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Triangle

AARVEEDEN: HORIZONTAL RESISTANCE BREAKOUT NSE:AARVEEDEN Aarvee Denims & Exports Ltd. engages in the manufacture and sale of denim and non-denim Fabrics. It operates through Textile and Windmill segments. The company was founded on March 28, 1988, and is headquartered in Ahmedabad, India. Technical View Trading in a tight trading range on the weekly chart. and Also above - 200 ema Formed a horizontal resistance point at 33.50 Go long above resistance with a Stop of 15 Targets Shall be 40-62-78+ Keep Learning, Happy Trading.
NSE:AARVEEDENLong
by SANJAYPATIDAR_
5
CMSINFO | Weekly Chart | Ascending triangle patternChart analysis: Pattern: Ascending triangle pattern is formed when the consolidation takes place. The pattern is formed from more than 6 months candles indicating strong pattern formation and after BO the trend continues. Pullback: Pullback of last rally is between 0.382 and 0.5 which indicates the momentum is still present. Volume: Volume dry up happening, confirming the consolidation phase. Conclusion: Wait for the Ascending triangle BO supported by volume spike. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:CMSINFO
by SanjogY
MATIC in Descending tringle pattern: 1 Day ChartHello Everyone; This time I am sharing my recent analysis on MATIC. i am following MATIC from a long time and also doing intra day trading in it until I was trapped by buyers. Yes, I am still in a short trade with almost -110% ROI. waiting for MATIC to come and test 0.72 area which is a strong support. But, as you can see in the chart, BINANCE:MATICUSDT 1D. It is trading in a descending triangle pattern which shows a down trend for MATIC. If this triangle break out in down direction, I have marked my support zone for re entry to get LONG position. Right now I am just holding my wrong trade and waiting. always use stop loss and safe your fund. last time i was really very optimistic for down trend and BOOMM!!! have a safe trading.
M
by Mr_Mainra
review of idfc first bank NSE:IDFCFIRSTB the stock has given us a good return. But looking at the price action, it seems that a correction may come. 1. There is a demand zone from 80 to 75, but it does not seem very strong. 2. It seems to me that the price will react again near the zone of 75 and give an upward momentum. 3. There is a strong demand zone near 50 which will take the price to an all-time high again. Here we should book profits and wait for some correction. If you like the analysis, please follow and subscribe.
NSE:IDFCFIRSTB
by investingedge1s