4 Years Multiyear Breakout at HUDCO
4 Years #Multiyear #Breakout at #HUDCO (Housing & Urban Development Corporation Ltd) Weekly Chart. Its #Outperformed #Nifty
BSE: 540530 / NSE : HUDCO
What Is a Saucer?
A saucer, also called a rounding bottom, refers to a technical charting pattern that signals a potential reversal in a security’s price. It forms when that security’s price has reached a low and begins trending upward.
KEY TAKEAWAYS : -
A saucer, or rounding bottom, is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U".
Both envelope channels and standard trading channels are important patterns for a trader when seeking to identify and place profitable trades from a saucer formation.
Typically, traders will want to buy the security or buy call options on the security at its lowest price in order to obtain the greatest profit from an up-trending saucer pattern.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts
BSE: 540530 / NSE : HUDCO
What Is a Saucer?
A saucer, also called a rounding bottom, refers to a technical charting pattern that signals a potential reversal in a security’s price. It forms when that security’s price has reached a low and begins trending upward.
KEY TAKEAWAYS : -
A saucer, or rounding bottom, is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U".
Both envelope channels and standard trading channels are important patterns for a trader when seeking to identify and place profitable trades from a saucer formation.
Typically, traders will want to buy the security or buy call options on the security at its lowest price in order to obtain the greatest profit from an up-trending saucer pattern.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts
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