It has been observed that the price action powerfully breaks above triangle pattern formation while forming a strong big green candle stick with no wick at bottom, also indicative of a strong buyers control over price action. Now, it shall further move up to make new all time highs. T1- 1875 T2-1900 SL-1810
It has been observed on the Weekly chart that the price action breaks above the strong resistance zone of 830-35, which now indicating a new all time high and also shall further move up. The company has been working well with strong growth, which also eligible for investing. Target1: 855 Target2: 865 SL1: 830
1. Stock is trading at All time high, breaks out multi year resistance. 2. Stocks with these kind of break out will generally double in few months. 3. Company had announced its Excellent Q1 numbers recently. 4. This stock is good long term bet. Note: Please do your own analysis before taking your position. Happy investing.!
It is been observed on the daily chart that the price action forms a descending triangle shape pattern which is counted under a flag pattern due to it size. It is also been observed that the price action is breaking out from 83.50 levels, which is ALL TIME HIGH LEVELS. Therefore, the price action indicates strong positive sentiments, where buyers have full ...