Dear Traders Triangle formation of BPCL in 15mins chart and it may break either side. Hurdle for long - EMA 50 lying above the price and it will act as a Resistance. Other indicators like MACD, Stochastic and RSI looking bullish. No trade until the price break the triangle.
Dear Traders, Descending Triangle formation on 15mins chart in Axis Bank. Most probably to break the bottom of triangle and 50 EMA staying above the price. It seems bearish. Sell below 494 Target 488 Points Gain - 6
Dear Traders, Descending triangle formation in 15 mins Chart of Arvind. Will it break the support or move to resistance ? Buy or Sell - will decide on Tuesday (15/11/2016) Buy above 376 Target - 380.5 Points gain - 4.5 Sell below 368 Target - 362 Points gain - 6 Happy Trading...!
Dear Traders, Trade 2 (15/11/2016). Descending Triangle and Channel Down formation on 15mins chart . Buy above 777 Target - 785 Points gain - 8 Sell below 761 Target - 754 Points gain - 7
in.tradingview.com Short @ below 785 Target 1 - 765 Target 2 - 735 Fundamental - Q2 Result not seen good. So, the stock will fall further..
in.tradingview.com Ascending Triangle formation on TCS 1 hr chart. Bullish Sign. Buy above 2338 Target 1 - 2360 / 70 Target 2 - 2400 StopLoss - 2290
in.tradingview.com Ascending Triangle formation on STAR in 5 mins chart... Buy above 1090.5 Target 1 - 1097 Target 2 - 1106 Target 3 - 1113
in.tradingview.com Short Ceat below 1246... Target 1 - 1232 Target 2 - 1201 Stop Loss @ 1282
in.tradingview.com L&T is forming a triangle shape in 60 mins chart and it may take few days or a week to complete the triangle. Note: I am advising to make this stock in watch-list
in.tradingview.com Yes bank on tip of the triangle. Stoch and AO indicating on downside. MACD is not yet bearish cross over but it is still staying below 0 so consider as downtrend. Only the price action may decide the direction on Monday 17/10/2016.
in.tradingview.com Short @ 49.45 Cover Short @49.25 / 20 Stoploss @49.60