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
Stoploss: 720
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...
It is been observed that the price action consolidating in a corrective channel on hourly chart and now, it has broken above the downward consolidating channel indicating further move up.
Target: 690
Stoploss: 660
Risk Reward: 1:2
It is been observed that the price action formed a descending triangle and now it has broken and closed below the triangle support levels of 860, indicating further bearishness ahead.
Target: 836
Stoploss: 891
