Stock is currently moving in an uptrend accompanied by breakout from triangle pattern. Stock also has some good volume. A solid example of Price Action Stock.
HIKAL was forming side trend for 437 days and started to move in the upward direction. As seen from the chart, it started uptrend from June and still in the trend against market.
A typical example of Morning Star and Evening Star in the same chart. Its a good time to consolidate Gold Evening Star Evening star patterns are associated with the top of a price uptrend, signifying that the uptrend is nearing its end The first day consists of a large white candle signifying a continued rise in prices. The second day consists of a...
Evening Star Evening star patterns are associated with the top of a price uptrend, signifying that the uptrend is nearing its end The evening star pattern is considered to be a very strong indicator of future price declines. Its pattern forms over three days: The first day consists of a large white candle signifying a continued rise in prices. The second...
RAMCOSYS has retraced after a breakout from the traingle pattern and is expected to move upward. CMP - 416.3 TARGET - 456 which is 11% from the current price.
Morning Star - The Morning Star pattern is a classic bullish reversal pattern in technical analysis. The pattern consists of three candlesticks: two large ones with different directions and a smaller candlestick between them. Flag Pattern - A sudden move in either direction followed by the price consolidates in a range following the sharp move, and the price...
RATEGAIN has given a breakout from Triangle Pattern and there is a potential 7-8% returns in the short term. RATEGAIN has tested 4 resistance and 3 support and now has given a breakout. Recent volumes suggest that the stock is in strong direction. Disclaimer: Do your own analysis and let me know what you think of this.
BOROLTD has made an ascending triangle pattern in weekly chart. There is a high possibility it might go up. Volumes are also high. If there is a breakout and weekly close is strong there is high chance for a 50% profit. Next Step: Wait for it to close strong with a breakout Disclaimer Please do your own research before taking any position.
CDSL has formed an Ascending Triangle Pattern, with five support touches at the bottom and three resistance touches at the top, suggesting a high likelihood of an upward breakout. Given the somewhat bearish close on the previous day, it’s advisable to confirm the breakout before entering a position.
TITAN is now in the support line with tweezer bottom candle formed at the support. Expec a potential 20% upside from current level.