hemantjantora

chart patterns

Education
NSE:SUNPHARMA   SUN PHARMACEUTICAL
Please find different types of chart patterns
1. Pole and flag chart pattern - it is a continuation chart pattern. In uptrend when prices when up upto level then prices got consolidation for some time and again shoot up further. Similarly in downtrend as well.
2. Cup and handle chart pattern - it is a bullish chart pattern. It takes time to form in shape of a cup and its handle. Handle vertical length should be less than half of depth of cup. It is also called multibagger pattern as it gives multiple targets and each target is equal to depth of cup.
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