The stock recently broke out from an ascending right-angle triangle pattern on the weekly chart, and this breakout was accompanied by notable volumes. The pattern suggests a potential continuation of the upward trend. Traders may find this breakout, especially with strong volume support, as a promising signal for potential bullish opportunities.
Buy above this level Details as per chart This is for education purpose only
This scrip has been choosen for short Term Pick as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
HB Stockholding BO with huge Volume after long consolidation, levels as mentioned on the chart.. Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Stock looks good above the price of (23.75) considering on the basis of weekly time frame with "Cup & handle Breakout" for the target of price (42.90). Buy with a stoploss below the neckline. Also analyze on your own. Happy Trading...
Weekly Chart Analysis: 1. Chart similar to NSE:XELPMOC, after long wedge pattern breakout...we saw strong bullish candles. Highest volumes also seen during last few weeks. Right now looks like it has absorbed all trapped sellers around 22 levels. Trading above its like time high. 2. Big Cup and Handle pattern formed on weekly charts. Just trading above its neckline.