Trianglebreak
BUY CIPLA BASED ON THE TRIANGLE BREAKOUTBUY CIPLA ONCE IT BREAKS OUT OF THE TRIANGLE.
THE TARGET: 58 POINTS ABOVE THE BREAKOUT PRICE STRICT STOPLOSS : COMES AGAIN IN THE TRIANGLE ZONE.
TRY THE ABOVE TRADE TILL THERE IS A BREAK DOWN FROM THE TRIANGLE (IF IT HAPPENS)
Asian Paints view for positional tradingI am expecting the sell side moment for positional trading.Asian Paints looks like moving in triangle in 2hour time frame.As we know that we can trade either side on triangle based on candle stick confirmation if its a narrow breakout also we can take trade boldly if its not narrow breakout then wain for retest.
IOC VEIW FOR INTRADAY TRADINGThis is my view of IOC based on this chart if its breaks upside then go for a buy as well as if it goes down then it can go for sell with a condition it should be narrow breakout otherwise need to wait for retest.This is for educational purpose only.
INDIGO VIEW FOR INTRADAY TRADINGThis is my view of INDIGO based on this chart if its breaks upside then go for a buy as well as if it goes down then it can go for sell with a condition it should be narrow breakout otherwise need to wait for retest.This is for educational purpose only.
GRASIM VIEW FOR INTRADAY TRADINGThis is the view of Grasim based on this chart if its breaks upside then go for a buy as well as if it goes down then it can go for sell with a condition it should be narrow breakout otherwise need to wait for retest.This is for educational purpose only. BASED ON GLADDY TECHNICALS
Bank Nifty Breakout - LongBank Nifty appears to have completed its consolidation below the 200DMA and closed above the resistance with a bullish breakout above the triangle.
RSI(14) indicates a build-up in strength.
Target: 30800
SL: 28500
Nifty is in a Ascending Triangle PatternNifty is in ascending triangle pattern, which can give movement if it breaks the black line and closes below 11385 and it will go up if it closes above the red line and closes above 11395.
According to technical analysis and pattern, Nifty is showing a positive trend today.
Targets are 11415, 11440.
TCS: Triangle breakoutTCS has been consolidating in the form of a triangle for more than a year. This consolidation now appears to be broken on the downside.
I'l leave it to you to time the entry for a SHORT ride!
HINDUSTAN UNILEVER: Ascending triangle breakout!Hindustan Unilever has been consolidating in the form of an ascending triangle for more than a year.
This consolidation is now finally broken. I'l leave it to you to decide entry for this LONG journey!
SBIN | BUY |ASCENDING TRIANGLE PATTERN BROKEN FROM SUPPORT LEVELHEY GUYS, NOW I AM HERE TO SHOW YOU THAT IN CHARTS WE CAN SEE THAT SBIN HAS BROKEN ITS ASCENDING TRIANGLE PATTERN AND NOW IT HAS BEEN CONFIRMED THAT NOW IT CAN GO UP . SO, WE MAY SEE THE BULLISH MOVES IN SBIN .
SELL BRITANNIA @2500 . TARGET 2200.SELL BRITANNIA @2500 . TARGET 2200. BUY CALL OPTION FOR HEDGING....
Engineers India: Triangle breakoutEngineers India has been on a down trend since December 2017. This stock has been consolidating for months in the form of a triangle and has now finally broken out. Its certainly worth timing your entry for a SHORT ride.
VEDL: Symmetrical Triangle Breakout!Vedanta has been in a down trend for about a year and half. This stock has been consolidating in the form of a symmetrical triangle which now appears to be broken. It does look like a good opportunity to join this SHORT ride!
Keep Eagle EyeKeep an eagle on Indusind bank
Key level - 1350 (If it manages to break it then my first target will be 1250 and final target will be 1050)
Bank Nifty | Triangle - Indicates Bullish continuationTriangle pattern observed in Nifty Bank. Pattern looks to have confirmed suggesting a Bullish outlook. Target depth of triangle is around 425 points. With confirmation of pattern occurring at 31385, Target of the pattern comes in at 31810.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
#KOTAKBANK CASH : TRIANGLE BREAKDOWN.. GOOD SELL BELOW 1463#KOTAKBANK CASH
02 JULY 2019
TRIANGLE BREAKDOWN
GOOD SELL ONLY BELOW 1463
STOPLOSS AT 1472
TARGET 1454/1446
CMP 1469
DMART | TriangleDMART looks set for a recovery. We could observe a confirmed bullish Ascending triangle pattern. Target of the pattern comes in at 1480. However, the price was rejected by the trendline resistance at around 1420. Going forward, if the trendline is breached expect the stock to raise towards the pattern target.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
VIP Industries | Trading between 400 & 485VIP Industries in recent weeks is in a sideways trend since February. Taking a broader look we could find the price action is forming lower highs and higher lows leading to a triangle pattern.
Currently, the stock looks to be in the middle of both the patterns and only a breakout could give us a clue on next big swing. It would be wise to get in if either 485 or 398 is breached.
Engineers India : Triangle breakout!Engineers India has been in a down trend since December 2017. After consolidation of several months forming a triangle, the stock finally appears to have broken out today. ITs certainly worth checking this breakout is sustainable and then join the LONG ride!
Britannia: Triangle pattern breakout!Britannia industries has finally broken out its months of triangle consolidation.
It appears to have broken this out on the SHORT SIDE.
After a confirmation of the breakout, its going to be a nice and SHORT ride :)
