Trianglepattren
Consolidation for new trendstock forming kind of triangle pattern
getting support of trend line both side
wait for break out or breaks down
Borosil Renewables Ltd. engages in manufacturing and sale of solar glass. The firm operates through the following geographical segments: Within India and Outside India.
52 WK HIGH LOW 833 - 320
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.
UBL Ascending triangle !!NSE:UBL
#NSE:UBL formed Ascending triangle in 4 months consolidation, any time may show very good momentum !!
Divis Lab possibility of going bearish for short term.As you can see Divis Lab is on the way to downside, in minor Wave E forming a Triangle pattern.
As per EWT minutte wave (c) can travel till fibo ratio 1 or 1.2 which are also my target.
But a trader must be cautious if it breaks the invalid level of 3710, if this level breaks above all study/ Analysis will be invalid.
Mindtree chart analysisMindtree on 1H timeframe
forming symmetrical triangle pattern
can take support from here
more downside if breks down the line
BEL can go long, triangle breakout given.As per above chart BEL has given a triangle breakout which is end of Wave 4 and can go above for till those two target 264, 298
Triangle Pattern In 1HrPossible big move towards the direction as per the breakout/breakdown.
Expecting breakout in bullish direction.
Motherson formed a symmetrical triangle patternMotherson formed a symmetrical triangle pattern. Price consolidating in the symmetrical triangle since 198 days if it will break up/down we can expect a good move
SXG NIFTY50 daily time frame ascending trianglePrice formed a ascending triangle in SGX NIFTY50, if it will break down then we can expect a correction or if price will breakout then it will continue their up move. What do you think? tell me in the comments below.
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
multi pattern tgt 700+ iifl Flagpole+ cup and handle+ symmetric trianlge,
iifl will beat manapuram in gold and in future might beat muthoot ,
currently very under valued with perspective of market cap can a multibagger in long term
Ascending triangle Formed in BIOCONPrice first broke down its important level but is now trying to move up again if it will give closing above 306 then we can expect a good up move but if it will break down trend line Then there could be a downfall again (not big)
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.
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.
Apollo hospital ready for breakout 20th August ko maine iska deep analysis kiya, tab maine bola abhi isko buy karlo us din continue rally kiya. ab jaldi hi ismein breakout hoga. Ho sakta trendline se rejection leke thoda pull back le then breakout kare ya seedha breakout karde. Main bahut bullish hoon kyunki monthly time frame pe pull back liya hai to isko long term main bhi rakh sakte. Ye fundamentally bhi strong hai..
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
HDFC LIFE is ready for blast Hdfc life symmetrical triangle also close to 200 EMA I’m expecting a good move after breakout
