by Valarmurugan | Dec 10, 2020 | Stocks to Buy
On the daily chart, the stock is forming a bullish flag pattern after sketching the flag pole on an attempt to breakout from a triangle pattern. The stock price for the last few weeks were gyrating between a very tight range and has moved past the range on 03 Dec 2020...
by Valarmurugan | Oct 12, 2020 | Stocks to Buy
The stock has attempted a ascending triangle breakout on the daily charts and tested the all time highest high with a good increase in volume. The primary trend of the stock is bullish as the stock is forming higher tops and higher bottoms and also the stock price is...
by Valarmurugan | Aug 13, 2020 | Stocks to Buy
After a few months long consolidation SBIN witnessed a triangle pattern breakout, backed by increase in trading volumes. The stock has witnessed a sharp selloff from 300-320 levels and has bottomed out around 170-200 levels. In addition, the stock have closed above...
by Valarmurugan | Jan 14, 2020 | Stocks to Buy
On the daily chart, the stock has witnessed a smart upside breakout from the triangle pattern witnessing a good increase in volume and strong bullish candle. The overall trend is primarily bullish but the stock has been sideways movement since 2017. The recent...
by Valarmurugan | Dec 11, 2019 | Stocks to Buy, Uncategorized
Hindalco has clearly formed a triangle pattern and is now on the verge of a breakout on either direction. The stock has been trading in a downtrend for the last several years and there’s still no change in trend. Besides, the stock has found a strong support at 170...