A B H I T O H A U R C H A L E G ASIEMENS is on the verge of breaking above two crucial patterns on an hourly charts with good volumes:
1) triangle pattern
2) bullish butterfly
Could be bought above 3760 with mentioned stoploss & target.
Trianglepattren
ASHOKA BUILDCON | SWING TRADE | BULLISH MOMENTUMASHOKA BUILDCON | SWING TRADE | BULLISH MOMENTUM
1.Triangle Breakout
2.Volume Breakout
3.Bullish Momenum
Banknifty ( next week contract )Banknifty ( Next week contract )
More probability is there for " 44500 "
.
For " long "
entry:44950
target: 45180 / 45500
stoploss: 44900
.
For " Short"
entry: 44740
target: 44550
stoploss: 44950
.
Enter only if market Breaks " S & R Zone "
"Yellow box" mentioned.
.
wait for proper reversal and conformation.
.
don't be aggressive.
.
refer old ideas attached below.
SPARC | SWING TRADE | BULLISH MOMENTUMSPARC | SWING TRADE | BULLISH MOMENTUM
Below are the indicators of bullish momentum
1) Market Structure Breakout
2) Stock taking support of 20 EMA for past 2 weeks
3) Triangle Pattern Breakout
Note: This Analysis is only for educational purpose
Banknifty Next contract (13/07/2023 )Banknifty ( 13/07/2023 )
.
For " long "
entry: 4250
target: 45500
stoploss: 45000
.
For " Short"
entry: 45050
target: 44750 / 44500
stoploss: 45150
.
enter only if market Breaks " No trade zone "
.
wait for proper reversal and conformation.
.
don't be aggressive.
.
refer old ideas attached below.
Triangle pattern Reversal in L&T Techonology ServiceL&T Techonology Service Ltd
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangle Pattern .
📊 It can give movement upto the Reversal target of Above 3568+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 4720+.
📊 Can Go Short in this stock by placing stop loss below 3325 or last swing Low.
How to trade early entry setup1. Price is in consolidation for 2 years
2. Market has broken its ATH resistance today, that will lead to many stocks to come out of consolidation.
3. This could be one of the stocks
4. Follow SL on weekly closing basis to trade 1:7.5+ RR trade set up
Nifty AnalysisIn this assessment I will try to answer a few questions:
1️⃣where is the market trading?
It is trading near its all-time high 18887.60
2️⃣How it is behaving near this resistance?
🚩It reacted sharply from near the resistance level but took support near a previous swing low of 18670.
🚩Then it rallied even much sharper back to the resistance and this time the reactions have been not that strong.
🚩It seems consolidating/absorbing whatever supply is left near the highs.
3️⃣Is there any pattern or range that can be traded?
🚩Yes, there is a triangle pattern formation as shown in the chart. It is probably best to buy near the lower edge and wait for an up move.
🚩There could also be a range formation in which market can oscillate for a while. This range is between 18780 (an important support-resistance level) and 18875-18900.
4️⃣Is there any chance of massive crack from all-time highs?
🚩At this point of time I don’t see any indication of a fall. As I said that the reactions are getting smaller, and price is hugging the resistance zone. There are higher chances of a breakout in the direction of primary trend on the weekly timeframe (see chart on the right).
5️⃣What should be the trailing SL to protect gains in the market?
🚩The swing low of 18660 could be a good stop loss to protect or lock the gains (if any) in the markets.
Do like🚀 share 🔊 or comment 📃 for more such ideas in future.
Disclaimer: The views shared above are not a trading or investment advice. You need to apply your due diligence before investing your capital.
Is Raymond Ready For Bullish Breakout?Howdy Traders,
Raymond Ltd is exhibiting a triangle pattern, accompanied by a value area that helps maintain a balanced supply and demand dynamic.
The level of 1610 holds significant importance for bullish investors. A successful breakout above this level is expected to propel the price toward new highs. Traders may consider setting their target price as high as 1700 .
ELGIEQUIPELGIEQUIP:- Triangle pattern is formed, wait for trendline breakout.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DLINKINDIA | Triangle setup - Looks good for minimum 50-60%DLINKINDIA | Triangle setup - Looks good for minimum 50-60%
CMP : 250 (Dip : 235)
SL : 215
Target : 380
Almost 1:4 risk reward setup
Ashok Leyland Chart Patter IdeaThe purpose of this video is to share the pattern identified in the Ashok Leyland share with the public for educational purposes.
Happiest Minds Breakout - Swing Trade opportunity Happiest Minds was in correction phase for quite some time and has is almost at 60% from its ATH.
The chart is pretty straight forward . It had given a breakout from it is lower low and lower high pattern.
CMP is at almost 907 and with a SL of around 8% at 830
Target levels of 1120 , 1320 , 1520.
Risk to Reward Ratio seems to pretty good for this trade.
For long term investment I would keep the SL at 750.
Note: This idea is only for the Educational purpose.
Kindly trade at your own Risk
Thanks & Follow for more ideas like this. HAPPY TRADING
Paytm Risingpaytm started recovering
it has recovered from 440 to 815
Making higher high and higher lows on daily chart
Stock given beautiful triangle pattern breakout.
once it break 845 then will may see it for 1065
intraday, swing, short term; min 70% returnstrendline break and retracement also completed
it is good sign for further up move
keep stoploss
.
.
food sector is always good for investment, during week global markets
smallcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
.
.
.
. more than that " megastar food "is fundamentally good
.
.
.refer our old idea attached below
BANKNIFTY Don't be aggressive
.
if there is possibility for bullish--
entry: 44070
target-44160--44350--44450
.
If down trend starts
entry:43525
t1-43400--t2-43150
.
possibility for stoploss hunting will be there.
Don't trade in "no trade zone"
Trade carefully.
.
after breaking green box mentioned,
trend will be confirmed.
.
.
refer old ideas.
Classic breakout failure of triangle patternBank nifty hourly time frame.
A good triangle pattern formed but broke down like brittle glass just after giving an hourly close above the breakout level. This is a classic study opportunity to understand how breakouts fail. Even a positive close doesn't mean anything unless price action supports it.
PS: One can always go short from the low of hourly candle with a very tight SL as major trend is up.
Icicibank 1htf wait for breakout Icicibank 1htf
Beautiful pattern
Stock is at resistance
Wait for breakout
ZOMATO Triangle PatternZomato has formed a Triangle pattern on 1D timeframe. Volumes are also rising. Enter after bullish confirmation.
INDIAGLYCO looking bearishINDIAGLYCO create descending triangle pattern on 30m time frame,,,
if there is a strong break-down happened, then find short selling opportunity,,
always wait for a confirmation on this type of setup...
intraday analysis for 5 June..
National Aluminum Triangle BreakoutNational Aluminum Triangle breakout seen. Upside potential till 1.618 fibonacci. All details in chart.
DISCLAIMER: Educational Chart for awareness. Analysis is subject to market risks it can go wrong as well. Not recommended to take FnO positions based on this analysis. FnO Trading is Highly Risky business you can loose more that your trading capital. We are not SEBI registered analyst. I may or may not trade this analysis and may not update my entry and exits, do your own study.
Triangle pattern breakout 1. Stock price turning out with this breakout
2. Sep 2020 Gap has been filled
3. Breakout is decisive
4.1:4 RR trade set up
Triangle Pattern trading set up 1. Low risk and very high reward
2. Patience will be tested to get such kind of targets
3.Follow SL on weekly closing basis, since its aggressive SL
4. 1:11.95 RR trade
