Don't be aggressive
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if there is possibility for bullish--
entry: 44070
target-44290-44350--44450
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If down trend starts
entry:43600
t1-43400--t2-43100
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possibility for stoploss hunting will be there.
Don't trade in "no trade zone"
Trade carefully.
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after breaking green box mentioned,
trend will be confirmed.
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refer old ideas.
#banknifty 15 min chart : confluence of poc and triangle support near 44000-44100 given good trading opportunity to buy on dip.
now upside gap near 44440
till it is above 44000 and poc (power of control)44100 .. it is in favor of bulls
buy on dip mode
note: above info is for educational purpose.
market is subject to risk.
DEEPAKNTR fut is about to break above triangle pattern on WEEKLY charts with OI building gradually.
Could buy above 2099 with mentioned stoploss & targets.
Not to be missed breakout for bigger targets with very good Risk:Reward Ratio.
The stock has been corrected more than 60% since listing.
💠 After digesting listing move, the stock formed triangle pattern( consolidation zone) on daily TF and broke it out successfully.
💠 Apart from the technicals, the company performed better than expected in its recent quaterly results declared on 24 may.
💠 Fresh long positions can be initiated here around...
BUY - SAURASHTRA CEMENT LTD
CMP - Rs. 63
Target - 1: Rs. 82
Target - 2: Rs. 97
Target - 3: Rs. 130
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Technicals - Triangle BO
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
1. Low risk and very high reward
2. Patience will be tested to get such kind of targets
3.Follow SL on weekly closing basis, since its aggressive SL
4. 1:11.95 RR trade
Nifty 50 Daily Analysis!
Trinagle Pattern formation in Nifty50!
Triangle Pattern Breakout in Nifty50!
Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look.
Entry = Depends...
The stock of Poonawala fincorp has been consolidating in an ascending triangle pattern since end of 2021.
Currently, the stock is trading above its previous all time high of around 343.8
Buying at the top is always risky so keep this stock in watchlist and enter at a retest of 320 levels or as per your own risk reward.
Idea is shared for educational purposes.
Taken Swing Trade on Triangle Pattern Breakout.
First Target 3% based on the body of the Triangle pattern and 2nd Target 6 % based on 1:2 Risk Reward Ratio.
Follow me for real-time updates and progress on the Trade Ideas
entry: 43500
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if there is possibility for bullish--
target- 43750
.
If down trend starts
t1-43300--t2-43150
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after breaking yellow box mentioned
trend will be confirmed.
