Looks like forming the double bottom pattern. Potentially upside for 25%. We can keep SL for the bottom line
Just dial has formed a flag pattern during its up-move journey. Volumes have dried up. It can give break out above its flag barrier. Watch-out for the break out with good volume, indicates its continuation of up-move. For Educational Purpose Thanks,
It has closed above 200EMA RSI has given a break out and it is moved up from the oversold zone. MACD bullish cross over has happend. Till the breakout volumes were dried up and on the break out volumes are comparatively larger. This could be good opportunity to get in for long. Please comment your views. Thanks,
Levels are in chart. Let me know if any thing is missing or wrong.
GSFC Break out of symmetrical Triangle on 26th November. CMP: 71.45 TP : 93.30 Can be bought about 74 for safer side(25% up) SL:67.05 (-5% risk) A beginner's post. Let me know if there any missing in the post. Thanks,
As we can see, the long term bearish pattern is broken with the good volume. Again it has taken the support of the long term resistance trend line indicating that the trend reversal is confirmed. And again, it has give BO at resistance 63.5 with good volumes. We can expect the shares to reach 74 with resistances around 68 to 70. #beginner Thanks,
Please refer to image for explanation. As a learner I have posted this, please let me know if you think there are missing in the post. Thanks,
It has given BO of flat top triangle with good volumes. Looks like headed towards 200 mark. #Beginner Thanks,
BHEL has given break out with potential upside of 20%. Symmetrical Trainable breakout with good volumes and towards the long range resistance. #Beginner Thanks,