ONGC is again in Buying range after forming a Beautiful Triangle pattern after forming a Bull Channel Pattern. Buy at 145-148 at Strict Stoploss at 139 Targets are 170 and 178 Respectively .
Nice Consolidation triangle happening in DLINK India . SL below the trend line
Federal bank has broke out of the triangle formation in weekly time frame ; MACD Reversal seen in weekly chart . It already broke out of its Channel Resistance at 90.6 . Next targets are 110 and 124 respectively.
Vedanta daily chart shows a breakout of triangle formation with good volume; Can buy at 300-305 with Target of 340 and above . SL : 290
RBL Bank forms a Beautiful triangle in Weekly frame, Triangle tested two times but eventually failed . Last week's Candlestick shows a Hammer which indicates bullishness . Can go long with SL 153 or your Risk Appetite this is a big triangle so one can also expect it to reach the Support line of triangle and also breakout . Targets 218 and 265 This is a Weekly...
Elecon Engineering broke out of a strong resistance in monthly time frame and inching towards a 1st Target of 220~ and Final target of 320 ; Can go long with SL @ 135. Resistance Seen at 182 in daily chart should be monitored.
Breaking up after consolidating @ 67-72 range ;Trade can be taken @ 75-77 Range with Immediate target 90, SL below the triangle at 65 makes this a good Risk reward setup for Swing.
Technical Analysis of Triveni Engineering at daily timeframe . Retested the triangle and went up can go long with SL at 160 ; Target 205 Levels
Technical Analysis of Canara Bank in Daily time frame, Adhere to Strict Stop Loss and Positional Stop loss if Target is hit. If it Breaks out 1st target would be 200 Level and 2nd Target is 225.
#Equitas Beautiful Channel Breakout Ignore Covid Crash it jumped back to channel and broke out.