Symmetrical Triangle
Adani Power - Ready Set GO !!🔰 MY thought process :
⭐Symmetrical pattern BO again at monthly resistance
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on
Cadila Healthcare 1h time frameFirstly a very good breakout and now the price is a small-time resistance zone. Wait for a clear breakout in a shorter time frame.
Trade wisely..
This is depiction is just for education purposes.
CLong
Hindalco, SwingHindalco is forming a symmetrical pattern and can break either side of the triangle. A break above can be traded for long position for targets of 411 and 426. A break on the downside can be traded for short position for targets of 380 and 367. A downside break will lead to the price going below the 50 EMA, and the first target mentioned for 367 is the level of 200 EMA.
Make sure to trade what happens and not what you expect :)
Note: Please do not follow my idea blindly, please analyze yourself
HDFC Trend AnalysisHDFC is giving a double breakout on 1Hr time frame.
1. First breakout is for Symmetrical triangle.
2. Second breakout is of Wedge pattern breakout.
Both is bullish and seems HDFC share price will give a new bullish trend for us.
HLong















