Double bottom chart pattern is formed in weekly time frame with support at 58.5. There price action is supported by volume also as there is spike in the volume as highlighted. If the price closes above 131.25 followed by confirmation candle then target 1 would be 172.4 using Fibonacci retracement tool. Disclaimer:- Please always do your own analysis or consult...
Stock showing good strength. Quarterly results are good too. Not much data to the left side. A probable VCP pattern breakout on good volumes. It's sailing above all its key moving averages too. Stock sustaining above 103 for two weeks now. Now, 103 shall act as support. 137- 182 are the levels that can be tested over the long term. Disclaimer: This is...
In this technical analysis, we will delve into AVONMORE's chart to assess its recent bullish breakout, strength on the Relative Strength Index (RSI), and significant buying pressure. We will focus on the technical aspects to identify potential short-term trading opportunities. Please note that this analysis primarily emphasizes technical indicators, while...
# chart analysis Avonmore Capital & Management Services is engaged in the business of financial Activity.
Invest 15000-16000 for 1000 shares. Hold till december
chart is forming saucer pattern , seniors please tell whether it is correct or not