Consolidation , Re-test Price above 20-50 weekly target 23-35
indowind was created a symmetrical triangle . it was a bullish run continue in next week.
Cup n Handle Monthly BO on Indowind chart. Recommend to buy at trendline BO . Hold till Target. Keep SL on closing basis of monthly candle - SL is mid of Nov candle
Highest monthly close is around 170 and all time high is 217. If anyone bought keep holding and can add more if consolidates. On monthly charts there was consolidation of around 10 years. Last time recommended at 3.5 levels, now 13...multifold returns!
Penny Stock - Trading near bottom range of Expanding Triangle pattern. If any +Ve pullback near trendline then buy.
FRIENDS , I AM A FOLLOWER OF PENNY SHARES TOO ... THAT'S WHY I AM GIVING MY FIRST VIEW ON A PENNY SHARE NAMED INDOWIND ... CURRENTLY , IT IS FORMING A SYMMETRICAL TRIANGLE AND NEEDS A BREAK-OUT FOR MOVING UP ... SO CONSIDERING ALL THE TECHNICAL FORMATIONS , RESULT IS : (1) IF IT GIVES A BREAK-OUT IN UPPER SIDE , TARGET WILL BE OF 6.6 Rs. (2) IF IT GIVES A...