Triangle
IDFCFIRSTB | Short Term Buy | Symmetrical triangle IDFCFIRSTB has been consolidating from sometime and it formed a symmetrical triangle.
1. Buy only above 89
2. Stop loss - 83
3. Target - 98
Disclaimer : I am not a SEBI registered and this is just my analysis and sharing for education only. Do trade or invest at your own risk. I am not responsible for any profits/losses. I would suggest do your own research/consider your financial advisor before any trade/investment decision.
BATAINDIANSE:BATAINDIA
Date : 19/12/2023
Chart Pattern : Symetrical Triangle Breakout.
Time Frame : Weekly Chart
CMP : 1674
Targets : 2295 (12 Months)
Stop Loss Level : Closing Below 1530
FII/FPI have increased holdings from 6.63% to 7.51%.
Disclaimer.
I am not sebi registered analyst.
Charts and levels are posted for Educational Purpose only it's not Recommendation. Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Hdfc bank chart studyHdfc bank spot at 1720
Weekly time frame
Symmetrical triangle pattern
Horizontal resistance as per previous life high reversal levels,
over here life high levels would play an important role,
going ahead keep watch on daily price action, if not able to break above life high levels and sustain counter can give good retracement, of 5-7-10%
counter have already give good rally from 1460 to 1720 levels around 20%
keep watch, above life high levels if we see consecutive close than the view gets invalid and below that we can play it accordingly
Accumulate IRCTC target 1900+ Long termIRCTC after initial rally has been trading in a very congested channel from last 2 years.
The support has been maintained at 547 and trading in a channel making higher lows.
Once the breakout happens from consolidation then in 1-2 years you can see a target of 1900+
Stop Loss on monthly closing basis can be maintained at 545
All intermediate target are listed on the charts. for sure it will take out the lifetime high made previously.
MANAKSKIA STEELS LTD - Triangle Pattern & Previous ATH BreakoutMANAKSTEEL
1) Time Frame - Weekly.
2) Previous Life Time High was 64. It has been consolidating in a triangle pattern since 2022 & given a breakout in weekly time frame currently.
3) It's a Triangle pattern & All Time High breakout with strong bullish candle & Good volume.
4) Stock will find its next resistance around the price 80 (17%).
5) Recommendation - Strong Buy
SWSOLAR - SWING TRADE - 11th January #stocksSWSOLAR (1D TF)
Swing Trade Analysis given on 11th Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Buildup at Resistance - Done ✓
- Shakeout to Lower Trendline & Pullback - Done ✓
- Breakout of Resistance - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #swsolar
BREAKOUT IN PSB 📌SWING TRADE FOR NEXT WEEK🚀
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📌TRADE ANALYSIS OF PSB
•Breakout of symetrical pattern on DTF with strong candle
•Break counter trend lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN RAMA STEEL📌SWING TRADE FOR NEXT WEEK🚀
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I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF CYIENT DLM :-
•Breakout of symetrical pattern on DTF
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN NICAL 📌SWING TRADE FOR NEXT WEEK🚀
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I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF MIDHANI :-
•Breakout of symetrical pattern on DTF with strong candle
•Break counter trend line
•Volume increases last few days high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
IRCTC AFTER A LONGTIMEIRCTC clear decending triangle in big timeframe
breakout of longtime supplyzone
it will be a good buy at cmp 662 to 660
with sl mark on chart
TARGET area defined on chart
very good risk reward
disclaimer:
i am not a sebi registered.
trade on your analysis
i shared for my learning perpose
comments and like welcome
if you have any doupt or i may be wrong so plss guide me for better understanding and learning
PNBHOUSING - Swing Trade - 16th January #stocksPNBHOUSING (1D TF) - Swing Trade Analysis given on 16th Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #PNBHOUSING
HAPPIEST MINDS - SHORT TERM TRADE - 14th January #stocksHAPPIEST MINDS (1W TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Upper Trendline Resistance Breakout - Done ✓
- Retest & Consolidation - Done ✓
- Pullback Candle - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #happiestminds
BREAKOUT IN MIDHANI 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF MIDHANI :-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Bullish symmetrical continuation triangle pattern formationBullish symmetrical continuation triangle pattern has been formed in daily chart of Sterling Tools . This pattern is characterized by converging trendlines, lower highs, and higher lows. It typically occurs during a consolidation period when the market is uncertain about its direction.
Here's a breakdown of the pattern:
Converging Trendlines: The pattern consists of two trendlines that converge, forming a triangle shape. The upper trendline connects the lower highs, while the lower trendline connects the higher lows. As time progresses, the price range between the trendlines narrows.
Decreasing Volume: During the formation of the pattern, trading volume tends to diminish. This decrease in volume reflects the market's uncertainty and lack of conviction regarding the future price direction.
Breakout and Confirmation: Before the triangle reaches its apex (the point where the trendlines converge), there is a breakout above the upper trendline. This breakout is accompanied by a noticeable increase in trading volume, which serves as confirmation of the pattern. The breakout and increased volume suggest a continuation of the prior uptrend.
Based on the daily chart analysis, it appears that the price has broken upward out of the consolidation period, indicating a continuation of the prior uptrend.
Traders and analysts who recognize this pattern may interpret it as a bullish signal, suggesting that the price is likely to move higher.
However, it's important to note that patterns alone cannot guarantee future price movements, and other factors should be considered in conjunction with the pattern analysis.
Note for everyone who came across this reference:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
SHRADHA Infra Projects ready for Rally?High Risky Circuit Stock be careful with allocation of capital while trading this.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgment while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
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-I may or may not trade this analysis
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Triangle Pattern Breakout - AHLPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.