DESENDING TRIANGLE PATTERN BO Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery & non food products through various of its retail formats/ concepts
Westside (174 stores)
Zudio (133 stores)
Star Market (60 stores)
Zara & Massima Dutti (24 stores)
Other Concepts (19 stores)
trent is now ready to break desending triangle patterns
good to buy for long term
only for educational purpose
not for sugesstion
Triangle
CARYSIL LTD - Triangle Chart PatternCARYSIL LTD 984 - Making Triangle Chart Pattern at 2hr/4hr time frame, made a Hammer Candle on 6mar and gave BO with a strong green candle on 7mar. It may touch 1170 if crosses and sustain 1000, right now at an old Resistance and Support levels.
For my learning and digital records purpose only.
Triangle pettern breakout in centuri textTriangle pattern formed in daily Timeftame and 4 hours timeframe. this can be taken for a long CE option with stoploss below tringle pattern
PVRINOX :- AT STRONG SUPPORT ZONE NSE:PVRINOX
PVR INOX Ltd. engages in the business of theatrical exhibition and allied activities. It has 689 screens across 115 cities in India and Sri Lanka with 361 properties. It is headquartered in Haryana, India.
Technical Analysis:-
1. Trading at a strong support zone and showing rejections from below.
2. it can form a C up leg in a triangle formation.
3. the spread of recent falling candles has started to reduce.
4. the volume is not supporting the down move. as volume declining + price declining is a sign of weakness in a downtrend.
5. the RSI & Stochastic is rising from the oversold zone.
6. Started forming a base around the support zone.
ENTRY:- shall be above the base formation 1420
STOP: below the support zone, it should be on a weekly candle-closing basis.
Targets are mentioned on the chart.
Fundamental News:-
PVRINOX is opening some new screens.
Hope you understand the analysis and study the charts for better clarification.
Keep Learning,
Happy Trading.
PNB - SWING TRADE - 30th November #stocksPNB (1D TF)
Swing Trade Analysis given on 30th November, 2023 (Friday)
Pattern: ASCENDING TRIANGLE
- Neckline Breakout - Done ✓
- Retracement + Consolidation- Done ✓
- Pullback Candle - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #pnb
TATA MOTORS - Swing Trade - 27th February #stocksTATA MOTORS (1D TF) - Swing Trade Analysis given on 27th Feb, 2024
Pattern: ASCENDING TRIANGLE
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #TATAMOTORS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia