TOOK 8 MONTH TO FORM THIS TRIANGLE PATTERN DEPEND ON THE BREAKOUT/DOWN BIG MOVE IS EXPECTED
#ADFFOODS CMP 249.95 After a month long H&S bottom formation the stock broke out in April with low volumes. Since then consolidating within a rectangle and is trying to break out of that pattern. RSI, MACD and ROC are all in uptrend. Primary target of H&S pattern: 270. SL: if it breaks below the rectangle at 230
Buy range 260-270 ( accumulate till 240) Target 280 300 320 340 SL below 230 CBSL For educational purpose only
Accumulate 308-317 Target 330 345 360 380 SL 284 below CBSL For educational purpose only, Not responsible for any loss
a nice trend continuation pattern. look to BUY the stock. expecting ard 150 bucks from here on, untill 3-6 months.
CMP 239 TGT 251,266,288 SL 225. This is purely based on Fibonacci Series. Lets see if it reacts at the retracement levels. Disclaimer: I am a novice at charting and this chart is purely for educational purpose. Views and opinions , especially of ppl who are good at fibonacci are welcome
cmp 274.85; accumulate between 260-275 stop for the view 250 Target 320/340