ITI has broken out of Symmetrical triangle pattern on monthly time frame. Entry above breakout candle high and stoploss will be the recent swing low or for safe traders the stoploss will be the breakout candle low.
Safe traders SL-118.65
Prakash Industries triangle pattern formation on daily TF as well as on weekly TF. Here I'm posting only the daily TF chart. Soon to be breakout share, keep in watchlist. Breakout above 75 and stop loss will be around 50. Trade for 1:2 Target.
NTPC Ascending Triangle formation on daily timeframe. Good setup for swing trade, wait for clear breakout and keep stoploss 171 (CB).
Entry: After breakout of pattern
Stoploss: 171 (CLOSING BASIS)
UPL is trading at channel bottom on Daily time frame, can take long trade here with 654 as closing basis stoploss for top of the channel as target.
SL:654 (Closing Basis)
Target: Top of the channel
Bank of Baroda has formed Ascending triangle pattern on Weekly time frame, it has broken out of the pattern on daily TF but needs to close above the resistance level on weekly TF for fresh trade.
Entry: Breakout of structure (weekly closing basis)
SL: (For aggressive traders)-170 (For safe traders)-150
RR: MINIMUM 1:2
Let the weekly close happen first before...
Titagarh Wagons Ltd is close to breakout level on daily timeframe, candle closing above 358.20 can be considered as an opportunity for swing trade. Wait for daily candle closing above 358.20 and Stoploss will be the swing low (320).
ENTRY:AFTER BREAKOUT (358.20)
TARGET=1:2 OR 1:3