Triangle pattern formation wait for the breakout accordingly for the entry
Seems like the stock is preparing for a good break out. Buy once the stocks breakout from the triangle pattern Follow this idea for breakout
Stock Moving in an uptrend based channel pattern and currently taking support at the demand zone good opportunity for buy on swing trade basis
Stock in moving in a channel pattern and has taken support on the demand zone which coincides with the 200 moving support. Entry as per the price action-candle formation on 6th else wait for the trend line break out.
As they say history repeats itself in the markets too, earlier EICHERMOTORS has broke out forming ascending chart pattern with support zone being the long time demand zone, looks like it is forming a similar ascending triangle pattern again, Look for buy opportunities in case of breakout
Possible buy opportunity on intraday basis. plan trade based on breakout and target the nearest supply zone mentioned on the chart
The stock has broke out from the resistance with good volume and the candle on 4th aug has respected the earlier resistance as support, follow the price action for long entry
IOC have had breakdown on 1 hour time frame and has the possibility to reach the demand zone of the channel pattern which it has been trading on a longer timeline. Stop loss can be the previous swing high, with an interesting risk reward ration
Tata steel is converging and has a possibility to breakout either ways in shorter timeframe, however looking at the trend of the stock the possibility is higher on the upper side.
Buy opportunity in BPCL as the stock has taken support near the demand zone and has started moving in the upward direction