IPCALABIpcalab future broke above strong one month resistance of 885 & its trading above it comfortably with huge OI build up.
Also its on the verge of breaking out of triangle pattern on daily chart, if it breaks past 916 then add more.
Buy here & add more above 916 with mentioned stoploss & targets,.
Trianglepatternbreakout
BalkrishnaBalkrishna made triangle & inverse H&S pattern on hourly charts with decent volumes & is on the verge of breaking neckline.
Could be bought with mentioned stoploss & targets.
HDFCHDFC made triangle pattern on 30 min TF with good volumes, although it didnt broke out of triangle but i am assuming it will break out.
It could be bought with stoploss of 2660 & target of 2700/2720
srfSRF made triangle pattern on 30 min TF with good volumes & its on the verge of breakout.
Could be bought wih mentioned stoploss & targets.
AUBANKAUbank broke out og triangle pattern on WEEKLY time frame with good volumes.
Could be bought with mentioned stoploss & target.
godrejcpGodrejcp made traingle pattern on an hourly chart & its on the verge of beking out of it with good volumes.
Could be bought with mentioned stoploss & target.
Hindustan Unilever hINDUSTAN Unilever made triangle pattern & breaking out of it on an hourly charts with good volumes.
Could be bought with mentioned stoploss & target.
LARSENLarsen & Toubro is in the verge of breaking out of triangle pattern with good volumes on hourly charts.
Could be bought here or on dips or above breakout level(2010) with mentioned stoploss & targets.
tataconsumerTataconsumer broke out of triangle pattern on an hourly chart with very good volumes.
Could be bought with mentioned stoploss & targets.
ICICIBANKICICIBANK made broke out of triangle pattern on an hourly chart with good volumes & sustained above beakout.
Could be bought with mentioned stoploss & target
L&T Finance Holdings is forming triangle patternNSE:L_TFH midcap stock is forming triangle pattern for a year facing 4 rejections in resistance line.
Financials doesn't seems to be attractive, hence long term holding is not the view. However strong pattern break can be a good entry for 15% - 30% returns.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
HUL- The Great BullHUL is trading inside ascending triangle pattern with good volumes on smaller TF.
Also level of 2613 happens to be strong resistance zone.
If HUL-The Great Bull manages to break past 2613,
Then its a BUY with stoploss of 2850 & target of 2700 in max 2 trading sessions.
1321: EAST PIPES (TASI)Breakout is observed
Series of HH, HL
Watchout for the formation of HL (Retest)
Aggressive entry can be taken at current level (74.6)
Safe entry can be taken after formation of HL
Trade with SL,
Target Prices (fib levels) are mentioned, Ride the trend with trailing stop loss
4014: EQUIPMENT HOUSE (TASI)Breakout is observed
Series of HH, HL
Watchout for the formation of HL (Retest)
Aggressive entry can be taken at current level (72.7)
Safe entry can be taken after formation of HL
Trade with SL,
Target Prices are mentioned, Ride the trend with trailing stop loss
MUTHOOTFINMuthootfin about to break descending triangle pattern with decent volumes.
Could be bought with mentioned stoploss & targets.
MFSLMFSL is on the verge of breaking triangle pattern as well as multiple resistance zone of 773-774, if it sustains above 774,
then its a buy with stoploss 760 & target of 800
asian paintsAsian paints broke out of triangle pattern on smaller time frame(15 min) with decent volumes.
Could be bought with mentioned stoploss & targets.
