It formed a descending traingle but it gave an upside breakout with high volume. Also after the breakout it touched the resistance-cum-support line but didn't go below that line.
Target 1:- 290+
Stop Loss:- 220
This stock gave a breakdown on 28 Oct 2021 but with lower volume. As a result it tried to go upside but got corrected every time after touching the line that was previously the support line which now became the resistance line. As a result it has more downside. Stop loss will be updated over here shortly. Minimum target of 19700. If it goes below that the target...
This stock actually gave a breakout on 5th Oct. Then on 12th Oct and starting from from 20th Oct it's retesting the line that was previously a resistance line now became a support line. It is not breaking down below that level and also because of that a small symmetrical triangle has been formed. Now it already has a potential for an up move and when it will give...
VEDL gave a breakout from the symmetrical triangle pattern on 4th October with higher than average volume and after giving one green candle after the breakout it retraced back to the downward sloping line and it started retesting. It didn't breakdown below that line confirming that the uptrend is still in place.