Stock is in uptrend for few years with a trendline support from 2016. During COVID crash, bears broke the trendline support. The Bulls energized a V shaped recovery and took the trendline support again. While the V shaped recovery, the stock formed Inverted head and shoulder and it is at the urge of breakout with the ascending triangle formation. Patterns :- ...
SBIN is in uptrend for a long time with a trendline support from December 2020. And it has formed short term ascending triangular pattern. The stock has given breakout from the triangular pattern and retraced. Buy above 487 Target at 522 Stoploss below the blue breakout line
Punjab and Sind Bank has given breakout of 3 months old trendline. Details in chart: Buy above blue line Target at green line Stop loss at red line Comment your views on this trend.
Trendline starts backin 2008 which is 13 years old trendline. Let the stock price take a retrace to the trendline. Buy after the price crosses all time high. Target - 1400 SL - 510
NHPC has breakout the weekly trendline and enter a consolidation in the 15minutes time frame. Once breaks the consolidation, target can be reached.
Wait for Trendline breakout. The stock has moved across a strong resistance at 134. Today, Volume was less due to consolidation in minute timeframe after the stock broke the trendline. So expect a great move after consolidation.
Seems to be taking a turn from the downtrend. I am expecting this to reach a target of 213. above 213, it will be a good long term bet. Other details in the chart.
Head and shoulder pattern with increase in volume. Buy above the neckline (wait until price crosses neckline) SL @ 309 Targets @ 505, 605, 705
Wait till the monthly Trendline breakout and cup - handle pattern breakout. Buy above 290. Wait for day close.
Resistance at all time high. Consolidation below ATH. Good to buy above ATH.