shalby forming head and shoulder breakout on weekly time frame can go for buy above 135
shalby chart analysis for intraday and swing trading
Shalby 123.80 #Ghc3BarDecider
technical analysis of shalby shares for coming daya
shalby ltd, seems after breakout near 120 it has completed its correction till 96. could make fresh start till 180, and make trgts of 120 / 134/ 185 on its way..
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...
Stock has cleared the breakout levels in today's session and gave a comfortable close above those levels, which confirms the breakout, can definitely be bought here with the respective stop-loss for an expected profitable trade.
Trendlines and levels are marked. Go long if closed with good bullish candle and high volumes. Also, one thing volumes have increased in the scrip over the time showing increased participation.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
dont know how to add a image but you can check the chart .