Hindalco AnalysisThere was a Breakout in channel pattern in the daily time frame + triangle pattern breakout.
.
Planning on shorting it for intraday tomorrow.
Trianglebreak
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.
Expected huge drop in IDEA sharesThe IDEA share is showing a drop in demand. It is expected to go down considerable from price 8.15 Rs . Try shorting at this point.
ASIANPAINTS - CLEAR BREAKOUT - DONT MISS - BUY AT RETRACEMNTASAINPAINTS shows a POWERFULL BULLISH SIGNAL . Traders who missed the entry still can wait for a retracement.
Their is no guarantee that a retracement would occur. but dont forget to enter if a retracement occurs.
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.
COALINDIA FOR SWING & INTRADAY TRADERSPrice action analysis for Coalindia
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.
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
AC line will act as resistance line.
BD line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
MARUTI - POSITIONAL - SHORTNSE:MARUTI
(FOR LEARNING PURPOSE ONLY)
While the price is clearly forming Higher Low's,struggling to form higher high's
Price still between fib 50% & 61.8%
Price will fall once it breaks the rising support line or previous higher low
Perfect Continuation Pattern. BREAKOUTA big breakout in HAL from the symmetrical triangle and there is plenty of upside left in here.
The stock is running aimlessly since the announcement of Indian Authorities sourcing defense equipments locally for foreseeable future.
And HAL probably is the best listed entity for this sector. Stock just broke out for a symmetrical triangle and will continue it's run.
The stock is good for long trades both for traders as well as for investors.
CMP 950.
Entry after a pullback around 925
T1 985
T2 1050
SL 900
Trade and Invest after doing your own analysis
