NSE:AWL Triangles within technical analysis are chart patterns commonly found in the price charts of financially traded assets such as stocks, bonds, futures. The pattern derives its name from the fact that it is characterized by a contraction in price range and converging trend lines, thus giving it a triangular shape.
Whoever will buy AWL will win and take this flag home.!
Awl is making a triangle wait for the break out if it break out then wait wait for retest if it hold the train line we can go long
#ADANIWILMAR
Added adani wilmar for long term.
Added 70% qty for now, will add remaining once it tests 350.
REASON:
Strong numbers fundamentally.
Made Good IPO Base
#vr
AWL has been in a range for past few days. The stock forms a beautiful bullish flag pattern on daily chart. Currently trading in a rectangle area between 340 and 352 with occasional spikes to 357, the stock looks set for a bullish run up to 420 within 10 days.
All detail for chat. good entry at 320 above and sustain in day candle. and must stoploss is 250 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
A live market analysis for Adani Wilmar IPO.
This is 5 minutes TF.
This analysis is only education purpose only.
Please consult your financial advisor before investing or trading.
chart to learn something about price action.
