You can buy even after the level 94 break out.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The accuracy rate for cup and handle pattern for stock on Daily timeframe are 65% and 68% respectively.
The double bottom pattern is a bullish reversal pattern that occurs at the bottom of a downtrend and signals that the sellers, who were in control of the price action so far, are losing momentum.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Before take a trade do your analysis and just wait for the breakout.
The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. Buy for 857 with stop loss close blow 600. A major...
a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents. Buy with stop loss close below 29.50.
Last week we gave a multibagger call at rs.9.30. I do not work in penny stocks. But some special information about it, and there was a break out on the charts as well. the possible target is 18.those who did not take it, do not buy now.
For target and stop loss see last idea
Hind OIl Exploration is one of the biggest beneficiaries of rising crude prices!! Hind Oil seems headed for 131 levels buy with a stop loss below 95