price is broken a pennant pattern , with wide spread and volume. looking bullish.
broke weekly and daily resistance. With volume after seeing seller narrow range contraction
price is making all time high volume rising notice three last candle of bears (volume contraction ) bulls volumes are better then bears in triangle impulse move(accumulation) wide spread break of level seems bullish to me.
metal sector is verge of resistance so either it can break or turn back so company follow sector here in chart complete dried up sellers then strength of bull seems bullish to me.
forming rounding bottom in weekly volumes rising trend tuned seen accumulation while forming rounding bottom small and mid caps are performing .
price has formed flag pattern and broke daily & weekly resistance with wide spread and volume. we have seen narrow spreads of bears also. looks bullish
stock has given breakout of rounding bottom formation. but volumes are not coming and last bull candle showing price rejection from upper side. but pharma companies are showing bullish move is coming.
forming triangle and broke in daily and weekly. if sector is bullish so companies of sector. so notice lodha developer already breakout ,isobha breakout but retesting,indiabullsrealstate near resistance,sunteck already breakout,godrejproperty , all these companies are showing strength there are few more stocks which are on radar for swing and intraday trade ....
most of finance companies are either standing near resistance with heavy bull volumes or broke out like bajaj , sector is forming a triangle and showing rejection from bottom line. keep eyes on finance companies like bajaj, manpurram ,muthoot mfsl it showing breakout on upper side. and bulls strength
sector has formed triangle , by seeing candles bulls are having wide spread, other side cement companies are standing on resistance showing they may breakout jk cement,jk laxsmi, ultra tech forming triangle too , ramco cement and ambuja cement all these are showing strength with scetor indices. for me it looks bullish
stock has given breakout in week and day time frame with increasing volume. simple price action .
stock is standing near all time high and resistance with heavy volume. and volumes are rising by week by week and day time frame. stock may blast keep eyes on it.
flag breakout and pullback. but still volumes are not coming. with 5% sl if one wants to put money for long.
notice how price has behaved with volumes, seller hv been weak throughout rounding formation. where bulls accumulated with heavy volume and wide spread. price is paused after breaking neckline. either it will take pull back to retest neckline or it may fly directly. with 7% sl can be taken long.
price has broken rounding bottom with wide spread and volumes. with 755 as sl we can go long .