Price - 833.10 Dt. - 11.06.2021 Yesterday, the stock broke the trendline with near-average volume and today it took support at the trendline and moved back. The stock closed in red but it gave closing above the trendline which shows stock can still move upward. Stock is above the 21DEMA and 50DEMA, in fact, 21DEMA is ready to cross the 50DEMA from below. RSI is...
IBULHSGFIN: NSE, 281.80 CMP :) Looking good for long term as breakout is there and with ascending triangle formation :) Huge Volume support :)
SMS life science has been doing quite well for some time now. After the earlier gapups formed back to back in Sept 2020 , the gaps were filled subsequently and it has been forming a type of penant. The numbers are going to be announced on 7th of june i.e tomorrow and caution should be maintained if the trade is executed. A good chance that the stock should...
* Ascending Triangle Chart Pattern Breakout in BPCL .
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times. Time: 12-15 Days
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times. Regards @MohitArora
* Inverted Head & Shoulder Chart pattern breakout in weekly chart with extremely high volume .
Price is near its all time high resistance, look for long opportunity if price breaks above the resistance with momentum candle and high volume. - Price approaching ATH resistance level with momentum candle and high volume, shows bulls are powerful here. - High delivery quantity. - Increase in FII holdings (15.94 to 17.16).
An inverted hammer is a BULLISH signal. It is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. The inverted hammer looks like an upside down version of the hammer candlestick pattern, and when it appears in an uptrend is called a shooting 🌟.
* This made a inverted head & shoulder chart pattern base and breakout with extremely high volume in daily chart and before the breakout of IHS pattern stock also made box pattern . Multiple chart pattern breakout at a time gives more confidence for bullish view .
Bearish bat With PRZ = (992 - 996 ) Do share your view #KEEP THE CHART SIMPLE
* Inverted Head & Shoulder Chart Pattern breakout with high volume .
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 4-6 times.
* Pullback after breakout with low volume is a sign of bullish .