Trianglebreak
POWERGRID - IntradayMy hunch is the trade is going upside. However in a triangle anything is possible.
The Buy zones are mentioned in blue lines.
The stop loss levels get triggered only once the buy zones are triggered on closing basis of a 5min candle.
***** Risk management is very important. DON'T LOSE MONEY.
TRAIL THE STOPLOSS AS THE PRICE MOVES HIGHER/LOWER.
Apollo Sindoori Hotels Limited (APOLSINHOT) Triangle breakoutApollo Sindoori Hotels Limited is continuosly following triangle breakout pattern and also giving respect to support zone between 770-790 , good consolidation can be seen in the chart , indicators looks good too, bouncing from the support and can be buy with good RR ratio.
Buy Above 820(for Risky Traders) 844 (for Safe Players)
Stop-Loss 820
Targets are marked with orange Horizontal line
MAHINDRA & MAHINDRA
Buy at Market or Buy Stop Order
Target:- 1007
Stop Loss:- 780
Duration:- 9 to 12 Weeks
The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also a descending triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.