ZENSARTECH ASCENDING TRIANGLE BREAKOUTZensartech breaking ascending triangle
#weekly basis with good volume
macd crossover done
trading at ATH
#target 800+
EDUCATIONAL IDEA
Triangle
2 Amazing swing trading ideas for 6 June Markets I daily make educational content videos for swing / positional trading
Bank Nifty - June 5We had a volatile day as the votes were getting counted. Leading, lagging parties seats were remaining stable from the morning, but our market movement was highly volatile. Expecting some volatile movement till the government formation.
Now, let us continue with the analysis. Also please note, option premium was high and tomorrow there will be more decay.
Pattern : Triangle.
Range : High.
Trend strength : Volatile.
Buy Above : 47040.
Stop Loss : 46920.
Targets : 47160, 47280, 47460, 47680 and 47840.
Sell below : 46760.
Stop Loss : 46880.
Targets : 46640 ,46500, 46340, 46200 and 46020.
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.
#BTC/USDT Primed for Breakout#BTC/USDT Technical Analysis: Two Potential Scenarios
Scenario 1: Symmetrical Triangle Formation
- **Current Pattern**: BTC/USDT is forming a symmetrical triangle, a common continuation pattern that usually indicates a period of consolidation before the price moves in the direction of the previous trend.
- **Upward Breakout**: If BTC breaks above the upper trendline of the triangle around $75,000, this could indicate a bullish continuation. Such a breakout would likely attract significant buying interest, potentially driving the price higher and grabbing liquidity above this key level.
- **Downside Risk**: Conversely, if BTC breaks below the lower trendline, the next major support level is around $61,000. This would suggest a bearish scenario where the price could decline further, testing this support level.
Scenario 2: Bullish Pennant Formation
- **Current Pattern**: BTC/USDT is also forming a bullish pennant, another continuation pattern that often occurs after a strong upward move. This pattern indicates a brief consolidation before the price continues in the direction of the prevailing trend.
- **Bullish Breakout**: If BTC breaks out from the pennant formation with strong volume and momentum, we could expect a significant upward move. The target for this breakout is around $85,000, based on the height of the initial flagpole leading into the pennant formation.
- **Confirmation**: For this bullish scenario to be validated, the breakout needs to occur with substantial volume, confirming the strength of the move.
2 Amazing swing trading idea for 4 June Markets I make educational content videos for swing / positional trading
BNB : Bullrun expansion soonBNB is consolidating inside a bullish ascending triangle pattern and a successful breakout will cause a parabolic move in the price of BNB
INDIAN BANK - Swing Trade - 21st May #stocksINDIAN BANK (1D TF) - Swing Trade Analysis given on 21st May, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Resistance Breakout - Done ✓
- Volume Buildup at Resistance- Done ✓
- Change of Polarity - In Progress
* Disclaimer
BREAKOUT IN ATGL📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -ATGL-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
A triangle or a flat in wave 4 of one lesser degreeRunning into to wave 4 of one lesser degree within a higher degree wave 3. I envisage a triangle . A pause in price action,after that we will be in a wave 5 within a higher degree wave 3 . Investors Hold . Regards
JKIL (Asc Triangle Breakout)J Kumar Infraproject Ltd (JKIL) has formed an Asc triangle pattern on DTF. The stock could head towards 800, 820 in the coming few days. Also, good volumes can be seen on the DTF. Stop loss can be placed at the low of Friday's closing candle which is 644. Support at 715.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
ASHOKLEY STOCKNSE:ASHOKLEY stock is break the symmetrical triangle pattern.
Buy entry is break and sustain above the 195 level (OR) after the retracement level of 185 range.
Target 1 is 205.
Target 2 is 220 to 227.
stop loss break and close below the pattern.
ASCENDING TRIANGLE ATGL (ADANI TOTAL GAS LTD)ATGL forms the ASCENDING TRIANGLE past 6 months, may 3rd week its breaks and given confrmation for ENTRY AT 1000 (PRICE).
Duration : 2-3 MONTHS (APROX)
Ratio Target : 30% PROFIT( based on INVESTMENT)
R:R : 1: 3
PYPL - Potential Long after BreakoutPYPL has been consolidating on the weekly time frame for quite a long time, it seems to have nearly reached a point where it could break out in either direction. We would have to wait and see the direction of breakout and take a trade based on the direction. I would expect to go long primarily because numbers have been good and there is quite a lot of hedge fund interest in PYPL.
Symmetrical triangle breakdown in CANFINHOMECANFINHOMES LTD
Key highlights: 💡⚡
✅On 1 HOUR Time Frame Stock Showing Breakdown of Symmetrical triangle Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 680-.
✅Can Go short in this stock by placing a stop loss above 755+.
Hatsun-One more Agrochem stock on verge of breakoutHatsun agro has given good volume bounce today from trendline. Above 1200, we can see this stock flying.
However, this stock forms long wicks hence it is safe to wait for weekly closing above 1200 for a safe investments.
Keep in radar. Agro stocks normally give big moves before monsoon arrives.
Oil and Gas about to break four times tested weak resistanceDTL BO (Down Trend Line Breakout)
Even Oil N Gas stocks are also setting up to move :
ONGC (being my fav with good results, check older posts), Oil Ind, HPCL, BPCL, IOC, Gulf OIl.
[Swing Trade] ALLCARGOALLCARGO - is about to give a good BO after long time..expecting it to reach 100+ in this run..
I will enter the trade once I get confirmation of BO, volume and with some retracement. I dont recommend others to trade on my views.
[Swing Trade] INDIANB BOINDIANB had nice BO with good volumes. Retracement is also done..Looking to take a position but just avoiding till elections.
ABCAPITAL - Triangle PatternABCAPITAL is making a Triangle Pattern at 2hr Chart, now 208 has become a support after the previous Resistance. Probability of going up for 240 target.
It has taken support at lower Trendline for 4-5 times. If it doesn't break the upper trendline now, then it may again touchdown 214-218 and reverse from there.
For learning and education purpose only!
PNB HOUSING - Swing Trade Analysis - 26th May #stocksPNB HOUSING (1W TF) - Swing Trade Analysis given on 26th May, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Trendline Support with Strong Pullback Candle - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
INOX WIND - TRIANGLE PATTERNINOX WIND is making a Triangle Pattern at Daily chart. It is at Resistance level, if breaks then we may see 200 soon, moving above 9EMA.
Scenario 2: If it comes down then it will take support at 150 and from there we may see reversal towards 200.
For learning and educational purpose only.
RPTECH a IPO stock's results out, what next for the stock?Results:
Decent comeback quarter with solid revenue growth which reflects well with EBITDA n PAT growing at better pace
Rev at 3002cr vs 2258cr
PBT at 45cr vs 37cr, Q3 at 33cr
PAT at 47cr vs 23cr, Q3 at 24cr
Includes 10cr one off income
OCF at -102cr vs -114cr
TA:
-Check vol on falls(red arrows) how it is decreasing means supply drying out
-DTL BO (Down Trendline Breakout) anticipation
-VCP in play
Buying area above Pivt Point (PP: least area of resistance) 336.8 (Cheat entry) with anticipation of BO.
