Head and Shoulder forms in an uptrend. It is a reversal pattern. chart is self-explanatory
Inverse head and shoulder forms in downtrend and it is a reversal pattern.
Easy trip was in consolidation phase from march to may and from last 1 month it has shown great momentum, this momentum might continue with ease in travelling and less corona virus cases in India on a daily basis.
NSE:HINDALCO Hindalco can make a new 52 weeks high in coming days. Looking good for short term.
Power Grid can make an all time high in coming few weeks, watch this stock.
With India recording lower cases day by day and peak of 2nd wave left far behind, entertainment stocks like PVR can show some good uptrend in coming months.
SYMMETRICAL TRIANGLE Clearest Symmetrical Triangle formation you will ever see. Multiple rebounds from bottom and top trend lines. Trading within the pattern. Symmetrical Triangle is a Bilateral Pattern, i.e. can go either way. Therefore, Technical Analysis needs to be supplemented by Fundamentals to assess more likely outcome.
NSE : HINDALCO,1D Breakout possible @390 levels :) Wait for more volume :)
prefer selling...
This is a stock to watch, can go to 120 levels if it gives upward breakout.
This is Just for Learning Purpose Observation Breakout Above 445 on closing basis with Volume can take it to 550
Lets start this week’s chapter with the story of “rabbit & tortoise” Rabbit & tortoise decided to have a running race. Race 1 : In between the race rabbit slept & tortoise won. Moral of race 1 : You should take continuous efforts to become a successful trader. Race 2 : This time rabbit did not sleep and won. Moral of race 2 : No strategy will work 100%. Accept...
A bullish flag patter shown in chart and bullish candle with volume