SunTv: 1. Neckline acting as resistance. 2. Previous resistance acting as support. 3. Volume's declined This is a Perfect H&S.
Observations 1. Three different entry points - A, B, C 2. A at 567, B at 753, C at 891. 3. One triangle breakout at 891. 4. All entry points still within the trend 5. Currently inching towards forming a triangle. 6 . 21-Aug is dividend date. Let's see if it breakouts or not.
Price Prediction - Learning - Trendlines (External / Internal) - Entry points and intersection of external and internal trendlines - Target price based on intersection.
Trendlines and Spacing - Learnings 1. T# and A# are the entry points for two different up trends. 2. Trendlines widely spaced touches are marked in green color with the entry point numbered in T# and A#. 3. Trendlines with narrow spaced touches are marked in pink color (Considering staying in the trend, these lines may be wrong). 4. A trader entered @ say, T1...
REC - Channel Formation 1. Tried with Fibonacci channel
1. Double Bottom Breakout 2. Strong support near 479
DHFL - Multiple Flag formation - Heading towards a triangle formation ?
PEL - Inverted Head and Shoulder - Breakout above Neckline ?
OmMetals - Multi year support broken around 36. If it falls further then the next target would be around 29.