MAHANAGAR GAS LTD - PredictionMahanagar Gas Ltd seems Triangle pattern. If healthy breakout happen & price sustain above 803, It will move upward. Next target level 845.
Trianglepattren
supply demand conversion zone with symmetrical triangle pattern .A good setup is out there with confluence of good price action.
.Symmetrical pattern breakout has done already.
.One may enter as market open at market price.
.Aggressive SL- below the breakout candle(4%)
.Safe SL-Below the supply demand conversion zone (10%)
.Targets are mention in chart, forecasted by using fibo
.This is a medium swing trade as per price action.
Nifty - 16500? Support and Resistance Levels for Next WeekHi Traders,
Nifty looks bullish and Closed with Positive note on Friday above 16000 which is a good sign that Nifty will move up in the upcoming days.
Unless there is no Negative news - Expecting Nifty to Touch 16500 before 21 July Expiry.
Support and Resistance zones are marked in the chart and Levels for Monday also given.
Happy Trading!!
BEl Share Chart Analysis Triangle Pattern BEl Share Chart Analysis Triangle Pattern for educational Purpose Only
PAYTM Paytm was in downtrend since so long. It has ended and forming higher high now in 1D time frame. One good green candle is needed in weekly & daily tf. It will form soon hopefully,
federal bank setup and trade strategyfederal bank analysis on basis of chart formations and result on the way on 15 july , a consistent outperformer in banking space
Tata Elxsi Traingle FormationTata Elxsi is in a beautiful triangle formation. Trade it the side it gives a breakout as triangles are essentially neutral pattern. However, looking at the chart structure, I have a positive bias in Tata Elxsi. Hence, the chart is labelled as long.
EICHERMOT Ascending triangle !!NSE:EICHERMOT
#EICHERMOT formed beautiful Ascending triangle !!
Happy LEarning.
ETH LONGHi every one,
- Inverse head and shoulders / triangle pattern is currently forming on 4 hours time rame
- RSI is above 60 in 4 Hour Time Frame
- Fib retracement 0.618 from swing high 1917 to swing low 880 is 1520.
This is only for education purpose only not a financial advice.
ONGC ascending triangle NSE:ONGC
#NSE:ONGC formed beautiful ascending triangle and good above 146, opened with good volume and consolidating now,
BO sustainability may give good momentum in stock, safe side marked support level.
Happy LEarning !!
ZYDUSLIFE ascending triangle !!NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE formed beautiful ascending triangle,
Levels marked for practice.
Happy LEarning !!
GODREJC CONSUMER PR forming triangleGODREJC CONSUMER PR (GODREJCP) stock is forming a triangle pattern in day time frame...we can take entry when triangle breaks....and keep SL #supportline
triangle patternnupur recyclers daily chart
triangle formation consolidation
add to watch list and wait for breakout with volume
Nifty 15 Min analysisNifty 15 min Analysis
Overall View is given in the chart.
Note: This view just for education purpose not a suggestion to trade.
NTPC LTD 15min Descending Triangle In 15min TF, we can see that there is a descending triangle pattern. It can breakout either side in Intraday.
We can go LONG if it breaks the Resistance @ Rs150-155/-
If the price breaks the trendline of the triangle, we can go SHORT. The nearby support is at Rs. 145-147/-
ASIAN PAINTS LTD 15min INTRADAYIn this chart we can see that the price is forming an Ascending Triangle pattern. If it breaks the trendline below, we can go SHORT. But the global market indices are in GREEN today. So there is more probablity of breaking the RESISTANCE above. If it breaks, we can go LONG in INTRADAY.
Direct breakout of resistance from support level will be a trapBank nifty congestion zone Don't enter if it give breakout
directly without consolidationbelow trendline.
Market never give direct braekout
it could be a buyer trap
OBEROI REALTY.... SHORT IDEATechnically, the stock seems to be correcting in Elliot 5 wave pattern.
The 4th wave of correction is moving in a triangle pattern.
This is likely to break down and the fifth wave should move towards 700 levels.
VEDL Ascending Triangle !!NSE:VEDL
#VEDL formed ascending triangle post shared the level in TV, check the attached idea,
Worked as support and not look back again and delivered 11%, 27k in 300 CE options.
Levels marked on chart for practice.
Happy LEarning !!
