Stocksignals
Double bottom pattern breakout in MPHASISMPHASIS
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2030+.
✅Can Go Long in this stock by placing a stop loss below 1785-.
IBULHSGFIN: Change of trend1.A quick momentum can be expected with fresh breakout
2. If Price sustain then we can see new highs in coming days
3. Price is at bottomed support
4. Stock trend is in line with market trend
PRESSMN: Very bullish structure1. Big rounding bottom pattern
2. ATH breakout
3. Risk reward is 1:6+
4. Best entry triggers at retest
5. 5 years Breakout (probability for 2-3x returns)
BIOCON: from swing to positional both set up appears on it1. False breakdown to trap sellers and price is back to above support
2. Have been in downtrend from a very long time, so a good pull back can be seen for swing trade perspective
3. If hold for long term, then considering the SL below the support and target at ATH, risk to reward is very lucrative.
Falling wedge pattern reversal in tata consultancy services ltdTATA CONSULTANCY SERVICES LTD
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 3180+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 3600+ .
✅ Can Go Short in this stock by placing stop loss below 3070.
Wedge pattern breakdown in WHIRLPOOLWHIRLPOOL
Key highlights: 💡⚡
✅On 2hr Time Frame Stock Showing Breakdown of wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1230-.
✅Can Go short in this stock by placing a stop loss above 1310+.
✅breakout this can give risk:reward upto 1:7+.