Adani Wilmar Ltd 782 dated 21-9-2022 HUGE VOLUME BOAdani Wilmar Ltd 782 dated 21-9-2022
1. Ascending Triangle pattern BO @ 770
2. Volume Rise
3. RSI BO
Buy for a target of 805-830-875 SL 735
Pattern Target 1000 SL 700
Disclaimer :
I am not a Sebi registered Analyst so please do
your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses
amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Triangle
Dr Lal Path Lab Cmp 2333 dated 20-9-2022 BUY@SUPPORTDr Lal Path Lab Cmp 2333 dated 20-9-2022
1. Trendline Support taken & reversed.
2. RSI Reversal
3. Triangle Formation
Buy @ Cmp for target 2365-2450-2550 SL 2250
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Hindalco Cmp 412 dated 19-9-2022Hindalco Cmp 412 dated 19-9-2022
1. Triangle Pattern formation
Breakdown below 405
Sell below 405 for target 395-385-378-365 SL 425
Buy trade considering taking support @ trendline.
Buy @ Cmp for 425-440-445-450 SL 400
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
KPIT TECH CMP 573 DATED 9-9-2022KPIT TECH CMP 573 DATED 9-9-2022
1. Ascending Triangle Formation
2. Volume Rise
Buy @ Cmp for tgt 595-615-635-660-700-750 SL 525
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action, The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Symmetrical TriangleA symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
How to identify a Symmetrical Triangle correctly
1.The sides of the triangle slope equally (that's why it's symmetrical)
2.The triangle has lower highs AND higher lows – at least two of each.
3.It looks like a funnel, with the price “squeezing” from the left towards the right.