A clear descending triangle pattern is seen in NMDC on the daily charts, keep in watchlist for the breakout of falling trendline. Multiple support taken at 132 levels. SL: 130
As one can see there is a triangle patterns formations one can either go bullish or bearish according to the markets , if nifty opens gap up then target could be 133 and if it opens flat ,or gap down the target Could be 122 that is exactly around 200EMA. This is for educational purposes only ,Do your own research before investing.
Zomato touched the strong demand zone that broke structure from downtrend to uptrend. Price reacted strong when the zone was touched and the volume was huge. Mostly if NIFTY is positive on Monday, Zomato could change its trend and continue to rally.
NSE:INFY from 29 september has been consolidating in a decending triangle pattern. Target for the breakout will be the ATH.
expected a breakout in this counter. but it broke down. support can be seen at 370-400 range.
Tata motors broke the triangle pattern in 1H chart. Target 550.
Zomato Triangle Pattern Formation Add to your watch list
30 mts TF divis lab triangle pattern formed and definitely breakout happen tomorrow... Must watch... Power of price action... This is only for educational purpose don't trade...
Banknifty - Triangle Pattern Breakout or Breakdown. The market has taken a pause towards upside of triangle pattern trend-line. if it breakout, there can be a big movement. Please comment and let me know your ideas/thoughts. Keep up the motivation!! :)
These are potential trades given by you guys only in the comment section :) also, some are my findings, UPL bearish trade can be taken as a good intraday opportunity and the same goes for bajaj finance 15min BO anticipation and inverted HnS trade. Other stocks are good to go for our swing trades
🔴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...
1. Long time Consolidation 2. Expected Triangle Pattern Breakout
IMP LEVELS : 1) STRONG closing above 550 levels with the volume on 1hr 2) Good structure on D chart seems to be broken with already above avg volumes 3) IF sustains here only on D chart too or above 555 then A great upside can be seen in BHARTIARTL 4) Risk is 4% from 1hr closing candle buy point 5) Targets are - 580 levels than 610 levels in the near term ( 1:1...
1) Some useful knowledge : Triangles can be best described as horizontal trading patterns. At the start of its formation, the triangle is at its widest point. As the market continues to trade in a sideways pattern, the range of trading narrows, and the point of the triangle is formed. In its simplest form, the triangle shows losing interest in an issue, both...
Follow me on trading view : in.tradingview.com This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...
Buy above 237.70 SL @ 228.80 Targets :- 243.00 249.00 259.00 Good Stock Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price Action ** Only for Educational Purposes PLEASE DO LIKE , COMMENT OUR POSTS .
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 Self-explained chart: ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money,...
Apollo Hospitals has break out his support level. Sellers can take trade. Target and SL have been mentioned in the chart itself.