5mangoes

5mangoes

A decisive close above 300 will suggest that price has resolved out of a flag pattern, targeting around 325-330 levels.

5mangoes

Immediate move towards 130 seems likely in the short term. In the long term, it is likely to test 155 levels. Add on dips.

5mangoes

Flag pattern resolution in weekly chart. Further move towards 250 likely

5mangoes

HEG appears to have resolved out of an inverse head and shoulders pattern and sustaining above the neckline with other positive attributes in the construct of the pattern. Medium-term upside potential towards 235 and 260 seem more likely. Buy on declines.

5mangoes

Persistent seem to be in a range bound since mid 2015 and the recent decline is approaching key supports around 580 levels. With the declining weekly RSI trend intact, the stock might find it difficult to sustain on the current test. Failure to hold above 580 could start a strong downside move towards 490 and 460 levels. On the other hand, strong evidence of...

5mangoes

Break above 330 suggests a resolution of an inverse head and shoulders pattern, look to buy on declines towards 330, with SL below 320 for an upside potential towards 368/385 levels

5mangoes

2016 consolidation failing to break above 1200 could lead a downside resolution towards 850, and break below could lead a decline till 630