1. Made an All Time High in 2018, stock fell from there
2. Formed an Inverted Head and Shoulder (IHNS) pattern over a period of 2 years on a Weekly chart
3. Breakout from pattern with high volumes
4. Pattern's Neckline at 257 has been retested over a couple of weeks with decreased volumes
5. Stock rising again after restesting breakout level
6. Huge delivery of...
After a good consolidation. The stock has given a fresh breakout.
Good volume activity at the breakout level. RSI too gave breakout
Everything looks good to go. Ready to outperform.
600 level will act as support.
SL *560 *510
Target *890 *1190
Manage your Risk
You never know what kind of setup market will present to you, your objective should be to find an...
This has Perfect Flag breakout and Inverse head and shoulders pattern getting formed.
Inverse head and shoulders pattern are usually seen at bottom of the trend and are strong.
Long near 250 SL 205 target 400-500 and beyond
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research....
"Wait for a Decisive Breakout"
This is the Part 2 of Trap or Opportunity.
Stock is forming Inverse Head and Shoulder and on the right shoulder having huge volume expansion (all 70%+ Deliverie volumes)
Stock is at Major Resistance
Market Capitalization of this stock is just 124 Cr
This trade is Highly Risky but has a good reward
Q4FY21 revenue/EBITDA at Rs 7.8/ 5.5 bn were largely in line with our estimates (Rs 8/5.4 bn) but above consensus (Rs 7.7/5.2 bn). Advertisement revenue rose ~7% y-o-y (-11% vs Q4FY19), weaker than peer Zee (~9% y-o-y, -8% vs Q4FY19). Subscriptions rose ~7% y-o-y. But, DPS of only Rs 5 (~13% payout) in FY21 vs Rs 25 (72% payout) in FY20 and no buy-back...
MOIL Limited has reduced prices of Manganese Ore and other products by 5% from May 1, 2021.
“In line with the business practice of fixing/revising prices of Manganese Ore and other products, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from May 1, 2021, as under,” the company said in a regulatory filing...
An Inverted Head and Shoulders pattern broke out and retested itself inside a bigger Inverted Head and Shoulders Pattern.
The same move is expected on the bigger pattern as well.
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