Stock has given a nice thrust out of a triangle. Super move
Flag pattern in forming,will enter the trade either side if it breaks trendline on support. Although the breakout should be supported with high volume as it is formed in daily chart
Will be keenly watching this triangle break out.
Structure is looking hot. Currently facing resistance around 200 SMA & minor hurdle is around 4425 which once crossed we can see accelerated momentum towards 4800-4900 levels. Keep on radar guys.
PGHL showing signs of reversal and migt hit 4100-4200. 200 DMA might act as a strong resistance. Disclaimer - Please do your own analysis before initiating the trade
here we will have two zones a safe to trade and red one that show the market will keep going down. I will update here
Expected volume activity near term. Fib 50% retracement completed ,price may take support of that level and more up
If break this wedge pattern on upside it is good swing trade & must take it This is also a flag break out on upside which also confirm upward move. RSI also took 40 support daily time frame, Price if break out it will come out form support zone. Risk Reward 1:1 which is not good
inverted head and shoulders pattern positional Trade - 6%-10% return Possible
buy on every dips Target:4600/4900/5400/6000 csl: 3600 time frame: 12 month for 6000 rs note: earlier it was known as merck ltd.