Quick heal is at really crucial level in chart .If it gives break out the price might shoot up.
Retacement after the strong breakout. Now we can see a Pullback from Demand zone if see any bullish candle pattern on demand zone
Retracment after a strong breakout. Now we can see a Pullback from demand zone
for swing and positional buy above 158 or in pull back till 147 target 172, 190, 200
Price exactly after 1 year time breaks the resistance levels with strong bullish candle. If interested buy small quantity shares. 175 levels will act as next resistance levels if this breakout sustains and closes strongly above this levels.
Note: This is for educational purpose only. There seems to be a triangle bullish breakout with high volume. RSI is above 60 which adds to the bullish momentum.
will like to see it deep red upto even 1040 levels soon !!!!!!] will that be possible with stop loss of 1089 ...! need to check
i expect the stock to retest lower levels of 280 , 260 ! lets wait and watch !! short term ups and downs comes and goes !
This is the Chart of Quick Heal on the daily scale, A falling Wedge pattern did appear and the Prices breaks out downward. Though Falling Wedges patterns are supposed to breakout upwards, but here it breaks out downward. This pattern forms over a period of approx 6 months. Break out came with a gap , hence signalling price may go down further. Support for the...