Zeel is making an ascending triangle like pattern, with long wicks on the flat top edge reflecting the immediate rejection of price.
TATAELXSI is moving around a two month long neckline, is back in the breakout/reversal zone of the neckline. ALso its making a triangle.
BHARATFIN completed the head & shoudlers and is testing the neckline, in a triangle
Hindalco approaching the triangle edge, for a breakout or another leg down.
in weekly, price is moving sideways, it looks like a symmetrical triangle. price recently bounced from the trend line support with good volume, in daily , there is a symmetrical triangle formation and then break out with good volume. there was a BB squeeze , now price closed above upper BB with good volume and BB is now expanding. sl - 260, 1st tgt -...
Long Trend line on Petronet LNG and whether it will Make or Break ? Trade Levels are mentioned on Chart.
Wanted to call it as a Flag or Peanut, but finally settling down with Descending triangle, Levels at chart follow
TataMotors Ltd. Outlook: A clear sell signal after long period symmetrical triangle breakout around 427 level initial target around 380 level and stop 433 level.
Levels are in chart. Wait and watch. I can see a channel inside. This time again same setup but waiting for upside break. Check the last post broken so took support at channel bottom. Happy Trading.
Ascending Triangle formation on UBL and it will break upside. Trade levels are mentioned on chart.
Well we don't have any confirmation yet but it looks USDINR has traced 5 wave impulsive sequence from double top@69.05 to 63.56 & Nifty touched 10138. Beauty is that now people talk about geo political tension between North Korea & U.S. - will that be the reason for market melt down or waves were indicating same. I have no idea & so cannot predict where markets...
Forming Ascending Triangle, MACD crossover above "Zero" Line. Wait and enter on breakout
NTPC price action has given a triangle breakout add near 162/167 for target 177+ stop loss below 158
Symmetric Triangle pattern formation on Nifty 1hr chart and as per pattern, may break either side. Trade Levels Long = 10075 is trigger price and Targets are 10098 / 10126 Short = 10010 is trigger price and Targets are 9981 / 9957 Note: Sideway may happen.
It is in symmetric triangle but price action and indicators have a negative bias. Could go short on break of yesterday's low. Everything else in chart.
Bharatforge is in the Breakout / Reversal Zone. Moving in a channel for almost an year, had a great leg up from 720 to 1220 approaching /retesting another channel sup/ res orange band for a breakout/ reversal. It can make a leg down inthe triangle before breakout on the upside.
symmetrical triangle is forming in daily time frame. look for a breakout. we ll discuss on sl and tgt post breakout.
Symmetric Triangle on Bharti Airtel and it may break either side but on this chart trend showing strength on bearish. So, the levels are mentioned accordingly. Trade: Short below - 413 Target 1 - 406 Target 2 - 400 Stop loss - 420