15 weeks base - a cup. yet to complete
3 pocket pivots in 2 weeks - indicating signs of accumulation and bullish change
very quiet volume thr' out base
good 2 quarters - eps growth
upper trendline break and sustain
SL - 187
TGT - 250 - 280
Auto sector is super bullish in the last few days. Now, we have a slightly late entrant in the sector with a cup and handle breakout.
Today's candle is a big breakout candle and signals a good entry. With the stop loss below the today's candle i.e. 109 points below for a target of 1:2 of 215 points.
Kindly note that this is not a recommendation and only for...
I am waiting to see it in Uncharted Teritory😎✔️
Expecting a reversal from the current level.But need to stay Nifty postive.
Risky players can enter @current level
Others can wait for the Cup and Handle Breakout.
✔️ Anytime we can see a massive movement in the stock
Reasons for this Stock Selection ✔️
💎The stock was strongly accumulated between 40-50 range,u...
since march 20021 stock attempted two time two break zone of 835 to 862 level..but failed
price fall from 835 to 663 ,,but with less volume .
see the markup volume in the chart ..i called this green volume bar ( elephant moves). that is someone buying this script at lower level near 630 to 700
and selling at top near 850 -860 range.
STRONG SUPPORT- 750-...
It's the analysis of MCX NATURAL GAS. It forms a Cup and Handle. It gave a breakout with conformation.
When it forms a cup and handle, wait for the conformation with Indicators. Also it gave good breakout from a trendline.
Comment your opinion about my analysis...