ITC - Triangle pattern breakout expected.Price at the resistance formed a triangle pattern and it already breaks the pattern and reached the top of it. If price opens above the pattern high then it will move up further to reach the target.
Other wise in this analysis it is clearly explained about the previous trading opportunities.
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Trianglebreak
Triangle formation in IPCA LabsAfter immense selling pressure and lots of accumulation, IPCA lab is ready for a Bull run. It has formed a triangle breakout pattern on 30 min time frame and +.
Buying Area - 2200 And below
Target - 2400, 2400+
Checkpoint - Selling Zone/Reversal zone
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
Bank Nifty- Next Waves (Upside + Downside)- 1st Jan2021Happy, Healthy & Prosperous New Year2021
Last - 31235 / 15:23 Hrs/ 1st Jan2021
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Trading Strategies
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Plan A
Buy Close to 31200 (Stops - 31142)- Target 31400+
Plan B
Sell Later - Below 31500 (Strict Stops - 31500 & Above) Target 31000 / 30500
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Last Bank Nifty Video - Connecting Idea
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NESCO | Potential Triangle Breakout ExpectedNesco is making a Triangle pattern since 25th Aug on a One Day chart,
As shown in chart: The Green Flags are strong Resistance levels and the Red Arrows are strong Support levels.
NESCO is also in the ICHIMOKU cloud and a cloud breakout is expected in coming days, on breaking of cloud there is a strong chance of NESCO to break the Triangle and moving towards its Targets.
The initial Targets as per Fibonacci are 611.65, 625.70 & 645.85.
NSE:NESCO
Symmetric Triangle, Swing , CIPLAThe Triangle is broken along with resistance that tested multiple times and after consolidating for long time cipla can move up to create higher high. since current market is highly volatile and uncertain, and being a nifty stock it can take hit during a short time correction. so the either strict stop loss can be followed to avoid locking of capital or hold it for short time according to your risk capacity and trading style.
NB: this is not a stock recommendation, just sharing my view and chart analysis.