Key highlights: 💡⚡
📈 On 30Min Time Frame Stock Showing Breakout of Double bottom Pattern .
📈It can give movement upto Breakout target of above 1780+.
📈 Can Go Long in this stock by placing stop loss below 1730--.
📈 Breakout this can give risk:reward upto 1:4+.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
Review the " Leading-Diagonal ": As you know, Leading Or Ending Diagonals one of two types of motive waves, the other being in impulse wave. The Leading Diagonal is a terminating wave pattern that is form the 1st wave position of impulse waves or as wave A. This is an example here live - SUZLON. We have an Leading diagonal in the 1st wave position of an impulse...
ALEMBICLTD:- keep on eye at crucial level. short term target 111.45
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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