In this, Price made a symmetric triangle pattern in higher time frame and also made a bullish penant pattern in smaller time frame.
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Fundamental :- Shree Cement is the third-largest cement manufacturer in India with a capacity of 41+ Million Metric tonnes per annum which has grown over the last 10 years at 15.33% CAGR. The company has a market share of 8% and is third after Ultratech cement with 19% and Holcim (ACC+Ambuja) with 13% market share. Technical :- Symmetrical Triangle breakout with...
RELAXO is ready for up move after breaking 140days consolidation. Also you can see that it formed a descending triangle which will break soon.
Relaxo is ready for up move after breaking out it’s 140 days of consolidation. Also you can see it formed a descending triangle it will break sooner
The symmetrical triangle was broken out yesterday but then due to gap down opening the price again opened lower but the price is again trying to give a breakout which indicates that the bulls are fully active. Keep eyes on this
Looking at the global market, it seems that tomorrow the market will open gap down. If the market opens flat then you can trade by using these levels
Price first broke down its important level but is now trying to move up again if it will give closing above 306 then we can expect a good up move but if it will break down trend line Then there could be a downfall again (not big)
TORNTPHARM is moving inside a descending triangle since day 46 I hope to break soon and give good move.
Rising wedge pattern formed in PEL keep eyes on it..
A flag and pole Pattern Formed in hindalco After a Rally, After a Breakout You Can Expect a Good Move Again…
A Bull Pennant Pattern Formed in MRF After a Rally After a Breakout You Can Expect a Good Move Again
Channel breakout in higher time frame then great consolidation then again breakout very good long opportunity
Keep eyes on this. It can boom anytime as it has spent a long time at the 0.5 level of the fib. The trend line also got barked out.
Symmetrical triangle formed in Sunpharma you can add to your watch list for intraday and swing
Symmetrical triangle breakout retest done after confirmation fundamentals also good
Nifty formed a Cup and handle pattern you can go for long above 18000
Perfect breakout and retest of trendline and head and shoulders perfect time to enter