MGL | BREAKOUT ABOVE 1100Let it break with Good Volume!!
Above 1100, Looks Bullish!
15-30 points can be made through Intraday Trade.
Trianglebreak
SYMMETRICAL TRIANGLE PATTERN BREAKOUT IN AXIS BANK -the stock managed to break-out of the pattern today by taking out crucial resistance level in the market
-on lower time frames stock managed to break above the level of 440
-after lot of failed attempts it managed to surpass that level today
-the stock last traded price(ltp) is at 444
-the stock is now geared up for a big rally on the upside
-join the telegram group for live updates we have already taken trades today in "axis bank"
BTST TRADE IN AXIS BANK
BUY@442
STOP@435
TARGET@454
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
(trade active already)
NEW POSITIONAL TRADE IN AXIS BANK
BUY@445-448
STOP@430
TARGET-1@465
TARGET-2@478
Ambuja - Showing strengthGood strong recovery, a triangle pattern on the daily chart, stock at resistance, a very strong green candle on Friday breaking and closing above the triangle pattern, bullish RSI divergence, economic activity commencing leading to spurt in pending infra projects being taken up on priority... how many more reasons do we need to enter the stock if not already done. Go long above 194.85 for an immediate target of 205 where there are multiple resistance points. Once that is taken out, the stock can quickly head to 217.50 .... SL 188.00
BUY ABOVE 165 FOR A POSSIBLE TARGET OF 210++(Weekly Triangular breakout) with the support line breakout in Hourly chart,good volume
ACC SHORTTriangle BD on daily TF. Look for levels below 1240. Could fall 10 to 20 points.
Disclaimer: Sharing Ideas for educational purpose. Trade at your own risk.
APOLLOHOSP - Apollo Hospitals - ShortTriangle BD looks imminent. Watch out for levels below 1344-1340. Could give you quick 10 points.
Disclaimer: Sharing Ideas for educational purpose. Trade at your own risk.
PIDILITIND - DOES IT LOOK LIKE CUP & HANDLE + TRIANGLE BREAKOUT?NSE:PIDILITIND
NO NEED TO MENTION ABOUT THE LEVELS.
SUPPORTED BY TRIANGLE BREAKOUT.
MAKES IT MORE CONFIDENT.
ONE OF THE POPULAR PATTERNS.
ONLY FOR EDUCATIONAL PURPOSE.
CENTURY TEX - KEEP AN EYENSE:CENTURYTEX
POSSIBILITIES DEPENDING ON VOLUMES.
HAS BEEN STRUGGLING.
ONLY FOR EDUCATIONAL PURPOSE
Godrej Consumer Products : Triangle Pattern -BreakoutGodrej Consumer Products has broken out from a triangle pattern on 15 mins time frame.
Initiate long.
Target : 675
Stop Loss : 650
USDINR Triangle patternA neat triangle pattern has formed. Expecting breakout on the downside. Short term future traders.....brace yourselves....breakout might be approaching!
TECHMAHINDRA BROKE OUT OF A TRIANGLENSE:TECHM
BROKEN OUT OF A DESCENDING TRIANGLE PATTERN
LOOKING BULLISH
VOLUME SUPPORTED MOVE.
ONLY FOR EDUCATIONAL PURPOSE.
HCL Tech - Breakout - Triangle PatternHCL Tech has broken above from a triangle. The Breakout Zone is between 535-540. Go long when it retests this zone.
Target : 575-580
Stop Loss : 527
APOLLOTYRE BULLISH TARGET 113NSE:APOLLOTYRE
BUY WITH A TARGET UPTO 113. WAIT FOR CANDLE CLOSE ABOVE 108.5 ON 15 MIN TIME FRAME.
PROS
BROKE OUT OF SYMMETRIC TRIANGLE
UNFILLED GAP UPTO 114
VOLUME SUPPORTED MOVE
UPTREND
CONS -
MAY RETRACE/PULL BACK.
TAKE THE TRADE IF YOU ARE COMFORTABLE WITH RISK REWARD RATIO
GRANULES INDIA SWING IDEAGranules has broken out of a triangle pattern after contracting for a sometime. The stock has shown good relative strength and has reached near its 52 Week high.
It is above all the major Moving Averages (20,50,100,200)
A swing trade can be initiated once there is price action confirmation above the breakout and one can enter after a pullback.
Risky players can enter without waiting for a pullback but don't forget to keep a strict stop loss in place.
Indicators :
Trade as per your RR. This is not a recommendation and the post is only for learning purposes.
NSE:GRANULES
Long GailTrade based on the triangle breakout, Expecting around 100 soon, Can keep a stop loss of 5rs RR 1:2
Short BELTrade taken based on the breakdown from triangle pattern, Keep a stop loss at 72-73, I expect a target of 60 RR 1:3
Mahindra & Mahindra BreakoutM&M has given a breakout from its triangle pattern and was 4.40% up after today's session.
If there is a retracement back to the 415/420 level it could be a good oppurtunity to enter the trade.
After the breakout the stock has potential to reach 449 level soon.
- KEEP TARGET AND SL AS PER YOUR RR
-THIS IS NOT A RECOMMENDATION AND TRADE AS PER YOUR OWN RISK. OTC:MAHMF
USD CHF TrendJust spotted an excellent consolidation - any break in the trend lines would lead to a major move as it is consolidating since a long time
