NSE:RPOWER Triangle pattern breakout on daily time frame Note : For STUDY purpose only
The 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 Checkout my other ideas to understand how one can earn from stock...
Break above 730 0.382 Support taken, 650 levels Wait for a breakout for safe entry Previously gave a strong rally after flag & pole breakout, history might repeat after this triangle breakout
->Formation of triangle pattern in the weekly chart. ->Support from previous resistance. ->Upside breakout. ->Target of 238.
The script has given a breakout in the D time frame the last week with huge volumes and has consolidated since then.Check out my previous post on Aarti Industries as well.Now on checking the smaller time frames I found good consolidatory channel and triangle pattern.It could give a intraday breakout.So, the 15 min chart would be perfect.One could take a trade on...
NSE:REDINGTON just broke out of triangle and is poised for 10% upside. Triangle breakout is accompanied by huge volume. Red area is the Stop Loss area and Green one is the target.
Stock has been taking supports and resistance from this trend line from a long time. Inverted Head and Shoulder in the making. Triangle Breakout.
VIP industries have broken ascending triangle pattern.
M&M is Ready for Breakout, You can do swing trading in it, its target stoploss has been given
Pancake swap about to breakout the ascending triangle. Keep an eye! Good swing trade opportunity on breakout + retest for more confirmation.
keep an eye on breakout. will be a good swing trade on breakout!
NSE:NAUKRI Naukri / Daily Timeframe / Good to go Long @ CMP / Currently at support level / Target - 5800-6000
Triangle breakout in Bata India. Looking bullish on weekly chart..
Guys in this chart it is forming symmetrical triangle in 1D timeframe, if this breakout happens in upward direction than targets are $0.39 and $0.43 but if this breakout happens in downside than targets are $0.2272 and $0.1372. But guys according to me it will break upwards but for confirmation always wait for breakout.
∘ Bank Nifty Analysis ∘ Ascending Triangle Pattern breakout
looks Bullish, it has broken tringle pattern nd has been retested on a resistance zone, good for swing trade with an entry at 2669 stop loss 2526 and a target of 2876
looks for for a positional trade , its been consolidation after breakout , will be good to enter above 1781 aim for target 1900 with a stoploss of 1720
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...