Get started

Trianglepattren

triangle pattern breakout.Elliott Wave Analysis:- View 1:- swing trade, A triangle has formed in the 4th wave Correction wave and it seems to be ready to give an impulse breakout. if it so then the target will be Target 1:- 4800 T2:- 5150 T3:-6100 Stop loss:-3291 if the pattern had broken up and crossed the 4610 then the stop may be adjusted to 3485. View 2:- there may be an alternative view which the triangle may breakout in bottom and it may also go till 2500-2900. we can average at bottom. if long term investor can also think of choosing second view else only 1st view is advisable. i'm not a SEBI advisor. kindly consider your own analysis before taking the trade or consult your own financial advisor.
NSE:DMART
by n0m0ret0ss
Symmetrical Triangle Example using Adani EnterpriseNSE:ADANIENT has created a symmetrical triangle on the chart. Most of the time symmetrical triangle is created when stock is moving side ways (neither moving in up trend nor in down trend). Stock can move to any direction once it comes out of triangle hence it requires caution before placing trade. If stock breaks out (on upper side) than we may see up trend from that point. If stock breaks down (on lower side) than we may see down trend from that point.
NSE:ADANIENTEducation
by vicky252
Nifty50 Analysis! Triangle Breakout!Nifty 50 Daily Analysis! Trinagle Pattern formation in Nifty50! Triangle Pattern Breakout in Nifty50! Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look. Entry = Depends on how market opens on Monday Stop Loss = Below 18337.75 Targets = 1) 18612.70 2) 18740.15 3) 18949.90 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:NIFTYLong
by Avinash9087
1