Earlier, I shared my personal analysis of Nifty 50, highlighting the formation of a potential head and shoulders pattern. At the time, I noted key levels:
Resistance at 25,400: If Nifty broke above this level, I would wait for confirmation from the next candle before making any moves.
Support at 24,800: A drop below this would signal the start of a downtrend,...
Good momentum is expected from here. It's clean and breakout with a Volume spurt. You can enter the trade tomorrow and expect at least a 30 - 40% return within a few days.
Please do your own analysis before entering the trade. These are just my views please follow strict stop loss and target.
Thanks
Darshan
Asain paint will breakout from an ascending triangle pattern in coming weeks. Once it breaks out, wait for the pullback, and then enter the trade for a good upside move.
Simple price action, nothing else. Stock has given breakout after 10 years in Monthly Time frame and trading at all time high. Good momentum is to be expected in the stock. Hold on to the stock for the long term.
DISCLAIMER: The expressed views are individual opinions, not stock recommendations. Please perform your own research before making investment or...
I've noticed that the stock has broken out of a bullish pennant pattern in both the Monthly and Weekly time frames. In my opinion, this seems like a great opportunity to consider buying. I believe that once it breaks out above 692, it has the potential to generate substantial returns in the months ahead.
I'm still in the learning phase, so I'm very open to...
