CDSL : Reverse head and shoulder pattern formed in CDSL.
Stock has closed just abovethe neckline. Break out has happened with the good volume. Stock can give potential move of upto 30% in coming months.
We can keep the stock in our watch list for Swing Trading.
MARUTI : Reverse head and shoulder pattern formed in Maruti.
Stock has closed just below the neckline. It it break's out it can provide the mmove of upto 56%
This head and sholder pattren has taken 66 months for it's formation.
Auto Sector isdoing very good and beating Nifty50 in returns.
Thus this stock can be part of your swing trading watch list.
ESCORT: Reverse head and shoulder pattern on the daily chart.
The stock has already given a strong breakout with very good volume above the neckline
Stock can provide potential returns of up to 15%.
Thanks and Regards !
Cup and handle pattern has finished its formation in BAJAJHLDNG. Price is almost at the neckline, after break out it can give a potential move of up to 21%.
It is worth noting that the stock has given a rally of about 12% without a single red candle in the daily chart.
Kindly plan your trade with caution and as per your own wisdom.
Thanks and Regards!
BAJAJFINSV has completed the formation of CUP and handle pattern.
Stock is trading near to neckline.
After Break out Stock can give a potential move of up to 15%
