Trianglepattren
MANAKSKIA STEELS LTD - Triangle Pattern & Previous ATH BreakoutMANAKSTEEL
1) Time Frame - Weekly.
2) Previous Life Time High was 64. It has been consolidating in a triangle pattern since 2022 & given a breakout in weekly time frame currently.
3) It's a Triangle pattern & All Time High breakout with strong bullish candle & Good volume.
4) Stock will find its next resistance around the price 80 (17%).
5) Recommendation - Strong Buy
KTKBANK / KARNATAKA BANK - Previous All Time High BreakoutKTKBANK
1) Time Frame - Weekly.
2) Previous Life Time High was 194.60 in the year 2008. It was broken on July 2023 & Sustained / Consolidated for 6 months above the price 194.60 and marked a breakout with strong bullish candle and closed at All Time High currently.
3) The next resistance would be in between the price 300 to 314.
4) Recommendation - Strong Buy
WHEELS INDIA - Potential Weekly breakout - Add to watchlistWHEELS INDIA, as observed in the weekly chart, is currently exhibiting a compelling technical pattern, suggesting the possibility of a significant breakout. The stock has been forming a symmetrical triangle pattern over the past several weeks, indicating a period of consolidation and tightening price movements.
Price Targets:
In the event of a confirmed breakout, traders might consider setting price targets based on the height of the triangle pattern. TARGET 1 & TARGET 2 mentioned in the chart.
SBICARD on Long Term Support Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: SBICARD
🔍 Description: Stock is around its strong support.
Huge upside is possible if prices gives breakout.
We can easily see 60-80% upside from hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
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.