Vaibhav_Gujar

Vaibhav_Gujar

NTPC has already given breakout of smaller time frame with smaller targets. There is little resistance on mid-line of up-trending channel at current closed price level, Previous incidence doesn't support much on resistance on the mid line, However price may move with high momentum to top of the channel around Rs.175 Breakout candle :- 1) Breaking out Angular...

Vaibhav_Gujar

Breakout Candle with below features :- Key factor :- Dow theory reversal with HH & HL on hourly chart, Bullish divergence on oscillators (RSI,MACD, Stochastic) 1) Breaking out Angular trend line 2) Breaking out Head and shoulder Neckline 3) Challenging Upper Bollinger band 4) DI+ crossing DI- with ADX above 20 5) High Volume 6) RSI - 66.02 7) ema crossover...

Vaibhav_Gujar

GNFC has passed multiple filters to have bullish view currently on daily chart Patterns and Interpretation :- Inverted H&S :- There is Inverted Head & Shoulder formation at bottom as reversal, Dow theory reversal :- Trend is reversed from inverted head long back and stock is in uptrend Genuine Break out :- There is shakeout happened before breakout and it...