Adani Ent consolidationAdani Ent is consolidating in a triangle pattern absorbing selling from the previous swing high, can breakout from here. Also bouncing from the demand zone as marked in the chart
Trianglepattren
Nahar Poly Films TriangleWatch out for breakout in Nahar Poly Films from a triangle pattern.
CMP: 260
Target: 300-310
Stop Loss: 230
Looks like a good triangle patternwait for the market to get steady and add this stock. Looks like the semi conductor issue is solved
ABCAPITAL : Positional Buy Trade SetupNSE:ABCAPITAL
Hi Traders,
ABCAPITAL trade setup, entry and target level on chart.
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Taking Support On TLApollotyre took good support over the bottom of channel pattern TL. Looks good for swing traders can plan with SL below the TL.
BURGER KINGburger king is consolidating in a symmetrical triangle pattern, we can see a good breakout in this share in upcoming days for the target of 123, 250, 300.
we can imitate buying in this share at this place because of trendline support and range support. stop loss is 140 thanks
BOROSIL RENEWABLES AnalysisWhat s up Traders,
Stock Of the day : Borosil Renewables (D)
Borosil Glass Works manufactures scientific ware items and consumer ware items
*Technicals :
Triangle pattern breakout
Aggressive Traders Can Enter right at the moment with SL below the candle
Conservative Traders can wait for a retest near 500 price level..
Stock has given a nice momentum of 15% in 3 days
*Fundamentals:
Current price is more than intrinsic value
P/E 77.5
Over the last 5 years, revenue has grown at a yearly rate of 2.32%, vs industry avg of 0.68% NSE:BORORENEW
ASALCBR is a good Medium Term BetASALCBR
Associated Alcohols & Breweries Ltd
Chart Structure:
- After listing in Feb'20, the stock is in an upward trend since Mar'20
- Stock right now is consolidating after making an All-Time High.
- During the consolidation, the stock has taken support multiple times near previous resistance and Avg. Buy price of last Huge Accumulation.
Volatility Contraction:
- In Day TF, price is forming a triangle pattern.
- Stock's Volatility is contracting. As before it was pushed down 20% after making ATH.
- Stock rose up again from the support area, and this time it was pushed only 11% down, hence creating a Triangle Pattern.
Relative Strength:
- Stock is outperforming its sector & Nifty50 in 3m, 6m & 1y TF. It is underperforming in lower tf due to stock being in consolidation.
- Stock has turned RS+ again on 8th Oct and is keeping above Laxman Rekha.
- Spread chart of the stock has formed a triangle pattern and is near a breakout.
Volume Activity:
- Stock saw huge Volume Activity from 4th to 12th October 2021.
- In that period 14.76 lac shares were delivered with an average of 1.84 lac shares/day with an average buying price of 548/-
- Previous average deliveries were 37k shares/day.
Financial Performance:
- Stock beat its QoQ & YoY Quarterly numbers in Q2.
- Sales Growth +50% QoQ & +21% YoY
- PBT Growth +36% QoQ & +6% YoY
- EPS Growth +41% QoQ & 8% YoY
Fundamental Notes:
- The company plans to expand its capacity from 45 MLPA to 90 MLPA. The project is expected to be completed by June-2022. That means the Co. will see the double output in 7-8 months.
- Company Distil, Blend, Bottle & Market are some of the key brands of United Spirits such as Bagpiper, Blue Riband, Flavored Mischief, Director's special gold & McDowell's Rum.
- The contract of this franchise has been extended up to April 2025.
- Some other brands which are produced under contract manufacturing are Black Dog, Vat 69, Black&White, McDowells, Royal Challenge, Signature, etc.
AU BANK - 1HAU BANK has given a breakout from the triangle pattern. The results were good also, so we can soon witness a good move from this stock.
TGT - 1300
SL - 1190
Banknifty Ascending Triangle Breakout ?Hello Traders,
More possibility of market opening Gap-up to Flat.
Is Banknifty ready for Breakout ?
Please trade accordingly to your understanding.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Hisar Metal Industries LtdTriangle breakout and bullish MACD crossover in Hisar Metal Industries Ltd
Kotak Mahindra Bank - Triangle Pattern Wait for the breakout and take positions. The results were good so we can expect a breakout.
Target will be - 2145-2150
Stoploss - 2040-2035
If you can add something to the Idea that will be great. Thank you
Tata Steel Triangle PatternTata Steel is making Triangle Pattern. If it gives breakout then we can go long on TATASTEEL.
Target :-) 1420 - 1480 - 1530
TCSThe stock has given a good rally after the breakout of triangle pattern but now the stock has retested the upper trend line of triangle pattern and started to move upwards again enter only there is some confirmation like a bullish momentum candle with good volume and place a strict stop loss as per your entry.."EDUCATIONAL PURPOSE"..
Bitcoin Bitcoin triangular pattern is formed, probable breakout , one can enter before breakout, red horizontal line is stop loss for this trade setup.
THETA USDTTheta coin is forming a descending triangle pattern and a normal triangle. I have mark all trendlines and support and resistance area.
We can buy above 10.585 and project the target for the 15 dollar with the stop loss of 8 dollar.
Thanks
Tata Steel - Triangle Pattern in the making?Will it turn out to be a triangle pattern breakout?
Note: Educational purpose only.
CDSL - Seems ready for the next burst up?Category: Triangle Breakout
Key Highlights:
1. Bullish market structure on HTF.
2. Bullish flag and pole/triangle pattern consolidation happening.
3. Bullish volume is higher and weak non-patient hands are getting out.
4. Direct beneficiary of the increased equity share.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Abhishek Singh (@Abhishek_TradersSin)
~ Middle-class IT Employee trying to simplify Technical Analysis.
~ Do follow and like if you like the work.
Rain Industries "Udega Trade"Thank you for tuning in! Safe traders can enter post the triangle pattern breakout and aggressive traders can buy 50% now and add more post breakout.
Any doubts are welcome in the comments section !
Triangle patternNSE:UPL
The formation of the triangle pattern is visible.
Will this breakdown. We have to wait and watch in the coming few days.
#VSTIND #BOOM BAAM #23/10/21BULLISH .
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Silver - Pullback done, will resume upward journey soonSilver is bullish in all time frame
about to complete a pullback and formed triangle.
In this counter we should be on a look out to create a fresh long entry for marked target.
Any bullish reversal candle in 15 min tf, should be used to make entry
R:R is a good 1:3
