ITC the 'rising giant' is showing its heroic move with very
much similarity as the 'Puspha' character, who was misunderstood in the
movie as inefficient man and same here 'ITC' was assumed as slow mover but
now it has changed everyone mindset with a strong move.
ITC has formed rising three method pattern in daily charts after a breakout
which is a positive...
#Divislab Long (30 Mar)
Rising 3 candlestick pattern at resistance
Buy at CMP- 4590 or at 4550
Target- 4732, 4950
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Skipper on crucial point to move up
Crossed above 200MA
Rising three methods candlestick formed on weekly chart : Rising three methods is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that trend.
Buy only if it cross support zone and up trend line above 98 for handsome profit.
if it fails to...
It is been observed on the daily chart that the price action firstly breaks above the downward trend line on daily chart indicating a strong bullish move. Then, it retraced back to the downward trend line with three candles hiding behind the big green candle. This is also indicative of the possible "Rising Three Method" formation. Overall, it is indicating a good...