The weekly chart of Max Health Care Cleary Shows a Symmetrical Triangle Breakout.
Breakout happened with a good volume bar.
The stock can touch app 480 - 500 as per the pattern. However the stock is in an uptrend.
So even when the target is achieved one may hold the stock with trailing stop loss.
The dly chart of Tata Elxsi shows a resis at 6099
A valid brkout abv it is likely to take the prices on the upside.
Can touch app 6600 - 6700
However is prices continue to move abv 6750.......it will likely carry on the upside.
The stock has been in bullish momentum and this brkout may prove to be yet another entry point for those who missed the previous bull...
The weekly chart of SRF clearly shows the breakout of a bullish flag pattern.
The stock is likely to continue its upside.
Buy on pullback app 2550
Add more qty near 2270
Tgt app 3000 - 3100, 4000 - 4100, 4100 +++
One thing to keep in mind is the difference between a crash and a correction. After a correction, the price always rises. It's important not to confuse every correction with a crash.
It all about making money out of it.
STOCK MARKET DROP
DOWN-5% PULL BACK
DOWN-10% CORRECTION
DOWN-20% BEAR MAKET
DOWN-50% CRASH
Oracle Financial Services Software has given Brkout of an Inverted Head & Shoulder Pattern on Weekly Charts.
Stock looks Bullish as of now. Till the time 2880 is intact on Weekly basis.
As per the Dly chart of BTCUSD,
A Bearish Pennant Break Down can be seen & a further break down below the next support can lead to further downside.
Keep Watching.
The US index Dow Jones has formed a Cup & Handle pattern on hourly charts.
Breakout is awaited.
A valid upside breakout will lead to further upside but previous swing high may act as a supply zone.
Hindustan Copper has given a Cup & Handle pattern Breakout on Weekly Charts.
But its facing a near resistance app 43.
Valid Breakout above the resistance can lead to good upside on the stock.
Trade as per price action.
Tata Motors on a Daily Chart has given Symmetrical Triangle Breakout.
However 155 - 160 can prove to be an obstacle in continuation of its upside.
Valid Breakout above these levels will lead to further rise in prices.
Zydus wellness has currently formed a double top pattern on weekly charts.
A valid breakout above the top will lead to further uptrend and one may witness levels of app 2300, 2600 , 3000
Trade as per price action.
Bank Nifty on the daily charts has broken pitchfork resistance but pushed back by daily resistance.
A Valid Breakout above the daily resistance will lead to further uptrend.
Trade as per price action.
