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.
cochin shipyard high volume candle HL : 354.9 & 326 Golden ratio level near 294 it will get boost above 355... wave analysis given on chart... waiting for 3rd impluse wave to start.. views are educational
1. Triangle Pattern breakout 2. Long term Trend line Support 3. Head & Shoulder Pattern forming 4. Trading inside Rising wedge 4. Trading Above Volume Profile POC 5. Buy when retest POC 82Rs
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...
I thought of giving some more light to this potential stock: Might be able to test ATMs
USING RETRECMENT THEORY ITC HAS GOT RETRACED MANY TIMES FROM 0.50 LEVEL LOOKING @ THE CURRENT MOMENTUM A BUY HERE CAN BE PLACED FOR TARGET 215-220 REASONS BREAKING OF ROUNDING PATTERN CONSISTENT VOLUME SUPPORT TRIANGLE FORMATION TRADING SUGGETION BUY ABOVE 206 CLOSING BASIS CAN GIVE A UPMOVE OF 10-15 PTS TOWARDS 0.618 RETRACE LEVEL ***NOTE - FOR STUDY...
Keep an eye on Justdial it is on the verge of breakdown. It has been consolidating in small space since June in addition to that it has been showing green candles for 3 days in a row. Be ready for retracement then breakout. . Stop-loss will be below previous immediate swing. Calculate your RR ratio an then trade.
SL can be when it moves out of triangle breaking down the inclining pink trend line.