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Trianglepatterns

Concept of Soft,Hard Landing feat Adani Enterprises 1 ) Monthly Time frame story: This story tells us about the fibo retracement - From the start of the journey of its price action till date, it has given a solid return - Retracement was always pending in this stock. There can be two types - soft and hard landing type retracement 2) Stock has retraced almost 50-60% of its total lifetime move - Only Issue is Daily time hard landing retracement Soft Landing - Stock moving with a zig-zag type formation, that is, making lower lows with lower highs, taking time to reach 50-60% retracement levels, is what we call a soft landing in this contraction cycle of stocks. Hard Landing - Stock falling directly with big 20-30% falling bars in a single day and continuing this next day with increasing volumes tells the story of a hard landing, meaning no new positions are made in between, and only selling side pressure increases without any backing from bulls at all. 3) Execution: The plan here can be that after Hard landing like in the case of Adani stocks, we need to be patient and mark important levels - Here I have made on the daily time frame 2 patterns - Triangle and W bottom, many other fomrations can be there ( it should be a bullish pattern at this stage, that's all ) A breakout of out it can be played with a small investment amount ( This is not an advice, so consult your fin advisor or take decision on your own trading style ) Good luck
NSE:ADANIENTLong
by Averoy_Apoorv_Analysis
BULL RUN Resumes in Metal stocks ? Tata Steel breaking out !!Tata Steel is trying to break out of the long Consolidation (1.5Years+) It did a breakdown on 23rd Decemeber but immediately reversed which suggests a furious move on the other side. It was also the 61% Retracement of recent trend. Important Levels: For Long term Investors: It should not Close and sustain below Rs100. Trade below 100 opens up the areas of Rs80-85. For Short-medium term traders: It should not enter into the triangle zone again. Entering in it will suggest the lose of momentum and a trader must exit if it happens. On upside: 130-135 seems to be the first hurdle zone for Tata steel. But, according to the long term chart structure, it has a very long way to go. I am expecting a new ALL TIME HIGH SOON till the downside levels are saved. NOTE: These are for educational purposes. No Recommendation.
NSE:TATASTEELLong
by Akshat9
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.
NSE:KEILong
by Kunal-Battu
BULLISH on COLPALNSE:COLPAL The prices have given 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. There is also good volume during breakout. This view is for 1 to 6 months. The Targets and SL are given on the charts. Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
NSE:COLPALLong
by Kunal-Battu
BULLISH on Hitachi Energy (Positional)NSE:POWERINDIA There is a triangle pattern in Hitachi Energy. If the price breakout from 3650 levels then it is bullish. The price is trading above moving averages which is showing bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. If the price breakout from the triangle pattern the SL level will be 3200 and the target will be 4550. This is a positional view from 1 month to 6 month. Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a Tip.
NSE:POWERINDIALong
by Kunal-Battu
BSOFT is 45% below its all time high - Buy Low Sell HighAccording to Mr. Peter Lynch's strategy , when a stock is trading below its recent / all time high but is producing its highest ever income, that its a good place to buy low, and then sell high. NSE:BSOFT is a small cap scrip trading at Rs.318.3 which is 45% below its all time high Rs.585.85. Revenue is growing, income is growing, dept to asset ratio is less, PE ratio less than sector's, so fundamentally & financially strong. Price fall might be because FIIs are booking profit in this scrip, from Jan 2022. Which is affecting all IT stocks, especially small caps. Since NSE:NIFTYSMLCAP50 index need 23% rally to meet its all time high, there is a high possibility of these strong small caps to rally too. So it would be a better entry price to hold till this rally. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call.
NSE:BSOFT
by samplespaz
Ascending Triangle Pattern in ABB IndiaNSE:ABB This stock is the perfect example of the ascending triangle pattern. The upper trendline is a horizontal trendline and the lower trendline joins the higher lows. Then the stock breaks from the triangle with volume. The MACD was also bullish and RSI was above 50 showing good momentum. This Pattern is usually considered a bullish pattern. The stock then rallied after the breakout.\ Disclaimer : This is my own analysis and view. This is for educational purposes. This is not a recommendation, call or a tip.
NSE:ABB
by Kunal-Battu