TCS

TCS has been trading in a symmetrical triangle for last 15 days , breakout from triangle could provide 60 points trading opportunity.

Bank Nifty

Bank nifty broke on upside from symmetrical triangle pattern but the breakout failed and banknifty completed its target on opposite side as it is often observed that busted patterns reach the target on other side.

Century Enka Ltd

Today Century Enka Ltd gave a breakout from symmetrical triangle, the stock could now target 130-132 levels.

Metal Index

Metal Index was trading in a triangle for last one and a half year but now it has broken down from the triangle,so metals stocks are a avoid now.

Nifty : In a Triangle

Nifty has formed a symmetrical triangle on hourly chart ,breakout on either side with volumes could give 100 points.

Nifty:Triangle Breakout

Nifty today gave a breakout from triangle pattern with target of 5240, any move below 5135 would make this a failed breakout.
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Update at 1:00 pm

Breakout Failed

NIFTY:Triangle

Looks like nifty is moving in a triangle ,so we could see another lackluster day tommorow.
(Today's side movement invalidated the flag and pole pattern in nifty given in last post)

UPDATE on Symmetrical Triangle in Nifty

Symmetrical triangle given in this post reached its target as nifty made a high of 5182.

Nifty

Nifty gave a breakout from symmetrical triangle ( chart above) with a target of 5190 but it could face resistance at 5160 which was high made in mid may 2008(chart below).

Intraday post

Nifty gave a breakdown from the triangle ,it could now find support at pink line but target for triangle breakdown comes at 4850.

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Update at EOD

Nifty took support exactly at the pink trendline.

Intraday post

Nifty is trading in a triangle since morning ,breakout from the triangle could provide trading opportunity.
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Update at 2:50
Pattern failed as nifty has started trading in rectangle rather than a triangle.

RCOM

RCOM gave a breakout from symmetrical triangle with very good volumes so it could now target 335.

Nifty in triangle

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Update at 1:20 pm

Nifty gave an upward breakout from the triangle.

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Update at EOD

Intraday post

Nifty trading in a triangle since morning ,breakout on either side with volumes could give 60 points.

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Update at 2:10 pm
Nifty gave a breakout on upside, now nifty could go up to 4260.

Nifty

Head and shoulder in nifty with target of 4525.

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when lines drawn differently one could see symmetrical triangle in nifty with target of 4503

Intraday post

Nifty moving in a triangle breakout on either side with volumes would give 33 points.
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Target on upside reached.

Bank Nifty

Bank nifty is moving in a symmetrical triangle, breakout on either side could give 500 point move.

Reliance

Reliance today brokeout from a symmetrical triangle , it could now target 2365.

Intraday Post

Flag and Pole pattern on nifty with target of 4544.

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10:35 AM---------------------Target rached.
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Symmetrical Triangle on nifty ,breakdown from it could take it to 4489.
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1:38 PM-----------Target Reached.

RCOM

Symmetrical triangle is seen in RCOM daily chart ,breakout on either side with volumes could give 82 points move.