cholafin consolidating for a breakoutA minor fibonacci retracement mai come then a breakout
BUY CHOLAFIN BETWEEN THE RANGE OF 218 to 235
NEXT TESTING PRICE 245,260
Trianglebreak
Wait for Triangle + Fibonacci + Trend line Break outPerfect combination of triangle + Fibin + Trend line break 👌❤️😍 . Wait for the proper breakout line and enter.
INDUSIND BANK LTD: AnalysisIndus bank is on the verge of breakout keep an eye on it. Formation of triangular pattern and good volume contraction in Bollinger Band indicator.
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If bank nifty falls their is a high chances that the breakout will be in the downward direction else sky is the limit.
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Calculate your RR ratio and trade accordingly.
SBIN: AnalysisSellers fail to bring down SBIN 3 times denote's pressure from the bottom to push up.
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Reason to buy:
1) Trend Line breakout
2) Buying pressure from bottom
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Next best entry will be after retracement i.e after 201.60. Stop loss will be below intimidate swing i.e below 197.00.
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RR ratio should be calculated and accordingly trade should be taken.
Pattern formed at long time resistance 2300. Price at resistance levels 2300 and forming ascending triangle pattern. Expecting upside movement after breaking 2300 levels. Wait for it.
BPCL: AnalysisKeep an eye on BPCL it is on its verge of breakout. As you can see their is a formation of triangular pattern which is consolidation for few days not level is shrinking to the verge of breakout.
Hindalco AnalysisThere was a Breakout in channel pattern in the daily time frame + triangle pattern breakout.
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Planning on shorting it for intraday tomorrow.
Grasim | Long | Short Term ViewGrasim Has broken through the Supply Zone and broken the ascending triangle and now created its new short term demand zone
Look for a pullback .
Recommendation
Entry should be some where between 644 to 654
Stop Loss 608
Target - 729
Key Factor for consideration
High Volume
Strong breakout
Triange pattern breakout
Hugh Candle formation
VEDL - TRIANGLE PATTERN - INTRADAY for 13 Sep 2020This stock is visible in many news channel for the decision on the book value on the company.
Remember - "a good news is not always an upside, and a bad news is not always a downside".
beware of false breakouts
this is for educational purpose only
Muthoot Finance Trade Setup !TREND ANALYSIS & TRADE SETUP
TRIANGLE CHART PATTERN !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
Century Textile Triangle BreakoutCentury Textile gave contracting triangle breakout.
Big volume breakout after consolidation.
Long near 310-330 STOPLOSS 274
Targets 355, 380, 480-500(long term)
Non risky can wait for confirmation close above 328 on daily charts.
Disclaimer: Calculated and plotted values may vary and change. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing.
CENTURY TEX - LONG POSITIONAL SETUPThis stock has given a triangle pattern breakout. It took support on its earlier resistance and the projected target is double the length of the base of the triangle which is plotted in the chart!
KOTAKBANK - LONG SETUPThis can breakout tomorrow given market sentiment is positive. This stock is looking very good as it has given triangle pattern breakout plus 1400 is a whole number (Psychological level).
TCS - LONG TERM SUPPORT + TRIANGLE PATTERN + NR7THE TITLE PROVES THAT THE STOCK SHOULD BE IN WATCH. AS YOU KNOW THE LAST WEEK SHOWED THAT THE TWO MAIN LAGGARDS WERE PHARMA AND IT. SO THE IT STOCKS SHOULD BE ON THE RADAR.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
INDUSINDBK - GOT A TRIANGLE INSIDE A TRIANGLETRIANGLE PATTERNS ARE VERY MUCH RESPECTED BY THE MARKET. SO YOU CAN EXPECT A SHORT TERM BREAKOUT AND ALSO A LONG TERM BREAKOUT AS YOU CAN FIND TWO TRIANGLES FORMING THE CHARTS. WATCH OUT FOR THE MOVE........
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
[Positional] ONGC Triangle Breakout!!ONGC is breaking out of a triangle but we still need confirmation .
So only buy if it closes above 82 with target of 90 100 115
keep strict stop loss below 76 closing basis.
Do more of what works and less of what doesn't.
~ Steve Clark
SIEMENS LONGNSE:SIEMENS
#SIEMENS CMP 1083 DT 4/7/203
MAJOR PATTERN SEEN ON THE CHART IS A TRIANGLE AND FLAG BREAKOUT ALONG WITH ICHIMOKU CLOUD BREAKOUT ALSO WITH BULLISH KUMO TWIST HAPPENING TOO. OVERHAUL TREND IS BULLISH NOW.
A FRESH LONG CAN BE INITIATED.
BUY RANGE FROM 1122 TO 1145 SL BELOW 1083 FOR A TARGETS OF 1175 / 1200 / 1253
CHART BY HarmonicTrading™
Century Updated Triangle Chart !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
Long UJJIVAN Fin Serv Went long at the pink trend line around 237 with a stop outside the trendline,
will book around 244 if the volume is less or if it breaks the resistance with volume will continue to hold as it can hit 260s once 244 is crossed with volume
HDFC MY VIEW BEARISHHDFC is going inside a descending triangle. bearish below sup; bullish above recent resistance.
