Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
AS PER MY PREVIOUS POST ON 28TH APRIL, PRICE HAD REACHED THE TARGET AND AN INVERTED H&S FORMATION IS OBSERVED.
ON FRIDAY, THERE WAS A PRICE INCREASE WITH ABOVE AVERAGE VOLUMES.
AS THE PRICE HAD CLOSED ABOVE THE NECK LINE (202), WE CAN EXPECT THE TARGETS OF 213 & 237.
MAINTAIN PROPER STOP LOSS.
Edelweiss 2 counts presented (alternate count in black). This points to a move higher towards 220-225. Currently tracing a probable triangle. Stop Loss: 182.90. Disc: Invested.
Edelweiss Financial Services Ltd. engages in the provision of capital markets, assets management services, commodities, life insurance, and treasury functions. It operates through the following segments: Agency Business, Capital Based Business, and Insurance Business. The Agency Business segment offers broking, advisory, product distribution and fee based services. The Capital Based Business pertains to treasury, investment income, and financing. The Insurance Business segment represents the activities of Edelweiss Tokio Life Insurance Company Limited. The company was founded by Rashesh Chandrakant Shah and Venkatchalam Arakoni Ramaswamy on November 21, 1995 and is headquartered in Mumbai, India.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
EDELWEISS
