A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Jindal Steel Time Frame = 1 Day
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = Canara Bank Time Frame= 15 min
IRFC is trading in a triangle pattern and awaiting a breakout on either side. In scenario of upside breakout - The targets are following T1 - 43.55 T2 - 46 T3 - 53 In scenario of breakdown - the targets are following T1 - 23 T2 - 18.60 T3 - 16.15
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...
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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...
Closing above 90 would confirm breakout. Buy for targets 96-105 Broader view targets 112 - 120 SL - closing basis 79
Huge rounding bottom + Triangle consolidation. Respecting 200 MA on weekly and just below 200 MA on daily. Low Price to book value (undervalued) On Breakout, Targets can be 66-71-78-91-99 . Broader targets 112-123 SL - weekly closing below 50. *Trail your profits. This is just a view, trade on your own risk.
Huge Triangle consolidation. 120-30 strong demand zone. Strong fundamental pick On breakout, one can see 163-186-203-219-228-240 levels with a positional/swing trade view. SL should be the breakdown of the demand zone around 120 .
Weekly Triangle breakout + retest. (Positional/swing trade) Trade idea 1: Buy above a weekly closing of 1240. Targets 1315-1380-1440-1500-1560 SL - weekly closing below 1100. Trade idea 2: Buy now around 1190 with a weekly closing of 1100 as your SL Targets 1240-1314-1380-1440-1500-1560 Always trail your profitable trades using trailing SL This is just a view.
Momentum reversal observed. Rising volume indicates next breakout in SBIN Target 645 Buy for positional.
Expecting a massive breakout in Indigo Aviation in hourly time frame Target 2000
Has been consolidating over several weeks Rising VOlume on OBV indicates a breakout will happen soon Target @ 3597
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Range bound action observed in HDFCLIFE. Trading in ascending triangle pattern.
I daily make educational content videos on financial markets
I daily make educational content videos on financial markets
NSE: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...