Price follow a 10 years channel and higher high formation in weekly chart .
Fail breakout teach u biggest lesson in your life and in stock market also ... Never depend fully on anyone .....Manage your qty. always
Price consolidate in a range and also made a inverse head & shoulder pattern when price break neckline then we will see good move
After strong extend move in smallcap stocks finally near to end this rally ..may be take couple of days or week
After a strong downtrend finally price break base if TODAYS closing upper end of the day then we will see good upmove upto 640/900 and swing low act as a SL .
Price finally break the well defined resistance level after multiple test .. Swing low act as a exit point .
Price out from multiyear Downtrend channel and also build a 123 Setup .. below 37 act as a STOP lOSS
Before price consolidate in a range finally price break the range ... In this setup swing low act as a exit point .
Larger the consolidations stronger the breakout . After strong consolidations finally price break the range .
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout.
Price trading near a well defined boundary when price break the boundary and close above it then we will see a continuation move .
Price Trading near Multiyear Resistance ...High probability we will see some downside
In Naukri/Nifty Ratio chart made a inverse head & shoulder pattern after a deep correction , for now high probability #naukri outperform Nifty .
Price Trading near Multiyear Resistance Zone .... High probability some times LT under perform Nifty
Larger the consolidations Stronger the Breakout . Swing Low act as a Stop Loss
High probability Next two years Nifty Junior outperform #nifty50
Doubtful #breakout so i will prefer to wait for pullback for fresh entry
In long term as well as short price always follow a channel in bhartiairtel case price follow a uptrend channel and our work is enter near Channels lower boundary with defined risk .