PARACABLES
PARACABLES: Triangle BO neededPARACABLES is hovering at the support and it can consolidate for a few days and it can jump from the support. Targets are marked on the trendlines. If someone requires a SL in Cash stocks then you may follow DCB (daily closing basis) below the triangle.
NOTE: I'm not a SEBI REG. Study before investing.
#ICEMAKE 81.40 #Target 96(15%+) #stocks #banknifty #itc #HLVLTD#ICEMAKE
NSE: ICEMAKE
CMP 81.40
Target 1: 88
Target 2: 96
SL 74
RR Ratio > 2
Time Frame < 45D
Factors:
Inverted Head and Shoulder Pattern
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia