Tata chemicals has formed a beautiful symmetrical triangle pattern and requires traders to trade the range, buying at the lower trend line and selling at the higher. It has also formed a golden cross- When 50EMA passes 200EMA from below showing bullish nature. A break of the lower trend line will see an end to the trade, making it a risky one.. Hence we should...
In the Weekly Chart of TATACHEM , we can see that; it has given strong Triangle breakout. Enter on retest at 1025-1030 levels with SL as 975 and target as 1200.
we can see 200 dma is acting as resistance once close above 200 dma will act as support disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
ABFRL | Triangle breakout in 4H time frame - One more good place to average. CMP : 223 SL : 210 Target : 260
The chart is self-explanatory. upside potential > 10% TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Abbot India looks good on weekly chart by breaking a falling trendline resistance and gives a clean breakout (Triangle Breakout) on above that trendline with good volumes gives a breakout of Bollinger band indicator too so we can see bullish trend will continue in it for the target of 23988. CAUSE OF LONG-: 1- Falling trendline breakout 2- Bollinger band...
Castrol has been in a continuous downtrend since 2015 and has bottomed out at 100. The triangle pattern is clearly broken in this weekly chart and is ready to give out huge targets. Any dip towards 125 - 127 can be bought in with T1 - 152 and T2 at ~ 180 levels giving a risk reward of 1:4. SL to be maintained at closing below 110 on weekly charts. MACD and ADX...
NTPC Ascending Triangle formation on daily timeframe. Good setup for swing trade, wait for clear breakout and keep stoploss 171 (CB). Entry: After breakout of pattern Stoploss: 171 (CLOSING BASIS) Target: 1:2 CMP: 182.05
Ambuja Cement Ltd Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Descending triangle Pattern . ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 430+. ✅Can Go short in this stock by placing a stop loss below 415-.
I daily make educational content videos for swing / positional trading
Presently it is trading in a tight range close to the triangle pattern, as you can see on the daily time frame chart. As soon as, the price breaks from the buildup range and the triangle pattern, one can go long in Indiabulls real estate.
DLF:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
Triangle pattern breakout with good support from 50 MA
MARUTI is on the verge of breaking out of symmetrical triangle pattern on an hourly chart with good volumes with very good risk:reward ratio. Could be bought above 9775 with mentioned stoploss & target.
Tatasteel has formed a triangle pattern and in consolidation since August 2021 as seen in this weekly chart. Move up to 129,136 Support 110-112
You can buy Infosys for short term with small Stoploss and big target, Infosys made Symmetrical pattern yesterday and stand at it's breakout today. Buying : 1348 Stoploss : 1342 Target : 1372
buy tata steel at current levels of Rs. 115-118 The logic behind the trade: • tata steel was forming a triangle pattern which is visible in the chart attached below. the structure started to form in mid-august of 2021. (Reason - increase in coal price and increase in taxes) • Since then, the stock formed lower highs and lower lows (bearish trend) on a higher...
Abbott India which was trading in the triangle formation has broken out with upper side momentum. One can go long on this stock with target of 23800 in coming months