RSI + volume + pattern breakout! Multiple confirmations for Zodiac clothing!
Strong Resistance @ 129, Confirmation @ 132, First Target= 146
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
ascending triangle breakout it will be massive and hope it will break this green TL in this week only
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
Positional Trade: 20 Microns breaks above a descending trend line. Buy: #20Microns Last Close: 65.80 Stop Loss: 61
From a massive fall in February 2020 from 1340 to a low of 235 it has gradually moved up in the process making a Triangle Pattern and has been faithfully following the Support Trend line and has not troubled the Resistance Trend line much until now.It did make an unsuccessful attempt to break the resistance Trend line in Feb 2021 and immediately tested the Support...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
Manappuram Finance has broken the Long Term Trend Line and has also retraced. It is making bullish moves with Higher Highs and Higher Lows for the past few sessions. The bottom Trend Line is also providing a good support to take the price higher towards ATH. There is also a strong resistance at 168-170 from where the price has been rejected a few of times. If...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
Sunpharma can shoot up with Pharmaceutical sector support Entry 665 Stoploss around 645 Target 705 and above R:R (1:1)
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
Buy Above 93.25 Targets :- 100 , 106 SL @ 86.20 ** Only for Educational Purposes PLEASE DO LIKE , COMMENT OUR POSTS .
NSE:RBLBANK 1 DAY TIME FRAME TRIANGLE PATTERN FOR SWING TRADE TARGET & STOP LOSS AS PER YOUR RISK THIS IS ONLY FOR EDUCATIONAL PURPOSES.
As we can see its taking strong support at 44Ema and at fib retracement 0.382 and forming a symmetrical triangle we can see upward move till 274 -275 and can go all time high , can take position at this level i.e 265 with target of 275+ .
Risk : Reward is 1.5 and the company is fundamentally good. So jump in !! Long term pick for me.