Breakout Stock/Reversal Trade- IRB Infra Dev Ltd (NSE: IRB) Current Price: ₹60.15 (+1.02%) Volume: 18.14M 1. Pattern Analysis - Cup and Handle Pattern (3 Months) - The chart shows a Cup and Handle Pattern forming over the past 3 months, a bullish continuation setup. - The cup represents a rounded consolidation, while the handle is a brief pullback...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 2 Years - Description: The stock has been consolidating within a rectangle pattern, with a well-defined resistance at ₹75 and support at ₹40. This prolonged sideways movement indicates accumulation and a potential buildup for a significant move. - The breakout above ₹75 marks the end of the...
1. Pattern Analysis - Rectangle Pattern (10 Months) - The chart showcases a well-defined Rectangle Pattern, a consolidation phase that has lasted for 10 months. - The upper boundary of the rectangle is at ₹372, which acts as a resistance level, while the lower boundary is near ₹280, serving as strong support. - The price is attempting to break out...
1. Pattern Overview - Formation Details: - The stock has developed a 5-year cup and handle pattern, a strong continuation formation indicating the potential for a bullish breakout. - The cup portion reflects a gradual decline and recovery, showcasing accumulation over time. - The handle portion is a short consolidation phase near the resistance, preparing...
1. Rectangle Pattern Overview - Formation Details: - The stock exhibits a 2.5-year rectangle pattern, a classic consolidation pattern indicating indecision between buyers and sellers. - The resistance is clearly identified at ₹160, with multiple failed attempts to breach this level. - The support zone lies between ₹135-₹140, reflecting consistent buying...
1. Pattern Analysis - Symmetrical Triangle Pattern: - Timeframe: 3.4 Years - Description: The price has been forming a symmetrical triangle, characterized by a series of higher lows (support) and lower highs (resistance). This pattern signifies indecision in the market, often resolving in a sharp breakout or breakdown. - The narrowing range between ₹75...
1. Pattern Analysis - Cup and Handle Pattern: - Timeframe: 5 Years - Description: The chart exhibits a classic cup and handle pattern, a bullish continuation pattern indicating potential for further upside. The resistance at ₹28 has been breached with a strong breakout, confirming the pattern. - The extended timeframe of this pattern enhances its...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 5 Years - Description: The stock has formed a rectangle pattern, with a well-defined resistance at ₹24 and support at ₹8. This long-term consolidation suggests significant accumulation and potential for a substantial breakout. - The breakout above ₹24 signals a shift in sentiment, with the potential...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 8 Years - Description: The stock exhibited a prolonged consolidation within a rectangle pattern, with a well-defined resistance at ₹640 and support at ₹240. This extended period of consolidation reflects equilibrium between buyers and sellers over a long duration, indicating a potential for a significant...
1. Pattern Analysis - Rectangle Pattern: - Timeframe: 2.5 Years - Description: The stock was trading within a well-defined rectangle pattern, bounded by ₹70 (support) and ₹130 (resistance). This prolonged consolidation indicated indecision in the market, with neither bulls nor bears gaining dominance. The breakout above ₹130 marks the conclusion of this...
1. Pattern Analysis - Pattern: Rectangle Pattern - Timeframe: 3 Years - Description: CenterPoint Energy has been trading in a well-defined Rectangle pattern with horizontal resistance at $31.50 and support at $24.00. This extended consolidation phase reflects a balance between buyers and sellers. The stock has recently approached the upper resistance,...
1. Pattern Analysis - Pattern: Rectangle Pattern - Timeframe: 2.8 Years - Description: Expand Energy Corporation has been trading within a well-defined Rectangle pattern, with horizontal resistance at $98 and support at $68. This prolonged consolidation phase represents a balance between buyers and sellers, with neither side dominating. The recent...
1. Pattern Analysis - Pattern: Cup and Handle Pattern - Timeframe: 11 Years - Description: EQT Corporation has formed a long-term Cup and Handle pattern on the weekly chart. The "cup" is characterized by a rounded bottom spanning several years, reflecting a gradual recovery from a significant downtrend. The "handle" represents a consolidation phase near the...
Mastek Ltd. 3099- Cup and Handle Pattern 1. Pattern Analysis Pattern Name: Cup and Handle Pattern Timeframe: 2.5 years Description: The Cup and Handle pattern consists of a rounded bottom (the "cup") followed by a smaller consolidation phase (the "handle"). This pattern represents a long accumulation period where selling pressure gradually weakens, leading to a...
NASDAQ:BTBT 5.35 -Rectangle Pattern -Strong Breakout with Breakaway Gap -Possible Upside 7.5-10-12 Levels -Support Near 4.5 Level #TechnicalAnalysis #Trading #Investing #Stocks
Chart Pattern Identification: The Nifty SmallCap 100 index is currently trading within a well-defined ascending channel that has held for over 1.5 years. Recently, the price action has shown a Tweezer Bottom/Piercing Pattern near the lower boundary of this channel, which is typically a bullish reversal signal. This pattern indicates strong buying interest at...
Stock Analysis Report for Cipla Limited 01. Pattern Analysis Pattern Name: Pole and Flag Pattern Cipla has formed a Pole and Flag pattern, which is a bullish continuation pattern. The flag represents a consolidation phase after a strong upward move (pole), typically occurring before a breakout to the upside. The stock is at its all-time high, with a breakout...
Breakout Chart NSE:BOMDYEING 131.5 1. Long Consolidation between the strong rectangle pattern with time frame of 5 Years 2. Breakout at 140 level in the chart 3. If price is able to break the 140 level we will have strong breakout and this will lead price towards the 200-240++ levels 4. If price is not able to break the resistance level we can see some more...