Weakly chart analysis
• life high treading
• keeping 400 Stop loss.
• 580 technical target.
No recommendation for buy and sell
I'm a student just sharing knowledge
ABOUT Shyam Metalics
It's a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. The company is one of the largest producers of ferro...
The stock breakout Inverse Head & Shoulder 3 session before with good volume. RSI just shows above 60, required to remain above 60.Bullish cross Over in MACD & On Last session Close above Ichimoku Cloud.
Buy above 300
CMP-299.85
Terget-352
Stop loss-280
Happy Investing
As you guys can see in chart it is forming "Ascending Triangle" in Weekly Time Frame which is bullish pattern and if this week candle does not break this triangle than it has probability to break triangle in upside which is very bullish and we have 3 days left for weekly closing, we have to wait if this weekly doesn't break than next weekly candle most probability...
The bullish or Bearish flag pattern works in a very good way. Here in the chart of SCI daily timeframe, the pattern has given a breakout and can go for the target of 120.
This is only an analysis of mine, this is not a recommendation to anyone. Do your own research before entering in any stock.
Reliance up trend and some time side ways not continue next day and up and continue chart pattern next level date 10 oct. in 2500 and sideways continue
