A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
JUSAT FOR EDUCATIONAL PURPOSE , Breakout seen in monthly chart of glenmark - huge potential in upside expected - 850/970/1250/1400 longterm targets
Jamna Auto was in a consolidation of 3.5 months. This consolidation was preceded by an impressive rally. The price gave an upward breakout to the consolidation on a weekly chart and closed at Rs.77.45 on Friday 21st May 2021. The breakout has huge volume support. I anticipate the price target of Rs.97 and the time frame of around 3 months to achieve the price...
Itc daily chart develop flag pattern this pattern shows up trend i think 3-5% upside at 20-5-2021
Go long in HINDOILEXP at CMP Weekly chart show inverted H&S for Target 157 ++. SL 90
buy above iff candle body crosses above 6.15, target as per chart, 15min,5min
Breakout chart Analysis of WINkLINK . Pattern Forming :- HR Triangle. Shows signs of Strong Breakout of the current bearish Trend.
Lupin Ltd. was in a consolidation since September 2020. The consolidation was preceded by an up rally. The price gave the upward breakout on a weekly chart and closed at Rs. 1196.55 with huge volume support. This formed the price pattern known as up-flag on the weekly chart of this counter. I anticipate the price target of Rs.1,600 and suggest the stop loss at...
Jindal Stainless (Hisar) Ltd. was in a consolidation since 27th April 2021. This consolidation was preceded by an up-rally. The price gave an upward breakout to the consolidation on 7th May 2021 and closed at Rs.180.90 with a massive volume support. This price behaviour has formed the price pattern known as Up-Flag on daily chart of this counter. I anticipate the...
Glenmark Pharma was in a consolidation since 20th April 2021. The consolidation was preceded by a rally. The price gave an upward breakout to the resistance line on 7th May 2021 and closed at Rs.591.50. This breakout was supported by massive volume. This formed the price pattern known as Up-Flag on daily chart of this counter. I anticipate the Price Target of...
HIGHER HIGHS LOWER LOWS CHART 2/2.5 MONTHS VIEW MAY SEES 101 TARGET UPSIDE TILL 127
Carborundum Universal, after experiencing a long rally went into the consolidation for 2.5 months since 15th February. The consolidation preceded by a rally formed an Up-Flag on the weekly chart of the counter. The price gave the decisive upward breakout on a weekly candle closing on 30th April 2021 and closed at Rs. 548 with a good volume support. I anticipate...
Moil Limited is making Inverse head and Shoulder Pattern in weekly Chart Investor with 6 to 1 Year time horizon can buy for T1 : 200 & T2 : 230
In monthly chart IDFC has breaken out and retested its trendline. Good long term stock to invest.
Ester Industries Ltd. was in a prolonged consolidation of almost 6 months. This consolidation was preceded by an up-rally. This price behaviour has formed the price pattern called Up-Flag on the weekly chart of this counter. The price gave the upward breakout on weekly chart for the week started on 26th April and ended on 30th April 2021. This weekly breakout...
CDSL was in a consolidation since 8th April 2021. The consolidation was preceded by an up rally. This formed a price pattern UP-FLAG on a daily chart of this counter. The price gave an upward breakout on a daily chart on 27th April 2021 and closed at Rs. 780.75. I anticipate the price target of Rs. 896 and suggest the stop loss at Rs. 759 to be followed for the...