B A N K N I F T Y BANKNIFTY is trading in triangle pattern from past 7 trading sessions & now its on the verge of breaking past upper end of triangle pattern i:e 44700. If banknifty gets past 44700 then its not to b missed breakout for bigger targets mentioned.
Could be bought with mentioned stoploss & target/1/2 trading sessions.
Alternately, one can buy 44500/44700 or 45000 ce once breakout happens with spot level mentioned as stoploss.
Trianglepatterns
Triangle pattern breakout in CUMMINSINDCUMMINS INDIA LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1805+.
✅Can Go Long in this stock by placing a stop loss below 1725-.
IBrealEstThis may be moving in triangle pattern. since it recently touched lower edge so probability of touching upper edge is high though it may be slower.
once it crosses the 125-108 zone then there may be a view that it could do well however that it still far away
trend line breakout stock given trend line breakout
triangle pattern formation
fundamentally healthy company