After breaking the previous 52w high of Jan'24, NFL has come to retest the level. The current consolidation around previous ATH and increased volume activity shows positive signs in favor of an anticipated up move. In the daily TF, "w pattern" is formed and the price is consolidating inside the mother candle of 22/08/24. A break out on the up side can be the start...
GARFIBRES shows promising chart pattern after a correction from ATH. Trendline break in Daily time frame with volume. This trendline break, after a consolidation, is a good combo. Good vibes for upside.
Happy trading!
After breaking 52w high in April with significant volume, KSCL is continuously trading above the level. After consolidation, it broke the Darvas box in weekly TF and eyeing the ATH. How do you think, will this turn out?
When I look at this chart of DEEPAKFERT, I see a potential to move up and a very good level to buy. This is a good level to buy at retest after a Cup and handle breakout. More over the price is hovering around the Fibonacci 0.5 and 0.618 levels which makes it a good buying candidate. Money management is a must. Cheers!
BPCL is seen giving a clear break out on the charts. Volume looks good. W pattern is affirming the higher probability of the trade being profitable. Can be a good buy at retest. Money management is a must. Cheers!
