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.
∘ Keep eyes on Reliance Symmetrical triangle Pattern ∘ 50 - 200 Ema Resistance over here
Orient Electric -Triangle pattern formation Orient Electric after trading in a consolidation triangle pattern on Friday gave huge momentum on the upside with good volume. How to identify false breakout? On the initial breakout from a range or other chart pattern, a rise in volume indicates strength in the move. Little change in volume or declining volume on a...
Details are given in the chart itself.
Rational : Triangle Pattern
Triangle breakout retest complete on BATA INDIA First target : 1870 SL : 1520
both triangular pattern breaks FOLLOW ME :) for more updates
What is a Symmetrical Triangle ? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or...
Triangle Pattern Breakout with high volume Long term Uptrend
∘ Ascending triangle Pattern ∘ Gap fill pending ∘ Trend line support
Eichermotors : 1) Chart analysis : Stock is forming sort of a triangle pattern and it is very near breakout zone. Keep an constant eye on this stock as breakout is possible any moment if market supports the momentum. Only enter the stock after the breakout with good volumes. 2) Indicator analysis : As you all can see green moving line , its 50 Simple moving...
BHARTIARTL forming triangle pattern. Will see good move in coming days.
GEPIL ; As you all can see this stock has formed wedge sort of a pattern earlier. After giving a clear breakout+retest structure it is now forming symmetrical triangle sort of pattern. Trend is now uptrend so breakout at upside maybe possible here. Don't be in a hurry to enter the stock, wait for proper breakout / breakdown of the triangle pattern.
1. Triangle Pattern Breakout 2. Time to add more BankNifty (ETF or MF) units 3. Add banknifty stocks to Watchlist 4. Short Term Target T1 = 38700