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Triangle

Flag and Pole in Styrenix what was the old INEOS StyrolutionOverall the pattern shows that a convergence is happening at this level When we look at the stock over a long period of time, what I realise is that the patterns are repetitive and it has not participated in the bull market as much as the other stocks. Looking at the shareholding pattern also we can understand that the no.l of shareholders in this counter are only 45,000 which means only savvy and old timers what knew this counter and IPO investors are there rather than catching the frenzy of FNO and traders and mass allotments.
NSE:STYRENIXLong
by liondewarangal
Prajindustries All set for a breakout? ✅Bullish Engulfing from support levels. ✅Good Volume ✅Dry volume when pulling back. ✅Trading above Key DMAs. ❗️Positional SL is very deep(20%)- Adjust SL as per your appetite and position sizing technique. Position sizing is very important if you are building positions. Aggressive trader's SL after the breakout is 761 closing basis. The view is personal. Please do your due diligence before trading. This is not a buy-sell recommendation. We missed the ideal entry when the stock broke out of the trendline area ( 718-19 range) -Market Cap₹ 14,798 Cr. -Current Price₹ 803 -Stock P/E 53.2 -ROCE29.3 % -ROE23.3 %
NSE:PRAJINDLong
by sagartharayil
#KFINTECH Primed for a Major Breakout!📊 Stock Analysis: #KFINTECH Primed for a Major Breakout! 📊 📈 Minor Breakout Achieved: #KFINTECH has delivered a minor breakout at its current level and is showing strong momentum as it approaches a major resistance level. With the stock frequently testing this resistance, the level is now significantly strengthened, increasing the likelihood of a further breakout. 🔥 This is a pre-breakout entry opportunity, offering a chance to ride the potential breakout rally early. However, given the overall market's weak to moderate stance, it’s crucial to follow a strict stop loss to mitigate risk in a volatile environment. 🚨 Target: 1220-1300 Stop Loss: 1027 Trade Risk Free Exit (20-30%): 1140 R/R Ratio: 4-5 💡 Keep #KFINTECH on your radar as it approaches a pivotal moment! 👀 📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions. 💼 #StockMarket #TechnicalAnalysis #BreakoutStocks #MomentumTrade #InvestSmart
NSE:KFINTECHLong
by nemi-chand
#CDSL Poised for a Breakout!📊 Stock Analysis: #CDSL Poised for a Breakout! 📊 📈 Breakout on the Horizon: Over the last couple of sessions, #CDSL has displayed notable strength, making another attempt to break out. While its previous breakout attempt was hindered by market volatility, frequent resistance tests typically strengthen that level, increasing the likelihood of a successful breakout this time. 🔥 With the broader market signaling a rebound after finding support, momentum is building, providing a favorable setup for #CDSL to achieve a strong breakout. This resilience is a bullish sign, but it’s critical to follow a strict stop loss as the market's stance remains weak to moderate. 🚨 Target: 1700-1800 Stop Loss: 1480 Trade Risk Free Exit (20-30%): 1620 R/R Ratio: 3-4 💡 Keep #CDSL on your radar for its potential to capitalize on the renewed momentum! 👀 📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions. 💼 #StockMarket #TechnicalAnalysis #BreakoutStocks #MomentumTrade #InvestSmart
NSE:CDSLLong
by nemi-chand
8
SHILPA MEDICARE : Breakout Candidate - Swing Pick#SHILPAMED #breakout #chartpattern #vcppattern #trianglepattern #continuationpattern SHILPAMED : Swing Trade >> VCP pattern Visible >> Ascending Triangle Pattern which is a Continuation pattern >> Trending Setup >> Good Strength & Volumes >> Low Risk High Reward Trade Swing Traders can lock profit @ 10% and keep trailing Note : In the Current market scenario, Setup's can fail easily so Trade only best Setups with Good Risk Management and proper Position Sizing Disclaimer : This is not a Trade Recommendation, Charts shared are for Learning Purpose. Do not take Positions without consulting ur Financial Advisor
NSE:SHILPAMEDLong
by moneyfesttrading
1
Delta Manufacturing Ltd. Based on Symmetrical Triangle Pattern 1. Pattern Analysis - Symmetrical Triangle Pattern: - Timeframe: 3.4 Years - Description: The price has been forming a symmetrical triangle, characterized by a series of higher lows (support) and lower highs (resistance). This pattern signifies indecision in the market, often resolving in a sharp breakout or breakdown. - The narrowing range between ₹75 (support) and ₹115 (resistance) highlights increasing compression, signaling an imminent move. 2. Volume Analysis - Volume Behavior: - Volume has been consistently declining throughout the formation of the triangle, which is typical of this pattern, indicating accumulation or distribution. - A sharp increase in volume is expected at the breakout point to confirm the direction. 3. Price Action Analysis - Key Resistance Level: - ₹115: The upper boundary of the triangle, serving as the breakout level for a bullish move. - Support Levels: - ₹75: The lower boundary of the triangle, which provides a critical support level. - Candlestick Analysis: - Current candlesticks show a consolidation phase near the mid-range of the triangle, reflecting indecision. A breakout candlestick with strong volume would validate the move. 4. Validation of Signal - A breakout above ₹115 with increased volume would confirm a bullish breakout. - Conversely, a breakdown below ₹75 with strong volume would indicate a bearish move. 5. Target Setting - Symmetrical Triangle Target Calculation: - Height of the triangle: ₹115 - ₹75 = ₹40. - Bullish Target: ₹115 + ₹40 = ₹155. - Bearish Target: ₹75 - ₹40 = ₹35. - Incremental Bullish Targets: - Target 1: ₹130 (+15% from ₹115). - Target 2: ₹155 (+35% from ₹115). 6. Entry and Stop Loss - Entry Levels: - Bullish: Enter above ₹115 after breakout confirmation. - Bearish: Enter below ₹75 after breakdown confirmation. - Stop Loss: - Bullish Setup: Place a stop loss at ₹100, below recent consolidation. - Bearish Setup: Place a stop loss at ₹85, above recent consolidation. 7. Trade Setup Summary - Bullish Setup: - Entry: Above ₹115. - Targets: ₹130, ₹155. - Stop Loss: ₹100. - Bearish Setup: - Entry: Below ₹75. - Targets: ₹60, ₹35. - Stop Loss: ₹85. 8. Final Notes Delta Manufacturing Ltd. is at a critical juncture, with the symmetrical triangle nearing its apex. A breakout in either direction, confirmed by volume, will present a high-probability trade setup. Traders should monitor the ₹115 and ₹75 levels closely, as they will determine the trend direction.
NSE:DELTAMAGNTLong
by Mr_Chartist_
DCAL: Symmetrical Triangle Pattern BreakoutDCAL has recently exhibited a noteworthy breakout from a symmetrical triangle pattern on the daily timeframe, accompanied by a corresponding increase in trading volume. The stock price has successfully breached the upper trendline of the symmetrical triangle, a development that is often indicative of bullish momentum. Such a breakout, supported by substantial volume, suggests a likely continuation of upward price movement. The MACD signal line has crossed above the MACD line, a bullish signal that reinforces the potential for further upward price action. This crossover indicates increasing momentum and buying strength. The RSI is currently reading above 85, suggesting that the stock is in overbought territory. While this may indicate strong buying interest, it is also a signal to monitor for potential overextension in the price movement. Based on the current technical indicators and chart patterns, a position around the price level of 194 . A stop-loss order is suggested at 180 to manage risk effectively. The target price for this trade is estimated at 223 , providing a favourable risk-reward ratio of approximately 1:2. Disclaimer: This technical analysis report is provided for informational and educational purposes only. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Individuals should conduct their own thorough research and/or consult with a financial advisor before making any investment decisions.
NSE:DCALLong
by NiftyNotions
4
Bitcoin - Irregular Triangle heading for 100,000 USD Target ?As discussed in yesterday's video, we're expecting a thrust in Bitcoin towards the 100K USD mark. Will this milestone become a reality soon? 🚀💰 Irregular Triangle An Irregular Triangle has beautifully unfolded, setting the stage for an upside thrust as per Elliott Wave Theory. This pattern, characterized by its distinct higher highs and lower lows within corrective waves, signals the breakout wave. From a wave perspective: - The ABCDE structure of the triangle suggests a classic consolidation phase is complete. - The upward thrust aligns with the typical post-triangle behavior, often extends strongly in the direction of the trend. Regards, WaveTalks Abhishek Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. -------------------------------------------------------------------------------
CRYPTO:BTCUSDLong
by WaveTalks
Solana Next Target is 202, 251 USD.. Triangle Pattern BreakoutSolana has formed a Triangle Pattern and Breakout, with the Next Target at 202 USD and a Final Target of 251 USD. Take advantage of this Great Opportunity to Earn a Potential Profit of +45% ROI and Overall +74%ROI. Check my Previous Analysis below, already reached the first Target at 174 USD with (+20% Profit). This is a Long-Term Analysis, it's important to follow Trend continuation techniques. I want to help People Make Profit all over the World. PREVIOUS ANALYSIS : Before & After,
CRYPTO:SOLUSDLong
by SasikumarMani
Bajaj Finance : Triangle Breakdown possibilityA 4 year consolidation in Triangle formation is about to breakdown if it closes below 6425 there a chance of short with stoploss of 6950 with tgt of 4000-3850. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series NOTE : I am not SEBI registered advisor in capital market. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thank you.
NSE:BAJFINANCEShort
by maneeshaggarwal
Natural Gas Futures Breakout: Key Levels to Watch Above 250 INRThis chart shows the weekly price action for Natural Gas Futures on the MCX (Multi Commodity Exchange) with some key technical indicators: Analysis: Trendline Breakout: The price has successfully broken out of the symmetrical triangle, signaling a potential bullish reversal. A breakout from this pattern often leads to further upward movement, especially if it’s supported by strong volume. Key Resistance Levels: With the price near 250, it’s approaching the next resistance levels at approximately 254 and 278. If these levels are surpassed, the next target could be around 305 INR/MMBtu. Volume Confirmation: The volume is relatively strong, adding credibility to the breakout. A sustained increase in volume would reinforce the bullish outlook. Trade Plan for Natural Gas Futures: Entry: Enter around 250 INR after the breakout confirmation. Targets: Target 1: 278 INR Target 2: 305 INR Stop Loss: Set a stop loss below 240 INR to limit downside risk. Risk Management: Consider booking partial profits at 278 INR and trail stop to breakeven. This trade plan is built on the breakout with targets at 278 INR and 305 INR, while managing risk with a stop loss below 240 INR. Watch for volume to confirm momentum, and adjust your stop or book profits as key levels are reached.
MCX:NATURALGAS1!Long
by ayusharya_001