In the Weekly Chart of GUJGASLTD , we can see that; it is shrinking inside a Symmetrical Triangle. It has made a Big Decision making candle . Enter on breaking its High with low as SL.
DR REDDYS LABS making a symmetrical triangle breakout and may give a profit of 12% and above. One can wait for Volume as well as weekly closing on chart CMP : 4650 TG : 5200 SL : Below 20 EMA Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
Scrip has been strong entire week post range breakout ...possible move to 380 ++ levels.
PI Industries NEXT SET up - breakout look interesting for breakout at current triangle cmp 3612 follow up action will there for 3700 range will be activated
Bank of Baroda has formed Ascending triangle pattern on Weekly time frame, it has broken out of the pattern on daily TF but needs to close above the resistance level on weekly TF for fresh trade. Entry: Breakout of structure (weekly closing basis) SL: (For aggressive traders)-170 (For safe traders)-150 RR: MINIMUM 1:2 Let the weekly close happen first before...
Symmetrical Triangle is witnessed with the price taking support at the edge of the triangle. Expecting a good move here since the MACD is also well poised to explode.
HS pattern and Possible Support breaks to cover previous unfilled gaps: PARADEEP Short(Sell) below 57.7 SL above 60 Targets: 55.25, 54.5, 53.2-- ***Educational Purpose only***
Ascending Channel BO and Triangle BO ENGINERSIN Buy above 121.5 SL below 114.5 Targets: 128, 131, 135 + ***Educational Purpose only***
Mid to Long Term Parallel Channel BO Triangle BO with high Volumes. VIDHIING Buy above 393 SL below 380 Targets 404, 433, 459, 475, 495 + ***Educational Purpose Only***
As shown in the chart drawing study I predict my study to be right in future Disclaimer - This is not a Stock recommendation. Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates, or any other reason. It's an educational post for analyzing, learning &...
Stock has broken it's resistance line. Can touch previous resistance zone 10% upside possibility.
Pattern : Triangle Range : Medium Buy Above : 45240 Stop Loss : 45160 Targets : 44320, 44400, 44480 and 45560. Sell below : 45000 Stop Loss : 45080 Targets : 44920, 44840 and 44720. Expected expiry day range is 44800 to 45400. Hit the like button to rock !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
VOLTAS broke out of ascending triangle pattern on hourly TF with decent OI build up. Could be bought with mentioned stoploss & target.
RCF Cmp 116.25 dated 5-7-2023 1. Ascending Triangle BO @ 117 2. RSI Divergence 3. Higher Lows 4. Volume BO Buy above 117.50 target 125-130-135-140 SL 108 It is just a view, please trade at your own risk.
NSE:BANKNIFTY can go downside tomorrow 6 July 2023 let's see
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Technical analysis pattern known as a "Bottom Triangle" has been formed within calculated geometrical angles. This pattern typically indicates a potential bullish reversal in the market after a period of consolidation or uncertainty. Here's a breakdown of the key characteristics: Converging trendlines: The Bottom Triangle pattern consists of two trendlines, one...
A bullish Flag and Pole B/O has been seen on the weekly chart of BSE:ZFSTEERING It is als consolidation within the Ascending Triangale also. As per the current breakout structure of flag and p [ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending...