Short BIOCONonce the trend line breaks, there is a nice opportunity to go short @ levels mentioned in chart.
Trianglebreak
Voltas Symmetric triangle patternVoltas about to break out of the triangle pattern.
Buy if it reaches 460 (Yesterday's high).
Target 468.
Stop loss: 456
ashok leyland has formed a triangle patternPlease wait for the pivot point to act as a support and wait for the triangle breakout to take a good entry.Also watch and observe nifty.
EURUSD, MAY IT UP OR DOWN ? Euro against Dollar seems to take off by the bulls in the first week of May , Last month of April the price was almost moved in sideways and its top and bottom not exceed or decreased .. month high were 1.09 and month bottom were 1.076..
New month expects the pair breaks out of this area and may touches the old resistance stays over the years at 1.14
MARICO BREAKOUTMarico broke out of its Triangle pattern. Downside Momentum might pull down the price to 292/285
NSE:MARICO
a symetrical triangle pattern possible of breakout A symetrical triangle pattern indicates a possibility of breakout, since its mostly on the favour of major trend hence chances are you would get a downward trend if breakout happens and on the upside if there is any possitive news or fii and dii holding more long postion may result in some upmove
[LEARNING] BAJAJFINANCE BREAKOUTFactors :
RSI: OverSold
Momentum Squeez: Turning Bullish
VFI: Turning Positive/Divergence with Price
BULLISH. About to BreakOut From Triangle Pattern. GO LONGKotak has been trading inside the triangle pattern and it is about to breakout soon.
BEL - Triangle pattern in the 15 Min time frameBEL - Triangle pattern in the 15 Min time frame
Depending upon the breakout direction can Long or Short
Expecting a short position tomorrow
ITCitc now at triangle if it breaks the level of @167 buy will trigger @167.85-168.25 target will be 193-195. if it's goes below @161 sell will trigger @160.50-160 target will be 132-130.
Bank Nifty TRIANGLE break down _1 hr Bank Nifty was broken the triangle pattern for 1 hr timeframe. There could be a retracement tomorrow and continues the downward direction.
Asian PaintIf breaks 1700 with volume target would be 1750
If rejected Sell below 1655 with target of 1622
GAIL India Triangle Pattern Breakdown Expect-able NSE:GAIL
Two support levels are given as well as a possible resistance level.
Short WIPROWipro has made a symmetrical pattern and it broke down but tested back again
STOPLOSS - top of triangle
WATCHOUT @DRREDDYInconclusive but good triangle formed.
Watch out for the support and resistance zone.
Look to go long only if it breaks the resistance zone.
Equilateral Triangle --> LongBreakout from triangle suggests good buying opportunity.
Stock has 3 main resistance levels to watch out for.
Place stoploss anywhere between end of triangle and mid point of triangle.
Strong Bullish ViewBritannia earlier formed a descending triangle ( higher time frame) and now has a flag formation (lower time frame).
Bullish run is expected to continue for this week too.
Target 1 - 3250
Target 2 - 3300
Expected to go as high as 3600 in coming weeks
Stoploss - 3100
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)
