1. Consolidation 2. 50% retracement 3. Support taken at support level 4. Double Bottom at support level 5. Break-out and close previous All time high 6. ADX - shows strength of the trend
1) Monthly has broken out of a double-bottom pattern and is in a strong uptrend. 2) Weekly has broken the recent consolidation resistance. 3) Daily time frame price action looks interesting - key takeaways, Price Psychology - Price understanding: After 3 times of sellers attempt to pull down the price, buyers won at 104.30 levels and then after the...
Ready for Breakout Also good volume Disclaimer :- view are personal. No recommendation any buy & sell.
Buy above 75 Targets 85 90 100 Book profits accordingly.
Ranked as world's largest home textile supplier. Potential Multibagger!! There is divergence in RSI on weekly and Stochastics is hitting the floor on monthly. Sales declined since SEP 2021 with decline in OPM%. A decline of more than 63% shows price has already factored in these fundamental aspects. Net profitability has increased by 11.3% Key support level...