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.
Trianglepattren
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"..
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.
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
GULF PETROSeems Bullish as it is trying to initiate 5th Wave. It has fantastically taken support at Golden ratio(0.618) of Wave 3rd, so it can be hoped that 4th wave formation has been completed. The expected targets are 61.90-68.75 - Long term target is 83.50.
Currently this stock is in triangle pattern once it breaks out it will easily achieve the target of 61.90, remaining two targets needs a mid term to long term view.
Chart & Analysis By - ADARSH DEY
Descending Triangle Pattern breakout in BHARATFORGOn a daily timeframe, BHARATFORG gives breakout of descending triangle pattern also MACD crossover indicating upside rally in this stock. After this breakout if stock sustain above 790 level then it will give 100+ points rally in upcoming few trading session.
Key Points for Bullish in this stock:
1) Descending Triangle Pattern resistance Breakout
2) This stock in uptrend
3) MACD bullish crossover in Oversold Zone indicating reversal of short term correction.
Chambal Fertilizer BO!It has given a breakout!
Good for targets of 350 in the short term and 390 for the long term.
Company has strong fundamentals and it can prove to be a good investment stock.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.