Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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 before taking any trade.
Here is an interesting one. One of my favourite thing to see in a chart is one formation leading to the development of another formation.
Here, on the daily chart, Prince Pipes formed a perfect Flag and Pole Pattern with higher volume in pole formation and lower volume during Flag. It gave a breakout of this pattern and retested the level. In doing so it formed...
Cup & Handle pattern, Head & Shoulder pattern formation in Princepipes. Add above 700 for a target of 760 & 800. Trade with strict stoploss of 651.
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions
The chart is self explanatory.
The share is retesting its previous resistance after giving a breakout - Healthy Bounce with Morning Star and sustained Volume levels
Expected Upside movement if the price manages to break its recent high after breakout.
This is not a Financial Advice. It is only to be used for Learning Purposes.
Thank You :)
PRINCE PIPES IS A FUNDAMENTALLY STRONG COMPANY
CHARTS SHOW HIGHER HIGH HIGHER LOW FORMATION
SHORT TERM TARGETS OF 650+
MEDIUM TERM TARGETS OF 750+
LONG TERM TARGETS OF 1000+
BUY AND FORGET !