IT IS TRADING BETWEEN TREND LINES ONCE IT CLOSES ABOVE UPPER LINE TARGET IS GIVEN FOR LONG AND IF IT COMES DOWN FIRST TARGET FOR SHORT IS ITSELF TREND LINE AND 2ND IS ALSO GIVEN WITH ARROW GOOD LUCK
NOTE: TRADE AT OWN RISK
Entry should be above 450 if sustains
Rest mentioned on the chart.
"Idea by MALKIAT SINGH"
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It is been observed that the price action is consolidated within a triangle formation on the daily chart and now the price action breaking out from the triangle indicating strong bullishness and buyers dominance over the price action. Buyers shall further take price action higher and continue the trend.
Target 1: 760
Target 2: 780
The stock is forming Irregular Head & Shoulder pattern with 4 Shoulders and 2 Head and is close it to be traded. Irregular Head & Shoulder Pattern works well mostly so get ready to take advantage of it. Close above 721 would trigger the trade with suitable stop loss. Please note that it has not triggered the long yet I am posting just because I am going out for a...