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NeeteshJain
16 mar 2017 15:38

Educational 19: Triangle Pattern Formations (Watch-list) Long

SOUTH INDIAN BANK LTD.BSE

Descrizione

It is been observed that some of the charts are forming a symmetrical triangle on the daily chart which can provide good returns in coming days.

On verge of Breakout:
1. Hindpetro
2. South Indian Bank

Successful Breakout:
1. Hexaware
2. SRF

Regards

Trade attivo

SRF Trade Setup -

Target: 1650
Stoploss: 1600

Regards

Commento

Hexaware performed well after the breakout. Regards
Commenti
HarshShah
Srf is still working?
NeeteshJain
@HarshShah, Yes it is still trending up until it breaks and closes below 1560 levels. Regards
HarshShah
@NeeteshJain, Thanks. Initiated longs with strict SL of 1560.
HarshShah
nalinakshi
yesterday i noticed hind petro is seen with good volume
NeeteshJain
@nalinakshi, Yes, it shall perform well today. Regards
nalinakshi
very interesting observation
NeeteshJain
@nalinakshi, Thanks, I wish it adds value to your trading experience. Regards
anupminj7
GOOD ANALYSIS
NeeteshJain
@anupminj7, Thanks, I appreciate it. Regards
Altro