LXCHEM in PoleFlagit shows symmetrical triangle and pole flag pattern on daily chart. have it on watch list for a potential 60% upside.
LongSymmetrical Triangle
Long
Hdfc bank StudyHDFC Bank spot CMP :- 1687
Elliot wave + Harmonic + Chart patterns + Price action.
Time Frame : Daily
Chart Patterns :- Rising contracting wedge formation on larger scale, with demand line around 1590-1600 levels, act as good support for the counter and supply line around 1800-1830 which would act as strong resistance levels,,
Symmetrical triangle formation ( black dotted line coincide with harmonic pattern) counter gave break out from this formation around 1490-1510 levels, pattern have heig
Figuring out if a breakout is genuine? (EDUCATIONAL)A perfect breakout setup has :
(A) Volume Expansion- Whenever a breakout happens the first thing you might want to check out is if Volumes are increasing i.e. people are getting into it or not. If there is no interest of people in that stock, that breakout might not sustain.
(B) Popping out of highest traded clusters- I don't know why but people hardly use volume indicators like Volume Profile which give you an idea. Volume is plotted horizontally but in VP you get volumes plotted vertically al
VEDL SYMMETRICAL TRIANGLE BREAKOUTNSE:VEDL
VEDL gave a breakout from the symmetrical triangle pattern on 4th October with higher than average volume and after giving one green candle after the breakout it retraced back to the downward sloping line and it started retesting. It didn't breakdown below that line confirming that the uptrend is still in place.
LALPATHLAB : Triangle pattern LALPATHLAB
trading in a triangle pattern. Wait for breakout any side before entering. Chart from 15 min TimeFrame only.
This is for educational purposes only and my personal view. Please check from your end before entering in to trade.
Please Like and comment for more & regular studies for Nifty , Banknifty & Stocks.
ROUTE - Symmetrical Triangle BreakoutThe stock has broke out of the pattern, and looks likely to follow the upward trend.
Refer the chart for the suggested targets.
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Long
Apollo Tyre breakout is possible in short periodApollo tyre has been following the triangle for the past 3 months and you can expect a breakout anytime, now it has retested and possibilities are high to give a breakout in the coming days
Long
Equitas looking really good for a breakout soonAfter a breakout this stock has been in my watchlist for sometime to give breakout. the first target is 140, A symmetrical triangle has been formed.
ELong
Jai Corp looking good for a breakout soonJai Corp looks really good forming a symmetrical triangle and it will be breaking out in short period of time
Long
Symmetrical Triangle about to break.CDSL has shown some good uptrend in the past six months, now it is in a consolidation phase after a good price correction. We can see while correcting the volume is very low which is a good sign and shows that sellers are weak. Latest candle formed is a strong bullish candle with an above average volume gives a hint of buying interest. A unique thing is that for the past half a month the deliveries are 100%.
Other indicator's signals:-
Momentum = RSI above 60 on all time frames (monthly,weekly
Long
Long
SPICEJET | Triangle Bullish BO{{Trade Setup}} : A Weekly symmetrical triangle is observed forming since Dec'20. Price breakout was printed on 13th Sep'21 supported by breakout volumes. After breakout & retest, price is sustaining outside the triangle range.
{{Targets /SL}} : A safe entry can be initiated above 82.65. Targets are set as the triangle pattern height at 118. SL will be a weekly closing below 60.
Note : Please take trades after making your own analysis. This chart is a showcase of my analysis alone, & the tr
SLong
BANKBARODAFirst it broke out of triangle pattern and now it breakout of inverted Head and Shoulder pattern.
Can expect bullish momentum in coming days.
Long
NIFTY BANK. "The key to success is to lose small and WIN big,”Here in Nifty Bank a Symmetrical Triangle is being created. Keep an eye out for a good trade.
I am presenting this only for the purpose of learning. Please trade at your own risk.
"The key to success is to lose small and WIN BIG"
BTCUSD Symmetrical Triangle 4HBTC is forming a Symmetrical triangle which could lead BTC price to $46777.5 approx. I have published a idea of Rising wedge, if that's plays out then I believe this Symmetrical triangle will play out evantually.
Long
DCMSHRIRAM - Symmetric Triangle BreakoutThe stock is about to breakout of the pattern and move up towards reaching the previous 52W high and if the trend continues it can cross 1400 levels.
The trade can be initiated if the stock crosses and sustains 1070.
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If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
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Long
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HATSUN AGRO PRODUCT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Long
Levels for - 05 Oct 2021EXPLANATION : This is a 30 min time frame chart of RELIANCE . It has formed Bullish flag breakout & has been in a sideways for day and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart
Levels for - 05 Oct 2021EXPLANATION : This is a 15 min time frame chart of NIFTY . It has been in a sideways for day and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart . for downside target will be pending sm
Levels for - 04 Oct 2021EXPLANATION : This is a 1 hour time frame chart of ITC , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart.
If you like this analysis give a Like // Follow for more updates , let
Levels for - 04 Oct 2021EXPLANATION : This is a 15 min time frame chart of BAJFINANACE , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Both side levels marked in chart.
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INDIAMARTSymmetric Triangle formation on 1hrs timeframe.
It can give breakout or breakdown, but mostly breakout is what I speculate.
Long
BOB technical analysisBOB has done breakout from the symmetrical triangle pattern.
we can long this.
targets are given the chart.
Long