SW Solar is looking good at this region and is holding above support zone (350) for 8-10 trading zones.
This looks good accumulation zone for long term investment.
I'm not SEBI registered analyst, this view is only for educational purpose.
The stock formed a double-top pattern where distribution came into play followed by a markdown phase.
Sequentially, considering the double-bottom formation at the trend line's support associated with higher than average volume, we are in the accumulation phase for the stock.
It is a good opportunity to take a long position for the swing trading at CMP; SL-...
Sankara Building Stock is about to complete Accumulation stage and move into advancing stage which is bullish trend. Also, Cup and Handle Pattern formation is expected to complete in few months which is also a bullish pattern . So the stock has potential to go up for next couple of years. Suggested buy for long term.
Please check the chart for details. Mentioned...
Ada is in complete accumulation phase.
Accumulation is to collect or increase the amount of something. Accumulation can refer more narrowly to increases in the position size of an asset that is built up over multiple transactions. Accumulation can also refer to the overall addition of positions to a portfolio.
In technical analysis , accumulation points to a...
Stock has given clear inverse head and shoulders pattern breakout over the levels of 400 on the weekly charts and has confirmed it with the following bullish candles. Stock can definitely be accumulated for a good long position on the lower levels with the stop-loss of 400 for the targets of 600.
Shares is now at accumulation zone
one can Wait for the upside breakout
Targets and Sl is mentioned in chart one can modify as well
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RBL Bank breakout but it is in Acuumulation Zone. WE need to keep a watch on this stock as for 2 months it has been into accumulation zone. it has some hurdles to reach to 140, but once it reaches 140 it will be ready to fly, So keep this stock in your watchlist.