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Trianglepattren

APARINDS - Breakout of a Triangle pattern - Short term SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:APARINDSLong
by TradewithAditya
Shree Cement is ready for up move Fundamental :- Shree Cement is the third-largest cement manufacturer in India with a capacity of 41+ Million Metric tonnes per annum which has grown over the last 10 years at 15.33% CAGR. The company has a market share of 8% and is third after Ultratech cement with 19% and Holcim (ACC+Ambuja) with 13% market share. Technical :- Symmetrical Triangle breakout with good volume retest done. First Entry :- Aggressive traders can enter now Stop Loss :- ₹22500 Second Entry :- above ₹25600 Stop loss :- 23450 Targets :- ₹25750,29390,31234,35890,40720,50000,54900
NSE:SHREECEMLong
by Sanaatani_trader
MCDOWELL - Triangle pattern + Cup & Handle breakout - SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:UNITDSPRLong
by TradewithAditya
AETHER is forming triangle patternNSE:AETHER small cap scrip is forming triangle pattern. Revenue and income is consistently growing. Dept to ratio of 0.38 might be a concern, but its actually reduced from 0.61 in 2018, which is a good sign. But PE ratio is high compared to its peers and sector PE. Its good enough to enter in 840 to 920 range, and enter more on breakout. 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:AETHER
by samplespaz
Symmetrical Triangle Breakout in Nesco Symmetrical Triangle Breakout in Nesco Ltd. Stock has finally given breakout from its symmetrical Triangle pattern in weekly chart. Previously 625-605 was acting as major resistance, but now stock has managed to close above this zone with good volume. Going forward this should act as a good support if price retraces to its previous levels. Any price between 625-605 is a good price to enter. Stock has potential to reach 1000+ in coming days. Possible stop loss can be at 545. For further Strong upward movement, price has to close above breakout candle. All possible targets are marked on the chart. This is just a view, not recommendation to trade. Do your own analysis before making any investment. Do like and share this idea and share your opinion in the comment section. NSE:NESCO
NSE:NESCOLong
by KaravaliTradingZone_Official
2
TATA CONSUMER PRODUCTS broke triangle patternNSE:TATACONSUM a less known company with well known products like TATA salt, TATA tea, Tetley green tea and Starbucks and much more, have finally broken out of its triangle consolidation after 6 failed attempts in the past one year. Fundamentally & financially strong with consistent group in revenue & profits, low dept to assets ratio, consistent dividend yield, reasonable PE ratio, consistent FII holding, increasing market share seems like a good scrip to have in our portfolio. Price wise current price 837.45 is just 5.8% below its all time high of 889, hence this might be a costly entry and the breakout is not with very high momentum. Also the DIIs consistently reducing their state from March 2021. However, from its pros perspective, even in short term if this scrip corrects a bit, averaging out will not be a bad option, as in long term it seems to be healthy. Entry : 820 to 840 Target : Trailing stop loss with partial profits booking method at every 5% up movement Exit : SL1 800 (resistance break), SL2 780 (support break), long term holders can average instead of exit 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:TATACONSUM
by samplespaz