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Trianglebreak

Siyaram Silk Double Head and shoulder - Asymmetric Triangle.NSE:SIYSIL View : Bullish for Short -Medium - long term. Observation: Head and Shoulder Pattern Completion with neckline 456.00. Breakout Level Necklne of Inverted Head and Shoulder : 446.00 After breakout level tested multiple time and this week the chart broken important trendline. Green trendline will act as Support till 390.00 CMP 28 January 2022 (Friday) = 444.35 Buy : or > = 445 or As soon as Assymetric Trinagle (Pennant) Breakour Upside Stop loss For long term : Not more than 4% (Not less than 396). Target for short term : 455-460-480-490 Target for medium term : 455-480-500-560 Target for Long term : 456-500-600-626-650-698-750 ++++
NSE:SIYSILLong
by FalgunPrajapatiTrading
MAPMYINDIA is nearing triangle breakoutNSE:MAPMYINDIA is nearing triangle breakout Entry : Wait for breakout with volume above average and then take position Exit : When the setup is invalidated by false breakout Target : T1 1500 T2 1650 T3 1800, giving around 11% 22% 33% returns from current price of 1345.95. Follow trailing stoploss as T1 while waiting for T2, etc. Smallcap IT related company with strong fundamentals & financials. Income statement is good, debt to asset ratio is low (which is good), PE ratio is high to the sector, but fine compared to few peer. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call.
NSE:MAPMYINDIA
by samplespaz
BULLISH on SBINNSE:SBIN The prices have given the breakout from the flag pattern on the 4 hour charts. Previously the stock gave the breakout from a triangle pattern and after that now made a flag and gave a breakout. The prices are above the moving averages which shows bullishness. The MACD has turned bullish. The RSI is above 50 which shows good momentum. The view is for upto 2 months duration. The Target and SL is on the charts. Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
NSE:SBINLong
by Kunal-Battu