Symmetrical Triangle
Tata Metaliks: Breakout from Symmetrical triangle, Buy SIgnalTata metaliks had been trading within the symmetrical triangle pattern. Recently, the security has taken a breakout from the pattern in the daily time frame. Therefore traders should grab the buy opportunity
TLong
HDFC SYMMETRICAL TRAINGLE.HDFC LTD has been trading in a range& the range is getting narrower day by day that its ATR(11) almost at lowest in this price range in last 2years.
Since the stock has done nothing in last 6 months so its likely to give a trending move on either side, in symmetrical triangle BO/BD will help to decide the direction of the move.\
2513 will be pivot for it.
H
Tatapower- LongI think symmetrical triangle is Tatapower's favorite. ;-))
Closing above 128.75 on daily time frame, will give you a target of 144.
SL at logical place is mandatory.
Fundamentally strong, Nifty energy also looking strong.
P.S. This is just for informational purpose. Do your own study before entering into a trade.
GUJ GAS good long candidateGujarat Gas counter have given breakout from symmetrical triangle pattern breakout, with support of positive crossover on MACD and breakout from falling trendline in Rsi
Goodlong candidate
GLong
SBIN : SWING TradeSBIN: Positional & Swing Pick!!!
Method:
Symmetrical Triangle breakout.
Risk management :
Enter 30% of your position at CMP, if the price respects the level of 425 then execute your 70% position.
Place your stop loss below the recent swing low, at 416
Go for risk-reward of 1:2
The key is capping the downside risk when you’re wrong, but leaving the upside profit potential open. Remember to be profitable you don’t have to be right every time, you just have to be right big and wrong small.
#CUPID .. Is a huge move coming?Stock was trading in a Symmetrical Triangle and had price move today which will likely close with a gap today..
As there are buying volumes with the gap it can be a breakaway if price sustains..
Now the second move should be to close above 260 with volumes and retesting of the support.. Then it can be a BO opportunity to go long for targets of 300, 350+ .. Otherwise price will retrace back maybe to 210-220 levels (will buy at this level for long term)
Full disclaimer: I already own a positio
Patience will give 10% in SAIL 👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
🔥 Strategy :
✣ Channel pattern breakout on 1M chart
✣ Good monthly consolidation and weekly too
✣ On a weekly basis good retracement of 30% multiple times tested near that level
✣ Good triangle pattern on 1hr and 1d both ( Trade on TF whichever suits your setup and RR ratio )
✣ In 1hr you can take it on a lower trendline for a low-risk high reward setup or on a breakout, SL as per your risk an
Story of Happiest Minds - 100% return 🔥🔥 👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
📌 Just analysis or you can say backtesting my patterns and price actions :) no potential trade on these levels + on monthly TF it has moved a lot already which is 100%+ so it might get volatile for a while :) just all the possible trades that could have been traded
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for som
7% is going nowhere if you enter good - SYNGENE - Read Details👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
📌 Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making.
🗝 Pattern here is a symmetrical triangle - meaning bulls and bears have the same amount of power until the day of breakout or breakdown
🗝 The chart here is of Daily time frame
🗝 As of now, the chart hasn't given a breakout so you need to add it to the watchlist only and
How to make big profits in M_M✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :)
✺✺ Target: 1000 Followers ✺✺
$$lOGIC: A potential trade will be activated only when it breaks the triangle pattern and closes on the D chart, a good Swing trade :)
Risk and Reward are defined from current levels as of taking into consideration of Low Risk and high reward setups
✺--------------------------- Motivational and psychological area ✺
✣Trade o























