Shakti Pumps - Comparison of Quarterly Chart vs Weekly
Today price was locked in 5% UC
Quarterly View: Long Term
Weekly View: Short Term
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
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Today price was locked in 5% UC
Quarterly View: Long Term
- On Quarterly, the price is following a 12 Year Parallel Channel
- Cup and Handle BO done on Monthly for Target of 2105
Weekly View: Short Term
- On Weekly - Price is seeing to be travelling in a smaller Parallel Channel
- Inside the parallel Channel, repeated Cup Patterns (Rounding Bottom) seen
- Latest Rounding Bottom BO confirmed on weekly above 1605 for Short Term Target of 2055
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends