Deepak Nitrate Cmp 1802 dated 20-3-2023 1. Triangle Formation 2. Taking Support @ trendline & reversed 3. Making higher lows. Buy above 1806 for target 1825-1840-1855-1865 1890-1905 SL 1770 It is just a view, please trade at your own risk.
NBCC at support level on daily time frame with symmetrical triangle, one can buy half at current price and average it at 33 with strict SL @30.15 on daily time frame closing basis. TGT1 : 36.20 TGT2 : 38.60. For breakout traders, wait for the price to close above 41 on a daily basis. Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
Symmetrical triangle pattern structure formed and trend line support level breakout, it's time to sell opportunity
Price is consolidating in a symmetriacal triangle. Buy above 17120 with the stop loss of 17080 for the targets 17160, 17220, 17280 and 17340. Sell below 16980 with the stop loss of 17020 for the targets 16940, 16900, 16840 and 16760.
Syngene International Cmp 578 dated 17-3-2023 1. Triangle Formation 2. Breakdown below 575 3. RSI breakdown Sell below 575 for target 565-555-545-535 SL 595 It is just a view, please trade at your own risk.
BUY - SUNFLAG IRON & STEEL CMP - Rs. 149 Target - 1: Rs. 170 Target - 2: Rs. 210 . . Technicals - Price Volume Breakout accompanied by Ascending Triangle Breakout . . Follow me for more!
Not sure if it is called retesting, Please comment if anybody has idea to understand price action in coming days. I think we can go long above 2875 price with a stop loss at 2830 levels.
Cholamandalam Invt Cmp 762 dated 18-3-2023 1. Traingle Pattern Formation 2. BO above 768 3. RSI already had BO Buy above 768 for target 775-785-800-810-835 SL 750 It is just a view, please trade at your own risk.
Nifty Option Trading Strategy for Monday One Hour Nifty50 Chart Analysis For Nifty Monday Prediction with key Support & Resistance ...
Jindal Drilling & Industry Triangle pattern Breakout Entry @ 288 SL @ 270 Target: 350 ROI: 20%
Technically it is forming a lower high lower low structure which indicates that the stock is in downtrend and with this it is also facing a downward resistance trendline and this can be seen when the inverse head and shoulder formation was formed and it failed to break through the trendline and thus eventually created a false breakout. Thereafter we can see an...
BUY - INDRAPRASTHA GAS LIMITED CMP - Rs. 431 Target - 1: Rs. 511 Target - 2: Rs. 580 . . . Technicals - Harmonic Patterns Ascending Triangles . . . Targets have been set using previous resistance zones. . Follow me for more! . . . This chart is for educational purposes only.
Gold creating symmetrical triangle pattern. Gold seems more bullish if it closes above 1935 levels. One can take an entry in gold above 1935 with SL of 1932 and target 1938 - 1941 - 1945 - 1949.
BUY - INDIAN ENERGY EXCHANGE CMP - Rs. 152 Target - 1: Rs. 172 Target - 2: Rs. 196 Target - 3: Rs. 246 Target - 4: Rs. 301 . . . Technicals - Ascending Triangle - Chart Pattern Bullish Harmonic Pattern . . Follow me for more! . . . This post is for educational purposes only. Invest at your own risk.
In the past times, USDINR is trying to hold its level and now we can see more rise above the levels Characteristics of Triangle pattern A pattern that has the following characteristics is more effective. + Before breaking out, prices need to touch both resistance and support levels at least twice each for the pattern to take effect. + This pattern gives a...
Powergrid triangular breakout confirmation. Can easiy touch 236,240,245,255 in coming weeks.
Apollopipes is looking strong for a breakout even in this bear market. We can see around 10% move when breakout of triangle pattern is completed and sustained. Buying at resistance can be risky, especially in such market.
This 1-hour chart of Zomato shows a symmetrical triangle, which favors the bullish side. In my opinion the price will be constrained in the triangle for some time to come. The better it takes time to complete the triangle, the better will be the breakout. Once it breaks out from this pattern it could go up to 59.35 or 7.11% of up move, but before reaching that...