A 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...
Just Dial has Broken out of Triangle Pattern after long Consolidation. With a Swing Target of 440 and Stop Loss of 368, one may go long around 375 after doing own analysis.
As we can clearly see, it gave a triangle pattern breakout then retraced to take support on earlier resistance and again trying to breakout. This can be a good opportunity.
Dear All, I feel it is going to make a new 52 week high now, It has already broken its long time resistance and perfectly bounced every time from its support line Volumes are very high, Pharma sector as such is booming in covid 19 So my analysis is very strong on it Note:- All the analysis only for educational purpose, please consult your financial advisor...
ICICI triangle breakout given but has strong resistance at 387-388, Better to buy only above 388 for long targets. If SL hits then this trade would be for sale side...Targets on chart...
PVR has triangle breakout and retraced 50% now hurdle at 61.8 to cross for upward move.... RSI is taking support of trendline... Targets on chart...
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. BD line will act as resistance line. AC 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...
Despite the market sentiment being negative, this stock has finally given a triangle pattern breakout. Good intraday opportunity to capture good points.
Pullback above 1110 for 1150 & 1200 ( 15days View ) Do comment your Views
This can be a good buying opportunity for intraday/positional.
Tata Steel has formed a cup and handle pattern, the handle looks like a triangle pattern. Stock gave a break out from the triangle and has come to re test the pattern. On successful test i see Tata to be at 400. *For educational purpose only
Go long after it breaks the triangle. 1. It is traded in the parallel channel, taking support downside should touch the upper channel. 2. Centerline is around 1400 which should be our target 1. 3. RSI near 60 range. 4. Good green volume to be considered. 5. After a long time, it left 10 SMA. 6. OI is build up fo Long
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. BD line will act as resistance line. AC 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...
Triangle Pattern is formed and it has given a breakout today. Given, the bank nifty is positive, this can continue its upward trend.
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. BD line will act as resistance line. AC 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...
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. BD line will act as resistance line. AC 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...
Very good spot to trade, since we can capture the initial momentum. This can breakout tomorrow if market is positive.