strong prior move of 70%
4 weeks flat base with shakeout
flag pattern
volume contraction
pocket pivot last session with volume > 50 day AVG
good above 536
15 weeks base - a cup. yet to complete
3 pocket pivots in 2 weeks - indicating signs of accumulation and bullish change
very quiet volume thr' out base
good 2 quarters - eps growth
upper trendline break and sustain
SL - 187
TGT - 250 - 280
11 week base
3T VCP
Made a Pocket pivot 4 days back at 50 DMA. good sign
200 WMA is at 90 and 200 MMA is at 92. so will face a resistance there.
Good swing trade with good RR.
Entry - above 75
Tgt - 90, 100, 100
SL - 69
9 week base.
1st test of 50 DMA - chances of holding are high.
pocket pivot.
2T VCP - Volatility contraction pattern
Triangle breakout.
Need to break 160 level for strong upmove
14 week consolidation.
One red flag is - prior trend is lagging.
Forming a cup.
Not is 2nd stage.
Pocket pivot off 50 DMA.
Volume lookout is good.
TGT - 60-65 min.
19 weeks cup n handle.
shakeout done in the handle. it coincided with 50 DMA, holding.
pocket pivot just prior to BO.
nice volume contraction in a base.
up day volumes is higher than down day volumes withim base.
Tgt - 480 - 500 - 540
8 weeks cup n handle - 2nd stage base.
depth is little more - 32%
Strong prior uptrend - 375% from lows.
Pocket pivot formed today.
Its coupled with good fundamentals and promoters buying.
Its even at ATH levels......
11 week base - cup and handle
shakeout in the middle of base on weekly chart.
it changed character to bullish after breaking upper trendline.
then it gave pocket pivot on 20/11/20 off 50 MA which was also low cheat entry.
now it again gave continuation pocket pivot off 10 MA showing sign of strength.
Looking at 600 min and then even further
nice 15 week base with volatility contraction i e VCP. also a triangle pattern.
it broke upper trendline with pocket pivot.
volume shows good accumulation within the base.
good for 15-20% move with SL around 77-76
BSE is showing confluence of many factors a once.
1. Support from 200 DMA
2. Low cheat
3. Pocket pivot
4. Pullback and support from 50 DMA
Good swing trade.
good long 14 weeks consolidation of 20 % depth.
It's a flat base as per Marketsmith India. if so, its definitely ready for BO.
quiet volume thr' out base and contraction in handle.
Pocket pivot before BO. Good sign.
stock was in long consolidation of 18 weeks.
then first it broke the upper trendline with volume.
then it also broke out of range with volume.
Today it gave BO retest with continuation pocket pivot from 10 DMA.
