An Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:SHREYAS Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on...
SHIPPING CORPORATION cmp 140 stock is ready to give nice breakout in coming weeks. one can enter with 25-30 % allocation of desired budget for this script. Range is between 124 to 145 once stock start to sustain above 145 we may have more confirmation to add more qty purely positional trade idea
SCI will soon break the flag and start upwards move
Technically Sound to go up at bottom of Uptrend channel. Oversold past few months. Buy only after huge Demand and Retest around 300. Fundamentally, Good outlook to produce profits as Crude oil shipping has seen increasing demand with backbone of Manufacturing requirement output higher than 2020. Risk Within your apetite only!
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
Symmetrical Wedge Buy Above 86 (Best If Weekly Close) Strict SL - 67.5 (WCB) Target - 127/150+++