A clear downtrend breakout and cup and handle pattern formation in Happiest Minds. From these levels, it can give a 25-30% move upwards. RSI is bullish above 50 and ADX is above 20 in the daily charts. OBV is rising. Important indicators hint a big move. Even the Ichimoku cloud indicator has indicated a reversal of the downtrend. I think it is a good trade to be...
1. Breakout from 2 months base.
2. Retest done.
3. Near trendline breakout.
4. 50 EMA support.
5. Inverse H&S can form near trendline if price holds this level for next 2-3 days.
Buy above 737
With S.L. of 707
Targets :- 800/830/850
Hello, Trader and Investors, I am Adarsh Dadhe, I am a student and a part-time Trader also, I analyze well so come on the topic, we all should know that there is bull run in the market. In this bull run I searching some blue-chip company's stocks for trade, and luckily I found ACC then I analyze it, after that I see a super up-trend in day(D) time-frame and also...
APOLLOTYRE has given breakout from the downtrend resist line with good volume & now retesting the trendline & the support at 215 level.
This support level is a confluence of 50 EMA (4H)/200 EMA (1H) & Fib level 0.5.
On weekly (1W) TF, it formed morning star formation from strong support along with the golden cross (50 EMA crossing 200 EMA).
A possible long...
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material.
Nifty exactly following our project and you can also CHECK it here.
The price seems to move value low which has stronger support 11850 and 11825 nearby.
This support can attract the buyers and control price will be a target for them.
The better way to trade at value low with the tail if this is not breakdown.
We have to think for breakdown also...