Edelweiss - Multiple confluence points - Cup&handle, Flag patter
Updated
Edelweiss is at multiple confluence points at monthly time frame - it has made cup & handle patter, flag pattern and a rectangular pattern. A breakout of the stock will definitely looking to move upwards. Other factors:
1. See volumes - building / consolidating
2. MACD is improving
3. RSI is above 60
4. Fundamentally also, good Q1 result, selling stake for 1.5k - 2k crores, improvement in processes and we can RBI restrictions moving away
Keep in your radar
"Cleaneasycharts"
Right Stock at Right Time at Right Price!!
Cheers!!
1. See volumes - building / consolidating
2. MACD is improving
3. RSI is above 60
4. Fundamentally also, good Q1 result, selling stake for 1.5k - 2k crores, improvement in processes and we can RBI restrictions moving away
Keep in your radar
"Cleaneasycharts"
Right Stock at Right Time at Right Price!!
Cheers!!
Trade active
We have pocketed 25% return..Cheers!!! Moving towards our target..keep following for such insights. Cheers!!Trade active
36% upside from our buy price..Moving towards our target. Detailed analysis at cleaneasycharts..Cheers!!!!Trade active
55% upside..Cheers!!!Trade active
We hit our target of 58% today. Cheers to all!!! Will revise our target and keep posted. 
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