SHAREINDIA Rising in Silence !!!!As the title states , SHAREINDIA has steadily shown a breakout
of cup and handle pattern with accumulating volume without
facing much resistance at its neckline.
RSI is also showing a uptrend with higher highs again
a positive signal.
MACD is also maintaining its strength.
SHAREINDIA trade ideas
Share india a great example of Growing stockThe company has been performing really well, Financials has been showing great growth, the stock has crossed its 52 weeks high on last week with strong volume and it is been on a rally since its IPO, with the growing performance it is a nice pick for short term swing
SHAREINDIA(Sector - Finance & Investments)
- Consolidation Breakout.
- CRS Breakout.
- Good Volume Activity during breakout.
- Good Accumulative Delivery of shares.
- Consistently increasing Quarterly & Annual Numbers.
- Stock in uptrend since listing.
- Took 20% Breather after a 208% up move.
Worth keeping eye on
