Axis bank - Triangle breakout - long tradeAxis bank - on verge of triangle breakout - wait for breakout with volumes
Current Price - 615.5
Entry - Above 618.5
stop loss - 602.5
Target 1 -639, Target 2 - 664
Trianglebreak
LT Foods (DAAWAT), breakout on the cards. Upside 50%LT Foods has give a shallow correction after a good upmove with volumes.
Now is has broken the the pullback trendline with increased volumes.
Entry: 60
Target: 90 - 100
Stoploss : 48-50
Timeframe:
MPHASIS getting ready for Triangle pattern BONSE:MPHASIS Can look for trade after triangle pattern breakout... Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. To learn more about patterns and trading... contact us.. Thanks..
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Note: Reposting since my earlier post is hidden due to contact info added in wrong area.
Relaxo treandline breakout and retest.Relaxo has given a good triangle pattern breakout in the weekly chart (CMP 737.6). There's also support from another trendline. Looks good for long. Can also retest all-time high of 829 (+12.4% from LTP)
Bajaj Consumer Trading Idea
Breakout from ascending triangle. About 7x volumes on breakout. Stock has had good delivery volumes as well.
Enter above 200
T1 : 218.5
T2 : 238
SL : 185
Not a very exciting risk-reward ratio but given the clear breakout with good delivery volumes as well as a moving average golden cross, I believe it is a good trade.
Thanks!
HindPetro Harmonic Triangular Pattern The chart Explains that it is bullish is it crosses 219 level and buy entry activates..
the trade management can done like one can start selling 263/293/311/332/382 and 445 level
SL will be 202.
If the Script comes down then sell below 202 with a SL 219 and target of 131
Also note this an undervalued script and high chance to perform from this point.
KHADIM (1D) SELL KHADIM (1D) Triangle pattern breakout (selling)
set stop loss according to the pattern
Target-105 to 100
USOIL(1D) PRICE ACTION BREAKOUTUS OIL (1D) Triangle pattern breakout.
Put stop loss below( 41.35)
NOTE: Refer (1Hour) candle.
HUL HAVING A PERFECT BREAKOUT & RETESTThe price was consolidated into a triangle and broke out the trend line which was acting as a resistance , and has had an retest and will go up under the control of bulls
Trend line - Triangle - breakout, DELTACORPPrice rejecting from the trend line and taking support from the triangle bottom, clear indication of break out.
AIRTEL ANALYSISI AM BULLISH FOR BHARATI AIRTEL. BCUZ IF YOU SEE IN 1DAY TIME FRAME THERE BREAKOUT . AND IT'S SUSTAINING TOO EVEN AFTER THE TODAY'S NEWS.
IF YOU SEE TOMORROW TRIANGLE IS BREAKING UPWARD THEN WE CAN BUY FOR 1:1 FOR INTRADAY.
PLEASE BUY AFTER 9:30.
TCS TRIANGLE BREAKOUTNSE:TCS
OVERALL OUTLOOK ON LONG TERM CHART IS BULLISH
ON 30 MIN CHART,PRICE FORMED A TRIANGLE PATTERN ON THE BACK OF LOW VOLUME
IF PRICE BREAKS TRIANGLE TOP WITH HIGH VOLUME ,PRICE MIGHT REACH NEXT RESISTANCE 2886
