Trianglebreak
Symmetrical triangle breakout in FSLSymmetrical triangle breakout with good volume also retracement from fib level 0.618 (weekly time frame)
TATASTEEL Ascending triangle !!NSE:TATASTEEL
#NSE:TATASTEEL formed beautiful ascending triangle.
Trading @ resistance level, tested twice.
Good for short to medium.
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.
triangular pattern breakout **Trade update
**After a long time period (almost one year) gave breakout.
** Triangular pattern with 4 touches on lower side( support zone) and 6 touches on counter trendline ( more the touches, breakout will sustain)
**This is a circuit script so the big targets can be possible in least time.
**Target 1st & 2nd all done .
** Do more practise and backtest the patterns as much as possible
** Happy Trading
Raymond - Swing tradeRaymond - Swing trade
Stock has been consolidating since quite sometime.
BUY @ 973
SL 933 (DCB)
TGT 1027/1080/1125
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.
Target 1 and 2 achieved in Colagte | 5.5% MoverThis idea is a follow-up to Colgate.
You can check the Link to Related Ideas ( Detailed analysis done in 22nd Aug Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
ICIL | Simple triangle breakout - Looks potential for 20-40%ICIL | Simple triangle breakout - Looks potential for 20-40%
CMP : 156
SL : 145
Target : 188, 220
1:3 risk reward setup for first target
IIFL SECURITIES - LongGood volumes have been traded in past two weeks. Stock near potential breakout zone. One can accumulate in tranches.
TTKPRESTIG @ Resistance Level !!NSE:TTKPRESTIG
#NSE:TTKPRESTIG retested and consolidated near resistance and now BO.
Also formed ascending triangle.
Sustaining above the level may show very good upside momentum.
T: 950/990+
Only for Practice.
AJANTPHARM Ascending triangle BO !!NSE:AJANTPHARM
#NSE:AJANTPHARM formed Ascending Triangle and got rejected twice by resistance.
Levels marked on chart for referrance.
TATACONSUMERDescription:
Stockname :TATACONSUM
Chart Pattern : Uptrend triangle pattern
Time Frame :1D
Entry : Trainagle Breakout
Target: T1 :900 T2 : 982
2 Amazing swing trades and Index Ideas for 22 AugI daily make educational content videos for financial markets
BSOFT Triangle !!NSE:BSOFT
#NSE:BSOFT symmentrical triangle ready to BO.
Marked on chart.
Do check my signature column for my details.
#BEL #trianglebreak #LONG (BUY)In BHARAT ELECTRONICS LTD (BEL) a perfect triangle is formed and it is breaked today we can go #Long (buy)..
ZYDUSLIFE T3 Updated !!NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE T3 Updated, shared @ 367 and now reached T2 @ 399 which is exactly 9% from the level.
400 CE given @ 1.7 and now trading @ 8.25 means bagged 12k/Lot.
Now stock trading in supply zone and chances to retrace immediately or from T3.
Don’t forget to trail your profits.
ZYDUSLIFE 7.5% till now, T2 Updated !!NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE shared on 11th with levels, stock successfully achieved T1 and running with 7.5% profits....
T2 updated now.
Wish everyone bagged handsome profits, Don't forget to trail ur profits !!
INDOBORAX | Simple triangle breakout - Looks potential for 25%INDOBORAX | Simple triangle breakout - Looks potential for 25%
CMP : 138 (Dip : 130)
SL : 115
Target : 175
1:4 risk reward setup
GLENMARK - Chance for Triangle Breakout Glenmark Pharma is showing a Symmetrical triangle pattern in the daily time frame and there is a chance for make or break in the upcoming days.
Look out for Volume breakout !!!
Buy Price: Above 406.5
Stop Loss: Below 358
Target 1: Above 448
Target 2: Above 491
Down Trend is also possible due to weak earnings !!!
Sell the stock if it breaches the stop loss value.
triangular pattern breakout headed towards All time highThis breakout is similar to NSE:DEVYANI .
In Devyani Int. Ltd. pattern is similar but having more data.
.What did happen to Devyani Int. ltd.?
Devyani moved to "All time high resistance'' & hold the upper level then breakout with engulf candle.
So, high probability is that it may behave the same.
13% away from all time high (we should capture this move)
Only one target= All time high
"Happy Swing Trading"
