Bajaj Consumer weekly Accending Triangle Breakout Balaji Consumer has given Accending Tringle breakout breakout on weekly chart. Risk Reward 3:1 Place stoploss for long entry.
Trianglebreak
Triangle pattern breakout set up 1. Triangle breakout pattern
2. Decisive breakout
3.6 months consolidation before breakout
4.18 months Resistance breakout
5. Major trend is bullish
DEEPAKNTRDEEPAKNTR fut is about to break above triangle pattern on WEEKLY charts with OI building gradually.
Could buy above 2099 with mentioned stoploss & targets.
Not to be missed breakout for bigger targets with very good Risk:Reward Ratio.
AXISBANKAXISBANK is on the verge of breaking above triangle pattern on an hourly charts with good volumes.
Could be bought with mentioned stoploss & target.
Swing trading idea on Birlacorp I daily make educational content videos for swing / positional trading
Piramal pharma: Best stock to buy for short term The stock has been corrected more than 60% since listing.
💠 After digesting listing move, the stock formed triangle pattern( consolidation zone) on daily TF and broke it out successfully.
💠 Apart from the technicals, the company performed better than expected in its recent quaterly results declared on 24 may.
💠 Fresh long positions can be initiated here around 82-83 with the stoploss of 76.5.
💠 Our expected targets are 93 - 106 and above.
💠 Holding period: 2 weeks to 8 weeks.
Triangle Pattern trading set up 1. Low risk and very high reward
2. Patience will be tested to get such kind of targets
3.Follow SL on weekly closing basis, since its aggressive SL
4. 1:11.95 RR trade
BATAINDIABATAINDIA broke out of descending triangle pattern on an hourly charts with good volumes.
Could be bought with mentioned stoploss & target.
Entered a Short Term Swing Trade Taken Swing Trade on Triangle Pattern Breakout.
First Target 3% based on the body of the Triangle pattern and 2nd Target 6 % based on 1:2 Risk Reward Ratio.
Follow me for real-time updates and progress on the Trade Ideas
BANKNIFTY INTRADAY only for (11/05 & 12-05-2023)entry: 43500
.
if there is possibility for bullish--
target- 43750
.
If down trend starts
t1-43300--t2-43150
.
after breaking yellow box mentioned
trend will be confirmed.
GUJGASLTD | Sharp triangle breakout ahead - Potential for 50%GUJGASLTD | Sharp triangle breakout ahead - Potential for 50%
CMP : 491
SL : 440
Target : 725
1:5 risk reward setup
#NFLX bullishDespite NASDAQ:NFLX beating its earnings across the board, its stock came across some bearish moment. Here I believe we might see a reversal in trend, as noticeable a divergence signal from MACD & RSI both. Also, Considering today’s price action, a jump of almost 1.5% intraday from its 200 MA, we might continue to be bullish and breakout from the triangle as well.
AMARAJA BATTERIES :HAR GHAR ME AMARON , HEAT HEAT ALL AROUNDAmara Raja Batteries Limited is an India-based manufacturer of lead-acid storage batteries for industrial and automotive applications in the Indian battery industry.
The stock has shown Descending Triangle Breakout today. Breakout in Volume and RSI is also seen. However, to make long term hold position, retesting of the support at 600.10 is recommended. If the stock successfully retested the support , enter the trade at support for Primary Target of 668.75 , thereafter trailing the stock would be the best strategy.
This study is only for education purpose. Kindly research before investing at your risk,
All the Best !!!
COCHINSIHP : WAITING FOR BREAKOUT Who else is waiting for breakout on 15 min/ 30 min/ 60 min time frame with triangle pattern contracting from bottom....
Triangle breakout 1. Triangle breakout with Volume and Relative strength is in a bullish trajectory
2. Price target estimated about 195 to 205 by next 3-4 month
3. Some pullback is expected at the current price
4. Strong fundamental and Valuation of the stock
5. Target price is overlapping with the previous trend of the stock.
***I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trades I share are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The post is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.
HULHUL about to break out of triangle pattern on an hourly chart pattern with decent volumes.
Could be bought with mentioned stoploss & target.
Appreciation & suggestions motivates.
Triangle Pattern breakout in CamlinFrom the past two years stock has been forming triangle pattern, finally it has given breakout from this pattern with good volume. From the current price level price may correct a bit as we can expect profit booking at this level. If price closes above 181, we can expect a bullish momentum in the stock.
All the possible targets are mentioned on the chart. Stop-loss can be maintained as 150/121 depending on your risk appetite.
This is just a view, not a trade recommendation. Do your own analysis before making any investment decision.
Do like, share and comment your view on the chart.
NSE:CAMLINFINE
HEROMOTOHEROMOTO broke out of triangle pattern on an hourly charts with good volumes & comfortably trading above it.
Could be bought with mentioned stoploss & target.
Appreciation motivates to do more, if you think my work is worth appreciation then do appreciate please.
M&M (INTRADAY+POSITIONAL)M&M ABOVE TO BREAKOUT OF ASCENDING TRIANGLE PATTERN ON 30 MIN tf with decent volumes.
Could be bought with mentioned stoploss & targets.
UPLUPL on the verge of breaking past descending triangle above 743, loaded with good volumes on 30 min TF.
Could be bought here or above 743 with mentioned stoploss & target.
DEEPAKNTRDEEPAKNTR broke out of triangle pattern on 15 min TF with decent volumes.
Could be bought for intaday with mentioned stoploss & targets.
CYIENT | Breakout looks potential for 25-30%CYIENT | Breakout looks potential for 25-30%
CMP : 883 (Dip : 860)
SL : 820
Target : 1070, 1250
1:3+ risk reward setup
Ambuja Cement : Waiting to BreakoutAmbuja Cement looks like stuck in a traingle, with current trend in nifty I am long on Ambuja Cement. for a target of 387 and 414
