In the Weekly Chart of SYMPHONY , we can see that; it has given a strong come from bottom by Rising start Candle pattern. let it form a retest candle then enter with SL and Go Long.
In the Weekly Chart of DRREDDY , we can see that; after failure, it is coming up strongly. Let it retest as shown in chart then enter with SL and Go Long.
*Stock at All time high. *Ascending Triangle Breakout in weekly *Wait for retest of breakout support to confirm genuine breakout. *RSI divergence in daily and monthly indicates loss of bull momentum. *Bears may take control soon. *Opportunity for Selling options(Call Strangles). (Neutral to Bearish View for this week).
SELAN is looking good for break out. The break out will happen anytime. Nice chart pattern
Bullish view with chart pattern, and It is looking high probability
I daily make educational content videos for swing / positional trading
Don't be aggressive . if there is possibility for bullish-- entry: 44070 target-44290-44350--44450 . If down trend starts entry:43600 t1-43400--t2-43100 . possibility for stoploss hunting will be there. Don't trade in "no trade zone" Trade carefully. . after breaking green box mentioned, trend will be confirmed. . . refer old ideas.
Icicibank 1htf Beautiful pattern Stock is at resistance Wait for breakout
This trading idea is for 8-6-23. nifty bank is in a picture perfect condition and is ready for a breakout. An ascending triangle pattern is clearly visible and a breakout seems evident. TP 1 - 44496 TP 2 - 44953.80 TP 2 can only be achieved if breakout is very strong. Some profit booking at TP 1 can be expected too.
Tata steel is trading in a narrow range. Symmetrical triangle chart pattern found in weekly candlesticks chart Low volumes indicates accumulation phase before breakout
I daily make educational content videos for swing / positional trading
GIC is going to be a breakout soon, strong momentum with good price action and structure. new highs can be made after the breakout of marked level.
Dhampur Sugar Mill is attempting Breakout from Triangle pattern on 1D timeframe on higher volume. Wait for closing of candle. Enter after bullish confirmation.
SAIL has broken its upper trend line in the triangle pattern. My first target will be 89 and my second target will be 94. Sharing this chart only for educational purpose.
SJVN - Looks like it give breakout breakout anytime in upper side. Can capture 5-10% movement in the short term
KESORAMIND - Looking good for break out any time. Can capture 10% move shortly- Looking good for break out any time. Can capture 10% move shortly
JUBFOOD FUT broke above ascending triangle patter on an hourly chart with decent OI. Could be bought with mentioned stoploss & target.