If we take a look at weekly chart of ASAHI INDIA GLASS, it is going in smooth uptrend. In daily chart, it had formed double bottom pattern on weekly support trendline. After breaking out of this trend reversal pattern, the neckline was retested twice. While retesting the neckline, stock was forming pennant pattern in hourly chart. Today it came to apex point of...
Asahi India Glass Ltd. (AIS) is India’s leading value-added and integrated glass solutions company and a dominant player both in the automotive and architectural glass segments. Established in 1984, It was formed as a Joint Venture between The Labroo Family, Asahi Glass Co. of Japan and Maruti Udyog Ltd (now Maruti Suzuki India Ltd).
AIS provides end to end...
#ASAHIINDIA
CMP 470
Old idea once again price is near to our range
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The charts / Levels / Price projections are only for educational purpose.
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A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole).
A bullish flag appears like an upright flag on a price chart, with a rectangular price pattern marking the flag itself.
The tighter the flag, the better the signal is said to be.
