this trade was taken for a long as soon as it passed the first break-out zone that was fixed by looking at the support and resistance zones that were set and once the target zone was crossed the force that it went was so fast that it hit the resistance zone in no time but what was predicted that it would cross the resistance zone and shoot out bullish didn't...
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Hut Pattern
📌 Symbol/Asset: IGL
🔍 Description: Stock is around the support. We can see huge bounce from hereon.
350-370 is the strong multi year support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Asian Paints is in a consolidation since 2 years.
Pattern formation : Symmetric Triangle.
Stock has corrected almost 25% from its highs.
Support Area is coming around 2850-2900
Targets are coming around 4750-4800
Breakout of Inverted Head & Shoulder completed on Daily Time Frame.
Long Position can be initiated.
Stop Loss for the Long Position will be 475 on Weekly Closing Basis.
Current Price is ~441
Currently trading near support levels.
It is also forming W Pattern after recent down trend and now it may start upside move soon.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: LALPATHLAB
🔍 Description: Stock has given a breakout of Head & Shoulder pattern and now retested the neck line. So its very likely stock will bounce from the neck line and we cann see momentum on the upside !!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Brodening Pattern
📌 Symbol/Asset: OBEROIRLTY
🔍 Description: Stock has given the breakout of pattern. We can see huge upside from here on
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
#prsmjohnsn #flagpattern #breakout
Prism Johnson (Weekly) : Breakout Candidate
>> Short term (1-3 Months)
>> Good Consolidation after a Impulsive Move
>> Flag Structure Visible, Breakout will give Good Upmove
>> Good Weekly Volumes Spurt
>> Good Strength
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis &...
DAILY CHART ANALYSIS OF NSE:MONTECARLO
The Diamond Bottom pattern, also known as the Diamond Reversal pattern , is a technical chart pattern frequently used in technical analysis to identify potential trend reversals in financial markets, such as stocks, forex, and commodities. It is a rare pattern and is considered a reversal pattern, indicating a potential...
