Trianglebreak
IBULHSGFIN - Deja Vu ?Go long above 133 with SL at 128
Short below 128 with SL at 133
I would prefer taking long trades !
Ascending Triangle On National Aluminium.Today the National Aluminium has broken out from the Ascending Triangle .
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The volume is comparatively high.
The quarterly results are positive too.
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Now the breakout has happened, the previous resistance will act as a support 35.00
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This is a good chance
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Ignore the RSI
Shriram Transport Conditional Short @693 Possible Shriram Transport breaks down the 693 level today. We will initiate short below @693 for the final targets of 677 667 & 661.
TVS Motor will be a BUY only if (Stock for 7th July 2020)The RSI is also in the overbought (>70) zone and hence once it rechecks the marked level in the chart one can easily take a BUY call.
Target : 3%
Risk : 1%
Risk : Reward : 1:3.
Will keep updated here. Do follow to keep motivating you !
Also you can follow me on Quora (Jago Niveshak )where I will explain the whole setup and levels to BUY for two stocks for 7th July 2020
Banknifty PE & CE Buy Levels (30/06/2020)Banknifty trading near the resistance level of descending triangle pattern. If banknifty breakout the resistance, We might see big movement in banknifty toward the 22950 final targets. Current upside breakout level for banknifty is above 21400 levels and we can initiate CE option if banknifty sustain above this level. We can only see big move after this breakout otherwise market will spend today's day in sideways mode between 21050-21400.
HDFCBANK ready to fire#Hdfcbank closing is 1056.45. #Hdfcbank creates the triangle pattern in the 1-hour #Timeframe and ready to fire if cross 1066.40 and stay above then come to 1080-1095-1120 and stop loss 1040 for the long and positional buyers.
also, the awesome oscillator shows the strength in the trend.