MonishMoz

MonishMoz

One of fav stock for most of us. The stock with strong financial background and now good technical also. Ascending triangle with formation of continuous higher highs and higher lows. Strong bet for long term.

MonishMoz

Can someone explain what this formation is and what does it mean?

MonishMoz

Price had moved already and could see some pullback before reaching the required level. Volume seems pretty good with lot of people coming which signifies better buy.

MonishMoz Updated 

There is a strong resistance seen on edge. If the Breakout happens this stock has strong move ahead. Volumes are pretty good on reversal, if the same volume persist with breakout we can go for buy. Disclaimer: This is educational content, do trade with analysis.

MonishMoz Updated 

Forming new 52wk high, showing there will be some strong resistance after which the price will rocket up.

MonishMoz Updated 

Stock had already broke out of the triangle. Now, it is retracing back to its lower level. If the stock moves up for next two session, Long call can be initiated.

MonishMoz Updated 

Breaks out with wide and high volume. How long will this go?

MonishMoz Updated 

Will be a good buy above 29, if the price breaks the neckline. Look out the volume when price expands at position 1 and 3. Relative strength against Nifty is better. Let's see. Disclaimer: Idea is for learning, please do your analysis and try.

MonishMoz

Strong cup and handle formation on 1D candle, stock had already moved higher. but, I'm trying to understand if my pattern is correct, can someone give me review on this. If yes, please give me an idea on fixing up target for this trade.