-200+ STRICT SL @ 100
NIFTY PHARMA aka CNXPHARMA | Looks good potential in sector - Following stocks are in my screener.. Attached the indvidual stocks chart in comment section SUNPHARMA GLAND GRANUELS