Trianglebreak
APARINDS - Breakout of a Triangle pattern - Short term SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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BULLISH on KEI INDUSTRIESNSE:KEI
The price has given the breakout from the Triangle pattern. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 1 to 6 months. The Target and SL is given in the charts. The stock is outperforming the NIFTY for 1 year.
Disclaimer : This is my own view and analysis. This is only for educational purposes. This is not a recommendation, call or a tip.
Shree Cement is ready for up move Fundamental :- Shree Cement is the third-largest cement manufacturer in India with a capacity of 41+ Million Metric tonnes per annum which has grown over the last 10 years at 15.33% CAGR. The company has a market share of 8% and is third after Ultratech cement with 19% and Holcim (ACC+Ambuja) with 13% market share.
Technical :- Symmetrical Triangle breakout with good volume retest done.
First Entry :- Aggressive traders can enter now
Stop Loss :- ₹22500
Second Entry :- above ₹25600
Stop loss :- 23450
Targets :- ₹25750,29390,31234,35890,40720,50000,54900
Siyaram Silk Double Head and shoulder - Asymmetric Triangle.NSE:SIYSIL
View : Bullish for Short -Medium - long term.
Observation:
Head and Shoulder Pattern Completion with neckline 456.00.
Breakout Level Necklne of Inverted Head and Shoulder : 446.00
After breakout level tested multiple time and this week the chart broken important trendline.
Green trendline will act as Support till 390.00
CMP 28 January 2022 (Friday) = 444.35
Buy : or > = 445 or As soon as Assymetric Trinagle (Pennant) Breakour Upside
Stop loss For long term : Not more than 4% (Not less than 396).
Target for short term : 455-460-480-490
Target for medium term : 455-480-500-560
Target for Long term : 456-500-600-626-650-698-750 ++++