After a failed break out can the stock finally give a big break out of over 10 years in the making and be ready to give good returns in the coming months? Keeping a SL of 121 on closing weekly basis, a break out above 138.5 levels is to be keenly seen.
A good round of consolidation in the stock since the past one month, the stock showed momentum on Friday with an attempt to break out. A sustained close above 120 can see the stock doing well in the coming day keeping a SL of 115 on closing basis.
A sustained close above 114.75 is needed for all resistances to be cleared for the stock
A good Cup and Handle break out with a beautiful breaking out candle SL of 133.80 on closing basis
A volume buzzer today with a good flatish cup and handle break out, one can expect it to do good in the coming sessions keeping a SL of 104 on closing basis
A Harmonic ABCD in the making, chart is pretty self explanatory of levels to watch out for
A good ABCD Pattern being made, keeping a SL of 122 it can do a target of 156-157 quickly in the short term
A good Harmonic ABCD pattern in the making with a good upside potential in the offing. Taking a retracement of 38.6% on the Fibo, a good upside can be seen with a SL of 273 on closing basis
A sustained close above 139-140 can lead the stock to higher levels
A good Break out on Weekly with a good jump in RSI above 70 makes the stock poised to reach much higher levels