How much loud and clear does one want the chart to be....
This is what we had posted on 26th June 2017
Retest of breakout zone and up again on confirmation...
This is what the chart observations were indicating and that is exactly how it panned out...retest of breakout line and zoomed all the way up above 600+.
We have plotted the chart on a 15 minute...
Plastiblends
Cmp 593
Observations from chart:
- the stock has given a breakout & has come out of ascending triangle
- consolidation phase within triangle is of nearly 10 months in 1st chart
- this is generally a low volume stock with occasional spikes in volume
- MFI & RSI are currently in overbought zone
-- in the short term, stock may retrace & test...
Hi All ,
I assume many members here might have gone through some Technical analysis Training programs , Be it indicators,Patterns ,Elliot/Neo wave , Gann Study or Trading psychological training (Online or Classroom session).
In case you if you have learnt it on your own than what books /online resources you followed?
Can You share (online link if...
IDFC BANK this is new bank but i hope that it will will defiantly cross 100rs. level but right now a strong pattern is form cup and handle in both weekly and daily chart and fibo retarcement is also showing some up move.
So i feel immediate target will be 65
second target will be 71
and final target from my side will be 83
Hi Everyone,
Nifty reached its resistance zone, from here we an expect some consolidation 8400 level. My suggestion wait and Enter long @ 8400 level Target - 8900
Seniors Tech Analyst, Please let me know can we call it a Channel Breakout? Even the latest candle has just crossed 200 Day Moving Average. Waiting for the suggestions from Seniors. Thanks.
