After giving breakout, stock is consolidating in a range from last 6 months. Once this accumulation ends, a new rally may start again.
stock finally has sustained above its 5 years high in its 5th attempt after consolidating last 4-5 months. may be looked upon for bigger targets
Stock is trying to give beakout above 5 years high. If this breakout happens as volume is also spoorting, stock can try for its All time high.
#RDBRL Stock has formed a cup and handle pattern on weekly chart. Volume is also increased while it moving upside and dried volume during downfall. Fibonacci target comes for 160 and 250. Fundamentally also stock is doing reasonably well.
#LAMBODHARA Rounding bottom pattern, stock in highr high higher low pattern, today broke its 2021 resistance. looks promising from here for target of life time high which is 5x from cmp.
#GMDCLTD as shown stock is in formation of rounding bottom, also making higher high higher low supported with volume. Today only it gave breakout above its previous high.
Stock is in strong uptrend, making higher high and higher low both on weekly and monthly time frame. Interestingly volume is also supporting this upmove. With every rise, volume is increasing and every fall, volume is falling. Fundamentally also strong is doing good enough.
Seller in stock seems exhausted now. One can look for long opportunity above support line only.