mdsohail2500

mdsohail2500

1)head and shoulder pattern 2)Almost 6 months patter/consolidation 3)All time high at 695

mdsohail2500

Double top pattern low is acting as a resistance.Price need to break that resistance than only any possible up move is possible.Its not recommand its only for education or view purpose am sharing

mdsohail2500

Cup is completed know its moving towards to complete the pattern pre breakout can take entry

mdsohail2500

After breakout of pattern its still have pattern target room ,and also its making higher high and higher lows can go long by keeping small stop loss

mdsohail2500

After breakout its consolidate well know its full bullish

mdsohail2500

After breakout stock is consolidating above its previous resistance which become support

mdsohail2500

Cup with handle pattern.can generate pre entry at this point because price is making higher highes and higher lows

mdsohail2500

Price is making higher high and higher lows .its near to the resistance

mdsohail2500

After down ward channel its made rounding botton,after breakout know it has made flag pattern

mdsohail2500

After breakout Flag patter has form if its flag than again it will form a new high

mdsohail2500

Resistance become support and price is respecting that support

mdsohail2500

higher highs and higher lows towards resistance and may it will break the resistance

mdsohail2500

Its making higher highs and higher lows may break the down weadge pattern.can initiate price on current price

mdsohail2500

the price is near to breakout can generate trade after breakout or while pull back

mdsohail2500

Rico auto has broken resistance which become support and getting rejection from support know the support area become demand zone where we can enter into the stock

mdsohail2500

Retesting previous high zone which where supply zone know it turn into demand zone

mdsohail2500

price breaks its trendline and try to breaks resistance but fail to break resistance level but if price took support on previous resistance which become suppoet know it may breaks the resistance level.best entry level is retest level low risk high return.

mdsohail2500

Stock breaks all time high and made deep retest and gain form pattern and also its taking trend line support and previous resistance support if stock breaks it than we can look for long