ZEEL has broken above from the triangle pattern. Initiate Buy. Target : 180/185 Stoploss : 155
Wait for a candle to close outside the triangle on long or short side and next day, buy when that particular candle is broken. Target and SL will be posted when trade triggers
once the trend line breaks, there is a nice opportunity to go short @ levels mentioned in chart.
Voltas about to break out of the triangle pattern. Buy if it reaches 460 (Yesterday's high). Target 468. Stop loss: 456
Breakout tomorrow, Intraday.
Please 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.
Please comment if you have any doubts.
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
Highly probable to see breakout soon....
Marico broke out of its Triangle pattern. Downside Momentum might pull down the price to 292/285 NSE:MARICO
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
Factors : RSI: OverSold Momentum Squeez: Turning Bullish VFI: Turning Positive/Divergence with Price
Kotak has been trading inside the triangle pattern and it is about to breakout soon.
BEL - Triangle pattern in the 15 Min time frame Depending upon the breakout direction can Long or Short Expecting a short position tomorrow
itc 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 was broken the triangle pattern for 1 hr timeframe. There could be a retracement tomorrow and continues the downward direction.
If breaks 1700 with volume target would be 1750 If rejected Sell below 1655 with target of 1622