Triangle
Sapphire foods-Can it break ATH this time?Sapphire foods has been consolidating in a beautiful ascending triangle pattern.
Currently, stock is near suppl zone, hence only risky investors should be interested
If the stock gives monthly closing above 1500 with good volumes, we can see a big move in this stock.
Keep in watchlist!
EICHERMOT - SWING TRADE - 3rd December #stocksEICHERMOT (1W TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #eichermot
Jindal SteelPrice is consolidating and forming a descending triangle pattern. Price is bearish as long as it stays below 798.
Buy above 804 with the stop loss of 799 for the targets 809, 814 and 819.
Sell below 794 with the stop loss of 799 for the targets 789, 784 and 779.
Next support is seen at 777 - 781.
Next resistance is seen at 818 - 822.
Check the live market updates.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Mighty Nifty - March 18After fall, price is consolidating in the form of descending triangle pattern. If price did not give break out, then chances are there to move within the range 21900 to 22100.
Pattern : Triangle.
Range : Medium.
Trend strength : Normal.
Buy Above : 22020.
Stop Loss : 21980.
Targets : 22060, 22100 and 22140.
Sell below : 21920.
Stop Loss : 21960.
Targets : 21880, 21840 and 21800.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
BANK NIFTY Price at support level possible to move upside in 1Day time frame it also on support level
Stop loss will below last support area low which is marked in area
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Jamna auto triangular breakout with volumeAuto Ancillaries sector looking good in weekly timeframe.
Smallcap : BANCOINDIA, FIEMIND, SHARDAMOTR, RBL, LUMAXTECH, JAMNAAUTO
Midcap : SHRIPISTON, SANSERA, ARE&M, ROLEXRINGS, SUPRAJIT
Largecap : SONACOMS, UNOMINDA, TIINDIA
Jamna auto made a stellar breakout with volume on Feb 26. It's evident on Mar 11, despite selling, buyers pushed the stock leaving long lower wick showing bullishness. Height of the triangle and Fib retracement gives the target as 161. Pivot R3 also points to 161. Strong resistance at 161.
Disclaimer: Do your due diligence.
Hercules Hoists ready to blastThere is a one more stock Which is showing a great opportunity, stock is near resistance and ready to blast. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Britannia: Triangle Pattern WatchoutConsolidating bullishly in this bearish market. watchout for volume breakouts. Stock with overall good fundamentals. Lets see how it moves in this market condition.
Disclaimer: I am not a SEBI registered person nor this is an investment advice, just my personal trade diary. Opinions and ideas are always welcome as it helps us grow together.
SOLAR INDUSTRIES - Swing Trade - 5th March #stocksSOLAR INDUSTRIES (1D TF) - Swing Trade Analysis given on 5th March, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #SOLARINDS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
NIFTY50 WEEKLY ANALYSIS - 26th February #indicesNIFTY50 Update (1W TF) - 26th Feb, 2024
- The Price Action structure still looks intact for a further upmove
- There will be a slight retracement to take support before the upmove
- The lower trendline will act as a major support in case of a correction
#nifty50 #indices
SOMI ConveyorThere is a one more stock Which is showing a great opportunity in this type of market showing great strength, stock is in Upper Circuit SOMI Conveyor. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Amar Raja Energy & Mob Ltd Analysis!NSE:ARE_M Daily Analysis!
Symmetrical Triangle Pattern formed in $NSE:ARE_M!
Symmetrical Triangle Pattern breakout in $NSE:ARE_M!
RSI Bounced Back from 50 Level
NSE:ARE_M formed a Symmetrical Triangle Pattern on the Daily time-frame. The stock is being in the uptrend by taking support on 50EMA. We can clearly see the breakout to the resistance trend-line with sufficient volume. RSI also bounced back from 50 Level. We can ride the rally with strict stop loss. Last candle has given a breakout we can enter either in the upcoming trading session or after retest. The important levels are on the chart itself, please have a look on it.
Trade Psychology and Setup:
Entry = Current price level is good to enter(865-870)
Target = 1052.15
Stop Loss = 809.90
Disclaimer = All my analysis is for Educational Purposes only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
DMART: Make or BreakHave observed triangle pattern in DMART in weekly timeframe. Will only plan to enter if breaks above 4200 with good candle closing and volume. Stock with good fundamentals consolidating for a while. Will observe how it goes.
Disclaimer: Not an investment advice, just my personal trade diary. Ideas and Views are always welcome as it helps us grow.
Sona BLW- A good stock for long termSonacoms has been consolidating since past 1 year.
This is a pre breakout idea, hence risk is more.
480-500 is a strong demand zone from which stock has recently showed a big rejection.
Levels mentioned in the chart.
Good stock for EV theme investors as it is a stock from auto ancillary sector. Keep in watchlist.
Avanti Feeds: Triangle Breakout Monthly TimeframeHave shown good volume and entered the trade today. Stoploss is below the breakout candle. Will partially exit at target 1 and will hold some quantities in order to aim for ATH target. I am ready to accept the loss if the breakout fails.
Disclaimer: Not an investment advice, just my personal trade diary. Please do share your views and ideas as it will help us all grow together.
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