Symmetric Triangle on Axis Bank. NOTE: if RBI policy on positive then go long otherwise false break-out may happen. Trade Buy above - 488.50 Target 1 - 491.50 Target 2 - 493.50
Symmetric Triangle on Coal India Trade Buy above - 318 Target - 320.60 Stoploss - 316
Symmetrical Triangle formation on CONCOR. Price may break on either side. Wait for price to break out from triangle to enter into the trade.
Price broke and closed above symmetrical triangle. An opportunity for long entry. #Target 1: 425 #Target 2: 450 Happy Trading!!!
Price is about to breakout from an ascending triangle formed on Balaji Telefilms. Good opportunity for long entry. Enter only if price breaks out and closes above the triangle. #Target 1: 102 #Target 2: 112 Happy Trading!!!
Symmetrical Triangle pattern is formed on ONGC. Wait for price to break out from the triangle. If it breaks out upward, go long. In case of downward breakout, enter the short trade. Target in case of upward breakout: 217 Target in case of downward breakout: 188 Happy Trading!!!
Price is about to breakout from an ascending triangle formed on Reliance Industrial Infrastructure. Good opportunity for long entry. Enter only if price breaks out from the triangle. #Target 1: 440 #Target 2: 460 Happy Trading!!!
The stock moving vertically after giving the triangle breakout and formed a beautiful pole. The Flag pattern has given breakout with good volume after 5 days of consolidation. One can buy the stock for a target of above 75. One can even continue the stock as there is no resistance. Flags with upward breakouts do well at yearly high which is the case here.
Symmetric Triangle on SBI and it may break either side. one more formation called falling wedge ( combine with orange and top yellow line but it will break on top ( bullish). Moreover SBIN currently lying on Strong support and statement - MAKE or BREAK Levels for Long: (Make) Level 1 - 259 Level 2 - 265 Level 3 - 273 Levels for Short: (Break) Level 1 -...
Candlestick pattern, Chaikin Money flow and Williams %R suggests strong down move. Please trade with caution :D
NSE:ABAN CMP : 246.85 Here's the formation and levels, trade accordingly . Thanks.
Apollo Tyres may breakout from symmetrical triangle.
Dr Reddys Labs has formed a 'Descending triangle' and is hovering around support (2979.75). Can short it once breaks the support. Also, can see 'Head and Shoulders'. If it breaks from here, then 2925 looks feasible in few sessions.
Symmetric Triangle on Bajaj Auto and may break either side. Trade: Make Side: Buy above - 2788 Target - 2904 Stop loss - 2685 Break Side: Short below - 2550 Target - 2396 Stop loss - 2615
It is been observed on the hourly chart that the price action breaks above the symmetrical triangle indicating a further move up. Target: 336 Target: 340 Stoploss: 328
Top Point Date 06/01/2017:14/12/2016:24/10/2016: Bottom Point Dates : 26/12/2016:21/11/2016
Symmetrical Triangle Pattern on Grasim Industries in a downtrend. I will expect a breakout towards downside.
Once Again Symmetric Triangle on LICHSGFIN and may break either way... Levels for Make: Level 1 - 546 Level 2 - 561 Level 3 - 576 Level 4 - 593 Levels for Break: Level 1 - 517 Level 2 - 505 Level 3 - 492 Level 4 - 470 "Happy Trading"