Just see BAJAJFINSV is showing up-flag chart pattern and in coming days it will show fantastic results, over-analysis is paralysis but all indicators are showing bullish move, it will soon gonna on a big bull run.
Head and shoulder Breakout
Buy at Cmp 110.85
Price Target -150
Time target- 114 Days
Price Target calculation - height from Dip to neckline 62 points move, Same move is expected after a head and shoulder breakout.
Head and shoulder breakout at 80 Points So ,80+60=150
Time Target calculation - Length of Head of Shoulder pattern which is 342 Bars. So Time...
IOC is showing Up Flag pattern which is a Bullish pattern with a nice breakout with good volume.
Target around 470
Also MACD showing a crossover 4 candles before the breakout
(this is just for study purpose, PROs please advice)