Stock gave a flag pattern breakout with volume. Stock is looking good and see stock testing 440 levels. Downside level of 374 will play an important support.
On the daily chart stock broke the 3 month old trend line support with volume. Beside this stock is forming head and shoulder pattern, whose neckline is placed at 1300. Going forward stock is not showing much strength .
On the daily chart stock gave breakout of Inverse Head and Shoulder pattern with volume. Stock is trading above the parabolic Sar and even the directional oscillators trading positive. Going forward we can see good upside momentum in the stock and stock can test 266-273 levels (19%-23% upside). Downside level of 204 (8%)is going to play a strong support for the stock.
On the daily chart stock gave a Ascending Triangle pattern breakout with volume, which was the highest after Feb 20. Directional Oscillator ADX trading positive and stock also trading above parabolic SAR. Going forward stock can see upside till 87(13% upside) and downside stock is having strong support at 70.30 levels.
On the daily chart stock gave a neckline breakout of Inverse Head and Shoulder pattern. Beside this directional oscillator ADX is trading positive and stock is trading above the parabolic SAR. Going forward we may see good momentum in the stock and stock can see and upside of 266-273 (upside of 19% to 23%)which is the Gap level as well as Inverse HS target....
