Description
⋅ In the Daily timeframe, this less known mid-cap Technology stock NSE:ACCELYA is showing confluence of multiple bullish chart pattens.
- A beautiful rounding bottom formation happened over last 4 months.
- Followed by a breakout with very high volume on 15th Jan.
- Followed by consolidation and re-test of 1750 level.
- During this consolidation between 15th Jan and now it's creating a bullish pole&flag patten.
An excellent price to enter is around 1700 (or even 1730 is ok). It can reach upto 2xxxx on next few months (1 year horizon).