Triangle breakout pattern in Force Motors Ltd.. Also bullish MACD crossover
Force Motors- Cup and Handle Breakout Projections 2280
Wick rejection is observed multiple times from all time high, investors should look for a weekly closing above mentioned zone for long side opportunities. P.s A news might fuel rally in this scrip
It was given last week at 1274 levels Now look at it its skyrocketing It has much more to go Hold tightly
Its a bouncing back back fromy exactly the 30% of fibonachi levels Its took support on 200 Ema Previously volume was huge at this level Support is also there
Simple trend reversal pattern identification. Pattern preceded by Down trend Pattern location is very important for pattern to workout. here pattern is formed exactly at the breakout level. So chances of pattern to work out. Never follow patterns in isolation, combine other things with it. Breakout candle is having a wick, so have a cautious approach. Check...
NSE:FORCEMOT Cup handle pattern breakup with huge volume , after breakout retracement completed ,now again ready to go up with the target of 1560
A multi-bagger can be accumulated at CMP with SL 1050.
Perfect head and shoulder !! watchout for breakout !!! (study purpose only)
Above the breakout of the pattern I expect a return of 27% within 3 months unless the pattern weakens due to Nifty correction or any other global factor. .
It has given Rounding Bottom breakout on the daily chart. All oscillators are in bullish bios. The increased delivery volume also confirming the same. We can expect price movement up to 1375 in the near term.
A Bullish Engulfing Pattern has been formed on the counter of FORCE MOTOR. Keep Close Watch.
One can look for Booking their holdings Near forecast Level , in upcoming days
Previous highs should act as support now.