Is it the first sign of top formation in HAL. parallel channel upper edge is touched from the bottom. Monthly candle is also doji, follow through will be interesting to watch
In last 4 year after giving good run up it is not distributing by forming head n shoulder any closing below the channel would be selling
Wyckoff Bearish Distribution Schematic #1 Price has been overbought since Feb 2024 31st May and 4th June movement was first indication of the bears
JUBLPHARMA started from 2004 and formed wide long parallel channel It has bounced without breaking 211 now it is ready to hit upper edge of the channel in 1.5 yrs
SKFIndia After consolidating for 1 yr and bounce from previous year low it has started new and final journey towards the bull run which was started after covid.
Flag formation on weekly chart after consolidation is a good sign. With a time horizon of 2 yr this may be a good oppurtunity to go for bulls.
930 crossing in dec 2023 was a good breakout which was acting as supply since April 2021 Thought 1000 is past now still if it correct and hits 1200 then it would be good chance for bulls. Keep 1.5 yr horizon for investors
Copper has given good run up in past 10 months. now is the time for take a breadth and do some sideways movement for few months then take up the next up move. 790 - 760 may not break during this retracment
It has been moving very well inside the parallel channel since past 14 yrs. After consolidating past 4 yrs, it is now preparing to create new ATH
bearish triangle breakout. looks like someone was already aware about sugar level in food. more bears to come
after completing wyckoff accumulation bullish pattern, stock has shown weakness to sustain at higher level. as of now it is in sideway range. Once 810 level is broken it may try to form "M" pattern Lets wait and watch if this pattern is completed successfully I do expect it to take minimum 3 months
Triangle formation done in CHEMPLASTS above 520 it may give good upside of 50% RR ratio is at 1:3
above 820 closing basis may be good entry. considering 755 stop loss on closing basis it may try to test supply around 970