The stock has been rallying inside the wedge for a long time with multiple testing of both the support and resistance, Look for trade opportunities
Sell signal inndicated by rsi indicator showing negative divergence
Short sell if it does not breach the resistance by 20th April 2019, i expect a three drive formation
Bullish expectation if right shoulder level is broken with good support
M&M we can see an inverse head & shoulders pattern, downward wedge breakout and positive rsi divergence. Unleash time for the bulls.
Triangle formation is expected to give an upside breakout with good fundamental backing
I profess a good upside bet on bpcl if it maintains price of 350 for few days.
LOOKING for an upside breakout from the wedge and a good upside rally!
We can observe a downside breakout owing to lower than expected performance in Q4 results.
An upside breakout is seen go bullish
Support and resistance has been tested several times good for swing trades
expecting upside breakout before the end of april.
I expect another upmove followed by a range bound down move the stock posseses good fundamentals. buy for both short and long term.
Bullish breakout observed meghmani organics with strong fundamentals.
We can see a breakout after formation of inverse head and shoulders formation on hourly charts
Three drives formation is observed here expecing a target of 389/390.
Head and shoulders formation look for breakout below neckline.