Triangle Breakout is expected in REDINGTON.Elliott wave analysis:-
Running Flat took place with B wave as triangle. now an upside move is expected.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
Trianglepattren
Britannia Industries – Triangle Breakout Loading?NSE: BRITANNIA | CMP: ₹5,486.50 | Timeframe: Daily
Britannia is approaching a crucial symmetrical triangle apex, formed by a long-term descending resistance and a recent ascending trendline. The price is compressing — signaling a potential breakout soon.
🔍 Key Levels:
Resistance: ₹5,890 (triangle top + horizontal zone)
Support: ₹5,280–5,400 (demand zone)
Targets on breakout: ₹6,100 → ₹6,466
📊 Structure Highlights:
Previous falling wedge breakout led to a solid uptrend.
Current price action shows higher lows, indicating strength.
Breakout + volume = bullish confirmation.
🧭 Strategy:
Bullish bias above ₹5,890 with volume.
Watch for invalidation if price breaks below ₹5,280.
📌 Tight consolidation = Big move ahead. Add to watchlist!
AKUMSAKUMS seems stronger and given triangle breakout. Volume is also very decent as its just 1st hour of trading and almost nr previous day volume. We may see momentum rally nearing 12-15% from here as long as its closing above this trendline it may continue to outperform. Risk reward is quite good. Result is on 26th may. Keep it on radar
New opportunity; Nupur Recyclers ltd: 70% Roi ; SwingAdd this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
.
Wait for small retracement & daily candle to close above - "66".
Trade carefully untill ENTRY level.
.
Entry: 66
target:75-90-100-110-121
sl:57
major stoploss/ support: 50
.
.
Enter only if market Sustains above
"Yellow box" mentioned.
.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
.
Refer old posted idea attached below.
SBICARD: Monthly Pennant Breakout - How High Can It Fly?NSE:SBICARD
The stock has given a pennant pattern breakout on monthly chart with good volume along with second month on consecutive buying
This month's closing would be interesting to watch as it'd confirm the follow on move
916.95 / 946 / 1149 will act as strong resistance levels especially 1149 which is around it's ATH level a monthly close above it will fuel the further rally.
Since it's ATH in September 2021 stock has been in a downtrend but seems like things are about to change for good
SBI Cards & Payment Services is India's second-largest credit card issuer and a subsidiary of SBI.
Market Position :
SBI Cards is a leader in the credit card industry, holding an 18.5% market share in card-in-force and a 15.7% share in spending. You'll find them actively expanding into Tier-2 and Tier-3 cities to tap into new markets. Plus, partnerships with brands like Apple and Singapore Airlines help them attract premium customers.
Recent Financials (Q3 FY25):
Revenue: ₹4,767 crore (up 1% YoY).
Net Profit: ₹383 crore (down 30% YoY).
Net Interest Income (NII): ₹3,790 crore (down 3.5% YoY).
Asset Quality: Gross NPA at 3.24%, Net NPA at 1.18%.
9-Month Performance (9MFY25):
Revenue: ₹14,300 crore (up ~2% YoY).
Net Profit: ₹1,200 crore (down ~25% YoY).
Where is SBI Cards Headed?
Management is optimistic, projecting annual revenue growth of 10%-15% over the next two years. The plan involves:
Tapping into smaller cities to bring in new customers.
Boosting the digital experience for seamless customer interactions.
Launching exciting co-branded cards aimed at high-value users.
And don't forget, potential RBI rate cuts in FY26 could lower borrowing costs and boost the bottom line.
ONDOUSDT - TRIANGLE PATTERN BREAKOUT - BULLISH OUTLOOKSymbol - ONDOUSDT
ONDOUSDT continues to demonstrate an upward trend, with periodic cyclical counter-trend corrections. The chart is currently indicating a potential conclusion of the correction phase, suggesting a readiness for further upward movement. A significant consolidation pattern has developed within the context of the prevailing uptrend. In this regard, the price is attempting to break above the consolidation resistance (triangle) and surpass the next key resistance level at 1.538. This level is of particular importance. Should the bulls successfully maintain support above 1.538, ONDO may experience a recovery towards the 1.7–1.9–2.15 range in the short to medium term.
Support levels: 1.538, 1.44
Resistance levels: 1.7344, 1.90
A minor pullback to support, followed by a false breakdown, remains a possibility. However, sustained price consolidation above this level would confirm readiness for upward movement. Entry, SL & Target levels are indicated on the chart.
#BHARTIARTL - Potential Trend Line Break Out📊 Script: BHARTIARTL
Key highlights: 💡⚡
📈 VCP formation in Daily chart.
📈 Price gave a good up move, then went Side Ways
📈 wait for more consolidation near Resistance / Trend Line
📈 Enter on BO when spike in Volume is seen
📈 MACD Bounce
📈 One can go for Swing Trade.
BUY ONLY ABOVE NA DCB
⏱️ C.M.P 📑💰- 1644
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
MAN INFRA: potential upside move<Man infra has successfully given breakout of two good chart patterns.
<Flag and pole which is clearly visible.
<Triangle pattern which can be seen if we draw a line from top red candle to the <breakout candle respecting all the wicks.
<We are learning this trade respecting the flag pattern.
<The stock has given upside breakout with good volume indicating bulls hold.
<The risk reward ratio for the trade is 1:5.
SHAKTIPUMP RESISTANCE BREAKOUTSHAKTIPUMP, currently trading at ₹899.35, has shown a solid breakout above the marked resistance levels on the chart, indicating a strong potential for upward momentum in the coming weeks. Additionally, the stock has confirmed an ascending triangle breakout, reinforcing the bullish sentiment beyond the resistance level. This is a clear example of effective price action. The technical indicators look promising, with volumes steadily building up over the past few days, supporting the recent breakout.
Solana Next Target is 202, 251 USD.. Triangle Pattern BreakoutSolana has formed a Triangle Pattern and Breakout, with the Next Target at 202 USD and a Final Target of 251 USD. Take advantage of this Great Opportunity to Earn a Potential Profit of +45% ROI and Overall +74%ROI. Check my Previous Analysis below, already reached the first Target at 174 USD with (+20% Profit).
This is a Long-Term Analysis, it's important to follow Trend continuation techniques.
I want to help People Make Profit all over the World.
PREVIOUS ANALYSIS : Before & After,
BankNifty -E Wave or Explosive Wave - 1000+ Point RallyAs we discussed in the last idea .... Magical support zone gave us 1000+ point rally so far -which is part of Wave-E as per Elliott Wave Triangle
#elliottwave #waveanalysis #endingdiagonal #fallingwedge #trianglecorrection #trianglewave #correctivewaves
WaveTalks Snapshot
Last Idea - Elliott Wave Triangle: The Black 2024 Effect
Regards,
WaveTalks
Abhishek