JSW Steel Daily chart.
Range contraction is happening, once we break above 773-775 levels , we can see good upside move in this.
The Ascending triangle most often appears in an uptrend and it is considered a continuation pattern.
The analyst must simply look to see the direction of the previous trend and then make assumption that the previous trend will...
ICICI prudential retesting its triangle pattern, so give an entry with appropriate Stop loss only after a bullish candle from its retest
***** 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...
There is a triangle pattern formation in Adani Ports and Special Economic Zones. The stock is in consolidation since March. I reckon we should keep this on our watchlist. A big bullish candle & good volumes and we'll be good to go.
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Disclaimer: This analysis is only for educational purposes.
HDFCBANK prices in the month of May have been consolidating. One can see a triangle formation in the shorter time frame. The coordinates of the downward trend line of the possible triangle is marked in the chart. Once the formation is complete and if there is a breakout on the upside the prices can attempt to fill the earlier gaps that were formed on the...