Rounding bottom pattern - strong breakout
Buy @ CMP
TGT - 3665
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We...
it is trying to retest its all time high.
it was moving in channel than breaking down ,
it made bottom formation .and now trying to reach
all time time high.
will it make rounding bottom and break out or cup holder pattern??
will it renter in channel and upmove if after breakout ??
will observe .
decide on ur own.
Buy Above 3048
For The Target of 3660
This is only for educational purposes Please don't Try Intraday Or Margin Trading. If You want to try Only Trade in Delivery (CNC) Keep Some Patience, Wait for the target. Thank You.
Reason of Trade:
1. Volume Spike
2. Channel Pattern Breakout
52 WEEKS HIGH STRATEGY
Is a 52 week high good?
The 52 weeks high or low is really just useful in trend identification. If a stock is at its 52 week high then its trend is positive. If a stock is near its 52 week low then its trend is negative. Momentum investors try to buy with the trend and the 52 week high is a convenient way to define its direction.
...
CMP: 3502.2
SL: 3304
Long-Trendline coming for B/O; Also, Cup breaking
Tgt-1: 3662
Tgt-2: 4266.75
(Medium-Term)
After consolidating at bottom Fibbo levels, making HH-HL
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The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be...
