Balmer Lawrie is attempting a breakout from Symmetrical Triangle pattern on 1D & 1W timeframe. Enter on bullish candle closing above the trendline. Please be wary of 'EARNINGS RISK'. Earnings are expected to release around 7th Aug '23. However, Risk Reward Ratio is very good.
SESHAPAPER breaking out of flag and falling wedge pattern on 1D timeframe with relatively higher volumes. It is apparently retesting its trendline. Enter after bullish confirmation. Follow target and stop loss levels.
Symphony attempting to breakout on 1Week timeframe on high volumes. It is trying to break out from falling wedge pattern. It is a pattern within a pattern (Falling wedge in a Triangle Pattern). Go long after breakout confirmation.
Chennai Petro CP breaks out on 1D timeframe. It has given a Double Pattern breakout from Falling Wedge and Flag patterns. Target & Stop Loss are explained on Chart. Be wary of upcoming earnings. Do Trail your Stop Loss and follow proper Risk Management.
SHREDIGCEM breaks out from symmetrical triangle pattern on high volumes on 1D timeframe. It is apparently retesting its trendline. Enter after bullish confirmation. It has favourable Risk Reward Ratio.