๐ #OnRadar
#SagarCem (Sagar Cements Ltd.)
Inside Bar Reloaded: 5 Years of Silence Before the Storm?
CMP: 264
๐ Technical Structure (For Educational Purposes Only):
The stock has formed a repeating #InsideBar pattern, a price action setup often observed during consolidation phases.
๐ Pattern History:
๐ Previously, the stock consolidated for 9 years within a defined Inside Bar range (also called the #MotherBar) before giving a +240% breakout move.
๐ Currently, it's again consolidating for the past 5 years within a similar Mother Bar structure.
๐ Key Levels:
Inside Bar Range: 128 โ 319
Breakout Level (Above Mother Bar): 319
Pattern Projection (If Breakout Happens): ~510 (Range Projection)
๐ Observation Note:
While history doesnโt always repeat, price structures like these are closely watched for signs of momentum post-breakout.
โ ๏ธ Disclaimer: This is not a buy/sell recommendation. Shared strictly for educational and observational purposes. Consult your financial advisor before making any investment decisions.
#TechnicalAnalysis | #ChartPatterns | #InsideBar | #MotherBar | #PriceAction | #LongTerm
#SagarCem (Sagar Cements Ltd.)
Inside Bar Reloaded: 5 Years of Silence Before the Storm?
CMP: 264
๐ Technical Structure (For Educational Purposes Only):
The stock has formed a repeating #InsideBar pattern, a price action setup often observed during consolidation phases.
๐ Pattern History:
๐ Previously, the stock consolidated for 9 years within a defined Inside Bar range (also called the #MotherBar) before giving a +240% breakout move.
๐ Currently, it's again consolidating for the past 5 years within a similar Mother Bar structure.
๐ Key Levels:
Inside Bar Range: 128 โ 319
Breakout Level (Above Mother Bar): 319
Pattern Projection (If Breakout Happens): ~510 (Range Projection)
๐ Observation Note:
While history doesnโt always repeat, price structures like these are closely watched for signs of momentum post-breakout.
โ ๏ธ Disclaimer: This is not a buy/sell recommendation. Shared strictly for educational and observational purposes. Consult your financial advisor before making any investment decisions.
#TechnicalAnalysis | #ChartPatterns | #InsideBar | #MotherBar | #PriceAction | #LongTerm
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.