ICICI Securities given double bottom formation on chart
breakout level is 577
if price sustain above 577 there will be more up side in stock
you can place target up to 734 after
This breakout level is resistance which will become support after breakout
once it break 577 price will suddenly rise after it may be some profit booking for intraday traders those who...
NSE:RHIM is forming symmetrical triangle at the top. Breakout can be either side. After the breakout the trade can be taken depending on the side of breakout.
All analysis is presented on charts. Added to watchlist.
To understand higher timeframe structure you can see below
Currently stock is consolidating as can be seen on the chart. The buy opportunity will present after strong bullish closing above 84 levels with good volumes.
Due to the monthly trend line i think tgts of 90 are more likely. At least price is...
Wait for the breakout and trade both side move will be very powerful
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
