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Swinging in a range post reversal from Point D.
In weekly; Converging trendlines along with declining volume as the price progresses is progressing.
Targets remain intact at 2320 and 2380.
#StockMarket #StockToWatch https://t.co/8q988LZ5Er
#PIDILITE
— Gurleen (@GurleenKaur_19) August 12, 2021
Price volume action.
The setup looks good above 2273.40 for targets of 2320 followed by 2380.
[On Watchlist] #StockMarket #StocksInFocus pic.twitter.com/8htyGPIjEl
as the price is progressing*
As per traditional chart analysis, the breakout from the flag can extend by a distance of the flagpole which gives us the price objective of 5850 or thereabouts.
Let's see what happens!
#ApolloHospital https://t.co/jHgjR2WThe
Looks like a Flag to me...
— Hardik Upadhyay, CMT. (@tradingwithdyr) August 30, 2021
A flag pattern is a continuation pattern that suggests a short-term consolidation in opposite direction preceding a strong move.
A breakout above 4850 could have a rapid movement!#ApolloHospitals pic.twitter.com/q7g4enQjRY
Objetive is to move higher towrds 0.786%(6560) and ATH cross.
#Probability^^^
#BLUEDART -5842
— MaRkET WaVES (DINESH PATEL ) Stock Market FARMER (@idineshptl) August 3, 2021
Objective is to cross ATH.
And than move higher towards each Fibonacci extension. #Probability pic.twitter.com/1vMszoEnMh
Understand the concept - whenever you see price squeeze with volume contraction of this level, you will not get another chance to buy the stock at pullback. The character of a strong BO is that retailers won't be able to buy it. https://t.co/2Qq4pilmd8
Deepak nitrite
— The_Chartist \U0001f4c8 (@nison_steve) July 30, 2021
Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p pic.twitter.com/hwYIoRxazl
