Trianglepattren
Federal bank - Triangle pattern breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
MAHINDRA & MAHINDRA, TRIANGLE PATTERN CAN GIVE BREAKOUT.MAHINDRA & MAHINDRA is forming a Triangle Pattern. After a good up move it can be corrective wave, and it is constantly taking Support at previous Resistance. There are some more reasons that probably it can give breakout, but, I am not mentioning them, check on smaller time frames as well, and take trade only after your system or rules give confirmation. And don't take it as a call, and Try to Learn Something.
MANGLMCEM - Om mangalam mangalam!!Expecting an upmove tomo(22nd Jul 2021). On 15mins chart i see multiple chart patterns forming and also multiple flag patterns.. Likely upside moment.
Keep a watch.
Disclaimer : this is just my view/opinion and not a recommendation or suggestion. Pls analyse it yourself before investing/trading.