SanjogY

SanjogY Updated 

Chart analysis on Weekly time frame: Analysis: 1. Resistance zone is tested 5 times before final BO making it very critical resistance zone. 2. Before BO, consolidation happened supported by volume build up which eventually indicates that the stock accumulation is happening. Breakout: Consolidation phase BO happened on 2-Feb-2024 followed by BO supporting...

SanjogY Updated 

Chart analysis: Pattern: Symmetric triangle pattern BO happened and re-testing of BO is happening. Breakout: BO of 1.5 years trend line and support is taken at 0.618 which is Golden Ratio . Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 1400 price break candle. Stop loss: Below 1320. Target 1: ...

SanjogY Updated 

Double bottom chart pattern is formed in weekly time frame with support at 58.5. There price action is supported by volume also as there is spike in the volume as highlighted. If the price closes above 131.25 followed by confirmation candle then target 1 would be 172.4 using Fibonacci retracement tool. Disclaimer:- Please always do your own analysis or consult...

SanjogY

Chart analysis in Weekly time frame: Pattern: Basing pattern is formed in 5.5 years. Breakout: BO of ATH and Basing pattern and re-test of breakout is also performed. Volume: Volume spike is there during BO and the volume is above Moving Average. Trade setup: Entry price: 345.7 Stop loss: Below previous ATH 304.7 Target 1: 369.3 Target 2: 407.55 ...

SanjogY Updated 

Chart analysis: Pattern: Basing pattern is formed. Consolidation might happen near breakout zone after a big rally. Breakout: Basing pattern is broke the All Time High (ATH) price after 16 years. Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 148.40 price break candle. Stop loss: Below Low of price...

SanjogY Updated 

ATGL is forming Pennant pattern in weekly time frame and super trend is showing bullish trend. Pennant pattern is bullish trend continuation pattern and if the price closes above the pattern, then the bullish trend continues. Using Fibonacci retracement tool, we can set Target 1 at 1254.4 and target 2 at 1707. Disclaimer:- Please always do your own analysis or...

SanjogY Updated 

Chart analysis: Pattern: Basing pattern is formed. Currently, consolidation is happening near breakout zone. Breakout: Basing pattern is about to breakout the All Time High (ATH) price after 1.5 years . Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 950.05 price break candle. Stop loss: Below 866 ...

SanjogY Updated 

Chart analysis: Pattern: Rectangle pattern is formed when the consolidation takes place. Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO. Volume: Spike in volume in BO candle indicating big players are interested. Trade setup: Entry price: Between 769.45 and 802.85 Stop loss: Below...

SanjogY Updated 

Chart analysis: Pattern: Ascending triangle pattern is formed when the consolidation takes place. The pattern is formed from more than 6 months candles indicating strong pattern formation and after BO the trend continues. Pullback: Pullback of last rally is between 0.382 and 0.5 which indicates the momentum is still present. Volume: Volume dry up happening,...

SanjogY Updated 

Chart analysis: Pattern: Cup and Handle pattern is formed and currently after BO the consolidation is happening. Breakout: C&H pattern is broke the 16 months High. Volume: Volume build up is happening indicating the big player are continuously buying the share. RSI: Bullish crossover happening indicating the BO of consolidation phase Trade setup:...

SanjogY Updated 

Chart analysis: Pattern: Basing pattern is formed and breakout happened in Dec 2023. Breakout: Basing pattern is broke the All Time High (ATH) price after 6 years. Volume: Volume spike is there during BO and the volume is above Moving Average. Target of BO: 223.2 Disclaimer:- Please always do your own analysis or consult with your financial advisor...